US Stem Cell Inc (USRM)

[Dragon Lady]

It takes FINRA and SEC approval - it's not a done deal yet. The BOD can "approve" all they want - they don't regulate the securities markets. Any R/S action such as this goes before the SEC and FINRA, it's why the SEC filed 14C is "preliminary" until approved.

A massive 1000:1 R/S is never a sign of a "good thing", LOL???? It's about the most last ditch of the last ditch efforts a failing biz can make that I'm aware of? A company's stock price doesn't lose literally 99.99% of its value and hit .0026 cents a share cause thing are going swell and all, LOL !!

They're splitting it to stay on the OTCQB board and not go to the infamous "pink sheets" among numerous other survival reasons and insider control reasons IMO. The 14C filing made it 100% clear that a .01 share price was needed to stay on the OTCQB and they obviously were Waaaaaaaay below that by now, LOL !!

It's a Hail Mary pass IMO. Nothing more, nothing less. I'd expect the price to continue rapidly declining if/when the massive split occurs- what's possibly going to change that reality now?

My .0028 or so Bid cents worth