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Thursday, March 09, 2017 1:33:49 PM
ZERO PROOF that those "claims" will or must occur. READ THE ENTIRE SEC 8-K filing and ALL sub page "exhibits" and ALL SAFE HARBOR DISCLAIMERS, etc
ZERO is "guaranteed" to happen. Not a shred of proof yet that so much as ONE CLINIC will be financed, let alone actually open.
What they did do, is they sold KEY ASSETS, a revenue producing portion of their biz, aka the "Stem cell banking" portion of their biz, and they hawked if for a lousy $500K total, to essentially a "hard money" type lender, aka the "lease-back" dude and the terms are stiff and pricey.
It's gonna cost USRM part of their current revenues they were generating, cost um BIG monthly cash outlays going forward, etc.
Again, ZERO guarantee or proof that 6-12 "clinics" will be funded and/or opened in the next 12-24 months. TOTAL BS NONSENSE. That portion of that 8-K, is the easiest portion to crumble and vanish into thin air.
Until FUNDING materializes and the first clinic(s) are built, it ain't real as far as I'm concerned. VERY similar to years of Tomas putting out PR about "term sheets signed" and "letters of intent inked" and blah, blah, blah got a list as long as my arm of those, going back freaking YEARS.
Until a clinic is funded and built by this "lease-back" dude, let alone 6 or 12, it doesn't mean jack crap IMO. SEE ONE BUILT, then they have something to "PR" IMO. Else, it's classic vaporware, SEE SAFE HARBOR STATEMENTS at this point to me.
Posts are only my amateur opinions, personal views and thoughts. They are not any type of investment advice. Do one's own due diligence.
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