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Friday, August 18, 2017 3:51:52 PM
I did a word-search of this entire 10-Q, and "RMAT" DOES NOT APPEAR ANYWHERE in the document that I can find, see or read??? POOF. GONNER. NO MORE. KAPUT !
SO, the supposed "$5 million GACP investment" is now TERMINATED and "RMAT" the smoke-n-mirrors pump-o-rama if you ask me, DIDN'T EVEN GET AN "honorable" (or dishonorable) mention in this just filed SEC 10-Q.
RMAT was a pump, pure P&D if you ask me. The entire early 2017 pump and dump, was hyped and predicated on the "RMAT APPROVAL IS IMMINENT" BS that got peddled and propagated all over social media and penny pump sites and all the rest.
AND, the BS $5 million fantasy "investment" that just went UP IN SMOKE like a Cheech and Chong bad B movie, was to supposedly "FUND RMAT" and "FUND OUR MYOCELL CLINICAL TRIALS" a blah, blah, blah GRADE-A, BS, to me, LOL !!
What a nothing burger. A hollowed-out shell of a nano-cap, sold off their asset to get cash, now their CEO and CSO go to work for the same dude they dumped that asset to- what the H is wrong with that picture???
https://www.sec.gov/Archives/edgar/data/1388319/000118518517000574/usstemcell10k123116.htm
From the 10-K, PAGE 47:
Tomas BASE SALARY is $692,597
Tomas got a CASH BONUS of $500K on top of that
Tomas TOTAL COMPENSATION FROM USRM, 2016: $1,367,982
$1.3 MILLION from this CASH POOR SUB 4 CENT special and the dude is now gonna be doing a side-gig as "CEO OF STEM CELL CENTERS OF EXCELLENCE" a private held LLC, for which he's likely also a private member of same IMO. WTH?
Comella BASE SALARY: $342,384
Comella got a CASH BONUS of $300K on top of that
Comella TOTAL COMPENSATION FROM USRM, 2016: $741,411
AND SHE, SHE'S side-gigging for gawd knows how many PRIVATE HELD LLC's while sucking all that cash compensation out of this cash poor little sub 3 CENT POS penny stock??? REALLY? AND, is now CSO of GACP owned "STEM CELL CENTERS OF EXCELLENCE", getting paid to show to WORK FOR THEM? WTH????
SO, just for "THE TWO", they suck USRM dry for $1,367,982 + $741,411 = $2,109,393....a cool $2 MILLION PLUS ANNUALLY. And now they're gonna SIDE-GIG as CEO and CSO for a private owned LLC, they helped set-up and sold-off a key USRM asset to, aka the stem cell banking biz, for cash to pay back to themselves? Again, WTH???
What a freaking mess if you ask me. SHAM-WOW special as far as I can see and tell. OTC-ville to the stinky tee to me, LOL !
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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