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Alias Born | 03/07/2014 |
Thursday, September 21, 2017 9:30:56 AM
So who gonna finance um now, what with a major FDA investigation hanging over their ole clinic biz and all? WHO? Their most recent SEC 10-Q filing states that due to their GOING CONCERN and "LIQUIDITY PROBLEMS" they need continual and "ADDITIONAL FINANCING" to continue their operations as then run deficits....so where da money gonna come from now since GACP bailed on um, LOL???? WHERE?? WHO gonna put up more buckaroos??
NO $5 MILLION "investment" to come from GACP, SHAZAM, imagine that??? LOL !! Like I'd of never imagined that one happening? Another BS sandwich classic for the BHRT/USRM history books if you ask me.
Remember those magic words, "UP TO", as in "Will invest up to $5 million, by buying 67 million shares of stock" or whatever"?????
Well, ole GACP bought a lousy $250K shares worth, and now per the 10-Q, TERMINATED THE OLE "AGREEMENT", LOL !! Beautiful baby. USRM/Bioheart CLASSIC AGAIN.
Looks to me like it was all classic hype-n-pump, same as always with this mess.
https://www.sec.gov/Archives/edgar/data/1388319/000118518517001674/usstemcell10q063017.htm
PAGE 19:
"On April 7, 2017, the Company entered into an investment agreement whereby the Company agreed to sell an aggregate of 63,873,275 shares of its common stock for a net purchase price of $5,000,000 ($0.07828 per share). At the execution of the agreement, the Company sold 3,193,664 shares for a purchase price of $250,000 with the remaining sale to be completed within 30 days. The investor has the right to terminate the agreement upon written notice and not complete the purchase. Upon completion of the investment, the investor, or his designee, shall fill one vacancy on the Company’s Board of Directors. On May 18th, 2017 the Company received notice from the investor terminating the agreement and, as such, no other shares were sold."
SAYONARA. GOOD BYE. DONE. OVER. KAPUT.
NO investy no $5 million, LOL !! Another "agreement" gone BUST. What a dang surprise???? That one, that ole "agreement" lasted what, like all of 45 days or whatever? Is that some kind of new record maybe ?
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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