US Stem Cell Inc (USRM)

[Dragon Lady]

Quote LOL, "2 new clinics since June, and Q 3 will be out within 2 weeks :) "

WHAT??? WHO'S supposed "NEW CLINICS"...when, where?????

USRM, this here 3 CENT penny stock DOES NOT "OWN" ANY "CLINICS" (they own 33% of the Sunrise FL clinic, the one now under formal FDA investigation and operating under a formal FDA serious "WARNING LETTER" and that is IT, they don't even "own" ONE actual "clinic") and USRM this penny stock has not OPENED A SINGLE "NEW CLINIC" that they hold any "ownership rights" to ??? Where's the SEC filing, PR or similar legal document stating that an asset, aka a "new clinic" has been "OPENED BY, and is OWNED BY U.S. Stem Cell Inc of Sunrise FL" this here penny stock? FIND ONE SEC filing or similar stating that...cause it DOES NOT EXIST.

A company called GACP LLC of Coral Gables Florida (where Chairman Murphy and CEO Tomas live by the way...shazam, imagine that...right down the road from um), a PRIVATE HELD FLORIDA LLC, THEY "opened" a clinic and THEY "OWN" that clinic, and it has NOTHING TO DO with this penny stock corporation- meaning NO ASSETS of said "new clinic" belong to this public traded penny stock company, etc.

Well, except that the CEO and CSO of USRM are now "moonlighting" aka WORKING FOR the private LLC, while getting paid a massive combined salary and CASH BONUSES (somewhere around close to $2 MILLION annually for just "THE TWO", for a company USRM that has only a few employees total and very little cash at any given time) working for someone else as their CEO/CSO "consultants" or whatever the H they're doing, while get massive base salaries and all sorts of "perks" from this near cash broke little public penny stock, now double dipping and splitting their time to a private LLC, of which the shareholders of THIS STOCK own and get nothing from ....nice, eh?

http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=GACPSTEMCELLCLINICS%20L170000054120&aggregateId=flal-l17000005412-48557962-7ac5-4be9-890b-7e3981022fdb&searchTerm=gacp%20stem&listNameOrder=GACPSTEMCELLBANK%20L170000054090

THAT IS WHO "OWNS" and thus has control of said supposed "new clinic(s)", and it's NOT USRM, this here penny stock. ZERO connection in terms of ownership, control, etc

The GACP person(s) even own the damn NAME, "STEM CELL CENTERS OF EXCELLENCE" slapped on the "new clinics" NOT this penny stock USRM. Again, USRM shareholders "own" nothing of those touted "new clinics". A ruse..to try and claim otherwise and just factually incorrect-

http://dos.sunbiz.org/scripts/ficidet.exe?action=DETREG&docnum=G17000027919&rdocnum=G10000068207

And here, here's thee SEC filing showing that the highly paid CEO and CSO of this near cash broke, GOING CONCERN WARNING little penny stock- that they now "WORK FOR" that private LLC, which means they're "part time" at best for USRM, as being a CEO is a more than "full time" job per all industry standards and norms- it's impossible to be a full time CEO and be in two places at once- no way IMO. Most CEO's work 60 hours a week minimum, and 80 hours a week would not be unusual in the slightest- so how he now "WORKS FOR" a PRIVATE LLC as their "CEO" is beyond my understanding (well, actually I totally "get it", but that's an entirely different matter)...

https://www.sec.gov/Archives/edgar/data/1388319/000118518517001674/usstemcell10q063017.htm
Most recent SEC filed 10-Q, PAGE 26:

"On March 3, 2017, we entered into an asset sale and lease agreement (sale/leaseback transaction; “Asset Sale and Lease Agreement”), with GACP (General American Capital Partners) Stem Cell Bank LLC, a Florida limited liability company (“GACP) whereby we sold certain lab, medical and other equipment relating to the cell banking business for $400,000 and leased back the sold equipment over a three year term. The lease includes a base monthly rental payment of $20,000, due the first day of each calendar month. In addition, we are required to pay 2.3%, 22.5% and 31.6% of revenues collected on deposits arising from cell banking business for years 1, 2 and 3, respectively. At the expiration of the lease, we are required to return all leased equipment and along with any maintenance records, logs, etc. in our possession to the lessor with no right of repurchase. In addition, GACP has contractually agreed to invest an additional Two and a half Million Dollars ($2,500,000) to open ten (10) stem cell clinics in the United States within 3 years--with a penalty provision to our benefit for shortfalls if less than 6 clinics are opened within 24 months.

American Stem Cell Centers of Excellence are clinics derived from the investment group behind the Asset Purchase and Leaseback Agreement. AMERICAN STEM CELL CENTERS OF EXCELLENCE provide comprehensive stem cell treatments using innovative technologies and the latest research with the intent that after treatment, the body’s own healing potential naturally repairs and regenerates damaged tissue. With a new clinic in Miami, Florida and, as we intend, additional clinics opening soon around the country, management contends that American Stem Cell Centers of Excellence provides comprehensive stem cell treatments using the U.S. Stem Cell Inc. innovative technologies and the latest regenerative medicine research. U.S. Stem Cell’s team of scientists have pioneered these in-clinic regenerative medicine protocols and, in our estimation, have helped thousands of patients through their partly-owned subsidiary U.S. Stem Cell Clinic. American Stem Cell Centers of Excellence would like to replicate this success and have partnered and, with the Board of Directors’ approval and continued oversight that this will not diminish their responsibilities to our company, have retained the professional services of both Kristin Comella and Mike Tomas AS CSO AND CEO RESPECTIVELY to help with scientific and successful operational deployment of their clinics. The board of directors contends that the successful deployment of American stem cell centers of excellence will lead to the financial value and revenue growth of US Stem Cell, Inc through sales of our products and services at American Stem Cell Center of Excellence clinics. "

THE CEO and CSO of THIS COMPANY, USRM, NOW "WORK FOR" a private held LLC named GACP LLC of Florida, and it ain't got jack sh$%t to do with being an "asset" or granting any "clinic ownership/asset rights" etc to this penny stock. It's a PRIVATE LLC, and it's got PRIVATE OWNER(s), probably several un-named owners, who may be Tomas and Comella themselves IMO, that would be my "guess", meaning they're double dipping of course....shazam-o-wamo...at worst, they're getting PAID TO BE A FULL TIME CEO and CSO OF THIS COMPANY, but are now actually "working for" (aka been RETAINED BY) some guy running a series of PRIVATE OWNED CLINICS HE, and "others" are setting up and that THEY OWN, NOT USRM...noper.

SHOW ANY SEC FILING, ANY LEGAL FILING, ANYTHING that states that USRM this penny stock "owns" any new "stem cell clinic", show it??? WHERE DOES IT EXIST?? Cause I've never seen it- and I don't believe it exists...