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Wednesday, November 22, 2017 10:53:29 AM
WHAT????? PROFIT???? WHEN?? WHERE???
This company has NEVER, EVER, EVER, EVER made a "PROFIT", not since 1999, not since trading public, NEVER. They have ENORMOUS SUNK LOSSES, negative shareholder equity and NO ROI, NO PROFIT(s) EVER in their history...not by a million miles...AND, that's despite cutting R&D to essentially NOTHING for a self proclaimed supposed, "WORLD LEADER IN STEM CELL MEDICAL RESEARCH AND DEVELOPMENT", spending a lousy $1K a month, not even a few HEPA filters and some rubber gloves and disposables at a decent, real "medical R&D company", LOL !
They're good for a MASSIVE TAX LOSS write down ...but "PROFIT"...uh...NO !
https://www.sec.gov/Archives/edgar/data/1388319/000118518517002260/usstemcell10q093017.htm
MOST RECENT SEC FILED 10-Q:
PAGE 4:
Total stockholders’ deficit: (7,535,463)
Parenthesis on accounting entries means NEGATIVE
PAGE 5: (LOSS for the 9 months of 2017 so far)
NET LOSS: (3,828,368)
That's almost equal to their damn top-line "revenues", LOL ! AND, despite having growing "accounts payable" of $1.4 MILLION sitting on that same balance sheet, w/ a lousy $900K or so cash left- there's a real, real good reason they're a "GOING CONCERN WARNING", they're essentially close to CASH BROKE at any given time. Wonder now why they spend almost $ZERO dollars on R&D, but pay large CASH BONUSES to "THE TWO", Tomas and Comella...?????
PAGE 6: (a history of burnt money)
Accumulated DEFICIT: (127,975,128)
And that accumulated deficit (LOSSES) has GROWN EVERY QTR and EVERY YEAR since Tomas/Comella took over full control of running this train wreck. $128 MILLION smoked bucks...and not ONE FDA or similar "approved" product, and losses and debts and "notes owed" for as far as one can see.....
NO "PROFIT"...total nonsense and not a SHRED of their own DULY FILED SEC documents to back up that 100% false claim...none...LOSSES....they produce LOSSES and always have....big ones at that.....
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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