US Stem Cell Inc (USRM)

[Dragon Lady]

10-Q: SEC SUBPOENA TO Tomas and Comella AS INDIVIDUALS....

This 10-Q is a FREAKING TRAIN WRECK on the 2.5 minutes skim-read version..

They are literally CRUMBLING...MASSIVE LOSSES...no bills being paid..common stock being issued to pay common bills.. EXPLOSIVE increase in their SG&A cost line which is why the MASSIVE LOSS INCREASE.....

BUT MOST IMPORTANT...is GACP let Comella go...and AMERICAN STEM CELL CENTERS OF EXCELLENCE IS NO MORE....meaning GACP considers this company and Comella as TOXIC and cut their ties to them...NO CLINICS WILL BE OPENED (LOL) like who didn't see that coming...ANOTHER Tomas CLASSIC SERIES....

AND THE SEC issued additional SUBPOENAS TO BOTH CEO Tomas and to CSO Kristy Comella AS INDIVIDUALS...which means the SEC IS DEADLY SERIOUS and their INVESTIGATION is 100% LIVE and on-going....this will NOT END WELL....

https://www.sec.gov/Archives/edgar/data/1388319/000118518518001385/usstem20180630_10q.htm

JUST ISSUED DISASTER OF A 10-Q, PAGE 40:

"On or about March 1, 2018, the U.S. Securities and Exchange Commission (“Commission”), Miami Regional Office (“Commission Staff”), served a subpoena upon U.S. Stem Cell, Inc., which seeks the production of certain documents and communications. The Commission Staff is conducting a formal non-public, fact-finding inquiry of U.S. Stem Cell, Inc (“Investigation”). The Investigation is neither an allegation of wrongdoing nor a finding that any violation of law has occurred. The Company is cooperating with, and has provided information and documents to, the Commission Staff. As part of the Investigation, on or about May 14, 2018, the Commission Staff served subpoenas upon Kristin Comella and Mike Tomas, respectively, seeking the production of certain documents and communications. Ms. Comella and Mr. Tomas responded to the respective subpoenas and provided information and documents to the Commission Staff. At this juncture, the Company is not able to predict the duration, scope, results, or consequences of the Commission Staff’s investigation. There can be no assurance that the Investigation will be resolved in a manner that is not adverse to the Company.
"

2.5 MONTHS after the SEC started a formal investigation they then SUBPOENA CEO Tomas and CSO Comella AS INDIVIDUALS..BAMMO...SEC IS NOW DOGGING Tomas as CEO and Comella as CSO...AS INDIVIDUALS...making um produce documents and communications...IN ADDITION TO THE USRM "company" SUBPOENA already received...that kicked-off the entire SEC FORMAL INVESTIGATION....

They're COOKED and FRIED IF YOU ASK ME....I'd expect CHARGES TO BE FILED SOON....real...real...SOON HERE....and SHAZAM...another Tomas PERFECTLY TIMED P&D RIGHT WHEN THE SEC 10-Q IS COMING OUT...just like ALL THE PRIOR TIMES HE's done it....LIKE A SWISS WATCH it's so perfectly timed....

Now comes the "D" for DUMP in that P&D as this train wreck of a 10-Q shows that NOTHING HAS CHANGED...it's only GETTING WORSE...BIGGER LOSSES...NON PAID BILLS..BIGGER TOTAL AND CURRENT LIABILITIES..ISSUING SHARES STILL....GOING CONCERN STILL and on and on and on....just a BAD BROKEN RECORD REPLAY but the needle is wearing out.....