“
Our marketing, general and administrative costs were $2,073,957 for the three month period ended June 30, 2018 compared to $782,256 for the three month period ended June 30, 2017, an increase of $1,291,701. The increase in costs are primarily due to increases in consulting and other professional fees, increase in sales and marketing expenses and stock based and other compensation, as compared to the prior year.
Our marketing, general and administrative expenses primarily consist of the costs associated with our general management and product and service marketing programs, including, but not limited to, salaries and related expenses for executive, administrative and marketing personnel, rent, insurance, legal and accounting fees, consulting fees, travel and entertainment expenses, conference costs and other clinical marketing and trade program expenses.”
Sheesh people don’t even realize they’re paying USRM’s court fees. It’s crazy how some people investing don’t even know how to interpret a 10Q. Number are numbers. But dig deeper.
It’s also pretty funny seeing them state they are opening more clinics in the “country” BUT what ever happened to Middle East clinics? Nothing... temporary website, temporary investment firm, and 6 months later they are gone.
Turns out court is going after more than just the company, but some employees as well. Maybe they finally read the multiples of people I’m aware of who have all filed whistleblowers. I’m sorry but if they believed in this company and future and if they had any SYMPATHY for any of the shareholders they would take a pay cut.... you do not need 500k+ salary a year to live, and what makes it worse is they are diluting on investors and have a negative business standing based on the 10Q liquidity and adverse affects statement. I don’t think I need to copy paste that statement.
All my posts are just my opinion. Don't base trades off of what I say.
