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MARKET CAP $3.3 MIL..LIABILITIES $8 MIL PLUS = WORTHLESS....

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Dragon Lady   Monday, 06/10/19 09:17:27 AM
Re: Disbelief1 post# 101670
Post # of 101940 
MARKET CAP $3.3 MIL..LIABILITIES $8 MIL PLUS = WORTHLESS....

Look...FACE REALITY HERE...USRM aka U.S. Stem Cell Sunrise Florida Inc and U.S. Stem Cell Clinic Weston and The Villages and Miami are DONE...it's as good as OVER....they'll be lucky to bring in enough revenues to pay their damn rents or any employees....

It's STILL in total mass collapse and dumping mode....STICK A FORK IN THIS POS CAUSE IT'S BAKED WELL DONE....OVER....looks like to me.....

HOW...HOW are they going to raise any cash now....they're BK IN LESS THAN 2 MONTHS W/O CONTINUAL FINANCING...just read the last train wreck of a 10-Q disaster.....

WHO..WHO THE H other than the bottom gutter of TOXIC DEBT LENDERS (DEATH SPIRAL FINANCERS) would give this mass disaster any money now...

A DAMN FEDERAL PERMANENT INJUNCTION AGAINST THEM...just for starters....and possibly more to come still.....NO ONE KNOWS IF "OTHER" CHARGES ARE STILL TO BE FILED...the Govt ALWAYS STARTS "FIRST" w/ the civil case part.....


AND...and....the insiders WILL NOT BUY THEIR OWN SHARES EVEN AT SUB ONE CENT and OWN NO SHARES....LMAO....well except for OLD MANY MURPHY who has a bag with some TOILET PAPER USRM SHARES LEFT IN IT....making him the bag holder...

BUT Tomas and Comella...BOTH...ARE STILL...still off playing and financing numerous side-gigs of their own while NEVER BUYING ONE CRAPPY SHARE OF USRM....Kristy runs some bio-hacker bullshit club now with hubby Shawn Mann used on the FL corp filings to hide that it's Kristy behind it all.....

Their sales were already MASSIVELY COLLAPSING as of the March 31st SEC 10-Q and now they'll be operating under a PERMANENT INJUNCTION from the FDA with their ability to sell ANYTHING non-FDA approved with the word "STEM CELL" in it...100% SHUT DOWN...totally banned....ANYTHING....their sales are going to fall off a F-ing cliff.....

They have MASSIVE LEGAL BILLS coming due as we speak....to pay law firms for which they LOST THEIR CASE....and LOST BIG.....

What is the possibly up-side to this mess now...WHAT ?????????

The bottom on this one is $ZERO looks like to me...or BK....and the only thing Tomas has left to fund his fat lifestyle and that of Comella is to go back to TOXIC CONVERTIBLE DEBT....their cash-line will be bled DOWN TO $ZERO by end of this Qtr which is end of June, only a few weeks away....

HOW CAN THEY APPEAL THIS LEGAL CASE...paid for with WHAT....MONOPOLY MONEY LMAO....look at their balance sheet and DEBTS OWED and just ACCOUNTS PAYABLE OWED as of the most recent 10-Q....they don't have JACK-SH$T left to fund some YEAR LONG APPEAL and $500K OR MORE IN LEGAL BILLS....EASILY for a Federal level appeal.....

USRM and Tomas and Comella and gang are BAKED AND OVER IS WHAT I SEE (NOT blinded by any fake PhD Comella hack-job sham-wow bullshit "procedure" and butcher job).....

https://www.sec.gov/Archives/edgar/data/1388319/000118518519000653/usstem20190331_10q.htm

SEC 10-Q....MOST RECENT:

PAGE 4:


Total liabilities: $8,348,391

CURRENT liabilities which is bills due in ONE YR OR LESS: $5,748,842


With a market cap of approx $3 million lousy dollars now = BROKE and WORTHLESS....what assets does the company have of any value....NONE....

PAGE 13:

"
NOTE 2 – GOING CONCERN AND MANAGEMENT’S LIQUIDITY PLANS


The accompanying condensed financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the accompanying financial statements during three months ended March 31, 2019, the Company incurred net losses of $673,218 and has a working capital deficit (current liabilities in excess of current assets) of $4,826,171. These factors among others raise substantial doubts about the Company’s ability to continue as a going concern for a reasonable period of time.

The Company’s primary source of operating funds in the past has been from revenue generated from sales and cash proceeds from the sale of common stock and the issuance of convertible and other debt. The Company has experienced net losses and negative cash flows from operations since inception, but expects these conditions to improve in 2019 and beyond as it develops its business model. The Company has stockholders’ deficiencies at March 31, 2019 and requires additional financing to fund future operations.

The Company’s existence is dependent upon management’s ability to develop profitable operations and to obtain additional funding sources. There can be no assurance that the Company’s financing efforts or revenues realized from the Asset Sale and Lease Agreement will result in profitable operations or the resolution of the Company’s liquidity problems. The accompanying statements do not include any adjustments that might result should the Company be unable to continue as a going concern."

END QUOTE SEC 10-Q.....

GOING CONCERN and "LIQUIDITY PROBLEMS" = code speak for teetering on BK and PLAIN ENGLISH stating "WE NEED CONTINUAL FINANCING TO SURVIVE" or we're baked and done or BK.....it's in their own SEC filing....

STICK A FORK IN THIS POS....their sales are going to drop like a LEAD BOAT ANCHOR and they owe MASSIVE BILLS....including a whole new round of LEGAL BILLS FOR ALL THIS Federal court ATTORNEY TIME...probably $500 an hour minimum if not more.....



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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