US Stem Cell Inc (USRM)

[Dragon Lady]

USRM_a_CON: MIGUEL_PUMPED_OUT_10-K. CASH_BROKE + MASSIVE_DEBTS + LAWSUITS_LMAO !

https://ih.advfn.com/stock-market/USOTC/us-stem-cell-pk-USRM/stock-news/87719502/annual-report-10-k

SAD = that POS filing - what a damn joke and con-job this became about 10 yrs ago :)

That is the "summary" of the POS filing LMAO !!

This scam is down to $39K TOTAL CASH LEFT

They owed just accounts payable (bills due NOW) of $1.4 Ma MILLION

Current debts - aka bills due in 12 months or less a STAGGERING $12 MILLION for a cash busted broke ONE MAN SHOW at a $100 buck a month rent-a-desk LMAO !!

AND "sales" - they fell off the cliff in 2021 after they already fell into a worm hole in 2020 LOL !!

TOTAL banked sales (after cost of sales) was a lousy approx $12K pittance per month.

Their expenses run over $2 MILLION PER YEAR for Miguel at a rent-a-desk and almost $zero sales WTF ?????

$2,000,000 / 12 = $166K PER MONTH EXPENSES for this con job

They "sell" who the hell knows what -

TOTAL of $12K per month of crap sales banked

THAT = BK

The $980K Sunrise Bank FL loan that the old man Murphy has been "guaranteeing" for a decade or whatever- it's been converted to a ON DEMAND NOTE aka the bank can "CALL IT DUE" anytime, any reason, no warning need be given.

Brenda is crushing um in court - just filed a new round of motions and they're a tank plowing this scam under once and for all.

They're IN DEFAULT on other key debts owed - and diluting endlessly !

It's a Miguel rent-a-desk shit show to put it mildly LMAO !!

The most egregious part - is Miguel STILL fills their POS filing with bullshit about "Myocell" and "Our adipose kits" and "Our vet division" blah blah blah - as if ANY of that bullshit is real.

WHAT F-ING "MYOCELL" - DEAD for 10 years now ? SCAM ALERT - yeah, they have $ZERO on their R&D line for 5 plus yrs but Miguel puts the BIG CON in these scam filings about, "YOU KNOW, OUR PRODUCT CANDIDATES FOR STEM CELL RESEARCH AND FDA APPROVAL IN LIKE YR 2075" blah blah - what a clown LOL !!

THEY HAVE NO IP, NO PRODUCTS ANYONE WANTS, ALMOST NO SALES, NO CASH - and a shit load of LAWSUITS = that is their "business" summary :)