US Stem Cell Inc (USRM)

[Dragon Lady]

USRM_a_Con; 10-Q OUT_AND_THEY_ARE_BK_BUSTED_BROKE_LMAO !!!

$10K CASH left and just accounts payable aka BILLS DUE NOW is $1.5 ma ma MILLION LMFAO !!

Yeah - this is gonna "work out" NOT WTF ?????

https://www.otcmarkets.com/filing/html?id=16032849&guid=sq1-kFooDQIkdth

$10K total CASH LEFT and $13 MILLION in "current liabilities" aka BILLS DUE IN LESS THAN 12 months - DO NOT TRY THIS SCAM AT HOME boy n girls WTF AGAIN ???

They're 100% BK by ALL generally accepted accounting principals - all I can figure is Miguel is waiting for old man Murphy to buy the dirt farm and then he files BK faster than a NY Nano second IMO !!

Murphy is "on the hook" as the bagman "guaranteeing" the POS old, old, old DEBTS OWED by these cons - and until he dies, I bet Miguel can't stiff the old man.

Once he's gone - FILE BK as they are IN DEFAULT ON TOO MANY DEBTS TO COUNT NOW including STIFFING one of the legal settlements they owe to the lady they put IN A COMA after butchering her at the Comella "Fast n furious special" clinic !! $5K PER MONTH THEY OWE her as their portion of that legal settlement - and they ain't paid her a DIME since March = DEFAULTED !!

They are DEFAULTED on their old Hunton & Williams note - they ain't paid jack shit on it in who knows how many months now and DEFAULTED and then got a "reduced rate" and they STIFFED UM again by defaulting and failing to pay even that pittance !

They owe Brenda Leonhardt a cool MINIMUM $1.4 MILLION + a SHIT ton of 18% accumulating interest - 100% IN DEFAULT and IN COURT ON THAT FUBAR mess and scam of EVER even "Trying" to pay her back so much as 10 damn cents, EVER !!

What a shit show- this one is just being dragged out until the BK FILING - I mean WTF else is there ????

They banked a lousy $6 per month or whatever after cost of sales but SPEND like $150K to $200K for FREAKING WHAT - WTF do they "do" as an actual "business" and WHEN is Miguel even at the $99 buck a month rent-a-desk to justify blowing through $100K or $150K PER MONTH in bullshit "expenses" etc WTF !!!

SHAM SHOW - just a total blow-out 10-Q of literally NOTHING LEFT and one foot in the BK COURT and the other on a banana peel - just FILE BK MIGUEL like ripping the baindaid off LMAO !!

QUOTE PAGE 8:

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

The accompanying 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, as of June 30, 2022, the Company had cash on hand of $10,330 and a working capital deficit (current liabilities in excess of current assets) of $13,101,630.
During the six months ended June 30, 2022, the net loss was $1,725,922 and net cash used in operating activities was $197,115.
These conditions raise substantial doubt about the Company’s ability to continue as a going concern for one year from the issuance of the financial statements.

The Company’s primary source of operating funds has been from revenue generated from sales with additional cash proceeds from the sale of common stock and the issuances of promissory notes and other debt. The Company has experienced net losses from operations since inception, but it expects these conditions to improve in the future as it develops its business model. The Company had a stockholders’ deficit at June 30, 2022 and requires additional financing to fund future operations.
"

SHOVEL READY PROJECT - just bury this POS already and read the LAST RIGHTS !! They need a priest already on this one LOL !!