US Stem Cell Inc (USRM)

[Dragon Lady]

USRM-a-CON: 10-Q FILED BK BUSTED BROKE !!

$USRM IS A DEFUNCT STOCK SCAAAAAAM SELLING WORTHLESS SHARES EVERY DAY. MIGUEL ET AL WAS ABLE TO GET PEOPLE TO BUY $5k BUCKS Today!

I was thinking that this Stock SCAAAAAAM would file BK11 a year ago. The scaaaaaaaaam had less than $20k as of last filing? How is Brenda not have resolution? She already had a prior court order judgement that this stock SCAAAAAAM never made good on.

https://www.sec.gov/ix?doc=/Archives/edgar/data/1388319/000118518522001257/usstem20220930_10q.htm

Well- Miguel filed the SEC Q-3 DILUTION and LOSS and WE DO NOTHING REPORT for this dog crap scam - and they are BUSTED BROKE to put it mildly and BK by ALL generally accepted accounting principals LMAO WTF !!

$30K TOTAL CASH LEFT in their pathetic bank account
(lawsuit proof 101 to all who are suing their asses off !!)

JUST accounts payable alone (bills due NOW or under 60 days !!) : $1,568,971

TOTAL CURRENT (DUE IN LESS THAN 1 YR) LIABILITIES OWED : $13,627,574

THAT is thee definition of BUSTED BK BROKE - and w/o ENDLESS DILUTION this smoke n mirrors con machine would be GONE GONE GONE YEARS AGO !!

SALES are a COMEDIC JOKE of about $4K TOTAL PER FREAKING MONTH LMAO WTF AGAIN as WHILE RENT-a-DESK MIGUEL SPENDS over $100K per MONTH in bullshit "expenses" Bwaaa ha ha ha !!!!!

PAGE 8 DILUTION and SPENDING and MASSIVE LOSSES REPORT:

"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 September 30, 2022, the Company had cash on hand of $30,158 and a working capital deficit (current liabilities in excess of current assets) of $13,455,683. During the nine months ended September 30, 2022, the net loss was $2,291,327 and net cash used in operating activities was $261,787. 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 September 30, 2022 and requires additional financing to fund future operations.
"

What a freaking damn STINKY PINKY 1/2 DIRTY PENNY scam show - WTF X 10 again !