BioStem Technologies Inc. (BSEM)

[Chili Palmer]

This statement in today's pr is vague at best and does not explain how much they are paying or putting down.How is the company going to have a mortgage of less than $2,500,000? When the property was valued at $17,000,000 in 2008 has it depreciated that much? Besides where is the company getting all this cash to put down that the mortgage will be so low as stated. Makes no sense.

The Seller has agreed to carry a loan at very favorable rates and without a steep "origination" fee. The seller will require less down than the other lenders, and a longer term, too. The Company will have a mortgage of less than US $2,500,000. The last property appraisal from 2008 valued the property at $17,000,000.