US Stem Cell Inc (USRM)

[Dragon Lady]

Uh, as of their last 10-Q, the cash line on the BALANCE SHEET listed cash and cash equivalents of SIX THOUSAND DOLLARS. I keep more than that in my personal checking account my friend and more in the savings account- that's just to run a household, have a rainy day money that's easy to access, home repairs, car repairs, etc.

$6K cash for a public traded company with salaries, rent, insurance, overhead, etc? That my friend is BROKE. Their auditor's in the "going concern" warning agreed. So unless you have some evidence otherwise- please help us out here? Further, you'll note via reading the 10-Q that nearly all their money goes to SG&A- that's code for salaries, overhead, interest on debt, etc. Very little is going to so called R&D, which is code for "trials" and anything else they'd be pursuing. In other words- they're paying themselves and keeping the doors open, but not a lot of money is going to the supposed entire purpose of FDA "trials"- which should raise a flag in my opinion. Maybe that's why as of last update- the Mirror trial had basically gone nowhere. And Marvel has been dead/idle since 2009 or so??