US Stem Cell Inc (USRM)

[Dragon Lady]

My opinion? I'd hardly call Cardio3 BHRT's "closest competitor" or an apples to apples comparison? They're in Europe and listed on the major stock exchange there. They have over $30 million (U.S.) in cash as of about right now. They have a CEO who is a physician and has a long track record at Guidant (think heart stent biz acquired by Abbot and I believe now merged again with Boston Scientific among other things- I haven't followed Guidant in a while, but know them well from back in the day), their VP of R&D is a Ph.D. in molecular biology among other things, etc. Their lead product candidate is linked to research coming out of the Mayo clinic- one of the top heart facilities, top medical facilities on the planet.

They claim in their latest 2013 equivalent of a 10-K to be the world's first and leader: "Initiation of CHART-1, the world’s FIRST Phase III clinical trial in regenerative medicine for the treatment of heart failure"
- THE WORLD'S FIRST, and their phase III is actually moving along with major updates posted all over, via many sources. Mirror? We don't know other than "one enrolled" as of July last yr? Cardio3 also has a couple of pipeline items that are more pharma/drug type products they're working on for heart related issues.

So, hardly a comparison in my opinion. Lots of cash, listed on a major exchange (listed on NYSE Euronext Brussels and NYSE Euronext Paris regulated markets.), a Sr. Mgt team that appears to have strong medical device/process approval background with a major, major pharm/med device player (Guidant), their chairman of the BOD also ran a successful med device company acquired by Guidant, they have a listed stock trading at about $40 Euro (about $55 bucks a share)- not a penny stock, have recently raised more cash- as in $10's of millions more, etc. Not exactly the present BHRT "story" as I know it or in my humble opinion? Not really seeing the comparison here?

http://www.finanzen.net/nachricht/Cardio3-BioSciences-Reports-2013-Financial-Results-and-Business-Update-3374339

http://www.c3bs.com/en

http://www.c3bs.com/en/executive-management-team

http://www.c3bs.com/en/board-directors

http://www.c3bs.com/en/share-price

http://www.c3bs.com/en/products-pipeline

So, do not really get or see these "linkages" of news stories about one company that's totally unrelated to BHRT, located on a different continent, etc? It's a news release about a totally different biz, in TOTALLY different financial health, with a totally different mgt team and biz plan, etc. Not sure what the connection is or is supposed to mean? Don't see a strong connection myself, in my opinion.