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Replies to post #18162 on US Stem Cell Inc (USRM)
Poor Man -
12/07/16 11:19 PM
#18170 RE: Dragon Lady #18162
New SEC 13G filed...MASSIVE MORE DILUTION Daniel James (one of USRM's key, long time "toxic", floorless, convertible debt lenders) they, Daniel just filed ANOTHER SEC 13G showing they just "converted" right to the max dilution limit of 9.99% of the outstanding shares, to get a cool 6,867,925 shares issued to them (STEEPLY discounted of course). (anyone wonder now what these last few, recent odd-ball pre-market 2.5 MILLION share and similar very large trades of the last few days are about, LOL???) SO, what does that mean the outstanding share count it DILUTED TO NOW? IF 6,867,925 = 9.99% of the total outstanding shares, then by simple math: 6,867,925 / .0999 = 69,372,979 now outstanding MASSIVE MORE ON-GOING DILUTION...as there were only 59,573,684 shares outstanding as of the most recent issued SEC 10-Q filing. DILUTION POURING OUT LIKE WATER OVER A DAMN....freaking AMAZING to me.