Replies to post #92959 on US Stem Cell Inc (USRM)

[sidedraft]

Where did the $100 million figure come from?

When a company invests over $100,000,000.00 in R&D, they're going to have enormous right-offs on their income statement.

Think about it.


The Company incurred research and development expenses of $6,644 and $919 for the year ended December 31, 2017 and 2016, respectively.

https://www.sec.gov/Archives/edgar/data/1388319/000118518518000705/usstemcell10k123117.htm#Item15

[Dragon Lady]

Quote LOL NO, "When a company invests over $100,000,000.00 in R&D, they're going to have enormous right-offs on their income statement.

Think about it.
"

Uh....NO. NOT HOW IT WORKS.

This company has NO PROFITS and therefor it has no "NET INCOME" (earnings)...it has LOSSES FOR AS FAR BACK AS ONE WANTS TO LOOK...since their IPO in 2008.....

They can't "write-off" a DAMN THING against those accumulated paid-in capital losses until they produce so much as ONE CENT OF PROFITS, aka "NET INCOME" aka "EARNINGS" which they have none...not even close.....

LOSSES....LOSSES....BIG LOSSES.....$ZERO "NET INCOME" which =

REVENUES - COST OF SALES - SG&A EXPENSES - "OTHER" EXPENSES = "NET INCOME"

Of which again, USRM HAS NONE. They LOST ALMOST $4 MILLION LARGE in 2017 per the JUST RELEASED SEC 10-K...SIMPLE AS THAT....FACTS....

Further...USRM spends almost NOTHING ON R&D...it's laughable..a joke...a sham....they spent the approx $100 mil in R&D when they were a semi-legit actual "FDA clinical trials HEART company" clear back in 2008 AND PRIOR TO THAT...before they even had their damn IPO....

Since then...they're nearly CASH BROKE at all times and Tomas hacked R&D to laughable levels as the company has ALMOST NO CASH and can't fund legit R&D....less than a lousy $grand a month if even that...a farce for a supposed "MEDICAL RESEARCH AND DEVELOPMENT COMPANY"....they spend less on R&D than Murphy and Tomas probably spend on gardeners and pool cleaning dudes at their big homes in Florida...LOL...and that ain't joking....the R&D number is a sham.....and has been for YEARS....

The MAJORITY OF ALL monies (top line revenues - cost of sales) flow mainly to Tomas and Comella as enormous BASE SALARIES and LARGE CASH BONUSES (Tomas alone sucked-out over $1 MILLION from this POS last year, a good chunk of ALL COMPANY CASH-ON-HAND as did Comella, aka "THE TWO")...and then rest goes to SG&A for large legal bills and "other" expenses often paid to RELATED PARTIES (insiders) etc...for what....

For producing 99% LOSSES to the common shares...and ZERO ROI to their shareholders and ZERO PROFITS and now a FDA FORMAL INVESTIGATION and now a SEC FORMAL INVESTIGATION....LOL...they'll probably vote themselves larger CASH BONUSES to vacuum out what's left of this shell before the FEDS SHUT UM DOWN FOR GOOD if you ask me........