InvestorsHub Logo

Dragon Lady

02/26/21 1:16 PM

#105289 RE: Carl Spackler #105287

LMFAO,

The company has struggled financially for some time now. There have certainly been some opportunities, but how much dilution has there been? How many more shares are out there? Are we still a penny stock? Still way under 1B shares? Doesn’t match up with the dilution claims.



Uh - the facts and bad reality are quite the contrary ? As in polar opposite to everything stated above kind of contrary ??????

USRM aka BHRT (formerly Bioheart) has "struggled" to put it mildly - SINCE INCEPTION !! Those are just simple facts.

Their IPO in 2008 was one of the biggest busts and failures in NASDAQ IPO pathetic history !

https://venturebeat.com/2008/02/19/three-yards-and-a-cloud-of-dust-bioheart-makes-it-across-the-ipo-goal-line-but-with-little-to-show-for-its-struggles/

From there - the "company" was a PROLIFIC SHARE DILUTION MACHINE and also a PROLIFIC SHAREHOLDER "value" DESTRUCTION MACHINE losing a literal 99.9% of shareholder "value" and has never ceased being a SHARE PRINTING MACHINE and used gutter grade toxic debt (death spiral financing) like water over a dam - with NOTHING ever to show for it !!

Magna fame, aka Josh Sason was CEO Tomas' "go to guy" for gutter grade hedge lending along with Curt and Seth Kramer of "Kramer Brothers" (aka Vis Vires, KBM, etc) infamy in gutter financing and 4th man and a list as long as the "who's who" of bottom dragger OTC crap grade finance convertible note lenders-

https://www.sec.gov/litigation/complaints/2019/comp-pr2019-13.pdf

https://www.sec.gov/Archives/edgar/data/1037131/000149315216012812/ex10-3.htm

By 2015 (CEO Tomas took over in 2009/2010 as CEO and went on to LOSE 99% of shareholder "value" on his watch) - he after diluting this thing down to the TRIPLE ZEROS then performed the MOTHER OF ALL REVERSE SPLITS of a massive 1 for 1000 wiping out all existing shareholders LMAO !

I mean - call a spade a spade, this "company" from FAKE PhD's to getting their ass sued off by the FDA/DOJ has been less than spectacular and yet insiders and primarily the CEO and Comella made-out "richly" to put it mildly.

AFTER the MASSIVE 1 for 1000 REVERSE SPLIT of late 2015 - there was only approx a lousy 1 MILLION SHARES LEFT OUTSTANDING !!! Yes, ONE MILLION was the O/S count.

It's 5 years approx since that reverse split and the share count is now approx 500X that - as in FIVE HUNDRED TIMES MORE SHARES OUTSTANDING aka PURE DILUTION NEVER ENDING - as it was prior to the reverse split.

Sorry, but thems the facts and nothing is going to change that ugly and bad reality - USRM has NEVER, EVER, EVER made so much as a wooden nickel of profit or a positive ROI or had positive SHAREHOLDER EQUITY EVER since it "went public".

https://www.sec.gov/Archives/edgar/data/1388319/000118518515002294/bioheart-pre14c082615.htm

https://www.accesswire.com/431583/Bioheart-to-Change-Name-to-US-Stem-Cell-Inc-SEC-Approval-for-Reverse-Stock-Split-Filed

SPLIT CORRECTED the "True price" of a USRM SHARE TODAY =

.03 approx / 1000 = .00003 per share and 400X to almost 500X diluted shares added to the O/S share count since late 2015 = RAW UN-ENDING DILUTION !!


MONEY PIT = being too kind. It's an interesting play due to the FDA lawsuit - but as a "business" = a train wreck of epic proportions and w/o the ability to ENDLESSLY DILUTE = they'd of been BK many, many, many times over a loooooooong time ago.

They are currently being sued for SEVERAL LARGE UNPAID DEBTS and have "other" large and very old debts IN DEFAULT as we speak - thems also the bad reality.

I don't think sugar coating a turd is of any value.

Again, USRM is an interesting play ONLY based on the FDA suit IMO. After that, they literally have "not much" going for them in terms of a "viable business" - they operate now from a rent-a-desk and have NO medical research labs or facilities, ZERO R&D, essentially no employees, no real "business operations" being conducted on a daily business, do NOT own or operate any stem cell clinics - they all went belly up or USRM cut their ties with the last Comella family clinic it appears, etc.


There's no "there, there" really left at USRM - it's a barely alive shell of a STOP SIGN OTC "SEC DELINQUENT" non filer now - and not much else?

What EXACTLY do they "do" as a business RIGHT NOW TODAY - that anyone can actually point to or walk in and "pay for services rendered" etc???