Replies to post #7679 on BioStem Technologies Inc. (BSEM)

[clueless-but-learnin]

Response from Tyler Cornell-Investor Relations

From: Tyler Cornell <[e-mail]>
Date: April 22, 2010 12:29:43 PM EDT
To: cecilia ****** <******@yahoo.com>
Subject: Re: CGAQ Question
Reply-To: Tyler Cornell <[e-mail]>

Hi Cecilia,

Thank you for your inquiry.  I expect financials to be out on or about the 30th.  It is tax season though, so if there is any delay please do not be concerned.  The Regulation A is actually a "higher" standard of reporting. 

When you say dilution of stock, the main concern about it from my understanding, is that people are speculating that members of management are selling off for their personal benefit.  This is not true.  There was convertible debt in place from the previous company, that has been exchanged.  When I say previous company, the "public vehicle" CGAQ has been in place since 1939.  The convertible debt is simply a cost of doing business when taking over the "public vehicle" and is less expensive than starting a new "vehicle".  However, we do accommodate accredited long term investor's requests to purchase restricted shares off the market.  This is the most economical way to raise additional capital for expansion, while building a better stockholder base.

As far as the TA being Gagged, I've never heard the term until recently and is curiously interesting.  First, TA can't release non-public information.  Second, a TA does not represent the company, as I have been hired to do.  Further, there is a cost associated with the TA forwarding the messages to us, hence we find no reason to pay such a cost when my contact information is available to all.

Once again, thank you for your inquiry.  If I can be of further assistance, please do not hesitate to contact me. 

Sincerely,

Tyler Cornell
CGAQ
Investor Relations