CLEARWATER, FL--(Marketwire -05/24/12)- Biostem U.S., Corporation, (HAIR.PK) (HAIR.PK) (Biostem, the Company), a fully reporting public company in the stem cell regenerative medicine sciences sector, announces a $5,000,000 financing agreement through private placement of stock.
CEO, Dwight Brunoehler, announced today that the company has signed an agreement with a funder to issue 20,000,000 shares of the company's common stock in exchange for $5,000,000 in cash or 25 cents ($.25) per share. No other considerations will be granted to the funder in exchange for the cash payment.
In announcing the funding agreement, Mr. Brunoehler commented, "We consider the eagerness of the funder to acquire Biostem shares at a price above the current market to be a tribute to our proven proprietary technology to enhance hair re-growth using human stem cells. Although we anticipated funding the company through the sale of a convertible debenture, the funder insisted on being able to acquire stock at a set price now, rather than risk having to convert at higher prices later. Although Rule 144 sale restrictions usually cause private placements of stock to be executed at a discount to the market, Biostem feels that its current share price is not truly reflective of the value of its proprietary technology; as well as the fact that the technology is already being employed, and the overall size of the hair replacement marketplace. It was for this reason that the company and the funder were able to come to an agreement to price the private placement above the current share price."
About Biostem U.S., Corporation
Biostem U.S., Corporation is a fully reporting Nevada corporation with offices in Clearwater, Florida. Biostem is a technology licensing company with proprietary technology centered on providing hair re-growth using human stem cells. The company also intends to train and license selected physicians to provide Regenerative Cellular Therapy treatments to assist the body's natural approach to healing tendons, ligaments, joints and muscle injuries by using the patient's own stem cells. Biostem U.S. is seeking to expand its operations worldwide through licensing of its proprietary technology and acquisition of existing stem cell related facilities. The company's goal is to operate in the international biotech market, focusing on the rapidly growing regenerative medicine field, using ethically sourced adult stem cells to improve the quality and longevity of life for all mankind.
More information on Biostem U.S., Corporation can be obtained through http://www.biostemus.com, or by calling Fox Communications Group 310-974-6821.
Follow this link:
Biostem U.S., Corporation Announces $5,000,000 Financing Agreement Through Private Placement of Stock
- Vet-Stem Medistem Cellmedicine Rheumatoid Arthritis Stem Cell Video.mp4 [Last Updated On: March 23rd, 2011] [Originally Added On: March 23rd, 2011]
- Holly Huber on Recovery: Stem Cell Therapy for Multiple Sclerosis Community Outreach Dallas, TX 2011 [Last Updated On: March 26th, 2011] [Originally Added On: March 26th, 2011]
- Macular Degeneration Improved With Stem Cells [Last Updated On: March 31st, 2011] [Originally Added On: March 31st, 2011]
- The Stem Cell Institute [Last Updated On: April 2nd, 2011] [Originally Added On: April 2nd, 2011]
- Cells That Heal Us From Cradle To Grave: A Quantum Leap in Medical Science [Last Updated On: April 7th, 2011] [Originally Added On: April 7th, 2011]
- Stem Cell Treatment Doing Wonders For Autistic Boy [Last Updated On: April 9th, 2011] [Originally Added On: April 9th, 2011]
- Explore Health Don Margolis part1 [Last Updated On: April 15th, 2011] [Originally Added On: April 15th, 2011]
- Explore Health Carlos Lima - One Step at a Time [Last Updated On: May 19th, 2011] [Originally Added On: May 19th, 2011]
- Stem Cell Patient Richard H. MS Treatment [Last Updated On: May 20th, 2011] [Originally Added On: May 20th, 2011]
- Visions Episode 92: Stem Cells Discovery [Last Updated On: May 20th, 2011] [Originally Added On: May 20th, 2011]
- Chemistry Tutorial 12.2c: Voltaic Cells - Practice [Last Updated On: May 20th, 2011] [Originally Added On: May 20th, 2011]
- Gene Doping: Super Athletes in 2008 Beijing Olympics [Last Updated On: May 22nd, 2011] [Originally Added On: May 22nd, 2011]
- Bacteria Cell [Last Updated On: May 22nd, 2011] [Originally Added On: May 22nd, 2011]
- Stem Cell Game 1 - Stem Cell Wrangler [Last Updated On: May 24th, 2011] [Originally Added On: May 24th, 2011]
- RSCI Don Margolis on Repair Stem Cells [Last Updated On: May 30th, 2011] [Originally Added On: May 30th, 2011]
- Mitosis - cell reproduction [Last Updated On: June 1st, 2011] [Originally Added On: June 1st, 2011]
- PROSTATE CANCER and stem cells.wmv [Last Updated On: June 3rd, 2011] [Originally Added On: June 3rd, 2011]
- Ah! So you can raise your power after all! [Last Updated On: June 3rd, 2011] [Originally Added On: June 3rd, 2011]
- BioEDEN European Stem Cell Bank [Last Updated On: June 12th, 2011] [Originally Added On: June 12th, 2011]
- Stem Cells Used to Grow Windpipes [Last Updated On: June 15th, 2011] [Originally Added On: June 15th, 2011]
- Stem Cell Game 3- Grow with the Flow [Last Updated On: June 17th, 2011] [Originally Added On: June 17th, 2011]
- Genetically modified kiwi [Last Updated On: June 20th, 2011] [Originally Added On: June 20th, 2011]
- Nurse Jackie Title Sequence [Last Updated On: June 21st, 2011] [Originally Added On: June 21st, 2011]
- Wrapsol Installation Video - Apple iPad - Original Front + Back [Last Updated On: July 4th, 2011] [Originally Added On: July 4th, 2011]
- Explore Health Don Margolis part2 [Last Updated On: July 4th, 2011] [Originally Added On: July 4th, 2011]
- Explore Health Carlos Lima and Christopher Reeve [Last Updated On: July 10th, 2011] [Originally Added On: July 10th, 2011]
- Oxidative stress: redox imbalance [Last Updated On: July 14th, 2011] [Originally Added On: July 14th, 2011]
- PROSTATE CANCER and stem cells [Last Updated On: July 25th, 2011] [Originally Added On: July 25th, 2011]
- Buy Priligy [Last Updated On: July 28th, 2011] [Originally Added On: July 28th, 2011]
- Stem Cell Therapy for Cerebral Palsy - Holly Catalano [Last Updated On: August 2nd, 2011] [Originally Added On: August 2nd, 2011]
- [Industry professional news channel itsTV] Weekly News Brief_0812 [Last Updated On: August 20th, 2011] [Originally Added On: August 20th, 2011]
- Sims 2 Mafia Story Part 7 - Farewell, Godfather/Stem Cell Medicine [Last Updated On: August 30th, 2011] [Originally Added On: August 30th, 2011]
- Doctors Use Stem Cells to Grow New Windpipes [Last Updated On: August 31st, 2011] [Originally Added On: August 31st, 2011]
- A New Way to Make Induced Pluripotent Stem Cells [Last Updated On: September 5th, 2011] [Originally Added On: September 5th, 2011]
- Stem Cell Research: Huntington's Disease [Last Updated On: September 8th, 2011] [Originally Added On: September 8th, 2011]
- Stem Cell Research: Huntington's Disease [Last Updated On: September 8th, 2011] [Originally Added On: September 8th, 2011]
- Regenerative Medicine and Applications of Stem Cell Research [Last Updated On: September 9th, 2011] [Originally Added On: September 9th, 2011]
- Genetically Modified T Cells Obliterate Chronic Lymphocytic Leukemia Tumors [Last Updated On: September 9th, 2011] [Originally Added On: September 9th, 2011]
- Stem Cell Treatment for Autism: Community Outreach Miami, Florida - May 2011 [Last Updated On: September 10th, 2011] [Originally Added On: September 10th, 2011]
- Susan Lim: Transplant cells, not organs [Last Updated On: September 11th, 2011] [Originally Added On: September 11th, 2011]
- Chiropractic Sports Medicine [Last Updated On: September 11th, 2011] [Originally Added On: September 11th, 2011]
- Living With and Managing Sickle Cell Disease [Last Updated On: September 14th, 2011] [Originally Added On: September 14th, 2011]
- WHO Finding Adds to Debate Over Mobile Phones, Brain Cancer [Last Updated On: September 14th, 2011] [Originally Added On: September 14th, 2011]
- Tionne "T-Boz" Watkins of TLC on Celebrity Medical Nightmares [Last Updated On: September 16th, 2011] [Originally Added On: September 16th, 2011]
- Tionne "T-Boz" Watkins of TLC on Celebrity Medical Nightmares [Last Updated On: September 16th, 2011] [Originally Added On: September 16th, 2011]
- Jello Biafra @ Rebellion 2011 - The Cell and Holiday in Cambodia [Last Updated On: September 16th, 2011] [Originally Added On: September 16th, 2011]
- CIRM Bridges: Training the Next Generation of Stem Cell Scientists [Last Updated On: September 17th, 2011] [Originally Added On: September 17th, 2011]
- David Kekich - Regenerative Medicine (Part 1/6) [Last Updated On: September 17th, 2011] [Originally Added On: September 17th, 2011]
- Coast To Coast AM - 9.6.2011 - 1/4 - US Collapse [Last Updated On: September 18th, 2011] [Originally Added On: September 18th, 2011]
- What Is Personalized Medicine? [Last Updated On: September 21st, 2011] [Originally Added On: September 21st, 2011]
- Stem Cells and a Brief Mention of Bacon [Last Updated On: September 21st, 2011] [Originally Added On: September 21st, 2011]
- Adult Stem Cell Sucess Stories - Laura Dominguez [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Is Regenerative Medicine Hype or Hope? [Last Updated On: September 24th, 2011] [Originally Added On: September 24th, 2011]
- How to Buy Bitcoin - by 'The Bitcoin Show' on OnlyOneTV.com [Last Updated On: September 25th, 2011] [Originally Added On: September 25th, 2011]
- How to Buy Bitcoin - by 'The Bitcoin Show' on OnlyOneTV.com [Last Updated On: September 25th, 2011] [Originally Added On: September 25th, 2011]
- Samsung Galaxy S2 Unboxing [Last Updated On: September 25th, 2011] [Originally Added On: September 25th, 2011]
- Finding Forest Planets (Brainstorm Ep8) [Last Updated On: September 26th, 2011] [Originally Added On: September 26th, 2011]
- iPhone 3GS mobile signal problem - The Computer Room Nottingham [Last Updated On: September 30th, 2011] [Originally Added On: September 30th, 2011]
- Mobile Devices' Location Tracking Raises Privacy Concerns [Last Updated On: October 2nd, 2011] [Originally Added On: October 2nd, 2011]
- Mobile Devices' Location Tracking Raises Privacy Concerns [Last Updated On: October 2nd, 2011] [Originally Added On: October 2nd, 2011]
- 21st Century Stem Cell Scientists: The CIRM Creativity Awards [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- Towing An Iceberg to Africa, wait what? (Brainstorm Ep18) [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- Need a New Liver? Then Just Print Yourself One [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- The potential of amniotic fluid stem cells [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- INCREDIBLE Nucleus Medical Media 2011 Demo [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- Stem Cell Treatments for Autism: Community Outreach Miami, Florida - Juliana Ubinas [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- Bruce Lipton: being a cell of Humanity [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- Sensitiv Imago medical device [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- New Lymphoma Drug SGN-35 - The Nebraska Medical Center [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- Rockefeller University Press Conference 2011 Nobel Prize in Physiology or Medicine to Ralph Steinman [Last Updated On: October 5th, 2011] [Originally Added On: October 5th, 2011]
- Cerebral Palsy and Stem Cell Treatments - Tim's Testimonial [Last Updated On: October 5th, 2011] [Originally Added On: October 5th, 2011]
- Cerebral Palsy and Stem Cell Treatments - Tim's Testimonial [Last Updated On: October 5th, 2011] [Originally Added On: October 5th, 2011]
- Cerebral Palsy [Last Updated On: October 5th, 2011] [Originally Added On: October 5th, 2011]
- Stem Cells-Iran-08-28-2011 [Last Updated On: October 5th, 2011] [Originally Added On: October 5th, 2011]
- After Brain Study, New Questions About Mobile Phones [Last Updated On: October 5th, 2011] [Originally Added On: October 5th, 2011]
- Judy Roberson: Patient advocates drive stem cell scientists [Last Updated On: October 5th, 2011] [Originally Added On: October 5th, 2011]
- Geron's Embryonic Stem Cell Clinical Trial for Spinal Cord Injury [Last Updated On: October 5th, 2011] [Originally Added On: October 5th, 2011]
- Geron's Embryonic Stem Cell Clinical Trial for Spinal Cord Injury [Last Updated On: October 5th, 2011] [Originally Added On: October 5th, 2011]
- Dangers of Continued Use of Cell Phones-Pulse Sep 03, Part 2 [Last Updated On: October 5th, 2011] [Originally Added On: October 5th, 2011]
- 2011 Nobel Prize in Medicine [Last Updated On: October 5th, 2011] [Originally Added On: October 5th, 2011]