Biostem U.S., Corporation Announces $5,000,000 Financing Agreement Through Private Placement of Stock
Posted: May 25, 2012 at 10:11 am
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.
See the article here:
Biostem U.S., Corporation Announces $5,000,000 Financing Agreement Through Private Placement of Stock
- RegenMedToday_084_June2010.mp3 [Last Updated On: June 29th, 2010] [Originally Added On: June 29th, 2010]
- ยป RegenMedToday_085_July2010.mp3 Immortality Medicine [Last Updated On: July 16th, 2010] [Originally Added On: July 16th, 2010]
- RegenerativeMedicineToday_86_August 2010.mp3 - Regenerative ... [Last Updated On: August 30th, 2010] [Originally Added On: August 30th, 2010]
- RegenMedToday_087_Sept2010.mp3 - Regenerative Medicine Today [Last Updated On: September 17th, 2010] [Originally Added On: September 17th, 2010]
- RegenMedToday_088_Sept2010.mp3 - Regenerative Medicine Today [Last Updated On: September 29th, 2010] [Originally Added On: September 29th, 2010]
- RegenMedToday_088_Sept2010.mp3 [Last Updated On: September 29th, 2010] [Originally Added On: September 29th, 2010]
- Regenerative Medicine: Pathways to Cure - Version 2.0 [Last Updated On: May 5th, 2011] [Originally Added On: May 5th, 2011]
- Wake Forest University - Regenerative Medicine [Last Updated On: May 6th, 2011] [Originally Added On: May 6th, 2011]
- Regenerative Medicine: Steering Mother Nature [Last Updated On: May 20th, 2011] [Originally Added On: May 20th, 2011]
- McEwen Centre for Regenerative Medicine [Last Updated On: May 21st, 2011] [Originally Added On: May 21st, 2011]
- Organogenesis' Geoff MacKay on Regenerative Medicine [Last Updated On: May 23rd, 2011] [Originally Added On: May 23rd, 2011]
- BioTime Inc. - The Leader in Regenerative Medicine, part 2, 2009 Shareholder meeting [Last Updated On: May 24th, 2011] [Originally Added On: May 24th, 2011]
- McEwen Centre for Regenerative Medicine - Going for Gold in Diabetes Research [Last Updated On: May 24th, 2011] [Originally Added On: May 24th, 2011]
- TEDxPhoenix - Jane Maienschein - Stem Cells, Regenerative Medicine and Us [Last Updated On: May 30th, 2011] [Originally Added On: May 30th, 2011]
- BioTime Inc. - The Leader in Regenerative Medicine, 1 of 4, 2009 Shareholder meeting [Last Updated On: June 1st, 2011] [Originally Added On: June 1st, 2011]
- Cures through Collaboration: Funding a Team Approach to Disease Research [Last Updated On: June 3rd, 2011] [Originally Added On: June 3rd, 2011]
- David Kekich - Regenerative Medicine (Part 6/6) [Last Updated On: June 3rd, 2011] [Originally Added On: June 3rd, 2011]
- Preserving Stem Cells: Regenerative Medicine [Last Updated On: June 6th, 2011] [Originally Added On: June 6th, 2011]
- An amazing story of stem cells, regenerative medicine and healing power: [Last Updated On: June 6th, 2011] [Originally Added On: June 6th, 2011]
- Mini Medical School: Regenerative Medicine [Last Updated On: June 7th, 2011] [Originally Added On: June 7th, 2011]
- Regenerative Medicine 101 [Last Updated On: June 8th, 2011] [Originally Added On: June 8th, 2011]
- Cells and Gels for Tissue Engineering and Regenerative Medicine [Last Updated On: June 9th, 2011] [Originally Added On: June 9th, 2011]
- Disease in a Dish: Using Stem Cells to Model Huntington's Disease and Spinal Muscular Atrophy [Last Updated On: June 9th, 2011] [Originally Added On: June 9th, 2011]
- Huntington's Disease: Spotlight on Stem Cell Research 2010 - Conclusion [Last Updated On: June 11th, 2011] [Originally Added On: June 11th, 2011]
- Dafna Benayahu - Nano-bio-engineering and Regenerative Medicine [Last Updated On: June 12th, 2011] [Originally Added On: June 12th, 2011]
- Spotlight on Cancer Stem Cell Research [Last Updated On: June 14th, 2011] [Originally Added On: June 14th, 2011]
- Epidermolysis Bullosa: Corrected iPS Stem Cell-Based Therapy [Last Updated On: June 16th, 2011] [Originally Added On: June 16th, 2011]
- Lisa Ray asks you to join Stem Cell City [Last Updated On: June 19th, 2011] [Originally Added On: June 19th, 2011]
- The CBR Center for Regenerative Medicine - Hearing Loss Study [Last Updated On: June 24th, 2011] [Originally Added On: June 24th, 2011]
- David Kekich - Regenerative Medicine (Part 1/6) [Last Updated On: June 26th, 2011] [Originally Added On: June 26th, 2011]
- What is Regenerative Medicine? [Last Updated On: June 26th, 2011] [Originally Added On: June 26th, 2011]
- Importance of Rehabilitation In Regenerative Medicine 1.mp4 [Last Updated On: July 2nd, 2011] [Originally Added On: July 2nd, 2011]
- A New Era in Regenerative Medicine [Last Updated On: July 8th, 2011] [Originally Added On: July 8th, 2011]
- A Dose of Reality on Alternative Stem Cell Treatments: What you don't know can hurt you [Last Updated On: July 11th, 2011] [Originally Added On: July 11th, 2011]
- Importance of Rehabilitation In Regenerative Medicine 2.mp4 [Last Updated On: July 15th, 2011] [Originally Added On: July 15th, 2011]
- 60 Minutes-Regenerative Medicine.wmv [Last Updated On: July 18th, 2011] [Originally Added On: July 18th, 2011]
- The Future of Stem Cells and Regenerative Medicine [Last Updated On: July 20th, 2011] [Originally Added On: July 20th, 2011]
- The 2nd Annual Bangkok Congress on Anti Aging and Regenerative Medicine September 4th, 2010 [Last Updated On: July 20th, 2011] [Originally Added On: July 20th, 2011]
- CIRM Bridges: Training the Next Generation of Stem Cell Scientists [Last Updated On: July 25th, 2011] [Originally Added On: July 25th, 2011]
- You and Your Heath TV Show - Orthopedic Regenerative Medicine Part 1 [Last Updated On: July 27th, 2011] [Originally Added On: July 27th, 2011]
- Regenerative Medicine: Re-Growing Body Parts [Last Updated On: July 29th, 2011] [Originally Added On: July 29th, 2011]
- Oral Surgeon discusses Regenerative Medicine on CBS News, Memphis [Last Updated On: August 1st, 2011] [Originally Added On: August 1st, 2011]
- Opening Remarks, Screening Stem Cells 2009: From Reprogramming to Regenerative Medicine [Last Updated On: August 6th, 2011] [Originally Added On: August 6th, 2011]
- "You and Your Health" TV Show - Orthopedic Regenerative Medicine [Last Updated On: August 7th, 2011] [Originally Added On: August 7th, 2011]
- An amazing story of stem cells and regenerative medicine [Last Updated On: August 12th, 2011] [Originally Added On: August 12th, 2011]
- 1701 Decorative Sombreros - Salad Dressings and Marinades - Cap Guns - Regenerative Medicine.avi.001 [Last Updated On: August 15th, 2011] [Originally Added On: August 15th, 2011]
- Stem Cell Therapy (Regenerative Medicine) in New Jersey [Last Updated On: August 26th, 2011] [Originally Added On: August 26th, 2011]
- Retroviruses, Reproduction, and Regenerative Medicine: The Influence of Federal Funding [Last Updated On: September 14th, 2011] [Originally Added On: September 14th, 2011]
- Exploring the Intersection of Regenerative Medicine and Rehabilitation [Last Updated On: September 20th, 2011] [Originally Added On: September 20th, 2011]
- What is Regenerative Medicine? | Los Angeles | Hollywood | Beverly Hills [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Stem Cells: Fulfilling the Promise - 2011 CIRM Grantee Meeting [Last Updated On: September 24th, 2011] [Originally Added On: September 24th, 2011]
- Closing Remarks, Screening Stem Cells 2009: From Reprogramming to Regenerative Medicine [Last Updated On: September 26th, 2011] [Originally Added On: September 26th, 2011]
- Is Regenerative Medicine Hype or Hope? [Last Updated On: September 30th, 2011] [Originally Added On: September 30th, 2011]
- Regenerative Medicine Science [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- Laural Barchas: The World Stem Cell Summit brings people together to find therapies [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- Michael Jackson 's doctor stands by him [Last Updated On: October 5th, 2011] [Originally Added On: October 5th, 2011]
- Spot 2th International Symposium on Translational Regenerative Medicine [Last Updated On: October 5th, 2011] [Originally Added On: October 5th, 2011]
- Dr Oz Regenerative Medicine [Last Updated On: October 9th, 2011] [Originally Added On: October 9th, 2011]
- Regenerative Medicine and Applications of Stem Cell Research - Video [Last Updated On: October 13th, 2011] [Originally Added On: October 13th, 2011]
- Regenerative Medicine - Video [Last Updated On: October 13th, 2011] [Originally Added On: October 13th, 2011]
- McEwen Centre for Regenerative Medicine - Video [Last Updated On: October 13th, 2011] [Originally Added On: October 13th, 2011]
- Dr Farshchian: Regenerative Medicine shows Potentials - Video [Last Updated On: October 13th, 2011] [Originally Added On: October 13th, 2011]
- UK Focus for Biomedical Engineering: Regenerative Medicine - John Fisher Part 1 - Video [Last Updated On: October 14th, 2011] [Originally Added On: October 14th, 2011]
- Mayo Clinic Regenerative Medicine Consult Service - Video [Last Updated On: October 15th, 2011] [Originally Added On: October 15th, 2011]
- Arthritis, cell therapy and Regenerative Medicine - Video [Last Updated On: October 18th, 2011] [Originally Added On: October 18th, 2011]
- Craig Venter: New Frontiers of Genomic Research - 2011 CIRM Grantee Meeting - Video [Last Updated On: October 20th, 2011] [Originally Added On: October 20th, 2011]
- Regenerative Medicine and Longevity - Video [Last Updated On: October 22nd, 2011] [Originally Added On: October 22nd, 2011]
- Eli and Edythe Broad CIRM Center for Regenerative Medicine and Stem Cell Research at USC - Video [Last Updated On: October 26th, 2011] [Originally Added On: October 26th, 2011]
- Stephen Badylak: "Regenerative Medicine: Possibilities and Potential" - Video [Last Updated On: October 26th, 2011] [Originally Added On: October 26th, 2011]
- Andalusian Molecular Biology and Regenerative Medicine Centre (CABIMER) - Video [Last Updated On: October 27th, 2011] [Originally Added On: October 27th, 2011]
- Purchase Letrozole - Video [Last Updated On: October 28th, 2011] [Originally Added On: October 28th, 2011]
- LOOKOUTMEDIA Pioneering Knee Cartilage Operation at the Spire Hospital - Video [Last Updated On: October 29th, 2011] [Originally Added On: October 29th, 2011]
- Georgia Tech Emory Collaboration for Regenerative Medicine - Video [Last Updated On: November 7th, 2011] [Originally Added On: November 7th, 2011]
- 4th International Symposium on Regenerative Medicine, Tissue and Genetic Engineering - Video [Last Updated On: November 11th, 2011] [Originally Added On: November 11th, 2011]
- Regenerative Medicine: The Power to Heal - Video [Last Updated On: November 17th, 2011] [Originally Added On: November 17th, 2011]
- Coast To Coast AM - 15.11.2011 - 1/4 - Regenerative Medicine/Dulce Base - Video [Last Updated On: November 17th, 2011] [Originally Added On: November 17th, 2011]
- Stem Cell Based Therapies for Blindness: David Hinton - CIRM Science Writer's Seminar - Video [Last Updated On: November 18th, 2011] [Originally Added On: November 18th, 2011]
- Coast To Coast AM - 15.11.2011 - 4/4 - Regenerative Medicine/Dulce Base - Video [Last Updated On: November 18th, 2011] [Originally Added On: November 18th, 2011]
- Regenerative Medicine Done Better, Faster, Smarter - Video [Last Updated On: November 18th, 2011] [Originally Added On: November 18th, 2011]
- Summer School on Regenerative Medicine - Athens, 6-12 Septem - Video [Last Updated On: November 18th, 2011] [Originally Added On: November 18th, 2011]