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Prospector Profile 07.1238
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Bio-Matrix Scientific Group, Inc. |
NAICS |
339100 |
8885 Rehco Road
San Diego, CA 92122 |
Description |
Medical Equipment Mfg. |
(619) 398-3517 |
Employees |
8 |
http://www.bmsnonline.com/ |
Revenue |
(mil) |
0.0000 |
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Income |
(mil) |
-31.3820 |
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Assets |
(mil) |
0.4120 |
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Liability |
(mil) |
1.4530 |
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(for the year ended 2006-09-30) |
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Category:
Loss/Deficit
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Event:
Chang G. Park expressed substantial doubt on Bio-Matrix Scientific Group, Inc.' s ability to continue as a going concern after auditing the Company's financial statements. The auditor points out that the Company generated net losses of $31,417,446 during the period from October 6, 1998 through September 30 2006.
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Intellectual Property:
The Company has filed six provisional patent applications, one utility patent application and one international patent application. The patents protect the Company’s technology including Cannula, Tissue Transfer Cannula and Connectors, Syringe Clip, Syringe Clip, Tissue Transfer Cannula and Connectors, Cannula Handle and Storage System, Tissue Transfer Cannula and Connectors, and Tissue Transfer Cannula and Connectors. [SEC Filing 10-KSB 01-10-07]
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Description:
The Company engages in designing, developing, and marketing medical devices, specifically disposable instruments used in stem cell extraction and tissue transfer procedures.
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Officers:
David R. Koos (Chair, Pres., Sec., CEO, Acting CFO); Brian Pockett (VP, COO & Dir.)
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Auditor:
Chang G. Park
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Securities:
Common Stock-Symbol BMSN.OB; OTC BB;
23,174,396 common shares outstanding as of August 8, 2007.
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