March 10, 2008
Prospector
Profile
3-7-001
 
Bio-Matrix Scientific Group, Inc. NAICS 339110
8885 Rehco Road, San Diego, CA 92122 Description Medical Equipment Mfg.
(619) 398-3517 Employees 7
http://www.bmsnonline.com/ Revenue (mil) 0.0000
  Income (mil) -2.4500
  Assets (mil) 0.4400
  Liability (mil) 0.1100
  (for the year ended 2007-09-30)
 
Category: Loss/Deficit
 
Event: Bio-Matrix Scientific Group, Inc., reported a net loss of $405,812 for the three months ended December 31, 2007, slightly lower than the net loss of $466,179 reported for the three months ended December 31, 2006. The Company also used cash for operating activities of $263,574 for the three months ended December 31, 2007, compared to $22,176 used in operations for the three months ended December 31, 2006. The Company's balance at December 31, 2007, showed an accumulated deficit of $5,279,753 and stockholders' deficit of $7,059.
 
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 12-27-07]
 
Description: Bio-Matrix Scientific Group, Inc., engages in designing, developing, and marketing medical devices, specifically disposable instruments used in stem cell extraction and tissue transfer procedures.
 
Officers: David R. Koos (Chair, Pres., CEO & Acting CFO); Brian Pockett (VP, COO & Dir.)
 
Auditor: Chang G. Park CPA
 
Securities: Common Stock Symbol BMSN.OB; OTC BB; 23,395,832 common shares outstanding as of December 24, 2007.
 
 
 
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