Neuralstem Inc. Reports 2007 Third Quarter Financial Results ...(September 30 ...),Health

2007

ASSETS

CURRENT ASSETS

Cash 5,346,177

Prepaid expenses 138,533

Total current assets 5,484,710

Property and equipment, net 86,750

Other assets 43,272

Intangible assets, net 23,709

Total assets $5,638,441

LIABILITIES AND STOCKHOLDERS' EQUITY

(DEFICIT)

CURRENT LIABILITIES

Accounts payable and accrued expenses 857,475

Total current liabilities 857,475

Note payable, long-term portion 22,570

Total liabilities 880,045

STOCKHOLDERS' EQUITY

Preferred stock -

Common stock 300,227

Additional paid-in capital 47,219,997

Accumulated deficit (42,761,828)

Total stockholders' equity 4,758,396

Total liabilities and stockholders' equity 5,638,441

Third Quarter 2007 Highlights:

Neuralstem listed its common stock on The American Stock Exchange(R) (Amex(R)) under the ticker symbol CUR. It had previously been traded over the counter under the symbol NRLS. "Moving to the Amex is the next logical step for Neuralstem. It is a result of the continuous and significant progress the company has made in each and every phase of its activity, and of an increasin
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