EXHIBIT 21
Published on March 31, 2015
Exhibit 21
LIST OF SUBSIDIARIES
| Name of Subsidiary | Jurisdiction of Incorporation/Organization |
| Stem Cell Cayman Ltd. | Cayman Islands |
| Stem Pearls, LLC | New York |
Form: 10-K
Annual report [Section 13 and 15(d), not S-K Item 405]
March 31, 2015