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Re: stemcell post# 90029

Monday, 11/28/2016 3:56:53 PM

Monday, November 28, 2016 3:56:53 PM

Post# of 92701
The Chong Deal was only an LOI (Letter of Intent ... to do business)So BG was not acting fraudulently by reporting it:

http://bgmedtech.com/news/

With that being said a LOI is signed with DD to be completed by both parties - either one can cancel the deal based on almost any discrepancy one finds. Since we never knew the expiry date on the LOI (could of been 1 week or 1 year) the whole thing is just sitting in purgatory. I`m quite sure it is expired but by not reporting it Angel can keep playing it out by not saying anything at all. Fraudlent ... doubtful, poor business practice ... absolutely. Angel is probably a guy you do not want to invest any time or money with (until he cleans up his act). And I`m not so sure he is capable of that - he seems to be addicted to deception. I have a Mil. shares I bought some time ago ($500) - wrote it off - if Angel sells BG into honest hands we may have a chance, until then we're like a Cheech & Chong movie (Up In Smoke)