I don’t normally post, but would like to address a few points regarding the company.
Yes, I have significant financial stake in the company. I at times have been frustrated by the amount of time it has taken to see the company come to fruition.
As per the update that I received, the company has had limited funding due to the inability to raise money and the funds available have been directed where the company feels they will be most effective.
It is my understanding that the cost of the patent filings and patent legal fees have been kept up to date, so I am optimistic on that front.
I am willing to wait to receive my shares if the funds can be used to further the company, rather than using the funds to pay legal fees that are in arrears. The shares aren’t worth much right now anyway.
It is also my understanding that there are many banks genuinely interested in the technology, but these banks would be more comfortable once the technology is protected by patents.
With regards ton the BCSC Cease Trade Order. After reviewing the order and speaking with a corporate lawyer friend it appears that what the BCSC requires is a duplication of the filings that have already been filed with the SEC. His explanation was quite simple, BC requires a US public company to duplicate its filings with the BCSC if that company has a BC presence. His opinion is it is simply a money grab and can be very costly. In my opinion the company could put funds to better use at this juncture.
Will this company become what we all believe it can? I am still a believer that the technology/patents have the potential to be enormous.
To badchoice2:
Please stop this charade, my understanding is you invested $1,250.
Why is it the people who invest the least, roar the loudest, probably because they have the least to lose. Yes the company has gone through some trepidation, but I still believe.
