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I am not saying that you are wrong about xmdc debt. However, it would stand to reason that Lee should have looked over all this before he signed the agreement. This was a major business transaction and Lee had a lawyer helping him with everything. Lee also had a debt of 250,000 that Paul did not know about.
Thats your opinion. Sam knew xmdc was a shell. He signed the bio harp away. Tough luck for him. He could have made a lot of money with Paul. We have all made mistakes in the past. One time I purchased a car that I was not happy with. Tough cookie. When you sign the papers, its done. Sam had all the time in the world to see what Pauls office furniture was worth before he signed the contract to sell the bio harp to Paul. If Paul did not tell Sam the value of his office furniture then Sam should not have signed the Bio Harp away. Its done and thats it.
I am with you. I am holding to next year. I dont care if someone wants to sell sub penny. They will lower lower the bid if someone is stupid enough to ask that for it. The numbers will say it all and our time is coming. I call tdgi my "penny growth stock."
I knew the pps was going to drop because I added more shares a few days ago. It always happens that way.
On a serious note. The pr today looked good. So why would the pps go down??? I know everyone is waiting on the bde but looks like EP is focused on doing his job to promote the releases. The bde will happen when you least expect it.
They would have had plenty of income for salaries if Sam had taken care of his part of the legal contract he signed. Was Sam worried about the money to stock the vending machine in the office also. Thats just silly and has nothing to do with the signed asset purchase agreement. Paul has been the ceo of companies for years and he knows how to do it. Someone should repost the dd on some of Paul Lisenbys previous companies that he did well with. I think one was a software company that experienced good growth when he was the ceo. Anyone know the average salary of a ceo on a publicly traded company???? Its probably a lot more than the Koreans can understand. They work for rice.
I will be adding more shares to the vault soon.
I know its been a mess with the pps and all this crap with Lee. But the bright side is that Paul may actually come out much better. Other than the delay, XMDC may have a better share structure when the judge gets finished with Lee. The pps will reflect this fast when Paul starts production and sales. He will not be wasting any time.
Lee can kiss it goodbye. He will need to start inventing something else because he just lost twenty years of his work. This is a slam dunk case for xmdc.
There are 2 principles that apply to this situation.
1. Get in in writting. (Paul has the signed asset purchase agreement)
2. Talk is cheap. (Lees defense is all talk)
XMDC will have the documentation to destroy Lee. Paul is a business man and he knows how to cover his rear end. Just wait a few days to hear his response to Lee's BS. Its going to be funny.
Sam is just as scientist and must not know much about legal contracts. He is getting ready to get a lesson soon.
Paul has been a business man for many years. If sam thought for a second that he could pull a fast one, then he was literally swimming with the sharks. Dont get me wrong, Sam was paid well considering those shares would have been 10 times the face value today with all they had in the pipeline. I cant sit here and say for sure Paul will win but Sam has tainted his reputation to the point that no one else will want to do business with him. He has got to be an idiot. I am very confident that this will easy for Paul. My money is on the businessman. Now if it were a science test, then my money would be on Lee. But we dont need Lee to make the Bio Harp. There is already a company that can do it and all they will do is say "yes sir" to the legal owner of the patent. We paid for it in full with a written contract. Thats all it takes.
If sam had a solid defense, we would have never made it to this point.
All else will be heresay. Sam knew he was expected to transfer the patents, assets, diagrams and everything else. The guy had over 500,000,000 shares of a hot stock that was only going higher. Why would he even care about a financial statement on xmdc from 2 years ago? Thats just crap. I am sure Paul gave them what they asked for and on time. Who do we as investors want to believe. A business man who has been making deals for many years without complications or a scientist from another counrty that owes 250,000 to the company that is holding the keys to 20 years of his lifes work?
Seems like there was some DD done last year that showed the Bio Harp did not have any false postives in detecting cancer but it only detected the cancer in certain percentage of subjects. If my memory is correct.
As far as the courts are concerned the signed asset purchase agreement is the truth. We should be fine.
Sams is just a scientist. He is one smart dude when it comes to cellular inflamation. But I bet when he walks home from the lab because he defaulted on his car loan. He decided 4 months after he signed the contract for the loan that he could just call it void. What a dude????? At least he gets his exercise walking.
On a serious note. Lee is an idiot. Paul has had a good career and he would not mess up like this. That KFDA pr timeline. Last time I checked KFDA was in Korea. Probably Lee's timeline. And the website that everyone was so upset about. The court docs show that they sent Paul a working video. Paul was true to his word on trying to get a new website up with working video. I understand it did not happen but he was working on it. I think more pieces will come together soon and investors will learn that Paul was trying his best. Thats a hell of a lot more than Sam was doing. Time for Lee to meet our legal system.
Sam signed the agreement to transfer the patents to Paul (xmdc) and Sam took payment. IMO Paul is the legal owner of the patents. He just does not have them because Lee tried to pull a fast one. the judge is going to look at the written agreement and Lee neglected to do the basics. He can argue about micky mouse crap all day. Its whats in writting that counts. Most of the time when you pay for something, the seller delivers the merchandise to the person that pays. Lee does not understand business very well. LOL
Seems like all that cancer talk was based on DD that was done by Rain and others. Some dcotors say that cancer does have inflammation. But thats not what the Bio Harp was about.
Lee sending a non working device and only part of the assets was a big mistake. But notice that Genohco sent Paul some working devices. Paul had aleady talked to them about making the device. Remember his trip to Korea last year? Paul had things ready to roll but he could not do it without the patents. I think Sam is the bad guy here.
I think that Paul has a good shot at this. Sam Lee had possession of the shares and did NOT transfer the patents as per the agreement he signed. How could Paul start manufacturing the units knowing that he did not have the patents? That would have put xmdc in harms way. Looks like everything was on hold waiting on Lee to transfer the assets. Then he transfers part of them?? That will turn out to be Lee's biggest mistake. The judge will take note of that crap.
It always drops some when I add shares. Its like the golden rule for my trading strategy. Buy and watch it drop. But patience always makes me money. We will see the true value of tdgi when things come together. I do not think we will be waiting long.
Yes that was me. I think Eric will get it done.
When the buyers move in, this stock will do well. We just need the BDE and its game on.
I am on the ask and can't get a fill. I like it when that happens. We should move up from this point.
Thats correct. They will build the device for the person that holds the patents. IMO. XMDC legally owns the patents per the asset purchase agreemenet. Its time for them to move past Lee and start selling the Bio Harps to doctors, clinics, and hospitals following FDA approval. We will never look back.
I am thinking the same thing. The judge gives XMDC the patents and we are right back where we were last December. Only short two Korean employees. Sounds good to me. I am sure Paul can make the device without Lee or we would not even be in court. We should be fine.
When you get a quote on nwtt on scottrade it is pulling up goig. I have never seen scottrade act like this. Any explanations?????
Its going to goig???? On scottrade. What???
If thats the float then the past few weeks volume would suggest that something BIG is coming. Price always follows volume if she has something solid. The low float could help skyrocket the pps when the news hits.
I hear we are set for a big run when the news pops. Whats the float on this stock?
Trust me on something. When Paul gets the Bio Harp, the float will be locked down because there will not be many shares for sell. The longs know what a good price for XMDC should be and we are not selling for pennies. In fact, we could run much higher than the FLD's. The Bio Harp is a unique diagnostic tool that will be in demand world wide.
The judge will be talking to Sam's lawyers soon. Then we will find out just how stupid Sam really is. I imagine that he will settle if the judge tells him that the Bio Harp legally belongs to XMDC. IMO Sam Lee does not have any other option.
I am happy to see the pps back up to .01c. But thats a cheap price for xmdc. Our time is coming. This mess with Sam should end well for Paul and the shareholders.
As a shareholder, I want to see xmdc take the bio harp to every doctors office and make a ton of money. But I do feel for Lee. He is really messing up here and he is going to have to learn a hard lesson.
Actually its the judges that win. They have lot of friends and there is money to be made on xmdc stock. We have all seen the good ole boy legal system at work. Especially on such an easy case. Its a slam dunk for Paul and we should be back on track with the bio harp. Everyone makes money. Except for Lee. He can go invent something else.
I am of the opinion that Sam Lee is a talented scientist but he is a stupid business man. The man had over 500,000,000 shares of a stock that was headed to dollar land when FDA approval was reached. There is a lot of money on the line with the Bio Harp. Sam should settle this dispute or he is going to be hating life soon.
The 22nd deadline may not be a game changer but it will give us a good idea who will win. So far, it looks like Sam does not have a defense. How do you get out of a written contract that your lawyers created. You dont. Paul and xmdc own the Bio Harp as per the written agreement. XMDC should be fine. Get your shares while they are cheap.
I have never heard that. I had wondered if he would use it on himself to see if he had any medical problems. I will get scanned as soon as possible. The Bio Harp can save your life. This device has the potential to change modern diagnostic medicine as we know it today. And the cool part is the shares of the company are on sale for less than .01c for a very short time. Go xmdc. Long and strong on my favorite stock.
Yes the Bio Harp works. Its just a matter of xmdc getting what it paid for. When this happens, we will see a major run. Its safe to say that Paul will not be wasting any time when the assets are in his hands. I imagine the world will see it shortly after the court drama is over. When that happens, all bets are off on the pps. Let the flippers, bashers, pumpers and everyone in between play xmdc. The longs will take this one to the bank.
We would already be in the dollars pps if Lee had not lost his mind. Fda approval on a device like this would make the large shareholders a fortune. And thats just one of the things on Pauls list. Lee is an idiot. Over 500,000,000 shares and he messes things up. What was this guy thinking? Paul will leave Lee in the dust and the rice eating mad scientist will have nothing.