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According to line 7 of SL Declaration he is a U.S. citizen, however he states clearly he does not reside in California. Which he is stating as a response to the complaint that he was not properly served. Also, line 8.5 and 8.6(a)of the agreement has very specific language as to where any disputes will be settled and clearly states Delaware. So round 1 will go to SL. However, from as much as I've read so far Paul will win the battle. I would guess this gets resolved either in court or out about the time for the up-listing which will kick this #@!%* stock off finally around the later part of April or beginning of May. jmho. Is it me or does this feel like a season or two of some tv drama show lol.
forrest I agree.
jc8484
NavyCmdr is good at this stuff.
It's weird, sounds like sam's argument is that he wants it dismissed due filing in the wrong court. "Declaration of Sang M. Lee in Support of Motion To Dismiss for Improper Venue;" jmho
I'm feeling confused...
.0059/.006
If you have access to Lexis Nexis you could view this I believe.
Wish we knew what was in that agreement and why sam has taken a position to "dismiss". If Paul has been straight... this should fall to us.
Motion to dismiss
http://en.wikipedia.org/wiki/Motion_%28legal%29
A "motion to dismiss" asks the court to decide that a claim, even if true as stated, is not one for which the law offers a legal remedy. As an example, a claim that the defendant failed to greet the plaintiff while passing the latter on the street, insofar as no legal duty to do so may exist, would be dismissed for failure to state a valid claim: the court must assume the truth of the factual allegations, but may hold that the claim states no cause of action under the applicable substantive law. A claim that has been presented after the statute of limitations has expired is also subject to dismissal. If granted, the claim is dismissed without any evidence being presented by the other side. A motion to dismiss has taken the place of the common law demurrer in most modern civil practice.
I don't no if that's good or bad, but that doesn't sound good.
.0055/.0059 last .0059 up 7.27% :)
.005/.0055
.0049/.005 last .005
Honestly I'd like to see the "2" non-working harps Paul says he has. We haven't even seen those. Please post them on the website or attach a link to youtube... something...
.0048/.005
420,000 buy @.005 now if we could only exponentiate this.
Well said...
.0045/.005 last .005 guess that answers my question:(
Our poor XMDC... It's like watching superman get beat up by the bad guys. Is there any support at .005? .0052 fell pretty easy.
Court could mean a lot of things. Could be the resolution that we are all dying for... it could also be Paul filing charges of fraud especially since he has two dead Bioharps. Lets pray it be the first.
Sadly, my guess is that we get no response at all. April 2nd hits... nothing. April 5th we get an apology to the share holders and an enthusiastic "we're gonna build it ourselves". Hope for me on this stock is burnt, toast, nada. My "hope" is that this turns around for everyone, but this whole thing is really looking foul imo. Not trying to bash... just a sad situation for everyone.
SNDY shorted pretty good yesterday... low volume today could be a nice green finish imo.
Search:
Date Symbol ShortVolume TotalVolume %Short
20100318 SNDY 14,310,875 39,068,732 37%
Might end up a green day today shorted 14 mil shares yesterday there will be some covering.
Date Symbol ShortVolume TotalVolume %Short
20100318 SNDY 14,310,875 39,068,732 37%
Shorts will be helping out tomorrow lol.
-BETA- OTC Short Sale Volume
Latest posts.
2010 03 17 ORF
Date Symbol ShortVolume TotalVolume %Short
20100317 NRTLQ 1,819,707 6,736,466 27%
Showing 1 to 1 of 1 entries (filtered from 393 total entries)
I'm just nervous. Good days - bad days then you go looking for info and it bothers you more.
Lines 4,5, and 6 bothers me in the complaint.
BECAUSE when I go looking in the white pages for anything that resembles U&I California or anything remotely close to this I come up with a mom an pop plaza at 1613 W. Carson st. Torrance CA
http://www.whitepages.com/search/ReverseAddress?street=1613+W.+Carson+St.&where=torrance%2C+CA
http://local.yahoo.com/info-20517394-el-triunfo-torrance?tab=photos#photos
On the list on White Pages I would at least expect a listing... should you have an address or at the very least a phone.
I apologize could be lee's on a tight budget since he doesn't have access to his shares lol.
Holdem if you can another 6.5 shorted on Friday let them take us to back to .02-.03 lol. Our RSI is still below 30.
XMDC still over sold RSI below 30 and 6.5 Million shorted Friday need to cover. Another good day.
XMDC the trend is up up up way over sold/ over reaction to news last Wednesday.
XMDC if sam lee comes back (which legally he's bound to imo) the SP could go back to .04-.05 range in heart beat. All jmo.
I was just thinking he might be trying to get the kick off closer to that point (Nov). That way he could sell some of his shares into the market as mile stones are accomplished KFDA, FDA, china, etc.. Or maybe it might be an ego thing. His invention, but he has to sit on the side lines while everyone else cash's in on his invention. Just running different ideas as to why he might delay.
It would suck to invent something so great as to change the face of the medical community the world over and then to have to sit on the sidelines for a year. lol
Can't sleep... Keep thinking about this. Still feel sam is stalling for time...for when his share become unrestricted? Don't think this will ever go to court and will be resolved in the next week or so. Doesn't add up that sam would get cold feet and stop the process maybe for a better deal from another company, but then go oh here are some model bioharp's and the blue prints? It took 14 years to develop... it took 2 years to complete the deal... sams MO is that he moves s-l-o-w. So thank you Paul for kicking his rear quarters and saying lets get the lead out and MOVE IT!
docgreen951 thanks for sharing.
papaul thanks for sharing.
Funny I used to shoot for just 10% on trades could hit it pretty much most the time kept my risk factor down. Wife won't be giving me any allowance if this don't pan out lol.
I believe something is up.
PR comes out at 8:30 am stock gets shorted 27 million shares or roughly $600,000.
Someone buys 150 million shares .003-.006 roughly $600,000.
????????????????????????????????????????????????????????
We're gonna get a stone killer PR in the next week or two imo.
(I like conspiracy theories lol)
So many things don't add up.
What did happen to KFDA? (I do think it has passed- motive for sam?)
Why did Carl Duncan notify Paul he must up-list when Carl Knew we didn't have complete possesion.(On the same day it was PR'd (Jan 25) Carl sent sam a nasty gram?) Since notified nothing changed are we still required to up-list (seems to me we are)
Who bought a 150 million shares between .003-.006??????????????
This isn't over...
Somethings coming you can feel it.
ouch! I mean ooooohh ask .095 lol
last MSG for me take care all.
Volume so far has been a mix of people coming back, Day traders and shorts covering.... so hard to say. Some people I've seen have us between .012 -.016. Hard to say it's the market... all is jmho.
Interesting are we approaching the 10:30 low on an upward day? Could get interesting.
Not sure how unsound his PR's would be if they had to go through corporate counsel first.
Could do that and some in theory if we hold.
Gonna be a long day for some... holdem if you can:)