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“Doesn't matter if they have the schematics...What evidence is there that they are actually moving forward or signing a manufacturer as you assert?
6 weeks of no substantive stuff since success in mediation and pauls history of lies , more people are going to doubt him as each week goes by..”
I do not doubt Paul as the weeks goes by and I don’t believe most people are either. If that was the case we would see large volumes every day. I believe the people who are serious longs are holding their shares as they know it’s now the calm before the storm. My mom use to say “Rome wasn’t built in a day” no company is built in six weeks.
We have to treat the Bioharp as an undiscovered artist(music), athlete(boxer), etc. without making the mistakes they normally do. We hear the stories all the time “I made so much money but I’m broke” Why? “I didn’t know my producer (manufacture) was only paying me pennies on the dollar. The bigger the producer (manufacture) the less the artist/athlete (Extend Medical) will receive. That is why PL has to make sure the deal he is making is the best for the shareholders. Imagine Extend Medical signing on with GE and a pr come saying we signed with GE, terms of contract was not disclosed and later we find out that Extend was only making 40% on each Bioharp. I can see it now on this board “PL sold us out to whoever”.
During this time PL need to make sure he gets the best deal for all of us. GE or any one of those large manufactures would be an ideal company to team up with but they come with a hefty premium. What we need is a company that is trying to get their name out there that can deliver the product. A company like this wouldn’t have the bargaining power like the GE’s.
One of the first rule I learned about playing the market was “if you can’t afford to lose it don’t put it in the market”
The snow was falling just north of where I live last week and I'm in no rush to see it.
I have sunshine as well not enough to grow grass though. It could be worst (snow) I could sure use some of your sunshine.
Some of the post I'm reading is almost convincing me that PL is running to become the next president of the US. If a video is so important he should post one of himself walking his dog. In my opinion there are much more important things to workout in getting this phenomenal product in the hands of the medical professionals. If I was in his position a video would be one of the things at the bottom of my list. A video is not necessary to sell the product to manufactures which is believe is one of the most important thing right now. This is not an infermotal that is being broadcast to the moms and pops across the country. Mistakes are made so we can learn from them, last year when he believed he had a smooth transaction he publically broadcasted the forecast of the company, he was later blindsided. Now that he is not willing to make the same mistake again we continue dragging up quotes from last year and questioning his integrity. When will we realize that this is a new era? If I believe someone is lying to me as far as my investment is concerned why would I continue to invest with them and then Bi*** about it. Do you know how hard it is being a COWBAYS fan right now.
I believe we shouldn’t be looking at the website as investors. If PL was looking for investors I’m sure there would be a link to inform investors. I don’t believe he is looking to for sales as yet. I believe he is saying to the big boys (manufactures) out there I’m tired of knocking on your door, if you want a piece of what I got before the other guy; you come knocking on my door. In case you want to cut Xtend Medical out and go directly to SL don’t bother he doesn’t own the Harp anymore. Just contact my Lawyers; by the way we are open for business.
If your shares are long and you are not planning on selling why are you pointing out all these things that don't matter. If they do matter sell your shares I have an order pending, I would like to see it filled today. Even comments on a website that is not even functional. We should be happy that the website is under construction.
I believe he is saying don't sweat the small stuff just hang on for the ride. The share price is about to get expensive. That’s just my interpretation
Many of us are missing the point of growing a business from the ground up. Every decision made my management is questioned before understanding why. I’m sure happy that most on the board is not in the position to make the decisions that PL is. We are expecting to be a global company with great potential and believe this is done over night. I would like to make a few points:
1.A company that is expected to trade on the global market 1.85 billion shares is not so bad.
2.If all the shares issued are in shareholders hands where does the strength of the company lies? We must have restricted shares in the Treasury. PL is a business man. I’m confident he is aware of that.
3.Of the 541, 853, 832 shares used to purchase the BioHarp 80% (433,483,066 shares) of those shares was from the management of the company personal holdings. It’s obvious to me that there weren’t enough shares in the treasury to acquire the asset. It’s almost like management bought the asset and gave it to the shareholders as a gift. I’m sure they had to recover their shares; part of the new issue is for that reason.
4.We will have to partner with a large established manufacture that is not going to do all the work on consignment. They want to be paid in cash or in kind, since we don’t have cash it will have to be in kind.
Many of us don’t have any understanding of what is going on, ranting and raving will only make the wait longer and create panic. On one post someone was asking for Rainmaker, I believe he is silent due the fact that there are too many cry babies_____ on this ______. This is our opportunity to purchase the shares at a discount if we can afford to. There will be an explosion the writing is on the wall.
Read this posted at the Lawyer's ofice
www.kmob.com.
Whenever these time frames a thrown out there some people will read it and believe it was received from reliable sources and start passing the time frame around. Someone who is new to this site may read it and start looking for it to happen, when it doesn’t PL is then discredited and people want his head on a silver platter. I believe this type of time frames does more harm to the pps than good.
Whoever is buying up those shares know something the rest of us don't. PL did give up allot of his personal shares to get the BioHarp. Is there any rules against a CEO buying shares on the open market?
Yes there was 2,692,500 @ .0112, there was also a trade for 800,000 at 3:59 PM
[img]I've been in for about 5 yrs now. Like all roller coaster rides sometimes they become fun. I'm just waiting for the next fun turn so I can throw my hands in the air and scream (happy scream).
Maybe the people who were selling don't have anything else to sell, maybe like you they all want back in but the serious longs are not selling. For the price we are expecting to see in the near future you shouldn't let a few hundred's of a point delay your purchase.
Sorry about that now I have to go wash the egg off my face.
It's not so bad, sometimes no movement is a good sign.
Food for thoughts:
Really Interesting!!!
An interesting fact about October 2010: This Oct. has 5 fridays, 5 Saturdays and 5 Sundays, all in 1 month. It happens once in 823 years. These are money bags Based on Chinese fengshui.
Slow Friday morning usually mean lots of activity to close out the day. Especially sine we are expecting a PR. I believe something will be posted by the end of the day to kick offf next week. I'm looking forward to the ride.
I work with a brokerage, I'm not allowed to have an account with another.
You are right, I had cases where they process my buys over a 3 day period which run my comm from $29.00 to $87.00 thats's why I use all or none
I forgot to specify all or none, so far they given me 20700 of the 60,000. I didn't think I would have any problems getting the whole block.
These controlers just love to tease, I believe the longs will get the last laugh. Even if they don't fill my order I have enough shares to make me comfortable when this thing(XMDC)take off
They didn't fill any of mine.
It's part of the trend, they run it up drag it back down for a while when it seems like nothing is hapening they run it up to a new high. I have a buy waiting @.0116 for the past hour and a half
It just mean there will be a busy afternoon.
What if there was an issue with the Bioharp and it wasn’t ready for market so PL and SL came to an agreement to do some finger pointing and use some delay tactics until the problem is ironed out. For the amount of money that could be generated from this device paying lawyers a few $`s wouldn’t be a big deal. I don’t understand the PR issued last week unless they have worked things out and is ready to move forward. I feel that they have worked things out will publicly kiss and make up by Sept. 30th. The mediation process will get all the credit for working things out. We as shareholders won`t be made any wiser as for what the true reason is or was for the delay.
My buy for 64K @ 15:44 is showing as a sell.
Thanks. I'm just trying to find something to make sense out of this nonsense.
I’m just throwing it out there. Does anyone believe that the Cancer Society may have gotten to SL and made him an offer that he cannot refuse? To keep the Bioharp from materializing If a device is available that can detect Cancer in a very early stage, would mean treatment in a very early stage may further lead to a cure for Cancer and many other diseases as they are caught in their infancy stage. Why would a society as powerful as The Cancer Society want this device in the market place? The Cancer society would loose Billions of dollars in donations annually. Does anyone believe they would want this type of device in the market place? I’m just trying to find answers for whatever is causing SL to put his life long work in jeopardy.
Hey, I'm just an ordinary guy, my word means more to me than $'s although $'s means allot. I would never manipulate anyone’s words for my own gain. I’ve been holding shares in this company for many years now, if it’s in my cards to become comfortable by way of this company, nothing can stand in my way except for SL who is temporarily blocking it. I’m holding on to my shares to the end.
Hey Bubba714,
I have no way of confirming who is on the other end of my email. I just posted the response I got. I deliberately posted the question first just to show the board what I’ve asked. The only thing I’ve deleted (change) from what is assumed to be Paul’s response is my name and email address.
Hi all,
See email to and from Paul
Hey Paul,
It seems like Mr. Lee is not taking the situation seriously. Is it possible to just call off the mediation and request for a trial date? there are lots of shareholders that are just fed up with Mr. Lee's attitude towards settling the Asset Purchase Agreement.
Thanks
G
Hey G: 7:09 PM (5 hours ago)
Well we requested a date for mediation ASAP from the judge today. Hopefully we’ll know by tomorrow or Friday as to that date and then we can tell the presiding Vice Chancellor the truth and he can then get into Sam’s face and tell him to settle with us on OUR terms and just go away..at least that’s our hope. Update soon.
Thanks,
Paul
If you are trying to buy before the news come out, it is my openion to buy before the market closes. Any news will be released after the market closes or before the market open the next business day.
I emailed Paul Monday, see response below:
Hey G:
We’re working hard to get this resolved as fast as we can..now if Mr. Lee will do the same we could get this resolved very quickly. We are, and have always been, very confident that XTend will be successful in this litigation. As soon as I can, I will update all to the progress we’ve made.
Thanks,
Paul [color=green][/color]
I am a frustrated shareholder of XMDC I don’t if it’s a good thing or not .Only time will tell. I read lots of what is posted on this site and I honestly don’t know what people are expecting from PL right now. I get the feeling that some of us would like to have an open forum negotiations. We don’t need all the he said and she said as far as I’m concerned that is not important. I just want the result. I currently work for a large financial institution and I’m also a shareholder and I’m never privy to any information on their takeover until all the I’s are dotted and the T’s crossed. We’ve waited this long what’s a few more days?
I understand everything you are saying. At what point do you start looking to the future? Sure PL track record is shady. Having 6 employees is not so bad it’s a start. What if the Bioharp is the answer we’ve all been looking for when we purchased this stock? PL and His crew doesn’t make anything that is what the need a manufacture for. Whenever this thing hits the market doctors are not going to walk into the store and pick one or two up Like a donut shop. It’s very difficult to implement your future plans when your main product is in limbo. Let’s give this man a chance to climb out of the rut before crucifying
him. When I purchased Nortel Networks at $120.00 per share if anyone told me that Nortel would be trading at $.028 cents in 2010 I would have bet both my legs and arms against it. Xtend is a company in the startup phase just gives it a chance. If all goes well one day we will be sitting on a beach (if you like the sun) somewhere thanking God for the decision We’ve made. If it doesn’t life goes on.
We all have reasons to be frustrated. We all invest to get a return on our money which is taking a while to realize. My reason for the frustration is: 700,000 shares @ .107 (the high in 12/09) = $74900.00 now value @ .0053 = $3710.00. As far as I’m concerned we’ve done our part in investing in this company let them do theirs, we have no idea what is going on behind closed doors. We should be using this board to support each other, to let each and everyone know that they are not alone. In my opinion the constant negative is not helping for every disappointment in live there is a positive.
A little history on this company. When I first purchase shares in this company it was called Prime Rate Investors Inc, Cusip 74159W202. On Feb 28, 2006 there was a name change to Summus Works Inc @ 1 for 1, Cusip 866368103. There were great things planned for this company as they were involved in so many different things, I’m still waiting. During the name change we were told (Paul Linsby) there was NO share consolidation planned. On September 26, 2007 there was another name changed to the current name Xtend Medical Corp, and a reverse split as announced (share consolidation) 8334 to 1 (for every 8334 Summus you get 1 Xtend). (My holdings at the time 1000,000 shares / 8334 = 120 shares)
Ever time I read whatever you write I don't have to look at your name to know I'm reading something from you. I don't know much about you apart from what you write but your attitude towards this stock is very negative. I hope no one is making any decision based on your opinions.