I was certainly surprised to actually see the AMDL logo on the side of the building. I was just passing down I-5 today and decided to stop by and see who was actually in the building. The landlord converted them to business condos over a year ago and some of the units in the building have been sold. LS contacted the landlord about a year ago and at that time, he was told the landlord was using suite 100 as a base of operations for the condo conversion.
Some basic assumptions now have to be made knowing the current facts.
1. What can be seen from the side windows is now empty when it was filled with cubicles last year.
2. The sheriffs asset seizure could account for the interior furnishings being gone or the Aussies may have just sold whatever they could to pay the amount due.
3. The AMDL logo that is on the wall in the front office is not on the same wall as the Radient Pharmaceuticals logo was on when I looked last year. The office now looks as if someone has posed it for a picture.
4. The picture of the logo on the cstamdl.com website had AMDL Diagnostics which we found to be an old photo taken in 2008. The wall today just has AMDL with the logo. On the back door, the plastic sign says AMDL Inc.
5. The Aussies are paying the landlord to retain this building. Where is the money coming from? They could in fact still have a former employee of Radient manufacturing kits for sale in one of the back rooms with no windows. When Mac turned the company over to the Aussies, he did in fact state they were at the time still selling kits. If the Aussies have maintained the kit manufacturing and sales, that could be paying for the rent on the building.
6. The Aussies have obviously considerable effort to change everything from Radient Pharmaceuticals to the USA branch of cstamdl.
7. The Aussies have intentionally cut off access to cstamdl.com to any US ISP so they do now want former shareholder of Radient or anyone else in the USA to easily know what they are doing.
8. My conclusion in all of this is that the Aussies have stolen everything possible from Radient and probably have some poor investor "fish" on the hook for their Hong Kong company.
I have never shorted nor intend to have any financial interest in this stock. I am not connected with anyone who trades, shorts or has financial interests in this stock. I only post facts and my opinions. I do not post on IHUB with different aliases.
