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iam4

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iam4

Re: wickw50 post# 6830

Thursday, 08/20/2020 12:31:43 PM

Thursday, August 20, 2020 12:31:43 PM

Post# of 7452
I don’t remember BKYI putting any of those patents (or the technology itself) to any use.

BKYI took a chunk of money from the Chinese, then used a portion of it to “buy” the rights to patents and software from the same group in China, in order to keep the balance for themselves.

The transaction was about getting a few million dollars from Chinese.

Basically, if I need $10, you give me $20 for a ton of equity, then I “buy” something for $10 that neither you nor I have any use for. Now I have $10, and you have the controlling shares of stock.

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