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Re: RJ Trotts post# 64103

Thursday, 09/13/2007 5:25:44 PM

Thursday, September 13, 2007 5:25:44 PM

Post# of 212234
RJ: "BioPharmetics, Inc. (PINKSHEETS: BPMT) announced today that on or about September 13, 2007, the Company will announce the record date and structured dividend payout of shares of Summus Works, Inc. to BioPharmetics, Inc. shareholders resultant of the recent sale of assets to BioPharmetics, Inc. Management stated that while the exact details of the dividend are currently being structured, it will be paid pro rata to BioPharmetics shareholders."

I'm cornfuzzled. So SMMW buys BPMT and issues stock to BPMT which is distributed to BPMT stockholders as a dividend. This had to do with "the recent sale of assets (TO) BioPharmetics". What assets were sold to BPMT? Assets FROM SMMW sold TO BPMT? How does that work if SMMW bought BPMT?
Now BPMT is changing its name after Dan and Ian are off of the board of BPMT and all of this has taken place. I'm not getting it. Any ideas?