Sunday, January 03, 2010 8:47:57 PM
More than likely the shares being issued as payment for promotion are from a third party. It is not uncommon for an LLC or small corp to purchase large blocks of penny shares at a discount for them to sell into the market. It's perfectly legal and allows for the purchaser to not have to wait for restricted shares to come due.
In my opinion, this is really a minor side issue. The real point of investing here is the product. If and when Xynh comes forth with a prototype and a patent after this silly trial is over, the issuance of shares will become moot.
I invested here based on the hydogen extracting generator, which I believe to be real.
If the company cannot produce a patent in 2010, then I will declare myself defrauded.
Until then, only the issuance of a verifiable PR from the company will stop the guessing on this board. For some, that will still not be enough.
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