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Re: None

Wednesday, 06/09/2010 12:13:14 PM

Wednesday, June 09, 2010 12:13:14 PM

Post# of 213041
ALL very ODD, a good law firm usually informs court of "no show" or "no defense" disposition on behalf of their client, to show, at least, the lawfirm's respect for the court. Default judgement(if granted) means court hasnt heard SQUAT from SL's side, menaing we probably wont see SL, or the "unknown" assets EVER, unless SL left them with Genohco, AND Genohco is willing to acknowledge they have them and give them to us(it gets sticky unless there is a document that says SL gave them to Genohco for collateral, otherwise, NO ONE will really know where assets are)

As before, (and IF we get DEFAULT judgmnt)PL SHOULD have enough to manufacture BioH from patent docs, assets received.

I cant see Genohco NOT wanting to make the product, but SL's involvement with them could hinder deal, so it remains the biggest question, as STubby said "where are the VITAL BioH assets" I say Genohco has them, and we will find out if they are sympathetic to XTEND's cause very soon(pending DEFAULT jgdmnt)

NO DEFAULT jugmnt means SL has asked for(and been granted 10 day delay, which I expected to hear yesterday) and will continue to muck things up till mid JULY at earliest.

This is what I meant about a boring June, I still expect nothing official info that gives us direction, especially what the status of agreement, RESTRICTED shares, and the tracking of BioH's lifecycle.