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Thursday, July 01, 2010 8:08:07 PM
1st of All - I do not need a Valiu (sp) or anything else !
Let me relay something to you that you may not be aware of !
To begin with, I manage a very large personal portfolio and 98% of my swing trades are in stocks a lot higher priced than XMDC. To go along with that, only about 20% maximum of my portfolio is used for swing trades. So XMDC's stock is similar to a "fly on the wall" to me.
My family and myself are very 'humanatarian' and, what concerns me here is the fact that there are some guys on this board that have a lot of, or a sizable percentage of their total investment in XMDC and some of these guys have been with this stock for a long time and have bought it all the way down !
Note: I bought my shares down to about 1/2 of what I originally start with for a 'per share cost' !
These same guys, I am talking about, are still working {in a lot of instances} and if XMDC goes down the "tube" they could be badly hurt ! That would be a Disaster !
Talk to "The Rainmaker" or to "thewickes" and you will know exactly what I am talking about when I state that Paul has "likely" maybe 'sailed us down the river'. I do not really know, at this point, and neither does anyone else. I even doubt if Paul Listenby really knows either.
I just think that there is some validity in 'some' of Sang Lee's answers. I think that Paul was not totally truthful with Sang Lee about some things, i.e. XMDC Liabilities and I also think that Sang Lee may be trying 'back out' of the Agreement because maybe he has {at the last minute} realized what he really has {that is, if it really works}. We all have every indication that it works because of the Trade Shows that Bioharp has be exhibited at.
This brings all os us to the real problem ! Who knows who has been honest and forthright and who has not ? That seems to be what this entire disagreement is all about ! But to take a bunch of honest guys possible, major saving 'down the river' with no honest replies and no honest and timely PRs in months is almost Criminal un "anyone's books". That is the point. An Example of that is the fact that Paul Lisenby produces an e-mail on February 23, 2010, and tells ALL STOCKHOLDERS that "It is all good", and then twelve (12) days later, on March 8, 2010, files a lawsuit against U&I and Sang Lee {the very same deal that was "all good"" twelve {12} days before ! Give us all a 'Break' - That just does not Add Up at all ! Things like that are what I am concerned about in this case - how many of these type items could Paul Lisenby 'cross himself up with' when this case goes to trial, if it does. And the guys with their investments, sitting on the sidelines, saying "Holy Cow" !
Now maybe you and everyone else on this Board, understand where I am coming from. I could write the entire XMDC Stock Purchase off and just 'go down the road', but that is not the thing to do.
No one bails out of a vessel as long as there is still a life raft available !
Everyone really should completely read the Complaint and the Answers until they really understand what is actually happening and not speculate on what the outcome will be. The outcome of this case is the same as the Stock Market Direction - No One Really and Truly knows from one day to the next.
"A Fish Always Stinks From The Head Down"
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