InvestorsHub Logo
Followers 7
Posts 404
Boards Moderated 0
Alias Born 10/27/2009

Re: savingstrangers post# 120126

Monday, 12/06/2010 4:46:02 PM

Monday, December 06, 2010 4:46:02 PM

Post# of 212721
RESPONSE TO SAVINGSTRANGERS:

You are right ! This stock is not a "scam" by any strech of anyone's imagination ! It is just a case of "bad management" with a proven previous track record of the SAME by the CEO ! PL is not a communicator and is not probably concerned what the investors think. He has refused to keep the investors up to date and this seems to be PL's standard " mode of operandus" !

There are other similar products to the "Bioharp" on the market by such manufacturers as General Electric, etc. XMDC has virtually no excess capital and PL does not want to admit that to the stock holders and he is apparently unable to find financing from some of the "Big Guyes" in the industry. Part of this may be because of PL's personal past 'track record' - WHO KNOWS at this point ! If the CEO does not have a 'successful track record', it will be very hard to get a decent company to partner with to get the BIOHARP on the market. PL started this final step for the BIOHARP on December 9, 2009, so next week it will have been ONE YEAR in total "stalemate" !

In my personal opinion, an investor in XMDC might consider just holding this stock until it either GOES UP or GOES BROKE ! Sooner or later, one or the other will be a realization !