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Re: fidz post# 1292

Tuesday, 01/11/2011 11:35:54 AM

Tuesday, January 11, 2011 11:35:54 AM

Post# of 5124
Well, there was this minimum of $20 million a year in revenue that never materialized...

http://www.highbeam.com/doc/1G1-181402005.html

Or this JV that was going to expand their stem cell and genetic engineering platforms into China

http://www.genengnews.com/gen-news-highlights/biomagnetics-creates-jv-to-aid-in-the-establishment-of-a-chinese-subsidiary/41491265/

In fact, if you go back and do some research on press releases from Mr. Hardman you'll find that he has a long history of overpromising and underdelivering. Of course, past performance is not always an indicator of future results, but it can't be discounted completely.