BioStem Technologies Inc. (BSEM)

[Bfife]

Somebody earlier in the day was questioning where the accounts receivable comes from that shows up on the quarterlies. They felt that since CGAQ is on a cash accounting system that there should be no AR's. May be this explains where the AR's have come from.

January 6, 2011:

Quote:CGAQ announced today that it has taken over 100% of its live video gaming. Since its original announcement of the joint venture, the former CEO of Kenilworth has unfortunately passed. The ideals of the joint venture have changed since. In fact, the outstanding balance due to CGAQ from Kenilworth has forced CGAQ to disband the former agreement.

I could be wrong, but it just makes sense to me.