Friday, September 02, 2011 7:07:43 AM
There was bogus information in emails and PRs (not to mention in phone conversations)that have been posted numerous times. All was not well as Lisenby stated in an email a few weeks before Lisenby filed a complaint against Lee. Lisenby had no device to move forward with even though he told shareholders they were moving forward.
XMDC did not acquire the Bioharp assets as mentioned in a PR. If they did, why are Lisenby and Lee still trying to work out an agreement? Lisenby raised the number of authorized shares (and did not tell shareholders why) after stating there was no need to raise the shares. Lisenby posted "mediation was successful" on his website when it wasn't. No timely retractions for any of the bogus information. On top of all that, Lisenby never even informed shareholders he was filing for chapter 7. Just a few examples. A case of fraud.(imo).
XMDC did not acquire the Bioharp assets as mentioned in a PR. If they did, why are Lisenby and Lee still trying to work out an agreement? Lisenby raised the number of authorized shares (and did not tell shareholders why) after stating there was no need to raise the shares. Lisenby posted "mediation was successful" on his website when it wasn't. No timely retractions for any of the bogus information. On top of all that, Lisenby never even informed shareholders he was filing for chapter 7. Just a few examples. A case of fraud.(imo).
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