Too bad they didn't follow through on this agreement with a "Clean Shell" ! http://www.otcmarkets.com/financialReportViewer?symbol=BION&id=68044 There is no way what is proposed in that document is what actually has transpired! Sure was slick how the 300 to 1 split didn't effect the debt conversion to shares ! The money spent on this promo could have went to buy a nice clean shell with no debt! [Blank Check Public Shell Company (Virgin Shell Company)] Then they could have registered the shares with the SEC to be sold to the public and the money could have went directly to the company! http://www.companiesinc.com/gopublic/public-shell-companies-for-sale.asp It will be interesting to see the next "Financials" (as if what is filed on the "Pink Tier" can be called financials LOL) to see if any money from selling shares ends up in the companies coffers??? Last 10QSB was 11-14-2000! http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001015979&owner=exclude&count=40 Good to see someone doing just a little real DD to eliminate putting money into a questionable deal. Even completely legitimate companies are a risk! Too many red flags here for me on this one even though the story seems really good and professionally done.
"All Truth, In The Long Run, Is Only Common Sense Clarified. ~ Thomas H. Huxley "Facts Do Not Cease To Exist Because They Are Ignored." ~ Aldous Huxley