BioStem Technologies Inc. (BSEM)

[Militaryman1]

One of the reason's I left, is that when reading a previous PR it stated that there were many deed holders for the resort and they were trying to locate everyone one of the sellers to get there approval? A piece of a previous PR:

1. Due to the many deed holders in the resort, both parties have been working hard to get every deed identified and its sale approved. The legalities are immense. Toward that end, the Company has two D.R. attorneys working together to ensure that the closing goes as planned; without a hitch.

Does this mean that CGAQ only has one DEED holder that wants to sell and need the rest for total sale of the resort and get their approval? Thats what threw me off.


How can they say in the previous PR that they have a buyer with a sales contract to sell 50% of the casino and now they have another offer for 100%. If they already have a sales contract already for 50% should that already be binding for that buyer and can't accept another offer?

How can they start the purchase of the resort and sell the casino without getting all the Deed holders approval first for the resort, and how many Deed holders are there, and look for financing before all that is done? I read through previous PR's and it doesn't add up, and thats why I sold. It's hard to understand how you can sell your main asset(casino) before you have all the deeds from the resort, and approval from the owner's of them first. Any one of them can say NO, and then what? Plus is there a Binder in place to hold the resort with money down, but then again you should have all the deeds with approval before that is done. It just looks like to many things are not in order for a Purchase. If I'm wrong with my observations, please tell me, but it doesn't make sense from comparing previous PR's. I wish you all the best of luck.

This is my opinion only.