BioStem Technologies Inc. (BSEM)

[Militaryman1]

I was reading the 9/6/12 PR and it stated that the seller has agreed to carry the loan? here is the piece of the PR:

. The Seller has agreed to carry a loan at very favorable rates and without a steep "origination" fee. The seller will require less down than the other lenders, and a longer term, too. The Company will have a mortgage of less than US $2,500,000. The last property appraisal from 2008 valued the property at $17,000,000.

Does this mean that CGAQ couldn't get the financing and now it turned into a RENT to BUY? with the seller? I couldn't understand that part. If someone can clear that up, I'll appreciate it. I would buy back in if things get cleared up for me, but right now there's too many loop holes in this for me. Plus also, when they try to get the approval from all the other DEED holders, don't they all have to agree on the purchase price if they want to consider to sell. Suppose others hold out for a better offer? these are the things that I don't believe everyone considers or thinks about. I did, thats why I left. How can you sell your casino before all the other things haven't taken place yet? Things to think about????? Plus, where is Mr. Lieber? did he leave, or is he still around in the picture. There is no more mentioning about him in the PR's? These are the things people should consider? You should know where your money is going with proof instead of into an empty void of not knowing. Just things I wanted investors to understand of why I left, and what I look at as a whole. Good luck to everyone!

This is my opinion only.


This is my opinion only.