I_Invest, Wittenberg was a known crook from day one. The initial setup of BioCurex was to benefit 85 un-named investors who made out like bandits when the stock was pumped to $5 in 2002.
My wife bought some of the stock in 2005 for around a dollar and that is the first time I ever looked at the company. When Abbott took way too long to even publically say anthing about RECAF, I began posting that I anticipated a product return and that Wittenberg was a crook. His status as a crook was confirmed by another investor who had made a private placement and was invited by Wittenberg to participate in his stock scams.
What finally got me to invest is when Stephen Frost presented RECAF at the ISOBM in 2007. I bought stock thinking Abbott was actually going to use the product.
Later, I found out that Abbott ceased any effort to commercialize the product within a year and pullled everyone off of the project and gave them other assignments. Moro obviously had some influence on Stephen Frost who undoubtedly did the scam agreement in March 2008 to not do any more work on RECAF in exchange for not having to pay past due royalties nor future royalties.
From that point on, this stock was totally dead but Moro kept sucking in others to make investments. He continued to hype the license with Abbott and Inverness even though they had dumped the product. He continued to hype China when there was absolutely NOTHING there. I contacted the company in Shanghai where Moro's former employee was working. They had no idea what I was even talking about when I asked about RECAF. That was all a scam.
It is also difficult to understand how someone like Paulson could have been tricked into the secondary placement for a company with a worthless product. There had to be just a never ending stream of lies told by Moro.
Yes, I feel sorry for those investors who got sucked in by Moro and his hype but I am proud of the fact that I did get information to a few investors who were willing to listen to the facts about Moro and RECAF.
I was slammed by many on this forum who were just not willing to consider the fact that Moro was a crook. The facts now exist that he has been overcharging BioCurex for services and has personally pocketed over $1.5 million in SR&ED money confirming his status as a crook. Yes, he needs to answer for his crimes.
I have never shorted nor intend to have any financial interest in this stock. I am not connected with anyone who trades, shorts or has financial interests in this stock. I only post facts and my opinions. I do not post on IHUB with different aliases.
