Replies to post #6830 on Biokey International Inc (BKYI)

[CCDDAY]

Wickw50....I have always recognized you to be a voice of reason on this board. Why do you think no shareholder has prompted an investigation to date? Isn’t it time we take steps? I seem to also recall that you got out as an investor and then got back in. Why get back in if you suspect laundering/manipulation or fraud? Any suggestions going forward? I am ready to take action.

[iam4]

I don’t remember BKYI putting any of those patents (or the technology itself) to any use.

BKYI took a chunk of money from the Chinese, then used a portion of it to “buy” the rights to patents and software from the same group in China, in order to keep the balance for themselves.

The transaction was about getting a few million dollars from Chinese.

Basically, if I need $10, you give me $20 for a ton of equity, then I “buy” something for $10 that neither you nor I have any use for. Now I have $10, and you have the controlling shares of stock.