Replies to post #18741 on BioCurex, Inc.(fka BOCX)

[Gold Seeker]

MCD, If that was the case, it would not be written off as a bad debt. It would have been paid. I think the employee exercised options at 60 cents sometime before the Abbott amendment and then the stock went south. If Dr. Moro did not resolve that debt, if the assets went to Smithline, Smithline could then seek collection from the employee. What I see occurring is that the option exercise was basically nullified. The stock was returned and it was as if the exercise never happened.