InvestorsHub Logo
icon url

forreste1

09/02/10 1:57 PM

#112637 RE: JonyJL #112635

thats why it makes absolutely no sense whatsoever to do what he's doing, unless he has another buyer of the Bioharp lines up (so he thinks)...
the most irritating question I have is WHY didn't he deliver it AFTER he signed a legal document?.. We may never find out the answer to this petulant action on his part.
icon url

StubbyPG

09/02/10 2:17 PM

#112640 RE: JonyJL #112635

Go to the BioHarp web site, all the complaints and the APA are listed there. SL received 500,000,000 + restricted shares. The 29 mil is for damages. If he takes this to trial and loses XMDC will have a 29 mil$ judgement against SL and can revoke his restricted shares as partial payment of the judgement. SL would then of lost everything and still owe XMDC millions. I'd say he has an incentive to settle this in mediation.
icon url

Bubba714

09/02/10 2:34 PM

#112641 RE: JonyJL #112635

My Point is, No Matter when this is Settled, whether it is @ Mediation or Trial, SL will always have a Window of Opportunity to Renegotiate. He will always have the ability to be COMPENSATED for his efforts.

What scares me & Someone PLEASE CORRECT ME if I'm WRONG, Is that a BIG Co. (ie: GE) comes in, knowing the Magnitude of what the BioHarp's Potential is Worth, just pays for everything, ie:
1) The 29 Mil/Penalty
2) some Absurd Amount, that would Equal the Restricted Shares, SL would Surrender
3) Pay ALLLL the Legal Bills
4) an Offer SL a Substantial Percentage of the Business.

If there is KFDA Approval & the Marketplace is GLOBAL in Nature, Why wouldn't a Big Corp Pay-Out what could Equate to 100 Mil, that would Clear Sam Lee of his Consequences. I believe the Harp is worth Billions if it works,This Just My Opinion.

[b]Is This Scenario Possible???

GLTA,Bubbba714...Someone, Tell Me I'm WAAAAY Out of Line!