This is a free market....once you knew sam wasn't complying it was time to SELL.
You can even sell now while the shares are at least worth something....
Sound like paul wants bankruptcy to go through and it sounds like sam just wants his patents back.
I would love for sam to take over this company and bring us back to penny land but based on COURT DOCUMENTS he wants nothing to do with xmdc.
Sam doesn't need XMDC to move forward with his device. If it works, he can sell it out right to another company or find someone else who's not going to dilute his shares after signing said contract.
the per se "contract" has yet to be consummated and put into effect...
because according to Paul, Sam has not yet turned over, thus not having the APA completed, it sits until it is done or rescinded.
Paul has failed to rescind any false and misleading PR's based on so called events that never really happened and he is more at fault because he claimed those events took place and that the agreement was in full swing when it was not. Paul made public all those PR's and not Sam.
So how can Sam be at fault when the APA was still far from being made a deal?