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4u2nv2

07/11/11 2:40 PM

#131432 RE: yachtsailor #131431

That would only be the first step. Xtend needs more than just a working harp. We need a solid foundation for this company.

#1 - We need solid financial backing. Forget about a 504. We need to pay attorney fees that no one is happy about. Plus, funds for manufacturing and clinical trials that need to start yesterday. And many other financial hurdles due to the delay.

#2 - We need Dr. Lee supervising the manufacturing and that end of the business.

#3 - We need the corporate structure established so that Paul and Sam can make this deal happen and move forward. Possibly a middle man to supervise the operation and keep things in check.

#4 - They need the top 3 in place fast to generate immediate revenue to save the company from BK. At this point BK is protection and has bought the boys just a little time.

Or they just need a new agreement AKA business plan for the marketing of the Bio Harp. One way or the other, we need a lot and we need it fast. Full speed ahead to save the Bio Harp and in turn save lives with the technology. IMO

dragon52

07/11/11 2:42 PM

#131433 RE: yachtsailor #131431

heres the deal...

PL filed for BK Chap 7.

SL counter-filed to rescind that order noting PL was not authorized.

that is the only filings to date.

whether they want to talk about it or not is up to them; however the filings are still active.

there is no whether SL turns over the harp or not. that is not the filing at hand. that will be determined at chancery court.

Bubba714

07/11/11 2:50 PM

#131437 RE: yachtsailor #131431

Yacht, is the hearing 8/6/11 or 9/6/11...I thought is was Sept!!!

GLTA, Bubba714