Superhoops............I don't have a cent invested in it, but have watched and played the stock for quite a few years. I'm hang around just to see how it ends and to see if I was correct about what I though was happening.
So far I have been.
Yes, our opinions or hopes of PL differ. I think he's a 2 bit wannabe CEO who see's how easy it is to make a living by scamming low level investors out of their pin money. He's cut from the same cloth as a guy named Richard Astrom. I think he's using the Astrom play book.
What happened with XMDC still has some questions left unanswered.
I called "scam" when this first started and said that XMDC would never bring the Bioburp to market. While, it looks as if I was right, I still wonder if this was something that was just because of Paul, or if the two of them were in this together.
I did say over a year ago that the law suit would end badly for shareholders and kill the chance of finding out the truth. With out having the case go through chancery, we will miss some of the dirty details.
If Paul feels the heat is off, he may try to keep the company going.
I think it will go Ch 7 and fade away.
If it doesn't, then we will see dilution to generate cash and somewhere down the line, another RS.
I really can't imagine any company that is looking for a merger to consider a pinkie with a Ch 7 history and a large float as a good move for them.
I guess time will tell.
Good luck with it, I'm just gonna watch and keep the board as clean as I can. Call it a hobby.
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