All of the patents are owned by Centercourt as well as taking most of the lab equipment. They were seized on the loan default.
There are no assets left in Biocurex.
Only fools are buying this stock. Centercourt was offered stock in a new company who was interested in the shell but Smithline just wanted cash and be done with it. Smithline who runs Centercourt was totally fed up with the likes of Moro.
The shell is now getting stale and probably has little value at all.
Interesting, I missed the mention of BioCurex in the article. What I just noticed was the PAST TENSE in "was a director of BioCurex". There has never been an 8K saying Burger has resigned even though everyone is gone.
Moro has let the peptide patent expire for lack of a response. In any case, all the patents have been assigned to Centercourt and the other two funds run by Smithline. All of BioCurex's assets have been seized including all of the lab equipment. Their previous building is now a DNA testing company.
Burger attempted to put something together to keep Biocurex running about a year ago but was wanting Smithline to extend the debt. Smithline refused. Someone else attempted to take over the shell but wanted Smithline to take stock in a new company to cover his notes. Smithline refused. Smithline considers Moro to be a scam artist and is tired of hearing all the lies because nothing Moro ever told him was accurate. Smithline decided to shut Moro down and take everything even if it cost him money. That is how much Smithline disliked Moro.
Moro pocketed at least 1.7 million from Revenue Canada to compensate for R&D that had been paid for by BioCurex.
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