RE:Report to TSX-V for fraudulous behavioryou missed one other key point. The IP was built and is now being offered for sale through Datex (look up DataStealth). Schwartz is the Chairman of Datex. So, Schwarz walks away with Covalon shares (where he is Chairman) and a commercialized IP product. I found it astounding that Mitec sat on their hands and waited for years to develop the IP, claiming they had no money only to decide to sell off the Covalon shares mere months before Covalon announced a bunch of deals which drove the sp to almost $3. IF Mitec had simply kept the Covalon shares, not bought the IP from Schwartz and waited it out for Covalon to turn around(spending only the necessary cash to keep the coming listed), they could have sold the Cov shares for $9M (assuming they converted all warrants). They always claimed that they were restricted in raising cash due to regulatory rules, but they should have known this long before they bought the Ip. By the way, Mitec's CEO is now working at Covalon Worked out nicely for them, didn't it