Source: CBS 11 6/1/2006
Judge to Decide BioPerformance Fate
According to her report of the courtroom proceedings, reported and uncontested is that the company netted more than $25 million dollars in just five months. The big question seems to be what happened to that money.
According to the article, BioPerformance President Lowell Mims netted between $9 and $10 million dollars, and so did vice president Gustavo Romero.
Mims and Romero claim the proceeds are dividends and as the sole shareholders, legitimate compensation. The Texas Attorney General maintains that the company sold a fake product through illegal means.
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