Praxsyn Corp (PXYN)

[DartmouthDan]

Been busy lately. All has come to pass as I predicted. Those that listened to me, did not lose as much money. I predicted the stock would be under a penny. I predicted that the whole Mesa Pharmacy was a scam. What happened to the $8 million in stockholder equity and the $60+ million in annual revenue? Bogus. No financial reports have been filed for 18 months. Meanwhile, despite there being no current public information, 80 million more shares were freed up and dumped into the market.

And it was announced in February that the Company has moved to Nevada in order to enjoy larger pharmaceutical facilities.To 61 Spectrum Boulevard. Does not look like there is any larger pharmaceutical facility there. They bought an existing pharmacy for $120,000, but Praxsyn only had $50,000 cash and the rest has to be paid over time. $120,000 will buy you only a very small pharmacy, with 20-30 prescriptions a day and probably less than $100,000 in revenue. And this is a public company that claims $7 million in market cap?