Phase III Medical (fka PHSM)

[slow_feet]

13:55 08/31/2006 PHSM Phase III Medical, Inc. Common Stock NEOI Neostem, Inc. Common Stock 1-10 R/S **

[slow_feet]

> a little volume and an up day. imagine that!

Yeah, someone using NITE has been buying this past week, every day. I sold them some of my shares today at .069

[PrftTkr]

a little volume and an up day. imagine that!

[slow_feet]

Well, here's the recent time-line for the PHSM Printing Press...

-- 55,645,530 SHARES, $.001 PAR VALUE, AS OF NOVEMBER 10, 2005

-- On March 17, 2006, 78,571,087 shares of the Registrant's common stock, par value $0.001 per share, were outstanding.

-- 86,738,633 SHARES, $.001 PAR VALUE, AS OF May 19, 2006

-- On June 2, 2006, the Company issued an aggregate of 47,249,992 shares of Common Stock to Investors pursuant to the Securities Purchase Agreement and also issued to each Investor, in addition to the shares of Common Stock, five-year warrants to purchase up to an aggregate of 23,624,991 shares of Common shares of Common Stock, at an exercise price of $0.08 per share. In addition, the Company issued an aggregate of 3,799,821 shares to certain officers of the Company for conversion of an aggregate of $278,653.55 of accrued salary (less adjustments for applicable payroll and withholding taxes), pursuant to the terms of the Securities Purchase Agreement. The securities were not registered under the Securities Act of 1933.

So now we're talking about ~140M shares currently, with a R/S and more financing on the horizon, and the MC has gone up 2.5x.

I'm not a fan of this management.

[PrftTkr]

just wishing this could move like the other small stem cell plays. Hopefully the reversed does not get approved. The float seems tightly held the way it moves up on volume, not to mention being on the sho list now.

[slow_feet]

Fingers crossed that PHSM might get mentioned some where...and
then we'll get a pop.

Adult stem cell biotechs: better prospects, less controversy
Several outfits are in the advanced stages of testing adult stem cells to help repair damaged bones as well as heart and breast tissue.,
By Aaron Smith, CNNMoney.com staff writer
August 9 2006: 3:37 PM EDT

[slow_feet]

Yes, but we've got some hurdles to cross...an upcoming R/S, and
more borrowing -- see recent def 14a and 8-k filings.

[PrftTkr]

Great news yesterday, let's see if volume can come in here.

[PrftTkr]

I did see the recent filings and was hoping that those shares would not flood the market. Hopefully being insiders they are more for the long term of this company. I was mostly looking at this one for a longer term play. Maybe once all their ducks are in a row we could move to the levels of SCLL. For the most part what I believe to be happening is the company just getting their share structure in place while the price is this low and not in the public eye so much.

and that site is not mine sorry. I have my site down now which is christianryan.net I am doing some revamping and possibly will have a new homepage.

[slow_feet]

Hello,
I just noticed that Ihub had a board for PHSM...

This last 8-K implies a double of the O/S, which
I'm not too happy about, but the entire venture is pretty risky
to begin with. At this point, I'd say my position is a "wild bet"...

Is this your work at http://www.christianryan.com ?
Very nice.

Best Regards,
s-f

[PrftTkr]

Long 8K out this am. Looks like they sold shares to 17 accredited investors. And also locked in some mgmt. with shares. Shares sold at .044. Not too bad. I doubt these shares will be flipped at these levels so dilution shouldn't be a concern. To me it really seems they are just setting up employees for the future.

[TM$]

Well, I am in with a decent position.

I am really pleased with the new ceo. She seems to have impressive records managing, consulting and credentials. Also, she is quite impressed with the prospect of NeoStem.

[PrftTkr]

volume looks to be coming in here, too.

[PrftTkr]

Volume came in after news yesterday, or maybe was a relief bounce after hitting .045 on the day prior. Looks like stock that may have some similarities to SCLL. Not sure though someone correct me if I'm wrong.