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PWRM SEC Suspension:
http://www.sec.gov/litigation/suspensions/2014/34-73090.pdf
Order:
http://www.sec.gov/litigation/suspensions/2014/34-73090-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2014/34-73091.pdf
POOF.......nothing there, last 10Q june 30th 2009.......???
Is this a confirmed dead company and clean shell? Could be a rm candidate.
I will be watching.
Another heavy volume day, could there be a "breakout"..???
Heavy volume today.........???????????
For a dead duck they sure trade a lot of shares some days.....???
Interesting...hmmm. I think i will toss some coins this way.
PennyProfitPro Dot com Coming soon!
Whats with pps?? Theres some life left in this still
PWRM 0.0002 - Targets 0.0004 / 0.0005
http://stockcharts.com/h-sc/ui?s=PWRM&p=D&yr=1&mn=0&dy=0&id=p95873975706
Power3 Medical is no more...gone. They filed for a Chapter 7 bankruptcy on March 15, 2012. Assets have been sold. So, why does PWRM still trade? My guess is neither Ira nor Helen notified the proper authorities (SEC) to let them know that the company is done and should no longer be trading. WHY? If i were to take a wild guess i would say that Ira and/or Helen are trying to sell what's left of their shares on those that are unaware that PWRM is no longer in business.
Just my opinions
Why the heavy volume some days..??
Spydee13
Company went bankrupt, assets were sold at auction and all that is left is.......nothing.....
Some interesting volume today, any news...???
googled it Power 3 Medical Products Inc. News - The New York Times
Really interesting.. I might pick up a few shares
new york times. may 11 but no links, just a good pick for 2013
Anybody know what's happening to this stock ?
I assume they did their homework, any link to the article would be appreciated. TIA.
the new york times had a recent article that said this is a good pick for 2013
Why so much volume lately...........??????
making a little push!
cant wait altho i wont be selling until some kind of fda approval or buyout or something that drives this thru the roof....sold a bit and riding free shares now sitting on almost a mil
tic tock! Are you ready for news this week?
disney i found this last week...well here is some good news...Power 3 Medical Products
case # 4:12-bk-32024
Document # 33 - Motion to Sell
entered 11/02/2012
Trustee's Motion for authority to sell intellectual property free and clear of all liens and claims
""The Trustee has agreed to sell the Patents to Amarantus on the following terms.
Amarantus shall pay to the Trustee the sum of $40,000.00 to acquire the Patents free and clear of
liens, claims and encumbrances.""
AMBS BOUGHT ALL THE PATENTS and was awarded them in nov. thru the bancruptcy deal i was wondering if pwrm is in bancruptcy why isnt there a Q after their ticker this has been going on for a while im suprised they are still trading tho i am a huge bag holder i have made my losses up an AMBS already
Too long to remember when was the last time it was at $0.0007
I hope the patent will get approved soon ... But will this do any good for PWRM shareholders? I don't think so unless another company come in and buy the IP. PWRM officers plan to sell its to AMBS.
Got a little break out here! Anything going on?!?!
Thanks,
$40,000 translates to 5 computers and other documents. No wonder, back in May 19, 2012, "the auction will be sold as 1 lot in it’s entirety". Back then, I was wondering who the heck would buy the auction.
http://webstersauction.com/ai1ec_event/bankruptcy-medical-products/?instance_id=86
I hope AMBS can continue the works.
From Pacer...
Power 3 Medical Products
case # 4:12-bk-32024
Document # 33 - Motion to Sell
entered 11/02/2012
Trustee's Motion for authority to sell intellectual property free and clear of all liens and claims
""The Trustee has agreed to sell the Patents to Amarantus on the following terms.
Amarantus shall pay to the Trustee the sum of $40,000.00 to acquire the Patents free and clear of
liens, claims and encumbrances.""
In November 2012, the Company responded to the Trustee’s proposal and is currently waiting for a formal reply from the Trustee.
http://www.sec.gov/Archives/edgar/data/1424812/000125529412000844/mainbody.htm
WOW thanks for that ...sheds some light maybe on why AMBS is going down seems they dont own rights to NUROPRO yet great find DISNEY714
In August, 2012, the Company learned through a letter from the Trustee that the IP now belongs to the bankruptcy estate of Power3, and the Trustee has provided notice to the Patent and Trademark Office of the change in ownership back to Pwer3
http://www.sec.gov/Archives/edgar/data/1424812/000125529412000614/mainbody.htm
look at biomedreports.com and search pwrm look at article 18 pwrm had it and sold it to ambs but look what vrml did on fda approval of one test i realize vrml owned it and seems ambs is selling the rights or sharing ??? but it will still go on approval either way
I'm in AMBS - I thought I remembered a connection but when I scanned quickly all I saw was Neogenomics. Thanks
AMBS bought NUROPRO from PWRM and AMBS is now on high watch they have many great things going on dont miss the boat its very cheap here cud be a lotto play from these levels just my opinion do your DD and you might be suprised here
I consider anything out of Helen or Ira a fabrication of their share selling fraud.
Neogenomics would be the company to follow for any PWRM IP
IP assets transferred to Neogenomics Mar 7 towards payment of Judgment. (Makes sense now why they filed Chap 7 on Mar 15-they have no assets.) There is still a balance due. Receivorship below shows all patents that were transferred. There are also other lawsuits and secured creditors, including IRS and law firms. Helen Park and Ira are each co-debtors but also are in top 20 unsecured creditors. They are owed $439K and $169K respectively. PWRM has $866,422 in assets and $3,732,046 in Liabilities. After Secured Creditors and judgments, nothing for Shareholders.
From Neogenomics 10K http://sec.gov/Archives/edgar/data/1077183/000119312512109860/d262716d10k.htm
So was the deal in Saudi Arabia just a sham..??
I believe this is one of those famous "Zombie" stocks. The company declared Chapter 7 liquidation bankruptcy and yet pinksheets hasn't bothered to add the Q nor did they add a E for past due filings.
ITS DEAD -
Is this stock dead in the water or is it still hanging on by a thread.
Can't make up my mind if I should take a stock loss or hang on for another year.
I wish you all good luck in your other investments. MMM
Parkinson Application Status
Diagnosis of Parkinson's disease
12/802,630
09-10-2012 Mail Restriction Requirement
09-07-2012 Restriction/Election Requirement
08-06-2012 Case Docketed to Examiner in GAU
08-06-2012 Case Docketed to Examiner in GAU
Sorry it cost you soo much.
I've changed what I'm willing to bet on - I'm liking Foreign tickers that trade on more than 1 exchange so I can compare performance.
I've also been buying Pharmas that have been beaten down on "less than expected" results. Like ANTH bought at .7004 last week.
Nothing in the world of penny stocks. PWRM is the last of this business for me; it's the second time in my life I was burned big by one of these. Never again. Good luck my friend.
We could only be so lucky. They need to be in prison.
Bahahaahha. This company had NO IP. Period.
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Power3 Medical Products, Inc. 3400 Research Forest Drive Suite B2-3 Woodlands, TX 77381
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from most recent 10Q:
Common Stock - $0.001 par value; 600,000,000 shares authorized; 335,461,585 shares issued and outstanding as of June 30, 2009
As of August 11 2009, shares issued and outstanding was 380,472,766
Investment Considerations
Strategy
Capitalize on protein pattern and biomarker discoveries and commercially validate science. Focus development effort on protein-based early diagnostic test and drug target market
Partnerships & Alliances
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