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We're going to find out in about 15 hours.....
Also note (in the cut and paste from the bogus financials) that the Preferred Shares were not split when the Common shares were last year.
Basically, the value of a share of Common stock was reduced by a factor of 500 while a share of Preferred maintained the same value.
I think you should ask Kabul how you can buy some of those Preferred shares. That might be a potential path to profit here!
I hate to be a conspiracy theorist but I have to agree. We have "pie in the sky" opinions and " doom and gloom" opinions but the price and volume action during the last two weeks is not reflective of the information that we, as shareholders, are privy to.
Astronomical or Nefarious, there is definitely something happening that is not being shared with us.
I'm just hanging on to the belief that it is positive (but not without strong misgivings as well).
Launch, NO, it is patently true and comes straight from the financial statements. I have asked multiple times for an explanation and received no answers. Read below (cut and pasted from the bogus financials). There are almost THREE TIMES more preferred shares outstanding than common shares. A little Due Diligence will show that ONE SHARE of preferred is worth a bucket load of commons.
No one seems willing to acknowledge this fact that comes DIRECTLY from DKGR and their released, UNAUDITED, UNFILED with ANY REGULATORY AGENCY financials.
Your whole position that this company is profitable comes solely on the words of the company and is totally unverifiable.
Common stock: 4,950,000,000 authorized at
12/31/15 and 50,000,000 at 9/30/16;
par value $.0001; issued and outstanding:
4,918,611,843 at 12/31/15 and 13,990,437 at
9/30/16
Preferred stock: 50,000,000 authorixed, $.0001
value, 37,484,000 issued and outstanding at
12/31/15 & 37,479,850 at 9/30/16
But don't forget!
We have 3.1M in Purchase Orders!
We are profitable!
LMAO
Bio, how many puzzle pieces are we up to now?
We might qualify for Guinness!
I didn't realize you and Adam were on a name to name basis.
Interesting twist.
I'll drink to that!
They always talk about a "short squeeze" but it doesn't seem to happen much.
Wouldn't that be a beautiful thing to see?
I was referring to the point that started our conversation, which was that PPHM is a startup biotech company.
I don't think (but could be wrong) that the majority here would label them a "start up".
In regard to the test kits, I hope that they succeed spectacularly! I've just been around here long enough to know that references by Management and speculations made here have a good chance of never coming to "fruition".
I hope it's true, but I'll wait for further proof before dancing a jig.
It was a statement laden with sarcasm based on Kings words from over a year ago. I bought that would be obvious.
That is not relevant to our differences of opinion on the trajectory of PPHM or the post that I responded to.
What I said is that I appreciate your optimism but disagree with the rosy picture that you paint.
I assumed nothing. What I said is that to ignore the past when defending the future is, to me, an indefensible position to broadcast an opinion from.
Yes, from good past decisions, and bad ones as well.
Happy I was able to introduce you to a new word.
This is a typical mantra repeated by believers who are not swayed regardless of the blow (or the current facts).
To stand tall and pretend that the past has no relevance to the future is, IMO, not a defensible position.
And it doesn't really matter if you disagree either.
I appreciate your enthusiasm but you seem to be in the minority. My business acumen and experience with this stock makes me a little calloused to "high hopes with no foundation" posts.
Bio, I'm not sure there are many left that doubt a RS, even those here. Your belief is commendable and you being correct would be more profitable to me than if you are wrong but my stock and business acumen says "thanks for the high hopes but it's time to face reality".
This is not a measured plan by Management. It's more of the same old thing.
And if not this year, certainly next!
I was secretly told by a high ranking member of the BOD's that a partnership is Imminent! Please don't share that with anyone.
"Speaking of Jay Flatly"
I didn't hear of anyone speaking of Jay Flatley?
Who is he and what tangible connection does he have with PPHM"
I appreciate your enthusiasm, but in this case I have to agree with the statement that you are responding to.
To call a 30 year old company a "start up" is not (IMO) relevant to PPHM or its current situation.
That's a disturbing chart.
Trading at one hundredth of a penny spread again.
Thai is just so crazy given the recent volume and price.
EDGX carrying the big blocks on bid and ask (again).
"lots of scare mongering going on
Dkgr is profitable"
NOPE!
"cash in the bank"
NOPE!
"tight float"
TOTALLY NOPE!
"orders coming in"
NADA!
" shipments going out
NADA SQUARED!
"filings update to date"
You're killin' me Smails......
"no pete or clay"
Who are they?
"they are not going out of business or shutting down"
Now THAT you are correct about!
To da Moon! Go DKGR!
For once, we agree 100%. Well stated.
Kabul is running a PO Box and a scam.
You're right about one thing.
It IS profitable....FOR HIM!
Bwaaaaahaaaaahaaaaaa!
Say it's not so!
I love hearing about how this stock is finally turning around.
I heard we have LAUNCHED to 13 profitable quarters, and at first I didn't believe it but now that it gets stated here 18 times a week I finally understand that it must be true because, by golly, it gets said over and over!
How could I have been so blind?
Well, the first prediction was totally wrong so I guess that invalidates everything after it.
I keep seeing edgx throwing large blocks up at or just above the ask.
I'm seeing blocks of 10K on Nasdaq sales that aren't showing up on my TDA LII on my IPad.
A little while ago it was showing the bid higher than the ask for about 10 seconds.
Weird.
Rut Row!
Down over 30%!
I think something fairly significant is near term and that the word is beginning to leak, causing the move up that has been occurring over recent trading days.
Nice to see the bid over .40!
Wook, Moffitt is in Tampa on the USF campus.
AWESOME court document regarding KABIR and his past "discrepancies" in the textile business.
Legal documents detailing how he was only the receiver of shipments but altered the Doc's so as to show him as the Consignee, or purchaser (Panjiva, anyone?).
Also details regarding orders made on his word that actually did ship but were never paid for. You see, it was arranged that they would ship but he didn't have to pay until he took possession!
What a great (Bogus) way to make it appear as if you have shipments coming in but they are never paid for!
All of this written by a FEDERAL JUDGE!
https://www.gpo.gov/fdsys/pkg/USCOURTS-ilnd-1_09-cv-03301/pdf/USCOURTS-ilnd-1_09-cv-03301-0.pdf
Launch, READ YOUR OWN LINK!
You are ABSOLUTELY WRONG!
What I provided, showing over 44 Million Shares outstanding, is a "cut and paste" from YOUR link!
I'm not concerned, I was just correcting the incorrect share count that you posted.
Something else of note in the info from your link. The 37 MILLION Preferred shares outstanding were not reduced by the RS, as they were excluded.
Wasn't that nice of Pete not to reduce his holdings while he scalped everyone else?
Oh yeah, one more thing. "Authorixed"? As I stated before, the statements are fraught with errors, typographical and otherwise. They would be laughed at by any reputable accounting firm.
Launch, it is ABSOLUTELY CORRECT and is taken from the link that you provided in your post.
You should try reading it:
Common stock: 4,950,000,000 authorized at
12/31/15 and 50,000,000 at 9/30/16;
par value $.0001; issued and outstanding:
4,918,611,843 at 12/31/15 and 13,990,437 at
9/30/16
Preferred stock: 50,000,000 authorixed, $.0001
value, 37,484,000 issued and outstanding at
12/31/15 & 37,479,850 at 9/30/16
Paid-In Capital
Your share count is WRONG!
Sub-penny again and heading down!
No one wants to buy this toxic stock!