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He must be talking of the ones that put out false rumors as fact about WALMARTS ,BIG PHARMA, BIGGER WORLDWIDE HEADQUARTERS, that none have resulted in an ounce of truth. NOW THATS A NEGATIVE RUMOR
He cant be talking about the posters that after trying to validate past PRs only to find SEC violations in many, because they all have come true as not just rumors BUT FACTS. So those cant be negative rumors, just plain obvious facts admitted to by CEO.
I cringe when i see this part of PR that went out across MARKET for all to see, when you keep reposting. A new investor must be thinking, NO WAY am i touching this .
Didnt and doesnt have to be this way. But it will as long as HOWARD runs PHAR. Nothing personal, he could be leader behind the scenes, BUT AS A CEO OF A PUBLIC COMPANY if it is operated in the same unproffessional manner, it will fail. Might kick the can down the road a little if a little funding comes along, but CEO lacks the marketing leadership period.
I only try to refer to the abilities of running this public company when i speak of CEO. Dont talk about him personally.
I fell for the personality of a 75 yr old many that i compared to my granpa as far as trust. I got burnt going by that.
Its obvious HOWARD is smart, but he is so far out of his league in getting this thing to market as a public company, its not even funny.
Dont dispute your opening line!
Given them 15months with many shareholder updates PRs during that time. Have given CEO the benefit of doubt over and over until research done on previous PRs i found for a fact to be lies.
Miscalculating a PR is one thing, blatant made up ones, thats another
By definition" rumor "is just a story or statement mechanism, a forward looking statement not "yet" based on truth. A positive rumor thats once truth comes out IMO is as damaging as any, maybe more.
Its only when the truth comes out that it then can truly become a negative or positive.
After truth discovered on every KEY PR and the most important thing most seem to overlook, HOWARD has now truthfully verified that what was researched and validated on previous PRs is and was IN FACT TRUE. The rumor /statements/ stories were not negative but the truth. He has now admitted nothing was accomplished from other PRS.
This NEW PR has followed same pattern of non tranparency so here we go again.
Howard is pissed because his past PRs were uncoverd as false, so in the absence of the CEO skills to right the ship, you just blame it on a few board posters.
I would have loved to seen HOWARD handle this PR as suggested and maybe many might give things longer before doubting this latest PR., but even past ones sound more truthful than this one IMO
Thats CEO's fault for such a childish response and being so secretive in areas he could have very easily shared more.Thats what most every doubter right now wants TRANSPARENCY not SOS of saying one thing and doing another.
I am keeping it real. WHAT HOWARD CALLED NEGATIVE RUMORS that only came out AFTER PRS did, had nothing to do with the facts.
He has now conrfirmed every single solitary PR that came out before so called board went to a negative tone,, none of them were true or were fabricated to sound good. HOWARD confirmed, no one else.
Why would any CEO ever put in an opening line on a NEW PR that no one has heard from PHAR in months,,,"In the past i have been pressured to release PRs to help stock value only to see them reduce stock value. I will only publish press releases if they are significant" And this is the opening line???
What in the world are investors supposed to think about the awesome PRs in past that ended up being lies, this one in comparison sounds like a lot of IFs,ANDs &BUTTs.
Couldnt see past the 11am mark. Im very sure at 3:45 that will change higher.
But a fake painted higher that never gets any solid foothold is nothing anyone can write home about.
What would be nice is for CEO to perform as a transparent CEO should do of a supposed marketable product.
That way a run might occur for more than a day before stepping in quicksand again.
I know you agree.
By 11am PHAR SP will be @.0007 with very minimul volume.
Wanna bet.. Got my crystal ball out and i see Fridays intraday chart
I and many others care !!!!
Cant have it both ways . Keep it real
PHAR not going to PHAR with the expert chart reader you praised
What a difference 7 trading days make!!!!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76526354
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76842753
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76461005
Pharmstar Pharmaceuticals technical data analysis.
GLTA
With respect Jammer, if you will notice PRs wasted time with the UNPROFFESSIONAL childish ranting about how the board members that only question what should be our right to know,,,,,,,,Are pretty much the words that spewed from a non paid receptionist in an email, same ridiculous ranting....
Email was sent to HOWARD, return was sent by JANET with very old defaults . To me as SURGUY mentioned its beyond description how a CEO is handling himself in PRs and email response.
GLTU
I had found some of the information regarding LINFORD Antonio Brown "TONY when PR came out and didnt post because so many here are in COMPLETE denial as to the truth. Good DD never fails and Good job' Been Lied TO'
If you will notice on the find the best website you gave the link to,, He is listed as an INDEPENDENT CONTRACTOR ( reminicent of T Johnson)
All work history employments listed for BROWN have had SEC santions/fines. Even EKN has had multiple violations.
The new had an opportunity for HOWARD to do a 180 on this PR from the shady illegal PRs fro previous ones.
He and only he chose not to.
http://www.sec.gov/litigation/litreleases/lr19410.htm
http://www.securities-analysis.com/nasdr_data.php?eid=6380&tid=10599
http://www.ct.gov/dob/cwp/view.asp?a=2246&q=457908
http://www.ct.gov/dob/cwp/view.asp?a=2246&q=503380
http://www.rrbdlaw.com/enforcement-actions/index.php?cid=1&eid=142&year=2009
GLTU
Been in trips since MAY 10th
Is it a fair statement to say that the many that came on the board a few weeks ago and investors present claiming what a value this was/is ,with all the good news on horizon, that volume should increase with this latest claims in PR.
Volume average has dropped to all time low 10 day averages, you would think at these SPs and if those posting truly believed in claims made , JV included, they would be gobbling shares up, as one poster advised all to do.
IMO the believabilty of the claims made in PR statements is at the center of zero volume many days . Believabilty even by many that claim to be big believers are not showing confidence reflecting poor volume.
As far as Joint Venture, IMO you are exactly right. And it doesnt have to be with a PHARMA that would be able to run in synergy with its current products.
Ive mentioned before HOWARD as CEO should now realize that he cannot operate and MG a Public Company. Give up majority ownership to a group that can market and manufacture with needed skills to get product to market.
A PHARMA venture could easily backfire on us as investors, if product is absorbed and manufactured under new company, private or public. If PHARMASTAR ceases to exist by just going dark, so do our shares.
IMO GLTU
You can always tell when someone is trying to cover up somthing when they get furious when you ask or request information from a company you put money in.
You would think the idea would be to put the positives out there. If you say in a PR you are in a new office, tell its location loudly for investors to see PHAR is still operating from a business structure
What i find odd and worthy of bringing the subject up since you took the initiative as a smart investor to get info from horses mouth,, IS IF EMAIL SENT TO HOWARD, why would you be so cowardly to let JANET, non paid receptionist, respond to an obviously hotbutton issue.
Even questioning the manner of the logistics of email is well within an investors right if so much untruth has been uncovered in past PRs and EMAILS.
WRONG LOCATION GIVEN
NO ONE ANSWERS PHONE ,NOT EVEN A VOICEMAIL
FAX DOESNT GO THROUGH
Your email response mimicked the PR in substance and the anger for anyone that demands answers and are not satisfied being overlooked.
GLTU
Point taken. Thats why im very big on DD going beyond he norm once fraudulent activities have been uncovered. To easy for one activity to become catastrophic to stock very quickly.
Just for curiosity, is there any point that you would render charting for a stock unreliable and risky? Even though still benefits present in data ,when does it become a time bomb to rely on it when so many obvious disastrous issues have come to light?
You would expect then using that analogy on PHARMSTAR that the
last 2 months the vol. would have been above 2 mil only2 times with then latest 10 day average of .5 mil. SP has dropped during that time from .0018@ one point to .0006 at many points lately.
The gobbling you speak of has been more like nibbling. Not sure what trading data looked like for the 20mil day you spoke of in the other post, only that SP range was .0005 to .0012 range. Since that point nose dive on both fronts.
Most of the previous couple of months the .0009 trading days have come at the hands of sub $100 paint jobs of .0006 days, other than a a few days.
As i said , charts with analysis of technical data play a huge part in day to day trading. IMO with PHAR ,throw it out whether your trying to use it for those that were pre sub penny or post subpenny. Those that got in post probably have more reason to believe in data and trust it ,and be less likely to use PRs and financials and wont realize whats happened until PHAR hits zero volume for more than a week as it did earlier and SP never gets near their average,, and THEY THEN UNDERSTAND THAT BURNING SENSATION THOSE PRE SUBPENNY feel by not wanting to average down and piss away more money when bottom is not been reached IMO
I know you ,as others while accumilating your position with PHAR are well aware there have been no financials in 2 qtrs and the last one was horrific. Fundamental DATA ??
Everything for me is as well only an opinion. Hopefully we will stick to and are talking about only PHAR with our discussion, otherwise we are both wasting each others time.
GLTU
"First and Second QTR Financial results are being completed and will be published SHORTLY..
We had to use another group that is now FINISHING it and bringing financials up to date. "
As far as fowardlooking on this part, we should hear something very soon. Should have named the firm if they are just about finished. Sort of a slap in face of firm IMO to call them "another group"..
CEO /HOWARD needs to live up to this PR since he confirmed a forward looking statement to be filed SHORTLY and is just about complete.
The wait and see period should be short on this one.. Or IMO his credibilty is further shot to blank...
Take care my friend,
GLTU
"PHARMSTAR HAD to struggle through RUMORS& statements made about PHARMSTAR &ME on message boards".
New PR. should include CEO admitts RUMORS turned out to be indeed facts and thats major reason for company failure causing such negativity about PHARMSTAR.
"The lack of funding has been seriously effected by those rumors and negative statements on the stock and funding institutions"
New PR Since Lending institutions dont read message boards and no space on loan application for posting links to these rumors, I concede that they dont give a rats ass about these excuses of mine.
"Deliberate sabotage attempts on Company and me personally for reasons "i do not know"
New PR I do know, its because i put out those fake/false/misleading PRs and many of you lost thousands and thousands of dollars falling for them. I concede your'e not angered at me as a person, but at the pathetic job ive done leading this company as CEO of a public company.
""I still do not take any salary& and employee/partners take no salary"
NEW PR Im truthful in that ,but we are doing fine off the $500,000+ weve raised and the shares being sold by my employees/partners. I sure cannot account for money, have nothing to show for it so all i can say is,,thats no reason to be negative.
Think this NEW PR would fly??
IMO
GLTU
Very "sticky" situation. Never know if its wet or dry.
GLTU
The addition of the words," AND CAN BE EASILY VERIFIED" is a great addition to your post... GOOD JOB.
IMO that would be a game changer for the tone on board. Sort of "mean what you say", or expect shareholders that try and verify and find only deception to ,"say what we mean about findings .
The wasted opportunity to inform current shareholders through letter form,or web page or CC and do the blaming section,not waste PR time on, and then. put out PR in a well thought out manner THAT TOTALLY WAS VERIFIABLE, to new investors as well as current shareholders, is beyond belief for a PUBLIC COMPANY CEO scratching for a better market reaction.
IMO ,as you have said in your post and a well put previous post, the words used in new PR on current activities have little or no weight unless they can be verified.
If its legal from an insider info standpoint now that youve sent it across newswire should be no problem in giving FIRM NAMES .
Public Relations Firm agreement almost "COMPLETED. Say the name of firm if you found it legal enough to confirm on globalnews
wire..that its almost completed.
IF you legally without insider info put it in this PR that "new law firm/auditor has been hired AND FIRM IS NOW FINISHING FINANCIALS, that should be a no brainer to include firms name .
Even the wording "promising funding" with 3 firms for funding "FULLY", im sure would welcome their firm name, advertised accross GLOBALNESWIRE. Thats probably a stretch, but plausable.
For those that researched and verified previous PRs and claims and came up empty of truth, SHOW US VERIFIABLE info on current PR and and if found to be true and valid, im sure many will change posting tone.
Again good phrasing of your post!!
GLTU
With respect dmlabuda,, when you came through on MAY 8th a month ago with chart analysis for PHAR sp was .001 @3/4 mil as of this posting its .0006 @0 volume.
Charts are tremendously valuable and i use often ,even on some "shady" companies, so i do believe you in general.
In the case of PHAR, unless you put an asterick stating + or - accuracy of chart 100%, IMO you are leading people to trust in a wave that will drown them. I notice you dont use a default of trade at your own risk, not my chart analysis.. All should know that rule of thumb, but too many sadly dont. Some traders will take your word as written in stone because you do have a good knowledge od charts if company data is not ready to fall off cliff any day that contributes toward a degree of accuracy in chart reading.. PHAR ,AT PRESENT is like PALM reading and IMO thats unfortunate, because it could have been a great ride on waves.
You might not agree , but i firmly believe you have to totally throw out reliance on chart alalysis , when after a year the wave looks like a waterfall in the overall health of trading .
With detailed research by many, for the bulk of traders have conluded that all PRs have been fabricated to bump SP, so the investors needed that follow charts IMO have seen past , concluded that with zero change in transparency and willingness to change BUSINESS MODEL TO RIGHT THE SHIP. SAME OLD SAME OLD in latest PR of we are IN NEGOTIONS WITH,,ARE DISCUSSING THIS, RESEARCHING THIS, INTEND TO which is over a year old saying now, IMO the charts are out the picture as data needed to produce a reliabe trend or analysis is 100% innacurate.
There are some stocks you get burned on by ignoring current DD, resort to chart reliance, this has to be one, no matter how you trade.
GLTA
Should know me well enough by now that i have not and do not go for the BS strategy.
IMO Thats what the problem has been and is with PHAR/HOWARD/ ===MARKET REACTION..To much BS spread thick and not enough of a business plan/model that adapts to changes, setbacks etc.. "BBB" BEG,BLAME AND BS,, All IMO
My post was in reply to 29624/29590 suggesting a vote of confidence of buying at ask if explosion ,new deal any day was immenent any day. Please read those posts so you will get that warped feeling of me you posted out of your head.
My post was very serious but not intended so in the way you are thinking.
Hopefully were good, my bad if i was unclear
GLTU
With all the new ones on PHAR board which are always welcome, just wondering if through your new research and knowledge and new found confidence of an explosion.....WHY not prove your obvious confidence by buying at the ask to get this BIG GOOSE EGG off the table, and get the train moving..
Should be confident based on inside knowledge of huge things any day . Still many days are at zero volume. Not matter what the volume up is you would think the shares would be taken like wolves finding fresh meat.
Should be at 1.5 mil right now . Sure HOWARD if he saw the need would unload a titanic load to spread around.
GLTA
http://www.otcmarkets.com/stock/PHAR/quote
You do know most are aware that you dont just pick up the phone and call the SEC and they give out that information. Against the law on a PUBLICLY traded company.
SEC whistleblower you may have just become for poor ol MARGARET in regards to investigation with PHARMSTAR PHARMACEUTICALS or HOWARD PHYKITT
GLTA
Is BABATUNDE still with this company? Your informant is amazing.
Didnt mean to use the invisible ink ,but will address your reply.
ANYONE that puts the packaging issue in perspective for even 1 minute, thats all it takes to conclude that ECONOMICS has zero to do with samples&packaging in the case of PHAR.
If so, how do you explain putting $87,000 down on a building, that the specifics of how to pay for were not worked out, payed out close to $100,000 grand and skipped out on $18,000.
NOW THATS WHERE THE ECONOMICS card can be played, not on samples, to present product in the most proffessional manner possible to medical field, retail etc.
If he has a small lab as openly quoted by CEO many times, samples of his product that he is pushing for funding, should be very high up on priority to put a good face on his product.
Batch size claim that caused ridiculous, "open another companies product, crush and blend some of his and cover right over label and reseal",, well that just fails the ECONOMIC test and passes the fraud & unproffessional test.IMO
Good ECONOMICS and Intellegent approach to achieve phase funding after IPO would be to have took that $100,000 blown on a building and could have took care of most critical area of all to put forth product in the best position to raise funds.
3RD PARTY VALIDATION of AQUAPRIN. Good economics would have been to take $8 to $10,000 to get validation (this is not clinical trails) instead of putting $87,000 down on a building ,would be 10000times more valuable to be a catalyst to raise funds after IPO, than getting in a building with no realistic measures in place to be able to stay, other than hoping one of the fake PRs would cause a SP spike,, (unable to even produce samples) COULD EVER DO.
Instead of using good economics of using funding to get first priorities done and behind you, Validation by 3rd party that this is the product i claim it to be, putting forth the best effort on presentation to public which includes proffessional samples, CEO has and still uses the other method "BEG &BLAME...
Beg for funding and investors to invest in a product that I SAY does work, but not yet tested.. EVERY PR put out fails to help SP or BANKS turn PHAR down,, so CEO/HOWARD blames it on the evil force behind message boards. NEVER considers game plan is all wrong, or does CEO know something he is not telling ..
Exclamation point!!!!!!!!!!
Ive read all that Snizzle.
Your exactly right SNIZZLE, when you say some dont realize the implications of their actions.
Big key is for me HOWARD/CEO OF PHAR and these thoughts seem to totally absolve himself of any cause of failures to date and the MAIN reason for the tone of many on the board. Blaming it on others IMO doesnt give a free pass and using the been bullied sentences. Its if HOWARD is put above being classed as SOME .
IMO the "greatest" damage was done when the PHAR board for the most part was very positive, by putting out false, fabricated borderline illegal PRs . Once validated by many investors, IN THE ABSCENSE OF GETTING ANSWERS FRO CEO,, the whole tone of board changed, and rightly so. IF PHAR/HOWARD had addressed issues maybe tone could have changed.
In the trading market reaction to PHAR, on just ONE of the PRs, DO YOU think putting out the PR on 'Worlwide Distribution Agreement with "AMS" with a $5 million initial contract and a purchase of shares,,,only for that to be verified as a nail salon, with proprietor knowing nothing about a contact, never purchased a single share, and no liscence to even distibute drugs, only medical equipment,,,,OR,,, about 4 or 5 from each position on the board in a pis-in- contest.?? WHICH DID THE GREATER HARM AND IS READ EVERYDAY ON LATEST HEADLINES BY NEW INVESTORS. Are they considered bullies if they do DD and discover truth??
Most investors understand that happens on every board, but rather depend on personal DD before loading money in.
IMO HOWARD had a chance several months ago to improve board tone, but didnt feel the need,, he had an opportunity to change the tone of board by not bashing posters and covering up information that just maybe would have improved tone of board, on the current PR you mention, chose not to. Thats why you see board reaction unchanged and market reaction unchanged IMO
Await your answer to question, quoting HOWARDS pr please dont do.
GLTA
With respect IMO to your opinion every situation has two sides of the story.
IMO any shareholder, past,present and most importantly future are legitimate shareholders.
The odds are the largest shareholders are the ones demanding answers to serious questions about how this company has been driven into ground in a year. They have the right if answers are not coming forthright from CEO.
Most that cover over what is obvious many dont want to rock the boat thinking a message board has impact of running a succesful Company, therby hurting SP. IT HAS ZERO impact in the scheme of things.
The only time the message boards have an effect is when A CEO of a Public Company with IPO a touch over a year ago, sends a PR out for entire trading media to see A CEO meltdown talking about being bullied and thats the cause of all the issues of demize of this Company. Still cant believe HOWARD had to add that to a PR...
All legitimate shareholders should be furious after all these months of proven deception in PRs, that this is what we get. Howard chose to add this ,was not encouraged to do so, just shows skills of running a public company, and that IMO has had the largest impact on whats happened to PHAR, not the message board.
This boards opinions come from legitimate shareholders in a free society,, but fact is MOST all own shares. Doesnt do HOWARD/PHARs situation any good at present.. HOWARD ADDRESSED the wrong group if he wants the world to know 4 or 5 disgruntled shareholders brought this company to its point now... His PR should be after those that have NEW money but whose DD must result in truth and facts. Could have handled temper tantrum off microphone so to speak through letter/web/or CC to CURRENT shareholders. Left PR to speak of corrective measures and current plans...
GLTU
I agree with capitalizing IS, as you did. Thats where HOWARD/PHAR are altering/fabricating the actual facts ,by claiming AQUAPRIN IS.
Doesnt change the product if they just tell the truth and tell it like it is.
Otherwise, DD people like yourself go to FDA data base and when they see NO AQUAPRIN, it starts wheels turning as to other areas of twisting the truth.
Should say that AQUAPRIN will be produced under FDA monograph system. If ingrediants are not altered and labeling reflects ingrediants potiential it can fall into that class.
Even the ingrediants used may or may not be FDA approved through clinical testing or/prescription phase, but over time FDA has deemed them "SAFE".
To be honest im not sure asprin itself is,, due to coming decades before FDA. Can find 100s of drugs using asprin but not ASPRIN (acetylsalicylic acid) itself as FDA approved drug or just considered safe overtime theryby allowing it in the MONOGRAPH class of OTC drug. But probably wrong and not digging deep enough. Curious though!
Take care GLTU
Were good!! I like you when i opened link and saw that 2005 reporting i new that was old news and EDGAR was wanting to trick us into getting current financials by subscribing for a fee.
We both know when that was this JAN and how painful it was to look at.
Take care GLTU
Nope, not missing a thing.
Just posting link for what i thought was a newswire about financials and said to myself, WOW dont believe this at all.
It was only when i opened that i realized it was EDGAR ad for subscription. They dont realize PHAR has nothing to pay them for that we dont already know. THATS nothing on financial front reports.
Yea im aware of length , so this was just a post, no meaning thats has any relevance to be taken from it.
http://finance.yahoo.com/q/h?s=PHAR+Headlines
WOWZA I thought, but i believe just a solicitation from Edgar for subscription. They must not be aware of no revenue for over a year, filings looking to bad to file to keep current.
I think all doubt started unraveling when all the important PRs were researched and found to be fabricated. Going completely dark for 6months and skipping town should for most prudent investors, removed all doubt.
But why in the ---- would HOWARD CEO use this opportunity to open the PR crying like a child, blaming everyone else and taking no responsibility for piss poor operation strategy and MGT ability many months ago to correct the path PHAR was headed .
And you open the PR for all media with this ridiculous rant and expect the latter part to carry any weight, for the life of me i cant fathom this and still call yourself CEO.
Ridiculous to EVER claim that this was a letter to shareholders, not designed to spark interest in outside market reaction ,, not just current shareholders,,, That would show even more the lack of skills to manage a PUBLIC company...
..With a handful of investors, by some stamps and send a letter to shareholders to go on a rant. Use the web site or facebook to rant. Dont waste a golden opportunity on this.. But use the PR to media that express current status of company and due to situations under my leadership that are being addressed, we issue the following as projects we are working on and updates on website will follow.. Shareholders will also updated on more frequent Conference Calls.
Then thank shareholders and offer regret for staying dark.
Golden opportunity missed just to create a tiny spark. This would never have generated much, but just a spark is better than ZERO.
I see what you mean on all the I and INs and We are uses. If you notice Howard uses a play on words found in the SAFE HARBOR ACT statement at the end of each PR.
GLTU
Yea i do get your point, just have a little different one that might offer a little life to patient thats in a comma before plug is pulled.
Believe me there are some marketing firms that can move camel poop as a cancer cure. But again as you say ,with past track record and deciept from the start of this try,,, the camel poop has got a leg up.
Just wish HOWARD would realize this method hasnt,isnt and will never work, SO reboot, do a 180 not a 360 and turn over reigns to skilled team giving them at LEAST equal partnership.
Way i look at it 50% partnership with a skilled market savy team is better than 100% of nothing,if they can get it to market But HOWARD/CEO has to suck it up and offer huge chunk to an investor/investors that know how to run a public company. BUT ALL THIS HINGES IMO IF PASSING OR FAILING 3RD PARTY VALIDATION OF ALL CLAIMS THATs STAMPED ON AQUAPRIN PACKAGE. Otherwise ,just a novel idea that may or may not work. That doesnt matter if your stubborness to control all parts of operation have totally failed to get it to market for any "PAYING customer to buy"..
As far as the passing out samples that have not been tested, nor validated or processed in an FDA facility, i hope and pray HOWARD has a HUGE LIABILTY INSURANCE POLICY ,if someone gets sick or dies from contamination.. Very risky and IMO a lack of knowledge on many aspects needed to get all ducks in a row. Some are brilliant in some areas, ignorant in others.
Lets agree to disagree just a tad. Deal for me GL
"IF PHAR had been honest, transparent, and FORTHCOMING with information there would be NO rumors, speculation,,IMOs,,JMOs or doubt at all"
WELL PUT and as you say asking for the truth cannot be bashing.
GLTU
I do think it has a market "curiosity" IF and only IF CEO/PHAR can validate the claims by a 3rd party. To date has not been done .
Thats IMO is the only marketability interest for AQUAPRIN in the stock market interest/retail interest/medical field interest is if the claims are validated. Otherwise pharce buster IMO, you are dead right, the game will be over. This is IMO the last opportunity by PHAR to get this to market, based on its long history and still not to market.
I live in south and an old saying of putting wagon before the horse seems to hold true in PHARs/CEOs approach.
Why would you not FIRST get the VALUABLE tool of 3rd party validation in order to present to investors/financial institutions/medical market tour that this is the real deal, proven to do what it claims .
Would be less likely to get turned down over and over and over due to obvious risk factor, if it could possibly fail the claims validation by non in house 3rd party testing.
You and i would have a hard time getting a loan for a production facility to build gas engines that got 500 MPG based on word alone.
All the needed items, building,equipment, compliance mandates,marketing would IMO have a better chance by putting 3rd party claims FIRST PRIORITY.
GLTA
The reason not one single thing will be gained from this PR that could have had a decent impact is such a stupid and ridiculous statement to be made by a CEO of a public company for potiential investors to see. Very backyard and unproffessional. A golden opportunity shot to ---- IMO
Blame, blame and more blame that others are the cause of the the complete meltdown of a company in a little over a year.
Howard should ask himself, why in the first 6months did PHAR not
secure financing. The board was so full of pump and praise you would have thought is was liquid gold.
The fake,misleading PRs were not authored by anyone on any message board. Those PRs went accross to hundreds of thousands of investors and firms to see and do their DD.
That IMO is what seriously affected the companies ability to gain any credibility at all to raise capitol, not a message board . The large money investors needed, most never go to a message board ,so this pr that was encouraged to HOWARD to be pro active and positive, much of it was wasted on blame, with not one single reference as to mishandling of operation, with changes being made so as to better handle the items on the horizon we are hoping for. What a wasted opportunity by not swallowing pride and accepting some responsibility for failures to this point.
The funding needed from investment firms/investors dont give a rats ass about whats on a message board when it comes to needed requirments to secure funding. For a CEO, the lead figure in a company to put this (what you posted) in a PR for all media to see will cause way more damage to opinions of Financial Institutions/investors with very deep pockets,, than any message board with a handful of investors sparring .
Until Howard realizes as CEO that the method of operation has and is a failure and not use the blame game, any PR will have little effect. IMO the whole business model and new MGT structure needs to be changed and the investors need to hear that kind of leadership coming from CEO of PHAR,, and are looking for that.
The issue of funding seems to be front and center ( as it should) but big Investors of Firms look at the CEO and examine what in the hell happened to the $285,000 + that should have got this company going. Why would anyone be jumping at an opportunity to give hundreds more or a million and with same business model and MGT style and philosophies running the business. Wont happen IMO
You are 100% correct. For some time,months, not a human on published phone number.
Was able to get hold of number to reach HOWARD and i did reach him.
As just a matter of respect ,of anyone, i would not post on board the number. I would go as far as saying its a 252 area code.
But you are so correct, i tried for months, no response on company phone. As far as emails, it all depends on what you ask as to if you got a response. Ask for validity answers for questions about misleading PRs you were on sh-- list. No responses.
I do think HOWARD missed a great opportunity to come clean and offer better methods of investor relations as to company and not going completely dark again. I wish so much he would have swallowed pride and added this to the other possibilities that are on horizon stated in the PR, you would get a greater market reaction. IMO
I hope this will not be just a PR , but one that shareholders are kept in the loop.
GLTU
I hope as CEO that PHAR can operate under PUBLIC trading regs. To date, it has done far from that by crossing the line on whats legal and whats not by the SEC.
In this context, i think my last two sentences on the post you referenced makes perfect sense. I have learned how to get answers to some serious issues, without hesitation i can say this subject is real.
Encouraging HOWARD as CEO to come forward NOW and not continue to hide was also helped to happen by alerting Howard that knowledge of this HIGHLY ILLEGAL activity has happened, no rebuttal was offered.
This is not an idea but a fact. Thats why it behooves PHAR/HOWARD to right the ship in an above board manner with all investors in mind, or bad things will come out. This can be avoided if validity comes with his PR, a game plan front and center, and updating shareholders, otherwise if this goes cold again for months, all areas will be explored as to make ammends for illegal activity to some ,while nothing for most.
CEO had a golden opportunity if he would have addressed shareholders with the suggestion presented to him as to why such a negative reaction to his company.
Saying first and foremost that the way myself as CEO has handled this period by not informing shareholders, nor correcting false PRs i take full responsibility for, and from this day forward investor relations and sentiment will come first. Whether it is pride or something else the reason he excluded, i just dont know.
What i do believe is that this expression would have been more impactful to many investors rather than blaming others and more appointment changes.
But as i said earlier, he did come forward with a PR, but going silent again without updates will lead to a point of no return.
The purpose of the call was to get HOWARD to step forward now, not later.
Surely you would agree that it takes more than positive or negatives on board to turn this around. Howards word, not yours or mine.
I do hope all works, but again only person CEO can prove this PR has merit and going silent again, will mean quad zeros.
GOOD LUCK TO ALL
A select few was mentioned because a select few state on the board they have intimate knowledge directly from CEO. That in itself has serious legal ramifications if not privy to every shareholder.
And you are dead wrong if you say HOWARD/CEO answers all inquiries or emails.
As you say ,i would not expect him to converse or respond to what you call a basher.
But as a shareholder and a proffessional, im not going to ask him if flowers are blooming in the yard. A CEO should not pick and choose not to answer tough, legitimate questions about the status of this company. This is not a lemonade stand operation that CEO has bullies he doesnt like and calls them bashers and does not respond to legitimate shareholder requests.
I hope it wont be discovered that some have been issued shares to make up for losses. Could explain such a wide group of thoughts from a Company that thus far, has not shown promise.
Would not have mentioned anything if ,as was told, that my silence has in fact caused the reactions of boards, and i take full resposibilty of my actions. That didnt happen, but too much blame.
Howard surely must understand the only person that could change the tone anf gain support is he as the CEO.
I dont want a beef with anybody and could care less about what when where and how. I always post facts that i work hard on to verify FIRST.
Fact is if im going to use that procedure, i must as well post if i see something that offers hope that PHAR exists. This is a good thing for CEO to honor his word and put investors first.
But for me, PRs are a dime a dozen if not verifiable and updated with reasonable timeframes through many sources PHAR has , doesnt have to be a PR that costs a lot. If its been PRd ,its legal to update, through web page, CC, letters, facebook etc.
I wish nothing but a turnaround, but HOWARD has to prove this is not mere words, or many will react accordingly.
GLTA