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lol! dilution! Since Oct 18 th R/S this hasnt even had a combined trading volume of over 20 million....so impossible that these 90 million shares diluted onto market...! Even better these shares now WILL NOT BE DILUTED ONTO MARKET FOR NEXT 6 MONTHS!
....and THEY HAVE NO DEBT.........!
...maybe trend will continue and we will get another meaty PR this Friday. The wheels are in motion here....out of nowhere big news could now hit from what they have been hinting at in regards to them being ready for full commercialization of their now "perfected" product....
....we shall see....this one still trades like a super low floater so could get crazy in here if right news hits....
17 people in survey now: what then happens when news hits and even just 17 more want in at the same time? Or even 5 lol! people? ... The reality is that there could be 50 or more peeps wanting in when news hits knowing how small the float is, especially after 150,000 volume spikes it up from .06 to .20.
It sounds like it took only like 2 or 3 people on this board today to buy at the ask and drive pps way up!
....just plain crazy....and there has been no news of any real kind yet......when it does:
kkkkaaaaaabbboooooooooooooooooooommmm!
Aspirin lol! is an FDA approved drug....probably the most used and tested and medically known drug on the planet. Yes, this is a soluable derivative of aspirin, and have been refining the exact formulation for not even 5 yeras....but 20 years now.
Yes, they have had FDA warning letters almost 15 years ago....hence Howard has taken 17 years to finally perfect his formulations. From all the info we have now looks like they have the right formulations and packaging....and facility. To bring up warning letters from 15 years ago means little imo....do you still drink Perrier or Pepsi because of the contaminated product scares 20 years ago? Its called R and D....thats why this stock trades in pennies right now and not in dollars ... if they perfected their formulations and product 15 years ago this would be trading on higher exchange and in dollars imo. So yes this is a risk like any other penny play....but the upside potential now that they have 'perfected' the formula is tremendous....
...with great news and ONLY a million in volume...this one is goooooooooooooooooone! Talk about perfect timing too with what just happened with FOGC that has a 700 mil O/S!! The A/S here is less than 15 million?!?!!!!!
Keep up great work....you are our point man getting it done and deserve all the $$$$$$$$$$$$$$ coming to you!
BMGI : news coming and chart setting up for third rise....DD this one.....good time imo to get in...
...keep eyes on VOXR next couple weeks...R/M mining in play with 13 mil A/S! Check out board....float is 3 mil with much of thatbeing held.....FOGC -like scenario imo....
BMGI : longer term investors wanted...PharmStar has painstakingly developed for the last twenty years the best way to deliver aspirin to the body: ten times faster and also acts as an antacid amoung other superior advantages over the Tylenols and Bayers of the world. DD Aquaprin, PharmStar and the new Chairman and CEO Howard Phykitt who BTW:
Mr. Phykitt has extensive experience in the design and implementation of pharmaceutical manufacturing products.
Working with companies such as Monsanto, Warner-Lambert, Durkee Foods, Johnson & Johnson (McNeil), American Home Products and many other pharmaceutical companies, Mr. Phykitt has been tabbed with the bringing a litany of current name brand products to full production.
He began his career with Teledyne Isotopes, developing systems for the detection of radioactivity in the late 50’s. He moved into the pharmaceutical manufacturing industry in 1975, developing granulation and coating technology that is used today by companies such as Eli Lily and Glaxo Smithkline in the production of pharmaceutical products.
In 1984, Mr. Phykitt founded Granutec, Inc. where he developed fluid bed micro-encapsulation for use in the pharmaceutical and agriculture industries. By 1988, Granutec grew to $6 million in sales, and from there to over $40 million in sales by 1990. In 1993, the company had grown to over $60 million in sales to companies such as Walmart, Eckerd, Perry Drug, and Rite Aid.
By 1993, Mr. Phykitt began the research and development of a safer, more effective delivery of aspirin products. By 1997, he had received 3 patents in this developing, and through various vehicles and personal investment, began perfecting the development of Aquaprin.
After over 17 years of researching, testing, patenting and developing Aquaprin, he is now ready to bring his most important work to the $30 billion pain management industry.
Mr. Phykitt is a member of the American Management Association with fluency in FDA regulatory affairs, quality control and manufacturing.
Mr. Phykitt attended Columbia University.
http://www.aquaprin.com/
DD this one if you havent....initial sales are to begin soon.....pain reliever market is 10 BILLION in U.S.! ....and Howard is bringing to market THE BEST ASPIRIN ON THE MARKET. 2011 and beyond look very good for this company.....the substance and expertise are here, and the O/S last reported tiny @ 10 million, with a 50 million A/S.......
Great point! If this was a start up, and PharmStar was just beginning to develop their product...there would still be imo a lot of buzz because the pain reliever and aspirin market is so big (billions), and Aquaprin has the promise to be the best way to deliver aspirin to the body. I like the Blue Ray / DVD analogy I used the other day: DVD's are great, but everyone knows that Blue Rays have better quality picture and sound. Same thing with Aquaprin....their intent is to be 'the Blue Ray' lol of the aspirin world.
....it almost seems unfair that we get to invest so cheaply on a twenty year long fully developed breakthrough aspirin product...we didnt have to wait for years, for FDA approvals, for a new facility to be built: we simply in the last week have been handed on a silver platter this Aquaprin product NOW PERFECTED AND NOW READY FOR FULL COMMERCIALIZATION.......good stuff!
...look for another run to commence tomorrow....this story is only on the first chapter of what I think will be a long book. All the good news....all of it......lies in wait starting in 2011. I cant think of a better long term investment in pennyland than this for those interested.
Heres second reply about filing out today....just a typo lol!:
FYI...the filing that showed up today was actually a correction on the previous filing. Howard was inadvertently listed as "Dr." , and it was corrected and re-filed.
----- Original Message -----
From: Xxxx@xxxxx
To: investors@pharmstarinc.com
Sent: Wednesday, March 23, 2011 6:23 PM
Subject: New request information
Guys I got a couple email replies from IR. Here is first one, on my question about market maker FANC showing up. FANC is a known diluter mm....and I am glad to get the following response:
We are not doing anything as a company with FANC.
Lots of profit taking today, which is to be expected based on the increase in value this week.
----- Original Message -----
From: Xxxxxx@xxxxxx
To: investors@pharmstarinc.com
Sent: Wednesday, March 23, 2011 6:23 PM
Subject: New request information from Pharmstarinc.com
Dear Administrator,
There is a new investor request information received from Craig on Pharmstarinc.com.
Here are the Details :
Name - Craig
Email - Xxxxx@xxxxx
Details - I saw market maker FANC show up today...very concerning as they are known to dilute........please dont kill all the goodwill and momo. Ofcourse you need to raise funds, but if you PR it it will be understood.....FANC has killed many a stocks pps in the past.....
--
Thank You,
Craig
VOXR has less than a 15 mil A/S and O/S too! Any kind of R/M and how fast would the ASK move up ? ....the float is only 3 million which was recently confirmed by you, and probably at least a million of that is now being held...thanks for being very proactive, and looking foward to seeing what happens.....(I of course hold some of these tickets for the ride as well....)
.
BMGI has no newsletters pumping it too, which is nice. There's only been several guys 'pumping' it on their own like you, me and mszarif that I can tell. But what we I think are really doing is alerting the penny world that there is some seriuos money to be made via BMGI because it is now PharmStar, the makers of a new and better kind of aspirin Aquaprin that will soon hit the market.
No one really needs to be told that the aspirin market is in the billions of dollars....but what they do need to be told is that Aquaprin is basically like aspirin 2.0: works ten times faster as the technology developed the last 20 years perfecting it makes it completely dissolve into water for this much higher absorbing rate; it acts as an antacid at the same time which is basically the opposite of what modern aspirins are and do; it is safe for the liver - something Tylenol cannot claim; it comes in different flavors; and it contains more aspirin derivitve per mg than other aspirins.
Again let it be known: they have spent all this time and money to bring out the best and most effective aspirin on the market....the equivalent is like broadband over dial up or Blue Ray over DVD imo. When you have the best product it at first takes time for people to catch on....but soon it becomes the standard....and that is exactly what the inventor and new Chairman and CEO Howard describes his intentions for Aquaprin in this huge market: to be the gold standard.
....I just still cant believe BMGI had the sense to buy this company, though it sure looks like a R/M like you say as they have cleared house of all old officers and directors, and took over basically a shell of a stock that had a huge reverse split last October....leaving like 10 million O/S !
So longer term holders we are looking for you to DD this and consider riding this one through the next several months and beyond.....of course as long as they dont dilute the chit of it and kill all the goodwill and momo going on now.....
Me too. This stock is going up on its own merit. There are so many lucrative aspects of the story here that one almost doesnt know where to begin....I find out new info often, or more carefully reread something I didnt pay close attention to first like:
-- The result of this research and development is AQUAPRIN. It has been approved for commercialization scale production by the FDA, and will become available to the retail market in the coming months.
In addition to the initial AQUAPRIN product, Pharmstar also has other products in various stages of development using the AQUAPRIN technology. These products are:
AQUAPRIN™ Migraine strength
AQUAPRIN™ Pain Away Headache Relief
AQUAPRIN™ Daily Regimen
AQUAPRIN™ Instaprin for emergency use
AQUAPRIN™ Sport
AQUAPRIN™ has been approved by the FDA All Patents Pending --
I mean the potential when the product and its new technology penetrates the 10 billion dollar pain reliever market is epic imo. And even better is that Howard has already brought via invention new technologies to the drug and agricultural world in his career -- technologies like granulating and coating technologies used by Eli Lily and GlaxoSmithKline....and fluid bed microencappsulation he brought to the agricultural and pharmaceutical worlds...! I think many of his peers will be interested and not surprised BTW in his now new success with Aquaprin: its the perfect culmination and crowning to his career.
So as long as they dont dilute the chit out of it - there is every good reason for me too hold until there are bad reasons not to...and I dont see many when looking at PharmStar, Howard and the specs on Aquaprin and its impending release to market...
BMGI breaking out....3.2 mil float, 9 mil O/S....accumulation, RSI and pps shooting up.....on a technical alone imo this is going to spike tomorrow......though when you read all the DD about their new PharmStar aquisition and its lead already FDA approved product Aquaprin....this could run and run in 2011 and beyond.
Why? Simple: Aquaprin has been in development for last twenty years by BMGI's new Chairman and CEO Howard, and is intended to be the most effective and best aspirin product on the market. It absorbs into the bloodstream ten times faster than any other aspirin because you dissolve it into water....and also acts like an antacid - other aspirins actually can cause stomach achs. Anyway do some DD on Aquaprin, PharmStar and Howard the new CEO if you have time.....
....here is OTC markets O/S info:
http://www.otcmarkets.com/stock/BMGI/company-info
Watch for big move tomorrow......but imo a bigger move into summer and fall as Howard has finally in his words "perfected" Aquaprin's formulation, and production is ready to go at their new PharmStar facility....and sell this novel and superior aspirin into the U.S. $10 billion pain medication market.....where of course aspirin is king.
...thanks!...I was view 39....i wonder how many views will come from this board?
Chart wise we are imo about to do a Jim Morrison: break on through to the other side !
Thanks! ...and I love how 20 K shares drops this by a third lol!
...super, super, super low floater indeed.
.....when the news hits the ask might be going up in units of .03 haha!
Yeah market cap is tiny right now under $300,000. Ten times that and its still only $3 million, for a product that has the intention to be the best form of aspirin on the market! If it captures only one percent of the 10 billion dollar US market share that woud still be 100 million....this would then easily be trading in the dollars if they dont recklessly dilute.
Also keep in mind that the float is tiny and trading like it.....according to OTC its 3.2 million with O/S at 9 mil or so....!:
http://www.otcmarkets.com/stock/BMGI/company-info
If XCHO with at the time a 40 million float can go from .015 to .50 in six months from early August 09 to early 2010.....what could BMGI do with a 3 million, 5 million or even if they dilute say a 10 million float? I bring up XCHO because when the market realized that they would soon be distibuting a unique pain medication called Cobraxin it shot up to a dime, then 6 months later to .50. And XCHO is only the distributor who has the marketing rights to Cobraxin....BMGI OWNS AQUAPRIN AND OWNS THE PATENTS.
....and as we all know it doesn't get much bigger in the world of drugs, otc drugs and all other medicines known to mankind then: aspirin. And when you read the .pdf files about how Aquaprin, which is already FDA approved, is superior in every way to yes even the Tylenol's and Bayer's of the world.....with a market cap and float this tiny..........who knows where this one could go?
BMGI filing out: new officers and directors in place!...If you've been following my posts here, about once a day I have alerted board on the potential here. As you read in the form to they are changing their name to PharmStar, the makers of Aquaprin.
Aquaprin has been developed for the last 20 years by BMGI's new Chairman and CEO Howard, and: it is already an FDA approved otc drug; PharmStar has a new facility where they can now produce large quantities; they own the patents; Aquaprin is at the same time both 10 times faster to absorb in the blood stream as it is mixed into water (with different flavors offered) - and it acts like an antacid which no other aspirin can claim. Also it will not harm the liver like some current aspirins can like Tylenol.
What i have been and am saying is that Howards lifetime work is not to merely bring to market another good aspirin: but to come to market with the best one. THE BEST ONE. Pain relievers in the US alone are a 10 billion dollar market....to come to market after 20 years and millions in research with what Howard calls now his "perfected" formulation is a big deal.
But dont let me tell you....like I have been saying all along: at the very least DD this one.....take some time to look into it. The last reported float was like 3 million after a huge R/S last fall...and looking at the chart it seems like it. If your especially looking to put some money into a low float mega potential longer term investment or even mid-term play: look no further: buy on dips and follow the news in 2011...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61236231
I personally think that over the last 5 months since the huge RS that most people didn't wait as long as you ... and they sold. Looking at what the old BMGI offered I dont blame them....and who could have ever guessed that they would turn into something as established and lucrative as PharmStar the makers of a product as ubiquitous as aspirin: and a superior formulation at that?
Say that again to yourself and really think about it if your invested here for at least the mid-term: 'a superior aspirin formulation'...does it get more lucrative than this? I also think that many other old BMGI shareholders that were left sold the news last week in the .03's, again not knowing what we know especially after todays filing: all the old management and directors have been replaced!
...I like to look at it this way: if I was given the chance to conduct a R/M or an aquisition and actually had to sit and think about and then research the seemingly endless private companies out there, with the mountains of data, facts and figures to sift through....this company PharmStar would be compelling if I came across it before all this hoopla; I would have thought I found a gem. PharmStar is not too big to be bought (yet), they are just starting production on the now "perfected" Aquaprin formulation after 20 years of development, they own the patents, they have a new facility ready to produce large amounts of this novel product, and Howard, the lifetime developer of the product, has a stellar academic and professional background...I would want to do business with him.
Your patience Cowboy is starting to pay-off by mere luck really...sometimes things do work out!
Anytime you need to remember why your invested here in the days and weeks to come...just reread the .pdf file on everything to-do with Aquaprin.:
http://www.pharmstarinc.com/pdf/PharmStarInc.webpresentation3-7-11.%20Rev.3.pdf
Aquaprin has not been developed for so long to just be another player in the 30 billion dollar pain reliever market - but has been developed to be nothing less than the actual in fact superior product in the entire segment. In the file the information listed clearly explains the advantages Aquaprin has over all current popular forms of pain relievers....and why it in fact is superior.
Now all this seems so much like the usual pink penny BS we have seen so many times before, except for the fact that the inventor and developer of Aquaprin Howard, who is now our Chairman and CEO, has been developing this novel product for over 20 years which has cost millions of dollars in time, money and in research and development; the fact that their new PharmStar facility has already been FDA approved to manufacture the already FDA approved Aquaprin; the fact that the company already owns the patents; the fact that we have seen pictures and articles about PharmStar and its new facility that came out well before this aquisition last week; the fact that Howards bio is impressive and points to no red flags; and today the fact that this is starting to trade as you say like a low floater, as it is moving up easily on less than a million volume....
...its all right to get a little excited here for sure...!
BMGI...did you do your DD? ... Last week they aquired PharmStar which is a company that has been developing Aquaprin, flavored aspirin that dissolves into water and is both ten times faster to absorb and also is an antacid at the same time -- they have a new facility that has been FDA approved as well as Aquaprin for otc purchase. The last listed O/S after a RS last fall is 9 million with a float of 3 million.
...check the month chart ... it is trading like it. We all know the drill: as long as the company doesnt dilute the chit out of their stock, there is always a run up into initial sales. Only this market they are going into is a whopping 30 billion pain reliever, and Aquaprin has been developed the
last TWENTY YEARS and claims to be the 'Gold Standard' for pain relief therepy. The new CEO Howard, appointed last week, is the inventor too, and claims he has now "perfected" the formulations and is ready to market his product.
There is a lot of DD to look into if you have time.....here is an older article, but hints at what already might be happening now:
http://www.pharmaceutical-technology.com/projects/pharmastar/
GLTU!
The truly Great stock runs that we all know about, like VKNG, CDIV and TMSH more recently, almost always happen with low share structures like we have with BMGI. When we move intraday up 60+% on less than 500,000 volume before bid whackers....this imo is a very good sign of things to come. -- and all this just in anticipation of what is to come.
Folks, this is as good of a start as can be expected with the amount of info we have right now. Again as I like to say if they decide to not dilute the chit out of this new company, and start initial sales of Aquaprin even in the months to come, this stock has a very good chance of joining the above club imo later on this year....also with a minute O/S share structure of around 10 million as far as we know and float of even less (and its trading like it moving up big on small volume)...things could move much faster....we shall see......great day and close at .03......but either way the aspirin crumbles I am long on this one till there is a very good reason not to be.
....right now all the good news is in front of this one......
Great work as always....0 debt and under a 15 million A/S and O/S shell that is saying they are looking to RM...! I cant believe more people dont put at least a couple hundred in this imo.....the runup on any RM news in the weeks to come will be one to remember ---- VKN* did not have such a tiny S.S and in a week it went striaght to a dollar.
...also, notice that no one is selling lately? Miniscule selling volume as those who are buying are stashing their tickets away......
...thanks again and on behalf of the many lurkers and those who dont post that much: we do read every message and weigh matters in our mind....and enjoy the solid DD and proactive approach you are taking!
Diamond
BMGI...XCHO-type run in next months imo......have fun today board! Do your DD on this one this week....nice chart forming with very low share structure and huge upside for their FDA approved otc novel aspirin drug Aquaprin that dissolves in water....and has been developed the last 20 years by the new CEO for BMGI.
...could get interesting here real quick......we are awaiting initial sales......
...this is one of the more immediate things we can expect to happen according to the aquisition PR. But in importance not nearly as significant as share structure, financing, and initial sales starting imo....and if they will recklessly dilute or not of course...if they dont and initial sales soon start this one with such a small share structure and large market to sell to will fly.
Exciting week ahead to see what new info we all get!
Agree. If we get even a couple aspects of this new aquisition to come to light this week and its good news for shareholders - imo we break .06 and hold it. I like you will be waiting for such information, and like many others will buy more with the right kind of clarity and guidance.
...we shall see...cant wait for next PR or filing to hit!...
I have read your posts as you have been here legitimately a long time....and respect some points you have made. We do need more info on DM himself, share structure, financing, etc.....but imo its a good new beginning with the huge potential for Aquaprin, the last recorded tiny O/S, and the last two PR's in several days: one explaining in depth what the product is with a good website, history of development and pdf. files, and Fridays PR telling us that DM is not Chairman of Board and CEO, but the actual developer of the product all these years Howard.
... if the new company has put out two informative PRs in three days I am thinking that more information is coming up....
gltu
In this message that Im responding to that you sent yesterday Friday the day you were born on IHUB, lol, you very powerfully and clearly claim that "(the new CEO Howard) will never control the cash."
I dont know about you, but 'never' is a very strong word to use....in fact its an 'absolute' term. Either you then have insiders knowledge, or you are God, ...or you are in fact 'defaming' publicly this new company....
Later in this post of yours you claim that the smart play is to wait for actual sales, but as many of us know you buy in before these initial sales, and from everything I am reading they are almost ready to start selling....again we do need more information on this as well as many other things...BUT .... there is usually a big run up into these initial sales. And the sales don't even have to turn out to be that good btw.....GO*G ran last spring from .0004 to .06 with billions of shares based soley on the anticipation of big sales....They ended up not actually selling more than a few million in sales in 2010, but according to your smart money theory one would forgo this epic run up.....then wait till real actual big sales numbers come out ....?
These are pennies.....a lot of runups happen on the anticipation of initial sales....the bigger the potential market the bigger the runup....thats why its so exciting here if this proves to be the real thing with such a low share structure: 30 billion dollar pain medication market!
...can I have a witness lol!
Born Friday and all 6 of your posts are negative? Why havent you been on this board the last year if you wanted to warn people about BMGI?
Thanks for your warning.....should I PM you first before buying other penny stocks?
... will you not reveal why you are here? Are you actually telling people...adults....who trade in stinky pinky land that this company might be hiding information. Are you serious?
I suggest you trade the GOOGs of the world if you want complete financial clarity....to demand it from a penny stock company is quite ridiculous....
I am awaiting more information on this transaction btw....so have a starter position...the last two days .015 has held....if we break that and fall to .00's I will reconsider.....if we break .04's though we could have a run with right PR and clarity.... with the enormity of this aquisition I would not call it folly to begin a starter position here. This stock has barely been traded the last five months..... We are all here trading pennies, and no one should ever trade what they cannot entirely lose....
...Also, have you considered that maybe PharmStar liked the low share structure with BMGI after the last huge R/M? They didn't choose to be bought by a penny with currently billions of shares of O/S and A/S....
Yes: Howard please keep share structure low and this will run to dollars once your product starts selling! You have worked this long on it...forget these pennies....this should trade above a dollar and trade on a higher exchange if your product takes only even a couple percentage points of the 30 billion pain reliver market: AND YOU DONT DILUTE THE CHIT OUT OF IT, lol! Trust me if you clarify the share structure and keep it low with additional funding coming from additional sales this year instead of dilution funding.....this will run very fast to a dollar if the O/S is anywhere near the posted 10 million right now....
...and thanks for taking over.....we as a board cant wait to hear of new developments in the weeks to come!
Diamond
Yes: Howard please keep share structure low and this will run to dollars once your product starts selling! You have worked this long on it...forget these pennies....this should trade above a dollar and trade on a higher exchange if your product takes only even a couple percentage points of the 30 billion pain reliver market: AND YOU DONT DILUTE THE CHIT OUT OF IT, lol! Trust me if you clarify the share structure and keep it low with additional funding coming from additional sales this year instead of dilution funding.....this will run very fast to a dollar if the O/S is anywhere near the posted 10 million right now....
...and thanks for taking over.....we as a board cant wait to hear of new developments in the weeks to come!
Diamond
Guys DD BMGI this weekend....new company with tiny float and huge pain reliever liquid aspirin product about to come to market. New CEO and Chairman of the board PR'd today.....the actual inventor of the product....apparently no Dennis M. at the helm, which imo is good. PharmaStar is the new name of the company and ticker is supposed to change soon. Aquaprin is flavored aspirin powder packets thst dissolve into water.... that absorb ten times faster into blood stream AND acts like an antacid at the same time. Aquaprin is already FDA approved !!! ...It is an over the counter drug that PharmaStar has been developing for 20 years.....lets hope they got it right this time lol!
...if they keep the sharestructure low, this is going to a buck in 6 months imo if sales start. They already have put out two clear and informative PR's since being aquired two days ago...perhaps a sign of things to come. I am looking foward to a share structure update......we shall see.....but check out the board for more info if you want to.....
Thanks for all your DD and effort! reTAGit sounds like a good plan...man...next week could get very exciting if rumours of potential R/M candidates and their market caps start flying around!
Great DD...and also hope DM is not behind the scenes pulling some stunt. All signs are pointing in new directions either way though...and whats the last time youve heard of a .02 stock that has developed a product in such a huge market for over 20 years? Man are we lucky, as we step right in as the final product and all its testing, FDA approvals and manufacturing and packaging are done...again.....wow!
Huuuge news! This means that Dennis M is gone, and the guy who has developed the product all these years is now the Chairman of the Board and CEO? Wow.....seriously, wow - this is imo the best possible news to start off sales with, as it lays down a very solid management base....sounds like things are moving fast towards initial sales....and that PharmaStar will be also keeping us all updated every step of the way.........yes!
....DD this one over weekend and you will find out why I think this is a great stock to own for over the summer....as long as they dont dump!
BMGI news: new CEO! So the Dennis Mclauglin fears are gone? This is fantastic news then for the legitimacy of this new FDA approved Aquaprin company.....tiny float, do some DD over the weekend on this one!
Friday, March 18 2011 12:34 PM, EST PharmStar Pharmaceuticals Appoints Howard Phykitt as Chairman and CEO Marketwire "Press Releases"
ROCKY MOUNT, NC -- (MARKET WIRE) -- 03/18/11 -- PharmStar Pharmaceuticals, Inc. (formerly known as Big Star Media Group ) (PINKSHEETS: BMGI), which is focused on the manufacturing and marketing of the FDA -approved, Over-the-Counter (OTC) liquid pain reliever Aquaprin™, announced today the appointment of Howard Phykitt as Chairman of the Board of Directors and Chief Executive Officer of the Company.
Having spent the past 17 years researching, testing, patenting and developing Aquaprin, Mr. Phykitt is now ready to bring his most important work to the $30 billion pain management industry. In the 1970s, Mr. Phykitt developed a unique granulation and coating technology that is used today by Eli Lily , Glaxo Smithkline and others in the manufacturing of a litany of pharmaceutical products. In 1984, Mr. Phykitt founded Granutec, Inc. , where he developed fluid bed micro-encapsulation for use in the pharmaceutical and agriculture industries. By 1988, Granutec grew to $6 million in sales, and rose to over $60 million in sales to companies such as Walmart , Eckerd, Perry Drug, and Rite Aid by 1993.
In connection with the Company's new management team and business strategy focused on commercializing Aquaprin, PharmStar Pharmaceuticals, Inc. has launched a corporate website at www.pharmstarinc.com.
About PharmStar Pharmaceuticals, Inc. PharmStar Pharmaceuticals, Inc. is a U.S.-based drug development, manufacturing and marketing company and the innovator of Aquaprin™, an FDA -approved Over-the-Counter (OTC) liquid pain reliever. In development since 1993 with over $3 million invested to-date, Aquaprin™ is a liquid derivative of aspirin, and is now ready for commercialization. Aquaprin™'s unique, patent-pending formula is designed to dissolve nearly instantly in just 1.5 ounces of water. This enables the product to be absorbed into the bloodstream up to 10 times faster than traditional OTC pain relievers, and with little to no stomach upset.
Forward-Looking Statements Disclosure This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "will," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission . All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Contact: PharmStar Pharmaceuticals, Inc. 919-794-7000 Email Contact www.pharmstarinc.com Investor Contact: Email Contact
Source: PharmStar Pharmaceuticals, Inc.
BMGI ut....VOXR doing the VKNG thing....both tiny floats of under 5 million, BMGI with any news and volume could fly about initial sales and VOXR is a clean shell looking for a R/M right now....and has only a 13 million A/S....keep on radars...
...hey Stockseeker check out VOXR. Confirmed 2.8 mil float, clean shell being prepared for R/M...looks like breakout tomorow....and a 13 mil A/S....
...and one month chart of BMGI is prime....tiny selling volume last two days....I think most sold if they wanted too....rest are in for the ride....imo....