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Dip66 - it is still NO BID
Looks like quite a bit of selling today AGAIN
Probably company shares diluting the share pool again.
Especially if the SEC suspends trading for failing to provide timely financials. Sure sound a little suspicious that they moved operations to Canada, even though Pillay is based in Cali and he is the agent in Arizona (state of incorporation).
Yep Pearlie did deals with this company. The SEC is really going after her. Since they are unable to find her, they are now publishing notices for her, after the court agreed.
They even caught here before she was able to change the ticker again. I wonder if Pillay (PYCT CEO) was intimately involved?
pumpers not even talking market cap, which is ridiculous at $0.0001, let alone what they claim this thing will run to in the next pump/dump.
I'm expecting a 1:300 reverse split, so the price can drop even lower. The SEC isn't letting many do the old divvy scam like Pino was doing so often. Just look at what happened to WSSE and XMET....LOL
hop - PYCT is at NO BID (accumulations....nope)
Just the same old Mario Pino sheep hoping the pump/dump comes quickly.
That's why we even have the paid stock promoters posting. They have tons to sell and would love to sell at $0.0001.
Another published Warning about PYCT
from pinksheets
Indicates companies that are not able or willing to provide disclosure to the public markets - either to a regulator, an exchange or Pink Sheets. Companies in this category do not make Current Information available via Pink Sheets News Service, or if they do, the available information is older than six months. This category includes defunct companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky.
Warning - This company may not be making material information publicly available.
If you are an affiliate, employee, insider, or any person in possession of nonpublic material information about this company, please be advised that buying or selling this security may constitute trading "on the basis of" material nonpublic information prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators of these laws are subject to civil and criminal penalties.
What is insider trading?
Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security.
Rule 10b5-1 provides that a person trades on the basis of material nonpublic information if that person is "aware" of the material nonpublic information at the time of the purchase or sale.
Affiliates, insiders, relatives, or other persons in possession of material information should use extreme caution when buying or selling securities on the basis of material information, particularly in securities where the company is not making adequate current information publicly available as a matter of practice.
Why is Pink OTC displaying this warning?
Companies that are identified on pinksheets.com as having “No Information” may be placing their shareholders at risk of violating 10b5-1 insider trading rules. Pink OTC Markets recommends that investors wishing to place a trade in such securities contact the company to verify it is making adequate current information publicly available.
PYCt stuck at no bid, but I imagine there will be a few suckers posting here that will get scammed into buyinf shares at $0.0001.
Dip66 - it is called manipulation and pump/dump.
They would love to find more people dumb enough to buy at $0.0001 with 20+ billion sjhares out, no financials, and no disclosure as to how they are making that couple thousand dollars cash on-hand pay fopr stock promoters and $120 press releases touting the papper being sold.
PYCT sitting at NO BID
Looks like the pump/dump crowd is trying to hype this so they can sell before PYCT does the inevitable reverse split.
cherrob - refer to message #23795 and #23809
and note that HRNF may apply for a patent, but it appears to be already owned by someone else.
HRNF may have to pay the patent holder a license fee for anything they try to sell or advertise related to delivery system (gum) and gum with antioxidants.
red gethtepaper claims he is not paid and has not got any shares of HRNF to promote it. Apparently just got stuck with shares after getting sucked-in by other stock promoters/boards
Those promoters got at least 1/4 billion shares from HRNF and a third party, per the info I saw.
So paper and PIZZA are stock promoters....no wonder they don't mention how they really feel about this dilution nightmare. They only make money if they can get someone to buy their shares.
redfisher -paper must disclose that conflict of interest, being a stock promoter, if he got even one share from HRNF or a third party....per IHUB rules covering stock promoters.
If you see the promoter doing differently, then the moderators should be notified.
No wonder paper is so optomistic. Obviously he has tons of shares to sell...to anybody willing to buy at these high prices.
paper - nope, market cap is already far too high at these prices.
Price will likely see $0.0001 and no bid as investors learn what Pagnano has been doing to the share pool (massive dilution)
Most will be happy to get out at #0.0003 or lower.
cherrob - resistance? are you kidding?
technicals and resistance/support do not apply to a company that has been dumping billions of dilutive shares and where almost all trades involve those dilutive shares being issued.
Do the math after looking at dailing volume trend and you can actually see this.
are you related to the banned MDSObirdie character, or did you just get shares to prote this POS?
Thus no financials issued. He'd have to reveal administrative costs, which would include his salary.
We'd also know a little morre (maybe) about how many shares he has been dumping to pay for services or promotion (or maybe a cut of the dilution for himself?)
RE: bogus patent filing
He also would not have told anyone he would be filing a patent application before the patent app was actually filed.
He would risk me filing a general patent application covering similar (but broad) ideas and requiring HRNF to license the patent from me before selling any product.
That's why I posted the patent search I did, where I found almost the same delivery system is already covered by a patent that was granted in 2003.
It now looks like Mike just put out that fluff PR to help dump even more shares. Is anyone surprised. The Barney Fife of the penny stock world strikes again, IMO.
red that's what I saw on the sheep disclosure. Yes, they got hundreds of millions of dilutive shares, from either a "3rd party" and/or HRNF itself, for stock promotion activities.....all while HRNF stock was already under heavy distribution (dilution).
learning - you may be right, but it is doubtful they would be able to have a patent on the delivery system for delivery of anti-oxidants. That appears tpo be well covered in the patent I posted in my previous message.
Carl - here's some HOP-ON phones for sale
Can find them on EBAY, Long Beach Cali location (did Peter move?)
Note: all are defective...LOL
..................
LOT OF 5 HOP-ON 1806 CELL PHONE GSM FOR PARTS OR REPAIR
This auction is for 5 Hop-On 1806 phones.
These phones are in good condition but they are defective so they are being sold as-is for parts or repair. We could not get any of them to power up.
Sold as-is!
HRNF late to the patent race...LOL
There are also patents already in place covering medicine and other drug delivery, etc (nicotine, etc)
US Patent 6582738 - Process for preparing chewing gum containing a nutritional supplement
US Patent Issued on June 24, 2003
Estimated Patent Expiration Date: November 27, 2021
Yep almost no volume at all. Looks like buyers are avoiding this thing like the plague. All except the sheep promoting this ailing company.
cherrob - again nonesense
there were 35 to 38 million shares immediataly upon the 2009 reverse split. Then HRNF begain diluting at exponentially-increasing levels.
Now there are at least 65 times the number of shares issued and outstanding than there were upon the 2009 reverse split, just months ago.
HRNF has increased the share authorization multiple times since then, contrary to the guidance given in Pagnano's fluff PR's.
Looks like you are plum full of the HRNF kool-aid! No quick cure for that ailment. Maybe you will have a different opinion after the next reverse split. Maybe even when you find they have again increased the share authorization to 5, 10, or 20 billion shares......all so they can continue dumping billion more shares on unsuspecting gullible bagholders that believe what HRNF and its paid stock promoters put out.
cherrob - nonesense. Technicals such as resistance and support do not apply to a company that has been and is diluting as fast as more suckers buy these shares from the finaceers getting them at huge discounts.
Like when Mario Pino issued a divvy? WSSE and XMET sure turned out well, didn't they?
Are you forgetting that when a co issues a dividend, the underlying company's intrinsic value decreases by the "value" of the dividend.
With the bloated share pool of around 20 billion shares, PYCT really needs a reverse split so the market cap can move even lower as the share price declines after the R/S.
I see that you also may be ingnoring the fact that PYCT has little or no cash, at last report. If you've been following along, it also likely has been racking-up obligations along the way. Testing and development and admin cash burn are not insignificant, and details seem to be purposely being hidden from investors.
Looking more and more like Mario Pino tactics all the time? LOL
Are you sure Pillay is not a Mario Pino a.k.a ? Could this also explain why the last known address for the company is now in Canada and thre CEO is now the statutory agent in AZ, the state of incorporation?
cherob - not with the dilution
Acai Gum Now Available
(from 2008)THE WORLD'S FIRST ACAI GUM
Acai gum made from the finest organic free trade Acai berries ... with 50mg of pure Acai per piece.
Currently in the final stages of testing, we are now accepting private label and wholesale orders for the first available batch of Acai gum.
Be the first company to share with us the new easy and practical way to enjoy Acai.
Available loose bulk, unbranded in 12 piece blister packs, private label with your details, or branded with our new Acai Gum brand.
Contact us now to be the among the first to offer your customers the finest Acai Gum ...
NOTE: This is not a HRNF product, it is from a 2008 website...
Registrant: Registrant:
Designing Choice Ltd. (based in the UK)
IP address based out of California
red, HRNF has to worry about "prior art" problem with a patent. We have already found out that a company already makes ACAI gum and will make a custom product for anyone that wants it, and even provides "sample blister packs" for customers of the product right now. The language of marketing from that company seems so remarkably similar to what HRNF has been trying to fufferize, that I suspect HRNF is using this company to provide their samples.
My guess is they will never get a patent. They may try to "Trademark" a product name, though. Maybe Mikey was confused about the differenct between a patent and trademark. LOL
Thinking about buying at these high prices?
Maybe one could look at what Natural Harmony said (see link on IBOX) about HRNF and then compare it to what Pagnano said about why the deal fell-through. Who do you believe? Given Natural Harmony put out their statement to their shareholders prior to HRNF, it is almost comical that Pagnano may not have even seen this prior to making his conflicting statement to shareholders.
See IBOX for:
NATURALHARMONY IS THE ONE WHO MADE THE DECISION TO NOT GO THROUGH WITH THE DEAL...
gapper - just providing some balanced opinions as an alternative to those posted by the stock promoters that the company paid and/or third parties paid hundreds of millions of shares for those stock promotion efforts.
Thanks for asking. I'm guessing many longs would love it if they could have the stock promoters post their bogus stuff without dissenting opinions. No one can make you do DD or see the real business model of dumping discounted shares by the billions. The current tactics do not differ from what HRNF has been doing for years. Try asking a long that may have had $10K invested and now see their investment worth a couple pennies or less.
Still seeing NO BID for PYCT
anyone surprised? The bloated share pool gives people little reason to buy, along with the disclosure practices of Pillay and PYCT.
Just look at how his WMDH is doing. LOL
gapper- patents? LOL
It is a common fluff PR tactic to mention real companies with real products to try to give sucker investors a sense of credibility of the company making these sort of "patent" application claims.
One only has to look at the "delivery" system patents already in place by other companies that deliver nicotine and other drugs to see that this is likely just a attempt to let them dump billions more shares trough fluff PR's.
They sure got you. LOL
Will you be just as excited when you see no bid, $0.0001 ask? Will you be as excited after they need another reverse split to let them still dump shares at much lower prices?
gapper - I see you still can't figure out the real Pagnano. Too bad you got sucked-in before the real dilution begins. You will definately have a different opinion once there are 10 or 15 billion shares issued and you see your "share" of the share pool a fraction of what it is right now.
Try reading through recent PR's, especially the one about needing up to $3 million in financing. Then do the math to estimate just how many dilutive shares will need to be issued. Pretty scary thought, huh. This kind of dilution is nothing new to HRNF. Already this year, Pagnano has diluted from around 35 million shares outstranding at the 2009 reverse split, to almost 2.5 BILLION shares issued and outstanding now?
China has been poisoning USA kids and others with their toxic toys and other product for years. Flushaway made in china doesn't give many confidence.
gapper - not good news for HRNF - (Massive dilution)
We already know that almost ever share traded is a newly-issued share dumped by HRNF. HRNF has been diluting as fast as possible, al while apparently misleading investors that they are buying back and the O/S count will be going down.
There are almost 1.5 billion newly-issued shares dumped on the market through HRNF since those PR's.
Pagnano's track record is not one he should be proud of. I'm not sure anyone that does DD would believe anything that man tries to get the most gullible to believe.
I even think he may have lied in his latest finacials, IMO. He stated the company is debt-free, when he (Pagnano) obviously knows they owe judgments, court-ordered judgment, and notes they promised the Florida attorney general they would pay.
I wonder if someone sent a copy of that "debt-free" PR plus copies of all the judgments against the company to the SEC tipline, would Pagnano get charged with filing FALSE financial reports by the SEC or FINRA?
plus, safety of the flushaway film uncertain? The biodegradable product I see out there now is marketing that their pads don't have the polymers on the liner portion that are next to the body.
flushaway has a type of polymer used in their proposed product. The uncertainty of what this polymer or film will do to the body may make it even less likely to sell. Remember the Toxic Shock concerns that still exist today? This was mostly associated with tampon internal use, but is also sometimes associated with external pads and even with no pad/tampon use at all.
NO BID - Market cap still far too high
Once PYCT does their reverse split, which I believe will be needed to allow the market cap to drop fast, then the PPS can drop rather quickly.
Most retail investors could NOT sell, if they wanted to, at these high prices.
dcjr - false
companies issue unregistered shares all the time, relying on an exception to the rules requiring registration.
The SEC is going after more companies that falsely relied on such exemptions from registration, though.
Regulation D, Rule 506 of the Securities Act of 1933 is one exemption rule, exempting from registration certain securities marketed through private offerings.
Since implementation of this preemption, scammers nationwide have gravitated to this type offering because it
presents the appearance of legitimacy while not requiring documentation or other details of the offerings to come under
the direct scrutiny of regulators. The exemption has been used successfully by scam artists to steal millions of dollars
from investors through false and misleading representations.