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I agree if the bod was more "qualified" all around then maybe we would be trading higher
Yet amazingly people are content with knowing that mgmt refuses to add qualified members to the BOD which would create higher share prices while for the past five years while looking to add members they have diluted shareholders over 50% at lower prices than they would have with a qualified BOD. Just this year Lytle has cost shareholders at least 4 million dollars by not selling ATM shares in March.
PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD YET 75% OF THE COMPANY WHICH INCLUDES ERIC SCWARTZ, DAVID POHL AND CARLTON JOHNSON ALL SERVED ON THE PENNY STOCK COMPANY PTSC AND ALL HAVE TIES TO EACH OTHER.
PPHM THE COMPANY WHOSE CEO IN MARCH 2014 TALKED ABOUT A PARTNERSHIP COMING TO FRUITION IN UPCOMING YEAR. IT IS NOW DECEMBER 20, 2014. CREDIBILITY IS AN ISUUE. All imo.
Pphm is run by management that has saved p3 and is in the process of proving what Bavi is worth
The phase III was salvaged with worse results than was originally reported by the mgmt team which oversaw the phase II trial. The botched trial caused shareholders over 50% dilution under the watch of this experienced mgmt team. Two and 1/4 years later the stock is still worth only $1.44. There are also rumblings that two other trials were tampered with under this mgmt teams watch. It is a joke that the BOD is made up of penny stock lawyers and friends. They have been looking for additions since 2009 yet can't find anybody. Yeah thats the ticket.
PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD YET 75% OF THE COMPANY WHICH INCLUDES ERIC SCWARTZ, DAVID POHL AND CARLTON JOHNSON ALL SERVED ON THE PENNY STOCK COMPANY PTSC AND ALL HAVE TIES TO EACH OTHER.
PPHM THE COMPANY WHOSE CEO IN MARCH 2014 TALKED ABOUT A PARTNERSHIP COMING TO FRUITION IN UPCOMING YEAR. IT IS NOW DECEMBER 19, 2014. CREDIBILITY IS AN ISUUE. All imo,
By Request:
PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD YET 75% OF THE COMPANY WHICH INCLUDES ERIC SCWARTZ, DAVID POHL AND CARLTON JOHNSON ALL SERVED ON THE PENNY STOCK COMPANY PTSC AND ALL HAVE TIES TO EACH OTHER.
PPHM THE COMPANY WHOSE CEO IN MARCH 2014 TALKED ABOUT A PARTNERSHIP COMING TO FRUITION IN UPCOMING YEAR. IT IS NOW DECEMBER 19, 2014. CREDIBILITY IS AN ISUUE.
PPHM THE COMPANY WHO PLANNED TO PRESENT HCV DATA AT A MAJOR CONFERENCE IN 2012. NOW DECEMBER 19, 2014.
PPHM THE COMPANY WHOSE CEO HOPED TO HAVE A COMMERCIAL PRODUCT BY MID JUNE 2012. NOW DECEMBER 19, 2014.
PPHM THE COMPANY WHOSE CEO WANTED A PARTNER BEFORE PHASE III PROTOCOL FOR BAVI AND COTARA. NO PARTER AS OF DECEMBER 19, 2014
PPHM THE COMPANY THAT ANNOUNCED IT HAD A SHANGHAI SUBSIDIARY. HASN'T BEEN HEARD FROM SINCE.
PPHM THE COMPANY WHOSE TOP EXECUTIVES, ZEISBALL, LYTLE AND SHAN TO NAME A FEW DO NOT PARTICIPATE IN THE COMPANY DISCOUNT STOCK PURCHASE PLAN EVEN THOUGH THEY MAY KNOW HOW VALUABLE THE COMAPNY IS.
PPHM THE COMPANY WHOSE COB CARLTON JOHNSON VOWED TO GET TO THE BOTTOM OF THE BOTCHED TRIAL. NOW DECEMBER 19, 2014 WITH NO RESOLUTION.
PPHM THE COMPANY THAT IS A 10 YEAR DOWNTREND WITH STOCK DOWN ROUGHLY 75% OVER THAT TIME AND MORE THAN 50% SINCE REVERSE SPLIT IN 2009.
PPHM THE COMPANY WHOSE CEO STATED IN 2009 THAT THEY WERE LOOKING FOR QUALIFIED CANDIDATES TO ADD TO THE BOARD IN RESPONSE TO CARLTON JOHNSON'S APPOINTMENT AS COB. AS OF DECEMBER 19, 2014 NO ADDITIONS TO BOARD.
Please feel free to add to the list as I am sure they are numerous things left out. ALL IMO.
Sorry Cheynew but I don't find any significance in the job openings as we have had numerous job openinings over the years and it seems to be just replacing people who have left which is not a good sign. Many of these positions if not being replaced should have been in place from the start. It would be different if the job openings were for the Directors, CEO and CFO though :)
PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD YET 75% OF THE COMPANY WHICH INCLUDES ERIC SCWARTZ, DAVID POHL AND CARLTON JOHNSON ALL SERVED ON THE PENNY STOCK COMPANY PTSC AND ALL HAVE TIES TO EACH OTHER.
PPHM THE COMPANY WHOSE CEO IN MARCH 2014 TALKED ABOUT A PARTNERSHIP COMING TO FRUITION IN UPCOMING YEAR. IT IS NOW DECEMBER 19, 2014. CREDIBILITY IS AN ISUUE. ALL IMO.
Juno up 56% on IPO. Bigger market cap than PPHM
Compare there BOD to PPHM BOD. It is almost embarrassing for pphm.
http://junotherapeutics.com/about-us/board-of-directors/
Wouldn't be surprise to see a pipe financing soon one Friday afternoon. The money has to come from somewhere.
PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD YET 75% OF THE COMPANY WHICH INCLUDES ERIC SCWARTZ, DAVID POHL AND CARLTON JOHNSON ALL SERVED ON THE PENNY STOCK COMPANY PTSC AND ALL HAVE TIES TO EACH OTHER.
PPHM THE COMPANY WHOSE CEO IN MARCH 2014 TALKED ABOUT A PARTNERSHIP COMING TO FRUITION IN UPCOMING YEAR. IT IS NOW DECEMBER 19, 2014. CREDIBILITY IS AN ISUUE. ALL IMO.
Then of course King and Pohl were never involved in any of the mentioned companies
Once again the statements are being incorrectly thown around. Schwartz, Johnson and Pohl all have ties to the penny stock PTSC which is worth a couple of pennies.
Mr. David H. Pohl served as the Chairman, Chief Executive Officer and President of Patriot Scientific Corporation from June 15, 2005 to June 5, 2007. From January 2001 to March 2002, Mr. Pohl served as Vice President of Administration and Corporate Secretary for Patriot.
PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD YET 75% OF THE COMPANY WHICH INCLUDES ERIC SCWARTZ, DAVID POHL AND CARLTON JOHNSON ALL SERVED ON THE PENNY STOCK COMPANY PTSC AND ALL HAVE TIES TO EACH OTHER.
PPHM THE COMPANY WHOSE CEO IN MARCH 2014 TALKED ABOUT A PARTNERSHIP COMING TO FRUITION IN UPCOMING YEAR. IT IS NOW DECEMBER 18, 2014. CREDIBILITY IS AN ISUUE. ALL IMO.
no the fda approved the piii because of the reconstituted Pii data and the safety profile.
Exactly and it should be obvious that the reconstituted PII data was not as good as the originally reported data or we would not be at $1.44 over two years and three months later when we supposedly had a partner lined up and was over $5 in Sept 2012. We also would not have to sell ATM shares in the $1.40 range if the data was as good as the original. If we have what everybody believes we have than mgmt and the PR staff are doing a horrible job relaying that info especially when they are selling ATM shares and costing shareholders dilution. Still waiting for the HCV data that was to be presented in 2012.
PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD YET 75% OF THE COMPANY WHICH INCLUDES ERIC SCWARTZ, DAVID POHL AND CARLTON JOHNSON ALL SERVED ON THE PENNY STOCK COMPANY PTSC AND ALL HAVE TIES TO EACH OTHER.
PPHM THE COMPANY WHOSE CEO IN MARCH 2014 TALKED ABOUT A PARTNERSHIP COMING TO FRUITION IN UPCOMING YEAR. IT IS NOW DECEMBER 18, 2014. CREDIBILITY IS AN ISUUE. ALL IMO.
From the article:
One of those profiting insiders was Steve Kriegsman, a Galena director. The scheme worked so well at Galena that Kriegsman, as CEO of CytRx, hired the same group of stock touts to promote his own company.
Their plans worked great until a pesky member of the media (ahem) started poking around. The stock prices of Galena and CytRx tanked and the friendly folks at the Securities and Exchange Commission launched an investigation into Galena (still ongoing.) Ahn was fired. Kriegsman was promoted to Chairman and CEO of CytRx. Unbelievable, except if you remember that CytRx's board is packed with Kriegsman cronies who awarded themselves sweetly priced options last December.
cronies? At least he wasn't talking about the pphm bod.
PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD YET 75% OF THE COMPANY WHICH INCLUDES ERIC SCWARTZ, DAVID POHL AND CARLTON JOHNSON ALL SERVED ON THE PENNY STOCK COMPANY PTSC AND ALL HAVE TIES TO EACH OTHER. CREDIBILITY IS AN ISSUE. All imo.
We can guess about a rise in share price as it has been guessed about for the last 10 years. The BOD has three out of four members all tied to each other thru a penny stock company that is worth 2 cents. There is no way to dispute that. Credibility is an issue.
PPHM THE COMPANY WHOSE CEO IN MARCH 2014 TALKED ABOUT A PARTNERSHIP COMING TO FRUITION IN UPCOMING YEAR. IT IS NOW DECEMBER 2014 AND STOCK IS NEARING 52 WEEK LOW. ALL IMO.
Carlton Johnson is the COB for pphm. He is also on the board of Patriotic Scientific which is now a 2 cent penny stock company. What is ironic is here is the justification on the PTSC website for Carlton Johnson:
The Board of Directors concluded that Mr. Johnson should serve as a director in light of the extensive public company finance and corporate governance experience that he has obtained through serving on the boards and audit committees of Peregrine Pharmaceuticals, Inc., Cryoport, Inc., and ECOtality, Inc.
Here is the justification on the pphm website for Carlton Johnson as COB:
The Board of Directors concluded that Mr. Johnson should serve as a director in light of the extensive public company finance experience that he has obtained through serving on the boards and audit committees of Patriot Scientific Corporation, CryoPort, Inc. and Ecotality, Inc.
Do they have the same writing team? If it wasn't so sad it would be funny. Sure doesn't seem independent to me.
PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD YET 75% OF THE COMPANY WHICH INCLUDES ERIC SCWARTZ, DAVID POHL AND CARLTON JOHNSON ALL SERVED ON THE PENNY STOCK COMPANY PTSC AND ALL HAVE TIES TO EACH OTHER. CREDIBILITY IS AN ISSUE. All imo.
Ok, so nobody could show me where a CSM employee admitted to sabotage and nobody could show me the multitude of posts predicting bankruptcy. Just because the truth stinks people, that is no reason to just make stuff up.
There has to be a reason for the 10 year downtrend so one must throw things out regardless of fact. We have the family secretly owning 97 million shares, we have the ATM not in use (already proven false), we have the connect the dot theories, the manipulation theories, the sabotage theories etc.. The funny thing is if you actually believe the sabotage theories and that the other two trials were tampered with how could one possibly believe this phase III trial which is bigger and more important can be achieved without any incidents when you have the same mgmt team in charge? You can't make this stuff up.
PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD YET 75% OF THE COMPANY WHICH INCLUDES ERIC SCWARTZ, DAVID POHL AND CARLTON JOHNSON ALL SERVED ON THE PENNY STOCK COMPANY PTSC AND ALL HAVE TIES TO EACH OTHER. CREDIBILITY IS AN ISSUE. All imo
Could you show me where the CSM representative admitted that they sabotaged the trial? If it doesn't contain the word sabotage, don't bother. That is your interpretation. If he says "she switched the labels, but we don't know why", that is a long, long way from "admitting sabotage".
We don't need to just make things up here.
That sure seems to be the way things work. Just post theories, puzzles and add your own interpretation. If you state facts then all hell breaks loose. It was also stated that the ATM was no longer in use. Hmmmm.
PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD YET 75% OF THE COMPANY WHICH INCLUDES ERIC SCWARTZ, DAVID POHL AND CARLTON JOHNSON ALL SERVED ON THE PENNY STOCK COMPANY PTSC AND ALL HAVE TIES TO EACH OTHER. CREDIBILITY IS AN ISSUE. All imo
sabotage has been proven and it is in a court filing and admitted by CSM's representative during Jeff Masten's investigation.
Sorry but sabotage has not been proven or admitted.
PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD YET 75% OF THE COMPANY WHICH INCLUDES ERIC SCWARTZ, DAVID POHL AND CARLTON JOHNSON ALL SERVED ON THE PENNY STOCK COMPANY PTSC AND ALL HAVE TIES TO EACH OTHER. CREDIBILITY IS AN ISSUE. All imo.
Those who predicted a share price drop after the CC were wrong so far.
As usual when mgmt speaks, pphm goes down. It is amazing how that always works.
PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD YET 75% OF THE COMPANY WHICH INCLUDES ERIC SCWARTZ, DAVID POHL AND CARLTON JOHNSON ALL SERVED ON THE PENNY STOCK COMPANY PTSC AND ALL HAVE TIES TO EACH OTHER. CREDIBILITY IS AN ISSUE. All imo.
Those who predicted a share price drop after the CC were wrong so far.
As usual when mgmt speaks, pphm goes down. The only folks that have been wrong so far and the puzzle doers.
PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD YET 75% OF THE COMPANY WHICH INCLUDES ERIC SCWARTZ, DAVID POHL AND CARLTON JOHNSON ALL SERVED ON THE PENNY STOCK COMPANY PTSC AND ALL HAVE TIES TO EACH OTHER. CREDIBILITY IS AN ISSUE. All imo.
The sole fact that Bavi 2nd ln NSCLC was sabotaged (and probably two other PPHM trials have been tempered with too) shows something is going on.
Again, sabotage has not been proven so for now it is just an excuse, theory, or fantasy. The botched trial happened under mgmt.'s watch. The same mgmt team that is overlooking the phase III trial. If one actually believes one trial was sabotaged and probably two others tempered than how could one possibly believe an even bigger and more important trial would not be compromised under the same mgmt.'s watch. I guess anything is made up to justify the stock price and no partner since 2009. I guess it goes under the statement that the ATM is no longer in use also. PPHM still in a 10 year downtrend.
PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD YET 75% OF THE COMPANY WHICH INCLUDES ERIC SCWARTZ, DAVID POHL AND CARLTON JOHNSON ALL SERVED ON THE PENNY STOCK COMPANY PTSC AND ALL HAVE TIES TO EACH OTHER. CREDIBILITY IS AN ISSUE. ALL IMO!
No flaws? They sold off 1/2 of the company at < $2 per share, they oversaw a totally botched trial that resulted in huge losses for shareholders, they give themselves retention bonuses as a reward for their failure. But I give them a pass as they did get to PIII. PPHM's bod number#1 job is to represent shareholder interests. To be independent of management. Thanks for making my point
Hard to argue with those points!
PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD YET 75% OF THE BOARD SERVED ON THE PENNY STOCK COMPANY PTSC AND HAVE TIES TO EACH OTHER. ALL IMO.
Just to make sure newbies are aware of the total story and events that actually happened so that they may make their own investment decision. Courtesy of Corp with up to date stock prices and more updates.
All of the following took place under the current management team and, in my opinion, is why we are at where we are.
The $50 million dollar DIOS deal that was perpetrated on Wall Street by this crew, May, 2007.
ir.peregrineinc.com/releasedetail.cfm?ReleaseID=266038
The reverse split to stay Nasdaq compliant, October, 2009.
http://ir.peregrineinc.com/releasedetail.cfm?ReleaseID=416393
The Stason "deal", May 2010.
http://www.biospace.com/news_story.aspx?StoryID=178872
The 80%, one day drop in the pps due to "major discrepancies"
http://ir.peregrineinc.com/releasedetail.cfm?ReleaseID=708954
Outstanding shares on September 30, 2009, 45m. Outstanding shares current, 180m. Dilution by a factor of 4 and no end in sight.
Insider ownership, less than one percent.
Chairman of the Board of Directors.
http://ir.peregrineinc.com/directors.cfm
Most of these things are in the past but they all matter. It is how the company is judged. Putting out a pr about bird flu or ebola when they are hot to get a quick, temporary bump in the share price is not viewed in a positive light. Mentioning that you are in partnership talks for over ten years and not having anything to show for it is not good. Switching from King to Worsley in mentioning partners does nothing. King is likely too embarrassed to say it any more. Good for him.
Maybe this post should be a sticky that people can be referred to anytime somebody asks why another company is where it is at in relation to PPHM.
I realize that none of the above matters to many here, but it matters to Wall Street and institutional investors. It is why the pps is what it is and the institutional holdings are what they are. The pps means nothing to many here, that's fine. It does mean something to me. I am currently slightly under water on this stock and I would like to make some money on it. I guess 2017 is our year.
Also, this is the qualifications of our handpicked COB courtesy of Corp.
"The Board of Directors concluded that Mr. Johnson should serve as a director in light of the extensive public company finance experience that he has obtained through serving on the boards and audit committees of Patriot Scientific Corporation, CryoPort, Inc. and Ecotality, Inc."
Patriot Scientific closed today at .04.
Ecotality, currently in bankruptcy closed today at less than a penny.
Cryport, the crown jewel with a $27m market cap, closed today at .46, down from $9.30 in 2010.
That is our leader and those are his qualifications.
We now can add that even with the extensive catalyst lists we now know that top executives including Shan Zeisball, and Lytle choose not to purchase shares at $1.08 when they had the legal chance to do so through the company stock plan. Those actions sure don't seem to be a show of confidence from our leaders. This is even after we learned they were all given extensive raises by our brilliant penny stock BOD.
We can also add that in March 2014 our CEO talked about a partnership coming to a fruition by end of upcoming year. We are now in December.
We can also add that instead of using ATM shares in March in the $2.75 range or better they have used it recently at much lower prices perhaps costing shareholders as much as $4 million dollars and there is an obvious need for more financing.
One bright spot could be the expansion of AVID since you would think mgmt would not expand if there was not a need. (History makes this debatable) The big question mark is how and when will this be paid for. However it is peculiar when mgmt speaks of the growth of AVID yet the revenues were down compared to the corresponding quarter. Maybe they have a different definition of growth.
PPHM THE COMPANY WHERE SOME EXECUTIVES DID NOT PURCHASE SHARES AT $1.08 WHEN THEY LEGALLY HAD THE CHANCE! ALL IMO.
Great call CP!! Your great to follow on this board.
Yes it was a great call that the ATM was shut down and not in use. At least it wasn't used extensively but it was in use and still begs to question why it wasn't in use in the high $2 range in March. Lytle cost shareholders around $4 million dollars most likely but who is counting? Could have use the extra $4million for the AVID expansion but perhaps he wasn't thinking that far ahead.
PPHM THE COMPANY WHOSE CEO STATED IN MARCH 2014 ABOUT A PARTNERSHIP COMINNG TO FRUITION IN THE UPCOMING YEAR. IT IS NOW DECEMBER 2014. ALL IMO.
I can see PPHM announcing a Pipe to fund the expansion.
Would not surprise me at all. There are still 15 million shorts and still no explanation why mgmt did not sell huge amounts of ATM shares in the high $2 range in March during the 60 million share trading days. That day could have been used to short as mgmt could be in cohoots with their buddies as their buddies and mgmt knew they were expanding AVID. It would explain why they didn't hit the ATM during this time as they had to know they would need money in future. Who knows maybe mgmt will finally surprise the shareholders and announce something really positive for a change. Stranger things have happened before. We shall know soon!
PPHM THE COMPANY THAT CHOSE CARLTON JOHNSON AS COB! ALL IMO.
I can not understand HOW it takes us 1 Million shares to go up 10 % and ONLY 100.000 shares to go back down 10 % It happens every time a bull trap but only Juvenal bulls are involved or not so smart longs
Well for starters mgmt spoke with the PR and whenever mgmt speaks the share price usually goes down. As usual mgmt doesn't give all the info that is needed in a PR. It conveniently left out, how much it cost and who is paying for it. The street is tired of the games this mgmt team plays with their incomplete PR's. Credibility is an issue. The key info needed is who is paying for the buildup and how much did it cost.Hopefully mgmt at least comes clean in the CC later today which will probably drop the share price again.
PPHM THE COMPANY THAT CHOSE CARLTON JOHNSON AS COB! ALL IMO.
Has it reduced ATM sales?
We will know today. It has been mentioned several times by a cloaked protector that ATM sales have been stopped. I bet it is highly unlikely that no ATM shares have been sold. Of course it still begs the question of who is paying for the expansion and if it is pphm then why weren't ATM shares sold in the high $2 range in March? Street not too impressed with the news so far.
PPHM THE COMPANY THAT CHOSE CARLTON JOHNSON AS COB! ALL IMO.
There is our 8am news. Good news indeed. Only question is who and how is it getting financed. Obviously pphm mgmt knew they were expanded so it is even more peculiar why they didn't sell any ATM shares in March in the high $2 range? If they didn't sell ATM shares since than it doesn't matter but if they did then it obvious mgmt should have. we will find out later today.
PPHM THE COMPANY THAT CHOSE CARLTON JOHNSON AS COB. ALL IMO.
IF the ATM was used to sell into the ebola PR, the shares would have been sold between $1.50-$1.80. Yes, it's dilution but the cash on hand would have increased. Because it was done at a higher PPS the shareholder value (if I may use the term in it's proper context) would and should be higher.
Agreed but keep in mind in March 2014 ATM shares could have been sold in the $2.75 to $3 range with 60 million shares traded. The question is if ATM shares were sold during the ebola PR why weren't ATM shares sold in March? One may guess that whoever mgmt is buddies with did not want them at that price.
PPHM THE COMPANY THAT CHOSE CARLTON JOHSNSON AS COB! ALL IMO.
my guess is they sold atm shares on the ebola pr...
I believe we have all been told repeatedly by someone supposedly out to protect us that the ATM has been turned off. I am sure there will be no egg on face. On the plus side it is time to wook it up as pphm is making a move now!
PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD BUT 75% OF THE CURRENT MEMBERSHIP ALL SERVED ON THE SAME PENNY STOCK BOARD(ptsc) WHICH IS NOW BELOW 3 CENTS INCLUDING OUR COB WHO WAS CHOSEN BECAUSE OF HIS FINANCE BACKGROUND SERVING THOSE BOARDS. ALL IMO.
Wook it up for the December rally low of $1.32! Now down over 10% for the December rally month. With mgmt due to speak again tomorrow the 52 week low is in real danger. Wall Street giving no credibility to words of partnership from CEO.
PPHM THE COMPANY WHOSE CEO STATED IN MARCH 2014 ABOUT A PARTERSHIP COMING TO FRUITION IN THE UPCOMING YEAR. IT IS NOW DECEMBER 9TH 2014. ALL IMO.
Wook it up! Back to December lows at $1.36 and near 1 year lows! This is even before mgmt speaks on Wednesday which usually doesn't bold well for the stock. Looks like more puzzle pieces need to be put back together.
PPHM THE COMPANY THAT CLAIMS AN INDEPENDENT BOARD YET 75% OF ITS MEMBERS WERE ON THE PENNY STOCK COMPANY PTSC BOARD WHICH IS CURRENTLY AT A WHOOPING 3 CENTS. ALSO THE COMPANY THAT CHOSE CARLTON JOHNSON DUE TO HIS FINANCIAL EXPERIENCE OF BEING ON THE BOARD OF THREE PENNY STOCKS, TWO WHICH ARE BELOW 3 CENTS. ALL IMO.
Well it is now past 8am so there will be no partnership news today. Yes indeed it is quite amazing that everybody can find a partner yet pphm who has been wanting to partner since 2009 can't. I guess it shouldn't be a surprise since they can't even find someone for a seat on the board since 2009 also. I guess nobody wants to deal with the great penny stock BOD of Schwartz, Pohl and Johnson. Then again maybe there is nothing to partner as our top executives Shan, Lytle and Zeisball didn't feel the need to purchase legally shares at $1.08 or less throughout the employee stock plan. What else can you expect from a team that has had Mary Boyd produce nothing in the last 5 years, Zeisball nothing in his reign of two years and Worsley in his time at PPHM?
PPHM THE COMPANY WHOSE CEO STATED IN MARCH 2014 THAT A PARTNERSHIP WOULD COME TO FRUITION IN THE UPCOMING YEAR. WE ARE NOW IN DECEMBER 2014. ALL IMO.
if the BOD had more/better..."Wall Street" skills (respect), the MASSIVE dilution would have happened at higher share prices,
Well it is hard to dispute that if the BOD had credibility we would have better financing. After all since our BOD has no biotech experience(Beside SK) and the premise was that the ESTEEM BOD had financing skills (basis of hiring Carlton Johnson as COB,) yeah I know giggles. Throw in the fact that ES has his own financing company you would think knowing what he knows about the company he could pull a better deal than the ATM. OF course you are presuming that mgmt and the BOD know what we have and that they know we should be a $50 to $100 stock. (ASTRONOMICAL)
Throw all the credibility issues aside just imagine if Paul Lytle just wasn't inept in his timing of the ATM the dilution would be much better. Just last March he could have sold as many ATM shares as he wanted in the $2.75 to $3 range during the 60 million share trading days. That is even better than the preferred shares since you don't have to pay 10.5% interest over three years which effectively means selling shares at $2. The big question is why no significant shares were sold during this time. Was it because of the following?:
1. Paul Lytle is just plain inept.
2. PPHM never has to sell any preferred shares, ATM shares or any other shares in the future.
3. PPHM's buddies did not want them to sell shares to them at those prices.
4. PPHM will not sell any future shares below $3
5. Answers 1 and 3.
6. PPHM had a brain freeze
7. Other?
Everybody but perhaps maybe Paul Lytle knows pphm will need more money in the future and it is probably safe to say it will be before pphm reaches $3 anytime SOON. In fact I will probably say that you can count on ATM shares having been sold during this past quarter that will be shown on the 10K next week. Having said that you can draw your own conclusion. We will know much more after the CC.
PPHM THE COMPANY WITH THE SUPPOSEDLY INDEPENDENT BOARD THAT HAS THREE OUT OF THE FOUR MEMBERS WHO SERVED ON THE BOARD AT PTSC WHICH IS CURRENTLY AT .04. ALL IMO.
Yes nice to only be down 6% for the first week of the December rally and near the year to date lows , down over 75% over 10 years while the market is at all time highs Yes SK really knows the astronomical value of pphm yet can't muster a couple of extra thousand of dollars to fully participate in the stock employee purchase plan where he can get shares at $1.08 or cheaper. Worse is that three other top executives couldn't even muster up enough courage to buy any shares. Hmmmm. I can't wait for the niceness next week when pphm inevitably goes down after mgmt speaks. May not be immediately but it will eventually.
PPHM THE COMPANY THAT SUPPOSEDLY HAS AN INDEPENDENT BOARD YET THREE OUT OF THE FOUR MEMBERS ALL SERVED ON THE SAME PENNY STOCK BOARD THAT IS CURRENTLY AT .04 CENTS. YES THE SAME BOARD THAT CHOSE CARLTON JOHNSON AS COB AND HASN'T FOUND ANY OTHER QUALIFIED CANDIDATES SINCE TO ADD TO THE BOARD. ALL IMO!
Start slow. Lead two or three other publicly traded companies into bankruptcy and then, and only then, will you be considered to sit on the PPHM BOD. If you prove yourself completely inept, you may be pegged as CJ's replacement. And those are mighty tiny shoes to fill
That may be the reason SK and the rest of the BOD are having a hard time finding qualified replacements since they have been looking since 2009. Hard to find people with the same qualifications and business success as Pohl, Schwartz, and the COB Johnson. Tough shoes to fill indeed.
PPHM THE COMPANY THAT CHOSE CARLTON JOHNSON AS COB! ALL IMO.
Wook it up for the new December rally low at $1.36. We are now down year to date even though we had a blockbuster data PR, an ebola PR, an a promise of a partnership coming to fruition in the upcoming year stated in March 2014 along with 150 sites being opened. What an early xmas present to be able to buy shares at $1.36 when they are worth $50 to $100. Maybe are top executives were finally right in their judgement to not purchase shares at $1.08 when they legally had the chance too.
PPHM THE COMPANY THAT CHOSE CARLTON JOHNSON AS COB! ALL IMO.
Fair enough. I guess we don't know if Worsley is participating. Still puzzling why Zeisball and Shan would not participate. Lytle is a sorry excuse expecially since he is responsible for the ineptiness timing of the ATM. Can't wait to see how many ATM shares were sold this quarter while he didn't let the boatload go in the high $2 range during the March 60 million trading days. Also SK not fully participating is a joke.
PPHM THE COMPANY WHO CHOSE CARLTON JOHNSON AS COB! ALL IMO.
I believe you and the other person who would "take $10" are dreaming. All I'll say is that IF there is a buy out (of which we cannot be too sure, for various reasons), it will be below $10. IMO.
I agree and the top executives actions back up that opinion. Who would pass up rare opportuinities (especially top executives who usually don't have a window to buy stock) to purchase shares at $1.08 legally when you know you will be getting at least $100 or even $50 for your company. Doesn't add up. Even if they didn't want to be make extra money they could just give their profits to charity. Yeah thats the ticket.
PPHM THE COMPANY THAT CHOSE CARLTON JOHNSON AS COB! ALL IMO.
Update: New low FOR the December rally now at $1.37. Could be caused by the Roache Family finding out that Calico is the new partner and dumping all their shares on the market. Yeah thats the ticket.
PPHM THE COMPANY THAT CHOSE CARLTON JOHNSON AS COB AND CLAIMS TO STILL BE LOOKING FOR MORE QUALIFIED MEMBERS TO JOIN THE BOARD! ALL IMO.
Wook it up for the new low in the December rally $1.38. Word must be getting out that Calico is the new partner! Just wait till mgmt speaks again next week and the price will drop again. SOON!
PPHM THE COMPANY THAT CHOOSE CARLTON JOHNSON AS COB! ALL IMO.
Mr King just told us the PARTNER will be CALICO.
Yeah okay and yet Worsley, Zeisball and Lytle knowing this still rather have the value of money than purchase shares at $1.08. Yeah thats the ticket.
PPHM THE COMPANY THAT CHOSE CARLTON JOHNSON AS COB. ALL IMO.
Perhaps Worsley, Lytle and Zeisball are smart enough to recognize the time value of money.
In other words there is no immediate partnership on the horizon. However it is hard to fathom how the time value of money can be greater than a profit from $100 from a $1.08 purchase? Even if they have to settle LOL! for $50 from a $1.08 purchase I don't see how that could ever be less than the time value of money? Looks like the guys running pphm don't know a bargain or a good deal when it is right under their nose. Doesn't seem like people to be running a company? Besides our CEO SK said in March 2014 something about a partnership coming to fruition in the upcoming year? Doesn't seem to jive with the time value of money.
PPHM THE COMPANY WHOSE TOP EXECUTIVES WORSLEY, LYTLE AND ZEISBALL TO NAME A FEW CHOSE NOT TO BUY SHARES AT $1.08 WHEN THEY LEGALLY HAD A CHANCE TO DO SO. ALL IMO.
Corp, Hard to argue with those facts. Add to it that the tainted trial was under his leadership and he still has yet to get to the bottom of this after over 2 years! Not hard to understand why no company wants to deal with us with a BOD of Johnson, Pohl and Schwartz. Now only 15 cents away from 52 week low. Deals being made by everyone but little pphm. Perhaps there was a reason Worsley, Lytle and Zeisball did not chose to purchase shares legally at $1.08.
PPHM THE COMPANY THAT CHOSE CARLTON JOHNSON AS COB! ALL IMO.
In December the PPHM stock price generally increases by the end of the month. This follows the seasonal patterns known as the November Effect, December Effect(or Santa Claus Rally)which lead into the January Effect.
Off to a rocky start down over 5% so far. At this rate after mgmt speaks next week we could definitely be back in the $1.20's. However that will probably be another buying opportunity for everyone but the top executives of pphm.
PPHM THE COMPANY WHO CHOSE CARLTON JOHNSON AS COB! ALL IMO.