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dang your average is better than mine!
lol right! high fives in advance!!
stable mind without emotions or panic attacks,sharp incisive mind to see things as they are,nerves of steel and good timing make damn good traders1
i wanna load more! go phar!!
after going in detail ...10 cents for PHAR is rather stupid ...the PPS will be more than what we are visualizing!
pharmaceutical companies are the last to be affected in a bad economy..in fact aquaprin might not get affected at all except in a positive way....imagine in a bad economy with so many people having headaches and stomach upsets and extreme pain due to bad economy....aquarin is going to rule!!!
what might happen in the 6 month period??..maybe PHAR would be at 50 cents then!
somebody hoping on accumulation there!
BARCHART also recommends that QHP buy again when it is low!lol! why you little oppurtunist!lol again!
PHAR IS LEGIT AND TURNING OUT TO BE HUGE...IF PHAR CAN EXPECT 1 BILLION DOLLARS IN SALES IN THE US ALONE....I EXPECT THE PPS TO BE A DOLLAR AT LEAST!!...HENCE THE L2 ACTION...PLAIN AND SIMPLE
PHAR has proved by delivering their promises so PHAR!! the action today indicates PHAR will be on fire soon!
we will go up from here boys!! and the charts which are the index of the actions spontaneous or deliberate will reflect the sentiments and go up too...which in turn will seduce the investors to PHAR country!
there are others too watching or secretly loading it..and wrongturn wanted to jump in after the volume reached 1 million..maybe he is waiting for that..but there other bigger traders interested..we will wait and see when they jump in..or maybe they are already taking their positions!
can you explain what negative might come out of so many positive things?.and everybody knows that the PPS is rock bottom right now,while there are many who would love to get in lower or add at lower levels .. the L2 action proves that where it is being lapped heavily lies the support!
all these happening just before the CC and we should not forget that another PR hitting before the CC is a great possiblity as PR'S were hitting with predictable accuracy.. that is between a gap of 3-4 days!!maybe this time thier PR might have the real potential of upsetting the PPS to the upside!!
as they are lapping up shares at 0.0275 .. they would also protect the PPS from going lower than that...something like an invisible support line!
the size of their bids and asks denote a big run in the offing!!these actions were never seen before on such a scale!!
While watching L2 to make things easier for you guys..remind yourself about the merits of PHAR..fda..float..current status..puntual PR'S ..promises delivered..juggernaut potential..super management..things getting better and better every day while MM'S boiling in the L2!!
they form a pincer movement at the bid and ask too...like there will be a huge ask (not for sale..but to deter buyers and drive down the PPS)..and there will be a huge bid order(real bid for accumulation).. far lower to encourage panicky investors to let go thier shares!!
PHAR!!clean and strong getting super by the day and MM activity increasing relatively!!L2 getting volatile!...i wonder what is bothering the MM'S now?...i believe that PHAR IS going to make a monster move!!
thats whats happening here! very good post!
NOTICE!!...the asks getting thinner!!!
ARRRR!!!I SMELL A RUN..THIS TIME MORE SENSIBLE RUN..BIG RUN ...HOLD ONTO YER NUTKINS ME HARDIES!
every day PHAR shines brighter than before..and it is in most of the traders portfolio's under priority watch and more PR'S should hit(remember the 3-4 day gaps )..plus the CC...and PHAR is going at breakneck speed to get their FDA approved AQUAPRIN to the market...and the PPS is manipulated down ....plus huge orders ready
to lick the cheapies...boom..ka boom!
They load up in 0.03's and then make a dump of it to trigger more selling then reload heavily @0.025..then make it run like hell!!sweet!
THEY ARE NOT HITTING THE ASK WHOEVER IS LOADING...THEY ARE MAKING THE OTHERS COME TO THEM AND THE ORDERS LOOK HUGE!!!...THEN WILL MAKE THEY IT RUN!OUR SECRETIVE LOADERS!BANG!BANG!
hey ! there are huge orders in waiting!!ACCUMULATION!!!!! ME HARDIES!!!!DAYS OF THUNDER!
this will go up..right up!!this is meant to put us in agony!lol!its all very amusing..we know that not many pink sheets company can compete with PHAR ...COZ OF SUPERMERITS..also if there is somebody selling ..there is somebody buying ..change of hands you see and i congratulate and envy the buyer for his cheapies!
they could have made up the asks like..0.035,0.036,0.037,and 0.038!!...but chose to converge at 0.035( 4 of them)...which makes me beleive that they want to add thickness to the wall which looks formidable.....meant to deter us to not break it...which makes me happy that the shorts are losing and their time is ticking...we need strong investor bulls who can muscle them out by nuking the asks!!...i wait to see this trader/warrior who will disintigrate the shorts last bastion..0.035!!
I am impressed!i always wanted to be like you..like sindbad the sailor!..and you write books..i like it!
you are too modest..when PHAR expects the US sales to be 1 billion dollars....can't we expect $1 PPS ...LEAST!..and the world wide sales have not been taken into consideration!!food for thought!...and the new website is green like PHAR WILL BE...AND IT ROCKS!!
super!!!
you got the cheapies! hold on to it!! you will mint money!
Now i dread the next set of questions !lol!
HERE ARE THE ANSWERS FOR YOUR QUESTIONS!! I ADDED 2 MORE TO THE LIST!!
Raj,
Here are your answers:
1.Financing is secured through the Preferred C issue, which is not straight convertible issue. What that means is that there is not a straight convertible feature with this issue, and it does not dilute the company's current position. It is more tied to the success of Aquaprin.
2.Roll out of Phase I will bring Aquaprin to market, so the answer is yes. Phase II is designed to meet the expected incremental demand for the product as it becomes accepted by the market.
3.There is no need to increase Authorized Shares at this time, and the company does not anticipate having to increase its Authorized anytime in the near future.
4. Big Star Media held a note at the time of the release, which was reporting for the December 31, 2010 period. That is no longer the case, and the company has no debt.
5. These shares are not restricted, and are accounted for in the Free Trading Shares listed for the company. There are several that accumulatively hold these shares. At this time I am not sure that I can tell you who each of them are, but I will request a legal opinion from Joe and let you know. If he gives me the thumbs up (which he usually does), I will send you the list. By the way, this was done to clear up any debt issues prior to finishing the transaction. Instead of having uncertainty in converting to an unknown number of shares and being infinite, the company negotiated a very specific number of shares and completed the transaction with a finite number. As for the shareholders, disclosure is tied to the information flow, and whether they are considered insiders. If they are not, they have the right to "opt out" of the NOBO.....just as you do. If they are insiders, it is disclosed in the filings.
6. The patents that are pending are for improvements on the previous patents that make up the underlying technology for Aquaprin, and the extension products that are expected to be produced as well. I don't know that there is a timeline on when they would be released to the public domain. Obviously, for the protection of the technology, we have no interest in disclosing the difference, no more than Coca Cola has interest in telling someone their secret recipe.
7. The Preferred C issue has an underlying subscription, and all of the information is included in it. There is no feature to convert common shares at a predetermined price. The issue is tied more to the profitability of Aquaprin, which is the reason it is not just a straight equity sale. No conversions will be made for at least one year, and those would be made with restricted shares at straight market price, without discount, at the time of conversion, if chosen. Under the Preferred C, the company controls the conversion option, not the investor. Par value reflects the value of the assets of the company, and face value reflects the share price of each share of Preferred C. Preferred C does not hold any voting rights, as those have all been assigned to Preferred A.
8. The company did receive venture capital prior to going public, and that capital converts to Preferred C. The company is looking to build a strong business around Aquaprin, not sell the company. There is certainly no pre-arranged plan to entertain a buyout. That said, if it were to occur, it would to assessed on its merits, like any other business decision.
9. There is no restriction on free trading shares as issued. They are free to be traded, as defined by The Act. We report the float as it is defined by accepted accounting procedures....not necessarily what Investopedia tells us to do. The float is defined as the actuals shares that have been deposited with CEDE, and are freely available to be traded. The vast majority of these shares are held in certificate form, and have not been deposited. If and when they are deposited, the number of shares in the float will reflect those deposits. The free trading shares will not change.
10. Your assessment of outsourcing does not meet with what we know. It is much more expensive, does not protect the technology adequately, and does not serve to produce additional products. In fact, it does not even get the product to market faster. Remember that your CEO spent a good deal of time as an "outsourcer" of pharmaceutical products. It was the first idea to market, and has been vetted thoroughly.
Thanks for taking the time to ask very good questions, and we appreciate your interest in Pharmstar Pharmaceuticals.
As always, if you have a question....don't hesitate to ask.
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