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Guess your kicking yourself in the rear end now. Stock closed on Friday at 2.58. You could have tripled your money on this one. Still has a lot of legs left on it. I see it as a 4.50 - 6.00 stock.
There are a little under 29 million shares in float - not 8 million.
I know its not him because I got quite a bit of the recent shares. Good news on the horizon.
No impact. Sorry. But the new Rhino has a lot going on and should still be a good play - according to my source.
See link below. This is for stock holders of IFHR prior to June 22, 2010. The other half of the company that sold to Rhino will be issuing shares to Daniels Corp. and will be happening soon.
http://www.bloomberg.com/quote/8255610Z:US
I am hearing the same things that you are hearing from my source. (Probably same guy) Unfortunately, it is taking forever for this to all come together. I am also hearing that the stockholders of record b-4 the merger with Rhino will be awarded with shares from the other half of the company that was not merged with Rhino and will be coming out with its new stock symbol shortly.
That # must be way off because I have 9,832,000 shares that I have accumulated over the past 6-7 years.
Lets not forget this was a dead stock a month ago. Now news of someone taking it over has stirred some interest. Bottom line is Peter Scalise III did not take over this company to do nothing with it. Something must be in the making and now is the time to get in at a cheap price (before news comes out). Anything he does with this company is a plus from where it came from in the last 12 months. I will keep accumulating more shares and selling half as it doubles in an effort to get even more free shares for when this stock really takes off. Its a no lose situation for me!
I have been stock holder of plbi for at least 5 years. Regenobody is old news. That deal is long gone. If there is something going on here it has nothing to do with this stem cell company, unless they figured out how to deal with the 500k in questionable debt that proton had from back when it was a water treatment company. Plbi stock soared a few years back on the news of stem cell company but that faded and has been history. After Armando Casciatti gave company back to proton labs there has been absolutely no news or comments from proton labs for over a year. Now something new must be in the making. Hopefully we will hear soon as some people in the know are scooping up this stock real cheap right now.
Protonix Laboratories was a stem cell company that Armondo Casiatti bought from the original PLBI about 2-3 years ago. Before that it was a company that had some sort of water osmosis filtering system. The stem cell company gave the stock symbol back because there was apparently 100K debt that they said they did not buy when they bought PLBI. Check out the history of PLBI - its all there.
Nah! Not trying to scare anyone - just ecstatic that it has finally got some legs. I have been buying and selling this stock for years. I buy a million shares and sell 500k when it doubles. Patience pays off. I bought 1.5 mill yesterday at .0015 and sold 750K today. Made my money back and still have 750k added to my original 8 mil. No worries on me selling anymore for awhile. Enjoy the run.
That 500k block was me and it has been filled. I have 8,750,000 more but will not be selling anytime soon. Will sit back and watch it run! Been holding onto these since before PLBI was taken over by stem cell company.
That would be part of the due diligence!
FYI - R/M will not take place for at least another month - possibly 2. IFHR did first audit on its own and now party interested in IFHR is doing its own due diligence. As I said months ago, the company interested is interested because if IFHR's tax losses and it also gives this company a means to go public. Be patient and rewards will follow. Getting thru the SEC takes time.
Guys, I believe news could still be a few weeks off yet. They are still working on getting the "stop" sign off and I doubt anything will happen till they get that done. See pinksheets and keep an eye on when the stop sign comes off and than you will see this stock skyrocket. I believe insiders are just accumulating at that .20 point. I have had an order in at .18 all week and it has not filled.
Did you not read that some of my shares are restricted? I am saving them till I sell out my free shares so that I don't go over the 5%. The restricted shares do not count against the shares that are outstanding. I have owned this stock far to long and have way to much money invested in it to be dumb enough to go over the 5%.
500,000 (that's a ton in my mind)I will be holding tight till it gets to around .60 to .70 than I'll start moving some slowly as it runs up. Plan to keep 100k in porfolio after I get original investment back plus a little profit.
I own a ton of this stock from back when IFHR was owned by Arthur Viola. I actually put 100K into this company for restricted shares back when it was trading in the $1 range. It looks like I am finally going to get my money back out and most likely a very nice profit. Can't wait till RM news is announced. I think we will all be very happy!
There are very strong merger talks with a company that is doing over 15M in sales now. They are just looking for a route to go public and IFHR may very well be that route. My guess is that it is the people that are familiar with these talks that are buying in at this point.
People in the know are making this stock run because they know what is coming up in the next few weeks.