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PHBT .0004 X .0005- news that makes you go hmmmm- WEST PALM BEACH, FL, Mar 20, 2006 (M2 PRESSWIRE via COMTEX) -- Early Bird Messenger, a leading source of public company news, has information this morning that will line the pockets of many investors. According to our sources and our own legal research into this matter, thousands of 504-restricted shares of Pure H2) Bio-Technologies (Pink Sheets: PHBT) are currently being sold in Pennsylvania.
Once again, these shares are all RESTRICTED, presenting a serious dilemma for firms that require $2.50 per share short. Pennsylvania changed the statute VERY RECENTLY and clearing firms and transfer agents are STILL clearing these shares.

According to the law, "The person acquiring the restricted shall agree with the issuer in writing at the time of sale not to resell the restricted securities prior to the expiration of the 12-month holding period." Early Bird has research to confirm that these PHBT shares are still restricted, representing substantial upside for investors who purchase PHBT at a fraction of a penny, prior to the large buy-back projected. Seldom will investors see an opportunity of this magnitude.


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