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Re: None

Tuesday, 08/29/2006 10:33:34 AM

Tuesday, August 29, 2006 10:33:34 AM

Post# of 3958
If PHBT had buyers they could sell Patent Pending. But they don't. And even if they did, once the phantom product(s) were patented, they would have to obtain approval from the FDA which takes on average 3 years. Personally, I don't think there even is a product -- just a concept drawing on paper. They have no employees and no plant or office.

You know the CEO had a pretty good plan.. Put an idea for a patent on paper then cash in by going public on the Pinks. No financial statements needed, no expense for offices, just the occasional fees and licenses for a shell corp and patent fees. Now that's called making $$$.. Bwhajaaa!

Investments = Daytrades gone bad