Tuesday, April 18, 2017 5:34:00 PM
Oh, where to start????
First of all, they've purchased a "pharmacy" and "all its assets". The pharmacy "is about 8,000+ square feet of pharmacy and warehouse space, and includes a large loading dock and a secured yard to hold delivery vehicles."
Given the purchase price of $120,000,"all its assets" obviously consist of the 8,000+ square feet of warehouse space, a large loading dock, and a secured yard. After all, what will $120K buy? Either a super-nice car, or an 8,000 square foot empty building in a very (very, very) dilapidated area.
$70,000 of the purchase price is being provided by an "investor" who INSISTS that Greg Sundem be kept on as CEO. Guess we can finally officially wipe out that $50M in receivables, huh?
And PXYN is working VERY HARD on getting current with filings - aka being able to dump that last 900 million or so authorized shares of stock.
Who knows, the price may very well spike if PXYN starts releasing bogus news. So good luck to you if you actually own shares.
But what a joke!
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