Pressure Biosciences Inc (PBIO)

[noshorthere]

Cosmetics deal, hell. That's vaporware. Per the PR: "Statements of Work ("SOW") will be developed, with approved budgets, timetables, and remuneration formulas for both companies."

In other words, they agree to negotiate an agreement at a later date.

Everything about PBIO and their "Partners" is flim-flam. The CEO of Safer Medical of Montana is a convicted counterfeiter. Another CEO , John Kaweseki of North Star Holdings: “According to the order, the case revolves around Clover Top Holdings, Inc. and its founder John Kaweske. The order states that in 2015 Kaweske and two other partners incorporated Clover Top Holdings, Inc. in Delaware with a principal place of business in Colorado to engage in the cannabis business. They are being sued by investors in Clover Top; the court describes the victims as self-described “victims of fraud, theft, and mismanagement.”....”The order states that Kaweske simultaneously created a competing marijuana operation that received ownership of the assets that originally belonged to or were intended to belong to Clover Top Holdings. According to the order, Kaweske and one of Clover Top Holdings’ investors, Manuel Evangelista, transferred Clover Top Holding’s assets and subsidiaries to several other entities.” Hmmmmm. That competing marijuana operation would be North Star Holdings.

https://brokercheck.finra.org/individual/summary/2309807 “FINRA has barred this individual (Kaweske) from acting as a broker or otherwise associating with a broker-dealer firm.”

https://www.offshorealert.com/tag/john-kaweske/ “Fresh from the collapse of his fraudulently operated Cayman Islands based stock brokerage SEGOES Securities with a net insolvency of approximately $10 million, John Kaweske, Jr. has re emerged in recent months through the creation of his own fantasy world” …. “The liquidators of offshore stockbroker SEGOES Services Ltd. have obtained a court judgment for US$3.9 million against the firm's principal director, John Kaweske, Jr.”

Sounds like Mr Kaweske (North Star Holdings, et al) and George S. Ackerson (Safer Medical Montana, et al) both graduated from the same Bogus Business School, and majored in bad business ethics.