Michelex Corp (fka MLXO)

[sawdin]

I was thinking that maybe "Pristine" meant that the facility was clean. The copy notes:
Pristine Pharmaceutical Repackaging Business
Pristine Pharmaceutical Repackaging Business
Pharmaceutical repackager and nutraceutical manufacturer and dsitributor. The cleanest plant I have ever seen with all the DEA, FDA permits and first rate quality system in place. State of the art packaging equipment and new leasehold improvements. You could eat off the floors of this facility. Sales are growing from $4 million in 2007. EBITDA in 2007 was a healthy $640,000. This is a great turnkey expansion opportunity or opportunity for a Company with a sales pipeline.

So I called the phone number for the listed broker. The number was no longer in use. If I was the broker for a potential $5Million deal, I sure as heck would have a phone number that worked. Thus, my speculation is the following:
1) Old ad, and probably 'Pristine' just referred to the cleanliness of the facility.
2) A not very elaborate scam. Doubt that is the case, any scammer w/ half a brain would have a working number. The scam would be to drive down the price of MLXO.

However, I know I sound like a broken record, but the reason we have to speculate is that the company has not been forthcoming with information.