AI
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Friday, May 20, 2011 12:17:57 PM
That NEWS was big to us, but unfortunately was sunk in in the last two PR's that told about the move
http://www.otcmarkets.com/stock/PHAR/news
I even mentioned that to the company, and even though i was hopeful , the PR of the closing of the facilty would get us into the .03-.04 range...there just wasnt enough volume to substanciate your claim of company selling shares..
they have many means of getting money
preffered "C" shares is one of them....
not selling a few hundred thoudand shares into the market, especially at the bid...
IF PHAR price goes down for a NEW public company like PHAR
That hurts them to get Financing because the objective is to get the PPS to a very attractive level, so others will be banging on your door to do financing...
now other stocks that are on the wash rinse, repeat cycle, they just print shares, and pump and promote their stock!!
This concept isnt a good one for NEW emerging public companies like PHAR
they would kill the PPS and slowly die off...
FACT IS WE NEED TO LOOK AT PHAR MORE AS AN ((( IPO )))
THAN A SHELL BUYER... UNFORTUNATELY IT COST WAY TOO MUCH TO DO AN IPO, SO HOWARD BOUGHT AN EXISTING CLEAN SHELL... HE DIDNT BUY BMG* OR ANY OF THE PREVIOUS GARBAGE THAT WAS IN THE SHELL!!
http://www.otcmarkets.com/stock/PHAR/news
I even mentioned that to the company, and even though i was hopeful , the PR of the closing of the facilty would get us into the .03-.04 range...there just wasnt enough volume to substanciate your claim of company selling shares..
they have many means of getting money
preffered "C" shares is one of them....
not selling a few hundred thoudand shares into the market, especially at the bid...
IF PHAR price goes down for a NEW public company like PHAR
That hurts them to get Financing because the objective is to get the PPS to a very attractive level, so others will be banging on your door to do financing...
now other stocks that are on the wash rinse, repeat cycle, they just print shares, and pump and promote their stock!!
This concept isnt a good one for NEW emerging public companies like PHAR
they would kill the PPS and slowly die off...
FACT IS WE NEED TO LOOK AT PHAR MORE AS AN ((( IPO )))
THAN A SHELL BUYER... UNFORTUNATELY IT COST WAY TOO MUCH TO DO AN IPO, SO HOWARD BOUGHT AN EXISTING CLEAN SHELL... HE DIDNT BUY BMG* OR ANY OF THE PREVIOUS GARBAGE THAT WAS IN THE SHELL!!
