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Wednesday, October 19, 2011 9:52:43 AM
Lets start our TREK back to .05= YE$
PharmStar Outstanding Common Stock Reduced by 50%
http://www.reuters.com/article/2011/10/17/idUS134576+17-Oct-2011+MW20111017
Lets look for an update on Pinksheets= http://www.otcmarkets.com/stock/PHAR/company-info
Previous Share Structure:
Market Value $9,988,794 a/o Oct 18, 2011
Shares Outstanding 998,879,352 a/o Jun 30, 2011
Float 92,000,049 a/o May 11, 2011
Authorized Shares 1,001,184,352 a/o Jun 30, 2011
Par Value 0.025
New Share Structure:
Market Value $4,300,000 a/o Oct 18, 2011
Shares Outstanding 430,000,000 a/o Oct 18, 2011
Float 92,000,049 a/o May 11, 2011
Authorized Shares 650,000,000 a/o Oct 18, 2011
Par Value 0.025
Public Float:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=50440
***THINK ABOUT IT FOLKS, PHAR HAD A MARKET Value OF just under $10M prior to the reduction, NOW the MARKET VALUE IS ONLY $4.3M
$4.3M AND HAS
Total Assets as per Filings with Pinksheets
35,706,272 This Quater
31,294,412 Last Quater
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