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Alias Born | 03/30/2011 |
Thursday, December 29, 2011 7:54:32 AM
Everything we have put together here in the past, we have done together and it has taken a lot of people with a lot of different perspectives and a lot of searching - not just one of us. And if I was such a genius, I wouldn't have lost as much money as I have.
I don't know any verifiable information which has changed too much...but when one starts listing events the sum does not total up properly.
1. 4/26: PharmStar entered into a contract to purchase the building - I have not read where the deal has been closed.
http://ih.advfn.com/p.php?pid=nmona&article=47421902
2. We heard about the 20-City Tour in June, now a couple cities are scheduled in January.
http://ih.advfn.com/p.php?pid=nmona&article=50506899
It will take 8 weeks to get to 4 cities. How many successive weeks will it take to get to the others?
3. 10/20: A distribution agreement was signed and preferred shares were at least inferred to be sold. We have not heard an update on that since - how many were sold, how many have yet to be sold?
http://ih.advfn.com/p.php?pid=nmona&article=49611119
4. 10/18: Share Reduction announced. It became effective immediately, but has not been official yet the last time I checked with the Delaware SOS.
http://ih.advfn.com/p.php?pid=nmona&article=49562427
My opinion (can't verify it) has been for some time that PHAR has been in a financial struggle. I don't question Mr. Phykitt's determination, his dream or his devotion to getting this product to market. Everything I have discovered about him verifies that he is the real deal.
But even the best ideas and products don't always make it to production, onto the market or even succeed on the market for many business reasons. I'm still pulling hard for him and PHAR, but I think the company is at a very serious fork in the road right now.
I am very proud and thankful of all the research we have done together here and have tried to give everyone the benefit of the doubt, whether positive or negative. My position is and will always be that substance should convince someone what are good choices to make with their money - not whether someone posts in an overly optimistic manner or whether they intentionally post negatively. I have always thought PHAR was above pum*ing or bas*ing. I am distrustful of most posters who very freely tell others what they should do with their money. I immediately question their motives. I have enough problems deciding what I should do with my own money, let alone try to bear responsibility of the decisions others should make with theirs.
All The Best & Go PHAR
Ride $The Wave of Integrity:
http://investorshub.advfn.com/boards/board.aspx?board_id=16203
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