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Re: Snizzle post# 23634

Tuesday, 02/21/2012 1:09:28 PM

Tuesday, February 21, 2012 1:09:28 PM

Post# of 95629
Im in aggreement on the fact that unsubstantiated rumors/allegations have zero impact on PPs tanking. Investors i think are too smart for that in the overall scheme of trading.

But lack of news as being the problem now i have a problem in aggreeing with.

Since fiscal year end, PHARMSTAR has released 4 PRs to the media that from a trading standpoint as an investor IMO should have given a very sizeable uptick in PPS.
#1-The stock reduction rollback IMO was a huge PR that should have garnerd market reaction. From a confidence standpoint.
#2-Worldwide distribution aggreement with AMS with a 5mil. initial order in works and an investment in PHAR through PREF shares. Should have had positive impact on PPs
#3- Aggressive & swift pursuit to obtain SEC fully reporting status. IMO another PR that by all rights should have gotten a positive market reaction.
#4-The multi-city Marketing campaign which is half way through should of as well should have caused some small market reaction, surely not near what others should have.

But since Sept 30 Fiscal year end PPS has dropped 85%. Would take a 700% one day gain today from the low just to get back to. This has occured as a steady decline while these should be key PRESS RELEASES FROM PHAR.

Not just the ones we know on boards , the new investors PHAR needs, need validity to PRs. Thats the reason for PPS IMO tanking.
NO UPDATES, NO CEO COMMUNICATION AS TO COMPANY STATUS AND NO VALIDITY THAT STATED PRs are in fact more than just typed words.
JMHO GLTA