Polish this turd all you want, but this is still a turd.
Face it, the company financials tell it all - here are a couple of highlights:
Employees = 2 - one that runs the Fish Farm business, the other pretending to be a BioScience expert
Cash = $17k
The Company incurred a net loss of $995,080 during the nine months ended December 31, 2012 and had negative cash flow from operating activities of $245,070 for the same period. The net loss is primarily attributed to the G&A for the two guys to run this company - the rest is for Interest Expense.
Bioscience assets = $0
Equity stake in n3D = None shown after more than a year since the deal was consummated.
JV partnership with n3D - does not exist
Proposed JV with AMBS - still does not exist after many months of waiting
Outstanding shares = 11.4 million - an increase of 24% since the last quarter, and an increase of well over 1900% from a year ago!
Share price = $0.32 - a drop of 99.4% from a year ago's high of $53.00 per share. It should be noted, that the share price has dropped over 25% of its value since one week ago when this most recent pump started this week.
