When 150M won't move a scam off .0001 I would consider that to be the "how high it can go" or the "top."
When the SEC wakes up from their naps, they might do something about a stock that trades when the corporate papers that control the SS have been revoked for more than 3 years.
Even if a "new CEO(CONman Executive Officer) with a new company and new plan" comes in and pays all the Nevada fees to reinstate the papers, the new "company" still has old debt to deal with as all these scams do. There would no doubt also be a reverse split.
Gary Berthold, the creator of PharmaCON Biovet did 2 in 2012 where he ran to by "buying" that scam in Aug. of 2009 while still the CEO of PHMB because he left in Dec. of 2009 via a PR saying that Ira Frohman was taking over. Gary even named 3 companies that Ira was involved with. Ira wasn't involved with any of the 3, but 4 or 5 days after the PR, Ira was suddenly in charge of one of the named companies. Wow! What a coincidence!
As more time passed he became the CEO of a second named company.
Another coincidence?
Here are the RS ratios that Gary just did.
Jan. 2012, a 1 for 500 RS
Shareholders approved another late that same year
a 1 for 50,000!
AS was and still is 5B.
Sounds like Gary had some inside information about Ira and his actions.
Shareholders approved a 20B AS here at PHMB,
what do you think the RS would be if this was to start trading legally again?
Sure, slap the ask and buy all you want and hold until .08.
Then watch as the "majority shareholders approve a 1 for 100K reverse split by written consent." "No need to hold a meeting."
"Don't send your proxy vote."
You see vote control like that in ANY stinky pinky and you've got yourself a SCAM.
GL
