Proteonomix Inc. (PROT)

[Justfactsmam]

Call the company attorney...the rights to the liver trial outcome would have been transferred.

Also... IMHO...the last settlement with investors was financed with "toxic financing" agreement. Who knows how many shares they actually received at this point. Was in there interest to keep the share price down at .08 /.09 area...

It might be over as there does not seem to be an effort anymore to keep it down...except perhaps by shorts...

for reference on Toxic Financing:

Toxic financing usually refers to a convertible financing deal that is done with an adjustable conversion price, that is based on the share price...or the number of shares that can be exercised is unlimited. In this case the creditor received a note which entitled them to their money in increments based upon what they received as they sold their shares. The lower the price, the more shares they were entitled to.

Sometimes the company holding the financed debt will short shares of the stock at current prices in hopes that they will put such pressure on the stock and will be able to receive more shares (cover their short) at lower prices.
The lower the price the more shares they receive.
It is also called death spiral financing.

Typically these companies will front money to the desperate company and then sell/short shares to get their initial money back. They will then use the balance of their shares to short a company into oblivion...hoping that the company goes bust.

Who knows how many shares have been issued or whether they are shorting or continuing to short...