Replies to post #30967 on Pharm Control Ltd. (fka PMCL)

[PhillyPA65]

Share price didn't change much on May 11th when the company announced the 8-5 forward split.
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Pharm Control Shareholder Update (May 11, 2007 - 9:45 AM)

The Board of Directors of Pharm Control Ltd. (PINKSHEETS: PMCL) is proud to announce that they have decided to reward patient shareholders with a forward stock split whereby shareholders of record on June 29, 2007 will receive eight (8) new shares for every five (5) shares they hold.

The company intends to proceed with the previously announced stock spin-off of the European distribution company after this dividend is completed.

Pharm Control Ltd. is still in the process of completing its change of transfer agents while awaiting the approval of the new stock symbol by the NASD.
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Price did drop on April 27th when they announced an increase in authorized shares up to 1 billion shares:
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Pharm Control Shareholder Update (April 27, 2007 - 9:30 AM)
Pharm Control (PINKSHEETS: PMCL) would like to update its shareholders by advising that the Company anticipates the name change to Natural Medications Inc., the new CUSIP and new symbol to be processed by some time in early May 2007.

In addition, the Board of Directors increased the Authorized Shares to 1 billion in order to have the flexibility of possible financings in the future but also to pursue acquisitions, particularly manufacturing facilities in Southeast Asia.

As part of this potential growth, the Company is looking into listing the Company for trading in overseas markets with an emphasis on South East Asia.