juanly, please enlighten us on this matter
please show us how PHGI has been handling the funds raised in a responsible manner, other than to pay themselves (and related parties) salaries and consulting fees.
and the big question is EXACTLY how the money is raised. If common shares are sold at prices that were artificially inflated by false and misleading press releases and public statements by Beebe, LaRive and other PHGI representatives, then they are in a whole bunch of trouble.
Meanwhile, since I am very familiar with how businesses work, I can understand the need to raise money. The big question isn't how the money is raised, it is what has been done with the money once it is raised. From what I can see, PHGI has been handling the proceeds of the money in a responsible manner.