I see you newbie guys are following the same script as the FASC adherents, with the market makers' manipulation, evil naked shorts clearly being responsible for the steady fall of the stock, but that the charts are screaming at you to buy, and that only good things are going to happen to Biophan.
Well, guess what?
You don't need to look beyond the facts that these guys have set up an extraordinarily toxic finance deal, which they're looking to fuel by issuing another 625 million shares on top of the existng float (that alone should reduce pps down to less than a third of a penny - just imagine how many shares they'll issue to their "sewer rat" buddies every month when that happens), and that they like to transfer any cash on BIPH's books to private hands such as the mysterious private owners of Myotech and the less mysterious owners of Technology Innovations.
I can only think that's why they won't use their cash to buy back shares and avoid MegaDilution.
The other factor is that while they talk a great game, the only real prospect they have left, the Myotech CSS, is still at least two years away from commercialiaztion, just as it has been for the past several years, and there's zero news on human studies with the device.
There's a reason this stock has fallen by well over 99% in the past couple of years, and it's called the management, past and present, of this sorry-looking money pit.
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