I think with the updated Patent Valuation of $32M
which is almost $20M more than their recent Financial filing stated and there they had $31M in assets
So they no whave about $50M in assets and only $50K debts/ liabilites
They are moving into a BRAND NEW Facility that they are Buying, and Howard said that that there where more patents that are not even included in any of the figures!
I dont know if the NEW building will become an asset, but if it does, there will be even more value...need to ask about that?
I think the keo here is more of NO DILUTION for 6mos, and ALL o fthe insiders shares which are a massive 97% o fthe O/S are
under RESTRICTION for min 1 YR
you act like they have nothing and no money
obviously the do have funds or access to funds, or they wouldnt have committed to NO DLUTION for min 6mos.
Obviously the are moving along at an alarming rate to get into production, they freakin moved from limited info to Pinksheets "Current information" in just about 3 weeks from when they announced it!!!
The next big move would obviously be, getting the facilty ready for production, and getting off pinksheets, and on to another exchange!
I persoanlly think Pharmstar managment has done a Excellent job so PHAR in such a short period of time...
Please keep in mind they just acquired the shell