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surfguy

01/14/12 10:52 AM

#21890 RE: EarnestDD #21887

Deferrd Tax Assets are potential Tax Loss Carryforwards that can be used to offset taxable income in the future. These are the accumulated Net Losses that the company has absorbed over prior periods.
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dnizzle6

01/14/12 11:10 AM

#21901 RE: EarnestDD #21887

haha...every pink's financials can be "misleading." Its a part of the game
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TheFinalCD

01/14/12 3:23 PM

#21915 RE: EarnestDD #21887

ANNUAL REPORT FOR THE FISCAL YEAR ENDED
SEPTEMBER 30, 2011


The TRUTH is starting to come out already!!!!!!


Filed: 1-13-12
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=70758
409,200,000 common shares returned to treasury from Howard Phykitt on 10/31/11


Previous PR:
http://ih.advfn.com/p.php?pid=nmona&article=49562427
Howard Phykitt, has canceled and returned 535 million shares of his total holdings of the common stock of PharmStar Pharmaceuticals to the Company's treasury. He has accepted a series of warrants as follows:


Thats a 125,800,000 difference= what happened??????????




I am glad to see some proof in black & white:-)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70632625


8. Any increase of 10% or more of the same class of outstanding equity securities
CLASS DATE ISSUED TO % INCREASE
Preferred C 9/15/2011 OTC Capital Partners, LLC 100%
Preferred D 8/1/2011 Greenland Capital, Inc. 100%



Effective February 28, 2011, the Company acquired a 95.3% interest in Pharmstar
Pharmaceuticals, Inc., a Nevada corporation. This transaction will be accounted for as
a reverse acquisition for accounting purposes as a result of a change in control



**WHO HAS THE OTHER 4.7%** ???????????