the sad part about your post is if i take all emotions out of it,i have to agree with it,im not trying to stirr the pot but i have to be honest and use my head and not go with the first instinct...to label you something we all dont like but to say all your homework to date when you were in this was correct...then later on when you were out of it...also was correct,i double checked everything and have to come with the same conclustions i only can hope like all others that the ship gets righted somehow and we make good money i still believe in this product and want to see it sucessful for all here too.
The financials are only good up to the end of September. But if you'd been paying attention, you'd might have seen this:
WILSON, NC, Oct 25, 2011 (Marketwire via COMTEX) -- PharmStar Pharmaceuticals, Inc. (PINKSHEETS: PHAR) (the "Company") today announced that it has signed a commitment letter for a three-year wholesale distribution agreement for its signature product line, Aquaprin.
The Company has signed a commitment with an international wholesale distributor located in Brooklyn, NY, who has committed to order a total of $5 million of Aquaprin over a three-year period, beginning upon PharmStar's initial operations for the production of Aquaprin, which PharmStar's management is planning for the third quarter of 2012. The agreement will require the Company to meet a minimum order requirement over the period of the contract before additional product can be made available to other distribution channels. Distribution includes the Middle Eastern and African markets.
Additionally, the distributor is also making a direct investment in PharmStar through its Preferred D offering to further the Company's goals of meeting its production deadlines.
Take note of that last part and the date the PR was released.
well in all honesty i know il be much hated but these are very hard questions the ceo should be forth coming with it looks bad but stll hoping he pulls this off,anybody in touch with ceo ? please ask the questions so we may have insight to what we have here,it will prove these posts one way or the other because the board is divided and we need PROCESSED info. thats accurate,it maybe what we want or not want to hear but it will be accurate processed info.