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Bouncing between .0004 and .0005 again. Dang, when will we hit 6? This is a great stock that has a history of making HUGE runs from rock bottom. .0005 is a steal for this stock IMO
-------------------- -------------- PHBT all the way
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IMHO, The only thing that is going to make this stock move is some real news from the company. I admit I am one of the many who bought on the rumor of news posted here and on other boards. That with the tremendous volume got me in. Until we get news this is as good as it is going to get.
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Did we ever figure out what that news article was about on March 20th? "Early Bird Messenger Makes HUGE Discovery: PHBT Poised for Monster Gain" and then it was retracted soon after being posted.
quote:Originally posted by jerseyboy70: Green Demon, did you mean .0012/.0013 or 1.20/1.30?
.0012/.0013
It looks as though 5 billion shares have sold in the last 11 days or so. I think that I had heard that the total float is only 6.2 billion. Good things to come? I think yes!
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After re-reading the link that microtrader supplied, I came to the conclusion that restricted shares being sold in PA must be "put to the side" for 12 months thus reducing the float. Also, a large buyback seems to be projected. If the shares are retired to the treasury, that would also help the stock greatly. If the patents are awarded combined with these events, the stock would soar. The only thing, how long would it take? I'f I'm missing something, or off point, someone please advise.
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Looking at pinksheets.com news alerts on March 21, this company has received inquires for distribution contracts from Korea, London, Mexico, Germany, Japan, Taipei, and Canada! Also intrests from embassis of Ghana, Bolivia, Haiti, Italy, and Panama. This could be bigger than I thought folks! Check it out for yourselves! This makes me feel a whole lot better!
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Also, the alert from otcstockexchange.com said that its PATENTED water iodination process is the platform for 12 products. I looked for a prior patent approval on their website, but didn't see one. Do they already have a patent? Am I reading too much into this? If not, the patent could have already been awarded with news pending!
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When in doubt google it. I just googled PHBT patents awarded. They were awarded a patent for a water system back in Dec. 2004. That may be why the use the wording in their PR. It also shows that they did apply for the patent that we are aware of be no mentioin of it be approved. I'll keep digging.
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I am showing ask at .0005/ Last .0004/ bid at .0003- A couple of trades did go in at .0003, only a couple that I could see but still just a little worried that this may be the start of it creeping in the wrong direction. I had this happen with DDSI recently so I may be a little overly sensitive.
quote:Originally posted by J_U_ICE: This and CWLC I expected to run
I have 10 million shares of this and it's hard to wait when RSHN is making green everyday! with my luck though if I sell, it will run 5 minutes later for 300%..
-------------------- I teach in the middle of a cornfield-Do your own DD and don't base your investments on my opinions
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