This company (symbol PHBT), has been operating since 1990. The company did a reverse merger in 1998. The problem with this company is that it does not report to the public true information and only reports rosey or good information.
For example; I did some research on the background of this company and found out that it has a judgment against it in Louisville, Kentucky; (Plantiff - Crown Services, Inc. 2002) The judgment was issued for $24,000. Pure H20 never told the public about the complaint or the judgment.
The company claims its a manufacturer of water machines. The company address is a car detailing shop in Boca Raton, Florida leased by the CEO's brother. The company has never had a sale in 15 years of existence. The company tells its stock holders and investors it is a manufacturer. The company has never sold anything except stock.
The CEO of the company is its only employee; for 15 years. The company's public relations person is Eleana Canendeo. This person is the CEO's wife, and never answer's the phone. The volume on this stock is on the moon. Up to 500 million shares in a single day. Although the company has no money on its balance sheet; no sales ever in its 15 year history; The company is selling hype. 6 billion shares issued.
This company is a scam. The public should find out what really is going on here.
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