Re: Granduncle Fong To Form Cosmetic Company
Dr. Denese cosmetics company is not the publisher of the press release; PBIO is the publisher. PBIO has a credibility problem because it keeps not fulfilling expectations. These press releases that are not on Forms 8-K cause people who are of a suspicious mind to think that there is a good chance the statements are either materially misleading or really mean nothing. Management is not using Forms 8-K to make these statements because they could result in civil lawsuits if they are wrong. PBIO being specific and publishing its statements on Forms 8-K would go a long way toward restoring confidence.