You guys can dredge up the past all you want, but PIII clinical trials and FDA fast track designation is legit. Unless, of course, you think the FDA is part of the con. And 21 million shares exchanging hands is hardly a few pumpers & dumpers gaming the system.
I'm retired from the PHARMA industry. A drug making it to phase III clinical trial is huge, especially a drug that is effective against cancer. Seems a no brainer to buy about $10,000 worth of PPHM. Then if the drug works add two more zero's onto your initial investment - at least.
Lets just say their phase III clinical trials are successful and they come up with a treatment for Lung Cancer. Sure, its a lottery ticket, but at $1.75/share the downside is limited while the upside seems almost infinite.