RE: Not Heading North Everyday15 Apr 2025 18:33
Who in their right mind still believes PHE has any chance of ever becoming profitable? The company has become a parody of itself – six years in and all we have are broken promises, meaningless Letters of Intent, and management rewarding themselves with “one last cheque” while shareholders are left holding worthless paper.
Aleksandra Binkowska and Howard White are supposedly “working hard” in Eastern Europe – according to whom? There’s zero transparency, no meaningful updates, and no visible progress. The recent Aquis announcement is just more smoke and mirrors.
Meanwhile, insiders like the White family are quietly offloading shares. If they don’t believe in the future of this company, why should anyone else?
PHE has become a case study in how not to run a business: constant talk, no execution, and a shareholder base growing increasingly bitter and disillusioned. The tech is vaporware, the “testing phase” is eternal, and trust has completely evaporated.
At 0.48p, this isn’t a buying opportunity – it’s a cautionary tale.