Am not sure why Rifici kept feeding us with misleading...

Am not sure why Rifici kept feeding us with misleading informations which when discovered he would later acknowledge as "Initially incorrectly used wrong source".

As at December 2012, Pharmaxis has almost 10 times more current asset than current liabities $70.17 million vs $7.6 million current liabilities.

The company Gross profit has increased from $406K in 2011 to $913k in 2012.

Just like any other junior drug company, Pharmaxis has been aggressively investing on research and development, which is very normal. The same goes with most of junior mining companies,investing heavily during the exploration/development phase which a sign you would find in a a very active company...with a goal of moving forward.

Earning per share has also increased from 2011 to 2012.

So am not sure when you say this company is not moving forward other than your main intention is to accumulate share on the cheap or to short the stock.