Aytu Biopharma Scam explained

 

 

 

So this is a brief article outlining the methods used by con man CEO Josh Disbrow and his con man brother Jarrett Disbrow (must run in the family).

They have cost investors millions with their scam as they tanked their stock from $30 to 0.15 cents per share. Yep in just 3 years they have wiped out everyone's investment completely and when they do their next reverse split it will ensure nobody will ever be able to recover even a fraction of their investment in these two criminals.

So how does their scam company operate.

1) Be sure to have a master manipulator of a company's stock price. The Disbrow con brothers had Steven Boyd owner of Armisitce Capital LLC on their board and as a major investor. His company can make millions taking a stock down selling it short, using pairs trading and they are unscrupulous in their greed. Just Google Armistice Capital lawsuit and you will find plenty of reading material. e.g

https://news.bloomberglaw.com/health-law-and-business/armistice-capital-sued-for-looting-insider-trades-at-aytu-bio

2) Maintain control so you can offer up shares to the market and do reverse splits whenever you feel like it. Con man CEO Josh Disbrow made sure of that by reducing the amount of shares needed to pass a vote to 31%. This also made it a certainty when the company voted whether or not to give themselves MASSIVE BONUSES in Josh Disbrows case $500,000 on top of his $1.5 million dollar salary.

3) Find products to use to PUMP UP THE STOCK such as Healight and AR101, products that can easily obtain EUA emergency Use Authorization for extra "PUMPABILITY"

4) Use the proceeds from the "pump" for mergers and acquisitions to build up the company real estate making it look like they are adding investor value when in fact they are actually driving the stock and the company into the dirt.

Josh and Jarrett Disbrow the two con artists at the helm of scam company Aytu Biopharma recently paused their fake attempts to take these pump products through trials.

Investors were told by Josh Disbrow himself in a conference call that Healight was a "real moon shot" (his words), which for many was the only reason for holding onto their shares and now they are left with a worthless investment in a company that is no longer even pursuing that very product.

More insidious still is the false hope that con man Josh Disbrow and his brother Jarrett Disbrow gave to sufferers of the rare disease Vascular Ehlers-Danlos Syndrome (VEDS) only to pull their interest in that  product also.

The fact is Aytu Biopharma is a company that exists for one purpose and that is to line the pockets of the Disbrow brothers, the board and their hedge fund buddies.

There seems to be little interest in actually succeeding with any products but instead to merely continue existing to keep the money flowing into their pockets.

Why would a company not want to thrive and grow?

To answer that question ask yourself this, if you were making $2 million per year how hard would you try?

Josh Disbrow shows up for just FOUR earnings conference calls per year.
For one of those calls he didn't even bother to attend. The stock was tanking every retail investor was losing money and he chose to NOT BOTHER SHOW UP but instead went to work on a real estate project with his son in Mexico.

It's pretty clear how they operate with hindsight and the future will most likely be a reverse split followed by offerings, down the road when the last set of ripped off investors have faded away they will find new products to PUMP and the whole process will start over.

I for one will keep posting about their scam and hopefully prevent others from putting their faith and hard earned money into the hands of these two sociopaths whose greed knows no bounds.