Assuimg as I posted previoulsy that Turley needed to take out the S&L warrants that overhung any possible deal where PTSC used their shares a currency then Turley, IMO, bought the stock not because of the undervaluation but because the higher price was needed to do the deal with whichever company Turley is trying to scoop up.
Now given Turley's Rep as an industry insider I'm guessing that he has picked the sweetest apple in the orchard and not some Holcom or remote battery charger and he really needs to do the deal before someone else finnds out and snatches the apple from his hand
So why did he buy the stock in teh market to support the share price to allow him to do whatever deal he is dieing to do. Hopefully it will be announced at the SHM later this month. But stating that the valuation was too low based on 22 million in the bank and 400 million shares and no surety of any earnings stream was just absurd.
Time will tell teh Turley trye turley Tale....
Till we transcribe tomorrow,,
ta ta