Re: This is unbelievable 52 week low was .26 and were at .267/BaNosser
in response to
by
posted on
May 23, 2008 09:24AM
I'm not saying a merger with TPL is neccessarily a bad thing either.. its the valuation of the company, of which our market cap I would guess would play a significant factor, I'm concerned with leading up to said merger... What has our market cap approx average been for the last year? ..how about the last 16 months or so? Do you think Leckrone would insist on using this as a valuation device of PTSC? I would hope that RG would object to anything occuring prior to Reexam results.. I have stated such numerous times. If I was Leckrone.. I would want it done prior to those results.. or at least prior to most of them... so I could get as much out of PTSC as possible.. unissued shares and 'whatever else' PTSC may have of value...
Do I think RG's stupid... heck no.. he gets a guarnteed half mil $ after nine months regardless..
The point is.. we are in this position.
and those who put us here IMO are Leckrone & BoD (& Swartz of course) .. and now we get to see what they plan to do with us here...
regards