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Message: Re: re: "stored" deals.. I agree with you in part.
1
Oct 05, 2009 11:25AM
22
Oct 05, 2009 12:31PM

I can see where you are coming from here, and agree that 'stored' deals does leave room for undesirable nefarious activities. In a perfect world, all would be disclosed and transparent, and I would sit here a happier (and probably richer) man.

However, the events of the last 3 years have left me with the impression that, to date, the retail investor has been last in the order of priorities of previous (and mostly current) BOD, and that "obviscation, non transparency, broadened insider advantage, and PTSC stock manipulation" has been what we have been living with on a day-to-day basis. Unfortunately, this is now public record and easy DD for any new potential investor.

I do also understand that the PR wording is probably designed to light a fire under the license hold-outs, and that the end result might be to incline these companies to sign-off and hand-over. However, the 'storing' and simultaneous announcement of these 3 licenses is unlikley to directly benefit this process - they could have announced 3 separately, and written 3 diffferent and increasingly more effective PR's.

I just like to believe that, for once, someone decided that the effect of a 3-fer license announcement might jolt the PPS more that the previous 20-or-so single license announcements, and they decided to do it this way to signal that the PPS is now something that the BOD is trying to take seriously. $100M and 85% PPS depreciation later, it is certainly about bloody time too :)

Value your T's and O's

S

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