Re: Sheldon selling ... Its either done or very close to it. Onward and Upward!
in response to
by
posted on
Sep 13, 2015 04:00PM
...but its really only his opinion as to where the selling is coming from. Not coming from the company and all, its still just one mans view-Cheapinski
What are you guys trying to accomplish here today?
Its one mans view that controls 6-8 million shares.
Its one mans view that has connections to the investment world.
Its one mans view that was involved in saving Poet from financial ruin.
Its one mans view that converted all of his warrants without selling a single share.
Its one mans view with trading patterns to match his theories;
-Fact-Poet is in stealth mode and will not answer questions till the September 30th. The fact is, Poet will neither confirm nor deny this to be true at this time. Also, companies rarely (rarely) comment on trading activity. I expect they will not comment.
-Fact-KEK did a private placement.
-Fact-KEK's SP tripled on huge Anonymous buying.
-Fact-PTK SP dropped on huge Anonymous selling.
-Fact-The timing of this selling and buying information follows exactly the same pattern for SP and volume.
-Fact-Sheldons resignation fits the scenario perfectly. Sheldon resigned on the EXACT day that KEK announced its private placement with Personas.com Corp. Sheldon left to "build his business".
-Fact-KEK is a former personal holding and PNP holding under SI's leadership.
-Fact-Sheldon was not a true insider and has a poor reputation in the industry.
-Fact-PTK has dropped primarily due to Anonymous, National Bank and Canaccord (all know for Sheldon and PNP purposes)
-Fact-Poet has had the correct number of share volume to match PNP, Sheldons and warrant conversions.
-Fact-Almost all warrant conversions are completed. Mazan included.
-Fact-Creditors are forcing PNP to sell anything that is not nailed down and Poet is the only legitimate liquid Asset they have.
-Fact-No other theory has come forward that even comes close to explaining what has happened to PTK's SP.
So, it is not just one mans random views. It is one mans views backed with a considerable amount of supporting/circumstantial evidence.
This type of banter is exactly the Sunday talk that seems to work its magic here. Before markets open on Monday the traders, shorters et al come to the boards to place doubt in the minds of investors. It is so easy to place fear and provide no fact. It is so easy to criticize and provide nothing substantial. If this is not your motive then why contribute to it?
I met Mazan at the AGM and believe him to be a man of integrity. He is a PHD (a surgeon) helping people on a daily basis. He has no ulterior motive; except to share with the Agoracom members what he knows to be true. Under the circumstances, I will take his word for it over others weak speculations/criticisms.
I believe Mazan's scenario to be very close to the truth. I am also happy that Sheldon is no longer on the board and that he has liquidated his shares (or close to it). I will also divulge that I voted against Sheldon's placement on the board last June ("YES", to everything else). We are so very close to the end of the month and I expect that we are going to have plenty of positives to talk about in Q4. Perhaps we will get 1 or 2 news releases before September 30th to get us started. Ciao. Stay the course.