It is June 2 and new management should have had this done by now. Old management were idiots not to have the port document sign to rent the warehouse. The mess of the loan to Luxor is old managments fault.

They should have kept Luxor on as a partner and according to the contract they had with Luxor that who ever put more money into the project would increase their shares into PIC. If Palladon would have put the money raised from the PP into the project? Then they would have owned most of the shares in PIC and its highly doubfull that Luxor would have match the same to still have a 50/50 share in PIC.

As of what I think of New management? Well right now I think that as share holders we are all screwed. I hope I'm wrong.

svosteve