Re: About this AS folly---PQ questioning
posted on
Aug 26, 2012 01:35AM
(Edit this Message from the "Fast Facts" Section)
"AS obviously has interest, but something has been holding him back...and I'm just saying it COULD be conditions/impass with PQ, not that it IS the fact......pic"
My best guess on this is that when AS and PQ first talked they didn't talk details. It was only decided that AS would come riding in like a White Knight and save the company with his millions. Like most other SFMI news releases that are not proofread, are vague, are released with inacurate data, and are premature, SFMI releases yet another PR about funding that was too early and that didn't have any details, because there wasn't any.
Then the two got down to how it would all go down. AS no doubt thought that since the three stooges can award themselves obscene quantities of shares for QUESTIONABLE PERFORMANCE that HE should be rewarded in similar style! After all, he's providing the millions required to get the party really going. When AS detailed his plan of exchanging millions in cash for a sizeable stake in the company the reply was NOOOOOooooooooooooo, that's only available for blood relatives. AS, who has made millions making good deals, was most likely not impressed with the offer. So he becomes disinterested. After all, he doesn't need the money so why should he speculate with his cash unless the risk/reward ratio is clearly in his favour.
It's possible that AS is enjoying the fact that the SHM is fast approaching and there has been no announcement of big time funding from the advisory board. It's possible that AS is not even a little bit stressed about it either. It could be that AS made millions in real cash by being shrewd. Maybe if he doesn't get his way he'll leave PQ alone to deal with the shareholders at the SHM.