the sad truth, page-34

I think we are finally getting to the problem here, and it is management with no entrepeurnial skill (unless you put gaming the public stock market down as entrepreuniral skill). One quick look at other Palermo listed businesses should be enough to vailidate this point.

Unfortunately Palermo's name is all over everything that PNO is doing at the moment. There is no sign that other senior memebers /contractors are being included in any of the strategic decision making at PNO!!!.

I am out of the heads, and certainly will not be joining in the capital raising. I still own some options I bought at 0.1 cents, can't get out of those...ha

GL