what now, page-118

Hello all When you can't say it better than someone else don't even try.

The following post is from DrBrooks on PDY, some may think it is appropriate for cdb as well.


I'm not a holder (and never have been) but I've been burnt many times so I follow this with great interest.

Here is what I think. NO advice given - just what I think and what I would do.

The Directors will put their personal interests above anything else. PDY is not unique in this respect.

The Company will go nowhere.
The SP will fall to .001
There will be a CR or it will go into VA or maybe get taken over for "a penny".

If I bought at .11 I would probably just hang in there (already done your dough) and pray for a miracle. I'd also join the legal action. Depends on what you have left though. $10k is worth salvaging even at a huge loss. $100 is worth waiting for a miracle.

If I got in at .004 or anywhere close I would bail asap.

I dont think that you holders realise that we non holders take no pleasure (black humour aside) in the pain suffered by holders. Borkk or whatever his name is, actually put this point across very well in another thread.

What these guys have done is disgraceful. They should hang their heads in shame and cease drawing salaries immediately. Maybe even cough up some of their own dough and buy more shares. Pigs might fly of course.

I hope I'm wrong and that you salvage something from this wreck.

PG