For the devotees of PIL - I suggest you read and absorb the info on the previous post .
Its very well intentions
Nothing has changed , as regards the info PIL releases on their progress , nor the need for them to do so .
Hopefully PIL will start releasing this info .
Not just some crap about how many registered agents they have .
We need to know how many participating and transacting agents & the number of transactions .
Looks like the news may have leaked out ...that possibly the Dec quarter figures are pathetic .
Personally I hope not - but wont the slightest bit surprised if they are .
Last trade today 1.3 cents . Where is Jaladin & his cheer squad - I thought they would be jumping to pick stock up at these levels . ( possibly have their head buried in the sand or looking at the facebook likes !!! )
PIL may well report a 400 % increase in transactions - but dont get too excited , that would mean about 12,000 transactions @ 10 cents a pop for December = $1200 - and given the number of agents on board would be a disastrous result .
Lets see what they come out with .
I'll give them the benefit of the doubt before any further comment
Remember PIL are spending about $500k - $600 K a quarter - so the the total number of transactions per quarter needs to be on a trajectory of some 6 million .
cheers VA
PIL Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held
(20min delay)