Can see by the thumbs up and good analysis, theres a lot of holders lurking wanting something to believe in. Yeah this has gone up before on nothing, but we have convertible notes out there now which will create a lot more over hang so will be harder to get those runs we had before.
2024 basically been a year of falling for PIL, to be fair though its been rough for a lot of spec companies.
I know spec market is risky, but not all specs are created equal , some have management genuinely trying to build something , some are just using the company as an ATM whilst they enjoy a nice life style, with CR after CR and then when shareholders are diluted into oblivion, they do a consolidation, name change, and the whole story again, getting paid millions along the way whilst shareholders lose everything. I would like to see some legit growth before buying in more.
PIL Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
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