Hi cabe,
good to hear from you ..... no doubt that the PBI drums are beating louder than they have for 12 months or so. Very intreesting to me that they chose the day the market was melting down to facilitate a large exit by one of the short term investors from the underwriting. They wanted greener fields when PBI didnt meet their profit-in-a-week timeframe and yet the big line of stock found immediate homes. All indications are that PBI will start to ink some big money deals in the UK soon enough and by mid-year the Cochlear connection and the benefits to medicvision will come into sharp focus. I expect PBI to trend back up towards .20-.23 within weeks; beyond that the expected revenue deals could drive it a lot higher. Management will want the market cap back up around $25m as a starting point to getting a few ethical fundies aboard. I see this company with a worth of $50m-plus minimum by years end .. that would mean a share price at .50. Now its disappointed many in the past 18 mnths, but as you say, looking at the research, the technology, the market, the cash they hold and the partners they have in their ventures and its hard to make a case that its all a sham.
all the best
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