how's about an update on your comments below, or in lieu of the Benson Fairness Report, while we wait for more on news if/when the self-imposed Trading Halt being lifted on our Parent: http://www.cdnx.com/LCDB/Filings.asp?PO_ID=41005&NR_MODE=1
"I can't answer the panic viewpoint, but the pace certainly seems to have risne since that new guy Andrews appeared on the scene. Here's a couple of guesses, firstly, I doubt whether Vanteck itself can continue with its business plan without control of the patents it would recieve, second, the current investors in Pinnacle who have supported it for years, may just have had enough of the timewasting antics to date. The first gives a motivated seller, but the second gives a motivated "buyer". fact is 65% ownership gives the former more power than the latter. The IExperts report will give some independent view of the transactions worth, which lets face it includes a patent with less than two years to run. Guess that's why the SEI "giveaway" isn't quite what it seems. I understand the new boys are equally keen to make the EGM an AGM as well, in order to save some money. I'm beginning to like this public outpouring of awareness of using scarce resources wisely. At least every shareholder could then understand the true financial position of the PCE company without the capital raisings over the last year. Fact is I haven't heard of too many more SEI batteries going in . . . ANYWHERE in the last twelve months. So maybe not too much is being "given" away."
PCE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
