Mr Moneymachine and his band of brainless followers all bagged me.
A few of you actually read and digested what I was saying. Companies need fundamentals to make shareholders money. If you look at PRR’s fundamentals you wouldn’t buy a single share:
Poor management
Non entrepreneurial board of scientist and academics
No money
Single IP project company with dubious results
No plan to bring their IP to the next stage
Huge cash needs due to a lack of any partner
Absolutely no possibility of creating a business
The 4 cent base has been broached just like the levees in New Orleans.
The floods are starting to poor out now.
There is one thing very very certain. PRR is about to go well into the 3 cent levels. There is now absolutely no shareholder or broker support for PRR Management and they have failed the shareholders
You were all told this would happen. Wait for the sub 3 cent but my bet is that they will now accelerate the consolidation I told you about and issue stock to raise funds.
4 cents is a good price now because once they do this desperate fund raising the stock you now own well be worth around 2.5 cents.
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