Stick to PNO Wong, putting myself in your place, I can see this might be a little tricky though!
PNO management announced last December, that is 2010, A distribution agreement, we waited for details we got an ann saying it is delayed till January 2011, Gross Mark came on and holders expected proper details that will show that PNO got a good deal. They raised money based on Hope. And till today, that is 6 months later, holders haven?t had a word, not a single detail about this agreement.
If this deal was good for PNO, wouldn't you think the details be announced, if not glorified?
Why the shareholders are are kept in the dark?
I can see some posters here starting to butter up the idea of a upcoming cap raise. Just like I expected!
And yes it is true, no raise without some sort of a pump and a spike, happened many times before, these are dangerous spikes though because they last a short while, the one before the last, from 0.008 to 0.012 and back to 0.008 again all in half an hour, and many were stuck there for months and some lost their capital!
As always DYOR
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