Wow... people are talking doom and gloom on this board today. Can't really blame anyone as we approach the 2 month mark since the company has told us anything, but those who follow the leadership team at PVEC know that MANY things have been alluded to, and it is pretty clear that the company has taken extraordinary steps to execute the gift preferred shares distribution... AS PROMISED!!!
IMO, no company perpetrating fraud would go through all that work to execute that distribution, especially with all of the negative press they received regarding the date change which many of us understand had NOTHING to do with PVEI, but with external factors involved. Many have called the date change a LIE, but I maintain that a LIE would have ONLY BEEN TOLD had they not followed through. Changing a date is not a LIE.. at worst, it's an inconvenience to people who preferred to dump the stock and never look back after locking in their gift. Many of us have no sympathy for folks like that, but PVEI obviously did as they gave ample notice for everyone to buy back in.
Regarding the absence of PRs, consider the negative attacks this company has endured from past PR’s and forward looking statements. Someone at the company, wisely, decided that instead of PRing anything that was not 1000% nailed down and concrete, they would be silent for a time….BUT, for those of us who are not satisfied with that, they maintain a forum over yonder where people can ask questions and get answers from the company (and, granted, not all questions have been answered, but many have.)
This company is run by a seasoned veteran of the cruise and travel industry and YES, two “part time, absentee” partners. I would maintain that the two “part time, absentee” partners have shown a tremendous amount of professionalism, and as I have pointed out in the past, some of the greatest companies in history have been built by part time workers who work other jobs to put food on the table and part time for the company they believe will ultimately be their legacy. That’s PVEI. I believe in Jason and Kerry, even as others run for the exits with .0002’s hitting today.
As others have noted, there are endless reasons why the company raised A/S, and most have nothing to do with dilution. There may be reasons why the company is fine with letting the share price linger low for a time. And most importantly, there may be endless things in the works that only a select few know about, and it’s our choice to believe or not.
If you own 10 million shares today, you can sell for $2K and move on.. forget about this one. You will still get your preferred shares if you owned a couple of weeks ago.. OR, you can stay and forget it for a little while. Maybe someday those shares will be worth $10K or $20K or $100K… who knows?
No one knows for sure.. not me, not TURNER especially, and not any of the armchair quarterbacks either. One of the people who SHOULD know has told us a few times that $.20 was NOT an arbitrary number.. it has a meaning, and since that person, unlike others, has identified himself on this forum and others very publicly and honestly, I think he has a ton to lose by defrauding people and very little to gain by artificially pumping. I choose to put my 100% trust behind Jason and team, and I believe that there is a lot more here than meets the eye today.
PVEC LONG!!!!!!!!!!!!!!!!!!!!!! and STRONG!!!!!!!!!!!!!!!
