Propellus Inc (PRPS)

[ZenMan 111]

melloyello1963, I think a big company buying us out is our safety net. To start, it seems that the SSOL officers really believe they can succeed with SSOL. I have mentioned their backgrounds and education before. They are not a quickly put together group of businessmen like most penny stock companies. Their lives and education are about solar. They all took cuts in pay rather than give up. But if selling out was their only alternative we won’t lose money but rather gain. When one company buys another, the sellout company investors get the same value they have in their company. If the buying company’s SP is .50 and the selling company’s SP is .10, then you will get one share of the buyout company for every 5 shares you have. Yes like a 5 to 1 reverse split. There is a good chance that if the buying company is a good company many will get on board driving up the SP, which will increase our shares of the new company. I believe the companies have to announce the buyout before they calculate the share trade giving the investor’s time to buy.
But with SSOL having signed $9,000,000 worth of contracts this year and a chance to win $10,000,000 from ongoing lawsuits, I think this is a big turnaround for SSOL. If they win the lawsuits they will be able to open new facilities and maybe start to build the solar power plants they planned from the beginning; becoming a solar and Energy Company. We can’t guess what the SP will be then.
I am holding my shares and I have many.