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Re: Herb1 post# 2468

Friday, 03/24/2017 11:17:25 AM

Friday, March 24, 2017 11:17:25 AM

Post# of 8795
HI,Herbert, the real fun will start next week. Company also pr'd that BK Code will be ended in "a matter of weeks". NO obligations, no debt. the super tiny float and insiders can't sell on this period (they never had intention to do it either)

$4.654 million cash in P10 in exchange for shares of the company’s common stock representing approximately 48% of the company. That's equal to $10m value vs $4.5m ( current cap).

In addition, 210 Capital will provide up to ten million dollars of financing to be used for acquisitions.

$15m investment. PIOI will be trading at a double or triple PPS in a week or two. imo

Per CEO, PIOI's patents (21 registered patents) are primarily associated with energy storage in the form of compressed air as well as turbine technologies.

PIOI might sitting on a gold mine here. GE, AES, And major Solar and photovoltaic companies might be interested imo.

https://www.fool.com/investing/2016/07/25/3-companies-poised-to-win-as-the-energy-storage-ma.aspx

please read sticky post: .."They currently have inquiries on a few patents and are looking to mainly use them to create profitable partnerships, sell patents ONLY if price is right. Also, they expect this whole process to be over soon with all paperwork viewable on their website, they are trying to be as transparent as possible. All current shareholder value is protected. I can conservatively put a near future range of .75-1.25 share value on this company. 210 capital bought in at an 87% premium when the deal was made, which means they could have bought in for almost half of what they did. Also, they have come to agreements with all of their creditors so nothing will be contested in bankruptcy court. I'm happy with the direction they are headed in".




My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.

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