Tuesday, September 19, 2017 3:00:35 PM
PMPG doesn't need more shares in the market, it just needs something in the shell that is lying empty and dark. More shares won't do anything but destroy the pps.
The Satic "deal" came out of nowhere, even Satic was surprised at the announcement but confirmed they were looking at options at the time. I'm sure Pope is trying to work something out now, he needs a deal at PMPG to get some value just like we need as bagholders waiting around.
IJJP has a bloated share structure already, they killed it by dumping over a billion shares in the last attempt to "merge" into something of value, and when all was said and done they took the money and ran leaving the share structure in shambles.
They haven't had the chance to do that here...yet, but giving away shares to IJJP bag holders only makes sense to those holding IJJP shares...ain't going to happen. Pope has enough here to make some cash with his shares on any merger, diluting those shares would only limit his potential profitability with PMPG shares. I
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