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Re: Ruellit post# 8726

Monday, 03/14/2011 10:03:59 PM

Monday, March 14, 2011 10:03:59 PM

Post# of 17527
Take it or leave it!


Today's action be it P&D or the real deal, anyone doing their DD on this company will find that we are still way undervalued. I've been here for 2 + years waiting like several others for days like today to happen, because we all knew it was coming. Also, what we know is 0.06 sp isn't even in the ballpark for what this should be trading for. Many of us are thinking $2.10 per share would be a good start. That was the share price when the company announced it might being going bankrupt. At that time PELE was laiden with debt and income was insufficient to meet the demands of the creditors.

Today's PELE has no debt because of the efforts of Charles Champion (ex CEO), has recurring revenue, 40+ million in cash.

To help you with your DD read Riverdog's posts. This guy knows how to dig up little known facts. Other posters that might help are zoonal, festus, Cowboy, or myself. The best source amoung these is Riverdog.

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