I'm sorry, ROFL, I have to take issue with some of the facts you have presented here. I'll preface this with saying I am not a basher. I am a stockholder that REALLY wants this stock to rise in price. I bought into this company because I believed and still believe that it has enormous potential, it is only the management and their continued lack of communication and refusal to answer the hard questions that I have issue with. But I'll get to that in a moment.
On a point by point analysis:
- Stock near its 52 week low
-The stock traded from .01-.07 in anticipation of Cowboys and Aliens movie starring James Bond (Sky Fall) lead actor Daniel Craig
Yes, indeed it is at a low and it did indeed trade at that range prior to the movie being released. It has since plummeted and the company has not filed a year end report for 2011 or a quarterly report for anytime in 2012. We have had no financial reporting of any sort for nearly a year and a half. I have a hard time believing we will see a significant upsurge until that is corrected. I will fully concede that this point is my opinion and I could be wrong.
- Cowboys and Aliens 2 production slated for 2013
Please point me to an official press release from Universal or Dreamworks, the companies that currently own the Cowboys and Aliens brand, that states this. I honestly, truly would be ecstatic to see such a thing, but to date the closest I have seen is a blog by someone looking at how the franchise could still be worth something or a musician claiming he is scoring something he calls an "animated graphic novel".
-Development of "Atlantis Rising" project with Mark Canton is moving steadily
Again, please point me to an official press release stating what progress is being made. Mr. Canton (a member of the Board of Directors of this company) being attached is not a studio being attached or a writer or a director. THOSE I would count as moving steadily.
-Solid Website with pending movie projects and Comics
Their website disappeared for several months. Recently, an older version has reappeared with outdated information that was last updated in August of 2011. Their twitter feed has not been touched in nearly 4 months, either, with the last post saying there was great stuff in the works. I'll get to their address in another post in a moment.
-PDOS is the owner of drunkducks.com which they recently purchased.
This is completely wrong. Drunk Duck was purchased by the company in 2006 and sold to former president Brian Altounian in 2010. Those facts are on the Platinum Wikipedia page.
ROFL, I really hope you're right. I hope the company hits .02 or .20 or 2.00 someday soon. I will BEGIN to see a return on my investment and the time I have spent cheerleading this company. That's not going to happen on the backs of investors lured in by false information though. We, as investors, should be focusing on pushing the management to set this ship right and utilize the potential here instead of trying to lure more innocent people to the fold with misinformation. I STILL believe in the potential here. I believe we can hit .20 or 2.00, but not until we have the people in charge come clean and put the company and its investors before themselves.
