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Agree!! 700 million on the bid at .0002, almost at .0003 x .0004, and people are acting like it's no bid. Crazy.
Well I keep buying it as it falls. Hopefully the patience will be rewarded some day!!
It's crazy. Every time this company puts out news, it drops further. Never seen something like this. I read and re-read the news and can't see any reason for it.
How many times in the cruise industry to departures get cancelled or plans get changed? How many major airlines have to cancel flights? How many train routes get cancelled or changed. It happens. I had a train trip all booked and paid through Amtrak, and they unexpectedly shut down an entire route, permanently. Too many moving parts to accuse Peter of knowingly trying to deceive or lie. I believe it was his best intention to make this a reality, which is exactly why the company is smartly not saying a word about anything any longer till it is 100% signed, sealed, delivered, and unable to be challenged.
PVEC LONG AND STRONG!!!!!!
I expect them to be worth $.20 in September as promised!!
PVEC LONG AND STRONG!!!!!!!!!!!!!
Yup, I agree. You have to look at it both ways!! A couple of ticks up make a huge difference :) If I were a more savvy trader, I would probably try and sell 29s, buy 27s, sell 30's, buy 28s etc., but I don't have the patience for flipping like that. I look at this as an investment, and so I guess that's why I expect more from Dr. Koos, but as long as there are big things in the works, I will be patient!
I appreciate it Dr. V. I follow you and a bunch of other guys here day to day for the confidence to keep buying (which I have every few days,) and as I said, I wouldn't sell a share of what I own, but it definitely tests the true longs watching the PPS day to day. I hope it all becomes clear soon!!
Actually, I have been in stocks and groups where people have talked about get-togethers before, and you are correct that they never seem to work out. Would be very cool if South Beach came together, but more important is that we all do well in this investment. GO BMSN!!!
Sad to say it, but on some level I agree with Merlin. I have held this stock for a year and have been a huge supporter (at least with regard to investing money in it.) I have over 7m shares now, most bought on all of the pumping when it was in the 5's, 6's and 7's. At this point, I believe that pumping and chart analysis is no longer worth it. If Koos has news, he should release it. If not, he should at least give some kind of an update as to the silence. I bought this stock because I believed in the science, and I still do, but as long as this is a subpenny, it will be flipped around by people who don't give a damn about the science.. they are daytraders. And daytraders lose interest in a stock which sinks day after day after day.
I will not sell a single share of my holdings, but at this point, the pressure has to be on Mr. Koos to show he cares, on some level, for those of us who have invested thousands and thousands of dollars in his company.
Can't wait for this to finally move so we can all go to South Beach as planned!
This company has a great product and tremendous potential. We have all seen that. At this point, we need to hear from the CEO, and until that happens, nothing else matters. We are all just speculating ourselves into a panic, and it shows in the PPS.
I live in the northeast (CT) and have never seen Lean anywhere around here, so I am going on the observations of others. Any idea when they are planning to expand beyond the south and midwest?
I agree!! Turner is looking for cheapies!
I agree you could mention him in the same sentence.. As example: "Unlike Ken Lay and Bernie Madoff, Peter Villiotis is an honest, driven entrepreneur, who against tremendous negativity from the impatient investment community which judges him, pushes every day to build a successful company which will ultimately become a major player in the travel industry.
I think Peter displays certificates relevant to his own industry. He is not trying to brag about higher education that does not speak to his position at PVEC. I am confident that the engineering background on his resume is 100% true. And by the way.. Even if he hadn't gone to college, lets remember that Bill Gates and Steve Jobs, among many other successful billionaire entrepreneurs, did not have college degrees.
I am sticking with him also Wrenchman!!!
PVEC LONG and STRONG!!!!!
I agree little pig. I think there are a lot of people who would "like" PVEC to be dead, but I believe it is alive and well and ready to explode.
If it's dead, then Turner won't be collecting any money from them. So what exactly is Turner's purpose? To see the company die and lose the opportunity to collect, or to see the company succeed so there is an entity from which he can collect? This is what I have never understood about Turner.. He spends ENDLESS HOURS defaming the company and doing everything he can to destroy the company, Peter, AND THE SHAREHOLDERS!!! and yet, he thinks somehow this will result in a payday.
That's what I said.. Honored "with the exception of the pay date." That's a true statement. They honored it to the letter with the exception of the ORIGINAL date.
And even when they changed the date DUE TO CIRCUMSTANCES LIKELY BEYOND THEIR OWN CONTROL, they still gave EVERY SINGLE shareholder who dumped their shares the opportunity to buy back in.
And let's remember.. They didn't owe us a thing. This is a gift (GIFT) distribution as a thank you to shareholders. That's like someone giving you a thank you gift, and you getting mad at them because you didn't get your gift as quickly as you would have liked.
Mark,
The thing with the A/S is that people keep calling it dilution without knowing the share structure. Shares issued and outstanding may be a lot smaller, and besides, the company was forthcoming with us about the possibility of boosting the A/S but not the O/S. I agree that there were bad PRs in the past, but I think that's why they are being extremely careful now. It's easy to forget when we're all frustrated with no news for a couple of months, but the reality is that shareholders ASKED PVEI to be more careful and not leave themselves open to attack for fluff PRs. I think they are listening to us, and I am hopeful we will have huge, substantial, and impenetrable PRs in the near future.
We all know how slow the government can work.. Maybe more external delays on that contract, or maybe the contract materially changed and they are not yet at liberty to discuss it. Could be a million things.
Kahuna, I have been bid sitting .0002s for a week now. If things start to move after the certs start arriving in people's mailboxes, .0002s and .0003s and .0004s may be a thing of the past Some people say that this can never get back to .001, but us longs remember that this used to be almost .02! People claim dilution based on the A/S, but without knowing the share structure, the A/S doesn't mean much. I think this could be bigger than we can even imagine!!
I believe they are in a self-imposed quiet period while they nail down everything they are working on 100%. PVEI has been trashed in the past for PR's and forward looking statements that have not come to fruition for one reason or the other. As an example, look at the February 28 PR regarding the gift certs... This is one they ABSOLUTELY honored to the letter with the exception of the pay date, and an army of people are accusing them of lying because of a date change that was beyond their control. I think this company is wisely waiting till the news they release is 1000% impervious to the attacks of their enemies, and until then, I am fine with low volume days AND the potential to pick up some .0002s if enough weak hands give up and move on.
PVEC LONG AND STRONG!!!!!!!!!!!!!!!!!!!!!!!!!!!!
How do you know they're not?
BUT.. as a former Carnival alum, Peter has made contacts and earned respect in the industry which will serve this company well moving forward.
I was referring to PPS of .032.
.0057 / .032 = .178 = 18% of the high just a couple of months ago (I guess a couple of months rather than a month.. my bad.) But I think people understood my point.
Considering we are at LESS than 20% of the PPS we saw just a little over a month ago, AND WITH NO LOSS OF BUSINESS, seems like tremendous upside potential!!
GO DEWM!!!
Took all I could at $.0057. Can't wait for some updates!! $.01 easy :)
That's true MoneyWorks! Every day we get stronger! Those who call for .0001s will have to find a way to break down ALMOST A BILLION SHARES OF BID SUPPORT AT .0002!!! It's much more likely we get back to .0003 X .0004 very quickly.
L2 looking great for a Friday!!!
Exactly!!
Yup it's the new US Post Office -- now capable of time travel! I'm surprised we are not getting them a day before they are mailed
I agree Kahuna!! I think Jason is a good person, honest and excited about what they are working on. I really believe he has been genuine in all of his communications with us shareholders.
PVEC LONG!!!!!!!!!!!!!!!!
Wow... people are talking doom and gloom on this board today. Can't really blame anyone as we approach the 2 month mark since the company has told us anything, but those who follow the leadership team at PVEC know that MANY things have been alluded to, and it is pretty clear that the company has taken extraordinary steps to execute the gift preferred shares distribution... AS PROMISED!!!
IMO, no company perpetrating fraud would go through all that work to execute that distribution, especially with all of the negative press they received regarding the date change which many of us understand had NOTHING to do with PVEI, but with external factors involved. Many have called the date change a LIE, but I maintain that a LIE would have ONLY BEEN TOLD had they not followed through. Changing a date is not a LIE.. at worst, it's an inconvenience to people who preferred to dump the stock and never look back after locking in their gift. Many of us have no sympathy for folks like that, but PVEI obviously did as they gave ample notice for everyone to buy back in.
Regarding the absence of PRs, consider the negative attacks this company has endured from past PR’s and forward looking statements. Someone at the company, wisely, decided that instead of PRing anything that was not 1000% nailed down and concrete, they would be silent for a time….BUT, for those of us who are not satisfied with that, they maintain a forum over yonder where people can ask questions and get answers from the company (and, granted, not all questions have been answered, but many have.)
This company is run by a seasoned veteran of the cruise and travel industry and YES, two “part time, absentee” partners. I would maintain that the two “part time, absentee” partners have shown a tremendous amount of professionalism, and as I have pointed out in the past, some of the greatest companies in history have been built by part time workers who work other jobs to put food on the table and part time for the company they believe will ultimately be their legacy. That’s PVEI. I believe in Jason and Kerry, even as others run for the exits with .0002’s hitting today.
As others have noted, there are endless reasons why the company raised A/S, and most have nothing to do with dilution. There may be reasons why the company is fine with letting the share price linger low for a time. And most importantly, there may be endless things in the works that only a select few know about, and it’s our choice to believe or not.
If you own 10 million shares today, you can sell for $2K and move on.. forget about this one. You will still get your preferred shares if you owned a couple of weeks ago.. OR, you can stay and forget it for a little while. Maybe someday those shares will be worth $10K or $20K or $100K… who knows?
No one knows for sure.. not me, not TURNER especially, and not any of the armchair quarterbacks either. One of the people who SHOULD know has told us a few times that $.20 was NOT an arbitrary number.. it has a meaning, and since that person, unlike others, has identified himself on this forum and others very publicly and honestly, I think he has a ton to lose by defrauding people and very little to gain by artificially pumping. I choose to put my 100% trust behind Jason and team, and I believe that there is a lot more here than meets the eye today.
PVEC LONG!!!!!!!!!!!!!!!!!!!!!! and STRONG!!!!!!!!!!!!!!!
Great post JRT!! Totally agree, and I have my 2 bid in also, but I have a feeling those may never fill
GO PVEC!!!!!!!
I agree 100% JRT
Well honestly, I'm sure Peter would like revenge as well for the endless hours of personal and professional defamation against him in which Turner has engaged for the last year. So I think it's a two way street at this point.. IF, in fact, Turner is really owed anything at all.
Actually, even with all the bad press over the A/S increase (some posters calling it dilution, though I disagree and believe it is for business initiatives which create a bright future for the company,) we are still holding strong at .0003 X .0004. Just imagine when the company let's us know exactly what they are working on!! We will go over .001 and beyond in a hurry :)
IMO, PVEI has learned that early PRs and forward looking statements draw harsh criticism and negativity. They are holding out till they have something concrete to release. Whether it's 2 days or 2 weeks or longer, I think longs will be rewarded for their trust in Peter's team.
PVEC holding up nicely I think!! Just under 2 full months with no news, and, yes, a few A/S increases (I believe for business initiatives which will increase shareholder value!!) and we are still right around .0003 X .0004. THANKS goes to a strong base of support AND thanks to the strong and consistent leadership of Jason, Kerry, and Peter.. all of whom clearly understand that premature PR's have only hurt PVEC in the past. I know they are working every day to ensure that one day we get news which sends the PPS north quickly, and which ensures the future of PVEI as a major player in the industry.
PVEC LONG AND STRONG!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
DAVID W TURNER continues his day and night never-ending effort to destroy PVEC, it's CEO, and shareholders -- laughably to his own detriment as he won't collect a dime of the money he (and only he) believes he is owed if he succeeds. Again - remember that Turner wants all of PVEC's shareholders to lose their hard-earned money, so weigh that carefully when reading his endless comments. His sole purpose in life is to ruin all shareholders along with Peter and company. History has taught us that people whose obsession is the downfall of others can not be trusted.
I agree LP. I'll be buying also. tomorrow could be a turning point!!