Agree RandM999,
The truth of the matter is PPS will not get to "pump" levels unless a few things happen. You obviously mention the distribution channels which would increase exposure as well as revenue, but I think the third and maybe biggest obstacle is the Share Structure. Currently we are at what 2.9 billion O/S? Mine has another ~200(?) million to dump on us?
Look, it is great if indeed they are "debt free," but how did they get there? Did they use shares to pay it off that will be dumped on us shareholders to pay for or did they use actual revenues? IF they used revenues, I see this as a HUGE positive in the sense that the management believes that revenue flows will be sufficient to not only pay debt, but keep up with demand. If they used shares...well then just another case of MINE management taking full advantage of us shareholders. I will wait patiently to hear if this is indeed fact and not just another "pump" from some posters on this board. I have been off the board for a few days, so if I missed a new release, filing, etc that verifies this I apologize and ask someone please bring it to my attn. All I have seen is..."per my DD, Mine is now debt free." I am sorry, but what DD? Why not share it with the board of how you came up with that? If posters have then I apologize, but I have not seen it. It is like me saying... "Per my DD Distribution channels to Chicago, Dallas/Houston, and the Upper Northwest are very close." I offer no fact, just opinion based on very little DD.
News? I doubt we see any news until after the filings (10q) are released. This is an assumption on my part due to the fact that history has shown that MINE likes to release news in bundles after a financial is released. I do not know why this is, but IMO it is to cover up the crap financials they have been taking to market. A very positive scenario for me (what I would LOVE to see) is financials get released (hope they are good, but bad financials can have positives to) and then come out with 1 news release speaking directly about the financials and why they are what they are. No BS fluff...no forward expectations...we are over that. What is MINE doing right now! Why are financials were they are and how do we make them continue to get better. I don't want to hear..."Stay tuned", 2 major retailers in the works, yada yada...give us FACTS!
GLTA
AI
