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Re: pmaher post# 24456

Monday, 05/18/2015 11:45:09 PM

Monday, May 18, 2015 11:45:09 PM

Post# of 47873
You raise some good questions. You're the first to bring this up and I honestly do not know the answer. Maybe I'm the eternal optimist here by not thinking Platinum is the evil monster everyone is making them out to be. Considering they've renegotiated at least one set of their options to above the $1 mark I think speaks some good faith. As does their willingness to allow the BAM note to be above theirs. I know they still have a sweet deal with the conversions and interest -- no denying that. But I just can't believe that now that they're closer than ever to being in the big league, that they're not going to do something on some level to help push the company there. And I also can't help but wonder that they would want to convert and hold onto their largest amount possible for the proxy vote. I would think they would want a higher price both for liquidity and for their own profit for their millions of shares waiting to be converted. That's one of many reasons I believe management. I don't think their goal is to drive this company to the ground -- not with everything that it has going on for it right now.

But what do I know. That's just my two cents worth. And please hear me I'm not in any way denying the debt issue. It is the elephant in the room and it would be great to get clarity on it. As I stated in my post, I'm not sure we will get that until another quarter or two and operations is indeed delivering as they've indicated it will be.

And if you don't think my post is all encompassing enough I'm more than happy to add to it or remove it completely. I'm also happy to step aside as moderator as it sounds like I hold the minority view on this board. I honestly thought there were more people who had a little more optimism for this stock, but it doesn't appear to be the case at least on here.

Have a great night everyone.

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