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Friday, June 05, 2015 9:15:40 AM
We know about the soon to be magical spin-off of liabilities to some fantastical entity that will relieve PRPM, SUTI and the Wizard of Oz from prior obligations.
We know that Eddie has just a tad bit of baggage associated with his name.
Is the supposed "good news" the possibility that Jorge can now issue shares to potential partners so they become part of the PRPM family? Is that it?
Does anyone believe that with Eddie as Chairman that any conceivable (unlikely) profits would benefit the Company shareholders?
Every possible cent of revenue will go into Eddie's pocket or his cohorts. It could be rent for space in his "mothership" office, consulting fees paid to Eddie's cocker spaniel as corporate barksperson, financial management fees paid to Scott (because we know what a genius he is.) And then there's the miscellaneous on-retainer bail bondsman for whoever gets arrested. Maybe Jorge gets a taste (probably not).
For shareholders? Nada.
Other than a blip if someone is gullible enough to eat up a mangled English PR from Eddie, why is any of this positive?
More of the same coming down the pike.
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