Thursday, September 29, 2016 8:43:03 AM
There's daily downward pressure on PPS as a result of issuance of convertible shares for operations and stock based compensation, and no prospects of near term fundamental change to affect this pattern -- plain and simple.
Judging by the ridiculous expenditures on .biz domains, and hefty compensation packages awarded to Hawkins, Sassano, and notes due to Paul, and even the attorney ($25k convertible in December for Atty), ALL of which include some degree of conversion -- up to 25% market discount, and with no significant prospects to offset these obligations -- then the current pattern is all but guaranteed.
The question then becomes even simpler, and let's be honest --does anyone see this pattern shifting in any meaningful way in the next 3 months?
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