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Re: InternetForumUser post# 283169

Saturday, 01/07/2017 12:20:27 PM

Saturday, January 07, 2017 12:20:27 PM

Post# of 346054
IFU, Peregrine's plan to

maintain their gravy train

is to become profitable. Not too many profitable Ponzi schemes.

Given Peregrine's track record, I don't believe management expects to sell enough post-RS shares to support the company, unless they show irrefutable evidence to new purchasers of a very good chance to make money.

Skepticism regarding Peregrine's future is fully warranted. However, Avid is a real, rapidly growing, profitable business. Bavi is not quite dead, and Peregrine's continuing Bavi efforts are managed in a low cost way in the hands of credible third party researchers.

We'll see if Peregrine management can rescue the company from what is clearly a difficult situation.

GLTA, Paul
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