Just a thought.... Remember when we were paying for counsel from that slick Madison Avenue law firm? Do you think Petar may have concocted a plan with them to eliminate the short sellers, flippers and hedge funds? Think about it. In good faith he has warned the shorts several times by posting unaudited financials on the web site. Obviously, this group of thieves is a bit more hard headed than most and have consistently thumbed their collective noses towards him.
Petar needed a little more time for Wessal to accumulate. A small delay in posting the financials serves several purposes. First, it gives this Arab partner, and VERY good friend of the company, the chance to complete their block at a decent price point. Secondly, it stirs enough doubt for the skittish to exit their positions. Don't underestimate Petars loathing of the day trade crowd. He has first hand experience with the mentality of this ilk and he can't get away from them fast enough.
Imagine, here's a guy that does multi-million dollar deals sitting on pillows around a low table with strong coffee served in demitasse cups. He moves in a business environment where your word and loyalty supercede the price of materials. And then he reverse merges into an American public company where penny gamblers crawl up your butt daily just to see what the steak looks like! Every word is disected, ad nauseum, in public forums, every twitch, every conversation, examined and probed until you don't even want to open your yapper for fear some goofball with 50,000 shares will revile your entire family from the basement of his parents home.
Oh, Petar knows EXACTLY what he's doing and the execution is going to be a beautiful thing to watch. Very soon we will witness what Steve Sulja promised not long ago... one of the greatest short term returns in the stock market. The fuse is lit and soon it will be fireworks.
Saluting the best Southern "Jam" band... Ever!
