InvestorsHub Logo
Followers 32
Posts 3542
Boards Moderated 0
Alias Born 07/02/2004

Re: Wallstreetman post# 1088

Tuesday, 10/03/2006 8:34:59 AM

Tuesday, October 03, 2006 8:34:59 AM

Post# of 5096
Have you had a chance to check out Providential's filings and website? It's worth a closer look now that there's an official partnership between the 2 companies. I had some trouble opening various links to "Subsidiary Companies" and so forth....can't say I'm overly impressed by the website...maybe because the site's trying so hard to make an impression: there's the O&G connection, the telecom connection, the Bio connection. It seems like an awful lot of irons in the fire for a .018 cent stock.
I'd be curious to know if any of these subsidiary companies actually produce revenue or earnings or if they're all fluff.
And while the 30% number announced in the press release is impressive, where will Providential get 30% of, say, the start up costs for a huge mine or hydro project? Have a look at their latest 10QSB, (unaudited) http://www.hoovers.com/free/co/secdoc.xhtml?ID=118644&ipage=4438351-4657-40600

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.