Just and update.... Mr. Sodaitis (Chairman of the Board) and I had a long talk and it was very good talk. I'm convinced he is the correct person for the company and that most of the hurdles and delays have occurred due to Chris Esposito. It was wrong for Mr. Sodaitis to place in a PR, a paragraph, that announced that guidance for time-frame expectations should be coming by the end of this week or early next week... He wasn't fully aware of the depth of deception and undermining that Mr. Esposito had caused. Those who have researched the former allegations regarding Chris Esposito's alleged fraud will understand that there was a lot of baggage that followed him and all I can say is... what should be an easy process to get expected completion dates on PTOP audits were compromised by one person and that person is no longer with Peer to Peer Networks.
After our talk we both agreed to talk again later in the week. I had some ideas and Mr. Sodaitis wants to pursue communications. PTOP could be a 2018 turn around story. I'm crossing my fingers and hoping that it will be. I wouldn't trade emotionally and try to realize that now that the person with the questionable background is no longer with the company. It still may take a little while longer for all financials to be in order, but this time there is a legitimate person trying to get the job done.
Mr. Sodaitis seems to be very invested in getting everything back on track and diligently working on restoring the companies credibility. Heck, at least I've finally been able to talk to someone instead of Chris Esposito who frankly I never trusted. Time will tell, but I'm holding on to see if he can really make this a turn-around story like he said he is trying to do. He really thinks it will be and he's invested a lot of his own time and money to make sure it does. I plan to at least give him a few months to see what develops.
