Tuesday, March 20, 2018 5:43:25 PM
I just caught up with all the posts since i replied to that initial post this a.m. about PIOE briefly zooming to $1.48 before retracing a bit.
I don't know what to make of the SEC filing by Webb. I had seen last year that he had this hedge fund going (or whatever it is). I too am a bit fuzzy about the existence of all these different entities and can only wait for the 10-K and then another 6 weeks or so for the 10-Q for Q1 in mid-May to (hopefully) have it all figured out.
But if Webb's hedge fund is going to be part of (or already is part of) PIOE's holdings, then we just realized another asset (the 29% ownership of the $47 million value of the fund) to increase the book value of PIOE and justify a much higher price.
I don't know if Webb will be growing the AUM of his hedge fund very much, unless he brings in some of the RCP Advisors to help him find more big investors!
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