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Re: chemist72 post# 7899

Thursday, 01/31/2019 2:45:21 PM

Thursday, January 31, 2019 2:45:21 PM

Post# of 8795
On the attitude of RCP Advisors toward PIOE's stockprice, it's been made quite explicit in that shareholder letter of last March 31, 2018 that one of the prime reasons RCP allowed itself to go public as a subsidiary of PIOE was a way to offer a lucrative "incentive" to current and next generation RCP principals and employees (i.e., anyone holding PIOE stock shares) to keep performing and outperforming in growing that RCP AUM with their RCP Funds.

So clearly there is an interest in ultimately getting that PIOE shareprice to rise.

But as Alpert and Webb made clear in that letter, this is a game-plan for longterm shareholders, because obviously everyone at PIOE and RCP is thinking in terms of years, not months or quarters, for that "incentive" to play out.

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