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Monday, July 15, 2019 4:39:20 PM
After hours stock closed @$1.95. What I said earlier before the 2nd hindenburg report still stands. PRED, imo did a poor job in responding to the 7-12 Hindenburg report. I can see the point in saying nothing and letting earnings and the stock performance speak for itself; however, they should have additionally said that we vigorously and vehemently catagoricaly deny the allegations set forth in the 7-12 report. How their great, expensive law firm did not say that was a mistake on PREDS part.
Another thing that bothers me is that ELGL and PRED have IMO the same PR firm. How do I know that? If you read the news release on 7-9 for ELGL it states call Richard Kaiser at 757-306-6090. That was the same number someone gave me to call PRED on Friday. I am certainly not a fan of ELGL but I do not like the fact that they are both tied to same PR firm. Just my opinion.
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