FWIW - Here's my two cents (and Ill try not to prostelityze here):
...the pps is directly proportional to the value of a company; that value is inherent to it's percieved potential and to its realized productivity.
1.) This "potential" is a function of investor perception (i.e. confidence)and reflected in the PE multiplier. In my opinion if MT wants to enhance this perception he has to keep things simple and straightforward. If things become too complex or too convoluted they become difficult to understand/grasp and if its to difficult to understand it inherently breeds investor suspicion and degrades confidence. Things such as the PDR; an instrument that's distributed in the form of a divy that denotes ownership of land in a foreign jurisdiction. This is complex, confusing, and well outside the norm. IMO, I think that MT was well meaning with regard to the spirit of this divy, however, in the end it is just so complex that it acheives a result counter to its intent and actually degrades confidence.
MT needs to keep this stuff simpler...just pay out a cash divy (even if its .0001) cents per share...thats simple and normal; people understand that...and the intent of that action is very clear...expose the shorts...no confusion and straightforward...bolstering confidence. In a word KISS
2.) From a "realized productivity" standpoint we can push out all the numbers we want in terms of revenue...until they're audited it won't make a bit of difference to the PPS...if the stock is short the MMs will have their way with it regardless of what revenues/profits are PRd...its the pinks (we cant do S$#T about it). We will only see fair market pps value based on "realized productivity" in two situations: when we move to a better regulated board and/or when we audit the financials.
IMO - I'm pretty comfortable with MTs approach with regard to this. It seems that he's got both things in mind and I hope he follows through and keeps the investment community appraised of progress on these two fronts through regular PRs on the topic. Long story short, IMO, pps value will only uptrend as PYPR shows evolution towards the two aforementioned gates.
...just my two cents.
