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Re: ADewji post# 7704

Wednesday, 05/23/2007 1:32:34 PM

Wednesday, May 23, 2007 1:32:34 PM

Post# of 29739
OK, good insight. Thanks.

However, as is noted that there may have been very good reasons for that logicorp deal to not go through and thus, we lost a MAJOR contribution to the revenues for that year, there are other behaviors to hold accountable here. I accept, and fully understand that there may be very appropriate business reasons for those revenues to not have been booked. My contention here is that PV acts like a kid in a candy store and speaks well before he has deals or revenues firmed up. It is like he has to continually hang a gold carrot out in the PR mill to try to get people to buy shares of the company. He should be more responsible and quit telling us things based on how his pie-in-the sky high hopes business ventures MIGHT develop, and start telling us about the things that he actually has firmed up, or even wait until the deals are signed and delivered since he has such problems with getting the deals completed. Only deals that he KNOWS will go through, (I mean have less than a 5% chance of having something hold them up), should be included in his revenue projections.
This is why the share price won't rise on all his daily revenue pronouncements. People just think, Oh yeah, keep those dreams PV and when you finally report, something will have happened that you did not factor into the deal and we will get only a portion of those high projected revenues.

Gonna happen again with the $120MM this year, it looks like. Let's watch and see what are the things that happen to the deals to cause our revenues to be less than what he is trying to get the public all hyped up for.
PV needs to lower his public expectations and work harder on making sure the deals are gonna be good, solid deals in the current market environment; then people can start to believe what they are investing in rather than thinking they are investing in some high-roller's big pipe dreams, that only have a 70% chance of developing to fruition. On top of that, even if the dreams do develop, they will be diluted with shares to less than half the value of the original perceived value, and it will take twice as long as the inital investment time was perceived to be.
Every one of these issues translates into a loss in invested monies rather than an appreciation in value, which is why the share price cannot yet get out of the .30 range and stay above it.
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