InvestorsHub Logo
Followers 2
Posts 211
Boards Moderated 1
Alias Born 07/21/2006

Re: serfdom post# 10909

Friday, 07/06/2007 10:39:37 PM

Friday, July 06, 2007 10:39:37 PM

Post# of 12896
This is by no means the end. I'm sure there may be financial issues as specified in the PR, and its VERY obvious there are issues with the website, but we're still moving on.

If it is mostly financial, since Peter stated he paid for one (or more?) of the acquisitions out of pocket, the cancelled dividend makes sense. While it works in his favor, it also works out for those of us that don't want to see our share value diluted. Think about a dividend, O/S increases 10%, your shares held increase 10%, and after some trading, PPS drops a bit. Convenient for Peter, but you have to realize he doesn't have much to gain with issuing or cancelling a dividend in the first place, except a bit of press.

Peter said to expect more news, and I'm sure it wasn't that he was cancelling the dividend. I'm still waiting here at the bottom. For those that bought in at .04 or so, realize that selling now isn't going to give you much money in the bank.

As usual, do your own DD, and don't buy because of my statements.

RXPC Shareholder

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.