KOMEX PR...since I am tired of answering PM's
Here's the honest opinion of just another alias on a message board (that would be me)
1) This is most likely classic Bayou Boy "oversell"...rememeber the Progas "$1B revenues," the "815M O/S" etc etc
2) Even if the contract is only for 25% of what they claim, that's still $250M a year from ONE contract. At 20% margins, that would provide an eps of $.025!!!
3) "KOMEX Import/Export" is classic Bayou Boy "shuck and jive"...remember "Southern Crushing Concrete" whose name they changed before the released the PR so we couldn't find out who owned it and discover who their real partners are. Likewise, this contract points to Mittal. If KOMEX is Pmo-Komex owned by Mittal, the pps could take off just off the Mittal name. And Mittal ships to more places than just Poland (though I know that's what the PR says). And Mittal does SO MUCH more than just steel. Please dig into their website.
4) If this was outright lie, why would Vince Promuto, multi-millionaire who lives here in the good old USA, with huge political ties from being Director of Public Affairs for the U.S. Drug Enforcement Agency and as a special U.S. attorney in Washington, DC and New York allow his name to be attached to it. He doesn't even need a lawyer to sue. He is a lawyer!
This is a game being played. It's called keep the little dogs and the big dogs happy. Every pink comes with risk...PBLS is no more certain than SPZI, RLTR, CKYS, BIGN, SLJB except that of course PBLS is more brick and mortar asset based company that dozens and dozens of posters have visited and shook hands and seen in operation. Be smart. Remove your emotions. Take profits and do your own homework.
Ren
"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
www.younglife.org
