ABSOLUTELY, POSITIVELY SPOT-ON!
When will PBLS learn that in pinky-land the motto is not the old Reagan doctrine of "Trust but Verify" but rather "Do Not Trust AND Verify"? The PR should have provided a link to Komex and/or a quote from someone at KOMEX (including name and title). Alternatively, PBLS should have received (or at least tried to) a committment from KOMEX to put out a corresponding PR. Yes, yes, I know that KOMEX is a large and this deal might be piddly to them, however part of supplier support is to provide suppliers with support!
I believe the PR. Most of us here do. But it doesn't really matter what we believe, what matters is what the market believes. Given its history of obfuscation and unkept promises (or yet to be kept promises, lol) PBLS needs to be sensitive to how it presents itself to the market and and present itself in the best possible manner. I received the following PM this morning:
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You want to know something scary............
When I was in Sulja, I googled the name Wessell International. They supposedly had a huge contract with them. Wessell was supposed to be a huge company. However, the only thing that came up with them was Sulja related.
Google Komex Export-Import.............the top 20 hits are all Phoenix related. Way too familiar to me. Just getting a little paranoid here and thinking too much maybe.
Any thoughts?
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When I did the same google search I received the same results. There was one English language post concerning Komex Export-Import and it was for a hotel company in Sofia! I am not claiming that PBLS is a scam like Sulja. What I am claiming is that PBLS is not providing enough information to attract new investors (and I don't mean new 'inside' investors), it is not doing all it can to engender trust and support from the market.
I'm not going to contact Paul or Ron, however I am going to contact Mike Mulshine. He should be doing everything possiblel to make sure PBLS is not put in this position to begin with, and if he can't prevent it from happening he at least needs to try to clean up the mess (i.e, misperceptions) after they occur.
I'm frustrated. Not because I want to sell at .03 or .10 but because the longer it takes PBLS to be considered trustworthy and transparent, the longer it will take to attract new investors (again, new 'outside' investors). It is in PBLS' best interest to be seen as a safe investment with fantastic potential. It doesn't matter if PBLS has fantastic potential in there are not new investors that will drive demand for new shares and thus the share price.
Some will claim that it is good 'business' to be nebulous in the PR's as it will allow the 'insiders' to buy low and make the preferred deal look more attractive. That may be so, but my belief is that it will do more harm by continuing to make PBLS look like it has something to hide or that it just is not ready for prime-time. Remember, it takes a long time to build up trust but a very short time to lose it. We haven't even built it up yet!
JMHF0 ('F' as in 'Frustrated' not as in 'F-ing')
AI
