There is some irony here. Pink sheet stocks can be little more than names and PO Boxes, and that anonymity can allow for scams. Each of us on this message board is equally anonymous, allowing for the same. There's distrust now with a new poster, and there's distrust with PBLS's PRs. Anonymity (otherwise known as the lack of transparency) is the problem as it leads to suspicion.
So far that distrust in PBLS has not grown to the point of the longs letting their long held shares go and plunging us sub-penny again. But that could change if PBLS does not provide verifiable information "soon" on some very heavily stated PRs (such as the Komex deal). In addition, PBLS needs to show that they can manage the businesses they have bought. That means that they need to communicate to the investors their competency in running this organization, and show effective management is in place in each division.
To that end, two years back in July, didn't PBLS give a summary of their divisions / expectations for the year? Here we are mid-year and I would have expected a similar overview to have been produced. If the website isn't being updated regularly, the investors need to know and to hear from the division leaders regarding business plans for the divisions, progress being made, what's on the horizon. It's time for the division heads to be less anonymous and silent as well in my opinion to take this stock a step further. Regular reports by division need to begin appearing. I need to get a sense from their plans and execution in meeting those plans that they are doing the right things with my money. Otherwise, like any investor, I'd move it elsewhere. Still holding, still long, still waiting.
D -
AI
