SuperNoob
Let me clarify one point. The company PR'd they would increase the common to 2.5, and the preferred to 250. They instead upped the preferred to 375 which is an extra 125 MILLION. Anyone here can try and justify/protect the company by putting a spin on this. Bottom line is they put out one (of many) PR, and did something else. Doesn't matter what you or I think or do about it. That's not the point.
The point is every time someone makes a post as to why we can't get/have a higher PPS, this is one of many reasons. Many things they say DO have credibility, and many don't. When you start (PBLS) saying you have X amount of shares, then financials say something else, you claim to have potential revs of 1+BILLION in the oil biz and you don't, you say the company will be current with pink sheets, and they still are NOT, you make Progas the next golden egg, and now it looks like they "might" have been sold, and finally you PR a huge contract, and now everyone sits on their hands to see the specifics of the deal?
The sorts of investors who have the power to push the PPS obviously haven't yet, and might never buy the PBLS story with this sort on nonsense. I mean let’s be real. If the company changes their future plans as much as their underwear, can you really count on anything?
Like I said long ago. My hopes were that PBLS could put the shares issue and many other issues behind them with the pink sheet filing. Why? Because every day they are creating a report card with history which most investors will look @ and go back on. We STILL have some pretty crazy "current" dirt on the company which some might question. Of course, this is just MY view.
PS-One more important thing is the way the company chooses to leak/provide/share/disclose information. I’ve lost track of how many times people on the boards have disclosed that company officials gave them first hand knowledge of deals and plans which no one else was privy to. Doesn’t mean none of us can't call and get the same information. It just means the company IMO lacks credibility/conviction/standards/ethical responsibility when they do this. They have to know it will be posted on the boards and next thing you know, we’re back to rumors and speculation on the boards since we have no verifiable confirmation in a PR.
Be happy while your living, for your a long time dead.
