Me too. I hope that they haven't been put on the Berlin exchange. I do believe that they are trading in Germany somewhere because if you go to the german exchanges you can read the Germans talking about PGHI. And why would they be talking about it unless they were trading it?
I have a theory about the price decline. I,too,think that shares have been issued, but unlike those who criticize it, I have different thoughts. I'll try to put this in simple terms.
Let's say you start out with one bag that can only hold ten balloons worth $10.00. If you keep issuing bags (let's say 9 more) and don't increase the number of your balloons (assets), then you have some serious dilution and what was once worth $10.00 per bag is now worth only $1.00 per bag.
BUT if you start out with a bag holding the 10 balloons worth $10.00 and you keep issuing bags but you DO increase the number of balloons per bag...let's say that each subsequent bag can hold 20 balloons (assets) and you issue 9 more bags, then what was once worth just $10.00 is now worth $190 or $1.90 per bag instead of just $1.00 per bag. Then eventually, even though you have more bags (shares), you also have something worth more than what it was orginally.
Unfortunately, until that worth is truly visible, the increase in the number of bags is going to put temporary pressure on the original bag. But eventually it's going to be worth SO MUCH MORE!
(sigh) I have no idea if my example is clear or not. I know what point I'm trying to get across, but if I'm not making it clear, then I apologize. I guess what I'm trying to say is that I believe that PHGI HAS to initially issue shares to obtain the assets that it wants, but it's not just issuing empty shares. Each share issued brings value and worth into the company, which will eventually make the entire entity worth more. Just be patient. Once we merge with RNVO, then I think that the whole picture will start to become more clear.
