ANCHOR: I AGREEE & STRONGLY DISAGREE!
Much of what you say may be true {the worst case scenario for PBLS longs} but then there is an equal chance that a lot of what you say or hint at isn't the true situation either. We have no way of knowing what is going on behind the scenes whether good or bad. Anything said is mere conjecture.
I agree whole heartedly that the failing of PBLS to deliver on the promised dividends is a damaging performance error. There could be reasons in their defence; however it is incumbent on them to fulfill there obligation within a reasonable time frame and the longer they let this issue slide the worse it looks for them. It could be incompetence or it could be an intentional effort to lower the pps for the partners to load up on the cheap.
The issues concerning the share structure have been and continue to be a bone of contention for most shareholders here and it remains one of the crutial issues thats needs total clarification and I would hope this happens by year end as pressure may build from within with more credible people on board.
I do not agree with you at all on the feasibility of the Komex deal being plausible, siting the logistics of getting the raw materials to Poland as impractical. I live in a place where raw materials are routinely processed and then transported many hundreds of miles to port where they are then loaded on ships heading for China; a distance perhaps even greater than that of the USA to Poland. I am not talking about a few boat loads here; I am talking about hundreds of thousands of boatloads of simple resources like: coal, pulp or aluminum or any other natural resource that this particular Country is in need of. I am talking about a process that involved building the needed infrastructure and ports and making commitments for decades to make this happen.
Poland appears to have a great need for massive amounts of aggregate. With much of the infrastructure already existing, I have absolutely no trouble believing that someone with the right contacts could orchestrate a deal that would see these kinds of resources transported from the USA to Poland or China or to any other country who was willing to pay for them. NO PROBLEM AT ALL.
This is EXTREMELY IMPORTANT because many of us here feel that PBLS {we} will make it or break it with the reported Komex deal. I agree with the moderators here and many of those who hold substantial interests in this Company; that there is a good possibility that THE DEAL IS REAL. We are not so foolish as to not understand that if it is not real, we're basically done. It is a gamble however the odds are fair and the rewards could be substantial.
Your post could be seen as "An Arrow through The Heart" for less committed investors here; even hinting at an exit strategy, very generous. But I thought in stock 101 they always taught that you never sell on a major downturn. Just imagine many of our longs dumping millions of shares in unison, wouldn't that have a nice affect on the PPS, creating a golden buying opportunity for some I would imagine. Mind you if we do end up at zero the advice may seem much more prudent.
For now I will stay the course by giving this new management team some time to get their collective act together. In the short term, should we go down to the newly projected level of support {.0068} I will look to buy more shares and I can't help but wonder if you and several others shant be looking as well.
Bottom line here is that: we are all adults {I think}, this is the pink sheets so we understand the risks vs potential. All that remains if for each individual to make their own decision on what they are comforable with. My decision is to hold and watch carefully. I will not sell at these levels, I'ld rather paper a wall with them.
Good luck to all longs may your faith/perserverance be rewarded.
Good night,
$crooge
