I agree with everything you said.....and I have said the same thing many times over the past 6 months.
I do think they want the share price to stay low.
However....we differ on the reasons why.
I honestly believe you are not able to see the whole picture because your views are clouded by mistrust and negativity and because you are ignoring the long range goals of this company. I hope this post does not get deleted.....I am not trying to insult you, I'm just trying to point out that all your conclusions can instantly change simply by changing your assumption of bad intent going into your analysis.
If instead of assuming MT and Pedro are bad people.....look at all the facts with the assumption that they are both good people who are trying to build a company that is going to be around in 20 years. Assume they are looking down the road 5 or 10 years and making all their decisions with that vision of the future in mind. Assume they also care about investors....however, they're looking for investors who are also able to envision those 5 to 10 year goals. When you do this.....I think you will be able to see things very differently.
I have said and 4God has said several times.....this whole argument is mainly a difference in time frames. Because many investors can not get their heads out of the hour to hour and day to day mentality of pink sheet trading....they can not make sense of the problems we are facing....and since they can not make sense of these issues....they jump to the conclusion that evil intent must be at work.
Yes....MT wants investors in the PDR ex...However, it's not this simple.
He also believes there is a huge phantom share problem in the US. If this is true, it will never allow the sp to rise to where it should be. For that reason they do not want the sp to rise until they can prove phantom shares exist.....and they can best do that by the majority of shareholders pulling certs. Once this is done they can easily buy up the remaining float and declare the remaining shares bogus and go after those responsible.
If the sp would rise...too many people would stay in the US and make proving the existence of phantom shares difficult.
Yes...I also believe they have intentionally sabotaged us to keep the sp down. Yes....MT has used "manipulation" if you want to call it that by creating an arbitrage between the sp and the PDR value to get people to convert.
Yes MT made a big error in judgment by assuming we would not sell our PDRs immediately because of the 1 & 2 year guarantees. You may even choose to believe he never intended to do wire transfers? If that is the case....I agree he stepped over the line. (He is no longer CEO) I also can see how he could do this with good intentions for the company and long term share holders. I do believe MT believed in us and did not think we would flip our PDRs. Has anyone tried to put themselves in MTs shoes? How would you feel if you gave investors a 1 and 2 year sp guarantee for a couple 1000% profit and an instant 900+% profit only to have them betray you by selling out for instant money. Try to remember the purpose of investing. We are giving our money to companies so they can use that money to grow the company and thus increase the value of the company and the value of our investment. We as investors however are using fluctuations in sp to make quick money and harming the company and long term investors in the process. MT will not allow us to subvert the investment process and we call him a crook! Talk about the pot calling the kettle black!
I do understand that on the big stocks....flipping and shorting helps with liquidity....however with start up companies...they can not take this kind of abuse. And yet start up companies have to endure investors who are almost exclusively flipping for quick profits not to mention illegal shorting with the ultimate goal of stealing money and destroying evidence (the company). Is it any wonder CEOs lie and dilute and manipulate....just for the outside chance they can survive or out of disgust and frustration.
IMO.....shorting of any kind should be eliminated and investors in pink and OTC stocks should be required to hold their shares for a min. of 6 months. The PDR ex. will solve many of the problems OTC and pink sheet stocks have in the US....and that is the reason for it's existence.
I have said before....I wish MT would have placed a restriction on selling of PDRs. Perhaps he just didn't think it was necessary? Perhaps the pressure to promote the PDR ex. was too great? Who knows....?
I would not be surprised to see money cards come out first with a daily limit on cash....just to prevent mass selling until confidence in the PDR ex. can be established.
I think this is a situation where...if you play with sharks...you had better fight like a shark. MT is going to do whatever he needs to do to prevent flippers and short term greed from turning the pdr ex. into what the OTC market has become. How many OTC and pink sheet companies make it? Almost none...and don't tell me it's because they are all bad companies. Our market is filled with greed, manipulation and thieves. No company can survive against these odds.
The PDR ex. has the potential to change all that...not only for Panamersa...but for so many other companies now and in the future.....and as MT and JF have said....greed and impatience are not going to be allowed to sabotage these long term goals.
MT and Pedro are not going to allow this company to be destroyed and they are not going to allow long term investors to be hurt...at least not in the long term.
Again...the bottom line is faith, trust and patience.
If you honestly think MT and Pedro do not care about investors and are just trying to line their own pockets...then just sell and move on. If you are a flipper and just want fast easy money without giving the company time to benefit from your investment....you will not be allowed to do that in the PDR ex. They have designed it for long term investors ...not for flippers.
AI
