kermit
I think folks need to face it. Ebof is left with next to nothing as far as a business model. They are going to hope the shares in the spinoff are worth something. This is highly unlikely IMO. If anyone reads the latest pngx filing they will realize that there is a nightmare converbtible debt deal that IMO will make that stock the greatest short on the market sooner or later. Maybe they pump it and then get a bigger short possibly. The folks behind those deals, Blackforest, ate VOIC.pk alive. Holders of pngx would have been better off selling say 3 million shares outright at current prices with no strings attached. The reason they didn't, imo, is that any potential investora realize the stock is incredibly over priced. Also per the 10q, pngx entered an agreement to supply the LG at a FIXED price through June of 09. What is LP goes through the roof? Then pngx will lose money and can't get out of the deal. It's projected to be 40% of revenue. I mean when will management wake up? Never IMO. They aren't stupid. They know what they are doing unfortunately. All is JMHO
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