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Thursday, November 05, 2009 9:50:28 AM
Despite my reservations about Peteys intentions concerning us shareholders, I have to hand it to Peter in being so close to attaining his dream and possibly doing it in a big way.
This kinda brings me back to the days of the Bricklin. I guess inasmuch as Peter is trying to build a car company, the pps will follow his progress or lack of. I would have to say that he either delivers this time around or jumps on a slow boat back to down under.
Just my roundabout way of saying that the big profits will take some time to develop, and for those of us who are in around .0002 - .0005 (early birds or stucks) those big profits will start to happen in a few months IF Peter or WHEN Peter makes solid announcements on alliances, partnerships, and financing.
Im now riding almost free shares so I can sit through a few ups and downs comfortably now, and somewhere in the back of my mind hopes that down the road some sort of div. (disgorgement from SEC Vs Carnes) is announced. As an excess number of shares were sold into the market, I dont think it unreasonable to think they might have to be removed...how many I have no idea but Im thinking in excess of 300M shares from reading the docs.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
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