Friday, December 11, 2009 11:12:43 AM
1. He does not have intentions of changing the share structure and diluting shares or he would have been putting out PR's on a more regular basis...we all know that there is plenty of meat now for this.
2. He is waiting for things to 100% concrete before he PR's. I would guess that his next PR will be a report on what has happened and what deals are signed in ink. He has not had very good results with PRing upcoming or forcasted events.
3. There is so much going on right now, i.e. KT ads, Website and product improvements, and corporate deals, he does not want to jinx any of it.
4. He may just want to punish the flippers and daytraders a bit and make sure that PPS will fly once it starts to move. I am prety confident that the PPS will run too quickly and there will be many chasing once it starts moving North.
5. I have thought all along that Watson has intentions of uplisting as soon as possible. If he builds support first, this will help stabilize the PPS once it moves and make it more attractive to the kind of investors that will be there when he uplists. He seems to be wise to the type of trading that happens in pennyland and wants to move beyond that swiftly. He does not seem to care what the pps does in the short term, he is looking further down the road.
That being said...I think it is definitely time to send out a PR...it has been over 5 weeks now since the latest.
...one thing about yesterday and today, we can all see how fluid the pps moves on limited volume. It should be pretty exciting when that day comes for the dog to move to higher ground.
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