Do I think MMG is a bunch of Saints? Heck no...but this is pinkyland, if you want to associate w/ Saints, go to Church (just not one in New Orleans or thereabouts). However, I am curious as to why some posters are hell-bent on MMG failing? They surely are not longtime PBLS shareholders (i.e., bagholders), as MMG is probably the only hope that longtime PBLS shareholders have.
As far as I can tell, MMG is not doing anything illegal. Maybe some find it distasteful that MMG can pick up shells for peanuts and make money from it. In the case of PBLS, more power to them if it means the share price will rise and there will be enough liquidity for long-time shareholders to sell. I don't know how they will be able to pull that off, but I hope they do. My postings concern the 'how' that can happen, as it seems like PBLS w/ all of its baggage (e.g., creditors) would not be a suitable candidate for guardianship. So either MMG knows something I/we don't (and I'm sure they do) or else it was/is just a momo P&D. I hope they know something and this isn't just another sad chapter in the story of a Phoenix that has been so burnt to a crisp that it will never fly again.
GLTA
