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Tuesday, January 11, 2005 9:44:00 AM
I did listen to me. I noticed that APS the charger company fell from $4.5 to 15 cents or so. Though I think it was around 30 cents at the time I bought PWTC which was at 10 cents and then 6 cents. After that, the silly season set in even more at PWTC, and I didn't average down after that. Even to play up, since it just doesn't trade up enough. And the silly season kept going up notches.
How many longs here concentrated on new penny stock plays once they saw PWTC was mired in the mud and silly season activities?
PWTC is definitely one we have to chock up to experience and bad experiences. Close to a nightmare! Certainly silly season activities. And it's not over!
I guess one of the problems was that it took till March 2003 when we found out definitively WM was sacked, and inventor AS resigned in anger, that PWTC was mired in the mud and silly season activities. Though I believe it was shortly after in the May quarterly report that we found out PWTC was commencing a court case over who owns the battery patent.
Wow! Who owns the battery patent!!!!! Can you believe that?????
That's when it really should have sunk in that the silly season had come to PWTC, and was really there all along. Because never once did PWTC before then say it bought the battery patent for shares/money, or was bought as part of the original working agreement for shares that brought inventor AS, and the battery to be worked on, to PWTC.
Patents are property and must have their own PR that they were purchased for shares or money. Like this one for 2 patents PWTC told us they purchased.
http://www.findarticles.com/p/articles/mi_m0EIN/is_1998_August_5/ai_20988973
You can't assume the battery patent was bought as part of the 1998 work arrangement for shares that brought AS, and the battery for development purposes, to PWTC. That doesn't say the battery was bought, only assumed it was!
So now PWTC after 7 years finally definitively tells us in a PR that they own the battery patent. Wow!!!!!
And the silly season goes on. I got the radio on right now. I am matching the silly season to the beat of the music. The music sounds good. PWTC doesn't!
Find other stocks to play and just peep into this silly season one, once in a while! That’s what I am going to do!
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