Disney nor POWN recognize the pink sheet market quote.
They have no respect for that exchange. That is skipping right to the conclusion. Now for the supporting evidence.
On Dec. 31 POWN shares are trading at $.05 (or not trading, I should say) on the pink sheets. After the close Disney issues a PR saying it just purchased 10% of POWN at $.25 cents per share or $2.5 million. I ask you, has anyone ever heard of a company paying 500% over the stock market price to buy a partial position in another company? The stock market price usually sets up the deal. Disney's capital infusion was announced Dec. 31 so you can conclude talks were occurring between Disney and POWN during Dec, 2009. The stock had been trading at $.04 cents low/a nickel high during Dec. And Disney announces the investment at $.25 cents. What does that tell you about the legitimacy of the pink sheet quote?
Next, POWN comes to Celadon's attention in Jan. 2010 right after the Disney PR. In short order POWN and Celadon agree to a necessary capital raise. POWN issues a PR officially naming Celadon as its new investment banker on Feb. 13. You can conclude the two had been talking about POWN's capital needs in the month preceeding the announcement. The public will pay a higher price than Disney's $.25 cents since Disney made their investment first. Yet the stock on Feb. 13 is still in the teens. It almost seems backwards. The tail wags the dog. The parties involved determine POWN's stock value and do not use the pink sheets.
Its as if the pink sheets are treated as a joke, a virtual non-occurrence. I conclude that today's pink sheet price bears no resemblance to where the stock will trade when this graduates to the bulletin board and beyond. To me, that makes shares in the low $.30's an absolute steal. When this stock is uplisted to where it will have two-sided order flow, the shares will move to reflect the true value of Stan Lee's intellectual property rights. Whomever gets in at $.32 cents while POWN trades on the pink sheets will be very grateful.
When this stock moves up to the next level in 2010 the game for us shareholders changes hugely for the better. I believe you can place a ribbon around POWN shares at $.32 cents. They are good for a doubling in 2010. I am being conservative. POWN knows the pink sheet price is bunk. So does Celadon. A few months of patience is required for both the financing AND the stock uplisting, in that order. Around football kickoff season I think the stock resembles the mid-April highs. I highly recommend entry right here at $.32 cents. Highly is an understatement. More like "table pound." $.32 shares come with a ribbon.
AI
