that probably isn't a very good comparison since that stock did an R/S of 100:1 just a month ago.
I beg to differ with you Dallas, they did the R/S so they could get on to the next tier stock board, without the R/S they could be trading in the high .90 to 1.50 PPS, not saying PGPM will do it but ya never know till it happens or they go belly up.
RP is known for NOT pulling through on any of his touted ventures...it all sounds good, but he just never crosses the finish line.
Again, that was the whole point of me posting about ARET, people use to say the same thing about The CEO of ARET Thomas Raabe. and look at them now it took decades also.
I would say based on his past performance over the last 10 years, it's more likely this russian deal will have no positive outcome for us retail investors.
As the rumor is, if PGPM gets the payout deserved 10M+ then I think the PPS will raise enough for me to get out, not so sure about you, depends on your in PPS, mine is .0007
IF RP happens to pull something out and we make money...I will be thrilled as I dump everything I have as quickly as possible and run far, far away from ANY of his ventures.
That is certainly your prerogative and others as well..
A MAJOR part of the RP skepticism is the fact that he touted the Gustavson report and did absolutely NOTHING positive.
I know you and others are bitter, and rightfully so, but again my point was that investors were also bitter at Thomas Raabe of ARETE Inc. from what I have read here on PGPM RP has to make amends to PGPM for the Russian deal to succeed. GLTY.
