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Sunday, July 31, 2011 6:36:54 PM
Lots of things can happen along the way, and I have not seen a detailed business plan or an established table of percentages to-be-received, on C&A or any other project, that would constitute a reason to be certain that the future is bright. The company could need a lowball deal to get a project done, or get involved in some skeevy financing that comes back to bite later. I've seen similar things in very promising companies.
And a young CEO that has racked up some serious debt might get his lunch eaten if he seeks to swim with the big fish. I hope not, as I rather like the story of PDOS, but I think there will be money to be made for quite a while before they get the kind of offer that takes this company off the penny stock lists.
For any person to say they know what the future holds in any capacity is a bit absurd. With guidance, several smart moves consecutively, some luck and cooperation from the public, Rosenberg may tightrope his company into the big leagues, but this is Hollywood and they love to see you fall hard if you have a misstep.
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