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Saturday, August 13, 2011 9:37:31 AM
POTG found resistance at a buck and change, but that's no basis to suggest it was a successful test market for mass production.
Obviously, Belfiore, if he even exists, is now a multi-millionaire. Do we need to wait for his SEC insider filing? The chance he's going to get in a hole and dig is about zero percent. He is an engineer.
The transfer of company from Canada to South America could mean a number of things.
One thing not mentioned anywhere is the possibility that a transition from Canada to Peru might mean POTG is attempting to put the cookies where the kiddies can get them.
If POTG is really interested in anything other than producing mass quantities of stock the company should already figure they have labor leverage. Employee stock ownership plans exist. POTG could preserve the value of their stock and give shares to loyal employees. (those that dig and timely file paperwork with appropriate authorities)
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