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Re: sctts post# 41876

Sunday, 09/11/2011 3:54:41 AM

Sunday, September 11, 2011 3:54:41 AM

Post# of 95313
Indeed you are correct, that is why I have said over and over again that the P&F is useful. If that is all you use to determine that PSPW is not a good investment, you would be half correct. When you add in the other factors, the P&F is very useful. When it turns negative, get out.

PSPW is a horrible investment because the CEO who was bringing the cash is gone. Durrant is a stockbroker not a seasoned energy industry leader. Finding credit now, after one bank already pulled out is a dream. Could it happen? Yes, however at a severe dilution. This is what happens to pennies. You should know this.

Durrant does not need anyone here's approval to dilute. You will be the last to know. I see people here on other boards where the float is less, the Co is making money and the prospects are great.

Solar panels, wind turbines...this is a seriously competitive industry. Tell me this, why would a country choose to use PSPW rather than a large company that has the resources to actually fund itself or has the collateral to get credit? PSPW loses money because right now they are an energy broker, a middle man. In economic turbulence middlemen are as useless as the value they add...they don't add value...but you already knew this.