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Saturday, January 19, 2013 3:52:41 PM
Regarding my DD and motives, I continue to state that I see a potential for Paychest, IF they start doing things better and become more open and transparent in their business disclosures and dealings. I've pointed out in many posts what they should be doing to improve their image and credibility within the investment community and improve how they do business.
I've also generated and posted a PTCT share price assessment for all to see and chew on. There I clearly identified the company could see over a penny a share based on fundamentals even if the massively bloated share structure remained at today's levels. Of course, as pointed out, this kind of share price would take some time as it would require a significant product market share (and of course assumes that there is a market demand for these green products, which is still a big question).
As such, yes, I continue to watch what is going on and see if anything improves or changes for the better. As I've also posted, in the very first week here on IHUB, I'll make up my mind and leave if the next PR turns out to be misleading or unverifiable. This, especially after this SEC Chill, would tell me whether management get's it and intends to modify their behavior for the betterment of all concerned.
Anyway, think what you will.
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