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Re: 1olddog post# 873

Wednesday, 04/24/2013 4:55:03 PM

Wednesday, April 24, 2013 4:55:03 PM

Post# of 32302
$$PLPE: You read my post, however, you infered wrong...

The agreements they have with BiLomedia, state that they make 50% of what BiLo makes. BiLo hasn't reported (via PLPE's public info), and neither has PLPE, since SEPT. 2012.
However, both BiLo & PLPE have employees!!
PLPE has '10', and BiLo ~5 employees.
Outside of the exec. staff they have atleast 10 employees who are getting PAID!
That's some evidence. IMO, they missed a good oppty. last year when GOOG was on a buying frenzy. Rumor has it that PLPE's major shareholders, didn't want to sell at the levels that GOOG was bidding.

"now as Bi-Lo, but they do not want to not divulge what they're doing .... as a public co?

I'm long - I have no problem with your scenario other than I don't see any evidence"
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