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Re: Elcappy1 post# 92434

Wednesday, 12/04/2013 12:21:14 AM

Wednesday, December 04, 2013 12:21:14 AM

Post# of 148335
Legitimate share repurchases are supposed to increase the share price of a stock, not decrease it. The alleged "share buyback" is not a legitimate excuse for the drop in share price.

Additionally both extensive penny stock history and common sense prove that companies without excess cash don't do share repurchases. There is no independent evidence to prove that PVEC is repurchasing shares as it has claimed.

All of the PRs issued by PVEC in the last two years have proved to be false and misleading.

Why should anyone believe that this cashless company is actually buying-back shares on the open market after having just issued over two billion new shares into the number of common shares outstanding?