Transparent as a brick wall! Why would a company start making their posts private on a company investor message board? They claim they don't want information misused by party's that are against the company. I can understand that. A lot of information has been misused on this very board! However, what I can not understand is censoring information about the company except to the elite half dozen people that make represent 99% of the posts on the board? Shouldn't they want to clear up the information to potential investors, and not just pander to the same handful of people that are already in for the long haul? For a company that has claimed to be becoming "fully transparent" this doesn't strike a great deal of confidence. These same motives kept them from posting at all the week before when people were waiting for any info they could get on the "gift" shares.(Which by the way...STILL WAITING TO CONFIRM ANYONE HAS/WILL GET THEM!)
Which also brings up a more troubling point. If the company can't silence some nay sayers, some with legitimate questions, how can they achieve big deals? Rather than doing what most companies do, and spin, spin, spin the truth, or lie, they hide and feel persecuted. This is a PUBLICLY TRADED COMPANY. In other words, YOU CAN'T HIDE FROM YOUR PUBLIC. We're not looking for a lot here. But at least some amount of PR confirming that preferred shares are well underway to being sent, and that everything is under control. Instead, what little info we get out of this company is now coming second hand through fans and stock holders. Instead, what little we have is the company attacking certain people and criticisms rather than actually answer criticism with fact.
All these things coupled with the BILLIONS of shares that have traded in the past few weeks, in a stock with a supposed float below 500M, leads me to draw some very disturbing conclusions(disclaimer:from here down is ALL opinion and should be taken as such.) The company has dumped a flood of shares onto the market in the last two weeks, and when it bottoms out at .0001, it'll reverse split. It's the only way a company like this will be able to afford to pay out the 1:175 Preferred Shares. My guess would be a 1:200 R/S is in the works to cover it.(Anyone's guess whether they decide to R/S the Preferred Shares as well.) The better question, if I'm right, is if Peter, or anyone making decisions actually has majority control? Wouldn't it be something to find out that all of us holding any amount of shares, are actually the one's in control of the company at this point due to dilution? If MM's had put up the hundreds of millions as a wall a few days, I may have believed it was artificial. I'm pretty sure those were all very real, very fresh shares(with 2 A/S increases in the past 2 weeks.)
All that said, I wish PVEC, it's team and shareholders the best. I want to believe they have investor's best interests in mind, but with so many negative coincidences coming to light, it's hard to keep believing that everything is ok.
