I received a private message asking me the following "have you been in contact with any PAL officers? What is the next step here that you think the company will take?" Sender must be left anonymous due to rules of conduct.
So since I do not have private messenger as a feature. I will answer the question this way. I have not been in contact with any PAL officers.
What is their next step? I assumed they put the last batch of financing to work to pull the company profitable. I would lead you to go to http://www.nap.com/ and view some recent investor conferences.
That's definitely an option. But an actual press release is much more reliable because they are official statements and undeniable in it's content. What someone tells you over the phone or in e-mail comes down to what some individual says and is essentially third party conjecture. This isn't reliable like a press release. They can say, make claims and inject optimism in ways they can't with a press release. All I'll say is when companies stops/curtails direct communication with shareholders is never/rarely a positive event. The stock price has fallen off a cliff from dollars to .19 cents and I find it a little more than coincidental the press releases seem to have dried up. How could a share holder with a level head not interpret this as a serious red flag?
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