Well, sorry, this argument 'past is past' I have heard thousand times swithin last 17 years investing in pennystocks - unfortunately in 99% the past was not past only but also did reflect clearly a typical 'shareholder philosophy' of a management: First promise a lot and than see if the shareprice reacts....and finally build up a facility or develop some products to move additional shareholder into the stock. Sorry, but this is the wrong way to build confidence - and this is what PLPL does since three years.
Duffield DID try to get shareholder into PLPL by predicting revneues of $30 million in 2012 already - even the Phytofare was NOT ready at all for sale.....and Duffield knew this !!!! This is not just 'past' - this is misleading the stockmarket by false informations and obvioulsy forced false prediction by a managament!
I would have had no problems with a 5-years start up if I would have been told the truth. As an entrepeneur by myself I know by heart how difficult it is to progress and to sell products - but mine are ready before I offer them to the market!!!!!!Otherwise this would have a smell of unlegal tries to get loans and money by investors! And this is why the management did fill the investor sheet in 2012 full of enormously exaggerated predictions.
Well, of course this in my opinion only - but the stockmarket - which refelcts the majority of opinions - seems to share this way of view.
Well, I hope we do not waste our time and money here.
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