I agree with Deanna. If I lost was precisely for holding on thinking that, if and when they came out with the explanation then everything will get back to normal. On top of that February 27 came and then the whole thing became a mess.
In regard to the question of what is ilegal. It is very simple really. Investors are suppose to be informed of what transpires in a meeting specially if they are changing the board of directors and in fact dissolving the corporation and creating a new one which new symbols will be assigned and according to them the business plan and nature will change. If they are in fact dissolving PLRO and in fact creating a new entity which will have new "symbols" and in all along they get compensation for what they are doing while at the same time the whole purpose seems to be that some Canadian guys decided that paying taxes and following rules of a corporation in Nevada were to hard to do, so they changed to Delaware. It has nothing to do with investors value. I have sent a letter to the Securities exchange commision and to the IRS, personally I will be shocked if I do not see this stock go to 20 cents or 25 cents. I hope an investigation is coming because clearly something is fishy.
Fact is PLRO is going to dissapear and they are expecting to trade under NEW symbols. Have anyone bother to read the proposal???? Is right there for god sakes. Maybe the only way to recuperate the money lost is precisely hope it goes to 25 cents, buy then and who knows what happens.
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