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bicomet

05/22/07 10:41 AM

#66547 RE: fonzzz #66546

reason is very simple you will get a minimum floor guaranteed price of 0,04 or better it could be much higher too with all these assets and projects added day after day...
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dshade

05/22/07 10:42 AM

#66548 RE: fonzzz #66546

because they are there and see the assets and know the players. That would be my guess. PDRS are $100 (10000 pnms shares valued at .01 min) heck someone was willing to pay .04 for what they saw. Now there is more, why wouldn't those same drive the PDRS up knowing no more US/German/ Canadian market maker broker games.
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lemon

05/22/07 10:44 AM

#66551 RE: fonzzz #66546

Maybe all the MODs here can answer your question. If you don't believe the .01 then who in their right mind would believe the content in the rest of the prs?? IMO
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causeimdaddydamnit

05/22/07 10:46 AM

#66555 RE: fonzzz #66546

And the usual lack of DD. You've got some reading to do.
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mikepgator

05/22/07 10:48 AM

#66558 RE: fonzzz #66546

There are probably committments from outside investors already. Just like the ones who purchased for .04

It seems these investors don't have the daytrader mentality and aren't looking for a quick buck. They are investing long-term in this company. They put a lot of money into this company to give it the potential it now has. Without that initial investment, the company wouldn't have grown so quickly, IMO. Basically they are paying more to give the company more potential for much higher returns in the future.

And don't forget, the company will most likely be bidding .01 ($100 per PDR) I'm guessing that will be the floor.