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WhiteSahara

05/31/07 6:27 PM

#38528 RE: Renavatio #38524

Fair enough evaluation, however, the question from gnulx was specifically about the SEC and how they would receive the OTCQX.

With regards to the larger players and investors, in the dog eat dog world of unbelievable competition that is the upper boards stock market, every institution is looking for anything that will give them an edge. They play some Pinkies now. I see this as potentially a new rush for the big players to gain huge margins on smaller investments. Most all Mutual Funds's have a few "home run" monies that they pump into a smaller stock they see will run. The OTCQX will simply help them refine their evaluations as it will the SEC. Pinksheets is cleaning up their own house to the benefit of many.

When an investor looks into a Fidelity or Vanguard or other reputable MF's, you look at who is managing the fund. The guy that makes the decisions is the man that will make or lose you money. Peter Lynch was fabled for years as one of these guys. I see the same thing happening in the OTCQX, there will be Attorneys and CPA's that develop an outstanding reputation as accurate perveyors of financial information. When they represent your firm, you get immediate valuation based on their reputation. This may take some time to sort out but I believe it will happen.

Meantime, I can wait. I think we are at least a year off, where PBLS's gross revenue and net incomes will begin to near more of a peak and valuation will reflect accurately their value. This gives the OTCQX time to do the same.