Ren
I dont know how people operate they way they do here. The PR is released and everyone is gung ho and then less that 2 days later they are picking it apart and stating that there is no way that this is going to happen. Does everyone understand the magnitude of this venture.
They can just ramp up production over night. Thats why they have asked for the performance bond. This will allow PBLS to make the necessary investment to get the production upto capacity in 2008, as the PR stated.
PBLS never claimed that they would be able to produce all of this for the contract. In fact the PR states that they will have to invest significant capital. But now that they are guaranteed payment they can make the investment necessary to meet product.
Remember the world is in a huge concrete deficit and the ability to produce the necessary product to produce concrete is significant. The market needs new product, which PBLS is able to offer. The client needs to be able to count on production. The more that is produced the more that will be used and demanded.
So dont expect to see the number reflect in PBLS bottom line. I think PPS will grow on results not on a simple PR. We have the PR, now PBLS has to fullfil the terms of the contract, make the investment to be able to meet production. So yes the market is taking a wait and see attitude, but as soon as PBLS make the 1st quarter jump that effects the financials, we should see a significant increase.
Please use a little common sense. PBLS is growing the company they will be a billion dollar company, they are making all of the correct decisions and contacts now to make this happen. But increasing revenues to 1B dollars in a month is not practical so dont try to hold PBLS to that standard, as it is not attainable by any company.
A little patience to make the PR grow and hold water. Just because someone at KOMEX will not respond and verify to a PBLS shareholder does not mean that this does not exist. Trying to get information out of corporate america if you are not someone is a difficult task. Why would a common shareholder have access to that type of information. That is why there are Press releases, to inform us of what is going on.
I just dont understand some people, this is not your normal penny that you get in for a quick profit and get out. If that is your expectation, then this is not the stock for you. We had one huge upswing due to mother nature, but other than than this is a company that continues to grow its assets, they are building a company not a dream.