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PBLS Roars

08/16/07 9:08 AM

#50040 RE: Renavatio #50026

OT: Ren,

"Actually with the big board correction just starting...."

I was hoping we've corrected enough already. Do you think we're really "just starting"?

TIA...

sawdin

08/16/07 9:09 AM

#50041 RE: Renavatio #50026

But, lol...there's always a 'but' isn't there? But they need to start the process of becoming transparent as it will take awhile to complete audited financials (depending on how much they accomplished last year, ahem) and it will take even longer for trust to be built up in the market. IMHO, they should seriously investigate a reverse-merger type of action to move to the OTCBB via LDTI and then change the symbol. I know they wanted to 'skip' the step of listing on the OTCBB because of cost and the belief that just as much manipulation would occur as an OTCBB stock. However, just completing the process of becoming SEC compliant should make a huge difference in market acceptance (e.g., share price appreciation) and may allow for the share price to appreciate enough so that we can make the next step to another US listed exchange. I'm no longer a big fan of going overseas to AIM as it appears that AIM has fewer transparency requirements than the OTCQX Premiere tier.

PS... A share price increase of just 3 cents equates to an increase in the market cap of $60M. Transparency will easily give us that much of an increase. MOSO