According to PBLS management, what was the root cause of much of our misfortune? Assuming that they distributed over a billion shares and released public PR's based upon what Riley provided them, should they also be fitted with propeller beanies and BattleStar-Galatica T-shirts? Regarding any records that were made available to companies that PBLS acquired, I'm sure a large part of the documents provided were based upon 'projections' (such as those used as part of the investor information packet that was provided to potential investors when they were trying to secure $4M for the test cell. And let's not get into who was flying around trying to find said investors.) My point is that if PBLS' management is not guilty of fraud and deception (and I'm not claiming that they are), one could make a case that they are 'guilty' of making very poor management decisions, including hiring/contracting/associating with persons with less than stellar reputations.
Also, the lack of transparency feeds into the lack of trust and rumour-mongering that surrounds PBLS. Not being transparent was/is a management decision. Management should not expect to be given the 'benefit of the doubt' given the long list of broken promises/inaccurate projections. If something smells, disinfect it. In the case of PBLS, transparency is the disinfectant that should be used.
JMHO and GLTA.
News 
Market Data 
Discover 
AI
