A R/S would be worst case scenario. I don't see the shares structure at 60 million out of control to warrant a R/S. Also CBS protects against a R/S while holding 2 million in shares, there is no way CBS will let a R/S happen. I think we are pretty safe in that area. Your projections of this going to $8 with renewed operations, are a absolute real possibility in 2010. The 2nd quarter when stratus takes over is going to be very interesting to say the least. PELE was at $15 with the same share structure, so we have real possibilities here. I have never thought of the fact PELE being one of the only real public trading company out there and that is an excellent point. KOTC, STRIKE FORCE, TUFF ENOUGH are not public companies. That is a good thing. Im not sure if the UFC is a public company.
another thing i have thought about. with CBS holding 2 mill, they may be inclined to contract PELE to strengthen it's position.
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