Replies to post #6704 on Puration Inc (PURA)

[Mike Fletcher]

I can't help but believe the share price is significantly undervalued (and will hopefully experience an exponential increase reflective of the company's true value):

The share price fell too far too fast for the relatively low volume.

The current market cap of approximately $74k is ridiculously low and not reflective of the company's value in my opinion.

I can't believe the company would dilute so soon after issuing themselves restricted stock (per financial statements filed on pinksheets):

On February 12, 2010 and February 26, 2010, the Company issued restricted stock awards to employees,directors, and other stakeholders for services performed for the company. The total restricted stock issuance on this date was 18,241,282; the issuance of these restricted common shares has been recorded as compensation expense and is included in the Statement of Operations at March 31, 2010. This compensation expense will be amortized over the restricted period of one year from issuance, and reflected in the statement of operations until completely amortized.

Why would management issue themselves restricted shares if they were intending to subsequently dilute? That makes no sense to me. Maybe I am missing something but I just don't see significant dilution.