InvestorsHub Logo

B-Money

09/10/10 2:02 PM

#2018 RE: Crystalballz #2017

Nice!!

lowman

09/10/10 2:27 PM

#2020 RE: Crystalballz #2017

The majority of investors still like to see PRs more than anything. It wouldn't take too much to simply explain this buyout (in PRPM's own words) and perhaps a little 'going forward'. After all, it IS a material event.

That being said, and confirming for myself the relation to Johnson Controls, PRPM appears to be looking like it's got some future potential.

Assuming the a/s is maxed at 950M, that'd give it a current marketcap of just under $700K. I'll agree that that does seem fairly undervalued for a pinksheet that's been issuing news on a regular basis.

With NEGS' $10M credit line, one might even be able to assume that there won't be a need now, for more/future dilution.