Trapper, I think you are pretty close on that. Nothing wrong with financiers making $, but it seems that (not exclusive of PCFG) management would have enough sense to sell shares (and options)price is high instead of low. I have others that have done the same thing. I the have one that took financing at 12+ percent paid a 7.5% fee and gave away 10% of the gross in variable priced discounted shares. It amounts to approximately a 30% apr. if calculated that way and this is an already producing mine. Amazing how stupid (or crooked) some of these highly paid CEOs are. I am not speaking of PCFG as I do not believe this of them.
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