Looks like he trying. Time will tell whether Peter Scalise is being truthful or, that he intends to do as he said. I will believe him for now and patiently wait to see what comes of this. I might even pick-up some more of these cheapies from all the panick sellers.
"If successful I will then look to take the necessary steps to bring PLBI current and place an operating entity within. With all I have going on with ETGG at this time I cannot currently place a timeframe for any significant activity within PLBI."