I think that the CEO is an arrogant SOB. He has little regard for the shareholders. He has a huge ego. Also, he is the exact type of CEO I look for In a long-term investment. CEOs develop strategies, mid-management executes tactical maneuvers. Chris is doing both. Chris’ strategy was to eliminate inherited debt and create an advisory staff whereby the Company would advise and improve the position of small corporations and/or private companies. Payment for services would be from that company’s stock. PPBL’s expenses are virtually zero. And real Companies are coming onboard.
I treat this more like a Big Board stock. I have 2 pinks that I have put on the shelf and only glance at their price at open and close. To me Chris is the type, “Give me a job, then get the hell outa my way.”