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Stevenkel2001

03/01/14 7:03 PM

#108505 RE: Homer911 #108499

In my opinion, this the gamble they are willing to take to get the price where they believe it should be. I am going to hold and ride it out and see!
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Backstabbed

03/01/14 7:13 PM

#108509 RE: Homer911 #108499

You are forgetting about the 250,000,000 million government contract!!!!!

Go $PVEC
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dano9008

03/01/14 8:16 PM

#108538 RE: Homer911 #108499

It might be more reasonable to use the share float number to calculate that. In their 1/27/14 Letter from the CEO, they noted the active share count is 2,110,679,152. Divide by 175 we get 12,061,023, and multiplied by .2 we get $2,412,204.6 that they would have to payout. But point taken, it is a strange move. It seems clearly to be harmful to the business to unnecessarily give away so much when you are engaged in building the business.

Maybe the insiders want a dividend and this is away of doing it. I think this is partly explainable by Kerry's apparent hyper-competitive nature and wanted to "show" the doubters and come through for the supporters. If they don't come through they will lose longtime supporters and they don't seem indifferent to that. I am still on the fence with PVEC, but will probably bet a little on it.