Could it possibly be because PV diluted the stock SO MUCH that the profits for the entire year of 2010 now equal .0006 per share?
Amazing how a stock lowers itself to equal exactly what it is worth in earnings per share.
In another 3 months he will pedal a few hundred million more shares to the ignorant masses and the EPS will drop to .0003 or .0004 until it ultimately drops to .0001 or he does a reverse split to raise the PPS to a higher price.
Won't help the ones who tossed their money away on the current stock though. It will still be a downward spiral for them.
Yesterday it was up. Even if you guys turn out to be right and this stock
goes under it does not mean your posts were logical. I said from the
beginning that it was necessary to limit risk when investing in stocks such
as this. I sold $2,000 worth of this earlier leaving me with a total of $3,000 invested. I can tolerate that amount of risk. And if it does not
work out I will not blame PV or the SEC or even the bashers. I will take
responsibility for the decisions I made. You might try doing the same.