I dont think the company will last long enough
for the stock to go to 4.00. It appears that all
necessary steps are being made now to sell , or go
bankrupt.And no Doc has no credibility at all anymore.. I also
heard they borrowed another 1.5 million just the other
day to pay the payroll.
There was a lot of money made and a LOT of money
lost..The current mess was predicted by several people a
year ago..I don;t care how much Doc has ridden
down...he has still made his fortune,,,allowed his son to
make his and now while I'm sure he'd like even more he
is by no means in the position that he has put his
shareholders in...I predict $4.00 within 3 mos. he has no
That is what im refering to, the old cca, There was a lot of people who made a lot of money during this time frame,
I think now it was planned that way, make it fast. Before the end comes.
is one that has been asked here several times.
I've kept quiet because I've always hoped someone more
knowledgeable than I would give us a definitive answer. I have
never seen anyone attempt to do so.
understanding, certainly NOT definitive, is that the board has a
mechanism for reviewing such things on a case-by-case basis
and no determination is possible
Moreover, it leads into an interesting expansion on the
lawsuit question I raised earlier about PZN's
redefinition of dividends already declared and avoidance of a
payment at the end of the year. Consider the scenario
where the option strike price is affected, and PZN
declares the special paid by the previous
This means that previous strike prices of options
holders should have been lowered, but that didn't occur
because PZN misled shareholders about the nature of the
dividends being paid. Again, lawsuits alleging fraud are
certain to result. And, IMHO, they present almost a
certain case against PZN.
and I heard that Doc was seen getting on a plane
for Rio with two suitcases full of cash and had put
his mansion on the market for half its value. HSBC is
foreclosing on California City prison and turning it into a
resort for political dissidents. Lenin's tomb has been
sold to Disney, which will move it to their
"Eastworld" resort in Orlando. Any other rumors?
No just trying to see if there was any facts to
the rumor at all.
You have me figured wrong, Im
not a trouble maker when it comes to PZN, I am
however a critic, dut the amount of stock I am holding
which is useless at the time, The way I think is , if
they are loosing contracts in their home state,
something is wrong with the big picture.