Company will announce the ENTIRE PACKAGE
next week...this includes SI plus dividend
declarations. They want to be able to release
all of the
info at once.
I have order in to buy 20,000 at
I would propose that OPCO become a C Corp and PZN
not pay any dividend until we can afford it. I would
like to see PZN stop building speculative beds and
work toward optimizing the potential revenue available
from existing facilities. I would like to see OPCO go
back to the glory days it had when it was CCA. Many of
us remind me of the fable of the goose and the
golden eggs. We are doing our best to kill our geese,
both OPCO,who supplies us with leases, and PZN who we
depend on for dividends.Unless both of these companies
prosper, we are going to continue to suffer. OPCO should
go public and the employees should buy a major
amount of the stock. The better they do, the better we
will do. They need the incentive to succeed. We have
absolutely no business getting a 30% dividend. All that will
do is get the PZN delisted,and maybe take it to
bankruptcy. The leases between OPCO and PZN need to be
restructured so that OPCO is not paying an inflated rate to
PZN. PZN's rate of return to it's shareholders should
be pegged around 12%. That's a good return. If we
suck it up and do something like this, both OPCO and
PZN can be around for a long time. I also think it is
in the best interest of the shareholders that Doc
and Doc Jr. go. If that is not feasable, let them
rebuild OPCO. We need a different type management in PZN.
We as stockholders need to do what we can to protect
our investment in PZN. Let's stop whining and push
for something constructive. I'm $50,000 down and am a
very middle class retiree, who remains a stockholder.
I don't want to be part of the problem, I want to
be part of a positive solution. JMHO
to pay the dividend. I thought they were going to
close on the sale of one of the jails to a county in
FLA before year end. Has this been mentioned before?
It would certainly be a nice infusion of cash (25
120 or so posts for today..This board has really
become active and very interesting to read...but then it
was only a matter of time..some knew it and others
refused to believe it...glad i'm just reading ...with no
vested interest anymore..I certainly wish you all luck
with this.......call 911.....
1. Business sense says use the new equity and
whatever earnings for growth.
2. Dividends should not
be paid until this becomes a mature company in a
3. Stop worrying about dilution--I'm
sorry but I think we're into survival here.
Re-Read the prospectus' risk factors. My recollection is
that all they ever promised was they would try to
qualify as a REIT. No shareholder vote is required if the
BOD determines that conditions have changed enuf that
it no longer makes good busines sense to pursue the
5. Yes, the stock will recover
because the business fundamentals are sound and the
increasing public failure to provide safe, secure, and
humane prisons will continue to make privatization a no
1.They will pay the .20 per share dividend by
2.The regular dividend will be paid in
3.The stock will have 50% dilution unless some special
deal is made..
4.A decision to be a C CORP OR
REIT WILL BE UP TO SHAREHOLDERS.
5. The stock
will recover and in the long term
we will all make
money. The long term is not 6 months.
If they go to a C-Corp.
I think they
planned on getting dividends.
This company makes me sick sick sick.
REIT managers dishonest or what?
RULES!!!! and DOC stands to make a handsome payday with his
WHY WOULD ANYONE WANT
I need to sign off...I AM WAY TOOOOO
NOT WORTH IT ON THESE CROOKS.
I have unloaded yesterday late PM following my
post. the thing looks just too awful. You must be
truely rich to afford losing so much money.
the latest developments, you guys better rethink how
much cash you'll need in the next year because some of
you will be in real paint over this next
The sale acceleration is excately what I was afraid
of and mentioned in my previous posts.
God I made the right call yesterday.
you all luck and I may pop here once in a while to
follow up to verify on my strategies.
here can tell I have not warned you. Yet the stock is
still overvalued given the big guys reactions.
probably was wrong in my $6 prediction. Looks that $4-5
will be the number and you aint gonna get any cash any
time soon from that stock.
Lawsuits will be flying. They were adamant
if they got the SI, then ALL DIVIDENDS WILL BE PAID.
I WILL PERSONALLY JOIN A MAJOR CLASS ACTION IF THEY
RENIGE. ALSO, CONVERTING TO A C-CORP WILL MAKE MANAGEMENT
RICH NOT US, I WILL ALSO SUE.
dividends so they better deliver!