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Premier Exhibitions Inc. Message Board

  • snow.ball7 snow.ball7 Apr 15, 2014 6:14 PM Flag

    Long Term 5th Avenue Lease.

    news. company is in it for the long haul, but who will own it ? changes to bylaws recently.
    there's a lot going on here. This is is complicated business. Very complicated. Management
    is going to need over $1.78 for stock options in buyout. I doubt they get it, the stock is moving to
    its true value now, because absent big profits (what's with the over $3m per QUARTER in general administrative ?) I don't see it fetching more than, ballpark, $50m ? And that's being generous, is it not ?
    One 5-minute look over the 10Q tells me this doesn't belong stand-alone public stock. Should be
    subsidiary of some larger entertainment corporation. Or, the new toy of some talented
    showpeople ? I don't know. There is no support on the chart. If there is no buyer, Sellers takes it
    all for 50 cents the way things are going, right ? But the midtown Manhattan lease could be a
    game-changer, with the right exhibitions. 10 years 10 months option for another 10 years.
    long time.

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PRXI
0.74+0.05(+7.25%)Aug 29 3:58 PMEDT

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