Ahhh, Supra..., cute letter, very sweet, but do you realize that we have lawyers at the helm of this PSEC outfit? First and foremost, these lawyers could care less about you, me, or anyone other than themselves. Secondly, they are not going to do what you ask; not only because the "general impression" you describe is what it is, but because they are probably not able to say anything material about this until after the SEC clears it - which is just a smoke screen anyway. These guys are pulling down $5MM a week in fees - remember that - they are not going to let anything get in the way of that. As a matter of fact, that is about the only thing that holds me in this investment right now - that and the fact that I bought price insurance earlier this year in the form of November 10 put contracts,
These boys are greedy b#$t%&ds but they're my greedy b#$t%&ds. Just hold your nose, keep your own back to the wall and you'll get through this.
Headlines has good article on the issue under discussion---(see first article under Headlines)
Although you may not get a response to your letter , it is quite likely your letter will "register"
In the investment arena perception is pretty close to reality---management has not
done a great job of explaining why they are challenging the SEC while at the
same time saying the SEC position is positive for investors---IMHO a good question!