RE:Just a minute , Hasnt the deal been agreed uponBinscamdb4, that's the way I see it and here's my opinion for what it's worth.... The trading halt was called. A lot of people got in the panic mode and when it opened with what I thought was good news for PNP (Sheldon and cronies gone and a good reprieve form Debenture holdiers) and a new set up of 'sensible' board members to run the company,some people started the panic selling. Seeing this great opportunity right away the shorters stepped in and took advantage helping the panicers sell it down. And that's still going on right now..... However Sheldon didn't make all bad deals. As a matter of fact I think he made some great deals which will prove themselves out. It wasn't bad deals by him that caused the problem it was his bad timing. The market was going lower regardless how good the individual stocks were. Now consider this... We people here are all much the same. We're looking out there in the stockmarket at all those great deals that you can get on so many positions that are worth a heck of a lot more than there trading for. Many of these positions are held by PNP, which,insidentially, is trading at such a low price ($.065/share) that you're not going to find a better deal anywhere. Because when you factor in the discounted value of these stocks ( and PNP has them all in one stock, the resourse sector, technology, precious metals) and then see how much the shorters have forced another big discount besides then this gets me to thinking what a great opportunity......
This company can be fixed with very little effort. And now that Mr. Patricio has taken over and they have gotten that great forebearance agreement from the debentureholders you're going to see PNP,with this share price now ($.065/sh), as one of those great deals that shows itself rarely.
Of course JMHO. Good luck all.