OTCQB:PSHIF - Post by User
Post by
metzgfon Jul 24, 2007 4:52pm
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Post# 13143036
eResearch Report
eResearch ReportThis is the same company that years ago, before PSH drilled all of their wells in Texas, and when they had no income and some debt, evaluated PSH worth at $0.77 per share. Since that time, PSH has hovered between 10 and 20 cents per share. Are we now supposed to be impressed by a report from eResearch? I would think PSH would be embarrased to acknowledge that they are still associated with a company that obviously has no idea of how to evaluate a small Oil and Gas Company. Based on their track record, I would expect PSH to remain well below any value placed upon it by eResearch.