OTCQB:PSHIF - Post by User
Comment by
metzgfon Jul 28, 2005 10:02pm
145 Views
Post# 9335998
RE: PSH credibility/deliverability
RE: PSH credibility/deliverabilityYou and I both believe that PSH should be worth more than a dollar. I am sure that if Cotter had any control this would have already happened. Right now, his shares are worth very little. He may have made some money on his salary and even on some side deals, but it doesn't amount to much if his stock holdings moved to where they should be. I don't blame you for being upset. You have obviously put more time and effort, and I am sure money, into this stock than anyone. I, for one, appreciate the information you have presented on this board. I just feel that, unlike a company that owns 100% of their action, PSH has very little to no control over what happens. If Cotter made a mistake it happened when he opted to buy in to a 10% and 20% share of something. When you do this you have to realize that you have given up your control of your investment. I don't think anyone on this board really knows why there has been a lack of drilling for almost a year. Only those who control the majority position in these operations knows the real answer. I doubt if they are sharing all of their plans with Cotter. All we can do is hang in there and hope for the best.