RE:RE:Filing for BK - what took so long? Dishonest? Never! Peggy has never lied, cheated or stolen from anyone in her life.
But she has an interesting track record - virtually every company she's ever "managed" ended up in BK. TAM was perhaps the most predictable collapse of all - the amazing thing is she found those morons a few months ago to pay $2MM for 20% of a worthless company. The only company she didn't run into BK was Century, but she was unceremoniously booted from the company before she could work her "magic".
As for PP, I've said for YEARS that it would never get into production - the economics beyond the first (and only) high grade deposit were terrible, even when the numbers were presented in the best light possible (ie, all internally generated numbers, with nary a skeptical outside view of their "estimated" costs).
If anyone really believed that PP would find financing, I've got some bridges to sell - CHEAP! (PM for particulars).