RE:RE:RE:So... let's get this straight
Why don't you look at it from another angle? PSC is part of PUF, it's not separate entity at this point. This investment is specifically for PSC which DOCC wanted but maybe they can't get in without being part ownership of PUF, why they have to pay premium price for the shares.
Remember amid of all the crying and whining about PUF not able to get the license for AAA building and the SP tanked to .40s? Yeah, and you know what 40M could have done? Even with SP being at .95 right now, 40M could buy them a lot more than that on the open market if they chose to, taking into consideration the SP rises in tandem with their buying, unless get blocked. I think the clause in there preventing DOCC from owning more than 20% of PUF for a reason. And if DOCC chooses to go the PP route even at the current SP, they get much more. And massive dilution as a result for PUF.
Now with this agreement and getting DOCC to buy PUF shares, PUF gets to raise money without dilution and at the same time boost the SP. Not to mention bringing stability to the stock. Less shares on the market for trades, less likely to be shorted and manipulated like previous times. And with DOCC involved, I doubt they let that happen to their investment even if some wanted to.
Nothing's free. I think this is win-win for both parties.