OTCQB:PSHIF - Post by User
Post by
metzgfon Mar 02, 2005 11:03pm
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Post# 8686048
Web Site
Web SiteI can't imagine why anyone would be upset about the disappearing Portrush Web Site. It's not much of a Web Site and it contains mostly old data. It's typical of the whole operation. At best, the information on the Web Site probably isn't up to date on what the situation was back in August. As for shareprice, I would expect Cotter to be furious. A small company can only expand if it has access to new capital. This is often raised by selling shares but you can't raise much money selling shares for twenty cents. The shares should be closer to $1.20 if we can believe what we have been told about the three sites (Texas, Michigan and Alberta). At a share price of $1.20, selling an additional million shares would not greatly dilute the value of existing shares but would provide some additional cash for expansion.