Why would any of the current shareholders take up PEL's offer at $0.04 per share when last sell price was at $0.03 per share??? They, management of this company couldn't run a "chook raffle" still nothing on Romblon and probably never will happen. It is unbelievable, unacceptable for this management to expect the shareholders to believe anything they say judging on how they have failed to progress the Romblon project. This attempted raising is probably an attempt to keep their directors/management fees going for a bit longer. Please come clean management and tell your shareholders why you cannot gain approval of the MPSA after all these years. It is an absolute laughing matter, unfortunately at the expense of idiots like me that invested and believed in their spin!!!
PEL Price at posting:
2.8¢ Sentiment: Sell Disclosure: Held
