Ladies And Gentlemen Winner of the Harassment Topic of the Year is...
Drumroll Please!
TtTtTtTtTtTtTtTtTtTtTtTtTtTtTtTtTtTtTtTtTtTtTt!
Invasion of the Financals Snatchers! [NO! that's wrong! Someone must be playing a joke on me!! Where is the right envelope?!?!?!?
Here it is!]
Winner of the 1998-1999 Harassment Topic of the Year Award is....
Evasion of the Financials Filing! ["applause" lights flash a lot right here]
Ladies and Gentlemen, on several occaisons management of this company announced (or allowed to be leaked) its plans to release the financials (!!!). Each announcement was greeted with joyful dancing in the streets (except in certain cities in Arizona, where dancing and other public desplays of emotion are frowned upon by certain obsessed individuals.)
Each instance of this dreadful occurrance caused invesetor hopes to rise, only to be dashed on the rocks of unfulfilled promises once again. "Woe is me, woe is us!" has been the lament of the weary and forlorn investors who, against all odds, hoped that someday their little company would do well and would release its financials.
Why oh why a promise of financials then nothing? Well, actually there were some fairly reaonable reasons. Unfortunate and not the best one could hope for, but reasonable -- mergers, acquisitons, joint ventures...each of which caused a change in what would be reported in the financials. This situation was intollerable! This was understandable! Several shareholders bought shares! Several shareholders sold shares!
Then one day in January 1999, a dreadfully bleak day, not only with regard to the weather, but also a bleak day for each and every non-reporting company, the evil SEC, those lazy n'er-do-wells, slackards and sluggards all, who allow storefront daytrading rooms to open up without a wink or a nod let alone an investigation, announced that as of the same day of the announcement all companies wishing to begin trading on the OTCBB had to be reporting companies immediately AND that companies already on the OTCBB had to become reporting companies according to a phase in schedule based on an alphabetical listing of their names.
PABN, then known as PRWT, (not to be confused with TRW, which has 3 letters which are the same as three of the letters in PRWT), would have to become a fully reporting company by March 2000.
The company announced that it would file its financials at the end of the second quarter, on June 30, 1999. Many were thrilled! They thought to themselves out loud: "Finally, a reasonable estimate of when the financials will be ready!" Then they thought again, "You mean I have to wait five more months?"
Many were distraught! They thought to themselves out loud: "Finally, a reasonable estimate of when the financials will be ready!" Then they thought again, "You mean I have five more months to harass these folks!? This is Great!"
And so it began. The endless cycle of harassment. Bringing up again and again, over and over, repeatedly repeating the redundant nonsense that no one here can do anything about: The financials were not delivered as promised last year. They have been promised on or before June 30 1999 since February. The only reason to rehash it is for the joy of raising hell by harassing the people by distracting them from what they want to discuss -- things that are pertinent and relevant about this company.
Ladies and Gentlemen, the harassment topic of the year is the financials.
PCM
GO PABN!!! |
