Hi Don,
I sold most of my PAEB (around 15K - 20K shares) back when it was @ .14. I got tired of waiting for them to become fully reporting and all the markets were heading south, so I bailed. I think I have 3,000 shares left, which really aren't worth selling right now.
I saw this in the SEC filing you posted:
On July 13, 2000, Ron Hale, the former Vice President (Engineering), Secretary and Treasurer of PalWeb and the former President of PalWeb's wholly owned subsidiary, Plastic Pallet Production, Inc., resigned from all of his positions within PalWeb and Plastic Pallet Production, Inc.
Is this news to you guys ? Any reason why he resigned ? If you look at a chart, there seems to be a correlation between his departure and the drop in the stock price. Could be coincidental.
So what are your and Dallas's thoughts about PAEB's prospects at this point ?
Thanks,
Chris |
