The Yahoo post, #3939, on the PKGP thread is authored by itstime4. Here it is:
Oh no!
I hear that the CEO of the company that PKGP is to supposed to have the reverse merger with has been hospitalized. If the news is not released tomorrow or Tuesday we could see a wait of about 6 weeks until he recovers.
Now my opinion: I find this post lacking in credibility to a very high degree.
First of all, since there's no such thing as a rumor coming from a pocket of air, I think a person can boost his/her credibility by stating something about the source of the rumor (i.e., "a friend of mine who works near the company sent me an email...", "I got a phone call from my broker...", etc.). My opinion is that when no reference to the source is made, a little skepticism on my part, as a reader, is justified.
Secondly, I've been following the Yahoo thread on PKGP very closely for over a week and the author of the post, itstime4, has not been a regular poster. To the best of my knowledge, that was his first post on the thread. I even scrolled back several screens of past posts just to confirm that he wasn't there. It doesn't mean the post isn't true, but I find this to be another hit to credibility.
Finally, I find the content of the rumor itself to be preposterous. Am I to assume that a CEO of a company that is about to embark on a profitable merger has no concept of investor relations? If I were a CEO and had to go to the hospital for six-weeks, would I say to my fellow employees, "Well, we're going to hold off for a few weeks." No. I would delegate the task, and ask investors to understand that I had the misfortune of bad health at the time of the merger.
Anyway, this is all just my opinion, but I tell you, I will be shocked if that post from Yahoo turns out to be true.
--Chris O'Keefe |
