Isoman, it is disappointing to see a grown man repeat this kind of nonsense. Because I know you know better and have known better for many many months now. I suppose you have some public purpose in defending the misrepresentations of this company and I am left to presume that you have your own dark motives here at protecting your own investments.
But your attempt to rewrite the history is not going to work. It has been clear from the beginning that PRWT did not have the kind of commitments, nor the kinds of potential that they claimed for Belize. The idea that they were going to finance 6000 homes in a land of 220K inhabitants - 6000 homes of US$50,000 to US$90,000 - value was preposterous. Anyone that can do 7th grade math can see that this would never happen. 6000 time $90,000 is $540,000,000 which greater than the Gross Domestic Product for Belize. It is and always was fabricated nonsense. And you know, and you knew it. The Press Releases and statements reported by investors as coming from John Schmitz are unconscionable. The SEC could investigate them for this alone.
The RMC deal has been reported by this company as final long ago. But never by Dave Williams it seems. I think this has been another egregious misrepresentation. Escape clause - hogwallow. And you know that as well.
You have been reporting the number of shares outstanding and if you want me to pull your posts where you have been parroting the same numbers, then I will research it for you. But I seem to recall you forwarding these same numbers right along. Blaming others serves no purpose.
I think a forced reporting of their condition is in the best interest of the free market. It would remove any uncertainty about what they are up to. If they have nothing to hide, then disclosure benefits everyone. I am dumbfounded that you would argue for no disclosure here. If it takes a trading halt to accomplish this, then so be it. I think it is time to turn on the lights and have some accounting here.
I think the reason you don't want such an accounting is that you know in your heart that things with PANB/PRWT are not as they have been presented and your long investment here is at risk. Well, too bad. |
