Quote:3. P2O will continue to draw support from our loyal shareholder base that includes individuals with impressive business credentials, experience and acumen. In 2016 P2O raised secured debt financing from investors with systems integration and operations experience who can partner with P2O in the delivery, set-up and sale of P2O Processors. Valuable strategic suggestions have been offered and are being evaluated. P2O is also considering making important additions to support the 2017 sales and marketing initiatives. This will require a project management team and P2O may also require an ancillary advisory board.
slow and steady wins this war ..
when P2O was wrested back in mid August 2013 .. i doubt either the current
CEO or even P2O's founder .. expected 2 realities that would follow
first is the time of executing P2O's first sale .. regardless of external efforts
or internal efforts (this opinion of mine is based on the Dec 2013 *confidence*
both RH and JB displayed via the last AGM )
second is the compression of PTOI below 10c .. which of course was in play
by the EOY 2013 .. that 10c would be reset to 6c (52 week low) by Jan 2014
this is why the total volume matters compared to seeing there are actually
a few more *holders* of PTOI shares today than there were back in 2014
not counting Dec 2013's *efforts* .. the volume undertaken (mostly sub 10c)
with the notable exception of when NYSDEC issued multi year permits to
P2O in the summer of 2014 and NR almost lost the then important PPS of
20c) since Jan 2014 to EO March 2017 = 43,676,594
anyway it is sliced .. whether folks *believe* in a 9 year embedded NR effort
or not ..
PTOI will have *volume* of 10M to 30M with news that NR can't ignore .. literally
and this is why both market perception (OTC included) and P2O's promotion
via *consistent* interaction/updates/publications/trade shows/road shows/
CCs and yearly AGMs .. matters going forward
if RH expects 2 sales of P2O processors in 2017 .. we should see BoD
seated well b4 EOY .. if this first sale leads to 2nd and 3rd sales (separate
customers) .. my expectation is realistically P2O can update out of the OTC
cesspool within 18 months of an independent BoD being seated (i use 18
but it could be 12 or 24 months)
there are strategies *aware* OTC mgmt teams undertake specific to events
pre uplisting .. and then post uplisting
just me but i don't see RH as CEO when P2O uplists .. tho' i do see him on
the BoD
until there is another competitor in this emerging sector .. P2O is the 800 pounder
competition is always healthy .. and the first 3 to emerge from the primordial soup of contenders
(they have to be public companies for a very obvious reason .. true comps)
will do just fine re: this sector in its ascension
4kids
