No doubt many investors cheered when RH took over, I for
No doubt many investors cheered when RH took over, I for one did as PTOI was in a really bad shape with the investor group about to get their hand on JBs 1 mil preferred shares with 100 mil voting rights.
Something had to be done back then or we would have been toast already. RH coming on was the saving grace at the time and on paper looked like a perfect fit, established businessman who had built his business from scratch over the last 30 years, coming from a technical background and understood the process and the potential.
I don't recall anyone complaining back then, as most realised what was going on and how close we were to loose PTOI to said group of investors.
Nobody knew however how RH would go about it and I think I can safely say that we are all disappointed with the progress.
Has it all been RHs fault! I doubt it, but no doubt that missed opportunities have been had and no doubt either that RH has taken his responsibility as a CEO way to lightly.
It remains to be seen if he can turn this around which I rate as a slim possibility. He should on paper at least have the motivation as he stands to gain so much if he can.
Still no amount of complaining on a SMB will change the outcome, so why bother! it is a lottery ticket as stated numerous times before, buy if you think the odds are good enough for your risk profile, sell if you don't, and hold if you just want to see how this is playing out with a slim chance of getting your money back.
I believe most investors are in the last boat of just holding to see what the end result will be.
There really isn't more to it.
AIMHO
3
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