Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
PeerTV (PTV) has been a complete disaster story of the AIM Casino. Its first (lack of profits) warning came within weeks of its IPO at 45p per share in December 2010 and in fact related to events prior to the IPO which it had neglected to mention at the time. The shares are now 0.03p. And so it is now time to sack the board at the AGM on Monday. If you own any of the 2.4 billion worthless pieces of confetti in issue here is how to vote and why you should.
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Comments
DUCK AND DIVE
Good luck to them. On a quick scan, PTV looks to be beyond help, even with the fat cats’ salaries eradicated; but anything is better than a slow, passive descent into the black hole.
Beats me why MTV’s PIs haven’t risen up against their greedy, ineffectual and skinless directors. Time is running out there too.