Jaknife/Dell
I run a business which trades in the PRS numbers sector, something that PNC are well versed (originally 'The Private Number Co').
We are seeing a rise in investment in the telecom sectors and expect 2006-07 to be the return to favour for this market.
I do know that Joe Case has a personal angle on seeing PNC back on track, as does Leo.
Going on facts and figures, any analyst would, as you have portrayed, be wary of the possible loan conversion, but analysts are exactly that. They analyse the facts, they do not take sentiment, personal promises, hopes and wishes etc into consideration.
PNC investors have two choices. Stick to the facts and figures, or place a little faith in the directors and their intentions.
Hence, they either take note of your posts or Daniels.
Now me, I have had contact with Joe Case, I also know the history of the company intimately, so I would go with Daniel on this one.
The directors have no plans to make a quick killing. Yes, they want to get rich from it, otherwise why bother? But not at 2p!!!
Sim4Travel has little in the way of competition and the PNC number ranges etc will offer additional usage for this product, thus enhancing revenue and usage.
This month will see a considerable rise in turnover and profit because the simcard purchases will be exceptional over the xmas period.
Expect some considerable advances in the share price over the next few months in my opinion!