Yes, no one has noticed Pitboss, but that IS to be expected since they still have not engaged a decent PR firm AND quite frankly, they do not WANT anyone to notice--not yet!! Why? Because to see the share price of Pegasus take off would be "problematic" for both companies as it would not make the "cost" of this Special Dividend considerably higher. You see my point? Do you see why I, as a Chimera investor, am more than a little troubled by talk of a "Special Dividend"? If you hold more PGGG than Chimera, sit tight, pay day will come.

For Chimera shareholders such as myself, the future is much more cloudy at this point. IF we get the shares directly, then we can still participate to some degree in Pegasus' (Chimera built of course!) future, and that future is looking brighter from where I stand. Remember, even if we get the shares, this is still only a 1 for 6.25 stock swap--NOT a good deal for CNOC shareholders by any measure, but a VERY GOOD DEAL for PGGG shareholders. Once again, Chimera owns 5 million of PGGG shares and so by giving that back, they are selling the rest of the company for basically 10 million shares. At today's prices, that values CNOC at just over 1 penny per share. We are talking slightly under $1 million TOTAL price for the $3 million development center in Vancouver, the Costa Rican operations center, the double-redundant back-bone network that Chimera painstakingly put in place (that we Chimera shareholders paid for of course), the buyout of the 25% of the revenue that Chimera receives from Pegasus' own sites, the buyout of the 8% of revenues that Chimera gets from every PEGASUS sub-licensee, and of course, the Crown Jewel which is the Technology and Platform that Chimera built!! All this, and my best estimate is that Pegasus should have no more than about 40 million shares outstanding--alot less than the 94 million share currently outstanding with Chimera. $1.50 to $2.00 per share? Hmmm, well, perhaps that is abit high for now--or maybe not--but CERTAINLY a price of 0.08 is ridiculous! If CNOC shareholders DO get the shares, PR may follow relatively quickly, if we do NOT get shares and Chimera and Pegasus management have worked out a back-room deal to take care of themselves and those close to the company (very possible), then my expectation is that Pegasus might put out a somewhat half-hearted press release like what just happened and remain in "silent" mode until the smoke clears in the hopes of avoiding litigation. THEN, at some point they would likely make a REAL effort to get the word out about just what a deal they got, how the future never looked brighter, etc. etc. If US Gaming legislation were also to pass once again legalizing US sites, then $2.00 is surely doable...especially with many FEWER shares and ALL OF THE REVENUE for PGGG to keep for themselves.