Though it is difficult if not impossible to "make" a Pinksheet company open up, despite promises such as the one on June 18th whereby the news release promised more information to follow "soon". Having said that, they can still be accountable to us if they sell us out to PGGG at an unfair price, which for those of us who have been with this for some time is what we worry about. The price you see today for both companies is ludicrous frankly, and they know it. Especially for PGGG that has been doing fine, at least last I heard in early spring. It is true the US legislation put a crimp on some of Chimera's plans, but NONE of what has been accomplished by PGGG would have been possible without Chimera's development people, their infrastructure, their capital at the beginning (Read: OUR money, yours and mine!), and of course, the TECHNOLOGY that Chimera alone owns. Again, very very important not to forget this because perhaps (?) Chimera thinks that we will "forget" this after awhile. I for one will not. To be clear: Announcements over the past year by PGGG about "progress" in technological advancements such as possible video gaming, integration of new language packs, upgrades, etc. are ALL THE RESULT OF CHIMERA PEOPLE AND TECHNOLOGY. ALL OF IT! Though it is obvious to all of you, for the record I will state WHY this is so vital to remember: IF this so-called "Dividend" uses a price anywhere near where PGGG sits today, or even back at .12, then that is a complete sellout at a firesale price. It would amount to a 1 for 20 to 1 for 60 swap and I for one would not stand by to take that without appropriate legal and regulatory action to insist on a Full accounting from both companies. Now, having said that, I don't THINK they would have the nerve to go quite that far because despite the silence for a long time, there is more known than some believe.
As what PGGG has been up to, they appear to be switching some of the Chimera site names and rebranding some others. I have taken notice since April/May timeframe that 724Allbets now links to 724Sports, same for 777Betz and GoldenGoosebets more recently. Not sure who they are using for Poker now as the old SportswinPoker and 777Betz-Poker are offline-though 777Betz-Poker for some time now anyway, and same goes for GoldenGoosePoker. More recently, 838Bet is now a parked site and BetUni is offline. There are some sites still seemingly the same, such as BestBookmaker and Betlion, but really hard to keep track with all the changes. Still, tough as it has been at times to get reliable info, Pegasus is still doing fine and growing from what I can gather, but the market will continue to take ZERO notice until an honest and open effort to communicate is made by both companies. That is what concerns me really. I STILL believe Pegasus is doing quite fine, and so speaking for myself, what I want is a fair swap that properly compensates us for our investment--I want PGGG shares. That is where true value will lie after this transaction.
