Hi, Norman! PageRank is an indicator of authority and trust, and inbound links are a large factor in PageRank score. That said, it makes sense that you may not be seeing any significant increases in your PageRank after only four months; A four-month old website is still a wee lad! PageRank is a score you will see slowly increase over time as your website begins to make its mark on the industry and external websites begin to reference (or otherwise link to) your Web pages.
What's the authority of your website or webpage, or any other page on the internet for that matter where you're attempting to gain visibility? Authority is an important component of trust, and it relies heavily on quality links coming from websites that Google already trusts. Authority largely relates to the off-page optimization discipline of SEO that occurs away from the webpage as opposed to the on-page optimization that occurs directly on the webpage.

For search engine optimization purposes, some companies offer to sell high PageRank links to webmasters.[40] As links from higher-PR pages are believed to be more valuable, they tend to be more expensive. It can be an effective and viable marketing strategy to buy link advertisements on content pages of quality and relevant sites to drive traffic and increase a webmaster's link popularity. However, Google has publicly warned webmasters that if they are or were discovered to be selling links for the purpose of conferring PageRank and reputation, their links will be devalued (ignored in the calculation of other pages' PageRanks). The practice of buying and selling links is intensely debated across the Webmaster community. Google advises webmasters to use the nofollow HTML attribute value on sponsored links. According to Matt Cutts, Google is concerned about webmasters who try to game the system, and thereby reduce the quality and relevance of Google search results.[40]

The SEO industry changes at an extreme pace, every year marketers evolve their strategies and shift their focus. However, backlinks remain just as crucial of a strategy as when they were first created. Currently, backlinks are a very common phase in the world of SEO, and if you are involved in the industry, you know backlinks are vital to a website’s performance.
Google might see 10 links on a page that has $10 of PageRank to spend. It might notice that 5 of those links are navigational elements that occur a lot throughout the site and decide they should only get 50 cents each. It might decide 5 of those links are in editorial copy and so are worthy of getting more. Maybe 3 of them get $2 each and 2 others get $1.50 each, because of where they appear in the copy, if they’re bolded or any of a number of other factors you don’t disclose.
You should fix all errors which can impair users’ expectations. By hurting user experience, you endanger the organic growth of your traffic because Google will surely limit it. Do this task thoroughly and don’t be in a hurry, otherwise, you might learn that your backlinks don’t work. Be responsible for each decision and action. Search Engine Optimization (SEO) works better when the technical optimization of your site meets the standards.
I would like to know how Google is handling relevancy with so many websites now jumping on the “no follow” wagon? Seems like just about every major website has no follow links, so with the Panda updates this year what’s happening to all that lost link power? Seem’s like this tactic will stagnate the growth of up-and-coming websites on the internet to me. Am I right here?

Links - Links from other websites play a key role in determining the ranking of a site in Google and other search engines. The reason being, a link can be seen as a vote of quality from other websites, since website owners are unlikely to link to other sites which are of poor quality. Sites that acquire links from many other sites gain authority in the eyes of search engines, especially if the sites that are linking to them are themselves authoritative.
Spam is a poison that in different ways (and in different names) affects many things. Matt, you and your guys do a great job in trying to keep it at bay. But, as mentioned before, with that role and power, you set the rules for the web in many ways. As I have said before even though the JavaScript link change is not (in Danny’s words) backward compatible, it is understandable. I will maintain that the PageRank sculpting thing is not the same.

PageRank is one of many, many factors used to produce search rankings. Highlighting PageRank in search results doesn’t help the searcher. That’s because Google uses another system to show the most important pages for a particular search you do. It lists them in order of importance for what you searched on. Adding PageRank scores to search results would just confuse people. They’d wonder why pages with lower scores were outranking higher scored pages.

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