Next big date = August 15, 2015
That's a little more than 6 months; more like 9.
Patience required.
Unless there is some earth-shaking announcement, it is unlikely that PLSB will get much stimulation before August 15, 2015, because the December and March quarters have tended to show pretty poor results. On the other hand, the past 3 June quarters have been PLSB's biggest.
A very important announcement would be that they have obtained the financing necessary to support the substantial revenue growth that many of you dream about. PLSB's current finances may be suffcient for survival at current business levels but, unfortunately, PLSB's present asset base will only support modest growth.
It may be that the major impediment to getting new financing is management's bad reputation, including prior FDA warnings, misappropriation of employees pension money, DOL's permanent banning as a fiduciary, bankruptcy and continual wildly inaccurate forecasts of PLSB's activities and results. These facts may concern lenders.
Another important announcement would be that, after their initial shelf stocking, retail outlets have sold enough product so that they are re-ordering.
Finally, a lightning strike would be an offer to buy PLSB from some big outfit.
