InvestorsHub Logo
Followers 11
Posts 5005
Boards Moderated 0
Alias Born 11/14/2009

Re: ccraider post# 21831

Wednesday, 01/20/2016 6:52:22 PM

Wednesday, January 20, 2016 6:52:22 PM

Post# of 23256
To avoid delisting PTSC has been buying shares to keep the stock at 1c of above for 10 days in my opinion. They are already authorized to do so. I only read the financials and deliver the straight info the company hides in the financials. PTSC said in their SEC filed 10Q that they only have enough money for about 1 year (the appeal takes 1.5-2 years) and they are out of compliance with the penny stock board listing requirements and they will be delisted in June and are considering a reverse split which is usually lethal to share holders. Most peeps do not actually read this stuff they just trust the company pumping PRs. I am just trying to help. Now would be a great time to sell because certainly nobody is buying the shares but PTSC, in my opinion, because there is absolutely no reason to do so since the appeal takes 14 MONTHS to even be heard then 3-6 months to decide. You have company demand to sell into because without it the stock would tank if you tried to even sell 10,000 shares. Then you would have a trial if PTSC is successful in the appeal which takes another 1 year then an appeal which takes another 1 year at least. PTSC will not even see a tiny bit of revenue until at least 2019-2020. If PTSC even exists then they will have over a billion shares outstanding. NO REASON ON EARTH TO HOLD THIS STOCK. Sad to watch all the denial but those are the known facts friends.