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The otc has been bouncing this week actually. They just need to pay off the rest of the debt to cancel any potential dilution. It wouldn’t surprise me if there was shorting involved as well. They almost specifically sell into every run. It’s weird with these mms.
Either way with news etc I think this will eventually gain volume and move north.
The selling of naked shares here should stop as of March 19th.
New rules for all stocks. https://www.dtcc.com/-/media/Files/Downloads/legal/rule-filings/2021/NSCC/SR-NSCC-2021-801.pdf
Looking for short squeeze if there are naked shorts.
Looking forward to finding out more info about it.
New tweet and video out
Nice! Again another verification that there will be some sort of collaboration between a host of celebrities and ABA team players. Sounds interesting. I’m hoping they get there videos to their fan base. That could really help build the league and take it to a national level.
Market moving back up today. Let’s go $PSRU. Looking forward to the 2nd team reveal soon as they indicated on Twitter would happen soon.
Absolutely agree. I’ve emailed them about that very concern. They couldn’t respond directly obviously but said they would address it. So I’m hoping we get an accurate assessment of what’s left if any and how they plan on tackling the remaining debt. The 26.5 mil debt cancellation is certainly a huge step in the right direction.
Any thoughts on PSRU?
When the market settles I think people will be focusing on solid plays that are current, have filings, real business plans. PSRU has all three.
Yup.
I doubt it. Even if they get shares it would likely be restricted for some time.
This is huge imo. Could be a major collaboration between celebrities and the ABA Hollywood’s team players. Sure sounds like it.
PSRU.02... Huge Stormy Daniels video congratulating PSRU she said there would be “a combination of celebrities and professional players. Be sure to stay tuned for updates”.
To me the most important part about Stormy Daniels video congratulating PSRU was that she said there would be “a combination of celebrities and professional players. Be sure to stay tuned for updates”. That went unnoticed but extremely important.
PSRU 26 mil debt reduction last week.
Psru withh filings/news and they just canceled 26 mil in debt and I think they’ll tackle whatever is left soon.
Exactly!
Everyone running after LTNC for its connection to a celebrity’s trainer. PSRU had several celebrities actually putting out a video.
Newsletter just out... https://filedn.com/lN4uyGpr8nALYGHGNsrtrTz/The%20Eagle%20Issue%20v2%20(1).pdf
Nice! Thanks BB for looking at that.
Based on a tweet today there should be a PR coming with regards to a new ABA team they are launching. Let’s see. If they can pay off the rest of the debt we could move nicely. Dilution is tough but if and when it ends i think psru will move. We shall see.
Seems like there will be a collaboration between high profile celebrities and team players to raise awareness of the ABA.
1.2 mil followers on Twitter.
Big tweet out
From yesterday’s 8k:
Today, after months of verbal negotiations, we have another potential acquisition in our sights. It is an Independent Financial Advisory firm based in Singapore administering more than $200 million U.S. Dollars and historical gross income of more than $2 million U.S. Dollars.
Hopefully yes. I wonder if he will offer some assistance with the league. He does have a significant following of over 300k followers and has 3 sons in the NBA. He has helped with junior basketball leagues. I think folks like him and other celebrities can help create awareness of the ABA and really take it to the national level. In addition with Valiant’s OKTV network, they will likely broadcast the games on TV, further sending it on the national stage.
Lavar Ball also congratulated Valiant on the ABA Canada acquisition. Did you see that?
Nice news!
Great article. Covers a lot of detail about the ABA.
At least PAUL and ALPS haven’t been on level 2 for about 3-4 weeks so it seems like those loans have been paid up. There are other sellers perhaps but after seeing the company cancel 26 million dollars of debt I suspect they will try to tackle the rest of it soon.
As long the company continues improving the fundamentals and cleaning the balance sheet this will eventually move.
Stocks that ran up big are slowly coming back down to earth. PSRU hasn’t run yet significantly in this whole market. People will be focusing more now on value plays with good fundamentals.
They acquired the Hollywood team. ABA is a professional sports league.
PSRU. Any other stock you know owns a professional sports team, let alone a league(ABA Canada)?
Go $PSRU
Adding here with you. Yeah something seems up.
PSRU recently bought Hollywood basketball team. And ABA Canada
PSRU .0265-26 MILLION debt cancelled by ceo. Revs up 3000% yoy
Let’s see that break over .03 this afternoon.
Psru Big news yesterday! With 3000% increase in revs yoy.
26 million of debt cancelled. Not much remaining. It Wouldn’t surprise me if they use their increased revenues to pay off the rest.