Sunday, August 24, 2014 8:14:27 PM
First to Maynard, my condolences on the loss of your brother.
I have no clue where or when PNCH will file its next 10Q. I do not speak to Mr. Scamblis or know the individuals who are working on the Q, not that they would tell me anything as, I have no authority or would want to get any inside info such as the infamous jeweler in California who got inside poop from a KPMG Partner and both are awaiting sentencing.
Given the fact that the filing is past the due date, I can only speculate there must be a problem, otherwise they would have filed.
I have no clue if the SEC would ever shut this down. This is so low and the totem pole, I doubt they even review the filings. If they did, then some of my observations would have been communicated to Mr. Steve and his staff.
Well, lets see tomorrow morning if the Q posts and there is a gap at the opening because of record revenues or an announcement that Steve is giving back all his preferred stock, retiring from the Company and would be willing to sell the shell to an operating Company.
Even if that should occur, you still have to deal with the convertible notes and only God knows after all these reverses, if you have enough stockholders to remain a public company.
Oh well, this is all speculation and not based on any public filings. Accordingly, do not buy or sell this stock on the opinion of meadow2009 and always do your own due diligence.
Cheerio
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