Praxsyn Corp (PXYN)

[namtae]

Bottom line with PXYN is sophisticated money hasnt come near this thing. The big gorilla is the AR nightmare and massive TOXIC OVERHANG

PXYN setting up their own collections facility will have little if any impact on collecting receivables any faster from Cal WC.

Many just dont get it and wonder why the stock is 7 cents and only a $20m market cap while sporting a $100m run rate. See above.

PXYN's business model is flawed unless they partner up quick with some legitimate, significant capital and move away from billings that force massive factoring haircuts.

Why else is PXYN infested with toxic financing? Answer: Because that's the only money that's available, last resort capital