Patten Energy Solutions Group Inc (PTTN)

[tonyo524]

Would not make sense to dilute at this level, not only would they have to dump millions of shares to make any money, but they would have to do a share increase to even have the shares needed to dump.

Here are the advantages.

A higher pps would mean convertible notes get paid off quicker.

A higher pps would mean Rozinski and Patten make more on their conversion.

A higher pps won't come without releasing those fins.

And last thing, their is a bright side to this scenario. I doubt highly that Finra will approve any r/s or any other nonsense to a company that is 2 filings late, and defaulted in their Corporate license. Even if they are a voluntary filer.