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Re: pitacorp post# 5321

Sunday, 08/02/2015 6:31:50 PM

Sunday, August 02, 2015 6:31:50 PM

Post# of 21105
My broker Binck (the Netherlands) gives this company the maximum risk number of 1000. Which comes down to bankruptcy level.

The company booked a revenue in 2014 which was lower then the annual salary of the CEO alone. No self respecting banker in the right mind would borrow money to this state of companies.

So I guess in penny land dilution is an other day at the office. It also means IMO when you don't have a healthy amount of free cash on the side line but deep in the dept by CN holders that they own the company and you are no longer in control of the steering wheel if they decide so IMO.

If the wooden puppet wants to transform into a real boy a decent P/O is required before the end of this year.

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