Thursday, January 05, 2017 3:05:36 PM
In the world of PTOI we talk the language of men in tin hats communicating of a 100 Million shart of an illiquid POS that was WRESTED back from the CE's eons ago! We spend 45 minutes documenting $600 worth of trades that in this insane asylum, are worth BEELIONS!!
"$$$2.3 million due this year in debt payments? Whaaaaat????
On discontinued operations? How the bejeesus?? The company lists total assets of just over $2 million, the only property they own is HQ in Thorold which is in default, and apparently the sale fell through.
Creditors now charging 15% on $$12 million$$ in accumulated debt since they've ceased operations and essentially liquidated.
If they ever sell the defaulted property, things will get REAL quiet around here. :D"
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