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gumbie05

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gumbie05

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Friday, 03/17/2017 3:11:01 PM

Friday, March 17, 2017 3:11:01 PM

Post# of 57850
In order for PLSB to be able repay back the loans they took from TCA, they're going to need to issue somewhere in the neighborhood of 320 million to 350 million shares- at current prices ($0.005)! That's just to repay those funds (without default penalties or extra fees)...it doesn't include funds for operations or growth, hence the need to increase the authorized shares to 500 million! Could they plow through that? Maybe! But those are the current numbers as it stands! JMHO
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