Pulse Beverage Corp. (fka PLSB)

[up2nuttn]

But if they are in Soooooo many places, why only 428K of revenue? The bottom line is they are out of cash and they have been selling their receivables at a 30% discount, thus wiping out any gross margins at all.

I would sure hope that their is news soon, one way or another. Personally, it's my opinion that someone will buy the company at a bargain basement price, the only question is, will it benefit the shareholders or not? I can see someone buying but forcing a BK first, then buying the assets.

Since everyone has read the 10Q, you know that their is a going concern notice and to effectively go forward, they need access to capital, and with their DB financial risk score of 0, the only loans they can get are absolute commercial loan sharking paper.

I love the product and I have a very vested interest into their survival, but at the same time, I am a realist and have read their filings regularly, more importantly, I know how to read them.