Pacific Sands Inc (fka PFSD)

[fool4this]

I think once the company failed to file the first Q on time the legal team muted them. Any comments could be considered selective disclosure.

This company had 1.1 million in shareholder deficit at 12-31-15, the last peek behind the Teddy. It would take a decent effort to push that much debt around and still be operating.

Might we entertain another idea that does not involve claims of fraud and self dealing without financials to verify it?

What if some of the loss in 2015 was marketing and promotion as they stated in some of the Ks and Qs. Heck of a waste of money but... could some of it actually stuck?

My cat knows better than to use converts without a minimum excersie price so there is that piece of Trumpish management. But this company has products people like and continue to buy as attested to by investors who have posted here.

October 20 an admin judge reviews this case and likely revokes their registration.

Might not be the end of the world. We get a private company that can report and talk to us without all the SEC rules, regs, and restrictions.

I know there will be some tick flippers who lost liquidity and might not be able to pay mom for Oct rent for the bedroom in the basement, but a long term holder might begin to see periodic reporting. My goodness--what if the first quarter of 2016 was followed by a couple profitable quarters? Not enough to pay 1.1 million in debt and 100K per yr for Qs/Ks but enough to hold our interst maybe.

I am not predicting the future as you have done several times. I just see some hope here. What is the alternate. Sue someone who was legally insolvent at 12-31-15 and could not pay for any judgement you get?

Just some random thoughts. Now for the red wine. It is a medical emergency.