Point 360 fka PTSXQ

[papadedavid]

This is the KEY here imho:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11731414

The CEO holds at least the 54% of the commons and there are no pref. issued.

From the last 10Q:

Shareholders’ equity:
Preferred stock – no par value; 5,000,000 shares authorized; none issued and outstanding - -
Common stock – no par value; 50,000,000 shares authorized; 12,630,506 and 12,740,506 shares issued and outstanding on June 30, 2016 and March 31, 2017, respectively.

When you enter into DIP you may either emerge from the bk or go to Chapter 7 and the holders of the common would be f%&($ then.

What would you try to do if you hold the 54% of the commons and no pref??

This company has 250 employees and is a NETFLIX preferred vendor

Incorporated In: CA, USA
Year of Inc. 1990
Employees 250 a/o Apr 30, 2017

Point 360 named Netflix Preferred Vendor for Quality Control

Point.360 is pleased to announce that we have been selected as a Netflix Preferred Vendor for Quality Control. The honor of being awarded this distinction acknowledges our commitment in upholding the highest standards possible for our clients, as well as providing exceptional service. We have been producing master-level quality control to the broadcast, digital distribution, and film industries for many years, and we are proud that Netflix has chosen us to ensure the level of quality for which they are renowned.

You can check out also the NETFLIX web, actually PTSXQ is one of the few master quality control preferred vendors:

https://npv.netflix.com/master-quality-control


The low float should do the rest here...looking for a 20-50 bagger here over the next 2 months.