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Re: rayzer post# 35061

Thursday, 01/04/2018 1:33:34 PM

Thursday, January 04, 2018 1:33:34 PM

Post# of 57850
Thanks Ray but I was wrong when I was calling for a “bounce” back when it hit $0.0012 thinking it was a good shot of doubling your $$$$ if it could go back up to $0.0024! I have always been bearish on PLSB, though, because fundamentally the management of this company is broken! The fact that they actually have products that they sell was irrelevant since the management didn’t know what to do with them in an efficient manner- from the beginning! The funds raised in the beginning went to pay for an over bloated payroll back in 2014, 15 & 16 and when that money ran out (due to operational losses) they went out and borrowed TOXIC funds from people like TCA (one of the worst hard money lenders) and then they compounded the problem by borrowing TOXIC Convertible (Death) Notes from not only “one”...but multiple TOXIC CONVERTIBLE “family funds”! That was the death nail! Those of us who have been around the markets long enough have seen this play out time and time again in penny land...the end results are ALWAYS the same!

(Re)PLSB(ve)!
- SMH

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