PLSB Folks, I’m going to post a somewhat neutral comment here today as many of you know I’ve been extremely bearish with this stock since I’ve been following it as well as some discoveries I made about management’s unwillingness to genuinely engage outside parties that could have done something special with this brand;
D-Day is here for many TOXIC “lenders” and I hope many of loose a ton of money since they’ve been unscrupulous in the return demands of OTC companies especially those actually have (had) a business like PLSB! Don’t get me wrong, many (99%) OTC Pinks are badly mismanaged by a bunch of idiots who shouldn’t be allowed anywhere near a public company much less running them! Please read link below as today might be significant in that it will hurt a lot of these TOXIC funds and deservedly so. On the flip side- the “funds” will no longer be available for stinky pinkies including companies like PLSB! That means that unless PLSB brings in new management (New CEO), new investors (real ones- not TOXIC BS, and restructures the balance sheet (ie converts ALL debt into equity), as well as restructures the share structure to at least a 1,000 to 1 REVERSE STOCK SPLIT (no “new” real investor will touch this under its current debt and share structure).....PLSB WILL be bankrupted in short order! This is now back to Business 101 and basic financial economics! Good luck to those still holding! I’m grateful that I do not own a single share of this company from full disclosure!
Good luck PLSB!
- JMHO
