Home > Boards > US OTC > Internet - Online Services > Protagenic Therapeutics Inc. (PTIX)

The tax debt is in place to raise

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
eddy2 Member Profile
 
Followed By 64
Posts 11,365
Boards Moderated 0
Alias Born 01/05/09
160x600 placeholder
Current Report Filing (8-k) Edgar (US Regulatory) - 12/23/2019 4:33:14 PM
Amended Small Company Offering and Sale of Securities Without Registration (d/a) Edgar (US Regulatory) - 12/23/2019 3:23:48 PM
Amended Small Company Offering and Sale of Securities Without Registration (d/a) Edgar (US Regulatory) - 12/5/2019 6:02:42 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 12/4/2019 10:49:06 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 11/21/2019 4:23:47 PM
Quarterly Report (10-q) Edgar (US Regulatory) - 11/14/2019 2:49:44 PM
Small Company Offering and Sale of Securities Without Registration (d) Edgar (US Regulatory) - 10/29/2019 3:05:42 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 9/24/2019 6:06:25 AM
Additional Proxy Soliciting Materials (definitive) (defa14a) Edgar (US Regulatory) - 8/26/2019 6:10:36 AM
Quarterly Report (10-q) Edgar (US Regulatory) - 8/14/2019 4:46:34 PM
Proxy Statement (definitive) (def 14a) Edgar (US Regulatory) - 8/12/2019 4:27:49 PM
Securities Registration: Employee Benefit Plan (s-8) Edgar (US Regulatory) - 7/3/2019 12:56:40 PM
Amended Annual Report (10-k/a) Edgar (US Regulatory) - 7/3/2019 12:39:15 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 6/14/2019 4:10:51 PM
Amended Quarterly Report (10-q/a) Edgar (US Regulatory) - 5/16/2019 3:26:03 PM
Quarterly Report (10-q) Edgar (US Regulatory) - 5/15/2019 5:30:19 PM
Annual Report (10-k) Edgar (US Regulatory) - 3/29/2019 5:22:54 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 3/25/2019 6:12:18 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 2/19/2019 6:17:15 AM
Amended Statement of Ownership (sc 13g/a) Edgar (US Regulatory) - 2/5/2019 1:13:06 PM
eddy2   Wednesday, 06/27/18 02:25:41 PM
Re: point_east post# 116939
Post # of 116961 
The tax debt is in place to raise the capital you mentioned. They will sell the debt that was accumulated through the sale of equity above its par value. This has set in motion a government credit due too the original bank debt being sold to equity holders with after there previous taxed money used for the purchase.

More debt could be used. I guess time will tell if there is sufficient collateral raised to support the debt. There is a share holders deficit ie: money raised and tax debt sold and lent back to the company. This company needs a legit revenue source as leveraged tax debt is raised and sold further diluting the existing shareholders of there position.

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist