BB's Stock Haven

[knulp]

PRTO 0.42 SOLD BECAUSE NO VALUE FOR COMMONS, ALL CASH BELONGS TO PREFERRED SHAREHOLDERS, READING BALANCE SHEETS SEEMS THAT BOOK VALUE NEGATIVE BECAUSE CASH ORIGINATED FROM PREFERRED, SO EITHER A MASSIVE DILUTION OR A PREFERRED LIQUIDATION TO THOSE STAKEHOLDERS,IT SEEMS TOTAL SHAREHOLDERS EQUITY NEGATIVE, PREFERRED ARE OWED 21.66 MLN $ (21660 ISSUED PREFERRED SHARES EACH WORTH 1000$) I SOLD IT BECAUSE ONLY CHANCE TO GET SOMETHING IS MERGER, IN CASE OF LIQUIDATION NO VALUE HERE FOR COMMONS


https://finance.yahoo.com/quote/PRTO/balance-sheet?p=PRTO


https://www.otcmarkets.com/filing/html?id=13412376&guid=abjyU6iylE9jxth