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Post# of 200690
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Not_on_the_rug

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Not_on_the_rug

Re: None

Wednesday, 07/31/2019 5:58:43 PM

Wednesday, July 31, 2019 5:58:43 PM

Post# of 200690
If this deal didn't go through, PCTL is completely screwed. They have like $10K in cash on their balance sheet, and exactly zero remaining A/S to dilute once the current noteholders finish converting.

They'll have to quickly raise the A/S, and issue more notes just to keep the lights on. I can't see any way that management would have walked away from anything put in front of them by this new group.
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Volume:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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