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Thursday, August 22, 2019 8:33:33 AM
That structure IMO, is what led to the massive share price reduction in June. There had to be other ways to obtain financing, but Jody chose the one that tanked the price and gave a massive windfall to the note holders.
I don't trust the management team here. Just an opinion.
But I do think there is money to be made. I also think that some sort of deal has to be made eventually. PCTL has very little cash and needs financing to keep the lights on.
Willing to take a small bet that the price will gap up when/if a deal is finally announced.
Recent PCTL News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/05/2023 02:05:09 PM
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- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 07/13/2023 04:32:57 PM
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