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Thursday, April 29, 2021 1:00:14 PM
Aside from the likelihood this CEO has done more damage than just exaggeration and created tremendous rebellion from PCTs shareholders, I suspect his only source of capital (besides death spirals) is now RBC.
RBC has all the leverage because the CEO is so incompetent he never planned or even thought about how to repay those loans. So whenever RBC decides to put the screws to the CEO, theyre holding all the cards
Even the current CEO knows when times up... and at his age, I doubt he wants to take on such a battle, which he'd surely lose
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