Pressure Biosciences Inc (PBIO)

[noshorthere]

Read it again. It wasn't higher earnings---it was higher revenue. Earnings were actually lower.... 1) increased revenue by 65% to $2, 2) increased net LOSS 25% to $20M, 3) increased convertible debt about 70% to $12.5M, 4) increased total liabilities 31% to $25M, and 5) are in default on about 40 notes.

That last pronouncement (5) means that those convertible notes will be subject to discounts up to 25% if/when converted.

This was a horrible earnings report.