Ren, I realized that about the banks after I posted. They probably could get a loan on less than they have provided to date.
The thing that i was thinking about is the statement that would help a bank know that PBLS can pay its debt has not been provided. To date I have not seen a Cash Flow statement.
Based on the numbers we have seen so far, the divy's, acquisitions and new equipment PBLS's cash flow (IMO) could be weak to nil.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.