Protective Capital Structures Corp. (fka PCSO)

[Maldical]

It doesn't have to be a scam for them to be incompetent. With their history of not getting loans closed a delay in an announced closing is one of the worst things they could have done.

The bright side here is they actually announced the delay on the day they were supposed to close. So they are trying to be transparent. They could have kept quiet until the loan officially closed. In the end we are stuck with a PPS between 1 and 2. Not much we can do at these levels but wait.