Protective Capital Structures Corp. (fka PCSO)

[bowlegtroy]

Good DD! The date of the newsletter to shareholders is Spetember 2005. The first line says they have offered the BCLOC for the past 2 years. I see major red flags with this.

1. They've been offering this type of LOAN since 2003, and still haven't closed on one.

2. They issued this newsletter in 2005, and have shown no significant revenue in the past 2+ years, nor anything that says they've closed on any of the other loan types they began offering at the time of the newsletter.

Almost 5 years of offering a loan product that no one seems to actually want to follow through on. I'd think banks would line up if their risk was minimized like they explain it.

Don't get me wrong - I still own shares like most here, but this is a pretty big reality check with insight to the company's leadership, direction, financials, etc.