InvestorsHub Logo
Followers 0
Posts 12848
Boards Moderated 0
Alias Born 08/03/2006

Re: None

Saturday, 02/13/2010 1:00:42 PM

Saturday, February 13, 2010 1:00:42 PM

Post# of 87366
Taken from press release.

Lets give it some time.

I can't see how they can reverse the 100,000 to 1 RS because many have sold their shares and small share holders lost their shares completely. They could possibly do a forward split in the future. I am more concerned with the preferred shares right now. Since the PRTCL shares had no market they could not be sold. That could change in the future and they also represent fairly the previous amount of shares held.

(PINKSHEETS: PCSO) announced it has named Randall G. Burton Chairman and President effective immediately. Burton has been tasked to focus on specific issues that are facing the company as he endeavors to rehabilitate its corporate image and provide clarity around the current portfolio of loans, the Series A and B Preferred Shares and the 21 outstanding Funding Commitments with non-affiliates that were issued in 2004 - 2005.

This is only my opinion!

Join InvestorsHub

Join the InvestorsHub Community

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.