Panglobal Brands, Inc. (PNGB)

[VistaViewer]

rjviking, I bought this because it is fully reporting...

... and making money, and has a reasonably low float.

Apparently it won't be fully reporting, going forward. So I guess we'll have to rely on PRs and such. But they're still making money and the share float is still pretty low. That means that the PPS can move up quite easily with moderate buying interest.

I hope the management will stay "shareholder friendly" but right now it looks like they are pretty upset with the mess associated with the reporting requirement and deadline for filing. They lost their OTCBB standing because they filed late three times in 24 months. I'm sure they knew what was at stake.

This is NOT the shareholder's fault. They shot themselves in the foot and now the shareholders have to pay the price by being cutoff from the flow of timely financial info. So I can only hope they continue to make public the info we need. There are several ways they can accomplish this, as many other pink sheet stocks are managing to keep their shareholders updated without the burden of audited SEC filings.

Tough to call this at the moment. I am deep in the red on this. So I'm looking for a bottom so I can average down in the hope of extricating myself later this year. It looks like the Consumer Product segment is recovering so that should help out a lot.

All just my opinion...

VV