Platinum Studios (PDOS)

[lmfao1234]

See this is why I think they will get bought out sooner than people think. Their short term debt is massive and indeed the recent volume spikes and dilution that occured at all kinds of pps has likely helped pay off some of their defaulted creditors. They owe 9 mil and change by the end of next month according to their recent Q. I highly doubt they will dilute down here simply because it is far too expensive when it comes to those warrants because if you re read the Q there is a clause in those warrants that if the company dilutes or issues shares for in excess of 200k, the huge amount of warrants exercise prices becomes the lowest price the company issued shares for which according to the Q was .0121 in the second Q. They were diluting already through the dutchess opportunity fund which is worth 5 mil dollars max way back in the 2nd q. I will bet the remaining shares were issued on this recent huge volume spike and they collected what they could already. The problem I see for them to try and satisfy those debt loads is they will have to try and satisfy them without the use of anymore dilution down here. Lets face it, they have substantial debt there is no doubt about it but they also have a huge library of characters worth far more than their debt is valued at. Does anybody here really think that this wont be swooped up by a major player sometime soon? PDOS holds the rights to the sequel to C&A 2 on top of that and these merchandise rights only add more value to the company. I said it once and ill say it again a buyout will happen here. Bankruptcy isnt an option for them, not when they have a library possibly worth more than 100 mil. jmo.