Protagenic Therapeutics Inc. (PTIX)

[DiamondFire]

...well if you have been reading some of the DD, you will see that they are in the process of selling some land/assets that should generate them over a million: so there imo is payment one. BUT payment one could be paid by other monies that we dont yet know about - or by a very healthy Q4 2011, which coupled with a huge Q3 for their Transactional Services of 9.8 million: the money for maybe a couple payments could be there.

The bottom line is that this debt to Brilliant is less then $10 million. It would seem that by the sale of some assests like they said they were going to do, coupled with a growing Transactional Services business, that they could pay it off without raising AS and then diluting further....also kkep in mind that growing business in growing markets with a CEO and Board like ours - makes it easier I am sure to get financing if needed.


...but we shall see, and until we get any concrete info from company: were in the dark - with good guesses though...