PBS Holding Inc (PBHG)

[Kool Aid Man]

"Emotions and worries about a CEO

...are a waste of time?" Does feeling a twinge of "anger" due to losing every cent you invested with him count?

IMO the only "emotions and worries" going on right now are likely those of the CEO and his board member family. The fact that they are personally and individually being sued along with Artfest, PBS Holdings and Starfest to the tune of $800k seems to be a bit worrisome to me. Add to that the $180k convertible note + interest (referenced below) would throw a little emotion on top of that. An infusion of $2,174 on Friday isn't likely to make much of a dent in that.

IMO, no PR.. no announcement of any new partnership... no news is likely to overcome those drags and lift this shipwreck off the bottom of the cold dark sea. Just my personal opinion mind you.

There is likely a degree of truth in your statement. In the motion to delay Vakser had (less now) 120 days to get trading going in the companies.

If he is able to get anything going at all in this heap, there are two parties who are going to benefit directly from this -- Rash is one and the holder of the toxic convertible debt note that is about to come due is the other. We probably won't see anything in the upcoming (cough) filing about that punch bowl floater, but as I recall it is this current quarter they are going to have to either roll that over or convert it.