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Monday, July 29, 2013 8:11:34 AM
We have a solid squeeky clean MGMT team and BOD. A balance sheet that is now almost debt free. And a business that is about to take off.
They are working on several deals and seem very confident that several of them will fall in place. They are also working on what they said were some "GAME CHANGER" type deals. Just as important they said that there is a "line forming outside their door now for their services".
I have no reason to doubt him since we all see that he has done it before to the degree that some thieves back in 2009 used his success to run some nefarious campaign where he actually had to call the SEC to stop it. This is a guy who means what he says but more importantly does what he says.
Looks like a multiple of dividends for shareholders of PPBL in the future. According to MGMT it will be the policy of our company to always hold a certain percentage of the equity that PPBL recieves in an advisory client's company for distribution to shareholders.
They are also looking at the possibility of spinning off the advisory services division at some point also into a separate public company which they kind of said a few months back but now is growing legs as far as becoming a reality.
As far as the OS. It is reflected accurately by the outside auditors every quarter reported by the auditor every quarter is 100% accurate since it id verified with the transfer agent.
AS far as the supposed TOXIC NOTES. They have all been retired.
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