InvestorsHub Logo
Followers 31
Posts 4293
Boards Moderated 0
Alias Born 01/12/2008

Re: DSherman post# 59401

Saturday, 10/19/2013 8:45:27 AM

Saturday, October 19, 2013 8:45:27 AM

Post# of 183882
I would hope that most companies that go through Chapter 11 reorganization would have much higher revenues streams to support themselves after the event.

For instance:
VoX Adds 13 More Countries to the Samsung App Store and Increases Weekly Downloads by 25% in 30 Days

PVSP added CC product last Q.

Both the higher download rates and the CC did not help PVSP increase their revenues. The 10Q clearly shows just how well the company is doing. How can one justify that going through Chapter 11 will change anything for PVSP? They are not making enough revenues to begin with to pay the current bills, let alone worry about the new debt the are generating with FF just to stay afloat.