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Wednesday, November 20, 2013 2:11:35 PM
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=113748
Once you've downloaded the filing, please refer to page 5. On page 5 you can see that on June 30th, 2013 PBHG reported 84,872,536 common shares outstanding.
But just 90 days later you can see from this new filing, PBHG is suddenly up to 184,037,540 common shares outstanding.
So over this 90 day period we can see that new issuance is up over 100% alone, diluting shareholders by over 50%....in just 90 days alone. That is some major erosion of equity in a very short period of time. If people only knew.
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