Friday, March 03, 2006 3:21:36 AM
re: PXIT, et. al.---
todays filing:
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001214827%252D06....
take note, and how this may apply to the MANY other BDC's:
"...a member of the SEC’s staff indicated that the SEC was in the process of scrutinizing all small BDCs and that they considered that with its limited capitalization, our company was not an appropriate candidate to be a BDC..."
[remember the big run by so many companies to form BDC's over the past couple of years?]
also take specific note of current share structure:
"...on March 3, 2006, we had...93,238,196 shares were outstanding..."
...big bounce coming off of recent 10 bagger "consolidation"?? [wagered a "couple" of bucks]...seems to have leveled off @ .004/.005
[but never forget we are dealing with tilton]
todays filing:
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001214827%252D06....
take note, and how this may apply to the MANY other BDC's:
"...a member of the SEC’s staff indicated that the SEC was in the process of scrutinizing all small BDCs and that they considered that with its limited capitalization, our company was not an appropriate candidate to be a BDC..."
[remember the big run by so many companies to form BDC's over the past couple of years?]
also take specific note of current share structure:
"...on March 3, 2006, we had...93,238,196 shares were outstanding..."
...big bounce coming off of recent 10 bagger "consolidation"?? [wagered a "couple" of bucks]...seems to have leveled off @ .004/.005
[but never forget we are dealing with tilton]
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