9/30/14-"We will need additional capital"
PLSB 9/30/14 SEC 10-Q report
Additional Capital
As a result of our operating losses, we will need additional capital. We have more than 20 million warrants outstanding to purchase up to 20 million common shares at an average exercise price of $0.62 per common share, which could, if exercised, raise us in excess of $12.5 million. We have no assurance, however, that we will ever see this additional money, as the warrant holders must first choose to exercise their warrants.