PBLS is sort of in the same boat as SLJB. They both have lots of assets, sales, earnings power, and future growth potential, but no audited financials. Both are in the process of getting caught up with their reporting and will hopefully soon get off of the pink sheets. When people see the hard facts and figures, they will both take off to multiples of where they are now, IMO. Another similarity is that they have both recently acquired companies which should add to the pile of paperwork for the auditing firms. Although, I was pleasantly surprised to see SLJB's PR that even with their new purchase, they should have their paperwork filed within a couple weeks. Evidently, the new purchases were after their required reporting period.
The reason I mentioned all of this is that I am wondering if PBLS's recent purchase of Best Jets will actually slow down the audit and listing process? I assume that the only reason for the stock to not take off after a PR like that is because people look at it as a delay in the filing; the "real" SP mover. Hopefully, it will be the same as SLJB, and they can worry about that can of worms later. Any thoughts would be appreciated.
HomerRomer
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