Replies to post #20355 on Pulse Beverage Corp. (fka PLSB)

[GTF]

To tell you the truth I can't decifer all of the minute' of those loans.

If the product sells it will rise. If it doesn't, it won't.

All of this financing blather is secondary for the most part. The lenders are on the hook just as the stockholders and the management.

[gumbie05]

Have you ever dealt with TCA? Ask others who have. They don't WAIT in line! No matter what, every single convertible issued by the company goes towards operations and debt service. Paying Interest and fees for the first year only, just exasperates the problem for PLSB! Chinadude is completely correct....PLSB is probably up about 500 Million shares issued and outstanding yet they've probably only serviced less than 10% of their onerous debt to TCA. You can bet that the total issued and outstanding will eventually creep into the "BILLIONS" to make any headway on that front...assuming they DON'T issue any more Floor less convertibles!!
- JMHO