It's no use China! All anyone has to do, if they know anything about the history of the TOXIC funds that PLSB "borrowed" money from, is read the filings! They're ignoring all that and truly believe (or are misrepresenting) that somehow a few new investors, now and then, buying $5K here and there of stock, is going to overcome the dilution that is already happening and coming down the pipeline. The worst thing PLSB (Yates) did was take TOXIC money to repay TCA and still continue to bleed red every month! Those two combinations can not be overlooked despite the nature of the products and the distribution! If he had gone after private money with less onerous terms, to pay off TCA, then we'd be looking at a different situation. The two dollar wh*r#s Yates borrowed money from could care less about PLSB, its product potential, its existing shareholders, or anything about the fundamentals of the business. They will drive this thing to par ($0.0001) so long as there's liquidity and they can make their 50-100% return every 6-9 months! These are the worst kind of "funds" along with TCA! Screw them all and it's unfortunate that PLSB took their "funding".
- SMH
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