InvestorsHub Logo

gumbie05

09/16/17 3:48 PM

#28538 RE: geezeragain #28535

Real investors don't "imagine" make believe stories about OTC companies but instead look for the following below before buying a single share of a company like PLSB...

1. New Board
2. New CEO with proven track record
3. New Private high net worth investors (not the borderline criminal "family funds" mentioned before)
4. An injection of equity to the tune of $3M
5. Termination of ALL Convertible Notes
6. A Reverse Stock Split of at least 100:1
7. Straight equity with S1 Registration and maybe some warrants
8. Clean up balance sheet with all accrued expenses converted into equity BEFORE reverse split.
9. Focus on their flagship brands and products only and sell them to BOTH distributors as well as national chains
10. Get rid of ALL their "IR" commitments and let the company focus on its business and do their own internal company branding and awareness through public relations and social media outreach!

- SMH