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DragonBear

11/17/20 11:34 AM

#136981 RE: efood125 #136979

Agree...let them strum up business...pmcb owns 14.5% of Austrianova...

What revenue has PMCB ever declared from the wonderful 14.5% ownership of AN? Answer: $0.00.

Let's ask the question of what that 14.5% ownership is worth another way:

In the 10K for the year 2017 PMCB listed that 14.5% ownership to be worth $1.57M. According to the last 10Q how much has that value of AN ownership increased since then? Answer:

Current worth $1.57M - 1.57M 2017 worth = $0.00.

In total... one has a claimed $1.57M worth that hasn't increased in value in 3 yrs. And has generated no ROI back to PMCB. As in AN hasn't been successful in the strum category. At least not enough to influence the value of 14.5% ownership.
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thenewmixer

11/17/20 12:35 PM

#136983 RE: efood125 #136979

14.5% to nothing = nothing