Loaning company must see HUUUUGE future revenues for 3Q and 4Q to even consider giving PCTL this kind of funding. Must be large deals in the hopper...absolutely no way this funding is given to a company without a future!
When internal and external forces are working against a company, maybe to put it out of business or take it over as an example, the CEO does what he/she needs to do for the company to survive.
Grieco did what he had to do to survive. Won't hold that against him, any good business man would do the same.
Is he making the moves to right the ship... you bet! He is a Maverick just like Humphreys in my view.
mav·er·ick/'mav(?)rik/noun: an unorthodox or independent-minded person.
PCTL and Disruptive Oil & Gas Technologies are fixing to rock our world!
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