InvestorsHub Logo

trader59

07/23/22 9:36 PM

#7640 RE: QTRADERQ #7636

Straying from the subject. I asked why this company wanted to "go public" and raise money with an alleged accounts receivable of over $400M, especially "going public" by handing over equity to people who never gave them a plug nickel. The current owners of PRM (mostly the CEO) own all of it, the owners of this stinky pink own none of it. Why on earth would anybody do that? If that $400M was true, verifiable, and collectable, it would be a cakewalk to get a loan against it.