Replies to post #29190 on Capstone Green Energy Corp (fka CGRNQ)

[leslunier]

Just saw this chapter 11 filing. Agree the BOD and the company should be investigated by the SEC. Total scam all these years only to come to this.

[noshorthere]

Those share weren't created out of thin air. PBIO can't pay it's bill with cash so, they pay all the money they owe every month with 6 moth restricted shares. Because the price keeps dropping, the holders of the restricted shares are dumping the shares as they become unrestricted---and are losing money. Pretty soon the people PBIO owes money to will stop accepting worthless shares and force bankruptcy.