More importantly, why has the company not informed the stockholders. If it did not have some degree of truth, the complaint would not be filed due to the cost of litigation alone. Anyone that has been "stiffed" is not going to pursue it unless they see a probability of winning and more than just 51/49. If PBLS had a defense, they would have jumped on it quickly and let all the stockholders know what is incorrect about the complaint. As usual, they are silent, and that indicates a possible "tacit admission". I will look forward to the company's response. Let's hope they don't default. jmho