Replies to post #5866 on Protective Capital Structures Corp. (fka PCSO)

[weatherbill]

you must have bought in a while ago. I just got into this last month, so I'm patient.....things will come about.....just give it a few months.....it can;t get much lower and they said they have no plans of a r/s so just chill dude and wait it out.... the market cap at .0002 is only 460k......

[andre1234]

I agree. The deadline for new apps to be considered by year end was today. I look forward to the company releasing some info in regards to apps they received. They put out financials today. Wasn't pretty but they did what they said they would. The PPS doesn't concern me much short term because I'm in low. I'll start to be concerned about that, if we are still trading at this level, in about 30 days and no solid news on loan closings.

[nhguy]

Sure, everything that you say is "accurate". However, this is a START UP company. Lot's of things happen and lot's of problems need to be resolved. Add to that that this is a "new" financial product in an industry that resists change and what do you get.

Now in addition, add a turmultous financial environment at this time, and delay is the least of the expected happenings.

Obviously everyone wants to know everything and the minute it's going to happen. Trouble is the weather man can't even tell you if it will rain in an hour or not.

Many things are difficult by their nature. I believe this is one. If you are looking to buy penny and sub penny stocks and expect reporting like GE, well........

Sure, it would be nice, but not really expected. What I personally hope is that they succeed. If it takes a while longer, if they can't quite make their deadlines, if things happen to drag things out, I'm ok. Not happy, but Ok.

In this case, the ends justifies the means IF it is successful.