They were having financial problems back then due to PBB failing to make payments. The owners had to pump more cash into PBB. Now PBB is part of a huge merger. Will Socal stock come back into play? I think so. They could not use Socal as part of the initial merger deal because of federal reserve restrictions due to an agreement. Now it is just a matter of them getting it free by paying off the debt. Keep in mind that it is all owned by the same capitsal partners. When it happens, this stock will skyrocket in seconds. The 1.00 pps ask last week will look cheap when they bring this stock back into play. Make no misrake, it is not a shell game or your typical pink sheets deal. These boys report to the federal reserve and they must play be the book.
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