OTCPK:PILBF - Post by User
Comment by
venturecap1on Jun 03, 2013 6:03pm
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Post# 21477726
RE: Sweet deal, but for who?
RE: Sweet deal, but for who? I understand they have been wanting to do a financing deal since about 90 cents. This clears up all their debt and will give them money in the bank for expansion of the port in Los Angelos. I think it is a good deal for the company as it gives them a clean balnce sheet along with working capital. Polaris should start turning a profit over the next several quarters.