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Pivot Technology Solutions Inc. T.PTG

"Pivot Technology Solutions Inc offers IT solutions to businesses, government, education, and healthcare organizations. It operates through the following segments: ACS, ARC, ProSys, Sigma, TeraMach, Shared services. The company derives the maximum revenue from the ProSys segment which sells storage, server, and IT infrastructure consulting solutions to enterprises. Geographically, it derives majority revenue from the United States and also has a presence in other countries."


TSX:PTG - Post by User

Comment by CH4RTQU4NTon Dec 21, 2013 11:15am
137 Views
Post# 22029941

RE:RE:Question

RE:RE:QuestionThanks for the breakdown Boolish, this makes a lot more sense. So the situation hasn't changed much besides the final number of S/O which will affect earnings projections somewhat, not a big deal in the long run. Might be a bit of a gamble but considering there isn't much more to lose I'd imagine some of the funds realize the longer term upside and might be willing to forgoe the notes deal for better returns by converting 1 for 1 now and not being restricted at .40.  Bottom line it's a win/win for preferred holders going forward regardless of the allocation.
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