TSXV:VOL.WT.A - Post by User
Comment by
Miranon Feb 20, 2016 5:25pm
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Post# 24578468
RE:Financials out
RE:Financials outRE38 wrote: https://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00000170&fileName=/csfsprod/data152/filings/02408581/00000001/C%3A%5CDATA%5Cpjtmdaq3oct28.pdf 1.24 cents EPS for the quarter, though revenue is down from previous quarters.
Read the MD&A and they show:
1. Strong working capital.
2. A claim that there is no need to dilute in the near future and all operations, expansion opportunities and investments will be financed from interally generated cash flow.
3. No warrants or options outstanding. The 50K they had outstanding was cancelled (pg 7)
Really what more do you want? The TSXV is filled with money losing companies who forever exist by diluting, reversing the shares and management paying themselves cheap options. PJT does none of those things. The only thing that is bad is that they have very little communication with shareholders but I guess they figure most of the shareholders are management or close to management and they have no need to go to the market to finance...so the rest of us can shut up or and go along for the ride, or sell and miss out on the future gains. The next step for this company is to pay a dividend. Look at the balance sheet they are hoarding cash to do it and the co-chairman owns over 4 million shares...he could use a nice pay day that is spread out to the rest of us.
if you check the PKK forum you will see who the real RE38 is.