RE:mitchofrench the problem is not research is theActually you can operate a company on credit as long as you can stay solvent.It matters not how you do it..as long as the company survives.Many companys run this way...especially American ones.PLI has been operating this way for many years.If you owned shares long enough Rose...you would know that.
The jacka$$es on this BB babble on and on about their opinions...as if they know anything.
We all don't.What I do know is PLI's survival is paramount,as it is with all company's.And they will do what they have to do to survive.We as common shareholders have zero to say.Some moron from this BB wants to go to the AGM to question management..lol..who the he'll does he think he is??..makes me either want to laugh..or puke reading such garbage.
As for us thinking our vote on any issue will matter??another bit of garbage.
Some longs go on and on about PLI being heavily owned by insiders...yet think our vote will matter?how utterly naive.
This company with this share price is ripe for a reverse split with financing that will kill our share price.
I've owned many company's over the years that have done exactly that..for better or worse..and unlike the many 'one stock wonders' on this BB.And I can certainly see it happening with PLI.
In the end,by doing that,the company survives .And all the rambling on about PLI's wonderfull science ,and it's ability to help people ,should keep all those trumpeting fools happy.
Their investment in PLI will be wiped out...but PLI will help people.
Posters here can't have it both ways.
This is about business...not science anymore.Thats why we rot at 70ish cents.