Re: PDS may need financing?..pappytho...
in response to
by
posted on
Aug 17, 2010 10:07AM
Yes, at the least repurchased shares would not have lost their value as fast as the note receivable ...... LOL.
I assume, with respect to the unsecured loan, that PTSC requested and received TPL's financial statements as part of their credit check procedures prior to loaning the funds, as a most-basic due diligence process would dictate. Can that be confirmed?