psv will survive and prosper, page-7

This near term cash squeeze is the confluence of several things, some not in control of the management. Despite, the stupid!ty of whacking the share price before securing new equity, if PSV can get a placement or issue away at 15cps, which for new investors could earn a tidy return, the stock will climb out of this hole (and hopefully not fall into another) Sloan and Quin should be strung up for how this has been handled.