Replying to your first point about money in the bank & not understanding why the company can"t carry on ... the half yearly report shows the net liquid assets at 30 June was $6.5mil. Every month that goes by, that amount diminishes. Then there are the un- stated liabilities such as fines & penalties.
Also potential litigations. Like, is the guy that owns "Phosflow", who signed an exclusivity deal with PET just 12 months ago talking with his lawyers ? And what about the state of Wyoming & the Wyoming business council. Do they have questions about the company's financial submissions made to them and the legal validity of them ??
The lists go on. There's so much exposure here it's like a nudist beach.
PET Price at posting:
2.5¢ Sentiment: Sell Disclosure: Not Held
(20min delay)