PET 0.00% 2.5¢ phoslock environmental technologies limited

On a positive note (positive posters only pls), page-242

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    The chances of company folding is almost zip as

    - there are no bank loans
    - very minimal accounts payable
    - factory can be run with minimal overheads

    The chances of company folding were about 5 to 6 years back when they almost ran out of money and had to take a convertible loan.

    The chairman is a very canny billionaire who wants to nip this issue in bud and will ensure that this type of thing does not happen in future.
 
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