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Will PIL Crash Land or Crash Through

  1. 5,623 Posts.
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    A little bit of varying opinion about whether PIL will ever achieve
    their goal of providing banking services for the "un banked "
    in the Philippines

    They have been on this case for over 3 years now , and clocked up constant operating losses .

    They are just surviving on some loans / convertible notes and are waiting for a placement at twice their current market price , that has been announced some 6 months ago .

    It would seem unlikely that thats going to happen .

    But it might

    Stand by for the June quarterly report !!!
 
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