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Penny Blue Association Makes Final WSE-Related Write Offs
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Written by Nicolo Luminos
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Tuesday, 30 December 2008 |
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For SLReports.net Also Sees Rebound with RDX(ISE) Relisting...
Penny Blue Association (PBA : VSTEX) CEO Munito Jacobus announced that PBA(VSTEX) has seen its last losses from the collapse of the World Stock Exchange.
In the official press release Jacobus stated, "Since the WSE saga is finished we will have some balance sheet cleansing at the end of December resulting with L$ 16,000 being written off from our assets as we had WTF shares booked for that amount. Luckily, Redux decided to relist to another exchange so we will not lose all of our assets that were tied up on WSE."
Jacobus added, "I will be taking a vacation from 29th of December until 4th of January. When I return, PBA's financials will posted and dividend will be paid. Also, we will hold shareholder's and general meeting in January for which I will announce dates after the vacation." TOP NEWS:
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