2009-01-23-PSUN

PSUN is under 1$ today.
Look at its balance sheet. It has 40M new debt. compared with debt- free earlier last year.
It has little cash.
I went over last issue of ELLE and didn't find any commercial page from PSUN.
Really not look good.


The interesting thing is insiders  have been keeping buying stocks.

PSUN is selling its headquarter. I feel if that deal is done, it will bring enough cash for PSUN to survive.