Hmm, dd, da lair, hmm, Typical,  new york sandy girls!?
Leave PNCH alone! She most likely will go back up in future, most shares in ceo hands, conversion of loan to company by himself, plus other loans, it part of debt. the company has as most public company do have some form of debt. like siri, which is borrowing more money to buy back some shares as planned!
 only sold a few shares at about the time of acquiring the tv station that is now rescinded, new one now started almost free, The station was suppose be on in like a dozen station using towers by alki david, but got put on hold by court ruling and only in a few areas for alki! Wait and see, for now the targeted demographic is across the seas.
Roll on PNCH! P.S. hoping steve will give a state of company address!