PeerTV (PTV) has lost $32 million since it joined AIM just under 5 years ago. It continues to burn cash and lose money. Its sales are trivial and it is drowning in debt. Its shares therefore have no value at all. Even as a cash shell it would have no value since it has no cash and vast borrowings. It is worthless. Full stop. Yet recent weeks have seen the pumpers in full flow in another sordid and shocking tale from the AIM casino.
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