Powerbridge Technologies Is Profitable, But It Will Be A Controlled Entity

With a business model that has worked since 1997, a decent gross profit margin and stable net income, Powerbridge Technologies (PBTS) may be interesting for certain value investors. In addition, if the management is able to reshape the company to bring back the CFO reported in 2016, the company’s potential is large. Having said this, the facts that the company was incorporated in Cayman, it has a low float and is expected to be controlled by one shareholder do not make Powerbridge Technologies a buy. Non-institutional investors should not see the stock as an opportunity.

Source: Prospectus

Original source
https://seekingalpha.com/article/4232523-powerbridge-technologies-profitable-will-controlled-entity?source=feed_all_articles

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