Over/Under when PCLS will close?

Discussion in 'Physicians Choice Laboratory Services' started by anonymous, Oct 1, 2015 at 8:54 PM.

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  1. anonymous

    anonymous Guest

    Heard today that PCLS will be closing very soon. My guess by the end of Q1
     

  2. anonymous

    anonymous Guest

    Wrong!!!

    Another investor group is in the mix - pcls execs are securing a 3 yr deal.
     
  3. anonymous

    anonymous Guest

    I heard the same thing
    A bunch of Ex-Enron leaders are talking with PM and MR
    Exciting times everyone!!!
     
  4. anonymous

    anonymous Guest

    ...And the morons that could never be supervisors, managers, or directors at any other company in the world breathe a sigh of relief.

    Tip to upper mgmt: none of this will matter when there are no employees left.
     
  5. anonymous

    anonymous Guest

    Crooks getting into bed with crooks. What could be better! I'm off to fill our cars up now then back to TV time.
     
  6. anonymous

    anonymous Guest

    What investor group would be dumb enough to invest in a company in financial ruins? Good luck with that!
     
  7. anonymous

    anonymous Guest

    I know an Exec working within PCLS and word is they will be closing soon. They got a multi million line of credit through BB and T not long ago and they have already burned through it. They are already looking at chapter 11. Might want to start looking for some other opps guys!
     
  8. anonymous

    anonymous Guest

    Howard - you said the same thing last year!

    Investor group finalizing offer - 3 years to turn a profit or buyout. . . .
     
  9. anonymous

    anonymous Guest

    Too big of a corperate footprint, too many people not working or sending to 1099 companies, not insurance contracts, to may multiples on the current debt (6 but looks like 10 because of drop in reimbursement). Operations and sales on different pages, but mostly all of your reps sell for other companies.
     
  10. anonymous

    anonymous Guest

    has anyone heard anything else recently? Even if they get this money, their entire biz model is broken because of the changes to reimbursement, you gotta wonder what is going through the heads of the enron criminals...
     
  11. anonymous

    anonymous Guest

    still a black hole. With JW making decisions, Alan still being allowed to breath air, and Mark being Mark the place is going nowhere. All of the reps are 1099's for other to labs. If pcls doesn't pay them another lab does.
     
  12. anonymous

    anonymous Guest

    Can someone explain to me how this place is still open and operating?
     
  13. anonymous

    anonymous Guest

    Yes, they fired you.
     
  14. anonymous

    anonymous Guest

    missing commission payments is a very good indicator that things are really looking up. The other company i send specimens to pays on time, so they will now be getting more of my specimens. Thanks for the wake up call AM.
     
  15. anonymous

    anonymous Guest

    So where did everyone wind up? Did everyone stay in toxicology or move up the food chain somewhere else?
     
  16. anonymous

    anonymous Guest

    I became the CFO of an esoteric billing company
     
  17. anonymous

    anonymous Guest

    Any info on this years christmas party? Ket questions:
    1. Any chance we get the 2 inches vs. 4 inches math lesson again?
    2. Is it pot luck or are we using one of the local caterers we stiffed?
    3. Will there be a dance off or are we just going to make small talk with people we don't like
    4. is it just for local people or can sales managers from all over the country blow cash to fly in so we look very important and well liked? We have plenty of cash for that right?
    5. I like the black and white theme, but lets make it more like our hiring policy and just make it a white party.
    6. Is this a plus one, or should my mom not invite me?
     
  18. anonymous

    anonymous Guest

    wow been out of lab sales for a couple of years now, PCLS was a major player when I was in it. What truly happened here? so surprising...