Bleak future for Pebble Beach
Shareholders in beleaguered broadcast technology firm Pebble Beach (PEB:AIM), formerly known as Vislink, are almost certainly facing a painful sale process that could leave their stock virtually worthless.The divestment of its Vislink Communications Systems (VCS) business to NASDAQ-listed XG Technology has failed to shore up the threadbare balance sheet and the company anticipates breaching...