posted
So I still have 10million of these badboys in an old scottrade account... anyone know what may be their use someday..? thanks rob
Posts: 33 | From: Dallas | Registered: Mar 2006
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I dont know, I received a stock certificate for 5 billion shares some time back. at one time they were tradable for common but I havent contacted the TA to see how to convert. I showed the certificate to my sons and they thought I was rich but then I had to break the news that they were worth about 50 bucks. LOL. TMAN...
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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Pearl Asian Mining Industries Sets March 31, 2007 as Payment Date for Issuance of Stock Dividends of Philippines Royal Oil & Alternative Energy Co., Inc. (Stock Symbol: PROL) to PAIM Shareholders
NASDAQ Need Not Set an X-Dividend for PAIM’s Stock Dividend, as the Dividend Shares of PROL to PAIM Shareholders are Restricted Under SEC Rule 144; First Pure Gold Refined by PAIM’s own Refinery/Metallurgy, Pearl Asian Mining Reports
Pearl Asian Mining Industries, Inc. with stock symbols: U.S.A. (OTC: PAIM)(OTC: PAIMP); Germany (GER: R1Z) and (FWB: R1Z), announces that it has set March 31, 2007 as Payment Date for the issuance of stock dividends of Philippines Royal Oil & Alternative Energy Co., Inc. (OTC: PROL), previously Philippines Gold Mining Corp. (OTC: PGMC). PAIM’s CEO Jason Piamonte, states: “We have set March 31, 2007 as the payment date for issuance of stock dividends of 1 Post Split Common share of PROL for each 100 PAIM Common shares held as of record date of February 26, 2007. NASDAQ need not set an X-Dividend, as the stock dividends are restricted for one year under SEC rule 144. Furthermore, no action is required of PAIM shareholders eligible for the stock dividend. We shall mail the post-forward split PROL stock certificates to their listed addresses. We would like to thank all PAIM shareholders for patiently bearing with us through the unforeseen delays we encountered during the processing and transition of this corporate action.”
For further information on Philippines Royal Oil & Alternative Energy Co., Inc., please check out the company website: www.philippinesroyaloil.com.
Chief Metallurgist, Elvis Hidalgo proudly shows the first refined gold containing 472.8 grams of pure gold, that had been refined by PAIM’s own refinery/metallurgy: ORO Pearl GeoServices, Inc. “After (8) eight months of patience, perseverance and great team work, we, the gold team, are excited to show our first refined pure gold and the revenues to be reflected in our 2007 First Quarter Balance Sheet Report ending March 31,” exclaimed Eng. Hidalgo.
FORWARD-LOOKING STATEMENTS:
Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this release include statements regarding the Company's projections regarding gold production in future periods. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: risks relating to estimates of reserves, mineral deposits and production costs; mining and development risks; the risk of commodity price fluctuations; political and regulatory risks; risks of obtaining required operating permits and other risks and uncertainties. Penny Stocks are very highly speculative and may be unsuitable for all but very aggressive investors. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Pearl Asian Mining Industries, Inc. Gary Gotanco, 866-732-7888 or 011-63-2-567-5163 FAX: 877-317-4430 E-mail: IR*PearlAsianMining.com www.PearlAsianMining.com
Source: Business Wire (March 21, 2007 - 9:38 AM EDT)
News by QuoteMedia
-------------------- "No nation was ever ruined by trade." Benjamin Franklin Posts: 533 | From: Dooville, Indiana | Registered: Jul 2006
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man im glad i sold my shares of PAIM long ago.. but i just checked my account and $500,000 in my account? i called my broker and they are having trouble figuring it out too
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Why would you have a problem finding money in your account . Why bring it up to them so they can take it away . Keep it . It's a gift from the penny stock gods . Posts: 388 | From: redlands | Registered: Jul 2006
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posted
Paim* once showed for about 2 hours at tdameriteade that my account was worth $1,800,000 I put in an order to sell $50,000 worth but it wouldnt sell
Posts: 1101 | From: Georgia | Registered: Apr 2006
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posted
Per posters on I H U B, etrade and a few others are allowing their cusotmers to trade their PAIM preferred shares under symbol PAIMP. PAIMP has been trading for a week. I have Scottrade and I still have un-tradable *PAIMPR shares in my account. I called them today and they are looking into this for me. I'll let all of you other Scottrade customers know what happens - my advice is to get it cleared up soon so you can be ABLE to trade them, as a HUGE short squeeze is possible in the near future.
Posts: 2554 | Registered: Nov 2005
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thanks trader I have 3billion and would to do a little something with them.I also have scottrade and am waiting with baited breath for your anwser.
Posts: 534 | From: florida | Registered: Feb 2006
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One of my trading buddies just sent me and IM that PAIM rumored to have cancelled a cert for one billion shares on the promoters,they are getting a margin call on it. We'll see..watching with baited breath too. Could be interesting if true.
Posts: 173 | From: Mississippi | Registered: Jul 2006
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Alright, Scottrade called me back and told me that I have to do the following:
1. Request your PAIMPR certificate from Scottrade. Cost: $50.00, 4-6 weeks for delivery. 2. When you receive your PAIMPR stock certificate, call the PAIM transfer agent: 1st Public 1-310-770-6689 to discuss converting your PAIMPR to common and/or PAIMP shares (I have not done this) 3. Mail your PAIMPR certificate to the T/A. 4. T/A will send you new certificate (PAIM and/or PAIMP - what ever you choose) Time frame unkown. 5. Take new certificate(s) from T/A to Scottrade and deposit them in your account. 6. Shares will show up in your account 1-2 days? and you can trade them.
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