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No, I think PAIM just changed their name to ZNEXT to pull in the next group of suckers unfamiliar with their history. there was no buyout, I don't think.
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Here is the info from pinksheets: ZNextMining Corporation, Inc. is an international mining company engaged in the exploration and commercialization of new and underdeveloped mine sites, primarily gold and other precious and strategic metals. The company currently owns 12 mining claims in British Columbia, Canada. Additionally, under a Philippines Mineral Production Sharing Agreement (MPS) with the government of the Republic of the Philippines, ZNext Mining that owns up to a maximum of 40% of the Pearl Asian Mining Industries, Inc, a Philippines Domestic Private Corporation, through aggregation of manpower and production among small-scale miners and indigenous peoples, intends to capitalize on economies of scale in gold and silver extraction, processing and commodities selling and trading. ZNextMining Corporation, Inc. is committed to the implementation of sustainable green technologies to achieve fiscal strength based on the principle of Profit-People-Planet. Management continues to focus on achieving profit, while conducting business with utmost consideration and compassion for people and protection of our planet and the environment.
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ZNXT owns a 40% intrest of PAIM so they are two seprate companies. ZNXT has had two dividends in the past one for $50,000,000 on March 15th 2006 and one for $.0005 on June 27th 2007.
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