Allstocks.com's Bulletin Board: PALL is awakening . . . . . . .

This is topic PALL is awakening . . . . . . . in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.

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Posted by mamboking on :

After a long nap....
Up 100% and very high volume.

Posted by qwame on :

I hope you are right!

Posted by mamboking on :

Yesterday they file Form 4.
Isn't that a good thing??????????

Posted by Love the Market on :

I see there are only a few MMs on bid - all at .0001

Can you buy at .0001 and Sell at .0002 - or are you stuck with it once you buy it?

Posted by qwame on :

I read the 10Q would be out by next week.
any thoughts?

Posted by Upside on :

This is another one to be leery of. In my opinion they are going to have a reverse split within a couple of months. They have almost all of their authorized shares issued and they are holding a shareholders meeting later this month to grant the board power to effect a split (forward or reverse) without shareholder approval. When you see that, you know it's coming. It's in their 14A filing from 11/2/04.

Posted by qwame on :

can you post a link to this filing?

Posted by qwame on :

Could you please post link to the 14A filing?

Posted by Upside on :

Sorry it took so long. I was away from the computer for awhile. Here it is:
[URL=http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001011601&owner=include]http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001011601&owner=include[/ URL]

It's a link to all of their filings. The 14A is the top one.

[This message has been edited by Upside (edited November 05, 2004).]

Posted by Upside on :

Let's try this one more time:
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001011601&owner=include

Posted by qwame on :

thanks, but it appears to be for a different company other than PALL, it shows to be for
IVP TECHNOLOGY CORP

Posted by Upside on :

Now how in the hell did I do that? I apologize guys, I royally screwed that one up. Hope no one sold because of my mistake. Upside is now slapping himself "Upside" his head.

Posted by Upside on :

Here's a link to PALL's filing if anyones interested:
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001082822&owner=include

Sorry again for the earlier screw-up.

Posted by qwame on :

It ought to be an interesting week for PALL

Posted by vforce on :

premarket trading is showin PALL up by 0.0007. Anyone else seeing this?

Posted by stockguy123 on :

Another RS

13:30 11/09/2004 PALL Palomar Enterprises, Inc. Common Stock PLMI Palomar Enterprises, Inc. New Common Stock 1-1000 R/S **

Posted by vforce on :

quote:
Originally posted by stockguy123:
Another RS
13:30 11/09/2004 PALL Palomar Enterprises, Inc. Common Stock PLMI Palomar Enterprises, Inc. New Common Stock 1-1000 R/S **

Where did you get info? can't find anything on R/S.....

Posted by Upside on :

Looks like it's happening tomorrow. Here's a link to the otcbb site:
http://www.otcbb.com/asp/dailylist_detail.asp?mkt_ctg=OTCBB&d=11/08/2004

Posted by vforce on :

quote:
Originally posted by Upside:
Looks like it's happening tomorrow. Here's a link to the otcbb site:
http://www.otcbb.com/asp/dailylist_detail.asp?mkt_ctg=OTCBB&d=11/08/2004

thanks, appreciate the link!

Posted by vettemadman on :

So whats the bottom line? Will this be worthless tomorrow? How does this work anyway? They have a 1 to 1000 R/S which means their pps goes up initially but also allows them to issue more shares? I am confused.

Posted by Upside on :

vettemadman,
If it happens tomorrow, take todays closing price and multiply it by 1000. That's where it will open. Take however many shares you own now and divide by 1000. Thats how many shares you'll own. Typically the stock will tank immediately so if you want to get out, be prepared to do it at the open. On very, very rare occasions a reverse will help a company and the price will rise but that is few and far between. If this follows the normal pattern, it will drop back down to todays levels over the course of the next few weeks, you will own 1/1000 of what you have now and basically be worthless. It really is a kick where it hurts the most but it happens all the time.