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Posted by Thomas Mick on :
 
Friday, February 24 2006 9:00 AM, EST

Clarification of Preliminary Gold, Silver & Other Precious Metals Assay Report From XYZ Gold Mine Site of Pearl Asian M


PASIG CITY, METRO MANILA, PHILIPPINES -- (MARKET WIRE) -- 02/24/06 -- Pearl Asian Mining Industries, Inc. (OTC: PAIM) released the first preliminary geo-survey report conducted by a Canadian Geological Company yesterday would like to further clarify the these results.

INSTALLATION OF A START-UP PRODUCTION PLANT CAPACITY of 200 Metric Tons per day at the XYZ Gold Mine Site where the occurrence of the HIGH-GRADE GOLD ORES had been identified and documented: GOLD SAMPLES were assayed at 1.35 grams per ton, 21.40 grams per ton and 90.00 grams per ton.

A. The estimated Average of 15.0 grams per ton of GOLD ORE can produce an

output of approximately 3,750 grams of Gold per Day; with a 30-Day

Month Production Output of 112.5 Kilograms or 3,617.20 Troy Ounces,

which is equivalent to US$ 1,808,510.00 * a buying price of $500.00

per Troy Ounce.

B. An Annual Gross Revenue from gold production of US$21,702,120.00

is estimated to be generated, aside from sales of silver and other

minerals. The 200 Tons per Day Processing Plant is planned to be

increased to 1,250 tons per day (Equivalent to 6.25 X 200 Tons per day

increased in a 6-8 month period.)

C. A 1,250 Tons per day Processing Plant is estimated to bring a Monthly

Gross Revenues of US$12,303,187.50 ($1,808,510 X 6.25); or an

estimated ANNUAL GROSS INCOME of US$14,638,250.00 from GOLD

PRODUCTION.

D. PAIM has a Macroscopic Plan for the whole Masbate Island because of

its Rich GOLD potential. By implementing our Community Mining

Assistance Program to the whole Masbate Island, and improved

production capability of the Community Small Scale Miners, we are

expecting to acquire Additional Income of a minimum of 12 kilograms

or approximately 387 Troy Ounces of GOLD which is estimated to be a

Gross Revenue of approximately US$193,500.00

E. The $193,500 Gross Revenue Per Day multiplied by 30 Days, is

estimated to be US$5,805,000.00 and calculating for the whole

year (times 12 months) is estimated to be US$69,660,000.00 of

ANNUAL GROSS REVENUE from the COMMUNITY SMALL SCALE MINING ASSISTANCE

PROGRAM.

F. XYZ GOLDPROJECT is estimated to generate a TOTAL GROSS REVENUE for the

GOLD PRODUCTION, an equivalent of USD$217,298,250.00 which

excludes the REVENUES from SILVER and other Precious Metals.

FORWARD STATEMENTS;

With the exception of historical information, this news release and accompanying information may include forward-looking statements that involved a number of risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors. There are numerous factors that could contribute to such difference, therefore such projected events and anticipated results are not warranties or guaranties that such events will occur or that the Company will achieve such results.

CONTACT: Investor Relations e-mail: IR*PearlAsianMining.com URL: http://www.PearlAsianMining.com PHONE: (866) 732-7888 FAX : (877) 317-4430
 
Posted by Thomas Mick on :
 
I really thought this was good news, but there is not the reaction I was expecting. I there something I should know here?
 
Posted by SincereX13 on :
 
This one you have to be patient with... the company itself is supposedly selling at .0002. This stock probably won't move until we get closer to the March 17th preferred stock dividend payout.
 
Posted by Thomas Mick on :
 
Thank you!
 
Posted by Thomas Mick on :
 
What does it mean when a MM (DOMS) is asking .0003 and the size is 500,000?
 
Posted by SuperSniper00 on :
 
This is really awesome news. The selling from the company is most likely over, look at the accumilation chart its on an uptrend now. This wont stay at .0002. I'm loading up because in 2 weeks this will be at .003.
 
Posted by DWE on :
 
Got 10 mil for 0.0002. Got tired of tryin' to buy at 0.0001. I'm in for the gold! [Big Grin]
 
Posted by ShortTermMemory on :
 
Everyone is accumulating, the move will come soon.
 
Posted by alohadream on :
 
Just had a couple hundred dollars in cash so picked up 600,000 more to add to my 5 mill.May have to sell something to get to 10 like DWE.
Think this will be huge real soon.
 
Posted by SuperSniper00 on :
 
MORE NEWS


Press Release Source: Pearl Asian Mining Industries Inc.


First Preliminary Gold, Silver & Other Precious Metals Assay Report from XYZ Gold Mine Site of Pearl Asian Mining Industries, Inc.
Friday February 24, 12:51 pm ET


PASIG CITY, Metro Manila, Philippines--(BUSINESS WIRE)--Feb. 24, 2006--Pearl Asian Mining Industries, Inc. (OTC: PAIM - News) released the first preliminary geo-survey report conducted by a Canadian Geological Company.
The XYZ Gold Mine Site located in the Town of Baleno, Island of Masbate, Philippines has very good potential and shows High-Grade Gold Ores.

SAMPLE GOLD SILVER COPPER MOLYB ZINC LEAD AS
(GpT) (PPM) (PPM) (PPM) (PPM) (PPM) (PPM)
----------------------------------------------------------------------
1 0.03 g less than 0.5 10 30 55 30 28
----------------------------------------------------------------------
2 0.04 g less than 0.5 70 20 85 10 9
----------------------------------------------------------------------
3 21.40 g 86.4 35 5 10 580 3
----------------------------------------------------------------------
4 1.35 g 1.8 150 15 20 70 4
----------------------------------------------------------------------
5 9.00 g 72.0 400 15 100 970 1
----------------------------------------------------------------------
6 0.15 g 8.1 560 10 70 45 1
----------------------------------------------------------------------
7 13.23 g 59.6 180 10 1100 1400 2
----------------------------------------------------------------------
8 90.37 g 533.6 300 2 7800 9400 1
----------------------------------------------------------------------
9 0.04 g 3.5 85 5 2000 850 38
----------------------------------------------------------------------

Installation of a start-up production plant capacity of 200 Metric Tons per day at the XYZ Gold Mine Site where the occurrence of the High-Grade Gold Ores had been identified and documented: Gold Samples were assayed at 1.35 grams per ton, 21.40 grams per ton and 90.00 grams per ton.

A. The estimated Average of 15.0 grams per ton of Gold Ore can produce

an output of approximately 3,750 grams of Gold per Day; with a

30-Day Month Production Output of 112.5 Kilograms or 3,617.20
Troy Ounces, which is equivalent to US$1,808,510.00 at a buying
price of $500.00 per Troy Ounce.

B. An Annual Gross Revenue from gold production of US$21,702,120.00

is estimated to be generated, aside from sales of silver and other

minerals. The 200 Tons per Day Processing Plant is planned to be
increased to 1,250 tons per day (Equivalent to 6.25 X 200 Tons per
day increased in a 6 -8 month period).

C. A 1,250 Tons per day Processing Plant is estimated to bring a

Monthly Gross Revenues of US$12,303,187.50 ($1,808,510 X 6.25);

or an estimated Annual Gross Income of US$14,638,250.00 from Gold
Production.

D. PAIM has a Macroscopic Plan for the whole Masbate Island because of

its Rich Gold potential. By implementing our Community Mining

Assistance Program to the whole Masbate Island, and improved
production capability of the Community Small Scale Miners, we are
expecting to acquire Additional Income of a minimum of 12
kilograms or approximately 387 Troy Ounces of Gold which is
estimated to be a Gross Revenue of approximately US$193,500.00

E. The $193,500 Gross Revenue Per Day multiplied by 30 Days, is

estimated to be US$5,805,000.00 and calculating for the whole

year (times 12 months) is estimated to be US$69,660,000.00 of
Annual Gross Revenue from the Community Small Scale Mining
Assistance Program.

F. XYZ GOLDPROJECT is estimated to generate a Total Gross Revenue for

the Gold Production, an equivalent of USD$217,298,250.00

which excludes the Revenues from Silver and other Precious Metals.

Forward-Looking Statements:

With the exception of historical information, this news release and accompanying information may include forward-looking statements that involved a number of risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors. There are numerous factors that could contribute to such difference, therefore such projected events and anticipated results are not warranties or guaranties that such events will occur or that the Company will achieve such results.


Contact:
Pearl Asian Mining Industries Inc. - Philippines
Investor Relations:
E. Pearl Asian, 650-814-3268
IR*PearlAsianMining.com
www. PearlAsianMining.com
Fax: 877-317-4430

--------------------------------------------------------------------------------
Source: Pearl Asian Mining Industries Inc.
 
Posted by MoneyMoneyMoney on :
 
I just picked up another mill at .0002.
Got my bid in for 5 mill X .0001.

Love the news, thanks a bunch.
 
Posted by PCola77 on :
 
70 million just went through at .0001 ugh
 
Posted by PCola77 on :
 
now over 100million. Who is selling at .0001? I just don't get it.
 
Posted by SincereX13 on :
 
sweet (sarcasm)
 
Posted by PCola77 on :
 
Now 256 million... the first 247 mill were one color and the last 9 was another, does that mean one block of buys went through at .0001 for 247 shares?
 
Posted by SincereX13 on :
 
bid is 0, don't know what is going on here... but loving rshn right now!
 
Posted by MoneyMoneyMoney on :
 
Well I finally picked up 5 mill X .0001.

RSHN is going nuts and lots more room to fly.

This will be the same some day.
 
Posted by Raytrader on :
 
GOOD news......down again.......
perhaps bad news may cause a good run?
 
Posted by Max Shrap on :
 
Wow.. somebody just bought 291 mil shares in one block.
 
Posted by Raytrader on :
 
probably that Bin Laden character
 
Posted by alohadream on :
 
From his cave in the Kush mountains?Don't think he's too interested in mining in the Philippines but I am.Just don't like that attempted coup over there.This will have its day just like RSHN today.
 
Posted by bobcat88 on :
 
Pretty sure that was a scottrade block, my buy for 5mil went through right then with scott
 
Posted by 7 of 9 on :
 
ask is 1 right now

lowest price possible
 
Posted by bobcat88 on :
 
Hope this dont pull a PCCN and go .00 and .00 on the b&a
 
Posted by SincereX13 on :
 
well thier is nothing we can do now but wait and hope (unless you want to dump your shares for nothing [Smile] )
 
Posted by bobcat88 on :
 
Just like buying $500 in lottery tickets!
 
Posted by alohadream on :
 
Lost $560 on PAIM today but made $1500 with RSHN and $500 with CMBV.And this .0001 will disappear Monday morning so no worries.
 
Posted by SuperSniper00 on :
 
Only a loss when you sell.

I bought more at 1 today. Just think if it goes to 2 thats 50%! haha This thing will definately go. Just gotta be patient like we were with RSHN.
 
Posted by 7 of 9 on :
 
holding 42m * 1.6
 
Posted by Max Shrap on :
 
1.6? Decode
 
Posted by 7 of 9 on :
 
1.6 nit = 0.00016
 
Posted by Max Shrap on :
 
You don't fear the 1,000 to 1 F/S that's coming in March?
 
Posted by SuperSniper00 on :
 
its 1000 preferred shares for every 1 common share owned...dividend...not F/S. Something was lost in the filipino translation of things.
 
Posted by Max Shrap on :
 
7 is still gonna have 42 BILLION shares to unload. You ever try to sell a billion shares?
 
Posted by Max Shrap on :
 
And if 7 has 42 billion shares on his own, what do you think the A/S is on this puppy?
 
Posted by SuperSniper00 on :
 
preferred stock
Definition

Capital stock which provides a specific dividend that is paid before any dividends are paid to common stock holders, and which takes precedence over common stock in the event of a liquidation. Like common stock, preferred stocks represent partial ownership in a company, although preferred stock shareholders do not enjoy any of the voting rights of common stockholders. Also unlike common stock, a preferred stock pays a fixed dividend that does not fluctuate, although the company does not have to pay this dividend if it lacks the financial ability to do so. The main benefit to owning preferred stock is that the investor has a greater claim on the company’s assets than common stockholders. Preferred shareholders always receive their dividends first and, in the event the company goes bankrupt, preferred shareholders are paid off before common stockholders. In general, there are four different types of preferred stock: cumulative preferred, non-cumulative, participating, and convertible. also called preference shares.
 
Posted by jellybean on :
 
Do we know if Paim will pay a dividend on these preferred shares?
 
Posted by Max Shrap on :
 
What part of 42 BILLION with a *B* shares do you not understand? If 7 has 42 Billion shares on his OWN. How many shares do you think there has to be available to supply the few hundred other shareholders that all have a Billion plus shares? And when you got a few hundred shareholders all trying to sell their BILLIONS of shares and there is no buyer for these shares, how are any of the shareholders going to make any profits? Do the simple math. 0 volume, means 0 profit.
 
Posted by SuperSniper00 on :
 
What part of $250,000,000 in gold do you not understand? Just wait till the contract for the additional 1800 hectares in land is finalized. Can you say $1 per share?
 
Posted by Max Shrap on :
 
"the company does not have to pay this dividend if it lacks the financial ability to do so"


quote:
Originally posted by SuperSniper00:
preferred stock
Definition

Capital stock which provides a specific dividend that is paid before any dividends are paid to common stock holders, and which takes precedence over common stock in the event of a liquidation. Like common stock, preferred stocks represent partial ownership in a company, although preferred stock shareholders do not enjoy any of the voting rights of common stockholders. Also unlike common stock, a preferred stock pays a fixed dividend that does not fluctuate, although the company does not have to pay this dividend if it lacks the financial ability to do so. The main benefit to owning preferred stock is that the investor has a greater claim on the company’s assets than common stockholders. Preferred shareholders always receive their dividends first and, in the event the company goes bankrupt, preferred shareholders are paid off before common stockholders. In general, there are four different types of preferred stock: cumulative preferred, non-cumulative, participating, and convertible. also called preference shares.


 
Posted by Max Shrap on :
 
Dude, we are talking about a 30 TRILLION share O/S on this stock. The shareholders only hold 5 percent of the company. Multiply that 250 mil by .05 then divide that sum by 30 trillion and you will get an idea why this stock has bottomed out. Then try selling a billion shares that are at 0. You might as well flush your money down the toilet.

quote:
Originally posted by SuperSniper00:
What part of $250,000,000 in gold do you not understand? Just wait till the contract for the additional 1800 hectares in land is finalized. Can you say $1 per share?


 
Posted by SuperSniper00 on :
 
I'm waiting for the run which WILL happen before march 17th. I'll sell 3/4ths of my shares take a nice profit and let the rest sit.
 
Posted by SuperSniper00 on :
 
If its a dividend wouldnt I still own my 9 million common shares plus 9 billion preferred shares?
 
Posted by Max Shrap on :
 
Anyone who does the math is not going to buy your shares. I think the run came and went on this one. I hope I am proven wrong.
 
Posted by Max Shrap on :
 
quote:
Originally posted by SuperSniper00:
If its a dividend wouldnt I still own my 9 million common shares plus 9 billion preferred shares?


 
Posted by Max Shrap on :
 
Why would you want to own 9 billion shares of a stock that is worth 0? Who are you going to sell your shares to? You know there are hundreds of other shareholders who own billions too? This is a dilution nightmare.

quote:
Originally posted by SuperSniper00:
If its a dividend wouldnt I still own my 9 million common shares plus 9 billion preferred shares?


 
Posted by tmanfromtexas on :
 
Max... 7of9 says he has 42 MILLION shares at .00016. NOT BILLION. Reread his post. On another note, I tried to buy at .0001 3 days running. Finally got another 2.5mm at my price. To say the least I am happy with that AND the news today. IF you didnt notice a Canadian company did the assay(?) work, not PAIM. Nice to know that too. Have a great weekend. TMAN...
 
Posted by Max Shrap on :
 
They are giving a 1,000 to 1 share "divi" for this stock. When he gets the "divi" he will have 42 BILLION shares. Shares are worthless if you can't sell them. Try selling ONE billion, 42 billion is impossible when you have hundreds of others trying to sell their billions too. There will never be enough buyers. You are wasting your money on this stock.

quote:
Originally posted by tmanfromtexas:
Max... 7of9 says he has 42 MILLION shares at .00016. NOT BILLION. Reread his post. On another note, I tried to buy at .0001 3 days running. Finally got another 2.5mm at my price. To say the least I am happy with that AND the news today. IF you didnt notice a Canadian company did the assay(?) work, not PAIM. Nice to know that too. Have a great weekend. TMAN...


 
Posted by tmanfromtexas on :
 
I understand now what you meant. I am not counting anything from the divy personnally. If this thing can have a run and make us some money I will be happy. Time will tell. Have a great weekend. TMAN...
 
Posted by Skyman on :
 
What if the buyers and sellers of the stock got up one morning, took and look at an incredible increase in the financial numbers, and decided "you know this stock is worth 10 times what it is right now"? How many shares would have to be sold to establish the stock's price at a much higher level? One.
 
Posted by Max Shrap on :
 
After the divi this stock will be in a 30 trillion O/S dilution hell. The stock will be worthless. You may get one person to buy, but where are the other 10s of trillions of sales going to come from?

quote:
Originally posted by Skyman:
What if the buyers and sellers of the stock got up one morning, took and look at an incredible increase in the financial numbers, and decided "you know this stock is worth 10 times what it is right now"? How many shares would have to be sold to establish the stock's price at a much higher level? One.


 
Posted by Skyman on :
 
Start with the financials, determine a market cap, divide by the number of shares and spitooey! there it is.
 
Posted by SuperSniper00 on :
 
I attribute todays crap day to the news in the philippines about the coup plot againt GMA. the entire philippine stock market was down (PAIM trades on the PI markets too). Shouldn't set the stock back too much, this is GMA's 3rd coup in the past 5 years of her tenure in office. It happens all the time in the philippines, its a very corupt country. This will pass in a week, volume will grow with accumilation, after volume = $$

I'm gonna buy myself an Audi TT Roadster. How about you guys?
 
Posted by Skyman on :
 
Finish off the mortgage.
 
Posted by Max Shrap on :
 
Do the math: 1 billion dollars revenue (I'm being generous) divided by 30 trillion shares equals what? Dilution that makes QBID look like a winner.

quote:
Originally posted by Skyman:
Start with the financials, determine a market cap, divide by the number of shares and spitooey! there it is.


 
Posted by SuperSniper00 on :
 
quote:
Originally posted by Max Shrap:
Do the math: 1 billion dollars revenue (I'm being generous) divided by 30 trillion shares equals what? Dilution that makes QBID look like a winner.

quote:
Originally posted by Skyman:
Start with the financials, determine a market cap, divide by the number of shares and spitooey! there it is.


Sell before the dividend date. Duh!
 
Posted by Max Shrap on :
 
Who do you sell to when there are NO buyers?

quote:
Originally posted by SuperSniper00:
quote:
Originally posted by Max Shrap:
Do the math: 1 billion dollars revenue (I'm being generous) divided by 30 trillion shares equals what? Dilution that makes QBID look like a winner.

quote:
Originally posted by Skyman:
Start with the financials, determine a market cap, divide by the number of shares and spitooey! there it is.


Sell before the dividend date. Duh!

 
Posted by SuperSniper00 on :
 
Think what you want bud. I'm gonna be making some mad money.
 
Posted by Rich735 on :
 
Bought on the last run at .001 and am down 90%!!
 
Posted by MoneyMoneyMoney on :
 
I too bought on the last run losing 90%. I then bought 10 mill more at .0001 averaging down.

Sucks but I'm now averaged down to .0002.

Gl
 
Posted by singledadandhappy on :
 
i tried four times this week to buy in at 0.0001
and never got filled
 
Posted by MoneyMoneyMoney on :
 
I was filled through Fidelity and Scottrade.
4mil X .0001 = $408
2mil X .0001 = $208
 
Posted by surgeon of steel on :
 
Time to load the boat....I too bought high at .0009 1.3 mil. and 2 mil. .0002. I'm going for 10 mill at .0001.Hope it fills...Looks like they have got the ball rolling!!!
 
Posted by AgentGPF on :
 
quote:
Originally posted by singledadandhappy:
i tried four times this week to buy in at 0.0001

Why not just let your order sit?
 
Posted by The Bigfoot on :
 
What is the current O/S? This stock might be good for a momentary play now and then but the O/S after those restricted shares get loose will destroy this company's value. The thousand for 1 deal is theatrics. It'll work...but also makes me say these guys aren't above doing things that will hurt the investor.

The Bigfoot

All about CNES right now! (nudge, nudge, wink, wink)
 
Posted by Max Shrap on :
 
Last time I checked the O/S was 30 billion. After the "divi" 7 of 9 ALONE is gonna have 42 billion.
 
Posted by SuperSniper00 on :
 
I'm really not sure why they are doing the split cause they just did one. Curious to as if what they wrote and what is going to happen are interpreted the same as an american and a filipino. Well we will see, I'm looking for .001 and I've made 8-9K
 
Posted by 7 of 9 on :
 
no split has been filed
(it must be filed to be real)
the PTSC .02 div HAS been filed, i checked (did u?)

i start selling at $.50
 
Posted by Max Shrap on :
 
So where are they gonna get the 1000 to 1 shares to give to all of the shareholders? I would love to see the math you did to come up with a "$.50" figure. And who the hell is gonna buy 42 (m or b)illion shares at $.50? This whole thing is insanity, but it will be fun to watch it unfold.

quote:
Originally posted by 7 of 9:
no split has been filed
(it must be filed to be real)
the PTSC .02 div HAS been filed, i checked (did u?)

i start selling at $.50


 
Posted by SuperSniper00 on :
 
quote:
Originally posted by Max Shrap:
So where are they gonna get the 1000 to 1 shares to give to all of the shareholders? I would love to see the math you did to come up with a "$.50" figure. And who the hell is gonna buy 42 (m or b)illion shares at $.50? This whole thing is insanity, but it will be fun to watch it unfold.

quote:
Originally posted by 7 of 9:
no split has been filed
(it must be filed to be real)
the PTSC .02 div HAS been filed, i checked (did u?)

i start selling at $.50


I think when he said $.50 he was slightly exagerating and he also meant that the dividend wont happen. I would be happy with .005
 
Posted by Max Shrap on :
 
I'm done trying to make any sense out of this. I hope it works out for you guys. Logic just doesn't allow me to wrap my head around anything but doom for this stock. My prediction is -0 pps with 0 volume, unless they do a massive R/S - which will be MANDATORY if they want to right the ship.

quote:
Originally posted by SuperSniper00:
quote:
Originally posted by Max Shrap:
So where are they gonna get the 1000 to 1 shares to give to all of the shareholders? I would love to see the math you did to come up with a "$.50" figure. And who the hell is gonna buy 42 (m or b)illion shares at $.50? This whole thing is insanity, but it will be fun to watch it unfold.

quote:
Originally posted by 7 of 9:
no split has been filed
(it must be filed to be real)
the PTSC .02 div HAS been filed, i checked (did u?)

i start selling at $.50


I think when he said $.50 he was slightly exagerating and he also meant that the dividend wont happen. I would be happy with .005

 
Posted by coalkickin on :
 
What, if anything, has caused this stock to plummet...any hopes of it returning back to ,oo1
 
Posted by johnny14511 on :
 
THIS HAS AN UNLIMITED A/S SO THEY CAN DILUTE AS MUCH AS THEY WANT
 
Posted by BuyTex on :
 
why are you SHOUTING?

lol, what's the deal? they're incorporated in Wyoming or something?
 
Posted by DWE on :
 
A QUICK FLIP IS ALL I'M AFTER FOR PAIM. I DON'T SEE WHAT THE COMMOTION IS ALL ABOUT
 
Posted by ttmp on :
 
The March '1 to 1000' is technically a dividend right?

Are dividends paid out in stock (rather that cash dividends) exempt from taxes until sold?

If not, wouldn't there be tax implications?

For example:
1,000,000 ($100 worth today * .0001)
x 1000 (dividend * 1 to 1000)

1,000,000,000 shares total

900,000,000 ($90K dividend)

$90K would be great, but if you can't sell it because of dilution it could get ugly at tax time.

Someone tell me I'm wrong...I want to be wrong.

My PAIM position = 0 (but doing some DD before purchase)
 
Posted by Max Shrap on :
 
They don't tax until sold.

quote:
Originally posted by ttmp:
The March '1 to 1000' is technically a dividend right?

Are dividends paid out in stock (rather that cash dividends) exempt from taxes until sold?

If not, wouldn't there be tax implications?

For example:
1,000,000 ($100 worth today * .0001)
x 1000 (dividend * 1 to 1000)

1,000,000,000 shares total

900,000,000 ($90K dividend)

$90K would be great, but if you can't sell it because of dilution it could get ugly at tax time.

Someone tell me I'm wrong...I want to be wrong.

My PAIM position = 0 (but doing some DD before purchase)


 
Posted by ttmp on :
 
Thanks
 
Posted by dmort on :
 
Got to give PAIM CEO a sense of humor, calling himself E Pearl Asian. Good old Sandy is Corporate Secretary. I went to a mining site that covers phillipine mining companies and no mention of Pearl Asian Mining International. Buyer beware. There are legit mining companies doing business in the PI from the US, Canada and Australia. There is gold in the PI thats for sure. About 104,000 people are employed in mining.
 
Posted by SuperSniper00 on :
 
Pearl Asian Mining Industries, Inc.- (Oregon Corporation Symbol: PRMN) Announces the Key Senior Management Team Members E-Mail this story Print this story

Nov 29, 2004 10:37 IST
Pearl Asian Mining Industries-Philippines (OTC: PRMN) announced today that it has finalized the development of the most important key element to the success of its Philippines’ Mining Operations....


Pearl Asian Mining Industries-Philippines (OTC: PRMN) announced today that it has finalized the development of the most important key element to the success of its Philippines’ Mining Operations: The formulation of the Top Senior Management Team Members of Operation Gold Finger!
Pearl Asian implements a Best of the Best management policy. The cornerstones of management principles at Pearl Asian Mining Industries, Inc. are empowerment, efficiency, leadership and accountability.


Eng. PETER C. CALEON, is the Philippines Operation Gold Finger Team Leader and Pearl Asian’s Chief Mining Engineer - Sr. Vice President / C.O.O. Peter is a native born Philippines who graduated from the MAPUA Institute of Technology with a Bachelor of Science in Mining Engineer. He continued with postgraduate studies at the International Institute for Aerial Survey and Earth Science in Daft, Holland (graduating with highest honors). He holds professional licenses of Geologists and Mining Engineer. Peter’s past positions include Supervising Geologist, Regional V Director of the Bureau of Mines & Geo-Sciences, Asst. Director of Mines and Geosciences Bureau, Regional Executive Director of the Department of Environmental Resources and Asst. Secretary of the Department of Environment and Natural Recourses. Peter brings to the company his experience and valuable contacts to Pearl Asian in order to obtain all the necessary requirements by government compliance, issuance of permits and licensures needed through out the Philippine Mining Industry.

Eng. DOMINIC Nick PASTORIZA, as the Exec. VP - Chief Field Mining Director / Consultant. Nick’s experiences include the following: as the current Manager of the TVI Resources Development Philippines, Inc. - a wholly owned subsidiary of the TVI Pacific Inc. - a Canadian Company. Nick had developed all the productions, project developments, exploration activities, environmental concerns, tax benefits, development of other mineral claims and community developments. He was responsible for the commissioning, operations and expansions of an 80 tpd pilot plant in Zamboanga del Norte Mining Project. His other past experiences were: as the Mine Manager for Oman Mining company, LLC the Rakah Gold Project in Rakah Yanquol, Sultanate of Oman as well as the Concentrator Plant Metallurgist for the Sohar Copper Complex of Oman Mining. Nick served as the Senior Metallurgist for the Zambia Consolidated Copper Mines - Chambishi Mines in Kalulushi, Zambia, Central Africa. He had been the Production Supervising Engineer for Lepanto Consolidated Mining Company in Lepanto, Mankayan, Benguet, Philippines. He had served as the Assistant Gold Mill Superintendent for Itogon-Suyoc Mines, Inc. Suyoc Gold Mines 750 tpd Gold Processing Plant in Mankayan, Benguet, Philippines The plant used the cyanidation process of both cleaner final tails and copper concentrate employing the Merril Crowe-Zinc Precipitation Concentration Process in the recovery of Gold. The plant employed the gravity concentration process using water jet airlifts and rifle belts in the recovery of free gold that is captured thru an amalgamation drum. He is also responsible for the smelting of gold precipitate and amalgam to produce the finished Gold Bullion products. He will be a great asset to Pearl Asian Mining Industries as Nick will bring in his expertise to Pearl Asian as the Field Gold Mining Director for the entire Philippines Mining Operations.

Eng. ARMAND J. RIVERA, will serve as the Environmental Protection Consultant & Director. Armand is a Sr. Mechanical Engineer with strong background in project, manufacturing & construction management, engineering design, and product line marketing in the areas of water & wastewater treatment and utility gas plants. Armand was contracted as Seconded Engineer to Pacific Gas & Electric Company, a major utility company in Northern California to perform various aspects of engineering, which included technical support for the operation & maintenance of the gas compressor stations, natural gas pipeline, transmission & distribution. He directed the regulatory agency approval for obtaining air permit from the San Bernardino County Air Pollution Control District in Los Angeles, CA. He led the firm’s major contracts with multi-national companies covering water and wastewater treatment systems, gas pipelines & transmissions as well as distributions including environmental issues. He developed a pending patent on a joint venture with European based company for Hydro-Metallurgical & Catalytic Electro-Accelerator (HMCEA) also known as Leaching & Neutralization Process. He has been a Garratt-Callahan (a chemical firm based in Millbrae CA) representative in Manila for the past eight years; designed and manufactured water & wastewater treatment equipment and managed total cost savings of more than Two Million US Dollars on various projects. Armand is a graduate of B.S. Mechanical Engineering, MAPUA Institute of Technology, a Registered Professional Engineer and Certified Continuing Education in Water/Wastewater Treatment Engineering, UC Berkeley, Berkeley, California. He Received an Excellent Performance Award from Arrowhead Industrial Water and A Performance Recognition Award from the Pacific Gas & Electric Company. Armand was selected as an Honored Member of Who’s Who Among Outstanding Americans, 1995-1996. His expert contribution to Pearl Asian’s development of environmental protections for all its mining communities is very critical and vital.

Father ARIEL, DIRECTOR-CRO, will serve as the Chief Community Relations Officer. Father Ariel will be leading Pearl Asian to meet with the members of the communities and its local government officials, the local and international NGO (Non-Governmental Organizations) groups, and the Indigenous People where the company’s mining sites are located. He will be the force to explain to these groups of people the mutual benefit for the community and its symbiotic involvement of each group with the Pearl Asian’s Mission and Vision to bring in harmonious relations, peace and prosperity to everyone. Father Ariel will be the Key to bringing into the company the Pearl Asian Mining and to the people in each mine sites, the importance of a solid alliance with the community: Working Together for a Common Cause of Harmony, Peace, Prosperity & Love.

ADRIAN CERRADO, CPA - SGV & CO. PARTNER, an ERNST & YOUNG Member Affiliate of the Philippines. Adrian will join Pearl Asian as the company’s CPA Consultant. SGV & CO. is a renowned CPA Firm in the Philippines for representing and managing the top 80% of the Philippines big companies and majority of the mining industries in the Philippines. Adrian will bring his great experience and expertise of the accounting principles to perform all the audits and accounting requirements that will do both the Philippines and USA GAAP Certification Accounting Principles.

RANDOLF VILLANUEVA, the President/CEO, A native of the Philippines, Randolf came to America at a young age and was educated in the United States. He had taken courses in business management, macro-economics and computer sciences. He is very intelligent, empowered with practical applications and with his knowledge of US Corporate Management; Randolf will bring this experience in mining and management, interfacing with Philippines Government Agencies. Randolf is fully qualified to head up the Pearl Asian Management Operations in the Philippines Islands.

E. Pearl Asian, the Founder/Chairman is a true visionary. Pearl Asian is the leading force behind Pearl Asian Mining Industries, Inc. Her ambition and drive is helping to realize the potential of valuable mining properties that have been under-developed and under-utilized for decades. She is focused on providing a profitable return for investors, coupled with her humanitarian mission, to assist in providing sustainable jobs, the gift of education for the under-privileged children, healthcare benefits for the people and environmental protections of the communities. It is also her vision to make Pearl Asian Mining Industries, Inc. as the Model for all mining companies in the Philippines; as the Pioneer to make use and leverage the involvement of the communities, the local and international NGO’s (Non-Governmental Organization), to participate in the development of the Philippines Mining Industries and to become as a One Team to help sustain the economic stability, community involvements and environmental protections of the Republic of the Philippines. In 2003, Pearl has taken a mom and pop mining operation in the Philippines to a fast growing multi-national gold mining company.

This Senior Management Team will meet on December 18, 2004 in the historical Island of Mactan, Cebu City, to discuss the Pearl Asian’s Business Strategy for 2005, as they move forward with the company’s mining operations as early as January, 2005 and to discuss issues on the USA SEC GAAP Reporting requirements and compliance.

Pearl Asian is well aware that mining operations are capital intensive and a very risky industry. However, because the Philippines is currently considered as the No. 2 in World’s Gold Reserves and No. 8 in Gold Productions, Pearl Asian-Philippines Corporation will continue on to bring its foreign investments through the Pearl Asian’s Oregon Corporation (PRMN) into this country, as 2005 will be the year of immediate explorations, developments and most of all productions that will mean great revenues for the company. Furthermore, due to the upward trend in gold prices, Pearl Asian considers this business strategy positive and potentially a profitable opportunity benefiting each shareholder of PRMN.

Quote from the Philippine Star Nov. 23, 2004: Secretary of the Department of Trade & Industry (DTI) Cesar V. Purisima said, The Philippines is richly endowed with world-class mineral resources, both metallic and non-metallic. The country’s mineral resources are estimated to be worth $984.65 Billion USD, but will remain to be a just potential if not developed. But more than that, one great advantage of the Philippines’ Mining Sector has an almost 100 percent value-added which means that almost all of the elements of productions are sourced locally.

Forward-Looking Statements:

With the exception of historical information, this news release and accompanying information may includes forward-looking statements that involved a number of risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors. There are numerous factors that could contribute to such difference, therefore such projected events and anticipated results are not warranties or guaranties that such events will occur or that the Company will achieve such results.
 
Posted by singledadandhappy on :
 
still trying to get filled no luck tried 4 times I am trying to buy 3,ooo,ooo and no luck * 0.0001
 
Posted by dmort on :
 
Try Monday when the market is open.
 
Posted by Rich735 on :
 
lol dmort
 
Posted by pay up on :
 
Dmort,
E. Pearl Asian is a woman, not a man.
And who cares what her name is.
You call yourself Dmort, lol
 
Posted by dmort on :
 
Ya I do but it obviously isnt my real name. But if I decide to run a shell company maybe I will style myself D. Mort. See if the investors notice.
 
Posted by pay up on :
 
I'ts probably her real name.
Remember J Edgar Hoover
 
Posted by dmort on :
 
I am 53 year's old and in my travels I have yet to meet anyone with the last name Asian sorry for my scepticism. As an aside here is an old pr from MLON.

Mellon Buys Major Stake In Silver Mining Company

SCOTTSDALE, Ariz., Dec. 15, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Pink Sheets:MLON), the market leader in providing boutique investment banking services to private mid cap companies, today announced that it acquired 200,000,000 shares (44%) of Western Pacific Minerals, Ltd. from Pearl Asian Mining Industries, Inc. (Pink Sheets:PRMN) in exchange for 500,000,000 newly issued MLON shares subject to SEC RULE 144.

Western Pacific Minerals, LTD. is the beneficial owner of 50 mining claims in the historical silver-rich Slocan Mining District of British Columbia at an approximate book value of $1m.
 
Posted by pay up on :
 
E. Pearl Asian, the Founder/Chairman is a true visionary. Pearl Asian is the leading force behind Pearl Asian Mining Industries, Inc. Her ambition and drive is helping to realize the potential of valuable mining properties that have been under-developed and under-utilized for decades. She is focused on providing a profitable return for investors,
 
Posted by pay up on :
 
Do a search in yahoo under people and you will find some. Happy travels. lol
 
Posted by dmort on :
 
Good luck to you.
 
Posted by DIGDOUGH on :
 
This is funny stuff!


quote:
Originally posted by dmort:
Try Monday when the market is open.


 
Posted by SuperSniper00 on :
 
quote:
Originally posted by dmort:
I am 53 year's old and in my travels I have yet to meet anyone with the last name Asian sorry for my scepticism. As an aside here is an old pr from MLON.

Mellon Buys Major Stake In Silver Mining Company

SCOTTSDALE, Ariz., Dec. 15, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Pink Sheets:MLON), the market leader in providing boutique investment banking services to private mid cap companies, today announced that it acquired 200,000,000 shares (44%) of Western Pacific Minerals, Ltd. from Pearl Asian Mining Industries, Inc. (Pink Sheets:PRMN) in exchange for 500,000,000 newly issued MLON shares subject to SEC RULE 144.

Western Pacific Minerals, LTD. is the beneficial owner of 50 mining claims in the historical silver-rich Slocan Mining District of British Columbia at an approximate book value of $1m.

Did you read any of the new PR that came out. PAIM sold that to MLON for 500mil shares. So that means PAIM owns a 500million stake in PYCT. PAIM has already clarified that PYCT has never owned any stake in PAIM, nor have there been any people working for PAIM that has or currently does work for PYCT. Old news.
 
Posted by 7 of 9 on :
 
You have to have the courage to be loyal.

-- Worsington --
 
Posted by dreamer_rick on :
 
okay guys .... now after all the debate ...should we buy or not ....and i have seen on the chart that the stock reached to $0.01 from $0.0001 ...is that true ...?
and what do u see the potential for this one ,,,,
 
Posted by SuperSniper00 on :
 
okay so i wrote to paim and flat out asked by they would do the dividend that seemingly dilutes the stock into worthlessness and this is the response i just got


"Dear supersniper,



You will have both 1,000,000 common shares and 1,000,000,000 preferred shares.

The preferred and common shares are not exchangeable.


pearlasia"


So does this mean that the O/S will still be 30 billion and not 30 trillion? Will there be an O/S of 30 billion common and 30 trillion preferred? Since we cant just straight up buy preferred stock, who do we sell it to? back to the company? Can anyone help me clarify this whole preferred vs common stock thing?
 
Posted by SuperSniper00 on :
 
Press Release Source: Pearl Asian Mining Industries, Inc.


Pearl Asian Mining Industries, Inc. "Operation Gold Finger Team" Began Geological Exploration Studies of the XYZ Gold Mine Site
Monday February 27, 9:00 am ET


PASIG CITY, PHILIPPINES--(MARKET WIRE)--Feb 27, 2006 -- Pearl Asian Mining Industries, Inc. (Other OTC:PAIM.PK - News) announced today that the company hired the geological expertise of the renowned Mayon Geotech & Geo-Environment Services (MGGS), Inc. led by Engr. Gil J. Apuya. The MGGS Team performed exploration and evaluation of the XYZ Mine Site located in the town of Baleno, Island of Masbate, to further determine the Gold Silver Deposits as well as the full potential installation of the Gold Mineral Processing Plant.
ADVERTISEMENT


On Dec. 16-28, 2004, the first members of the engineering group of the "Operation Gold Finger" Team were on the XYZ Mine Site to oversee the initial project's exploration operation conducted by MGGS. These exploration activities had covered a total of seventy-two (72) hectares that was conducted for a period of fourteen days including mobilization and demobilization. MGGS provided the technical report indicating projected ore reserves, inclusive of all the geological maps, sections, laboratory result analysis of samples and computation of projected ore reserves. MGGS also included in their report the recommended potential site for putting-up the Gold Mineral Processing Plant as well as the site for building infrastructures, road access towards the XYZ Mine Site, scheduled to be as early as the Summer of 2006.

Further activities included research work and collation of existing geological reports, acquisition of field supplies and materials, preparation of working maps and mobilization. The Gold Team coordinated with local officials and residents including recruitment of local residents as guides and laborers for trenching, test pitting, clearing, handling and transportation of samples and sampling. More detailed geological mapping of the area was reported on a 1:10,000 scale. The MGGS identified all outcrops, rock types, alterations and mineralization by megascopic identification. These activities included rock / ores sampling, exact plotting of encountered outcrops, mineralization and preparation of geological maps and sections. They cleared and channelled the samples from the old tunnels and dug pits. The trenching and test-pitting were delineated and traced the continuity of mineralization. The samples gathered were analyzed for Gold, Silver Copper, Lead, Zinc & the Platinum Group of Precious Metals (Au, Ag, Cu, Pb, Zn, Pts.). All these collected information were interpreted. Two batches of samples of approximately 20 Kg of ores each batch, were sent to KNELSON Company of Langley, British Columbia, Canada and ELSA Metals Company of Geneva, Switzerland for further laboratory analysis. The laboratory assay results both by KNELSON & ELSA Metals were utilized for further confirmation of the previous preliminary assay reports and the local laboratory results from OSTREA LAB of the Philippines. This assay results gave the exact design for the gold concentrator plant & gold powder refinery, in which the plant design was based on the type and quality of these XYZ GOLD ORES. Additional activities besides the chemical laboratory analysis included Topographical Survey of the entire XYZ GOLD MINE SITE.

"I am excited to see that further explorations, developments and production activities are in progress as 2006 will be The Best Year ever for Pearl Asian Mining Industries, Inc., after 3 years of its founding and creation. I envision that the last quarter of 2006 will be the beginning of revenue generation months and profitable years ahead; thus benefiting all the existing and future shareholders of PAIM!" exclaimed E. Pearl Asian, Founder & Chairman of the Board.

FORWARD STATEMENTS:

With the exception of historical information, this news release and accompanying information may include forward-looking statements that involved a number of risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors. There are numerous factors that could contribute to such difference, therefore such projected events and anticipated results are not warranties or guaranties that such events will occur or that the Company will achieve such results.


Contact:
CONTACT:
Investor Relations
e-mail: IR*PearlAsianMining.com
URL: http://www.PearlAsianMining.com
PHONE: (866) 732-7888
FAX: (877) 317-4430



--------------------------------------------------------------------------------
Source: Pearl Asian Mining Industries, Inc.
 
Posted by Phoenix on :
 
E Pearl Asian..
Operation Gold Finger..

sounds like a Bond movie

"No, I will not destroy the gold..I will dilute the shares!"
 
Posted by SuperSniper00 on :
 
you guys still dont understand what a DIVIDEND is do you? common shares and preferred shares are not exchangable! the O/S for common shares will be exactly the same after the dividend as it was before the dividend. What will likely happen is the preferred shares you will get will trade under a different symbol. Now yes those will be diluted and hard to sell.

Gold finger, yes it is corny but apparantly you've never experienced filipino culture. while i was there they were blowing their load because the beach boys were making an appearance in manila for the first time
 
Posted by Phoenix on :
 
I wasnt really slamming it, I just thought it was amusing..
 
Posted by singledadandhappy on :
 
my order just got fille 3,000.000
 
Posted by Graham Charitable Trust on :
 
volume is building for a reason... when u guys think this will fly, im 357000 deep
 
Posted by singledadandhappy on :
 
A. The estimated Average of 15.0 grams per ton of GOLD ORE can produce an
output of approximately 3,750 grams of Gold per Day; with a 30-Day
Month Production Output of 112.5 Kilograms or 3,617.20 Troy Ounces,
which is equivalent to US$ 1,808,510.00 * a buying price of $500.00
per Troy Ounce.

B. An Annual Gross Revenue from gold production of US$21,702,120.00
is estimated to be generated, aside from sales of silver and other
minerals. The 200 Tons per Day Processing Plant is planned to be
increased to 1,250 tons per day (Equivalent to 6.25 X 200 Tons per day
increased in a 6-8 month period.)

C. A 1,250 Tons per day Processing Plant is estimated to bring a Monthly
Gross Revenues of US$12,303,187.50 ($1,808,510 X 6.25); or an
estimated ANNUAL GROSS INCOME of US$14,638,250.00 from GOLD
PRODUCTION.

D. PAIM has a Macroscopic Plan for the whole Masbate Island because of
its Rich GOLD potential. By implementing our Community Mining
Assistance Program to the whole Masbate Island, and improved
production capability of the Community Small Scale Miners, we are
expecting to acquire Additional Income of a minimum of 12 kilograms
or approximately 387 Troy Ounces of GOLD which is estimated to be a
Gross Revenue of approximately US$193,500.00

E. The $193,500 Gross Revenue Per Day multiplied by 30 Days, is
estimated to be US$5,805,000.00 and calculating for the whole
year (times 12 months) is estimated to be US$69,660,000.00 of
ANNUAL GROSS REVENUE from the COMMUNITY SMALL SCALE MINING ASSISTANCE
PROGRAM.

F. XYZ GOLDPROJECT is estimated to generate a TOTAL GROSS REVENUE for the
GOLD PRODUCTION, an equivalent of USD$217,298,250.00 which
excludes the REVENUES from SILVER and other Precious Metals.
 
Posted by dmort on :
 
Found this in a google search about Masbate Island.

"Thistle-unit Philippine Gold Plc. owns Filminera, which has the rights to gold deposits on the island of Masbate, 350 kilometers (220 miles) southeast of Manila. In the 15 years to 1994, the Masbate mine produced 80,000 ounces per annum, according to Thistle's 2001 annual report."
 
Posted by singledadandhappy on :
 
we all will be ( mastbate ) soon when this hits lol
 
Posted by SuperSniper00 on :
 
lol it's pronounced MAHS-BAH-TAY...masbate island...

Just a reminder for the dividend to occur it has to be filed...nothing has been filed!

http://www.otcbb.com/asp/dailylist_search.asp?SearchSymbolForm=TRUE&OTCBB=False&searchby=symbol&searchfor=paim&searchwith=Starting
 
Posted by cali99boy on :
 
just picked up another 1mil *0.0001. Hope this thing moves [Smile]
 
Posted by Raytrader on :
 
just kickin myself for getting out of usxp *.007
 
Posted by Raytrader on :
 
now Im riding the PAIM train....
DESTINATION.....who knows......
 
Posted by SuperSniper00 on :
 
its okay man, i got out of AXIGE 2 days before it ran and i got out of USXP at .0053. I feel the pain, but now its time for the PAIM train.
 
Posted by alohadream on :
 
Another 9M at .0001 to add to my 5.6M at .0002 from last week.14.6M shares is the most number of shares I have ever owned.Wish it was 14.6M shares of Google or Berkshire Hathaway.
 
Posted by SuperSniper00 on :
 
Press Release Source: Pearl Asian Mining Industries, Inc.


Meet the 2006 XYZ Gold Team - Pearl Asian Mining Industries, Inc.
Monday February 27, 2:41 pm ET
No Reverse Split is Planned for Now


PASIG CITY, Metro Manila, Philippines--(BUSINESS WIRE)--Feb. 27, 2006--Pearl Asian Mining Industries, Inc. (OTC:PAIM - News) is happy to introduce the 2006 XYZ Gold Team - Pearl Asian Mining Industries, Inc. and that there is no reverse split planned for now!
Shareholders are invited to meet the Gold Team running and overseeing the complete operation of the XYZ Gold Mine.

XYZ GOLD TEAM & STRATEGISTS

BOARD OF DIRECTORS

Chairman E. Pearlasia
President Randolf Villanueva
VP/CRO Fr. Ariel

ADVISORS

Engr. Pete Caleon Mining/Geologist
Engr. JR Famor Plant Machineries Procurement
Gil Apuya Geological Co. Consulting Geologist
Atty. Earl Diao, IV Legal Counsel/CPA/CFO
MsSgt. Edward Madrid E.V.P./Field Security

HEAD OFFICE ADMINISTRATION

EVP/Secretary & Hrd Mgr. Abegail Dormitorio
EVP/Auditor/Risk Mgmt. Arlene Balagbagan
Procurement Mgr. Arnel Morilla

XYZ OPERATION GOLD FINGER TEAM

1. Consultant - Chief Mining Officer (CMO) Socrates Serrano
2. Overall-In-Charge Mining Engineer (OIC) Jonathan Mercado

ENGINEERS-IN-CHARGE

3. Design & Plant Development Engineer (DPD) Ricardo Bernardo
(To Include Cebu Gold Refinery Facility)
4. Tunnels Rehab & Underground Mines Develop. Cesar Rosales
5. Safety Dev. & Environmental Protection (SDEP) Trecero Reyes
6. Road & Infrastructures Development (RCSID) Michael J.Penalosa
Land Mine & Satellite-Cell Site Surveyor (LMSCS)
7. Senior Field Geologist Regino Selvano
8. On-Site Host Community Development Director Manolo Tecson
9. Computer IT Gil Apuya III

PEARL ASIAN METALLURGICAL & CHEMICAL ASSAY LAB (PAMC LAB)

10. Laboratory Business Development Gary Anthony Gotanco
Chief Chemical Engineer
11. OIC Metallurgist Elvis Hidalgo
12. EIC Research & Development Rochelle Laylay
13. EIC Quality Assurance/Quality Control EmyLyn Noma

VISION STATEMENT

Pearl Asian Mining Industries, Inc. (PAIM) will lead the Filipino mining industries into the 21st century. Pearl Asian Mining is globally commitment to its international shareholders for generating excellent Return On Investments (ROI). To make Pearl Asian Mining Industries, Inc. the "Model" for all mining companies in the Philippines; the "Pioneer" to make, use and leverage the involvement of the host communities, as well as the local and international NGOs (Non-Governmental Organizations); and the "A Team" to help sustain the economic stability of the Republic of the Philippines, by participation in the development of the Philippines Mining Industries, as well as the involvement of its host community and environmental protections.

MISSION STATEMENT

It is the ultimate mission and intention of Pearl Asian Mining Industries, Inc. (PAIM) to partner with the Philippine Government and its local host communities in order to acquire abandoned mines with known and proven gold reserves, left untapped and abandoned for centuries. Pearl Asian will make profitable business operation side by side with environmental protection and sharing of benefits to host communities through adoption of maximum efficiency and applicable state-of-the-art technologies.

Pearl Asian Mining (PAIM) is teamed up with world-class, experienced, renowned and select cream-of-the-crop Mining, Mechanical, Electrical, Civil, Chemical & Metallurgical Engineers, Geologists and other highly qualified support team members, who will become the corporate model to make a real and lasting contribution to the communities in which Pearl Asian operates considering all aspects of its safety and healthy environment.

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 can cause actual results to differ materially from anticipated results include the risks and uncertainties such as the 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.


Contact:
Pearl Asian Mining Industries, Inc. - Philippines
Investor Relations:
Richard C. Miller, 650-814-3268
Fax: 877-317-4430
IR*PearlAsianMining.com
www.PearlAsianMining.com

--------------------------------------------------------------------------------
Source: Pearl Asian Mining Industries, Inc.
 
Posted by Graham Charitable Trust on :
 
1. Consultant - Chief Mining Officer (CMO) Socrates Serrano
2. Overall-In-Charge Mining Engineer (OIC) Jonathan Mercado
EVP/Secretary & Hrd Mgr. Abegail Dormi11. OIC Metallurgist Elvis Hidalgotorio


hah, tell me those names arent funny if not fishy... hey im 375,000 deep and hope this jumps but abegail, socrates? haha, anyway this has been accumulating volume today, should go somewhere.

peace
 
Posted by SuperSniper00 on :
 
did you forget that we are talking about filipino names and not american names?
 
Posted by DC Trade on :
 
does it concern anyone that there are no MMs bidding on this stock?
 
Posted by alohadream on :
 
Pinays are some of the most beautiful women on the planet.And the Philippines being first colonized by Spain and then the US and even Japan for a little while would make them a bit confused.
 
Posted by jakeo on :
 
Meet the 2006 XYZ Gold Team - Pearl Asian Mining Industries, Inc.; No Reverse Split is Planned for Now

By BusinessWire
Last Update: 2/27/2006 2:41:01 PM
Data provided by

PASIG CITY, Metro Manila, Philippines, Feb 27, 2006 (BUSINESS WIRE) -- Pearl Asian Mining Industries, Inc. (PAIM) is happy to introduce the 2006 XYZ Gold Team - Pearl Asian Mining Industries, Inc. and that there is no reverse split planned for now!

Shareholders are invited to meet the Gold Team running and overseeing the complete operation of the XYZ Gold Mine.

VISION STATEMENT

Pearl Asian Mining Industries, Inc. (PAIM) will lead the Filipino mining industries into the 21st century. Pearl Asian Mining is globally commitment to its international shareholders for generating excellent Return On Investments (ROI). To make Pearl Asian Mining Industries, Inc. the "Model" for all mining companies in the Philippines; the "Pioneer" to make, use and leverage the involvement of the host communities, as well as the local and international NGOs (Non-Governmental Organizations); and the "A Team" to help sustain the economic stability of the Republic of the Philippines, by participation in the development of the Philippines Mining Industries, as well as the involvement of its host community and environmental protections.

MISSION STATEMENT

It is the ultimate mission and intention of Pearl Asian Mining Industries, Inc. (PAIM) to partner with the Philippine Government and its local host communities in order to acquire abandoned mines with known and proven gold reserves, left untapped and abandoned for centuries. Pearl Asian will make profitable business operation side by side with environmental protection and sharing of benefits to host communities through adoption of maximum efficiency and applicable state-of-the-art technologies.

Pearl Asian Mining (PAIM) is teamed up with world-class, experienced, renowned and select cream-of-the-crop Mining, Mechanical, Electrical, Civil, Chemical & Metallurgical Engineers, Geologists and other highly qualified support team members, who will become the corporate model to make a real and lasting contribution to the communities in which Pearl Asian operates considering all aspects of its safety and healthy environment.

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 can cause actual results to differ materially from anticipated results include the risks and uncertainties such as the 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.

SOURCE: Pearl Asian Mining Industries, Inc.

This PR makes me feel better, its always good knowing you've got the A-team on your side!
 
Posted by joejoe on :
 
Amen!
 
Posted by Graham Charitable Trust on :
 
true, i almost forgot my first girlfriend was filipina, her name was Princess, I see what r u talkin about.. btw, they are beautiful women
 
Posted by Graham Charitable Trust on :
 
guys we're close to a billion in volume here.. somethings up
 
Posted by SuperSniper00 on :
 
of course like ive been saying the company is selling to raise $1.5 million to begin mining, only paim has that many shares!
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by Graham Charitable Trust:
true, i almost forgot my first girlfriend was filipina, her name was Princess, I see what r u talkin about.. btw, they are beautiful women

My friend was dating a filipina, her name was Zara. Sounds like a bad star trek name, but its her real name. filipinos are pretty corny too, so naming it gold finger and XYZ mine is totally believable. i spent 6 months in the PI so i know first hand
 
Posted by whb11 on :
 
this stock looks like it's got an odd sort of potential..
i like what it says on their website:

quote:
Excellence is the Result of:
Caring more than one may think is Wise!
Risking more than what is considered Safe!
Dreaming more than one may think is Practical!
Expecting more than one may think is Possible!

Excellence, The Seed of Our Breath!


 
Posted by alohadream on :
 
hahaha!Don't care too much if they are run by some Sartre-wannabes as long as they keep pulling all that glittering gold and silver out of the ground.But they could sure use some better writers.
 
Posted by bobcat88 on :
 
MM trying to make something happen with a 500 buy at .0002?
 
Posted by SuperSniper00 on :
 
back to .0002
 
Posted by PCola77 on :
 
If you really want to call it that. It was a 10 cent, yes 10 CENT trade. 500 shares. WTF?

quote:
Originally posted by SuperSniper00:
back to .0002


 
Posted by PCola77 on :
 
Well there's a real trade at least. 1.5 mil at .0002
 
Posted by 7 of 9 on :
 
Holding 52m shares * 1.8

7 of 9, the god of PAIM
 
Posted by MoneyMoneyMoney on :
 
The 10 cent trade of 5000 shares was an MM cue.

Run Paim!!!
 
Posted by SincereX13 on :
 
good sign that something is up
 
Posted by DIGDOUGH on :
 
I heard they're going to give a dividend again. All the lumpias you can eat. Wooohoooo.
 
Posted by DWE on :
 
"No Reverse Split is Planned for Now"

When they say "FOR NOW", it's still a bit scary.....
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by DIGDOUGH:
I heard they're going to give a dividend again. All the lumpias you can eat. Wooohoooo.

LMAO is the lumpia going to be made with dog meat? lol


DWE that IS indeed scary if they are talking about a R/S. Now sure why they would F/S the stock and 2 months later R/S the stock.

Just keep a heads up on it.

BTW...look for the stock to rebound as the state of emergency in the philippines is lifted and the coup rumors are forgotten.
 
Posted by Raytrader on :
 
beware the ide of march
 
Posted by Raytrader on :
 
"beware the ide of march"....still staying in though
 
Posted by SincereX13 on :
 
ha.. .0000
 
Posted by Raytrader on :
 
yeah go figure
 
Posted by Swab Jockey on :
 
What the h#ll o.ooo what did they do go outa business?????
 
Posted by DWE on :
 
quote:
Originally posted by SuperSniper00:
quote:
Originally posted by DIGDOUGH:
I heard they're going to give a dividend again. All the lumpias you can eat. Wooohoooo.

LMAO is the lumpia going to be made with dog meat? lol


DWE that IS indeed scary if they are talking about a R/S. Now sure why they would F/S the stock and 2 months later R/S the stock.

Kinda like what that whore, Gina D of Raven Moon Entertainment did to me.....

First, I buy 5 mil shares of then, RVMN, then I receive 20 million free shares from a 5-1 forward split, AND THEN 2 weeks later a 75-1 REVERSE SPLIT! LoL!

Gina D has proven that she is a skilled gold digger.

I hope that's not the case for PAIM. PAIM for me will be VERY short term.....

Just keep a heads up on it.

BTW...look for the stock to rebound as the state of emergency in the philippines is lifted and the coup rumors are forgotten.


 
Posted by Raytrader on :
 
its just a MM adjustment it will come back dont PANIC
 
Posted by DWE on :
 
Didn't mean to press the wrong button... I'm the one who called Gina D a " gold diggin' whore". [Big Grin] My apologies.....
 
Posted by alohadream on :
 
Just out 10 minutes ago.

Press Release Source: Pearl Asian Mining Industries, Inc.

Pearl Asian Mining Industries, Inc. Announces the Hiring of an Investor Relations Consultant and Further Clarifies That the Current Philippine Government Disturbance Does Not Affect the Pearl Asian Mining Industries, Inc. ''Operation Gold Finger''
Tuesday February 28, 2:34 pm ET


PASIG CITY, Philippines--(BUSINESS WIRE)--Feb. 28, 2006--Pearl Asian Mining Industries, Inc. (OTC:PAIM - News) announced today that it hired the services of Mr. Richard C. Miller of Georgia to handle all the duties and responsibilities of the Company's Investor Relations to better service all the needs of PAIM's shareholders.

Furthermore, the Pearl Asian Mining "Operation Gold Finger" is not affected by the latest news of the Philippine government disturbance.

PAIM "Operation Gold Finger" business is as usual and continues to be on target scheduled of its goal: to have the first gold production estimated to be in the last quarter of 2006.

The Island of Masbate, where the XYZ Gold Project is located, and Cebu Island are situated approximately 2,000 kilometers (approximately 2,400 miles) south of Manila, so does not affect us.

The XYZ Gold Team is mobilized and is working hard to meet PAIM's target deadline. The plan for 4.5 kilometers of access road construction is ongoing. The rehabilitation of gold tunnels and underground mines are currently on schedule. The customized Gold Processing Plant Design is almost ready to be constructed and built. The Chemical/Metallurgical Laboratory and Gold Refinery Facility is in its first phase of permitting and development. The schedule to commence production is still anticipated to be in late 2006 and early 2007. The SSMP -- Small Scale Mining Permit -- to operate on the 20 hectares of the XYZ Gold Project has an estimated mine life of 5 1/2 years.
 
Posted by 7 of 9 on :
 
This PR clears up much about PAIM.

There is not going to be any more splits, forward or reverse.

The PAIM contact gave wrong information bcs. she is a miner and doesnt understand.

A consultant has been hired to clear things up.

Mining is going ahead, fast if you ask me. I think some gold will be refined in weeks. They have already dug up gold bearing ore for processing.

PAIM now has at least 1,000,000 USD from stock sales and thats enough to start mining in phillipines.

I think the .0001 shares are gone forever, but....

The MIB are still there guys, waiting to pump with abandon.

Holding 52M shares


Feb. 28, 2006--Pearl Asian Mining Industries, Inc. (OTC:PAIM - News) announced today that it hired the services of Mr. Richard C. Miller of Georgia to handle all the duties and responsibilities of the Company's Investor Relations to better service all the needs of PAIM's shareholders.

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Furthermore, the Pearl Asian Mining "Operation Gold Finger" is not affected by the latest news of the Philippine government disturbance.

PAIM "Operation Gold Finger" business is as usual and continues to be on target scheduled of its goal: to have the first gold production estimated to be in the last quarter of 2006.

The Island of Masbate, where the XYZ Gold Project is located, and Cebu Island are situated approximately 2,000 kilometers (approximately 2,400 miles) south of Manila, so does not affect us.

The XYZ Gold Team is mobilized and is working hard to meet PAIM's target deadline. The plan for 4.5 kilometers of access road construction is ongoing. The rehabilitation of gold tunnels and underground mines are currently on schedule. The customized Gold Processing Plant Design is almost ready to be constructed and built. The Chemical/Metallurgical Laboratory and Gold Refinery Facility is in its first phase of permitting and development. The schedule to commence production is still anticipated to be in late 2006 and early 2007. The SSMP -- Small Scale Mining Permit -- to operate on the 20 hectares of the XYZ Gold Project has an estimated mine life of 5 1/2 years.
 
Posted by Raytrader on :
 
"a ball must hit the ground in order to BOUNCE"
 
Posted by Raytrader on :
 
and there it goes...back to .0002 YIPPY
 
Posted by pay up on :
 
up on news
http://biz.yahoo.com/bw/060228/20060228006006.html?.v=1
 
Posted by SincereX13 on :
 
anybody able to find anything on Richard C. Miller? Want to know if he is any good or not
 
Posted by alohadream on :
 
Whew!Quick bounce!15 minutes of heart murmurs there seeing 0.000 under PAIM!
 
Posted by SuperSniper00 on :
 
PAIM bashers move outta the way...
 
Posted by pay up on :
 
"How did a fool and his money GET together?"
he tripped on it
 
Posted by fishfarmer on :
 
Blue light special boys and girls Im in at .0001 for a mil! [Big Grin]
 
Posted by DWE on :
 
Bought another 10 mil... Thanks to all that have helped with my concerns.
 
Posted by alohadream on :
 
Added just 400,000 at .0001 to bring my total stake to an even 15 mill.
 
Posted by DIGDOUGH on :
 
So is someone saying the 1000/1 dividend is not happening? That it was a misunderstanding?
 
Posted by SuperSniper00 on :
 
They have until the 7th to file the dividend.

The dividend is in preferred shares.

This means if you have 1,000,000 common shares of PAIM, you will now have 1,000,000,000 preferred shares, which will be traded under a new symbol. Which could be anything but could be PAIMP.

Probably will be hard as hell to sell them since nobody will want to buy them. Oh well.
 
Posted by Raytrader on :
 
the 1000/1 already happened a while ago.......no more splits or dividends at least forward ones that is
 
Posted by DWE on :
 
So you're telling me I'll have 31 BILLION shares??? WTH?
 
Posted by DWE on :
 
Alright..... One person is saying one thing and another person is saying something else..... What are the facts here?
 
Posted by Raytrader on :
 
there was a PR last week from Pearl herself....that said the forward split already happened and there was a misunderstanding about another split.....there was something said about an Issuance of preferred stockper so many shares of common stock but the details wont be available till march 17
 
Posted by pay up on :
 
The split happened, at least it shoud have.
It all depends on the broker.
It's explained here;
http://biz.yahoo.com/bw/060213/20060213005575.html?.v=1
 
Posted by Raytrader on :
 
yeah it "already happened".......
 
Posted by pay up on :
 
Anyone that bought or sold shares under the symbol PAIM has bought or sold forward split shares. It has come to the Company's attention that some brokerage firms sold and are continuing to sell the forward split common shares, but others have failed to credit PAIM shares to their clients accounts. The Company has no control over the speed at which the brokerage firms replace 1000 PAIM shares for the 1 share of PRLGF previously owned;
 
Posted by DWE on :
 
Thanks for the info. But what I'd like to know is what is the BIG HYPE with this company? I just want to know as many opinions as I can. Thanks.
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by DWE:
Alright..... One person is saying one thing and another person is saying something else..... What are the facts here?

Facts are there already was a SPLIT.

PRs suggest a DIVIDEND on the 17th of march. They have until the 7th to file it. If they do the DIVIDEND you would have 15 billion shares in PREFERRED stock which will be traded under a different symbol. You would also still have your 15 million common shares traded under symbol PAIM still.

If there is nothing filed by the 7th, then March 17th is a meaningless date, that is unless you're Irish and planning on getting hammered for saint pattys day
 
Posted by DWE on :
 
Thanks Sniper.

But it still leaves me with asking what is the hype all about with PAIM though? Please give me your honest opinions where this company is going within the next month or after.....
 
Posted by timstl on :
 
quote:
Originally posted by SuperSniper00:

that is unless you're Irish and planning on getting hammered for saint pattys day

or if you're NOT irish and plan on getting hammered for st. patty's day.
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by DWE:
Thanks Sniper.

But it still leaves me with asking what is the hype all about with PAIM though? Please give me your honest opinions where this company is going within the next month or after.....

I really think this stock is legit despite all the weird names and sandy winnick connections. If its all a lie well call me sally and whip me with jelly beans because the timeline all the PRs are on, and the DD i've done all match up really well. No loophole in any of it except this whole F/S deboggle, which is in the process of being straightened out.

Ive spent 6 months in the philippines so i know a lot is lost in the translation of cultures from time to time and some of they do have weird names.

I think the stock will run between the 7th and 17th but thats my novice guesstimate. After that I predict slow growth until the end of the 3rd quarter and beginning of the 4th quarter when this stock is pulling in its $300million in revenue.

Another thing is watch out for is PAIM is currently trying to get the permit for the rest of the 1800 hectares at the XYZ mining site. I think once they acquire it they could find additional deposits of gold. Most of the mines they work on are old abandoned mines that have been sitting there for years. That means there is less work to be done.

This company has no debt and expense costs should not be high since filipino labor is extremely cheap.

Literally and figuratively a friggen gold mine.
 
Posted by SuperSniper00 on :
 
Press Release Source: Pearl Asian Mining Industries, Inc.


Pearl Asian Mining Industries, Inc. Reports on Geological Exploration Studies Discovery of Additional 2 Tunnels: Now XYZ Gold Mine Has 6 Tunnels & 4 Trenches
Wednesday March 1, 8:30 am ET


PASIG CITY, PHILIPPINES--(MARKET WIRE)--Mar 1, 2006 -- Pearl Asian Mining Industries, Inc. (Other OTC:PAIM.PK - News) reports that the company hired the geological expertise of the renowned Mayon Geotech & Geo-Environment Services (MGGS), Inc. led by Engr. Gil J. Apuya Sr., founded 2 additional tunnels. XYZ Gold Mine Site now has a total of 6 tunnels and 4 trenches. The MGGS Team performed exploration and evaluation on the XYZ Mine Site to further determine the Gold Silver Deposits as well as the full potential installation of the Gold Mineral Processing Plant.
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Further activities included research work and collation of existing geological reports, acquisition of field supplies and materials, preparation of working maps and mobilization. The Gold Team coordinated with local officials and residents including recruitment of local residents as guides and laborers for trenching, test pitting, clearing, handling and transportation of samples and sampling. More detailed geological mapping of the area was reported on a 1:10,000 scale. The MGGS identified all outcrops, rock types, alterations and mineralization by megascopic identification. These activities included rock / ores sampling, exact plotting of encountered outcrops, mineralization and preparation of geological maps and sections. They cleared and channeled the samples from the old tunnels and dug pits. The trenching and test-pitting were delineated and traced the continuity of mineralization. The samples gathered were analyzed for Gold, Silver Copper, Lead, Zinc & the Platinum Group of Precious Metals (Au, Ag, Cu, Pb, Zn, Pt's.). All these collected information were interpreted. Two batches of samples of approximately 20 Kg of ores each batch were sent to KNELSON Company of Langley, British Columbia, Canada and ELSA Metals Company of Geneva, Switzerland for further laboratory analysis. The laboratory assay results done by Knelson, ELSA Metals, and the Ostrea Laboratory of the Philippines were utilized and confirmed the First Preliminary Assay Reports. These assay results gave the exact design for the gold concentrator plant & gold powder refinery, in which the plant design was based on the type and quality of the XYZ GOLD ORES. Additional activities besides the chemical laboratory analysis included Topographical Survey of the entire XYZ GOLD MINE SITE.

FORWARD 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 can cause actual results to differ materially from anticipated results include the risks and uncertainties such as; the 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.


Contact:
CONTACT:
Investor Relations
e-mail: IR*PearlAsianMining.com
URL: http://www.PearlAsianMining.com
PHONE: (866) 732-7888
FAX: (877) 317-4430



--------------------------------------------------------------------------------
Source: Pearl Asian Mining Industries, Inc.
 
Posted by DWE on :
 
It's funny how one day, tons of people are talkin' about PAIM. And today, there's hardly anybody here.
 
Posted by DIGDOUGH on :
 
Busy digging for the motherlode
 
Posted by fishfarmer on :
 
Im holding long on this one.
 
Posted by Thomas Mick on :
 
I could not phone them, email them, and therefore dumped my million shares. I really hate to loose money, but this smells to high heaven of fraud when you can't even get an email through to the company from their "official" address on the latest PR.

Perhaps I am wrong, but when the majority of activity on GOOD news is selling off at a loss, it appears that I am not alone-- jmho--!
 
Posted by DWE on :
 
It's March! When in March did you people say great things are going to happen with PAIM?
 
Posted by Teknical_D on :
 
I got a bounced message as well from the mail, I don't like that a PR announces a new IR manager yet he's not there yet. Either its premature or .. I won't mention the or yet. But I did get a response to my mail 1 hour or so later.
**************************************************************************************************
To: IR*PearlAsianMining.com
Subject: Upcoming Event (Split or dividend)
Date: Wed, 1 Mar 2006 06:51:05 -0800 (PST)


Good Morning,

I am a small investor in PAIM, and I'm curious about the "dividend" or forward split that's happening in March.
Can you please clarify what will be happening?

AS LONG AS YOU ARE THE RECORD HOLDER OF THE PAIM STOCK ON THE RECORD DATE OF AMRCH 17TH, 2006...YOUR BROKERAGE COMPANY AUTOMATICALLY SUBMITS THAT TO THE DTCC AND THE TRANSFER AGENT..YOU DON'T NEED TO CONTACT THE COMPANY....AS THE NASD WILL WORK WITH THE 3 AGENCIES MENTIONED ABOVE.. THE COMPANY PAY DATE IS SCHEDULED ON MARCH 31, 2006..

.HOWEVER THE NASD DECIDES THE EXACT X-DIVIDEND PAY DATES..AFTER THAT..IT IS ON THE HAND OF NASD...


Will the dividend be in preferred stock that will trade under a new symbol?

YES, I AM HOPING SO.. THE COMPANY IS WAITING FOR THE STATE OF WYOMING TO SEND TO US THEIR ACKNOWLDEGEMENT IN THE FORM OF REGISTRATION # WHICH IN TURN THE COMPANY IMMEDIATELY SENDS TO NASD & CUSIP DEPARTMENT TO BE ISSUED A SPECIFIC CUSIP # & SYMBOL..

THE COMPANY HAS NOTHING TO DO WITH THE ASSIGNMENT OF THE SYMBOL & CUSIP..THIS MAY TAKE 5-8 BANKING DAYS..

i sure hope that this will ahppen before the pay date..

Will the preferred stock be tradeable?
then perhaps that can get our preferred stocks tradeable too..

Thanks in advance,


YOU ARE WELCOMe!!


PAIM
 
Posted by DC Trade on :
 
DC's opinion...
this stock had a great bounce when it fell dramatically...
but these PRs, they don't make any sense, and they certainly don't say anything too concrete.
i think these people are trying too hard, and it seems like they don't know much about running a business. if they know something about digging up gold and selling it, then hopefully there is some $ to be made...
don't mean to bash, i just haven't touched this since i rode the bounce and sold... i haven't touched it mainly because their PRs don't make any sense (and if what they said is actually what they tried to say, there is going to be a HUGE amount of shares in the float).
 
Posted by DC Trade on :
 
sorry, i really don't mean to bash... honestly, i hope you guys make serious bank here...
also, i'm usually wrong [Smile]
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by Thomas Mick:
I could not phone them, email them, and therefore dumped my million shares. I really hate to loose money, but this smells to high heaven of fraud when you can't even get an email through to the company from their "official" address on the latest PR.

Perhaps I am wrong, but when the majority of activity on GOOD news is selling off at a loss, it appears that I am not alone-- jmho--!

I got an email thru to Pealasia last week. Took about 3-4 days for a response.
 
Posted by OnceApenny on :
 
Purchace a couple of M. * 0.0001.
At these levels I'm a golddigger without PAIN in the **s. Bashers has no chance, only pumpers.
 
Posted by SuperSniper00 on :
 
I have 14million shares. For every uptick I make $1400. Sounds good to me.
 
Posted by Graham Charitable Trust on :
 
.00
 
Posted by kryon on :
 
has anyone here actually sold this sucka at .0002 for that sweet 100% profit? lots of accumulation at .0001, but who wants it at .0002? by the way i'm a noob so pardon the noobiness...
 
Posted by SuperSniper00 on :
 
Look at the MACD. This should be a winner next week.
 
Posted by dale on :
 
at 16:19 somebody sold 130,000,000 shares of paim
 
Posted by dkinvest on :
 
They sold PAIM? SHAME!! I guess they were not TAME to stay in the GAME, for future riches and FAME. How freakin LAME.
 
Posted by SuperSniper00 on :
 
I'm sorry but that was pretty cheesy man.

However, it is a shame. One uptick and they make $13,000.
 
Posted by 7 of 9 on :
 
Pearl Asian Mining, Inc. (OTC: PRMN) is a “Junior Mining Company” that should be highly successful in its exploration activities for gold, silver, and other precious metals. The Company is primarily concentrating its efforts on the Islands of the Philippines, an area that has proven to be abundant with large deposits of easily accessible gold and precious mineral deposits. Additional exploration will be conducted in Southwestern British Columbia, Canada.

Due to the very productive history of the Company’s exploration areas, PRMN anticipates huge commercial success. As a matter of fact, the Philippines is ranked eighth in the world in terms of gold production and the Company has been approved to negotiate the acquisition of most of the abandoned gold mining properties around the Philippines Archipelago for further exploration studies, development, and production of gold, silver, and other precious metals. It’s a significant opportunity that should prove to be very rewarding to the Company, its employees, and shareholders.

Pearl Asian Mining Industries, Inc. is a Domestic Philippines Corporation, a Foreign Registered U.S. Corporation, and a duly Registered Canadian Corporation. The Company has assembled an exceptional staff of highly qualified mining engineers, geologists, and experienced business people and is now about to begin exploration activities.

It is noteworthy that the Philippines’ mining industry, which had been around for centuries, accounted for over 30% of the Philippines Islands’ GDP in late 1990! The country’s economy has been suffering in recent years and their government is now strongly encouraging the resumption of significant exploration and production activities.

As E. Pearlasia, CEO of the Company, stated, ‘This was, is, and will be ‘The Philippines Mining Project of this Millennium’"
 
Posted by J_U_ICE on :
 
prmn???
 
Posted by hurricanematt on :
 
I made tons when seven called this a while back,
I still hold a million shares and plan to sell at .01 or bust.
Thanks Seven

I keep waiting for seven to post a new thread on what he has found cause he does know what he is doing.

I love you Seven and it not the bottle speaking!

Im to close for rockets, Im switching to guns.
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by J_U_ICE:
prmn???

That was the old symbol PAIM traded under.
 
Posted by J_U_ICE on :
 
Thanks I realized that after I sent the reply. I was more wondering about the date of the pr
 
Posted by 7 of 9 on :
 
PAIM

I calculate that PAIM has dumped 4.5B shares in the last 5 trading days. They said 2 weeks ago that they were going to sell 5B shares in order to raise $1.5M US for mining expenses. I think they are still under 1M, but they recieved 500M shares of PYCT which they also dumped. Sorry PYCT guys.


hurricanematt

According to these calculations there is little time left to by shares at 1. Take note.

I think 97% of the trades in the last 5 days were from PAIM selling treasury shares.

Friday 3/3 may be the last day of dumping.

No f/s has been filed. It wont happen.


7


holding 72M * 1.5
 
Posted by derek111c on :
 
May be helpful


State of Emergency Lifted in Philippines 21 minutes ago



MANILA, Philippines - President Gloria Macapagal Arroyo lifted a week-old state of emergency on Friday, after her security advisers assured her that the threat of a coup has eased.

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Shortly before Arroyo made the annnouncement in a nationally televised address, two explosions hit near a police station and a shopping complex in a Manila suburb, but police said no one was hurt.

"I am happy to report that we have dismantled the sabotage efforts," Arroyo said. "I strongly believe that law and order has returned."

Arroyo declared the emergency last Friday to quash a coup plot allegedly involving disgruntled soldiers, communist rebels and civilian backers. On Thursday, the defense, justice and police chiefs said they would recommend lifting the decree because the situation was normalizing.

"It is important for our political opponents and the opportunists to stop this nuisance to our economy and embarassment to the Philippines caused by these useless charades," Arroyo said.

Opposition and civil activists have warned that political freedoms were being eroded.

Authorities have filed criminal charges against at least 51 opposition members, military personnel and others for trying to overthrow the president. They include five left-wing lawmakers who sought refugee at the House of Representatives and refused to be interviewed by police.

Civil libertarians, lawyers, businessmen and media groups have expressed concerns over a string of warrantless arrests, a ban on rallies and a raid on a critical newspaper.
http://news.yahoo.com/s/ap/20060303/ap_on_re_la_am_ca/philippines
 
Posted by SuperSniper00 on :
 
That shouldnt matter at all. Masbate is like 400 miles south of manila and would be uneffected even if there were a coup.
 
Posted by johnny14511 on :
 
im holding 350,000,000 shares at .0001 $35,000
You better belive im going to dump when this thing goes up....

IM going to route all my shares at .0002 with SCHB since im problaby the biggest order ill be the first MM on the ask at .0002


wooooooooooo
a flipper
 
Posted by 7 of 9 on :
 
johnny14511

im holding for $0.50

gold is for real man

the rest of the OTC is just vapors
 
Posted by DC Trade on :
 
in this morning... 7, i followed your lead last time on this...
if your calculations are right, they've only got around 25 million shares left to sell before reaching their 5 bil shares sold...
 
Posted by hurricanematt on :
 
I also bought shares this morning, Im with seven on this one.
 
Posted by dkinvest on :
 
Just bought 10,000,000 - Where will this be a month from now?
 
Posted by megahead34 on :
 
What is so good about PAIM? Can someone advise me, im considering picking up a couple million.
 
Posted by dkinvest on :
 
It is at the very bottom, it can only move up.
 
Posted by SincereX13 on :
 
What's good is the possiblility to make some money over the next few weeks. The company may or may not be legit... but they have claimed to have mines with huge amounts of gold and at least announced a huge forward dividend payment set for March 17th. The hopes are that this things runs before that date. This stock is the gamble of all gambles... don't buy in with money you cannot afford to lose.
 
Posted by megahead34 on :
 
Excuse my ignorance, what is a huge forward dividend payment?
 
Posted by SincereX13 on :
 
for every 1 share you own of PAIM they are going to give you 1000 preferred shares that will trade under a different symbol. This has been announced by the company but is not official yet.
 
Posted by megahead34 on :
 
Aaah ok. I think i'll pick up 2 million shares. Worth a gamble.
 
Posted by megahead34 on :
 
Nice, just went thru....lol
 
Posted by fishfarmer on :
 
Getting really close to the 25B sell!!!!! Ready to rock. Its another gold mine!!!!! Rollem. [Big Grin]
 
Posted by daytr8er on :
 
Ok just picked up a couple of million PAIM. Someone let me know when this hits .10 : )
 
Posted by megahead34 on :
 
What do you mean fishfarmer?
 
Posted by megahead34 on :
 
I was reading thru the PRs on this. What is up with this and PYCT?

I also don't understand how they can have a forward split if its at .0001

Someone please explain. Thanks.
 
Posted by DWE on :
 
quote:
Originally posted by SincereX13:
What's good is the possiblility to make some money over the next few weeks. The company may or may not be legit... but they have claimed to have mines with huge amounts of gold and at least announced a huge forward dividend payment set for March 17th. The hopes are that this things runs before that date. This stock is the gamble of all gambles... don't buy in with money you cannot afford to lose.

HERE WE GO AGAIN! AGAIN, TODAY, SOMEONE IS SAYING WE'LL HAVE A SPLIT ON THE 17TH OF MARCH. A FEW DAYS AGO, A WHOLE BUNCH OF PEOPLE HERE SAID THAT THE SPLIT ALREADY HAPPENED! WHAT'S THE DEAL HERE???? PEOPLE'S STORIES CHANGE EVERY MINUTE WITH PAIM!!! WHAT ARE THE TRUE FACTS!!!???
 
Posted by joejoe on :
 
I think this one is going to rock!!
 
Posted by megahead34 on :
 
This is what i read on yahoo. They say it will take effect on March 17.
http://biz.yahoo.com/bw/060213/20060213005575.html?.v=1
 
Posted by DWE on :
 
IT'S A DIFFERENT STORY EVERY WITH PAIM.

I HONESTLY DON'T KNOW WHAT'S WHAT ANYMORE WITH THIS COMPANY.

FIRST, THE FORWARD DIVIDEND IS SET FOR MARCH 17TH.

THE NEXT DAY, EVERYONE SAYS, THAT IT ALREADY HAPPENED AND IT'S NOT GOING TO HAPPEN ON THE 17TH.

THEN TODAY, SOMEONE AGAIN SAYS IT'S GOING TO HAPPEN ON THE 17TH OR MARCH.

I BET LATER ON, ANOTHER PERSON IS GOING TO SAY, NOPE, IT HAPPENED ALREADY.

I'M JUST GONNA WAIT TILL THE 17TH OF MARCH AND STAY AWAY FROM THIS THREAD TIL THEN.....
 
Posted by SuperSniper00 on :
 
DIVIDEND not SPLIT.

Still has to be filed. Hasn't happened yet.
 
Posted by Max Shrap on :
 
All of this is moot. They haven't even built the production facilities yet. They don't plan to be up and running 'til the last quarter of the year or sumtin.
 
Posted by SincereX13 on :
 
You need to read all of the pr's and read them in order. About 1 month ago the stock did a 1 to 1000 forward split and became PAIM. The company then put out a PR saying they were going to do a 1 to 1000 forward split after the date that the split actually occurred. This confused people b/c they though this meant a second forward split and people who bought into the company after the initial forward split thought they were going to get in on the second one. However, the company realized they made a mistake by issuing the PR after the FS had already happened. Because they felt bad about unintentionally misleading investors they decided to sort of honor a second foward split (its actually a dividend) by giving 1000 preffered shares for every share on March 17th. This dividend is not official yet by any means, but it has been announced by PearlAsia. These new preferred shares will not be traded under PAIM but under a different yet similar ticker. They will be worthless initially as their will be 30 trillion of them... I would gues a R/S of these preffered shares at some point if this whole thing actually even happens. Hope this helps some... You really just need to read through all of the PR's over the last month or two to get a full understanding!
 
Posted by pay up on :
 
I think people just don't know what they are talking about. The deal for forward shares was to already take effect.
Read the press releases on it.
It is explained in the link meggggahead posted
 
Posted by SuperSniper00 on :
 
All you need to worry about is in 2 weeks we all will have a 10 bagger.
 
Posted by DWE on :
 
I DON'T EVEN CARE ANYMORE... I'M JUST GOING TO GO FIGURE OUT.....

How much wood would a woodchuck chuck if a woodchuck could chuck wood?

AND WHEN I FIGURE THIS OUT, I'LL COME BACK TO THIS PAIM THREAD LATER DAYS.
 
Posted by Max Shrap on :
 
"PAIM "Operation Gold Finger" business is as usual and continues to be on target scheduled of its goal: to have the first gold production estimated to be in the last quarter of 2006."

"The customized Gold Processing Plant Design is almost ready to be constructed and built. The Chemical/Metallurgical Laboratory and Gold Refinery Facility is in its first phase of permitting and development. The schedule to commence production is still anticipated to be in late 2006 and early 2007."
 
Posted by DWE on :
 
I just found out woodchucks don't really chuck wood
 
Posted by shomethamoney on :
 
Hey DWE do you really think this thing has a chance at going to penny land??? hahaha to the bank!
 
Posted by DWE on :
 
quote:
Originally posted by shomethamoney:
Hey DWE do you really think this thing has a chance at going to penny land??? hahaha to the bank!

Hard to say but for PAIM, not anytime soon for a LONG while. But ANYTHING's possible for a microcap company. Sometimes, "miracles" do happen with these companies.
 
Posted by Max Shrap on :
 
Can you believe that dude put $35 thousand into this? 350 mil shares? His family better hide all the weapons in a couple weeks when the O/S is 30 trillion and his shares are worthless.
 
Posted by DWE on :
 
WHO PUT 35 GRAND IN PAIM?
 
Posted by Max Shrap on :
 
Johnny14511

"im holding 350,000,000 shares at .0001 $35,000
You better belive im going to dump when this thing goes up....

IM going to route all my shares at .0002 with SCHB since im problaby the biggest order ill be the first MM on the ask at .0002


wooooooooooo
a flipper"


quote:
Originally posted by DWE:
WHO PUT 35 GRAND IN PAIM?


 
Posted by Max Shrap on :
 
There aren't gonna be any revenues 'til the middle of next year. It is all debt for the rest of this year. Divide the debt by 30 trillion less than worthless shares. Everyone is gonna be on the ask. Who's gonna buy 350 mil shares?
 
Posted by megahead34 on :
 
I see all green, and this didn't move up one bit....lol
 
Posted by holdensteele on :
 
quote:
Originally posted by SincereX13:
You need to read all of the pr's and read them in order. About 1 month ago the stock did a 1 to 1000 forward split and became PAIM. The company then put out a PR saying they were going to do a 1 to 1000 forward split after the date that the split actually occurred. This confused people b/c they though this meant a second forward split and people who bought into the company after the initial forward split thought they were going to get in on the second one. However, the company realized they made a mistake by issuing the PR after the FS had already happened. Because they felt bad about unintentionally misleading investors they decided to sort of honor a second foward split (its actually a dividend) by giving 1000 preffered shares for every share on March 17th. This dividend is not official yet by any means, but it has been announced by PearlAsia. These new preferred shares will not be traded under PAIM but under a different yet similar ticker. They will be worthless initially as their will be 30 trillion of them... I would gues a R/S of these preffered shares at some point if this whole thing actually even happens. Hope this helps some... You really just need to read through all of the PR's over the last month or two to get a full understanding!

Dead on. I don't understand how or why this is so confusing for so many people on this board. This March 17 divy is clearly a make up for Pearl's mistake with the announcement of the previous f/s. The f/s took place at the same time as the symbol change, but people thought another f/s was coming, so the stock shot up from .0001 to around .001 before falling back to Earth. Like you, I would expect that at some point after the divy, a similar f/s will take place with respect to the preferred shares, thus making the overall O/S more reasonable.

It's amazing how many people on these boards spew all kinds of crap without even understanding a damn thing about what is taking place. The same people whining about PAIM are also asking what the difference is between a common and preferred share. JFC. Learn how to read before buying penny stocks.
 
Posted by SuperSniper00 on :
 
Actually the price shot to .001 because they released PR announcing 1.5 million tons of gold and silver were found, which is worth around $250-350million dollars. Not because of news about a F/S.
 
Posted by SincereX13 on :
 
quote:
Originally posted by holdensteele:
quote:
Originally posted by SincereX13:
You need to read all of the pr's and read them in order. About 1 month ago the stock did a 1 to 1000 forward split and became PAIM. The company then put out a PR saying they were going to do a 1 to 1000 forward split after the date that the split actually occurred. This confused people b/c they though this meant a second forward split and people who bought into the company after the initial forward split thought they were going to get in on the second one. However, the company realized they made a mistake by issuing the PR after the FS had already happened. Because they felt bad about unintentionally misleading investors they decided to sort of honor a second foward split (its actually a dividend) by giving 1000 preffered shares for every share on March 17th. This dividend is not official yet by any means, but it has been announced by PearlAsia. These new preferred shares will not be traded under PAIM but under a different yet similar ticker. They will be worthless initially as their will be 30 trillion of them... I would gues a R/S of these preffered shares at some point if this whole thing actually even happens. Hope this helps some... You really just need to read through all of the PR's over the last month or two to get a full understanding!

Dead on. I don't understand how or why this is so confusing for so many people on this board. This March 17 divy is clearly a make up for Pearl's mistake with the announcement of the previous f/s. The f/s took place at the same time as the symbol change, but people thought another f/s was coming, so the stock shot up from .0001 to around .001 before falling back to Earth. Like you, I would expect that at some point after the divy, a similar f/s will take place with respect to the preferred shares, thus making the overall O/S more reasonable.

It's amazing how many people on these boards spew all kinds of crap without even understanding a damn thing about what is taking place. The same people whining about PAIM are also asking what the difference is between a common and preferred share. JFC. Learn how to read before buying penny stocks.

Thank you... it drives me crazy having to see this explained at least twice a week. It is all laid out in the PR's.
 
Posted by Max Shrap on :
 
THAT PR didn't mention that they aren't gonna have ANY that "treasure" out of the ground 'til 2007.


quote:
Originally posted by SuperSniper00:
Actually the price shot to .001 because they released PR announcing 1.5 million tons of gold and silver were found, which is worth around $250-350million dollars. Not because of news about a F/S.


 
Posted by holdensteele on :
 
quote:
Originally posted by SuperSniper00:
Actually the price shot to .001 because they released PR announcing 1.5 million tons of gold and silver were found, which is worth around $250-350million dollars. Not because of news about a F/S.

It's impossible to know for sure, but since the the brief rollercoaster ride in PAIM's price correlated with the announcement of the f/s clarification, I tend to think that is the reason. After all, the claim of the discovery has not since changed, but we're back to .0001.
 
Posted by tyleemary on :
 
quote:
Originally posted by holdensteele:
quote:
Originally posted by SincereX13:
You need to read all of the pr's and read them in order. About 1 month ago the stock did a 1 to 1000 forward split and became PAIM. The company then put out a PR saying they were going to do a 1 to 1000 forward split after the date that the split actually occurred. This confused people b/c they though this meant a second forward split and people who bought into the company after the initial forward split thought they were going to get in on the second one. However, the company realized they made a mistake by issuing the PR after the FS had already happened. Because they felt bad about unintentionally misleading investors they decided to sort of honor a second foward split (its actually a dividend) by giving 1000 preffered shares for every share on March 17th. This dividend is not official yet by any means, but it has been announced by PearlAsia. These new preferred shares will not be traded under PAIM but under a different yet similar ticker. They will be worthless initially as their will be 30 trillion of them... I would gues a R/S of these preffered shares at some point if this whole thing actually even happens. Hope this helps some... You really just need to read through all of the PR's over the last month or two to get a full understanding!

Dead on. I don't understand how or why this is so confusing for so many people on this board. This March 17 divy is clearly a make up for Pearl's mistake with the announcement of the previous f/s. The f/s took place at the same time as the symbol change, but people thought another f/s was coming, so the stock shot up from .0001 to around .001 before falling back to Earth. Like you, I would expect that at some point after the divy, a similar f/s will take place with respect to the preferred shares, thus making the overall O/S more reasonable.

It's amazing how many people on these boards spew all kinds of crap without even understanding a damn thing about what is taking place. The same people whining about PAIM are also asking what the difference is between a common and preferred share. JFC. Learn how to read before buying penny stocks.

By the way, what is the dif. ?
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by holdensteele:
quote:
Originally posted by SuperSniper00:
Actually the price shot to .001 because they released PR announcing 1.5 million tons of gold and silver were found, which is worth around $250-350million dollars. Not because of news about a F/S.

It's impossible to know for sure, but since the the brief rollercoaster ride in PAIM's price correlated with the announcement of the f/s clarification, I tend to think that is the reason. After all, the claim of the discovery has not since changed, but we're back to .0001.
You're wrong. I bought PAIM at .0004 originally. The next day a 2pm Feb 8th, this was the PR that drove PAIM all the way to .002.

"Press Release Source: Pearl Asian Mining Industries Inc.


"Pearl Asian Mining Industries: Significant Gold and Silver Deposits Discovered at the XYZ Gold Mine: Geologist Recoverable Yield Estimate 1.5 Million Tons, an Average Grade of 6.34 Grams/Ton Gold (AU) and 37.24 Grams/Ton Silver (AG) in 20 Hectares Only
Wednesday February 8, 2:02 pm ET
Estimated Gross Value of $327,930,000.00 at $500.00/Ounce of Gold and $19,444,300.00 at $8.00/Ounce of Silver "

Then came the news about the F/S which caused the price to go down. People got weary about names like Sandy Winnick and E. Pearl Asia. PAIM started dumping shared and it went to .0001.
 
Posted by DWE on :
 
I'M WITH PAIM ALL THE WAY.....! I WANT MY 33 BILLION PREFERRED WORTHLESS SHARES! [Big Grin]
 
Posted by megahead34 on :
 
looks like we had record volume today. Nice!
 
Posted by DWE on :
 
IF I DO END UP GETTING 33 "BILLION" PREFERRED SHARES, I'LL FEEL LIKE A BILLIONAIRE BUT A "WORTHLESS" ONE. [Big Grin]
 
Posted by hurricanematt on :
 
I'll be hold 1,100,000,000 shares if all goes are a go.
 
Posted by DWE on :
 
ANY POSSIBILITIES OF SELLING ALL THESE "PREFERRED" SHARES OFF IMMEDIATELY ONCE YOU GET EM??? I WONDER HOW HARD THAT'S GOING TO BE.....
 
Posted by 7 of 9 on :
 
this is all pure risk.

PAIM is for pros only.

If PAIM produces bars of pure gold, it will be retirement for 7 and her 82M shares.

Buy PAIM on a lark, the future is nothing but fog.
 
Posted by megahead34 on :
 
Yea, it seems like this would be nice for long term.
 
Posted by derek111c on :
 
Threw a few buck in for a long shot. Guess I did not learn my lesson with CMKX
 
Posted by hurricanematt on :
 
quote:
Originally posted by 7 of 9:
this is all pure risk.

PAIM is for pros only.

If PAIM produces bars of pure gold, it will be retirement for 7 and her 82M shares.

Buy PAIM on a lark, the future is nothing but fog.

So how are the pros going to play this one Seven?
What do I need to know
 
Posted by Max Shrap on :
 
I thought 7 was a dude.
 
Posted by Max Shrap on :
 
There aren't enough idiots on this planet that will be willing to buy the TRILLIONS of shares that are going to be bottle necked on the ask.

quote:
Originally posted by DWE:
ANY POSSIBILITIES OF SELLING ALL THESE "PREFERRED" SHARES OFF IMMEDIATELY ONCE YOU GET EM??? I WONDER HOW HARD THAT'S GOING TO BE.....


 
Posted by DWE on :
 
IT DOESN'T MATTER... I'LL STILL FEEL LIKE A BILLIONAIRE WITH MY "GO NOWHERE" 33 BILLION WORTHLESS "PREFERRED" SHARES. [Big Grin]
 
Posted by DWE on :
 
I'LL JUST NEED TO BUY 33 BILLION "FOR SALE" SIGNS, ONE SIGN FOR EACH SHARE I'M GOING TO SELL.

OR MAYBE I'LL SELL MY SHARES AS A "LOT" ON eBay.
 
Posted by 7 of 9 on :
 
Golden opportunity
Commentary: The case for $1,000 an ounce

By Kevin Kerr, MarketWatch
Last Update: 12:01 AM ET Mar 1, 2006

NORWALK, Conn. (MarketWatch) -- All eyes are on gold, not Olympic gold, real gold -- with the yellow metal hitting 25-year highs, technical "buy" signals have been going off all over the place.
The questions investors have to ask themselves now are: "Is it too late to buy? And what do I buy?"
It's clear that fundamental forces are lining up to push gold to $600 an ounce very quickly, $640 and well beyond. That makes any short-term pull-back, if there is one, a buying opportunity.
There are many forces driving gold higher, here are a few.
The supply-demand gap
Global metals exploration spending fell sharply to $1.9 billion in 2002 from $5.2 billion in 1997. It's back to an estimated $5.2 billion this year. But the lack of past spending has caused a large exploration and development gap. It can take seven to 10 years to bring a new mine online.
So now is a good time to snatch up the mining stocks that will benefit most from this lag, Newmont Mining (NEM :
Newmont Mining Corporation
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NEM53.27, -0.88, -1.6% ) for example.
Begging to unpeg
The U.S. and other leading Western industrialized nations are putting pressure on China to de-peg its currency from the dollar.
It may not be such a good idea though. China buys U.S. Treasuries by the fistful to keep its currency pegged -- in fact, U.S. dollar assets account for over three-quarters of Beijing's more-than $818.9 billion in foreign reserves. If China unpegs its currency, it won't have to buy those Treasuries anymore. China could instead substitute and buy something of real value -- like gold.
The U.S. needs to attract over $2 billion per day in foreign funds to keep the value of the dollar stable. All China has to do is buy fewer U.S. Treasuries and it will start pushing the dollar down faster then Donald Trump can say "you're fired."
And since gold is priced in dollars, as the greenback tumbles, that should send gold much higher.
Inflation nation
Gold may top a record $873 an ounce during the next three years because the U.S. will be unable to check inflation caused by explosive growth in China and India.
Traditionally, some investors buy gold to hedge against growing inflation. Look at history. Gold futures surged to $873 an ounce in 1980, when U.S. consumer prices gains rose into the double digits, more than 12 % from the previous year.
Everybody thinks inflation is going to stay around 2%. I highly doubt it. Inflation, excluding food and energy, will probably rise 2.4% by the fourth quarter of 2006 from Q4 2005, up from a 2.1 % gain a year earlier, according to a survey by the National Association for Business Economics found.
Petrodollars are pouring into gold
Gold demand in the Middle East rose 11% in the third quarter of 2005. Now, the U.S. Energy Department forecasts that the oil revenues of the Organization of the Petroleum Exporting Countries (OPEC), which controls 40% of the world's oil supplies, will hit a record $522 billion this year.
That's an increase of 10% -- a new record -- and even adjusted for inflation, that's the highest level in a quarter century! Even if only a small fraction of those funds pour into the gold markets it will cause gold prices to surge.
Iraq is teetering on the edge of civil war and the Iran situation over nuclear weapons grade uranium remains volatile. The combination could send Persian Gulf sheiks rushing into the gold markets to buy more gold.
Best ways to buy gold
Nowadays there are many ways to add gold to your portfolio. The best ways remain the same: gold stocks such as Newmont, Drdgold Ltc. (DROOY :
drdgold ltd sponsored adr
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ABX28.06, -0.12, -0.4% ) .
Worldwide gold production last year had the largest decline in 39 years, according to the World Gold Council said. Demand in India, the world largest consumer, rose 47 % last year, and 14 % in China, the world's fastest growing economy. The decline in output will likely continue for another few years simply because the industry didn't put money back into the ground when the gold price was languishing. And with demand surging everywhere those already established producers will benefit the most.
Another investment vehicle is gold futures and options, my personal favorite. For example in three of my portfolios I own June 610 gold calls, I picked them up relatively cheap and even through all the volatility of late they have remained relatively constant. All it would take is an event similar to the recent attempted attack on a Saudi oil facility and gold would take off.
If your thing is to hold the actual gold in your hand then numismatics (coins) or bullion are the way to go. Fixed costs associated with these approaches make them unattractive to me as a trader but it's a good way for some.
And lastly ETF's are an easy way for an investor to get involved in the gold market with ease and a bit less volatility then futures.
If you are convinced as I am that gold is most certainly moving to the next pricing level, then the only thing to decide is what is the best vehicle to use for the ride there. Gold may be near is highs for this move, but $600 could look like a bargain in a few years if events unfold in this always uncertain world.
 
Posted by OnceApenny on :
 
Yeah, thats why I'm in PAIM. See it as a long cheap Call without expiration date.
 
Posted by joejoe on :
 
Agreed!
 
Posted by dkinvest on :
 
I'll admit, I'm a sucker cause I gotta a cool Grand in this MF'r.

But with each uptick, I'll make another Grand.

.0001 - $1,000
.001 - $10,000
 
Posted by ohio_trader on :
 
I sold all but 1 million last week ( wil keep as a novelty)...this is a dawg for now.. avery longterm play...$$$ better spent on CWFG, RSHN, or day trading USXP


***do your homework***

have a good weekend !
 
Posted by SuperSniper00 on :
 
This wont run this week...but it will next week. This is gonna pay off bigger than RSHN.

RSHN is at .001, it has to get to .01 for you to make the same amount of money as if this goes from .0001 to .001. Its a lot easier to make it to .001 then .01.
 
Posted by Raytrader on :
 
well I had 750k shares left of PAIM and decided to dump it and put my $75 elsewhere but low and behold once I sold it I got $3 back.....so thank you PAIM you cost me alot of bank.......so be carefull guys when you go to sell this company is diluting its share value so you may be better off ~holdin and hopin~....but im off the PAIM train perhaps I got off at the Crapville stop. But good luck to you guys hope it takes you to better places.
 
Posted by Raytrader on :
 
if your into gold GWGO may be worth you all lookin into
 
Posted by SuperSniper00 on :
 
Apparantly you lack patience. We told you they were diluting and selling stock. Selling to fund projects is a good thing. The company has no debt and wont have any debt. Just wait till the 4th quarter quarterly report says $200million in revenue. stock isnt going to go up with 5 billion being dumped...thats why you buys now when its .0001....too many of you guys buy in halfway thru a run or at the top and lose your ass...selling has stoped and accumilation has begun. thats a good thing...also remember this thing was also probably shorted, i'd like to see the MMs cover those billions of shares when this starts to go up

GWGO? lmao how much gold have they found? oh yeah thats right....ZERO. apparantly they are so bad at the gold business they are trying to buy other gold mining companies which are probably crap, which is why they are being sold!

How much has PAIM found?? Oh yeah thats right they found 1.5 million tons of it and are in the process of mining it. not only that, they are building their own facilities to refine it!
 
Posted by tyleemary on :
 
I wish I had bought DEZ a year ago. It was .87, and is now about 5.50.

Had a 2K and almost bought. Oh well.
 
Posted by SuperSniper00 on :
 
DEZ nutz!!
 
Posted by Jay T on :
 
LoL!
 
Posted by tyleemary on :
 
quote:
Originally posted by SuperSniper00:
DEZ nutz!!

Yeah right.I know it sucks to see a stock that actually moves!
 
Posted by SuperSniper00 on :
 
From ihub...


"Please Note:Founder & Chairman E. Pearl Asian

will talk live to all shareholders on Wednesday March 8th from 3:00-3:30 pm eastern on Traders Corner

http://traderscorner .********s79.com/index.cgi "


http://traderscorner.********s79.com/index.cgi?action=search2&search=paim&match=1&whattosearch=1&user=&checkall=on&board-scam=1&board-fame=1&board-paim=1&board-tickers=1&board-news =1&board-joke=1&board-polls=1&board-disclaimer=1&board-rules=1&board-know=1&board-problems=1&subject=1&message=1&hours=0&days=7&maxresults=10&viewtype=1
 
Posted by mr money on :
 
Anyone no the outstanding and and the authorized shares on this stock?
 
Posted by daytr8er on :
 
PAIM 1.5 million tons is alot of gold. When do u guys think this stock will start to move up?
 
Posted by jellybean on :
 
VERY SOON!!!! WE WILL SEE .0006 VERY SOON!!! Might be this week. Might reach .01 by end of month.
 
Posted by DWE on :
 
Wondering if we'll see 0.0002 or higher this month.....
 
Posted by DIGDOUGH on :
 
Hang on i'll give my astronomer friend a buzz. JK

quote:
Originally posted by mr money:
Anyone no the outstanding and and the authorized shares on this stock?


 
Posted by madmoney on :
 
quote:
Originally posted by DIGDOUGH:
Hang on i'll give my astronomer friend a buzz. JK

quote:
Originally posted by mr money:
Anyone no the outstanding and and the authorized shares on this stock?


authorized shares - unlimitted, outstanding shares - 30+ billion with 5+ billion in the public float as of 1/31/06
 
Posted by SincereX13 on :
 
Interesting post over at IHUB...

greetings to all PAIM shareholders-please allow me to introduce myself. My name is Richard C Miller . I am the Investor Relations Person for PAIM. I will tell you upfront I don't usually read these boards -Why because everyone should do their own Due Dilligence & decide for themself if they want to buy PAIM stock. I don't let others do my homework.I BELIEVE in Pearl & PAIM 110% or I would never have bought in , never mind working for them. I invite all who want to come to the live chat March 8th at http://traderscorner.********s79.com between 3-3:30 est.I will be traveling to the MINE sometime in APRIL or MAY
to see 1st hand what is there & will be taking pictures for the shareholders to see.I simply ask you Give Pearl & Paim a chance .
IF you are convinced its a fraud or scam ,sell it ,write it off & move on with your lives.Life is to short. hope to see you there. Administrator I thank you for the chance to speak here on your board.Regards Rick C
 
Posted by dkinvest on :
 
jelly,

"Might reach .01 by end of month"

Are you kidding me?
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by dkinvest:
jelly,

"Might reach .01 by end of month"

Are you kidding me?

I think .001 is more realistic. I'm hoping it starts printing 2s by the end of the week.
 
Posted by tyleemary on :
 
quote:
Originally posted by jellybean:
VERY SOON!!!! WE WILL SEE .0006 VERY SOON!!! Might be this week. Might reach .01 by end of month.

And you have the inside track I 'spose. I love when you guys think you know a stock will move to a certain level by a certain time.
 
Posted by jellybean on :
 
Anything is possible with penny stocks. Paim could fly to .01 this month. When the preferred stock is issue there will be buying from big money boys. Maybe the preferred stock will pay a good dividend. There is a lot of gold to be mined. Richard Miller will have the answers very soon. When it reaches .01 I will retire from the penny stocks.
 
Posted by jakeo on :
 
Can anybody verify the post by Richard C on Ihub? I've never heard of an investor relations rep to do that, and it would be interesting to see if someone could get in touch with him via email, or telephone to confirm that post.
 
Posted by 30CentRunner on :
 
This stock is so diluted...ouch...

Be at .0001 forever. Not bashing, just saying sell and buy RSHN.....

PBLS is big $$ maker down the road here...

XKEM also would be a wise investment...

[Big Grin]
 
Posted by SincereX13 on :
 
Please just leave this thread to PAIM, we have seen your recent enthusiasm for other stocks elsewhere. No need to spam your picks in every thread.
 
Posted by 30CentRunner on :
 
No spam here friend. My enthusiasm and constant craving for researching for winning stocks has left me no other choice but to post my opinions and stocks I think WILL indead go way higher. This one will not. I wish all of the investors in PAIM much luck. I just think it is just a toilet of a pick. TOO MANY SHARES OUT THERE. Just a dump to dump your hard earned cash in. Hey, hope for whatever and bash me again and again. It does nothing..just like you will see on this toilet stock. Put your $$ elswhere that's all I'm saying. Pick your own stocks dude. Just trying to help.

Good luck to all. Let's all become rich.

[Big Grin]
 
Posted by joejoe on :
 
Jellybean...WHEN it reaches $.01, I'll retire from pennystocks with you!!
 
Posted by DIGDOUGH on :
 
I thought this interesting from the above gold article.
"It can take seven to 10 years to bring a new mine online."

I guess thats not the case with Pearl.I'll be looking forward to seeing the pictures that the PR guy brings back. Pearl is supposed to be up by the end of the year.
 
Posted by 7 of 9 on :
 
PAMI improvements will increase the monthly gold production from its current 31-40 kilos to over 1,000 kilos

Have u geniuses been to the PAIM web site?
Ive seen a lot of pinkie web sites, and all the rest were total crap.

http://www.pearlasianmining.com/masbateXYZ.html


Concerning the number of shares:

Today I tried to find out the OS of RSHN. Such a great stock. Yahoo says 50m, but pinksheets says 1B OS. I called "X-Clearing" to find out the OS of RSHN. "X-Clearing" is no longer the ta. Neither the OS or the xfer agent is known for rshn, and im long this one. (Rshn has a crap web site.)


Masbate XYZ Mine- "Operation Gold Finger: The Baleno Gold Project"

The Masbate mine is an example of the small-scale "Mom & Pop" mines ran by Philippine families throughout the 7,000 islands. The normal operation usually will require the effort of several families, and the process is as follows:

Ore is hand dug from the mine site and brought to the processing area by caribou-drawn sleds. Once received at the processing area, workers manually break up and crush ore-containing rock in preparation for the wining process. The solutions for the wining process are placed in hand-made barrels and carted to the processing area. These solutions are then hand-mixed for the wining process. (See picture. It depicts a Philippine worker doing manual separation of ore within the cyanide solution utilizing a pan.) Once separated, a manual process segregates the gold from other ores, which is then taken to a refinery as small "beads" for further processing.

This process is specifically geared for the production of gold and other metals that are left in tailings from the operation. It has been identified that over two times the resulting gold production is discarded in silver alone amongst these tailings.

PAMI is developing a facilities plan for the Masbate mine and others like it. Once implemented, the PAMI improvements will increase the monthly gold production from its current 31-40 kilos to over 1,000 kilos. This increase in productivity not only benefits the mine owners, but the local communities as well.

The new operation will require employment of over 10 times the current number of mine workers. Improvements in local infrastructure necessary to accommodate the new operation will all enhance the accessibility of local communities. Increases in job will necessitate additional facilities for provisions and generate new housing.
 
Posted by Gurgle Smurf on :
 
Uhm.

Is the price per share of this stock going to be worth more than the actual amount of gold in the ground if it hits .01 or .001 ?

I personally have $950.00 in this = 9,500,000 shares. A couple of people on here have $3000.00 in this, $200.00 in this, etc. Now if you were to add up, collectively, all of the shares that members of this forum have of PAIM ... AND speculatively add in the number of shares that readers (not posters) in *just this forum ALONE* own of PAIM ...

That's some serious money invested. Now, if PAIM hits big, which is might, then will PAIM's shareholders have more money in PAIM's stock than what is in the gold reserve to begin with ?
 
Posted by 7 of 9 on :
 
holding 92m shares


E. Pearl Asian
Founder/Chairman
A true visionary. Pearl Asian is the leading force behind Pearl Asian Mining Industries, Inc. Her ambition and drive is helping to realize the potential of valuable mining properties that have been under-developed and under-utilized for decades. She is focused on providing a profitable return for investors, coupled with her humanitarian mission, to assist in providing sustainable jobs, the gift of education for the under-privileged children, healthcare benefits for the people and environmental protections of the communities. It is also her vision to make Pearl Asian Mining Industries, Inc. as the “Model” for all mining companies in the Philippines; as the “Pioneer” to make use and leverage the involvement of the communities, the local and international NGO’s (Non-Governmental Organization), to participate in the development of the Philippines Mining Industries and to become as the One "A-Team" to help sustain the economic stability, community involvements and environmental protections of the Republic of the Philippines. In 2003, Pearl has taken a "mom and pop" mining operation in the Philippines to a fast growing multi-national gold mining company.
 
Posted by DIGDOUGH on :
 
These PAMI guys must be the greatest in the world at the acquisition of mines. It sounds tremendously good. I have trouble wondering why such resources could be left dormant for so long. And so much, if you catch my drift. I wonder if they have any spares, i'll go open one too. I'm not bashing, but think about it, how people are and have been aggressive in finding gold claims. People have been killed for much smaller things.
It looks like this is about to become one rich company, according to the info on the website.
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by DIGDOUGH:
These PAMI guys must be the greatest in the world at the acquisition of mines. It sounds tremendously good. I have trouble wondering why such resources could be left dormant for so long. And so much, if you catch my drift. I wonder if they have any spares, i'll go open one too. I'm not bashing, but think about it, how people are and have been aggressive in finding gold claims. People have been killed for much smaller things.
It looks like this is about to become one rich company, according to the info on the website.

Have you been to the philippines? I have, for 6 months. The country is extremely underdevloped. Its really bad. The worst provinces in the country are compared to the worst areas in Africa.

The mines haven't been active because a lot of the people there dont realize the value of them. The disparity in the country between the rich and the poor is huge. The wealth is sitting in the hands of a very few. If they dont want to mine...how can they raise the money to get the equipment to mine it?? These sorts of projects requires investment backers to pay for all this stuff. They also were put under a mandate of the government to NOT mine them. GMA gets elected in 2004 and reopens the mining industry in the country where you now see paim acquiring old abandoned mines in the country.

Do you DD before you start to judge.
 
Posted by SuperSniper00 on :
 
I found something but Im not sure what its all about. I need help guys.

PGMC.PK its owned by PAIM. Not sure if it is has or is going to be publically offered (IPO) in the future?

http://www.***********************.com/c/PGMC/index.html
 
Posted by SuperSniper00 on :
 
those *** are "stock information systems" with no spaces, stupid blocker...


Overview



Pearl Asian Mining Industries Inc. (PAIM) / Philippines Gold Mining Corporation (PGMC) owns

1. PAIM owns 100% of the 12 gold mining claims located in the Vancouver Island of British Columbia, Canada;

2. A free and clear 21+ acres of Hawaiian Lots located in the Hawaiian Ranchos Estate Subdivision located of the Big Island of Hawaii.

3. 500,000,000 Common Shares of Mellon Research, Inc. (MLON Stocks) booked value of $5,000.00.

4. PGMC owns up to a maximum of 20% of the Net-Equity Revenue Shares Interest of the Pearl Asian Mining Industries, Inc. -Philippines.

5. PAIM owns 100% of the Mining OPERATING Agreement (MOA) with the Pearl Asian Mining Industries- Philippines, commonly know as *Pearl Asian" is the local tenement holder of the Mineral Claim in Masbate Island, Philippines.

Pearl Asian is a Philippine Corporation duly registered in the Securities & Exchange Commission which has 100% interest ownership of the Mineral Production Sharing Agreement (MPSA) located in the Municipality of Baleno, Island of Masbate, Philippines. MPSA is the equivalent to the Gold Mining Claims Rights of the US & Canada.

Pearl Asian / Philippines Gold (PGMC) are committed to work and partner with the Philippines Government to acquire abandoned mines with known and proven gold reserves, untapped for centuries.

Furthermore, Pearl Asian / Philippines Gold will be involved in providing products and services targeting the small scale miners in order to create orderly and sustainable job opportunities; extract and produce gold, silver & other mineral products; which promotes the growth of this newly-born mining revival industry of the Philippines. This small-scale mining is a community livelihood economic base that covers 1% of the total Philippines gold mines and a substantial amount of gold production output. This mineral wealth has been stagnant and un-tapped for over a decade.



Executive Summary-Pearl Asian Mining (PAMI/PGMC)


The XYZ Mineral Deposit which is located in Barangay Cancahorao, Municipality of Baleno, Province of Masbate, Masbate Island, Philippines is considered a widely mineralized area and identified as a major deposit of gold and silver and reasonable copper. It has been explored by several known mining and geological institutions such as the Atlas Consolidated Mining Development Co. (ACMDC), a local mining company that operates the Masbate Gold Operations in Aroroy, Masbate during the 80’s and 90’s whose mining site is further north of the claim area and by the RP-JICA, a joint Philippine-Japan Geological Institution which indicated the area to be highly altered and well mineralized and presence of precious metals such as gold, silver, copper including titanium is noticeably abound. The area was known to have been mined by “coyote” or rough method during the pre-war time as evidenced by a number of working tunnels uncovered in the area and past historical data gathered from local residents.

Pearl Asian Mining Industries, Inc (PAMI) a wholly owned Filipino mining company became interested of the mining area in year 2004 and filed a Mineral Production Sharing Agreement (MPSA) application covering an area of 72 hectares on the XYZ Mineral Deposit whose application is now nearing approval by the Department of Environment and Natural Resources-Mines and Geosciences Bureau (DENR-MGB). A Small Scale Mining Permit issued by the Provincial government covering 20 hectares inside the 72 hectares application was granted for the purpose of assuring the hold of the company, to initially start geological investigation and to be able to start a modest operation until such time that the MPSA is granted. Two Exploration Permit applications (EPA) at the north-northeast of the same mineral area were also applied thus increasing the tenement portfolio of the company at 2,000 hectares. PAMI conducted two field geological investigations over the 20 hectares area of the MPSA application and a total of 123 samples at surface and outcrops were collected. During the conduct of the exploration, 4 tunnels were found which were partly inspected while 5 old trenches were also uncovered. From the surface and outcrop samples collected a grade up to 94 grams gold per ton of ore and up to 608 grams silver per ton of ore were analyzed. These interesting results have encouraged the company to the point that a second exploration program was made. Two more tunnels and six more old trenches were found. These geological activities include only a semi-detailed geologic mapping, topographic mapping, trenching and channel sampling and plan has been programmed to rehabilitate and explore the uncovered tunnels whose entrance is difficult to access due to collapsed portals. A more detailed Geological Report can be made available for reference.
From these geological findings, a resource/reserve estimate was calculated and finally a more realistic data was obtained using polygon approach and with several considerations taken hence defining the estimate on the basis of three (3) categories, measured, indicated and inferred.

The resource estimate was further refined and a mineable reserve was produced using geologic reserve interpellation. The first mining plan that was envisaged was the inception of a small-scale operation between 50 to 100 tpd of gold ore using a conventional cyanidation process from a mineable resource of 327,000 tonnes (measured + indicated resource) grading at 6.34 gpt Au and 37.24 gpt Ag. Mining method applicable would be a combination of selective open cast/trenching method and sub-level caving method. This gave a Capital requirement of $1.4 million dollars using second hand equipments. This project is quite robust, economically viable and showed interesting return of investment with a Net Income before tax of $2.15 million after the three years of operations. The Philosophy of the company is to commence mining whatever viable reserve is available and continue with exploration which would be financed internally to increase the resource since the potential of the area is overwhelming.

The project can be implemented over a 5 months period of construction and development upon firm availability of Capital.
 
Posted by SuperSniper00 on :
 
http://www.mb.com.ph/archive_pages.php?url=http://www.mb.com.ph/issues/2006/03/02/BSNS2006030257542.html
 
Posted by SuperSniper00 on :
 
http://www.dlsu.edu.ph/offices/sps/ocs/jobpostings/11_25_05.asp


Job postings for the mining operations.
 
Posted by shomethamoney on :
 
Please save yourselves from this unraveling mess. At only .0001 this stock will never run. MM's and others will keep it down. Do your own DD but diluted shares to many to count and people trying to pump it just to get the price up. Look at RSHN they are trying to bash it Super Sniper for one. He wants to get people into this stock, don't believe me check through the posts. He is a pumper and dumper. Better beware and do your DD on this one folks. 7 of 9 in the same boat look through RSHN and see their bashing posts there. They talk like they're your friends but they are pumpers and dumpers.
 
Posted by cactus33 on :
 
your gonna need pcce volume to make $ here.

and pcce was the volume leader today...

IMO bail PAIM and go to pcce and ddsi instead..

do it quick or it's gonna be to late to join the party

IMO
 
Posted by JoeMillion on :
 
shame shame on you = SuperSniper00 and 7 of 9


Joe
 
Posted by SuperSniper00 on :
 
pump and dump? I'm doing DD, trying to figure out whats going on with PAIM and RSHN. Showmethemoney im glad you came to this thread to bash me and 7 of 9 because we just want to know the facts before investing.

Please grow up.

As far as dilution...it might not be as bad as we think. If the O/S is 30 billion, I doubt that is the amount floating around to buy. PGMC alone owns 20% of the shares of PAIM. That is 30 billion - 6 billion...now we are only at 24 billion shares. Assuming PAIM is probably going to own shares themselves, probably somewhere between 50-70% that would leave us with between 12 and 16.8billion shares floating around.
 
Posted by SuperSniper00 on :
 
~~!!********* NEW PR *********!!~~


Press Release Source: Pearl Asian Mining Industries, Inc.


Pearl Asian Mining Industries ''Operation Gold Finger'' April, 2005 Reports: XYZ Gold Project Showed an Estimated Ore Reserve of over 2.4 Million Metric Tons of Gold & Silver
Tuesday March 7, 6:00 am ET
US $60,285 Per Day X 360 Days Per Year Operation = $21,702,600.00 Estimated Annual Gross Revenue


PASIG CITY, Philippines--(BUSINESS WIRE)--March 7, 2006--Pearl Asian Mining Industries, Inc. (OTC:PAIM - News) reports: The XYZ Gold Project (Town of Baleno) is located in Barangay Concahorao, Baleno, Province of Masbate. The area is app. 25 miles southeast of the known Masbate Gold Operations of the former Atlas Consolidated Mining and Development Corporation in Aroroy, Masbate Island. The Masbate Island is approximately 2,530 square miles and is populated by Small Scale Miners in every part of its territory with a total production of 6 to 8 kilos (estimated 257.21 ounces) of gold per day equivalent * $500 / ounce = $128,605.00 USD daily.
ADVERTISEMENT


This is a Pre-World War II Gold Mining Area with numerous gold vein tunnels that assay shows average of 15 grams to a high of 90.37 grams per ton of gold and 533.6 grams per ton of silver, plus other minerals like molybdenum and zinc. The initial exploration showed an estimated 1.5 million metric tons of gold & silver reserves. The Baleno XYZ Gold Project workings indicate a good potential of the area, thus continuous exploration was made by private mining companies during the 1970's and the 1980's including the RP-JICA Project in 1988.

Pearl Asian Mining hired Mayon Geotech and Geo-Environmental Services which have conducted a geological survey of the area last December, 2004, and semi-detailed to detailed exploration survey last April, 2005. The semi-detailed to detailed exploration survey works included rehabilitation of old tunnels, rehabilitation of old and new trenches. Series of quartz veins from 100 mm up to 2,500mm were prominent in the area. The April, 2005 Geological & Exploration Report performed by the MGGS for Pearl Asian Mining showed an estimated ore reserve of over 2.4 million metric tons of gold & silver.

Processing at an average of 15 grams per ton of gold ore to produce an estimated 3,750 grams of gold = est. 120.57 ounces per day * $500 / ounce is estimated equal to $60,285.00 per day in production.

US $60,285 per day X 360 days per year operation = $21,702,600.00 estimated annual gross revenue.

Viability: The XYZ Gold property indicates potential viability, using above data and applying a 0.5 safety factor for the concerned assay. Using conservative figures for Pearl Asian's profit and loss projection, the XYZ Gold Project showed positive net income after taxes on the second year of operation utilizing the following assumptions: (A) Milling rate * 50,000 metric tons per year small scale production; (B) Metal price of gold * US$460/ounce (US$561.60/ounce as of this writing); © Silver price * US$7/ounce; (D) Capital cost needed * US$3.0 million; (E) Conservative operating cost (subject to further modifications once available information is completed).

Further exploration and rehabilitation of the existing tunnels are already planned and continuously ongoing this year 2006. Investors should not be concerned of any immediate reverse split for six (6) months or after one (1) year update. The Philippine Government had released and lifted up the emergency government alert. Mining in the Philippines has an ideal legal atmosphere, is conducive for most mining explorations and productions. The Philippine Mining Law is one of the best as it protects not only its people but also its environment.

Forward 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.


Contact:
Pearl Asian Mining Industries, Inc.
Richard C. Miller, 770-336-5824
(FAX) 877-317-4430
IR*PearlAsianMining.com
www. PearlAsianMining.com
or
Philippines:
+63-2-490. 0140

--------------------------------------------------------------------------------
Source: Pearl Asian Mining Industries, Inc.
 
Posted by Graham Charitable Trust on :
 
lets see what that does for us


"...with a total production of 6 to 8 kilos (estimated 257.21 ounces) of gold per day equivalent * $500 / ounce = $128,605.00 USD daily."
 
Posted by fishfarmer on :
 
WOW!!!!
 
Posted by MoneyMoneyMoney on :
 
And people are thinking gold will go up to 800 by years end!!!
 
Posted by Dr. Evil on :
 
It moved [Eek!] ... and then back to .0001.

False start for the PAIM Train.
 
Posted by dkinvest on :
 
My Scottrade shows bid at -1.00

???
 
Posted by Dr. Evil on :
 
PASIG CITY, Philippines, Mar 07, 2006 (BUSINESS WIRE) -- Pearl Asian Mining Industries, Inc. (PAIM) reports: The XYZ Gold Project (Town of Baleno) is located in Barangay Concahorao, Baleno, Province of Masbate. The area is app. 25 miles southeast of the known Masbate Gold Operations of the former Atlas Consolidated Mining and Development Corporation in Aroroy, Masbate Island. The Masbate Island is approximately 2,530 square miles and is populated by Small Scale Miners in every part of its territory with a total production of 6 to 8 kilos (estimated 257.21 ounces) of gold per day equivalent * $500 / ounce = $128,605.00 USD daily.

This is a Pre-World War II Gold Mining Area with numerous gold vein tunnels that assay shows average of 15 grams to a high of 90.37 grams per ton of gold and 533.6 grams per ton of silver, plus other minerals like molybdenum and zinc. The initial exploration showed an estimated 1.5 million metric tons of gold & silver reserves. The Baleno XYZ Gold Project workings indicate a good potential of the area, thus continuous exploration was made by private mining companies during the 1970's and the 1980's including the RP-JICA Project in 1988.

Pearl Asian Mining hired Mayon Geotech and Geo-Environmental Services which have conducted a geological survey of the area last December, 2004, and semi-detailed to detailed exploration survey last April, 2005. The semi-detailed to detailed exploration survey works included rehabilitation of old tunnels, rehabilitation of old and new trenches. Series of quartz veins from 100 mm up to 2,500mm were prominent in the area. The April, 2005 Geological & Exploration Report performed by the MGGS for Pearl Asian Mining showed an estimated ore reserve of over 2.4 million metric tons of gold & silver.

Processing at an average of 15 grams per ton of gold ore to produce an estimated 3,750 grams of gold = est. 120.57 ounces per day * $500 / ounce is estimated equal to $60,285.00 per day in production.

US $60,285 per day X 360 days per year operation = $21,702,600.00 estimated annual gross revenue.

Viability: The XYZ Gold property indicates potential viability, using above data and applying a 0.5 safety factor for the concerned assay. Using conservative figures for Pearl Asian's profit and loss projection, the XYZ Gold Project showed positive net income after taxes on the second year of operation utilizing the following assumptions: (A) Milling rate * 50,000 metric tons per year small scale production; (B) Metal price of gold * US$460/ounce (US$561.60/ounce as of this writing); (C) Silver price * US$7/ounce; (D) Capital cost needed * US$3.0 million; (E) Conservative operating cost (subject to further modifications once available information is completed).

Further exploration and rehabilitation of the existing tunnels are already planned and continuously ongoing this year 2006. Investors should not be concerned of any immediate reverse split for six (6) months or after one (1) year update. The Philippine Government had released and lifted up the emergency government alert. Mining in the Philippines has an ideal legal atmosphere, is conducive for most mining explorations and productions. The Philippine Mining Law is one of the best as it protects not only its people but also its environment.
 
Posted by tyleemary on :
 
quote:
Originally posted by SuperSniper00:
~~!!********* NEW PR *********!!~~


Press Release Source: Pearl Asian Mining Industries, Inc.


Pearl Asian Mining Industries ''Operation Gold Finger'' April, 2005 Reports: XYZ Gold Project Showed an Estimated Ore Reserve of over 2.4 Million Metric Tons of Gold & Silver
Tuesday March 7, 6:00 am ET
US $60,285 Per Day X 360 Days Per Year Operation = $21,702,600.00 Estimated Annual Gross Revenue


PASIG CITY, Philippines--(BUSINESS WIRE)--March 7, 2006--Pearl Asian Mining Industries, Inc. (OTC:PAIM - News) reports: The XYZ Gold Project (Town of Baleno) is located in Barangay Concahorao, Baleno, Province of Masbate. The area is app. 25 miles southeast of the known Masbate Gold Operations of the former Atlas Consolidated Mining and Development Corporation in Aroroy, Masbate Island. The Masbate Island is approximately 2,530 square miles and is populated by Small Scale Miners in every part of its territory with a total production of 6 to 8 kilos (estimated 257.21 ounces) of gold per day equivalent * $500 / ounce = $128,605.00 USD daily.
ADVERTISEMENT


This is a Pre-World War II Gold Mining Area with numerous gold vein tunnels that assay shows average of 15 grams to a high of 90.37 grams per ton of gold and 533.6 grams per ton of silver, plus other minerals like molybdenum and zinc. The initial exploration showed an estimated 1.5 million metric tons of gold & silver reserves. The Baleno XYZ Gold Project workings indicate a good potential of the area, thus continuous exploration was made by private mining companies during the 1970's and the 1980's including the RP-JICA Project in 1988.

Pearl Asian Mining hired Mayon Geotech and Geo-Environmental Services which have conducted a geological survey of the area last December, 2004, and semi-detailed to detailed exploration survey last April, 2005. The semi-detailed to detailed exploration survey works included rehabilitation of old tunnels, rehabilitation of old and new trenches. Series of quartz veins from 100 mm up to 2,500mm were prominent in the area. The April, 2005 Geological & Exploration Report performed by the MGGS for Pearl Asian Mining showed an estimated ore reserve of over 2.4 million metric tons of gold & silver.

Processing at an average of 15 grams per ton of gold ore to produce an estimated 3,750 grams of gold = est. 120.57 ounces per day * $500 / ounce is estimated equal to $60,285.00 per day in production.

US $60,285 per day X 360 days per year operation = $21,702,600.00 estimated annual gross revenue.

Viability: The XYZ Gold property indicates potential viability, using above data and applying a 0.5 safety factor for the concerned assay. Using conservative figures for Pearl Asian's profit and loss projection, the XYZ Gold Project showed positive net income after taxes on the second year of operation utilizing the following assumptions: (A) Milling rate * 50,000 metric tons per year small scale production; (B) Metal price of gold * US$460/ounce (US$561.60/ounce as of this writing); © Silver price * US$7/ounce; (D) Capital cost needed * US$3.0 million; (E) Conservative operating cost (subject to further modifications once available information is completed).

Further exploration and rehabilitation of the existing tunnels are already planned and continuously ongoing this year 2006. Investors should not be concerned of any immediate reverse split for six (6) months or after one (1) year update. The Philippine Government had released and lifted up the emergency government alert. Mining in the Philippines has an ideal legal atmosphere, is conducive for most mining explorations and productions. The Philippine Mining Law is one of the best as it protects not only its people but also its environment.

Forward 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.


Contact:
Pearl Asian Mining Industries, Inc.
Richard C. Miller, 770-336-5824
(FAX) 877-317-4430
IR*PearlAsianMining.com
www. PearlAsianMining.com
or
Philippines:
+63-2-490. 0140

--------------------------------------------------------------------------------
Source: Pearl Asian Mining Industries, Inc.

WAHHHHHHHHH ! I want my Ba-Ba !!!
 
Posted by singledadandhappy on :
 
show me the money
 
Posted by deltaray on :
 
Lets give this baby a try [Wink]
 
Posted by fishfarmer on :
 
Got another mil.
 
Posted by DIGDOUGH on :
 
OK thanks, you confirmed what I said in part. I hope they have the gold too. But like you said the rich are the ones digging it out. And its very amazing that anybody government or otherwise would decide to leave millions of tons of gold in the ground, when they're hurting for money. Get a loan buy equipment. Get locals as human sacrifice for dangerous work and oila, a gold conglomerate unsurpassed in the annals of
mining industry. As greedy as Marcos was, you would think he would have reopened the mines.

quote:
Originally posted by SuperSniper00:
quote:
Originally posted by DIGDOUGH:
These PAMI guys must be the greatest in the world at the acquisition of mines. It sounds tremendously good. I have trouble wondering why such resources could be left dormant for so long. And so much, if you catch my drift. I wonder if they have any spares, i'll go open one too. I'm not bashing, but think about it, how people are and have been aggressive in finding gold claims. People have been killed for much smaller things.
It looks like this is about to become one rich company, according to the info on the website.

Have you been to the philippines? I have, for 6 months. The country is extremely underdevloped. Its really bad. The worst provinces in the country are compared to the worst areas in Africa.

The mines haven't been active because a lot of the people there dont realize the value of them. The disparity in the country between the rich and the poor is huge. The wealth is sitting in the hands of a very few. If they dont want to mine...how can they raise the money to get the equipment to mine it?? These sorts of projects requires investment backers to pay for all this stuff. They also were put under a mandate of the government to NOT mine them. GMA gets elected in 2004 and reopens the mining industry in the country where you now see paim acquiring old abandoned mines in the country.

Do you DD before you start to judge.


 
Posted by fishfarmer on :
 
Bet $20 on 10 the hard way! [Wink]
 
Posted by SuperSniper00 on :
 
PAIM filed a 15c2-11 information statement.

Public float is only 5 billion with O/S of 30 billion. Preferred shares will be 30 trillion but will be hard to trade I assume, which will limit any dilution of the companies worth.

https://www.otcstockinfo.com/repository/651759/651759_FR14.pdf
 
Posted by daytr8er on :
 
PAIM .0002 now?
 
Posted by TroyAnalysis on :
 
only 1 left now at .0001 (ask)

POS PCCE can do it anything can
 
Posted by megahead34 on :
 
So is PAIM kind of like a waiting game? Just get it while its so cheap and have patience, it should be huge end of the year and next year. Is this correct?
 
Posted by DWE on :
 
I have no idea if it's going to be huge or not. All I know is I now have 50 million shares of PAIM. Let's hope for the BEST!
 
Posted by dkinvest on :
 
"Just get it while its so cheap..."

I was gonna wait for a pull-back.

LOL
 
Posted by daytr8er on :
 
LOL dk

I think PAIM will be trading in the .0004-.0005 soon
just look at volume and charts.

Dont wait for a pullback! LOL
 
Posted by DWE on :
 
quote:
Originally posted by dkinvest:
"Just get it while its so cheap..."

I was gonna wait for a pull-back.

LOL

You "cain't" beat the low price of $0.0001. Each share of this company cost way less than ANY and ALL items at your local corner 99 cents store that is located down the block from your home. [Big Grin]
 
Posted by PCola77 on :
 
Is that true? Can anyone post Level 2? I assume there's a line about 100 miles long to sell at .0002 though that will take a while to break through unfortunately, since so many people bought at .0001

quote:
Originally posted by TroyAnalysis:
only 1 left now at .0001 (ask)

POS PCCE can do it anything can


 
Posted by daytr8er on :
 
U just never know whick penny stock will move and when. But i like PAIM .0001 mainly because it has not gone done at all past couple of days. I guess they are all buys : )
 
Posted by daytr8er on :
 
gone down
 
Posted by DIGDOUGH on :
 
PAIM holding strong, a lot of support at .0001.
 
Posted by dkinvest on :
 
"PAIM holding strong, a lot of support at .0001."

Great!! That's what we need!!

LOL
 
Posted by Big Green 1 on :
 
To quote Bill Cosby "Push em out - shove em out - WAY OUT!"
 
Posted by dkinvest on :
 
This thing is flat-lining.
 
Posted by Raytrader on :
 
I think Im gonna bail.....all the way
 
Posted by TroyAnalysis on :
 
think i'm gonna continue to accumulate! lol
 
Posted by DWE on :
 
I just picked up an additional 2 million of CNES. Gotta love CNES!

For PAIM... I now have 50 million shares.
 
Posted by TroyAnalysis on :
 
nice DWE
 
Posted by megahead34 on :
 
Wow, did you see that 800% jump, was that real?
 
Posted by dkinvest on :
 
WTF? DID YOU SEE THAT????????????????????????????
 
Posted by bobcat88 on :
 
.0009? four fat finger trades, my account looked sweet there for a second.
 
Posted by DWE on :
 
Anyone see the 36 million shares that were just traded for 0.0009??? LoL! Now why is it that everytime this happens, it's always too late to sell? Now back to 0.0001 [Mad]
 
Posted by DWE on :
 
Anyone see the 36 million shares that were just traded for 0.0009??? LoL! Now why is it that everytime this happens, it's always too late to sell? Now back to 0.0001 [Mad]
 
Posted by bobcat88 on :
 
must be DWE dumping his shares!?
 
Posted by DWE on :
 
LoL! Not a chance. Keepin' these cheap babies for awhile!
 
Posted by dkinvest on :
 
3.9M * .0009 according to my Scottrade.
 
Posted by DWE on :
 
Weird... I saw 9,000,000 X 4 for 0.0009. Oh well, all is done and over with.
 
Posted by DWE on :
 
quote:
Originally posted by megahead34:
Wow, did you see that 800% jump, was that real?

Of course not silly... That's why it's back to 0.0001
 
Posted by SuperSniper00 on :
 
I think 9's are a few weeks away. Hoping for at least 2's by end of the week hopefully. Looking for 3-4-5's next week with anticipation of the divvy.
 
Posted by bobcat88 on :
 
Either someone is loading up on 9mil buys or someone at a switchboard fell asleep and there hand is resting on the keyboard. 31 trades *9 mil each.
 
Posted by dkinvest on :
 
"Wow, did you see that 800% jump, was that real?"

That was the paddles tryin' to give life to this stock.
 
Posted by bobcat88 on :
 
were did all the asks go?
 
Posted by megahead34 on :
 
Huge volume last hour. Something is going on.
 
Posted by bobcat88 on :
 
Dont know what is going on but a put in a buy for 5k *.0002 and it's not showing up anywhere, are they in lockdown?
 
Posted by fishfarmer on :
 
"Just a Matter of Time"
 
Posted by hurricanematt on :
 
we got .0002
 
Posted by cactus33 on :
 
ask at .0002...........

jeezz.......

kidding me........?

wow
 
Posted by dkinvest on :
 
Closed at .0002?
 
Posted by megahead34 on :
 
nice!
 
Posted by DWE on :
 
Nice to see PAIM close at 0.0002 eventhough it doesn't mean squat right now with a WHOPPING 10,000 shares traded at 15:57
 
Posted by dkinvest on :
 
This was some wacky Sh*t here today.
 
Posted by plni on :
 
Very weird day,even last minute was wacky.
 
Posted by SuperSniper00 on :
 
Well the new PR stated that once mining commences they will be pulling in $100K revenue a day.

I told you guys this wont run until the week of the 13th. But you dont want to believe me. Last week PAIM was dumping to raise capital. This week their is massive accumilation of those shares. Mixed with people wanting to get in on the preferred share dividend there is lots of demand. Demand drives up the price of the stock. Public float is only about 5 billion despite a 30 billion O/S. and 7 of 9 alone has 82m shares and DWE has 50 million.
 
Posted by TroyAnalysis on :
 
yea it was dkinvest wow  -
 
Posted by fishfarmer on :
 
My sentiments exactly Sniper!
 
Posted by dkinvest on :
 
You could add 10M for me.
 
Posted by llpupsll on :
 
PUT ME DOWN FOR 67 MILZ. LETS GET THIS PUPPY UP TO GWGO STATUS. GOOD LUCK ALL
 
Posted by MoneyMoneyMoney on :
 
I've got 20 million. You can even see the prices I've paid throughout the posts.
 
Posted by megahead34 on :
 
How do you guys think this will perform tomorrow?
 
Posted by dkinvest on :
 
"How do you guys think this will perform tomorrow?"

Strong support at .0001 & strong resistance at .0002.
 
Posted by joejoe on :
 
This one is gonna roll!! Hold on baby!!
 
Posted by ohio_trader on :
 
I sold all but a million of this company in the last week or so right....but something looks to be up no doubt GOOD or BAD ......and i don't think we're going to have to wait much longer to find out......the RSI is showing an uptrend at days end for the first time in awhile...2.6 billion traded today....saw 450 million get traded in the last 1/2 an hour...to end at .0002...w/ a pop up to .0009 within the last 1/2 hr of trading........

PAIM may play out like a CSI episode before alls said and done..but i think this case will be solved by the end of this month...hopefully positive..........


*** do your homework***

Ohio_Trader
 
Posted by Raytrader on :
 
Im "high" rollin with my 5m shares........!!! [Roll Eyes]
 
Posted by TroyAnalysis on :
 
chart update..
 -
 
Posted by pennydude on :
 
sittin on 5222222 shares--so ready for action soon
 
Posted by moosehead9nc on :
 
well, i just put a GTC order in for 10 mil at .0001 i wonder if it will fill, and if that was a good decision, guess time will tell
 
Posted by moosehead9nc on :
 
is it easy to fill at .0001?
 
Posted by ohio_trader on :
 
To buy easy, to sell get in line.........
 
Posted by ohio_trader on :
 
To buy easy, to sell get in line.........
 
Posted by DIGDOUGH on :
 
what?

quote:
Originally posted by ohio_trader:
To buy easy, to sell get in line.........


 
Posted by Drunner611 on :
 
Right now, PAIM has like unlimited shares out there. Buying * .0001 is no problem, they just give you the shares, or someone sick of hanging onto them is. Selling is a problem though. Even to sell * .0002 will be nearly impossible since everyone is already trying to sell their billions of shares and you'll be at the back of the line.
 
Posted by moosehead9nc on :
 
hmm, maybe i just might cancel that order lol, looks like one of those "decent company, but have wayy too many shares" problems
 
Posted by TINPOZ on :
 
ive been wanting to get some of this myself, but have been alittle skakey. you think even though it doubled late its still a good time to get on board? just asking.
 
Posted by TINPOZ on :
 
i meant shakey. lol
 
Posted by moosehead9nc on :
 
i don't think its closed at .0002 for a while, hence why it peaked my interest, but i would think that since they are going to make so much money from this gold everyday, id expect it to be a little higher, or atleast have a little run like gwgo did, but o well, who knows
 
Posted by zowwie438 on :
 
All,

OK... I'm in for early AM buy. Lets see where this puppy will go!

GLTA

Zow
 
Posted by DIGDOUGH on :
 

 
Posted by DIGDOUGH on :
 
quote:
Originally posted by DIGDOUGH:
So it looks like we're positioning ourselves in a new gold rush. With all the gold under the ground in the filipines that I read about recently, it would seem hard for it to go wrong.
I have heard how people,worker,and environment concious the Pearl Asian Mining is supposed to be. I hope they can give as much consideration to us bunch of prospectors. So far so good with the .0001 PPS. I always get the idea that I missed the gold rush, because I wasn't in Nevada and California circa 1849-1880.
But by gosh the old sidewinders done gone and found himself a claim here in good old 2006.
I'll have a grubstake in my account in the morning for a few million more little nuggets..


 
Posted by TINPOZ on :
 
whats the open on this? does anyone know. im still learning my way around this stock market thing. thanks
 
Posted by DIGDOUGH on :
 
.0001 is a good possibility. Thats what my bid is going to be.


quote:
Originally posted by TINPOZ:
whats the open on this? does anyone know. im still learning my way around this stock market thing. thanks


 
Posted by bobcat88 on :
 
Dont get overexcited about that .0002 closing, it was a wopping 10,000 share trade or to break it down $2. Think people we just trying to see what was going on with the stock since it had 4 trades go through at .0009 by mistake.
 
Posted by searchingforpennies on :
 
Thats why ya throw your lotto money into something like this just a hoping for a nice pop.
The way the subs are a poppin it's just a matter of time before it's this ones turn again, rode the last one from .0007 to .0015 and that was after the forward split so the potential is there, resistance at .0002 ? sure for the ones that only want a double I want alot more than that, and can get it, look at gwgo rode that from .0003 to .0024 and yep met resistance along the way but the money flow tells the story so come on in, lets all ride the train together!!!
That .0002 was just the beginning of something thats gona make people sick sitting on the side lines saying shoulda woulda coulda. All IMHO of course!!
 
Posted by TroyAnalysis on :
 
PAIM..Live Chat w/Founder/CEO Tomorrow at 3:00 -3:30 EST.

Where?: http://traderscorner.********s79.com...d=1141581 225

( http://www.investorshub.com/boards/read_msg.asp?message_id=10050811 )

(or.. http://tinyurl.com/o23sf )

If you have questions, come ask them. Registration required. This is NOT an endorsement of this company and I expect a lot of questions on the share structure will have to be answered with this forward split. Below is today's PR.

Pearl Asian Mining Industries ''Operation Gold Finger'' April, 2005 Reports: XYZ Gold Project Showed an Estimated Ore Reserve of over 2.4 Million Metric Tons of Gold & Silver
Mar 7, 2006 6:00:00 AM
Copyright Business Wire 2006

PASIG CITY, Philippines--(BUSINESS WIRE)--March 7, 2006--

US $60,285 Per Day X 360 Days Per Year Operation =
$21,702,600.00 Estimated Annual Gross Revenue

Pearl Asian Mining Industries, Inc. (OTC:PAIM) reports: The XYZ Gold Project (Town of Baleno) is located in Barangay Concahorao, Baleno, Province of Masbate. The area is app. 25 miles southeast of the known Masbate Gold Operations of the former Atlas Consolidated Mining and Development Corporation in Aroroy, Masbate Island. The Masbate Island is approximately 2,530 square miles and is populated by Small Scale Miners in every part of its territory with a total production of 6 to 8 kilos (estimated 257.21 ounces) of gold per day equivalent * $500 / ounce = $128,605.00 USD daily.

This is a Pre-World War II Gold Mining Area with numerous gold vein tunnels that assay shows average of 15 grams to a high of 90.37 grams per ton of gold and 533.6 grams per ton of silver, plus other minerals like molybdenum and zinc. The initial exploration showed an estimated 1.5 million metric tons of gold & silver reserves. The Baleno XYZ Gold Project workings indicate a good potential of the area, thus continuous exploration was made by private mining companies during the 1970's and the 1980's including the RP-JICA Project in 1988.

Pearl Asian Mining hired Mayon Geotech and Geo-Environmental Services which have conducted a geological survey of the area last December, 2004, and semi-detailed to detailed exploration survey last April, 2005. The semi-detailed to detailed exploration survey works included rehabilitation of old tunnels, rehabilitation of old and new trenches. Series of quartz veins from 100 mm up to 2,500mm were prominent in the area. The April, 2005 Geological & Exploration Report performed by the MGGS for Pearl Asian Mining showed an estimated ore reserve of over 2.4 million metric tons of gold & silver.

Processing at an average of 15 grams per ton of gold ore to produce an estimated 3,750 grams of gold = est. 120.57 ounces per day * $500 / ounce is estimated equal to $60,285.00 per day in production.

US $60,285 per day X 360 days per year operation = $21,702,600.00 estimated annual gross revenue.

Viability: The XYZ Gold property indicates potential viability, using above data and applying a 0.5 safety factor for the concerned assay. Using conservative figures for Pearl Asian's profit and loss projection, the XYZ Gold Project showed positive net income after taxes on the second year of operation utilizing the following assumptions: (A) Milling rate * 50,000 metric tons per year small scale production; (B) Metal price of gold * US$460/ounce (US$561.60/ounce as of this writing); (C) Silver price * US$7/ounce; (D) Capital cost needed * US$3.0 million; (E) Conservative operating cost (subject to further modifications once available information is completed).

Further exploration and rehabilitation of the existing tunnels are already planned and continuously ongoing this year 2006. Investors should not be concerned of any immediate reverse split for six (6) months or after one (1) year update. The Philippine Government had released and lifted up the emergency government alert. Mining in the Philippines has an ideal legal atmosphere, is conducive for most mining explorations and productions. The Philippine Mining Law is one of the best as it protects not only its people but also its environment.

Forward 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.

Source: Pearl Asian Mining Industries, Inc.

----------------------------------------------

Pearl Asian Mining Industries
Inc.
Richard C. Miller
770-336-5824
(FAX) 877-317-4430
IR*PearlAsianMining.com
www. PearlAsianMining.com
or
Philippines:
+63-2-490. 0140

[ March 07, 2006, 22:35: Message edited by: TroyAnalysis ]
 
Posted by SuperSniper00 on :
 
I have broken down some of the info of the 15c2-11 that was released on the 6th.

- According to the 15c2-11 statement the reason PAIM's OS is 30 billion is because they combined the common shares of PRLGF and PRMN in 2004. Then in February they did the 1:1000 split. Not sure why they did that. I think most of the shares are owned by PAIM or subsidies of PAIM.

- It also says March 17th is the record date set by the company for the preferred shares dividend and they will be paid on March 31st. Remember if they filed this, the NASD will set the X date which could be inbetween a few days to a week IMO. That would mean the xdate would either be today or tomorrow.

- PAIM also owns a subsidy in Nevada under the symbol PGMC which is not tradable yet. They are going to issue an IPO soon to raise $5 million in cash to fund the mining of PAIM in the philippines. PGMC is going to be the Metallurgical and Chemical Lab used to process all the minerals and metals produced from all the mining sites owned by PAIM. They also plan to use the plant to process metals and minerals for other mining companies in the philippines and around the world.

- They also claim to have no outstanding loans or debts.

- PAIM plans on hiring 150 workers in the next 45 days as the manpower for the XYZ mine.

- 1%-3% of profits from the philippine mines will go to the Government of the Republic of the Philippines (GRP).

- PAIM is awaitng and authorization of an additional 1,000 hectares of land at the XYZ site from the philippine government. The government only granted them an initial 20 hectares. (1 hectare is approximately 2.5 acres) which IMO could lead to the discovery of 2-3 times as much gold/silver and additional minerals.

- It states none of the employees of PAIM have ever been charged with any criminal activity, in relations to stocks, or otherwise.


I think this should clear up a lot of questions about PAIM, which may be why it had such high volume today. I think its the start of good things to come from the company. Not sure if you guys noticed but this stock seems to operate a little differently then most of the pennies and i think its because we have an actual gold mine. I am in the military and my job is to study the philippines. I was just there for 6 months and they sent me to school to learn how to speak Tagalog(filipino). A lot of the things they say are concurrent with how things in the philippines work.

I'm not an advisor and im not telling you to buy, do your own DD. These are just my opinions and I am probably considered a big rookie when it comes to stock trading. Just do your DD before you consider anything I say, because after all they are just my opinions and not expert financial advice.

https://www.otcstockinfo.com/repository/651759/651759_FR14.pdf <---- 15c2-11 Statement from PAIM
 
Posted by SuperSniper00 on :
 
E. PAIM to raise enough funds of app. $4,800,000 to acquire 40% of
ownership of the Cebu Beach Club Resort as an additional income
generating business venture and to serve as housing accommodation
for PAIM’s Shareholders & guests who may wish to visit the Pearl
Asian Mining Gold Refinery & Chem / Met Laboratory also located in
Cebu Island, Philippines.

 -

Looks like the money they are getting is going into investments and not directly into the pockets of the owners. That is a very good thing. And incase you didn't know, Cebu is a world famous vacation spot, mostly for rich people from asia and europe. Scuba diving and their white sandy beaches are some of the best in the world.

[ March 07, 2006, 23:24: Message edited by: SuperSniper00 ]
 
Posted by jakeo on :
 
so free vacation to the phillies?
 
Posted by Teknical_D on :
 
I'm of the opinion that this will be a long position. (once the dividend happens) I'm not expecting to sell before 2007. I think we will get some flux and growth of the PPS later in the year once gold production begins.

I really like all the diversity of the company and the re-investment of the funds. I hope they can attain some level of transparency so more investors will be attracted to what will soon be an awesome pick to own.

Whaddya think?
 
Posted by LaQuintaGolfer on :
 
I've bought into this stock a little over a year ago (when it was PRLGF)and have watched the Philippine gold stocks very closely since then. There is so much upside once the politics are handled and they get down to business. I also bought into BENGF (Benguet Corp)an old established mining co. in the Philippines. I think both companies are good investments to hold onto for at least another year. BENGF was once a $20 stock. Lots of upside...you can google Philippine News and get to the Philippine Star and other newspapers for business info from that part of the world. It's interesting and a lot of fun.
 
Posted by OILDOG on :
 
Supersniper,better read the 15c2-11 AGAIN. That's 30 TRILLION shares outstanding. Not sure why they did a 1000:1 f/s? It's called MASSIVE dilution. AND, they are UNLIMITED in the amount of shares they can add. And they WILL reverse split and take your money. I've been caught in three the past year. Ouch!!
I also find it interesting that they "released" the 15c2-11 at same time as PYCT. Some of the same people involved.
My investigation finds UDVE,MDGM and GRYF(remember THAT one?) tied to Riverside Investments, which is also tied to MLON(PYCT) and PAIM. Riverside is an "unauthorized bank" in Oregon. Hmmmmmm.
 
Posted by OILDOG on :
 
Opppss. Was'nt finished. Looks like they are using "investors" money to buy themselves a lavish lifestyle,when they supposedly need it to start mining gold and build the lab. This stock may be the only "gold" they ever "mine"!! If they can make so much money from the gold, why dont they wait a couple months?
What if they actually produced sayyyyy $300 million in gold, divided by 30 TRILLION shares. Ouch ouch. My calculator wont handle that many zeros. Hmm pps around .001. Well,guess that's better than .0001!
 
Posted by SuperSniper00 on :
 
That is 30 trillion PREFERRED shares, not common stock. Two completely different things here. The preferred shares will be almost untradable thus not adding to or taking away anything at all really. Either way if they are sitting on a billion dollars worth of metals and minerals, its nothing a R/S wouldnt solve in a year.
 
Posted by dkinvest on :
 
.0002 is holding up, wow.
 
Posted by fishfarmer on :
 
Too good to be true?
 
Posted by dkinvest on :
 
Am I dreaming?
 
Posted by moosehead9nc on :
 
i hope so, because im trying to buy at 1 lol
 
Posted by daytr8er on :
 
PAIM good time to accumulate shares here at .0002 before it goes up more???
 
Posted by fishfarmer on :
 
The fever is upon us boys and girls!! [Big Grin]
 
Posted by holdensteele on :
 
quote:
Originally posted by OILDOG:
30 TRILLION shares.

30 trillion shares . . . not.
 
Posted by bobcat88 on :
 
175mil, almost all * .0002, everybody sitting on there hands too greedy to take only 100% and to uncertain to load up for the run. fasten your seatbelts it's gonna be a fun ride. USXP all over again.
 
Posted by dkinvest on :
 
"PAIM good time to accumulate shares here at .0002 before it goes up more???"

I think this questions falls under "common-sennse"
 
Posted by TroyAnalysis on :
 
lol dkinvest
 
Posted by 7 of 9 on :
 
Facts from 7, holding 100m

1) we can never hold preferred shares. wont happen

2) getting shares under a new symbol is a divy, not a f-split

3) there is no split or divy: proof


http://www.otcbb.com/asp/dailylist_search.asp?SearchSymbolForm=TRUE&OTCBB=False&searchby=symbol&searchfor=paim&searchwith=Starting&image1.x=0&image1.y=0


you must comply
 
Posted by invester on :
 
Talk about a heavy float.
 
Posted by fishfarmer on :
 
quote:
Originally posted by invester:
Talk about a heavy float.

Just kicking off my man. [Big Grin]
 
Posted by invester on :
 
Take a look at RSHN, and KSWJ. Both of these companies have amazing products in the works. I am rarely wrong about stocks. These stocks go higher.
 
Posted by Thomas Mick on :
 
There is no bid at .0002, so how do you propose selling at that?
 
Posted by invester on :
 
I would have proposed never owning this stock to begin with. Look at RSHN, and KSWJ. These will be real movers. Quote me on that.
 
Posted by dkinvest on :
 
Grab your life preserver, WHERE GOIN' DOWN!
 
Posted by dkinvest on :
 
"Look at RSHN, and KSWJ"

I wish I could buy those, but I can't afford them - too expensive.
 
Posted by Thomas Mick on :
 
Down and unchanged... so?
 
Posted by invester on :
 
Lighten your load, and get on board a real stock. I've called the management on both stocks "something you should always do". These stocks have great products in the pipeline. Count on it.
 
Posted by George on :
 
quote:
Originally posted by Thomas Mick:
There is no bid at .0002, so how do you propose selling at that?

That is what I always notice these guys thinking...They think when they bought at .0001 and the BA goes up 100% to .0001/.0002 that they are up 100%....only on paper...you have to sell at .0002 and that's not happening till you at least get a bid of .0002 and a ask of .0003.....You can do the same thing on every .0001 stock...buy a $100 worth and wait, hope there is no R/S (which there will be), pray what ever you want...get a hundred diffrent ones to increase your odds.....it is the lotto folks....if it was that easy to say any gold mine is going to make money we would all be rich....most of these go nowhere and you money sits for ever and slowly disappears with the scams...and the people here are too close to all the scammers...look at MLON, GRYF and who is tied to who..no matter what they say...If they are that smart why did they take stock in a worthless MLON for a stakes claim trade?
 
Posted by invester on :
 
Lighten your load, and get on board a real stock. I've called the management on both stocks "something you should always do". These stocks have great products in the pipeline. Count on it.
 
Posted by zowwie438 on :
 
Invester,

You think someone will sell 2M AT.0001?

My order isn't going through, but then again the entire etrade site was down for almost 10 minutes!!!

Zow
 
Posted by invester on :
 
Are you trying to buy this stock? Please don't. Have you seen there float? Probably the highest out there. The company has a market cap over 15billion. Get real here. This stock goes nowhere. RSHN, and KSWJ. These are solid emerging companies. Quote me.
 
Posted by daytr8er on :
 
Arent all subpenny stocks like lottery tickets??? lol
Lets just hope PAIM is a winning lottery ticket. : )
 
Posted by invester on :
 
I would play the real lottery before I would throw away my money on this heavy float. RSHN, KSWJ guys. I've been doing this a long time. I have a laundry list of stocks I have won on. I am rarely wrong. To each his own though. If you want a good sub penny mining company, look at UNCN. The management owns allot of the company, and the float is light.
 
Posted by positivearn on :
 
Would you stop pumping KSWJ and RSHN? Do you really think by suggesting to buy it a MILLION times it will change anybody's mind? Suggest it once, fine...Maybe even twice...But when you start preaching it sort of sounds like you're desperate and may need a little extra money to pay your bills...Or, I can even say thanks for being such a swell guy for wanting me, a complete stranger, to make some money in the same stocks you own!
 
Posted by invester on :
 
Just trying to shed a little light. My intentions are only good. Trust me, I have no problem paying bills. Have a good day.
 
Posted by dkinvest on :
 
"Would you stop pumping KSWJ and RSHN? Do you really think by suggesting to buy it a MILLION times it will change anybody's mind?"

Yeah really, enough already, I mean I already told him that it was too expensive, and I couldn't afford it.

LOL
 
Posted by 7 of 9 on :
 
invester = Robert Corr

invester, what exactly is the float of rshn?

how do u determine float when the xfer agent is bogus?

bob, tell us the agent

ive dumped rshn so u can keep dumping i now

grind it down to 1
 
Posted by invester on :
 
You guys are destin to fail with that Forsyth. Happy trading.
 
Posted by fishfarmer on :
 
Quote News Chart Co. Info Filings Reports Trade!

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for stocks above $1


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Home >> Quotes & News >> News >> PAIM

--------------------------------------------------------------------------------
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PAIM -- Pearl Asian Mining Industries Inc.
Com ($0.001)(New)

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

OTCPicks.com: Pre-Market Stocks to Watch for Wednesday, March 8th, SEVI, PAIM, IHDR, MGEN, BTWO, IMNR

Mar 08, 2006 (M2 PRESSWIRE via COMTEX) -- Our Stocks to Watch for today include - Systems Evolution, Inc. (OTCBB:SEVI), Pearl Asian Mining Industries Inc. (OTC: PAIM), Internal Hydro International, Inc. (OTCBB: IHDR), Med Gen Inc. (OTCBB:MGEN), B2Digital, Inc. (OTCBB: BTWO), Immune Response Corporation (OTCBB:IMNR)
SYSTEMS EVOLUTION, INC. (OTCBB: SEVI) "Up 203.92% on Tuesday"

Detailed Quote: http://www.otcpicks.com/quotes/SEVI.php

Systems Evolution, Inc. (OTCBB:SEVI), http://www.systemsevolution.com, is a publicly held professional services organization founded in 1993 that provides software development solutions, Enterprise Project Management consulting, and managed network support through its Consulting division and permanent placement through its Next Hire Consultants division. Its Consulting Division is a Microsoft Gold Certified Partner.

SEVI News:

March 7 - Systems Evolution Announces Master Services Agreement with Microsoft

Systems Evolution, Inc. (OTCBB:SEVI), a leading integrator of Microsoft tools and provider of business consulting services, announced today that it has signed a Master Services Agreement with Microsoft Corporation.

"This agreement enables Microsoft Business Managers to engage SEVI for services for clients where they are needed without delay. Our emerging company with its highly experienced management team has received significant and continual validation of its capabilities from some of the world's top corporations," stated Mr. Robert Rhodes, CEO.

PEARL ASIAN MINING INDUSTRIES, INC. (OTC: PAIM) "Up 100% on Tuesday"

Detailed Quote: http://www.otcpicks.com/quotes/PAIM.php

Pearl Asian Mining Industries Inc. (OTC: PAIM) is an international mining company exploring the world for opportunities to open or reopen mine facilities and develop them into productive and profitable operations. Utilizing a Debt-Free Financial Statement, and world-class mining expertise, Pearl Asian is recognized for its leadership in the mining industry.

Pearl Asian Mining Industries Inc. currently owns 100% of the 12 mining claims in the Namaimo Area of Vancouver Island, British, Columbia, Canada. PAIM owns 100% of the Exclusive Operation Mining Agreement (EOMP) with the Pearl Asian Mining- Philippines Corporation, 100% owner of the Small Scale Mining Permit (SSMP) on the 20 hectares of the XYZ Gold Mine Site; with pending approval of its Minerals Production Sharing Agreement (MPSA) Certification on over 8000 hectares of the XYZ Gold Mine Site. MPSA is the equivalent to the Mining Claims in US & Canada.

Pearl Asian's mission is to partner with the Philippine Government in order to acquire abandoned mines with known and proven gold reserves left for centuries. In addition, Pearl Asian is involved in providing products and services targeting the small scale miners in order to create orderly and sustainable gold and mineral productions that promote the growth of this newly-born, Mining Revival Industry Sector of the Philippines. This Small Scale Mining is a Community Livelihood Economic Base that covers 1% of the total Philippines Gold Mines and substantial amount of Gold productions output.

PAIM News:

March 7 - Pearl Asian Mining Industries ''Operation Gold Finger'' April, 2005 Reports: XYZ Gold Project Showed an Estimated Ore Reserve of over 2.4 Million Metric Tons of Gold & Silver

US $60,285 Per Day X 360 Days Per Year Operation = $21,702,600.00 Estimated Annual Gross Revenue

Pearl Asian Mining Industries, Inc. (OTC:PAIM) reports: The XYZ Gold Project (Town of Baleno) is located in Barangay Concahorao, Baleno, Province of Masbate. The area is app. 25 miles southeast of the known Masbate Gold Operations of the former Atlas Consolidated Mining and Development Corporation in Aroroy, Masbate Island. The Masbate Island is approximately 2,530 square miles and is populated by Small Scale Miners in every part of its territory with a total production of 6 to 8 kilos (estimated 257.21 ounces) of gold per day equivalent * $500 / ounce = $128,605.00 USD daily.

This is a Pre-World War II Gold Mining Area with numerous gold vein tunnels that assay shows average of 15 grams to a high of 90.37 grams per ton of gold and 533.6 grams per ton of silver, plus other minerals like molybdenum and zinc. The initial exploration showed an estimated 1.5 million metric tons of gold & silver reserves. The Baleno XYZ Gold Project workings indicate a good potential of the area, thus continuous exploration was made by private mining companies during the 1970's and the 1980's including the RP-JICA Project in 1988.

Pearl Asian Mining hired Mayon Geotech and Geo-Environmental Services which have conducted a geological survey of the area last December, 2004, and semi-detailed to detailed exploration survey last April, 2005. The semi-detailed to detailed exploration survey works included rehabilitation of old tunnels, rehabilitation of old and new trenches. Series of quartz veins from 100 mm up to 2,500mm were prominent in the area. The April, 2005 Geological & Exploration Report performed by the MGGS for Pearl Asian Mining showed an estimated ore reserve of over 2.4 million metric tons of gold & silver.

Processing at an average of 15 grams per ton of gold ore to produce an estimated 3,750 grams of gold = est. 120.57 ounces per day * $500 / ounce is estimated equal to $60,285.00 per day in production.

US $60,285 per day X 360 days per year operation = $21,702,600.00 estimated annual gross revenue.

Viability: The XYZ Gold property indicates potential viability, using above data and applying a 0.5 safety factor for the concerned assay. Using conservative figures for Pearl Asian's profit and loss projection, the XYZ Gold Project showed positive net income after taxes on the second year of operation utilizing the following assumptions: (A) Milling rate * 50,000 metric tons per year small scale production; (B) Metal price of gold * US$460/ounce (US$561.60/ounce as of this writing); (C) Silver price * US$7/ounce; (D) Capital cost needed * US$3.0 million; (E) Conservative operating cost (subject to further modifications once available information is completed).

Further exploration and rehabilitation of the existing tunnels are already planned and continuously ongoing this year 2006. Investors should not be concerned of any immediate reverse split for six (6) months or after one (1) year update. The Philippine Government had released and lifted up the emergency government alert. Mining in the Philippines has an ideal legal atmosphere, is conducive for most mining explorations and productions. The Philippine Mining Law is one of the best as it protects not only its people but also its environment.

INTERNAL HYDRO INTERNATIONAL, INC. (OTCBB: IHDR) "Up 76.47% on Tuesday"

Detailed Quote: http://www.otcpicks.com/quotes/IHDR.php

Internal Hydro International, Inc. (OTCBB: IHDR) is an alternative energy company that developed a clean energy power system, the Energy Commander Systems that utilizes a patented technology, using waste water, fluid or gas flow to create electricity. For more information, please visit the Company's Web site at www.InternalHydro.com

IHDR News:

March 6 - Internal Hydro International Business Plan Projections for European and North American Rollout

Internal Hydro International Inc. (OTCBB:IHDR) (www.InternalHydro.com) announces that with the rollout of the low impact hydro Energy Commander (EC) units in the second quarter of 2006, that the projections for unit production, placement and revenue for the first year of market placement shows that over one thousand units by second quarter 2007, is projected. Revenue after the first year of operations of such units is projected to be $23,450,000. Since IHDR has recently gained a significant new shareholder base in the past few days, the overview of its business plan and projections is in order.

With each EC unit producing 30 kilowatts of constantly available electricity from a low impact renewable hydro source, each unit is a renewable energy production device, using a fraction of the flows of normal turbines, at greater efficiency and cost basis. Assuming a $0.05 per kilowatt hour (KwH) for electricity value, a voluntary and mandatory renewable energy credit revenue of approximately $0.02 per KwH, and a $0.02 combined tax credit per KwH, each unit will produce approximately $17,500.00 per year in available revenue. With a projected 500 units to be fielded in the U.S. in the first full year of operation, this will result in a revenue flow of $8,750,000 in one year of operations for those 500 units. Each unit in the U.S. will be held as corporate assets, not sold, and the electricity will be discounted to the landowner, while IHDR retains the remaining electricity revenue, RECs and tax credits.

Through its European partner, Cm2, IHDR expects that a one year rollout of units in the EU will be 600 units. Due to significantly more valuable energy credits and electricity value in the EU, each EC unit is projected by Cm2 to have a revenue potential of over 37,000 Euros per year, the equivalent of $44,000.00 per unit. With the operation of over 600 units over one year, $26,400,000 in revenue can be created. IHDR and Cm2 will share in this revenue where IHDR could receive $13,200,000, at little cost to IHDR. In addition, IHDR will be paid an average one time royalty of $2,500 from Cm2 for each unit, or $1,500,000 for the first 600 units.

The corporate philosophy of IHDR is to have impactful dividends from its EC operations shared with its shareholders. With a combined revenue from the 1,100 EC units from both the EU and the U.S. after one year of operations, the combined available revenue to IHDR is projected to be $23,450,000. Obviously, additional units being fielded during the same time period will create an even larger revenue base both in the United States and the EU.

IHDR is also seeking measures that will create an avenue for the Corporation to share the created tax credits with its shareholders, as a means of a dividend policy if possible.

MED GEN, INC. (OTCBB: MGEN) "Up 148.28% on Tuesday"

Detailed Quote: http://www.otcpicks.com/quotes/MGEN.php

Med Gen Inc. (OTCBB:MGEN), in business since 1996, manufactures and markets the world's first liquid spray snoring relief formula, Snorenz(R) for which its founders received a patent in 1998. Since its existence, Med Gen has continued to develop its "sprays the way" technology, and in 2003 introduced Good Night's Sleep(R) to the sleep-aid market. Both Snorenz(R) and Good Night's Sleep(R) are nationally advertised and marketed to major chain and drug stores as well as direct sales via the company web site.

The company is now completing its testing on a radically different approach and delivery system for its weight loss program, UNDIET(TM). IRI, a retail data reporting service, suggests that the combined market for snoring and sleep aides could exceed $500 million and the weight loss market could exceed $60 billion by 2007.

Med Gen Inc, is a full reporting company whose stock trades on the OTCBB under the symbol MGEN.

B2DIGITAL, INC. (OTCBB: BTWO) "Up 63.64% on Tuesday"

Detailed Quote: http://www.otcpicks.com/quotes/BTWO.php

B2Digital, Inc. (OTCBB: BTWO) is a provider of secure and reliable Pay-Per-View, video-on-demand, and digital services to the hospitality industry. The company is currently operating Pay-Per-View, broadcast-free-to-guest TV and broadband digital services in North American hotel rooms. For additional information, please visit http://www.b2digital.com.

IMMUNE RESPONSE CORPORATION, INC. (OTCBB: IMNR) "Up 48.98% on Tuesday"

Detailed Quote: http://www.otcpicks.com/quotes/IMNR.php

The Immune Response Corporation (OTCBB:IMNR) is an immuno-pharmaceutical Company focused on developing products to treat autoimmune and infectious diseases. The Company's lead immune-based therapeutic product candidates are NeuroVax(TM) for the treatment of MS and IR103 for the treatment of HIV infection. Both of these therapies are in Phase II clinical development and are designed to stimulate pathogen-specific immune responses aimed at slowing or halting the rate of disease progression.

NeuroVax(TM), which is based on the Company's patented T-cell receptor (TCR) peptide technology, has shown potential clinical value in the treatment of relapsing forms of MS. NeuroVax(TM) has been shown to stimulate strong disease specific cell mediated immunity in nearly all patients treated and appears to work by enhancing levels of FOXP3+ Treg cells that are able to down regulate the activity of pathogenic T-cells that cause MS. Increasing scientific findings have associated diminished levels of FOXP3+ Treg cell responses with the pathogenesis and progression of MS and other autoimmune diseases such as rheumatoid arthritis (RA), psoriasis and Crohn's disease. In addition to MS, the Company has open Investigational New Drug Applications (IND) with the FDA for clinical evaluation of TCR peptide-based immune-based therapies for RA and psoriasis.

IR103 is based on the Company's patented whole-inactivated virus technology, co-invented by Dr. Jonas Salk and indicated to be safe and immunogenic in extensive clinical studies of REMUNE(R), the Company's first generation HIV product candidate. IR103 is a more potent formulation that combines its whole-inactivated antigen with a synthetic Toll-like receptor (TLR-9) agonist to create enhanced HIV-specific immune responses. The Company is currently testing IR103 in two Phase II clinical studies as a first-line treatment for treatment-naive HIV-infected individuals not yet eligible for antiretroviral therapy according to current medical guidelines.

NeuroVax(TM) and IR103 are in clinical development by The Immune Response Corporation and are not approved by any regulatory agencies in any country at this time. Please visit The Immune Response Corporation at www.imnr.com.

ABOUT OTCPICKS.COM

OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Profile Research Reports authored by our financial writers. We publish a daily Newsletter to subscibers, and we publish our Daily Market Movers Digest which is sent out on the M2 Presswire several times daily highlighting hot OTC and OTCBB stocks. To feature a company on our web site or in our daily Newsletter or Market Mover's Digest, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher*otcpicks.com.

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. This disclaimer is to be read and fully understood before using our site, or joining our email list. PLEASE NOTE: The OTCPicks.com employees are NOT Registered as an Investment Advisor in any jurisdiction whatsoever.

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The information contained herein contains forward-looking information within the meaning of Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 including statements regarding expected continual growth of the company and the value of its securities. In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 it is hereby noted that statements contained herein that look forward in time which include everything other than historical information, involve risk and uncertainties that may affect the company's actual results of operation. Factors that could cause actual results to differ include the size and growth of the market for the company's products, the company's ability to fund its capital requirements in the near term and in the long term, pricing pressures, unforeseen and/or nexpected circumstances in happenings, pricing pressures, etc. Investing in securities is speculative and carries risk. Past performance does not guarantee future results.

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PAIM -- Pearl Asian Mining Industries Inc.
Com ($0.001)(New)

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

OTCPicks.com: Pre-Market Stocks to Watch for Wednesday, March 8th, SEVI, PAIM, IHDR, MGEN, BTWO, IMNR

Mar 08, 2006 (M2 PRESSWIRE via COMTEX) -- Our Stocks to Watch for today include - Systems Evolution, Inc. (OTCBB:SEVI), Pearl Asian Mining Industries Inc. (OTC: PAIM), Internal Hydro International, Inc. (OTCBB: IHDR), Med Gen Inc. (OTCBB:MGEN), B2Digital, Inc. (OTCBB: BTWO), Immune Response Corporation (OTCBB:IMNR)
SYSTEMS EVOLUTION, INC. (OTCBB: SEVI) "Up 203.92% on Tuesday"

Detailed Quote: http://www.otcpicks.com/quotes/SEVI.php

Systems Evolution, Inc. (OTCBB:SEVI), http://www.systemsevolution.com, is a publicly held professional services organization founded in 1993 that provides software development solutions, Enterprise Project Management consulting, and managed network support through its Consulting division and permanent placement through its Next Hire Consultants division. Its Consulting Division is a Microsoft Gold Certified Partner.

SEVI News:

March 7 - Systems Evolution Announces Master Services Agreement with Microsoft

Systems Evolution, Inc. (OTCBB:SEVI), a leading integrator of Microsoft tools and provider of business consulting services, announced today that it has signed a Master Services Agreement with Microsoft Corporation.

"This agreement enables Microsoft Business Managers to engage SEVI for services for clients where they are needed without delay. Our emerging company with its highly experienced management team has received significant and continual validation of its capabilities from some of the world's top corporations," stated Mr. Robert Rhodes, CEO.

PEARL ASIAN MINING INDUSTRIES, INC. (OTC: PAIM) "Up 100% on Tuesday"

Detailed Quote: http://www.otcpicks.com/quotes/PAIM.php

Pearl Asian Mining Industries Inc. (OTC: PAIM) is an international mining company exploring the world for opportunities to open or reopen mine facilities and develop them into productive and profitable operations. Utilizing a Debt-Free Financial Statement, and world-class mining expertise, Pearl Asian is recognized for its leadership in the mining industry.

Pearl Asian Mining Industries Inc. currently owns 100% of the 12 mining claims in the Namaimo Area of Vancouver Island, British, Columbia, Canada. PAIM owns 100% of the Exclusive Operation Mining Agreement (EOMP) with the Pearl Asian Mining- Philippines Corporation, 100% owner of the Small Scale Mining Permit (SSMP) on the 20 hectares of the XYZ Gold Mine Site; with pending approval of its Minerals Production Sharing Agreement (MPSA) Certification on over 8000 hectares of the XYZ Gold Mine Site. MPSA is the equivalent to the Mining Claims in US & Canada.

Pearl Asian's mission is to partner with the Philippine Government in order to acquire abandoned mines with known and proven gold reserves left for centuries. In addition, Pearl Asian is involved in providing products and services targeting the small scale miners in order to create orderly and sustainable gold and mineral productions that promote the growth of this newly-born, Mining Revival Industry Sector of the Philippines. This Small Scale Mining is a Community Livelihood Economic Base that covers 1% of the total Philippines Gold Mines and substantial amount of Gold productions output.

PAIM News:

March 7 - Pearl Asian Mining Industries ''Operation Gold Finger'' April, 2005 Reports: XYZ Gold Project Showed an Estimated Ore Reserve of over 2.4 Million Metric Tons of Gold & Silver

US $60,285 Per Day X 360 Days Per Year Operation = $21,702,600.00 Estimated Annual Gross Revenue

Pearl Asian Mining Industries, Inc. (OTC:PAIM) reports: The XYZ Gold Project (Town of Baleno) is located in Barangay Concahorao, Baleno, Province of Masbate. The area is app. 25 miles southeast of the known Masbate Gold Operations of the former Atlas Consolidated Mining and Development Corporation in Aroroy, Masbate Island. The Masbate Island is approximately 2,530 square miles and is populated by Small Scale Miners in every part of its territory with a total production of 6 to 8 kilos (estimated 257.21 ounces) of gold per day equivalent * $500 / ounce = $128,605.00 USD daily.

This is a Pre-World War II Gold Mining Area with numerous gold vein tunnels that assay shows average of 15 grams to a high of 90.37 grams per ton of gold and 533.6 grams per ton of silver, plus other minerals like molybdenum and zinc. The initial exploration showed an estimated 1.5 million metric tons of gold & silver reserves. The Baleno XYZ Gold Project workings indicate a good potential of the area, thus continuous exploration was made by private mining companies during the 1970's and the 1980's including the RP-JICA Project in 1988.

Pearl Asian Mining hired Mayon Geotech and Geo-Environmental Services which have conducted a geological survey of the area last December, 2004, and semi-detailed to detailed exploration survey last April, 2005. The semi-detailed to detailed exploration survey works included rehabilitation of old tunnels, rehabilitation of old and new trenches. Series of quartz veins from 100 mm up to 2,500mm were prominent in the area. The April, 2005 Geological & Exploration Report performed by the MGGS for Pearl Asian Mining showed an estimated ore reserve of over 2.4 million metric tons of gold & silver.

Processing at an average of 15 grams per ton of gold ore to produce an estimated 3,750 grams of gold = est. 120.57 ounces per day * $500 / ounce is estimated equal to $60,285.00 per day in production.

US $60,285 per day X 360 days per year operation = $21,702,600.00 estimated annual gross revenue.

Viability: The XYZ Gold property indicates potential viability, using above data and applying a 0.5 safety factor for the concerned assay. Using conservative figures for Pearl Asian's profit and loss projection, the XYZ Gold Project showed positive net income after taxes on the second year of operation utilizing the following assumptions: (A) Milling rate * 50,000 metric tons per year small scale production; (B) Metal price of gold * US$460/ounce (US$561.60/ounce as of this writing); (C) Silver price * US$7/ounce; (D) Capital cost needed * US$3.0 million; (E) Conservative operating cost (subject to further modifications once available information is completed).

Further exploration and rehabilitation of the existing tunnels are already planned and continuously ongoing this year 2006. Investors should not be concerned of any immediate reverse split for six (6) months or after one (1) year update. The Philippine Government had released and lifted up the emergency government alert. Mining in the Philippines has an ideal legal atmosphere, is conducive for most mining explorations and productions. The Philippine Mining Law is one of the best as it protects not only its people but also its environment.

INTERNAL HYDRO INTERNATIONAL, INC. (OTCBB: IHDR) "Up 76.47% on Tuesday"

Detailed Quote: http://www.otcpicks.com/quotes/IHDR.php

Internal Hydro International, Inc. (OTCBB: IHDR) is an alternative energy company that developed a clean energy power system, the Energy Commander Systems that utilizes a patented technology, using waste water, fluid or gas flow to create electricity. For more information, please visit the Company's Web site at www.InternalHydro.com

IHDR News:

March 6 - Internal Hydro International Business Plan Projections for European and North American Rollout

Internal Hydro International Inc. (OTCBB:IHDR) (www.InternalHydro.com) announces that with the rollout of the low impact hydro Energy Commander (EC) units in the second quarter of 2006, that the projections for unit production, placement and revenue for the first year of market placement shows that over one thousand units by second quarter 2007, is projected. Revenue after the first year of operations of such units is projected to be $23,450,000. Since IHDR has recently gained a significant new shareholder base in the past few days, the overview of its business plan and projections is in order.

With each EC unit producing 30 kilowatts of constantly available electricity from a low impact renewable hydro source, each unit is a renewable energy production device, using a fraction of the flows of normal turbines, at greater efficiency and cost basis. Assuming a $0.05 per kilowatt hour (KwH) for electricity value, a voluntary and mandatory renewable energy credit revenue of approximately $0.02 per KwH, and a $0.02 combined tax credit per KwH, each unit will produce approximately $17,500.00 per year in available revenue. With a projected 500 units to be fielded in the U.S. in the first full year of operation, this will result in a revenue flow of $8,750,000 in one year of operations for those 500 units. Each unit in the U.S. will be held as corporate assets, not sold, and the electricity will be discounted to the landowner, while IHDR retains the remaining electricity revenue, RECs and tax credits.

Through its European partner, Cm2, IHDR expects that a one year rollout of units in the EU will be 600 units. Due to significantly more valuable energy credits and electricity value in the EU, each EC unit is projected by Cm2 to have a revenue potential of over 37,000 Euros per year, the equivalent of $44,000.00 per unit. With the operation of over 600 units over one year, $26,400,000 in revenue can be created. IHDR and Cm2 will share in this revenue where IHDR could receive $13,200,000, at little cost to IHDR. In addition, IHDR will be paid an average one time royalty of $2,500 from Cm2 for each unit, or $1,500,000 for the first 600 units.

The corporate philosophy of IHDR is to have impactful dividends from its EC operations shared with its shareholders. With a combined revenue from the 1,100 EC units from both the EU and the U.S. after one year of operations, the combined available revenue to IHDR is projected to be $23,450,000. Obviously, additional units being fielded during the same time period will create an even larger revenue base both in the United States and the EU.

IHDR is also seeking measures that will create an avenue for the Corporation to share the created tax credits with its shareholders, as a means of a dividend policy if possible.

MED GEN, INC. (OTCBB: MGEN) "Up 148.28% on Tuesday"

Detailed Quote: http://www.otcpicks.com/quotes/MGEN.php

Med Gen Inc. (OTCBB:MGEN), in business since 1996, manufactures and markets the world's first liquid spray snoring relief formula, Snorenz(R) for which its founders received a patent in 1998. Since its existence, Med Gen has continued to develop its "sprays the way" technology, and in 2003 introduced Good Night's Sleep(R) to the sleep-aid market. Both Snorenz(R) and Good Night's Sleep(R) are nationally advertised and marketed to major chain and drug stores as well as direct sales via the company web site.

The company is now completing its testing on a radically different approach and delivery system for its weight loss program, UNDIET(TM). IRI, a retail data reporting service, suggests that the combined market for snoring and sleep aides could exceed $500 million and the weight loss market could exceed $60 billion by 2007.

Med Gen Inc, is a full reporting company whose stock trades on the OTCBB under the symbol MGEN.

B2DIGITAL, INC. (OTCBB: BTWO) "Up 63.64% on Tuesday"

Detailed Quote: http://www.otcpicks.com/quotes/BTWO.php

B2Digital, Inc. (OTCBB: BTWO) is a provider of secure and reliable Pay-Per-View, video-on-demand, and digital services to the hospitality industry. The company is currently operating Pay-Per-View, broadcast-free-to-guest TV and broadband digital services in North American hotel rooms. For additional information, please visit http://www.b2digital.com.

IMMUNE RESPONSE CORPORATION, INC. (OTCBB: IMNR) "Up 48.98% on Tuesday"

Detailed Quote: http://www.otcpicks.com/quotes/IMNR.php

The Immune Response Corporation (OTCBB:IMNR) is an immuno-pharmaceutical Company focused on developing products to treat autoimmune and infectious diseases. The Company's lead immune-based therapeutic product candidates are NeuroVax(TM) for the treatment of MS and IR103 for the treatment of HIV infection. Both of these therapies are in Phase II clinical development and are designed to stimulate pathogen-specific immune responses aimed at slowing or halting the rate of disease progression.

NeuroVax(TM), which is based on the Company's patented T-cell receptor (TCR) peptide technology, has shown potential clinical value in the treatment of relapsing forms of MS. NeuroVax(TM) has been shown to stimulate strong disease specific cell mediated immunity in nearly all patients treated and appears to work by enhancing levels of FOXP3+ Treg cells that are able to down regulate the activity of pathogenic T-cells that cause MS. Increasing scientific findings have associated diminished levels of FOXP3+ Treg cell responses with the pathogenesis and progression of MS and other autoimmune diseases such as rheumatoid arthritis (RA), psoriasis and Crohn's disease. In addition to MS, the Company has open Investigational New Drug Applications (IND) with the FDA for clinical evaluation of TCR peptide-based immune-based therapies for RA and psoriasis.

IR103 is based on the Company's patented whole-inactivated virus technology, co-invented by Dr. Jonas Salk and indicated to be safe and immunogenic in extensive clinical studies of REMUNE(R), the Company's first generation HIV product candidate. IR103 is a more potent formulation that combines its whole-inactivated antigen with a synthetic Toll-like receptor (TLR-9) agonist to create enhanced HIV-specific immune responses. The Company is currently testing IR103 in two Phase II clinical studies as a first-line treatment for treatment-naive HIV-infected individuals not yet eligible for antiretroviral therapy according to current medical guidelines.

NeuroVax(TM) and IR103 are in clinical development by The Immune Response Corporation and are not approved by any regulatory agencies in any country at this time. Please visit The Immune Response Corporation at www.imnr.com.

ABOUT OTCPICKS.COM

OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Profile Research Reports authored by our financial writers. We publish a daily Newsletter to subscibers, and we publish our Daily Market Movers Digest which is sent out on the M2 Presswire several times daily highlighting hot OTC and OTCBB stocks. To feature a company on our web site or in our daily Newsletter or Market Mover's Digest, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher*otcpicks.com.

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Comments or Suggestions?
 
Posted by positivearn on :
 
7 of 9...I love it! Yes, tell us Bob...
 
Posted by dkinvest on :
 
ivester,

Don't let the door hit you in the *ss on the way out.
 
Posted by DIGDOUGH on :
 
I have RSHN. I can only buy so many shares.
 
Posted by DIGDOUGH on :
 
This could be one of the rare times that invester is wrong.
 
Posted by zowwie438 on :
 
OK baby... Lets see this thing move. :-)

Zow
 
Posted by bobcat88 on :
 
A 1k share trade, someone looking to make a grand once this stock hits $1? yeah right!
 
Posted by moosehead9nc on :
 
woot, just bought 10 mil at .0001
 
Posted by Ripler on :
 
how about 1 mill at .0001.........
 
Posted by jakeo on :
 
it might look like PAIMs selling is over, everybody is hangin on... no point in selling at 1
 
Posted by SuperSniper00 on :
 
VERT joined in on the action. Getting some attention now.
 
Posted by SuperSniper00 on :
 
Remeber pearl is talking live at 3pm at Traders Corner for anyone interested.
 
Posted by cactus33 on :
 
ameritrde ticker freakin

showin paim at .02 with no trading

weird
 
Posted by cactus33 on :
 
sorry just put it in wrong
 
Posted by Ripler on :
 
im trying to pick up shares but its impossible
 
Posted by dkinvest on :
 
At what PPS?
 
Posted by Ripler on :
 
0002 ... dont think it will go through
 
Posted by TroyAnalysis on :
 
that's weird...
 
Posted by Ripler on :
 
indeed it is

volume seems good
 
Posted by fishfarmer on :
 
Are we seeing mirrow trades boys and girls? [Smile]
 
Posted by zowwie438 on :
 
Ripler,

I put my order in last night AT .0001 and it didn't get filled until 11AM this morning. [Frown]

Zow
 
Posted by Graham Charitable Trust on :
 
Um?
 
Posted by MoneyMoneyMoney on :
 
Damn I'm up 200 grand. lol. Too bad its not true.

Quit that!!!!
 
Posted by moosehead9nc on :
 
fat finger i assume
 
Posted by Graham Charitable Trust on :
 
scottrade is showing a 4900% increase
 
Posted by PCola77 on :
 
Gotta love those trades. Up 4900% for the day... [Smile]
 
Posted by PCola77 on :
 
Two of them in a row., Must not be fat finger, must be real!!!!

(jk, of course)
 
Posted by moosehead9nc on :
 
hopefully it will be up there one day
 
Posted by moosehead9nc on :
 
there has been a whole lot more buys at 2 then sells today, isnt there a conference call today?
 
Posted by DC Trade on :
 
there really are some solid buys coming in at .0002... this just might lift off soon... MMs have lots to sell at .0002, though... will take more volume than we're getting right now...
 
Posted by dreamer_rick on :
 
what makes think guys that this one will run soon....it might be only short covering....remeber UNQT ...same thing happened ...and it stayed where it is now...I'm not trying to bash ...I just wanna understand cuz I would to participate if there is something really going on
 
Posted by DC Trade on :
 
well, this company claims to have some ridiculous amount of gold at their disposal, and they say they are mining/refining it as well as acquiring other businesses for additional profits...

but you're right to question it, it's a total gamble, it may just be short covering or something nefarious... we'll see...
 
Posted by MoneyMoneyMoney on :
 
Where's that interview going to be??
 
Posted by moosehead9nc on :
 
messed up the timezone
 
Posted by moosehead9nc on :
 
the link to the cc is on page 11
 
Posted by TroyAnalysis on :
 
PAIM..Live Chat w/Founder/CEO Tomorrow at 3:00 -3:30 EST.

Where?: http://traderscorner.********s79.com...d=1141581 225

( http://www.investorshub.com/boards/read_msg.asp?message_id=10050811 )

(or.. http://tinyurl.com/o23sf )

not sure how get into the chat part though...
 
Posted by zowwie438 on :
 
Would someone post the results of the telphone conf pls? I am stuck in a meeting and I can't listen or participate. [Frown]

Zow
 
Posted by moosehead9nc on :
 
its not a telephone conf, its a "live chat" so its like a bunch of people in a chat room
 
Posted by TroyAnalysis on :
 
live chat conference now - http://tinyurl.com/lcux9
 
Posted by weatherbill on :
 
I'm in with 20 M at .0001

this is very promising, even the resort where they can cater to shareholders.....good investment!
This is a holder for a march 17th run.....get ready
 
Posted by DC Trade on :
 
hey, i notice DOMS accumulating at .0001...
it seems he's usually a heavy hitter... IMO a good sign...
 
Posted by TroyAnalysis on :
 
kool DC
 
Posted by Ripler on :
 
quote:
Originally posted by zowwie438:
Ripler,

I put my order in last night AT .0001 and it didn't get filled until 11AM this morning. [Frown]

Zow

well at least yours was accepted...mine is still "filled" and i am waiting on the news
 
Posted by dreamer_rick on :
 
I got in at 0.0002 lets see what is gonna happen ...

I can't access the chat ...it says error connecting to freejavachat ...any ideas?
 
Posted by fryyguyy on :
 
Was able to sell at .0002 today and made 2K. Needed money for GBCS. Take a look. Buyout at 2.50 presently at 1.40. Will get back in PAIM soon.
 
Posted by zowwie438 on :
 
Holly cow... This stuff is going to POP SOON!

Vol: 1,087,680,316

Zow
 
Posted by Ripler on :
 
ahhhhhhhhhhhhhhhhhhh but my transaction still didnt go through...thats frustrating
 
Posted by dkinvest on :
 
The was no shame for PAIM today, IMO.
 
Posted by Raytrader on :
 
DID YOU ALL SEE THAT LAST BUY 2500 AT .0002...WOW! LOL
 
Posted by Raytrader on :
 
well I too had a sell order today at .0002 but no bite
 
Posted by bobcat88 on :
 
Someone wants to keep the chart looking good, two days close *.0002 with very small trades.
 
Posted by Raytrader on :
 
I want to play some more with GWGO
 
Posted by fryyguyy on :
 
Raytrader,

I had my sell order in for about 2 weeks before I got a bite. I also am playing GWGO. 8-k is suppose to come out tomorrow about divis.
 
Posted by bobcat88 on :
 
So was anybody able to get into the live chat? I had the same problem as dreamer_rick
 
Posted by Ripler on :
 
quote:
Originally posted by fryyguyy:
Raytrader,

I had my sell order in for about 2 weeks before I got a bite. I also am playing GWGO. 8-k is suppose to come out tomorrow about divis.

2 weeks??? how many shares?
 
Posted by zowwie438 on :
 
All,

I just noticed this one today, HUGE spike this week ADVC.

Zow
 
Posted by Raytrader on :
 
yeah what was that spike to .01?
 
Posted by zowwie438 on :
 
OMG... Look at this spike...

http://www.siliconinvestor.com/quote.aspx?ticker=wtvn&qm_page=37028&qm_symbol=PAIM


Zow
 
Posted by Raytrader on :
 
looks like a 100k buy at .01 who would've done that?
 
Posted by Raytrader on :
 
it held too with another buy of 1m at .01
 
Posted by dkinvest on :
 
Nobody here cares about ADVC & WTVN.
 
Posted by Raytrader on :
 
Im talkin about PAIM
 
Posted by dkinvest on :
 
I'm talkin about ADVC & WTVN.


LOL
 
Posted by pay up on :
 
[QUOTE]Originally posted by dkinvest:
[QB] I'm talkin about ADVC & WTVN.

isn't there a thread on those stocks instead of using the PAIM thread?
You're on the wrong highway and lost.
We are giving you directions.
 
Posted by cactus33 on :
 
Looks like everyone is starting to get a little excited with paim from what Im seeing on other boards and chat.

Looks like the meeting made people feel better about no R split and the 5 bill float.

People are saying its gonna take off like the next GWGO.


I was down on this stock at first, then I said what the heck. Just thinking how much money there is in gold these days, probably gonna be twice the price an ounce in 3 yrs.

Just IMO invest at your own risk.
 
Posted by DIGDOUGH on :
 
I'm buckling in with 4 million more shares at .0001 this afternoon. It took about 4 hours to get them.
 
Posted by Gurgle Smurf on :
 
someone post a link to the transcript of the chat session regarding PAIM that happened today.

7 of 9, resistance is futile.

[Smile]
 
Posted by cactus33 on :
 
transcript from meeting

http://www.investorshub.com/boards/read_msg.asp?message_id=10068178
 
Posted by jakeo on :
 
Nice info and good feeling after that reading that chat transcript- Only a week til the preferred shares!
 
Posted by SuperSniper00 on :
 
*** ALERT ***


*** DIVIDEND IS COMFIRMED ****

Ex Date:
03/15/2006

Record Date:
03/17/2006

Payment Date:
03/31/2006

+1000 shares of Pearl Asian Mining Industries Inc (WY) Preferred Stock for each share held.

http://www.otcbb.com/asp/dividend.asp?sym_id=paim&dDate=03/15/2006&sDateType=ex_date
 
Posted by Ripler on :
 
think its a good idea to buy limit at 0.0002??
 
Posted by jakeo on :
 
quote:
Originally posted by Ripler:
think its a good idea to buy limit at 0.0002??

Rip im holding at .0002, but i bought more * .0001 so- ultimately up to you
 
Posted by cactus33 on :
 
rip, not sure, this thing could go off tomorrow..

for some reason people are gettin all worked up over this stock.

may want to wait until an hour or two into trading. at that point it could be too late for .0002

mayben not though.

its anyones guess how it will go.

this thing could take off though.

like PCCE did in the last week..

check it..

ALL IMO
 
Posted by 7 of 9 on :
 
ill soon have 100B prefered shares guys

im not sure what those are, and im an expert

it will be fun having them in my account, no?

i own 2% of the float, which is kewl


ADVC
WTVN

both have already popped. great stock for losers and bag holders.
 
Posted by 7 of 9 on :
 
Pearl Asian has set a fire under this stock.

And think, she has sh t loads of gold in asia.

Absolute sh t loads!
 
Posted by 30CentRunner on :
 
Times all your shares by 1000. OUCH! What's that? a 102,000,000,000...shares out there? OUCH Uggg

Good luck to you all..
 
Posted by 30CentRunner on :
 
Sorry, 102,000,000,000,000..
BIGGER OUCH

Sorry..just don't make sense to me man.
 
Posted by MoneyMoneyMoney on :
 
And you really thought that chat was good?

I'm gonna get 20 bill preferred shares X's .00000001. That equals a 200 dollar preferred dividend. And we can't even trade unless I have to call in. What a pain.

I question the authenticity of the conversation with <pearl> and investors. Seemed more ficticious to me.

I think I'm cashing and moving into DDSI and more RSHN.
 
Posted by DIGDOUGH on :
 
Pearl, could you use a partner. We can work together on this side by side. All asses and elbows digging for gold.
 
Posted by 7 of 9 on :
 
Its this sort of utterly weird stock crap that makes the otc fun. Vegas puts me to sleep.

What the hell is going to happen?


Does anyone remember GRVP? God i made bank on that.

I need to go regerate now. My nannites are screaming!!!!
 
Posted by 30CentRunner on :
 
102,000,000,000,000 will never make sense.

RSHN is a better bet....sorry
 
Posted by cactus33 on :
 
30 billion shares out there..

volume rate right right... now shouldnt be a problem.

runner, we HEARD you.. go drink ginseng out of the sorriest lookin container out there.

did you buy into RSHN deep? and your pumpin hard

this things already gone up 100 % WTF
 
Posted by zowwie438 on :
 
What the hell is this 1,000 share thing?

I have several million shares in this stuff now.... Are they saying they are going to multiple my shares by 1,000 more shares?

That sounds too good to be true. If they do this, can I still sell my original millions of shares at my will... Or are there restrictions?

Zow
 
Posted by Ripler on :
 
ok tomorrow i will buy 2 mill shares at 0.0002.. just to have some fun
 
Posted by pay up on :
 
The shares are explained here

http://biz.yahoo.com/bw/060213/20060213005575.html?.v=1
 
Posted by zowwie438 on :
 
Where is PAIM's 432B for this pref stock?

Zow
 
Posted by pay up on :
 
If you own PAIM shares I do believe that you already have the split shares. the former shares were under the symbol PRLGF from what I understand.
 
Posted by Gurgle Smurf on :
 
quote:
Originally posted by 7 of 9:
Pearl Asian has set a fire under this stock.

And think, she has sh t loads of gold in asia.

Absolute sh t loads!

Problem is that the gold is still inside the mine. And, the roads to the mine still need to get built. And after the roads to the mine get built, they still need heavy equipment to get perform the mining.

I believe this is a long term hold, regardless of flucuations in stock price or dividends. To me, this is all nice and fun on paper -- and is essentially meaningless until some gold gets out of the ground.

Construction of the road to the mine will not begin until April, if I read that chat session correctly. The mine will not begin producing until the end of 2006. As of right now, PAIM has strong potentiality but weak reality -- as of RIGHT NOW.

All of this feeds into the currently low stock price. As things unfold, the price of the stock should rise.

Would someone please offer an analysis of the chat conversation ?
 
Posted by heynow on :
 
Tried buying 10mil X .0001 all day and I didnt! get filled. I made money on this stock about a month back and plan on doing it again. To much interest and good things about this company to keep it at this price for long.
 
Posted by TroyAnalysis on :
 
agreed heynow
 
Posted by unreal33 on :
 
Just looking over the chart from today, that must be an error right? looks like it hit 1 cent? Why wouldn't they have corrected that?
 
Posted by ohio_trader on :
 
todays chart very similar to february 2 of this year...this preceded the jump it did the next 3-7 days ...if this pattern pans out ...should see similar by friday- thursday of next week....after that you're on your own.....


***i sold all but 1 million shares...now in my novelty stock portfolio along with cwfg

imo a long w/ great risk, but potential to make you enough $$$ to retire also


*****do your homework*****

Ohio_ Trader
 
Posted by adlai on :
 
LMAO!
 
Posted by 7 of 9 on :
 
penny trades

i saw 2 trades go by today one after another

100,000 * 0.0100
1,000,000 * 0.0100

For a moment, i was a millionaire.


Holding 100m
 
Posted by ohio_trader on :
 
by the by...i was in both cwfg and paim at .0001

holding 2.5m cwfg(ra,ra), 1 m paim(shiskaba) !!

lol

***every good penny trader oughta keep a novelty portfolio....lol***


**do your homework**

Ohio_Trader
 
Posted by SuperSniper00 on :
 
GO PAIM! This should run between now and the xdate which is the 15th. This is a long term hold but you may want to evaluate the upcoming events and decide for yourself if you want to flip it during this upcoming run.
 
Posted by Skyman on :
 
The chit chat didn't impress me. The 1000 to 1 preferred shares is just plain weird.
 
Posted by cactus33 on :
 
what are the up-coming events sniper?

you mentioned it was a long term hold maybe, could you elaborate?

even with the confusing share structure?

forward Split seemed idiotic to me.. WTF

especially at this point.

I own this thing, so just curious on your input..

thanks..
 
Posted by Ripler on :
 
u think its possible to buy just 2 mil shares?
 
Posted by TroyAnalysis on :
 
yes Ripler and try at .0001 again imo (GTC patience bro)

k maybe it's like if you have 1 million shares of PAIM, you get 1 billion preferred.. then according to what i have read the ratio will be 1:500 which would give you 2 million shares of common under the new ticker symbol.. so basically for every 1 million shares of PAIM you have, you will end up with 2 million additional shares of common trading under the new ticker symbol of the preferred stock...or some chit like that....
 
Posted by Gurgle Smurf on :
 
What would people recommend ?

a.) Holding all shares of PAIM after the dividend date, thus keeping all common shares AND preferred shares. (Strategy: Betting on indefinate future return).

b.) Holding only the preferred shares, and selling some percent of common shares THE DAY AFTER the dividend date ? (You must own the common shares at close on the specific date in order to get the preferred shares.) [Strategy: Getting some money quickly, while looking toward the future].

c.) Hold all of the preferred shares, while selling common shares that would recoup the initial investment value. [Strategy : No losses suffered; only profits can happen at this point.]

Since the vast majority of us got in at .0001, then anything above .0001 is gravy. This is why I'm personally learning toward option C. I suppose I'm asking is this : What would be the most opportune time to sell off PAIM in order to turn a definate profit -- even a break even ?

I'm attempting to be disciplined here by not wanting greed to take control. I want to recoup my initial investment when this stock price rises, but not to the point that I sacrifice huge potential profits.

What do the pros here say about this ?
 
Posted by SuperSniper00 on :
 
After reading the chat it appears as if they messed up with initial stock splits. They did a R/S and people got angry because as we all know R/S really f*cks the stock and reduces the market cap. So as a corrective measure they did a 1:1000 F/S. Half the people got their shares split right away and the other half didnt (because their brokrages were slow) so this caused a massive confusion.

The reason they are doing a 1:1000 dividend is for a combination of reasons. It is being considered a treat to the shareholders for the confusion about the split AND most importantly, the more shares out there means Ms. Pearlasia will be almost guarenteed to have control of the company and be the largest single shareholder. Since there are so many preferred shares at par value .000001 she is guarenteed to retain them because nobody is allowed to sell a stock at that price via a new SEC rule that states no securities can be bought or sold below .0001. Because of this she covered her ass in the chat and said they might do a conversion of 2 common shares for every 1000 preferred shares later on in the future and stated that the shares could eventually appreciate over time.

Because of the dividend, lots of people are going to be trying to buy the stock. As we know via law of supply and demand...as the float dries up due to MM accumilation and the demand of shares because of the dividend, we can expect to see PAIM run between .001-.002 between now and the x-date which is the 15th.

I doubt demand will stay after the x date because this is a long term hold. Why is it long term? Because they need to build the roads for the mine, hire workers, purchase equipment, etc which will take 6-9 months and gold wont be processed and sold until late 2006 early 2007. My guess is that the PPS will drop after the xdate and PAIM will have a SLOW steady growth over the next year. But immediately after the xdate i predict a trickle down to about the .0005-.0008 ranges.

Personally if this hits .002 I am selling and will look for a later date to rebuy in, but I could be missing the boat and it could run further. But .002 is a 20 bagger for me. I'm not an expert by any means and you should ALWAYS do you own DD.

If this gold is indeed real. By June of 2007 all of us paim holders will look back and see how underpriced this stock really was and wish we bought more, but it wont matter because we will all be retired. But for all i know its an elaborate scam and ill lose it all lol
 
Posted by Ripler on :
 
heheh all sounds exciting... we are playing the devils game and im sure he likes it [Razz]
 
Posted by TroyAnalysis on :
 
Very Interesting and even perhaps Very Relative Read...

(PRWEB) March 8, 2006 -- It’s not uncommon to read about small publicly traded companies complaining about the evils of naked short selling and the negative impact that it has on their price of their stock. It is however, quite uncommon for companies to actually take action and do something about it. The difficult, sometimes daunting task of taking on the issue of naked shorting is usually costly and time consuming, taking valuable resources away from the company’s operations. Some of the most prominent anti-naked short selling proponents include Overstock.com (OSTK), Great West Gold (GWGO), Global Links Communications (GLKC), and CMKM Diamonds which has ceased trading since October of 2005.

One of the newest companies to take on naked short selling is Loftwerks Inc (LFWK). While many of the fore-mentioned companies diverted resources towards fighting naked short positions in their companies, Loftwerks has tackled the problem by diverting more money back into the company, and buying back shares. In fact, in recent news releases Loftwerks has announced that insiders of their company hold more shares of their company’s stock, than have actually been issued. CEO Dennis Ammerman stated, "Insiders decided to buy more shares than are legally available. There is no stock definition for this type of buying; therefore, we created our own definition. We call it 'Short Seller Captured Capital.’” Essentially what this means to Loftwerks shareholders is that insiders own the entire outstanding share count, and then some.

The last time a scenario such as this was revealed, was with Global Links Communications. Robert Simpson, CEO of Global Zann Corp. at one point had in his possession the entire issued and outstanding stock of GLKC, and filed the ownership with the SEC as required. Despite owning all the stock of Global Links, the stock continued to trade millions of shares per day. As investors caught wind, shares of Global Links quickly gained more than 1000% moving from under .01 to over .14 in a matter of weeks.

CMKM Diamonds continues to press on in its fight against naked short selling, now in its 5th month of its historic certificate withdrawal from the DTCC. Since the call to request physical delivery of shares in November, the task force set up to account for the shares has tallied over 400 billion of the 703 billion issued. The latest deadline to show ownership is March 15th, which leaves many investors worried that a naked short position in the company will not be proven. Widespread reports indicate that many shareholders that have requested their certificates are having trouble actually getting them from their brokers. Other shareholders are completely unaware of the certificate pull altogether, since the main method of communication for the process is through message boards and the internet. Undisclosed at this point is the level of ownership of CEO Urban Casavant, and family, as well as the numerous business partners the company was involved with.
For more information visit our website at http://www.thestreetwire.com

###
http://www.prweb.com/releases/2006/3/prweb355943.htm

[ March 08, 2006, 23:30: Message edited by: TroyAnalysis ]
 
Posted by WangChung73 on :
 
I've got a 100 million shares of this S.O.B. bought at 0.0001

Who thinks this will go back up to 0.01 and either stay there for awhile or above?

And who thinks this will stay near 0.0001 forever?
 
Posted by moosehead9nc on :
 
i think the highest it will see is .0004
 
Posted by singledadandhappy on :
 
I hold 3 mil I hope it makes a move not looking to make millions but would be nice to take my son on a trip or something.
 
Posted by 7 of 9 on :
 
Pearl Asian chat is here. S(he) is an expert in all things SEC and also mining technology. So rare.

http://www.investorshub.com/boards/read_msg.asp?message_id=10068178


Here is a chat w/ Sniper. Raw


[20:21] SuperSniper00: [14:53] <pearl> The last symbol we had for the preferred was PAMXF


[20:57] SuperSniper00: [14:53] <pearl> The last symbol we had for the preferred was PAMXF
[20:57] MSN: yo
[20:57] SuperSniper00: did you read the chat?
[20:58] MSN: no where
[20:58] SuperSniper00: the chat with pearl asia, did you read it?
[20:58] MSN: where?
[20:58] SuperSniper00: http://www.investorshub.com/boards/read_msg.asp?message_id=10068178
[20:58] SuperSniper00: it can get confusing but im good at tracking conversations via chat room so i made sense of it
[20:59] SuperSniper00: not really anything too new, but you learn a lot about the psychology of pearl and what the company is trying to do
[21:02] MSN: <pearl> Who the hell is shorting our company's shares?
[21:02] MSN: if this is true, and the shorting began at 100, i will get rich
[21:03] MSN: remember how the initial price was 100
[21:03] MSN: pearl claims that there is no dumping, but how can anyone short at 1?
[21:03] MSN: ahh, they never will buy back the shares. all a scam
[21:04] MSN:
[14:55] <pearl> That is what I am hoping
[21:04] SuperSniper00: basically they did a 1:5 F/S but the PPS went down a lot and people complained, so to correct this they did a 1:25 R/S but this ****ed it up even more, so then they did the 1:1000 F/S but the people were still idiots and didnt understand it.....so to make up for it they are doing the dividend which really serves an alterior motive
[21:04] MSN: So you will end up with 2 common shares for every 1000
shares of preferred.
[21:04] MSN: if pearl was doing the shorting, then she would reverse
[21:04] MSN: you know, snipe, pearl is a stock scammer
[21:05] SuperSniper00: according to pearl she did the dividend to ensure the company stays in her hands and she will always be the largest shareholder
[21:05] MSN: <pearl> Why would I want to decrease the market cap, when a reverse
would do that
[21:05] MSN: only 1% of people on allstocks understand that
[21:06] SuperSniper00: yeah i know man i read it all
[21:06] SuperSniper00: like i said it gives good imput into what is going on in her head
[21:06] MSN: u know, think
[21:06] MSN: short dont get the div, they pay it
[21:06] MSN: shorts must pay any div
[21:06] MSN: god
[21:06] MSN: i need to post this on allstocks
[21:07] SuperSniper00: [Smile]
[21:07] MSN: explosion coming
[21:07] MSN: shorts must get out, otherwise they owe trillions of shares
[21:07] SuperSniper00: I'm selling all my RSHN tomorrow and buying another 18m if i can get it at 1
[21:07] MSN: NITE only mm on bid
[21:08] MSN: they r huge gamblers
[21:08] MSN: kings
[21:08] SuperSniper00: yeah i know....MMs are gods and NITE is Zeus
[21:09] MSN: NITE will take huge bets
[21:09] MSN: few mms will
[21:09] SuperSniper00: you gotta play the lotto to win the lotto
[21:10] MSN: this is not lotto
[21:10] MSN: im going to win
[21:10] SuperSniper00: no
[21:10] SuperSniper00: WE are going to win
[21:11] SuperSniper00: pretty kick ass, eh?
[21:12] MSN: :-)
[21:12] MSN: i dont belive pearl is a woman or a miner
[21:12] MSN: thats why he chats
[21:12] SuperSniper00: i do
[21:12] SuperSniper00: and i will tell you why
[21:12] SuperSniper00: she mentioned the Yamamusta gold
[21:13] SuperSniper00: if that is what i think it is....in the philippines there is a rumor widely believed that the japanese left a large treasure of gold in the philippines in WWII
[21:13] MSN: pearl is a sec attorney
[21:13] MSN: im sure
[21:13] SuperSniper00: only a filipino would know about it
[21:14] MSN: lotsa caves
[21:14] SuperSniper00: well a lot of the rumor is that the reason the US is in the country is because Bush wants to find the gold
[21:14] MSN: <pearl> Although I've never personally done it, I have read that shares
can trade below .0001 but the amount can only be seen as .00
[21:14] MSN: only a true expert would know that
[21:14] SuperSniper00: she wasnt aware of the new SEC rule
[21:14] MSN: no way she is a miner
[21:15] SuperSniper00: she isn't a miner
[21:15] MSN: she is a lawyer and a mm
[21:15] MSN: total pro
[21:15] MSN: shell get very rich here
[21:15] MSN: he
[21:15] SuperSniper00: its definately mobbed up ill give you that
[21:16] MSN: <pearl> If the SEC prohibits trades below .0001 then that is the only
price that the preferred will ever trade at if anyone is willing to pay that
price
[21:17] MSN: miner?
[21:17] SuperSniper00: evidenced by the reference of "vertical integration" which she explained as keeping the business between close family and friends and not letting any outside investors touch it
[21:17] SuperSniper00: i dont think she ever claimed to be a miner
[21:18] SuperSniper00: i think she used her DoM money to acquire some mom and pop mines and ended up stumbling upon 2.4 million tons of gold
[21:18] MSN: no. the drilling was very smart. not random
[21:18] MSN: she drilled only 8 holes
[21:19] MSN: hit heavy gold in 3
[21:19] MSN: hard to believe!!!!
[21:19] SuperSniper00: im not saying the drilling was random, im saying going from DoM and trying to scam to actually finding something legit was pure luck for her
[21:20] MSN: look, wash. is the ultimate scam
[21:20] SuperSniper00: and i dont care, all i know is whether she is a miner, SEC pro, MM, or just a dumb filipino, this is going to explode in the next 5 trading days
[21:21] MSN: the power will come from these shorts who are screwed
[21:21] MSN: they assumed the div was a lie
[21:21] MSN: now, they owe
[21:21] SuperSniper00: doesn';t matter if its shorted or not.....but by god i really hope it was
[21:21] MSN: nasdaq computers will force them to pay the div, or be arrested
[21:22] SuperSniper00: USXP anyone?
[21:22] MSN: YYYYY
[21:22] MSN: our usxp
[21:22] SuperSniper00: you brought paim to us all
[21:22] MSN: we will make f**ing bank
[21:22] SuperSniper00: you brought paim to me....i helped bring paim to everyone else
[21:23] SuperSniper00: i have like 500 posts and about 400 of them are on the PAIM thread lol
[21:23] SuperSniper00: screw your ebay business.....you can retire
[21:23] MSN: <traderscorneradmin> Have you ever looked at cyanide and caustic soda
leaching?
[21:24] MSN: what is that?
[21:24] SuperSniper00: miner speak
[21:24] SuperSniper00: i am assuming it is how they process the metals
[21:24] SuperSniper00: possibly seperating the metals from the other rocks
[21:24] MSN: pearl is claiming that she sold no stock
[21:25] SuperSniper00: of course, why would she admit it if she did?
[21:25] MSN: thell gets most of the gold, then sell the talings to others
[21:26] MSN: <pearl> There is loose gold still in the region but not in bars unless
you can find one from the Yamanutsa lost gold
[21:27] MSN: god
[21:27] MSN: im posting this chat
[21:29] SuperSniper00: do it
[21:29] SuperSniper00: we're in the money, we're in the money
[21:29] MSN: the nakeds are doomed
[21:30] MSN: we want the div
[21:30] MSN: shorts have to buy it or be arrested
[21:30] SuperSniper00: these preferred shares are unrestricted and hold full voting rights
[21:30] MSN: naked shorting is illegal. they will be exposed
[21:30] MSN: wow, unrestricted
[21:30] MSN: shorts must buy them all. god
[21:31] SuperSniper00: question
[21:31] SuperSniper00: if they did a R/S would it save the shorts asses?
[21:31] MSN: oh yeah
[21:31] SuperSniper00: wow
[21:32] SuperSniper00: listen to this
[21:32] SuperSniper00: EFGI told the IR guy Rick C that they should do a R/S of the stock
[21:32] MSN: efgi is the short
[21:32] SuperSniper00: "Would be awesome if there was a short conspiracy, lol. EFGI was the fool who sold all the GVRP back in the day, creating that scandal"
[21:33] MSN: efgi was dumping billions of shares
[21:33] MSN: they will need their meds
[21:34] SuperSniper00: this will explode either way....GWGO has a 12b float i think
End of SuperSniper00 buffer: Wed Mar 08 21:34:53 2006
 
Posted by singledadandhappy on :
 
Is everyone else confused?
 
Posted by SuperSniper00 on :
 
MSN = 7 of 9
SuperSniper00 =Me

This is our convo on msn messenger about the chat transcript Pearl had today at traders nation.
 
Posted by Ripler on :
 
very
 
Posted by singledadandhappy on :
 
I mean I am confused as to what to do with my 3 mill.
 
Posted by 7 of 9 on :
 
PAIM have lots of potentials and big plans in order to benefit all its existing and future shareholders. Plans had been underway which include the thoroughness and completeness of its accounting reports based on high principles according to the USA GAAP Standards.


OPERATIONAL PLAN ** XYZ GOLD PROJECT

The strategy of the company is to first mine and process the ores under lying within the surface zones in the XYZ mineral deposit using the Small Scale Mining Permit for the 20 hectares while pursuing further exploration program of the OVER 1,800 hectares area of the MPSA. This entail rehabilitation of the tunnels for the purpose of determining the extent of mineralization at depth as well as raise confidence level of inferred resource into measured and indicated category. This small project which could likely generate PAIM a net income of $2.5 million before Tax can also be utilized as starter money in the development of the main project. Whilst at the same time, also allows PAIM an ample time to continue with the sourcing of financing for the main project.

**MINING AND CRUSHING**

The known near surface good resource of 327,000 tons which contains 6.34 gpt Au and 37.24 gpt Ag can be mined using a 0.7 m3 excavator and a rock breaker unit. Several vein systems were uncovered during the two exploration activities in December 2004 and April 2005 notably the Gil and Andrew veins that intersect laterally between east to west direction. These vein mineral deposits are noticeable at surface and projects at depth at an angle of 80 degrees and varies in width between 1 to 5 meters. The near surface vein system will be sampled and coordinates recorded. Trenching according to the width of the vein following the lateral direction can be developed. Mined ore will be trammed using a 10 tonne dump truck units to the crushing facility. The material will be crushed down to ½” sizes. Mining or trenching operations will be contracted to a local mining and construction companies. Operations will be 8 to 10 hours daily.

Since potential resource of reasonable grade was uncovered near surface with minor interface of overburden or soil capping, a small scale open pit mining will be introduced, initially over an area of 5 hectares. Operations will be limited within the 20 hectares area of Small-Scale Mining Permit which is located at elevation 150 – 350 meters.

The use of a small backhoe unit and jack hammer powered by air through portable compressor will be applied to excavate and break the large size rocks. Ore sizes will be reduced to 6” size for convenient handling. Broken ore will be extracted manually or using a small excavator and dumped into a hopper bin with control gate. Similarly, a pneumatic jack leg drill unit will be utilized for pit development and grade control.

A portable generator unit will be used to power the compressor as well as the blowers for the tunnel ventilation system and essential lighting requirement for the camp & security perimeter.
Ore from the hopper bin will be handled by opening the control gate unto sliding launder to gravitate into an open stockpile area at elevation 150 meters. Whilst, overburden or mine waste will be dumped into a designated stockpile area near the pit.

Incidental ore extracted from the tunnels will be drawn out manually using sacks and delivered to ore stockpile area combined with pit extracted ore. Stockpiling of ore according to grade will be introduced.
Mine stockpiled ore will be removed and transferred to dump trucks using a front-end loader and delivered to Plant Processing area 1.0 km away.

**MILLING AND PROCESSING**

Process will adopt the state of the art cyanidation technology employing CIP/CIL (Carbon in Pulp or Carbon in Leach) process or using the Charcoal Coated.. from the coconut husks, that is SAFE for the whole environment and the community. Since Masbate Island is laden with coconut trees, the use of the coconut husks is the other alternative that the XYZ Gold Team of Chemists / Metallurgists and Mining Engineers are looking into.

Ore from the mine will be stockpiled at the plant grade control area using three stockpile approach, Hi-grade, medium grade and low grade.


Blended ore will pass through a primary crusher followed by a secondary crusher to reduce the size from 6” to ¼”.

Crusher finished product will then be ground using Ball Mill to obtain a mesh of grind of 80% passing 200 mesh. Milk of lime will be added into the Ball Mill to attain pulp pH of 10.

Ground product will then discharge into a thickener to remove excess water while maintaining a required leach feed density of 40-45% solids. Clear water overflow from the thickener will be recycled to the Ball Mill and the underflow of 40-45 % solids will be pumped to a series of leach tanks. Solution of cyanide at 10-15 % strength will be introduced together with milk of lime to raise pH level to 11.

Pulp from the leach tanks will transfer into the series of adsorption tanks and activated carbon will be added.

Final tailings from the last adsorption tank will discharge into a cyanide neutralization tank to reduce the cyanide level. This then gravitate into the tailings dam.

Please NOTE THAT AN ALTERNATIVE USE of the ELSA Metals Equipment is the method that the XYZ Gold Team is going to apply to process the ever potential spillage of this perhpas minor contaminated tailing dam..It is the extreme mission of PAIM / PGMC to continue on experimenting, to find the right ways and means to protect the communtiy, the environement and other living things in its blue seas and ocean.

Impounded water in the tailings pond is pumped back to the processing plant for re-use.
Loaded carbon from the 1st adsorption tank will be harvested using air lifts and vibrating screen and transferred into an elution column.

Metal values adsorbed in the loaded carbon will be stripped using weak solution of cyanide and caustic soda at elevated temperature. The loaded electrolyte will then pass thru an electro-winning cell and dissolve metal values deposits into the cathode terminal wound with steel wool.

Regular harvest of loaded steel wool will then be accomplished and is then acid digested, dry and weighed. Flux is then added and the total charge material is introduced into a smelting furnace operating a temperature of 1,200 degree C. Melted metal is then poured into moulds producing bullions product ready for shipment.


Masbate XYZ Mine


"Operation Gold Finger: The Baleno Gold Project"

The Masbate mine is an example of the small-scale "Mom & Pop" mines ran by Philippine families throughout the 7,101 islands. The normal operation usually will require the effort of several families, and the process is as follows:

Ore is hand dug from the mine site and brought to the processing area. workers manually break up and crush ore-containing rock in preparation for the wining process. The solutions for the wining process are placed in hand-made barrels and carted to the processing area. These solutions are then hand-mixed for the wining process. (See picture. It depicts a Philippine worker doing manual separation of ore within the cyanide solution utilizing a pan.) Once separated, a manual process segregates the gold from other ores, which is then taken to a refinery as small "beads" for further processing.

This process is specifically geared for the production of gold and other metals that are left in tailings from the operation. It has been identified that over two times the resulting gold production is discarded in silver alone amongst these tailings.

Pearl Asian is developing a facilities plan for the Masbate mine and others like it. Once implemented, the PAMI improvements will increase the monthly gold production from its current 31-40 kilos to over 1,000 kilos. This increase in productivity not only benefits the mine owners, but the local communities as well.

The new operation will require employment of over 10 times the current number of mine workers. Improvements in local infrastructure necessary to accommodate the new operation will all enhance the accessibility of local communities. Increases in job will necessitate additional facilities for provisions and generate new housing.
 
Posted by 7 of 9 on :
 
Melted metal is then poured into moulds producing bullions product ready for shipment.
 
Posted by lostone on :
 
well, i don't think MM's will likely to lose in any game.. just hoping for the best tho..
 
Posted by SuperSniper00 on :
 
Short Sellers are responsible for paying dividends on their shorted shares.

"If and when dividends are paid, the short seller is responsible for paying those dividends to the fictitious person from whom the shares were borrowed. This is a cost of shorting. The short seller has to pay the dividend out of pocket. Of course the person who bought the shares might hold them in a margin account, so the shares might get lent out again, and so forth; but in the end, the last buyer in the chain of borrowing and shorting transactions is the one who will get the dividend from the company Tax-wise, a short seller's expense of paying a dividend to the lender is treated as a misc investment expense subject to the 2% of AGI floor. It does not affect basis (though I believe there is an exception that if a short position is open for 45 days or less, any dividends paid by the short seller are capitalized into basis instead of being treated as an investment expense -- check the latest IRS Pub 550)."

http://invest-faq.com/articles/trade-short.html
 
Posted by BuyTex on :
 
who can short pennies?
 
Posted by BuyTex on :
 
quote:
Originally posted by WangChung73:
I've got a 100 million shares of this S.O.B. bought at 0.0001

Who thinks this will go back up to 0.01 and either stay there for awhile or above?

And who thinks this will stay near 0.0001 forever?

easy does it [Razz]
 
Posted by 7 of 9 on :
 
There is a theory the the billions in volume was not PAIM dumping shares for mining capital. Pearl Asian said this directly. She has not sold any shares in a month.

Why would she sell anything, and miss the divy? She would not.

Theory is, certain mms, esp. EFGI, have been massively shorting PAIM. You might call this a naked short. They would then force a r/s, destroying the mc of PAIM, and then buy back the super cheap shares.

EFGI even asked the PAIM consultant to reverse the shares.

But now, with the 1000:1 or 3:1 divy, however you see it, the shorts are screwed.

The NASDAQ computers will find them and subtract the divy. I dont see how they escape this, unless they are just mobbed up.

Could there be totally rogue mms out there? How does pinkies like rshn operate w/o a xfer agent? Who is watching the watchers?

I keep finding evidence out there or strange things going on with mms. What stops mms from creating fake shares anyway? Thats what naked shorting is: fake shares, dumped on us bagholders.
 
Posted by BuyTex on :
 
gvrp

bcit
 
Posted by Ripler on :
 
scary talk... i bought 1 million shares paim for fun
 
Posted by ohio_trader on :
 
Market makers are to be anonymous......otherwise breeds mass corruption...that is what USXP is going to trial vs. the SEC this spring for exactly- Naked Shorting ( this trial hopefully will help shake the rogue mm's)and make USXP shareholders another small fortune....yes you can no the agent/cy but should not be able to contact direct !!

thats what makes these damn pannies a risk

****i will give you as long lock'7 of 9' posted in new thread CGCP(it will be a big money makerw/ limited risks)!!!

Ohio_ Trader
 
Posted by SuperSniper00 on :
 
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B57D3C644%2DF87B%2D45E4%2DA00D%2D0FD2A50119F...

Last Update: 6:00 AM ET Mar 9, 2006


PASIG CITY, Metro Manila, Philippines, Mar 09, 2006 (BUSINESS WIRE) -- Pearl Asian Mining Industries, Inc. (Pink Sheets: PAIM) Reports: In attempting to determine why certain market makers seemed to have an apparently unlimited supply of shares offered at $.0001, the company's Investor Relations Officer Richard Miller stated the following:
"Pearl Asian Mining will not do a reverse split in the foreseeable future. The Company believes that a reverse split would decrease its market capitalization, thus helping market makers that nakedly shorted the stock to more easily buy back shares to the detriment of all current shareholders and the company.
"It was discovered that the unsolicited market making activities of its common shares for the past several days of two market makers quoting the stock on an unsolicited basis had mostly held the price of PAIM stock at 0.0001 for those days.
"When the dividend distribution occurs on March 31, 2006, market makers that nakedly sold shares short will not be able to deliver the 1000 preferred shares for every common share shorted to the designated shareholders."
The Company is encouraged by the recently published rules to take effect before the end of this coming summer that will allow the public to have knowledge of the number of shares sold short in companies traded in all OTC markets per Pink Sheets' release: http://www.pinksheets.com/about/pr_021606.jsp.
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.
SOURCE: Pearl Asian Mining Industries, Inc.
Pearl Asian Mining Industries, Inc. Richard C. Miller, 770-336-5824 or 678-570-6538 E-mail: IR*PearlAsianMining.com Fax: 877-317-4430 U www. PearlAsianMining.com or Philippines, +63-2-490-0140 Copyright Business Wire 2006
 
Posted by mcspeechless1 on :
 
Kewl Beans!!!!
 
Posted by deltaray on :
 
Good news to us and bad to the bashers [Big Grin]
 
Posted by TroyAnalysis on :
 
Now FREE Realtime PAIM L2 Cool! (link)

http://www.pinksheets.com/quote/quote.jsp?symbol=paim
 
Posted by fishfarmer on :
 
Free L2s will help make this baby rock!!
 
Posted by smalltime on :
 
What will happen now? What will happen to the share price?
 
Posted by bobcat88 on :
 
So are all the shorters going to be trying to dump the shares they are holding before the 17'th? I wonder how long they have been doing the shorting, sounded like only the past few days so most of us that bought 2 weeks ago shouldnt have to worry about it. I looked over the past weeks trades and notice that about 60% of the trades were done in blocks of 9 mil shares, I would venture to say that the shorters were the ones doing those deals. There was over 400 9 mil trades for the last week.
 
Posted by bobcat88 on :
 
Another thought, the shorters would have the ability to make all there buys at .00005 and it shows up to people like myself as a .0001 trade on scottrade. That would be the reason for a majority of the time last week the bid was .00 and the ask was .0001, the 5th digit doesn't work with most online accounts. They could have flipped all there shares already and are moved on to another stock.

I am encouraged by today's PR though, going after the shorters, that is two companies the last two days that have stood up against it now that they have the backing from the exchange. The other that spoke out about how tired they are of being shorted is LFWK. Take a look at what their stock did yesterday, hopefully PAIM will do the same!
 
Posted by dkinvest on :
 
Holy Snit..0003
 
Posted by megahead34 on :
 
Nice! All green today.
 
Posted by smalltime on :
 
Get on up there!!!!!!!!!!!!!!!
 
Posted by bobcat88 on :
 
and I think those were real trades!
 
Posted by megahead34 on :
 
oops, back down.
 
Posted by deltaray on :
 
nice! It was at 0.0003 for a short time, but it was [Smile] !
 
Posted by bobcat88 on :
 
540mil, holy crap, maybe that was a short washing his hands of all his shares, or maybe Pearl!
 
Posted by megahead34 on :
 
Wow, 1 billion in volume already.
 
Posted by DC Trade on :
 
nice, my sell at .0002 filled... now free shares all the way to the top!
 
Posted by tyleemary on :
 
Just dumped 1 mil shares at .0002

Not anything huge ofcourse.
 
Posted by dkinvest on :
 
do you see what I see?
 
Posted by bobcat88 on :
 
buys on the bid, YES!
 
Posted by dkinvest on :
 
The PAIM train is departing the station ladies & gentlemen.
 
Posted by DC Trade on :
 
toot! toot!
alllllll aboard!
 
Posted by SuperSniper00 on :
 
Yes, it is. Shorting the stock is usually bad. But in this case I hope they shorted outrageous amounts of shares. Why? Because the shorts are now screwed because of the divvy. They are playing beat the clock to buy back all the shares they shorted before the xdate otherwise they have to pay for the dividend.

Regular buyers recieve the divvy. But shorts have to pay because they sold borrowed shares. Factor in this with everyone else who wants to get in to recieve the divvy and demand is outrageous.

PAIM train is rollin' down the tracks.
 
Posted by fishfarmer on :
 
Hold on guy, no guts no sausage!!
 
Posted by megahead34 on :
 
Why are people selling?!!
 
Posted by kt325ci on :
 
The volume on this today is nuts. The market has only been open for an hour and already 1.8 billion traded
 
Posted by DIGDOUGH on :
 
The shorters certainly shouldn't have anything to dump.
 
Posted by megahead34 on :
 
I know, crazy volume. I see over 3 billion.
 
Posted by cali99boy on :
 
how high is this going to get? [Big Grin]
 
Posted by kt325ci on :
 
ask now at .0004! Hopefully the buying pressure continues
 
Posted by fishfarmer on :
 
one more MM at .0003, then we rock!!! [Big Grin]
 
Posted by dkinvest on :
 
"how high is this going to get?"

Depends on fat fingers.
 
Posted by cactus33 on :
 
ask is up to .0004 now

dang..

cool
 
Posted by Thomas Mick on :
 
Its the bid I'm looking at!
 
Posted by dkinvest on :
 
Didn't someone say that this wasn't suppose to move until the 13th? Well if it is movin' now, Monday should be amazing.
 
Posted by kt325ci on :
 
.0003x.0004 HDSN is the only mm on the bid. He's one of the mm's that I believe doing the major shorting.
 
Posted by invester on :
 
SHORT, SHORT, SHORT!!!!!!!!!!!
 
Posted by DIGDOUGH on :
 
You would think that those who naked short this would have something better to do, than to try to scramble to stay out of paying a divvy for a stock that they been naked shorting. Seems desperate.
 
Posted by megahead34 on :
 
i saw it reach .0004 for a second
 
Posted by DIGDOUGH on :
 
You would think that those who naked short this would have something better to do, than to try to scramble to stay out of paying a divvy for a stock that they been naked shorting. Seems desperate.
 
Posted by lostone on :
 
OMG, i guess MM's CAN lose.. they're trying to hold this down to recollect.. lol, don't anybody be stupid and sell
 
Posted by cactus33 on :
 
eat $#$%$% shorters.....
 
Posted by megahead34 on :
 
2 billion!
 
Posted by daytr8er on :
 
wwwwwwweeeeeeeeeeeeeeeeeeeeee lol
Told you about PCCE at .0003 Told u about PAIM .0001
Now lets enjoy the ride up. : )
 
Posted by DIGDOUGH on :
 
If it isn't one thing its another with these short guys. Every time i'm ready to make a buck.
Someone should lock them in a room with Frank olson.
 
Posted by fishfarmer on :
 
quote:
Originally posted by DIGDOUGH:
If it isn't one thing its another with these short guys. Every time i'm ready to make a buck.
Someone should lock them in a room with Frank olson.

Sell out at .0002 DIG? LMAO
 
Posted by DIGDOUGH on :
 
looks like daytraders are dumping for the 100% profit.

quote:
Originally posted by daytr8er:
wwwwwwweeeeeeeeeeeeeeeeeeeeee lol
Told you about PCCE at .0003 Told u about PAIM .0001
Now lets enjoy the ride up. : )


 
Posted by DIGDOUGH on :
 
I missed the joke, you can sell out if you want to. LMAO

quote:
Originally posted by fishfarmer:
quote:
Originally posted by DIGDOUGH:
If it isn't one thing its another with these short guys. Every time i'm ready to make a buck.
Someone should lock them in a room with Frank olson.

Sell out at .0002 DIG? LMAO

 
Posted by DIGDOUGH on :
 
I missed the joke fish, you can sell out if you want to. LMAO

quote:
Originally posted by fishfarmer:
quote:
Originally posted by DIGDOUGH:
If it isn't one thing its another with these short guys. Every time i'm ready to make a buck.
Someone should lock them in a room with Frank olson.

Sell out at .0002 DIG? LMAO

 
Posted by daytr8er on :
 
are u insane DIG ? lol
PAIM all the way baby !!!
This stock should go up to .001 in the next trading days with some more volume . : )
 
Posted by DIGDOUGH on :
 
Theres only supposed to be 5 bil in the float and about half of it has traded this morning.
 
Posted by daytr8er on :
 
Dig ill be selling u my PAIM shares at .001
 
Posted by DIGDOUGH on :
 
No, i'm OK. I'll get it together. Hang on a minute.

quote:
Originally posted by daytr8er:
are u insane DIG ? lol
PAIM all the way baby !!!
This stock should go up to .001 in the next trading days with some more volume . : )


 
Posted by JOELGA on :
 
Over 2 bil PAIMburgers served! lol
 
Posted by DIGDOUGH on :
 
Anybody see any resistance at these levels? [Smile]
 
Posted by megahead34 on :
 
ok, looks like everyone done selling.
 
Posted by kt325ci on :
 
I've had an open buy order for a long time at .0002 but no takers yet. Probably have to bump it up to the ask to get a fill.
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by dkinvest:
Didn't someone say that this wasn't suppose to move until the 13th? Well if it is movin' now, Monday should be amazing.

Yes, I did say that and I'm sticking to it. If you consider this moving you're gonna cream yourself Monday. This will reach between .001-.002

That is 1000-2000% gain if you bought at .0001.

[Smile]
 
Posted by dkinvest on :
 
"That is 1000-2000% gain if you bought at .0001."

I guess that would be not too shabby as I did buy a $grand$ worth at .0001.

But the question is: will I be able to sell at that level?
 
Posted by cottonjim on :
 
Sniper, what makes you think that PAIM's going to move that much by Monday? Just curious.
 
Posted by PCola77 on :
 
I sold half to get my orginal capital back and am riding free shares. I'd imagine there was a LOT of that going on today. Once people are done protecting themselves there may not be many shares out there for sale (Well, relatively speaking, given the 400 bazillion shares outstanding)
 
Posted by unreal33 on :
 
quote:
Originally posted by cottonjim:
Sniper, what makes you think that PAIM's going to move that much by Monday? Just curious.

I second that
 
Posted by SuperSniper00 on :
 
Because the shorts are screwed + people want to get the dividend. In early february the stock spiked to .002 at one point. Not to mention a lot of people are giving PAIM some credibility now and believe it is not a scam.

Take a look at USXP, just a shell of a company and people chased it all the way to 4 cents.

I'm in the money...I'm in the money!
 
Posted by cottonjim on :
 
All right then, i'll gamble some and try to ride this one for a while.
 
Posted by bobcat88 on :
 
Sure has slowed down, did everybody have to go take a shower? or change thier pants?
 
Posted by SuperSniper00 on :
 
I would stay in until the xdate for the dividend. In the chat transcript with Pearlasia she said in the future they are considering possibly doing a conversion of the preferred shares. 2 common shares for every 1000 preferred shares. Which is essentially 2:1 split right now.

Say you have 1,000,000 shares, you would have 1,000,000,000 preferred shares. 1,000,000,000 / 1000 = 1,000,000 * 2 = 2,000,000 common shares you would eventually have. If the company is pulling out real gold then 6 months from now the PPS might be something like .003 and you could sell those 2m at that price.

Either way, dumping now is dumb. At least ride free shares until the xdate, which is the 15th.
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by bobcat88:
Sure has slowed down, did everybody have to go take a shower? or change thier pants?

Lunchtime lull. PAIM has slowed to a crawl for the past 2 weeks between 1130 and 1300. Usually picks up big again in the PM.

Rumor on ihub is another PR this afternoon. That will shoot this to .0004.
 
Posted by Squire38 on :
 
Pearl Asian Mining Industries Announces NASDAQ Set X-Dividend Date
Mar 9, 2006 12:29:00 PM
Copyright Business Wire 2006
PASIG CITY, Metro Manila, Philippines--(BUSINESS WIRE)--March 9, 2006--

Pearl Asian Mining Industries, Inc. (Pink Sheets:PAIM) Reports:

The company announced today that NASDAQ has set the X-Dividend Date as March 15, 2006. The dividend of 1,000 preferred shares for every 1 common share held of record on March 17, 2006, is to be paid on March 31, 2006.

See: http://www.otcbb.com/asp/dividend.asp?sym_id=paim&dDate=03/ 15/2006&sDateType=ex_date (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

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.

Source: Pearl Asian Mining Industries, Inc.


----------------------------------------------
Pearl Asian Mining Industries
Inc.
Richard C. Miller
770-336-5824 or 678-570-6538
Fax: 877-317-4430
IR*PearlAsianMining.com
www.PearlAsianMining.com
or
Philippines: +63-2-490-0140
 
Posted by daytr8er on :
 
SS i think MMs trying to get cheap shares here. People should be loading not selling for next weeks run.
PAIM .0002X.0003
 
Posted by fishfarmer on :
 
My scottrade T&S isn't working for paim is anyone else having this problem.
 
Posted by KublaKhan on :
 
fishfarmer:

Same thing here
 
Posted by SuperSniper00 on :
 
Well it looks like the rumor was true, there is the PR lol

I agree DAY, MMs who shorted are covering their positions and other MMs are trying to buy low.

Trust the MMs ability to pump. First volume, then price.

My original prediction 3 weeks ago was week of the 13th that why buying at .0001 was imperative. I like to buy before the run not after it.
 
Posted by cactus33 on :
 
too much volume..

my guess
 
Posted by 7 of 9 on :
 
PAIM is eating up my portfolio


http://www.bluediamonddirect.com/files/paim1.bmp
 
Posted by DIGDOUGH on :
 
me too.


quote:
Originally posted by KublaKhan:
fishfarmer:

Same thing here


 
Posted by 7 of 9 on :
 
Sniper,

The 500:1 conversion is effectively a 3:1 split,

not 2:1.


Grasshopper
 
Posted by DIGDOUGH on :
 
looks like pacman is getting a belly full. Gobble gobble.()::

quote:
Originally posted by 7 of 9:
PAIM is eating up my portfolio


http://www.bluediamonddirect.com/files/paim1.bmp


 
Posted by jellybean on :
 
I am selling all my other positions. Will put all money into PAIM PAIM PAIM PAIM . PAIM is going to have a big run.
 
Posted by dkinvest on :
 
Jelly,


Good luck to you.
 
Posted by dkinvest on :
 
So is anyone keeping their position past the 15th to get the preferred shares? I am confused, as there are multiple opinions. What would be the best thing to do?
 
Posted by daytr8er on :
 
do u guys know if the allstocks chat is working ? i have not been able to log in the past days.
 
Posted by bobcat88 on :
 
Fish, mine is woking now
 
Posted by JOELGA on :
 
Volume on Scottrade changed to 10 mil?
 
Posted by jellybean on :
 
dkinvest---I am holding all my shares past the 15th. Just pick up another 50 million today.
 
Posted by bobcat88 on :
 
Volume isnt showing corectly though, shows only 32mil
 
Posted by texrecruiter on :
 
Mine says 31 million on Scottrade.
 
Posted by dkinvest on :
 
Are the preferred shares gonna be worth anything? How can you trade them?
 
Posted by Silence on :
 
Etrade shows 2.5b
 
Posted by bobcat88 on :
 
I would venture to say they will have a new symbol and a 1 year restriction, just my guess though.
 
Posted by Thomas Mick on :
 
That's my question dkinvest, how is anyone possibly going to be able to benefit from this deal?
 
Posted by texrecruiter on :
 
Pearl said yesterday that the preferred shares would be worth .000001
 
Posted by dkinvest on :
 
A new symbol only for the preferred shares?
 
Posted by Raytrader on :
 
a-trade....still at 2.5 b
 
Posted by texrecruiter on :
 
Yes they will be traded under new symbol.
 
Posted by fishfarmer on :
 
quote:
Originally posted by bobcat88:
Fish, mine is woking now

Me thanks
 
Posted by Thomas Mick on :
 
Whoopiii! Not a very attractive deal to me... What is the upside, other than PAIM making money?
 
Posted by dkinvest on :
 
OTCBB.COM doesn't show PAIM as a volume leader.

Why is that?
 
Posted by MoneyMoneyMoney on :
 
No pearl said the par value was .00000001. 7 zero's and a 1.

Thats crap. I'm still working my way out but I'm getting there. 3 mill more to sell.

Gl all
 
Posted by jellybean on :
 
Anybody want to take a trip to the philippines. I will go on April 1st with my preferred stock. Lets see this gold mine and meet Pearl. Holding 100 million common.
 
Posted by dkinvest on :
 
Ya, maybe we can meet Patrick, Squidward, Mr. Crabs, Plankton, and Spongebob too.
 
Posted by texrecruiter on :
 
7 zeroes, five zeroes, it's all worthless at the beginning. [Smile]
 
Posted by MoneyMoneyMoney on :
 
nice job jellybean. So your gonna get 1000 dollars worth of free preferred shares.

I'm just curious what do you guys see in this stock?

Thanks...

[ March 09, 2006, 13:48: Message edited by: MoneyMoneyMoney ]
 
Posted by texrecruiter on :
 
Money, do you own PAIM?
 
Posted by MoneyMoneyMoney on :
 
How about, go back and read my posts and you'll know.

And your right. with 5 zeros I'd have gotten 20 thousand and with 7 zeros only 200. So yup I guess those zeros don't matter.
 
Posted by texrecruiter on :
 
Money, don't be a putz.
 
Posted by daytr8er on :
 
moneymoneymoney are you one them Naked Shorts?
 
Posted by Graham Charitable Trust on :
 
whoa, i leave for lunch and come back to see 60mil in volume?! i thought we were at 2bil earlier
 
Posted by MoneyMoneyMoney on :
 
Ok, texrecruiter, what do you see in the future of PAIM and its preferred shares? Can you trade them? I bet you'll say yes. lol.

How many shares do you have? I had 20 million. Putz.
 
Posted by dkinvest on :
 
"whoa, i leave for lunch and come back to see 60mil in volume?! i thought we were at 2bil earlier"

The morning shares traded were preferred shares, at lunchtime they were converted to common shares, and then at the end of the day they will be converted to BS shares.
 
Posted by Graham Charitable Trust on :
 
DAMN, I thought the preferred was under another symbol? anyway, not like i have much money in this, ill let it ride
 
Posted by jellybean on :
 
Go to bb.com. Volume at 2.57billion. I am excited lots of gold to be mined. Got my plane reservation for April 1st to the philippines. I want to see this gold.
 
Posted by dkinvest on :
 
"April 1st"

How appropriate, "April Fool's Day".
 
Posted by Graham Charitable Trust on :
 
is this a trend, we seem to be moving up every day this week here, maybe tomorrow we finish at .0004+?
 
Posted by kittykash on :
 
ok, dk, now that was funny!!!
 
Posted by zowwie438 on :
 
All,

What was the spike to .01 yesterday? I have seen it on several charts.

Did someone make a frekn typo or what?

Somebody shed some light on this.

Zow
 
Posted by kittykash on :
 
this I mean

The morning shares traded were preferred shares, at lunchtime they were converted to common shares, and then at the end of the day they will be converted to BS shares. [/QB][/QUOTE]
 
Posted by fishfarmer on :
 
Gonna start seeing some bashers that got out and want to get back in. [Cool]
 
Posted by jellybean on :
 
We will go much higher tomorrow. And lots higher next week. Buy your shares today. Its going to pop and all that gold will flow out of a Philippines Rainbow. Just picked up another 20 million. 120 million long.
 
Posted by daytr8er on :
 
Looks like it Graham. People want to get in to qualify for the shares on March 15. PAIM should be moving at least .0001 per day now.
 
Posted by kt325ci on :
 
weird...nearly 165 million shares just went through at the ask in the last 5 minutes
 
Posted by TroyAnalysis on :
 
Gonna start seeing some bashers that got out and want to get back in.

agreed fishfarmer too funny  -
 
Posted by SuperSniper00 on :
 
Preferred shares will have new ticker and CUSIP. They are UNRESTRICTED and will hold FULL voting privledges.

Par value is .00000001. Catch 22. New SEC rules states no security may be bought or sold for less than .0001.

Pearl said in the future the company may offer 2 common shares for every 1000 preferred shares. That would mean if you have 1 share common now, you would then have 3 shares common PAIM stock.

considering that wouldn't prolly happen for another 6 months, the PPS then could be anything, and even at .0001 you would be able to make nice bank. the preferred shares could also appreciate and be worth something as well.
 
Posted by Graham Charitable Trust on :
 
quote:
Originally posted by zowwie438:
All,

What was the spike to .01 yesterday? I have seen it on several charts.

Did someone make a frekn typo or what?

Somebody shed some light on this.

Zow

That happened twice I heard, I have no idea what it was. But i saw a 4900% increase and almost jumped like jordan in Game 7
 
Posted by dkinvest on :
 
"People want to get in to qualify for the shares on March 15"

Ya, I am gonna have to rent a freakin' storage unit to store them all in.

10,000,000 x 1,000 = 10,000,000,000

10 billion shares x .00000001 = $1,000, that is ludricrous.

Why don't they just do a 2 for 1 split?
 
Posted by MoneyMoneyMoney on :
 
No one has answered my question yet. What good will the preferred shares do when you can't trade them?
Why do people want to qualify for the worthless shares?
 
Posted by llpupsll on :
 
SHUT UP AND BUY BUY BUY!! LOLOLOL
 
Posted by SuperSniper00 on :
 
because a split dilutes the stock ever further and reduces MC
 
Posted by positivearn on :
 
LOLOLOLOL!!!!
 
Posted by llpupsll on :
 
WEEEEEEEEEEEEEEEEEEEE
 
Posted by jellybean on :
 
They will pay dividends with GOLD and lots of it. Also Pearl said that there might be a split into common stock. Money do you own any PAIM? !150 million long. Getting my suitcase pack to the Philippines.
 
Posted by zowwie438 on :
 
DKInvest,

I didn't know anyone still used the word "ludricrous" except for Tyson. :-) LOL

GO PAIM... Make us some dough!

Zow
 
Posted by fishfarmer on :
 
L2 looking good.
 
Posted by texrecruiter on :
 
quote:
Originally posted by MoneyMoneyMoney:
Ok, texrecruiter, what do you see in the future of PAIM and its preferred shares? Can you trade them? I bet you'll say yes. lol.

How many shares do you have? I had 20 million. Putz.

Your too easy to get riled up Money. Of course I own shares. How Much? Not gonna say. But I will tell you that there is money to be made in this company. Even with the preferred shares. The company could [Cool] (per Pearl)eventually do a 2/1 convert with the preferred shares. This is where you would make your money on the preferred.
 
Posted by texrecruiter on :
 
quote:
Originally posted by MoneyMoneyMoney:
Ok, texrecruiter, what do you see in the future of PAIM and its preferred shares? Can you trade them? I bet you'll say yes. lol.

How many shares do you have? I had 20 million. Putz.

Your too easy to get riled up Money. Of course I own shares. How Much? Not gonna say. But I will tell you that there is money to be made in this company. Even with the preferred shares. The company could [Cool] (per Pearl)eventually do a 2/1 convert with the preferred shares. This is where you would make your money on the preferred.
 
Posted by dkinvest on :
 
"They will pay dividends with GOLD and lots of it."

So will we be getting gold bars, coins, or teeth?
 
Posted by zowwie438 on :
 
Come on guys and gals... I have a another buy order in at .0001... Somebody out there wants to sell... Don't you. :-)

Zow
 
Posted by jellybean on :
 
GOLD BARS. You can deposit them in Fort Knox. I am excited about all this gold. Gold is good for conductors for the space shuttles. NASA will want some gold to take to Pluto.
 
Posted by TroyAnalysis on :
 
just me or are there more mm's coming in on this everyday!
 
Posted by kt325ci on :
 
I had placed a buy order for a 7.7mil * .0002 at 11:00 and just noticed it got filled at 12:48 while I was away for lunch. cool.
 
Posted by dkinvest on :
 
"GOLD BARS. You can deposit them in Fort Knox. I am excited about all this gold. Gold is good for conductors for the space shuttles. NASA will want some gold to take to Pluto."

Don't forget, they also use gold for pavement up in Heaven.
 
Posted by timstl on :
 
quote:
Originally posted by kt325ci:
I had placed a buy order for a 7.7mil * .0002 at 11:00 and just noticed it got filled at 12:48 while I was away for lunch. cool.

yah every time i see it dip to 0002 i wish i had more funds available.
 
Posted by jellybean on :
 
timstl---Keep buying at these low levels. I got 50million at .0001 and 100million at .0002. Paim will have a good run very soon. Lots of gold to be mined. I am on my way to the phillippines to pick up my gold nuggets and give Pearl a hug and stay in there resort hotel.
 
Posted by jermarksey on :
 
just wondering with this split and them going to nasdaq how does this work i knew to this
 
Posted by dkinvest on :
 
"just wondering with this split and them going to nasdaq how does this work i knew to this"


Whatchya talkin' about?
 
Posted by llpupsll on :
 
MARKET MAKERS GONNA HAVE TO COVER THE MASSIVE NAKED SHORT BEFORE THE DIVY! PREPARE FOR MASSIVE GAINS, JMO
 
Posted by jermarksey on :
 
PASIG CITY, Metro Manila, Philippines, Mar 09, 2006 (BUSINESS WIRE) -- Pearl Asian Mining Industries, Inc. (Pink Sheets:PAIM) Reports:

The company announced today that NASDAQ has set the X-Dividend Date as March 15, 2006. The dividend of 1,000 preferred shares for every 1 common share held of record on March 17, 2006, is to be paid on March 31, 2006.

See: http://www.otcbb.com/asp/dividend.asp?sym_id=paim&dDate=03/ 15/2006&sDateType=ex_date (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

what does this mean whats a preferred share and a common stock "im new to this"
 
Posted by logical buyer on :
 
If everyone would quit selling at .0002/.0003 we may get a short run.
 
Posted by llpupsll on :
 
PREFERRED SHARES GETS PRIORITY OVER COMMON STOCK. FOR EVERY 1 SHARE YOU OWN BEFORE THE 15TH, YOU GET 1000 PREFERRED SHARES(THAT WILL TRADE UNDER A DIFFERENT SYMBOL). SO IF YOU CAN JUST SELL AT .0001, THATS A 1000% GAIN.
 
Posted by SuperSniper00 on :
 
Nobody is going to buy them at .0001. At least not right away.
 
Posted by jermarksey on :
 
so i hold onto what i have. do i get a new symbol also. thank you for the info.just trying to make a buck
 
Posted by llpupsll on :
 
BASED ON THE PR'S IT GIVES PAIM AN INSTANT VALUE OF .001 BWTFDIK, IM JUST A CLUELESS PUP. GOOD LUCK
 
Posted by Ripler on :
 
ok just to get some clearity!!

I have 1 million common shares i just bought correct? and in the end i Could potentially have 3? this is what i am getting out of this talk.

In yuor estimation...will it still me easy to sell later on?

and i am new soo...what is the main difference between a preferred and common share?
 
Posted by Raytrader on :
 
Ripler.....

just hold until the 15th it will be vary clear then ....its too hard to explain...but I assure you...."its NOT a bad thing"
 
Posted by llpupsll on :
 
http://www.otcbb.com/asp/dividend.asp?sym_id=PAIM&dDate=03/17/2006&sDateType=Record_date
 
Posted by Raytrader on :
 
and logical buyer is right........if everyone would just hold on....the mm's would be forced to spike the bid
 
Posted by Raytrader on :
 
PAIM has enough revenue now to "break ground" in their mining ventures...they are now going to try to get all the shares back that they can with spending the least amount of $$ possible
 
Posted by dkinvest on :
 
Is this a dividend or a future "stock spin-off"?
 
Posted by Raytrader on :
 
someone must not have liked what I had to say........my rating went from 5 to 4... [Confused]
 
Posted by WangChung73 on :
 
So if I currently own 100 million shares of PAIM right now, how many of the "preffered" shares will I receive? And why would most say it would be hard to sell?
 
Posted by Raytrader on :
 
now I will go home and kick my dog...lol
 
Posted by WangChung73 on :
 
So if I currently own 100 million shares of PAIM right now, how many of the "preffered" shares will I receive? And why would most say it would be hard to sell?
 
Posted by Raytrader on :
 
selling a billion of anything aint easy
 
Posted by pay up on :
 
If we have PAIM don't we already have the split shares? This is a forward split.
This is how it was worded.
So someone please explain.
After all it says the old share were traded under a different symbol.

Anyone that bought or sold shares under the symbol PAIM has bought or sold forward split shares. It has come to the Company's attention that some brokerage firms sold and are continuing to sell the forward split common shares, but others have failed to credit PAIM shares to their clients accounts. The Company has no control over the speed at which the brokerage firms replace 1000 PAIM shares for the 1 share of PRLGF previously owned; as well as there was confusion, that the Company has become aware of due to the NASDAQ releasing the new forward split symbol on January 26, 2006, before the payment date set by the Company of February 14, 2006.
 
Posted by BigRob on :
 
Ok now I'm thouroughly confused!
I only have 1 million shares, what does that mean on the 15th of march, do I lose my shares of PAIM and gain new shares under the new symbol if so what's that worth to me if no one buys them.
 
Posted by bobcat88 on :
 
You have 1 million shares of PAIM today, on the 17 th they will issue you 1 billion share of ABCD valued at .0000001.

On the 13'th you will be holding 1 mil of Paim and the 1 bil of ABCD, at a later date they will buy back or r/s the ABCD shares at 1 for 3 you will now be holding 333 mil shares of ABCD valued at .0001 (they way I see it anyway).
 
Posted by MoneyMoneyMoney on :
 
lol. nice question BigRob.

You will have 1mill common share of PAIM
You will also have 1 bill preferred share of PAMX1 or whatever it is.

Your preferred will be untradable but you may continue to trade your common PAIM shares.

The preferred is .00000001 <-- 7 0's and a 1.
 
Posted by dkinvest on :
 
This reminds me of Abbot & Castello, "Who's on First"

LMAO
 
Posted by Raytrader on :
 
bobcat is right
 
Posted by timstl on :
 
is there a minimum number of shares you must own to qualify for this?
 
Posted by dkinvest on :
 
"is there a minimum number of shares you must own to qualify for this?"

Ya, 1
 
Posted by MoneyMoneyMoney on :
 
no, just have to be before the x date set by Nas.
 
Posted by bobcat88 on :
 
Yes, you must own at least 1 share of PAIM, then you will get 1000 share of the new stock ABCD
 
Posted by singledadandhappy on :
 
I own 3 mill I am still confused can anyone tell me if it would be worth holding on to them? Thanks for all replies
 
Posted by bobcat88 on :
 
from the way this has been going there are a bunch of people out there trying to get info on ABCD!
 
Posted by pay up on :
 
If you have PAIM shares you already have forward split shares. The 1000 for one was under the old symbol of PRLGF. 1 share of PRLGF became 1000 PAIM.
 
Posted by timstl on :
 
ha. thanks for the responses. i was curious if you needed to own 1mil or not.

this makes sense now.
 
Posted by bobcat88 on :
 
singledad, no, sell them to me at .0002 and I'll take care of them!
 
Posted by MoneyMoneyMoney on :
 
That doesn't say much bobcat. It is still a rule that you can't trade below .0001. <-- 3 0's and a 1.
 
Posted by dkinvest on :
 
"If you have PAIM shares you already have forward split shares. The 1000 for one was under the old symbol of PRLGF. 1 share of PRLGF became 1000 PAIM"

So only the shareholders of PRLGF will get this dividend on the 15th?
 
Posted by DIGDOUGH on :
 
Thats right

quote:
Originally posted by dkinvest:
This reminds me of Abbot & Castello, "Who's on First"

LMAO


 
Posted by pay up on :
 
shares explained here.
http://biz.yahoo.com/bw/060213/20060213005575.html?.v=1
 
Posted by bobcat88 on :
 
Correct they will most likely be worthless, it is just a loophole PAIM is using to get the shorts to stop playing this. But they will most likely do a buyback and elimiate ABCD.
 
Posted by Raytrader on :
 
I just bought 30m at .0001
 
Posted by Raytrader on :
 
just kidding
 
Posted by cottonjim on :
 
I'm so frickin' confused. I had to read back 4 pages to try to get caught up and it did no good. As far as I can tell I'm going to own 1mil. shares of the stock that I currently own, which I wont be able to trade. On top of that I will own 3 bazillion shares of a stock that's fairly worthless. I don't see when the good thing starts happening.
 
Posted by bobcat88 on :
 
quote:
Originally posted by Raytrader:
now I will go home and kick my dog...lol

Can I come over and kick your dog also.
 
Posted by cottonjim on :
 
So what I bought today does me no good for the 15th deal?
 
Posted by Raytrader on :
 
sure!
 
Posted by bobcat88 on :
 
If you own PAIM share on the 15'th you will get the free shares.
 
Posted by dkinvest on :
 
Drink a bottle of Jack, and maybe you'll figure all this chit out. Until then, enjoy the ride up.
 
Posted by cottonjim on :
 
but will they be worth anything?
 
Posted by DIGDOUGH on :
 
Press Release Source: Pearl Asian Mining Industries Inc.


Pearl Asian Mining Industries, Inc. Announced Today That for Every Common Share of Pearl Asian Owned by Its Shareholders on the Record Date of March 17, 2006, One Thousand (1,000) Preferred Shares Will Be Paid on March 31, 2006
Monday February 13, 4:00 am ET


PASIG CITY, METRO MANILA, Philippines--(BUSINESS WIRE)--Feb. 13, 2006--Pearl Asian Mining Industries, Inc. (OTC:PAIM - News), commonly known as "PEARL ASIAN" announced today that for every Common Share owned by its Shareholders on the Record Date of March 17, 2006, One Thousand (1,000) Preferred Shares of Pearl Asian Mining Industries, Inc., will be paid on March 31, 2006.
ADVERTISEMENT


Anyone that bought or sold shares under the symbol PAIM has bought or sold forward split shares. It has come to the Company's attention that some brokerage firms sold and are continuing to sell the forward split common shares, but others have failed to credit PAIM shares to their clients accounts. The Company has no control over the speed at which the brokerage firms replace 1000 PAIM shares for the 1 share of PRLGF previously owned; as well as there was confusion, that the Company has become aware of due to the NASDAQ releasing the new forward split symbol on January 26, 2006, before the payment date set by the Company of February 14, 2006.

The Company cannot do another Forward Split on February 14, 2006 as NASDAQ had made this already effective on January 26, 2006. As a result, the Company called for a Special Board of the Directors Meeting held on Feb. 11, 2006 which unanimously passed a resolution authorizing a 1,000 preferred shares for 1 common share dividend.

The PRLGF Common Shares are still convertible to PAIM Common Shares 1=1000 upon surrender to the Company's transfer agent, American Heritage Stock Transfer, in Markham, Ontario, Canada. If you own your shares through a securities firm, there should be no action necessary on your part, as this is processed between the DTC, your brokerage firm's clearing house, and the transfer agent.

Forward-Looking Statements:

This news release may contain forward-looking statements concerning the Company's business and future prospects and other similar statements that do not concern matters of historical fact. This Forward-Looking Statement is based on the Company's current expectations. There are numerous factors that could cause results to differ and the Company's current expectations are subject to all of the uncertainties and risks customarily associated with developing business ventures. The Company's actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements contained in this release. The Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information.
 
Posted by mcspeechless1 on :
 
So this 1000 for 1 fwd split is for folks who were sole shares under the old (plrgf)ticker when they should have been sold shares under the new ticker(paim)by their brokerage houses. So now the Brolerages houses have to replace the old shares with 1000 for 1 of the new shares?
 
Posted by dkinvest on :
 
"but will they be worth anything?"

ya, a whopping .00000001 each.
 
Posted by bobcat88 on :
 
Your PAIM will be worth whatever it happens to be trading at. and the new shares will be worth basically nothingtill a later date.
 
Posted by singledadandhappy on :
 
ok thanks
 
Posted by MoneyMoneyMoney on :
 
sure, your 1bill preferred X .00000001 = $10 bucks

Cotton - your 1 mill "PAIM" you will still be able to trade at value now (hopefully).
Your 1 bill "PAMX" shares will be tradable when they reach .0001. But at the time of issuance it is worth10 bucks.

Gl
 
Posted by timstl on :
 
quote:
Originally posted by cottonjim:
but will they be worth anything?

your PAIM shares will not be untradable as I think you were asking earlier. only the new free shares will be because they will be valued under .0001.

lots of people confused about this, and i am no expert myself. the way i understand it is simple:

- you still own your paim shares. nothing changes with paim.
- you get free shares (different symbol) that may or may not be worth jack some day.

it's true they are worthless to start, but so what? they are free.

if this is somehow incorrect someone with more experience please correct me.
 
Posted by dkinvest on :
 
Pearl Asian Mining Industries, Inc. Announced Today That for Every Common Share of Pearl Asian Owned by Its Shareholders on the Record Date of March 17, 2006

I thought the date was March 15?
 
Posted by cottonjim on :
 
but will they be worth anything?"

ya, a whopping .00000001 each.

It's a start I suppose. It's a good thing that I can go home at the end of the day and find comfort in a bottle.
 
Posted by BigRob on :
 
a billion shares of CHIT = CHIT!
 
Posted by dkinvest on :
 
"a billion shares of CHIT = CHIT!"

ya, but some believe this fertilizer is going to transform into gold.


LOL
 
Posted by cottonjim on :
 
Dinosaur sh*t brings a pretty penny in museums, we just have to let these free stocks sit on the ground long enough and they will become valuable. Did that about sum it up?
 
Posted by George on :
 
The new shares will be on the gray market and worthless. It is a paperwork shuffle. They will not have a B/A so most brokers will not touch them. It is the same thing that MLON did when they spun off to PYCT they gave out XMET shares..These divys really mean nothing. The XMET PPS goes up and down because I think confused people are buy or selling them on the gray thinking it is PYCT.
 
Posted by bobcat88 on :
 
Today the Consultant's reading from the Book of Corporate Life, Chapter

1, verses 1-15:

01. In the beginning there was the Plan.

02. And then came the Assumptions.

03. The Assumptions were without form.

04. The Plan was without Substance.

05. And darkness came upon the face of the Workers.

06. And the Workers spoke among themselves saying, "It is a crock of chit and it stinks."

07. And the Workers went unto their Supervisors and said, "It is a crock of dung and we cannot live with the smell."

08. And the Supervisors went unto their Managers saying, "It is a container of organic waste, and it is very strong, such that none may abide by it."

09. And the Managers went unto their Directors, saying, "It is a vessel of fertilizer, and none may abide its strength."

10. And the Directors spoke among themselves, saying to one another, "It contains that which aids plant growth, and it is very strong."

11. And the directors went to the Vice Presidents, saying unto them, "It promotes growth, and it is very powerful."

12. And the Vice Presidents went to the President, saying unto him, "It has very powerful effects."

13. And the President looked upon the Plan, and saw that it was good.

14. And the Plan became Policy.

15. And that's how chit happens.
 
Posted by MoneyMoneyMoney on :
 
Didn't someone find out that these companies with PAIM are all old scammers?
I can't remember and don't feel like going back and reading about it.
Thanks
 
Posted by dkinvest on :
 
So these preferred CHIT shares will somehow have to majically appreciate 1,000,000% in order to trade them?
 
Posted by George on :
 
there is words out, and denied by Pearl, that they are the same group involved with the old MLON and others. Scams are scams and money can be made...just got to work the plan and keep to the plan...
 
Posted by George on :
 
Here is the PR where they say they are not involved with MLON they are just shareholders:

Pearl Asian Mining Industries, Inc. Offers Clarification to Previous Transaction
Tuesday February 21, 9:00 am ET


MANILA, PASIG CITY, PHILIPPINES--(MARKET WIRE)--Feb 21, 2006 -- Pearl Asian Mining Industries, Inc. (Other OTC:PAIM.PK - News), clarifies that in December of 2004, it sold its 40% interest in Western Pacific Minerals, Ltd. that owned the 49 Silver Mining Claims located in the Slocan Area of British Columbia, Canada to Paychest, Inc. (formerly Mellon Research) in return Pearl Asian received 500,000,000 common shares of Paychest, Inc.

Pearl Asian Mining did not issue any shares of Pearl Asian Mining Industries, Inc. to Paychest as a part of that exchange.

Pearl Asian wishes to end rumors that Paychest is a major shareholder in Pearl Asian Mining.

Other than being a minority shareholder in Paychest, Pearl Asian is not connected to Paychest. Nor has Paychest (or Mellon) ever owned or had any control of Pearl Asian; nor has there ever been any officers, directors or management of Pearl Asian in common with Paychest or Mellon.
 
Posted by MoneyMoneyMoney on :
 
Thanks George. You are definitely right, if WTVN can do it then anything can but I say be careful and always take your capital plus a little profit before its too late.
 
Posted by bobcat88 on :
 
tthey will ONLY have to go up 100,000%
 
Posted by George on :
 
MLON has a long history but the crook CEO has been replaced and it is a new company now. spun off as PYCT. MLON history had lots of bad smells to it with the old CEO...
 
Posted by DIGDOUGH on :
 
Hey I like big turd nuggets especially when it trades at 600 bucks an ounce.
 
Posted by DIGDOUGH on :
 
If they split the divvy shares down the road, it won't give much credence to the idea that it has to go up 5 to six figures in value.
Whats the beef anyway? you're not paying for the divvy, it's being handed to us. PAIM is enough by itself, if and when they get the gold moving in the numbers that have been stated, thats huge in it's own right.
Right now thats how I feel about it and I don't care what anybody else says.
 
Posted by DIGDOUGH on :
 
My idea about the divvy is that its being done to thwart naked shorting that is happening. JMO.
 
Posted by MoneyMoneyMoney on :
 
So.......

Gl with your preferred shares.
 
Posted by Raytrader on :
 
Im sure they wil r/s it
 
Posted by MoneyMoneyMoney on :
 
Your assurance. lol.
And I'm sure RSHN will hit a dollar. Just a matter of "time" right.
 
Posted by Raytrader on :
 
well Im certainly not gonna tell them no...I dont want a few billion worthles shares for free.....lol
 
Posted by TroyAnalysis on :
 
chart update..
 -
 
Posted by jellybean on :
 
Don't worry about the price of the preferred shares or the conversion math to common stock. Just buy this week and get on the PAIM train. The train is going to be full of gold nuggets with Pearl as conductor. I will be buying 50 million Friday which will give me 200million.
 
Posted by BigRob on :
 
So here's how I figure it...
After the dividend of 1000 shares per 1
and the reverse split (maybe) I'll have 400m shares and I sell at .01 I will make $4 million.

Sound Reasonable?
 
Posted by suddenstranger on :
 
 - just saw this!!

7 of 9
Member


posted March 08, 2006 23:36
--------------------------------------------------------------------------------
Pearl Asian chat is here. S(he) is an expert in all things SEC and also mining technology. So rare.

http://www.investorshub.com/boards/read_msg.asp?message_id=10068178


Here is a chat w/ Sniper. Raw


[20:21] SuperSniper00: [14:53] <pearl> The last symbol we had for the preferred was PAMXF


[20:57] SuperSniper00: [14:53] <pearl> The last symbol we had for the preferred was PAMXF
[20:57] MSN: yo
[20:57] SuperSniper00: did you read the chat?
[20:58] MSN: no where
[20:58] SuperSniper00: the chat with pearl asia, did you read it?
[20:58] MSN: where?
[20:58] SuperSniper00: http://www.investorshub.com/boards/read_msg.asp?message_id=10068178
[20:58] SuperSniper00: it can get confusing but im good at tracking conversations via chat room so i made sense of it
[20:59] SuperSniper00: not really anything too new, but you learn a lot about the psychology of pearl and what the company is trying to do
[21:02] MSN: <pearl> Who the hell is shorting our company's shares?
[21:02] MSN: if this is true, and the shorting began at 100, i will get rich
[21:03] MSN: remember how the initial price was 100
[21:03] MSN: pearl claims that there is no dumping, but how can anyone short at 1?
[21:03] MSN: ahh, they never will buy back the shares. all a scam
[21:04] MSN:
[14:55] <pearl> That is what I am hoping
[21:04] SuperSniper00: basically they did a 1:5 F/S but the PPS went down a lot and people complained, so to correct this they did a 1:25 R/S but this ****ed it up even more, so then they did the 1:1000 F/S but the people were still idiots and didnt understand it.....so to make up for it they are doing the dividend which really serves an alterior motive
[21:04] MSN: So you will end up with 2 common shares for every 1000
shares of preferred.
[21:04] MSN: if pearl was doing the shorting, then she would reverse
[21:04] MSN: you know, snipe, pearl is a stock scammer
[21:05] SuperSniper00: according to pearl she did the dividend to ensure the company stays in her hands and she will always be the largest shareholder
[21:05] MSN: <pearl> Why would I want to decrease the market cap, when a reverse
would do that
[21:05] MSN: only 1% of people on allstocks understand that
[21:06] SuperSniper00: yeah i know man i read it all
[21:06] SuperSniper00: like i said it gives good imput into what is going on in her head
[21:06] MSN: u know, think
[21:06] MSN: short dont get the div, they pay it
[21:06] MSN: shorts must pay any div
[21:06] MSN: god
[21:06] MSN: i need to post this on allstocks
[21:07] SuperSniper00:
[21:07] MSN: explosion coming
[21:07] MSN: shorts must get out, otherwise they owe trillions of shares
[21:07] SuperSniper00: I'm selling all my RSHN tomorrow and buying another 18m if i can get it at 1
[21:07] MSN: NITE only mm on bid
[21:08] MSN: they r huge gamblers
[21:08] MSN: kings
[21:08] SuperSniper00: yeah i know....MMs are gods and NITE is Zeus
[21:09] MSN: NITE will take huge bets
[21:09] MSN: few mms will
[21:09] SuperSniper00: you gotta play the lotto to win the lotto
[21:10] MSN: this is not lotto
[21:10] MSN: im going to win
[21:10] SuperSniper00: no
[21:10] SuperSniper00: WE are going to win
[21:11] SuperSniper00: pretty kick ass, eh?
[21:12] MSN: :-)
[21:12] MSN: i dont belive pearl is a woman or a miner
[21:12] MSN: thats why he chats
[21:12] SuperSniper00: i do
[21:12] SuperSniper00: and i will tell you why
[21:12] SuperSniper00: she mentioned the Yamamusta gold
[21:13] SuperSniper00: if that is what i think it is....in the philippines there is a rumor widely believed that the japanese left a large treasure of gold in the philippines in WWII
[21:13] MSN: pearl is a sec attorney
[21:13] MSN: im sure
[21:13] SuperSniper00: only a filipino would know about it
[21:14] MSN: lotsa caves
[21:14] SuperSniper00: well a lot of the rumor is that the reason the US is in the country is because Bush wants to find the gold
[21:14] MSN: <pearl> Although I've never personally done it, I have read that shares
can trade below .0001 but the amount can only be seen as .00
[21:14] MSN: only a true expert would know that
[21:14] SuperSniper00: she wasnt aware of the new SEC rule
[21:14] MSN: no way she is a miner
[21:15] SuperSniper00: she isn't a miner
[21:15] MSN: she is a lawyer and a mm
[21:15] MSN: total pro
[21:15] MSN: shell get very rich here
[21:15] MSN: he
[21:15] SuperSniper00: its definately mobbed up ill give you that
[21:16] MSN: <pearl> If the SEC prohibits trades below .0001 then that is the only
price that the preferred will ever trade at if anyone is willing to pay that
price
[21:17] MSN: miner?
[21:17] SuperSniper00: evidenced by the reference of "vertical integration" which she explained as keeping the business between close family and friends and not letting any outside investors touch it
[21:17] SuperSniper00: i dont think she ever claimed to be a miner
[21:18] SuperSniper00: i think she used her DoM money to acquire some mom and pop mines and ended up stumbling upon 2.4 million tons of gold
[21:18] MSN: no. the drilling was very smart. not random
[21:18] MSN: she drilled only 8 holes
[21:19] MSN: hit heavy gold in 3
[21:19] MSN: hard to believe!!!!
[21:19] SuperSniper00: im not saying the drilling was random, im saying going from DoM and trying to scam to actually finding something legit was pure luck for her
[21:20] MSN: look, wash. is the ultimate scam
[21:20] SuperSniper00: and i dont care, all i know is whether she is a miner, SEC pro, MM, or just a dumb filipino, this is going to explode in the next 5 trading days
[21:21] MSN: the power will come from these shorts who are screwed
[21:21] MSN: they assumed the div was a lie
[21:21] MSN: now, they owe
[21:21] SuperSniper00: doesn';t matter if its shorted or not.....but by god i really hope it was
[21:21] MSN: nasdaq computers will force them to pay the div, or be arrested
[21:22] SuperSniper00: USXP anyone?
[21:22] MSN: YYYYY
[21:22] MSN: our usxp
[21:22] SuperSniper00: you brought paim to us all
[21:22] MSN: we will make f**ing bank
[21:22] SuperSniper00: you brought paim to me....i helped bring paim to everyone else
[21:23] SuperSniper00: i have like 500 posts and about 400 of them are on the PAIM thread lol
[21:23] SuperSniper00: screw your ebay business.....you can retire
[21:23] MSN: <traderscorneradmin> Have you ever looked at cyanide and caustic soda
leaching?
[21:24] MSN: what is that?
[21:24] SuperSniper00: miner speak
[21:24] SuperSniper00: i am assuming it is how they process the metals
[21:24] SuperSniper00: possibly seperating the metals from the other rocks
[21:24] MSN: pearl is claiming that she sold no stock
[21:25] SuperSniper00: of course, why would she admit it if she did?
[21:25] MSN: thell gets most of the gold, then sell the talings to others
[21:26] MSN: <pearl> There is loose gold still in the region but not in bars unless
you can find one from the Yamanutsa lost gold
[21:27] MSN: god
[21:27] MSN: im posting this chat
[21:29] SuperSniper00: do it
[21:29] SuperSniper00: we're in the money, we're in the money
[21:29] MSN: the nakeds are doomed
[21:30] MSN: we want the div
[21:30] MSN: shorts have to buy it or be arrested
[21:30] SuperSniper00: these preferred shares are unrestricted and hold full voting rights
[21:30] MSN: naked shorting is illegal. they will be exposed
[21:30] MSN: wow, unrestricted
[21:30] MSN: shorts must buy them all. god
[21:31] SuperSniper00: question
[21:31] SuperSniper00: if they did a R/S would it save the shorts asses?
[21:31] MSN: oh yeah
[21:31] SuperSniper00: wow
[21:32] SuperSniper00: listen to this
[21:32] SuperSniper00: EFGI told the IR guy Rick C that they should do a R/S of the stock
[21:32] MSN: efgi is the short
[21:32] SuperSniper00: "Would be awesome if there was a short conspiracy, lol. EFGI was the fool who sold all the GVRP back in the day, creating that scandal"
[21:33] MSN: efgi was dumping billions of shares
[21:33] MSN: they will need their meds
[21:34] SuperSniper00: this will explode either way....GWGO has a 12b float i think
End of SuperSniper00 buffer: Wed Mar 08 21:34:53 2006
 
Posted by Ripler on :
 
this all sounds too good to be true but i am still in for the ride..
 
Posted by 7 of 9 on :
 
DIGDOUGH is right, the divy is some scheme to screw the shorts, which is why we will be able to sell them.

the shorts have to buy them from us or go to jail.

the divy will be under a new symbol and will be tradeable but beyond that who knows.

Heres how the divy is filed:

>>>>>>>>>>>>>>>>>>>>>>>>>>
Dividend Type:

Stock Div. payable in another company
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

In what other company who knows. At least its not
restricted.

You guys are discussing the "PAR" value which is always irrelevant.


Scammers:

While were on this subject, pls. give me a list of pinkies that are NOT scams. I have none right now and could use a few. There hard to find i think all would agree.
 
Posted by zowwie438 on :
 
BigRob,

Do you really think you will score 4MIL off PAIM?

Zow
 
Posted by BigRob on :
 
I think you missed the point, I'm just trying to state how rediculous this imagginary reverse split sounds, not that I really care I'm here to make money and if none of this plays out hey I bought at .0001, no big deal.
 
Posted by Ripler on :
 
i dunno how instand millionaire is very "realistic" but hey i guess it can happen
 
Posted by MoneyMoneyMoney on :
 
All fine and dandy but!!!

1 trillion shares (for example) X .00000001 =

a WHOPPING 10 thousand dollars they would have to pay from short selling. Not much to pay if they have to for the dividend to skip out on jail.
 
Posted by BigRob on :
 
My honest opinion is that this is a pumpers ploy to keep everyone invested in the stock and as the stock rises they will dump and take profits while maintaining an eventual reverse split keeping interest up and people buying, once the 15th comes I'm guessing this will come crashing.
 
Posted by 7 of 9 on :
 
they cant buy the shares at .000000000001

only at .0001


new SEC rule


this was discussed by Pearl in the chat


this is her plan to screw the shorts


.0001 is the minimum price


do what u want guys, but ill be putting in
sh*tloads of orders.
 
Posted by MoneyMoneyMoney on :
 
Yup and thats exactly why I've been selling and I now have 3 mill more to sell. The short sellers have nothing to worry about cause they would only have to pay 10grand if they shorted 1trillion shares.

I'm cashing out and quick. Moving alot more of my cash into RSHN!!

If the Phillipines had lots of gold they wouldn't be as poor of a country that they are. They would be out digging the gold up themselves to save their country and families.

Thats like saying gold is in them there hills in Orlando. lmao
 
Posted by llpupsll on :
 
SOMEBODY WANTS THOSE SHARES CHEAP!! BAHAHHAHAHA
 
Posted by BigRob on :
 
MMM - I wouldn't go that far! Africa is a poor ass Continent and has plenty of diamonds to sell, however I think the old addage applies here, if it sounds too good to be true it probably is.
 
Posted by Hiker on :
 
I bought 5mil last night at .0002 and sold at .0003. I never thought this one was going any higher then .0003 or maybe .0004.
Quik in and out...just like the burger joint..
 
Posted by MoneyMoneyMoney on :
 
ok, your right BigRob. I set myself up for that one. lol.

I honestly do hope everything turns out right and that we (thousand or so investors according to Pearl) becomes rich.
I do find that hard to believe so I am going to ride free shares into the dividend and hope for the best from there.
 
Posted by Gurgle Smurf on :
 
Why are the people who are not interested in PAIM -- the ones bashing PAIM -- bothering to post anything at all in the PAIM topic ?

Are they attempting to convince me that they care about my financial well-being ? Is this some kind of Christmas-in-March theme happening ?

Please. There are those who believe in PAIM and those who do not. REGARDLESS of what someone's personal beliefs are, one thing is DEFINATE : the perferred shares are f-r-e-e. So, whether or not they are worthless in the future is a moot point. Since they are free, why does anyone care about what they're going to be worth ? If they're worth nothing, then it didn't cost a thing. If they become worth something, then it STILL didn't cost a thing.

Look, if you are considering PAIM and don't want to take a risk with it, then put the cost of a pizza into PAIM and walk away.
 
Posted by plni on :
 
ladies and gentle men lets all take a 3 minute
break, and get a beer, then maybe we will feel even better than we feel now let the bashers drink water and wash out there mouths.
 
Posted by eld24 on :
 
Pearl Asian Mining Industries 'Naked Shorting' Victim
Business Wire - March 09, 2006 06:00

PASIG CITY, Metro Manila, Philippines, Mar 09, 2006 (BUSINESS WIRE) -- Pearl Asian Mining Industries, Inc. (Pink Sheets: PAIM) Reports: In attempting to determine why certain market makers seemed to have an apparently unlimited supply of shares offered at $.0001, the company's Investor Relations Officer Richard Miller stated the following:

"Pearl Asian Mining will not do a reverse split in the foreseeable future. The Company believes that a reverse split would decrease its market capitalization, thus helping market makers that nakedly shorted the stock to more easily buy back shares to the detriment of all current shareholders and the company.

"It was discovered that the unsolicited market making activities of its common shares for the past several days of two market makers quoting the stock on an unsolicited basis had mostly held the price of PAIM stock at 0.0001 for those days.

"When the dividend distribution occurs on March 31, 2006, market makers that nakedly sold shares short will not be able to deliver the 1000 preferred shares for every common share shorted to the designated shareholders."

The Company is encouraged by the recently published rules to take effect before the end of this coming summer that will allow the public to have knowledge of the number of shares sold short in companies traded in all OTC markets per Pink Sheets' release: http://www.pinksheets.com/about/pr_021606.jsp.
 
Posted by plni on :
 
how many like the beer idea
 
Posted by MoneyMoneyMoney on :
 
Smurf,
No one is attempting to convince "you" of anything. I don't care about you or your money.

I'm posting cause I damn well please to and I have many shares, probably more than you.

You take and enjoy your worthless "f-r-e-e" shares. I'll be selling you my common tomorrow.
 
Posted by plni on :
 
im holding on to my shares no matter what then on march 31 im gonna call my ex wife and tell that i now have 6 BILLION SHARES OF !!!!PREFERD STOCK!!!!
 
Posted by TroyAnalysis on :
 
right .0001 is the minimum price tradable period.. exactly 7 of 9's point this is all for the mm's and already seems to be working [Smile] forcing the mm's to cover there shorts all the way into the xdate (15th).

even without the use of share divides here are a few examples.. most recent being GWGO & LFWK from .0022 - .04

(PRWEB) March 8, 2006 -- It’s not uncommon to read about small publicly traded companies complaining about the evils of naked short selling and the negative impact that it has on their price of their stock. It is however, quite uncommon for companies to actually take action and do something about it. The difficult, sometimes daunting task of taking on the issue of naked shorting is usually costly and time consuming, taking valuable resources away from the company’s operations. Some of the most prominent anti-naked short selling proponents include Overstock.com (OSTK), Great West Gold (GWGO), Global Links Communications (GLKC), and CMKM Diamonds which has ceased trading since October of 2005.

One of the newest companies to take on naked short selling is Loftwerks Inc (LFWK). While many of the fore-mentioned companies diverted resources towards fighting naked short positions in their companies, Loftwerks has tackled the problem by diverting more money back into the company, and buying back shares. In fact, in recent news releases Loftwerks has announced that insiders of their company hold more shares of their company’s stock, than have actually been issued. CEO Dennis Ammerman stated, "Insiders decided to buy more shares than are legally available. There is no stock definition for this type of buying; therefore, we created our own definition. We call it 'Short Seller Captured Capital.’” Essentially what this means to Loftwerks shareholders is that insiders own the entire outstanding share count, and then some.

The last time a scenario such as this was revealed, was with Global Links Communications. Robert Simpson, CEO of Global Zann Corp. at one point had in his possession the entire issued and outstanding stock of GLKC, and filed the ownership with the SEC as required. Despite owning all the stock of Global Links, the stock continued to trade millions of shares per day. As investors caught wind, shares of Global Links quickly gained more than 1000% moving from under .01 to over .14 in a matter of weeks.

CMKM Diamonds continues to press on in its fight against naked short selling, now in its 5th month of its historic certificate withdrawal from the DTCC. Since the call to request physical delivery of shares in November, the task force set up to account for the shares has tallied over 400 billion of the 703 billion issued. The latest deadline to show ownership is March 15th, which leaves many investors worried that a naked short position in the company will not be proven. Widespread reports indicate that many shareholders that have requested their certificates are having trouble actually getting them from their brokers. Other shareholders are completely unaware of the certificate pull altogether, since the main method of communication for the process is through message boards and the internet. Undisclosed at this point is the level of ownership of CEO Urban Casavant, and family, as well as the numerous business partners the company was involved with.
For more information visit our website at http://www.thestreetwire.com

###
http://www.prweb.com/releases/2006/3/prweb355943.htm
 
Posted by Gurgle Smurf on :
 
Emotion is useless.

Facts

a.) PAIM has a solid product to market -- GOLD.
b.) PAIM is diversifying into other business ventures, which will provide additional profits for itself -- which translates into profits for shareholders.
c.) PAIM has the ability to provide constant income for itself through its mining; translates into constant income for investors. Even if there is no money dividend, PAIM can use its profits to further diversify and fortify itself through purchasing new equipment, more land, hiring more hands, ETC -- growth strategy.
d.) PAIM has been trading at a very low price the past couple of days -- perfect 'value' investing strategy.
e.) PAIM is taking steps (F/S) to screw short sellers to protect itself -- which means its long term goal is to protect its investors.
f.) Even if the F/S does NOT produce money for its investors initially, the F/S will benefit PAIM by removing short sellers. The trickle down effect of this is that common share investors will be more secure.

Counterpoints

a.) PAIM has not produced a single ounce of gold, yet. Since the future is unknown, no one knows whether or not it will actually produce gold.
b.) It has been said that a company's stock price is low for a reason -- there might be other reasons at play here that we are not privy to.
c.) All the hype about PAIM has come from PAIM itself and from PAIM investors; obviously there is a bias at work. No one who has a large stake at risk in PAIM will do anything to critique and possibily jepordize their market position. PAIM needs to have 3rd party, unbiased, observations and reportings to give creedance to its PRs.
d.) PAIM has the ability to issue out unlimited shares. It's possible, on a whim, that PAIM can control its stock price by issuing more shares. An unlimited amount of shares scattered between a finite number of people means that it is POSSIBLE that all shares are in fact worthless.

We're all on the same team here, people. We're using this forum to make money, and share information that leads to making money. If PAIM is bogus, we all need to know about it. However, there are a lot of talented people on here who believe that PAIM is profittable. There are talented people on here that believe PAIM is NOT profittable. There are reasons for and against; if you want to play it safe, then risk the amount of a pizza and a movie with PAIM. If you want to take a greater risk, and thus have a greater reward, put $1000 or more into PAIM.
 
Posted by SuperSniper00 on :
 
OKAY ONCE AND FOR ALL THIS IS HOW THINGS WORK. THESE ARE THE FACTS AND NOT OPINIONS.


1. In late Jan/early feb PRLGF did a 1:1000 SPLIT. The new symbol traded is PAIM and the O/S went from 30 million to 30 billion.

2. PAIM has set a record date for a DIVIDEND on March 17th. The dividend will be paid 1000 preferred shares for every 1 common share you own.

3. The NASD has set the x-date as March 15th. This means if you own common stock in PAIM at 4pm on March 14th, you will receive the dividend stated in #2.

4. The preferred shares will trade under a different CUSIP and a different ticker symbol. The PAR VALUE of the shares will be .00000001.

5. New SEC rule states that no one is allowed to buy or sell a security at less than .0001. This means none of us will be able to sell our preferred shares unless someone is willing to buy at .0001.

6. PAIM has been the victim of naked short sellers in recent weeks. If you short sell a stock during a dividend, you have to PAY the dividend otherwise you go to jail. Short sellers are now playing beat the clock to recover their billions of shorted shares before the xdate so they dont have to pay the divvy. This is called a short squeeze. This generally drives the price of stock up considerably (check out IDWD).

That is it that is final. If you dont understand this then, well, you are dumb. If you think PAIM is real buy the stock and hold for a year because they will be seeing revenue 4th quarter 2006 and 1st quarter of 2007. If you dont believe PAIM is legit, buy PAIM now hold until the xdate, get the dividend. Then sell your shares with your 500% profit because PAIM will be .001 or higher on the xdate. PERIOD.
 
Posted by Max Shrap on :
 
And those that can't sell by the xdate will be wiped out.
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by Max Shrap:
And those that can't sell by the xdate will be wiped out.

What in the world are you talking about?
 
Posted by Max Shrap on :
 
The O/S will be 30 trillion. The stock will be deluted to 0 with no revenue coming til the middle of next year, what PR is gonna raise this money pit? They blew their load with the forward looking PR. Who is gonna be able to sell their BILLIONS of shares?
 
Posted by finalwish on :
 
If you sell the shares on xdate (3/15) do you still get the dividens?
 
Posted by Max Shrap on :
 
There are gonna be SO MANY Friggin Flippers trying to sell before the xdate and so few buyers that you will be lucky if you can get out by then. You might as well hold onto your shares and unpack your bags in the "house of PAIM(N)."

quote:
Originally posted by finalwish:
If you sell the shares on xdate (3/15) do you still get the dividens?


 
Posted by JOELGA on :
 
Snipe, so there will be two types of stocks trading at once? What will the difference be having preferred versus common? Is one more attractive than the other?
 
Posted by Max Shrap on :
 
Hey, I hope I'm wrong. Maybe I give stocktraders too much credit. They may be dumber than I think, and maybe everyone will make millions selling their billions of shares for .01. I'm not a hater or a basher, I'm just trying to wrap my head around the insanity of this stock. The structure is re-g*d-damn-diculous.... in a bad way.
 
Posted by tmanfromtexas on :
 
MAX, the o/s of PAIM is not going to change. The preferred shares will be under a new symbol and cusip number. Dont scare the newbies. TMAN...
 
Posted by JOELGA on :
 
People are confusing this divy with a forward split, which it is NOT!
 
Posted by Max Shrap on :
 
It doesn't matter what the symbol is, it is still splitting the SAME PIE. You can call it what you want, it is the same gold mines with the same gold being split 1000 times. And if you split 30 billion by 1000 you still get 30 trillion. And if you try to sell a billion shares, who do you think is gonna buy them? And if nobody buys them, how much are they worth?

quote:
Originally posted by JOELGA:
People are confusing this divy with a forward split, which it is NOT!


 
Posted by JOELGA on :
 
You have a point Max. Im just trying to figure this all out in my head. Whats the difference between preferred and common stock?
 
Posted by timstl on :
 
quote:
Originally posted by JOELGA:
You have a point Max. Im just trying to figure this all out in my head. Whats the difference between preferred and common stock?

try google you'll find lots of info.

max, you do have a point. however, the dividend that they are issuing won't even be tradable due to low value. to me that leaves the o/s at 30 billion. people aren't going to be trying to sell the new symbol when (if) PAIM shoots up.
 
Posted by SuperSniper00 on :
 
The O/S is 30 billion before and after the xdate.

The pie doesn't change at all because you wont be able to sell the preferred stock probably for months. By then PAIM will be pulling in revenue. Now if the preferred shares were being traded that would indeed dilute, but if 30 tril is just sitting there, its as if it doesn't even exist.
 
Posted by SuperSniper00 on :
 
In 2 years PAIM will be on the NASDAQ trading in the dollars and I'll make sure to send Max a post card from the bahamas.
 
Posted by suddenstranger on :
 
get the picture..  -
 -
 
Posted by Max Shrap on :
 
Hey, if this happens, there are some stupid stocktraders out there that can't do basic math. Cuz anyone who does the math on this stock will not allow this stock to go above .00000001, with the current structure. And if you know ANYTHING about Gold stocks, the PRs are few and far between. After the xdate, you might as well hold a funeral for this stock and bury it 'til the end of the year, cuz it will be dead. The lucky ones are the ones that gambled on it and got out with a nice flip.


quote:
Originally posted by SuperSniper00:
In 2 years PAIM will be on the NASDAQ trading in the dollars and I'll make sure to send Max a post card from the bahamas.


 
Posted by SuperSniper00 on :
 
When PAIM is pulling out 1billion dollars in gold and silver, the preferred will be converted to common. O/S will be 90 billion and then they will do a R/S which will initially hurt the stock but it will recover because with a billion in revenue it is impossible for it not to. bing bang boom
 
Posted by Max Shrap on :
 
Anyone care to decode the point?


quote:
Originally posted by suddenstranger:
get the picture..  -
 -


 
Posted by Max Shrap on :
 
1 billion x .05(the 5 percent owned by shareholders) divided by 90 billion(you are pulling this one from deep out your *ss, but I'll roll with it) = ?


quote:
Originally posted by SuperSniper00:
When PAIM is pulling out 1billion dollars in gold and silver, the preferred will be converted to common. O/S will be 90 billion and then they will do a R/S which will initially hurt the stock but it will recover because with a billion in revenue it is impossible for it not to. bing bang boom


 
Posted by jakeo on :
 
Cashed out today for a nice 100%!

But...
Just a word about these Preferred shares they are giving out... to me at a price of .000000001 they dont seem to be worth much, so it seems they are really giving away nothing, and we would be recieving nothing . Possibly in the FARRR future it might be worth something if it last that long.

JMHO and i agree with alot of others, This will keep going til the div date then die.
Usually when there is this much controversy around a sketchy company like this there is a basis for it. IN AND OUT!!! GL!
 
Posted by SuperSniper00 on :
 
First volume, then price. Sorry you're missing out on thousands of dollars.

Bookmark this post and read it again on the 13th and 14th because I am just going to say, "I told you so." right now, because I'll be too busy spending my money on those days.
 
Posted by Max Shrap on :
 
I am not here to bash. I know it comes off that way. I am just debating with facts as they appear to be. If they do actually clean up the structure of this thing and make people some big cash, I will be happy for you and them. I just don't see how anybody who would create this mess, would be able to straighten it out and make it into anything that would resemble legitimate.

quote:
Originally posted by SuperSniper00:
First volume, then price. Sorry you're missing out on thousands of dollars.

Bookmark this post and read it again on the 13th and 14th because I am just going to say, "I told you so." right now, because I'll be too busy spending my money on those days.


 
Posted by Max Shrap on :
 
It doesn't matter if the 30 trillion is being traded or not. The "pie" is still divided into 30 trillion pieces. They don't divide a separate "pie" into 30 trillion. It is the same "pie" that ALL the shares come from, which means that ALL the shares are subject to the dilution.

quote:
Originally posted by SuperSniper00:
The O/S is 30 billion before and after the xdate.

The pie doesn't change at all because you wont be able to sell the preferred stock probably for months. By then PAIM will be pulling in revenue. Now if the preferred shares were being traded that would indeed dilute, but if 30 tril is just sitting there, its as if it doesn't even exist.


 
Posted by weatherbill on :
 
you people are not getting it at all....it's not about the shares or dilution.....the company set this up to burn the MM's for shorting their stock...this thing is going to explode becasue they;'ve shrted this to death at .0001 and you can;t get folks to give up shares any lowerdon't sell your shares, let the mm's burn and have to pay more for them before the divy day.....

[ March 09, 2006, 22:58: Message edited by: weatherbill ]
 
Posted by Max Shrap on :
 
The divi still has to be paid. And if they pay the divi, it will dilute the stock.

quote:
Originally posted by weatherbill:
you people are not getting it at all....it's not about the shares or dilution.....the company set this up to burn the MM's for shorting their stock...this thing is going to explode becasue they;'ve shrted this to death at .0001 and you can;t get folks to give up shares any lower, so when the divy day comes,the MM's will ahve to pay 1000 times more on the shares they've shorted......don't sell your shares, let the mm's burn and have to pay more for them before the divy day.....


 
Posted by weatherbill on :
 
I think the divy stock won't even be traded.....it;s just set up by the company to burn the MM's for shorting, to make the stock better
 
Posted by Silence on :
 
Any one else see this?
_______________________________________

"PEARL ASIAN GOLD"



*AVAILABLE FOR SALE * AFTER NOV., 2006

SPECIAL FEATURES:
18 +/- gms weight (Minimum)
PURITY from 95% to 99.99%
Size of a Credit Card
1/4 inch thick
Hallmarked and Serialized
Certificate of Authenticity
Customized with Name

COST: Based on London Bullion Metal Exchange (LBME)
Gold Price Fixing AM or PM

1. $10 off the LME Price= for 10% DEPOSIT
2. $15 off the LME Price= for 20% DEPOSIT
3. $25 ofF the LME Price= for 50% DEPOSIT
4. $50 off the LME Price= for FULL PAYMENT

Gold Price * LME AM / PM PRICING COST:

a. ORDERS PLACED AFTER 6:00 PM USA Pacific
Time Gold price is * AM Fixing LME

b. ORDERS PLACED AFTER 12:00 NOON USA
Pacific Time Gold price * PM Fixing LME

MODES OF PAYMENT:

a. CREDIT CARDS: VISA, MASTER CARD,
AMERICAN EXPRESS
or
b. VIA PAY PAL
or
c. WIRE TRANSFER TO:

Pearl Asian Mining Industries, Inc.
Bullion
HSBC BANK CANADA
885 West Georgia Street, Vancouver
B.C., CANADA V6C 3G1
Swift Code: HKBCCATT
A/C # 020-749287-071
ABA # 021-001-088
or

d. CASHIERS Check- PAYABLE TO:

PEARL ASIAN MINING INDUSTRIES, INC
INVESTORS TRUST FUND ACCOUNT


DELIVERY: PLUS SHIPPING, HANDLING OR ANY
APPLICABLE TAXES
BONDING & INSURANCE

(INTERNATIONAL) MUST GO THROUGH
CUSTOMS: THE PRODUCTS ORIGINATED FROM
THE PHILIPPINES TO CLIENT'S

APP. 3-4 weeks after the ORDER is in placed.
allowing for Custom Clearances..

FOR FURTHER INQUIRIES PLEASE CONTACT:

IR*PearlAsianMining.com
(604)688-9589 (D)
 
Posted by ohio_trader on :
 
Screw the divy......how much impact will this have on our common shares....there are several outcomes....if this company is for REAL....the best and likely scenario down the road is a R/S on the preferred divy shares....or convert back to common shares......Im not betting the ranch on this one....I sold most of my postion last week, but still have plenty left to make it fun...

Good Luck to PAIM holders/longers!!!!!!


***do yourhomework***


Ohio_Trader
 
Posted by Max Shrap on :
 
The MMs are not a factor in the pps. This company has absolutely NO Revenue and a 30 billion O/S. There will be no revenue until the middle of 2007 if at all(who knows what's gonna happen in the Phillipines) You can't short a stock that is worthless.
 
Posted by Silence on :
 
Good read on the Common and Preferred Stock
Gives the numbers on Outstanding, Authorized, and Float for both.

_____________________________________________

https://www.otcstockinfo.com/repository/651759/
651759_FR14.pdf
 
Posted by SincereX13 on :
 
Here is the thing... you can argue the negative aspects of the divy all you want, or argue the legitness of the company as well, but the fact is that this stock has literally gone from .0001 over the last two weeks to .0003 (and even hit .0004 it looks like) this week. All naysayers have been wrong, the stock has gained 200% this week. I could care less if Pearl Asian is the gateway from Pergatory to Hell, bashers at .0001 or .0002 were wrong.
 
Posted by Max Shrap on :
 
Dude, the guys making the cash are the guys who are flipping it. Once the xdate passes the excitement ends. If you are lucky enough to get your sell order filled by the xdate, you MAY make some decent cash, but after that, it will probably be down hill until they get their production facilities set up by the end of the year. But, hey, I am using logic. For your sake, I hope logic doesn't apply.
 
Posted by holdensteele on :
 
Where do you find this?

quote:
Originally posted by Silence:
Any one else see this?
_______________________________________

"PEARL ASIAN GOLD"



*AVAILABLE FOR SALE * AFTER NOV., 2006

SPECIAL FEATURES:
18 +/- gms weight (Minimum)
PURITY from 95% to 99.99%
Size of a Credit Card
1/4 inch thick
Hallmarked and Serialized
Certificate of Authenticity
Customized with Name

COST: Based on London Bullion Metal Exchange (LBME)
Gold Price Fixing AM or PM

1. $10 off the LME Price= for 10% DEPOSIT
2. $15 off the LME Price= for 20% DEPOSIT
3. $25 ofF the LME Price= for 50% DEPOSIT
4. $50 off the LME Price= for FULL PAYMENT

Gold Price * LME AM / PM PRICING COST:

a. ORDERS PLACED AFTER 6:00 PM USA Pacific
Time Gold price is * AM Fixing LME

b. ORDERS PLACED AFTER 12:00 NOON USA
Pacific Time Gold price * PM Fixing LME

MODES OF PAYMENT:

a. CREDIT CARDS: VISA, MASTER CARD,
AMERICAN EXPRESS
or
b. VIA PAY PAL
or
c. WIRE TRANSFER TO:

Pearl Asian Mining Industries, Inc.
Bullion
HSBC BANK CANADA
885 West Georgia Street, Vancouver
B.C., CANADA V6C 3G1
Swift Code: HKBCCATT
A/C # 020-749287-071
ABA # 021-001-088
or

d. CASHIERS Check- PAYABLE TO:

PEARL ASIAN MINING INDUSTRIES, INC
INVESTORS TRUST FUND ACCOUNT


DELIVERY: PLUS SHIPPING, HANDLING OR ANY
APPLICABLE TAXES
BONDING & INSURANCE

(INTERNATIONAL) MUST GO THROUGH
CUSTOMS: THE PRODUCTS ORIGINATED FROM
THE PHILIPPINES TO CLIENT'S

APP. 3-4 weeks after the ORDER is in placed.
allowing for Custom Clearances..

FOR FURTHER INQUIRIES PLEASE CONTACT:

IR*PearlAsianMining.com
(604)688-9589 (D)


 
Posted by SincereX13 on :
 
Well nobody is here to hold hands, I plan on taking full advantage of the excitement on this stock at the begining of next week and end of next week. All I am saying is that naysayers at .0001 were already wrong and could have made money at this point.
 
Posted by weatherbill on :
 
in at .0001, it is worth the risk to me to wait till at least next week and see if the stock rises past .0006 or more, then cash in.....the risk/reward ratio is too good here.....not selling anytime tomorrow........
 
Posted by holdensteele on :
 
quote:
Originally posted by Max Shrap:
But, hey, I am using logic. For your sake, I hope logic doesn't apply.

LMFAO!!! How can you claim logical thinking when you've been going on and on about "30 trillion", "30 trillion", without paying any attention to the fact that its value is .00000001 which amounts to a measly $300,000 that won't be tradable unless some dupe pays me .0001 . . . in which case I would make out like a bandit. More important, if the preferreds go through a r/s to equal the commons, we're only talking about an additional 3 billion shares added to the 30 billion. This divy is just to go after those naked shorters, so stop with the doomsday "trillions and trillions of shares all apart of one big apple pie!!!"
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by Max Shrap:
The MMs are not a factor in the pps. This company has absolutely NO Revenue and a 30 billion O/S. There will be no revenue until the middle of 2007 if at all(who knows what's gonna happen in the Phillipines) You can't short a stock that is worthless.

BS dude...billions of shares were shorted in a very naked manner. Count the volume for the past 2 weeks!

That means the MMs need to rebuy those shares, which will decrease float and anyone who knows a thing or two about investing will tell you a decreased float means higher PPS.

Its beat the clock for the MMs. Buy the shares back or go to jail! I hope those MMs burn and lose the shirts off their back, then they will just be naked. Isn't it ironic, doncha think?
 
Posted by Ripler on :
 
wow some interesting "arguements" from both sides.

It looks like everyone is starting to turn on this stock now.. fear
 
Posted by holdensteele on :
 
quote:
Originally posted by Ripler:
wow some interesting "arguements" from both sides.

It looks like everyone is starting to turn on this stock now.. fear

Ignorance is not always bliss.
 
Posted by Silence on :
 
http://www.***********************.com/c/paim/products.html


quote:
Originally posted by holdensteele:
Where do you find this?

quote:
Originally posted by Silence:
Any one else see this?
_______________________________________

"PEARL ASIAN GOLD"



*AVAILABLE FOR SALE * AFTER NOV., 2006

SPECIAL FEATURES:
18 +/- gms weight (Minimum)
PURITY from 95% to 99.99%
Size of a Credit Card
1/4 inch thick
Hallmarked and Serialized
Certificate of Authenticity
Customized with Name

COST: Based on London Bullion Metal Exchange (LBME)
Gold Price Fixing AM or PM

1. $10 off the LME Price= for 10% DEPOSIT
2. $15 off the LME Price= for 20% DEPOSIT
3. $25 ofF the LME Price= for 50% DEPOSIT
4. $50 off the LME Price= for FULL PAYMENT

Gold Price * LME AM / PM PRICING COST:

a. ORDERS PLACED AFTER 6:00 PM USA Pacific
Time Gold price is * AM Fixing LME

b. ORDERS PLACED AFTER 12:00 NOON USA
Pacific Time Gold price * PM Fixing LME

MODES OF PAYMENT:

a. CREDIT CARDS: VISA, MASTER CARD,
AMERICAN EXPRESS
or
b. VIA PAY PAL
or
c. WIRE TRANSFER TO:

Pearl Asian Mining Industries, Inc.
Bullion
HSBC BANK CANADA
885 West Georgia Street, Vancouver
B.C., CANADA V6C 3G1
Swift Code: HKBCCATT
A/C # 020-749287-071
ABA # 021-001-088
or

d. CASHIERS Check- PAYABLE TO:

PEARL ASIAN MINING INDUSTRIES, INC
INVESTORS TRUST FUND ACCOUNT


DELIVERY: PLUS SHIPPING, HANDLING OR ANY
APPLICABLE TAXES
BONDING & INSURANCE

(INTERNATIONAL) MUST GO THROUGH
CUSTOMS: THE PRODUCTS ORIGINATED FROM
THE PHILIPPINES TO CLIENT'S

APP. 3-4 weeks after the ORDER is in placed.
allowing for Custom Clearances..

FOR FURTHER INQUIRIES PLEASE CONTACT:

IR*PearlAsianMining.com
(604)688-9589 (D)



 
Posted by Silence on :
 
www. stock information systems .com

all together
 
Posted by holdensteele on :
 
What's the *********************?
 
Posted by Max Shrap on :
 
You forget that there are gonna be thousands of other shareholders trying to dump their billions of shares at .0001. How many are gonna want to buy?

quote:
Originally posted by holdensteele:
quote:
Originally posted by Max Shrap:
But, hey, I am using logic. For your sake, I hope logic doesn't apply.

LMFAO!!! How can you claim logical thinking when you've been going on and on about "30 trillion", "30 trillion", without paying any attention to the fact that its value is .00000001 which amounts to a measly $300,000 that won't be tradable unless some dupe pays me .0001 . . . in which case I would make out like a bandit. More important, if the preferreds go through a r/s to equal the commons, we're only talking about an additional 3 billion shares added to the 30 billion. This divy is just to go after those naked shorters, so stop with the doomsday "trillions and trillions of shares all apart of one big apple pie!!!"

 
Posted by Ripler on :
 
ok ok but thats not my point...where were these arguements 1 week ago...it is SERIOUSLY REALLY heating up AGAINST...why NOW all of a sudden?
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by Max Shrap:
You forget that there are gonna be thousands of other shareholders trying to dump their billions of shares at .0001. How many are gonna want to buy?

quote:
Originally posted by holdensteele:
quote:
Originally posted by Max Shrap:
But, hey, I am using logic. For your sake, I hope logic doesn't apply.

LMFAO!!! How can you claim logical thinking when you've been going on and on about "30 trillion", "30 trillion", without paying any attention to the fact that its value is .00000001 which amounts to a measly $300,000 that won't be tradable unless some dupe pays me .0001 . . . in which case I would make out like a bandit. More important, if the preferreds go through a r/s to equal the commons, we're only talking about an additional 3 billion shares added to the 30 billion. This divy is just to go after those naked shorters, so stop with the doomsday "trillions and trillions of shares all apart of one big apple pie!!!"

The same idiots who bought USXP at .03 and were still pumping it.
 
Posted by holdensteele on :
 
That's the point. Absent some sort of r/s, nobody will be selling their preferred shares anytime soon. In the meantime, the price of the commons will be pushed up by the immediate demand of the naked shorters. After the divy, we'll still only have 30 billion commons that are being traded. In other words, the divy is not any form of meaningful dilution.
 
Posted by SincereX13 on :
 
Max

First you won't be able to trade your billions of preffered shares initially period. Second, most likely their will be either a reverse split among the preffered shares or an offer to trade 1000 preffered for 2 common. Third the real profit to be made here is before the dividend anyway. I don't get how you can keep arguing as this thing goes up? Sure it may tank after the 17th but many are not 'concerned' about that at all.
 
Posted by Max Shrap on :
 
Well, one thing is for sure, this will be fun to watch. Good Luck. I personally think Luck is the most important factor in this equation.


quote:
Originally posted by SuperSniper00:
quote:
Originally posted by Max Shrap:
The MMs are not a factor in the pps. This company has absolutely NO Revenue and a 30 billion O/S. There will be no revenue until the middle of 2007 if at all(who knows what's gonna happen in the Phillipines) You can't short a stock that is worthless.

BS dude...billions of shares were shorted in a very naked manner. Count the volume for the past 2 weeks!

That means the MMs need to rebuy those shares, which will decrease float and anyone who knows a thing or two about investing will tell you a decreased float means higher PPS.

Its beat the clock for the MMs. Buy the shares back or go to jail! I hope those MMs burn and lose the shirts off their back, then they will just be naked. Isn't it ironic, doncha think?


 
Posted by SincereX13 on :
 
except luck is the most important factor in every pinkie
 
Posted by holdensteele on :
 
In addition, if PAIM is really advertising gold bars already, it would appear they are sufficiently confident that they will be producing in the fourth quarter as they have represented. GOLD!!! A company with a total maket value of only $3 million (30 billion X .0001)!!! Once they get even a small amount of gold, don't you think that .0001 will rise . . . oh . . . just a tad?
 
Posted by Max Shrap on :
 
This one needs it more than most. The structure on this is ugly. 30 trillion is a scary fuggin number.

quote:
Originally posted by SincereX13:
except luck is the most important factor in every pinkie


 
Posted by singledadandhappy on :
 
can anyone say bre-x ? hey I know people lost alot but from what I have read alot also made a fortune.
 
Posted by Ripler on :
 
ok whos planning on holdting after the xdate? / selling before?
 
Posted by SincereX13 on :
 
right... but the 30 trillion is not paim... it will be under a different ticker. Besides I don't plan on holding that long. All I am saying is that this was a great play at .ooo1 or .ooo2 and bashers have said otherwise all along.

Look nothing down here makes sense... 7 of 9 loves paim but rips rshn. So do I like him or hate him? Doesn't matter, money can be made here short term and that is the point period!
 
Posted by holdensteele on :
 
Again with the 30 trillion. Jesus. If it were 30 trillion common at .0001 then, yes, we would all be laughing at Pearl and begging somebody to take our shares for free just to clear our "portfolios". BUT IT IS NOT, so stop acting like it is.
 
Posted by singledadandhappy on :
 
3 mill 4 hundred bucks no big deal I'll let it ride hope for the best hope is the only thing that is still free
 
Posted by Max Shrap on :
 
The stock is over valued at .0001 presently. Don't forget shareholders only hold 5 percent of the company.

quote:
Originally posted by holdensteele:
In addition, if PAIM is really advertising gold bars already, it would appear they are sufficiently confident that they will be producing in the fourth quarter as they have represented. GOLD!!! A company with a total maket value of only $3 million (30 billion X .0001)!!! Once they get even a small amount of gold, don't you think that .0001 will rise . . . oh . . . just a tad?


 
Posted by adlai on :
 
This stock is a piece of sh*t...

I am a huge hater of this PAIM, I hate it so much I almost created another username titled PAIMHATER...

But,I think it's important to note that if you made your 100% profit, that's really awesome...

Props to all of you that made some money o PAIM.
 
Posted by SincereX13 on :
 
Max I don't dislike you by far... but the point is that paim has gone from .0001 to .0003 and will likely continue to rise until the 17th. This is the main point, I hope you see the logic here.
 
Posted by TroyAnalysis on :
 
Here is the thing... you can argue the negative aspects of the divy all you want, or argue the legitness of the company as well, but the fact is that this stock has literally gone from .0001 over the last two weeks to .0003 (and even hit .0004 it looks like) this week. All naysayers have been wrong, the stock has gained 200% this week. I could care less if Pearl Asian is the gateway from Pergatory to Hell, bashers at .0001 or .0002 were wrong.

nice post SincereX13..

and adlai i'm ROTFLMAO HHA what a freakin joke
 
Posted by Max Shrap on :
 
I already copped to the fact that it is good for flipping. Sniper thinks this thing is gonna make him a millionaire. I am just responding to people that think this thing is legit.

quote:
Originally posted by SincereX13:
Max I don't dislike you by far... but the point is that paim has gone from .0001 to .0003 and will likely continue to rise until the 17th. This is the main point, I hope you see the logic here.


 
Posted by adlai on :
 
I think that gold bar thing is a scam...

I'm ROTFLMAO too...
 
Posted by llpupsll on :
 
TSK TSK, SOMEONE IS MISSING OUT ON THE PAIMTRAIN! ALL ABOARD....


THOUGHTS?
 
Posted by tmanfromtexas on :
 
Max if you would make honest claims about the share structure maybe someone would listen but saying there will be 30 trillion in the float is just asinine. PAIM has 30 billion authorized and 5 billion in the float. PERIOD. With you trying to make the preferred shares sound like the common shares makes you sound like someone who is sad that they sold to early and now cant get back in. Sux to be you. TMAN...
 
Posted by TroyAnalysis on :
 
Keep Bashing!..been working Great so far! Go PAIM!!  -
 
Posted by SincereX13 on :
 
Ok Max, I hear you, 7 of 9 rips RSHN but praises PAIM. PAIM has a lot more suspect issues than RSHN. But to argue this would be to argue semantics. None of these sub pennies will make any of us millionares in one shot.

So if this is your gripe then I am not against you. If anything I appreciate guys like you, people that are grounded and logical. I just hope you understand my thought process thus far.
 
Posted by ohio_trader on :
 
Hey guys and gals,

regardless of what you do, if your in position now...for crying out loud you have to hold at least a 1 or 2 million shares just for the sake of it----yes you could lose your 100% gain , but on 1-2 million shares...who cares

if red 14 hits you won't hang yourself,lol


*****baby....THIS is what risk is ALL about !!!!


**do your homework**


Ohio_Trader
 
Posted by Max Shrap on :
 
Nobody has missed the boat on this thing. ANYBODY will be able to get in on the dirt cheap after the xdate, cuz there won't be any Exciting PR 'til they get the production facilities built at the end of the year. If you don't think 30 trillion O/S preferred shares is wacky, I'd like to know all the other stocks that you own multi-billion preferred shares of. And the only way they can be meaningless is if they are worthless.

quote:
Originally posted by tmanfromtexas:
Max if you would make honest claims about the share structure maybe someone would listen but saying there will be 30 trillion in the float is just asinine. PAIM has 30 billion authorized and 5 billion in the float. PERIOD. With you trying to make the preferred shares sound like the common shares makes you sound like someone who is sad that they sold to early and now cant get back in. Sux to be you. TMAN...


 
Posted by TroyAnalysis on :
 
There may very well be bars of gold on the Island, but I doubt we the shareholders would ever see anything from them if they were to be found on the company claims.
All that is beside the point.
The company claims they are being seriously Naked Shorted and apparently have put in place a dividend to try and bust any would be shorter. It seems they may or may not be right. The share price is now moving up for some reason and it may be due to shorts trying to cover or it may just be because there is a lot of buying pressure or both.
It did move up awful suddenly after the announcement making the MM's look very guilty in my book.
I know Janice will try and say Naked Shorting is just a cover for heavy dilution by the company, but that is her story on every company that claims it's been shorted.
I myself believe it's these very companies that are belived to be scams that are targeted by the shorts and that may very well be the case here. If so, then I also believe pearl and her people were smart enough to smell a rat and have taken creative measures with this dividend to counter the short.
The next few days should be interesting to say the least, but let it be said Naked Shorts don't give in to easily, but the fact that this company has made this move so early in the game while interest in the company is at a peak and the company knows exactly how many shares should be trading in the float could be any would be Naked Shorts undoing. JMHO

..excellent post from the PAIM board on IHUB...

http://www.investorshub.com/boards/read_msg.asp?message_id=10092873
 
Posted by SincereX13 on :
 
Yeh Janice is very against this stock... another reason why I don't buy into the "this stock is a scam" crap. They are all scams in pinkie land. The more people like her argue against, the more the stock seems to move. IDWD was a huge scam at .17 and nothing has changed, yet the stock has traded at .90 recently.
 
Posted by TroyAnalysis on :
 
Yeh Janice is very against this stock... another reason why I don't buy into the "this stock is a scam" crap. They are all scams in pinkie land. The more people like her argue against, the more the stock seems to move. IDWD was a huge scam at .17 and nothing has changed, yet the stock has traded at .90 recently.

agreed....
 
Posted by Ripler on :
 
^^ a little different since PAIM is hovering around .0001 and IDWD was .15...actually VERY different... makes IDWD seem a "little" more legit.
 
Posted by Gurgle Smurf on :
 
Limit Order Placed (Sell) : 1,200,000 * .0009

It'd be nice if everyone made the shorts pay top dollar for our stock.
 
Posted by WangChung73 on :
 
So now we're only receiving 1,000 "preferred" shares for every million shares of PAIM instead of 1 billion "preferred" shares for each million like someone mentioned here a few days ago?
 
Posted by Gurgle Smurf on :
 
quote:
Originally posted by WangChung73:
So now we're only receiving 1,000 "preferred" shares for every million shares of PAIM instead of 1 billion "preferred" shares for each million like someone mentioned here a few days ago?

No. Just multiply (your currently owned common shares) with 1000.

If you own 1,000,000 common shares RIGHT NOW.

Then after the divy, you'll own 1,000,000 common shares AND 1,000,000,000 preferred shares.
 
Posted by WangChung73 on :
 
So you're saying I'll have 100 BILLION "preferred" shares? I currently own 100 million PAIM shares.
 
Posted by Ripler on :
 
ya man
 
Posted by WangChung73 on :
 
And how much is each "preferred" share worth?
 
Posted by Ripler on :
 
.00000001 under a new symbol...so basically nothing right now
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by Ripler:
^^ a little different since PAIM is hovering around .0001 and IDWD was .15...actually VERY different... makes IDWD seem a "little" more legit.

Not really. The PPS could be $1 and the company could not own a damn thing. Its all about what investors are willing to pay. IDWD is nothing, hasn't been a company for years. SEC hardly ever removes a ticker symbol, even if the company folds. PAIM is relatively new, and when you are new you start out at .0001, not $10.
 
Posted by SuperSniper00 on :
 
L2s suggest we should be perhaps a HOD of .0006 and mostly 4/5s printing all day.
 
Posted by George on :
 
This is almost like GVRP all over again...very few people made money on that lotto...most said hety it is only a $50 investment to try and win millions...guess what I still have my $50 worth of worthless stocks...
 
Posted by fishfarmer on :
 
quote:
Originally posted by George:
This is almost like GVRP all over again...very few people made money on that lotto...most said hety it is only a $50 investment to try and win millions...guess what I still have my $50 worth of worthless stocks...

No guts no sausage George. [Cool]
 
Posted by dkinvest on :
 
I can't wait to get my bizillion preferred shares worth:

.00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 000000000000000000000000000000000000000000001
 
Posted by daytr8er on :
 
PAIM .0003x.0004
Looks like they did naked shorted PAIM this stock could run with little volume now.
 
Posted by kt325ci on :
 
B/A
3x.0003 / 2x.0004
 
Posted by TroyAnalysis on :
 
very nice kt325ci
 
Posted by kt325ci on :
 
this thing would be flying if not for all the .0003 sellers.
 
Posted by fishfarmer on :
 
L2 looks good, free on pinks.
 
Posted by TroyAnalysis on :
 
..this is Friday...holding....

..and we have a new mm on board again today!
 
Posted by kt325ci on :
 
Troy, you talking about SEAB?
 
Posted by George on :
 
quote:
Originally posted by fishfarmer:
quote:
Originally posted by George:
This is almost like GVRP all over again...very few people made money on that lotto...most said hety it is only a $50 investment to try and win millions...guess what I still have my $50 worth of worthless stocks...

No guts no sausage George. [Cool]
Hey Fish...I am not saying this is a bad one, only that it just reminds me of GVRP...you can make a boat load of money on these kind of deals or loss a little....Just like the Lotto...Good luck guys but i am out for now...
 
Posted by daytr8er on :
 
Guess ull miss out on next weeks run. PAIM
 
Posted by kt325ci on :
 
another mm, VERT, just joined the party. 4 mm's on the bid now.
 
Posted by singledadandhappy on :
 
Pearl Asian Mining Industries Announces NASDAQ Set X-Dividend Date
PASIG CITY, Metro Manila, Philippines--(Business Wire)--March 9, 2006--
Pearl Asian Mining Industries, Inc. (Pink Sheets:PAIM)
Reports:
The company announced today that NASDAQ has set the X-Dividend
Date as March 15, 2006. The dividend of 1,000 preferred shares for
every 1 common share held of record on March 17, 2006, is to be paid
on March 31, 2006.
See: http://www.otcbb.com/asp/dividend.asp?sym_id=paim&dDate=03/
15/2006&sDateType=ex_date (Due to its length, this URL may need to be
copied/pasted into your Internet browser's address field. Remove the
extra space if one exists.)

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.
Richard C. Miller, 770-336-5824 or 678-570-6538
Fax: 877-317-4430
IR*PearlAsianMining.com
www.PearlAsianMining.com
or
Philippines: +63-2-490-0140

Copyright Business Wire 2006
 
Posted by fishfarmer on :
 
L2 looking great!
 
Posted by TroyAnalysis on :
 
yes 2 new mm's day kt325ci
 
Posted by Thomas Mick on :
 
I wish the bears would let go of this!
 
Posted by TroyAnalysis on :
 
if they want out we want them out..shares being transfered to the strong
 
Posted by bobcat88 on :
 
Who is riding free shares?
 
Posted by Raytrader on :
 
I need to make 50k by the end of the week or my bookie will be upset with me.....lol go away bears!!
 
Posted by dkinvest on :
 
bid 0002 ask 0004

GRIDLOCK!
 
Posted by Ripler on :
 
i hope this bad boy shows.0005 today.. i'll make sure to sell of and ride the rest free
 
Posted by TroyAnalysis on :
 
yea .0004 will be a HUGE Break for this imo
 
Posted by 7 of 9 on :
 
Best Bid: 0.0002 (1005003 shares) Best Ask: 0.0004 (1200002 shares)
MMID Bid Price Shares Date/Time
NITEu 0.0002 1000000 10:42
HILLu 0.0002 5000 10:32
VERTu 0.0002 1 10:18
HDSNu 0.0002 1 10:20
UBSSu 0.0002 1 10:32
DOMSu 0.0001 1 10:18
LGTDu U 10:43

MMID Ask Price Shares Date/Time
NITEu 0.0004 1000000 10:42
VERTu 0.0004 100000 10:18
HDSNu 0.0004 100000 10:20
UBSSu 0.0004 1 10:32
LGTDu 0.0004 1 10:43
HILLu 0.0005 5000 10:32
DOMSu 0.0005 1 10:18
 
Posted by Ripler on :
 
whats your prodictions this baby will go to before the xdate?
 
Posted by dkinvest on :
 
"whats your prodictions this baby will go to before the xdate?"

go to what?
 
Posted by Ripler on :
 
*how high will the price of PAIM go to?
 
Posted by dkinvest on :
 
depends on fat-fingers.
 
Posted by Ripler on :
 
just another question...im new so dont hold it against me.. if i were to try and sell at .0006 is it still possible? would someone buy?
 
Posted by SincereX13 on :
 
your guess is as good as any other
 
Posted by singledadandhappy on :
 
I bought 3 mill * 0.0001
my RBC account shows a current price of 0.0003
I am still showing a balance of (0) why?
 
Posted by texrecruiter on :
 
quote:
Originally posted by singledadandhappy:
I bought 3 mill * 0.0001
my RBC account shows a current price of 0.0003
I am still showing a balance of (0) why?

When did you buy the 3 million?
 
Posted by texrecruiter on :
 
quote:
Originally posted by Ripler:
just another question...im new so dont hold it against me.. if i were to try and sell at .0006 is it still possible? would someone buy?

I don't think it would sell unless someone else had a bid at .0006. But you could try.
 
Posted by Thomas Mick on :
 
www.otc-advisors.com: "Bulls in the Stable" WTVN, PAIM, AVNT, ADVC, CRGO

Rochester, NY, Mar 10, 2006 (M2 PRESSWIRE via COMTEX) -- www.otc-advisors.com

names Wi-Fi TV Inc. (Pink Sheets: WTVN), Pearl Asian Mining Industries Inc.

(Pink Sheets: PAIM), Aventura Holdings, Inc. (OTCBB: AVNT), Advanced

Communications Technologies, Inc. (OTCBB: ADVC) and Cargo Connection Logistics

Holding, Inc. (OTCBB: CRGO) its "Bulls in the stable."

To feature your publicly traded company in our alerts, email us at

info*otc-advisors.com or to sign up for our free newsletter, visit

http://www.otc-advisors.com

Wi-Fi TV Inc. (Pink Sheets: WTVN - http://finance.yahoo.com/q?s=WTVN.PK )Wi-Fi

TV Inc. (OTC: WTVN) can be seen over the Internet in the United States, Latin

America and globally. More than 200 channels of live TV programming, Country and

Category specific breaking news and free voice over IP phone calls are available

at www.Wi-FiTV.com. Premium services are offered exclusively to Wi-Fi TV

members. Wi-Fi TV Inc. has opened a new content and technology demo room for the

press in Newport Beach, California. For further information, contact Colby

Marceau, 949-716-9397, info*wi-fitv.com.

Pearl Asian Mining Industries Inc. (Pink Sheets: PAIM -

http://finance.yahoo.com/q?s=PAIM.PK) is an international mining company

exploring the world for opportunities to open or reopen mine facilities and

develop them into productive and profitable operations. Utilizing a Debt-Free

Financial Statement, and world-class mining expertise, Pearl Asian is recognized

for its leadership in the mining industry.

Pearl Asian Mining Industries Inc. currently owns 100% of the 12 mining claims

in the Namaimo Area of Vancouver Island, British, Columbia, Canada. PAIM owns

100% of the Exclusive Operation Mining Agreement (EOMP) with the Pearl Asian

Mining- Philippines Corporation, 100% owner of the Small Scale Mining Permit

(SSMP) on the 20 hectares of the XYZ Gold Mine Site; with pending approval of

its Minerals Production Sharing Agreement (MPSA) Certification on over 8000

hectares of the XYZ Gold Mine Site. MPSA is the equivalent to the Mining Claims

in US & Canada.

Pearl Asian's mission is to partner with the Philippine Government in order to

acquire abandoned mines with known and proven gold reserves left for centuries.

In addition, Pearl Asian is involved in providing products and services

targeting the small scale miners in order to create orderly and sustainable gold

and mineral productions that promote the growth of this newly-born, Mining

Revival Industry Sector of the Philippines. This Small Scale Mining is a

Community Livelihood Economic Base that covers 1% of the total Philippines Gold

Mines and substantial amount of Gold productions output.

PAIM News:

March 9 -Pearl Asian Mining Industries Announces NASDAQ Set X-Dividend Date

The company announced today that NASDAQ has set the X-Dividend Date as March 15,

2006. The dividend of 1,000 preferred shares for every 1 common share held of

record on March 17, 2006, is to be paid on March 31, 2006.

See: http://www.otcbb.com/asp/dividend.asp?sym_id=paim&dDate=03/

15/2006&sDateType=ex_date (Due to its length, this URL may need to be

copied/pasted into your Internet browser's address field. Remove the extra space

if one exists.)

Aventura Holdings, Inc. (OTCBB: AVNT - http://finance.yahoo.com/q?s=AVNT.OB) is

a Business Development Company (BDC) operating as an investment holding company.

Aventura acquires and invests its assets and equity to build an investment

portfolio and enhance shareholder value. Aventura's mission is to provide

capital, equity and advisory services for management buyouts, recapitalizations,

and for the growth and needs of emerging companies. As a BDC, Aventura is

positioned to invest in a more efficient manner and to develop and expand its

business interests.

AVNT Recent News:

March 9 - Aventura Makes Final Payment on Stock Purchase Agreement

Aventura Holdings, Inc. (OTCBB:AVNT) made its final payment to Dutchess Private

Equities Fund II LP (Dutchess) ending a twenty four month five million dollar

Stock Purchase Agreement.

Terms of the Agreement included issuing previously unissued Company shares to

Dutchess which Dutchess resold at market to realize repayment of the debt.

Aventura and Dutchess exchanged a mutual release.

"We are extremely pleased to be virtually debt-free" boasts Craig Waltzer

president of Aventura. Mr. Waltzer adds, "The Dutchess relationship financed our

ability to be at the forefront of exciting new ventures and we are grateful for

their support. Aventura is now geared towards profitable investments that result

in low debt to equity ratios for our shareholders."

Advanced Communications Technologies, Inc. (OTCBB: ADVC -

http://finance.yahoo.com/q?s=ADVC.OB ) Advanced Communications Technologies,

Inc., a New York-based holding company that specializes in the technology

aftermarket service and supply chain known as reverse logistics, announced that

its wholly-owned operating unit, Encompass Group Affiliates, Inc., expects to

generate $10 million in revenue for fiscal 2006, a 33% increase as compared with

$7,522,000 for fiscal 2005.

Encompass' subsidiary Cyber-Test, a Florida-based electronic equipment repair

company, is a significant contributor to the substantial revenue projections,

with one record breaking month after another over the company's past fiscal year

including January, it's highest sales month yet. Cyber-Test reported $900,000 in

revenue for January, compared with $676,000 for the same month in 2005, or a 33%

increase. Earnings before interest, taxes, depreciation and amortization

(EBITDA) for the month was an impressive $101,000 or 11% of sales, compared to

EBITDA of $42,000 or 6% of sales in January 2005.

Wayne Danson, president and chief executive officer of Advanced Communications,

said, "We are having a very full and productive year with expectations of $10

million in revenue for fiscal 2006. Cyber-Test generated $900,000 in sales last

month and continues to show enormous growth potential. Its management team

continuously demonstrates its ability to adapt to the ever changing consumer and

office electronic technologies without sacrificing its reputation for

professionalism and service excellence, a key element in our business strategy."

Danson added, "As we previously shared, we have been working on various

transactions that will significantly expand our business and we will disclose

all details once we are permitted under SEC regulations."

Lisa Welton, president of Cyber-Test, said, "Our fiscal year-to-date sales are

already in excess of $5.3 million." Welton explained, "We generated $900,000 in

sales last month, making January by far our most successful revenue-producing

month in the company's history. Our business is increasing, a result of the

value that technology products have in the daily lives of our customers, and

their need to protect the investment they have made in these products. Moreover,

improvements to our processes and procurement of new and used parts have reduced

our operating costs, and increased our margins."

Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO -

http://finance.yahoo.com/q?s=CRGO.OB) provides transportation logistics services

for shipments importing into and exporting out of the United States. The company

engages primarily in hauling truckload and less-than-truckload shipments of

general commodities in both interstate and intrastate commerce. It provides back

office operation for companies, such as insurance, financial, and regulatory

operations. Cargo Connection Logistics also involves in the warehouse and

distribution movement of dry goods. In addition, it operates a container freight

station.

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Posted by Squire38 on :
 
I sure the MMs would sell to the bidder at 0.0006 before we could.
 
Posted by Ripler on :
 
heheh alright im going to try [Razz]
 
Posted by Ripler on :
 
one quick question..if i put a limit price at 0.0006 can someone still buy my shares at .0005 or .0004 etc?
 
Posted by CTMum on :
 
This is my first post to the boards, I am a Newbie here. Forgive my question if it seems stupid. I just started playing pennies for fun. My goal was 40-50% on a trade. I bought 3mil of Paim at .0001, so .0004 exceeds all my expectations. I know this is going to make alot of people alot of money, but for me, this is tying up $$, so I am happily looking to cash out at .0004. I have had a sell order in all day, Ameritrade is showing the last trade at 10:07 for .0003, I saw on otcbb.com that it is or was at .0004. My question is with a stock that has so many people looking for a quick flip (like myself), can we really depend that we can sell at the price we want to or is it a big waiting game.
I keep showing my hubby how much I "made" but he keeps reminding me that until it is cash it's all just a number on a screen.

Also maybe to answer some of the questions about what will happen after the 17th. If you look at the previous posts, there is a link to the live chat with Pearl and they make an attempt to answer the questions.
 
Posted by SincereX13 on :
 
no
 
Posted by SincereX13 on :
 
its going to be a waiting game...lots of people looking to flip at .0004 (I'm thinking most of the flippers at .0003 have already come and gone). It will probably be like this for every tick up until all flippers are gone.
 
Posted by DIGDOUGH on :
 
Ya it's worth a try.

quote:
Originally posted by Ripler:
heheh alright im going to try [Razz]


 
Posted by texrecruiter on :
 
quote:
Originally posted by CTMum:
This is my first post to the boards, I am a Newbie here. Forgive my question if it seems stupid. I just started playing pennies for fun. My goal was 40-50% on a trade. I bought 3mil of Paim at .0001, so .0004 exceeds all my expectations. I know this is going to make alot of people alot of money, but for me, this is tying up $$, so I am happily looking to cash out at .0004. I have had a sell order in all day, Ameritrade is showing the last trade at 10:07 for .0003, I saw on otcbb.com that it is or was at .0004. My question is with a stock that has so many people looking for a quick flip (like myself), can we really depend that we can sell at the price we want to or is it a big waiting game.
I keep showing my hubby how much I "made" but he keeps reminding me that until it is cash it's all just a number on a screen.

Also maybe to answer some of the questions about what will happen after the 17th. If you look at the previous posts, there is a link to the live chat with Pearl and they make an attempt to answer the questions.

The bid price has to be at .0004 before you can sell it at that price.
 
Posted by Ripler on :
 
*****if i put a limit price to sell at 0.0006 can someone still buy my shares at .0005 or .0004 etc? thats no good
 
Posted by MoneyMoneyMoney on :
 
no
 
Posted by Raytrader on :
 
quote:
Originally posted by Ripler:
*****if i put a limit price to sell at 0.0006 can someone still buy my shares at .0005 or .0004 etc? thats no good

........no you cant a limit means LIMIT no more or no less....a market order would sell in that range..butsome otc stocks cant be sold as market
 
Posted by dkinvest on :
 
wow.
 
Posted by CTMum on :
 
How come on otcbb it is showing at .0004, who is able to sell at that if the bid is .0003? Doesn't that mean someone is selling for .0004? Or am completly missing the point.
 
Posted by Raytrader on :
 
no .0004 would be the ask amount and yes people are buying at that price but not from "shareholders"...from mm's
 
Posted by dkinvest on :
 
It is smart to learn how to swim before you jump in the ocean.
 
Posted by Raytrader on :
 
yes...good point
 
Posted by Ripler on :
 
if you only put in $200 and dont care too much it is a smart way to learn to swim > more of an "hands on" method. I should be prepared for many oceans if i swim in them with my dad trying to drown me at the same time. In the end i wont drown, i will survive!
 
Posted by $bling$ on :
 
thats how im looking at it. Most of the planet is water....and the inflatible "floaties" on my arms wont hold air forever...So I need to learn. something to try is work on one of those 'fantasy' stock trading games that uses current market info. so you can see if your picks and decisions are working overall well or not. i'm about to jump into the 3 foot deep pool after that and see how $200-$500 works out. Methinks it'll work well...I've still got alot of schooling to do.

be careful.
glad to be here. really loooks like a good group of people.
 
Posted by CTMum on :
 
I am sorry if you feel that I shouldn't be trading yet, but I have read 27 pages with MANY questions about this stock, didn't think mine was too out of line.
Would someone mind posting the ask of this stock as my ameritrade is showing no trading since 10.:07.

Thanks.

The funny thing about this is I know in a week or so I will be reading about all the money you guys made on this and worrying about .0003 or .0004 will seem ridiculous, but time for me to move on.
 
Posted by megahead34 on :
 
ask is .0004
 
Posted by eze on :
 
CTMum

Try reading as many books as you can about trading stocks also check out www.investopedia.com it should help you with alot of your questions happy trading
 
Posted by CTMum on :
 
Thanks!! I have had a sell order in for that, let's see if it goes thru.
 
Posted by CTMum on :
 
EZE, once again thanks.
Can't wait to read about how much money this will make for everyone!!!
 
Posted by eze on :
 
CTMum No problem good luck!!
 
Posted by cactus33 on :
 
chill
 
Posted by $bling$ on :
 
CTMum, oh i didn't mean that at all....My response was generally abotu what I've been doing to get ready for this sort of thing. I hope others might benefit from it sometime. anyway, I've been reading the same pages too...I have the same feelings and questions that you do about this.

good luck.
 
Posted by Phoenix on :
 
quote:
Originally posted by George:
quote:
Originally posted by fishfarmer:
quote:
Originally posted by George:
This is almost like GVRP all over again...very few people made money on that lotto...most said hety it is only a $50 investment to try and win millions...guess what I still have my $50 worth of worthless stocks...

No guts no sausage George. [Cool]
Hey Fish...I am not saying this is a bad one, only that it just reminds me of GVRP...you can make a boat load of money on these kind of deals or loss a little....Just like the Lotto...Good luck guys but i am out for now...
Actually some people got screwed on GVRP, like Purl Gurl. She got her shares, wasnt allowed to sell them, then the shares got reverse split out of existence, and then she got audited because of it. Wonder how that turned out for her.

edit: by the way, this is the thread I was referring to if you want to read it.

http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi/ubb/get_topic/f/14/t/001507.html?#000003
 
Posted by cactus33 on :
 
not sure how this isnt at .0004

cant see how it wont be by the end of the day
 
Posted by Gurgle Smurf on :
 
Time & Sales
Price Size Exch Time
0.0003 20000 OTO 12:21:51
0.0003 480000 OTO 12:21:51
0.0004 500000 OTO 12:21:51
0.0004 500000 OTO 12:19:28
0.0004 500000 OTO 12:18:42
0.0003 250000 OTO 12:13:24
0.0004 250000 OTO 12:13:23
0.0003 1000000 OTO 12:08:20
0.0004 1000000 OTO 12:08:20
0.0003 770000 OTO 12:07:16
0.0004 770000 OTO 12:07:16
0.0003 10000 OTO 11:59:47
0.0004 10000 OTO 11:59:47
0.0004 500000 OTO 09:59:42
0.0004 500000 OTO 09:58:53
0.0004 500000 OTO 09:58:45
0.0003 1000000 OTO 09:57:25
0.0004 1000000 OTO 09:57:25
0.0003 1000000 OTO 09:57:20
0.0004 2870000 OTO 09:57:20
0.0003 8881000 OTO 09:57:20
0.0003 1989000 OTO 09:57:20
0.0004 9000000 OTO 09:57:20
0.0003 11000 OTO 09:55:49
0.0004 11000 OTO 09:55:49
0.0004 7982500 OTO 09:54:00
0.0003 3982500 OTO 09:54:00
0.0003 1000000 OTO 09:54:00
0.0003 3000000 OTO 09:54:00
0.0003 800000 OTO 09:54:00
 
Posted by 7 of 9 on :
 
i made bank on GVRP

i turned $400 into $12k in days

sold 1/3 of shares b4 split, into a massive pop

immediately after close i had like 120m f/s shares

GVRP was a botched 3m:1 f/s

i was able to sell 80m * .0001, for $8k

the rest never sold and were reversed into crap

no audit

GVRP put me into the penny stock biz....

PAIM will put me into retirement...
 
Posted by Phoenix on :
 
quote:
Originally posted by 7 of 9:
i made bank on GVRP

i turned $400 into $12k in days

sold 1/3 of shares b4 split, into a massive pop

immediately after close i had like 120m f/s shares

GVRP was a botched 3m:1 f/s

i was able to sell 80m * .0001, for $8k

the rest never sold and were reversed into crap

no audit

GVRP put me into the penny stock biz....

PAIM will put me into retirement...



I'm well aware of what it was, I read over 50% of the massive thread [Razz]

Obviously you werent using a brokerage that didnt allow anyone to sell, like Scottrade. She got audited because she didnt declare it as profit, because she never was allowed to sell, and then the shares got blasted out of existence.
 
Posted by daytr8er on :
 
Nice 7 : ) PAIM could be another good trade like that.
 
Posted by Ripler on :
 
placed sell order for .0006... lets see if somethings happens [Razz]
 
Posted by DIGDOUGH on :
 
looks like the buyers are gonna wait till the last minute again.
 
Posted by CTMum on :
 
still waiting for sell to fill at .0003 has anyone else filled yet at .0003?

**
I know I am going to hate myself next week btw.
 
Posted by dkinvest on :
 
I sold 10M at .0004 today.
 
Posted by smokedtitan on :
 
i have been trying to sell at .0003 for two days now...
 
Posted by alohadream on :
 
Have had a Good Until Cancel sell of 10 million shares at .0003 since yesterday but nothing yet.This bouncing between .0003 and .0004 but the .0002 spread between bid and ask not changing means a lot more want to sell at .0003 than buy.Hope can sell this 10 to have 5 free rides.
 
Posted by CTMum on :
 
Sweet!, I'd be happy to see my .0003 fill>
 
Posted by smokedtitan on :
 
i changed it to .0004 about an hour or so ago and that hasnt been filled either... dk i wish i was able to!!!
 
Posted by dkinvest on :
 
just kidding....i have the order in, but i doubt it will fill.
 
Posted by TroyAnalysis on :
 
three companys as of late w/News Releases standing against naked shares being shorted in their stock. very similar cases to what we are seeing on PAIM with their latest prs and now with the evidience of mirror trades going though between the bid and ask... hmmm imo this will start get very interesting. (in all cases the exposure came out while stocks were being traded near 52 week lows and as shareholders caught wind pps. saw dramatic increases)

GLKC
 -

GWGO
 -

LFWK
 -

interesting read on these companys pg. 15
 
Posted by 7 of 9 on :
 
u guys selling b4 the split are the true bagholders


this isnt a worthless shell like usxp


gold


gold
 
Posted by dkinvest on :
 
"u guys selling b4 the split are the true bagholders"

Sorry, I don't want to risk this gain - And I think you are right on USXP.
 
Posted by Raytrader on :
 
worthless shell? props to most of us here who made bank on usxp
 
Posted by suddenstranger on :
 
 -

three companys as of late w/News Releases standing against naked shares being shorted in their stock. very similar cases to what we are seeing on PAIM with their latest prs and now with the evidience of mirror trades going though between the bid and ask... hmmm imo this will start get very interesting. (in all cases the exposure came out while stocks were being traded near 52 week lows and as shareholders caught wind pps. saw dramatic increases)

GLKC
 -

GWGO
 -

LFWK
 -

interesting read on these companys pg. 15
 
Posted by Raytrader on :
 
damn! thats interesting!....what is going on???
 
Posted by smokedtitan on :
 
quote:
Originally posted by 7 of 9:
u guys selling b4 the split are the true bagholders


this isnt a worthless shell like usxp


gold


gold

im just tryin to get a free ride here.... i have lots of faith in this company!
 
Posted by Raytrader on :
 
Faith isnt a bad thing...unless your a muslim radical
 
Posted by Raytrader on :
 
I dont understand why anyone could be down on usxp.....
 
Posted by CTMum on :
 
Ditto,
I personally think alot of folks are going to make alot of $$$ on this.

But for me, I feel like my 8 yr old. I just want to take my ball (300%) and go home. I am just waiting for someone to give it to me.
 
Posted by moosehead9nc on :
 
not many trades today, looks like many are holding
 
Posted by Raytrader on :
 
I just wish someone would give me my 5th star back Ive been on a drinkin binge since it was taken from me....I was so drunk I went to kick my dog and missed and kicked my mom instead and now my dad is upset with me
 
Posted by moosehead9nc on :
 
not much action this afternoon with paim, hopefully we will have an EOD run to 5 or 6
 
Posted by Raytrader on :
 
its definatly a good thing...slow, gradual increase..rather that a spike....shows stability
 
Posted by moosehead9nc on :
 
thats what im hoping, i hope we can close atleast 4 today, maybe 5 or 6 monday, and eod run on tuesday to 7, with bid at 6, if not higher
 
Posted by 7 of 9 on :
 
im not down on usxp

i made some money on it

im just saying that if usxp, a worthless shell (by this i mean the co doesnt exist) that everyone knew was a shell, can yield 100 bags, what r the possibilities for PAIM?

We have a gold mine in the phil., in a gold mining region and on an existing, tho played out, mine.

PAIM has found a new, monster vein of gold on the property of an old mine.

Many people have stated that in this area, as in other regions of the pacific, gold can be picked off the ground.

thousands of people pan for gold and make a living off it

Have you ever heard of FCX?

they mine millions of ounces of gold from the jungles of indonesia

gold on these islands are for real.

compare that to usxp which sells what? i didnt hear that.

read 50 prs from usxp and tell us all what they sell.

paim sells gold.
 
Posted by ACKCANE on :
 
There you go Ray . . . just don't kick your dog!
 
Posted by dkinvest on :
 
quote:
Originally posted by jellybean:
Don't worry about the price of the preferred shares or the conversion math to common stock. Just buy this week and get on the PAIM train. The train is going to be full of gold nuggets with Pearl as conductor. I will be buying 50 million Friday which will give me 200million.

I have not seen jelly here today.
 
Posted by Raytrader on :
 
youre absolutly right....while USXP is selling an "IDEA"...that may or may not go anywhere...but it is an idea on profiting from the fear of of todays society post 911 that is
 
Posted by adlai on :
 
This thing is at .0004 because too many people are buying this worthless stock... the bid price reflects it's true value, and I still think that's way too modest.
Do some research on most gold stocks on the market, the ask/bid diff is almost always a huge spread...
This thing is likely to get to .0007 ask price easy... good luck getting anything above .0002 on the bid price any time soon...
A company with no revenue can't generate higher bid prices, simple math.
 
Posted by adlai on :
 
By the way... if you're a newbie in the stock market, I would stay out of this one...

Laugh if you want, that's my two.
 
Posted by dkinvest on :
 
"This thing is at .0004 because too many people are buying this worthless stock"

If too many people were buying this stock, the price should go up, IMO.
 
Posted by Nickrizzle on :
 
why are certain people being so critical of those that want to sell before the split?? If they want to sell there shares before so be it that shouldn't affect those that want ot hold on to theres....i just dont understand why people would put pressure on others not to sell...do they have something to gain??
 
Posted by Raytrader on :
 
"supply and demand"....simple math?......adlia?
 
Posted by adlai on :
 
Yeah... more people are going to continue to buy overpriced stock...
If you are buying this at .0004 you have just thrown money away, who in their right mind actually thinks the bid is ever going to reach .0004 any time soon... your wishfull thinking...
I think this stock was fantastic at .0001 and selling at .0002...
If your buying now, your waisting time...
Things are only going to get worse by the end of next week...
Has anyone been to the website?
 
Posted by Raytrader on :
 
I think what others are trying to say that if everyone is selling between .0002 and .0003 the mm's arent going to raise the bid if everyones happy with those figures
 
Posted by dkinvest on :
 
"waisting"

I'm not doing anything with my waist, Just tryin' to make some $.
 
Posted by Raytrader on :
 
eod will show a higher bid price...my psycic friend hotline told me so
 
Posted by Raytrader on :
 
they always make me so much $$ and then I get my phone bill...geez!!
 
Posted by dkinvest on :
 
quote:
Originally posted by Raytrader:
they always make me so much $$ and then I get my phone bill...geez!!

Ya, and they are buying PAIM!
 
Posted by adlai on :
 
Ray... if you disagree with what you just said I respect that, but thank you for saying it so simple.

I love the fact that people made money on this stock, I just think it's too late for some to buy now and still make $.

That's all, I'm out.
 
Posted by Raytrader on :
 
on a serious note ...this gradual increase gives me a GREEN light...in the past the slow upticks have done me alot better
 
Posted by dkinvest on :
 
When PAIM rises, so does my member.
 
Posted by suddenstranger on :
 
www.otc-advisors.com: "Bulls in the Stable" WTVN, PAIM, AVNT, ADVC, CRGO

Rochester, NY, Mar 10, 2006 (M2 PRESSWIRE via COMTEX) -- www.otc-advisors.com names Wi-Fi TV Inc. (Pink Sheets: WTVN), Pearl Asian Mining Industries Inc. (Pink Sheets: PAIM), Aventura Holdings, Inc. (OTCBB: AVNT), Advanced Communications Technologies, Inc. (OTCBB: ADVC) and Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO) its "Bulls in the stable."
To feature your publicly traded company in our alerts, email us at info*otc-advisors.com or to sign up for our free newsletter, visit http://www.otc-advisors.com

Wi-Fi TV Inc. (Pink Sheets: WTVN - http://finance.yahoo.com/q?s=WTVN.PK )Wi-Fi TV Inc. (OTC: WTVN) can be seen over the Internet in the United States, Latin America and globally. More than 200 channels of live TV programming, Country and Category specific breaking news and free voice over IP phone calls are available at www.Wi-FiTV.com. Premium services are offered exclusively to Wi-Fi TV members. Wi-Fi TV Inc. has opened a new content and technology demo room for the press in Newport Beach, California. For further information, contact Colby Marceau, 949-716-9397, info*wi-fitv.com.

Pearl Asian Mining Industries Inc. (Pink Sheets: PAIM - http://finance.yahoo.com/q?s=PAIM.PK) is an international mining company exploring the world for opportunities to open or reopen mine facilities and develop them into productive and profitable operations. Utilizing a Debt-Free Financial Statement, and world-class mining expertise, Pearl Asian is recognized for its leadership in the mining industry.

Pearl Asian Mining Industries Inc. currently owns 100% of the 12 mining claims in the Namaimo Area of Vancouver Island, British, Columbia, Canada. PAIM owns 100% of the Exclusive Operation Mining Agreement (EOMP) with the Pearl Asian Mining- Philippines Corporation, 100% owner of the Small Scale Mining Permit (SSMP) on the 20 hectares of the XYZ Gold Mine Site; with pending approval of its Minerals Production Sharing Agreement (MPSA) Certification on over 8000 hectares of the XYZ Gold Mine Site. MPSA is the equivalent to the Mining Claims in US & Canada.

Pearl Asian's mission is to partner with the Philippine Government in order to acquire abandoned mines with known and proven gold reserves left for centuries. In addition, Pearl Asian is involved in providing products and services targeting the small scale miners in order to create orderly and sustainable gold and mineral productions that promote the growth of this newly-born, Mining Revival Industry Sector of the Philippines. This Small Scale Mining is a Community Livelihood Economic Base that covers 1% of the total Philippines Gold Mines and substantial amount of Gold productions output.

PAIM News:

March 9 -Pearl Asian Mining Industries Announces NASDAQ Set X-Dividend Date

The company announced today that NASDAQ has set the X-Dividend Date as March 15, 2006. The dividend of 1,000 preferred shares for every 1 common share held of record on March 17, 2006, is to be paid on March 31, 2006.

See: http://www.otcbb.com/asp/dividend.asp?sym_id=paim&dDate=03/ 15/2006&sDateType=ex_date (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

Aventura Holdings, Inc. (OTCBB: AVNT - http://finance.yahoo.com/q?s=AVNT.OB) is a Business Development Company (BDC) operating as an investment holding company. Aventura acquires and invests its assets and equity to build an investment portfolio and enhance shareholder value. Aventura's mission is to provide capital, equity and advisory services for management buyouts, recapitalizations, and for the growth and needs of emerging companies. As a BDC, Aventura is positioned to invest in a more efficient manner and to develop and expand its business interests.

AVNT Recent News:

March 9 - Aventura Makes Final Payment on Stock Purchase Agreement

Aventura Holdings, Inc. (OTCBB:AVNT) made its final payment to Dutchess Private Equities Fund II LP (Dutchess) ending a twenty four month five million dollar Stock Purchase Agreement.

Terms of the Agreement included issuing previously unissued Company shares to Dutchess which Dutchess resold at market to realize repayment of the debt. Aventura and Dutchess exchanged a mutual release.

"We are extremely pleased to be virtually debt-free" boasts Craig Waltzer president of Aventura. Mr. Waltzer adds, "The Dutchess relationship financed our ability to be at the forefront of exciting new ventures and we are grateful for their support. Aventura is now geared towards profitable investments that result in low debt to equity ratios for our shareholders."

Advanced Communications Technologies, Inc. (OTCBB: ADVC - http://finance.yahoo.com/q?s=ADVC.OB ) Advanced Communications Technologies, Inc., a New York-based holding company that specializes in the technology aftermarket service and supply chain known as reverse logistics, announced that its wholly-owned operating unit, Encompass Group Affiliates, Inc., expects to generate $10 million in revenue for fiscal 2006, a 33% increase as compared with $7,522,000 for fiscal 2005.

Encompass' subsidiary Cyber-Test, a Florida-based electronic equipment repair company, is a significant contributor to the substantial revenue projections, with one record breaking month after another over the company's past fiscal year including January, it's highest sales month yet. Cyber-Test reported $900,000 in revenue for January, compared with $676,000 for the same month in 2005, or a 33% increase. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the month was an impressive $101,000 or 11% of sales, compared to EBITDA of $42,000 or 6% of sales in January 2005.

Wayne Danson, president and chief executive officer of Advanced Communications, said, "We are having a very full and productive year with expectations of $10 million in revenue for fiscal 2006. Cyber-Test generated $900,000 in sales last month and continues to show enormous growth potential. Its management team continuously demonstrates its ability to adapt to the ever changing consumer and office electronic technologies without sacrificing its reputation for professionalism and service excellence, a key element in our business strategy." Danson added, "As we previously shared, we have been working on various transactions that will significantly expand our business and we will disclose all details once we are permitted under SEC regulations."

Lisa Welton, president of Cyber-Test, said, "Our fiscal year-to-date sales are already in excess of $5.3 million." Welton explained, "We generated $900,000 in sales last month, making January by far our most successful revenue-producing month in the company's history. Our business is increasing, a result of the value that technology products have in the daily lives of our customers, and their need to protect the investment they have made in these products. Moreover, improvements to our processes and procurement of new and used parts have reduced our operating costs, and increased our margins."

Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO - http://finance.yahoo.com/q?s=CRGO.OB) provides transportation logistics services for shipments importing into and exporting out of the United States. The company engages primarily in hauling truckload and less-than-truckload shipments of general commodities in both interstate and intrastate commerce. It provides back office operation for companies, such as insurance, financial, and regulatory operations. Cargo Connection Logistics also involves in the warehouse and distribution movement of dry goods. In addition, it operates a container freight station.
 
Posted by adlai on :
 
Are you up to .0004 now DK? HAHA
 
Posted by Raytrader on :
 
I dont think there are too many people at least in this forum that are or have bought in at .0004...youre right I wouldnt buy into it now at this point although with the way this one is going I dont think it would be impossible to still make a profit even if you were to buy in at .0005....it would just be more of a long play....but keep in mind we are all gonna be the proud owners of billions of them there preffered shares
 
Posted by dkinvest on :
 
quote:
Originally posted by adlai:
Are you up to .0004 now DK? HAHA

That moment is near, and will be surpassed, thank you for asking.
 
Posted by adlai on :
 
rotflmao...
 
Posted by Raytrader on :
 
it needs to close at .0004
 
Posted by adlai on :
 
On a serious note as well... I wish you all the best of luck... adlai_
 
Posted by CTMum on :
 
I wish everyone luck with this stock as well, but I did get in this to make a large return which on paper I did, (the allure of micros in general I think and nothing to feel badly about. But I am beginning to wonder if I made a mistake. It doesn't matter how much this moves or what the gains are if the average shareholder can't sell it.
I know I am a newbie and don't know much, but I do know a stock you can't sell is worthless, other than bragging rights when you turn on your computer.
 
Posted by lostone on :
 
of course u can't sell it, at least not at the price you want ~.0004? MM's aren't going to let this go up til they have it covered or until we're near the div date.. at which time they'll let it increase just enough to entice ppl to sell so they can buy, if they still need to buy, which i doubt.
 
Posted by dkinvest on :
 
quote:
Originally posted by CTMum:
I wish everyone luck with this stock as well, but I did get in this to make a large return which on paper I did, (the allure of micros in general I think and nothing to feel badly about. But I am beginning to wonder if I made a mistake. It doesn't matter how much this moves or what the gains are if the average shareholder can't sell it.
I know I am a newbie and don't know much, but I do know a stock you can't sell is worthless, other than bragging rights when you turn on your computer.

Hold your head-up, next week you should have no problem selling (and probably for more than today), IMO.
 
Posted by CTMum on :
 
Thanks DK I hope you are right!! Good luck to everyone else next week as well.
 
Posted by cactus33 on :
 
MUM.. thing this sat at .0001 for a while..

everyone and their mother is dumping for a quick buck right now

Let it form a base at .0003

not gonna happen overnight.

If your trippin already my advice would be to bail and go to bonds...

peace
 
Posted by daytr8er on :
 
PAIM close .0004 notice how we been going up gradually the last days. Looks like we are all holding strong, and ready for all the buyers who will want to be billionares next week. : )
 
Posted by alohadream on :
 
Closed at .0003 unchanged.
 
Posted by cactus33 on :
 
im showin .0003

oh well, hope your right about .0004
 
Posted by CTMum on :
 
Any bets on the over/under for how many days my sell order at .0003 will take to fill, we are two days now.
Just trying to lighten up a bit, also hitting the casino this weekend so trying to get in the mood.

Happy trading and good weekend to all!!!!!
 
Posted by TroyAnalysis on :
 
agreed cactus23.. forming a really nice base at .0003 then .0004 and so on...
 -
 
Posted by DIGDOUGH on :
 
I'm gonna just take a guess that theres gonna be a lot of last minute shoppers next week. They will push it up.
It went to .0004 from .0001 where I got it and probably can go higher.
Where it goes will dictate how many I keep for the divy.
 
Posted by daytr8er on :
 
CTmum werent u bashin PCCE the other day? look at it now PCCE .0007 i told u at .0003
PAIM is alot better specially if they did Naked Shorted the stock.
 
Posted by jermarksey on :
 
how high will this or can this go
 
Posted by Ripler on :
 
i am a firm believer in this stocks stability...gradual rise seems logical. However, for the future we need someone from this forum to fly over (preferably a filipino) and sneak into the mine to see gold for thyself...IF THERE IS SOME? then its good news..

only way to know..

IMHO.. in any case... next week should go to .0006-.0007 before the xdate with all the people buying last minute.

Enjoy the weekend!
 
Posted by DIGDOUGH on :
 
The last divy I was involved in took a stock up 400%. This will only go as high as people want to pay for it. I'm hoping .0018-.002. But i'll take more and settle for less. [Eek!]

quote:
Originally posted by jermarksey:
how high will this or can this go


 
Posted by DIGDOUGH on :
 
Ripler, one poster named jellybean, keeps saying hes going over there very shortly. I don't know what he'll bring back, but said hes gonna take a look.

quote:
Originally posted by Ripler:
i am a firm believer in this stocks stability...gradual rise seems logical. However, for the future we need someone from this forum to fly over (preferably a filipino) and sneak into the mine to see gold for thyself...IF THERE IS SOME? then its good news..

only way to know..

IMHO.. in any case... next week should go to .0006-.0007 before the xdate with all the people buying last minute.

Enjoy the weekend!


 
Posted by jermarksey on :
 
do you have to bail out by the dead line or will your stocksjust convert over or what ever is supposed to happen on that day
 
Posted by dkinvest on :
 
quote:
Originally posted by DIGDOUGH:
Ripler, one poster named jellybean, keeps saying hes going over there very shortly. I don't know what he'll bring back, but said hes gonna take a look.

quote:
Originally posted by Ripler:
i am a firm believer in this stocks stability...gradual rise seems logical. However, for the future we need someone from this forum to fly over (preferably a filipino) and sneak into the mine to see gold for thyself...IF THERE IS SOME? then its good news..

only way to know..

IMHO.. in any case... next week should go to .0006-.0007 before the xdate with all the people buying last minute.

Enjoy the weekend!


I think that is BS.
 
Posted by singledadandhappy on :
 
i am not bailing out in it for the haul
 
Posted by cottonjim on :
 
I sold my RSHN for a OK profit to buy PAIM, now RSHN is sky rocketing and I could have been rolling in $. Someone reassure me that I did the right thing here.
 
Posted by megahead34 on :
 
ouch, that sucks.
 
Posted by dkinvest on :
 
quote:
Originally posted by cottonjim:
I sold my RSHN for a OK profit to buy PAIM, now RSHN is sky rocketing and I could have been rolling in $. Someone reassure me that I did the right thing here.

Woulda, Coulda, Shoulda - We all have these moments.
 
Posted by bobcat88 on :
 
for what it's worth, you did the right thing?
 
Posted by cottonjim on :
 
Not sure if that sounded sincere enough but thanks. Maybe the empty hole in my wallet will be filled in the next few weeks.
 
Posted by DIGDOUGH on :
 
quote:
Originally posted by dkinvest:
quote:
Originally posted by DIGDOUGH:
Ripler, one poster named jellybean, keeps saying hes going over there very shortly. I don't know what he'll bring back, but said hes gonna take a look.

quote:
Originally posted by Ripler:
i am a firm believer in this stocks stability...gradual rise seems logical. However, for the future we need someone from this forum to fly over (preferably a filipino) and sneak into the mine to see gold for thyself...IF THERE IS SOME? then its good news..

only way to know..

IMHO.. in any case... next week should go to .0006-.0007 before the xdate with all the people buying last minute.

Enjoy the weekend!


I think that is BS.
Ya maybe.
 
Posted by DIGDOUGH on :
 
quote:
Originally posted by cottonjim:
I sold my RSHN for a OK profit to buy PAIM, now RSHN is sky rocketing and I could have been rolling in $. Someone reassure me that I did the right thing here.

I hope you can recoup it with this on Monday and tuesday.

I sold a bunch of mine to, but fortuneately it was high in the run. I hpoe that helps. I'm all too familiar with the feeling.
 
Posted by plni on :
 
BS******? OH NO NOT JELLY
 
Posted by cottonjim on :
 
Pearl Asian Mining Industries (Pink Sheets: PAIM - http://finance.yahoo.com/q?s=PAIM.PK ) Pearl Asian Mining Industries releases the summary report on the Geological Resource Studies within the 20 hectares of the XYZ Gold Mines Site Mineral Deposits.

The current tenement portfolios of PAIM are: (1) Small Scale Mining Claim Permit (SSMP) - 20 hectares, (2) Mineral Production Sharing Agreement (MPSA) - 720.00 hectares, (3) Exploration Permit Application (EPA) - 1,807.4773 hectares.

The recent exploration based on the Geological report of the Gil Apuya's MAYON Geological Company states that the present Geologic Resource of XYZ Gold Mine is about 1.5 million tons at a grade of 3.04 g/t-Gold (AU) and 19.96 g/t-Silver (AG). PAIM's team interpretation or projection as to mineable resource (projected to be mined or extracted) is about 446,592 tons at a grade of 5.13 g/t-Gold and 31.14 g/t-Silver. The mineable resources are categorized into low grade source of about 120,000 tons at a grade of 1.84 g/t (grams per ton)-Au (Gold) and 14.50 g/t (grams per ton)-Ag (Silver). The high grade source of about 326,592 tons at a grade of 6.34 g/t-Au; 37.24 g/t-Ag. These ores to be mined will be processed by heap leaching C-I-L and ELSA methods. The abandoned tunnels 3 and 4 are included in the projected high grade zone. The high grade zone or block of mineable resource of 326,592 tons using interpolation started from trench no. 1 at elevation 220 meters up to trench no. 4 at elevation 300 meters with a strike length of 400 meters. The 400 meters strike length was projected downward until elevation 160 meters, where abandoned tunnel no. 1 is situated. The average grade of the block of 6.34 g/t-AU; 37.24 g/t-AG were derived from the surface of tunnels 3 and 4 samples. The block grades were projections and will be confirmed once the tunnels are rehabilitated and sampled.

The estimates are based on projections derived from trench 1 down to tunnel 1 and possibly beyond tunnel 1 extending east and is subject for field investigation. Basing on the initial exploration results, the XYZ mineral deposit is an epithermal vein type deposit. The extent of the deposit at depth must be further studied through rehabilitation of old tunnels and core drilling to acquire more geological data and increase resource potential.
 
Posted by Gurgle Smurf on :
 
Hopefully the members of this forum will ban together with the members of 'other' forums and will REFUSE to sell at anything below .0009. MMs know that people will stain their pants when it hits .0005, and they are counting on everyone to 'settle' for this gain by selling * .0005.

However, if everyone refuses to sell ... until .0009 is reached, then a big booyah.

Since I got in * .0001, I really don't care if this reaches .0009 ... at worst, the price falls back to .0001 until gold starts comin' up from the ground. I'm sure at that time, .0009 will seem cheap -- and I'll actually be GLAD that my order didn't go thru at .0009.

This is a staring contest between US and the MMs.

Who's gonna blink first ? Not me.
 
Posted by dkinvest on :
 
quote:
Originally posted by plni:
BS******? OH NO NOT JELLY

If you go back pages & read Jelly's post(s) concerning this, I for one, got the impression that Jelly was on crack at the time and/or is screwing with us. I think that Jelly's post(s) were not sincere. Just my opinion, though.

Jelly said the following in past posts:

1. The date Jelly is leaving: April 1st, which is April Fools Day.
2. Jelly said he/she is using his/her preferred shares for the plane ticket. How can that be if he/she doesn't have them yet? Even if Jelly did have them today, Jelly can't "cash" them in since they are worth .00000001 - which you can not trade.

Am I the only one who sees this? If so, I'd like to sell you my 10M PAIM shares for $1.00 each.
 
Posted by adlai on :
 
oooo... only $1 you say... sounds like a steal...
 
Posted by DIGDOUGH on :
 
Ya, I caught that about using the div shares to pay for the trip. didn't sound right.


quote:
Originally posted by dkinvest:
quote:
Originally posted by plni:
BS******? OH NO NOT JELLY

If you go back pages & read Jelly's post(s) concerning this, I for one, got the impression that Jelly was on crack at the time and/or is screwing with us. I think that Jelly's post(s) were not sincere. Just my opinion, though.

Jelly said the following in past posts:

1. The date Jelly is leaving: April 1st, which is April Fools Day.
2. Jelly said he/she is using his/her preferred shares for the plane ticket. How can that be if he/she doesn't have them yet? Even if Jelly did have them today, Jelly can't "cash" them in since they are worth .00000001 - which you can not trade.

Am I the only one who sees this? If so, I'd like to sell you my 10M PAIM shares for $1.00 each.


 
Posted by SuperSniper00 on :
 
"A company with no revenue can't generate higher bid prices, simple math. "

Are you stupid? PPS isn't determined by revenue. PPS is determined by what someone is willing to pay for the stock. Its called supply and demand as well.

USXP was 100 bagger and what revenue do they have? None, just debt.

PAIM is debt free and is currently sitting on 50 acres that are worth $100million.

Besides if you wanted to play the "revenue" card, everyone knows future revenues are priced into the stock already. Ever wonder why companies give guidance and have conference calls? Ever wonder why companies announce lower earnings before the earnings date?

Don't be stupid.
 
Posted by cactus33 on :
 
sniper, well said

dead on.....
 
Posted by Phoenix on :
 
If you guys are talking about JELLYBEAN, then please use that name...Jelly is someone else entirely I believe.....I have not read this entire thread though.
 
Posted by Dustoff101 on :
 
Some are using the name" JELLY " when they mean "JELLYBEAN"...

Situation is the following.............

When we abbreviate we have to be careful in this situation......

JELLY is a first class stock picker...

"Jellybean" I really don't pay much attention to, so don't know his/her history..

SOOOOOOOOOOOO.....When putting down info on JELLYBEAN lets use the full handle!!!!

Or " Bean " if ya must abbreviate.
 
Posted by imakmony2005 on :
 
BEAN IT IS.
 
Posted by Ripler on :
 
mondays close: .0005+

*****hopefully*******
 
Posted by zowwie438 on :
 
Come on... Somebody juice this bad boy up to .01. :-)

All this talk of .000X... I am hoping for the best.

The rest of you can drive in traffic and change from lane to lane, only to get stuck again and watch the other car pass you by...

Me, I am going to hang in here and stay in my lane. We all have the same destination, lets just hope that issues outside our control don't detour us.

.01 or bust for me.

Go PAIM.

Zow
 
Posted by TheCreator on :
 
lets see it drop to .0002 so i can get in [Smile]
 
Posted by megahead34 on :
 
I would love to see this hit .01 zowwie. I'm doing the same as you, staying in my lane.
 
Posted by zowwie438 on :
 
Now... Keep in mind. I am pulling a trailer. So the first chance I get, I will hope off the xpressway and drop that thing off cuz it's killing my fuel economy. :-)

But as soon as I can do that, I am back on course and I am staying in my lane.

I am hoping that the car pool lane will be moving fast! :-)

--Zow
 
Posted by Bottomliner on :
 
Just started watching this stock.

Can someone explain the rules for the dividend payout? It appears that today was the cutoff date, which means shares bought today WILL NOT get the divvie. Is this correct?

Also, any thoughts on where this might go in the next week, month, year?

Thanks for any help. [Smile]
 
Posted by BuyTex on :
 
ex-date is 15th; buy before then for divvies (with settled funds, ie)--you may have to fight for them: some brokers don't understand ex-dates
 
Posted by daytr8er on :
 
bottomliner i believe u have till tomorrow before the close to get the PAIM divy. Actually this is going to be my first time i have billions of shares in a stock : ) im curious of what will happen after u get the divy i hope we can all sell them someday and make some mad money. What are some of you experienced guys strategy with
PAIM ???
 
Posted by Ripler on :
 
we need this to start flying now but people are still selling at .002
 
Posted by Bottomliner on :
 
BuyTex ... PM. [Smile]
 
Posted by Bottomliner on :
 
quote:
Originally posted by daytr8er:
bottomliner i believe u have till tomorrow before the close to get the PAIM divy. Actually this is going to be my first time i have billions of shares in a stock : ) im curious of what will happen after u get the divy i hope we can all sell them someday and make some mad money. What are some of you experienced guys strategy with
PAIM ???

Thanks for the info ... but it appears I'm a day late. This is what I found regarding ex-dates:

1)The date on or after which a security is traded without a previously declared dividend or distribution. After the ex-date, a stock is said to trade ex-dividend.

2)This is the date on which the seller, and not the buyer, of a stock will be entitled to a recently announced dividend. The ex-date is usually two business days before the record date. It is indicated in newspaper listings with an x.

But thanks for trying to help. I appreciate it. [Smile]
 
Posted by dkinvest on :
 
BID down to 1....I am gonna short sell this sucka.
 
Posted by Trooper4985 on :
 
Is Etrade screwed up or has there really been no traffic for the last hour?
 
Posted by bobcat88 on :
 
Waiting game now, shorts are trying to get us to panic sell I guess.
 
Posted by DIGDOUGH on :
 
This stock is going in unpredictable directions for me, with my limited knowledge. Theres one more day to plat with it.
 
Posted by TroyAnalysis on :
 
and the matched trades continue..
 
Posted by JOELGA on :
 
MM's are trying to scoop up shares at 0001 and 0002 for tomorrow!
 
Posted by pay up on :
 
my etrade market caster is working.
at times hen it does stop I have to reboot and reconnect
 
Posted by jermarksey on :
 
do we have to sell these stocks before the deadline
 
Posted by Bottomliner on :
 
quote:
Originally posted by JOELGA:
MM's are trying to scoop up shares at 0001 and 0002 for tomorrow!

Why? For the divvie?

OOPS ... sorry. I thought the ex-date was today, but just found out it is March 15.

You might be correct about the buying of shares. Again, sorry.
 
Posted by JOELGA on :
 
No, the ex-date is the 15th
 
Posted by pay up on :
 
quote:
Originally posted by jermarksey:
do we have to sell these stocks before the deadline

no, you had to buy before the deadline to get the new (worthless) shares.
 
Posted by JOELGA on :
 
Pearl Asian Mining Industries Announces NASDAQ Set X-Dividend Date
PASIG CITY, Metro Manila, Philippines--(Business Wire)--March 9, 2006--
Pearl Asian Mining Industries, Inc. (Pink Sheets:PAIM)
Reports:
The company announced today that NASDAQ has set the X-Dividend
Date as March 15, 2006. The dividend of 1,000 preferred shares for
every 1 common share held of record on March 17, 2006, is to be paid
on March 31, 2006.
See: http://www.otcbb.com/asp/dividend.asp?sym_id=paim&dDate=03/
15/2006&sDateType=ex_date (Due to its length, this URL may need to be
copied/pasted into your Internet browser's address field. Remove the
extra space if one exists.)
 
Posted by plni on :
 
you are wrong why cant everyone get it right. if you own on the 15th you get the divvy
 
Posted by Bottomliner on :
 
Hey, everyone ... I want to apologize for a couple of my recent posts regarding the divvie ex-date.

I thought TODAY was the official ex-date. Sorry for posting bad data ... just call it one of my many "senior moments" and please don't think badly of me. [Smile]
 
Posted by Bottomliner on :
 
quote:
Originally posted by plni:
you are wrong why cant everyone get it right. if you own on the 15th you get the divvy

Mea culpa, mea culpa. I'll throw myself on my sword if that will make it right. [Wink]
 
Posted by JOELGA on :
 
lol, Bottomliner no sweat. Just give us a good pick sometime!
 
Posted by plni on :
 
bottomline i was i did not mean to sound mean please accept my APPOLEGY
 
Posted by ohio_trader on :
 
bid back to .0002
 
Posted by CTMum on :
 
I am showing bid down to .0001
 
Posted by ohio_trader on :
 
you missed it
 
Posted by CTMum on :
 
I did sell, 2.5 mil at .0002 and a partial fill of 500K at .00022 Just went thru.
Good luck to you all!! I am sure we will all be reading about the $$$$$ everyone made, but for me it was just time to take 100% and go.

Best of luck all!!!!
 
Posted by JOELGA on :
 
Can't complain about 100% Good move here CTM
 
Posted by Ripler on :
 
i didnt like the day
 
Posted by pay up on :
 
today should have been a good day but everything I have either is unchanged or dropped.
 
Posted by BigRob on :
 
and the pumpers grow silent!
 
Posted by Ripler on :
 
^ ** i would like some input from all of them now..

this was not what they predicted and some info would be nice
 
Posted by plni on :
 
I just sold 3000000 for .0002 I bought 6000000 for .0001 that means the 3000000 I kept cost me 10.80 now i believe i hold till next year who knows It could happen as we are all hope
 
Posted by ohio_trader on :
 
I sold 3.5 m at .0003 last week, and kept 1 m just for sakes..........
 
Posted by Ripler on :
 
prediction for tuesday?
 
Posted by Dr. Evil on :
 
PAIM! I want to live forever, I want to learn how to fly...HIGH!

Sorry, had that song stuck in my head all day. Make your $$ before the ex-date cause I fear this will head back to .0001 land afterward.
 
Posted by SuperSniper00 on :
 
Wow if you sold you just lost a lot of money. The squeeze wont happen until PM tomorrow. MMs are playing games, a lot of matching trades going on. They still havent even come close to covering. They are trying to make you think its down and get you to sell, they need shares! Oh well, to each his own, you'll just be cussing yourself out in the next 24 hours.
 
Posted by Dr. Evil on :
 
I'm still in so I hope you are right [Cool]

But it's always nice to play with free shares.
 
Posted by jermarksey on :
 
i hope your right super do we have to get rid of them though or should we keep them after tomorrow
 
Posted by JOELGA on :
 
Im in with free shares. The only way to play!
 
Posted by dkinvest on :
 
quote:
Originally posted by JOELGA:
Im in with free shares. The only way to play!

Amen brother, I second that!!!!!!
 
Posted by SuperSniper00 on :
 
If you bought at .0001 your shares are basically free because if it cant go any lower than 1 and you can just cash out then. the risk/reward is too great on this
 
Posted by Squire38 on :
 
I have a mirror trade question. It seems that everytime a 0.0003 trade goes through an identical trade of 0.0002 is on top, leaving the PPS to remain at 0.0002 vice 0.0003. Can anyone explain this to me?
 
Posted by JOELGA on :
 
Bid back up to 0002. Looks like the MM's had this held down pretty much all day to get shares. Can expect the same tomorrow until the afternoon when this thing will hopefully take off. And it would be great if Pearl released a pr at the same time!
 
Posted by TroyAnalysis on :
 
crazy.. still trades going by
 
Posted by dkinvest on :
 
quote:
Originally posted by TroyAnalysis:
crazy.. still trades going by

ya, a bunch a 9M'ers. What is going on?
 
Posted by bobcat88 on :
 
remember last week when I said people were picking up blocks of 9 mil, most likely those were the shorts. Dont know how they are trading them after hours though.
 
Posted by jermarksey on :
 
how come i can never buy at the bid price i always have to buy at the asking price.
 
Posted by TroyAnalysis on :
 
could they be covering at bid? it was .0002 up into the close..
 
Posted by pay up on :
 
quote:
Originally posted by jermarksey:
how come i can never buy at the bid price i always have to buy at the asking price.

because everyone else had their bid in at the bid price before you and most don't want to sell at the bid price
 
Posted by SuperSniper00 on :
 
432m went through between 16:08 and 16:14 all 9m block trades. Looks like the MMs trying to squirt by with cheap shares at EOD.
 
Posted by eze on :
 
tues PR on hold check out http://traderscorner.********s79.com/index.cgi?board=paim&action=display&thread=1142286048
 
Posted by DIGDOUGH on :
 
I hope we have an uptick tomorrow.
 
Posted by CTMum on :
 
I think this will go up tomorrow, since I got out today!!

I am like the George Castanza of trading, just do the opposite of what I do.
 
Posted by pay up on :
 
quote:
Originally posted by CTMum:
I think this will go up tomorrow, since I got out today!!


I am like the George Castanza of trading, just do the opposite of what I do.

Well then thanks for getting out.
If it goes up cause you got out we'll all have to buy you a beer.
 
Posted by TroyAnalysis on :
 
SuperSniper00 i was just told that mm's can only cover by buying the ask. is this true they can not sit bid and collect shares being sold to buy back that way? i sure would like to think that all those 9 Mill. blocks EOD somehow were them covering their naked a**es...
 
Posted by adlai on :
 
WOW... this form is a little different than two days ago...
Who sold out at .0006... LMAO.
 
Posted by Ripler on :
 
well i tried... i need tomorrow to go to .0005-6 so i can sell and ride some free shares
 
Posted by pay up on :
 
Ripler,Now you are really dreaming.
I got in a while ago at .0002 and would be satisfied to get ot at .0003.
 
Posted by Ripler on :
 
^^ yes that might seem to be the case tomorrow for me
 
Posted by adlai on :
 
If you saw this one coming... let me hear a f*** yeah...

Sorry for being so harsh, but in earlier posts some people were saying that I was a "freakin' joke."...

Looks like I was right on the money... not to mention I still have my money... ROTFLMAO.
 
Posted by Ripler on :
 
*** If i bought out now, would i still get the divys?
 
Posted by pay up on :
 
no you wouldn't get the, worthless, divys if you sold now.
 
Posted by adlai on :
 
I apologize.
 
Posted by adlai on :
 
"Worhtless"... Who said this stock was worthless?

Oh... I DID!... A week ago... LMAO
 
Posted by Max Shrap on :
 
People that got in at .0001 shouldn't panic on this one. As negative as I have been on PAIM, even *I* think there are gonna be plenty of opportunities to get out of it when the heat cools a bit. If it doesn't explode in the next few days, it will be up and down at least a tick all year until the last quarter when they get the production facilities built. Then, there is potential for a HUGE run.
 
Posted by pay up on :
 
quote:
Originally posted by adlai:
"Worhtless"... Who said this stock was worthless?

The new shares are under a new symbol and can't even be traded. Their value will be something like .0000001 or less. So upon issue they are worthless.

Oh... I DID!... A week ago... LMAO


 
Posted by Ripler on :
 
so tomorrow there is not going to be much change eh?
 
Posted by Dr. Evil on :
 
quote:
Originally posted by adlai:
"Worhtless"... Who said this stock was worthless?

Oh... I DID!... A week ago... LMAO

I understand your frustration, I hate the weekend pumping too, and people magically showing up who are friends with the CEO, and predict $1, and claim to be from Saudi Arabia where people are opening accounts just for a worthless penny, etc...

...but that doesnt mean you can't still make good money. All of these pennies are worthless, but buy low and sell high and dont get left holding the bag.
 
Posted by pay up on :
 
Dr. Evil,
I'm talking about the new divy shares being worthless. Of course our paim shares aren't worth much either right now.
 
Posted by Dr. Evil on :
 
Yeah, those are REALLY worthless, but their free worthless [Big Grin]

If the shares would come in roll format, I could use them in my bathroom.
 
Posted by Max Shrap on :
 
IMO it could go either way. One thing that I can guarantee, is a huge volume in the multi-billions. But, then again, it don't take a genius to predict that.

quote:
Originally posted by Ripler:
so tomorrow there is not going to be much change eh?


 
Posted by 7 of 9 on :
 
Actually guys, i think

1) its cool that i own 2% of the float of PAIM. Im a major stockholder!

2) im going to love my 100b divy shares. they will be true "free" shares as i did absolutely nothing to get them. maybe i can sell them or not. trust me my orders will be in before yours. im just not sure my acct. can hold that many. might need several accounts maybe boys?

7

XOXOXOXOXO
 
Posted by pay up on :
 
quote:
Originally posted by Dr. Evil:
Yeah, those are REALLY worthless, but their free worthless [Big Grin]

If the shares would come in roll format, I could use them in my bathroom.

You mean in rolls to paper the wall or in small rolls to wipe your butt?
 
Posted by Gurgle Smurf on :
 
PAIM chat session tonight, 9PM EST.

Note: you must download paltalk in order to participate in tonight's chat session.

The following is a copy paste

--- begin copy paste ---

We now have our very own Paltalk room for our live company representative interviews.

The new room is called Traders Corner Live and is found in the Business Finance section of Paltalk.

You can download the latest version of Paltalk here http://www.paltalk.com

We will announce the date and time for all live company representative interviews in this forum along with the password for that interview.

The Paltalk password will be changed for each interview, so you must come back here to get new password.

The current password for is “ tchat “ without the quotes.

I will leave the room open for now so everyone can get use to it

--- end copy paste ---
 
Posted by SuperSniper00 on :
 
I don't see the chat room listed.
 
Posted by adlai on :
 
Dr. Evil...
All this last week I have been saying... "Sell out at .0002, take your 100% gain and get out."
I know there WAS some money to be made, damn, it was a nice double up...
But I was upset that some people were encouraging newbies to buy in at .0003 or even .0004...
I really am excited for those of you that took your money and ran and are riding on free shares.
Congrats...
Adlai_
 
Posted by Dr. Evil on :
 
quote:
Originally posted by adlai:
Dr. Evil...
All this last week I have been saying... "Sell out at .0002, take your 100% gain and get out."
I know there WAS some money to be made, damn, it was a nice double up...
But I was upset that some people were encouraging newbies to buy in at .0003 or even .0004...
I really am excited for those of you that took your money and ran and are riding on free shares.
Congrats...
Adlai_

I'm agreeing with you, ride the free shares. Too many people get caught i the hype and forget to protect their $$. And I don't consider .0001 to be free shares, it could go to .00000000.

And to the question a few back, the rolls would not be to wallpaper the bathroom [Wink]
 
Posted by J_U_ICE on :
 
The chatroom is full with a total of 10 members. what a joke!!!!!!!!!
 
Posted by J_U_ICE on :
 
SuperSniper maybe you will have better luck than I. Go to paltalk.com business/finance section and click on investment and "trade corner live" is one of them
 
Posted by plni on :
 
only ten people at a time wonder who planed that useless s##t
 
Posted by J_U_ICE on :
 
Why even promote a live chat when only 10 can enter it. That's some serious BS
 
Posted by TroyAnalysis on :
 
yea crazy why not the same chat at Traders Corner.. worked fine the other day...
 
Posted by SuperSniper00 on :
 
Ill ask questions if you guys have any.
 
Posted by J_U_ICE on :
 
Was there any new info or anything that surprised you in the chat?
 
Posted by moosehead9nc on :
 
not yet, but its still going
 
Posted by Ripler on :
 
Anything of relative importance from the chat should be posted here!
 
Posted by moosehead9nc on :
 
i think it went pretty well, im cancelling my sell order
 
Posted by heynow on :
 
moosehead

Can you let us know some of the kep topics that where discuss and explained. You Said it went pretty well. Can you explain what you thought went well.
 
Posted by SuperSniper00 on :
 
equipment is in san fran waiting to be shipped to the philippines.

the trees are mahogeny and will be saved and sold later

rick is going to the PI in april to take pictures of the area and the mine, he is getting his passport taken care of tomorrow

PR due out sometime this week, assay report

the dividend was not intended to screw the shorts, it just happened like that, with themix up between the PRs pearl wanted to honor what was put out and went through with the dividend

supposedly MMs have been calling ricks home phone and asked him if they were going through witht he div, he said yes and the MM slammed the phone down

in may rick is going to meet with jim laird, engineer for the canadian mines pearl owns

pearl is paying for project costs out of pocket

rick told pearl he thinks company is undervalued and should be worth .03-.05
 
Posted by Ripler on :
 
ya i heard some of those comments aswell in the chat.. however even though some of them sound really good, it has to be mentioned that LOTS of questions during the chat were no answered by Rick for whatever reasons and there is, obviously, lots of doubts to the "correctness" of the statements that were made.
 
Posted by SuperSniper00 on :
 
well he is only an investor relations guy not a spokesperson who knows everything about the company.

we need to talk to pearl for that
 
Posted by tmanfromtexas on :
 
Ripler
Member


Member Rated:
posted March 13, 2006 19:31
--------------------------------------------------------------------------------
Anything of relative importance from the chat should be posted here!

Ripler
Member


Member Rated:
posted March 13, 2006 23:17
--------------------------------------------------------------------------------
ya i heard some of those comments aswell in the chat.. however even though some of them sound really good, it has to be mentioned that LOTS of questions during the chat were no answered by Rick for whatever reasons and there is, obviously, lots of doubts to the "correctness" of the statements that were made.

I hate to get into a peeing contest so I have only one question to Ripler, Were you too lazy to post what you heard in the chat room for the rest of us that couldnt listen in or are bashing? The board wants to know.
 
Posted by eld24 on :
 
XYZ Operation Gold Finger to Yield Estimated Total Annual Gross Revenues of $157,236,600.00 USD from the 50 Metric Tons Per Day Small-Scale Mining Operations of Pearl Asian Mining Industries, Inc. (PAIM)
Business Wire - March 14, 2006 08:00

PASIG CITY, Philippines, Mar 14, 2006 (BUSINESS WIRE) -- Pearl Asian Mining Industries, Inc. (OTC:PAIM) released today the second geo-survey and assay report. The report was conducted by Ostrea Metal Laboratory, Inc., a renowned Philippines chemical assay company, and completed on January 7 -- R.A. No. 32749. This second gold and silver assay report from the samples of two tunnels and selected trenches of the XYZ gold mine site shows rich gold ore reserves.

he XYZ Operation Gold Finger located in the Town of Baleno, Island of Masbate, Philippines, shows the following high-grade gold ores.

O
GOLD SILVER COPPER REHABILITATE
SAMPLE (GPT) (PPM) (PPM) 2006
----------------------------------------------------------------------
Tunnel 4 IR 0.31 g 1.99 8.59 TBD
----------------------------------------------------------------------
Tunnel 4 2R 0.96 g 7.96 93.84 TBD
----------------------------------------------------------------------
Tunnel 4 7R 0.57 g 4.71 9.24 TBD
----------------------------------------------------------------------
Tunnel 3 2R 94.20 g 608.28 103.09 YES
----------------------------------------------------------------------
Tunnel 3 3R 49.44 g 242.57 25.56 YES
----------------------------------------------------------------------
Tunnel 3 5R 37.36 g 17.46 12.62 YES
----------------------------------------------------------------------
XYZ-GA 3R 8.57 g 17.46 12.62 TBD
----------------------------------------------------------------------
XYZ GA 4R 3.97 g 48.59 27.54 TBD
----------------------------------------------------------------------
XYZ GA 022 5.51 g 12.50 6.45 TBD
----------------------------------------------------------------------
XYZ AG 027 2.10 g 20.51 76.96 TBD
----------------------------------------------------------------------


Pearl Asian Mining continues its preparation to develop the infrastructures of the XYZ Gold Mine Site. The XYZ Gold Team soon will start to rehabilitate the tunnel #3, operating at 50 metric tons per day, where the occurrence of the high-grade gold ores were identified and documented.

Rich gold samples from Tunnel 3 were assayed at 37.35 grams per ton, 49.44 grams per ton and 94.20 grams per ton, giving an average of 60.33 grams per ton.

A. The estimated average of the assay result from Tunnel 3 is 60.33 grams per ton of gold ore and can produce an output of approximately 15,083 grams of gold per day at 30-day month production (15,083 X 30 days) the output of 452,475 grams or 14,596 Troy Ounces (app. 1 gram = 31 Troy Ounce) which is equivalent to $7,298,000 USD per month at a selling price of $500.00 per Troy Ounce.

B. Annual Gross Revenue (AGR) from the gold production to be $87,576,000.00 USD ($7,298,000 X 12). This estimated gold production does not include the sales of silver and other minerals.

C. PAIM's macroscopic plan for the whole Masbate Island because of its rich gold potential is implementing the Community Mining Assistance Program (CMAP) and improved production capability of the Community Small Scale Miners. PAIM is expecting to acquire additional income at a minimum of 12 kilograms or approximately 387 Troy Ounces of gold, which is estimated to produce a gross revenue of approximately $193,500.00 USD.

D. The $193,500 gross revenue per day ($193,500 X 30 days) is estimated to be $5,805,000.00 USD per month to give an annual gross revenue ($5,805,000 X 12) of $69,660,000.00 USD from the community's Small Scale Mining Assistance Program.

E. XYZ Operation Gold Finger will yield an estimated total annual gross revenue of $157,236,600.00 USD ($87,576,000 + $69,660,000). This excludes the income anticipated to result from the sales of silver and other precious metals.

Should the current mining engineering plans continue to be on target, the scheduled income revenue will start to flow during the last quarter of 2006 and early 2007 then on.

Forward-Looking Statements
 
Posted by keysmoon on :
 
What will this do to the share price?
 
Posted by dkinvest on :
 
quote:
Originally posted by keysmoon:
What will this do to the share price?

200 bagger
 
Posted by lukin4winners on :
 
Great NEWS out today on the assay. Great timing this one should uptick nicely today . With volume there is no limit if traders want to get in before the xdivi date which is today before market close
 
Posted by tmanfromtexas on :
 
well it hasnt affected the bid/ask but i hope dk is right with a 200 bagger. TMAN...
 
Posted by 7 of 9 on :
 
200 bags will force me into retirement

then u guys will never get rid of me
 
Posted by positivearn on :
 
Realistic price for today 7 of 9?
 
Posted by fishfarmer on :
 
This IS a gold mine boys and girls!! My favorite color!!
 
Posted by tmanfromtexas on :
 
i am with you 7, dont always agree with ya, but we would both be in fine shape if that happened. TMAN...
 
Posted by plni on :
 
ladies adn gentle men start your engines$$$$$ today is race day
 
Posted by optimizer_78 on :
 
worth pennies now
 
Posted by keysmoon on :
 
I thought this would move more than 50% increase.
What is going on?
 
Posted by pay up on :
 
people aren't interested in getting the new shares since they may never be worth anything.
Also it will be a while before any gold is mined.
 
Posted by DIGDOUGH on :
 
The ore assay is good news for those who want to hold some of this. They even gave the name of the assay company.ore
 
Posted by DIGDOUGH on :
 
People keep saying that the divy shares are worthless, but if they are reverse split down the road they could have some value.IMO Pearl said that in her chat the other day.
 
Posted by Squire38 on :
 
NITE moved off 0.0003 and now at 0.0004
 
Posted by dkinvest on :
 
What's this POS gonna do today?
 
Posted by DIGDOUGH on :
 
Volume is approaching a billion, isn't it like 5bil in the float.
Hold out for a higher sell price guys.
 
Posted by dkinvest on :
 
quote:
Originally posted by DIGDOUGH:
Volume is approaching a billion, isn't it like 5bil in the float.
Hold out for a higher sell price guys.

How high? Is today the day this thing is suppose to fly?
 
Posted by fishfarmer on :
 
Just say 5000 trade. I lost my copy of the MM signal code. Would someone please repost that?
 
Posted by megahead34 on :
 
Wow, 1 billion in less than an hour.
 
Posted by DIGDOUGH on :
 
personally I am hoping it will get to .0005, I guess theres half a chance. It's still early.
 
Posted by lostone on :
 
quote:
Originally posted by fishfarmer:
Just say 5000 trade. I lost my copy of the MM signal code. Would someone please repost that?

if i were an MM and knowing other ppl know my code, wouldn't i wanna change it?
 
Posted by DIGDOUGH on :
 
Theres some huge trades going down, but I don't know if they're buys or sells.
 
Posted by TroyAnalysis on :
 
we've now gained 2 mm's today..
 
Posted by Thomas Mick on :
 
Mostly buys
 
Posted by dkinvest on :
 
ZZZZZZZZZZZZzzzzzzzzzzzz(snore)zzzzzzzzzzzzz. Someone wake me up when it hits .001
 
Posted by JOELGA on :
 
How many bazillion shares do we need to go through before we hit 0004 ? lol
 
Posted by BigRob on :
 
Another 20,30,40, 50 years we could see .01 TARGET! JMHO
 
Posted by cactus33 on :
 
how much more can we jinx this baby? Every other thread talks about .0008 plus????

all the while PAIM just dropped to .0002

do you know how long this thing sat at .0001?

what do you expect a 1000% gain in a day??

chill.. the more we talk about it going to the moon the less chance it has.

IMO
 
Posted by dkinvest on :
 
"what do you expect a 1000% gain in a day??"


Uh, Ya.
 
Posted by optimizer_78 on :
 
quote:
Originally posted by BigRob:
Another 20,30,40, 50 years we could see .01 TARGET! JMHO

only low lives will post this kind of comment..may be a paid basher?
 
Posted by BigRob on :
 
Does Pearl need some hired hands, I have a shovel it that will help.
 
Posted by cottonjim on :
 
The way people have talked about this day you would think it was the second coming or something.
 
Posted by DIGDOUGH on :
 
It is only the beginning of signs,

The bid is at .001, is somebody thinking people just want to give this back.
Not at that price, i'll keep them first.
 
Posted by dkinvest on :
 
quote:
Originally posted by DIGDOUGH:
It is only the beginning of signs,

The bid is at .001, is somebody thinking people just want to give this back.
Not at that price, i'll keep them first.

My bid shows .0001 - If it hits .001, I selling this turd.
 
Posted by DIGDOUGH on :
 
.001 would be some good bank.
 
Posted by Thomas Mick on :
 
I just put in an order to buy 2 million more shares at .0001. Let's see if the order gets filled!
 
Posted by madmoney on :
 
I have been trying to call the T/A all morning, keep getting a message, no one is available to take my call. with the volume this has had i want to know if the O/S has gone up. need to bolt, anyone else want to try, here is the number. - 416-907-3118.
 
Posted by DIGDOUGH on :
 
I had one in all morning and nothing happened. We're probably the ones making the .0001 bid. My sell orders are higher of course.
 
Posted by DIGDOUGH on :
 
I was hoping this would make a run like bkmp did just before the divy on that. It was kicking ass.
 
Posted by dkinvest on :
 
quote:
Originally posted by DIGDOUGH:
I was hoping this would make a run like bkmp did just before the divy on that. It was kicking ass.

Was their divy for "real" shares or "worthless" shares, like this one.
 
Posted by cactus33 on :
 
exactly dig.

no chance for a .0001 buy IMO

could be wrong though
 
Posted by PCola77 on :
 
What is the significance of "mirrored" trades?

The last trades I saw were:

.0003 310000 11:07:18
.0002 310000 11:07:18
.0003 3000000 11:08:37
.0002 3000000 11:08:37
.0003 1000000 11:11:14
.0002 1000000 11:11:14
 
Posted by daytr8er on :
 
PAIM .0003 im ready for the action : )
 
Posted by ohio_trader on :
 
glad i dumped 80% of my shares at .0003 last week
 
Posted by DIGDOUGH on :
 
Their shares were for snyy (suncrest energy)which has merged with Amorossi oil (AMSN). It was an F/S of 1 share for every 6 bkmp. Which was actually FCDH at the time. They are at .25 right now, but restricted for a year. Don't know what it will be like then.
 
Posted by plni on :
 
i think i see a small problem with the communication,read the first paragraph of release on yahoo it says march 17th.if you own on march 17th you will get your prefeered shares. im i reading this right
 
Posted by dkinvest on :
 
quote:
Originally posted by DIGDOUGH:
Their shares were for snyy (suncrest energy)which has merged with Amorossi oil (AMSN). It was an F/S of 1 share for every 6 bkmp. Which was actually FCDH at the time. They are at .25 right now, but restricted for a year. Don't know what it will be like then.

So they are tradeable. Well, there you go. That is probably why this thing aint movin'.
 
Posted by DIGDOUGH on :
 
No they're not tradable , they're restricted.
Maybe people like black gold more than all the gold in Fort Knox. Just guessing.

quote:
Originally posted by dkinvest:
quote:
Originally posted by DIGDOUGH:
Their shares were for snyy (suncrest energy)which has merged with Amorossi oil (AMSN). It was an F/S of 1 share for every 6 bkmp. Which was actually FCDH at the time. They are at .25 right now, but restricted for a year. Don't know what it will be like then.

So they are tradeable. Well, there you go. That is probably why this thing aint movin'.

 
Posted by DIGDOUGH on :
 
What page are you on? Got the link.?

quote:
Originally posted by plni:
i think i see a small problem with the communication,read the first paragraph of release on yahoo it says march 17th.if you own on march 17th you will get your prefeered shares. im i reading this right


 
Posted by BigRob on :
 
Black Gold, Gold Gold, all I know is PAIM is tossing up Gold TURDS! What happened to all the Short Selling hype!
 
Posted by dkinvest on :
 
quote:
Originally posted by DIGDOUGH:
No they're not tradable , they're restricted.
Maybe people like black gold more than all the gold in Fort Knox. Just guessing.

quote:
Originally posted by dkinvest:
quote:
Originally posted by DIGDOUGH:
Their shares were for snyy (suncrest energy)which has merged with Amorossi oil (AMSN). It was an F/S of 1 share for every 6 bkmp. Which was actually FCDH at the time. They are at .25 right now, but restricted for a year. Don't know what it will be like then.

So they are tradeable. Well, there you go. That is probably why this thing aint movin'.

What I meant was they are worth more than .00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000001 !!
 
Posted by bobcat88 on :
 
ARMEGEDON!!!!!!!!
 
Posted by dkinvest on :
 
quote:
Originally posted by BigRob:
Black Gold, Gold Gold, all I know is PAIM is tossing up Gold TURDS! What happened to all the Short Selling hype!

SHAME on PAIM!
 
Posted by finalwish on :
 
even with great news, it is not showing much movement, kinda strange?
 
Posted by DIGDOUGH on :
 
Ya they're worth more. The unrestricted ones are trading at .024. a couple of hundred k divy on paper.
 
Posted by DIGDOUGH on :
 
maxsharp was wondering if they upped the o/s. I called the number and got a recording also.
 
Posted by dkinvest on :
 
Look at this POS - bid 0001 ask 0002

Pathetic, totally pathetic.
 
Posted by BigRob on :
 
let's just digest this moment, and give thanks to those we care so deeply about MEDITATE, MEDITATE! F(&*&$%(%&$ SORRY NO GOOD POS!
 
Posted by dkinvest on :
 
"MEDITATE, MEDITATE!" = MM
 
Posted by Ripler on :
 
this lot is really bothering me... lets see if its even going to fly at days end..
 
Posted by DIGDOUGH on :
 
*** DIVIDEND IS COMFIRMED ****

Ex Date:
03/15/2006

Record Date:
03/17/2006

Payment Date:
03/31/2006

+1000 shares of Pearl Asian Mining Industries Inc (WY) Preferred Stock for each share held.

http://www.otcbb.com/asp/dividend.asp?sym_id=paim&dDate=03/15/2006&sDateType=ex_date
 
Posted by dkinvest on :
 
quote:
Originally posted by DIGDOUGH:
*** DIVIDEND IS COMFIRMED ****

Ex Date:
03/15/2006

Record Date:
03/17/2006

Payment Date:
03/31/2006

+1000 shares of Pearl Asian Mining Industries Inc (WY) Preferred Stock for each share held.

http://www.otcbb.com/asp/dividend.asp?sym_id=paim&dDate=03/15/2006&sDateType=ex_date

Alrighty then, BUY, BUY, BUY!!!!!!!!
 
Posted by Ripler on :
 
why why why
 
Posted by BigRob on :
 
DIE!.................DIE!..............DIE!
 
Posted by smalltime on :
 
Cry......cry...........cry........
 
Posted by DIGDOUGH on :
 
FLY...FLY........FLY
 
Posted by BigRob on :
 
Does anyone know what the price of SH*T is these days because I own alot of it.
 
Posted by JOELGA on :
 
Its worth a whopping .0001
 
Posted by smalltime on :
 
I'm trying to buy more * .0001 but I can't get any.......
 
Posted by DIGDOUGH on :
 
It's starting to look like i'll have to sit on these till the gold starts getting pulled out of the ground.
 
Posted by smalltime on :
 
Grab your picks and shovels.........
 
Posted by J_U_ICE on :
 
I just got back to the computer WHAT THE HELL HAPPENED
 
Posted by Ripler on :
 
quote:
Originally posted by smalltime:
I'm trying to buy more * .0001 but I can't get any.......

people like you keeping this baby down
 
Posted by smalltime on :
 
If you want to buy high, go right ahead......
 
Posted by smalltime on :
 
The way I learned it your supposed to buy on the dip and sell high!!!!!!!!!!!!!!!
 
Posted by JOELGA on :
 
This reminds me of CWFG when they did a forward split. Everyone got all hyped up and it went nowhere. Just gonna have to patiently wait this one out folks. Hopefully they find a two ton gold nugget or something!
 
Posted by PCola77 on :
 
How is he keeping it down at all? If he was SELLING at .0001 he'd be keeping it down. I could have a buy order for Google at .0001, it doesn't mean a damn thing unless someone sells it to me at that price

quote:
Originally posted by Ripler:
quote:
Originally posted by smalltime:
I'm trying to buy more * .0001 but I can't get any.......

people like you keeping this baby down

 
Posted by cottonjim on :
 
Funny thing about life, I woke up this morning an optimist, i'm going to lunch a pesimist.
 
Posted by dkinvest on :
 
LMAO (With 6M free Sh*t shares)
 
Posted by dkinvest on :
 
quote:
Originally posted by PCola77:
How is he keeping it down at all? If he was SELLING at .0001 he'd be keeping it down. I could have a buy order for Google at .0001, it doesn't mean a damn thing unless someone sells it to me at that price

quote:
Originally posted by Ripler:
quote:
Originally posted by smalltime:
I'm trying to buy more * .0001 but I can't get any.......

people like you keeping this baby down

Google PPS = PAIM PPS - Now that's funny.
 
Posted by SUZYBLAIR on :
 
IF I BUY THIS STOCK THAY ARE GOING TO GIVE ME MORE SHARES LATER ON? BUT YOU GUYS ARE SAYING THAT THAY ARE NOT WORTH NOTHING. SO ITS NOT WISE TO BUY?
 
Posted by DIGDOUGH on :
 
almost 2 billion burgers served.
 
Posted by dkinvest on :
 
quote:
Originally posted by DIGDOUGH:
almost 2 billion burgers served.

make that sh*t burgers
 
Posted by DIGDOUGH on :
 
Would you like flies with that?
 
Posted by dkinvest on :
 
Supersize me.
 
Posted by DIGDOUGH on :
 
Its funny watching some of these stocks. I think some of these guys buy into them at a slightly higher price, just so it will look like its gonna run.
 
Posted by kilikili on :
 
sh*t burgers give me the runs
 
Posted by dkinvest on :
 
PAIM Shares = Sh*t burgers
Divy Shares = MEGA Sh*t burgers
 
Posted by kilikili on :
 
They're the best!
 
Posted by dkinvest on :
 
My plate runneth over with Sh*t burgers.
 
Posted by keysmoon on :
 
come on guys.....

Those **** burgers could just transform into Filet Mignon with a nice bernaise sauce over night....

CHILL...and ride the wave...
 
Posted by SuperSniper00 on :
 
Maybe you guys didn't read the PR right...


Estimated Total Annual Gross Revenues of $157,236,600.00 USD

How many of these s**t OTC stocks pump out that sort of cash?? This time next year I'll be retired and I'll be laughing at you all.
 
Posted by Ripler on :
 
.0001 seen :S
 
Posted by kilikili on :
 
That's why I love 'em!
 
Posted by smalltime on :
 
Got any ketchup for my sh*t burger?
 
Posted by Ripler on :
 
why is this going bcack to.0001
?
 
Posted by smalltime on :
 
All this sh*t talk is making the stock jump!!! Keep it up..............
 
Posted by SuperSniper00 on :
 
Try looking up Ostrea MINERAL Laboratory instead of Ostrea Metal Laboratory and you get a ton of hits. They were the company that did the assay report.

Ostrea Mineral Laboratories, Inc.
Address :Manila City, Metro Manila, Philippines
Telephone No: (632) 562-7721, 563-2518, 563-2536, 562-9833
 
Posted by WMRP on :
 
Sorry, I am new to this and learning, When the stock, When the when we get the 1000 to 1 preferred stock, Can we stll trade this stock like common stock. Or is it non tradable.
 
Posted by keysmoon on :
 
we're back up 50% so swallow those s**t burgers and get ready for some real food
 
Posted by keysmoon on :
 
damn..back to the s**t burgers
 
Posted by smalltime on :
 
YUM................................
 
Posted by dkinvest on :
 
My teeth aren't yellow, they're BROWN.
 
Posted by SuperSniper00 on :
 
My teeth are going to be GOLD because I'll be eating lumpia and gold burgers. I'm gonna have to change my name to King Midas.
 
Posted by kilikili on :
 
Mabuhay SuperSniper!
 
Posted by SuperSniper00 on :
 
MABUHAY!
 
Posted by dkinvest on :
 
quote:
Originally posted by SuperSniper00:
My teeth are going to be GOLD because I'll be eating lumpia and gold burgers. I'm gonna have to change my name to King Midas.

Probably not in this decade.
 
Posted by kilikili on :
 
Going to eat my sh*tburgers with adobo, diniguan, halo-halo with Anne Curtis at Misibis Beach.
 
Posted by SuperSniper00 on :
 
Probably next year when the gold starts coming out of every orfice on pearls sweet gold mining body and the next dividend will be paid in gold coins.
 
Posted by dkinvest on :
 
quote:
Originally posted by kilikili:
Going to eat my sh*tburgers with adobo, diniguan, halo-halo with Anne Curtis at Misibis Beach.

Ya, maybe you can open up your own restaurant chain:

PAIM's Sh*tburgers
 
Posted by Ripler on :
 
i hope it hits .0004 today
 
Posted by kilikili on :
 
quote:
Originally posted by dkinvest:
quote:
Originally posted by kilikili:
Going to eat my sh*tburgers with adobo, diniguan, halo-halo with Anne Curtis at Misibis Beach.

Ya, maybe you can open up your own restaurant chain:

PAIM's Sh*tburgers

Very good! Make them, and they will buy!
 
Posted by timstl on :
 
ok while this is amusing and all, could someone explain to me the reason PAIM is not moving even with such a high volume? I wasn't it expecting it to skyrocket like some where, but I'm surprised we haven't touched .0005 at all, and harldly 0004. are there just too many sells happening at 3?
 
Posted by dkinvest on :
 
quote:
Originally posted by timstl:
ok while this is amusing and all, could someone explain to me the reason PAIM is not moving even with such a high volume? I wasn't it expecting it to skyrocket like some where, but I'm surprised we haven't touched .0005 at all, and harldly 0004. are there just too many sells happening at 3?

That is why they are called "Sh*t burgers"!!!
 
Posted by timstl on :
 
quote:
Originally posted by dkinvest:
quote:
Originally posted by timstl:
ok while this is amusing and all, could someone explain to me the reason PAIM is not moving even with such a high volume? I wasn't it expecting it to skyrocket like some where, but I'm surprised we haven't touched .0005 at all, and harldly 0004. are there just too many sells happening at 3?

That is why they are called "Sh*t burgers"!!!
haha. ok, but i was looking for more of a technical explanation. trying to learn as much as i can.
 
Posted by Teknical_D on :
 
Could be the MM's accumulation, They have gotten a steal at .0001 and .0002 and have a great many to unload on the way.
 
Posted by kilikili on :
 
Today is the last day to get dividends.

No dividends on your sells.

1000 x per share when you buy.
 
Posted by Ripler on :
 
if this baby doesnt go up a bit more im going to go get my gun!
 
Posted by plni on :
 
make sure you shoot the right guy
 
Posted by Ripler on :
 
as a responsible buyer it will be pointing in only one direction > my eye
 
Posted by dkinvest on :
 
Come on people, sing it now:

PAIM, stuck at 1 forever, this thing will never fly, HIGH.
 
Posted by zowwie438 on :
 
Well... To all SH*T Burger eaters....

Here is a company out of Canada who also mines on the same Island that PAIM just released it's stats for.
Source: (Most recent press release by PAIM)
XYZ Operation Gold Finger located in the Town of Baleno, Island of Masbate, Philippines, shows the following high-grade gold ores.


The island name is: Masbate Island

Also... Pull up the financials for THT. They are reporting MAJOR losses per year, but even though... Their stock is a little over 11K per share!!!

So.. I will enjoy my sh*t burgers, peanuts and all.

So... To summarize. Another mining company in the same region is reporting the following quotes:
London: 16 per share.

Mmmmmmm... My sh*t burgers are yummy!

Zow
 
Posted by Ripler on :
 
^ in english please
 
Posted by dkinvest on :
 
"So.. I will enjoy my sh*t burgers, peanuts and all."


I trade you my sh*t burgers with corn for some of your sh*t burgers with peanuts.
 
Posted by BigRob on :
 
THT did not pull up!
 
Posted by kilikili on :
 
quote:
Originally posted by dkinvest:
"So.. I will enjoy my sh*t burgers, peanuts and all."


I trade you my sh*t burgers with corn for some of your sh*t burgers with peanuts.

Oh DK.

Nagpapasalamat po ako sa inyong napakalaking tulong sa amin.

If you only knew. [Smile]
 
Posted by Ripler on :
 
kurwa
 
Posted by keysmoon on :
 
Are you sure those s**t burgers didn't have mad cow disease?
 
Posted by dkinvest on :
 
Sh*t burgers....Yum, yum....chew, chew, chew.....Burp!....mmmmm, mmmmmm, Good!!!!!!!
 
Posted by smalltime on :
 
Sh*t burgers on masterbate island!! WOW!!!!!!!!
 
Posted by DIGDOUGH on :
 
I don't know what it means, but for each trade at.0002, theres an identical one at .0003. Something the MMs are controling as usual.
 
Posted by dkinvest on :
 
Sale on Sh*t burgers:

Buy one, get 1000 free!!!
 
Posted by Bottomliner on :
 
quote:
Originally posted by DIGDOUGH:
I don't know what it means, but for each trade at.0002, theres an identical one at .0003. Something the MMs are controling as usual.

Has anyone been able to buy at .0002? I've been trying for 2 days. Ameritrade shows the low today at .0001, but I cannot believe that.

Oh well ... I have mixed feelings about the company anyway.
 
Posted by pay up on :
 
I've tried selling at.0002 and can't even though the price has been up to .0003
 
Posted by Bottomliner on :
 
quote:
Originally posted by pay up:
I've tried selling at.0002 and can't even though the price has been up to .0003

Yep ... that is interesting.

I'm trying to buy at .0002 and can't ... you're trying to sell at .0002 and can't. Too bad we can't just swap. [Big Grin]

But like I said, I have mixed feelings about the company and just wanted to gamble a bit.
 
Posted by CTMum on :
 
Took me two days to sell at .0002, but it went thru on two fills.
 
Posted by pay up on :
 
I just have a feeling that this won't go anywhere until they actually mine gold and get some $$ for it, unless something else comes out.
 
Posted by pay up on :
 
CTMum,
how many shares did you sell.
I'm trying to sell 3 mil
 
Posted by cactus33 on :
 
your selling right now?

LMAO

JMHO
 
Posted by DIGDOUGH on :
 
B/L you know i'm not an expert, but it appears to me that the MMs have total control. Buying at 2,1. Selling at 3.

quote:
Originally posted by Bottomliner:
quote:
Originally posted by DIGDOUGH:
I don't know what it means, but for each trade at.0002, theres an identical one at .0003. Something the MMs are controling as usual.

Has anyone been able to buy at .0002? I've been trying for 2 days. Ameritrade shows the low today at .0001, but I cannot believe that.

Oh well ... I have mixed feelings about the company anyway.


 
Posted by pay up on :
 
quote:
Originally posted by cactus33:
your selling right now?
LMAO JMHO

Yes, if I can. this stock will only sink back to .0001 IMO
oh look, it dropped to .0001 while I was typing.
 
Posted by CTMum on :
 
Payup:
I had 3 mil as well. Happily took 100%. If I could do that on every trade I would be one happy housewife.
 
Posted by cactus33 on :
 
better sell at .0001 before it goes lower...
 
Posted by pay up on :
 
quote:
Originally posted by CTMum:
Payup:
I had 3 mil as well. Happily took 100%. If I could do that on every trade I would be one happy housewife.

I thought I'd sell this and put the $ into xkem
are you a Conneticuit Mom?
 
Posted by cottonjim on :
 
They should re-name this stuff PAIN for all the anxiety that it created.
 
Posted by WMRP on :
 
I was able to buy 500K at .0002 this morn. But have not been able to buy since
 
Posted by cactus33 on :
 
cotton, that was funny....

peace
 
Posted by cactus33 on :
 
its a joke that it went to .0001

been like 2 .0001 sales all day that i saw

half of the thread is amazed that its not flying while the other half obsesses on selling at .0002

?
 
Posted by dkinvest on :
 
quote:
Originally posted by cactus33:
its a joke that it went to .0001

been like 2 .0001 sales all day that i saw

half of the thread is amazed that its not flying while the other half obsesses on selling at .0002

?

What more do you want from just a bunch of Sh*t burger eaters?
 
Posted by zowwie438 on :
 
All,

If you thought investing in a gold mining operation that hasn't even started to mine gold was going to make you rich or at least turn a significant profit... You were mistaken.

Most of us got in at .0001 and with that kind of investment, I would consider this a long if you only picked up a few million shares.

For those of you who gobbled up 10-30 mil shares and expected to turn a profit in a week... I guess old man greed got the best of you. [Frown]

This is like one of those long movies that just keep dragging on... We will figure out the plot soon enough.

What are my retirement plans you may ask?

I think once this cash cow comes to market (mad cow disorder or not)... I will start a gold tooth/white T shirt business in the hood. I may event start renting rims and spinners as well.

Maybe even a full service "hood station" bail bonds, firearms, gold teeth, colt 45, white T's and spinners.

Zow
 
Posted by BigRob on :
 
There's a new symbol: GIMBY
they are mining as we speek, hop on we'll probably beat PAIM to the gold...

Sincerely,
RJ PICKER GIMBY---(Gold In My Backyard Corp.)
 
Posted by dkinvest on :
 
quote:
Originally posted by zowwie438:
All,

If you thought investing in a gold mining operation that hasn't even started to mine gold was going to make you rich or at least turn a significant profit... You were mistaken.

Most of us got in at .0001 and with that kind of investment, I would consider this a long if you only picked up a few million shares.

For those of you who gobbled up 10-30 mil shares and expected to turn a profit in a week... I guess old man greed got the best of you. [Frown]

This is like one of those long movies that just keep dragging on... We will figure out the plot soon enough.

What are my retirement plans you may ask?

I think once this cash cow comes to market (mad cow disorder or not)... I will start a gold tooth/white T shirt business in the hood. I may event start renting rims and spinners as well.

Maybe even a full service "hood station" bail bonds, firearms, gold teeth, colt 45, white T's and spinners.

Zow

I think a lot of people bought into the MM-short sell cover hype. But those who bought at .0001 played it smart, they should just be riding on free shares by now.
 
Posted by pay up on :
 
quote:
Originally posted by BigRob:
There's a new symbol: GIMBY
they are mining as we speek, hop on we'll probably beat PAIM to the gold...

Sincerely,
RJ PICKER GIMBY---(Gold In My Backyard Corp.)

I can't find a gimby symbol
 
Posted by pay up on :
 
Maybe that was MDGM.
I have that but today it didn't show up as MDGM.
It shows as 602661100
what's up with that?
 
Posted by dkinvest on :
 
quote:
Originally posted by BigRob:
There's a new symbol: GIMBY
they are mining as we speek, hop on we'll probably beat PAIM to the gold...

Sincerely,
RJ PICKER GIMBY---(Gold In My Backyard Corp.)

Are GIMBY shares worth more than .00000001?
 
Posted by pay up on :
 
if it was MDGM it was trading at.12
It did a reverse split so I hold a whopping $12.worth
 
Posted by IceCold on :
 
XYZ Operation Gold Finger to Yield Estimated Total Annual Gross Revenues of $157,236,600.00 USD from the 50 Metric Tons Per Day Small-Scale Mining Operations of Pearl Asian Mining Industries, Inc. (PAIM)


What is this PR Supposed to do for PAIM??? FLY... or
 
Posted by pay up on :
 
the new symbol may be the old MDGM company because it was to merge with another company.
http://quotes.freerealtime.com/rt/frt/N?symbol=MDGM&art=C2006012600026u6374&SA=Latest%20News
 
Posted by WMRP on :
 
I was able to buy 500K at .0002 this morn. But have not been able to buy since
 
Posted by WMRP on :
 
Hey I found gold in my tooth, Anyone wanna give me .0001 for it. And I will throw in an extra 1000 teeth.
 
Posted by Max Shrap on :
 
It's an OBVIOUS attempt to pump the stock. They are probably gonna put out that SAME PR every other week to get more "fish to bite." The most important part of the PR is that they are not going to be ready to get any of that gold out of the ground 'til the end of the year. This is a stock I will be watching all year and may consider getting in at the last quarter, if it isn't exposed as a scam before then.

quote:
Originally posted by IceCold:
XYZ Operation Gold Finger to Yield Estimated Total Annual Gross Revenues of $157,236,600.00 USD from the 50 Metric Tons Per Day Small-Scale Mining Operations of Pearl Asian Mining Industries, Inc. (PAIM)


What is this PR Supposed to do for PAIM??? FLY... or


 
Posted by TroyAnalysis on :
 
The Ex-Dividend Date is the most significant date to keep in mind. The ex-dividend date is the first day a stock trades without a declared dividend. The price of the stock is adjusted prior to market open on the ex-dividend date to reflect the price without the value of the dividend. Shares that are purchased on or after the ex-dividend date are purchased at this lower price and, therefore, are not entitled to the dividend payment. Shareholders who sell their shares prior to the ex-dividend date sell the shares with the dividend still attached; in other words, they sell the security and the expected dividend.

Therefore, if one buys shares prior to the ex-dividend date and holds the shares until after market open on the ex-dividend date, they will receive the dividend.

The Record Date is a common term generally referred to in press releases and other news stories. The date of record is a date used by Corporations and Transfer Agents for corporate bookkeeping. The record date does not determine who is entitled to the dividend; it merely indicates to whom the transfer agent will need to deliver the shares. If a person holds shares on the record date but sells the shares prior to the ex-dividend date, they will need to deliver the dividend with the shares. Dividends are attached to shares, not people, so if shares are sold prior to the ex-dividend date, the dividend goes with the shares.


The Payable Date refers to the day the company or paying agent will pay out the dividend. This typically occurs after market close on the payable date. The payable date is generally after the ex-dividend date on cash dividends and prior to the ex-dividend date of stock splits and spin-offs.


Please keep in mind there are different types of dividends, and the cash dividend is the most common. However, stock splits, stock distributions, and spin-offs are all considered dividends and, therefore, similar principles apply. Although most securities follow the rule of ex-dividend date, this may vary with each exchange. As a result, we suggest you request information on a specific security to ensure accurate information.
 
Posted by WMRP on :
 
So does that mean I had to purchase to stock by end of today. or can i purchase wednesday and still get the 1000 shares
 
Posted by SuperSniper00 on :
 
It is over. If you dont currently hold the stock you aren't getting ****. Then again, if you are holding the stock now you aren't getting **** either.
 
Posted by pay up on :
 
I tried to sell today at .0002. The stock ranged between .0001 and .0003. So, it was at .0003 that means they ignored my sale at .0002, why?
 
Posted by Ripler on :
 
****!!

i feel like a dumb imegrant who just came to the UNITED STATES OF AMERICA expecting an easy, work free life..

boy was this black boy wrong
 
Posted by pay up on :
 
Ripler,
Remember that those imegrants like it here or else they would go back home.
 
Posted by madmoney on :
 
I have noticed that the level 2 quotes for this have dissappeared from my realtime streamer, 7 MM`s on each side but no numbers ( quotes ) and about 900 million traded after hours at 0002 between 16:11 and 16:19. my historicle T/S screen shows a code for each trade, T(F), looked it up, seems to mean something but i wont post it because i am not shure it`s right. any thoughts on this?
 
Posted by Bigrod40 on :
 
[Eek!] FOOD FOR THOUGHT!!!!!

Could the MM's have held the price down at 0.0001 to induce weak hand sells at 0.0002, and then hidden all of those sells at 0.0002 so that others would continue selling? So that now they are just recording those transactions after hours? If so, then that might be them catching up on their shorts.
 
Posted by moosehead9nc on :
 
that just sounds illegal
 
Posted by pay up on :
 
well my sell at .0002 didn't happen after hours.
It expired so I will still get the free worthless shares. Since it didn't sell I'll probably hold long now.
 
Posted by Ripler on :
 
gl trying to sell this now...stuck in it for sure
 
Posted by ohio_trader on :
 
the bid was .0003 last week several times, i sold 80% of my shares at a 300% ( i didn't and don't buy hype)


**You never lose when you go to the pay window**


do your homework

Ohio_Trader
 
Posted by cactus33 on :
 
good for you ohio, you are some genius..

see you at .0008

heh heh

I like how all of a sudden this stock is worthless, keep it comin bashers.

just trying to get everyone to panic tomorrow

thats all
 
Posted by weatherbill on :
 
I sold today at .0002 and made a nice double....then put that money in MLXO.....man, that was a good move for me today!
 
Posted by optimizer_78 on :
 
so many bashers for this worthless stock?

looks like some people are getting worried after naked shorting at .0001 and now have to pay the divies.

this is going to run to .005 levels
 
Posted by Max Shrap on :
 
It may, but not 'til the end of the year or beginning to middle of 07.

quote:
Originally posted by optimizer_78:
so many bashers for this worthless stock?

looks like some people are getting worried after naked shorting at .0001 and now have to pay the divies.

this is going to run to .005 levels


 
Posted by SuperSniper00 on :
 
Unless the company wasn't shorted at all and used it as a cover story to dumped shares.
 
Posted by plni on :
 
we lose mms win who didnt know that. my wife knows nothing about stocks saw this mess and only one thing (great marketing)
 
Posted by cactus33 on :
 
how do mm's win?

some people are all over the place with how they view this stock, their opinion can change within minutes back and forth?

makes you think?

rattle the newbie tricks....

who knows whats up with this stock, more drama than a soap opera
 
Posted by plni on :
 
they win by buying cheap stocks. i still think paim was a great buy at 0001/0002 and great days are still to come. i just think the stock was manipulated and the news sure did show up in the stocks performance
 
Posted by finalwish on :
 
is it possible for paim to go above .0003 tomorrow?
 
Posted by cactus33 on :
 
what stock isnt manipulated somewhat by pr

Ive been sittin on this POS

HVYW stock waiting for some sort of pr, waiting for months now. that stocks Gettin trampled

the companies with hardly any pr are POS and dont give a crap about the investor

all iMO
 
Posted by weatherbill on :
 
I sold my PAIM today for a nice double from .0001...... It didn't run like everyone said, so I sold and put the money in MLXO......man I'm sooooooooooo glad I did that!
 
Posted by cactus33 on :
 
how many times are you gonna say that bill, were'nt you the one pumpin PAIM to no end the other day b/c of the shorts.

since you are'nt with paim anymore why dont you go over the MLXO thread and have fun.

like tome petty said..

dont come around here no morreeeeee
 
Posted by Bigrod40 on :
 
[Confused] What happened to all the Bids and Asks??? Now I'm really interested!

http://www.pinksheets.com/quote/quote.jsp?symbol=paim
 
Posted by cactus33 on :
 
its 10 at night..

wait until the mornin.

IMO

mm's are gonna try to panic people tomorrow morning, there gonna still drive this thing down early to cause panic.. still short big time

just watch, and learn

just my personal opinion invest at your own risk...
 
Posted by DZWulf on :
 
quote:
Originally posted by optimizer_78:
so many bashers for this worthless stock?

looks like some people are getting worried after naked shorting at .0001 and now have to pay the divies.

this is going to run to .005 levels

WHEN?
 
Posted by weatherbill on :
 
I did state yesterday that I would see what the market does and then react accordingly.....I was going off information that I was being fed on this by others......I thought it was gonna rise.....but nothing in the markets is a guarantee, so back off your sorness.......if you haven't learned to go with the market, you will be left a bag holder.......adjustments and changed are inevitable
 
Posted by cactus33 on :
 
keep wishin that Im the bagholder, who's sore

just wonder why you're here repeating how smart you are?

go find an mlxo thread..
 
Posted by cactus33 on :
 
someone elses post from another site


Tomorrow is the last day to own the stock not Today so don't believe the liars.

PAIM - Pearl Asian Mining Industries, Inc. Common stock (WY)

Declaration Date:

-- Ex Date:

03/15/2006 Record Date:

03/17/2006 Payment Date:

03/31/2006
Dividend Type:

Stock Div. payable in another company Dividend Amount
 
Posted by TroyAnalysis on :
 
agreed..non-sense...
 
Posted by SuperSniper00 on :
 
ex date is the first day the stock trades WITHOUT dividend....thus the name EX-DIVIDEND DATE...

The only way to get the dividend is to own the stock at this very moment. Go check the SEC website

Straight from the SEC website:

"Once the company sets the record date, the stock exchanges or the National Association of Securities Dealers, Inc. fix the ex-dividend date. The ex-dividend date is normally set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend."
http://www.sec.gov/answers/dividen.htm

I called etrade and they said the pay date is the 31st incase anyone was wondering when they should get their shares.
 
Posted by cactus33 on :
 
i was'nt sure, just saw that somewhere else
 
Posted by SuperSniper00 on :
 
Well if you dont know what you are talking about you shouldn't post it. It misleads people.

Plain and simple, the fact is if you don't own PAIM right now you are not getting anything.

What will tomorrow bring? Well I am guessing everyone is gonna sell their shares because the divvy is overwith. But then again I thought today would have exploded and I was wrong on that.

Just sounds like the pumpers are out in full force now because of the huge let down.
 
Posted by cactus33 on :
 
peace
 
Posted by Ripler on :
 
let me get this straight...

sooooo if i own the shares from the close of today then that means i can get the divs for sure? what if i decide to sell tomorrow?

do i still get the div?
 
Posted by ohio_trader on :
 
I feel better about you now snipe..cause i thought you were one of them(pumpers)...lol

i dumped last week at .0003 on 80% of my shares...and i got crucified for taking a 300% profit by someone...lol

im still holding a million shares, they will go in my novelty portfolio for now along with CWFG


quote:
Originally posted by SuperSniper00:
Well if you dont know what you are talking about you shouldn't post it. It misleads people.

Plain and simple, the fact is if you don't own PAIM right now you are not getting anything.

What will tomorrow bring? Well I am guessing everyone is gonna sell their shares because the divvy is overwith. But then again I thought today would have exploded and I was wrong on that.

Just sounds like the pumpers are out in full force now because of the huge let down.


 
Posted by SuperSniper00 on :
 
Yes you can sell tomorrow. The only requirement is that you owned the stock when it closed today.

Tomorrow is the ex dividend date, meaning it trades WITHOUT dividend status.


"If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend."


You would be the seller mentioned in the second sentence.
 
Posted by cactus33 on :
 
read snipers thread right above.

I dont know?
 
Posted by ohio_trader on :
 
screw it...we'll all know real soon....its not like we're getting or losing anything big at this point in the game......come back next year at this time and we'll talk


***do your homework***


Ohio_Trader
 
Posted by cactus33 on :
 
yep, good night on that.
 
Posted by Ripler on :
 
this stock had potential but was completely control by mms... should have seen it coming..

i will "try" and sell tomorrow but i doubt it will go through. its not as easy to sell as it is to buy :S

*********Pearl Asian Mining Industries, Inc. (Pink Sheets:PAIM)
Reports:
The company announced today that NASDAQ has set the X-Dividend
Date as March 15, 2006. The dividend of 1,000 preferred shares for
every 1 common share held of record on March 17, 2006, is to be paid
on March 31, 2006.

this statement released earlier says the div will be given to those holding on the 17th

you sure if i sell tomorrow i still get the preferred? or am i confusing myself

[ March 15, 2006, 00:56: Message edited by: Ripler ]
 
Posted by SuperSniper00 on :
 
THE RECORD DATE DOESN'T MEAN ANYTHING!!!!

Are you guys retarded? Perhaps you need to take investing 101 at your local community college. The record date matters for 1. accounting purposes and 2. it tells the NASD when they need to set the ex date. The ex date is 2 days before the record date. the ex date is the day you need to own the stock by. If you buy the stock today and hold to the 17th you are not getting chit.

The SEC is the governing body of all securities that are traded in the united states. Their interpretation of the law is final. Their website is not wrong.


quote:
Originally posted by Ripler:
this stock had potential but was completely control by mms... should have seen it coming..

i will "try" and sell tomorrow but i doubt it will go through. its not as easy to sell as it is to buy :S

*********Pearl Asian Mining Industries, Inc. (Pink Sheets:PAIM)
Reports:
The company announced today that NASDAQ has set the X-Dividend
Date as March 15, 2006. The dividend of 1,000 preferred shares for
every 1 common share held of record on March 17, 2006, is to be paid
on March 31, 2006.

this statement released earlier says the div will be given to those holding on the 17th

you sure if i sell tomorrow i still get the preferred? or am i confusing myself


 
Posted by JoeMillion on :
 
SuperSniper00


WOw! Paim Pumper here and RSHN basher over the rshn board.

You are something else.


Joe
 
Posted by Jmoove on :
 
nevermind
 
Posted by MoneyMoneyMoney on :
 
Sure am glad I got my hard earned cash out of this worthless crap.....
 
Posted by George on :
 
quote:
Originally posted by SuperSniper00:
Unless the company wasn't shorted at all and used it as a cover story to dumped shares.

That is what most of these pinks do...cry shorting while they are dumping,,,,,,
 
Posted by madmoney on :
 
if anyone cares, there are only 2 MM`s listing quotes for paim so far. B/A is 0001x0003. whats up with that?
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by madmoney:
if anyone cares, there are only 2 MM`s listing quotes for paim so far. B/A is 0001x0003. whats up with that?

MMs are not interested anymore. They held it down long enough. Yesterday was dday and the paim train crashed.

I admit I was wrong about the whole thing, time to move on and find the next stock.
 
Posted by logical buyer on :
 
This stock is dead in the water.
 
Posted by cactus33 on :
 
be careful about panic selling now.

dont believe everything you read on this board.

some posters are really messin with peoples heads around here lately
 
Posted by JOELGA on :
 
I'm holdin my free shares. Gold baby...gold!
 
Posted by cactus33 on :
 
back to .0003
 
Posted by cactus33 on :
 
for a second..

heh
 
Posted by cactus33 on :
 
here's the panic
 
Posted by lostone on :
 
anyone able to get more paim at .0001??
if not, looks like it's a scare tactic
 
Posted by Squire38 on :
 
quote:
Originally posted by lostone:
anyone able to get more paim at .0001??
if not, looks like it's a scare tactic

No, I have an order in for 0.0001. I put it in yesterday and have not even gotten a partial.
 
Posted by cactus33 on :
 
i predicted this last night

you had bashers everywhere stirrin this up.
 
Posted by Thomas Mick on :
 
Just put an order in for 2 million shares at .0001. Got to go to work at 8 pst, will let you know if it fills before then.
 
Posted by cactus33 on :
 
im seein some .0003 on L2
 
Posted by ohio_trader on :
 
PAIM PAIM go away come again some other day............
 
Posted by moosehead9nc on :
 
i have seen a ton of buys flying through at 2, so idk what's going on, these buys are large orders 9 mil blocks
 
Posted by smalltime on :
 
I figured today it would hit bottom?????????
 
Posted by Bigrod40 on :
 
[Razz] I like this, From IHUB

Posted by: chevyrider
In reply to: None Date:3/15/2006 12:32:52 PM
Post #of 2072

Just called Rick and he is very helpful he told me the float is still 5 billion and like I figured the MM are up to there same tricks as usual. Rick says wait until they put the dividends in the accounts and they will have some mad MM.
 
Posted by SuperSniper00 on :
 
Sold 16.5m, leaves me with 3mil left plus my dividends. Time to start looking for otherstocks. Its like having girlfriends. I just broke up with pearl and I am looking for the rest of those fish in the sea.
 
Posted by dkinvest on :
 
quote:
Originally posted by SuperSniper00:
Sold 16.5m, leaves me with 3mil left plus my dividends. Time to start looking for otherstocks. Its like having girlfriends. I just broke up with pearl and I am looking for the rest of those fish in the sea.

may I suggest CNES?
 
Posted by SkinnyG on :
 
is paim a good buy right now? i'm seeing it sitting at .0001
thinking about getting 5 million ($500).
any advice/thoughts for a newbie?
G
 
Posted by SkinnyG on :
 
just jumped to .0003 about 10 secs after i posted the above...
bummer :-)
g
 
Posted by SuperSniper00 on :
 
CNES had its run. NEXT!
 
Posted by dkinvest on :
 
quote:
Originally posted by SuperSniper00:
CNES had its run. NEXT!

Do your homework buddy!
 
Posted by cactus33 on :
 
skinny, its gonna be reaaaal tough to get filled at .0001 IMO.

your best bet is at .0002 if you want in

IMO

could always try though
 
Posted by SuperSniper00 on :
 
You can get in at .0001 in a week.

No rush to jump into paim now that the div is over and mining wont start until 9 months from now.
 
Posted by cactus33 on :
 
PHHHHHHHHHHHHBBBBBBLLLLTTTTTTTTT.
 
Posted by ohio_trader on :
 
why did anyone buy today at.0003,bid, .0002, price.0002....you have to be REALLY DUMB...give me your $$$ i haven't cashed out a loser in my last 10 picks


****do your homework***


Ohio_Trader
 
Posted by ohio_trader on :
 
correction...bid at .0001
 
Posted by joeyisthebest on :
 
x date is today so if you buy in today you still get dividend
 
Posted by ohio_trader on :
 
incorrect...too late it was yesterday\
 
Posted by joeyisthebest on :
 
Guess I will find out bought in today at .0002
 
Posted by texrecruiter on :
 
Actually Ohio, today is the xdate. But you are right. He would have to buy before the xdate to get dividend. The seller gets it today.
 
Posted by dreamer_rick on :
 
hey guys what will happened then after we get our shares ....will the share pps run again ...cuz all what I see is droping pps....

I remeber excatly the same thing happened with UNQT it said it would distribute some shares to each holder and then it died ... its not traded any more ....

any idea?
btw I'm in at 0.0002 ...
 
Posted by joeyisthebest on :
 
I am calling etrade right now to find out what the deal is on the x date will find out and post as soon as possible
 
Posted by jermarksey on :
 
thanx joe will be looking for that info.
 
Posted by joeyisthebest on :
 
Just got off the phone they said that if I buy on ex date I don't get the dividend so put my order to sell in at .0003
 
Posted by Ripler on :
 
quote:
Originally posted by joeyisthebest:
Guess I will find out bought in today at .0002

ahahahaHAAHA
 
Posted by btownfas on :
 
Hey guys, nothing about paim or anything but i have a quick question. Today at work someone mentioned something to me about flipping stocks for profits, they said that if you buy and sell you can't rebuy the same stock for 30 days. It didn't make much sense to me but i got a little worried...anyone know if there is any truth to this?
 
Posted by cactus33 on :
 
dreamer arent you in some saudi bank working

pumpin usxp

what are you gonna be know, a phillipine gold investor in manila?
 
Posted by dkinvest on :
 
quote:
Originally posted by btownfas:
Hey guys, nothing about paim or anything but i have a quick question. Today at work someone mentioned something to me about flipping stocks for profits, they said that if you buy and sell you can't rebuy the same stock for 30 days. It didn't make much sense to me but i got a little worried...anyone know if there is any truth to this?

That is BS.
 
Posted by CTMum on :
 
The only rule I know about is unless you are set up with a margin trading account, you have to wait 3 buiness days from the day you buy a stock to use the proceeds from the sale of it to buy more. If you hold for 3 or more days the money is immed. avail.

Correct me if I am wrong.
 
Posted by pay up on :
 
see below
 
Posted by pay up on :
 
quote:
Originally posted by dkinvest:
quote:
Originally posted by btownfas:
Hey guys, nothing about paim or anything but i have a quick question. Today at work someone mentioned something to me about flipping stocks for profits, they said that if you buy and sell you can't rebuy the same stock for 30 days. It didn't make much sense to me but i got a little worried...anyone know if there is any truth to this?

That is BS.
Untrue, plenty of people sell a stock at 11AM and buy it back at noon. You are only allowed to flip it like that 4 times in, I think, 5 business days. I personally have sold one day and bought back the same day.
 
Posted by pay up on :
 
quote:
Originally posted by pay up:
quote:
Originally posted by CTMum:
The only rule I know about is unless you are set up with a margin trading account, you have to wait 3 buiness days from the day you buy a stock to use the proceeds from the sale of it to buy more. If you hold for 3 or more days the money is immed. avail.
Correct me if I am wrong.

If you have a cash account and buy a stock, then sell it, you can buy another stock right away but you can't sell the new purchase until 3 days after the sale of the 1st one because you haven't really paid for it yet till the 1st sale clears.

 
Posted by btownfas on :
 
Got it, thanks everyone. I didn't think it sounded right or even fair, but just got a little worried. Thanks again
 
Posted by cottonjim on :
 
You also need to be aware of the rule on round trips. That is, if you buy and sell a stock in the same day 5 times you are considered a day trader by the SEC and are required to cary certain minimum balances in your brokerage account. So buying and selling any stock 5 times in one day would put you in that category.
 
Posted by cactus33 on :
 
hope none of you got caught up in that panic sell this morning, saw that comin from a mile away.

watch out becauce they'll be bashers and panickers, tryin to get you to sell, comin thru here as soon as this hits .0004

theres a ton a people that sold at .0002 for a quick panic buck and they'll be bitter. theres no worse feeling than sellin off before a good run..

just my opinion, dont take this as investment advice......
 
Posted by jermarksey on :
 
will we have the same symbol after tomorrow
 
Posted by luckyjimmy on :
 
what do you think of this article they are talking about a billion dollars of revenue a year

http://www.pinksheets.com/quote/news.jsp?symbol=PAIM

XYZ Operation Gold Finger to Yield Estimated Total Annual Gross Revenues of $157,236,600.00 USD from the 50 Metric Tons Per Day Small-Scale Mining Operations of Pearl Asian Mining Industries, Inc. (PAIM)
 
Posted by cactus33 on :
 
I advise all people new to this thread to take the effort and read the whole thread


it will help......
 
Posted by pay up on :
 
quote:
Originally posted by jermarksey:
will we have the same symbol after tomorrow

Yes you will have the same symbol.
The new shares will be under a new symbol and probably will show up the end of the month.
 
Posted by SuperSniper00 on :
 
.0001 baby, .0001.
 
Posted by pay up on :
 
quote:
Originally posted by SuperSniper00:
.0001 baby, .0001.

what's that suppose to mean???????
 
Posted by cactus33 on :
 
just wondering while your around supershorty??

i thought that you broke up with the paim girlfriend.

I guess you're one of those losers that keeps calling the ex back after a break-up to harass them because you have no life?

heh
 
Posted by pay up on :
 
Dreamer,
What happened to all the Saudis who were buying USXP?
 
Posted by 7 of 9 on :
 
the saudis were in usxp at 3

they dumped all their shares at 400

all the winnings go to hamas

buyout has been cancelled

sorry
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by cactus33:
just wondering while your around supershorty??

i thought that you broke up with the paim girlfriend.

I guess you're one of those losers that keeps calling the ex back after a break-up to harass them because you have no life?

heh

I still have 3m just incase...oh yeah and I also have those lovely 19.5 billion preferred shares.

the shorts dont need to cover anything anymore because the div is over with, only reason they would have covered is to avoid paying the div...we dont even have solid proof there was any shorting...i originally thought paim was dumping shares, maybe she used the NSS story to cover her dumping. its smart and would definately fool you lemmings
 
Posted by cactus33 on :
 
dreamer, your threads are worthless to me. after that last usxp bs

bummed that you own paim now..

oh well, always people like you around
 
Posted by cactus33 on :
 
now we are lemmings, supershorty?

why did this close at .0003 and 90% of the sells were at .0002 today.

and you are sayin its gonna be simple to buy at .0001 in 2 days..

sorry, dont make sense to me.. lemming.

we'll see who's wrong i guess..
 
Posted by Dustoff101 on :
 
White cop catches black thief, thief screams racism...

Black cop catches white thief, thief screams racism...

Remember when I busted Dreamer?

If ya don't, well his only defence was I was a racist..

That convinced me right then and there, he was up to no good.
 
Posted by cactus33 on :
 
he'll probably come up with a new name and claim that he's a phillipine soldier seeing the gold firsthand.

sorry, better be quiet dreamer, dont wanna give you any ideas...

NOW GO AWAY DI&%, I MEAN RICK........
 
Posted by Dustoff101 on :
 
33, maybe he'll come back as Gesha Girl and claim the miners are paying her in clandestine Gold nuggets.
 
Posted by 7 of 9 on :
 
quote:
Originally posted by cactus33:
he'll probably come up with a new name and claim that he's a phillipine soldier seeing the gold firsthand.

sorry, better be quiet dreamer, dont wanna give you any ideas...

NOW GO AWAY DI&%, I MEAN RICK........

this is a great idea

get ready for my pump
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by cactus33:
he'll probably come up with a new name and claim that he's a phillipine soldier seeing the gold firsthand.

sorry, better be quiet dreamer, dont wanna give you any ideas...

NOW GO AWAY DI&%, I MEAN RICK........

im in the us army, and i have been to the philippines...i got tons of pics if you really care to see, just got back in december, was there for 6 months from july to december
 
Posted by SuperSniper00 on :
 
The Underworld of Sub-Penny Gold Stocks

Roland Watson
March 15, 2006

"Abandon every hope, ye who enter here."

Whilst watching the current correction in gold and silver prices, I decided to hold back on further precious metals investments. This is quite a normal action to take but in my quest to decide which strategy to enact on prices bottoming out, I found myself propelled into a dark and unfamiliar domain. It was a domain where the rules of engagement seemed to be different and was populated by a different set of investment creatures altogether.

I am talking about that dominion where gold stocks mutate into sub penny stocks, a world where nimbleness of foot is required lest you are consumed without mercy and it does not seem to matter one whit whether a company has one ounce or one million ounces of gold under the ground.

It seemed like a journey down into an equity version of Dante's nine circles of the Inferno from which nothing seems fated to ever emerge from perpetual darkness. From above we took our journey, past the main producers down to mid-tier companies, onto juniors newly producing and onto promising exploratory companies foraging for the next big find. But below we descended into an otherworldly haze beholding companies that seemed to wander like zombies in a state between life and death. They gave the impression of having no purpose whatsoever having nothing to speak of in the way of riches or even a semblance of such a hope in them.

Their eternal destiny seemed to be one in which they would forever remain frozen at absolute zero prices. It was also a world that had an atmosphere of deception and intrigue as demons lay behind every pile of Fools Gold trying to pump up comatose stocks to the detriment of the gullible. Yet in amongst these do-nothings and rotting corpses lay one or two gems that would somehow arise in resurrection destined to join the respectable ranks of shares ranked in dollars rather than fractions of cents.

As I stumbled around this murky region, I came across two companies that caught my attention and made me question and finally re-affirm the raison d'etre of the gold stock investor.

The first was Great West Gold that was trading at the ludicrous price of $0.0004 per share or four hundredths of one cent. It had been previously trading at a low of $0.0001 that is so low that it was displayed as zero on my chart summary and I suspect this is a price that cannot go lower for trading purposes. Moreover, the number of outstanding shares was of the order of 20 billion not including however many warrants and options had been granted.

Welcome to the underworld of confetti shares at vanishingly small prices. I paused and examined this small gold entity. They did not appear to be producing an ounce of gold and they were in the throes of a restructuring that aimed to purchase some old deposits by further dilution of stocks. I walked on past them wondering whether a small investment should be aimed in their direction. I reminded myself of the philosophy of the gold investor - valuations and a long-term perspective - and moved on.

Almost immediately after that, Great West Gold exploded in price to a peak of $0.003 in early March before settling down to $0.001. That was a 30-fold increase from their low of $0.0001 and no doubt someone was a little richer for that. I thought to myself that in the lower reaches of the penny stock inferno, we could expect volcanic behaviour as speculative forces unleash strange pent-up energies.

Did I regret not buying? In some sense, yes, but it did not seem the way of the seasoned gold investor which I shall explain shortly.

Good luck to Great West Gold, they may yet achieve equity resurrection and escape the sub-penny inferno. But as I reached the lowest circle of this equity inferno, I came across the strangest case yet and one which bore watching before moving back up to the world of light.

This denizen of the equity deeps is called Pearl Asian Mining and once again we find a stock that is barely above the lowest of the low price at $0.0002 - one million shares would cost you $200. As I continued to observe, I noticed some strange species of investors excitedly jumping around this inert creature willing it to get up. In their imaginations, they were fighting against another group of creatures called the naked short sellers.

Now this latter class of being we know about having watched them run against the price of gold and silver for a considerable amount of time. The problem though was whether these fellows were actually moving in this twilight situation. I listened to these sub-penny investors excitedly talking amongst themselves (on certain internet forums) about a coming short squeeze redemption against these demonic market makers who continually shorted the price of Pearl Asian Mining.

The most fascinating thing about this was a phenomenon I had not witnessed and do not expect to witness in the equity world above. In their attempt to cause these alleged naked shorts to run for cover, Pearl Asian Mining is taking the extraordinary step of declaring a dividend of 1000 preferred shares for every one common share held by investors before the ex-dividend date this week.

With 30 billion shares outstanding, this would imply an issue of 30 trillion shares! Something sounded almost surreal about this, but then again I was in an almost surreal world. As I listened to these sub-penny investors, I realised that a lot of them cared not for the gold fundamentals of the company but where rather obsessed with the vulcanism of volatility.

As we noted, Great West Gold rocketed 3,000% in about two weeks. Such a move is unheard of in the equity world above. But in this volcanic world of volatility, spots around you erupt in fury only to die down as quickly again. It is a world divorced from valuations and one devoted to the rapid momentum trader who rides a stock for mere days in the search for quick profits.

Against this backdrop of extreme volatility, the game was afoot. Pearl Asian Mining (and Great West Gold) believes they are held in their zombie state by evil market makers selling shares they do not have. Pearl Asian has decided to call any bluffs out there by forcing them to create an extra 1000 shares per non-existent common shares. They believe this will end the naked short selling and propel their share price up a few circles.

As I write, the game is still on and the price remains in a tight range of $0.0002 to $0.0004. The sub-penny forums await the outcome of March 31st when these trillions of preferred shares have to be created and delivered ex nihilo. I stood by somewhat incredulous of their doctrine. Why would market makers continuously short a stock that is about as low as it can go? Surely there are fatter victims to capture?

A visit to Pearl Asian Mining's press releases brought me closer to the truth. A recent press release trumpeted this headline:

"Pearl Asian Mining Industries ''Operation Gold Finger'' April, 2005
Reports: XYZ Gold Project Showed an Estimated Ore Reserve of over 2.4 Million Metric Tons of Gold & Silver
Tuesday March 7, 6:00 am ET
US $60,285 Per Day X 360 Days Per Year Operation = $21,702,600.00
Estimated Annual Gross Revenue"

One has to be careful with headlines lest one thinks that they are implying they have 2.4 million tonnes or 7.7 billion ounces of gold and 69 billion ounces of silver (at a 10:1 ratio). Their assay results are also optimistic, but I won't go further since all information is in the public domain. Moreover, this seemingly good news failed to budge the share price out of its tight range. It seems that in the world of sub-penny stocks, one is not so easily believed.

I was in a world of rapid momentum traders waiting for a geyser to erupt. That was not the way of the traditional gold stock investor who buys and holds based on proven reserves and excellent future production prospects. I asked myself why any company down here in the ninth circle of $0.0001 stocks should have anything like a promising future? I looked at the promising juniors who are now doing well. They were born in the full light of day and not in the deepest equity hell. Perhaps I am wrong; perhaps not all stocks down in the hundredths of a cent inferno are there because that is what they are worth. Perhaps a few of them such as Great West Gold and Pearl Asian Mining will rise to the skies above playing their golden harps.

In the meantime, I continue to watch and observe the great game of hyper-volatility and when the game is done, it is back to the world above where the light of valuations penetrates much more readily and there is a greater degree of certainty about the affairs of men and mines.

Roland Watson

http://www.321gold.com/editorials/watson/watson031506.html
 
Posted by cactus33 on :
 
hey superloser00 quit rippin off hawaii guys thread and get a life..

you and 7 of 9 are the same people posting your BS get a life......

i'm here to make money....

exposed...

all in my personal opinion
 
Posted by eze on :
 
Now SS is posting on HSM to get into TWOG the next big thing PUMP PUMP PUMP....Get Lost!!!
 
Posted by cactus33 on :
 
eze, right on..

people are up to his tricks, supershorty00, he/she

has to exposed b/c people work too hard for their $
 
Posted by BuyTex on :
 
Seems to me this whole thread should be bronzed and preserved for posterity...

lol, which "tricks" you guys talking about?
 
Posted by cactus33 on :
 
still has a while to go before bronzed..

gotta get to the 20grrr post level..

tex, do you have any idea how many people cruise thru here to browse from all over the world.

peoples "tricks" do matter here, wake up cowboy

do you really think that allstocks BB is composed of only the people that post?

why do you think that their server crashes every 4 hours....
 
Posted by BuyTex on :
 
Scuse me?

lol, apparently you're as new as your posts indicate...

I ask in all seriousness. Puhhhh-leaze don't answer with more questions...
 
Posted by cactus33 on :
 
gee you sure are smart like pardner..

BELIEVE IT OR NOT, there is a whole world out there beside the state of texas...... tex

I saw your posts too..

you dont have much to say..

7000 posts = you've been here to long, graduate to larger things....

IMO
 
Posted by BuyTex on :
 
cactus?

lol, you must be some new handle for an old pal...yes?

otherwise, which posts of mine might you be referring to?

Until you clear this up? I defer to my earlier question: which tricks you guys worried about?
 
Posted by Dustoff101 on :
 
Oh O' chit gonna hit the fan now..LOL

Remember the Alamo!
 
Posted by SuperSniper00 on :
 
quote:
Originally posted by BuyTex:
Seems to me this whole thread should be bronzed and preserved for posterity...

lol, which "tricks" you guys talking about?

The only tricks going on is cactus pumping paim all over the net. paim had 1 hope, the dividend.

the company is bogus, pearlasian aka elvira gamboa is a known con artist...coughcough DoM! coughcough not only that factor in the sandy winnick and mario pino connection and oh man this stock is just lovely

there is no gold, they posted the same assay report from last year...doesnt even fit mining guidelines for reporting...erm what else? oh yeah the company is dumping shares while you sit on them....back to .0001 you go paim
 
Posted by BuyTex on :
 
SS, weren't you griping earlier in-thread when peeps said more or less the same thing? scam, etc...

Listen, that's cool--I change my mind, too. Just trying to get calibrated, here...
 
Posted by cactus33 on :
 
IMO

people were trying to induce panic to try to create another great buy-in before a big run

tex, this is what i posted this morning....

these tricks....

hope none of you got caught up in that panic sell this morning, saw that comin from a mile away.

watch out becauce they'll be bashers and panickers, tryin to get you to sell, comin thru here as soon as this hits .0004

theres a ton a people that sold at .0002 for a quick panic buck and they'll be bitter. theres no worse feeling than sellin off before a good run..


did I answer your question tex?

Im not trying to be mean to you, i have relatives in texas, but they are like californians in the ironic way that they think they are the center of the universe and can't see beyond..

to answer your question, about why the server crashes....

well, im guessing that they have an amazing amount of traffic from all over the world..

sorry that flustered you...

like bush, whats up with you texans...

get all scared when someone asks you a question


just my opinion, dont take this as investment advice......
 
Posted by tmanfromtexas on :
 
I just cant understand why snoopersnipper didnt bring all this info to light before he dumped. OH its because he is an a**hole. I forgot. TMAN...

He posted...
the company is bogus, pearlasian aka elvira gamboa is a known con artist...coughcough DoM! coughcough not only that factor in the sandy winnick and mario pino connection and oh man this stock is just lovely

there is no gold, they posted the same assay report from last year...doesnt even fit mining guidelines for reporting...erm what else? oh yeah the company is dumping shares while you sit on them....back to .0001 you go paim
 
Posted by BuyTex on :
 
CACTUS
sonny boy, would that I were I scared of any of your questions, I couldn't get outta bed in the morning...lol...if you bugged me, I'd be scared of songbirds.

As it is, am simply trying to make sense of what you're saying...

are you saying this PAIM thing is a real company?

can't help ya with the server--sounds like red-herring, distraction BS to me...

get to your point, junior
 
Posted by cactus33 on :
 
supershorty00 has already been exposed..

I'm not a PAIM pumper..

I bought in at .0001 and have'nt sold...

so what? I own 12 other stocks and where do you see me pumpin them

just can't stand when people like you pump a stock, get out, and then trounce all over it so you dont have to live with yourself when it takes off.

Supershorty00, why are you still here talkin about PAIM?

previous thread said that you dumped PAIM like an old girlfriend?

Im figurin if you are male or fmale you dont know what a girlfrind is considering the time you spend thread to thread pumpin and bashin..

your time is up......

this is all in my personal opinion, do not take this as investment advice..

peace
 
Posted by BuyTex on :
 
quote:
Originally posted by tmanfromtexas:
I just cant understand why snoopersnipper didnt bring all this info to light before he dumped. OH its because he is an a**hole. I forgot. TMAN...

He posted...
the company is bogus, pearlasian aka elvira gamboa is a known con artist...coughcough DoM! coughcough not only that factor in the sandy winnick and mario pino connection and oh man this stock is just lovely

there is no gold, they posted the same assay report from last year...doesnt even fit mining guidelines for reporting...erm what else? oh yeah the company is dumping shares while you sit on them....back to .0001 you go paim

T-neighbor, isn't that same info provided earlier in-thread?

(not addressing the "why" of SS, right now)
 
Posted by BuyTex on :
 
quote:
Originally posted by cactus33:
supershorty00 has already been exposed..

I'm not a PAIM pumper..

I bought in at .0001 and have'nt sold...

so what? I own 12 other stocks and where do you see me pumpin them

just can't stand when people like you pump a stock, get out, and then trounce all over it so you dont have to live with yourself when it takes off.

Supershorty00, why are you still here talkin about PAIM?

previous thread said that you dumped PAIM like an old girlfriend?

Im figurin if you are male or fmale you dont know what a girlfrind is considering the time you spend thread to thread pumpin and bashin..

your time is up......

this is all in my personal opinion, do not take this as investment advice..

peace

lol, make better sense

are you angry with SS, or are you upset cuz of sumpin else? you mentioned my number of posts with nothing to say...

lol, you might wanna DD and re-think...

so far, you've posted nonsense in reply to my question
 
Posted by BuyTex on :
 
back to my original point for the evening:

quote:
Seems to me this whole thread should be bronzed and preserved for posterity...

 
Posted by cactus33 on :
 
whats your question, i answered all of 'em tex?

your just tryin to get the last word im guessin...

yea i checked your post bluffer, they dont impress me..

peace
 
Posted by BuyTex on :
 
quote:
Originally posted by cactus33:
whats your question, i answered all of 'em tex?

your just tryin to get the last word im guessin...

yea i checked your post bluffer, they dont impress me..

peace

bluffer?

you funny speed-reader--checked 7k posts aleady?

OK, let me get this straight.

first SS was "pumpin" this pick, but now he's not? Is that your major point?
 
Posted by BuyTex on :
 
quote:
Originally posted by cactus33:
supershorty00 has already been exposed..

I'm not a PAIM pumper..

I bought in at .0001 and have'nt sold...

so what? I own 12 other stocks and where do you see me pumpin them

just can't stand when people like you pump a stock, get out, and then trounce all over it so you dont have to live with yourself when it takes off.

Supershorty00, why are you still here talkin about PAIM?

previous thread said that you dumped PAIM like an old girlfriend?

Im figurin if you are male or fmale you dont know what a girlfrind is considering the time you spend thread to thread pumpin and bashin..

your time is up......

this is all in my personal opinion, do not take this as investment advice..

peace

newbs or other interested observers:

this is a typical post from someone attempting to steer away from the merits of a good, logical discussion: answering questions that have not been asked (but BOY HOWDY those answers are full of drama!) and then ranting and raving about SOMETHING ELSE!

lol, y'all--many good traders here, but the likelihood of one of them postin in this fashion is very low...
 
Posted by tmanfromtexas on :
 
BuyTex, I dont believe HE/SHE posted any of that info when he was pumping... All he could say was the shorts and MM's were screwed etc adnauseum. He even posted a supposed IM chat between him/her and 7of9. SO I will watch the boards and stay away from this pumper/basher as much as possible. BTW I am holding PAIM and happy to be doing so. TMAN...
On a side note how is the fire danger there in the DFW area. I have been following the disaster in the panhandle from California. I hope all is well there. TMAN...
 
Posted by BuyTex on :
 
quote:
Originally posted by tmanfromtexas:
BuyTex, I dont believe HE/SHE posted any of that info when he was pumping... All he could say was the shorts and MM's were screwed etc adnauseum. He even posted a supposed IM chat between him/her and 7of9. SO I will watch the boards and stay away from this pumper/basher as much as possible. BTW I am holding PAIM and happy to be doing so. TMAN...
On a side note how is the fire danger there in the DFW area. I have been following the disaster in the panhandle from California. I hope all is well there. TMAN...

Well, we finally got some rain here, but as you know the Panhandle is scorched...more rain needed, everywhere.

Understand your position on SS--all I'm asking is: Did you find no counter-balance in the thread?

Was the DD from SS "overwhelming" or otherwise convincing?
 
Posted by cactus33 on :
 
quote:
Originally posted by BuyTex:
quote:
Originally posted by cactus33:
whats your question, i answered all of 'em tex?

your just tryin to get the last word im guessin...

yea i checked your post bluffer, they dont impress me..

peace

bluffer?

you funny speed-reader--checked 7k posts aleady?

OK, let me get this straight.

first SS was "pumpin" this pick, but now he's not? Is that your major point?

yea, people can actually read somewhat quick up here in yankee country pardner.....

sorry tex, I cant spell everything out for ya, its getting tiring, we are spinnin wheelsm here ....

GLTY




 
Posted by BuyTex on :
 
Cactus,
Yank, with your handle? no "from" listed? hmmm....

lol, quick?

took ya long enough--and even then you had to have help [Razz]

...ya, you are spinning your wheels; of course it's tiring--you're trying to pass off this company as a real deal. That's a Herculean effort.

Anyway.

back to the point: this thread should be bronzed and preserved for posterity...
 
Posted by cactus33 on :
 
why are you here if you dont own this?

yea, its a free country, thats why Im askin why you waste your time here bashin with the others

thats all Im askin you along with supershorty, 7 to 9 and you.........

you said....."took ya long enough--and even then you had to have help"

are you kidding me, i actually have a life..

i took some time away from my computer.

i have the greatest friend in dallas fort worth..

your bad attitude is givin him a bad name ....

sorry just IMO
 
Posted by tmanfromtexas on :
 
BuyTex, There were some good points made by a lot of posters here both for and against. As my tagline says, "In the end, trust only yourself when trading stocks." No one to blame for me losing money and no one to share in the wealth if I make money. I alone hit that final submit button when it comes to buying and selling. I use this board along with many other outlets when I am doing my DD. Have a great evening. TMAN...
 
Posted by cactus33 on :
 
tman, im right there with you...

great attitude

good nite
 
Posted by cactus33 on :
 
saw something interesting..

http://www.*************.com/StockPage.asp?CompanyTicker=PAIM&MarketTicker=OTC&TYP=S

GLTA


these posts are not of a licensed investment advisor or analyst nor does he give out buy, sell or hold advice to anyone
 
Posted by Penny-Trader on :
 
shiit microsoft is doomed then.

what kind of logic is this?

lol


quote:
Originally posted by cactus33:

chill.. the more we talk about it going to the moon the less chance it has.

IMO


 
Posted by Penny-Trader on :
 
hey this is like you over in QBID thread

are you calling the kettle black?


quote:
Originally posted by cactus33:
why are you here if you dont own this?

yea, its a free country, thats why Im askin why you waste your time here bashin with the others

thats all Im askin you along with supershorty, 7 to 9 and you.........

you said....."took ya long enough--and even then you had to have help"

are you kidding me, i actually have a life..

i took some time away from my computer.

i have the greatest friend in dallas fort worth..

your bad attitude is givin him a bad name ....

sorry just IMO


 
Posted by SuperSniper00 on :
 
First off, I've said numerous times that I was going to sell my shares after the dividend, regardless what happened. The only thing that changed was the amount that I sold. I thought we would see .0005-.001 at the least. That never happened and it changed the whole thing. Even if it did go up, everyone knew that there would be a sell off the next week after the exdate. first im a pumper than a basher than a pumper...which is it bud? ill tell you, just an average guy posting his personal opinions about stocks, im not an advisor or an expert, nor have i ever claimed to be and if you hang off of every word a person says, especially one you dont know, than you are a fool and i hope you lose all your money

Second TMAN I wasn't the one who posted the IM between me and 7 of 9, he posted it. I have no control over what other people do.

Third is I've posted about and in response to the whole mario pino, sandy winnick, DoM connection on ihub for well over 3 weeks now so to say that its something new is bull**** and your just trying to slander me. I know you read ihub so dont try and say you dont.

Fourth is, I was just flat out wrong about paim. A lot of people were. The smart thing to do is to realize when you make mistakes. I thought paim was the lotto ticket I would win. I knew the timeline on it was the exdate. exdate passed and absolutely nothing happened with paim. i originally thought the company was dumping shares, i got caught up in the whole shorting hysteria, looks like i was correct to begin with and they just used the shorting story to dump more while we bought their shares.

people can change their mind, i did...dont get caught with your pants down because thats where you are about to be pretty soon cactus.
 
Posted by moosehead9nc on :
 
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2006%5C03%5C16%5C76677479.html%26clientid%3D168%26provider%3DBUSINESS_WIRE&symbol=PAIM


PAIM -- Pearl Asian Mining Industries Inc.
Com ($0.001)(New)

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

Pearl Asian Acquires an additional 3,000 Square Meters of Land for Gold/Silver Refinery Facility

PASIG CITY, Philippines, Mar 16, 2006 (BUSINESS WIRE) -- The Board of Directors of Pearl Asian Mining (OTC:PAIM) announces today the acquisition of 3,000 square meters of the industrial corner vacant lot along Plaridel & Don Soriano Streets in Mandaue City, Cebu Island. This will provide additional revenue opportunities for the Company.
The second and third quarters of 2006 will mark the period of infrastructure development and construction particularly for the Chemical/Metallurgical Division of Pearl Asian. Anthony Gary Gotanco, a one-time Philippines' Chemical Engineering Board Examination Top Notcher, has joined Pearl Asian as the Director of its Business Development & Chief Chemical/Metallurgical Group. Gary is teamed up with three highly qualified and very intelligent engineers: Elvis Hidalgo serves as the Chief Metallurgist; Rochelle Laylay, the Research & Development (R&D) Chemist and Emylyn Noma, the Chief Quality Assurance & Control (QA/QC) Chemist.

This CHEM/MET Gold Team has been working together in the feasibility of setting up a chemical and metallurgical laboratory, including the Gold/Silver Refinery Plant.

The commercial