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****PRIVATE PLACEMENT FOR PGHI*****
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[QUOTE]Originally posted by cabbage22: [QB] They give you a certificate which states the amount of shares you own [QUOTE]Originally posted by BetNitAll: [b]From my understanding, they send you paper shares (?) after you send them money. I have an email out to the CEO to explain exactly how I will recieve the shares and how they are to be liquidated. A PPM is a private placement where as you send money directly to the company and they send you the shares. It is a way to raise capital. The good news is that you get the shares for a reduced price....right now its 50% off the last close or .02, whatever is higher when they receive your money. The bad news is that you can't sell it for one year. Its a great oppertunity for those who believe in the company but missed an earlier entry point. Plus, it helps the company raise capital....which is good for all share holders. I own common stock that I can sell any time, so I want to invest in the PPM to raise the stock value overall....just doing my part [This message has been edited by BetNitAll (edited January 08, 2004).][/b][/QUOTE] [/QB][/QUOTE]
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