Williams% is rising, Aroon up has room to continue its slide, ADX... hyeh? and bollies are wide open...plus they screwed up their divvy play, it looks like:
quote: PSPP Holdings Announces Change to Dividend Date
2007-09-28 12:38 ET - News Release
LAS VEGAS, NV -- (MARKET WIRE) -- 09/28/07
PSPP Holdings, Inc. (OTCBB: PSPJ) announced today that is has changed the Record Date for its dividend from September 28, 2007 to October 12, 2007 in order to accommodate NASDAQ Market Operations.
All Shareholders of record on October 12 will receive the dividend, which will now be distributed on November 9, 2007. Further, Shareholders will not have to surrender their certificates nor fill out any form to receive their dividend.
Shareholders who presently hold paper certificates will receive their dividend certificate from the Transfer Agent, via mail and those who deposited their share with their broker(s), or who have purchased shares in the open market, should see their dividend deposited in to their brokerage account electronically.
The dividend, as announced before, will be a 10% dividend, with no fractional shares. Shareholders, for example, who hold 524 shares, will receive 52 dividend shares while Shareholders who own 525 shares will receive 53 dividend shares.
The Company would also like inform its Shareholders that it has identified and provided to the clearing houses and brokerage firms a list of individuals and their assigns that are considered Affiliates of the Company in order to ensure that these individuals' shares are properly legended and do not further flood the market.
About PSPP Holdings, Inc.
PSPP Holdings, Inc., headquartered in Las Vegas, Nevada, is a financial services company that is establishing an international banking network to facilitate electronic remittance, Mobile Banking, e-benefits, and stored value and pre-paid card solutions.
Safe Harbor Statement:(blah, blah, etc. . . .)
...and the divvy is *still* not one the dailylist...
lottsa questions, but worth watching cuz of the volume increase...
posted
My opinion, at the moment the divvy is unimortant. The management change is what will push this up. Kyle Gotshalk built it up to .60+ and Larry Wilcox screwed it down to .04. Anyway it looks like it has a lot of room to move up here. True, it's speculation, but that's why we are here. GLTY
Posts: 65 | From: Oregon coast | Registered: Jan 2004
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posted
my point about the divvy is that mgmt screwed it up--not a sign of savvy, imo... So if that was former mgmt, then apparently shedding the Wilcox character *is* a good thang...
posted
LOS ANGELES, CA--(MARKET WIRE)--Oct 9, 2007 -- PSPP Holdings, Inc. (OTC BB:PSPJ.OB - News); warned shareholders today of a campaign of disinformation which is apparently being conducted by the previous management and/or the previous investor relations contractors for the company. ADVERTISEMENT
It was discovered that hackers had closed off access of PSPP Holdings' CEO Kyle Gotshalk to his company email inbox. It was further learned that any shareholder inquiries directed to Mr. Gotshalk were being answered with a copy of a counterfeit press release which attacked current PSPP Holdings' management with false and erroneous statements.
The company believes that false information was distributed. PSPP Holdings stated that shareholders are to disregard any information distributed and wishes to assure all concerned parties that it is working diligently with company counsel, the Securities and Exchange Commission, and Federal Law Enforcement officials to put an end to the current campaign against the company and its shareholders.
PSPP also stated it wished to clarify its relationships with one Leonard Gotshalk, Piedmont Properties, and Kyle Gotshalk through the following statements.
1. Leonard Gotshalk is not now nor has he ever been an officer of PSPP Holdings, Inc. Mr. Gotshalk is an officer of Piedmont Properties which has invested in PSPP Holdings and in its subsidiary eSafe.
2. Piedmont Properties is owed substantial sums of money by eSafe which is disclosed in the financial filings of PSPP Holdings.
3. Kyle Gotshalk, the CEO of PSPP Holdings, Inc. reassumed the helm at PSPP in an effort to repair the recent damage to the company's stock price and to attempt to insure that all of the company's shareholders are protected as the company moves from the developmental stage to a revenue producing model. Previous management, led by Mr. Larry Wilcox, had presided over a plunge in the company's stock price from approximately 65 cents per share to fewer than 5 cents per share in a very short period of time. Current CEO Kyle Gotshalk feels this was totally unacceptable.
4. Kyle Gotshalk has never received any monies from the company, even though he was promised by the previous management he would receive the three years of back wages he was due when he resigned in August. Mr. Gotshalk reassumed his position as President of PSPP on October 4th.
PSPP Holdings' President Kyle Gotshalk stated, "Larry Wilcox burned through more than fourteen million dollars at UCHUB while producing little to no revenue. It seems he felt he could bring the same game here because over one million dollars was invested into PSPP's eSafe over the past one year and Mr. Wilcox has produced no financial records to prove where the money has been spent. In the company's 15c-211, Wilcox had promised that eSafe would be generating substantial revenues within ninety days. The result was a mere five thousand dollars in revenues. This was wholly inadequate and the new management team and Board of Directors felt it was essential that a change at the top had to be made."
Gotshalk continued, "False accusations have been made against me and my family. We built this company from a shell over a three year period. and we feel those accusations are being used as a diversionary tactic to hide the fact that Wilcox, Ostrower and UCHUB have failed to prove ownership of the nearly twenty three million restricted shares of PSPP which should still be in their possession. David Ostrower has been at the forefront of the campaign against me and if anyone would like to know the value of this man's word all that need be done is to check the federal court records in the man's current bankruptcy proceedings where it will be found that he claims he has no job."
Concerning the rumors circulating that Kyle Gotshalk has been subjected to physical threats from Wilcox and Ostrower, Gotshalk said, "It is true that physical harm threats have been made against me and my family. We have the letters of proof and will disclose all of this in its specific nature to the public when the time is right. At the moment, the issue is being addressed by the proper law enforcement officials. Please remember that these people will tell you anything to get what they want, when they want it. They made a very big mistake in assuming I would walk away while they destroyed this company, however. We are here to make sure this works out the way it was intended. Neither threats, nor campaigns of disinformation will serve to deter us from this task."
Posts: 65 | From: Oregon coast | Registered: Jan 2004
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