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Author Topic: PALL up 100%
BT
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Anyone watching this? Whats going on. News??
Volume over 50 million. .0002 practically no risk. RSI is 27.9. Oversold!


[This message has been edited by 1BigTip (edited October 06, 2004).]


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BT
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Real Estate Commissions Reach Record Levels!

October 04, 2004 15:42:00 (ET)


CARSON CITY, Nev., Oct 4, 2004 /PRNewswire-FirstCall via COMTEX/ -- Palomar Enterprises, Inc. (PALL, Trade) has finished the 3rd quarter with the highest real estate/mortgage commissions generated in The Company's history. With the recent expansion of the real estate and mortgage loan division, The Palomar Group d.b.a. is quickly increasing market share in the highly competitive Southern California real estate market.

The Company's revenue is approaching $700,000 for the three quarters ending September 30, 2004 vs. revenue of $1,532 for the same period last year. The Company has moved the real estate division to the recently purchased offices in Carlsbad, Ca. in order to double the personnel and increase revenue and potential earnings.

From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.


http://www.palomarenterprises.com


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BT
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52 Week high is $4.11. Thats right.
Was trading at .50 in June of this year. (4 months ago!) Now at .0002 with great news.

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BT
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Now up 300% to .0004!
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qwame
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I picked up some more this am,
needs to be at .01

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jca_1986
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think its good to get in at .0002

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tic_toc
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Careful..

from May 06
http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=2751037&doc=1&total=&back=2&g=&attach=on


4. Approve amendments to our articles of incorporation to increase the
authorized number of shares of our common stock from 1,000,000,000 to
9,000,000,000 shares; and

5. Grant discretionary authority to our board of directors to effect a
reverse stock split of our common stock within a range of up to one
post-consolidation share for each 250 pre-consolidation shares.

Our board of directors believes that our current capital structure is
inadequate for our present and future needs. Moreover, our directors believe
that the adjustments to our capital structure will create additional benefits to
us, including enabling us to package more attractive securities offerings
through the use of common and preferred classes and providing us with the
opportunity to finance selected commercial transactions without having to
deplete working capital.


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BT
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See its reasons like that why people lose money. I don't own any shares but was thinking about it. Thanks for doing the leg work for me. People need to do their DD before investing in a company.

I'll stay away for now.

Thanks tic.

quote:
Originally posted by tic_toc:
Careful..

from May 06
http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=2751037&doc=1&total=&b ack=2&g=&attach=on


4. Approve amendments to our articles of incorporation to increase the
authorized number of shares of our common stock from 1,000,000,000 to
9,000,000,000 shares; and

5. Grant discretionary authority to our board of directors to effect a
reverse stock split of our common stock within a range of up to one
post-consolidation share for each 250 pre-consolidation shares.

Our board of directors believes that our current capital structure is
inadequate for our present and future needs. Moreover, our directors believe
that the adjustments to our capital structure will create additional benefits to
us, including enabling us to package more attractive securities offerings
through the use of common and preferred classes and providing us with the
opportunity to finance selected commercial transactions without having to
deplete working capital.



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tic_toc
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no probs, I nearly threw some at it myself.
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qwame
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They have already effected a Reverse split in June 2004 of 1 for 150
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qwame
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Correction:

1 for 100 Effective June 04


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tic_toc
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right, thats what I couldnt find.
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tic_toc
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infact can you point me to the info
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qwame
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http://biz.yahoo.com/e/040819/pall.ob10qsb_a.html
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qwame
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RECENT DEVELOPMENTS

Effective June 3, 2004, we increased the number of our authorized shares of common stock to 9,000,000,000 shares by filing a Certificate of Amendment to our Certificate of Incorporation with the Secretary of State of Nevada.

Effective June 21, 2004 we implemented a reverse split of our common stock on the basis of one post-consolidation share for each 100 pre-consolidation shares by filing a Certificate of Amendment to our Certificate of Incorporation with the Secretary of State of Nevada.


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mamboking
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Does that means that the news from May is not going to affect us because the split is already made or you think there is another split coming?
Help please. I'm deep with this one.
Thank You.

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

quote:
Originally posted by qwame:
Correction:

1 for 100 Effective June 04



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qwame
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I do not know
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tic_toc
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Thanks qwame. What about the S8 filed 14 september. Do you see that affecting anything?
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wannabe_trader
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Did anyone try to contact their investor relation department?!?!! here is their contact info:

Contact
Palomar Enterprises, Inc.
1802 North Carson Street
Suite #212-7105
Carson City, NV 89701

Phone:
(775) 887-0670

Fax:
(775) 887-0738

Email: contact@palomarenterprises.com


This one is acting weird lately .. huge new like 350% increae in revenue!! and yet not moving?? Someone please tell me why!??


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