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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » PALL is awakening . . . . . . .

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Author Topic: PALL is awakening . . . . . . .
mamboking
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After a long nap....
Up 100% and very high volume.

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qwame
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I hope you are right!
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mamboking
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Yesterday they file Form 4.
Isn't that a good thing??????????

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

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


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

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Upside
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This is another one to be leery of. In my opinion they are going to have a reverse split within a couple of months. They have almost all of their authorized shares issued and they are holding a shareholders meeting later this month to grant the board power to effect a split (forward or reverse) without shareholder approval. When you see that, you know it's coming. It's in their 14A filing from 11/2/04.
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qwame
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can you post a link to this filing?
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qwame
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Could you please post link to the 14A filing?
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Upside
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Sorry it took so long. I was away from the computer for awhile. Here it is:
[URL=http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001011601&owner=include]http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001011601&owner=include[/ URL]

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

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


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

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


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Upside
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Now how in the hell did I do that? I apologize guys, I royally screwed that one up. Hope no one sold because of my mistake. Upside is now slapping himself "Upside" his head.
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Upside
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Here's a link to PALL's filing if anyones interested:
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001082822&owner=include

Sorry again for the earlier screw-up.


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qwame
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It ought to be an interesting week for PALL
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vforce
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premarket trading is showin PALL up by 0.0007. Anyone else seeing this?

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stockguy123
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Another RS

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


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vforce
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quote:
Originally posted by stockguy123:
Another RS

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



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


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

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


thanks, appreciate the link!


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vettemadman
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So whats the bottom line? Will this be worthless tomorrow? How does this work anyway? They have a 1 to 1000 R/S which means their pps goes up initially but also allows them to issue more shares? I am confused.
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Upside
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vettemadman,
If it happens tomorrow, take todays closing price and multiply it by 1000. That's where it will open. Take however many shares you own now and divide by 1000. Thats how many shares you'll own. Typically the stock will tank immediately so if you want to get out, be prepared to do it at the open. On very, very rare occasions a reverse will help a company and the price will rise but that is few and far between. If this follows the normal pattern, it will drop back down to todays levels over the course of the next few weeks, you will own 1/1000 of what you have now and basically be worthless. It really is a kick where it hurts the most but it happens all the time.

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