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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » PAIM (Great News) (Page 118)

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Author Topic: PAIM (Great News)
Raytrader
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no they dont HAVE to buy at the bid if you want sell cheaper
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Ripler
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so i cant convert my preferred to common today?

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Bargain Hunter
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megahead34
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I've requested ST to do it last week, its not showing up yet. I'm not sure how long the conversion takes?
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JL
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Ripler when did you buy in?
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Ripler
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febuary .. i bought 1 mil common..so now i got 1 bill preferred..the td brokers are confused

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Bargain Hunter
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DEAN_Stock
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is it me and my steamer, or paim didnt get a single trade for the past 15 minutes ?
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timstl
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hmm..

this is showing up in my AT account now:

PEARL ASIAN MINING INDUSTRIES CORPORATE DEBENTURE

0.63

0.00

0.00

0.00

Under 'Bonds' ... real confused. this is what can be converted to common shares, correct?
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megahead34
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Yea, this is so wierd. No action in volume. Whats up with that? Are MMs not accepting buy/sell trades or something?
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JL
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Ripler how long after you bought were your shares converted? If people buy today will shares be converted still? Or is that over now.
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megahead34
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http://finance.yahoo.com/q/bc?s=PAIM.PK&t=1d

haha look at the dip with that .0003 trade.
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DEAN_Stock
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this is ODD...this thing just not only slowed trading but it just STOPS for minutes...and when its moving fine, the bid and ask stay the same....when its not moving the bid is moved to 29....hmmm
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Ripler
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haha yeeeep PAIM has always been "sketchy" like this.. thats what makes it soo fun [Razz]

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Bargain Hunter
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DEAN_Stock
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well they can raise the bid all they want...i want to see that buying pressure we had for the past couple of days that even after kept the bid/ask at the same level.
JUST LET IT RUN GOD DAMN IT
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rimasco
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HERE WE GO???

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"Simplicity is the ultimate sophistication"
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DEAN_Stock
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what do i hear...oh its the RICE COOKER!
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megahead34
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Haha insane. It went up nicely.
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needthecash
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run is setting up to take off!! Lets rock!!

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money for nothing!!
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DEAN_Stock
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come on! we need some ahole to buy at 4 !
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DEAN_Stock
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lol im gona buy 1 share at 4 so our porfolios look better.
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megahead34
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This is outrageous. Its more fun watching PAIM then watching anything on TV.
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J_U_ICE
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looking good

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The difference between genius and stupidity is that genius has its limits
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DEAN_Stock
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no pressure at all...we are gona get back to where we were...sad
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megahead34
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look at the spread. Insane.
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DEAN_Stock
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LETS HAVE A GROUP PLAY. WE ALL SPEND A LITTLE MONEY at 4 to bring it up lol
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DEAN_Stock
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lol, 1000 shares at 0.004, now thats what im talking about
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Raytrader
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the debenture cannot be converted untill paim posts a $value$ to your account according to AT
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megahead34
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haha it worked. It went up.
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megahead34
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Do another group play so it can go up more!
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Raytrader
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quote:
Originally posted by timstl:
hmm..

this is showing up in my AT account now:

PEARL ASIAN MINING INDUSTRIES CORPORATE DEBENTURE

0.63

0.00

0.00

0.00

Under 'Bonds' ... real confused. this is what can be converted to common shares, correct?
once paim post a value it should show that your bond value is $650 and then you can call and request a conversion of 10% of that into common shares at .01 ps
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J_U_ICE
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.004 getting slapped IKE TURNER STYLE

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The difference between genius and stupidity is that genius has its limits
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Raytrader
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IMO the conversion will only be worth doing if PAIM goes <.01
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Ripler
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I talked to my broker...so he says my 1 billion preferred shares are 10,000 to 1 common if i want to convert now.. Im considering it

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Bargain Hunter
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megahead34
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Yes, i converted half of my preferred shares. But ST is still working on it. It's been a week and i see nothing changed in my account.
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Raytrader
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absolutly the preffered share exchange would be worth doing now...but the debenture would not be worth doing at this point
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rimasco
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quote:
Originally posted by J_U_ICE:
.004 getting slapped IKE TURNER STYLE
LMAO!!

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"Simplicity is the ultimate sophistication"
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