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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » PAIM (Great News) (Page 142)

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Author Topic: PAIM (Great News)
SherriT
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quote:
Originally posted by juice:
i see huge push up looks like a monster move taking place, im thinking .01+

Are you seeing that push over time, or quickly? Most recent days it has been moving slow and steady, but today we had a bigger jump (hence the question)...

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Study before you buy, Sell before you think about it....

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Raytrader
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slow and steady wins the race...haha
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Raytrader
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im gonna quit my day job thanks to pinks like this
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juice
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shake em
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megahead34
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Expect EOD run back to .004. JMO
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IamtheWalrus
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do we see this going into the dollars by next year?

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goo goo g'joob

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juice
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quote:
Originally posted by SherriT:
quote:
Originally posted by juice:
i see huge push up looks like a monster move taking place, im thinking .01+

Are you seeing that push over time, or quickly? Most recent days it has been moving slow and steady, but today we had a bigger jump (hence the question)...
over time, steady, few dips maybe and a couple big up days. the chart is rockin. now we are finally seeing a drop to grab some cheap shares.... just my opinion,
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Vinnie
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I see a dip, lets buy boys
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Raytrader
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~~~~I see a shake~~~
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Raytrader
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TASLu 0.003 100 15:14
NITEu 0.003 100 15:14
UBSSu 0.0035 1 15:20
ABLEu 0.0039 100 14:42
HDSNu 0.004 100 14:37
VFINu 0.006 100 10:46
DOMSu 0.21 100 14:09....**whats up with this?***
MAXMu U 15:18

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Raytrader
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0.21 ?????
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megahead34
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What the fudge? .21? That is total PAIVish. I'm still expecting EOD run.
JMO

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Raytrader
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go DOM go....NITE should follow suit....sweet
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BuckyBarnes
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NEWS

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"No nation was ever ruined by trade." Benjamin Franklin

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megahead34
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big dip. Lets go EOD run!!
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Jo4321
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Pearl Asian Mining Closes Regulation D Offering: 100% Completion of the 90% Buy Back, Starts Processing Gold Ores
Business Wire - September 13, 2006 15:42

MANILA, Philippines, Sep 13, 2006 (BUSINESS WIRE) -- Pearl Asian Mining Industries, Inc. (OTC: PAIM) announced today that it has closed its Regulation D, Rule 504 offering over the past two months, and is no longer selling shares of its common stock to the accredited investor. A Form D will soon be filed with the Securities and Exchange Commission disclosing that the company raised just under $1 million dollars during this year 2006. The limit to any such offering is $1 million in the trailing twelve months. The completed offering had provided the company the working capital to see us through the further funding of a non-dilutive offering of a Limited Partnership. The 90% Buy Back is now 100% completed.

The completed offering has assisted Pearl Asian in providing the rapidly increasing needs of working capital in the development of its mine sites' infrastructures, such as access roads towards the Binasan gold mine site, engineer's staff housing, dining mess hall, and health, learning and meditation centers. The funds were used to pay salaries, telecommunications, traveling and other direct and indirect overhead costs. It was used for the acquisition of all the necessary mining equipment, power generator sets, a backhoe, off-road and company vehicles, as well as real estate acquisitions covering the Manila Head Office near the U.S. Embassy, the Corporate and Guest Housing facility, the Metallurgical/Chemical Laboratory and Industrial Facilities.

Randolf Villanueva, President/CEO, commented: "This private offering has helped Pearl Asian to be in a position to expand, to grow and to support all of its other gold-mining projects with even richer gold deposits and other mineral exploration ventures. Pearl Asian starts processing the stockpiles today after 3 days of tedious troubleshooting and debugging with effective quality control led by Chief Metallurgist Elvis Hidalgo. The unique gold processing plant is now operational and our underlying mission of ensuring the environmental protection on the mine site looks as bright as ever. The first gold concentrate will soon be produced, giving PAIM its first gold revenues."

Forward-Looking Statements

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this release include statements regarding the Company's projections regarding gold production in future periods. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: risks relating to estimates of reserves, mineral deposits and production costs; mining and development risks; the risk of commodity price fluctuations; political and regulatory risks; risks of obtaining required operating permits and other risks and uncertainties. Penny Stocks are very highly speculative and may be unsuitable for all but very aggressive investors. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: Pearl Asian Mining Industries Inc.

Pearl Asian Mining Industries Inc., Philippines
Gary Gotanco, 678-570-6538 or 310-728-6907
E-mail: IR*PearlAsianMining.com
www.PearlAsianMining.com
FAX: 877-317-4430

Copyright Business Wire 2006

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"Great Day for Up!"....Dr. Seuss

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BuckyBarnes
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Pearl Asian Mining Closes Regulation D Offering: 100% Completion of the 90% Buy Back, Starts Processing Gold Ores

....You got it out first Jo4321...Good Work [Big Grin] ....I've edited out the text of the PR....

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"No nation was ever ruined by trade." Benjamin Franklin

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megahead34
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Why do people sell on bid? Wierdos.

I think MMs dropped this down to scare people before the big news came in. News will spread around. I predict green day tomorrow going back to .004.
JMO

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imapoorcollegestudent
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Wow.....
What the crap!!!!!!!
70,000,000 share buy at 4:12!!????
Was it a walk down so that who ever this is would be able to buy a little lower????

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learnin as I go.

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SherriT
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Hopefully a nice gap in the morning too....at least the news is official about the buyback.

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Study before you buy, Sell before you think about it....

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Skyman
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Limited partnership in the PR? Say what?
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dollar13
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i love plays like this one [Cool]
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megahead34
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Good morning! Lets see that .004 mark again today.
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SherriT
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Not moving much this morning...I guess we are seeing the "buy on rumor, sell on news"...

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Study before you buy, Sell before you think about it....

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Schwabie
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Today’s Price Performance as of 9:59am EDT, 9/14/2006 Option Chains Margin Requirements Interactive Chart


Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr
$0.0030
Last Price 0.0005 +20.00%
Today’s Change $0.0034
Today’s Open 27,084,922 Above Avg.
Today’s Volume

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All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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megahead34
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Yea, but still solid ground at .003. With the potential PAIM has to start generating massive revenues, i don't see any reason why to avoid this stock.
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Duncan Idaho
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quote:
Originally posted by megahead34:
Yea, but still solid ground at .003. With the potential PAIM has to start generating massive revenues, i don't see any reason why to avoid this stock.

extreme dilution is one reason
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megahead34
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Wow, slow day for almost all stocks.
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SherriT
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quote:
Originally posted by megahead34:
Wow, slow day for almost all stocks.

You must be watching different stocks....my ticker is lit up with green (not my personal positions, but ones that I watch). Hope PAIM will pick up some volume soon though...

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Study before you buy, Sell before you think about it....

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megahead34
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Nice, bid and ask went up.
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NYSE Trader
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chart looks good, like a typical pull back before a peak!

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“Money itself isn't lost or made, it's simply transferred from one perception to another."

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Thomas Mick
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I am trading with Scottrade and found that my symbol PAIM is PAIM# this morning; does anyone else find themselves in the predicament this morning?
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Grail7
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Yea, same predicament, sold a bit at the rally yesterday. Dont' know what's up.

[ September 15, 2006, 10:37: Message edited by: Grail7 ]

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BuckyBarnes
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In my Scottrade a/c this morning, the PAIM symbol is showing up as PAIM# indicating my shares have been placed in a hold status. Upon speaking with the branch manager at the local office, I received explanantion that a new CUSIP number is being assigned pursuant to the completion of the buyback, therefore the corporate action on Scottrade's part is to simply await the change before allowing any online buys or sells. However they would be able to place orders for me as a broker placed trade.

Is anyone else seeing holds placed on their shares in other brokerages this morning??

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"No nation was ever ruined by trade." Benjamin Franklin

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ruthie
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Mine as well Bucky...
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