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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » PAIM (Great News) (Page 89)

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Author Topic: PAIM (Great News)
Lionking
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Hello Friends,

I had 2.5 mil shares, after 90% buyback what I see now on my TD Waterhouse account as following
someone could explain me why and what is this suggest?

PEARL ASIAN MINING-CONTRA 2,250,000 $0.00
Settled Quantity: 2,250,000
Pending Quantity: 0
Symbol: N/A
Average Cost/Unit: $0.00
Loan Value: N/A


PEARL ASIAN MNG INDS-NEW 250,000 $0.00 $250.00
Settled Quantity: 250,000
Pending Quantity: 0

Symbol: PAIM
Average Cost/Unit: N/A
Loan Value: N/A
PEARL ASIAN MNG INDUS PFD 1,500,000 $0.00 $0.00 $0.00
Settled Quantity: 1,500,000
Pending Quantity: 0
Symbol: N/A
Average Cost/Unit: $0.00
Loan Value: N/A

Why I am having contract, new and preffered listing?

When my original purchase was 2.5 Mil why I am showing as 2,250,000 contract, 250,000 as new and 1,500,000 as preferred shares?

I am confused totally!!!!! please explain.

Thank you for your explanation.

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jdg257
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you need to call your broker
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Hitman
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My original 500,000 shares with TD/AMTRD now shows 50,000 shares available to sell/trade now.... However the 450,000 left are showing up is a CD held for me of only 450 shares.... Doesnt make since to me either
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pepsiman
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Read rocktrader's post on previous page half way down. It basicaly boils down to what ever shares you had prior to June 15 they bought back 90% of it and whats left is the 10% common shares you can trade now.
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Ripler
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FINALLY my broker notified me of what happened..

i bought 1 million shares in febuary at .0002 and was supposed to receive 1 billion preffered.

However, in my TD account it only says i own 1 million preffered..

soo my broker told me i ACTUALLY have 1 billion preffered shares...
im confused why it doesnt just say 1 billion..

as safety, is it possible to get a printed certificate of the 1 billion preferred shares???

--------------------
Bargain Hunter

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singledadandhappy
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I got my shares but it still a numbered company and I can't sell or anything wish I could cause I am broke.
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Ripler
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your account shows all of the 1 to 1000 preferred shares u received??

well you wont be broke if this thing still keeps going up.. its kinda hard to believe

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Bargain Hunter

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J_U_ICE
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Interesting PAIM post from their IR, found on RB.


By: skeeedaddy
20 Jul 2006, 09:48 PM EDT


PAIM >>no selling+ short squeeze+ news= PENNY land

Good day, "Investor".

PAIM does not plan to issue more shares now or in the immediate future.
This does not make good business sense, considering that the buyback was
done precisely to reduce the outstanding shares, and enhance shareholder
value. As regards current O/S, post buyback, we cannot give an exact number
until after the buyback is completed, i.e. when DTCC transfers to PAIM all
of the 90 % or approx. 27 Billion shares bought back. PAIM shall issue a PR
once the buyback is completed, and we will let shareholders and the public
know how many O/S are remaining by then.


http://www.pearlasianmining.com/faq.htm

I hope this clarifies.

Thank you for your interest in PAIM.


Best regards,

Gary Gotanco

VP-Bus Dev and IR

--------------------
The difference between genius and stupidity is that genius has its limits

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singledadandhappy
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Thanks Ripler, I really hope you are right something has to give I have been out of work since January and have been cashing everything in all I got left is Paim from your mouth to gods ear...
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J_U_ICE
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PAIM possible Huge short squeeze >>> Chart

http://www.investorshub.com/boards/read_msg.asp?message_id=12155039

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The difference between genius and stupidity is that genius has its limits

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imapoorcollegestudent
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Nearing 2:00 and I must go to bed... but I put in a limit order of .0025 ... is that to low or should I up. The weekend will be good for us all so we can get some sleep. Then Monday will come and we will make momoney. Go PAIM, PAIV, and FHAL (oh and XKEM, I'm sitting on a few shares of that as well hoping for a comeback, I understand friday are pretty good for this one!) Gotta wake up for work at 6:00am to make a few 10's of dollars, hopefull tomarrow wil make a few 100's, 1000's or more! I'm sick of working for money, I want my money to work for me... work for me PAIM

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learnin as I go.

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TOAD ws
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Just put my order in for .0026, Ill be on the road today so I wont get to see what happened until about 3:00, I never thought I would ever be buying into paim, but these pennys are crazy! Hopefully I get filled and we all make alot of money!

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Men lie......Women lie........numbers don't.........

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Hitman
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I put my buy order at .0025 however i just noticed scottrade just upped the ask to .0025 so we wont know what the opening ask will b till just b4 the market opens..... lots of times it goes up a couple of seconds b4 opening ... that really makes for a really tough decision as2 what price to buy at... will have to do the best we can.... so ur guess is as good as mine [Smile]
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ClayN
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My buy in is set for .0025 as well
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juice
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i originally bought at .0007 and sold at .00011, then bought a mill at .0009. anyway you people really seem to think this is going way higher, and from what i see i am slapping myself in the face (like i usually do cause i sell way to early lol), but im thinking of going in for another mill more to flip. are we talking about another 100%+ day today?? .005, any takers?
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kindo
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Juice....
Don't slap yourself for selling. You have to take a profit when you can. Hopefully this will do like PAIV did or something close to it. It has the makings to be the same. Just be careful!
Good Luck to all!

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kindo
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PAIM may run real hard today so everyone hold on to your a#*$^%!
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Hitman
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How is it that trades begin on this penny stock b4 the market opens
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bobcat88
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MM swapping shares back and forth
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bobcat88
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On your marks........Get set..........GO!!!!!!!!

--------------------
"Man who excels at putting worm on hook is Master Baiter"

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bobcat88
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110 mil in less than 2 min.............OMG

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"Man who excels at putting worm on hook is Master Baiter"

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bobcat88
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Where are you all? Sitting on your hands trying not to sell?

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"Man who excels at putting worm on hook is Master Baiter"

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megahead34
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I just convereted half my preferred shares to common. Hopefully ST will do it.
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NEL
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How do you convert your preferred shares to common shares?
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megahead34
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I called ST and told him to do it. I think he understood, lets see what happens.
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megahead34
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Wow, this may recover all my losses this year from GZFX and USXP!!
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SincereX13
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mega let us know how it goes, i'd love to convert my preferred if I could

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trashed and scattered again

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ruthie
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What a great jump this morning!!!
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dollar13
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this looks good i am waiting on a dip to get in...
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ClayN
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come on .005
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bobcat88
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You're gonna have to pay .01 for every share that you converted.

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"Man who excels at putting worm on hook is Master Baiter"

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megahead34
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What do you mean? Coversion is 10,000 to 1, right?
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juice
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o baby o baby
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tonicma
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SQUEEZE
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Raytrader
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where are the bashers now???????
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