Allstocks.com's Bulletin Board
Topic Closed  Topic Closed
Post New Topic  New Poll  
Topic Closed  Topic Closed
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » PAIM - almost there

 - UBBFriend: Email this page to someone!    
Author Topic: PAIM - almost there
oldguy
Member


Member Rated:
4
Icon 1 posted      Profile for oldguy     Send New Private Message       Edit/Delete Post 
I have divested myself of all of this stock. They are always just about to find gold, always almost there. They posted a 50% increase in revenue, but 50% of almost nothing isn't much. Why, after years of their geologist's reports that "there is gold in them thar hills", have they not extracted any of it? They have been just about there for way too long. The good news is that we are helping the Phillipine economy. Stay away from this one.

--------------------
It is what it is

Posts: 196 | From: Tampa, FL | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
cottonjim
Member


Icon 1 posted      Profile for cottonjim     Send New Private Message       Edit/Delete Post 
WHEEEEEWWWW, that was close, I had my finger on the buy button. Thanks for the warning, LMAO [Wink]

--------------------
If ignorance is bliss, why aren't more people happy?

Posts: 2647 | From: MN | Registered: Feb 2006  |  IP: Logged | Report this post to a Moderator
oldguy
Member


Member Rated:
4
Icon 1 posted      Profile for oldguy     Send New Private Message       Edit/Delete Post 
hey, cottonjim; glad I was able to help you out. by the way, I sold right before they announced their 95% buy back. I didn't see it coming. I was actually able to make a very nice profit.

--------------------
It is what it is

Posts: 196 | From: Tampa, FL | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
triovestor
Member


Rate Member
Icon 1 posted      Profile for triovestor     Send New Private Message       Edit/Delete Post 
Thats how they make their money now ,

Once a year the do this strange debenture buyback of shares . They force everyone to give up their shares at beyound imaginable low price and sell some of them right back thru the open market after price has greatly increased do to reduction of shares .

And this time their was NO WARNING .. They just did it . I barely had time to put paper in my printer and get over to computer and sell before it happened . I like to print out every trade transaction . [Big Grin]

Posts: 388 | From: redlands | Registered: Jul 2006  |  IP: Logged | Report this post to a Moderator
cottonjim
Member


Icon 1 posted      Profile for cottonjim     Send New Private Message       Edit/Delete Post 
quote:
Originally posted by oldguy:
hey, cottonjim; glad I was able to help you out. by the way, I sold right before they announced their 95% buy back. I didn't see it coming. I was actually able to make a very nice profit.

My sarcasm must not of oozed through your computer screen [Wink] A blind man should be able to see these guy's coming from a mile away now.

--------------------
If ignorance is bliss, why aren't more people happy?

Posts: 2647 | From: MN | Registered: Feb 2006  |  IP: Logged | Report this post to a Moderator
PCola77
Member


Member Rated:
4
Icon 1 posted      Profile for PCola77     Send New Private Message       Edit/Delete Post 
As if anyone needed any more proof of how unbelievably bad you are at this:

100% Completion of the 95% Mandatory Buy Back, Chill Lifted on Deposits, CUSIP Number & Stock Symbol To Remain The Same, Pearl Asian Mining Announces
Business Wire (Tue, Aug 7)
98% Of the Outstanding Shares Have Been Submitted for the 95% Mandatory Buy Back; the Remaining 5% Remains Freely Tradeable without Restrictions Pearl Asian Mining Announces
Business Wire (Fri, Aug 3)
Agreement to Develop and Mine for High-Grade Manganese Ore Signed with Landowners in Southern Philippines, Pearl Asian Mining Industries Announces
Business Wire (Wed, Aug 1)
Authorized Common Shares Reduced To Four Billion; 95% Mandatory Buy Back Almost Complete, Pearl Asian Mining Announces
Business Wire (Fri, Jul 27)
Pearl Asian Mining Industries, in Cooperation with Its Transfer Agent and DTCC, Allows 3-Day Settlement Period from the Effective Date of July 20th 2007, for PAIM's Mandatory 95% Buy-Back
Business Wire (Tue, Jul 24)
Tue, Jul 24, 2007
Pearl Asian Mining Industries, in Cooperation with Its Transfer Agent and DTCC, Allows 3-Day Settlement Period from the Effective Date of July 20th 2007, for PAIM's Mandatory 95% Buy-Back
Business Wire (Tue, Jul 24)
Fri, Jul 20, 2007
Pearl Asian Mining Requests All Shareholders to Surrender All Certificates Pursuant to the 95% Mandatory Buyback Effective July 23, 2007
Business Wire (Fri, Jul 20)
Thu, Jul 19, 2007
Final Clarification on the 95% Mandatory Buy Back of PAIM Common Shares Effective Date July 20, 2007
Business Wire (Thu, Jul 19)
Mon, Jul 16, 2007
Clarifications On Calculations Of The 95% Mandatory Buyback of Its Common Shares; Logical & Legal Reasoning For Corporate Action, Pearl Asian Mining Industries Announces
Business Wire (Mon, Jul 16)
Wed, Jul 11, 2007
95% Mandatory Buy Back of Pearl Asian Mining Industries' Common Shares (PAIM) Will Be Automatic With The Exchange or Record Date Effective July 20, 2007: NO X-Date For Mandatory Buy-Back Exchange
Business Wire (Wed, Jul 11)
Mon, Jul 9, 2007
Simultaneous Re-Opening of XYZ Gold, Aroroy Gold and Gango Gold Projects To Post An Estimated Initial Annual Gross Gold Revenue of $44,259,400.00; Estimated $1.2 Million Annual Gross Manganese Revenue, Pearl Asian Mining Announces
Business Wire (Mon, Jul 9)
Thu, Jul 5, 2007
Mandatory Buy Back of Approximately 8,611,655,441 or 95% of PAIM's Issued and Outstanding Common Shares; Record Date of July 20, 2007; Payable at the Rate of $0.00002 Beginning October 10, 2007, Pearl Asian Mining Announces
Business Wire (Thu, Jul 5)

What is that, 10 or 12 warnings over a full month? By "NO WARNING" did you mean Pearl didn't call you individually on the phone and let you know she was about to bend you over?

quote:
Originally posted by triovestor:
Thats how they make their money now ,

Once a year the do this strange debenture buyback of shares . They force everyone to give up their shares at beyound imaginable low price and sell some of them right back thru the open market after price has greatly increased do to reduction of shares .

And this time their was NO WARNING .. They just did it . I barely had time to put paper in my printer and get over to computer and sell before it happened . I like to print out every trade transaction . [Big Grin]


Posts: 5508 | From: Southeastern PA | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
Stock, Ham, and Mayo Sandwich
Member


Rate Member
Icon 1 posted      Profile for Stock, Ham, and Mayo Sandwich     Send New Private Message       Edit/Delete Post 
quote:
Originally posted by oldguy:
I have divested myself of all of this stock. They are always just about to find gold, always almost there. They posted a 50% increase in revenue, but 50% of almost nothing isn't much. Why, after years of their geologist's reports that "there is gold in them thar hills", have they not extracted any of it? They have been just about there for way too long. The good news is that we are helping the Phillipine economy. Stay away from this one.

Damm dude, have you been living under a rock? This has been a scam since day 1 - even though my certificate for 6 billion preferred shares looks good..........lmao!!!!!!!!!!
Posts: 2554 | Registered: Nov 2005  |  IP: Logged | Report this post to a Moderator
triovestor
Member


Rate Member
Icon 1 posted      Profile for triovestor     Send New Private Message       Edit/Delete Post 
My cert says 45 billion shares .

Why did " Ameritrade " remove them from my account and send me the certificate . Now I can't convert them as paim price zoomed up, again after the recent debenture .

Posts: 388 | From: redlands | Registered: Jul 2006  |  IP: Logged | Report this post to a Moderator
oldguy
Member


Member Rated:
4
Icon 1 posted      Profile for oldguy     Send New Private Message       Edit/Delete Post 
You can trade your preferred shares for common stock and trade it. Triovestor, if you have 45 billion shares, you can trade them for 9 million trdable common shares and cash out for $9,000. I did it a few weeks ago and made some free money. I have actually made quite a bit of money on this dog. In penny land it isn't the product (or lack of one), it is the perception that drives the price up or down.

--------------------
It is what it is

Posts: 196 | From: Tampa, FL | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
oldguy
Member


Member Rated:
4
Icon 1 posted      Profile for oldguy     Send New Private Message       Edit/Delete Post 
I meant you can sell the common shares you get for $9,000 at the current market price, but you'd better hurry before the price goes down, or you can wait until next year when they pull their next stunt and see what happens.

--------------------
It is what it is

Posts: 196 | From: Tampa, FL | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
*Mag*
Member


Icon 1 posted      Profile for *Mag*     Send New Private Message       Edit/Delete Post 
justa heads up not on daily list yet...
http://www.otcbb.com/asp/dividend.asp?sym_id=PAIMP

--------------------
^..^

Posts: 3897 | From: New York | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
Lockman
Member


Member Rated:
4
Icon 1 posted      Profile for Lockman     Send New Private Message       Edit/Delete Post 
.0014 x .0016 Up 77% What's that all about?

--------------------
Let's Go METS!!!

Posts: 3317 | From: CT | Registered: Dec 2006  |  IP: Logged | Report this post to a Moderator
oldguy
Member


Member Rated:
4
Icon 1 posted      Profile for oldguy     Send New Private Message       Edit/Delete Post 
who is stupid enough to buy this now? am I missing something? wht am I missing?

--------------------
It is what it is

Posts: 196 | From: Tampa, FL | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
triovestor
Member


Rate Member
Icon 1 posted      Profile for triovestor     Send New Private Message       Edit/Delete Post 
Paim went down on tuesday to .0007

now today it went to . 0016


I can't convert my certs because Ameritrade said they won't except them back into my acount . Something about they don't trust the tranfers agent .

Posts: 388 | From: redlands | Registered: Jul 2006  |  IP: Logged | Report this post to a Moderator
   

Post New Topic  New Poll  
Topic Closed  Topic Closed
Open Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

1997 - 2019 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share