PMIR

PMI Group Inc.

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PMIR

PMI Group Inc.

USOTC

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08/17/23 7:22 PM

Post #6,786

Re: #6,783: @freddie me - $PMIR s/b trading $20 if not "Expert Market"

$20 ? Why ?

https://d1io3yog0oux5.cloudfront.net/_f89c1f3392116299cea9aa7fddbd384c/pmigrp/db/224/393/pdf/staples_scan.pdf

Enterprising Investor PremiumMember

07/07/23 12:07 PM

Post #6,785

Re: #6,781: @Enterprising Investor - Sadly, most of us cannot buy, or in

Acquired a meaningless stake on 12/12/15 at $3.08 per share.

freddie me Free

07/05/23 8:28 PM

Post #6,784

$825million NOL (p18) 2,074,441 shares - financials: https://d1io3yog0oux5.cloudfront.net/_70d6eb29082d14d5c271e79d3d83f75e/pmigrp/db/224/391/pdf/staples_scan.pdf

freddie me Free

06/29/23 7:14 AM

Post #6,783

$PMIR s/b trading $20 if not "Expert Market" security
Full service brokers, no online discount brokers

Enterprising Investor PremiumMember

06/21/23 1:22 PM

Post #6,782

Re: #6,780: @freddie me - Buy and hold

Sadly, most of us cannot.

Enterprising Investor PremiumMember

06/21/23 1:22 PM

Post #6,781

Re: #6,780: @freddie me - Buy and hold

Sadly, most of us cannot buy, or in my case, add.

freddie me Free

06/21/23 7:54 AM

Post #6,780

Buy and hold

freddie me Free

06/21/23 7:45 AM

Post #6,779

Director Kurt Lageschulte is legit genius IYKYK

Mr. Lageschulte also serves as a Portfolio Manager specializing in Distressed and Special Situation Assets at Broadbill Investment Partners

freddie me Free

06/21/23 7:37 AM

Post #6,778

Controlled Lancer/ Avram Glazer, see Manchester United, Tampa Bucs etc
https://en.wikipedia.org/wiki/Avram_Glazer

freddie me Free

06/21/23 7:15 AM

Post #6,777

$825 million NOL, (p. 18) 2,074,441 shares https://d1io3yog0oux5.cloudfront.net/_70d6eb29082d14d5c271e79d3d83f75e/pmigrp/db/224/391/pdf/staples_scan.pdf

Quarterly financials kind of useless

06/17/23 1:55 PM

Post #6,776

Re: #6,775: @Enterprising Investor - 3Q 2022 Consolidated Financial Statements with Shareholder Letter (1/02/23)

March 31, 2023 Unaudited Consolidated Financial Statements

why not submit this to OTCMarkets?
Do you no longer want to be listed on the stock exchange?

https://d1io3yog0oux5.cloudfront.net/_70d6eb29082d14d5c271e79d3d83f75e/pmigrp/db/224/392/pdf/PMI+March+31%2C2023+Unaudited+Consolidated+Financial+Statements.pdf

Enterprising Investor PremiumMember

01/04/23 11:39 AM

Post #6,775

Re: #6,774: @Enterprising Investor - Blackstone intends to sell position.

3Q 2022 Consolidated Financial Statements with Shareholder Letter (1/02/23)

https://d1io3yog0oux5.cloudfront.net/_cf6dc2eb6cc134ae9efb06f4e506d7b5/pmigrp/db/224/390/pdf/staples_scan.pdf

Enterprising Investor PremiumMember

08/20/21 8:38 AM

Post #6,774

Re: #6,762: @Enterprising Investor - The PMI Group Announces Strategic Investment by Blackstone (9/02/15)

Blackstone intends to sell position.

Earlier in 2021, Naveen Bhatia, the Blackstone appointed Board member, resigned form Blackstone to pursue his own interests. On 7/29/21, Bhatia resigned from the board of the PMI Group.

Source: Shareholder Letter (8/13/21)

Enterprising Investor PremiumMember

08/20/21 8:33 AM

Post #6,773

Re: #6,771: @Enterprising Investor - 2019 Consolidated Financial Statements

2020 Consolidated Financial Statements

https://d1io3yog0oux5.cloudfront.net/_0637adbf1fdebd03e964464e7895dc3a/pmigrp/db/224/383/pdf/The+PMI+Group%2C+Inc.+12-31-20+Financial+Statements+-+Final.pdf

Enterprising Investor PremiumMember

01/15/21 10:49 AM

Post #6,771

2019 Consolidated Financial Statements

https://d1io3yog0oux5.cloudfront.net/_8b0698e8ec0f34d83cba5f698ee69e5f/pmigrp/db/224/382/pdf/The+PMI+Group+Inc.+12-31-19+Consolidated+Finanical+Statements+-+Final.pdf

Most recent information at 1/15/21.

freddie me Free

05/08/17 8:18 AM

Post #6,770

PMIR assets worth less than 1/2 what they were worth before Trump took office

Enterprising Investor PremiumMember

05/07/17 1:10 PM

Post #6,769

Re: #6,768: @Brooklyn75 - Anything new with thiscompany, is it still in business?

Nothing new.

Brooklyn75 Free

05/05/17 4:01 PM

Post #6,768

Anything new with thiscompany, is it still in business?

Enterprising Investor PremiumMember

08/17/16 4:28 PM

Post #6,767

PMIR hits new 52-week low (8/17/16)

PMI GROUP LTD (PMIR)
Last Trade [tick] 1.7500[+]
Volume 40,464
Net Change -0.2500
Net Change % -12.5%
52 Week High 5.2500 on 11/23/2015
52 Week Low 1.7000 on 08/17/2016
Day High 1.7500
Day Low 1.7000

Enterprising Investor PremiumMember

11/07/15 11:44 AM

Post #6,766

PMIR has reorganized.

The mortgage insurance company was placed into receivership in 2012 by the Arizona Department of Insurance and never went out of business. Technically, the business is a non-controlled subsidiary. Eventually, the policies will run off due to insured properties being paid off or sold. At some point, PMIR would regain control once capital levels meet or exceed regulatory guidelines.

Brooklyn75 Free

10/14/15 11:15 PM

Post #6,765

Re: #6,764: @Enterprising Investor - Old shares are toast.

So they back in business now? I lost so much money back in 2013 here.

Enterprising Investor PremiumMember

09/28/15 8:07 AM

Post #6,764

Re: #6,763: @Makemoneymonay - Crazy to see this stock back....I held the

Old shares are toast.

Makemoneymonay Free

09/27/15 4:45 PM

Post #6,763

Crazy to see this stock back....I held the old ones through the end and watched them turn into CUSIPS then disappear from my account. There was a +1000% run on heavy volume at one point. There must be hidden value somewhere in that corporate structure...

Enterprising Investor PremiumMember

09/26/15 10:02 AM

Post #6,762

Re: #6,761: @Enterprising Investor - New Common Stock was issued to certain holders

The PMI Group Announces Strategic Investment by Blackstone (9/02/15)

Blackstone Acquires a Significant Equity Stake in PMI and Concurrently Agrees to Provide a Working Capital Facility to the Company in Exchange for Warrants and Certain Other Rights

NEW YORK--(BUSINESS WIRE)--The PMI Group (OTC: PMIR) (“PMI” or the “Company”) today announced that funds affiliated with Blackstone Tactical Opportunities (“Blackstone”) have made a strategic investment in the Company.

In connection with the purchase of a significant equity stake in PMI, Blackstone has agreed to provide the Company with a loan for working capital needs in exchange for warrants and certain other rights. The Company intends to use the funds to pursue its investment strategy, which may include raising additional capital. Among other rights, Blackstone will have the right to participate in future equity offerings by the Company and is expected to nominate a director to the Board.

Timothy Graham, President and Chairman of the Board of Directors of the Company, stated, “We are delighted to announce Blackstone’s strategic investment in PMI. The Board of PMI believes Blackstone is an ideal partner for the Company as PMI pursues an investment strategy that will create significant shareholder value for all PMI shareholders.”

“Blackstone is pleased to announce its investment in PMI,” said Naveen Bhatia of Blackstone Tactical Opportunities. “Blackstone is well positioned to help the company achieve its strategic objectives and maximize value for all shareholders. We look forward to partnering with the PMI team.”

Peter J. Solomon Company is acting as financial advisor to the Company in connection with the transactions contemplated herein. Skadden, Arps, Slate, Meagher & Flom LLP is counsel to the Company. Blackstone Advisory Partners L.P. is acting as financial advisor and Weil, Gotshal & Manges LLP is counsel to Blackstone.

About The PMI Group

PMI is a Delaware corporation founded in 1972. PMI is the holding company of a residential mortgage insurance provider operating through its primary subsidiary, PMI Mortgage Insurance Co. (“MIC”), which is domiciled in Arizona. MIC was placed into receivership in 2012 by the Arizona Department of Insurance and currently continues its operations thereunder.

About Blackstone

Blackstone’s Tactical Opportunities business employs an opportunistic investment strategy across asset classes, industries and geographies. The strategy seeks to capitalize on time-sensitive or non-traditional investment opportunities that are differentiated and difficult to source, analyze or execute.

Blackstone is one of the world’s leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our asset management businesses, with over $330 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, non-investment grade credit, real assets and secondary funds, all on a global basis. Blackstone also provides various financial advisory services, including financial and strategic advisory, restructuring and reorganization advisory and fund placement services. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.

http://www.businesswire.com/news/home/20150902006427/en/PMI-Group-Announces-Strategic-Investment-Blackstone#.VgaZaDZdGUk

No terms were announced.

Enterprising Investor PremiumMember

09/26/15 10:00 AM

Post #6,761

New Common Stock was issued to certain holders of allowed claims under the Plan.

Shares trade infrequently on the Grey Market.

Makemoneymonay Free

10/12/13 6:34 PM

Post #6,760

Re: #6,759: @mirek101 - Spoke with my broker and he advised; if

Probably referring to this:

http://gmi.rbcits.com/rt/gss.nsf/Class+Action+Page+Mini/4490C6267255A704852577A5006AF76C?opendocument

mirek101

10/11/13 5:54 PM

Post #6,759

Spoke with my broker and he advised; if you owned/acquired PMI Group shares between 2006-2008 you get something... Shares acquired after 2008 - you get NOTHIN... frown

hotrod34racer Free

10/11/13 1:52 PM

Post #6,758

Re: #6,757: @Brooklyn75 - I Held it for 2and half years and

Oh don't get me wrong guys, I think we are done! This isn't my first trade big smile

Just stating that I show the value of .0491 in my account with ETrade and continue receiving court docks listing me as a claimant, that's all! Lol...

Cheers Guys \_/ and don't get all worked up people it's happy Friday!

Brooklyn75 Free

10/11/13 11:58 AM

Post #6,757

Re: #6,755: @hotrod34racer - I how long have you held it? Do

I Held it for 2and half years and I do g.et mail ,but i think we are done

Coupe00

10/11/13 11:05 AM

Post #6,756

Re: #6,755: @hotrod34racer - I how long have you held it? Do

Hotrod,

What are you talking about? There is no lawsuit. I have owned for (3) years.

The stock is zero.

Write it off and move along.

hotrod34racer Free

10/11/13 10:58 AM

Post #6,755

Re: #6,754: @Brooklyn75 - Mine has been 0 2 days later.

I how long have you held it? Do you get court docs about your claim in the mail?

I am a claimant in the lawsuit! big smile

Cheers Buds \_/

Brooklyn75 Free

10/11/13 9:54 AM

Post #6,754

Re: #6,753: @hotrod34racer - Still have not 0-OUT, strange?

Mine has been 0 2 days later.

hotrod34racer Free

10/10/13 10:14 PM

Post #6,753

Still have not 0-OUT, strange?

Cheers Traders \_/

hotrod34racer Free

10/07/13 9:55 PM

Post #6,752

Re: #6,751: @TSJI - "Distributions of cash and stock in the reorganized

Mine still showing value as well, who knows? the last one went zero value in like 24 hours.

Cheers Buds \_/

TSJI

10/07/13 7:29 PM

Post #6,751

Re: #6,749: @jhnvtjll - Shares are cancelled. It's over. Time

"Distributions of cash and stock in the reorganized company will be made to those that had valid and allowed claims..."

I'm sure you're probably right but i've had shares "cancelled" before because the company was bought out and my shares were reissued. I'm probably whistling past the graveyard but like I (and others) have said my accounts still shows value.

UNDAUNTED

10/07/13 7:04 PM

Post #6,750

Re: #6,749: @jhnvtjll - Shares are cancelled. It's over. Time

As far as I know that is true but I own shares in both a TDA & Fidelity account and they both still show them with value.

Interestingly, my TD Ameritrade Acct TODAY showed PPMIQ dropping $.03 to $0 and it removed that amount, SIMULTANEOUSLY it put back an amount under 69344M101 at the price of $.049. So my account value actually increased today???

I'm not expecting anything, but who knows?

jhnvtjll

10/07/13 5:02 PM

Post #6,749

Re: #6,748: @TSJI - opened up my TD account this morning and

Shares are cancelled. It's over. Time to take a tax loss.

http://www.otcbb.com/asp/dailylist_search.asp?SearchSymbolForm=TRUE&OTCBB=ALL&searchby=symbol&searchfor=PPMIQ&searchwith=Starting

TSJI

10/07/13 3:55 PM

Post #6,748

Re: #6,747: @jeremywhat - 69344M101 ??? Does everyone else have this in

opened up my TD account this morning and PPMIQ has a last price listed at 0.0491?!? Called and looked online and couldn't get any information. Is it trading again under a different symbol?

jeremywhat Free

10/07/13 3:19 PM

Post #6,747

69344M101 ??? Does everyone else have this in their trade account?

hotrod34racer Free

10/04/13 9:27 AM

Post #6,746

Re: #6,745: @TruckingAngler - Nothing more will heard...

Agreed!

It was fun while it lasted, it is penny land after all! big smile

Cheers Buds \_/

TruckingAngler Free

10/04/13 7:11 AM

Post #6,745

Re: #6,744: @hotrod34racer - I still have all my court docs as

Nothing more will heard...
PRs & articles will be removed...
Glad I only held 10,000 of my 1/2m left...

The ship got turned the wrong way...
We did see it coming 6mo ago...

hotrod34racer Free

10/03/13 7:01 PM

Post #6,744

Re: #6,740: @moviemandango - According to the paper work, which I have

I still have all my court docs as well, we shall see what we shall see but I wouldn't hold your breath!

Cheers Buds \_/

UNDAUNTED

10/03/13 3:33 PM

Post #6,743

Re: #6,742: @Makemoneymonay - I've read many of the documents pretty thoroughly,

The details are not under wraps. All the documents are public and can be downloaded and read free of charge. Nothing is hidden.

http://www.kccllc.net/PMI

Makemoneymonay Free

10/03/13 2:03 PM

Post #6,742

Re: #6,740: @moviemandango - According to the paper work, which I have

I've read many of the documents pretty thoroughly, and what your saying seems similar to what I've been wondering.

Even though I'm discouraged by the stock being taken off the OTC without much explanation, I'm still hopeful that our shares are worth something. There was nothing in the bankruptcy reemergence release pertaining to the shareholders either.

I get the sense that it's in everyone's(creditors, equity, regulators, policyholders) best interest to keep the details under wraps until all the claims are cleared up.

High Roller Free

10/03/13 1:43 PM

Post #6,741

Re: #6,718: @Bluelightspecial - I am back in! Just purchased 150,000 shares

Lol! Welcome to penny stock land! :)

moviemandango Free

10/03/13 12:42 PM

Post #6,740

According to the paper work, which I have kept up on throughout the entire train wreck (at least for common holders) that this has been, distributions of cash and cash and stock will be issued for the reorganized company for those who had made "valid claims." Some things may be coming our way, assuming the common stock I held since 2011 qualifies as a valid claim, regardless if proof of such claim was ever made.

There is going to be a class action if the aforementioned is not executed. In such a case, it may be likely, if we assume that this case will be somewhat representative of other BK cases, that common holders will receive some settlement, which could exceed what the stock was trading at prior to the seize and or the BK.

Any thoughts on this, for anyone else who has kept up with the litany of legal documents?

Brooklyn75 Free

10/02/13 1:21 PM

Post #6,739

Re: #6,738: @UNDAUNTED - my fidelity & my tda account are showing

THX.

UNDAUNTED

10/02/13 1:02 PM

Post #6,738

Re: #6,737: @Brooklyn75 - I have a question.Since ppmiq is not trading

my fidelity & my tda account are showing the same thing but I talked to fidelity this morning, I was told on Friday when the last trades settle to expect it to go to zero.

Brooklyn75 Free

10/02/13 12:34 PM

Post #6,737

I have a question.Since ppmiq is not trading and its dead symbol now ,why in my scottrade account is showing i have money left under ppmiq symbol worth per share same as it stopped trading yesterday? Can someone explain that.

UNDAUNTED

10/02/13 6:53 AM

Post #6,736

Re: #6,734: @Smiley0709 - I guess it's time to write this stock

The 1099 you receive at the end of the year will reflect this loss with all your other gains & losses for each stock. Your losses will offset any gains you have up to the amount of your loss.

If your losses exceed your gains, you can write them off up to the amount of your gains + $3,000 more.

You should know that already, unless your are new to investing. If you are, you should run from all penny & sub-penny stocks until you get a few years investing under your belt. Just my opinion. I say that with the best of intention for you as an investor.