Hs, let me run something by you and this goes out to Al111 as well because he claims it would be foolish for PNMS to dump 10's of millions if not several hundred million shares at these very low prices.
It has been speculated that this stock has been shorted down. Even the longest of longs strongest argument is that it's expensive but it can be done. Lets say an mm or two has been shorting this down from say .008. Don't say it can't be done because thats all I have been hearing from the longs is it can be done. They will just shuffle the FTD's back and forth. Then PNMS comes out with the land divy thats supposed to scare the bejeebers out of the mm's because they won't be able to cover... or can they? Supposedly they won't be able to cover because PNMS shareholders have been sending in their certs reducing the float and sooner or later the float will be drying up. You would figure they would have attempted to cover at some point yes but that never happened... until now. They made a ton of money shorting this down from .008 and they never had a care in the world doing it. They knew before hand that they would get the shares back at an extremely cheap price. I know the company is now in possesion of an extremely large amout of free shares. Yes thats right FREE SHARES. All they needed to do is make the deal with the devil. "OK boys you short it down to crap and then WE will sell you back the shares chaep. Very cheap." Who has been buying all the cjaep shares. You know anyone thats been buying all these cheap shares flying of the shelf. The only one I can think of thats buying all these shares is probably the same mm thats been holding this stock down and bringing this stock down for months. They also just happen to have an office in very close proximity to PNMS. To me, IMO this looks like exactly whats been happening for months now. They have been shorting it down and now the company is selling them the shares to cover cheap. Might not even be the whole company but an officer or ex officer of the company that made the devil deal. For all we know Pedro might not even be aware of this. If this is the way it possibly might be going down.
Now you would say. The mm made a freakin ton of money. PNMS just sold them a ton of shares cheap and really didn't make a whole lot. They did make something though because the shares they just sold were free shares. So you might ask, Why would the company or person in the company do this. Whats in it for them. Well lets see now. The mm now has extra shares to part with because he was able to make a ton on the way down and he got them dirt cheap at the bottom. The next part of the deal is on the mm with some help from the company. The next part of the deal is for the mm to RUN THE CRAP OUT OF IT. Heck run it up to .10 .20. This is where the perpetrators stand to make 10's of millions if not hundreds of millions of dollars.
Just 500 million shares at an average price of .05 would be 25 million dollars. Pedro and MT have 3.4 billion between them. Average at .05 one hundred and sevety million dollars. Let me say that again. ONE HUNDRED AND SEVENTY MILLION DOLLARS. How easy is it going to be for them to sell their shares when they and the mm are the only ones now holding freakin shares except for maybe a few straglers who held on and didn't cert them out. Thats alot of freakin coin. Even if the did 1/10 of that it's still a lot of coin.
All they need now is the catalyst. Whats going to drive this up to .05 or more. Well they could start with getting funds out the door. That would jump start the ship. They now have a little cash from all the stock they have been selling. Then maybe thay could say that PNMS is cutting ties with the fundacion and will now produce the audited financials. Lets see audited 29 mill for 1q, 45mil for then next and maybe 75 mil for this q that might get the ship rolling again. Who knows what else they could come up with. Heck the mm could probably run it up without any news at all by increasing the B/A quickly.
Is any of this actually happeing? Maybe, maybe not but this is what looks like might have been happening since the big run. I guess we will have to wait and see but IMO the big run isn't going to happen on the exchange it's going to happen right here on our crooked little market perpetrated by the very people who have been calling our market crooked.
This post is my opinion only. Names have been changed or omitted to protect the innocent. This post might be fact or fiction and is intended for your imagination only
Good Luck.
AI
