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Re: PennyStockPickz post# 77521

Tuesday, 05/26/2015 5:22:58 PM

Tuesday, May 26, 2015 5:22:58 PM

Post# of 79352
WK - don't forget the Iggy Azalea deal! That was going to send PMCM to the moon! Turned out that PMCM didn't bother to do any vetting on the "contract" with Iggy's "manager." Remember him - Hefe Wine? That great deal ended up costing the shareholders $100k in legal fees just to get Iggy to agree that PMCM could throw in the towel and walk away with its tail between its legs.

Yup - MJ a bust; Music a bust; What's next? Solar energy with a company in Canada? Read the LOI on that one - its a laugher. PMCM promises to spin it off as a new subsidiary and then raise $5,200,000 within 120 days? Spin off - wasn't that what PMCM was going to do with the entire entertainment division last Fall?

You can't make this stuff up - it comes right out of PMCM's 10K. Reads like a horror story. Oh...forgot...PMCM "withdrew" that 10K because the auditor wrote to the SEC and said he never signed off on it.

Scratching my head trying to figure out just what PMCM actually has done in the last 18 months - beside borrow money to pay our CEO's salary.

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