Angel Acquistion (AGEL)

[sosodef809]

Is tommorow the x-date? I have been pretty busy and haven't had time to look for it. Thanks!:)

[woody55]

I think the last time I got a divvie, they're not too common on otc's/pinks, my Scottrade account showed an asterisk next to my shares to indicate that any shares bought did not include the dividend, or maybe it was when you went to buy more shares, guess I'll find out tommorrow.

[diamonddavedc]

I doubt it - I have never seen that on the actual company that is paying the dividend but rather on the dividend itself. You can know though that it is the X date.

[woody55]

So tommorrow it should be trading with an "x" right, well I think scottrade uses an asterisk.

[diamonddavedc]

Here comes the EOD run!!!!!!!!!!!!!!!!

[woody55]

I sold half at .03 for almost a two bagger, on freebies now. Not sure what I'm gonna do with them tommorrow. Probably dump them, since I think the price will drop after x date, I can pick them up cheaper later.

[Bull Trader]

incredible move here. Congrats to anyone long. Company seems to be doing the right things.

[diamonddavedc]

Nice day so far

[flsunchaser]

That's very helpful. Thank you. In my case, since I found Palomar late into this run up, I think the best move I could make now, would be to wait until it finds a new support level, after this current run up. Then I'll be in a position to ride up on the next Palomar rally. Based on the recent history of Palomar's chart, I should see a double or triple of my investment, doing it that way. IMHO.

Have a good weekend.

FlSun

[woody55]

I've been in a couple divvie plays on the pinks/OTC. The important thing to pay attention to are the record date and the "X" date. Basically in this case, the record date is March 5th. Which means that at market CLOSE, if you own shares, you will get the divvie. Tuesday, is "X" date, which means that any shares bought, are bought without the divvie attached......in other words, If you sell "ALL" of your shares on Tuesday, your account will show the cash and "NO" shares, but on the "PAYDATE", your divvie shares will show up in your account. There is actually a "HUGE" advantage in knowing this, because on divvie paying stocks, there is a run-up leading to record date, but investors are reluctant to sell their shares, until the divvie shows up in their account, knowledgable investors will buy into the divvie and then dump on "X" date, getting a good return "PLUS" the divvie. Hope that helps.

[woody55]

Haven't decided yet. Maybe sell all, or maybe half and keep half for the dividend. Regardless, I'll at least get my capital back on the run-up.

[flsunchaser]

I don't think selling into a rally to capture gains in a stock's value, that a lot of times are not permanent is a bad thing. Once the price retraces, you don't get another chance to go back and take those gains again.
If you don't sell some time, you have no profit.

Palomar interests me because it appears that it's cycling between a support level of 0.007-8 and resistance level of 0.014-.016 several times recently. It keeps doubling at least from resistance to support. The new support level after the record date probably will be higher.

Since I'm unfamiliar with penny stocks paying dividends of any kind. Why would the stock have a pop on the record date? They've announced what they're going to do already.

At this time, isn't it already factored in by the market?

FlSun

[marianothis]

woody,
if you expect a nickel on record date why would you care about the selloff? you are not really gonna be still around, are you?
regards, buddy

[woody55]

Have 31K shares @.009. Been waiting patiently. I think it'll hit close to a nickel on the record date. Wondering what kind of sell off we'll see after x date.

[d3vnu11]

Indeed, it broke =)

[d3vnu11]

PLMA chart, looking like it is ready to break.

[d3vnu11]

3 more days to buy before ex-dividend date.

[Pennybuster]

thanks :)

[d3vnu11]

PLMA shareholders will get 1 BHWF share for every 4-5 PLMA shares owned.

10,000,000 BHWF share pro-rata split between 40-50 million PLMA shares

[Pennybuster]

what is the spinoff ratio?

[d3vnu11]

Nice day today, wait till the volume rolls in...

[d3vnu11]

As mentioned in our last shareholder update, we have no intention of doing a reverse split or anything else that would decrease the value of our stock. The only stock that will be issued will be used for growth of the Company.

[d3vnu11]

From the Feb. 26 PR

Business Development

We have pretty well covered this but essentially we are going to develop our businesses in the following fashion:

- Growth of Palomar Enterprises will be through revenues generated by our

growing real estate business as well as our ownership of Subsidiary

Companies which will be developed and spun off. A dividend of shares

will be paid to our shareholders in each one of these Subsidiary

Companies that are established.

- Growth of our publicly traded Subsidiary Companies will be generated

through acquisitions, incubation then ownership of the spun-off

companies. And, again, shareholders of the Subsidiary Companies will

receive a dividend of shares of each company spun off.

- Shareholder value will be established by ownership of Palomar which in

turn, will lead to ownership in the publicly traded Subsidiary

Companies.

No Reverse Splits

[diamonddavedc]

CEO of Palomar Enterprises Announces Second Update to Shareholders
9:25a ET February 26, 2007 (PR NewsWire)
Palomar Enterprises, Inc. (OTC Bulletin Board: PLMA), today has provided an update to the business of Palomar and the completion of Company restructuring.

Today, we would like to update shareholders on the status and growth of all of our businesses not only in Palomar, but all of our associated businesses as well. This includes our wholly owned subsidiary, The BlackHawk Fund (OTC Bulletin Board: BHWF). We feel that this is an exciting time for Palomar and BlackHawk Fund shareholders. Growth is accelerating, we are doing more and more to maximize shareholder value as time goes on. We have many exciting developments that we will announce over the coming weeks and months. We will cover stock dividends, our real estate business and how we are going to pull all of this together and have Companies that our shareholders can be proud of. Each area of our initiatives are outlined as follows:

Stock Dividends

Our wholly owned subsidiary, The BlackHawk Fund (OTC Bulletin Board: BHWF) will likely do in excess of $10 million dollars in revenue this year alone. This was detailed in the 8 February 2007 press release for The BlackHawk Fund. This is a solid but conservative estimate. We have announced the terms of the dividend earlier this week, which is set for March 8th, as the Date of record. It is important to realize that we plan on paying a quarterly dividend to the shareholders of Palomar Enterprises. This dividend will be in the form of free-trading stock of The BlackHawk Fund.

The BlackHawk Fund (http://www.blackhawkfund.com) operates as a Business Development Company, by incubating, developing, and acquiring Portfolio Companies that are synergistic with The Company's business model. The BlackHawk Fund takes a lead role in the financing, development, and management of these Portfolio Companies in return for a majority equity interest in each company. Once the Portfolio Company has succeeded in its business plan, The BlackHawk Fund will assist in the process of taking the Portfolio Company public. The BlackHawk Fund has acquired ten Cable Television Shows and Media Properties from Maximum Impact Television Group, www.maximpacttv.com , which generate revenue from advertising sponsors seeking to reach a target audience.

In the past, many companies have pursued this same strategy (or announcing that they were), we are one of the very few that actually have the resources to produce the results we are expecting and communicating to our shareholders. Our dividend distributions are not in Pink Sheet companies, but rather OTCBB companies and are obviously fully reporting and transparent companies.

Naked Shorting

Our shareholders deserve to own stock that is free from manipulation by entities that use the stock for their own gain. We have obtained our NOBO, (Non Objecting Beneficial Owner) and are in the process of an exhaustive process to account for every share issued of Palomar Stock. We believe that once the numbers are compared, it will show a significant short position in the stock.

Once this process is complete, we will take action against those responsible. We have a sound strategy in place that we believe will be a solution to the problem.

Real Estate

The main core of Palomar Enterprises' business is real estate. We currently have over $2,000,000 in real estate holdings that will be sold over the next few months that will generate nearly a half of a million dollars in profits. The biggest part of our business that we foresee generating significant revenue and profits is the ever-increasing foreclosure market in the Midwestern US. We expect the foreclosure market growth to continue for the next 3-5 years. We have worked very hard to get ourselves positioned with HUD agents and bank owned properties, to take advantage of this increasing foreclosure market. Our last two quarters have reflected the success of this part of our business. We have bought and sold foreclosed residential properties in the Midwestern US and have increased our profit margins during the last 6 months. Essentially the way the business works is: We purchased properties at 20% to 40% below market values. Following completion of minor cosmetic improvements, the properties are immediately placed on the market for sale. The Company now has a backlog of qualified buyers seeking to purchase the inventory of properties acquired by Palomar for resale. Palomar has purchased several more properties over the last 2 months. These properties are being upgraded and will be sold over the next 2 to 3 months. We will continue to cycle these properties as well as increase the number of properties we are looking at purchasing over the next several months. We are also going to expand our foreclosure business into Southern California where the opportunities for larger profits are much greater. We also have other properties that will be utilized for development of a wide range of housing options in the Southern California area. And, in the near future, we expect to announce new relationships that will take our foreclosure business division to a level significantly higher than we are currently operating at.

Financial Results

Palomar Enterprises, Inc. has reported gains in revenue of 67% in the third quarter 2006, compared to the same period 2005. Our revenue increase was a result of successful implementation of our real estate plan outlined above. More specifically, our revenues of $612,177 for the first three quarters of 2006 were significantly higher (42%) than the same period a year ago. As far as the bottom line is concerned, our gross profit for the nine months ending 9-30-2006, compared to the same period last year increased to $222,253. Up from $109,980 for that same period of a year ago. So clearly, we are headed in the right direction. We expect to continue this growth through the fourth quarter of this year and for at least the next few quarters.

Business Development

We have pretty well covered this but essentially we are going to develop our businesses in the following fashion:

- Growth of Palomar Enterprises will be through revenues generated by our

growing real estate business as well as our ownership of Subsidiary

Companies which will be developed and spun off. A dividend of shares

will be paid to our shareholders in each one of these Subsidiary

Companies that are established.

- Growth of our publicly traded Subsidiary Companies will be generated

through acquisitions, incubation then ownership of the spun-off

companies. And, again, shareholders of the Subsidiary Companies will

receive a dividend of shares of each company spun off.

- Shareholder value will be established by ownership of Palomar which in

turn, will lead to ownership in the publicly traded Subsidiary

Companies.

No Reverse Splits

As mentioned in our last shareholder update, we have no intention of doing a reverse split or anything else that would decrease the value of our stock. The only stock that will be issued will be used for growth of the Company.

From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.

Contact: Investor Relations

800-585-6988 [e-mail]

SOURCE Palomar Enterprises, Inc.

Investor Relations, Palomar Enterprises, Inc., [phone], [e-mail]
http://www.prnewswire.com

[diamonddavedc]

I agree...should see some upward movement as the month closes and the leftover shorts are covered. Then a nice little run should come as we approach divi date.

[d3vnu11]

PLMA is holding steady, the next leg up is coming next week

[d3vnu11]

ARCA opens bid, 999 size

[d3vnu11]

Crazy low volume today... 60,000 anyone wanta guess why there were no buyers today. I think we all know why there were no sellers. Of course...I guess yesterdays chart signal was to sell.

No one listened to it tho. lol

[d3vnu11]

You must own PLMA by the end of the day on Monday, March 5th inorder to be entitled to the dividend.

The ex-dividend date is Tuesday, March 6th.

PLMA will sprout wings soon.

[d3vnu11]

The ex dividend date, also known as the reinvestment date, is a finance or investment term related to the payment of dividends.

Many publicly-traded companies pay dividends to their stockholders. The question of who should be paid dividends becomes complex, as these companies are continually being traded and the composition of their shareholders therefore changes each day. In order to settle this question, companies designate a date, known as the record date. Dividends are paid to the list of shareholders who hold stock on the record date. The process is further complicated by the fact that it takes time for a stock purchase to "clear" or "settle". In order to allow time for this processing, stock exchanges set a date - generally two business days prior to the record date - known as the ex-dividend date. Someone who purchases the stock on or after the ex-dividend date will not receive the dividend, as the purchase will not "settle" by the record date, and therefore the buyer will not be on the list of shareholders to which the company pays its dividends.

Note that dividends are not always paid on the record date. Dividend payment is made on a separate date known as the due date.

When the market opens on the ex-dividend date, the exchanges automatically decrease the price of the stock by the amount of the dividend. This is done because the dividend payout will decrease the value of the company, as it comes directly from the company's reserves.

Calculating the exact ex dividend date can be important if the dividend is big, and the stock has been sold on or near the ex dividend date. As of now, July 2005, the United States has three days of settlement for stock trades, although there has been talk of shortening to one day. So the ex dividend date is normally two business days (3 minus 1) before the record date. Business days are defined by when banks are open in New York City, not by when the stock markets are open. Thus Columbus Day and Veterans Day are business days for the stock markets, but not for calculating an ex dividend date. If the record date isn't a business day, then you count back from the most recent business day instead of the actual record date. For instance, if the record date is Sunday, then the ex dividend date is the preceding Wednesday, not Thursday - assuming no holidays.

If a corporation is distributing something other than a cash dividend, such as rights or warrants, then an ex-dividend date can be called an ex rights date, or ex warrants date, etc.

The key date to remember for dividend-paying stocks, funds, or securities is the ex-dividend date.

The key date to remember for dividend-paying stocks is the ex-dividend date. The Record Date, or Date of Record determines the Ex-dividend date, when you must own the stock.

In order for you to receive the upcoming dividend you must already own or you must purchase the stock prior to the ex-dividend date.

It is important to know when you buy or sell stock; there is a three-day settlement (three stock trading days) on all buy or sell orders.

Here is an example: The ex-dividend date is two stock business days prior to the record date. To be a stockholder on the Record Date you must purchase the stock before the ex-dividend date. The latest date you can buy the stock to be a stockholder on record and be entitled to the dividend would be one day prior to the ex-dividend date to allow for the three stock trading day settlement of the stock purchase. If you purchase the stock the day before the ex-dividend date you would be a stockholder on the record date and would be entitled to receive the dividend payment.

You must be a stockholder on the record date to receive the dividend payment.

You do not have to sell the stock after the record date to be entitled to the dividend. However, you must hold and sell your stock on the ex-dividend date or after to be entitled to the dividend payment. In this example, assuming that you purchased the stock one day before the ex-dividend date, you would be a stockholder on the record date. If you sell the stock on the ex-dividend date, the buyer of your stock would be a stockholder one day after the record date given the three stock business trading day settlement. The person that bought your stock would not be entitled to receive the dividend.

You must only own the stock one day to be entitled to receive the dividend payment.

If you buy before the ex-dividend date, and sell on the ex-dividend date or after, you receive the dividend payment.

Like any trading system, overall market sentiment and momentum is key. One advantage is that dividend paying stocks do have a tendency to be much more stable and predictable and have the tendency to appreciate in price due to the dividend payment.

Here are some helpful links to Ex-dividend.com which also explain Dividend Capture: http://ex-dividend.com/exexample.html

And Ex-dividend Date: http://ex-dividend.com/howitworks.html

[d3vnu11]

That is correct March the 8th, however I have never been the recipent of a dividend from a stock before as OTCBB's and Pinks don't offer them much. But doing research on dividends I have come across another term besides the "Date of Record"

That term is the "Ex-Dividend Date"

This date usually falls 2 days before the Date of record and is considered the date that you must own the stock in order to recieve the dividend.

Not sure if you'll need to be holding on the 6th or the 8th...going to call my broker today probally...to confirm when I need to own the stock to recieve the dividend...

If anyone else has insight on this matter please let me know.

[ScottD]

Hey thanks. I understand. Can you clarify something. When is the date of record to be available for the div.? I am seeing mixed comments. What i read in the PR was March 8th? being pais off later in the month.

[d3vnu11]

ScottD, 1 share of BHWF for every 4-5 shares of PLMA owned

[d3vnu11]

Where was ARCA yesterday, lol Holding those shares for a few days until they are a very hot commodity. I am think we might not see ARCA till after next week.

[d3vnu11]

10 more trading days till dividend record date

[d3vnu11]

MM's trying to walk this down on extremely low volume. I think every is seeing through it though.

[d3vnu11]

pro-rata: (of an allocation) In proportion to some factor that can be exactly calculated.

Tenants who have given 30 days notice who do not leave on the last day of the month will be credited on a pro rata basis.

The tenents rent is calculated on a pro rata basis, based on how many days he lived on the rental property.

The workers' overtime is calculated on pro rata basis, based on how hours he has worked.

The PLMA shareholders dividend is calculated on pro rata basis, based on how many shares he owns...

PLMA shareholders WILL get 10 million non-restricted tradable BHWF shares dividend divided amoungst the PLMA shareholders on a prorata basis, each shareholder recieving a number on shares pro rataly based on the number of shares of PLMA he/she owns on the date on record.

1 share for every 4-5 shares of PLMA owned

Additional quarterly dividends (BHWF or another spin-off?) will be given out later.

[d3vnu11]

Wow. Trying to shake. Don't fall for it.

[ScottD]

New to the stock. I know the stock div. is on the 8th. Can anyone tell me what the proposed div amount is? I dont recall reading that? I know that it will be paid out on the 21st. Thanks

[d3vnu11]

11 more trading days till dividend record date. I don't think there will be much more flipping on this security.

hold em if you got em.

[diamonddavedc]

yep - definitely

[d3vnu11]

ARCA has been buying up huge amounts of shares, without selling any of them unless in small amounts inorder to try and drive down the price inorder to buy more cheaper.

ARCA is waiting for the "big news" or the approaching dividend date, before it offers it share on the Ask side.

...and it is coming...

[diamonddavedc]

ARCA is definitely running this show

[d3vnu11]

And ARCA is not on the Ask.

[d3vnu11]

ARCA jumps in buying 500 @ 0.0125

[d3vnu11]

I'm looking for us to break the 200 day simple moving average of 0.019 before the dividend lock-in date then its up, up and away. I am holding for the dividend and more details on their revenues and profits.

[ghcnj]

You were not being harsh truthhub nor was there any reason for an apology. Everyone is entitled to there opinion and I always welcome everyone's. It doesn't matter if they agree or disagree. As a veteran I truely believe that. I am simply pointing out that these guys are IMO less then truthful. Do you really think they would say anything else to you other then the reverse splits were in the past ??? Do you really think they haven't said the exact same thing to many investors three (3) reverse splits ago ??? Why do they need 25 BILLION authorized shares if they weren't going to use them ??? Why not reduce it to 100 million shares if there will be no more dilution ??? If they are making so much money why is the following in their filings. " NOTE C - GOING CONCERN UNCERTAINTY....The Company has been unable to generate sufficient operating revenues and has incurred cumulative operating losses of $14,069,989." If the float is what some here say it is why has the float traded over that amount and the PPS is stuck ??? Could it be dilution ??? Why is the T/A gagged and always has been ??? Did you know the boys claim to be Christians ??? LOL. I could go on further but you get my point. You may want to ask some more questions fron Brent and Steve. Just all IMO. Good luck.

[d3vnu11]

Sorry if that was harsh ghcnj, didn't mean it to be so harsh... your welcome to stay :)

Besides every board has it's resident basher.

[d3vnu11]

ARCA is definitly the "AX" MM on this ticker, followed by NITE. ACRA is always selling and buying 999 sizes sometimes sending it up sometimes down, but definitely making out like a bandit in the last couple weeks.

[d3vnu11]

I have done research on Brent and Steve. Brent gave an interview on MN1.com and the interview was PR'd and directed at the shareholders.

In this interview Steve was asked about the past reverse splits and responded that future reverse splits are not apart of the current business model and no more would occur as the business was now becoming profitable.

Sometimes reverse splits are necessary once the accumulation of capital from investors does not earn profit, this unprofitable capital however does not go unused.

True, a reverse split is not helpful for the investor that bought in before that reverse split, however those investors whom buy in after that reverse split are in reality not only investing their money into that company for expected profits, but also - in a way - investing the shareholders money who lost out on that reverse split.

That losing shareholders capital built that company into a company which was not making profit, but which was a bigger more experienced company than it was before and able to invest the new shareholder money more wisely than it did before.

The company was not making money before, however it was building the infrastructure needed to make a profit.

If you were one of the investors of that infrastructure, in order for me to make that profit, I am sorry for your loss and my gain from your loss...however you must recognize that fact that this company is making declarations that it was never made before...

Palomar Enterprises, (OTC Bulletin Board: PLMA) today announced that the Company expects to generate revenues at or above $7.5M for 2007. This represents growth of 1,400% from 2006 levels. Gross profits are expected to come in at $1.5M.

The BlackHawk Fund (OTC Bulletin Board: BHWF) today announced that The Company expects to report revenues of at least $2.2 Million and gross profit of at least $560,000 for the first and second quarter of 2007.

The BlackHawk Fund (OTCBB:BHWF) reported on 8 February that it is expecting advertising revenue from its 10 cable television shows of at least USD10m for the 2007 fiscal year. The company said there could also be an additional USD10m generated from revenue from online video magazines and DVDs, which is not included in the figure above.

The BlackHawk Fund (OTC Bulletin Board: BHWF), announced today that The Company reduced the number of outstanding shares in the Float, by retiring over 5,400,000 shares back to Treasury. This reduces the total Issued and Outstanding share count from over 30 Million to less than 25 Million shares.

Palomar Enterprises (OTC Bulletin Board: PLMA), announces the Date of Record for shareholders to receive a dividend, is set for March 8th, 2007. All Palomar shareholders of record will be entitled to receive a dividend of free trading stock in The Company's subsidiary, "The BlackHawk Fund." Palomar Enterprises will distribute 10 Million shares on a pro-rata basis to its shareholders. This is the first of several planned dividends that Palomar expects to distribute on a quarterly basis to its shareholders, subject to Board approval.

...these declarations have lead me and others to believe that they are finally making money off the previous r/s shareholders...(maybe you?) initial capital investment, who lost money though the company's previous reverse splits.

...and to prove to investors that they are serious and making money they are showing their current investors results.

...such as no dilution in BHWF, rather they retire 1/6th of the shares...

...and quarterly dividends to owners of PLMA...

...if dilution was and issue you would see share price dropping...MM's know when dilution is going on...rather you see a 400% gain in the last 3 months (PLMA)

again I am sorry if you lost money in one of the previous reverse splits and other investors are building off your inital capital investment...we own the building in which we operate out of now thanks to those investors. (PLMA)

however don't bash when all indicators point the opposite way of your bashing...and don't come to this board every week or two saying the same thing over and over again even as the dividends are issued and BHWF brings in 10million in revenue.

Instead, buy some shares....you still got time...