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The STOP sign must still be scaring some people off.
Doubled my position in $PMBY today. Still not want to load to heavy until we have a confirmed reversal.
BUY WHEN STREET IS BLEEDING, going with this, lol
Yep and that's fair enough if you wanna take a chance here. I'm not telling people not to buy or anything alike. I just point out stuff that makes no sense and if it's too extreme than usually there is a reason for it. I was extremely charged up on this as well about a week ago but this is just hilarious.
Not sure about that. Remember, the volume is the KING. Notice, volume is low, very low. Price decrease with low volume means nothing. This ticker was always slow, not many people were here, so it's slow and low.
I will be honest, I am still buying, put an order for 25k at .161, so far almost 20k filled. I am taking my chances, let's see what happens.
As I said, not going to defend anymore, people SELL SELL SELL, I will sell other ones and keep buying this, win or lose, will see later. thanks
After seeing the last few days of trading, I fear this will end just like ENKS did. We will see.
I was just going to say the same thing that as soon as they become pink current, it will bring more stability and attention to the stock. Of course, by then stock price will be much higher if not, in dollar land.
As for the financials and numbers, if they were not somewhat true, they did not need to show $800m asset and $400m income, they could easily report a few millions here and a few millions there.
On paper, $800m (or $400m) sounds large but for a financial institution, it is very much possible (it's nothing).
Anyway, when people laugh at it or us, let's accumulate at this cheap price, we may have a last laugh soon.
it is just a matter of time.
we are just going to take advantage of these low prices and build us a stronger position.
filings are going to start hitting as the company starts getting current.
this is a very big deal.
being current will help with exposure as more platforms will allow trading in this stock.
but clearly $PMBY hit the big homerun with this massive acquisition.
this is what you dream about and it happened here right before our eyes.
Agree 100%. It is already a $5 stock and should be uplisted to the bigger boards. Just wondering why people are not showing that much interest.
Only logical explanation is that people are running for 000s or 00s, lol
this is absolutely huge:
this is the kind of catalysts and the kind of big acquisitions people dream about in the OTC land.
and now all this is in the bag.
this will quickly race to the dollar land as filings start hitting.
you got $800 million in assets even before this big acquisition.
this large South American bank has 400 employees and they have presence in all the big cities.
https://finance.yahoo.com/news/postd-merchant-banque-highlights-south-130000662.html?.tsrc=fin-srch
this instantly becomes a billion dollar company.
so it is just a matter of time now before this explodes to dollars.
Big acquisition, news releases are on the OTCMarket.com, o/s share count is good and financials show big asset, revenue and income and yet for some reasons, not many eyes are here!
i cant see this staying down for long.
this is just a massive acquisition.
https://finance.yahoo.com/news/postd-merchant-banque-acquires-south-172400040.html?.tsrc=fin-srch
this is as good as it gets in the OTC land.
people dream of big acquisitions like this one and now you got one in the bag.
Chart&News:POSTD Merchant Banque Highlights South American Bank AcquisitionPress Release | 07/07/2021
LOS ANGELES, July 07, 2021 (GLOBE NEWSWIRE) -- POSTD Merchant Banque (OTC: PMBY) (“the Company”), announces near term business plan and objectives for recent acquisition Banco PyME de la Comunidad SA.
IMMEDIATE OBJECTIVES
In order for PMB Banco PyME de la Comunidad SA to increase its clients and deposits in the short term, it has planned to develop the following activities:
FOREIGN CORRESPONDENT WITH 24 HOUR SWIFT
Achieving Swift correspondence with 24-hour service in the national Bolivian market is a competitive advantage that must be analyzed in two areas:
Internal Scope of the bank, It constitutes an advantage since operations could be carried out in shorter times and terms, and a Cost Benefit analysis must be carried out in relation to Commissions, Exchange Rates, etc. Another fundamental factor is to establish the position in the FOREX market, which requires specialized people with experience in comprehensive management, not only operational for the department.
External Scope of the bank- Specifically with the National Banks that would see in this situation a manifest weakness and an inferior position as far as competitiveness is concerned. An initial alternative is to generate "Agreements and / or Pacts of Gentlemen" to work in a joint and coordinated way in the concept of "Win Win" with the manifest commitment on our part that there would be no theft of clients, for which we would have to establish control mechanisms to achieve this task.
PROJECTS
STRATEGIC MINERALS RECOVERY PROJECT
PMB Banco de la Comunidad SA will give financing options to the Gold, Silver, Aluminum, Zinc, and other high-value minerals mining sectors.
PMB – BANCO DE LA COMUNIDAD SA PREMIUM LAND PROJECT
This project will be implemented in the lands located in Vinto Cochabamba, containing more than 5 hectares of land, and will be developed to make high security deposits for the storage of commodities such as Gold, Silver, and other high-value minerals.
COMTECO LTDA COOPERATIVE CONSTRUCTION PROJECT
Construction project of 250 homes with a total investment of USD 25 million, the amount required for the project is USD 15 million. Leave a profit of USD. 12 million, only in construction and sale. To this must be added the interest costs of the loans granted to the successful bidders and the increase in the portfolio of PMB Banco de la Comunidad SA.
NEW SANTA CRUZ PROJECT
The objective of the Nueva Santa Cruz project is to carry out the construction of an urban model made up of 100,000 housing solutions in apartment towers, all with first-class materials and services, thought and designed to provide a comprehensive quality of life equipped with all the Public and intelligent infrastructure, with a futuristic vision, centered on people, pleasant and comfortable, that ensures a better quality of life for all its inhabitants.
About Banco PyME de la Comunidad SA
Banco PyME engages in Funds, Trusts, Financial Instruments and other Commercial Services. With over 400 employees, it operates offices/branches in the major cities in Bolivia including La Paz, Cochabamba, Beni, Pando, Potosi, Oruro, Taija, and Chuquisaca.
The company website can be found at: www.bco.com.bo.
About POSTD Merchant Banque
POSTD Merchant Banque (PM Banque) is a duly registered non-depository financial institution that offers clients access to growth capital in the private markets through institutional debt or equity, far beyond what traditional banks can and will provide. Combining global reach with personal, bespoke service, we provide our clients with comprehensive corporate finance advisory services tailored to fit to your needs.
The company website can be found at: www.postdmerchantbanque.com.
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
For more information please contact:
investor.relations@postdmerchantbanque.com
(860) 822-5794
https://www.otcmarkets.com/stock/PMBY/news/POSTD-Merchant-Banque-Highlights-South-American-Bank-Acquisition?id=310554
POSTD Merchant Banque Acquires South American BankPress Release | 07/02/2021
LOS ANGELES, July 02, 2021 (GLOBE NEWSWIRE) -- POSTD Merchant Banque (OTC: PMBY) (“the Company''), is pleased to announce that it has acquired controlling interest in Banco PyME de la Comunidad SA. (Central Office: Cochabamba Av. Ballivian No. 0576). Banco PyME engages in Funds, Trusts and Other Financial Instruments and other Commercial Services. With over 400 employees, it operates offices/branches in the major cities in Bolivia including La Paz, Cochabamba, Beni, Pando, Potosi, Oruro, Taija, and Chuquisaca. The Banco PyME de la Comunidad SA website can be found at: www.bco.com.bo.
Great synergy has been achieved through this acquisition. PMB will integrate with Banco PyME as a fully licensed bank to commence comprehensive international banking operations. The union of the two banks will allow US operations to ramp up and establish its reputation in the banking industry. To this end, PMB-Banco PyME will pursue various types of major projects to ensure growth for the bank while it targets improvements to the human situation on a global scale. The near-term focus moving for PMBY will be to integrate US and Bolivian operations enabling the company to successfully achieve its strategic goals and objectives efficiently and effectively.
About POSTD Merchant Banque
POSTD Merchant Banque (PM Banque) is a duly registered non-depository financial institution that offers clients access to growth capital in the private markets through institutional debt or equity, far beyond what traditional banks can and will provide. Combining global reach with personal, bespoke service, we provide our clients with comprehensive corporate finance advisory services tailored to fit to your needs.
The company website can be found at: www.postdmerchantbanque.com
For more information please contact:
inquiries@postdmerchantbanque.com
(860) 822-5794
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
Primary Logo
https://www.otcmarkets.com/stock/PMBY/news/POSTD-Merchant-Banque-Acquires-South-American-Bank?id=310020
Chart looks like Alpine did, and that went to like $5, Chart News, and Momentum all a go!
Businesses "go public" to gain access to the public stock markets, sell stock to raise capital for their business. Why would a bank allegedly sitting on $700M, all cash, have any need whatsoever for capital?
Maybe I should ask the 84 year old CEO, Ruby.
today's press release is posted on the OTC site also:
https://www.otcmarkets.com/stock/PMBY/news/POSTD-Merchant-Banque-Highlights-South-American-Bank-Acquisition?id=310554
ADREED. DOLLAR $$$$
this guy on twitter is no good with FUD
https://twitter.com/iwanooze1/status/1412884226303737858?s=21
If you own Five Million shares they do.
I have owned stock in this company since it had a ticker symbol of MEI
Than became SPSY. It was sold this company PMBY. Under a shady deal?
I hope I am wrong on this one. Time will tell.
No problem. I’ve been following these deadlines closely with all the custodian and revival plays going on. sept 28 is the key deadline date. Anything prior to that are recommended deadlines related to getting in certain paperwork and application in with OTC markets to ensure that they can get everything completed and approved prior to the hard deadline date of sept 28. After that date, the SEC will aggressively be taking any non-Pink company off of the exchange market.
Thank you. I have been corrected. Hope you are right!
The deadline should be on 9/28/21
“In September 2020, the SEC updated Exchange Act Rule 15c2-11 which become effective on September 28, 2021. These regulatory changes prohibit broker-dealers such as IBKR from displaying quotes for securities whose issuer has not met public reporting requirements. This prohibition may significantly restrict your ability to open or close positions in the OTC stock market. Additional information is provided in the Background and FAQs sections below.”
https://ibkr.info/article/3956
My SEC Attorney told me today the 24th is last day to become current ?
Why july 24th? I believe the SEC deadline is at the end of Sept.
If PMBY does not get current with all paperwork, they will go dark on July 24, 2021.
https://ih.advfn.com/stock-market/USOTC/postd-merchant-banque-pk-PMBY/trades
sold volume: 307,000
bought volume: 280,000
this is just manipulation and some minor selling.
no big deal:
dip gave us all a chance to grab a few more shares.
some people seem confused by these types of mergers/acquisitions/reverse mergers:
this was obviously fueled by this large South American bank's desire to go public fast.
now they will have access to capital markets to grow and expand globally.
OS ANGELES, July 02, 2021 (GLOBE NEWSWIRE) -- POSTD Merchant Banque (OTC: PMBY) (“the Company''), is pleased to announce that it has acquired controlling interest in Banco PyME de la Comunidad SA. (Central Office: Cochabamba Av. Ballivian No. 0576). Banco PyME engages in Funds, Trusts and Other Financial Instruments and other Commercial Services. With over 400 employees, it operates offices/branches in the major cities in Bolivia including La Paz, Cochabamba, Beni, Pando, Potosi, Oruro, Taija, and Chuquisaca. The Banco PyME de la Comunidad SA website can be found at: www.bco.com.bo.
Great synergy has been achieved through this acquisition. PMB will integrate with Banco PyME as a fully licensed bank to commence comprehensive international banking operations. The union of the two banks will allow US operations to ramp up and establish its reputation in the banking industry.
To this end, PMB-Banco PyME will pursue various types of major projects to ensure growth for the bank while it targets improvements to the human situation on a global scale.
The near-term focus moving for PMBY will be to integrate US and Bolivian operations enabling the company to successfully achieve its strategic goals and objectives efficiently and effectively.
About POSTD Merchant Banque
POSTD Merchant Banque (PM Banque) is a duly registered non-depository financial institution that offers clients access to growth capital in the private markets through institutional debt or equity, far beyond what traditional banks can and will provide. Combining global reach with personal, bespoke service, we provide our clients with comprehensive corporate finance advisory services tailored to fit to your needs.
The company website can be found at: www.postdmerchantbanque.com
For more information please contact:
inquiries@postdmerchantbanque.com
(860) 822-5794
Same possibility for $800m asset as well.
here is their facebook page:
https://www.facebook.com/Bancomunidad/
One possibility for this revenue and income in Q1/2021 are that they consolidated their share of revenue and income of their newly acquired bank. So it is possible if the acquisition happened before Mar 31, 2021.
call this bank and see what they say:
most of us already know that this is the real deal.
https://bco.com.bo/
this is all legit bro.
this is the real deal.
no large bank would allow this to happen if this was not legit and not done right.
all this is also posted on the OTC site.
The financials were reportedly, done by a CPA. Hope that guy asked a question or two to verify the numbers. Otherwise, that would be disgrace for CPAs (including myself as I belong to the same community, lol). I wouldn’t be part of all fake numbers. Hope he verified!
i knew the financials were going to be impressive:
this is a large bank with 400 employees:
and they have strong presence in all the large cities.
https://bco.com.bo/
$PMBY is well on its way to the big leagues.
Doubt you ever see this current. Its obvious they have been selling shares into news filings. Filings are not right. News is not right. When you call or email you get no response. Would not be surprised to see this one suspended soon. Hope I am wrong for those holding.
Q1/2021, the revenue was $402m, net income was also $402m (no exps at all), little weird. Not sure what they sold and got 402m net revenue and income, no exps.
Seems out of $800m asset $300m with Wells Fargo trust, which should be legit. Anyway, fingers crossed.
Hercules 1, The more you pump the lower the price goes. Stop pumping, and check the ownership out first. They may
Surprise you. Just a thought.
there are not a shares left to be had:
etrade and ameritrade lend shares out to be shorted but once again these shares are very limited.
strong shareholders are going to hang on tight to their shares.
and the smart ones also lock up their shares.
just put your shares up for sale for around $2.
this will see multi dollars soon.
Have you called the company?
i am actually glad that this dip happened:
it was going to happen given the very strong run this stock has had.
so now we are ready to climb north.
i know the DD here too well and we all know where this is going.
this is multi dollars in the next 2-4 weeks.
this dip allowed me to double my position here today.
i really wanted a strong position in this stock and now i have it.
will let this ride to dollars.
Well the problem is few believe the filings or the news.
nearly $800 million in assets.
and that is before they acquired the controlling interest in this large south american bank with huge presence in several large cities.
it is most definitely the real deal.
opportunity like this one doesnt come along often.
stock is way the bloody hell undervalued here.
and when it rockets, there wont be any stopping it.
this is just a massively large acquisition.
https://finance.yahoo.com/news/postd-merchant-banque-highlights-south-130000662.html?.tsrc=fin-srch
This is why I trust the process and let the rest of the masses FOMO in at a higher share price
700 million in assets and 40k in debt. Guess no one believes filings. LOL.
https://www.otcmarkets.com/stock/PMBY/disclosure
I feel like once the company becomes active on Twitter this is when things will really rev up
give this stock just one week and you will see this stock leap right over $1.
catalysts are just massive.
this acquisition is huge:
https://finance.yahoo.com/news/postd-merchant-banque-highlights-south-130000662.html?.tsrc=fin-srch
this is a very large bank.
Be patient for another week for sure.
Yep, most of my portfolio is in the red. Feels very coordinated.
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