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He's basically ignored the company since they ceased operations so why would anyone expect anything different now?
As for him manipulating the stock, the history here shows that's not happened. The only manipulation has been by the occasional groups that jumped in over the years to run it up for a few days and then move on to the next one.
I'm not even sure I really believe the R/S talk as nothing has been stated publicly. Some newly created website randomly posted on a stock discussion website and not disclosed through a PR seems sketchy, especially coming from a lawyer with experience in the securities field.
Mr. Randall Mackey has still not doing his job.... it's almost a month later and Mackey is still not doing his job in filings with the otc..... but Mackey would love to do the filing of a reverse split of a 400 to 1 reversals.... Mackey is and has been manipulating pdmi stock for the last 10 years....
the damage is already done though honestly I didnt vote for it but the split would hurt now from 0001
They tried to force us to support a very toxic 1:400 R/S to crash our investment by 400-Bagger (such as from $400 to $1)! So we all should not vote for any R/S plan! Without any R/S all the most recent 0.0001 ~ 0.0016 buyers still have the opportunity to make profit or make even when the huge Expert-Market rally tide kicks in like what happened to those "STOP"-sign OTC stocks back to this Spring...
I'm wondering who bought Hundreds Of Millions shares at 0.0016 ~ 0.0007 most recently? Why?
Forget R/S... I rather lose it all then let him cheat us AGAIN!!!!!!!!
Yes Mackey thinks he could hold us hostage...but Mackey and his buddies have 20 billion shares to get rid of...all 3 buddies are all 74 years old and not knowing when they are going to pass I think they want to do 1 last big manipulation of pdmi stock before they die or get I'll... that's why Mackey needs a 400 to 1 reversal...then they short the shareholders and the shares and get richer.... that's why Mackey and his buddies don't want to file the paperwork and comply.... it's easier to reverse the shares and quicker than to make pdmi legal and compliable....
Agreed.... And now he's trying to hold us hostage to sign for a RS. Not happening. So....... It's time to face the music and say we are dead. Maybe he'll realize he can't win the stare down....
Then why or how did it trade 1.2 billion shares in one day...go to 17... And down to 1....add 2 more executives with big names... register with Delaware... And not comply with otc... but wants to do a 400 to 1 reversal... but doesn't want to do his job in filings that would be in the best interest of this shell and the shareholders... what's your opinion?????
I'd honestly say there was no scam or fraud by the "company" for the last 10 or so years. It was declared defunct and anyone who spent five minutes looking into it could see that there was no business.
There has been no info or communication for years so why start now?
Pdmi is still dark and defunct....a worthless shell.... with Mackey having no plans or paperwork for pdmi to revive to a legitimate company.... Mackey has not given any information to the shareholders and or the OTC.... what a fraud And a scammer you are Mr. Randall Mackey... Try
Looks like Mackey is not doing his job again this week we!.... Mackey has not filed any documents .....no paperwork that is needed for otc so pdmi can get out of this expert market as of today... Mackey lied again....
Tom21... you are wrong to ask shareholders of pdmi to trust Mackey.... Mackey has been manipulating pdmi stock ever since pdmi company closed down a decade ago.... without the otc filings all Mackey has is an empty worthless shell with a lot of worthless shares That only
Mackey can manipulate as Mackey wishes.... you should ask Mackey that you want to retract your signature and your agreement to the 400 to 1 reversals....and to tell Mackey to go comply with otc so pdmi will one day be worth something!!!!!
If any shareholder in the OTC thinks Reverse Splits are good…..then they deserve to lose all of their money. I took a gamble here and am glad I only lost $1500. Sorry others lost more…..screw Mackey
Is there a better platform then this message board to get the message to the shareholders not to agree and sign for the reverse 400 to 1 reversals that Mackey wants????
Anyone who votes for the toxic 1:400 R/S just acts like this: Mackey, please crash my investment by 400-Bagger (such as from $40,000 to $100 or from $4,000 to $10 or from $400 to $1) via the toxic 1:400 R/S because after the R/S PDMI will Quickly crash to 0.0001 from 0.04!
So everyone here should vote against any R/S proposal unless the company provide the anti-dilution protection to our common shares!
He has been yanking our chain for over a decade... again... A reverse split will only hurt us .. I rather it be worthless ( which it is) then see him gain after all the BS ALL these years
I just spoke to Mackey .... Mackey is only interested in doing a reverse split.... Mackey said he needs the reverse split so he can register with otc....that is a lie...a big lie.....I told him that we shareholders are not interested in a split...we are interested in filings... Mackey said he would be working on the filings...I asked him about September 28????... Mackey said he missed the deadline...what a liar!!!.... without the otc all he has is a non-viable shell which is a dead shell without the otc filings...I do not trust Mackey any longer and neither should any shareholders of pdmi.... PLEASE do not agree or sign up for the 400 to 1 reversal... Mackey cannot do the 400 reversal by himself.... Mackey needs your signature....OTC will not let Mackey do anything unless Mackey registers and completes the OTC paperwork.....
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Everyone should email him and tell him to file to make current and to take his RS and shove it up his azz!
I knew it was a gamble buying a couple mill in the low subs.
My loss. She can sit for several more years as far as I’m concerned and then hopefully a Custo grabs her out of the dark and revives her.
Better and signing up for RS!
To: lowhnd and all shareholders...
Mackey does not have a company anymore... Mackey has a shell full of shell shares that Mackey would short after a hefty 400 to 1 reversal... Mackey would control those shares...if Mackey wanted to make the shares go up and make pdmi a legitimate company in value then Mackey would of filed the paperwork needed to comply with otc for now... And then get some investors to make pdmi a real viable business ... Mackey is only here to manipulate the stock... before September 28 and for the last 10 years Mackey did not need your signature to do a reverse or comply with otc...and for the last 10 years Mackey never sent any shareholders any letters for anything, including guidance to help pdmi become legal and a viable company... Don't sign up for the reverse split.... sign up for the filing of the otc paperwork needed to comply with the otc for now !!!!!!
Everyone should email him directly and tell him what to do
From Mackey again today…. “”””Approving a reverse could revitalize the company. Without it it’s chances are less favorable .””””
To lowhnd: Mackey had the shareholders assuming that with the new officers named there was going to be a new company being built. By Mackey renewing with Delaware was just so Mackey could do another reverse split, not make pdmi a real viable business and a viable company.mackey did this twice ten years ago with a 100 to 1 reversals. Mackey got away with the reversals because pdmi was a registered company with Delaware and otc at that time. This time pdmmi is just a shell and Mackey did not file/comply with otc. I think that's why Mackey needs or wants our signatures... so unless Mackey and the new officers really make pdmi a real viable business and company we the shareholders will never make a gain or profit. We will lose!
If you bought 1 million shares at .001 for $1,000 and now it sits at .0001 worth $100 (because that’s where it will really sit without trading. Today’s little action means nothin)
With 1/400 RS
The price shoots to .04 and you now have 2,500 shares worth $100
The stock will immediately crash down to .01 minimum and your investment will be worth $25
Soon after it will be .005 and your investment will be worth $12.50
Multiply my #’s by 10 if you have 10 million shares. At the end of the day you are still not going to get back but a 1/10 of what you’re investment is worth at .0001
This thing is toast either way. We are screwed. I would rather not vote then try and form an exit door that everyone runs to at the same time
I totally agree with you setti... Mackey is going to reverse it to 2-3 pennies and then short it down to 0001 again
We have been stroked for years and years... enough is enough.. again.. JMO.. I am NOT going for another RS... we'll get nothing if that happens.. the only one thats gonna make any money is this Mackie guy and his cronies.. Screw that!!!!!
why...we got the chance to get out,more than twice @over 0.0010 and buy back low....this is because him...and maybe it will hapend again if we dont go agaist ..he knows the whole situation better than any of us...just my opinion,,,& good day to all!! hope we make some more money on this pig..
I'm with you setti... Mackey was shorting the stock all the time Mackey was in charge for years. No reversal !
I'd rather lose the Millions of shares I have then go for the R/S.. We've been played all these years!!!
I also think that Mackey bought those 1.2 billion shares those days that it went wild!
I think Mackey shorted the stock from.0017 To .0001. Mackey is the only one who has inside information as to what is going to happen to pdmmi! And Mackey has not been transparent in the last 10 years. Now Mackey wants a 400 to 1 reversal.
Because he wants to rob all the innocent investor's cash money for free by diluting the Pos Scam from 0.04 (after 1:400 R/S) to 0.0001 again! If he also does the Same 1:400 R/S to the AS (i.e. 50M shares New AS) then it will be a Good News for us which seems impossible now!
The best benefit for us is let him file the Key SEC-Form-C (like its Same-Bottom 0.0001 peer: PTEL) or file at least one Annual Report (like another Same-Bottom 0.0001 peer: AFTC) so that PDMI will be Upgraded to the OTC-CI tier!
Anyway PDMI is up 400% so far to hit 0.0005 now! We might see 0.0007 again...
need to trust mr mackey ,,no choice in this bad position...need the rs to clean up all the shares been issued in the past. by probably him and others in the company..i know,very bad, not good ,but without this ,will end up with nothing...he is the only one could do something about this to bring us back to the pinks and make the stock tradable again...just my opinion!!
I called Mackeys office and his secretary confirmed the email and the 400 To 1 reversal
I wonder if it's even Mackey behind this or if someone else is trying to pull something.
He's familiar with securities law and knows you can't do a special shareholder vote for a R/S via some website sent to a couple people. How did it become known to the first person who posted it here?
It will always be tradeable and compliable as long as Mackey files the proper legal n truthfull
paperwork that the otc wants. Mackey should be investigated as to why Mackey is looking for a reverse split rather than a compliance with the otc. this is why the otc wanted a compliance so they can stamp out fraud, manupulation and the clear transparency of the otc stock market. We as shareholders should get a law firm To Sue the officers of pdmi and ask the otc to look into why Mackey is looking for a reverse 400 split without complying. In the last 10 years Mackey never sent one email...all of a sudden Mackey sends a crappy n crazy email saying Mackey wants a 400 to 1 reversal or Mackey kills the company that is a shell. That's almost criminal/blackmail/and someone should figure out how Mackey would make money from a 400 to 1 reversal with out compliance first!
My reply to him: I will convey your response to the other shareholders, but can you expand on what this means "probably unlikely with marketplace"
As far as what a Reverse Split would do is plummet the price right back to the bottom...... That's even if it becomes trade-able again. As it is on the Expert Market...there is no chance. Is there any possibility to become Pink Limited at minimum?
Why is Mackey not trying to reverse the Pdmi administrative stocks from 400 to 1...20billion shares at 400 to 1 would make this shell company More attractive...
Someone should remind Mackey that pdmi was doing great at 0017 before Mackey silently chose not to comply! And moreover if Mackey should comply soon maybe pdmi would double up in value! there is no one stopping Mackey from complying. Mackey has not told the shareholders why Mackey failed to comply or Mackeys strategy for the reverse split.
Someone should tell Mackey that he made a decision not to comply! Someone should ask Mackey why he chose not to comply!
what marketplace is Mackey talking about?????
Response from Randal:
Thanks for your response. The shareholders need to make a decision. The company has officially stopped trading and the likelihood of rejuvenation without the reverse is probably unlikely with marketplace.