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Creatures of habit my friend. we are all creatures of habit.
"Once a thief, always a thief.
GLTY
right money should be used to grow the company, i think that the company still got a chance to get a major movie deal and perhaps that money will improve all, and share price will be where it should be!
All squandered and used for personal debt. imo
Not to grow the Co.
I had reservatioins before buying just because of the current economic conditions and its a comic book Co..
I dont know, maybe people read more comic books during the depression.
One thing I do know, it was the worst investment of my young career to date.
They say its not a loss until you sell it. but I dont see how this operation could ever see .02 w/o a split.
I haven't seen the movie but it looks good from the trailers.
Scott "got the green light late" to move on merchandising (if you believe that) and this is supposedly why merchandising didnt go out for C&A until AFTER the movies release. couple lazer guns, few t-shirts etc..
(nothing earth shattering of course)
but the dilution machine got the green light on time LMFAO
GLTY with this POS lazy CEO
man, too bad! actually the movie wasnt that good, but for sure other stocks move huge on fluff and that wasnt fluff!!
Scott got duped by his film makers. got paid peanuts and passed on the loss to his shareholders.
All the while living high on the hog.
I called back when it was at .02 and tried asking a few questions and somebody answered the phone and claimed they werent scott but sounded kind of like him from the recordings (maybe it was his bf or something) whoever it was sounded a little paranoid and kept repeating "cant comment" everytime I asked a question.
I wanted to say something but wanted out first. but the price continued to plummet.(I knew it wasn't good)
from .07 to .0005 What a scam.
man, watching cowboys and aliens now. too bad it didnt make this stock a winner. i wouldve bet itd be a huge success
"Lost 20k on a P&D scheme and THEN found out it was a scam"?
Thanks Kimble1, I have been on this board off and on and really came back to it a few months ago to see what others were thinking about PDOS. As many of you probably did, I thought this company had some ideas that would really pay off for shareholders. I stayed the course to my financial detriment and have unloaded almost all that I had accumulated on the way down. Just have a small position as a hail Mary play, but look at it more as a write off.
Sadly the market has become a game and it's not about creating a company that can also benefit shareholders but an extraction process of capital from those shareholders. The market as a whole is broken, the SEC is useless, investors trust is zero and a couple of generations are probably forever gone from investing.
Scott Mitchell Rosenberg will walk away with the assets, just like he came here with. All the while the game was played and money traded hands and went into a few pockets.
I know the business environment can be brutal, but deception and dishonesty can only be rewarded with the same. Karma always shines a light and evens the score.
brian was involved until AT LEAST last summer....
he posted on this board touting PDOS ready for breakout....
I am betting he is the one who sold 30 million shares in one day last summer
there is a reason why he give up being an officer in these compnaies...it is for reporting purposes
Brian has been out for a number of years, so I don't think he has any control in the poor management of this company since 2009 (Based on the filings of the last year he was paid). I don't know any details, just info I have read in the SEC filings which have been very interesting. Note to self, any CEO that pays himself $700K when a company is not making money, stock needs to be avoided.
Yes, i read it too. It appears the 2 criminals in question are Scott and Brian and 1 day they will be accountable. Just a question of how,where, and when.
Classic find!!! They actually say-- well, if we screw anyone over- we can't be held accountable -- NOW I've seen it all lol
I have no doubt that Scott has diverted everything off shore. Divorce is a wonderful thing.
great post!!! what has gone here is criminal....
how these guys can sleep at night is beyond me....they convince themselves that everyone knew the risk going in and it is not their fault of the company tanked...
well that would be true if they didnt profit in the millions of dollars from the downfall....in reality SCOTTY and ALTOUNIAN are the main reason for the downfall
they are taking money out of the back door, side door, window, and basement all the while touting "landmark year"
every thing that happened here was premeditated
ASK YOURSELF WHO SOLD 30 MILLION SHARES RIGHT BEFORE THE MOVIE OPENED????
they had a plan they executed it and so far THOSE TWO have been handsomely rewarded
I know others have lost much more than me, but I just want to vent. My PDOS investment had dwindled from $12,907.33 hard-earned dollars down to $590.66 piss-ant dollars; 97% loss. Sure would love to have some of that back to spend on our first baby we're expecting.
Scott, if you're reading these boards, I hope you get a taste of the personal side of the money you've spent - ABSOLUTELY UNBELIEVABLE.
I find it amazing that this company is doing much worse now than before C&A came out. How is that possible?
Go to otcmarket.com and read the latest S/1A S1/A Filing on otcmarkets.com
Here are a few other nuggets of information.
From Page 3 of above referenced filing
"Our By-laws, as amended, provide to the fullest extent permitted by California law, our directors or officers shall not be personally liable to us or our shareholders for damages for breach of such director's or officer's fiduciary duty. The effect of this provision of our By-laws, as amended, is to eliminate our right and our shareholders (through shareholders' derivative suits on behalf of our company) to recover damages against a director or officer for breach of the fiduciary duty of care as a director or officer (including breaches resulting from negligent or grossly negligent behavior), except under certain situations defined by statute. We believe that the indemnification provisions in our By-laws, as amended, are necessary to attract and retain qualified persons as directors and officers."
From S1 Dated November 14th, 2011
"In May 2009, the Company entered into an agreement with its CEO, Scott Mitchell Rosenberg, for Mr. Rosenberg to loan the Company $500,000 for a term of one year. This amount is in addition to the approximately $4 Million previously loaned to the Company by Mr.Rosenberg. In exchange for the additional loan of funds, Mr. Rosenberg required a security interest in all of the assets of the Company, securing both the repayment of new funds as well as 50% of the pre-existing debt, for a total of $2.4 million in secured debt held by Mr. Rosenberg."
Rockman, where did you see that? I've read through a lot of their filings very closely and I don't remember seeing that. I would love to if you can point me to where you got that from.
the concept is good however IMO
All assets go to Scott in a loan default. Read the SEC filings and you'll see that Scott loaned money to the company and used "all assets" as security on the loans to himself. Shareholders will be left with zero since the only thing going for this company is the intellectual property.
The message below was posted on the PDOS board on Yahoo Finance on March 24th:
"Who would like to join me filing a class action lawsuit against the CEO pf this company? If so, please email me at jtoneilljr@gmail.com. I lost $20K on this pump and dump scheme and then find out it is a scam! People like this need to be put in jail. Please email me and let's do it!"
Kimble, consider educating this person on "civil" vs. "criminal"
I was/am very much aware of Brian's track record which steered me away from investing in this company, though I was initially tempted to profit from a pump and dump. The handwriting was on the wall for all to see from the start. Thanks for skillfully clarifying a "class" vs "criminal" suit, and hopefully, those burned can proceed within the legal system to be properly advised by an expert.
you are missing the point!!! what went on here IS NOT A CIVIL MATTER!!!!
this is a criminal matter!!! there is clearly intent to decieve....
BRIAN ALTOUNIAN has been involved in 6,7,8+ of these companies and ALL have done the same thing
I REPEAT!!! this is a criminal matter!!! stop with the class action nonsense.....start contacting a criminal lawyer...contact SEC
yea i know the likleyhood the SEC does anything is small that is how these guys get away with it...
if enough people complain about them then the SEC will have to get involved
ALTOUNIAN and company count on 1000's of people losing a couple thousand each.....they walk away and never come back...."not enough money to bother"....the investors just chalk it up to "oh those darn penny's"
BUT THE ONLY ONES AT RISK HERE are the shareholders....CEO makes millions, Altounian makes millions...
there is no intention of bringing successful company to market....only to enrich insiders
Hey SpencerB... I just went to that web site. WHat makes you ask that question? It seems like barron desert there, lol.
I doubt it.....you guys were warned by several on this board.
It's always a Huge risk to get involved in these kind of stocks. I applaud Kimble you saved me thousands of dollars.
Any basis for a class action suit by shareholders?
Would you know if anyone is buying from www.comictouch.com ?
Cheers,
Hero By Night rights went back to DJ Coffman it looks like http://www.djcoffman.com/2011/12/23/hero-by-night-returns/
I think this was one of Platinums strongest properties. Glad DJ is able to continue his work on this.
Ding, Dong, Ditch - Saw this on Platinum's Facebook page "I have been trying to get in touch with you guys for the last 2 weeks but your office phones are constantly going to the message system. do let me know if there is another number i can contact you'll at."
Market cap is about the price of a house in Compton, what a joke. $384K market cap gives all of us bag holders zero chance of getting out of this with any money, unless he gives a Realtor a billion shares to buy a house to flip. Maybe a better way to increase shareholder value.
Gonna take my stock certificate and send it to Scott so he can sign it. My 10K investment might be worth ten bucks on Ebay if he does.
I was wondering the same thing when that PR came out. Maybe Scott will address soon?
Question, If this company already has over 4000 character's in it's library, why in the hell would they need to aquire more content.
This company is a joke and I expect BK real soon
It still can be traded on Scottrade. I just bought some
this morning..........
just think if you bought it in wells fargo six months ago (wells allowed you to buy it 6-9mths ago)...It is completly worthless...
the company is worthless
The stock can not be purchased or sold through TD Ameritrade. It's restricted! How does one sell it other than having to transfer it to Penson for a big fee upon sale? It's not liquid!
It's lost the D its just POS
LOL and bakes cupcakes on facebook?
I watched it drop from .07 down to its 52 week low of .02 and a fluff pr "LANDMARK YEAR" and bought 3x in the .02's and it never stopped dropping.
I thought I was the only person who knew that..LOL
If they release good news, this will become a quick run that I will make money. I don't own any shares and have only added this to very specific watch list of mine. I have no opinion of this company and only have evaluated its run potential.
is 60 million in Red considered good news??
for a company that plays XBOX all day??
NOTE TO SELF: Adding to watch list for end of month financials play (year ending 2011). The play is contingent upon good news.
I think im like a magnet to no bids
all to familiar around this neck of the woods
Well were not at NO BID yet so there is still money for Scott to make here finishing off the last of the bidders before we get there.
this ceased being a business and became a SCAM the second BRIAN ATOUNIAN got involved
everyone of his companies fail
CEO gets rich...shareholders get crushed
1000%
Maybe its time for a new business this one isnt doing so well..
Platinum oil?
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