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http://www.theelevationgroup.net/capture.php?a_aid=161471&a_bid=e6b01db8
this attempted chatboard rehabilitation of pedro by trying to cause separation between MT and him is pretty thin. One doesn't have to dig very deep into their history to see that they are birds of a feather. They were outed so many times on this board for their inane antics (remember the ads for the call center cold-calling operation out of costa rica?) that pedro is about as believable as a mexican pretending he doesn't speak English when confronted by a creditor.
Interesting, if I post in contrary to you, then I am, in your mind trying to rehabilitate the board, but if I don't then your opinoion must be correct.
Statements like that is the reason I left this board.
I agree it is hard to imagine Pedro as completely innocent without considering him to be a fool when it comes to trusting people. But then again, I'm sitting here typing.
If MT was willing to do what he did, Pedro's own integrity blinded him from what was occuring.
At least that is my theory. Makes no difference, this stock will do nothing until Pedro does something. I think he should be making contact with the russian who offered .05 for a stake. I'm willing to sell my portion for that and it would make good on their promises.
But what do I know.
Wow, I agree with you.
Yea, with all the volume at this level, I can see where you guys think Pedro is robbing everyone blind.
With all due respect, it means nothing if you can not remove cash. We have heard they are working on making the PDR Exchange liquid. But in all honesty what does that mean?
Consider Scottrade for a minute? What liquidity do they need? You have to upload cash to buy and sell, it's that simple. The liquid comes from the accounts. Perhaps what they are saying is they don't have any money to pay the guarantees (which should have nothing to do with liquidity) and they are trying to rob peter to pay paul. I mean, they claim to have gold, but for some reason they can't sell it.
It's not looking good. IMO it's just a madder or time before real legal issues start happening. They are in default. Talk is cheap. We have heard talk for over a year.
They are currently in default on the one year guarantee. What makes anyone think they wouldn't be in default on this offer? Most objectable people can see this. IMO, nothing is going to happen until they honor the one year PDRs.
The catch is, once the 1 year PDRs are paid, the share price will most likely not be where it's at today. If the share price doesn't move then it would be more reasonable to trust the offer, purchase shares and then move them.
I can't come up with any good reason why suddenly the R/S option is even being considered. Bad Timing while they are in default.
Have you ever considered that MT might want this shut down? I wonder if you can even understand that.
Well, he never actually sold PDRs. He thought he did, but there was a computer programming problem. That problem has caused the extensive delay. He also did get his shares back.
Not to mention he has a personal tie to the problem I don't care to discuss.
We all realize MTs made some blunders. Doesn't mean he can't succeed. We shall see.
You just don't get it.
You speak as though Mike has more control over the share price then the MMs.
Amen brother!
What did he steal from you?
Surely no one can argue with your decision, nor your point of view. MT has always had trouble with communications as far as I can remember.
To me it's not necessarily lying, its more about overstating or frankly, not considering the image of the company to all shareholders. The scanner issue is a prime example. Everyone has their opinion. My opinion is, being in the
Company Position he is in,he frankly should not have made such a comment. Bottom line, it's not professional.
With that said, I am willing to overlook that statement, and reason why he would even make it. There are many things to consider. Ultimately, Mike has poured his soul into this and it's not easy for anyone to listen to the tremendous critisim day in and day out.
I'm not at all making excuses for him. I support this company because it is trying something new and big. I completely distrust the USMarket. The MMs and Hedge Funds are thiefs. Ameritrade is full of s%$%@%. Not to mention, if MT pulls through, I stand to make a boat load of money!
Cause
Gold hasn't backed anything up since FDR.
Do you even think that Gold backs up the money in your wallet any more? The fact that gold does back up the PDRs is saying a lot....yet you are complaining to see the actual gold. You will simply miss out. I don't think they require you to "Trust in God" for it to work.
what post? I think you're wrong.
What post says that someone got their money? Are you sure you read it correctly?
Bulldog....so you are in the foundation and own PDRs?
You know, that's rediculous. Why even post such baloney? The entire issue with Midas has been gone over and over and is pretty complex.
Do you just post to antagonize everyone? Is that the model and charachter you are trying to display to your peers? This country needs help.
Do you send your questions via the customer support on the web site? I have always had pretty quick replies from that. Although, many times they don't directly answer your question.
Have you tried calling MT directly?
That is the general jist of the blog. Everything is still moving forward.
We continue to sit at a crossroads.
I believe the last private blog dealt with the delay issue and provided an acceptable plan for those that have been delayed.
With that said, I trust you will post when the current status changes and you have in fact sold your PDRs and have been paid.
That's what this is all about. Can't really blame anyone for NOT believing. Risk vs Reward still holds true.
I can already tell you, that even when PDRs are paid and gurantees are upheld, there will be people yelling Ponzi or something else. Makes no difference to me. In fact, I believe I will have benefitted from all their negativity.
There will always be naysayers. Learn to think for yourself. Cause they will rob you blind and then pat you on the back.
I thought Naked Short Selling was a fairy tale?
http://biz.yahoo.com/rb/080715/sec_shortselling.html
Seems this little article suggests it is not only occuring but that somehting needs to be done to curb it.
I guess when it happens to pinks it makes no difference since most pinks are POS.
If you say so.
Wow, that's a strong statement. I guess you always state your opinions with the "because I said so" mentality? Or do you have any facts?
1. Everyone knows AF's have been promised several time and not delivered.
As far as I know, they were promised once...They aren't even promised at this point. But they are working on producing them. Do you know why it didn't happen the way they wanted? I'm not talking about the scanner.
2. Fact is people sold PDR's and have not been paid.
People think they did. It's my understanding their was a glitch in the software. I believe those people still have the orginal amount of their PDRs. Could be wrong...I didn't sell any.
3. As far as being on the sidelines, I'm not, I am in the game and have been in and out of this one alot.
That's entirely up to you. There's always two sides to a story.
I don't think your bashing, I just think your facts are half facts...if there is such a thing. Sort of like spinning an agenda.
We have been hearing about AF's from them since forever, so far everything has been all talk and no action. If Pedro would actually accomplish some things and get the PDR holders paid it would be a whole new ball game. Until then I am still very sceptical. JMHO
That just isn't true. First off, restructuring the company to allow for legal means is more then talk. Also, as far as PDR holders not getting paid, the gaurantee is still valid and hasn't been broken. I would agree if you mean the exchange needs to become liquid.
I think Pedro is fine, and I know I'm fine, with you being skeptical and would prefer you stand on the side lines and not reap one reward from your disbelief.
It's going to take time to get the share price to reflect reality. Everything has been heavily manipulated.
I would guess once the first payout happens on the exchange the share price will start to move, but audited financials will eventaully be the real moving catalyst. For those of you who can read and consider if what Pedro is saying is true instead of just thinking everything is a lie, some of the changes that have been made in the company structure are to be able to produce AFs. Pedro says that quite pointedly.
It is my understanding the company is worth quite a bit more then the 2 cents per share. Of course, when things start moving you will continue to hear all about Ponzi Schemes and all the other BS to try and limit it. They won't be able to stop what the AFs say.
This is all my opinion.
Why don't you follow your own advice and move along.
No, it would mean I'm tring to follow your guys accusations. You say it isn't a business, it's a PONZI scheme....so is a PONZI scheme a businnes that performs illegal business transactions.
You can't have it both ways.
Yea, that is a good point. One hand they are a scam, and on the second hand they are performing illegal business. Whoops!! LOL
According to you. But then many attorneys think they have proven many cases and yet a jury may disagree.
I mean you talk about the pirate theme park, yet you have no idea about the works that are taking place. All you say is the park is still not done or maybe even started. There are many factors and issues to a large park of this sort. I mean, they spent 10 years trying to get started to change our highway. Are you saying the DOT is a scam if it takes that long?
I already know my point will mean nothing to you because it doesn't agree with you, but then I'm not a newbie according to you.
Here's a secret. I believe that PNMS doesn't need newbies. I believe that they need to make money. I believe they can offer a divy or something and it won't make a bit of difference what the share price.
So, none of this really makes any difference, not even lies. So why sell out on something that makes no difference? That is the part that puzzles me.
Maybe you have not read the board today....I believe nyquist or someone said they knew that a reverse split was going to happen.
Well, I think you should be the one that has to do the proving cause you are the one accusing.
Simple as that.
So are you saying two wrongs make a right based on your opinion that Pedro is wrong?
Despite that, I would have to agree you are probably right on that point.
I just get disgusted with the "superhero" sell and then all the rediculous rant. Maybe I live in a fake world, but in my world superheroes have integrity and operate at a much higher level. I have no problem with even the scanner posts, because it was pretty stupid. But there was a point to all of that that hardly gets told.
At some point in our lives we all have to decide based on something. I'm not here only for money, if I was I would have sold shares a long time ago. I have never sold one PNMS share. And if this jumped to 2 cents, I still don't think I will sell. I appreciate guys like 4God who have offered a ton extra.
Here's a thought, I have wasted more money on my ex wife, and she has way less potential!
I hope you understand that while I can disagree with you, or even partially agree, I can still like you and treat you with respect.
I actually would agree to a point....and that point is it doesn't justify producing blatent made up lies or name calling.
I couldn't agree more and I think many here can discern that.
Truly makes no difference what Pedro thinks, the comment is over the line and there is enough false unproven bias on this board that a case could be built.
Not exactly. You can twist the words of Pedro and MT but not me. I'm talking about an individual stating that they know information there is going to be a Reverse Split on a public board.
To me that is similar to yelling fire in a theatre and has nothing to do with free speech. If I was Pedro and had the money, I would make that person an example for the rest of you.