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Lisa Something right, just check out her other posts, she has been complaining for about 8 months now. She bought high and sold low, you can lose money on stock when you do that. I lost money up until yesterday, I didn't post crap to an inactive board every few days.
Someone here posted a few pumper websites the other day, I looked at all of them, I believe the last time any of them were given shares was November last year (and it was 200,000 shares by third party). Some promoters may latch onto the rise and do free promotion, so they can later tout their "picks", you know "We alerted you to this stock on X and it has increased by 150%" ...now buy this turd we happen to be promoting.
Big key here is the CMF has been negative since the first "buyout" PR on March 30th. You'll also notice that Mid-Feb is when they let their buddies in on the game (money flowing into the cheap shares .00x). The PRs have been churned out just to keep the price up while PGYC/co-conspirators continue to sell. I'm assuming there is also manipulation going on to keep up the share price. Like the .042 paint at EoD.
There is little chance that DeSantis ever received the shares he is purported to be selling. Even if he did, PGYC's own PR stated that the shares he received were restricted:
"In the many discussions and correspondence with Mr. De Santis, it was never a question of Tectane shareholders but rather himself personally and how much more shares he could obtain and even requested his shares be registered free trading and this request was denied and we believe this is the main cause for the disagreement"
http://ih.advfn.com/p.php?pid=nmona&cb=1242708749&article=37228473&symbol=NO^PGYC
So that only leaves PGYC selling. They were blaming it on "former corporate partners." a few months ago.
http://ih.advfn.com/p.php?pid=nmona&cb=1242710152&article=36443611&symbol=NO^PGYC
What did everyone get in at here (price)? Anyone still around that got in at .02 or less?
I own none, spotted it at .13 cents and thought no way it keeps going (up 6x already). Regretting that a bit (OK a LOT). I'm an SRSR owner so I had my chance awhile ago at the really low prices.
Anyone else thinking of Nelson's catch phrase from The Simpsons right now?
Click on "Trades" at top of this website. I did pay for Level II also. If you don't have paid account, you will get 15 minute delay.
3.7 million buys, 5.9 million sells. There are a lot of bag holders at the .05 - .06 area.
I need a new line of work:
SOCI: 700,000 = $770K
PPTO: 1,000,000 = $750K
HYGN: 13,000,000 = $260K
CVRG: 7,000,000 = 1,750K
= 3.53 Million for a couple months of promotional work.
This isn't the first cloned website, check out:
http://www.globaltectanetechnology.com/contact/index.htm
De Santis thinks this too is linked to PGYC:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37507508
First of all, I do not claim to be an expert (BTW, I could claim to be anything I want to, it's a message board on the internet).
I retyped the first part of the contract below. Just read it and decide for yourself.
My commentary:
1) License is for 2 technologies for rights in America.
2) Exchange shares for license
3) Conditions of the license agreement, note these are the conditions of lines 1) and 2).
(a) license agreement
(b) Tectane will honor the agreement; Nino is majority owner and has the rights to make the agreement.
(c) Both companies will obtain internal approval for the lease.
(d) "TTC shall register said License", said license was detailed in line 1. TTC will jointly file with PGYC for the necessary permits, approvals, etc... that pertain to this contract(in America). This is a new product in the US, I assume there are several things that need to happen to import a product from Canada and sell it in retail outlets (permits, approvals, etc...). Also note that it is worded as a single license "said License" not "said Licenses".
1) License Purchase: TTC proposes to sell a 99 year licensing agreement to PGYC. The agreement will pertain to (2) relevant technologies owned by TTC. The agreement will be for rights in America.
2. Consideration; The Existing shareholders of TTC shall receive 49 million newly issued restricted shares of PGYC.
3) Conditions to proposed license purchase: The license purchase is subject to and expressly conditioned upon the following:
(a) License Agreement Attached
(b) TTC shall consent to the license purchase agreement by PGYC, per Nino De Santis, Major Stock Holder and Sole Director, with Power of Attorney.
(c) The parties shall have obtained all Corporate Approvals necessary to consummate the licensing agreement.
(d) TTC shall register said License to PGYC and Jointly apply for all necessary permits, approvals, clearances and the Like.
As a simple BS check it is a good idea to take a look at a users profile and Post history.
Checklist for spotting BS:
The user signed up last week
The user only posts messages to PGYC (or other board)
The user has never asked a single question
The user only provides "answers" or pumps in their messages
Also note the website is a clone of a real company:
http://www.marmaraparts.com/default.asp?x=1
Open up both and compare the difference. Anyone want to contact the real company and ask them about their new clone site and PGYC?
http://www.marmaraparts.com/default.asp?x=14
I sent off emails to several at marmaraparts.com to check the status of the "new" website. I'll post if I get a reply.
Uhm, it means that they can only sell to customers in America, can't see any other way to read that. If your explanation were true, why didn't they just get a 99 year lease for Delaware and save themselves some cash/shares.
Not sure how people can keep looking past the fact that the two companies with PO's do not exist. Also note that these companies if they did exist would have to be in "America" since the agreement with Tectane (if valid) was a 99 year lease for license in "America". Any company willing to spend 100s of millions of dollars in the United States WILL have a website and a PR team/person.
As stated in agreement:
1) License Purchase: TTC proposes to sell a 99 year licensing agreement to PGYC. This agreement will pertain to two (2) relavent technologies owned by TTC. The agreement will be for rights in America.
So if these POs are in fact false, why would you then trust their other statements/emails?
I'm pretty sure the fbi would be checking up on say: PGYC/Tectane before worrying about an opinion or question posted on a message board. The reason there for all of the speculation is that there has been very little verifiable information coming from PGYC. If they would just give out verifiable details on pretty much anything, then the questions would go away.
Is there some sort of online canadian list of arrest warrants? I think I need a verified source, we have enough unverifiable info on here.
I can actually see them not releasing the name of the buyer, that is fine.
If they wanted to prove this is legit, just post the contact info for the companies behind the purchase orders. That simple. Obviously there is someone monitoring this board (based on the removal of the name from PDF). Soo, they have time to monitor boards but cannot get spare a moment to release a single verifiable bit of information.
Can someone post Tony Bisante's email address? I have the one they used for the email today.
http://shortsqueeze.com/?symbol=pgyc&submit=Short+Quote%99
There 71,600 shares short, it would take about 3 minutes to get out of those.
http://hilbroysecurities.com
A legitimate company, hmm.
from Linkedin (google search)
jean-francois amyot
Owner, hilbroy securities corp
Montreal, Canada Area
More facts:
I just went to http://www.patriotenergycorporation.com/ to check if was down from the post a few back.
If you notice, while loading it says connecting to "www.wams.ca" , if you look at the source it is in there too.
A lookup of wams.ca here:
http://whois.cira.ca/public/?domain=wams.ca
gives this info:
**************************
Domain name: wams.ca
Domain name status: EXIST
Domain number: 2422856
Approval date: 2008/08/09
Renewal date: 2009/08/09
Updated date: 2009/03/02
Registrar name: eNom Canada Corp.
Registrar number: 505567
Registrant name: Daniel Ryan
Registrant number: 2422854
Registrant description:
Administrative contact
Name: Daniel Ryan
Job title:
Postal address: 6020 Jeantalon
Montreal QC H1S1S1 Canada
Phone: +1.5142537000
Fax:
Email: daniel26nov@hotmail.com
Technical contact
Name: Daniel Ryan
Job title:
Postal address: 6020 Jeantalon
Montreal QC H1S1S1 Canada
Phone: +1.5142537000
Fax:
Email: daniel26nov@hotmail.com
Name servers:
DNS 1 hostname: ns1.host-care.com
DNS 2 hostname: ns2.host-care.com
DNS 3 hostname:
DNS 4 hostname:
DNS 5 hostname:
DNS 6 hostname:
***************************
I admit this was registered before Dan Ryan "left" but was also updated on March 2nd, 2009. Since Dan Ryan is the Point of Contact for this, he could pull/move this website anytime he wants to. Would you let a former owner of a company maintain control of your website? It's possibly this has not been updated, but another question out there for you all.
Another bonus, Dan Ryan's email address if anyone wants to ask him any questions.
I sold out again, I'm not playing anymore. Plenty of legit nasdaq/NYSE pennys out there that have a chance. I've spent waayyy too much time on this.
Some guy on Google finance said he visited the PGYC office and it's now gone. He posted a few weeks back about visiting it and it was obviously there then (I have no idea if there is any truth to this). Anyone in Toronto want to check it out, that would be the icing on the cake.
The Delta thing is due by end of month right? 90 days from Jan 30th? That would be April 30th? I missed the run by a day and bought some this afternoon. I was in this and sold out at .045 (I should have doubled down in hindsight, or at least kept some...) Was just thinking on Wedensday night I should get back in before the suit is settled...
Do all of you think the settlement is already priced in or not? I expect another 50%-100%+ run up if Mesa wins suit.
Thanks!
They have sent out at least one PR at 2:30EST on a Friday. You never know.
Volume is very low today. No big buys or sells.
735k buyers to 424k sellers.
I'm just watching from the sidelines again.
Hey, they did fix the typos/copied text in the now "active" filing. I guess the first one was a rough draft for investors to spellcheck and critique for them.
Of course it is just about useless now since they have added 800,000,000 shares (restricted or not).
Someone mentioned around $500 each, soo, that would equal a little more than 10000 shares per PR, at this price. So with 800,000,000 new shares, I'd say look forward to at most 80,000 PRs. (kiddn here)
They PR'd another fake company. How's the saying go, fool me once, fool me twice. Unless they are purposely keeping the price down to buy their 32 million shares (which is also illegal I assume)...
Toshent Overseas google search only results in links to this PR.
The russian translation of "Toshent Overseas" results in no hits.
Most of the super positive people have been here for months i.e. are up %100-%1500 (or are board admins). It's easy to be positive while up big... I know some are positive and are down, but that is difficult with all of the questions.
I was able to get out with a little profit (otherwise I'd be down %50+ right now). I bought 1/3 of my position back on Friday, anything other then a "it's off" PR from this point should bring the PPS up. There are still a number of questions out there that need to be answered (a simple answer to "who is TI" would bring this up to .1 immediately). With the price somewhat settling down at $.03, the risk has subsided for now.
I think just about every company will take free advertising in exchange for a couple dozen phone calls/emails (well maybe a few hundred). In most deals like this, the PR would be released from both companies, or at least with contact info for both companies would be included.
If details of this deal were out, the price would not be .03, it would be at lease .1 simply based on the deal / future earnings. IMO
If they want to increase credibility, release details on on the Ti Innovations contract.
I suppose this is like a Friday, so we should see something by 3:30 Eastern.
I had the same response from I assume his personal email account. It's a small company they may just have all of their email forwarded from their tectane.com accounts.
You should also note that the agreement with Tectane is/was only for USA distribution (even if it were complete). So that would have to be a company with 100million+ in revenue without a website, in the United States.
I hope that you have 1.4 million in your trading account (you know... not more then 10% on any single stock).
Who is "Ti Innovations"?
Since someone is listing, please give out the contact info for this company (and real name if not Ti Innovations). This would further represent the validity of the buyout offer.
You'd have to ask him I guess, put I'd put the likelyhood of that being true at 99%. You'd think he could help answer a few questions?
Email them... anyone can fake a header. At least two others on this board have gotten the same response.
If this presses Patriot to provide details all the better. I own a few shares still (token amount), I had a large position until Monday morning. Patriot sure is putting a lot of effort into this. The more effort they put in, the bigger the hole they are digging for themselves if it is fake.
I'm starting to believe that there is a buyer, oddly enough. There are still a large number of questions that need to be answered before I'll think about geting back in. For now I'll just watch.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36858297
nlightn sent me a PM saying he recieved the same reply from Tectane.
Email Tectane if you want to verify it.
If the deal were for real, it really would not matter what the share price is, because on May 22nd it will be worth $.42 (for investors and for Patriot). Do you think they are sending out PRs for our benefit, to let use "get in" and make a bunch of money? The only reason they would want the price to increase would be to sell shares prior to the buyout (to raise capital as Paul put it), why would a company need to sell shares when there is a garunteed .42 in May?
It's possible they are pumping it in order to raise capital to actually close the deal with Tectane. They currently have no agreement (per my emails with Tectane), so if they truely do have a buyer, they are selling something they do not even own yet. They would have to close the deal with Tectane prior to being bought out.
This brings up another hole in the story, why wouldn't the buyer just go directly to Tectane and cut Patriot out all together, I don't see any "value add" provided by Patriot?
I was debating on when to post this... but with the possibility of 1 billion shares now... Here goes, I emailed basically everyone at Tectane. Nick De Santis (the CEO) responded personally. I basically asked how the agreements were structured, who would be manufacturing the actual devices, etc... This is his response:
**********************************************
NOTICE:
Agreements with Patriot are pending and not completed. Announcements have been made without the Approval of Tectane.
N. De Santis
C.E.O.
Tectane
**********************************************
I followed it up with a few questions:
Does Tectane plan on addressing this issue? ..... Since they do not have the rights to do so, if there were a company interested they could just license directly from Tectane?
Reply:
**********************************************
TECTANE has notified Patriot to Stop all Announcements. Yes, a Company could License directly from Tectane.
N. De Santis
C.E.O.
Tectane
**********************************************
There are a number of scenarios you could come up with based on this info:
1) There is no buyer, just more shares to sell.
2) There is a buyer who is being mislead, and could get a better deal by just contacting Tectane. The buyers due diligence may determine this at any time.
3) Patriot negotiated a very good deal with Tectane that no-one else can get (worth 84 million+), they just have not payed for it yet (thus the comment Paul M. made about the additional 50 million preferred shares for Tectane, etc...).
4) Patriot offers some other benefit for the buyer that Tectane cannot.
5)???
If you want to verify this, email or call them, all of their contact info is on their website. These are the facts, this may get deleted, but those that see it can verify this with Tectane. He responded to my emails within a couple of hours. I assume he'll get back to you pretty fast assuming he does not get hit with hundreds of emails.
Sold out this morning for a 10% gain (was a bag holder last week). I should have just sold it all at open but sold it in 4 separate orders, just in case the morning run kept going somehow, my bad. I did keep 250 just to see if they actually continue this and send out a vote. So I now have ~$15 riding on this...update, now it's $9.25.