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That is great luck. If I had tradable shares I would dump them all at .0001. IMO the PPS will drop at least 50% post R/S.
Good they just saved at least 50%
Why does that matter we knew this was coming.
Yup someone is forking alot of cash out on this one. Look at the volume. ABOUT $100 INVESTED SO FAR.
Agreed. I will not buy anymore until after the R/S. I beleive we will be able to at least buy at half price from this PPS.
I was just going through some old numbers for PNMS on pinksheets.com
Intresting that MT was claiming over 100X the profit in 1 year. What a freaking scammer!!!!!!!
Here are the numbers MT claimed:
For Dec. 2005 For Dec. 2006
$ 663,036 $107,327,342
This is because most of the OS is not tradable!!!!!
Been waiting to buy here. Looks like if these guys don't release some number soon I will be buying in the trips.
Trust Pedro with what? He is not CEO, he is not on the BOD and some here are claiming he is no longer an investor. So what does Pedro have to do with PNMS anymore and what has Pedro ever done to bring any value to PNMS the last 3-4 years? Answer=NOTHING
They have never claimed this money as a line of credit. Where did you hear this from? This money has always been claimed as revs on the books profit. Pedro even used these numbers to form a EPS price.
No way . MT PR'd that and I have never believed it. Why would anyone pay 4 cents per share for a stock that was trading at .001-.002. Another MT lie!!!!!
He owns 2 Billion shares.
I have NEVER made excusses for Pedro. My point as always is that MT was the one running this this on a day to day basis and that Pedro was only involed mainly as an investor (except for the few months he was CEO). MT and Theresa were the ones that pulled this scam on investors and I have the emails and other documentations to prove it.
Once again here is Pedro's claim and as you can see this money is not a line of credit it a line of CRAP!!!! Pedro has the ball in his court if he has the dough then show us the money. We have been saying this for 3-4 years now and yet still nothing no evidence, NOTHING!!!!!
III.- Financial Highlights pnms:PK for 2007
Period Ending Period Ending
12/31/2007 12/31/2006
Net Assets: USD$216,758,123.00 USD$107,327,342.00
Net Revenues: USD$98,856,095.00 USD$27,397,406.00
Increase in net assets over 2006: USD$109,430,781.00 (Up 102%)
Increase in Net Revenues over 2006: 71,458,689.00 (Up 261%)
Issued and outstanding shares: 5,629,810,600 (shares)
Earnings per share: USD$0.0176
Value Per Share: USD$0.0385
That post is the most rediculous post I have read this month. The company was claiming this as an asset on their financails, but they could never verify or prove that they had the money. There have been no projects started, pirate theme park, corbi land deal, gold refinement or anything that has ever been claimed to be the focus of this company. Of couse this is all the work of MT. Bottom line is they have done nothing but CLAIM to have this money or line of credit. Who would loan this company a penny let alone $200 million. ANYONE ANYWHERE CAN CLAIM ANYTHING!!
There is no evidience anywhere that this $200 million is even real. I have a hard time believing that if MT as the CEO had access to anymore money then he did he would have found a way to put it into his own pocket. Again there has never been anything that could convince anyone that this money is real. The only thing that is known is that Pedro says it is real. But a company that claims to have $200 million and can't use it or access it well it is a pretty clear picture that this has just simpley been made up. But as I have said in previous posts this does not matter to me I want to see this new RM and see if this new company that is being created will have any $$$$$$$$$$$.
Yep another huge $1000 day!!!!!!
Agreed but Pedro still claims that Around $200 million belong to PNMS.PK and of course there is no evidence of this. The company has always acted broke and very unprofesional. MT was the leader in this. Pedro has always been on the sidelines except when he was the CEO for a few months and I pointed out a couple weeks ago that Pedro accomplished everything he had PR'd he would do when he was CEO. I am not saying that Pedro is 100% innocent here but from my connections he had much bigger and better things to do then to rap himself up in a STINKY PINKY. Of course he is still the majority shareholder but I don't think the past matters much with this news you will be seeing soon.
It will work this time only if they show us the money!!! AF's and nothing less.
This is the MT special!! MT was cliaming assets that were never even part of PNMS.PK. He claimed cash, assets and $750 Million in gold that belonged to the foundation as his own.
It has not been completed yet but was discussed at the shareholders meeting alone with the new BOD.
120K to be exact. What else am I to do? MT has no money. Even if he is found guilty in court he has no money he would only serve prision time. The SEC has plenty of info on this guy and I understand that they are still investigating him. If not the IRS will be after him as soon as they see the 1099 he has been given for all of the money he spent. I just went through this whole process with the CEO from CKYS.PK. I had the FBI and the US attorney at my home a few times but bottom line is they are the ones that will have to arrest and charge MT with a crime.
Not sure but it will happen soon. Bottom line is ANYTHING or any company would be better then what they have now. Whatever they do it will have to be fully transparent and audited.
What else is there to do.
MT and freinds did the ripping off. They are now gone.
Your right but MT is gone and this is a pink. Unless you can get the SEC or FBI to arrest MT for securities fraud he will walk free. Bottom line is that you will see a RM soon and I believe a name change.
Believe me I know PNMS.PK has no money and no assets but we are here with an empty shell that is about to go through a RM. This new company as you will see will have cash and assets and a huge upside potential. Again I will buy more here after the R/S.
It is not whether it is official or not it is whether you believe the numbers the company will be putting out. Very few pinks report or file 8K/10K'S. This is pinky land. High risk high reward.
No, lets sell the $750 million in gold that they claim to have(Now well over $800 million with gold over $1100 per ounce)and split this between all of the current shareholders.
Someone is paying for it!!
The only way they can pull this off is with AF's period. No matter what numbers get thrown around they must be audited by a SEC CPA firm.
Acually we can agree on 2 things. MT is a liar and the Cowboys are headed to the superbowl!!!!!!!
I agree MT and Thersa should both be in prision for a long time. The evidence I have agianst them alone would put them away for awhile. Bottom line is that this is a pink and not many are brought to justice in pinky land. I know that there is an ongoing investigation regarding MT and that he is about to receive a huge 1099 form for the money he used while he was CEO and this will put the IRS after him. As far as the company taking a new direction nothing is in stone when it comes to success. The new CEO and the new BOD have many challenges ahead but in pinky land earnings rule all. If they come out with just fluff then this thing is over. We must see AF's ASAP and I beleive this is being worked on right now.
You are completly wrong here. Major changes were made at the shareholders meeting. These changes will be announced publically soon in a real PR. You will also see a reporting a company soon. You can continue to think that this is the same company MT flushed down the toilet but it is not. IMO we will start to see some of this new info next week or two.
All because MT is a liar. Now we have a shell with shares that will be traded and a new CEO. Pedro is no longer CEO or on the BOD. The past is the past and this is heading in a new direction period. You can continue to call this what you want. There is no doubt this was a scam but now that the liar is gone and we will soon have a new company here the story has changed. There is no argument here. NEW COMPANY, NEW CEO, NEW DIRECTION.
And you know this how?
I agree MT should be in prison for 10-20 years for the fraud and lies.
Then don't buy any!!!!
I agree. This whole company is an IF as you say but with MT gone it may still have a chance to gain some traction if it develops into a new company.
IRA shares will be part of the R/S.