From date of inception to July 31, 2008, net loss of $34,219,049

According to the last 10Q.

Pink sheet stocks are THE place to be suspicious. PDGT is a pink sheet stock and Pinksheets.com gives it the "Stop" symbol which according to Pinksheets.com means this, "Indicates companies that are not able or willing to provide disclosure to the public markets - either to a regulator, an exchange or Pink OTC Markets. Companies in this category do not make Current Information available via the OTC Disclosure and News Service, or if they do, the available information is older than six months. This category includes defunct companies that have ceased operations as well as 'dark' companies and/or companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky."

Now, PDGT has said that they intend to release a balance sheet and income statement. If they do so by EOY as they intend to then IMO this should bode well for the company and maybe eventually Pinksheets.com will upgrade their rating of PDGT.

That would be a good question to ask PDGT, "How does PDGT intend to upgrade their rating on Pinksheets.com?"

DanBB, anyone attacking you for asking reasonable questions about a pink sheet company that you've taken interest in is IMO, suspect themself. Keep up the efforts in DD. Granted, with most companies it's not required because of all the financial info available. However, if there should be any place it's okay to ask questions, it should be here.

Let's all try to be level headed and fair in our approach. I'm ready for a rocket ship to take my shares to the moon but let it be based on merit of the company... not some circus.

Okay, I had to edit this after looking at the site some more. The $187K tax is assuming a few things. It's assuming that all 1.5B shares are issues. There are some other variables to factor in and since I (and nobody here as far as I know) don't know all the variables I can't say for sure what the actual tax would be.

The tax could be just a few thousand dollars... like less than $10K.

However, shareholders do deserve some clarification on this.

I still want to buy more of this company. I'm excited. But you know, the more comfort level the better :)

https://delecorp.delaware.gov/eCorp/LoginAnnualReportsCLF

3555274

Oh, no need to sugar coat... Your info is welcome. Some folks here may not like it but that's too bad.

So... they "have no plans whatsoever" to R/S for "unforseeable" future. Isn't the future always unforseeable? LOL

Okay, so we know what they don't have plans for in the future that they can't predict. What are their plans in the foreseeable future?

No wonder this went back to .0001. Who's going to buy stock from a company claiming to have plans in the unforseeable future. WTF?

From: http://www.paradigmglobalproducts.com/investor.html

"The company intends to expand this reporting by year end to include an Income Statement and a Balance Sheet. The company will continue to provide timely release of material news as it occurs."

ahh, lol. good one.

were you serious about buying 100M shares of PDGT?

Just one note on that... I also work for the gov't and I know sometimes we do GPC purchases which I don't think get counted in the same gov't contracts site. Usually, the limit on GPC purchases is $2,500. So it's possible for PDGT to have had other sales to the gov't that didn't get tracked under the contracts site. imo

very nice site

Link to DHS pdf about the testing including links to where the reports are: http://www.ojp.usdoj.gov/odp/docs/info168.pdf

So far, I haven't found any links to actual reports involving products made by PDGT.

OTCQX by EOY 2009 would be just fine with me, actually.

Decent on-topic articles about radiation detection technology and what DHS and TSA are doing:

http://findarticles.com/p/articles/mi_m0QXQ/is_2008_June_23/ai_n27892206?tag=content;col1

http://www.dhs.gov/xnews/releases/press_release_0274.shtm

http://www.sandia.gov/mission/homeland/factsheets/new05/Detection.Technologies.pdf

http://findarticles.com/p/articles/mi_m0EIN/is_2007_August_1/ai_n27329201

http://ronbeas2.blogspot.com/2007/11/mystery-surrounding-tsa-systems.html

probably: 978-702-9106

I actually got up the nerve to call a company in the past. I was all nerves of course. I got more confident after I saw how aversive that other company was.

Anyways, I'll give it some more time before my suspiciouns are bad enough. Hopefully the company will shut everyone up before that starts happening.

lol

Very nice. Thank you, Pennypicks.

G

I agree. But it still sounds a little wierd.

I guess any reasonable disclosure at this time about the research and development facilities that wouldn't actually interfere with operations may be beneficial to investors and the company.

If they get a big name product mover that's tied in with big sales for other businesses that's a big deal. But financial reporting on actual sales by that master distributor is what we need as investors.

Even internal posting of balance sheets and income statetments which they've said they'll post will be huge since they can be held accountable for information they release to investors.

IMO

This is interesting:

Stockinsider said, "And BTW, PDGT is still using the Georgetown, MA address - have you visited it??? Seems empty to me but again I have been there so don't believe me. Ask some of the other store front owners what is going on with that office and see for yourself. Just sayin'. All in my opinion after a visit there. Do your own due diligence as always.

Oh yes, almost forgot - the CEO's contact phone information is a Florida area code and PDGT's office is in MA. Seems a little unusual to me."

The company says it intends to release an income statement and balance sheet by year end.

The whole purpose of having a publicly traded company is to have stocks available for sale as a method for generating $$$ for management to use to grow the company by R&D, advertising/sales, infrastructure growth, etc.

The purchase of stocks by investors is largely determined by percieved risk vs return on investment.

Transparency of the company largely determines investor's percieved risk. So far, PDGT seems to be on the road to improved reporting. Although, it also seems like they are dangling a carrot.

With the amount of information available at this time it seems very difficult to determine a precise cost per share. many guesses could be ventured. Successful litigation of a $5M lawsuit could really boost the price per share. Especially when a 200M reduction in O/S is expected to begin in January.

How about some speculation?

If verifiable contracts/sales revenue since inception could be perceived to be valued at $2M and the lawsuit were to be effective $5M perhaps the company may have retained net earnings of $6M. divide divide the wishful thinking net earnings of $6M by a post buy back O/S of roughly 600M and you're left with a EPS of .01. Then there are multipliers... which I really don't understand atm... I'm imagining multipliers come into existance by percieved business legitmacy and future business profitability.

I just wanted to speculate...

I imagine PennyPicks could give a far more accurate picture of revenues based on all the mountains of DD he's posted in the past.

Time to walk away and see what this looks like in a year. /sigh

Thanks, VTP. I hope this company does well.

Last "quarterly" OS report was July 10. So an updated quarterly report should be coming soon.

From their website, "The company intends to expand this reporting by year end to include an Income Statement and a Balance Sheet."

Should be interesting.

Thanks again for the warm welcome. Good to see you are standing strong.

I met a Tina Marie in Alaska... owned a club/bowling alley... Segway...

I'm Mae's son...

So are the nails in this coffin yet? What's the latest on this debacle?

FUD IMO

I think some FUD is being spread and the PPS will be off to the races soon...

Someone shoot this horse, it was dead long ago.

It's March. Financials were expected at the end of Jan... then the end of Feb... Now what?

http://www.iphone2.com/press_releases.php

Is this the new reverse merger for SLJB? lol

poor earnings IMO...

Yeah, just like when SLJB was going to post financials.

Maybe when the gov't steps in and forces transparency or stricter regulations.

Maybe you could stop attacking people's opinions and stay on topic.

Reminds me of the SLJB CEO that said he was duped... Not a quality you like to see in CEO's.

Quite the spread there lol... You can buy it for more than twice what you can sell it. BRILLIANT!

lol

Great, can I make some money now? lol... go PDGT! woooo /sigh

You are relentless.

Yeah, well I'm still awaiting the final outcome and of course clinging to a tiny shred of hope in my heart. I'm a realist, though and have to say the outlook does not look good.

My opinion isn't changed about most of the BS that's been posted here. And I think there are plenty of other stocks that are far more worthy of speculation now that SLJB would seem to be on it's last legs.