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How come your uncle Gerry isn't printing any .0002's this week? Did he have an epiphany that he may be in too deep this time?...Makes you wonder.
We have traded around 7 billion shares since the reverse split last year when the float was just over 5 million shares. Since they haven't filed to sell any new shares since last year when the AS was at 2.5 billion, I think it's save to assume the max OS is 2.5 billion, with a max of 2.2 billion in the float (counting Dror's 300 million or so shares-unless he has miracously printed more for himself). So along with dilution over the last year, I think it's reasonable to think we've had a minimum of 1 billion shares shorted. So with this bloated float, its pretty easy to see why we are sitting at .0004 when they have announced 3 million in sales. Dror can announce another sale, but until he cleans up the share structure, the big short here has no reason to buy. All imo.
We need Mr. Dror to start buying back some shares now to get this thing moving. imo
Unless they got the Abilene money, which I highly doubt since they would be bragging about it on the website, I don't think there is anyway they would have the money for it. So I don't believe a word of it. Just more of the same BS put on the website.
Jeffy has a new fairy tale on the website...Looks like the eagle will soar in 2009. LMAO
Our Gold and Platinum interest are about to do well for us. A carried interest in a major Platinum mine will be producing soon. Gold and other minerals we have an interest in will be developing yet this year. Outlook for 2009 is for us to receive income from mining activities.
Canadian or US account?
It may have been too low, but it is quite disappointing to see how slow they are moving to get this on the OTC board. They only finished the financials, so we are probably looking at a minimum of another three months on the grey sheets, which means no trading and dead money. All imo.
What have the shares been 100% exchanged for? I have etrade and they are still showing DBYC.
The only thing I know is that we are still trading on the grey sheets, which has been around 5 months, and we are waiting to hear if PTSH is going to sell DBYC. I thought we would have heard by now.
I was as polite as someone can get, who has been sitting on dead money for a couple of years.
yorkie, I emailed the company back three months ago, and asked when they were going to have updates on all these ventures (water, oil, eagle has landed, etc.) they came up with, and all I got back was a very unprofessional email, that said something like, we'll update everyone when we are ready. One sentence is all they could write back to me. So unless you got something more professional than that, these jokers have nada. All imo.
It's strange that the bid is holding though.
Only have NITE on the ask at .0002.
There actually was a bid at .0001 this morning very, very, briefly with about 3 market makers, and someone dumped fast to make it disappear. Probably Jeff needing some basic necessities like rent, electricity, et. All imo.
News out.
PTS, Inc. Studies Offer for Its Stake in Disability Access Corporation (DBYC)
Monday September 8, 9:00 am ET
LAS VEGAS--(BUSINESS WIRE)--As previously announced, PTS, Inc. (OTCBB:PTSH - News) has received an offer for all its shares of Disability Access Corporation (Pink Sheets:DBYC - News), which wholly owns its subsidiary, Disability Access Consultants, Inc. (DAC).
This was an unsolicited offer, and the offer is from Research Capital, Inc. (RCI), which is a subsidiary of Granite Energy, Inc. (Pink Sheets:GNGI - News). RCI’s solicitation suggests the value of RCI’s offer for PTS’s share position in DBYC.PK and in DAC is at $2,100,000.
PTS, Inc.’s management has been evaluating this offer and though management had expected to be referring the offer to the Board of Directors of PTS, Inc. for its subsequent disposition, PTS. Inc.’s management is continuing to study the offer and perform additional “due diligence.”
PTS, Inc.’s management will also be meeting with members of RCI’s management this week to discuss various aspects of the offer. Subsequently on completion of the analysis of the offer, PTS, Inc.’s management will refer the offer with its associated analysis to the Board of Directors of PTS, Inc. Should there be any substantive changes to the offer during this review period, PTS, Inc. will promptly announce accordingly.
PTS, Inc. is the majority shareholder in DBYC.PK.
1 left (DOMS) at .0003.
Someone just took out NITE at .0003. Funny how it didn't take many shares.
AUTO and DOMS left at .0003
Yes, it's called dilution. REGDEX was filed on July 23.
Well, it certainly is pretty clear that IDCN has absolutely nothing better to do with their time than to post about Obama on their website. The Africa & Asia tab was replaced with Election Info...LMAO. Great job Jeff and Ken! Can you put up some baseball scores so I don't have to go to espn?
I am not sure as the PR makes it sound as if the deal is for stock and cash...Seems like we are going to have to wait until the 8th to find out more. I might try and contact investor relations to understand this better. GL
Even better! Hope they pull the trigger and agree to the deal. I guess we only have another week and a half to wait.
stocker25, After reading the press release again, it may mean that the $2,100,000 is just for PTS's share position in DBYC.PK, so the per share offer might be higher than the .0095. I am not sure how many of the 2.2 billion shares of DBYC is owned by PTSH. Reading this statement below from the press release makes it sound like the 2.1 million dollars is the value of PTSH's stake.
"RCI's solicitation suggests the value of RCI's offer for PTS's share position in DBYC.PK and in DAC is at $2,100,000."
Thoughts?
The press release said 2,100,000 so I calculate:
2,100,000/2,216,270,800 = .00095
Seems real good to me since we are stuck on the grey market. Plus we haven't seen .00095 for a price in a long time even when we were on the pinks. So I am all for it.
Yeah, I'll take the share exchange too. Even news like this can't get much buying because of being stuck in the grey market. Hopefully the board will approve this on the 8th.
I don't think it has changed since then, since the stock got suspended and went to the grey market shortly after. Looks like the offer will be about .0009 if the OS is at the 2.2 billion. Sign me up!
redhawk, since you are a new member to IHUB, sign up for the 2 week free trial on IHUB, so you can send private messages. Send your email address to captainmoti that way if you don't want anyone to see it on this board. If you don't mind anyone seeing it, post your email here and I will send you his info.
Abdul, when it comes to posts about the Calgary boys and how they relate to PRMO, any insinuation of vulgarity should be allowed, since they have F%^&*D with shareholders for 2 years. All imo.
spidy, I'm thinking that you are right in that Winmax is the main contact for the transfer agent. I've always found it funny that the transfer agent has said that they can get in trouble with the SEC by giving out the OS, yet they don't even have the right contact information for the company.
BTW, 5.59 billion shares traded since the beginning of Oct. 07.
Is anyone out there who could post L2?
Thx in advance
snapshot, I saw a 5 million buy this afternoon.
gonzilee, why are you so concerned with Prom so much if you don't own the stock?
WNMX up, PRMO down.
I looked up a couple of corporations in Florida, who are active and have filed annual reports this year, and they only show the same type of first page as the one showing on Prom's. I'm thinking Prom filed the annual report, but the Florida website doesn't post the document. I guess we'll be waiting for it to show up on the Prom website or on pinksheets if they ever clear things up there. I guess that's the name of the game with Dror and Gerry...Wait, and then wait some more.
Are they really required to file an annual report with the state of Florida since they never did it last year?
roiresearch, Prom never filed their annual report last year with the state of Florida. They only had put it up on their website, so this 1-page change of address may be the only thing we are going to see until they PR something.
I hear you on that.
New blurb on the website...
It seems everyone's most hated "asset," the U.S. dollar, is heading north.
The Crude Oil vs. USD correlation is changing.
The all-time low (measured by the U.S. dollar index) came when crude oil was around US$104 per barrel that's cheap in light of today's pricing. Since then, oil prices have climbed 44% and the dollar has actually rallied slightly.
The Crude:Dollar Carry Trade is fading fast.
Conclusion: Dollar will rise and Oil will be relatively higher causing worldwide real costs to be higher. Slowing the growth rate in many developing countries. The demand for distillate will still grow as India's Tata will make one million cheap cars per year selling at $2500.
Oil Services should be bought as we must continue to look for oil. We are actively developing an Oil Field Service business.
Looks like that's 5.9 million shares for the day so far.
hey crazyj, we just got one at 10:46 for 1.48 million. First of the day.
That's what I was thinking and hoping on those w trades:) Hope Dror has been buying back at these prices.