Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I plagiarize all my original thoughts. ;)
OT - viki...
All pastors are bad some times. We're people too and just as screwed up as everyone else. But I think I know what you mean. I don't even care to make millions. I just want a house paid off, my wife not to have to work so she can do what she loves and stay home with the kids, and for me to tell my church, "Hey, don't worry about paying me a salary..." since they can't afford it anyway. There's also a few kids in India that deserve better than scabies, one change of clothes and sleeping on the floor.
Anyway, I promise to try to be "good." Subject change for now though, okay?
Boooo....
Sigh.
Ren
PS Einstein did help the logical side of me come to terms with the Creation account in Genesis though...
OT - viki
My back ground is in sales...banking, Real Estate, mortgages, development, insurance etc.
My heart is in ministry, which I left full time service 2.5 years ago because God sent me a burning bush though my heart is to plant a church within the next 5 years...
20% of my PBLS shares now are .006ers. It was 50% .006. If I hadn't averaged down and sold into the runs I would be very frustrated. Moral of the story, take profits, hit the sell button...only way to survive this pinky world...
Yes, I will amend that to include CKYS and SLJB analogies.
All CKYS or SLJB comparison posts will be deleted as OT-
I just lost a $150M developer loan that would have paid me 1.5% broker fee...
BTW I figured out our problem...
According to Einstein, if an object moves at the speed of light, time essentially stands still, as the passage of time is dependent upon velocity.
Therefore, the Bayou Boys have begun acquiring companies so quickly, they we are essentially all now moving at the speed of light.
So in essence, 'soon' will never come.
Sigh.
Ren
PS Hi, I'm Mike and I'm a PBLSaholic. I own approx. 10M shares right now and have been for almost 18 months waiting for 'soon' to come.
I am tired of SLJB comparisons however "right" some might think they are. From this point on I will delete them all as OT-
I don't get paid to be the mod so I can power trip to some extent whether you guys and gals like to or not. I am doing my best to run a balanced board as you can tell by me posting the O/S numbers. If you don't like me deleting a post, nothing personal, but I don't care. PM iHub admin about it.
Ren
PS Can you tell what kind of day I am having?
They can't be selling into the market daily. I called yesterday and no change. And today +50M. We didn't do enough volume yesterday for them to have sold that many shares.
PS Don't shoot anybody. Prison is not fun from what I hear...
Don't shoot the messenger...
O/S 2,026,527,511.
I guess we know why the pps is down and looks like I owe Bluefish an apology. 50M shares more in the O/S. They couldn't have sold them yesterday...maybe they used them for an acquisition...but guess what, WE STILL DON'T KNOW ANYTHING.
# of Registered Shareholders - they refer back to the company, which is what she says Atlas does for all of the companies they represent. She said the # of Reg. Shareholders requires them to print out a huge list which takes enormous time. I asked if I could pay for the service. She said she would prefer I call the company first, and if they give permission, she would take the time to put the list together. I'm not going to waste my time calling the company.
Ren
OT - Viki
The books for One Flew Over... and Catch-22 are both much better than the movies IMO.
I haven't but will when I call later today...
Or they are working with a big buyer to help them accumulate without sky rocketing the pps.
Which I guess is still manipulation.
To quote Heller's "Catch-22"...Where are the Paul Alonzo's of yesteryear?
(I think that as one final twist the truth will come out that PA was invaded by aliens who snatched his brain)
((OR he'll be normal and we win))
(((sigh)))
No, not at all. Everyone's human, but we still have to maintain professionalism when we suit up for work no matter what the client is like.
Wasn't attacking. Sorry if it came off that way. I just try to put myself in Mulshine's shoes and think about how frustrating it must be to act as IR for our little "quiet" company.
Okay, new subject...
We're all silly aren't we. Pps down. Board sentiment down. Another day wasting time for "soon." Looks like "soon" comes in November now...
PS Sorry about Mulshine. There is no excuse for that (unless of course you said something completely derrogatory in your email that you are not telling us.)
That would be incorrect.
They can sell preferreds without us knowing. But if they do a private placement or if they use restricted for an acquisition, they have to account for that in the O/S with the TA.
Ted...
I agree just a little but there's a couple major problems with your logic.
If the purpose of the share structure is to provide an end run around any share count, then you are basically saying they have no intention but to dilute more common.
If that is the case, they would be selling shares to buy, buy, and buy some more companies. But with each conversion to Preferred II share, a quarterly dividend is now due. This would be self defeating for two reasons:
First, to future acquisitions unless they pay cash for future acquisitions (what company would want shares in exchange for their company from a company that is increasingly dilutive?).
Second, because of the cash flow problem it would create. What you are claiming is a modest possibility in the short term but could not in realty go on to the extent you claim. Why? Because of liquidity, plain and simple. If they are selling shares to raise cash because the entire company is a scam, eventually most of that cash would have to go into quarterly dividends for the Preferred IIs. What would be the point for the company then?
Also, the preferred conversion is currently for a limited time though it could be extended again. But it could not be extended indefinitely. If it was, it would be a red flag to those looking to exchange to preferred.
Also, how do you know for certain that the shares converted into Preferred IIs are not retired? Oh right, forgot, we don't know much of anything...
So you're basically saying that you arbitrarily assign "names" to intra-day "indicators" and came up with the theory that the company/insiders sold shares today on the open market?
Saying the company sold in the past is probable.
Saying the company sold today means that you need to change the name of your indicators because you're wrong and the TA says so.
Good luck with that though. When you perfect it, I'll try it. Today, I seem to be having better luck being right with two of my old fashioned indicators...plain old luck and a little logic.
That's amazing that you can determine that from using the same limited to no information that we all have, low volume and an consistent if not decreasing O/S since the TA was ungagged...must be a TA conspiracy against us uniting with the Bayou Boys and the evil NSSers to dilute this to oblivion.
Zillow is a decent site but the comps are almost always way out of whack in markets that are seeing rapid shifts in pricing. So use it accordingly. The best way to determine prices is to average out the price per square foot for homes sold (don't even consider the listing price) within the last 12 months in the neighborhood or within about a mile. This information can typically be accessed through a local city/county website.
I'm just speculating based on the Preferred Conversion extension. What incentive do they have to run it before Nov. 30th? I'm sure we will see .03-.04, but I'm not counting on anything higher than that. Otherwise, why take the conversion deal?
Sorry, we're going to have to extend that until the end of November sir.
Your typo has me confused. What are you driving at? I'm a public school kid and therefore a bit slow...
Bimini is okay. It's definitely one of the nicer Bahamian islands if you are after the island lifestyle without all the tourist BS. Coolest thing there is the Earnest Hemingway museum. Now that dude knew how to fish...going after bill fish with a couple of buddies, a couple of beers and a Tommy gun to shoot sharks from the deck. That's my kind of fishing...
One of our big YoungLife supporters is a shrink. I get the out of date Wellbutrin samples for free. They work at least 22% of the time with PBLS-related depression...They work 90% of the time when dealing with today's youth...
Same conversation that my wife and I had last year after the drop from .03.
Of course I didn't tell her that I doubled down at .006. One of the best trades of my life and has allowed me to "earn" back some of that "lost" PBLS money.
We hit sub-penny I will do it again. Shhhh...don't tell her. She thinks this is all like playing Fantasy Football anyway...
Agreed. I know I sure could use the encouragement here. Though this might be the day we test the 200 day MA. As long as we close at or above the 50 day MA I will be not need to increase my Wellbutrin dosage.
And there you have it...
I still think that they are purposefully holding back on releasing the bigger names associated with the partners. Again, maybe just to allow them to acquire cheaper on the open market. However, if that's what they wanted to do, why not just sell them all the shares in a Private Placement...unless part of what Prumoto and Company have to agree to is to buy on the open market if PBLS allows them so manner of control. Besides, something must look decent with the "bigger picture" if folks like Prumoto and these small companies keep selling out/buying in for equities. With Prumoto's connections I would not be surprised that IF they ever produced AF's, institutional money would flow in soon after.
I think I speak for all of us when I say that our biggest frustration isn't with the apparent growth in the company, it's that we are left out of knowing the bigger picture.
We're being left out for either a good reason or a bad. How's that for a logical deduction...
She can't buy them from the company at least...
Just called the TA...O/S still 1,976,174,573.
OT - Gnulnx
I lost complete respect for Cramer after his melt down last week. Complete selfishness disguised as a plea for the common man IMO.
Wait a minute, I didn't respect Jim Cramer before...oh well, I'll try his cell phone...
What do you know...un-muted CNBC during lunch and what are they talking about? Coal stocks, and how many funds are moving into coal stocks and anything natural resources based...hmmm...
Approx. 85 trading days from the first of August (when the "partners are buying 1B shares" PR came out) and the end of November (when the Preferred conversion opportunity expires).
We're averaging between 10-20M shares a day right now (removing the 2 high volume days from the beginning of August). If they plan on buying even 1/2 of those on the open market (supposing that they received the other 500M from a private placement), they would still be buying approx. 6M shares a day on the open market. To me it seems that they should be able to do that without moving the pps much, especially if they work with an MM and buy between the Bid and Ask.
So I wonder what is going to happen to make the partners suspect they will pay between .06-.10 on average per share? Whatever it is, it's going to have to be bigger news than ungagging the TA and a $6B contract...
If I only had a brain and some courage and the heart to ask...
Sorry. Bored again. Off to do some real work since it looks like for today at least I have to keep working...;)
BTW Welcome Desertjackel and Crad.
Welcome back my friends to the show that never ends.
We're so glad you could attend.
Come inside! Come inside!
OT - Lake
"Anointest my head with conductant. Do I get a crown of thorns?" Ken Kesey - One Flew Over the Cuckoo's Nest
OT - lake...
WHAT? You want your pps to increase? Deatils on PRs? Lunacy! ;)