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roiresearch, the problem is that a bunch of us have had too many balls buying this for over a year and a half, so we're hesitant about buying until the aholes running this show start PR'ing what they have. All they have given to a select few have been rumors of gold, but they have never delivered the PR.
littlebride, you still buying or just holding?
silverbull, is anyone other than VERT on the ask now?
Yeah, who knows what the story is? Interesting that littleb and captain are both silent. The volume is a start, but still not that excited seeing VERT on the ask and a couple of t trades posted yesterday.
snapshot, Unfortunately I haven't heard back from the BCMM on the names of the local societies, but hopefully we'll be getting confirmation soon enough direct from the horse's mouth.
The stock is still trading on the grey market, hence trading is virtually non-existent.
Will do. Thanks.
Just go through and read the posts over the last year here, and you'll get an idea of what kind of stock it is.
1 billion shares diluted from October-March.
Scam status is still not confirmed.
Man, WNMX is running hard again this morning. Where's the love here Gerry?
No disrespect, but you really aren't understanding the issue here. DBYC is trading on the grey markets, where there are no mm's providing a bid/ask. Until it gets back on the pink sheets, no one is going to touch it, especially the longer it stays there. And since DBYC is the main driver for PTSH, both are going nowhere until Chin clears up this situation. The longer DBYC stays off the pinks, the longer PTSH stays stuck in neutral. All imo.
Kirschholz,
I'm not sure how you get responses back from the company, but I have sent two emails to investor relations regarding the status of DBYC, and its attempt to get back on the pinks, and have not got a response. I would think it is in PTSH's best interest to get DBYC back on the pinks, so it would be nice to get some information on it. If you could get some information on that status, it would be greatly appreciated.
cdmac
I'm feeling the R/S coming also...Jeffy looks like he needs some cash to take another trip across the pond to get absolutely nothing accomplished again.
Just sent this email to the BCMM.
Re: Mining Claims-Prom Resources (CEO Dror Moradov)Tuesday, May 6, 2008 12:42 PM
From: To: "Mr RAZAFINARIVO A. Georges M." <bcmm@moov.mg>
Hi,
Thanks again for your information. I greatly appreciate your quick response. I verified with other investors in Prom Resources run by Dror Moradov, and cannot seem to come up with a local society name that the mining perimeters may be under. If it is possible and not too much trouble, could you provide a listing of all local society's that do have permits in the areas of Ilaka-Sakaraha, Ankavandra, and Ambohilovolovo. If we have a listing of the local society's in those areas, it may provide us with a starting point on matching it up with Dror Moradov and verifying if Prom Resources does indeed have the rights to mine on the perimeters that they claim. Your help in this is much appreciated.
Kind regards,
snapshot, I'll send a followup request to them sometime today.
Got a response back from the BCMM. Need the name of the "local society" to verify the permits. Anyone have any ideas? Dror, I know you read this board. Get off your gocart and post the damn permits on your website.
Hi,
I had received your mail and I had check our database with the name of the Society. I don't find it. May be it will be registred in another name in Madagascar because the holder of permits in Madagascar must a local society
Regards
----- Original Message -----
From:
To: bcmm@moov.mg
Sent: Friday, May 02, 2008 8:10 PM
Subject: Mining Claims-Prom Resources (CEO Dror Moradov)
Hi,
I am an investor in a company called Prom Resources, which claims to have the rights to mining perimeters in the following areas of Madagascar: Ilaka-Sakaraha, Ankavandra, and Ambohilovolovo. I was hoping to verify the validity that Prom Resources had the rights to these perimeters through email, as I do not live near Madagascar. The CEO of the company is Dror Moradov. So if you could verify that Dror Moradov has mining rights in the areas specified above and send me an email to the below address, I would greatly appreciate it.
Thanks in advance,
I agree. It seems the further we continue on the grey sheets,
the less people are interested in coming here. It's a shame because the stock looked like it was going to break out before this whole mess started. Hopefully, Chin will get DBYC back on the pinks before he releases any new contract news.
I figured I'd get no response from those agencies, but wanted to see if anyone else tried the same avenue. Probably the only way we can find the claims out is to have someone walk into the BCMM office in Madagascar, which isn't possible.
Sent an email to the company to give us an update on regaining pink sheet status. Will let you know if I hear anything.
Sent requests in too two Madagascar agencies (BPGRM and BCMM) to find out the validity of Dror Moradov's claims to having the mining rights on the perimeters as stated in his annual report and website. Will let you know if I hear anything. The BPGRM website has a map online from the BCMM (Bureau du Cadastre Minier) from its computerised mineral titles information system (SIGTIM), but it only shows the areas in Madagascar where titles have been granted and not the owners.
I may be repeating work already done by captainmoti, as his group has been doing its due diligence to prepare for the lawsuit.
cdmac
Daviboy, I'm up early. Give me a call on my cell phone. Maybe I'll pick it up this time! LMAO.
LMAO! Gerry won't take Xuan/Daviboy's calls anymore.
XuanLongSon(aka Daviboy),
Why do you act as if you don't care that you've been scammed? You at once said you had 75 grand into this and you were the biggest pumper of this stock on this board. KABOOM every f*&ing day. RETIREMENT for XUAN. Now you act as if you don't give a sh*& that Gerry has scammed you. What's the deal? If you don't give a crap about Gerry, start posting those emails...Or did you lie about that?
Again, I anxiously wait for your ad and lawsuit to prove you are real. As of right now, I personally have a hard time taking you seriously. Four weeks ago (March 28th to be exact) you are on here and posted the below message. Now, correct me if I am wrong, but that certainly doesn't sound like someone who is ready to sue Gerry, Dror, Dave, and Tony. Let me put some of your finer pumper points in bullet form for you:
-"we also have heard the rumors of the buyout. call prom, ask for dave young"
-"Everything seems to be in play now. News coming from neutral source."
-"let all the longs prosper...our time has come we believe"
Where do you come up with this BS. LMAO. You are almost as good as the boys from Winmax.
So you want us to believe that on the one hand you are preparing a lawsuit, but also that you are having conversations from Dave Young at Winmax, who is telling you of a potential buyout? Why would you ever believe one word from Winmax on a PROM buyout on March 28th, if you've been talking about a lawsuit for over 4 months and claiming that Winmax/Prom have lied and misrepresented their company? So did your conversation go something like this:
Captain crunch: "We are going to sue your a## and take everything you own"
Dave Young: "Don't worry captain, my bud Gerry has got a buyout offer, so we'll all be rich."
Captain crunch: "Okay, Dave, I'll go post a message on the IHUB board and let the longs know they are going to prosper. In the meantime, I'm going to continue spending tens of thousands of dollars in legal fees to sue your a## just in case you are lying again."
Dave Young: "Aye Aye Captain!"
Captain, prove to this board that I am wrong in not believing you. I want to be wrong because I want to see these aholes fry if this all turns out to be a scam. I can't wait for the ad and lawsuit in May. All imho.
cdmac
Posted by: captainmoti
In reply to: cdmac11 who wrote msg# 22467 Date:3/28/2008 11:02:18 AM
Post #of 23041
I guess the "the cat is out of the bag" per se. we have sat quietly for months and montiored all of the postings. where is the lawsuit, where is the ad. rest assured all is ready to go but the fact remains we also have heard the rumors of the "buyout". call prom, ask for dave young.
we can also confirm littlebride's statments pertaining to the request of a non disclosure statment for a unnamed party by Dror. Everything seems to be in play now. News coming from neutral source. MM trying to keep price down.
this will be very interesting in the next week or two...let's see what happens.
suit and public advertisment can be done at anytime. Once done we could never turn back. this is what we have been waiting for.
let all the longs prosper...our time has come we believe
the captain
I certainly don't want to see this come down to a lawsuit, but quite frankly, you might as well proceed with it, since the threat of the lawsuit doesn't seem to be working with Dror and Gerry. Personally, I'm not sure what you and littlebride have as a basis for a lawsuit, so it would be hard for me to commit to it and help pay for the legal fees. In the general public view, all I can see is they have written some misleading PR's and could be linked to one spam message (see mwright's post 15376) claiming "PRMO currently has up to $35 million of mineable gold bearing material available now". So in my view, from the information I have seen, that certainly isn't enough for a lawsuit. I'm not a lawyer but stating "up to $35 million" certainly has some outs to it.
So the way I see it is that you, littlebride, and Xuan/Daviboy have all claimed you have this damaging information, whether its emails, phone calls, and a recording of the infamous conference call, but not one of you have ever provided anything here. It's pretty easy to see that littlebride, Xuan, and someone part of the captainmoti group were part of this infamous conference call back in August/September time frame just reading the posts (unless you are all lying), so why can't one of you provide a transcript of it so the rest of us can make up our minds about joining the lawsuit? Since so many of the large investors here took part in it, your lawyers should have no problem with you providing that transcript. Right? I mean if Xuan, LittleB, and your friend took part in it, shouldn't it be considered public?
You can belittle us here for complaining about our investment and not doing anything about it, but the big Three here(Littlebride, Captain, and Xuan/Daviboy) have all in your own way provided your own misleading information to investors here. I truly want to believe you all have been misled by Gerry/Dror and that you are all truly longs, but how do we all really know. Your lawsuit deadlines keep moving, so until I see it, I remain skeptical. At this point I am still holding my shares, but have given up much hope here. I look forward to seeing if you are real come May with your lawsuit.
Looks like WMIN jumped on the ask at the end of the day.
A question for you littleb, although I'm not sure if you can answer it. Other than the claims in the annual report for the leases PROM is entitled too, have you ever seen proof from Dror or Gerry that they actually own the rights to the perimeters?
If I understood littlebride, it actually was his investor friend who was going to be providing the financing and not littlebride himself.
Yeah, it looks like littlebride and his group either have or are going to get confirmation. Hopefully, we'll get the long awaited PR and maybe Dror can get an accurate share count also.
Interesting...I'm assuming we'll be seeing a PR within the next two weeks. Thanks for the update.
I'm not believing either they are getting bought out since we are sitting at the bottom of pinky land. If Dror is sitting on 270 million shares, you would think he'd want to get the stock price in line with whatever valuation the leases are worth. Dror doesn't even know what the O/S is anymore on this stock! So it looks like Gerry/Dror have fabricated the gold story, the buyout story, and whatever else they have claimed through emails, conference calls, and phone calls. So it looks like all we have left is do they own the leases and what can be mined?
News out.
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Friday April 25, 9:00 am ET
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This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, the words "believes", "expects", "forecasts", "anticipates", or "may" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Except for historical information, all of the statements expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties including, without limitation, risks associated with operations, availability of capital on a reasonable term, the effects of government regulations and operations risks, and the risk factors set forth from time to time in the Company's SEC reports, included but not limited to its Form 10-KSB; its quarterly Forms 10-QSB, and any reports on Form 8-K.
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Source: PTS, Inc.
That was your Daviboy tone. Its too easy. LMAO
You were advised to stay off public forums. LMAO. Whatever you say Daviboy.
Dror on the last annual report certified in Note 3 that they have the rights to 176 perimeters per Madagascar's new mining code as of June 30, 2007. As much as I am really doubting they have 35 million in gold readily available, I would have a hard time believing that Dror would lie on this annual report about the rights to the perimeters. There has got to be something on that land that is worth more than the approx. market cap of $450,000 we have today. All imo.
Love this grey market. 100 shares at .0003. LOL
A/S: 2.5 billion
O/S: Nobody actually knows, but it most likely is between 800 million to 1.5 billion with the dilution occurring over the last six months.
Daviboy, let me correct you on the NO GOLD statement. They had a 9 gram sample yielding over 90%Au. That's enough gold to keep us at .0003. LOL
I posted my last message before I read this one, so you answered the questions I had. Thanks for what you are trying to do here. It certainly doesn't look good if you are offering the money and they haven't accepted it.
I'm taking littlebride's post also to mean that there are still issues with the non disclosure agreement so I'm thinking that the proof of gold is still in question. If he also is still considering a lawsuit, I wouldn't think the funds have been provided to Dror yet. At least it seems as if littlebride and his group are going to force Dror and Gerry into showing their hand soon--Do they have gold or not? Doesn't look as if Dror and Gerry will be able to print any more shares here to raise money, since the mms will close up shop here. Either way this turns out, I'm thankful for littlebride and his group for pushing the issue here.