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I totally agree with this statement.
"Honestly I can't believe some big money hasn't stepped in somewhere along the way here with Uwink and come to terms for like 30 restaurants with a pile of money up front. I kind of figured it had the potential to happen, but obviously has not."
b2w
Trump dumped PPBL in August and went with another publisher. The write up of the new company had the figures that PPBL had lost on the Trump magazine, so good luck to the new company,.
When I think about "Trump" magazine,I wonder who cares about his lifestyle? What demographics are the publishers hunting? I think once his show was dumped, he was of no interest again.
b2w
Here is a link to the consulting firm for PPBL. This is from a filing showing that they have been given shares of PPBL. Their phone number is included.
http://tinyurl.com/2d24p3
b2w
Don't know why it traded up today, or at all for that matter.
I spent some time today trying to find a phone # for the company in New York and came up with nothing. Right now I would just like to find out if they are still in business.
b2w
I have been reading the IBOX for GWOW and have a question.
If a company goes bankrupt, how can we tell if the shares would be any good if the company gets a shell to merge later,like GWOW did?
Some of us own PPBL, which is tanking, and I don't know how to get rid of the shares or if I should hold on and hope for a R/M.
b2w
This is one weird company. Doing great and the stock tanks.
b2w
What happens if you use it as a worthless write off one year and then it becomes worth something again later?
This is my first totally POC stock, so I new to this tax write off scenario.
b2w
This is not an investor oriented company.
Remember when we were waiting for the 1st qtr filing this summer and Jacobson was vacationing in the Bahamas? He had no regard for the investors taking it on the chin due to his ineptness in filing timely.
b2w
Think I will pass on investing in the new Trump publisher.
Notice that Trump has no money tied up with Ocean Drive either.
b2w
Thanks. It is a great read.
b2w
RILO, what happened to your cousin Vinnie?
b2w
It might work if creditors would take pennies on the $$$. Other than that, I don't see how Jacobson can do anything with PPBL.
I assume that he put down some of his own cash when he merged with Sobe, so maybe he is still interested in turning it around.
The last figures I saw were in the neighborhood of $3,500,000 that he is in debt.
All of us here would like for him to succeed, but it is impossible to know what the is up to as he has proven to be less than forthcoming.
b2w
Still don't know what company that you are talking about here, but the shells I am aware of that do the best have little/no debt and are picked up for less than a few hundred thousand dollars.
PPBL has too much debt to make it a good takeover.
b2w
RILO, What company are you talking about?
b2w
What muscle are you talking about?
b2w
Any info you get on the company would be appreciated.
Jacobson obviously needs to do something other than publish magazines.
My gut still tells me that if Jacobson were going to close down the store, that he would not have filed his SEC forms. What do you think?
b2w
Thanks. I thought there was some info "out there" that maybe I had not seen. No such luck.
The only thing that is giving me ANY hope for this company is the fact that Jacobson filed the SEC report instead of ignoring it.
That isn't much to hang my hat on, but it is all that I see.
b2w
"There is alot of news that is going on with this company that they should make public but they refuse to. Oh well!"
Such as?
b2w
Actually at one time I did do a lot of DD and decided this company was not for me. Haven't checked it out in a few months though.
b2w
Totally agree with this statement about getting out of the Caymans to do more business. I would like to know why they set up there in the first place.
b2w
Don't know what the daily shares sold are now, but when I was watching several months ago millions were sold each day. These type of companies with endless floats and shares sold do not seem to be good stock choices, IMO.
Since this is a Native American company, I believe most of the profits (when there are some) will go to them, not the shareholders.
Ultra is right here, buyer beware.
Does that mean we are out of luck?
b2w
Jacobson hasn't managed to repay any of the loan he owes for Sobe, which is $43000 a month, so he goes and hires "consultants" for $20000 a month???
I forgot to look and see what his current address and phone number are now.
If he just declares bankruptcy, who gets the company? Maybe getting out from under the $43000 would let him "try" to fix PPBL.
b2w
They have hired a consultant, which may be too little, too late.
At least they filed with SEC. I did not even expect this to happen.
Thanks for the post. I had not checked on the filings.
b2w
The lawyer is probably tired of us calling him. He may not be getting paid by PPBLE either.
b2w
Their website hasn't been updated in months. It is useless.
b2w
Did you ever hear from the lawyer?
b2w
In my opinion, this company has people in charge that don't give a hoot about shareholders. It is not run as a "normal"
company with board members and shareholder meetings.
I think the whole purpose of bringing it to the OTCBB was to get easy money from dupes like you and me.
We will see if Jacobson bothers to file his 2nd qtr report. If there is no forwarding phone number, I think the company is just gone, along with our money.
b2w
The lawyer did call me when I left a message for him a month or more ago. He was a nice guy, but could not tell me anything other than Jacobson had moved the company to another location.
b2w
His daughter has a hand in the operations too.
b2w
It is not surprising to me. PPBL had its back against the wall with the $40,000 per month lawsuit payment.
Keep us posted.
b2w
The company is wise to hold back its PR's, if they have some, until the stock is no longer foreign and is out of the pinks.
I do not pay attention to anyone's guess as to what the price will be. It is more of "to da moon" posts in my opinion.
b2w
I should have written that to mean that I watch them, but ignore any more postings they make.
b2w
Every time that I have called and gotten information it has been a lie, so I am not communicating with them anymore.
The only way we can get accurate info, in my opinion, is to watch their SEC filings. My gut tells me that this company is about to croak, otherwise Jacobson would have PR'd something to sell some shares and raise the money to exist.
I am trying to get some other stocks that will make some money and then my PPBLE will be used for a tax write off come income tax season.
The fact that we cannot get a response to the company elders means, to me, that no one interested in doing business with PPBLE can contact them either. Their website hasn't been touched in months and they are not doing anything to drum up business as far as I can tell.
I believe that we have been had and the people that pumped the stock on this forum are in my ignore category forever.
b2w
Great info. Thanks for posting it.
b2w
Thanks for the post. We were traveling on the 8th and I missed this one.
This sounds terrific.
b2w
Where is the post that talks about MAUG bringing Raintree to the stock market? I am not finding any info about this.
b2w
I agree.
b2w
The June report which was filed was for the end of the 1st quarter in March. It should have been filed by May 15th.
The 2nd qtr report was due by August 15. It has not been filed and is late, so now we have PPBLE.
b2w
PPBLE is now the new symbol due to the SEC report for June not being filed yet. Great company to have in one's portfolio.
b2w