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The bashers are a good sign that there is still interest in this stock. I would be more worried if no one was bashing because they are the support on the pullbacks along with the flippers.
Congratulations on the new moderator Anthony! He is always upbeat, a good cheerleader, and can always give a good
HERE WEEEEEEEEEEEE GOOOOOOOOOOOOO$$$$$$$$$$$ ,
$PANK!!! $PANK!!! $PANK!!!, and
WEEEEEEEEEEEEEEEEE$$$$$$$$$$$$$$$$$$$$$
no matter how bad the day may be.
Thanks for the link to thank our troops.
I'm starting to feel like I am in the story "The Emperor has no Clothes". lol
The crooks at Select American couldn't have made up this company as a fake company could they? That would be a pretty elaborate scheme. Hope the cusip and name change comes out next week and things clear up.
There's already been 3 select american plays suspended in the u.s.
Doogle,
About how long do the suspensions last?
Looks good, maybe a great week next week. Have a great weekend everyone.
The last time it was restricted in the US with a few brokers was just before it ran to .058
The phone orders took about 15 minutes and the price ran away while you were waiting.
The next time someone emails Kron, can you ask him if he is really Yevgen D. Konaryev? Just curious.
Thin to .03 only 1 left at .027
Do the lemmings jump off the cliff even if it is their second rodeo?
The order to cease trading in PMCL was eliminated from the May 18 version and replaced with this on May 22;
IT IS ORDERED, pursuant to subsections 127(1) and 127(5) of the Act, that trading in any securities by Select American shall cease and that any exemptions contained in Ontario securities law do not apply to them;
They are restricting trading for Select American company!, not halting trading in all of the companies that they were the TA.
This statement "Select American, acting as the transfer agent to these companies, may have issued false share certificates for trading in securities of these issuers in the over-the-counter securities market via the Pink Sheets" sounds like Select American may have been issuing false shares. This may have been through RBCM?
If you remember, RBCM disappeared on 5/17, and the notices were issued on 5/18 and 5/22. My guess is that Select American was using RBCM to issue false shares. Just a hunch, but it is a mystery.
The other change in the new order replaces this;
IT IS ORDERED, pursuant to subsections 127(1) and 127(5) of the Act, that trading in the securities of the following companies shall cease and that any exemptions contained in Ontario securities law do not apply to them: The Bighub.Com; Advanced Growing Systems; LeaseSmart; Cambridge Resources; NutriOne; International Energy; Universal Seismic; Pocketop; Asia Telecom; and Pharm Control;
with this'
IT IS ORDERED, pursuant to subsections 127(1) and 127(5) of the Act, that trading in any securities by Select American shall cease and that any exemptions contained in Ontario securities law do not apply to them;
So, besides taking out the reference to Kron, the reference to cease trading is changed to only restrict trading by Select American.
Thanks RG, I'm in for a few. Sounds like a good one.
NITE is on the bid and has moved his ask to .039
Maybe gone long with us.
Looks like another great day.
OK thanks for the help.
Thanks for the chart. That is what I was looking for. Do you think you can get it into the IBOX so that we would have the actual pps shown? The current chart seems to update during the day too, not sure who is doing that but it is a nice feature. Thanks.
Nice day today. Our chart on the Ibox seems to round off the pps to the nearest penny. It kinda sat at "0.03" all day. Does anyone know how to get it to the next decimal place? Thanks.
Lakingsphan, Thanks for guarding the back door. Looks like you kept the MMs from tanking to get cheap shares.
I think we may have a continuation pattern today.
The partial fill of the gap may be enough to move on.
http://www.leavittbrothers.com/education/candlestick_patterns/bull/upside_tasuki_gap_bullish.cfm
Just my opinion. With all the pending good news, it doesn't seem likely that we will go back down again.
lol, I think you will be in great shape this week! GLTA
I think we are moving on. Once we get the name change and PR we will leave the 03s behind. I think we will challenge the .058 soon.
This is not like last week, RBCM is still sitting on the ask at .10 Have no fear.
OK, I got my sell in for 0.20 That may be too low if the name change is on and the share structure is still the same.
Thanks.
This is going to be a great week! The last PR did say that the name change would happen any day now. If so, the 02s will look cheap soon. Best of luck to the longs.
"SEEMS ETRADE/CANADA is not allowing me to buy PMCL tomorrow.."
I remember when this happened last time. It was just before the run to 0.058 People who were trying to buy took 10 to 15 minutes to get through on the phone. By the time their buy went in, the share price had moved past them. Then they had to change the order or call back to raise their bid.
There was some speculation that the brokers were buying up the shares before the move. Anyway, this restriction only lasted for a few days during the spike up.
Good buys here under .03
You're right. Stocks are opposite from merchandise. People want to buy when the price is high. Not when they are on sale.
Added more cheap shares here too. Thanks.
8 for 5 shares => 1.6 shares
1 share European share for every 3 shares of PMCL 1.6 / 3 => .53 European share
One European share is worth 0.25 Euros (or $0.34)
.53 x $0.34 = $0.18 = value of European share that you will get for each share of PMCL that you own now.
IF everything went according to plan, your PMCL share would be worth at least $0.18 just by the value of the European share dividend. That does not even include the value of the PMCL share.
divy worth 0.18 so how about 600% from here?
The name change will be soon. It was mentioned in last week's PR;
"Pharm Control Ltd.'s management anticipates the name change and CUSIP number change to become effective any day now and will follow up with another shareholder update along with the name of the new transfer agent once all is completed. "
Adding at .03 get ready for the name change and PR.
The flippers are good for us, they will be back to push us up on the next run. like the ones who bailed in the .01s, now they are back in at .02s and .03s and .04s
IMO we are in early with a lot to go on the upside.
Adding here for the run to .058 and beyond. We are still early here IMO
Been buying at the ask for the last 25 minutes, they only fill for 5k or 10k and then uptick.
What would you do if the company told you that if you buy their stock for a dollar, in two months it will be worth ten dollars?
Would you buy?
Basically, that is what the company did last week. The stock was trading below 2 cents per share. The dividend to be given to shareholders in two months would be worth 18 cents per share.
http://biz.yahoo.com/iw/070516/0254141.html
It is still early.
For discussion, putting a value on the dividend of the German shares gives us a reference point.
If everything goes as stated in the PRs, the value of the dividend alone = $0.18 per share of PMCL which you own now.
This suggests that the current pps of PMCL is undervalued at $0.036.
Of course there are a lot of other variables, but this is a reference point.
"July 13th = 3 Nat Med AG for every 1 PMCL =5,333 shares Nat Med
$1333 "
The 5,333 shares of Nat Med will be worth 0.25 Euros each, or 0.34 dollars each
5,333 x $0.34 = $1813
1813 / 10000 = 0.18 per share This is the value of the Nat Med shares alone. The existing PMCL shares not included.
IMO.
Thanks for the charts on the other cusip and name change stocks GeauxFish.