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Growing more disillusioned as the weeks roll into months
of no News or updates. When smallfish writes the Company to
inquire if it's "still a working Company," a question that
should concern a CEO, the response is simply: "Yes indeed it is."
That's was it! No reassurance of Company plan, update(s), or explanantions.
And now, a non-working phone number.
I didn't believe many of the accusations and statements levied
here these past months because in this troubled world, [I thought] Perla's business had a unique and opportunistic niche in this market.
A position to make good revenues/profit --- legitimately.
I questioned why would anyone use fraudulent means to make some money,
instead of taking advantage of this sector and make alot of money?
It appears my question now is whether I want paper or plastic?
I hope I am wrong, but feeling disheartened for us all.
Was away on a little R&R for 10days, no cell phone or Internet... very restful. When I got back earlier this week and checked in, was hoping for some good news.
But, Perl is where I left it, no news, no volume, still with the STOP sign at the OTC, and PPS went down.
This week is over and next week will mark 3months of no News from Perla.
Spec, I'm inclined to agree with you.. this silence is not looking good.
Still wishing GLTA, but pessimistic.
So frustrating....
Thanks Work, looking forward to when this chapter is behind us.
I didn't get that response because they already have my name and phone number, and through their T/A, they already should know how many shares I have.
This response from Aug 14:
(FYI I only inquired over the paperwork for Current status and filing with Nevada SOS)
Hello Xxxxx,
All the paperwork is ready and has been now for over 2 weeks.
We were advised by our legal team to hold off due to the investigations and actions against the "attackers," that are now being investigated by authorities.
We are hoping to re-submit the additional information shortly, but of course under legal advice.
Regards,
Investor Relations
Dear Xxxxx,
Thank you for your continued support during these trying times. Unfortunately we are still not at liberty to disclose anything further, but can say that we are monitoring the aforementioned boards and other means through the ongoing criminal investigation.
We are confident we will achieve a satisfactory result for our shareholders shortly.
Regards,
Investor Relations
And this is why I am posting less here. You try to post something and share what you've been told, etc. and you get attacked, ridiculed, or accused of nefarious intentions because of the post.
One of the reasons, I will shortly be cancelling my iHub subscription here.
Over the past couple of months of me writing to them regarding issues here, going Current, etc., this is what I've been informed. All of what I just posted were pieces from several responses I've received (though they never used the term "terrorists" with me) over that time.
I've never posted before about this, because I wasn't inquiring into their investigation(s), but what were their status' on their OTC filings, etc. I wasn't interested in this "on-going" investigation. I only mentioned it now, because everyone is commenting on the "terrorist" comment, and I just wanted to put it into context, with the information I've been told.
Do I believe it is all true... I don't know. I also know there is nothing I can do with my shares, except hold and wait.
Time will tell if I've been fed a steady diet of %$@#.
As Snizzle says, "any Green is good." The way things have been going, I'll take it. Don't read too much into the "terrorists" comment. I believe it's more a reaction from their anger and frustration.
Apparently, for the past couple of months, Perla has been receiving harrassing/annoying phone calls. Then, their website was hacked into. Then, their past customers were contacted... both their satisfied customers, as well as (as with any business) their unhappy customers. Finally, some of us here wrote to the IR regarding some statements posted here and requesting clarification. When they reviewed the board here, well, you all know what's been said about Perla and it's CEO. And finally, instances involving forged & fraudulent Company checks. So, I believe the "terrorist" declaration was out of emotion.
I was informed awhile ago re: an investigation involving several law enforcement entities in regards to the above, but I do not know it's progress or status, other than it's "on-going."
I agree with you, this should not affect them from submitting required paperwork with the OTC and the Nevada SOS. The best way to combat accusations thrown your way is to work hard to prove them wrong! Instead it has been pretty quiet. As a result, we've seen the PPS slide and volume drop. Just holding & waiting for now.
For now, I think we're just one good, informative, and substantive PR (real, no fluff) away from shaking this off ... which I hope is not too far out. Hang in there everybody -- with fingers crossed.
Didn't expect news this week due to the shortened "holiday week," but I am anxiously waiting for some good news "shortly" (as it was relayed to me last week by Perla's IR). Shortly I'm interpreting as anytime in Sept, but I'm hoping for next week!
Still, just anxiously [and nervously] holding & waiting.
Holding & Waiting here too. Anxiously waiting for some substantive and "meaty"
News/PRs from Perla (no fluff piece).
We got a glimpse last Tues (Aug 28th) how tight this float is ---
with minimal buying volume, the PPS went up 117%!
If PERL takes care of what they need to take care of,
then the ensuing buying volume is going to plow through the Ask.
Waiting with fingers-crossed.
Hang in there everybody!
Well, another week [and month] has come and gone. It's
frustrating and it cannot continue going on like this much longer.
I believe September will either be make or break time for
PERL. I'm praying it's the former.
Anyway, have a nice & safe weekend everybody.
You can disregard the "funny trading" on the the 23rd of July. That was me. Don't remember specifics, but I was guilty of what is referred to as paint-jobs. Cannot argue about that term, seems appropriate. Did several of them, stopped now though... in waiting & holding mode.
What I do remember was I usually did that when someone was doing paint jobs going the other way. Remember those everybody?! $20, $60, and $120 dollar trades. Just Monday we saw a $2 trade [seriously?!]! So it goes both ways. Paint downs outnumber the paint ups here. And this goes on at many other stocks too.
Though I consider myself amusing, unfortunately, I am not funny.
GLTA!!
Received a reply from Perla IR. They said that an Investigation is currently going on (I guess Workinit was correct) and per their Legal team, they have been advised not to comment or disseminate information right now. We are confident we will achieve a satisfactory result for our shareholders shortly.
However, they did stress:
So, still holding & waiting --- and looking forward to "shortly!"
117% on light volume! It appears alot of the orders sitting on the Ask before
must have been the ones "dumped" a couple of weeks ago (I'm guessing) ...
over 1.5million shares worth. Looks like whoever picked them up on the
Bid is sitting and holding.
If PRs with substantive news [no fluff] is put out,
can you imgaine how hard the PPS would plow through the Ask?!
Still waiting & holding, with fingers crossed.
"Is he sober?" ... LOL
I know I won't be if this doesn't pan out---
Just sent an email to the IR --- will post reply.
I don't know... playing "weak bounces," looking for "higher lows," analyzing charts, etc ---
all that doesn't seem to apply here right now. At this crossroads for Perla,
I'm leaning with Clutch:
Seems to me that he's going to have to forthrightly address all these mounting concerns ...
and in the form of a highly-detailed PR ... and VERY soon!
Things are quite suddenly, not looking so good here. And neither is my mid-term invesment.
Yes, Green is good. Volume not great, but any Green is good at this point.
Will email the Perla IR early next week for any updates or news.
Specifically, the status of the Current filing with the OTC,
and the status of getting reinstated in Nevada with the SOS as
a business entity. Will post what they reply.
Holding, waiting, & keeping a low profile.
GLTA!!
Still in Perl, Waiting & Holding.
Like you said a minor thing -- not too concerned in the "censor" type blackouts. The ELM financials are almost duplicates. You can see what the "blacked-out" words of the 2nd set of page 8, from the first set's page 8.
The Nevada Business status has been an issue, don't know why its taken so long to handle; maybe the ELM Tech merger created more hassle and work than previously thought. The status was not revoked due to any violation or infractions. The fee just needs to be paid (I think it's about $6,750.) for their status to be Active.
Croire called the IR earlier this month and asked them the status for this renewal and they stated:
"Nevada Status: This is already being dealt with - Nevada said it takes about 3-4 weeks to clear things up and more information concerning this will be PRed soon."
So, still waiting & holding. Thanks super and Good Luck to you too ... indeed, GLTA!!
Well I know I do :)
Stand by for a PM
I knew THAT site was a sham from the get go from
the moniker of it's author. Using your "name" was not cool!
At least come up with a screen name, sheesh.
Didn't know it came from a former employee,
what an onion that is being unpeeled.
Which site is that? Not the "perlagrp.blogspot," is it?
I've used the regular Perla email for him...
investor@perlagrp.com
The last I received from them was "responded"
by the: Perla IR Team
Same here, was hoping that the OTC would have the paperwork now and be in the "reviewing" process. Early in the week I'll shoot another email on the status.
Usually, I've received messages from Rich. The last reply (Mon 8/6) partially is as follows:
Hi XXXXX,
Further documentation that happened to be delayed will be filed tomorrow.
Thank you for your continued support.
Regards
Perla IR Team
I Contacted them several times past 2weeks re: this. Was going get a status update on Monday. I'll post the reply I get.
Yep. Last week I emailed IR a couple of times re: the requested additional paperwork for Current status. They said they were getting the documents together and were speculating when they should be ready. On Monday they seemed much more certain. Everything was done and would be sent on Tuesday.
Gareth from OTC said as soon as they get documents they post them on the site right-away and start the review process again.
As of this morning nothing yet. Was going to email to inquire,
again, but holding off until next week.
Perla's last news release was just a little over 2weeks ago, but seems like months don't it? They have been good about news and announcements in the past [releasing something almost every month], so I am hoping for some good news this month (and hopefully an update).
Like you, I am holding and waiting and...
GL to us all!!
Hey dig, it was quiet all day. Considering what's been posted here lately, that's not a bad thing anymore.
I wrote to Perla's IR and inquired into the additional information requested by the OTC re: Current status. They replied that the requested paperwork was to be sent today.
The OTC folks said that as soon as they get it, they will post it in the "Filings" section on their site. Then they will process the documents once again. Don't think it will happen this week. Hopefully next week... don't know about everyone else, but I'm in wait and see mode.
http://www.otcmarkets.com/stock/PERL/quote
Yes, that is what we're hoping for -- initially.
Then, followed by news of additional contracts, projects, etc.
For now, all we can do is continue hanging in there.
GLTA!
Last I heard the OTC requested more information re: the Elm Tech merger,
and PERL supplied it last week. I don't know the time table now. Hoping it will be this week.
You're right, once it gets OTC current status, .02 is right around the corner.
Just wish I had funds to grab some of these "cheapies."
That is good news Cal. I also received an e-mail from Perla's IR on Friday
which stated that they are considering adding a "testimonial" page to their website.
This page will post "Customer Satisfactory Letters" from clients regarding their
purchase/transaction/delivery experience.
Overall, not a good week. Ended with a tough day. On bright side: 164k shares sold @ the Bid, and 296k shares bought @ the Ask (grabbed a few early afternoon). Gotta find some silver lining on a day like today. At least got some shares at a great price, perfect for accumulating. The day started with a $15 "paint job" and ended with a $16 paint job. Was going to throw in an $18 one myself at the end but, getting tired.
Waiting for the move North & still Holding (and finished accumulating -- rounded up again today).
Glad to get this week over with, looking forward to a good one next week. Have a good weekend everybody.
GLTA!!!
What tha?? Whoa, someone must have had enough. I can see we were in cheapie land earlier (IMO we still are). Hmmmm 45k would be perfect, no?
Yep, very quiet. Maybe next week finally get the
OTC Current status. From what I understand, the
additional information requested by OTC for clarification last week was submitted on Mon/Tues.
Then, add to that some news/announcements --- and it could get "noisy" ... er, I mean the good kind of noisy.
Hate to "Post & Run" -- on a short break at work.
Speaking of short... looks like the shorts are having a challenging time getting a handle on PERL.
GLTA!!
http://otcshortreport.com/PERL
Anyhoo, crazy day today. Hope the sold shares went to steady hands. Have a good evening everybody, and...
GLTA!!
Possibly. But the 68K @ .0198 is $1350. & the block of
229k @ .021 is about $4810.
Many here on the board are Longs, and we've seen buying go
through big blocks. Probably was us when we got in.
But you have to figure, only 25% - 28% of the public float is
actually available (the rest are in the hands of the Longs).
However, we are basically "tapped-out."
We are waiting for upcoming news and announcements to bring in fresh interest -- and when they start buying [and only about 11m shares realistically available] ... well that's what we've been waiting for.
GLTA!!
After the big sell off of shares --- there's been a good, steady
stream of buying, around 400k shares at the Ask. Granted the price was low, but informed people know the bargain here.
Thanks Croire, all those are good to hear.
You ain't kiddin'. Snagged another 15k [at these prices],
wish I had a bit more $$$. But, happy with what I
got. Now waiting for the PPS to drive North.
Next coming months should be interesting.
I see, it is alot to stomach EVERYDAY. There were 325,400 shares bought at the Ask, not too shabby ---
and the sold shares probably went to less nervous hands.
Only consistent Company news of contracts, etc. (starting
with getting filings set and a current status), can drive
this stock... hopefully such news will come soon.
All the negative BS will then have no effect.