They can't BS with the pps too much now. Flip has been on the naked short list since 1/14/08. More recently the ARCA boys have been selling at any price; destroying the pps. I expect to see a volume drop off, which is ok for now. Now we can see how the businesses evolve. This one is interesting.

Buyins.net has FLIP on the naked short list since 01/14/08. Does this seem to fit for those whom are shareholders?

Arne is trying to get rid of Cornell; this is certainly the time to do it with the financing which is being negotiated.

Yea, That might be true. One Friday she said she bought @ .008 and was saying how thin the ask was. The point is to make one's own decision as what folks post on these boards is always suspect. When Parwatti initially asked a few questions he was ganged up on as a basher; riduculous.

While you make a good point, I guess I am more concerned with the fact that it will take up to 135 days to complete the Syrei audit and up to 150 days for payment to complete the acquisition. I only assume the financing is not yet in place. Some contract progress would be nice if they are allowed to pr that without ownership.

I thought she said she bought for $.003. Said so many inaccurate things.

Yep, you can tell them a mile away.

Thanks, I appreciate your response. The deal surprised me since Syrei is suppose to be EBITA and Earnings positive if I remember correctly.

Why do you think that Syrei only wanted 75M shares?

I am still high on AWYI but knowing these penny players and the lack of fear about missing a big run played into my decision. I am sure I will be back for free shares.

I agree with you on the possible contracts but I still think the audit is necessary before any future acquisitions. These subpenny stocks are all a gamble.

Well, the Syrei audit should be in process which should be required to obtain the financing in order to pay the first $2M.
Awyi has given a time estimate of up to 135 days for payment.
I guess that is why I sold at .0105 because I figured there would be some dead time.

Hehehe.....still happy about painting those .008's. Painting is a very poor trading tactic! Still think the walls up are thin?

Everytime someone has inquired about proof of your posting you do not have it. Your DD is nonexistent and you have absolutely no credibality as a poster. All must do their own DD.

Just the facts per PMED SEC filings.
The dilution during the last 7 mos is too much too fast.

There are a number of "speculations" one could make but I prefer to stick to the facts; and they are NEGATIVE.

There is a NIR Group board on I-hub should you be interested.

They will not RS right now! What needs to be watched is the OS as conversions occur and the OS increases towards 1.4B. The demand for PMED stock will dictate how long this is.

IMO the following are the true reasons why the pps is at .0012. All figures can be found in the SEC Filings.

The OS has increased from 246.9M shares on Aug. 14, 07 to 681M on Jan 31, 08. With the upcoming filing I believe the OS will be approaching 800M shares.

The pps has fallen from $.02 on March 22, 07 to the current $.0012.

The amount of shares Pmed is required to convert for the N.I.R. warrants has grown from 262M on March 22, 07 to over 5 BILLION on January 31, 08. N.I.R. converts @ a 40%/50% discount.....etc.

PMED does not have the Revenues to support this death spiral financing. PMED does not have the cash to get out as evidenced by their most recent boworrowing. N.I.R. will continue converting as evidenced by the need to increase the AS from 800M to 1.4B shares. I believe N.I.R will convert as fast as demand allows them to.

The above leads me to believe that ultimately a RS will need to be implemented.

Love your charts!

You are right, a few posters whom trade differently will not affect the pps movement of AWYI. Beware if/when the GROUPS come in. They are like a flock of birds and when the flock flys away you do not want to be a bagholder.

Last nite you said what you would do and you did it. Nothing wrong with that!

The pumpers on these penny boards always trash people unless they are a cheer leader. I do not cheerlead because so many others do. I would rather take the road less travelled. Sometimes one can use the cheerleading to your advantage.

Great. Do not be afraid to take profit; especially on these penny's. I sold today @ .0085 from .0045. Maybe too soon, but that's ok.

I read over the 10Q pretty fast and was not too suprised. Hard to say about the Debt; they may have to create more with the acquisition. Hopefully they are able to sell preferred shares for the money they need. Just as long as they don't get into one of those death spiral financing deals. Am not fond of debentures.

Yes, the SEC lowered the holding period on restricted shares to 6 mos.

Don't get too frustrated; I feel I learn something all the time.

Hey, I think you are doing well. Your DD is good. I have read many filings but it is not always easy; sometimes very tedious. You seem to have the temperment for stocks.....don't be so self critical.

Hey Parwatti, I see we were cooking today.

Yea, it is a good question. I guess I am assuming it is part of the financing. AWYI sure has alot of authorized preferred shares.

On page F16, item B, of the Sep 07 10KSB it says:

AT THE OPTION OF THE HOLDERS, if there are outstanding Series A preferred shares on Feb. 28, 2008, each share of series A preferred stock shall convert into shares of common stock at a conversion price then in effect as of 2/28/08.

Item C also deals with this but I do not think it applies. I COULD BE WRONG.

Welcome!

Thanks Parwatti.

I was in SWVC for a little profit and the reason why I did not re-enter was because of the CD issue. This could very well run just like Xkem did.

Yes, I have read that and it is very positive. I have played these penny's for the short term because long term most all fail.

I am not a basher by any means. I continue DD after entering or leaving a stock. I do not speculate on pps or give buy/sell opinions and many times do not even post on stocks that I am in; but it's ok if others do.

Anyway, this one is interesting.

I guess that's what I think. The parties want to deal but what is the cost and can we get there.

I have always thought step 2 concerns the financing. As I previously posted to you we do not know the terms. We do not know what the share structure will look like. This is so very difficult for these small firms.

Investorvillage is a nice assimilation of facts.

Big D....I only began posting here because cj was presenting so many untrue facts. I may sound negative but it comes from reading so much BS.

As you said, I would not be here if there was not potential.

Nothing really. You were posting factual info to a Pumper on a stock and I agreed, responding that I wanted to hear both sides of the story.

My posting is based on fact! I-Hub is built for Pumpers and I suppose that's why many lose money! I would rather read the factual pros and cons of a company and then play the penny game.

Hi Janice. I'm sure you do not remember me but was wondering if you would drop by.

An experienced trader Never Chases!

How true!

Call the CEO if you doubt the debt position. Were not you and Burg buddies with the so called insider info.

My comments on .01 EPS were on an annual basis according to Sep 07 KSB filing. Have said it many times. ONE TIME DEAL!

.20/.40 EPS is your buddy cj's comment; riduclous!

You and I have gone to battle before; me $93K Xkem profit; you a bagholder or made a "fortune" depending on what board you posted on!

Were not you booted from RB under a number of different aliases
for namecalling. Asked to leave as XKEM moderator on I-hub for namecalling. Thought you would have "LEARNED MY LESSON."

You always deleted posts if folks did not pump XKEM!

You really should get out of this penny game as you seem to know nothing about it!

I have made copies pal; you should be careful what you post!