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"#2) Kron said the emails were not sent by him all along but it is the marketing guys((??IR may be!!) that are sending them. He is aware that they are corresponding with shareholders."
Thanks for the clarification. That clears up why the mysterious "Kron" only answers a few people and his writing style varies from one or two word answers, to some with full sentences.
At any rate, as a VP, he wouldn't have time to be talking to all of the posters here in email. If he is aware of what his IR guys are saying, I guess they are representing the company using his name. Almost everything posted here from Kron has been coming true which is a good sign.
Thanks to those who are sharing their correspondence with Kron with the board here.
Someone here had posted charts of other stocks that recently had done a cusip and name change with good results. Could you post them again? Thanks.
Nice post Rebelgirl. Good to see you here again.
If NITE and RBCM have gone long, we may be in for a nice ride up along with them. I agree that they are much more powerful than we are in this game. Best wishes.
I have no idea but the theories were; dilution or naked shorting.
lol, You may want to get those to the free shares and return her money just to stay on the safe side.
We have had good news since the killing of the pigeons. Dividends and shares in the European ADR, along with the cusip number pending now, we should break through the .06 into double digits.
I think the flippers will get back in at a higher price when the run continues.
Great call. I think we have a ways to go on the upside.
The European shares dividend is worth 0.18 per share of your PMCL stock now. Hang on.
It takes guts to get a ten bagger and hold for the wild ride.
We are crossing 50dma now .027, blue skies above
"1. I understand PMCL will soon be listed on a German exchange under Natural Medicines AG. When that day comes around, what becomes of pmcl.pk? Poof?" NO, you get both.
8 for 5 shares => 1.6 shares
1 share ADR for every 3 shares of PMCL 1.6 / 3 => .53 ADR
One ADR share is worth 0.25 Euros (or $0.34)
.53 x $0.34 = $0.18 = value of ADR 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 ADR dividend. That does not even include the value of the PMCL share.
This may run for several days now that it has turned around with all the big events to come soon. RBCM is off the ask too, sitting at 0.10, We will hit double digits IMO.
You are right.
8 for 5 shares => 1.6 shares
1 share ADR for every 3 shares of PMCL 1.6 / 3 => .53 ADR
One ADR share is worth 0.25 Euros (or $0.34)
.53 x $0.34 = $0.18 = value of ADR 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 ADR dividend. That does not even include the value of the PMCL share.
I WAS IN THE YARD AND MISSED EOD SHOW.. AS I SAID CLOSE AT .02. :)"
Great call. Where do we close tomorrow?
"The Board of Directors of Pharm Control Ltd. (PINKSHEETS: PMCL) has decided to dividend out to shareholders one new share of Natural Medicines AG for every three shares of Pharm Control Ltd. held by shareholders of record on Friday, July 13, 2007.
Discussions with European investment bankers have revealed to Company management that the anticipated trading level for the new European entity will be in the area of 0.25 Euros.
This dividend will be paid after the 8 new for 5 old dividend payment of Pharm Control Ltd. at the end of June. "
The dividend that will be given for the European stock is worth $0.18 per share of PMCL that you have now if the trading level truly is 0.25 Euros when it opens.
We should be in double digits soon.
This may run for a few days. The flippers may have to do some chasing to get back in.
"The Board of Directors of Pharm Control Ltd. (PINKSHEETS: PMCL) has decided to dividend out to shareholders one new share of Natural Medicines AG for every three shares of Pharm Control Ltd. held by shareholders of record on Friday, July 13, 2007. "
The value of the dividend ALONE is worth .18 per share at today's prices. We still have a lot to go on the upside, and RBCM has moved off the ask!
16s are up and RBCM still at .10
"Your shares divided by 5 X 8 will be your new share count after June 29th Then! Divide that number by 3 and that is your dividend shares X's $.34!!! OMG!!
Example 100,000 shares divided by 5 X 8 160,000 divided by 3 is 53,333 x's $.34 Your dividend is worth $18,133
I hope this helps people!"
With this valuation of the dividend, the original stock now would be worth $0.11 per share just on the value of the dividend alone, correct?
Great news!
"We downtick on buys and now uptick on sells, and people think there is not MM manipulation going on here?"
Not too many people think that IMO.
Can everyone take their fights with the old longs to the PM? The fighting really doesn't do any good here on the PMCL board. Thanks.
The split and dividend are a ways off but the symbol change will happen in early May. That should be soon.
Calling in for trades happened before, it was just a few days before the run to a nickle. Eturd and a few others were involved.
OK, Thanks superdude.
"no, not exactly. I think the main reason why they do appear can be for a host of reasons.
1. They began to set the stock in downward spiral when it first open. While doing so, they shorted and now they are covering before the symbol change.
2. They are recieving the short position from NITE or SBSH
3. someone worked with RBCM to be friends to us. Most of the MM's singed on for PMCL have gone long IMO. It seems like NITE wants to run this stock, he usually bounces off of 019 and 015 all the time. If he runs it, he can cover his FTD"s much faster. With RBCM churning the price where it is, its a shove in NITE's face.
4. Someone covering up some naked short position.
but really, who knows. i think that once the symbol change is complete, he will disappear"
Interesting points. Some questions about this theory came up that maybe you can clarify.
In #1 you say that RBCM is covering now. Many days they are on the ask only and not on the bid. It doesn't look like covering when they are selling shares.
#2 How do you know they are receiving the short position from NITE or SBSH?
#3 "someone worked with RBCM to be friends to us". Who is the someone, and how do you know that this is true?
Thanks for your help. Best wishes to the longs.
"our day is near (closer than most realize)"
OK I'll bite. I don't know when our day is coming and apparently you do. Can you tell us when this will be?
Thanks.
In the PR today;
"The company intends to proceed with the previously announced stock spin-off of the European distribution company after this dividend is completed. "
This looks like there are two events, the spinoff with stock dividends, and the forward split at the end of June.
Is this how you read it? Thanks.
This is a little off the topic but I don't think Mr. Kron is Asian. The majority of the company may be but I don't think he is, not that it makes much difference. I am still holding on to my shares too. Best wishes.
Nite RG. Hope we get the votes tomorrow. :)
I vote YES!
Where do you post your wag?
May 28, 2007 2:35 PM
Great news willie. Thanks.
http://www.nasdaqtrader.com/aspx/regsho.aspx
"I adamantly agree with the poster that stated leave Kron alone. We need 1 (one) individual that can be the point of contact. All questions should be funneled through him/her?"
I thought that person was Anthony. At one time, he was collecting all the questions for Kron and sending him a batch. What happened to that?
The new Kron seems to be a better writer. He uses complete sentences now and not one or two word replies.
Nice work globeking on the Stockprowler report.
http://www.stockprowler.com/
PMCL got a writeup as Stockprowler's pick for May 2007.
http://www.stockprowler.com/
Welcome back Coydog. It sounds like PMCL management is doing everything they can to combat the naked short sellers, as they said they would. Pretty good volume Friday moving off the bottom. Best wishes.
"Note also how he is very adamant about NO DILUTION.. by addressing me by Sir...
Next week will surprise many ESPECIALLY RBCM..."
Did Kron actually say this in his email to you? Thanks
OK yeah, I think the bashers can be pretty mean sometimes.
The reason I think he is clever is that in his statement,
"are you illerate and can't read !!!!", he is trying to embarass someone and calling them ILLITERATE, unable to read or write.
In his statement though, he misspells ILLITERATE. I thought that was clever. Kinda like the Marx brothers. :)