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Gee, I thought everyone who was due divies 'really wanted them'. Guess I was mistaken and some wanted them more than others.
How long are the depositions, where can copies be obtained and how much is the cost? I'm not sure I want to know what's in them, but then again, can the contents be any worse than expected?
GLTA...
For converted shares? If that is the case, that is unfortunate and not 'appropriate', IMHO. Divies should have been paid to non-director owners of converted shares before company officeholders received theirs. It does not look 'right' and has the effect of making potential shareholders leery of investing. Just because something is not illegal or unethical, does not make it acceptable. Again, JMHO based upon how I read Rally's post.
GLTA
Yes, it does not seem like they have their act together, does it? Unfortunately, those of us foolish enough to be holding from earlier days (and higher prices) can only hope and pray.
GLTA
Yes, I doubt there's much, if any, cash lying around. Maybe some cars, boats, condo's, etc. though ;)
GLTA
I'm not going to have 20 - 40 million shares. I wish I had money (more money??) I could afford to lose to buy some shares at these prices, but I don't. If it goes to $2, I'll be happy with what I have. If it goes to zero, I'll be glad I didn't lose any more money.
GLTA
'Soon'.... now, does that mean 'soon' as in 1,000 years is just a blip in the eons of time, 'soon' as in 'your order is coming right up' or PBLS 'soon' which is somewhere in-between ;)
When I first purchased PBLS shares, I was told that the float was under 200 million. I've never figured out what assets were acquired with the proceeds of selling/transferring approximately 2.3 BILLION SHARES and/or what happened to those 'assets' that resulted in PBLS being cash-strapped. All I know is that for the share price to appreciate significantly, the AS/OS need to be reduced substantially. That, along with positive settlement of the major court cases is a FIRST step.
JMHO.
PS... 2.3B shares x .01 = $23,000,000
PSS... I don't mean to rehash past problems, but PBLS needs to be run differently if we want to see different results. Doing things the same old way and expecting different results is, well, you know the old saying....
With all of the good cheer going on here, would someone like to lend me $10,000 for the purchase of PBLS shares? If it goes to $2, I'll pay you back double your money. If it tanks, please proceed to the federal bailout line!
GLTA, especially the long-suffering longs (who were quite foolish not to sell when they had opportunities)
PS... I really do hope this ship gets righed, but it will take more than just winning some court cases... it will take, well, you know, the usual list: reduced AS/OS, divie payments, etc, etc....
There are a lot of environmentalists who don't like coal ('clean', dirty or in-between) and they happen to have a lot of politicians who say "How High" when they (the enviro's) say "Jump". 'Tis unfortunate....
Hmm, I remember people on this board posting about receiving 'infusions' from PBLS, but I don't believe they were talking about their bank accounts being stuffed ;)
Did you mean 2 cents, not $2 dollars? ;)
Oh, well that clears things up!
GLTA .... sorry, that does not include the Steelers!
What in heck have you been smoking, dried up Dr. Pepper? ;)
I'm sure they have.... I just hope that whatever it is, it is in the best interest of the owners (i.e., COMMON SHAREHOLDERS) of the company.
I'm going to go out on a limb and guess that you're dreaming ;)
I've always thought (and believe I've posted) that PBLS should buy back shares BUT NOT remove them from the treasury UNTIL they are ready to put out a string of favorable (and verifiable) PR's to coincide with positive resolution of the major court cases. For example:
1. PR positive settlement(s) or jury award(s).
2. PR update on operations.
3. PR new acquisitions/deals that are in the works, pending transfer of funds from settlement/jury award.
4. PR verifiable contract to have audits performed.
5A. PR that divies have been sent!
5B. PR that company has repurchased X shares and has returned them to the treasury and that AS will be reduced by X amount. Also announce buy-back offer of additional X shares and corrresponding additional reduction to AS after share buy has concluded.
IMHO, holding off on announcing share reduction to coincide with other good knows will maximize momentum. JMHO, and yes, I know I'm dreaming ;)
May 2009 be better than 2008! I know that's not saying much, but please, don't anyone jinx things by claiming that it 'Can't get any worse!'
Let's see.... tomorrow I think I'll put in my gtc orders to sell at ten, fifteen, twenty and fifty cents. Ah, just like the good ol' days!
My understanding is that the Wash sale rules will apply. However, best to check with the IRS or an accountant!
LOL.... I was being nice ;)
I just checked out the web page...did it always say "Maximizing Profit and Potential" at the top of the 'About Us' page? Boy, I'd sure love to see some maximization of profit and potential. Hmm, I hope what we have seen isn't the maximum!
GLTA....
Selling at a loss for tax purposes requires that you wait 30 days before repurchasing. As PBLS will explode 'soon', selling could be a risky gambit! Oh wait, 'soon' in PBLS speak can mean 2-5 years, not 2-5 weeks? My bad ;)
$300K buys 1.5B at .0002 Yes, I know that the price would not stay static, just making a point. IF the future looks pretty good (not saying that is the case), I don't know why an insider (or 'friend' of PA/RB) wouldn't pony up short bucks for a chance to make a KILLING. Hell, slip a little extra to the MM's to make them keep it down during the buying streak. Oh, that's illegal and MM's would never do anything illegal. Whatever was I thinking!
Seriously, one would think that if this thing is going to get turned around, insiders would be buying up shares. Sure would like to see that happen!
If anyone sorts through the PR's as you suggest, they will probably have a coronary!
What's your estimate on checked PR's? 10-20%? Oh yes, they are all 'Forward Looking Statements' ;)
LOL...
Merry Christmas and may a miracle happen so that we can all sell at a profit... preferably sometime 'soon'
Hmmm, 5.4M traded, .0002 x .0003 I don't have access to L2, how many traded at .0002?
LOL.... I'll take a ten cent share price whether transparent, cloudy, black, phony....
Merry Christmas to you and all Pebblers and may we have a 'greener' Christmas next year!
And are we, or are portfolios, swimming with the fishes?? Geesh, I sound like Scrooge! All will be well, soon! (Is that better?)
Seriously, GLTA. Whatever happens to PBLS, may we all be healthy, happy and safe.
Is Tom's photo on the side of a milk carton? Is this thing deader than the Detroit Lions playoff chances? Inquiring minds want to know. (Unfortunately, I think I know the answer)
The answer to question #4 is to make money. However, how do they plan on doing that? By generating revenues and profits via operations or by printing shares and selling said shares into a momentum driven run? Let's hope it's the former.
All I want for Christmas is a ten-cent share price and enough liquidity to sell all my shares! Oh yeah, and World Peace too ;)
Merry Christmas and GLTA....
I didn't mean PBLS trying to get TARP money, I meant us common-shareholders!
Thanks. Guess I don't need to rush in order to open my off-shore banking account. Now I can get back to figuring out how to get the gov't to bail me out with your tax dollars!
Hmmm, maybe PBLS common shareholders can petition for some TARP money!
I've been out of the loop the past week, what's the latest? Also, what was the deleted post about?
TIA
What is happening to the lawsuit against FNB? I thought FNB lost the case and we were awaiting either a judgement against them or a settlement? Isn't the FNB case separate from the suit against Mitchell?
Any updates on the court case?
It is a jury trial, correct? Not closed? So, do we have a mole attending???
.0003 hmmm, are you guys getting filled? I do not have any bids in at this time, though I may put a sell in at .20 ;)
I thought the trial was supposed to start on 12/12? Also, in how many major suits is PBLS the defendant?
TIA
Indeed. But it's obvious that the deck is stacked against us and it is a long shot. But we can hope.