Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
good for you...knock yourself out...sold mine yesterday @ .0007 from .0004.
IMO WRNW is throwing shareholders a worthless bone in hope to maintain the current shareholder base while they continue to dilute. Not sure why Cementers would want any part of this scam. Reminds me of IBCX/Ed Hayter type BS.
That is exactly what I have heard! Don't know too much about it but I try and avoid the NIR Group.
Yes, AJW is part of the NIR Group. There is a board set up on Ihub investigating these guys for their funding activities/lawsuits.
I have read that AJW has been a signatory with PMED but the filing only states 4 investors.
What's even funnier is that Mgmt decided to build a factory before the drug has been tested. Even funnier is that XKEM has never had any money. In 2003 Pandy said they would have $5M in Revenue. The powers that be did not want to discuss these things.
Any accountant can tell you that massive dilution and debt is the formula for failure.
Yes, there is 402M OS BUT, at a pps of .0013 PMED is liable to issue over 4.3 BILLION shares thru their death spiral financing. They have very little cash and declining sales so you know the future dilution will be massive.
GLTA
Seems ol major has sure changed his tune.
Nothing but a paper transaction going on here with 2 pinkys without cash to develop the leases. I doubt it is even an arms length transaction as Rees is ceo of both entities.
I agree with you. The S-8's are in place and Stuart Turd will RS it and the selling will begin again.
I have read their pr's and they are the pure fluff. Any company that pr's $2/$3M in revenues under one business plan and then changes the plan AFTER DILUTING the hell out of the stock either does not know what they are doing or are cranking the printing press. It is obvious they needed money to pay off the lawsuits.
Every day that nothing happens, dilution is occuring. (XKEM woofy). Nobody wants monthly pr's as everyone knows this is a momo play at best.
Hell, I sold the day of the last meaningless pr @.0025; bought back at .001; sold @ .0017. That is all this oinker is worth.
The problem is that management DOES NOT DO ANYTHING. They put out a business plan, diluted the hell out of the stock, changed the business plan, and went on vacation.
WRNW will make the effort to close all the lawsuits because You are paying for it. They may get a clean shell, start a new business, do a RS, and start their bull all over again.
Well you are right, one cannot flip this anymore. But in 2006 it was the best flipping stock I have ever owned.
You do not need people marks to make money trading stocks. People marks are for manipulators. My bank on Xkem alone is over $75K.
Yea, sure. Whenever one of these scams is uncovered somebody threatens with a lawyer. Have never seen it done with these oinker stocks. XKEM NEVER had any money and was pumped to high heaven by the longs here. Posts were deleted when someone pointed out the inevitable with facts. Hopefully, people will realize that calling IR of these penny/sub/pink stocks is NOT DD. What do you think that they are going to tell you; the truth? HA!
Flip them and Leave them!
yes, dilution is occuring and more future dilution of CFUL and HTOG is already in place.
Stuart Turd has been diluting this for as long as I can remember. It is always on the naked short list as warrant holders sell and then exercise warrants at a cheaper price. The Turd reduces debt by diluting shares into the market as they are cash flow negative.
Long ago The Turd was bragging how large his operation was with so many employees. Now over a year later he is cutting cost; BS.
He brags about his revenue but that means nothing when The Turd is diluting and incurring debt just to stay afloat. He will RS it and look for a new group of investors to suck in.
This last regristration of another 100M shares probably killed this stock.
Yea, sure.....file a class action lawsuit....xkem has nothing to give you!
Geeze, pinko's do not need to file!
NTRZ has been off the naked short list since 8/31/07 so much of the covering should be done.
You must be out of your mind with that weak stomach comment! Everyone that sold could buy back much cheaper.
Yea, it is unfortunate. Of the original few that posted on RB you always seemed to be the most balanced in your postings. They all must have done ok though. Right now the holders are in some trouble.
I believe you yellow; we all did but in different ways.
Just the facts twat; just the facts!
It means he wants people to woof down the crap Wrnw is spewing.
Good luck with that but IMO you should not fall in love with these penny stocks.
Why not just buy more and average down? heheheheehehe
WRNW asked you not to release their current projections of pertinent dates BUT they give them to you??????? It's a legal issue but WRNW Mgmt gives the dates to you????? SEC should be made aware of this.
Some of the dumbest statements made by pumpers; "hopefully it does stay down here," buying more, transfering funds, loading the truck. I think you will get your wish as I see this staying down here.
You still pumping like you did on XKEM on RB.
I will! hehehehe
I noticed Yotty is not saying August anymore but "as soon as possible,"....Sure
I think the boys are just diluting the crap out of this oinker.
I flipped it nicely 4 times between .0043 and .009. It got really hard to sell around .005/.006. At one point 5 mm's were on the bid at .006 and I put a measly sell order in at the bid, 200k shares, and they took 62K ($372) and dropped the bid and ask below my sell order.
Each week it seems there are blocks of around 3M that go thru but always @ the bid or below. I can only assume they relate to the warrant holders.
Seems PMED has had problems with hardware/software. They reduced their marketing staff to cut cost but used that as a reason why sales declined, per their filing. I think they are hiring back sales guys and repopulating the field with a software fix at no cost.
Not sure if they know what they are doing. Will watch looking for any signs of Revenue. Since the signing of the financing agreement (2nd one) the stock has dropped from .02 to .0041.
GLTY
Per Charlatan, Charlatans learning board #181, one may request Balance Sheets and other corporate records if one is a shareholder. If a company refuses one may file an SEC complaint. Pinksheet companies are still public and must disclose information to a requesting shareholder. They just don't have to report the information or make it known to the general public.
Terms of the financing can be found under the 10Q SB SEC filing. (www.pinksheets.com)
Basically, as of March 21, 07 PMED had $3.145M convertible notes outstanding to 4 investors. Notes are convertible into common shares at a 40% discount to market price.
Assuming a market price of .0041, PMED is obligated to issue over 1.278B shares to the warrant holders at a price of $.00246, less whatever may have already been converted. The obligation for PMED to issue shares upon conversion of the convertible notes is "essentially limitless".
Yes, 200M shares is nothing for a penny BUT the death spiral financing which they have in place is something; and it's not good.
Yea, @ .0001 but Homey was pumping this thing at a much higher PPS.
Wonder how large his "group" is. Maybe 2.