Housewife/retired law enf
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hopin, where have you been, we have posted back and forth about that.. haha, she will not budge and said its too hot, doesnt know gold if she saw it, etc, etc.. but yes, they did offer to pay,, my hubby said "tell jeff to take us" .. but i said, i cant, i dont bash paim..
they would do well to take her, and the pps would skyrocket when she came back.
and this one,, dont forget people! some are starting to panic,, so this is to sooth your minds :'>
jeffs email 12:27am e/t 5/30/07 - 2007/05/30 12:27 am Dear Shareholder's,
I know today has been a long, exciting day for alot of us.
I know it has been long for me, 167 email's and about 62 phone call's.
I am going to try and answer everything I can, now that I have read all Email's.
1)Preferred shares:
a)No divendend on these.
b)You can convert them at different rate's the longer you hold on to them.
c)Right now they are converted at 5000 to 1.
d)You do this by contacting the TA, Alice @ 916-760-7712
e)We are working on getting the PAIMP trading again.
2)CD's from debenture:
a)No divendend on these.
b)They are basically baby bond's, with a maturity date of 2011.
c)Yes, you can convert these 1 to 1 for common shares for the price of .01.
d)You do this by contacting TA.
3)Prol Divendend's:
a)No divendend on these.
b)The transfer agent finished delivery of all legitimate shares May 23rd
if you have shares coming to you, you should start seeing them soon.
4)Dilution:
a)The company is not selling any shares on the open market at all, to due so
at these level's would not be a very smart move, plus there is no reason
to sell any share's anymore, do to revenue coming in.
5)Shorting:
a)Yes it does exist, no matter how much other people try to tell you, that is does
not. If it did not exist why did the SEC that say's it doesn't exist, put a grandfather
clause in thier new sho reg. for anyone that has a naked short position, look it up.
b)Also check here to learn more, especially new investor's: http://www.businessjive.com/nss/darkside.html
6)Yes, we are forcing a short squeeze, because we know how shorted our position is, and it
is hurting all of us. This is only the begining, we have a few more step's to take to assure
that this hurt's those that have hurt us. As June 30th grows closer the higher the pps, as long
as we don't get alot of sell off's, some are alright, because the short is so huge, that a little
profit taking wouldn't hurt.
7)What is next for moving to the upper boards:
a)The Attorney is working on the final paperwork now to do just that.
8)If you email me with any disrespect, or bad language, I will not respond to you.
9)Thank's to all of the faithful PAIMER'S, and remember to stick in there. There is alot more
to come, the company is working hard to get all negative issues resolved.
10)Yes, the company is mining, and now producing gold, and it is growing rapidly.
Good Luck, and Thank You All
Jeff
recap from jeff.. look at #2 below!!!
email from jeff 5/28/07 - 2007/05/28 01:17 pm Good Morning Paimer's,
I know that you have some question's so I will try to answer them to the best of my ability.
1) I posted the link to the financial's this morning, so everyone could see that they are done,
as PRed, that they would be. These are very important for the move to a upper board.
2)No, there was not alot of gold sold during that time period, so the revenues are low, this is what
the market maker's, and manipulator's want to see. This is what we have been wanting them to see.
Remember just because you have gold, you don't have to sell it right away, some people may build a reserve
and sell later, better prices, big surprises, etc.
3) The financial's are the first step to strike a fatal blow to the short's.
Paim has had a plan in place to do just that, and with the new Attorney, who is awsome I must add, we
will be striking them back, and who know's, maybe this will be the beginning of a new era for small
companies, to learn from what we do, to protect themselve's against this type of activity.
4)As PRed before PAIM is mining gold, and has been, and the volume is increasing rapidly, and will
continue as PAIM sign's more, and more mine sites.
5)I wish I could say more, you'll just have to wait a little longer for the plan to come to fruitation.
6)True PAIMER'S will be rewarded, and the short's, well they will be hurting!
Thank You, Jeff
PS: Yes if you want on the email list, just send me a quick message, and I will reply and save you to my list.
My goal is to work with you, and to create a relationship between the company & it's shareholder's.�
a new poster on s/w just said "I just called my brokerage to purchase PAIM at .0004 and was told that that Schwab is not taking orders due do shady deals happening with this company. Just a heads up."
anyone know anything about this? hes a brand new guy there, only 2 posts, so i dont know him at all.. or his posting rep, but i told him i would ask the others about it.
like i just said on r/b, the fact that they gave a divy at all is something they didnt have to do.. if they were hurting.. they wouldnt offer anything right?
read between the lines.. im sure i do that too much, but i have to believe that something big must be happening that they can offer it at all.
did they say if they are going to p/r soon?
hopin', jeff has replaced gary, gary is the i/r for prol.. and prol shareholders havent heard from him.
read his email, its a minimum, but may be much more!
Cash Dividend, Based on Year-to-Date Gold Production and Sales Report Ending July 31, 2007, is Estimated at around $0.00001 Per Share, Pearl Asian Mining Announces
9:38a ET June 6, 2007 (Business Wire)
Pearl Asian Mining Industries, Inc., with Stock SYMBOLS: U.S.A. (OTC: PAIM) (OTC: PAIMP); Germany (GER: R1Z.DE) and (FWB: R1Z.F), announces that PAIM's Board of Directors shall determine the final Profit Sharing-Cash Dividend for its legitimate Common Shareholders of record date June 30, 2007 during a board meeting coinciding with its Semi-Annual MBO Meeting. The Cash Dividend will be based on the year-to-date gold production and sales report as of July 31, 2007, but it is initially estimated to be around $0.00001 per share. The Semi-Annual MBO Meeting is scheduled on June 21, 2007 at the Cagayan De Oro Headquarters of Pearl Asian Mining.
Chief Geologist Regie Selvano reports that the Gango Gold Rush Project is one of the promising prospects of Pearl Asian Mining Industries that is expected to contribute good additional revenue based on the computed projected gold recovery. The following estimates were used in the computation: 6-year gold production operation, gold ore reserves of around 1,026,000 metric tons (MT), cut-off grade of 10 g/t (average grade), 90% production recovery and a computed life span of approximately 56 years. In the first year of operation, the estimated net revenue from operations is $73,202.23. Furthermore, using a very conservative 50% overall recovery estimate and assuming a realistic production increase of 100% in the second year, and production is maintained for the remaining 4 years, after 6 years of operation the calculated overall net revenue is $841,434.89 and possibly more.
The Gango Gold Rush Site, located in Barangay Gango, Province of Bukidnon on Mindanao Island, covers a total land area of 59 hectares (146 Acres) with 21 existing tunnels operated by members of the local small scale miners' cooperative and also has an operational gold processing plant on-site. The property, located 14 kilometers (8.7 Miles) south east of Cagayan de Oro City, is accessible through an all-weather farm-to-market road. The area is confined in a slight to moderately sloping topography with elevations ranging from 100 to 450 meters above sea level. The metamorphic rocks that characterize the area, particularly phyllite, host the low sulphidation epithermal gold deposits. Phyllite is commonly foliated, light gray to yellowish green with extremely fine-grained textures. It is composed of microcrystalline quartz with powdered magnetite and possible limonite. The deposit is evidently confined in a sheeted quartz vein having a thickness ranging from 0.5 to 5 m. The small scale miners currently operating in the area manually extract the ore, but Pearl Asian Mining plans to bring in heavy equipment for more efficient operations. To view please Ctrl+ Click to see this link below. http://s184.photobucket.com/albums/x214/irjbosaw/
Furthermore, Investor Relations Officer Jeffrey Alan Bosaw reports: "PAIM's shareholders are massively converting their preferred shares from last year's dividends, into common share. Currently, the Preferred Shares (symbol: PAIMP) are converted on a ratio of 5,000 preferred shares per every 1 common share (Symbol:PAIM). It is estimated that when the record date of June 30 approaches, the total number of outstanding public float will be at around 15 billion shares."
it doesnt work-- ill ask him to post it here
haha, thats fun.. i just love that little cheer leader.. hey, im gonna try to cut and paste something here that coyote posted on r/b and stockwire..
its amazing.. but it may not paste right.. hang on
mornin' everyone :')
hi cash. do you think we will really see the p/r soon? im hoping.
no news from jeff, no ecards,, maybe news is coming after hours or in the a/m.. im off to get my fill of crabs.. have a nice night everyone.
oh my gosh, i love the cheerleader thing,, cute! :'>
hi there cash! just catching up here.
haha, you can wink at king too, he just may blush a little, hee hee..
lets have a great day everyone!!!
my wish is to see a sudden spike in the volume at .0005, then .0006, and then, BOOM!!! news hits!!
sorry, i got a little carried away.
:'D
dont forget everyone, they have more news coming in 10 days. i know a lot of the report was a recap.. but maybe the new news will be much more?
for the life of me, i personally have not seen such amazing news for a penny or any stock, and it doesnt go up..
efgo has done sooooooooo much for the shareholders.. that town hall is about the coolest thing out there.
they need to win! they deserve it!
good morning everyone.. just popping in to say, i hope that the fact that we have not heard from jeff on email, e-card, raging bull (one of his most posted spots) that maybeeeeeeeeeee news is coming today and hes careful not to talk to us today?
a girl can only hope right? :'>
goooooooooooo paimmmmmmmmmm!!
thx cash :'D
why cant you buy? i bought on line via ameritrade.
i cant stand it! im excited.. but as you all know, i bought too high.. that seems to be my style lately, haha.
thank you.
well, i see that i cant delete a post, but you deserve to be deleted.. thats just wrong and you shouldnt be able to bash another paim holder, no matter who they are.
its 8:09 here, werent they going to post it by 5pm pst?
ya, ameritrade is 3 days too i think.. 2 weeks is scary.
tiger,thats what i was saying earlier that the pps was waiting for him to get better, then it would go up, he has great timing..
:'>
hey gravy, is what ever you are talking about over? or upcoming? i dont want to have to jump thru hoops to mail certs back and forth.. let me know, thx,
gail
much better! i just cheered when i saw that! im happy for my friend/coworker also.
jeff came right out and said it in the post way down here.. also, theres no known diamonds,, it was a diamond tipped drill, but i wish that was true! :'>
sam, then if it goes over .05, we can both smile.. :'>
im gonna puke :'o
thx gavin.. so whats the significance of this news? is it news of the year? month?.. give me some hope.. :'> what do you think it will hit,, at the minimum, realistic guess.
nope, never heard of it til someone just told me.. then i checked you guys out, then i bought too high,, thats how i do it. :'<
but my friend did good, i just waited too long.
ya, but not at .025,, im nervous, but you all keep talking about some great p/r.. i dont know a thing about this company but am trusting a friends tip. soooooooooo, lets goooooooo!!!!!
i gave in and bought too high at .025, and i also got my coworker in at .025, so i pray that it keeps going.
thx jerry, i didnt appric janice deleting my post that just talked about the mod thing.. but im here to support paim.. balance it out a bit.
in new blood,, and my coworkers order too.. haha, but not in yet, waiting on .015 but hoping the best for you all if i miss out.
or gold info, hey everyone, jeff has posted on raging bull,, take a look-ee-loo
http://ragingbull.quote.com/mboard/boards.cgi?board=PAIM
ah, cool, im asst mod.. thx matt! :'>