Etrade has it under 'PRMX' again...yesterday it was listed as a chain of numbers....I can buy and sell it under the old ticker....hmmmm...

...things are coming together here...hope this 'new' company keeps the share structure low...a 50 mil O/S and a 20 mil float would be a beautiful thing ...

PRMX - name change to LJWY ... a log falls in a forest and no one hears...but this may be a Redwood.

...cannot trade it since Monday...the name change is happening now! ... keep this one imo on alert...

1. May 9: Precious Metals Exchange Corp. (PINKSHEETS: PRMX) today announced it has signed and executed a Letter of Intent to purchase Caritas Ranch Barbecue of Boerne, Texas. Caritas Ranch Barbecue has been a nationwide supplier of beef and associated food products for over 15 years. Caritas distributes through retail outlets including Sam's Club and Costco, HEB food stores and Six Flags Amusement Parks.

2.May 10: Precious Metals Exchange Corp. (PINKSHEETS: PRMX) today announced following the recent signing of a Letter of Intent to purchase Caritas Inc., its purchase of Legends Bar BQ, a retailer and wholesaler of BBQ beef and pork products. The Legends Bar BQ brand will be sold through direct internet marketing, conventional retail stores and offer gift selections.

3. May 12: Precious Metals Exchange Corp. (PINKSHEETS: PRMX), dba Legends Food Corporation, today announced that it welcomes Ty Gerot to the Company as Chief Executive Officer. The Company is also conducting an immediate accounting of all stock due to recent inquiries from shareholders and the public.

The Caritas plant now is capable of producing millions of pounds of meat monthly and the Company will immediately expand to bring the Legends brand to Caritas' existing locations, including Sam's Club and Costco. The Company will begin to market directly to consumers through its new and user-friendly website. The marketing of its gift items, tailgate party supplies and home bar-b-q products can be shipped overnight fresh and ready to eat. The flavor and quality are locked in with the Company's vacuum-sealed, deep frozen system that makes the product superior to any other on the market today. Regional promotions are planned and a larger web campaign will be initiated this summer covering a worldwide distribution.

As of May 10, 2011, there are 43,431,000 issued shares of stock of which 14,546,000 shares are available for trading at this time. This is commonly called the float.

4. June 21: Precious Metals Exchange Corp. (PINKSHEETS: PRMX), dba Legends Food Corporation, announced today the Company has filed to change its name to Legends Food Corporation. The Company has also submitted a request to change the stock symbol.

5. July 19: Precious Metals Exchange Corp. (PINKSHEETS: PRMX), dba Legends Food Corporation, has received approval from the Financial Industry Regulatory Authority (FINRA) to change its name to Legends Food Corporation effective July 19, 2011. The stock symbol will change from PRMX to LJWY in 30 days.
Mark Ussery, Legends Food's Vice President, stated, "We will soon start our audit to file with the SEC to become fully reporting and trade on the OTCQB. Our plan is on schedule and we will keep shareholders apprised of our progress."


....A/S went up from 50 million to 300 million last month - O/S and float last reported very small. We shall see with awaited financials if they change. Market cap from this basically shell of a company was under $300,000...these two new companies could be worth ten times or more than this.

Keep your eyes open for LJWY ... lets see what kind of 'log' it is ... deadwood or Redwood...


...Caritas btw has 20 to 49 employees...real company thats been in business for 14 years....:

http://www.manta.com/c/mmfkmcv/caritas-ranch-bar-b-q

...Caritas btw has 20 to 49 employees...real company thats been in business for 14 years....:

http://www.manta.com/c/mmfkmcv/caritas-ranch-bar-b-q

PRMX - name change to LJWY ... a log falls in a forest and no one hears...but this may be a Redwood.

1. May 9: Precious Metals Exchange Corp. (PINKSHEETS: PRMX) today announced it has signed and executed a Letter of Intent to purchase Caritas Ranch Barbecue of Boerne, Texas. Caritas Ranch Barbecue has been a nationwide supplier of beef and associated food products for over 15 years. Caritas distributes through retail outlets including Sam's Club and Costco, HEB food stores and Six Flags Amusement Parks.

2.May 10: Precious Metals Exchange Corp. (PINKSHEETS: PRMX) today announced following the recent signing of a Letter of Intent to purchase Caritas Inc., its purchase of Legends Bar BQ, a retailer and wholesaler of BBQ beef and pork products. The Legends Bar BQ brand will be sold through direct internet marketing, conventional retail stores and offer gift selections.

3. May 12: Precious Metals Exchange Corp. (PINKSHEETS: PRMX), dba Legends Food Corporation, today announced that it welcomes Ty Gerot to the Company as Chief Executive Officer. The Company is also conducting an immediate accounting of all stock due to recent inquiries from shareholders and the public.

The Caritas plant now is capable of producing millions of pounds of meat monthly and the Company will immediately expand to bring the Legends brand to Caritas' existing locations, including Sam's Club and Costco. The Company will begin to market directly to consumers through its new and user-friendly website. The marketing of its gift items, tailgate party supplies and home bar-b-q products can be shipped overnight fresh and ready to eat. The flavor and quality are locked in with the Company's vacuum-sealed, deep frozen system that makes the product superior to any other on the market today. Regional promotions are planned and a larger web campaign will be initiated this summer covering a worldwide distribution.

As of May 10, 2011, there are 43,431,000 issued shares of stock of which 14,546,000 shares are available for trading at this time. This is commonly called the float.

4. June 21: Precious Metals Exchange Corp. (PINKSHEETS: PRMX), dba Legends Food Corporation, announced today the Company has filed to change its name to Legends Food Corporation. The Company has also submitted a request to change the stock symbol.

5. July 19: Precious Metals Exchange Corp. (PINKSHEETS: PRMX), dba Legends Food Corporation, has received approval from the Financial Industry Regulatory Authority (FINRA) to change its name to Legends Food Corporation effective July 19, 2011. The stock symbol will change from PRMX to LJWY in 30 days.
Mark Ussery, Legends Food's Vice President, stated, "We will soon start our audit to file with the SEC to become fully reporting and trade on the OTCQB. Our plan is on schedule and we will keep shareholders apprised of our progress."


....A/S went up from 50 million to 300 million last month - O/S and float last reported very small. We shall see with awaited financials if they change. Market cap from this basically shell of a company was under $300,000...these two new companies could be worth ten times or more than this.

Keep your eyes open for LJWY ... lets see what kind of 'log' it is ... deadwood or Redwood...

stock-junkie  
Share
Thursday, July 07, 2011 3:09:46 PM
Re: coolbluewater post# 11985 Post # of 12309 
It's funny how anyone has any problems investing in a company that had actual products on shelves. This isn't POT*, they're not selling "the definitive rights to acquisition of land". Actual product, in stores that makes a profit. LYJN

Look for new LYJN products at Walmart this month! Supposed to be shipped in this month to 1,500 of them....been a while since last PR, pps seems to be ready to break up a bit.....


....we shall see!



!

The day that there are more people on this board saying: " Hey I found the collection at xxxxx Walmart!" imo the pps will break out. How many more people I have no idea, but I have seen this happen before. Being able to actually see your penny stock investment in the real world of retail, especially at Walmart and Claire's, can do wonders for a pps. This will create excitment, people will show pics, they will conduct there own little interviews lol with Walmart employees on how sales are going, etc. Walmart is the largest company on earth, so this gives any investor a lot of confidence...almost supreme confidence at least in the short term if and when these posts and pics start coming in.

...if the product starts selling too...then you have a possibility for reorders for back to school....you would also then have a retail success story at Walmart for LYJN to approach many other retailers and expand their business further.....

Many positive possibilities here and that's why I have bought some shares for the summer to see what happens!

...good strategy bobby...crazy world this can be!

...every summer its slow....so be even more careful or prepared to hold longer. The insane volumes wil appear again late next month and September when everyone is back from vaca. Anyone who invests a lot of money in pennies wants as much liquidity as possible so they often cant chance playing around in these dog days of summer.

So my picks are long now and LYJN for summer, with some money on WAMUQ and NRTLQ for lotto...and a new one to get a small floater in: PRMX. Not being pumped or even talked about with big aquisition about to hapen....

Good luck !

Stervc: you are the diamond standard throughout these years...supberb DD coupled with a true respect for your fellow Ihubber.... thanks for all you do! ...

...its all about NRTLQ and WAMUQ this week. I am all in as Summer is traditionally the toughest and slowest time for pennies - though BBDA did great.

Q's are the most risky, but these two with the right news brewing like they are right now - could have money flow into them from all parts known and unknown lol from the investment world. IMO you should buy some shares 'just in case' if you haven't yet ......

Good luck guys....!

Watch out newbies: summer = smaller volume.

That's why you don't even see many of the same names as only a month ago.

Smaller volume.....less liquidity....all these frontloaded picks by people or groups claiming this or that means little imo cause they dont tell you when to sell....a massive musical chair game leaving you sometimes holding the bag.....

...see you guys in September....

...summer is worst time for volume.....hard to get any kind of traction.,..i am hunkering down therefore in a play that if the right News hits - Wall Street money steps in: WAMUQ....again i say Wall Street money...not their 'official' money - but personal accounts if commons are preserved which imo has as good as a chance as GGWPQ had two years ago...

...good luck board...and newbies beware that imo half the money is gone from pinkies in the summer..I have seen it for a decade now...

..but good luck all!

..haha..well said Pastor...well said...!

ENOUGH! Every weekend we as investors, newbies, flippers are sick and tired of pumps to nowhere...at the very least change your name.....as your moniker should not in any iota represent the Gospel of Christ....which has absolutely nothing to do with anything here....lol!......are you kidding me infinity smalls?




......blah.......blah...........blah.............and no more words need to be said....

"DelShareholder Btw,confirmation that at least some the attorneys read the boards...fwiw!
about 2 hours ago"...

...thanks for this Tweet ilenes! ....I am a spectator investor like many other anonymous hundreds here watching from sidelines and will leave this discussion in more expert hands....but its good to know that all these volumes and volumes of posts, concerns, facts and demands are at the very least being read at times by some of the counsel....

...if I could give you 100 person marks I would....!


Thanks,

DiamondFIRE!

...its just sleeze AABA doing there tricks with pps.....and STXG....when they back off this usually moves back up....

..here come the 7's!!!

Maxed out float makes this a running trip Z all that more compelling and lucrative. This would have ran with the news, hype and momo: but to also have this non-diluting float is imo an extreme bonus....

..its AABA doing its thing again....this MM is the worst....

The second AABA steps away pps goes up ... how this one MM has that much power I have no idea....anyone know....?

...wow you made a couple hundred bucks.....but thanks for selling at the ask....!

AABA: yes - I blame 100% you....shows back up and immediately drops Bid and Ask......

LETS NOT HIT THE BOARDS...lol.....lets let this strength of pps speak for itself.....we dont want flippers for a day or two ....we could really fly here with float maxed out!

...all this strength after run-up and best of all unlike say EYSM or even GOIG we will not have dilution because float is maxed out!...and we are seeing this imo right now....my goodness....isnt it nice to just have us shareholders calmly buying and holding without the dilution ruiining momo that happens so often?

..

...I mean very GREEN without that peice of AABA krap dumping in our oatmeal lol!

AABA is gone! ...when AABA steps back - all the other MM's let it run........AABA has backed off a bit.....lets hope that #*%#%* has the shares it needs or needed or whatever and we can even close green !

..dumping/shorting over for now for imo the most part.....chart pointing clearly up...could be a nice recovery....amateur hour ends in five minutes....!

AABA is criminal! I am glad they are not in the J series - only three MM's there .... I hate AABA....this would be over a dime imo if not for this scoundrel...watching L2 all morning and they are the ones suppressing Ask and lowering Bid ... the other MM's then follow its lead....AHHHHHHHHH!

About LEHMQ and LEHJQ....: of all the different preferred stocks of Lehman - the one within imo the 'Goldilocks' zone is the 'J' series....after LEHMQ it has the most liquidity and volume...and best of all, especially in any bankruptcy hearing/payouts - preferred are the ones you want. Also, LEHJQ has a low 60 mil OS ...

...now with two to four billion being given back to Lehman - you would think there is enough money to go round to all shares, even the commons....so maybe this is a moot point....but why not buy the cheaper stock right now that anyways should be trading imo at least five times above the commons being they are preferred shares.....and are the safer bet in any payouts forthcoming...?

Preferred shares are in line after bond holders....then last are the commons - though you would think there is enough to go around to all with 2 to 4 billion in payouts...but this is the great advantage of preferred: they don't usually gain as much as the commons percentage wise...but in a bankruptcy they are the ones you want! :

"Greater claim to any of the company’s assets: In the event of a bankruptcy and ensuing liquidation, holders of preferred shares receive any money left over before holders of common shares receive any money. In liquidations, common shares often become worthless."

http://www.dummies.com/how-to/content/how-to-know-the-difference-between-common-and-pref.html

"Preferred shares feature senior asset claims above common shares. This means that preferred shareholders are paid prior to common shareholders from the proceeds of any asset sales amid bankruptcy."

http://www.ehow.com/info_7801746_features-preference-shares.html

" The main benefit to owning preferred stock is that you have a greater claim on the company's assets than common stockholders. Preferred shareholders always receive their dividends first and, in the event the company goes bankrupt, preferred shareholders are paid off before common stockholders. In general, there are four different types of preferred stock:"

http://www.investorguide.com/igu-article-818-stock-basics-common-and-preferred-stock.html

Preferred shares are in line after bond holders....then last are the commons - though you would think there is enough to go around to all with 2 to 4 billion in payouts...but this is the great advantage of preferred: they don't usually gain as much as the commons percentage wise...but in a bankruptcy they are the ones you want! :

"Greater claim to any of the company’s assets: In the event of a bankruptcy and ensuing liquidation, holders of preferred shares receive any money left over before holders of common shares receive any money. In liquidations, common shares often become worthless."

http://www.dummies.com/how-to/content/how-to-know-the-difference-between-common-and-pref.html

"Preferred shares feature senior asset claims above common shares. This means that preferred shareholders are paid prior to common shareholders from the proceeds of any asset sales amid bankruptcy."

http://www.ehow.com/info_7801746_features-preference-shares.html

" The main benefit to owning preferred stock is that you have a greater claim on the company's assets than common stockholders. Preferred shareholders always receive their dividends first and, in the event the company goes bankrupt, preferred shareholders are paid off before common stockholders. In general, there are four different types of preferred stock:"

http://www.investorguide.com/igu-article-818-stock-basics-common-and-preferred-stock.html

Great sign: SMVI IS NOT being pumped on Ihub's three biggest boards. Meaning imo that all these traders, flippers and obvious 'group pumpers' (who usually leave you holding the bag...) have either already traded this one or are too focused on pumping their own plays...:

See the boards right now for yourself and look for 'SMVI'...:

BB's Board : http://investorshub.advfn.com/boards/board.aspx?board_id=2199

Momo's Breakout Board : http://investorshub.advfn.com/boards/board.aspx?board_id=4929

Hunt for 5 to 10 Baggers Board : http://investorshub.advfn.com/boards/board.aspx?board_id=4929

...and you better believe that all those names would be shouting SMVI if they held shares on the second day of a major trip Z breakout where so much can be made...sometimes when everyone at night or on the weekends is shouting the same ticker it flies....most of the time I have witnessed the opposite.

...: so - if we finished HOD without all these mostly flippers, and we have a maxed out float so no dilution can happen: then I have to believe these shares are being bought by much stronger hands and others outside of Ihub....and to me this is a VERY BULLISH SIGN of things to come....

OK board: which series will you buy? I like the commons as they are the most liquid and easiest to trade....and I like the second most liquid one with sort of that 'Goldilocks' share structure - not too high, not too low: LEHJQ with its 66 mil OS....could run like crazy, as I only saw 3 MM's on Bid and Ask....and after .04 on Ask it went to .10....

....as for all the others - wow! do we ever have a lot to pick from...with the exciting aspect that they have not run yet, and with so many to choose from many here could stil get in on 'the bottom' in the morning as all the $$$$$ pouring in should be dispersed throughout all of them....with LEHMQ and LEHJQ having most volume.

...or will everyone just stick to these two most liquid ones, not wanting to risk getting stuck in a low volume stock.....???????

...

TAKI thanks for so boldly sharing...and bringing smiles to all our faces....I still laugh to myself when I think of the song you sang a couple weeks back with I think a sheet over your head....haha!

...if 'T A K I' was an OTC stock....safe to say it would go 'to da' Moon!' Monday morning....and then bashers would come in a criticize your performance, and shorters would point out...your......um........shorts? ...lol!


..take care!

...well if just Globalprenuers comes through with 50,000 in sales this year this imvho trades in dollars.

...but it is exciting to look at the real in fact huge insider business and probably personal connections already there...that puts PVSP lucratively and uniquely in the middle of a possible VVoiP Revolution....no gaurantees that anything might ever happen.....but at the very least these relationships are already here - not to be found with any other VoiP penny stocks...! ..

...Facebook connections are all there as our Players know their Players: Fanning-Fanning-Parker-Zuckerberg :CAN THERE BE A MORE DIAMOND/GOLDEN BUSINESS CONNECTION THEN THIS SHORT TRAIL?

....anything Facebook puts this in ORBIT ... to truly epic proportions....Facebook has helped bring down governments around the world for goodness sakes its so universally Important....

Hey - lets make a Skype call! ... OK....hold on....let me boot up my computer......why do so many things have to start up, pop up, warn me, want to update me when I boot up Microsoft - ahhhh! .....

...three minutes later.....finally I can make a call.....oh this is soooooo convenient - not! ....

Hello ? Hey man what's up? ....Whats that - we are talking over eachother becasue of the delay - ok no you go ahead - you want me to go ahead....wait you first, I'll wait then I will speak....oh wait you just froze up ....



Skype is almost a dinosaur - once people start using imo video phones : game over ...

...from a post last week of mine lol...aint that the truth. And also that this sub-par Skype VoiP and VVoiP experience was just valued at 8.5 billion by Microsoft...

...so no matter what anyone says here....this alone will justify any and all support, hype, pumping, cheering-on, and as Gene Wilder says as Willy Wonka : "etc. and etc!" ...hehe... why? : because this is an .05 cent stock with an OS of probably around 50 million! And because seriously connected and veteran and maverick movers and shakers Fanning of Napster and Abrams of My Space of NetCapital bought PVSP's debt.........because........(and I personally never tire of hearing it $$$$$) :

"NetCapital's Chairman, John Fanning, noted, "We have a track record of success with disruptive technologies, and Pervasip's technology is a true example of how game-changing vision and wisdom can be forged into a paradigm-breaking commercial product.  We have been following Pervasip for years, waiting for the right opportunity to partner and invest.  Today we have found a time of great value....."We are eager to bring additional technologies to Pervasip," added Fanning.  "Not all VoIP is created equal, and we have found the VoIP network at Pervasip to be of superior quality and reliability.  We therefore plan to combine it with other technologies, such as wireless spectrum, so Pervasip can fully take advantage of the world-wide mobile Internet revolution."  

Hey - lets make a Skype call! ... OK....hold on....let me boot up my computer......why do so many things have to start up, pop up, warn me, want to update me when I boot up Microsoft - ahhhh! .....

...three minutes later.....finally I can make a call.....oh this is soooooo convenient - not! ....

Hello ? Hey man what's up? ....Whats that - we are talking over eachother becasue of the delay - ok no you go ahead - you want me to go ahead....wait you first, I'll wait then I will speak....oh wait you just froze up ....



Skype is almost a dinosaur - once people start using imo video phones : game over ...

...from a post last week of mine lol...aint that the truth. And also that this sub-par Skype VoiP and VVoiP experience was just valued at 8.5 billion by Microsoft...

...so no matter what anyone says here....this alone will justify any and all support, hype, pumping, cheering-on, and as Gene Wilder says as Willy Wonka : "etc. and etc!" ...hehe... why? : because this is an .05 cent stock with an OS of probably around 50 million! And because seriously connected and veteran and maverick movers and shakers Fanning of Napster and Abrams of My Space of NetCapital bought PVSP's debt.........because........(and I personally never tire of hearing it $$$$$) :

"NetCapital's Chairman, John Fanning, noted, "We have a track record of success with disruptive technologies, and Pervasip's technology is a true example of how game-changing vision and wisdom can be forged into a paradigm-breaking commercial product.  We have been following Pervasip for years, waiting for the right opportunity to partner and invest.  Today we have found a time of great value....."We are eager to bring additional technologies to Pervasip," added Fanning.  "Not all VoIP is created equal, and we have found the VoIP network at Pervasip to be of superior quality and reliability.  We therefore plan to combine it with other technologies, such as wireless spectrum, so Pervasip can fully take advantage of the world-wide mobile Internet revolution."  

...still holding here...too much potential for this to explode. The VVoiP revolution has not begun - yet, so I am holding my shares long term and am looking at this as investing in computer company's in the late 1980's.

...btw a revolution would just be an extremem bonus - in the short term PVSP only has to sell another 5000 measly phones to turn a profit...and I think new technologies like this have a waiting period at the beginning before sales go parabloic like Ipods did at first, then flat screen HD tv's did for a couple years - now 3D tv's are at the beginning edge of their upward curve.

imo same thing will happen with the video phone....and we have according to huge industry mavericks and insiders the BEST VoiP service on the market ...WOW! In a post 8.5 billion dollar sub-par quality Skype world this speaks volumes to me...

...so lets see the .05 area create a nice base this week - and see if we can move up and hope for some further good news - as all the news the past couple months has been imo good to very good.....

I'm running to a safe pick lol : LYJN for the summer. All about the power of incredibly for a penny stock The Beatles and the power of Walmart - never underestimate either imo. I bought in my first lots Friday and will add on the dips this week. Is it smart to talk about this stock if I only bought about half of my shares? : no ...but isn't this refreshing for damn once haha!.....so go ahead and DD it, and consider buying with me...I will just buy at a higher price if enough of you do - big deal...

I am done following anyone else's pick and feel embarrased now that I did. I always did better when I followed my own gut feeling anyway...'fewer trades...better trades...every trade...' is my motto - got to get back to it full force...

LYJN landed a deal with 800 Claire's women store in March to sell their 'Lyric' jewelery that comes in rings, necklaces, bracelets etc with sayings on them from classic rock songs....and I like the pricing as its not too much and not too cheap....from the March 3rd press release :

"The line carries an assortment of jewelry featuring interlocking bangles and rings with lyrics written by John Lennon and Paul McCartney and made famous by the Beatles including "All You Need is Love" and "Can't Buy Me Love." The collaboration is a natural progression for both brands as music and fashion are such closely connected entities. The Claire's brand sees the partnership as an opportunity to embark on new territory as well as a way to update their current inspirational call to action jewelry. The retail price for the products ranges from to 10.50 - 12.50 USD.

....but then the pps continued down to a half a penny...I dont know why ....call it what you will and blah blah...but then the next PR was big : Lyric will be selling a customized line of over 40 jewerly styles to none other then Walmart....and 1500 of them at that...here some details about the deal :

"The line includes over 40 different styles in the assortment of necklaces, bracelets and key rings featuring inspirational and country music song lyrics such as "Jesus Take the Wheel/Carrie Underwood," "The Dance/Garth Brooks," "God of Wonders/Chris Tomlin," "My Wish/Rascal Flatts," "Heart of Worship/Matt Redman," "Live Like You Were Dying/Tim McGraw," "Mammas Don't Let Your Babies Grow Up To Be Cowboys/Willie Nelson," "Mighty to Save/Hillsongs," "American Honey" made famous by Lady Antebellum and many more. The retail price for the products ranges from to $4-7 USD.

"We are continuing to expand the range of music that drives the creative direction of our brands," said Hanna Rochelle, President of Lyric Culture. "Walmart is the ideal retailer to distribute the Lyric Nation line with inspirational and country music at its core," she continued.

...a very good match for Walmart demographics ... and a bit cheap on the price - but at this price point I dont see girls thinking twice whether they can afford one....

Also, I like the week chart as there are little dips if any as I think I am not the only one accumulating now for July :

http://www.thehotpennystocks.com/Stock-Quotes/?stock=LYJN

And finally, the share structure was just updated, and only 40 million or so was added to float in last 13 months....I've recently seen that many shares diluted into market in one day on some of these more recent pump and dumps...:

LYJN Security Details
Share Structure
Market Value1 $12,642,988 a/o Jun 03, 2011
Shares Outstanding 632,149,405 a/o May 31, 2011
Float 281,819,901 a/o May 31, 2011
Authorized Shares 1,000,000,000 a/o May 31, 2011

...anyone else want to patiently join me with some summer side money for probably a two to five week (or more depending on all the stars 'lining up') play?