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SORRY PAL. GLOB
THANK YOU BLOB
Here is a scary point.
I sent an email from my wife’s email address acting like I was a new investor to the investors link in the web site and was just asking basic questions that had absolutely no, nada, none, zero, zelch to do with information that has not already been published.
One of the questions was, is there an investors packet and is there an investors line of communication that I can join.
Now the scary part
There was no reply
I would like to know how the company that I put my hard earned money into is currently doing, then we can look to the "pie in the sky " acquisition.
Here is one of the problems with the statement that Maxwell errrrrr Micro (sorry just saying that you give answers very similar to what Maxwell would) has repeatedly said.
The statement is or something close to "they have there accountants working on the acquisition and will not release financials before the acquisition is complete."
Here is the big problem that I have with that statment, we (the shareholders) have documented evidence that they were going to complete the acquisition in two weeks (ALMOST A YEAR AGO!!!!) what happens if they do not complete the acquisition for another year? No financials for 18 months?
Glob I am not one that usually asks this and do not want you subject you to the beating that you get from other members on this board when you pass along the info that is told to you but, have you talked to Kuni lately? Is there any hope left?
Am I missing something here? the PR that was just realease an hour ago isn't that the same release from 01/11/12? Do you think that they entered the wrong release and it should be the results????
one, I agree that they keep saying that they are almost done the thing that frustrates me is they have been almost done for 9 months with no explanation as to what happened to miss, the self imposed deadlines. Besides that if it was just a paperwork issue, We do not live in the 1960's where you would have to mail paperwork or fly there to deliver the information, they are an IT company and should have this information available at a moments notice and have the ability to supply any data needed electronically from anywhere around the world.
Sorry, I am just frustrated beyond belief at the moment
That has been my biggest beef with the way this whole acquisition process has been performed. NO PROFESSIONALISM! I get it, that this is a hard long process and things happen to extend the process.
If this is real then just tell us what happened ! Example
April IOR well be finished in approx two weeks APRIL FOLKS!!!
and we have had emails telling us that it will be in two weeks or bye the end of the month or the one that I thought was the most original was the we are coordinating logistics to have a meeting for people from around the world to finalize the deal. think that one was in June/July time frame.
They have talked to the targeted acquisitions customers to gain there assurances that they would stay with PHIN. They have been audited to the Nth degree. they have waited on this and that! even needed to wait to pay a bill so they could "finalize" the deal (think that one was November)
We had will be completed before Dec 10th (finely a draw a line in the sand date) and yet that came an passed with no explanation and the lack if PROFESSIONALISM show through again! but now it is to the point we can not even sell if we wanted to! so we trudge on with it, next it will definitely be completed be for the new year. OHHHH Wait on Dec 30th we get yet another email saying basically that nope we missed it is taking too long and to get over it. (i know that is not what it said but if you read between the lines.) ohh and yes I almost forgot we the 3rd week in January part the only thing I can say about that is 3rd week in January of what YEAR?
Yes I am a little frustrated this morning this is getting so old!
If there is no acquisition then just do the professional thing and come clean with the deal fell through.
PIHN can stand on its own with Staff IS alone! there is absolutely no reason to let the company fall into this kind of disarray chasing something that may never happen.
KUNI fix the financials, fix the DTC chill, fix the public relations nightmare, fix the stop sign, and then after that is all fixed then take what you have learned from the two failed attempts at acquisition and do it the right way next time!
the comment of PIHN is not going to even work on reporting the financials until the acquisition is completed if you had made that comment in April I would not have worried that they would be completed in a couple of weeks NOW I worry that they are never going to be competed.
SHOW SOME PROFESSIONALISM!
Have a great weekend PIHN heads may next week see the same gains as this week LOL
Thanks N4
Well blow me over!!!!!!!! If we can just make it to 200% I can pay back that 5 bucks that I owe! LOL
Can someone tell me if this was just a paint job or did we really move up a tick?
Eventually the paint does dry …
…
…
…
…
Right???
Glob, Thank you!
Then someone should explain what a PR is to CB and the benefits of placing one.
It is more than just a statement on the bottom of an email!!!!!!!
"If I had just $2 left, I would spend $1 on PR. Bill Gates"
From the web site Investopedia
Definition of 'Press Release'
News that is sent out or released by the company making the news. If it's an earnings press release, the release will discuss the company's financial results for the recently completed quarter and may provide comments from management. Press releases often list valuable contact information that can assist investors in their research, such as the company's web address, and contact and address information.
MMMMmmmm I guess PIHN does not have anything to say EVER LOL
does anyone remimber what it feels like to have a PR before opening bell?
So let me get this straight
Shoes,
A new car,
Caribbean vacation,
Caribbean cruise with drink of choice from each stop
Rum
Mortgages
MMMMmmmmmMMM BEEEEEEeeeerrrr
And
Amsterdam,
I am good with doing each and every single one of those things with everyone here
Just one question
Until Kuni grants us all of that
Can I borrow 5 bucks to for a beer today and pay you back Tuesday? LMAO
I will see your Caribbean vacation and raise you a Caribbean Cruise to all locations. And buy you a drink of choice from each stop,
Can you say RUMMMMM YUMMMMMMM!
ohh ok i thought i was loosing it there for a minute. LOl
sure would be nice to kick off next week with some news!
COMMMMON KUNI baby needs a new pair of shoes.
was there a 13m buy today? I dont see it, or am I just blind?
So if we could possibly get all the way to 2 does this qualify a run????? LMAO
Glob, Thank you for your efforts, there are a few of us that DO appreciate your efforts and posting the tidbits of information that you are able to extract.
Here is the bottom line here
Kuni and CB if told us over and over and over it will be in two weeks or it we will close this by "X" day or we are in the process of coordinating the logistics to fly all the key players.
And over and over again, all we get is another due date without any kind of explanation as to why they missed the promised date or action. NO ACCOUNTABILITY with no recourse for the shareholders.
At first I was not happy with reporting PHIN to the SEC but the more that I thought about it and the more times there is another deadline missed I am getting to the point that I will be wanting the info from POPEYEMAG so I can forward my emails to the SEC as well. AND that includes the one that told me to “stop the BS” from our friend Maxwell.
Happy new years all PIHN heads my the comming year be better than 2011!
did i miss a post about CB's email being changed? or did he just move me to the do not respond list?
i used cbmaxwell@sonnet.com and i have used this email for a while and now i received a "Delivery has failed to these recipients or groups"
Merry Christmas to all, have a happy and safe holiday!
Just a little Christmas humor PIHN style.
On the 1st Day of Christmas MY PHIN investment gave me a… never ending acquisition.
On the 2nd Day of Christmas MY PHIN investment gave me 2 companies (PIHN and the “Acquisition”)
On the 3rd Day of Christmas MY PHIN investment gave me 3 country languages to mess up the published financials
On the 4th day of Christmas MY PHIN investment gave me 4 quarters of late financials
On the 5th Day of Christmas MY PHIN investment gave me 5 GOLDED EXCUSES (1 Waiting for results, 2 reviewing the results, 3 more questions need answers, 4 pay for results and answers, 5 was sick)
On the 6th Day of Christmas MY PHIN investment gave me 6 quick vacations for IR contact to ignore investor’s questions.
On the 7th Day of Christmas MY PHIN investment gave me 7 “hopefully in two weeks”
On the 8th Day of Christmas MY PHIN investment gave me 8 months of no PR’s
On the 9th Day of Christmas MY PHIN investment gave me 9 thousand dollar tax write off.
On the 10th Day of Christmas MY PHIN investment gave me 10 unanswered emails.
On the 11th Day of Christmas MY PHIN investment gave me 11 worthless stockholder updates!!!
On the 12th Day of Christmas MY PHIN investment gave me 12 missed deadlines!!!!
Hi PIHN Heads, Been away for a bit took a trip to Atlanta to watch my daughter graduate! Wow Finely!!! Anyways it sure would have been nice to be able to give her a big fat check for graduation curtsy of PHIN Oh well, I have a strange feeling that this week we get what we have been waiting for, an actual closing date! Non of this before X date or within X weeks. I feel that we will actually get a true closing date and yes I think it will be after the holidays but we will have an actual date. This is just a feeling but it is the first time in a long time that I have had a good feeling about PIHN.
I hate to put this out there but, with their track record, It is a possibility. The way I see it is
That they now have found some other “glitch, audit, review, payment, vacation, sickness, or holiday,” and needs two more weeks. That would put it at Xmas eve. Kuni wants to be Santa and fill our stockings with PIHN shares!!!
I hate to be the bearer of bad news but, tomorrow is not judgment day. Monday is.
Technically they could still close the deal tomorrow afternoon and still meet the commitment date.
Monday will be the day to burn up the wires.
I am ok with greedy!!!!
.01+ would fix a lot of my $$$ ails
I would be more than happy with .0024 .0048 would be better LOL if we are hopping might as well hope for a pop!
Well i guess I am now Cool!
LOL Jazz5, Please please please do not sit there and wait for the acquisition to happen on Saturday! There is so much you can still do with your life! Go skiing in the Rockies, surfing on the coast, deep sea fishing in the Bahamas. I do not want to see you waist away your time! If I would have believed the LOI last February that the closing will be in Q1, I would have missed out on an entire year of activities like planting flowers in the spring, a summer of jet skiing at a lake, a fall drive through the Rockies to see the aspen leaves change color, the first snow of the year, catching that first chair lift to the top of the ski run, putting up Christmas lights … …. … ok ok, that is all I can take of the sweet life mushy crap! LMAO
I want the acquisition to happen as much as the next guy. But if you really think that it is going to happen before the 10th (a Saturday) then it is time you took a deep breath, stand up for the computer, go outside and walk around the block because you are obviously are delirious from watching the computer screen.
From a realistic stand point.
As sad as it sounds I really do not think that there is a real acquisition left (I HOPE THAT I AM WRONG). I think that there was a hope for one but Kuni could not pull off financing for it.
I think that the plan all along was to dilute PHIN to the max in the hopes that he could raise enough to buy some little something.
Then the crack down on Pinks that came in June and screwed up the plans, and he had to start over/come up with a different plan.
Now he is just hopping that he can hang on long enough to have someone buy PIHN for the Staff IS business, and in the current state that it is in is having trouble finding someone to do it.
There are just too many questions/ actions that could have been answered with a PR or even in the emails that do not come close to insider trading.
1) Having financials released on time is not a hard thing to do for a 4 mil a year company.
2) Have financials release in time to NOT have the STOP sign on pinksheets.com
3) Even having a little promotion in the current business (not saying a P&D) but at lease keeping a little attention on PHIN sales could have came to Staff IS through investors.
4) Attention to details releasing financials that have those kind of mistakes is unacceptable.
5) If they really did contact customers of the target company during the summer then it was no longer insider info and name of target company could have been released.
6) They could have PR a Closing date.
7) Having a IR firm that can actually handle investors.
Now with all of this said, I have a stake in PIHN and want and hope that I am 100% wrong! Please prove me wrong Kuni!!!!!!!!!!!!!!!!!!
thanks hoggy
Did not mean to hit the button ”add me as a moderator” .
Not one red cent I think you missed a few months! Just from the last PR date alone. APRIL!!!!!!!!!!!!!! Will be completed in two weeks!
May, June, July, August, September, October, November, and December!
List of excuses by month
April -
A) NEW LOI
B) Approximately two weeks to completion.
May –
A) We are currently awaiting the completion of the audits
June –
A) Reviewed by the CPA firm’s internal peer review group prior to issuance.
B) Meeting set up for late June for people from around the world will be here
July –
A) We are also in the process of coordination the logistics for the final meeting in Los Angeles to which all parties to the transaction will be transiting from Japan, India and elsewhere for the closing.
B) Contacting customers of Acquisition company
August - .
A) Early August - Found error (All has been fixed)
B) Error fixed????? Renegotiation complete
September -
A) Currently waiting for current financials to finish the process.
October -
A) Terms agreed upon again.
B) Due Diligence fee paid.
C) Acquisition complete by late October
November -
A) NEW LOI
B) Financials again.
C) Completed Before Dec 10th
December –
A) ????????????????????????????
We have been told in two weeks, at the end of the month, once something is paid, when they get the audits, reviews and then ready to complete, over and over and over again!
It is ground hog day, Month, after month, after month, after month.
So much so that I think they could use a form letter for the shareholders updates.
Shareholders,
Almost done just have to (insert excuse/action to finish here) (insert time frame here)
Thank you for your patience
It is “YOUR” company
You will be happy
I would reply with something like
“You are the investor relation for PIHN shouldn’t you know already? “
But then again he will not respond to me because of my straight to the point of I call it as I see it.
He knows what is going on!
happy thanksgiving all!