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How could that not have been discussed? That makes it even worse. Sort of like the right hand not knowing what the left hand is doing!
What reason would they have to only inform you of this and not do it publicly? I can think of 380,000 reasons....
everybody's PDRs sold rather quickly until the request for the proceeds came in. Now, nothing...Even if the company isn't doing anything criminal, they sure as heck make it look like they are.
Hotstocks, anyone with even a smidgen(lol my grandmother used that term!) of common sense knows the way to make this go away is to give people their money. There are ways to get you your money that do no involve releasing info. It is Public knowledge that Pedro is the Protector. Someone had to open the account in the first place. Those people can walk into HSBC and get that money if it is there. With all the unrest this issue is causing, the only reason these people would not beat feet to get that money to it's rightful owners is if it ISN'T there.
they said a minimum of 8 weeks, and never actually PR'd that information. It was given via private phone calls and a de facto representative. Has anything been put into writing via a Press release about when the cards will be available? No, and you can bet it won't be.
I believe the company showed on the website that they were in fact bought. I think the main reason there is no money being sent out is because there is NO money. I hope they prove me wrong, but with the current state of affairs being the way they are, that's what I believe. Here is an open challenge to PNMS and the PDR Exchange: Prove me wrong, give the people who sold their money and allow the exchange to function as you initially promised!
Well, HSBC will let you set up an account in the states, and then open one in Panama.
so then either the PDRs you and others sold were sold to 1. the company, 2. some pure idiots, or 3. they weren't sold at all and it was manipulation of the website......which do you think?
The whole time they said that there would be liquidity on the exchange. they gave the guarantee, but Terrell said people would have his blessing to sell if they wanted to. That has now changed. It isn't right.
you are absolutely right Hotstocks. If he had been honest and upfront, we would have known what was going on.
Hotstocks, I respect you, and I respect your opinion....you know that. I have to say, however, the way this is being handled is complete BS. They continue to ask for patience, while giving nothing. Hearing this rumor today that there will be no selling of PDRs in the near future has pissed me off to no end.
What is so wrong with the US that we don't want money coming back? If the crap that is going on with the Exchange were happening in the US, we would have SOME recourse! Other than going to the FBI, what recourse do you have if you NEVER get your money?
Anyone who has personally spoken to Mike Terrell knows that he PRIDES himself on being some sort of strategist, to quote him he " sees problems before problems happen".How could he not think people would sell? If he had PR'd that people would not be able to get their money out of the exchange after selling, he would not have had any US participation or at least a very minimal amount. For some people, especially those who have sold, they don't have a CHOICE but to wait and believe and hope and basically PRAY that this comes to be. This doesn't explain why selling of PDRs has stopped. The excuse 2 months ago was that accounts were being funded. Are those accounts still not funded? The only explanation for this is that they don't want people requesting their money. Because people requested their money, the Exchange stopped allowing others to sell. You don't see that there is a problem with that? They know they have people between a rock and a hard place, that's how you could so easily be told that you will be kicked out of the foundation. There are people who are tip-toeing around this board in fear that they will be kicked off the exchange, on the off chance that it will actually give people their money.
StockSniper, with all due respect, how could the company NOT think people were going to sell? Mike Terrell is not new to the game. He knows what this business is about, as far as pinksheets go. He never once said people were not going to be able to sell and get profits while pumping the exchange. This came AFTER.
I have a question for the Mods, and any other strongly Pro PDR Exchange people: Were you aware beforehand that there would be issues with the liquidity of the exchange?
This goes back to the old bait and switch con game. When Mike Terrell was pumping the exchange, he did not say it was going to be hard as concrete to remove assets. He should be ashamed!
Whether he is a lawyer or is not a lawyer is completely IRRELEVANT. OverAchiever doesn't owe us a THING. The COMPANY, owes us a heck of a lot more than they are giving currently. I see all these attacks on "bashers", however they aren't the ones who caused this clusterf**k, the company is....
I think people are losing sight of what is truly going on here and what is important. Who cares who has a background in what? Who cares if the new CEO lives in a mansion or a clay hut? The bottom line, and what is MOST important is the fact that for US PDR holders, there appears to be NO liquidity and people who have been trying to sell PDRs have been unable to do so. I could care less what Pedro's thesis is, as long as he is an honest, upstanding man who does what he says he is gong to do. If things would have gone as Mike Terrell PROMISED they would go, none of this would be relevant. I have heard a TERRIBLE rumor that no one will be able to sell PDRs in the near future, and we are talking the 1 or 2 year time frame, because management doesn't want people asking for their money any more. If THAT is truly the case, that's when there will be investigations and complaints not filed with the SEC, but with the FBI!
What do you think about THIS one CIDD:
"Wires will take up to 2 weeks to be sent" and then:
" no wires"
or how about this one:
"PDR Exchange is up and running" and then:
"we are waiting for accounts to be funded"
???????????????????????????????????
Just think....If people had just gotten their money when they requested it, none of this would be going on. PNMS' shareprice would be through the roof. the PDR Exchange wouldn't be out of commission,albeit "temporarily", and MT would probably still be CEO publicly.....
I agree with what you are saying, StockSniper, however we need to see that it at least WORKS. So far, we've been TOLD that some PDRs have been sold, yet no one has gotten any money and also there are people who wanted to see for themselves if the PDRs actually sold by placing some for sale, and those PDRs remain PENDING. I am one of them...
good for him! I'm willing to let my shares go at a premium price as well. If this is what Terrell is doing it will make for a huge payday for all PNMS true shareholders.
I have had PDRs for sale for almost 2 months now. People are going to place their PDRs for sale...so MT WILL have shares to sell. He can sell mine certainly....LOL
I don't think there will be any legal action taken. What most likely will happen is if there are Brokerages that NEED shares due to shorting, PNMS will provide those shares to the Brokerages at an EXTREMELY high cost. It will be either that, or face multiple law suits by shareholders and penalization by the SEC. If all the "legitimate" shares are held by MT and the exchange, the only place Brokerages caught short will be able to turn to is MT and the exchange. At that point, MT, who controls the PDR exchange, could then sell the shares for whatever he wanted, give the current shareholder his/her 2 or 4 cent guarantee, pocket the rest, and no one would know the difference. The Brokerages aren't going to say anything, There is no way for the individual to find out his/her shares went for more than the 2 or 4 cents, and the way the PDR exchange is set up...the only person who knows what really is going on is the person running the PDR exchange. He could sell your shares for 1 dollar a share if he wanted to, and you wouldn't know the difference. To avoid being sued or shut down completely, imagine what a Brokerage house would pay. Now THAT'S a wealth building platform.
All I want is for the company to SAY what they are going to do, then DO what they say. Period.
You got that right! If there are any people whose Loyalty Should Be Rewarded, it's Hotstocks and StockSniper. speaking of loyalty being rewarded, where is Fenian?
Who promised the wires? Mike Terrell or Pedro?
I agree. He listens to both sides and doesn't try to shut people up who don't agree with him. Just like Pedro. I had a really nice talk with him and unlike others on this board, he wasn't THREATENED by my questions.
Why doesn't someone who has questions simply call the guy. Is there a number for him?
Does the new CEO reside in Dallas? Will PNMS' headquarters be changing?
One thing about Stocksniper, he stands up for what is right, not what fits his agenda. Truth and Honesty.
Always! LOL
LOLOL...the shareprice alone is enough to do that!
people who don't pay can't ignore....or at least a certain number..
nope. it isn't "just my opinion" however you people never believe anything I say UNTIL it comes to fruition...so just wait and see...
they paid Spike 600,000...FYI
keep thinking that...
Oh spare me this moral high road you think you are on. Don't think for a minute that I don't know YOUR role in all of this.
ok...thank you for your help. it's appreciated.
Oh ok...so a bank gives the loan, how does the foundation help with that? If they guarantee the loan, they would have to divulge lots of information.