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So, you bought shares, held them for a couple weeks, no merger in that time frame, and now you are bailing to invest in a company preparing to declare bankruptcy?
Sounds like a poor investment decision IMO.
GLTY
You are down .002, are you going to panic sell as you usually do?
Sounds more like an expensive lotto ticket than any kind of casino. Best of luck to you!
I didn't think so either, except I had buy orders good until EOD all day today, and a few days last week, to sell at .0003 limit and nothing getting filled.
If folks want this to move up like they claim, they need to stop bidsitting and hit the ask!
Very interesting observations. I still wont touch it with a 10ft pole though.
IMO, a much greater chance to see gains here at PRMO. Now, if only someone would buy my .0001s for .0003
Cool, I did not know that.
Indeed, SA#I had a buyout offer and their PPS sat at below 5% of the offer. Folks on that board still think the offer is legitimate. Wasn't aware of the BSC situation, but regardless it is very different with a NASDAQ level company and a stinky pinky.
Was there a buyout offer here for PRMO?
Provide one example of a legitimate buyout offer, where the PPS traded at less than 5% of that buyout offer for a week, then the trading being suspended.
If you can do that, you have a glimmer of hope.
Honestly, I really cannot believe so many people still have hope in this stock. There are thousands upon thousands of penny stocks, why trade in this one where there are numerous allegations of fraud and an SEC investigation?
At this low pps is it even worth while trying to sell any SAEI shares?
IMO, this might be your only opportunity to do so. Once the liquidity dies down after this "resuming of trading," there will be no buyers for your shares, and there is little hope for this seeing any MM activity ever again.
Depending on how much you can regain on a sale at .02, and how important it is for you to have a reminder of a painful scam in your portfolio is your opportunity cost. GLTY!
How's it going today BillyRay?
LOL, worry about getting past .0005 before thinking about 1.5.
I will be happy with .001 myself, but too tempted to sell before it even gets that high.
No logical reason to do so, the few who wanted to sell for a loss for tax purposes did so last week. Everyone else is holding strong.
You haven't really said anything that we don't know already, and you completely ignored the Heskett connection. IMO, your posts here are misleading because you are trying to raise red flags without any alarming information.
The most likely reason to update their business description is to cover themselves against any allegations of releasing insider information about a merger before the event occurs.
No one here is saying that Company has announced a merger, this is not in dispute. Plenty are speculating, and the largest reason for that speculation is Heskett being tied to this company, and his experience handling RMs.
If you are going to come on this board with allegations towards this company, you should address the entire picture and not just one aspect.
What happened? Did we get delisted here or something?
The symbol in my portfolio changed from AQUM to 03841M108.
E-House China Started At Buy By Jefferies >EJ
Dec 31, 2010 11:45:57 (ET)
(END) Dow Jones Newswires
December 31, 2010 11:38 ET (16:38 GMT)
Most of the stocks they are trading have 0 volume today. TRDY by far has the most volume.
Is that a cannon?
Ditto, my average is just above .05.
However, I am not concerned in the least. Anyone smart or fortunate enough to buy in at any level below .1 before the news of gold production hits will be very, very happy. Any PPS movement before then is, for the most part, irrelevant.
You only lose money when you sell for a loss.
Read back, plenty has been posted already.
That is possible, but keep in mind that most traders have a very short attention span and even less patience. It doesn't seem to be in their best interest to jump the gun with the juicy news when other news is pending.
So, as you say "only the slightest news of 'some' gold production" could end up backfiring when the news following their pseudo production announcement is followed by a PR about heavy equipment suppliers. One step at a time; remember, the tortoise ended up beating the hare!
Some snippits from the last PR on 11/23 hinting on forthcoming news:
2011 Planning
(Nevada Rae Gold, owners of Black Rock Canyon Mine) The Company is currently investigating mining contractors and heavy equipment suppliers and plans to begin gold production at Black Rock Canyon in 2011.
(Fernley Gold, leasing Butcher Boy and Teddy placer mines) The Company had an initial scoping meeting with the NDEP and BLM in late 2010 and plans to continue the permitting process in 2011.
(Pilot Mountain Resources, claims to a tungsten deposit) The Company plans to engage a consulting firm to prepare the historical 43-101 report in 2011.
(Pacific Metals Corp, claims the Graysill mine, deposits of vanadium and uranium ore) The Company is currently evaluating the available information on the Graysill Mine and is in the process of developing its plans for Pacific Metals Corp. for 2011. The Company expects to announce those plans in the first quarter of 2011.
(IMO, this piece is the most siginificant pending news we should be looking for) In the fourth quarter the Company engaged a new public auditing firm to prepare the Company audits for 2008 and 2009. The Company is working diligently to prepare and file the annual and quarterly reports for these periods as soon as possible.
Anyways, that is my observation based on the most recent PR from the Company. I am looking forward to becoming current and uplisting before hearing about gold production.
As always, all my opinion.
Agreed, however I believe we still have a few things to announce before they announce gold production.
Anybody buying and holding at any level in Nov to March will be rewarded. Once we announce we have excavated gold (which I anticipate to be towards the end of Q1 2011) and it is in our possession, this stock enters a new level, and these prices will be gone, gone, gone!
All my opinion of course.
Looks like our daily morning dip in the red, no worries at all, happens like clockwork every single day.
Hoping to eke a green close today.
I agree, I hope this walks up to about .05 before any PR. Any news at this level and we risk being stalled at previous high of .07, IMO.
This is a really long read, but about half of it is about cramer, and it is really good stuff, very informative.
http://www.deepcapture.com/category/1-the-players/
I've spent long hours for many a night reading into this website and I have hardly made a dent in it. I highly recommend reading other stuff from deep capture as well, its incredibly captivating.
IMO, it is poor timing being the last few trading days of the year. Low volume across the entire market for various reasons. If these technicals were happening at any other point in the year you wouldn't see that.
Again, just my opinion.
Lets get that 50 to cross above the 200, and BOOM GOES THE DYNAMITE
Techs look amazing, very excited about tomorrow!
Your sarcasm is not lost on me.
I would like to note that your tone is very similar to those who were buying tons of this stock the days before trading was suspended, despite the numerous allegations of fraud. Cockiness, not confidence.
You are free to believe what you will. However, I have never invested in SAEI, and I do not short penny stocks, or any stocks for that matter. I work full time and do not have time to daytrade.
Honestly, I don't care whether you believe me or not as it is unimportant.
What is important is that those responsible for this scam face retribution for their actions.
It is equally important that those who lost money on this scam regain their losses elsewhere.
I wish you the best of luck on your future investment decisions, and truly hope you can regain what you lost in this despicable scam.
Its great you pointed out mining stocks are higher today and it will be even better for SAEI after 12/31/10.
It's too bad that SAEI isn't a mining stock. They lied about their NI 43-101, they don't own any property, they have no assets.
It is a scam set up to appear as a mining stock, only to steal money from unfortunate individuals.
I disagree with your sentiment, and IMO, it will not be better for SAEI after 12/31/10. It will continue to be just as terrible as it is now. You will be unable to rid yourself of your shares for a very long time, if ever.
I truly hope you can make back the money you lost in other investments. GLTY
I apologize, after reading through your previous posts on SAEI board in the last few days, I realize I misinterpreted your position.
It is now clear to me that you hold a very heavy bag full of worthless SAEI shares. All of your talk about this being a "long term play" seems to fit now.
I don't believe you have much of a choice but to "play this one long." There will be no one buying your shares on the grey market, and even after the completion of these indictments you are so looking forward to, there is little hope of ever uplisting back to pinks.
IMO, you will be stuck on the grey market for a long time. You must be open to the possibility of never selling your SAEI shares.
If I were you, I would try to forget about the mistakes you made with SAEI and start looking to make your money back in other plays. GLTY in your future investment decisions.
Here we go again :roll eyes:
I have a suggestion for your daily post tomorrow.
Why don't you address the rebuttals to your previous posts? You come at us with your "concerning information," and folks here retaliate with information of their own. You seem to ignore the rebuttals and bring up something new to nitpick instead of responding to shareholders here.
I understand it is very difficult as you only have one post a day on this board, but it seems it would add to your 'legitimacy' if you would actually hold a discussion, regardless of how long it takes you to reply.
By bringing up something new every day, you are essentially losing the argument. Your previous statements stand countered and debuffed, and instead of backing them up you just bring up something else. Maybe this is because your arguments hold no water? Do you have nothing to say to those who point at the flaws in your logic?
Also, if there is something new to address every day, and you only have one post a day, why not compile all of your grievences into one post? It seems you have a wealth of negative information against this company, yet you choose to only post about one of the multitude of problems you have found each day.
Your actions make your words seem weak. This is my opinion.
Feel free to PM me in response to this post, but I would like your permission to repost any PM you send me on this board so that you may continue your open discussion on DGRI. Additionally, any lack of a response to my reply would only lend more creedence to my stance.
GLTY
I don't see anything to 'look forward to' here.
I see a blatant scam in the crosshairs of the SEC. I see a lot of people holding heavy bags who cannot wait to get rid of them. I see an opening and future existence in the grey market. None of these things are positive, and nothing anyone should 'look forward to.'
However you claim there is "lots to look forward to here"
Please share with us, what exactly are you looking forward to?
Additionally, why are you touting this stock over the thousands of others which have no allegations of fraud whatsoever. It doesn't make any sense whatsoever. Please, enlighten me.
I noticed the same thing, but instead of posting about it, I just TOS report his posts as spam.
All the guy really wants is attention, can't you tell? Most of his posts are ignored for the reasons you listed.
Hm, it appears that was filed on Dec 15, so the 5 calendar days are well past.
I don't know that there are time frames on pinksheets.
Wow, over 11m in volume in the first 10 min here!
Excellent day here, up over 2.5%!
I don't mind putting it to rest, just would like to point out one thing.
There are numerous spelling errors in your post, and I am not faulting you for these errors, as English is not your first language and what you wrote is still easily understood and well thought out.
However, the fact remains that you spelled certain English words with alternate spellings and your grammar is off. This is more typically the product of translation.
If there are no grammar errors, and the ONLY spelling errors are in proper nouns, we can safely assume that the errors are not due to translation but done on purpose.
I agree with you as far as multiple spellings of a Russian name, and I appreciate your first hand experience providing us information backing that up. However, as far as the argument being that the errors are due to translation, I see a few holes with that theory and I stand by my statements.
I based nothing on a google search.
Good luck to you sir, you will need TONS of it.