I dont belive its TDA...someone posted that their MMs are not allowing buys.

Take a look at the L2s...any retail guys sitting on the ask and not on the bid?

77-

This can't be legal. Granted, you have a lot less oversight in the pinks...however, they are going counter to their purpose as MMs (e.g. market liquidity) if they're doing this.

Will Ameritrade be taking action?

anyone one done a fair value calculation on the pps?

whats the divy date?

How much of a run do you guys think is left on this?

Anyone speak to Gerald today...jstops?

isnt he in Panama? wtf.

Bet him 10 bucks and take him up on the offer...couldnt hurt...in fact it would only help confirm.

Why...is there a clear bottom here?

you know what...I'm getting tired of this...thats just a load of bull.

I'm not in love with Rich but I have to be honest here. I've spoken to Rich on numerous occasions and he was always straightforward, honest, and measured. In fact, he was a true asset to this company and added credibility to it. His contribution IMHO is what supported shareholder confidence and an uptrending pps.

Now, I havent spoken to Gerald personally yet but from what the other posters have provided, that group seems to be capriciously evasive (providing information to some and not to others)and much less straightforward.

I'm not saying that Gerald and company are casuing our declining PPS (nor that they can do anything about it), however, lets stop the fawning because they sure as heck aren't helping.

so youre not seeing a buy restriction with TDA?

Because they've already lost money in the stock and are bitter. :)

How long will they block for?

You know...you may be right...but bear in mind that "the end" means different things to diffeent people; it could be 3 months, 6 months, 5 years...depends on how an individual is playing this.

If I were to venture an educated guess though I would say that most people are looking to be out of this position in the next 1-3 months.

no qualms or argument there...but isnt it logical/obvious to assume that the fairly large OS will have to be reduced (significantly)?

If it is then if MT is stating that they'll be going to Nasdaq then he must have a plan to address this need...I guess what I'm asking is that has he shared or provided other insight into that plan?

4g -

Any idea on how MT expects to get onto the Nasdaq board...given the $1 minimum and the OS that this company has it doesnt seem possible...the market cap would be beyond reason.

...so if its not organic growth in pps...whats Mike's plan...did he indicate anything during your meeting and/or other through other dialogue you might have had?

Got it...

...but this implies dilution...the extent of which could have a huge impact on pps.

jb - are there any negatives to filing a Form 211?

Agreed.

...truth is this OS is just way to high for a Nasdaq listing.

...they're going to have to pair this down somewhow.

I take it back...hurry...delete the posts before anyone sees it. LOL

I understand that...however, Mr. T has to look out for the best interests of his company...and if this play is going to evolve I think those interests require moving to a better administered board...he might have to do it depending on where the pps is at the time.

...the other option is that they get enough shares in their hands and retire them.

...who knows, despite Mr. T's thoughts and intentions today, only time will tell what happens tomorrow. :)

true, but as soon as news of a RS came out...it would kick the crap out of the pps.

...perception is everything.

not to be a naysayer or anything...

..the other option is that they could do a RS

...and that would really bite.

30 days before they issue a warning.

favorites

How're they paying for the acquisition?

...they arent doing an RS are they?

maybe...good candidate

This is interesting....


....Brower Piven Announces Class Action Lawsuit Against Pegasus Wireless Corp.
The law firm of Brower Piven, A Professional Corporation, today announced that a securities class action was commenced on behalf of shareholders who purchased or otherwise acquired the common stock of Pegasus Wireless Corp. (OTCBB: PGWC) between December 22, 2005 and September 5, 2006, inclusive (the "Class Period"). Also included are those who acquired Pegasus through its acquisitions of SKI Technologies and AMAX Engineering.

The case is pending in the United States District Court for the Northern District of California against defendant Pegasus and one or more of its officers and/or directors. The action charges that defendants violated federal securities laws by issuing a series of materially false and misleading statements to the market throughout the Class Period, which statements had the effect of artificially inflating the market price of the Company's securities.

No class has yet been certified in the above action. If you are a member of the proposed class, you may retain counsel of your choice, and you may move the court no later than January 8, 2007 to serve as a lead plaintiff for the proposed class. In order to serve as a lead plaintiff, you must meet certain legal requirements. To be a member of the proposed class you need not take any action at this time.

If you acquired shares (or purchased call options or sold put options) of Pegasus Wireless Corp. during the Class Period indicated and want to discuss your legal rights, you may e-mail or call Brower Piven, who will, without obligation or cost to you, attempt to answer your questions. David Brower and Charles Piven have combined experience in securities and class action litigation of over 40 years. You may contact Brower Piven at The World Trade Center-Baltimore, 401 East Pratt Street, Suite 2525, Baltimore, Maryland 21202, by email at hoffman@browerpiven.com or by calling 410/986-0036.

This is interesting....


....Brower Piven Announces Class Action Lawsuit Against Pegasus Wireless Corp.
The law firm of Brower Piven, A Professional Corporation, today announced that a securities class action was commenced on behalf of shareholders who purchased or otherwise acquired the common stock of Pegasus Wireless Corp. (OTCBB: PGWC) between December 22, 2005 and September 5, 2006, inclusive (the "Class Period"). Also included are those who acquired Pegasus through its acquisitions of SKI Technologies and AMAX Engineering.

The case is pending in the United States District Court for the Northern District of California against defendant Pegasus and one or more of its officers and/or directors. The action charges that defendants violated federal securities laws by issuing a series of materially false and misleading statements to the market throughout the Class Period, which statements had the effect of artificially inflating the market price of the Company's securities.

No class has yet been certified in the above action. If you are a member of the proposed class, you may retain counsel of your choice, and you may move the court no later than January 8, 2007 to serve as a lead plaintiff for the proposed class. In order to serve as a lead plaintiff, you must meet certain legal requirements. To be a member of the proposed class you need not take any action at this time.

If you acquired shares (or purchased call options or sold put options) of Pegasus Wireless Corp. during the Class Period indicated and want to discuss your legal rights, you may e-mail or call Brower Piven, who will, without obligation or cost to you, attempt to answer your questions. David Brower and Charles Piven have combined experience in securities and class action litigation of over 40 years. You may contact Brower Piven at The World Trade Center-Baltimore, 401 East Pratt Street, Suite 2525, Baltimore, Maryland 21202, by email at hoffman@browerpiven.com or by calling 410/986-0036.

FWIW bear in mind that this isn't filled out by 3rd party...Dror filled this out himself.

Can't trade for below a dollar for more than 30 consecutive days.

Some stuff from LinkedIn on Dror...


Current Owner at Blue Bay Co., Ltd.
Chairman at American Benefits Group Inc.
owner at Madagascar Primary Sector s.a.r.l. (Sole Proprietorship)
Recommended 1 person has recommended Dror

1 partner
Connections 12 connections
Industry Consumer Goods
Public Profile http://www.linkedin.com/pub/0/473/855
SummaryWith accounting background, gem, jewelry and diamonds plants management and trading; Mining in Madagascar and managing a US publicly held company while trading commodities, I acquired life experience that stabilize my corporations.

Specialties:
Living and operating in Africa and South East Asia for the past 16 years created a vast network in the fields I operated in.

ExperienceOwner
Blue Bay Co., Ltd.

(Privately Held; 1-10 employees; Business Supplies and Equipment industry)

August 2004 – Present (2 years 5 months)

Owner and Managing director.
Blue Bay Co., Ltd. is producing the Gold-Ink® brand compatible ink cartridges and fax film.

Chairman
American Benefits Group Inc.

(Public Company; otcf:ABFG; Mining & Metals industry)

July 1997 – Present (9 years 6 months)

Dror has 1 recommendation (1 partner) including:

Daniel Donatelli View recommendations

owner
Madagascar Primary Sector s.a.r.l. (Sole Proprietorship)

(Sole Proprietorship; Mining & Metals industry)

January 1997 – Present (10 years)

Recommendations For Dror

Chairman
American Benefits Group Inc.

“We have found the opportunities presented for short and long business continually presented on Mineral and chemical trade presented by Dror a great assest. We have found work offered crediable and enjoy open working a relationship. I recommend openign discussion with Dror on related business.” August 25, 2005

Daniel Donatelli
was a consultant or contractor to Dror at American Benefits Group Inc.

unfortuanate...decent volume today and we're still losing ground...ugh.

Sorry to go off topic CIDD.

Before I get "smacked" again. :) Confusing my PMRX with PYPR...I actually look at IHUB more than my portfolio...but since so many of you caught me (congratulations on that by the way )...let me clarify, after looking at my portfolio im at 500K at .00623...small time long.

:) No worries


...casual comments...nothing important.

Yeah...youre the man. :)

You happy...now get back on topic.

What's wrong with you...you're a moderator...think before you speak and show some more tact.

I've had 500K shares averaged in at 12 and I'll hold strong probably through Q2.

...if you keep engaging in dialogue this way you do a disservice to us all.

Truth is I don't much care about my grammar or punctuation since it's not my companies shareholders I'm talking to here.

Wow...amazing...for an attorney you're highly volatile and extremely defensive; a tough personality type to have a dialogue with.

Unfortunate, since, I like you are a long here. You might want to be more measured and try not alienate too many people that agree with you. :)

...you know what would seal the deal here...audited financials...PYPR has enough money to afford hiring a Tier 2 accounting firm to do this...they might want to consider it.

...after that, MT's and PYPRs veracity will be beyond contestation.

...."See Pink...MT should write crap like that" LOL

nope...im suggesting that the way people pose things impacts the perception that people have on them and the things that they represent; very important for a CEO...however, as an attorney and a trader I'm sure you already know this.

...however, per your comments, it was a personal email and not for public consumption, so I'll buy that there wasn't a lot of thought put into the verbiage; but bear in mind that being the CEO is like being the President (just at a micro scale)...everything you say is scrutinized.