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Now only if Scottrade's website would work, lol. CONSPIRACY, lol.
Finally got a reply.
Dear Investor:
Thank you for your email. Your name and the number of PYPR shares are on the NOBO list and will remain on this list unless you request in writing that your shares be removed from the NOBO list. Please let us know if you have any additional questions.
Sincerely,
Matt R.
Scottrade Financial Services, Inc
OT: Someone wants Scottrade free trades from referrals! haha, jk :)
What was the source of this post? Assuming Yahoo board? Just curious because there was no reference to a source or date. I would like to link the source in the i-box.
Yahoo Finanace "Key Statistics" cites the following:
Profitability
Profit Margin (ttm): 37.06%
Operating Margin (ttm): 47.44%
Management Effectiveness
Return on Assets (ttm): 27.40%
Return on Equity (ttm): 232.80%
Income Statement
Revenue (ttm): 444.16K
Net Income Avl to Common (ttm): 164.62K
Cash Flow Statement
Operating Cash Flow (ttm): 70.62K
Levered Free Cash Flow (ttm): 131.67K
Can someone point me to a source for this data? I do not see this data on http://www.quantumbit.com/html/financials.html. Thanks.
To the board:
Cleaned up your I-box. I hope you like it. Please let me know via PM if you want anything added or removed.
CoolHandLucas
From candlesticker.com
http://www.candlesticker.com/Cs11.asp
LONG LEGGED DOJI
Type: Reversal
Relevance: Indecision
Prior Trend: N/A
Reliability: Medium
Confirmation: Required
No. of Sticks: 1
Definition:
Long Legged Doji is characterized by very long shadows. It is an important reversal signal.
Recognition Criteria:
1. The real body of the Long Legged Doji is either a horizontal line or it is significantly small (its length is not more than a few ticks).
2. Both of the upper and lower shadows are long and they are almost equal in length.
Explanation:
Long Legged Doji shows that there is a great amount of indecision in the market. This pattern is formed when prices trade well above and below the day's opening price, but then close almost at the same level as the opening price. It means that the end result is not different from the initial open despite the whole excitement and high volatility during the day. This implies a loss of sense of direction and that there is a great amount of indecision in the market.
Important Factors:
Long Legged Doji is especially important at tops.
Long Legged Doji is a single candlestick pattern. Hence, a confirmation is definitely required in the form of an opposite move to the prior trade on the next trading day in order to judge that a reversal may be starting.
~New Qbit Board Moderator~
Greetings all,
I have been following QBIT for some time (on other sites, and lurking here) and have asked Matt to allow me to moderate this board since there is no current moderator.
My first action will be to update the I-box with up to date information about Quantum Bit Induction Technology Inc. I will strive to keep the I-box updated with current information about the company news, plans, share structure, and links to relevant Due Diligence within your I-hub board. Please PM me if you have any relevant data to be added to the I-box.
Look forward to discussing the company with all of you.
CoolHandLucas
It is my understanding that to get any dividend, one must be a shareholder of record on the record date. In PYPR's case the record date is Wednesday the 20th of December.
The SEC requires that all stock trades must be settled within 3 business days. In order to be a shareholder of record on the record date you must own the shares on that date (when the books close for that day). Therefore, Friday December 15th is the last day to purchase shares with the guarantee that the transaction will close prior to the record date.
http://invest-faq.com/articles/stock-dividends.html
haha, well you are in good company I think :P
OT: just curious, how come your posts are concatinated with a carriage return after 45 or so characters? Lol been curious, are you on a blackberry? Mine sometimes does that. Just curious :)
Haha! Trump that tangent, lol!
Regarding previous post
http://www.investorshub.com/boards/read_msg.asp?message_id=15618088,
A whois.net query of
http://www.whois.net/whois_new.cgi?d=port-sae&tld=com
yields Jorge Gimenez Huguet (online@port-sae.com) mentioned in the Dec 4 PR http://biz.yahoo.com/bw/061204/20061204005783.html?.v=1
Questioning is healthy and encouraged.
Those that have more time on their hands during the weekdays than I, please call every company PYPR PRs about and email their invesotor relations departments, sales and marketing. Try to get answers in writing though so we can all trust the data.
FYI, some new links on the http://www.port-sae.com/1354.htm website have been added today.
Looks like I may have stumbled across something before it gets PRed.
http://www.port-sae.com/L0000CronicasColoniales/F0000_PublicacionesB/G0000ComunicadosB.htm
I've been checking the site off and on, new content has been added today.
You can use Google's translator for webpages if you do know know Spanish:
http://www.google.com/language_tools?hl=en
OT: What city? I'm coming back to visit family on the 22nd, near Houston :)
Have a nice day.
The failure of a secretary at the Willis Group to email you back is not a "red flag" againt Mike Terrell's company. All I am saying is that you need to substantiate your insinuations about company A with more than "I did not get an email reply from Company B"
Well, I would suggest having facts to back up your claims next time.
http://www.investorshub.com/boards/complex_terms.asp
Post the emails please. And the names of the people at the companies you spoke to please.
So you called both companies then? Or are you saying that an internet search is sufficient to prove the nonexistence of something? Not every business deal is posted on the internet.
Thanks Carlito that is very thoughtful, same to you and everyone else on the board.
There's more to life than the market!
As I understand it, the 2,000,000,000 shares that Mike Terrell will be returning to the company treasury January 5 2007 per the December 14 2006 PR are currently part of the O/S and are restricted shares Mike Terrell owns. He is giving these shares back to the company treasury, reducing the O/S count. The other 2,000,000,000 shares you are referring to are restricted shares that remain in the O/S and will be used for PDRs (PayPro Depository Receipts) which are dollar-denominated negotiable certificates that represent ownership of shares. Per 4GODNW and CIDD's personal meeting with Mike Terrell PDR holders may convert the PDRs at their option. At such time, the restricted shares would be issued as restricted stock with the restriction start date as of the date the restricted shares were issued for the PDR. There are 10,000 shares of stock in one PDR. One of these PDR’s costs $400. (.04 per share). PDRs are underwritten by “restricted” stock held in the foundation. They can be “cashed in” at any time for their current value or the underlying shares. The value PDR increases as the share price increases.They can also SOLD to another party, as they are a “negotiable instrument”.
I hope that answers your questions.
CIDD's Dallas Meeting Report:
http://investorshub.com/boards/read_msg.asp?message_id=15132899
PYPR News:
http://finance.yahoo.com/q/h?s=PYPR.PK
That language comes directly from a document available from the sec website if you Google "NOBO OBO", and the 75% figure is based on a 2001 estimate. Perhaps a better estimate of the percentage is available here however (see note 14):
http://www.nyse.com/pdfs/REVISED_NYSE_Report_6_5_06.pdf
Those stockholders who object to having their names and identity disclosed are known as “objecting beneficial owners” or “OBOs” and they represent approximately 75 percent of shares held in street name. (14)
(14) However, in a survey commissioned by the Working Group and performed by Opinion Research Corporation, 41% of investors surveyed believed that the stock they buy is always registered in the name of the investor, and another 23% admit that they are not sure under whose name the stock is registered. Additionally, given detailed information about the differences between OBO and NOBO status, investors opt for NOBO status by a wide margin (64%-36%), and this margin increases dramatically if there is even a relatively small fee attached to being an OBO. At the same time the Working Group understands the importance of respecting and protecting the privacy of investors, and does not mean to suggest that investors should have to pay to protect their privacy.
The CEO requested shareholders to "verify" with their brokers they are classified as non-objecting beneficial owners of the stock. The list is not a bunch of BS, it is simply a list that says yes, the company can contact me directly. Since the dividend (PDR certificates) will be dispersed to shareholders directly, and not deposited into one's brokerage account, the company needs the shareholder's authorization. As you have stated, apparently Scottrade lists you as NOBO automatically at account creation, that is great, but to assume this is the case for all brokerages is not correct. Thus, the CEO requested each investor to take it upon themselves to make sure they are on the NOBO list for the purpose of determining which shareholders do not object to having their names and addresses supplied to the company.
Worth a repost, given all the dividend discussions it may be helpful to casual observers of this board to read the recent PR about earnings and the future of the company:
http://biz.yahoo.com/bw/061211/20061211005745.html?.v=1
PANAMERSA Corporation/PayPro, Inc Announces 4th Quarter Earnings Already 400% Greater Than 3rd Quarter Earnings
Monday December 11, 10:41 am ET
DALLAS--(BUSINESS WIRE)--PANAMERSA Corporation/PayPro Incorporated Announced today their 4th Quarter Earnings has already exceeded their 3rd Quarter Earnings by more than 400%.
PANAMERSA Corporation/PayPro CEO Mike Terrell stated, "I am really pleased with our progress and we are just now starting to pick up momentum. Our acquisitions are beginning to produce, our receivables are current and our collected earnings (receivables not included) have already exceeded 400% of last quarter's earnings. Since we still have 2/3 of December to go, and a name change coming which will only strengthen our position in the marketplace, several projects which have not been announced, and new opportunities arriving daily should give us a very solid foundation to do some really serious numbers in 2007. We will continue to execute our business plan to assist in the commercial integration of Latin America into the economic development of the western hemisphere, Pan-America, and the rest of the world. We will continue our investment in Pan-American companies and infrastructure projects in Panama, Costa Rica, Mexico, Venezuela, Ecuador, and the Caribbean, while protecting our Flora Fauna and water resources. Panamersa Corporation/PayPro promotes the individual commitment to family carbon neutrality status 'Sponsoring MicroForests' in our fight against Global Warming."
ADVERTISEMENT
About PANAMERSA Corporation/PayPro Incorporated:
PANAMERSA Corporation/PayPro Incorporated (Pink Sheets:PYPR - News) is a holding company for a group of business enterprises which promotes the commercial integration of Latin America into the economic development of the Western Hemisphere, and is engaged in global e-commerce and e-biz Solutions offering interactive e-commerce and e-biz programs. PANAMERSA Corporation/PayPro offers a range of goods and services ONLINE as follows:
Prepaid debit cards; e-commerce merchant accounts; Life insurance policies, Gold transactions; Telephony services, Text messaging, VoIP, Micro forests properties, Real estate investment participations, Fixed and variable income Real estate properties in Costa Rica and Panama, Offshore financial services, Asset management and protection; Travel services, Leisure, Business, Health, Relocation services, and Digital marketing services.
Forward-Looking Statements are not historical facts as "forward-looking statements" defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are the result of profound analysis on trends in our globalizing economies that we anticipate in our industry. It is our good faith vision and estimate of the effect on the globalization, integration and electronic business trends will have on our company. Our statements are also subject to risks and uncertainties beyond our reasonable control that could cause the results of operations to differ materially from those reflected in our forward-looking statements.
Some DD:
One of the projects recently announced was the "Economic Interest Association Agreement" to Develop PORT SAE, La Fortaleza, a Tourist Theme Park Pentapolis by the Ocean. In the Dec 4 press release:
http://biz.yahoo.com/bw/061204/20061204005783.html?.v=1
On the Port Sae website, if you go to http://www.port-sae.com/L0000Port_Sae_Web/index.html you can view the author's concept of the Pentapolis project.
From http://www.port-sae.com/1354.htm if you navigate around a bit to the following links, you can see some of Port-Sae's artist representations of the concept:
http://www.port-sae.com/B1000_DESARROLLO_PORT_SAE/B1300_EstructurasB/4000PortSaeB.htm
http://www.port-sae.com/B1000_DESARROLLO_PORT_SAE/B1300_EstructurasB/4001LosProscritosB.htm
http://www.port-sae.com/B1000_DESARROLLO_PORT_SAE/B1300_EstructurasB/4002ElPuertoB.htm
http://www.port-sae.com/B1000_DESARROLLO_PORT_SAE/B1300_EstructurasB/4003ElFortinB.htm
http://www.port-sae.com/B1000_DESARROLLO_PORT_SAE/B1300_EstructurasB/4004PirataPark.htm
http://www.port-sae.com/B1000_DESARROLLO_PORT_SAE/B1300_EstructurasB/4005LasGuaridas.htm
http://www.port-sae.com/B1000_DESARROLLO_PORT_SAE/B1300_EstructurasB/4006ActividadesB.htm
If you navigate around a little more, you can find some of the tourism company agreements, local newspaper articles,
http://www.port-sae.com/L0000CronicasColoniales/F0000_PublicacionesB/G0000AcreditacionesB.htm
http://www.port-sae.com/L0000CronicasColoniales/G0000_AcreditacionesC/2002XNA20060725.htm
http://www.port-sae.com/L0000CronicasColoniales/G0000_AcreditacionesC/2002BVP20060720.htm
http://www.port-sae.com/L0000CronicasColoniales/G0000_AcreditacionesC/2003ICT20060625CRC.htm
http://www.port-sae.com/L0000CronicasColoniales/G0000_AcreditacionesC/2004Catuca20060711.htm
http://www.port-sae.com/L0000CronicasColoniales/G0000_AcreditacionesC/2004Catup20060717.htm
An interesting document is the one in which Bienvenido Venegas Porras reviewed and commented on the presentation by Jorge Gimenez Huguet, author and founder of Port SAE Productions.
http://www.port-sae.com/L0000CronicasColoniales/G0000_AcreditacionesC/2002BVP20060720.htm
This is signifianct because Bienvenido Venegas Porras is the legislative deputy of Puntarenas (one of the 7 provinces of Costa Rica). I am no expert in Costa Rican law, but from what I gather, the deputies are in powerful positions. Among his other initiatives, he is a proponent of protecting the natural wealth with tourist projects.
http://www.asamblea.go.cr/reglamnt/regla000.htm
http://www.asamblea.go.cr/diputado/bienvenido.htm
From the "2006-2010" that is on all of his commission's documents, and on their website http://www.asamblea.go.cr/diputado/dip_fra_pusc.htm I am guessing he was recently empowered in 2006 and will be in power until 2010. Interesting I think from a Panamersa perspective.
Bienvenido Venegas Porras presented initiatives:
http://www.asamblea.go.cr/diputado/iniciativas/ini_bienvenido.htm
Of these initiatives, I find the following 2 interesting:
Ley para Impulsar el Desarrollo Social, Económico y Eco turístico en las islas del Golfo de Nicoya y mediante concesiones (Law To impel the Social, Economic Development and tourist Echo in the islands of the Gulf of Nicoya)
http://www.asamblea.go.cr/proyecto/16400/16416.doc
Ley para Incentivar la Responsabilidad Social Corporativa Turística (Law To stimulate the Tourist Corporative Social Responsibility)
http://www.asamblea.go.cr/proyecto/16300/16389.doc
In this initiative, the deputy stresses tourism as a necessary means to reduce reduce structural problems such as citizen insecurity, poverty, commercial sexual operation of minors, deficient telephone coverage, infrastructure deficiencies, among others. The initiative also requires a company to be socially responsible, contributing to the economic, social and environmental development, working with the employees, their families, local community and the society in general to improve the quality of life of the people. If you translate the entire initiative, the requirements the deputy has defined for socially responsible corporations, I believe it fits Panamersa's vision to a T.
Other files:
Asamblea Legislativa, Xinia Nicolás Alvarado, Diputada
http://www.port-sae.com/L0000CronicasColoniales/G1000_GaleriaCamaraLegislativa/XiniaNicolasAlvarado.....
Asamblea Legislativa, Bienvenido Venegas Porras, Diputado
http://www.port-sae.com/L0000CronicasColoniales/G1000_GaleriaCamaraLegislativa/BienvenidoVenegasPorr....
Instituto Costarricense de Turismo
http://www.port-sae.com/L0000CronicasColoniales/G1000_GaleriaCamaraLegislativa/ICTPresidente.jpg
Cámara Turismo y Comercio de Atenas
http://www.port-sae.com/L0000CronicasColoniales/G1000_GaleriaCamaraLegislativa/20060711CartaAtenas.j....
Cámara Turismo de Puntarenas
http://www.port-sae.com/L0000CronicasColoniales/G1000_GaleriaCamaraLegislativa/20060717CartaPuntaren....
If you have not already, it would be in your interest to read:
http://www.investorshub.com/boards/complex_terms.asp
Among many other things, the rules state:
"By posting information in or otherwise using any communications service, chat room, message board, newsgroup, other interactive service that may be available to you on or through this site, you agree that you will not upload, post, or otherwise distribute or facilitate distribution of any content -- including text, communications, software, images, sounds, data, or other information -- that:
is unlawful, threatening, abusive, harassing, defamatory, libelous, deceptive, fraudulent, invasive of another's privacy, tortious, contains explicit or graphic descriptions or accounts of sexual acts or otherwise violates Investors Hub's rules or policies"
If you do not know the definitions of libel and defamation, I would suggest reading http://en.wikipedia.org/wiki/Defamation
Please read the info in that link before responding, and have a very nice day.
SL has a thing for exoskeletons (shells), lol.
back up.
OT: Stockcharts.com is back up, after being down all day, fyi.
There was speculation about a dividend on this board back in October.
Per the Dec 14 PR, the 2 billion shares Mike Terrell is returning to the company treasury will be returned on January 5, 2007. I suspect that after that date, a PR will be released when the task is complete. I suspect that would be a good time to query the transfer agent (info in the i-box) to inquire about the exact outstanding share count. I assume that the 2 billion shares Terrell will be returning to the company are restricted shares and are currently part of the ~7.6 billion outstanding share count, thus the O/S will be reduced ~ 26% by this one action. Last info in the i-box from the transfer agent was that 6.5 billion shares were restricted, so I am assuming there are now 4.6 billion restricted shares. This would make the float something like a billion shares, I think. But I bet there will be a post January 4 PR to detail the share structure after all of the dividend hoopla is over.
http://investorshub.com/boards/read_msg.asp?message_id=15552710
A good question for 4GodNW. He has the Commissioner Gordon Bat-Phone to Terrell, lol.
I PMed it to 4GODNW.
Agreed.
I would recommend using the follwoing concise request in an email to one's broker.
"I would like to verify that I am listed as a Non Objecting Beneficial Owner (NOBO) of PYPR.PK. If I am currently listed as an Objecting Beneficial Owner (OBO), please change my status to NOBO prior to the PYPR.PK property dividend date of record of December 20, 2006."
The Dec PR said to contact your broker to make sure they are listed as a Non Objecting Beneficial Owner (NOBO), you've done that.
http://biz.yahoo.com/bw/061209/20061209005030.html?.v=1
Regarding NOBO/OBO
From http://www.msrb.org
Non-objecting beneficial owners. A non-objecting beneficial owner is a beneficial owner of municipal securities that does not object to the disclosure of its name, contact information and security positions and that has provided this notice to the dealer in writing. For safekeeping clients who are non-objecting beneficial owners, dealers have the option of sending to the party requesting an official communication retransmittal a list of non-objecting beneficial owners along with these owners’ contact information in lieu of retransmitting documents. The Rule G-15 amendment requires that dealers obtain an investor’s non-objecting status in writing. The Rule G-8 amendment requires that dealers maintain such record as customer account information, which must be retained for a period of at least six years following the closing of an account pursuant to Rule G-9.
http://www.msrb.org/MSRB1/archive/officialcommunicationsapproval.htm
From sec.gov:
The NOBO/OBO System
The names of the ultimate beneficial owners of street name shares - i.e., the customers of the brokers and banks who have deposited the shares with DTC - are maintained by the brokers and banks, not by companies themselves. Recognizing that this system left companies without direct contact with a large proportion of their beneficial owners, the Commission adopted rules in 1983, which went into effect in 1986, requiring brokers and banks to provide companies with lists of "non-objecting beneficial owners" (or "NOBOs") who did not object to having their names and addresses supplied to companies.17 Objecting beneficial owners (or "OBOs"), which constitute an estimated 75 percent of shares held in street name,18 still may be contacted directly only by the broker or bank, or its agent. Although companies may mail proxy materials directly to NOBOs, as a practical matter they never do so, because current SEC rules require companies to forward proxy materials through brokers and banks regardless of whether they are also mailed directly.19 Therefore, companies only use NOBO lists to mail out supplemental materials, annual reports and quarterly reports, which do not have to be mailed through brokers and banks.20 Furthermore, because only the brokers and banks are legally entitled to vote shares held in street name, companies cannot use NOBO lists to enable beneficial owners to vote directly with the company.
http://www.sec.gov/rules/petitions/petn4-493.htm