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MRDALE
I have Scottrade and GainsKeeper it shows a position but does not state it is tradeable nor can you trade through that site from what I see. It is a added service of Scottrade they figured out the shares you will be getting using the conversion ratio of the merger.
If they are Paivis Dividend shares they are restricked per PR and 8-K released a while back. Do not let any broker tell you diferent.
Also you can request ahead of time your Certs even though they are not in your account.
They will be mailed to you.
*******************************************************
Scottrade charges $40.00 for certs.
My PAIV shares have not been entered into my account as of yet!
However, GAINSKEEPER shows them as being deposited into my account and tradeable but Scottrade says differently. Say's its a mistake.
How does one find out??????????????????????????
Dallas more information Delivery of Certs
It would cost around twenty dollars to request your certs from your broker.
You can request all of them in one Cert. This applies for regular and Restricred Shares.
You do not have to wait till they are in your account, you can start the process right now.
This would from what I understand take all the Paivis Shares out of the Market and prevent shorting.
The Restricted Shares you request would have the date on them stateing when they become tradeable from what I have understood.
IMO requesting the Certs is a plus for us shareholders and should be done now.
The Transfer Agent should have all shareholders names to distribute the shares that are owed us.
********************************************************
By: dallas66tx
20 Jun 2006, 12:28 PM EDT Msg. 7001 of 7005
(Msg. is a reply to by None.)
Delivery of restricted shares:
It appears there is a "glitch in the system" between the Transfer Agent and the DTC concerning the verifiable count of shares/shareholders involving JPHC. This information is gathered from brokers to verify the accuracy of shareholder positions and an accounting of a securities O/S and float. The information is matched to what the company says is out there on the market, and held by insiders, so the accounting process can be verified as accurate.
One has to expect that Ameritrade will do nothing to help the shareholder in this fiasco, and the added pain of the SEC being notorious for taking their time to investigate/resolve issues will only result in this giving ATD more time to figure a way out, or at the very least allow them to minimize cost and damage to their reputation.
We as shareholders have very little recourse outside what some of us have already done. We filed complaints with the SEC, NASD, DTC, and ATD. That almost exhausts our limited abilities to bring an effective argument to the table and have it heard by someone WILLING to listen and act.
We do have another tool that is to our benefit to use. Requesting your Certs for your PAIV shares. Since PAIV is covered under the regulation SHO guidelines (rule 203), by law, undeliverable shares must be reported. This should in effect bring another front to defend by ATD and any other brokers dealing with shorted positions. By requesting certs, it forces the broker to act. It forces the broker to PROVE they are in posession of the shares.
This will create yet another avenue for investigations to determine which brokers were/are handling shorted or NSS PAIV securites that have not complied with SEC reg SHO.
ATD will be forced to cover all restricted securities they allowed to be sold. The problem is, what is that timeframe. From what I've been able to learn in the past few weeks, ATD was given a timeframe of approx. 8 weeks....that is to RESPOND to the complaints...NOT to fix the problem.
I have been unable to verify any specific timeframe for the completion of this cleanup by ATD, as they refuse to disclose any information. The SEC says it's a confidential investigation and will be monitoring. It is quite possible that requesting certs will put yet another thorn in ATD's side, and force them to react a little quicker. We as individuals have very little impact, such as one mosquito against an elephant...one or two...slight irritation possibly....but when you have several hundred or thousand attacking....you get the picture. all IMO.
Smart_Quasi good for you
I have after people to write the SEC for some time now. From the Paiv Board below.
Posted by: same53
In reply to: None
Date:6/16/2006 9:02:50 AM
Post #of 3918
File an SEC Complaint Today
Here is the contact at the SEC handling Complaints on Ameritrade and Paivis.
SEC Investor complaint Merrily Katz 202 551 6317
File a Paivis SEC Complaint, Very Important
That you ask for.
Tell the SEC you want them to force Ameritrade to buy back all the Illegal Restricted Shares in one day just as they Ameritrade flooded the open market with these Illegal Restricted Paivis Shares on May 19, 2006.
It is very important to request this, if you do not Ameritrade will have at their own discression the time frame to buy those Illegal Restricted Paivis Shares.
Also request from the SEC for Ameritrade to make known the amount of Illegal Restricted Shrares they Ameritrade flooded the open market with on May 19, 2006.
We as Legal Paivis shareholders have a right to this information.
There may be 3 Billion NSS Paivis Shares by Ameritrade.
Do not let Ameritrade get away with this .
http://www.sec.gov/complaint/selectconduct.shtml
Select this link to file your complaint.
Fraudulent or unregistered offer or sale of securities
******************************************************
Posted by: nukuhivaIn
reply to: Buzzard63 who wrote msg# 3836 Date:6/14/2006 11:47:26 PMPost # of 3857
Buzzard I suggest that you contact asap the SEC and file a complaint about Etrade from a previous post "SEC is looking over the development ,can't comment only to the facts that some who complaint to them against AT were in good shape while the others are on their own ,getting margin call ..I told them that people are exchanging right now phantom shares that's completly illegal and ask if they have a deadline to cover ...She seems to be very aware of this situation here with At and Etrade as well !she told me to look after myself right now and not buying any of these shares !"here is the contact at the SEC and complaint ASAP for yourself SEC Investor complaint Merrily Katz 202 551 6317
********************************************************
By: dallas66tx
25 May 2006, 05:21 PM EDT Msg. 54779 of 54798
(Msg. is a reply to 54777 by simont68.)
simon:
You and everyone else that uses Ameritrade really need to go to this website and file a complaint. I know a lot of people sold that knew shares were restricted, but Ameritrade KNOWINGLY credited accounts with "phantom" shares, and KNOWINGLY told shareholders the securities were free trade shares, when they in fact knew they were passing false information. Ameritrade should be held accountable for knowingly violating securities laws.
http://www.sec.gov/complaint/selectconduct.shtml
Winston_Venkman it is a Pink Sheet Company
And IMO has a lot of potential. The MM's who are corrupt IMO play games with the Pinks. It isn't the Company FSMH.
Now what FSMH should do is merge with someone to get to another exchange.
FSMH is doing all the right things as I can see.
I would like to see them post a Financial Report.
**********************************************************
too bad fsmh will close below .0009; stay way this dog has fleas and soon ticks
That is Great News IMO
It is high Tech with major Tele Companies. FSMH has made a lot of recent aquisitions and is well diversified. The CEO and management seems to know exactly what they are doing.
Who knows maybe FSMH will be bought out.
*************************************************************
Press Release Source: FSBO Media Holdings, Inc.
FSBO Media Holdings Enters Into a Definitive Agreement to Acquire Dynamic Software Development, Technology and Hosting Company
Monday June 19, 9:50 am ET
Company Delivers Video Delivery Platforms to Virgin Mobile, USA Today, Comcast, Wrigleys, Bosch, and Many Other Clients Worldwide!
CORAL SPRINGS, FL--(MARKET WIRE)--Jun 19, 2006 -- FSBO Media Holdings, Inc. (Other OTC:FSMH.PK - News) announced today that it has entered a definitive agreement to acquire privately held Florida-based RelaxRelax Inc., a leading provider of media delivery systems, technology and hosting.
Through its developer website www.flvhosting.com, Relax Relax Inc. has provided video delivery platforms and hosting to companies such as Virgin Mobile, USA Today, Comcast, Wrigleys, Bosch and others through clients such as LiquidusMarketing.com and IcgroupInc.com. Clients using the company's proprietary media delivery applications utilize administration of high quality video compression and playback for use in commercials, infomercials, promotions, and online pay per view movie playback. Relax Relax Inc. has several hundred clients in over 20 countries worldwide.
Click here to see and hear more: http://www.flvhosting.com/index.php?sc=8
Steve Bazsuly, FSBO Media Holdings Chairman, said, "This acquisition brings revenue streams and strengthens our foundation through the core technologies of RelaxRelax, Inc., thus enhancing our overall internet businesses. Moreover, the creative talents of founders Paul Vizard and Cort Stull joining the FSBO team brings years of experience in streaming video production and programming. The intellectual firepower and talent this acquisition provides fits right into the FSBO WebTV plan of closing the gap between Internet and television quality production." www.fsbomediaholdings.com
ADVERTISEMENT
FSBO Media Holdings excels in web development and media strategy, online-offline promotions, partnership marketing, and branding/identity. FSMH utilizes conventional forms of media advertisement such as internet, TV, print and radio. Other service providers will be able to advertise services and products through the FSBO Media Holdings network of affiliates. FSBO Media Holdings, Inc. will also seek to acquire other businesses related to the real estate industry as well as other providers of media content. FSBO Media Holdings has established individual divisions to include FSBO Home Shoppers Network, an online merchandiser of thousands of household items; FSBO Financial Network by which the Video-Spectus www.videospectus.com is produced and sold; FSBO Mortgage; FSBO Title; and FSBO flat fee home listing and marketing services
FSBO WebTV'S primary video programming is directed towards the For Sale By Owner real estate marketing and listing business. FSBO is modeling its services after the discount stock brokerage businesses that revolutionized their industry such as Scottrade, E-Trade and other popular consumer accepted brokerage services that have provided the "Self Help Directed" methods of buying, selling and making investment decisions on their own without paying high commissions. www.fsbowebtv.com
I posted this on RB
off2theraces Thanks I took
A look and added information about Ameritrade and PLNI to my collection of information. Seems to me Ameritrade is involved with a lot of Companies in a Bad sense.
Here are some others GVRP,PLNI,BCIT,PAIV and CMKX.
Something is not right and PAIV is the most Blatant Abuse Fiascal of them all IMO.
******************************************************
By: off2theraces
17 Jun 2006, 11:26 PM EDT Msg. 6975 of 6976
(Msg. is a reply to by None.)
OT: same53: you might try this link and prior posts for the full story and the pinksheets plni pr to shareholders:
http://www.siliconinvestor.com/subject.aspx?subjectid=55634&LastNum=5281&NumMsgs=10
Thanks all for you help
Appreciated the info on Ameritrade and Paivis
GVRP, PLNI, BCIT, PAIV is what
I have found out so far that Ameritrade was involved with. All are similar with PAIV being the moat Blatant Ameritrade Fiascal.
Thanks for your help.
Was Ameritrade involved with PLNI
I am gathering information, I am a Paivis shareholder and Ameritrade is involved there.
Thanks
Was Ameritrade involved with BCIT
I am gathering information, I am a Paivis share holder and I am sure you all know what Ameritrade did there.
Thanks
From A Paivis Shareholder
Is anyone here working in gathering infomation about what Ameritrade did to GLUV. If so please let me know we may be able to work togeather in this situation. Myself, I filed a SEC Complaint against Ameritrade, I know many others who have done the same.
Let me know how to contact you.
Thanks
Ksems can you post
That Ameritrade e-mail please.
Thanks
******************************************************
timmage
im just tellin ya what they told me ...
they did kind of imply that PAIVIS issued them to Ameritrade incorrectly
fugeguy not so sure on that
I think the SEC is getting a lot of Complaints about Ameritrade. My understanding is that this screw up by Ameritrade is of enormous proportios which means IMO that the SEC will look into and be very serious on what transpired on May 19, 2006 when Ameritrade flooded the open market with Illegal Restricted Paivis Shares.
Keep up the pressure we deserve to know what is happening and for this situation to be rectified in the Companies and shareholders interest.
This is our Investment.
*************************************************************
same,
I filed another complaint today.
I had filed one before but in this one I included information from the company filings and PR's.
Must say that I am not hopeful, in regards to, the SEC. They will most likely protect ATard at the expense of the investors. If this was some small broker screwing old ladies they might step in. But in general the level of ineptitude of the SEC is noteworthy even by government standards >>which are very low<<.
-- another dram --
File an SEC Complaint Today
Here is the contact at the SEC handling Complaints on Ameritrade and Paivis.
SEC Investor complaint Merrily Katz 202 551 6317
File a Paivis SEC Complaint, Very Important
That you ask for.
Tell the SEC you want them to force Ameritrade to buy back all the Illegal Restricted Shares in one day just as they Ameritrade flooded the open market with these Illegal Restricted Paivis Shares on May 19, 2006.
It is very important to request this, if you do not Ameritrade will have at their own discression the time frame to buy those Illegal Restricted Paivis Shares.
Also request from the SEC for Ameritrade to make known the amount of Illegal Restricted Shrares they Ameritrade flooded the open market with on May 19, 2006.
We as Legal Paivis shareholders have a right to this information.
There may be 3 Billion NSS Paivis Shares by Ameritrade.
Do not let Ameritrade get away with this .
http://www.sec.gov/complaint/selectconduct.shtml
Select this link to file your complaint.
Fraudulent or unregistered offer or sale of securities
******************************************************
Posted by: nukuhivaIn
reply to: Buzzard63 who wrote msg# 3836 Date:6/14/2006 11:47:26 PMPost # of 3857
Buzzard I suggest that you contact asap the SEC and file a complaint about Etrade from a previous post "SEC is looking over the development ,can't comment only to the facts that some who complaint to them against AT were in good shape while the others are on their own ,getting margin call ..I told them that people are exchanging right now phantom shares that's completly illegal and ask if they have a deadline to cover ...She seems to be very aware of this situation here with At and Etrade as well !she told me to look after myself right now and not buying any of these shares !"here is the contact at the SEC and complaint ASAP for yourself SEC Investor complaint Merrily Katz 202 551 6317
********************************************************
By: dallas66tx
25 May 2006, 05:21 PM EDT Msg. 54779 of 54798
(Msg. is a reply to 54777 by simont68.)
simon:
You and everyone else that uses Ameritrade really need to go to this website and file a complaint. I know a lot of people sold that knew shares were restricted, but Ameritrade KNOWINGLY credited accounts with "phantom" shares, and KNOWINGLY told shareholders the securities were free trade shares, when they in fact knew they were passing false information. Ameritrade should be held accountable for knowingly violating securities laws.
http://www.sec.gov/complaint/selectconduct.shtml
KG4 This is from a Poster
Who said it was from Ameritrade. Why don't you e-mail Ameritrade and find out some information and post it here. Or why don't you post here what you think the Company did Illegal.
***********************************************************
How exactly do you know that? A Link Please?
I would think that is something for the SEC or some form of legal counsel to determine, not a message board poster. If it is your opinion, great...state it as such...but please dont mislead people into thinking that is factual. This situation is a fiasco with much left to be played out and some answers already available for those that seek them......Thank You.
<< The Company did everything Legal.>>
vicsteele and others who want answers
Why not e-mail Ameritrade with your concerns. Then file a SEC Complaint. After all they started this mess. The Company did everything Legal. So after you get your response from Ameritrade post it here so we all can read it.
*************************************************************
This whole thing stinks. I put in $7500 into JPHC. Now I can't even sell one freaking share? This blows. This is my money. What the hell is this. Wait until next year so that I can maybe get my money back unless PAIV pulls a fast one before they release some of the restricted shares.
What a con of the grandest proportions.
fugeguy I agree but
This is what I have found so far. Does anyone have anyother Ameritrade Information on this subject.
HUH?!
If either of those things had happened we'd be one hellofalot
higher!
>> IMHO <<
**********************************************************
Ameritrade the latest Information
This is what I found out so far trying to finding out what is going on with Paivis Shares, can anyone confirm this. Has anyone seen a difference in their Ameritrade Account.
There are no restricted shares currently being traded. TD AMERITRADE either
bought back shares traded on the open market, or required clients to buy back
shares that were not authorized to be trading.
Thanks
Ameritrade the latest Information
This is what I found out so far trying to finding out what is going on with Paivis Shares, can anyone confirm this. Has anyone seen a difference in their Ameritrade Account.
There are no restricted shares currently being traded. TD AMERITRADE either
bought back shares traded on the open market, or required clients to buy back
shares that were not authorized to be trading.
Thanks
Contacting Ameritrade
Has anyone had any luck in finding out what Ameritrade is doing about correcting the mess they got us in with the restricted Paivis shares. I am tired of messages never being answered.
Thanks
Ameritrade and Paivis
Has anyone any e-mails or phone calls with from Ameritrade as to what the outcome of this mess going on with the Restricted Paivis Shares they put on the open market May 19, 2006.
Also if anyone here sold restricted shares of Paivis starting from May 19, 2006 what has been the the outcome of this between you and Ameritrade. Did they force you to buy back the shares, are they Ameritrade buying back the shares, are they charging you commissions on all the transactions?
. Any help is appreciated.
FSMH
RSI real low around 30 MACD turning up LOW FLOAT 450 Million estimate.
NEWS!!Link>>>
http://biz.yahoo.com/iw/060608/0134303.html
FSMH
RSI real low around 30 MACD turning up LOW FLOAT 450 Million estimate.
NEWS!!Link>>>
http://biz.yahoo.com/iw/060608/0134303.html
FSMH
RSI real low around 30 MACD turning up LOW FLOAT 450 Million estimate.
NEWS!!Link>>>
http://biz.yahoo.com/iw/060608/0134303.html
FSMH at .0015
RSI real low around 30 MACD turning up LOW FLOAT 450 Million estimate, check this one out News Today
NEWS!!Link>>>
http://biz.yahoo.com/iw/060608/0134303.html
Latest Share Structure
Does anyone have that info.
yahabiby1 Yes they have' Thankyou
I e-mailed CEO's before and also talked on the phone with a few. If you have a concrete Idea back it up with facts treat the CEPO with respect then you can have an effect IMO. I have found this IPRE CEO head and shoulders above a lot of other CEO's.
Why don't you try for yourself, you may be pleasently surprised it is your investment.
**********************************************************
Do you guys think they will actually take your advice from e mails. It seems like they have already made there mind about the 1000:1 split and I got burned once again.... But I guess we will see. Have your e mails ever invfluenced a CEO to change his mind regarding a split or anything for that matter?
seabiscuit Good Letter
That is constructive IMO not B/S
Letter to CEO :
Dear Mr. Hergott :
I am an investor in IPRE.pk .
May I present two examples of successful reverse splits . MicroStrategy is an industry leader on the Nasdaq , ticker MSTR . The stock had been egregiously manipulated by groups of people who profitted from the stock's demise , ie legal
and illegal shorting of the PPS to under $1.00 . The CEO addressed the company's shareholders and all public investors with their corporate plan and the necessity to reverse split the stock at 1 : 10 ratio , with the company's outstanding shares now standing at 13.5 million ( combined Class A & B ) .
The stock price has risen from $4.50 post split to $93.00 .
InfoSpace , ticker INSP is another example of a stock that had been pummelled to .45 cents through manipulations by groups of people with nefarious intents . INSP's outstanding shares are now 31 million ( post split of 1 : 10 ) and their PPS is now over $20.00 .
My point to you , Mr . Hergott , is that Imperia Entertainment boasts of milestone accomplishments for the Company , with the company's future prospects that WILL BE envied by the investment community and by the entertainment world .
My issue is not with your ( or Mr. Eades ) need to reverse split the trading equity of IPRE.pk , but my concern is with your timing that is evidently consequencing the current PPS .
As with MSTR and INSP the timing of their respective reverse splits coincided with strong fundamentals and verifiable forward guidance . The effects of their reverse splits were both very positive .
If I may suggest to you , Imperia Entertainment could wait to reverse split the company's stock until the company has verifiable revenue contracts for
All That I Need / Say It In Russian / and other finished or near finished movies .
The stock should benefit greatly from such progressive events and with a stock price that theoretically could rise to well over .01 to .04 cents you could then announce the Company's plans to reverse split on a ratio of 1:20 to 1: 50 ,
rather than the proposed 1 : 1,000 .
In summation , my learned opinion is that reverse splits from a position of verifiable growth can have very positive effects on a trading equity , and conversely , reverse splits from a position of perceived or real weakness have commensurately negative effects on a trading equity .
By publicly rescinding the Company's intentions for the planned reverse split until Imperia demonstrates financial growth , you would provide investors the opportunity to be part of your corporate plans instead of victims to the current , negative market reaction .
I hope that you will consider other viable options than the course you and Mr . Eades have chosen , as expressed in Imperia's latest news release(s) .
Sincerely ,
Renee H. McAlister
sparkasse I wrote an e-mail
To James with diferent ideas that he will look at.
I posted this yesterday, not one poster here thanked me for sharing this e-mail with the board and a lot of posters on this board COMPLAIN and FIGHT with one another over B/S when they could do something constructive as writeing the CEO with Real Soulutions.
Get real posters this is your investment.
.
E-Mail I sent and Response back
Let me first say I am impressed with the CEO answering my E-Mail so fast. This shows me he has Character.
My E-Mail Sent
On 6/6/06, WXXXXXXXXXXXX wrote:
Hello James,
> > From the P/R below.
> > http://www.allthatineed.net/pressrelease040206.html
> >
> > I see you do not have a large share structure as
> > other pink sheet
> > Companies have.
> > What would a Reverse Split do besides what it has
> > done today which is
> > cause uncertainty in the market place with IPRE and
> > management..
> > There are a lot of skeptics out there that are
> > wondering if IPRE
> > Management knows what they are doing. I appreciate
> > Honesty in a CEO and
> > management but would also like things explained.
> > Why don't you as management check on other Companies
> > who have done
> > Reverse Splits and see many of them have not worked
> > out to the detriment
> > of shareholders and the Company..
> > I feel a R/S is not needed. I also see that a R/S
> > was done once before
> by management under another Company Name, tell me what did the
previous
> Reverse Split do for the Company and its shareholders that was
positive?
> You have a very good Company with a lot of positives. If you plan on
going
> to another exchange as the OTC.OB do you think at a higher share
price the
> Illegal Naked Shorters will not do the same thing all over again that
you
> are trying to rectify now.
> I do not think so the same thing will happen all over again IMO.
>
> The way to stop this Is to move to the Nasdaq or American Exchange
where
> institutions can get involved with IPRE, also the Nasdaq and American
> Exchange are more scrutinized.
>
> The move to the OTC. OB Exchange means you will be a fully reporting
> Company which is good IMO, but why not if you are going to do a R/S
amd
> spend money on Quarterly Financial Statements apply for the American
or
> Nasdaq Exchange.
>
> Better yet have you thought about a merger with a Company on a higher
> Exchange.
> Case in point JPHC.PK who was massively illegally shorted located in
> Vancouver was bought out by APO Health on the OTC.OB. JPHC saved $
100 to $
> 200, 000.00 in filing fees by doing this. The new Company name is
Paivis
> INC.
> When the new Company Paivis (PAIV) started tradeing Ameritrade
Illegally
> Shorted Restricted Shares and now the SEC is involved.
> This is on the OTC.OB Exchange.
>
> On the OTC.OB IMO you will have the same problems you are trying to
> rectify.
>
> Another way is to find out how many shareholders you have and the
amount of
> shares held by the Company and Shareholders.
> Then you have a good case as to what exactly is going on with IPRE
and the
> markets.
> You can request that all shareholders pull their stock certificates
from the
> Brokerage Houses which means the ShareStructure will be out of the
Shorters
> Hands.
>
> You also could distribute a future Cash Dividend to ShareHolders.
This will
> surely help IMO.
>
> If anything you should explain what your intentions
> > are in detail, not
> > in one sentence as was done in yesterdays PR mentioning
> > the Reverse Split.
> > This was poorly done IMO.
> >
> > I look forward to your response and hope I helped you in some way.
>
> LFWK and USXP are two othe Companies with similar problems. You may
want to
> look at all the Companies I mentioned above and find out what they
are doing
> to counteract the Illegal Naked Shorting in their companies.
>
> >
> > Thankyou,
> > A concerned shareholder.
> > WXXXXXXXXXX
***************************************************************
> >
> >
Response Back
WXXXXXX,
Thank you for your suggestions. Definately some good ones that I will
pass on. I think a lot of your questions were answered in today's PR.
All the best,
James
E-Mail I sent and Response back
Let me first say I am impressed with the CEO answering my E-Mail so fast. This shows me he has Character.
My E-Mail Sent
On 6/6/06, WXXXXXXXXXXXX wrote:
Hello James,
> > From the P/R below.
> > http://www.allthatineed.net/pressrelease040206.html
> >
> > I see you do not have a large share structure as
> > other pink sheet
> > Companies have.
> > What would a Reverse Split do besides what it has
> > done today which is
> > cause uncertainty in the market place with IPRE and
> > management..
> > There are a lot of skeptics out there that are
> > wondering if IPRE
> > Management knows what they are doing. I appreciate
> > Honesty in a CEO and
> > management but would also like things explained.
> > Why don't you as management check on other Companies
> > who have done
> > Reverse Splits and see many of them have not worked
> > out to the detriment
> > of shareholders and the Company..
> > I feel a R/S is not needed. I also see that a R/S
> > was done once before
> by management under another Company Name, tell me what did the
previous
> Reverse Split do for the Company and its shareholders that was
positive?
> You have a very good Company with a lot of positives. If you plan on
going
> to another exchange as the OTC.OB do you think at a higher share
price the
> Illegal Naked Shorters will not do the same thing all over again that
you
> are trying to rectify now.
> I do not think so the same thing will happen all over again IMO.
>
> The way to stop this Is to move to the Nasdaq or American Exchange
where
> institutions can get involved with IPRE, also the Nasdaq and American
> Exchange are more scrutinized.
>
> The move to the OTC. OB Exchange means you will be a fully reporting
> Company which is good IMO, but why not if you are going to do a R/S
amd
> spend money on Quarterly Financial Statements apply for the American
or
> Nasdaq Exchange.
>
> Better yet have you thought about a merger with a Company on a higher
> Exchange.
> Case in point JPHC.PK who was massively illegally shorted located in
> Vancouver was bought out by APO Health on the OTC.OB. JPHC saved $
100 to $
> 200, 000.00 in filing fees by doing this. The new Company name is
Paivis
> INC.
> When the new Company Paivis (PAIV) started tradeing Ameritrade
Illegally
> Shorted Restricted Shares and now the SEC is involved.
> This is on the OTC.OB Exchange.
>
> On the OTC.OB IMO you will have the same problems you are trying to
> rectify.
>
> Another way is to find out how many shareholders you have and the
amount of
> shares held by the Company and Shareholders.
> Then you have a good case as to what exactly is going on with IPRE
and the
> markets.
> You can request that all shareholders pull their stock certificates
from the
> Brokerage Houses which means the ShareStructure will be out of the
Shorters
> Hands.
>
> You also could distribute a future Cash Dividend to ShareHolders.
This will
> surely help IMO.
>
> If anything you should explain what your intentions
> > are in detail, not
> > in one sentence as was done in yesterdays PR mentioning
> > the Reverse Split.
> > This was poorly done IMO.
> >
> > I look forward to your response and hope I helped you in some way.
>
> LFWK and USXP are two othe Companies with similar problems. You may
want to
> look at all the Companies I mentioned above and find out what they
are doing
> to counteract the Illegal Naked Shorting in their companies.
>
> >
> > Thankyou,
> > A concerned shareholder.
> > WXXXXXXXXXX
***************************************************************
> >
> >
Response Back
WXXXXXX,
Thank you for your suggestions. Definately some good ones that I will
pass on. I think a lot of your questions were answered in today's PR.
All the best,
James
BigDog Exactly
I wrote an E-mail to the CEO but forgot that very important Item.
Ask for the Company IPRE to do a share buyback.
**************************************************************
Braden
The investors here are very upset from this news. The best way for management to show there confidence going forward is to announce a buyback of there shares if they feel they are way undervalued here.
Anyone who emails the company or gets a response back should reply back to the company to implement a buyback program to boost investor confidence back up.
My saying is if you think your stock is so undervalued then take advantage of it and buyback all the shares you can at these levels and try to keep the investors you have rather than starting all over again trying to build up your shareholder base.
I've never heard of a bad buyback. So hopefully with enough pressure from investors they may do it
A lot of B/S here
And everyone has an answer. Why not e-mail the people in charge and ask them for the Facts after all they do run the Company. I e-mailed and will post here if I get an answer back.
Imperia Entertainment, Inc.
James Hergott, 310-275-0089
or
Vivian Fullerlove, 214-564-3359 (Public Relations)
musbviv@yahoo.com
I wrote an E-Mail
To the person below which was on the bottom of todays PR asking Questions about the R/S mentioned today. I suggest everyone do the same asking for a detailed explanation of what their plan is, not a one liner sentence as was today.
I will post here when and if I get a response back on what I asked.
musbviv@yahoo.com
In my Opinion
If we get off this corrupt pink sheets market it is positive IMO. I would like to see a move to the Nasdaq or American if possible. In this case a reverse Split if done will work. No value will be lost in the S/P. You will have less shares thats all IMO.
The Naysayers that do not own IPRE will be out in full force as I have seen already telling you differently so they can buy lower. Well IMO we are at the low so you better buy now naysayers.
Here is some DD MGMX
Read the Financial Statement just released May 2006
Insiders own 49% of the stock and MGMX has positve earnings.
Now this is FACT.
http://www.pinksheets.com/quote/finance.jsp?symbol=MGMX
Here is some DD MGMX
Read the Financial Statement just released May 2006
Insiders own 49% of the stock and MGMX has positve earnings.
Now this is FACT.
http://www.pinksheets.com/quote/finance.jsp?symbol=MGMX
Here is some DD the FACTS
Read the Financial Statement just released May 2006
Insiders own 49% of the stock and MGMX has positve earnings.
Now this is FACT.
http://www.pinksheets.com/quote/finance.jsp?symbol=MGMX
Jonny Falls Correct
These asses who write such articles should be reported for their bougus articles.
I saw what their article did to JPHC, litterally they tried to destroy the Company. I talked to the Company JPHC on many occasions they were legit all the time.
Its similar to what our main stream news medias like ABC, CBS, and NBC tell us. Now think about it do you beleive they above are looking out for you and trying to save you like Stock Patrol. They are all Liars in it for their own personal gain and are the lowest form of life IMO.
IMO these asses work with Illegal Naked Shorters and MM's.
Well JPHC is now PAIVIS and I have a Restricted Dividend that converted at .005 for a 1000% gain. Paivis IMO will do very well.
*****************************************************
Ditto. They base their opinions on past actions, past names, that have absolutely NOTHING to do with MGMX and it's future progress.
Want my Opinion on this Article
It is full of it, these idiots did the same article on JPHC and then another so called article on BKMP.
IMO these idiots do these articles to buy for themselves.
[QUOTE=strongus2006]It is my duty to alert you guys..
Is MGMX a scam stock ????
Not sure whether any one posted this on this thread before.
I-hub poster brought this to my attention.
osted by: Charlatan
In reply to: None
Date:6/3/2006 7:45:39 AM
Post #of 3050
MGMX, Dont be a bagholder....
I did some DD on this company starting with it's previous history. I came across this article wich I feel everyone should read. I have no position in this stock and I don't like to see new and niave investors getting caught in pump and dump schemes.
True Shakerzzz group is pumping this one at present. Keep in mind you must be an experienced trader to profit from these pump and dumps. DO NOT think this is a good investment. I do not condone pump and dumps however people will be left holding the bag, don't be one of them. Below is the link and article.
http://www.stockpatrol.com/article/key/metrogoldmines>
Metro Gold Mines Mineral Resources, Inc. - Is This MGM Grand?
Investigative Reports
May 4 2006
Companies attract interest for a variety of reasons. Management announces a new product, service, acquisition or initiative, and investors respond. A new patent, a trademark, or FDA approval of drug trials may spark interest in a stock. On occasion, promoters successfully intrigue investors with promises of stellar performance and tales of skyrocketing profits.
In each such instance, some activity or announcement brings attention to the company and drives investors to the stock. There are times, however, when there is no apparent rationale for trading activity; where volume soars or prices move significantly without a word from the company or its proponents. In those cases, observers can only sit back and wonder who might be selling all of those shares, and why anyone would be motivated to buy them.
Which brings us to Anglo-Andean Mining Co. (Pink Sheets AADN), a Pink Sheet company that made a splash last week. What was so intriguing about Anglo-Andean? Start with the trading volume, which popped from 1000 shares on April 24, 2006 to 3,290,300 shares on April 27, 2006.
Then there is the share price, which rose from 6 cents at the opening on April 24th to a high of 12 cents a share on April 27th.
More than 3 million shares changed hands in a single day, and the stock price doubled in less than a week – all without the benefit of a single press release or public announcement
And then, on May 1, 2006, the Company changed its name – for the second time in two months and the fourth time in two years – to Metro Gold Mines Mineral Resources, Inc. (or, more informally, MGM Mineral Resources (Pink Sheets: MGMX).
Mystery solved – or compounded?
History Lessons
As Sinatra sang, "How little we know. How much to discover…"
The Company's name may have changed once again, but interest in the Company – as measured by trading volume – continues to grow. On May 3, 2006, the Company was among the most active issues traded on the Pink Sheets; almost 20.7 million shares of MGM stock were traded, at prices ranging from 8.5 cents to 13 cents a share. What do investors know about the Company? A little more than last week – but still, very little.
As Anglo Andean Mining, the Company was strikingly silent, even as its stock price rose and trading volume swelled. Anglo Andean did not file public reports with the SEC's Edgar System, or post financial reports on the Pink Sheets. And we have found no record of press releases issued by the Company during its brief life as Anglo Andean. Consequently, public investors have had no meaningful information which might convince them to buy or sell shares. So why were they buying?
The Pink Sheets offered only a modicum of information about Anglo Andean – presumably all that was available from the Company. According to the Pink Sheets, Anglo Andean was a Delaware corporation located at 10016 Romandel Avenue, Santa Fe Springs California, and its telephone number was (562) 863-7000. We called that number and reached the offices of a business called "Color and Copy." The woman answering the phone said that Color and Copy had been using that number for at least one year. She said she never has heard of Anglo-Andean.
The Pink Sheets listing offered few additional details about Anglo Andean. A description of the business was "not available;" the names of officers were "not available;" the number of outstanding shares and market cap were similarly "not available." In fact, the most meaningful information that was available – other than the Company's address and the incorrect telephone number – consisted of a list of its various corporate identities, and reference to a 1000 for 1 reverse-stock split that was implemented in February 2006, at around the time the Company changed its name from Mercantile Gold Inc. to Anglo American.
The Company has been known by five names in the past four years. It operated as CADItech International before changing its name to AMC American Music Corp, Inc. in May 2004, for reasons we were unable to discover. Just five months later, the Company became Mercantile Gold Co. Mercantile Gold maintained a somewhat higher profile than its successor, Anglo Andean, although there is nothing to indicate that it enjoyed any measurable success or earned meaningful revenues. As Mercantile Gold, the Company maintained a website - which lingers in cyberspace – describing itself as a "mineral exploration and development company whose objective is to 'acquire, discover and develop world-class (multi-million ounce) gold and silver deposits'" and eventually, to sell them to, or develop them with "major international mining companies."
During its brief two year existence, Mercantile Gold proclaimed a series of acquisitions. In November 2004, for example, the Company announced that it had acquired the "Solaga silver project," located in the Villa Alta Mining District of Mexico, from an individual named Jose Perez Reynoso for $150,000 and 60,000 restricted shares of the Company's common stock. Although the Company said that the Solanga project had "excellent potential" for the discovery of silver with "bonanza values," there is nothing to suggest that the Company ever reaped significant revenues from the venture.
Perhaps the most intriguing aspect of Mercantile Gold's "activities" was its relationship with Capital Hill Gold Company, another putative mining company whose hype outpaced performance. Mercantile Gold issued a press release in February 2005, announcing its acquisition of 50% of the "Mexican Hat" gold deposit, a project located in Southeastern Arizona, from Capital Hill Gold for $25,000.
StockPatrol.com readers already are familiar with the operations of Capital Hill Gold, and its efforts to extract valuable minerals from "Mexican Hat." Indeed, as we discovered when we wrote about Capital Hill Gold in October 2004, other developers, including Placer Dome, had been exploring the Mexican Hat property since 1930, with modest results. Although Capital Hill Gold initially expressed considerable optimism for the project, it retreated from those rosy predictions under pressure from the British Columbia Securities Commission, and conceded that its estimates and projections had not been independently verified. See Capital Hill Gold, Inc. - Is There Gold In Them Thar Hills? In February 2006, Capital Hill Gold (which changed its name to Amerimine Resources, Inc.) gave up its dreams of gold, and entered into a reverse-merger with American Unity Investments, Inc., a Nevada corporation. Amerimine now plans to enter the forestry business in the Peoples Republic of China.
The relationship between the two companies did not end with the swap of Mexican Hat. In April 2005, Mercantile Gold announced that Capital Hill had offered to acquire its Mexican subsidiary and the Solaga project in exchange for 500,000 restricted shares of Capital Hill Gold common stock. We found nothing that would indicate any of the swapped projects proved viable.
Meanwhile, Mercantile Gold continued to pursue additional projects. In March 2005, the Company disclosed that it had acquired the "Star Hill gold deposit," located near Tucson, Arizona. Although the Company later said that it had begun exploration on the properties, there is no indication that any of Mercantile Gold's efforts yielded significant minerals or generated revenues.
The Company's failure to return profits did not discourage stock promoters from jumping aboard the Mercantile Gold hype-wagon. One Internet stock picker, "The Green Baron Report," published by Evergreen Marketing, added Mercantile Gold to its list of "Stocks to Watch in December 2004, claiming that "our research indicates that Mercantile Gold Company is everything we have been looking for" in the mining sector. The Green Baron said it was "initiating coverage at this point because we foresee a move in the stock to much higher levels than could facilitate a stock split. We envision a similar trading pattern to U.S. Canadian Minerals prior to its recent pullback."
The Green Baron which received 6,000 shares of free trading stock from an unidentified "consultant" to Mercantile Gold, distributed several additional reports endorsing the stock. Of course, the Green Baron once called CMKM Diamonds, Inc. "The Stock Play Of A Lifetime" – and investors are still reeling from the failures of CMKM, which surrendered its public listing after regulators questioned CMKM's failure to file required public reports. The troubled history of U.S, Canadian Minerals –cited as an example by The Green Baron - also is well-documented. See Buddy Up! - CMKM Diamonds, Inc.; U.S. Canadian Minerals, Inc.; Juina Mining Corp.; St. George Metals, Inc.; and United Carina Resources Corp and CMKM Diamonds, Inc. - Tapped Out and Taps. Most recently, on March 14, 2006, U. S. Canadian learned that the SEC staff was poised to recommend a civil enforcement proceeding against that Company for possible violation of the federal securities laws, including fraudulent disclosures, failure to file reports in a timely manner and improper accounting practices.
The Green Baron was not alone. Other Internet "analysts" were picking Mercantile Gold. Wall Street Futures, owned by a stock site called Wall Street SmallCap Reporter, called Mercantille Gold a "stock to watch" in April 2005, citing the Company's plan to sell its Mexican operations to Capital Hill Gold – but failing to note Capital Hill's dismal track record.
There is nothing to suggest that Mercantile Gold rose to the occasion and justified the promoters' enthusiasm. The Company soon faded from view, supplanted in February 2006 by an enigmatic successor, Anglo Andean Mining.
Colombia, the Gem of MGM
The reign of Anglo Andean Mining was brief and silent. Unlike its predecessor, Anglo Andean did not issue press releases announcing new ventures. It did not disclose the identities of its officers, management team or principal stockholders. It did not reveal any business plan. Perhaps it did not have enough time. By the end of April 2006, Anglo Andean Mining had been transformed into Metro Gold Mines Mineral Resources, Inc. (MGM to its friends) – and the public relations machine was back at work.
MGM describes itself as a "new and promising company dedicated to mining and committed, not only to a successful venture, but with social and environmental responsibility." The Company says that it wants to be a "world class mining company" and will target Latin America, North America and Europe. For now, however, the Company's Business Plan focuses on the potential for developing mines in South America in general, and Colombia in particular. MGM's "initial mine" called ""La Esperanza," is located in Segovia, Colombia. Despite its South American connections, the Company has now moved its offices in the opposite direction - from Santa Fe Springs, California to 300 Tanbark Road, St. Davids, Ontario, Canada.
The Company, which states that it needs $1.5 million to expand operations, claims that it will begin to export gold by mid-2006. MGM's financial condition remains a question mark. The Company has not published audited financial statements. Fortunately for investors, the Pink Sheets now contain a modest amount of information on the Company. They identify MGM's CEO as Jairo Antonio Girardo and its President as Kenneth Lamb. Some of the information provided by the Pink Sheets is somewhat less clear. According to the Pink Sheets, the Company had issued 800 million shares as of February 14, 2006 (180 million of which were in the public float) - although it only was authorized to issue 400 million shares on that date.
MGM has not wasted any time getting its public relations machine in gear. On May 1, 2006 the Company issued a press release, announcing that shares of MGM had begun to trade on the Pink Sheets. The Company explained that it would concentrate on the development of precious metal mining companies – but offered no immediate insight into its history, operations, level of success or finances. The Company said that it would focus initially on the development of properties in South America and hoped to develop operations that would yield profits while also paying attention to workers' well-being and environmental concerns.
The press release did not address the name change from Anglo-Andean mining, or provide any insight into the terms of that transaction. In fact, a number of key questions remained to be answered. Had the owners of MGM acquired control of Anglo-Andean? If so, what had they paid and to whom – and what had they received in return? Are there now more than 800 million shares of common stock outstanding? Has the Company's certificate of incorporation been amended, and, if so, how many shares are now authorized? Who are the Company's principal shareholders and how did they acquire their stock?
The May 1st press release did provide an overview of the Company's new management team. It explained that Kenneth Lamb, MGM's President, has a sales and marketing background, has managed several "innovative" companies and served as a Professor of Academics for over twenty years. The Company did not identify any of the entities with which Mr. Lamb previously was associated or the educational institutions at which he served as a professor.
The press release offered a somewhat more fulsome picture of the Company's CEO, Jairo Giraldo. According to the May 1st release, Mr. Giraldo has a background in mining engineering, graduated from the University of Colombia, was certified in mining management by the American Management Association, worked for over ten years with the Ministry of Mines and Energy in Colombia, has served as an adviser to the Colombian government, and is a specialist in emerald, gold, silver and platinum mines.
The press releases have continued to flow. As markets were closing at 4:05 pm the next day, May 2, 2006, the Company issued a press release announcing its acquisition of "La Esperanza." MGM described Colombia as the highest gold yielding country in South America, but also "the most under-explored and under-developed," and declared that "[t]here are proven multi-million ounce deposits of rich gold under Colombian soil." MGM said that it was "working to modernize operations and maximize profitability of La Esperanza mine"
The Company seems to be banking on location, location, location. The May 2nd press release emphasized – repeatedly – that La Esperanza sits in Columbia's most fertile gold production region. Still, while the Company's CEO, Jairo Giraldo said that MGM was "highly pleased with what we have seen so far," the Company offered no details, independent studies or historical results that demonstrate La Esperanza has, or is likely to, yield a substantial amount of marketable gold.
MGM must have been pleased with the May 2nd press release. It issued a second release, repeating virtually verbatim the contents of the previous day's announcement, at 9:15 am on May 3rd – just as markets were set to open. What followed was impressive. Almost 20.7 million shares were traded on May 3rd, as prices bounced from 8 ½ cents to 13 cents before closing at slightly more than 9 cents a share. Could the vague set of press releases – which offered no comfort concerning the viability of the Company or La Esperanza – have precipitated this stampede? Or was there more?
There was this. At 7:00 am on May 3rd, sandwiched between the twin La Esperanza announcements, an outfit called IO Circuit recommended MGM based upon a "$.24 price target from Market Advisors." This press release, like those issued by the Company, noted Columbia's potential as a gold producing nation, and repeated the mantra that La Esperanza was located in Columbia's richest gold producing region. A second press release, issued 10 minutes later, urged investors to "have a look at Metro Golden Mines Mineral Resources."
Who was behind the sudden hype? Growth Stock Alert, an Internet promotional tool owned by an entity called Iron Consulting, had been paid $16,000 by Equity Alliance Int. LLC "for its marketing and consulting services." The report offered no fresh insight; it merely regurgitated information from the Company's press releases and website and reiterated the potential for gold production in Columbia. It provided no details of the Company's operations, history, or financial condition. Nothing that would remotely support a $.24 cent price target or the monsoon of trading that followed.
The daily press releases have continued. On May 4th, MGM announced that a new lead geologist had been appointed to oversee operations at La Esperanza. Again, the Company seized the opportunity to remind readers of Colombia's gold producing potential. And the promoters were back at it as well. An outfit called Stock Market Alerts LLC issued an early morning press release extolling the virtues of the Company, La Esperanza and the prospects for gold mining in Colombia. Stock Market Alerts was paid $5,000 to promote the Company by an entity identified only as Equity Alliance International LLC. Growth Stock Alert, which issued its glowing report earlier in the week, joined in, sending out another press release touting MGM. Growth Alert concedes that it was paid $895 by an unidentified third-party to distribute the good word about MGM.
Once again, trading of MGM shares was brisk – but the results were distressing, particularly to those public investors who bought into the hype of the past week and paid up to 13 cents a share. Almost 23 million shares changed hands on May 4th, but prices plummeted by more than 50%, closing at around 4 cents a share.
With 800 million shares issued (at least according to the Pink Sheets), MGM's market cap has varied widely in recent days – ranging from more than $80 million to about $32 million at May 4th's close. How much is this Company worth? Is "La Esperanza" as fertile as Sutter's mines? Or have we just witnessed a frenzy of activity fueled by unrealistic expectations and calculated to benefit as-yet unidentified individuals who held millions of the Company's shares and welcomed an opportunity to dump them. The Company certainly has made a splash. Will investors be left treading water?
IF YOU HAVE QUESTIONS OR COMMENTS FOR STOCKPATROL.COM, CONTACT US AT [email]editor@stockpatrol.com[/email][/QUOTE]
Companies have GamePlans
That are thought out in advance for such cases as we witnessed today. The Potential here for BKMP is great. Of course we hate to see things like this. That is why we depend on good management as in BKMP has, to deal with these kind of situations.