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"The current share structure of the company is 30,200,000 outstanding of which 24,236,802 are restricted for two years and in management's control, leaving 5,963,198 in the public float."
Explain, please...float above: ?? How come that :
Shares traded since 21st of July 07 ( 1 day after REGDEX )
19'202'600 shares traded (more than 3 times float) price decline 50%...
since REGDEX....of that figure :
On 31 of July and 01 of August (2 days trading)
13,4 MILLION shares were traded (2,5 times float) with a price decline of apprx. 50% - 75% ???
If the float above was correct, the trading volume would have sent the stock to the "moon" ...LOL and not into the dumpster!!!
Stock-decline of PRSU since 21 JUNE 07 (closing price 1$) - 95%
Interesting chart;
http://charts3.barchart.com/chart.asp?sym=PRSU&data=A&jav=adv&vol=Y&evnt=adv&gri....
In case some gullible newbies do not know what that filing means:
A filing with the SEC that is labeled “REGDEX” represents a paper filing by the company. Since the filing was not in an electronic format, it is not presented on the company’s SEC web page.
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Rule 504 of Regulation D provides an exemption from the registration requirements of the federal securities laws for some companies when they offer and sell up to $1,000,000 of their securities in any 12-month period.
One more interesting information is a REGDEX filing!! LOL
Filing as of July 20th 2007
http://www.sec.gov/cgi-bin/browse-edgar?filenum=021-106561&action=getcompany
Let me put some share structure figures here:
April 2007 O/S 1.7 million (Pink Sheet Info)
July 2007 " 30 million (CEO Statement ) 1600% Increase..
April 2007 Float 141.000
July 2007 Float 5.963.000 increase 4000% + increase
September 2007 18.000.000 increase from April 2007????..LOL
September 2007 48 million O/S ????
LOLOLOLOLOLOLOLOL
greenallday..Tell me ..HOW is it possible to have a HIGHER amount of O/S than the A/S..LOL
According to your buddy Cris PRSU has:
"The current share structure of the company is 30,200,000 outstanding of which 24,236,802 are restricted for two years and in Mr. Galo's control, leaving 5,963,198 in the public float."
According to the last published Info on Pink Sheet the Authorized Shares are 25.000.000 LOL ...take your time to answer that..LOL
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=prsu#getCompanyInfo
LOL..Hence Billions of Preferred out then...because the Restaurants were "sold" to PRSU from IBCX...then IBCX "merged" with TSTX...LOL What a game..LOL
greenallday...let me see...you say that the Sanibel Restaurants..worth 4 Million $ were paid with stocks??
There must be a few billion shares worth of convertible preferred shares out there then!!!!!!!!! AHHHHHHH shell game??!!!!!
yep that is certainly the problem they have..information about the scheme!! typical price painting..LOL the interview will be another attempt to lure gullible people into this before the stock "dividend"...expect a few more fluff PR's regarding further acquisition deals .....maybe even a signing of a LOI....!!
all has to be coming before the 15th...LOL
Although they might "due to the overwhelming positive response from the investment community" extend the due date of the dividend...LOL
porkbelly...another question is HOW did PRSU pay for the restaurants..??? LOL same old shell SCAM...very disturbing how those things can go on and on...very disturbing..!!!!
LOL...you must be quite desperate with your "investment"...for a fact I know that liable is one of the most honest posters on Ihub and provides DD that is very, very thorough and without prejudice!!
GNOTE ..what is your agenda here??
whenever a poster starts with personal insults thats an additonal red flag for a pink company!!!!
Again HokieHead... HOW did they pay for the 4$ Million???
If its not a shell play scam...???
That question is an easy one to answer...
My experience with CEO's of pink stocks tells me that even a poster of a chatroom has a higher credibility rating..LOL
Hokie...if this is not related to the previous scam ...enlighten me how PRSU did pay the 4 million $ for the 2 restaurants they "bought" from IBCX...? Did Galo open his private saving account to put his money into the lucky shareholders equity account...
must be a real nice guy this Cris ...Halleluja ...a saint was born..LOL
OR...God forbid, it was just a switch of shells to start over the same game again?? Would that explain how they , miraculously, got into a $ 4 million restaurant business, without coming up with any cash..???? LOL
LOL..this is the same scam like IBCX..same people behind it..different front up man..LOL
you should go away if you do not want to lose your money..LOL..
I am staying my friend...thanks for the advice though...LOL
LOL..same scheme...interviews...LOL This guy is really grasping at straws..LOL The scam goes down the drain even before it has properly evolved..LOL
sharestructure ??? Transfer Agent does not give any information??
That is nothing else than a gagged T/A
Ghee this scam is sub-penny even before the "dividend" is paid on the 15th of August...LOL imagine after the divi date..when there is an outstanding that has "officially" tippled (God knows what the outstanding is "inofficailly")..
From day one that this board was created by some former IBCX shareholders that knew that this was just a continuation of the scam, any new investor was warned to plug any money into this scam...who ever is losing his/her share...shame on themselves..
There are some former IBCX fellows on this board (different alias) who are probably trying to make some money back here, pretending that this is a possible traders/flippers opportunity..
THIS is a SCAM and NOTHING else...one can trade this?! ..SURE ..but just on a reversed cycle...buy over 1 cent sell at sub pennies..LOL kind of trading as well I guess?? Thanks liable and realest for still sticking around here to inform gullible people to stay away...that shows a rare, integrity of character...!!
That is quite a funny dream you have here...fine scenario...LOL
No curtain will ever open here..LOL
You remember that famous "Elvis ha left the building" LOL
apply Keith name to the above..LOL
Interesting defense you bring up on this "new" shell scam..
"That's not true, I don't think there's one person here that doesn't know that this restaurant was with IBAC Corporation"
True BUT the fact is that everybody on this board knows that IBAC was a scam because the previous shareholders of IBAC, who lost their money in that scam , have been the information source here!!!!
"I think if they were trying to hide this, they'd have changed the name of the restaurant holding company, changed the restaurant name, and quietly moved it into the new shell"
FACT is that the name op Prime Restaurant is deceiving , surely intentional, as there is a REAL Prime Restaurant corporation in Canada and hence this is a clear trademark "highjacking " to scam
gullible investors into believing that it is an international company doing business here!! LOL
"What's important to the future is the company purchasing another restaurant. We could consider that a breakout, wouldn't you agree?"
FACT..this will probably not happen, never happen..where would the money come from??? ONLY from diluting this scam with additional BILLIONS of shares !!!!!!
This company is just a money printing scam...the restaurants they
"bought" were out of business, closed for month before IBCX
supposedly "sold" them...LOL the 4 millions never showed up in any of IBCX records...!!!!!!! shareholders were scammed big time..and lots of legal activity going on against IBCX...This is a continuation of Hayter scam...with a new shell and the same, exactly the same scheme...!!!!!!!!
Dividend game all over again...and the poor suckers buying it will be hitting the fan...!!! sad story , that stuff like that can be going on and on ....you steal a loaf of bread in a supermarket and you go to jail ..you steal the money from gullible people in the stock market , millions of it, you get a way with it...no wonder that one of these days the financial sh...will hit the fan...once and for all...Chinese will rule..they execute their scamers...LOL
Same old con like the Ibac from Hayter..I take any bet that Hayter is still behind here...any bet...exactly the same pattern of scam like IBCX was...who or what is going to stop these scam artists...ghee I can not believe anybody is still falling into this same trap over and over again...LOL
the ones at 2.29pm and 2.30 pm then..good luck to you....guess 1400$ is nothing to lose sleep about.,..then again a few nice dinners...lol
How many shares did you buy yesterday at 0.014 ?? 50k 25k 5k 3k ??
I will wait until it hits 0.0001 again soon...LOL
yeah sure...you were the one that bought IBCX at 0.0001 and sold TSTX at 1.01...sure..what was the reverse split again??
you sure made a lot of money here already from 75 cents down to 2 cents..LOL...
LOL..yeah..sure you did...LOL
you are either a shameless liar or you are Ed Hayter...LOL
This is the exact same scam like IBCX was....they even take the same scam road with the same PRs...remember the 20 of March 06 PR?? here it is...
NEW YORK -- IBAC Corporation (PK:IBCX) announced that the company has held discussions to acquire eight additional steakhouses in the Notheastern part of The United States from two separate parties to be named at a later date.
The Steakhouses operate similar to the Outback/Lone Star Steak House operations and operate in the states of New York, Vermont, Massachusetts and Connecticut. The combined revenues represented by this potential acquisition would represent 18 to 21 Million Dollars per year in additional revenues to the company.
and here the last PR LOL
About: Prime Restaurants, Inc.
Prime Restaurants is a start-up restaurant holding company with an eye towards rapid expansion and revenue growth within the next 12 to 24 months. The company will focus only on major well-populated areas such as New York, Connecticut, New Jersey, Florida, Pennsylvania and North and South Carolina with locations that will generate a minimum of $2,000,000 per year at each location.
SAME PEOPLE running a new SCAM...a new front man-patsy - name...ALL THE SAME..what is going to stop them...
a bullet in the head.???? or finally the legal system???
either would be agreeable.....!!!!!
sure have a way to go..LOL 0.0001 will be the bottom..do not think we get any spike before we hit 0.001 ..
you know the history and it is just repeating itself again..amazing how easy it is to scam people again and again and again...with the same scheme...!!!!!!!!!!!!!!!!!!!!!
yes you are right...bottom play here..tried to add 100k more..no fill ..man MM's playing games again...probably keeping it down so the institutional fonds can add at these bottom prices...
did you read the news..?? expanding to the east coast...this is big time ...hope you are loaded up too...!!!!! good to have you on board scam patrol...
SAME SCAM STARTING AGAIN..LOL
Prime Restaurants, Inc. Announces Its New President & CEO and
Outlines the Company's Growth Plans Going Forward
Thursday July 12, 11:15 am ET
FT MYERS, FL--(MARKET WIRE)--Jul 12, 2007 -- Prime Restaurants (Other OTC:PRSU.PK - News) today announced that it has named its new President & CEO and will also discuss the company's growth strategy and plans going forward.
ADVERTISEMENT
The new President & CEO and Majority Shareholder is Mr. Cris Galo. "I would like to discuss some of the company's plans and objectives going forward, it is the intent of the company to build a multiple location restaurant operation along the eastern seaboard, thru acquisitions of existing well established locations and the construction of new locations that meets the company's criteria, while establishing a household known brand."
The company currently owns and operates The Sanibel - Palms Steakhouse in Ft Myers, Florida. That location was purchased for $ 1,800,000 and is well established for close to 10 years at the same location. The restaurant consistently generates operating revenues of between $ 1,800,000 and $ 2,100,000 per year. The facility has a full Bar/Lounge area, two banquet rooms that will accommodate all types of social gatherings and functions and will seat well over 100 in its dinning areas.
The current share structure of the company is 30,200,000 outstanding of which 24,236,802 are restricted for two years and in Mr. Galo's control, leaving 5,963,198 in the public float.
About: Prime Restaurants, Inc.
Prime Restaurants is a new start-up restaurant holding company with an eye towards rapid expansion and revenue growth within the next 12 to 24 months. The company will focus only on major well populated areas such as New York, Connecticut, New Jersey, Florida, Pennsylvania and North and South Carolina with locations that will generate a minimum of $ 2,000,000 per year at each location.
Here is an interesting quote..LOL
http://www.investorshub.com/boards/read_msg.asp?message_id=16544289
only 99.98 $ to go..LOL
Thanks for the education..LOL just wondering how your wonderful , pumped up, investment in ADNN is working out??
http://www.investorshub.com/boards/read_msg.asp?message_id=17970377
http://www.investorshub.com/boards/read_msg.asp?message_id=17023010
http://www.investorshub.com/boards/read_msg.asp?message_id=17023761
L O L !!!!!!!!!!!!!!!!!!!!!
LOL means lots of laughter...LMAO means laughing my ass off..Rofl means roll over floor laughing...
that is what the ex (paid) pumpers and ADNN management is doing now !! ROFL about the victims they scammed once again with their scam company ADNN...LOL...
LOL parantsgratae...bend over the "CEO" wants to give you some again...LOL...oh...I see you like it you are in the same game LOL
yeah..yeah..go and pump your buddies shitty scam ..LOL
NNLX has been officially pimped up to a SCAM alert..!!!
regards to your buddy "energysking" alias CEO of NNLX
http://www.investorshub.com/boards/read_msg.asp?message_id=20059788
OH...c'mon..LOL we are being screwed by the new mgt...LOL...
they are diluting the sh.... out of it now...
I told you so...very bad sign when a CEO posts on message boards...this is dead...stop pumping it up..its done over with...
Creede..that is about the same sh....like ADNN.....china pinky stinky..LOL...thanks for the "hint"....ghee...do not get people from a bad ...bad stock into another bad bad loser stock...
stuff that sh...up yours...a stock that has "china" in it...LOL is mostly a scam...and a stock that is restricted in online trading and has "china" in it...is most certainly...????
yes I still hold 120k....was in with 400k a few month ago....jumped at around 0.033 when I saw that there was no holding that level...and seemed to have massive dilution...
I was hoping that the dilution would have ended now..but with the new regdex , that is highly unlikely...
The real sad thing about the CEO is that he seemed to have done a real good job with getting rid of debt and the deal with Wells Fargo , the revamping of the production of the plastic business..it really looked good ...BUT unfortunatly he has turned to that Agro Pro sh..... yeah, yeah I know, biofuel..etc..man that is a long goner...that is no bloody secret anymore..it seems that the cost of getting into that business is far too hight for MLXO...in stead of doing such "high profile" stuff they should have concentrated on the plastic business...
The stockprice seems to agree with my opinion...down from 9 cent to 1.2 cents within a year...85%
HELP..has anybody trouble to log in to alphatrade as well...have had that for the 2nd time this week...!!
why would you think not..?? any reason for that..? thanks for the update...
Are we done here??? no bid or ask..no trading ..Regdex...
has the italian master screwed us all?? looks like it...
I thought you were done with me?? LOL
Another broken promise !!just like your friend Keith Dressel..LOL