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Got a small position in PMCL today.
http://stockcharts.com/h-sc/ui?s=PMCL&p=D&b=5&g=0&id=p86089322628&a=100325076&am...
OK haven't been following the board.
Oh, are you saying the state will give the A/S?
Does somebody have the TA's number? The number on the board info is for the state of DE.
lol...I only have a small position here.
Has the share structure here been verified? Seems like a small Float and O/S. TIA
Dcbass, I don't doubt any of that or anything that you have posted. I would like Plant to produce audited financials that prove revenue and share structure.
Whatever Todd you read it wrong since he just said that he meant it the way I took it.
Look at his post he meant what I said.
I think that is what he is saying. That the money didn't show up as assets. If the net profit wasn't put in assets then it should have been in cash. It can't disappear it has to go somewhere. At least that is how I read the post.
The guy probably just screwed up but he told me on the 5th of Feb they were retained on the 2nd of Feb. That is a fact. Which is why Liquid's post didn't sit well. Haven't been able to get in touch with him since. I guess if he is gagged Liquid could have misunderstood his response as meaning he isn't doing the audit.
Don't talk. Estimate has to be in good faith.
True but if he diluted priot to 1/22 it would be fraud since the numbers are on the website.
No if you sold 20 million shares to me the volume would be 20 million and the shares that changed hands would also be 20 million.
I thought he said he had other content deals too. Do we have an expected timeframe?
Actually Matt put my repost of it back up.
Plane I don't understand him. He is on the record all over the place so if he lied he's going to jail. Doesn't make sense maybe he didn't think he'd get caught? If the audited numbers aren't done then he needs to tell us why. If they are done and he's holding them until we are on the pinks then he needs to tell us that. He also needs to give us guidance on when we will get on the pinks in the form of a PR not leaks.
If this turns out to be a fraud and the high profile advertising was really used to sell shares then it seems likely that all of the leaks seemingly coming from PLANT could also have been to keep the price up while he sold shares.
He should be communicating to us now in the form of PR's on what he is doing to fix this. I hope he is legitimate and only time will tell but his actions and inactions are suspect.
My guess is it was paid for months ago when we were on the pinks.
I would not throw another penny at it either at this time.
Thanks. I think...lol
Sea, You make some interesting points but Plant has to produce audited financials because he said he had them and promised to do so in the video.
OK thanks.
Can anybody go?
I am assuming this was deleted by accident so I am re-posting.
Posted by: smartmoney77
In reply to: brentjanice who wrote msg# 69545 Date:3/11/2007 12:38:04 PM
Post #of 69617
Brent, I take full responsibility for my actions and quite frankly understand market capitalism more then most.
Yes this was a speculative stock, however, that speculative nature does not include fraud. I sell stocks for a profit and I sell them for a loss but like most I got caught in a suspension so that option didn't exist and now I am looking at losses that I will not tolerate.
Government mainly exists to protect people from force and fraud. We are dealing with a potential fraud on the part of Plant. Each day that goes by looks worse as we are given no guidance on why we haven't received audited financials.
In this incriminating video Plant says 2006 and 2005 have been audited and that 2004 was being reviewed to be sent to the accountant. The timeline that Plant gives is 30-60 days which would have been Feb 20th.
(People should make copies of this)
Seabie, I do not know the nature of the FBI investigation although I heard early last week that there was one and am trying to find out more and verify it. With the type of business that CKYS is in there are many layers of operations and people that can be looked at. My hope is that Plant is not involved. Do you know the nature of it?
Smartmoney77
I agree with that. Although no offense to Liquid but I don't take Liquid's post to heart, never did.
Seabie, I myself am not convicting Plant of anything. I hope that he is not guilty of fraud. You are right that we know they have products that they are buying and selling etc and are conducting business activities.
The problem however is that we don't know the real revenues and profits and share structure until we see audited financials.
Without that it is all based on Plant's word. I am only saying that he produce what he says he has in this video.
I hope Plant delivers only time will tell.
OK thanks.
Who is Bull-Bear?
Thanks as well this helps me.
Guess the market was expecting a big movie studio name but this is sinking in.
Thanks
I'm a bozzo. Explain the significance here? WHy is this so good? Obviously it is good but lay it out please. I was expecting a big name studio. I'm not questioning what you are saying just asking for a clear picture if you wouldn't mind.
What do you think of RLTR's action? Do you think it will retrace or hold the .14s?
What is your point? I was conveying what my broker said. There was nothing to debate since I was relaying information. I added my opinion that we go on the greys briefly even though the broker said he thought we'd go right on the pinks.
At this point the audit is everything. I don't see anything else that will fix this.
Birds,
I spoke to Mike at Greentree on the 5th of Feb. He told me that he had just been retained on the 2nd by CKYS and had not yet received the trial balances. That is a fact and anybody that knows me on this board knows I don't make stuff up.
Now if what Liquid says is true then CKYS has either bounced the check or stopped payment. At the very best they paid him and haven't given him the paperwork yet.
If what Liquid says is true then Plant has a lot of explaining to do.
Smartmoney77
He posted that Mike at Greentree said he isn't doing anything for CKYS.
I spoke with Mike at Green Tree on Feb 5th the first day of the suspension and he got his retainer from CKYS on the 2nd. I have not been able to get him on the phone since. Even when trying to get through the phone systems back door it sounded like someone just picked up the phone and hung up.
I can only guess that CKYS either bounced the check or stopped payment if what Liquid says is true.
Either case is bad unless for some unexplained reason they decided to change accountants. Plant needs to explain himself very quickly. He is on video saying 2006 and 2005 are already audited and that 2004 is done and almost ready to go to the accountant.