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Pedro had no position other then being CEO for a few months and while he was CEO he put out a list of things he would do and he did everyone of them. He has basically been a shareholder. MT was making up crap on a daily basis. Pedro got dupped by MT as well. He thought MT was a good honest guy so Pedro was backing him. Again and this is my opinion I beleive Pedro had bigger fish to fry and I am saying this as a very large shareholder of this company for over 3 years now. I have been scammed by these idiots. I had almost daily communications with MT and Theresa and some email communications with Pedro. You obviously see it different then I do you may have delt with Pedro personally but I guess in the long run it does not matter what all of the facts are. All I know is that I am out 120K and I am still waiting for my certs to be returned like all of the others that got scammed.
I will disagree with both of your posts but again I have a hard time defending Pedro. My point has always been MT was at the helm of the lies and fraud. He is the one that was talking to the investors and he was CEO of the fake exchange and PNMS for alot longer then Pedro.
I don't like defending Pedro but according to a shareholder that I know who has met with pedro at his home Pedro is very wealthy and has very good ties politically in Panama,Costa Rica and Cuba. Could the simple answer for Pedro be the guy just had bigger fish to fry then dealing with a stinky pinky. Other then being a large shareholder and CEO for a few months Pedro has not been involved with PNMS very much. IMO everything falls on MT and Theresa (99% of it). Those two were the day to day op of deception. These two were the ones cashing in and selling their shares while pumping. These two were the ones lying though their teeth everyday to support their own house payments.
Problem is with all of these services being offered they still can't make any money.
Looks like the R/S has gone through but still not showing with the brokers. As far as the certs go we were told that as soon as the R/S was done we would receive our certs back "Immediately". Maybe MT is running the show here again. I have not heard of anyone receiving their certs back!!
PEDRO? Where have you been? PEDRO is gone. Not the CEO, on BOD or even a shareholder anymore.
Nothing holding this up but speculation. You will continue to see this thing trend lower until management puts out some number. I am a buyer but not at this price.
You know as well as I do that projections for pinks are usually daydreams. I have seen plenty of projections that never even came close. For example, PNMS.PK 2 years ago PR'd a projected profit of almost 300 Million in 2 years. The 2 years went by and they have nothing, no money, no business. CKYS.PK did the same thing their CEO was lying about everything. IMO only about 10% of pinks have any chance at all. I am not saying that GRDO isn't making money or they are a scam but they are sure showing signs of not being straight up.
I agree with your points regarding identity theft but GRDO is a very small company. We still do not know how many customers they have, burn rate or if they have any money. Not sure the PPS is justified. Usually what I have seen with small pinks that do not release their numbers is that management are paying themselves huge dollars. But bottom line is that if this company had good numbers they would release them don't you think?
Just MT buying again!!
Yes pedro paid 2 cents per share for a stock that was trading at .001-.002. Sounds like the MT investor plan!!!! IMO all of this crap was made up.
80 million?
I here MT is working on it!!!!!!!!!
Do you mean .0001-.0003?
How many new website and website layouts have we seen the last few years?
Pedro show us the $$$$$$$$$$$$$. No more restrictions. Without boundries as you put it!!!!!!!!
So your saying there is still a chance!!!!
Show me the Money!!!!!!!!!!
No, soon to be his prision number.
They either show us the money or they are history. No one will buy this crap if there is no proof assets and income.
No this is another one of MT's fairytails.
Bottom line is this will be a new company soon. No Pedro No MT. The past will be history as long as they can show proof of income and proof of assets
Agreed
Agree 100% and this has always been my position with Pedro. He put out a list of the things he wanted to do as CEO and he did them. Did it make a difference, no not for the PPS but maybe for some credability on his part. MT on the other hand NEVER did anything but lie to everyone to pad his own pocket.
Letting the corp registration to go into default is a common thing. It's a $10-$20 fee in most states to re-register a corp. I have 2 corps and I usually forget to do this every year. Even if I am a day late they show it in default.
Pedro did more in the few months he was CEO then MT ever did in the few years he was CEO. If you look at what he set out to accomplish he did everyone of those things. Did it matter? NO. The only things that matters with the pink's is bringing value to the shareholders. Pedro reorganised the officers and retired 4 Billion shares and a few other things but none of these thing helped the PPS.
Pedro is no longer the CEO or on the BOD. He didn't do anything anyway.
To high. Nothing to keep this up. No numbers yet released by the company. Nobody knows what this is worth yet.IMO we will continue to see this drop. But I will be buying soon but not here. Huge potentail but alot of risk in this one.
Would not doubt it.
Agreed. My concern though right now is more dilution. We have been told that the upcoming R/S was going to be a 10-1 split. In the papers filed in NV it shows the A/S going from 6 billion to 1.5 billion. 10-1 should make the new A/S 600 million.
OK!!
Saw that but I guess they have not put a date on it yet!!
Sold but looking to by more at the right price.
So you agree with me?
I have said all along that unless these guys release some numbers that this was a fabricated run. How do you know what this is worth?
The DOG IS DEAD!!!! Back to trips soon. I hope you sold all of your shrares and made a profit. You can buy back soon for cheap!!!
I still have no idea where this LINE OF CREDIT idea ever came from. The company( MT & Pedro) have always claimed this as revs and released this info in their fins. It is not a line of credit as some have suggested but rather a line of made up CRAP!!!
A/S has been 6 Billion for almost 2 years. Bottom line here is we need good credible, verifible news for this thing to go anywhere. A R/S without HUGE news will cause a massive selloff IMO.
Action Type: Amendment
Document Number: 20080144522-38 # of Pages: 1
File Date: 2/27/2008 Effective Date:
Previous Stock Value: Par Value Shares: 10,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 10,000,000.00 New Stock Value: Par Value Shares: 6,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 6,000,000.00
Not sure where you are getting your numbers. A/S is 6 billion soon to be 1.5 Billion. Also, many of the O/S shares are not tradable. PPS always drops on R/S Period. Unless the company is releasing audited fins for the past 2-3 years and they are good. IMO though we will see at least a 50% drop in value post R/S.
PS. Never trade pinks on fundamentals!!!