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Well, we have a bid and ask this morning...Level II shows two mm's at .0001 bid and one mm at .0003 ask. Looks like Etrade still isn't allowing online orders though.
Uncle Gerry,
Looks like you extended the promresources.com domain today for another year....Good to know that you and Davey have nothing better to do than read this board. Don't you have some financial reports to fabricate?
Creation date: 04 Oct 2006 16:59:19
Expiration date: 04 Oct 2012 16:59:19
I guess the process of determining starting price between the market maker and FINRA takes longer than we thought?
Uncle Gerry,
I just wanted to let you know that you let promresources.com website expire. I guess five years of the ticker symbol PRMO was enough for you to make millions. Thanks for all the lies.
Creation date: 04 Oct 2006 16:59:19
Expiration date: 04 Oct 2011 16:59:19
I say its a greater possibility that Uncle Gerry lied about the gold in Madagascar back in 2006 than political changes being the issue. Wouldn't you agree, DC?
Looks like a filing with state of Florida happened yesterday...
http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=P01000117523&inq_came_from=NAMFWD&cor_web_names_seq_number=0003&names_name_ind=N&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=GOLDCOASTMINING&names_filing_type=
Any idea on how long that takes?
Doesn't look like we'll trade today...No bid/ask showing.
Uncle Gerry and Dror already used that excuse a couple of years ago when gold was at $1000/oz, saying they were waiting for $1500/oz...I'm sure Uncle Gerry and Davey can come up with a new lie, I mean excuse, why they aren't selling their stockpile of gold. All imo.
My guess is they messed up the report and the AS is still 20.5 billion...I think they would need to file an amendment to the state of Florida if they change the authorized shares.
bay, you were right...Q3 is up. OS remains unchanged as of March 31st.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=56542
Problem is that the last report was for Q2, which ran through Dec. 31, 2010....Since then NITE alone has traded 3.6 billion shares.
Should be interesting to see what we open at when we do trade again...If I remember right we were trading at .0003/.0004 when this stopped trading on the pink sheets.
Stop sign back up....Thanks Dror and Uncle Gerry.
http://www.otcmarkets.com/stock/prmo/quote
LOL...First Go Karts and now blood pressure monitors. Oh my.
Hope you are right, but it certainly doesn't look good. I wonder if Chin would still consider selling the DBYC entity.
DC, It's fairly obvious that you know the Sklars....And I'm sure you know that Gerald Sklar told early investors that PRMO had 5000kg back in 2006. Well, 5 years later, do you honestly believe that they have 5000kg? Do you honestly believe that Dror would spend so much time with his private businesses if he had that quantity? It doesn't take a brain surgeon to realize that the Madagascar stories years ago were all lies...The only hope of this thing getting above .0002 again is that the Ghana story is partially real. All imo.
Kura, the filings are unaudited and they only have pink sheet status, not OTC...We really can't be sure if they are lying or truthful in the reports. The scam part of PRMO is really that the people running the show could care less about the stock price, and only use the stock to trade, raise money, and make money through their personal accounts. In this sense they line their pocket by both the stock and whatever "small mining/buying gold from villagers" operation they have in Ghana. They do not care one iota of raising the stock price. All they want is for people to believe in the gold story, so they buy stock. The people running the show (Gerald Sklar and Dror Moradov) have been doing the "Pinkie" story for years on end, and are very smart in not getting caught. Read how they PR things...They are mostly so vague that they don't get caught in lies. I don't doubt that Dror has got an operation going in Ghana, but I do doubt that they will ever share any of it with you by raising the stock price. Think about this....If they had all this gold, don't you think someone in Asia would know about it, and we wouldn't be seeing .0001/.0002 with a billion shares on the ask? All imo.
I wonder if Chin regrets not selling out his stake in DBYC back in 2008 when that company offered around .001 for the shares....Seems as if he has spent far more time and money than he imagined, and still hasn't got it trading again.
Well its kind of funny that you say that PRMO bought gold bearing material from villagers, because Sklar was telling people they mined the gold back then in Madagascar...Even during the change from ABFG to PRMO, they put the PRMO website up talking about mining in different locations in Madagascar. DC, how come Sklar lies so much?
Uncle Gerry, Do you remember when one of your BS excuses for not selling gold was waiting for gold to hit $1500? Can you get through a day without lying your A%$ off?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36958115
$80 million in a vault??...LOL Do you really think that Uncle Gerry would still be working if that was true?
Looks like Uncle Gerry is loading his offshore accounts with shares so he can sell at .0002 again...Same cycle repeated over and over.
I can't believe that Chin spent two years getting approval for OTC board, finally gets it, and then we are sitting over 4 months later with no hint of trading again...Unreal.
How can Uncle Gerry and Dror "rebuild" credibility when they never had any in the first place? All imo.
Then do you really expect anything to change here with Gerald running the show?
What we really need is new management. Dror and Sklar will continue to do what they've always done, which is line their own pockets.
That's the exact problem I see with these guys. They say they got $16 million in inventory, and now they are advertising that they are able to produce 250kg a month. So if they are able to produce moving forward, why not sell what you have currently to both increase your cash and reduce the OS?
spidy, What page are you seeing the 10.5 billion AS? On page 4, I see authorized at 20.5 billion still, and issued and outstanding at 8.4+ billion. Needless to say, I'm surprised that the OS hasn't changed since 2009.
How do we get Gerry Sklar to stop selling?
The problem with hoping for the quarterly report soon is that Dror already stated that they held off selling in Q2 for tax reasons...So I would expect that if he does release one, there won't be any sales on it. Then you are looking at the April/May timeframe for Q3 report...Since it's almost the end of PRMO's Q3 and we've had no PR's on gold sales, it isn't looking pretty for Q3 either. All imo.
It all depends on where you sit...This has been a great vehicle over many years for the Sklar family to make quick money. IMO.
What has exactly changed in the last two years as compared to 2006-2007, DC?
I see the same old lame PR's.
I see the same old AS increases.
I see the same old dilution.
And most importantly, we still have absolutely no details on MINING?
All I see is the same old BS from Uncle Gerry and Dror.
Maybe you can explain to everyone here how Dror is able to mine in Madagascar when there was an arrest warrant out for him back in the ABFG days?
Who's Tony?
Has anyone been in contact with Chin recently? Seems as if we would be pretty close to trading again since its been 12 weeks now.
Hard to take a million dollars in a day in the pinkie world...But if you add up all the years, that's a different story. All imo.
Because Uncle Gerry and Dror don't care what the stock price is at...They will dump at whatever price they can get on any given day. All imo.
Transfer Agent is gagged.
LMAO...I like how you think. Somehow I can't see Gerald and Dror giving up one of their stocks. Isn't this the only way they make their money--By selling a story to sell stock for their own pockets? All imo.