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how anyone except the SEC sees it is immaterial. What is material is if they abide by the SEC guidelines, which clearly they did not.
That being said, it probably isnt a material event, since the company has no operations and it's sole business so far appears to be putting out Press releases. In my opinion, as always.
Taken from Treaty's 10-Q
We owned no oil and gas properties at December 31, 2009 or March 31, 2010
The accompanying financial statements have been prepared assuming that Treaty will continue as a going concern. As shown in these financial statements, we have had continuing negative cash flows from operations and working capital deficits and have no productive assets as of March 31, 2010. These conditions raise substantial doubt as to our ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if we are unable to continue as a going concern. Management intends to finance these deficits by making additional shareholder notes and seeking additional outside financing through either debt or sales of its common stock
what happens instantly, when the other party does not answer, is that the application for custodianship is allowed to move forward.
I believe no one gets paid to pump or bash. However, I believe they are, or are associated with minnie mouse.
I belive they are still here, since they still have shares.
real DD?? thats funny.. Go look it up yourself and you will see i am 100% correct, as usual, in all the minutes, the plaintiff was not represented, and therefor, minnie mouse won by default. Anyone can see that, only the pumpers try to dismiss that, since misinformation is the key to a pump.
You claim that they aren't pumping anything through I hub, Have you not read the posts on this board?
The court doesnt care what company goes into a shell. The Plaintiff has made a counterclaim for their company back. The court is recognizing that minnie mouse is only acting in their best interest, and not in the interest of shareholders, which is what the law intended. Thus, the courts are looking into matters much more, as evidenced by no decision rendered in this case. It is obvious to me that minnie mouse has attempted to 1- game the system by using the courts to assist them by posting public info on the courts website in pump and dump schemes, whereby minnie mouse and the rest of their crew frontrun their court filings with buying, them pumping the stock on ihub.
and 2- get shells on the cheap,
all in my opinion, which of course is expert, in my opinion.
The minutes for DIBZ are posted, and the only thing that happened in that case is that SA has been allowed to proceed with their application for custodianship.
those numbers are fictitious, there is NO WAY a short can be recognized until at least settlement date...
but the MINUTES in those cases...show up very soon after the first hearing and THAT shows that the suit was uncontested.. Hence, minnie mouse wins.
My take(opinion), Minnie mouse knows that they won't get the shell, or that it is worthless and want to pump it one last time to get their minnions out.
If you look at every other case decided in Minnie Mouse'd favor, MM's motion was granted IMMEDIATELY, since no one showed up for the defendant, and therefor, the Judge didnt have to read anything..
The fact that the mouse didnt get the cheese tells me that the case is being defended by the BK trustee. Looks like a big L in the loss column for Minnie Mouse.
a totally clean pink sheet shell costs 150k max..
If someone believed what is on the PBLS website when it was up, one would think they would learn not to rely on reading the website of those that would gain by your purchase of any securities.
would you want to prosper at the expense of others that are being scammed?
PBLS' officers and directors plundered each of those companies, took most if not all the cash, paid very few ,if any of the bills, and took the money for themselves, while all the time making false and misleading public announcements.
Its all there in the BK court documents.
In my opinion, of course, Ronny Boy.
they are/were criminals, in my opinion, and that of the courts, they NEVER had any intention of doing anything but using the publc shell as a vehicle to scam both investors and business partners.
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FACT: Every shell minnie mouse has won in clark county was because the plainitiff was not represented in court.
Minnie mouse gets the shell because it is uncontested, and an AUTOMATIC...
In my opinion, they cant win if the company even shows up in court.
Something is going amiss in this one for the shell thieves. In my opinion.
If you all do some DD, you will see that minnie mouse gets these shells IF there is no response from the plaintiff.
If there is no response the judge doesnt even look into the case, it is automatically granted.
this means either one of 2 things-
Either minnie mouse is full of it when they say that the judge is going through tons of files, it should have been automatic if uncontested.
or someone representing PBLS contacted the court and said... "ummm we already have a federally court appointed custodian, nice try though"
and that would belong to the creditors, not the shareholders of pbls.
whirl, no one can do a thing with PBLS until it is discharged from BK. If minnie mouse puta any asset in the shell, (assuming they win) it will belong to the creditors
whirl, ever hear the phrase , fool me once shame on you, fool me twice, etc etc?
PBLS can not be merged into anything.. The shell can not be cleaned.
It appears to me that PBLS already has a new custodian - a federal court appointed trustee.
the shell exists, as do all the liabilities within the shell .
I agree Alex, PBLS is a shell that can not be cleaned, or merged into at lease until PBLS is released from bankruptcy and all eyes will be on any entity that makes public statements otherwise.
great post Alex
The funny thing is that many of the long term PBLS shareholders have been in contact with the FBI re: fraudulent behavior of the officers and directors, concerning false and misleading PRs and earnings reports.. The Feds, in my opinion, have their eyes on this one to begin with, could be real interesting to see what happens when mice run into a hornets nest.
not one bit.. PBLS is a polluted, worthless shell.
Minnie mouse can win pbls in court. Big deal. Any asset that pbls owns or will own will be the property of PBLS' creditors... PBLS will still be in BK proceedings, the trustee will still be looking for assets to disperse to the creditors. Minnie mouse winning in court changes none of that.
you may ask the moderator for that document.
actually, there was nothing to liquidate, they are attemting to find the assets illegally taken by the "former" officers and directors..
In my opinion that is exactly why this one is being pumped so hard, since anyone with half a brain knows this is not a RM candidiate.
BTW rally, the minute minnie mouse puts a company into the PBLS shell, that company belongs to PBLS's creditors UNLESS the BK is finalized first.
pbls would first have to be released from BK, and that is NOT happening for a long time, since it appears that PBLS ran as a fraudlulent, if not criminal organization.. If minnie mouse gets the shell, and does a RM before the company is released from BK, the new PBLS will inherit all of PBLS's liabilities.
Interestingly enough, the new company, IF the preferred shares are not cancelled by the BK court (and only the BK court can do that) the new comapny will owe millions in principal and interest to people on this very board..
In my opinion of course,
How I see it....
There are 5 other minnie mouse lawsuits trying to get a shell on the cheap, yet no volume or posting on any of those stocks..
WHY?
Well, I think the pumpers realize that PBLS is indeed a dead, polluted shell, that can not be merged EVER.. and they are in full force trying to get themselves out of the shares they bought to do this pump and dump.. they are pumping hard, and dumping all the way up. They want out ASAP since they know that anyone who controls this stock will be brought into the BK proceedings.
The trustee is waiting for more assets to come into the pbls shell in order to take them for the creditors to have.
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Moderator. I see in the court documents that the final report on the PBLS BK will be completed until 12/31/2012, (not a typo, 2012) can you post this for all to see?
So Alex, do only the nay sayers post in their (not there) best interests, but not the yay sayers???
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MC.. it does not make sense.. trust me on this and if not ask chillar/jbl (L.) if I know what I'm talkin about
interesting that there are 5 other "minnie mouse" lawsuits, and not a single share traded in those, for the most part..
Shareholder Advocates, LLC vs. DIBZ International, Inc. 03/22/2010
Department 7 Other Civil Filings (Petition)
Open
A-10-612998-P Shareholder Advocates, LLC vs. Phoenix Associates Land Syndicate 03/29/2010
Department 10 Other Civil Filings (Petition)
Open
A-10-615399-P Shareholder Advocates, LLC vs. SIPP Industries, Inc. 04/29/2010
Department 2 Other Civil Filings (Petition)
Open
A-10-615401-P Shareholder Advocates, LLC vs. Sensor System Solutions, Inc. 04/29/2010
Department 17 Other Civil Filings (Petition)
Open
A-10-615403-P Shareholder Advocates, LLC vs. China Media1 Corp. 04/29/2010
Department 9 Other Civil Filings (Petition)
Open
A-10-615404-C Shareholder Advocates, LLC, Plaintiff(s) vs. 4D Seismic, Inc., Defendant(s) 04/29/2010
Department 21 Other Civil Filing
Open
interesting that there are 5 other "minnie mouse" lawsuits, and not a single share traded in those, for the most part..
Shareholder Advocates, LLC vs. DIBZ International, Inc. 03/22/2010
Department 7 Other Civil Filings (Petition)
Open
A-10-612998-P Shareholder Advocates, LLC vs. Phoenix Associates Land Syndicate 03/29/2010
Department 10 Other Civil Filings (Petition)
Open
A-10-615399-P Shareholder Advocates, LLC vs. SIPP Industries, Inc. 04/29/2010
Department 2 Other Civil Filings (Petition)
Open
A-10-615401-P Shareholder Advocates, LLC vs. Sensor System Solutions, Inc. 04/29/2010
Department 17 Other Civil Filings (Petition)
Open
A-10-615403-P Shareholder Advocates, LLC vs. China Media1 Corp. 04/29/2010
Department 9 Other Civil Filings (Petition)
Open
A-10-615404-C Shareholder Advocates, LLC, Plaintiff(s) vs. 4D Seismic, Inc., Defendant(s) 04/29/2010
Department 21 Other Civil Filing
Open
not to mention the $$$ owed to preferred shareholders, and if not part of the BK, the shell will continue to owe, i believe.
if minnie mouse gets custody, they would have to go through all that with the BK judge..
PBLS is a polluted shell, can't be cleaned, cant be merged, etc. this is just a pump in my opinion.