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Long time coming. Will the last person out please remember to lock the door and shut off the lights?
If you want to put your money on 00 you're much better off doing it on the roulette wheel at any casino in Las Vegas. This company has no money, no business, no CFO, no auditor and hasn't filed a financial statement yet this year. It's CEO had to disavow the YE 2014 financial statement. Come on people, if you're going to just roll the dice, do it in Vegas where the house only takes a small percentage.
It never was an MJ stock - just a PR stock. Go back and look at the PRs from last year about all the MJ deals. Every one of them was a scam.
SKYF business model=1 PR a year and no business. Don't hold your breath folks.
Time to buy turds? We already did that and look where its gotten us!
Now if only this was a marijuana stock! Marijuana PR with no business to back it up doesn't count.
Bought PMCM shares? Be sure to have them send you the actual stock certificates. They're really good to put down in the garage under your car so the oil leaks don't ruin the concrete.
"Stay tuned" = "soon" lol - at least he's using different words, now! We're making progress......or are we?
No bid inevitable. No business, no cash left (all used to pay our CEO and transferred to his other venture "Mullen Motors") and no financial filings since last year. Who in the world would buy this? LOL
SKYF reported to be in the Bermuda Triangle - Nobody every comes back from there!! But maybe "soon" - or maybe "forever"? Not looking good for SKYF!
What happened to "soon"?!! "Forever" is along way from "soon"!! lol.
What does PMCM manage? Our investment dollars, unfortunately. Although none of seems to be here: It apparently went into our CEO's pocket and into Mullen Motors - his latest scam.
Not the way this management operates. The only way this one will ever be a "big marijuana stock" is if we all print out our stock certificates and use them to roll nice big fat ones.
Maybe the top should be blank? Let's face it, its not a real estate development company, its not an entertainment company and it is definitely not an MJ company. Its not really an anything company. My vote is to make the intro to this board just blank space!! LOL
Problem here is all PR no action. This one has been working the PR bandwagon for over a year and always gets a little bump from the tease and then does nothing of substance to make anything happen. Nothing of substance will ever happen with this ticker until the CEO starts to walk the walk instead of just talking the talk.
Another creditor bailing before this hits trips and no bid. Get out while the getting is still possible, says another investor! Kinda funny when you do the math and see that this convertible debt guy slinked away with about $6,500! lol
Sorry - I forgot. "Soon" - right?
Which Holiday weekend? Which year?
Sorry, dude. We're all in the same boat - all except our esteemed CEO, David Michery. He's the only one who made any money in here. By the way - who left the lights on in here? The last person out was supposed to shut off the lights - even the pumpers have moved on - probably following DM over to Mullen Motors!! lol
Mullen Motors, anyone? DM moved $100k from PMCM to Mullen Motors and now is looking for people to sink some money there so he can keep taking down his $300k/yr salary. Strange that the SEC isn't paying any attention to this pattern of behavior.
Look for PMCMRRE shortly. The "E" means delinquent in SEC filings - "RRE" means really, really delinquent. Think about it - our CEO "withdrew" the 10K for 2014 because the auditor complained to the SEC....after two subsequent auditors were hired and then quit, our CEO announced that the 10Q which was due months ago would "be late." So far this year, there has been no 10k for 2014 and no 10Q for the 1st quarter. Just how delinquent can you get? Anybody betting on whether there will be a 10Q filed for the 2nd quarter? The quick answer is there can't be until they get a straight 10K filed for 2014 and a 10Q filed for the 1st qtr.
Wait - someone said 4 was a "good opportunity to buy." Why not wait for the 1s?
Thanks for the try, Stan. This is another way of saying "soon." See my previous posts on "soon."
Wow - you ARE new to this ticker! Go back and check the SEC filings - the 10K for 2014 was "withdrawn" a few months back because the company's auditor complained to the SEC! No 10Q has been filed for 1st quarter (even though its long overdue). How in the world could you even consider this a lotto? There is no business here - no revenues and only borrowings over the last 18 months that have all gone to fund the CEO's salary. Oh, almost forgot the $100,000 that PMCM's CEO caused this company to "lend" to Mullen Motors at no interest - that's the latest scam being touted by PMCM's CEO.
No one sells? Maybe no one is buying. That's a little more believable.
Ah...."soon." Back to the definition of "soon" are we? Sounds like May 2016 to me. Annual "updates" but no real activity towards a real business plan.
The CFO was fired! Hmmmmm. Our CEO, who loves PRs, didn't bother to issue a press release after filing the latest 8k with the SEC this week. Wonder why? Here's what he filed with the SEC:
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 17, 2015, Primco Management Inc. (the “Company”) requested the resignation of Steven Corso as the Company’s Chief Financial Officer, and Mr. Corso then tendered his resignation.
Let's see...three auditors have quit since April, our CEO "withdrew" the 2014 10K and hasn't filed the 10Q for the 1st quarter (which is long overdue) and now the CFO, Steven John Corso, was told to pack up his desk and get out. Anyone smell something fishy going on?
Any pumpers still left out there? Will whoever is left here please remember to turn out the lights when you leave? No point in locking the doors since there isn't anything of value that would be worth stealing.
Share structure won't mean a thing unless this company actually does some kind of business. Current filings and fluffy PRs may attract some wild-eyed dreamers, but ultimately management has to have a business that generates revenue for this stock to be anything but a wash, rinse, repeat play.
Actually, this stock was doomed long before the R/S. Go back and look at the PRs and SEC filings - our CEO never did any DD before committing hundreds of thousands of dollars of the money he borrowed to shaky or non-existent ventures. Every business that was ever mentioned in the PRs and SEC filings was either already dead or collapsed as soon as DM got involved. Horrible management killed this company - and greed, too. Still hard to fathom how DM could possibly justify paying himself $300k in 2014 while mismanaging this business so horribly. Moral of the story is never invest in any of these things until you've done your OWN DD and never rely on the PRs they fling out there to attract your dollars.
Actually, my mistake was believing PRs that were put out and filings that were made with the SEC. Of course you and I may be saying the same thing.
Only pattern here and at Skyf seems to be periodic vague announcements but no substance.
What IS the business model? Not much of substance.
Twitter, Schmitter. Actions speak louder than words. Ain't been no action so what do more words matter>
RIP PMCM. And adios to MY investment - should have known better, but live and learn.
Washington State has just made huge positive changes to the MJ space there - you'd think these guys would be working on getting in now just as the legal business side is poised to explode. Doesn't sound like there is any plan at all for the MJ space.
Why am I not surprised? You would think that after paying himself $300k for doing nothing last year (and we still don't know how much he's paid himself THIS year) our CEO could have the respect for his shareholders to throw a decent wake for the company he killed! Oh, well. Still waiting for the revised 10K that was withdrawn in April when the auditor complained about it to the SEC. Or, for that matter the 10Q which is way overdue. Do you think our CEO is embarrassed to have us all know how much he's sucked out in compensation during the 1st six months of this year? I'm betting it tops $150k.
Anybody know where the wake is being held? We might as well get together and have a drink to our CEO and the money HE made on this thing!
Is this the week for what? Nothing seems to be happening, so why should we expect anything at all this week? Wait - do you think "soon" means "soon"? lol
How about a pool on our CEO's compensation for the 1st six months of 2015? We know from the 10k which was filed and then withdrawn (because of the auditor's complaint to the SEC) that DM managed to borrow enough during the first 3 months of 2015 to pay himself at least another $100k. Of course, the 10Q is "late" and DM hasn't managed to get an amended 10K filed for 2014 - so we have nothing reliable that has been filed at all this year. I think we should have a pool on how much our CEO has paid himself during the 1st six months of this year. We know he managed to compensate himself over $300k in 2014 for mismanaging everything that PMCM tried to get into. Given the track record during these last six months, he must have paid himself at least half that again - no results ought to have been worth at least another $150K, don't you think?
Anyone else want to jump in? I'm taking $150k for Jan-June 2015.
TG - the website and the filings are known quantities: Everyone pretty much knows what needs to be done, the only question is when. Those things will be positive steps in the right direction. But what mystifies me is the vague references to the "MJ sector." Hard to fathom from either the PRs or any comments here just what it is that SKYF thinks its going to do in the MJ space. Are we talking Colorado, Washington, Oregon, Alaska? Surely SKYF isn't going to attempt to get into the growing business - way too capital intensive and fraught with regulatory problems. Land acquisitions? That seems the only feasible play at this point for this company.