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aka sirtemp0 EOM
Who's responsible for this mess? [grin] EOM
whirligig, best to not only check this board, 'caution to the wind', but RB as well. You'll find everyone here hunkered-down while throwing granades above the bunker.
As they say... this ain't Kansas, and you're mama doesn't clean up after anyone one here... hehehe
One thing you can count on regarding PBLS though, is that you'll at least get your three-cents worth no matter what happens.... if anything!
I still hold a few just in case!
Temp'
Asus, why? EOM Paul? POOPOO! [grin]
So are you or anyone else buying tomorrow? Please do as I want to get .03cents. Are you willing or anyone here willing to pay .03cents tomorrow?
No response.... just buy buy buy!!!
3-mil to sell at the open
Thanks to all for your DD, only it's time to move on.
Temp'
Thats all find and good, but where are the actual CONTRACTS with the Corp? Nada as of today, maybe tomorrow?
One would think that if approved, the Corp would be buying, but that isn't so unless PA is holding back news on this too.
Temp'
What is clear is what PA did to us behind our backs before, and we called him on it. Now, again he doesn't care and have left us COLD... out of the loop.
The news this am was a ploy IMO, one to get those who would think about selling, to possibly hold back knowing their shares at a later date [if things don't pan out in PA head] to at least get .03cents. That's all this was...
No, PA couldn'g come clean and tell us professionally through a PR that there are current acquisitions underway, which involve huge amounts of share/cash. It could have been done in a very professional manner, and not under the table as it was in the past. Now PA has done it again with no remorse! Worse, he's let his scape-goat Mike Mulshine tell the story... a story I bet would be different than what Ron Blackburn would tell.
This whole thing stinks to high-hades!
Public post in general and not to anyone specific....
It doesn't matter what Mike M>>> Pauly boy say's, as in he said she [mikey] said... it's all good according to Paul!
yeah it's all good!
I think I'll hold another 10 months....
Well I can see it's back to RB heading in reverse. Its usually here one can find interesting tidbits regarding both neg/pos posts regarding this 'gamble.pk'.
Everyone enjoy their lashing of digital teeth...
Temp'
OT: Meathead mthead... after reading all your statements, I must admit as someone who thinks PBLS is somewhat lopsided regarding how they run their business [I'm talking about me].
You definitely take the perverabl-cake in 'stupidity', bordering on a true-nut-case.
Take your unwarrented, unfounded, untruthful, lame excuse for being here as Jack Nicholson would say....
We're all stocked up here; go sell crazy somewhere else!
OT: I'll be heading to N.O. in August of this year for a month, helping those who still need assistance regarding the rebuilding. We have about 10,000 on average, even though parts of it are winding down. It will be interesting to work on areas in need while observing PBLS from what ever advantage I can get during the week/weekends. By August things should be shaping up regarding oil strikes, 10k [lets hope it happens then since we've been acquiring now], and other uncertain assets/liabilities unknown to us at this time. I feel guaranteed I'll make at least 100% profit for my year or so adventure... maybe more, but who here is greedy? hehehe
Temp'
OT: The next thing beyond this is a look-a-like ark, in which all things are possible as in a... floating city. What's next a floating State? Recently I boarded a vessel similar to what you've presented only the pro-boxing criteria was not part of the equation.
There are those who no longer read my posts in which being narrow-minded / personal slants take place of said reality, but that's ok, I'm always lurking. But couldn't help post here since I have a desire to one day partake in what you're posting about, and that is to experience the next 9th-wonder of the world... this ship!
As we await our fortune for what ever it's worth individually!
Temp'
back to lurking
hey Paul... not to worry, I won't say anything negative bout the company in which I have heavly invested in, and still am!
Go Taylor!
you don't have to ignore me because I'm sick and tired of those who want to 'tear-off' segments of my post. You see guys it's ike this... when someone say's something about the way a CEO is not handling a public company the way it should be run 'my opinion', then expects every post from thereon to be negative.... YOu as in those here, take what they want out of the entire post and make it their own.
Some of you are a very sick sick bunch.....
OUT!
the hades with this crap!
Cautiously optimistic... EOM
If we get a 10k that is even in values, that is both positive and negative, and the O/S --- Float are what investors expect within 500mil or so. If PBLS spent a reasonable amount on acquisition up front, that is cash/stock. If everything is out on the table [just because it's a 10k --- doesn't mean everything has been revealed], I believe we are a .25cent stock.
But, it takes a public entity guru [a strong CFO with many years of public entity service] to know what to file. If you have attorney's handle this, monthly auditors... or outsource regarding all SEC filings, it will cost a bundle. This is another reason why PBLS needs someone with loads of experience as PBLS builds assets and insider trust.
Until I see PA announce through an 8k, he's hired a reputable CFO, and his wife [whom is solely trusted] is out playing bridge with the wifes of rich CEO's.
Until I see a boardmember of substance and CFO as mentioned, this company will be a mere shadow of long term strategic investors who find out about PBLS once we are OTC. A company can have 5 billion in assets, but without the members to create a long term strategy, penny's is where we will play.
No longer will savvy investors [Serious OTC Playes] look at assets as we do, they'll scritinize the entire management staff, thus playing off their weaknesses or play off their strengths. One day I prefer strength's over a weak management team.
So, what part is management to future shareholders once we get off the pink sheets? I'd say about 50%! Someone hears that a dude from NO has his wife for a CFO, look out! What wife wouldn't in the future fudge for her husband? What CFO from a variety of public service backgrounds would follow the CEO to jail? None... or at least far far less than a hushand-wife team. This is what I've been trying to tell you guys, that a hushand-wife CEO/CFO team doesn't bode well for new investors [those that invest in stocks above 'pinks]'.
So don't be stupid [just anyone reading this in general] and think I'm calling his wife someone who would lie for him, I'm not. But all get the point as we await to see how well PA takes changes which must be made.
Cheers,
temp'
It's an interesting thing comparing NDOL to PBLS, and on the bright side too we don't have to shell out a million or so for management. But if you want to view what management should look like [at least in a small comparison] see what NDOL has to offer, then cut that maybe in half, and you've got something to work with.
Once PBLS goes after a reputable CFO, those inline to step forward [invest] once we are looked upon as SEC compliant, this is key to the building of a successful team in which others will one day take PA serious.
http://nordoil.com/our_team.asp [or any other management team one cares to compare].
If PBLS buy's back a few million dollars worth in stock [as some here have mentioned PA spent]. He can surely start to think about building a successful management team. Until then we can only hope PBLS is looked upon as a seriouls Oil/Gas contender.
PA is a true entrepreneur, but now it's time for him to step up to the plate, and hire a team which will provide stability beyond the walls of "pebbles".
Temp'
We are dipped in that with the next few months ahead, news pending on a number of subjects, this is the dip! No reason to suspect anything else.
.03 is the dipster
Temp'
How does someone stating they would leave the company if the TA is ungaged have to do with common sense? Does he have a back-pocket to PA? What is going on here guys?
I think for the most part everyone here is sensible, but for the love of dogs.... what is it with a few of you?
Temp'
What does that have to do with someone stating they would leave the company if PA ungaged the TA? Did you read his statement or what? That is totally NUTS!!!!!!!!!!!!!!!!
What do we have here, good ol boy's who stick together no matter if things make sense or what? This kind of 'togetherness' is totally uncalled for!
Temp'
You said: "If he does I am out!". That is the strangest comment I've seen yet regarding a public entity.
EOM
To think PBLS put up 2mil [open market] is to say PA is stupid. I never said that, they no doubt purchased many shares below market value, and remember, the stock was much less when they started the purchase. Why would PA put out 2mil when no doubt he didn't or doesn't have too. I read posts where 2mil was wonderful.. as in "set numbers". When in fact if you read the PR correctly, the average for PBLS to buyback would be less. Besides, they did purchase a set amount from one individual investor; or didn't you know that?
Your comments are well taken, but to day PA handled a shareholder while you were there as objective? When your in the room? hmmmm
Temp'
I know the company... yes EOM
Removing the gag doesn't bother me, it'll come, I"m only talking about new investors who see the buyback but can't compare apples to apples. Evidently PA didn't want this thing to rise that much, otherwise he should have known that if he wants new investors, new investors need basic's to stick around.
Let's see what this next PR brings as numbers float around regarding the acquisition. I would bet there's going to be more speculation regarding what exactly happened, just like the new investor who read yesterday's PR and doesn't understand the logic behind PA's T/A gag.
The reason why we don't rise to a value of what the companies worth, is PA's somewhat unknownly, drowns himself everytime he puts out a release.
Temp'
Ok pgeorge, but, buyback from what? How many out at thispoint, and once a NEW investor see's the T/A is gagged, now what? It's not about the 110mil, but the 110 from what? We don't know the what? So you can't divide anything into the WHAT to get an answer? Do you understand the words coming outta my mouth? {grin}
That is the first thing everyone looks at before investing in a penny stock.
What's the what so I can see the final WHAT!
Temp'
Lets make this just as simple as possible so even a 10-year old can understand it. Someone just see's a PR regarding a 110mil share buyback. Someone new that has never invested in this company, but, knows that if the 110mil is what they see first, and understand it to be a 'buyback', what are they next to logically think? Anyone want to guess?
Simplicity says: Ok, that's good news, but what of the 110mil are we talking about? Anyone? Float? Anyone Outstanding? Anyone?
You see there boys and girls, what is it to send out a PR of a buyback, when no one knows from WHAT a buyback is coming from?
How stuipd is that?
Done for the day.... cheese anyone?
Temp'
So how is this not logical?
Pan says:
"Fact: 250 into 887 gives a revenue number per share at 28 cents".
Question: why if these numbers are correct... wouldn't PA announce the O/S at the same time he gives us $250mil rev's and a buyback of 110mil?
What a perfect time to let investors [who are still skeptical of why PA gaged the T/A] to give us three equations.
Rev's $250mil
Outstanding ?
Which gives us....._____
You see the fact is I've never bashed the company as an entity, it's always been the way PA presents himself and the company PUBICALLY! His personal way of doing business is and will be successful, I've stated that. But is PUBLIC DISPLAY [secretive non-transparent] is POO POO and more than most savvy investors can handle.
PA doesn't think things through before a PR regarding how investors see he's presenting his company PUBICALLY!
This last PR was a great time for PA to come clean on what he's been hiding for sometime. Once he comes clean will investors who are trying to figure out the OS/Float, invest? I'd give it about a 50/50 chance!
Temp'
the problem is with some people on this board is that they're marriage to PA reminds me of a whipping post, not good!
That's fine Paul, go ahead and 'speculate' on who that might be, but it's not me, and if your interested, I'll let you see my ameritrade account. Not one nar-share have I sold, only gave sis 200k, in which she is holding too sell at .15.
So who's the obvious "someone"?
Temp'
Too most savvy investors, a buyback gives testimony of a sound company, but where are the facts regarding the other millions noto going to the buyback? Has PBLS over-extended itself to those who don't know and are unaware of [non transparent]facts regarding tons and tons of goods leaving in trucks every day? Or are they only privvy to relationships and other non-essential 'chatter' within each PR?
I say pooooey on what PA gives us, and this is why we don't continue to have LONGS>>> after a great PR.
NontransparentPA=poopoo
Temp'
Hey Pan, how many do you think know these figures? 20% of those invested? How many of the 56million traded so far from yesterday including today at this time, 5%? The facts are PA gives inquiring minds 1/10 of what they need to make an informed decision, and on top of that... delivers the goods through a 'choked' and less meaningful channel, www.marketwire.com.
Flippers bought yesterday, sold yesterday and today, with I doubt, 10% of the total 55mil going long. Why would they, PA hasn't given them a reason too!
So we wait un-patiently for the 10k.
Temp'
Where ya been hiding R? EOM
Correction noted, I did refer to 2mil above the shoulders, and on my desktop calculator, but... not on print.
I'm still amazed at the numbers, so that said, I'll await the 10k too see how PA did it. But I believe we'll find they spent less than 1-mil on the buyback, as there is no way PBLS could afford 2 million in cash right now with current neg/acquisitions
Somewhere between 800k to 1.2mil, so it's interesting the street doesn't have a clue, and PA of course didn't announce it now.
Temp'
Here's a perfect example of what happens when you switch from Marketwire to Businesswire. I'm not going to explain all about RSHN, that's off topic, but notice first, the news:
http://finance.yahoo.com/q?s=RSHN.PK
then notice the chart:
http://quotes.freerealtime.com/dl/frt/C?SA=quotes%7CChart&IM=quotes&symbol=RSHN&type=Cha...
The news before the switch to Businesswire was good, and pretty much in line with news up until now. No numbers, just sizzle abotu what could be. Major interest from companies, no numbers, etc. But when you see the charts, and after the switch, the exposure is quite significiant.
Market wire is what it is.... Market. Businesswire is what it is... Business. A company spending $200k+ with no debt to buy back 110mil shares when we know very littel about "total rev's" is unheard of. So, shouldn't that be something fit for no only the local market, but everyone including those who own the kitchen sink?
Nuff said
temp'
ps... no the switch from market to business didn't gather 100% new blood, but it did however have an impact overseas and in areas not hit by marketwire.
Ron knows... EOM
Regarding news, I usually give it my 3-day rule, that is by friday we should see all the upswing this bit of news has to offer. Unfortunately again, PA decided not to use PR or Business Wire, which follows normal business procedures with important news like this. Marketwire is usually left for marketing plans, reconstruction updates. etc... So that is again unfortunate PA can't spend the extra $500 or so getting this news out to everyone. I suppose he feels Marketwire does this, but in reality, it's about a 4 on a scale of 10, with PR at the very top.
This way with Marketwire it takes longer to get to everyone, then when it does, those who have a very short attention span, see a leveling off or drop with very little profit, and the churn and burn begins again.
Who knows how much more we'd be up given a international presense with PR, maybe only 1/2 penny, but it makes good business sense that if you're paying $200k + to buyback company stock, you'd want everyone to hear about it from China to the middle east. Marketwire doesn't get you 1/3 of that, including exclusion from e-trade and ameritrade, and I'm assuming others.
Temp'
Paul, I'm suprised PA actually spent that kind of money to buy back 110mil, I heard from good sources they were buying back quite a bit from a few individuals. The 10k will spell this out in time. This is great news, but I think [not including the PR now...] that a 1/2 penny rise on 40mil shares is a bit disturbing. It could be the MM's don't quite have a handle on how many shares are actually out there, or, the O/S is much higher than we expected. I don't see the O/S being higher than 650mil before the buyback. Time will tell within the next few weeks, and especially short term [tommorrow] after the recount this evening... on whether they are fudging a bit and are now caught short. We may see a steep rise tomorrow a.m., and if so, that lets us know they didn't have a clue before the news hit.
I'm not shocked PBLS has the cash to spend over $200k, but I am shocked PA spent that much as some here are.
I am however again disappointed in the 1/2 or so penny rise, so I'm thinking before the own tomorrow, we may see a penny or so take off....
Temp'
No, but when I'm ready to sell I'll let everyone know, that way when the stock rises or falls, maybe there are those here who would like to say "I told you so". If I sell at a higher price, and the stock dumps after that, do you think I'd come back on and say I told you so. Or why didn't you sell?
I'm not like that
I have brought up some interesting points, and yes they are negative yet constructive, so let's leave it at that.
We are all somewhat or more-so disappointed in PA's past performance in whatever manner that may be, so for me to come on and say how I'm disgusted with a SHM before the 10k, most here question that too even though they won't say.
I don't have $110,000.00 dollars in this stock for nothing Paul ol'boy; can you say that?
Best.. as we all wait it out!
Temp'
ps... when I sell, it won't be so that by selling it brings the pps down, it'll be on an extremely up day, millions and millions of shares traded, and none here will feel the pinch.
I'll make one last post here, to agree that given the amount of cash spent, slower growth in oil wells, the 10k will more than likely suggest those here who are long, will need to not only hold 6 months [my time so far], but an additional year or so given the nature of drilling and recovering expenses once oil is found. I've posted enough in what most consider a [negative] catagory, and your thoughts also reflect something to think about as we head into the next few months.
I unfortunately agree with you... but lets hope for the best, as I don't even want to consider holding at these prices for another year. I would consider holding if we could hold above .10cents by the end of June, but.... We'll See!
Temp'
By the way Newbie.... I've probably called 50 ceo's since 92, and met with about 1/4 of those... have you?
Newbie?
temp'
Interesting; why would PA have a SHM after the 10k was announced. If he did, there'd be way to many 'serious' questions to answer regarding what WAS in the 10k. This way PA scoots/skirts by... knowing many questions will arise once the 10k is released. For the most part, we won't get answers too what we find. But we must remember, PA is so smart about his business, what should be questionable for shareholders, won't be unless you're willing to take-it-on-the-chin, by asking hard questions each time you call. I'd like too see this gutless but somewhat likeable CEO answer [what will no doubt be] serious questions which will arise... once the 10k is released. But, again, PA's smart enough to have the meeting right before the 10k is rleased.
Unfortunately there won't be a serious list of questions to ask, because for one.. we haven't been told anything in which to glean questions from, and two... a 10k? What is that? Oh yeah, that's the thing in which we'll have dozens of questions, but no way in which to have answers unless there are those who call PA and ask one-question, impute here, then ask again, and impute a few weeks later. The thing is guys... PA will always have us guessing as to what is really going on. He seems to like it what way!
Oh well.....
Temp'
Yes'm_master 0:) EOM