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Jim, I agree with you, there was a big mess to clean up, after all this, but I believe that the company will be able to recover from it just fine, and now with honest people in place, they will be able to move forward, and will do so, and has already started, with these people out of the way, the company will grow, and become the company that most of us want it to be.
What makes you believe GAGO, call the attorney then.
And no, I do not get compensated by anyone, I am only an investor, that is it.
I do not work for the company any more, I am only an investor, and will remain that way.
Jim he is not putting out truthful facts, he is not telling the real reason why he was let go, call the new CEO and talk to him, or the Attorney, find out what is really going on, not just what you want to believe from GAGO, you want the truth don't you? Call!
All you have to do is call the number at the bottom of the letter to confirm it, and ask what ever questions you want of the CEO.
Actually there is one funnier, the one where you are sharing insider information on a public forum, from a insider, and that all of your post with insider information has been copied and forwarded to the SEC for investigation.
From the Desk of
Executive President
Oct. 8, 2007
To all our Valued Shareholders,
On behalf of the Board of Directors of the Pearl Asian Mining Industries, Inc., (PAIM), and my capacity as the Executive President of this company, I am extending this full explanation and reasons for the defamations, the slanderous accusations, the libel and the slander by an emotionally upset former high management employee of PAIM. Mr. Gary Gotanco was and who had been terminated, yet cannot accept the fact that he had lost the high position, the high salary, the excellent fringe benefits and all other incentives he had been receiving from the generosity of the company and in particular the full TRUST that our Founder, Ms. Pearl Asian had bestowed upon him.
Mr. Gary Gotanco in our opinion who uses aliases, became vigilant and revengeful after he did not succeed to undermine and topple down our company~ PAIM, for his own selfish motivation to take CONTROL of the Company. Mr. Gotanco is now under National Bureau of Investigation (NBI) for criminal act and is subject for persecution for what he had done to the company and the rest of the management and specially our Founder. Strong evidences from the past 2 months had been gathered against him and he is schedule for a court hearing in due time as he tried to evade being served by our legal counsel the Law Offices of the Maulit/Valdez Associates. Please do not hesitate to contact our office and or our legal counsel: Chief Litigation Officer Atty. Ronald Bagasbas or contact me at e-mail: viperdax@yahoo.com
Furthermore, PAIM is working on gathering more evidences for the verification of his AKAs, though we all know that he is the only one who had access to all sensitive information and full knowledge of other facts that only a very close person to the Founder is capable of divulging such information.
Meanwhile, despite of these incidents, the New Dream Team continues to excel and soon PAIM will become a fully reporting company with revenues to show for, after all the “rotten eggs” and the dangerous “snake - gotanco” had been let go!
Moreover in justification to the truth of the laying off of the people that Mr. Gotanco had identified and who had left the company has no bearing or effect to any of the success of PAIM.
Gary Gotanco- was fired, but was able to resign immediately prior to his termination, because he had some inside people who tipped him that he will be fired. Gotanco, resigned immediately on Sept. 7th, because it will not look good to his credential that he was fired to this very high position. He personally doesn’t get along with a lot of the former employees and even the current employees because of his arrogance and attitude. Sensitive information about his firing can be obtained directly from our legal counsel. He is the 6th of former employees of PAIM who had intentions of taking full control of the company.
In retaliation and frustration, he used several aka’s in a very sour note by making friends with the people who loves to see PAIM- our company go down or go bankrupt.
Gotanco is the Judas of PAIM----and in our opinion is also aka “Marian Arroyo Escudero” who was passing false innuendos to the media.
CPA
1. Maribel Quinto- CPA(?) NOT CERTIFIED AND LICENSED. She was recommended by Mr. Gotanco who was his relative and a former Bureau of Customs employee, doing bookkeeping for PAIM. She was fired because she held material information on the accounting and did not finish the 1Q and 2Q in a timely manner. She continued to procrastinate and blames others for her poor performance. Prior to her firing, Gary Gotanco defended her, yet our Founder stood strong not to listen to the advice of Gotanco any longer. Maribel was the cause of the delay of all the accounting reports of PAIM. Final 2006 FS, 1Q & 2Q, 2007.
2. Cindy Caballero- CPA – yes and licensed, but inexperienced; just graduated and passed the test. After sending her to the Manila head office with Mr. Gotanco, Ms. Caballero suddenly resigned. Ms. Caballero admitted that she cannot do the Mining accounting because of her lack of experience. But whatever Gary told her during her 1 week stay in Manila, is a real mystery. However, Ms. Caballero is always welcome to come back if she wishes to, because in our opinion she can be an asset because of her talent!
3. Arlene Aguila- Geologist – She opted to resign instead of being fired. She has been with the company for only 4 months when her true color came out. She was entrusted by our Founder to head the Binasan Mine site to take care of business of producing gold as planned. However, during her leadership, there were more troubles in the mine site: We found out from our IP Natives’ admission that she had planned to BLOW OUT the Mine site by putting dynamite in the mine site!! The other reason perhaps she cannot get along with the people of the mountains was that she had been found sleeping with the Chief Geologist in the mine site, instead of doing her job, and was the cause of the breakup of Regie Selvano, Chief Geologist and his girl friend. Arlene had caused more detriment in the company relationship than being productive by passing false information against each other. She used the “cliché” method to alienate the female employees who in Cagayan De Oro.
4. Regie Selvano, Chief Geologist, resigned instead of being fired! The company does not need an In-House Geologist. The company is now using an independent company specializing in Geology. We just realized that having a geologist in house is not compatible with the mining engineering group. We have found out that both Arlene and Regie were the cause of the resigning of our good Gold Mapper- George Carpio and Field Geologist- Bart Apuyaw. They are now back with the company and working happily.
CHEMICAL GEOSERVICE DEPARTMENT:
5. Elvis Hidalgo- Chief Metallurgist- resigned for reason unknown, other than being gauded by gary gotanco to resign to accomplish his viscious mission. Mr. Hidalgo is not a very strong leader and he is just a puppet to gary gotanco. The Founder visited him to confront Elvis but he won’t even face the Founder. He left without saying any word at all to the Founder, yet followed all the false advice of gary gotanco.
6. Rochelle Laylay- Senior Chemist- un-Licensed- Though she did not pass the Chem. Board test, our founder gave her another chance. She was given a responsibility to take care of the money payrolls and attendance, reporting and getting permits. During her time she had lost 2 payrolls and a lap top. She was still given a chance! But when asked why she resigned, her explanation was that the Founder does not love her anymore! (Arlene Aguila- had been spreading destructive rumors that the Founder doesn’t care about Rochelle and that Arlene is now the Founder’s favorite).
7. Dahlia Honey– Junior Chemist- Unlicensed.- she was recommended by Rochelle. Besides, she spends more of her time in the internet chatting and even sent a memo to our investor Dr. Wellbrook inviting to chat with her. This seemed that these ladies had nothing else to do, yet get high salaries compared to all the employees according to the Philippines standard. She resigned too because Rochelle resigned.
8. Mike Penaloza- The Civi Engineer. His performance was not as impressive. The Founder had tempted to let go of him several months ago, because of information that he used to cater women with ill reputation for our engineers in the staff house. This is not acceptable!! Last May or June, he did not report to the company and lied as to his whereabouts and yet requested for a full payment. We are glad that he quit on his own, because now we have a better and dependable team of Civil Engineers.
9. The General Frank Acosta – resigned prior to getting terminated by the Founder, after the Founder realized that the General had other ulterior motif of taking over the company as well!
PLEASE NOTE THAT RESIGNATIONS OF THE ABOVE PEOPLE HAD MADE ROOM FOR A BETTER PROGRESSIVE AND PRODUCTIVE COMPANY.
The creation of the
“NEW GOLDEN DREAM TEAM”….like
Martin Luther King said “ I HAVE A DREAM!”
This is what we call our new:
NO-NONESENSE WORK-ETHICS - PERFORMANCE-PRODUCTIVE REVENUE STYLE OF MANAGEMENT.
All the new employees, technical, administrative support, skilled and unskilled workers are hired on a project to project basis only! When the performance is poor or they steal or they defame the company, they are automatically let go!
Like Donald Trump said “you are fired GARY GOTANCO!” who had falsified his credentials, who had caused to brain wash fellow employees with false information, libel and slander against the company and its Founder, and perhaps who maybe caught smuggling oil behind the company’s back using his high position in the company by getting an extra 3.5% commission on the side.. (CORRUPT PRESIDENT/CEO).
And the TRUTH shall set PAIM/ PROL free from all of these kinds of employees and all false accusations!
We now have replaced these people with highly credentialed, licensed, dependable and competent management group!!!
Should you have any question please do not hesitate to contact me personally.
Sincerely yours,
Randolfh Vilalluneva
President/CEO-Philippines
(viperdax@yahoo.com)
63-2-567-5164
One last time for those of you that cant understand. I will type slowly, OK?
1st bk= I was young and had alot of credit cards, and not to great of a wife, didnt help matters much, when she kept taking our money to buy a stupid vhs collection of everything you could imagine. So I had alot of debt and had no choice.
2nd bk= Divorce from nasty wife, and had to clear up my debts after the divorce.
3rd bk= Non payment for a job that I did in Omaha Ne. (and you can check this one out on line yourself, by going to ask.co and typing my name in to see what I did for the travel inn, and then they left me hanging with over 250k of debt, after selling everything I owned, including my bath tub, I mean everything, to pay my 56 men, I was left with the commercial creditors.
Was that slow enough for you to understand now.
Grow up, crap happens in life, people make mistakes, it is what they do after that, that counts. What I do know with ORO-USA makes me happy, and brings help to those that truly need it. Not only in the Philippines, but here in the states also.
Check the website see what we have done and continue to do, and get over yourself, because I know that your not perfect either.
There is not a career in going bk, only circumstances for going bk, and unless you know the cicumstances, or reasons for the 3 bk's, your comment is mute, and has no meaning.
ignorant or incompetent (both)
But, the people that I am talking about are on this forum, you just havent figured it out yet.
Why not, you want to set back and listen to GAGO, and his inside info, why not know the whole truth.
So only the insane non investor remains, is that what your implying, OK!
Two of the best.
Why? Do you have something to add?
You know that Bills Gates was a college drop out, look where he is at now!
http://news.bbc.co.uk/1/hi/business/3428721.stm
You could learn something by this, someone that is determined can accomplish anything.
Exactly
I leave monday morning.
The weit contract is still there, it has not been cancelled by either party.
If it was, so what. We can sell the gold to anyone we want to.
We can sell it through the central bank of the Philippines, or anyone that want's to buy.
This guy is po because I wont respond to his crazy emails.
Take it how ever you want.
Everyone know's that these people come out in number's when thing's aren't what they want them to be. And Bill if you call and harrass my wife one more time, I will press charges against you, do you understand that, this is not a joke. I take it very serious when people harrass my wife, and I gaurantee I will do what ever I need to do to get you to stop.
Bill, or hanibal as you are here.
Don't start your crazy talk.
This is exactly the reason why I don't respond to you, and
neither did Gary, because you are plainly a stalker.
You, are mad at me because I don't respond to your crazy emails,
so you sign up on the boards to do what, like I told you today, sell what position you have, and get out.
If you don't calm down I will have no choice but to post your crazy email's, and a phone log of how many times a day you call me to do something, now. You seriously have a problem, and you need to seek some help.
I don't want to get nasty with you, but you are causing problem's, that don't exist.
I propose to the mod, or even matt to delete this gentleman's
post, he is mad, and is just lashing out.
Matt call me if you need to.
But this guy has a major problem, and needs to be stopped.
Keya, You didn't do anything wrong. You didn't do anything to appolagize for. I am sorry that I am just now getting to you, but the computer's and printer's for the school arrived this morning, and it has been hectic to get them repackaged for shippment Tuesday, I have to have them there when Jenn & I arrive, so we can help get them set up at the school.
Again sorry I am just getting to you, please don't give up on Gail, she is doing a great job, and can use your help.
Thank You, Jeff
I do not make it a habit posting to a board, but Aust. you are wrong, you need to do your DD, the cd debt is not to PAIM wyoming, it is to PAIM canada, which leaves PAIM Wyoming, and PAIM Philippines debt free, you need to get your facts straight before you post false imformation, false info can get you banned you know, I would work on getting your bashing straight buddy, your not looking to good any more.
Don't bother PM me I wont respond to you, but I will not let you sit here and lie to the people of the board.
Thank You, Jeff
Gail, I have been trying to find your phone #, I wanted to let you know that you are invited to take Janice's place, if you are interested call me.
gail are you here
Gud by se u lader
I think you need to check your own grammar before you crack jokes at mine, and remember I wasn't talking to you, your not invited, nor will you ever be.
ups, my speling agan, thank for takint time to corect me.
I rely dont care aboat mi spelling, u can mek a big fus if u wanta, except the invite or not.
Is this all you people can do, sit around and crack joke's at me, that is ok, if it make's you guy's feel better.
PAIM is going somewhere, and you do not sound like you are going to be there for it, so be it.
This is the last chance for the invite, time is running out.
So stop with the sorry excuses, and do something productive, instead of bashing. This is your chance to prove us wrong.
Don't bother repling to me here, email me if you decide to go.
Ihub is not a very good resource for anyone! Especially since the one that bashes a company the most, is a moderator of the board. Alot of people look to Janice for guidance because of her position here, just to bad it is all one sided, and look's like it will continue to remain that way.
Ihub really needs to do some changes, before they start loosing client's.
Dear Janice: I was wondering if you have given any more consideration to our invitation to join us in the Philippines, at the end of June, because if so we need to get you booked for flight at our exspense, and you will need to get to your doctor by the 15th of June to start your shots, and mallaria pills.
Remember you can bring someone with you, please except our invitation.
Let me know by emailing me at irjbosaw@yahoo.com
Thank You, Jeff
Good day to all of the investors of PAIM,
After yesterday’s release of the unedited financials, I was overwhelmed with emails, and phone calls. I tried to answer as many as I could, but it has become apparent that the best way for me to get to all of you in a timely manner is to make a general announcement, post it on all the investors boards that I am signed up on, and to send a group email to all of those that have emailed me.
We were hoping to have the audited financials done this week, and the company is still working very hard to get all the information together and working with the auditor to get these financials completed.
The financials are very important at this time, since we are also trying to get our uplisting completed, and the financials are critical for this process, so we want to make sure everything is kosher, and the auditor is completely satisfied.
I know a lot of you have been upset about not being able to get a hold of Mr. Gary Gotanco, the previous IR Officer. He has not been fired or left the company due to any reason, it was management decision to tap me as a full-time IR to enable Mr. Gotanco to focus on certain aspects where his skills are badly needed. As you know he has been appointed to head Philippines Royal Oil & Alternative Energy Co., Inc. as its President/CEO, and he is now focused on getting everything started on the right track to ensure its long-term viability. Meanwhile, he is still very important in the process of moving PAIM to a higher exchange and getting our piggy back qualification done. So he is not gone, he hasn’t run away, he is working diligently to complete the process of providing vital data and documents for the regulators, and hand it over to our New Attorney for filing and submission.
No, I will not give anyone’s names out, as far as the Attorney goes, the Market Maker working with us to get the piggy back qualification, and the name of the company that has shorted us. This will come at a later date, and only when we are informed by our Attorney that it is the right time to divulge such information. I know that a lot of you have speculations on who they are, but I will not release privileged information that may damage any future actions against any said shorters.
Again I stress that our most important goals are to get the financials completed, and subsequently secure our piggy back qualification to eventually uplist in a higher exchange.
No, I am not a puppet of PAIM, I am the IR, and I will continue to do my best to move the necessary information between the company and its investors, and no I do not get paid for it either. I am doing it as a bonafide PAIM shareholder who, like you, would like to ensure that shareholder value is enhanced.
As far as inviting Ms. Janice Shell to join us in the Philippines, it is a real invite on our part, and no PAIM will not be paying for it, ORO will. Now that ORO is a fully operating non-stock and non-profit corporation, we are raising our own funds to sustain ourselves, and the people we ask to join us in the relief effort. Even the medical team has also joined our efforts. Yes, if Ms. Shell accepts our invitation, she will be there and hopefully help with our relief efforts and she will be invited to see PAIM’s operations as well.
I can not confirm nor deny that there may be a reserve of gold, I can state that any self-sustained operation must have something to back it up.
Yes there has been some unforeseen delays, but the company is working through them as quickly as possible, with firmness, and desire to complete them in a timely manner.
I know that a lot of you are frustrated at this time, and I am very sorry for your frustration, but be assured that the company is still moving forward, and what plans have been made, will be completed as long as these will contribute to long-term shareholder value and given the resources available to the company.
Please refrain from using profanity and vulgar language. We are all working hard, for you our investors.
This is now going to be page two of the memo, since there is still some people that need some answer’s.
1)This was posted on a board this morning:
This 'stock' will do another 'Reverse Split' within 6 months.
Just another of my AC Opinions.
They did one less than 1 year ago, and 'misnamed' it
a "90% Buy-back", without buying anything back.
ATTENTION
(They just
took 90% of everyone's shares, and 'replaced' them with
even more worthless 'Preferred' shares, which automatically
dilute common shares, constantly, for 5 more years).
It was
actually worse than a 1-for-10 Reverse Split, because of the
new 'preferreds'. It was effectively a 1-for-100 reversi.
But, that was nothing, compared to the next Reverse Split,
which will happen in less than 6 months, probably 3-4 months,
or faster, except they never 'accomplish' any 'plans' on
'schedule'. This one will be at least 1-for-100, but probably
1-for-1000.
The 'evidence' was accidentally 'released' today, in an ~english
eMail to some [but not all ?] long 'share'holders.
Here it is, in pain's own speling + sentinse struksure :
" 4)No, I will not give anyone's name's out, as far as the Attorney
goes, the Market Maker working with us to get the piggy back
qualification, and the name of the company that has shorted us. This
will come at a later date, and when we are informed by our Attorney
that it is time, I know that a lot of you have speculation's on who
they are, but I will not release priveliged information they may
damage any future Litigation against any said shorter's. "
First note the highlighted area, this gentlemen is having a hard time understanding the difference between, the preferred shares of March 06, and the CD’s. Maybe one of the other investor’s could try to explain to him the difference, between the two, it may help him feel better.
2)As far as the vanity cards go, and the reason for the delay, was due to moving the location into a different building that was more suitable, the vanity card’s will still be available soon.
Thank you again, Jeff
Good morning to all of the investor’s of PAIM,
After yesterday’s release of the unedited financial’s, I became overwhelmed with emails, and phone call’s.
I tried to answer as many as I could personally, but it has become apparent that the best way for me to get
To all of you in a timely manner, is to make a general announcement, and post it on all the investor’s boards
That I am signed up for, and to do a group email to those of you that emailed me.
1)Yes we were hoping to have the audited financial’s done this week, and the company is still working
Very hard to get all the information together, and working with the auditer to get these financial’s completed.
2)The financial’s are very important at this time, since we are also trying to get our uplisting completed,
And the financial’s are critical for this process, so we want to make sure there are no mistake’s, and the auditer is completely satisfied.
3)I know a lot of you have been upset about not being able to get ahold of Mr. Gary, the old IR, he has not been fired, or left due to any of the reason’s that have been emailed to me , or called in. Mr. Gary is still with the company, and as a matter of fact he is very important to the process, of moving to an upper board,and getting our piggy back qualification, so he is not gone, or ran away, he is working his butt off to get this process done, and handed over to the New Attorney.
4)No, I will not give anyone’s name’s out, as far as the Attorney goes, the Market Maker working with us to get the piggy back qualification, and the name of the company that has shorted us. This will come at a later date, and when we are informed by our Attorney that it is time, I know that a lot of you have speculation’s on who they are, but I will not release priveliged information they may damage any future Litigation against any said shorter’s.
5)Again I stress that our most important goal is to get the financial’s completed, and our piggy back qualification.
6)No, I am not a puppet of PAIM, I am the IR, and I will continue to do by best to translate information
Between the company and it’s investor’s, and no I do not get paid for it either.
7)As far as inviting Ms. Janice Shell to join us in the Philippine’s, it is a real invite on our part, and no PAIM will not be paying for it ORO will. Now that ORO is a fully operating Incorporation, we are raising our own fund’s to substain ourselves, and the people we ask to join us in the relief effort. Even the medical team that has now joined our effort’s. Yes while Ms. Shell is there helping with our relief effort’s she will be invited to see PAIM’S operation.
8)I can not confirm or denie that there may be a reserve of gold, I can state that any self sustained bank must have something to back it.
9)Yes there has been some unforeseen delay’s, but the company is working through them as quickly as possible, with firmness, and desire to complete them in a timely manner.
10)I know that a lot of you are frustrated at this time, and I am very sorry for your frustration, but be assured that the company is still moving forward, and what plan’s have been made, will be completed.
11)I would also like to say that there is no reason for the profanity, and hostility that has been directed at myself, and the company. We are working our hardest for you, our investor’s.
Thank You, Jeff
Zanatos: I just wanted to clarify my reply to you on the mm situation, I don't want anyone to misunderstand what I was
saying.
Pearl uses a different mm than the one's that you implied,
but she is not selling stock through her mm, they are working together for the piggy back qualification, no selling.
Just so everyone understand's, and doesn't read my reply the wrong way.
Janice: Who is TSX
As far as Pearl putting her picture anywhere that would be her choice, and she chooses to put the people that are important to her on the site, having her picture there won't make a difference, it will only give people something that is not needed.
Gail: Contact AGN ssociates at 916-760-7712
No, I am sorry, but that is not correct, none of those are even the mm call letter's. That is a different institution that is using those, not PAIM.
I will see if I can release the mm info, I may not do to harrassment, but I will check if I can, OK.
Wrong, that is not her market maker. I don't know who that is,I have talked directly to her mm myself and that is not it.
Who is rbcm?
Janice, if it help's, you can bring someone with you, and we will pay for them also, there will only be brief moment's where you will be exposed to heat and such, 1) for the school opening.
2)We can drive either up to, or close to the mine site's, and we will make it as comfortable as possible, from your picture I can see that you are now about what 43-46, you and your friend will be taken care of, and we will accomidate you in what ever manner you desire, yes you have been a harsh opponent to PAIM, but this is real, and we really want you to come down with us.
Yes our motive is to change your mind, we would be lying if we said otherwise, please allow us this opportunity to work with you, and let you see , and hear what is actually happening.
Thank You, Jeff
Janice the offer stand's till about the first week of June
in case you change your mind, ok.
We have to book your flight, that is why it is the first week of June.
Email if you would like to.
There is nothing that we can do to change your mind?
It wont be as bad as you think, just think you can take what ever pictures you want, ask any question, see what ever you ask to see, as long as it is legal.
Why not, this will be a perfect time for you to see everything,even the mines, no holds barred. You couldn't ask for a more perfect opportunity to see for yourself.
The invitation is real, please take us up on it.
Thank You, Jeff
JANICE I have great news for you.
You have been invited to join us 3rd week of June
in the Philippines, and we are going to pay for your trip,
so if it is alright with you let me know by emailing my IR
with your information, where your coming from, so we can get
you booked. This way you yourself can see what is going on.
This is not a joke, so don't treat it like one, please.
Thank You, Jeff
Besides the IR work, I am a retired master carpenter. I still do a few custom jobs for previous customer's, but that is it, no new customer's, not to many people wanting to pay $75 to $125 an hour any more, just the ones that know me, or referrals.
Last year while I was reading some Ihub messages, my wife was setting in the office with me doing something else, I don't remember what, and she heard me say something to myself about what was being said, so she asked me for the details.
She then contacted the company, and asked if she could help.
So she started raising all the clothes, etc for the kids, and families of the community, I believe we shipped a total of 27 huge stuffed, and I meen stuffed, because it cost per box to ship no matter what the weight is. Then Rick & his wife shipped a large number of boxes also. We where suppose to go when Rick did, but my wife was having medical issue's, that she is still fighting, but it is not keeping her from helping these people, she has made it her mission. Now being incorporated as Operation Reach Out-USA in the state of Ne.,and I am working on her non profit paperwork hopefully get it in this week, so she can really get going. Once she get's the non profit status, I can go to my investor friend in Omaha, that donate's alot of money to oversea mission's, and help her get the fund's needed for the other school's, churches, and medical center's needed. So she has a lot of work ahead of her, but she is ready, anything to help.
Thank You for asking, Jeff