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I think brokers are used to buyout, compared to land divvy... It would be a first time thing niether. You guys kept complaining about the divy, what if tomorrow in the PR we are told about it?? How it is going to work and when we're going to get it. That would obviously freak some out.
At the present time one evolves like Legislator of the Republic and President of the Commission of Outer Relations of the Legislative Assembly, is First Undersecretary of the National Executive Committee of the Democratic Revolutionary Party, Member of the National School of Career diplomats, Member of the World-wide Network of Solidarity and Main Representative of the P.R.D., before the Commission of Political Parties of the Electoral Court.
http://translate.google.com/translate?u=http%3A%2F%2Fwww.prd.com.pa%2Fprd%2Fweb%2FBANCADA%2FLEGISLAD...
Looking at all the action here tonight, I can tell that there are a lot more posts than usually... Sometimes I come here at night and we don't see Panamersa in the 10 first ones.
Tomorrow a LOT of people are going to watch and I believe a PR is all we need to spark this thing... I don't mind the weak hands to sell, I'll be fine with either the buyout or an exit point before... Don't forget they can use multiples, 0.017 is current, but when you invest money in a company you don't only get what it's worths, you get a little more...
Anyways, tomorrow is going to be really interesting to watch.
Why??? He's NOT releasing the info because of such laws.
Give me a break. It is REALLY easy to see what you are trying to do over here. If you are that convinced that this company is as sh*tty as you pretend, then SELL your position and GTFO.
It is that simple, when I don't like my position, I leave everything. Save yourself some stress and headache, find another stock. If you want to go scream scam somewhere, for any reason it might be, go on SLJB or ECFL (which I still own, anyone up for a class action???).
Pm the info to CauseImDaddyDammit or 4god and they'll be able to tranfer the info back to MT!!!
I believe it's the only place your going to see them today (well, tonight and before the bell tomorrow). They are going to Pr it only tomorrow!
Go for it, give a call to the IR department to see if we're going to get it tonight, if we're not, I'll go to bed and wait to see how tomorrow is going to be!
100 million with 5.6 billion shares is 0.017 $ shares, is that what you mean?
5.6 billion after the 2 billions retired by Mike Terell
Isn't 1 for 1???
Hopefully it's going to be soon because I have an appointment at 4:00, so I'll need to leave in 10 minutes...
I believe we have more chances of getting it tonight than tomorrow morning. If they are ready for tomorrow morning, they will be ready for tonight as well... And they said March 15th, so they won't put it tomorrow if they can put them out today!
Then all of this is a mistake, I wanted to say that to the one who said 30 minutes... anyways, I still believe it's going to be today...
If you tell me that the girl at IR told you they were going to release the auditted financials in 30 minutes, then I'll take this for what it is, I won't blame you if she's mistaking. But if you tell me this is your guess, then I'll also take it for what it is!!!
Back it up or no one is going to believe you (me being one of them!!)
I'm getting the same numbers with current assets. The only reason why people were using the cash on hand, was only to show how ridiculus this thing was, if the numbers are right, anyone with a lot of money could buy all the shares for less than 20 million, while the company has this much cash, so you get free "all the assets they have".
Now I know no one is going to buy it, nor someone could because it's not every shareholder whos going to sell for 0.003, but I took this number as example because it is the current PPS...
Any thoughts on this??
After the bell would still be today...
they need two years of audit, but they wouldn't be uplisted right away, there is a process with it. But you probably know it, so final answer = 2 years!
They said they were going to meet today to discuss the buyout... I just can't wait to see what is going to happen today... 2 long hours.
Here is a link of the last financial results, you guys can go take a look at it...
http://www.panamersa.com/documents/2005_2006_paypro_ar.pdf
If I'm not mistaking, they will audit the money figures. So cash on hand 19,888,000$, with 5.6 billion shares as of now. This is 0.0035$ per shares, without taking into consideration any growth and/or potential... I really think this stock is WAY under-valued right now, I'd see this pps for companies with maximum one tenth (1/10) of Panamersa.
Perhaps people just don't believe Panamersa has that much money... We'll soon find out. I don't think we'll see the big news in the morning as some of you may think. MT likes to release financial statements in the afternoon...
example..
PayPro, Inc Net Profit up 2582% over 2nd Quarter 2006
Nov 15, 2006 2:00:00 PM
Copyright Business Wire 2006
DALLAS--(BUSINESS WIRE)--
-------
PANAMERSA Corporation/PayPro Inc. Fourth Quarter Net Earnings Up 545 Percent Over Third Quarter
PANAMERSA Corporation/PayPro Inc. Fourth Quarter
Net Earnings Up 545 Percent Over Third Quarter
FEBRUARY 15, 2007 – DALLAS & PANAMA CITY, PANAMA – PANAMERSA Corporation/Pay Pro Inc. (Pink Sheets: PYPR) released their fourth quarter financials today and posted net earnings up 545% over third quarter net earnings for 2006. Actual net earnings for fourth quarter exceeded projections of a 400 percent increase announced December 11, 2006.
(was posted by Snikerke at 3:15:04 PM)
Post 40344
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Anyways, now heading to bed (had to come back because I couldn't sleep).
Have a good one, and watch the stock for me in the morning, because I guess I'll sleep in tomorrow..
OT - Hey guys, I just found myself a gift if this stock do REALLY well, and REALLY soon... (No I don't think I'll get this plane soon, just because I wouldn't spend that much money on a plane right now)
http://cgi.ebay.com/ebaymotors/JET-PROVOST-MK-5A_W0QQitemZ330098401423QQcategoryZ63679QQssPageNameZW...
Do you need attention wolf??? I know you've been on the board since a couple of weeks, I've been here since a couple of months reading everything I can and I've seen a couple people have said they thought a fair PPS for the buyout could be anywhere from 0.008$ to 0.02$. This is only on speculation though. Anything over it is dreaming if you ask me...
I think they killed the run the stock would have had by talking about this buyout. People would have invested today with hope of reaching a couple of pennies on a AF run. Now chances of such run are lower, but I still believe we can get highs (or new highs) tomorrow and in the upcomming weeks. We simply have no idea what can happen with this company because if the shorts are squeezed the PPS can get really high, and if the price is lets say 0.05$, they can't really offer 0.02$ per shares for the buyout.
Anyways, only time will tell... Don't take it personally Wolf. its just that you have 9 of the last 11 msgs, your credibility as a nonpumper is taking a hit right here buddy. Have a good one tomorrow!!
I'm just like you, I registered everything and they still tell me I need to register... But then it says on the upper right that I am connected and it also says my name, so my guess is that they've received it...
Why would they move all the way through NASDAQ to then buyout the company for 5$ a share, while they can do it right away for a pennies a share??
I also think this is the yearly figures. I took the info on shareholders equity on the YEAR ENDED DECEMBER 31st, 2006.
http://www.panamersa.com/documents/2005_2006_paypro_ar.pdf
With a P/E ratio of 15 I'll still take the 0.28$ anytime soon...
Shareholder's equity as of december 31st of 2006 is 107 million. Just taking this number and divise by the outstanding shares you have 0.019$ per shares.
http://www.panamersa.com/documents/2005_2006_paypro_ar.pdf
So I would think this would be a fair price... I think people will bring it to this price by themselves soon enough. Could even happen earlier this week.
Do't forget that Mike owns a boat of shares in this, so he is probably affected by this price as much as we are!!!
I was amazed at this week's calm on the board, but I see that people can come back really fast to this stock. I think we'll get enough momo to start moving seriously monday, maybe even gap. Then we'll have funn at least until march 15th...
Wow, can't wait for next week...
I can buy with my Td Waterhouse account, only Td Ameritrade customers can't buy. I can also sell, but I won't, not this week at least...
I think the reason why we're seeing what happened today is only because so many people invested in this company with hope that the following day was the big merger news so they can sell right after and make a lot of money on the exchange. Now by getting a PR telling us the merger is next week, wednesday morning, we know that all these investors will come back for the 14th, which is going to be a really good day...
1st Q 2007 is not even over yet, and it usually take a month and a half after the quarter is over for the financials to be released...
I thought time was long holding this thing at 0.03, you've just shown me I wasn't in a too bad situation!!
I do, I see a big difference in the way things are going this time. Last times the stock made some huge runs on PRs only stating they found a company for a merger, now it looks like the PRs are too good, it moves but no big run. I kind of prefer a constant and steady upclimb but I'd take a few 1000s% anytime...
Are you going to take personal opinion??? I think this this is really due for some news, I remember something about TD ameritrade sending their shareholder list to panamersa on March 3rd. So my guess is before the auditted financials release, we get TD Ameritrade to let the buyings go, this is going to be just what we needed to spark this thing for March 15th...
I agree, I think we'll see good and big things coming up next next week. They know what they are doing, I'll just buckle up and ride this thing...
I don't know what are you motive for claiming such a thing, but I believe this stock is not done anytime soon. Have you read the news??
Good luck scaring people over here, I don't think you'll get cheap shares for this here!!!
Is it 4:05 yet???
If there is a PR tonight or monday morning, it will be even more crazy!!!
I'm taking a 20 minutes break, hopefully I'll have a good surprise when I'll come back!!! Send us a PR Dez, I'm ready!!