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You obviously don;t know how the Canadian and Provincial gov'ts work. Ever hear the expession "do nothings"?? Lots of noise but very little action in the end while personal self-interest rules the day. It's amazing that Canada manages to exist at all.
Scottrade cannot legally stop you from transferring your account. If this is what they are telling you, write a letter to the NASD - the Americam Association of Securities Dealers. ALso write a certified letter to Roger Riney the CEO and tell him what your branchmgr told you. Then in the letter threaten to go on-line and let everybody know that they are interfering with your ability to conduct business.
Yes, the AMerican to sue is in Detroit: Dr. Jae Ho Kim. You can sue everybody in this company in Federal COurt. It doesn't matter that they live in Canada. They can still be used in Federal COurt, and a judgemenmnt can be obtained.
Write letters to individual managers of this stock and ask for your money back, if you are so inclined. I am going to be doing just that.
It can be done! It has to be done in Federal COurt. Note that we are not dealing with(theOSC) with a national agency in Canada, but rather a provincial agency who is represented by individuals whose mandate is not at all clear. Different names analogous to US state agancy magistrates at best. It can be done. I will probably do this in a few weeks. The same will be done with the trust company whose name I can't think of at the moment, the folks who originally [posted the original memos on their web site.
Can the members of the OSC be sued in the USA? YES!! in federal court. I am currently exploring this option because it seems to me that they have had plenty of time in which to determine if anyone has any liability.
Meanwhile their postponements interfere with investors/traders' business. Since May 18, it has been more than three months and now we're looking into an October problems. If Canada feels they have a problem, they should act on it, not shilly shally around.
Since the stock is still being bought and sold through a few respectable brokers, it can't be totally counterfeit or illegal.
Most of us have had this since before the announcements about additional dividend stock being offered in June and July. I couldn't afford to hold all for fear of losing. LOL
Share Tally- 12,500. Got rid of most a while back.
Anti-Scott action - Count me in
Scottrade won't let me transact any business in my account electronically. They claim my email address is invalid. Yet I get email from them all the time. I moved and changed my address by walking into A Scottrade office in Philadelphia. Scottrade refuses to update my account. I have a chunk of pmcl in my account. I also have other stock which I incurred losses on because I can't sell it. AS we all know the normal mode of business with Scottrade is electronic trading.
Any body know a good attorney in Philadelphia??
Fidelity B X A: 2,500,000 x 50,000 // An amazing bid size. Someone ure wants this stock.
Greetings- Fidelity both buy and sell
Greetings - I can still buy through FIdelity. Should I?I am wondering if it makes sense to buy more at this ridiculously low pps. Any thoughts? Should I or shouldn't I? I can't decide!
Greetings- Are you saying the company or the web site is fake?
Will send particulars to you in the AM. REGARDS
mglg was also being handled by SA. Its principals were Russian, at least on paper.
Gavinz- I think for PMCL its still 100 mil. The 1 billion OS is for Natural Medications, the new company.
Inre: PMCL TA - SEE THE LINK BELOW http://www.pinksheets.com/quote/company_profile.jsp?symbol=PMCl
If answers don't come from the message board then what's the purpose of this message board? ANd why are YOU here?
I learned alot and I learn alot everyday. Posts by art2gecko were very informative. Ever hear of "Lessons Learned"? Sounds like you're having a bad day or have we all offended you in some way?
LOL
Strongus and Cowboy- who are you referring to? Its just a pinky stock, not a religion. The questions are legitimate. What is happening with PMCL. News gets out, speculation flies and stock price drops, investors wonder why. THe board is for the purpose of sharing info. Or are you the shorties who think that this a good thing?
If you consider due diligence, and the process that you mention, it is quite clear that this is a very high quality education for all. We all understand that we are speculating, but where else can we conduct a discussion as good as this, maybe a classroom. SOmething for you; ever hear the expression "a company company"? Refer to my earlier post.
Good point hasher. I've been reading about a bunch of companies associated with Select American. Apologies to most Russians, but alot of the companies associated wiith Selct American have Russian principals, who "disappear" afetr the stock price drops.Ex: Mglg-Mggl; ilgy-ilgl, pmcl-? They sell the stock at high prices(rel.speaking) the stock price drops. Moreoever some of these companies are shadow companies of real exisitng companies like Magellan ENergy, because they adopt the names of real companies. Someone pls make all this go away.
Another email-er posted on Friday that PMCL has a new TA, Fairross. But to continue, if PMCL is legit, why not have a web page(its real cheap, maybe even free) to communicate company events and news to the public(us shareholders)? Its so easy to do a web site.
OK, Fairross and Select American is the same scam and I am beginning to suspect so is PMCL. Pls, none of the managers listed in the ibox are stupid men. SO for them to point a finger at "kron" and say "We didn't know" doesn't fly. ANyone think otherwise? All insights would be appreciated. YES I own a chunk of PMCL and am losing $$ on it.
Fairross lists their bus addr (web page) as being in Toronto, Ontario, CA.
Thx Art. Great Info. So what does this mean for PMCL when it claims to have a new TA Fairross, when Fairross doesn't even exist technically? Is it yet another scam?
Since Fairross is a new org, it may be the people from Select American just started a new company, not formally "took over" Select American. Since there are no names or personal contacts on the web site, it may be another questionable enterprise. Business on the other hand can be easily "transferred".
Thx Hasher. Fairross is a new org/company. Although it has a decent business address, its mailing addr is a PO box, and it does not disclose principals/names of the people running it. No personal contact listed. Did someone say that Fairross is the old Select American reincarnated under a new name? ANy info would be appreciated.
Info on Faiross? Can someone direct me to info on this alleged new TA for pmcl? I haven't been able to find any. There is a company in AUstralia by that name but it deals in durable goods.Thx
Regards and LOL. A better tomorrow.
It's in the spirit of ROTFLMAO. Obviously not, but last week I was losing my mind and observed that it was odd that in a Korean enterprise there was a nonKorean involved. It seemed like a cultural anomaly. I apologize for starting this inanity but we gotta laugh, otherwise I'd be banging my head.
Could also be Swiss/Austrian/German/Swedish. And if you break the name into Konya Rev, also Turkish. Amazing what a versatile name - for a versatile guy. Kron, Konyarev, Konya Rev, what's a few names between friends?
ROTFLMAO!! Thanks, I needed that.
You're probably right but I'm trying to keep an open mind. THe name does come up for real people.
Was Eugene Kron associated with Premier Classic Art? I found a reference on the web to an artist called Eugene Kron.
Then its obvious why it isn't trading!
No surprise. TD Waterhouse doesn't exist anymore--> NOw TD Ameritrade. Or do you know something we don't. Besides the TD should be a give away - Toronto Dominion, in Toronto, Ontario.
Yes, depends on why it was halted. *When a symbol change takes place, stock trading is halted on old symbol. *If stock trading is too volatile, may be halted.*Takeover bids will cause halt . . .* SEC investigation will cause halt...
Greetings ALL- Its possible its a prepaid cell phone number.
The order is temporary! Sorry if I got off track.
It expires 15 days after it is issued. There appears to be only 1 order, that of 5/18/07. ANd the actual hearing is on June 1, 2007.
The DTC web site has the original order scanned in and available for all to view.