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Wednesday, March 22, 2006 6:16:22 PM
July 29, 2005 State of Wyoming, USA Certificate # CID- 2005-00497110
(iv). CLASS OF SECURITIES & PAR VALUE:
A. COMMON: CUSIP # Y6804H100 Symbol: PAIM
Wyoming Corporation: Par value = $0.001
B. PREFERRED: CUSIP # tbd (?) Symbol: tbd (?)
Wyoming Corporation: Par Value = $0.00000001
If I do the calculation .0001 / .00000001 = 10000
If they give 1000 times more shares as preferred and they are worth 1/10000th time less then that means my preferred will be worth 10 times less!!!
WTF is up with that? And i reading this wrong?
Are there one too many zeroes in the filing? Is that a mistake?
Comments please!!
Ultimatepick
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