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Alias Born 07/17/2006

Re: The_Free_Nebula post# 92

Saturday, 10/07/2006 3:19:37 PM

Saturday, October 07, 2006 3:19:37 PM

Post# of 403
Personally I don't care what you think. I'm just fed up with all the scammers out there. I've been burned a few times myself. The article is to long to to write on this site, but I'll give you a few tidbits.
Under the proposal, Manchester will issue so many shares that the owners of PAACO Group will emerge as the controlling shareholder. (This is called a reverse merger.) The company also says it has established credit lines totalling $375 million US to finance the acquisition and operation of a nationwide chain of Buy Here/Pay-Here outlets. But nearly 2 years have passed, and not a single outlet has been aquired. As of May 31, the company still had no revenues and total assets were just $600,240 US. The Stock is being touted around Vancouver. This week, one of my hockey buddies said he was being pressed to buy it. But if it follows the usual pattern, the main target wil be Americans and they will almost certainly be burned by this Vancouver-made weapon of financial destruction.
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