Prom Resources Inc (PRMO)

[littlefish]

Scam? I bought in at $0.0007 the other day on the news out of knee-jerk reaction and a post from TAKI. But now that I do a little reading, this seems scammy. For one, the PR out recently says this:

Prom Resources (Other OTC:PMRX.PK - News) submitted Gold Samples from Current shipments prior to having it Refined and sold. The results will be available when all shipments are refined and sold.

Anyone want to explain what they're saying? Ok, they 'submitted gold samples' for what? For assay testing? For refining? Not for refining because it says 'prior to having it refined'. So is it for assay? In which case why does it say the results would be available AFTER it has been REFINED? If you're assaying something, you have to do it BEFORE you refine it and if you've done that you would want to tell investors the results soon after. Why hide it unti lafter it is refined? Makes zero sense. So basically the above PR statement by the corp makes absolutely no sense to me... BUT I'm new here so please someone clarify for me what the company is tyring to say LOL. TIA;)

Also, this:
Our plan is to ***continue*** to ship significant amounts of gold barring product; this *cash flow* will cover further expansion and acquisition of new properties,"

Umm, OK, if they're CONTINUING (continue the word they used above) to ship gold and generate cash flows then WHERE are the cash flows and revenues reports? I find zero on the company website about money they're making (or losing more importantly). Does the CEO even know how to do accounting or CFO if they have one?

And on top of the PR 'news' recently, the price is making new multi-month lows... Hello? How did you people get involved in this LOL? The same way I did? Good luck all the same. I'll sell when it gets back to profitable for me or if it bumps under $0.0004 unless you guys can convince me that I'm missing something important (possible since I'm new here).
BTW, notice the typos with capital letters? Not normal for a PR IMO. I could proofread them for the corp before they send them out to PR wires if they'll give me free shares LOL.