It is never too late to NOT buy paim. And, it is always too late to sell any of their annoying "gifts", that always involve confusion, and late and messed-up "delivery", and broker fees, and trading restrictions by most brokers.
As of now, no one has even gotten a check for last month's 0.00001 "dividend", and no one can even "trade" paimp or prol, and there is no chance that the "95% BuyBack @ 0.00002" will be "paid" before August 15, according to paim's own PR.
All real financial markets require that any "buyer" of any shares MUST PAY, IN CLEARED CASH, WITHIN 3 DAYS. paim intends to "delay cleared cash payment" at least 30 days, which most probably won't fly. IMO, the "BuyBack" will NOT HAPPEN, and paim will have to start all over, and "announce" a standard reverse split, which will take weeks to implement.
Meanwhile, paim can only keep trying to dilute at 0.0001 ,
for the last two weeks, and the next three weeks, or longer.
Everyone is lucky that TD-Ameritrade won't let its clients foolishly buy more paim-common, right before they "BuyBack" 95% of all common shares, at 5% of what they were "worth" when paim published their "PR to benefit all shareholders",
2 weeks ago.
Any smart broker would do the same. Because, brokers don't make a profit by "dealing" with penny-traders, who complain, and personally call, and email frequently, and waste time of paid employees, instead of dealing only through lowest-cost, computer-only, services, which is the only way for brokers to keep their costs low.
And, if anything goes wrong, which is probable with paim's probably illegal "BuyBack", only the broker who facilitates the "trade" will lose money, because paim cannot be sued, cost-effectively.
Averaging-down is profitable, for shorters, only.
