Prom Resources Inc (PRMO)

[cdmac11]

littlebride, So let me get this straight. Prom reverse split back in July to give the retail investors 5 million shares, and I believe the price after the split was at around .02-.03 because the pre split price was .0001-.0002. Then at the time Prom gives away 25 million shares to a hedge fund/PR firm for free, which is an astonishing 5x the float. The stock runs to the 40 cent range, settles back into the .20 range, and the hedge fund simultaneously starts dumping shares into the market and shorting. The hedge fund gets rich, the retail investors get porked, and now the hedge fund wants another 5 million shares. This is absolutely unbelievable. It may be true that the hedge fund got the 25 million shares when the price was at .02, but there was no way they were trading those shares until around .20, because that was when the high volume came into the stock again and plummeted us to .0035.

25 million for the hedge fund for free and 5 million shares after the split for the dopes like me...Wow, Dror and Gerry really care. And to think that Dror and Gerry are still talking to this hedge fund. This is just so freakin crazy.

I still believe the float is higher than 32 million shares, so you haven't been able to let us know why the other shares have been printed. I hope your beloved Dror and Gerry are validating the count of shares once again and will be updating the investors.

I'm starting to wonder if you are the Atlanta PR firm? You were the one who knew about the hedge fund back in the summer. Will the real littlebride come forward?