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07/12/07 1:24 AM

#40288 RE: sonofkeya #40256

Everyone who ignored PRs, and watched paim stock price sink, thanks to dilution, as fast as possible, with no profit, and no reported revenues, knew that a reverse split was required, and overdue.

The current problem is that a 1/20 reverse split is way too low, and a waste of time, at this point. At least 1/1000 might have fooled some new buyers. No company ever wastes time doing just a 1/20 reverse split, which is now just a 1/5 , since the selling price is now just 0.0001 , and may be lower, except no one bothers to post anything lower than 0.0001 , and no Broker trades shares at such a ridiculously low and meaningless price.

It is hard to believe that anyone still believes any of paim's PRs. They are only "released" to try to deflect public notice of a real problem, which paim never addresses. imo