So, long paimers just gave $11,970,000 to pearly.
= 7,000,000 x $1.71
And, in 7 months, on 1 April 2008,
when the conversion rate doubles to 1-for-2,500 ,
they would have been worth double, = $24,000,000
paim claims to have had 5,000 outside long shareholders,
but, I think that the largest 10% of all outsider longs,
own 90% of all outsider shares, which is typical for pinkys.
So, those 500 'most faithful' + long believing paim pumpers,
just lost an average of $43,200 each, and are still happy,
and believing, and pumping. And, in 7 months,
it would have been $86,400 worth of the old Preferreds.
To me, this means 1 thing. The only1 paim insider
will never give anything of value to paim outsiders.
And, She already admits that She hides all of the "gold"
that She has ever pretended to mine, or find,
or process for her locol minors.
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