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Greta Grabo

12/15/07 3:53 PM

#52307 RE: gail #52306

Ok, So you make good money in 06, lost it on paim (so did family and friends) so you have this stock and think Pearl has learned the error of her ways and you send other money to her (outreach). She told you no dilution, maybe even said no r/s and you now believe her. well you are correct I don't know you or your story. I know of mine and many others, all I have to say is I will keep your post and next month when it is down in penny or even sub penny land, I will come and see how you feel about Pearly then. Good luck, I truly hope it works out for you.
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crashman

12/15/07 3:53 PM

#52308 RE: gail #52306

gail, do you have me on your ignore list? It seems like we both are watching at least 2 ot the same stocks together. Although I'm on the other side of your fence on all of them a converation might be enlightening.
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TheNoviceChicago

12/15/07 7:20 PM

#52321 RE: gail #52306

Mosly what I see from that is you were shocked that the company paid .00002 for shares that you paid at least 10 times as much for. You should have been shocked in a negative way that they were able to even DO that. Somehow you think of it as free cash. Go back and look at how much you paid for those shares that got you $380. See what a great deal it was. See how much faith that gives you.
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janice shell

12/15/07 8:19 PM

#52327 RE: gail #52306

i got lucky, i had no idea if i should hold or convert my shares.. i converted, i KNEW that they didnt have to honor it. even I knew that from day one.

Then you "knew" wrong. They had an absolute obligation to convert your CD and preferred, if that's what you wanted.

so, i sold it at .0004.. and the fact they sent me my buy back money to my acct?????

Once again, they'd made a commitment, and were obligated to honor it. If they hadn't, shareholders could have sued. And they would have won.