Replies to post #20404 on PAO Group Inc (PAOG)

[Zardiw]

That statement is BS. They knew very well we were watching the TA like a hawk. We would have known instantly what they did.

So that statement of their increasing the OS can hardly be called 'being up front'. They were just covering their asses....lol.

There is a large LACK of transparency here. This is a black box, and it's extremely difficult to find out what is going on in there....a little info comes out about deals, whatever, but none of that has been publicly disclosed by the company.

We don't know what the true share structure is for instance. Sure, they tell us what the O/S is, but what about the preferreds??? Who owns those? What is the conversion rate there? And most important, what are the terms of those preferreds???? And last, are there any convertible notes????? And what are the terms of THOSE???

I'm using a very long spoon in dealing with this company from now on..............z

PS. The only good thing is that they apparently backed off on the selling......it remains to be seen how far....but I would bet they got a collar around her neck, and that she's on a short leash...........z

[Threeflight]

That's ridiculous. They Pr'd the OS increase AFTER market close on a day that the TA reported the OS at 255 M. Then the next day it jumps to 359 M or whatever it is now. There was no chance to sell in between the PR and the TA reported increase.

They did it this way so that it wouldnt "surprise" anyone so to speak, but still did it in a way that no one could sell unless they wanted to into a huge gap down.

[areukidding]

Just maybe they already dumped them and told everyone after the fact not before... You and I don't know for certain but the track record of the T/A with this previous shell owner make this very very similar...History Tends to report itself and ADCS seems to be following a pattern of the past companies...IMO