Marking the board keeps us in your Favorites tab, so you can easily find new posts and view any updates, you don't want to miss our reverse merger alerts:
Great board here rb1! PFMS will be a nice rm/tenbagger, fits perfectly!
8k will be out during the next days, very low float, huge short position to be covered (was on RegSHO) .
Certificate of Designation for 4,000,000 shares of Convertible Preferred Stock (Series D) with a par value of $1.00 per share. Filed February 2, 2010 State Of Nevada $175.00 filing fee
Interpretation by Iglatend ((IHUB user): PFMS has created 4 million series D shares. Reading the filing closely gives me the impression a reverse merger is definitely happening here. A very important point is the conversion rate is 1 series D to 1 common. Meaning they are NOT getting a millions of common shares to dump if they choose to convert. The valuation on these series D shares is $1.00/share. They would never convert unless PFMS is trading over a dollar a share. Why issue these? Read the info regarding preference to the Series D shares in the event of a merger. They will get paid well if/when the merger takes place. This will not hurt the common shareholder. After reading this filing, I am more confident a reverse merger is going to happen and happen in a matter of weeks at this point. This is all my opinion and my own interpretation. Read the filing and see what you think. It all adds up now though.
Lists Matthew Diehl as President, Secretary, Treasurer, and Director of PFMS. This should be PR'd any day. Diehl could have purchased this shell for a number of different reasons, which should become clear in the next few days.
My Conversation with Diehl: ----------------------- To set a little history and Owe this story line to DenverBruin and Smitter. We all speculated about the going ons at PFMS with Diehl taking over. Some facts: 1. Diehl has officially taken over PFMS, an 8-K should come out shortly. 2. He registered the address with the same address as Tapslide a.) Tapslide being run by both Aaron Lamkin(CEO) and Matt Diehl(COO). 3. Matt started a new website called app vineyard and it essentially is a replica of the Tapslide web.
Question is WHAT is Diehl going to do with PMFS? His background is tech and he has the skills to maybe take PMFS and evolve it in some fashion. Even this would be good. BUT
As DenverB pointed out to me He believes Lamkin is into Wine B. and that Diehl might be a part of that. I agreed based on the info I found and confirmed by DB and Smitter.
4. Tapslide has been in the position of making offers to Napa vineyards. It's been filed and from what I understand in the works. 5. Why would the CEO of Tapslide let Diehl (as has been posted on here) use the same address for PMFS.
So I called Diehl in hopes of atleast telling my story and hearing his reaction because I new I might not be able to get the future story yet. ----------------------- Below is my PM to both DB and Smitter last night. ---------------------- He returned my call tonight just as I was taking the kids to the fair. So on speaker phone in my car he got to say hello to my kids as they told him they were going to the fair. Funny. He was very good about that and even told them to have fun at the fair.
I introduced myself and told him what I do and expressed how I was introduced to PFMS by a friend. Explained a little about my investment strategy in pennies and was blunt about the fact that this was a reverse merger play. However, I said depending on what the future plan is will play significantly not only in the pps jump to come but in the strength of those that hold on for the new business. As he obviously knows too.
He agreed and explained, what we all know, that he purchased etc....and paperwork submitted etc.. He also said because of it being a public company and rules he might not be able to tell me much more.
I understood and said I would like to tell him what my thoughts were about PFMS, his business, his history as I know, his connections with Lamkin and Lamkin's story as I knew it. Essentially I said because it was an RM I couldn't tell if PFMS was going to be changed or evolved but in either case his background with technology I could see him evolving PFMS in a similar form of what it currently is. I then related it to Lamkin, Tapslide, vineyard offers, etc. I concluded that if that was the direction that the wine business as they know is tough, but I am a wine lover, collector and can appreciate that direction. There are many new vineyards doing very well here in VA.
We conversed back and forth about wine and history. He let me know that Lamkin's wife's maiden name, Turnbull, is similar but not related to the Turnbull vineyard in CA. He said that Lamkin is very connected in the wine industry and confirmed as stated in filings that Tapslide was pursuing vineyards in Napa. He also confirmed that he was working with Lamkin on this and that it was the goal of PFMS to reverse into this business. (there's our confirmed link to lamkin and wine)
And after all that, Good "that", I was being pulled by my kids yelling they wanted to go watch the pig scramble (yes I said pig scramble) and forgot to ask him about timing of putting out a PR to introduce himself and ID something about the future!!!! Will send him an email.
This gives me more comfort. Obviously beyond an RM they have to prove it's worth reinvesting in them.
News 
Market Data 
Discover 
