Replies to post #41887 on Prom Resources Inc (PRMO)

[DC168]

Quote:" Why did they increase share count to 20 Billion"

My explanation is that when PRMO's OS reached close to 10B, they ensure the AS is double the OS amount. This can avoid hostile take over. It seems they are worrying someone may try to buy out.

The current OS is 8.4B. There is rumor it has been increased to 10.3B The AS is 20.5B. Theoretically, no chance for hostile take over. This is just my opinion.

[DC168]

Quote:" What are they hiding? Why won't they answer their phone messages from shareholders? Why won't they answer their emails from shareholders? "

First of all, they are hiding lots of vital informations. Such as Ghana mining operations details, mine production rate, gold bearing material inventory detailed info, $4.5M equipment details such as locations and photos, jewlery/gems exploration and marketting.

It seems some kind of phone answering services in Florida is taking messages for Dror. The mining operations are in third world countries. Very little activity in Florida. This is understandable for this answering service arrangement.

I imagine there has been hundreds of e-mail messages being sent to Dror's attention. He only replied twice in the last 3 year. His reply in December 2010 is a positive sign of improvement in communicating with shareholders. Hopefully more e-mail reply in near future. (I can only hope.)

[peacebringer45]

100,000,000,000 = $10 Million = Kaboom