Replies to post #43108 on Prom Resources Inc (PRMO)

[CJazMitchell]

haha, no, you did not hit a nerve because you are right, it is the same noise! But, my post was intended to show people that taxes are multidimensional, not single dimensional. Its not as simple as pay x% of what you make like people on this board have been inferring. I was trying to show that the "tax reasons" for not continuing the sale in the PR in question provided no information and people on here should not speculate as to what that means becuase it could be several things.

And I am in the same boat as you, I was trying to make excuses for PROM since November and my patience too is growing thin. I am begenning to think this is a fraudulant company. However, I knew this was a high risk/high reward investment and I plan on making a huge return on this stock or lose my entire investment. I am not selling at a 50% loss on the possibillity of a R/S.

[bigBmakesmoney]

Let me get this straight:
1. No sales due to "deferred Tax asset/liability reasons" which is it Asset/Liability and please explain??

2. "Jumping into a higher Tax Bracket"--so I better not ask for that raise, as it will put me in a higher tax bracket??--Stay on welfare??--No more PROM Gold sales this year to avoid a higher Tax Bracket--sorry folks??

3. "Uncertainty regarding future Tax Laws"-- Check with the IRS--Congress could not decide on our Tax Laws until December, 2010--but I still looked to make money during this period. Glad I don't mine in a foreign country??

What are the REAL FACTS?? IMO