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ZNXT - Znext Mining Corp. (old PAIM) - Page 22

post #421 of 429
Quote:
Originally Posted by bojambles View Post
NASD has set and announced December 11, 2007 as the effective date for the 500 for 1 Reverse Split of the common stock of Pearl Asian Mining Industries, Inc. and the 75 for 1 Reverse Split of the preferred stock of Pearl Asian Mining Industries, Inc.
Well ain't that something. PAIM finally called a reverse split a "reverse split". They've done dividends, gimme backs, convertible retractable share poofs, and every other trick - but not a straight out R/S. Something must be wrong for them to go this far.

All the previous R/S trickery caused some people to be short, based on leaving sell orders active through the "share recall" and whatnot... but this time brokers will behave more promptly with a more regular R/S. I'll be skeptical and say it shouldn't have as much mayhem as before - unless they throw in some new hype. I'll really pissed about the R/S of the preferred shares...

but is the previous preferred share reduction in effect? It was like a 100 million to one R/S of preferred. If that's gone, the R/S of preferred is 75 to one only, that ain't so bad. I didn't really need billions of anything anyway.

BTW - BKMP SUCKS for the same reason, taking back preferred shares after giving them.
post #422 of 429
Quote:
Originally Posted by Shamantiks View Post
Well ain't that something. PAIM finally called a reverse split a "reverse split". They've done dividends, gimme backs, convertible retractable share poofs, and every other trick - but not a straight out R/S. Something must be wrong for them to go this far.

All the previous R/S trickery caused some people to be short, based on leaving sell orders active through the "share recall" and whatnot... but this time brokers will behave more promptly with a more regular R/S. I'll be skeptical and say it shouldn't have as much mayhem as before - unless they throw in some new hype. I'll really pissed about the R/S of the preferred shares...

BTW - BKMP SUCKS for the same reason, taking back preferred shares after giving them.
Welp, thats why we don't invest in these stocks. We sit around and watch, and when the opportunity presents itself, we get in and get out as fast as we can taking our profits with us.

The last several buybacks have presented really good opportunities, and I am guessing that this time will be no different. We shall see...
post #423 of 429
i bet nobody is selling because none of the conversions went through yet. oh, and for some odd reason the ask ticked up a penny..
post #424 of 429
reverse split? kinda cool
post #425 of 429
I was just curious what happened to this one. I see the new symbol after the R/S is ZNXT.

Couldn't find any thread for ZNXT nor any younger than this one for PAIM.

I suppose PAIM is dead now?

Guapo
post #426 of 429
nothing's changed in HSM i still see the same stocks that you guys been playin for years.... and all of them suck..
post #427 of 429
Quote:
Originally Posted by manchiald View Post
nothing's changed in HSM i still see the same stocks that you guys been playin for years.... and all of them suck..
Manchiald,

Oh, I never played PAIM.

I cautioned folks to stay away from it. Was just wondering if the thread was still active on HSM.

Guapo
post #428 of 429
yea paim is dead. made a quik buck in it for a while but my mistake was to keep the free shares and not take the profit then got screwed when they converted to znxt. still have my pretty stock certificate they sent me for my 30 million dividend shares lol
post #429 of 429
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