To: creede who wrote (611 ) 5/2/2009 8:01:30 AM From: rrufff Respond to of 736 We often discuss the typical pinkie chart, you know the pattern. Start with a quasi IPO, that may be the result of a reverse merger. There will be a jump in share price after a long period of lull. It doesn't take much volume to get the share price way up there. It may coincide with a promotional campaign or it just may seem to happen out of thin air. Then the volume really starts coming in and the share price may run a bit more but you can see the acceleration rate decrease. The inevitable happens and gradually, actually not so gradually, the ski slope formation shows itself and the end result is .0001 or even worse, the dreaded massive reverse split. I received a random solicitation on PXCE in March, ignored it at first, but happened to be watching the movie "Boileroom" so I decided to follow-up. There was not a lot of information, rather vague references to text messaging technology and the billions of texts. The company apparently did not even have the technology but was going to merge and create a monster. Share prices of 14 and higher were indicated. I found it hard to believe that this happens today and posted brieflysiliconinvestor.com Now the SEC has halted PXCE. That's good, but unlike those who merely "cut and paste" the obvious, I've often called for transparency and drastic changes in our markets. The very least would be a requirement that the capital structure be totally open before a stock can trade. If there are changes and shares to be dumped, this should be published on Edgar IN ADVANCE. This would go a long way to stopping the rape of the public shareholder. It would make life easier for the SEC. Instead of the rejoicing over the obvious scam, those who pretend to be "do gooders" perhaps should focus on changing the system. There should be transparency in capital structure. But there also should be transparency in settlement and no more artificial supply created by naked shorting. But that's an argument for another day. MM and specialists would have to be bound by 21st century technology and efficiencies. I notice that there seem to be connections between PXCE and another stock that is running GSAE. I haven't done any research on the latter, other than to look at the chart and a few posts. The typical chart, of which I posted, seems to be forming there also. I suspect it will end poorly for those invested. It doesn't take a lot of "cut and paste" to see this. One merely has to know the rules, or lack thereof, and see the chart. The system needs changing. For so long, these boards seem to waste time pointing out obvious scams with "cut and paste" blather that gets lost in the electrons of self-adulation. If the system were changed, requiring full disclosure at each step of the selling of shares, then perhaps a lot of our self-styled "cyber sleupps" could retire and get lives.