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Microcap & Penny Stocks : PMGIF - Creating Internet Site for SPICE Channel (PLAYBOY) -- Ignore unavailable to you. Want to Upgrade?


To: JOE P who wrote (52)5/1/1999 9:38:00 PM
From: Brad  Respond to of 139
 
Joe, I'm also holding a chunk of PMGIF (at a higher price) and waiting. I, too, like what I have learned about the situation and I like the possibilities here.

I thought Jacalyn Deaner's post #49 looked like a positive thing for PMGIF. I actually added to my position after that.

I could be wrong, but I'm a "risk taker" and I like the chances here.



To: JOE P who wrote (52)5/24/1999 8:51:00 AM
From: Jacalyn Deaner  Respond to of 139
 
To: Jacalyn Deaner
From: Jacalyn Deaner
Monday, May 24 1999 8:50AM EST
-Preview-

The results of operations for the three
months ended March 31, 1999 are not necessarily indicative of the results to
be expected for the full year. These statements should be read in conjunction
with the Company's annual report on Form 10-KSB for the year ended December
31, 1998.

The above statement from the May 20, 1999 SEC filing indicates that together with the
documents filed in December 1998 and the above dated document filed, they expect
things to change. For their sake I certainly hope so. I'll see if they have been banned
from trading on the canadian exchange temporarily and post whatever I find.

As of the end of 1998, Princeton had no operations. All amounts shown for the
period ended March 31, 1998 represent discontinued operations. In the prior
year, all significant intercompany transactions and balances have been
eliminated in consolidation. In the opinion of management, the accompanying
unaudited interim consolidated financial statements contain all adjustments
(consisting only of normal recurring accruals) necessary to present fairly the
financial position as of March 31, 1999, and the results of their operations
in 1999 and discontinued operations of 1998 and their cash flows for the three
months ended March 31, 1999 and 1998. The results of operations for the three
months ended March 31, 1999 are not necessarily indicative of the results to
be expected for the full year. These statements should be read in conjunction
with the Company's annual report on Form 10-KSB for the year ended December
31, 1998.

2. Basic and Dilutive Loss Per Share

Net loss per share is computed using the weighted average number of shares of
common stock outstanding. Common equivalent shares from stock options and
warrants, and additional shares assuming the conversion of debentures and
preferred shares, are excluded from the computation as their effect is
antidilutive.

For the three months ended March 31, 1999, cumulative dividends of $11,000
related to preferred Series C have been added to net loss in the loss per
share
computation.

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