This Board is Closed.

NAME/SYMBOL CHANGES
DL Date Date Old Symbol/Name New Symbol/Name
4/18/2008 4/21/2008 PMEI Palomar Enterprises, Inc. Common Stock AGEL Angel Acquisition Corp. Common Stock

See #board-14965

It looks like the SEC finally caught up with the Palomar boys Steve Bonenberger and Brent Fouch. They ran Palomar Enterprises (now Angel Acquisition, AGEL) the Blackhawk fund (BHWF). The SEC finally just caught up with them.

http://www.sec.gov/litigation/complaints/2008/comp20673_angel.pdf


Just put in the names Steve Bonenberger and Brent Fouch and see which other companies they are involved with.

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpSearch.aspx

Quite a disparity between the bid and the ask. lol

actually 124,900 % , now serve up a bid

woohoo up 24,900%

now if they can just move the bid

old news(2004-2006) and penny stocks are meant to hold long, it is now 2008, by the way i made a 5 bagger last year on this and its sibling bhwf, don't see your posts warning people not to make between 500-800% last year on this stock, so u had a bad play at the time, move on, this is 2008 and this stock is back in play, especially with outstanding shares now less than 2 million

GLTA

$-SAVER---

IS THIS CO. A SCAM--U BE THE JUDGE;


Yes, this is a horrible scam, I do not know how something this blatant can go on year after year after year and the powers that be just let it keep on going on. Surely the S.E.C. knows of the scams they are pulling, one right after the other, they simply change a letter of the alphabet in a sentence and keep going, ANYTHING and it's O.K. for them to keep collecting, selling shares that they have no intention of honoring, they must have zillions of shares on the street by now, o.k., I have an example from my own experience. I hope many people read this and pass it on;

On 04/02/2004 I purchased 1,250,000 144-RESTRICTED SHARES with the cusip # 697522 10 0. I have the cert. in my hand as we speak. It is a PALOMAR ENTERPRISES, INC. cert. Nice looking cert.It is signed by the "transfer agent". The agent is SIGNATURE STOCK TRANSFER INC.
[Plano, Texas] Transfer Agent and signed by someone there whom is supposed to be an Authorized Agent, I cannot make out the signature as it is one of the scrolled type. It is signed by the President and CEO Steve Bonenberger.

I spoke with him I think 2005-6 about the CERT I have, the amount of money I paid for the shares [1,250,000] was $5,000 04/02/2004. In 2005-6 they sent me an envelope requesting the SHARE CERT for a palty sum that I don't remember how much it was, very,very little. I called them on the phone---Mr. Bonenberger, I told him and them that I would not give them the CERT for anything less than the $5,000.00 I had paid for the shares. So, I still have the CERT.

YESTERDAY, I recieved another envelope informing me that the shares had been reverse split 02/04/2008---@ the rate of 300 to 1, and that I am supposed to fill out the papers they sent, sign them and send them back like a good little boy, # 1--you do not sign ANY thing when a company decides to split---they split, nothing a shareholder has to sign, unless the shareholder is holding a major or majority number of shares of the company, #2--as in my situation, this is the 2nd, [second] time they have attempted to aquire my CERT and not pay for it. There is a limit on 144-RESTRICTED SHARES, I believe it is 5 years, their time is getting short and I'm sure they are trying to get as many of the 144-RESTRICTED shares back as they can.

The symbol was PLMR, it has been changed numerous times and now in the "official" papers I rec'd from the tranfer agent [same one by the way--in Texas] that the symbol now is PMEI.OB.

I told Mr. Bonenberger years ago, "you will pay my grandson or his son a handsome fee for this CERT in time, you will NEVER, EVER get it from me, my grandson's will live good off you and your scams if you are still in business.

That's the way it was Jasoner, and it still is and nothing will change that condition other than Mr. Bonenberger buy my Cert now. Oh, the CERT PRICE TO Mr. BONENBERGER IS NOW $15,000.00. He may purchace it now with an electronic deposit to my bank acct. or he may wait for my grandson's [2] of them to deposit in their bank accts. in the future.

I hope this will help some out there with these people for they have been doing this to the public for years and no-one seems to care.

tenn21

http://www.palomarenterprises.com/

http://www.thepalomargroup.com/

Press Release Source: The Blackhawk Fund ( owned by PMEI)

The Blackhawk Fund Signs National Broadcast Contract With Business Talk Radio Network
Thursday February 7, 9:00 am ET

CARDIFF, Calif., Feb. 7 /PRNewswire-FirstCall/ -- The Blackhawk Fund (OTC Bulletin Board: BHWF - News) announces the signing of a national broadcast contract with The Business Talk Radio Network. The Blackhawk Fund will produce and air a two-hour live radio program. The program title is Nexus: The Common Bond of Common Sense. The program will clear on The Business Talk Radio Network from 8-10 PM EST Monday-Friday. The program will also broadcast from 8-9 AM PST Monday-Friday.

The Business Talk Radio Network primarily targets an upscale, well-educated audience of adults 25-54 years old. BTRN'S talk programs consist of several consumer/business-oriented programs featuring topics such as personal finance, computer technology, vehicles, entertainment, dining and travel and more. BTRN'S programs are hosted by professional broadcast personalities who are experts in their respective business, financial or lifestyle fields.

For information regarding Nexus: The Common Bond of Common Sense, go to: http://www.blackhawkfund.com . If you would like to have your company and its products featured please contact the company directly.

The Blackhawk Fund is a principally owned subsidiary of Palomar Enterprises, Inc. (OTC Bulletin Board: PMEI - News). The Blackhawk Fund expects to file the 2007 10KSB audited financials within the next few days to keep shareholders current on The Company's progress. It is the intention of The Board of Directors to reduce the authorized shares, which will be voted upon at the next Board meeting, as a measure to increase shareholder value.

http://www.blackhawkfund.com

contact@blackhawkfund.com

775-887-0670


Source: The Blackhawk Fund

o/s less than 2 million

can we please get a moderator

lets see if this starts trading more next week

Income Statement PMEI
View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 30-Sep-07 30-Jun-07 31-Mar-07 31-Dec-06
Total Revenue 127 283 323 71
Cost of Revenue 82 243 212 46
Gross Profit 45 39 111 25
Operating Expenses
Research Development - - - -
Selling General and Administrative 1,017 619 2,108 507
Non Recurring - - - -
Others - - - -

Total Operating Expenses - - - -
Operating Income or Loss (972) (580) (1,997) (482)
Income from Continuing Operations
Total Other Income/Expenses Net - 32 (32) -
Earnings Before Interest And Taxes (903) (799) (2,003) (469)
Interest Expense 79 83 99 143
Income Before Tax (982) (882) (2,102) (611)
Income Tax Expense - - - -
Minority Interest 69 (251) 25 13

Net Income From Continuing Ops (982) (882) (2,102) (611)
Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -
Net Income (982) (882) (2,102) (611)
Preferred Stock And Other Adjustments - - - -
Net Income Applicable To Common Shares ($982) ($882) ($2,102) ($611)

please change to pmei, as this no longer trades under plma

once shares are transferred this may pull a paiv(jmcp),

which went up astronomical

Nothing happening after the reverse split. What about BHWF shares? PLMA goes DOWN, BHWF goes up? Aren't they basically the same company? What gives with these crooks? ANYONE know? Thanks.

At least now we can all buy again..
Finally can average down .
MM's have had a lock on this stock .
Some really shady sh@t goes on with these pennies..

http://biz.yahoo.com/prnews/080131/lath118.html?.v=70

Does PLMA still EXIST? Are owners locked up, and unable to post bail for illegal activities? WHERE are we with this stock? BHWF still seems to be in "bussiness". What gives?

ANY<== Idea what position PLMA is in financially? With the housing and loans taking a beating, does this help or hurt PLMA? Anyone see an upturn with this stock, or is it dead in the water? Thanks!

Palomar Enterprises Revenue Up 20% From Last Year
--------------------------------------------------------------------------------
PRNewswire
1:46 p.m. 12/10/2007
CARLSBAD, Calif., Dec 10, 2007 /PRNewswire-FirstCall via COMTEX/ -- Palomar Enterprises (PLMA), announces an increase in revenue of 20% for 3rd quarter, 2007 compared to the same period last year. Palomar has experienced consistent revenue growth over the past years due to The Company's execution of its business model.

Palomar Enterprises is a licensed real estate brokerage firm located in Southern California, which specializes in foreclosure properties and coastal development projects. The Company expects continued growth during the market cycle we are currently in, by identifying early stage foreclosures and purchasing them at substantial discounts to their market value. Palomar's strategy involves locating income-producing properties that can be held and managed with a positive cash flow, which can be sold at a premium at a later date when the real estate market rebounds and values have increased.

Investors interested in the foreclosure market may want to consider an investment into PLMA which is taking advantage of this cycle of the market we are currently experiencing. The Company sees this window of opportunity to carry through 2008 and expects to capitalize on these severely undervalued prices.

From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.

http://www.palomarenterprises.com

Investor Contact: (775) 887-0670


http://www.palomarenterprises.com


Copyright (C) 2007 PR Newswire. All rights reserved

Hope the hammer holds...

Thanks, PC

doesnt look good to me

http://www.sec.gov/Archives/edgar/data/1082822/000109328707000068/0001093287-07-000068-index.htm

Nice to see at least a little volume.

Yup, sounds great, I believe they have 90 days to actually do it. Sounds like a plan, especially if they truly believe there will be a short cover on this. They wouldn't want to submit that stuff right before that point, IMO. Glad you brought that up! Heck, they have a right to make some bones on this too.

1. Brent Fouch will sell the 2,397,487 shares in Palomar Enterprises, Inc. over the 90-day period beginning on 08/14/2007.
2. Brent Fouch will sell the 2,397,487 shares in Palomar Enterprises, Inc. at the market price of the common shares on the day of sale. The common shares currently trade at $0.005-$0.006 per share.
3. After the planned sale of all 2,397,487 common shares in Palomar Enterprises, Inc., is completed, Brent Fouch will own 17,290,012 shares in Palomar Enterprises, Inc.

1. Steven Bonenberger will sell the 2,397,487 shares in Palomar Enterprises, Inc. over the 90-day period beginning on 8/22/2007.
2. Steven Bonenberger will sell the 2,397,487 shares in Palomar Enterprises, Inc. at the market price of the common shares on the day of the sale. The common shares currently trade at $0.005-$0.006 per share.
3. After the planned sale of all 2,397,487 common shares in Palomar Enterprises, Inc. is completed, Steven Bonenberger will own 17,290,012 shares in Palomar Enterprises, Inc.

I see our old friend ARCA has returned with his big ask...

I am ready for some news on PLMA.

ARCA dropped huge ask order it had at .0038, just now...

Once again, ARCA sits on the ask at .004 with a huge order, and then out of the blue drops it...

Sweet, up 33%...

Someone finally took out the .003's...

Just disappeared, poof! Either we get some massive bid-whacking, or that could be a good sign. Or somebody just changed their mind...

ARCA had 600 on the ask at .004, and just dropped of the map...

Posted by: KingVegita2006
In reply to: None Date:10/8/2007 8:58:07 AM
Post #of 14633

Reg SHO Change related to Sell Short Exempt Orders
______________________________________________________________________
Effective Friday October 5, 2007, as part of an industry wide change associated with recent amendments to Regulation SHO and SEC Rule 10a-1 communicated in Exchange Act Release No. 55970 (June 28, 2007), the Chicago Stock Exchange, Inc. will no longer accept Sell Short Exempt Orders. These orders will be rejected back to the order sending party.

Participants are reminded that previously marked sell short exempt orders should be handled as sell short orders as of the October 5, 2007 effective date.

Please contact the undersigned at (312) 663-2548 or the CHX Help Desk at (312) 663-2111 with any questions concerning this notice.

Marguerite Donovan
Vice President, Equity Surveillance
Source: http://tinyurl.com/3a9722
************************************************************


Grandfather Provision Eliminated
October 15th
Readers here is why October 15th is a historic date for all stocks. On this date a major countdown begins for failed to delivers. This will change the entire markets!
SEC Regulation SHO sets out rules governing short sales, including the mandatory close-out requirement that applies to securities in which a substantial amount of fails to deliver have occurred (“threshold securities”). Clearing agency participants and broker-dealers for which they clear positions (“participants”) must take immediate action to close out a fail to deliver position in a Threshold Security that has lasted for 13 consecutive settlement days by purchasing securities of like kind and quantity (“close-out requirement”).
The amendment eliminates one of the exceptions to the Close-out Requirement for fails to deliver established prior to a security becoming a Threshold Security (“grandfather provision”). The amendment requires Participants to close out any previously-grandfathered fails to deliver in a security that is on the Threshold Security List on October 15th. The close-out must occur within 35 consecutive settlement days of October 15th. If a security becomes a Threshold Security after October 15th, all fails to deliver must be closed out within 13 consecutive settlement days.
SEC Link: http://tinyurl.com/2ofmao
Regulation SHO Pilot Security List
"To assist firms with compliance, NASDAQ added all NASDAQ-listed securities to the Regulation SHO Pilot List and maintained the list on line. To further accommodate firms, NASDAQ, will continue to maintain the list for the Reg SHO price test change until October 4, 2007. In addition, effective October 5, 2007, broker-dealers will no longer be able to mark sales “short exempt”; instead all short sales must be marked “short”."
Regulation SHO Threshold Security List



--------------------------------------------------------------------------------
Any comment provided is my personal assessment of the indicated stock and should not form the sole basis of any buy or sell decision making by any reader.

October 1, 2007 - 8:30 AM EST
Palomar Enterprises Finalizes Share Buyback Plan
CARLSBAD, Calif., Oct. 1 /PRNewswire-FirstCall/ -- Palomar Enterprises, Inc. (OTC Bulletin Board: PLMA), today announced that The Company has finalized their stock buyback program. The stock buyback programwill begin immediately. The execution of the stock buyback plan will be used to continue to reduce the number of shares outstanding in the common stock of Palomar Enterprises, Inc. In August 2007, Palomar retired 350 million shares of common stock.
Beginning immediately, Palomar Enterprises, Inc. will begin repurchasing shares of common stock from the open market. This will be done through compliance with Rule 10b-18. Funding for the buyback program will come from available working capital. While no specific number of shares or price has been set for the plan, the purchases and the timing of those purchases will depend on cash balances available to do so. And, the plan will be executed over the next several months.
The Company intends to continue to reduce the number of common shares outstanding over the next several months. The Company is committed to building value for its loyal shareholders.

LOL thats funny.

I have been doing pretty darn good with it. Buy low, sell high, pretty easy. Sorry bout your problems.

PLMA is like the roach motel....you can check in but you can't check out (alive).

Talk about a wide spread, .0028 X .005....

Nope not alone, picked a few up at .003 after the news. Etrade makes you call it in (what a pain). I did not get a complete fill, but good enough GL

Cool, I am not alone, lol. GLTY!

Weeeeeeeeeeeeeee

Weeee?

I finished buying last week, lol. GLTY!

Couldn't be for much! Volume today is only 8,000 shares total!

GL, however.

I am back in. Time to move this up now. GLTA!

Thats the same trick they tried in BHWF back in march I think it was. They had a pr stated the os was reduced from 30m to 25m. The next filing they added another 200m plus lol
if they reduced this by 350m then they will increase it by 1b soon ..beware their history is nothing but dilution and they are at it again IMO

I guess we are seeing a demonstration of that right now. They are just showing off. Not to worry. This thing will straighten out and fly right.