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Palomar Enterprises Inc. noch mit Potenzial!
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@Palomar, haben den Doji nicht nach oben aufgelöst und pendeln zwischen 0,04 und 0,06 im Moment...in meinen Augen Einstiegskurse...Volumen hat in den letzten 3 tagen abgenommen ist aber immer noch deutlich höher als davor...
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NoRisk
December 6, 2006 - 9:30 AM EST
PLMA 0.004 0.00
Palomar Enterprises Announces Update to Shareholders
CARLSBAD, Calif., Dec. 6 /PRNewswire-FirstCall/ -- Palomar Enterprises, Inc. (OTC Bulletin Board: PLMA), has provided the following review and update of information for shareholders of Palomar Enterprises, regarding their new business model as well as Company restructuring.
Over the last few months, we have decided to move forward with a new business model and to restructure Palomar Enterprises. This restructuring is being done in a fashion that will maximize our effectiveness in the marketplace as well as provide tangible benefits to our shareholders in the form of stock dividends. In addition to dividends to shareholders, we expect Palomar to continue its growth in an exponential fashion with regard to our bottom line. Each area of our initiatives are outlined as follows:
Stock Dividends
Our wholly owned subsidiary, The BlackHawk Fund (OTC Bulletin Board: BHWF) will be spun off into its own publicly-traded entity and a dividend paid to our shareholders of record. The BlackHawk Fund (www.blackhawkfund.com) operates as a Business Development Company, by incubating, developing, and acquiring Portfolio Companies that are synergistic with The Company's business model. The BlackHawk Fund takes a lead role in the financing, development, and management of these Portfolio Companies in return for a majority equity interest in each company. Once the Portfolio Company has succeeded in its business plan, The BlackHawk Fund will assist in the process of taking the Portfolio Company public. This will enable the portfolio company that is spun out to obtain a higher market valuation for the equity position held by The BlackHawk Fund. As mentioned in our November 28th, 2006 news release, a dividend in each one of the portfolio companies will be paid to shareholders. At this time, The BlackHawk Fund has signed a Business Development Agreement with Maximum Impact Television Group. The Black Hawk Fund will receive 100% of the revenue and share in the profits from all media properties produced with Maximum Impact, which had annual sales of $13 million last fiscal year. Maximum Impact Television Group has several media properties and cable television shows that will be acquired and spun off into their own publicly traded entities by The BlackHawk Fund. The key point is that shareholders of Palomar Enterprises, as of the record date will receive a dividend of registered shares of The BlackHawk Fund.
While the specifics are not public knowledge yet, Palomar Enterprises is setting up yet another fund similar to The BlackHawk Fund that will also be spun out and publicly traded later next year. So the bottom line is, ownership of Palomar Enterprises will allow their shareholders ownership in several companies over the coming 6-18 months. Details regarding this new fund will be forthcoming in the following months.
Finally, while many companies have pursued this same strategy (or announcing that they were), we are one of the very few that actually have the resources to produce the results we are expecting and communicating to our shareholders. Our spun off companies plan to be fully reporting and trading on the OTC BB.
REAL ESTATE
The main core of Palomar Enterprises' business is real estate. We currently have over $2,000,000 in real estate holdings that will be sold over the next few months that will generate nearly a half of a million dollars in profits. The biggest part of our business that we foresee generating significant revenue and profits is the ever-increasing foreclosure market in the Midwestern US. We expect the foreclosure market growth to continue for the next 3-5 years. We have worked very hard to get ourselves positioned with HUD agents and bank owned properties, to take advantage of this increasing foreclosure market. Our last two quarters have reflected the success of this part of our business. We have bought and sold foreclosed residential properties in the Midwestern US and have increased our profit margins during the last 6 months. Essentially the way the business works is: We purchased properties at 20% to 40% below market values. Following completion of minor cosmetic improvements, the properties are immediately placed on the market for sale. The Company now has a backlog of qualified buyers seeking to purchase the inventory of properties acquired by Palomar for resale. Palomar has purchased several more properties over the last 2 months. These properties are being upgraded and will be sold over the next 2 to 3 months. We will continue to cycle these properties as well as increase the number of properties we are looking at purchasing over the next several months. We are also going to expand our foreclosure business into Southern California where the opportunities for larger profits are much greater. We also have other properties that will be utilized for development of a wide range of housing options in the Southern California area. And, in the near future, we expect to announce new relationships that will take our foreclosure business division to a level significantly higher than we are currently operating at.
Financial Results
Palomar Enterprises, Inc. has reported gains in revenue of 67% in the third quarter 2006, compared to the same period 2005. Our revenue increase was a result of successful implementation of our real estate plan outlined above. More specifically, our revenues of $612,177 for the first three quarters of 2006 were significantly higher (42%) than the same period a year ago. As far as the bottom line is concerned, our gross profit for the nine months ending 9-30-2006, compared to the same period last year increased to $222,253, up from $109,980 for that same period of a year ago. So clearly, we are headed in the right direction. We expect to continue this growth through the fourth quarter of this year and for at least the next few quarters.
Business Development
We have pretty well covered this but essentially we are going to develop our businesses in the following fashion:
- Growth of Palomar Enterprises will be through revenues generated by our
growing real estate business as well as our ownership of Funds which
will be developed and spun off. A dividend of shares will be paid to
our shareholders in each one of these Funds that are established.
- Growth of our publicly traded funds will be generated through
acquisitions, incubation then ownership of the spun-off companies.
And, again, shareholders of the Funds will receive a dividend of shares
of each company spun off from the Fund.
- Shareholder value will be established by ownership of Palomar which in
turn, will lead to ownership in the publicly traded funds as well as
the spun off companies from those Funds. Again, our spun off Funds
will be publicly traded OTC BB companies.
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.
www.palomarenterprises.com
SOURCE Palomar Enterprises, Inc.
Source: PR Newswire (December 6, 2006 - 9:30 AM EST)
News by QuoteMedia
www.quotemedia.com
:-))
NoRisk
www.stocksexperience.de
PLMA 0.004 0.00
Palomar Enterprises Announces Update to Shareholders
CARLSBAD, Calif., Dec. 6 /PRNewswire-FirstCall/ -- Palomar Enterprises, Inc. (OTC Bulletin Board: PLMA), has provided the following review and update of information for shareholders of Palomar Enterprises, regarding their new business model as well as Company restructuring.
Over the last few months, we have decided to move forward with a new business model and to restructure Palomar Enterprises. This restructuring is being done in a fashion that will maximize our effectiveness in the marketplace as well as provide tangible benefits to our shareholders in the form of stock dividends. In addition to dividends to shareholders, we expect Palomar to continue its growth in an exponential fashion with regard to our bottom line. Each area of our initiatives are outlined as follows:
Stock Dividends
Our wholly owned subsidiary, The BlackHawk Fund (OTC Bulletin Board: BHWF) will be spun off into its own publicly-traded entity and a dividend paid to our shareholders of record. The BlackHawk Fund (www.blackhawkfund.com) operates as a Business Development Company, by incubating, developing, and acquiring Portfolio Companies that are synergistic with The Company's business model. The BlackHawk Fund takes a lead role in the financing, development, and management of these Portfolio Companies in return for a majority equity interest in each company. Once the Portfolio Company has succeeded in its business plan, The BlackHawk Fund will assist in the process of taking the Portfolio Company public. This will enable the portfolio company that is spun out to obtain a higher market valuation for the equity position held by The BlackHawk Fund. As mentioned in our November 28th, 2006 news release, a dividend in each one of the portfolio companies will be paid to shareholders. At this time, The BlackHawk Fund has signed a Business Development Agreement with Maximum Impact Television Group. The Black Hawk Fund will receive 100% of the revenue and share in the profits from all media properties produced with Maximum Impact, which had annual sales of $13 million last fiscal year. Maximum Impact Television Group has several media properties and cable television shows that will be acquired and spun off into their own publicly traded entities by The BlackHawk Fund. The key point is that shareholders of Palomar Enterprises, as of the record date will receive a dividend of registered shares of The BlackHawk Fund.
While the specifics are not public knowledge yet, Palomar Enterprises is setting up yet another fund similar to The BlackHawk Fund that will also be spun out and publicly traded later next year. So the bottom line is, ownership of Palomar Enterprises will allow their shareholders ownership in several companies over the coming 6-18 months. Details regarding this new fund will be forthcoming in the following months.
Finally, while many companies have pursued this same strategy (or announcing that they were), we are one of the very few that actually have the resources to produce the results we are expecting and communicating to our shareholders. Our spun off companies plan to be fully reporting and trading on the OTC BB.
REAL ESTATE
The main core of Palomar Enterprises' business is real estate. We currently have over $2,000,000 in real estate holdings that will be sold over the next few months that will generate nearly a half of a million dollars in profits. The biggest part of our business that we foresee generating significant revenue and profits is the ever-increasing foreclosure market in the Midwestern US. We expect the foreclosure market growth to continue for the next 3-5 years. We have worked very hard to get ourselves positioned with HUD agents and bank owned properties, to take advantage of this increasing foreclosure market. Our last two quarters have reflected the success of this part of our business. We have bought and sold foreclosed residential properties in the Midwestern US and have increased our profit margins during the last 6 months. Essentially the way the business works is: We purchased properties at 20% to 40% below market values. Following completion of minor cosmetic improvements, the properties are immediately placed on the market for sale. The Company now has a backlog of qualified buyers seeking to purchase the inventory of properties acquired by Palomar for resale. Palomar has purchased several more properties over the last 2 months. These properties are being upgraded and will be sold over the next 2 to 3 months. We will continue to cycle these properties as well as increase the number of properties we are looking at purchasing over the next several months. We are also going to expand our foreclosure business into Southern California where the opportunities for larger profits are much greater. We also have other properties that will be utilized for development of a wide range of housing options in the Southern California area. And, in the near future, we expect to announce new relationships that will take our foreclosure business division to a level significantly higher than we are currently operating at.
Financial Results
Palomar Enterprises, Inc. has reported gains in revenue of 67% in the third quarter 2006, compared to the same period 2005. Our revenue increase was a result of successful implementation of our real estate plan outlined above. More specifically, our revenues of $612,177 for the first three quarters of 2006 were significantly higher (42%) than the same period a year ago. As far as the bottom line is concerned, our gross profit for the nine months ending 9-30-2006, compared to the same period last year increased to $222,253, up from $109,980 for that same period of a year ago. So clearly, we are headed in the right direction. We expect to continue this growth through the fourth quarter of this year and for at least the next few quarters.
Business Development
We have pretty well covered this but essentially we are going to develop our businesses in the following fashion:
- Growth of Palomar Enterprises will be through revenues generated by our
growing real estate business as well as our ownership of Funds which
will be developed and spun off. A dividend of shares will be paid to
our shareholders in each one of these Funds that are established.
- Growth of our publicly traded funds will be generated through
acquisitions, incubation then ownership of the spun-off companies.
And, again, shareholders of the Funds will receive a dividend of shares
of each company spun off from the Fund.
- Shareholder value will be established by ownership of Palomar which in
turn, will lead to ownership in the publicly traded funds as well as
the spun off companies from those Funds. Again, our spun off Funds
will be publicly traded OTC BB companies.
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.
www.palomarenterprises.com
SOURCE Palomar Enterprises, Inc.
Source: PR Newswire (December 6, 2006 - 9:30 AM EST)
News by QuoteMedia
www.quotemedia.com
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NoRisk
www.stocksexperience.de
und man bekommt noch paar Aktien hinzu :-)
Palomar Enterprises in Receipt of NOBO List
Palomar to Set Dividend Date of First Spin-Off Next Week ...
CARLSBAD, Calif., Dec. 12 /PRNewswire-FirstCall/ -- Palomar Enterprises, Inc. (OTC Bulletin Board: PLMA), today announced that The Company has received the NOBO list (Non Objecting Beneficial Owner) of its common shares from ADP Investor Services. The NOBO list will be used to determine the naked short position in Palomar's common stock. Palomar's NOBO list will be compared to the Depository Trust Account (DTC) for Palomar. The DTC contains data regarding all brokers and amounts of shares being held for investors. Additionally, Palomar has ordered the NOBO list (Objecting Beneficial Owner), which will be used to get a total amount of shares owned by all shareholders. The findings will then be reported to the NASD (National Association of Securities Dealers) to take action against the violators of the naked short regulations.
BlackHawk Fund Dividend to Shareholders
Our wholly owned subsidiary, The BlackHawk Fund (OTC Bulletin Board: BHWF) is in the process of being spun out to shareholders. The BlackHawk Fund is already being traded on the OTCBB under ticker symbol BHWF. This week, Palomar will finalize the details and dates of the spin-off. Once this date is determined a dividend of the BlackHawk Fund will be paid to our shareholders of record.
The BlackHawk Fund (www.blackhawkfund.com) operates as a Business Development Company, by incubating, developing, and acquiring Portfolio Companies that are synergistic with The Company's business model. The BlackHawk Fund takes a lead role in the financing, development, and management of these Portfolio Companies in return for a majority equity interest in each company. Once the Portfolio Company has succeeded in it's business plan, The BlackHawk Fund will assist in the process of taking the Portfolio Company public. This will enable the portfolio company that is spun out to obtain a higher market valuation for the equity position held by The BlackHawk Fund. A dividend of stock in each one of the portfolio companies will also be paid to shareholders.
At this time, The BlackHawk Fund is in the process of acquiring all the business of Maximum Impact Television Group. The BlackHawk Fund will receive 100% of the revenue and share in the profits from all media properties produced with Maximum Impact, which had annual sales of $13 million last fiscal year. Maximum Impact Television Group has several production units. These units will be acquired, incubated and spun off into their own publicly traded entities by The BlackHawk Fund. Acquiring shares in The BlackHawk Fund will be through purchase in the open market but more importantly, shareholders of Palomar Enterprises, will receive a dividend of shares of The BlackHawk Fund as well as a dividend of shares of all companies spun out by The BlackHawk Fund.
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.
Contact1@palomarenterprises.com
775-887-0670
www.palomarenterprises.com
:-))
NoRisk
www.stocksexperience.de
Palomar Enterprises in Receipt of NOBO List
Palomar to Set Dividend Date of First Spin-Off Next Week ...
CARLSBAD, Calif., Dec. 12 /PRNewswire-FirstCall/ -- Palomar Enterprises, Inc. (OTC Bulletin Board: PLMA), today announced that The Company has received the NOBO list (Non Objecting Beneficial Owner) of its common shares from ADP Investor Services. The NOBO list will be used to determine the naked short position in Palomar's common stock. Palomar's NOBO list will be compared to the Depository Trust Account (DTC) for Palomar. The DTC contains data regarding all brokers and amounts of shares being held for investors. Additionally, Palomar has ordered the NOBO list (Objecting Beneficial Owner), which will be used to get a total amount of shares owned by all shareholders. The findings will then be reported to the NASD (National Association of Securities Dealers) to take action against the violators of the naked short regulations.
BlackHawk Fund Dividend to Shareholders
Our wholly owned subsidiary, The BlackHawk Fund (OTC Bulletin Board: BHWF) is in the process of being spun out to shareholders. The BlackHawk Fund is already being traded on the OTCBB under ticker symbol BHWF. This week, Palomar will finalize the details and dates of the spin-off. Once this date is determined a dividend of the BlackHawk Fund will be paid to our shareholders of record.
The BlackHawk Fund (www.blackhawkfund.com) operates as a Business Development Company, by incubating, developing, and acquiring Portfolio Companies that are synergistic with The Company's business model. The BlackHawk Fund takes a lead role in the financing, development, and management of these Portfolio Companies in return for a majority equity interest in each company. Once the Portfolio Company has succeeded in it's business plan, The BlackHawk Fund will assist in the process of taking the Portfolio Company public. This will enable the portfolio company that is spun out to obtain a higher market valuation for the equity position held by The BlackHawk Fund. A dividend of stock in each one of the portfolio companies will also be paid to shareholders.
At this time, The BlackHawk Fund is in the process of acquiring all the business of Maximum Impact Television Group. The BlackHawk Fund will receive 100% of the revenue and share in the profits from all media properties produced with Maximum Impact, which had annual sales of $13 million last fiscal year. Maximum Impact Television Group has several production units. These units will be acquired, incubated and spun off into their own publicly traded entities by The BlackHawk Fund. Acquiring shares in The BlackHawk Fund will be through purchase in the open market but more importantly, shareholders of Palomar Enterprises, will receive a dividend of shares of The BlackHawk Fund as well as a dividend of shares of all companies spun out by The BlackHawk Fund.
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.
Contact1@palomarenterprises.com
775-887-0670
www.palomarenterprises.com
:-))
NoRisk
www.stocksexperience.de
Letzter Vortag Umsatz Veränderung
0,0080 0,0050 4.932,6 +60,00%
:-))
NoRisk
www.stocksexperience.de
0,0080 0,0050 4.932,6 +60,00%
:-))
NoRisk
www.stocksexperience.de
:-))
NoRisk
www.stocksexperience.de
NoRisk
www.stocksexperience.de
aber auch nur fast auf US Niveau ;-)
:-))
NoRisk
www.stocksexperience.de
:-))
NoRisk
www.stocksexperience.de
:-))
NoRisk
www.stocksexperience.de
NoRisk
www.stocksexperience.de
:-))
NoRisk
www.stocksexperience.de
NoRisk
www.stocksexperience.de
kein Ende..
:-))
NoRisk
www.stocksexperience.de
:-))
NoRisk
www.stocksexperience.de
greetz joker
--------------------------------------------------
In einer Irrsinnigen Welt vernünftig sein zu wollen, ist schon wieder ein Irrsinn für sich.
(Voltaire)
400% und noch lange kein Ende, diese Woche kommt noch der Dividendenplan und Jahreshoch bei 11 Cent ;-)
ich weiss auf jeden Fall min. 3 Leute die investiert sind ;-))
:-))
NoRisk
www.stocksexperience.de
ich weiss auf jeden Fall min. 3 Leute die investiert sind ;-))
:-))
NoRisk
www.stocksexperience.de
z.B. ziemlich pünktlich zur ersten Empfehlung mal mit einer kleinen Position eingestiegen.
Und habs bis jetzt nicht bereut .-)
NOBO-List hat ja schon öfter gut geklappt, also werd ich mal dabei bleiben. Bei Cal-Bay haben sich dagegen viele Leute etwas verbrannt...
Und habs bis jetzt nicht bereut .-)
NOBO-List hat ja schon öfter gut geklappt, also werd ich mal dabei bleiben. Bei Cal-Bay haben sich dagegen viele Leute etwas verbrannt...
:-))
NoRisk
www.stocksexperience.de
NoRisk
www.stocksexperience.de
Kurs mal ein wenig zu drücken.*fg*
Ist doch sonst langweilig...immer nur eine Richtung.;-))
Hey tomerding, du auch hier ??;-)Hör nicht auf NoRi,der handelt nur mit Tapeten.;-))
greetz joker
--------------------------------------------------
In einer Irrsinnigen Welt vernünftig sein zu wollen, ist schon wieder ein Irrsinn für sich.
(Voltaire)
Ist doch sonst langweilig...immer nur eine Richtung.;-))
Hey tomerding, du auch hier ??;-)Hör nicht auf NoRi,der handelt nur mit Tapeten.;-))
greetz joker
--------------------------------------------------
In einer Irrsinnigen Welt vernünftig sein zu wollen, ist schon wieder ein Irrsinn für sich.
(Voltaire)
hoffentlich nich zu spät... geh zu 0,015 wieder raus ;)
mfg ds
Palomar Enterprises in Process of Creation of Second Fund
Dividend to Palomar Shareholders of The BlackHawk Fund Shows Palomar's Commitment to Shareholders
CARLSBAD, Calif., Dec. 14 /PRNewswire-FirstCall/ -- Steve Bonenberger, Palomar Enterprises, Inc. (OTC Bulletin Board: PLMA), today announced that The Company is in the process of finalizing their second fund. The first fund is The BlackHawk Fund (OTC Bulletin Board: BHWF). Details regarding this second fund are expected to be released this Friday or sometime early next week. Details regarding the dividend of shares to Palomar Enterprises shareholders of The BlackHawk Fund will be released next week as well.
'We are pleased to announce that the creation of our second fund is nearly complete and well ahead of schedule. Originally we did not expect to complete the new fund until early next year. As we have mentioned in previous news releases, we will be creating additional funds for each of our business interests,' stated Steve Bonenberger, CEO and President of Palomar Enterprises. 'The BlackHawk Fund is essentially going to be our holding company for a variety of business interests. This second fund will be our holding company for our real estate businesses which are primarily in the rapidly growing foreclosure market as well as our other real estate projects. We expect to close on the real estate fund and announce the details to our shareholders no later than early next week. Like The BlackHawk Fund, this fund will be spun off into its own publicly traded company on the OTCBB and a dividend paid to shareholders. It is also our definitive plan to spin the businesses within these funds off into publicly traded companies and pay shareholders a dividend of stock as well. We are looking to build a base of loyal shareholders and reward them for their commitment to our Company for not only the next couple of months but over the next 12-24 months at the very least,' Mr. Bonenberger concluded.
About Palomar Enterprises
Palomar Enterprises is essentially a holding company that focuses on two primary business; real estate development and foreclosures as well as setting up Funds as holding companies for their businesses. Essentially Palomar is a layered company with companies within the Company. Palomar's primary objective is growth of all held companies and shareholder appreciation through ownership of Palomar's common stock which leads ultimately to ownership in all companies under their 'umbrella' through spin-offs.
About The BlackHawk Fund
The BlackHawk Fund (OTC Bulletin Board: BHWF) will be spun off into its own publicly-traded entity and a dividend paid to our shareholders of record. The BlackHawk Fund (www.blackhawkfund.com) operates as a Business Development Company, by incubating, developing, and acquiring Portfolio Companies that are synergistic with The Company's business model. The BlackHawk Fund takes a lead role in the financing, development, and management of these Portfolio Companies in return for a majority equity interest in each company. Once the Portfolio Company has succeeded in its business plan, The BlackHawk Fund will assist in the process of taking the Portfolio Company public. This will enable the portfolio company that is spun out to obtain a higher market valuation for the equity position held by The BlackHawk Fund. As mentioned in our November 28th, 2006 news release, a dividend in each one of the portfolio companies will be paid to shareholders. At this time, The BlackHawk Fund has signed a Business Development Agreement with Maximum Impact Television Group. The Black Hawk Fund will receive 100% of the revenue and share in the profits from all media properties produced with Maximum Impact, which had annual sales of $13 million last fiscal year. Maximum Impact Television Group has several media properties and cable television shows that will be acquired and spun off into their own publicly traded entities by The BlackHawk Fund.
Contact1@palomarenterprises.com
www.palomarenterprises.com
775-887-0670
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.
SOURCE Palomar Enterprises, Inc.
Source: PR Newswire (December 14, 2006 - 10:50 AM EST)
News by QuoteMedia
www.quotemedia.com
:-))
NoRisk
www.stocksexperience.de
Dividend to Palomar Shareholders of The BlackHawk Fund Shows Palomar's Commitment to Shareholders
CARLSBAD, Calif., Dec. 14 /PRNewswire-FirstCall/ -- Steve Bonenberger, Palomar Enterprises, Inc. (OTC Bulletin Board: PLMA), today announced that The Company is in the process of finalizing their second fund. The first fund is The BlackHawk Fund (OTC Bulletin Board: BHWF). Details regarding this second fund are expected to be released this Friday or sometime early next week. Details regarding the dividend of shares to Palomar Enterprises shareholders of The BlackHawk Fund will be released next week as well.
'We are pleased to announce that the creation of our second fund is nearly complete and well ahead of schedule. Originally we did not expect to complete the new fund until early next year. As we have mentioned in previous news releases, we will be creating additional funds for each of our business interests,' stated Steve Bonenberger, CEO and President of Palomar Enterprises. 'The BlackHawk Fund is essentially going to be our holding company for a variety of business interests. This second fund will be our holding company for our real estate businesses which are primarily in the rapidly growing foreclosure market as well as our other real estate projects. We expect to close on the real estate fund and announce the details to our shareholders no later than early next week. Like The BlackHawk Fund, this fund will be spun off into its own publicly traded company on the OTCBB and a dividend paid to shareholders. It is also our definitive plan to spin the businesses within these funds off into publicly traded companies and pay shareholders a dividend of stock as well. We are looking to build a base of loyal shareholders and reward them for their commitment to our Company for not only the next couple of months but over the next 12-24 months at the very least,' Mr. Bonenberger concluded.
About Palomar Enterprises
Palomar Enterprises is essentially a holding company that focuses on two primary business; real estate development and foreclosures as well as setting up Funds as holding companies for their businesses. Essentially Palomar is a layered company with companies within the Company. Palomar's primary objective is growth of all held companies and shareholder appreciation through ownership of Palomar's common stock which leads ultimately to ownership in all companies under their 'umbrella' through spin-offs.
About The BlackHawk Fund
The BlackHawk Fund (OTC Bulletin Board: BHWF) will be spun off into its own publicly-traded entity and a dividend paid to our shareholders of record. The BlackHawk Fund (www.blackhawkfund.com) operates as a Business Development Company, by incubating, developing, and acquiring Portfolio Companies that are synergistic with The Company's business model. The BlackHawk Fund takes a lead role in the financing, development, and management of these Portfolio Companies in return for a majority equity interest in each company. Once the Portfolio Company has succeeded in its business plan, The BlackHawk Fund will assist in the process of taking the Portfolio Company public. This will enable the portfolio company that is spun out to obtain a higher market valuation for the equity position held by The BlackHawk Fund. As mentioned in our November 28th, 2006 news release, a dividend in each one of the portfolio companies will be paid to shareholders. At this time, The BlackHawk Fund has signed a Business Development Agreement with Maximum Impact Television Group. The Black Hawk Fund will receive 100% of the revenue and share in the profits from all media properties produced with Maximum Impact, which had annual sales of $13 million last fiscal year. Maximum Impact Television Group has several media properties and cable television shows that will be acquired and spun off into their own publicly traded entities by The BlackHawk Fund.
Contact1@palomarenterprises.com
www.palomarenterprises.com
775-887-0670
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.
SOURCE Palomar Enterprises, Inc.
Source: PR Newswire (December 14, 2006 - 10:50 AM EST)
News by QuoteMedia
www.quotemedia.com
:-))
NoRisk
www.stocksexperience.de
15.12.2006 Palomar Hold für Investierte und Buy für Einstiegskurse!
Der Abverkauf gestern erfolgte mit relativ geringer Stückzahl und es wurde fleissig aufgesammelt. Im Chart erkennt man deutlich, daß dies nichts weiter als ein Test der EMAs war nach dem schnellen Anstieg zuvor.
Da dieser nun vollzogen ist, kann man sich auf wohl wieder höhere Kurse freuen und die 0,02 sollten heute ein Anlaufziel sein.
Das Orderbuch zeigt dieses einsammeln und den nachbörslichen Kauf und somit Schlußkurs von 0,0112.
:-))
NoRisk
www.stocksexperience.de
Der Abverkauf gestern erfolgte mit relativ geringer Stückzahl und es wurde fleissig aufgesammelt. Im Chart erkennt man deutlich, daß dies nichts weiter als ein Test der EMAs war nach dem schnellen Anstieg zuvor.
Da dieser nun vollzogen ist, kann man sich auf wohl wieder höhere Kurse freuen und die 0,02 sollten heute ein Anlaufziel sein.
Das Orderbuch zeigt dieses einsammeln und den nachbörslichen Kauf und somit Schlußkurs von 0,0112.
:-))
NoRisk
www.stocksexperience.de
(Verkleinert auf 87%) 
Das Ask ist wie man sieht bei 0,013 und fast nichts drin mehr bis 0,02, also nicht rausschütteln lassen aber natürlich aufpassen!
:-))
NoRisk
www.stocksexperience.de
:-))
NoRisk
www.stocksexperience.de
(Verkleinert auf 86%)
wenigstens hab ich´s nicht nötig witzig in interesant zuändern aber klar Image is alles ein interessant von mir ist ja auch was wert *gggg*
greetz nuessa
Teilverkauf 0,012.
"Reich wird, wer in Unternehmen investiert, die weniger kosten, als sie wert sind."
(Warren Buffet, amerikanischer Investor und mit einem geschätzten Privatvermögen von 42 Mrd. US-$)
www.stocksexperience.de
"Reich wird, wer in Unternehmen investiert, die weniger kosten, als sie wert sind."
(Warren Buffet, amerikanischer Investor und mit einem geschätzten Privatvermögen von 42 Mrd. US-$)
www.stocksexperience.de
(Verkleinert auf 87%)
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