Princeton Capital Corp. (PIAC)

[TallTrader]

Declared $0.075 dividend, not bad for a $0.30 stock.

Item 8.01. Other Events.

Declaration of Dividend

On October 27, 2022, Princeton Capital Corporation (the “Company”) issued a press release announcing that its Board of Directors has authorized and declared a cash dividend of $0.075 per share of common stock. The dividend is payable on December 1, 2022 to stockholders of record as of the close of business on November 21, 2022.

https://www.sec.gov/Archives/edgar/data/845385/000121390022066736/ea167643-8k_princetoncap.htm

[QaB2i]

What going on here ?

[ProRecommend]

Is this stock price just too high?
I am kind of new to evaluating filings and that sort of thing. I was just wondering, how is it that a company in this condition can trade for such a high price in comparison to other sub penny companies that appear to have so much more promise and a larger and more profitable business. I know it has been quite awhile since the last post on this thread and there isn't much volume to this stock lately but unless I am missing something, this company seems to be in financial trouble. According to their own valuation service, the quality of bonds they have in the portfolio is very low and in my judgement looking at the industries that the bonds are in and the precarious business position that those issuers are in tells me there will be further devaluations of the holdings of this company, that it is unavoidable. I also don't see how the current valuations of the holdings are reasonable. So what am I missing?

[adijas]

10Q out (sept 2017)
Net asset value per share $ 0.356

https://www.otcmarkets.com/filing/html?id=12939154&guid=apMEUH2IptO1Lth

[Traderfan]

10Q is out. Since you know the company much better than I do, do you see anything worth mentioning either way on the results??

[db7]

Well that's the only way out of this one for now. We need to see new filings. They have updated their website

If I recall in their recent filing they had solid assets of like .30/sh with the rest of the NAV being more questionable/risky assets

Please do your own dd

[Traderfan]

Somebody dumping like crazy into the bids yet again last few days.

[db7]

don't think you missed anything.. someone maybe just taking advantage of the firmer prices after it being low for a while imo

[Traderfan]

After the stock recently firmed up and went back up a bit it is now selling off again. Did I miss anything about the last 8k a few days ago since the selling started after that 8k. They reappointed that Cannella guy.

[stockabba5]

good company

[stockabba5]

Looking at the 10q and the company putting out the filings this stock really looks good for a bulletin board company. They seem to have alot of money in the bank and under management. I can see a company like this going to a better stock exchange in the near future.

[db7]

annual meeting on june 9th, from recent schedule 14A:


"


PRINCETON CAPITAL CORPORATION
4422 Route 27
Building C, Suite 1
Box 89
Kingston, New Jersey 08528-0089
[phone]



May 24, 2016





Dear Stockholder:



You are cordially invited to attend the Annual Meeting of Stockholders (the “Annual Meeting”) of Princeton Capital Corporation to be held on Thursday, June 9, 2016 at 9:30 a.m., Eastern Time, at 250 West Pratt Street, Suite 2000, Baltimore, Maryland 21201. Only stockholders of record at the close of business on May 18, 2016 are entitled to the notice of, and to vote at, the Annual Meeting, including any postponement or adjournment thereof.





Details regarding the business to be conducted are more fully described in the accompanying Notice of Annual Meeting and Proxy Statement.



It is important that you be represented at the Annual Meeting, and you are encouraged to vote your shares as soon as possible. If you are unable to attend the meeting in person, I urge you to complete, date and sign the enclosed proxy card and promptly return it in the envelope provided. If you prefer, you can save time by voting through the Internet or by telephone as described in the proxy statement and on the enclosed proxy card. Your vote is important.



Sincerely yours,



Munish Sood
Chief Executive Officer



"

[db7]

once we get a current/recent filing we'll be able to see what the current NAV is which will help us value this

*NAV = Net Asset Value

[db7]

My guess, there is zero exposure regarding this one AND they were/are late on filings. I think it will climb back up eventually

[Traderfan]

Since the deal stands again, why is the stock still so weak lately?

[db7]

encouraging! 10Q out For the quarterly period ended March 31, 2015

[Traderfan]

Ah ok, they stay in. Remember now. I hope something tangible comes out soon so we can get this ticker back up again.

[db7]

was originally a shell... reverse-merged with Princeton capital corp assets... merger was called into question but in the end looks like it will stay in the this vehicle and just have more say in things... ie: they put their directors onboard... new consulting agreements...etc...etc


this is my understanding at least.........

[Traderfan]

Didn't they try to bring in that business and then it didn't work out so they became a shell again and now they might be bringing in another business? Sorry if I confuse something, too many tickers I look at all the time.

[db7]

it's not a shell... I think they'll finally start filing again ...

big issue will be bringing in volume... they might be well-served by a reverse-split and uplisting at some point imo

[Traderfan]

I saw that, what are you making of it? Will there ever be some value coming in again into this shell?

[db7]

Item 4.01 Change in Registrant’s Certifying Accountant.



(a) Previous independent registered public accounting firm.



Effective October 19, 2015, Crowe Horwath LLP resigned as the Company’s independent public accounting firm. The Company provided a copy of the resignation letter in a Form 8-K on October 22, 2015.



(b) New independent registered public accounting firm.



On March 15, 2016, and effective the same date, the Audit Committee of the Board of Directors of Princeton Capital Corporation (the “Registrant”) authorized and approved the engagement of WithumSmith&Brown, PC (“WithumSmith”), as its independent registered public accounting firm to audit the Registrant’s financial statements for the fiscal year ending December 31, 2015 and to perform procedures related to the financial statements included in the Registrant’s quarterly reports on Form 10-Q, beginning with the quarter ended March 31, 2015.



During the Registrant’s fiscal years ended December 31, 2014 and December 31, 2013 and through the date of the engagement of WithumSmith, neither the Registrant nor anyone on its behalf has consulted with WithumSmith, regarding either:



(i) The application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Registrant’s financial statements, and neither was a written report provided to the Registrant nor was oral advice provided that WithumSmith, concluded was an important factor considered by the Registrant in reaching a decision as to an accounting, auditing, or financial reporting issue; or



(ii) Any matter that was either the subject of a disagreement or a reportable event, as each term is defined in Items 304(a)(1)(iv) or (v) or Regulation S-K, respectively.

[Traderfan]

Could get interesting again. I'm still involved here.

[db7]

in the filing, " Press Release

As soon as reasonably practicable after the date hereof (and not longer than five (5) business days), Princeton Capital will issue a factually accurate press release, the contents of which are mutually acceptable to Princeton Capital, on the one hand, and Semaphore, on the other hand, announcing the settlement and resolution of the Litigation against the Settling Defendants
"

[Traderfan]

Just saw the 13D filing. Didn't read it yet.

[db7]

Resolution!!!? I think so. I think assets stay in here :)

[db7]

Form 8-K for PRINCETON CAPITAL CORP


22-Oct-2015

Changes in Registrant's Certifying Accountant, Financial Statements and Ex



Item 4.01 Changes in Registrant's Certifying Accountant
(a) (1) Crowe Horwath LLP ("Crowe") was engaged as the independent registered public accounting firm for Princeton Capital Corporation (the "Company"). On October 19, 2015, Crowe informed the Company that it is resigning as the Company's independent public accounting firm effective October 19, 2015. Crowe did not conduct any audits of the Company's financial statements.

(2) The Company has provided a copy of this Form 8-K to Crowe and has requested the Crowe furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the above statements in this item 4.01(a). A copy of such letter, dated October 22, 2015, is filed as Exhibit 16 to this Form 8-K.

(b) The Company's Audit Committee has directed the Company's management to prepare and seek requests for proposals from certain independent registered public accounting firms regarding the audit of the Company's financial statements for its fiscal year ending December 31, 2015. The Company shall file a Form 8-K under Item 4.01(b) of that report at such time as the new independent registered public accounting firm has been engaged, which report shall provide the information required by Item 304(a)(2) of Regulation S-K.





Item 9.01 Financial Statements and Exhibits
(d) Exhibits.

Exhibit No. Description

16 Letter from Crowe Horwath LLP dated October 22, 2015.

[Traderfan]

That's what I would like to know as well.

[db7]

Did u read that filing??? WTF. Are we a shell again??? Is that legal???

[db7]

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549






FORM 8-K






CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 9, 2015






PRINCETON CAPITAL CORPORATION

(Exact name of registrant as specified in its charter)









Maryland 814-00710 46-3516073
(State or other jurisdiction
of incorporation) (Commission
File Number) (IRS Employer
ID Number)





One Riverway, Suite 2020

Houston, Texas
77056
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: [phone]





(Former name or former address, if changed since last report.)






Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:



? Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)



? Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)



? Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))



? Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))












Item 5.02 Departure of Directors or Certain Officers: Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 9, 2015, Princeton Capital Corporation (the “Company”) received written notice from Martin Tuchman, a director of the Company, notifying the Company that he was tendering his resignation as a director. Mr. Tuchman’s resignation is effective as of September 9, 2015. In connection with Mr. Tuchman’s resignation, there were no disagreements with the Company, known to an executive officer of the Company, on any matter relating to the Company’s operations, policies or practices.

SIGNATURE

Pursuant to the requirements of the Securities and Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized.



Dated: September 15, 2015

PRINCETON CAPITAL CORPORATION

By: /s/ Gregory J. Cannella
Name: Gregory J. Cannella
Title: Chief Financial Officer

[db7]

Princeton Capital Postpones 2015 Annual Meeting

.

PR Newswire
Princeton Capital Corporation
13 hours ago


HOUSTON and KINGSTON, N.J., Sept. 9, 2015 /PRNewswire/ -- Princeton Capital Corporation (PIAC) (the "Company") today announced that its Board of Directors has postponed its 2015 annual meeting of stockholders, scheduled to be held at 10:30 a.m. Eastern Time (9:30 a.m. Central Time) on Thursday, September 10, 2015, in order to continue to solicit votes to reach the necessary quorum to conduct business at the Annual Meeting. At a later date, Princeton will provide information related to a rescheduled meeting.

About Princeton Capital Corporation

Princeton Capital Corporation is an externally managed, non-diversified, closed-end investment company that has elected to be regulated as a business development Company under the Investment Company Act of 1940, as amended. Princeton Capital Corporation's investment objective is to maximize the total return to our stockholders in the form of current income and capital appreciation through the debt securities and related equity investments. The Company's investment activities are managed by its Investment Adviser, Princeton Investment Advisors, LLC, which is an investment adviser registered under the Investment Advisers Act of 1940, as amended.

Forward-Looking Statements

Statements included herein may constitute "forward-looking statements," which relate to future events or our future performance or financial condition. These forward-looking statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the U.S. Securities and Exchange Commission. Princeton Capital Corporation undertakes no duty to update any forward-looking statements made herein. All forward-looking statements speak only as of the time of this press release.

Investor Relations contact:
Jennifer Tanguy
Investor Relations Director
713-595-1429

[blissedout]

While we watch PIAC value melt away (hopefully just temporary), something to read about that little bit of Rampart we still(?) own...... QUES isn't a bad little company either but appear to be moving in other directions. Maybe more focus and energy behind Rampart ahead?

http://www.marketwired.com/press-release/quest-solution-announces-change-to-management-streamlined-capital-structure-otcqb-ques-2052657.htm

September 03, 2015 08:30 ET
Quest Solution Announces Change to Management, Streamlined Capital Structure

Founder and President, Kurt Thomet Resigns; Company Assigns License Agreements, Reduces Near-Term Debt to Strengthen Balance Sheet

HENDERSON, NV--(Marketwired - Sep 3, 2015) - Quest Solution, Inc., the "Company" (OTCQB: QUES), a leading provider in the technology, software, and mobile data collection systems business, today announced that Kurt Thomet has resigned as President of the Company, effective August 26, 2015, to pursue other ventures and to further his involvement as an active participant and board member of News Beat Social, a one-minute video news media company based in Portland, Oregon. Mr. Thomet founded Quest Marketing, Inc., the Company's wholly-owned subsidiary acquired in 2014, in 1993, and has served as President of the Company since 2014. Tom Miller, the Company's Chairman of the Board of Directors and Chief Executive Officer will assume the role of President of the Company effective immediately.

"I am extremely thankful for the many years of exciting growth that employees and vendors of Quest Solution have shared with me," said Mr. Thomet. "Quest Solution is a great company with loyal customers, outstanding employees and strong growth prospects. I am confident in the public company experience of Tom Miller and the sales talent of George Zicman to guide the Company through the successful integration of both current and future acquisitions as they strive to create superior returns for stockholders and an exciting workplace for our industry leading staff."

"We are very grateful to Kurt for his hard work, vision and commitment to our Company," said Mr. Miller. "Kurt helped build a strong leadership team and a winning corporate culture. He was a part of a team that helped create a Company that is working every day to build scale and achieve operational excellence as we service customers in some of the fastest growing industries of our economy. Concurrent with Kurt's departure, we are pleased to announce the following financial developments; each of which serve to improve our balance sheet, continue our focus on an 'asset-light' business model, reduce interest expense, and simplify our capital structure."

Balance Sheet and Capital Structure Improvement
In connection with Mr. Thomet's resignation and in exchange for $1.15 million of value against debts owed to Mr. Thomet, the Company assigned its rights to certain technology licenses and associated intellectual property acquired by the Company from Rampart Detection Systems under an existing Technology License Agreement. Mr. Thomet's intent is to form global partnerships to commercialize technologies for mining, gun barrel detection, cell phone detection, airframe inspection and rebar inspection. As part of the assignment of these licenses, the Company will receive a five-year royalty fee of 3.5% of revenue related to the gun-barrel, rebar inspection and air frame licenses. The Company applied the $1.15 million in proceeds to reduce near-term debt owed to Mr. Thomet.

The Company will also be settling the balance of the two promissory notes issued to Mr. Thomet, the outstanding balance of which is approximately $9.63M, by September 30, 2015 for $5.886 million in cash as well as the $1.15M paid relative to the Rampart licenses as described above. The Company has further agreed to purchase 900,000 shares of Mr. Thomet's common stock no later than December 31, 2015 at a price of at $0.38 per share. Additionally, Mr. Thomet terminated 5,600,000 unexercised warrants to purchase Company common stock under two separate agreements and accepted the termination of his Consulting Agreement with the Company and associated 1,500,000 shares of restricted common stock. The effect of the stock buyback and cancellation of unexercised warrants on the Company's weighted average fully diluted shares is a net 2.4M share reduction, based on the amount reported in our Form 10Q as of June 30, 2015.

Given the debt settlement, the income statement impacts from these changes would include:

Cash interest expense per quarter savings of approximately $47,500,
Non-cash OID interest expense savings per quarter of approximately $138,000

These amounts are based on the historical cash and non-cash interest expenses the company incurred.

"We are excited about this settlement agreement because in addition to providing Mr. Thomet good value, it provides financial flexibility for the company to pursue further growth opportunities, at a more rapid pace than previous," Miller added.

A more detailed description of Mr. Thomet's resignation and the related settlement transaction is available in the Company's corresponding report being filed with the Securities and Exchange Commission on Form 8-K.

About Quest Solution, Inc.

Quest Solution, Inc. is a leading provider in the technology, software, and mobile data collection systems business. In November 2014, the Company announced that Bar Code Specialties, Inc. (BCS) joined with Quest Solution, Inc. The Company intends on continuing to acquire existing companies with revenues and positive cash flow.

Quest Solution, Inc. serves as a national mobility and data collection systems integrator with a focus on design, delivery, deployment and support of fully integrated mobile solutions. The Company takes a consultative approach by offering end to end solutions that include hardware, software, communications and full lifecycle management services. The highly tenured team of professionals simplifies the integration process and delivers proven problem solving solutions backed by numerous customer references.

The recent BCS acquisition is in addition to the recently announced creation of a wholly-owned division focused on commercializing Intellectual Property, Patents and Distribution of industry-specific technologies in an array of new verticals. The new division will focus on the acquisition of existing intangibles, which we anticipate will provide immediate value to the Company.

Information about Forward-Looking Statements

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995 Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company's products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in the Company's filings with the United States Securities and Exchange Commission (the "SEC"). Examples of such forward looking statements in this release include statements regarding growth in our parts and vehicle sales and increases in our ability to produce new products. For a more detailed description of the risk factors and uncertainties affecting the Company, please refer to the Company's recent SEC filings, which are available at http://www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

Investor Relations & Financial Media:

Investor Contact:

Hayden IR
Brett Maas
[phone]
[e-mail]

Cameron Donahue
[phone]
[e-mail]

[levelnever]

I'm going to put a bid in, way oversold In this range IMO. Strong support in historical chart at this level. Rollout may not have played out exactly right, but legit company, strong assets etc. And self off on low volume.

[db7]

I'm surprised no large bids from mgmt... VFIN lowest ask and not on bid today...........

they need to get going on the filing.... what about a divvy? etc etc etc

[db7]

Agreed to a point. I would like to see the filings out, hear about a divvy ... what about them buying shares as part of the divvy program as mentioned in a prior filing?

To just jump in to a possible 1 for 25 rs seems radical and IMO would ensure we never saw large %gains

$1 to $3. Very doable IMO

$25 to $75. Not so much

Again IMHO

[levelnever]

.70 way too cheap here IMO, feels like a panic selling situation? No reason this should be anywhere under $1. The fact they are getting filings up and who knows if we might see some more buys here from Newman or others. Very thin in the way back up, just needs a little push and could easily be back up at $2+ quickly.

[Traderfan]

Yes saw it. To be honest I don't see a small RS as something too negative especially if they wanna uplist. Then they need it.

[db7]

pr out, maybe this selling is making them reconsider the r/s:


Princeton Capital Announces the Postponement of Its 2015 Annual Stockholders Meeting

.

PR Newswire
Princeton Capital Corporation
3 minutes ago








?
?
?
?

. ?
?
?
.





..
.
.





HOUSTON and KINGSTON, N.J., July 31, 2015 /PRNewswire/ -- Princeton Capital Corporation (PIAC) ("Princeton" or the "Company") today announced that the Board of Directors of the Company has determined to postpone the Company's 2015 Annual Meeting of Stockholders, which was originally scheduled to be held at 9:30 a.m. Central Time on Tuesday, August 11, 2015.





The Company has determined to postpone the annual meeting to allow it to file its quarterly reports on Form 10-Q for the first and second quarters of 2015 prior to holding the annual meeting. The annual meeting will now be held at 9:30 a.m. Central Time, on Thursday, September 10, 2015 at One Riverway, Houston, Texas 77056.

No changes have been made to the record date or the proposals to be brought before the annual meeting, which are presented in the proxy statement and related materials that the company filed with the Securities Exchange Commission July 13, 2015. Proxies and voting instructions previously submitted with respect to the Annual Meeting will be valid for the rescheduled meeting.

About Princeton Capital Corporation

Princeton Capital Corporation is an externally managed, non-diversified, closed-end investment company that has elected to be regulated as a business development Company under the Investment Company Act of 1940, as amended. Princeton Capital Corporation's investment objective is to maximize the total return to our stockholders in the form of current income and capital appreciation through the debt securities and related equity investments. The Company's investment activities are managed by tis Investment Adviser, Princeton Investment Advisors, LLC, which is an investment adviser registered under the Investment Advisers Act of 1940, as amended.

Forward-Looking Statements

Statements included herein may constitute "forward-looking statements," which relate to future events or our future performance or financial condition. These forward-looking statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the U.S. Securities and Exchange Commission. Princeton Capital Corporation undertakes no duty to update any forward-looking statements made herein. All forward-looking statements speak only as of the time of this press release.

Investor Relations contact:
Jennifer Tanguy
Investor Relations Director
713.595.1429



To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/princeton-capital-announces-the-postponement-of-its-2015-annual-stockholders-meeting-300122069.html

[db7]

I think disappointment with the RS and not enough buyers to absorb selling..

Downside should be limited with asset value in the mid .50's range imo I don't think it will breach .50 imo

[Traderfan]

Stock is very weak in the last few days. Any idea why besides the additional RS that is planned?

[blissedout]

I got some thick envelopes in the mail today but haven't had a chance to read through any of it yet. Don't care too much for another RS.

[$hellKing]

Yes definitely a a no for that.lol

[db7]

wonder when we'll get the proxy, me personally... I'm voting against the RS

[$hellKing]

Maybe its to scare off those remaining shares to sell at bid. But if they got 96% then maybe the market doesnt like that large 100 mil OS getting uplisted. They should just cancel 50 mil of their own.

[$hellKing]

Most likely but damn 1 for 10 after a 1 for 2 is a 1 for 20 and 1 for 25 is a 1 for 50 right?


someone had share and sold this down and caused this to happen I think. they could do a 1 for 3 or 5 and be good.

[db7]

Uplist(?)

[$hellKing]

These guys own 96% of the common stock and they want to do another RS? A 1 for 10 to 25 RS ?

[db7]

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549





FORM 8-K





CURRENT REPORT



Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934



Date of Report (Date of earliest event reported): June 19, 2015





PRINCETON CAPITAL CORPORATION

(Exact name of registrant as specified in its charter)





Maryland 814-00710 46-3516073
(State or other jurisdiction
of incorporation) (Commission
File Number) (IRS Employer
ID Number)




One Riverway, Suite 2020

Houston, Texas
77056
(Address of principal executive offices) (Zip Code)



Registrant’s telephone number, including area code: [phone]





(Former name or former address, if changed since last report.)





Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:



? Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)



? Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)



? Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))



? Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


















Item 4.01 Change in Registrant’s Auditors.



(a) Previous independent registered audit firm.



Effective June 19, 2015, the Registrant dismissed Boulay PLLP ("Boulay"), which did audit Registrant’s year-end financial statements for the years ended December 31, 2014 and December 31, 2013 while the Registrant operated as Regal One Corporation. The change in the Registrant’s auditors was recommended and approved by the audit committee of the Board of Directors of the Registrant.



During the Registrant’s fiscal years ended December 31, 2014 and December 31, 2013 through the date of the termination (June 19, 2015) of Boulay, there have been no disagreements with Boulay (as defined in Item 304(a)(1)(iv) of Regulation S-K) on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Boulay, would have caused them to make reference thereto in their report on financial statements for such years.



The report of the independent registered public accounting firm of Boulay as of and for the year ended December 31, 2014 did not contain any adverse opinion or disclaimer of opinion, nor was it qualified or modified as to audit scope or accounting principle.



The Registrant provided Boulay with a copy of this report on Form 8-K in accordance with Item 304(a) of Regulation S-K prior to its filing with the Securities and Exchange Commission and requested that Boulay furnish the Registrant with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the above statements and, if it does not agree, the respects in which it does not agree. A copy of the letter from Boulay filed as Exhibit 16.1 hereto and incorporated herein by reference.



(b) New independent registered public accounting firm.



On June 19, 2015, and effective the same date, on the recommendation of the audit committee of the Registrant’s Board of Directors, the Registrant engaged Crowe Horwath LLP, as its independent registered audit firm to audit the Registrant’s financial statements for the fiscal year ending December 31, 2015 and to perform procedures related to the financial statements included in the Registrant’s quarterly reports on Form 10-Q, beginning with the quarter ended March 31, 2015.



During the Registrant’s fiscal years ended December 31, 2014 and December 31, 2013 and through the date of the engagement of Crowe Horwath LLP, neither the Registrant nor anyone on its behalf has consulted with Crowe Horwath LLP, regarding either:



(i) The application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Registrant’s financial statements, and neither was a written report provided to the Registrant nor was oral advice provided that Crowe Horwath LLP, concluded was an important factor considered by the Registrant in reaching a decision as to an accounting, auditing, or financial reporting issue; or



(ii) Any matter that was either the subject of a disagreement or a reportable event, as each term is defined in Items 304(a)(1)(iv) or (v) of Regulation S-K, respectively.



Item 9.01 Financial Statements and Exhibits.



(d) Exhibits.



Exhibit No. Description

16.1 Letter of Boulay PLLP to the Securities and Exchange Commission dated June 25, 2015.





2






SIGNATURE



Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereto duly authorized.




PRINCETON CAPITAL CORPORATION

Dated: June 25, 2015 By: /s/ Gregory J. Cannella
Name: Gregory J. Cannella
Title: Chief Financial Officer, Treasurer and Secretary

[db7]

NEWMAN CHARLES J 2. Issuer Name and Ticker or Trading Symbol

PRINCETON CAPITAL CORP [ PIAC ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director _____ 10% Owner
_____ Officer (give title below) __ X __ Other (specify below)
former Director/Officer

(Last) (First) (Middle)


P.O. BOX 25610 3. Date of Earliest Transaction (MM/DD/YYYY)


6/19/2015


(Street)


SCOTTSDALE, AZ 85255
(City) (State) (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)



6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person



Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

COMMON STOCK 6/19/2015 6/16/2015 P 2200 A $1.05

[blissedout]

Maybe it'll be one of those Friday after the close type of things. Taking care of business quietly in the shadows, step-by-step. Would love to see a little more insider buying in the meantime :)