ProTek Capital Inc (PRPM)

[ArchiH]

FB Q&A Comments from Luther:

Personally, I'm feeling strongly encouraged and hoping for some good announcements within the coming weeks.

++++++++++++++The Global Lock++++++++++++++++++

Ok this is the topic of interest on every shareholders mind. I have tried to be as candid as possible in explaining what we have been and are doing to rectify the situation that was put upon us by the DTCC with this Global Lock. You all must understand when we are negotiations and now that we are waiting for the DTCC to take action it becomes necessary to be discrete about sensitive issues involved. It’s impossible to lay out all off the details being discussed until the Lock has been lifted. I would be very irresponsible for me to broadcast all details of what was being done as it could greatly impair the outcome for our company and its shareholders. I understand everyone’s frustrations with the constant delays that have happened but it is how the process is working. We are fixing something that was lumped upon us from years back by previous owners.
With all that being said I’m going to go out on a limb and try to explain where we are at, to date, in this process. We have submitted a plan that all parties believe cover the “issue” that caused the lock. We are awaiting the locks removal. This requires approval of Finra and the DTCC. We will be notified when the lock will be removed at or about the time it happens. Ive been informed we are in “any day mode”. The solution involves a large reduction in our shares outstanding as we have discussed here in the past.
Now secondly, I have also pursued a secondary course to continue operations for the company and our shareholders. We have acquired a “sister” company that is free trading and not in our current circle (it is NOT TDEY). If we don’t have a lift of the Global Lock this week I will start the process of compensating our current shareholders by distribution of our “sister” companies’ shares to our current shareholders. This in part will make our current shareholders whole while allowing them to still retain their shares of Luxuriant Holdings. So even if we have a complete rejection by the DTCC they legally have to remove they lock within a one year period. So either way we will have this resolved in short order.
Contrary to a small minority of vocal shareholders belief I have been working very hard behind the curtain to make our company a success and stick to my word as being in the shareholders corner. We have many new and old business opportunities on the table and the future is very bright for all of us.

Thank You
Luther

Luxuriant Holdings: we are getting ready to move forward now that the lock issue is ending

Luxuriant Holdings: N**a if it were not true I wouldn't be posting here in public about it as statements to facebook now carry the same weight as pr's in the SEC's eyes.

Luxuriant Holdings: It is impossible to know what the exact date will be, we wait for the announcement. I have just taken steps to fix this in another manner if necessary. I (and I believe the shareholders) are tired of waiting and will go around it if necessary.

Fingers-crossed!