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Re: PK holder post# 2012

Friday, 07/03/2015 4:51:37 AM

Friday, July 03, 2015 4:51:37 AM

Post# of 12521
"There is not 1 Canadian resident involved with this company or an office in Canada."

Not strictly true, I'm afraid:

"Service Providers
Accounting/Auditing Firm

Davidson & Company LLP
609 Granville St
Suite 1200
Vancouver, BC, V7Y 1G6
Canada"


http://www.otcmarkets.com/stock/PKTX/profile

"A Cease Trade Order (“CTO”) was issued in respect of the Company’s securities by the British Columbia Securities Commission (“BCSC”) on May 9, 2013 based on the Company’s failure to file annual financial statements for the year ended December 31, 2012 by the deadline of April 1, 2013. The Company has since completed all of the required filings for annual and interim periods and received a full Revocation Order from the BCSC during the three month period ended March 31, 2015."


"During the three month period ended March 31, 2015, the Company:


c) Entered into a royalty agreement with the Governors of the University of Alberta (the “University”) whereby the University had developed certain intellectual property (the “Patent Rights”) in conjunction with and by permission of the Company employing patented intellectual property of the Company. The agreement assigns the Patent Rights to the Company in return for 5% of any future gross revenues (the “Royalty”) derived from products arising from the Patent Rights. The Company will have the right and option for two years from the earlier of the first date that the University publishes its research related to the Patent Rights or September 1, 2015 to buy out all of the University’s Royalty for consideration of the aggregate sum of CDN $5,000,000."


http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10715685

And I wonder where long time PKTX "consultant" Simon Shah actually lives?

Actually I wonder who he is, and what he does for his millions of shares and hundreds of thousands of dollars that PKTX has given him over the years?

Certainly he hasn't done much for the shareholders of this long-running Canadian controlled would-be pump and dump scam:



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