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They missed a few years... And the recent lawsuit for like 4 million bucks.
And this little company lost 1.2 million.
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financials are available on the OTC now. should be flowing soon. all the name changes and descriptions should be updating today as well.
td Please post the new ones onto the site as the ones you have posted are no longer valid.
thats a cut and paste off the OTC. We will have all the updated info very shortly on the description as well. the company has a login and is putting all the info out there today. Guys you have to understand this company aint the last one. The financials and the reserves are very impressive. It will not only justify the share increase but allow the company to split and keep a nice buffer of shares for all sorts of things. The share authorization is not the same as the issuance, there is a gap......this is a process not a talking point.
And the TA is still unaware of the AS increase...
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Buyer Beware
Warning! This company is not making material information publicly available
Buying or selling a security on the basis of material nonpublic material information is prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators may be subject to civil and criminal penalties.
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From Delaware SOS July 9th...
Common shares 1,500,000,000 and Preferred shares 1,000,000 as of 6/22/2021
So, a billion share increase. From the last PLFF disclosure statement 6/30/2017, 40,000 of the Preferred were issued.
Preferred Stock - 1,000,000 shares authorized; Par value of $5.00, Non-convertible, Non-Dividend producing
Note 6 Preferred Stock
On June 6, 2011, the Company issued 40,000 shares of its Preferred Stock as compensation to a consultant that was owed $200,000
https://backend.otcmarkets.com/otcapi/company/financial-report/176862/content
No idea what it might be now.
The odd thing is, PLFF refused to provide the new AS which is publicly available information. What the heck...
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Buyer Beware
Warning! This company is not making material information publicly available
Buying or selling a security on the basis of material nonpublic material information is prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators may be subject to civil and criminal penalties.
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Lol.. The "company" is the one that PRd the AS increase.
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you know as well as I the company has to send that info out at once and to everyone in their filings which they will do. They cant through a proxy or even an insider release that info. no one wants to get into trouble. Dilution is going to happen. it happens in every merger. as a percentage. the market will determine the share price. but as you know right now the electronic shares are scarce so the buyers and sellers are having liquidity issues. all this will work itself out as KLMKh distances itself post merger from the previous folks and share dynamics. I believe in these guys. just hang fire a little. it will work itself out. id rather it take longer and get it right than be fast....and have to do this over again.
So then, what was it raised too? I have never before seen a PR announcing an AS increase without saying what it's being increased too...
Lol
done and done and dusted. Next time we will hire you to do it. Maybe it will go faster.
Process what? Ya file an amendment with the Delaware SOS raising the AS to whatever it's being raised too. Done. Nothing left to process.
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my point is that all those things have occurred. just because you don't see it yet doesn't mean it hasn't been done. No big deal. to be clear, they have been submitted, just not processed. it truly is not about anything but time now.
If the share structure of PLFF has changed it is the responsibility of PLFF to inform the TA, and the responsibility of the TA to TA to report accurate information. PLFF has already said they raised the AS. PLFF is, by the way, a public company.
If the transfer agent shares any information with the general public that is related to our offering and or name changes, share issuance etc, it would be a violation of securities laws and privacy laws. The contract with Pacific stock I have seen and reviewed personally, and the very fact that the lack of information from them to parties not associated with the stock is a good thing, not evidence some scam is afoot. I understand you guys want info and thats normal. gumshoes and private detectives aside, this is a real company with real employees and a real business. Real shareholders are being harmed by disinformation. The proof will always be in the pudding not in the understanding of "what should be" happening by outsiders.Thanks for always being on top of things td. i mean that out of respect. Financials are being reviewed by outside firm and being submitted very soon
A week later and the TA still doesn't know the AS as been increased. And PLFF still has not bothered to inform shareholders and the public what it has been increase too...
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Buyer Beware
Warning! This company is not making material information publicly available
Buying or selling a security on the basis of material nonpublic material information is prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators may be subject to civil and criminal penalties.
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The AS number as nothing to do with any of that. Simply change the number to whatever it is.
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it has been submitted. just takes a lot to change the cusip etc.
the transfer agent is also making all the shares electronic as well. This part I know because we have already been contacted by them about our position.
Seems they haven't informed the TA of the AS increase either... TA has been updating daily. No change.
https://www.otcmarkets.com/stock/PLFF/security
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Yep pretty darn informative. Meanwhile looks like existing shareholders about to get diluted
There are two services the "picked it up", paid for service and one doesn't work. That leaves the one.
Search link here
That as got to be the first time I have seen a PR to notify shareholders of an AS increase without saying what it is being increased too...
Lol
And so... How many shares are being issued? That was left out as well. And when is the R/S and name change effective? They left that out too.
What about the disclosure statements? Where are those???
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Buyer Beware
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Dilution??? More authorized shares and stock split. Not good imho
They failed to mention what they are increasing it too..
Cryptocurrency?? What?
Penny stock scam buzzword.
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Some of the news wires just haven’t posted it yet but here is one of the services we saw this morning pick it up:
https://www.issuewire.com/klmkh-inc-announces-cryptocurrency-infrastructure-and-shareholder-updates-1703919359223711
the zoom info about CEO is old. He resigned so the company could move forward publicly. These are the things we as a group have dealt with over and over through the years. Not a big deal.
Thank you for the link so we can have it updated to reflect the proper info.
there is no judgement against Susan or any party who is on the board of the company and or the management. I would not be invested there if it weren't so.
Yes there are no more burtons on the board. as the company went public they stepped aside so the company could have its day without the cloud of what happened 20 years ago over it. Susan is a mom and resigned at the merger. Her husband still works as an operator for the fields, but thats as far as they go. many people are invested with them in KLMKH including myself. They have been standup for years and years.
The debate should not be about people who dont have any role in the company anymore. It should be about how there company operates and thats it.
There is this too...
https://www.sec.gov/litigation/admin/34-47574.htm
https://www.bizjournals.com/charlotte/stories/2002/02/11/daily3.html
Wife Susan H Burton
https://casetext.com/case/united-states-v-burton-35
https://www.zoominfo.com/p/Susan-Burton/1162547303
Just putting that out there folks...
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From what was told to us the company, FINRA has not denied any filings. There will be a press release tomorrow from what we are told.
It's apparent that FINRA has either unanswered questions concerning the corporate actions or, has denied the name change and RS... FINRA typically processes them within 10 business days.
Who has said FINRA was way behind processing corporate actions?
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gang,
fair disclosure and tdbowie knife and I have been having a very good discussion between us men over the last day or so. Give KLMKH a chance. It is not about belief or fear, just about the company and it deserves its own chance. Some of the facts about the stock and the the company auditors and counsel are incorrect but that will shake out as the filings are made. I personally would just like to see more volume and liquidity, but that will come from performance.
thanks for taking the time to communicate with me direct TD.
No shares traded here for years. Only in since Jan/feb 2021
I’ve been here since those Blackburn days. Just saying he can’t be making $$$ on such low volumes and at low prices
So doubt he’s still around imo
Blackbeard and his cronies have been here for years and years just waiting to screw over the next batch of believers..
Really how do you know Blackburn is behind any of this. Meanwhile pps has done nicely so your comments don’t jive with what has happened here in the last couple months
I see Blackbeard paid some cronie to post here… funny stuff to say the least
This judgment STILL in play too...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=116647127
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Buyer Beware
Blackburn Scam
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They already did... Seems Blackburn got a hold Of KLMKH and has been striping it, and using it to rip folks off.
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They trying to make this thier new oil scam now?
The cloud over plff has been lifted thanks to the settlement with ARC.
Get Ready for epic gains!
All resolved. Higher pps coming
An independent audit shows that KLMKH operator is in big trouble. Looks just like the other Blackburn scams. Same MO... He acquires a company, gets large loans, strips the company of its equipment and stops paying the bills. When attached to a publicly tradable company he also uses false and misleading PR's, and paid for with stock and cash stock promoters to pump the stock and then dump large amounts of stock.
https://drive.google.com/file/d/1BddfuPkJMjrVbeGE63Iwh71MaUW3RCkX/view
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Buyer Beware
Ronald Blackburn Scam
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I just check all lease production for operator KLMKH and no oil has been produced since Dec. 2020.
Bond
https://chasm.kgs.ku.edu/ords/oil.ogl5.MainLease?f_lc=1001139619
Daniels 1
https://chasm.kgs.ku.edu/ords/oil.ogl5.MainLease?f_lc=1001139666
Daniels
https://chasm.kgs.ku.edu/ords/oil.ogl5.MainLease?f_lc=1051700802
Dunn
https://chasm.kgs.ku.edu/ords/oil.ogl5.MainLease?f_lc=1001138576
Edmonds A
https://chasm.kgs.ku.edu/ords/oil.ogl5.MainLease?f_lc=1001142135
Edmonds B
https://chasm.kgs.ku.edu/ords/oil.ogl5.MainLease?f_lc=1001142260
Edmonds C
https://chasm.kgs.ku.edu/ords/oil.ogl5.MainLease?f_lc=1001142494
Mestaugh
https://chasm.kgs.ku.edu/ords/oil.ogl5.MainLease?f_lc=1001139664
Noll
https://chasm.kgs.ku.edu/ords/oil.ogl5.MainLease?f_lc=1001139005
Osborn
https://chasm.kgs.ku.edu/ords/oil.ogl5.MainLease?f_lc=1001136686
Pennel
https://chasm.kgs.ku.edu/ords/oil.ogl5.MainLease?f_lc=1001139451
Seaver
https://chasm.kgs.ku.edu/ords/oil.ogl5.MainLease?f_lc=1001139305
Sedgwick
https://chasm.kgs.ku.edu/ords/oil.ogl5.MainLease?f_lc=1024006200
Troupe
https://chasm.kgs.ku.edu/ords/oil.ogl5.MainLease?f_lc=1001139450
Wagner
https://chasm.kgs.ku.edu/ords/oil.ogl5.MainLease?f_lc=1001139618
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Buyer Beware
Ronald Blackburn Scam
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Judgment against KLMKH for $4,667,880,00 bucks... KLMKH attorney is longtime fraudster Ronald Blackburn attorney Andrew L Kramer. CEO for his last SEC busted oil scam Treaty Energy, FNA (TECO).
https://drive.google.com/file/d/1xGcsN3HX6GgGJ08MuDlqkInSz9avgPJh/view?usp=sharing
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Buyer Beware
Blackburn Gang of Cons Scam
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Looks like your stirred the sleeper! Some increased volume today. Love the crypto idea with excess solar. They could become a clean energy crypto miner or use block chain to transact green energy
Getting excited here
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