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Service of Summons and Complaint to both Randolph Franklin and KLMKH was Oct. 30th. So an answer from them both as defendants is due Monday.
Hey Andrew Kramer... You doing this one too?? Or will clown lawyer Henry Klein be the one??
Andrew Kramer and Henry Klein are Ronald Blackburn's bought and paid for gang of cons attorneys.
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Buyer Beware
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I was also told that the ARC judgment of 4,667,880.00 bucks would be paid beginning of July. ARC has not received one red cent of course. Another LIE.
Instead, they rip another funder off in the very same way... This all sounds just like a Blackburn scam MO. And by the way, there are STILL at least 3 members, and likely more, of Blackburn's gang of cons involved with PLFF.
https://drive.google.com/file/d/1fXXgzJq1QQ3bhllsJOu5FH74HE8R6yCo/view
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Buyer Beware
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This is the accountant for KLMKH / PLFF.
Tyrus C. Young, convicted child molester.
http://sexoffender.ncsbi.gov/details.aspx?SRN=035656S9
https://www.alignable.com/charlotte-nc/factsco-llc
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Buyer Beware
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No mention of the Meged Funding Group lawsuit in the disclosure statments. And, I was lied too. I was told that Tyrus C young, a member of Ronald Blackburns gang of cons and convicted child molester, was fired by the PLFF board. He was not. His signature is on this filing dated 11/10/2012.
https://www.otcmarkets.com/otcapi/company/financial-report/310474/content
http://sexoffender.ncsbi.gov/details.aspx?SRN=035656S9
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And.... Another lawsuit filed 10/25/2021.
https://drive.google.com/file/d/1fXXgzJq1QQ3bhllsJOu5FH74HE8R6yCo/view
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What KLMKH is reporting and what the State Oil regulator is reporting are TWO different things. The last production reports showing are from JUNE and show production from 3 leases for a grand total of 156 barrels.
PLFF is just another share selling scam. Problem is the stock is not DTC eligible and has very little liquidity.
And the guy behind the curtain is James Reuben Burton, Jr.
https://www.bizjournals.com/charlotte/stories/2002/02/11/daily3.html
https://casetext.com/case/united-states-v-burton-143
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It seems what little production there was after restarting around March has ceased. I find it very hard to believe that KGS is 5 months behind in posting reported production.
Last reports of any production are for 4/2021 and from 4 leases:
Osborn 97.74 barrels
Mestaugh - 32.58
Edmonds C - 73.88
Bond - 128.33
Total - 332.53
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Heck... They even amended that disclosure statement on the 18th and STILL neglected to mention this in the Subsequent Events...
Writ
https://drive.google.com/file/d/1tfWgOryXSquH44yAjxZ5lo5PYtfEvhV4/view
https://backend.otcmarkets.com/otcapi/company/financial-report/297031/content
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I think it's safe to say the SEC had more questions about the name change...
Caveat Emptor
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No mention in the disclosure statement posted today of ARC looking for assistance from the US Marshall to sell of PLFF/KLMKH assets to pay off the $4,667,880.00 judgment. No mention at all of how they are going to pay, what they have claimed was an agreed upon judgment, that they have so far refused to pay anything. They certainly don't have the cash. And they certainly don't have any sort of payment agreement they've followed through with if ARC is seeking help from the US Marshall. They did manage to dole out more stock to members of Ron Blackburn's gang of cons though.
Writ
https://drive.google.com/file/d/1tfWgOryXSquH44yAjxZ5lo5PYtfEvhV4/view
August 12 disclosure statement
https://backend.otcmarkets.com/otcapi/company/financial-report/295764/content
I remind folks of this as well... I have seen many inconstancy's with what PLFF has said, and what it does.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164363644
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So what are you trying to say?
The disclosure statements are incomplete and misleading. They were put together by Ronal Blackburn's guy Tyrus C young. A member of Blackburn's gang of cons for years. He's not only a lying scammer, but also a child molester.
http://sexoffender.ncsbi.gov/details.aspx?SRN=035656S9
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Buyer Beware
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I also don't believe FINRA will process a RS for PLFF, or the name change for that matter, or it would have happened by now. To many criminals involved here generating to many questions. Best they can do is keep raising the AS by a billion or two at a time. Don't need FINRA for that.
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Buyer Beware
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Thing is... It was said that KLMKH could pay that judgment. Yet they haven't. Looks to me PLFF is just trading one group of lying scammers for another. And who knows for sure as most the old are still around. Even the guy who wrote the completely fake environmental impact report for the Treaty Energy fake oil strike Belize scam.
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Buyer Beware
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And then there is this recent whopper of a development...
The Sherriff going to be extracting payment for ARC with a Writ of assistance for a 4,667,880 Judgment. PLFF says 4.6 million in their disclosure statements, off by 67,880 bucks. What else are they misleading folks with?
Writ...
https://drive.google.com/file/d/1tfWgOryXSquH44yAjxZ5lo5PYtfEvhV4/view
Judgment...
https://drive.google.com/file/d/1xGcsN3HX6GgGJ08MuDlqkInSz9avgPJh/view
Complaint...
https://drive.google.com/file/d/1ZZzLEmKj5nPvsCG7GJinl-_PNTjGaa7K/view
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Buyer Beware
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Got to pay themselves before the RS
OS has now recently increased 35,000,000 shares to 1,352,092,905.
Caveat Emptor
PLFF already has a sponsoring MM, otherwise ya wouldn't see an active bid ask and would be trading Grey Market.. Those other MMs would be piggy backing that sponsoring MM.
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welp all gone now.
on the level 2 at the moment there is a large block buyer at .07 for ahalf a million shares. we just need to get the company to hook up a broker dealer and or a market maker. any suggestions that can be passed along?
Yep, it needs to be removed and updated...
That's true PLFF history in the intro that should never be forgotten.
Caveat Emptor
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Nice! Looks like most of the old "Intro Messages" need to be removed and updated? A lot of false info up there.
PLFF Now Pink Current
https://www.otcmarkets.com/stock/PLFF/disclosure
The problem would then be selling them... It goes both ways.
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Only 1.5mil shares held at dtc. This could fly to $$$$
The TA has finally updated the share structure after market close July 23rd... Looks like the new issues are restricted.
Outstanding Share 1,351,092,905 07/23/2021
Restricted 1,239,327,358 07/23/2021
Unrestricted 111,765,547 07/23/2021
https://www.otcmarkets.com/stock/PLFF/security
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The Transfer Agent does know. The transfer Agent notified us yesterday the issuance was immanent. This has been a crazy road for the KLMKH guys as there was just a web of things to go through.
Security Information
Trading Symbol: PLFF
Exact title and class of securities outstanding: Common CUSIP: 687311100 (pending change pursuant to merger)
Par or stated value: $0.001
Total shares authorized: 500,000,000 as of 03/31/21* Total shares outstanding: 467,527,218 as of 03/31/21* Shareholders of Record 403 as of 03/31/21*
Exact title and class of securities outstanding: Preferred Par or stated value: $0.001
Total shares authorized: 1,000,000 as of 03/31/21 Total shares outstanding: 40,000 as of 03/31/21
Subsequent to the year end, we will have increased the authorization to 1,500,000,000 shares, with a total issuance of 1,316,092,905 shares. Preferred stock will have been converted into commons shares.
https://backend.otcmarkets.com/otcapi/company/financial-report/291217/content
Now go tell the T/A!
Holy smokes... A market cap of $223,735,793.85???
This should be trading at 2 cents. 3 cents forward looking tops
AS 1,500,000,000
OS 1,316,092,905
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Benjamin Weyand has 6.05% ?? Lol... He's the son of Richard Weyand of Orpheum Property, PLFF. Benjamin wrote and assembled a so called "environmental impact statement" for Treaty Energy and their Belize oil concession scam. Testified he did it without ever setting foot in Belize and got all his data from the internet... Lol. A scam from the start.
Richard Weyand is a long time Blackburn gang of cons member. Was known as one of the "Frisco Boys" along with Peter Thiessen and Kelly G Rogers.
And by the way. Andrew Reid is not appealing anything. He's on the run. Treaty Energy settled accepting that everything in the SEC complaint was true and would accept any and all the Judge decided to dish out. Ronald Blackburn, Michael Mulshine and Bruce Gwyn are the ones appealing the judgment and they have already lost twice. They will lose this one too as they are using the same bullshit tired argument with absolutely nothing to back it up.
Treaty Energy settlement agrement.
https://drive.google.com/file/d/0B8fPIL-cKPM-a1Y0LU1zLVo0WU0/view?resourcekey=0-jV6T1UfkB_pKWHVuB7nFRg
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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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