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thanks for posting lucky, I was an unlucky trader in PSNP (need to check my losses not too much maybe 5 grand, but its the principal that matters, plus I lost a lot in Intertech Solutions (ITEC) where i was a Private placement investor and also learned that Marshall was the man behind the scenes there also). As usual, it appears that the SEC is just going to slap the wrist and not get any money back from this crook, gets me so damned angry. Same thing with ITEC with CFO David Naylor, damned liar.
PSNP registration revoked:
https://www.sec.gov/litigation/opinions/2019/34-86172.pdf
PSNP SEC Admin. Proceeding for severely delinquent Financials/Filings: (*note: previous Suspension Sept. 2,2016)
https://www.sec.gov/litigation/admin/2018/34-84086.pdf
PRM, This was a sarcastic Post on my part! :)
Re: The man behind a 2,800% rally is now
Looks like he is now CEO of a SEC-suspended company, which will eventually trade without quotes on the grey market.
The CEO is probably gonna go into hiding during the SEC investigation?
PSNP The Securities and Exchange Commission (“Commission”) announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the "Exchange Act"), of trading in the securities of Preston Corp. (a/k/a Preston Royalty Corp.) (“PSNP”), of Austin, Texas, at 9:30 a.m. EDT on September 2, 2016, and terminating at 11:59 p.m. EDT on September 16, 2016.
PSNP SEC Suspension:
https://www.sec.gov/litigation/suspensions/2016/34-78757.pdf
Order:
https://www.sec.gov/litigation/suspensions/2016/34-78757-o.pdf
The Commission temporarily suspended trading in the securities of PSNP because of questions regarding the adequacy and accuracy of available information about Preston Corp. in light of a false statement about the permitting status of a mine in the company’s August 10, 2016 press
release and questions regarding the adequacy and accuracy of clarifications Preston Corp. provided in a September 1, 2016, press release about the mining project. This order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act).
The man behind a 2,800% rally is now CEO of Preston Corporation (OTC: PSNP)
You've probably heard of Creative Edge,
if you follow Wall Street news at all.
See, a few months after Creative Edge had hired W. Andrew Stack, its stock price rallied 2,800%.
2,800%! And now he's CEO of
Preston Corporation (OTC: PSNP).
Good stuff - http://theprofitletter.com/psnp/index.html
Interesting setup .31
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