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Hilarious...a few weeks ago, chitter chatter was that it was “no big deal that we got a stop sign”
Now we see how important that 10K was, the chitter chatter is proclaiming the validation of the 10K and the company becoming current!
I said it was important, cheer it up!
Glad that Tony had time to talk to you.
I think we are a ways away from that. My impression is getting the proof of concept with the prototypes is the first step. A partnership for production based on the proof of concept results. Then the monetizing of the data down the road...
We have a ways to go, but I guarantee that when it comes to a production deal and the prospect of monetizing the data...we will be FAR FAR above these pps levels.
They just field the late 10K should be current tomorrow or Monday. Takes a couple days for OTC markets to update.
10K Filed!!!
I think some people chased this up to .21 and expected a manufacturing deal with Ennis Flint to be announced in a week with the American roads filled with SRT’s the following week lol.
So many other otc stocks running, impatient fomo of being left behind, the list goes on.
If you think the technology is real, the patents are legitimate, that PMPG’s management is on the up and up....don’t worry about the short term. Don’t worry about the low volume selling.
A late 10K should be out any day followed by a the first quarter 10Q. That 10Q will probably have some pertinent and material info hopefully. We just have to wait and see or sell and move on...seems like some sellers aren’t getting the action they expected here. Not a big deal in the long run. We know how this this trades and how quickly it moves up with volume and down with little volume.
Brooks spent several minutes talking about the patents and mentioned working with Microsoft and developing SRT’s through the proof of concept phase.
I doubt that. The core of the visual
Presentation is the slides being presented. I think most get that, most people understand that presenters talk off camera under a moderator (Tony). Not a big deal my friend.
The video focus is on the slides presentation not who is talking.
How many here are watching the conference? Tony should be coming on any minute....
“Because if one late fling causes you not to buy or causes you to sell than you then you are not doing thorough DD.......”
That was the original point of my post before some started freaking out that I pointed that out!!! Before we went on this long pointless tangent.
White washing the stop sign on this board where new investors and traders come for DD doesn’t explain what is really happening with the ticker, that’s my opinion. My point, like has been done already with other posts by other posters was the need to explain that here. To offer up the DD instead of glossing over it. To draw attention to the fact that the company has reasons for choosing the route that ended up leaving the company out of compliance with OTC markets (and a simple opinion that I disagreed with that route) and what they are doing to regain it.
Instead some took that as an attack on the company....very fragile folks.
Yeah I never said a Stop Sign interferes with anything you just mentioned. It doesn’t even interfere with reading comprehension apparently lol.
Weak correlations, excuses, and grasping at straws doesn’t change the actual fact that a ticker with a Stop Sign will cause investors to stay away from a stock. It’s not a great thing to have for an emerging company, that’s why PMPG has spent thousands of dollars to clear that up already. That’s why PMPG will clear it up once they get the old issue with debts cleared up. They know it’s not a good thing to have, that’s why they became current in the first place, that’s why the spend the time, effort and money trying to regain compliance. Until then it stays.
It’s not a great thing to have a stop sign, in fact the opposite of great is terrible, why is that so hard to grasp? We both know it will be gone, we both know PMPG has a great future, and we both know there will always be gamblers willing to take the risk on CE stocks, the same way I took the risk on loading up a non-reporting, defunct, shell with a stop sign and I’m happy that I did.
I have stayed away from many Stop Sign tickers and I was right about staying away 90% of the time unless I played them for a quick flip. There will always be that one anomaly that stands out. In fact my original draw here many years ago was for a quick flip, I stuck around instead on a gut feeling.
Thanks, that’s the kind of info that helps those coming onboard!
The stop sign is terrible for new investors to see while taking their first glance here, it will be gone soon, PMPG isn’t terrible it will be fine. Simple enough now?
I probably wasted too much board space on that nonsense lol.
Oh well, still many good things to come I bet!
What’s stupid is ignoring it and pretending it doesn’t exist instead of maybe explaining to new investors why it’s there, when it happened, how it’s going away, how it got there, what the company is saying they will do about it and what the company will do moving forward.
The company has explained that, we on the board discuss that like we do any significant or material event the company has. Good or bad.
There will always be setbacks, to think otherwise is naive or even inexperienced in the world of pink sheet stocks. I believe those coming in and holding through any setbacks will be happy in the end.
Hope and belief aren’t necessarily mutually exclusive.
No I act like someone who has been and will continue holding a significant amount of shares since the subs.
I want new traders/investors to get as much info as they can as they come looking at our board.
Nope that’s not bad when you know what going on and how reverse merge custodian plays may work. This isn’t one of them.
PMPG was current as the shell was taken over, it’s not now because of not filing the 2020 10K. Pointing that out and why it’s a temporary set back seems to be a little to much to comprehend I guess? It’s ok, it won’t matter in the long run, like I’ve said before, they didn’t come this far to go dark in just three months with so much potential coming down the pipe.
“Soft bashing” that’s cute.
Because it is terrible to have a Stop Sign on your profile imo. Duh.
I know why it’s there and I know it will be fixed soon. Not everyone doing their initial DD may know that. That’s why we have a board for people to share the DD and opinions they do have, including the negative.
Who is talking about that? Your concern was my observations on the stop sign. That’s what’s I’m responding to.
My only concerns with the LoI’s is a lack of an 8K follow up. Those filings do have a cost and will come as things solidify imo. Tony and the new group are so deep in the early stages of taking over this ticker, that there is still much work to do. A far greater timeline than most of the attention span and patience of the typical OTC “investor”.
Because I look at it without pumping bs, I look at the facts. There are no guarantees here and hope ain’t a bad thing in the OTC.
I’m not bashing this ticker, don’t be frightened of observations that seem to scare you. I’m explaining to some extent why we do have a stop sign now, how PMPG will move forward getting OTC current, and providing additional insight as a long term holder to those who may be doing their initial DD and seeing the stop sign on OTC markets.
The history here is long, it’s frustrating, but IMO it has always been a vehicle for real potential....we are seeing that now. Holding out hope it works out means there is always a chance it doesn’t. That’s just being reasonable, not a pumping charlatan.
It ain’t meant to scare anyone off, it’s explaining what is happening to the ticker right now, like it or not, it’s an observation. I’m probably one of the longest and largest holders on the board. Been here long enough to know what’s going on, what’s gone on, the players that came and went, and where we are hopefully going.
Welcome to PMPG. Hopefully it turns out right this time.
And how many other OTC companies claim they are “doing it”? That’s the problem, confidence in the pinks can be easily shaken, a stop sign is a terrible sign in the OTC market as a company is attempting to make progress.
I think it was a bad idea to let that happen, a correction down the line would have been more prudent imo, but I’m not the one running things. Tony has his plan and reasons, as disappointing it was that he chose to let the ticker get the stop sign he is the one in charge. Hopefully this will be behind us in the next week.
He has been here for years, invested in some of the other reverse mergers that were attempted and failed over the years. Got burned and probably sold sub penny shares.
Those events all occurred in 2021, the 10K is for the period ending December 31st 2020. The first quarter 2021
10Q will have much more pertinent information.
Well duh, there are no assets and no revenue in an empty shell. That’s why it’s called an empty shell, that’s all it’s been all these years. It is not an empty shell anymore, filings will be different going forward, I don’t need to explain why.
The online chatter is definitely picking up, it’s unfortunate that we have that stop sign causing new investors to quickly pass and move on (not knowing that the company already went through much effort getting current recently). If I haven’t been here all these years and I just came across PMPG, I would see the latest news and updates by a company with a stop sign and think nah....just another BS Penny pump by a non reporting defunct ticker.
We need that stop sign gone ASAP of course. The company has done what it can to address it, explaining the reason for the delay in the 10K. But that requires new investors to get passed the stop sign and keep digging, a big hump in the OTC world that PMPG is currently a part of.
That 10K can come at any time, along with the 10q that’s also now due, once the stop sign is gone I believe things start moving again. Those of us who have been here haven’t gone anywhere, those new investors who have done the digging past the red flag of the stop sign are building their new positions on low volume (although higher than avg volume for PMPG, just low volume in general for the steps a company like PMPG has taken so far) .
So yeah, I am hung up on the Stop Sign, those that say it doesn’t matter are just making excuses. It does matter and yeah I know stop sign stocks run all the time and they also usually crash when the game is done. For PMPG It will be gone soon and we can move on. Tony and the rest of the team is looking long term and don’t seem to be as concerned about it. That’s a good sign to me that it is being addressed and corrected fairly soon.
Great post!
While I agree that it isn’t catastrophic in this case, due to the late 10K and the VHMC issues. It’s never a good thing for investors to see on the profile who may be doing their DD in buying shares. Of course further DD will explain why its there, assuming they make it past the red flag of a stop sign.
The 10K will get filed within two weeks or so according to Tony to clear that up, followed by the 10Q for the first quarter to stay current.
In the meantime shares are at a bargain imo, they may stay here for a while as Tony and the team keep working on moving things along. They didn’t go this far to go dark, that’s for sure.
Looks like we got our Stop sign on OTC markets....was afraid of that, Terry Stein said yesterday it wasn’t likely to happen lol.
Tony said the 10K should be out within two weeks, hopefully the delay and the stop sign was worth it....
If I remember correctly, you mentioned it was the “crypto” pump hype that brought you to PMPG, fake Twitter account and all! Those games were going around back then with defunct tickers and groups scamming their way through them. Several defunct tickets came to life during those days with fake PR’s and fake Twitter accounts by what I imagine would be overseas charlatans on their keyboards.
I don’t believe that those in control of the PMPG played games like that with this ticker, it has been imo a solid shell with a great share structure that could be used for something legitimate. The shell had switched hands over the years with various management coming in to make something out of it...but there always ended up being a hiccup leading to a failure.
Was that really the issue with the VHMC note holders? Dempsey explained how that filing was an attempt to remove the debts and notes from PMPG into a subsidiary (VHMC) and provide a clean slate for PMPG. Seems to me that didn’t work out as completely as planned?
Tony explained that’s what’s holding up the 10K during the zoom call. The issue of those VHMC notes, the issues shares that were given to those note holders and wether it was correct or not. I believe selling VHMC is more an attempt to differentiate VHMC from PMPG relating to that filing from 2018 you referenced.
From today’s call it seems clear to me that management is focused on bringing the patents into a marketable and tangible product. They don’t seem concerned with pumping the PPS in ways I have seen other OTC management groups do. That’s a good thing to me for the long run, yet it is a bummer for the short term,
Dempsey seems to have a better understanding of that filing from 2018 than what I can explain, maybe he will chime in.
PMPG as a company is 4 months old. If one is investing based on current profitability of a four month old company one will surely be disappointed.
As far as not going directly to a Fortune 500 type company, looking at the marketing experience of Jeffry Brooks kind of tells me that Terrence Berry is doing that while maintaining control of the patents. He has the technological background, Brooks has the marketing background to approach these companies,
Berry could have sold the patents lost control and took the money, just like Zuckerberg could have sold Facebook at 21 years old for 500 million dollars. Or he can hold the control while they build the product? He could be smartly thinking long term, having Brooks on board with his background validates that to me.
I think this is the resume profile of CRO Jeffry Brooks.
https://www.signalhire.com/profiles/jeffrey-brooks%27s-email/118385021
I wouldn’t say it was a nothing outfit, sure nothing in the sense that PMPG was an empty shell. I don’t think PMPG suddenly got its hands on the technology as much as there was already a partnership in place with those involved in taking over the shell for the specific purpose of monetizing the SRT patents.
Definitely a long term hold here, the potential for the data flow they can monetize is huge!
For most in the OTC “long term” is probably holding through settlement dates lol.
Terrence Berry, Jeffery Brooks, and Tony Hicks did a great job. Wish we could have gotten more clarity on funding to get the SRT on it’s way, but that will come in time I suppose. This meeting was more about an explanation of the technology.
That was a great meeting! I’m impressed
Probably that they aren’t going to file the 10K on time to stay current, an explanation on how it appears they were too early in talks with Ennis Flint and how far along that actually progressed. Remarks on the need for additional funding to get to the proof of concept phase and what that means to current share holder value. With that they will obviously address what happened with VHMC an the noteholders and how they are clearing up or hopefully cleared up that mess.
To me it sounds like there have clearly been setbacks, those usually occurs because I think they may have gotten ahead of themselves with the things like Ennis Flint PR.
This is so early on the development phase to bringing something to market that shareholders are going to be told to be patient and hold on a while. Personally I would agree with that sentiment based on where I think things are at the moment....maybe I’m wrong.
I don’t see anything tremendously positive tomorrow, if anything getting a yield sign for the lack of 10K of it doesn’t show up will be a failure on their part. Just means if you think the patents have value, that Tony and the new team are going to make this happen....you are going to have to sit tight and wait a while longer or sell and come back later with validation.
What’s the right choice? Hopefully tomorrow makes it an easy one to want to hold on longer vs bailing out.
I plan on sticking around. I’m still optimistic that Tony and the team will make something exciting happen this year.
Oh yeah, so used to stop signs I forgot about the yield sign lol!