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I absolutely agree with you.
It would be great if you would go into the Telegram board and raise these items. As of now the new CEO has been answering many questions.
Sorry, double post
Soapboxmom, I suggest you check out https://t.me/RealProtekCapital.
I for one am willing to give the new CEO a chance especially since Vasker is no longer involved. I have nothing to lose, only hope Alex can turn PRPM around and get it current.
So before i head to bed, i checked IHUB. I wont generally post on ihub on my own stock because thats unprofessional… however, i noticed a long time interested party Kool Aid Man asked some question. Seeing as though the temperament of his inquiry is of genuine interest, ill respond… if someone wants to tell him from here…
“When will Eddie Vakser be removed from OTC? When will new management have access & control over PRPM's OTC back office?
https://www.otcmarkets.com/stock/PRPM/profile
Can people even buy shares in this? If so, how?”
My answer is:
Eddie Vakser will be removed from the profile once the profile is updated. We are working on that. However most of my time has been regarding “value” of the books. Also, now the SS and trying to see if i can somehow reduce the share structure while PRPM is expert market.
Some offshore brokers can buy PRPM or trade it… mine technically can… but its a niche broker and not accessible to general public unless your invited… but i know some brokers in Canada can and some in EU and other islands can.
We will do this in order. Once i find out the feasible process to potentially doing Expert Market Buy backs ill start getting it current… if i have the ability to buy back at under .0001 while on Expert Market im going to… theres no sense in paying more for shares than the company has to.
This is a process. The point is to create value for existing holders who had balls of steel or wills of iron….not to try to cater to people who missed the boat prior to my entry. Although i definitely was a dark horse opportunity that no one expected could happen.
Best,
Alexander M. Woods-Leo
You should checkout https://t.me/RealProtekCapital
New CEO could answer that question.
They are also looking to see if they can buy back before moving to pink sheet.
Re: BDGR
“PRPM only has 3 affiliations,
1. With itself Protek Capital Inc
2. With Paragon Square Inc as a majority owned subsidiary
3. SQD Token”
Apparently, BDGR is on its own, most likely linked to AURI.
Paragon Square Inc. and Protek Capital Inc. sign a Binding LOI
July 26, 2024
Protek Capital Inc. Trading under Ticker PRPM on the OTCMarkets has recently signed a binding LOI with Paragon Square Inc. to become a majority owned subsidiary.
Under this agreement regardless of wether or not the transaction becomes finalized. Paragon Square Inc. will pay Protek Capital Inc. 3,000,000 Preferred D shares with the following rights:
A. The shares have no Voting Rights
B. The shares are not Convertible
C. The shares have a first rights buyout by Paragon Square Inc. for 2.00 per share.
D. The shares hold a 3% revenue dividend from Paragon Square Inc
E. The shares are transferable
F. In the event of a liquidation by Paragon Square Inc. Preferred
D holders are entitled to 5% of the liquidation
Protek Capital Inc. will also receive 100,000,000 million Squared Tokens as a digital Asset as part of the contingency of signing the binding LOI.
Both companies acknowledge that the final definitive date for executing this acquisition is August 10, 2024. If this date arrives without a written dismissal of the deal by both parties then the contract will be enforced based on the Binding LOI.
In the end, shareholders will retain their current holdings in Protek Capital Inc.I
Protek Capital Inc. Repair Plan
July 29, 2024
Protek Capital Inc. trading under ticker PRPM on OTC Markets, has recently been reinstated with the Wyoming SOS.
The new management for Protek Capital Inc. has initiated a plan to take the company from Alternative Reporting Expert Market to Current SEC Reporting status.
The company plans to conduct PCAOB Audits with respect to the last 2 years of bank statements.
The company plans on Filing a Form Reg A+ Tier 2 or an S-1 with the SEC to become an SEC filer.
Both of these bench marks are planned to take place in the next 9 months.
Protek Capital Inc. New management has no interest in filing for a reversese split, ticker symbol change or name change as we believe all these filings are either fluff, a waste of time, and a waste of money given that the company can conduct business when we fully repair the ailments of status.
Our plan is to organically clean up the share structure over time and to acquire subsidiaries to Protek Capital Inc. when the company is no longer a shell.
Protek Capital Inc. is now a subsidiary of Paragon Square Inc.
July 29, 2024
Protek Capital Inc. trading under Ticker symbol PRPM on the OTC Markets is now a subsidiary of Paragon Square Inc. a private company specializing in goods and services Marketplace applications.
This transaction was paid for using Paragon Square Inc Preferred D shares with the following terms:
A. The shares have no Voting Rights
B. The shares are not Convertible
C. The shares have a first rights buyout by Paragon Square Inc. for 2.00 per share.
D. The shares hold a 3% revenue dividend from Paragon Square Inc
E. The shares are transferable
F. In the event of a liquidation by Paragon Square Inc. Preferred
D holders are entitled to 5% of the liquidation
Also, Paragon Square Inc. Transferred a digital Asset to Protek Capital Inc. 100,000,000 SQD Tokens.
Ultimately this transaction calls for no Reverse Split, no name change, and no changes to Protek Capital Inc. share structure.
The goal of Protek Capital Inc. is now to become current and SEC Reporting. The company has no plans of dealing with FINRA for a reverse Split. We plan on cleaning up the share structure over time as the nature of the Preferred D is meant to jump start financing for Protek Capital Inc.
Hope is true. Time will tell.
Things seem to be moving
www.protekcapital.com
For what is worth looks like some activity
https://stocktwits.com/Gloverfield/message/579076164
From the money they got from the last offering if they haven’t paid loans back.
I asked the question out of curiosity as I’m not familiar with what is allowed.
Question:
Could AMC buy back at these prices which would drive stock up and then do another stock offering?
Going over proxy for annual meeting. What is the consensus on voting?
Eddie, good to see you post a shareholder update, unfortunately it only addresses Auri.
My question to you is, how does that benefits PRPM and its shareholders?
Would love to hear a response from you?
What's the relationship to PRPM.
You are promoting your own company which is not topic related.
At this Annual Meeting, the agenda includes the following items of business: (1) a proposal to approve an amendment to our Amended and Restated Articles of Incorporation to increase the number of authorized shares of our common stock (the “Common Stock”) from 249,000,000 to 750,000,000; (2) a proposal to approve an amendment to our Amended and Restated Articles of Incorporation to increase the number of authorized shares of our preferred stock (the “Preferred Stock”) from 1,000,000 to 5,000,000; (3) a proposal to amend our articles to authorize the Board to effect a reverse stock split in a range of 1:2-1:20; (4) approval of issuance of shares of common stock upon conversion of our Series A Preferred Stock; (5) approval of issuance of shares of common stock upon conversion of our Series B Preferred Stock; (6) approval of issuance of shares of common stock issuable under our proposed PIPE financing transaction; (7) approval of our acquisition of assets of A360 Media and potential resulting change in control; (8) frequency of nonbinding advisory vote on “say on pay”; (9) advisory vote on “say on pay”; (10) election of directors; (11) ratification of independent registered public accounting firm; and (12) the transaction of any other business properly brought before the Annual Meeting or any adjournment or postponement thereof.
Weren’t the shares increased to be issued as dividend to PRPM shareholders?
As the dividend hasn’t been issued aren’t those shares locked?
Interesting connections between Rhonda and Timothy Chee Yau Lam.
Check out UOLI
https://www.sec.gov/Archives/edgar/data/1081834/000121465922005223/u4822010k.htm
News -
Lomotif Launches Beta Version of Lomo Ads and Integration with Google Ads; Largest Ad Network in the World
News
Got the message that the 300 max had been reached to try later
Room full. Max 300 watching
I’m not a lawyer but based on what I read there shouldn’t be any case. I have seen many times where LOI is for the purpose of negotiation and the follow up was failed to negotiate —- case closed.
From the case link you provided it reads:
“Nothing in the LOI constituted a binding agreement between the parties to do other than engage in exclusive negotiations that could lead to a formal agreement. In fact, the letter of intent specifically set out provisions for its termination in paragraph 5 ofthe letter set out below:
"5. Termination. This Letter oflntent will expire in fourteen (14) days from the date of execution unless extended at any time by mutual consent of the parties. Upon such termination, this Letter of Intent shall have no force and effect other than under paragraph 2 (Confidentiality)."
13. There are no other written documents memorializing any other agreements between the parties in this case. Subsequently, negotiations between the parties broke down and failed to result in an agreement. The LOI expired under its own provisions set out above not later than March 7, 2013, which date was fourteen (14) days after the LOI was signed by Edward Vakser.”
Meeting over. Missed it
Did anyone listen to it?
What was the result of vote?
Followed proxy vote to access meeting.
Don’t know if it will open site.
https://event.webcasts.com/viewer/faq.jsp?mType=a&closebtn=no&useHtml5Slide=true&ishtml5player=true
Revised Shareholder’s meeting to Wed Aug 31 01:21:06 GMT 2022
Shareholders Meeting - wonder why the meeting is being held so late —- Tue Aug 30 21:27:23 UTC 2022
Fidelity show $7.30
My 2 cents worth
IMO we may see the pps rapidly go down for mm to reload with panic selling and stop loss orders, then a rebound back to close green.
8k out.
Excerpt from it
“On August 4, 2022, Nasdaq halted trading of the Company’s common stock. As of August 15, 2022, the Company’s SEC account has been unfrozen and filing passcodes have been re-established. The Company plans to submit the information required by Nasdaq after this filing is made to request reinstatement of trading.”
Picked up 5000 shr 1.36.
Will get more if it goes below 1.25.
IMO has hit low. Expecting to see green after 2pm
Gap closed. Heading back up
Try selling at market
Where’s the promised 8:48 am pre-market PR?
You need to get off your soap box and get your facts straight. Polygon is a wallet and the token is currently trading in biloxy.
The reason for low volume is that holders are holding for staking. Any complainers that they haven’t received their tokens have not responded to emails that they haven’t provided all info required or they have not filed for them, or are just plain lying.
We won't know until it goes live and see if it adds to the bottom line of the BDGR and parent company PRPM.