ProTek Capital Inc (PRPM): I've been looking into the honesty of th...

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Budd Kind

Re: 2014shelby post# 88165

Tuesday, 07/01/2014 3:26:10 PM

Tuesday, July 01, 2014 3:26:10 PM

I've been looking into the honesty of their attempts at resolving this Global lock and it seems like they are at least trying.

Simon Kogan wrote their embarassingly aweful looking attorney letter that is posted on OTC Markets withthe date 6-18-14. However he is a real attorney and represents clients with DTCC issues.

This is the section on his website that addresses his DTCC focus:
http://www.koganlaw.net/Practice-Areas/DTCC-Issues.shtml
and
http://www.koganlaw.net/Articles/Dealing-with-deposit-chills-and-Global-Locks11613-1444.pdf

Based on what you'll read from their attorney, the DTCC lock removal process is lengthy and entirely uncertain, but at a price of .0001 or .0002 it may be a good gamble. They certainly are paying Mr Kogan for his series of attorney letters.

http://www.otcmarkets.com/stock/PRPM/filings

good luck!

BK

It's a game. Figure out the rules and play by them. Otherwise you'll be radio-silent crying on the sidelines.