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PRFC(.0045)...accumulated a position....

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Potse   Friday, 06/14/19 02:16:42 PM
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PRFC(.0045)...accumulated a position....

Accumulated a 1.8+M share position in PRFC at a .00378 average. Risk/reward at these sub-.005 levels looks pretty interesting to me. The recent activity involving the Nevada filings and website registration(s) all seem to suggest that some type of corporate activity is approaching. I figure it might be a good idea to be pre-positioned ahead of any additional activity/announcements.

Nevada filings: On May 8, 2019, the authorized share count was increased from 300M to 425M. There also was an amendment/designation of the 15M preferred share shares.

https://www.nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=nl8z1x%252bFcOtkpsLiuhPLrA%253d%253d&CorpName=EPCYLON+TECHNOLOGIES%2c+INC.

Bridgerock Technologies website: When the Bridgerock website registration was updated in January 2019, Epcylon Technologies became the new registrant. Before PRFC went dark, it was known that PRFC was interested in acquiring Bridgerock.

https://domainbigdata.com/bridgerocktech.com

Epcylon has registered other websites: Epcylon Technologies has registered some other websites in late May and early June. Two of the sites are probably related to crypto/Forex trading, and the other two sites are for an asset management company owned/managed by James K Lau.......

Quote:
Mr. Lau started out as a financial analyst, covering the “special situations” sector. In addition to stocks, he also traded bonds, foreign exchange and other derivatives, before founding Jameson International Foreign Exchange Corporation (“Jameson FX”), a company established to help corporations hedge their foreign exchange exposure. Jameson FX was one of the most prestigious and successful foreign exchange companies in Canada, generating an average ROE of consistently 100% and a ROI of 18% over the span of 18 years. As a result of his accomplishments, Mr. Lau was nominated E&Y’s Enterpreneur Of The Year. Mr. Lau then turned Jameson FX into Canada’s #22 Schedule I bank – Jameson Bank. He was the Bank’s largest and controlling shareholder. In addition to Jameson, Mr. Lau also launched a fund of funds in 1999, with $100mm USD of assets under management. In 2017, Mr. Lau teamed up with a Middle East investment group and invested in Titan Reinsurance Ltd based in Bermuda.



The timing of these registrations seems extremely interesting to me, given the Nevada activity I mentioned above. The sites related to Jameson Asset Management recently became active......

https://domainbigdata.com/nj/PP3n-TarhWA8jfxp_wJEZI0CAXS1kx0hIrEL1oGgGBQ

https://www.jameson-asset.com/



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