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.
