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lucky, mydog

07/02/17 12:37 PM

#58474 RE: pennypincher156 #58472

Not everyone assumes all filings are lies.

what filings? there were none. if you are talking about submissions to otcmarkets, then yes. everyone should assume they are lies and start from there.

1manband

07/02/17 1:22 PM

#58483 RE: pennypincher156 #58472

Not everyone assumes all filings are lies.



PGPM has no filings. They are not an SEC registrant.

What they do is pay OTCMarkets to post "disclosure" on their website. Those documents should never be considered factual in any way. OTCMarkets is not a regulator and has absolute no regulatory authority whatsoever. Instead, they are a paid PR company. Those documents that companies pay OTCMarkets to post on their website for stock promotion purposes are almost always, without exception, incomplete, incorrect, or outright fraudulent. They are prepared to no actual standards and reviewed by no one for accuracy. They are designed to do nothing more than fool people who don't know any better into thinking they are somehow factual. They aren't.

People need to learn the difference between SEC registrants and filings and the BS that companies pay to post on OTCMarkets. The only actual securities filings are with the SEC. You need to assume EVERYTHING non-SEC registrants pay to post on OTCmarket's website are lies, since they almost always are. Legitimate companies register and report to the SEC. Those that aren't, don't. And PGPM didn't. That alone should have told anyone and everyone this company was not to be trusted, and the stock should not have been purchased by anyone.