Thankyou for coming here. It says a lot about your character. Here are some questions I have:
1. The SEC specifically mentions the capital raise (FORM D). Was 3 million ever raised? Does the company currently have those funds available?
2. What, if any, contact do you currently have with the SEC? Many here are claiming that the suspension proves that fraud has already occurred. Was the SEC in contact with the company before they suspended the stock?
3. The share adjustment from roughly 1.1 billion to 2 billion was a huge red flag for many. I know the company claims that there was a mistake in accounting for the shares or something like that, but the TA said it was 1.1 billion back in April and then it jumped to 2 billion in June. Wouldn't the TA know exactly how many shares outstanding there were? It seems to be that there were common shares that Pinedo owned from back in 2012 and he sold them over the past few months.
4. Suspension by the SEC has basically been a death sentence for OTC stockS. Out of the thousands that have been suspended, almost all, have never been able to uplist out of the grey market. What are your plans to rectify this situation? Have you hired a securities attorney to help with the SEC? Is the auditor able to help the company get back on an exhange that uses Market Makers?
5. Are the plans for the share buyback on hold since the suspension has moved PGPM to the greys. I believe this would be a great opportunity for the company to buyback shares since we are likely going to see very low prices once the suspension is lifted.
6. What verifiable assets does the company currently have?
I appreciate your time and still am hoping for the best here. I know the chances are slim to none, but something tells me that this company is the real deal. Maybe it is just blind hope, I don't know. Anyway, any insight you can give to those invested here will be greatly appreciated.
Thanks.