The $3,000,000 in shares are from a Rule 506 offering and are restricted for a year (6 months for a fully reporting, SEC-compliant company). So, whoever bought (haha) the $3,000,000 in shares (not yet delivered?) is out $3,000,000...if the $3,000,000 ever really existed. It's not difficult for the SEC to check on this.
It's like the company was hijacked by terrorists and ran into the side of a mountain. This one is going to be one for the story-books. I have never seen something as absolutely FUBAR outside of war. I have no clue what the government was doing. I own a company and would love to be able to get a ticker symbol and go public. Everyone I go to says it take no less than $500,000.00 to get public and it makes no sense that RP and PGPM would go through all that elaborate scheme with all the actual OTC filings and changes to the website and other legally liable broadcasts and dissemination of shareholder pertinent information. IT's like the company was hijacked by terrorists.
News 
Market Data 
Discover 
