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chemist72

07/15/19 8:49 AM

#8157 RE: Tim Eriksen #8156

Your points are well taken and I do not disagree.

1) Regarding PIOE's status as a shell company. While it is true that PIOE would currently not qualify as a shell company, the fact that their last filed 10-K said they were a shell company prevails until they file an updated Form 10-K with the SEC.

However, it should be noted that since PIOE's predecessor filed a Form 15 back in March 2017, that relieves PIOE of the duty to file any 10-Q's or 10-K's. And in fact, PIOE has not filed any documents with the SEC since May 2017. (The last 10-K was filed on 3/14/17)

https://www.otcmarkets.com/stock/PIOE/disclosure
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001044435&owner=exclude&count=40&hidefilings=0

Also, the fact is that PIOE is listed as a shell company on the OTCMarket's website.

Pink Limited Information
Transfer Agent Verified
Shell


https://www.otcmarkets.com/stock/PIOE/overview