Replies to post #37720 on Primior Holdings Inc (PTKN)

[tdbowieknife]

It's not "if" there are unresolved SEC issues. It's there IS unresolved issues with the SEC. There is over a year's worth of missing audited financials. OTCMarkets is not a regulator. They have their own reporting guidelines for "alternative reporting" OTC stocks. Just because the SEC has not yet taken public action against GRLT, that does not mean they have not committed securities violations. It just means they haven't yet taken action against them and it doesn't mean they won't' or can't.

I have posted several examples of other similar situations and the outcomes of those corporate action requests. It may very well be that is how the SEC is dealing with these, by FINRA denying corporate actions, that very often kills the stock. And by the way... FINRA often forwards their findings to the SEC.

Nobody has yet posted a link from FINRA or the SEC saying that the history of a ticker does not matter in a merger. I have in fact posted many links from FINRA and the SEC that says it DOES matter. And for Johnney to claim it does not matter is committing fraud.

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Watch your wallet


Buyer Beware
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[The Whale]

GVSI was pink current too Little Man. Corporate actions are an entirely different animal.

LOL 🤡

[I ll be back]

Here's where this 10-year-old argument starts to fall apart for Mr. T. and the blow hole.

My most successful seven-figure investments were in companies bought out under circumstances similar to GRLT, even when they had incomplete financials or deeper issues—often worse than those Mr. T is highlighting here.

A play I enjoyed had more than a decade of lost records, which the new team was unable to recover. It took almost two-years and two CPA firms before the company could finally present FRINA with audited financial statements. All while the stock was publicly traded.

An important aspect to consider is the connection between the former CEO, whom Mr. T disfavors, and GRLT's financial performance. In most cases I have observed, shell companies were acquired with management transferring control and offering minimal further involvement.

That’s not the case here. If you’re skeptical, simply check the most recent Q filing to see how many common shares the former CEO currently holds and has for some time. Meaning he understands the importance of working with the current team with ALL financial records an prior legal sins to his financial success. A smart play by Johnney that's not discussed here.

A common error made in this community is relying solely on individuals who simply recite SEC regulations and assert that a particular action is not possible.

One aspect I admire in successful GP’s is their capacity to overcome challenges. They approach situations with a solution-oriented mindset, encouraging others not to focus on obstacles, but rather to identify ways to achieve the desired outcome. Meaning they walk into a meeting with a; Don't tell me it can't be done, tell me how to get it done!

As a GP who has developed and managed commercial projects for over 40-years I have a hands-on knowledge of what Johnney and his team is pulling together and I'm not selling stock here to chase some other shinny OTC that is being pumped. Which is some of what we are currently seeing here.