Paradise Ridge Hydrocarbons, Inc. (Prge) Confirms Stop

New Post Public Reply Private Reply Replies (0) Message Board
MonstaTrader
2,989
Paradise Ridge Hydrocarbons, Inc. (Prge) Confirms Stop Transfer on 41,873,677 Shares of Free-trading Common Stock AUSTIN, Texas, May 10, 2017 /PRNewswire/ -- Paradise Ridge Hydrocarbons, Inc. (OTC Pink: PRGE) today announced that stop transfer orders have been placed on 41,873,677 shares of free-trading common stock. In addition, the Company is working with its transfer agent, Transfer Online, to permanently cancel these shares and return them to the treasury. PRGE has correctly reported in its filings and disclosures that the number of free-trading shares of common stock was 50,302,139 out of a total issued and outstanding of 175,238,775. However, the information previously provided by OTC Markets incorrectly reported that all 50,302,139 shares were in the public float, when in fact, only 8,261,990 shares have actually been deposited. The stop transfer instructions issued to the Company's transfer agent have blocked any further disposition of 41,873,677 free-trading shares of common stock. The stop transfers involve five (5) certificates issued to foreign off-shore tax haven companies, held in foreign brokerage accounts. According to President Gordon Johnson, "we are continually evaluating the accuracy and integrity of our stock issuances and from time to time discover situations that require us to act. The information previously provided by OTC Markets incorrectly assumed that "free-trading" shares was equivalent to the "float". Upon discovering this error, we deemed it appropriate to rectify this and clarify." Forward Looking Statements: This press release contains forward-looking statements that involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission.

Grupo Resilient International Inc. (GRUI) Stock Research Links

GRUI Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Beemo, Choreo Forge AI Partnership for Wealth Management

Updated Category News Views 9

AI's New Role in Wealth Management Just when you think you've seen it all, along comes a partnership that shakes things up. Beemo Automation is teaming up with Choreo, a heavyweight in the tax-focused registered investment adviser world, to infuse some AI prowess where it matters. Choreographing their moves, they're looking to build something that's not just functional...

Continue Reading
Partners International Launches CareerPath for Youth

Updated Category News Views 6

A Fresh Start for Young Careers with CareerPath You remember the time in life when we thought just having a degree meant something? Well, the game’s changed, and now it’s a twisted jungle where young folks struggle to find their footing. Partners International, a name I’m no stranger to—known for their human capital wizardry—seems to have noticed this chaotic...

Continue Reading
Saudi Arabia Unveils CEER's Flagship Electric Vehicles

Updated Category News Views 4

CEER's Ambitious Leap in Automotive Innovation There's a new kid on the automotive block, and it's making some serious noise. Straight out of Jeddah, CEER has just taken the wraps off their flagship electric sedan and SUV, dubbed the EXOBOT. No small beans here—this is a full-throttle, Saudi-driven pitch into the global automotive circus. And why not? There's oil in...

Continue Reading
Holland America Overhauls Half Moon Cay Offerings

Updated Category News Views 5

A Fresh Chapter for Half Moon Cay Mark it down, folks—Holland America Line is shaking things up over at RelaxAway, Half Moon Cay. The cruise line, known for its deep roots in premium cruising, is pouring resources into its private island playground to celebrate its 30th anniversary in 2027. And the timing couldn't be more calculated, what with peak cruise season around...

Continue Reading
Gun Violence Expo Aims for National Impact in Chicago

Updated Category News Views 5

Converging Minds at the Chicago Gun Violence Expo In a city known for its resilience amid diverse challenges, the National Gun Violence Prevention Expo is stepping into the spotlight. With all eyes on Chicago from September 24 to 26, this isn't just another event—it’s a clarion call for action. Uniting Influential Voices When you've got former NFL stars like Matt...

Continue Reading
ScriptSafe Revolutionizes Pharmacy Payment & Ad Certification

Updated Category News Views 4

Pharmacy Certification Made Easy When ScriptSafe rolled out its certification service for pharmacies, it felt like the industry's straitjacket was finally coming off. We’re talking about a process that traditionally took months, cost a small fortune, and made pharmacies fill out forms like they were honing a doctoral thesis. But now, you've got ScriptSafe offering a...

Continue Reading
Aranscia Joins Northside Hospital in Precision Oncology

Updated Category News Views 6

Unifying Molecular Diagnostics for Better Cancer Care In the chaos of today’s healthcare, Aranscia is aiming to rewrite the book on how we handle cancer diagnostics by teaming up with Northside Hospital Cancer Institute. Now, instead of fumbling through disconnected systems, they plan to glue the pieces together with a blend of their own and borrowed tech. This...

Continue Reading
ViewScan Unveils New AI Solution and Enhanced Site

Updated Category News Views 3

ViewScan's Latest Step in AI-Powered Monitoring Long Island's own ViewScan just kicked up some dust in the AI-based monitoring scene. This outfit is rolling out a new release of its ViewScan Protect software, fortified with advanced analytics aimed at beefing up security and operational efficiency. Now, before you gloss over this news as just another tech update, let me...

Continue Reading
TerraMaster 725 NAS Unveils AI-Era Storage Solutions

Updated Category News Views 3

Tech Giants and Pioneers Rejoice Strap in, because TerraMaster just waved the green flag on their brand-new 725 Series Xeon Rackmount NAS, and it's high time the data storage world got a shake-up. Picture this: we're in the throes of an AI boom, and companies have data needs that gobble up yesterday's solutions with the hunger of a black hole. Well, enter TerraMaster's...

Continue Reading
Handshake Introduces AI Skills Studio at NYSE Event

Updated Category News Views 6

Shaking Up the Job Market with AI Skills What's shaking things up this time around? Handshake's dramatic unveiling of its AI Skills Studio, that's what. While the world spins on its financial axis, Handshake's showing up with a toolkit that's not just geeky gobbledygook. They're dead set on prepping job seekers with the nitty-gritty of AI know-how hosted in a rather...

Continue Reading
on>

Top 5 Most Recently Viewed Articles

Exploring the Growth of the Aerospace Composite Market

Updated Category News Views 195

Diving into the Aerospace Composite Market The aerospace composite market is experiencing remarkable growth thanks to a surge in demand for lightweight and fuel-efficient aircraft. As air travel continues to expand, and advancements in composite materials develop, the market is projected to flourish significantly over the next decade. Market Growth and Drivers A recent...

Continue Reading
Understanding Market Trends: A Close Look at APLD Trading

Updated Category News Views 130

Market Sentiment Analysis for Applied Digital (APLD) Investors are expressing a bearish outlook on Applied Digital (APLD), and it's essential for retail traders to come to grips with these dynamics. This trend has surfaced through the analysis of available options trading data, indicating potential shifts in market sentiment. The identities of the influential investors...

Continue Reading
Principle Health Systems Expands Horizons with Telos PGX Acquisition

Updated Category News Views 176

Principle Health Systems Strengthens Its Commitment to Personalized Medicine Principle Health Systems, a recognized leader in mobile diagnostic services tailored for the long-term care sector, has embarked on an exciting journey. They recently announced a strategic acquisition of Telos PGX, a forward-thinking organization specializing in pharmacogenetic testing. This...

Continue Reading
Continuant Strengthens Unified Communications with Fidelus Buy

Updated Category News Views 255

Continuant Expands Its Unified Communications Portfolio Continuant, a frontrunner in providing managed services, has recently brought Fidelus Technologies into its fold. This acquisition signifies a substantial advancement in enhancing its offerings focused on Unified Communications. It stands as a strategic move to strengthen their capabilities across major platforms...

Continue Reading
Upcycling Food Industry Set to Thrive with USD 74.8 Billion Growth

Updated Category News Views 144

Upcycled Food Market Overview The Upcycled Food Market is on a remarkable growth trajectory, projected to reach an impressive USD 74.8 billion by 2029. This exciting forecast highlights the increasing consumer awareness of sustainability and a commitment to reducing food waste. The market, which was valued at USD 54.3 billion in the recent past, promises to expand at a...

Continue Reading