already requested an amended filing for the Form 15
i would expect to see it filed in due course
my expectation is the holders will number 450
(or perhaps a slight increase) .. of which the crooks
at the DTC hold one *cert* that covers every *share*
held by colluding entities (aka brokerage firms) and
other investors hold 449 certs .. that 450 comes from
the 10K filed for 2018
On May 31, 2019, there were 450 holders of record of our common stock, $0.001 par value per share.
As of May 31, 2019, we had issued and outstanding 124,756,158 shares of common stock, $0.001 par value per share.
emphasis is mine ..
If a Company qualifies to do so, they may file a Form 15, terminating its Exchange Act registration and thereby relieving it of the Exchange Act reporting requirements. To qualify to file a Form 15, a Company currently must either have fewer than 300 shareholders, or fewer than 500 shareholders if it has assets of less than $10 million.
PTOI's Mkt Cap as of yesterday's PPS close (so it will lower for today's efforts)
Volume (10 day Average) 26,522
Volume (90 day Average) 45,496
Market Capitalization $2.62M
Shares Outstanding 124,756,000
They have OS count listed under number of shareholders. How could they goof up so bad? That means Form 15 is invalid unless they resubmit.