$PRPM DD Relevant To Current Trading - Updated Jan
Post# of 2245
[important items in bold]
Key Points From Recent Updates From November 27, 2020 Onwards
Basic Company / Ticker
- Shareholders notified that Facebook to be considered as a source of publicly available information (therefore meeting the SEC requirement) in addition to formal PRs.
- Moving to get otcmarkets.com to upgrade $PRPM from "STOP - Pink No Information" to " YIELD - Pink Limited Information" [although the "STOP" sign has not inhibited top OTC traders of $PRPM from making multiple $5-figure profits already in just the last few weeks as they use OTC-friendly brokers].
- Working on getting filings up to date and getting upgraded to "OTC Pink Current" - then the next tier - then "Fully Reporting" - then the "big boards".
- Already "in good standing" with the WY SOS and all the regulatory agencies: FINRA, SEC,DTCC and OTC Markets.
- Reduction in Authorized Shares count - of at least 5 Billion - planned.
- Outstanding Shares count will also be reduced.
- Several blocks of shares "in reserve" will be surrendered back to the treasury.
- Not planning or contemplating a reverse stock split.
- There is no intent or ability to dilute the share structure - in any event additional stock cannot be deposited with a "STOP" sign in force.
- CEO owns 1+ Billion shares but they are in certificate form and locked up so that brokers and traders cannot short, borrow or trade against them.
- CEO also cannot sell his shares - which he doesn't want to off course with all that is ahead - because he is an "Affiliate".
- Nonsense on amateur trading forums debunked. For instance, the CEO is not a convicted felon - and couldn't be otherwise he wouldn't be allowed to be a registered gun owner in TX. He also has a concealed carry permit which you can't have in TX if you have any criminal record.
Near Term Developments
- Final and approved "White Paper" on software to be posted soon.
- Announcement of an informational website launch as soon as the software and the App is published and becomes available on Google Play and Apple Store. Name will be published in the PR.
- There will be several license agreements for all the sister companies - branded separately.
- The software revenue stream will come not only from the company's own internal use but also from use as a stand alone processing tool.
- $PRPM will receive a commission as each transaction occurs - similar to the way in which credit card processing companies and banks charge when consumers use them.
Future Business Opportunities
- Passing of the latest marijuana law creates even greater value for the company.
- CEO already getting inquiries from brokers who are "scouting" for publicly trading companies that are already in the marijuana industry.
- $PRPM has many options and can be primed and ready for offered mergers and acquisitions.
- This is a very different situation to several years ago when marijuana was only legal in 2 states.
- Now that $PRPM is more focused on growing marijuana, considering move of interests in dispensaries to it [from other holdings].
Update - December 11:
- Ongoing updates ahead when available and appropriate.
- Some information has to wait for the full release.
-- Parties involved demanding "privacy".
-- Those attempting to harm the interests of the company attempt to intimidate or harass those involved in deals.
- Company and management are in "good standing" with all the regulatory agencies and service providers - it is therefore a waste of time and energy debunking nonsense - so keeping items confidential will protect the deal from useless distractions.
- All the domicile and state documents secured - along with the Registered Agents - for the acquisition company.
- Acquisition company is "publicly traded" - so just the market cap alone is a great addition to the $PRPM portfolio.
- Working with the Transfer Agent for the acquisition company - who is the same as for one of the $PRPM sister companies.
- Already secured all the intellectual properties and domains, email address etc.
- Plan to have everything done before the end of 2020.
Update - December 29
https://investorshangout.com/post/view?id=6002400
Update - December 31 - Deal Closed:
https://investorshangout.com/post/view?id=6005368
Social Media Updates
https://www.facebook.com/MJVentureCapital/
Share Structure - Updated January 1, 2020
Transfer Agent Verified.
No change - no dilution confirmed.
Authorized Shares: 16,000,000,000
Outstanding Shares: 10,821,252,428
Restricted: 89,273,470
Unrestricted: 10,731,978,958
Held At DTC: 10,565,876,856
Note: It is only the Unrestricted Outstanding Shares count that is relevant to current trading.
Recent Trading
Nov 27: .0001 > .0004 bought out and .0005 started - 400%
Nov 30: .0004 > .0008 - 100%
Dec 1: .0006 > .0016 - 167%
Dec 2: .0005 > .0010 - 100%
Dec 11: .0003 > .all .0005s bought out - 66%
Dec 24: .0003 > .0005 - 66%
Dec 28: .0003 > .0004 - 33%
Dec 30: .0003 > .0004 - 33%
Dec 31: .0003 > .0004 - 33%
Currently there is a reload opportunity at .0004/5.
Average daily volume Dec 1-31 (22 days): 8,219M / 22 = 373M
For full-time day traders spending at least 10% of their day on it, $PRPM has was the #7 Top Profit Earner of 2020 - multiple $5-figures - in just 24 trading days - again rewarding the patient, observant and decisive who ignore irrelevant factors.
Expect runs - into the .0010+ > .01 range - on multiple catalysts ahead - including an acquisition deal closing PR / filing imminently.
Company Contacts:
E-mail: ev24903@gmail.com
Cell: 214-418-6940
ProTek Capital Inc. (PRPM) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.