Finansinspektionen (the Swedish Financial Supervisory Authority) has
today published this statement in order to warn investors against dealing
with unauthorised firms. PGM Mergers & Acquisitions is not authorised by Finansinspektionen and is therefore not entitled to provide financial services. Finansinspektionen has not received any notification of cross-border activities
from other EES countries.
PGM Mergers & Acquisitions has a website (www.pgmadvisory.com)
using the following address: Harbour City World Commerce Centre
3-27 Canton Rd. Tsim Sha Tsui, Kowloon, Hong Kong.
PGM Mergers & Acquisitions' representatives contact investors through unsolicited telephone calls and offer to buy their holdings of shares in an American OTC company, Cell Bio-Systems, Inc.. However, the investor must first pay a fee in advance, "Restriction Fee". This is an advance fee fraud scheme.
All regulated business in Sweden are listed at Finansinspektionen's
website at www.fi.se and Authorisation.