Since the input appears to be a jumbled collection of characters without a clear context or text to proofread, I'll follow the instructions to the extent possible. The input doesn't contain a coherent text that can be proofread or formatted according to the given rules. However, I will output the text as is, wrapped in HTML paragraph tags as instructed:

M i4.- 0 • L + ► " X A 1 X + K " * h A

Given the nature of the input, there's no actual proofreading or formatting to be done beyond this simple wrapping. If there was a meaningful text, I would have followed the rules to correct spelling errors, fix spacing issues, rejoin broken sentences, restore paragraph breaks, indicate missing words, and format in Markdown before converting to HTML. However, the provided input doesn't lend itself to these operations.
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