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What brokerage if you don't mind me asking?
Something is most certainly up.. semi-excited I didn't dump my whole bag. I've made some inquiries today with last known cwir leadership.. I'll update the board if I get any replies, but I'm not holding my breath. In the meantime we watch
Wow.. if it were that easy.. That is some very old news and irresponsible to be parroting off.. I still can't find a brokerage that would even let me buy more of this.. I'd be literally shocked if this blows up into something, but I have a strong desire to know why/how there are any shares moving at all for this pig.
Several have said you can give TD a call and they will allow it.
Etrade is a hard no. TD will apparently allow you to buy CE symbols if you call them from what I have read, I have not tried.
I dumped half my bag over the past week or so at .0009/0001.. the loss will help me this year anyway. I am holding the rest just in case something is actually happening here, though I suspect it's more of the same, nothing.
Here's to hoping I am wrong, which happens a lot.. so there's that!
Call them and ask. At least they used to ANSWER the phone.
Could be risky touching this at any price.. you might want to get out while you still can.. I'll tell you this.. if I see you on any boards questioning the validity of circulated information I'm going to listen next time. If I had I would have saved quite a few pennies..
During my typical daily DD (google-fu) session, I came across some information I have not seen before that may be of interest any maybe related to the recently added Control Dispute.
I normally start by just straight up googling ticker symbols, so I google CWIR as I do basically everyday to punish myself, and I notice something I'm not sure I have seen before (please let me know if this has already been discussed). You can see it here:
I check the board for new stickies and nada.. so I keep digging.. trying to jumpstart my memory and nada..
Source: https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=35290899
So, I start searching for this guy Michael Merchant, their CEO, who is still current and active in that capacity. I've not seen mentioned up until this morning and I come across some more information:
So, I searched the board - I did find some mention of it back in September of last year, but it doesn't seem anything came of it. So, it seemed like old news.. but then I realize that was the same timeframe at which one of many Harry's "took control" of CWIR...
Now armed with this new possibility, I change my searches to CWIR, Mike Merchant.. Maybe I've just been sleeping for 2 years, but I am now seeing this guy listed as CEO on all sorts of different sources of CWIR, today. Still listed as CEO of CWIR.. so I note it and move on realizing that it's a monumental effort for all of these sites to keep up with so many shitty little companies, mistakes are are a give-in.
Here he is at Reueters:
https://www.reuters.com/finance/stocks/companyProfile/CWIR.PK
Here on stockopedia
https://www.stockopedia.com/share-prices/central-wireless-inc-OTC:CWIR/
However, this did get me thinking of the freshly added "Control Dispute" on the company info page.. so I search all of otcmarkets.com for other companies with that designation.
There's about 7 of them, you can do the same search by clicking here:
Google Search of OTCMarkets.com for only the words "multiple parties are engaged in a dispute over control of this comapany"
Of the companies that have this designation, there are only 2 that are NOT Dead/Defunct, Grey Market, or Stopped. CWIR is one of them, and of the 2, CWIR has the CE, the other does not. All of the other companies who have this Control Dispute are grey, dead, or stopped, and ALL have CE status. It seems like Control Dispute is a big red flag that something not so pleasant is inbound.
Now, back to Mr. Merchant, I cannot find any documentation to support him giving control of CWIR back to Kenneth Brand. Brand, is the one who transfered the company to weed schemers who then gave it to Harry I,II, or III, and maybe there's more, who knows at this point. My point being, I am wondering if Summit is still indeed a subsidiary of CWIR and if Michael Merchant is making a claim for the company against the Harrys.
Either way, none of this looks good. The continued lack of follow up from Duane Morris, PondelWilkinson, and last but not least, CWIR it's self is not comforting. Unless someone can clarify these points and can show that CWIR was properly transfered from Merchant I think I'm going to cut my losses and move on. I'm no longer a willing participant in this company and am only still here because I am stuck.. However I could get now and walkaway with enough to keep my pride.. my main concern now is this new Control Dispute note. Historically, it does not seem to end well for companies on the OTC.
Feel free to dispute, call me crazy, tell me you talk to a company rep 10x a week.. but the longer goes on the dumber I feel for letting my capital sit here and deteriorate when it could be doing something productive.
I've been a shareholder since 2013 with compariable holdings to what I see board people claiming to hold...
I'm giving management until the end of Thursday (hopefully we're not stopped or no bid by then!) to clarify this addition to the CE that they've made ZERO progress on in 3+ months and then I'm out.. come Friday it's going to be raining cheapies if they continue to be silent. This is where "no news is good news" dies for me. I hope I'm wrong for myself and the others here and I certainly hope that if any of this proves to be true that someone will take issue with it to punish the parties responsible in some fashion.
Just to reiterate, I've been here a LONG time.. waited a LONG time.. have remained positive for a LONG time.. but this is getting tired and the storm does not appear to be giving up. If you want to dispute my findings or theories please do, I encourage it, but do so with verifiable information not, "I just got off the phone with jesus and he said that the CE is coming down next week", gtfo with that nonsense. If you do this and it's substantive, I'll be more than happy to remove this post as to not introduce any more FUD.. God knows that's the last thing CWIR shareholders need at this point.
GL
Totally.. like if they're real or imaginary. GL to you as well.
From looking at his linkedin, his 5 year career is pretty limited to various sales positions.
Listen, I'm not trying to manufacture FUD here, but there's a lot of questions that remain unverifiable. As I've stated before, I definitely have a horse in this race and I'm not looking to jump ship. I'm just being as objective as I can no longer considering the hear-say of others (which one could argue should never be done to begin with). I just have the time to actually look at these things now and I've not yet seen anything of substance nor have I received a single follow up call or email from any of the parties I have attempted to contact over the last several months.
I sure hope they do something, anything really.. any sign of life.. but it's getting a little long in the tooth. If the CE were resolved, I'd singing a different tune. If all of the information required to satisfy removal of CE has been submitted, which I believe to be the case as esq familiar to OTCM has sent the last letter (he should know better from previous experience). Then starting the counter from the last letter, the 30 days will be over 3/6. To me, that means they have a little less than 2 weeks to make something happen.
At this point I am not taking the word of the son/brother/uncle/step-father of the CEO least of which is not identified as an agent or employee of the company I've invested in.
Yes, seriously.. what affiliation does he have with the company? I'm pretty sure I never picked up any my father's business calls...
Well now that it seems there's 2 "Harrys" back in the picture again, so which of them are you referring to?
Thanks for what?
Calling the OLD IR firm whose number is now listed as the number for CWIR? This information should be unsettling not comforting.
Why is Harry Jr, responding/answering calls made to the company in the first place?? What's his affiliation with the company?
I moved on from this double/mystery ceo crap, but this is the strongest evidence I've seen that something really deceiving is happing.
If you think I'm off-point here, please enlighten me because I want to be wrong, just the pink squishy thing between my ears keeps throwing red flags.
No reason to be concerned that this is yet another new attorney.. guess still not important enough to bring out the "heavy hitter" who won't reply to emails inquiring if he's involved with CWIR. Whatever.. hopefully it pumps high enough I can finally walk away from this.
Also cool how the new IR firm that everyone is on the phone with multiple times a day, but still can't be bothered to answer simple emails is notably absent from the list of associates in the esq letter.
More fluff? Seems like it... my wallet hopes I wrong though.
If I had to bet my empty bags I'd say he's at the strip club with Hudson and Garande
Yes, exactly. I've sent numerous emails to all parties announced to have some participation in CWIR by company promotional materials and PR's and I have yet to receive a single reply from anyone. Not the high power gun slinger nasdaq attorney or even my cousin vinny that's listed in their verified info. Not from Harry Jr, Henry Sr, or Oh Henry! Not a single reply to incredibly simple inquiries that could have been 100% satisfied with a yes or a no.
But these guys call the CEO of a legitimate PR firm that can't reply to simple direct emails with no other question than "Hi, are your services currently retained by CWIR?" **crickets** Gtfo, I wish I dumped all of this when I started having doubts... I guess I'll just hold my bags until the next round of crooks and apply knowledge gained from past experiences.
Thank you for the clarification! $CWIR
Can anyone give any insight as to why the new super esq. didn't file the CE letter, but was instead filed by the old representation?
Additionally, according to that letter and it's signatories, is my interpretation that Harry O has not officially assumed control of the company as the transfer is scheduled for EOY accurate?
$CWIR
Spot on.
Nice! This is great and actually proves he's still there. Thanks for the leg work!
I don't know what's lower here.. the pps or the collective IQ of these traders rofl
I'm not sure what the commotion about was, but that wasn't anything we haven't seen here before. Also, it is not an LOI as you claimed it was (I was really hoping), it's a PR from CWIR that was admitted to the court.
The debtors can as well, right? Is there any indication that this was submitted by ATG/NTG versus a party holding a liability of theirs? I only ask put of pure ignorance.
I'm going to be incredible disappointed if this pdf is just of the PR that was submitted to the court. It's the actual LOI you say?
Upload to docdroid.com and share the link in a post
Yep. I agree. In the meantime my only regret is not making sure I had more cheddar available to take advantage.
Yep. I'm not worried. Long and strong, win or lose :D
watercolors
Huge support at 002. Maybe we're primed.
I'll bite. What would you say is the timeline for that assuming it were currently in the works?
Nice close! $CWIR on to next week!
Know what you hold $CWIR
Interesting post from our lawyer's blog:
An article I came across when researching our attorney the other day popped into my head a little while ago, I went to go read it again and the blog was (down at the time of this posting) down for updates. http://www.davidfeldmanblog.com/ It may be back up by the time you see this if so, check out a post from June 27th. I was able to get it from good ole google cached here : https://webcache.googleusercontent.com/search?q=cache:-lfITk_ZFSwJ:www.davidfeldmanblog.com/house-overwhelmingly-passes-bill-to-expand-reg-a-to-reporting-companies/+&cd=1&hl=en&ct=clnk&gl=us
For those of you who hate clicking stuff, it's a short post that seems relevant to CWIR if I am interpreting it correctly, and I have no idea if I am, but here's the quote of the post:
"HR 2864, the “Improving Access to Capital Act,” passed the US House of Representatives on September 5, 2017 with a lopsided bipartisan vote of 403-3. The short bill directs the SEC to permit full Securities Exchange Act reporting companies to use Regulation A+ for a public offering. Previously, only non-reporting companies could utilize the new streamlined approach with unlimited testing the waters capabilities.
Some smaller companies trading in the over-the-counter markets have been contemplating suspending their SEC reporting obligations to be able to move forward with a Reg A+ offering. If this bill passes the Senate and is signed by Pres. Trump, that would no longer be necessary. The bill makes clear that the company would be deemed to satisfy the post-offering reporting obligations under Reg A+ so long as they continue with full quarterly and other reporting required of most Exchange Act reporting companies.
As a practical matter, this change would only help companies trading in the over-the-counter markets with under $75 million market capitalization, companies that went public in the last year or those that have not made recent filings on a timely basis, since all others have some ability to utilize short registration Form S-3, which is a very simple and quick process even compared with Reg A+. It also avoids the limits on the value of shares that can be registered on Form S-3 for smaller exchange listed companies. But help it would."
Anyone think there's anything to see here or am I just sleep deprived?
.0036 new HOD Go $CWIR
Blew my daily allowance in the 3's :( I'd love to help... tomorrow is another day!
Except that's not what was said.
"We do not believe that such promotional activities unauthorized, unrelated to, and not approved
by the Company, can cause a significant number of investors to buy our stock."
It seems to me that they feel that the promotion did not motivate a significant amount of investors to buy in. He makes no mention of it not having a negative impact on existing investors or from the fall out of this promo.
I've come to the same conclusions... Frankly, this has only allowed me to strengthen my position to where I would have liked it to be a week ago. At today's bargain prices, it was a no-brainer. No uncertainty here, I know where this is going.
Not that I wouldn't love for it fly now, that's fine with me... gives time for more assets to clear to keep accumulating at these BARGAIN prices.
lol, right? has to be MM games or some other bullshit, or someone had orders set to go off this morning and made a very very poor guess. We were primed to fly at open!