Yuka Group Inc. (YUKA)

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CPI Addresses todays trading events of OTC:GRCV

Looks as though no shares traded today will clear

CPI’s Chairman as well as our legal representation have been in constant contact with John Correnti Chairman of Grand Capital Ventures, Inc. , their transfer agent and legal since aprox.10:00 a.m. CST on December 23, 2014. We are trying to ascertain as well as understand the influx in trading and more specifically the amount of share being traded and by whom.

CPI’s Chairman John Jarvis stated; “We are in the process of evaluating the days events and what effect this will have on our continued relationship with Grand Capital Venture, Inc.”. Jarvis concluded; “I will not subject our investors, assets as well as the last seven months of work product and OTCE development to hap hazard behavior but in defense of the company I will reserve my opinion when all the facts are known ”

CPI fully intends on continuing and completing the development of the OTC Exchange, CPI will continue to keep it’s investors as well as the shareholders of Grand Capital Ventures apprised of all developments as they happen.

Update As of 1:06 PM CST

Through several conversations with Grand Capital Ventures, Inc. transfer agent Pacific Stock Transfer and Mr. Correnti we are now to understand that the common stock administratively held and subsequently announced held on December 17, 2014 & still held today attempted clearing with the company’s transfer agent today, December 23, 2014. CPI’s Chairman commented; “I believe Grand Capital Venture, Inc. and it’s council were well with in their right to administratively hold the common stock in question and we will continue to support the company’s board and shareholders to insure that those shares never clear the market.”

Update As of 1:53 PM CST

It is our understanding from several subsequent conference call’s that the aforementioned “administratively held” securities are in fact the securities that were attempted to be traded in the market today, it is our (CPI’s) understanding that John Correnti and GRCV will be releasing news later this evening confirming that the shares in question are STILL”administratively held”.

Update As of 2:23 PM CST

CPI was just informed that John Correnti is in the process of contacting the firms that were trading the blocks of stock in question today and informing them that not only is the stock still administratively held by the company but the company will be seeking legal action pertaining to the trading of said securities and possible punitive damages.



CPI will continue to update this post @ this URL as the holiday and developments lend themselves.

http://blog.clairepeetz.com/cpi-addresses-todays-trading-events-otcgrcv/