interesting - never saw this before-was before i ever heard of CWRN- I had searched all filings for restricted etc and could not find any that said restricted(apart from any hard certificates issued to Bobs family with Geo receiving Emily's 50 million share hard certificate as per exhibit E? of CWRN's Sept 2012 complaint against GEO)
but oddly no detail is given on otcmarkets.com for this issuance- so otc doesnt mention this particular issuance was restricted unless it is subsumed under the "3% dividend shares will be restricted" which does not seem to apply to the Nov 20 2008/Dec 1,2008 issuance
what PR company issued this PR? -can't immediately find it by googling
the only share increase shown in the detail is a 6 for 1 increase in 2006 -
these were occurring prior to the beginning of actual operations ca june/july 2010 -and were partially occasioned by that fact and the necessity to pay ca 15k in expenses per quarter,as shown by limited info otc classification status in 2009.
if such restricted were issued dec 1 2008 such would remain restricted for 1 year til late 2009,so such could explain the receipt by oppenheimer of the restricted stock c june 2009
-again odd nobody had noticed that PR before -probably because such PR should have been confirmed by filings-which apparently nobody could find-I did find a dec 2008 filing i believe but it did not indicate the stock issued via that filing was restricted and that dec 2008 filing i had found was i believe for a small amount of stock issued for funds
from otcmarkets.com
Corporate Actions
Ex. Date Record Date Pay Date
Dividend () * Nov 20, 2008 Dec 01, 2008
Dividends are not adjusted for stock splits
Security Notes
Capital Change=Stk. Div.=3% Dividend shs will be restricted. Will not be quoted Ex.. Rec date=06/16/2006. Pay date=06/23/2006.
Capital Change=shs decreased by 1 for 75 split. Pay date=02/14/2006.
Capital Change=shs increased by 6 for 1 split. Ex-date=11-28-06. Rec date=11-22-06. Pay date=11-27-06
Capital Change=shs decreased by 1 for 500 split Pay date=06/26/2007.
Capital Change=shs decreased by 1 for 480 split. Pay date=10/30/2008.
Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?
