PE pennies

[032798]

I have now had sufficient time to over analyze this.

Somewhere, I think someone messed up. Either the company or Finra (or whoever companies file a change with).

I think the shares were supposed (or meant) to split on the 29th. I.e CLG C should have been changed to BN ZA or BN ZAD on that date.

Maybe the company forgot to file that there was a split?
Or, maybe the company did do it right and the regulatory officials screwed up.

In any event, the stock started trading like it already split on the 29th. It almost seems like someone at the company (or their affiliates) noticed the trading today and made a phone call to reg officials and/or the market maker selling the shares. Sure seems that Vert dried up rather quick today.

The way the split was announced and displayed makes it look like only holders of CLG C will get the shares.

http://www.otcbb.com/asp/dailylist_detail.asp?d=12/30/2010&mkt_ctg=OTCBB

16:53 12/31/2010 BNZ A Bonanza Gold Corp. Common Stock BNZ AD Bonanza Gold Corp. NEW Common Stock Share Exchange; 150 shares of Bonanza Gold for each share held of Cold Gin. **

I am just thinking out loud here. anyone that has any input, I'd like to hear it.

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