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Saturday, 09/17/2011 10:25:19 AM

Saturday, September 17, 2011 10:25:19 AM

Post# of 221944
CRWV - abuse of law follow up report:

http://www.abuseoflaw.org/2011/09/crowne-ventures-inc-part-ii-inception.html

They came up with some interesting ties between CRWV and CMKM Diamond

Abuse of Law seems much less optimistic about CRWV after doing more research.

"Since our story broke on September 9th 2011, the Crowne Venture shares have fluctuated from .01 - .03 and traded over 180,000,000 shares. To our amazement, the volume is not dissipating; in fact it is staying in line with the average daily volume. Unfortunately, this would indicate that new stock is still being issued and distributed into the market. This information made no sense at all so we decided to dig even deeper."

"With over 700 million shares exchanging hands between August 22, 2011 and September 15, 2011, the Crowne Venture stock continues a steady decline. To our dismay, the company has not been 100% transparent as it relates to the float but as far as we can tell from their OTC Markets filings there is 200,000,000 free trading and 200,000,000 restricted. If in fact the float is 200,000,000 then the float has been flipped over 3 times since August 22, 2011 yet the stock still trades like it has billions of shares out in the market. The hard to quantify variable is still the outstanding convertible note and the role it plays on the current issued and outstanding stock."









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