Chun Can Capital Group (CNCN)

[pennypauly]

100.00 bought out of seq 207 bought today that’s $20,700.00 worth

I was there with 100 sell at 100.00 and they did not buy my shares

[Traderfan]

With this float this could certainly do some crazy stuff. I was looking up the time and sales for today but really can't see the 200 shares that got traded, some of them aren't showing it seems. On my ihub mobile it says zero trades lol, on my other source it shows kinda 105 shares or so but broken up in 5 trades or so. So how many have been going through at 100 bucks today, do you know?

[pennypauly]

Nothing new on the Nevada site since 8/27/20

[pennypauly]

Record breaking 207 shares traded! Something just might be coming our way

[amelow]

Geez guys you got me all excited. I saw 21 new messages and thought maybe something was going on. Cheers, maybe next year

[pennypauly]

Of corse my limit did not get touched

[pennypauly]

The trade did not show up on my t&s

[pennypauly]

Another 100 can’t see the price

[adijas]

It's CDEL

[pennypauly]

Where ever I go those 64 shares follow me at the exact time

[adijas]

[pennypauly]

Lol you just joined me

[pennypauly]

10,700 buy nothing to sneeze at, wish I saw the 100 bid,

[adijas]

Crazy, saw it too late, but who knows, might be the start of something beautyfull

[pennypauly]

I think your right bid was 100x175

[adijas]

waa actually more than 64

https://ih.advfn.com/stock-market/USOTC/chun-can-capital-pk-CNCN/trades

[adijas]

Yeah, sadly enough

[pennypauly]

Weird 64 the same

[adijas]

I think there was a bid at 100, because I saw my account value exploding for a minute. was looking were it came from, and then disappeared, so I think bid was hit

[pennypauly]

Oh it was not your shares, they were at 100

[pennypauly]

Omg so very nice!!!

[adijas]

I had exactly 64 shares for sale at 120, and 64 were bought at 100

[pennypauly]

Wow unreal I had 45 shares for sale at GTC @ 98.00 and I forgot and let it expire shit

[adijas]

100!

[pennypauly]

I was just checking I can’t see at what price?

[adijas]

wow, some buys at 100

[pennypauly]

Float still 33k


On August 12, 2020, the Company completed an agreement to acquire a Gold Mine in the Democratic Republic of the Congo (DRC), Africa, with 3,000,000 ounces of Inferred Gold Resources according to a JORC Report, and has appointed a new Senior Management Team with H.E Dr. Fahed Al Merhebi of Zurich Capital Funds Holdings Inc. as Chairman of the Board. Additionally, the Company appointed Ms. Zoli Macanda Simbodyal as the Chief Executive Officer, and Mr. James Mufaro as Chief Operating Officer.

[adijas]

10Q out https://www.sec.gov/Archives/edgar/data/1191334/000101738620000478/cncn093020200_10q.htm

[pennypauly]

Nt10q

[adijas]

Nice

[pennypauly]

https://cdn.website-editor.net/1cda3c1c8b434856b5087941025b445f/files/uploaded/Casa_Teaser%25202020%2520Ver2.docx

[adijas]

Nice!

[pennypauly]

Take a look

https://cdn.website-editor.net/1cda3c1c8b434856b5087941025b445f/files/uploaded/Casa_Teaser%25202020%2520Ver2.docx

[pennypauly]

WOW thanks Jim!!!!

[Jim Paul]

https://www.chuncangroup.com

[Jim Paul]

New Website www.chuncangroup.com

Looks very impressive. The people involved are very impressive.

[amelow]

I hope someone smacks that...

[mick]

Chun Can Capital Gro (CNCN)
20.0 ? 0.0 (0.00%)
Volume: 0 @-
Bid Ask Day's Range
5.5 123.95 - - -
CNCN Detailed Quote

[resx18]

$123.95 's are up $CNCN

[pennypauly]

The SEC Has Adopted Final Amendments To Rule 15C2-11; Major Change For OTC Markets Companies

Sharing is caring!
Despite an unusual abundance of comments and push-back, on September 16, 2020, one year after issuing proposed rules (see HERE), the SEC has adopted final rules amending Securities Exchange Act (“Exchange Act”) Rule 15c2-11. The primary purpose of the rule amendment is to enhance retail protection where there is little or no current and publicly available information about a company and as such, it is difficult for an investor or other market participant to evaluate the company and the risks involved in purchasing or selling its securities. The SEC believes the final amendments will preserve the integrity of the OTC market, and promote capital formation for issuers that provide current and publicly available information to investors.

From a high level, the amended rule will require that a company have current and publicly available information as a precondition for a broker-dealer to either initiate or continue to quote its securities; will narrow reliance on certain of the rules exceptions, including the piggyback exception; will add new exceptions for lower risk securities; and add the ability of OTC Markets itself to confirm that the requirements of Rule 15c2-11 or an exception have been met, and allow for broker-dealer to rely on that confirmation. Importantly the new rule will not require OTC Markets to submit a Form 211 application or otherwise have FINRA review its determination that a broker-dealer can quote a security, prior to the quotation by a broker-dealer.

The final rule release contains an in-depth discussion of the numerous comments received (I was one of the many comment writers), especially related to the piggyback exception. As part of the comment process, the OTC Markets, and many of its supporters, suggested the creation of a new “expert market” which would allow the trading of securities with no or limited information, by institutions and other qualified individual traders. In rejecting the proposal, the SEC indicated that there was not enough detail and information around how such a market would operate, but that it was open to considering such a segregated expert qualified marketplace in the future following the appropriate groundwork.

The final rules entail a complete overhaul of the current rule structure and as such will require the development of a new infrastructure, compliance procedures and written supervisory procedures at OTC Markets, new compliance procedures and written supervisory procedures at broker-dealers that quote OTC Markets securities, and similar changes within FINRA to adapt to and accommodate the new system. I expect a period of somewhat chaos in the beginning with rapid execution adjustments to work out the kinks.

The final rule release contains a section on guidance related to the rules implementation and use. The guidance includes information on determining the reliability of information sources, conducting information reviews, and red flags that may heighten a review requirement.

The effective date of the rule is 60 days following publication in the federal register. The rule will be published any day now. Compliance with the majority of the rule is required nine months after the effective date. However, compliance with the provision requiring a catch-all category of company to have current information for the preceding two years in order to qualify for the piggyback exception is not until two years from the effective date. As discussed more fully below, a catch-all company is generally an alternatively reporting company on OTC Markets.

[Traderfan]

Crazy low float.

[adijas]

Nice!

[pennypauly]

FLOAT updated 33,011 09/15/2020

[mick]

Chun Can Capital Gro (CNCN)
20.0 ? 0.0 (0.00%)
Volume: 0 @-
Bid Ask Day's Range
1.6 175.0 - - -
CNCN Detailed Quote

[pennypauly]

Chun Can Capital Group. (the "Company" or "CCCG"

New name and symbol

[pennypauly]

The information contained in this Information Statement is being furnished to all holders of record of common stock of Chun Can Capital Group. (the "Company" or "CCCG") at the close of business on April 15, 2020 in accordance with the requirements of Section 14(f) of the Securities Exchange Act of 1934 and Rule 14f-1 under that Act in order to effect a change in majority control of the Company's Board of Directors other than by a meeting of stockholders. This Information Statement is being distributed on or about September 1, 2020.
NO VOTE OR OTHER ACTION BY THE COMPANY'S STOCKHOLDERS IS REQUIRED IN RESPONSE TO THIS INFORMATION STATEMENT. PROXIES ARE NOT BEING SOLICITED AND YOU ARE REQUESTED NOT TO SEND THE COMPANY A PROXY.
On or about August 10, 2020 in a private transaction, the control block of the Company’s shares were transferred to a new majority owner. The new owners have determined to reconstitute the Board of Directors and the executive officers. This Information Statement contains information about persons who will serve as officers of the Company or as Directors on the Board of Directors.
THE CHANGE IN THE COMPOSITION OF THE BOARD OF DIRECTORS DISCLOSED IN THIS SCHEDULE 14f-1 FILING WILL RESULT IN A CHANGE IN CONTROL OF THE BOARD OF DIRECTORS OF THE COMPANY.
No action is required by the shareholders of the Company in connection with the election or appointment of the new directors. However, Section 14(f) of the Securities Act of 1934, as amended, requires the mailing to the Company's shareholders of this Information Statement not less than ten days prior to the change in a majority of the Company's directors if said change occurs without a meeting of the Company's shareholders.
VOTING SECURITIES AND PRINCIPAL SHAREHOLDERS THEREOF
As of the date of this Information Statement, the authorized capital stock of the Company consisted of 270,000,000 shares of common stock, par value $.001 per share, of which approximately 220,033,011 shares are issued and outstanding and 30,000,000 shares of preferred stock of $.001 par value, of which no shares are issued and outstanding. Each share of common stock is entitled to one vote with respect to all matters to be acted on by the stockholders.


Transaction
On August 11, 2020 the control block of the Company’s common stock was transferred in a private transaction to new owners. As a result of this transaction, the new shareholders acquired approximately 98% of the voting rights and the capital stock of the Company.


Directors and Executive Officers

The following table includes the names and positions held of our executive officers and directors who served during the years ended December 31, 2018 and/or December 31, 2019 and their current ages:

[pennypauly]

Great!! Thanks

[adijas]

New officers added on NVSOS

[pennypauly]

20.00 on the bid

[pennypauly]

Should see the bid climb this week