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Continental Resources Group, Inc.(fka CRGC)

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Last Post: 4/1/2014 12:24:21 PM - Followers: 15 - Board type: Free - Posts Today: 0

CONTINENTAL RES GP formerly CRGC.OB

4.11.2013  -- Delisted but embroiled in controversy.  Latest word is that TD Ameritrade is pushing back on PGLC and won't process the jumbo restricted Reg #145 certificate in behalf of CRGC/now PGLC shareholders because of  the way this so called conversion, spin-off was handled. 

That has now been resolved in the following manner, mid May 2013, and each TDA shareholder has been personally called, informed of the minimum $285 cost (payable to TDA) to lift the restriction on the broken out stock certificate, and EITHER sell the entire cert at one time, or $285 cost to sell per tranche if not sold all at one time. 

There is a 90 Day window per selling window opening. 

First window is understood to be closed June 1 (90days after 3.1 effective date of spin-off.)

To open a new 90 day window, the entire process has to be repeated until all shares are sold. 

Those who did not sell, are either holding the certificates in their account if they were "in the money" or were giving the option to have TDA ship the Red Stamped Restricted Cert to the account holder at TDA's expense.  If the latter option was elected, TDA then has removed the irritant from their "book/ledger and the TDA account holder is on their own for all practical purposes. 

Good Luck to all.


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#493   LINK TO CONTINENTAL RESOURCES GROUP'S SURVIVING MESSAGE BOARD rtraster 04/01/14 12:24:21 PM
#492   Honig has bought over $1M PGLC THIS MONTH! rtraster 10/11/13 02:39:42 PM
#491   $PGLC - The Future for Gold and Encouraging Tommy 05/30/13 01:26:38 PM
#490   $PGLC - Pershing Gold Identifies New Gold Target Tommy 05/30/13 08:10:46 AM
#489   Post Unavailable Tommy 05/28/13 01:15:20 PM
#488   $PGLC - Coeur on the Prowl Tommy 05/28/13 10:37:33 AM
#487   Nikki1027, there is a copy/paste internal email message Talldude 05/14/13 10:22:52 AM
#486   this is not a TDAmer issue. head over jeremy8m 05/08/13 10:38:13 AM
#485   I am new at the stock market & Nikki1027 05/08/13 06:02:11 AM
#484   Thank you, mineallmine. We collectively look forward Talldude 04/11/13 10:58:00 AM
#483   I am definitely going to voice my displeasure. MineAllMine 04/10/13 02:43:05 PM
#482   Excellent advice, stockmule. Thanks for that nudge Talldude 04/10/13 02:34:08 PM
#481   All restricted shareholders need to call the company stockmule 04/10/13 11:26:07 AM
#480   Thank you, Tommy, for all you have done Talldude 04/10/13 10:43:14 AM
#479   Congratulations to all who are to prosper in Tommy 03/25/13 08:18:44 PM
#478   sputniko, there are several posters keeping each other Talldude 03/25/13 03:06:58 PM
#477   Does someone know when it would be possible Sputniko 03/19/13 04:31:14 PM
#476   As of COB today I show a quantity Spyrig 03/18/13 05:28:10 PM
#475   Have you already received the Perhing Gold stocks Sputniko 03/18/13 02:36:58 PM
#474   What you call "lucky" sounds more like a Talldude 03/03/13 03:50:56 PM
#473   Even a blind squirrel finds an acorn now stockmule 03/03/13 02:47:22 PM
#472   16:46 EST, 3.1.2013, CRGC Delisting=formally announced. It's over! Talldude 03/02/13 05:06:48 PM
#471   CRGC: Shareholders of CRGC will received 8 shares Renee 03/01/13 04:55:09 PM
#470   Okay. All I was saying is that the Steuvin 02/28/13 03:52:18 PM
#469   So exactly as I stated and what I stockmule 02/28/13 02:17:55 PM
#468   You get eight shares of PGLC for every Steuvin 02/28/13 01:58:39 PM
#467   It's possible I don't understand the crgc to stockmule 02/26/13 03:00:16 PM
#465   As I said on the PGLC board, the Steuvin 02/25/13 07:56:40 PM
#464   Thanks Tommy. It won't be long now.g gzone 02/25/13 11:21:50 AM
#463   $CRGC - $PGLC - Exclusive Interview With Pershing Tommy 02/25/13 08:32:48 AM
#462   Continental Resources Corporation (CRGC) and it’s Last moments finsajeed 02/22/13 10:54:04 AM
#461   The Impact of Dissolution and Liquidation Continental (CRGC) finsajeed 02/22/13 10:52:53 AM
#460   A cost reduction strategy of CRGC and PGLC. finsajeed 02/22/13 10:50:57 AM
#459   Thanks Tommy. What we've all been waiting for. Talldude 02/21/13 02:44:27 PM
#458   Great news Tommy. Thanks for the update. I gulf shores man 02/21/13 08:41:14 AM
#457   $CRGC - $PGLC - Pershing Gold Corporation and Tommy 02/21/13 08:24:36 AM
#456   88,595,215 Shs----PROSPECTUS---(2.14.2013) Great reading. Talldude 02/17/13 01:34:38 PM
#455   Sorry. Meant to say that trading is happening. Steuvin 02/15/13 12:56:18 PM
#454   Trading Steuvin 02/15/13 12:55:16 PM
#453   I noticed that too, but I think if MineAllMine 02/15/13 10:55:29 AM
#452   Has CRGC stopped trading? jpkpk0k0 02/15/13 10:01:24 AM
#451   Not yet, at leased I haven't seen any gzone 02/13/13 02:08:19 PM
#450   Does anyone know what the shareholders of record Roach58 02/13/13 12:44:50 PM
#449   IMO Mad Moose I like you and others gzone 02/13/13 11:44:13 AM
#448   Thank you, it didn't make sense that it Mad Moose 02/13/13 09:54:23 AM
#447   See G37 post. He is right. If you Steuvin 02/13/13 09:28:50 AM
#446   Record date is the key date G37 02/13/13 09:10:19 AM
#445   So Steuvin, what becomes of the shares like Mad Moose 02/13/13 08:50:15 AM
#444   $CRGC - $PGLC - Pershing Gold Corporation's Resale Tommy 02/13/13 08:02:13 AM
#443   No, I thank you for the info, I Mad Moose 02/13/13 05:22:49 AM
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