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You are spot on Dent. There is nothing here but a defunct ticker symbol and a listing application that sits on someone's desk with no stamp of approval. In other words the listing is a "No Can Do." A reliable source reveals that on the shareholders list are people with a history of Pump and Dump on other deals.
What exactly do you have as an equity founder?you have a certificate that says you gave 1000 dollars in return for what. I did ask for my money back and received the 1000 plus interest so I am happy. However,I still have 525 shares of stock,so I still have the right to complain.will a nondescript sort of mining or I am not sure what the company is get huge funding to get a mine up and running succeed,I yoinks not.ther is literally no expertise at play here.not in mining not ing running a mining company,not in running any kind of company.just look at the history of this company and it’s principals.i hope that I am wrong as I would love to get all my money back that I put onto this company,but ... good luck
chuck and lee should have let this company die. the only people who are sticking around are people who have invested in esf...its been fking 10 years. people move on.
i am so pissed that they lied and said we were out bankruptcy in 2013 to get people to invest in esf. i am pretty sure if this isn't trading by end year, they are going get a few lawsuits coming their way.
the 'Q' SHOULD HAVE VANISHED years ago----replaced with a DEE---'D'
Why would it matter to you where the company is in a week? Month? or year from now? They GAVE you your money back. No skin in the game, No sense to get upset if you now are not an Equity Funder. If I asked for my money back and they sent it to me I would move on and invest in something else. I'm fine waiting. The reward for patience may or will be huge! JMO Good luck
keep telling yourself that when we are in 2020 and still not trading. its obvious something is wrong. without cprk trading this investment is worthless. xxx speaks of these hundred million dollar deals that they are working on...how delusional can you be. who would give a company that just exit bankruptcy, has zero proven track record, a ceo that has zero mining or financial experience, hundred of millions of dollar. if i had a trillion dollar, i would not give this company any after what I have seen this past five years. i keep this investment a secret because i don't want people to think how fking stupid i am to invest in this garage, not just once but twice.
I'm not sure what conference call he listens to? I come away from listening and hearing a lot of positive things happening? In my opinion, I think i'm a large Equity Funder i would do it all over again!! and more than likely twice as much $$$!!! I honestly believe that patience is the key! For some of us it will be a life changer! JMO
CPRKQ, i second that .......... well said.
GLTA Longs
So you were paid your funds when you wanted them back and asked to be refunded, now you complain about everyone, that is working to get us trading again? I don't get it? Yes I would have invested and did invest! There is a lot you leave out, and also a lot of misconstrued facts you throw around? Why? JMO I would take that $1,000. and invest it in something else if I were in your shoes but I'm not! I'm glad i am an Equity Funder and patience is a virtue some don't have. JMO
That is correct, Skittle. And even though it has been filed to be listed again, the regulators must be fully aware of the intent behind the scenes for a Pump and Dump. So it just sits on someone's desk literally forever. Sad.
i wonder how many people would have invested in esf in 2013 if they knew cprk wasn't actually out of bankruptcy... i know i wouldn't. it wasn't until 2018 that they filed paperwork to get the judge final decree, which is when cprk official exit bankruptcy. so basically lee lied about being out of bankruptcy in 2013 so he can get people to invest in esf. you cant trade a stock if its still in bankruptcy. thats why they didn't filed the paperwork needed to get the stock traded until 2018; the same year that cprk officially exit bankruptcy...for some reason cprk/esf shareholders are ok with a ceo misleading them. its truly amazing. i don't care if cprk start trading..this will still be grounds for a lawsuit.
lee said he needed to raise more funds to pay some sort fee to some mining company because he was afraid to lose the mine because it contains a mill. how do you think they are going to get the money?...the company is fking broke.that is 100% fact.
also the authorized shares for CPRK was capped at 10 million and in order to increase that you need a shareholder vote but somehow it has increased to 25 million. LEE just casually mentioned that in the last CPRK conference call.
cprk needs a new CEO with a business and financial background.
They always say they won't do that but then they do. That is where it becomes a pump and dump. That is where the regulators who oversee the fake market will never approve it for listing. I have no doubt that at least one of the "shareholders" also serves as an intelligence officer for the regulators.
But Lee did say somthing about selling more shares if we get trading...He said they wouldent do that...but there it is.
Your right he is kidding you! Nothing was said about finding any new investors. Don't believe everything you hear. It was a great call. Jmo
More suckers for ESF? Are you kidding me? From what I gathered they are the very reason that it never gets approved for listing. So anyone investing more would truly be a sucker. wow!
I think your wrong and way off from what was said. Jmo glad I am an Equity Funder. Jmo
can you tell me when are we are going to get any ROI on ESF? maybe i misunderstood lee when he said it would be long time until that happen and he really doesn't fking know.
and now they are trying to sucker more people into investing ESF.
To ANYONE who want to invest in CPRK/ESF, unless CPRK is trading, please don't do it. you will be apart of this misery.
this company needs a CEO that has a business and financial background. in six months, it would be ten years since start of this bankruptcy. i wish they would just sell the fking company.
You might need a new ear piece? Your take on the call, sounds nothing like what the rest of us heard. Actually it sounds a lot like slander to me but what do I know? I liked the call and look forward to what their doing. Didn't you get your money back from the company you invested months ago? I thought you asked for it and they gave you your money back? Thats to bad if thats the case. In my opinion it will turn out to be a huge mistake on your part. JMO
i just listen to esf conference call recording and xxxx finally admits it. that esf is a fking scam.
Lee (paraphasing) : I am really excited about ESF. We have xxx million in asset and the ROI for shareholder will be XXXXX...(get shareholder all excited)
Shareholder question: So Lee when can we expect to see a ROI?
Lee (paraphasing) : Well its gonna be a very long time. We're not really sure. It depends on alot of things. Our asset is deem "unrealized gain" for right now and is not liquid yet.
Shareholder: wtf.
the only way to more forward for CPRK company is for this company to vote in another CEO. Someone who has a business and a financial background.
CPRKQ, yah some of that too...... Haha
GLTA longs
it must be overflowing with alcohol.
CPRKQ, glass half full or glass half empty. Your choice........
GLTA Longs
PS. my glass is over flowing.......jmo
Of course. CPRK is like a time machine. Just stay in the machine. When it finally stops spinning, at some point in the future, it will finally be listed. LMAO.
what was so positive about the conference...it is the same mo, bring out some great deal that will never materialize just as a distraction from the company not trading...same shhit every conference call.
GLTA Shorts too. Just to be fair and balanced. Of course if it never is listed again then it doesn't matter what side you are on. Sad to hear about the car accident. The founder of the company in the early 2000s was almost killed in a similar accident. Fortunately he was able to recover. Car accidents suck.
CPRKQ, sad to hear that, my heart is with his family.
GLTA Longs
I agree, not good no matter anything else. His family is in our prayers.
no one wanted this for him...im sure we all will keep his family in our pryers.
Thanks for sharing, Took me back to the Grand Opening years ago. Thats to bad. Sorry to hear. Our prayers are with his family.
https://www.stgeorgeutah.com/news/archive/2019/06/14/jmr-driver-dies-after-two-vehicle-collision-in-enoch/
https://www.deseretnews.com/article/900075482/man-dies-in-enoch-car-crash.amp
https://www.ksl.com/article/46574270/man-dies-in-enoch-rollover-crash
I know there are a lot of mixed feelings about Mark by those on this board, but hope you guys will keep his family in your thoughts and prayers, and for goodness sakes PLEASE wear your seatbelts
Many of you will be interested to know that Mark Dotson died in a vehicle accident yesterday afternoon. He drove through an intersection and was T-boned by another vehicle (he was at fault). Wasn't wearing a seat belt and died later in the hospital. The family in the other vehicle sustained only minor injuries.
I also heard some great news! It was a nice call!! JMO Grateful for all Lee and others have done!!
CPRKQ, Did you??? Lee, chuck and others where there to answer your questions. I heard some real positive news myself......Tic Tock its coming
GLTA Longs
CONferance tonight....would love someone here to ask some hard qustions....all we seem to get is puff qustions..
What happened here is plain and simple and can be said with very few words. The regulators who run the world of Fake Companies and the Fake Exchanges are not dummies. They realize that this situation is nothing but a Pump and Dump. So they shut it down. They are just doing their job.
Why is anybody even talking about this dog? They are done gone KAPUT!! and i think lee and chuck are just stringing us on so they dont get sued.
They've been working on getting CPRK trading since 2013 but why then it took them till 2018 to file the 152c11 paperwork to FIRNA that would allow Cprk to trade...Its probably because CPRK trading was not a priority to LEE and company. They want to build up the Equity group portfolio. Them thinking they would have venture capitalists falling to their knees and begging to be allowed to invest. Well they were wrong and without CPRK trading there is no financing.
Yea, it is amazing the number of followers who continue to believe everything he says. At what point does one have zero credibility? Maybe we have a lifetime of conference calls guaranteed.
This was emailed in 2013. They have been working on the same shit for more than 5 years and nothing.
Shareholder Update
Dear Shareholder,
We conducted our latest Conference call with Copper King Shareholders last Wednesday. Many of you were unable to make the call and have asked that I ‘fill you in.’ Here is a quick summary of the high points.
There weren’t any ground breaking announcements or news on this call. We are working long hard hours every day. While EVERYTHING seems to take way too long, we ARE making progress every day.
In this update I briefly cover three things shareholders have told me they are most interested in as they look at Copper King.
First, Trading: Most of you know we have had our CUSIP number for over a month now and we are still waiting for an approval on the trading symbol. We made application to FINRA weeks ago on what should have been a 2 or 3 day turnaround on the symbol, but they have not issued it yet. I talked to them on the 19th and I now believe we will have it in the next few days. (as of today Tuesday Nov 26, we still do not.)
In addition to getting the symbol, there are a few other things that need to be done so our stock will be as clean as possible when it hits the market. We need a Market Maker to back us with FINRA and the SEC. We need as much of the accounting finished as we can because that will confirm the real value of the NOL’s, and we need the final unsecured creditors issues finished. After that we can issue the new shares.
Let me address these three challenges one at a time.
1) We have talked to some Market Makers and provided the legal documents they requested to those who have shown interest. A Market Maker has a responsibility to FINRA to stand behind any stock they represent. Under the rules of the Financial Industry Regulatory Authority, they can be fined if things don’t work out; not in the sense that the stock doesn’t perform, but rather in the sense that the stock must be legitimate. We should have no challenge with that since our stock is blessed with a ‘this stock will trade’ order from a Federal BK Judge.
What we are doing is so rare to some of the regulators and others in the business that our situation does not fit into any of the neat slots they are used to working with - it’s like shoving a square peg into a round hole. Consequentially, we have had to do some educating to work through things with them.
2) I talked to the accountants to see exactly where we were with our accounting - particularly the 2011 tax return. The fiscal year for CK ends on September 30th so all of the transactions that took place in the execution of the APA and were consummated in October and November of 2011 need to be reported on the return for the fiscal year ending September 30 2012. I have paid them to finish all of the accounting to get us up to where we need to be to start trading (except an audit - if we do one), but it is taking a long time to get done. The 2012 return which is coming due should be very easy because it is a matter of clear court records.
3) Most of the challenges with the Copper King unsecured creditors have been resolved as of about two weeks ago. There are still challenges with how we are going to handle some of the WUCC unsecured creditors - there is a hearing on December 3rd to address them. We need to pay the attorneys some more dollars ASAP so they can follow-up and finish that process.
Second, Bankruptcy/POR: I keep getting asked when we will be out of bankruptcy. The answer is that we ARE out of bankruptcy. If I remember right the official date was about June 18th However, there are some things we need to complete to meet the terms of the POR. (Some of them are not even due yet.) For instance we need to finish paying the administrative claims, get the litigation trust fully funded, negotiate settlements with a few WUCC claimants etc. If we don’t fulfill those obligations there is a very slim chance somebody could cause us trouble and the BK (or at least the POR) would be reopened. We don’t expect to have any challenges, but it is a possibility. Be assured though that we are out of BK.
There are some things related to the BK that we are trying to get done before we issue the actual shares - for example we need to clarify our position with some of the major shareholders so that they don’t cause us to lose our NOL value by actions they take which could be against IRS regulations on how shareholders of companies with NOL’s are required to act. We need to get these things done quickly so that we can issue the Copper King stock before the end of the year, if possible.
Third, New Projects: We are working daily (actually night and day) assessing new projects all over the world but particularly in the Western U.S.
There are hundreds of projects available to us and we have selected four that meet our investment criteria. Negotiations are ongoing on these projects.
We appreciate the help and support you, the Copper King Shareholders, are giving the Company. The plans we are now delivering on are designed to provide as much shareholder value as we can possibly create as quickly as we can create it.
Sincerely,
Lee Abbott
and the Copper King Management Team.
Happy Thanksgiving to our US shareholders!
This was emailed in 2013. Can one of Lee's fanboy tell me why it took till 2018 for the Lee and company to file the paperwork, so the judge can issue the final decree that CPRK was out bankruptcy. basically lee lied in that email in 2013 that the company is out bankruptcy. You can't be officially out bankruptcy unless you get the final decree. I guess no one will call Lee out on this because they're afraid to hurt his feeling.
It's Official!
Congratulations are in order.
Enough of you stepped up and made the commitment to fund the DIP loan. We are happy to announce that CopperKing truly is ‘Rising from the Ashes’ and has OFFICIALLY exited Bankruptcy. The POR has been funded and the notifications stating that Copper King has reached it’s “effective” date have been sent. (See below)
There is still a lot of work to be done before we will be ready to start trading again, but the major hurdle to resuming business has been cleared. Without the black cloud of Bankruptcy hanging over our heads, we are free to move forward with finalizing the acquisitions and financing opportunities we have been developing. There is paperwork and filings that must be made before Copper King stock can be traded again and too much of it can get hung up in the bureaucracy, but we are pushing the process as hard as we can. No promises, but we hope to have everything pushed through the process in 60 days or less. We are planning to hold periodic tele-conferences and send e-mail updates to keep you up to date on where we are in the process.
We have faced some seemingly insurmountable obstacles to get Copper King to this point. As a team, we are committed to facing the challenges before us and leading the way to a profitable future for CopperKing. We are committed to doing everything in our power to earn the trust you have shown in our management team, and to develop Copper King as a company you can be proud to be a part of.
THANK YOU!
The CopperKing Management Team
Official Notice
The following is the essence of the official notice document. The full legal document is available at the bottom of the Shareholder Updates page of the website as 'Exit Notice' (see link below)
Copper King Mining Corporation ('CK'), a Reorganized Debtor in the above-referenced jointly administered bankruptcy cases, hereby provides notice that, the 'Joint Plan Of Reorganization Under Chapter 11 Of The Bankruptcy Code Proposed By Debtors As Amended On September 10, 2012' (the 'Plan') confirmed by the Bankruptcy Court pursuant to its Order entered November 26, 2012, has taken effect as to CK.
Pursuant to the Plan, the 'Effective Date' means 'a Business Day on or after the Confirmation Date specified by Debtors on which (i) no stay of the Confirmation Order is in effect, and (ii) the conditions to the effectiveness of the Plan specified in section 10.2 hereof have been satisfied or waived.'
CK specifies June 19, 2013 as the 'Effective Date' of the Plan as to CK, and represents that: (i)
no stay of the Confirmation Order is in effect, and (ii) the conditions to the effectiveness of the Plan as to CK specified in section 10.2 of the Plan have been satisfied or waived.
Dated: June 19, 2013 LEVENE, NEALE, BENDER, YOO & BRILL L.L.P.
The real question is who would buy it? Copperking is the poster child for how public companies are shut down. If there are real assets they should be taken out somehow and sold? I agree. But how do you do that if you have already sold shares to a "group", spent the money and that group is on a regulators black list? This one will never trade again. It is why you never put more than a couple of hundred in that you can completely afford to lose.
What i would do is sell cprk and give ESF funders their money back and give the rest to CPRK sharesholders. I invested in ESF because I was overcome by the emotional that came with the company going to into bankruptcy and wanted to help. Those emotions are gone(its been 9 years) and now I see this is just someone pike dream and not mine. Why continue with this when you are just going to bring more people into this misery.
What do you disagree about...that both company are boke, no money? because that's a statement of fact. call lee and talk to him.
CPRKQ, that sounds like a ( IMO ) statement....... Unless one is involved in really whats going on and helping...... and ( IMO ) one is just barking because one is just sitting on there hands and watching by the side lines. If one has a better plan, then by all means speak up and help make it happen, just saying......and just ( IMO )
GLTA Longs
No one legitimate will deal with a penny stock company. Especially one that is unlisted. The Equity group destroyed any chance this company ever had. And with the shareholders who are with them on the regulator's black list this is the nail on the coffin. The only chance Lee has is to start a brand new company with NO history, clean shareholder list and then start the process over again. They could get it listed in one year or less. This one is toast. Stick a fork in it!
This is what happen imo...Instead of loaning CPRK the million dollar that was raised by the Equity Group, so CPRK can have a decent financial standing, LEe and company used that money to buy mining properites. Them thinking with the accumulated mining properties and their "expertise" that they would be able to get a major loan like 100 million dollar. They were wrong and now both company are broke. CPRK has poor financial standing and FIRNA will probably not allow them to trade. No money for plan B either.
Realy sad we are consulting witch doctors to find out whats going on with this dog.
I just had a psychic reading on this company and asked if this company will ever trade again. Her answered was basically no.The company made some bad decisions on how they raised money privately and how they spent it which now put its financial liability too high for it to be allowed to trade again...sounds about right to me. This company is broke. No wonder lee won't release updates. I didn't tell her anything but gave her the website.
When is the next conference call? This seems to be the only measure of success for this Fake Company.
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