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CRDSQ: Mandatory exchange based on plan or reorganization. Exchange ratio 1-for-1. BK PLAN effective:
http://otce.finra.org/DLDeletions
There is such a low number of shares, that the recent cash infusion, and rumored word of a market maker coming on board could run these shares up very fast. Don't forget the plans of selling some Patents off. Mark (Hood) has been upfront about his position on getting Information to shareholders as soon as he can. The only reason I haven't sold is their customers like IBM remain with them. Hypothetically the shares could go much higher if all the patents were sold. Insiders were grabbing shares at a higher price out of pocket too.
CRDSQ seems to be getting some attention in the newsroom. Several articles are hyping the stock and I understand a market maker is in the works. Anyone hear about this? I will see if I can get some details.
Do you know the current OS. 210 gets 49% of the new structure so shares are reduced or the market cap should be a mix of the $4M injected and patent value.
I have 3000 sh and think they can recover. They still own patents being used by large companies. What hurt in the past was the loss of suits filed in court. It's still a viable company with this cash infusion. I don't think it's over for them.
CRDS changed to CRDSQ. Delisted from the Nasdaq to the OTC:
http://otce.finra.org/DLAdditions
* * $CRDS Video Chart 08-15-17 * *
Link to Video - click here to watch the technical chart video
* * $CRDS Video Chart 08-14-17 * *
Link to Video - click here to watch the technical chart video
Ask 2.75 .. Dnt think so
Only thing Could b a Short trap
We will see today i guess
-237 mill deficit .. 25$ ? More like 2.50
* * $CRDS Video Chart 07-17-17 * *
Link to Video - click here to watch the technical chart video
Got me some more
Would b fun to See some Kind a ETRM squuuueze lol
CRDS What are they waiting for on those Patent sales? I emailed Mr. Hood and he was very encouraging. Shares will run up fast and I believe we could see it happen this quarter on positive news. I've held shares in anticipation of the sale. Engineers seem pretty upbeat there. All hypothetical till it happens. Someone grabbed a lot of shares recently which ran shareprice up in one day, only to settle to its current $2.90.
LOLOLOLOLOL $47,000 in revenue for the latest quarter and the CEO, CFO and an Executive Vice President get bonuses of $150,000, 40,500 and 45,000
Absolute joke and greedy scumbags
Yes, reverse stock split was approved.
https://research.ameritrade.com/grid/wwws/stocks/secfilings/filing.asp?data=B64ENCeyJEb2N1bWVudEtleSI6IjEzNy0wMDAxMTQ0MjA0MTYxMDUxNjktM0w5Mk9GOExHTTJJU0ZKMjIwQ1FRRTc3R1UiLCJGT1JNQVQiOiJIVE0iLCJGT1JNX1RZUEUiOiI4LUsiLCJEb2N1bWVudERhdGVfZiI6IjUvMjUvMjAxNiJ9&c_name=invest_VENDOR
God I hope so real soon! Very bad day for me all around. Back to work tomorrow will set a sell at .44 and hope it fills in the next week or so at the most
I just read the call transcript of the q results. Nothing was mentioned about a reverse split so that is Total bullshit.
What's not BS is the following interesting piece from the transcript:
Yesterday, Crossroads and Dot Hill made their respective arguments in the Western District Court but the judge is not yet ruled on the matter. If Crossroads is entirely successful on the issue of Dot Hill’s breach, Dot Hill would be required to pay past due royalties which we estimate could approach nearly $1 million. Dot Hill would also be required to resume making quarterly royalty payments which we estimate could approach nearly $200,000 per quarter through December 2017. We hope for ruling on our motion to lift the stay within the next few weeks.
This gaps up huge Monday morning!
Target is 1.0 after these results!!!
Profit takers on Friday imo.
should it be a somewhat source of concern that this could not hold .40 on Friday?
So, crds managed to exceed the expectations of the analysts: 2.1 mil revenue where the analysts expected 1.85mil and less than a penny per share loss while the analysts expected 12 cents loss per share...
Not that bad, right? Up from here.
I'm holding this one... Thinking after hours and Monday
I seriously doubt any of that is true as I have not heard or seen anything of that nature! Besides that they cannot just spring it on investors and traders.
someone on the yahoo board mentioned a 1:20 R/S. any truth to that?
Buyers will come in before closing
Holding over the weekend for up commi g news $$$$$$
Obvisously there will be news after today
This is just day one of GREEN .Peoples need to go long on this one GLTA....$$$$
Selling is almost done. Consolidation happening at 35. I won't surprised if this closed HOD.
Don't be bashful people. Look at the charts. This is 'day 1'...I see some recent form 4's out there too. Gonna have to look at those. Grabbed first...will ask additional questions later!
any predictions on this thing?
MMs AND CRDS DROPPING HUGE CLUES WE WANT STOCK TO GO UP!
From here UP TO TEST HOD/ break that SHES GONE
$$$$$RUN !!!! MOJO >>>UP..UP. AND AWAY
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Crossroads Systems, Inc. 11000 N. MoPac Expressway Austin, TX 78759
| Crossroads Systems is a leading provider of Business Information Assurance (BIA) solutions for assured data connectivity, highly-resilient data storage and transparent data security. For more than 10 years, Crossroads has delivered the industry's best storage routing devices. As information security requirements have become a corporate necessity through corporate governance and industry compliance regulations, Crossroads solutions have expanded its offerings to deliver three suites of BIA solutions: NearEdge storage routing devices for assured connectivity, SurePath for guaranteed backup and data recovery and StrongBox for secured information. Crossroads helps enterprises store, manage and ensure the security, resiliency and accessibility of your business critical information. |
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