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What news do you speak of.
I only post here because someone told me about the ways of these unregulated stocks and what they are all about. That prompted me to do only a little bit of research to realize what happens with these pink sheets. The person only asked that I pay it forward and hopefully save unknowing investors from losing their hard earned money. Unfortunately those who can least afford to lose money are the ones who fund these pink sheets.
Best of luck to everyone.
You have a de registered, unregulated pinksheet company. That says it all.
Actually, they can make a claim like that as long as they don’t provide a date or SEC filings.
Went over the same topic earlier this morning. No SEC filing means no cancelled shares.
As stated before, they have to file with the SEC to reduce shares which they have not done. They can say they plan on doing a buyback, but until there is an SEC filing, the PR means nothing. End of story.
The company has not cancelled any shares. There is not date of cancellation. No SEC filing stating the shares are cancelled. You have a gagged transfer agent. All you have is a PR stating they intend to cancel shares. They actually have to follow through with SEC for it to become real. Only way pink sheets get rid of shares is reverse splits, which this company has done.
So you are relying on what they call the bounce play. Risky move with 5 billion shares out there but they do happen.
I did the research years ago about these unregulated stocks and everything here points to a dilution scam. Seen this many times. It’s easier for someone to believe the will get rich overnight then admit they were scammed and lost money. We will agree to disagree about the legitimacy of this company. Best wishes
Once again, google signs of a pink sheet dilution scam. Also do some research as to how these scams are run. If you are invested in this company, it will be the best research you do.
The promoters and penny stock players have moved on. Only people that will be left here in a few days are those wondering what happened. That’s how these dilution scams work. You should google signs of a stock dilution scam and see how the activities of this company are in line with the indicators. This will return to .0001 in the next week or so.
Hopefully at least one person realizes what these companies are about. Years ago when I was an unknowing trader I had someone tell me the ways of these scams. I sold and about 20 minutes later the price dropped 70%. He asked that I pay it forward so here it is. I only ask that whoever doesn’t lose whatever they have into this stock because the read these post pay it forward as well.
Did my good deed.
Good luck to everyone.
Real companies which trade on legitimate boards state a date which shares are retired. A vague PR stating something will happen without SEC filing links and a date is irrelevant. Most of those who will lose their money don’t know this. To answer your question as to weather or not I like you, I will say this. Preying on those who don’t understand the stock market is wrong. Many times those who can least afford to lose money are the ones who fall victim to these scams. They think a stock purchase will alleviate their financial worries and are left worse off then before. So do I like you? Doesn’t matter. I don’t have to think about profiting on lies and taking advantage of the unknowing.
A common practice used in these dilution scams is promise of a shard dividend based of shares held or the retirement of shares during a promotion. This is a fact. Only way these unregulated companies get rid of shares is through a reverse split. That is a fact
Anyone happen to see a date the so called cancellation of stock will take place?
To all those who are going to lose their money when insiders and the paid promoters on this board dump their shares, sell now for a profit. The touts will claim I am only trying to get shares which is absolutely not true. There are over 5 billion shares available. If I wanted any, there are plenty available. This is a dilution scam. Do your research about the signs and see if they apply here. Now the touts and bagholders will attack me and try to discredit what I say. Let’s hear it fella’s
FCC to vote on 5G spectrum
https://www.eetimes.com/document.asp?doc_id=1329954&
It will be interesting to see how many people buy these warrants offered. The company is offering warrants to purchase stock which is not trading on a market or even has a listing date. With this companies history of doing nothing other then diluting shares, people should really think about buying any Wytec.
Here is a way to explain what has happened in a less rigid way. CCOP just offered shares of a spin off called Wytec based on how many shares of CCOP one owns.. Shareholders were given approximately 1 share of Wytec for every 400 shares of CCOP owned along with warrants at 2-1. Sounds like a great deal for an emerging company, right?
If you research habits of these unregulated OTC and pinksheet companies, you will see a common practice in their dilution scam is offering free shares based on current ownership. Insiders do this in hopes of preventing those not on the right side of the hustle from selling their shares during the promotion. You, along with other CCOP shareholders, will be issued share of Wytec. Only problem is there is no date for Wytec open trading on any market. CCOP did something like this with the 144 restricted shares which so many are stuck with and can’t sell. For now, any shares of Wytec are worthless until a market is available for trading. If this spinoff ever becomes tradable, it will most likely trade on another Unregulated market. Real tech companies trading at $25 per share are on the NASDAQ.
Also keep this in mind. Over the last two weeks CCOP has seen great volume. With all these people buying before the spin off shares are distributed, shouldn’t the share price of CCOP go up. It traded sideways with all the volume. Who was selling? Ask why would anyone sell with the promise of free shares of a $25 stock being offered? Now the price is back to around a penny with the volume disappearing.
Everyone should do their own research and draw their own conclusion.
Here is a way to explain what has happened in a less rigid way. CCOP just offered shares of a spin off called Wytec based on how many shares of CCOP one owns.. Shareholders were given approximately 1 share of Wytec for every 400 shares of CCOP owned along with warrants at 2-1. Sounds like a great deal for an emerging company, right?
If you research habits of these unregulated OTC and pinksheet companies, you will see a common practice in their dilution scam is offering free shares based on current ownership. Insiders do this in hopes of preventing those not on the right side of the hustle from selling their shares during the promotion. You, along with other CCOP shareholders, will be issued share of Wytec. Only problem is there is no date for Wytec open trading on any market. CCOP did something like this with the 144 restricted shares which so many are stuck with and can’t sell. For now, any shares of Wytec are worthless until a market is available for trading. If this spinoff ever becomes tradable, it will most likely trade on another Unregulated market. Real tech companies trading at $25 per share are on the NASDAQ.
Also keep this in mind. Over the last two weeks CCOP has seen great volume. With all these people buying before the spin off shares are distributed, shouldn’t the share price of CCOP go up. It traded sideways with all the volume. Who was selling? Ask why would anyone sell with the promise of free shares of a $25 stock being offered? Now the price is back to around a penny with the volume disappearing.
Everyone should do their own research and draw their own conclusion.
So the spin off actually occurred. Shares to be distributed on November 20th. Anyone have any idea when Wytec will be trading?
Louis. Some factors to consider with this so called investment. You are being issued shares for an unknown stock which share allocation is based on how many shares of an unregulated pink sheet company you own. This spinoff sounds like it will also trade on an unregulated market. If Wytec was going on the. NASDAQ or NYSE, you might have something. A pink sheet spinning off onto an OTC market is nothing to get excited about. Also consider this. You are receiving approximately 1 share of Wytec for every 400 shares of CCOP you own. Look up the term reverse split and see how it is used in these unregulated markets. Also, take a look at what happens to share price after reverse splits. It always goes to the original price and shareholders are stuck with a stock worth a slight fraction of what they once had. Also, there has been considerable volume in the last few days with no change in price. Someone is selling their shares. Even with this so called progress in the company, people are selling into the buying.
Always do your own research and draw your own conclusions. So many hope this is the real deal.
Good luck to you
Louis, in 15 years this company has produced nothing. There is no timeline for anything because this is not a real company. It is a dilution scam. The latest hype about the spinoff was only to keep those who would like to sell for a profit or minimal loss from selling their shares. This is a common practice in these dilution scams. Promise current shareholders a reward based on shares they own. They then hold while insiders sell their own shares (read the press releases over the last year) into the hype. Less selling means price holds higher while insiders sell their shares. Nobody will ever receive anything from this Wytec or Wylink or whatever garbage Bill and Steven are promoting.
When you say this should not take this long, what are you referring g to?
Greetings. How has everyone been.
Here is a great article about these unregulated stocks and why they register in the state of Nevada. Notice CCOP is registered in Nevada. The office is in Texas, but the refistration is in Nevada.
https://m.lasvegassun.com/news/2007/apr/29/nevada-a-scam-haven/
There is no spin off. This claimed spin off is just another scam technique used to keep people from selling their shares while insiders dump their own. Create buying to hold the price, tell people they need to hold their shares of ccop because they will receive shares of Wytec based on how many Ccop shares they own, insiders sell their own shares.
Want proof. The only press releases this company has put out have been notifications of insiders selling off the shares they issued themselves.
Nothing will ever materialize from this claimed spin off you read about in an email. The company has been sending emails that speak of huge development followed by emails with excuses as to why the so called event did not occur. 12 years of doing this has made disbelievers out of anyone stuck with restricted shares of CCOP they can't sell. I have not heard from this scam in years. Based on what has been said here, if one had to guess Bill was talking about an IPO with Wytec which was supposed to occur sometime in the last month but didn't. The company has recycled the same lies for years. Wytec is another part of the CCOP fraud which will never produce anything other then diluted shares. If you make money on an OTC scam, take your profits and move on. That is the number one rule with theses unregulated scams..never buy back in.
Good for you. You are to be commended. You make money on fraudulent stocks that operate based on lies and deception. You take from those who have very little and don't understand the stock marked. You swindle the unknowing for your own gain. Hard working honest people can make money with the stock market doing hard work and research. The rest dwell in the sewers of unregulated penny stocks.
There has been much writing on this board about what is going on within the company. Here it is plain and simple. There has been nothing from the company to support the claims made on this board. Not saying they are true or false, just saying that without an official press release or some other form of communication, nothing is real or fake. The only press releases we have seen since 2014 are the dismal reports and notification that insiders are selling off their shares. That does not look like a company starting a business. The foundation for many scams is promoters telling people of big things about to happen that they can't talk about. Better get your shares while it's still cheap. It's unfortunate, but there is an endless supply of people to fund these scams without doing a little research or using common sense. As for the advise to just sell and move on. There are many who bought restricted shares and can't sell. They can't even sell for a loss and a tax write off. They would like to put this bad decision and learning experience behind them, but they are unable to sell. So to suggest that some are "whining" without knowing their history is not an accurate reason as to why they post here.
Call Steven or investor relations.
There is nothing funny about what happens with these unregulated scams. The people that usually lose are people who don't have much to lose. It's not like people with excess money are funding these scams. Individuals have lost as much as their houses or their kids college fund because they believed the lies of a pink sheet salesman. Yes, people are responsible for their own actions and should know that if it sounds too good to be true, it probably is. But, the rule of ethics comes into play when funding a scam by manipulating those with very little to lose.
Jax. Everyone that has been involved in this stock and thinks it's a scam would very much like to be proven wrong. Simple fact is this company has years of empty promises and bad excuses as to why it hasn't become a player in the communications game. If something happens and this company becomes real, all the doubters will gladly say they were wrong.
Once again, anyone can write anything they want on an online chat board. Without the company announcing something, it is just words on a computer screen. People must do their own research before putting their hard earned money into a company.
For a long time many have tried to educate people or at least get them to do a littl bit of their own research before they buy into this company and fund Bill and Stevens scam. It really is amazing folks out there will ignore facts and believe the stories those two sell. Only a little research will show this is a fraud. This last round of buying that lasted a couple months was proof this scam will continue no matter how much you or anyone encourages people to look at facts and not stories from a computer screen.
Louis. There is no service starting anytime in March or any other month. This is a scam. People can and do write anything they want on these online chat boards. You will notice the high volume of trading surrounding the story of service starting in March. Also notice that the price remained unmoved with the unusually high buying. That is insiders of the promotion selling their shares. Now the promotion has passed bye, you will notice the volume has dried up.
You absolutely can not make investment decision based on what a complete stranger hiding behind an alias on an online chat room tells you. Do your own research and look at the history of this company. It's a scam.
Look at the history of this stock. It is a dilution scam. The news you are looking for will be a vague, open ended statement with no content. This stock has had relatively high volume the last few months and has not moved. Anyone who knows anything about these unregulated stocks knows what is happening.
Yesterday worked out very well for some people, not so good for others. People bought in the morning and others sold during the day taking advantage of the buyers.
No one knows who is who on this board. Doesn't matter. Many more have purchased this stock while Others used the buying to hold the share price so they could sell. That's what this stock is. Would a company official post inside information on a public website? No one in their right mind would. Anyone can say whatever they want here. But, if an insider posted company information or false information to entice buying, they would face legal recourse. So is it likely Bill or anyone else inside the company is writing here, probably not.
So the end of February is here. Let's take a look at the last months activity. We have had a new member to this board promote this stock with talks of big events in the near future. We have seen unusually high volume with the share price remaining unmoved. There has been someone selling into the heavy buying keeping the price down. Bill has been selling off his personal stash of CCOP shares. Anyone who knows anything about unregulated stocks knows what is happening here.
To whoever has been sending private messages. I do not have a subscription that will allow me to send private messages. please feel free to ask any questions you may have on this public forum.