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I second that about the wife feeling a lot better,, just as I have spent a bunch of money on this stock too. I look for it to pay off my addition that I am going to build in the spring time. I am in the red, but believed in this stock the first time I watched the videos and did a little DD. The worst thing of it all is that I sold LVS at a much lower price to buy some of this stock about 2 years ago... and watched LVS go upward and CPRK straight down! but I did average down considerably, but now the decision is when do we sell? I might hold for a long time if things tend to keep going well.
so if everything works out.. the only people we owe something to is Altus? Is that correct or we still have debt spread out among others? What do you think altus plans on doing once they are in position? I guess nobody knows... Has Chuck met with Altus? What are your takes on Altus keeping the shareholders? This has huge potential, but in a greedy world, I wouldn't be surprised to get with the sledge hammer...
You know, I really need a small vacation and if all this comes together like it seems to be doing, I will be out there with you guys.
I just bought some shares on December 29th... will I get dividends? How much per share? Im new here!
What are your predictions of the stock price if the judge grants the money? Any thoughts?
What time is it in Utah right now?
So, if the money is granted, that is one positive thing huh? Again, does anyone know what exactly the 400k is for?
So that is taking place today? I apologize for not following but I have been disgusted with the money I have lost... but I still have faith... but what are they going to use the 400k for at this point? do they have a destination for the funding? Is it money owed? Or is it partially owed? What is the plan of attack? I appreciate any answer... I say they slip the judge.. 1K and keep 399K... haha
What is supposed to happen on the 6th?
What is the latest news guys? How is the restructuring going? I stopped following this disaster. Is there still belief that it may turn around in many years to come? Was there something that happened that definitely illustrates that it is over for CPRK? Is there still hope? What is the status? Anyone please..
Shaun
Yeah, it was supposed to be a little humorous.. however, I do feel a little better after the CC today... I believe this can be pulled off... and did you see that the sly fox posted again... haha
Is this enough to get the stop sign removed?
Is MD on vacation now sipping margaritas?
what numbers do you suggest for my imaginary plan?
Well, Instead of cancelling our shares, what I stated is an option that would only cost 300 million dollars. That to a billion dollar company wouldn't be much. But it has to grow first.
I have a plan for the older shareholders. Let the company recover by doing what they need to do to become successful. Issue new shares, thats fine. But... they should agree to buy back all of the old shares once the company is a billion dollar company. They can agree to buy them back for .05 each when the company becomes successful. That way, the people who invested in less than .05 will at least break even or gain. That would cost the company about 300 million. That should be nothing in 5 years for this company. It would be like buying a 5 year cd for investors. Or the .05 can be flexible to lower or higher terms. If this was the plan, the share price would fly to .05 in no time and then people could get out and others could play. Or just stop trading the old shares and purchase them later. The new shares could be issued and live on CPRK... but when could they buy back the shares? Or do they even care about us?
Wow,,, great post RDG... That is yet another incentive to make it work for the shareholders.. I don't want to wish my life away, but I wouldn't mind seeing CPRK in 10 years...
I second that Rich... It would be a better success story..
When you say that you hope the shareholders can recover something.... are you talking about a payout? Don't you think it is in MS and MDs interest to benefit the shareholders if they can get this company up in a few years?
FFF,
What do you think will happen to the shares, if the reorganization works and the company thrives, considering that MD & MS both are shareholders? Did you sell all your shares?
Johnny,
Did you sell your shares? Are you going to wait for a rescue? Anyone else believe that the company will come back after reorganizing? Anyone else holding on?
Thats what It sounded like to me as well... I am not selling.. Ill ride this into the ore at this point.. but I'm going to hold on to the shares...
Do the shares remain? Didn't AIG do something similar?
So, let me ask you. Does this mean that the shares are worthless? Will they remain? What if this company does come back stronger? Will that mean anything for the shares?
Their credibility is in the gutters...
CFO? Chief Financial Officer??? Is that what it stands for?
Why are you serious about a turn around? Did you hear something good?
Nah, I didn't want to come off negative.. however, I still believe they can pull this off as well... I just hope my belief comes true. I have a lot in CPRK... and.. I don't have many other eggs in other baskets..
Yeah, if CPRK folds..... you'll be sticking your fingers down your throat... wishing to spew!
What are the chances of bankrupcy? say about 51%?
I hope they can do something. I don't see why MS would jump on a sinking ship. He had to know what he was getting himself into before he committed to plug all the holes in the ship. I don't think he would want people to remember him sinking CPRK. Any thoughts?
Is everyone dumping?
I wish the company would state something so we can believe in them only. I hate to think about this, but I will ride this one into the ground. I learned my lesson when I sold all my LVS at $10 a share and could have sold it for $26 now.. I was sick... I didn't lose, I just didn't win...
How long do you think it will be before we are all convinced with you? Do you think we'll see some info soon?
But what would happen to our investments RDG in the mean time? Would we lose everything.. or would it come back when the company was extended time?
I apologize, but don't understand.. could you explain in a little more detail?
This company won't fold... It will use dilution as a last resort.. and it will continue to dilute.. and dilute until they have what they need... no fold here! then when they become profitable, they will eventually buy back shares.. this may be a 5-7 investment at this point.. Just my opinion and guess of course.. haha
Do you really think they will file bankrupcy before diluting eternally? Well, I guess, at a point, when the sp goes so low, the dilution won't do any good... but it will do good currently...
sell 3 billion more shares for $1 mill.. Even though.... one mill won't get much these days... it is 2010.. It shall be interesting as to how it pans out... Ill probably be sick when they fold though... I hope they don't..
Wonder who that was?
Im sure he realizes that, and I hope that drives him to success...
Honestly, does MS have money like that? If he does, and he believes in himself. I could see him funding the operation. But what is in it for him to put his money up? I just hope they get this thing off the ground and making money. I have a lot at stake here to lose and yes... I put more money up than I should have. I was counting on CPRK.. I still am a believer though...