http://www.smarteranalyst.com/2015/03/16/cantor-reiterates-buy-trovagene-inc-following-data-presentations/

Sorry forgot the link. http://investors.crsco.com/phoenix.zhtml?c=99353&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTEwMTQzOTc4JkRTRVE9MCZTRVE9MCZTUURFU0M9U0VDVElPTl9FTlRJUkUmc3Vic2lkPTU3

Its done.

Basically sold the shares I bought on Tuesday before that pathetic after hours 8-k. Will keep some shares to the better end. Actually, sometimes there is a temporary short squeeze after a company files for BK. I wouldn't count on it though. Those shares will be a reminder never ever again to give a company that has accounting issues the benefit of the doubt. When you here the word audit time to run for the hills. That goes for problems paying back the loan to the bank that keeps you in business. In a positive note I did take down a nice pot in daily fantasy basketball on a brand new site that's much easier to win. lol Seriously if you play let me know if your interested. Thanks CRRS for the memories. See you on the CNBC episode for Greed. I'm free if your looking for interviews about the company. lol

A question I have about Caserra is at what price did he own his shares at & has he sold any shares?

Another acquisition for PTRC, on a roll

http://money.cnn.com/news/newsfeeds/articles/marketwire/1179785.htm

Yes, I do. And the only thing I remember the company saying the auditors found out was that certain assets were not categorized correctly. Right. That was the reason for the delays in reporting & the probation with Nasdaq. I'm not an accountant & don't know the first thing about auditing a company, but wouldn't one of the first questions an auditor would want answered would not only be what is the company's tax liabilities for every facet of their operation, of course including the payroll dept. owned by Caserra who owns 80% of the entire company but whether their paying too much, too little or not at all. You know simple due diligence. I would guess Michael Golde is someone many people would like to talk to as well.

Wow that's unbelievable. I don't see how this doesn't end up in a courtroom, probably more than once.

Yep that says it all right there. It was telling that I could never get a straight answer from the company why they had such a reduction in working capital & such a problem with Wells., The answer maybe was IMO they were so focused on showing bigger profits they just were willing to risk not being able to pay back Wells. Or they felt they'd be able to get a better agreement with them or find another lender to refinance. Of course that didn't happen. Forget what happened with Caserra & the tax liabilities. Like you said the Wells problem was not a new one & clearly Messina & the Board must have known why CRRS found themselves in such a disadvantageous position with Wells. I'm sure answers will come at some point, probably in a deposition or a courtroom. lol.

Hey buddy, thanks I saw that earlier. Looks like they didn't get too much for the California assets. But it seems the idea is to sell off different parts of the company as soon as possible. I bought some shares today to try to recoup some money but looks like I just added to my losses. Oh well. Some of my other small cap high risk stocks have done well recently so you win some, you lose some. By the way who do you think is calling the shots here? Is it Wells? What's your opinion on how this future CNBC "Greed" hour show comes to an end? lol

http://investors.crsco.com/phoenix.zhtml?c=99353&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTEwMTIxNjMwJkRTRVE9MCZTRVE9MCZTUURFU0M9U0VDVElPTl9FTlRJUkUmc3Vic2lkPTU3

Yep, I think your right, especially after he sold his shares. I was told that a Board member could not sell his shares while he or she was still on the Board which is why you saw that massive selling after the Board members resigned. Is there any Board members still left? I am curious because they would have an interest to save the company at a higher level. But in the end, like I said, I believe
Wells Fargo holds all the cards.

Well I hope your right. Clearly what happened with Caserra & the tax liabilities was a blindside as there was an insider buy at 1.20. I did find it troubling that they were unable to renegotiate with Wells or find another lender to refinance with when they are reporting 1 billion in earnings. In the end I hope Messina does what's best for shareholders after staying with the company through their accounting problems but right now I think the fate of the company is in Wells Fargo hands. Let's hope we both can make some money & this heads back over $1.00.

I think you are referring to Robert Caserra who owned Tri- State Employment services. He also owns 80 person of CRRS stock. He has since resigned and I wouldn't doubt that he is being blamed for the mismanagement resulting in the 100 million dollars tax liability. Board members who resigned clearly are going to say they did not know what's going on which is why they wanted an investigation. I've owned shares for years although the way back to when it was .50. Unfortunately I do own shares at a higher level but some shares today to see if I can recoup some money. I hope your right about the ability of the company to avoid bankruptcy as there was potential here as well in the temp. employment sector.

http://finance.yahoo.com/news/petro-river-completes-acquisition-havelide-130000030.html

http://investors.crsco.com/phoenix.zhtml?c=99353&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTEwMTA1OTAxJkRTRVE9MCZTRVE9MCZTUURFU0M9U0VDVElPTl9FTlRJUkUmc3Vic2lkPTU3

http://investors.crsco.com/phoenix.zhtml?c=99353&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTEwMDk4MjMxJkRTRVE9MCZTRVE9MCZTUURFU0M9U0VDVElPTl9FTlRJUkUmc3Vic2lkPTU3

http://finance.yahoo.com/news/petro-river-enters-agreement-acquire-160000706.html

Million shares already traded. Any news?

http://ir.cancergenetics.com/press-releases/detail/1044

James Altucher resigned from the Board. http://biz.yahoo.com/e/150210/crrs8-k.html

Extensive Report by Zacks. Price target $.20. Still clear risk of bankruptcy, seems like Wells Fargo holds the fate of CRRS in its hands. Also danger of further tax liability issues being uncovered. Does outline a path out, but still extremely high risk. Clearly lottery play only in my view.

http://scr.zacks.com/files/Feb-10-2015_CRRS_Backer_v001_a4uuq6.pdf

Thanks buddy I appreciate it. How does that work? Is it very expensive?

Thanks buddy. Yea I should of sold much more in the pre-Nasdaq days. Actually the day it was listed on Nasdaq it went to 5.62. Believe it or not I once bought at .50 & sold at .90 very early on. Oh well live & learn. The signs were there. Luckily I stopped buying a long time ago. I own Apple, Disney & FB & mutual funds, so I'll be fine. Let me know if there is any new investments your checking out. I'll do the same myself.

In your opinion where are we at now? Is Well Fargo willing to help CRRS get out of this mess or is that just complete wishful thinking? I'm hearing talk of checks bouncing, etc. I think you would need 8 degrees in corporate accounting to analyze all the documents. Are you still holding your shares?

More resignations. I'm starting to feel ill when thinking of the number of times I could of sold the last several months. No one to blame but myself.

http://biz.yahoo.com/e/150210/crrs8-k.html

http://finance.yahoo.com/news/clinical-results-demonstrate-high-sensitivity-130500998.html

I spoke to IR & I was told they decided to do the offering to make sure they had enough funds to complete all the studies that r ongoing & planned moving forward. They want as much data as possible in support of their technology which will help them in persuading the medical community to adopt their different tests & assist them in their Commercialization efforts later.

I hear you buddy. Cassera owns 80% of CRRS shares. He has this payroll company whose only client is CRRS. Of course he never told anyone the payroll company owed 100 million in taxes. Better to keep it quiet. Poor management is reporting a billion dollars in earnings & at the same time their biggest shareholder, who runs the company that cuts the checks can't pay back Uncle Sam. Is this a CNBC special or what? Lol At $5.62 I could of cashed out & took my fiancé to Hawii. So I suppose I'm just as a fool for trusting management. But of course we'll hear it wasn't their fault. They didn't know what was going on. Can't wait for the movie. Lol

Thanks. Been long for years with cost basis under 4 & I'm in no rush to take profits at this point. Willing to wait. Still feel the benefits of the technology in this space is not even close to being fully realized.

Anyone concerned about this article:

http://www.thestreet.mobi/story/13033473/2/bioprinting-profits-why-organovos-3-d-bioprinting-technology-isnt-worth-investment.html

Unfortunately the signs were there, but all the people who held, including myself, wanted to give management the benefit of the doubt. Well the question now is how long is this going to be drawn out before some sort of resolution. Luckily I didn't average down. Turns out the SA article a long time out when pps was $5.62 advising to short stock said it was worth $1.50 or $2.00. He said company could not grow margins to sustain such a high valuation. Turns out right now margins is the least of CRRS' problems.

Oh I agree 100% Absolutely. Using Marino was just a feeble attempt at humor in what is a terrible situation.

Well here we go. All the way from $5.62 to .75 & who knows how low. Clearly giving management the benefit of the doubt was not the right move. It took a while but any public shareholders r dumping after the Wells default, except me of course. This would be the time to bring in Marino for the Hail Mary, right. I'm sure he got shares very cheap, but he can't be too happy either with the pps.

I agree there's no question it makes no sense with all those revenues that were unable to pay off Wells & pay off another bank. They had to know about the money issue for a long time yet they r unable to deal with it. Maybe since they were dealing with the compliance issue, they could not do 2 things at once. Do you think there is any possibility a Big Fish with a lot of cash would want to buy them out? Problem is I don't think they'll get much with all their problems.

I'd like a reason to stay after holding so long but there r so many red flags I have to get rid of least half my shares if there is any kind of a bump. These problems were always under the surface. Long term holders always wanted to give them the benefit of the doubt, including myself, but it's now one thing after the other. One billion in revenues & you can't keep your obligations with a creditor (Wells Fargo). A Hail Mary would be if someone bought them out, but I doubt it. I agree I don't know Director bought shares at 1.20. I suppose he should of used that money to pay off Wells.

Hey buddy. Correct me if I'm wrong, but looks like company is now in default with Wells Fargo. http://biz.yahoo.com/e/150121/crrs8-k.html

http://www.monitise.com/news/press_releases?id=1021

http://finance.yahoo.com/news/trovagene-expands-collaboration-genomac-demonstrate-080100172.html