learning how to be trader
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Today is friday and silver took a little drop early on in the day.
Also there is a big promoter pushing this stock BUT according to his sheet he is not being paid for this one.... So i think that his finding this stock was not so much a promotion but rather a honest find....... BUT any time a promoter promotes, he has his squadron who are trained in pump and dump enter the arena and at first sign of trouble they all dump. I think that is the case here= 1] the promoting crew being here at all 2] the slight midday drop in silver.
This may be a place for a more well off than me person to make a gamble on monday's silver price going up...
Just my opinion and go gpl
I think El Chapo and Adam are vacationing somewhere....:)
I went to Adam Carter' house and all I found was a note saying "Who is John Gault?"
I heard that somewhere. Is there any significance ?????????
some very good posts lately have been posted. This one had very valuable information and should be stickied as well. Another one by the people at :
https://www.securitieslawyer101.com/2015/dividend-calissio-resources-finra-halt/
was stickied and was very nice to read and makes a perfect case and does it without the what some posters here feel are good posts.
No one liners with and it had meat backing its claim. My hat goes off to the person who dug it up and had it stickied. May this become the level of posts on this forum :)
Petrobras after more contracts with other companys now too........ One thing might help. The CEO of Petrobras is also the CEO of VALE. He became the Petrobras CEO after all the scandal. He just took a leave of absence from Petrobras BUT NOT from VALE..... Maybe he knows Petrobras is killing contracts illegally and wants no part of it.
Fidelity platform is treating VTGDF like it was on the greys...........
It wont show bid/ask live . It only shows after each sale instead of live like others. Even CYPW and MYRX show live MM bids...
All in all I can say that SEC and FINRA has really made my week...... I dont know who is more crooked . the scammers on the pinks or the dam government
What sort of complaints did you make?
For their secrecy and non tranperancy in this case?
Against a broker who is holding funds ?
If it will help I will also.. provided it doesnt cost to much. I am not to well off.
If I was in Adam's shoes: First I would give the money back instead of risking a stiff sentence in prison. And I would proceed to go thru with the merger and offer a fair buyout.
I am sure he made a lot of money selling shares and I think he had the money for the dividends. He would be better off taking the proceeds from his share sales while playing like the buyout was being funded by his 7.63 million in cash his PR claimed he had. Maybe he can fade away and avoid persucution.
And on that subject....... Everyone knows about the Wolf Of Wall Street. Regardless of how cool and glamourous and repentent he is and was. he was still a crook. Possibly Adam worshipped at the same church so to speak. We need to stop glamorizing these types of crooks and make sure they do hard time in general population and not a while collar resort when they do go down.
CEO of Petrobras out of town until Nov 30 2015:
Found this on VALE newsite;
Petrobras Chairman Ferreira Taking Leave of Absence
DOW JONES & COMPANY, INC. 9:55 AM ET 9/14/2015
Symbol Last Price Change
VALE 4.95 -0.03 (-0.6%)
QUOTES AS OF 11:58:29 AM ET 09/14/2015
RIO DE JANEIRO—The chairman of Brazilian state-controlled oil company Petró leo Brasileiro SA, Murilo Ferreira, has taken a temporary leave of absence until Nov. 30, the company said Monday, without giving additional information.
But Mr. Ferreira isn't taking leave from mining giant Vale SA(VALE), where he serves as chief executive officer, a spokeswoman for that firm said. She added that Mr. Ferreira's absence from Petrobras is due to "personal reasons."
Deyvid Bacelar, another board member at Petrobras, said he wasn't informed of Mr. Ferreira's reason for taking the time off.
Widely seen as a competent executive, Mr. Ferreira was elected Petrobras chairman earlier this year during a shake- up by the Brazilian government in the wake of a massive corruption scandal.
From Fidelity website:
Thomson Reuters/Verus upgrades VANTAGE DRILLING COMPANY from HOLD to BUY.
BY Investars Analyst Actions - public
— 12:13 PM ET 09/07/2015
On September 7, 2015 Thomson Reuters/Verus upgraded VANTAGE DRILLING COMPANY ( VTG
Loading... Loading...
) from HOLD to BUY.
From another website dated 9-13-15"
http://www.americantradejournal.com/company-shares-of-vantage-drilling-company-nysemktvtg-drops-by-21-48/674412/
The company has a 52-week high of $1.78. The company has a market cap of $16 million and there are 311,024,000 shares in outstanding. The 52-week low of the share price is $0.05.
also from same article:
Currently the company Insiders own 4.1% of Vantage Drilling Company Company shares. Institutional Investors own 34.5% of Company shares. During last 3 month period, -25.82% of total institutional ownership has changed in the company shares.
Anyone know what this means? [the -25.82% change part?]
I also hold stock in CRGP... yes I admitted it.... I need the deduction :).
I think or rather hope that they will overcome this. I was worried about the Petrobras people for months now and was almost over that. The bastids!
I bet you they are mad because the Chinese fella whose mama owns some of the drill ship is not ratting out VTG. As the World Turns, So do the Days of our Lives.
Patience is the key here.
Silver bouncing all over the place and I feel the concern over the CEO wanting to quit has some worried. Wait and it will flip once again.
What will happen to shares then?
Has the corporate action request to FINRA been filed for a merger in this case?
Where can this be corporate action request to FINRA for a merger be confirmed?
At which point or at any point would there need to be a share holder vote over a possible merger?
The real question now is if the merger is legal. Will it happen and will a buyout be in store?
No one has received a notice of a pending merger vote. Maybe it is not required according to the company charter or by law?
Does the merger have to be approved by FINRA or SEC?
Also what is the latest on the court case? Last I heard was the company was served and its transfer agent but not Mr Adam. And the lawyers for the plainteff have been identified and are able to work in the Nevada court but no lawyers have shown up for CRGP [based on them not applying like the plaintiff's]... Maybe they are Neveda lawyers and do not have to qualify like COR's lawyers do?
It is all in intrepatation I guess.
I say that the regular quarterly dividend they offered was by legal definition a "special" one but they choose not to and were within their rights to call it a regular quarterly one. Question being if they were required to label it as such when all the meant to do was let shareholders know it was 1 of 4 for the year.
The other one being a "one-off" one was called special for that reason. Legal term or not. That was because it was a 1 time only.
That is the trouble here is we are not lawyers and therfore have not enough tools to get to the bottom of the issue. All we can do is have fun in the search for the truth. And above all we are not the judges in this case either :)
I am just appalled that if this case is the same players as the SRGE fraud that some heads need to roll in the FINRA/SEC office.
Calissio Announces Quarterly Cash and Stock Dividend
BY PR Newswire
— 9:03 AM ET 06/16/2015
LAS VEGAS, Jun. 16, 2015, /PRNewswire/ -- Calissio Resources Group Inc. ( CRGP
Loading... Loading...
) ("Calissio" or the "Company") announced today that its Board of Directors approved a quarterly cash and share dividend. Its first quarterly cash dividend of approximately USD$1.3 million, or USD$0.011 per common share of the Company (each a "Common Share"), payable on or about August 17, 2015 to the holders of the issued and outstanding Common Shares as of the close of business on June 30, 2015. The Board also approved a special stock dividend of 3% payable August 17, 2015 to shareholders of record at the close of business on June 30, 2015.
The company called the 3% "special"
The large one is "DEEMED SPECIAL" by FINRA / SEC definition.
Again I do not know if they are required to notify anyone as to the legal catagory or whatever of its dividends.
SO the SEC and FINRA gave credit to a company like CRGP when they advertise a dividend?
They let a company conduct business on their exchange and MAKE the brokers pay out the dividend funds before recieving the money from the companys?
Sounds sorta crummy and very bad business to me.
Or in this case did DTCC just make a mistake and doesnt want to acknowledge the mistake?
Either way CRGP has no business keeping those funds.
Superman does not exist. Or in this case, Mr ESP [with CRGP initials on his spandex outfit].
CRGP can be a scam but to think they manipulated this final leg is as silly as above :)
There were 2 announced dividends. One was for a set amount [0.011] and was regular divedend. The other was "special" advertised at 3% and as one time.
I do not think that a company has to announce it is giving a special dividend. The "special" dividend by company description was for one of 3%. The "special" one everyone seems to focus on due to the fact that it is over 25% of the value of the stock and deemed special by government rules. This has nothing to do with name or description given to this dividend by the company.
What happened to the 3% "special" dividend payout? Is it frozen or paid?
Here is a link as to just who DTCC really is:
ecclesia.org/forum/uploads/bondservant/BankingScam.pdf
It appears that it is no virginal naive company.
It seems to me that CRGP was not to blame for another company's paying of dividends or due bills as they had no access to that procedure in that company or access to the funds.
Now that I got the "bold" out of my system I will proceed.
CRGP is for sure at fault and guilty if they are holding these funds but to say they orchestrated this set of events would be to give them them almost God-like powers of telekinesis or some other form of miraculous ESP etc.
And if more brokers like Etrade were to have similar policys regarding dividend payouts then these funds would still be in CRGP accounts and therefore easily returned.
Just my thoughts
It looks pretty bad for the home team here. They also have another contract completing this quarter also.
I think that they will survive if they want to but will be because they totally leave the region and get contracts eleswhere and just wait for better times. The contracts will be pretty low judging the situation of the industry as a whole.
I really hate seeing this happen to this company. Has anyone checked to see if institutional ownership has dropped from its previous 30%? [ THIS FIGURE IS FROM A TIRED MEMORY SO CORRECT AWAY ! :)]
Is there deadline between merger and required buyout offer?
I can't remember where I read this but I am sure was from the lawyer PDF from link I posted here lately.
I think is 10 bussiness days which would put announcement here any day.
Hasnt been a very exciting week or eventful for that matter in the house of CRGP but time marchs on.
This may be true but they are offering one now for 5 .03 billion shares to fund this new wine and licker deal :)
http://www.otcmarkets.com/financialReportViewer?symbol=SREH&id=144404
First day here and all i see are well wishers.....
Sign on the door said low O/S but according to the latest report from this company they can now issue over 5 billion shares.
http://www.otcmarkets.com/financialReportViewer?symbol=SREH&id=144404
The Corporation is authorized to issue a total of Five Billion Thirty Million
(5,030,000,000) shares of its stock consisting of Five Billion (5,000,000,000) shares of common
stock and Thirty Million (30,000,000) shares of Preferred Stock, of which the Preferred A and
Preferred B have been designated with the rights and preference on file with the Division of
Corporation.
Any guarentees that float wont rise from company?
Amarium Tech Inc was the company that sold CRGP the mine.
Adam was CEO there as well. They bought this property from Minerales Consolidados S.A which is at website :
http://www.bloomberg.com/profiles/companies/0773091D:MM-minerales-consolidados-sa-de-cv
and from there :
http://www.grupogatre.com/
This is an active company selling products BUT in the lumber and wood business. It is a mexican company and I can't tell how to contact them for information on the mine due to language problem.
If CRGP was trading on other than grey or pink sheets and thru the SEC , would the mine property be investigated and verified as accurate. Many here seem to think now that all mining stocks are frauds is reason I am asking.
True about the cartel problems.. One mine totally verified has had to stop mining due to workers being kidnapped for one reason or the other. Talk about our labor union problems LOL
Dammit already! Now i feel all dum again grrrrrrrr
Good mining link and it is a government site. .gob [gobierno] is like our .gov [government]
Soo on that note there is a mine in production. I dont feel so dum now as a whole government also thinks there is a mine :)
True it was concession at time of mapping. Which would mean that it is 2 or more years old. Interesting.
I contacted them just now at the site and it is funny that Aruminium is still listed tho no info available and CRGP is not.
Anyone know how to read and write in spanish could contact the Secretaria de Economia and ask for information on the lease:
Name Jovita
Title 237197
File No. 054/08490
If a hundred people threw in a 1$ each we could probably get someone who lives there to drive by location of mine and get some pics.. ANyone know of any facebook freinds in the area>>>????
There is a Jovita mine,
FOR THE NO MINE EXISTS PEOPLE PLEASE DO NOT THINK THIS IS A LIVE PHOTO...... SHEESHH
http://mx1.mexicominingcenter.com/gis/main.php
Go to this page click the first 4 boxes on black box and look south of Acatan and west of San Deigo.
Jovita (Calissio Resources Group Inc.)
Name Jovita
Title 237197
File No. 054/08490
Original Owner Jovita Boteyo Ayala
Actual Owner Jovita Boteyo Ayala
Area 250.0000 Ha.
I havent found any info of Miss Ayala or any info on lease or file number but i cant read spanish .
Was the lawsuit settled?
Another debt to equity person like the one mentioned in the lawsuit most likely is now majority holder I was suggesting.
Do they legally have to have the shareholder notice sent out if they knew these debt to equity owners did indeed own enough shares to force merger thru?
With the newly allowed 3.4 billion shares issued and still in the hands of the company at the time of the halt and the little trading since, I am sure the company knows it holds the vast majority of stock and simply voted it in. Unless there is rule otherwise they did a fine job of hijacking everyone