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any news on the custodianship?
That's odd, why would anyone put one penny into this thing at this point?
Maybe someone should call the district court that granted the custodianship and see exactly what is going on?
Why is nothing going on here. We are literally 4 days away from the custodian hearing. I thought we might see more action by now.
Any idea how long it typically takes them to reassign and give a date?
Thanks, I will keep checking and I am sure others will as well.
any update on this yet?
Would you care to translate your charts for those of us who aren't chart reading experts? LOL. Is there a crystal ball hidden in there somewhere?
Not much action today.
Thanks for that. Hopefully our good week continues.
1000 fold? I don't see that happening. I would be happy with 100 fold to be honest. I sure hope the potential custodian has checked things out and that it gets granted. But hey, anything has to be an improvement from where this dog is now.
Like BJ 106, I'm another one of those long term investors in CCLX. So I have a question for those of you on this board that know something about this custodianship stuff. When the custodians go before the judge, in March, do they have to say what they are going to do with the shell. Or not? What plays into the decision of whether or not they are actually granted the custodianship,or not. At one point this stock hovered between 0.25 and 0.50. I kid you not. So what do you think might be the "bump up" for this play, given where it is sitting now. As far as I can tell, the prospective custodians don't have anything else going on, and they are IPO/reverse merger specialists. Supposedly. So maybe not in the custodianship business but have an actual IPO/RM in mind? What do you think?
Interesting how there is radio silence from anyone connected with this company.
Skinny, there has been no news from this company in months, the stock is doing nothing, and there are material changes which are not being reported as required. No shareholder's meeting as required despite the fact that the majority of stock is publicly held. What is going on? Shareholders are not happy. What do you have to say.
What are you talking about? Can you post a link.
I have left numerous messages. The so called head of investor relations is possibly the worst head of investor relations on the face of the planet. He does not return calls.
Here is the deal. They have made a material change in the direction of the company, a majority of shares are in the public domain, and have been for over a year...and yet they have not had a shareholders meeting as required by the company's own bylaws. I'm tempted to file a regulatory complaint. Or maybe collectively we should file a class action suit, as this is looking more and more like a stock trade/fraudulent scam.
Where is all the volume today? The lack of consistency makes me very suspicious. Is this stock being manipulated? If so, to what end.
Wow, Skinny, long time no hear from...thought maybe you had left us after Mr. Steinke yelled at you.
How can they be cashing out.....don't they have restricted shares?
Maybe you can also raise the following complaint. The majority of the stock is now held in the public domain. This company has yet to hold a shareholders meeting since this happened, with the resignation of the former CTO Bayliss. And there has been a material change in the direction of the company. No one knows what is going on. Raises LOTS of issues with respect to competency and ethics.
We are coming up on one year since Mark Bayliss' resignation was officially recognized by this company. Why has there been no annual shareholders meeting that we have been notified about given that the majority of this stock is publicly held and especially in light of all of these material changes to the core of the company's business? Anyone want to take a guess at that one?
Apparently not low enough to convince this incompetent management team that they need to get in touch with shareholders via a responsible platform and issue some sort of clarification to the nonsense displayed last week. Hey, how about a shareholder's meeting? What a novel concept.
Why the heck should they receive one penny let alone 1.4 Million? Destroying a perfectly good initial business plan by their inept inaction, resulting in the resignation of the primary technical skilled person in the company, wasting another year doing nothing, running up debt, destroying the stock price. I wish I could be paid 1.4 million dollars for such gross incompetence. This management team is a complete joke. And as one other person posted, the head of I/R is about as unprofessional as it gets.
Hey there Common Cents, When you were negotiating with this management team and consultant for your "deal", what exactly did you think you were negotiating with? A cable tv/cord cutting company or a cryptocurrency mining company? Just curious...can you enlighten us?
Mr.Steinke, since you have chosen to expose yourself on this board, instead of criticizing moderators or anyone else posting, why don't YOU do your job and communicate with shareholders in a responsible and compliant manner. A material change in the direction of this company has occurred. There has been no shareholders meeting, letter to shareholders, change on website, notice to shareholders via closed website access or any other action that could pass for reasonable and responsible communication with shareholders consistent with the title you hold.
So to the point that was made about including something in a filing without a concomitant press release, the filings are matters of public record. Surely the company would know that this would come out, especially on the board with lots of disgruntled shareholders, would they not? I hear what you are saying but can you address when we might have official notification from management and if they planning to conduct a shareholders meeting to discuss this 180 degree shift in business plan?
I was going to ask the exact same thing.
While I am sure all of us are happy to see even some relief in the dismal share price, and the volume is encouraging, can these people please hire a professional public relations team/person to help them. This news is rolled out in a financial filing, the website reflects the old business, and there is no accompanying, coordinated public relations campaign. It looks amateurish. Especially if they are switching horses in mid stream. It does not bode well for the future if they don't put some professional pieces around them. Believe me, I am all for this company succeeding as I am probably holding some of the most expensive stock on this board....but seriously. It is not that hard to do things correctly.
Skinny, instead of blaming shareholders, who have invested hard earned money in this company, for "whining and crying" as you put it, why not tell Mr. Steinke to do his job as head of Investor Relations AND answer/return phone calls or emails and provide an "official update" to shareholders about what is going on. And as for helping the Public Market side, we are all still awaiting the long lost "press release" that had been supposedly sent in weeks ago. The best way to help shore up the Public Market is not for shareholders with no knowledge of this company's status to go on some "rah rah campaign", but for SEC recognized management to communicate. Period.
As for questions about my plans and previous posts, posed by other shareholders, I am working on things. Taking a bit longer than originally planned. Rest assured I am looking out for the interests of investors on this board.
Why would they want to buy it. There is nothing, the management team is incompetent or worse, and zero news. But they will be held accountable. And if they don't want to provide an update voluntarily, then they are going to have to spend money they don't have to do so by involuntary means and answer to an agenda set by us, not them. At the appropriate time I will be setting up a private message account where i can communicate with shareholders who are sick of being jerked around directly as to what I will need from them to finalize things. But rest assured, this will go forward even with the shareholders I have already communicated with.
Because it takes a bit of time to get things organized that is the only reason.
This company has exactly till the end of this month to share information, voluntarily, with shareholders by approved legal and SEC compliant means or they will be forced to do so by means which are known, and are available, to shareholders. I'm done with this incompetent and unethical management team and its insiders. And if someone who is reading this thinks that this cannot be done, think again.
So what happened to your "deal". Can you provide any additional insight?
Webster's definition of "imminent": about to happen; impending. Skinny, you have said this many times. And then nothing has happened. Can you indicate to Mr. Steinke and Mr. Domich that they should do their jobs and communicate directly with shareholders by usual means that most companies use, a shareholder's meeting, a closed posting on the website for investors only, etc, and not have you in the position of communicating with shareholders? They don't communicate, by email, by phone etc....even if to say simply, we are working on things. It is unacceptable and I hope whatever deal, if any, is in the works, that these two are no longer in any responsible or leadership role in this company as they have shown no propensity to responsibly communicate with some of the people who have kept this company going for a period of years now.
You would think that either Common Cents or Skinny would be responding to these various comments and requests, especially after all of the unwarranted hype regarding so called news and deals. One can only assume that the amount of anger about intent and motivations may have resulted in the "cloak of silence." The PR capacity of this company warrants an "F" IMHO.
Interesting how all of the cheerleaders seem to have disappeared, isn't it?
So???? What is going on with your "deal." Both you and Skinny seem to have gone remarkably quiet.
LOL, except that it is not funny...nothing from Skinny, Common Cents.
Where are have all the people gone who were chatting away about news and deals last week? Boo is correct!