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CRWV is the classic P&D. High volume and the pps plummets down 90% while the major dumping occurs. Then it settles down, lower volume and one will get little promotional want-a-be and mini P&D such as CRWV has had in about the last week.
Hype came about that more hype was going to come about and now the pps is down again mostly sub-penny about where it started (even though there are attempts to manipulate the open and close prices, the bulk of the shares are going lower). I can almost hear the snickering and laughter from some back room of the CRWV virtual office as some paid CRWV paid promoter bellows out "suckers" on that one.
But from this pps position, there might come another little hype, maybe from some ridiculous smelter results, maybe more property with another gazillion dollars of gold, hype of more hype about more hype, who knows. More than likely as the last 7 trading days mini P&D was no where near the big P&D, the next little mini spike will not be as good.
All promotion is for volume and to have liquidity, that harder and harder to find volume is diminishing. Low liquidity or low volume is not a good thing.
Doesn't matter, CRWV still shows the chart of practically every P&D out there. It's not uncommon for the pps to simmer around before the next ledge is fell off of, pretty much expected.
The pps already did over 90% drop in a very short time, the last 8-10% has it's process, but it too will go to trip zero's. Hang around a penny or under for a bit, get some fluff and little spikes going now and then, but generally it will sink, they all do.
Interesting 40 minute video version of Steve Jobs on CNBC Titans air date 6/23/11.
http://www.hulu.com/watch/286110/cnbc-titans-steve-jobs
Good catch there 1manband. CRWV really should have at least got a smarter high school student for their "cut and paste" bs.
I'm sure the SEC would be interested in any connections to Pearl Asian Mining, thats for sure. At the very least CRWV is not just plagiarizing their financial statements, but also seems like they are copying Pearl Asian Mining Industries (ZNXT) previous activities.
SEC SUES ZNEXT MINING AND ITS PRINCIPAL FOR FRAUD AND REGISTRATION VIOLATIONS
http://sec.gov/litigation/litreleases/2009/lr21084.htm
SEC CHARGES PENNY STOCK COMPANY AND CANADIAN CITIZEN WITH ILLEGAL STOCK DISTRIBUTION THROUGH CORPORATE SPINOFFS
http://www.sec.gov/litigation/litreleases/2009/lr21083.htm
That didn't address at all the issues or factors that I brought up. Nor will it be sufficient to qualm any protest. How much interest does the loan industry make, on ones home, business, personal? Is it comparable and what were and are the continued bureaucratic costs of "bailing out" the financial system? What exactly are the expense to income numbers? The fact is that the numbers are still coming in and the bottom line "interest" isn't fully even known. More profitable for who?
The biggest problem is that the masses may be just too fed up at this point when they reach into their pockets and no "interest" comes out, hand is empty. When usually they are thinking about going to work the next day they can't. At the grocery store, the gas station, it's turning into how much "interest" is in buying things.
Many see how easy it was for the financial system or large business to receive that loan, yet they can't buy, sell, or keep a home. It becomes a very mute point in the daily lives of majority about your statement when it's a struggle to just survive and a realization that the monetary system (especially their personal monetary system) has some big problems.
I'm not arguing right or wrong on any protest yet, just bringing up some real issues when the discontented turn into a majority, and "we the people" want something different that is being passed to them. I personally believe that some real change (not just some political hyperbole) is needed. We as a society are on a verge of cliff, and history has taught us that if the majority is put down in a bottom of a ditch and discarded, some sort of massive movement is going to come clawing out of it with anger and frustration.
And good or bad, some change will be initiated.
Of course she didn't discuss what kind of money the banks made on the taxpayers dollars (one school of thought is that the banks shouldn't have made any at all but only allowed to "break even" and survive). But what were the true numbers? How much cost to that "money made" by the taxpayers went to bureaucracy? The fact is that in reality the "bailing out" has not ended. Banks are still defaulting, money is going into legal battles that is coming directly or indirectly from the taxpayers. How can any final "profits" really be calculated for the claims by Ms Burnett?
People may be un-informed, in fact the system likes it that way and encourages it (many times by mis-informing). But maybe that is what this protest is about at this point, just more awareness to the problems that the broken financial and monetary system has created.
When you have high unemployment, more and more people consistently going to a poverty level, no real direction given from the political system other than the same old bs, and a rich and poor gap that is getting larger by the day, something going to give.
The masses are going to strike out at whatever gets in their target sight. They may not know exactly what they are striking at, they just know that they are tired, hungry, neglected, and just fed up with no real means to change those feelings.
Unlike the 60's protest where the public could direct their attention to main causes such as civil rights, the draft, war, these times are much more complex and a lot harder to pin down to one or a few particular causes. But like the 60's protests, it could be possible to create real change and like the civil rights and war movement it only started by a few young students and moved on to including every walk of life and age.
Where this one will go, have to wait and see, but unless the "system" creates a better life for the majority, instill the "American Dream" (whatever that means to one) again, it won't be the last. Human nature is one of the most powerful forces on the planet.
Another article with unions, teachers, and others joining the "movement".
Unions endorse, will join Occupy Wall Street protests
http://www.cnn.com/2011/10/05/politics/occupy-wall-street/
Also articles like this one is going to come about, even though maybe a good thing that banks give some more to help out the taxpayers costs, will be looked at with disdain and solidify protesters.
JP Morgan Funded NYPD Mass Arrests Over 700 Peaceful Occupy Wall Street Protesters
http://www.prisonplanet.com/jp-morgan-funded-nypd-mass-arrests-over-700-peaceful-occupy-wall-street-protesters.html
There is no big deal on any so called smelting results. CRWV can send anything to the smelter, so what, thats not proof of anything. Without verifiable legal and reputable third party reports and confirmation of where and what specifically that sample(s) came from it's of no use other than fodder for more P&D and for ones who only want to do "DD" from PR's and promoters.
There needs to "proof" that CRWV is not a scam, not the other way round.
Proof that the company is not just one of multiple gold scams out there and that their exuberant and highly suspicious PR's are not just a bunch of bs, needs to come from other reputable and verifiable sources, not statements by fluff PR's and promoters of CRWV. Fluff PR's and statements from a highly promoted P&D stock are not proof.
Address given that is not on record with the county tax assessor or postal service is not proof that they are legit. Virtual phone numbers that just are attached to virtual office services are not proof of anything positive. Obvious cut and paste with different fonts and contain statements that are obviously not true in financials and are contradicting at best are not proof that CRWV is on the right path.
When one sees millions of shares dumped and the price plummets down 90% within a couple of weeks is pretty good proof its just a P&D. Then when after the initial dumping is over, some hype comes about that there will be more hype and pumping for more volume and more dumping and creates another mini p&d, is more proof that things are not so positive.
Waiting for smelting results? Thats one big joke in itself.
Here's some interesting points:
Yea, CEO's never lie and those pump PR's from "news wire services" are always true. NOT.
All one gets from those so called sources are "trust us, don't look for verified data or truth about us, we can't dump shares that way" and "you want audited financials and no cut and paste copied from elsewhere. Forget about it, that’s not needed, trust us, we’ll hide any inconvenient truth". LOL
And then of course when one asks for verifiable data from a trusted legal source such as real mineral reports, etc, one only gets utter silence, phony addresses, and cheap virtual phone numbers. Of course none of that matters, for CRWV only really relies on people who don’t care about “any other sources”.
Why Occupy Wall Street is More than Just a Protest
Occupy Wall Street protesters work on laptops in Zuccotti Park in New York October 1, 2011.
As Occupy Wall Street enters its third week, some observers might argue that the movement remains feckless. Detractors, both sympathetic and otherwise, continue to argue that the movement lacks a coherent vision for change.
Despite swelling crowds and alarming numbers of protesters arrested by NYPD officers, the protests have still failed to materialize into something with clear, precise aims.
Then again, perhaps clear aims and a coherent vision for change aren’t really the point. As Ned Resnikoff explains, sometimes simply claiming a space can be revolutionary. The Occupy Wall Street movement is “something entirely different and much more important” than merely a protest, Resnikoff writes. It is a “public, counter-establishment communal space.”
“By a communal space, I mean a physical area where members of a community can interact with one another freely and fulfill some kind of common social aim. Examples include churches, union halls, and various kinds of social clubs. These spaces are the soil from which successful movements grow: not only do they mobilize people around a shared set of values, but they also make them available for action predicated on those values. That is why the support of black churches proved indispensable to the civil rights movement. It is also why Chicago’s radical left was able to so effectively organize in the late nineteenth century: socialists and anarchists constructed a vast network of communal spaces, from Socialist Sunday Schools to so-called red saloons. Sure, Chicago leftists organized speeches and protests; but they also organized informal social gatherings, and even dances.
Modern communal spaces have either been co-opted by establishment forces or decimated. Fewer workers in labor unions, to name one important example, means fewer workers talking to one another at the union hall. Plus, outside of the workplace, more and more Americans are bowling alone. Fewer of us attend religious services, and the core that do are more likely to be politically conservative. In place of the old communities these spaces held together, we have autonomous, atomistic individuals. Those needs that used to be met through communal activities — needs like entertainment and spiritual fulfillment — are now more often met through solitary rituals of consumption.
Ned goes on to argue that online activism has been a disappointment, by and large, failing to generate dissent and serving rather as an amplification of protest. The Occupy Wall Street movement, on the other hand, is something of a hybrid of online and real, physical-space dissent. Counter-establishment communal spaces, he writes, “are so thoroughly marginalized that even instituting one has become a radical act.”
Like Resnikoff, I think that even just organizing and maintaining these protests is worthy of praise. The manifestation of #OccupyWallStreet as more than just a hashtag is a real achievement. From incoherence comes relevancy, however messy or disorganized that process may be.
But I also think that in order for this communal space to become something more, to really achieve movement status, the activists will need to establish more than just a permanent outpost. Somehow these activists need to translate the protests and the communal spaces into actual institutions.
Furthermore, the real import of these protests is not the protests themselves but the deep need for solutions outside of the political duopoly and the realm of government. Unions used to be a real bastion of political activism. Now that unions are on the decline, there are few populist outlets remaining. For regular people to have a voice, they need strength in numbers.
The Tea Party understands this all too well. Until recently however, the left had forgotten the importance of solidarity.
Perhaps Wisconsin should be seen as a precursor to Occupy Wall Street, and perhaps Occupy Wall Street is only the beginning. Progressives need to keep looking to civil society to affect change. They need to rebuild the crumbled institutions of the left.
http://www.forbes.com/sites/erikkain/2011/10/03/why-occupy-wall-street-is-more-than-just-a-protest/
The CRWV shell was worth more in pps for the share selling. Could come out of nowhere such as it did and pump from a newer base and get a lot more for the millions of shares dumped. OVWI had already burnt bridges and money and was pretty sour and NO BID or minimal volume at low trips. CRWV was a much better candidate for the P&D. But it will eventually get to the same point as OVWI. It's got a good start at it.
Looking to the banking debacle how about 1/100,000
ACAH (was then anyways)
http://www.reuters.com/article/2009/07/13/idUS188053+13-Jul-2009+BW20090713
But one really has to start adding up ALL the R/S that a company might do and the numbers start to be quite overwhelming and the root of one big problem of the shell share selling business.
Examples of 1/5 Billion comes about.
MCAD (then GBLW)
"1 for 100 Reverse Split on 11/20/06
Now you have 50 Million (50,000,000) shares.
1 for 100 Reverse Split on 05/11/07
Now you have 500 THOUSAND (500,000) shares.
1 for 500 Reverse Split on 08/20/09
Now you have 1 THOUSAND (1,000) shares.
1 for 1000 Reverse Split on 03/17/11
Now you have ONE (1) share.
5,000,000,000 shares of this stock in November 2006 = 1 share today."
http://www.otcmarkets.com/stock/MCDA/company-info
Or even worse
http://www.otcmarkets.com/stock/NYMH/company-info
ARTS did a 1/24,000 about a month before that.
May 2, 2011 is a pretty worthless number for current OS and Float. About as inaccurate as it can get and completely misleading numbers.
About as good as a old chart showing a CBYI mini p&d.
Worth a watch. Seems like the "list" is being updated about every two weeks on the DTCC website.
DTC Issues Explained!
The one link of Mikey's is probably the best of the ones you gave. He has a newer one specifically mentioning the other groups you linked to. This one is well worth the watch and paid attention to.
It seems like the "list" of "CUSIP’s to be exited from CNS and future trades designated trade for trade" from the DTCC website is being updated about every two weeks on that site. And I'm sure brokers know what’s coming more than anyone (even though they may not tell you). Around Oct 15th (14th or 17th?), a new list should be coming. Possible MDGC is being added and brokers know it.
Also could be some other factors mentioned in the video, but no matter it is not a positive when problems arise with trading any certain stock. Just a warning bell is all it is and just adds it to all the other MGDC bells going off and has been going off. Can ignore and hope or pay attention, everyone's choice.
Anyway here's Mikey's newest video on the subject and does give something to talk to one's broker about when inquiring about trading MDGC.
DTC Issues Explained!
Those "chat gnat nuisances" are the bread and butter of a penny scam company. Since that line of media is pretty much the heart of the CRWV stock income, most of the focus is directed to those "nuisances". Not really a matter of "bugs", just the whole "butt", without it, CRWV is and has nothing.
That "luxury" is getting pretty cheap. This company offers a Beverly Hills number that will direct it to one's wife, girlfriend, hired help in the bedroom, car, anywhere for $19.95 with two months free when pay for 10 months.
http://www.americanvoicemail.com/virtualoffice_beverly_hills.html
Of course any "company" or stock scam can step it up a bit and get a live receptionist for under a $100
http://www.davincisuites.com/virtual
And if CRWV wants to go to the real deluxe "luxury" method and not even need to give out phony addresses and mail drops the way they are doing, they can spend a few hundred bucks and even get a place to have "access to our business lounges that offer gourmet coffee and teas"
http://www.virtualofficecenters.com/locations/california/los-angeles-county/virtual-offices-beverly-hills/?gclid=CNmXq5jOyqsCFQx3gwodU0KO0Q
CRWV is opting for the $19.95 special. LOL
Of course the right thing to do would be not to go into the dark alleys at all, but that is probably asking too much.
It always amazes me how many in the stock trading world, especially the pink scam stock world like CRWV that do not understand the simplest of math concepts and usually found in the same group that want to believe in the abundant facades of misconceived and irresponsible misrepresented stories of “shorters”.
From the otcbb official site http://otcbb.com/asp/OTCE_Short_Interest.asp the explanation is given for the Bi-Monthly data along with the ability to get any certain period for the short interest data (just plug in the ticker symbol where required and choose period date).
For ones who don’t like simple math and want to look at a picture, this may give a better representation of the concept for CRWV September 15th Short Interest Data
The very minute few who do short (ones who are able to get shares to short and who are not hindered by the extreme cost to do so) do not have the effect so erroneously given by misinformed posts on the subject.
Additionally, the percent increase of the amount of shorts from the last period (August 31st) is of no surprise either. If one looks at the time span of that and compares it to the same time span of charts and promotions (fluff “news”, promotional email, STOCK MOMO groups with one line pump tactics, etc) one can easily see that the minute few who will make up the short interest have a 99%+ odds of the scam diving in pps. Pretty much a non issue.
Still won’t be enough, due to such a small percentage of the whole, to have anything close to the bs found about “shorts” on the CRWV or other pinky scam boards.
From Wikipedia -- "Perfect Storm (noun): a critical or disastrous situation created by a powerful concurrence of factors."
"...... to hit at a region’s most vulnerable area, resulting in the worst possible damage"
More pain for more people that blindly follow but;
"Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved." -- Helen Keller
Thats strange math. One might want to recheck it.
The number given on the bi-monthly short interest is the total in the period and the volume is daily average.
Quick look it would be over a third of a Billion shares traded with only total short of about 7.7 Million over the period.
Far cry from 20%, and exact numbers could be calculated, but I don't believe it would be more than a couple percent.
Definitely not enough to even put a dent in the cause of the CRWV fiasco. That cause is elsewhere -- like one big scam dumpathon.
Well statements of "how well the pps is holding" must be coming. Down less than 10% for the 7th trading day in a row is a "good thing".
Ahh, those were the good old days, 7 trading days ago.
7 trading days ago it was being hyped and exclaimed how it was a great day and "bottom" was in with a less than a 10% green day (one of the very few in this pps cliff jumping).
7 trading days ago pps over twice what it is now.
Now reduced to hype on how well it is holding with less than 10% red day. Grabbing at any hope, hype on more hype coming is even in play.
Still no bottom in sight, trend still going south with the only hope for more paid promotion with more shares to dump.
They were one of the great hypes on ticker change at some point in the past I believe. Just another example of how great a "ticker change" "name change" pump can be. Quite a few common hype statements in this post for a little review of what not to fall for. Of course now a NO BID "new" ticker.
Closed down for the 6th day in a row, holding up real well. Doing great on the hype about more hype. Only in the twilight zone and fantasy pinky world. LOL
Since 99%+ of all P&D pinks that looked dubious never turn out to be real and overall P&D stocks like CRWV only end up at the bottom of the pps pile, one will be hard pressed to find many "amazing" examples.
But what one always finds on P&D stocks like CRWV is the ridiculous notion of the almighty "bashing for cheapies" bs that gets touted for or by the naive and inexperienced. In reality and overwhelmingly the "pumping for selling" tactics are more prevalent. Fact, not opinion.
But I guess anyone can categorize any CRWV lessons "special".
I can just see it now, the next CRWV PR will be about a LOI with a Promo or MOMO group regarding a contract to pump about the next pump of about pumping CRWV. LOL
All the "talk" is the pump. LOL It's so much a given now that in fact CRWV is just a pump and dump that any pump is just talking about more pump. About the same as all the hype of "bouncing" or "bottom" that has been generally nothing but failures. The "talk" has to center about pumping again and statements like "well it went this far on the last pump, it will do it again".
No it won't, it won't work like that. Burned way too many, and a lot of money just is too sour. Only looking for the last of the remaining fish that are flopping around to try to get excited that there may be some water to flip into. The best is a little aftershock with minimal success, but mostly will just flop into more mud than water.
If any more dirty CRWV pumping happens, it is only because there will be more shares dumped and continuance of the obvious downtrend. Just because there are a few breathers here or there and "talk" of another pump does not indicate or secure any real "bounce" to expect.
That's the way to work on that DTC problem. LOL Got to be a good last spin from the low life promoter/promotional site for that one. Just Burton "turning around" the company some more? LOL
This board also has some good DD, including specifically about EMXC and National Stock Transfer (EMXC is one of their main clients). Can get some good DD and info on many stocks if asked and put in a search for the specific subject or stock.
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=19670&srchyr=2011&SearchStr=emxc
DD Support Board and Fraud Research Team
Not trying to take anything away from this board or it's purpose, but just an additional option of paying attention to one's "Money" besides just going to any particular stock message board.
Was wondering what connection(s) the "LLC" was with the "Inc."
The RRC has them listed as Energy 2000, Inc located in Nevada. The only listing under SOS Nevada is Energy 2000, LLC and permanently revoked.
Connections to scams from the different state's security actions also list them as "Inc", but It seems like those actions are all after the revocation of the LLC in Nevada.
Haven't done too much looking into them, other than according to the RRC of Texas, they shouldn't be doing drilling or operations on a site. Maybe where Tejones and Gouger(s) come in since they have a current P-5 (albeit questionable practices with all the failures and delinquencies of their reports and practices) , not sure at this point.
Also if one has the capabilities (capability should be able to go out 6-7 digits), may be able to locate by lat and long while in the area. One can go to the RRC GIS viewer and get the coordinates.
http://gis2.rrc.state.tx.us/public/startit.htm?api=29734985
By searching by Wellbore API Number 297-34985 and selecting under "Map Tools" "Identify Wells" and then clicking the mouse pointer exactly on the API number on the map it will bring up the coordinates.
Of course it is stated that it is "operator reported location", so it may be a little off, but still the county roads, etc can be confirmed also by MapQuest, google satellite, etc with zoom and pan features of whatever map one is using at the time.
Actually Gouger had a permit already on this property several years before this permit. That permit expired, so it seems it is only a date of expiration and can just apply for a new permit after expiration of the date.
http://webapps.rrc.state.tx.us/DP/drillDownQueryAction.do?fromPublicQuery=Y&name=SANGER%2BHEIRS&univDocNo=485408367
One can link to the GIS viewer and zoom in or out for county roads and location of site.
Link for info on Sanger Heirs #1
http://webapps.rrc.state.tx.us/DP/drillDownQueryAction.do?fromPublicQuery=Y&name=SANGER%2BHEIRS&univDocNo=486479312
Tejones Operating corp P-5 #841338
Permit Status# 711831
API # 297-34985
"Energy 2000" for #2 is a problem. They have been linked to multiple "working interest" scams in several states. That operator (operator #251740)
"is subject to a final and unappealable Commission order or judgment which has not been satisfied. Pursuant to Tex. Nat. Res. Code §91.114, the Commission is prohibited from accepting a P-5 Organization Report filing, approving any permits, or issuing any P-4 Certificates of Compliance for an operator with an unsatisfied order/judgment of this type."
http://webapps2.rrc.state.tx.us/EWA/organizationQueryAction.do
Friday is a good as blame as any. LOL
We had a 42 on Monday before the little trading session up to around 6. This still has a chance of being the bottom around here and could turn. Same chance of it really getting into the lows down in the 3's or worse. Flip a coin.
Not really going to do much I don't think for a bit. Most are either traded out, bought back in, and/or just waiting for more direction from the company. Maybe another little small run before it really goes in one direction or the other.
As good of possibilities as anything else around. Getting harder to find a good group of plays, investments, etc. The whole pinky market is going through a transformation, going to take time for that. The big boys aren't doing the greatest either. You have big trucking companies acting like little rinse and repeat pinks.
If the company can come up with a good plan of attack, keep their funding, usage of cash, continue to be a reporting company, it has a chance.
Still going to have to muster up some good sentiment of SNGX in the market and lack of it can crush it. Hard to call exactly and just have to wait it out.
I'm always hearing about the concept of "written off investments", stated several times about CRWV, but usually the statements are when there is still some money left (albeit a small percentage).
There actually is better plays out there, getting harder to find, but still easier than sticking with a dead horse.
There's no need to give the last .0001 of penny to the crooks. The tax write off won't vary that much and one can pick up the write off by giving to a greater cause.
Cancer research, children's orphanage, homeless, even giving the last dollar to the IAOPCC is better. But allowing the last hope and prayer to remain with the ones who have taken the first 90% like this company, "thats just wrong".
Bid walls fall more times and faster than the "bottom" calls are made.
This month alone just on this site alone at least 100 instances of "bottom calls" like:
9/1 H .0394 Close .028
"I told quite a few that this could be a good rebound bottom play"
"Double bottom for the day and holding strong. Up from here, watch"
9/8 H .034 Close .0255
"Getting in at a bottom...."
"The bottom is in. May float between .028 and .034 for a couple more days"
9/13 Close .0205
"I'm a bottom dweller what can I say. In at .022. If we see .02 I'll buy 50% more."
9/14 Close .0155
"I predict bottom 0.012"
Today 9/22 Low of .0102 Close .0115
There is no bottom in sight!
I don't want to get into some debate on "shorts" or anything or have whats his name show up to do some plug, but one needs to check with the bi-monthly short interest data and to take daily short interest with one big grain of salt. If this stock goes down, in all probability it won't be due to the "shorts". Some good posts off hand on the subject.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49600596
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54296242
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65735084
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64765818
In reality it is very expensive, very risky, not for most retail, and only a minute portion of what is so portrayed around the pennies.
According to the Aug 31st bi-monthly on SNGX there was a short interest of 321,188 with an average daily volume 265,731 for the period. There may be a bit more for the 15th when it gets reported, have to wait and see.
http://otcbb.com/asp/OTCE_Short_Interest.asp
What we have here is closer to a vacant company in a vacant building. LOL
Nothing funny, several of us were discussing it when they first changed it from being the same as the other address of the other NO BID stock of Petersons. Nothing surprising for this scam or any other P&D pinky, thats the norm for this type of stock and just one of way too many red flags.
I stated that CRWV's address is not E. Charleston, it's not.