is...doing as little as possible
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And you know all of this how?
If the SEC is waiting on paperwork from CRGP, since CRGP is not a filer with the SEC, maybe the company is trying to re-register with the SEC and that is the extraordinary event relating to the U3 halt. The company did say they intended to uplist but to do so they have to become SEC registered and reporting again.
Etrade told several shareholders they had received the money for the divi on Monday. Their excuse for the delay in paying the divi was that they were waiting for all the due-bills to catch up so they would know who to pay the divi to. According to etrade it was NOT a matter of not having the money to pay the full divi.
I received the 3% stock divi via Ameritrade on the Ex date. It is restricted and does not have CRGP listed as the stock symbol in my Positions list. In fact the name and stock symbol are blank. However if I look at my transactions it does appear there.
I received a stock divi for restricted shares via Ameritrade.
The mine is not in full production yet so there is very little see from Google earth. It is primarily explorations at this point.
Excellent find!!
Cripes, my mind is going. I meant the O/S. I've been typing A/S all day instead of O/S.
Yeah, I'm still scratching my head on that one.
I agree, it is a material event.
For god's sake, YES I disagree with the company.
Focus Janice, FOCUS! Can you do simple math? What did the quarterly report indicate was the A/S as of June 30th? What did the Considerations report state as the amount of shares owned by the principal owner as of June 30th? Now divide the principle owners shares by the A/S and what do you get. YOU tell me.
So what if he was paid the dividend on ALL of his shares? That has absolutely nothing to do with the issue of what percentage of the company he owned on June 30th.
Why not dump at .10, $1, or a $100!? Maybe, just maybe, they didn't think it would hit 5 cents a share anytime in the next month or 6 and when it hit 1 cent they figured they had hit the top and started dumping.
Yes Janice, I realize that is what the document states but it is a mathematical impossibility if the A/S on June 30, 2015 was 129,460,000, as was stated in the Quarterly report, and the owner had 102 million.
102/129 = 0.7906976744186047 or 79%. So either the A/S reported is wrong, the number of shares the owner had is wrong, or the percentage they reported is wrong. Take your pick sweetie.
129,460,000 were issued and outstanding, not 119,460,000, unless I missed a figure elsewhere.
It makes lots of sense if you are selling into the buying frenzy. The divi simply wet the wick, so to speak. Once the buying frenzy began they could have sold hundreds of millions of shares at relatively high prices. If they sold 300,000,000 today (just as an example) at .0085, they would have brought in 2,550,000 in cash to the company. Much more than the divi cost them. Add to that everything from last week and they would have gotten some nice pocket change.
On June 30, 2015 there was a total of 129,460,000 issued and outstanding giving them 79% ownership of the company, not the 90% Janice indicated. This left a measley 27,460,000 shares available to trade which is a ridiculously small number when you look at the volume over the last week. That means that either the principal owner was dumping shares this past week or CRGP was.
On August 13th CRGP stated that 242,823,237 shares were currently issued & outstanding which means the company has sold an additional 113,363,237 shares since June 30th while simultaneously buying back shares (buy low/sell high). That means the principal owner now only owns 42% of the company if he still holds his 102+ million shares.
This was all before any divi money was available to shareholders to buy more shares. So, at this point I expect the issued and outstanding is closer to 500,000,000 if not more and the company has received a significant cash infusion from the shareholders.
Does this mean we have all been had? Not really. The company did exactly what it said it would do. It did not lie. It did not deceive. If anything we shareholders did not fully analyze what was going or we would have recognized all this much sooner. However, that does not mean the company is a sham or scam...as of yet. Time will tell.
The company's financials still support a much higher PPS so there is still a lot of room for an increasing PPS over the next week. Capisce?
You are correct because of the 100,000,000 that was issued to them on Oct 17, 2014. However that does not negate the fact that the 450,000,000 shares Janice mentioned was by then a mere 2+ million shares because of the reverse split on Oct 6, 2014. This would result in the principal owner owning a total of 102+ million shares, as you indicated.
On June 30, 2015 there was a total of 129,460,000 issued and outstanding giving them 79% ownership of the company, not the 90% Janice indicated. This left a measley 27,460,000 shares available to trade which is a ridiculously small number when you look at the volume over the last week. That means that either the principal owner was dumping shares this past week or CRGP was.
On August 13th CRGP stated that 242,823,237 shares were currently issued & outstanding which means the company has sold an additional 113,363,237 shares since June 30th while simultaneously buying back shares (buy low/sell high). That means the principal owner now only owns 42% of the company if he still holds his 102+ million shares.
This was all before any divi money was available to shareholders to buy more shares. So, at this point I expect the issued and outstanding is closer to 500,000,000 if not more and the company has received a significant cash infusion from the shareholders.
Does this mean we have all been had? Not really. The company did exactly what it said it would do. It did not lie. It did not deceive. If anything we shareholders did not fully analyze what was going or we would have recognized all this much sooner. However, that does not mean the company is a sham or scam...as of yet. Time will tell.
The company's financials still support a much higher PPS so there is still a lot of room for an increasing PPS over the next week. Capisce?
You are correct because of the 100,000,000 that was issued to them on Oct 17, 2014. However that does not negate the fact that the 450,000,000 shares Janice mentioned was by then a mere 2+ million shares because of the reverse split on Oct 6, 2014. This would result in the principal owner owning a total of 102+ million shares, as you indicated.
On June 30, 2015 there was a total of 129,460,000 issued and outstanding giving them 79% ownership of the company, not the 90% Janice indicated. This left a measley 27,460,000 shares available to trade which is a ridiculously small number when you look at the volume over the last week. That means that either the principal owner was dumping shares this past week or CRGP was.
On August 13th CRGP stated that 242,823,237 shares were currently issued & outstanding which means the company has sold an additional 113,363,237 shares since June 30th while simultaneously buying back shares (buy low/sell high). That means the principal owner now only owns 42% of the company if he still holds his 102+ million shares.
This was all before any divi money was available to shareholders to buy more shares. So, at this point I expect the issued and outstanding is closer to 500,000,000 if not more and the company has received a significant cash infusion from the shareholders.
Does this mean we have all been had? Not really. The company did exactly what it said it would do. I did not lie. It did not deceive. If anything we shareholders did not fully analyze what was going or we would have recognized all this much sooner. However, that does not mean the company is a sham or scam...as of yet. Time will tell.
The company's financials still support a much higher PPS so there is still a lot of room for an increasing PPS over the next week. Capisce?
I see Janice Shell and company have been raising the issue of a single entity owning 450,000,000 shares, 90% of the company. That entity owned those 450,000,000 common shares from 2010. There was a reverse split on 10/06/2014 of 1:200 so that entity had merely 2,250,000 shares after that, less that 2% of the current O/S. I heard there was even another reverse split before that but I can't find a reference to it. Regardless, that entity no longer owns anywhere near 90% of the mine and is entitled to a divi of only $24,750. Mine alone was more than half his.
That entity owned 450,000,000 common shares from 2010. There was a reverse split on 10/06/2014 of 1:200 so that entity had merely 2,250,000 shares after that, less that 2% of the current O/S. I heard there was even another reverse split before that but I can't find a reference to it. Regardless, that entity no longer owns anywhere near 90% of the mine and is entitled to a divi of only $24,750. Mine alone was more than half his.
Buying like a mad pig in a truffle garden. Got 3,151,000 shares now buying 1,151,000 at today's low ball prices. Up or down this market is MINE!
I have never, ever, in all my years of trading seen a sub-penny OTC stock do what CRGP has done in the last 4 trading days. A divi of 500% of the share price, a share buyback program in place with still 2/3 of it to come, and a share price increase of 300%. I doubt I will ever see this again either. It is up 100% already today!
American, canadian or aussie?
BINGO! Got my order in for 550,000+ shares at 0.0055 bringing me up to an even 2 million shares. I'm fat, dumb, and happy right now.
All the major indices are down approx 5% currently because of turmoil in Chinese markets. As stockholders scramble to limit losses you may find your broker's websites down or unreachable. CRGP is doing just dandy though.
Just put my order in to bring me up to an even 2 million shares and there I will hold.
Hot damn! TD Ameritrade just paid me the divi!
If you see an ask of $1 per share for about 1.5 million shares, that's me <smile>. I figured I would lock shorty out of borrowing any from me and doubt we will reach a dollar per share today, lol.
There is a possibility, one that I am hesitant to even ponder. That is this: The company primed the pump when they first announced the divis. This was in order to build interest among current and potential shareholders in wanting to own the stock. Between then and now they have quietly raised the AS in preparation for the big payout. They announce the sale of the San Pedro mine and the big cash infusion they are getting. In order to keep the momentum going they release unaudited financials that reflect superior growth. Then, at the appropriate time, they begin dumping all those new authorized shares and walk away with millions in new cash. Although many shareholders from various brokers have stated they have received the payout, the actual cash may not be available to use yet and this gives the company time to clawback the divi, or they could simply not actually send the money required to FINRA and the clawback would happen automatically. We should know if there is any possibility of this happening by Monday.
Yes it is and you would think an Apex customer services rep would be more in the know about things. It appears TDA has no idea what is going on, much less what other people in their customer service dept are saying.
Response from TD Ameritrade concerning dividend:
Hello xxxxxxx,
If you saw the dividend details on the Calendar page in our research center, you probably noticed that today was the ex-dividend date and Monday was the payable date. Calissio Resources Group apparently decided to announce a special dividend due to their recent record-breaking performance, as reported in recent news articles.
Please be advised that market data for Pink Sheet stocks is not always reliable. If CRGP is actually going to pay the $0.011 dividend, we have not been notified when to expect it. If we do receive it, the funds will be posted as soon as we receive them. We have not received any information about a share dividend.
I found an article that may help to explain why I am not convinced that the dividend is actually going to be paid. You will find it at:
http://seekingalpha.com/article/2897566-calissio-resources-group-inc-multiple-red-flags-around-this-promoted-company
TD Ameritrade is not responsible for the claims or representations made by the above Web site. We cannot guarantee the quality or suitability of any content found there. TD Ameritrade does not endorse or recommend the products or services of any company mentioned on this site.
Thank you,
xxxxxxxx
Apex Client Services, TD Ameritrade
TD Ameritrade, Inc.
Wow, if it's all true, $15,916.56 will soon be in my pocket. I just might go to McDonald's and celebrate!
I don't understand TD's answer. If it was payable 2 days ago and the ex-dividend date is today, why would it be paid out on October 7th?
Is CRGP halted? No buys or sells in 15 minutes.
TD Ameritrade showing dividend of $0.011 per share on calendar for today with an Ex-dividend Date of today as well. No word on share dividend yet.
Finally got my million shares at .0016. Hoping for a big upturn once financials come out.
Major news on Monday. Chinese ink deal to buy CRGP's entire copper production for the next 5 years at prevailing prices.
Can this stock go any lower??? My shares are now worth a whopping $3.66, down 99.43%. It's not even worth selling because of the trading fee!
Pretty amazing recovery from a stock I thought I made a big mistake in buying in the first place. It lost 90% of its value but then I lost my mind and threw another $1000 at it to average way down and now I am only down 25%. If I'm lucky I might actually see a small profit out of this.