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So what exactly does TALC do, or produce, or what plans does it have for the future other than making some folks here some money? I spotted TALC a while ago and figured it would appear at some future point. Very interesting timing with the Converge R/S - I can't wait to see what is planned!
Sorry soldier, how about "suspect".
I guarantee this is somehow related to the CVRG crash/reverse split. TALC belongs to......you guessed it - Cornelia Volino. Licensed in Minnesota under her name. I have been waiting for this one to "purchase" or "merge" with CVRG. Get in and get out because these people are dishonest.
I am convinced the goal is to drive out the previous stockholders in order to fleece a new group. Why would you R/S to 2 million shares - only one reason. A new promo campaign with a few hundred million shares to sell to new people.
Thanks Gainmaker,
So far I have been able to get about 1/3 of my loss back on a couple other stocks. Hopefully by the end of the year I will be back to square one! GLTA!
I sold out last month at a 90% loss because I became convinced this was all a fraud. I called CVRG in Toronto a dozen times and never got to talk to Cornelia. I have studied her past and present companies (she owns other "shell corporations" in other states) and realized none of them had ever done anything. They merged with others, bought properties held by others, etc. Never any forward progress. The Penny Stock Chaser thing was the last straw. I called Tom and Cornelia and got no response. I still want to know where the Jeffries "Hold" report came from - I can't find anything about it and now a reverse split at 100-1. Wow - why? I hope that you all recoup some of your losses, but I will never touch any company that Volino and a half dozen other individuals she associates with have anything to with ever again.
Has ANYONE with a broker received their dividend stocks yet?
And by the way - where is David?
No one here thinks that Converge might have been knowingly "involved" with the PennyStockChaser nastiness? Several of the companies Ms. Volino has been involved with were heavily promoted by PSC.
Trust me, they do.
I am not a basher, just a suspicious stockholder based on my recent research. That, combined with a lack of information and this SEC investigation pretty much leads me to the conclusion that I have lost a tidy sum. I have learned a lot though. We shall see what happens.
I think it would be an appropriate moment for Ms. Volino to make a statement, unless of course her statement would be the the 5th amendment.
Maybe this is why there has been so little "info". Someone must have known this was coming down the pike. Don't imagine we will see a PPS spike now, unless of course they do some actual business.
Yes, like Uranium Hunter, Sparrowtech, Photomatica, etc. Still don't see how that would help us with our investment in CVRG. Getting the feeling someone is milking everything possible out of CVRG while setting up the next scheme.
I think anything is possible at this point because obviously the current configuration isn't getting things done. Somehow I doubt that you and I benefit in anyway from whatever happens.
I still remember the morning I was weighing the decision between KATX and CVRG. I can assure you that I will be out of CVRG long before it goes to the levels KATX has seen recently.
Whole thing still stinks rebeccaha. A lot of the recent share sales have been in the ???? column of the trade sheet. There is ZERO interest in Converge anywhere but HERE. No post on yahoo for more than three weeks until today.
The post today was about the value of a reverse split. Wouldn't that be a wonderful PR?!
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_C/threadview?m=ts&bn=68342&tid=728&mid=728&tof=1&frt=2
No, I was serious about my last post. I still have real doubts about this whole thing. I am hesitant to throw good money after bad. I will be happy to get out with a part of my investment.
I won't spend another penny until I see something happen. I appreciated the contact with Tom, but I didn't sense any great enthusiasm on his part.
obviously - Wish I had enough money to manipulate it!
The message in my phone call was simple.
Converge is still around.
They expect to provide at least one PR in the near future.
Guess the support is better at .005
Yeah, they bought at .005!
someone sold 530 shares?
I also received a phone call from Tom late this afternoon. Nothing specific to report, but contact appreciated.
taraniterror - funniest thing I have heard all day! Vasker buying!!
Why don't they just do things like normal companies, i.e. move forward with the further assessment of Eagles Nest (already done by several other companies), seek financing for Eagles Nest or other properties, and COMMUNICATE with stockholders.
I think it will be a new "merger" or partnership with some other entity. I seriously doubt it will be news about a second trip to Ealges Nest or anything to do with actually mining gold.
I don't know where the "bottom" will be - I have a guess. I would be happy to "see" an email.
Mr. Gainmaker,
Amazing response time on your letter. What exactly did you ask in your letter and could you please write again and ask Ms. Volino to respond to MY email?
rebeccaha,
I copied and pasted the email from Gainmakers note. I also tried Volino in lower case. Both were returned this morning as undeliverable. I sent another this morning to the website email. No response yet or any other time that I sent an email to the company email address.
Oh boy, I must be next on the list!!
I sent an email to Volino@convergeglobalinc.com this morning and it was returned as undeliverable. Maybe some of you could do it as well as see if you get the same result. Here is a link to post:
http://www.iiroc.ca/English/Investors/MakingComplaint/Pages/default.aspx
I don't think it is too much to ask that SOMEONE has some direct contact with Ms. Volino. The designated IR representative obviously has other things to do right now and Ms. Volino has yet to return a phone call or email. I still smell a rat here - time will tell.
She is apparently well known in the culinary world as well - guess that doesn't pay well enough.
Not sure how comfortable I am discussing all the info on an open forum. I did provide a few links on this board and the SRWY and PDGO boards. I have a guess about where this thing might end up, but as I said it would only be speculation. I can't prove anything, but was just amazed at what I found during a couple of hours of Google searches. That said, I hope it isn't true because I have lost a chunk of change. I am no basher, not a ghoul, no agenda, just someone trying to put some money aside because I don't anticipate the government will be able to take care of me when the time comes.
I did call Converge again today. Different receptionist, today was Michelle. She said Cornelia has been in and out of the office, and she could only provide the voice mail. I tried to press the issue and she became quite defensive. Tom continues to ignore emails and is now linked with Paradigm Oil and Gas.
I only have one more post for today - free member!!
Like I said, I solved a lot of mysteries this weekend. The only mystery left for me is the identity of David20.
If you are so confident, you can buy my shares for .02. How about it? That will get you 43 cents each when it goes back to 45.
Oh, I think they have money. Our money - that was the goal all along. Both Tom and Cornelia are involved in new "projects'. I am convinced that Converge will morph into something else in the near future. The investing world hasn't seen the last of the Eagles Nest property.
Does the following link look familiar?
http://www.sparrowtech.net/property.html
Converge Global's previous incarnation.