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Feel sorry for the guys on this board who threw more good money after bad money; people actually sent in donations to pay for the lawyer fees.
Ok, but the whole idea was to have millions of shares to maximize profits, simply based on 'volume', once you have a 1000:1 split, you pretty much lost everything.
This is a dream, there is nothing more that is going to happen with this company
From what I can understand, heard and read on the single form filed by CPRK on msnmoney.com (internal filings section), shares were issued in abundance to pay for salaries to the CEO and probably also to finance the mill.
For all we know this thing was a well planned scam where a mill was going to be setup just with one ides- to convince people to invest more. 5.5 Billion shares issued is not a small number!
Don't worry about it, just a silly posting from another board with by someone else who is living in a dream world. No watching...no waiting. The time has passed for this piece of junk
Wishful thinking, hope for everyone's sake you are right on this one...
Nothing to report....nothing to talk about. No point in flogging a dead horse.
Actually its our fault....all of us to believe in this junk. Whichever way you look at it this party is over, our stocks are worth nothing. The party was a scam to begin with...
This is basically looking at the glass half empty or half full, either way a RS will make this stock worthless, it already is at the bottom of the pit and a RS is inevitable in such cases with more than 5 billion outstanding.
I have always asked pretty much the same question and I understand obviously there are no good answers except the promises of Hope and other theoretical predictions. I am seriously considering of dumping my stock before the 31st to cut my losses and start claiming the same from the IRS, it will take a few years but as my stock is now 1/200th of what I spent I don't have a choice.
Is this the much-anticipated POR everyone has been waiting for??!
All I am looking for is a logical answer to a valid question:
If there really is a treasure trove of copper, gold, etc, etc why did some big, established, Public limited mining company not swoop in to buy this at peanuts price?????
Any feedback, 2 cents, theories....anything is appreciated.
Question for everyone.....
So, I read through all the posts dealing with authenticity of the fact that there actually are copper and other mineral reserves in the area owned by CPRK and it seems to be a split between people who believe this and others who don't, both sides have provided evidence to backup their claims, including the 'believers' who have actually visited the mill.
But here is my question:
If there really is a treasure trove of copper, gold, etc, etc why did some big, established, Public limited mining company not swoop in to buy this at peanuts price?????
Honestly...based on the Quote I took from Gamechanger's original posting(which was deleted), about falsely certified reports of minerals in the ground, I would believe anything at this point. This whole operation has been a scam from the start, so who is to know what they pretended or what was the truth..
Clarification needed .....
Quote:
"Obviously the minerals in the ground are a certified scam, and yes the mill being built was @ the top of scam throu Nethers. "
-----So, are you saying that there are no minerals in the ground at all, where the mill is located or the area owned by CPRKQ? What about the Hatch report put out by Credit Suisse?
Any news??? Anything??? POR...??
Regardless of whatever the price is going to be, its pure speculation at best.
Anyway you look at it a majority of shareholders would not even get back 1/20th of what they originally paid for this disaster. One way or the other this stock now is all about cutting your losses and salvaging whatever you can. Sorry to sound so pessimistic but in such situations where a company is an OTC Pinksheet firm, has already been involved in fraud, barred by DTC, management change, Bankruptcy, etc, etc...there are no sweet endings.
The people involved in creating the new management or having influence in the BK proceedings would take out the last bit of money they can salvage for their own investments, to think anything else is a foolish dream.
Regardless of the POR or whatever is going to be released, if it ever is, this pig is dead. We will never recover any of our hard earned money we put into this.
Think about one question: If the land had all the gold, silver, copper, etc, etc which has always been touted why did some big established company not buy this out????!!
I know I am going to get technical rebuttals to my statement but it is what it is, there is simply nothing left for this, wise folks are selling now before Dec 31 to get the tax loss write off which is going to be painfully slow; $3000/year
That brings up the other question: Why hasn't the DTC/Trading issue been settled?? Its been months , we have a new management and everything however there is simply no update on why the hold still exists. We know why the hold was pt into place but no news about what the new management is doing about it.
I understand your post/reply but your response re-defines the adage about looking at a glass half full or half empty.
I mean we are really talking about scraping the bottom of the barrel here and the only savior is a technical system which will not allow a SELL on this unless it at least 0.00001!!!!
This pig is falling like crazy, pretty soon it will be at 0.0000. Guess people who are smart are taking in the losses before Dec 31st for a tax write off.
It seems WEBTIME may have been right after all.....
Adding to the mystery is why the stock still has a hold from DTC to be traded/bought. Its been months since this hold was placed and the new management which took over should have been able to provide evidence to take this off....??
I guess there is nothing to write about. This turkey has been dead for a long time. I think most people are subconsciously avoiding the truth.
As I have read Webtime's postings over time, I have started believing that he may be right after all. Common sense would state that when a company like CPRK in its current shape and form gets sold in BKPT proceedings, its only a 'shell' which remains for book keeping purposes, with more than 5 billion shares outstanding, there is simply no way any shareholder would recover even the money they paid for these, forget about any profits!
There are some hared-core people on this board who may think otherwise and have always very aggressively defended the company and probably still believe that this is a good bet.
Only time will tell....however you don't need to be a rocket scientist...
That has always been the case, to believe anything else would be foolish. After the acquisition, a reverse split will come most probably just due to the sheer volume of shares out which will turn what we own into junk.
Haven't heard from 'tic-toc-tic-toc'
Any one knows where he's hiding? Need some entertainment.
This turkey is dead, I think the sooner we all realize it, the better as It will hurt a lot less in the future.
<drum-roll>........and.....<more-drum-roll>...the stock still tanks!!!
I am surprised this turkey is still alive. This company should have been in Bankruptcy long ago. Guess the CEO and his bunch of cronies will suck it dry before filing chp 11
That article is from way back showing the big crook- Mark Dotson, big time propaganda which led to thousands of investors dumping their money in this turkey.
The only info. I have found on CS Mining is the following:
http://www.allbusiness.com/companyprofile/C_S_and_B_Mining_Llc/7FFF3A08DD2CAF9CD99C787FF8FB7022-1.html
I am 'assuming' that this is the same company but it is registered as a coal-mining company. With only 2 employees this definately looks like a 'shell' establishment to me.
C S & B Mining Llc
2425 E Camelback Rd # 950
Phoenix, Arizona 85016-4200
Company Overview
C S & B Mining Llc does business in Mining Support Activities.
View full company profile
Stock Symbol: C S & B Mining Llc
Line Of Business: Coal Mining Services
Estimated Annual Sales: $270,000
Estimated # of Employees: 2
Year Founded: 2005
Estimated Employees for This Location: 2
Source: http://www.allbusiness.com/companyprofile/C_S_and_B_Mining_Llc/7FFF3A08DD2CAF9CD99C787FF8FB7022-1.html#ixzz1WWcoUNrZ
Speculation at best...as the author has the following disclaimer in his postings:
All communications
made by me are my personal opinions and should never be considered
financial advice.
I think that's a valid question and this information would be available since the court proceeding related to this specific topic has already taken place.
I believe you are absolutely correct. In such cases, there is no incentive to the buyer without a reverse split.
Seems like the end is near...have been seeing my capital in this dwindle to virtually nothing.
Wasn't Fidelity the only one allowing trades? With them stopping is there any other company which allows to buy or sell this?
Gamechanger provided charts to justify his statement.
Can you 'richwaters' provide reason for your optimism?
CPRKQ stock price?
The ticker on the page is showing bids of 0.001. I am checking on other sites and the price is 0.011
Is this true? How much lower can this go before trading totally stops?
Trading status at Fidelity??
As far as I know Fidelity is the only one allowing trading for this stock however when I tried to buy this via the Fidelity site today, it gave me a message stating I should call:1-800-544-3939. Upon speaking with the representative I was given a strange explanation that I won't be able to buy any new shares today as Fidelity is in the process of deciding whether to allow trading on this stock and that no more information is available; I should try to trade/call tomorrow.
Has anyone faced this???
DTC Status
Can anyone from the ESHC comment on the latest status related to the hold placed by DTC on trading this stock?
As far as my information goes, Fidelity is the only online trader allowing trades....is this correct?
Has ESHC been able to get the hold removed from any other traders or has been in communication with them?