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The equipment installation is still in progress, how could he mine crypto currencies?
Actually his fraud report in December 2020 caused CE and defunct being put on CCTL. If he was honest in that report, he would not need to devote effort to get CE and defunct removed.
Installation is still in progress? Shouldn't it been done and generate coins a while ago? It takes months or years for the technicians to get the machines run properly after installation.
Not be able to install the machines and get them run properly is my primary concern about CCTL.
I do know the CE and the defunct.
If TP already got the machines installed and run properly , and already generate crypto coins, my investment account in penny stocks will come back to life again. I have been holding my 30 million shares of CCTL since 2016, only sold a few million shares at 0.0054 this spring.
No. I was not allowed to buy when I tried a while ago.
Wish he knows how to install and run the machines. Don't think he knows. Otherwise, the stock price cannot drop like this. The price of crypto coins has gone so much.
Then where did the 500+ BCs go? Just disappeared? It is a lot of money now. Nobody cares where it went? Nobody is required to be responsible for the assets lost by law?
What he says does not matter. What really matters to us is what TP has done since he took over the company. TP obviously is not qualified for his job.
How worse this company can be? Has TP been able to run the machine the company bought early this year and produce any crypto coins so far? Is he really an expert in crypto coin? Thought CCTL is around 0.005. Very disappointed to find it is 0.001. My investment in CCTL will be nothing with this liar CEO.
in the past 5 years, cctl has not done rs. if it does rs now, the effect would be really bad.
Have the company finished installation and started produce coins yet?
In the financial report posted early this year, TP said BS confirmed with him the company had the 500+ bit coins. There was record showing the company bought the bit coins in 2014, no record showing BS sold the bit coins. Is BS allowed to steal so much assets from the company without going to jail? Hopefully BS will not die before he is taken to court.
Because they were in the record until this spring. It is not lost, it was stolen and we know who is thief.
Sorry for what happened to you. I didn't buy any over 0.0006, only sold several million shares last years with 0.005. I bought most of my shares between 0.0002 and 0.0004.
Our primary problem is the huge missing assets and the fake info TP put in financial report early this year, which put us on the CE list.
Can BS stay out of jail after being proved stealing so much assets from a company?
Some posts said investigation was going on with the company. What was investigated ? If the fake info problem is not resolved, how can we get off CE list ? We have no reason to ask SEC to take us off the CE list before the fake info is taken care of.
Agree. He at least needs to appoint somebody to recover the missing assets, so he can focus on the technical issues. Both are important for the company.
I am green for CCTL now because I bought in 2016 when the CCTL was really low. But portfolio drops a lot since Feb because CCTL dropped 90% from high of this year.
SEC make decisions based on facts, not what people complain or appraise. I have more than one stock being put CE, because the CEOs fed public fake info( they did lie).. All of them are still on CE list. I don't think CCTL will get off CE list within months. For us to get rid of CE, TP needs to prove he did not lie about the bit coins and the cash. He did not lie directly, but the financial report last year was an indirect lying. I don't like to support a CEO who was not even able to take over the company assets from the former CEO.
The 500+ BCs and over $700k cash is hundred times more than the value TP could produce in many years. He is supposed to recover the missing assets in any case. If SEC does not force, will he make any effort to recover? I don't trust him.
When can we reach $5?
Is the company doing dilution? There are so many shares to sell for 0.0005
The problems which caused CE should be corrected first. As investors, we cannot do anything to resolve the problems. We cannot recover the missing assets, we cannot set up the equipment. Before removing the causes of CE, what help can calling, writing, emailing do to get rid of CE?
I invest very heavily on CCTL.
To get rid of the CE, TP needs to recover the 500+ BCs and $700k cash. Can he do it? It takes long long time to get rid of CE even if TP can recover the missing assets.
With the CE, we will drop lower.
Glad SEC forced TP to do what he is supposed to do as a CEO. He should not have taken the position if he could not get the 500+ BCs and $700k cash back. He has been very irresponsible. So far, how many crypt coins has he produced since he took over the CEO position? How could he ignore 500+ BCs and over $700 cash? I don't believe he can do anything good for us. So disappointed with TP.
What's that? Are the missing assets still there, were not stolen by BS? What worries me most is BS destroyed the keys of the BCs.
Who will investigate the missing assets for us? Hopefully the company can get the missing assets back and the thieves are sent to jail.
What we need is for TP to get the 500+ BTs and $700k back from the big rats CEOs, to prove that he did what he was supposed to do as the CEO of this company. Cursing GS does not help anything.
Talking this in message board does not have much effect. Will somebody do something in court for this issue?
etrade does not allow buying cctl. etrade does not allow buy stocks on CE list
No volume. Wish we can go over to $1 as some other stocks.
Can we help him to go to jail? He has been hurting our benefit for several years. Why are we still tolerating him?
Liars are still trapping investors? SSET dropped from 0ver 0.4 to bellow 0.04 in a few months. This is going to drop to nothing.
Then what is the true story? Why is this keeping dropping?
Somebody just loaded about 6 million at 0.0014
Good to hear. I have been holding this for a while. Good luck to us.
How far can we go this time?
How far can we go this time?
TP said BS told him in email that BS held the key book to 513 BCs after TP took over the CEO position. There was 2014 purchase record, no selling record. BS has not said he sold the company BCs either.
Where are the 513 BCs?
Wonder whether the company can use attorney on contingency to sue old CEO for the bitcoins. Still cannot forget the 513 BCs.
Can you see the difference between your stories and CCTL story? The criminals in your stories have never been your family members. BS was the CEO of CCTL. At the transition period, TP was supposed to take over all the company assets and confirm the assets exist. Did TP go to BS in person and directly, asking him for the key book to the BC, and test the keys with BS on site to confirm the assets or to reveal BS's key book was fake at the time of transition?
I agree BS had bad reputation in past few years, not just in CCTL. I saw posters spread his negative stories in the board of his other companies. As for CCTL, I still wish he has professional ethics, hand the 513 BC to TP.
Agree with you.
But in the mean time, we need to remind our old CEO BS to transfer the company assets to the new CEO TP, through board posts.
You are right. I still believe BS is not a bad person. He will give our assets back when time comes.
I care the 513 bc a lot. With that, we will be much higher. It is over 32 million dollars now. Can you ignore the loss of one million of your owe money?