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We needed a miracle and By Gawd we got one! Thanks Copper Miracles!
This is from lawyer site and may not be correct but worth reading I think: Page 25:
http://www.egsllp.com/GoingPrivatePresentation-FINAL.pdf
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Breach of Fiduciary Duty
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Majority Shareholder Liability
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Only applicable when the shareholder owns a majority interest inthe company or exercises control over its business affairs (Kahn v. Lynch)
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If transaction is through a tender offer, only must provide fulland fair disclosure (Siliconix)
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If transaction is through a short form merger, as long as all material information about the merger has been disclosed, absent fraud or illegality,the only rights an objecting shareholder has are appraisal rights
Since there is no bid and ask price posted and due to the time of day I think they were expecting a run up and bought well ahead to get in.
Assumption and not suspecting is the whole problem here with this stock.
It isnt helping that FINRA the savior of the masses can't at least fly a freaking plane over that dam mine LOL
Ok I said they would tell us something a week ago.. This sure isnt much of a statement but that is how it reads. Has anyone called FINRA today?
That is a pretty crummy rule from someone watching out for the public and old retired men :(
They will respond today. FINRA
(3) After FINRA initiates a halt in an OTC Equity Security as a result of an Extraordinary Event Halt, trading and quotations in the OTC market for the OTC Equity Security may resume when FINRA determines that the basis for the halt no longer exists, or when ten business days have elapsed from the date FINRA initiated the trading and quotation halt in the security, whichever occurs first.
(4) FINRA shall disseminate appropriate public notice that a trading and quotation halt initiated under this Rule is no longer in effect.
http://finra.complinet.com/en/display/display_main.html?rbid=2403&element_id=4414
According to a FINRA U3 halt they will respond in 10 business days from the halt date. Read the U3 definition.
Silver up today and stocks down. Seems that since the CEO PR, the stock price is not as tied to silver prices as they were prior to said PR. Volume also dropped.
I need stock to go up :)
Here is some indirect but usefull information on the VTG / Petrobras dealings and the contract revocation.
http://seekingalpha.com/article/3488616-is-paragon-offshore-next-in-petrobras-bucket-list
Things to notice are dayrates of all companys and vessels involved .
Also definitions of and possible reasons for the revocation. It takes a little reading tho.
Excuse my ignorance but what exactually will happen to share IF VTg does go into bankruptcy?
They are not going to just sit there and dry up I think.
They got lemons lately but it seems that they are still mentally in the game. If Petrobras bribe involvement is proven I think it will be what has already happened. The chinese fella will be blamed for helping his mama and it will stop there. Then all Petrobras can do is what they just did for now and that is resind contract. They need to get the rig out of the area for sure. Then work for less somewhere else.
TImes will get better and I think they will recover. They still have 34% institutional ownership.
Sorry for general attitude of this message but i have been spending time on the Calissio scam board :)
Hey that was mine! I bought in on the backside of that at .0088 :) Lemme check my account. maybe the sent it home where it belonged
That happened once in Grand Bay, Alabama. A fella would give like 5 tickets to the waitresses as tip because Alabama didn't have a lottery and he thought was good luck to give the tickets away. He told them to share the ticket winnings.
He said all he wanted was a new truck if they hit and they did. The waitresses got all jealous cuz one claimed it all so they took her to court. Not only did she have to split the money [actually can't remember if she got it or they froze it really] BUT the court made her buy the man his truck :)
Chart showing 5 dividends on this page and all have ex date like 1 month before pay date...... Non like the one showed for CRGP
http://www.inspector12.net/stocks/VALE%209-3-15.jpg
text on chart wrong... I goofed there
Good catch there. Yes it makes sence not to keep them forever on the list.
Good catch
Yes maam but I wonder why Fidelity did not list it on their chart like the .011 dividend . Some stocks had like 3 in one day and all had thier own box like my screenshot showed. Or if I make 3 buys on same day all have their own boxes.Point is that the 3% one isnt being shown signifying ......? no idea :)
Also Fidelity did not show the other 3% dividend at all on that screenshot . There was to be 2 dividends paid ?
It seems that some here have shown informal evidence that some brokerages are putting holds on their dividendends from CRGP.EX: screenshots.
Also I still this morning have a glitch in my trading platform pertaining to that same dividend.
http://www.inspector12.net/stocks/glitch.jpg
Since we are not an official tribunal this suffices for me for the time being.
That site is a pay site and I didn't get the file. There is someone on here can access the justia site which this one follows tho.
Website to track trial of COR and CRGP:
https://www.pacermonitor.com/public/case/9237206/COR_Clearing,_LLC_v_Calissio_Resources_Group,_Inc_et_al
Looks like they served CRGP in some form or fashion.
Still a CRGP glitch on my trading platform! As of 02;00 9-3-15
Ex div date shown as 2 days later than paydate for dividends on CRGP from Fidelity trading platform.
Glitch I suppose
Fidelity GLitch for CRGP 9-3-15
notice dates. Weird as other divs like VALE show ex date earlier than paydate like normal.
Why would they not want a CEO to resign?
What would happen right this minute if VTG went bankrupt?
I am having bad week. One stock I had went to greys and another won't accept the ceo's resignation......
Well on the brite side there are lots of those non-crusade Knights Templar there. And on that note it is refreshing to see the rise of vigiliantyism going on down there :)
New mining map link for future referance:
http://mx1.mexicominingcenter.com/gis/main.php
According to this map there are legit mining people very close that maybe would get a kick outa taking a drive over to Adam's place :) Gives their names and companys also
I hate to waste one of my 15 messages but it is worth it in this case.
Good night Miss Janice. See you tommorow :)
That may be true. But what about that court? Still there In My Opinion was ample time to let out a PR as Im sure a gag order from the court would not arrive with the supeonas :)
That one thing is what totally blows the case for Adam's bunch for me. It irks me that my fairness and desire to give benefit of the doubt to another is interpruted as a sign of ignorance and weakness. Or as one of support for that matter either.
T think FINRA was prompted to look into this Extradordinary Event thru the coaxing of COR and DTSS. To do other wise would give them credit for showing some initiative.
Crooked government is as bad as complacent goverment. I got a beef with that sort :)
Rite now there is no real factual and confirmed evidence presented or leaked out by any authorized agency. None. The closest we have is the court document with the plantiff's charges pending in a related court case that may or not be involved with this halt at all!
WOW...... well think about it. It could actually be FINRA is busting [ halting] CRGP for dilution or some other activity not related to that only peice of official paperwork we have seen with CRGP on it in quite a while....
Specualtion is fun and is best not to get to personally involved in it.
I do have a suggestion.... For those who like me will now do proper DD on their investments............ How about making a "package" or form we can distribute amoung ourselves and new members with lots of "fill in the blank" places like "CEO" "Release Agent" "Physical address" "Confirmed place of business"
and other pertinant information.
BTW there is nothing wrong with having a Virtual office. If your main place is in Mexico and you do have to entertain in USA, you do want a nice place with all the office tools to conduct a business. I looked at that site and it is legit. And I see a legit need for it as well. Virtual in this case is a temp office with mailbox.
Or we can have stockholders scream about coorperate waste in having a 1 million office in same place. See my point?
When the SRGE Fraud was in full swing (and the similarities to the CRGP Scam are frightening) the real company holding the mining concessions for the mine had a third party security firm visit the site and prove that no mining was going on and they did hold up a newspaper with the current date.
That was made available on the SRGE Scam's Ihub forum and cries of "photo-shop" and "lies" abounded from pro-SRGE investors.
Until the SEC suspended the fraud.
jmo
No, good mine owners trying to keep the confidence of its share holders or at least get their support get mine experts to make accurately conducted sampling and produce reports.
Someone calling themselves Adam Carter did present himself according to the indictment thing.
And the SBA is not a factor in any of these pinksheet mining scams. Or any pinksheet scam (I could be wrong, maybe someone has fooled the SBA and gotten a loan somehow).
On that note can I make offer now for some shares heh heh :)
I thought it was a 10 day period before they had to release or send to greys. Thanks for info.
I got a really dum question... How do you tell where a company is being traded ?
When I order shares thru my Fidelity trading platform, it doesn't tell me it just takes me to the chart. Some wont allow me to see bid and ask [level 2] and some others stocks I trade are under a $1 and i can see the level 2 on them.
I said it was a dum question.
Hey that would be a good idea too! That would allow dummys like myself to be warned in my platform of danger in doing pink trades. And yes that would be up to my platform's management to start with.
I will write congress.... and I will not forget just cuz the storm is over :)
But I still cant see where even having a degree in geology or mininy whatever degree would allow one to read a financial statement and ascertain that there is or is not a mine.
And I will look into the Crowd fund raising thing. I do have and idea to get off the ground as stated before.
CRGP [ that is how this post started so as to not be accused of being off topic :)]
In my opinion only above statements were uttered on paper.
How would one Prove even oil reserves?
It is all speculation. Regardless of the holes drilled or samples taken there is no proof of what that plot can hold or produce what is stated. Especially with the more precious metals due to their geological distribution nature.
Im just saying that there is no need to even require it. If a person does not like the profit loss sheet of a company they are doing DD on then they can move on to another stock. If it is a new company with no profit then they would be judged on their reputation and history.
The SEC has said it many times before - they cannot and will not protect investors from themselves.
And who would pay for that? People all over the United States complain about too much government (which runs a massive deficit each year) and now you want MORE?
The SEC has said it many times before - they cannot and will not protect investors from themselves.
A little experience in mining and financial statements would have shown pretty clearly there was no mines
A lot of the warnings are great and accurate. Like the one about watching for claims next to "Known" gold mines as being reason for promoting the scam one. OR the one about the not knowing exactually how much ore is there to calculate a mines worth.
But wouldnt it be nice if someone in this government would send people like Mr Adam a note saying something like "At 1:00 pm please go outside in the parking lot of your mine and hold up a newspaper with todays date and then proceed to the location of your mine so we can see some of the activity going on there so we can at least show you are a mine" And then zoom in the satalite and record the proof.
One other problem is this. Why even allow the reserves to be put into the value of the mine at all??? Or on the balance sheet????
Say for instance I had a fishing vessel engaged in catching shrimp in the gulf of mexico. I can not claim my worth based on what the industry did last year or reported stocks for this year. You as a stock holder would have to decide to trust me based on past profit sheets or just cuz you liked my picture and talk. But you would want to see the boat and see that it was painted and not falling apart etc.
Beleive me the SBA wants a pic of it and will send someone to see if it exists as well before they make a loan.
Getting back to stocks.... Once a company gains your trust they keep it by showing just what they produced. and this can all be verified by CPA's.
CRGP halted 8-26-15. When is the mandatory waiting period over before they could be sent to the greys>
Does the time frame include weekends and holidays?
Im thinking around the 9-10th of the month?
I fully support Small Business. I personally am meeting with a lawyer thursday to try to get a patent search started and would love to get a small business started and maybe show up on Shark Tank and etc etc.
"The problematic nature of the Pinks isn't really the fault of the SEC or FINRA. If you want to blame someone, blame Congress. They're the ones who like to imagine these companies are vibrant small businesses, the backbone of our nation's economy. Because of that, they believe, Pinks shouldn't have to bear complicated and expensive regulatory burdens. "
I love that statement Miss Janice! But in all due respect I think I have pretty well called the owner of the fault as being the government as a whole. Yes congress........... And yes FINRA as well who has sent some scammers to court and beyond for not insisting on congressional hearings daily until this is resolved.
As for congress who are letting this pit stay open to help small businessmen stay in business havent tryed for an SBA loan. Which requires more reporting it seems than the Pink venue calls for.
I agree with the lowering the expences for a small company to get into the exchanges. The small business the SBA calls is one that does less than ............ [i forgot] yet they bailed out Crysler years ago. My business and Lee Iocikea [crysler] are not the same.
I am not trying to support CRGP or the sale of their stocks and I do wish they were more into PR's when the SHTF like now BUT I do understand there are always 2 sides to a story and have been victim of a coincidence driven witch hunt myself.
Love yall,
Mike