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Well looks like he raised two middle fingers to shareholders as well.
I reached out to the author is the article posted earlier this morning. Will update if I get a reply.
Just CRGO has to provide the money for the dividend. I didn't think the DTCC fronted money. So it's their money anyways. Right?
So basically COR didn't lose their own 4 mill it was the 4 mill the would have gotten if they hadn't sold the shares of CRGP prior to the dividend. Since they were hit with the due bill.
It doesn't appear that COR is the best about following regulations. Per their 1 million dollar fine from FINRA in 2013.
Because people don't hair pay our 4 million dollars on the spot. Typically they would want to understand why and make sure it was correct
Isn't U1 a halt regarding foreign markets? So that wouldn't apply to CRGP.
What is your proof he has gone ghostly. He responded to emails and the lawsuit documents are all that we have to go off of. So idk how you can honestly prove he has gone ghostly.
Gotcha. So seems like a huge misunderstanding but I'm sure there is more to it cause of FINRA halt. Not saying company is real or fake. I'll wait to pass judgement on that after tomorrow close :) that will be the tell all
So if new shares went out afte record date then they would not be eligible even with the special dividend and ex date?
I'm long here but a balance sheet should always balance....hence its name BALANCE sheet. Debits always have credits.
Well if there is I would like it if they stated it and then I would listen to their opinion. Cause as of now I haven't listened to any. So calling all CPA MINING EXPERTS and LAWYERS
Well that's why they have people called auditors. And depending on life expectancy of a mining mill which idk what it is. Who knows how fast the value goes down. 3 years isn't that much time. These are all speculations that you can't even answer. Unless you a mining expert or have You CPA or CFA don't talk financials
Haha 45 times .8 is 36. What is wrong with their math?
If CRGP is legit. They will handle there lawsuit and then shareholders will hear something. They need to get the company issues in order before they go about release PRs just for our state of mind. If legit it will all be in due time. Enjoy the weekend and get of IHUB lol. Monday will be here soon enough!
Key words uncertainty of clearance or settlements aka dividends.
I have no clue. Haven't looked into them. Don't doing DD cause it's really pointless lol. Letting the big boys dig.
Looks like COR is trying to make up for a very big mistake on their part. SMH
There seems to be slot of moving pieces here. COR CRGP DTCC FINRA Nobilis. Let's see how this plays out.
FINRA is not the SEC. God lord.
The crazy thing about all this is how the company was around for YEARS. Just strange they spent that long setting this up. Either it was planned or they are idiots and has dumb luck to buy shares and get all that dividend money right back in their accounts.
I emailed him no response go figure
They are probably still looking into jt. It's been two days
They made that disappear as well. POOF
CRGP is ditching mining and becoming a magic road show company. Specialty making money vanish
The due bill would be from selling the shares but the funds should have still come from CRGP and hit COR then transferred to the new share holders. Correct?
I looked up Adam carter Australia and found nothing
Could very well be the same reason illegal issuances.
Well if Adam carter runs for the hills of that even his name then the TA will get screwed even more. Poor guy haha
If CRGP even has anyone to answer request....
FINRA most likely saw complaint and halted the stock. Oh well whatever it may be we won't really know anything till either FINRA CRGP or COR release anything. Which I doubt they will
As of right now we only have one side to go off of. can't exactly give CRGP the benefit of the doubt any more. If it was really a mistake I think that a PR would have come out
If that was the case they probably shouldn't have filed a lawsuit. Cause that seems to be the reason for the halt. I'm guessing covering short positions is not the case here
Hopefully it is a big miss understanding relating to the special dividend but I highly doubt that would be nice though if it was and could be worked out quickly and painlessly
I have a strong feeling that if this company ever trades again there will never be another dividend after this fiasco
Has anyone emailed Adam carter his email is in the fillings. Adamcarter@calissioresources.com
They don't even have to have the funds they claim. Pretty simple, they got money that was CORs now give the money back. Done deal. Seeing as this hasn't been done in guessing it was CRGPs intent to get this money and they are gone like the wind. Bye bye CRGP. Hello bag holding
I agree. It was just funny that yesterday he states he knew nothing. Must suck for him. I have accepted my 3k loss and will be getting my account built back up by smarter trading. Good luck all. Brush the dust off and get back out there :)
We all knew it was a virtual office that's the first thing posted about CRGP when things went crazy
Kind made Jason the TA lies to us haha saying he didn't know about it. Well Jason your getting sued. :)