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Timothy J. Owens ran a pump and dump at DKAM..
Ironic how he left for medical issues not long ago..
On January 20, 2015, the Company’s Board of Directors accepted the resignation of Tim Owens as both as Chief Executive Officer and as a Director of the Company due to health concerns..
If my memory is correct a run from trips to .025 took place
For the full year of 2014, net income is anticipated to be US$18.0 million, an increase of 15.2% as compared with US$15.6 million in 2013.
PPS 3/31/2014
$4.50
PPS Currently
$1.12
L2 was acting funky yesterday for Creg.. Could have been connection error I suppose.. Short reports I pull show zero. I'll be happy with a close at or above 1.11 today :)
Spot on! Well Said!!
Thinking someone is short here and unhappy...could get interesting
Congrats to those that added down here... Up we go.....
Need to call directly..etrade
Because the shares were bought at .00002... Hell I'm calling in an order for 100M tomorrow for .00005 and I bet it fills by end of day..
Still could be taken down more till then.. Time will tell
Reentered a nice position down here...
Notes now convert at .00002
EWSI Closure prompts immediate action from ATR. E-Waste Systems Inc (EWSI) located in Geneva, NY continues to struggle.
EWSI Closure
Photo provided by Finger Lakes Times
EWSI who was evicted from its Ohio location late in 2014 for failure to pay its employees is now facing the same allegations in New York state. According to the local story attached, EWSI is believed to have a significant amount of CRT glass housed at the location, and is again accused of failure to compensate employees between mid October ’14 and January of this year.
Buzz Zeller, ATR’s Director of Sales and Marketing stated “Advanced Technology Recycling an R2 Certified Electronics recycler with 6 locations nationwide, stands ready to accept current clients of EWSI. ATR has a facility strategically located in the state of New York in the Buffalo area at Tonawanda, NY and will assist any and all clients who have been abandoned by this closure action.“
City IDA unsure what remains at E-Waste facility - News - Finger Lakes Times
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City IDA unsure what remains at E-Waste facility
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By JIM MILLER jmiller@fltimes.com | Posted 2 hours ago
GENEVA — The city has not yet done an inventory at E-Waste Systems’ space at the Geneva Enterprise Development Center (GEDC) on Genesee Street to determine what — if anything — the company left behind.
The city Industrial Development Agency, which owns the site, locked the doors last month because the company defaulted on its lease, City Manager Matt Horn said.
“...[We’re] still working to resolve the lease issue,” Horn said last week. “I don’t have a good timeline as to final notice, but once that happens, we will inventory the space and begin working toward removal of any material. In my experience in the space, there are very few items I would classify as ‘hazardous.’ That said, we will strictly adhere to any DEC guidelines for materials that we discover with limitations as to disposal.”
The electronics recycler occupied some 50,000 square feet of space and typically filled it with mounds of televisions, microwaves, printers and computers awaiting disassembly. In June of 2014, when the Finger Lakes Times profiled E-Waste as its Business of the Week, the company had about 1 million pounds of material on hand.
What eventually became E-Waste’s Geneva facility opened as 2trg in April 2011. E-Waste acquired 2trg’s assets in December 2013.
Thirteen local employees filed suit against E-waste last month. They said the company stopped paying them Oct. 18, even though they continued working until the city locked the doors.
London-based E-Waste did not respond to multiple requests for comment on the payment issue. Horn said the city is still trying to resolve the lease situation.
“For now, we stand ready to support them but will begin developing plans for transition in accordance with the lease in the near term,” he said.
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Looking for 1.02 to hold and a move back up today..of to corporate America. Good luck
This could be taken down to the .90 range tomorrow.. Needless this will recover very nicely short term IMO..I don't suspect to see any holding forms filed due to standard blackout policy..
Sold down to my 1.05 bid and filled nicely.. Watching close but also see a continued move up
The cash on hand is left over from the nasty notes they continue to issue to pay bills.. At the start conversion was much higher.. New notes were issued to pay expiring notes.. That has stopped and the company has provided no guidance as to the current condition of them. The issue at hand is the 180 day grace period which has now passed and the notes can't be prepayed..converting at .00009 reduced to .00002 if there is ever no bid..
Last time I checked this company has been in business for 25+ years.. Not a startup by any means... On the verge of bankruptcy more than anything.. Weedhire looks like no more than a last ditch effort to raise much needed capital....
That's part of it.. A reason I loaded at .70.. Looks like we challenge the 1.18 area.. Watching for breakthrough and run to $2+
Still waiting for the reverse merger leaving common holders with nada... Any day IMO...
They have filed right after in the past.. I'm thinking it's not. CREG has a history of major moves in its history..
The money is if the note holders can make this no bid. Conversion lowers from .00009 to .00002..
CREG HAS GONE PARABOLIC!!
Loaded at .70 last few weeks.. Easy runner over $1.00
2013 they each made $375K.. Gail B who the let go in early 2014 made $358k.. Over 1M in salary... Exactly why they need Weedhire..the doors were about to shut down..
I've followed this company from the start.. Seems they came to the otc to fund a failing reverse electronics business.. With a major client loss, Weedhire was born.. To believe it was done for any other purpose is a joke..
Losses have grown Q after Q..the latest 1.3M in Q1.. Q2 will exceed 2M IMO.. This company isn't new... Founded in 1992 this year makes 25 years and they still have yet to right the ship...
Typical COHO fashion.. Support disappearing after a day's move up..
Partial fill at .0001 this am.. Let's see where this goes
Ironically yesterday was the 75th and last day of the so called HTA closing deadline.. Today's action could mean it closed... More than likely someone just trying to bring interest IMO
Looks like next stop is .008.. Then .01.. Don't get greedy
I'd love to see the supplemental filing.. Very odd it wasn't uploaded same day per the norm..
I exited before the drop of the first run to .01..Second half of 2014 got caught up in a nasty scam I couldn't get out of.. Out of otc for a bit now..keeping watch on a few tickers that have potential.. COHO is too pricey for me given the risk
For those who aren't playing this for a flip keep this in mind..
September 2013
Prepaid expenses consisted of rent in the amount of $900 and employment agreements on key officers’ of the Company. Common stock was issued for 73 million shares
in the amount of $128,500 for the two year employment agreements. See Note-G.
In September 2013, the Company executed employment agreements for the officers’ of the Company upon the terms and provisions and, subject to the conditions set forth in the Agreement, for a term of two (2) years, terminating on September 30, 2015, unless earlier terminated as provided in the Agreement. The Agreement included restricted common stock aggregating 73.3 million shares at an average price of $.00176 per share. In January 2014, the Company elected to suspend the employment agreements until further notice.
These shares where issued for two year employment, contract was cancelled.. shares not returned..
Good luck all.. This should run a bit
Meeting doesn't need to happen now that leaders hold 51% of the vote as of 1/26 with the purchase of series A they made for $500.00 each..
Look back six months and the same increase happened from 200M to 3B AS. Glad I exited then when many said it was for growth.. They now sit at 1B issued and another HUGE increase to 30B.. Makes sense with the PPS where it is.. 25k converts to 500M shares at .00005 and would yield the note holder 100% out at .0001... All they gotta do is keep interest... They most destructive schemes have legit operations... Be careful
With an increase to now 30,000,000,000 AS ( yes that's billion) and notes as recent as late December convertible between .00001-.00009 this won't bounce to high IMO.. Seems to me the company is still bleeding cash out the a$$ with hopes it may turn around...
Still can't laugh about this loss...maybe over time..investors lost a ton... Nothing compared to the contractors and employees who believed in the vision..
I'll be a buyer when and if the time is right. Flood gates appear to have started to open.. Good luck...
P.S I know of a GREAT non profit that deserves money if your willing to piss it away
Get out fast. 10's of millions about to follow today's action
Looks like someone has shares to sell.. Each time a 13G was filed with what appeared to be a favorable share structure this tanks hard..