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there is also someone who is accumulating shares and those people will not sell them for a long time .
Uhh yeah, like all the people who have bought from 200$ down to 12 cents. Anyone holding and accumulating at this point deserves to lose every penny and surely will.
Good point nwar! Maybe that explains the reason why they want to see screenshots of each individual shareholders proving they own shares of CRGP
The fact that they would even consider screen shots as some sort of proof is what makes it the biggest joke ever. Anyone can fix up a screen shot to show ownership in a matter of a couple minutes. IIRC a while back another scam did this and someone as a joke sent them a fake screenshot and got sent a cert for the divy shares LOL They are worthless so the company does not even care who they send to. They just want to keep the suckers buying.
care to explain why the company would be dumping new shares after their so-called scam and really in just 1.5 days before the halt?
Considering they just ripped off 3 million dollars or so, the folks in cahoots with them likely wanted to be rid of as many shares as they could be.
That is likely YA Global dumping their pretty much unlimited supply of 49% discount shares on suckers (Could be Vinny the criminal or others as well possibly). The T trade is the market maker settling up for the day after dumping the big position.
How long till till they raise the A/S to a billion?
He is a lawyer and has probably forgotten more about this stuff than you will ever know.
Do you even know what toxic convertible debt is and the record of companies that have gotten in bed with YA Global?
ROFLAMO! Oh,Yeah except those millions of dollars of toxic CDs from YA Global mean with a 99% certainty that the stock and company are toast. Anyone who actually spends five minutes reading up on this company can see they are completely toast. The OS has already more than doubled in a few months and will double again soon, they even gag the TA like a common pinky fraud. Meanwhile just to pay management they are going to have to sign on for millions more in Toxic debt. This stock is headed only one place and that is ZERO.
It will be a interesting week for CRGP.
The opposite is a far better bet, volume will dry up a bit more the stock will maybe hit a new low or drop a point or two. The company will say nothing..... The only thing interesting to come is when more information is filed with the court in the COR case. Outside that it is highly likely nothing much is going to happen.
This below is the name in the link, so what does it have to do with CRGP? It is a mining company owned by the Chilean government. Geeeeez.... The junk is made by a bot that scrapes the net it is less than useless.
Corporacion Nacional del Cobre de Chile : Company Profile and SWOT Analysis
That is like saying that "Acme plumbing LLC" has something to do with "Acme plumbing and minerals". They are not even the same name.....
It is called risk management and looking out for their customers. There is nothing for them to regret. The problem is that many would rather believe in bizarre fantasies instead of just applying some common sense and spending a bit of time to get an understanding of what has happened.
Actually they are a broker for their customers not some nefarious tin foil hat conspiracy.
No it is outright bullshit. Anyone who has actually read up on the case and has half a clue as to what COR does knows that.
Because there is someone who has them. This is really basic stuff....
Joe offers 100 shares for .01
Mary bids for 100 shares for .01
Market maker sells 100 shares to Mary for .01 (he is short for a minute)
Market makers buys 100 shares from Joe for .01
Market maker is flat, Joe and Mary are happy the trade is marked as short in the daily numbers because the first leg is a short.
They sure do like slapping the face of shareholders don't they? Pretty darn cruel. Then again only a complete idiot would hold this stock after reading up on it.
well how do you explain the daily short volume the past week in the millions? that number should read 0 everyday !!!
The problem is not the number, it is your lack of understanding of what that number represents. When a market maker matches a trade many times they will sell shares to the buyer first, then buy from the seller. So the trade is done the market maker is flat and both parties got what they want. That trade is marked as a short sale in those numbers because the first leg of the trade was short. Yet nobody is short in the end. Those numbers are absolutely meaningless as to actual short positions. One needs to consult the bi-weekly numbers for that.
Bullshit, That information is useless. This fraud won't tell anyone the float or O/S. One can derive that the O/S was nearly 160million shares a few weeks back as they stated how many voting shares there were in an 8K.
The OTCmarkets information is hopelessly outdated. The company quadrupled the A/S and sold ~5million dollars in convertible debt that converts at ~50% of the VWAP. The O/S has pretty much doubled in the last few months and will balloon much further in the near future.
most of the past toxic note criminals could have all converted to shares and have sold out by now,
Try reading the SEC filings, there are millions and millions of more shares coming that convert at a 49% discount to VWAP.
People sell the news because the stock is worthless. It is a scam with millions of dollars of extremely toxic convertible debt. One would have to be a moron to stay long this stock for any period of time.
Nonsense. It is an obvious fraud. Everyone with any sort of experience or commonsense can see this was an orchestrated fraud by CRGP. The DTCC, FINRA, SEC and such are all surely well aware of that.
I would not be surprised if the suit is mainly for the sake of insurance. They must full well know their money is long gone and that nobody even exists to sue.
Uhhm, I suggest you read up on what stocks are.
Nobody needs to do anything to PTOI as the scam has collapsed on its own as all penny stock scams do. The insiders walks with big money and the rubes get left holding the bag.
who knows how old those satellite pics are
Anyone who looks at them does as they are dated, they happen to be quite recent.
You own shares in a private company then. So there is no market for them. It is the same as if a stock is revoked.
Wrong. They have to pay premium to the left over share holder to be clear. Come on man, do your DD lol
Nope, nothing whatsoever will be paid out. It is that simple.
You are welcome to prove the company has mines, since nobody has yet. It is incredibly easy to do if they exist isn't it?
Same, IIRC he had something to do with the DPBE (or whatever the Wilf Blum scam ticker is/was) It was either that or PSGI the Roger and Donna Mohlman scam that tried to sue me and a few others.
The dividend was funded from someone otherwise it would not have cleared.
You must not have read about how the company took off with millions of dollars they defrauded Cor of. I suggest you do as it is what this scam is all about.
Nobody believes that. It is no problem as long as you can get a borrow and pay the minimum 2.50 share in margin. The greysheets are a different matter though.
How can I get real answers?
Considering the company pulled off a multi-million dollar fraud against a clearing house you are not likely to ever get a hold of anyone.
Every single penny scam that has revoked. There are hundreds of them.
No they do not. The company becomes private and then you own shares in a private company with no market to sell them in. It is a 100% loss for shareholders.
It is a 100% loss.
Scottrade won't let me buy damn!
Lucky you, as the company shares will soon be zeroed and 100% worthless.
No actually the company did it when they ripped off 3 million dollars. You see there are agencies that look down on fraud and will take steps to make sure it does not continue.
Who cares what a court says, anyone with more than three brain cells can see this stock is a blatant fraud.
Except this is even worse than most of them. Most of the suspensions were abandoned shells. This one is a fraud run by a known people who ripped off COR for several million dollars. The mines don't exist and the CEO doesn't either. There is ZERO hope for this stock. Even most old abandoned shells are not so obviously dirty.
99.9% do is that good enough odds?