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Tell me, are you hoping that peeps on this board can't/don't read?
That is merely a notice to CERP's attorney, reminding her that she still needs to file more paperwork. If you had posted the rest of the info found on that website, everyone could see that 2 of the missing items (red) are due by 02/18/2014. The rest of the items are due by 02/24/2014. So as long as she files those forms/reports by their due dates, the BK is still in force.
We'uns here in Indiana have this new-fangled thingy called an 'inter-web'. ya'll can file from anywhere in the world with just a couple of keystrokes.
GLTA
Facebook & Twitter pages seem to have disappeared.
GLTA
Had to change my mind...
Called 10 brokers, 6 won't let me buy and 7th just laughed at me and hung up.
With my luck, I would get stuck if I used one of the other 3, when the SEC decides to start doing its job.
GLTA
SHAME ON YOU!!!
You can remember my laughter too..
Every sub-penny stock, that has been relatively dormant, has someone claiming 'MJ'. The problem is they are all late to the play. Sure they may move some, but they will never see returns close to the MJs that have been around over a year.
Although, MJ is more current than Fracking, which is what our resident insider is claiming.
GLTA
??? Might want to look again...
I sold out over 20 million shares since things started happening last month, every single sell was @ .0002.
A-trade won't let me buy any back due to DTC chill, probably a good thing. haha
GLTA
Oh remember the good-old-days, about 2 years ago, when somebody hacked the PIHN website and posted that clown there?? (No it wasn't me, I just saved the picture.)
It created all kinds of conspiracy theories and speculation as to its meaning.
I think someone even mentioned, jokingly of course (I hope), that it must have meant that the 'Insane Clown Posse' was going to buy in big. haha
GLTA
You can't buy either?? I was just going to ask who you use!!
Regret what, my broker won't let me buy!!
Called a couple other brokerages and they are all telling me something about a DTC chill and something called trade-for-trade.
I guess they have to physically deliver the shares from one broker to the other, can't be processed electronically anymore.
That is probably why they won't transfer Kuni's shares to the new owners. And he is too fat & lazy to do it himself!
Sounds like Kuni got caught in the DTC chill, serves him right.
!?!? WTF !?!?
Brokerage is saying I can't place any orders!?!?
Something about a DTC Chill!?!?
Anyone see it on L2 yet??
It should be there by now??
OK.. Here we go, I'm putting a buy out there that will give us our largest volume in over 6 months. That should set off some alerts, and wake some people up.
According to L2, it looks like I'll have to go a little higher share price than first planned. But hey, when it hits that dime, I'll be able to pay off a few debts..
And click to place order.....
Kidding about what?? I had almost forgotten about that little ^$#@^$#, and then you bring his name back up.
So, since they can't transfer the shares, are you saying that he still owns a chunk of this?
Wait.. Why are you bringing up Kuni?? You've been insisting for months now that he is gone, and now all of a sudden you bring him back up??
Not so sure now. I've gotta decide soon, some of my sales are going through and I don't want my money just sitting around.
Gold, you have convinced me!!
I'm clearing out my other stocks, so I can put as much as possible here. I'll probably be able to buy a chunk before close today.
GLTA
No problem, I just wish it could have been more upbeat.
GLTA
The AS always remains the same unless stated (and filed) otherwise.
All day-to-day activities are still ongoing, at least in theory.
The company is still in operation, and the plant may still be in operation after the auction. But, after the auction, all assets: the patents, the machinery, the sales orders & contracts, office furniture, even the toilet paper will belong to somebody else.
The company defaulted on the loan from Horizon, and they are exercising their rights by holding the auction. Due to the default, they actually control the company's assets. If they go through with the auction, whoever buys the assets will decide if the plant keeps producing or they lock the doors.
But at that point it won't matter as far as the shareholders are concerned, because they no longer have anything but the remaining liabilities.
And since the shareholders voted in the board, there is very little recourse.
GLTA
Strictly speculating here, but...
What if Frederic announces the 'cure' tomorrow morning, and it isn't as bad as some are speculating.
And then Monday or Tuesday he announces a so-so contract.
And then Thursday or Friday we hear about a game-changer contract.
And then, while we are still speculating, Tuesday or Wednesday (just a couple of days before the RS) we find out that there has been a settlement in the lawsuit.
Where do you think the SP will be then?
BUT BE CAREFUL!! The only shares that can be sold at the open on the first day of the split will be directly from the company, which means dilution.
GLTA
According to the 8k, the RS will be effective Feb 21st. Not sure whether that means at open or at close, we just need to keep checking the 'Daily List' here.
http://www.otcbb.com/AllDailyList/
Any shares purchased prior to the time it goes into effect will be split. Usually it takes approximately 20 trading days to process the old shares into new ones, so most of the split shares will not be trade-able until around March 21st. (There are a few brokers that will let you trade them, but according to FINRA, they are not supposed to.) Of course the new shares can be bought and sold immediately, that is why most traders avoid buying pre-split because they will have to sit and watch the action unless they have cash available to buy new shares after the RS. The first few days will be very volatile and some good money can be made if you are very quick and not greedy. But this is also when the share price will take a big hit, I will be surprised if the SP doesn't lose 30-50 percent in those weeks.
GLTA
Well, they probably won't be able to RS until they get re-instated as a Nevada Corp. Status is 'REVOKED', almost 2 years behind.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=AgVhu28LFHJVrDBGK7BRaw%253d%253d
Will cost $ 6,750.00 to re-instate, as of today. And that will only be good until June, will need another ~$3,000.00 then.
http://nvsos.gov/sosentitysearch/FeeDetails.aspx?ctok=AgVhu28LFHJVrDBGK7BRaw%253d%253d
GLTA
But if someone sells 1,000,000 @ $.005 and can buyback 1,666,666 @ $.003 then if it hits $.01, like many here are dreaming, they walk away with an extra $6,666.
Everybody has their own strategy. Believe it or not, some even scream 'Don't sell!' while they themselves are trying to unload before it crashes.
GLTA
They are going to let Robert handle getting the patents, he is sooo good at that.
Sorry, for some reason I keep having problems with double posts from home.
GLTA
flaflyersfan, the reason FS hasn't said anything yet is also the reason the share price held up here today. Until Horizon or some news source puts out a public announcement, the only people that know about the auction are the shareholders on this board and a few that saw the ad in the Indy paper. Everybody else just saw today's action as just another day in the life of CERP's share price volatility, and probably picked up some more thinking they were getting a heck of a deal.
IMO, they will start second guessing themselves tonight and over the next few days after seeing that the daily lows are lower than usual. And soon they will find out what is happening and will spread the word to all of their friends that the 'stock of the year' that they recommended to them last year is going bust. I think Scheer has until Friday, maybe Monday at the absolute latest, to put out a PR trying to calm fears.
There is still a possibility that he has a rabbit or two to pull out of his ass, but I'm not willing to bet on it anymore. Sold this morning, and luckily am walking away with only $100 loss plus commissions, after playing this off and on for the last few years.
GLTA
OK...
So another 50:1 RS. And so soon after the 2000:1 !!
The .0038 was a copy & paste from your post. And you might want to look again, it's back there...
Yeah, I got out yesterday. Hanging around to see if they can get things straightened out here. Plus, I may play the RS for one quick flip. Been able to time them right a couple of times before, but have also missed, we'll see.
GLTA
Maybe got into some of that MJ that is supposedly coming here.
GLTA
Where do you get this info??
That PR is from the failed merger over a year ago.
Where does it say that??
Actually it does suggest ther will be a Reverse Merger, which will be impossible here without a RS. The AS is too massive to doi it without one.
GLTA
Sorry imiloa I don't trust this situation as far as I can throw Mark. Thinking back on that other Newbauer stock, the three big volume runs there were followed by surprises. One resulted in the DTC chill, another one was followed by the RS, and the last one... well you know what happened with that one.
Claims that Mark isn't here anymore are bogus, he is still a major shareholder per the most recent financials, and is still listed as a board member per the OTC markets site which was just changed last week.
It actually looks like he is trying to change things, having assembled a true BOD not just him. But I just can't take any chances, maybe after the RS (and I guarantee it will happen soon).
Finally sold mine at 2 today averaged at 1, so I doubled but it took over 2 years. I honestly wish everyone here the best of luck, but don't hold any longer than your nerves can tolerate.
GLTA