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those crazy people buying 200-300 yesterday.. damn
Yes, they are trading on the grey now. I can see volume but no quotes etc. I'm hoping for a statement from CRCW soon. The silence is probably due to legal council, which is annoying!
Just an Observation: 99.9% of penny stocks are just total scams with share structures in the billions. Even if CBRI doesn't dole out 2c per share, or R/M, etc.. the Share Structure could easily be bought up enough to run hard.
imo
There are more MM's on $CBRI than Snapchat.. it's weird
or it's up a large % in a short time and people are taking profits.
I see that Legion owns a decent amount of shares, but doesn't the link that is sticked show them selling nearly a million of those shares in Nov?
Please correct me if I'm wrong. i'm just passing by.
All true, but when a company increases their A/S from 750m to 6billion, they have ever intention to take on a lot of debt, which ultimately leads to dilution and destroying the pps. There will be opportunities to play bounces and such, but...
It's cool the commons got saved, but there isn't any inkling of a R/M from what I've read. The SS and highest volume in a year is what drove the price up. La casa de papel!
Edit: Could keep running up too! who knows
Damn, I didn't realize they increased the A/S to 6 billion. lol this is fkd.
There is no question the pps will suffer because of it going to the grey market, but my question still hasn't been answered. I see nothing illegal in their filings.
Sorry the ihub iOS app is pretty buggy. What I was going to ask you, was have you gone through CRCW's filings? After I did, I saw nothing illegal. Thanks in advance.
SEC could find a reason to suspend trading in 99% of all OTC. pink stocks, but they won't
Janice when a Supreme Court Justice publishes a statement regarding their decision, it is referred to as an "Opinion". There are legal reasons for why that is protocol, and will remain such. To suggest that $RMRK is going to be suspended is ridiculous and out right callous in my opinion.
Very interested to see if $CRCW has a formal statement on Jan 3rd, and counting down the days $RMRK goes current! Very exciting.
Anything, and everything someone writes, is by definition, their opinion.
I agree, the otcmarkets website states that they are delinquent, but suggesting that RMRK will be suspended is ridiculous.
-In my opinion
I respect your opinion, and I hope you respect mine. CRCW cleared RMRK's liabilities and paid for the auditing. The CEO has stated the auditing has already taken place. RMRK will go current. CRCW will utilize RMRK in some form.
Anything written on this forum is an opinion and should be stated as such.
Have a great night.
RMRK isn't required to file via SEC regulations, and will not be suspended. Easy read, you should check it out when you have a chance:
https://www.sec.gov/reportspubs/investor-publications/investorpubsmicrocapstockhtm.html
SEC doesn't give two shits whether they paid for marketing or not. They care that the website doesn't say what the compensation was or wasn't. What's weird, is they just have a generic legal disclaimer that states they maybe do it for free, for money, or for other compensation (shares).
That website is the one at fault IMO. CRCW shows marketing in their filings.
They spent 50k in marketing. How much do you think a normal company spends in marketing for commercials, radio, web, etc?
You realize Apple had a 7-1 F/S in 2014, right? An individual/individuals file a complaint, and SEC flagged CRCW for review because it's price went up a stupid amount because of the lack of shares, and it's crypto related. Everything has been transparent and filed to the letter of the law. There's no way CRCW stays suspended. imo
definitely encouraging
I expect an Anavex move if everything works out like I expect. Run up and then R/S to uplist on Nasdaq.
What it did was make RMRK even more likely to be the beneficiary of some or all CRCW assets.
Its generic ambulance chaser lawyers looking for people to give them money. Happens every time something occurs for a stock. Unless you need some tax loss, I would wait to bail imo.
RMRK's financials are already being audited and will most likely be filed around Jan 3d.
Janice is a great source for generic securities information, but don't bet the bank they have anymore clue about what the SEC is going to do regarding CRCW and whether they will or will not merge or transfer assets to RMRK.
Janice even wrote in a recent post that CRCW will probably merge with RMRK to avoid the suspension. Whether FINRA or SEC is happy about it is beyond pointless. Every move has been filed by the letter of the law. Good luck stopping the inevitable.
One of the best posts ever on ihub. Merry Christmas to you and your fam.
Geo, You are correct to trade via techs during this period, but I would keep a core position, which is probably around .0004-.0006. One glimpse of good news and this goes up 100% in a hour, and a hell of a lot more if RMRK files their financials, or CRCW gets re-listed (which I expect to happen soon after Jan 3rd).
I'm expecting an Anavex type move in 2018, with a Nasdaq listing.
IMO
3 days until the next trade, and then 4 days until 2018. News is coming. Guarantee it.
It's a combination of profit taking, and coinbase opening up Bitcoin Cash for trading. It'll stabilize.
Reached out to Crypto's PR firm - I'll post their response when they get back to me.
Janice is only scary to people pushing scam trash penny stocks. I'd advise anyone on this board to follow them and learn. They are one of the most knowledgeable people on this website without an agenda. I started trading over 18 years ago, and I still consult Janice Shell whenever possible.
just my 2c
one of reasons i bought another 2 pack today. Janice knows their stuff.
Also picked up another 2 million today after reading through crcw's filings again. There was nothing that wasn't accurately reported. The crazy price action has to be the only reason this was targeted, which won't hold up after Crypto's lawyers layout their fix for the lack of liquidity (merger/acquisition of RMRK).
I sold a bunch a few days before the crash, but kept 1 million for the long haul. I think that million will easily double once 1 of 4 things happen: CRCW gets listed again (which i think will be jan 3-4). RMRK files financials. CRCW files their plans for RMRK. CRCW juts flicks off the SEC and assumes ownership of RMRK.
Janice Shell post:
What will happen to RMRK(shell)?
Good question. I think CRCW, which effectively controls RMRK, may try to reverse merge into it, to avoid the consequences of the suspension and delisting to the Greys.
already is
Hey Janice, just a quick question about CRCW stock suspension. They are suspended until Jan 3rd, and otc had them listed as "suspended" and today they have them listed "grey". Do stocks normally go grey before a suspension is lifted?
crcw is already listed as grey per https://www.otcmarkets.com/stock/CRCW/quote . Does that mean they'll be back to normal status by Jan? I thought they were going to be suspended and then grey? Anyone?
YUP. Here's the article:
http://markets.businessinsider.com/currencies/news/the-crypto-company-halted-by-sec-2017-12-1011645915
I'm digging for information regarding the Nov allegation.
The company has pushed back against the SEC’s allegations.
“We are fully reporting and get halted,” CEO Mike Poutre told Business Insider Tuesday morning. "SEC is sending the wrong message. We are working with counsel and will handle things appropriately."