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The flippers are back!
Only one .0031 left!,,,,,
.005+ is way doable by the EOD:)
WOOT!!....here it goes!
No rush....this thing is going to rocket soon...just a matter of time.
The "you know who's" are starting to show up....you know this has to be good!
SNSS was like this last year.....Huge PR and it didn't budge until the next day then 300%...once it popped....it was a sight to behold!
In the United States, Medicare spending on Alzheimer's disease is estimated to total $160 billion this year.
Starting to move now....glad I got in when I did!
Yea I dont know whats going on....this should be ripping by now..Late run I guess.
This new patent from the USPTO is yet another important milestone for the Company and is indicative of the type of ground breaking research we do that is aimed at discovering and developing drugs that can fundamentally transform the way Alzheimer's disease is treated and ultimately prevent the onset of the disease
ntellect Neurosciences, Inc. (OTCBB:ILNS), a biopharmaceutical company with an internal preclinical and clinical-stage pipeline and licenses with major pharmaceutical companies covering products in late-stage clinical trials, announced today that it has received a new patent from the United States Patent and Trademark Office ("USPTO") in relation to the Company's RECALL-VAX(TM)technology platform.
How come this isn't up 300% yet?
OMG>>>>>its still alive!!!.....
Not a lot of trading.....Everyone is holding!!
Me thinks that the shorts are going to have to cover before they exit the position....were going up Monday!!
Smith....don't worry about it. It will gap up on Monday AM as usual and you will be back to where you started.
If this board has learned anything yet it should be that if there is a dip....BUY MORE!!!. Friday is not a good day for pinks. A lot of people sell off over the weekend and take profits. And lets not forget folks....CWRN has provided Many with HUGE PROFITS ALREADY> and lots more to come too!
Cool Video......shows how simple the extraction process is. No blasting through rock etc.
When they go into production in April this will be at multi pennies....just too much gold and too easy to process...This is going to be like another CWR# for me!
There was a lot of dumping at the open.....I think its over for the day. Unless we get to .0001.....one can only wish:)
2 Oz/Ton is a huge find! Normally they measure yields like this in grams per ton
I got it thanks!
CWRN is getting a lot of press!.....Tomorrow is going to be another great up day! I'm hoping for .05. Everyone please remember to post pertinent fact about the company.,....there are so many new
eyes here.
There is plenty of photographic proof of what is going on in the stickies.....I suggest that everyone have a look. Pretty cool really:)
something like 30% of yesterdays volume. They are watching this really close right now,,,believe me....lol.
THE BULLS ARE IN THE LEAD!!!!
And there are 8 years worth of shipment to come from that mine!
12 million already.....Wow!
going to .03....:)
Up we go:)
The CE is there because everyone knows that Bob didn't pay the $3500 fee..everyone knows that the company was never promoted.
TLC'S POST
Yes, I am, but thank you for referencing your original post in December. There are many new eyes on the board who may not understand the details of the company plan outlined since November or what some of these items mean for CWRN shareholders.
* 60% share buyback/retirement after first revenues
* First revenues come from first iron ore shipment ca March 17.
* Existing sales contract with Chinese buyer and Documentary letter of credit means payment in bank as soon as the ore is loaded in Ensenada.
* Projected $30+ million in 1st quarter revenues.
* Current financials and updated share structure available mid-to-end of April.
And everyone needs to remember this is not an exploration stage company. CWRN is a production stage mining company. "The Baja Pacific Iron Mineral Mining Operations have now moved into continuous operations for Extraction, Processing, Grading, Trucking, Port Stockpiling and Shipping."
If you're new, read the stickies, review the numerous photos, read microcaps post history with very thorough explanations, among others.
From the Jan 31, 2011 PR:
"Contract for sales and the confirmation of the buyer's Documentary Letter of Credit on incoterms CFR, export from Mexico to the People's Republic of China has been completed."
Once we get it in the ship...its in the bag! Pretty much a given at this point barring a natural disaster.
When was CWRN ever promo'd?
Correct me if I am wrong but hasn't all of the ore at the port been pre purchased and the ship to be loaded before payment?
There is a buyer and he has already bought the first shipload if I am not mistaken
I think everyone learned a very important lesson yesterday.
Onwards and upwards today! Everyone is going to come back and with any luck we will be at or over .03 today!
Microcaps excellent explanation of the share buyback/retirement plan
Great work.....it's worth re-posting. Actually this should really be in the sticky notes. *hint hint*
Regarding questions in PR about buyback and retirement of shares,which have been twisted to mean something negative.
In the PR's,"buyback" applies to buying back ca 60% of float, whereas RETIREMENT applies to retiring possibly the same % of BOD(Board/insider) shares.
This is a rather common procedure when companies make the transition to substantial revenues. The best companies in the 1 to 2 dollar price range reduce shares to ca 20-50 million because otherwise shares are undervalued vis a vis book value and revenues and thus prevent hostile parties from buying the company cheap on the open market etc.
There are 2 different things that will be occurring
1)BUYBACK of 60% of the float
2)RETIREMENT of a % of BOD shares-they don't "buy back" these because they already own them-thus the wording STRUCTURED PLAN COMBINATION of buyback [of float] AND RETIREMENT [they retire BOD shares in a structured manner as % of float is retired]
Examples of structure:
1) for every share of float bought back,one BOD share will be RETIRED
2) for every 10% of float bought back, 10% of BOD shares will be retired
They also say they don't see themselves on OTCBB past 2011-this is an important clue-because,in the calculations I and ITMD worked out, the only way they will have sufficient share price to move to major index in next 12-18 months is to retire a significant % of shares held by the directors also.
The PE ratio could easily be 50% or more higher on major exchange because pinky land penalizes revenue producing companies(who are no longer speculative,while usually-but not in CWRN's case- ridiculously rewarding speculative future income w share price 20 to over 100 times book value)-which is one reason they would want to move to a major exchange ASAP.
By RETIRING BOD shares in a STRUCTURED ratio IN COMBINATION w BUYBACK,they increase share price sufficiently to move to a major exchange(w one dollar min share price) in possibly 15 months-otherwise perhaps twice as long or more.
So retiring BOD shares in COMBINATION w buyback of float actually increases BOD (and float)valuation because they will get a higher PE ratio on major exchange and thus insider shares AND float will be worth more than they retired.
Nov 22 PR:
2. Review the issued and outstanding public share structure and vote on the number of common shares that will be made available to the public[that is,decide how many shares they want available in the float, for]. The Company is contemplating a treasury BUY BACK program for sixty (60%) percent of the public free trading common shares[FLOAT] in year 2011.
Officers, Directors and Affiliates [all of which are insiders] currently hold over sixty (60%) of the outstanding common shares . The B.O.D. has voted to incorporate a STRUCTURED Plan that will provide for a COMBINATION of BUYBACK and RETIREMENT of COMPANY[i.e,BOD shares] common shares that will balance[probably keep the same % of insider shares vs the float] the control of voting shares in favor of the Management. At this time all of the Officers, Directors and Affiliate company Pan Am, each holding more than ten (10%) percent of the outstanding shares and are subject to SEC rules regarding trading of said common shares.
3. Review the common share count percentage held by affiliates and insiders[w a view toward retiring a % of such shares]....
By consent; the Directors of LLC., U.S.A. shall RETIRE by deleting a percentage of common shares now held[by Board] as[at the same time as float is bought back,company shares will also be retired in a structured plan COMBINATION] new common shares that are accumulated through the public market[i.e,buyback] beginning in the later part of the first quarter of 2011.
This is referring to retiring a % of insider shares.
If they buyback 60% float,they may also retire 60% of insider shares to maintain same % ownership by insiders vis a vis the float.
The PURPOSE is to REDUCE TOTAL SHARES ASAP to raise share price to facilitate the earliest possible move to a major exchange ,where the games played by certain negative special interest groups will not be efficacious.
PR points on the subject:
9-30 PR: 'item #3 Review share count held by affiliates /insiders"-what for-Bob and his family are the insiders -they already know # shares they have, so in context of item 2, see:
11-22-10 PR item #2 talks of buyback and then says BOD hold over 60% of common shares.
"The BOD has voted to incorporate a STRUCTURED PLAN that will provide for a COMBINATION of BUYBACK AND RETIREMENT OF [the companies-that is insiders] common shares[i.e,BOD shares]......
The previous ref to 60% ratio implies they will keep same ratio(make sure BOD has voting control-normal)
BOD voted to retire BOD shares in COMBINATION w buyback.
The ingenuity of people w ulterior motives to misdirect/destroy is amazing.
The buyback and retiring of perhaps 60% of TOTAL[both insider and float] shares is an EXCELLENT thing that will greatly BENEFIT ALL SHAREHOLDERS.
There is no cancellation of all shares as somebody intimated.
Great post Micro:) The future is bright for sure
Bob made it clear that he was going to buy back shares on a per ship load basis. This is a great way to do is as it will spread the expense out over time.