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Again I apologize for NO OPINION, it does seem that the lacking of any opinion and just FACTUAL recorded numbers really bothers some and my "opinions" are so desired that I get thanked continuously for them even if I don't give any. LOL So I will in the future try to give some more "opinions" to satisfy the need. Have to warn though, I use a lot of factual numbers and real facts in order to make my opinion or trading and investing views. Sorry about that, but again I'm not the one responsible for the documented numbers, and smart trading and investing, especially when it comes to stocks like CRWV, uses the documented numbers and facts. So even with some real opinions, still can't change the numbers or those facts, and I'm not responsible for all the losses and pain that has occurred (or will occur), CRWV is.
Also, there will be time restraints due to that I have other interests, and trade and invest in real companies and profitable stocks.
(warning; for anyone that doesn't want to hear about real facts or numbers, please turn away or cover ears)
That takes time consuming research and REAL DD in, yes that's right, documented numbers and facts. I have already put in plenty of time with research into this POS and old P&D, and have seen all that is necessary to see what garbage this stock is or the lack of abilities to trade or invest in it are(there's an opinion for the kitty LOL). Obviously the negative numbers and facts just continue for this stock and just keep proving my opinions and projections right.
But like I said, I will try to get some more opinion out for this stock just to appease all the gratitude and "thanks" I get so that at least I can take credit for them instead of things that have nothing to do with me. But they will involve stating just the numbers and facts of this stock, my abilities and personalty just require that.
So let me say in advance, you're welcome.
Sorry, but didn't give any "opinion" or "interpretation" with the post you're referring too. No thanks necessary, I didn't do anything but state the numbers the market gave. It was only the documented trades and pps they went for, facts and strictly the numbers given not by me, but the market. I didn't make them, I didn't do the EOD $6 trade. I wasn't the one that did only 10,000 shares traded on Thurs, the stock did. The company pps hit .0009 for the 52 week low, not me. The stock has continued to go lower and lower in pps, liquidity, dollar volume, etc. No "interpretations" or "opinions" involved, just the documented numbers. Anyone can ignore them all they want, doesn't make a bit of difference to me, still does't change them.
Now I have given opinions or interpretations on what this thing was going to do in the past with previous numbers, and now even those opinions and projections have turned into fact. A few people gave their opinion and experience that indicated where this stock has now gone. Ignoring those people didn't change it either.
Ignorance in the market place that CRWV is in doesn't do anything but lose money for most investors and traders. Paying attention to the facts, paying attention to the numbers, and learning from mistakes though can be used to benefit profit instead of losses like what has occurred with CRWV. I don't make that fact either, just the whole stock environment does, and there will always be ones who ignore it. That is what POS stocks and "companies" like CRWV count on.
There wasn't one opinion with that, just factual numbers and the results of a "go figure". And if one want's to jump up and down with a 5,000 share trade of .0012 at EOD over a .0010 70,000 share trade and it took a good 15 minutes to do that, that's fine. But a $6 trade is all it was to make that close, just fact. And it isn't bouncing off those trips it's punching through to them with the .0010 being some emotional "line in the sand" (what little it is). Facts are that the pps keeps making those lower trade levels over and over and is just a continuance of that. A $6 trade of 5,000 shares doesn't mean anything but painting a chart, the bulk of what one can get for what they have is the bottom line.
But like I said with only 10,000 shares traded yesterday, and CRWV lucky to get a million or so volume makes the whole thing pretty irrelevant.
Still doesn't change the fact that it is just continuing to diminish in pps, volume, liquidity, and dollar volume. It is what it is; just the factual numbers and no opinion will change what has already become fact.
Well if one insists. Not a whole lot to be "figuring" with this. When a double zero stock punching into the 52 week low of triple zero's only trades about a million shares all day and 17 trades, it just isn't much liquidity there to even bother getting out a figure. But about half of the volume went for a 9% or more LOSS at .0010 (or lower) and most of the rest went for even pps compared to yesterday of .0011. Of course yesterday there were only 10,000 shares traded all day, so liquidity was almost zero there.
But one did get a whole 55,000 shares traded in two trades at .0012 for that big $66 worth and "9% gain" today, which gave that "gain" of $5.50 in which to take fees and taxes out of to make for the bottom line a negative number. Lot of "figure" with that one, plus CRWV is still just making lower and lower trading levels, now going into trip zeros.
"9% gain and on a friday too. Go figure."
I keep hearing about these law suits against the DTCC, but as usual this particular site does not give reference or any links for documentation on what the heck they are talking about. Just a statement that the "DTCC has also been named in a number of lawsuits that allege stock counterfeiting".
Wonder if they are talking about some old ones in which some precedence was set and would have to be dealt with by any new accusations against the DTCC. Not saying there couldn't be more, just no reference to the actual cases in order to ,verify, discuss, or analyze.
There were quite a few lawsuits against the DTCC years back about the "shorting" or "counterfeit shares". They ended being dismissed or in favor of the DTCC and the accusations were proven to be hogwash and unfounded.
Federal Court Dismisses Lawsuit Against DTCC
http://www.dtcc.com/news/press/releases/2006/whistler.php
"Naked Short Selling and the Stock Borrow Program
In recent months, there has been a fair amount of media coverage of naked short selling, Regulation SHO and even DTCC’s role in that via the Stock Borrow program operated by DTCC subsidiary National Securities Clearing Corporation (NSCC). Because there has been much confusion about these issues, and much misinformation, @dtcc sat down with DTCC First Deputy General Counsel Larry Thompson to discuss these issues."
http://www.dtcc.com/news/newsletters/dtcc/2005/mar/mar05@dtcc.pdf
"To date, nine of the suits brought against DTCC and its subsidiaries variously alleging either we ‘counterfeit securities certificates,' ‘that our Stock Borrow program reaps billions in profits' and that we ‘directly contribute to naked short selling,' have been dismissed or withdrawn. These assertions are false.""
http://www.dtcc.com/news/press/releases/2005/naked_short_statement.php
A lot of money is going over to Panama also with insiders or third parties over there getting much of the P&D take.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73387853
These "breaches" are racking up a pretty good number.
By Tiffany Hsu and E. Scott Reckard
March 30, 2012, 12:59 p.m.
MasterCard Inc.andVisa Inc.warned Friday that some of the data in their cardholder accounts may have been breached.
The companies don't directly issue credit cards – they process card transactions for the banks that do. MasterCard said that it had notified banks – as well as law enforcement – of a potential problem with a third party, “U.S.-based entity.”
An independent data security organization is conducting a forensic review, MasterCard said. The company’s own systems haven’t been compromised. Visa said the same.
“MasterCard is concerned whenever there is any possibility that cardholders could be inconvenienced and we continue to both monitor this event and take steps to safeguard account information,” the company said in a statement without specifying how many cards may be at risk.
Visa said in a statement that it had handed over affected account numbers to card issuers who would, if necessary, reissue cards. Cardholders won’t be held responsible for fraudulent purchases, Visa said.
Earlier, the blog Krebs on Security wrote that MasterCard and Visa have told banks that the “major breach” could involve more than 10 million card numbers compromised between Jan. 21 and Feb. 25. The post noted that the affected information could be used to make counterfeit new cards.
Last year, hackers attacked large amounts of consumer information at firms including Citigroup, Google and Sony.
The Privacy Rights Clearinghouse, a San Diego nonprofit organization, tallied more than 535 data breaches last year involving more than 30.4 million sensitive records. The organization, which publishes a chronology of known data breaches, said it has added up an “alarming” total of 543 million compromised records in the United States since 2005.
Director Beth Givens said that number was only a “sampling.” Not all data breaches come to the attention of news organizations, she said, and many states have no requirement that companies report breaches to an official clearinghouse.
http://www.latimes.com/business/money/la-fi-mo-mastercard-visa-cardholder-breach-20120330,0,2263673.story
Just catching up on the posts. Sounds like AQLV needs to go home and cry to mommy. Tell mommy to stop making them a public company where they just might be scrutinized by the public. LOL Stop making claims they can't back up with reputable and valid sources.
I don't see anything in regards to the "one-sided" circus pump posts, all the posts with snake-oil sales techniques, or "certain moderators" that are nothing but writing "biased opinions" only for the company's side of any "spirited debate". No problems there it seems. Nor do I see any apologies for attacking certain Ihub posters that they blatantly did at the beginning. But they will whine and cry when their own statements and actions get discredited and comes back on them.
And these kind of now documented antics are supposed to show "good business" and indicate reputability? Somebody go change the sand in their sandbox and put some powder on their rear end. Quick, I'm afraid they're losing validity and support (even though there might not have been so much in the first place). So now what? Is this a preview of just not answering the phone or will there be questions first; "Are you a Ihub member? Do you want any intelligent backup or proof of our company claims? No, ok lets talk." LOL
There is always the issue of big money or power against the little guy with very little funds or power. That has been a problem in many issues and industry and there is a lot of validity to that point. I'm definitely not one to argue it.
But I believe we have a different situation that sets it aside in this case and at least most of the cases involving the restrictions by the DTCC. In IPWG's case, the restriction was a suspension of "all services except CS (Custody Service)". That's actually known as a Global Lock and not just any "bs chill" like the T4T (Trade for Trade) and only the CNS (Continuous Net Settlement) service "chilled".
http://www.dtcc.com/downloads/legal/imp_notices/2010/nscc/a6965.pdf
http://www.dtcc.com/downloads/legal/imp_notices/2011/dtc/ope/0974-11.pdf
A poster "Mikey" stated that it was the difference choosing between being hanged or being shot, which may be true. There certainly is a lot of fodder over the terms and I just have succumbed to calling it "restrictive". But with the DTCC, it is the severity of the problems with any specific stock and with IPWG, it was basically at the highest level of severity.
http://www.dtcc.com/downloads/legal/imp_notices/2009/dtc/ope/5704-09.pdf
In my book that indicates some major problem issues with IPWG even though the public may never know all what is behind those issues. Those unknowns of course will make it appear that many of these issues are only being "punted" around; we're not privy to much of the "game plan" of any of the sides, including this company's. But some of those problem issues will undoubtedly appear before any court proceedings.
And there connects to my original statement of a different issue aside from the “big money and power against the little money and power” saga. To claim victim or declare foul, one has to be in the right and be “good business”. Being good business is not what IPWG or at least most of these problem stocks that are getting DTCC restrictions are doing.
Being “good business” is not having irresponsible, criminal, and bad business practices at the foundation of it. It is not “right” to simply be in the shell share selling business, to have convicted criminals behind it, to continuously not follow through with what the company publically implies (IE: PR’s), and only profit for the few insiders. But to actually goal and have some success in REAL proper business plans, building real equity for shareholders, follow all the rules and procedures set in place, and being a positive asset to the trading community as a whole; things that IPWG has not done and things that these problem stocks have not done.
On the other hand, the DTCC does as a whole pretty good business. Yes, there will always be imperfections, problems that need to be improved upon, and procedures that will always be revamped and hopefully improved. And they will never please all the people all the time. But they generally do a pretty good business offering a way to get millions of shares through the market at a very expedient and relatively inexpensive means.
DTCC does not have regulatory powers; those are given to entities like the SEC. The DTCC (and its subs) are only a SRO (Self Regulated Organization). They are only a business that runs itself for the most part as a business should. That is to make as much money offering good services for the best price. That's simplistic, but in essence what they do.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72243140
The very small percentage of stocks that the DTCC doesn't want to handle (IE: restrict their services) are only getting rid of what clogs up their system and creates to much risk or expense for their business and IMO eliminates some risk for the general market as well. There is plenty of other stocks and business to risk one’s money on, the few hundred stocks that the DTCC is restricting their services with are such a minuscule amount of the whole picture. Along with that, the opportunity is there for any other entity to step up to the plate and handle or take responsibility for any of these problems stocks, but that isn’t happening much either.
So that leaves me to wonder and disagree with much of the crying and moaning about the DTCC not wanting them and backs me away from the acknowledgement of the fact that big money is hard to compete with for the "little guy". But fraud, criminal activity, and bad business has become "big business". First there has to be created the respectable "good business" and valid "little guy". Until then, respect to that issue won't be fully acknowledged for cases as we have here with IPWG.
This stock is not only not trading at any worth, but it has had problems with worth for years and before the DTCC put a "Suspension of all Services except CS" (Lock) on it. It's only worth came from this company's illegal P&D in the form of now documented convicted Fraud by certain individuals that were connected to this company and also involved illegal this company's share selling and other dubious means of creating pps worth and only benefit for IPWG insiders.
Nowhere does the SEC opinion in regards to this company state DTCC "behaved badly", that's just an inference made with this company who think "badly" of the DTCC. There's a legal difference when it comes to any civil suit involving this company.
Now going over all the fluff PR's and the financials of this pink company clearly shows that this "company" will have a hard time proving damages caused by any DTCC action along with proving the DTCC did anything wrong (no matter what this company might want to think or read into the opinion). The DTCC only restricted their services for this company, there were other means for ways of getting shares through the market and IPWG did do some of that. Just not as convenient and there were likely some additional costs (but how much for the insiders of this company doing it?)
Like I stated, I've read through much of the same type statements made when there was a small rash of law suits that were similar to the court suits talked about that supposedly this company would be doing against the DTCC, which occurred about 6 years ago. All those court cases were either dismissed or favored in some way for the DTCC. They also set some precedence that IPWG will have to work around.
I personally don't believe this pinky CEO talk until things are actually made public and/or documented. So suing the DTCC by this company will still remain to be seen. But if they do, the time it will take to do it and if they beat the odds of winning anything, the shareholders will be waiting a very long time (as in forever) for much "benefit".
A much better solution would be for this stock to regain trading (IE; working with the DTCC and the DTCC regaining services for this company) where the shareholders could be the ones to actually have some worth. But that still won't cure the "public market" problem in which this company has to deal with due to that IPWG is a public company and the current shareholders have to get their worth from that "public market". So one has to deal with what that "public market" in general believes or how it supports this company.
Again right back to "worth" of this company with all it's past fluff PR's, track record, dubious insiders, and financials.
The belief in some great things out of the current SEC opinion and Order for this company will be just setting up for more disappointment by this companies shareholders. But this kind of disappointment will be going on a long time. In my opinion much of the "hoping" or "believing" for this company is formed out of just the hatred for the DTCC and not actually understanding what is going on or the real place that the DTCC has with this comapany.
I wish it could have actually been a better stock to be the poster child than this company, this one will run into so many problems and work against this company's needs to get at the DTCC and may just cause more losses and more hatred following that need.
No, I am not a shareholder. I wouldn't even trade this thing unless the DTCC restrictions came off. And even then would depend on my "trading" strategies. As far as "investing" and after reading all the financials and PR's and other DD, hard to say never with anything in the stock market, but it would be very highly unlikely.
How many posts have I read? Didn't count them, I'm sure it's past the thousand mark by now.
My interest first started with being interested in and researching at great lengths the DTCC, but has of course now included IPWG for obvious reasons. But I follow a hundred stocks that have been restricted by the DTCC in some way, a lot less get most of the attention though and have to have some "special" interest about them.
"Are you a shareholder of IPWG? How many of the posts on this board have you read approximately in the last 3 years relative to the company? Is you interest the company or the DTC? Thanks"
I don't see any of this as any losses and don't view these processes as a particular win or loss, just part of the process. As I stated in PM, hopefully it will eventually be a "win" for the general market and these dubious stocks like IPWG are kicked to the curb. That's where we may differ in our opinion of exactly what is in the process that is currently transpiring. One can view this as some "win" or means to some end, but that "end" will be long time coming and this is just in a series of past and future processes coming of age in our current market.
My only suggestion is to become aware of what is going on as a whole picture. This isn't about "winning" or "losing" at this point. Only that there are some other factors going on involving the DTCC and many other entities that handle the flood of shares that get put through the public market, specifically dealing with all the problems of the pinks and non reporting companies.
Personally, I think if all companies were required to be fully reporting and auditing standards were enforced, there wouldn't be many if any of these issues that the pinky market is faced with.
One is welcome to their choice of putting the companies problems and lack of good business structure aside and deflect any critical analyse of the company to all the fluff of sue, sue, sue and vilify some entity like the DTCC. Not the real issues, but pretty norm for this type of stock.
I'm not any lawyer or champion for the DTCC, I'm just part of the public market and want companies to prove their worth by other means than blaming the DTCC. I do agree with a lot of what the DTCC and the SEC does and there sure is a lot more going on than just some misplaced law suit against them. I think more resources should be given to the SEC and other Fraud Task forces and go after even more than they are able to do with their limited resources. I suppose this case has been a "win" in that respect and put forward some of those problems making the SEC deal with them, but they really don't have enough resources to even start to deal with this crud.
Like our court systems aren't over burdened also. It really is time for the companies themselves to take the responsibility and prove some worth and stop just the selling share business. That is done by showing real intent and proper business procedures. And it is also done by the public market taking responsibility and demanding these proper business standards to be adhered by. That is not part of jumping up and down over any law suits, that's for sure, and definitely isn't the right direction of any company in this case.
But it seems like it's all one has with this company due to the company doesn't have fundamentally enough business standards to do anything else. Big red flag in my book and it should be that the company could prove itself other than putting blame for their problems elsewhere. I don't marry stocks or company names though, I just dump them if they don't prove themselves fundamentally and don't trade them if they show indications of lacking support, so I'll leave protection and defense like it was some first born to ones that do.
I'm assuming that you are referring to this case
http://www.sec.gov/litigation/complaints/2009/comp21224.pdf
I do realize that may be what some look at as the saving grace. I'm not trying to argue any facts about that case, but only saying that in this pinky shell selling environment where the business is not what generally being implied, but just involves particular individuals or groups of individuals personal greed that are behind the scenes that are in the real control of these shells . May not necessarily be the stated CEO, but the note and large share holders and the ones who perpetrate the P&Ds and the connections that they all have together, unknown to many of the companies shareholders.
These people are not for doing any real business for the public market and constantly hide these connections in everything they do. In order to connect some dots to these very well hidden connections one really has to look for them and many times takes a lot of time and effort.
Other good Ihub forums for those kind of issues
http://investorshub.advfn.com/boards/board.aspx?board_id=19670
http://investorshub.advfn.com/boards/board.aspx?board_id=10447
My interest is in what the DTCC is actually doing (given that they themselves are not too forthcoming with actual information to the public and really only deals with their participants) and what effects can they have to this pink market that is in major need of reform. That research reveals some real issues that the DTCC, the SEC and other regulatory bodies, and even the court system has to deal with. The DTCC is definitely not the major "bad guy" here.
Again getting a little off topic from specifically this company. I would only suggest taking a look a little further into any involvement with those people and other defendants to find possible connections that arise before any "investment" is taken in companies like IPWG or making final judgement on the DTCC or their procedures or the SEC for that matter. There will be that review and "look" from investigators that are still on some of these cases and where the company IPWG has been named and placed into record, not as a defendant yet, but just who defendants were involved with, and have not gone off that record or investigations. That is where the risks are for possible future litigation or expanding investigations exist.
Now maybe this is one of the "good" companies that have just been dragged in the mess by other "bad" individuals or entities. No problem, they should be able to prove their worth and should be able to adhere to all the new regulation and requirements, and processes that have been coming into play relativity recently (last year or two). As to why not in six months, we will have to be discussing what processes were in place at the time, what wasn't actually clarified by the SEC and what role does the SEC have over a SRO (IE: the DTCC). The validity of no real precedence for dealing with this type of "unique" situation like IPWG.
But there was a lot going on at the time that the DTCC had to be working with. And I presume there was a lot more going on than what you or I could have known, considering all the working with, and communication the DTCC has with the Fed government (IE; regulatory bodies like the SEC, Federal law enforcement, and Justice Dept prosecutors).
For example in Feb 2009 there was this case going on at the Fed Justice level involving stock manipulation schemes and other individuals that were in fact later convicted of fraud involving IPWG.
http://www.justice.gov/opa/pr/2009/February/09-crm-109.html
But we would really start getting into a lot, but only showing that there are connections with some very bad and dubious individuals. Connections that are succeeded in hiding from the normal shareholders or public in these type of promoted stocks.
Problems that don't go away with this SEC opinion and is only part of the the giant picture of what is going on. I think if any law suits get going against the DTCC, they will be just like a lot of what was going on against the DTCC about "shorting" and their SBP program that happened about six years ago. Everyone was blaming the DTCC for their procedures and actions regarding those issues and there were multiple law suits against the DTCC. All to be either dismissed or favored for the DTCC in the courts and at that time was again determined were "regulated and overseen by the SEC".
Also it was stated and proven that the number of suits had been "brought, largely by bulletin board traded companies, who seek to blame their poor stock performance and failed business models on DTCC and the national market system for clearance and settlement."
Now we have new clearance and settlement issues that liabilities are trying to being imposed on the DTCC as the major "gatekeeper" in the electronic system that we all have become so accustomed to and wanting. Sure the criminals are using that system for fraud and lousy business practices want to thrive in it also. That is not reason to let them, but just the opposite.
Can this company come out and prove they are indeed a real business and are not part of all the fraud and improper business that is going on so prevalent in this dirty market? I just don't think any law suit is going to prove that and if I was an investor in this company I would want the company to prove themselves by other valid means other than blaming the DTCC for their problems.
Again we are talking about getting even newer shares into the market for the benefit of the insiders. The possibilities of anything trickling down to shareholders IF any money came to the insiders out of any law suit are not very good. From what I've looked into this company and what financials are available, this is no poster child for being that precedence many are looking for.
I believe it will only create more regulation, less liability that the DTCC or other SRO's will accept, and just more processes written up by the DTCC and tighter requirements by brokers, TA's, etc. In fact the SEC opinion directed more procedures for dealing with these type of situations. Law suits only create less liability taken with industry and less service to the public available, or a lot more expense, and comes right back to the common public to pay for it no matter what side "wins".
I have researched in great length this situation and I continue to, unlike others it seems. There was actually individuals that pleaded guilty to fraud with connection to IPWG and is serving time. There are now DTCC requirements and procedures that weren't in place at the time in 2009 or 2010. There is also individuals that were connected to this case that is still a fugitive from justice. We are in disagreement of some of the issues that you bring up and our opinions on what certain factors mean.
Also it is mistakes that you are making to not completely research these cases. It is not just one, nor is it just the SEC but the Federal attorneys office and the IRS. And the risk of further litigation and criminal charges are definitely there. IPWG proving itself will still have to be done by the company. Where is the document that the SEC states exactly "did not deserve to be chilled"?
That will of course remain to be seen and if they do become off the LOCK, it will only be by working with the DTCC and all their new processes and that all share issuance are proper and legal and their business is more than just selling shares by abusing the rules set in place. The "company" does have that opportunity which is much better for the shareholders and much better way to create equity for those shareholders.
There are just too many stats and documented facts of instances where a certain company or individual is not named in a particular SEC or Fed case only to be named and included later (later meaning years). So the study of everything that has happened with the people that has been connected to this company and it's original P&D creates that risk of what commonly happens with the pinky market.
But the company has the opportunity to prove their business and that in fact they want to be something more for shareholders and the public than just filing law suits and selling shares. Even if they managed some money judgement, it would take quite some time (probably years) and nothing would trickle down to any shareholders.
The opportunity will be on the company adhering to all the requirements. And that is again what the subject is about. Now if someone wants to show by documented audited financials or the like of all the great good business that this company is doing for shareholders, I'd be happy to look at that. Maybe discuss all the business that "management" has stated was going to happen, but never did. Or will they just put the blame on others like the DTCC? That's pretty normal for a not so "good" company and not proper business procedures and more like all the stink in the pink.
Actually your post or input would be welcome over at this board
http://investorshub.advfn.com/boards/board.aspx?board_id=23867
I think there might be a line between the subject of IPWG and the subject of the DTCC and what the SEC opinion and/or ruling really means and the whole picture of the dirty pink market is. There is much going on and in connection with this SEC opinion and of course intelligent debate can and will come about (a lot of bs and unintelligent discussion also I'm sure). But no matter what, the public needs to be aware that all is not just fine for these type of low end pinks like IPWG and tougher standards and more regulation is coming their way. This will effect all the investors and traders in these dubious stocks. And it should be, it way past time for some drastic action and any few "good" company's should have to prove their standing in the real business market.
There are issues and points that you bring up that really has more to do with the SEC and DTCC processes or lack of those processes and the the ongoing creations and changing of the DTCC and other SRO's procedures and policies regarding the issue of who is responsible for what and who ultimately takes on the liabilities of the stocks. One of the issues and aspects of this case was in fact realizing the regulatory powers of the SEC over this and they definitely could have done more than just "remand back to the DTCC". They chose not too. It also is a good thing for the general market and not so good for dubious companies like IPWG with stating more procedures for dealing with future "unique" instances such as this one.
But more discussion is welcome, I'm not into just pumping or bashing this particular company, but discussing the general issues of the problems in this market that IPWG is part of.
Many are involved. There are responsibilities that are changing for DTCC, the brokers, TA's, "participants", issuers, the OTCMarket, and all the way down to the trader or investor. The courts have their place and have had their say in many of these issues. But generally has not been in favor of dirty pink companies and have generally sided with the regulatory bodies and the DTCC.
I'm not saying that irresponsible and meritless law suits can't be filed or won't be done, what I'm saying is that the chances of "winning" them are not good. One of the main problems of our legal system is the constant everyone suing everyone for hope of some free money and only costs the public in one way or another and usually is only benefit of the attorneys doing it. The fact that the this company would even do it is more proof of the garbage that they are and that it won't benefit the general shareholders or be any step to doing REAL business that they should be doing. If they just do proper business procedures and file audited financials and work with the DTCC and SEC requirements, they won't have so many problems.
No, not missing the point at all. The ruling remanding it back to the DTCC has GREAT MEANING. That was the only ORDER of the SEC. If the SEC wanted they could have put out any ORDER otherwise and not given it back to the DTCC and not said
"We do not intend to suggest any view on the outcome of this remand"
The twisting of words of support for this company by this ruling shows that there is lack of UNDERSTANDING the opinion and lack of understanding what has been going on. If one reads through the entire case(s) and not just pick out a few words on this particular opinion for the purpose of drama or sensationalism, one would understand that this is only part of the the whole process that is going on. FACT there was nothing "illegal" period (other than insiders that have been connected to this company) and only clarification of old rulings and putting processes in place for tighter control against these dubious "companies" and dubious share issuance.
It is very clear that the statement of false hope for this company is clearly misplaced and lack of understanding for this opinion will end in disappointment for ones that want to ignore the whole picture. This company by it's very financials, the already documented criminal convicted fraud with ones behind this stock, and lack of proper business makes it what it is.
There has already been criminal actions against connected cases to this company. The SEC, the FBI, and many other federal authorities want and already have this case that involves IPWG. They don't need to talk and bs about legal battles, they just do what they do with no public notice before they do it. Normally the public doesn't get any information at all about any Federal investigations, but this is not the case with this company name. The Feds don't just close their investigations up with one little opinion with one little low level pinky.
These investigations have been going on for years, very far reaching, and involving many stocks, individuals, attorneys (both Federal and private) and even a TA. I'm sure there is a desire for IPWG to bring the Feds even more information to further their investigations. That is FACT and no "rumors" or CEO bs talk. I'm sure those investigations will be happier than heck to see this company try to bring some game and just possibly hang themselves and/or others. (probably one of the reasons that the company didn't want to do any oral argument) The risks are still there for this company. Maybe the Feds can even catch fugitives that have left the country.
As far as "hope" and "dreams" for law suits "winning" against the DTCC, that has been tried before with not much luck (documented) and just falls into all the other bs from this company and has become just fodder for company "hype" and fluff. Attorneys that "want" to take on cases is just what Attorney's do and only confirms they want money in the long run (any "fame" for their name being out there is just another form of getting money bottom line, they don't have to "win" to accomplish that goal). It is not in the best interest for shareholders that's for sure. But the shareholders would be footing the bill in the long run.
One must realize the bottom line for all of this, that is for the "company" to sell more shares into the market. And many want a piece of the pie. Greed from insiders is what started the whole thing and what will continue it. All one has to do is go back to the beginning of 2009 and read all the documents, court cases, and articles relating to those insiders that were connected to this thing. Instead of just crying ill-informed "fiction", just go read at the government sites and do other proper research.
There are other means for the DTCC services and the DTCC is only a convenience and cheaper route to take for the insiders. It is just the main game and even looked at as the only game in town. But they are not getting backing by other entities or people that count. The brokers or other "participants" could handle certain things for this company and only by those entities choices they don't. Everyone just wants the DTCC to take on all the liabilities so that the few can prosper off of the public's money.
It is FACT that investigations continue, do the DD and research into all the federal sites on the cases already that have been done and the people behind this Pump and Dump all the way back from the beginning of 2009. It is not fiction, but REALITY and documented. There has been no closing of investigations and further actions against the people involved continue even not that many months ago. Even against certain individuals being a fugitive from justice and couldn't be found and very much part of current investigations.
Where in the heck does one think this has all started and why the DTCC put a lock on in the first place? I realize some just want to vilify the DTCC and not look at any REASON for the company to be questioned or be critical about, and it is much easier to just dream and marry the stock or follow the company hype, or try to make something out of this SEC opinion that is clearly not there or ignore many parts that are there, but the reality needs to set in at some point.
But of course one can continue to choose to not be aware of the surroundings or completeness of this case and choose to not be critical of any "company" involved. The "company" is theoretically not in business to put law suits against the DTCC, but to do business that they implied that they would do. That is the problem, not the DTCC's business. All the DTCC does is supply more convenient and relativity inexpensive services. It is up to the "companies" to do proper and moral business practices and not for insiders to just do Pump and Dumps to sell shares and take from the public by improper means.
My issue isn't with defense of the DTCC so much (even though I do agree with much of what they do), but more with my offense of "company" dubious business practices and the ones behind the irresponsible and documented criminal behaviors. Trying to make something out of this one particular case with the SEC is only attempting to take attention away from the need for more actions against these type of stocks like IPWG. There needs to be processes to clear these bad business practices out of the market and force these companies to follow good business guidelines. That is exactly what has been happening and this SEC opinion and clarification puts in place more processes and procedures to do that.
I for one am tired of just the few insiders, brokers, or attorneys making all the money from lack of control of these dubious and criminal business practices. I believe more money should be made by the overall public and support for REAL business and equity, a higher ground of trading and investing, not just the business of greedy share selling and/or irresponsible and dubious promo tactics.
IPWG needs to work on proving itself and any real business, clean up their act, and any insider left should want to actually do real business and build equity for shareholders, instead of just being involved in some atm cash machine for their personal needs with share selling and toxic debt. An overall better trading market could be created also. Show some audited financials reported to the SEC that would back the fundamentals of the company instead of becoming deregistered, going dark, insiders getting criminal convictions, and then getting into a beef with the DTCC for not wanting to "service" them.
Personally, I see that IPWG has been "serviced" enough by all the losses that shareholders have endured. It's time for IPWG to work with the DTCC and SEC criteria and if they want to continue to ask for support of the public money, then they need to improve on those issues that are fundamentally problematic with the company. And they will indeed need to bring that kind of game in any more appeal to the SEC or reconsideration by the DTCC.
Getting into law suits only further prove the company isn't up to those tasks and are only continued detriment to the common shareholder. Why in the real world of stock trading and investing, the mere mention of law suits very commonly brings pps value down with both sides. In this case that value of the company isn't fundamentally there, so for shareholders the value needs to be brought up organically and with real equity and business. Support for just the insiders and law suits will not get the necessary reaction for shareholders and is not what is needed to bring this up from it's grave.
What I'm saying is that posts that encourage are not needed, and "I take great pride" to really "tell it the way it is and the way things are", accurate projections that have become fact over and over and accurate data, instead of bad projections, and nothing but erroneous data and only things that aren't the way they are.
I do lots of REAL DD in order to back my facts and opinions. Something CRWV "words of encouragement" or company "hype" has not done.
I'm saying that indeed "hype" has been implied with CRWV and has created losses for shareholders that have wanted to believe in the "hype" and that CRWV hype in any form is totally misleading and factually erroneous.
"What I am saying is that posts that counter CRWV are not needed."
We are all the public market and this is a public company. The "judging" is what dictates the pps, not the other way around. And the pps is in fact showing that judgement by loosing more and more value. Proper judgement and CRWV investing or trading strategy should not be formed on misleading disguised company "hype" or erroneous statements. The lower and lower pps and lacking liquidity is showing just what factually this company is worth (or not worth in this case) and what the majority of the public market's opinion of it is. That's how the market in which CRWV operates in works, and the reasons for both disguised company "hype" and the "countering" facts and opinions.
"Who are you or I to judge the ultimate here with CRWV"
There was nothing illegal about it, and the hearing before the SEC wasn't even about that. Neither is it anything "huge" and only part of the continual process that is happening with the restrictions by the DTCC that is only getting worse for these pinky land stocks. As far as any "lawsuit", that's a joke, won't happen, and there won't be any money settlement from DTCC to this company. That talk is just a fallacy and maybe wishful thinking. One should really read through the entire case and understand what is going on there in the big picture.
All that IPWG got was SEC rules being further clarified and processes continued to be set up between the SEC and the SRO (in this case the DTCC). There wasn't any precedence and proper clarification by the SEC for this "unique" case. This has been an ongoing process and all that was determined was what the DTCC has been asking for from the SEC already (IE; at the SEC Roundtable where the DTCC represented request for more clarification of the rules already set in place).
Now the end result was that IPWG was remanded back to the DTCC with all the DTC processes that have been taking place and getting a lot more strict and more critical for the past year or so.
"ORDERED that this proceeding with respect to International Power Group, Ltd. be, and it hereby is, remanded to The Depository Trust Company for further consideration."
All those processes that many have been complaining about and in no way has been stopped by this SEC opinion. I would suspect it will only intensify in the future not in any good way for stocks like IPWG.
Also the SEC stated with that opinion and order;
"We do not intend to suggest any view on the outcome of this remand"
IPWG will have to come with some real game to be able to then appeal to the SEC after the DTCC doesn't restore services. All the DTCC has to do is apply across the board reasons that would include even the old reasons. In fact DTCC processes have already been being created and set up. If then the "company" has the balls to appeal, it does not secure any comfort that the SEC would in fact side with the "company". The historical stats are overwhelmingly that the SEC and the courts side with the DTCC.
But this company would really have to come in with some real game. This company is connected with ones that criminal charges and convictions of fraud and stock manipulations have come about after the original appeal. Along with continued and ongoing investigations by the SEC, Financial Fraud Enforcement Task Force, FBI, and even has included the US Postal inspection Service and the IRS-Criminal Investigation Division.
Actions against the perpetrators that have been connected to this company continue to be placed and there is still warrants out for fugitives that have fled the country. If one wants to believe that the the "company" name isn't still in these federal investigations books and just waiting for more information to apply more charges or restrictions to this stock, that might be just ignoring the risks that are so prevalent. And no, the old is not just in the past and what is part of the new and is what is part of the entire DTCC restrictions and the DTCC's continuous and constant work ability and communication with the SEC.
But trying to make this some sort of "win" against the DTCC is just erroneous, and nothing in the sort took place with the opinion and order.
http://www.sec.gov/litigation/opinions/2012/34-66611.pdf
Now if and when IPWG decides to appeal to the SEC after the DTCC continues to Lock the stock, and IF and when the SEC might actually side against the DTCC, one might have something to jump up and down with. But that process will be another time consuming and expensive endeavor for the company and with horrible odds of ever "winning". Their best bet is same as every other companies best interest, and that is working with the DTCC and doing anything possible to adhere to the DTCC guidlines. If they can't do that, their pretty much still just out of luck.
There is just no way of knowing and any number is just a complete guess. I've made this point before, there is no disclosure from MXXH of what price those shares paid came by (IE: how many shares were there for the amount of $200,000). A common restriction is 6 months or year, but that wasn't disclosed. Often the shares are convertible into more common, but that part hasn't been disclosed. So it's just a complete unknown of what the insiders are doing exactly.
As far as any amount to be connected to reasons why to drill, Gouger got paid to just do it on an agreed amount. That was about 14 months ago and no valid reason it shouldn't have been done long ago. Gouger has several businesses that are supposedly in the oil business and doing drilling on a regular basis (of course it is a farce), but has not been able to do anything that he is supposedly in the regular business of doing for shareholders.
Gouger and son got paid millions and millions of shares for the "intent" of doing business for the "gold" company ($1.8 million dollars worth), but nothing ever happened for shareholders by him or his companies. He owes money on another civil suit by yet another company that he never did anything for what he got paid to do.
Even in his own stock TOMI, he stated drilling new wells about a year ago and no such thing has ever happened. No production of oil worth mentioning either for that same 25% "working interest" (not 25% of production revenue) deal where Gouger and his Operating company, cementing company, and leasing company (and probably his family trust) get paid above and beyond any shares paid for drilling, and expenses paid to his private companies from shareholders pockets. So that alone even without any payment to drill would be enough "reason" if anything was valid about drilling to do.
But his history and records show that Gouger, son, and companies do nothing for shareholders in the stocks that he is or has been involved with. The only thing that gets pumped is shares and not oil. And right now, there is no professional help with MXXH, so it's just going to stay dead for now.
All MXXH "management" has their share of fault also and has not been doing anything either for shareholders, that's for sure. Even in last years 8K (with no financials for about a half a decade) where it was stated the payment to Gouger, there included this that has never materialized and supposedly has nothing to do with Gouger.
"On April 14, 2011, the Company entered into a Letter Agreement to enter into a Joint Venture Partnership engaging in the trading and processing of plastic and metal resources. Subsequently, the Company has met with and continued the pursuit of such endeavor with its counterparts in Central and South America to secure contracts as planned. The Company anticipates closing on the joint venture and subsequent contracts within 30 to 45 days."
Almost a year now from that date and no further communication or disclosure from MXXH regarding any of the "projects" or any operations.
Overall sometimes it can't even get to $100 worth, sometimes a couple of hundred dollars, some days it has only traded a $1, sometimes ZERO. Trades like the normal NO BID DTCC restricted stock. Lots of the NO BIDS and DTCC stocks trade this way. Fact is that the general action of this ticker and ones like it are the very things that make up the negative, bad, and bottom of the barrel statistics for DTC restricted stocks. Sporadic and intermittent liquidity many times at .0001 and below. In fact it trades worse than some GREY SHEET stocks that have been suspended by the SEC. LOL
But Pawson and his little minions will always continue to try to get rid of this crud. Lots of shares go for less than .0001 and the spread has been in the fifth digit. But unless there is communication with a MM or through a broker, it won't show up but as .0001
It's just that this is just such a garbage can full of crud that some can get excited on just about anything. "hey look, there just went another million shares, whooo" LOL
Now there always can be some pro trader or small group than can accumulate these dead tickers over months and then try to pump the thing to get rid of everything quick to the unsuspecting or inexperienced. Normally it's done with better share structures. With this they would have to be getting deals under the .0001 and if this thing managed to get some .0002's they would be in so demand and very few in comparisons to the .0001's and quickly would just come back to the NO BID status that it is in now, with new bagholders (or even some of the same that has only got themselves a heavier bag).
The AS is so large that any phony business would have to RS the thing and that is going to be extremely difficult with the restrictions of T4T by the DTCC and could easily get a complete suspension except CS (Global Lock) and then the brokers that will trade it now would be disappearing quite rapidly. Plus one needs 50-100 million shares traded daily for any real trading opportunity for the masses. At least any real money for any more than a few big boys and girls.
Just a note; THRA was at the low trips way before any DTCC stepped in and decided they didn't want to deal with the stock. In fact it was hitting the high, low, open, and close all at .0001 over a month before any restriction by the DTCC.
Before and ever since on a regular basis, the "soon" wind has been blowing for anything positive with this stock, but no sail. LOL
I'm sure anyone would be waiting a looooong time (meaning not ever) before they see some link to any case to the SEC for a chance to get the DTCC to reconsider THRA. It seems the insiders could have been going to the SEC since the Lock, but have chosen not to. That's because, as BB has stated, they would really need to have their act together, which of course this ticker does not. But the insiders would only put themselves out there for attention to everything they've done wrong if they were so foolishly to do that. So no way would the ticker ever go through that in order for maybe being referred right back to the DTCC for reconsideration. So, no "help" there.
Not really the scenario for this ticker to survive and thrive while any erroneous or misguided belief that the DTCC would be "folding" while they are doing more business than ever. Just when I thought I heard them all, out comes the kitchen sink and the neighbors dog bowl. That is one for the books though. still laughing
DTCC isn't in charge of making criminal charges, and the financials are the documentation that criminal share issuances were made, and plenty of documents are at the SEC site for criminal charges that came about with the very same thing.
People should really learn to do proper DD and not have me responsible to teach it. Checking financials, learning how to read things at the SEC, and learning just some basics is prudent to all investing and trading strategies. Following some bs about a no liquidity, NO BID, and no fundamentally sound stock like THRA is not prudent and only sets one up for losses. All one will get is conversation back and forth about "soon" for supposed results from the "company" for months and months and forever. A little real DD reveals that also.
Here's a good board for a lot of notices and some good reading and comparisons that happen all the time.
http://investorshub.advfn.com/boards/board.aspx?board_id=10447
That is just a bunch of bs. What a joke. What ever so called DD that came up with that is sadly in the wrong place, and no comparison to what I've or others have done. ROFL with what just came out with that post. LOLLOL THRA is really shoveling it now.
THRA is at so much risk of getting the BIG BAD SEC down their throats and criminal charges placed it isn't funny. They broke laws that didn't have anything to do with the DTCC by their illegal share issuance. But I guess the SEC is going to fold too. LOL
By the way, DTCC just made a record number of shares transferred through them and doing more business than ever before with nothing but increasing business projected in the future, nothing close to any direction to "folding". Also it is the brokerage firms that had second thoughts on THRA. They don't want to deal with them either.
I'm still laughing at what just came out with that nonsense. That's as good as THRA wanted to get locked, never wanted to have any TA, and wanted to be a NO BID stock. ROFL!
"Ruling" won't help a thing besides more DTCC actions and more difficulty that stocks like THRA will have. Some are just trying to use it by twisting the meaning or only giving part of the SEC statements for fodder on Locked stocks like THRA. Grasping at straws and months of "soon" type statements is about all that's happening.
Information and discussion and the real facts and links to the so called "help" (LOL) starts here.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73500087
But THRA's illegal share issuance and dubious promotional tactics will not qualify for any reconsideration by the DTCC or the SEC (other than further risks of more detrimental actions by them).
The question would be if DKGR has the part of the hill that has the oil. I would suggest anyone to check with proper oil and gas regulatory agencies and other State sources. If a "company" does not give the shareholders the correct information and data (ie: operating company names and corresponding numbers, Field or Lease data, parcel numbers, etc) in order to confirm with the official sources, then that is one big problem and about a hundred red flags.
Fluff PR's are not official sources or confirmation on anything.
That's the imaginary part. That webpage and those type of listings have lots of erroneous data and basically is just an extension of "pr fluff".
Try this one that is a lot more accurate, legal, and official. I know they tend to nickel and dime for information, but it's only a few bucks compared to anyone's investment. Personally I have a bill from them every month, but it's never gone over a $100 bill.
http://www.sos.state.tx.us/corp/sosda/index.shtml
Here's free ones for Texas (also official and legal)
For regulatory oil and gas
http://www.rrc.state.tx.us/data/online/index.php
http://www.rrc.state.tx.us/index.php
And of course a free State comptroller data site
https://ourcpa.cpa.state.tx.us/coa/Index.html
These governmental agencies are the ones who have to have the data, the other unofficial sites are just a grab bag of just about anything and are not confirmed as actual facts. The State is where it all has to be legally documented.
"So are you saying they lied about the acquisition of Pegasus in 2006?"
Considering there was never any "Pegasus Oil Well Services" as any legal entity to be "doing business as", and just an imaginary business, it would be pretty hard to have any acquisition of it.
And for Pegasus Cementers that were supposedly DBA this imaginary company, that is and always has been in control of Gouger and no acquisition by DKGR took place there. Although $1.8 million worth of stock supposedly took place for these "companies".
No, I don't think anyone is missing anything here. LOL I can't dumb it down much more and be any more clear, nor do I have the intention of even trying. But anyone in the public market has the freedom of choice to continue supporting or ignoring the obvious in any POS stock like THRA. goooo thra LOL
"fact people want to trade it but cant because there broker wont let them"
Geez, that is in effect what I stated and glad we are in some agreement. It sure isn't that the desire to hold for any "investment" but only to get out of this POS. News Flash: The brokers are one of the "fat lady's" songs. LOL
You need to read again what you just posted and quoted. What links are you requesting, all the links to the SEC actions of similar instances? That kind of DD can be easily gotten from the SEC site.
Full Quote;
99.9% of the public has heard her, proven by the lack of liquidity/volume and the NO BID-.0001 pps. The few shareholders that still might have some cotton in their ears or don't want to hear aren't enough to do anything about the situation that THRA is in.
Nothing I stated was any change from my position on it, just opinion on the "fat lady" and the fact that this stock has a compete suspension of services except CS (also known as a Lock and not just T4T). It has no TA, but it does have a NO BID status, and any shareholder is having "bad luck" in getting rid of them. The documented statistical odds of this stock coming back are almost Zero. And;
"The "company" has done criminal behaviors by not following proper share issuance and probably involve illegal promotion of the stock that are at risk of criminal charges and further action by the SEC against them."
When a "company" does not follow the guidelines and rules set by the governmental regulatory entities, that turns it into "breaking the law" and is subject to the description of "criminal behaviors". The SEC has been coming in and in many occasions have been nailing "illegal promotions". The way that this stock has been promoted in the past will be subject to "risk of criminal charges and further action by the SEC against them." Due to these type of actions or business procedures by this company have been documented, charged, and convicted of similar instances.
The "fat lady" has been already singing and has already done an encore with THRA. LOL Only a few erroneous and misguided touts to try to get rid of used up tickets (stuck shares), that are having nothing but bad luck are left. The "company" has done criminal behaviors by not following proper share issuance and probably involve illegal promotion of the stock that are at risk of criminal charges and further action by the SEC against them.
They've already have had chance to appeal to the SEC for years. That is nothing new.
Over two years and all International Power Group got was it turning the issue back to the DTCC and now it's with all the new DTCC proceedings that are in place and not on the proceedings once applied over two years ago. Those proceedings have gotten way more critical and with even harder processes to get through, so not anything positive happened for THRA, but only proves the greater difficulty that it will have.
"ORDERED that this proceeding with respect to International Power Group, Ltd. be, and it hereby is, remanded to The Depository Trust Company for further consideration."
Also this statement that you omitted from the SEC quote.
More importantly, the Commission also directed DTC to “adopt procedures that accord with the fairness requirements of [the Securities Exchange Act] , which may be applied uniformly in any future such issuer cases. We do not intend to suggest any view on the outcome of this remand."
The DTCC and the SEC have already been working closely together adopting newer procedures and already have done a lot in the last two years while this case has been going through.
That is what is being discussed. The actual opinion and order here;
http://www.sec.gov/litigation/opinions/2012/34-66611.pdf
And thoughts starting here.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73500087
But basically isn't much of anything new or any new ballgame IMO. Just part of the innings that are already ongoing. The subject of the article are over two years old and the DTCC has already been implementing newer procedures (the ones many are hating). I've said way before that maybe when the DTCC gets a thousand on the list, they will start dealing with a few coming back on. The thousand is just an arbitrary number, but the point is that the list is building and will easily see 500 before 1 will get back on from some Lock.
Realistically that list has to form a base, and procedures to deal with them will get critiqued and modified before a few might be able to get the DTCC to let them back in the system. But still will be so very few in comparison and will require a lengthy process that no garbage stock will be able to go through and survive. The DTCC and the SEC have been working together on a regular and consistent basis more than ever in the last year or so.
Many have just criticized both of those entities equally as "butting in" shareholders rights to back cruddy stocks. The title of the article may be bit misleading to ones who don't look at the whole picture, or just used as fodder around the message boards, and may turn into "much ado about nothing".
Again over two years and all International Power Group got was;
"ORDERED that this proceeding with respect to International Power Group, Ltd. be, and it hereby is, remanded to The Depository Trust Company for further consideration."
Lets see some documentation on that. Where would that be, the "wasn't my fault" bit doesn't quite cut it. Or in this case "wasn't him". Just stating it doesn't cut it either. One can't have it both ways, if he sent them back, then he was paid or he wouldn't of been able to send them back. The actions that you imply are nothing but more irresponsible and dubious ways of doing business. But again, where is documentation and acceptable confirmation of what you stated?
Also, it still wouldn't excuse Gouger for all his bs that constantly comes out from his camp. And working for or with several POS tickers at one time is nothing new down here in pinkyland.
I have stated though that proper disclosures of this shell are pretty much non existent.
Yes, made a new low today at .0012 and it has been doing nothing but more sell volume than buy volume. That has generally been the case over time, why it generally goes lower and lower and keeps going to lower trading levels. There was one exception recently and that was last Fri 3/16/12 when not in any good way, the bid all of sudden dropped down to .0012 and a large order and ask of .0013 was put up in place of the larger spread ask of .0016. This immediately caught some people bid sitting at the .0013 so it turned that day into more buy volume due to that.
But here is the trade data for the last week and up to today. One can easily see that anyone buying under .0015 (the old 52 week low) has not been too lucky in getting above the .0015 (just hasn't been enough buyers up there in comparison to all the below .0015) and shows lack of support and further general decline in the future.
.0017-.0018 to .0015-.0016 to .0013-.0014 ranges now going to .0012-.0013 range which is indicating going to the "trips" that some are waiting for whatever reasons and has been touted "not in trips yet, so everything fine" type statements. But just a lot of overall depreciating value, overall depreciating liquidity, depreciating dollar volume, and a whole lot of red.
CRWV trade data for last Monday 3/12/12 and few at new 52 week low of .0013
Tues 3/13/12
Wed 3/14/12
Thurs 3/15/12
Fri 3/16/12 (where bid dropped and large order for exit and ask dropped to previous bid and then a lot traded at 52 week low of .0013)(Still bid sitters didn't fill the large order for .0013 and many remained at the ask of .0013 with not enough interest in buying them
This week CRWV trade data Mon 3/19/12
Today Tues 3/20/12 New 52 week low of .0012
Technicals and fundamentals still negative for this stock and chart overall pointing down.