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I don't think so. If I remember right Kevin Ho may have been CEO before Almir (I can't remember his last name) Almir was the person standing outside in front of the PKGuis sign.
Nice try. I certainly don't want to discourage you or anyone else in trying to figure out what if anything is happening to our investment in CBBT. Fidelity and Schwab still are not allowing any transferring of CBBT shares and showing that they are being re-organized.
This was an email from Diabetes Reversal on 5/2/2023
Yes, Eric has passed away.
If DRG goes public, Cerebain would have shares in the public company. I'm assuming his wife inherited ownership in Cerebain, so she would then decide if Cerebain wanted to sell the shares in DRG so investors would see a return. I will tell you that Cerebain only invested 54k in DRG, so it was a small investment. Eric was working on investing more capital before he passed, but it didn't happen. I hope this answers your questions.
Respectfully,
Dr. J. Murray Hockings
CEO
......................................
I got a reply back from the email I sent to Diabetes Reversal Group confirming that Eric Clemons did pass away.
Dr. J. Murray Hockings said If DRG goes public, Cerebain would have shares in the public company. Cerebain's initial investment was a small amount of 54k and assuming his wife inherited ownership in Cerebain and if she wanted to sell the shares in DRG so investors would see a return.
.......................................
I am not an expert on the subject, but I think a company has to be registered before a company can be listed on any exchange. In the SEC filing I posted CBBT's registration was revoked. When a company listed on the Big Boards is delisted it can end up on OTC exchange.
Check out this link for an update from the owner of EESO. https://x.com/Icestormmarket
Things could get interesting. Like everyone else this has been stuck with this for years.
https://x.com/Icestormmarket
IMO were not getting answers from our brokers because they either would benefit from our loss by the transfer of ownership or they don't want to be involved by giving anyone false hope, etc. I've heard it takes the process of reorganizing and getting into good standing with the SEC about 3 yrs. I am guessing the process for CBBT may have started Jun 21,2023 based on the GoDaddy PKG account info. If so we've got to wait awhile longer. BTW I believe the person doing the re-organization is Jeweline Clemons, Eric's Widow and she is an attorney out of Cincinnati,OH
I re-read my post and feel I need to explain what I wrote better. When I referred to 3000 I meant $3000 dollars not 3000 shares. Sorry about that.
Thanks. What eTrade is saying IMO once the account holder relinguishes his shares for a penny from his broker you give up your entire position or stake in CBBT. Just remember you are only allowed to claim $3000 a year in Tax Loss each year. If you hold more than 3000 shares you might consider tranferring 3000 cbbt to another acct and relinguish those shares to your broker. That's if and when that option ever becomes availible.
Sounds good. Thanks
I first noticed the possible CBBT re-organizing when I contacted Fidelity on 5/5/2024. I did a little more exploring and saw this on whois website...
So if whois needs to be updated yearly the process may have started back in 2023?
https://www.godaddy.com/whois/results.aspx?itc=dlp_domain_whois&domain=pkguis.com
I tried to transfer CBBT a few months ago and was issued this message below...
So I am waiting to see if it does re-organizes. Do us all a favor and talk to Corporate Actions Dept and see what they have to say. Also try to find out exactly when the filing for re-organization began and how long it usually take to come to fruition?
Not sure who is behind it, none the less it looks like CBBT is being reorganised by someone? IMO if it not CBBT or Eric's Estate ... the only other people with any interest in CBBT coming back to life (other then us common shareholders) is DRG or PKG Inc stakeholders. Don't forget 18 days after the SEC revoked CBBT's registration that delisted CBBT and yet PKG Inc stakeholders still agreed to a Share Exchange Agreement With PKG Inc StakeHolders. I will post more tomorrow.
https://www.buzzfile.com/business/Pkg,-Inc.-208-884-4900#google_vignette
https://pkgllc.com/
https://www.bizapedia.com/oh/pkg-ii-llc.html
Jack I wish you wouldn't beat around the bush with your posts and start saying exactly what you think.
Checked again this morning and Think or Swim is showing CBBT as the symbol again instead of the cusip# 1567M106. I prefer seeing CBBT !
Just checked and my Schwab account and like you it shows Cerebain. But my Think or Swim doesn't show Cerebain anymore. It shows 15672M106 again.
Schwab back to showing the Cusip # 15672M106 again today on the Monitor tab. Well it was nice while it lasted.
What symbol does it show ? My account used to show 1567M106 (that it's Cusip#) now in it's place it shows "CBBT" as it's symbol.
I noticed something different today on my Schwab Monitor tab. I don't check it everyday, but today it showed CBBT as the symbol and not Cerebain's Cusip # 1567M106.
I agree the death of a family member sets off a lot of family turmoil, especially IMO if it's a Mother or Father.
IMO this could be happening because the Panahi Estate is being settled. Panahi died 9/1/2020 and the Stakeholders have one asset left to settle. That being the CBBT is holding PKG shares that were swapped with the PKG stakeholders. Jeweline Clemons (Eric wife) is an attorney and could possibly make something happen. We will see?
Cerebain did not purchase PKGuis's Property or the Building, Animal Farm Real Estate bought it. As far as I know Cerebain only purchased the equipment inside the building and it was Auctioned off Nov 10, 2021.
There have been rumors about CBBT buying a PKG business in Ohio that was either in Cincinnati or PKG, llc in Cleaveland,OH. But I have no solid evidence either way.
Cerebain did not purchase PKGuis's Property or the Building, Animal Farm Real Estate bought it. As far as I know they only purchased the equipment inside the building and it was Auctioned off Nov 10, 2021.
There have been rumors about CBBT buying a PKG business in Ohio that was either in Cincinnati or PKG, llc in Cleaveland,OH. But I have no solid evidence either way.
Yes, I remember that also. It was an update that was early in the process that didn't come to fruition. It may have been on Twitter and was deleted, so maybe that's why none of us can find it?
a little background ...
04/26/2021 CBBT issued update on ShareExchange aggreement with PKGuis Stakeholders.
09/02/2021 SEC revoked CBBT registration (delisted).
09/20/2021 CBBT closes Share Exchange with PKGuis Stakeholders.
#1. CBBT did not own or sell the property. I believe that the deceased owner's estate owned the building and the property. IMO Most of the others assets like patents and possible contracts looked to have been cashed out before CBBT's deal was completed.
I think the only thing CBBT purchased was the equipment and then auctioned it off?
When you sell your shares to your broker your entire position is surrendered for a penny. Then your broker owns the shares. Keep in mind you still can only claim $3000. loss @ year. That's the reason I opened another acct was to avoid a broker from taking my entire position. My plan was to transfer as many shares to the new acct. needed to get to the $3000 limit. Sort of a insurance policy in case CBBT miraculously was able to come back to life.
I talked to my local broker by phone in St Petersburg, Fl on Tyrome Blvd.
I Don't know? What was their story of what reorganization meant? All I know is what I was told. I'll try and do a little more DD tomorrow.
Today I did a test to transfer CBBT shares between my Fidelity accounts and saw that CBBT was not listed as an eligible investment to transfer. My other dead penny stocks were listed as eligible to transfer. So I'll take that as another positive sign that something may be happening with CBBT.