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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.
Here is the link... https://casetext.com/case/sec-exch-commn-v-crown-bridge-partners-llc
CBBT is listed in Apendix B as Notes to which Defendant shall surrender conversion rights on Note dated 03/02/2018.
OMG is this the convertible note for 650,000 common shares?
https://content.edgar-online.com/ExternalLink/EDGAR/0001477932-18-001232.html?hash=fa5eaf5c0ae1a5c906ee9a9ff179de3b24efbc568e1153a1f490bc2a856f15e3&dest=CBBT_EX105_HTM#CBBT_EX105_HTM
Yes, I talk to my local Schwab broker a few days ago and she confirmed it means a merger or reorganization was in the process. I don't know if that will include a reverse split and a change in share structure? Like you said we will have to wait and see what happens.
If something does come of this don't thank me. Thank Mrs. Clemmons
Maybe some good news! I was attempting to transfer some CBBT shares to another acct to try and claim a Tax loss when I saw that option was not available because CBBT was in the process of being re-organization. Id post a screenshot put they have changed this site and I couldn't find My Gallery.
Yes, it's seems all stocks moving higher have to have a little Drama.
In order for my Dad's estate to be settled all of his holdings needed to be sold. I think you are only allowed to claim $3,000 in losses back then. I went to his broker's office and they gave me 1 penny for each worthless position. Meaning you had to turn over all the shares of that worthless stock.
Sorry for butting in. This is the 1st time I have posted on iHub in a long time and I forgot to check if his post was addressed to me. Which I see now that it wasn't. Can't say that I like the new format here now on iHub. Hope all is well with you and the rest of the CBBT shareholders.
I think you are confusing SHOT with HUGE. SHOT is a Nasdaq listed stock.
I've been checking that reverse diabetes group and so far nothing new has been posted about them going public.
You might take a look at SHOT.
No Long term or short term guarantees.
It might pull back and consolidate again before moving higher. Who knows?
My plan is to wait until Dec 2023 and see if anything happens. In the mean time I intend to keep an eye out for any legal filings and be on the lookout for any news from DRG, etc.