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Excellent idea, however, I do not think our insurance company would take kindly to unpaid, untrained, "vacationers" walking around a heavy construction site....the liability would be tremendous for legal actions. I could be wrong and love the thought, but these insurance companies look at things just a bit differently.
Bubba~
Well said. I can not believe that Chuck will allow himself to be boxed into a corner when there are still so many factors outside of his control. I am grateful for the work they are doing and trust that when there is news we will hear about it. However, I also completely understand everyone's anxiety regarding the outcome of things and hope that we can all hold it together long enough for the new BOD to work some of the issues through before jumping on them too hard.
Best regards,
It is amazing what a $340 stock trade will do for people.......Are we having fun yet? It still looks dead to me.....maybe an induced flutter but it still looks dead.....I could be wrong, just my opinion.
This is posted above as part of the Press Release of 12/27/2010....
d. Purpose of Transaction. The plan of reorganization as ultimately confirmed by the court may involve extraordinary corporate transactions among the Issuer, PGC and affiliates of PGC, a transfer of substantially all of the assets of the Issuer to PGC or an affiliate of PGC, a change in the composition of the current board of directors of the Issuer, a material change in the capitalization or dividend policy of the Issuer, and/or changes in the corporate organizational documents of the Issuer. It is also anticipated that the Issuer's common stock will cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association and may become eligible for termination of registration under the Securities Exchange Act under Section 12(g)(4) thereof as a result of this transaction or under the plan. Neither PGC nor any of its affiliates, at this time, intend to acquire any additional securities of the Issuer. PGC does not intend to convert any of the debentures or exercise any of the warrants to acquire the Issuer's common stock
I don't know about you, but that was a pretty big Red flag to me when it became public.... Just my opinion...GL
This thing finally flat lined??? I rest my case about all my posts a month ago telling everyone to bail out of this bogus shell
Ummm.... I asked this question a couple of weeks ago...you know when this stock was a bit higher....and now maybe someone can answer it for me, now as the stock has done exactly what I said it would....why does anyone here think they know more than the MM's on the street? When the new owners tell you the stock is going to be de-listed and trading halted what did you expect, a rise in the pps???? It's not the stock I am confused about, but the willingness of people to watch it tank and keep trying to sell snake oil to others to pull them into their misery.....but then again, misery loves company! GL
Off to another stellar start this morning. Come on people, this one is going to continue to tank until it is all gone. Consider yourself "Duly Warned".
I would only ask you this.... why do you think you know more than the MM's who are not buying this stock.
Good luck and if you have any funds left in this, consider selling for what you can get and buying a lottery ticket....better odds of making a profit.
Ummmm.... I see the the inevitable has final started to sink in. I warned everyone about this shell game two weeks ago. I hope no one got hurt bad......
I think that this stock is going to play itself out about the 13-14th. The folks that have successfully traded this stock for the past 2 months on peaks and dips will build it up with all sorts of "positive" information, while holding back their shares...then about two days prior, when there is enough interest to offload their shares, they will dump.... then the music stops and anyone still holding......well....... the music has stopped and the game is over.
Please keep in mind that if this was such a perfect hidden gem, don't you think that the MM's who do this for a living with vastly more contacts and resources than a blog would have swooped all over this thing. They would be snapping up ever share available... there would be no dips because they would continue to accumulate up into the .01s-.04's easy (if the guesses on here of 0.08 are even close to true).
Think about it.
That was a joke.... don't get mad at me. I am in one of my own Q's and I know what you are hoping for. I just don't see it here. I do hope you get this one to soar, but after reading everything I could find out there I just think the scales are leaning toward collapse compared with growth in share price.
Unfortunately, I think the only thing next week will bring you is an opportunity to average down further.... Keep in mind, if there was not some serious problems with this company they would never be in the situation they are in.....but good luck.
This stock continues to operate like a pump and dump with the pumpers trading the swings. Just my opinion based upon reading the releases which consistently say this stock will no longer be traded. Everyone needs to limit their exposure. Q's are fun and can give a nice pop when they emerge from BK, but when the new management says they are going to cease trading of the stock and go private..... either they are lying (and then can you believe anything they say) or they are telling the truth and you do not want to be caught with shares when the music stops....IMO
Ensign~
I appreciate (really) the fact that you will grant that I did not manufacture the article I referenced in my previous post. I have sent an email off to IR of Pivotal to verify that they did only purchase 61% of the debenture. I will certainly post any response I receive in its entirety.
Thanks again for taking the time to look into what I posted instead of deleting it, or going for the ever popular personal attacks...... seriously.
GLTA
Careful Cork.....people here do not want to hear the facts. They get all bent out of shape and they take it as a personal attack should you not pump this baby up....
I do not recall where it came from, now did I state anything other than it was listed on Google Finance. I was more interested in if the facts listed were correct and how they impacted this stock.....I have yet to receive an answer about that. I was not endorsing, or denying its claims, just looking for information.
jade~
No agenda at all right now. I saw this stock on the HOT board, saw the increase it had the other day and started digging. I am just skeptical of why a single post about an article posted on a news outlet at another site would bring out the response it did. Usually when people react so quickly (and delete posts) it is because they are heavily into a stock and do not want any negativity (real or imagined), they are underwater on the stock and think someone is attacking them, or they are pumpers and they are out to scare off any threats.
Keep in mind, all I did was post a news article that I found on another site and ask how this is impacting the stock, because it was not being discussed on this site.
GLTA
Not getting greedy at all. I do not own this stock, just looking at it and I get worried when moderators delete messages they don't like when all they do is report a silly news story. It appears as though they may have a protective side moderating the board which skews all information toward a "pumper" site, not a true back and forth of information and ideas.
And again, I do not own this stock, if I do, you will know because the pps will shoot straight up while I buy....just not there yet.
How can a news article be what you call "Wrong Information"? I suggest you go to Google Finance and research it yourself. I didn't write it, I'm just reporting it.
Thanks though.
Yesterday News Release:
Capital Growth Doubles after Filing Update
Capital Growth Systems Inc. (CGSYQ, Free Analysis), a telecom information and logistics company that is currently in bankruptcy, surged more than 170% during today’s session after filing its financial statements in a required monthly update to the U.S. Bankruptcy Court. Traders pushed the stock higher as the deadline for an acquisition by Pivotal Global Capacity approaches on April 30, 2011.
The 8-K filing showed a net loss of $1,669,690 for the month of February 2011 and negative shareholders’ equity of $37,852,494, suggesting little improvement in underlying financial condition. Meanwhile, common equity shareholders are not expected to see much upside given that the acquisition occurred for 100% of the secured debt.
The Following news article hit yesterday, per Google Finance:
Capital Growth Doubles after Filing Update
Capital Growth Systems Inc. (CGSYQ, Free Analysis), a telecom information and logistics company that is currently in bankruptcy, surged more than 170% during today’s session after filing its financial statements in a required monthly update to the U.S. Bankruptcy Court. Traders pushed the stock higher as the deadline for an acquisition by Pivotal Global Capacity approaches on April 30, 2011.
The 8-K filing showed a net loss of $1,669,690 for the month of February 2011 and negative shareholders’ equity of $37,852,494, suggesting little improvement in underlying financial condition. Meanwhile, common equity shareholders are not expected to see much upside given that the acquisition occurred for 100% of the secured debt.
The Following news article hit 7 hours ago, per Google Finance:
Capital Growth Doubles after Filing Update
Capital Growth Systems Inc. (CGSYQ, Free Analysis), a telecom information and logistics company that is currently in bankruptcy, surged more than 170% during today’s session after filing its financial statements in a required monthly update to the U.S. Bankruptcy Court. Traders pushed the stock higher as the deadline for an acquisition by Pivotal Global Capacity approaches on April 30, 2011.
The 8-K filing showed a net loss of $1,669,690 for the month of February 2011 and negative shareholders’ equity of $37,852,494, suggesting little improvement in underlying financial condition. Meanwhile, common equity shareholders are not expected to see much upside given that the acquisition occurred for 100% of the secured debt.
Click Here: Get the Complete CGSYQ Stock Analysis!
That 10 million is going to take some doing with the volume spike we got today...LOL
GLTA .... CPRK
Completely agree. To much activity lately with no "substantive" information . They are keeping a tight lid on for a reason and I expect it is for the positive.
Chuck and everyone helping him... thank you!
CPRKQ..... a bright shinny new future awaits.
Could not have said it better myself! I think that you have grasped the entire situation in this one post. If we had only had this information a year ago, oh well, it is out here now.... thank you. Happy Halloween!
Radio Interview today at 10:30
For those that have access, as I remember, Charles will be on the Bill Chippas Show. If they allow Charles to remain on target and not get bogged down in the numbers to much, it will be a good event. I personally like talking with Charles about the numbers and percentages, but if you do not have a history of the company and can not follow along without a lot of questions many will become overwhelmed by them and therefore you loose those people. Hopefully he will be able to re-assert the strengths of the management team, that the mill is running and producing x amount over the past few days, etc. I am going to listen and will try to post a recap of my thoughts once it is over for those who did not get a chance to hear it first hand...... oh wait (long s*i*g*h), I only get 1 post a day because I criticized the Mods.....so someone else will have to do the recap. Lets have a good day.
Congrats on your CPRK holdings, but more importantly congratulations on you child. They are just like a stock, they take a love of the investment, patience during the trying times and nurturing support to ensure they grow in the proper direction. Once all that happens, you are left with the best investment of your life!
Excellent..... I too joined the "oinker's last week. Not to that extent, but I have faith in this company and know the shorters should be buying additional diapers now as things have straightened out with CPRK.
CopperKen~
I firmly agree, in fact I would like to thank all who sold off during this period. With their cooperation I have been able to crest 20M shares and am now very happy with all decisions I have made in this company. Yes, there are a few issues with management secrecy, but I am glad to put up with a few eccentricities along the way......happy trails and look forward to seeing all in Milford who have decided to finish the journey we started.
Bought-Bought-Bought.....I love the cheap shares. I am buying with gains on other stocks, so if by years end nothing has happened, I can take the loss on taxes....If, like I expect, they get their act together All the better!....I will keep buying
Mariner~ Congrats on the accumulation of stock in this company. I was at roughly 2M prior to the huge decline and added another 7.8million in the current range..so now is a great time to start going up. I wish I had the confidence to liquidate my other holdings and go big in CPRK...can't tell you had many conversations with myself I had....anyway, let's all enjoy the sunshine now as the clouds have at least parted...maybe not gone away entirely, but definitely parted...have a good afternoon.
CAM is in New York with meetings......draw your own conclusions, can't really say anymore as I heard this from someone else. I will try and track him down to see if they are "our" meetings... have a good night all!
Yanik...The $150 number you mention coincides with some information I have been seeing on other places. I feel as though you have begun to scratch the surface of what is going on here....I think it is just the tip of the iceberg so hold on and let's all watch a great thing unfold....IMO
Richard....excellent point. But another which I think is being overlooked, in addition to the rising Copper prices is the unforeseen and unexpected higher Gold being recovered. This is not an insignificant fact. This addition of higher gold concentrations in the ore is in itself enough to gather the attention of many companies and financial institutions. I feel very comfortable that there will be a financing plan in place and when that is finalized they will be in a position to discuss all the other issues we all want to hear....
Willboat~
Excellent points both. I too call and speak to Charles using my real name, along with the emails I send him. I have never had him not respond or call me right back if I should happen to get voice mail. I think some people call and want to know if they should "buy or sell" and obviously that is not the sort of questions Charles is going to be able to answer.
I find him an intriguing person with a wealth of life experiences that would be welcome at any level. He obviously has constraints placed upon the information he is allowed to release and I accept that. However, when I ask him pointed questions I get direct answers back and have found no reason to doubt his credibility or the performance of his job....others in CPRK, yes, but not Charles.
Obie...the things which your charts do not reflect are the following, any one of which is likely to throw you and your charts out the window....
1. Senior management change, not personnel, just job responsibilities.
2. Securing of LTF
3. Establishing a long term relationship with a company which can get our product through the smelter on a regular and timely basis.
4. TBA
5. TBA
6. TBA
Anyway, I know you can turn right around and say that anyone can sit around and spew what if's.....but I feel better about my "what if's" than I do about your charts.
I think that, obie's charts aside, we will have another day-or-two of this sort of trading prior to any news release. I do believe that a PR is forthcoming which will benefit everyone not only short-term but longterm also. I can not tell you what to believe, or how to feel, when the pps has done nothing but fall lately, but I will say this...without a moments hesitation I firmly believe that CAM is foremost interested in the shareholders and the long-term health of CPRK. If you do not believe me, that is fine, but I hope you believe him and do not let emotions get to you.
Candy...I was thinking the same thing, that perhaps the delay in information is because of something positive and not negative...like a gold find. Now, on to my bigger point, I am going out to the mine and rather than take a little vial of refined cucon, I will just take a couple little vials of the gold...purely for research and testing. I think 2-3 pounds should do it, no more than 5# at the outside. Have a nice weekend and I hope it was found on your land!
Richard, very well put. I, like so many, feel that the upwards climb of the share price once they finalize LTF and the bumps in the road that any start up company encounters get smoothed out will eclipse the current dip. I am not worried about my investment with CPRK but certainly do wish we had a little clarity like everyone else. But I also remember something which was posted the other day.... "Do you believe that Mark Dotson wants his legacy to be failure?" ...I don't think so, he has put to many years and effort into this. Just my opinion!
Richard....don't be so hard on yourself. I think Wednesday is a great day for a PR...it is just the week I am getting wrong! Maybe before Christmas. I would like to think they are organizing everything for a clean shift on Jan. 1st, 2010. The clean shift being the acknowledgment of Long Term Financing and consistent shipments are being delivered to the smelter without complications. That would make even Santa Claus blush.....well that and Jungle Bells Christmas outfit.