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Well said ryan128....In a Combat(WAR) one individual such as a (General,Commander,Sergeant et al..),are groomed to use different tactics...As in Mr.Veges case he is at the point of (SCARE TACTICS)....Scare tactics may work in a war, BUT not in a civilized intelligent world(especially when there is hard cash involved here)....As a note i may be luckier than most, even though i lost thousands of dollars, i had sold some last year and will sell the rest of my position before year-end for(Capital Loss)....OTC Market, i will never invest in again.(the SEC, washes their hands)....GLTA
Bunch of hypocrites!!!....Amazing how they try and turn the tables around on us retail shareholders....They want to bring lawsuits now against shareholders for defamation of characters(what a joke).....It seems they are like a mouse stuck in a corner, trying anything to fight for their lives.....As i mentioned before,(their meeting) was about nothing except for more share issuance(same thing as a R/S).....Let them have a lawsuit against us shareholders(freedom of speech bull*hit)....P/S:.Any new shareholders BEWARE, you will get fleeced like all of us did.....Hey Mr.Verges, one word KARMA(it will haunt you someday)....GLTA
September13th/11.....Will be the beginning of the end for CCTR....To make it simple, what i'm trying to say (REVERSE SPLIT)...my guess 1 new for 100 old shares....OUCH!!!
Sept 13th/11 is coming rather quickly....P.V and his inner buddies had a few months to decide what kind of b.s line to tell us bagholders.....One thing i can almost guarantee everyone here is a REVERSE SPLIT will be inevitable and/or an amalgamation with NWMT....Either way we are screwed....GLTA
This is beyond a joke...It's all Bullshit.....He will explain how any OTC market works(Sell on the milestone event)..HEY!! Verges every news in the past you had put out sunk the s/p, we had no chance in hell(the dilution in s/p took care of that)and the s/p kept tanking.....We all lost alot of money because of your greed....Be careful at that meeting...some folks are coming in double barrel(sort of speak).....Folks!! nothing will happen for the positive at this meeting...it's a dilution company(scam somehow!, that they have figured out) and it is pretty obvious by the lack of action from the SEC..... THEY DO NOT GIVE A SWEET SHIT about us bagholders.....Bottom line on Sept 13th, Reverse Split(that's what that meeting will be about).....GLTA
Jim sir....I have no special ingredients how to make money.....BUT...What i could tell you that my biggest mistake was to invest into these OTC/Pink stock(it was my first and will be my last).....CCTR came up by chance a couple of years ago(they were increasing their Revenue and Profits every quarter),and it still does...BUT....take a look at the s/p(this only proves what the management motives are and always will be), you figure making $4 million net profit they would have done a share buy-back, but instead they diluted the shares to worthlesness(in order to satisfy their own greed)....Best advice i could give you is stay the F*%K away from any of his companies.....P/S:I am a Canadian Venture player(TSX-V) been doing very well with them throughout many years.....GLTA
Lows becoming lower with CCTR.....As i stated many many times before,this play is going nowhere except for a tax write-off for 99% of us....P.V and the gang made their money diluting this pig to no end.....Mark my word Reverse Split will be inevitable.
Let's see now......P.V. Advertising campaign has dried up like a prune....There is no more shares to dilute(look at today a whole $90 worth of trade thus far), looks good on this P.O.S of a company.....I pity the people that was counting on this to make some quick in/out cash with CCTR.Myself on the other hand,i need the Capital Loss....We should start making friendly wager among ourselves(just for bragging rights)...I say it will be a 1/200 R/S....Again did i mention how corrupt this company is.
Terrible Q1.....3 billion O/S(Reverse Split is a guarantee now)..... Hey TOP,what's this big break out suppose to be happening(what kind of news or rumors that you heard of)because trust me there will never be a big break-out, period....All of you newbies, i did warn everybody(hope some listened to my advice) not to buy this corrupt play.....Management is trying to make us all believe that the 22 million dollar sell of one ot their division is going to pay us in dividend(BULLSHIT)....We can't say that we never seen this coming....Again this first Quarter results is TERRIBLE(they are slowly going down into the ABBYS)
Good answer midnightsal.....I also have learned an expensive lesson with CCCTR(and all penny/pink/OTC stocks)Never again for me(that's for sure).....I sold prior to year end more than 60% of my CCTR to offset my Capital Gain on the plays that made me a killing on the bigger boards(Particularly TSX.V and TSX).The remaining 40% will be liquidated sometime in December/11 for more offset on some gains that i'm anticipating(hey! wait now, isn't that P.V favorite word...ANTICIPATING).....Why the HELL would they sell $22,000,000 of their business?..What a joke that is!!!!....Trust me everyone CCTR ain't going nowhere s/p wise, except for more downward spiral....GLTA
That is the problem...TOO MUCH PAPER.....My formula tells me the s/p should be at or very close to .01 s/p, with its Book Value(BV).....BUT. We don't know how many shares has been diluted since January 1st/11, we are looking at another 4 months of dilution since January(my guess we are probably pushing the 2 billion O/S) by now.....And that is why the price is where it is.....Wait till the R/S split comes into effect(they will have no choice whatsoever to do this).....Great profitable company....BUT management that only knows how to dilute us shareholders.....If i was the CEO i would do a share buy-back(thus bringing us back) at say 300,000,000 O/S instead of possibly 2 billion as of today...Piss me right off.....GLTA
Webcast.....Same old same old.....The company is run by the same group of inner friends and family of the Verges(they control everything, including their CEO and CFO).....What really pisses me off is the way the newbies gets suckered into buying, without realizing(or keeping their rose coloured glasses on)....Even though its trading on the pinks(like P.V stated many times) to take advantage of the milestone event to flip for a profit.What is happening now, is we are not even getting price swings at all anymore......Kudos to the particular that started to get the ball rolling with the SEC concerning NWMT and CCTR(check Yahoo board).....We may all kiss our money GOODBYE.....BUT.... we may end at least having the satisfaction of seeing P.V being scrutinize by the SEC.....Another point i may add....Phil Verges STOP DILUTING the Outstanding Shares, CCTR made 4 million net profit, we share holders have taken enough of your hypocritical tactics....Enough is enough already...GLTA
Any feedback on the late webcast...Wonder whats that all about....They never been late before with their in-town webcast...I sure don't like the smell of this....Possibly propose a R/S? soon.
I thought for sure we would have seen a little spike in s/p today(the general market may have a factor in this today).....I guess this just shows how P.V reputation is starting to take a terrible disappointment from any new buyer and shareholders alike.....The only good news from this Thursday's broadcast would be the ousting of the bad apples in management(Starting from the very top)....My calculated formula shows after this 2010 Financial, the s/p considering the 1.5 billion O/S, should be at .009(not quite the penny mark)....Unbelievable...There is no choice now but to R/S the outstanding shares down to 15 million(thus doing a 1/100 R/S)....p/s: Thursday broadcast will be about nothing, except for them trying to smooth the water(i wonder who will be doing the B.S this time)....GLTA
At least the Financials is not as discouraging as to what it seems....They missed their projection for $100,000,000 in sales, but regardless(i did not expect then to hit the 100 millions in sales).....This is where P.V will brag about an opportune time to take advantage of the s/p swings(and i do believe) on Monday the s/p will climb quickly.....Then look out below, the dilution will continue aggressively, thus bringing us all back to square one with this play.....GLTA
In 2009 year-end Financial,it clearly shows how the 4th quarter is their biggest push in Revenue(i figure its about 40-50% of their whole business in Revenue)same will be for this year(if their projection is close to being correct)We are going to see a spike in s/p(BUT to only let P.V. be able to dilute the mother out of this company).....Don't get me wrong...I am not a fan on any of his Shell companies, i made a HUGE mistake buying shares of this company....As i stated before their Revenue, their Profit, and the yearly increase is always on the up...BUT...P.V and his inner circle of family and friends bled this company dry(and the rest of his Holdings)....What a waste of a company that is led by Greedy management...p/s When P.V get ousted things may change around, otherwise we are all screwed....GLTA
This was management projection since early in 2010(they said they are on track to reach a milestone 100 million in revenue for all of 2010)....Generally their last quarter in every year is their most powerful quarter(if history repeats itself)....GLTA
The upcoming anticipated year end Financial report should be out before the 21st of April(the broadcast will try and smooth the water).... the Year-end will be publicly be available before the n/r....the s/p will appreciate by then(somewhat), BUT keep in mind it just had dropped 35% from previous week level...So it may get back there or just a 10-20% increase from there.....NOW! if this year end is below $100,000,000 in Gross sales, we are deemed....On the other hand if it reaches or even near it, it could go up as a flipper dream of .002 s/p...(JMHO)
Let's not be surprised if we do not get any news on the Financial on Monday(this is management tactics), let the retail shareholders speculate, so they could dilute every single inch that they can get.....BUT saying all of this, when the year-end Financial will be released, the s/p will go up,BUT to only come right back down at even lower levels than what it was prior to to release(thus given management a HUGE opportunity to liquidate more shares), and yes the volume will be CRAZY.....Mark my word, it will give some of you newbie a chance to redeem yourself and take what you can, because the s/p will not stay up very long afterwards.....GLTA
Originally they said(P.V and the gang) they would have $100,000,000 in sales for all of year-ending 2010.....$72,000,000 would still be very much under their projection, that could be the reason for the price stagnation....BUT regardless great news or not, the dilution in s/p will dissolve all hope to inch up any higher regardless of any outcome....IMHO...look for a R/S soon....Good Luck folks
adamp....I'm glad you at least kept an open mind on what i was telling you last week(on the 28th of March).....You were adamant this company was the real deal.....Been here for a long time.... Dilution and a R/S will happen like it or not.....I'm just waiting for year end(sell the rest of my CCTR) to offset my Capital Gain.....Another tid-bit i'll give you.As more retail shareholders starts sending email or calling to try and vent their concern.They will come out with n/r to try and smooth the water with a bunch of Mumbo-Jumbo talk(that means nothing)....What i would really like to see on this board is material information by Management about their Daily activity.....Good Luck my friend
You Guy's and Gal's are setting yourself up for a rude awakening with this company....The only thing we get on these bulletin board is unmmaterial information by everyone(nothing relevant to its day to day working ability)....It just shows this play is a daytraders/flippers game....Please go back and look at the history of the charts as well as reading my most recent post.....The Financial(when we get it) will tell the tale,that is when the daytrader/flipper will be out in full force....Then this most highly anticipated n/r,will let P.V and the gang dump 100,000,000's more shares....Seen it done many time with this particular play....GLTA
Ya something like NWMT.....Everyone thought the bottom was gone....Surprise, surprise a Reverse Split took care of that....Please!!Show me anyone on any of Phil Verges shell company if they made money(if they did they are part of P.V inner circle)...And the worst part of all of this, the SEC did not even acknowledge my request in the past....p/s: my only satisfaction right now is venting(so maybe misery does love company)....GLTA
That's where you are wrong...It's the exact same situation....(.028s/p or .0008s/p.)...That is same way i was thinking when folks bought in at .30s/p....The dilution will never end...your .0008 will become .00008 and much much less after a R/S(sure P.V and the gang will let it run a bit, so then they can fleece even more, just to see the s/p tank steadily))....If you are to blind to understand first hand from a loyal CCTR as myself, then bury your head in the sand with those rose coloured glasses, i am just trying to help any Value Investors out there....GLTA
This is not grief my friend.....My grieving days has already been absorbed about 8 months ago with CCTR.....I will move on eventually(tax loss season is 9 months away), BUT until i do, i am watching this play carefully as any of my other investments.....As i stated many times prior on this Board(much before your time i'm sure).....Great Company, Great Revenue, Great Profit.But deceitful management.....when they had only 50,000,000 S/O and then decided to start the dilution game all Hell broke loose with this play,they pumped press release like they were going to be the next Cisco.Then hypocretatly started dumping shares to its inner circle of family and friends....I got blindsided(like everyone else)...I am just trying to relieve any newbies of the same heartache myself and many had experience....GLTA
I have sold more than half my CCTR investments last year for a Tax Loss....AND i do plan on selling the remaining at year-end again for more Tax Loss(my holding is now worth less than $300, what am i suppose to do with that kind of chump change)....I want CCTR to succeed....BUT having a Founder(Phil Verges) that treats his circle of friends and family, before anyone else....You will see the light....Trust me....GLTA
That is what i'm trying to tell of of you folks....0.004s/p, compare to my avg. price of .028s/p has a long way to go and will never get there(unless a 1/200 R/S occurs of course)...Sure its fine if you are a flipper or daytrader at these price....BUT....Mark my word the s/p will go South from Friday's closing of .0009s/p(and please don't get me wrong, i want the s/p to catapult)BUT from my experience it has never happened yet.....This is from 15 months of waiting for brighter days, It never happens....The s/p always keep dropping lower and lower, today it will drop again....Sorry to be the one enlightning any Value Investors out there, about the negativity, BUT it is for REAL....GLTA
Sorry to burst anybody BUBBLE.....BUT we all know the s/p is going nowhere.......I know this company like the back of my hand.....LOOK AT THE CHARTS.....3 Billion authorized shares we are going nowhere, except maybe to .004 shares price.....Been here for over 15 months ....LOSING MY SHIRT....Please folks don't get fooled.....GLTA
This play can really make your head SPIN......Trust me all of you newbies....I've had CCTR for a long time now(just have not posted for about 6 months or so)......BUT trust me when i say this play ain't going anywhere(s/p wise).....PROFIT and GROWTH and increase in REVENUE year over year, but the s/p keeps tanking like a bomb.....I would have never gotten into this play if i knew Phil Verges and his close associates was going to take us bagholders to the ringer.....My guess we are looking at a minimum of at least 2 Billions fully diluted by now(you will see next earning report coming very soon).....I used quite a bit for tax loss last year and the remaining will be applied this year to offset more Tax gain that i am anticipating.....CCTR is my only play out of many that made me the biggest loss percentage wise....These Penny/OTC stock is only for daytraders(which i am not). I am a VALUE INVESTOR, figuring a couple years ago they were on track to catapult this play with all their GREAT earning report....Big mistake from my part....Sorry folks about the lenghty post, BUT i just don't want all the NEWBIE here losing their shirt like myself.....p/s Phil Verges and his crew will have their KARMA coming someday.....GLTA
Been here for a while now....If anyone would of read my past post(6-8 months ago)they sure would realize how the OTC market allows itself to operate this way(Happy Thanksgiving BTW).....Everybody is pissed at P.V(im suprised that restitution has not caught up yet with him yet)....I made complaints to SEC and they were cleared from their way of operating....P.V is taking fully advantage of the way the OTC market operates. In the meantime we have profitable company over exceeding all previous years sales and profit...BUT YET....The s/p keeps collapsing.....Tax loss season is here....KARMA with his opportunist tactics...A great company would have done a share buyback with those profits, but P.V figure he wants the easy money, Bleed everybody dry, but his inner circle of family and friends....GLTA
We long time holders(that bought in at .03-.06s/p), Will NEVER see those s/p ever again.....there is going to be 3 Billion S/O Phil and company could dilute this down to .002s/p(its a matter of time).....I learned an important lesson with this play.NEVER invest in any OTC or OTCBB company.Because we have no saying or any control has a shareholder....A profitable company with record sales yearly and the s/p keeps dropping to oblivion....p/s: i have been an investor with CCTR for about a year now.....GLTA
Authorize and/or Outstanding...Sooner or later it will be 3 billion shares outstanding, that was my point....The s/p price will never go up(P.V and family will NOT let it)....GLTA
GAME OVER!!.....now with 3 billion shares outstanding(exercisable)without any shareholders saying in this, it gives us shareholder ZERO room to do anything but to see our equity evaporate...P.V and close family company just hit the jackpot. AGAIN...GLTA
Next week should be news on TRR production....According to I/R.....Hang tight folks ...We shall see how there credibility is, on releasing timely p/r(should be VERY positive)......GLTA
Obviously the majority of the most recent post lately, are all daytraders.....I have been around this play for a while. And i can assure you, that P.V might be getting these contracts of $160,000,000 BUT these MILESTONE event that he is doing, gives him a much greater opportunity to unload major block of shares....1 Billion outstanding shares soon, if not already(then who knows what kind of Reverse split they will do)....If and i repeat if we ever see .04s/p again(which could be possible with 1 billion shares outstanding, but they manage to exceed the sales to over $100 million this year)Then its my MILESTONE of bailing out.
Got a reply from I/R today....Production is schedule to start this quarter( so i guess there is only a few weeks left)....Drills are still turning on Cote, and more results from those assay in about 3-4weeks..... They also have additional drills on their other Chester property....They have some C/A agreement from 6 prospects and 1 more down the line(i wonder whats that all about)....TRR is on the right track to get that s/p up accordingly very soon in my opinion....GLTA
NOPE.....No summer MILESTONE event....The s/p keeps going down in the ABYSS.....When is our latest new CEO going to put out a WEBCAST(he sure is a quiet fellow).Everybody is speechless with this play....OTCBB Market sure bleeds the retail investors....They take care of themselves(all insiders and relatives and close friends).....If P.V puts out more preferred class shares,i hope we could get in this manipulative game of his....GLTA
Interesting is not the word....Its MIND BOGGLING....Also i'm hearing that production will start very very soon(1-2 weeks time)....TRR is my #1 play at the moment....GLTA
New here on this board.....I'm hearing rumours here in Timmins that TRR and Goldcorp are to form a j/v on the Xstrata property.....Also Greg Mcoach believes TRR is going to have one of the biggest discovery in the last 50 years(everybody thought he was referring to EXS) ....I am loaded to the gills with this play..GLTA