Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Forget about me getting my facts straight. On this board there are numerous posters posting stuff which is far from the truth or a fact!
As I stated, I will wait with extreme anticipation for this great POR out before June 29th.
Till then you won't hear anything from me.
All I can say is wishful thinking.
We have had PORs in the past and we will have another one. Will hold my breath till June 29.
Looking for WEBTIME to provide his opinions on your post....
I agree with what you say.....however in our position; which happens to be stock holders of a worthless, 'shell' company we do not have the power or the say to put anyone to justice.
SEC is doing what its doing and whatever happens to Blum or Nether is not getting our money back.
Fact of the matter is that this stock is junk, we have a mill which doesn't work, no one know if this stock will EVER trade again.
What we do know is there may be a miracle and we 'may' get 1/2% of what we sunk into this thing.
Again....what will you or I or any stock holder gain, regardless of what SEC thinks and who they send to jail???!!!
I have lost thousands on this and there are others who have lost a lot more. Does not matter what happens with SEC or to Nether, Blum or whoever else was involved.
I am not getting my money back!
It does not make any difference, who did what and who was involved; whether it was Blum or Nether or anyone.
The fact is that this turkey is dead. It cannot be traded since last year. We are hearing promise after promise and there is nothing that will ever turn around this company.
We - the shareholders decided to put our hard earned money into a penny stock and we lost!
That's the bottom line, if this turkey ever reacts to CPR, you can hope for getting a couple of % of what you put in.
One way or the other we will always be in a loss.
Just be prepared to take the $3000 deduction from the good old Feds for a very long time.....
Don't understand your post. As far as I knew selling was never a problem and Fidelity is probably the only one allowing this. However even at a higher bid than asking price you have no buyers; which could only mean that no one is able to buy because of the DTC issue or no one wants to buy.....??!
I think you need to get your definitions of 'news' to match with what other shareholders think news is.
Everyone here has lost tons of money and court documents are just something which are part of the process. Speculation or not, we have received nothing from the BOD except that nothing can be openly disclosed because of the lawyers, etc, etc.
Webtime has always summarized the hopelessness of this whole venture from the start.
When the BOD has no news, they portray the release of public info- court docs as NEWS!
-) Priceless !!
Can the usual suspects make some promises, as usual???
Not that anyone will believe it anymore but its entertaining to read.
Something like 'POR coming soon', 'DTC ban lifting this week'......would work wonders, psychologically.
Oh yeah, now that there is a 'legitimate' ADDRESS to this scam, Santa would know where to go and who to speak to in order to get the ban lifted.
Hold on, address will be released soon, good news coming soon, POR coming soon, lot of other things coming soon...
Guess you missed my sarcasm....
Agree with you totally. This dud is the biggest scam-turkey of all times
Its things like these that get me excited!!!!
All money gone, no hopes in this venture succeeding but I am so excites as Copper is going to outshine gold.
Probably will. But how does that help us? We have a mill which who knows if its running or not, a shell company, bankruptcy cases, debtors, no new clients and a BOD who promise to make more promises.
Lastly, all that gold, copper, etc is supposedly still there but no geological surveys, etc are publicly available to validate the same.
Hey, I am still excited....remember they said 'soon' but not 'never'
I am fearing I don't get a cardiac arrest because of so much excitement.
I am so excited...but I don't even know what I am excited about.
Its a 'CPRK THING'
You forgot to add the famous quotes used by many here again and again:
"Good news coming soon"
What about my other question?
How much is 1% in $$ ?
What does NOLs and CS mean?
How much do you calculate 1% would be in $ ?
200 seems quite less for a company with zero value and about 5 billion shares or more outstanding, I won't be surprised if its 1000 or 10000 reverse spl.
In all probabilities the holders of the largest amount of shares will see the greatest increase; one way or the other as again in all probabilities this would go in for a reverse split just because of the sheer volume of shares outstanding...if I am correct around 5 billion or something ridiculous like that
Nicely summarized. That's a mutual feeling I share with you as well.
I think Stankyleg was referring to the official press release which was promised this week, 2 weeks ago.
Well, if that update 'ever' comes out....its probably getting delayed as the lawyers and management try to 'sugarcoat' the inevitable hopelessness of the whole situation.
Not a problem, no hard feelings on this exchange.
Once again thanks for your candid assessment.
I did not conveniently leave off any parts. I simply highlighted the major issues which are facts. I don't believe any formal release coming out from management is going to be as candid as your explanation and in all probabilities would have hints of everything's fine and there are other options being worked upon, etc, etc.
I am highlighting your blunt assessment of the situation and taking a practical approach to this which logically is telling me that there is no easy way out or simply no way out.
Chuck, thanks for providing this candid piece of information.
So, based on your response...
"Obviously the Company cannot provide any documentation showing that all of the Capital Stock was legally issued because it probably was not....."
"... the Company is also required to provide financial statements that have been properly prepared and audited by approved auditors. ..... Copper King is not yet in a position to begin an audit. "
Basically, from what I can read this thing is officially dead??!
The two main items required to start trading again 'may' never be fulfilled again based on the problems listed.
Any other ideas/theories that are being floated by management are just a shot-in-the-dark and may never materialize....did I miss something or is there still some silver lining somewhere?
Question for Chuck & Game/Changer
Chuck,
Do you have access to this so called list which will have the names and holdings and can you release it so we can put a stop to this conspiracy theory or reality one way or the other??
Game/Changer,
Hypothetically speaking, if Chuck does end up releasing the list and it does show Nethers or whoever listed there proving your conspiracy theories, what then?? What do you propose stock holders should do/can do if what you say is proven to be true.
As far as I am concerned this stock has lost all its value and is almost junk, even if we find out this whole company is simply a shell/tax haven how does that information, benefit shareholders who have lost their money???
Chuck, with due respect, any information so far provided related to the trading issues from the new mgmt. have been cryptic and almost useless in terms of 'details'. Again, nothing against you as you are just the messenger but we have been promised updates several times since last year.
Its getting beyond frustrating now....
Totally agree on the 'trading' part, this has been off limits to trade since early last year with no information on what is being done about this issue from the new management
I am not being angry, just asking for some facts. Based on your responses it seems you are a wishful thinker, however if the trading issue is directly related to taxes, once again I would ask for the board to make an official statement regarding the same.
I have done my own DD and it points to this turkey being dead and all investor money lost for the present and future.
Again if you have any concrete information, please post to dispute my theory.
Again, that is the most bizarre response I have seen to a question.
You are telling everyone that you 'know' things and have 'information' but there is no evidence being provided for anything. If the trading is being halted because of taxes not being done, would the EOC be kind enough to release an official statement saying the same??
Your statement:
"one day you will log on and we will
be trading again."
...this again is very vague and you are right, One day the US will pay off its debts and won't have a deficit !!!....ONE DAY
Based on what you stated:
"The SEC issue has been addressed and addressed
and addressed...sooner or later they will allow trading
to resume."
---This seems to be a very vague answer, I would assume that a member of the EOC would be able to provide more details or some kind of time frames as opposed to 'sooner or later'
I really don't care who has controlling interests but am definitely interested in finding out what the new BOD is doing, which was put into place last year. So far the trading issues have not been resolved and neither has any business plans, strategies, goals been disclosed.
I will agree to your statements here. In fact I have posted several times in the past pretty much asking questions along the same lines:
If there is really such a vast amount of copper, gold, etc in the mining area why doesn't an established public limited company pick it up at peanuts price? My postings were squashed by certain hardcore CPRK supporters here providing no answers to the questions but accusing me of trying to have everyone sell their stock!
Till date there is no valid geological report describing the natural resources present there, status of the mill or current clients, strategy, goals etc.
This was a scam to begin with, its a scam now and it will remain one forever. There is a reason why this is a penny stock, as it with every penny stock the risks are extremely high and because the market capitalization is virtually zero, there is one in a million chance a penny stock company can ever be successful.
As far as I am concerned, all the money investors have put into this is lost and everyone is simply hanging on with hope in the back of their minds.
Ok, let's call a time-out and move forward here.
So, assuming what you have been stating are true facts, what do you propose stockholders should do to handle this new BOD who are supposedly working against us.
What makes you think this thing will ever go to 0.003??
The US will turn over a surplus before this thing ever makes it to 0.003!
There is no reason to hold on to this trash. You can get a tax deduction when you donate what-you-think-is-trash to charities however this is trash one of a kind, its worth nothing, might as well hold off till year end and sell it and take the chump change in capital losses from Uncle Sam.
There are no new projects, no POR, simply nothing!