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Congrats all. Now this drama has finally come to a close.
Good luck with your money. Invest with caution. Maybe use a forecaster if you don't want to learn to read charts or do DD.
$CRGP
Haha. There will be no rescinding from other brokers because etrade is covering up some something and protecting their own @. It would be illegal to rescind anything now as there is no interested party and no court judgment to that effect. So they would have to take every affected customer to court first and go after each divvy individually with absolutely no legal basis. So if etrade keeps this up it is on etrade and its customers. I suggest legal action after the beginning of next year or so.
But count your blessings. At least the divvy was not taken back. Silver lining I think for many.
Probably trying to figure out the best way to give the shaft to shareholders. Maybe they will decide to just write a check to cor using the divvy money. Etrade is a scam.
That would indicate that they have likely something to lose in giving out the dividend. I wonder what...
They keep changing their story according to the people posting or reiterating etrade's responses. That raises a few red flags with me as to what etrade is trying to cover up or protect.
So there is no deadline eh? I also heard about the magical dividend gremlins. Trust me. They ARE real. They will..even if it takes 10000 years..get your dividend!
Is small claims court an option?
Keep in mind that this stock sees almost 0 volume every day, and that it is forever in the grips of the grey sheets stock monster. Even shorty would stay away from this.
$CRGP
The date is passed where even CRGP directors could recall the dividend and the court made its decision. Even if the decision were reversed, it would do nothing at this point, as we have passed the 90 day limit.
To have a chance at taking the dividend, COR would have to file individual lawsuits against each individual shareholder and then the burden would be on them to prove that that person owed them money. Not happening. Case closed as far as shareholders' dividend is concerned.
So I'm not sure where this "Divys stand(maybe)" comes from other than possibly "anger that your (COR's) side didn't win?"
$CRGP
COR clearing is missing a smoking gun to prove fraud. Negligence..interesting idea, since that is what COR asserts somewhat in this response.
$CRGP
This just looks desperate on the part of COR clearing. Clawing at anything to get someone to pay them back for their own complacency in the face of a shrewder foe.
Much like the entire receiver debacle. They will eat this loss in its entirety. Calling it now.
$CRGP
Even with the ruling to reject appointment of a receiver, something needs to be changed to stop other penny stock companies from pulling the exact same scam. Now that these scammers know it is possible, what is to stop them all from doing the same thing? I'm thinking it's going to take a lot to do, but can anyone think of the easiest way to stop this scam from happening again?
Something other than: COR should have done their DD. I'm thinking regulations etc.
$CRGP
Good question. But after the most recent court ruling denying a receiver, shareholders might win a civil case and probably have legal costs paid for by Etrade. I think a lot depends on how Etrade handles the court ruling. You could also take them to small claims court if your dividend was less than $10,000 and the cost to do this would be minimal.
Unless there is a pending case against Etrade, they should release the dividend to those who took the risk to buy the shares immediately.
$CRGP
Well couldn't it be possible that some shareholders are suing etrade due to the withholding of the dividend which was legally the sharwholders' to spend whether it was obtained by fraud or otherwise?
Wow!!!! So what does this mean?
Complete awesome you mean...a lot of people made bank off of this scam. Yes it was immoral. But so are 99 percent of these companies. Finally a win for the little man.
Are we sure etrade received funds to pay the divvy?
It is an estimated deadline according to the court documents. And don't worry. It is yours now. No one is going to take it now unless it is etrade.
Lol. Why maybe?? The court isn't going to change its mind. The ghost directors disappeared. Do you think dividends can claw themselves back??
In that light I agree and concur. And right now I'm ecstatic for the average investor that didn't get both ends of the shaft. And I also hope they learn to read charts and invest properly. So I do spend some time posting charts for people etc. My public service I guess.
I think I was referring to making money. Morality is not always the language of such a venture. But good luck trying to change the world. Lol
I guess I was only half right... or half wrong...cor did not win at all. Great couple of months. Finally a win for the little guys. Does anyone remember all of those posters saying we were going to lose? Wow. So wrong. Congrats to all crgp divvy winners. You officially won the lottery if you didn't reinvest it into crgp. But I should also say congrats to those who would have went into the red big time with a ruling in favor of cor. Anyways...enjoy your dividend and holidays guys!!!! Last post on this board...
20 minutes into the hearing. Anyone there taking notes?
Nice job. Get rid of em fast lol.
If they are lucky...they might get a short bounce from .0003 to .0005 because it fell here from .0008 in only a day...and im just assuming dow theory applies. But that would be the last chance to exit before 1s.
This is why I always watch the a/s. After the first increase there is typically either a fall or move up depending on the pump. But after that...down to trip zeros. Like clockwork. Good luck to all.
I got out when the a/s increased by an exorbent amount a few weeks ago. I missed the subsequent climb in pps though...but I guess I missed this too.
Ouch. What happened here?
I predict a win for both parties. The shareholders and cor. The judge will determine an alternate source of loss recovery for COR and the divvy will remain with shareholders. Just a prediction since you asked. This had been a fun ride and I'm sad to see it end.
Any submissions from COR this late in the decision making process appear somewhat desperate. I guess this is what happens when the fancy attorneys aren't around. Looking forward to the outcome here. Either way...definitely been fun.
Speculators could possibly double up just from the sheer torrent of happy posters given a positive ruling for this case (for shareholders who received the divvy). People often don't care what the good news is or if it is relevant to the stock price at all. Just that a lot of people appear happy on the board is what often matters when pulling the trigger.
Was a hearing required before a ruling?
It is only relevant because of COR's response which implies the opposite. Otherwise no one would be sending letters. Fairly amusing. Misunderstanding on top of misunderstanding.
All conversations are recorded with tda and can be subpoenaed
No the second one that Janice posted. Short and sweet.
Nice. I liked the last letter...the more "taken off guard" a shareholder appears the better. Just a taste of the "unsuspecting market" TDAC talks about.
Yes that has been suggested by a few already as well as TDAC. It is a pretty obvious recourse for COR if the receiver is not appointed. They should be the next in line to blame assuming other parties are not held accountable such as signature etc.
Your proof?
And for the 10th time...that isn't the point. And lawyers quite often ground their arguments with facts do they not? And not implicit lies?