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They really have to fix this now its like investors are getting duped and cant even do anything about it.
I'm right there with you been waiting to get back up to a penny because I can't buy . I'm using ally by the way (not made for daytraders) but nonetheless I was still able to buy but can't pick up pinks under a 1 cent
Now is the time to at least give the shareholders some kind of assurance all is well. Plus its CRYPTO WEEK in MIAMI. If I was even remotely involved in a crypto bizness I would be there. It would be cool if TP attended the convention. CCTL should be there in my opinion. I'm thinkin its gonna be huge for all crypto stocks this weekend.
A whole lotta tree shaking going on here. Hold on tight lol. Too many servers, Too many altcoins, and bitcoin going back up. I am curious what other tickers have been flagged with the C.E. in the same timeframe. Is it only the tickers that someone points out or is the SEC actually doing their homework. CCTL has made a tremendous effort to get the C.E. removed. I am still scratching my head on this one.
CCTL has done a lot to get current this C.E. should come down. That's somewhat opinion based but the facts are unfolding piece by piece seems they are in Tom's favor and normal trading should resume soon and when it does you already know whats bout to happen. Those servers can do a lot more than just mine or stake tokens. Datacenters are the future. They will be everywhere.
I don't think the average joe can trade on the grey market. Its for institutional investors. Not retail investors
I mentioned the 15c2-11 rule a few months back. Pinks that are not current by mid September will no longer be available to retail investors. CCTL is one of many to come. But I like the fact that we are current in seems to be all required areas. And the C.E its anybodies guess whats going to happen with that.
Thank you #True Talk . GLTA
Absolutely I wish the best for the company . As an investor we should call out certain things . I'm not a basher or some kind of op . Just think this is gonna slide a little more in the meantime while TP getting things right.
I don't know and just owning shares and knowing this had a stop sign on it is giving the benefit of the doubt . Obv I thought TP would get everything in order . I kind of still do .I pretty much knew what I was signing up for . I just know there is more bleeding to do before things start jumping again. Those who are up from sub-penny might take profits because with the current circumstances its going back in that direction . Don't know why some think this is just gonna bounce off getting the skull and crossbones . Like this is a good thing . It would be a good thing if he fixes it yes then this is the ultimate dip .Otherwise its the sign of a failing company .
GS pushed the agenda on the twitter But TP cmon your a CEO now . Where is your legal representation. GS planted the seed sometimes thats all it takes .
I do think GS got it out for CCTL for whatever reason and he did attempt to bring the company down . their are much worst tickers than CCTL . But at the same time I believe in being responsible for your own actions and as a company not protecting themselves from any one (not just GS) is irresponsible . Times like this is where your attorneys and representatives should be handling this before you get a skull and crossbones .
CCTL will surge when They fix the C.E and TP starts taking Rule 15c2-11 and investors seriously . GAHC seems interesting with using the blockchain for voting .
BTSC is no better than CCTL . I actually picked up CCTL over BTSC . INTV is prob the safest crypto miner under 1.00 right now .
LOL I didn't know who sharp was till I picked up CCTL shares lol . I don't know why some think its gonna be some immediate turnaround . The bottom of this C.E thing hasn't hit yet . I say the sooner the better . Why peel the band aid off slowly .
Invest with your mind not your heart . Look at the facts . Right now its poised to go down . It has a skull and crossbones for good reason . Rule 15c2-11 is being put into effect by sept. 2021. Most tickers that want to be relevant are working overtime not to be slapped with the skull and crossbones and stay on the retail market . Because as you can see this will be totally suspended and be grey market if this incompetent company doesn't get they shit right very soon .
In your honest opinion do you think its worth more today .
The C.E sign just went up . Takes at least 30 days to come down prob gonna be more like 60 days because they have to get their filings together . Then they have to be reviewed and audited. This just started bleeding . Dollar volume going down by the day . I must be thinking forward because thinking the skull and crossbones is some kind of buy sign is backwards. Just being realistic.
Let me be careful what I say don't want to get verbally assaulted again
Bitcoin 60k and this still down .
Talk that shit to George A Sharp the one who brought your fav company down . I am out of messages for the day . Stay positive we going to a penny . For all CCTL Sore losers who are mad because they are down Talking about peoples mom is real classy . Gonna let the world know how CCTL fanboys get down . Low class just like the CEO who played you like a fiddle . My mom really . You are a scumbag and a loser . If you can't handle some one joking about this joke of a stock then you shouldn't even be trading . Somebody show me how to block this garbage . Where are the moderators letting this coward who is in his feelings mad because you a loser .
For the record I am long on this have a sense of humor .
Neither is TP . He def ain't for the C.E shit he ain't even for the company the way things looking . He bounced to Illinois smh
Whole lotta Diamond hands is turning Cubic Zirconium lol . We got quartz hands now bro . Lol some moissanite hands lol . MF crystal hands . lol . I'm laughing and crying at the same time lmao
0.011 before the day is done . Now we can have some fun
If you buy right now you must be dumb . Come back another day for now RUN .. Yall like my rhyme . I spit those bars ya dig . ;)
We haven't even begun to bleed yet over here . We are not even down 50% off of a skull and crossbones slapped on this . Lets be realistic things got to get worst before they get better . If your a believer brace yourself and average down ( if your broker lets u buy ) . If your a shorter get your popcorn . I'm j.s. with the things going on if you really think this is gonna go parabolic today, you must be bout as bright as a 1 watt light bulb
Until some viable news comes out or the fins get submitted, this is going down . The tweets and everything outside of what is actually happening is all fluff . Reminds me of someone who ran a country from a Twitter account . Look how that turned out .
Lmao I am down on this . Maybe I should have I'd be up . Just looking at the facts . Some brokers aren't even allowing retail investors plus all the nonsense with the company and having beef with an SEC whistleblower , shit I am surprised its still over a penny .
I think that penny is coming soon . Gonna get huge support at that level tho . Especially since some brokers don't allow to buy under 0.01 . Sh!t some brokers don't allow you to buy this at all .
Thanks , appreciate .I'm seeing over 50% . That is a little high but then again this is the OTC .
Does anyone know what the short interest is ?
That big skull and crossbones sign is attracting the bears . They are scratching and clawing . This is def attracting shorters
This didn't hit a a penny yet . How long is this gonna hold up . A lot can't even buy because of the C.E . Holding up ok under the circumstances . Don't hold your breath tho you gotta expect more red to come . The skull and crossbones is still there and waiting on the fins . Just being realistic . We might see yesterdays lows or even lower .
algorithmic trading ?
From the OTC Article about Rule 15c2-11 . This CEO had to have seen this . To not take it seriously , is an eyebrow raiser . Or he just doesn't care about retail investors . I am speculating , I don't know how he feels but action speaks louder than words. This stock would be nothing without retail investors .
Companies that do not provide current information, or meet the requirements for ongoing quoting, may be eligible to be quoted on our ‘Expert Market.’ We are seeking exemptive relief for our Expert Market, where brokers will be able to publish proprietary quotations in securities that are no longer eligible for public quoting under the amended Rule. This includes those securities that fail to meet the current information, frequency of quotation and restrictions on shell companies, as required under the amended “piggyback exception.” Quotations in Expert Market securities are limited to qualified investors, such as broker-dealers, institutions, and accredited investors. By limiting quote distribution to sophisticated market participants, retail investors and the general public will be better protected.
https://www.otcmarkets.com/learn/investor-protection
Articles like this and the OTC emphasizing on investor protection is why the C.E skull and crossbones is slapped on CCTL. Recent efforts by the OTC to deter nefarious trading activity include Rule 15c2-11 and there is a new rule about shorting taking effect Mar. 19 . These CEO or President of these companies allowing false or incorrect information to swirl which in some cases is not intentional , social media has a mind of its own. But at the same time to allow a false narrative as fuel to drive a stock up will definitely get you flagged . This boils down to common sense and common decency . Do these companies think they are playing a game or something .
I can name a few in the crypto mining space that are def suspect and more than likely next to get the skull and crossbones . First one come to mind BTZI . If this is 14 cent CCTL should be .50 cent
In short if these PINKS don't get their sh!t together and file everything required to be transparent they are only going to be quoted on the Expert Market . Rule 15c2-11 doesn't take away the ticker . It takes away the quote to retail investors. Its not just CCTL , there will be many more in the coming days . Do your DD before you invest on any ticker . CCTL is just part of the first wave of tickers going C.E. Bears are gonna be on these like a salmon run .
Read this and you will Understand why CCTL is C.E. > What are the most significant changes to Rule 15c2-11? Fully Effective SEP. 26, 2021
The SEC’s amendments are focused on improving the information available to investors, deterring fraud and reducing burdens for broker-dealers quoting OTC securities. While the final Rule contains many changes, the overarching framework aims to modernize the OTC market in the following ways:
Companies will now be required to publish current information in order to be publicly quoted on OTC Link ATS. The rule will now require that current information about an issuer be publicly available in order for a security to become quoted initially, and remain quoted, under the amended “piggyback exemption.” Quotations submitted on an “unsolicited” basis will still be permitted under the amended Rule, subject to additional requirements.
OTC Markets Group will play a greater role in bringing companies onto our markets. Under the amended rule, our OTC Link ATS trading platform will function as a “qualified interdealer quotation system” and brokers will be able to rely on our current information designations in lieu of submitting a Form 211 with FINRA. This new regulatory status will streamline the pathway to the public markets for companies that are current in their disclosure obligations.
Companies that do not provide current information, or meet the requirements for ongoing quoting, may be eligible to be quoted on our ‘Expert Market.’ We are seeking exemptive relief for our Expert Market, where brokers will be able to publish proprietary quotations in securities that are no longer eligible for public quoting under the amended Rule. This includes those securities that fail to meet the current information, frequency of quotation and restrictions on shell companies, as required under the amended “piggyback exception.” Quotations in Expert Market securities are limited to qualified investors, such as broker-dealers, institutions, and accredited investors. By limiting quote distribution to sophisticated market participants, retail investors and the general public will be better protected.
How will the SEC’s amendments to Rule 15c2-11 change the OTC market?
These changes are poised to bring greater transparency and efficiency to the OTC market. The modernized Rule formally recognizes our existing information review and compliance processes that issuers use to efficiently disclose information and that brokers and investors rely on to price risk and make informed investment decisions. By requiring current information and shifting the information review obligations to the operator of the trading system, issuers will be encouraged to make disclosure available and brokers can more easily rely upon our current information designations to quote and trade OTC securities.
The amended rule also improves market efficiency and capital formation by introducing several new exemptions to facilitate the development of public markets in stocks that are less susceptible to fraud. Securities of large, liquid companies that meet minimum financial standards, and those issued in underwritten offerings, will have a streamlined pathway to a public market under the new Rule.
On the heels of the SEC’s amendments to Rule 15c2-11, FINRA filed a proposal seeking to cease operation of its OTC Bulletin Board (OTCBB), the legacy quotation system for OTC securities. The shuttering of the OTCBB, along with the final amendments to Rule 15c2-11, marks the beginning of a new era in the capital markets.
How will the requirements for companies currently quoted on the OTCQX, OTCQB and Pink markets change as a result of the Amended Rule?
The Rule recognizes current disclosure provided by companies on the OTCQX, OTCQB and Pink Current markets, whether under an SEC Reporting standard, Alternative Reporting Standard, Regulation A, Regulation Crowdfunding or pursuant to Rule 12g3-2(b). While the disclosure rules for companies on these markets are not expected to change materially, the new rule introduces certain restrictions on public quoting, including those for shells and other non-operational companies that may apply to certain companies currently quoted on the OTCQB or Pink markets.
Companies that are designated as “Pink No Information” or otherwise fail to provide current information as required by the Rule will no longer be eligible for public quoting, subject to certain limited exceptions (for example, certain quotations submitted on an “unsolicited” basis). If these companies do not take proactive steps to make disclosure available before the September 2021 compliance date, they will move to the Expert or Grey market.
When does the new rule go into effect?
OTC Link LLC, our broker-dealer subscribers, and companies quoted on our markets, must comply with the new, amended rule before the September 26, 2021 compliance date. We continue to actively engage with the Commission and our market participants to ensure a smooth transition to the amended Rule, including seeking exemptive relief for certain categories of issuers on our markets.
They possibly do have bitcoin and ethereum and other altcoins . I don't think that TP has been in mining space for so long and not have no crypto. He has been on VICE and numerous other interviews, and publishings . It seems like they are making an effort by posting the 2018 and 2019 financials. The OTC has a new rule being implemented by SEPT 2021 its Rule 15c2-11 . I think CCTL got caught in the crosshairs due to the lack of Filings and Current information . A lot of other non current Pinks will also be getting the Skull and Crossbones C.E. in the coming days. Here is a link to the Rule https://blog.otcmarkets.com/2021/01/26/transforming-the-otc-markets/ . CCTL can turn things around from here on out and get current . This is their chance to fix all these issues . So many watchers on this . Negative news brings a lot of attention . Could be explosive on the rebound .
I do still think cctl has to be a little more professional with their filings . That skull and crossbones not a good look. Tighten up so the Sharps out there have nothing to say . Plus the otc has been getting stricter by sept a lot of tickers will be grey market . Rule 15c2-11 will be in effect sept. 2021 Most dark or non filing companies will no longer be available to retail investors