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Or maybe someone just got excited over the earnings notification that was received and it prompted them to want to buy more shares.
$53 billion??? Did I miss something?
Yes. Maybe you’re correct and I just don’t recall seeing it before.
When did this get marked with the dark or defunct badge?
Makes sense. Thanks!
Based on other positions I hold it’s been my experience that the 211 should take no more than 2 months. Any ideas on what the holdup is?
Agreed. Not to mention the money paid to previous transfer agent as well as the new tranfsr agent.
I’m not too familiar with short selling or how “air shares” work, could these potential air shares that need to be covered have already been covered when this was trading a few weeks/months ago?
So what are they indicative of? Are mms and expert traders privy to inside info before us retail traders? Or could it just be anticipation like us?
Second document looks like a copy and paste of the first, except the number of shares are different. So they replicated an original document and changed the number of shares?
Ahhhh okay, got it! That makes sense. Thank you.
I’m not spinning anything, I’m the one who specifically interpreted their statement as they are waiting for otciq access in order to submit their already prepared filings and attorney letter, you said that all filings had been submitted. You’re the one that is spinning what I said. I never said the SEC had to be involved, I was saying there is an alternate route that can be taken to get out of the expert market, which would be going through the SEC and filing a 10-k. It’s a longer wait time and costs money but quite a few companies are going this route. You act like a know it all but all of your statements have shown that you know nothing about how the expert market works and how otciq works...and that’s okay that you don’t. Just stop trying to act like you do. No one knows everything but stop belittling people that may have knowledge of something that you don’t. I have been the one who came on this board and explained the process, stop trying to take my statements and twist them. Humble yourself because anyone following these threads can see that you’re twisting my statements and trying to take credit and act like you knew all along about otciq access and form 211. You mentioned nothing about them until I came on this board. I’m here just trying to give truth to shareholders and you’re taking things personally. Why are you so sensitive? As I stated before I am confident CRGP is working to get current, whatever the route may be, and I’m holding tight to my shares, not suggesting anyone sell anything because I think we are all blessed to be in the position that we are in. I continue to be patient and have faith.
What is the current short interest in CRGP?
Thank you. I’m not encouraging anyone here to sell. I’m simply giving the facts so people can understand it’s not an overnight process because others on here are setting unrealistic expectations, which can lead people to lose hope when things don’t happen as fast as people are saying. I’m explaining the process that I’m aware of and actually GIVING HOPE. Again we are all here to share our information, not knock each other down. Why am I being disrespected for explaining a process to the shareholders here that are looking for answers. If anyone doesn’t believe me then call Otc markets for yourself and they will tell you. I’m just trying to help and getting berated in the process. I don’t know why my comments are being taken so personal, there’s no psychologist warfare here. If I had to give advice I’d tell everyone here to HOLD TIGHT TO TOUR SHARES AND BE PATIENT. CRGP is my largest position and I’m confident they will come through.
I was simply answering a question that was asked, learn how to communicate without being nasty. I don’t know anything about the finra process, I’m glad you do. Thanks for your input.
They need to complete a form 211 to get back onto Otc markets, unless they take an alternate route such as directly thru the SEC, which costs a lot more and takes a bit longer as well.
It means the filings and attorney letter with regard to pink current status have been completed. Upon receiving their pin code for otciq the filings and attorney letter will be immediately uploaded for review by Otc. They are simply waiting for access from otciq in order to upload the already prepared documents. Once uploaded it should take a week or two to change to pink status if everything is in order. The only other issue is that they didn’t submit back in June as requested by Otc markets so they have fallen into the expert market, which requires more paperwork and more money. So this has added a little extra time to the process. I’m certain they are taking the necessary steps to get back to Otc. I can’t see why they would hire a layer to win back ownership then pay the old transfer company as well as the new transfer company, then prepare filings and give a public press statement just to let it die. We just have to continue to be be patient.
Process goes like this:
1. Company completes application and pays invoice
2. Otc sends otciq pin code to company
3. Company uses pin to access otciq and upload pertinent files, attorney letter, etc
4. Files become viewable to public and yield sign appears
5. Otc reviews files/letter
6. Otc either approves or rejects and requests amended documents
7. If documents are approved, Otc then then change tier status to pink current
I’m not sure what “package” you are referring to but they have paid their Otc invoice and are waiting for their pin in order to upload the files and attorney letter that have already been prepared. Otc markets doesn’t receive files, the companies are the ones who UPLOAD the files and then Otc reviews. There have been occasions where companies have uploaded files and were then told by Otc that they had missing/incorrect info and for whatever reason needed to be amended and re-uploaded. That is because Otc reviews AFTER they are uploaded by the company. Otc does not have a “package” they are waiting to review and upload afterward.Hope that helps.
Filings have not yet been uploaded, they are uploaded by the company, not Otc markets. Once filings are uploaded they are available for public view and review by Otc markets. CRGP does not yet even have otciq access. Once they are given their pin code for access the company will then upload. There are apps that you can purchase that give you Otc info for a ticker such as tier change, ss change, new filings, otciq access, etc. I run particular tickers that I hold through them everyday. For CRGP I check for otciq access every morning and night. They do not yet have access. As soon as they do you all will be the first ones to know!
Legitimate question here...
So if it's "been going down for years" then why didn't they just let it continue to go down? Why spend money to hire a lawyer? What could a possible intention be?
Of course they do! They had the ability to hire a high profile lawyer, right? All for what, to let the ship go down? I think not.
Have they stated no R/S?
What empty words? I was simply explaining the process of getting out of the expert market, which no one on here seems to be aware of.
I'm an investor and am actually looking to grab more shares as soon as CRGP is tradeable again, I AM CONFIDENT IN CRGP!!
Does that sound like empty words and distraction to you? If so you're delusional.
Why are you so defensive? Noise? I am a shareholder just like some others here, just giving information like the rest of us. I'm not calling anyone stupid. You were the one who thought the filings were already submitted and waiting approval for current status. There's no need to be so rude when we are all here putting our heads together. This is the exact reason why I stood on the sideline watching these boards before deciding to join. Some people are so emotionally attached to these tickers that they get offended when people are offering genuine information that they would rather not hear or believe. I apologize if you feel offended, my intention here is simply to share anything that may help to keep other shareholders informed. There is no "noise" coming from me, I am confident like some others here that CRGP is working behind the scenes and everything will come to fruition in due time. Never said it wasn't going to happen or spreading any FUD, just giving info for those that don't know because no one here mentioned anything about the process to get out of the expert market. All I'm reading is that things are submitted and they can become current any day, it's a bit more complicated now but I'm not worried. I know CRGP will prevail. Again, I'm just setting realistic expectations, that is all. We are a team here, let's not get angry at one another for keeping it real.
Yes, considering the company has otciq access. It has been my experience with other positions that I hold that access has been taking weeks to months just to process applications for access. Now adding another layer will prolong a bit more, since they have been sent to the exert market and are now required to complete a form 211 to back to trading on otc.
Also, because they have now gone to the expert market they must complete a form 211.
Hi, new ihub member here. Been watching on the sideline for months and finally decided to create an account here...been in since SSM had custodianship. Just my 2 cents here:
"All documentation including financial statements and the required legal opinion are completed, and all fees have been paid. Upon allocation by the OTCIQ system, the filing shall immediately be uploaded for its anticipated up-listing approval."
CRGP completed the application and paid fees associated with OTCIQ access but does not yet have access, once they have been granted access they will upload all filings. Key words being "shall immediately be uploaded".
"All documentation including financial statements and the required legal opinion are completed, and all fees have been paid."
Filings and attorney letter are done and ready for upload once they have been granted access.