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Where is the company? Where is Carter? They could communicate. They could explain why the merger hasn't happened! These posts debating the dividend are pointless unless Carter and CRGP return in some way. If they don't, our shares will be worth ZERO like they are now!
Where is CRGP now? Where is Carter? Where is the merger they did a PR on? 100% loss doesn't lie, so I want something good to happen!
So what happens now?
I still have a 100% loss on my CRGP shares.
What kind of filing?
When?
This isn't a joke. I have a 99%, now basically 100% loss right now.
When will something good happen!?
Why do you think a merger is coming soon? They did a PR on it many months ago and nothing has happened. I would love for it to happen as I currently have a 99% loss.
What will that case settle?
So what happens now?
If that is true, what would it mean for us shareholders?
Sure seems like it!
Then Carter should move forward with the merger he pr'd, so I can recover something which as of now is a 99% loss. If the scam was from the entities you mention, which I think is possible, he should move forward with the merger pr'd.
Why do you think a now dead shell had all that volume before?
What was all that volume we had? It was off the charts, and then nothing and it just died. It had to be something. Was all that volume fraudulent? I don't understand what it could have been given that nothing has happened and we are dead in the water right now.
Thanks for that, but I am out of funds. No Christmas here. I remember this one had all that volume out of the blue so we thought something was going on then it just went dead. UGH!
They just scammed us, I guess?
Sounds interesting, buying time until something good happens for us I hope! :)
Cool, thanks. I am hoping they have more to go on than just that PR about the sale of the mine.
Looks like that Feb date is from the PR where they sold the mine. And the second part of the payment for the mine is due in Feb, so it doesn't seem like that is for the merger or at least its not explicitly stated so in the PR from what I see.
LAS VEGAS, July 24, 2015 /PRNewswire/ -- Calissio Resources Group, Inc. (OTC: CRGP) announced today that the Company entered in to an agreement with Milagros Del Cobre Mineria S.A. de C.V. ("MMC") whereby Calissio Resources Group, Inc. sold 100% of its interest in San Pedro Mine ("San Pedro"). The total purchase price of USD$14,600,000 will be paid by the assumption of debt and in shares of stock of Milagros Del Cobre Mineria S.A. de C.V. and USD$7,360,000 in cash to be paid no later than February 22, 2016. Calissio will continue to hold a 49% security interest in San Pedro until such time as the purchase price is paid in full by MMC. The agreement includes a full release of the Company and its affiliates from all potential claims and liabilities related to San Pedro, and allows Calissio to retain possession of all owned machinery located at San Pedro.
Can you ask them again? Ask where they got that from?
How long do you think it will be?
Are you being serious or are you just messing around? I am looking at a 99% loss right now after reinvesting the dividend, so my stomach isn't feeling too good right now. Thanks, last post so I can't respond today.
Sounds good! I hope it happens fast!
What do you think they will do to make them pay? Get it back to pinks and then ????? It won't go anywhere here on the greys.
Buy millions of these .0001's then!
If they haven't filed with FINRA by now, why would they? What would change to make the merger actually happen? I thought it would have happened already given that PR, but here we sit and it hasn't happened for some reason. Surely if a merger did take place, we would receive something for our CRGP shares, either cash or new shares in the new merged company, right?
So at what point will they have no choice but to pay higher prices? I guess we don't know when the "merger" is set to happen, but I guess that would be the date, right?
What makes you think that? I sure hope it is true. I imagine it will be hard for them to buy back a lot of shares when it is still on the greys though. Would be easier if it was trading normally on the pinks.
Can't reply to PM's, but thanks to the person who just sent me one about what I asked!
Someone please buy my 5 million at .0001
Do you think there will be a buyout/merger in February 2016?
What do you think will happen with our CRGP shares? What will happen to us shareholders?
So we will be paid SOMETHING for our shares? They can't just go private and leave us holding private stock that we can't sell right?
You can repeat it all you want, but the terms of service clearly say they do not have the legal right. So, what you are saying is just factually wrong. Their own website describes when they can do it, and none of the conditions apply here at this time. No other brokerage is doing it which should give everyone a clue, but that is irrelevant anyway because the terms of service agreed to by both etrade and its customers is clearly outlined. We agreed when we opened an account and checked the box so to speak, but etrade is now violating that contract. If I wasn't poor, I would sue them just out of principle.
Do not confuse your belief that CRGP is a scam with etrade's legal right, or in this case, there lack therof to freeze customer assets without any court order or due process.
No, they do not have the right to do what they did. Their terms of service clearly state that in order to do what they did it requires a court order/tax lien/order from regulator etc and none of those have happened by their own admission! They admit they did it on their own to protect us customers from ourselves. FINRA did not tell them to do it, FACT.
I am not on margin, never have been. Yet my money is totally frozen in etrade now. They are violating their own terms of service which clearly state they can hold funds etc but they need a court order/tax lien/order from regulator etc, and none of those have happened! FINRA did not tell them to do it, they did it on their own which is obvious simply because other brokers have not done it. A blatant violation but since I am poor, I have no realistic recourse that can do anything in a sane amount of time.
If people shorted and now just don't want to pay, then too bad for them. Pay the heck up and shut up about it.