An observation that I have made thru the years is that not all CEOs and CFOs are intellectual giants. In fact most know more about the operations than they do about Tax, SEC, OTC DTCC or any other financial or regulatory rules. With this said, the key is: does Calissio Resources and Carter own up to the errors made and take responsibility, pay the owed fees and penalties OR point fingers at others and/or cuts and run. IF it is truly an "error" they will do the right thing and we will, with time, turn this thing around. If not it is a SCAM and time will tell the character of Calissio's "management". Other legitimate companies have screwed up and took the time to audit and correct the errors and most importantly, learned from the mistake. This is really all about character. I give this one a 10% chance to recover at this point. About 15 years ago I owned an OTC stock @ $6.00/share, trading was halted because the CFO was "cooking" the books to meet market expectations. Buying more the next week at $0.08 as a pinky I was taking a big risk, and, after a time, I cashed in big. Good luck fellow stockholders.
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