Exactly,
All satire aside
With COR now sitting on 4 million in trespa$$e$ and two profoundly disappointed clients to atone for .They had to do something... their answer was to become vociferous and file a complaint against CRGP.
Bellowing my ridiculous “YOU SHOULD HAVE KNOWN . I CALL FRUAD FRAUD!!!!! THIS TRANSACTION IS NO FAULT BUT CRGP.”
It is really???
It makes perfect sense that CRGP would try to find a large board lot of shares to buy back around the ex-dividend date when there is a predicable a price drop accompanied by large volume.
It is a great misfortune that the sellers were ill-informed and sold cum dividend (I feel for their financial loss)
Once again …. The onus is now on CRGP to prove they did not knowingly buy cum dividend shares from purposely mislead COR clients
and up to COR to prove they did.
Paging forward to the Sept 10 PR….
I agree with most that was poorly implemented PR. My first impression, this was composed by someone who is truly angry.
Hence the quote from the fourth paragraph:
We are expecting solid growth and do not want to repeat previous errors that were committed by third party institutions
What it probably should have read “and do not want a repeat of previous errors committed by third party institutions.” As it seems to be CRGPs’ belief.
I am sure there is so much more to the story than my limited web surfing prospective can provide. As far as I can tell CRGP has done much of what it has promised to do, buy back shares and payout a dividend.
Yet, here we sit in a twisted state of bedevilment. Stock price in the toilet, shareholders deep in the red or fear selling.
Having the halt lifted is extremely significant but, I don’t imagine they made much headway reasoning with the regulating agency. So the most direct course of action for a company with some capital on hand (hopefully)… Just say S-C-R-E-W I-T go private and I will never have to deal with this ever again.
Disclosure: I have 16.5 million reason to take and deep breath and hold on tight. Hopefully the future will be bright.
GLTA
