Tradeinman,
Let's take a look at why they are current in their filings. Below are two recent posts by OMO on the subject. So, we can see that the toxic lenders forced the current filings so they can continue to convert their holdings. CRQE leadership did not have any intention (or funds) on getting current. CRQE has no money, they are insolvent. They cannot even afford to file to either increase the authorized shares or perform a reverse split, in order to obtain more shares to sell. Cirque Energy II LLC (Not CRQE) will continue, though, with all the assets we investors have paid for over the years. Again, who are the private shareholders in Cirque Energy II LLC? Yeah, you should keep trusting the leadership team.
onemessageonly
Thursday, 01/14/16 12:38:29 AM
Re: cbo post# 32043
Post # of 32242
I know!!!!! The company has reported erratically, Lenders have been not allowed to cover twice over a two year period. A "rough " calculation would be 12 months straight. They actually paid so the company could become current, allowing them to convert.
Square peg in a round hole type of thing.....love it!
onemessageonly
Thursday, 01/14/16 12:14:55 AM
Re: djpm3 post# 32036
Post # of 32242
Kind of..eh'. They are current which allows conversions. That's it. With regards to the second......no comment.
Study Silverthorn. Use metasearch always.
