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Re: Elkay11 post# 30391

Monday, 10/02/2017 1:33:49 PM

Monday, October 02, 2017 1:33:49 PM

Post# of 59601
I do not believe $CRCW shares are actually trading, not for retail investors anyway. The only shares that are trading are shares to accredited investors in connection with the closing of a private placement a.k.a. non-public offering. I do not expect those shares to start trading until the name and ticker has been changed to The Crypto Company. This is just my opinion but I don't think Croe Inc will trade until it increases the share structure by reverse merging with $RMRK. Even though a company can start publicly trading faster by undergoing a reverse merger, it still can take some time. I am sure the brains involved want to make sure the shell is clean before they finalize the acquisition.

Let us not forget that The Crypto Company has not yet acquired $RMRK. Even though the Company agreed to fund up to $300,000 to settle outstanding convertible debt and accounts payable, the Company only advanced $107,000 on behalf of Rimrock to settle liabilities. I assume as long as everything looks good and the shell is clean enough they will go through with the acquisition but a reverse merger can take 1-6 months as appose to an IPO that can take 6-12 + months. As we have no definitive news from the company this is a speculation play so this is me...speculating.

My opinions are just my opinions and should NOT be used as investment or financial advice. Your financial future is in your own hands so trade with wisdom and NOT emotion. Good luck and happy trading!