CE on Crypto Company= Good News for RMRK: The CE issued to The Crypto Company is due only to a lack of tradable shares IMO. There is a serious illiquidity problem with CRCW... but the good news is that the merge with RMRK solves the problem.
The Crypto Company purchased Croe (CRCW) with a Restricted Share Agreement and a Free Trading Share Agreement. The majority of the shares purchased were restricted unregistered shares and only 850,000 are registered. Croe only filed one S-1 for 850K shares that went into effect. (links below). So, realistically the float for CRCW is only 850K, therefore the huge fluctuations in CRCW's PPS. However, the restricted share purchase allows CRCW to raise funds through private placement selling only to accredited investors. The most recent selling at $7 per share. Page 23 of CRCW's most recent 10Q tells these accredited investors what their near term future holds.
I see the RMRK / CRCW merger being extremely beneficial to both parties. IMO, through a share exchange CRCW will split and RMRK will reverse split and the 2 will meet somewhere in the middle all becoming registered tradable shares of The Crypto Company. The shares will be valued on an arbitrary or non-arm’s-length basis as mentioned on page 23 of the recent CRCW 10Q. A legitimate PR on the merger will send RMRK's PPS soaring upwards just prior to the merge (IMO). The fact that the OTC has now placed Caveat Emptor on CRCW will light a fire under CRCW to get liquidity to all of the accredited investors' who just bought shares and there's only one way to do it fairly soon: $RMRK.
Croe /CRCW - S-1 for 850,000 shares:
http://app.quotemedia.com/data/downloadFiling?webmasterId=101803&ref=11188128&type=HTML&symbol=CRCW&companyName=CROE+Inc&formType=S-1&formDescription=General+form+for+registration+of+securities+under+the+Securities+Act+of+1933&dateFiled=2016-10-21
S-1 Effect Notice:
http://app.quotemedia.com/data/downloadFiling?webmasterId=101803&ref=11286633&type=HTML&symbol=CRCW&companyName=CROE+Inc&formType=EFFECT&formDescription=Notice+from+the+SEC+of+registration+effectiveness&dateFiled=2016-12-19
The Crypto Company 10Q (for period ending 09/30/17):
http://app.quotemedia.com/data/downloadFiling?webmasterId=101803&ref=11893101&type=HTML&symbol=CRCW&companyName=Crypto+Company+%28The%29&formType=10-Q&formDescription=Quarterly+report+with+a+continuing+view+of+a+company%27s+financial+position&dateFiled=2017-11-14
$RMRK/CRCW$
https://www.otcmarkets.com/stock/CRCW/quote
Recent CRCW News
- Form 8-K - Current report • Edgar (US Regulatory) • 03/06/2024 09:00:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 09:00:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/07/2024 09:00:19 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 11/30/2023 09:21:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/30/2023 09:05:38 PM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 11/30/2023 09:05:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/29/2023 12:21:43 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 12:08:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/17/2023 09:00:35 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 05:40:03 PM
- Blockchain Shares Pop On Form D Filing • AllPennyStocks.com • 10/10/2023 09:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/10/2023 01:00:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/07/2023 08:00:42 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 12:00:41 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 08:00:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/30/2023 08:00:14 PM
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