Charlestowne Premium Beverages Inc. (FPWM)

[NobleRoman]

Here's the New Filing I saw:

https://backend.otcmarkets.com/otcapi/company/financial-report/242659/content

It's back. This shows work and preparations, which I like. This stock has been very resilient as the world crumbled because of the extremely low float. I define the float as others here defined it at 2M or whatnot. But this filing defines it as about 160K shares. It depends on how one defines the float. I prefer our definition. At the same time, their definition is more about what they decide to do with the shares, and that's a good thing. As in, hold or sell.

2M *freely tradeable* shares went to a "Wellesley Holdings" which is someone behind a name. And if anybody is going to own 2M of our float, I want it be in someone's hands hiding behind a name. That's a strong poker player, and I want to know who's at the poker table with the other 160K weak hands. Good.

Then this note explains what those mystery 2M shares were for, which we were speculating about before. I would have preferred they went to a competent marketer, but I guess this explain why we haven't seen competent marketing yet:

On October 3, 2019 the Company approved the issuance of 2,500,000 shares of its common shares in exchange for a reduction from principal on a Note payable. The shares were subsequently issued on December 18, 2019.

That shows planning and preparation. The tweets, however, just jacking around and not accomplishing anything. I do like the previous press release. That was real good. I like the planned laid out and things like "soon." So, soon, I'd like to see something professional roll out. That's a lot of shares, so we deserve a professional show with professional actors. Not what we've been seeing lately. So far, their methods are not turning heads. Find head turners!

Then it says this:

On September 1, 2019, the company filed with the State of Nevada for a name change to Charlestowne Premium Beverages Inc.
Formal closure of said name change is pending and expected imminently. Thereafter, the company will pursue the follow-on name
change process with FINRA. At such time, the company will change its CUSIP number and SIC code to reflect this.

That sounds like a ticker change to me, so I'm confused when the comopany said they won't change their ticker. When a CUSIP number changes, that means our ticker will vanish and be replaced with a CUSIP number temporarily, and then change back to a ticker. Usually when that happens, it comes with a ticker change as well. So, why not just change the ticker too? I don't understand, but be that as it may be. That means nothing dramatic should really happen until this event happens, as I understand it. The final process of all of that still pending.

I think there are 2.5 M shares I still haven't accounted for, and I do hope those, at least, are in the hands of a professional marketer. Or a partner, or something to materialize in the form of WORK. All these vested interests can't sell because there is no liquidity. And the liquid float as I see it is 160K shares. And that's real good physics at this time.