Calissio Resources Group Inc (CRGP)

[jseps0036]

Based off the number of shares I own and how many shares I’m aware some others possess, I don’t think it’s possible for the float to be 26M. It would have to be quite a bit higher, but I would agree that it is probably quite low for an OTC ticker. The Level 2 has shown a propensity to be extremely thin, but millions of shares always seem to show up out of thin air to slow things down. That could just be MM’s and/or brokers trading between each other with the same few million shares in order to keep control over the price, which they can literally do indefinitely until an actual buyer swipes their shares away.

In regards to the “going private”, I’m not totally sold on that. The shares could have been bought out from the Greys at any point in the last 6 years, so why reinstate it, get it trading on the Pinks again, and employ a new TA? And SSM’s attempt to takeover suggests that CRGP was just a dormant shell. I’m leaning toward a reverse merger of some sort. Or it actually is going private (per 2015 PR) and the buyer was waiting all this time for legal issues to resolve.