Cartel Blue Inc (CRTL)

[stervc]

MercosurTrav, with that RVGD confirmation...

First, thanks for sharing that email! This is how I see things now. Please feel free correct anything that I might be misinterpreting.

This means that those shares have to be accounted for as an existing legitimate “physical” RVGD position.

This means that those shares can't be used to cover any shorted position.

This means that the most you can do with those 240,000,000 RVGD shares in cert form is to sit there with cert in hand. The shares have to be placed into electronic form in order to use them to cover. Also, not just placed in electronic form, but authorized for circulation while in electronic form.

This means that since they are not in automated form, the actual control of those shares still resides within the company. An opinion letter will be done 6 months from now by a securities lawyer and submitted to the company’s Transfer Agent (TA) waiting to be returned into free trading certs.

This means that since these 240 million shares are not automated, they don’t exist as part of the RVGD trading inventory of shares within the custodian of accounts with the Market Makers and at the retail brokerage companies.

This means that if someone really is short, at some point in time, at his discretion, he is going to have to buy in to cover his short.

This means that the company's management knows what they are doing and is stock savvy. The decision to make those shares restricted or free trading resided with the company.

This is also the company remaining ethical in doing what they promised in delivering the amount of shares promised for the conversion. I'm sure that this could be legally frustrating to someone else.

I think someone’s goal was probably to get those shares to be free trading to have “actual” control over how they could be disseminated into the market, be it used for selling or used for covering a shorted position.

With those share restricted, RVGD maintains "actual" control. The holder of the shares only has "physical" control.

With that confirmation, that means that the OS would be calculated as I had mentioned in the RVGD Valuation post within the post below:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26316739

This also means that he will be forced to give those shares out as a dividend to SGLS shareholders as explained in the link within that post above too. Or should I say it would be very ethical if those shares were to be given out as what was PR-ed.

Making those shares restricted was a key decision that saved RVGD shareholders in my opinion. I’m not sure if people still fully understand the magnitude of that email. If those shares would have been allowed as free trading shares, then it would have been thought that the company must have had some part in the shorting and would have been considered allowing the guilty party to cover. That fear is now gone and that confirms that they are definitely two separate entities with two separate agendas.

v/r
Sterling