DesertRat1...finished accumulating position.....
"Bid is up to .20 from .05 just last week. Strong buys late day too."
43.6k of yesterday's volume was just me finishing accumulating a position. All of my buy orders were entered at 29 or 30 cents, but I actually managed to get a few shares at 17 cents. Currently own about 5% of the shell at an average price slightly over 25 cents/shr.
I am guessing that Belmont Partners (Joseph Meuse) is the consultant firm that will purchase majority control of the shell, based on the two main (albeit limited) pieces of information disclosed in the last two letters the CEO posted on the website.....
1) A consulting firm will purchase majority control of the shell.
2) CCKH's transfer agent has been changed to Pacific Stock Transfer.
Assuming that Belmont is the shell buyer, and the delay in signing the deal has provided sufficient time for Belmont's client to get everything in order, I would guess that we might find out who the RM candidate is perhaps as early as next week. Then it becomes a matter of the quality/structure of the reverse merger deal. Just about anything (good or bad) could happen at that point, so it should start to get a little interesting soon.
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