Thats exactly the type of thing that happens. All they need is unusual activity-any penny stock that rises this fast for several days is unusual activity-and they will slap the old bones on and then look into it. Does not mean theres any questionable activity by the company.
The most innocent companies can experience this. E.g a 100 plus million revenue company-also very open and honest-attacked heavily by special interest groups-experienced this also. So they look into it,find nothing wrong w the company and remove the bones later.
It also can occur because of stock newsletters promoting a stock-I subscribe to maybe 100 and haven't received notice of any actual promo but CWRN is being mentioned by some newsletters as others have noted.
Many many of the penny companies promoted by the proliferating 100's of stock newsletters are more or less permanently skull and bones(even at $5/share) and people don't even realize it because the stock newsletters are not paid to advertise that.
Again,all they need is unusual activity for the people who have a vested interest in stopping the price rise and scare nervous nellies or bigger players who are not familiar w the upmanship played by various special interest groups in penny stocks-its just part of the game.
This is a major reason why an actual producing company like CWRN would want to go to a higher exchange-to escape the incessant games played by special interest groups in penny stocks. There are of course companies engaged in questionable activities but this is not one of them according to my,itmd and others dd-the most extensive dd I've seen posted on a penny stock.
This company is more open in its communication and available via phone and email than any company I've seen.
As far as the stop sign that's very common among pennies(its not the same as a stop trade order-its simply 1 of 7 classifications of penny stocks-with 2 classifications below it)-partly to save the extra legal and accounting fees of regular filings when you're operating on a minimal budget as CWRN was before ca June 2010.
And as noted by others will be replaced by current info status in April w their filings. And if they meet the extra requirements for OTCBB,they may become otcqb-the next to highest class of penny stock,in April or thereafter.
