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Re: microcaps1 post# 31488

Wednesday, 03/02/2011 10:58:55 AM

Wednesday, March 02, 2011 10:58:55 AM

Post# of 91121
To my knowledge a company can only be suspended for fraud.
There was not even any suggestion of fraud otc(pinksheets) told me re the ce issue-so this is NOT an SEC matter.

And as noted by others CWRN was required to post the buyout offer under advice of legal counsel and had no part in any scam re a proposed buyout.

You can't get suspended for not having current filings.
All of the following pinksheet classes are without current filings and have over 25000 companies:
ce-100's or thousands of companies get this,including most companies promoted by penny stock newsletters and you have traded those stocks without even knowing they were ce and many were ce for reasons other than a promotion,
grey market-last I looked there were over 20 thousand companies in the grey market alone,
no info-which is what CWRN was before ce
and limited info-CWRN until they stopped filings to save legal/accounting/pinksheet fees.

The 2-28 PR says this issue will be taken care of THIS month. Since they know current filings are necessary to resolve this issue to receive "current info" status they seem to be saying they will post current financials(which means at least through 12-31) THIS month. They plan on posting 1st qtr financials mid April.

Shipping begins March 17. I have challenged for a long time to find another company with pps this low that is transitioning to this magnitude of substantial revenues-and nobody has even attempted to put forward another example. I haven't been able to find anything comparable to this after researching thousands of penny stocks since I bought CWRN Aug 2009.

Every penny company and many blue chips that I have been aware of has had substantial delays-usually numerous amounting to multiple years. But this company is in 24/7 production-see the pictures of the night shift under lights posted by more than one person.
CWRN is the only junior miner I've seen go into production since I first bought CWRN Aug 2009-it is a very rare event.