Thursday, March 03, 2011 10:28:21 AM
"The Management of CRWN, Cotton & Western Mining, took the prudent step in quickly rejecting the offer and providing a copy of the press release with contact information on the firm that provided the buyout offer–this of course now puts pressure on Freedom Network; as, the firm will have to quickly offer details on the offer–or as it often happens in Penny Stock Land…quietly sulk away."
"For the day, shares of CWRN actually rallied twenty six percent to end the day at $ 0.0259 on Volume of 55 million shares. Speculators, it seems, are betting that the beat down from yesterday—may translate to a buying opportunity. This round goes to CRWN Management."[emphasis added].
So -an outside source that says CWRN did the prudent thing-though most on this board agree the 3-1 PR was unfortunate-but Bob had no choice as per legal counsels advice. Get everything out in the open. Thats how Bob approached the ce problem-tackle it head on. And they are working on financials to post and move to greater transparency.
Eventually revenue will significantly increase pps.
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