News Focus
News Focus
Followers 47
Posts 2530
Boards Moderated 0
Alias Born 12/16/2010

Re: techtrade post# 3206

Saturday, 03/26/2011 1:51:55 AM

Saturday, March 26, 2011 1:51:55 AM

Post# of 6560
Thanks, Techtrade.

Your link was:

http://blog.redchip.com/index.php/stocks/otcbb-delistings-and-rule-15c2-11-what-happened

I am aware of this situation as another stock I hold was affected by this.

However, CPOW actually went to the pinks in Sept 2010. This was before the 600-odd companies were dropped by the market makers.

I do not have the story on why CPOW went from OTC to Pinks but I figure it has something to do with the reverse merger with General Bio Energy. CPOW was basically a solar/wind energy company before the reverse merger as near as I can tell. The company's whole direction changed in the reverse merger and a new prospectus wasn't issued until December.

Someone could poke around more on this subject if they want to.



Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today