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Re: microcaps1 post# 44439

Wednesday, 05/11/2011 12:37:19 AM

Wednesday, May 11, 2011 12:37:19 AM

Post# of 91122
This post by bullit69 might answer you question.
I’m not sure I understand you meaning? Out of compliance with whom? Certainly not the SEC, non-reporting OTC:PK only needs to report their State 504 exemption status via form D. No compliance problems I’m aware of with NASDAQ who oversees OTC listings.. Oh, maybe you mean OTC Issuer Services, yes, he has not met their non-regulatory compliance and they have given CWRN the big Skull and Cross Bones Sign.. Which for me, I prefer seeing the CE, knowing brokers won’t clear fresh cut certs meaning he cannot clear all those aged certs nor can he sale new issue 504 shares,… So for the time being you are all out of harm’s way…. The only people selling shares are the people that bought them off the market… FYI when 10% of the float trades (231 million for CWRN) that is a red flag that the Pinkie has a fire sale going on. The daily volumes here are small, so it does not take much action to go down or up.. And that my friend you can take to the bank……………..

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