InvestorsHub Logo
Followers 15
Posts 542
Boards Moderated 0
Alias Born 01/13/2006

Re: None

Friday, 03/02/2012 7:13:55 PM

Friday, March 02, 2012 7:13:55 PM

Post# of 493
13D filed shows Barry Honig's ownership of and recent purchasing of CRGC shares.. I tried to paste the link , but was unable.

(1) The Reporting Person voluntarily reports direct and indirect holdings of the Issuer’s Common Stock.

(2) Of the 4,790,683 shares, 3,657,822 shares are directly owned by the Reporting Person and 1,138,861 shares are owned as follows: (i) 200,000 shares are owned by GRQ Consultants, Inc. (“GRQ”), a company controlled by the Reporting Person; and (ii) 938,861 shares are owned by GRQ’s 401K plan.

(3) Excluded from the aggregate beneficially owned shares are (i) 150,000 shares are owned by Alan Honig, father of the Reporting Person and custodian for shares held by the Reporting Person’s minor children; and (ii) 3,535,000 shares are owned by various Uniform Transfer to Minor Act accounts for which Alan Honig is custodian. The Reporting Person exercises no investment or voting power and disclaims beneficial ownership of the shares owned in the name of Alan Honig or by accounts for which Alan Honig is custodian. Although the Reporting Person disclaims beneficial ownership of such shares, if aggregated, the percent of class represented by the aggregate amount beneficially owned and the excluded shares would be 8.9%.

(4) Based on 95,119,018 shares outstanding as of February 28, 2012.


Item 5. Interest in Securities of the Issuer


(a) As of the date hereof, the Reporting Person beneficially owns 4,790,683 shares of the Issuer’s common stock, which represents approximately 5.0% of the Issuer’s common stock.



(b) The Reporting Person may be deemed to hold sole voting and dispositive power over 4,790,683 shares of common stock of the Issuer.



(c) On February 23, 2012, the Reporting Person purchased 891,667 shares in a private transaction for $0.15 per share. On February 21, 2012, GRQ purchased 19,640 shares in an open market transaction for $0.22 per share. On February 23, 2012, GRQ purchased 325,700 shares in an open market transaction for $0.2249 per share. On February 24, 2012, GRQ purchased 10,000 shares in an open market transaction for $0.2425 per share. On February 27, 2012, GRQ purchased 10,000 shares in an open market transaction for $0.23 per share.



(d) To the best knowledge of the Reporting Person, no person other than the Reporting Person has the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of the 4,790,683 shares of common stock reported in Item 5(a).

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.