Monday, June 04, 2012 2:10:30 PM
As CWRN 1-31-11 PR noted there has been no promo and there will be no promo-as I've posted many times from Bullit69's posts--thats partly why every PR says the company is not promoting the stock
cwrn only had 1 promo-in early 2009-and the promoter destroyed the pps by dumping his shares so Bob vowed he would never do a promo again and they havent.
OTC personally told me on the phone they based their decision on the rapidly rising pps -gapping from day to day and intraday and because that doesnt usually happen without a massive newsletter promo they assumed that shorters who shouted promo to otc were right.
otc wasnt aware the pps was artificially depressed by many months of what many called unprecedented manipulation by etmm etc-they didnt do any investigation before instituting the ce-and they do this to hundreds of companies and some companies have noted in their pr's they dont even know why-
otc's conflict of interest inveighs against any investigation- ca 40% of otcs revenues come from co filings -so otc has a policy to pressure co's to upgrade to current class-more filings more money for otc-a publicly traded for profit company-not a regulatory organization at all- and imo their exercise of power over these co's stocks without reg authority is subject to class actions
Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts.
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