Replies to post #904 on Crypto Company (CRCW)

[Elkay11]

As outlined in the halt document, there were numerous reasons that could have caused the halt.

The main factor IMO is the small share structure that allowed for a $3-642 rise in a very short period of time.
That was likely the biggest reason as to why there was an investigation.

When there are any legal issues that are confirmed, then it could be posted here.

Otherwise, screaming fraud, is just an opinion.
There is no verification of wrong doing by the company, and as I stated above, the halt was likely related to the lack of liquidity in the SS which raised red flags.

Everything on these boards is opinion. Even my post!

Till there is a definitive charge against the company, they are innocent till proven guilty.

[Marxbys]

Good to know Integral. Now I'm quite certain the commission won't be bringing a civil action against The CryptoCompany. With that kind of detailed information easily obtained, CC's attorneys will be able to show why the sudden surge in the PPS and who caused it, present the facts to the SEC and be cleared of any wrongdoing. So far we have no word of any civil or administrative action brought on by the commission and I'm sure most would agree that this suspension stands out as different than most. When the SEC was alerted to the 17,000% increase they had no other choice but to suspend the trading temporarily due to the fact that it wasn't trading in a fair and balanced market and so stepped in to protect investors. They were just doing their job. The 17,000% increase would have been the only evidence they needed IMO. I see this coming to a close in favor of The CryptoCompany and most likely fairly soon IMO.
$CRCW