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Marxbys

02/13/18 10:30 AM

#38753 RE: realtynj #38752

Good question realtynj, let's look at what got $CRCW into the grey's in the first place. Here is a copy of a recent post to the other board:
'CRCW wasn't suspended for fraud as some are suggesting. I think it's fair to say the reason for the suspension was due to a sudden and excessive fluctuation of their securities when the PPS shot up 17,000%. With the mission of the SEC being to protect investors, maintain fair, orderly and efficient markets, the sudden surge posed a threat to a fair and orderly market so after being alerted the SEC had no choice but to step in and issue an emergency temporary suspension.
The reason given is due to 'concerns' about information, paid promotion, and 'questions' about potential manipulation hardly constitutes fraud.
The reason for the sudden surge that warranted a suspension as most of us know was due to a combination of an extremely small float combined with the Bitcoin/Crypto hype.'
IMO, the 17,000% surge would have been the only evidence the SEC needed at the time to suspend the stock because it was an immediate threat to an unbalanced or unfair market and once alerted, the SEC would have been fully obligated to step in and protect investors. Most of us know the real reason for the surge in pps was due to only 850K free trading registered shares within CRCW's share structure from the very beginning. The CryptoCompany purchased Croe (CRCW) in 2 separate contracts. One was a Restricted Share Purchase Agreement between CC & Croe. The other was a Restricted AND Free Trading Agreement for only 915,000 shares of which the only available 850,000 registered shares were included. This Free Trading Agreement also included a second buyer, Uptick Capital and these shares sold for about double the price of the Restricted Shares. Could Uptick Capital be responsible for the surge that caused the suspension? Or could it be that only a small portion of these registered shares were already trading on the open market when CC purchased Croe and trading groups ran it up? I've seen posts by trustworthy posters with reports of only 4000 shares in the float. We don't know all the details but looking at the available evidence, I can't find any wrong doing on behalf of The CryptoCompany. I would think that CC's attorneys are working with the commission sorting out the facts and they will be cleared, I just don't know how long it will take.
In the meantime TCC seems to be plugging right along, growing by leaps and boundaries despite trading in the grey's. IMO, they have had plans for RMRK all along and will use the shell in some capacity by either transferring all assets or as a subsidiary. Either way I like my speculative investment here based on the facts.
$RMRK-CRCW$
https://backend.otcmarkets.com/otcapi/company/sec-filings/12382236/content/html

https://www.thecryptocompany.com