Replies to post #52466 on Calissio Resources Group Inc (CRGP)

[janice shell]

The last known confirmed amount after the split was was 129,460,000. Then, as you alluded to, hundreds of millions of shares were introduced to the market by Beaufort, Nobilis, and Alpine. The court ruling indicates that this was somewhere in the 200-300 million range.

Actually, the exact numbers were given in the filings. We do know that Beaufort, at least, and I think Alpine, didn't convert all the stock immediately, and didn't sell all the stock they did convert. So it's possible they--or some people involved with them in the past--may still hold considerable amounts of stock.

The court ruling also suggests that Calissio insiders may have been the buyers of those shares in order to exploit the dividend system.

Yes, that was suggested by COR at the outset of the lawsuit. I have no idea whether it's true or not.

However, the people with the answers are the transfer agent. Originally, Signature. Currently, Pacific.

[onehundredmph]

They're alot of fraudulent shares in CRGP!

there is a lot of evidence suggesting there are fraudulent shares floating around out there though. And that simple fact could cause a monumental squeeze when and if there is ever a share certificate validation.

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