Replies to post #30697 on Cross Atlantic Commodities Inc. (fka CXAC)

[Sprycel]

Simple, there is a massive profit taking process going on right now and next week you will be able to buy at .0002! There has been many who sold their shares to buy in cheaper next week! I sure hope it is not the company diluting, but stranger things have happened here in Cross land!

[elbiatcho1]

A SEC complaint was filed vs. Carnes who gave CXAC money. CXAC in return gave Carnes shares (debt).

Carnes sold CXAC shares too quickly (within 6 months time).

People misread the complaint and thought the defendant was CXAC.
CXAC is not even listed as a defendant, but only the issuer of the shares.

http://assets.bizjournals.com/cms_media/southflorida/pdf/K&L%20complaint.pdf