The data clearly shows that NSS trading was taking place with CPRK stock. It is also clear from the data that somebody has robbed CPRK shareholders of millions of dollars and it was not MD or the BOD of CPRK. If this NSS activity had not been so rampant the millions that somebody made off would have gone into the companies pocket. What would an additional $5-10M do right now for the company?
The lesson that any penny stock CEO & BOD should learn here is that the SEC/FINRA/DTCC will not protect you against illegal activities such as NSS. Even though the data is clear that just such attacks were almost a daily occurrence with CPRK stock.
The strategy I have come up with is counter intuitive to say the least and kind of unsettling since you always want your share price to increase. But take a minute and keep this thought in mind. A pie is still a whole pie as long as you still own the pieces that add up to it. Basically the individual pieces are not as important as long as the total value in your portfolio is maintained or increased over time.
I have been thinking about how to combat NSS activity since watching and learning about the OTC markets in general. What tools do companies have that could be used to fend off such an NSS attack since there is no such thing as a quick and decisive SEC action. Basically you are on your own in the OTC markets as a publicly traded company.
Any company should do the following when growing as an OTC/Pinksheet compliant stock;
1) Be very transparent and let your shareholders know that an NSS attack is taking place if one does take place. Assign somebody at the company to monitor the FOIA site and keep an eye on the FTD's for your company stock.
2) Proactively dilute the company stock share price deliberately down into the sub-penny range with a forward split as a counter measure against the NSS group(s) if such activity is detected until you can get the SEC to investigate this activity.
Each time the value of the stock increases toward a penny the company can elect to continue to forward split the stock and build value. As long as everyone understands that the goal is to build value by locking the NSS groups away from shorting your stock this can very successful. When the company does have enough equity value in shares they can reverse split the stock at the ratio/total of all the reverse splits to meet the up-list requirements to an exchange where the SEC does actually monitor this kind of stock manipulation.
This strategy will preserve individual shareholder value and allow the company to maximize income from stock sales instead of getting into a death spiral like CPRK put themselves into by doing nothing.
This forward split strategy should be in the tool box of any penny stock company since the SEC is to slow to stop the criminals from destroying shareholder value.
News 
Market Data 
Discover 
