The 8K was not accompanied by a paid promotion. This is the first time since I bought this stock that news did not co-incide with a paid promotion. I actually think this is a good sign as we will most likely see a steady build versus a ton of short term investors coming in and getting out.
It is quite likely the 8K is producing less then expected results because of the HALT trade order issued again on Monday 24th from BCSEC until end of day 27th.
I live in BC so havn't been able to buy this stock since the first cease trade order was put on a couple weeks ago. Very frustrating as I bought high and would like to average down my p/s. however my broker can't buy the stock because of the halt order.
Spoke with a rep at BCSEC and they are investigating the irregularity of trading with the possibility of insider trading. Unfortunately they can't halt the stock on the OTC that it is a discretionary decision by the SEC and here in Canada each province has its own securities regulators - BC being themost estringent because of all the scams on the unregulated boards in the US.
I sure do hope that the company files the most recent 8K on the BCSEC so it doesn't raise any more issues here.
I truly believe CPOW is a good company with considerable potential on the up side and continue to support them. The Company should request a halt on the stock until all the issues with the BCSEC have been addressed. Therefore protecting their real investors and allow for the growth projected.
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