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Sunnybank

08/23/11 12:55 AM

#51882 RE: vesta #51881

A reverse merger... not out of the realm of possibilities, despite postings to the contrary. JMHO.
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microcaps1

08/23/11 1:21 AM

#51886 RE: vesta #51881

I agree the cusip exchange could include a reverse ratio but it is confusing to penny traders to use the term R/S-which carries so many negative connotations. A R/S is used by an economically distressed company with insufficient fundamentals to prevent pps from dropping to .0001. Thats the opposite of the situation that has CWRN pursuing an up-listing.

CWRN has extremely strong fundamentals for the pps and growing rapidly as far as junior miners go. And the up-listing is a good thing which has the opposite effect of a R/S-and should result in a rapid pps RISE.

As you mention a higher pps and lower O/S will be attractive to bigger investors. The investor pool broadens substantially when you go from CWRN's current class(where many will not invest as they don't know the reason for the improper classification etc)to next to highest of the 7 pink/OTCBB classes.

So given the strong nuances of R/S in penny land, the use of the term for a possible reverse ratio in a cusip exchange is highly misleading and specials know that-which is why R/S is one of the chief battle cries of those who profit from a pps fall.
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balihi

08/23/11 9:28 AM

#51900 RE: vesta #51881

Of that is possible,one problem though,whoever invested near 5 million dollars in CWRN would never have done so unless they had gathered sufficient information to make them feel comfortable enough to invest their monies here.If CWRN wants to do a RS,this investor would need to rely on Bob's word that this would benefit all involved,I doubt that is the case.I believe that whoever bought those shares,will eventually sell/transfer them to the company,because being they are "closely" held,that eliminates any RS.