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Cotton & Western Mining In CWRN
Posted On: 08/28/2012 10:54:16 AM
Post# of 8059
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Posted By: microcaps

Re the sec matter, its extremely unlikely there would be a trial-the purpose of a trial is to determine facts-which have already been stipulated to. -its no doubt in the process of settlement, as it apparently has been since June. The facts have already been stipulated w DOJ-where the matter has already been settled-whose version contradicted sec version-so that doesnt help sec-perjury anyone?


the promo never even occurred so there were no ill gotten gains-unlike those raiding cwrn w an intent to defraud on behalf of an entity w an alleged naked short position

CWRN was 1 of only 2 of 8 companies on the cattle drive complaint where sec did not ask for any officer to step down
so whats being negotiated? there are no ill gotten gains as the promo never occurred

possible pennystock bar-but companies like CWRN w substantial income have no need to dilute and CWRN has not diuted since 2010 as per Nov 17 2011 PR and have said they wont-as can be seen from the millions of dollars in equipment purchases-all other juniors anywhere near this pps are diluting because they have no income.

so merely comes down to negotiating a fine and a language to follow the regs in the future.

Now that Bao is out in the open as per last 2PR's and most of the ore Bao paid for before shipping shipped June 12,hopefully this sec settlement is the last thing that must be done before uplisting to OTCQB on OTCBB,as per May 26,2011 PR


no guarantee against other games in this me me me world of litigation which is common to many companies, large and small, but only the sec matter would affect uplisting and I would expect sec matter to be settled soon.














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