Everyday closer to financials prospectus sec reg s
Post# of 8054
esp audited will be part of the dtc removal so we can all freely trade this-much larger investment pool ,and when CWRN stock itself is uplisted dtc and broker sponsor will probably require a r/s to get pps above 1c- this is one of the reasons we assumed the PR's 1000:1 ratio was talking about r/s- pennytrader psychology
so r/s necessary to get to 1c would be a min 20:1 at todays fire sale price of .0005 - all the other dtc removals I 've seen since sec greenlighted dtc /brokers to attack low priced pennies have required such a r/s to get pps above 1c- for brokers/dtc etc hate subpennies
this is not the r/s traders are usually familiar w and fear- that kind is a result of a co having no fundamentals or income - where pps has sunk to .0001 and co needs to issue shares to raise money which they cant do at .0001 so co r/s's
CWRN has fundamentals -bashers know it- thats why they targeted it - strong enough to survive raids and bounce back for repeated milkings w aid of ce dtc- upgrading and uplisting will stop us from being hostages of ce dtc etc games and reduce shorters ability to milk
but CWRN has income -does not need to issue shares on that account -if they do it will be for addtnl equip and or concessions/mines to raise income so what holders get in return would expectantly exceed what co gave for such
and removal of dtc ce resulting from r/s will result in current and then uplisted otcqb classification which will greatly increase investor pool and allow market forces to work unfettered for 1st time since the unearned ce -result of shorters shouting promo when there was none because pps was rising 85%/day in jan 2011
this is the most undervalued stock around, so, with upgrading, pps should rise rapidly once larger investment pool, aided by audited financials, discovers it
we are all tired of the games-which should be about to end-brad may be waitingfor TX case conclusion so as not to aid geos fishing expedition- in addition to financials esp audited always taking longer than these co's estimate- ca 3 times longer-and we are about there-
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