I think they reacted quickly and agree it shows in
Post# of 11038
Quote:
phx_invest Wednesday, 09/02/15 04:47:33 PM
Re: janice shell post# 29629
Post # of 29638
I think they reacted quickly and agree it shows in what is in the filing. It kind of read like more of lashing out at CRGP than anything though with the claim that they should get monies back.
After learning and reading more though I see how COR would have thought this was fraudulent because soo much transpired in a short amount of time, with 3 of their clients, and they were in the middle of both the debt conversions, buy back, and in turn the divy confusion/complexities. I actually think COR thought they were doing a "good service" by saying it was fraud on top of thinking they should get monies back.
COR's overreached with their claims and allegations. This could backfire on COR in a very big way. They even validated that Adam was working with them and still made dangerous claims about a company that I believe was not committing any fraudulent activities. To that end, DARBY, their client who brokered the sale of the debt also brokered the buy back from CRGP. With that said, what is COR saying by they researched it found that CRGP was buying it back when in fact they knew Darby their own client was involved?
I believe both the Nobilis and Beaufort debt purchases were for the same not that had 500m shares eligible to convert. Perhaps they thought they couldn't clear the whole note but given the crazy volume for a while there, they sold the rest to Beaufort. I think that action is what COR thinks was perpetuating more wrong doings. Incorrect imo, but I can see how COR might think that.