Email submitted to court today: Honorable Judge
Post# of 11038
Posted On: 10/30/2015 4:53:43 PM
Email submitted to court today:
Honorable Judge Strom,
The purpose of this email is to inform you that as a Calissio shareholder, I have received nothing from COR Clearing in regards to appointing a receiver. One of COR's filings clearly states: "in the interest of providing full and fair notice and opportunity to be heard to all parties, namely Calissio shareholders, that may be affected by the appointment of the Receiver and the subsequent post‐payable adjustments by DTTC,[plaintiff would provide] notice of the appointment of the Receiver and [any such party objecting to the motion would be] given a chance to be heard before th[e] Court [rules on the motion]." This seems to indicate that I would have a chance to formally respond after receiving notice from COR Clearing, however I have received nothing. In speaking with other shareholders, none
of us have had the ability either. Thus far, I have been relegated to sending emails to you. Since the end result COR is looking for would take money out of my brokerage account, how can it be possible that I have no opportunity to formally respond? Where is the due process in this scenario? It is MY money (I've had it for over two months and have already spent it) at
stake here, and its important that every shareholder affected can be involved. I am not named in this lawsuit, so how can my money be legally taken from me? This whole situation does not add up. Shareholders would appreciate an opportunity to be heard here. We don't have powerful lawyers backing us up as of yet, simply because we are not named parties in this lawsuit and we've received absolutely no correspondence from the court,COR, Calissio, DTCC, FINRA, or our brokerages. I would also like to see proof that COR even sent notice to all brokerages with clients that could be affected.Thank you for taking the time to read my email.
Honorable Judge Strom,
The purpose of this email is to inform you that as a Calissio shareholder, I have received nothing from COR Clearing in regards to appointing a receiver. One of COR's filings clearly states: "in the interest of providing full and fair notice and opportunity to be heard to all parties, namely Calissio shareholders, that may be affected by the appointment of the Receiver and the subsequent post‐payable adjustments by DTTC,[plaintiff would provide] notice of the appointment of the Receiver and [any such party objecting to the motion would be] given a chance to be heard before th[e] Court [rules on the motion]." This seems to indicate that I would have a chance to formally respond after receiving notice from COR Clearing, however I have received nothing. In speaking with other shareholders, none
of us have had the ability either. Thus far, I have been relegated to sending emails to you. Since the end result COR is looking for would take money out of my brokerage account, how can it be possible that I have no opportunity to formally respond? Where is the due process in this scenario? It is MY money (I've had it for over two months and have already spent it) at
stake here, and its important that every shareholder affected can be involved. I am not named in this lawsuit, so how can my money be legally taken from me? This whole situation does not add up. Shareholders would appreciate an opportunity to be heard here. We don't have powerful lawyers backing us up as of yet, simply because we are not named parties in this lawsuit and we've received absolutely no correspondence from the court,COR, Calissio, DTCC, FINRA, or our brokerages. I would also like to see proof that COR even sent notice to all brokerages with clients that could be affected.Thank you for taking the time to read my email.
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I invested in Calissio Resources Group because I considered the financial statements warranted an investment. For every reader here that has been paying attention to my posts, please note the following:
1) I am not licensed to give investment advice. Everything expressed here is an opinion of my own for discussion purposes.
2) The only thing I know about the upcoming merger is that typically they are good for investors. A premium is typically offered when companies go private from what I understand. I certainly was and still am an investor before this announcement was made.
3) Finally, regarding the current OS, while there is lots of conjecture, I must rely on the only available information out there which has been presented in PRs. Therefore, OS as of the last PR was 242m. Consequently, I don't believe there is reason to believe I am a majority holder, despite recent purchases, without making a large degree of assumptions.
If anyone is wondering why I am posting this, it is because I want to make sure no one misinterprets my posts or considers I have any intent on the board other than to share potential ideas/speculate on possibilities.
I invested in Calissio Resources Group because I considered the financial statements warranted an investment. For every reader here that has been paying attention to my posts, please note the following:
1) I am not licensed to give investment advice. Everything expressed here is an opinion of my own for discussion purposes.
2) The only thing I know about the upcoming merger is that typically they are good for investors. A premium is typically offered when companies go private from what I understand. I certainly was and still am an investor before this announcement was made.
3) Finally, regarding the current OS, while there is lots of conjecture, I must rely on the only available information out there which has been presented in PRs. Therefore, OS as of the last PR was 242m. Consequently, I don't believe there is reason to believe I am a majority holder, despite recent purchases, without making a large degree of assumptions.
If anyone is wondering why I am posting this, it is because I want to make sure no one misinterprets my posts or considers I have any intent on the board other than to share potential ideas/speculate on possibilities.
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