CRGP has quite a few different components that are

CRGP has quite a few different components that are not the same as TALK. While TALK is late on their filings, CRGP was accused of a 4mil dollar fraud scheme last year. They issued a dividend and then increased their AS in secret 3 times in a month and bought back the shares receiving 4mil in dividends they weren't supposed to get.

I just glanced over some of the activity during that time but the fact that is was halted was not a surprise.

Quote:

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What had really happened? Certainly Carter had no reason to blame FINRA; the regulator understands dividends, and knew that the one proposed by CRGP was a special dividend whose ex date would fall after, not before, the record date. DTCC also understood that. It was Calissio that chose to set a pay date more than six weeks after the record date, and Calissio that did not publicly disclose its issuance of hundreds of millions of shares of stock between the record date and the ex date. At least 10 days before the ex date, CRGP had filed a corporate action request with FINRA, and notice of the dividend appeared on the Daily List on August 18. The event type was called a “special dividend cash”. It must be wondered when Carter learned of it, and whether he understood what it meant, which was that Calissio, not COR, would owe not $1.3 million in dividend payments, but millions more. Perhaps it is no coincidence that between July 21 and August 25 it raised its authorized capital three times, from 300 million shares to 3.475 billion shares.

In the complaint, COR argues further that it was Calissio itself, or unnamed affiliates of Calissio, that had purchased most of the stock sold by Nobilis. It objects that “under the guise of what they claim to be a mere mistake, Defendants have defrauded COR Clearing and its customers by surreptitiously issuing hundreds of millions of shares of Calissio stock after declaring a dividend on all common shares prior to the issuance, then repurchasing hundreds of millions of these new shares… and relying on DTCC’s dividend payment system to fail to distinguish between shares entitled to dividends and those not so entitled.”

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