The people who bought Bob/Sharons controlling shares formed this public company to operate under--as per the "due list of officers" we will know the list of officers by the earlier of June 30 or the Sec filing pursuant to the Sec registration statement,accompanied by financials and a prospectus- according to the SEC site as I previously posted
CWRN stock holders as per PR receive 1 share of this company for every CWRN share-as JCM pointed out before nervous nellies sold would've been 1.60/sh when pps was.0016
CWRN intended on becoming SEC reporting as per Nov 2010 PR's w audited financials but the hedge group who was naked shorting CWRN (see 7-10-11's posts) and shorters- when they saw this was going to be 1 of the very few pennies to actually become operationally successful as a real co, shouted to the OTC-a for profit non-reg corp- that the pps was rising because of a massive newsletter promotion-
there was no promo at that time as noted by Jan 2011 PR- but otc's conflict of interest prompted them to slap the old ce without doing any investigation other than look at rapidly rising pps etc-they werent familiar w the co and its breakthroughs- otc then requires the co's to go thru an unbelievable gauntlet to get ce removed- so cwrn decided instead to uplist to OTCBB (may 26 2011 PR) which normally takes 1-2 years-but in the end could not because as per cwrns complaint geo allegedly was withholding financial records-The court will have to rule on CWRN's financials-decide what Geo was withholding by fiat if necessary-thus allowing the co to file financials and remove dtc restriction and uplist at least to OTCBB as an SEC reporting co
then the shorters will lose much of the ammo they fraudulently created and wont be able to milk the cow near as easily-so they are furiously milking the cow for possibly the last time
have too many shares as cwrn knew for uplisting to a big board-see e.g Nov 2010 PR's and although it will still be a penny stock it will be out of the range so furiously targeted by shorters- and is the most undervalued co due to the massive unprecedented fraudulent shorters manipulation since jan 2011
so the new owners will not be burdened by the JVA which cwrns complaint claims withheld millions in receipts necessary to run the operations non stop-the new owners presumably have the financial wherewithal to make a successful co and do what bob had wanted to do w the co-including uplist, or bob/sharon wouldnt have done this
bob sharon did care about shareholders-and I wish he had shared w shareholders the hundreds of hours of work he did trying to resolve the never before seen unprecedented fraud collusion of dtc etc
I'm sure they believe the new controlling interest will be able to operate this successfully without the shackles and continual targeted harassment Bob et al were operating under-at some point you have to decide whether the co will be better off w new management that is free of those burdens
e.g, ORU opened a Christian law school ca 1978 and was harassed non stop by the ABA to the tune of 1 million in legal fees/yr-so eventually they decided for the good of the law school and ORU to sell/ turn it over to somebody w the political and legal clout to withstand the attacks by the ABA-
although the sec etc actions were over, Bobs freedom and that of his "employees and servants' was severely hampered in the estimation of their legal counsel by the sec ruling-which imo was an attempt to stop communication w stockholders as part of the political conspiracy by a powerful politician who decided business was evil and had to be stopped -see previous posts-to destroy these low priced pennies
so they may have figured the restrictions that came w their assoc w the co would be better removed-the new entity will not be hampered by those things and due to the fortuitous timing of the apparent coming conclusion of the Ca ct case which should provide financials-we will finally have posted financials and apparently a fully reporting sec compliant OTCQB co or even OTCQX or even a higher board in time
and this will vastly increase the investor pool willing to invest-most big boys will not invest at this low pps or classification-which allows shorters to especially manipulate these low priced stocks
KILIWA MINING GROUP US, INC.
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| Name: |
INCORP SERVICES, INC. |
Address 1: |
2360 CORPORATE CIRCLE STE 400 |
| Address 2: |
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City: |
HENDERSON |
| State: |
NV |
Zip Code: |
89074-7722 |
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Mailing Address 2: |
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Mailing State: |
NV |
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| Agent Type: |
Commercial Registered Agent - Other |
| Jurisdiction: |
NEVADA |
Status: |
Active |
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| No active officers found for this company |
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