cwrn hasnt sold unregistered shares -at least not
Post# of 8054
cwrn hasnt sold unregistered shares -at least not since 2010-and they were allowed certain exceptions which were employed in the past -and cwrn has been posting the share count in every PR since Aug or Sept 2011-and Nov 2011 PR noted no dilution since 2010
the ever present shout fire of dilution on EVERY stock they are shorting is another attempt to get eyes off successful operations and substantial income-such co's dont dilute and when they turn corner to substantial revenue as cwrn does its SOP to buyback.
those being killed by the rapid jan 2011 pps increase fraudulently told non-regulatory for profit otc that there had been a newsletter promo in jan 2011-so otc looked at the charts and saw the rapid pps share increase and assumed the same-they personally told me and they said there was no evidence of fraud.
otc has no incentive to do a real investigation and cwrn denied any promo because otc gets ca 40% of its revenues from company filings on otc so otc is doing this to hundreds of stocks to try to force all co's to upgrade to current class. cwrn had been limited info class til 1 year earlier and then stopped posting quarterlies because of the expense -because at that time cwrn had no income.
Nov 2010 PR cwrn planned on audited quarterlies by apr 2011 but the intervening ce stopped that because otc requires a lot more than mere quarterlies to remove a ce. so cwrn's sec adviser advised uplisting to OTCBB instead,which hopefully they will proceed with once they settle w the issue possibly created by a large naked short position in cwrn by an entity-see 7-10-11's posts etc. I dont see any reason why that issue wouldnt be settled soon.
a politicized doj/sec which reportedly has not charged 1 of the big boys for their frauds etc in helping create the great recession, instead greenlighted mm's /brokers/otc/dtc etc to attack pennies w impunity(something those entities reportedly have always wanted to do) in late 2009 and so beginning in early 2010 we saw 1000's of pennies put on restrictions by these various entities.
It is ALL manipulation. e.g dtc-reportedly owned by the brokers,puts stocks on trade for trade (the proper terminology-this is not a James Bond movie-the stock is not chilled) without even telling co's lawyers why and then brokers use our stock on margin to short against us in a blatant violation of their fiduciary duty.
Fraud and manipulation are the hallmark of every entity that I can see in this market- and cwrn knows that-when these never before seen events started occurring March 2011 Bob spent a lot of time looking into these things -but there were no easy fixes-so the plan is to uplist to OTCQB as noted by the May 26 2011 PR in order to escape some of these games- such an uplisting takes these co's ca 2 years as opposed to merely upgrading to "current" pink class.
as I've noted another couple things may have temporarily interfered also-such as NDA w Bao--SOP,and this sites resident auditor said cwrn could not record the revenue from ca 60k tons ore Bao paid for in Dec until shipped-and shipping was delayed by a series of govt audits required even after Jan issuance of the new permit-govt applying this policy in an overbroad fashion since the purpose was to catch illegal south mainland mines-
so it has indeed been a case of mr murphy on steroids aided by the very entities that deny the same and have been blocking market forces-just as they did prior to the Jan 2011 rapid price rise after some entity had allegedly naked shorted cwrn w result finra short vol showed a short of 65-95% consistently for months-and mm's have a dozen ways to hide the real vol of shorts-so its irrelevant imo whether said vol is merely 1 leg -which doesnt make sense.
again thats why cwrn is planning on uplisting to OTCBB but they 1st are settling w the entity allegedly employed by a certain group to target cwrn on behalf of the entity which allegedly has the large naked short position. cwrn has told shareholders they are aware of shareholder concerns but they have been dealing w all these manipulations-which have been held in front of stockholders eyes very publicly by those who profit from a pps fall.