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China Crescent Enterprises, Inc. Message Board

  • cvdpro cvdpro Aug 20, 2009 6:12 PM Flag

    Everyone knows something wrong

    with CCTR. If the company is so profitable, they could borrow 800K from bank's instead of issuing 17 Million shares for 0.04 cents /share. Remember, the share outstanding was only 2 million before the issuing, they supposes to make $0.50/share, why do you issue a stock for 0.04 and your earning was 0.50/share?

    Yet, Everyone including me are hoping some other fool would buy this stock at more expensive price from them.

    If you think about it, 99.99999%, this company is a scam. We are investing in a company that we are not sure the share count for next quarter.

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0.0001-0.0001(-50.00%)2:35 PMEDT

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