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China Crescent Enterprises, Inc. Message Board

  • keep_investing keep_investing Nov 19, 2009 7:41 AM Flag

    Is CCTR a shell, or not?

    Pinksheets has a market tier PB rating on CCTR. Below is the description for the PB rating(take special notice of; "there are no operational or management standards the OTCBB also includes development stage and shell companies").

    PB description:

    "Identifies securities that are quoted on both Pink Sheets and the OTCBB. While all OTCBB securities must be SEC reporting and current in their reporting obligations there are no operational or management standards the OTCBB also includes development stage and shell companies. More than 96% of all OTCBB securities are dually quoted on Pink Sheets as our Pink Link messaging system allows market makers to electronically trade OTC securities"

    1. Is CCTR a shell company, or not?

    2. Will we find out the truth this week?

    I don't know the answer to either of these questions, but I'm holding on for at least another week, because I'm gambling they're not a shell.

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