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Cameo Industries Corp - Ordinary Shares CRUUF

Cameo Industries Corp is mainly engaged in the business of exploring and developing mineral properties. Its projects comprise of Willa Project, Carrizal Cobalt Project, Montreal Cobalt Project and Big Mac gold project among others.


OTCPK:CRUUF - Post by User

Post by PositionTradeon Feb 13, 2017 4:35pm
142 Views
Post# 25839440

I am out for following reasons:

I am out for following reasons:
1) The crucial error in critical fundamental data: share numbers.  That is unbearable.

2) Checked the insider report again, noticed:  the management holds ALMOST NO shares of CRU.

3) CRU has almost no cash.

4) Regulators have warned the mgmt about basic concept - IF IT IS CHANGE OF BUSINESS.

5) It could be too late to go into MJ industry, becuase hundreds companies have long been into this industry or in firm process to get license of medical MJ . And I could not find CRU has any other interesting business.


Inference:
Before roughly completing accumulation of CRU shares for themselves, This mgmt UNLIKELY cares much about current shareholders.

JMHO

Good Luck, Everyone!



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