Crius Energy Trust Tr Unit CRIUF

Utilities Utilities - Diversified

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy

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Crius Energy Trust Tr Unit > company took 8 million out of shareholders hand

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Comment by DonaldJon Jan 16, 2019 6:22pm

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Post# 29242583

RE:company took 8 million out of shareholders hand

Agree 100%. Reality is, this was never a legit operation. All the past negative accuations have come to pass. They are a ponzi scheme.

uograd wrote: 56,000,000 shares time aprox .14 gets you in the range of 8 million. That is what the company hijacked from their shareholders today and it will be a lot more if they never pay the distribution in june.

pretty clear they need the money to run the company and don't have ability to pay the 4 million in feb or march if ever.

plus what a 12% or so loss in stock price today.

combine this with how poorly the stock performed in 2018 and i say it is time for a board and management change from top to bottom.