Clarocity Corp CLRYF

Have to read these things carefully...

[Yunggun]

Item 5 – Purpose of the Transaction State the purpose or purposes of the acquiror and any joint actors for the acquisition or disposition of securities of the reporting issuer. Describe any plans or future intentions which the acquiror and any joint actors may have which relate to or would result in any of the following: (a) the acquisition of additional securities of the reporting issuer, or the disposition of securities of the reporting issuer; (b) a corporate transaction, such as a merger, reorganization or liquidation, involving the reporting issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of the assets of the reporting issuer or any of its subsidiaries; (d) a change in the board of directors or management of the reporting issuer, including any plans or intentions to change the number or term of directors or to fill any existing vacancy on the board; (e) a material change in the present capitalization or dividend policy of the reporting issuer; (f) a material change in the reporting issuer’s business or corporate structure; (g) a change in the reporting issuer’s charter, bylaws or similar instruments or another action which might impede the acquisition of control of the reporting issuer by any person or company; (h) a class of securities of the reporting issuer being delisted from, or ceasing to be authorized to be quoted on, a marketplace; (i) the issuer ceasing to be a reporting issuer in any jurisdiction of Canada; (j) a solicitation of proxies from securityholders; (k) an action similar to any of those enumerated above.

The Shares were disposed for investment balancing purposes. The Issuer has announced a sale of substantially all of its assets. The Acquiror does not presently have any plans or future intentions with respect to the enumerated actions. Depending on market conditions and other factors, the Acquiror may acquire or dispose of additional securities of the Issuer.

https://cloud.stockwatch.com/News/Sedardoc.pdf?docid=4225225

[Shonv320000000]

So what do u think

[Shonv320000000]

We just need some kind of positive news....

[Chas15]

The average investor is going to get burnt on this one. It’s fairly obvious by looking at that surge in price and the trades that a back door pump was used. Create volume with numerous bugs to surge the price before dumping more shares in probably a separate account. They got almost 100% more for their shares (0.0245) than what they are actually worth. Smart move and of course it won’t be looked

[Yunggun]

I dont think Colin would risk going to jail and becoming a federal criminal in the states. The fact you didnt read anyting on the SEDAR, Im going to ignore the fact you think he would like on a SEC statement.... LOL 

[Yunggun]

"The fact you didnt read anyting on the SEDAR, Im going to ignore the fact you think he would like on a SEC statement...." The fact you didnt read anyting on the SEDAR, Im going to ignore the fact you think he would lie on a SEC statement....

[Chas15]

I suppose that would be the first time someone lied to the SEC then.... shouldn’t comment on what someone would or wouldn’t do when you know nothing about them. I’m just saying it’s suspicious and I own this stock and think it’s dead in the water. 

[247247247]

Maybe buyout for remaining shares or 51% then kick everyone out? Throwing idea darts lol

[Chas15]

Well it’s not a coincidence that the stock ran in perfect timing of them selling that many shares lol. Either it was a pump for them to dump or something is in the works, but I doubt it. 

[247247247]

Maybe thats why clarocity came out with the news stating no idea why stock took off....but the 31% did...perfect cover

[krappypicks]

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[Shonv320000000]

[Yunggun]

  "$0.0245 per Share and $328,104 in total" for "The Shares were disposed for investment balancing purposes." As Colin states with "The Acquiror does not presently have any plans or future intentions with respect to the enumerated actions." And again with "Depending on market conditions and other factors, the Acquiror may acquire or dispose

[RallyPoint]

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