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Bullboard - Stock Discussion Forum CANDORADO OPERATING CO V.CDO

TSXV:CDO - Post Discussion

CANDORADO OPERATING CO > CDO Doing What it Has to to Increase SP
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Post by CrashSurvvivor on Jan 22, 2011 11:10am

CDO Doing What it Has to to Increase SP

CDO is doing what it has to to increase shareholder value.  The share consolidation is because of Mineralfields and insiders (thanks Renee) keeping the share price down with their relentless scalping, which has kept the share price down.  The new investors are p*ssed off and fed up – they planned for a higher share price so they could do the financings need to go forward.  This roll back does not have to happen, and hopefully it won’t, but it is hard to see how CDO can ever move forward with this relentless scalping. Reed and the new investors are doing what they have to in order to move forward.  Read between the lines of the new release: the financing was arranged for (with MF) and then share price drops because of heavy selling (by MF), who then want to extract a lower financing from CDO, at .05 instead of .10.  Reed and the new investors are doing what they have to wrestle control from the death grip of Mineralfields.

I am not an advocate of a share consolidation, but it is hard to see how CDO will our get out of this quagmire of Mineralfields / Renee / other penny flippers.  If the share price can move up in the near future, then a consolidation will not be necessary.  And if it does happen, I wouldn’t worry about the share price slipping much – these new investors are already in deep and are not getting to let that happen – they would be cutting their own throats because they have somewhere between 22 million and almost 30 million shares.  It is in their self-interest to not let CDO drop.
Crash

Comment by blackgold99 on Jan 22, 2011 1:51pm
I tend to agree with you Crash, this call is not for some malicious intent by Pepper like people, but by the new investors who have acquired a strong position into the company and are sick and tired of scavengers scalping this stock for ill gotten purposes. A reversi as such would weed out the grain from the chaff, would probably vote against it to avoid the turmoil, but would not be afraid ...more  
Comment by Rambo007 on Jan 22, 2011 2:24pm
Investors played games to get all those cheap shares ...They let the value of CDO drop so they can pick up moreThe deal with Pepper Rock made shareholders sell more to the new investors at super cheap prices..Now the announcement of the RS  more games being played by the new investors..A poster said they brought the idea up to Reed...Wow more cheap shares for the new investors...If the new ...more  
Comment by blackgold99 on Jan 22, 2011 2:56pm
Rambo, nowadays it seems like everyone who has money to invest is snakes....as long as at the end we end up with higher share value.
Comment by Rambo007 on Jan 22, 2011 3:03pm
With Mineralfields there is always a snakeGood luck Blackgold
Comment by Rambo007 on Jan 22, 2011 9:30pm
Crash about sums it all it will be a tug of war between Mineralfields and the new investors...If MF wasn't there no problems we would have seen double digits...Funny the insiders who dumped those 4 million shares didn't think so....If the shareprice drops maybe Mineralfields might be in competion with the new investors to pick up more..Yes what a nitemere dealing with Mineralfields ...more  
Comment by Rambo007 on Jan 22, 2011 9:50pm
The big question why didn't MF or the new investors insist on getting the Manprime results done before the big PPIf the results were good we could have done a PP at 15 cents afterwardsThe snakes will tear apart this company until there is nothing leftA pity but true
Comment by Rambo007 on Jan 22, 2011 10:22pm
I rembember the last financing by MF had 2 parts the first part was filled they did work on the lithium property and the 4 holes drilled at the Manprime CDO ran out of money and MF wouldn't finance them the second half because the SP dropped to 3 cents...CDO thought they would be able to get more money and went overboard on the drillingjust to be refused by MF....They are not snakes but sewer ...more  
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