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 | 7820  | | CCTR | | 01-Jan-2000 02:06 AM | |
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 | 4942 | | CCTR | | 23-Dec-2010 12:52 PM | |
I can't believe the SEC let's this stuff happen. |
| 4941 | | CCTR | | 23-Dec-2010 11:06 AM | |
The biggest scam in history of the OTC BB market. We are complaining about Chinese companies, but China Crescent is one of the biggest scams that is out there. Mr. Verges has a lot of different companies listed, but he uses them as his personal ATM. |
| 2213 | | CCTR | | 10-Mar-2010 04:42 PM | |
This company gets more freaky everyday, now they launched a website called: http://www.smallequity.com/ Check it out and give your response. I don't know what to think of these guys. |
| 2145 | | CCTR | | 23-Feb-2010 10:34 AM | |
Undervalued? I really don't know.......I can't get a grip on this company. Geo also not! China Crescent Enterprises, Inc. Anticipates Potential Price per Share Increase in Reaction to Analyst Report Coverage of Majority Shareholder and 'Buy' Rating DALLAS, TX, Feb. 23, 2010 (Marketwire) -- DALLAS, TX -- (Marketwire) -- 02/23/10 -- China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced a potential price per share (PPS) increase in reaction to an independent analyst report on the Company's majority shareholder with a 'buy' rating and target PPS recommendation nearly fifty times higher than the current PPS. China Crescent's majority shareholder owns and operates additional systems integration businesses, similar to China Crescent, in other emerging economic markets around the world. The independent analyst valued the majority shareholder on a discounted cash flow basis and in comparison to similar companies. Based on an equally weighted compilation of the various valuation methods, the analyst concluded that the PPS of the majority shareholder was substantially undervalued. "China Crescent contributes almost half of the revenue consolidated into the revenue of its majority shareholder," said Philip Verges, founder and board member of China Crescent and chairman of the majority shareholder. "China Crescent realized record net income through the first three quarters of 2009 and I anticipate China Crescent will report record net income for all of 2009 in its upcoming annual report. Similar to the price per share performance of its majority shareholder, it is my opinion that the price per share for the common stock of China Crescent is undervalued in comparison to the Company's fundamental financial performance. An independent analyst report on the majority shareholder that takes into consideration the operations of China Crescent most likely indicates that the price per share of both China Crescent and its majority shareholder do not reflect either company's underlying fundamental financial values." China Crescent is scheduled to conduct a Webcast this Friday, February 26th to review the Company's updated strategy to increase revenue and profits featuring an expansion into India. The Friday Webcast is also meant to provide a review of China Crescent's PPS performance in relation to the recent analyst report coverage on the majority shareholder. A link to the Webcast will be made available on the Company's website www.chinacrescent.com and emailed to the corporate email database upon release Friday. If you would like a copy of the Analyst Report mentioned above, please email ir@chinacrescent.com. |
| 2071 | | CCTR | | 08-Feb-2010 11:44 PM | |
I just think there is too much controversy surrounding this stock. |
| 2027 | | CCTR | | 14-Jan-2010 12:26 PM | |
I don't know it anymore about China Crescent if you read the Yahoo Message Boards you see that China Crescent is bashed, pumped and hated. Some things don't look fresh and smell fishy. Why so much dilution every quarter? I guess these guys have to look for another way to finance their business. Some bridge financing, a credit line with a Chinese bank, .....I don't know how, but convert Debt to issue Shares is not the way you create shareholder's value. Of course sometimes it is necessary but no so frequently as China Crescent does. Also the frequent webcasts with a lot of : ifs, as, etc................doesn't show much faith. |
| 2025 | | CCTR | | 14-Jan-2010 10:34 AM | |
Is the competitor you speal of SSVE? Maj, the GeoTeam |
| 2023 | | CCTR | | 14-Jan-2010 03:16 AM | |
My conclusion regarding CCTR is that long term I like the space but this company's profit margins at this juncture are wafer thin. I doubt the company is a scam. I like the CEO. If you listen to the webcasts, he gives the impression of sincerity and passion. I think he gets people excited and fired up. That's what a CEO is supposed to do. The CEO is struggling with what he perceives as the market undervaluing his company. However he constantly refers to "profitable growth" e.g. "in 2008 the company had profitable growth". He never refers to the profit margins. Why? Because they're non-existent. Maybe 1%. CCTR has a competitor in the Philippines which does this IT outsourcing work for $5 per hour. How do you make money on that? The company can grow to $500m in sales but if the profit margins are 1% who cares? Who wants to be in such a business? This is a commodity business. The challenge for CCTR is to redirect the strategy to higher margin business. There are great stories in this space in the US and India. There is a company outside of Chicago called Forsythe Technology. They're one of the biggest private companies in the United States. They are an IT outsourcer and they are superbly run and very profitable with a very talented management team. Then there is Infosys, Tata etc. in India. So a company that figures out the right formula in IT outsourcing, has a great future. I believe CCTR will get there. The CEO also made the silly statement that his company is trading in its own shares - dumb. He is totally exasperated at the markets for "under valuing CCTR". This is misdirected frustration. He needs to articulate a higher profit margin strategy and then CCTR will be on the road to being an attractive investment. At the present the foundations for success are not there. Long term, I am betting the CEO will be a big success. This company is going to be successful. There are some short term teething problems. Mr. CEO, hang in there. Find a better strategy. This one will be a winner. |
| 1903 | | CCTR | | 17-Dec-2009 08:45 AM | |
This topic is about China Crescent, so please delete your advert. |
| 1888 | | CCTR | | 11-Dec-2009 01:45 PM | |
Let me introduce you the largest wholesale supplier of fine grain and high purity graphite in China - China Carbon Graphite Group. Interesting fact, CHGI trades at about .51X (Price = $1.34, BV= $2.61) and company earned .21 EPS last year! Revenue during the third quarter increased 52.58% to $5,580,776 from $3,657,515 for the second quarter. |
| 1807 | | CCTR | | 21-Nov-2009 05:17 AM | |
Here is how the Dilution Scam of CCTR works:
(1)
Each quarter, The company takes a loan from "X" of 1.5 million, and "X" later cancels this new debt by debt-for-equity swap, by issuing 300% new shares.
(2)
The total equity was 10 million before, on 20 million shares. The company dilutes up to 80 million and gives "X" the 60 million new shares for the debt.
(3)
"X" now owns 60 million shares, = 3/4 of the equity = 7.5 million.
(4)
The shareholders have paid 7.5 mio of their equity for getting rid of a silly little loan of 1.5 million, which gave a gearing of less than 0.2.
(5)
Next quarter, CCTR borrows 1.5 million again from "X".
(6)
"X" agrees to swap the loan for 3/4 of the new shares.
(7)
So we roughly quadruple the shares every quarter, while all equity falls into the hands of "X" over time.
(8)
During the quarter, "X" sells the shares that were gained to unknowing naive, new "stock-holders".
This scheme is very simple and will lead to complete transfer of equity from the shadow company (CCTR) to "X" within only a few quarters.
So far, we quadrupled from 1 million shares to 4 mil, to 16 mil, to 64 mil, roughly speaking.
This scam should be reported to the SEC; it should be quite straightforward to sue the company based on this information. |
| 1806 | | CCTR | | 20-Nov-2009 10:42 AM | |
Today Q3 figures. Again a lot of dilution During the third quarter of 2009, the Company issued 61,607,867 shares of common stock as follows:
· | In July 2009, the Company issued 18,192,312 shares of common stock pursuant to an agreement to exchange $363,847 in short-term debt for equity. |
· | In August 2009, the Company issued 25,716,333 shares of common stock pursuant to an agreement to exchange $592,000 in short-term debt for equity. |
· | In September 2009, the Company issued 17,699,222 shares of common stock pursuant to an agreement to exchange $442,481 in short-term debt for equity. |
I don't know what is wrong with this company, but the majority of investors is negative. |
| 1747 | | CCTR | | 03-Nov-2009 12:42 AM | |
I just Googled their CEO Paul Danner. Looks like he's the former CEO of MyTurn.com Myturn.com Inc. (NBB:MYTNQ) (yikes). It also looks like Danner's start up Paragon Financial became New Market Technologies Newmarket Technology Inc. (NBB:NWMT) which is now somehow connected to CCTR? (I assume, as it's hyperlinked from www.newmarkettechnology.com and they're both similar "companies"). Buyer beware. |
| 1736 | | CCTR | | 30-Oct-2009 03:25 PM | |
I am curious if they are going to give an interview. If not we all know what it means!!!! |
| 1705 | | CCTR | | 22-Oct-2009 12:56 PM | |
Hello Dutch, I will request an interview with management. Certainly many questions to ask. Thanks |
| 1687 | | CCTR | | 20-Oct-2009 10:10 AM | |
What I want to know from management are the next issues: Why the company releases so many news and audio webcasts? Why they talk about the fact that their stock price is undervalued? |
| 1676 | | CCTR | | 17-Oct-2009 10:44 PM | |
It's pretty perplexng that a stock with such good commentary is sitting down at these prices. It certainly smells funny. The propensity to offer shares is a concern. I will still make a call to the company. Can't hurt Maj |
| 1672 | | CCTR | | 16-Oct-2009 09:15 AM | |
actually shorts are only .07%. Where did you get your infor? |
| 1660 | | CCTR | | 13-Oct-2009 03:44 AM | |
I don't know what I have to think of this company. The fundamentals look great, but be aware!!!! Every day their is news about contracts, undervaluation of the share price, etc. etc.. The news is an overkill for the company, it looks like they want to hype their company. If you look to the Yahoo messageboards you see that the stock is hyped and shorted. |
| 1648 | | CCTR | | 10-Oct-2009 11:22 PM | |
I have heard this one is a scam. Be very careful. -Fernando |
| 1647 | | CCTR | | 09-Oct-2009 06:45 PM | |
Everybody should pay attention here. The CEO likes to sell shares into the market....a lot of shares. I would avoid it no matter what for investing. Thomas |
| 1644 | | CCTR | | 09-Oct-2009 01:11 PM | |
Comment received by the GeoTeam: please initiate coverage of cctr. Unbelievable story. Pe .28: eps.14 on $40 rev; p/b .17. Revenue to $50 for '09. Cashflow positive. If anyone has insight on the company, your are welcome to comment here. |
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