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Post by liquidator on Jan 21, 2005 10:20:14 GMT -5
(OTC: CPRD) Corporate Road Show.com - issued an 8K filing (http://finance.yahoo.com/q?s=CPRD.OB) yesterday announcing the sale of CPRD to a Mr. Sung Kee Chung and Mrs. Sung Sook Park, both Korean nationals. This sale of CPRD may fortell a possible new reverse merger from Korea, and may be worth radaring as a possible reverse merger shell play.
SHORT POSITION
CPRD is currently 99% held by insiders, and thus has very little inventory in the public float. When CPRD went public several weeks ago the stock quickly rose into the .03's range, where MM's jumped in and currently have a large short position. Any news of a possible new merger could send CPRD heading back to recent highs.
CPRD Level 2 Line-up
You can note the NITE and SCHB are the main 2 market makers on the offer, and with very little to offer before the .30's range. (.09 & .14)
Ask Size MMID Time 0.090 50 NITE 07:30 0.140 50 SCHB 07:30 0.300 50 BAMM 08:01 0.330 50 HDSN 07:30 0.350 50 HILL 07:30 0.400 50 VNDM 07:30 0.400 50 SACM 07:30 5.000 5 FRAN 07:30 0.000 0 AGIS 07:30
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