State of Ohio DEPARTMENT OF COMMERCE DIVISION OF SECURITIES COLUMBUS, OHIO 43215
Order No. 98-195
IN THE MATTER OF: JOHN E. DHONAU; MHM COMPANY, INC.
CEASE AND DESIST ORDER
DIVISION ORDER
WHEREAS, the Ohio Division of Securities (hereinafter "the Division") is charged with the responsibility of protecting investors and finds that this order is necessary or appropriate in the public interest or for the protection of investors, and is consistent with the purposes of the Ohio Securities Act, Chapter 1707 of the Ohio Revised Code; and
WHEREAS, the Division has conducted an investigation into the activities of John E. Dhonau and MHM Company, Inc., whose last known address was 8731 Cincinnati-Columbus Road, West Chester, Ohio 45069, and as a result of said investigation, the Division finds as follows:
(1) John "Ed" Dhonau (hereinafter "Dhonau") is a natural person who conducted business in the State of Ohio.
(2) Dhonau is the president and CEO of MHM Company, Inc.
(3) MHM Company, Inc. is an Ohio corporation currently in good standing with the Ohio Secretary of State's Office.
Note: (4) through (7) redacted...names in (8) below.
(8) Witt, Ledford, Harmon and Cornett were solicited by salesmen for MHM Company, Inc. to invest in a venture through MHM Company, Inc. to finance expenses involved in a divestiture/acquisition transaction involving assets of a multinational oil company.
(9) Witt, Ledford, Harmon and Cornett were informed by salesmen for MHM Company, Inc. that funds given for the above-referenced venture would be returned within thirty days with a return of 20 to 1, i.e. an investor would be repaid $200,000.00 for a $10,000.00 investment.
(10) Witt, Ledford, Harmon and Cornett were also told by the MHM Company, Inc. salesmen that they would be issued a promissory note for any money given, to be secured by the receivables of Detox Industries, a Houston, Texas environmental clean-up firm.
(11) Witt gave $9,500.00, a credit union withdrawal in the form of a money order, on or about May 12, 1995 to a salesman for MHM Company, Inc. for the above-referenced venture, and was issued a promissory note in the amount of $10,000.00, executed by Dhonau, President for MHM Company, Inc.
(12) Ledford gave $9,500.00 on or about May 19, 1995 to a salesman for MHM Company, Inc. for the above-referenced venture, and was issued a promissory note in the amount of $10,000.00, executed by Dhonau, President for MHM Company, Inc.
(13) Harmon gave $4,750.00 on or about July 13, 1995 to a salesman for MHM Company, Inc. for the above-referenced venture, and was issued a promissory note in the amount of $5,000.00, executed by Dhonau, President for MHM Company, Inc.
(14) Cornett gave $19,000.00 on or about April 20, 1995, and $19,000.00 on or about April 23, 1995 to a salesman for MHM Company, Inc. for the above-referenced venture, and was issued two separate promissory notes in the amount of $20,000.00 each, executed by Dhonau for MHM Company, Inc.
(15) MHM Company, Inc. and Dhonau issued promissory notes to at least 30 individuals, of which promissory notes were issued to at least 23 Ohio investors from April 1995 to July 1995, according to documents given to investors as part of the sales presentation and records received by the Division.
(16) On or about June 27, 1996, Witt rolled over his $10,000.00 into four (4) corporate debentures of MHM Company Inc., at $2,500.00 each, that had a "stated rate of 12%," upon being solicited by a salesman for MHM Company, Inc. (17) Witt was given a document entitled "Accredited Investor Subscription Agreement" to sign which was executed by Dhonau, President of MHM Company, Inc., and is dated June 27, 1996.
(18) The promissory notes described in Paragraphs (11) through (14) and the debentures described in Paragraph (16) fall within the definition of "security" as that term is defined in Revised Code section 1707.01(B).
(19) The transactions described in Paragraphs (11), (12), (13), (14) and (16) fall within the definition of "sale" as that term is defined in Revised Code section 1707.01(C).
(20) Revised Code section 1707.44(C)(1) prohibits the sale in Ohio of securities that are not exempt from the registration requirements of Revised Code sections 1707.02, not the subject matter of an exempt transaction under Revised Code sections 1707.03, 1707.04 or 1707.34, not registered by description, coordination or qualification, or not the subject matter of a transaction that has been registered by description.
(21) The promissory notes sold in Paragraphs (11) through (14) and the debentures sold in Paragraph (16) are not exempt from the registration requirements of Revised Code sections 1707.02, not the subject matter of an exempt transaction under Revised Code sections 1707.03, 1707.04 or 1707.34, not registered by description, coordination or qualification, or not the subject matter of a transaction that has been registered by description, and, therefore, the promissory notes and debentures were sold in violation of Revised Code section 1707.44(C)(1).
WHEREAS, based on Paragraphs (1) through (21) above, the Division finds that John E. Dhonau and MHM Company, Inc. have violated the provisions of Ohio Revised Code section 1707.44(C)(1);
WHEREAS, on February 27, 1998, the Division issued and thereafter served a Notice of Opportunity for Hearing, Division Order No. 98-061, to John E. Dhonau via Certified Mail No. P 123-964-296 and MHM Company, Inc. via Certified Mail No. P 123-964-297, in accordance with Ohio Revised Code Chapter 119, giving notice of the opportunity to request a hearing within thirty (30) days from the date of the mailing of the notice;
WHEREAS, Certified Mail Nos. P 123-964-296 and P 123-964-297 were returned to the Division undelivered to John E. Dhonau and MHM Company, Inc.;
WHEREAS, on April 2, 1998, the Division issued and thereafter served an Amended Notice of Opportunity for a Hearing, Division Order No. 98-061, to John E. Dhonau via Certified Mail No. P 123-964-326 and MHM Company, Inc. via Certified Mail No. P 123-964-324, in accordance with Ohio Revised Code Chapter 119, giving notice of the opportunity to request a hearing within thirty (30) days from the date of the mailing of the notice;
WHEREAS, Certified Mail Nos. P 123-964-326 and P 123-964-324 were returned to the Division undelivered to John E. Dhonau and MHM Company, Inc.;
WHEREAS, in accordance with Chapter 119 of the Ohio Revised Code, notice of Amended Notice of Opportunity for a Hearing, Division Order No. 98-061, was published in the Daily Court Reporter of Montgomery County, Ohio, on April 27, 1998, May 4, 1998 and May 11, 1998;
WHEREAS, in accordance with Chapter 119 of the Ohio Revised Code, the Division mailed to John E. Dhonau and MHM Company, Inc. at their last known address evidence of such publication via Certified Mail No. P 123-964-348 on May 14, 1998;
WHEREAS, John E. Dhonau and MHM Company, Inc. failed to timely request an adjudicative hearing as permitted by Chapter 119 of the Ohio Revised Code; and
THEREFORE, IT IS ORDERED THAT, pursuant to Ohio Revised Code section 1707.23, John E. Dhonau and MHM Company, Inc. CEASE AND DESIST from the acts and practices as described above which constitute violations of Chapter 1707 of the Ohio Revised Code.
KLT/mm
Note: Redacted portion...redundant.
Witness my hand and the official seal of this Division at Columbus, Ohio this 22nd day of May, A.D. 1998.
In the keyword 1 box, type in Casavnat. Maybe someone more astute than I can do some digging around with the results. You can also do a party search with his name and get a few different results.
Crystalix Group International and NASCAR.COM to Debut New Products on Sept. 30, 2004 Thursday September 30, 7:48 pm ET
LAS VEGAS--(BUSINESS WIRE)--Sept. 30, 2004--Crystalix Group International Inc. (CGI) (OTCBB: CYXG - News) has reached agreement with NASCAR.COM to launch several new exciting products after the very successful debut of the #3 Richard Childress Racing and Jeff Gordon® #24 car in major retail/consumer markets. "The featured products presented by CGI and NASCAR.COM are scheduled to be available for sale beginning Sept. 30, 2004, and will feature custom products developed for the Jeff Gordon® #24 car, as well as the Kevin Harvick(TM) #29® car, Jimmy Johnson(TM) #48 car, #3 car owned by Richard Childress Racing and Joe Nemechek #01 car," stated John J. Lais III, CGI's chief marketing officer. "The new product launch for these top NASCAR® drivers feature very attractive price points, and we believe the NASCAR.COM fans are looking for great new products in time for the holiday '04 season," stated Dave Blakeman, CGI motorsports manager.
"NASCAR.COM is excited to welcome CGI as a new licensee to the family," stated Joe Mattes, VP of NASCAR.COM. "The CGI patented process allows NASCAR.COM to enter into a new arena in the collectibles market, and we believe our fans will love these new products of their favorite drivers and cars," stated Mattes. All products are "Officially Licensed" by NASCAR®.jgrizzo.
Through a very aggressive licensing and marketing campaign, Crystalix Group International Inc. began exposure of its exquisite, licensed 3-D facial images of NASCAR drivers and its full 3-D replica of sponsored racecars for the collectible markets. Our goal is to maximize our license agreements and deliver excitement of this new product to the NASCAR.COM fans.
About Crystalix Group International Inc.
Crystalix is the leading manufacturer, distributor and marketer of laser subsurface engraved optical-quality glass products. Its principal product is a personalized three-dimensional engraved crystal that features the facial image of one or more persons or other three-dimensional images. As of Sept. 30, 2003, Crystalix had 44 kiosks owned by its marketing partners in retail shopping malls, resorts, promenades, casinos, and theme parks where its crystals are engraved and sold. Its engraving process involves the use of a high-resolution digital camera, a laser image scanner, and a laser that is configured together by a standard desktop personal computer, using its proprietary software and a Windows operating system. The laser image scanner converts images from the digital camera, a customer's digital image, or a hard copy photograph into a three-dimensional or two-dimensional digitally formatted image that will be engraved into the center of the crystal by the laser.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by lead-in "Looking Forward." These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions. No assurance can be given that these are all the factors that could cause actual results to vary materially from the forward-looking statement.
can anybody explain the rise in volume and in price of ucad. what about jiuna? it almost doubled
is cmkx next? maybe tommorow ? together with an erruption of mt. st. helens the time should be upon us!
by the way nobody in their right mind would have dumbed shares today before the dividend is payed out.
the shares sold today by the MMs where did they come from? Naked? IF news come out tommorrow what would happen? Covering? I`m a little lost here,but i asume one day the rules of regular trading will apply also to cmkx. at this point i have to buy into the naked short theory
quote:Originally posted by XchangeMODE: This board became a little redundant
can anybody explain the rise in volume and in price of ucad. what about jiuna? it almost doubled
is cmkx next? maybe tommorow ? together with an erruption of mt. st. helens the time should be upon us!
by the way nobody in their right mind would have dumbed shares today before the dividend is payed out.
the shares sold today by the MMs where did they come from? Naked? IF news come out tommorrow what would happen? Covering? I`m a little lost here,but i asume one day the rules of regular trading will apply also to cmkx. at this point i have to buy into the naked short theory
I think the rise in price with UCAD is becasue the MM's have been forced to buy these shares on the open market @ retail. That way they cover our divies. The closely watched (no doubt by Roger, Uban the SEC, DTC, to name a few.) and limited amout of UCAD shares cause a "supply vs. demand" rise in price. The same thing with Juina.
I think we will know soon, Roger Glenn did say "we will be well on our way to becoming fully reporting". My guess is by Friday we will have a much clearer picture into CMKX's immediate future. As far as your question regarding, where the MM's shares are coming from, and the volume? The real question to ask is "Where are those shares going to"? I believe Urban has been aggressively retiring shares all along, right up to the minute just before submitting the proper legal paperwork for becoming a fully reporting company. Paying for it with some the the proceeds of the recent cash infusions, and share exchanges with the JV's. Push is coming to shove, and I believe the MM's are up against the wall IMO. The rules and regulations applying to the CMKX will change! Because they will be on another Exchange.
Richest of Blessings to any and all who own this most celebrated of Pinksheet stocks.
The Spunkster.
[This message has been edited by Spunky Jay (edited October 06, 2004).]
[This message has been edited by Spunky Jay (edited October 06, 2004).]
Posts: 40 | From: Flint, Michigan, United States of America | Registered: Feb 2004
| IP: Logged |
State of Ohio DEPARTMENT OF COMMERCE DIVISION OF SECURITIES COLUMBUS, OHIO 43215
Order No. 98-195
IN THE MATTER OF: JOHN E. DHONAU; MHM COMPANY, INC.
CEASE AND DESIST ORDER
DIVISION ORDER
WHEREAS, the Ohio Division of Securities (hereinafter "the Division") is charged with the responsibility of protecting investors and finds that this order is necessary or appropriate in the public interest or for the protection of investors, and is consistent with the purposes of the Ohio Securities Act, Chapter 1707 of the Ohio Revised Code; and
WHEREAS, the Division has conducted an investigation into the activities of John E. Dhonau and MHM Company, Inc., whose last known address was 8731 Cincinnati-Columbus Road, West Chester, Ohio 45069, and as a result of said investigation, the Division finds as follows:
(1) John "Ed" Dhonau (hereinafter "Dhonau") is a natural person who conducted business in the State of Ohio.
(2) Dhonau is the president and CEO of MHM Company, Inc.
(3) MHM Company, Inc. is an Ohio corporation currently in good standing with the Ohio Secretary of State's Office.
Note: (4) through (7) redacted...names in (8) below.
(8) Witt, Ledford, Harmon and Cornett were solicited by salesmen for MHM Company, Inc. to invest in a venture through MHM Company, Inc. to finance expenses involved in a divestiture/acquisition transaction involving assets of a multinational oil company.
(9) Witt, Ledford, Harmon and Cornett were informed by salesmen for MHM Company, Inc. that funds given for the above-referenced venture would be returned within thirty days with a return of 20 to 1, i.e. an investor would be repaid $200,000.00 for a $10,000.00 investment.
(10) Witt, Ledford, Harmon and Cornett were also told by the MHM Company, Inc. salesmen that they would be issued a promissory note for any money given, to be secured by the receivables of Detox Industries, a Houston, Texas environmental clean-up firm.
(11) Witt gave $9,500.00, a credit union withdrawal in the form of a money order, on or about May 12, 1995 to a salesman for MHM Company, Inc. for the above-referenced venture, and was issued a promissory note in the amount of $10,000.00, executed by Dhonau, President for MHM Company, Inc.
(12) Ledford gave $9,500.00 on or about May 19, 1995 to a salesman for MHM Company, Inc. for the above-referenced venture, and was issued a promissory note in the amount of $10,000.00, executed by Dhonau, President for MHM Company, Inc.
(13) Harmon gave $4,750.00 on or about July 13, 1995 to a salesman for MHM Company, Inc. for the above-referenced venture, and was issued a promissory note in the amount of $5,000.00, executed by Dhonau, President for MHM Company, Inc.
(14) Cornett gave $19,000.00 on or about April 20, 1995, and $19,000.00 on or about April 23, 1995 to a salesman for MHM Company, Inc. for the above-referenced venture, and was issued two separate promissory notes in the amount of $20,000.00 each, executed by Dhonau for MHM Company, Inc.
(15) MHM Company, Inc. and Dhonau issued promissory notes to at least 30 individuals, of which promissory notes were issued to at least 23 Ohio investors from April 1995 to July 1995, according to documents given to investors as part of the sales presentation and records received by the Division.
(16) On or about June 27, 1996, Witt rolled over his $10,000.00 into four (4) corporate debentures of MHM Company Inc., at $2,500.00 each, that had a "stated rate of 12%," upon being solicited by a salesman for MHM Company, Inc. (17) Witt was given a document entitled "Accredited Investor Subscription Agreement" to sign which was executed by Dhonau, President of MHM Company, Inc., and is dated June 27, 1996.
(18) The promissory notes described in Paragraphs (11) through (14) and the debentures described in Paragraph (16) fall within the definition of "security" as that term is defined in Revised Code section 1707.01(B).
(19) The transactions described in Paragraphs (11), (12), (13), (14) and (16) fall within the definition of "sale" as that term is defined in Revised Code section 1707.01(C).
(20) Revised Code section 1707.44(C)(1) prohibits the sale in Ohio of securities that are not exempt from the registration requirements of Revised Code sections 1707.02, not the subject matter of an exempt transaction under Revised Code sections 1707.03, 1707.04 or 1707.34, not registered by description, coordination or qualification, or not the subject matter of a transaction that has been registered by description.
(21) The promissory notes sold in Paragraphs (11) through (14) and the debentures sold in Paragraph (16) are not exempt from the registration requirements of Revised Code sections 1707.02, not the subject matter of an exempt transaction under Revised Code sections 1707.03, 1707.04 or 1707.34, not registered by description, coordination or qualification, or not the subject matter of a transaction that has been registered by description, and, therefore, the promissory notes and debentures were sold in violation of Revised Code section 1707.44(C)(1).
WHEREAS, based on Paragraphs (1) through (21) above, the Division finds that John E. Dhonau and MHM Company, Inc. have violated the provisions of Ohio Revised Code section 1707.44(C)(1);
WHEREAS, on February 27, 1998, the Division issued and thereafter served a Notice of Opportunity for Hearing, Division Order No. 98-061, to John E. Dhonau via Certified Mail No. P 123-964-296 and MHM Company, Inc. via Certified Mail No. P 123-964-297, in accordance with Ohio Revised Code Chapter 119, giving notice of the opportunity to request a hearing within thirty (30) days from the date of the mailing of the notice;
WHEREAS, Certified Mail Nos. P 123-964-296 and P 123-964-297 were returned to the Division undelivered to John E. Dhonau and MHM Company, Inc.;
WHEREAS, on April 2, 1998, the Division issued and thereafter served an Amended Notice of Opportunity for a Hearing, Division Order No. 98-061, to John E. Dhonau via Certified Mail No. P 123-964-326 and MHM Company, Inc. via Certified Mail No. P 123-964-324, in accordance with Ohio Revised Code Chapter 119, giving notice of the opportunity to request a hearing within thirty (30) days from the date of the mailing of the notice;
WHEREAS, Certified Mail Nos. P 123-964-326 and P 123-964-324 were returned to the Division undelivered to John E. Dhonau and MHM Company, Inc.;
WHEREAS, in accordance with Chapter 119 of the Ohio Revised Code, notice of Amended Notice of Opportunity for a Hearing, Division Order No. 98-061, was published in the Daily Court Reporter of Montgomery County, Ohio, on April 27, 1998, May 4, 1998 and May 11, 1998;
WHEREAS, in accordance with Chapter 119 of the Ohio Revised Code, the Division mailed to John E. Dhonau and MHM Company, Inc. at their last known address evidence of such publication via Certified Mail No. P 123-964-348 on May 14, 1998;
WHEREAS, John E. Dhonau and MHM Company, Inc. failed to timely request an adjudicative hearing as permitted by Chapter 119 of the Ohio Revised Code; and
THEREFORE, IT IS ORDERED THAT, pursuant to Ohio Revised Code section 1707.23, John E. Dhonau and MHM Company, Inc. CEASE AND DESIST from the acts and practices as described above which constitute violations of Chapter 1707 of the Ohio Revised Code.
KLT/mm
Note: Redacted portion...redundant.
Witness my hand and the official seal of this Division at Columbus, Ohio this 22nd day of May, A.D. 1998.
posted
All I know is I doubled my money on the UCAD shares I already held, so now I really dont care what CMKX does.....I GOT MINE!!! Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
| IP: Logged |
quote:Originally posted by ed19363: All I know is I doubled my money on the UCAD shares I already held, so now I really dont care what CMKX does.....I GOT MINE!!!
Congradulations! Glad to hear someone is making money off CMKX / UCAD. Esteban
Posts: 259 | From: Rogers, AR | Registered: Oct 2003
| IP: Logged |
posted
I just checked with Yahoo and MyTrack, no news about the dividends, however, it is still early for an announcment of that magnitude. Esteban
Posts: 259 | From: Rogers, AR | Registered: Oct 2003
| IP: Logged |
posted
our brokers probably wont get the ucad shares till end of day. they should start showing up in our accounts tommorrow. if the ucad rise in the last 2 or 3 trading days is for covering some will get unrestricted shares. if everyone gets the right nunber os shares (about 9.5 per million) and all shares are restricted there was no naked short. if noboby can prove they have unrestricted shares we will of course hear how the DTC restricted those shares without ucad's knowledge. the mm's & the DTC working together to destroy a .0002 company and thus cover both their behinds.
Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
| IP: Logged |
quote:Originally posted by bill1352: our brokers probably wont get the ucad shares till end of day. they should start showing up in our accounts tommorrow. if the ucad rise in the last 2 or 3 trading days is for covering some will get unrestricted shares. if everyone gets the right nunber os shares (about 9.5 per million) and all shares are restricted there was no naked short. if noboby can prove they have unrestricted shares we will of course hear how the DTC restricted those shares without ucad's knowledge. the mm's & the DTC working together to destroy a .0002 company and thus cover both their behinds.
Thanks for the explination Bill
Posts: 259 | From: Rogers, AR | Registered: Oct 2003
| IP: Logged |
posted
OK - Now I am really confused - at what point yahoo showed additional trades to take it over 74,000,000 and then on refresh it droppped back to 65,000,000.......
posted
Weird things going on today: E-trade just showed a price of 0.0009 and a days high of 0.0020. Anyone care to speculate as to what is happening with CMKX today besides getting ready to sky rocket!!!!!!!!!
------------------ "If We Agree To Disagree, Then We Can Remain friends"
Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
| IP: Logged |
posted
Scottrade showed a low of .0001, high of .0009, now it's been corrected to low .0001, high .0003.
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
| IP: Logged |
posted
ameritrade streamer is showing .0001 to .0003 with almost 5 billion traded. that volume is very high even for cmkx. sure would like to know the buy, sell ratio
Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
| IP: Logged |
posted
just talked to ameritrade about ucad dividend...lady says may take 5 to 10 business days to show up in our accounts. she said call back in 7 business days if not there. also if yesterdays ucad run was from mm's buying to cover those shares would be unrestricted, say nite bought a huge amount to cover and then sent them to the DTC to distribute with the dividend, first the DTC would have to go along with it second they would not become restricted and 2 listings for ucad would show up in any accounts that got both types of ucad shares or you'd get all restricted or all unrestricted
[This message has been edited by bill1352 (edited October 06, 2004).]
posted
My UCAD dividend just hit my Ameritrade account. It says retricted and the amount of shares but no value is listed at all, also the symbol says "n/a*"
Posts: 784 | From: washington, DC | Registered: Aug 2004
| IP: Logged |
posted
nothing yet in my etrade. they for some reason usualy take about a week to give me any divy I have comming so I dont expect to see it till next week if I see it sooner Ill post
Posts: 123 | Registered: Jun 2004
| IP: Logged |
So that makes strike 2 for Dhonau. In 2 seperate states. I wonder how many other states he has done some dirty work. Good work Wallace! --------------------------------------------
Thanks, Tina.
I am becomming more and more convinced that John (Ed) Dhonau, is THE major stockholder in control of UCAD. Further, it appears that he may be the owner (or in control) of the two private companies Nevada Minerals and IB2000...both LV, NV companies. He and Woodward are or were both major shareholders in Crystalix Group International. Another company to keep an eye out for is Horizon Prime Corp...might be Dhonau's as well.
As of now, CMKX has had dealings with UCAD, Nevada Minerals and Crystalix...all with ties to Dhonau.
If VAN's thinking about stocks of companies dealing with CMKX is correct, Crystalix may be worth watching or buying. Don't know for sure.
Still, if this is the same John E Dhonau previously mentioned, extreme care would be a prudent approach.
[This message has been edited by Wallace#1 (edited October 06, 2004).]
posted
Could be a good day. Got my dividend at Ameritrade. They say that they got them from DTC. This raises the question as to why they didn't get them directly from the TA. Ameritrade also says they are using the ratios from OTC BB, just as they have been. My ratio was 9.6 per million. That means they did not round up as promised by the PR. At that ratio, the OS would be 779,625,779,625. That means that with an AS of 800 billion, that Urban has given up total control of his company, since he wasn't receiving dividends. FAT CHANCE HE DID THAT. So looks like we are back to square one of guessing on the true OS.
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
| IP: Logged |
posted
I dont think the amount of shares we get can tell us the o/s of cmkx since it can be changed with out notice being a pink sheet. they could have retired or authorized billions of shares today and we would not have to be informed
Posts: 123 | Registered: Jun 2004
| IP: Logged |
quote:Originally posted by noahltl: Could be a good day. Got my dividend at Ameritrade. They say that they got them from DTC. This raises the question as to why they didn't get them directly from the TA. Ameritrade also says they are using the ratios from OTC BB, just as they have been. My ratio was 9.6 per million. That means they did not round up as promised by the PR. At that ratio, the OS would be 779,625,779,625. That means that with an AS of 800 billion, that Urban has given up total control of his company, since he wasn't receiving dividends. FAT CHANCE HE DID THAT. So looks like we are back to square one of guessing on the true OS.
Is it possible that he did not receive the dividends and they just stayed with CMKX? So, the ratio was based upon the O/S including his shares but he simply let CMKX keep his shares. I don't recall how it was worded about him not taking the dividend.
If you have any questions and wish to contact us via e-mail, please log into your account and send your inquiry using the "E-mail Us" link which can be found in the navigation bar at the left side of any page within your account. Select the Reorganization & Dividend Inquiry Form.
Joy Busse Apex Reorganization and Safekeeping, Ameritrade Division of Ameritrade, Inc.
Posts: 1872 | From: right here | Registered: Apr 2004
| IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
