posted
Frankly, I think all of us should contact the SEC and tell them what we think of CMKX, Urban Casavant, the TA fiasco, Roger Glenn and the whole mess. I would hate to see them get any leniency.
Of all people, legal should agree that ignorance of the law is no excuse. For example, if I am selling one of my drugs (or even giving some to another), but don't know that it is illegal to do so, I have no excuse. I have emphysema (not a heart attack) and that is no excuse either. Now those bast-rds want someone to be lenient because of an illness? There was apparently no illness of the mind, huh?
One of the defenses referred to "laches". In short, that means the SEC did not take action quickly enough and, therefore, their current actions are inappropriate. They say this on the one hand and on the other fault the SEC for not giving CMKX 90 days prior to taking action? A bit of a contradiction!
Some of you hit the nail on the head. They are blaming the god sent, walking on water Roger Glenn for all their failures. He had to have known the requirements to file and assisted them in overlooking the problems associated with not filing. Wasn't he the one who legal threatened to notify about my conclusions re him and his firm? Ten to one that fiasco with the TA way back when was because the TA wanted to disclose the true number of shareholders. That is why they switched back to the one with a zippered mouth.
And now they are saying that it was shareholders who brought up the NSS situation? If I remember correctly, the CMKX and predecessor people brought it up first.
They say the Respondent "does not have and cannot obtain information sufficient to admit or deny"? On that basis deny the allegations, when they have had all information to date and not disclosed it?
It is very obvious why they are attempting to avoid a "public administrative proceeding" being instituted. Again, they don't want shareholders to know anything of importance.
As far as the statement "Respondent's management was inexperienced in operating a public company" is concerned, that is an overstatement. I stated months ago that they were bungling idiots as far as management is concerned. All of a sudden that becomes a known fact? Wasn't CIM a public company? Wasn't UC involved with or opreating other public companies prior to CIM and CMKX?
Last, but not least, do not forget that Urban Casavant asserted his 5th Ammendment priviledges for a particular reason. I know what that tells me about his guilt or innocence somewhere along the way. Incidentally, look at the past records of some of his associates concerning legal problems. There's a saying about "birds of a feather flocking together"....and I mentioned that months ago too.
quote:Originally posted by Upside: Looks to me like they're placing the blame on Roger Glenns shoulders. They basically said that he was brought on to get them reporting, Urban had a stroke and had to rely on R.G. and he dropped the ball. I also find it interesting where Urban pleaded the fifth during his testimony. That's the self-incrimination amendment, used so you do not implicate yourself in a crime.
Urban is a Canadian Citizen, is he also an American Citizen? or is he a Permanent Resident?
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow
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My friend, you are probably thinking of the 5th Ammendment plea. Don't know the answer and don't know if he can use it if he is not a citizen. With the new law firm, I am guessing it was checked out though. Maybe even non-citizens can use it.
This whole thing with placing the blame on Roger Glenn must have the faithful squirming a bit. After all, they did put all their money on him, his honesty and his abilities. Big disappointment, I am sure. So much for that asset. Geeesssuuuussss!!! Do I remember WWJD Thur Me (aka Debi) pumping that guy to heaven. Maybe he's feeling a bit of heat now.
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My friend, you are probably thinking of the 5th Ammendment plea. Don't know the answer and don't know if he can use it if he is not a citizen. With the new law firm, I am guessing it was checked out though. Maybe even non-citizens can use it.
This whole thing with placing the blame on Roger Glenn must have the faithful squirming a bit. After all, they did put all their money on him, his honesty and his abilities. Big disappointment, I am sure. So much for that asset.
It just goes to show what a louse Urban is. He will use anyone and everyone for his personal gain. Even the reputation of Roger Glenn. Nothing but a dirtbag as far as I am concerned.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow
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My friend, you are probably thinking of the 5th Ammendment plea. Don't know the answer and don't know if he can use it if he is not a citizen. With the new law firm, I am guessing it was checked out though. Maybe even non-citizens can use it.
This whole thing with placing the blame on Roger Glenn must have the faithful squirming a bit. After all, they did put all their money on him, his honesty and his abilities. Big disappointment, I am sure. So much for that asset. Geeesssuuuussss!!! Do I remember WWJD Thur Me (aka Debi) pumping that guy to heaven. Maybe he's feeling a bit of heat now.
What in the world could have possibly led you to the conclusion that they were blaming Roger Glenn? High priced SEC attorneys do not run companies during the owners illness. Can you really expect anyone to believe that?
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posted
For those of you who wish to complain to the SEC concerning Urban Casavant, CMKX, statements made by CMKX officials, statements made by their current law firm and the complete disregard and violation of shareholder interests by Casavant and/or CMKX the address is as follows:
I intend to ask the SEC to apply all the pressure possible in getting out the truth, in getting information (financial and otherwise) published and not to give them an easy out with leniency. I believe they should be punished to the fullest extent possible under the laws.
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quote:Originally posted by Wallace#1: For those of you who wish to complain to the SEC concerning Urban Casavant, CMKX, statements made by CMKX officials, statements made by their current law firm and the complete disregard and violation of shareholder interests by Casavant and/or CMKX the address is as follows:
I intend to ask the SEC to apply all the pressure possible in getting out the truth, in getting information (financial and otherwise) published and not to give them an easy out with leniency. I believe they should be punished to the fullest extent possible under the laws.
Be aware if you complain to the SEC they will ask you if you have any "evidence" of wrongdoing on the company's part. Unlike here, they won't give you the time of day if you don't. I am not discouraging your complaints, as a matter of fact I welcome it if you have anything to give them besides, "I think", "I feel", "Wallace said" or any other "trivial comments". Please do make your comments, so that when this is over and CMKX walks away unscathed, Wallace and his band won't be able to cry "foul".
Wallace said: "I believe they should be punished to the fullest extent possible under the laws."
Should we have a trial first or just lynch them? LOL
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posted
Hey thats not fair, GBMS scams you to your face. They used the laws in there favor to scam. But then to no one will buy there POS now. Now CMKX lied to quit reporting and hid the fact they diluted to 703 billion shares while letting the shareholders believe it was all NSS and the DTC was going to make them rich trying to cover.
-------------------- Invest with your brain not with your heart.
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posted
well i see someone else had the same idea....
Ten to one that fiasco with the TA way back when was because the TA wanted to disclose the true number of shareholders. That is why they switched back to the one with a zippered mouth. ...i said the same thing about 30 pages ago Wallace. roger the dodger got paid well to do nothing & just proved what was said by bashers all along roger was there to cover UC's azz not help shareholders. he's a lawyer & honesty has nothing to do with corporate law. i will say these new lawyers are doing their job...at least UC is getting real lawyers...smoke screen & bullchit the basis for lawyers
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
With reference to legal's comments about proof, you don't need proof to ask the SEC to administer the most severe punishment possible if they determine Urban Casavant, CMKX et.al. have violated SEC requirements. Most of you know what has and has not been happening with events surrounding CMKX and other related companies. Tell them what you feel is right or wrong about current and past events. Tell them how you feel about the consistent lack of credible information, especially financial, share numbers including outstanding and public float. Tell them how important such information is to you to make your trading decisions.
As far as I am concerned, UC and all the people involved with CMKX knew what they were doing all along. The responsibility has rested with UC and no one else. Incompetence is no excuse for breaking the SEC rules for filing requirements. Nor is a heart problem. Frankly, I doubt he has a heart!!!
legal,
"You stated: "What in the world could have possibly led you to the conclusion that they were blaming Roger Glenn? High priced SEC attorneys do not run companies during the owners illness. Can you really expect anyone to believe that?"
Legal, maybe Glassman is right and you are a paid pumper. I cannot believe you are so naive as to think Roger Glenn is not becomming the scape goat. That is rather clear. Of course, now he is just a high priced SEC attorney and nothing else you faithful carried on about? Look at the facts in that response. They have found a whipping boy!!!
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posted
Be aware if you complain to the SEC they will ask you if you have any "evidence" of wrongdoing on the company's part.
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evidence??? we don't need no stinking evidence...lol what more evidence do you need then what the SEC already has??? there is no way on gods green earth they didn't know they had more then 500 shareholders. 703 billion shares!!!!!!!!!!! you think maybe they thought there were 450 ppl with 1 billion plus shares each??? in july roger said uc had "no shares !!!!!!!! in august it was raised to 800 billion. legel you said DD was reasonable piecing together of known events... thats not just reasonable its in plain site, hit you in the face fact. CMKX is cooked & its UC's fault, he is a crook, conman, scam artist, just a plain old nice guy.
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
[QUOTE]Originally posted by Highwaychild: Shakeman on the shakedown with his milkshake tonight.
As long as your complaining to the SEC why don't you tell them about GBMS - GMSV - AFRD - AFRN - AFRT - AFRR - AFRC - AMFR [/QUOTE *********************
Hwy, because I have neither owned nor followed any of those companies. If they are scams and you feel strongly about something they did or did not do, complain yourself.
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posted
Now of course we know why Mahue wanted cash and no shares. He already knew it was a mess and was hired to see if he could fix it. If you knew how bad it was would you want stock options or cash? I believe he took the right choice.
-------------------- Invest with your brain not with your heart.
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posted
By the way, legal, I'm for lynching them now. Guilty as hell!! LOL
For those of you who want to contact the very same people to whom CMKX's law firm responded, their addresses are in the last part of that response to the SEC. Sometimes that is more effective.
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Its the same company. In less then 2 years they did that many reverse splits and name changes. I f bought the shares 2 years ago you would have had to bought 10 trillion with a big "T" to own one share today. 2004 scam of the year by the web site that tracks penny stock scams.
posted
i will give credit when due & UC should have every stock scam, crook, whatever taking their hat off to him. enron & those guys cooked books & just plain hide money in differant ways to increase stock pps. that took a lot of work & thought. UC has said..well we didn't keep books, we aren't perfectionists, everyone but i dropped the ball, we have no books, we didn't know what we were doing...it didn't take much work to come up with that...lol. in fact it sounds a lot like a kid trying to get out of punishment for something he did. any 5 yr old could do as UC has. no book cooking, no paperwork at all. just call the printer & order more shares to sell. now that he is caught he wants lawyers to save his azz, now he finds 500 plus sharesholders...over 2000 in fact. enron & those guys spent huge money to steal...UC just spent it. ya gotta love that...lol
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
Wallace said: "Legal, maybe Glassman is right and you are a paid pumper. I cannot believe you are so naive as to think Roger Glenn is not becomming the scape goat. That is rather clear. Of course, now he is just a high priced SEC attorney and nothing else you faithful carried on about?"
How much do you think they pay me to pump the five or six people left in here, to buy a stock that you have to find a "special" broker in order to even be able to buy at .0001?
He "is" a high priced SEC attorney, not "just" one.
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posted
Like I said, Hwy, I never owned or followed any of those "companies", therefore never lost anything there. Once a name is changed, they change the symbol. Since the symbol was changed I think the name might have been changed. Therefore, I suspect that, from a legal point of view, they are considered different companies.
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posted
legal said: "He "is" a high priced SEC attorney, not "just" one."
Is that more of the inside information you have that you KNOW he is high priced? Have you seen the CMKX books to know what he was paid? Please tell us how much!
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quote:Since the symbol was changed I think the name might have been changed. Therefore, I suspect that, from a legal point of view, they are considered different companies.
And that brings up an interesting question. I've read a lot of speculation that if CMKX is revoked, they'll just roll over into another Casavant company, (CIM, SGGM, etc.) Is that possible? Wouldn't the SEC in effect then be saying go ahead and keep doing what you're doing, just change your name. Could they possibly allow that?
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AFRT just took a different route to the same place CMKX is. UC just kept printing, never R/S, kept the O/S to himslef. At least ARFT let you know they were F---ing, ya. I never bothered figuring it out, but AFRT O/S discounting the R/S or calculating for the affect of R/S, would probably give them 800B O/S too.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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Don't know the answer to your question, Up, but I sure as hell hope they cannot. On the other hand, it will keep us going in laughs for some time to come if they can.
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But here's the rub. They've got CMKX with an 800 billion a/s, CIM with 500 billion and SGGM with 900 billion. Imagine if they could somehow combine those? This could go on for years, same people under a different name. Guilty as hell, free as a bird.
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Not if we lynch them first! LOL Had no idea that SGGM has 900 bil authorized. WOW!!! Part of that bunch of associated co's I have not been following because of lack of interest. All bad apples as far as I am concerned.
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posted
That's a good point Will.But the 60 month chart on Pinksheets shows the pps of a share of GBMS at around $40901412.00 would be trading at .016 today.LOL
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