posted
No it isn't. UC stated them clearly earlier but now has hid them and replaced the truth with NSS. He clearly stated that he couldn't do the financial because of voids in the records.
"the ability to rebuild financial records"
He stated that others ran the company badly and thats why the records were bad.
"lack of adequate internal controls"
It has nothing to do with the method of quotation. It has everything to do after he already stated that they were incompetent in running a public company and now changed there tune to no really its because we can't file because of NSS. George Bush would call these people a flip flopper. lol
-------------------- Invest with your brain not with your heart.
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posted
abogirl is wrong, stocklien is wrong, the cult is wrong in fact every person the states you can't file because of a naked short has no clue to the laws & rules of the stock market & needs to get out completely. they have no business investing. they are the stock market's bagholders. there is no rule, law or even a mention that to file a true & accurate report you must include n/s shares. n/s'ing is illegel. legel documents do not require including illegel activities. filing requires that you report the a/s, the o/s & a share structure period. anything cmkx & its lawyers are doing now is being done to set up the next scam or to divert the lawsuits the cult would file against cmkx if the facts & truth were not completely buried in crap & clouds. UC would lose his new home & all else that was bought with the shares sold cash. family & insiders would be flushed along with him because all gains would be held till the suit was finished. think of how the cult would react if it came out UC sucked them dry. the same blind faith would become an unstoppable rage. blood would be called for.
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
I agree bill, all this diversion is nothing more then a way to hold off a law suit by the stockholders. If they can get the blame off them and try and blame the SEC for being revoke then UC hopes he gets to keep all his money that he made from the sales of cmkx shares to the tune of 704 billion.
-------------------- Invest with your brain not with your heart.
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1) The 10KSB requires us to report "outstanding shares"
2) The term "outstanding shares" is ambiguous. Is it shares issued by the corporation, or shares held by all its investors? (implying that we have two sets of O/S numbers, one equaling the number issued, the other equaling the number held).
ANSWER: The term "outstanding shares" is not the least bit ambiguous!!! It is "common knowledge" that it means shares authorized, issued and outstanding. There is no question about that as a FACT, and, legal should know that as well since he claims some accounting background.
As per abadgoodgirl post reposted by LEGAL:
The very idea that the share structure of a company is not part of the financial statements and is irrelevant is preposterous. One cannot possibly file completed financial statements and omit the section of the Balance Sheet titled “Liabilities and Stockholders’ Equity”. The very idea of such nonsense is gross negligence at the very minimum.
She also wrote: "As a CPA I am aghast at the Divisions in Limine Motion to exclude anything that would go directly to the preparation of the stockholders’ equity section of the balance sheet."
ANSWER: Judge Murry never stated that share structure is "not part of financial statements". She did say that it is "irrelevant". Those clowns at CMKX did not file financial statements (incl. in 10Ks, 10Qs, etc.) when they were required to do so. They did not file a Balance Sheet as required. THAT is a part of the charges and NSS has nothing to do with their refusal or neglect to file.
As a CPA the original poster (and the reposter with a supposed background in Accounting) should very well know that for FACT. Had they filed a Balance Sheet, all they had to include is what was presented by both themselves and the TA as to the accurate number of shares "authorized", issued and outstanding!!! No need to worry about NSS, whether it exists/existed or not!!!
How in hell the original poster can be called a CPA is beyond me. If that is her level of logic and knowledge, she must screw up every Balance Sheet with which she is involved.
Finally, as posted by LEGAL:
"...but the accounting and ruling information was important."
ANSWER: It was both misleading and inaccurate as it relates to the charges made by the SEC against CMKX, and, legal should know that if he has had any Accounting training (even Accounting 101)!!
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Member Rated: posted May 04, 2005 13:12 -------------------------------------------------------------------------------- abogirl is wrong, stocklien is wrong, the cult is wrong in fact every person the states you can't file because of a naked short has no clue to the laws & rules of the stock market & needs to get out completely.
EVERYONE IN THE WORLD IS WRONG BUT ME
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Gender: Posts: 194 Re: Come on 3400 « Reply #15 on: Today at 3:29pm »
-------------------------------------------------------------------------------- on Today at 3:24pm, J wrote:By all means... Please add them to this thread.
Thanks.
*******************************
Total Shares: 68,181,961,144 Signed Agreements: 740 4:28pm 4/13
Total Shares: 70,859,033,342 Signed Agreements: 778 8:22pm 4/13
Total Shares: 77,999,163,749 Signed Agreements: 816 9:00am 4/14
Total Shares: 81,567,388,865 Signed Agreements: 860 2:00pm 4/14
Total Shares: 83,026,954,069 Signed Agreements: 896 8:30pm 4/14
Total Shares: 85,264,899,119 Signed Agreements: 919 8:45am 4/15
Total Shares: 85,641,131,497 Signed Agreements: 947 6:00pm 4/15
Total Shares: 85,753,721,502 Signed Agreements: 949 10:30am 4/16
Total Shares: 85,997,107,889 Signed Agreements: 958 8:30pm 4/16
Total Shares: 87,533,869,789 Signed Agreements: 971 12:00pm 4/17
Total Shares: 87,707,369,787 Signed Agreements: 976 5:00pm 4/17
Total Shares: 87,771,369,786 Signed Agreements: 980 7:00pm 4/17
Total Shares: 88,131,035,040 Signed Agreements: 985 8:30am 4/18
Total Shares: 88,931,243,875 Signed Agreements: 995 10:15am 4/18
Total Shares: 89,134,944,616 Signed Agreements: 1008 5:00pm 4/18
Total Shares: 93,944,652,615 Signed Agreements: 1063 1:00pm 4/19
Total Shares: 96,973,830,929 Signed Agreements: 1103 4:00pm 4/19
Total Shares: 99,092,267,017 Signed Agreements: 1122 5:00pm 4/19
Total Shares: 103,291,739,473 Signed Agreements: 1148 6:45pm 4/19
Total Shares: 104,293,591,185 Signed Agreements: 1171 9:00pm 4/19
Total Shares: 104,591,420,547 Signed Agreements: 1192 8:00am 4/20
Total Shares: 104,899,090,448 Signed Agreements: 1200 9:35am 4/20
Total Shares: 106,156,194,039 Signed Agreements: 1227 4:00pm 4/20
Total Shares: 109,415,172,401 Signed Agreements: 1262 7:30am 4/21
Total Shares: 110,546,578,260 Signed Agreements: 1274 10:30am 4/21
Total Shares: 114,380,195,536 Signed Agreements: 1297 12:30pm 4/21
Total Shares: 115,972,914,477 Signed Agreements: 1326 5:00pm 4/21
Total Shares: 118,528,403,087 Signed Agreements: 1365 8:00pm 4/21
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Is providing a count of cult members all you can say at this point? How about some meat for us to chew on and spit right out? There just must be something you can say that justifies a response.
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posted
legel having the cmkx cult disagree with me is a positive thing. i didn't make the rules. i'm not part of the federal gov. i'm not in congress. i'm not part os the SEC, DTC, YMCA or any other organization. the laws & rules concerning filing reports are there for anyone to see. the new stricter rules do not say all naked shorts are to be included thus not filing for lack of info to include naked shorts is BS with a very large S. this so called CPA must not only be drinking the kool-aide but she must be blonde too. (just kidding on the stupid blonde thing...sort of...lol). the cliche's that go with this are endless..2 wrongs don't make a right, if your friends jump off a bridge do you & so on. what cmkx's lawyers are doing is just what a defence lawyer is supposed to do when the client is caught red handed, smoking gun in plain view, on video tape & with 3 priests & a nun as witnesses divert & cloud the issue in hopes of escaping with your skin. it doesn't matter if cmkx was n/s'ed 15 trillion shares it does not excuse not filing.
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
The thing about it to, if they had filed they would have been able to prove it. But since we all know it was to coverup a P&D it doesn't really matter. Revoked
Only bad thing about the 10th is the judge has another 68 days to make a decision. Just hope its quick so this dilusions can end.
-------------------- Invest with your brain not with your heart.
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posted
I just wonder what the response will be when the SEC proves that they sold illegal share as a money making scam. Here is you one; He had to rip us off so he could raise money to buy a new drill that wasn't duck taped together, lol.
-------------------- Invest with your brain not with your heart.
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posted
ric the cmkx lawyers get paid by the hr. UC sold 703 billion shares plus the other cash he got selling parts of the claims & they know it.....it will be weeks before they shut up in court...lol
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
SEC please expose these people for what they are and SHUT IT DOWN, Please SEC shut CMKX down, they never believed in giving the shareholder the truth.
SEC Hearing ==== Bye Bye CMKX
Hey Melvin you had better watch out Mount SEC is about to explode and the falling rocks will hurt you and the gang Urban et al.
The death of CMKX has already happened but we all know that the greiving process can linger on, especially when the cult won't seek professional help. Geez give it up already, CMKX is DEAD The SEC will confirm that real soon.
-------------------- 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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posted
i dont have proof nor any real info to this effect but i have a hunch SGGM will end up with the claims. a/s is 900 billion, UC has 200 billion. $10 million in cash pays for a lot of lawyers. why would a shell company pay $10 million & 200 billion shares for claims that have no proof they have value other then next to 2 claims getting close to being worth mining. the claims the core samples came from are gone to another company. USCA's Q10 said that in the claims next to shore & debeers they had yet to hit kimberlite of enough amounts to be worth commercial mining let alone hold large amounts of diamonds. if UC gets banned from running or being part of a public company again he has 200 billion shares. it has the smell of another cmkx all over again.
-------------------- "keep your stick on the ice & your cup firmly in place"
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quote:Originally posted by will: "R: It is a very simple matter for UC/CMKX to give you a share count, including the actual float or number of shareholders. It is simply a matter of demanding the TA poll the brokers holding shares in street name to each provide the TA with their total number of CMKX shareholders (not individuals). That's 1 figure from each broker and probably not more than 15-25 brokers involved. Put the burden and the responsibility where it belongs...."
The truth is right there. There is no other polls, organizing, share counting or anything needed, save that being disclosed.
Case closed!
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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Judge Murray: Mr Frizzel, you represent a group of CMKX shareholders, correct?
Attorney Frizzel: That's correct your Honor.
Murray: How many shareholders are in your group Mr. Frizzel?
Frizzel: Approximately 4000 at last count.
Murray: And how many shares do they hold as a group?
Frizzel: Approximately 300 billion your Honor.
Murray: Pardon me Mr Frizzel, you said 300 million, correct?
Frizzel: No your Honor, 300 billion, with a "b"!
Murray: (long pause) Mr. Frizzel, how is that possible? No company in history has ever issued 300 billion shares! Are you trying to make a mockery of these proceedings?
Frizzel: Honest Injun your Honor, 300 billion. Heck, that's not even half of the o/s.
Murray: (another long disbelieving pause) Mr. Casavant, what is the o/s of your company?
Urban: (coughing to cover his words) 700 billion your Honor.
Murray: Did I hear you through your retching correctly Mr. Casavant, 700 billion?
Urban: Yes your honor 700 billion. You see we had to issue that many because of the naked shorts and the double naked shorts and Debeers and......
posted
703 billion at .0001 is only 70 million market cap Ed. What is the market cap of most medium sized mining companies?
If CMKX ends up with a value of 7 billion that is a 100 fold gain. Shore Gold's latest find was recently valued in the 7 billion range.
Anyone who says CMKX is a stupid play just doesn't get it. If over the next 5 years I turn 1000 dollars into 100 thousand dollars I will be pretty happy.
Next, the NSS issue is relavent because the company is obligated to state all material facts. You cannot just say OS is 700 Billion knowing there are a trillion NSS, and be off the hook. The material fact is that your investment will not make you money because no matter what equity we build they will just keep issueing counterfit shares.
As a material fact it must be reported.
Next, the DTCC is liable not just the brokers who sell the shares and create customers. They must first borrow the shares and then keep them open past the service time of reasonable liquidity needs.
It is a crime to borrow while never intending to repay. It is also a crime to lend to the detriment of the company you are to help.
I believe our defense is very reasonable. The PR stated they knew that NSS was not an excuse for not filing over "extended periods", that is why they are only using this as a short term defense for the 60 day period.
Also, if the owners group numbers badly exceed the float as many speculate, doesn't that mean that UC and company own most of the shares. At least 2/3.
People bashing this just don't get it. It is true it may be a scam. To this point that is unproven. Possibe, yes. Probable, maybe 50/50 unless you realize all the people with reputations who have said it is legit. Stocklein said in a pr it is a viable company.
Do you really think a nationally recognized securities firm would say that publicly if it wasn't a viable concern?
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posted
Pretty big jump in suckers in one day, 459. Makes one wonder how forthright and accurate that number really is. 27 billion more shares accounted for too, better than 10% of the total. Of course, I see the company announced support, so that will be the given reason. Only a little less than a half a trillion to go, 6 days. Old UC and family better be holding a lot of paper.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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"Also, if the owners group numbers badly exceed the float as many speculate, doesn't that mean that UC and company own most of the shares. At least 2/3."
Cant be true because UC already stated that shareholders of records were only 407 billion. So all restricted, UC shares, JV shares, and USCA shares must be part of the shareholders of record. Also the cert holders and shares given to family. You can't claim UC doesn't know how many shares he owns or has given away, all those shares are of record. He can't vote shares not of record. So float is greater then 397 billion. We just don't know how much more. And with that float this is a worthless company.
That much dilution without informing investors is a scam and should be shut down.
-------------------- Invest with your brain not with your heart.
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quote:Originally posted by will: Pretty big jump in suckers in one day, 459. Makes one wonder how forthright and accurate that number really is. 27 billion more shares accounted for too, better than 10% of the total. Of course, I see the company announced support, so that will be the given reason. Only a little less than a half a trillion to go, 6 days. Old UC and family better be holding a lot of paper.
will, the shareholders group is being constantly monitored for any falsifications. Early in it's infancy, a shareholder was caught trying to pump the numbers. The FBI was called and the IP was traced to the perpetrator. The FBI has been monitoring the process ever since. A shareholder friend of mine who was looking into the background of the group before joining, received a call from the FBI inquiring into his interests in the group. They are serious as a heart attack in monitoring the share count of the group, as they know that they may, and probably will be challenged on the count.
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I am announcing to you all I signed up my 928,548,440 million CMKX shares today. This sign up was done by singing up at the http://www.cmkxownersgroup.com/ . I was't real upbeat on joining the Frizzell support group but I felt my share count might help out.
Why!
If a naked short can be proven by shareholders totaling our votes I feel it's my duty to help.
It's always been known via press releases Urban was going to retire shares of CMKX and file financials. Without a share count falling within the real OS it is impossible for CMKX to file.
This could happen.
CMKX could go to court next Tuesday with a filing complete except the true share count…WHY?
1. What if UC was to retire all shares except apx. 50 billion right before court. 2. Frizzell's cmkxownersgroup has reported 300 billion in street name plus and additional 20 billion plus certs held
If 300 billion shares are actually reported with street names and brokerage names where these shares are held, then add in 30 billion certs held by shareholders something is smelly with this picture. I think we could be safe to say CMKX has a Naked Short problem so how could CMKX verifiably file accurate financials The answer is "They Can't verify accurate share count because of billions of counterfeit shares that are in the market.
When the judge hears this the only thing she could do would be to call the federal government/justice department (her responsibility) this forcing a federal call on all DTC/firms/individuals/hedge funds to cover NOW!!!! Now the market system would experience the largest Fed Call in history. This could be the mega shorty squeeze of all times.
I suggest to all *********** Readers to sign up now at the cmxkxownergroup web site. Here is the url http://www.cmkxownersgroup.com/ and yes I paid $25 for my part. Also you will see current share count which is growing quickly.
posted
KEVINW777 IS ONE OF THE LEADERS OF THE NS AND OG EFFORTS
Please Read - From Kevin777:
Hello everyone! I have been wanting to post, but somehow.. someone found a way to keep me from posting anything on any board in RB. It’s not my computer, as others can log into their name and post from here. People are sending virus’s and trying to find all kinds of ways to deter our efforts to fight the NSS, but we will not fail to continue our efforts.
I am happy to finally see this PR today that officially tells everyone what the company has really been telling us all along. They are behind the COG and they are going after the NSS and the SEC. You see, in the story of David and Goliath… David ran out to meet Goliath on the battle field, HEAD ON! In the story of CMKX (David) and SEC (Goliath) … David is running to the battle field to fight this battle HEAD ON!
A thing to note, it seems that Knight Securities is now a popular visitor to our website on a daily basis…. And many visitors from NJ have appeared. This is a war everyone, with lots of money at stake! More money can be lost by the enemy with this one stock, than any other out there, imo
Remember always… In God we Trust and United We Stand!
UBBFriend: Email this page to someone!
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The SEC will confirm that real soon.
