quote:Originally posted by Wallace#1: ...shareholders' , probably full of a bunch of pumpers....paid or just plain stupid.
Did they all pay $25 to join?
Also, note the "In God We Trust" at the bottom. Trust him to say "NO" as far as CMKX is concerned.
Wallace - I have to take offence to this one. I thought personal attacks were just discussed. Are you that insinuating if you hold hope in this lottery ticket "you are stupid" if you are not a paid pumper....
Please advise
-------------------- "Things that make you go hmmmmmm......"
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legel your only hope to prove a n/s is based on a guess that UC & family have been buying shares. this guess goes against logic & stated in prs & the last 8-k. 1 of the defences is that UC has the cash to pay for getting all the books in order. the same books he has said he has not keep records to get in order by the way. in august roger said uc gave up the last of his shares. now maybe the family still had some & probably did. yet with no income flowing into the cmkx accounts where is the cash for the accountants & lawyers coming from? the new home? paying mahoo. remember mahoo did not take share #1. if owning cmkx shares was a good thing you would have to believe mahoo would own some. your reasoned opinions are based on unreasonable guesses.
-------------------- "keep your stick on the ice & your cup firmly in place"
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100 million shares a piece on avg. Wow no wonder they are so scared. I am sorry but anyone that puts 10,000 dollars on a stock that doesn't report, gagged the TA, and now under SEC investigation is crazy.
-------------------- Invest with your brain not with your heart.
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A few weeks ago a Form 3 was filed for Maheu showing no shares. Yet Urban continues to hold up on his Form 3. Why? Simple form to fill out and submit. Why hold this one back unless it is a "key" form?
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Yeah, because it will show the float is massive like the ridiculous o/s.
Hes in trouble for hiding information when he suppose to be reporting. So if its good news then why hide it. It makes more sense its bad news when you are faced with possible revoked registration to tell the truth not hide from it. It must be real bad to continue to hide.
-------------------- Invest with your brain not with your heart.
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quote:A few weeks ago a Form 3 was filed for Maheu showing no shares. Yet Urban continues to hold up on his Form 3. Why? Simple form to fill out and submit. Why hold this one back unless it is a "key" form?
Because it would prove that his holdings are insignificant. That one form would dispel all of the rumors and theories that are keeping this thing alive and would prove that it was a scam all along.
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anyone that owns 5% of any stock insider or not is supposed to report. insiders are to report what they buy, sell or own period. family would be considered insiders. close friends are insiders. all these ppl know what they own. filing would not be hard. now that it's in front of a court the time to file is now. if UC really had been buying up shares he would have filed. if family had over 5% they would have filed. you dont wait till after the court hearing to file unless it proves your wrong.
-------------------- "keep your stick on the ice & your cup firmly in place"
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quote:Originally posted by bill1352: anyone that owns 5% of any stock insider or not is supposed to report. insiders are to report what they buy, sell or own period. family would be considered insiders. close friends are insiders. all these ppl know what they own. filing would not be hard. now that it's in front of a court the time to file is now. if UC really had been buying up shares he would have filed. if family had over 5% they would have filed. you dont wait till after the court hearing to file unless it proves your wrong.
quote:Originally posted by Upside: Originally posted by legaleagle:
quote:A few weeks ago a Form 3 was filed for Maheu showing no shares. Yet Urban continues to hold up on his Form 3. Why? Simple form to fill out and submit. Why hold this one back unless it is a "key" form?
Because it would prove that his holdings are insignificant. That one form would dispel all of the rumors and theories that are keeping this thing alive and would prove that it was a scam all along.
Hey Up, did you get a peek at it before the rest of us? LOL
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legel..i finally agree with you on something...lol the courts will make the float know soon. unfortunately it will take the court to get that info. any honest company, with all the rumors & theorys out there like cmkx would let that be known. even more so if the company really thought there was a n/s problem
-------------------- "keep your stick on the ice & your cup firmly in place"
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to prove a point here is a real 10K from a company i know because of my bro-in-law. the filing is quite long but about 4/5ths of the way through you see a list of large shareholders. in that list you see the name thomas heidemann, my bro-in-law. he does not work for ZAPZ, they work for him but he owns 5% of common shares & 100% of a prefered share thus he is on that list. by the way ZAPZ is on & off the SHO list. they do have a n/s problem.
You asked: "Wallace - I have to take offence to this one. I thought personal attacks were just discussed. Are you that insinuating if you hold hope in this lottery ticket "you are stupid" if you are not a paid pumper...." *****************************
The personal attacks were begun by others back when and currently by legal. Stupid? Yes, it was and is stupid to continue buying CMKX stock. Stupid? Yes and NO to buy it in the hope of it's being a lottery ticket. La la land is a dream world and lottery tickets are part of that dream world. To put as much faith (lottery or la la land dreams) in this particular stock as legal and the other faithfuls have is, without question, stupid. Some of those fools have spent over $25,000 on this CMKX pig. Much worse, they have sucked new people into buying it as well.
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BY GOLLY; Legal found two people with open minds ! He did however, forget to tell you Urbans shares locked up till April 2006 and thus are not being dumped on market.
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Typically I value your comments and watch this thread quote often. I am an avide trader - I didnt work for the SEC of NYSE or anywhere else. For me this is a hobby.
However, I am still taken back by the fact that you feel you are justified to clasify peoples intellegence by labelling them as "stupid" based on a subject that many people percieve in different ways. I agree 25k - this is a substantial part o my portfolio, and I would have to be very comfortable investing in a pink with that kind of money.
I am sorry, even given your "experiences, opinions, personal DD etc", This is one area where I dont beleive that you have the experience or the right to call someone "stupid" based on what one believes - regardless of stock, or anyother issue.
Regards,
JEAL
-------------------- "Things that make you go hmmmmmm......"
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quote:Originally posted by TANGO42: BY GOLLY; Legal found two people with open minds ! He did however, forget to tell you Urbans shares locked up till April 2006 and thus are not being dumped on market.
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2 people?
-------------------- "Things that make you go hmmmmmm......"
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quote:Originally posted by Upside: Originally posted by TANGO42:
quote:He did however, forget to tell you Urbans shares locked up till April 2006 and thus are not being dumped on market.
Doesn't that share lock-up agreement only apply to 600 million shares or was it modified?
Ya beat me to it UP. We have no idea how many shares he has purchased back with the pps being at or below .0001.
If he put 779 billion out on the market, remembering that this has traded at a nickel before, and had a high last summer of .0012, then his income at an average of .0005, would have been 389.5 million dollars. He could have bought back 500 billion at .0001 for 50 million dollars and still had $339 million in reserve. Then when he pulls out the certs for 500 billion shares, and there is still many additonal billions of shares on the brokerage accounts, what do you think will happen to the pps? All IMO
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As per legal's post on pg. 8, 4/13 @ 23:37:
"Now at that point I had already done some minimal due diligence even before buying it the first ...and do a little more DD as questions arose." (edited to shorten wordiness)
So this was a pretty good board until summer, then a guy came in with stories of exploits on Wall Street. Won't name any names. LOL And everything he had to say was negative, all the time. His first comments to me were something about not letting something I had said "bite me in the ass". So we had a "pleasant" first meeting. From that point on, we continued to challenge each other. And to tell you the truth, I became quickly more educated about CMKX and it's JV, due mainly in part to the efforts of that guy. Not because of what he knew, that has been sorely lacking since he admitted he didn't know what a MM was, but rather to prove him wrong. So if I have become his nemesis, it's a thing of his own making. And truthfully, I have to thank him for forcing me to become more aggressive in my pursuit of DD. *************************************************
I will first comment about the "bite me in the ass" comment. To my recollection, that person you left unnamed (obviously me) never made such a statement. In fact, it is an expression I have never known myself to use.
Now about DD. Neither you nor anyone posting anywhere on the entire Allstocks forums does anything to compare to the DD people on the NYSE do. They do more in 3 months than you could begin to do in a entire year. Every one of those employees in just one division is responsible for about 300 or more NYSE companies or securities (including foreign country bonds or debentures). Dividing the total number of NYSE listed companies by 300 and that will tell you how many there are. They review and analyse every document put out by each NYSE listed entity including Balance Sheets, Income Statements, Public Releases, Dividends (Cash/Stock), Option Plans, Preferred Stock, Common Stock, Stockholder Reports, Company Board Resolutions, Opinions of Counsel, Independent Auditors Statements and much more. In addition, they are among those you see when new companies get listed on the NYSE and ringing the opening bell that day. They are the ones dealing with house counsel (Corp. Secretary-a lawyer), all company officers from the Chairman and President on down to the Secretary level, outside counsels (WS law firms), public shareholders (who either call or write) and even Congressmen and Senators. Unusual trading activity is also a part of their responsibilities and might require halting trading. Most have inside information at all times. They also review and analyze every listed company SEC filing (10K, 10Q, 8K, etc.). That does not include all the effort required involving a new (called an "original listing") or a delisting from the NYSE, which they handle as well. In addition, they resolve problems with dividend dates, conflicts of interest, voting arragnements and so on. It is those very people who do their utmost to protect shareholders' interests!!!
I am not talking about Dick Grasso, although he once did those very same things. I am talking about honest, dedicated people who know their stuff. Not someone who has been trading stock for just a couple of years or a year such as yourself, but someone who has made a career for himself/herself in that particular capacity.
And you have the balls to say or suggest someone does not or cannot do DD? Legal, you wouldn't even begin to qualify to be hired for such a position with your lack of DD abilities and your WS ignorance. The same is true of most of the posters on Allstocks, so do not feel personally attacked. There are a very few that I might have hired for those positions, but will not not name them.
So, how about cutting the crap about your DD abilities. The most obvious ability you have is to post others' thoughts....that is a FACT and that IS personal.
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Jumping off a tall building or bridge is also stupid. Many things people do in this world can be logically determined to be stupid and there is no question about it. Think. "I am not a crook." "I never had sex with that woman." My wife needed a $million(?- Tyco)birthday bash." It goes on and on.
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quote:The same is true of most of the posters on Allstocks, so do not feel personally attacked. There are a very few that I might have hired for those positions, but will not not name them.
Just guessing here but my hunch is that I wouldn't have cut the mustard.
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quote:Originally posted by Upside: Originally posted by Wallace #1:
quote:The same is true of most of the posters on Allstocks, so do not feel personally attacked. There are a very few that I might have hired for those positions, but will not not name them.
Just guessing here but my hunch is that I wouldn't have cut the mustard.
Maybe cut the cheese
-------------------- 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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No, no set up at all Wallace. I wouldn't do that. Just trying to deliver myself another crushing blow to the self esteem, that's all.
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SEC Enforcement Chief Stephen Cutler Will Resign, Person Says April 14 (Bloomberg) -- Stephen Cutler, who spearheaded the U.S. Securities and Exchange Commission's crackdown on the corporate fraud and trading scandals that rattled U.S. investors following the collapse of Enron Corp., is resigning as the agency's enforcement chief, a person familiar said.
Cutler, 43, will step down for personal reasons, after six years at the agency, the person said. SEC Chairman William Donaldson, Cutler's boss, will have to name a replacement.
Cutler and New York Attorney General Eliot Spitzer, sometimes sparring as rivals, together waged an unprecedented attack on business and Wall Street wrongdoing. In recent months, Cutler's aggressiveness also triggered criticism from corporate lobbying groups and within the agency itself over his enforcement unit's alleged over-zealousness.
The onetime civil rights lawyer leaves his 1,300-person unit pursuing some of its most high-profile cases. Among them are a suit against former Enron Chairman and Chief Executive Kenneth Lay, and investigations of alleged bribes by Halliburton Co., where Vice President **** Cheney served as chief executive.
Record Fines
Cutler also will be gone by the time the SEC resolves its accounting fraud probe of American International Group Inc. and ousted Chief Executive Maurice ``Hank'' Greenberg.
Cutler joined the SEC in January 1999 as deputy enforcement director and was promoted to director of the division by then- Chairman Harvey Pitt in October 2001. That month, Enron's off- balance-sheet financial machinations began to unravel into one of the biggest corporate scandals in U.S. history.
Under Cutler's leadership, both the severity of SEC penalties and the number of cases it has brought have set records. The agency levied a record $750 million fine against WorldCom Inc. for its 2003 accounting fraud. That compares with a $10 million fine against Xerox Corp. in 2002, at the time the highest ever imposed on a company by the SEC.
Cutler has faced hardening opposition from two of the five SEC commissioners, Republicans Paul Atkins and Cynthia Glassman, who have voted against imposing large fines in some cases.
`Sorely Misguided'
The escalation has provoked an internal dispute among the agency's commissioners over whether the fines harm shareholders, with Atkins and Glassman voting against a $300 million fine against Time Warner Inc. and $250 million penalty against Qwest Communications International Inc.
SEC Chairman Donaldson, a Republican, has sided with the two Democratic commissioners, Roel Campos and Harvey Goldschmid, in backing the fines. The dispute is taking place against the backdrop of a campaign by business groups, including the U.S. Chamber of Commerce, to get the SEC to ease up.
Cutler publicly defended his approach and chastised his critics in a speech at Duke University on March 18. ``One can't overlook the costs of the sort of corporate malfeasance we have seen in the last several years -- not just in market cap declines, eviscerated pensions and lost savings, but in diminished investor confidence and a loss of faith in the integrity of our markets,'' he said. ``The notion that we should turn back the clock and ease up on our enforcement efforts is sorely misguided.''
Pendulum's Swing
Chamber of Commerce President Thomas Donohue said this week the group is not backing down on its efforts to curb enforcement. ``The pendulum has now swung so far that due process has been put out the window,'' he said at a meeting of institutional investors in Washington.
Cutler and the SEC have been upstaged at times by Spitzer, who has chided the agency for its alleged failures to spot and act against wrongdoing. After Cutler and Spitzer collaborated to complete a $1.4 billion settlement in 2003 with Citigroup Inc. and nine other Wall Street investment banks over biased stock research, the two began to spar while pursuing parallel investigations of trading abuses in the mutual fund industry.
Spitzer, who is 45 and running for governor of New York, publicly lambasted the SEC during that probe for failing to detect the misconduct, which led to multimillion-dollar settlements with brokers and mutual funds including Alliance Capital Management Holding LP, the fourth-largest publicly traded fund company. Alliance agreed in December 2003 to pay $600 million to settle with Spitzer and the SEC over allegations of improper trading.
Cutler's next move is unclear. A 1985 graduate of Yale University law school, he worked on discrimination cases, including a class-action suit filed by oil-field workers who claimed they were denied promotions, before joining a law firm.
He spent 11 years as a securities lawyer in the Washington office of what is now Wilmer Cutler Pickering Hale & Door, a 1,000- attorney firm, and then signed on as deputy in 1999 to the SEC's then-head of enforcement, Richard Walker. Walker is now general counsel at Deutsche Bank AG.
To contact the reporters on this story: Otis Bilodeau in Washington at obilodeau@bloomberg.net Robert Schmidt in Washington at rschmidt5@bloomberg.net.
To contact the editor responsible for this story: Erik Schatzker at eschatzker@bloomberg.net. Last Updated: April 14, 2005 09:47 EDT
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Back and forth and back and forth meanwhile the only developments are that the pps is below .0001 and that the OS is around 700 BILLION and that nobody (not even Andy) knows where the corporate offices are. YET leagle still PUMPS this stock which is why I call him a gimp. Not because he's crippled but because he is a moron OR a hired pumper. I've never heard of a stock trading below .0001 before in my life especially one with a share count in the billions.
Leagle what do you expect to happen? 699 BIllions shares to show up being NSS`ed and you wake up with a PPS of 40.00 share? Are you kidding me? You wonder why you are THE GIMP of stock investing?
So either you are a paid pumper or a joker of society as none of your fuzzy logic works out. What I DO know is Urban can run around drag racing but he is to sick to see that CMKX is dilluting shares from 500 BILLION to 700 BILLION.
Just basic math shows he needs a diamond mine the state of NJ to to be able to move the PPS anywhere. Anyway quick and go back to pr0b0ards32/12/42/234 or whatever it is this week and copy paste some more kool-aid.
I for one have called this stock a SCAM since day 1, it's like a kid that says he got straight A's but will never show you his report card. If what you have is so spectacular you WILL show it off. Its when you lie and know you have nothing is when the lies,deceit,manipulation begins. Enter Urban.
posted
i guess only prs that the cult likes are real, the ones the cult doesn't like or go against their made-up dreams do not count. they do not thus include the pr in which their past savior, roger glenn, stated the UC would not get any of the divy's as he gave all of his shares to nevada minerals. these shares have since been bought back. the number was 40 billion if i remeber correct. the other 35 billion came from the o/s. all of these shares were not part of the announced o/s. the divy split minus 75 billion equals 703 billion. as for what UC & family has bought back you first need wake up, get out of dreamland. when the pps was out of sub penny land the o/s was known & was long before the nevada mineral deal. 279 billion showed up in the o/s after it hit last yrs hi. there is no proof only the cults hope that UC bought any of the o/s.
-------------------- "keep your stick on the ice & your cup firmly in place"
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Up, we may have had differences from time to time in the past, but you have also shown considerable wisdom in finally agreeing with me. LOL Please keep your self esteem....I am not about to deliver you such a blow. Ouch! Maybe I shouldn't have used that last word with you....Will just might spot it and begin an eloquent dialogue about it.
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Wallace there is no doubt that Wall Street engages in Due Dilligence that is quite unsurpassed. However, it's not about the DD that they perform, it's about how they use it once they have it.
And of course I wasn't speaking about the DD done on Wall Street, I was speaking of what is done on this board; or the lack of it. Are you claiming responsiblity for Wall Streets dilligence now?
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