posted
It's over, guys. There is nothing left to fight over. We've been royally screwed, even the other boards are acknowledging it now. Probably the only person in the world on UC's side now is legaleagle. This too shall end.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
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Did you check CT, I bet they're still fasting, praying, and even having a little holy roller celebration because the future looks so bright for CMKX. They'll tell you that it is a good thing the usual suspects weren't carted off to jail immediately, means the Judge is sympatheitc to CMKX and everything will be ok, we'll all be rich!
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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posted
ed, they're probably whooping it up telling each other today's meeting, that Judge called, between CMKX and the SEC is the Billion Dollar settlement. Not buyout, CitiGroup was the buyout, this is "THE SETTLEMENT"
LOL !!!
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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posted
It's pathetic, the wild claims, theories and inuendo these people used to influence others into there web of deceit and misery now. I just can't figure out why they did it? Did they not know their wild pumping and fantasies would influence others to buy. What did they gain from it? .0001, and never was going to move. Why did you do it noah, debbie?
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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quote:Originally posted by will: It's pathetic, the wild claims, theories and inuendo these people used to influence others into there web of deceit and misery now. I just can't figure out why they did it? Did they not know their wild pumping and fantasies would influence others to buy. What did they gain from it? .0001, and never was going to move. Why did you do it noah, debbie?
Will -
In my opinion - ( and no I am not Debbie or Noah ) For the same reason that you have your position - beliefs and interpretation of what could be, could have been and what if.....
Yes - I am a fence sitter. Optimistic but a realistic position
-------------------- "Things that make you go hmmmmmm......"
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posted
There were and are many more facts to support a con position then there were to support a pro position.
Just the lack of information forthright and forthcoming from the company would lead any sane thinking person to be cautios, but these folks pumped it by wild interpretation and claims of a bright future that were dashed time after time, for a year plus.
You think they did it because they believed in this company and interpreted things differently? Just the hope of being right and maybe winning the lottery? Did no one realize they were taking unsuspecting people with them? Is there no responsibility on their part for influencing others?
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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posted
True glass, but..... OK I'll get off of it. Someone needs to be held accountable and seeing that I cannot excercise any defacto power and make anyone accountable, I'll shut up, knowing that there stubborness is rewarded with their losses.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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posted
I agree. However, I will wager they do not see themselves as being down. They will be back with more bluesky and eyewash. Wanna bet?
quote:Originally posted by glassman: we all tried to post the facts as we saw 'em, i'm not defending them, but ther just isn't any point in kicking them when they are down...
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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quote:Originally posted by will: ......You think they did it because they believed in this company and interpreted things differently? Just the hope of being right and maybe winning the lottery? Did no one realize they were taking unsuspecting people with them? Is there no responsibility on their part for influencing others?
1. That could be it exactly. 2. Quite often Lottery = pinks / grey. 3. Everyone is responsible for their own investments. No one holds them over the buy button forcing them to buy. There is the technical portion ( charts ) for stocks, gut instinct, DD, insider info, hopes and prayers, as well as Chits and giggles etc....its each ones responsiblility to chose their course of action.
In reality - and this is a fact - there is always the potential ( regardless of how much or how little ) that this could turn around. Until CMKX is pulled from the exchange indefintely, no one can say for 100 % else wise either way.
Cheers
-------------------- "Things that make you go hmmmmmm......"
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quote:Originally posted by will: I agree. However, I will wager they do not see themselves as being down. They will be back with more bluesky and eyewash. Wanna bet?
quote:Originally posted by glassman: we all tried to post the facts as we saw 'em, i'm not defending them, but ther just isn't any point in kicking them when they are down...
yes i bet you are correct, and when they do hit 'em with facts... sounds to me like some criminal charges may be filed..the fifth isn't there to protect the innocent IMO....
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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quote:Originally posted by Wallace#1: legal wrote: "EVIDENCE OF A NAKED SHORT AND ALTERATION OF CUSIP NUMBERS, PRESENTED TO THE JUDGE TODAY, BY LAE, MUST BE TURNED OVER TO THE FBI WITHIN 24 HOURS"
Come on, legal, tell us more. Says who and based upon what? I would say that fraud is also something that should be turned over to the FBI too. What about UC and cohorts and the obvious questions of fraud? There seem to be a few sordid pasts, huh?
Then, there's the question of the IRS. Were no reports filed with the IRS? Did Casavant file honestly with the IRS on his own personal taxes? With no record keeping, how? No W-2s? Nothing? Can he account for the money he has personally spent on Jade, home, race car-truck-cycle, trips, etc.?
It appears that Urban Casavant has pushed things way beyond control and he will certainly be in trouble beyond just that with the SEC.
SEC regs: 17F-1: Counterfeit Securities. Every reporting institution shall report the discovery of any counterfeit securities certificate to the Commission or its designee, to a registered transfer agent for the issue, and to the Federal Bureau of Investigation within one business day of such discovery.
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quote:Originally posted by will: "Until CMKX is pulled from the exchange indefintely, no one can say for 100 % else wise either way."
If you REALLY believe that then I encourage you to buy more.
Will you be buying more CMKX?
Will, As mentioned a few times and Wallace I am sure will concur. I have stated that I am optimistic, but hold a realistic position. Realistic defined as seeing what takes place, understanding the negative ramifications of comapny officers actions and seeing both sides good and bad The fact Will still remains the same. Until they are pulled from the exchange - and this is a fact - you can only gather all facts good and bad - and I agree, there are a lot of bad ones right now - you can not say that it is over. When and if they are pulled from the exchange, ok - so be it, that is life and that is the pinks. Pick-up and move on. However, until they are pulled, they are in my portfolio and will remain there until it is TRULY over.
CHEERS
-------------------- "Things that make you go hmmmmmm......"
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posted
Here's another bit I found most interesting:
"Final SEC Witness: Urban Casavant; CEO, CMKM/CMKX
Urban took the stand, and asserted his 5th amendment rights under the US Constitution for all questions asked of him on the stand. The judge took the time to explain the ramifications; in a criminal court, a jury is instructed NOT to infer anything negative when a defendent invokes his right to non-self incrimination. But in a civil matter (like this hearing), an "adverse inference" may be drawn on the company by a refusal of a CEO to testify. UC's demeanor was calm, reserved during questioning. All questions answered the same: "5th Amendment". The SEC still questioned him on several detailed points, to which the same answer was given. "
NOTE: The Judge told Uuban Casavant, in no uncertain terms, that his refusal to testify would create an "adverse inference" since there was no jury.....only herself as Judge and Jury.
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quote:Originally posted by Wallace#1: Originally posted by legaleagle: THE SEC REQUESTED A MEETING WITH CMKX AT 10:00 AM TOMORROW MORNING. ---------------------------- Another thought is that the Judge might have to warn them of other potential legal proceedings in view of certain information that has come to light. Therefore, maybe she is going to tell them not to discuss certain things on the record. Or if they do, she will have to do something about additional charges.
Such a meeting does sound strange though. Just CMKX (meaning UC and maybe Maheu)? Wouldn't anyone from the SEC be there or object to such a private meeting? To meet with just the CMKX people seems very much out of the ordinary.
THE JUDGE DIDN'T ORDER THE MEETING. SEC REQUESTED IT OF CMKX. URBAN WAS PREPARING TO GO BACK TO VEGAS AND HAD TO STAY OVER TO ATTEND. THE JUDGE WON'T EVEN BE THERE.
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quote:Originally posted by Wallace#1: Originally posted by legaleagle: THE SEC REQUESTED A MEETING WITH CMKX AT 10:00 AM TOMORROW MORNING. ---------------------------- Another thought is that the Judge might have to warn them of other potential legal proceedings in view of certain information that has come to light. Therefore, maybe she is going to tell them not to discuss certain things on the record. Or if they do, she will have to do something about additional charges.
Such a meeting does sound strange though. Just CMKX (meaning UC and maybe Maheu)? Wouldn't anyone from the SEC be there or object to such a private meeting? To meet with just the CMKX people seems very much out of the ordinary.
posted
personlly i hold the sterling types responsable. our pal legel & those in his class got suckered by ppl paid in shares to run the pump. they preyed on human nature, the desire for better & the need of hope. i would not be suprised if the judge saw that in court yesterday & its behind the meeting she called for today. i'm sure she got a large number of letters & emails, ppl calling her office. she knows how the OG got started. i bet she is telling UC & crew the game is over. the stuff legel posted this morning is the damning evidence to which i will give him credit for even posting. when the SEC's best witnesses are called by the cmkx lawyers you know your in trouble. & she would be doing it to save the cult more then anything, not the lottery ticket buyers of which 90% or better make up the total shareholder count. at some point reality has to set in, it will take a while for some & never will for others but if the judge can close it down now it will start the proccess. if UC gets criminal charges then green baron, zen, sterling, dr. d & a few others should be right next to him.
-------------------- "keep your stick on the ice & your cup firmly in place"
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quote:Originally posted by will: ...Will you be buying more CMKX?
To answer the question directly.
No. This is the realism portion of my fence sitting. I have 5 million that I bought a year ago, and still have them. I did not submit them to the attorneys or anything of that nature.
-------------------- "Things that make you go hmmmmmm......"
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Member Rated: posted May 11, 2005 10:00 -------------------------------------------------------------------------------- As of Dec 2004, 2 trillion shares were issued, and 1.4 trillion shares surrendered, leaving an O/S of approx. 778 billion shares. ========================================
& there is your NS, wiped out before it started. my question is HOW THE "F" DO YOU ISSUE 2 TRILLION SHARES??!!!!
BILL, DO YOU REALLY TAKE TIME TO LOOK AND UNDERSTAND BEFORE YOU ATTACK?
WHEN YOU BUY ELECTRONIC SHARES, CERTS ARE ISSUED TO CEDE & CO AND ARE HELD UNTIL YOU SELL THEM. WHEN YOU DO, THE "CERT" IS CANCELLED. IF SOMEONE BUYS YOUR SHARES, A NEW "CERT" IS ISSUED TO THE NEW OWNER.
IT WASN'T 2 TRILLION SHARES ISSUED, IT WAS REPETITIVE ISSUANCE OF THE SAME SHARES OVER AND OVER AS THEY WERE BOUGHT AND SOLD.
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posted
Since the SEC called the meeting with CMKX, there will probably be nobody there to report what is said or done. Again, we are in the dark until July 15. IMO, the judge already has a good idea what her decision will be, based on the warning she gave UC about the 5th. Lack of defense and testimony by the one person who SHOULD know the answers equals revoked. I expect Green Baron to issue a statement later today calling CMKX the play of a lifetime. The JVs will go about their merry business, those of them that are on the up-and-up. CMKX shareholders will fade away over the next year, as I expect UC will never be allowed to list another company on any exchange. IMO, everyone is getting what they deserve except the poor people who were sucked into this fiasco by the pumpers, and extreme statements made by Melvin and Andy.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
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posted
legal, I corrected my statement that you posted early this morning. As I stated, "My mistake." Just go back a bit and you should be able to find it.
You posted:
"SEC regs: 17F-1: Counterfeit Securities. Every reporting institution shall report the discovery of any counterfeit securities certificate to the Commission or its designee, to a registered transfer agent for the issue, and to the Federal Bureau of Investigation within one business day of such discovery."
legal, the above suggests that someone counterfeited securities. Shorting was/is legally permitted. There is NO proof of counterfeits that I have seen demonstrated.
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quote:Originally posted by bill1352: the judge called today meeting thus the only thing going to the fbi is UC's records...lol. i bet by tonight its over
Get the cuffs on him and lets get it over with
-------------------- 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
well maybe your correct on the 2 trillion thing legel. i cant imagine issuing 2 trillion shares but then 703 billion is well past reasonable so..lol i thought i read the judge called the meeting but cant find it. i also cant find anything saying the SEC called the meeting. and as for cusp numbers frizzy said thats what he was looking for, he never said he found any unless it on his interview which i never listened to.
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
Again, wild claims of counterfeit securities certificates. Where is the proof? Just another fabrication and/or twisting of statement to support their fantasy.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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