Joined: May 2005 Posts: 549 "Dematerialization" to begin soon « Thread Started on Today at 1:27pm »
-------------------------------------------------------------------------------- Want to see how the sec/dtc plan on handling future naked short issues? Just do away with the entire cert program to begin with. Shut down all future naked shorting by grandfathering in past abuses (already accomplished through SHO) but making future abuses not likely (probably to be arranged in the near future). In the mean time, the current naked shorts can exist in a paperless system for eternity until the companies either go bankrupt or get revoked. The SEC can suddenly "get tough" on pink sheets and eventually drive pink sheets off the horizon completely along with all the naked shorts they carry. Of course the DTC knows a few may slip through the cracks. That's why they capped their liability through the NSCC.
But get ready for "dematerialization" justified as "cost savings to investors". LOL Don't believe me? Take a looksie yourself:
posted
in reality that doesn't effect NSS or it wouldn't IF they instituted a real cover system. there has to be somthing in place that hinders manipulation of a pps from both sides. right now manipulation is easy for mm's but a bit harder for investors. pump & dump schemes still work & mm's can almost sell as many shares as they want of a company. having paper certs doesn't not reall effect either manipulation problems. according to the cult cmkx is proof. the cmkx cult has been ordering paper certs for over a yr yet they still believe it was NS'ed by a trillion or so. the outcome might have been differant had cmkx or UC not issued 703 billion into the o/s.
-------------------- "keep your stick on the ice & your cup firmly in place"
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ED...ED .. I'll buy 10 million, but I can only do .95 .. ! Is it a deal? If you can wait till 6-27, I can do more... cause my KMART stock from 2001 will defiantly sell then I'll hae tons for CMKX ..........GO CMKX
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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posted
well since legal is missing i guess i'll post this...lol as i'm sure most know you have to read whats not there to get the whole story or in other words according to the cult just because it says 1 thing doesn't mean you can't believe & post it means something else..........
FRIZZELL LAW FIRM 305 S. Broadway, Suite 302 Tyler, Texas 75702 (903)595-1921 E-Mail jmartin@cmkxownersgroup.com
Dear Owners Group Members, June 27, 2005
Hello to all. It has been an interesting day hearing about all of the rumors. You can rest assured that I am not engaged in any discussions involving tender offers to shareholders of any set amount. I know of no pending dividends from the company. If such negotiations are ongoing, the parties have decided not to involve me.
I am working on the followup exhibit that I referenced in our brief. This will be filed shortly.
I have received questions from many shareholders demanding to know why the Judge has not acted on our evidence. Please understand that our proof of a naked short is compelling but there is significant resistance to our evidence. The SEC has taken a position that there is no naked short position in this company. Judge Murray is not required to evaluate our evidence to see if there is cause to demand any investigation. Her job is to decide what to do with CMKM, if we do not file our financials. It is my job as your attorney to make the most of this naked short evidence. Our work is still ongoing in this area even though we are confident in the numbers we have. I have every intention of presenting this information to appropriate law enforcement officials at the right time.
A meeting has been agreed to with an official on the Senate Banking Committee staff for this coming Friday (7-1-05) in Washington, D.C. I look forward to presenting our evidence on Friday.
Several of the members have asked for some clarification on the Phase 2 agreement which is now available at www.cmkxownersgroup.com I will try to clear up any questions in a short update tomorrow. Onward,
Bill
-------------------- "keep your stick on the ice & your cup firmly in place"
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"Her job is to decide what to do with CMKM, if we do not file our financials." --------------------
He's still making his venue clear. Note the "we" and the "our". If he were really representing shareholders, his approach would be a hell of a lot less one-sided toward CMKX and would demonstrate more objectivity.
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IF cmkx files & doesn't get revoked maybe they won't r/s, maybe they will do as this company did this morning....consolidate its shares...lmao. ya gotta love these pennies
CALGARY, ALBERTA, Jun 28, 2005 (CCNMatthews via COMTEX) -- Braz Diamond Mining, Inc., (PINK SHEETS:BZDM) ("Braz") announced today that the issued stock has been consolidated at a ratio of 1 for 20. The Consolidation will be effective as of June 28, 2005.
-------------------- "keep your stick on the ice & your cup firmly in place"
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Re CMKX, I fail to understand how they are going to fight NSS after being revoked. Is it just me, or does it make more sense to file and remain a viable company, and THEN fight NSS, if it exists?
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
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CMKX doesn't care about NSS, only OG does. CMKX ran with the filing issue last year to sell more shares. People ask why would he spend so much money if it wasn't true. I say how much money did he make by running with the ploy. Well then, why did he spend so much if it was only a scam. Hush money, why else would they stick around if UC wasn't giving them anything. Then why not just let the SEC revoke them then? Why fight it? So UC can blame someone else and stay out of prison, and it's working so far. If the OG would find out the truth instead of being afraid to find out anything then UC would be in the crapper. But guess what, it will not matter once revoked. The OG can stir the bees nest all they want but they will never get anywhere. This was a scam so no one will really care about it in the end. It is ashame for the shareholders, but these hedge funds know what they are doing. Scam the scam so no one will care. Might be able to sue UC but he has spent most of it at the track and the slots so the lawyer will be the only one to make anything. But I sure hope the OG does it anyway just for just desert.
-------------------- Invest with your brain not with your heart.
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quote:Originally posted by bill1352: well since legal is missing i guess i'll post this...lol as i'm sure most know you have to read whats not there to get the whole story or in other words according to the cult just because it says 1 thing doesn't mean you can't believe & post it means something else..........
FRIZZELL LAW FIRM 305 S. Broadway, Suite 302 Tyler, Texas 75702 (903)595-1921 E-Mail jmartin@cmkxownersgroup.com
Dear Owners Group Members, June 27, 2005
Hello to all. It has been an interesting day hearing about all of the rumors. You can rest assured that I am not engaged in any discussions involving tender offers to shareholders of any set amount. I know of no pending dividends from the company. If such negotiations are ongoing, the parties have decided not to involve me.
I am working on the followup exhibit that I referenced in our brief. This will be filed shortly.
I have received questions from many shareholders demanding to know why the Judge has not acted on our evidence. Please understand that our proof of a naked short is compelling but there is significant resistance to our evidence. The SEC has taken a position that there is no naked short position in this company. Judge Murray is not required to evaluate our evidence to see if there is cause to demand any investigation. Her job is to decide what to do with CMKM, if we do not file our financials. It is my job as your attorney to make the most of this naked short evidence. Our work is still ongoing in this area even though we are confident in the numbers we have. I have every intention of presenting this information to appropriate law enforcement officials at the right time.
A meeting has been agreed to with an official on the Senate Banking Committee staff for this coming Friday (7-1-05) in Washington, D.C. I look forward to presenting our evidence on Friday.
Several of the members have asked for some clarification on the Phase 2 agreement which is now available at www.cmkxownersgroup.com I will try to clear up any questions in a short update tomorrow. Onward,
Bill
Is it just me, or does this sound like a straw man defense? I mean, if the judge doesn't even have to look at the main item being used in defense, doesn't that sound kind of weak for a defense? And if the judge is only interested in the filing of the financials, wouldn't THAT be the thing to be doing in all haste?
Besides, the attorney gets paid regardless of the outcome, right?
-------------------- May your trading build your character as well as your portfolio.
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posted
Well, the judge can't use it anyway. She would break the law. She did not allow NSS in court. The SEC had a witness ready if she did but she didn't. And since there is no way to cross examine the evidence by the SEC then its illegal for her to consider it after the hearing. Only evidence that can be presented after the hearing must be related to something that was in the hearing period. She also made that clear at the hearing. So it makes me wonder about Frizzle. He knows he can't do this so why try it. Phase II and $25.00 more dollars.
-------------------- Invest with your brain not with your heart.
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posted
the judge looking at the NS issue & doing something about it is like every other theory the cult has come up with. they want it to be so it is. just like the proof of value of the claims. they must have the mother lode of diamond finds because debeers is on 1 side & shore gold hit on the other. the guy that lives next to me on 1 side & the lady on the other side both hit the lotto for $75 million so that must mean i have the winning ticket for the $150 million prize, i just haven't claimed it yet.
-------------------- "keep your stick on the ice & your cup firmly in place"
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quote:Originally posted by legaleagle: He says "we" and "our" because he is a shareholder as well.
Keep being delusional, legal. We all know he does not represent the majority of public shareholders....only around 10% which is a small number compared to 90%. His CMKX leanings are very obvious every time he writes to the OG cult members.
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posted
Wallace: "His CMKX leanings are very obvious every time he writes to the OG cult members."
...and they wouldn't have it any other way. You read the premise of legal's, that you had to assume UC was an honest and good man to have a positive outlook to interrupt the going ons as positive. If he dared to point fault in UC direction they would cut his water off ($25 fee). He realized early on that they idolize this guy, so he takes advantage of that emotion and speaks collectively, CMKX = OG. Why would he jeapordize being impartial and fairly representing this group when they would turn on him. When he sees the well is about dry he might do it then, but until then it would only make problems for him now. He'll wait until the OG gets good and pissed and then he'll get another fee to represent that emotion. Pretty slick guy.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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wallace again i need to correct you. i'll have to include DW (howdy dw) in this...the problem with cmkx is not enough holes, true they may have a few extra holes in a few heads but not enough or not big enough holes in the ground...lol
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
isnt tomorrow the last day cmkx ppl can file any briefs or paperwork with the judge? i think the OG will file something late not sure why, this is about cmkx filing as we all know. i'm sure a few of the cult are sweating it, i mean waiting till the last few days to buy all they can before it is revoked. sort of like 17 days till x-mas for a few of them. the scary part of all this is 1 of these morons could go postal at the SEC or DTC. (most would not concider it) there are a few in the cult not far from that edge now. wait till it gets revoked.
-------------------- "keep your stick on the ice & your cup firmly in place"
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dang legal, your getting slow here. i'm getting tired of doing your job. frizzy update.
-------------------------------------------------------------------------------- FRIZZELL LAW FIRM 305 S. Broadway, Suite 302 Tyler, Texas 75702 (903)595-1921 E-Mail jmartin@cmkxownersgroup.com
Dear Group Members, June 28, 2005
Greetings group members. I have presented a Motion to Judge Murray requesting her permission to allow us to file our evidence which proves significant naked shorting of our stock. It has been posted on our group website www.cmkxownersgroup.com . You should remember that we were not allowed to participate in this hearing as a party to this proceeding. We were granted limited participation and we were not allowed to present witnesses at the hearing.
The rules require Judge Murray’s permission before such evidence will be admitted in this proceeding. Judge Murray has been exceedingly fair to the shareholders throughout the proceeding. Her rulings have been based on sound legal precedence. This Motion will draw opposition from the SEC. They will say it is untimely, irrelevant and probably a host of other things. This should be expected because the SEC does not want evidence of naked shorting to be a part of this hearing. That is the SEC attorney’s job to object to such evidence. They are advocates for their cause just as I am an advocate of yours.
Judge Murray will ultimately rule on this request. If she grants it, we are prepared to file the CD containing copies of all of our summaries and all other accompanying exhibits. You can see that I have requested confidential treatment of our evidence. The Court will likewise make a ruling on that request if she allows us to offer our evidence.
I would imagine the Judge is more concerned with the proper action to take if there is no attempt by the company to produce the late filings. We will wait for her response. She could rule at any time. She could wait until her final decision and deny our request. It is simply up to her.
I am working on a short presentation similar to the attachments to this motion which we can present to anyone that has interest in our claims of naked shorting. If things go well in Washington DC on Friday I will be presenting similar materials to some people that can make things happen if they are convinced of our evidence.
Best regards,
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
Has anyone noticed the following re Phase 1 and Phase 2:
Phase 1 statement by Frizzy:
The cost to join the CMKX Owners Group is a one-time fee of $25.00. The $25.00 supports the legal cost for the Group to be represented by Mr. Frizzell.
NOTE: "The cost...is a one-time fee of $25.00." Sure, Frizzy, sure!
Phase 2 statement by Frizzy:
Previous work on behalf of John Martin and the CMKX Owners Group has caused the need for additional work and potentially future litigation.
2.01 In consideration of services rendered and to be rendered by the Attorney, the Client hereby agrees to contribute a minimum of $25.00.
NOTE: So much for a "one-time fee"!!
Work to be performed under this agreement may include, but is not limited to, an investigation into naked shorting of CMKX stock, professional negligence of any third party which might be responsible for losses to CMKX shareholders, and any related investigations which are necessary to protect the rights of the shareholders.
NOTE: This litigation could go anywhere.
You probably know that filing a lawsuit is often an ordeal that involves significant expense and time.
NOTE: The set up!
If additional funds are required should we decide to file suit, you will be so advised.
NOTE: The anticipated request for more $$$$s! Phase 3,4,5,etc.
John Martin has agreed to pay all attorney fees and costs of this proceeding that are not covered by the contribution of additional shareholders.
NOTE: So why bother paying more? Let Martin pay the Pied Piper. If this goes to class action, it will be Frizzy and possibly Martin who will benefit the most, not other OG members or other shareholders.
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posted
If I am not mistaken, she has already ruled that NSS will NOT be allowed as a defense for not filing. To me, that means NSS is entirely irrelevant to this proceeding.
Ergo, she will rule NO. Again.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
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