posted
That said ... here's a few questions to get cmkx OFF peoples mind for a moment.... 1. If a company is distributing a stock div to shareholders of record as of a set date, would that be by share amount held, or just a shareholder at that date. 2. Can a penny company merging with a new company declare its stock worthless, or can only bankruptcy do this. I know this is cmkx thread, but there's so much input here somebody may have time and experience with this... thanks again S5
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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I was trying to be a little kinder to the stock, and the poster, Upside. While the company has accepted revocation, it will simply move it's shareholders into another company on a higher exchange.
The question now is, how many shareholders of record are really out there, and how many are naked shorted.
Lots of answers yet to come. .........
legal, i have given you the benifit of the doubt on many of your posts but this crosses the line. you have to be either a guy that loves to argue thus takes the oppisite side no matter what or the oxygen has been cut off from your brain for an extended period. this is an 8K, not a company pr. there are no criptic messages, its black & white. why do you think they added the entourage protection against cmkx shareholders? you can find a large number of mining companies selling claims to other companies & none have that clause. UC said the o/s is 703.5 billion. the company is shutting down period. 1 of your Edwards buddies has moved to entourage. the sting idea has been flushed as we all except you knew it would. you have been told you were scammed by CMKX in legalize & yet you insist on believing. having faith & keeping positive is a good thing but keeping that when told & proven to be a waste of trust is being utterly stupid. not ONE thing you have believed has proven to be true. the final story was told by the back door with a Sunday filing.
-------------------- "keep your stick on the ice & your cup firmly in place"
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quote:Originally posted by Upside: fulltilt, The company has requested revocation from the SEC. They will not be around much longer. You could invest your money right now and it could literally be gone within minutes. Stay away.
I was trying to be a little kinder to the stock, and the poster, Upside. While the company has accepted revocation, it will simply move it's shareholders into another company on a higher exchange. Why did they do that?
The question now is, how many shareholders of record are really out there, and how many are naked shorted.
Lots of answers yet to come.
Anyone who is considering buying this stock now needs a straightforward answer. As far as being "kinder" to the stock goes, why? It's pretty obvious what's happened here as it's always been. Anyone who invests now will be lucky to wind up with anything, including the Entourage shares. The company has failed on every single promise and pump it's put out, there's no reason for kindness. Yes, this was a scam from the get-go, the only good thing is that it's now over for the most part. Stockster, here's your link:
posted
Yep, as per your link Upside, seems to be UC is handing himself some more shares again. Actually, that would be fulltilts link, much obliged. S5
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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quote:Originally posted by legaleagle: Assume: CMKX 1 trillion or more NSS. . . .
legal Thanks. Interesting scenario.
I have a small position in CMKX and really haven't worried about it much. Right or wrong, I am going to let the cards fall where they may rather than dumping and running. Kind of like drawing to a double inside straight flush. Odds are pretty long but the reward could be significant.
-------------------- Everything I say is only my opinion ... right or wrong.
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posted
Someone, please explain why Ameritrade purchased one hundred and eighty billion shares of CMKX (as per SEC generated master shareholder list) directly from CMKX and bypassing the DTCC / CEDE. Was there a lack of trust situation there to bypass the established system? Why did Ameritrade feel the need to do this? Were they concerned about being caught in a terrible NSS situation?
You'd better believe they did. They risked a severe breach with the DTCC in order to cover themselves from civil or criminal prosecution, imo.
What do you suppose they had to pay for that backdoor deal? Doubt that they got it at market price. LOL
Ameritrade obviously recognized a serious problem with naked shorting, why can't the negs see that this is a serious problem since Ameritrade does?
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posted
I love how the cult turns words around yet the 8-K only said two things. We gave everything away for very little. And we don't have any money and must give up.
I not sure what one resigning and the other retiring has to do with CMKX getting anything in the future. It said it was being dissolved. Not sure how plain the cult needs to be kick in the head.
-------------------- Invest with your brain not with your heart.
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posted
legal, read the d*** 8K would you please. CMKX IS SHUTTING DOWN!!!!!!!! UC IS GOING BYE BYE. health reasons is stated, i guess big bubba using him as a girlfriend disagrees with his health. if cmkx issues every share entourage pays them to shareholders they have ZERO stake left in entourage. the same as with USCA. they supposedly gave every share to shareholders. if cmkx holds zero shares how does UC control anything? between now and then all entourage has to do is issue 40 million new shares and even the cult has zero voting control or issue 1 prefered share with 1 billion common share rights.
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
Well it's obvious no one can answer that question, because they know it is indicative of a massive short. And massive shorts have to be covered. AMTD was only one brokerage dealing in the NSing of this company. AMTD is just the only one who took action to cover their own *zzes.
With a severe NS somebody has to get the NS some serious shares of ETGMF, and quickly.
Wallace I think the money went to CIM. Now wait to see what they do with it.
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quote:Originally posted by bill1352: legal, read the d*** 8K would you please. CMKX IS SHUTTING DOWN!!!!!!!! UC IS GOING BYE BYE. health reasons is stated, i guess big bubba using him as a girlfriend disagrees with his health. if cmkx issues every share entourage pays them to shareholders they have ZERO stake left in entourage. the same as with USCA. they supposedly gave every share to shareholders. if cmkx holds zero shares how does UC control anything? between now and then all entourage has to do is issue 40 million new shares and even the cult has zero voting control or issue 1 prefered share with 1 billion common share rights.
bill, I have read it many times today, thanks.
But if it's ok with you I think I will hold. LOL
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posted
Since you couldn't answer the AMTD question, maybe you would like to try this one:
Bill Frizzell, the shareholders group attorney has joined the team in carrying out the distribution of ETGMF shares. Want to venture a guess why they would include the shareholders attorney in witnessing / supervising the screwing 9of the shareholders?
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quote:Originally posted by legaleagle: Since you couldn't answer the AMTD question, maybe you would like to try this one:
Bill Frizzell, the shareholders group attorney has joined the team in carrying out the distribution of ETGMF shares. Want to venture a guess why they would include the shareholders attorney in witnessing, supervising the screwing 9of the shareholders?
So that he gets his shares first?
-------------------- 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
right now if you buy 1 million shares of cmkx thats $200 plus trading costs. you would get 74 shares of entourage or $55 worth at its 52 week hi. that all depends on the fact that UC didn't sell any more of the a/s & none of the entourage shares gets used to pay of debts. i could careless about the 10 or 15 major pumpers of cmkx. i hope they had $50K into cmkx. its the ppl that had no business in penny stocks in the first place that bought a few hundred dollars worth whenever they could over the last 2 yrs all because the scumbag pumpers had then believing they could get something better for their families.
legal if you keep yappin about a hope ppl might get even somehow with some dreamed up idea cmkx is a trillion or more short then you deserve what you will get.
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
how about they let frizzy in with the hope it stops lawsuits???? how about ameritrade buying of shares was changing common shares to certs at the request of clients??? ameritrade is 1 of the biggest online brokers going. if you are correct the fact they only bought under 2 billion shares is not good for a 1 trillion short idea. thats not counting all the shares sold back into the market by ppl that saw the handwriting on the wall in the last few months.
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
If and a big if cmkx has some nss then the shorts will only short etgmf. Thats what they always have done and no one is the wiser. These people are good and they know the loopholes and is why they love a R/S because they now have less to cover and they know it.
And this may not be a R/S but is working out the same as one. But we all know it was impossible for a large o/s because the volume wasn't there even with under reporting to tape. They the company dumped 500 billion shares in 7 months. That is an average of 3 billion shares a day by itself, period.
Fairytopia is coming into the real worth soon. With CMKX gone the koolaid withdrawals will be bad but hopefully for some it will be short.
-------------------- Invest with your brain not with your heart.
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posted
not at pb57...they think this is a good thing...lol. how many times have they said this guy or that wouldn't join if it was a scam. i guess the only ppl involved with cmkx to make money are shareholders. everyone else is in it for the honor.
i have been jumping around all the boards today and man i have seen so many negative posts, i have not seen this much negativity in a long time. maybe i am a blind idiot but i still feel very good about this. two things-frizzle joining the team, why would he join something that is a scam? he was hired to protect shareholders, i don't think he would turn on the shareholders-that would be a huge conflict of intrest. second thing is don't panic until we hear what the share structure is, that's what i am waiting for. like i said maybe i am just an idiot who knows, hopefully frizzle's update tonight will have some good news in it
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
Not sure what goes through legals head. The 8-K made it clear that CMKX was going to be gone.
From 8-K
Mr. Urban Casavant will remain as the sole officer and director of CMKM until the affairs of CMKM are wound up. As a result of health concerns, Mr. Casavant intends to resign as the sole officer and director effective immediately upon a determination that all shares and other assets of CMKM have been properly disbursed to its stockholders.
-------------------- Invest with your brain not with your heart.
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quote:Originally posted by bill1352: how about they let frizzy in with the hope it stops lawsuits???? how about ameritrade buying of shares was changing common shares to certs at the request of clients??? ameritrade is 1 of the biggest online brokers going. if you are correct the fact they only bought under 2 billion shares is not good for a 1 trillion short idea. thats not counting all the shares sold back into the market by ppl that saw the handwriting on the wall in the last few months.
So they would let Frizzell witness the screwing of shareholders that is being predicted here, to avoid lawsuits???
Ameritrade bought 180 billion and only surrendered about 30 billion. What is unique is that they went around the DTCC to accomplish it. Can you show another major broker that did this? AMTD didn't trust the DTCC so they went around them to cover their position.
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quote:Originally posted by Wallace#1: "As a result of health concerns, Mr. Casavant intends to resign as the sole officer and director.... --------------- I wonder how many death threats he has been getting.
Wallace if you did your DD, you would find that Wesley Casavant, his son, holds a major position in ETGMF, and has since Jan 05. What would you think that is all about if not leaving the Casavant Family in control. Many other interesting names on this form. And this maneuver has been planned since well before the DTCC action was initiated.
Since you seem to have trouble with this DD thing, and since I am feeling charitable towards the misguided today, let me help.
posted
A smart investor in this that wanted to hold would sell CMKX tomorrow and buy Entourage. You would get 3 times as many shares that way. But then again a smart investor would have sold CMKX and moved on.
-------------------- Invest with your brain not with your heart.
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