quote:Originally posted by legaleagle: Upside, there is much to address in your post, but I will attempt to, as best as I can.
First, let's get the "Christian" thing addressed and out of the way. You, more than anyone here, should know whether I attempt to practice my Christian principles. If my Christianity is "out there" on my sleeve, it is because of my position at Christian Traders. If my "faith" is brought up on any of the boards that I visit it is because of that connection, not because I attempt to legitimize my position by my belief in God.
If my faith has any connection to my postings, it is because I believe that my Creator involves himself in all human activities, just as a "parent" would influence and help their children in every endeavor, including investments. That said, let's move on to the Police thing.
Yes, I had many years of my life invested in serving the public as a police officer and investigator. It wasn't something I had to do in order to earn an income. My education was better suited for business than rolling around in a gutter with a crazed psychopath or dodging bullets in the midst of an aborted armed robbery. I did it because I cared about creating an environment where the average citizen didn't have to live in fear.
As far as revealing, on any boards, the fact that I spent time doing this, was relevant to the post that I was making. My experiences as a police officer and investigator are something that I possess, that are worth sharing. If this were a discussion board about types or conditions of medical problems, it would be relevant to know if the poster were a doctor, nurse or EMT.
As far as the "umpteen" boards go, I post here, at CT, and at 32 and 49. Only recently did I start at 49 as 32 was overrun with bashers who have their own agenda. My motivation at being on any of those boards was the collection of DD for my job at CT. That is where my dedication is, because that is where I have a commitment. If I posted on those boards, even here, it was as pay back for the information that I received from them.
As far as CMKX goes, yes I am a believer in the company. I have never stated that it is anything more than a long shot. That is the nature of a pink sheet company, and a wildcat exploration operation. But as I have investigated the nature and background of this company, I have seen something more is at hand with this company. Some of the things that I have discovered were revealed to me in confidence, and I will continue to respect the confidential nature of those revelations. Other things and opinions are based on my experiences in dealing with organized criminal activity. And some are based on my knowledge of how the criminal justice sysytem works in undoing criminal enterprise.
All of that still leads me to believe that CMKX is in the forefront of investigations designed to undo the detestable practice of naked shorting. That this company has painted a picture of a stumbling, bumbling, classical scam, in order to trap the "shorties" who have traditionally salivated at the sight of a company with a large AS/OS, and all of the appearances of a scam operation. And I believe that they have the "goods" up there.
There is no reason to repeat all of the information that I have brought here, that I was able to repeat. I have made my statements,I will live with them, and stand behind them.
I know you well enough to believe that you really do have a concern for people who have invested their money in this stock. I do as well. I do not know that this stock is a "sure thing" and I haven't presented it as that. It is, imo, an opportunity for some of those people that you mentioned to have a better life. If they invested large amounts in this company that they couldn't afford to lose, and do actually lose it, then I would be as sympathetic for them as you are.
I am not far from them either, as I live on a fixed disability pension. That is why I didn't invest more than I could afford to lose. But what I share with them, is hope. Hope for a better life. Not to the point of deluding myself, however. But that hope is still alive and well, for me and for them.
You ask if I feel badly about "midleading" those people. I didn't mislead, I countered those here who would deny them that hope.
Upside, you are a good man and I value your opinion. But have you considered how many of those people you care about, would have lost the opportunity for a better life if this thing plays differently than you believe it will?
We haven't seen the final chapters of this story yet. We have only seen what was intended for us to see as this very complicated operation plays out.
What part will Entourage play? I have no idea. But this I know: It was planned as a player at least as early as January of this year. Long before any SEC charges were placed. So for that reason I believe it is a proactive move, and not a reactive move. It's role is yet to be defined for us, but it is known to people like IBM and Glenn, the people who designed this play, those who have the most to lose by being affiliated with a "scam".
So while you have attacked me personally and publicly, I have no animosity for you. I believe that you are sincere in your negative attitude about the company, and therefore about me by extension. But know this, I am just as sincere about my opinions on CMKX and it's future. If I am wrong, I will apologize for not having the skills to recognize a true scam. But I will not apologize for "misleading" anyone based on what I know or perceive to be the truth behind all of this.
OK, go ahead and tear me, and this post, apart. That's the great thing about these boards. Freedom of speech and thought, balance and counter-balance.
As always, in my opinion.
My post was not meant as an "attack" and I've no desire to "tear you apart", that's not my intent. I was pointing out disturbing trends that I've noticed over the last few months. Also, I never called into question your Christianity or your law enforcement background, I have no reason to, I believe you. I also never used the term "misleading", that wasn't my point.
My point was that you seem to want to be known as an internet CMKX DD sleuth ala Dr. D, Zen, etc. In the process of accomplishing it, your background and beliefs seem to slip into your posts. I also recently noticed that when some research came out from a guy named Columbo, you were quick to mention that you had worked with him. Is that true or was it just to build your reputation?
I read the post by ACKCANE here today saying that anyone who would buy based on some guys chat board recommendation is an idiot. Well, the harsh reality is that a lot of "idiots" did just that with this stock and when they see a Christian law enforcement officer recommending it on a sting theory or contacts in the drilling area, that's enough to convince them it's for real. And now it appears it's about to start anew with Entourage.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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Upside, I think it was clear that you were suggesting that I use my Christianity as a ploy to gain trust, you still are.
If I am known as a DD "sleuth", it is because I have spent a lot of time researching this company and reporting on it, not because I want to be known as that. There are many who have found far more than me, and one of them is Columbo. Understand that Columbo is a group and an individual. The individual just does the accumulation of info, and the reporting for the group effort. And yes, I still work on a daily basis with that group.
As far as Entourage goes, we will have to see. It has it's preplanned job to do, but I don't think it is the final vehicle. Watch for mergers.
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quote:Originally posted by legaleagle: Upside, I think it was clear that you were suggesting that I use my Christianity as a ploy to gain trust, you still are.
If I am known as a DD "sleuth", it is because I have spent a lot of time researching this company and reporting on it, not because I want to be known as that. There are many who have found far more than me, and one of them is Columbo. Understand that Columbo is a group and an individual. The individual just does the accumulation of info, and the reporting for the group effort. And yes, I still work on a daily basis with that group.
As far as Entourage goes, we will have to see. It has it's preplanned job to do, but I don't think it is the final vehicle. Watch for mergers.
Legal,
In most circles I would say your known as an idiot and not a sleuth.
I'd also like to recommend a name for this columbo group of yours.... how about Legal's Mental Midgets.....
Posts: 86 | Registered: Aug 2005
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quote:Originally posted by legaleagle: Upside, I think it was clear that you were suggesting that I use my Christianity as a ploy to gain trust, you still are.
If I am known as a DD "sleuth", it is because I have spent a lot of time researching this company and reporting on it, not because I want to be known as that. There are many who have found far more than me, and one of them is Columbo. Understand that Columbo is a group and an individual. The individual just does the accumulation of info, and the reporting for the group effort. And yes, I still work on a daily basis with that group.
As far as Entourage goes, we will have to see. It has it's preplanned job to do, but I don't think it is the final vehicle. Watch for mergers.
Legal, I believe you use your Christianity as a ploy to gain trust....
Posts: 86 | Registered: Aug 2005
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STOCKGATE TODAY An online newspaper reporting the issues of Securities Fraud
More Evidence of Stock Counterfeiting has surfaced – November 1, 2005
David Patch
So the Securities and Exchange Commission is out to protect Investors. Counterfeiting does not take place in our Markets. The liability of unsettled trades is a burden to the Institutions. Boy does this sound refreshing. But are the statements really true?
On October 28, 2005 an Administrative Judge at the Securities and Exchange Commission ruled that St. George Metals was in violation of Exchange Act Rules 13a-1 and 13a-13 by failing to file annual reports on Form 10-K or 10KSB over the past few years. The result of this ruling was that St. George Metals (SGGM) would have their registration revoked effective immediately making them no longer tradable as a public entity.
For the past year plus the SEC has initiated a concerted effort to revoke registrations of such violators after multiple years of hiatus from the process. While I cannot refute the rationalization behind the efforts of the SEC I wonder about the timeliness of this stepped up effort.
St. George Metals’ shareholders have contended that their stock has been artificially depressed due to the process of naked shorting abuses. To this day, it is unclear as to whether their allegations were substantiated or used as an excuse. But what we do know is that St. George Metals appears on the naked shorting scarlet letter list. The ‘scarlet letter list’ being the Regulation SHO threshold security list published daily by the major markets. In fact St. George Metals has been listed for 47 consecutive trade days, better than 2 Calendar months, as presented by the NASDAQ.
To understand what the threshold security list is would be complicated. The simple explanation is that a number greater than 10,000 shares and greater than 0.5% of the total shares issued and outstanding are presently booked as a settlement failure in the system. In layman’s terms, a minimum quantity of shares were sold by a seller but never delivered to a buyer of said securities.
By the order of the Administration, St. George Metals can no longer trade publicly therefore no future trading to settle out fails in the system can take place. So what about these excessive fails that has held St. George Metals on the threshold list?
Let’s start with investor protection.
To date the SEC has claimed that the unsettled trades that exist in the marketplace are not injurious to investors. Any investor can sell their stock even if their particular broker-dealer never settled the trade. Don’t unsettled trades create an excess of shareholders? If every legitimate share is owned by an investor, and somebody sells something that doesn’t exist, did we not just create additional victims?
To use fictitious numbers to prove a point, let’s assume SGGM had 100 Million shares outstanding and the very minimum 0.5% shares went unsettled; 500,000 shares. Investors have paid for these excessive 500,000 shares yet; they do not own any real stock in the company as the trade never settled. The trade can’t settle because those additional 500,000 shares are not registered shares issued by the company. Without settlement, you have no rights associated with ownership.
At a bare minimum, the number of shares in circulation as represented would be 100.5 Million or more than the rightful number of owners of this now private [non-public] company.
The financial liability for these excess shares has been touted by the SEC, and specifically the Division of Market Regulation, as a liability carried by the executing broker-dealers who entered the trade without settlement. Any costs required to close out the transaction, if a premium had to be paid, would be done at the expense of the broker-dealer. But that liability has never become a forced burden by the regulatory bodies. The SEC and sub-tier SRO’s have never forced the industry to pony up and settle out their liabilities; regardless of a law that requires them to do so.
Under the example stated above, real investors purchased those additional 500,000 shares. They did so with capital they worked to acquire through hard work. If the stocks were purchased at $1.00/share that would be $500,000 worth of hard earned capital spent by individual investors to purchase rights in a company. If the Investors paid out $500,000 for stock ownership, and stock ownership was never delivered, who then received the money? When a stock never settles, somebody gets to take claim for the transfer of funds associated with that $500,000 for 500,000 shares. The money left the accounts and had to go somewhere.
Fact is the $500,000 is distributed to the short seller which may or may not be the Institution itself. When the stock stops trading, no individual shareholder knows specifically whether they own the 100 Million real shares or the 500,000 fake ones not yet settled. The presumption is everybody loses. Those that received the money from the sale of unregistered securities walk away from all financial obligations and liabilities. Novels gig if you can get it.
This thus brings up the last question. What constitutes counterfeit?
To counterfeit a stock, the seller must have intent on passing something off as authentic to deceive.
At present the securities regulators have parsed meanings based on eventual settlement. The initial sale was done with intent to deceive but instead of a counterfeit share, an extended and unidentified IOU is provided therefore the stock sale was not counterfeit. With the IOU the SEC claims it is not counterfeit, it is a loan.
However, in the case of St. George Metals and other similar companies, the sale of a counterfeit security was in fact executed since the IOU can not be closed out. With the SEC pulling the registration of the security, thus restricting any future trading of the stock in the open market, the seller can never acquire the ultimate legitimized share to make good on delivery. The initial unsettled trade became a ruse. A high stakes pyramid scheme using counterfeit shares to deceive investors into buying what otherwise does not exist. A scheme orchestrated by Wall Street and supervised by Federal regulators. The unsettled trade became the sale of a counterfeit security.
Before people dismiss this argument because St. George Metals violated Securities Laws by not filing as required remember, two wrongs do not make a right. The SEC has no right to selectively decide who they will protect and who they won’t. Shareholders of St. George Metals had a right by law to receive what they purchased with real capital. By not forcing those who executed trades without intent on settlement violated several other securities laws and thus used this means to injure all shareholders of St. George Metals. For all we know it was the sale of excessive counterfeit shares that injured the business model SGGM had to achieve success.
Those questions will never be answered as the SEC refuses to aid corporations in understanding who their rightful shareholders are and how their stock trades in the open market. Those are secrets the SEC and industry institutions keep near and dear to their collective dark souls.
So how does the SEC explain away the counterfeit shares they themselves have proved existed? They won’t. The Commission is riddled in conflicted opinions and ignorance. Many within the Commission would willingly destroy every small investor and company so long as the Wall Street machine grows and prospers to finance our Nations wealthiest. Along with this destruction of the small investor and companies goes our nation’s economy and integrity.
St. George Metals is not simply an isolated event; the fraud of unsettled trades is an industry standard representative of years of abuse. The loss to investors over this abuse is near $1 Trillion and growing. Don’t shot the messenger, understand the symptom. St. George Metals is just another messenger.
posted
What ever happened to all those senators and congressmen who were supposed to be investigating this NSS crap? The SEC buy them all off?
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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So what is it now, Entourage has hired two ex-CMKX employees that worked during the biggest dumping of shares in history and were vital in hiding this from shareholders. And this doesn't concern any of the cult? That is some strong koolaid.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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legaleagle Tried to send you a PM, but your box is a little full right now.
I have some questions that I hope you can help answer. If you would prefer doing this by PM, please do so.
I still hold a few shares of CMKX and its spinoffs (Casavant Mining, GEMM and USCA). I've already written them off as worthless, and I don't intend to invest more money, so I don't have anything to lose by hoping for a few rays of sunshine. (I am usually "obnoxiously positive" about everything.)
To be honest with you, I don't know if you believe what you post, but I have to say you do it well. Most of your comments are articulate and intelligently stated. Therefore, I would like your opinion on the future of my shares:
1) Do they have any current value, even if they cannot be traded? 2) Is there any hope they (or replacement shares) will increase in value? 3) Is there any hope that I will be able to trade them (or replacement shares) someday? 4) Is there anything I should do now to help my situation?
Please, everyone, let the man respond to my questions without giving either one of us any grief. I'm just looking for information. If others want to answer me also, go ahead. But let me decide how I digest that information.
OKAY?
-------------------- Everything I say is only my opinion ... right or wrong. Posts: 2152 | From: Ohio | Registered: Sep 2004
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Bottomliner, I've got one question for you. When you say you've written them off as worthless, are you referring to how you view them or have you actually filled out a non-marketable security form with your broker?
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
well its still not over if that means anything. if it was as bad as exposure to nuclear fallout as some here would believe then i dont think we would have gotten this far, AND urban would be in a heap of trouble which he isnt. how do you explain that? how come we have come this far and still continue to work as a business. yes i know are stock is revoked i had to say that because i know someone would use that as a response. yeah its not a good thing but we will know more soon and maybe just maybe some here might lay off them a bit.
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so. Posts: 6949 | Registered: Apr 2004
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posted
Bottomliner, thank you. Most cynics don't think I really believe in the company. And I will give them this: Everything "looks" really bad for the company right now. Little information has been forthcoming. What information has been released, like, the company is broke and unable to handle it's obligations, Maheu is running away in disgrace, UC is near death, reasonable value was not obtained in over a million and a half acres of the richest mineral deposits in the world; Roger Glenn and Edwards,Angell are going down in disgrace for engineering the biggest scam ever foisted on the markets. Urban is living the great life in a 3 million dollar mansion and has squirreled away millions of shareholder dollars in a trust account, and is only awaiting his sentencing. LOL, I could go on and on.
But you know, you just can't create a better Maheu landscape painting. It's what he and Roger do best.
In my opinion, everything we are witnessing has been carefully, meticulously scripted for public viewing. Not with the intention of hurting any shareholders, but with the intention of trapping the largest naked short in history, and forcing the markets to clean up their very dirty laundry. Unfortunately, share holders were hurt when they sold out too soon. You can see some of that pain being communicated on this board daily......fear. Fear that they may have been wrong. Frustration that someone doesn't prove instantly that they were right in dumping, and eliminating those fears. So they take that frustration out on anyone who comes along that may have seen this stock for what it really is.
Now what do I see happening that others might not. Well it would be nearly impossible to list everything that plays into that decision because I have been accumulating information for nearly two years. Most weeks 16-7 on the boards, on the phone, in Paltalk, even attended the NS Rally in DC last summer, and made trips to meet with other researchers and principals of our JVs. How would anyone delineate that kind of information.
But take it for what it's worth, I'll give you my scenario of what we may soon see.
I believe all of the jv's are being rounded up for a merger into CIM, yep, Casavant International Mining. Entourage, the known jvs, and even a few jv's that arent't known, like AZTM. I believe that approximately 20 Market Makers have settled with CMKX on the NS, and three held out. I also believe the funds for that coverage have been deposited in CMKM DURANGO TRAILS, LLC, a Nevada Corporate Trust.
I think those funds will be paid in settlement to CMKX shareholders thru CIM as the royalty payment that was promised, so that the SEC will have no control over the distribution or the privately held company's sources of income.
This accomplishes a second goal of the SEC, DTCC, MMs and hedges. It puts a veil over the entire NS situation. And their dirty little secrets go unannounced to the public. This is essential to the ongoing life of the market.
As for the amount of settlement or distribution rates, I believe that 600 billion shares have been retired from the announced OS. And as for the amount of the settlement,I have heard too many figures thrown around to even venture a guess. So that's the wait and see part.
When all of the components have been successfully absorbed into CIM, I believe there will be some sort of partnering with Shore Gold, Kennsington/Debeers into one of the largest conglomerates ever formed with some divisions operating the diamond mining, others uranium, others performing varying mineral operations.
I believe we know the valuation of all of our claims through the months long aggressive drilling program of Emmerson Koch and his Double K Excavating company.
RG, IBM, and UC created many facets and companies for the operations over the years in order to prevent shorty from taking over or bankrupting the company. Those multifaceted deals and agreements had to be cleaned up, and the share structure as well, before any of the major mining companies would be willing to merge with CMKX. That is what is going on now. Both problems are being rectified, right before our eyes, and many are unwilling to see what is so plain, because they have developed a discrimination against anything the company does at this point.
So let's just call all of the above a legaleagle "fantasy" and avoid so many follow up postings.
Bottomliner, I appreciate your professionally worded questions and the opportunity to express what I think may be happening now. Since no one can buy or sell this stock I figured it wouldn't matter any longer if I just posted what I thought. Besides the Merry Men have been running out of things to bash with. LOL
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legal, you gotta admit, no matter what you know, the above scenario is a bit of a stretch. I hope you're right, because I still have a few shares laying around. But I kind of doubt it.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
No, it doesnt, which is what makes it so unbelievable. And which almost makes it impossible to come true.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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I'd still like to see some sort of proof of all this....
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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i think someone said frizzle said there would be news by the weekend
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so. Posts: 6949 | Registered: Apr 2004
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Another rumor....we need something more concrete...
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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Moo, John Martin sent an email to a shareholder advising him that Friz and Stoecklein are preparing some kind of report in the next couple of days.
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Good post legal, and I too think that your "fantasy" is a bit of a stretch and a lot of loose ends and "what ifs" need to come together, but I hope at least some of it comes true. When I first read it I though "ouch", haven't you taken enough beatings from this board" but so far the replies have been almost cordial (but it's still early).
Whatever happens, we koolaid drinkers are locked in and everyone is locked out of whatever is to come. No more chances on this one, one way or another. I for one am glad to be locked in because like many shareholders I committed to an all or nothing scenario from the beginning. I'm still hopeful of something decent coming out of all this, but only time will tell, and until then it's only speculationon everyone's part. Keep up the good fight legal.
Posts: 170 | Registered: Jul 2005
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Can you pull certs from a stock that's revoked? I would think the brokers would say they are no longer available.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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Sure people pulling them everyday since revocation. We may be revoked, but we still own shares in the company. However, the brokerages seem confused and reluctant. But I would be too if I had more shares sold than CEDE can cover.
Power play coming with this I think. But now this IS rumor.
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I copied this from another board. Seems like someone has been in contact with Andy. It's a long one too. I guess that's possible with all the free time he has now.
cretamk: hey mr hill are u there
andy891: i is.
cretamk: how r u doing today
andy891: excellent tks and u
cretamk: my name is mike by the way. another cmkx shareholder
andy891: hi Mike.
cretamk: im doing ok. would be a little better if i knew what was going on with our company
andy891: we are in the CLOSED CLUB now
cretamk: what does that mean
andy891: as a shareholder you are now a member of a Limited Partnership. You have WON.
cretamk: what have i won
andy891: what will come.
andy891: you really don't GET IT?
andy891: one door closes and another opens...you think i was just bantering? lol
cretamk: well i could have won a share of etgmf for every million shares of cmkx or i could have won a cash divi of .10 per share
cretamk: well by that statement i guess u are inferring that cmkx is closed and etgmf is open. but waiting another 2 years for valuation i do not see as winning
cretamk: u still there?
andy891: why on earth do you think you will have to wait 2 yrs....and what about "other" assets???
cretamk: i dont know what other assets we have. they could be "got cmkx" t-shirts or billion dollar valuation for our remaining land claims
cretamk: when will the shareholders know what the other assets are?
andy891: when they figured what the frozen snapshot has in it...per revocation...all you have to do is sit and wait...you had to be in to win....now you are in...you can't leave....so you have WON.
cretamk: how long will it be until we know what we have won?
andy891: when the Task Force sorts a few things out.
cretamk: do u have an approximate timeline to when that will be
cretamk: still there?
andy891: no..but like you i hope asap. i expect the Task Force will say something fairly soon after they have time to look at the Frozen snapshot.
cretamk: is there anything you can tell me that isnt a vague statement that can be twisted into a million possibilities
andy891: nope..you have to figure this out......just consider some of the things i said along the way. and realize you are truly in....and those that did not get it are truly out.
andy891: you really don't have to figure anything out...lol you just have to be. just like i always said...lol cretamk: it is difficult to still believe after almost 2 years of waiting and not knowing what is going on
cretamk: at this point i dont have a choice. so i hope it turns out profitable
andy891: well there is much to know if you were paying attention..and not following nitwits on message boards..not to say there are not some very smart people out there who are GETTING IT.
andy891: it is not that you don't have a choice...you have been granted the opportunity to WIN..because you remained a shareholder.
cretamk: well u have said many things in the past that havent come true. like recently u told us to watch our radars for word from us or our jv's
cretamk: nothing happened
andy891: are you kidding...we got the Carolyn claim back to United Carina.. and we have just done a deal with Entourage...and CMKX now equals Entourage...LOL it is happening right in front of your eyes.
cretamk: why didnt this happen a while ago
cretamk: why did it have to wait until the day of our last word against revocation for it to happen
andy891: revocation was supposed to happen.
cretamk: so why did they fight it in the first place
andy891: to lock you in along with all other shareholders so they can now figure out who has what and the proper ratios of distribution.
cretamk: why didnt we accept revocation from the beginning
andy891: because we were at odds with the SEC...don't you find it interesting that revocation occurred exactly one year from the day the SEC attacked USCA?
cretamk: it is a little interesting, but still doesnt give me any answers
andy891: you have to think things through to get your own answers.
cretamk: at this point i am just frustrated because we are revoked and are still in the doghouse
andy891: i will tell you this....UC, Maheu, Stoecklein are playing in the BIG leagues...there is no room for error...and they are doing it all for you the shareholder.
cretamk: i dont see a reason now to still be quiet
andy891: when you don't have things done or concluded yet to your advantage of benefit...the best thing to do is keep quiet.
andy891: when they are ready they will speak.
andy891: we are in good shape...no worries on my part.
cretamk: how many shares do u personally hold?
cretamk: are u able to tell me this?
cretamk: if not, i understand
andy891: no i don't disclose that or what UC paid me to do the IR.
andy891: it is not important
cretamk: are there still deals being made, or is that part of the plan over?
andy891: could be or being finalized.
cretamk: well thank you for your time
cretamk: unfortunately i dont feel any better, but i appreciate u spending time with me
andy891: good luck in the closed club... cya
Posts: 2375 | Registered: Nov 2004
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quote:Originally posted by Upside: Bottomliner . . . When you say you've written them off as worthless, are you referring to how you view them or have you actually filled out a non-marketable security form with your broker?
Upside I just meant that I view them as worthless. I haven't done anything official with the shares. Although I don't like losing money, I have to say that I feel strangely calm and content knowing that I cannot go anywhere but up, and it's almost "fun" hearing how I might be sitting on a gold mine (sorry, diamond mine) and might be rich any day now. LOL.
-------------------- Everything I say is only my opinion ... right or wrong. Posts: 2152 | From: Ohio | Registered: Sep 2004
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I have a question for you or anyone else for that matter. I have been in CMKX for almost a year now. I have received 3 different restricted share distributions in my etrade account. A few posts ago you mentioned a possible merger into CIM. And over the month of following along on the board I have seen other posts about people having some shares of CIM. I don't think I was in this stock early enough to receive any share of CIM. Going back to your theory, how would I benefit from this possible merger into CIM? I guess what I'm asking is if your scenario come to pass, how will it benefit me if I just own CMKX and a few other restricted share of GEMM and SGGM. Just looking for a little info. Anything you can add will be appreciated.
quote:Originally posted by Otttoman: Good post legal, and I too think that your "fantasy" is a bit of a stretch and a lot of loose ends and "what ifs" need to come together, but I hope at least some of it comes true. When I first read it I though "ouch", haven't you taken enough beatings from this board" but so far the replies have been almost cordial (but it's still early).
Whatever happens, we koolaid drinkers are locked in and everyone is locked out of whatever is to come. No more chances on this one, one way or another. I for one am glad to be locked in because like many shareholders I committed to an all or nothing scenario from the beginning. I'm still hopeful of something decent coming out of all this, but only time will tell, and until then it's only speculationon everyone's part. Keep up the good fight legal.
I was being polite for bottomliner because he asked. So Legal got a free pass on one post. Would like to hear a fact once and awhile.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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quote:Originally posted by legaleagle: Bottomliner, thank you. . . . I appreciate . . . the opportunity to express what I think may be happening now.
legal Thank you very much for your reply. Nice summary of your thoughts. As I've said, I don't know enough about the situation to know what I believe, so I am finally doing some DD (LOL).
Although I'm "down" a few bucks on this investment, I can't say I'm upset about it. I felt the potential reward was worth the risk, and until we know the outcome for sure, it may still be.
-------------------- Everything I say is only my opinion ... right or wrong. Posts: 2152 | From: Ohio | Registered: Sep 2004
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I have a question for you or anyone else for that matter. I have been in CMKX for almost a year now. I have received 3 different restricted share distributions in my etrade account. A few posts ago you mentioned a possible merger into CIM. And over the month of following along on the board I have seen other posts about people having some shares of CIM. I don't think I was in this stock early enough to receive any share of CIM. Going back to your theory, how would I benefit from this possible merger into CIM? I guess what I'm asking is if your scenario come to pass, how will it benefit me if I just own CMKX and a few other restricted share of GEMM and SGGM. Just looking for a little info. Anything you can add will be appreciated.
Thanks
skippy if CIM issues a royalty it will be to CMKX shareholders. You won't have to own CIM to get the royalty you will have to own CMKX
But I think UC wants to keep his large shareholder base, he only wants to get rid of the NS, not the shareholders. So if my scenario is correct, I think the royalty recipients will be given an opportunity to reinvest that cash in a CIM pre-IPO opportunity
Posts: 2375 | Registered: Nov 2004
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quote:Originally posted by legaleagle: Wallace is apparently absorbed in QBID from what I hear.
Just IM'd with Don, he spends most of his time in Sterling's PalTalk now.
Maybe Wallace got hit by the CMKX Koolaid truck I sure hope not for the sake of that truck.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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I sure hope not for the sake of that truck.
