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Post by starfire1 on Nov 5, 2005 9:36:55 GMT -6
[shadow=red,left,300]I've compiled the questions and will be sending them to the Task Force later this morning[/shadow]
Some of our members that are from another country have some concerns and would like some questions answerred by the task force that are pertinent to them getting certs or sending in their rejection in writing.
I was going to see if I could get an answers for Cris and bolsaman since they are both from Spain. But I know we have other members here from other countries and they might have the same questions. So, I thought I would open this up for the all our members. It might be a good idea to have one thread with questions for the Task Force.
Cris's, question is that if he can't get certs his rejection will be in spanish and wants to know how the Task Force will handle the documentation in spanish?
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Post by cmkxrocket on Nov 5, 2005 10:07:47 GMT -6
This may have been brought up already, and I am sorry to ask it if that is so but here goes. I called Ameritrade, asked for certs for my remaining CMKX shares and they said if I don't get certs for all of my diviy's that the diviys will be droped from my account. Can they do this? Should I get certs for my diviy's?
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Post by moneymaker1 on Nov 5, 2005 10:07:50 GMT -6
if he speaks english he can translate it from spanish to english. and include the original documentation.
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Post by digby on Nov 5, 2005 10:26:54 GMT -6
Ask whether we should fax in the certs we have now or if it would it be more wise to wait for receipt of all certs.
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Post by starfire1 on Nov 5, 2005 11:09:48 GMT -6
Here is the conversation with Andy this morning...I will compile all the questions and send them in to the Task Force.
Andy convo :-)
simply_cute123: Andy
andy891: hey buddy.
simply_cute123: Hi I guess we are dotting all the I's and crossing our T's now
andy891: yes..very important for everyone to do what has been requested..and then follow further instructions from our task force.
simply_cute123: exactly - we ordered the rest of our shares in cert yesterday
andy891: good.
andy891: if we stay united.....we stand a good chance..imo
simply_cute123: I agree we must be one big force to make this happen............I also have friends that are in Spain and can't get certs and they are wondering if they get the rejection in spanish what should they do? get it translated and notarized?
andy891: no idea...that is a question to be emailed to the Task Force...all questions should go to them.
simply_cute123: I put up a thread for all questions
simply_cute123: so that I can send it to them
andy891: good thinking.
simply_cute123: really nice chatting you friend.
andy891: i have to scoot to...just wanted to put something up to let everyone know i am still around and with everyone in this. you take care...
simply_cute123: Thank you !
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Post by floyd on Nov 5, 2005 11:23:53 GMT -6
Here is a quote from the yesterday Frizzell's letter...
"We do not believe at this time that it will be necessary to send your original cert to the company."
This concerns me a bit... I would like you to explain what you mean by that? If it happens someday that we need to send you our original, what will guarantee us that we will see them back?
Maybe it's a bit early to ask such a question but still, it concerns me a bit...
Thanks
Floyd
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Post by bygsky on Nov 5, 2005 11:51:10 GMT -6
MY QUESTION:
Does the task force think it is prudent to order CERTS in our other JV Divies too?
USCA-GEMM-CIM
They probably want say as they are still trading and it may be seen as market manipulation..but what the hey...
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Post by mineralsrus on Nov 5, 2005 11:54:33 GMT -6
How will future dividends be handled?.. will we have to go through this same routine?
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Post by mineralsrus on Nov 5, 2005 11:57:20 GMT -6
how many shares does UC and Family Own?
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Post by Twist Capper on Nov 5, 2005 11:59:29 GMT -6
How does the Task Force feel about Canadian Shareholders getting certs....which will in turn cause the distribution ( if done ) of ETGMF in certificate form - those said certificates NOT being excepted by Canadian brokers.........
THis IS a "hot" question for every Canadian shareholder.....if was $$$, then I could care less - but divvy shares would be worthless.......................................................................
Mike
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Post by mineralsrus on Nov 5, 2005 13:14:59 GMT -6
Why not hold a press conference to ge the word out?
I am sure there are pople that do not have alerts or read the message boards as we do.
We only make up a small percentage of shareholders.
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Post by mineralsrus on Nov 5, 2005 13:16:08 GMT -6
We should have a congressional emergency order request since this can affect the markets as a whole.
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Post by goldmonkey on Nov 5, 2005 13:24:39 GMT -6
Same as Twistcapper's message:
If I pull CMKX certs and receive the ETGMF dividend in cert form how will I get the ETGMF cert into street name at a Canadian Broker (ie. TDCanadaTrust). TD told me last night they will not accept ANY OTC certificates.
I'm stuck on what to do here! If I don't pull certs I may get missed in the divy. If I do pull cert how will I get them into street name!
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Post by floyd on Nov 5, 2005 14:19:59 GMT -6
Just to make sure that we'll get answer, I'll post my query here too... I know that there is alot of Canadian questions but one more will be ok...
I didn't know that most or all Canadian brokers would not buy back the certs...
What do we do now? Should I cancel my certs pull?
If I do so, I will not be a Bona Fides shareolder and if I still order my certs, they may not take them back...
We are screwed either way...
Help!
Floyd IP:
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Post by tramp on Nov 5, 2005 14:43:29 GMT -6
This may have been brought up already, and I am sorry to ask it if that is so but here goes. I called Ameritrade, asked for certs for my remaining CMKX shares and they said if I don't get certs for all of my diviy's that the diviys will be droped from my account. Can they do this? Should I get certs for my diviy's? a scare tactic.. and you should send that to the task force.. if it was by email to them, save that email.. if not write them and see if they say the same thing.. and then u have it written. then send it to the task force..
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Post by starseed on Nov 5, 2005 15:37:43 GMT -6
Here is a quote from the yesterday Frizzell's letter... "We do not believe at this time that it will be necessary to send your original cert to the company." This concerns me a bit... I would like you to explain what you mean by that? If it happens someday that we need to send you our original, what will guarantee us that we will see them back? Maybe it's a bit early to ask such a question but still, it concerns me a bit... Thanks Floyd me too...can't see sending them the original...how do you know you'll ever see them again? crazy idea...
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Post by crispiolnu on Nov 5, 2005 18:25:55 GMT -6
Some of our members that are from another country have some concerns and would like some questions answerred by the task force that are pertinent to them getting certs or sending in their rejection in writing. I was going to see if I could get an answers for Cris and bolsaman since they are both from Spain. But I know we have other members here from other countries and they might have the same questions. So, I thought I would open this up for the all our members. It might be a good idea to have one thread with questions for the Task Force. Cris's, question is that if he can't get certs his rejection will be in spanish and wants to know how the Task Force will handle the documentation in spanish? I love you DIANA I am grateful for your interest. Cris
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Post by starfire1 on Nov 6, 2005 7:28:50 GMT -6
Cris, We are in this together and we all help each other in whatever way we can - that is what is soooooo awesome about being in CMKX - the great people its brought together. Some of our members that are from another country have some concerns and would like some questions answerred by the task force that are pertinent to them getting certs or sending in their rejection in writing. I was going to see if I could get an answers for Cris and bolsaman since they are both from Spain. But I know we have other members here from other countries and they might have the same questions. So, I thought I would open this up for the all our members. It might be a good idea to have one thread with questions for the Task Force. Cris's, question is that if he can't get certs his rejection will be in spanish and wants to know how the Task Force will handle the documentation in spanish? I love you DIANA I am grateful for your interest. Cris
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Post by rocket147 on Nov 6, 2005 15:21:09 GMT -6
Starfire1, I have a specific question about my Roth IRA.
I pulled my 46.5 million shares of CMKX from my Roth IRA. I have no tax issue, ordinarily, because of my age.
Question, how do I get my shares, dividends, etc. BACK INTO MY ROTH ACCOUNT with the 3500 dollar limit, if they are worth much more.
If the dividend, or other changes to CMKX shares occurred while the CMKX shares were IN the Roth at the time, the increased value is tax free for me, and would not count as funding my Roth for the year.
Rocket
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Post by monte379 on Nov 6, 2005 17:48:15 GMT -6
CMKXrocket....I agree with Tramp. I got my certs from ameritrade in the summer and they never said anything about my other dividends. The are still in my account as we speak.
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Post by jwlob on Nov 7, 2005 9:02:38 GMT -6
In case a lot of shareholders don't get the Certs in time and prove they requested them.....Will the TEAM state an extension before 12/31/05?
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Post by pjannetto on Nov 7, 2005 12:06:29 GMT -6
Something is just not right here. Isn't it the company responsible to inform ALL shareholders the news regarding pulling certs, and the benefit of getting Entourage dividends. Will a simple PR be sufficient? I may be assuming here, but I feel the majority of shareholders that know about this are the ones on the boards. That's only 5-6K shareholders. Once they tell their family and friends, maybe 10K shareholders will be informed. That leaves the possibly that 40-50K shareholders may not even hear about it.
Now this will have an enormous impact not only regarding numbers in a cert pull, but also in the number of Entourage dividends dispersed. I can see some very pissed-off shareholders that may find out after it's too late about the cert pull and losing the Entourage divy.
It was suggested that the company may leave it up to the brokers to inform their clients that are shareholders in CMKX. It's obvious that this is not in their best interest, so does anyone really think they'll do this? It's like cutting off their own head.
I think the company needs to address this issue. I for one would like to see their response.
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Post by controldenied on Nov 7, 2005 12:39:14 GMT -6
This may have been brought up already, and I am sorry to ask it if that is so but here goes. I called Ameritrade, asked for certs for my remaining CMKX shares and they said if I don't get certs for all of my diviy's that the diviys will be droped from my account. Can they do this? Should I get certs for my diviy's? I just called Ameritrade about this. According to the person I spoke with any FUTURE dividends that are attached to CMKX will have to come from the company (we would miss out on the electronic form of said divies The company would have to issue actual paper certs, NOT Ameritrade)(But, we all knew that already)....He also stated that the Dividends that are already in my account would STAY. I asked for E-Mail of that specific statement. The guy said that he would talk to his Manager and see what he could do. He put me on hold and came back to tell me that his manager was away on his lunch break....Funny thing is....previous to asking for confirmation in writing...I had asked 3 other questions that resulted in me being put on hold so he could "ask his manager", and he came back with an answer all 3 other times. Then I want a written confirmation that my divies are safe, and the manager is away on lunch...LOL right! I will be calling back probably about 10 more times today until I get an E-Mail that states that my current dividends will STAY in my account. But....ON a side note...I do not believe for a second that Ameritrade is stupid enough to remove my CIM, GEMM, and USCA shares all because I took my CMKX out in cert form. Ameritade would be screwed BIGTIME if they were to do something as dumb as that. Are you sure that you got your information right CMKXROCKET?? If you get certs in one company, how in the hell can anyone EVER justify removing all of your other shares?? Either way I am covering ALL bases by talking to Ameritrade about this...But, I still find it hard to believe that they would be stupid enough to do something like that.
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Post by controldenied on Nov 7, 2005 12:44:38 GMT -6
Something is just not right here. Isn't it the company responsible to inform ALL shareholders the news regarding pulling certs, and the benefit of getting Entourage dividends. Will a simple PR be sufficient? I may be assuming here, but I feel the majority of shareholders that know about this are the ones on the boards. That's only 5-6K shareholders. Once they tell their family and friends, maybe 10K shareholders will be informed. That leaves the possibly that 40-50K shareholders may not even hear about it. Now this will have an enormous impact not only regarding numbers in a cert pull, but also in the number of Entourage dividends dispersed. I can see some very pissed-off shareholders that may find out after it's too late about the cert pull and losing the Entourage divy. It was suggested that the company may leave it up to the brokers to inform their clients that are shareholders in CMKX. It's obvious that this is not in their best interest, so does anyone really think they'll do this? It's like cutting off their own head. I think the company needs to address this issue. I for one would like to see their response. There was a Bill Frizzell update....There is a NEW website, AND there was a PR. If someone doesn't bother to atleast occasionallly check on their investments...To stinking bad man. I mean that would be like buying a field of grass to sell for peoples homes and never watering it, or mowing it, or bothering to keep the bugs, and weeds away. If you make an investment (I don't expect anyone to be a board junkie like me)...But they can atleast stay abreast of current issues. Without someone holding their hand.
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Post by tramp on Nov 7, 2005 13:35:46 GMT -6
ok, what if i signed the cert over to another person? i am holding shares in my other acct' for that person, and i was thinking of just signing over to them.
should work, right?
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