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Post by srinze on Mar 30, 2007 18:48:10 GMT -6
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Post by sokr61 on Mar 30, 2007 18:55:03 GMT -6
the lawsuit post includes this filing...fwiw
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Post by srinze on Mar 30, 2007 19:24:33 GMT -6
Not one mention of Naked Shorts or counterfeit shares.
Will that come up during the trials or will there be more lawsuits.
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Post by moontraveler on Mar 30, 2007 19:43:17 GMT -6
Sweet! Some light reading for the weekend.  |
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Post by St1ck on Mar 30, 2007 20:57:01 GMT -6
 .. We all wanted to know what was going on .. this reads like a book. We don't need no falking stinking book!....  |
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Post by smeagol8 on Mar 30, 2007 20:58:48 GMT -6
'although great damage occurred as a result of these actions,' "CMKX aquired assets that will allow it to return to trading status"
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Post by smeagol8 on Mar 30, 2007 21:13:47 GMT -6
The lawsuit wants to cancel the cmkx shares that the defendants STILL OWN, and attach any money or other assets that the defendants recieved for the sale of stock that they no longer own. They can't cancel all the shares that WERE sold by the defendants, because they were bought (by us) in good faith.
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Post by portrush on Mar 30, 2007 21:49:55 GMT -6
Worth a pin just to see the heads roll! pr  |
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Post by faithandlogic on Mar 30, 2007 22:14:30 GMT -6
Not one mention of Naked Shorts or counterfeit shares. Will that come up during the trials or will there be more lawsuits. It sounds like this first lawsuit is mainly aimed at cancelling all of the shares that Edwards and Desourmeau distributed -- due to their egregious behavior. That should put a fairly large dent in the OS, eh. As phxgold said in his derivative rights letter, this will benefit the shareholders who hold legitimate shares. Bring it on, Kevin & Bill! What would happen if we were holding the shares that Edwards and Desourmeau distributed and they were cancelled? |
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Post by Duc n Altum on Apr 1, 2007 0:47:44 GMT -6
Not one mention of Naked Shorts or counterfeit shares. Will that come up during the trials or will there be more lawsuits. It sounds like this first lawsuit is mainly aimed at cancelling all of the shares that Edwards and Desourmeau distributed -- due to their egregious behavior. That should put a fairly large dent in the OS, eh. As phxgold said in his derivative rights letter, this will benefit the shareholders who hold legitimate shares. Bring it on, Kevin & Bill! My thought too Funado! I think and or believe, imo, that this lawsuit is like a lean on their shares, so if the company were to hit the so called button and do a cash divi or whatever to us, the money could pass by them because of my choice of a word the "lean," on their shares because of this suit would prevent them from getting paid. because of this lawsuit filed on Friday. In my perception, if I am along the right thinking, just having this lawsuit filed is or was all that needed to happen in preventing them from getting paid. I wouldn't believe we would have to wait on their court hearing, just it filed, puts the lean on their shares to prevent them as counting as true shareholders, imo. But with all the evidence that is piled up on them would have me believing that they have not a prayer in ever getting paid on their shares because with the mounds of evidence that is most likely against them, the objective by Frizzell, of stripping their shares from them, will probably happen! So I think and it is of my opinion that the filing was a huge event in itself and the event that relates to our concern and everything else can take its path without holding us back. All in my opinion and perception! |
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.. We all wanted to know what was going on .. this reads like a book. We don't need no 
