Frizzell's update 10 April, 2006

[tramp]

noahltl said:

The mail out is coming from the "company" not the Task Force. Simple instructions on cert pull to the rest of the shareholders should come from the TF, not the company.

We also have the information from the last PR about the Nevada State Law, which points to a "meeting" and "proxy vote". That would come in a mail out from the "company" And most certainly would be "final"

right noah, frizz says in this its from the 'company'..meaning cmkx.

[sparkles]

makamint said:

paragraph 2

This directive dated April 5, 2006 was prepared by the DTCC officials as an internal memo to its participants. It is apparent that the DTCC wished to allow its participants the option to voluntarily request withdrawal of their certs by April 14, 2006. It is equally apparent that the DTCC is telling its participants that if any respective participant does not withdraw all CMKM certs on deposit or request that the DTCC transfer the participant’s certs to the Transfer Agent, then the DTCC will perform this task for the participant. We have received many inquiries regarding the meaning of this directive from the DTCC. The letter is self explanatory. By May 15, 2006, the DTCC will have no CMKM on deposit if the acts set out in this letter occur.


"What is so hard for you dumbbutts to understand..."

I also assume the 'mailout' to be the directive to order certs as previously said by the Frizz.

just my 20,000 shares worth

mam

no kiddin huh? I thought maybe I didn't drink my kool-aid or wear my secret CMKX rumor decoder glasses.

I'll see you 20k and raise you 20k just because I think it's great that Frizz too the time to explain it.

[ocd]

my god! Some of you people are just down right scary. If something this simple is so confusing how do pick a political candidate?

[blue32]

"We had been seeing correspondence between the DTCC and various broker/dealers for several months noting that the DTCC was requesting that its participants obtain certs per the requests of CMKM."

How was the company privy to these "inside" correspondences between the DTCC and the brokers?

[Duc n Altum]

lovetofly said:

'final mailout' ??

Did I miss a previous mailout?

[Duc n Altum]

marshacmkx said:

This kind of pokes holes in the theory that the 'last mm has settled', doesn't it? It sounds like several broker/dealers have been simply ignoring the whole thing, in spite of their client's calls and actions. That is a very sobering thought. Be very careful who you do business with!

I wish we could get a good list of the broker/dealers who are not cooperating.

True, my thought as well! Why are they still holding if everyone covered! If they didn't cover by that date of three weeks ago, isn't that more money we will get? ;D ;D ;D

[tramp]

blue32 said:

"We had been seeing correspondence between the DTCC and various broker/dealers for several months noting that the DTCC was requesting that its participants obtain certs per the requests of CMKM."

How was the company privy to these "inside" correspondences between the DTCC and the brokers?

IBM

[cmkxplease]

I am making my final recommendations to the other members of the Task Force as to the final mail out to come shortly from the company. When the company approves the final mailout to the shareholders, I will comment further with more details about the implementation of that mailout.

Sounds to me like FINAL DRAFT. I'm sure it took writing and re-writing many times over to get the legalese correct.


I will comment further with more details about the implementation of that mailout.

Implementation=To put into practical effect or to carry out.
Therefore this, to me, reads that they will tell us about the process that the mailout will take to reach shareholders.

But then again...here is further definition of "Implement"...[Middle English, supplementary payment, from Old French emplement, act of filling, from Late Latin implmentum, from Latin implre, to fill up : in-, intensive pref.; see in-2 + plre, to fill; see pel-1 in Indo-European Roots.]

Maybe filling up our pockets with supplementary payments?
Sounds great to me! LOL

[tonypro]

As one of the members of the Task Force, I can tell you I am very concerned because we do not anticipate any additional extensions beyond May 15, 2006. We continue to receive communications from shareholders who are unable to obtain certs from their brokers. The actions of the DTCC will assist the Task Force in its efforts to complete the distribution list of shareholders that will receive their Entourage stock.

First question, concerned about what???

Secondly, clearly states for Ent. stock, with no mention of "other assets " this time.

OK---I don't have a decoder ring, or a magic box of cheerios, so please forgive my ignorance, but I don't see anything here that says we have any type of cash coming, only Ent.

Someone please enlighten me.

Tony P.

[cmkxplease]

cmkxplease said:

I am making my final recommendations to the other members of the Task Force as to the final mail out to come shortly from the company. When the company approves the final mailout to the shareholders, I will comment further with more details about the implementation of that mailout.

Sounds to me like FINAL DRAFT. I'm sure it took writing and re-writing many times over to get the legalese correct.


I will comment further with more details about the implementation of that mailout.

Implementation=To put into practical effect or to carry out.
Therefore this, to me, reads that they will tell us about the process that the mailout will take to reach shareholders.

But then again...here is further definition of "Implement"...[Middle English, supplementary payment, from Old French emplement, act of filling, from Late Latin implmentum, from Latin implre, to fill up : in-, intensive pref.; see in-2 + plre, to fill; see pel-1 in Indo-European Roots.]

Maybe filling up our pockets with supplementary payments?
Sounds great to me! LOL

I realize I'm responding to my own post, but I am amazed that one of the definitions of the word IMPLEMENT is "SUPPLEMENTARY PAYMENT"!!!!!

Coincidence?

[sparkles]

tonypro said:

As one of the members of the Task Force, I can tell you I am very concerned because we do not anticipate any additional extensions beyond May 15, 2006. We continue to receive communications from shareholders who are unable to obtain certs from their brokers. The actions of the DTCC will assist the Task Force in its efforts to complete the distribution list of shareholders that will receive their Entourage stock.

First question, concerned about what???

Secondly, clearly states for Ent. stock, with no mention of "other assets " this time.

OK---I don't have a decoder ring, or a magic box of cheerios, so please forgive my ignorance, but I don't see anything here that says we have any type of cash coming, only Ent.

Someone please enlighten me.

Tony P.

me too please

[homer]

digby said:

As one of the members of the Task Force, I can tell you I am very concerned because we do not anticipate any additional extensions beyond May 15, 2006. We continue to receive communications from shareholders who are unable to obtain certs from their brokers. The actions of the DTCC will assist the Task Force in its efforts to complete the distribution list of shareholders that will receive their Entourage stock.

I would feel better if he said I am very excited, instead of very concerned....

[john3339]

"Since CMKX is an innocent company, I hereby wash my hands of this whole sordid affair"

"Once the DTCC forwards all certs to the transfer agent or its participants, the beneficial owners and customers of the participants must look exclusively to their respective broker for their cert. The brokers can no longer blame the DTCC or the Transfer Agent for any failure to provide a cert to its customers."

The DTC is getting out of the way, and then it seems it will be up to each shareholder to go after their respective borkers for certs?

Excuse me, but regardless of whether it's the DTC as the holdup or the TA, or the borker, the DTC is still the entity responsible for shareholders to get satisfaction in ordering certs isn't it?

This explanation makes it sound like once the DTC is done with getting its own house in some sort of order, that's it. I just don't think it works that way does it?


The DTC is in this until the very end, until all certifiable shares are counted, naked shorts are exposed, and the determination about what to do has been made.

The explanation from Frizz makes it sound a whole lot different than yesterday...and makes it sound much more incorrect IMO.

The DTC can't just turn a blind eye if a dozen or so individual borkers refuse to comply with requests for certs from shareholders, can they? We're talking the regulatory entity saying 'I quit'.

Deputy Dawg says "I quit watchin the hen house..from now on, I'm just watchin that there outhouse, and the garage."

I just don't think it's within their power to choose and decide what groups they're going to enforce and monitor, and which groups they're not.

imo
john

[madmaan]

It will be interesting just to see how much this spins out of control in a few days. The best thing to do is wait. It will be soon enough. Why beat our selves up over rumors that are so far out in left feild that no one can catch them lol...

[wag]

Tony is correct-don't make anything more than a notice from company to pull certificates. No more no less.

Look for PR from Entourage in coming weeks for some good news. If unrestricted, a lot of people are probably going to sell to cash out at this point. I don't remember any mention these Entourage shares would be restricted. Anybody??

IMO, the possibility of a NSS should be high and the brokers would have to settle in some manner.

tonypro said:

As one of the members of the Task Force, I can tell you I am very concerned because we do not anticipate any additional extensions beyond May 15, 2006. We continue to receive communications from shareholders who are unable to obtain certs from their brokers. The actions of the DTCC will assist the Task Force in its efforts to complete the distribution list of shareholders that will receive their Entourage stock.

First question, concerned about what???

Secondly, clearly states for Ent. stock, with no mention of "other assets " this time.

OK---I don't have a decoder ring, or a magic box of cheerios, so please forgive my ignorance, but I don't see anything here that says we have any type of cash coming, only Ent.

Someone please enlighten me.

Tony P.

[bugsy]

ocd said:

my god! Some of you people are just down right scary. If something this simple is so confusing how do pick a political candidate?

you don't have to THEY pick the winner for you

[maverick3339]

Anybody stop to think that maybe this China thing is real and they want it all.. In order to get it they have to have ALL the shares? Now it can't be held up.. Oh well, who know for sure?

[wwjdthrume]

john3339 said:

"Since CMKX is an innocent company, I hereby wash my hands of this whole sordid affair"

"Once the DTCC forwards all certs to the transfer agent or its participants, the beneficial owners and customers of the participants must look exclusively to their respective broker for their cert. The brokers can no longer blame the DTCC or the Transfer Agent for any failure to provide a cert to its customers."

The DTC is getting out of the way, and then it seems it will be up to each shareholder to go after their respective borkers for certs?

Excuse me, but regardless of whether it's the DTC as the holdup or the TA, or the borker, the DTC is still the entity responsible for shareholders to get satisfaction in ordering certs isn't it?

This explanation makes it sound like once the DTC is done with getting its own house in some sort of order, that's it. I just don't think it works that way does it?


The DTC is in this until the very end, until all certifiable shares are counted, naked shorts are exposed, and the determination about what to do has been made.

The explanation from Frizz makes it sound a whole lot different than yesterday...and makes it sound much more incorrect IMO.

The DTC can't just turn a blind eye if a dozen or so individual borkers refuse to comply with requests for certs from shareholders, can they? We're talking the regulatory entity saying 'I quit'.

Deputy Dawg says "I quit watchin the hen house..from now on, I'm just watchin that there outhouse, and the garage."

I just don't think it's within their power to choose and decide what groups they're going to enforce and monitor, and which groups they're not.

imo
john

Hi John, The DTCC has been at best lax and at worst in total collusion with many of the shorting entities around the globe. But apparently not all of them. There are THOUSANDS of MM's and Brokers around the world who use the DTCC's services (as Firrzzell noted in his letter).

Marshacmkx made a point that this shoots a hole in the 'last MM has settled theory' and I would have to agree with that. BUT, that could mean the last one who was going to settle up without going to court or going down.

Frizzell could be 'concerned' because the fight with these last entities could get ugly. (as if we have seen 'pretty' the last 3 years). Some hedge funds, brokers or MM's could go BK and there could be some huge negative consquences that will be felt by the market. That is a concern. It doens't mean that shouldn't happen. It is overdue IMO.

I do think the bulk of brokers on US shores have settled and that may be where the assorted variation of comments 'the last brokerage firm or MM has settled' is coming from.

The DTCC just this week let it's participants know that they (the DTCC) can declare a broker, MM, hedge fund, or brokerage firm a wind down participant and increase their fees or deny them access to settlement services because of the risk they pose to the DTCC and it's participants. This is how they have the ability to send out the certs remaining and my guess is that those who have not requested the certs are going to be seen as wind down candidates.



I think this is truly an exciting time. It is obvious that we are in the end game of something big here. If anyone is still in doubt that CMKX has something, this latest letter from Mr. Frizzell should help alleviate that. This whole process would not be taking place for a revoked pink sheet company with no value.

My guess is that Mr. Frizzell is giving input to the final communication from the company as far as the Entourage shares and any other communication that may need a vote. That could be a rights offering, a buy out, the CIM IPO, communication about our other assets and what we need to do next. Of course we can speculate until the cows come home, but we can be assured that we will have a communication coming in the next month or so at the latest with a lot more disclosure. (It could be much sooner and contain a check too - I totally believe we will see a settlement or buyout - but we could get instructions about trading again. I'm sure some people know what is going to happen, but we also know there has been a lot of false information over the last 2 years, so stay hopeful but don't get cemented to any idea of a specific date or amount of money. I do think we will do very, VERY, well when our investment comes to fruition. I am just not convinced that we will realize the bulk of it next week. K hope we do. )


IMOO-Debi

[bucksnort]

wwjdthrume said:

john3339 said:

"Since CMKX is an innocent company, I hereby wash my hands of this whole sordid affair"

"Once the DTCC forwards all certs to the transfer agent or its participants, the beneficial owners and customers of the participants must look exclusively to their respective broker for their cert. The brokers can no longer blame the DTCC or the Transfer Agent for any failure to provide a cert to its customers."

The DTC is getting out of the way, and then it seems it will be up to each shareholder to go after their respective borkers for certs?

Excuse me, but regardless of whether it's the DTC as the holdup or the TA, or the borker, the DTC is still the entity responsible for shareholders to get satisfaction in ordering certs isn't it?

This explanation makes it sound like once the DTC is done with getting its own house in some sort of order, that's it. I just don't think it works that way does it?


The DTC is in this until the very end, until all certifiable shares are counted, naked shorts are exposed, and the determination about what to do has been made.

The explanation from Frizz makes it sound a whole lot different than yesterday...and makes it sound much more incorrect IMO.

The DTC can't just turn a blind eye if a dozen or so individual borkers refuse to comply with requests for certs from shareholders, can they? We're talking the regulatory entity saying 'I quit'.

Deputy Dawg says "I quit watchin the hen house..from now on, I'm just watchin that there outhouse, and the garage."

I just don't think it's within their power to choose and decide what groups they're going to enforce and monitor, and which groups they're not.

imo
john

Hi John, The DTCC has been at best lax and at worst in total collusion with many of the shorting entities around the globe. But apparently not all of them. There are THOUSANDS of MM's and Brokers around the world who use the DTCC's services (as Firrzzell noted in his letter).

Marshacmkx made a point that this shoots a hole in the 'last MM has settled theory' and I would have to agree with that. BUT, that could mean the last one who was going to settle up without going to court or going down.

Frizzell could be 'concerned' because the fight with these last entities could get ugly. (as if we have seen 'pretty' the last 3 years). Some hedge funds, brokers or MM's could go BK and there could be some huge negative consquences that will be felt by the market. That is a concern. It doens't mean that shouldn't happen. It is overdue IMO.

I do think the bulk of brokers on US shores have settled and that may be where the assorted variation of comments 'the last brokerage firm or MM has settled' is coming from.

The DTCC just this week let it's participants know that they (the DTCC) can declare a broker, MM, hedge fund, or brokerage firm a wind down participant and increase their fees or deny them access to settlement services because of the risk they pose to the DTCC and it's participants. This is how they have the ability to send out the certs remaining and my guess is that those who have not requested the certs are going to be seen as wind down candidates.



I think this is truly an exciting time. It is obvious that we are in the end game of something big here. If anyone is still in doubt that CMKX has something, this latest letter from Mr. Frizzell should help alleviate that. This whole process would not be taking place for a revoked pink sheet company with no value.

My guess is that Mr. Frizzell is giving input to the final communication from the company as far as the Entourage shares and any other communication that may need a vote. That could be a rights offering, a buy out, the CIM IPO, communication about our other assets and what we need to do next. Of course we can speculate until the cows come home, but we can be assured that we will have a communication coming in the next month or so at the latest with a lot more disclosure. (It could be much sooner and contain a check too - I totally believe we will see a settlement or buyout - but we could get instructions about trading again. I'm sure some people know what is going to happen, but we also know there has been a lot of false information over the last 2 years, so stay hopeful but don't get cemented to any idea of a specific date or amount of money. I do think we will do very, VERY, well when our investment comes to fruition. I am just not convinced that we will realize the bulk of it next week. K hope we do. )


IMOO-Debi

Thank You, Debi

[xxed]

"We had been seeing correspondence between the DTCC and various broker/dealers for several months noting that the DTCC was requesting that its participants obtain certs per the requests of CMKM. Several firms complied promptly to the directions of the DTCC and now have no security position in CMKM at the DTCC."

Me thinks Mr. Maheu knows how to force certain entities play musical chairs!

Just speculating, but it appears some might be left standing....

out in the cold.

[branfordjohn]

My thoughts:

1.) It sounds like the May 15th deadline was chosen purposely 30 days after this just released DTC deadline letter. (Maheu behind the scenes)

2.) As far as Frizzell is concerned, he certainly knows that we would be all over his "mail-out" term. So he most likely purposely used it knowing in advance it would create quite a stir. What is the mail-out? I have no clue, but I would suggest hanging onto your jobs for yet a little while.

3.) As far as all MM's have settled, obviously we have a few holdouts some where, however, this could be a final attempt by the task force to side-step future shareholder problems that are still asleep and did not yet order their certs, so this could be a collaborative effort between the TF & DTC to get the certs out before the Entourage distribution.

4.) At best this could be a little squirming by the DTC to stay out of trouble by dis-avowing any connection at all to CMKX. Now its up to the TF to bring every one to the table to pony up, if they haven't already done that.

[phatboy]

Boy, so much for "it's over" and "it's celebration time". Hmmm. Soooo, I wonder what Mr. Maheu is going to do for shareholders who cannot get their certs from their broker? Lawsuit in State or Federal Court as was mentioned in previous PR(s)?? And Mano's saying we're getting money in April? That's funny right there. Not trying to bum everyone out but shouldn't we be realistic here??


The mail-out is to notify shareholders who haven't yet ordered certs to do so in order to become a bonafide shareholder. If there is a proxy vote in the mail-out then I will be surprised and quite happy to finally have some indication that there is more than just ENT coming to shareholders.

[xxed]

phatboy said:

Boy, so much for "it's over" and "it's celebration time". Hmmm. Soooo, I wonder what Mr. Maheu is going to do for shareholders who cannot get their certs from their broker? Lawsuit in State or Federal Court as was mentioned in previous PR(s)?? And Mano's saying we're getting money in April? That's funny right there. Not trying to bum everyone out but shouldn't we be realistic here??


The mail-out is to notify shareholders who haven't yet ordered certs to do so in order to become a bonafide shareholder. If there is a proxy vote in the mail-out then I will be surprised and quite happy to finally have some indication that there is more than just ENT coming to shareholders.

It could be exactly as you say.
Maybe all that is involved is the Entourage dividend.

But there maybe something else going on, I think.

This is from Gosh and Tramp and....

Zorba?

cmkxgroup.proboards88.com/index.cgi?board=general&action=display&thread=1144758232

"crooks suing crooks..

HEDGE FUNDS to Class Action Sue Major Brokerages, alleging they had no knowledge that the orders they placed with Brokerages, were Naked Shorted! Turn on CNBC at 8:45, more on this @ 8:50...
----------

who wrote in the past, they would be turning on each other? now its hedgies against the brokers.


goes with zorbas post too.

By: zorba-the-greek
10 Apr 2006, 11:03 PM EDT
Msg. 193055 of 193150
Jump to msg. #
Ladies and Gentlemen, you are not hearing me. First, I never said after market close, obviously the stock market is not open on GOOD FRIDAY. I said after business hours and at the end of the work week. GOT IT? There is a reason for this, remember we are in Global Economy these days so what happens on Wall Street affects the world market place. Secondly, anyone who thinks Exchange Floors are “closed” over the weekend are just plain uninformed. Sure they are not trading, but financial analysts and strategists are hard at work planning for the week ahead, and they do it where the data is. I kid you not when I say next weekend will be a very busy time for certain fund managers who have some explaining to do and make major reparations!

I have finally achieved my purpose in life, I have been delivered, Hallelujah and Praise The Lord Amen!

Good Night"

www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKI&read=193055

[branfordjohn]

The timing on all these events all occurring between now and May 15th is certainly curious to say the least!!

[doughboy]

My quess is a proxy vote.