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Post by micromegalomaniac0 on May 17, 2006 13:23:03 GMT -6
And here we wait an additional amount of time because of a stubborn brokerage house. If I were late in meeting a deadline for paying a bill from a creditor, ie. Ameritrade for a margin call, they'd threaten me and slap me around financially to make sure I understood they are seriously in charge. I hope that these late certs were greeted with some kind of a fiscal fine or punishment as this brokerage well deserves. (*&^*^#(@&$#!
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Post by bugzie on May 17, 2006 13:28:17 GMT -6
, now this is getting interesting. Is there a new deadline?
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Post by j on May 17, 2006 13:42:34 GMT -6
To Bill & John: Thank you for your dedication and committment on behalf of the shareholders. Without your efforts we would never have accomplished the great things that are coming to fruition. f4d~
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Post by Deleted on May 17, 2006 13:47:00 GMT -6
And here we wait an additional amount of time because of a stubborn brokerage house. If I were late in meeting a deadline for paying a bill from a creditor, ie. Ameritrade for a margin call, they'd threaten me and slap me around financially to make sure I understood they are seriously in charge. I hope that these late certs were greeted with some kind of a fiscal fine or punishment as this brokerage well deserves. (*&^*^#(@&$#! Exactly.
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Post by ivory on May 17, 2006 13:47:26 GMT -6
~~ This process is time consuming but will be completed in short order & progress is being made on many fronts. ~~ ////////////////// Current position that some companies still have in street shares held on deposit at the DTCC. The Depository Trust Company One Time Security Position Report Position as of : 04/14/2006 Total 23,805,356,463 www.cmkxownersgroup.com/spr%204-14-06.pdf
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Post by fishing4diamonds on May 17, 2006 14:12:52 GMT -6
And here we wait an additional amount of time because of a stubborn brokerage house. If I were late in meeting a deadline for paying a bill from a creditor, ie. Ameritrade for a margin call, they'd threaten me and slap me around financially to make sure I understood they are seriously in charge. I hope that these late certs were greeted with some kind of a fiscal fine or punishment as this brokerage well deserves. (*&^*^#(@&$#! The deadline imposed by the TF and DTC of May 15th, was to PULL the cert. Not to get it to the task force. I explained there would be a time lag of about a week or so for ALL the certs to get to the Task Force. But Helen (transfer agent) has ALL the information accounted for now. Hence the "meeting" between the TF and the TA scheduled. Comparing notes so to speak.
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Post by Deleted on May 17, 2006 14:15:27 GMT -6
F4D, I thought that meeting was yesterday. Is that still pending?
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Post by singer on May 17, 2006 14:15:50 GMT -6
Keep throwing us bones
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Post by harryizmabelli on May 17, 2006 14:24:26 GMT -6
....but of course, the SEC says that NSS doesn't exist. One word: fooey
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Post by fishing4diamonds on May 17, 2006 14:29:38 GMT -6
F4D, I thought that meeting was yesterday. Is that still pending? Not yesterday brig. Sometime this week. Arrangements are being made at this time for a meeting between the Task Force and the Transfer Agent. The purpose of the meeting is to discuss the official shareholder list and to examine pending requests for certificates. The records of the Transfer Agent will be combined with the information received by the Task Force to arrive at a bona fide shareholder list. The Transfer Agent has been most helpful and cooperative with the company in our efforts to obtain a bona fide shareholder list. I have reasonable assurance from the parties that this meeting can occur this week. I have not been told when the company will issue a formal press release announcing the next step in the proceedings.
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Post by lotsaice on May 17, 2006 14:31:18 GMT -6
So two things come to mind:
1. They met the settlement demands (monetarily)
2. They are getting us our certs because we need them for some other stock transaction.
Is that close?
lotsaice
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Post by ivory on May 17, 2006 14:39:03 GMT -6
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Post by zanmia on May 17, 2006 16:41:23 GMT -6
I concur!!! Many thanks to John, Bill, and their team!!! Thank YOU!!! Mike To Bill & John: Thank you for your dedication and committment on behalf of the shareholders. Without your efforts we would never have accomplished the great things that are coming to fruition. f4d~
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Post by monte379 on May 17, 2006 17:54:20 GMT -6
One small concern. Last time we had a deadline, it came and went with no extension. Etrade panic'd and sent a currior to the TF and dropped off 4000 certs. Then the next day or two, the March 15th deadline was PR'd. Not extending the deadline sprurred Etrade. Now that the 15th has come and gone with no extension, TD/A forked over some certs. Is there a chance history will repeat itself and we will get another extension later in the week? TIA
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Post by windsor1934 on May 17, 2006 17:57:48 GMT -6
Frizzell said NO more extensions.
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Post by Deleted on May 17, 2006 18:36:16 GMT -6
Another extension would require another round of postcards and USA Today ads. I sincerely doubt there will be another extension. Certainly not one that would put the deadline beyond 60 days after the Post Card went out, since it was the first of the two.
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Post by xxed on May 17, 2006 19:53:47 GMT -6
Hold on a second, I need a bit of cognac to wash this gargantuan tidbit down with first. Then I am leaving, too! (Gotta go to work.)
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Post by fastwalker on May 17, 2006 20:32:13 GMT -6
And here we wait an additional amount of time because of a stubborn brokerage house. If I were late in meeting a deadline for paying a bill from a creditor, ie. Ameritrade for a margin call, they'd threaten me and slap me around financially to make sure I understood they are seriously in charge. I hope that these late certs were greeted with some kind of a fiscal fine or punishment as this brokerage well deserves. (*&^*^#(@&$#! " I hope that these late certs were greeted with some kind of a fiscal fine or punishment as this brokerage well deserves. (*&^*^#(@&$#!..." Personally I would change fiscal fine to "fecal fine".....as in the defecation impacting the oscillating rotary blades and sticking to them.......
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Post by jwlob on May 18, 2006 5:50:05 GMT -6
Greetings CMKX Owners Group members,
Our office received an overnight package yesterday from Ameritrade totaling approximately 1,000 certs. The cover letter with the package states they will be sending another 500 certs tomorrow. In addition to this package, the faxes and mailed in certs have been arriving in large amounts each day. The current backlog is approximately 2,000 certs. Our staff manually scans in the certs and inputs them into the system. Each cert has to be checked by those inputting the data into our system against our database to avoid duplications. This process is time consuming but will be completed in short order. This may explain why those of you that are attempting to fax your certs may experience a busy signal. Your patience is appreciated.
Lately, it seems certain posters delight in sending disrespectful emails to me and some of my staff after every update. I do not expect all shareholders to be delighted with the information I impart with my updates. Many shareholders, myself included, are frustrated. We have a right to be frustrated. But in my opinion progress is being made on many fronts. For those of you who have sent us “attaboys” and letters of support, we acknowledge them and appreciate them very much.
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