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Post by mudcaster on May 25, 2006 19:59:54 GMT -6
It is what it is, but........................................................ To this day, I fail to understand why someone connected with our COMPANY does not simply issue a PR stating to the effect: "Dear Shareholders of CMKX, we commend your patience and we understand and sympathize with your frustration in the on-going process of the CMKX certificate pull.
(beneficial future.")
got to luv these words.....Mudd
"We are not in a position to offer any insight or information at this time, but please rest assured that we continue to strive in your behalf. Thank you for your efforts toward the success of this certificate pull and our beneficial future."What would be so wrong about our Company putting our something like this? Requesting and expecting simple communication from our Company is not out of line or to be considered bashing, or we live in an entirely different World than I had thought we do. n
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Post by palmer on May 25, 2006 20:00:40 GMT -6
LOL....good one. I'll take one..... I gave all of my coloring books away... now I need one.
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Post by controldenied on May 25, 2006 20:26:16 GMT -6
Many people are wanting to know if they should continue to request their certificates. Yes, you should continue to request your certificates. Those many people should be beaten with a rubber hose. There should be NO ONE left that still needs to REQUEST their certs, and if there are I say screw em. We did our part back in November.
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Post by bosnerdley on May 25, 2006 20:26:17 GMT -6
Check this out everyone: We were caught up earlier in the day with 40527 certs counted with and average of 15,134,654 shares per cert. From that point we've counted 123 additional certs at an average of 69,779,304 shares per cert and we've increased the count by 8,582,854,390. Somethin's up! There be whales here!!!!!!
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Post by only2percent on May 25, 2006 20:59:45 GMT -6
We do not know the Width of the Front or the Depth of the Defense. These turnover events in the history of the US Markets envelope more than just one company. Continuing local skirmishes delay the establishment of the Demarcation Line. During American Civil War, North and South won intermittently, and the victory was declared only, when certain important papers were signed by both sides, long after the last shot was fired. o2p
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Post by bucksnort on May 25, 2006 21:01:06 GMT -6
COVER freakin' LETTER??
At least eturd delivered them in person!!!!
ATRADE SUCKS THE BOTTOM FEEDERS BOTTOM!!!!
Bill???, you tellin' the whole truth here?
Bill, is you readin' a script?
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Post by Deleted on May 25, 2006 21:28:42 GMT -6
i hate to be negative on this co . i have tried not to be , but it appears that this co is more in the favor of the bad guys, then of the stock holders interest ,if i recall the sec. had asked for two more years , to get there acts together , well, lets see i believe we are some 7 or 8 months into that two year period, i have a feeling we will see more extensions if not stalls , if the co wanted to and i believe they have already requested a manual which is available to all cos. for a small fee 200, hundred dollars with a complete list of all stock holders names and share counts and also all cede stocks , so i just think in my old mind that we are just being stalled , i think its time for a little bit of honesty from the co , , i still think they are a great group , but come on give us a break we have been gracious, so please respond as well , p.s yes i too was a c.e.o of a public co. in oil and gas 15 years ago, i know its not easy , there are always problems, but you still have to keep it all in prospective, stock holders should be first concern , thanks i hope i can get my point across without being condecening , good luck and god bless all , timewilltell
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Post by sparkles on May 25, 2006 23:18:33 GMT -6
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Post by Deleted on May 26, 2006 1:18:21 GMT -6
I am upset that they are still accepting certs. Since the deadline was clearly set a long time ago. On the other hand I can't get upset because those are certs from our fellow shareholders. It is not their fault their brokerage is slow and trying to cheat them. I will wait for them. Not that I want to but because we have to.
I welcome the late certs. i agree with the highlighted part of your statement 100% here is one, just one, example of what some of our fellow shareholders are up against. i have a dear friend, she and her hubby requested certs on either the first or second day of the cert pull via phone, she was told many different stories and ultimately thought she had it all fixed and in the end was told something like, they would pull her certs and "hold" them for her and she didn't need to worry about another thing...not even sending them in to the TF..her broker would do everything for her...later on, much much later, she got a letter with a completely different statement in it, and saying she needed to sign the letter and return it to get her certs. she got this letter right before the end of the deadline and thought it was at that point, too late to even try as it would not get processed in time for the deadline. top that off with the fact that both she and her husband are going thru chemo,radiation, surgery and serious problems caused by these procedures while fighting cancer at the same time! at this point, they kind of just threw up their hands in exasperation. they knew the fight against the cancer was first on the list and they were out of resources. this makes makes me realize that some things are more important than having our money two or three weeks sooner. my friend also knows i am also ill, so she didn't want to bother to tell me her problems, and ultimately, she trusted her broker to tell her the correct information...she has not done the research i have and didn't realize everything the brokers are guilty of. by now, she has notified the task force, but i am still afraid for her. how does anyone "prove" that they requested certs? who can prove that you made a phone call? surely the broker didn't bother to document her call? not to mention they are not large shareholders....so the broker probably assumed they wouldn't fight too much with such a small position. however, the position, no matter how small it is, will change their life and there are no people who deserve a break more than these two wonderful people... plus, this is the last thing in the world they should be forced to fight. they should have all of their energy free to fight cancer. well, i know this is long, but i am really concerned about this situation and i am sure there are many other similar situations! while it would be nice to know for sure what was going to happen while we are waiting, the bottom line is this we have no way of knowing the whole picture...no way to know everything that is going on. in a situation like this, our knowing could mess up the entire works...so we just have to "put on our big girl panties and deal with it" rome was not built in a day...how long would we wait if we had to earn our fortune the old fashioned way??[/i] i really do want my money! i want it yesterday. i NEED it. it would help me be able to afford some of the things my insurance doesn't cover and i have been sick for decades...bed ridden for over ten years!!! people i love are going to terrible, soul wrenching jobs every day. BUT, some things just require waiting! if you try to drink your coffee early, all you get is weak coffee. whew, i think i needed to get that off my chest. doesn't really solve anything, but to me, it makes it easier to wait when i think about other shareholders. i really really wish i had the answers, but i also do not think we would be waiting unless it was absolutely necessary. if we trusted this company enough to invest our money, then we need to give them the confidence and time they need to do the job right, and never assume our knowing is more important than getting the job done right. i know this has all been said before! wow, i feel like a cow just stepped off my chest. that really helped. thanks everyone for listening. we will win! we have already won! jocheryl
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Post by diamondgolf on May 26, 2006 5:17:21 GMT -6
One of the several things that bothers me about this update is the lack of follow-up from update to update.
In the last one, he said A-Trade, TDW, and RBC were problematic. He addresses A-Trade in this one, but what about the other two?
Each update should build on the one before and keep some continuity, but they are always just more random "tidbits"......very incomplete.
If anyone has Martin's or BF's ear in some fashion, see if you can ask about TDW and RBC - he brought them up, he should let us know what's going on.
- golf
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Post by drewsbu on May 26, 2006 5:30:50 GMT -6
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Post by ejagacki on May 26, 2006 5:56:19 GMT -6
NANDI: I can already hear the uproar of 1000's of shareholders complaining that after waiting so long to hear from the copmpany - all we get is this piece of fluff! No - I don't think a PR like that would mollify too many... Ed It is what it is, but........................................................ To this day, I fail to understand why someone connected with our COMPANY does not simply issue a PR stating to the effect: "Dear Shareholders of CMKX, we commend your patience and we understand and sympathize with your frustration in the on-going process of the CMKX certificate pull.
"We are not in a position to offer any insight or information at this time, but please rest assured that we continue to strive in your behalf. Thank you for your efforts toward the success of this certificate pull and our beneficial future."What would be so wrong about our Company putting our something like this? Requesting and expecting simple communication from our Company is not out of line or to be considered bashing, or we live in an entirely different World than I had thought we do. n
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Post by ejagacki on May 26, 2006 6:01:30 GMT -6
Bbildman: Wow, Bernie! You are quite the voice of reason here today! Excellent and well-thought-out post, my friend... Ed Everyone, take a DEEP breath. Ok. Now, let us remember none of us is privy as to WHAT exactly is transpiring behind the scenes. That said, who here is to say WHAT, WHEN and HOW the company should communicate with us? Let us ALL remember and think about this:: Does ANYONE here REALLY think all this trouble to get certs requested and recorded is REALLY about Entourage distribution?? There IS a big picture here, and I am going to take the wisdom of the persons running this sting at face value -- without their foresight and endurance (yes, on their part also) -- none of us would be here with bated breath looking to become rich. If the company feels that a PR now would be counter-productive, let's give them that and just relax while they put all the pieces in their proper place in the required amount of time for all to transpire faultlessly. I for one am not about to start clamoring for PRs when the very people we put our trust in from the beginning are basically saying "it's not quite time yet!" Roll with it, brothers and sisters, keep your and hold the Faith!
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Post by ejagacki on May 26, 2006 6:04:19 GMT -6
Diamondgolf: I can't speak on RBC, but A-trade and TDW are one and the same. They merged last month - and are now TD AMERITRADE. Ed One of the several things that bothers me about this update is the lack of follow-up from update to update. In the last one, he said A-Trade, TDW, and RBC were problematic. He addresses A-Trade in this one, but what about the other two? Each update should build on the one before and keep some continuity, but they are always just more random "tidbits"......very incomplete. If anyone has Martin's or BF's ear in some fashion, see if you can ask about TDW and RBC - he brought them up, he should let us know what's going on. - golf
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Post by fishing4diamonds on May 26, 2006 6:06:18 GMT -6
Greetings CMKX Owners Group members, Our office this morning received a second batch of certs from Ameritrade. This bundle of certs included approximately 1,200 certs and most of them had an issuance date of May 15, 2006. Work has begun to have those certs entered into our database. The cover letter says we can expect 200 more in the next few days. We are receiving calls from shareholders wanting to know when to expect the Entourage distribution. I do not have the answer to that question. Many people are wanting to know if they should continue to request their certificates. Yes, you should continue to request your certificates. Once you have received your cert (whether it was issued before or after May 15, 2006) please fax the cert to the Task Force. (www.cmkmtaskforce.com) The company does not intend to deprive any bonafide shareholder of his or her distribution. There has been no extension of the May 15, 2006 deadline. There has been no discussion of extending the deadline. Clearly there are shareholders with extenuating circumstances and all circumstances will be considered by the Task Force. Therefore, continue your efforts to obtain your certs and send them to the Task Force. The Task Force has not met with Helen Bagley as of the time of this update. First Global is continuing to issue certs at the request of several brokers. I expected some word from the company this week regarding a press release. I have not received any information on when the next press release from the company will be issued. Onward! Bill Another fluff Do these guys respect their own deadlines Guess not. Fluff??? You'd rather have gone through the long weekend without getting any info instead? At least they are keeping us informed. This is a lot bigger than most people are reading in to. "Dis is good".
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Post by fishing4diamonds on May 26, 2006 6:19:17 GMT -6
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Post by blazer05 on May 26, 2006 6:20:12 GMT -6
What do you think caused Ameritrade to finally settle? What caused Etrade to settle? Pressure has been applied to them thru each extension and I think that each time that pressure was ratcheted up somewhat. We don't really know what this pressure was but we know from Maheu's past that he does know how to make it hurt. We heard a rumor a ways back that stated we would be given some time to respond to an IPO offer on CIM and some thought that the brokers were delaying to give us less time to make buy or sell decisions on that IPO. Now we hear a rumor that that decision has been taken from us and the company would be buying CIM for us from our royalties. That in itself would be quite a blow to the brokers who were counting on purchasing our rights on CIM and making a bundle out of that. Pressure would certainly have been ratcheted up. Just think of the peer pressure on these hold outs.
Hopefully this is about over and we can continue, but do not think that these holdouts were getting away without paying something.
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Post by handtalker on May 26, 2006 6:33:27 GMT -6
What do you think caused Ameritrade to finally settle? What caused Etrade to settle? Pressure has been applied to them thru each extension and I think that each time that pressure was ratcheted up somewhat. We don't really know what this pressure was but we know from Maheu's past that he does know how to make it hurt. We heard a rumor a ways back that stated we would be given some time to respond to an IPO offer on CIM and some thought that the brokers were delaying to give us less time to make buy or sell decisions on that IPO. Now we hear a rumor that that decision has been taken from us and the company would be buying CIM for us from our royalties. That in itself would be quite a blow to the brokers who were counting on purchasing our rights on CIM and making a bundle out of that. Pressure would certainly have been ratcheted up. Just think of the peer pressure on these hold outs. Hopefully this is about over and we can continue, but do not think that these holdouts were getting away without paying something. My husband and I were just talking about this. I wonder if losing the ability to buy our CIM rights was consequence of holding out too long. I wish we would find out all the details in the end. Maybe some of it will come to light. HT
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Post by diamondgolf on May 26, 2006 6:46:00 GMT -6
Diamondgolf: I can't speak on RBC, but A-trade and TDW are one and the same. They merged last month - and are now TD AMERITRADE. Ed One of the several things that bothers me about this update is the lack of follow-up from update to update. In the last one, he said A-Trade, TDW, and RBC were problematic. He addresses A-Trade in this one, but what about the other two? Each update should build on the one before and keep some continuity, but they are always just more random "tidbits"......very incomplete. If anyone has Martin's or BF's ear in some fashion, see if you can ask about TDW and RBC - he brought them up, he should let us know what's going on. - golf I know....but Frizz singled them out seperately - and they weren't combined when the abuse was going on - so they may have separate issues? Plus, he didn't specify which TDW? It could be TDW Canada with the issues? Regardless, I'd like to know the status of these other two Frizz mentioned. - golf
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Post by fishing4diamonds on May 26, 2006 6:50:05 GMT -6
WHY STILL ALLOW CERTS OR ASK THAT WE STILL CALL FOR CERTS?
As I said before, I believe several hundreds of thousands of shares (once surrendered) are being held in a trust to be used to settle the short position. I believe we exceeded the tradeable float a long time ago, and that special number was somewhere in the 200's on the counter.
Once ALL shares in the trust have been issued, it's blackjack. I believe they are continuing to allow certs to be pulled because there might still be a few shares left in the trust to be used.
Also, I believe the TF wants EVERYONE to continue to harrass their brokers for certs...........because maybe very shortly there won't be any left. And the more pressure the shareholders put on the brokers that have not yet "played", the easier it is to get them to "fold their hands".
This was NEVER about the Entourage distribution. This is about pushing shorty into a corner that he can't get out of. And we've done just that.
We will reach a point where there are no more shares left in a trust to cover the NSS and folks will STILL be calling their brokers to get certs. Wonder what the broker will say to them then?
What a wonderful update IMO. Thanks to the TF for gettin er' done.
f4d~
IMO of course.
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Post by teetime2 on May 26, 2006 7:11:50 GMT -6
I agree f4d...Good to have you back for the now...
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Post by georger on May 26, 2006 7:21:44 GMT -6
Hey CMKM Task Force!
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Post by neba on May 26, 2006 7:27:51 GMT -6
These last Certs are part of the cover.
I sure hope it cost them dearly.
I also figure that there are still alot of unaccounted for over seas shareholders that have been unable to get Certs.
That will produce even more cash for distribution.
BUT I also think that will take much longer to work out.
I think this is easily only the second part of all that needs to be done.
I don't believe anything much will occur for another 6 months or so.
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Post by bugsy on May 26, 2006 7:32:42 GMT -6
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Post by nandi on May 26, 2006 7:39:37 GMT -6
I don't believe anything much will occur for another 6 months or so. neba, Should you be unfortunately correct with your time estimate, we will be burying yet even more shareholders. n
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