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Post by diamondgolf on May 26, 2006 7:41:39 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 If so.....it looks like I picked the wrong year to stop sniffing glue. - golf
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Post by islandtime1 on May 26, 2006 8:05:14 GMT -6
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". >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Island
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Post by neba on May 26, 2006 8:24:51 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 Unfortunately..... you are correct.
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Post by fishing4diamonds on May 26, 2006 8:57:08 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. I call and Ill raise you a stack of people issued certs directly from the company that were surrendered to brokerage accounts with 0 activity since. waiting to request certs once the certs are exhausted. Im willing tpo bet those are the ones maheu has been given authority to sue for when the time comes. which would you rathe have 40k complaitnants or a core group? You win. I fold.
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Post by bbildman on May 26, 2006 9:48:48 GMT -6
Here's an answer to those who want to say let Ameritrade dangle and take them to court...
...folks THINK about what is happening, Ameritrade is being pressured to belly up the $$$$ naked cover cash, that will be part of the $$$$ that flows into YOUR pocketbooks.
Now isn't it a lot more reasonable to allow them a few more days to pay YOU your money, than to do without it and have to take them to court and PAY lawyers???
It's quite obvious that the value of those shares at Ameritrade is pretty hefty, otherwise why would Ameritrade TRY to avoid it.
In the end, Maheu and TEAM CMKX are squeezing them (Ameritrade) so that they can understand and realize the foolishness (both financial and legal) they are trying to perpetrate.
It is in OUR BEST interests -- both financially and legally -- to allow the Team to collect these certs (and CASH $$$$) from the holdouts.
Enjoy your weekend!
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Post by whynotdiamonds on May 26, 2006 10:05:51 GMT -6
When I buy stock in a company I feel like I have hired the management of that company to do what they do....and make me money.
All the people associated with CMKX are doing their jobs to the best of their ability, given the ongoing circumstances, IMO.
Whenever I "hire" a management team I have a tendency to let them do their jobs and trust the outcome as well as the process.....After all THEY, not me, know the details of their chosen strategy(s).
If I want to know and second-guess and worry day-by-day about EVERYTHING they might be planning, doing or not doing............ Well, I may as well start my own company.
My respectful suggestion is.....Let's just let them do the job at hand. After all what else can we do other than creating a big case of ULCERS. lol
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Post by kibert79 on May 26, 2006 10:16:51 GMT -6
...folks THINK about what is happening, Ameritrade is being pressured to belly up the $$$$ naked cover cash, that will be part of the $$$$ that flows into YOUR pocketbooks. bbildman, how do you know that any cash has been paid by Ameritrade? Maybe they are just finally delivering certs. One could speculate, but we have NO actual proof that Ameritrade has "settled" with an kind of a cash payment.
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Post by islandtime1 on May 26, 2006 13:29:23 GMT -6
...folks THINK about what is happening, Ameritrade is being pressured to belly up the $$$$ naked cover cash, that will be part of the $$$$ that flows into YOUR pocketbooks. bbildman, how do you know that any cash has been paid by Ameritrade? Maybe they are just finally delivering certs. One could speculate, but we have NO actual proof that Ameritrade has "settled" with an kind of a cash payment. kibert79, Then why did they fight it so much down to the last day?? Delete positions and generally LIE to alot of their shareholders? Just courious Island
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Post by linedrive on May 26, 2006 13:34:05 GMT -6
bbildman, how do you know that any cash has been paid by Ameritrade? Maybe they are just finally delivering certs. One could speculate, but we have NO actual proof that Ameritrade has "settled" with an kind of a cash payment. kibert79, Then why did they fight it so much down to the last day?? Delete positions and generally LIE to alot of their shareholders? Just courious Island I know they lied to me. If they didn't then they should be put out of business for horrible record keeping and customer service. IMO, They LIED! Linedrive
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Post by nandi on May 26, 2006 15:56:03 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 You may well be correct Ed in what you postulate, however, the shareholder base would have at least that to bitcch about! An in-hand message from the Company that the SH base may feel is insignificant is still a damn site more than we have in-hand now. Actually, it is the lack of simple and basic Company courtesy that is most puzzling to me. I will accept that if Mr. Maheu, in his best judgment, thinks total and complete silence is the best business/leverage tactic to employ, then so be it. But, can you even imagine the pressure that could force our leaders to believe and accept, as a strategic operations endeavor, that of Silence which includes the entire shareholder/ownership base of the Company! Mr. Maheu is of a generation older than I. It was his generation who taught my generation the values we still hold so dear; among these being Loyalty, Saying What You Mean and Meaning What You Say and Keeping Promises. He did emphasize the importance of constant communication from the Company to the shareholders; a simple courtesy in our day and one I would fully expect Mr. Maheu to adhere to. The fact that Mr. Maheu has not performed such a simple courtesy leads me to believe the opposition is beyond horrendous. So, to be here with NO communication is frustrating and troubling. I don't wish to make waves for the Company; I simply desire release from Ignorance. n
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Post by linedrive on May 26, 2006 16:25:53 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 You may well be correct Ed in what you postulate, however, the shareholder base would have at least that to bitcch about! An in-hand message from the Company that the SH base may feel is insignificant is still a damn site more than we have in-hand now. Actually, it is the lack of simple and basic Company courtesy that is most puzzling to me. I will accept that if Mr. Maheu, in his best judgment, thinks total and complete silence is the best business/leverage tactic to employ, then so be it. But, can you even imagine the pressure that could force our leaders to believe and accept, as a strategic operations endeavor, that of Silence which includes the entire shareholder/ownership base of the Company! Mr. Maheu is of a generation older than I. It was his generation who taught my generation the values we still hold so dear; among these being Loyalty, Saying What You Mean and Meaning What You Say and Keeping Promises. He did emphasize the importance of constant communication from the Company to the shareholders; a simple courtesy in our day and one I would fully expect Mr. Maheu to adhere to. The fact that Mr. Maheu has not performed such a simple courtesy leads me to believe the opposition is beyond horrendous. So, to be here with NO communication is frustrating and troubling. I don't wish to make waves for the Company; I simply desire release from Ignorance. n GREAT post! Linedrive
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Post by xtremeriches on May 26, 2006 18:19:48 GMT -6
I wish they would communicate more too but 3 PR's since November isn't bad for a "winding up company" On the surface theres not a whole lot going on except for the cert pull and they have kept us updated about that just fine, were all just wishing for the Bomb PR to confirm all the rumors and were getting really tired of waiting for that.
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Post by eshille on May 26, 2006 19:22:56 GMT -6
So, to be here with NO communication is frustrating and troubling. I don't wish to make waves for the Company; I simply desire release from Ignorance.
The company has held a consistent schedule of communicating with shareholders every two months, if adhered to we are due a pr this month. Given the month is almost over, then the schedule may have been slightly altered.
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Post by doughboy on May 26, 2006 20:13:28 GMT -6
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Post by ejagacki on May 26, 2006 20:52:35 GMT -6
... I simply desire release from Ignorance. n ...as do we all, Nando... as do we all... Hopefully, that clarity we seek is just over the horizon (migosh! Am I turnin into a poet?!?)
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Post by ejagacki on May 26, 2006 20:56:15 GMT -6
Doughboy: Agreed! ...and on 3/20/06, we got a COMPANY PR. I believe we also received one in January '06- as well as Oct-Nov 05 (without taking the time to look it up). That appears to be roughly every 2 months. So, to be here with NO communication is frustrating and troubling. I don't wish to make waves for the Company; I simply desire release from Ignorance.The company has held a consistent schedule of communicating with shareholders every two months, if adhered to we are due a pr this month. Given the month is almost over, then the schedule may have been slightly altered. A update from Frizzle is not a PR from the company.
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