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Post by tramp on May 31, 2006 18:23:53 GMT -6
By: jay_adobe
31 May 2006, 08:08 PM EDT
Msg. 279280 of 279323
Jump to msg. #
Something to ponder: Now it is public official knowledge that there have been more shares sold to the public than there are physical certificates. Would it not be a prudent next move to publicly announce a valuation so the entities that received the letter would know to what extent the intermediaries are in debt, thus how quickly and forcefully they must act prior to the potential for formal litigation proceedings?- - - - -
By: jay_adobe
31 May 2006, 08:09 PM EDT
Msg. 279284 of 279329
Jump to msg. #
Something to ponder: Forced communication.
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Post by martini on May 31, 2006 18:25:09 GMT -6
If it wasn't Task Force business, it wouldn't be on the Task Force website... Yes but he is clear he is a invited volunteer to the TF and signs it "Shareholder Attorney" |
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Post by victory on May 31, 2006 18:27:47 GMT -6
Can someone tell me what this means?  ?  "CMKX is no longer a publicly traded company. Its stock has not been publicly traded since October 31, 2005 per order of the SEC. All shares should be held directly by the beneficial owners of the stock and not by any securities intermediaries. This is not a defunct company or a no asset company. It is however clearly not a publicly traded security. As set out above, a number of the claims owned by the company have recently been sold for a value of several million dollars based on the market price of the stock which was obtained for the sale of the assets. Management still exists and is active in its efforts to identify its shareholders. Thus, there is no issue concerning “worthless securities” at this time." Could this be China? This is referring to Entourage....IMO |
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Post by eshille on May 31, 2006 18:28:57 GMT -6
Question: How did this happen if the DTC emptied it's vaults of CMKX shares? The Task Force has now received certs in the name of certain brokerage companies. Our investigation reveals a potentially huge naked short position in at least two of the very companies that have sent us certs. The certs sent to the Task Force by the brokers represent billions of shares of CMKM stock. It is not the intention of the company to distribute Entourage stock to securities intermediaries and clearing houses for them to distribute the stock at their discretion. Where did those certs come from if it's a naked short position?  |
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Post by martini on May 31, 2006 18:29:06 GMT -6
By: jay_adobe 31 May 2006, 08:08 PM EDT Msg. 279280 of 279323 Jump to msg. # Something to ponder: Now it is public official knowledge that there have been more shares sold to the public than there are physical certificates. Would it not be a prudent next move to publicly announce a valuation so the entities that received the letter would know to what extent the intermediaries are in debt, thus how quickly and forcefully they must act prior to the potential for formal litigation proceedings?- - - - -By: jay_adobe 31 May 2006, 08:09 PM EDT Msg. 279284 of 279329 Jump to msg. # Something to ponder: Forced communication. I was just thinking about that...how does one get some one to pony up the $$ without saying buy your certs. That might be illegal but valuation sets a nice perfectly clear price tag. Especially when Frizz stated the O/S count in the letter to the NASD & SEC just so they would have that info nice and handy when it comes time |
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Post by victory on May 31, 2006 18:29:37 GMT -6
If it was over there would be no need for this letter. All of the shorts would have settled..so to me this says, it ain't over....IMO
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Post by eshille on May 31, 2006 18:31:44 GMT -6
By: jay_adobe 31 May 2006, 08:08 PM EDT Msg. 279280 of 279323 Jump to msg. # Something to ponder: Now it is public official knowledge that there have been more shares sold to the public than there are physical certificates. Would it not be a prudent next move to publicly announce a valuation so the entities that received the letter would know to what extent the intermediaries are in debt, thus how quickly and forcefully they must act prior to the potential for formal litigation proceedings?- - - - -By: jay_adobe 31 May 2006, 08:09 PM EDT Msg. 279284 of 279329 Jump to msg. # Something to ponder: Forced communication. Well...tramp...maybe it's double hammer jammer time.. |
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Post by whetstone on May 31, 2006 18:32:26 GMT -6
I believe this further distinguishes between the bona fide and non bona fide shareholders so that the bona fide can move on and the non bona fide can take up the fight with Friz and the task force. I see the focus of the task force changing direction to combat the brokers while the company moves on putting even more pressure on the brokers. Every dividend, asset, royalty, etc tightens the noose. In the meantime, the company merges, buys, sells, distributes, or even IPO's. I see some delay but not much. We still need a PR from the company to add to the leverage.
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Post by lurkoholic on May 31, 2006 18:32:50 GMT -6
If it wasn't Task Force business, it wouldn't be on the Task Force website... Duh!....(embarrassing red face).... There I go, looking at the forest the wrong way again...LOL! Thank you Sam Adams Joe |
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Post by haney on May 31, 2006 18:33:15 GMT -6
This is referring to Entourage....IMO Thank you, victory |
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Post by john3339 on May 31, 2006 18:36:06 GMT -6
If you're holding a royal flush in poker, and you KNOW the other guy has the "dead man's hand", HE might think aces n eights are good enough to win, until you call.
Well, the money's on the table, all the raising is done, IBM has the royal flush, and two yet-to-be-named brokerage houses have the dead man's hand.
When they realize they're going to be investigated, and if they lose (which they will), they'll probably lose their SEC license, lots and lots of money, including punitive damages, and MAYBE even their freedom (jail time including a pretty perp walk), they might just roll over and give up and make the deal everyone else apparently has.
Long litigation? I sort of have my doubts. They have more to lose than gain...and if what Frizz's letter says is just HALF true, they've already lost! I say official PR from the company as my WAG tomorrow...and finish my wag with cash on the 9th.
REMEMBER, just my wag.
john
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Post by spidy on May 31, 2006 18:36:28 GMT -6
Well said, I agree!!!! I believe this further distinguishes between the bona fide and non bona fide shareholders so that the bona fide can move on and the non bona fide can take up the fight with Friz and the task force. I see the focus of the task force changing direction to combat the brokers while the company moves on putting even more pressure on the brokers. Every dividend, asset, royalty, etc tightens the noose. In the meantime, the company merges, buys, sells, distributes, or even IPO's. I see some delay but not much. We still need a PR from the company to add to the leverage. |
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Post by Deleted on May 31, 2006 18:37:50 GMT -6
IMO, you are correct, Whetstone.
At least, I very much hope so...
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Post by bosnerdley on May 31, 2006 18:38:38 GMT -6
I believe this further distinguishes between the bona fide and non bona fide shareholders so that the bona fide can move on and the non bona fide can take up the fight with Friz and the task force. I see the focus of the task force changing direction to combat the brokers while the company moves on putting even more pressure on the brokers. Every dividend, asset, royalty, etc tightens the noose. In the meantime, the company merges, buys, sells, distributes, or even IPO's. I see some delay but not much. We still need a PR from the company to add to the leverage. I agree Whet! This could very well be the "line in the sand." Those who haven't received their certs move "onward" with Frizzell and the rest of us head forward with the distribution and any other future plans. IMO |
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Post by eshille on May 31, 2006 18:41:22 GMT -6
Question: How did this happen if the DTC emptied it's vaults of CMKX shares? The Task Force has now received certs in the name of certain brokerage companies. Our investigation reveals a potentially huge naked short position in at least two of the very companies that have sent us certs. The certs sent to the Task Force by the brokers represent billions of shares of CMKM stock. It is not the intention of the company to distribute Entourage stock to securities intermediaries and clearing houses for them to distribute the stock at their discretion. Where did those certs come from if it's a naked short position? Are we talking about counterfeiting securities? |
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Post by john3339 on May 31, 2006 18:41:23 GMT -6
One more thing. Does anyone think this letter was composed and sent without IBM's approval?
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Post by samadams on May 31, 2006 18:42:38 GMT -6
One more thing. Does anyone think this letter was composed and sent without IBM's approval? Mr. Frizzell wouldn't dare lol |
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Post by Deleted on May 31, 2006 18:44:01 GMT -6
One more thing. Does anyone think this letter was composed and sent without IBM's approval? Mr. Frizzell wouldn't dare lol No doubt, it was in large part, written for him, too. For, his writing skills are no where near capable of writing the cogent letter send to NASD. |
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Post by john3339 on May 31, 2006 18:45:41 GMT -6
Mr. Frizzell wouldn't dare lol No doubt, it was in large part, written for him, too. For, his writing skills are no where near capable of writing the cogent letter send to NASD. My thoughts exactly...which means the timing was planned to be coordinated with a deck so well stacked against the bad guys, they have no choice but to forego an investigation. imo john |
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Post by medikong on May 31, 2006 18:46:54 GMT -6
Sooner or later this is going to hit the news media. People need to go to jail and companies need to be hiit hard in the wallet. Thank god we have Mr. Maheu. What a corrupt system the whole stock market is. This is going to get ugly for some. It's been said before..................game over. We win!
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Post by Deleted on May 31, 2006 18:47:48 GMT -6
So run you cur. And tell the other curs the law is coming. You tell 'em I'm coming! And Hell's coming with me you hear! Hell's coming with me! Wyatt Earp (Tombstone) www.imdb.com/title/tt0108358/ |
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Post by bosnerdley on May 31, 2006 18:51:17 GMT -6
And now we know why the bashers are still at work...
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Post by gtajim on May 31, 2006 18:51:33 GMT -6
Question: How did this happen if the DTC emptied it's vaults of CMKX shares? The Task Force has now received certs in the name of certain brokerage companies. Our investigation reveals a potentially huge naked short position in at least two of the very companies that have sent us certs. The certs sent to the Task Force by the brokers represent billions of shares of CMKM stock. It is not the intention of the company to distribute Entourage stock to securities intermediaries and clearing houses for them to distribute the stock at their discretion. Where did those certs come from if it's a naked short position? Are we talking about counterfeiting securities? It's been done before. BCIT. The company had to legitimize the shares. After they were paid for  |
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Post by john3339 on May 31, 2006 18:51:44 GMT -6
So run you cur. And tell the other curs the law is coming. You tell 'em I'm coming! And Hell's coming with me you hear! Hell's coming with me! Wyatt Earp (Tombstone) www.imdb.com/title/tt0108358/I like that quote, especially in this context. Isn't it amazing how one letter can make most of the other threads today IRRELEVANT. We may have just witnessed the publication of the END of the end game. All that's left is for them to pay up and leave the table. |
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Post by kibert79 on May 31, 2006 18:56:22 GMT -6
this is frizzell acting as the owners group attorney, not a task force involvement.. and this complaint is filed as the owners group, not as the task force or from them.. big difference.. read the beginning.. then continue to read everything.. Greetings CMKX Owners Group members, tramp, re-read the bottom of the Complaint. It specifically mentions the Task Force. Sincerely, Bill Frizzell Member CMKM Task Force |
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