|
Post by spaz on May 31, 2006 19:43:25 GMT -6
"Due to the indisputable evidence of large numbers of failed deliveries in this stock"
So the naked short has been proven beyond a shadow of a doubt. If the Trust theory holds water, Frizz must know how many if any shares are hidden in the Trust.
|
|
|
Post by medikong on May 31, 2006 19:45:43 GMT -6
I am guessing some certain brokerage houses are going to need their DEPENDS before we do!
|
|
|
Post by pjannetto on May 31, 2006 19:46:02 GMT -6
Very Good Point, Cobra. Still left a back door for their smarmy butts to wiggle through. No doubt at great cost. It's time to take the white gloves off. Name the SOB's in BOLD RED LETTERS. Make them scream "UNCLE"! Forget the wrist slapping...it's time to cut off their hands! IMHO
|
|
|
Post by fastwalker on May 31, 2006 19:49:32 GMT -6
A market cover would be devasting and hopefully the last thing the hold outs would wnat. In the event of a market cover, they would lose an enormus amount of money, especially if an evaluation is placed on CMKX. Guess the NVSE looks really like a bad thing to some brokers..lol
fw
|
|
|
Post by samadams on May 31, 2006 19:50:31 GMT -6
Very Good Point, Cobra. Still left a back door for their smarmy butts to wiggle through. No doubt at great cost. It's time to take the white gloves off. Name the SOB's in BOLD RED LETTERS. Make them scream "UNCLE"! Forget the wrist slapping...it's time to cut off their hands! IMHO I think this letter could equate them being strapped down in "Old Betty" and the electrodes are being applied to sensitive areas... Fix this, or else IBM is gonna throw the switch...
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on May 31, 2006 19:54:22 GMT -6
i know i wrote earlier i would not comment any more , but i cant hold back this thought where in the hell is the S.E,C. what do these people do for what they are paid , my god isnt it time for them to show some interest for the stock holders , wasnt that the purpose of the S.E.C. to protect the small investor , if not then its time for new legislation on this matter , wake up you do 'dos' totaly disgusted with this do nothing organization.
|
|
|
Post by ivory on May 31, 2006 19:56:42 GMT -6
Why Frizzell CC to only 12 selected individuals?? Could anyone explain???Does it look like a TEAM or Committee??TIA ////////////////// Cc: SEC-Leslie Hakala Sue Kelly (House Financial Sevices) Senator Shelby Senator Bennett Senator Hatch Senator Sarbanes Charles Moore-Securities Administrator-Nevada Senator Harry Reid Senator John Ensign Representative Shelly Berkley Representative Joe Gibbons Representative John Porter
|
|
|
Post by controldenied on May 31, 2006 19:58:33 GMT -6
THank you very much Mr Frizzell!!
I especially like how he copied Leslie Hakala (that beeeeyotch)
|
|
|
Post by chaos on May 31, 2006 20:01:02 GMT -6
Once again, Bill never mentioned there isn't a payout based on all the rumors flying around. Could there really be one on the horizon? hmmmmmm Could be a good sign. Bugz didnt other updates earlier dispell that?
|
|
|
Post by tchrguy on May 31, 2006 20:01:13 GMT -6
Why Frizzell CC to only 12 selected individuals?? Could anyone explain???Does it look like a TEAM or Committee??TIA ////////////////// Cc: SEC-Leslie Hakala Sue Kelly (House Financial Sevices) Senator Shelby Senator Bennett Senator Hatch Senator Sarbanes Charles Moore-Securities Administrator-Nevada Senator Harry Reid Senator John Ensign Representative Shelly Berkley Representative Joe Gibbons Representative John Porter Well, Jesus had a group of 12 and look how far He went with them.
|
|
|
Post by mudcaster on May 31, 2006 20:04:54 GMT -6
what else can be said??they have them... ...Mudd Due to the indisputable evidence of large numbers of failed deliveries in this stock, CMKM elected to distribute the 45,000,000 shares of Entourage stock to all bonafide shareholders in what was described at that time as a windup distribution. CMKM has informed shareholders that only shareholders with valid certificates from the official company transfer agent will receive their pro rata distribution of Entourage stock. In November of 2005 CMKM shareholders began requesting certs from their brokers. CMKM is currently a private Nevada corporation in good standing per Nevada state statutes.
|
|
|
Post by royalstarofthelion on May 31, 2006 20:07:25 GMT -6
I have been off line all day , Just now reading all this . I must
say , I worry for the shareholders who haven't gotten their certs
or who have their certs in their names as well as the brokers .
It is obvious the TF doesn't want to distribute share /assets
to these people until this is cleared up .
I find it odd the Friz continuously used the term "cert/certs" in
this formal complaint letter , seems to me the entire word should have been used .
Lets also remember what the Johnson Bank said , the three tier
payment . Unfortunately , these shareholders fall into the last
category , paid last .
I hope , for the sake of the rest of us , that this means the
company will proceed with the distribution ., although it doesn't
say that .
Royal
|
|
|
Post by samadams on May 31, 2006 20:08:28 GMT -6
I have been off line all day , Just now reading all this . I must say , I worry for the shareholders who haven't gotten their certs or who have their certs in their names as well as the brokers . It is obvious the TF doesn't want to distribute share /assets to these people until this is cleared up . I find it odd the Friz continuously used the term "cert/certs" in this formal complaint letter , seems to me the entire word should have been used . Lets also remember what the Johnson Bank said , the three tier payment . Unfortunately , these shareholders fall into the last category , paid last . I hope , for the sake of the rest of us , that this means the company will proceed with the distribution ., although it doesn't say that . Royal
|
|
|
Post by go2guy on May 31, 2006 20:11:38 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." Didn't see anyone answer your question...here's my stab. CMKX sold the claims to Entourage for 45,000,000 shares. Those shares trading in the .20 to .30 range have real value....CMKX is saying "We need to distribute to our Bona-Fide shareholders the assets or value of the company in a fair and equitable way. We are not worthless, so there should be some sense of urgency and fiduciary responsibility on the broker dealer/intermediaries to DO THEIR DUTY and deliver certificates to their rightful owners..."
|
|
|
Post by royalstarofthelion on May 31, 2006 20:16:06 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." Didn't see anyone answer your question...here's my stab. CMKX sold the claims to Entourage for 45,000,000 shares. Those shares trading in the .20 to .30 range have real value....CMKX is saying "We need to distribute to our Bona-Fide shareholders the assets or value of the company in a fair and equitable way. We are not worthless, so there should be some sense of urgency and fiduciary responsibility on the broker dealer/intermediaries to DO THEIR DUTY and deliver certificates to their rightful owners..." g2g , That's the way it should be ,lol . Unfourtunantly it's not happening . Rather then part with money they have chosen to stonewall .
|
|
|
Post by xxed on May 31, 2006 20:20:17 GMT -6
another pondering.. frizz would only write this if things were all doneVery real possibility. Everyone that did not receive their certs have been I.D.'d? And those that have received them are ready for a PR. IMO.
|
|
|
Post by teetime2 on May 31, 2006 20:22:24 GMT -6
Lets get the show on the road, BIGTIMEEEEE>>>>>.......
|
|
|
Post by haney on May 31, 2006 20:30:27 GMT -6
A market cover would be devasting and hopefully the last thing the hold outs would wnat. In the event of a market cover, they would lose an enormus amount of money, especially if an evaluation is placed on CMKX. Guess the NVSE looks really like a bad thing to some brokers..lol fw A market cover could be coming. I recall a year ago, Squirrel wrote a thread claiming that at the hearing, the SEC issued Mr. Frizzell a statement (contained in documents) that said, if Mr. Frizzell could prove a short, they may approve a market cover. I think my memory is correct. Ricky
|
|
|
Post by ksfarmerboy on May 31, 2006 20:44:33 GMT -6
|
|
|
Post by mranum on May 31, 2006 20:45:57 GMT -6
I wonder if Goldman Sachs is one of the unmentioned brokers Frizzell is referring to. Bush just yesterday nominated their CEO as the next Treasury Secretary. This could possibly make for some interesting confirmation hearings for him up on the hill.
Couldn't be a setup could it? Nahhhhh.
Matt
|
|
|
Post by go2guy on May 31, 2006 20:51:40 GMT -6
Time to pay the piper... "Tough assignments are not solved by wishful thinking, but rather by tough action." -Robert Maheu According to the SEC's website, www.sec.gov, "The primary mission of the SEC is to protect investors and maintain the integrity of the securities markets." "We only want to comply with federal regulations and do what is right for our stockholders. If the Commission deems it in our stockholders best interest to forbid us from providing information through filings with the Commission, we will comply," stated Urban Casavant, president of CMKX.
|
|
|
Post by shadowbates on May 31, 2006 21:00:27 GMT -6
I think the letter is not only to put some pressure to those that aren't wanting to or can't play ball, but also to ensure that those who weren't able to get their certs get thier piece of the pie.
|
|
|
Post by St1ck on May 31, 2006 21:00:51 GMT -6
The brokers have handed the TF a stack of certs that have no individual names on them. They're all in the name of the broker who will only distribute them to the most squeeky of the wheels. Many shareholders don't even know about or will care about the measly percentage of the 45M etgmf shares that are publically up for distribution. The brokers are counting on that. Let's let the company announce.. "oh by the way, we're public again and we're worth $1.56 + 10 years of divvies at $1/share each year".. I hope that's the next step.... then we'd be rockin'...
-St1
|
|
|
Post by megamags on May 31, 2006 21:05:46 GMT -6
Why Frizzell CC to only 12 selected individuals?? Could anyone explain???Does it look like a TEAM or Committee??TIA ////////////////// Cc: SEC-Leslie Hakala Sue Kelly (House Financial Services) Senator Shelby Senator Bennett Senator Hatch Senator Sarbanes Charles Moore-Securities Administrator-Nevada Senator Harry Reid Senator John Ensign Representative Shelly Berkley Representative Joe Gibbons Representative John Porter In my opinion he should of CC'd a few more: Financial Post Wall Street Journal New York Times National Post USA Today. etc, etc
|
|
|
Post by go2guy on May 31, 2006 21:09:55 GMT -6
Why do you think we've been hearing rumors that money will be deposited in your account... Was it so that some might keep their account intact and not request certs or disturb their broker? Anyone have any more questions about the company's intent to get the shares out of broker/intermediary hands so that NO DISTRIBUTION GOES THROUGH THEM? It ain't gonna be distributed to your brokerage account!! And it ain't gonna happen SOon... This letter is a shot across the bough...Bill is telling them that we have reasonable evidence to suggest something is wrong and NASD, it is time that you police yourself. We will also copy the SEC, a few Senators and others interested just to let them know that should we need to take this matter before them that we are following the proper proceedure to resolve this problem in a way that maintains an orderly market and integrity in the system...Beware, we may have to bite!
|
|