|
Post by noahltl on Oct 4, 2005 20:34:38 GMT -6
"A similar Assignment was executed by the Company's wholly-owned subsidiary, Crown Financial Group, Inc., which has ceased its operations as a broker-dealer and on September 30, 2005 filed a Uniform Request for Withdrawal from Broker-Dealer Registration with the Securities and Exchange Commission, the National Association of Securities Dealers, Inc. and various jurisdictions."
|
|
|
Post by noahltl on Oct 4, 2005 20:37:50 GMT -6
Noahltl..why would he do that? This info deserves remarks and chatter. Well hermann, best GUESS is he couldn't afford to pay the rumored settlement and threw his short on the DTCC's back.
|
|
|
Post by holdnolonger on Oct 4, 2005 21:13:05 GMT -6
I've always thought that before CMKX would take off, that the money trail from illegal NSS would have to be stopped and settled before anything else could happen, priority # 1. One of many things IBM is here for. The makets are showing all the signs now(atomospheres and boiler rooms have defininately been conditioned. Now how will this money come back to CMKX shareholders is a different story and is planned IMHO. As bad as things look for SGGM don't be suprised if this is where all that money is being pooled from all the NSSr's, and somehow, someway it gets to us CMKX shareholders. JMHO
|
|
|
Post by hermannmaier0 on Oct 4, 2005 21:25:41 GMT -6
Noahltl..why would he do that? This info deserves remarks and chatter. Well hermann, best GUESS is he couldn't afford to pay the rumored settlement and threw his short on the DTCC's back. thanks Noahltl, i was actually refering to Krankers locking of the thread. i guess they already had one going. thanks for the answer anyway. - H
|
|
|
Post by gosh on Oct 4, 2005 21:46:36 GMT -6
question in my mind and any help is appreciated
if this goes to a trustee to handle as it appears it is doing...
how does cmkx get a fair share.... we should be first on line but i fear by the time we prove our place the money will be divided
help thoughts thanks
|
|
|
Post by thecwexperience on Oct 4, 2005 22:17:28 GMT -6
cmkx is about to explode!!!!!!! wooo hoooo....... ;D ;D
|
|
|
Post by hermannmaier0 on Oct 4, 2005 22:18:44 GMT -6
Gosh
somehow, I bet that Maheu and associates are not suprised by this, as they would have been able to follow the Edwards/cmkx share trails to crown, if any are significantly there. IMO, IBM and team would be likely to anticipate such a BK move if it were a scenario that could be played against cmkx's interests.
If Edwards isnt a friendly, I hope he bought into Crown with the money that is due cmkx. And that directly or through a creditor, that money comes full swing to cmkx,,,and in the wake, Crown is rendered obsolete for any misdeeds.
Similiar to how Knights derivitives dept was sold off to Citi? Who knows if this is related to cmkx at all. But we see two suspected shorting outfits parting with their means of opperations. They say Knight was paid for their dept by Citi. But do we know where that money went? Could that money have gone to settle some of knights NSS debts? And Citi aquires the deptartment. Just quessing here...sleepy quessing.
|
|
|
Post by holdnolonger on Oct 4, 2005 22:43:34 GMT -6
Herman,
NITE,CRWN,JEFF, and many firms seemed to have handle the NSS in there on way.They each have lawyers and choose different avenues. Some anti'd-up quick and others stalled. The question is. How many more are out there that haven't settled or been cornered yet by IBM. The thing is theres a bunch of them and all that money is going to one place when the final one is ronded up.
|
|
|
Post by hxpe on Oct 4, 2005 23:05:48 GMT -6
Gosh If Edwards isnt a friendly, I hope he bought into Crown with the money that is due cmkx. Herman: . I believe it was Columbo who showed that Edwards is the single largest shareholder in Crown. In fact, those holdings at one time made him a billionaire on paper.
|
|
|
Post by john3339 on Oct 5, 2005 3:07:30 GMT -6
John3339..is it time for the greatest transfer of wealth in history, yet? Do I dare say I think it's getting close? Based on opinions from several I trust, we may be on the threshhold of something bigger than our wildest dreams. But this is all pure spec-o-lation...undiluted Kool Aid (if you will). and everyone will tell you, ya gotta be careful with the uncut stuff! I think the NSS issue has to be resolved...the trading irregularities need to be explained. and all the "Daddy Warbucks" with money in the hedge fund community need to be ID'd before it's our turn for a payday. But these things could happen within a day I think. What I would be careful of, is accepting lists of numbers and accepting someone's assignment as to what they mean. the post that brought me here, claimed too be from Columbo's group, yet it looked susiciously like the lisrts of raw data brought to us by Pedro. A follow-up post even had Pedro's "signature" "." at the beginning of the line! Hmmmm. Just be careful of your sources of information. Make sure you see what is really there, and not just someone's sugestion of what they want you to see. jmho john
|
|
|
Post by john3339 on Oct 5, 2005 3:52:54 GMT -6
CROWN: All your assets are belong to us!
|
|
|
Post by moodswingtrader on Oct 5, 2005 5:06:56 GMT -6
John3339..is it time for the greatest transfer of wealth in history, yet? Do I dare say I think it's getting close? Based on opinions from several I trust, we may be on the threshhold of something bigger than our wildest dreams. But this is all pure spec-o-lation...undiluted Kool Aid (if you will). and everyone will tell you, ya gotta be careful with the uncut stuff! I think the NSS issue has to be resolved...the trading irregularities need to be explained. and all the "Daddy Warbucks" with money in the hedge fund community need to be ID'd before it's our turn for a payday. But these things could happen within a day I think. What I would be careful of, is accepting lists of numbers and accepting someone's assignment as to what they mean. the post that brought me here, claimed too be from Columbo's group, yet it looked susiciously like the lisrts of raw data brought to us by Pedro. A follow-up post even had Pedro's "signature" "." at the beginning of the line! Hmmmm. Just be careful of your sources of information. Make sure you see what is really there, and not just someone's sugestion of what they want you to see. jmho john Hmmmm .... and Pedro is one week on vacation ... hmmm lol
|
|
|
Post by ericdraven on Oct 5, 2005 5:25:07 GMT -6
Is it only me or does anyone else get a warm and fuzzy when another maggot bites the dust?
|
|
|
Post by cmkxmoney on Oct 5, 2005 6:40:31 GMT -6
I wonder who the assignee, is going to be? Funny, if it were Maheu!!
|
|
|
Post by noahltl on Oct 5, 2005 7:02:01 GMT -6
It's the real "columbo".
|
|
|
Post by mineralsrus on Oct 5, 2005 7:35:02 GMT -6
Re: UMM excuse me mr edwards?*Crown Financial « Reply #37 on Today at 6:17am »
-------------------------------------------------------------------------------- If Edwards still holds those restricted shares in his trusts and Crowns Books show a short against those shares then UC has every right to cancel those shares. UC knows those shares are restricted Me thinks this may lead to an announcement of massive retirement. JMO ~Phx
|
|
|
Post by senna on Oct 5, 2005 7:37:43 GMT -6
Noa---I am glad you posted that just like I was when Particle posted the Nasd takes over the Nasdaq's OTC...these are serious thngs going on and IMO Jeffries could be next. There are a lot of companies that have been counterfeited but none has the distiction of having a short of 1.8 TRILLION to 2.3 TRILLION.
We will be heard from because I believe if it weren't for Maheu all of this would not be going down. It would be business as usual, borrow shares with no intention of paying them back because the DTCC doesn't care it looks the other way and also makes a profit wait till the average citizen knows that it will be the biggest scandal ever. To the off shores/MMs it was like printing money but with shares they can go up in value.
If this were 1.8 to 2.3 TRILLION in cash it would be on every front page but since it is in shares it is different. In time IMO CMKX's name will be talked about because now we know of just how high of short or counterfeit shares we have more then any other company. The actions taken are very strong and serious I believe they want to take this all down ASAP so they don't hve a lingering problem.
What do you think the other roughly 18-19 MMs are thinking today...the Feds could come rushing through the door at any minute and I believe they will in the next few weeks. I am very happy to see this going on because we also have 11 state's AGs that are investigating themselves but as a group, that is not connected to the Fed level so they can investigate what they want and where. It will be fun watching this one... senna
|
|
|
Post by peterg2000 on Oct 5, 2005 8:38:21 GMT -6
John3339..is it time for the greatest transfer of wealth in history, yet? Do I dare say I think it's getting close? Based on opinions from several I trust, we may be on the threshhold of something bigger than our wildest dreams. But this is all pure spec-o-lation... undiluted Kool Aid (if you will). and everyone will tell you, ya gotta be careful with the uncut stuff! I think the NSS issue has to be resolved...the trading irregularities need to be explained. and all the "Daddy Warbucks" with money in the hedge fund community need to be ID'd before it's our turn for a payday. But these things could happen within a day I think. What I would be careful of, is accepting lists of numbers and accepting someone's assignment as to what they mean. the post that brought me here, claimed too be from Columbo's group, yet it looked susiciously like the lisrts of raw data brought to us by Pedro. A follow-up post even had Pedro's "signature" "." at the beginning of the line! Hmmmm. Just be careful of your sources of information. Make sure you see what is really there, and not just someone's sugestion of what they want you to see. jmho john I drink my poison straight , I just use the koolaid as a chaser ! LOL Pete
|
|
|
Post by dreamer on Oct 5, 2005 11:01:00 GMT -6
I hope Maheu had something to do with this.
|
|