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if posters were...
the ones listed in this complaint as "associated individuals", of course action can be taken against them...
you have to be clear as to "who" knowlingly spread false statements in relation to the charges.
Of course, anyone can sue anyone...and if one feels as though the actions of another brought harm to them monetarily, they can sue, as long as they can get a lawyer to pursue the case!
Dan
FACTUAL ALLEGATIONS
11.
Starting on November 14,2005, and continuing through March 14,2007, CyberKey and Plant carried out an elaborate scheme designed to stimulate the market for CyberKey securities. CyberKey and Plant used press releases, penny stock trading websites, e-mail spamming, and print advertising to broadly disseminate a number of false statements to potential investors. These false statements included that: (a) CyberKey had received a $25 million purchase order from the United States Department of Homeland Security; (b) CyberKey had actually delivered flash memory devices to DHS; (c) Cyberkey had actually received millions of dollars in payments pursuant to the order; and (d) CyberKey was in the process of preparing audited financial statements for public release "in the near future."
you are right, perhaps the 90 days..
was mistaken for a security suspension, when it really is for an exchange suspension....
gl
Dan
when i said you will trade on thursday...
i want to be clear...on thursday, March 22, this stock will trade on the "grey market". There will be no MM's, and the trades will be matched trades between your broker, and another. You will be able to trade it, but it may be difficult to get a bite. i have asked the question at CKYS, whether anyone sold it, and I did not get an answer.....well, i think one guy said he sold on the first or second day. once the days went on, the stock fluctuated and retailers were really able to buy, not sell. someone was selling, but retailers seemed to have a difficult time.
good luck
FYI..link to full Exchange Act.
http://www.sec.gov/divisions/corpfin/34act/index1934.shtml
it cannot happen. 10 days max...
it is a rule in the Securities Act of 1934, section 12(k)
Securities Act of 1934, section 12k
Here is an excerpt of the rule:
Trading Suspensions: Emergency Authority.--
1. Trading suspensions.-- If in its opinion the public interest and the protection of investors so require, the Commission is authorized by order--
A. summarily to suspend trading in any security (other than an exempted security) for a period not exceeding 10 business days, and
B. summarily to suspend all trading on any national securities exchange or otherwise, in securities other than exempted securities, for a period not exceeding 90 calendar days.
here is the link~~~> http://www.sec.gov/divisions/corpfin/34act/sect12.htm
Now...as I understand it, subsection B was implemented after 9-11.
We are under Section 12(k), subsection A.
that is it. So then the order came out about the 35 suspensions and claimed the full 10 days.
you WILL be trading Thursday the 22nd...
and the SEC cannot extend a suspension.
The suspension ends one minute before midnight on Wednesday the 21st of March.
Those are the rules.
that is how it reads. eom
what a jab!
i revisited the hank posts with responses.....
you had to see the praise that guy received after I said "The video was good, but that hank guy needs work!"
man did i get slammed for saying that. The PM's I received after making that comment!
"He is here to help us!" "Why would you say that!?! you are damaging your own investment!" "How dare you call Hank out like that! He is a friend and someone we should respect!"
WHAT!!!!!!!!!!!!????????!!!!!!!!!
Then the public messages were something like...
"Thank you hank for your hard work, you did a great job! Glad you are here."
Of course Madmax, me and others were saying, "Hank, you should not post here. Seems to be a conflict of interest."
Funny how he is back.......
Dan
lol! i was thinking the same thing!
yep...way overcompensated.
of course, if SCE is holding shares STILL, perhaps ol'hank did not get his full take.
BUT
what promotion firm DOES NOT sell as soon as they get shares?
they all do! otherwise, they do not have a well run business!
I thought the first rule for the promoters is to SELL the shares as soon as they get them...
EdFrank....it is hard to trust anyone!
but since i don't care much for Mr. Skolnik, i will take your word for it, and move on.
I don't want to contact him, because I don't think it is worth the phone call out of the US.
I am just waiting for the suspension to end, to see where this is headed.....
thanks Ed.
ya...i got out at .015
cost basis at .0215...not too bad.
but i was just disappointed in this one. well, i have been disappointed in many recently.
i don't hang around too long if i "smell a rat"...i just smelt it a bit too late...lol
well, i didn't get caught up in the suspension, thank god....
i feel bad for the good peeps that did....
i found it...thanks..
i just did a member directory for lehat2000....on yahoo...
there is no information for that email address. how are we to know that is ol'lehat himself?
EdFrankie...
what is the lehat email address for Mr. Skolnik. i am trying to find it in a search of this board, and cannot locate it.
well i did not get the hint...
or the "slap across the face" as it seemed to you...it took the increase in authorized shares, and the drop below the 50 dma for me to realize....
sold after those 2 things. the video was, in my mind, just another attempt to prove that they exist as a viable company. i am not saying that it was done well, but hey, what do you expect for a pink sheet stock? that was what i was thinking.
good of you to know right after the video. you are smarter than me.
Dan
i know you were echo....
but seriously....SamllCapEngine's roll should seriously be looked at in the grand scheme of things
CKYS would be little to nothing..
without him....
very telling.
perhaps the FBI should know this?
so,...who is the third party? i would think..
hank knows. the investors that are holding the bag would like to know.
thank you Todd...
i put it in Word format so I can archive it before any deletion. That is very telling.
Now, how does this all fit in. Who were the connections that CKYS would be little without?
Dan
He came here one day...
and claimed that CKYS would not be where it is without his contacts for the Government contract....I think. But, those messages were deleted, i think.
I bet we can get IHUB management to revive those very important posts.
Let me see what I can do.
Dan
if we cannot discuss SOMA on this board...
why is this pic in the IBOX?
shmolty...that was priceless! eom
ok...at 98% loss...
doesn't make much sense, i agree.....but how much does the 2% equal? rhetorical, but still look at it. can that be put into another stock where it can double? and then perhaps grow 20% again?
What if you lost that money holding, through a reverse split? that is bound to happen, since the trading seems to have proven that there are more than 200 mill in the public float.
Remember, through a massive 2 reverse split action, i was left with 7 cents in another stock. but before BOTH splits, i could have had about 1000 bucks. a thousand could have purchased some stock in a listed company, or could have gone into a CD that I could have purchased at my local bank for my son later in life.
just food for thought.
there is no reason to put a poster on ignore....
that is like burying our heads in the sand and only reading what we WANT to hear, instead of hearing the GOOD AND THE BAD.
just makes no sense at all. We can pretend that there are NOT those that disagree with us, but if we do, we will be the one's left behind.
my 2 cents
Can
i'm a father, not a partier...
so, i watch the NCAA tourney instead, and click over to this site for humor...man did i have a great laugh last night.
serf..what the hell?
who is the freak in the photo?!?
lol..here you go..
here is a definition...i love it
and it is so true..
"B-BOY STANCE - An ancient pose used by the hip hop & break dancing community in the 80's. The most popular stance is that of the arms crossed in front with hands under each arm pit while standing with head tilted slightly back. Although nobody of African American heritage does this anymore, it is mostly being kept alive today by out of touch white comedians and actors trying to act black. Usually accompanied by either a weak rhyme, beatbox or the term "yo"."
that beat is fresh...word-up...
oh, i thought we were bringing this back to the 80's...
hey, we still gettin in the B-Boy stance?
There is no...
hip hop artist that will take the name Massive "G" seriously, IMO..
As we all know...the G almost always stands for Gangsta..
as in OG..."Original Gangsta"...that, by the way, was Ice-T.
so...Massive "G" means Massive Gangsta...
uhh....reminds me of Fat Bastard from Austin Powers...
wait...i am laughing again...
"Get in my belly!!!, I'm gonna eat'ya!"
uuhh...geez! or as serf sez...Eeek!
oh, and the PR with the "Don't get it twisted"...that was a phrase from the late nineties....a bit old....some of us just come late to the game i guess. And...."Where in it to win it"...well that is a play on the Hillary Clinton presidential bid speech to an African American crowd...another "johnny come lately" phrase...
i don't think Russel Simmons would ever use those phrases in his corporate PR's....let me check Def Jam for a minute...
Dan
EDIT: i looked at my favorites, and saw this f-ing POS there...
i use it for entertainment value..i am actually laughing at this time...out loud...
i cannot hold it in...lol
oh man!
EDIT...i have tears in my eyes....this is way to freakin funny....it would be funnier if people didn't lose money in this POS
i think i want to kiss the blarney stone!
Happy St. Patrick's Day....
no go my children, go and get drunk!
if i can shovel myself out of my driveway....
oh ya, and GO GATORS! NCAA mens tourney future 2007 national champs!
i see it...thanks...
**SEC Suspension ....................... http://www.sec.gov/litigation/suspensions/2007/34-55237.pdf
Unaudited Financials Update .................... http://biz.yahoo.com/iw/070315/0227406.html
CEO James Plant Arrested ............... #msg-17961709 ..... #msg-17947870 ..... #msg-17939625
i don't know when it was up...but if it was before my post...i am sorry to the mods...
thanks for the addition to the ibox.
it is absolutely amazing...
that the MOST IMPORTANT news currently about this company is left out of the IBOX. and you are the only one to agree with me.
I just don't get it.
if i were mod..
the FBI and arrest info would be in the IBOX
well....frank passed away..eom
STOP IT...I JUST SPIT UP MY COFFEE..EOM
the only thing that has to be accounted for...
is the tax loss. If the investor took a capital gains LOSS on his/her taxes, then during the settlement, that will need to be accounted for. That tax loss may need to be "given back" to the IRS if the individual received ALL the money originally invested back.
this is false...
those that were duped by the lies from agents of the company will be able to take legal action against the company for damages.