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Oh bs, gump. Twenty or more penny scams have tried the cert pull nonsense. None were aided by the auto pulls by the point and click brokers like this one, but all of them failed.
Not only that, buzz, but since they complied with the magic cert pull, they no longer have accounts to send the magic dollars to.
Ah yes. SSPC. The BATT scam spin off that kept losing their plants, and whose CEO went to the big house.
Buzz-It really adds up when you have fresh meat like White show up.
Return, red? Not a chance. Every penny is gone, and the only issue now is whether Urbie will face criminal as well as civil fraud charges.
My vote is for criminal.
White-odd that it's not filed as a trust then.
Why would cim be important, white? It isn't a public company, and it isn't going to be. Ever.
White-are you deliberately trying to be tedious? This is not a public company. The securities acts no longer apply to it.
The level of agitated and frantic posting on RB is reaching a new height. I think it's sinking in on them.
No, white, they didn't. This stock had no MM's. And "oversubscribed" refers to an IPO with more offers to buy than shares available.
White-odd that the TA records show almost 800 billion shares issued, and not by brokers, eh?
Yes, it is easy. And CIM doesn't own any. It appears that it was set up to fuel the pump with the worthless "spin-off" of the zinc claims, and to provide a vehicle for Urban to launder a million dollars given to CIM for "exploration" of the claims.
Which of course never happened. And since Ron C. controlled CIM, we can make a pretty fair guess as to where the money went.
How could there be value in CIM, white? It has no assets. And, BTW, brokers don't issue shares.
Tsunami's don't effect vessels on the high seas. They only become dangerous when they reach shallow water/make landfall.
White-did you miss the news? The SEC stepped in long ago and revoked the share registration.
The cult's faith in Urban's love and desire to enrich them remains unabated, however.
Maybe we could have a Vegas indictment party when the charges against Urbie are released. His doing the perp walk could be the entertainment.
Acca-will that be released before or after the Citi buyout news?
Jimmy-how many phone calls does it take to overwhelm a two person office.
No, jimmy, it's called more BS from Frizzy who still hasn't figured out how to interpret FTD data.
Jimmy-why hasn't Frizzy made those SEC FTD records public then?
Gump-I haven't been naive since santa days. The only recourse you would have in a naked short scenario if that if you personally were unable to receive shares, or through a futile legal claim that shorty depressed your shares from their "true" value.
Which in the case of CMKX has always been zero.
OT-Hmmm, jim. Just what you would expect from a basher!! I bet he waters his beer and bar liquors too!!
Bashers are like that.
BIG King Macks are running here. Rod benders and drag burners.
OT-What is BCLC pricing?
But gump, I thought that the task farce count was the only official one.
BTW, would you do if (it won't be) a naked short was proved?
Lesco-if you read the TA records that Pedro published you will see that Urbie, his Kriminal Kinfolk, and the insiders dumped every share they possibly could. And since there was six months or so between the last TA totals published and the actual revocation, I'd say that it's a given that those that still had shares dumped them if they could.
I am being constructive, todd, by pointing out the evidence that this is a criminal scam.
The board doesn't matter, bliss. The stock will be worthless no matter where people post about it.
The other flaw, gump, is that you are assuming that there is "a" shorty. Plus you are overlooking the fact that revoked securities have no delivery requirements.
OT-Never did catch one on the flats. Around here we catch them in 10 to 30 feet of water, particularly around bridges. Fiddler crabs are the best bait, and you chum them up with barnacles and green mussels (our latest invasion).
Easily two or three bucks US, jim. You were robbed and you should demand satisfaction.
Jim-now the legal theory is that the "NSS" depressed the share price from what it should have been, and that some group is just going to pony up the money to make all the shareholders rich.
And all without a single legal action.
And how do they pay this staff, enth? They have no revenue. You don't think Pearl is lying again, do you?
Medicin-do you always drink heavily before making investment decisions?
Panther-you have to do a workaround a lot, and enter the "go to" message number.
Pretty pathetic, really, since anybody with the server space and bandwidth could set up a fully functional Phorum message board in five minutes that would have ten times the functionality of the RB kludge.
BS, mel. Their confirmed assets are from overseas scumbags that can be bought for a hundred bucks US.
It doesn't resemble you at all, Janice, except for a certain caustic edginess:)
Investor-well, it is a good case study in mass psychosis.
In case you missed it, Jimmy, the suit against Rocker does not allege naked shorting.
Those zinc claims have been passed around like a bad penny. They go all the way back to PetroPlus.
Our-Street did several pieces on CXN before they got sued into silence in a state court. The company only remains in existence because it continuously does private placements, and it is in several lawsuits filed by PP holders who claim that Halpern misrepresented the company's condition in the PP materials.
Ztrim has essentially zero sales, and the CEO just lied about a kick the tires contract Nestle had with them. Even after it was cancelled (revealed by the "bashers," not the company") they were continuing to tout the relationship.
The only material revenue comes from an internet based matress sales company that Halpern "bought" from his father some years ago, and 95% of that is simply pass through back to dad, cost of sales, and overhead.
This looks like a JAG "recapitalization" all over again, with the predictable errors that always result during these mass cert pulls. Any error will, of course, be touted as a delay due to the naked short. Meanwhile, Halpern's new and old PP holders will be the only people with any liquidity, which I suspect is what this is all about.