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Thanks.
Don't feel so bad.
Your previous post really rings true. I know it is a concerted effort but that executive order makes it clearer.
Bottom line here is when the audited numbers come out nobody in thier right mind can bash the stock, something we apparently all agree on.
OK somebody posted the 5 day chart before. It was different.
Wow! That does make it clearer. We are shorted 25-30 million dollars. That is probably 5-8 times the float. We just placed an ad in the super bowl program guide, our MSNBC campaign is heating up, there was the NASCAR print ad last week and we are to be on Good Morning America this week which was expected to generate 700,000 phone calls. We were about to break out.
I think this means when the audited numbers come out we will see major short covering.
Yes proof of contracts and an audited financial report is the issue. Since they have retained an accountant lets hope that is a good sign. My feeling is those two items will make us fly.
I don't think he wants personal information being publically posted.
Well they retained the accountant so I have to figure they are doing them at this point.
No, not if we get the audited financial shortly after. I would expect us to trade better than FTRM when we resume trading.
The point is if CKYS is also vindicated then we can expect a dramatic rise in price when we start trading again like FTRM. It means we have proven the contracts and revenues with audited financial statements. That should make you happy.
Janice has already proven incorrect about FTRM. That stock was suspended by the SEC and it resumed trading today and went up a lot. Lets assume he/she doesn't have an agenda at least we can assume they are sometimes wrong!
FTRM came off suspension today and it went up quite a lot. That is encouraging.
Once they get thier answers the stock will rise. If they don't get thier answers it obviously won't. Audited financials and proof of contracts will be a positive resolution and remove all uncertainty about the stock.
Yes they issued a PR.
Jabber is correct he already has a NOBO from what I understand.
I can verify that Jim Plant had told me there was 25-30 million 'dollars' shorted here as well less than 3 weeks ago. You realize that is probably 5-8 times the float.
If they allow it to trade on the pinks then they most likely answered all the questions.
Well if CKYS goes back to trading then they answered the charges why would there be a panic sell. If they didn't answer the charges then it is another story.
Time will tell all here.
Also strange that it comes right after an ad in the super bowl program guide and when the company is to be featured on Good Morning America this week.
No I don't. I asked if he'd been engaged yet and he said he got his retainer last Friday.
I believe they had paperwork already but had not received the retainer. That is a far cry from making up govt contracts and thier sizes. Seems strange that they even would pay the auditor if the numbers weren't real.
That they've given him money and he is engaged to do the audit. I think he was given paper work prior to that date.
I have confirmed that Michael Bongiovanni, the accountant was given the retainer last Friday. Just got off the phone with him.
Phrenz, I agree that we need to get to the bottom of this and I am not saying all is good. I have confirmed that Michael Bongiovanni, the accountant was given the retainer last Friday. Just got off the phone with him.
All I am saying is that if CKYS answers the complaint by proving govt contracts and the numbers then this thing will rocket when we re-open for trading because all of the uncertainty and doubt would have been removed. If not we are screwed.
The other issue is if this will somehow cost us the GMA coverage. That is huge coverage for a stock this size.
If CKYS is vindicated (and I think they will but time will tell)I think it should be investigated as to whether the filers of the complaints acted in a coordinated effort to attack this stock. Sounds like Racketeering to me. If it turns out that the ring leaders of the effort are from Canada then I view that as an act of economic terrorism no different than if they were from Suadi Arabia.
Smartmoney77
Well don't you think if CKYS proves govt contracts and rvenues then investor doubt has just been removed by the SEC?
I'm not going to waste my time continuing this. I'm not saying we were halted because of shorting I am saying the people that made the complaints were shorting us.
If CKYS proves the contracts etc. then all will be well.
I thought that is what the audited financials were for.
I'm not going to get into allegations but it is my speculation that a group of people on IHUB have coordinated the complaints.
Now well have to wait for the truth.
I don't agree. Call up SFNN's TA they won't reveal share structure and it doesn't come from the company there either. Besides share structure isn't on the complaint.
They were in the process of doing an audited financial statement so that would have proven revenues.
Ultimately I have know way of knowing if CKYS is a fraud or not. Based on what I've seen I don't think so.
And like I said I think this complaint was initiated by a group of IHUB posters that are mostly from Canada and involved in illegal naked shorting.
Either way we'll find out the truth soon enough.
No I don't think so. I think this was a coordinated effort by a group of IHUB posters. I had questions and concerns but outright fraud wasn't one of them.
No I don't think so. I think this was a coordinated effort by a group of IHUB posters. I had questions and concerns but outright fraud wasn't one of them.
Why are you asking why don't they prove it? The stock was just halted. The SEC wasn't asking them to prove anything prior to this morning. You are acting as if they refuse to prove it. They were doing the A/F's to prove revenue. Lets see what happens.
I'll copy and paste penny for you.
CKYS has to Prove This to the SEC
Company has to prove the following
(1) the company’s purported contracts with the Department of Homeland Security and/or other government agencies,
(2) revenues received pursuant to those contracts, and (3) accounts receivable generated by those contracts.
I understand but in this case it would prove the govt contract and revenues so it would end up being a positive unless of course they can't prove it. After all we've been waiting for audited numbers to make this sail.
If these complaints were from an organized group IHUB posters and they prove to be BS complaints and it costs us the Good Morning America coverage then they are the ones that should be in jail IMO.
The complaint was specific. If CKYS proves contracts with the govt and revenues then the SEC just removed all uncertainty about this pink and the PPS goes up IMO. If not then there is a problem.
When all is said and done I think CKYS will prove contracts and numbers. I also think that the initiators of the complaint will be revealed as a group of IHUB posters mostly from Canada that are connected with the naked shorting of CKYS. Of course this is just wild speculation on my part.
Wow you take such pleasure in the ptential pain of others. You're a real winner.