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Grt-let me introduce you to a novel concept; it's called evidence.
Gump-I respect your mining knowledge, but you don't have a clue about how markets work today.
No, the shares in electronic form are not backed by certs.
Are you nuts, makes? Have you ever read a USXP filing? Or the SEC charges against altomare?
Jimmy-did frizzy lie about the two trillion share naked short that he had "credible evidence" of?
Me too, brig, but Urban is a saint. A god-like being who exists only to enrich shareholders. He will prevail!!
Gump-brokers don't store share certs anymore, with rare exception.
Jimmy-neither of which exists. In case you missed the news the CNSS has virtually eliminated paper certificates.
Brig-why do you think we bashed it so hard? We needed to get those cheap shares!!!
No such thing, far as I know Tort.
That's a lie, mellons. It's three billion due from sellers, and three billion due to buyers. And since SHO it's down to around 2 billion on each side of the ledger.
And that's for all t+4 and greater fails for over 9,000 equities.
To: stink sheets
And you are allowing
quotes for the dominion of melchizedek scam why? No fucking financial information, you slimeballs.
NVDS -- Nevada Stock Exchange, Inc.
Com (1 Cent)
Primary Venue: Pink Sheets
Too effing funny. Now it's cash by xmas, eh?
Don't know the basics, eh phil?
Tavy-the revocation will result in billions of fails, since all open trades before it was final will of necessity fail.
Makes-you haven't read the Utah law, have you? And it won't survive the first challenge.
lol, hasher. You've discovered a nest of loons.
This scam hasn't been suspended by the SEC why?
Lungman-those entries, that you will find in every public brokers financial statements, by and large refer to repurchasse agreements, and are generally, but not always, US treasury securities.
I used to used them all the time from the lender of cash side to manage premiums received but not yet obligated to claims. The seller gets short term cash he can use for whatever, the buyer gets a slightly better rate of interest than he would in the general banking system.
http://en.wikipedia.org/wiki/Repurchase_agreement
Link to good Salon article re NSS BS:
http://garyweiss.blogspot.com/
Lungman-they grandfathered pre-existing fails, virtually all of which were from market making activity and from options market hedging, both of which were perfectly legal prior to SHO. When you change the rules, you don't apply them retroactively.
And if you took the time to read the DTCC 2005 annual report you would realize that the dollar volume of any grandfathered fails was trivial.
Lungman-the SCOTUS decision has been widely misinterpreted. It simply established that the proper venue for a class action suit was a Federal court in order to prevent, and not unreasonably, a company from having to defend itself in multiple states all of which have different laws.
Maybe the mighty O'Quinn will stop venue shopping finally.
There is no need to speculate, lungman. By simply reading Pedro's postings of the TA reports one can follow the acquisition and or sale of every single registered share of CMKX.
Those data clearly show that "Urban owns the OS" is a claim firmly founded in BS.
Indeed, tavycal, having seen the original data on which the "50,000 shareholder" claim was made.
Chisox-I'll put $10k us in that pool also.
There is no math to do, stockhound. Frizzy didn't know how to read a shareholder list. He assumed that every account that ever held CMKX still held it.
Actually, nuffie, it's classical Latin.
Well, nuffie, mark starts out with the Frizzy lie about 50,000 shareholders. But mark isn't much brighter than Frizzy.
Try to learn the basics, flan.
You really don't understand this, flantonio, do you. Try and bone up of 15-c-211 filings.
Janice-the TA records show that the "Jade Collection" shares were never returned. Who knows.
Pearl and the DOM probably ripped off a couple of million, and figure it will be under the SEC's radar screen. Not bad money for a flagrant scam.
Buck-these guys would pay a lot for that list:
http://www.newyorker.com/fact/content/articles/060515fa_fact
Yup, roper. Welcome to the gray market.
That's pretty much it, buzz, since Frizzy has zero legal standing in this matter other than being a shareholder. But ultra vires actions do not seen to bother him.
One presumes he got his certs.
Buck-that's just what Frizzy is trying to do with his Owners Group Inc. wanna-be tout company. He has become convinved that mullet farming is far easier and more profitable than the practice of law.
You can also take the Equador mine off of the list along with the 10% CIM "livetime royalties". Urbie defaulted on the mine agreement, and there was never a 10% royalties agreement. CMKX was to get 10% of the profits from the zinc claim which has since lapsed.
Gee, GTC, then why don't you spell out any factual evidence of the sooper seekret hidden short.
I wonder what authority Frizzy is speaking from? Last I looked the task farce is not a legal entity, and nobody has retained him for the phase 3 rip off.
Yet.
Well, GTC, since there is no evidence whatsoever of a short, your what if fails on its face.