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gtell66: I think the SEC and FBI are the one's charging him with 3rd degree felony securities violations....not so-called bashers
gtell66: I hang out at both FnF and CKYS. That is no secret either.
gtell66: I'm an asst Mod at FnF. I don't hide that.
gtell66: just dont want you claiming I have some special interest in squm in opposing your allegations
gtell66: bashing of JP? LOL. Better read all the posts from today and add many to that list. You're don't give a crap is duly noted.
gtell66: I dont own squm, but I'll be happy to relay your allegation to the ceo of that company so he may respond to you.
gtell66: rather than think, go read and do some DD on current events with squm, and financing arrangements
fishman444: before the conspiracy theories start go read recent events on squm
gator: look at squm financials and their recent loan deal...seriously doubt they are involved in this
gtell66: what are you talking about?
Lightbeam: take two aspirin and come back tomorrow
Benz: That PR tonight was pure insult to injury for shareholders.
Sandvet: Thanks, and yes, I've accepted the losses long ago and felt only through a miracle or the grace of God that I'd ever see my CKYS funds again. I'm okay, I think we helped many to avoid the same fate as mine. I think our team has much more work to do, and more is going to unfold.
LoanStew: thanks for sharing. I imagine we are far from done yet.
Ice: As many of us knew, you spoke the truth and it continues to be validated each day. Today you were vindicated IMHO. A few finally saw the light today and said we on the FnF board were right. At least they had the honor to admit it. That's their way of apologizing. You probably will never hear from the majority of those who relentlessly bashed you, on the boards, PMs or emails. They have no integrity, but take comfort and solace in the fact that you are appreciated by many, you saved many from any losses or reduced their losses as they got out because of your DD and determination. It's been an honor to be a part of this board and do what little I could do in research and DD.
Smartmoney: All of us are well aware that this alleged NEWS release has numerous holes in it. Company PRd monetary receipts of $8.2 million by October 2006, the recent investor video had Jim Plant stating to us all the receipt of $18 million along with shipping 150,000 and 4,000 units respectively.
The controller was not even hired in June 06 with the release of the UAFs. I believe she was hired sometime in September 06 and we are expected to believe that she took it upon herself to forge documents and other material information on her own accord? Now he is trying to tell us he was completely unaware, as he states "without my knowledge".
Wow, I guess we appear to be fools to him.
Sandvet: There are so MANY holes in that news release that I am simply in shock they could public release it. Mr Plant apparently disavowing knowledge that the company received NO payments yet company issued PRs saying payments were received. His recent investor video stated they received $18M in payments! We are expected to believe that a controller just hired in September is also responsible for the June 06 UAFs AND the 12/06 UAFs that Jim Plant signed off on. A newly hired controller taking it upon herself to forge documents? I'm just lost for words, flabbergasted...and to quote Jabberstox word usage on another matter "unbelieveable".
Sandvet: Yes, mixed emotions indeed. I'm an asst Mod here but also a bagholder which means wiped out of the invested funds like the others. I blame myself for not getting out when I KNEW, because of all our DD, that this company was in trouble. I just wanted that last little increase from the pumpers off the GMA TV piece, but got caught in the suspension. Seems ironic that I tried to get just a tad more recovered on the losses at that juncture in February, and end up losing it all. That is life. A lesson Brent doesn't know is we are suppose to be good stewards of our money, our gifts and blessings in life. I was not in this instance and I pay for that now. So I blame myself for not getting out. I blame Jim Plant for enticing us to invest with what is proving to be his falsehoods, unkeep promises, misleading statements, and continued unsubstantiated claims.
I agree. I do not think this is over, and goes beyond Jim Plant, and details will continue to surface. No coincidence IMHO that many of the pumpers have disappeared, or possibly took on other aliases right after the suspension. No coincidence today for the huge sell off. Someone leaked Mr Plants arrest to others so they could dump. IMHO. All day long many of us wondering why the huge sells. Now we know, but others obviously knew beforehand. I believe his arrest and charges are a material event in a public company that was not disclosed to everyone as it should have been. IMHO.
All of us on this Board took significant abuse from so many for simply providing DD of significant facts contrary to the pumps on CKYS board. The only satisfaction I can have tonight is we at least provided information that may have prevented the unsuspecting who visited the koolaid board from losing their money too. IMHO. At least they could weigh the information instead of being solely fed the company line, and be sitting here tonight with significant monetary losses.
Sanvet, those who spewed hate towards us did so willingly. Jabberstox appears tonight and claims not to be ashamed of anything. He/she was one of the most venomous on the attack at least at me on the board and through PMs. I know others were subjected to it too. Those individuals deserve no forgiveness, as they were very willing to do it.
K9: you really are asking the wrong board, but I'll give you an answer to the best of my ability. You have to understand there are only 2 officers of that company, and one director. JP is already is trouble on a 3rd degree felony arrest, but we don't know if the SEC and/or FBI will also go after the other corporate officer, Tom Heaton or the Director. My instincts tell me it is finished UNLESS and it is an IF, Mr Heaton goes unscathed then he may take over the company. It appears he has money, had and does have some sucessful businesses, but he's also closely tied into this mess just by being an officer and executive there. Don't count on it though. I'm not. IMHO
Hennster: my gutt tells me it will grow in scope too..if ya know what I mean....notice how many disappeared from the MB.
Testekleez: You'll notice the Class Code for the arrest was 3F. USDC code I believe means 3rd degree felony. IMHO
The Offense: You will notice the Class of the Offense is 3F which stands for 3rd degree felony, according to USDC codes.
Heenster: Brent already preaching to Jeanette about friendship. Gads, the one who needs to understand all elements of friendship is Brent.
Spins: those spins are starting already...Jim Plant arrested because the FBI just wants to make him look bad, Jim Plant arrested but not charged. Don't they realize that a U.S. District Court Judge has to sign that arrest warrant, and doesn't do it on a whim. Next thing we'll hear is he was arrested by the FBI only for speeding in his new corvette.
twolibras: very interesting DD as the controller who came on board and we met in the SCE video said she had 10 years experience which I found didn't mesh with the accounting in the UAFs of 12/06. Now some really questions come to my immediate thoughts about her reported resignation, but I won't post them here.
Heenster: The enablers are probably in telepnone, email boot camp preparing spins with HQ, or dumped already. IMHO
I'm amazed that some would even buy now...I see yellowdog went silent today...amazing what koolaid can do to people
K9: go to Secty of State website for Nevada. Links are there
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=L6dMOi7uE4m6NRBn5BNEaA%253d%253d
K9: I checked the other day and saw no change at the sos in Nevada.
jking: that's probably well within the ballpark guess IMHO
gilligansisle: doubtful IMHO based on current status...AFs are the only thing to possibly resuscitate this dog.
fenian32: you got to be joking....an honest and current count from the T/A?
Heenster: like I said last week, they can put lipstick on this pig, but it is still a pig
iamhustler: how's it going today...any thoughts on today's dismal outlook
Tomvlasic: like I said, hold on to your emails....you may just need them.
Sandvet: Yep, they are. Gosh, I was wrong last night in guessing .0009 coming based on current affairs of the company. It hit .0007 today. Guess Brent will try to blame me for that one...they have no clue...they need to blame Jim Plant. Oh Brent...IMHO...and I have the grace to forgive you for being wrong.
keepfaith: writing has been on the wall. also, I find it sooooo strange that Liquid has been blasting the company and JP all week, then announces he gets filled for 20M buy at .001...and there just happened to be be a matching trade. Come on.
BookUm: Not making an issue of it. Just stating what appears to be a filing on 3-1-7 to terminate the judgment so apparently it was paid somewhat recently. Personally and IMHO, I find it strange for a company to hire a CFO/COO, who is now just the COO, who had a judgment against the CEO and company assets. You'll also notice that $2306.37 loan from Omega Tel to CK has been paid off along with an "officer loan" of $212.365.00. Heaton owns Omega Tel or did own it. The only other officer is Heaton aside from Plant. Don't think Mr Plant had that kind of money to loan to the company from his personal funds. IMHO
The loan amounts are from the June 06 UAFs compared to the Dec 06 UAFs.
The total of the judgment and other amounts comes to $282,331.27. So IF it all went to Mr Heaton, and he got his money back, then I'm glad for him. He loaned it, he ought to get it back.
Think we will get our money back? LOL
threaltruth10: nice confirming post that a company can make statements and inform shareholders in a positive way
ragsisme: I agree, the end of the month is pretty much standard for most companies to get out their filings and CK should be no different. Those UAFs posted appear to come directly from Quickbooks, as it is a format I see every day, and he signed off on them for whatever reason. When I speak of a statement...I am speaking of something declarative, definitive about current status, most recent events and nothing "forward looking"....no pie in the sky statements or promises. Just the facts as they are now. someone posted a good example below this post.
My decision right now is to hold. Ridiculous to sell at these prices.
Hope it turns out well for you too.