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NO!! Don't tell Zen!!
There is a pink sheet there, the Cayman Islands Water Company.
The Daily List notice GIVES a payment date: 24 September.
We may get a firm date for the distribution of shares and sometime before then he will reveal what we all need to know...Time will tell.
How do I "explain" it? How many times have I answered that question for people too lazy to look up the disposition of the case?
The lawsuit was a SLAPP action and it was dismissed by the judge. Subsequently, AZNT/ANTD was successfully sued by the SEC. CEO Mike Sylver now owes the Feds about $2 million. To add to his troubles, Sylver now faces two criminal prosecutions brought by the State of Nevada.
Now can we put this to rest? Or do yet more people want to look foolish?
AZNT was a scam. I helped bust it.
What?? I guess you didn't understand my post.
I've never said I'm trying to "save" anyone. I find the CMKX story interesting and amusing, and I'll stick around to see how it plays out.
If anyone happens to learn anything along the way, well, that's all to the good.
Look at [Glenn's] clients...see any pinks? see any stock scams? see any massive dilution and investor deception?
You can't "look at" Glenn's clients. All that's available at the website is a short list of Edward and Angell's most prestigious clients.
And why is that "unbelievable", considering that the post in question was one long lie?
I have a great deal more self-respect than you do, evidently. I don't stoop to gutter language, and I don't make physical threats.
You do realize I could report you to the cops for this and several of your other posts, don't you?
I think you need to consider who may actually be "stealing" from you. Who has your money?
Not me.
Chicken!!
No four letter words were used nor any fowl language.
btw, how could I possibly "manipulate" shareholders outta their shares?
You don't seem quite rational. Is it true that you quit your job because you were convinced you'd soon be a CMKX Gazillionaire?
Just be very, very careful about libel, Topo.
Why frustrating? If you want to read posts from RB, you can go read them there.
No. It isn't at all like cash.
'm saying that we are NOT dealing with stock dividends here but, rather, another company's stock. It might just as well be cash.
First of all, the stock in question is restricted, and so can't be turned into cash for a year, unless somebody wants to buy it with the legend attached.
Second...it's more like a commodity. As I said earlier, it could just as well be a crate of oranges or a barrel full of marbles. Shorts, if they exist, can't be expected to supply these commodities. They have nothing to do with the stock they actually shorted. No connection to it whatsoever.
And once again, no...I don't think there's any significant short position here. Just a shell game that's become so complicated that no one not on the inside can figure out what's going on with all the "dividends".
Nor have I. So what?
It makes no difference whether I was wrong or right. I never once told anybody to buy, sell or hold any stock.
I'm not the KoolAid vendor here. Search out the Kapslock Kids.
If Urbie could prove a naked short, he could have moved to force a squeeze long ago. Why didn't he do so? Why is an attorney required?
That's why they need help.
I have seen you advocating sending complaints to the SEC and now you post that they are inefficient!
I don't think he did it for the money either. But I can think of NO good reason for him to have agreed to do it.
As I said earlier...remember that religious affinity scam that sucked in a Rockefeller and Paul Simon?
Who suggested he's complicit in securities fraud? He doesn't act FOR the company. Maybe he's now just trying to straighten out a real mess.
Why would you assume that the Casavants hold more than necessary to retain control? There isn't any money in it for them if they don't sell to outsiders.
No. The stock in question was RMIL, back in 1998, and the SEC agent was Pat something... She left to go into private practice.
I know about this from friends who were very much involved with RMIL; I was busy with MTEI at the time.
I've moved back to the States, but I'm not working for anyone.
But that wasn't the figure they gave.
Ooooooooooooooooo NOOOOOOOO!! Fishing!! Ed Salmon!!
He's a securities lawyer. Why on earth wouldn't he "mention" it? That's why he DID it. To get valuable experience.
That's a good point. But the number that results from a calculation based on the figure offered isn't a round 500 billion, nor is it even close.
But wouldn't the A/S be a good place to start? With no O/S information, they might default to A/S.
In addition, I don't think the Nasdaq arbitrarily assigned a payment date.
"He began his legal career with the Securities and Exchange Commission, where he conducted investigations for the enforcement division."
Why do so many of you think that's a Big Deal? Just about every attorney who wants to specialize in securities law puts in a few years (usually very few) with the SEC. That's one reason the SEC is so inefficient: the turnover is enormous. I know of at least one investigation that was derailed when the enforcement person in charge left for private practice.
It doesn't mean he has friends in High Places at the SEC. Probably no one he knew when he was there is still there.
LOLOLOLOLISSIMO!!
...she's superwoman if she posts for "more than 40 hours a day".
The wonders of multitasking...
You never seem able to separate truth from lies, do you, Blue? How many crappy little penny stocks were you wrong about over the years?
I didn't toss Bluediamonds. Ask Matt if you don't believe me.
Hey, I didn't say it made sense. It makes no sense at all.
With this much stock outstanding, no way is there a significant short position of any kind.
I'll ask again--and no one has ever replied effectively--why short naked when you can get a borrow? And a stock that's got nearly 500 billion shares out has PLENTY to borrow.
Naked shorting only makes sense if a stock has a very, very small o/s.
Care to offer your "proof"?
Janice is a proven paid Basher.
The fact that Glenn was indeed on vacation was corroborated by several other posters. Did you miss that?
Sorry. Wasn't me. I find Bluediamonds, who seems to exist for the sole purpose of reposting hype from RB, quite tiresome, but I've never tossed him.
Attorneys never tell anyone why they took on a case. Attorney-client privilege and all that.
Maybe the whole thing is more straightforward than we imagine. Could be that someone Glenn knew recommended Urbie. Glenn understood that CMKX wanted to relist on the OTCBB, and agreed to help.
Maybe Glenn's just fascinated by the whole idea of diamonds.
I think one thing's certain, though: we'll never find out why he was willing to represent CMKX.
As I said before, beats me. Why was Glenn's hiring announced when he was on vacation?
Have you ever worked with an attorney? They're not really interested in seeing everything YOU think is important. And they don't always ask the right questions.
I can't imagine what Urban could have "shown" Glenn. There's agreement among those familiar with mining in Canada that he has no way, of yet, of proving that he has anything valuable in the way of economically exploitable minerals.
I mean this in the nicest possible way, raven, but.....have you ever spent time in a psychiatric facility?
LOLOLOLOLISSIMO!!