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Why bother arguing with this guy. He still thinks CMKX is a real company with a check coming.
Ok, I didn't think you believed that. lol my bad
Reasonable thoughts??? Are you really serious or just pulling our legs. CIM no longer exists as a corporation. It's state corporation status was revoked years ago. There is no CIM. Anyone saying it will IPO is an idiot at best. Not to mention you can't IPO any company that had already issued 80 billion shares. No one would touch it with a ten foot pole no matter what it had or sold. IPO as it's wording states is an INITIAL PUBLIC offering. Not a company with shares already issued in the magnitude of CIM. But again CIM no longer exists. The state of Nevada revoked the corporation status years ago.
Well, I can see it being a women. Would fit right in with Abadgoodgirl, Tuscansun, and Ivory just to name a few.
Are you sure you aren't one of those that helped set up these scams. you can sure twist what people say like they do. I never said the market was pure white. I said these scams lied to cover up their scams and it worked. Proof is you can go tto any scam and it is the same thing. NS this and NS that while the scamming CEO's steal them blind and in the end it is stil NS this and NS that while they walk away with the money.
That has nothing to do with whether the market has problems or not. Just how the scams have brainwashed people into believing it is the markets fault for them ripping you off.
I have seen the post in the past that said he was which was over two years ago. Don't know where it came from or it's validity so I don't need to question his post. But don't know or care if that document was in fact this John Martin and don't care.
But I didn't post the court link, GOB did. Not sure why he posted it either, have to ask him that.
lol, well since you asked. Not sure if he is an ex-con or not but I have a strong feeling he pulled a great con on the shareholders with the owners group. But of course I can't prove that with anything other then what message board posters posted right after they started the TOGI.
But you asked and thats my opinion of him.
Yes, when Nuf doesn't fuss at me for talking about tyler, lol
More on 76 (GOB's board) now
Sure, go ahead
The power of belief over the facts:
It amazes me. All these pinky scams have used NS as an excuse to rob their shareholders blind and it has worked. Never has one of them ever proved NS and in fact the data proves that NS wasn't even a factor in the stock. But they brainwashed their shareholders so deeply that facts don't matter. It is a lie and our beliefs are true. It doesn't matter it is unfounded belief set up by the scammers and their message board pumpers that told them over and over again that it isn't massive dilution but rather NS that was making the volume huge. And when people show the facts like with the FTD report, the NOBO/OBO, and the total volume then that data was fudged to hide what the market did to us.
All the while the CEO's of these scams run off with the money and the shareholders are still blaming the boogie man instead of the crooked insiders and their IR's who set the blame game up.
But hey, it works so why shouldn't they blame everything on a boogie man so they can get away scott free making the shareholders think they can get their money back from the market instead of the one that actually stole from them.
And Ex-Clearing has nothing to do with it. It is the newest way scammers are trying to get around the fact they have been proven wrong over and over again. It is hard to scream NS when the data proves them wrong so they had to come up with some other scam to get around the truth. And when people finally get a clue that this is a lie they will find something else to blame their flawed data on.
And MM's swapping so called spit definately has nothing to do with NS. It may be manipulation if found to be true but has nothing to do with NS.
scot
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[ Exalt | Smite ] SEC Information, My Senator obtain for me
« Thread Started Today at 10:27am »
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As we discussed, I am sending further information about the SEC's civil action it filed against CMKM Diamonds and others in April 2008. This complaint involves an alleged scheme to issue and sell unregistered stock of CMKM Diamonds. See http://www.sec.gov/litigation/litreleases/2008/lr20519.htm. See also http://www.sec.gov/litigation/litreleases/2009/lr20855.htm. The SEC alleges, among other things, that as part of the scheme, issued false and misleading press releases. Paragraph 46 of the complaint alleges that, "n early January 2003, CMKM asked shareholders to hold their shares in certificate form 'indefinitely' to help the company combat naked short selling." The staff is seeking various remedies, including disgorgement.
We cannot predict whether or not the SEC will be successful in bringing this case and obtaining the remedies sought. Nor can we predict when the litigation will be concluded. Since the filing of the complaint, the SEC has settled with CMKM Diamonds and several other defendants. Investors, who are interested in monitoring the litigation, can do so through what is known as the PACER system, available through the website of the U.S. District Court for the District of Nevada, see https://ecf.nvd.uscourts.gov/cgi-bin/login.pl. Access to PACER requires the creation of an account (you can register at http://pacer.psc.uscourts.gov/).
I note that the SEC civil action against CMKM Diamonds and others does not allege manipulative naked short selling. Instead, the complaint alleges that certain defendants were telling investors that naked short selling – rather than their own conduct - was causing investor losses. In addition, let me note that monetary and other penalties that the SEC may seek depend on the fact and circumstances of the individual case, are outlined in the federal securities laws. For example, see Section 21 of the Securities Exchange Act of 1934, http://uscode.house.gov/download/pls/15C2B.txt.
For your general information, as a part of its equitable powers, the court in a SEC enforcement action may order a wrongdoer to disgorge all gains from the illegal activity. The purpose of disgorgement is to prevent the wrongdoer from profiting from his illegal acts, not to reimburse those who have been injured by his conduct; and there is no requirement that disgorged funds be used for investor restitution. In some cases, when a court awards disgorgement and penalties and the SEC staff is able to collect the disgorgement and penalties, the SEC may set up a distribution fund, so that any disgorgement or penalties that the staff is able to collect will be awarded to injured investors. Although the SEC seeks disgorgement and penalties against certain defendants in the CMKM Diamonds litigation, the Court has not yet entered any judgment awarding disgorgement and/ or penalties.
The SEC does not seek a specified amount of disgorgement or civil penalties in its complaint and the Court will order the amount of disgorgement and penalties that it deems appropriate. Because we are in litigation, we cannot comment further on this issue other than to direct you to the information that is publicly available in the court files. In general, if the SEC is successful in a civil suit in which it is seeking disgorgement and collects the money that the Court orders to be paid, the staff may set up a disgorgement or investors claims fund. This requires that the Court approve both the plan and the recommended receiver. The plan should include information such as the claimants eligible to receive a portion of the amount collected.
Investors in any SEC action can monitor whether or not a fund has been established by checking our Investors Claims Fund page at http://www.sec.gov/divisions/enforce/claims.htm. You also can do a general search to see if any distribution plan has been posted for comment. You may be interested in the SEC Rules that address disgorgement plans and Fair Funds at http://www.sec.gov/about/rulesprac2006.pdf. Fair Funds refer to the provision of Section 308(a) of the Sarbanes-Oxley Act of 2002 that provides that the Commission may file a motion in the district court to have civil penalties paid by a defendant "added to and become part of the disgorgement fund for the benefit of the victims of such violation."
You should understand that the SEC staff member cannot predict whether they will make a motion under this provision in the event that it successfully obtains funds ordered disgorged. Our response provides general information only and is not intended to be a substitute for, or relied on instead of, the actual federal securities laws themselves, or advice of an attorney. It should not be considered a complete discussion of all the possible issues arising under the federal securities or other laws I hope you find the information helpful. Sincerely, ROBERT T GREENEOffice of Investor Education and AdvocacyU.S. Securities and Exchange Commission100 F St, NEWashington, DC 20549-0213(202) 551-6331
Lets say a boxing promoter that has no clue about security laws is right. That the FTD website which shows ever real company with fails is wrong when it clearly shows only 186 million fails at it's hight not to mention you could borrow 703 billion shares and there was no need for fails except when a pump was on. Lets assume the NOBO/OBO is wrong which showed only 23 billion shares left on it in April 06 right after the cert pull. And lets assume common sense is wrong and what the SEC lawsuit states that Urban used NS to scam his investors.
Other then it being a moral issue if there is fails, why concentrate on something that means nothing to you legally. There is absolutely no legal grounds for shorty to pay you anything or even be held to any law for NS CMKM to death. You can be disgruntle all you want but it means nothing to you financially. Other then idiots in Pal-Talk thinking it does.
You can not list one law that said they couldn't NS CMKM. Not one. And the only Reg was Reg Sho and CMKX never qualified for Reg Sho while it was trading.
But the facts are clear and have been posted. Not assumptions or stupid sampling but facts in the form of two documents. The FTD report and the NOBO/OBO. FACTS
Put down the Koolaid and stepp back. He was the one who said he didn't know after the fact. After people told him his numbers were bogus.
Because that is client information that is never released to the public or any company without written consent by the client. If I buy shares through a broker, then no one is allowed to see my accounts wothout my consent.
Then you should look at Freestar, another scam Glenn was in and the BCI lawsuit where they sued Glenn over past management stock deal gone bad that Glenn worked on. They did go after him because he covered his azz. Dvorak worte the opinions and Glenn said that the opinion were valid. So Dvorak gets the hot plate.
It doesn't matter if they refused which they would. They would never give out client information like that or they would be sued to death. But what does it matter. If you don't know then you don't know. No matter what the reason is.
If he doesn't know then he doesn't know. He didn't say I know what it is or even how close it was. He said he didn't know. Then a month later he said well it proved around 50 billion from the summer numbers. Way off the 2 trillion he help trap thousand in the stock from that statement.
Thats because even his used a fax in during trading as a random sample and it wouldn't qualify for a sample in any math.
Roger Glenn was part of the con and it wasn't his first. He helped Urban dump 300 billion shares.
I can't help you don't understand how a distribution works but again the market does not set ratio period. The company does and has to set it long before the actual distribution. there is no way to determine shorts off the ratio number and the shares you got.
10/27/2005
FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
E-Mail jmartin@cmkxownersgroup.com
Greetings Group Members,
.
.
.
.
Many people are again asking about the naked short issue. What is the true naked short? I do not know what the true naked short position is because the brokers have failed to respond to my requests for short positions from them.
.
.
.
Onward,
Bill
No he didn't say no FTD and never has, he stated he didn't know how many fails there was. But the NOBO/OBO and the FTD report clearly showed what the fails where.
CIM did not prove nothing. It was all a lie and that was what Urban did best. What he convinced people was that a dividend proves a short and it doesn't.
The market absolutely does not determine ratios. Thats a fact. The company determines the ratio and must post it before the dividend is issued. The ratio is determined by the number of shares os divided into the O/S. This is done by the TA and then sent in prior to the shareholder of record date. What Urban did was tell shareholders there was this many shares but didn't tell them he was keeping shares for him, Edwards, and friends which throws the numbers off but look like a short if the market determined the ratio which again it doesn't, period.
He absolutely did retract that statement. And I posted it here for you before but you refuse to except it. The first PR he did after the stock stopped trading clearly stated he did know how many fails there was.
Entourage Suit adjurned in Jan 19th yet no one was told this.
See document provided by nufced below
roflmao,
So you started a company by going public through and IPO? I bet not. You got a financial institution to take you public through an IPO when you had nothing but a start-up? People are claiming NS destroys start-ups which obviously mean they have no clue about how an IPO works.
Try reading what I said.
If it's profitable then it more then likely will never see shorting unless the stock is over valued but other then that, yes stocks have nothing to do with a company doing well. All stock price does is show the health of the company but stocks don't effect the company itself. The pps and whether there is shorting or not is an indicator of how well a company is doing. Shorts should tell you that it's a bad investment because the market sees something you obviously don't.
Here is what many in the pinksheets don't understand. the market was never here for start ups. If you don't have the experience or the backing to get capital through normal channels then you probably shouldn't be starting a company. that is why banks do checks to see if you can run a profitable business.
The IPO was designed to take a company that is already in business that is already making a profit and allow it to grow with an infusion of capitol.
The market was never for start ups and that is the reason most exchanges require a business to have profits for so many quarters and be in business for at least some period of time.
But there are scammers on the pinksheets that have bought up dead shells so to make money off of shareholders with false beliefs. Where the CEO pays himself millions for nothing while claiming to make you rich. And it works.
Stocks don't determine the value of a company, That's silly. The value of the company has to do with it's profits and the way that the company is run. Obviously the more shares on the market the lower the price of the shares but it has nothing to do with the companies value. It doesn't matter if you have one share or a billion shares the value remains the same. Dilution only devalues the pps of the stock not the company's value and whether you have shorting or dilution it doesn't effect the companies operations or profits. Shorts don't destroy a company. That is only one of those false facts that NS gurus use to work up their followers. Only a poorly ran company drives a company out of business and attracts shorts.
A company that is run properly and makes a profit attracts real investors and runs off shorts.
It's because he is short sheeting, lol
It is hard to see any of these people doing the right thing when they use something like NS to hide the fact they themselves are doing something wrong. And Patrick may be just using NS as a marketing tool but I guarantee it is nothing more then that. How many pinky followers bought into his company either through buying shares or buying products to support his cause. That is the only way he could ever sell his overpriced products he claims are discounted.
But his friends in the NS battle are worse. Like Bud Burrrell using NS while USXP was dumping unregistered shares and claiming they won a 7 million dollar lawsuit against NS when it had nothing to do with it. Or Bobo's scam using NS while his involvement in Novastar. Not to Mention Patchy and Jag Media.
But the worst part about it all was none of these azz holes told their followers that you shouldn't buy these scams screaming NS. It wouldn't even matter if they weren't scams. You don't buy in these cases yet these people were not only not telling their followers this but in most cases lead on that you should buy. Making them worse then the crooks themselves because of their claims of saving the market.
Then you have Patchy's employee Judy Cline going from one scam to another screaming NS while the company stole it's investors blind.
And all of these characters are tied at the hip yet helped thousands lose their life's savings. Now that's sick.
UBS is where Urban held his account.
From what was stated Glenn has sleezed his way out of this because he supposedly didn't actually write the opinion letter. Dvorák wrote them all. All Glenn did, yeah right, was confirm the opinions of Dvorák. that is why Dvorák is included in the SEC complaint and Glenn isn't.
Glenn seemed to cover his azz the way it sounds but then too he has some inside influence.
Yes, Urban and Edwards. That is why the SEC is disgorging them.
Absolutely not. Of course the 623 billion unregistered shares have to be part of the 703 billion o/s. Unregistered shares are issued shares by the company. Unregistered has nothing to do with anything other then shares sold on market before the restrictions to be sold were lifted. Nothing more.
I find screaming at a women always works at getting them to tell you what you want to here. rofl
Ron White, but then too he runs around with Larry the Cable Guy
I always liked this one better
Speaking of LOLOLOLOLISSIMO, The cult members of CMKM which that gives all penny stock investors a good name, started a I love you board for Urban Casavan. It already has over 200 members who are telling Urban how much they love him and how much he means to their families. These people are truly scary.
http://urbansworld.proboards.com/index.cgi?board=comments
Well the thousands I get in a way because they were so conditioned on NS. But what amazes me is how he got the richest of the shareholders at the texas tea party to donate 6 figures with one shareholders (Optimistic) donating $275,000.00 alone. Not to mention the story about how Stoecklien convinced Frizzell to join the Task force and it wasn't about counting shares either.
You would be amazed if you knew the truth about Frizzell's involvement