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Really moronic, jimmy. The earlier certs were issued by casavant for money laundering. How hard is that for you to understand?
Total nonsense, jimmy. Talk about the SHO list non-evemt. not some BS cert number which means nothing. Did it occur to you, jimmy, that the earlier certs were sold? As in Urban's money laundering?
Post a tough question, jimmy. I'll be glad to answer, unless it's one of your stupid "why are you here" screeds.
easeee-is stoecklein representing you as an an attorney? Be specific. Have your retained him? Has he cleared his previous conflicts?
So answer, easee.
It says assisting, easymonee, not representing. Stoecklein has no representation agreement with shareholders. Did you retain him to represent you? Did anybody?
He does not have an attorney/client relationship with CMKX shareholders.
Welcome, puppy.com. I used to be on some boards with you over at rb. VIVA comes to mind, as does gmxx and a few others. You were such a good puppy!! How on earth did you get tos'd? Group effort by the shills?
No, stockhound101, CIM is not going public. They have filed no form 10 with the SEC, they have no investment banker/underwriter, they do not meet any exchange listing standards, they have no assets or operations, and they are part of the SEC fraud investigation.
So that is definitely not what the UBS error means. UBS also says CMKMRR is a Nasdaq National Market stock. Do you think that's true?
Not true, jimmy. The agreement was that CIM would pay 10% of the net profits of the zinc claim to CMKX-not to CMKX shareholders. Since CIM never did any exploration work (what happened to that million they were paid for exploration, anyway) and allowed the claim to lapse, it's a moot issue.
A NASD complaint about what, libor? What damages will you suffer as a result of this policy, if it is a policy?
So, Jim Bishop, are you saying that acca is a bastard, or an SOB?
Stockhound-first of all, Shapiro now works for O'Quinn. Second, the stock borrow program is used to settle trades. Try and keep your facts straight.
The curious thing, Jim Bishop, is that he arguing the case Pro Se. EATC was one of the mighty O'Quinn's poster child cases for getting the evil naked short.
Guess O'Quinn got tired of getting all of his cases dismissed (12 in ROW) during preliminary motions, and he now figures that get shorty claims are not great contingency gambles.
Junk science testimony on the silicon claims are one thing. Unsubstantiated junk finance seems to be another.
No, stockhound, they didn't naked short it. They sold against converting the CD, which is what the suit is about. It contains no naked short allegations.
And the fact is, the company quit filing required reports which is why they had their registration revoked.
And if you read their SEC filings, they blew the capital they said they needed on, among other things, a huge CEO bonus.
Imagine that.
Tavycal-if one believed in a short-although tons of hard data say there isn't one-then I can see the cert pull making sense, although a cert pull has never, despite company hype, exposed a naked short.
The fax-in piece of it, however, makes no sense to me. The TA records are the definitive source for the share structure and ownership. What if I hire a photoship wizzard to create an authentic looking billion share certificate, and I fax it in. How will they validate it?
The TA records, one assumes.
Exactly, tavycal. The Entourage certificates will need to be individually cut and mailed, a massive, error-prone process that will take months to complete. I don't have any idea how they will be reimbursed unless Casavant ponys up the money, which could amount to hundreds of thousands of dollars at $16.50 per cert. Not to mention that probably 10% of the addresses will be bad by then.
There is absolutely zero logic between this silly cert pull, fax in craziness.
Matrix-when did urban bother about details like filing S-8 exemptions?
OT Investor-that Google subpoena is truly scary, and it's not just an invasion of the privacy of US citizens, since people all over the world use Google. What's really disgusting is that Yahoo, MSFT, etc. just rolled over.
Big brother is truly watching, and listening.
That's pretty much it, fog, and there are any number of places to do that. Business wire is most commonly used. There is no editing or fact checking whatsoever. Whatever is submitted is published, except for obscene rants, obvious crazies, etc.
You can even get PR's issued free through PRWire.com.
Randangie-64 per million is right (45million/703billion)*1million). I assume the 703 billion figure will come down since the casavants still holding shares aren't included (if there are any) and because of the Task Farce's claim that only folks who fax in their certificates will be considered bona fide shareholders. That process still strikes me as the nuttiest thing I have ever seen.
Gump90-from looking at the TA records Pedro obtained, it seems pretty clear that the s-8 process was abused by CMKI. Billions of shares were issued to those Vegas and Saskatchewan mail drop companies with mining related names, tens of billions more went to individuals involved in the old SRCI promotion, and tens of billions were issued to the Saskatchewan auction house where Melvin supposedly once worked.
LOL. Am I good or what:
The letter indicates no member of the task force has been in communication with any broker.....UC is not a member is he?
http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKI&read=98243
Investor-this is the line that will get parsed by the true believers:
In addition, none of the Task Force Administrators have been in communication with any firm as to a proposal to cover a failed delivery in CMKM stock.
They will claim that its secret meaning is that someone other than "task force administrators" are in communication with the brokerages and negotiating a settlement.
Mark my word. It will be claimed before evening's end.
Dunno, Ike. You might want to read the latest task farce update. They categorically deny any settlement of any kind:
Oh dear. Now the folks who haven't received their stock certificates are filing NASD complaints against their brokers. I am sure there is a lot of eyerolling going on at the NASD offices.
Jamsta-particularly since for the "Homeland Security Division" to trade on the BB it would both have to register shares for sale/distribution to the public-and that can take a year in the case of dubious companies-and submit complete audited financials.
Never happen.
Thanks, tsx, that's what I thought. But by "in situ" I was referring to that water injection/ leaching uranium extraction thingee that is used in a lot of mines in the States, sometimes with dire consequences to the aquifer.
http://www.wise-uranium.org/uisl.html
http://www.sric.org/uranium/CUPstat.html
Randangie-what they are missing is that the cert pull numbers are not a simple linear function with time as the x axis, as it should be if cert processing was the limiting factor. It's exponential, indicating a declining number of shares identified per fax and a declining participation.
Indeed, aspen. If anybody is so stupid as to give anybody associated with Pino and the DoM their bank account and credit card information, there is significant money to be made. By Pino and the DoM.
You are aware that Mario has been engaged in financial fraud for over ten years, aren't you?
TSX-can you provide a SWAG of the time frame involved in bringing a potential uranium deposit from exploration to production in Canada? I looked at a lot of US data, and down here-given the security clearances, environmental impact, etc., it looks like 6 to 10 years.
Assuming it is economical, is the Entourage property suitable for in situ extraction, or would it need to be surface mined?
Impressive, aspen. Alejandro has a yahoo mail account. Just like Pino.
Starboy-late "me too" entries into mature markets by zero capital penny stock company are doomed from the onset. It's like a zero capital shell announcing it's going to market grandma's secret bonut recipe and compete with KK. They exist only as story stock, share printing operations.
All the more so when the CEO has a background in fraud and connterfeiting documents.
It looks like not only the average per account is going down, but also that the rate of increase in the count has slowed dramatically. It's not asymptotic yet, but it's getting there. Looking at the plot of the curve, I'll wager it slows down hugely at 250 billion, and dies at 300 billion.
Jim Bishop-and his site doesn't want folks to know who they are:
Registrant:
Domains by Proxy, Inc.
DomainsByProxy.com
15111 N. Hayden Rd., Ste 160, PMB 353
Scottsdale, Arizona 85260
United States
Registered through: GoDaddy.com
Domain Name: BILLIONDOTS.COM
Created on: 03-Jan-06
Expires on: 03-Jan-08
Last Updated on: 03-Jan-06
Advertising what, brussels? CIM is a zero asset shell, it appears, and it looks very likely to be involved in a DOT money laundering investigation. What exactly would advertising attempt to accomplish?
Mark_Leh-I think you are right about Byrne's personality quirks and his sense of entitlement.
I've looked at the company's financials in some detail, and I just don't understand how it's ever going to make money, particularly since about half of the business is essentially brokering for drop shippers. The NY post is reporting today than a number of analysts think the company is facing a severe cash crunch shortly:
http://www.nypost.com/business/60406.htm
And Byrne does nutty things from a business standpoint. He bought back 1.something million sares for $65 million during the same period that the company sold 1.something million new shares for $7 million, which fails Business 101 to my thinking. That was also during a period in which they burned $100 million in cash.
Matrix-under Nevada law, that one preferred share could have had a trillion votes, with no requirements that the shareholders approve its issue.
The more I look into this one the more interesting it gets.
The problem, matrix, is that Nevada doesn't have a mechanism to enforce its securities laws, and these scam companies routinely ignore them. The only real recourse shareholders have is to sue in a private action.
Gump-what would be a good reason to only look at 30cm of an extensive core sample? I guess expense might be part of it, but if you can't afford to evaluate your finds, why go to the bother of getting samples?
Jim Bishop-Pearlasia and Winick routinely used that RA. In most cases the stated physical addresses of the companies were fake.
PayChest Inc.
3533 FAIRVIEW INDUSTRIAL DR SE
SALEM, OREGON 97302 US
Updated list of unauthorized banks
Wall Street International Bank, Inc.
3533 Fairview Industrial Dr., Salem, OR
Banque Suisee Investissement LLC
3533 Fairview Industrial Dr. SE, Salem, OR