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Re: gump90 post# 201366

Thursday, 03/09/2006 1:36:39 AM

Thursday, March 09, 2006 1:36:39 AM

Post# of 358431
Get a load of this:

Belgian rumor update 3/8

LUCY_N_DA_SKY1: As of last Friday, the Market Makers, the DTC, and the Chinese, have all paid the money for this combination deal / settlement/ buyout for CMKX, Casavant . A lot of money. A huge amount of money.
Wellmetfellow: 2) It took 3 days to double check and triple check the shareholders list and to map out how to distribute it all to the various brokers through various banks in North America, Europe, and so forth.
Wellmetfellow: 3) After today, his broker in Belgium cannot look into the account after it arrives throught the Federal Reserve 4) He strongly believes it will happen today by 7 out of 10 odds. So, he said there is a 70% chance that it will begin to happen for some brokerages beginning at 2PM EST today. The rest will see it start to happen within about 24 hours.
system, becau 5) There is a possibility that they will push the button on or after the cert pull deadline that has been set for March 15th. Possibility there is about 20%.
se it is "too go 6) There a Federal Reserve rule as well as the Central Banks in Europe, that they can keep the money for a 30 day period in order to collect the interest on the 7.6 trillion dollars. This is the least likely (10%) of all the possibilities.
od protected" fro) Why the Federal Reserve banking system? Because it is the only group of banks that can secure and guarantee that much money.
m electronic i8)There will not be a cert pull extension because all is done, he said
Halasy_Policy: it only lasted about a minute or so
nquiry9) They found that there were 400 billion shares in the free float that were legitimate, and 3 trillion shares proven to be illegal, counterfeit, naked shorted shares. Another 400 billion is Urban and insiders. So there were 3.8 trillion shares total, legitimate and illigitimate. 7.6 trillion dollars is the total settlement.
10) There will be no taxes on this. Because of this being a pay off. Taxes are already paid.

Update by Welmetfellow

http://forums.christiantraders.com/viewthread.php?tid=6029&page=1itas:

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