CKrush (fka CKRU)

[jonesieatl]

I'm glad I sold the last of my shares a while back ...

... the selling seems relentless. I didn't want to even keep any placeholder shares, if it starts running on news I'll see it and catch up if warranted.

I went through some of
these recent SEC filings (CKRH went filing-crazy this month), at least down thru the Form 4's and pre-14A and on to the
recently filed 10QSB. All kinds of Form 4's, and a pre-14A, something about
a shareholders' meeting.

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1064539

Haven't gone thru it all cuz I'm OUT of CKRH, but there are all kinds of awards,
incentives, high salaries, they just put on about 4 directors and gave them
all a bunch of cheap (10 cent) options, exercisable IMMEDIATELY, and they
gave Dallow and the new CEO Roberts MILLIONS of 10 cent options, exercisable
IMMEDIATELY, and signed some sweetheart 'consulting' deal for quite a large
chunk of cash each year for the next three years with some outfit called
'Philobelle'.

I'd say there might be some heavy selling pressure here for a while cuz,
sans any actual REVENUES .... the way they are paying for everything, their
salaries, the directors, the consultant, etc etc etc is on the back of
shareholders who will be buying these 10 cent option shares on the open
market.

Oh yeah, also something about increasing the authorized share count from
100,000,000 to 300,000,000 and then doing a reverse split.

Most of the time stocks whose filings look like this just don't work out, unless they have some HUGE news percolating in the wings somewhere.

JMHO

jonesie