ric, If true, I find these events fascinating. It was rumored that Randell Williams was one of Deli's sources for CMKX stock, but also Urban? Just how many shares did insiders dump between July 05 till the official revocation occur, and how many shares dumped by them through Deli and Ines after revocation?
Again if true, I am guessing that a civil trial could prove to be embarrassing for the TOGI, and perhaps not in their best interest. Having Deli or Ines named in a lawsuit could air out some dirty laundry.
Interesting, if West is committed to trading again some of the members of the TOGI may be empty handed. All IMHO.
BD, sorry to say, but a pretty strong case has been established showing a group of TOGI investors unloaded their shares into a third market after revocation knowing that those shares would be considered unregistered securities. Additionally, that third market was promoted heavily through these boards with procurement of those unregistered securities through Deli and Ines. You have already spilled the beans stating that Ines attempted to blackmail Frizzell if certain entities did not stop bashing her on the boards. You further misspoke by confirming that the Steven M. Brewer deli was dealing with was the same on associated with TOGI, who also happens to be the one that purchased a coffee company in South America that happens to be promoted on the TOGI website.
Now, I'm going to stop right here with the rest of the information, but suffice it to say I'm pretty certain that an update on the CMKM website will most likely be available soon, and hopefully it will address these concerns. Get your tops out gents... it's time to spin.
It was basically a “fishing expedition” to illicit a response in order for me to gather information about issues surrounding the bulk certs Deli gained access to and sold post revocation. I first brought Mr. Brewer’s name to the boards over a year ago, with no knowledge as to who he was or what his participation in this was, and had discovered his name in the course of conversation with a Wisconsin regulator investigating the sales of unregistered stock by Deli called me.
What I got soon after this post was a PM followed with an arranged phone call from Mr. Brewer. I must admit, he certainly is a very nice individual, and quite passionate about the work being done by Bill Frizzell and Kevin West. He displayed the same feelings toward TOGI, and the work they are accomplishing.
In the course of our conversation, I explained to him that my main reason for pursuing this was to get confirmation as to the validity of the shares deli sold post revocation. If they were to be cancelled, then I wanted details as to how they were procured by deli and from whom was needed in order for me to pursue deli legally, and I would not stop pressing this until I got what I needed. Mr. Brewer was quite considerate, and assured me that none of those shares sold by deli would be cancelled… NONE. Although I respect Mr. Brewer’s opinion in this matter I asked for this in writing from Mr. Frizzell and/or Mr. West. Needless to say, Bill and Kevin were not prepared to do so at this time according to Mr. Brewer.
In the course of our conversation Mr. Brewer was kind enough to explain his involvement, and I must admit it appears to have started very innocently, not unlike BrainDamage’s description of having done the same. In essence, they saw the writing on the wall, and decided to dump their shares. Mr. Brewer had a significant quantity of shares he held personally, and sold the bulk of them to deli with a smaller portion sold to Ines. Apparently, deli wanted more and asked Mr. Brewer if he knew where he could get some. Mr. Brewer told him that Urban had 4 billion that he wanted to sell if he wanted them. Now, the game was on. Mr. Brewer described how he acted only as a middle man in the transaction that occurred between UC and deli. Apparently, this happened on at least one other occasion with UC dumping an additional 4 billion shares. Again, all of this occurring post revocation.
During my conversation with Mr. Brewer, the deli cert supplier shifted to Mr. James Kinney shoulders. In the process of acting as middle man to these transaction, it was discovered sometime in 2007 that the stock powers were forgeries, at which point Mr. Brewer’s involvement ceased. But, deli continued dealing directly with Mr. Kinney, and upon procurement of a final 7 billion shares from Mr. Kinney deli stiffed him accordingly. I guess it couldn't have happened to a nicer guy. Mr. Brewer further described how deli had personally forged three certs, and that is what the SEC is working on currently.
Given this information, I concluded that Mr. Frizzell would have no choice but to cancel those shares, but again Mr. Brewer told me that they would not be cancelled. He continued to inform me that neither Mr. Frizzell nor Mr. West would talk with deli, at which time I said it would be foolish to talk to him if they were to add him to the list of roes and does. Curiously, Mr. Brewer stated that deli would never be added to the suits as there would be nothing to gain by it.
Personally, I pass no judgment on Mr. Brewer’s motives to assist deli (and to a lesser extent Ines) in the post revocation sale of unregistered securities. His reasons are his and his alone. And, as it appears Mr. Frizzell and Mr. West are convinced that Mr. Brewer is innocent of any wrong doing, I will defer to their understanding of the matter, and look forward to them addressing it expeditiously.
I must say that I have no way of determining the validity of Mr. Brewer’s comments, at the same time, I have no reason to believe that he lied. Again, I look forward to the company discussing this soon.
