Did you read the reply from the SEC?
" The SEC's complaint, filed in U.S. District Court for the District of Nevada, alleges that from January 2003 to May 2005, CMKM improperly issued up to 622 billion shares of purportedly unrestricted stock."
This implicates the Certs should not have been unrestricted by the TA and it was their duty to contact the authorities to investigate such a large amount of money.
Also "These issuances allegedly were based in large part on both written authorizations and attorney opinion letters prepared by Brian Dvorak, CMKM's lawyer, which were often inadequate, suspect, and inconsistent. Nonetheless, the complaint alleges that based on these faulty documents, CMKM's transfer agent, 1st Global Stock Transfer LLC, and its owner, Helen Bagley, issued stacks of stock certificates without restrictive legends."
Again red flags the TA saw red flags, yet they did not inform the authorities that something was wrong. Yet a bank suspecting their customer having a fake cheque will hold it for a duration of several day and ensure everything is legitemate.
Yet after contacting several TA's I have learned that there is no defined format or security on any of the Certificates as they can be any size or shape as long as the TA's name is somewhere on it. This means that I could be printing hundreds of them using my HP Laser printer and including the TA's name on them.
Its no wonder TD Waterhouse no longer accept the Certs which we have requested through them. Those on the inside know the real story to TD Waterhouse and the millions they lost due to Certificates. I know exactly what happened.
Now "The SEC's complaint alleges that Edwards, his associates Kathleen Tomasso and Anthony Tomasso, and Casavant's cohorts James Kinney and Ginger Gutierrez then deposited the certificates with various broker-dealers and sold the shares into the market. NevWest Securities Corp. and its employees, Anthony Santos, Sergei Rumyantsev, and Daryl Anderson, are alleged to have sold more than 259 billion shares of CMKM stock for Edwards, despite numerous red flags indicating a massive unregistered distribution."
Why would "The SEC charged all of the aforementioned participants with violating the registration provisions of the federal securities laws. In addition, the SEC charged CMKM and Casavant with violating the antifraud and various reporting, record keeping, and internal controls provisions."
Its all illegal and fraud !!!
Our current Stock Market has allowe them to steel our money.
How many other companies have done this and flew off to Switzerland ..... ? How many are doing this right now....
To top it off Bill knows we have NSS because of the documents he has the privilage to view. He is currently still collecting enough evidence to have no doubt that NSS has taken place and how high.
I'm betting with enough evidence there will be another lawyer that will step in to take things to the next level to assist him with this ...
Having this information go public will damage the Stock market incredibly. Its wise to have this mistake covered behind closed doors as this huge number of people is not something anyone is prepared to deal with.
AI
