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IQ1

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Alias Born 05/09/2008

IQ1

Re: rics1997 post# 256913

Wednesday, 08/20/2008 8:15:21 AM

Wednesday, August 20, 2008 8:15:21 AM

Post# of 358440
Actually I have to disagree.

The same way that a company can request to go Public they can request to go Private and thats what CMKX did.
Sort of like people are being fired at some company one by one due to discrimination, and instead you decide to quit and take legal action.

Subject: File No. S7-08-08

From: THOMAS THORTON, Sir

Affiliation: Bear Stearns Bond holderMarch 24, 2008

My Fellow Americans and Global Investment Community.

The case of the greatest "counterfeit shares." fraud in the UNITED STATES is in my opinion CMKX.


CMKX DIAMONDS, THE LARGEST NAKED SHORTED STOCK IN THE HISTORY OF THE UNITED STATES/WORLD" Trillions of stock shares traded and changed hands UNTIL CMKX revoked itself and had every stock holder pull stock certifcates out of brokerages out of street name and into Investors name to safely hold in their possesion. CMKX is also the LARGEST STOCK CERTIFICATE PULL IN THE HISTORY OF THE UNITED STATES"


I Hope the the SEC did not create a regulational rule during this period the above action was commited to absolve them from liability of cmkx "counterfeit shares." from this company or anyother company that used this tactic to steal from all markets. This naked shorting fraud rule be passed without a second to lose.

Naked shorts in the United States: "counterfeit shares."



Naked short selling is a case of short selling the shares without first arranging a borrow. The Securities Exchange Act of 1934 stipulates a settlement period up to three business days before a stock needs to be delivered, generally referred to as "T+3 delivery".

http://www.usnews.com/blogs/the-collar/2008/4/8/14-charged-in-alleged-stock-scheme/comments/


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