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Re: gosh50 post# 23325

Friday, 06/11/2004 2:13:40 AM

Friday, June 11, 2004 2:13:40 AM

Post# of 358440
I don't think you understand this naked shorting thing.

the point is naked shorting cant be proven UNTIL
we have the count of a/s shares which is coming AND
we move to a new exchange.


1. There's no doubt what the authorized (a/s) is. It's 500 billion shares, a ridiculous figure. GE doesn't have 500 billion authorized.

2. The TA is currently doing a stock audit. We don't know the reason for this. Certainly both Urbie and the TA know how much stock Urbie's issued.

3. None of this has anything to do with moving to a new exchange. The only other "exchange" CMKX qualifies for is the OTCBB, IF it catches up with its Ks and Qs and IF a market maker is willing to sign off on a 15c2-11, and IF the SEC accepts the stock for relisting. There's no way it could conceivably qualify for Amex without doing a reverse split.

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