Spokes: Those with that amount probably purchased them at a lower price or in multiple orders. It would take $20,000 - $40,000 to get 50 - 100 million today. I don't think too many people are willing to do such amounts in one shot in a penny.
I don't agree with the complicated theories either. IMO one or more folks are selling. It looks like they've been using JEFF to do so. Rule 144 limits the amount a beneficial holder or insider can sell to something like 1% of the o/s every 90 days. IF they are complying with this, it does make one wonder what's generating all this volume. Might be MM swapping shares.
Nevada very recently (like in late June or July of this year) revised their securities law tightning up registration requirements. I forgot to ask when I called the SoS, but the way I read the revised statute I think CMKX probably has to do filings with them now when they issue shares. Need to check w/ SoS to be sure.
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"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett
