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Re: Chrisl post# 296623

Saturday, 03/06/2010 12:07:46 PM

Saturday, March 06, 2010 12:07:46 PM

Post# of 359153
You are overlooking a couple of problems.........

Even IF, and that is a big if, CMKX were able to trade again the company doesn't have a business. They own nothing of value and have no business. They would have to do a HUGE reverse split to get the O/S down to around 10 million O/S. Then in order to raise capital they would have to sell new shares further devaluing existing shares through dilution effectively making the current share valueless.

And, of course, they would have to clean up all the paperwork with the SEC which would cost them money they don't have. Not to mention monetary judgements against the company (think race teams) that would have to be paid.

I know Xers don't like reality but there it is.

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