News Focus
News Focus
Followers 48
Posts 18920
Boards Moderated 0
Alias Born 04/02/2001

Re: Chrisl post# 296639

Saturday, 03/06/2010 12:43:18 PM

Saturday, March 06, 2010 12:43:18 PM

Post# of 359153
Do you know how much it would cost to hire a transfer agent?

Yes, I hold stock in a private company and they pay an outside transfer agent $800 per month to handle the stock book and transfers up to 20 transfers per month. They charge $8 per transfer for activity above that level which hasn't happened in the past 3 years. $50,000 per month would be the cost of a crooked transfer agent handiling 50,000 shareholders in a publicly traded company with a gazilion outstanding shares with a lot of activitiy. That does't describe CMKX at this point.

When Judge Murray stated get your financials in order and you can continue to trade what did she mean by this?

She meant meet all the requirements of a publicly traded company with proper filings and registration statements. This doesn't describe CMKX at this point.

Even if CMKX were to trade again, you would never recoup your original investment for the reasons stated previously.

And how come you side step the business deal they have with Emerson?

I didn't side step it. The deal has no value and there is no reason to think that it will ever have any vale for CMKX.

Trading doesn't mean a company has any value. CMKX never had any value as a company except for providing illegal gains for UC, Edwards, et al.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today