A few years back I contacted TDW and explained to them that I have a rather substantial amount invested in CMKX and would like to speak with the Sr. Manager of medial relations to explain to me why I am unable to put my certs back into their electronic system as they were the ones who requested the Certs for me. I certainly wish I recorded the entire conversation because the next day I received a call on my personal cell which can easily be verified in the phone records where it came from and I was shocked when I heard the following: This individual told me that they are not going to accept the Certs back but that I never heard this from him because TDW has been defrauded with unregistered certs for millions of dollars. They have been forced to cover these loses, which by the way have already been taken care of.
So if TDW has covered these Certs they accepted in error, and took the loss, where does this put us ?
Does this mean CMKX shareholders are going to receive compensation ? I'm not a lawyer so it would be great to get some input!
This is not some theory but an actual converstaion that took place! Then perhaps there is a retribution as per below which may have some truth to it, but who knows how authentic the below is but perhaps it supports what I have been told.
« Reply #17 on Nov 16, 2005, 2:09pm »
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from Maynard G Krebs.........
has verified SevensBest info from TD Waterhouse!! that we will receive a retribution solution ! Maynard was told this flash came from corporate headquarters to all offices..........
Then he called back and he was put on hold while the rep talked to the reorg department...... he was told that the only thing this rep could tell him is that word from the back office is an .08 dividend!! but that it was not entered into the system yet and until that happens it is NOT official!!
But gang things are looking good !! We have now heard similar stories from other brokerages or banks!! wooooo hooooooo
Joined: Sept 2005
Gender: Male
Posts: 10,179
Location: wyoming
Re: A condensed version of feel good posts;
« Reply #1 on Today at 7:36am »
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gr8:
nice job of putting this all together, and a good idea.. gives everyone a idea what to expect and look for.. I like this one..
FROM KOOLMONEY.... PALTLAK!!
KOOLMONEY just told us that he had a cousin who works for Citi as a financial director. She used to laugh at him for owning CMKX and what it traded at!
She recently asked him if he still owned that diamond stock CMKM? he told her CMKX one and the same!! She asked him how many shares he owned and when he told her (120 million) .... she said wow.... you are going to be filthy rich!!
