DONALD STOECKLEIN DEPOSITION, 1-24-06
In said deposition, Donald Stoecklein testifies that a naked short expert from Oregon with 25 years experience told both Bill Frizzell and him that a 14 to 1 short position exists in CMKM stock.
That means that for every one legitimate share that exists, 14 naked short shares exist, which in turn means that numerous naked short sellers exist.
In said deposition, Donald Stoecklein testifies that they obtained a NOBO list and the number of CMKM shares on that NOBO list exceeded the number of CMKM shares on the list of 1st Global Stock Transfer, which in turn means that naked short sellers exist.
If the analysis of the naked short expert and the NOBO list are accurate, then "the reported high trading volume in CMKM stock" would have "reflected extensive "naked short selling" rather than ordinary stock dilution."
Two Pounders
