Thoughts...
Four things that we need to prepare ourselves for or be aware of now:
#1 and #2 - Let's Be Prepared.
1) "CMKX anticipates a formal request for documents to be issued by the SEC in the near future."
So let's go in with the hope that matters can be resolved in 2 weeks, but keep this statement from the pr in mind so no one panics in 2 weeks if it extends beyond this. This quote is certainly fair warning for us.
2) Such a large part of tonight's discussions across the boards focus on the 703 Billion o/s, the 2032 shareholders and the word "excluded". Guys, it's worthy discussion but I'm not sweating it. This can so easily be clarified by a simple phone call to the T/A or Andy on Monday.
If such a phone call confirms the 703B is the total o/s for EVERYBODY and that the 2032 shareholders listed is comprised of Cert Holders and Brokerages that hold all of our shares in street name, then the 703 Billion figure is what it is.
If this simple question leads to a 'no comment' reponse or they tell us there is indeed more information to come about the share structure...then it will be time to get interested in this issue and hope they clarify it soon. But only if they respond this way to a Monday phone call could matters be contemplated such as NSS or low float.
For right now, I'm not stressing about it either way when it can be clarified on the phone Monday morning.
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#3 and #4 - Be aware of Mr. Mahue's capability and focus.
3) Mr. Mehue is sharp and VERY aware of compliance and credibility.
"The primary mission of the SEC is to protect investors and maintain the integrity of the securities markets." Consistent with this mission, Casavant specifically engaged Robert A. Maheu to assist CMKX in its compliance efforts. "Like the SEC, protecting our investors is a primary concern. We have been aggressively gathering the essential information needed to comply with our public disclosure obligations and anticipate working with the SEC to ensure our compliance with all federal regulations," stated Maheu, co-chairman of CMKX."
Translated, he's on top of it and knows what needs to be done to cooperate and comply with the SEC.
4) Mr. Mehue shows focus and leadership that is front and center, even during this period. Successful businessmen remain focused and are ALWAYS moving forward regardless of circumstance!
"We are not letting these regulatory matters impede our primary focus of creating stockholder value through the mining and development of our mineral assets," stated Maheu. CMKX is continuing to search for additional property claims in Canada and monitor its holdings in Ecuador."
He came aboard when this ship was taking on serious water folks. So far I am very impressed with how he has faced these tough issues head on. He's getting them out in the open where they needed to be and showing his desire to grow this company through focused approach and FINALLY bringing bold, no fear leadership to maximize the opportunities and value of CMKX.
I'd give up a lot to have an hour of his time.
Nite all,
Bo
