CMKX - The #1 concern...
The SEC and the system will order CMKX be delisted or revoked so the MM's will not have to cover and the DTC & SEC remain untouched. Game over. They win.
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The timing of the SEC's filing is curious tells me they not only chose to be blind to CMKX's filing last month, but filed an investigation less than 48 hours CMKX was going to report.
Further, the odd reasoning in today's report looks to me like they are going at CMKX on a technicality. CMKX was officially moved from the OTCBB to the pinksheets WITHOUT HALT OR SUSPENSION AT THE TIME. Wouldn't it have been the governing authorities of the securities market who approved and facilitated the move of CMKX to begin trading on the pinksheets??
SEC is trying to force a checkmate. CMKX has to respond BOLDLY to get this matter HIGH IN THE PUBLIC EYE. If they have ANY EVIDENCE of naked short selling or any other illegal trading practice with their stock, they need to shout it from the roof tops! The pr has to be STRONG and they have to pursue all media outlets and use legal routes if necessary.
They are good at promoting. They need to put those skills to good use now. Making this case a larger than life public issue affecting the market as a whole is their best and only way to respond. Anything less may play into the SEC's hands. It seems the decision is already made and the SEC is simply working backwards to fill time.
CMKX, if you have dirt on the MM's, turn the fan on HIGH and throw it now!!! If not, those investigating you will sweet talk you and pretend everything will be ok, meanwhile they have the bus warming up to PANCAKE you on decision day.
Bo
