This post was done in regards to another message board, where people, are saying, " its just a hearing on the mistake of not reporting, etc."
My response was this:
However, if you people keep saying, its just to address the fact that CMKX did not file as SEC prescribes, due to the error in the number of shareholder members, listen up.
The Judge will explore the possible motivation of , such as, did the result in the company in not filing as prescribed, result in a monatary gain for Officers in the company of CMKX?
Did the O/S change, or start changing after the company ceased to report, and was there any excessive shares sold by a company officer, after the reporting ceased?
I could go on, but I think, most can get the picture. Yes the ISSUE IS in not reporting, but to get to the possible reason, the Judge will ascertain a decision based on any drastic financial motivations, that could become apparent, from the period prior, when reporting was being done, verus what transpired after reporting ceased.
In retrospect: I am not expecting a cake walk here, and concerned, that the results could let the DTCC off the hook here.
It is my true hope, that UC, can, and will reorganize the company into something else, prior to the Washington hearing.
Ret-Flyr
Onward & Upward
Onward & Upward
Americans trying to make the investment world honest, one step at a time
