No it does not say 60,000 shareholders.
They also forgot to put a sign on every street corner saying that selling crack on this corner is prohibited.
You need a break down of that sarcasm as well?
You fools really do crack me up. The numbers show 626 bill out of 703 bill shares are owned by about 7,000 shareholders. This means that we are only looking at about 14% of the total accounts. Now of course a good number of people have more than 1 account, so I will be nice and say every person has 2 accounts, which would put us at 14,000 accounts, and double that to 30% of the accounts. This means we are only accounting for 1/3 of the accounts and we only have 74 billion legal shares unaccounted for. Now you will prolly cry about these numbers and say that I am assuming too much, so I will even jump that number to 25,000 accounts, which is 50% of the total number of accounts. That means we are accounting for half of the shareholders with that number. Continuing this way of sayin we are only looking at 50% of the accounts, would mean we are only looking at 50% of the shares. Looking at the entire 59,669 accounts would still give u a number almost double the legal shares out there.
Since you jokers seem to have trouble reading and need your own personal interpritation (when u don't like the way the conversation is goin)I will break it down into some basic numbers
If 7,000 shareholders is 50% of the total number that would mean there are 14,000 shareholders total. That number is being extremely generous considering there are 59,669 accounts.
Continuing with this avg, you would have to double the number of shares out there. 626 bill X 2 = 1.25 trill. But there are only 703 bill legal shares out there...so could you explain why there are almost twice as many shares out as were issued?
More importantly, do you really hate CMKX that much that even if the numbers show a very large number of fake shares out there, you will still say that it doesn't matter and the shareholders deserve to be punished for investing in such a poor company. I know you have not come out and said these exact words, but this is a question to all of the "bashers" on these boards.
Naked Shorting effects the entire market, and if twice as many shares as actually issued by the company can be sold to the public, then that is a HUGE problem that must be stopped no matter how much you may hate CMKX and their management.
Contrary to most of the "bashers" posts, many of the longs can see how stupid the management of CMKX has been run, but there is still the bigger problem of naked shorting. This has stolen trillions of dollars from investors. How do you know this did not happen to you?
I'm sure you are going to cry about my numbers, or reword my post into some other nonsense, but numbers don't lie. If you have any bit of logic you will agree there is an incredibly strong possibility of there being many many fake shares in the market.
Gump...I know this is the only reason you are involved in CMKX. From your vast experience on trying to expose this problem, what do you think would be the most accurate outcome if(when) CMKX proves there are billions if not trillions of fake shares in the market? Would we actually see a cover? I know it is a problem that will not be easily solved by any means, but I am willing to wait as long as it takes for the law to provide the public with the cash that has been illegally taken away for sooo many years.
Thank you all in advance for your responses and enjoy the beautiful sunny day (well if you are in NYC at least)...lata
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