Re CMKX from Zeninvestor on the Pro32 board ...
The Maheu Bittchslap
« Thread Started on Today at 13:57 »
This is what I believe is going on right now:
1. The SEC is probably in private talks with the British Columbia Securities Commission to try to get an investigation launched against Entourage or throw some other roadblock in the way of Entourage. This is a political game imo now and I believe some high heat is getting thrown around in some high-up places.
2. Some of the short holdouts may be coming to the table, but they may first be waiting to hear back from their SEC/DTC cronies on how things went with the SEC and BCSC. As the days move forward, this situation may become potentially very, very suffocating for the shorts. What if USCA and GEMM were rolled into EGTMF and the shorts would have to cover all the outstanding dividends on all naked shares of THOSE companies too?
Lots remaining to happen. But I do believe a strategic map of "if this, then that" type decisions is unfolding that should lead to a near-term resolution. The reason perhaps the company can't say much is that they probably don't honestly know how the SEC and shorts will choose in terms of which poison, how long and how painful they want it to be. I agree that the 28th MAY give us some more information. In all likelihood, though, it won't be revealing. Just more information that may show which way we're going, but not yet the end destination.
