CMKX 14C agreement on file with the SEC. I had read it when I first bought CMKX but had forgotten about it. It is a legal document, is unusual, but I am sure it is enforceable. IMO-
WHY THIS MUST HAPPEN
As I se this unfold it is being driven by ONE thing- The 14c & agreements attached + the forbearance agreement we are not privy to.
We do have more than enough in the 14c to direct us to follow the course of action being taken by comapny. This is not to say that a great number of sub-plots are being worked at the same time(Plan A-B-C,etc)
Here is the CRUNCH
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UC agreed to have CMKX protect SELLERS to the best of CMKX ability, against forseen & unforseen material events, and also not to reveal except in Federal appeal the Sellers identities.
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One or more of the Sellers sold Unregistered shares (possibly legal overseas) which prematurely diluted common stock.
= = = =
REVOCATION-Strips sellers of stock 85.7% (doe not leave much HUH)
CIM has a 40 billion divvy, half now, half later. and we do know the ratio was .0256. based on a 1.4 trillion.. and thats with the naked short at the time.
and thats why the o/s can be 50 billion or less. it has to match up with CMKX o/s.
remember that 14c forebearance agreement, and grannys sock drawer, that 600 billion imo, was a smokescreen.
and we know urbie looks out for shareholders, and none of us knows what his plan is to make sure all have CIM, or how its going to be worked out, but you can bet it has been, and remember, don is one sharp securities lawyer. I'll take don over a wannabe securities lawyer anyday.
and last but not least, here is how a IPO would work.. just a base, thats all.. I am sure a few twists could be added..
imo revocation cancelled the shares lol
AI
