News Focus
News Focus
Followers 0
Posts 73
Boards Moderated 0
Alias Born 06/24/2004

Re: jimmym4 post# 197559

Sunday, 01/08/2006 6:21:50 PM

Sunday, January 08, 2006 6:21:50 PM

Post# of 359153
Jimmy, to be fair, perhaps we should allow that some of those 30,000 certificates may have been surrendered. If you think about it though, the count is of little importance really as all current cert holders are all listed on the current NOBO list. Of Prime importance (IMHO) are the cert requests that have gone in and how they are dealt with, along with finalizing a NOBO list containing the names of individuals owning 703B CMKX shares. That will verify whether or not there is a short, which is probably why certain individuals here wish to downplay the importance of the pull.

The other question that hasn't been answered here though, is why the SEC and DTCC are forcing the company to resort to a cert pull to prove/disprove the NSS question to begin with, by witholding critical shareholder information? Is there any legitimate excuse, particularly now that the company has been revoked and is no longer trading? If there is no NSS and nothing to hide, disclosure would simply allow the company to identify and settle with ALL shareholders, would it not? Withholding this information only makes sense if there is something really rotten to hide, IMO.

GLTY

Scruffy

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today