What bunk. He's playing to the politicians. If he really wanted action from the Nasdaq he'd simply have sent them a list of shareholders who were unable to get certs, along with the account data that would facilitate an investigation.
It is not the intention of the company to distribute Entourage stock to securities intermediaries and clearing houses for them to distribute the stock at their discretion.
Has it occurred to him that it's entirely possible that some of these "intermediaries" actually own CMKX stock? I'm sure they didn't want it, but since the stock traded up to the day of revocation, some must have been left holding the bag.
There was evidence of billions of failed deliveries in this stock at the time the trading in this security was halted by the SEC.
If he really wants to impress them, then he needs to offer proof. Proof he's had more than a year to produce. But we haven't seen that proof. What evidence we have seen indicates that there was no significant short position in CMKX at the end of April 2005. It's highly unlikely that anyone decided to short a few trillion shares thereafter.
But then Frizzy's NEVER understood the above, even though it appears that people have tried to explain it to him.
Same old, same old. Lots of hot air, no proof of anything at all. Stoecklein must be shaking his head.