Replies to post #33744 on One Step Ahead

[Susie924]

That's an interesting answer.

Thank you.

[ut2DaMax]

Company cannot keep SEC reporting deadlines?
Mach1 ... is this true? Will the Company not be able to keep the SEC deadlines? And if so will this seal our fate? Was this planned, which I do not believe. This paints a really grim picture. I am appauled that this could be the final outcome.


By: stockshocker4
05 Mar 2005, 12:39 PM EST
Msg. 823278 of 823284
(This msg. is a reply to 823218 by stockshocker4.)
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pumpers tryiny to ingore this: CMKX Registration will be revoked on April 17th for failure to comply with established SEC reporting rules and regulations

Removed from public trading and the stock symbol will be terminated

CMKX will cease to exist as a public company and all out standing shares will be unable to be bought or sold by any market maker -

CMKX has already declared they can not meet the SEC deadline so you don’t need to worry about the float or O/S any longer

Company states in public press release they will be unable to meet the SEC reporting deadlines.

[diamondintheruff2]

MACH!!!! great point buddy...There are a few lines from the pr that have been in question, besides the obviouse questioning of the O/S and Float...this line is also very interesting:

"CMKX has not been provided a waiver, "variance" or any other relief by the SEC for complying with the 60-day requirement. In fact, due to the overwhelming number of reports that need to be filed, coupled with the necessary financial statement preparation, CMKX will not be able to comply with the 60-day requirement."

The company is blatantly stating that we will not make the 60-day req. It is pretty much agreed by everyone that once the deadline is up...and CMKX has not filed the req info...then CMKX will no longer be trading and the co will be gone. Now why would Maheu and the co put a statement like this out so early. They knew the day would come where they would have to file all old and new information. So why would they not be getting prepared for that day with all the time they have had. They could probably still have enough time, if they started right now and worked 24-7, to get all of this paperwork (or at least the majority of it) done and filed. So why would they make a statement like this?

ENTER CIM or SGGM: I think you hit the nail on the head saying that "CMKX" won't file, but there will be a merger into another company such as CIM or SGGM...or something along those lines. In any event...I believe you are dead on with your idea about CMKX merging into another company and just disapearing all together. I am sure if this is the plan...then we will get some decent return from our CMKX shares before they are gone forever...as you would have many upset shareholders selling there "new shares of CMKX" right away if we were told that we would see nothing from holding old CMKX shares this entire time. And that is not how you want to start a new company.

We could post for days and days on different theories about how this could all go down, but I do believe you brought up a very very good point in that we will see CMKX merge into some other company and then we will take it from there. Great theory MACH...enjoy your weekend buddy.