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Replies to #33750 on One Step Ahead
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Drillbit

03/05/05 12:49 PM

#33751 RE: Susie924 #33750

I'll toss out a possiblity. Actual shares issued are 703+ Billion. The KEY is how much of those REAL shares does Urban own? The 2K+ shareholders represents the certs pulled. The street name shares are those shares in our brokerage accounts and I contend that there may be over 1.5 Trillion of these as they are naked short shares not issued by CMKX.

What if Urban owns almost all of the real 703 Billion shares and at some point returns those back to the company in some form and they are retired. He has to own over 352 Billion just to keep his control and stave off a raid on his leases etal.

The above is just a scenerio and not to be taken as fact but I am sure I will hear about it.
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Lownumba

03/05/05 12:49 PM

#33752 RE: Susie924 #33750

For the record, he nailed the O/S within 695 billion.