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Replies to #33922 on One Step Ahead

honeyiswell

03/06/05 9:53 AM

#33971 RE: Bo14172 #33922

Bo, that's a post I generally agree with. The cmkx management, up till now, looks like it's been "playing" business (with emphasis on "playing"). Because of people I trust, I do believe they have valuable mineral assets, but cmkx has not yet behaved as a serious company to exploit the potential wealth for shareholders.

I took my "rose-colored" glasses off quite a while ago, and am leery of any "masterplan" reports concerning this suspension. There's an English expression, "the proof of the pudding is in the eating," and without concrete proof, rumours are just that. If the float isn't extremely low, I think Urban et al will have a lot to answer for and some VERY angy (and perhaps scary) shareholders on his case. Let's put it this way, I doubt he'd be attending many race meetings and enjoying the role of the avuncular hero any more! But, hopefully, it will be a very low float and that will make all the difference, if they are able to trade. I am still hoping someone in charge can get this company's act together, fille the correct and necessary papers and make us some money.

Having said that, I also think the sec and large, financial institutions foster enviroments of massive corruption. Regulating authorities turn a blind eye to the shafting of little investors by shorters (clothed and unclothed) and this has gone on for years, making it "de facto" legal. They need to be brought to account. I fear their power is too entrenched and it will requires some massive crisis to clean house. Holding their feet against the public fire with the Sho Threshold list may help, but the public quickly loses interest in such things, unfortunately. I wish that NBC documentary would air and then we could mobilize the cmkx shareholder power in support. I still like the idea of a huge march on the sec!!!