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hundred to one

04/27/05 11:04 AM

#162022 RE: janice shell #162019

HMMM maybe Accaddaca and Willy are right maybe it will never go to the hearing...JAT...kaos
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drwatson

04/27/05 11:06 AM

#162023 RE: janice shell #162019

CMKX does not plan to introduce any NEW filings at the hearing.


What would be the point?

As soon as Iron Bob announces that there is a trillion-share naked short position in the stock, the judge will say, "Oh, never mind then, case dismissed! Let's start extraditing those nasty old hedge fund managers from Fiji - I've got the forms right here, if we all fill in a few each, it won't take long...."

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Sec 10

04/27/05 11:09 AM

#162029 RE: janice shell #162019

Excellent observation, Janice. I guess they are going to throw themselves on the mercy of the court with some kind of "dog ate my filings" pleadings.

Which will likely not be granted.

Actually, I will be surprised if there is a hearing. My bet would be for a settlement. In looking at the relative line-ups of witnesses and exhibits by CMKX and the SEC, it appears that the company is bringing a hat-pin to a gunfight.