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Replies to #42163 on One Step Ahead

janice shell

05/12/05 4:57 PM

#42164 RE: zeninvestor32 #42163

SEC didn't seem to want it in the record...

As usual, you have some catching up to do. The SEC is the party who entered it in evidence. They wanted to withdraw it simply because it hadn't been used at the hearing. The certainly weren't trying to hide anything, as Stoecklein and Frizzy already had copies.

Why did the SEC enter it in the first place? Obviously they'd have used it to disprove claims of any naked short position in which JEFF was involved as MM.

What it proves is that there was massive dumping of CMKX just as things started heating up in March 2004.

This letter is very definitly NOT good news for CMKX, though I guess Frizzy doesn't understand that.

No Problems

05/12/05 5:30 PM

#42169 RE: zeninvestor32 #42163

I think the JEFF letter is damning to CMKX

but the SEC thought (and based on what I am seeing, rightfully so) that the general shareholder base would interpret as evidence of naked shorting. I suspect that they decided that since it wasn't a salient fact in explaining why CMKX hasn't filed, it could only serve as fuel for the conspiracy set.

Have a look at the other boards, that is exactly what is happening. This is being held up as naked shorting evidence, and that is just ridiculous.