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Post by John Winston Lennon O'Boogie on Sept 12, 2013 8:08:12 GMT -5
Are SK/BF still going after NSS? March 27, 2012 TO ALL CMKM SHAREHOLDERS: MEETING WITH LAW FIRMS WITH REGARD TO POSSIBLE NAKED SHORT ACTION My first stop was in Houston, Texas where I met with two law firms – one firm that specializes in litigation with regard to naked shorting of specific stocks by brokerage firms. The meeting was attended by Bill Frizzell, who knows as much about the history of CMKM as anyone, and by an attorney from the second firm that specializes in securities law. It is an understatement to say that the meeting was truly fascinating. The law firm specializing in naked short cases is indeed highly qualified, well financed, and has been successful in obtaining settlements for companies that have suffered from naked shorting of their stocks. Typically, a case of this type costs literally millions of dollars to bring to trial, and is usually worked by multiple law firms on a contingency basis. The case must be very strong in order to entice these high-powered law firms to sign on and expend the funds and effort to bring the case to trial. There is little doubt that CMKX stock was naked shorted during the time frame the stock was being traded. It has been speculated that anywhere from 800 billion to two trillion phantom shares were sold into the marketplace by brokerage firms without shares in hand to cover the sales. However, we face a major obstacle in pursuing a naked short action due to the fact that the statute of limitations limits litigation of this type after five years, and CMKX stock was delisted over five years ago. There are other avenues that may allow us to pursue this naked short issue in spite of the statute of limitations problem. The three law firms in attendance are studying how to best tackle this case, and will do everything possible to find a way – most likely beginning with a RICO action in a single state with favorable RICO statutes, and expanding from there if successful. Although I am not at liberty to name the law firms involved, I am confident that we have some of the best legal minds in America chewing on this matter. I will provide more information to you as decisions are made in this pursuit.I really don't see why not.. But then again, why would steve be talking to the SEC about a fair trading level..?
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Post by arctan on Sept 12, 2013 8:34:44 GMT -5
Are SK/BF still going after NSS? March 27, 2012 TO ALL CMKM SHAREHOLDERS: MEETING WITH LAW FIRMS WITH REGARD TO POSSIBLE NAKED SHORT ACTION My first stop was in Houston, Texas where I met with two law firms – one firm that specializes in litigation with regard to naked shorting of specific stocks by brokerage firms. The meeting was attended by Bill Frizzell, who knows as much about the history of CMKM as anyone, and by an attorney from the second firm that specializes in securities law. It is an understatement to say that the meeting was truly fascinating. The law firm specializing in naked short cases is indeed highly qualified, well financed, and has been successful in obtaining settlements for companies that have suffered from naked shorting of their stocks. Typically, a case of this type costs literally millions of dollars to bring to trial, and is usually worked by multiple law firms on a contingency basis. The case must be very strong in order to entice these high-powered law firms to sign on and expend the funds and effort to bring the case to trial. There is little doubt that CMKX stock was naked shorted during the time frame the stock was being traded. It has been speculated that anywhere from 800 billion to two trillion phantom shares were sold into the marketplace by brokerage firms without shares in hand to cover the sales. However, we face a major obstacle in pursuing a naked short action due to the fact that the statute of limitations limits litigation of this type after five years, and CMKX stock was delisted over five years ago. There are other avenues that may allow us to pursue this naked short issue in spite of the statute of limitations problem. The three law firms in attendance are studying how to best tackle this case, and will do everything possible to find a way – most likely beginning with a RICO action in a single state with favorable RICO statutes, and expanding from there if successful. Although I am not at liberty to name the law firms involved, I am confident that we have some of the best legal minds in America chewing on this matter. I will provide more information to you as decisions are made in this pursuit.I really don't see why not.. But then again, why would steve be talking to the SEC about a fair trading level..? I think many things are behind the scene that we don't know or see them yet! Even right now things still don't make sense at all... What a chance to make a $billion from $15m? Less then of being struck by lightening...
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Post by John Winston Lennon O'Boogie on Sept 12, 2013 12:30:29 GMT -5
If the images or content below are not being displayed, please visit The Green Baron Report Thursday, September 12, 2013 “Stock Alert” Update Daybreak Oil and Gas, Inc. (OTCBB: DBRM) www.daybreakoilandgas.com Extremely Important News Announced Today! Daybreak Announces Successful Oil Discovery in Kentucky Fall Drilling Program in California Goldman Small Cap Research Maintains .95 Price Target for DBRM About two months ago, we introduced coverage of Daybreak Oil and Gas, Inc. (OTCBB: DBRM) as a Green Baron “Stock Alert” at .15 per share. It quickly rallied to .23 on record volume and has held above our alert price trading mostly between .17 and .20. About one week ago, Daybreak announced it had identified a hot new area to drill in Kentucky and that it improved its borrowing terms significantly. Now, Daybreak has just announced the first well in Kentucky was successfully drilled with great results. The combination of strong oil production in Kentucky, the success of the California drill program earlier this year that added 8 more producing wells, and the potential of production from 3 to 5 more wells in California means that Daybreak is truly becoming a valuable entity. Goldman Small Cap Research is maintaining its .95 price target, but that projected level may increase in the near future if oil drilling in Kentucky and California continues to produce great results. The Green Baron Report still believes DBRM can double over the near-term and should be accumulated below .25 per share. See below for a reprint of the PR in full: SPOKANE, Wash., Sept. 12, 2013 (PRNewswire) - Daybreak Oil and Gas, Inc. (DBRM) ("Daybreak" or the "Company"), a Washington corporation, is pleased to announce a new oil discovery in its first well in the Twin Bottoms Field in Lawrence County, Kentucky. The Gerald Grove H-1 well was drilled to a measured depth of 4,036 feet and a vertical depth of 1,171 feet. Logs and other measurement data indicate that the horizontal section of the well bore encountered 2,588 feet of oil-bearing sandstone. Production casing has been set and the well will be completed for production and testing as soon as possible. The drilling rig has been released for a short-term commitment to drill two wells for another operator in the area; and will then return to drill the next scheduled well in the Company's Kentucky drilling program, the Dillon H-6 well. The Company and App Energy, LLC, the operator, plan to drill up to five more wells before the end of the calendar year. East Slopes Project The Company is also pleased to announce plans for the upcoming fall drilling program at its East Slopes Project in Kern County, California. The Company will drill the Bear #8, Bear #9 and Bear #10 oil development wells. The Company also plans to drill the Ball #3-11 well (if required permits are received) before drilling is completed on the Bear wells. The Bear #8 well should spud during mid-to-late October, depending on rig availability. The Company is also in the process of upgrading production facilities to handle the new production from the previous spring drilling program as well as production from the wells to be drilled this fall. James. F. Westmoreland, President and Chief Executive Officer, commented, "Our initial success in Kentucky is an important part of the execution of the Company's business plan, which is to generate a sustainable base of cash flow that will allow the Company to further expand its business in both California and Kentucky. We expect the initial production rates in the Kentucky wells to be significantly higher than the California wells, which will take our cash flow to a new level. We are also very pleased with the performance of the wells drilled during our spring drilling program in California, and look forward to continued success as we drill more development wells this fall." Daybreak Oil and Gas, Inc. is an independent oil and gas company engaged in the exploration, development and production of oil and gas in California and Kentucky. The Company is headquartered in Spokane, Washington with an operations office in Friendswood, Texas. Daybreak owns a 3-D seismic survey that encompasses 20,000 acres over 32 square miles with approximately 13,000 acres under lease in the San Joaquin Valley of California. Daybreak also owns a 25% working interest in approximately 6,100 acres under lease in the Appalachian Basin in Lawrence County, Kentucky. More information about Daybreak Oil and Gas, Inc. can be found at www.daybreakoilandgas.com. Investor Relations Contact: Ed Capko: (815)942-2581 Email: edc@daybreakoilandgas.com DBRM Corporate Office 601 West Main, Suite 1017 Spokane, Washington 99201 Certain statements contained in this press release constitute "forward-looking statements" as defined by the Securities and Exchange Commission. Such statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "should," "up to," approximately," "likely," or "anticipates" or the negative thereof. These forward-looking statements are based on our current expectations, assumptions, estimates and projections for the future of our business and our industry and are not statements of historical fact. Such forward-looking statements include, but are not limited to, statements about our expectations regarding our financing, our future operating results, our future capital expenditures, our expansion and growth of operations and our future investments in and acquisitions of oil and natural gas properties. We have based these forward-looking statements on assumptions and analyses made in light of our experience and our perception of historical trends, current conditions, and expected future developments. However, you should be aware that these forward-looking statements are only our predictions and we cannot guarantee any such outcomes. Future events and actual results may differ materially from the results set forth in or implied in the forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: general economic and business conditions; exposure to market risks in our financial instruments; fluctuations in worldwide prices and demand for oil and natural gas; fluctuations in the levels of our oil and natural gas exploration and development activities; our ability to find, acquire and develop oil and gas properties, including the ability to develop the East Slopes Project prospects; risks associated with oil and natural gas exploration and development activities; competition for raw materials and customers in the oil and natural gas industry; technological changes and developments in the oil and natural gas industry; legislative and regulatory uncertainties, including proposed changes to federal tax law and climate change legislation, and potential environmental liabilities; our ability to continue as a going concern; and our ability to secure additional capital to fund operations. Additional factors that may affect future results are contained in our filings with the Securities and Exchange Commission ("SEC") and are available at the SEC's web site www.sec.gov. Daybreak Oil and Gas, Inc. disclaims any obligation to update and revise statements contained in this press release based on new information or otherwise. View Us On: TheGreenBaron.com • EvergreenMarketingInc.com • Disclaimer • Remove Me Add thegreenbaron@att.net to your address book to ensure delivery.
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Post by John Winston Lennon O'Boogie on Sept 13, 2013 7:11:45 GMT -5
Share1030693 The Koch Brothers' Secret Bank: How What You Buy Affects Our Politics by Bruce Watson Sep 13th 2013 6:00AM Getty Images The notion of voting with your wallet is nothing new -- for decades, people have boycotted companies because of worker treatment, political stances, or a host of other issues. In the last few years, however, increasingly byzantine campaign finance laws have made it easier for companies to hide their political contributions -- and made it harder for consumers to know which causes their purchases support. On Tuesday, news website Politico made tracking the impact of your purchases a little bit easier with its report on Freedom Partners, a group founded by the ultra-conservative billionaire Koch brothers. Freedom Partners, which distributed $236 million in 2012 -- making it the largest single conservative donor -- is designed as a clearinghouse that the Koch brothers can use to raise money and distribute it to a variety of political causes. Based on an IRS report, the Politico article -- which referred to Freedom Partners as the Koch's "bank," shows where the group's money goes. The organizations that benefited from the Koch's largesse are not surprising: Many are political action groups like the State Tea Party Express, Tea Party Patriots, and Heritage Action for America. Some are conservative outreach groups, like Concerned Women for America Legislative Action Committee and The LIBRE Initiative, which reach out to female and Hispanic voters, respectively -- groups that often feel alienated by contemporary Republicanism. Some of Freedom Partners' groups are even more specific: for example, the "bank" gave $3.5 million to the National Rifle Association, and another $130.7 million to two groups that directly target Obamacare. While the IRS report was very clear about where the money goes, it wasn't so clear about where the money comes from. Freedom Partners claims to have over 200 donors, each of whom contributes at least $100,000 per year, and none of whom seems eager to stand up and be counted. Even the Kochs, who are closely connected to all of Freedom Partners' directors -- and who provide a big chunk of its funding -- were quick to point out that the group "operates independently of Koch Industries." So, a variety of political action groups get money from Freedom Partners, and Freedom Partners gets a lot of its money from the Kochs. The Kochs, in turn, get their money from Koch Industries. But where does Koch Industries get its money from? Well, like any successful businessmen, the Kochs are widely diversified, with investments in dozens of industries -- many of which don't have a clear consumer-facing business. In fact, The Daily Beast recently reported that one of Koch's subsidiary companies is now providing components for a host of Apple products. But some of its companies, like Georgia-Pacific, Invista, and the Matador Cattle Company, directly interact with the public. Chances are that you're not going to go on one of Matador's high-priced hunting weekends. But if you buy Stainmaster carpet, Lycra fabric or any of Invista's dozens of products, you're sending money to the Kochs. The same thing goes if you use Brawny paper towels, Dixie cups, Angel Soft toilet tissue or any of several dozen Georgia-Pacific paper products. Given the tangled web of corporations and subsidiaries, not to mention the twists and turns of campaign financing, it's not always easy to see which pockets end up being lined with the money you spend at the grocery store. Even so, Buycott and similar apps are making it easier to see how your weekly shopping affects your nation's politics. And, if that fails, you could always just poke around the Koch Industries website. Bruce Watson is DailyFinance's Savings Editor. You can reach him by e-mail at bruce.watson@teamaol.com, or follow him on Twitter at @bruce1971. www.dailyfinance.com/on/koch-brothers-secret-bank-freedom-partners/
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Post by marbearcat on Sept 13, 2013 16:34:44 GMT -5
I see some folks are bashing and also wanting to get paid too....who are they? Please explain. And what's NOT to bash? Shareholders have been treated like poop since revocation.
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Post by arctan on Sept 13, 2013 17:29:12 GMT -5
I see some folks are bashing and also wanting to get paid too....who are they? Please explain. And what's NOT to bash? Shareholders have been treated like poop since revocation. Your expectation is too high from a revoked stock. We are lucky to have many boards to post/read and talk about CMKM.
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Post by marbearcat on Sept 13, 2013 17:51:19 GMT -5
Please explain. And what's NOT to bash? Shareholders have been treated like poop since revocation. Your expectation is too high from a revoked stock. We are lucky to have many boards to post/read and talk about CMKM. And what is this touting/pumping of Frizzell all about? What is your angle?
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Post by marbearcat on Sept 13, 2013 17:55:42 GMT -5
Please explain. And what's NOT to bash? Shareholders have been treated like poop since revocation. Your expectation is too high from a revoked stock. We are lucky to have many boards to post/read and talk about CMKM. You mean like this===========>>> By Ponders: Unfortunately we don't have the power to determine what the company does. SK can and will do whatever he so pleases with the monies collected. Even if that includes paying the Tyler frauds for their past "services" (years of bilking us). Had the State taken receivership of the corporation as we ask for, we would be in the process of recovery as we speak. Recovery of assets and recovery of the truth. More than likely Frizzle, Lowden & West would be in Jail. There's a more than a legitimate argument that they lied to us for years while paying them selves handsomely. Obviously the inaction from our new leader has shown how much he cares about that. This isn't about us and how we've been wronged. This is about $$$. Just not for us, we just paid for it all. Read more: tfant53.proboards.com/thread/8877/call-compamy-vote#ixzz2eofRpqR4
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Post by imSINGLEruRICH on Sept 14, 2013 8:05:26 GMT -5
One willing... One not ?? ... from the Fishy board......... f4d~ Administrator New update out Sep 12, 2013 at 11:27am .Ya right. Steve's "skill set" will enable him to raise 15 million dollars and lead us into the oil/gas market and we'll make $250k per month. Yup. THAT will happen. What a bunch of bullshi*. 4profit Super DD researcher! New update out (excerpts from a couple posts.......)I realize i'm just another opinion on this board. I wouldn't underestimate Steve & Kevin working together, nor their determination in a far less than perfect environment.If anyone May bring shareholders out of a revolving door of eveything we hate, think they deserve the chance.Guess i'm thinking whatever things SK may be looking at is better than sitting here complaining if he does, complaining if he doesn'tThere's no overnight miraculous cure or guarantee. i just want someone for the first time, to legitimately try.i Would like to be able to tell the few people who bought this because we did, there is honest intent to move this forward. Indpendent of past people, places or things. And, be telling them the truth. That would be a first. i respect all opinions here and not meaning to insult or offend anyone
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Post by imSINGLEruRICH on Sept 14, 2013 13:07:14 GMT -5
2 willing.... and 1 STILL not ??Sep 12, 2013 at 9:51am goodolboy said:Registering with the new TA is just for a peace of mind in my opinion. It doesn't cost anything nor does it take any time to do. Personally, I think Steve will honor his word as far as not changing the share structure prior to trading again... if we trade again. f4d~ Administrator Certificate Question 3 hours ago.Steve has PROVEN that his WORD isn't something "to be honored" by many different things he's said and DONE just to some here right? Many including myself trust him LESS than we trusted Kevin. So why would you believe anything he says? I'm NOT playing THAT crap again. I have other plans.
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Post by imSINGLEruRICH on Nov 5, 2013 14:53:59 GMT -5
The Wells fargo case that was targeted for 10/24/2013 was delayed until 11/21/2013... Well the duration time of the delays are getting shorter.
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Post by imSINGLEruRICH on Nov 18, 2013 11:22:51 GMT -5
*****REMINDER*****
Thursday.........11/21/2013...
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Post by imSINGLEruRICH on Nov 20, 2013 7:03:04 GMT -5
sptrader DIAMOND JEDI WARLORD
* The WF Lawsuit(Feb 14') is for about $60mil (IIRC) . I think this hearing on Nov21st, is just to see if the trial will proceed, WF is asking for the trial to be dismissed. I think that is what the ruling on the 21st is about. Our attorneys are working on consignment , so they ONLY get paid, if they win the case, their commission for winning is about 20%-30% range, I think.. It's a huge gamble for the attorneys, that's why the generous commission. Once CMKX_NHHI is trading as a profitable company, I would expect the attorneys would be paid cash as needed and not on consignment.. right now with no cash, we have no choice.. I expect any "settlement" from the WF case would go directly into the oil and gas business. We need to leverage that money, to get any ROI.. If SK was to distribute the cash to shoreholders, it would amount to much LESS than $.0001/share ($60mil/700bil shares- do the math), it would make no sense to do that, when we return to trading, we should get considerably MORE than that.. jmho
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Post by imSINGLEruRICH on Nov 20, 2013 7:40:09 GMT -5
sptrader DIAMOND JEDI WARLORD**
I'm not sure that Frizzell is involved with the Wells Case, SK is using a different attorney, that has experience successfully taking Wells Fargo to court (and winning), SK is not going to give all of the money away to attorneys... I wouldn't be jumping to "wild" conclusions like that.. SK is a smart, successful, experienced, businessman, he will get the best possible outcome for the company (shareholders), with what he has to work with... Just email SK with questions, he can give you more details than I can.. Like I said, dispursing a few dollars (literally) to each shareholder makes no sense, when that money can be leveraged by trading again , so we can all get a nice ROI instead.. Relax and enjoy the ride... jmho
imSINGLEruRICH The Below Information are excerpts from an email from SK
RE: Wells Fargo case In the WF case, our agreement calls for 20% for Shepherd’s firm and 20% for Frizzell. The third firm is paid $300/hour by the other two firms, so his cost comes out of their cut. Shepherd’s firm is the heavyweight, and do not work for less than 20%. They refused to take the case without Frizzell’s involvement because Frizzell has the knowledge of company history.
OTHER. The deals with the lawyers were cut long before I came along. Frizzell got all the judgments through his efforts, so his contract entitles him to 33 1/3% of all collections from judgments.
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Post by JoeRockss on Nov 21, 2013 8:53:53 GMT -5
BUMP
November 21, 2013
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