Post by imSINGLEruRICH on Oct 24, 2007 15:32:27 GMT -5
eastcoastswing
Diamondologist
This is $entinel's post from this morning and below this morning's post are some older posts..... interesting......
But remember we must take everything & anything with a grain of salt.
$entinel
Ace of Diamonds
*****
LONG TIME NO TALK....
« Thread Started on Yesterday at 10:15pm »
Hello everyone !
it has been a long time since I have been able to get over to board and I am sorry. I have learned so much of what I believe is coming to us. Everyday I have a stronger Belief that we are n the midst of history in the making and likes of some that will never be seen again. Keep the faith and remember Great things come to those who Wait ! Thank you for your kind thoughts ! most of all thanks to those who have walked us through the unbelievable and what was thought to be "mission impossible" we are in Great hands !!!!
THE OLDER POSTS
millionaires.proboards86.com/index.cgi?board=main&action=display&thread=1193252647
$entinel's old post from pb88
« Thread Started on Today at 2:04pm »
--------------------------------------------------------------------------------
entinel: all system access about CMKX is shut down
(Someone on PB88 mentioned that $entinal works for one of the big brokers, maybe Ameritrade, but I can't remember exactly what was said or find the post at the moment. If I find it I will post it).
$entinel
King of Diamonds
I simply watch from the background!
get the popcorn with extra butter
-------------------------------------------------------------------------------
Well I can tell you this much all system access about CMKX is shut down. the only ones that have access to it is LEGAL and those directly authorized have access other than that. Brokers no longer have access accept to request certs no other info is available period. everything has to be requested by tomorrow because it is good friday (market closed). Ameritrade and e-trade both switched to ADP to get as far away from this as possible. the reason is in the list of those named in the law suit. so sit back with some popcorn with extra butter it's about to get hairy!
I must say ......... I am Amazed !
« Thread Started on Today at 1:02am »
posted by $entinel on 88
--------------------------------------------------------------------------------
I have to say after watching all of this right now ! See what you guys don't know is what we are changing right now. see since 1933 the things we are fighting have been common place and in-fact written in as a rule and regulation.
Little education so you understand the other side and why it is fostered the environment we have today. see when a syndicate under writes a New issue of stock and then does the Offering that says "OK company XYZ you are worth say 48.00 because that is what your company is worth and that what the company is paid. this is the 'first market" or the 1st stage of going public. then you have the syndicate that takes those shares and sells them for say 50.00 per share on the Exchange's or the "second market" you then have exchange listed stocks ( I.E. stocks listed on the NYSE and the AMEX) that are traded OTC that is called "Third Market".
Now You have what they call "Forth Market" these are trades between institution's ... get this They do not have to report or show the trade made. Now couple that with the "stock borrow program" created in the 1970's along with the tax benefit of trades that are not closed out but instead the company files BK and now there is no closing transaction thus No Taxable event. My point We (CMKX) are having to re-write the culture or what is ingrained in every brokers belief because they have been trained to think that.
Now lets go a little deeper..... see in 1934 the SEC was created. Now they are a apart of the government, BUT they do not have the power to Police everyone involved with securities. SO what do they do?... they set up what they call SRO.s or basically self policing agencies to police themselves. What is wrong with this picture? ....
now start to think about the requirements of the otcbb and couple that with the "stock borrow" program and yes you have to give the brokerage permission to let then "borrow" you stock out. who job is it to account for this? ... Yes you guessed it the DTC & T.A. yes this is to get you thinking and my point being you do not change 80 yrs of culture over night.
which brings me to my next point, We are having to get through the RED TAPE. There is alot to be done, this is not a home loan that takes 2 weeks to a month to complete. yes I am frustrated as the next guy and Impatient to boot.
See it is no longer in the hands of Urban, Moran's, IBM or Bill F. We are waiting on bureaucracy. Until that is complete nothing can happen Including a PR. IMO we will see something the first part of AUG around the 6th or 7th. Now I say that as My Opinion Nothing more.
I bring all this Up to get you to think and keep everything in perspective. Put the Emotion in Check for a moment and think with one of the biggist gifts God gave us all ... A brain. In My Opinion the monies we think are headed our way in all reality is not going to be at the high number or the low number it will be something in-between. It always changes at the very end.
Now I am being told that over time the money will become more "Abundant" now whatever that means .... we will see.
and Of course alll of this is my opinion and should be treaded as such. I am not an Insider nor do i profess to be. I am how ever in a "unique position" and where my information comes from has nothing to gain / lose either way with CMKX. I hope this sheds some light on the subject.
Diamondologist
This is $entinel's post from this morning and below this morning's post are some older posts..... interesting......
But remember we must take everything & anything with a grain of salt.
$entinel
Ace of Diamonds
*****
LONG TIME NO TALK....
« Thread Started on Yesterday at 10:15pm »
Hello everyone !
it has been a long time since I have been able to get over to board and I am sorry. I have learned so much of what I believe is coming to us. Everyday I have a stronger Belief that we are n the midst of history in the making and likes of some that will never be seen again. Keep the faith and remember Great things come to those who Wait ! Thank you for your kind thoughts ! most of all thanks to those who have walked us through the unbelievable and what was thought to be "mission impossible" we are in Great hands !!!!
THE OLDER POSTS
millionaires.proboards86.com/index.cgi?board=main&action=display&thread=1193252647
$entinel's old post from pb88
« Thread Started on Today at 2:04pm »
--------------------------------------------------------------------------------
entinel: all system access about CMKX is shut down
(Someone on PB88 mentioned that $entinal works for one of the big brokers, maybe Ameritrade, but I can't remember exactly what was said or find the post at the moment. If I find it I will post it).
$entinel
King of Diamonds
I simply watch from the background!
get the popcorn with extra butter
-------------------------------------------------------------------------------
Well I can tell you this much all system access about CMKX is shut down. the only ones that have access to it is LEGAL and those directly authorized have access other than that. Brokers no longer have access accept to request certs no other info is available period. everything has to be requested by tomorrow because it is good friday (market closed). Ameritrade and e-trade both switched to ADP to get as far away from this as possible. the reason is in the list of those named in the law suit. so sit back with some popcorn with extra butter it's about to get hairy!
I must say ......... I am Amazed !
« Thread Started on Today at 1:02am »
posted by $entinel on 88
--------------------------------------------------------------------------------
I have to say after watching all of this right now ! See what you guys don't know is what we are changing right now. see since 1933 the things we are fighting have been common place and in-fact written in as a rule and regulation.
Little education so you understand the other side and why it is fostered the environment we have today. see when a syndicate under writes a New issue of stock and then does the Offering that says "OK company XYZ you are worth say 48.00 because that is what your company is worth and that what the company is paid. this is the 'first market" or the 1st stage of going public. then you have the syndicate that takes those shares and sells them for say 50.00 per share on the Exchange's or the "second market" you then have exchange listed stocks ( I.E. stocks listed on the NYSE and the AMEX) that are traded OTC that is called "Third Market".
Now You have what they call "Forth Market" these are trades between institution's ... get this They do not have to report or show the trade made. Now couple that with the "stock borrow program" created in the 1970's along with the tax benefit of trades that are not closed out but instead the company files BK and now there is no closing transaction thus No Taxable event. My point We (CMKX) are having to re-write the culture or what is ingrained in every brokers belief because they have been trained to think that.
Now lets go a little deeper..... see in 1934 the SEC was created. Now they are a apart of the government, BUT they do not have the power to Police everyone involved with securities. SO what do they do?... they set up what they call SRO.s or basically self policing agencies to police themselves. What is wrong with this picture? ....
now start to think about the requirements of the otcbb and couple that with the "stock borrow" program and yes you have to give the brokerage permission to let then "borrow" you stock out. who job is it to account for this? ... Yes you guessed it the DTC & T.A. yes this is to get you thinking and my point being you do not change 80 yrs of culture over night.
which brings me to my next point, We are having to get through the RED TAPE. There is alot to be done, this is not a home loan that takes 2 weeks to a month to complete. yes I am frustrated as the next guy and Impatient to boot.
See it is no longer in the hands of Urban, Moran's, IBM or Bill F. We are waiting on bureaucracy. Until that is complete nothing can happen Including a PR. IMO we will see something the first part of AUG around the 6th or 7th. Now I say that as My Opinion Nothing more.
I bring all this Up to get you to think and keep everything in perspective. Put the Emotion in Check for a moment and think with one of the biggist gifts God gave us all ... A brain. In My Opinion the monies we think are headed our way in all reality is not going to be at the high number or the low number it will be something in-between. It always changes at the very end.
Now I am being told that over time the money will become more "Abundant" now whatever that means .... we will see.
and Of course alll of this is my opinion and should be treaded as such. I am not an Insider nor do i profess to be. I am how ever in a "unique position" and where my information comes from has nothing to gain / lose either way with CMKX. I hope this sheds some light on the subject.
