By: my69z
11 Jul 2008, 10:16 PM EDT
Msg. 741391 of 741679
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Entg claims...what did Koch say was needed??.....hmmm,,,cash.
And who now legally,,,"auditable" ( is that a word? lol )....has some??
Wonder if Carina could now simply say,,,,ummm..we've re-written our agreement with CMKX....now that's it's real and verifiable.....to mirror the old agreement.
But of course with a much steeper buy-in price from CMKX.....basically seed money from CMKX.
$33m from Edwards...another XX millions from a few others,,,,,hmmm...could really move some key claims along initially,,,,
I'd be happy with 50/50....reover 50% of tha $250M,,,,reduce the structure by half....and if there really are some claims to come back and if there's somethin in tha ground....woo
I'am only goin on what Kevin said....most,,MOST,,,of the O/S was issued to insiders friends..etc...and alot of it is still held.
Dakati's land mass is = to what Entg is holding with Koch...so don't think it takes 1 milliom acres.
Would be nice to see the Entg judge sign off on an agreed settlement on that one now.
It could happen,,,hell...who'd thought CMKX would be kissin the SEC's butt??....in our March '07 litigation we did and again yesterday with Frizz sayin....the SEC actually encourages these lawsuits.
And wait.....didn' the say,,,Hackla told him that if they could prove an NSS that they'd help CMKX?
?
Funny right............but Kevin said we must return to trading to deal with our NSS,,,and i've posted numerous times what Frizz said about brokers who were cought with open orders in the '05 SEC hearing.
How many times have I said since March '07's litigation....CMKX is working WITH the SEC and won't blindside them by suing brokers/MM's.
Besides,,,,,u don't don't blind side'em then turn around and say.....oh by the way,,,,,could u approve our paperwork?? lol
And what other company out there that has tried to sue for NSS has ALSO said,,,,,we're working with the SEC on ANYTHING...at the same time while tryin to sue???...it don't go like that
hahaha......
I've always said...hopefully they'll let CMKX get the bulk of the assets and the Govt gets the asses....we re-write whatever deals cause of the new cash,,,find out alot of the accts were probably fake by crooks,,,even Kevin said...we have "accounts",,,and move forward with the stock side of this thing cause they actually worked out a "market" agreement Vs. drawn out court battles.
Chris
By: rosencrantz2010
11 Jul 2008, 10:25 PM EDT
Msg. 741394 of 741679
(This msg. is a reply to 741391 by my69z.)
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my69z,
chris,,, so you think the naked short is going to be totally fixed in the market. it will be fixed only by trading again and it will be up to each shareholder to decide when they want to sell and at what price. correct?
in other words, you don't see any deal having been worked out between the naked shorts and cmkx earlier where the brokers supposedly paid cmkx to legitimize their naked short. that is, e-trade, for example, never paid to solve their naked short by paying cash to cmkx,,,, and that whatever short they might be holding will be fixed through normal trading once cmkx gets back into the market
By: my69z
13 Jul 2008, 06:24 PM EDT
Msg. 741675 of 741679
(This msg. is a reply to 741394 by rosencrantz2010.)
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Rsoen,,,Kevin said in tha Q&A.....yes,,,,to tha question of...do we need to return to trading to deal with our NSS??
And go back to tha SEC hearing....Frizz talked about what happens when brokers get caught with "open orders" on their books.
Later bub!
Chris