|
Post by imSINGLEruRICH on Feb 15, 2009 14:49:29 GMT -5
seagull Board Addict Re: gossip 2/15/09 « Reply #1 Today at 7:15pm » by Oaks (Andy)Remember... CMKX was an OTCBB company at the time Urban took it over. Then he deregistered the filing status and it became a Pink. However, when he did this CMKX had more than the minimum shareholders allowed. This was ENTIRELY why Stoecklein put the company back into reporting status and how the SEC became involved with the eventual delisting because CMKX was unable to file delinquent filings. Oaks (aimho) ---------- by scruffyAndy, and are we not still officially under reporting status, though barred from public trading until we catch up on our reports? ------------ by OaksScruffy... Yeah...I believe so. Oaks (aimho) Today at 3:27pm, jersey wrote: seagull Board Addict Re: gossip 2/15/09 « Reply #2 Today at 7:18pm » Thanks Jersey You are simply amazing! You're not a research assistant for a legal firm, by any chance? So the answer appears to be: "However, an issuer's duty to file any reports under Section 13(a) of the Exchange Act, and the rules and regula- tions promulgated thereunder, solely because of such securities registration under Section 12(b) of the Exchange Act, general- ly will be suspended at the effective date of the delisting. How- ever, if the issuer has a class of securities registered, or required to be registered, pursuant to Section 12(g) of the Exchange Act or another class of securities registered under Section 12(b) of the Exchange Act, the duty to file reports will continue. cmkxgroup.proboards88.com/index.cgi?board=general&action=display&thread=21030
|
|
|
Post by imSINGLEruRICH on Feb 15, 2009 14:51:17 GMT -5
seagull Board Addict Re: gossip 2/15/09 « Reply #3 Today at 7:31pm » by dicek... ines... stormgrey ... scruffy by dicek Mr. Richards has verified that the DTCC still holds common shares of CMKM Diamonds, Inc stock.
Mr. Richards also volunteered that perhaps the other shareholders he had spoken to, “misunderstood” what he was talking about when he discussed a long-pending distribution of the shares of stock still held by the DTCC.
The DTCC has no procedures, nor ‘machinery’ to allow them to distribute funds directly to public company shareholders; such distributions would in all cases be made by DTCC ‘participants,’ or by the company T/A, or by the company itself.It has been generally agreed that those of us who received their CMKX certs - and are therefore 'bona fide' shareholders - only received their certs after the certs were paid for; paid for by the brokerages where we purchased our CMKX stock. So if you had an account with say TD, or ET, or AT, and you received your CMKX cert, then your brokerage was able to get your cert from the Transfer Agent (Helen Bagley). Some bokerages sold CMKX shares to shareholders - made an electronic note in the shareholder's account of how many shares the individual owned from their purchase - and then pocketed the money without ever having bought the shares on the market to make it a legal, or bona fide transaction. When the cert pull was called, and a shareholder requested their cert from their broker - and that brokerage never legitimately bought the CMKX shares through the market in the first place - the TA would not have a record of that shareholder's stock transaction and so would not issue a cert for a CMKX stock purchase which had no record of having ever taken place. The bokerage asks the TA for a cert for "Joe Blow" for say, 10 million shares of CMKX, and the TA says: "sorry, we have no record of Joe Blow owning 10 million shares, and so we cannot issue a cert". What does the brokerage do now? How do they get the cert? They can't buy back the shares on the open market because CMKX was delisted and no longer trades (clever Bob Mahue), and so where does the brokerage go to purchase the shares? The "participants" go to the DTCC to purchase the CMKX shares that they need, which only then entitles the brokerage to be issued bona fide certs from the Transfer Agent. Once a broker purchased CMKX shares from the DTCC, where would those funds from purchased shares go? They would most likely be held in an SEC or Dept of Treasury account, waiting for the go ahead authorization for dispersement to Bona Fide shareholders. Why does the DTCC still have CMKX common stock in its possession? Because there most likely still exists a brokerage or two who have yet to purchase back the CMKX shares they sold to shareholders. My guess would be that Citi is on that list, and that they need to purchase a lot of CMKX shares - a number large enough that it's causing them to balk, delay, receive extensions, whatever. While the DTCC might not hold any CMKX funds for shareholders, they would certainly know of the funds, how much has been collected so far, and how much has yet to be collected. They would also know who the "holdouts" are who have yet to purchase their short of CMKX stock. You've all heard the expression:"It begins with Citi, and it ends with Citi". It could very well be true. ~dicek ------------ by inesNot sure that is all correct. You say that they go to dtc to buy shares.. welll Dtc cant produce shares but only company can. DTC settles the trades and also gurantees them. But officialy its the company that issues the shares and not dtc. Company in this case cmkx. I mean the whole premise here you posted is that brokers go to dtc to purchase shares.. but DTC has no right to produce shares.. only the company itself does ~ines ----------- Ines, I believe the theory is that the shares authorized by D Roger Glenn were provided to the DTCC for it's broker members to "buy in" and cover their NSS position. What's being said here is that the DTCC holds them, not that the DTCC produced them. ~Storm ---------- by dicekExactly, Storm - the DTCC either has the Roger Glenn authorized shares or; UC did indeed buy the float - as has been rumored, and those shares were stashed in one of UC's trusts - and those shares are being used by the DTCC to help those brokerages in CMKX stock to finally rectify their short positions. What's interesting is why does the DTCC still have possession of CMKX common stock, when it supposedly emptied it vaults of CMKX stock some 3 years ago ... ... and why is the DTCC so hush hush about CMKX? Mr Richards of the DTCC seemed to be almost terrified about his having spoken about CMKX funds in the first place some years back. I believe Richards did say funds for shareholders exist. But the question remains: Where do they exist and who controls their release? « Last Edit: Today at 7:10pm by dicek18 » -------- by scruffyI guess the question I have is "How many CMKX shares is the DTCC holding?". At least 630 something billion have already been certed and distributed, leaving only about 75B technically unaccounted for, I believe(?). Has Tyler been quietly issuing more shares to settle NSS? ~scruffy cmkxgroup.proboards88.com/index.c....ay&thread=21030
|
|
|
Post by imSINGLEruRICH on Feb 15, 2009 14:52:07 GMT -5
timewilltell Board Addict Re: 2/13 Al Hodges Update« Reply #6 Today at 7:15am » -------------------------------------------------------------------------------- i truly appreciate your efforts bob , and mr. hodges , as i know all bonafide holder;s do i have to believe that before passing away,.. mr. mahue did much to secure the s.h.s' interest ,.... as mr. U.C. HAS, AND IS STILL DOING,... i do believe that ... i just dont understand , why some who have confirmed on these board's time, and , time .....,again that there is a trust that has been set up . to compensate bonafide;s and that all was secure . ,... i also understand that these were never from corporate ,. but could all those who have attested to a trust be wrong ,... did mr. mahue and u.c. fail us,.. I DONT BELIEVE THAT FOR ONE MOMENT ,... GOD BLESS ALL,... WHO ARE TRYING TO CORRECT A WRONG ,... AND MAKE IT RIGHT ,.... THANK YOU ALL .....AND, GOD BLESS,... TWT. cmkxgroup.proboards88.com/index.c....ay&thread=21027
|
|
|
Post by imSINGLEruRICH on Feb 15, 2009 14:52:43 GMT -5
squeezebox Diamond Finder Re: Updated Daily!! RUMORS ....Believe em' or NOT!« Reply #198 Yesterday at 11:05pm » a 5 minute interview about Madoff and how corrupt our government is, pretty interesting if you have 5 mins. www.youtube.com/watch?v=yXO_HMG8DXM
|
|
|
Post by imSINGLEruRICH on Feb 15, 2009 14:54:32 GMT -5
soonerlew Diamond Wiz (Moderator) Location: Oklahoma Re: Updated Daily!! RUMORS ....Believe em' or NOT!« Reply #200 Today at 7:31am » -------------------------------------------------------------------------------- seagull Mini Mod Re: The Buzz 2/11...« Reply #35 Today at 2:15am » ------------------------------------------------------------------------------- Yesterday at 9:37pm, bbildman wrote: Your words mean nothing. by procmkm / accaThey Do Serve A Purpose, Although You May Never See It That Way, Which Is Absolutely OK. ~Acca millionaires.proboards86.com/inde....ad=24620&page=2
|
|
|
Post by imSINGLEruRICH on Feb 15, 2009 14:55:09 GMT -5
tramp DIAMOND JEDI MASTER Re: It's Been A ? * (Acca related posts) « Reply #8635 Today at 1:59am » -------------------------------------------------------------------------------- many things are coming together at all the same time and its right in front of you.. i'm surprised you can't see it.. millionaires.proboards86.com/inde....=19007&page=432
|
|
|
Post by imSINGLEruRICH on Feb 15, 2009 14:56:03 GMT -5
snoopstock5 DIAMOND JEDI WARLORD Re: It's Been A ? * (Acca related posts) « Reply #8609 on Feb 12, 2009, 6:57pm » -------------------------------------------------------------------------------- Feb 12, 2009, 5:46pm, cmkxdiamonds wrote: Will we be here in 2011, still waiting? It seems that way. A massive cover up is going on. We, as shareholders have no proof of NSS. If our certs were already paid for, we are the ones left in the dark and without the $$$$$$$. We are the ones to hold a cert not worth anything. For those that are in need, we cannot even sell them. For others that are invested in other NAKED SHORTE STOCKS OR SCAMS? We cannot sell them either. What a laugh. As for IBM, if he was hired by the government, his first priority is to the government. Sealed documents and all. Meanwhile WE AS SHAREHOLDER THAT HELPED THEM ARE STILL IN THE DARK. Enough is enough. millionaires.proboards86.com/index.cgi?board=main&action=display&thread=19007&page=431
|
|
|
Post by imSINGLEruRICH on Feb 15, 2009 14:56:48 GMT -5
chris Dr. Of Diamonds Re: Updated Daily!! RUMORS ....Believe em' or NOT! « Reply #203 Today at 12:36pm »
-------------------------------------------------------------------------------- Tramp, I don't think there is one clear thinking shareholder that believes anything you say; you're as clueless as the rest of us sheep but you won't admit it.
|
|
|
Post by imSINGLEruRICH on Feb 15, 2009 14:58:00 GMT -5
Tramp, I don't think there is one clear thinking shareholder that believes anything you say; you're as clueless as the rest of us sheep but you won't admit it. squeezebox Diamond Finder Re: Updated Daily!! RUMORS ....Believe em' or NOT! « Reply #204 Today at 1:41pm » Chris...I agree, tramp is an idiot. When he first came on the scene he was like the rest of us, clueless. He made his own board, got a little recognition and now acts like he knows something. He claims to be a miner, most likely one of those idiots that sits out in the river panning for gold flakes or in his case fools gold. Then he started claiming to have inside info, yeah right! Now he posts as if he knows something about a payout and that he knows for a fact it is comming. From what I remember he was often drinking or drunk when he posted years ago and lived like a hermitt somewhere. He also kicked me off his board for calling someone out on their bs. He is a chump, if you asked me and I wouldn't listen to anything he has to say!
|
|
|
Post by imSINGLEruRICH on Feb 15, 2009 15:00:20 GMT -5
seagull Board Addict Re: gossip 2/15/09 « Reply #1 Today at 7:15pm » by Oaks (Andy)Remember... CMKX was an OTCBB company at the time Urban took it over. Then he deregistered the filing status and it became a Pink. However, when he did this CMKX had more than the minimum shareholders allowed. This was ENTIRELY why Stoecklein put the company back into reporting status and how the SEC became involved with the eventual delisting because CMKX was unable to file delinquent filings. Oaks (aimho) ---------- by scruffyAndy, and are we not still officially under reporting status, though barred from public trading until we catch up on our reports? ------------ by OaksScruffy... Yeah...I believe so. Oaks (aimho) Today at 3:27pm, jersey wrote: seagull Board Addict Re: gossip 2/15/09 « Reply #2 Today at 7:18pm » Thanks Jersey You are simply amazing! You're not a research assistant for a legal firm, by any chance? So the answer appears to be: "However, an issuer's duty to file any reports under Section 13(a) of the Exchange Act, and the rules and regula- tions promulgated thereunder, solely because of such securities registration under Section 12(b) of the Exchange Act, general- ly will be suspended at the effective date of the delisting. How- ever, if the issuer has a class of securities registered, or required to be registered, pursuant to Section 12(g) of the Exchange Act or another class of securities registered under Section 12(b) of the Exchange Act, the duty to file reports will continue. cmkxgroup.proboards88.com/index.cgi?board=general&action=display&thread=21030 twobits10 Diamond Finder Re: Updated Daily!! RUMORS ....Believe em' or NOT! « Reply #205 Today at 2:30pm » no! andy...when the Form 15 was filed July 2003 to unregister cmkx, there were approximately 300 shareholders of record (Certificate holders)...(not the same as street shareholders)..... there is an exemption to this form....when foreign holders of record are involved, then they are not counted in the approx. 300 record holders....... cmkx had over 360 Certificate Holders in the James Smith Cree Indian nation out of the 698 holders involved, so cmkx MET THE REQUIREMENT OF FORM 15 TO DELIST CMKX. This is why Stoecklien appealed the Initial Decision......then the SEC stepped in, deals were made, (A Certificate Pull/Taskforce)...etc... so Stoecklien pulled the PFR...and we did the certificate pull.... Jersey, et al..... no reg 12g does not apply because Canada had already shut urban down from trading in Canada, long time before our hearing May 2005. so no, we are not STILL UNDER OFFICIAL REPORTING STATUS....Canada will do what USA SEC requests....cmkx will not trade again....period. that's not to say urban and his buddies can't form a new company with a new ticker and we can trade under new company, rumor has it Star Uranium might be it....it's just symantics folks....just a different name.... 2bits10
|
|
|
Post by imSINGLEruRICH on Feb 15, 2009 15:29:24 GMT -5
By: chrisl21409 14 Feb 2009, 11:40 AM EST Rating: post rating 2 Msg. 810125 of 810494 Jump to msg. # Tyler screwed up. The way I view this is that when Kevin was offered the job as interim CEO I can guarantee you that he spoke with Bill Frizzell first. They had a plan and they knew what they were about to do 6 months after the appointment of Kevin. How do I know this cause they were going to file a derivative lawsuit.
When Kevin became CEO the derivative lawsuit went out the window this was the first mistake of Bill Frizzell that will lead to many.
They decided to file lawsuits in the beginning another mistake. A good attorney ways the facts and risks to rewards. Bill Frizzell had no clue what he was doing. If Bill Frizzell would followed the history he would of known that the share corruption in CMKM should of been the first thing attended too. Lets not forget Bill Frizzell believed in a substantial NSS in CMKM and yet did nothing when he became corporate counsel. Bill Frizzell should of halted the T/A the day Kevin took over from transferring certs. Another mistake.
Instead they moved into lawsuit mode thinking they would scare/threaten a few of the plaintiffs into settling. Another mistake. Any good lawyer knows that crooks like John Edwards will not settle anything. Another blundering mistake. As you can see the mistakes are piling up.
They put the share corruption on the backburner cause who was really running this company? Thats right Bill Frizzell was running this company. Bill Frizzell had the money to run this company. Remember something whoever has the money is in control. Mistake by Kevin but who could he turn too at this point?
Now all of a sudden the company is addressing these issues. And a blind man can see what is happening. Bill Frizzell f**ked this up. Bill Frizzell had no clue what he was getting involved in. Mistake again. Most attorneys way their options. Bill Frizzell never consider anything other than throwing #### at the wall to see if it would stick. Another mistake.
This list can go on and on but in reality of it all the mistakes that Bill Frizzell has made allowed whoever the true culprits are to sweep whatever they want under the rug.
But then again this is just my opinion on a chatboard. Thank goodness golf season is getting closer.
By: chrisl21409 15 Feb 2009, 12:14 PM EST Rating: Msg. 810498 of 810575
Jump to msg. # Here are more mistakes by Tyler:
The company could of resumed trading by getting their financials in order cause that was the main reason they were being investigated. Has the company since the takeover done any of this? Have they even considered getting their financials in order? More mistakes.
They hired a woman named Susan Trimbath but did she really ever work for them? We do not know cause the company does not release this information as it could hurt their "legal case". Another mistake they hide behind the legal phrase way too much.
I doubt she did anything. As a matter of fact imo the company promoting her is like when previous management pr'd Roger Glenn. Not much of difference imo. Another mistake.
This current management should of been doing one thing and one thing only 2 years ago. Finding out what the share structure was and figuring out how to start trading again. Another mistake.
They could of paid Susan Trimbath her going rate which I doubt they did just to clear some of this b.s up. Another mistake.
The list grows everyday with the mistakes and poor strategy they had in place.
|
|
|
Post by imSINGLEruRICH on Feb 15, 2009 15:31:13 GMT -5
|
|
|
Post by imSINGLEruRICH on Feb 15, 2009 15:34:29 GMT -5
By: jonas-dccxcvi 15 Feb 2009, 12:28 PM EST Rating: Msg. 810502 of 810575 (Reply to 810498 by chrisl21409)
Jump to msg. # chrisl- You too are taken in by board noise/sickness.
There is no such thing as a "share structure".
Susan Trimbath was blowing smoke up the shareholders asses that kept emailing faxing and calling everyone associated with CMKX. Susan Trimbath is a fraud.
There are no financials to get in order. There are no accounts payable There are no accounts receivable There is no depreciation on equipment. There is no payroll There are no corporate expenses. There is nothing.........
You try and make it look like you know what you are talking about when it is so simple that there never was a business. So there can never be "financials".
Pump & dump stock scam. That simple Frizzy West and Faulk are around to pick the bones clean.
end of story.........
By: chrisl21409 15 Feb 2009, 12:47 PM EST Rating: Msg. 810516 of 810576 (Reply to 810502 by jonas-dccxcvi)
Jump to msg. # Actually jonas you are incorrect about some of those points:
There is an accounts payable as some entity is paying people. Which this falls under payroll. There are corporate expenses as Bill is billing the corporation for the work he is doing. There are financials. When the hearing took place they stated they had about 75% of the financials in place. The current management has not even tried to address this as they have moved into the lawsuit business.
And yes it is a pump an dump and is the current management dumping a huge legal bill onto the company so if they do get lucky and receive a small settlement from one of the crooks they all will be take care of?
|
|
|
Post by imSINGLEruRICH on Feb 15, 2009 15:39:33 GMT -5
By: rosencrantz2010 15 Feb 2009, 01:56 PM EST Rating: Msg. 810536 of 810576
Jump to msg. # someone is paying good money to TYLER. a risky move in this environment. nothing certain. and yet, someone has stepped up and decided to lend millions to TYLER. wow.
i wonder if TYLER will pay it back in the event nothing pans out for them?
given TYLER's desperate need for money from the lawsuits it is a little strange that they haven't done more to go after urban to try and get some money.
here it is, a year after urban stuck his tongue out at the judge, court and TYLER and said, "go suck an egg," and yet TYLER just let him go. why? and why would they do that when they obviously need the money?
maybe the deal was that TYLER agreed to sell their first born in the event they can't win their lawsuits and make any money? what would the lender want as collateral? maybe it was a local bank that wasn't caught up in all the banking scandal and that bank had more money than it knew what to do with?
rich texan that just doesn't care about money?
local bank with more money than it knows what to with?
or,,, maybe someone lent them all that money? but who?
|
|
|
Post by imSINGLEruRICH on Feb 15, 2009 15:42:53 GMT -5
By: aladin99 15 Feb 2009, 03:19 PM EST Rating: Msg. 810572 of 810576
Jump to msg. # I think everyone of us will receive our Victim Notification Number (VNN) soon...The Treasury Department had our shareholders' list long time ago...
|
|