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Post by steeladybug on May 18, 2010 18:49:58 GMT -5
July 26th is my grandchildren's second birthday. It's a good day for me regardless.
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super
Dr. Of Diamonds
Posts: 176
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Post by super on May 18, 2010 20:46:29 GMT -5
I`m thinking July 23rd the friday before is a good payday! I really don`t think the sec wants to go to court and admit they are wrong. A payout before the court date is win win for both sides!!!
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Post by NobleForce2 on May 18, 2010 21:19:59 GMT -5
I`m thinking July 23rd the friday before is a good payday! I really don`t think the sec wants to go to court and admit they are wrong. A payout before the court date is win win for both sides!!! But it's the guy in the CIA that's holding it up.
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Post by crazy777 on May 18, 2010 22:33:22 GMT -5
Knowing Trial starts July 26th...We know Hodge is confident this will not go to trial. We also know the court will not grant another extension. So CMKXer's this is it the final count down till we put closure on CMKX payout theory. GLTA and GO CMKX. "If your in U win....If your in doubt well too late to get out" Richerob I'm sorry, but you are absolutely wrong. There is no trial scheduled in this case yet. The July 26th date is merely the date by which the defendants need to file an answer to Hodges's complaint -- it's simply filing a document. The judge hasn't even issue a scheduling order, and given the heavy docket in the Central District of California, trial likely will not be set to happen until at least 2 years from when the judge issues the scheduling order, which he hasn't even done yet.
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Post by Duc N Altum on May 19, 2010 3:48:39 GMT -5
A HUGE LOL cowbell!!!!!!!!!!!!!!!!!!!!!!!!! ;D
And on this topic of July 26,2010, I see in a different kind of light. Yes, it appears to be light years away from the present time expectations. But the way I am currently looking at it is as a potential deadline. Yes just a hearing but it is also interesting how THEY needed an extension.
And isn't it Al who granted THEY their requested extension? Hmmm? Is Al in a certain control position or on an offensive side of things here? Defense is ALWAYS the reactor to one's offense, otherwise they would not be on defense.
Wow it really can appear that Al feels good with what he has got to allow the other side the extra time. And time is an issue in our case because Al has said that he wanted to release the funds as soon as possible. So if he grants them this extension, and yes he probably could give another if he chose, but if time is an issue, why would he go beyond this time if he has the ultimate proof? What would Al's ultimate proof be? What would be the slam dunk, home run grand slam, checkmate proof that Al has that the SEC and all know would cripple them in any court situation with us threatening to leak out our situation? COULD IT BE THE SIMPLE ELEMENTARY PROOF OF THE ALREADY COLLECTED AND WAITED UPON SETTLEMENT MONEY? Well if Al knows it, sees it as tangible as ever, then the scary question would be in a court, WHY is that money there? WHO paid that? Why is there such a large amount of money there in a company that says or looks to have nothing? And on and on like questions. And the scary thing of the SEC realizing this I could see they being in a checkmate mode. IF WE HAVE THE MONEY WHICH AL is so confident in saying that it is there, WOULD THAT BE THE ULTIMATE PROOF that AL has some incriminating evidence against these former and current folks to where they realize that they might not have a leg to stand on? And if that be the case, and they requesting an extension, would it not be wise for this threat to force the remainder of entities to be paid that are holding up our payment, so we all can move on in the directions we are supposed to go?
It just makes sense that if the only proof Al needed to force a threat on our situation, with the SEC needed an extension and for Al to be so willing to grant them that, would it not be a wise choice to end our situation by or as soon as possible? Especially if the SEC knows that this money is there, and by who, and mainly for what reason. Maybe this is not the case but in a journey where it is hard to define where the ending is, this has a possibility like any other. Just a simple thought and or opinion.
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Post by Sugarpaw on May 19, 2010 11:11:09 GMT -5
the July26,10 date was just a postponement for them to submit their scheduling for discovery, from my understanding. As crazy777 stated the actual trial date has not been set....IMHO Sugarpaw
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Post by richerob on May 20, 2010 6:24:18 GMT -5
I will update this post daily till we get paid! The clock is ticking.
Richerob
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Post by gjfromfla on May 20, 2010 7:25:40 GMT -5
I will update this post daily till we get paid! The clock is ticking. Richerob The clock has been ticking for 7 years....
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Post by richerob on Jun 12, 2010 7:35:20 GMT -5
We are in the home stretch CMKX'ers. By June 17th (5 days or less) we will see Hodges next chess move. He either responds to the motion to dismiss with some evidence for us to see...or he does not respond meaning his leverage has worked and we get paid quickly. Then we have the Final Closure date of July 19th to see if Hodges has to go to trial or not(dismissed) and then Game Over.
Richerob
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Post by varnson on Jun 12, 2010 7:49:55 GMT -5
Nobody will see any evidense this month or next month because ed court is totally different in procedure then state level court. The next move is evidense to the judge and then on the 19th dismissal or set trial date and don't buy that the US Gov is afraid us because they are not and that will be demonstrated soon.
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Post by richerob on Jun 12, 2010 8:05:23 GMT -5
Well as it stands varnson you are correct.. the gov't is not scared of us one bit as we have not been paid as of now..... So as we approach the July 19th date we will now see if Hodge actually has this evidence he proclaims to have and close the book on CMKX.... if he does not have this evidence this will be dismissed and we all can move on with our lives and not have to hear the 4 letter symbol ever again.
Richerob
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Post by varnson on Jun 12, 2010 8:27:00 GMT -5
Rich you are correct and I hope for the best but for me on the surface it is a real stretch to think we will be rewarded millions when real companies like Enron/WorldCom and others that actually made money never have paid out and they were an actual operating companies which we never were in any way shape or form...Time will tell but remember UC was just indicted in NV in the BioMedic scam so you be the judge.
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Post by mrabner on Jun 12, 2010 8:41:47 GMT -5
Varnson, last time i'm going to comment on your post, as I find it a waste of time
Your last statement proves to me without a shawdow of a doubt that you have no idea of what is going on. say hi to janice for me.
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Post by deltadon30228 on Jun 12, 2010 9:02:52 GMT -5
The best guess would be that we will start the payout process on our just before the July 26th court date. I still think they will drag out the payment process a couple months bringing us to early fall, it's clearly obvious the powers that be are trying to get as much accomplished on their agenda prior to releasing the funds.
I still feel it will be a structured settlement with initial payout and annual or quarterly payouts lasting several years, gives for a great political boost for an extended time frame. No matter who is in power right or left, they would do this so I don't think it's fair to attack from a left or right standpoint, just my opinion.
This will go right up until the July 26th date, I would be shocked if it didn't, but I think the most important thing we as shareholders have always wanted was a clear etched in stone judgment for the funds, give us the go ahead through Mr. Hodges or what I think most would rather have is a etched in ink document telling us of when and how much. I think Al would have a ton of explaining to do if he would agree to another extension, don't see him doing that, but hey this is CMKX.
That is first and foremost on many shareholders minds, if it takes 30-90 days for disbursement, I'm OK with that and I think that is a good possibility of how this will have a soft landing or should I say quiet landing.
I think everyone would be shocked if this went to trial.
We have been here for years, what's another 30-45 days.
Don,IMHO!
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Post by enoughalready on Jun 12, 2010 9:05:13 GMT -5
I hope that is the case but I feel that we have more twist and turns left in this thing..
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