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Post by lovindiamonds on May 13, 2010 14:47:13 GMT -5
Why don't you all just tell yourself, NO money until this fall and go get drunk and leave Bhollenegg alone. All your questions have been answered but you still keep asking them in a different ways. If they knew, when your getting it and could tell you, they would, but they can't, whats so hard to understand about that? Half of you are just trying to cause trouble and are being disrespectful and ungrateful. If I was Bob I would just go silent and let you all figure it out for yourselves, you have treated him like sh#@, he deserves better than that. This isn't just about CMKX, why can't you understand that, it's GLOBAL! and they will blow the lid off when they are good and ready, not a day sooner, they don't care how much you whine, b*tch or complain, they're in control. Why is that so hard to understand, come on your smarter than that. It's over but you aren't going to see the money for a while, end of discussion. THE RELEASE IS ABOUT TIMING! If everyone would have been paying attention and following this stock since day one, you wouldn't have to ask all these questions, each shareholder is responsible for their own DD when they purchase a stock, you lose your right to complain if your not willing to do your own DD and then turn around and attack those who try to help. What a shame! Those of you doing this should be embarrassed. Take a break and have a drink. Don, IMHO! When you are dealing with over 40,000 people, some if not many that have never purchased stock before, others out of work or not making enough, you are going to get some not very bright (or intelligent) actions...
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Post by brilliance on May 13, 2010 15:14:19 GMT -5
Beavis - I noticed that too...why do you think his posts were removed? I remember this guy on RB from 3 or 4 weeks ago right before Tyler announced the appointment of Lowden. He came on RB a day or 2 before Tyler put out that PR and mentioned Jim Lowden's name. Very weird...
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Post by yetihunter on May 13, 2010 15:34:36 GMT -5
Beavis - I noticed that too...why do you think his posts were removed? I remember this guy on RB from 3 or 4 weeks ago right before Tyler announced the appointment of Lowden. He came on RB a day or 2 before Tyler put out that PR and mentioned Jim Lowden's name. Very weird... also, i wonder if he's talking about tyler when he says "i'm hearing rumblings of news." usually when people are talking about AH, they talk about "updates." so maybe tyler is about to release some news...?
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Post by brilliance on May 13, 2010 16:01:38 GMT -5
Yeti - my thoughts exactly. It seems like he may have a tyler connection not an Al/Plaintiff connection. The only reason I do not immediately discount his post is because he really did mention lowden prior to the Tyler PR, saw it with my own eyes.
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Post by beavis on May 13, 2010 16:20:21 GMT -5
ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=932794By: sportsman93306 13 May 2010, 03:45 PM EDT Rating: Msg. 932794 of 932822 Jump to msg. # BHOLLENEGG SOME IMP QUESTIONS. 1.Did we progress after last update from AL/ 2.Is it true that only 1 trustee left to sign? 3.I sit true that , that trustee is a legislator? 4.As per Richy, the money is in bank.Is it true? Which bank? THANKS SPORTSMAN ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=932815By: bhollenegg 13 May 2010, 04:54 PM EDT Rating: Msg. 932815 of 932822 (Reply to 932794 by sportsman93306) Jump to msg. # Sportsman93306..For 1 and 2 ...waiting for status of ER, 3. I do not know. 4. The funds were transferred. I do not know which banks. Thank you, BHollenegg
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Post by snifferpup on May 13, 2010 16:41:37 GMT -5
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Post by BHollenegg on May 13, 2010 18:37:34 GMT -5
No, I disagree. It would be nice if Bob can confirm or clarify what's in Lovindiamonds post above once and for all. Below is what I posted with excerpts from Bob. So Bob states on Saturday that Al was working through the weekend to see if just the CMKX funds could gain ER approval. Excerpt from Bob's Saturday May 8th Post"Attorney Hodges and Mr. Dennis Smith are working the release issue in getting the Economic Receipt approved for the CMKX Funds without having to wait for the others. They are working through the weekend and doing whatever it legally takes to release the funds." So Monday I asked Bob if progress had been made over the weekend having ER approved just for CMKX. Below is his answer. Bob's Excerpt this morning May 11th."1. They were in February, but smaller Trusts stopped the process at the last hours as a leverage to get their situation sorted. Attorney Hodges worked through the weekend on another issue." Bob, if you read this please clarify what you meant in your post Saturday compared to what I asked you and your answer from this morning? I must be missing something. Thanks, Davesaint Davesaint and Lovindiamonds, Attorney Hodges objective is to release of the funds to the CMKX Shareholders as quickly as possible. The stipulation of the trust funds requires Economic Receipt to release the funds. Economic Receipt occurs when all trustees have access to all of the funds they are responsible for. My understanding is that the Trust Funds are placed in 10 to 12 Tiers. They are funded with Treasury Bonds. There are several trust funds under each Tier. In one of the Tiers are the CMKX Funds. Each of the Tiers have to be funded to cover the Treasury Bonds. Then the funds are transferred to the control of the trustees. When all the trustees have access to all of the funds they are responsible for, then the Economic Receipt (permission) is received to release the funds to the the recipients. In February 2010, seven of the Tier Funds were funded. One of the Tiers funded contained the CMKX Trust Funds. An exception to the stipulation was made for the CMKX Trust Funds. The Funds were ready to be transferred to the control of the trustees and then released to the CMKX Shareholders. The transfer was delayed because the other fund representatives wanted to make sure they were totally funded and not left fending for themselves. In April 2010, the CMKX Funds were transferred to the control of the Trustees. The trustees are waiting for the Economic Receipt to release the funds to the CMKX Shareholders. There were some obstacles, but each one was resolved. Presently, we are waiting for the Economic Receipt, which can happen at any moment. Thank you, BHollenegg
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Post by lovindiamonds on May 13, 2010 18:47:38 GMT -5
Davesaint and Lovindiamonds, Attorney Hodges objective is to release of the funds to the CMKX Shareholders as quickly as possible. The stipulation of the trust funds requires Economic Receipt to release the funds. Economic Receipt occurs when all trustees have access to all of the funds they are responsible for. My understanding is that the Trust Funds are placed in 10 to 12 Tiers. They are funded with Treasury Bonds. There are several trust funds under each Tier. In one of the Tiers are the CMKX Funds. Each of the Tiers have to be funded to cover the Treasury Bonds. Then the funds are transferred to the control of the trustees. When all the trustees have access to all of the funds they are responsible for, then the Economic Receipt (permission) is received to release the funds to the the recipients. In February 2010, seven of the Tier Funds were funded. One of the Tiers funded contained the CMKX Trust Funds. An exception to the stipulation was made for the CMKX Trust Funds. The Funds were ready to be transferred to the control of the trustees and then released to the CMKX Shareholders. The transfer was delayed because the other fund representatives wanted to make sure they were totally funded and not left fending for themselves. In April 2010, the CMKX Funds were transferred to the control of the Trustees. The trustees are waiting for the Economic Receipt to release the funds to the CMKX Shareholders. There were some obstacles, but each one was resolved. Presently, we are waiting for the Economic Receipt, which can happen at any moment. Thank you, BHollenegg No, thank you BHollenegg. You have been extremely patient and a valuable asset for keeping all of us informed. - LD
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Post by gabbyhayes on May 13, 2010 18:52:37 GMT -5
WOW...!!!! It can't get any more explicit than that....CHILDREN...READ IT AND WEEP....d*mn...chill out......
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Post by beavis on May 13, 2010 19:03:35 GMT -5
No, I disagree. It would be nice if Bob can confirm or clarify what's in Lovindiamonds post above once and for all. Below is what I posted with excerpts from Bob. So Bob states on Saturday that Al was working through the weekend to see if just the CMKX funds could gain ER approval. Excerpt from Bob's Saturday May 8th Post"Attorney Hodges and Mr. Dennis Smith are working the release issue in getting the Economic Receipt approved for the CMKX Funds without having to wait for the others. They are working through the weekend and doing whatever it legally takes to release the funds." So Monday I asked Bob if progress had been made over the weekend having ER approved just for CMKX. Below is his answer. Bob's Excerpt this morning May 11th."1. They were in February, but smaller Trusts stopped the process at the last hours as a leverage to get their situation sorted. Attorney Hodges worked through the weekend on another issue." Bob, if you read this please clarify what you meant in your post Saturday compared to what I asked you and your answer from this morning? I must be missing something. Thanks, Davesaint Davesaint and Lovindiamonds, Attorney Hodges objective is to release of the funds to the CMKX Shareholders as quickly as possible. The stipulation of the trust funds requires Economic Receipt to release the funds. Economic Receipt occurs when all trustees have access to all of the funds they are responsible for. My understanding is that the Trust Funds are placed in 10 to 12 Tiers. They are funded with Treasury Bonds. There are several trust funds under each Tier. In one of the Tiers are the CMKX Funds. Each of the Tiers have to be funded to cover the Treasury Bonds. Then the funds are transferred to the control of the trustees. When all the trustees have access to all of the funds they are responsible for, then the Economic Receipt (permission) is received to release the funds to the the recipients. In February 2010, seven of the Tier Funds were funded. One of the Tiers funded contained the CMKX Trust Funds. An exception to the stipulation was made for the CMKX Trust Funds. The Funds were ready to be transferred to the control of the trustees and then released to the CMKX Shareholders. The transfer was delayed because the other fund representatives wanted to make sure they were totally funded and not left fending for themselves. In April 2010, the CMKX Funds were transferred to the control of the Trustees. The trustees are waiting for the Economic Receipt to release the funds to the CMKX Shareholders. There were some obstacles, but each one was resolved. Presently, we are waiting for the Economic Receipt, which can happen at any moment. Thank you, BHollenegg HUGE. Ya have to read it a few times... Thanks BH!
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Post by mrabner on May 13, 2010 19:22:15 GMT -5
You would think that if they have this much info that they should have ruff guess has to the pps we will be getting, you would think
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Post by pootsa on May 13, 2010 19:24:14 GMT -5
There ya go, a very detailed explanation by Mr. Hollenegg. Thanks Bob, we are as close to the end as possible and i can see this being completed before the end of July, if not much sooner. Too, in my opinion, Mr. Hodges has agreed to delay this to encompass other Trusts who do not have the power or representation that we have. He is doing a great service for many others who have no idea. I applaud him for that. I do believe there is a point in time which has been predetermined by Mr. Hodges, in which he will push the button to get this done for us without others being funded.
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Post by davesaint on May 13, 2010 19:28:11 GMT -5
Thank you very much Bob. This is what I've been waiting for since Monday. It was worth the wait. I'm starting to get excited. Davesaint
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Post by lovindiamonds on May 13, 2010 19:32:11 GMT -5
You would think that if they have this much info that they should have ruff guess has to the pps we will be getting, you would think If US $3.87 trillion is set aside just for CMKX and that gets distributed equally based on the number of shares owned, assuming that the OS is 622 billion that would be roughly $6.22 per share. Obviously that is going on only the speculated numbers of what is set aside for CMKX, that all of said funds get released to shareholders, that those funds are distributed based on number of shares owned, and that the OS is 622 billion. So there is a lot of assumptions.
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Post by davesaint on May 13, 2010 19:42:30 GMT -5
"They are funded with Treasury Bonds. "
Okay the question now based on the statement above is our money going to be given to us as treasury bonds or both treasury bonds and cash (Federal Reserve Notes)? Or are we given cash but the payouts are funded by the Govt selling Treasury bonds to the public, China, etc? And if we are given all Treasury Bonds have they matured by now to convert them to cash? Just curious. I want the money to be liquid or at least a big chunk of it. If you read the Wanta .pdf, Wanta agreed as soon as he received his $4.5 trillion to immediately purchase $1 trillion in treasury bonds. Or if its a structured settlment maybe we receive for example 1/4 or more in cash and and then short term treasuries for the remaining funds paid over many years. All speculation.
Narvo from the Raging BS board is asking about the treasury bonds
"YOU SAY THE TIERS ARE FUNDED WITH "TREASURY BONDS", THEN YOU SAY 3 SENTENCES AFTER THAT ONE THAT THE TIERS HAVE TO BE FUNDED TO COVER THE TREASURY BONDS...... IT SOUNDED LIKE THE TREASURY BONDS WERE FUNDING THE TIERS IN THE 1ST SENTENCE AND IN THE OTHER SENTENCE IT SOUNDS LIKE THERE HAS TO BE "FUNDS" TO COVER THE "TREASURY BONDS" FUNDING THE TIERS. Can you see the confusion? Which one is it and if the treasury funds have to be funded , how are the funded??? TIA " Davesaint
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