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Post by georgie18 on Jul 26, 2010 16:25:38 GMT -5
THANKS SINGLE
I thought it was Tim but when I saw BH post it was Brandon I thought I had lost the remaining fragment of sanity I had left....
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Post by prospector777x3 on Jul 26, 2010 17:08:54 GMT -5
As Hodges has said ....We have repeatedly been lied to over and over about funds being released!!! This is just a continuation of the games folks....not till we officialy can cash our chips in.
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Girl
Diamond Finder
Posts: 90
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Post by Girl on Jul 26, 2010 17:20:31 GMT -5
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Post by 2018 on Jul 26, 2010 17:29:16 GMT -5
thanks brandon ! apreciate all fighters against nss.
I wish you and all shareholders of siri success.
all the best !
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Post by bmatthews on Jul 26, 2010 17:32:56 GMT -5
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Post by Catdaddy on Jul 26, 2010 17:33:00 GMT -5
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Post by georgie18 on Jul 26, 2010 18:48:02 GMT -5
Brandon Matthews please reply to your following statements..I was sent an email this morning that stated unequivocally that it would come down within 72 hours. As I said, I trust the person because I have been very involved with him with regards to NSS.
A phone call later suggested by August 2, which seems to confirm the original email.How does a phone call suggesting August 2, confirm an e-mail which states uneqivocally within 72 hours? 
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tcoop
Diamond Hunter
Posts: 13
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Post by tcoop on Jul 26, 2010 18:54:47 GMT -5
Brandon Matthews please reply to your following statements..I was sent an email this morning that stated unequivocally that it would come down within 72 hours. As I said, I trust the person because I have been very involved with him with regards to NSS.
A phone call later suggested by August 2, which seems to confirm the original email.How does a phone call suggesting August 2, confirm an e-mail which states uneqivocally within 72 hours? lmao! He will learn quickly to chose his words carefully with this group!  Not that that is in any way a bad thing...  |
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Post by thematrix on Jul 26, 2010 20:52:05 GMT -5
But do we even want publicity at this stage in the game if we are to sign nda's soon? I would love for the floodgates to open...but after the second
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Post by imSINGLEruRICH on Jul 26, 2010 22:11:14 GMT -5
first post and I feel like a schmuck...yes on the june 25th thing.... I was introduced to this just this morning. I have been sent the mountain of legal documents to pour over and have not had any time. I apologize for my ignorance. I was sent an email this morning that stated unequivocally that it would come down within 72 hours. As I said, I trust the person because I have been very involved with him with regards to NSS. A phone call later suggested by August 2, which seems to confirm the original email. I will continue to look into it and report on it. As for being a shareholder or member..I believe the info came from someone involved from the legal side of things... No worries..... Thanks for your prompt reply. Also, I forgot to mention..... Interesting people that you have dealt with, especially Susan Trimbath. Mrs. Trimbath is a household name in the CMKX saga. From what we know, she has worked with both CMKM Diamonds (the company) and with Al Hodges & Assoc, in regards to NSS. We would truly appreciate any other tidbits, that you can dig up from your sources. Like how much per share settlement.......( lol lol Just kidding..... or am I ? lol ) Again, Thanks for your time!! SINGLE |
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mb66
Diamond Hunter
Posts: 43
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Post by mb66 on Jul 28, 2010 13:04:37 GMT -5
So where does the recent confirmation of BH info w/ AH that deal is not yet done put us w/ the credibility & claims of this article? Stating that it is believed this week for settlement, etc. We don't know who the source is for this writer, are we assuming more misinformation, or do we ride this one out on the Hope train as well?
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Post by imSINGLEruRICH on Jul 28, 2010 15:31:12 GMT -5
So where does the recent confirmation of BH info w/ AH that deal is not yet done put us w/ the credibility & claims of this article? Stating that it is believed this week for settlement, etc. We don't know who the source is for this writer, are we assuming more misinformation, or do we ride this one out on the Hope train as well? MB, Your guess is as good as mine. We have not heard from Mr. Matthews since the day the article hit the wires. I would venture to say that if nothing occurrs this week, Mr. Matthews will be getting quite a few emails/phone calls asking him to release the name/names of his "source" or better yet "non-source".. If this is , in fact, mis-information, IMO..... he should at least owe us that much. just my 2 cents SINGLE |
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Post by imSINGLEruRICH on Jul 31, 2010 15:02:53 GMT -5
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Post by thunkerdrone on Jul 31, 2010 21:33:50 GMT -5
the link does not work, please copy and paste it , whatever it is |
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Post by imSINGLEruRICH on Jul 31, 2010 21:45:59 GMT -5
try now.... sorry.. I believe it is the same as the 1st post on the 1st page
Naked Short Settlement Could Bring Major Market Reform
Posted on July 26, 2010 Brandon Matthews
By Brandon Matthews
You won’t hear about it anywhere in the financial press. CMKM Diamonds was just another victim of illegal naked short selling. As it’s share price tumbled from counterfeit shares flooding the market, the SEC turned a blind eye as investors in the company were wiped out. Ironically, the SEC used CMKM Diamonds as part of a sting operation in order to trap the perpetrators of the crimes, yet prosecuted no one.
In the end, the SEC itself decided not to prosecute any of the criminals and instead cut deals with them after the company had been wiped out. CMKM however, did not go away quietly. The company filed a 3.87 Trillion dollar lawsuit against the SEC, Mary Shapiro and a host of former SEC commissioners. Sources close to the matter indicate to me that a settlement will be announced this week, which could result in radical changes in naked short selling laws and have a drastic affect on Sirius XM going forward.
Sirius XM shareholders are all too familiar with naked short selling, which was the topic for the documentary “stock shock,” which I took part in. It is the primary reason that Sirius XM’s share price sits where it does today. The stock continues to be cellar boxed and the SEC continues to allow such illegal activities to persist. Just look at any equity listed on the Reg Sho list such as SNSS. That stock has lived on that list for some time now, as it continues to be counterfeited and sold. The SEC simply doesn’t get it.
Whether or not a company…any company, faces financial uncertainty, does not give the right to sell more shares of its stock than exist by unscrupulous groups. The lawsuit filed by CMKM Diamonds seems to prove beyond any reasonable doubt that the SEC is complicit in naked short selling activities.
Even today, hedge funds hire their own writers to report negative news on their naked short targets and help drive prices down. This type of media manipulation has slowed somewhat, and the results can be seen in the performance of hedge funds, many of which have gone “legit.” Without the ability to manipulate the press, most are under-performing. Still many continue to scoff at an SEC which balks at any real enforcement of securities laws on this issue.
As part of the settlement that will likely come later this week, I expect major reforms to accompany the settlement. Certainly they must, because what is anticipated to be one of the largest settlements in U.S history, will set a precedent for any other companies and/or shareholders who were victimized by illegal naked short selling, to file similar actions. This potential includes the shareholders of Sirius XM Radio, of which there are many investors chomping at the bit to sue the SEC itself for the inaction to date with regard to Sirius XM naked short abuse complaints.
Position: Long SIRI
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