By: bhollenegg
21 Oct 2011, 06:09 AM EDT
Rating: post rating 4 Msg. 1042805 of 1042831
(Reply to 1042616 by stinky_pinky)
Jump to msg. #
stinky_pinky...
The lawsuit served its purpose. The funds were made known and moved to an assigned trustee(s) account(s). The funds will be released because of this and many other pertinent steps taken by Attorney Hodges and his Team, as well as other entities working directly and indirectly on the Shareholders' behalf.
You have a problem with believing the $3.87 Trillion Dollar figure? You have a problem with believing that CMKX was shorted to the point that Trillions of Dollars were paid to cover the short, penalties, and interests from the ill-gotten gains. The majority of naked short was known before the cert count. The following is what the Task Force sent before the cert count to the brokers who were identified with illegally shorting CMKX....over 9 times the authorized amount. Do you actually believe that the Task Force and all the entities involved, including Mr. Robert Maheu would provide the perpetrators of this crime 'a get out of jail card' with no monetary exchange to cover the counterfieted stocks? Read "The Stand" in the link provided at the end. How many pink stocks do you know of in the history of the stock market involved and attracted the amount of attention as CMKX? What is the attraction of CMKX?.....Trillons...and the repercussion of Trillions.
The Naked Short Count…
A broker document confirms the naked short amount was known before the Certificate Pull. Recall, Urban was the second largest shareholder in a company, CSII, which specialized in monitoring and identifying naked shorting activities.
The Broker Document…
(The document sent to the broker annotates an oversold situation and the multiplier of 9.)
************************************************************************
The certificate will be issued in the name of the account, XXXXXXXXX XXXX. Once the shares have been issued, the shares will not be
showing up in your account.
Regarding the compensation settlement, there is actually an ongoing
voluntary tender for this security. The details are below:
Description CMKM DIAMONDS INC
Symbol 125809103
CUSIP 125809103
Offer MUTUAL FUND TENDER
Offer Description PHYSICAL CERTS
Other Offers Available
Offer Dates
Cut-Off Date 12/16/2005 Cut-Off Time 19.00.00
Withdrawal Date Withdrawal Time 00.00.00
Expiration Date 12/31/2005 Expiration Time 17.00.00
Protected Date
Offer Details
Odd Lot Over Subscribe
Minimum Bid Maximum Bid
Increments Multiplier Factor 9
<TO PARTICIPATE IN THE FOLLOWING DISTRIBUTION, HLDRS MUST ENTER TRANSFER
<& SHIP INSTRS NO LATER THAN 12/16/05. ON 10/28/05, ENTOURAGE MINING LTD
<COMPLETED A PRIVATE PLACEMENT, WHICH EFFECTIVELY REMOVED ALL
<CONTINGENCIES FROM THE AGREEMENT OF 10/21/05 BETWEEN ENTOURAGE & CMKM
<DIAMONDS INC. CMKM IS AWAITING RECEIPT OF THE 50,000,000 SHS OF
<ENTOURAGE MINING COMMON STK. CMKM BOARD OF DIRECTORS, HAS RESOLVED TO
<DISTRIBUTE THE 50,000,000 SHS OF ENTOURAGE COMMON STK TO ALL CMKM BONA
<FIDE STOCKHLDRS. IN ORDER TO BE CONSIDERED A BONA FIDE STOCKHLDR OF
<CMKM, A PHYSICAL STOCK CERTIFICATE IS- SUED IN HIS/HER/ITS NAME WILL
<NEED TO BE PRESENTED TO THE DISTRIBUTION TASK FORCE FOR CONFIRMATION ON
<OR BEFORE 12/31/05.TRANSFER AGENT FEE OF $16.50 PER CERTIFICATE PLUS
<ANY APPLICABLE PERSHING TRANSFER & SHIP FEES WILL BE CHARGED. ONCE
<HLDRS RECV CERTIFICATES THEY MUST FAX THEM TO CMKM. //TO HAVE
<CERTIFICATE ISSUED, WIRE CUSTODY DEPT IN SERVICE CENTER OR SEND ADMS
<WIRE TO "PTFR" BY 12/16/05. FOR INFO GO TO
WWW.CMKMTASKFORCE.COM*********************************************************************
MULTIPLIER
For ordinary short selling, traders must borrow a stock, or determine that the stock can be borrowed. The stock is annotated as shorted until cleared usually T-3 days.
For naked short selling, the trader does not borrow a stock, or does not determine that the stock can be shorted. Since the stock is not annotated as shorted, the stock can be shorted numerous times creating a multiplier effect. Examples...if the same stock is shorted twice, the multiplier effect is 2 times. If the same stock is shorted 9 times, then the multiplier is 9.
A mutual fund tender is being offered at a premium to the market price. The description of the tender offer are Entourage Shares for CMKX Certificate Holders. The tender offer is oversubscribed by 9 times. For each authorized share of CMKX, there are 9 times the amount of CMKX in the market.
In other words, 703.5 Billion Authorized Outstanding Shares multiply by 9 equals 6.3315 Trillion Shares of CMKX.
Therefore, 6.3315 Trillion shares were required to be covered at a premium determined to be the market price, which for a private company is a fair price determined based on the value determined by the company (does 54 cents ring a bell).
John Martin’s Owners Group assisted the Task Force with the cert pull and share count.
The part of the John Martin Letter, which stands out…
“We know we have a huge naked short (835 billion shares, including cert holders, and NOBO lists, and with just 20% of street shares faxed in, leaving 80% not even reporting! This does not begin to mention those who are not included from other countries.) These two things alone can be our winning combination. “
NSS = 835 Billion Shares counted (20%) + 80% of the shares not reported or faxed in yet + other countries.
cmkxunofficial.proboards.com/index.cgi?board=roe&action=display&thread=5220Thank you,
BHollenegg
ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=1042805