Post by Ed Jagacki on Aug 28, 2007 15:05:12 GMT -5
Dr.Diamond
honorable administrator
Joined: Nov 2006
Posts: 1,799
Hi Everyone! I hope you are well.
« Thread Started on Today at 12:40pm »
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Hi Everyone,
I hope all are doing well.
I don’t have very long, but I did want to stop in and say hi. I believe that the evidence of the excellent character that many CMKX shareholders have can be seen by the faithful steadfastness of those around this board and a few others to stay the course.
I believe the efforts of Kevin and those working with him (namely, Bill Frizzell) for the betterment of all shareholders, has already exceeded the expectations of most and should have quieted the naysayer. We still have a long way to go, but I believe we are on course to legitimize CMKX’s position as a company and reenter the Market Place for trading.
I have often been asked about the possibility remaining of a huge naked short position being on the books for CMKX and one can only speculate simply because we never had 100% participation by the shareholders, nor the brokerage firms for the certificate pull. Having a limited certainty degree of knowledge on how the market functions on a daily basis, I would expect there most definitely is a naked short position on CMKX somewhere. How HUGE it is, IMO, can only be determined by having SEC participation in the discovery process and I don’t think that is possible nor is it probable. Maybe Kevin or Bill could wade in on this topic at some point.
Personally, I don’t believe our concern at this point is focused on how large a NSS position there is with CMKX, but rather:
• what are the remaining assets of the company;
• by whom, where and how have the past assets been dispersed or surrendered;
• can we get them back;
• who has criminalized the company;
• gather the available info for discovery and determination to resolve the outstanding issues;
• secure the necessary funding to remain a going concern;
• generate a revenue stream;
• reintroduce CMKX to the market;
• allow the shareholders shares to generate the float w/o introducing any new shares to the market place;
• let the updates to REG SHO and the grandfathering clause motivate the brokerage firms to resolve their “fail to delivers” and eliminate the NSS position;
• focus on restructuring the share structure for CMKX in a positive fashion; etc…
We have been looking back to resolve the present which is very necessary and I believe the discovery and determination phase has been extremely successful. As those accountable begin to be disciplined by the proper methods and authorities we can shift our focus from looking back to resolve the present to establishing and engaging a building plan that is looking ahead for long term growth and stability.
Thanks Kevin, Bill, associates, shareholders and all others that never quit, never lost hope, never said die, and kept getting up from the mat for the next round. I believe to one degree or another we are all winners already.
I Always believe in success, because in my opinion the alternatives to success are completely unacceptable!
Success is at hand!
(These are only my opinions and I do ask that you treat them as such – Thank you)
Dr.D
honorable administrator
Joined: Nov 2006
Posts: 1,799
Hi Everyone! I hope you are well.
« Thread Started on Today at 12:40pm »
---------------------------------------------------------------------
Hi Everyone,
I hope all are doing well.
I don’t have very long, but I did want to stop in and say hi. I believe that the evidence of the excellent character that many CMKX shareholders have can be seen by the faithful steadfastness of those around this board and a few others to stay the course.
I believe the efforts of Kevin and those working with him (namely, Bill Frizzell) for the betterment of all shareholders, has already exceeded the expectations of most and should have quieted the naysayer. We still have a long way to go, but I believe we are on course to legitimize CMKX’s position as a company and reenter the Market Place for trading.
I have often been asked about the possibility remaining of a huge naked short position being on the books for CMKX and one can only speculate simply because we never had 100% participation by the shareholders, nor the brokerage firms for the certificate pull. Having a limited certainty degree of knowledge on how the market functions on a daily basis, I would expect there most definitely is a naked short position on CMKX somewhere. How HUGE it is, IMO, can only be determined by having SEC participation in the discovery process and I don’t think that is possible nor is it probable. Maybe Kevin or Bill could wade in on this topic at some point.
Personally, I don’t believe our concern at this point is focused on how large a NSS position there is with CMKX, but rather:
• what are the remaining assets of the company;
• by whom, where and how have the past assets been dispersed or surrendered;
• can we get them back;
• who has criminalized the company;
• gather the available info for discovery and determination to resolve the outstanding issues;
• secure the necessary funding to remain a going concern;
• generate a revenue stream;
• reintroduce CMKX to the market;
• allow the shareholders shares to generate the float w/o introducing any new shares to the market place;
• let the updates to REG SHO and the grandfathering clause motivate the brokerage firms to resolve their “fail to delivers” and eliminate the NSS position;
• focus on restructuring the share structure for CMKX in a positive fashion; etc…
We have been looking back to resolve the present which is very necessary and I believe the discovery and determination phase has been extremely successful. As those accountable begin to be disciplined by the proper methods and authorities we can shift our focus from looking back to resolve the present to establishing and engaging a building plan that is looking ahead for long term growth and stability.
Thanks Kevin, Bill, associates, shareholders and all others that never quit, never lost hope, never said die, and kept getting up from the mat for the next round. I believe to one degree or another we are all winners already.
I Always believe in success, because in my opinion the alternatives to success are completely unacceptable!
Success is at hand!
(These are only my opinions and I do ask that you treat them as such – Thank you)
Dr.D
