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Post by swordfish168 on Jan 8, 2020 14:35:48 GMT -5
Dear Shareholder, Transfer Online offers shareholder support, which includes online access, telephone & email support to shareholders. Online access allows the shareholder to view their security holdings and generate holding statements. In addition to these online services, Transfer Online, Inc. continues to maintain company records and shareholder relations for CMKM. Normally the cost of this service would be paid for by the Issuer, however, CMKM is currently Inactive with Transfer Online and we have not received payment for this service or any other service. Transfer Online, Inc. has been performing this service for free and it is no longer feasible for us to do so. Therefore, Transfer Online will be terminating these services to shareholders, unless the shareholder chooses to pay the nominal annual fee to continue these services with Transfer Online. The annual cost to the shareholder is $25.00. To continue to receive all of the above services and for us to continue as Transfer Agent and Registrar, please make payment by sending a check to the following address OR you may return the attached payment authorization form. This fee will be due annually, beginning January 1, 2020. If payment is not received, the shareholder account will be suspended effective January 31, 2020. Transfer Online, Inc. 512 SE Salmon Street Portland, OR 97214 If you have any questions, please feel free to contact us by email at SERVICES@CMKMTOL.COM. Thanks! Transfer Online, Inc. www.transferonline.comNOTICE: The information contained in this e-mail is confidential and may be privileged or otherwise protected from disclosure.This e-mail is intended solely for the use of the named addressee.Please be aware that any other use, printing, copying, disclosure or dissemination may be subject to legal restriction.If you are not the intended recipient, please notify us immediately by return e - mail to the sender and delete from your computer. Although we attempt to sweep e-mail and attachments for viruses, it does not guarantee that either are virus-free and accepts no liability for any damage sustained as a result of viruses.
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Post by swordfish168 on Jan 8, 2020 14:43:42 GMT -5
this is depressing. all of us future millionaires have to pony up $25 a year or we are delisted ?
50,000 x $25 = 1,250,000 not bad
I am continually told this is a pro-CMKX board. Its hard to be pro when its been many years, all the players have disappeared and no end is in site.
can we finally change it to a reality board or do we get bounced from the board for it.
Mike
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Post by cessation on Jan 8, 2020 18:12:08 GMT -5
can we finally change it to a reality board or do we get bounced from the board for it. Mike This right here...
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Post by squeezebox on Jan 8, 2020 19:07:16 GMT -5
Dear Shareholder, Transfer Online offers shareholder support, which includes online access, telephone & email support to shareholders. Online access allows the shareholder to view their security holdings and generate holding statements. In addition to these online services, Transfer Online, Inc. continues to maintain company records and shareholder relations for CMKM. Normally the cost of this service would be paid for by the Issuer, however, CMKM is currently Inactive with Transfer Online and we have not received payment for this service or any other service. Transfer Online, Inc. has been performing this service for free and it is no longer feasible for us to do so. Therefore, Transfer Online will be terminating these services to shareholders, unless the shareholder chooses to pay the nominal annual fee to continue these services with Transfer Online. The annual cost to the shareholder is $25.00. To continue to receive all of the above services and for us to continue as Transfer Agent and Registrar, please make payment by sending a check to the following address OR you may return the attached payment authorization form. This fee will be due annually, beginning January 1, 2020. If payment is not received, the shareholder account will be suspended effective January 31, 2020. Transfer Online, Inc. 512 SE Salmon Street Portland, OR 97214 If you have any questions, please feel free to contact us by email at SERVICES@CMKMTOL.COM. Thanks! Transfer Online, Inc. www.transferonline.comNOTICE: The information contained in this e-mail is confidential and may be privileged or otherwise protected from disclosure.This e-mail is intended solely for the use of the named addressee.Please be aware that any other use, printing, copying, disclosure or dissemination may be subject to legal restriction.If you are not the intended recipient, please notify us immediately by return e - mail to the sender and delete from your computer. Although we attempt to sweep e-mail and attachments for viruses, it does not guarantee that either are virus-free and accepts no liability for any damage sustained as a result of viruses. Didn't they say close to the same thing a number of years ago?
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Post by axis on Jan 9, 2020 1:58:37 GMT -5
It is a copy and paste of the email sent in 2018: annual fee for their services (sigh!). Guru and scammers wrote of lavish ROI for us shareholders and don't spend a word about transfer online request. In my personal opinion, this is an obvious state of consideration (one of many) for us shareholders. Please don't trivially reply that it is our choice to accept the request or not. Have a good day everyone
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Post by truebrit on Jan 14, 2020 13:37:42 GMT -5
I am sorry I never saw any lavish report about this same letter in 2018. Perhaps one of the moderators could clarify this, by simply answering, is this a scam. Yes or No ?
Also, if anybody who did not reply to this last year, are they now null and void of the service of Transfer Online? So if there is a payout of the F/P what happens to their portion?
Manny, do you know?
Yours
Truebrit
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Post by portrush on Jan 14, 2020 19:03:53 GMT -5
From 1MM Board: THIS WAS THEIR RESPONSE TO MY INQUIRY ................... If you choose not to pay the service fee, you will not be able to use any of Transfer Online’s services. For example, we would not be able to answer your questions on the phone, communicate with you via email, provide you with a copy of your holdings statement, you will not have access to view your holdings online, etc. You will still be a shareholder of record and your certificates will still be valid. This is an optional fee, and the choice is up to you. Thanks, Sara Montero Transfer Online, Inc. Well, let’s break this down. 1) I’ve never called and have no need to change my cert. 2) They’ve never emailed me about anything other than the annual request for money. 3) Any question ever asked is met with “ask the company” or “we can’t answer” reply. 4) A copy of my holdings statement is trumped by my actual cert—so it is just duplicity. 5) Nothing impacts my shareholder status. 6) It’s optional—as in “Hey buddy can you spare a dime?” Got it! Some of their letter seems a tad disingenuous to me. Transfer Online has not received payment because they dismissed the $60,000+ AR from CMKM stating the benefit of the apparent cash cow from shareholders making changes/splits to their existing certificates. The company is also dissolved. There IS NO company in existence as we once knew it, so to suggest they aren't paying it is...well, like I said--disingenuous. They could "no longer" do this for "free" last year either. This isn't new. Recall that we were once strongly encouraged BY the company to make sure our certificates were registered with Transfer Online in order to be considered "bona fide." Seemingly this was also endorsed by the DOJ preceding the legal trials of the former insiders. I am curious to know if this practice of charging shareholders to monitor stock information for a non-existent entity is ethical. It might be legal--hey you could pay me to keep a copy of your cert in a bank safe deposit box. It's a service you choose to pay for. But what I read from Transfer Online once again seems to imply there is some import for having them monitor our holdings--while projecting that this is a service "the company" won't pay for and they can't do for free. While 1MM hasn't hit a statistical avg. indicating "most" or even "many" at this point--there are those who are stating they have or will pay it. A thousand people a day visit the board and right now a poll is pretty evenly split at 60 paying/paid, 77 not going to and 8 haven't made up their mind. Some suggested it's only pizza money and if you lose your cert you might garner better service for a replacement. If a lost cert still requires the company CEO to sign off on its issuance, then it is moot because he won't and the company is gone. I suppose the other option would be to have a brokerage/bank medallion stamp its validity (if they can verify it to do so)...but as some have reported, it is very expensive. Which brings us back to the first point; it's pizza money. Someone posted today: "Received email today, then called TOL, asked what happens if I don't pay this year. They said my account only goes dormant and if at any time I want to activate I send them the $25. Account is not deleted." So there you go. Hope it helps you ferret out your decision. Still in holding pattern...it's the ethics of the request that bother me. PS: Trubrit: I scored a pin flag from Royal Portrush, a hat from the Open and some awesome pics. I didn't go, but know someone who did. Beautiful! Some day...some day. The Open at St. Andrews is still on the bucket list.
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Post by John Winston Lennon O'Boogie on Jan 14, 2020 21:11:19 GMT -5
From 1MM Board: THIS WAS THEIR RESPONSE TO MY INQUIRY ................... If you choose not to pay the service fee, you will not be able to use any of Transfer Online’s services. For example, we would not be able to answer your questions on the phone, communicate with you via email, provide you with a copy of your holdings statement, you will not have access to view your holdings online, etc. You will still be a shareholder of record and your certificates will still be valid. This is an optional fee, and the choice is up to you. Thanks, Sara Montero Transfer Online, Inc. Well, let’s break this down. 1) I’ve never called and have no need to change my cert. 2) They’ve never emailed me about anything other than the annual request for money. 3) Any question ever asked is met with “ask the company” or “we can’t answer” reply. 4) A copy of my holdings statement is trumped by my actual cert—so it is just duplicity. 5) Nothing impacts my shareholder status. 6) It’s optional—as in “Hey buddy can you spare a dime?” Got it! Some of their letter seems a tad disingenuous to me. Transfer Online has not received payment because they dismissed the $60,000+ AR from CMKM stating the benefit of the apparent cash cow from shareholders making changes/splits to their existing certificates. The company is also dissolved. There IS NO company in existence as we once knew it, so to suggest they aren't paying it is...well, like I said--disingenuous. They could "no longer" do this for "free" last year either. This isn't new. Recall that we were once strongly encouraged BY the company to make sure our certificates were registered with Transfer Online in order to be considered "bona fide." Seemingly this was also endorsed by the DOJ preceding the legal trials of the former insiders. I am curious to know if this practice of charging shareholders to monitor stock information for a non-existent entity is ethical. It might be legal--hey you could pay me to keep a copy of your cert in a bank safe deposit box. It's a service you choose to pay for. But what I read from Transfer Online once again seems to imply there is some import for having them monitor our holdings--while projecting that this is a service "the company" won't pay for and they can't do for free. While 1MM hasn't hit a statistical avg. indicating "most" or even "many" at this point--there are those who are stating they have or will pay it. A thousand people a day visit the board and right now a poll is pretty evenly split at 60 paying/paid, 77 not going to and 8 haven't made up their mind. Some suggested it's only pizza money and if you lose your cert you might garner better service for a replacement. If a lost cert still requires the company CEO to sign off on its issuance, then it is moot because he won't and the company is gone. I suppose the other option would be to have a brokerage/bank medallion stamp its validity (if they can verify it to do so)...but as some have reported, it is very expensive. Which brings us back to the first point; it's pizza money. Someone posted today: "Received email today, then called TOL, asked what happens if I don't pay this year. They said my account only goes dormant and if at any time I want to activate I send them the $25. Account is not deleted." So there you go. Hope it helps you ferret out your decision. Still in holding pattern...it's the ethics of the request that bother me. PS: Trubrit: I scored a pin flag from Royal Portrush, a hat from the Open and some awesome pics. I didn't go, but know someone who did. Beautiful! Some day...some day. The Open at St. Andrews is still on the bucket list. And if you would like to delete your account from there holdings, you can do that on the site. Shows me that they only hold cert info and not paper.. Why,,,,? is yet to be seen..
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Post by John Winston Lennon O'Boogie on Jan 14, 2020 21:36:07 GMT -5
This also shows me that if you can delete your account, if there was a pay out, it has happen already and waiting to be distributed to the owners of the Certs. JMHO
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Post by ivegotanace on Jan 14, 2020 22:00:28 GMT -5
This also shows me that if you can delete your account, if there was a pay out, it has happen already and waiting to be distributed to the owners of the Certs. JMHO What has happened already?? I'm confused. I've never been contacted by Transfer Online and I've never tried to contact them. I mean what's the purpose I will never understand...
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Post by portrush on Jan 15, 2020 11:54:12 GMT -5
I don't know about deleting your account John--but it can certainly stay dormant as it appears they won't be deleting the info. Has to be just a spreadsheet of the bona fide shareholders.
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Post by John Winston Lennon O'Boogie on Jan 15, 2020 12:52:08 GMT -5
I don't know about deleting your account John--but it can certainly stay dormant as it appears they won't be deleting the info. Has to be just a spreadsheet of the bona fide shareholders. PR. If you go into your account the top left has ADD/REMOVE ACCOUNT.. Click on it, it will open to your account name. Click on that and it will ask you if you want to remove it.. Of cause I won't click on it.. You never know.. LOL
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Post by John Winston Lennon O'Boogie on Jan 15, 2020 12:54:37 GMT -5
Now I go into my account and I owe nothing... $0.00 who the hell paid it...?
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Post by John Winston Lennon O'Boogie on Jan 15, 2020 12:56:00 GMT -5
Invoice # xxxxxx Date Jan 04, 2019 Amount $25.00 Paid $25.00 Outstanding $0.00 Days Outstanding/Overdue 0
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Post by John Winston Lennon O'Boogie on Jan 15, 2020 13:10:24 GMT -5
Payment Date 12/31/2019 Amount $25.00 Applied to Invoice(s) # xxxxxx
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