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Post by imSINGLEruRICH on Oct 28, 2009 16:40:02 GMT -5
thanks sniffer...
jacbert: Just got off the phone with Mr Hodges....he returned my phone call and he wanted me to convey that he is working on this for the benefit of all of the shareholders. He needs your patience and when it is possible, he will come in and let everyone know what is happening. It is a very sensitive time so please be patient.
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Post by imSINGLEruRICH on Oct 28, 2009 16:45:54 GMT -5
ty bikinipro Re: Press release: Official and finished version « Reply #42 Today at 1:43pm » armondoGus, When will a final version be available so I can begin shotgun blasting it across the globe? Avanti, Armondo wheeeee..I luv surprises !! gusjarvis King of Diamondssooon! and there will be some big surprises coming before you all know it, cheers!
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Post by imSINGLEruRICH on Oct 28, 2009 20:07:44 GMT -5
thanks bikinipro
TheRealJBond Diamond Finder Re: ORDER GRANTING CONTINUANCE OF CMKM TRIAL DATE « Reply #3 Today at 8:29pm »
Have no fear this could work to our benefit. We have given LEVERAGE in TIME to SETTLE without TRIAL. If an agreement can be finalized or (has already been finalized ??) maybe it goes away quickly and is avoided PUBLIC... I think this is GOOD NEWS! Carefully read the filing and there are many clues of admissions of guilt and reasons why closure is important sooner rather then later. IMO
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Post by enoughalready on Oct 28, 2009 21:37:52 GMT -5
A continuance until 2011 cannot be good news.
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Post by johnjrambothe2nd on Oct 29, 2009 6:50:51 GMT -5
A continuance until 2011 cannot be good news. This is the criminal case trial, IMHO, it has no bearing on current events or attempts geared towards the bona-fide share holders, but I would sure like to see all the scumbags(if guilty), in jail by yesterday......
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Post by imSINGLEruRICH on Oct 29, 2009 7:44:28 GMT -5
thanks bikinipro... By: oil.ipo 29 Oct 2009, 06:45 AM EDT Rating: post rating 0 Rate this post: Msg. 881209 of 881214 (Reply to 880976 by oil.ipo) Jump to msg. # This is too good to be true- Some shareholders are actually now receiving checks/credits and claiming that these transactions are in fact a return of payment on legal services from Frizzell himself? As if to say that he did not represent the shareholders with John Martin by requesting such funds in the first pace. Oh this is too good to be true!!! No, I don't think so. Where does that mentality actually cover the lack of any shareholder communication, and or ANY results of such a massive legal representation? Let that be the case, and let him incriminate himself. Nicely done if this is factual.
This story is all about scam alright. It has all of the makings for a great screenplay except for one element. Murder=revenge=Drama. Film writers can always go to some of the financial industries recent suicides , suspicious deaths and tie them into this escapade. Great for a movie though. Even without the money being paid... The criminal aspect alone, and the promotional sleaze factor is over the top. Who dunnit? Who has it? Where is it? Why wait? However, I have my bet on the percentage that CMKX will be paid shortly, near term and quietly with all of the pressure to do so...Currently.
AIMHO, Oil EOM
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Post by imSINGLEruRICH on Oct 29, 2009 13:26:59 GMT -5
a general statement most likely referring to collecting the disgorgement and fines?? And we all know how fast the agencies move.ty bikinipro tramp Administrator Re: *ORDER GRANTING CONTINUANCE OF CMKM TRIAL DATE « Reply #10 Today at 8:11am » this has nothing to do with holding us getting paid..whether you know it or not... THE DOJ PUSHED THE SEC WITH THAT QUESTIONNAIRE.. sec is working to get us paid.. NOW.. when salty called hakala the other day he was asking questions..she handed the phone to her boss.. he said:
WERE WORKING ON GETTING YOU PAID.. CMKX..
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Post by imSINGLEruRICH on Oct 29, 2009 13:28:56 GMT -5
ty bikinipro
abadgoodgirl DIAMOND DIGGER Re: weekly buzz chatter 10/26 « Reply #40 Today at 12:37pm »
I know many of you find the clearing and settlement system topic dry yet it is the nucleus for an extremely large part of this complex situation.
We were asked to pull our certs for at least one of the following reasons:
The way the DTCC's NSCC clearing system is/was designed was that the NSCC were/are THE counter party to all trades. Buyer to all sellers and 'deliverer' to ALL buyers. The NSCC is also slang for CSO (central system operator).
The US is/was on a multi-lateral netting system, which in layman's terms means that all buys and sells, through NOVATION, were the burden of the NSCC and the ORIGINAL COUNTERPARTIES to the trades were lost. (meaning genuine liability for delivery of shares was LOST).
The CERT pull was a vehicle used to determine the Original Counterparty to the trade since that info is lost by using multi-lateral netting system (its official term).
I doubt that the DTCC wanted to be financially liable for the totality of naked shorted (undelivered shares), yet their system did not allow for identity of original counterparties to the transaction....hence, imo, the CERT Pull. (like going through back door since brokers had no legal reason to open their books because of the 'multi-lateral' netting system).
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Post by imSINGLEruRICH on Oct 29, 2009 13:41:32 GMT -5
144r DIAMOND JEDI WARLORD Re: Other Gossip,etc.10/26/09-> « Reply #33 Today at 1:01pm » If you haven't heard this, the White House is accusing Fox News of not being a legitimate source of news, calling them biased, etc. They have tried to block Fox reporters from news conferences, etc., but the other news networks are fighting back (in favor of Fox) and caused the White House to back down. NPR has put a survey online for us to voice our opinion. If you want to vote in this survey, go to the link below and cast your vote. Currently it is 71% in favor of the White House, but there are not that many votes ......... less than 2,000 all together. Let's show them how we feel about honest conservative news reporting. www.npr.org/blogs/thetwo-way/2009/10/in_white_house_vs_fox_news_war.html
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Post by imSINGLEruRICH on Oct 29, 2009 13:47:35 GMT -5
Posted by: jimmym4 Date: Wednesday, October 28, 2009 8:35:13 PM In reply to: None Post # of 282148 DISCOVERY BABY!!!...Let the games begin!!>>>>>>>>>Borkers are toast The Court finds that in light of the complexity of the case and the voluminous discovery www.justice.gov/usao/nv/victim_witness/cmkm/order%20granting%20continuance%20of%20trial%20date.pdf Posted by: IQ1 Date: Thursday, October 29, 2009 9:37:04 AM In reply to: jimmym4 who wrote msg# 282088 Post # of 282148 This is great. It appears as though someone wants to use CMKX to find out if there is corruption at the higher levels! No wonder IBM was involved. He was a great man!!! Its about time, someone took their time to figure out why the USA is tumbling down the hill. It will be interesting to see what they find along the way. Someone always leaves a clue behind, no matter how careful they are. Thanks jimmym4!!!
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Post by enoughalready on Oct 29, 2009 14:16:48 GMT -5
Will this force settlement to occur? I cannot imagine that anyone wants to get the discovery phase. ================================================================ Posted by: jimmym4 Date: Wednesday, October 28, 2009 8:35:13 PM In reply to: None Post # of 282148 DISCOVERY BABY!!!...Let the games begin!!>>>>>>>>>Borkers are toast The Court finds that in light of the complexity of the case and the voluminous discovery www.justice.gov/usao/nv/victim_wi....rial%20date.pdf
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Post by imSINGLEruRICH on Oct 29, 2009 18:01:41 GMT -5
ty bikinipro abadgoodgirl DIAMOND DIGGER Re: weekly buzz chatter 10/26 « Reply #40 Today at 12:37pm » I know many of you find the clearing and settlement system topic dry yet it is the nucleus for an extremely large part of this complex situation. We were asked to pull our certs for at least one of the following reasons: The way the DTCC's NSCC clearing system is/was designed was that the NSCC were/are THE counter party to all trades. Buyer to all sellers and 'deliverer' to ALL buyers. The NSCC is also slang for CSO (central system operator). The US is/was on a multi-lateral netting system, which in layman's terms means that all buys and sells, through NOVATION, were the burden of the NSCC and the ORIGINAL COUNTERPARTIES to the trades were lost. (meaning genuine liability for delivery of shares was LOST). The CERT pull was a vehicle used to determine the Original Counterparty to the trade since that info is lost by using multi-lateral netting system (its official term). I doubt that the DTCC wanted to be financially liable for the totality of naked shorted (undelivered shares), yet their system did not allow for identity of original counterparties to the transaction....hence, imo, the CERT Pull. (like going through back door since brokers had no legal reason to open their books because of the 'multi-lateral' netting system). Today at 11:46am, portrush wrote:So what you're saying, ABGG, is that the pull wasn't to identify the short, per se, it was to identify who SOLD the shorted shares--and how many each sold? pr abadgoodgirl DIAMOND DIGGER Re: weekly buzz chatter 10/26IMO, it was several fold. Prove the NSS and then find out who sold all of the phantom shares. In a released Federal Reserve Policy memorandum (and I paraphrase).... it mentions that if the CSO maintains the total liability that the shareholders (of the Federal Reserve) will retain liability. The Shareholders of the Federal Reserve will be at risk IF daylight credit is not extinguished as planned.... The book transfer of securities are on the books of the Federal Reserve because the research shows that to be fact....so either the DTC, NSCC, DTCC, somebody has accounts at the federal reserve and remember, the CASH part of the NSS is flowing while there are no real shares 'flowing'. The main point is that the taskforce had to identify the naked short and also the counterparties to the original trade (the sellers) OR, thru 'novation', the NSCC would carry the entire liability....and thru an intricate web...the Federal Reserve is the lender of last resort and has liability...and so do the stockholders of the reserve.
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ce560
Diamond Finder
Posts: 91
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Post by ce560 on Oct 29, 2009 21:16:42 GMT -5
Anybody know what Faulk posted?
By: paltalk-updater_ 29 Oct 2009, 01:21 PM EDT Rating: Rate this post: Msg. 881280 of 881406 (Reply to 881278 by klonopin2mg) Jump to msg. # hey klon - did u enjoy mark faulks post :-)))
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Post by imSINGLEruRICH on Oct 29, 2009 22:21:30 GMT -5
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Post by portrush on Oct 29, 2009 22:54:59 GMT -5
Anybody know what Faulk posted? By: paltalk-updater_ 29 Oct 2009, 01:21 PM EDT Rating: Rate this post: Msg. 881280 of 881406 (Reply to 881278 by klonopin2mg) Jump to msg. # hey klon - did u enjoy mark faulks post :-))) Stock Market Reform Lose an Ally and a Hero by Mark Faulk There will be a lot written and said about Houston attorney John O’Quinn over the next few days, as family, friends, and colleagues eulogize the famed attorney who died today in a car accident, along with a longtime employee of his law firm. He was famous for his multi-billion dollar victory against the tobacco industry in Texas, and achieved notoriety in his cases involving asbestos, silicone implants, and fen-phen. But over the past few years, O’Quinn had become well known for what may have been the most challenging legal crusade of his life. When fellow Houston attorney Wes Christian brought O’Quinn a number of financial fraud cases involving naked short selling, both attorneys opened themselves up to personal attacks that neither of them probably expected. By taking on the biggest brokerage firms and hedge funds on Wall Street, O’Quinn and Christian were going after powerful money interests whose influence extends all the way to the halls of Congress. Along with a number of smaller companies that were victimized by financial fraud, O’Quinn also represented Overstock.com (NASDAQ: OSTK) in their lawsuits claiming that that company’s stock was manipulated by unscrupulous hedge funds. O’Quinn saved some of his harshest criticism for corruption in the hedge fund industry. In an interview for The Wall Street Conspiracy, a documentary on financial fraud scheduled for release early next year, O’Quinn said “I don't care how many million dollar homes they live in, how many Rolls-Royces they drive, how many two thousand dollar Italian suits they wear, they're nothing better than a common criminal except they're richer.” O’Quinn had some advice concerning financial fraud for new SEC Chairman Mary Schapiro as well. He challenged Schapiro to work with Congress to “get laws that are tough, and have groups of law enforcement actually enforcing the laws. They’re not enforcing what they’ve got.” And those on Wall Street who have been defrauding investors for years? O’Quinn said that the federal government needs to “treat those law breakers like they treat the guys they catch in prostitution rings and make them all come out in the court house with their coats over the head. They're ashamed, you know, a crook sometimes has a little conscience left in him. I want to see them enforced in a way where people say, ‘My God, that's going on in my country? Hooray for the president. He's doing something about it. Hooray for Congress. It's doing something about it. Hooray for the new SEC chairman. She's doing something about it.’” I spent the past hour watching The Wall Street Conspiracy interviews with O’Quinn, and came away with an image of a man who stood up for the little guy, and who, even when his law firm made billions in settlements, never failed to give something back. It’s a lesson we all need to remember. Mark Faulk
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