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Post by sunbeam777 on Apr 28, 2010 0:32:29 GMT -5
Playing devil's advocate, this is the worst update so far for the following reasons and it all ponits to the court case moving forward and SEC daring to throw this case out.. IMHO
1. Hodges is not in negotiations with SEC and SEC has shut all commucications with Hodges.. This is not good as SEC is not willing to talk to Hodges and want the case going to court.
2. Hodges seems to be getting all informations from World Reports/fourwinds etc saying that the funds about 4.2Tr may be relased during the week end. It makes us sickening that Hodges has to depend upon this world reports/fourwinds, who not only have been saying this for the past 4-5 years but also were involved in fictional stories like Killing Henry Paulson and cloning him.
3. Having said that, Hodges need to clear this that his source is directly from someone from fed reserve or SEC or DTCC. If not we will be waiting here till 2015 or who knows??//
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Post by hafizesh on Apr 28, 2010 0:44:27 GMT -5
What's with all the hating? We finally get something positive and we look for reasons why it can't be true.
I wonder what we will say when hopefully, what Al says comes true.
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Post by prospector777x3 on Apr 28, 2010 1:21:40 GMT -5
How do we know this update is truly from Al Hodges?
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Post by speedomodelisback on Apr 28, 2010 2:28:09 GMT -5
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Post by supercim1 on Apr 28, 2010 4:07:17 GMT -5
sunbeam777 : Who the hellll are you posting just craps ?
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Post by supercim1 on Apr 28, 2010 4:10:01 GMT -5
Mods : This board has been seriously contaminated by the bashers...
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onon88
Diamond Hunter
Posts: 14
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Post by onon88 on Apr 28, 2010 4:24:26 GMT -5
Can you folks be grateful instead of talking trash....COL? I am very happy about the update we have received last night!!! Don't analyze it...just read it, and wait for the next update. Let's face it....we would have no update, no hope if it wasn't for Al Hodges taking action on behalf of the "magnificient 7". IMO!!!
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Post by loganwolverine on Apr 28, 2010 5:36:44 GMT -5
For Hodges to put his neck on the line with a prediction of this week is big imo. He knows the cmkx fanatics will hold him to this date. Notice that he said funds in trustees accounts by weeks end, not economic receipt by weeks end. He States shortly after economic receipt, the funds would be in trustees hands. So he must be expecting ER any minute, or maybe we already actually have it and now waiting for funds to be released to trustees. Here are his words again:
The CMKX distribution funds will be released within a very short time after there is confirmation of Economic Receipt.
the current schedule based on advice I received this afternoon is that it should all be finished, with funds in the Trustee’s hands, by week’s end.
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Post by JoeRockss on Apr 28, 2010 6:21:36 GMT -5
Mods : This board has been seriously contaminated by the bashers... Everyone's entitled to their own opinions and it doesn't necessarily make them bashers. Now, the minute we get a jonas on the board then we'll treat those types of posters like bashers. Bashers not only attack the company, but also anyone who remains positive about ones investment. |
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Post by thunkerdrone on Apr 28, 2010 6:43:05 GMT -5
there has been mention of other companies and entities
awaiting this payout.
Does anyone know of other penny stocks , for example, which have
gone this route?
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Post by squeezebox on Apr 28, 2010 7:40:26 GMT -5
Mods : This board has been seriously contaminated by the bashers... We aren't bashers just realists keeping it real! |
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Post by squeezebox on Apr 28, 2010 7:44:42 GMT -5
You know what I meant...They've all been talking this same stuff for years, I just hope they are right. It's all a little more believable but only a little. |
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Post by lurknomore on Apr 28, 2010 8:17:03 GMT -5
... Notice that he said funds in trustees accounts by weeks end, not economic receipt by weeks end. He States shortly after economic receipt, the funds would be in trustees hands... loganwolverine- Isn't "economic receipt" the same thing as "funds in the trustees hands?" So I think the "releasing" is to US. "The CMKX distribution funds will be released within a very short time after there is confirmation of Economic Receipt." " Economic Receipt occurs when all trustees have access to all of the funds they are responsible for." "... the current schedule based on advice I received this afternoon is that it should all be finished, with funds in the Trustee’s hands, by week’s end." So doesn't that mean: The CMKX distribution funds will be released (to US) within a very short time after there is confirmation of Economic Receipt, (which means "funds in the Trustee’s hands") [which should be] by week’s end. |
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Post by loganwolverine on Apr 28, 2010 8:58:35 GMT -5
No need to bash the people that have doubt. Even though I am excited from the update and thinking this is the end at week's end, there was no mention of his sources? And Hodges does have an affiliation with World Reports and those fanatics. So in 3 days or so, we will see what happens. We have been promised money many times by end of week, by so many. This time, it's by someone that is probably the most respected out of all the others. So if this week comes and goes, the game goes on.
My personal feeling is that for Hodges to put out his bold statement by week's end is that he is very confident that we are getting our money this week and knows the repercussions of CMKX shareholders if it doesn't happen. He broke down many questions and even though this seems like a fairy tale to some(including me), just imagine. $2-$6 per share.
GL to all and hope this is the real deal.
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Post by loganwolverine on Apr 28, 2010 9:06:06 GMT -5
Lurknomore,
It was my understanding that ER was just proof that the money is coming. Then actually delivery to the Trustees was cash in another Trust account out of the gvmt's hands.
Then it gets dispursed to us. Maybe I am wrong?
It's confusing, but I didn't think ER was cash in hand. He states money received in Trustees accounts by week end. Are we the Trustees?
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