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Post by Duc N Altum on May 2, 2010 2:38:48 GMT -5
First off, hello all and great board. I was looking around at posts of the past few days and came across this one from a few days ago. I threw some babble of the topic together a couple days ago about what thoughts came to mind of this topic below. Anyway, since this journey has had many events and at times it can be hard to remember or keep focus of past dealings or situations so below this starting post I thought I would add some thoughts froma post I did that just brings up some thoughts of the past that might of been forgotten, that could possibly bring some thoughts to some current situations. So once again below this post of BHollenegg, just throwing out some extra thoughts and that is all. ______________________________________________ rdelp wrote: Still the question is where are the 2.25 to 7.2T share that are shorted...someone has to have them. Even if we are all paid, its .54 a share. Just trying to understand what happened to the trillions that were/are short. They have no certs, but they are some place.ROb Today at 12:44pm, BHollenegg wrote: This is my understanding from the information researched and provided by the shareholders. This is not from Attorney Hodges. Urban tried to have a CERT Pull in 2003 before the initial dividends were issued, but was stopped and accused by the SEC of trying to manipulate market. The dividends paid before the CERT Pull proved at the time there were 2.25 Trillion Shares. The brokers ....took advantage of this distribution. Later, the company under the threat of revocation, requested to be revoked and had a CERT Pull. Since the company was revoked, the SEC could not stop the CERT Pull or accuse the company of manipulating the market. The Task Force Letter (please reference "The Stand") distributed by the Task Force to the Brokers stated that CMKX had a multiplier of 9 and provided details of the settlement. A multiplier of 9 means the stock was illegally sold 9 times the authorized OS. which is 9 x 800 Billion shares 7.2 Trillion Shares. The CERT Pull required shareholders to pull their certs and send copies for verification. The share count for the Legal Shareholders turned out to be 629 Billion shares. The brokers had to pay for the naked shorted shares at a determined price. IMO, this is what the $.54 was about. Therefore $.54 per share times 7.2 Trillion = $3.88 T collected. This is close to the amount in the lawsuit. Thank you, BHollenegg Hello Rob, The broker sells shares for a company to a shareholder he keeps the commission and the rest goes to the company. If a broker is caught selling counterfeit shares he has to cover what the company should have received. The same stock can be bought and sold several times by Day Traders. Example: A company issues one share for a $1. Trade records indicate that the $1 stock was bought and sold ten times by day traders. Therefore $10 was made on this activity though there is only one share. The $10 belongs to the company, which is the value equivalent to 10 shares. This one share was oversold by 9 times. Do this for several days, weeks, months or years and the losses and the nss count add up...the company does not receive the money from the shares sold, the investor and the company do not benefit from value increases due to the demand (supply and demand). How did they know how much CMKX was naked shorted? Recall Urban was one of the biggest shareholders of the company CSII. CSII monitored stock transactions to determine and calculate how many shares were naked shorted. This is the proof of the nss Urban had, imo Thank you, BHollenegg ______________________________________ millionaires.proboards.com/index.....9&page=4#415616 _______________________________________________ rdelp wrote: Still the question is where are the 2.25 to 7.2T share that are shorted...someone has to have them. Even if we are all paid, its .54 a share. Just trying to understand what happened to the trillions that were/are short. They have no certs, but they are some place.ROb Thoughts from another post that may relate to what rdelp wrote -------->
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Post by Duc N Altum on May 2, 2010 2:41:50 GMT -5
noahltl1.proboards.com/index.cgi?action=display&board=cmkx1&thread=2265&page=3#7887Duc N Altum Global Moderator Posts: 1,288 Re: *CMKXERS, YOU DESERVE YOUR "TRANSFER OF WEALTH-------------------------------------------------------------------------------- Peter, I could not agree more on every word you chose. For one, the derivatives market is a $1.5 QUADrillion market and OWNED by the hedge funds!!!!! And I have heard that the bad ole hedge funds tried burying tons of naked shorts in the derivatives market. Whether that is the case or not, it does not matter. With the evil ways of those who used the hedge fund industry for their own greed and used naked shorting to give themselves a definite win while all else that they robbed from got ruined beyond recognition and all because their selfish greed. And then, thee advantaged loop hole that if they ultimately bankrupt a company with their dilution actions of naked shorting, then all the profits they made off the naked shorting is tax free? Tell me there is no blind eye in on this and how can that be over looked? That tells me that they all are involved, plain and simple. It is like robbing a bank and you are a ghost and no one knows who emptied the safes. But in this case of CMKX Robert Maheu, Roger Glenn, Don Stocklein, and UC had their proton packs here to ZAP these ghosts finally, in the name of CMKX! And since the derivatives market is attached to the hedge funds and who knows the levels of manipulations their, get them good for all they have gotten away with up to the point of this team of historic ghost busters has stopped. Now with the derivatives market being a $1.5 QUADdrillion market stemming from the owners of the hedge funds, why is it so hard to believe that our piddly 3.87 trillion dollar lawsuit in comparison, is so unbelievable? And on another note/opinion/thought: What was the real reasons or tasks of the cert pull team? Obviously 1 would be to identify who the bonifide shareholders are, for the titled distribution or distributions. Has anyone ever thought that Shorty might also of tried to of been slick with putting connected names that appear to be irrelevant in connection to Shorty, just trying to look like an ordinary shareholder aiming to be bonifided for the distribution or distributions that we were said to get? Does anyone remember Bill Frizzell putting out an update years back saying that there was an issue that he was made aware of and he titled it as BULK CERTS ISSUE. He said that there were large blocks of certs that he was made aware of that had to be deleted. And at that time folks who purchased from Deli, thought oh no, does Frizzell mean Deli's shares? And a week or two after that Bill Frizzell put out a message claiming that he was not talking about Deli shares. So could these bulk certs be an example of what I am speaking of here/above? Was the market trying to profit on held certs so when payout came, they could reap back what they paid to cover? Who is to know but with all this said, do you think that this would be one concern or objective of our cert pull team/ identifying who is a real shareholder with no connection to the bad team who originally done us wrong? I would think that this is or was a huge issue. And maybe with those behind the scenes were able to investigate and make sure we were who we said we were, especially with a hard/long/undertaking/journey as such. So with that thought said, does anyone think that the numbers of naked shorted shares as BHollenegg shared/ the naked short of 7.2 TRILLION shares/ could have adifferent ending number at the END of the game when all was revealed with all "i'"s dotted and all "t"s crossed? Basically what I am saying or the thought of possibility, maybe it was an objective to identify who the real shareholders were with no stow-away market bad guys trying to get their piece back from what they covered. And maybe the original 7.2 trillion naked shorted shares or what ever the large number was, might of went through the CMKX CERT PULL TASK FORCE's so called FILTER and maybe thee end result is thee left over of 629 billion share OS. And on a side note, not all of these shares had to of been from Shorty by himself. Keep in mind that there might of been many other connected folks who wanted the control of our land as well. Wasn't it in the 14c agreement that if UC ever had to declare bankruptcy, that he would loose all rights to the claims that he put in that dirty shell company? And would one might speculate that once a greedy mind of others involved in that shell company found out what the true value was on all of those claims that UC had in that shell, would it be possible that a greedy mind or two or all might want to push out UC if they had thee opportunity to push him out and control all of that value? And we can suspect that De Beers also would not like UC to make out with what he had in his possession. So just with a few possible examples Shorty, insiders, De beers and who ever else, could add to a never ending list of intentional naked shorted shares buried away with the purpose of dilution/ naked shorting to force UC out of what is said to be the richest land in the world? And lets just say (as a possibility) that the 7.2 Trillion shares, each had to be covered with what ever the naked short covering price was. And as each share was covered, (even though might of been held by a Shorter and or stored away) maybe there was a piggy bank/ trust that each payment went into and yet lets say that at the same time each of these kind of shares that is not owned by a real bonified shareholder, these shares may then go POOF and disappear and or not counted in the CMKX Task Force's Tally. And as each one of these kind of shares goes POOF, the piggy bank gets larger in value. So when all is identified and the piggy bank has tallied its purpose, when all is said and done, the Piggy bank and the left over acknowledged/ bonified shares gets to full divvied up portion of the large piggy bank from the original share damaging share amount. And maybe that is why or that is what I am trying to fit with the possibility of the of such a large amount per share that was mentioned. I personally have always looked at the .54 cents as a guide of expectancy and if anything more ever came then I could look at that as icing on the cake. But in this case here of what was said today with such a large amount mentioned beyond what my balanced expectancy was, I had been trying to wrap my head around possibilities instead of throwing the disbelief of such a large number out the window. So with the many points or thoughts of possibility, with what the Task Force objectives were and what they might of done throughout their process in ridding of the unwelcomed shares, has me seeing the possibility of $6 with all I said above. Still staying balanced with the .54 but also preparing for any large amounts of icing. All just my opinions/thoughts/possibilities.
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Post by 3bid on May 2, 2010 5:28:04 GMT -5
. And an extra welcome to you!
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Post by TallyHo on May 2, 2010 8:05:40 GMT -5
wow.....well thought out.
Welcome.
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Post by gabbyhayes on May 2, 2010 8:08:51 GMT -5
Holy smoke..That post was awesome in its reasoning...I am starting to believe that $6.00 a share is a distinct possibility....WOW!!!!!!!!
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Post by eyjafjallajokull on May 2, 2010 8:26:38 GMT -5
Thanks for an interesting set of posts.
Now I only came out of lurking mode last week so I accept that my posting should be viewed with sceptisism.
Two questions, intended in a positive spirit, to help me better understand:
1. How would a determined price be worked out (the 54 cents figure)? I.e. where does it come from? I realise it would have been calculated/negotiated a long time ago.
2. How does the concept of monies collected for NSSing CMKX get linked to the World Reports type stuff that AH alludes to in his interim update last week?
Thanks
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Post by davesaint on May 2, 2010 9:06:29 GMT -5
Great job! Stock is only issued one time and so the company who issues the stock only receives the money for it one time. However with that said, the shares that are traded still need to be accounted at a 1 to 1 ratio. Naked shorting destroys the 1 to 1 ratio and dilutes the value because it creates more supply than demand. A company's overall value (Market Cap) is determined by taking the number of outstanding shares * current price per share.
IMO the company would have had some real value if they priced each share at an initial price of .54 per share. That .54 was determined and agreed to by the parties to the settlement. Why that price when the stock was trading between .0001 and .0008 per share from what I remember. I see the biggest reason for why the trust contains $3.87 trillion is not because of the X9 multiplier but because of the the initial .54 agreed upon share price. What if the value was determined to be .0020 per share and a premium was added to this amount as a penalty to double this amount. .0040 * 9 = .036 * 650,000,000,000 = $23,400,000,000 billion? IMO the claims would have had to be worth alot more that the stock price was trading at. To summarize the .54 initial price was key to the trust containing the $3.87 trillion number not the 9X multipler.
I hope this post makes some sense to all of you. If not, maybe one of you could re-write it where it does make sense.
Davesaint
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Post by eyjafjallajokull on May 2, 2010 9:22:39 GMT -5
Thanks, yep, the precise numbers don't matter quite that much, but a negotiated settlement based on the potential pps without NSSing plus a penalty/potential etc. factor.
I only bought in just before the run from 0.001 to 0.001 or 0.0012, memory faded on the exact numbers, but had it on 'watchlist' for a while before when it was in pennies rather than hundredths of pennies.
OK, from the .54 type number, there is obviously no info in the public domain on who, how many or how much agreed to, and paid, that amount. Fair enough, we can't now that know - but would determine how much of the 3.7 trillion is in the pool.
But back to the second question - how did this pool of money get connected to wold reports type stuff - that I can't fathom - admittedly I know very little - maybe one pool covered multiple settlements/roles - but then why wouldn't each settlement's money be ringfenced/earmarked?
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Post by luvhurtz on May 2, 2010 9:25:01 GMT -5
I have always thought it was odd that there are not shareholders who did not get their certs and are not making a big issue of it. The counter stopped in the 600 billions so there is supposed to be another 600 billion shares out there? Where are these voices?
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Post by davesaint on May 2, 2010 9:32:58 GMT -5
"But back to the second question - how did this pool of money get connected to wold reports type stuff - that I can't fathom - admittedly I know very little - maybe one pool covered multiple settlements/roles - but then why wouldn't each settlement's money be ringfenced/earmarked?"
I don't know and we will probably never know. I can speculate that Michael Cottrell and C. Story were in contact with each other before Al Hodges and Michael Cottrell and or Al Hodges and C. Story hooked up. I think Michael Cottrell maybe legit. He could be the paymaster for all of the trusts. Just all speculation. I wouldn't read too much into the C. Story / Al Hodges connection. I think the Michael Cottrell / Al Hodges connection is more important to all of this.
Davesaint
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Post by NobleForce2 on May 2, 2010 10:04:01 GMT -5
I have always thought it was odd that there are not shareholders who did not get their certs and are not making a big issue of it. The counter stopped in the 600 billions so there is supposed to be another 600 billion shares out there? Where are these voices? I have a friend who did not believe and sold his shares. His dad bought shares on his advice, but never sold. He never told his dad about the cert pull, so dad never found out. Not everybody reads boards. I think this is a good example of where the other (would-be) voices are.
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Post by imSINGLEruRICH on May 2, 2010 10:15:32 GMT -5
Super posts Duc N Altum... great thoughts !! Welcome to the board !!
SINGLE
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Post by beavis on May 2, 2010 11:05:33 GMT -5
Good post! I go over to the Christians board and read the posts there a lot May I add another extra thought on another previous post: From Bhollenegg (partial post) "2. I just know what is in the update. The funds will be released in a matter of hours by the Trustees when the ER is received." So, IMO, it sounds like not only is the money in the trust already (as has been opined) but also has all been accounted for since it will only takes a matter of hours to be released. Also, maybe the funds are already divided-up or organized per bonafide shareholder.
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Post by bubba on May 2, 2010 11:20:50 GMT -5
Sorry for the dumb question, but are you guys saying that those people who never pulled their shares into cert form or weren't able to years ago won't get anything once the funds are released? whooah imagine how much that would suck for them! When you say "legal" shareholders are you saying those of us who bought on the market and pulled our certs? I understand the NSS and how that all works but I still don't understand where all those extra shares above the 600B went.
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Post by portrush on May 2, 2010 12:39:31 GMT -5
Thanks for bringing it over here, Duc.
pr
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