Tidbits for the Day.....Rumors, gossip, news

[misisipiflyer]

By: jay_adobe
31 Aug 2007, 09:06 AM EDT
Msg. 597853 of 597941
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'Tis really a grand day and situation when a plan comes together and unfolds right before your eyes, leaving those not in-the-know dumbfounded and scrambling for action just to try to keep up. A questioner was recently bamboozled beyond belief by an answerer when he visited the hometown. There is only one horse one should be betting on in this particular race. Some are betting the farm on the wrong horse. Cicero once said "The function of wisdom is to discriminate between good and evil." The good will prevail here, as surely as the downfall of naysayers when all the cards are laid upon the table. The answerer allowed the questioner to view certain, and only certain, documents in an effort to paint a tainted story. The questioner must, next time, ask all the pertinent questions to gain access to the other side of the story. Does anyone really think certain leaders know nothing of an interpleader, the NSS, the current lawsuit, the reason for not distributing the share asset, what fellow officers of teh court are doing, and other items that we each fully hold those in-the-know responsible? Henry David Thoreau once said "It is characteristic of wisdom not to do desperate things." Remain vigilant and do not do desperate things. Allow a qualified geologist to observe samples, and then send us a report. Anything other than that is a waste of company assets. I believe, and have always believed, we are in good hands. It's really nice when a plan comes together and unfolds right before your eyes. Enjoy your weekend. Be kind to each other; anything else is unfruitful today. imo

[misisipiflyer]

hawkeye1
Diamond Finder and Miner
Joined: Sept 2006
Posts: 1,000
Another call to the SEC...
« Thread Started on Today at 4:28pm »

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At 2:30 EST today I called the same number 1-800-732-0330 and this time I spoke to Mr. Bob. I explained to Mr. Bob who I was and that I own shares in many companies but I'm calling in particular about one of them (CMKX) and I explained all the information that was reported about CMKX having extreme value in their claims and it was even reported by the Mr. Frizzell there was a lot of oil there also. I even explained they put up a bill board at one of the races ( GOT CMKX ). I told Mr. Bob that Mr. Maheu started the Taskforce at Mr. Frizzells office and ordered a cert pull and all 40,000 of us pulled our certs. I said "we proved a naked short aprox. 1.5 trillion shares." I said "Now the company is reporting they only have 558 dollars and no value. I said "They are talking about going back to trading but I'm not sure and I explained to Mr. Bob thats why I'm calling to get some understanding in all of this." Mr. Bob said " Maybe it's fraud and possibily do a class action." He said "another thing you could do is take a tax lose." Oh... believe me these things I didn't want to hear and then he said " You need to find a PRIVATE MARKET for your shares." I'm thinking to myself...me find a private market for my shares we can't even get anyone to talk to us about whats going on in our company let alone ME find a PRIVATE MARKET for my shares. I mentioned what good would it do with all the naked short shares? NOW he says " They just need to reregister with NEW SHARES." This is when I again mentioned they were talking about going back to trading again and he repeated himself about reregistering with NEW SHARES. Mr. Bob said " Thats all I can help you with and thats all my computer screen is showing. I felt he was pretty much saying "This was all you are going to get for now so I politely thanked him for his time and that was it.

Good day to all,

Hawkeye1

« Last

[jcline]

More Hawkeye from today.......8/31

Talked to Mr. Jim today at appx. 2:00 EST at the SEC. There has to be criminal charges filed by the DOJ before we can be on the list. Also the distribution is getting ready to go out for the ones on the list. Not all on the list will receive the distribution only the ones that have a claim fund attached to it. Some of these companys are there with no claim fund attached and could eventually get a claim fund attached.

The SEC website will inform us when the ongoing investigation is over for CMKX.

Respectfully,
Hawkeye1

tramp2.proboards88.com/index.cgi?board=general&action=display&thread=1188589108

[misisipiflyer]

[glow=red,2,300][/glow]PJ1-07: (12:45 AM) whitefeather49: Here ya go.... sorry it took so long: EXPLANATION OF PROPOSED INCOME TAX TREATY BETWEEN THE UNITED STATES AND BELGIUM (Start at page 96) but I recommend reading the whole thing www.house.gov/jct/x-45-07.pdf

[misisipiflyer]

Jay Adobe 9/05/07

" Big event Thursday. Remember, this is an event driven script. Of course this is only IMO."

[misisipiflyer]

Holdover from yesterday....bit still interesting...hmmmmm??

"In addition, Newmont Mining Corporation of Canada Limited (TSX: NMC) will pay a REGULAR QUARTERLY dividend of Cdn$0.1044/share on its exchangeable shares on September 28, 2007, to holders of record at the close of business on September 6, 2007. This dividend is designated as an "eligible dividend" for Canadian Tax purposes

[sandi66]

STOCKGATE TODAY-Captured Regulators Twist of Irony
An online newspaper reporting the issues of Securities Fraud

Captured Regulators Twist of irony - September 6, 2007
David Patch

This week the Securities and Exchange Commission announced a major settlement between the Commission and the Boston Stock Exchange. The settlement pertained to a lack of regulatory oversight by the exchange over years of illegal trading activities by exchange specialists.

In the settlement agreement the Boston Stock Exchange was censured and has agreed to pay near $1 Million to have two separate third party audits of their surveillance systems take place through the course of the next year. In addition the former exchange president James B. Crofwell was fined $75,000 for his role in failing to enforce exchange and federal securities laws.

On any other day this would be great news. Fact is it is disturbing news.

In the Administrative Proceeding presented by the Commission staff the irony of the commentary provided cannot be overlooked. The SEC was holding the Boston Stock Exchange in contempt for "failing to enforce Exchange rules to prevent specialists from trading for their own accounts ahead of marketable customer orders."

In layman's terms, the regulatory arm of the exchange was aware of but did not prevent the illegal trading activities and stock manipulation activities engaged in by the exchange specialists.

The Administrative Proceeding shined a closer light however on exactly who was responsible for the near 5 years of fraudulent trading activities. Would it surprise you if I were to say it was the Securities and Exchange Commission who was ultimately responsible?

Starting in 1999 an SEC audit of the Boston Stock Exchange surveillance systems highlighted the flaw in detecting the abusive trading practices of the specialist. Based on that audit the SEC Commission staff issued a memo to the Boston Stock Exchange and Crofwell directing him to "immediately develop trading ahead surveillance procedures." Crofwell responded to the directive in writing stating that the BSE would work to implement a same-day review of trading ahead activity by the target date of June 30, 1999 and would keep the staff informed of progress.

"Keep the staff informed of progress." This is the Commission staff we are talking about here.

According to the SEC documents the June 30, 1999 target was not only missed but the effort was not completed for nearly five years later. So where was this staff who was to be kept informed and who was responsible for taking appropriate steps when such deadlines simply came and went without completion?

Understand here, between 1999 and 2004, representing more than 1,250 trading days, the SEC contends that hundreds to thousands of trades were being executed illegally daily. Each trade executed to the advantage of the specialist over their clients.

Investors, with market orders were not getting the best price executions but instead received sub-standard trade executions so that these specialists could turn risk free profit. SEC examples provided in the AP identify that nearly 2-3% of all trades executed were illegal and represented tens of millions of illegal trades or more over the time period in question.

The AP is littered with evidence that the SEC was aware of the ongoing problems at the exchange year over year between 1999 and 2004 and yet did nothing to stop the abuse. Not a single enforcement action was taken against a single specialist during this window of opportunity. Likewise the SEC failed to take action against the exchange despite the awareness that the exchange was failing in their regulatory duties. Only today, 2007 has the SEC taken action.

Hence the irony.

The SEC has censured the Boston Stock Exchange and fined former president James Crofwell for failing to regulate and yet for 5 years the SEC failed to regulate and enforce the highest rules of our capital markets, the Federal Exchange Acts of 1934.

As for the fines imposed, consider this.

Crofwell and the Boston Stock Exchange failed to put proper compliance systems in place because they failed to allocate the necessary resources to the project. It was a money issue and Crofwell did not want to pay the expenses necessary in 1999 - 2004. Had Crofwell dedicated such expense in 1999 the total cost to the exchange between 1999 and 2004 would have been far greater than the $1 Million the exchange must now pay for the two independent audits.

There was a benefit of cost avoidance for the exchange and Crofwell personally and the SEC walked right into it. Crofwell's compensation would be based on the financial performance of the exchange and the $75,000 civil fine imposed on Crofwell pales to the compensation he most likely obtained through this cost avoidance and through the specialist revenues created off illegal trading activities.

So where is the restitution to those cheated by the Boston Exchange specialists?

There will be none. The specialists have been allowed to keep their ill-gotten gains and the exchange has been given a hall pass on a half decade of fraud, deceit, and manipulation.

Fortunately the actions of these specialists constitute fraud. They stole money from clients and with tens of millions of illegal trades executed the money stolen would clearly rise to levels constituting criminal fraud. Criminal investigations take place outside the captured walls of the SEC.

From the SEC Press Release:

"As today's action shows, the Commission continues to be vigilant in seeking to ensure that self-regulatory organizations fulfill their obligations as regulators," said Linda Chatman Thomsen, Director of the SEC's Division of Enforcement. "Self-regulatory organizations must expend the resources necessary to vigorously enforce their own rules and to detect and prevent misconduct by their member firms."

What Ms. Thomsen continues to fail to respect is that the SEC, representing the highest tier of regulatory enforcement has an equal responsibility to enforce member misconduct and exchange misconduct in an expeditious manner. This SEC case proves they failed at the expense of an unknown number of innocent victims.

SEC Spokesman John Heine was non responsive to questions regarding the Commissions role in the longstanding allowance of fraud. David Bergers, Regional Director of the Boston Office responsible for this case did not return a call for comment. I would hope Mr. Bergers is out seeking new employment as was the case with his predecessor after he failed to respond to whistleblower allegation in later became a multi-billion dollar market timing scandal.



For more on this issue please visit the Host site at www.investigatethesec.com
Copyright 2007

[jcline]

Posted in the Int room........

wilso1936: 9 DTC participant 5099 reportedly a secret account at the CDS (Canadian Depository for Securities, the CDS is a subsidiary of the DTCC) failed delivery for 212 days. DTC Participant account 5099 is reportedly a special account that clear(s)(ed) through Euroclear for seven Canadian brokerages:

wilso1936: PJ1-07: Thompson Kernaghan, Wolverton Securities, Global Securities, Pacific International, Canacord Capital, Yorkton Securities, Research Capital, with now defunct TK being replaced by TD Waterhouse.

[misisipiflyer]

This is a major asset raid. What better way to get the company cheap and the shares cheap by playing the doom and gloom card.

Those who are concerned about bankruptcy...
You do not claim bankruptcy on a company that has substantial Fails To Deliver and NSS affecting 40,000 plus legal bona fide stockholders, seasoned with thousands of informed shareholders who are aware that the law states under these circumstances, compensation is paid to the shareholders. You do not claim bankruptcy on a company, which does have claims in areas known to have the most lucrative mineral deposits in the World, and then lose control of the company because the company and assets will end up under the control of a court appointed holding company.

When you read anything about CMKX, add at the end, "This is because there is a major asset raid in progress", and then you will know why.

All the best to All,
BHollenegg

[jcline]

By: jay_adobe
07 Sep 2007, 09:21 AM EDT
Msg. 600583 of 600587
(This msg. is a reply to 600580 by MAILMAN1.)
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MAILMAN1

Alerts


Technical launch for ESES scheduled for 7 September 2007 - correction - 03/09/2007


On Friday, 7 September 2007, Euroclear will perform a technical launch to prepare for the future migration of Euroclear France, Euroclear Belgium and Euroclear Nederland activity to the ESES platform. As part of this technical launch, a new version of the Single Settlement Engine (SSE), common to Euroclear Bank, Euroclear France and Euroclear UK & Ireland, will be deployed. This launch is the next step following the SSE in the development of our Single Platform. . . . .

[misisipiflyer]

Hit & Run by DavidJmar

Next davidjmar driveby {Lundin ==> NYSE} 7 Sept 07
« Thread Started on Yesterday at 11:26pm »

And clearly not a rumor. But another hint? The Grapevine PDT:

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(8:04 PM) *** davidjmar_1 has joined the room ***

(8:05 PM) davidjmar_1: lundin www.investors.com/breakingnews.asp?journalid=59839901

(8:05 PM) davidjmar_1: [Long-tongue-hanging-out smiley]

(8:05 PM) joye 1: ... davidj ...

(8:05 PM) davidjmar_1: hi joye

(8:11 PM) al866: david whats up with the hit and run .32 the other night?

(8:15 PM) ***


Lundin Mining to List on New York Stock Exchange

VANCOUVER, BRITISH COLUMBIA, Sep 07, 2007 (MARKET WIRE via COMTEX) -- Lundin Mining Corporation ("Lundin Mining" or the "Company") (LUN)(OMX: LUMI)(AMEX: LMC) is pleased to announce that its common shares have been approved for listing on the New York Stock Exchange ("NYSE"). The Company expects it will begin trading on the NYSE on September 20, 2007 under the symbol "LMC".

In connection with listing on the NYSE, the Company has notified the American Stock Exchange ("AMEX") that it intends to delist its common shares from the AMEX and expects to file a notification of removal from listing on the AMEX on Form 25 with the United States Securities Exchange Commission ("SEC") on or about September 18, 2007, which should be effective 10 days thereafter.

The Company anticipates that its common shares will be suspended from trading on AMEX prior to the open of markets on September 20, 2007 when its common shares will commence trading on the NYSE. Lundin Mining's common shares will continue to also trade on the Toronto Stock Exchange and in the form of Swedish Depository Receipts on the OMX Nordic Exchange.

Lukas Lundin, Chairman of the Board of Lundin Mining, commented, "This is a proud moment for our Company as it is a reflection of our growth and maturity as a global mining company. We have a large shareholder base in the U.S. and are very pleased to have received this important recognition of being accepted for listing on the New York Stock Exchange. We will continue to pursue our goal of becoming a major global mining house in the base metals sector and believe being on the NYSE will assist us greatly in our accomplishing this goal."