Post by sandi66 on Aug 25, 2009 8:25:15 GMT -5
'Failed To Deliver' Shares A Persistent Issue'
If you are in, you win!Enjoy www.ultimateuploads.com/audio/view.php?play=81e316fdc9c98173b695b1fa59e65a9a TD Ameritrade call about shorting, www.ultimateuploads.com/audio/view.php?play=4df42849f3e12a9379065276bbea8c3d nice find, thanks board members, for ones that now heard this please listen to it carefully. New article Below!!! Enjoy 27 million fails in a stock with 1.1 million shares issued and outstanding. New article Below!!! Enjoy Currently, the Company has 62,000,000 shares outstanding, and simple calculations would assess a current book value for this company, as of today, at approximately $41.93 per share. Then the sum, when multiplied by a minimum of 16,000,000 shares shorted, comes to minimum of $670,880,000. A market analyst concludes this stock may be conservatively valuated at 2x its book value ($1,341,760,000) or put another way, about 4 times greater than TD Ameritrade's last year's net profit. Some of TD Ameritrade's clients are already requesting their stock certificates in fear that TD Ameritrade may go under. They are moving their shares to other trading houses that they believe to be less likely to short this stock. New article Below!!! Enjoy From: Anonymous American Investor New article Below!!! Enjoy Wall Street’s biggest losers. Losing $5 billion in a week will do that. New article Below!!! Enjoy Shore acquiring De Beers' interest in the FALC Joint Venture New article Below!!! Enjoy NASD Charges NevWest in CMKX Saga...Justice at Last? New article Below!!! Enjoy He who sells what isn’t his’n, must buy it back or go to pris’n. New article Below!!! Enjoy Hedge fund giant HBK Investments is looking at paying the biggest penalty yet in a two-year-old investigation of abusive trading in the so-called PIPEs market. New article Below!!! Enjoy Secret Service, Russia Agree to Fight International Financial Crimes New article Below!!! Enjoy Shore is talking about CMKX's 3D software in the first sentence.Shore Gold to reveal its model New article Below!!! Enjoy The losses of the troubled Amaranth and Vega hedge funds have led to predictable calls for more hedge fund regulation New article Below!!! Enjoy RCMP get names of offshore account holders New article Below!!! Enjoy Short Selling Home Page. New article Below!!! Enjoy Attorney General Creates Hedge Fund Task Force New article Below!!! Enjoy Hedge funds accused of market meddling New article Below!!! Enjoy Each counterfeit share shall be liable to SSSU as follows: New article Below!!! Enjoy Former Chairman of Pimco Equity Funds to Pay $572,000 in Settlement of SEC Fraud Charges New article Below!!! Enjoy Federal regulators are investigating 27 mutual fund companies that they say have siphoned hundreds of millions of dollars from investors by secretly taking kickbacks from contractors seeking to provide services to the fund companies, according to a newspaper report Thursday. New article Below!!! Enjoy Ray Unger: Hedge fund cowboys take us on wild rides New article Below!!! Enjoy The probe involves ``naked shorting,'' for alleged improper trading. New article Below!!! Enjoy Hedge fund to be sued over 'naked shorting' New article Below!!! Enjoy 'Failed To Deliver' Shares A Persistent Issue' What life feels like daily, for the Paid Bashers. 1. yellow nicotine fingers.BWAAAAAAHAHAHAHAHAHA 2. smoke filled rooms.BWAAAAAAHAHAHAHAHAHA 3. half empty pop bottles staring at You.BWAAAAAAHAHAHAHAHAHA 4. cubicles with soggy sweaty seat cushions.BWAAAAAAHAHAHAHAHAHA 5. the scent of musty old farts at each work station.BWAAAAAAHAHAHAHAHAHA 6. the distinguished jealousy and envy, wishing they all owned cmkx shares.BWAAAAAAHAHAHAHAHAHA 7. typing their same scripts over an over on all their bash stocks.BWAAAAAAHAHAHAHAHAHA 8. taking orders from someone that does not even look normal.BWAAAAAAHAHAHAHAHAHA 9. wishing this bad dream was over for them.BWAAAAAAHAHAHAHAHAHA 10.just plain to much work trying to put doubt in people.BWAAAAAAHAHAHAHAHAHA www.stockhouse.ca/bullboards/viewmessage.asp?no=12905197&t=0&all=0&TableID=0 SUBJECT:Bashers hear this!!!By:GoCMKX Posted By: GoCMKX Anyone who owns CMKX shares and sells their shares for $3 is an idiot. You will probably get 1.65 as a divy. Never sell your shares if you have a great future opportunity. The Bashers will be working overtime this week for a reason. Listen to this: www.ultimateuploads.com/audio/view.php?play=6aa8d6b5e37d15e0fab047b2a66c8a84 Failed Trades millionaires.proboards81.com/index.cgi?board=main&action=display&thread=1156335045 The anul truth of someone so STUPID, HERE YA GO ENJOY, Paid Basher, so you now know he has to post his POSTS under differnt bashing names, also remember he will talk back an forth to himself with other names for his job, notice they are always stupid one liners with no meat to back them up.,. He is a CHILD IN A MANS BODY..... www.stockhouse.ca/bullboards/viewmessage.asp?no=12457951&tableid=0 Now if you look at the new link below, do you really think all his losses were from oil an gas? Ask your self which Paid Bashers will be "BLAMEdDUH" first. Line them up see which Squeals first, BWAAAAAAHAHAHAHAHAHA. If you have already read this post, their is a new read at the bottom please read carefully , now understand why these bashers are hear an who they work for. We have read over an over about Paid Bashers , we know we have made one slip up here an told us in his own words who he is and what he is enjoy this new read. Cmkx team, all we can do is wait an enjoy our time here, digest all the events we see happening right in front of our eyes with the markets. Do not let these idiots wear you down. Remember what all the bashers have been saying no such thing as shorting pinkys or any stocks under 3 dollars. Just enjoy the show, laugh at them with their paid desperation they call employment. You have to realize they know that we are locked in and they cannot sway us now except to try to put worry and saddness to each of us. Can you imagine, every morning and some every night coming to their soggy sweaty seat cushioned chair with their smoke filled room knowing they are sitting fools that do not own cmkx shares. The constant jealousy rage eating away at them every stupid moronac second of their WASTEFULL life must be MONSTROUS . The tension of the over filled ashtrays must be tremendous. The glowing glare of yellow nicotine fingers with last shifts of half empty pop bottles staring at each other across from their cubicles must be undescribable with the scent of musty old farts.BWAAAAAAHAHAHAHAHAHA, Can you imagine!!!!!!!!!!!!!! The day of a Life of a paid basher>>>>>>>>. If you listen to this about TD AMERITRADE, ABOUT shorting, you will understand why . HARILIP.MORON.HUNTED. and his brother pms are here. You will understand their purpose. I will post under this link where pms admits he is a paid baSher enjoy enjoy. Enjoy , understand and also click on their name to look and learn how they bash a stock so you will learn to understand all the other stocks you have. This will give you a great advantage of now feeling comfortable about reading the other chat boards here with your stock plays. Have a great Day. The greatest justice will be when we do get our cmkx riches these losers will never get over it. While we are enjoying our new lives these 2 bit idiots will still be here typing their same scripts over an over on all the stocks they have to bash for money. BWAAAAAAHAHAHAHAHAHA, can you imagine being one of these idiots knowing they screwed up not buying cmkx, and every second of their LIVES having this THOUGHT. This is JUSTICE enough. This makes so much sense of why their is so much emotion and hatefull jealousy of these people. It is important to distinguish jealousy from envy. To oversimplify, jealousy is angry, envy is wistful. Jealousy is DESTRUCTIVE, envy rarely. I sure like that word DESTRUCTIVE, this is what will be happening to these bashers when our cmkx riches flow to us. It would be the same as having your group workers buying LOTTERY TICKETS every week at work.This WAS THE ONLY TIME you NEVER BOUGHT TICKETS WITH THE GROUP of WORKERS. I am not buying this week he boldly said, smirk , smirk , smirk. BOOM BOOM BOOM Kaaaaboom this was the week they WIN the biggest lottery prize known. It is going to be so unreal justice, knowing every second of these BASHERS LOSERS LIVES will be never EVER getting over the biggest Loss of riches they all could have received. Well enough of the Destructive reality of what WILL happen to these PAID LOSER BASH TOUTS, have a delicious day , bye for now. Why are the bashing bastys suffering extreme anxiety today, did they get their walking papers?!!?? If not now, it will be very soon. WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee. BWAAAAAAAAAHHAHAHAHAHAHA BASHERS One entry found for desperate: 1 a : moved by despair b : involving or employing extreme measures in an attempt to escape defeat or frustration 2 : suffering extreme need or anxiety 3 : involving extreme danger or possible disaster 4 : of extreme intensity BASHERS aggression: 1 : hostile, injurious, or destructive behavior or outlook especially when caused by frustration WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee The anul truth of someone so STUPID, HERE YA GO ENJOY.... www.stockhouse.ca/bullboards/viewmessage.asp?no=12457951&tableid=0 www.marketwire.com/mw/release_html_b1?release_id=154821 www.marketwire.com/mw/release_html_b1?release_id=154821 Phoenix Associates Issues Letter to Shareholders Recommends Shareholders Request Delivery of Shares in Certificate Form NEW ORLEANS, LA -- (MARKET WIRE) -- August 16, 2006 -- Phoenix Associates Land Syndicate (PINKSHEETS: PBLS) (www.pbls.biz) today announced that Paul Alonzo, its President and CEO, issued the following letter to the company's shareholders. Dear Phoenix Shareholder: I will begin by thanking you for your continued support of PHOENIX. As a shareholder of PHOENIX, you know that we are making great strides forward in growing our company through acquisitions and internal growth, and we believe that we have set PHOENIX upon a successful course for the future. I won't even attempt to recap here all the key actions being taken; but, suffice it to say that, from our multiple business units and from our strategic initiatives to our tactical actions, I believe that we are on an exciting and highly rewarding journey. And, together, Phoenix and our shareholders are a winning team. As you know, this past year has been challenging, but, we have met the challenges head-on and with your support we are confident of success. We are working hard to fulfill our promise of creating a strong, profitable, multi-faceted company with short and long-term value. I am happy to tell you that the entire PHOENIX team is fully committed to achieving this goal. We would like your help. There is something that you might be able to do to help us, and in the process, help yourself. As you know, like many stocks on the pink sheets and OTCBB, PHOENIX has been recently trading at levels that are believed by most to be significantly below what we would consider fair value. Although general market sentiments about our company have undoubtedly played a role in the recent price of our stock, management believes that the current stock price is also attributable in part to heavy selling pressure from "short selling" of our shares in the marketplace and, some of this "short selling" may have originated outside the United States. Therefore, let me take a minute to explain "short selling" and what we think you can do to help. Effect of Short Selling on a Company's Stock Price. In "short selling," traders sell stock they do not own by borrowing shares from a broker that must to be returned at a later date. If the stock price goes down, the short sellers buy stock in the market at a lower price, return the stock to the broker and make a profit. By selling first and buying later, short sellers benefit from stock prices going down instead of up. This makes their interest in our company directly opposite from what most of our shareholders want -- i.e., for the price of our stock to increase. If there is a lot of short selling, supply of our shares may exceed demand for our shares, causing the stock price to go down. In other words, short sellers can make money by selling enough stock short to artificially increase the volume of selling and drive down the market price. In the case of the "short selling" originating outside of the United States, it is possible that the "balancing shares," were not even properly borrowed from a broker. This is sometimes referred to as "naked shorting." Short Sellers Borrow Stock from Shareholders Like You. Where do the traders get the stock to borrow? Ironically, whether you know it or not, they probably have been borrowing shares from shareholders like you. If your shares are registered in your broker's name or in "street name" instead of yours or are held in a margin account, your PHOENIX shares may have been loaned out to these "short sellers." In other words, if your PHOENIX shares are registered in your broker's name or being held in a margin account, your shares are available to be loaned out to short sellers. So, while short sellers are borrowing your stock, they are actually working against your interest in seeing a higher PHOENIX stock price. While many companies experience short selling in the marketplace, we believe the amount of short selling compared to the trading volume in our stock may be unusually high. Our financial advisors believe this may be adding downward pressure on the price of our stock. How Shareholders Can Help Combat Short Selling. To carry out short sales, traders need to borrow stock that is registered in "street name" or held in a margin account. However, if enough stock is taken out of street name or margin accounts, short sellers will have difficulty maintaining the current volume of short sales. Therefore, we are asking all of our shareholders to do the following: Promptly call your broker and have your PHOENIX stock issued in your name and delivered to you in "certificate" form for your own safekeeping. Or, at a minimum, have the broker issue your shares in your name and hold them at the brokerage firm in safekeeping, if your broker is among those that offer this service. Holding your own shares in certificate form is the only way in the trading markets of today that you can be fully assured that you hold "real" shares of stock and not counterfeit shares that may have been created due to the rash of naked short selling that appears to be prevalent these days. Your ability to hold or sell the stock would not change. What would change? A short seller would not be able to borrow your stock for short sales without your permission. So long as the stock is registered in the broker's name, the broker is the legal owner of record, and can lend your stock to a short seller without your permission. Similarly, so long as you have your stock in a margin account, it is available for loan by your broker. If you have the stock registered in your own name and held at the broker or in your own safekeeping, brokers will not be able to do this. Would there be any downside for shareholders in having shares registered in their own names? From an economic point of view, the answer is no -- nothing will have changed. The only difference would be administrative including some possible paperwork and expenses you may incur in having the shares put into certificate form and delivered to you. When you decide to sell, if you had your shares transferred to your own name and delivered to you, you would have to send your certificate back to the broker with a signed "stock power" and instructions to move the stock back into street name. We think this is a small price to pay for relieving the heavy short selling pressure on our stock. When can shares be taken out of street name? You can seek to take shares out of street name at any time. However, because of the apparent heavy short selling pressure on our stock, we believe that your immediate action would be desirable. Accordingly, we are asking our shareholders to call their brokers to have their shares promptly taken out of street name and them issued in their own name and delivered to them in certificate form. The company intends to work with its transfer agent and shareholders to make the process of re-registering your shares for delivery to you in certificate form as quick and easy as practicable. If you have any questions about this process, please contact Mike Mulshine at 732-292-0982, and he will be happy to assist you. As I set out above, the company has undertaken a number of recent initiatives to better position us for the future. As a shareholder, you can help. We appreciate your consideration of this important matter and thank you for your continuing support of PHOENIX. Sincerely, Paul Alonzo President and CEO About Phoenix Associates Land Syndicate (PBLS) Phoenix Associates Land Syndicate (PINKSHEETS: PBLS) is a public holding company, with thousands of shareholders, that has purchased motivated companies in order to enhance its assets and income basis. Since 1978, PBLS has developed assets and/or interests in sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction-related industries. For more information, visit www.pbls.biz Forward-Looking Statements This press release contains statements that are "forward looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. -------------------------------------------------------------------------------- Contact: Osprey Partners Mike Mulshine 732-292-0982 osprey57@optonline.net SOURCE: Phoenix Associates Land Syndicate forums.christiantraders.com/viewthread.php?tid=7327 Subject: Mark's book 1988clm Family Member -------------------------------------------------------------------------------- Posts: 86 Registered: 11/4/0505 Location: Kingston, Canada Member Is Online Mood: patiently waiting posted on 8/16/0606 at 09:33 Mark's book See below, guess we might know soon (yes, there's that word again) as shipments are expected to start in September. Course, that date could be changed, just like previous deadline of June. THESE ORDERS ARE FOR PRE-PUBLISHED PRICING - EXPECT SHIPMENTS IN SEPTEMBER For the month of August, receive 10% off 10 or more books in the same order for family and friends, or State and Congressional Representatives. Coupon Code is faulk. Because the book is taking longer than we expected. For the month of August, every book sold will include a free personalized autograph from Mark Faulk. www.theownersgroupinc.com/cart/ www.stockhouse.ca/bullboards/viewmessage.asp?no=12816709&t=0&all=0&TableID=0 Jump to CMKX Forum SUBJECT: Failed Trades Forbes News naked shorting Posted By: PrivateJetCeo Post Time: 8/20/2006 02:0 Failed Trades (the reason reason there are two lonely bashers left on this board, thinking CMKX will just go away LMAO. www.forbes.com/business/2006/08/18/naked-shorts-global-links-cx_lm_0818shorts.html Failed Trades Financial Services Failed Trades Liz Moyer, 08.18.06, 5:50 PM ET By This Author Liz Moyer A simple Freedom of Information Act request has reignited debate over the influence of naked short-selling in the stock markets. Late Thursday and all day Friday, bloggers and posters in investment Web site chat rooms were furiously debating the merits of information dug up by David Patch, a now-familiar character in the blogosphere who stands firmly in the anti-naked-short-selling camp. On Thursday, Patch got word back from the U.S. Securities and Exchange Commission on his request for information regarding failed trade data on Global Links, a Las Vegas real estate holding company that has been the target of frenzied trading activity over the last year and a half, and whose shares now trade at just fractions of a penny. The data says on April 18, 2005, and the next day, fails in trades of Global Links stock totaled 10 million each. This compares with roughly 4 million shares in total outstanding common stock reported by the company at the end of March 2005. So there was well over twice as many failed trades each day as there were actual common shares issued. How can this be? Global Links is a very tiny company, but it is one example of an intensifying debate that is going on in the markets and at the SEC about possible market manipulation. For the last year and a half, there has been a growing chorus of folks, like Patch, who argue that naked short-sellers pose a systemic risk to the markets by creating counterfeit shares that pressure stocks of targeted companies even lower and force some companies out of business (not to mention destroying the investment savings of shareholders.) They even contend that this activity is orchestrated, involving the collusion of hedge funds, broker dealers and in some cases journalists, all under the not-so-watchful eye of market regulators. Their detractors--blogger and former BusinessWeek editor Gary Weiss mockingly calls them the "Baloney Brigade"--say they are distorting or misinterpreting the data. Or, at worst, they are scam artists bent on the opposite form of stock fraud--the "pump and dump." To back up for a minute, short-selling is when the trader borrows the shares and sells them, hoping they'll fall and he can buy them back at a lower price and pocket the difference when he goes to close out his loan. But sometimes stock is hard to borrow. Trades still take place, however, though traders never managed to borrow the shares before selling them, resulting in the shares not being delivered to the buyer. These are known as fails-to-deliver. It's also called naked short-selling. Some of it's accidental, and some of it is an intentional form of manipulation. The SEC, concerned about possible manipulative short-selling activity, instituted Regulation SHO in January 2005. It was supposed to curb abusive trading by imposing strict close-out rules in stocks that had high degrees of failed trades within certain parameters. But Reg SHO has proved to be less than effective, as the SEC itself noted last month in proposing amendments to tighten loopholes. Since January 2005, several companies have been on the SHO list for well over 13 days, some for hundreds of days, including Overstock.com (nasdaq: OSTK - news - people ), Netflix (nasdaq: NFLX - news - people ), Krispy Kreme (nyse: KKD - news - people ), and Martha Stewart Living Omnimedia (nyse: MSO - news - people ). Even the SEC admits this isn't how it's supposed to work. "Large and persistent fails to deliver," it says in its proposed amendment to SHO, "can be indicative of manipulative naked short-selling." The SEC's own reporting on the issue doesn't even capture the whole problem. The agency uses data from the Continuous Net Settlement system at the Depository Trust & Clearing Corp., the New York clearinghouse that acts as the financial industry's go-to place for settling securities transactions. The DTCC says fails-to-deliver equate to about $3 billion, if you divide in half the $6 billion figure it reported at the end of 2005 (it later explained it was double-counting delivered and received shares). The company, which reports fail data to the stock exchanges but won't release the data to the public, says it has no way of knowing how many transactions settle ex-clearing, meaning outside its walls, in special arrangements from broker to broker. "We don't know the underlying reasons for why trades fail. All we do is process the data and provide the information" to the markets, says a DTCC spokesman. Asked for the percentage of fails (among failures the DTCC tracks) in all stock trades settled, including ex-clearing, he says, "If you don't know the size of the whole market, how can you tell what percentage you have?" Executives at Global Links think they have more like 20 million to 30 million failed trades in their stock, which might suggest ex-clearing trades in their stock are two to three times as great as at the DTCC. "It's something that we're still researching," says Patrick Donahoo, manager of marketing services. The whole saga started in February 2005, when Global Links, then trading at 10 cents a share, initiated a 1-for-350 reverse share split, reducing its common stock outstanding from 350 million shares to about 1.1 million and narrowing substantially the number of shares available to be borrowed. After the reverse split, a Michigan businessman named Robert Simpson filed a notice with the SEC saying he had acquired 100% of Global Links' outstanding common stock. Donahoo says there is no evidence that Simpson ever got his shares, even though he filed papers with the SEC documenting the purchase. Attempts to reach Simpson were unsuccessful. According to the SEC data, the fails in Global Links stock dropped to just under 10 million a day after two days and gradually tapered off, but were still a lofty 5.97 million at the end of December 2005. A month after the reverse split, the company issued another 2.9 million shares previously authorized by the board, and those shares may have alleviated some of the fails. Shares of Global Links, which trade over the counter, rose 2.22% Friday, but were still a half-penny each. Some 270,000 shares traded. "We're still operating, and our doors are open for business," Donahoo said. "But it's definitely taken our focus off what we're doing here." www.forbes.com/2006/08/18/naked-shorts-global-links-cx_lm_0818shorts.html?partner=yahootix Financial Services Failed Trades Liz Moyer, 08.18.06, 5:50 PM ET A simple Freedom of Information Act request has reignited debate over the influence of naked short-selling in the stock markets. Late Thursday and all day Friday, bloggers and posters in investment Web site chat rooms were furiously debating the merits of information dug up by David Patch, a now-familiar character in the blogosphere who stands firmly in the anti-naked-short-selling camp. On Thursday, Patch got word back from the U.S. Securities and Exchange Commission on his request for information regarding failed trade data on Global Links, a Las Vegas real estate holding company that has been the target of frenzied trading activity over the last year and a half, and whose shares now trade at just fractions of a penny. The data says on April 18, 2005, and the next day, fails in trades of Global Links stock totaled 10 million each. This compares with roughly 4 million shares in total outstanding common stock reported by the company at the end of March 2005. So there was well over twice as many failed trades each day as there were actual common shares issued. How can this be? Global Links is a very tiny company, but it is one example of an intensifying debate that is going on in the markets and at the SEC about possible market manipulation. For the last year and a half, there has been a growing chorus of folks, like Patch, who argue that naked short-sellers pose a systemic risk to the markets by creating counterfeit shares that pressure stocks of targeted companies even lower and force some companies out of business (not to mention destroying the investment savings of shareholders.) They even contend that this activity is orchestrated, involving the collusion of hedge funds, broker dealers and in some cases journalists, all under the not-so-watchful eye of market regulators. Their detractors--blogger and former BusinessWeek editor Gary Weiss mockingly calls them the "Baloney Brigade"--say they are distorting or misinterpreting the data. Or, at worst, they are scam artists bent on the opposite form of stock fraud--the "pump and dump." To back up for a minute, short-selling is when the trader borrows the shares and sells them, hoping they'll fall and he can buy them back at a lower price and pocket the difference when he goes to close out his loan. But sometimes stock is hard to borrow. Trades still take place, however, though traders never managed to borrow the shares before selling them, resulting in the shares not being delivered to the buyer. These are known as fails-to-deliver. It's also called naked short-selling. Some of it's accidental, and some of it is an intentional form of manipulation. The SEC, concerned about possible manipulative short-selling activity, instituted Regulation SHO in January 2005. It was supposed to curb abusive trading by imposing strict close-out rules in stocks that had high degrees of failed trades within certain parameters. But Reg SHO has proved to be less than effective, as the SEC itself noted last month in proposing amendments to tighten loopholes. Since January 2005, several companies have been on the SHO list for well over 13 days, some for hundreds of days, including Overstock.com (nasdaq: OSTK - news - people ), Netflix (nasdaq: NFLX - news - people ), Krispy Kreme (nyse: KKD - news - people ), and Martha Stewart Living Omnimedia (nyse: MSO - news - people ). Even the SEC admits this isn't how it's supposed to work. "Large and persistent fails to deliver," it says in its proposed amendment to SHO, "can be indicative of manipulative naked short-selling." The SEC's own reporting on the issue doesn't even capture the whole problem. The agency uses data from the Continuous Net Settlement system at the Depository Trust & Clearing Corp., the New York clearinghouse that acts as the financial industry's go-to place for settling securities transactions. The DTCC says fails-to-deliver equate to about $3 billion, if you divide in half the $6 billion figure it reported at the end of 2005 (it later explained it was double-counting delivered and received shares). The company, which reports fail data to the stock exchanges but won't release the data to the public, says it has no way of knowing how many transactions settle ex-clearing, meaning outside its walls, in special arrangements from broker to broker. "We don't know the underlying reasons for why trades fail. All we do is process the data and provide the information" to the markets, says a DTCC spokesman. Asked for the percentage of fails (among failures the DTCC tracks) in all stock trades settled, including ex-clearing, he says, "If you don't know the size of the whole market, how can you tell what percentage you have?" Executives at Global Links think they have more like 20 million to 30 million failed trades in their stock, which might suggest ex-clearing trades in their stock are two to three times as great as at the DTCC. "It's something that we're still researching," says Patrick Donahoo, manager of marketing services. The whole saga started in February 2005, when Global Links, then trading at 10 cents a share, initiated a 1-for-350 reverse share split, reducing its common stock outstanding from 350 million shares to about 1.1 million and narrowing substantially the number of shares available to be borrowed. After the reverse split, a Michigan businessman named Robert Simpson filed a notice with the SEC saying he had acquired 100% of Global Links' outstanding common stock. Donahoo says there is no evidence that Simpson ever got his shares, even though he filed papers with the SEC documenting the purchase. Attempts to reach Simpson were unsuccessful. According to the SEC data, the fails in Global Links stock dropped to just under 10 million a day after two days and gradually tapered off, but were still a lofty 5.97 million at the end of December 2005. A month after the reverse split, the company issued another 2.9 million shares previously authorized by the board, and those shares may have alleviated some of the fails. Shares of Global Links, which trade over the counter, rose 2.22% Friday, but were still a half-penny each. Some 270,000 shares traded. "We're still operating, and our doors are open for business," Donahoo said. "But it's definitely taken our focus off what we're doing here." cmkxunitedforum.proboards70.com/index.cgi?board=general&action=display&thread=1156633359 Prudential to Settle Rapid Trade Dispute Topic: Prudential to Settle Rapid Trade Dispute for 600MM (Read 306 times) "All that evil needs to triumph is for good men to do nothing." - Edmund Burke cmkxunitedforum.proboards70.com/index.cgi?board=general&action=display&thread=1156633359 CMKM Diamonds Provides Corporate Update biz.yahoo.com/bw/060828/20060828005616.html?.v=1 Press Release Source: CMKM Diamonds Inc. CMKM Diamonds Provides Corporate Update Monday August 28, 12:40 pm ET LAS VEGAS--(BUSINESS WIRE)--Aug. 28, 2006--CMKM Diamonds Inc. wishes to update its loyal and patient shareholder base on current actions of the company and plans for the future. "I wish to personally thank our shareholders for enduring this extremely long quiet period that has had to take place in order for our Company to comply with regulatory issues and make plans for the company to continue moving forward," stated Urban Casavant. ADVERTISEMENT It should be noted that Mr. Casavant has been suffering from serious health related issues and is no longer able to carry on the day to day related activities of the company. Mr. Casavant plans to remain as a Director of the Company and intends to announce new management within the next two weeks. Along with this announcement, new management will be instructed to re-establish an office within the next 30-45 days. On June 6, 2006, the Task Force was officially dissolved with a recommendation to the Company to interplead the 45 million share Entourage certificate in United States District Court in an effort to complete the identifying process of the bona fide shareholders and distribute the shares thereafter. The Task Force was created as an independent third party to give an unbiased opinion as to who the bona fide stockholders of CMKM are. Mr. Casavant added, "I would also like to personally thank the Task Force for all of their hard work. Mr. Maheu, Mr. Stoecklein and Mr. Frizzell have done an exceptional job and the company thanks them for their commitment to accuracy in reporting, due diligence and their firm resolve and pursuit of what has always been the best interests of the shareholders of the Company." Recently-retained legal counsel for CMKM, John T. Moran III of the Law Offices of Moran & Associates, a law firm whose residence is situated in the Great State of Nevada, will now proceed via the federal court system and, specifically, initiation of action in interpleader and for purpose of accounting and earmarking certificates to those shareholders presenting viable equity in the Company. As part of the Task Force's recommendation, the federal courts have subpoena power which, if deemed appropriate, could ultimately be used to gain cooperation from brokers that have allegedly-refused to comply with the Company and Task Force's efforts to date. This interpleader action must take place so that the Company can move forward. The Company intends on communicating all related information deemed material to the shareholders in a timely manner and anticipates a busy schedule related to the matters contained in this press release. The Company wishes to communicate to its shareholders that the message boards are not the place to find official news from the Company. The Company will only disseminate information to its shareholders through the use of an official press release. Safe Harbor Statement: This news release contains certain "forward-looking statements" within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that actual results will meet or exceed such expectations. Contact: CMKM Diamonds Inc., Las Vegas Investor Relations, 702-966-6328 -------------------------------------------------------------------------------- Source: CMKM Diamonds Inc. ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=359294 By: stormgrey43 28 Aug 2006, 11:10 PM EDT Msg. 359294 of 361596 Jump to msg. # Everything and everyone is in place. All regulatory requirements have been satisfied. All Bonafide shareholders identified. All Short entities have been identified. Company said it MUST interplead to move forward = Brokerage firm holdouts are screwed beyond belief and will be forced to issue each and every share sold. There are still shares available, no?
Hmmmmmmmmmmm? New management must certainly be in place for their announcement is a mere 2 weeks or less away. Nobody, and I mean NOBODY would assume the helm of a company w/o first doing their own Due Diligence. Especially after reading the Lee Webb, Carol Remond, and a host of other biased and slanted articles insinuating CMKX is a scam. Strange, no? Hmmmmm? Wonder what the new management saw that made them want to move forward with CMKX? Couldn't possibly be just shares of ETGMF, especially since after distributing them there'd be nothing left to move forward with.....or? Hmmmmm? Company thanked it's loyal and patient shareholders "for enduring this extremely long quiet period that has had to take place in order for our Company to comply with regulatory issues and make plans for the company to continue moving forward," Last time I checked, CMKX was revoked and considered a private company in good standing with the State of Nevada, where it is registered. The only "regulatory issues" I can think of would be in relation to the Securities and Exchange Commission - for which CMKX has no obligation to satisfy or comply with, or.....? Hmmmmm? "As part of the Task Force's recommendation, the federal courts have subpoena power which, if deemed appropriate, could ultimately be used to gain cooperation from brokers that have allegedly-refused to comply with the Company and Task Force's efforts to date. This interpleader action must take place so that the Company can move forward." Okay, so the Task Force is still trying to get the brokerage firms to send the shareholders they sold counterfeit shares to, their certs. This is HUGE. Not only does that indicate that the company is fighting on behalf of each of us BUT also forces the offending brokerage houses to admit they haven't the shares necessary to fulfill these requests. In other words, somebody committed fraud, and now must own up to it.... "The Company intends on communicating all related information deemed material to the shareholders in a timely manner and anticipates a busy schedule related to the matters contained in this press release." This is a funny one..... Since when has ANY company ever felt obligated to inform shareholders that they anticipate a busy schedule related to matter contained in a press release? Sounds more like a reiteration on a promise Mr. Maheu made sometime back to keep the shareholders informed, but due to "regulatory" reasons, could not. It also gives me the feeling that the company is saying "Hold onto your hats, here it comes!" I like it. Now, all things considered - Would you rather be in the game, or just watching it from the sidelines?? IMO, this is truly going to prove to be the "Stock of a Lifetime". I congratulate all those who have persevered! Storm cmkxunitedforum.proboards70.com/index.cgi?board=general&action=display&thread=1156919681 Topic: By: bhollenegg. Excellent CMKX post. (Read 731 times) smegadild Diamond Purchase Agent L1 member is offline Joined: Mar 2006 Posts: 2,157 By: bhollenegg. Excellent CMKX post. « Thread Started on Yesterday at 2:34am » -------------------------------------------------------------------------------- By: bhollenegg 29 Aug 2006, 04:56 PM EDT Msg. 5167 of 5195 Jump to msg. # Congratulations CMKX Shareholders and welcome back CMKX. The PR confirms CMKX is a viable company. Most importantly, the PR confirms the future looks promising. I am looking forward to the exciting future for CMKX and for the CMKX Shareholders. Thank you to all who have contributed constructively information to the shareholders during these trying times. Additionally, I appreciate those who have provided information from their sources and DD. Every bit of information helps. Some of the many contributors are/were RODDY56, ELO54, JAY ADOBE, MAVERICK1166, DDPRO, JCCLINE, TIGERPAWS, WODAN, FLEUGAL, XXDIAMONDCHILDXX, ABADGOODGIRL, RAVENPEACHES, GRANNY, ACCA, PLHXGOLD, IVORY, MELVIN, and the list goes on… Some received a lot of grief for being the messengers. There are very few individuals know all the facts as this unfolds. Information is obscure because of the importance and complexity of what is at stake. What is at stake, and what Mr. Urban Casavant, Mr. Maheu, Mr. Roger Glenn, Mr. Donald Stocklein, and the Team have accomplished is definitely a monumental task. The task necessitates addressing the possible areas of company ownership, NSS and compensation, mineral claims, royalties, dividends, and profit sharing. Keep in mind, as of the revocation date, shareholders are in a limited partnership. Legally, any compensation, cash payments, ETGMF dividends, settlements, assets, belongs to all of the bona fide shareholders. Also, consider all the possibilities of the company's future; mineral claims, the threat of NSS gone, the financial appeal in place for JV mining companies to unite under a single umbrella for protection and sharing of technologies, equipment, experiences, overall costs, discoveries.... the lists goes on. This is definitely a catalyst to lure major companies for a lucrative buyout or partnership, thus resulting in additional funds for the shareholders. The process is complicated and time-consuming, involves top lawyers, range of officials, diverse personalities, and several companies. It is paramount the results of this situation are handled in a discrete manner due to the consequences it could have on the confidence level of the investment community Worldwide and the consequences it could have on the economy of the United States. Every decision, every detail, every possible avenue must be explored to ensure a copasetic and just outcome. To all shareholders: stay united, stay firm, and most of all stay positive in health and wealth. Pay it Forward. Thank you all and thank you CMKX. Take care, BHollenegg Link to Post - Back to Top Logged kahuna6632 Kimberlite Rookie member is offline Joined: May 2006 Posts: 24 Re: By: bhollenegg. Excellent CMKX post. « Reply #1 on Yesterday at 7:23am » -------------------------------------------------------------------------------- Thanks for the summary to date post... Link to Post - Back to Top Logged JustJanet TDEM Flyover Pilot Level 5 member is offline Still dancin' the happy dance Joined: Feb 2006 Gender: Female Posts: 1,875 Location: California Re: By: bhollenegg. Excellent CMKX post. « Reply #2 on Yesterday at 11:29am » -------------------------------------------------------------------------------- Is he the new IR guy? A hole in an egg? JustJanet Link to Post - Back to Top Logged -------------------------------------------------------------------------------- smegadild Diamond Purchase Agent L1 member is offline Joined: Mar 2006 Posts: 2,157 Re: By: bhollenegg. Excellent CMKX post. « Reply #3 on Yesterday at 9:12pm » -------------------------------------------------------------------------------- dunno but i'm pretty sure it's wrong for me to be turned on by your avitar... Yesterday at 11:29am, JustJanet wrote:Is he the new IR guy? A hole in an egg? JustJanet Link to Post - Back to Top Logged workaholic TDEM Flyover Pilot Level 3 member is offline Joined: Dec 2005 Gender: Male Posts: 1,498 Location: Cajun' Country...Louisiana Re: By: bhollenegg. Excellent CMKX post. « Reply #4 on Yesterday at 9:17pm » -------------------------------------------------------------------------------- Yesterday at 9:12pm, smegadild wrote:dunno but i'm pretty sure it's wrong for me to be turned on by your avitar... Yesterday at 11:29am, JustJanet wrote:Is he the new IR guy? A hole in an egg? JustJanet Whew...I thought it was just me that was getting veklempt.. Link to Post - Back to Top Logged -------------------------------------------------------------------------------- My wife thinks I look like George Clooney! kranker Administrator member is offline "All that evil needs to triumph is for good men to do nothing." - Edmund Burke Joined: Nov 2005 Posts: 12,360 Re: By: bhollenegg. Excellent CMKX post. « Reply #5 on Yesterday at 9:19pm » -------------------------------------------------------------------------------- Yesterday at 9:12pm, smegadild wrote:dunno but i'm pretty sure it's wrong for me to be turned on by your avitar... www.chron.com/disp/story.mpl/ap/fn/4163886.html Sept. 5, 2006, 10:48AM Morgan Stanley Fined $2.9 Million © 2006 The Associated Press WASHINGTON — The NASD, a private-sector provider of financial regulatory services, said Tuesday it fined Morgan Stanley $2.9 million for "extensive violations" dealing with reporting obligations, short sales and a slew of other NASD, Securities and Exchange Commission and other rules. The investment firm's violations date back to 1999, the National Association of Securities Dealers, said, adding that both Morgan Stanley & Co. and Morgan Stanley DW Inc. will provide it with corrective actions to ensure regulatory compliance. Click to learn more... Morgan Stanley "undertook independent, internal reviews to determine the causes and extent of their trade reporting problems, provided their findings to NASD, and were otherwise highly cooperative with NASD's investigation," said Tom Gira, NASD executive vice president, in a statement. NASD said Morgan Stanley did not admit or deny wrongdoing, but agreed to the entry of NASD's findings. Morgan Stanley's shares rose 27 cents to $67.10 in morning trading on the New York Stock Exchange. www.businessweek.com/magazine/content/06_15/b3979084.htm APRIL 10, 2006 The Secret Lives Of Short-Sellers Biotech's Boon Or Bane? FINANCE The Secret Lives Of Short-Sellers The rise of hedge funds and indie research raises new questions about a shadowy world Sitting in a conference room in a Manhattan office, the researcher explains how he digs up financial information, often of the d**ning variety, for hedge funds and other big investors. His clients need the intelligence because they frequently sell short, meaning they bet on shares falling. "Look at the Web as a giant fish pond," he says, on the condition that he not be quoted by name. "We try to develop bait that will hook someone who knows more than anyone else." On another day, not far away, a private investigator hired by the other side can't resist a little boast, which, of course, is not to be attributed to him. He has been employed by several companies to help prove that a group of short-selling hedge funds are fraudulently collaborating with analysts and journalists to push down stocks. He claims he has planted moles at funds and sent phony book authors to interview unsuspecting targets. "It's amazing how people just open up," he says with a grin. SPY VS. SPY Once again, the War of the Short-Sellers is surging. This time there are new twists to both public hostilities and shadowy spy-vs.-spy activity. Helping to drive the controversy is the proliferation of a breed of independent researcher prone to greater skepticism than traditional Wall Street analysts. The growing influence of these little-known characters is a by-product of the Enron-era corporate scandals, as well as New York Attorney General Eliot Spitzer's campaign against the overly rosy analysis produced by many Wall Street firms. Businesses targeted by shorts are fighting back more aggressively with undercover investigations and lawsuits. Biovail Corp. (BVF ), a Canadian drug company, and online retailer Overstock.com Inc. (OSTK ) claim that hedge funds run by two of the most powerful traders on Wall Street, Steven A. Cohen and David Rocker, have engaged in fraud to drive down share prices. (Those allegations have been vociferously denied.) Public relations campaigns related to the suits have drawn intense media interest, with CBS's 60 Minutes featuring a sympathetic segment on Biovail. The Securities & Exchange Commission, meanwhile, is investigating allegations about abusive short-selling concerning the two companies, as well as potential underlying problems at both. Criticism of short-sellers is as old as stock trading. The technique involves selling borrowed shares in hopes that prices fall so the shares can be bought back more cheaply before being returned. Some aggrieved executives accuse shorts of crushing shares with whisper campaigns. But shorts often expose hidden corporate weaknesses and have sounded early alarms about Enron, Tyco (TYC ), Krispy Kreme (KKD ), and many other debacles. Pending suits by Biovail and Overstock allege a wider conspiracy than has been claimed in the past. One reason these complaints have resonated loudly is growing unease over the number and clout of hedge funds, the secretive, lightly regulated investment pools that frequently sell short. Since 2000 the number of funds has soared from 3,873 to 8,661, according to Hedge Fund Research Inc., while assets have more than doubled, to $1.1 trillion. "The perception is they're a bunch of cowboys, willing to do whatever it takes to get their returns," says Richard Leggett, CEO and president of the Center for Financial Research & Analysis, a forensic accounting firm whose clients include hedge funds, mutual funds, and regulators. Short-selling has become much more prevalent. Hedge funds dedicated strictly to the technique, such as those run by famed short-seller James S. Chanos of Kynikos Associates LP, had $603 million in assets in 2001, according to HFR; by 2005, assets in all short-only funds had grown to $3.3 billion. Many of the thousands of hedge funds that primarily focus on "long" investing, betting that shares will rise, also short at times. Short sales on NASDAQ hit a record high of 6.2 billion shares for the month ending Mar. 15. RABID FOR RESEARCH The growth in hedge funds has fueled a shift in stock research. To keep up returns, and to justify earning the highest fees on Wall Street, hedge funds have turned away from much of the research broadly distributed by investment banks. It's a commodity now. "The hedge funds will pay, but they value research that's not widely read," says Frank A. Fernandez, research director for the Securities Industry Assn., a trade group. That trend has accelerated since Spitzer's 2002 probe of Wall Street research. One of the New York State prosecutor's goals was to jump-start the independent research industry as a counterweight to the management-friendly research big investment banks did. The settlement of the Spitzer probe also ended the practice of analysts being paid to help win banking deals from the companies they covered, leading Wall Street to cut research spending. All that has opened the door to new, high-priced independent competitors. Two specialized categories have benefited the most: "forensic" firms, which look for suspicious accounting, and "direct research" outfits, which arrange confidential interviews with industry sources paid to answer questions posed by hedge funds and other institutional investors. It all adds up to more research highlighting potential problems with company financial statements or operations, and much of it is in the hands of hedge funds that sell short. Traders and analysts sometimes pass along such reports to the media, and that has led to harder-hitting coverage of some companies. Biovail, in its suit filed last month in state court in Essex County, N.J., alleges that Cohen's powerful hedge fund group, the $8 billion SAC Capital Advisors, conspired to create false reports about the company's financial health with independent stock research firm Gradient Analytics Inc. of Scottsdale, Ariz. Biovail alleges that Gradient let the Stamford (Conn.)-based SAC "ghost-write" negative reports, which Gradient sent to other clients and journalists as its own analysis after SAC had sold Biovail shares short. Overstock has filed a similar suit in state court in Marin County, Calif., alleging that Gradient worked with Rocker's fund to push its stock down. SAC dismisses the charges as false and says Biovail's stock fell due to regulatory problems and its repeated failure to meet earnings targets. Gradient co-founder Carr Bettis says its research is based entirely on its analysts' views, and claims that it allowed clients to sell short ahead of reports are "absolutely false." Rocker Partners LP also denies any wrongdoing, calling the allegations "frivolous." Critics of the shorts say recent government investigations of other funds demonstrate that abuses do exist. The SEC has brought a string of enforcement actions against smaller hedge funds that sold stock short in connection with deals known as private investments in public equities, or PIPEs. On Mar. 14, three hedge funds and their portfolio manager, Jeffrey Thorp, agreed to pay $15.8 million to settle fraud and insider-trading charges related to 23 PIPEs deals. Thorp allegedly obtained unregistered shares in the private placements and shorted the stock. He then used the unregistered shares to cover those short positions, a violation of federal securities law. The defendants settled without admitting or denying charges. SEC officials say they are investigating two-dozen hedge fund players involved in such deals. THE SILENCERS Still, defenders of short-selling argue that corporate critics are usually trying to divert attention from their own internal problems. Moreover, they want to silence analysts who publish critical research and discourage journalists from writing about the issues raised. "One of the more disturbing aspects of this is if they don't like what you say, then they'll use shareholder money to sue you for calling attention to their shortcomings," says Chanos, the short-seller who issued early warnings about Enron. John O'Quinn, a plaintiffs' lawyer in Houston who has won multimillion-dollar settlements against manufacturers of cigarettes, breast implants, and diet drugs, is at the center of the escalation of the hostilities. He has coordinated an effort by a consortium of law firms over the past several years to develop cases concerning allegedly manipulative short-selling. Overstock turned to this group to press its suit in California, and Wes Christian, the day-to-day manager of O'Quinn's legal campaign, says his team has helped Biovail with its case. "When we've turned up things related to other companies, we've made sure that information got to them," says Patrick M. Byrne, Overstock's president. In this carefully orchestrated campaign, O'Quinn's group has filed lawsuits related to about nine companies in half a dozen states, Christian says. With other analyst firms and big-name funds targeted, more litigation is in the works. By Jane Sasseen, with Amy Borrus in Washington and Emily Thornton in New Attacked By Illegal Shorters
If you are in, you win!Enjoy www.ultimateuploads.com/audio/view.php?play=81e316fdc9c98173b695b1fa59e65a9a TD Ameritrade call about shorting, www.ultimateuploads.com/audio/view.php?play=4df42849f3e12a9379065276bbea8c3d nice find, thanks board members, for ones that now heard this please listen to it carefully. New article Below!!! Enjoy 27 million fails in a stock with 1.1 million shares issued and outstanding. New article Below!!! Enjoy Currently, the Company has 62,000,000 shares outstanding, and simple calculations would assess a current book value for this company, as of today, at approximately $41.93 per share. Then the sum, when multiplied by a minimum of 16,000,000 shares shorted, comes to minimum of $670,880,000. A market analyst concludes this stock may be conservatively valuated at 2x its book value ($1,341,760,000) or put another way, about 4 times greater than TD Ameritrade's last year's net profit. Some of TD Ameritrade's clients are already requesting their stock certificates in fear that TD Ameritrade may go under. They are moving their shares to other trading houses that they believe to be less likely to short this stock. New article Below!!! Enjoy From: Anonymous American Investor New article Below!!! Enjoy Wall Street’s biggest losers. Losing $5 billion in a week will do that. New article Below!!! Enjoy Shore acquiring De Beers' interest in the FALC Joint Venture New article Below!!! Enjoy NASD Charges NevWest in CMKX Saga...Justice at Last? New article Below!!! Enjoy He who sells what isn’t his’n, must buy it back or go to pris’n. New article Below!!! Enjoy Hedge fund giant HBK Investments is looking at paying the biggest penalty yet in a two-year-old investigation of abusive trading in the so-called PIPEs market. New article Below!!! Enjoy Secret Service, Russia Agree to Fight International Financial Crimes New article Below!!! Enjoy Shore is talking about CMKX's 3D software in the first sentence.Shore Gold to reveal its model New article Below!!! Enjoy The losses of the troubled Amaranth and Vega hedge funds have led to predictable calls for more hedge fund regulation New article Below!!! Enjoy RCMP get names of offshore account holders New article Below!!! Enjoy Short Selling Home Page. New article Below!!! Enjoy Attorney General Creates Hedge Fund Task Force New article Below!!! Enjoy Hedge funds accused of market meddling New article Below!!! Enjoy Each counterfeit share shall be liable to SSSU as follows: New article Below!!! Enjoy Former Chairman of Pimco Equity Funds to Pay $572,000 in Settlement of SEC Fraud Charges New article Below!!! Enjoy Federal regulators are investigating 27 mutual fund companies that they say have siphoned hundreds of millions of dollars from investors by secretly taking kickbacks from contractors seeking to provide services to the fund companies, according to a newspaper report Thursday. New article Below!!! Enjoy Ray Unger: Hedge fund cowboys take us on wild rides New article Below!!! Enjoy The probe involves ``naked shorting,'' for alleged improper trading. New article Below!!! Enjoy Hedge fund to be sued over 'naked shorting' New article Below!!! Enjoy 'Failed To Deliver' Shares A Persistent Issue' What life feels like daily, for the Paid Bashers. 1. yellow nicotine fingers.BWAAAAAAHAHAHAHAHAHA 2. smoke filled rooms.BWAAAAAAHAHAHAHAHAHA 3. half empty pop bottles staring at You.BWAAAAAAHAHAHAHAHAHA 4. cubicles with soggy sweaty seat cushions.BWAAAAAAHAHAHAHAHAHA 5. the scent of musty old farts at each work station.BWAAAAAAHAHAHAHAHAHA 6. the distinguished jealousy and envy, wishing they all owned cmkx shares.BWAAAAAAHAHAHAHAHAHA 7. typing their same scripts over an over on all their bash stocks.BWAAAAAAHAHAHAHAHAHA 8. taking orders from someone that does not even look normal.BWAAAAAAHAHAHAHAHAHA 9. wishing this bad dream was over for them.BWAAAAAAHAHAHAHAHAHA 10.just plain to much work trying to put doubt in people.BWAAAAAAHAHAHAHAHAHA www.stockhouse.ca/bullboards/viewmessage.asp?no=12905197&t=0&all=0&TableID=0 SUBJECT:Bashers hear this!!!By:GoCMKX Posted By: GoCMKX Anyone who owns CMKX shares and sells their shares for $3 is an idiot. You will probably get 1.65 as a divy. Never sell your shares if you have a great future opportunity. The Bashers will be working overtime this week for a reason. Listen to this: www.ultimateuploads.com/audio/view.php?play=6aa8d6b5e37d15e0fab047b2a66c8a84 Failed Trades millionaires.proboards81.com/index.cgi?board=main&action=display&thread=1156335045 The anul truth of someone so STUPID, HERE YA GO ENJOY, Paid Basher, so you now know he has to post his POSTS under differnt bashing names, also remember he will talk back an forth to himself with other names for his job, notice they are always stupid one liners with no meat to back them up.,. He is a CHILD IN A MANS BODY..... www.stockhouse.ca/bullboards/viewmessage.asp?no=12457951&tableid=0 Now if you look at the new link below, do you really think all his losses were from oil an gas? Ask your self which Paid Bashers will be "BLAMEdDUH" first. Line them up see which Squeals first, BWAAAAAAHAHAHAHAHAHA. If you have already read this post, their is a new read at the bottom please read carefully , now understand why these bashers are hear an who they work for. We have read over an over about Paid Bashers , we know we have made one slip up here an told us in his own words who he is and what he is enjoy this new read. Cmkx team, all we can do is wait an enjoy our time here, digest all the events we see happening right in front of our eyes with the markets. Do not let these idiots wear you down. Remember what all the bashers have been saying no such thing as shorting pinkys or any stocks under 3 dollars. Just enjoy the show, laugh at them with their paid desperation they call employment. You have to realize they know that we are locked in and they cannot sway us now except to try to put worry and saddness to each of us. Can you imagine, every morning and some every night coming to their soggy sweaty seat cushioned chair with their smoke filled room knowing they are sitting fools that do not own cmkx shares. The constant jealousy rage eating away at them every stupid moronac second of their WASTEFULL life must be MONSTROUS . The tension of the over filled ashtrays must be tremendous. The glowing glare of yellow nicotine fingers with last shifts of half empty pop bottles staring at each other across from their cubicles must be undescribable with the scent of musty old farts.BWAAAAAAHAHAHAHAHAHA, Can you imagine!!!!!!!!!!!!!! The day of a Life of a paid basher>>>>>>>>. If you listen to this about TD AMERITRADE, ABOUT shorting, you will understand why . HARILIP.MORON.HUNTED. and his brother pms are here. You will understand their purpose. I will post under this link where pms admits he is a paid baSher enjoy enjoy. Enjoy , understand and also click on their name to look and learn how they bash a stock so you will learn to understand all the other stocks you have. This will give you a great advantage of now feeling comfortable about reading the other chat boards here with your stock plays. Have a great Day. The greatest justice will be when we do get our cmkx riches these losers will never get over it. While we are enjoying our new lives these 2 bit idiots will still be here typing their same scripts over an over on all the stocks they have to bash for money. BWAAAAAAHAHAHAHAHAHA, can you imagine being one of these idiots knowing they screwed up not buying cmkx, and every second of their LIVES having this THOUGHT. This is JUSTICE enough. This makes so much sense of why their is so much emotion and hatefull jealousy of these people. It is important to distinguish jealousy from envy. To oversimplify, jealousy is angry, envy is wistful. Jealousy is DESTRUCTIVE, envy rarely. I sure like that word DESTRUCTIVE, this is what will be happening to these bashers when our cmkx riches flow to us. It would be the same as having your group workers buying LOTTERY TICKETS every week at work.This WAS THE ONLY TIME you NEVER BOUGHT TICKETS WITH THE GROUP of WORKERS. I am not buying this week he boldly said, smirk , smirk , smirk. BOOM BOOM BOOM Kaaaaboom this was the week they WIN the biggest lottery prize known. It is going to be so unreal justice, knowing every second of these BASHERS LOSERS LIVES will be never EVER getting over the biggest Loss of riches they all could have received. Well enough of the Destructive reality of what WILL happen to these PAID LOSER BASH TOUTS, have a delicious day , bye for now. Why are the bashing bastys suffering extreme anxiety today, did they get their walking papers?!!?? If not now, it will be very soon. WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee. BWAAAAAAAAAHHAHAHAHAHAHA BASHERS One entry found for desperate: 1 a : moved by despair b : involving or employing extreme measures in an attempt to escape defeat or frustration 2 : suffering extreme need or anxiety 3 : involving extreme danger or possible disaster 4 : of extreme intensity BASHERS aggression: 1 : hostile, injurious, or destructive behavior or outlook especially when caused by frustration WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee The anul truth of someone so STUPID, HERE YA GO ENJOY.... www.stockhouse.ca/bullboards/viewmessage.asp?no=12457951&tableid=0 www.marketwire.com/mw/release_html_b1?release_id=154821 www.marketwire.com/mw/release_html_b1?release_id=154821 Phoenix Associates Issues Letter to Shareholders Recommends Shareholders Request Delivery of Shares in Certificate Form NEW ORLEANS, LA -- (MARKET WIRE) -- August 16, 2006 -- Phoenix Associates Land Syndicate (PINKSHEETS: PBLS) (www.pbls.biz) today announced that Paul Alonzo, its President and CEO, issued the following letter to the company's shareholders. Dear Phoenix Shareholder: I will begin by thanking you for your continued support of PHOENIX. As a shareholder of PHOENIX, you know that we are making great strides forward in growing our company through acquisitions and internal growth, and we believe that we have set PHOENIX upon a successful course for the future. I won't even attempt to recap here all the key actions being taken; but, suffice it to say that, from our multiple business units and from our strategic initiatives to our tactical actions, I believe that we are on an exciting and highly rewarding journey. And, together, Phoenix and our shareholders are a winning team. As you know, this past year has been challenging, but, we have met the challenges head-on and with your support we are confident of success. We are working hard to fulfill our promise of creating a strong, profitable, multi-faceted company with short and long-term value. I am happy to tell you that the entire PHOENIX team is fully committed to achieving this goal. We would like your help. There is something that you might be able to do to help us, and in the process, help yourself. As you know, like many stocks on the pink sheets and OTCBB, PHOENIX has been recently trading at levels that are believed by most to be significantly below what we would consider fair value. Although general market sentiments about our company have undoubtedly played a role in the recent price of our stock, management believes that the current stock price is also attributable in part to heavy selling pressure from "short selling" of our shares in the marketplace and, some of this "short selling" may have originated outside the United States. Therefore, let me take a minute to explain "short selling" and what we think you can do to help. Effect of Short Selling on a Company's Stock Price. In "short selling," traders sell stock they do not own by borrowing shares from a broker that must to be returned at a later date. If the stock price goes down, the short sellers buy stock in the market at a lower price, return the stock to the broker and make a profit. By selling first and buying later, short sellers benefit from stock prices going down instead of up. This makes their interest in our company directly opposite from what most of our shareholders want -- i.e., for the price of our stock to increase. If there is a lot of short selling, supply of our shares may exceed demand for our shares, causing the stock price to go down. In other words, short sellers can make money by selling enough stock short to artificially increase the volume of selling and drive down the market price. In the case of the "short selling" originating outside of the United States, it is possible that the "balancing shares," were not even properly borrowed from a broker. This is sometimes referred to as "naked shorting." Short Sellers Borrow Stock from Shareholders Like You. Where do the traders get the stock to borrow? Ironically, whether you know it or not, they probably have been borrowing shares from shareholders like you. If your shares are registered in your broker's name or in "street name" instead of yours or are held in a margin account, your PHOENIX shares may have been loaned out to these "short sellers." In other words, if your PHOENIX shares are registered in your broker's name or being held in a margin account, your shares are available to be loaned out to short sellers. So, while short sellers are borrowing your stock, they are actually working against your interest in seeing a higher PHOENIX stock price. While many companies experience short selling in the marketplace, we believe the amount of short selling compared to the trading volume in our stock may be unusually high. Our financial advisors believe this may be adding downward pressure on the price of our stock. How Shareholders Can Help Combat Short Selling. To carry out short sales, traders need to borrow stock that is registered in "street name" or held in a margin account. However, if enough stock is taken out of street name or margin accounts, short sellers will have difficulty maintaining the current volume of short sales. Therefore, we are asking all of our shareholders to do the following: Promptly call your broker and have your PHOENIX stock issued in your name and delivered to you in "certificate" form for your own safekeeping. Or, at a minimum, have the broker issue your shares in your name and hold them at the brokerage firm in safekeeping, if your broker is among those that offer this service. Holding your own shares in certificate form is the only way in the trading markets of today that you can be fully assured that you hold "real" shares of stock and not counterfeit shares that may have been created due to the rash of naked short selling that appears to be prevalent these days. Your ability to hold or sell the stock would not change. What would change? A short seller would not be able to borrow your stock for short sales without your permission. So long as the stock is registered in the broker's name, the broker is the legal owner of record, and can lend your stock to a short seller without your permission. Similarly, so long as you have your stock in a margin account, it is available for loan by your broker. If you have the stock registered in your own name and held at the broker or in your own safekeeping, brokers will not be able to do this. Would there be any downside for shareholders in having shares registered in their own names? From an economic point of view, the answer is no -- nothing will have changed. The only difference would be administrative including some possible paperwork and expenses you may incur in having the shares put into certificate form and delivered to you. When you decide to sell, if you had your shares transferred to your own name and delivered to you, you would have to send your certificate back to the broker with a signed "stock power" and instructions to move the stock back into street name. We think this is a small price to pay for relieving the heavy short selling pressure on our stock. When can shares be taken out of street name? You can seek to take shares out of street name at any time. However, because of the apparent heavy short selling pressure on our stock, we believe that your immediate action would be desirable. Accordingly, we are asking our shareholders to call their brokers to have their shares promptly taken out of street name and them issued in their own name and delivered to them in certificate form. The company intends to work with its transfer agent and shareholders to make the process of re-registering your shares for delivery to you in certificate form as quick and easy as practicable. If you have any questions about this process, please contact Mike Mulshine at 732-292-0982, and he will be happy to assist you. As I set out above, the company has undertaken a number of recent initiatives to better position us for the future. As a shareholder, you can help. We appreciate your consideration of this important matter and thank you for your continuing support of PHOENIX. Sincerely, Paul Alonzo President and CEO About Phoenix Associates Land Syndicate (PBLS) Phoenix Associates Land Syndicate (PINKSHEETS: PBLS) is a public holding company, with thousands of shareholders, that has purchased motivated companies in order to enhance its assets and income basis. Since 1978, PBLS has developed assets and/or interests in sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction-related industries. For more information, visit www.pbls.biz Forward-Looking Statements This press release contains statements that are "forward looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. -------------------------------------------------------------------------------- Contact: Osprey Partners Mike Mulshine 732-292-0982 osprey57@optonline.net SOURCE: Phoenix Associates Land Syndicate forums.christiantraders.com/viewthread.php?tid=7327 Subject: Mark's book 1988clm Family Member -------------------------------------------------------------------------------- Posts: 86 Registered: 11/4/0505 Location: Kingston, Canada Member Is Online Mood: patiently waiting posted on 8/16/0606 at 09:33 Mark's book See below, guess we might know soon (yes, there's that word again) as shipments are expected to start in September. Course, that date could be changed, just like previous deadline of June. THESE ORDERS ARE FOR PRE-PUBLISHED PRICING - EXPECT SHIPMENTS IN SEPTEMBER For the month of August, receive 10% off 10 or more books in the same order for family and friends, or State and Congressional Representatives. Coupon Code is faulk. Because the book is taking longer than we expected. For the month of August, every book sold will include a free personalized autograph from Mark Faulk. www.theownersgroupinc.com/cart/ www.stockhouse.ca/bullboards/viewmessage.asp?no=12816709&t=0&all=0&TableID=0 Jump to CMKX Forum SUBJECT: Failed Trades Forbes News naked shorting Posted By: PrivateJetCeo Post Time: 8/20/2006 02:0 Failed Trades (the reason reason there are two lonely bashers left on this board, thinking CMKX will just go away LMAO. www.forbes.com/business/2006/08/18/naked-shorts-global-links-cx_lm_0818shorts.html Failed Trades Financial Services Failed Trades Liz Moyer, 08.18.06, 5:50 PM ET By This Author Liz Moyer A simple Freedom of Information Act request has reignited debate over the influence of naked short-selling in the stock markets. Late Thursday and all day Friday, bloggers and posters in investment Web site chat rooms were furiously debating the merits of information dug up by David Patch, a now-familiar character in the blogosphere who stands firmly in the anti-naked-short-selling camp. On Thursday, Patch got word back from the U.S. Securities and Exchange Commission on his request for information regarding failed trade data on Global Links, a Las Vegas real estate holding company that has been the target of frenzied trading activity over the last year and a half, and whose shares now trade at just fractions of a penny. The data says on April 18, 2005, and the next day, fails in trades of Global Links stock totaled 10 million each. This compares with roughly 4 million shares in total outstanding common stock reported by the company at the end of March 2005. So there was well over twice as many failed trades each day as there were actual common shares issued. How can this be? Global Links is a very tiny company, but it is one example of an intensifying debate that is going on in the markets and at the SEC about possible market manipulation. For the last year and a half, there has been a growing chorus of folks, like Patch, who argue that naked short-sellers pose a systemic risk to the markets by creating counterfeit shares that pressure stocks of targeted companies even lower and force some companies out of business (not to mention destroying the investment savings of shareholders.) They even contend that this activity is orchestrated, involving the collusion of hedge funds, broker dealers and in some cases journalists, all under the not-so-watchful eye of market regulators. Their detractors--blogger and former BusinessWeek editor Gary Weiss mockingly calls them the "Baloney Brigade"--say they are distorting or misinterpreting the data. Or, at worst, they are scam artists bent on the opposite form of stock fraud--the "pump and dump." To back up for a minute, short-selling is when the trader borrows the shares and sells them, hoping they'll fall and he can buy them back at a lower price and pocket the difference when he goes to close out his loan. But sometimes stock is hard to borrow. Trades still take place, however, though traders never managed to borrow the shares before selling them, resulting in the shares not being delivered to the buyer. These are known as fails-to-deliver. It's also called naked short-selling. Some of it's accidental, and some of it is an intentional form of manipulation. The SEC, concerned about possible manipulative short-selling activity, instituted Regulation SHO in January 2005. It was supposed to curb abusive trading by imposing strict close-out rules in stocks that had high degrees of failed trades within certain parameters. But Reg SHO has proved to be less than effective, as the SEC itself noted last month in proposing amendments to tighten loopholes. Since January 2005, several companies have been on the SHO list for well over 13 days, some for hundreds of days, including Overstock.com (nasdaq: OSTK - news - people ), Netflix (nasdaq: NFLX - news - people ), Krispy Kreme (nyse: KKD - news - people ), and Martha Stewart Living Omnimedia (nyse: MSO - news - people ). Even the SEC admits this isn't how it's supposed to work. "Large and persistent fails to deliver," it says in its proposed amendment to SHO, "can be indicative of manipulative naked short-selling." The SEC's own reporting on the issue doesn't even capture the whole problem. The agency uses data from the Continuous Net Settlement system at the Depository Trust & Clearing Corp., the New York clearinghouse that acts as the financial industry's go-to place for settling securities transactions. The DTCC says fails-to-deliver equate to about $3 billion, if you divide in half the $6 billion figure it reported at the end of 2005 (it later explained it was double-counting delivered and received shares). The company, which reports fail data to the stock exchanges but won't release the data to the public, says it has no way of knowing how many transactions settle ex-clearing, meaning outside its walls, in special arrangements from broker to broker. "We don't know the underlying reasons for why trades fail. All we do is process the data and provide the information" to the markets, says a DTCC spokesman. Asked for the percentage of fails (among failures the DTCC tracks) in all stock trades settled, including ex-clearing, he says, "If you don't know the size of the whole market, how can you tell what percentage you have?" Executives at Global Links think they have more like 20 million to 30 million failed trades in their stock, which might suggest ex-clearing trades in their stock are two to three times as great as at the DTCC. "It's something that we're still researching," says Patrick Donahoo, manager of marketing services. The whole saga started in February 2005, when Global Links, then trading at 10 cents a share, initiated a 1-for-350 reverse share split, reducing its common stock outstanding from 350 million shares to about 1.1 million and narrowing substantially the number of shares available to be borrowed. After the reverse split, a Michigan businessman named Robert Simpson filed a notice with the SEC saying he had acquired 100% of Global Links' outstanding common stock. Donahoo says there is no evidence that Simpson ever got his shares, even though he filed papers with the SEC documenting the purchase. Attempts to reach Simpson were unsuccessful. According to the SEC data, the fails in Global Links stock dropped to just under 10 million a day after two days and gradually tapered off, but were still a lofty 5.97 million at the end of December 2005. A month after the reverse split, the company issued another 2.9 million shares previously authorized by the board, and those shares may have alleviated some of the fails. Shares of Global Links, which trade over the counter, rose 2.22% Friday, but were still a half-penny each. Some 270,000 shares traded. "We're still operating, and our doors are open for business," Donahoo said. "But it's definitely taken our focus off what we're doing here." www.forbes.com/2006/08/18/naked-shorts-global-links-cx_lm_0818shorts.html?partner=yahootix Financial Services Failed Trades Liz Moyer, 08.18.06, 5:50 PM ET A simple Freedom of Information Act request has reignited debate over the influence of naked short-selling in the stock markets. Late Thursday and all day Friday, bloggers and posters in investment Web site chat rooms were furiously debating the merits of information dug up by David Patch, a now-familiar character in the blogosphere who stands firmly in the anti-naked-short-selling camp. On Thursday, Patch got word back from the U.S. Securities and Exchange Commission on his request for information regarding failed trade data on Global Links, a Las Vegas real estate holding company that has been the target of frenzied trading activity over the last year and a half, and whose shares now trade at just fractions of a penny. The data says on April 18, 2005, and the next day, fails in trades of Global Links stock totaled 10 million each. This compares with roughly 4 million shares in total outstanding common stock reported by the company at the end of March 2005. So there was well over twice as many failed trades each day as there were actual common shares issued. How can this be? Global Links is a very tiny company, but it is one example of an intensifying debate that is going on in the markets and at the SEC about possible market manipulation. For the last year and a half, there has been a growing chorus of folks, like Patch, who argue that naked short-sellers pose a systemic risk to the markets by creating counterfeit shares that pressure stocks of targeted companies even lower and force some companies out of business (not to mention destroying the investment savings of shareholders.) They even contend that this activity is orchestrated, involving the collusion of hedge funds, broker dealers and in some cases journalists, all under the not-so-watchful eye of market regulators. Their detractors--blogger and former BusinessWeek editor Gary Weiss mockingly calls them the "Baloney Brigade"--say they are distorting or misinterpreting the data. Or, at worst, they are scam artists bent on the opposite form of stock fraud--the "pump and dump." To back up for a minute, short-selling is when the trader borrows the shares and sells them, hoping they'll fall and he can buy them back at a lower price and pocket the difference when he goes to close out his loan. But sometimes stock is hard to borrow. Trades still take place, however, though traders never managed to borrow the shares before selling them, resulting in the shares not being delivered to the buyer. These are known as fails-to-deliver. It's also called naked short-selling. Some of it's accidental, and some of it is an intentional form of manipulation. The SEC, concerned about possible manipulative short-selling activity, instituted Regulation SHO in January 2005. It was supposed to curb abusive trading by imposing strict close-out rules in stocks that had high degrees of failed trades within certain parameters. But Reg SHO has proved to be less than effective, as the SEC itself noted last month in proposing amendments to tighten loopholes. Since January 2005, several companies have been on the SHO list for well over 13 days, some for hundreds of days, including Overstock.com (nasdaq: OSTK - news - people ), Netflix (nasdaq: NFLX - news - people ), Krispy Kreme (nyse: KKD - news - people ), and Martha Stewart Living Omnimedia (nyse: MSO - news - people ). Even the SEC admits this isn't how it's supposed to work. "Large and persistent fails to deliver," it says in its proposed amendment to SHO, "can be indicative of manipulative naked short-selling." The SEC's own reporting on the issue doesn't even capture the whole problem. The agency uses data from the Continuous Net Settlement system at the Depository Trust & Clearing Corp., the New York clearinghouse that acts as the financial industry's go-to place for settling securities transactions. The DTCC says fails-to-deliver equate to about $3 billion, if you divide in half the $6 billion figure it reported at the end of 2005 (it later explained it was double-counting delivered and received shares). The company, which reports fail data to the stock exchanges but won't release the data to the public, says it has no way of knowing how many transactions settle ex-clearing, meaning outside its walls, in special arrangements from broker to broker. "We don't know the underlying reasons for why trades fail. All we do is process the data and provide the information" to the markets, says a DTCC spokesman. Asked for the percentage of fails (among failures the DTCC tracks) in all stock trades settled, including ex-clearing, he says, "If you don't know the size of the whole market, how can you tell what percentage you have?" Executives at Global Links think they have more like 20 million to 30 million failed trades in their stock, which might suggest ex-clearing trades in their stock are two to three times as great as at the DTCC. "It's something that we're still researching," says Patrick Donahoo, manager of marketing services. The whole saga started in February 2005, when Global Links, then trading at 10 cents a share, initiated a 1-for-350 reverse share split, reducing its common stock outstanding from 350 million shares to about 1.1 million and narrowing substantially the number of shares available to be borrowed. After the reverse split, a Michigan businessman named Robert Simpson filed a notice with the SEC saying he had acquired 100% of Global Links' outstanding common stock. Donahoo says there is no evidence that Simpson ever got his shares, even though he filed papers with the SEC documenting the purchase. Attempts to reach Simpson were unsuccessful. According to the SEC data, the fails in Global Links stock dropped to just under 10 million a day after two days and gradually tapered off, but were still a lofty 5.97 million at the end of December 2005. A month after the reverse split, the company issued another 2.9 million shares previously authorized by the board, and those shares may have alleviated some of the fails. Shares of Global Links, which trade over the counter, rose 2.22% Friday, but were still a half-penny each. Some 270,000 shares traded. "We're still operating, and our doors are open for business," Donahoo said. "But it's definitely taken our focus off what we're doing here." cmkxunitedforum.proboards70.com/index.cgi?board=general&action=display&thread=1156633359 Prudential to Settle Rapid Trade Dispute Topic: Prudential to Settle Rapid Trade Dispute for 600MM (Read 306 times) "All that evil needs to triumph is for good men to do nothing." - Edmund Burke cmkxunitedforum.proboards70.com/index.cgi?board=general&action=display&thread=1156633359 CMKM Diamonds Provides Corporate Update biz.yahoo.com/bw/060828/20060828005616.html?.v=1 Press Release Source: CMKM Diamonds Inc. CMKM Diamonds Provides Corporate Update Monday August 28, 12:40 pm ET LAS VEGAS--(BUSINESS WIRE)--Aug. 28, 2006--CMKM Diamonds Inc. wishes to update its loyal and patient shareholder base on current actions of the company and plans for the future. "I wish to personally thank our shareholders for enduring this extremely long quiet period that has had to take place in order for our Company to comply with regulatory issues and make plans for the company to continue moving forward," stated Urban Casavant. ADVERTISEMENT It should be noted that Mr. Casavant has been suffering from serious health related issues and is no longer able to carry on the day to day related activities of the company. Mr. Casavant plans to remain as a Director of the Company and intends to announce new management within the next two weeks. Along with this announcement, new management will be instructed to re-establish an office within the next 30-45 days. On June 6, 2006, the Task Force was officially dissolved with a recommendation to the Company to interplead the 45 million share Entourage certificate in United States District Court in an effort to complete the identifying process of the bona fide shareholders and distribute the shares thereafter. The Task Force was created as an independent third party to give an unbiased opinion as to who the bona fide stockholders of CMKM are. Mr. Casavant added, "I would also like to personally thank the Task Force for all of their hard work. Mr. Maheu, Mr. Stoecklein and Mr. Frizzell have done an exceptional job and the company thanks them for their commitment to accuracy in reporting, due diligence and their firm resolve and pursuit of what has always been the best interests of the shareholders of the Company." Recently-retained legal counsel for CMKM, John T. Moran III of the Law Offices of Moran & Associates, a law firm whose residence is situated in the Great State of Nevada, will now proceed via the federal court system and, specifically, initiation of action in interpleader and for purpose of accounting and earmarking certificates to those shareholders presenting viable equity in the Company. As part of the Task Force's recommendation, the federal courts have subpoena power which, if deemed appropriate, could ultimately be used to gain cooperation from brokers that have allegedly-refused to comply with the Company and Task Force's efforts to date. This interpleader action must take place so that the Company can move forward. The Company intends on communicating all related information deemed material to the shareholders in a timely manner and anticipates a busy schedule related to the matters contained in this press release. The Company wishes to communicate to its shareholders that the message boards are not the place to find official news from the Company. The Company will only disseminate information to its shareholders through the use of an official press release. Safe Harbor Statement: This news release contains certain "forward-looking statements" within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that actual results will meet or exceed such expectations. Contact: CMKM Diamonds Inc., Las Vegas Investor Relations, 702-966-6328 -------------------------------------------------------------------------------- Source: CMKM Diamonds Inc. ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=359294 By: stormgrey43 28 Aug 2006, 11:10 PM EDT Msg. 359294 of 361596 Jump to msg. # Everything and everyone is in place. All regulatory requirements have been satisfied. All Bonafide shareholders identified. All Short entities have been identified. Company said it MUST interplead to move forward = Brokerage firm holdouts are screwed beyond belief and will be forced to issue each and every share sold. There are still shares available, no?
Hmmmmmmmmmmm? New management must certainly be in place for their announcement is a mere 2 weeks or less away. Nobody, and I mean NOBODY would assume the helm of a company w/o first doing their own Due Diligence. Especially after reading the Lee Webb, Carol Remond, and a host of other biased and slanted articles insinuating CMKX is a scam. Strange, no? Hmmmmm? Wonder what the new management saw that made them want to move forward with CMKX? Couldn't possibly be just shares of ETGMF, especially since after distributing them there'd be nothing left to move forward with.....or? Hmmmmm? Company thanked it's loyal and patient shareholders "for enduring this extremely long quiet period that has had to take place in order for our Company to comply with regulatory issues and make plans for the company to continue moving forward," Last time I checked, CMKX was revoked and considered a private company in good standing with the State of Nevada, where it is registered. The only "regulatory issues" I can think of would be in relation to the Securities and Exchange Commission - for which CMKX has no obligation to satisfy or comply with, or.....? Hmmmmm? "As part of the Task Force's recommendation, the federal courts have subpoena power which, if deemed appropriate, could ultimately be used to gain cooperation from brokers that have allegedly-refused to comply with the Company and Task Force's efforts to date. This interpleader action must take place so that the Company can move forward." Okay, so the Task Force is still trying to get the brokerage firms to send the shareholders they sold counterfeit shares to, their certs. This is HUGE. Not only does that indicate that the company is fighting on behalf of each of us BUT also forces the offending brokerage houses to admit they haven't the shares necessary to fulfill these requests. In other words, somebody committed fraud, and now must own up to it.... "The Company intends on communicating all related information deemed material to the shareholders in a timely manner and anticipates a busy schedule related to the matters contained in this press release." This is a funny one..... Since when has ANY company ever felt obligated to inform shareholders that they anticipate a busy schedule related to matter contained in a press release? Sounds more like a reiteration on a promise Mr. Maheu made sometime back to keep the shareholders informed, but due to "regulatory" reasons, could not. It also gives me the feeling that the company is saying "Hold onto your hats, here it comes!" I like it. Now, all things considered - Would you rather be in the game, or just watching it from the sidelines?? IMO, this is truly going to prove to be the "Stock of a Lifetime". I congratulate all those who have persevered! Storm cmkxunitedforum.proboards70.com/index.cgi?board=general&action=display&thread=1156919681 Topic: By: bhollenegg. Excellent CMKX post. (Read 731 times) smegadild Diamond Purchase Agent L1 member is offline Joined: Mar 2006 Posts: 2,157 By: bhollenegg. Excellent CMKX post. « Thread Started on Yesterday at 2:34am » -------------------------------------------------------------------------------- By: bhollenegg 29 Aug 2006, 04:56 PM EDT Msg. 5167 of 5195 Jump to msg. # Congratulations CMKX Shareholders and welcome back CMKX. The PR confirms CMKX is a viable company. Most importantly, the PR confirms the future looks promising. I am looking forward to the exciting future for CMKX and for the CMKX Shareholders. Thank you to all who have contributed constructively information to the shareholders during these trying times. Additionally, I appreciate those who have provided information from their sources and DD. Every bit of information helps. Some of the many contributors are/were RODDY56, ELO54, JAY ADOBE, MAVERICK1166, DDPRO, JCCLINE, TIGERPAWS, WODAN, FLEUGAL, XXDIAMONDCHILDXX, ABADGOODGIRL, RAVENPEACHES, GRANNY, ACCA, PLHXGOLD, IVORY, MELVIN, and the list goes on… Some received a lot of grief for being the messengers. There are very few individuals know all the facts as this unfolds. Information is obscure because of the importance and complexity of what is at stake. What is at stake, and what Mr. Urban Casavant, Mr. Maheu, Mr. Roger Glenn, Mr. Donald Stocklein, and the Team have accomplished is definitely a monumental task. The task necessitates addressing the possible areas of company ownership, NSS and compensation, mineral claims, royalties, dividends, and profit sharing. Keep in mind, as of the revocation date, shareholders are in a limited partnership. Legally, any compensation, cash payments, ETGMF dividends, settlements, assets, belongs to all of the bona fide shareholders. Also, consider all the possibilities of the company's future; mineral claims, the threat of NSS gone, the financial appeal in place for JV mining companies to unite under a single umbrella for protection and sharing of technologies, equipment, experiences, overall costs, discoveries.... the lists goes on. This is definitely a catalyst to lure major companies for a lucrative buyout or partnership, thus resulting in additional funds for the shareholders. The process is complicated and time-consuming, involves top lawyers, range of officials, diverse personalities, and several companies. It is paramount the results of this situation are handled in a discrete manner due to the consequences it could have on the confidence level of the investment community Worldwide and the consequences it could have on the economy of the United States. Every decision, every detail, every possible avenue must be explored to ensure a copasetic and just outcome. To all shareholders: stay united, stay firm, and most of all stay positive in health and wealth. Pay it Forward. Thank you all and thank you CMKX. Take care, BHollenegg Link to Post - Back to Top Logged kahuna6632 Kimberlite Rookie member is offline Joined: May 2006 Posts: 24 Re: By: bhollenegg. Excellent CMKX post. « Reply #1 on Yesterday at 7:23am » -------------------------------------------------------------------------------- Thanks for the summary to date post... Link to Post - Back to Top Logged JustJanet TDEM Flyover Pilot Level 5 member is offline Still dancin' the happy dance Joined: Feb 2006 Gender: Female Posts: 1,875 Location: California Re: By: bhollenegg. Excellent CMKX post. « Reply #2 on Yesterday at 11:29am » -------------------------------------------------------------------------------- Is he the new IR guy? A hole in an egg? JustJanet Link to Post - Back to Top Logged -------------------------------------------------------------------------------- smegadild Diamond Purchase Agent L1 member is offline Joined: Mar 2006 Posts: 2,157 Re: By: bhollenegg. Excellent CMKX post. « Reply #3 on Yesterday at 9:12pm » -------------------------------------------------------------------------------- dunno but i'm pretty sure it's wrong for me to be turned on by your avitar... Yesterday at 11:29am, JustJanet wrote:Is he the new IR guy? A hole in an egg? JustJanet Link to Post - Back to Top Logged workaholic TDEM Flyover Pilot Level 3 member is offline Joined: Dec 2005 Gender: Male Posts: 1,498 Location: Cajun' Country...Louisiana Re: By: bhollenegg. Excellent CMKX post. « Reply #4 on Yesterday at 9:17pm » -------------------------------------------------------------------------------- Yesterday at 9:12pm, smegadild wrote:dunno but i'm pretty sure it's wrong for me to be turned on by your avitar... Yesterday at 11:29am, JustJanet wrote:Is he the new IR guy? A hole in an egg? JustJanet Whew...I thought it was just me that was getting veklempt.. Link to Post - Back to Top Logged -------------------------------------------------------------------------------- My wife thinks I look like George Clooney! kranker Administrator member is offline "All that evil needs to triumph is for good men to do nothing." - Edmund Burke Joined: Nov 2005 Posts: 12,360 Re: By: bhollenegg. Excellent CMKX post. « Reply #5 on Yesterday at 9:19pm » -------------------------------------------------------------------------------- Yesterday at 9:12pm, smegadild wrote:dunno but i'm pretty sure it's wrong for me to be turned on by your avitar... www.chron.com/disp/story.mpl/ap/fn/4163886.html Sept. 5, 2006, 10:48AM Morgan Stanley Fined $2.9 Million © 2006 The Associated Press WASHINGTON — The NASD, a private-sector provider of financial regulatory services, said Tuesday it fined Morgan Stanley $2.9 million for "extensive violations" dealing with reporting obligations, short sales and a slew of other NASD, Securities and Exchange Commission and other rules. The investment firm's violations date back to 1999, the National Association of Securities Dealers, said, adding that both Morgan Stanley & Co. and Morgan Stanley DW Inc. will provide it with corrective actions to ensure regulatory compliance. Click to learn more... Morgan Stanley "undertook independent, internal reviews to determine the causes and extent of their trade reporting problems, provided their findings to NASD, and were otherwise highly cooperative with NASD's investigation," said Tom Gira, NASD executive vice president, in a statement. NASD said Morgan Stanley did not admit or deny wrongdoing, but agreed to the entry of NASD's findings. Morgan Stanley's shares rose 27 cents to $67.10 in morning trading on the New York Stock Exchange. www.businessweek.com/magazine/content/06_15/b3979084.htm APRIL 10, 2006 The Secret Lives Of Short-Sellers Biotech's Boon Or Bane? FINANCE The Secret Lives Of Short-Sellers The rise of hedge funds and indie research raises new questions about a shadowy world Sitting in a conference room in a Manhattan office, the researcher explains how he digs up financial information, often of the d**ning variety, for hedge funds and other big investors. His clients need the intelligence because they frequently sell short, meaning they bet on shares falling. "Look at the Web as a giant fish pond," he says, on the condition that he not be quoted by name. "We try to develop bait that will hook someone who knows more than anyone else." On another day, not far away, a private investigator hired by the other side can't resist a little boast, which, of course, is not to be attributed to him. He has been employed by several companies to help prove that a group of short-selling hedge funds are fraudulently collaborating with analysts and journalists to push down stocks. He claims he has planted moles at funds and sent phony book authors to interview unsuspecting targets. "It's amazing how people just open up," he says with a grin. SPY VS. SPY Once again, the War of the Short-Sellers is surging. This time there are new twists to both public hostilities and shadowy spy-vs.-spy activity. Helping to drive the controversy is the proliferation of a breed of independent researcher prone to greater skepticism than traditional Wall Street analysts. The growing influence of these little-known characters is a by-product of the Enron-era corporate scandals, as well as New York Attorney General Eliot Spitzer's campaign against the overly rosy analysis produced by many Wall Street firms. Businesses targeted by shorts are fighting back more aggressively with undercover investigations and lawsuits. Biovail Corp. (BVF ), a Canadian drug company, and online retailer Overstock.com Inc. (OSTK ) claim that hedge funds run by two of the most powerful traders on Wall Street, Steven A. Cohen and David Rocker, have engaged in fraud to drive down share prices. (Those allegations have been vociferously denied.) Public relations campaigns related to the suits have drawn intense media interest, with CBS's 60 Minutes featuring a sympathetic segment on Biovail. The Securities & Exchange Commission, meanwhile, is investigating allegations about abusive short-selling concerning the two companies, as well as potential underlying problems at both. Criticism of short-sellers is as old as stock trading. The technique involves selling borrowed shares in hopes that prices fall so the shares can be bought back more cheaply before being returned. Some aggrieved executives accuse shorts of crushing shares with whisper campaigns. But shorts often expose hidden corporate weaknesses and have sounded early alarms about Enron, Tyco (TYC ), Krispy Kreme (KKD ), and many other debacles. Pending suits by Biovail and Overstock allege a wider conspiracy than has been claimed in the past. One reason these complaints have resonated loudly is growing unease over the number and clout of hedge funds, the secretive, lightly regulated investment pools that frequently sell short. Since 2000 the number of funds has soared from 3,873 to 8,661, according to Hedge Fund Research Inc., while assets have more than doubled, to $1.1 trillion. "The perception is they're a bunch of cowboys, willing to do whatever it takes to get their returns," says Richard Leggett, CEO and president of the Center for Financial Research & Analysis, a forensic accounting firm whose clients include hedge funds, mutual funds, and regulators. Short-selling has become much more prevalent. Hedge funds dedicated strictly to the technique, such as those run by famed short-seller James S. Chanos of Kynikos Associates LP, had $603 million in assets in 2001, according to HFR; by 2005, assets in all short-only funds had grown to $3.3 billion. Many of the thousands of hedge funds that primarily focus on "long" investing, betting that shares will rise, also short at times. Short sales on NASDAQ hit a record high of 6.2 billion shares for the month ending Mar. 15. RABID FOR RESEARCH The growth in hedge funds has fueled a shift in stock research. To keep up returns, and to justify earning the highest fees on Wall Street, hedge funds have turned away from much of the research broadly distributed by investment banks. It's a commodity now. "The hedge funds will pay, but they value research that's not widely read," says Frank A. Fernandez, research director for the Securities Industry Assn., a trade group. That trend has accelerated since Spitzer's 2002 probe of Wall Street research. One of the New York State prosecutor's goals was to jump-start the independent research industry as a counterweight to the management-friendly research big investment banks did. The settlement of the Spitzer probe also ended the practice of analysts being paid to help win banking deals from the companies they covered, leading Wall Street to cut research spending. All that has opened the door to new, high-priced independent competitors. Two specialized categories have benefited the most: "forensic" firms, which look for suspicious accounting, and "direct research" outfits, which arrange confidential interviews with industry sources paid to answer questions posed by hedge funds and other institutional investors. It all adds up to more research highlighting potential problems with company financial statements or operations, and much of it is in the hands of hedge funds that sell short. Traders and analysts sometimes pass along such reports to the media, and that has led to harder-hitting coverage of some companies. Biovail, in its suit filed last month in state court in Essex County, N.J., alleges that Cohen's powerful hedge fund group, the $8 billion SAC Capital Advisors, conspired to create false reports about the company's financial health with independent stock research firm Gradient Analytics Inc. of Scottsdale, Ariz. Biovail alleges that Gradient let the Stamford (Conn.)-based SAC "ghost-write" negative reports, which Gradient sent to other clients and journalists as its own analysis after SAC had sold Biovail shares short. Overstock has filed a similar suit in state court in Marin County, Calif., alleging that Gradient worked with Rocker's fund to push its stock down. SAC dismisses the charges as false and says Biovail's stock fell due to regulatory problems and its repeated failure to meet earnings targets. Gradient co-founder Carr Bettis says its research is based entirely on its analysts' views, and claims that it allowed clients to sell short ahead of reports are "absolutely false." Rocker Partners LP also denies any wrongdoing, calling the allegations "frivolous." Critics of the shorts say recent government investigations of other funds demonstrate that abuses do exist. The SEC has brought a string of enforcement actions against smaller hedge funds that sold stock short in connection with deals known as private investments in public equities, or PIPEs. On Mar. 14, three hedge funds and their portfolio manager, Jeffrey Thorp, agreed to pay $15.8 million to settle fraud and insider-trading charges related to 23 PIPEs deals. Thorp allegedly obtained unregistered shares in the private placements and shorted the stock. He then used the unregistered shares to cover those short positions, a violation of federal securities law. The defendants settled without admitting or denying charges. SEC officials say they are investigating two-dozen hedge fund players involved in such deals. THE SILENCERS Still, defenders of short-selling argue that corporate critics are usually trying to divert attention from their own internal problems. Moreover, they want to silence analysts who publish critical research and discourage journalists from writing about the issues raised. "One of the more disturbing aspects of this is if they don't like what you say, then they'll use shareholder money to sue you for calling attention to their shortcomings," says Chanos, the short-seller who issued early warnings about Enron. John O'Quinn, a plaintiffs' lawyer in Houston who has won multimillion-dollar settlements against manufacturers of cigarettes, breast implants, and diet drugs, is at the center of the escalation of the hostilities. He has coordinated an effort by a consortium of law firms over the past several years to develop cases concerning allegedly manipulative short-selling. Overstock turned to this group to press its suit in California, and Wes Christian, the day-to-day manager of O'Quinn's legal campaign, says his team has helped Biovail with its case. "When we've turned up things related to other companies, we've made sure that information got to them," says Patrick M. Byrne, Overstock's president. In this carefully orchestrated campaign, O'Quinn's group has filed lawsuits related to about nine companies in half a dozen states, Christian says. With other analyst firms and big-name funds targeted, more litigation is in the works. By Jane Sasseen, with Amy Borrus in Washington and Emily Thornton in New Attacked By Illegal Shorters