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Post by sandi66 on Feb 16, 2010 17:55:27 GMT -5
Hodges and Associates - February 16, 2010 « Thread Started Today at 4:45pm » -------------------------------------------------------------------------------- Non-Update Update Fellow Shareholders, Al and I are well aware of the perceived need for an “update” from this office; however there is still nothing salient or juicy or final to share one way or the other, at least at this moment. Al’s position for some time has been that as long as things are fluid and “in process” he would have no formal update to the shareholder base, preferring to hold formal “news” until release of shareholder funds has irrevocably taken place or conversely, until he was convinced it wasn’t going to happen in a timely manner. The “process” continues, nothing is yet “etched in stone” and accordingly, there is no definitive Update. As for the “rumors”, IMO that’s precisely what they are, well-meaning or not as the case may be. I’m continually reminded of the Psychology 1A experiment where one class member is told a story or a set of facts and is asked to pass the info on to a fellow class member who in turn is asked to pass it on etc., and by the time the story gets around the room it is largely indistinguishable from the original. I would again caution everyone not to count their un-hatched chickens. While it indeed may turn out to be the proverbial bet or “stock play of a lifetime” and pay off “shortly”, there is always Murphy’s Law to deal with, not to mention the Law of Unintended Consequence. IMO, the most reasonable posture at the moment is to remain cautiously optimistic, hoping for the best but at the same time getting on with everyday business. Regards, Dennis Smith Hodges and Associates (particleswaves) millionaires.proboards.com/index.cgi?board=main&action=display&thread=29546 |
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Post by sandi66 on Feb 16, 2010 18:32:16 GMT -5
Really like to read that update this way!
the words Hodges put in quotes... “update” “in process” “news” “process” “etched in stone” “rumors” “stock play of a lifetime” “shortly”.
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Post by sandi66 on Feb 20, 2010 11:02:40 GMT -5
Re: The Track Record « Reply #92 Today at 12:57am » -------------------------------------------------------------------------------- The 'Change' of Events... BHollenegg was minding his health issues… Attorney Hodges and Dennis Smith are working hard on The USA Front Lines ready for battle if the funds are not released… Gus Jarvis is attacking the problem from the Canadian Front Lines… A couple of the excited plaintiffs, Wyatt and Sheila explained what they understood would happen… BHollenegg contemplated and contemplated whether to post an update… BHollenegg posted what was scheduled... But the powers that be decided to shoot for another date. … Dennis Smith explains in the update why the information was incorrect Psychology 101 “When one person is told something, then they tell another …. then by the information gets.... Dennis last update wasn‘t what Bhollenegg expected to receive… BHollenegg's fate was sealed… BHollenegg prayed for the Shareholders‘ and asked to be forgiven… BHollenegg is back to minding his own health issues… Shareholders, you are in good hands… by bhollenegg millionaires.proboards.com/index.cgi?action=display&board=main&thread=29605&page=5 |
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Post by sandi66 on Feb 26, 2010 6:09:19 GMT -5
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Post by sandi66 on Feb 26, 2010 19:25:59 GMT -5
Hodges and Associates Update « Thread Started Today at 7:23pm » -------------------------------------------------------------------------------- Good evening to all CMKX shareholders. As most of you know my name is Al Hodges; I filed the Bivens lawsuit against past and present SEC Commissioners. I recommend that you read the legal allegations carefully; they will explain what has happened with your investment up through 2009. The only exception to that is for certain items which are prefaced with the words “information and belief;” in that case, the allegations describe what we believe happened. You were all advised about one month ago of the status of my efforts on behalf of all the shareholders. At that time I advised that I would have a further update when a receipt for Economic Release had been received, or in the alternative I became convinced that such receipt would not be forthcoming in the very near future. I also opined, based on information being provided to me, that I believed such receipt was imminent. Neither has occurred as of this afternoon @ 3:00 PM PST. In the intervening weeks, I have requested my associate and very good friend, Dennis Smith, to periodically provide some communication to you so that you were aware of our continuing efforts. He has done so as often as possible and each update has been personally approved by me. We have had multiple reasons over the past few weeks to believe funds were to be released sooner rather than later; on each such occasion I have so advised my direct clients as is my custom and practice in such matters. On occasion, what began as a projected schedule of completion became something quite different when repeated several times over. To the extent that such communication was faulty and engendered confusion and/or false hope among you, the fault is entirely mine; please accept my heartfelt apology. We were optimistic for early resolution; I remain so. Unfortunately, what is early for one is late for another. When we speak of ‘early’ resolution and ‘imminent’ conclusion, we are speaking within the context of the legal profession and of lawsuits in general which, as many of you know, frequently stretch into years. The last thing we intended or wanted is to contribute to shareholder angst and/or emotional ups and downs. We are well aware of both the financial and emotional plight many shareholders are laboring under. As some of you well know, you do not labor alone in such condition. As Tramp and many others have suggested, this effort is not about CMKX alone. Receipt of the Economic Release will impact, one way or another, the entire financial structure of US and international activities. Once you can accept the truth of that statement, I’m sure that you can understand that it is a highly technical, complex and multi-faceted undertaking. CMKX has a role to play and we are doing our very best to assist in its successful conclusion. Many of you have asked what they can do to help further “the cause.” A media blitz may become necessary but would serve no real purpose at the moment. In the meantime should anyone feel they want to do something immediately, simply send a brief note and a copy of the complaint to every mainstream news outlet you can think of; in our view more exposure is likely to lead to additional leverage. Leverage is beneficial to hastening receipt of Economic Release; it is not required and will have no real impact on the litigation. The lawsuit has and is being served on the defendants. As many of you are aware, the SEC’s General Counsel has agreed to accept service on behalf of the five current Commissioners. In the event that this matter has not concluded after all parties have responded in Court, we will initiate our discovery. I will do as I said I would do; i.e. you will receive an update from me at such time as we have a receipt for Economic Release or I have reached the conclusion that it is not forthcoming in the very near future. In the meanwhile, please try to understand how very difficult and uncertain this particular time is. I and my associates are working very hard to accomplish what some have asked us to do on behalf of all CMKX shareholders. A. Clifton Hodges Hodges and Associates millionaires.proboards.com/index.cgi?board=main&action=display&thread=29770ty madaron |
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Post by sandi66 on Mar 2, 2010 8:52:41 GMT -5
Investing 101 - The Mogambo Guru « Thread Started Today at 6:20am » -------------------------------------------------------------------------------- Investing 101 By The Mogambo Guru I was leisurely looking out of the periscope of the Mogambo Bunker Of Paranoid Fear (MBOPF), using it not as an aiming device with which to direct a devastating firepower at enemies both real and/or imagined, but to look in pity at the faces of all the people passing by, and muttering disrespectful things to myself about each one, like, "Enjoy that new car, fatso! You are doomed because of the inflation in prices that will follow the Fed's irresponsible creation of excess money and credit, and soon food will be so expensive that you will grow thin enough to look good driving such a nice car, assuming that you can still afford to drive a car!" and, "With that hat on, you look as stupid as you act, which is pretty stupid when you look at the morons you stupidly elect to congress, but I can tell by looking at you that you are not buying gold, silver and oil when your own government is acting so desperately bizarre and allowing the Federal Reserve to create so much money and credit, because if you were, you would have a hunched-over, paranoid look haunting your face as you feverishly stumble along, shadow to shadow, under the weight of the guns you are carrying under your coat and in your purse!" I soon run out of scornful things to say about perfect strangers because all of them are deserving of contempt for being so stupid that they are not buying gold, silver and oil to protect themselves from the ruinous inflation in prices that the ruinous inflation in the money supply is going to cause. In fact, ruinous, terrifying inflation is, as I term it in my latest bid to have a Mogambo Created Word Or Phrase (MCWOP) enter the popular lexicon, "One Hundred Percent Guaranteed (OHPG)" to happen, which I fearlessly predict not because I am the All-Powerful Mogambo (APM), although I am, or that OHPG rolls off the tongue to become instantly memorable, because it does not, but because that's the way it has always, always, always happened in history when some stupid country decided, "Hey! With a fiat currency, infinite expansion via zero bank reserves to pay for increased government deficit-spending, let's party, dudes!" I bring this up because I recently helped my nephew write an essay about "What I did over my Christmas/Hanukkah/ Kwanzaa/Festivus holiday." I actually ended up writing most of it because he kept wanting to write about some stupid pony that he helped nurse back to health, eventually transfusing his own blood into the pony, and then the grateful pony later saved his life, or something just as stupid and boring. Anyway, after helping him, the essay ended up as, "My uncle and I spent a lot of time in a nice, wholesome bar out near the railroad tracks that is perfect for having kids spend quality time, and every day we drank interesting new things and ate nutritious peanuts out of a bowl while we watched the business channel on TV to see the end of the economic world rolling around, and my terrific uncle, whom I love so much because he is so nice and so handsome and so smart, showed me the weird things that all the people are doing as the monetary party, which is pronounced 'par-tay', is winding down since, as I understand it, it got started in 1971 when Nixon severed the dollar/gold link, and especially since 1987 when Alan Greenspan took over the Federal Reserve, and doubly-especially since 1997 when this same moron named Alan Greenspan lost his freaking mind and really started creating excess credit in the banks, and triply especially since 2008 when that raving lunatic bastard, Ben Bernanke, took over at the d**ned Federal Reserve and really, really, really started to create money by the trillions of dollars, using some of it to actually buy up worthless, dog-crap assets and the rest to buy government bonds so that the commie rats in the White House and congress could continue to deficit-spend us into bankruptcy, a budget deficit which now approaches 12% of GDP, but which they had to do since they could not stop partying once they got started, or the whole rotten financial structure, made out of cards, erected on a bed of sand, on borrowed money, at huge degrees of leverage, collapses, the currency collapses, finally ending up with bread going up in price so much that nobody can afford to eat, and everybody tragically starves to death in a huge, horrible inflation in prices caused by the incredible inflation in the money supply, except the people who have gold, silver and oil. The end." Well, he did not get an "A" on his essay, and I called his teacher to ask why. I figured she was probably just another government goon, maybe getting her twisted jollies by harassing the nephew of The Great Mogambo (TGM), or maybe she is some kind of mutant idiot, or both, as is, I figure, usually the case. Well, she was pretty feisty, and she was pretty insistent that it was obvious to her that a 3rd-grade kid did not write it, and, to go on, it was equally as obvious to her that I was the one who actually wrote it, and that I am an obnoxious, rude man who calls her on the phone because he is too much of a gutless coward to come down there and face her, whereupon I said to myself, "Wow! She's good!" I immediately figured that if she was so smart, she had bought a lot of gold, silver and oil to protect herself against the horrifying certainty of ruinous consumer price inflation as a result of the Federal Reserve creating too, too, too much money and credit so that a runaway spendthrift congress can deficit-spend upwards of 2% of GDP. But when I asked her, she said, "No". Soon she will learn, to her horror, that she should have given the essay an "A" and heeded its advice, but because she did not, I will have my revenge! Whee! This investing stuff is easy! Richard Daughty is general partner and COO for Smith Consultant Group, serving the financial and medical communities, and the editor of The Mogambo Guru economic newsletter - an avocational exercise to heap disrespect on those who desperately deserve it. tramp2.proboards.com/index.cgi?action=display&board=general&thread=11701&page=1ty lulu |
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Post by sandi66 on Mar 2, 2010 14:52:39 GMT -5
March 2, 2010 The reply to a simple question from Dennis « Thread Started Today at 11:53am » -------------------------------------------------------------------------------- I believe that any communication from Dennis (or Mr. Hodges) should not be privy to one or a small group. I PMd Dennis with question, and he was nice enough to reply. Here, in context, is his reply to a simple question: « Message sent Today at 8:48am » I see you're still online. If I could just ask you: In your heart and mind, do you absolutely believe this incredible payout being described and talked about is going to happen for the CMKX shareholders? One word either way will put my mind at rest. Thanks john3339 ________________________________________________ particleswaves DIAMOND JEDI *** online Re: Just a simple question if I may « Message sent Today at 10:08am » Hi John, Like many, I have been following this unbelievable saga for what seems like freaking forever (since early 2004), long before my friend and employer Al Hodges ever heard of CMKX. In fact I am the one that first made Al aware of the stock shortly after IBM and Roger the Dodger came aboard. The combination of claims surrounding DeBeers and the weird phenomenon called “naked shorting” proved irresistible; it still is. I’ve always felt in my gut we would eventually ‘get paid’ and still feel that way today. The operative word is of course ‘eventually’ which could be a day to an eternity. If I knew for sure exactly when I’d be God and I were God I wouldn’t give a crap, I’d be on Maui. I, like others, have trouble getting my head and heart (and arms) around the phantasmagoric “numbers” we hear but, on the other hand, the numbers seem to add up. In our lifetimes we have seen a “lot of money” once defined as a hundred bucks, then a thousand, then a million, then a billion, then a trillion, and next people will be talking in quads. So, on balance maybe permit yourself a wry smile with the knowledge that we’re in the game for extremely high stakes but temper that smile with the knowledge that we still have Murphy’s Law and the business about Unintended Consequence to deal with, not to mention some nasty and duplicitous characters who fervently wish we would just go away. The bad news is we appear to be dealing with a many-headed hydra; the good news is we are not without our swords together with the will and ability to wield them. Not sure if any of this helps but, since you asked, those are my thoughts on a Tuesday morning in March. Regards, Dennis ----------------------------------------------------------------------------------- Re: Just a simple question if I may « Message sent Today at 11:03am » Thank you for the reply. I guess you could say I'm on the same page with your second paragraph. When CMKX was first revoked, I wrote how if it ever went to court, we'd better have it mentioned in our wills. Needless to say, mine are. You gave me an Un-answer! At first blush, it was a bit frustrating. But now, having re-read it a few times, I have come to realize that like the "Un-cola" it's refreshing and still quenches the thirst. Realizing who you are, and the knowledges you have concerning our situation, your optimism is refreshing. Certainly, your reply would be analyzed beyond recognition, but never the less, may I have your permission to post it on the board? Any communication from you or Mr. Hodges should not be held for just one person. I'll await permission before posting though. Again, thanks for your timely reply. Thanks a lot! We are in exciting times, eh? john _______________________________________________ Re: Just a simple question if I may « Message sent Today at 11:25am » John, I guess it's Ok to post (and thanks very much for first asking) but I'd appreciate it if you would include your original pm question to me so everyone will know exactly what I was responding to. Thanks, Dennis millionaires.proboards.com/index.cgi?board=main&action=display&thread=29893 |
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Post by sandi66 on Mar 4, 2010 16:56:31 GMT -5
March 4, 2010 OT Mogambo - Get Some While You Can « Thread Started Today at 12:52pm » -------------------------------------------------------------------------------- Gold and Silver Supply: Get Some While You Can By The Mogambo Guru 03/03/10 Tampa Bay, Florida – Adrian Douglas of MarketForceAnalysis.com took a look at a summary of the goings-on at the Comex, and says, “the data reveals a very shocking trend. That is that the registered (dealer) inventory is being drawn down at a phenomenal rate. In silver the inventory has dropped by 24% in 6 months while in gold it has dropped an eye-popping 41% in 6 months!” Already my eyes are glazing over at the sudden overload of information, most of which I know nothing about, but know that I should, and feel uneasy that I don’t, and guilty that I don’t even want to because it involves work and initiative, or, in this case, listening to the equivalent of, “blah blah blah silver and gold are going to go to the moon not only because the Fabulous Mogambo has thus foretold it, and the Austrian school of economics has explained it, but that blah blah blah at the Comex warehouses” and then I end up getting most of it wrong anyway and I look like an idiot. So, already reeling in confusion, I was thus rendered almost comatose when he relentlessly went on, “The withdrawal to deposit ratio for registered silver is 14:1 and in gold it is 5:1” and which, again, is meaningless to me because I am, as I already admitted, ignorant and lazy, which is a crushing handicap, now that we are talking about it, that should enable you to qualify for a Handicapped Parking sticker for your d**ned car so that you can get some of those terrific Handicapped-Only parking spots, right up front, wherever you go, but the application for which can be rejected by a snotty clerk, out of hand, on her personal say-so, although she volunteered that my “abrasive, demanding, incoherent and repellent personality is a real handicap, too, but there is no sticker for that, either.” As I fell asleep, eager to again escape reality and responsibility, I began dreaming of some snappy comebacks I could have said to the Handicapped Sticker lady, like, “Well, I assume that there is a Handicapped Sticker for anyone who is mentally handicapped, and I can tell by looking at your stupid Department of Motor Vehicles face that you are not buying gold, silver and oil to protect yourself against the government’s massive deficit-spending and the Federal Reserve’s creation of all the new money and credit that will be necessary to soak it up, which is really stupid of you! Hahahaha!” I really like it when the dream gets to the stage where some hot young honeys make their appearance, stage left or stage right, it makes no difference to me, but we never got there because apparently the sound of my snoring made Mr. Douglas aware that he is talking “over the head” of the biggest dullard in the crowd, which violates the politically-correct stance on “inclusion” and “diversity” of persons such as me. So, quickly remedying the situation, he explains that this means that “If this rate of drawdown continues, the registered inventory of silver will be exhausted in 18.8 months and in just 8.5 months for gold!” And before there is any mistake made by the casual reader, that concluding exclamation point in the previous sentence was his, not mine, although it was totally unnecessary, as I was already freaked out at the implications! Thus, I was ready to race home and frantically root around in my wife’s purse for some extra money, so that I could buy some more gold and silver, when I was transfixed to the spot when he went on that he estimates, “as much as 50,000 tonnes of gold has been sold that does not exist. That is equivalent to all the gold reserves in the world that are yet to be mined, or put another way, 25 years of gold production.” I was ready to edit his remarks to put an exclamation point at the end, as it certainly deserves one, but before I could do it, he followed up with, “That is the grand-daddy of all short positions!”, which had an exclamation point, and so I let it go at that, and saved myself a lot of work that will – I guarantee! – show up in the narrative section of my Productivity Report, which is coming due pretty soon, and which is always pretty disagreeable. But I will get through this new assault by “higher-ups in the executive food chain” with Classic Mogambo Equanimity (CME), as I always do, and I would probably have gone completely Mogambo Freaking Nuts (MFN) a hundred times before this if I hadn’t always remembered, sometimes at the last minute, that I own gold, silver and oil, whereas these gold-less, silver-less and oil-less bozos are questioning my ability (“I think you are too stupid!”), my competence (“You seem to have no idea what you are doing!”) or my sanity (“I think you are insane!”), while never even mentioning my numerous off-setting good qualities, such as my twinkling blue eyes or the fact that none of my employees or former customers have a Restraining Order on me that is still in force. If you are even half as smart as I think you are, then you get the obvious message, which is to buy gold, silver and oil. Some of you, on the other hand, also got the more subtle message that a long list of miscellaneous people are all going to be very, very upset and angry at the horrifying inflation in prices that is inescapably coming, due to this massive expansion of the money supply by the Federal Reserve to pay for the unbelievable tons of money Congress is deficit-spending, and you had better take your gold, silver and oil into a bunker of some sort and arm yourself to the teeth because it is going to get Very, Very Ugly (VVU), and you will want the options of buying your way out or shooting your way out. On the other hand, if you do not buy gold, silver and oil, then, as they say, “the angels will weep for you.” I, personally, will laugh at you. It will sound sort of like this: “Hahahaha! Moron!” The Mogambo Guru for The Daily Reckoning The Mogambo Guru Richard Daughty (Mogambo Guru) is general partner and COO for Smith Consultant Group, serving the financial and medical communities, and the writer/publisher of the Mogambo Guru economic newsletter, an avocational exercise to better heap disrespect on those who desperately deserve it. The Mogambo Guru is quoted frequently in Barron’s, The Daily Reckoning , and other fine publications. millionaires.proboards.com/index.cgi?action=display&board=main&thread=29932&page=1#396959------------------------------------------- Re: OT Mogambo - Get Some While You Can « Reply #5 Today at 4:38pm » -------------------------------------------------------------------------------- Today at 2:26pm, Brigantine wrote:Dennis has often posted the Mogambu guru in the past. Mogambu Guru is always a good read. Don't read anything more into it than the sharing of a good read. When it is time, we will be informed. Thanks Brig; always the voice of reason. When posting, given what has turned out to be my dual role here, I should probably try to be more mindful about separating particular office news from the general stuff I've always posted(like Mogambo's articles and other rants about the not-so-federal Federal Reserve). I would imagine not everyone knows (or cares about) my posting history before Hodges and Associates became "involved" and therefore might be prone to look for more than meets the eye. When it is "time", the message will be unmistakable and no one will be constrained to look for hidden clues or meanings. millionaires.proboards.com/index.cgi?action=display&board=main&thread=29932&page=1#397053 |
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Post by sandi66 on Mar 5, 2010 15:22:43 GMT -5
Re: OT Mogambo - Get Some While You Can « Reply #15 Yesterday at 8:57pm » -------------------------------------------------------------------------------- Yesterday at 5:29pm, fiddlehead39 wrote:Particle,, IYo,,would it be better own gold,silver, Oil,,,,etc physically or by conglomerate??? The two good things about advice are number one it’s free, and number two you don’t have to take it. So with that understanding and with or without cashing in on CMKX, in my view buy and take physical delivery of gold and silver with maybe 30 – 40% of assets, and put the rest in a combination of other hard “stuff” and real estate including property suitable for a retreat. Convert paper and electronic assets into something tangible; don’t trust the parasites in pinstripes running the Federal Reserve and Wall Street. The former gives us fiat make-believe monopoly money and the latter gives us (only slightly more sophisticated) electronic counterfeits. millionaires.proboards.com/index.cgi?action=display&board=main&thread=29932&page=1#397158 |
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Post by sandi66 on Mar 19, 2010 9:42:01 GMT -5
posted by Dennis (Particleswaves) on Millionaires: --------------------- Mar 20, 2010 www.atimes.com/atimes/Global_Economy/LC20Dj01.htmlThe great illusion By The Mogambo Guru Bill Bonner here at The Daily Reckoning reports that "Even if America taxed 100% of all household wealth, it would not be enough to put its balance sheet in the black", which I note seems exactly right to me, and I am able to corroborate Mr Bonner’s analysis because it seems to me that I seem to remember that just the federal budget deficit - alone! - would consume all federal income taxes paid by people and businesses! Perhaps Mr Bonner won't need any testimony from me, and people will accept the things that he says as facts because they trust him. But when I say something like that, even with facts aplenty at my very fingertips, they want to argue with me like, for example, just the other day when I was taking a little walk in the morning and I ran across a group of kids waiting for the school bus, which was just pulling up as I got there. So I am telling the kids, "You brats might as well quit school right now because there is no future for you since your own federal government has borrowed and spent this country into the ground, made possible by the loathsome Federal Reserve creating all the wildly excessive amounts of dollars that made it all freaking possible, which became, because it is, an inflation in the money supply, which is what will cause terrifying inflation in prices as all this money is used to bid for a relatively static supply of goods and services so that prices will always be going up and up, all your miserable lives, and at the rate that the idiot Leftist Obama government is deficit-spending money by the trillions of dollars, and the rate at which the foul Federal Reserve is creating new money by the trillions of dollars to finance it, prices will rise so high that this Whole Freaking Country (WFC) is doomed to suffer catastrophic inflation! We're freaking doomed!" So, instead of everyone just accepting what I said, like they do Mr Bonner, and maybe patting me on the back and saying something cheery like, "Masterfully said, Brilliant Mogambo Maven (BMM)! Thank you for the good education in bad economic governance!" the school bus driver is yelling at me to shut up and for the cheering kids to get on the bus and quit listening to "that d*mned crazy man", but the kids are hesitating, and the driver is frantically calling 911 on her cell phone to report me to the police as some kind of deviant weirdo, and the kids are dancing around, chanting, "We're freaking doomed! We're freaking doomed" and the bus driver is yelling, "No, you're not! Now get on the bus, kids!" and pretty soon some parents come up to see what all the fuss is about, and they start arguing with me, too! To the adults who can appreciate adult-level conversation, I say, "If you are not concerned about the destruction of the buying power of the dollar because of the insane trillion-dollar increases in the money supply by the Federal Reserve or the ludicrous Obama deficit-spending trillions of dollars that necessitated it, then you're an idiot!" And then, out of nowhere, they start arguing with me about THAT, too! So you can see the kind of crap I have to put up with all the time around here every time I open my mouth, and I imagine even Mr Bonner would have trouble with these losers, too. Apparently, Mr Bonner has heard my sad, Cassandra-like tale of woe, and has decided not to press his luck in this neighborhood of what appear to be, in a word, idiots, and safely quotes some guys named "Professors Rogoff and Reinhart" who "show that when external debt passes 73% of GDP or 239% of exports, the result is default, hyperinflation, or both." At this point, most of us have stopped reading because we have had our fill - "up to here!" - of egghead professors finding some relationships between the horrendous condition of the US and impending calamity, as that is the continual state of the US today, and indeed the world, in terms of increasing human suffering, a terrible economy, a travesty of a monetary policy and flagrant, bizarre irresponsibility in fiscal policy. And after a full day of reinforcing the Mogambo Bunker Of Desperate Refuge (MBODR) with another layer of aluminum foil just because of the terrors of these kinds of things, I am too tired for more horror, as if I could be more, you know, horrified at this point. I mean, this is nothing new for a real Junior Mogambo Ranger (JMR), who knows that it is the same impending calamity that has impended every other time in human history after these idiotic kinds of expansionary monetary and fiscal insanities are rampant, and now we JMRs have, with heroic stoicism and serenity, moved away from constantly thinking of certain disaster and have started, instead, thinking about lunch. Or weekend plans. Or, if it is the weekend, lunch. Fortunately, I was not too far immersed in plan making (other than I was already sure that it was going to involve bacon in some capacity), and so I was taken aback when these two professors said that International Monetary Fund data "show the US already too far gone on both scores, with external debt at 96% of GDP and 748% of exports." I was hoping that someone would raise his or her hand (especially the adorable Peggy who said she would never, ever even be in the same room with me ever again, and now there she is - in the front row! - which only shows what a deceitful, lying, heart-breaking little tramp she is), and ask why we didn't get "default, hyperinflation or both" when external debt passed 73% of GDP on its way to the current 96%, or after passing the point of 239% of exports growing to today's 748%. That way, I could spring to my feet, noisily interrupting, and state my own version of how it is easily possible that the largest economy on the planet, that for decades consumed the majority of the industrial output of the planet so that, at its zenith, our trade deficit was almost a trillion dollars a freaking year, was able to continue such stupidity by being financed, for a long while, by scared vendors frightened of their biggest customers not buying more stuff, all so that the USA could indulge its gluttony, its imperialism and its most far-fetched socialist dreams by being financed by the very people who made the stuff that we bought, using the money that the Federal Reserve created, that we gave them as a minimum monthly payment for the last batch of stuff that we bought from them on credit! It's recycling, dude! Hahahaha! Of course, this would lead me directly to a long harangue about how "You would have to be an absolute idiot not to buy gold, silver and energy stocks as an iron-clad defense against the aforementioned 'default, hyperinflation, or both', which, in this case, will be 'both' because the whole financial enchilada is a big leveraged bet where every little change is magnified many-fold into losses, losses, losses as far as the eye can see, growing bigger and bigger, and that our only hope is to riot in the streets, overthrow the current regime and install me - The Mogambo! - as Wonderful Emperor Mogambo (WEM), where I will wage a never-ending battle for truth, justice and the American way, which is (now that you asked), the glories of free enterprise coupled with a fixed money supply." Before I could even make a pitch for everyone stocking up on Mogambo Enterprises Riot Gear And Supplies (MERGAS) that they will need in their glorious popular rebellion to oust the government and put The Mogambo on the throne of absolute power, or even give me a lousy minute to hand out some brochures, Mr Bonner, apparently embarrassed to have his presentation hijacked by a megalomaniacal power-hungry lunatic hawking insurrection, shoddy pitchforks and flaming torches, obviously alludes to it and says, "The rioters can go home, in other words. The system will collapse on its own." Well, if it is going to collapse on its own, then, like everyone else, I sigh, and figure, "Why bother?" So, instead, I take the easy way out because the easy way out is The Real Mogambo Way (TRMW), which, in this case, is to just buy gold, silver and oil because with the ugly, inflationary-collapse way that things are going, and which cannot be stopped, it makes you Giggle With Glee (GWG), "Whee! This investing stuff is easy!" cmkxunofficial.proboards.com/inde....ofo&thread=4831 |
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Post by travelbugaz on Apr 27, 2010 19:18:39 GMT -5
Hodges and Associates INTERIM UPDATE « Thread Started Today at 5:13pm » -------------------------------------------------------------------------------- I have previously stated that I would not provide an “update” until we had confirmation of economic receipt or, I became convinced that payment to CMKX shareholders would not be forthcoming in a timely manner. This “Interim Update” is the exception that proves the rule, so to speak. However, it has been a relatively long period [certainly more than I originally anticipated] since I communicated with the shareholders at large, and there is material information to impart. Before providing some information about what has been transpiring and our current status, let me address a few other matters: • I am an attorney and have been retained by seven brave and exceptional shareholders that represent a cross section of the proposed class. • The Bivens action which I have filed not only sets forth the facts as I know them, it seeks to become a class-action on behalf of all shareholders. • At this instant in time however, I literally represent only the seven named plaintiffs; as a result, I am constrained in the types and extent of information which I can provide to putative members of the class. • In the unlikely event that this litigation continues forward, a motion will be filed with the Court requesting that a class be certified. If granted, at that point I will, presumably, be appointed by the Court to continue acting as counsel for the class; thereafter, the Court will be required to approve any and all settlements, and others matters. • The status of the litigation can at all times be monitored on PACER; as a result, we do not respond to inquiries at my office; accordingly, please do not contact us directly for such information. • For everyone’s information, all defendant’s have been served, and an initial scheduling conference, originally set by the Court to be held on April 26, 2010 has been continued by mutual agreement of the parties [with consent of the Court] to July 26, 2010. • The litigation will be aggressively pursued until such time as all CMKX shareholders have been paid. In a similar vein, please understand that we are not involved in any ongoing negotiations with the SEC and/or their representatives with a view to compromising and/or otherwise attempting to resolve claims of the shareholders. We have set forth in the complaint what the shareholders are entitled to receive; compromise is not anything that the shareholders want, desire, or would tolerate or accept. The belief of some that yelling and screaming, loudly and publicly enough, can somehow “force” release of the CMKX moneys, is erroneous and misplaced; it will not. Having said that, I do believe that media exposure is beneficial in the sense that it keeps the pressure on the entire financial community. Inquiring minds want to know: what is our status; what has been going on; what is holding up economic receipt; when will our money be released; and how much money is there? Let me address each of these questions, to the extent I am able, separately: 1. How Much Money – As I have said before, we have persuasive evidence to all of the facts alleged as such in the complaint; accordingly, there is a total of 3.87 Trillon Dollars. 2. When is Release – The CMKX distribution funds will be released within a very short time after there is confirmation of Economic Receipt. What does that mean? It means that currently in process is a massive shift of wealth within the US and the world community; that includes: pay out of all the domestic settlements; institution of the US dollar re-funding project; pay out of world settlements; and, distribution of funds to many other programs. This involves a total of more than $ 42 Trillion. Economic Receipt occurs when all trustees have access to all of the funds they are responsible for. 3. Our Status – We are literally on the thresh-hold. This means that the “work” remaining to be finished will not consume more hours than can be accomplished within one day. We have been at this point now for more than a few weeks. 4. The Delay – Although I could write a book about what’s been going on behind the scenes to cause this additional delay, I’ll try to give you the condensed version: First - Please be aware and understand that there is an economic war raging in the background. Second - The naked corruption that is endemic in D.C. is more than most can comprehend; it is clear that these miscreants have no regard for the US Constitution, Federal Laws and Regulations, nor even any sense of simple morality. They are convinced that they are above any constraint that might apply to lesser mortals and that no enforcement activity will ever successfully address them. I hasten to add that such opinions are not universal; having said that, it is more widespread than not. Third - These miscreants are, in effect, fighting for their lives – at least that part of their lives that establishes an environment in which they can continue to lie, cheat, steal, and mortgage your progeny’s lives, all for their personal gain. Accordingly, they will fight until the doors are all closed by a power that they cannot subvert. That fight continues as I prepare this interim update. Fourth - The good news is, we are winning the battle. The circle within which these bad apples can operate draws inexorably smaller with each attempt to bribe, suborn and otherwise corrupt the system, and the people within it. By way of example, I was advised that over the weekend one State Department person, 10 bankers and 18 Federal Reserve people were arrested and dealt with. Fifth – By what date will we have Economic Receipt, you ask. We will have it when this initial battle phase comes to a successful conclusion. That will be in the very near future in my opinion; the current schedule based on advice I received this afternoon is that it should all be finished, with funds in the Trustee’s hands, by week’s end. I want to extend our heartfelt thanks to those of you who continue to demonstrate support and encouragement for our efforts. We remain very optimistic for the long term. Rest assured that the fight will continue, and we will prevail. tramp2.proboards.com/index.cgi?action=display&board=general&thread=12383&page=1 |
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Post by sandi66 on Apr 28, 2010 20:40:34 GMT -5
From : The Rumor Mill News Reading Room Reader Griff, fwd: "LATEST UPDATE ON CMKX FROM AL HODGES" Posted By: hobie <Send E-Mail> Date: Wednesday, 28-Apr-2010 17:17:37 (Thanks, Griff.  Reader Griff sends us: ===== Hodges and Associates INTERIM UPDATE « Thread Started Today at 7:15pm » --------------- I have previously stated that I would not provide an “update” until we had confirmation of economic receipt or, I became convinced that payment to CMKX shareholders would not be forthcoming in a timely manner. This “Interim Update” is the exception that proves the rule, so to speak. However, it has been a relatively long period [certainly more than I originally anticipated] since I communicated with the shareholders at large, and there is material information to impart. Before providing some information about what has been transpiring and our current status, let me address a few other matters: • I am an attorney and have been retained by seven brave and exceptional shareholders that represent a cross section of the proposed class. • The Bivens action which I have filed not only sets forth the facts as I know them, it seeks to become a class-action on behalf of all shareholders. • At this instant in time however, I literally represent only the seven named plaintiffs; as a result, I am constrained in the types and extent of information which I can provide to putative members of the class. • In the unlikely event that this litigation continues forward, a motion will be filed with the Court requesting that a class be certified. If granted, at that point I will, presumably, be appointed by the Court to continue acting as counsel for the class; thereafter, the Court will be required to approve any and all settlements, and others matters. • The status of the litigation can at all times be monitored on PACER; as a result, we do not respond to inquiries at my office; accordingly, please do not contact us directly for such information. • For everyone’s information, all defendant’s have been served, and an initial scheduling conference, originally set by the Court to be held on April 26, 2010 has been continued by mutual agreement of the parties [with consent of the Court] to July 26, 2010. • The litigation will be aggressively pursued until such time as all CMKX shareholders have been paid. In a similar vein, please understand that we are not involved in any ongoing negotiations with the SEC and/or their representatives with a view to compromising and/or otherwise attempting to resolve claims of the shareholders. We have set forth in the complaint what the shareholders are entitled to receive; compromise is not anything that the shareholders want, desire, or would tolerate or accept. The belief of some that yelling and screaming, loudly and publicly enough, can somehow “force” release of the CMKX moneys, is erroneous and misplaced; it will not. Having said that, I do believe that media exposure is beneficial in the sense that it keeps the pressure on the entire financial community. Inquiring minds want to know: what is our status; what has been going on; what is holding up economic receipt; when will our money be released; and how much money is there? Let me address each of these questions, to the extent I am able, separately: 1. How Much Money – As I have said before, we have persuasive evidence to all of the facts alleged as such in the complaint; accordingly, there is a total of 3.87 Trillon Dollars. 2. When is Release – The CMKX distribution funds will be released within a very short time after there is confirmation of Economic Receipt. What does that mean? It means that currently in process is a massive shift of wealth within the US and the world community; that includes: pay out of all the domestic settlements; institution of the US dollar re-funding project; pay out of world settlements; and, distribution of funds to many other programs. This involves a total of more than $ 42 Trillion. Economic Receipt occurs when all trustees have access to all of the funds they are responsible for. 3. Our Status – We are literally on the thresh-hold. This means that the “work” remaining to be finished will not consume more hours than can be accomplished within one day. We have been at this point now for more than a few weeks. 4. The Delay – Although I could write a book about what’s been going on behind the scenes to cause this additional delay, I’ll try to give you the condensed version: First - Please be aware and understand that there is an economic war raging in the background. Second - The naked corruption that is endemic in D.C. is more than most can comprehend; it is clear that these miscreants have no regard for the US Constitution, Federal Laws and Regulations, nor even any sense of simple morality. They are convinced that they are above any constraint that might apply to lesser mortals and that no enforcement activity will ever successfully address them. I hasten to add that such opinions are not universal; having said that, it is more widespread than not. Third - These miscreants are, in effect, fighting for their lives – at least that part of their lives that establishes an environment in which they can continue to lie, cheat, steal, and mortgage your progeny’s lives, all for their personal gain. Accordingly, they will fight until the doors are all closed by a power that they cannot subvert. That fight continues as I prepare this interim update. Fourth - The good news is, we are winning the battle. The circle within which these bad apples can operate draws inexorably smaller with each attempt to bribe, suborn and otherwise corrupt the system, and the people within it. By way of example, I was advised that over the weekend one State Department person, 10 bankers and 18 Federal Reserve people were arrested and dealt with. Fifth – By what date will we have Economic Receipt, you ask. We will have it when this initial battle phase comes to a successful conclusion. That will be in the very near future in my opinion; the current schedule based on advice I received this afternoon is that it should all be finished, with funds in the Trustee’s hands, by week’s end. I want to extend our heartfelt thanks to those of you who continue to demonstrate support and encouragement for our efforts. We remain very optimistic for the long term. Rest assured that the fight will continue, and we will prevail. Al Hodges ===== www.rumormillnews.com/cgi-bin/forum.cgi?noframes;read=171966 |
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Post by sandi66 on May 20, 2010 17:48:17 GMT -5
Hodges and Associates Update « Thread Started Today at 3:42pm » -------------------------------------------------------------------------------- Hodges and Associates Update We have, as many have speculated, confronted a serious headwind to obtaining Economic Receipt. In my continuing efforts to resolve this matter I have recently communicated directly with the President of the United States. Although it was not my original intention to share this correspondence, it now seems prudent and necessary to do so. The letters are set forth below the next paragraph; they should be self-explanatory. Earlier this afternoon I also sent the following to my associates in London: “I have attached several letters which I have recently had occasion to have delivered to the President of these United States. They are, I believe, self explanatory as to what continues to take place in this land, which continues to frustrate the completion of distribution of the World Global Settlements. These Settlements, of course, includes monies for the US Dollar refunding project as an integral portion. I believe the British Monarch needs to be aware of the exact cause of the continued delay in concluding this matter. It lies squarely in the Whitehouse in Washington, D.C. Your cooperation and assistance is hereby solicited; please ensure that Her Majesty, and other interested Monarchal parties, are advised of the circumstances which pertain. To that end, please feel free to make such use of these letters as may in your sole discretion be required.” I took this action because the British Monarch is as anxious as many Settlement payees to have this matter resolved; accordingly, she is an ally and needs to be kept up to date regarding what’s actually transpiring. TEXT OF LETTERS May 14, 2010 MOST URGENT VIA FACSIMILE ONLY Honorable Barack Obama President of the United States of America Whitehouse Washington, D.C. Dear Mr. President: I write to you this morning because people within your current administration continue to frustrate dissemination of the World Global Settlements; I am advised today that Mr. Leon Panetta participated in this act on May 14, 2010. I represent some 50,000 shareholders who are to be paid a settlement which consists mainly of monies collected from banks, brokerages, hedge fund corps, market makers, the Depository Trust Corporation/Federal Reserve, and various billionaire “naked-shorter” individuals, as well as some monies due from the SEC for damages. These various monies collected have been held far longer than they should have been, and were swept into the World Global Settlements, thereby delaying payment even further. Taxes were paid into the U.S. Treasury due on these “Settlements” on December 30th and 31st; distribution of these settlement funds could not legally be withheld past midnight of February 14th, 2010. The continued holding of these settlement funds results in the violation of more laws such as “banking fraud,” “trust fund violations,” and, in times of war, “International Financial Terrorism.” These charges are not at the discretion of the government to overlook in the name of withholding monies that are not its property, nor its right to hold – especially given that now the Treasury is in “DEFAULT” and owned in large part by the Chinese government. I am aware you have issued an “Executive Order” giving the diplomatic parties of Interpol, the Chinese, the Swiss, and the U.K. (MI6), the means to enforce, with all due power, dissemination of the “Settlements.” They clearly are relying on your power to assist this effort and to stop cabinet members of your staff and CIA factions from blocking the Global World Settlements. They are relying on you to exhibit your inherent Presidential character such as integrity and respect for the law, and to recognize the gravity of delaying such an important event intended to rescue not only the immediate US banking community, but to support a recalibration and refitting of various currencies and economies on a world scale necessary to abate the global collapse of economies everywhere. We are all well aware of the “derivatives,” the Ponzi schemes of the Federal Reserve creating debt out of thin air, the real estate debacle of SIV’s and CDO’s, the “Naked Shorting” in the stock market, and the market’s overall vast manipulation for the profit of the few. The global economy needs these “Settlements” to initiate recovery, and to switch to the new asset-backed US Treasury dollars. Mr. President, the people elected you for reasons of your promises, your apparent integrity, your conviction to help the American people uphold justice, and to return this Nation to its pre-eminent world status. Please use your good offices to ensure these “Settlements” are disseminated without further delay. Sincerely, HODGES AND ASSOCIATES A. CLIFTON HODGES ACH/gm Cc: Lindell H. Bonney, Sr. Clients May 20, 2010 MOST URGENT VIA FACSIMILE ONLY Honorable Barack Obama President of the United States of America Whitehouse Washington, D.C. Dear Mr. President: I write to you again this morning because your immediate personal assistance is required to ensure prompt dissemination of the World Global Settlements. As I have previously stated, I represent some 50,000 shareholders who are to be paid a settlement which consists mainly of monies collected from banks, brokerages, hedge fund corps, market makers, the Depository Trust Corporation/Federal Reserve, and various billionaire “naked-shorter” individuals, as well as some monies due from the SEC for damages. I have also been involved in the representation of other payees awaiting this distribution and have, in such capacity, been in direct communication with the UK Royal Monarch. I am currently advised and understand the following: • A portion of the World Global Settlement funds have been collected and are presently held in the custody of the Bank of America in Richmond, VA. • Said funds are sufficient to cover all disbursements to be made by the authority of the Paymaster who has now spent more than eight weeks over the past three months, in Richmond, for the purpose of concluding these transfers. • The Paymaster authority has, at the direction of the Pentagon, London, et. al., recently returned to Richmond to consummate the transfers; he was advised yesterday morning at Bank of America that the bank could not allow the transfers to be made until one additional signature was obtained. • Accordingly, on May 19, 2010 an agent of Interpol began a hand-carry trip through Little Rock, Arkansas, to Charleston, South Carolina, and then on to Richmond, Virginia; the hand carried item was presented to the Bank of America officer this morning. • The Bank of America officer then advised the Paymaster authority that Mr. Leon Panetta had instructed Bank of America that no World Global Settlement funds were to be disbursed without express personal approval from the President of the United States. • I have previously been advised that you had given specific written authorization of these transfers when you visited the Richmond Bank of America several weeks ago. As I advised yesterday in my communication to you, I am persuaded by these facts, that only your direct intervention will be efficacious in bringing this matter to conclusion. Mr. President, please provide, once again, your specific written authority and direction to those who continue to frustrate completion of these World Global Settlements. I would very much appreciate your written confirmation that you will do so without delay; accordingly, I will withhold further communication to the UK Royal Monarch and distribution of this correspondence to my clients until 4:30 PM EDT today. Mr. President, the people elected you for reasons of your promises, your apparent integrity, your conviction to help the American people uphold justice, and to return this Nation to its pre-eminent world status. I implore you to use your good offices to ensure these “Settlements” are disseminated without further delay. Sincerely, HODGES AND ASSOCIATES A. CLIFTON HODGES ACH/gm Cc: Her Majesty, Queen Elizabeth II Lindell H. Bonney, Sr. Clients tramp2.proboards.com/index.cgi?board=general&action=display&thread=12672 |
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Post by rrcmdrbob on May 20, 2010 18:11:41 GMT -5
Hope MR Hodges has a copy of the specific written authority that he mentions in his fax!
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Post by sandi66 on May 23, 2010 9:10:06 GMT -5
World Report, May 21, 2010 REAL-TIME INTELLIGENCE ON THE HIJACKED RELEASES THREE LEGAL LETTERS ADDRESSED TO PRESIDENT BARACK OBAMA Friday 21 May 2010 02:00 Reposted elsewhere, and posting here too where the original communication posted from Hodges containing the update and two letters are. NEW REPORT STARTS HERE: THE EDITOR IS URGENTLY CONTACTED BY MR A CLIFTON HODGES At 22:22 hours on the evening of Thursday 20th May 2010, the Editor of this service received the following communication from Mr A Clifton Hodges, counsel for the CMKM/CMKX SEC scam victims and who also represents Mr Michael C. Cottrell, B.A., M.S., and his two corporations, Pennsylvania Investments, Inc, and Cottrell Securities Limited, London. The email was also sent to our special contact with the British Monarchical Power, which received a detailed package of information under a covering letter from Mr Hodges at Buckingham Palace on the morning of 11th May 2010. Shortly afterwards, Gordon Brown resigned and David Cameron was received of The Queen and confirmed as Prime Minister. Those events dissolved the linkages between the Bush Fraudulent Finance nexus and the Blair-Brown Government, which had impeded settlement for years. Mr Hodges’ communication states: ‘I have attached several letters which I have recently had occasion to have delivered to the President of the United States. They are, I believe, self-explanatory as to what continues to take place in this land, which continues to frustrate the completion of distribution of the World Global Settlements. These Settlements, of course, include monies for the US Dollar Refunding Project as an integral portion. [Editor: The Line Item on the Basle List]. I believe the British Monarch needs to be aware of the exact cause of the continued delay in concluding this matter. It lies squarely in the White House in Washington, DC. Your cooperation and assistance is hereby solicited; please ensure that Her Majesty and other interested Monarchical parties, are advised of the circumstances which pertain. To that end, please feel free to make as much use of these letters as may in your sole discretion be required. Best regards, Al. •••••••••••••••••••••••••••••••••• WE REPRODUCE BELOW THE COMPLETE TEXTS OF THE THREE LETTERS – DATED 14TH, 19TH AND 20TH MAY 2010 – SENT BY MR HODGES TO PRESIDENT BARACK OBAMA. These letters provide definitive, up-to-date, detailed, ‘real-time’ information on the PRECISE state of the Settlements and the Group of Seven-approved US Dollar Refunding project based on the sovereign loan fund. You cannot obtain better ‘real-time’ data than is contained in these letters. •••••••••••••••••••••••••••••••••• BUT FIRST, PLEASE CONSIDER THE FOLLOWING INTELLIGENCE : Before we reproduce the letters, which contain detailed information about the continued wriggling of the serpent (the coarse skin of which is tatooed with swastikas), the following HORRENDOUS FACTS ILLUSTRATING THE LENGTHS TO WHICH THE CRIMINALISTS WILL GO, are stressed: • While all the preceding information – including the weekly and monthly bribes being received by Vice President Joseph Biden, US Treasury Secretary Timothy Geithner, and Rahm Emanuel, the White House Chief of Staff (see our report dated 11th May 2010) – remains intact, the new 'real-time' information contained in these legal letters confirms that: • President Barack Obama is personally BLOCKING the Settlements and is accordingly describable as a Financial Terrorist who is personally holding the world to ransom. If that is NOT the case, then Geithner and Panetta have LIED to INTERPOL to that effect [see below]. • Obama is also lying to The Queen and to the Chinese authorities/parties. This reality has been confirmed to us by the fact that ‘London’ stated on both 19th and 20th May 2010, to relevant US contacts, that the Settlements payments are ‘complete’. It is assumed that these wholly inaccurate communications from the British reflected assurances from the White House, from the US Treasury, or the CIA, or all of the above. If London is still inclined to accept American official 'assurances’ at face value, it clearly remains complacently and pathetically way behind the curve. • At all events, President Obama is therefore acting on the familiar obstructive instructions or in conformity with the requirements of the criminal former Presidents Bush Sr., Bush Jr., and Clinton whose notoriety worldwide as Financial Terrorists requires no further emphasis here. • The object of the exercise is to keep the funds bottled up with Bank of America, so that they can be stolen. Why do we state this with absolute certainty? Because: • Former Vice President Cheney, a top criminal CIA operative, entered the relevant Bank of America office in Atlanta late on 19th May 2010, accompanied by a posse of thugs and executives from the Bush Sr.-linked Carlyle Group, and attempted to extract $2.0 trillion from the Settlements funds. Our sources confirm that former Vice President Richard B. Cheney and his henchmen were PHYSICALLY THROWN OUT OF THE BANK. The inside source ANTICIPATED that an attempt to steal a huge volume of funds would take place, and had ensured that the funds were electronically ‘marked’ so that when the expected attempt to steal the funds materialised, the perpetrators, led by Cheney, would immediately be identified and caught in the act. These criminal operatives should have been thrown out of the bank into the back of armoured police vans. Did this happen? We don’t know, but doubt it. • Nowadays, bank robbers are liable to be shot on sight. What is wrong with the Americans? They stagger around the world intermeddling in the affairs of other countries as though they own the entire globe, and yet they lack even the guts to deal with the recalcitrant organised criminals who control their own Government. This perverse combination of cowardice and arrogance shows what a rotten condition the American Republic has fallen into. WEAKLINGS! COWARDS! FOOLS! IDIOTS! • Both Leon Panetta, Director of Central Intelligence, and Timothy Geither, the bribed US Treasury Secretary, were physically confronted by INTERPOL on 20th May and told to cease and desist from all further interference and blocking of the releases. Both operatives whined, winged, wriggled and bleated that they had approved everything and that the matter was in Mr Obama’s court. This of course is yet another repetition of the familiar pass-the-parcel ‘collective’ gimmick, where everybody blames everybody else and nobody is responsible. However these two dark characters were sufficiently concerned to point the finger definitively at President Obama, making it crystal clear that the President of the United States himself is holding the world to ransom, and lying to The Queen and the Chinese authorities. It is also likely that, as we have suggested before, Obama is being blackmailed (by Panetta), and probably threatened (or his family is being threatened), as the Bush thuggists have done in the past (see earlier report). •••••••••••••••••••••••••••••••••• THE HODGES LETTERS CONTAIN DETAILED INTELLIGENCE ON THE RECENT DEVELOPMENTS The letters from Mr Hodges, which have also been made available for the benefit of the 50,000 CMKM/CMKX victim shareholders, are reproduced verbatim below. Since the CMKM/CMKX suit is a class action, Mr Hodges is obliged to keep his 50,000 victims informed as the crisis evolves. In other communications, Mr Hodges elaborates: 'I took this action because the British Monarch is as anxious as many Settlement payees to have this matter resolved; accordingly, she is an ally and needs to be kept up to date regarding what’s actually transpiring'. • Note the BCC detail at the end of each of the three letters to President Obama. The Editor was well advanced with a separate report on parallel developments of great importance, but will follow through with that report a little later. •••••••••••••••••••••••••••••••••• (1): LETTER DATED 14TH MAY 2010 FROM MR A CLIFTON HODGES TO PRESIDENT OBAMA: HODGES AND ASSOCIATES A Professional Law Corporation A Clifton Hodges James S. Kostas Donald W. Ricketts* *Of Counsel 4 East Holly Street Suite 202 Pasadena CA 91103 Tel: (626) 564 9797 Fax (626) 564-9111 May 14, 2010 MOST URGENT VIA FACSIMILE ONLY (202) 456-2461 Honorable Barack Obama President of the United States of America Whitehouse Washington, D.C. Dear Mr. President: I write to you this morning because people within your current administration continue to frustrate dissemination of the World Global Settlements; I am advised today that Mr. Leon Panetta, the DCI, participated in this act on May 14, 2010. I represent some 50,000 shareholders who are to be paid a settlement which consists mainly of monies collected from banks, brokerages, hedge fund corps, market makers, the Depository Trust Corporation/Federal Reserve, and various billionaire “naked-shorter” individuals, as well as some monies due from the SEC for damages. These various monies collected have been held far longer than they should have been, and were swept into the World Global Settlements, thereby delaying payment even further. Taxes were paid into the U.S. Treasury due on these “Settlements” on December 30th and 31st; distribution of these settlement funds could not legally be withheld past midnight of February 14th, 2010. The continued holding of these settlement funds results in the violation of more laws such as “banking fraud,” “trust fund violations,” and, in times of war, “International Financial Terrorism.” These charges are not at the discretion of the government to overlook in the name of withholding monies that are not its property, nor its right to hold – especially given that now the Treasury is in “DEFAULT” and owned in large part by the Chinese government. I am aware you have issued an “Executive Order” giving the diplomatic parties of Interpol, the Chinese, the Swiss, and the U.K. (MI6), the means to enforce, with all due power, dissemination of the “Settlements.” They clearly are relying on your power to assist this effort and to stop cabinet members of your staff and CIA factions from blocking the Global World Settlements. They are relying on you to exhibit your inherent Presidential character such as integrity and respect for the law, and to recognize the gravity of delaying such an important event intended to rescue not only the immediate US banking community, but to support a recalibration and refitting of various currencies and economies on a world scale necessary to abate the global collapse of economies everywhere. Honorable Barack Obama President of the United States of America May 14, 2010 Page Two We are all well aware of the “derivatives,” the Ponzi schemes of the Federal Reserve creating debt out of thin air, the real estate debacle of SIV’s and CDO’s, the “Naked Shorting” in the stock market, and the market’s overall vast manipulation for the profit of the few. The global economy needs these “Settlements” to initiate recovery, and to switch to the new asset-backed US Treasury dollars. Mr. President, the people elected you for reasons of your promises, your apparent integrity, your conviction to help the American people uphold justice, and to return this Nation to its pre-eminent world status. Please use your good offices to ensure these “Settlements” are disseminated without further delay. Sincerely, HODGES AND ASSOCIATES [Signed] A. CLIFTON HODGES ACH/gm Cc: Lindell H. Bonney, Sr. Clients Bcc: Michael Cottrell •••••••••••••••••••••••••••••••••• (2): LETTER DATED 19TH MAY 2010 FROM MR A CLIFTON HODGES TO PRESIDENT OBAMA: HODGES AND ASSOCIATES A Professional Law Corporation A Clifton Hodges James S. Kostas Donald W. Ricketts* *Of Counsel 4 East Holly Street Suite 202 Pasadena CA 91103 Tel: (626) 564 9797 Fax (626) 564-9111 May 19, 2010 MOST URGENT VIA FACSIMILE ONLY (202) 456-2461 Honorable Barack Obama President of the United States of America Whitehouse Washington, D.C. Dear Mr. President: I write to you again this morning because your immediate assistance is required to ensure prompt dissemination of the World Global Settlements. As I have previously stated, I represent some 50,000 shareholders who are to be paid a settlement which consists mainly of monies collected from banks, brokerages, hedge fund corps, market makers, the Depository Trust Corporation/Federal Reserve, and various billionaire “naked-shorter” individuals, as well as some monies due from the SEC for damages. These various monies collected have been swept into the World Global Settlements, resulting in a substantial payment delay. I am currently advised and understand the following: • A portion of the World Global Settlement funds have been collected and are presently held in the custody of a Richmond, VA bank. • Said funds are sufficient to cover all disbursements to be made by the authority of one Lindell H. (Bill) Bonney, Sr., the Paymaster. • Mr. Bonney has spent more than eight weeks over the past three months, in Richmond, for the purpose of consummating these transfers. • Mr. Bonney has, at the direction of the Pentagon, London, et. al., recently returned to Richmond to consummate the transfers and is standing by to do so. • Mr. Bonney has been, most recently, directed to complete his monetary transfer duties by the conclusion of this date; again, he is standing by to do so. • Mr. Bonney was advised this morning, by the referenced bank, that the bank could not allow the transfers to be made until authority was received directly from the White House. • I am advised that you have previously given written approval of these transfers; accordingly, I am not aware of any further basis for delay. Honorable Barack Obama President of the United States of America May 19, 2010 Page Two I am persuaded by the above facts, that only your direct intervention will be efficacious in bringing this matter to conclusion. Mr. President, please provide your authority and direction to those who continue to frustrate completion of these World Global Settlements Mr. President, the people elected you for reasons of your promises, your apparent integrity, your conviction to help the American people uphold justice, and to return this Nation to its pre-eminent world status. Please use your good offices to ensure these “Settlements” are disseminated without further delay. Sincerely, HODGES AND ASSOCIATES [Signed] A. CLIFTON HODGES ACH/gm Cc: Lindell H. Bonney, Sr. Clients Bcc: Michael Cottrell •••••••••••••••••••••••••••••••••• (3): LETTER DATED 20TH MAY 2010 FROM MR A CLIFTON HODGES TO PRESIDENT OBAMA: HODGES AND ASSOCIATES A Professional Law Corporation A Clifton Hodges James S. Kostas Donald W. Ricketts* *Of Counsel 4 East Holly Street Suite 202 Pasadena CA 91103 Tel: (626) 564 9797 Fax (626) 564-9111 May 20, 2010 MOST URGENT VIA FACSIMILE ONLY (202) 456-2461 Honorable Barack Obama President of the United States of America Whitehouse Washington, D.C. Dear Mr. President: I write to you again this morning because your immediate personal assistance is required to ensure prompt dissemination of the World Global Settlements. As I have previously stated, I represent some 50,000 shareholders who are to be paid a settlement which consists mainly of monies collected from banks, brokerages, hedge fund corps, market makers, the Depository Trust Corporation/Federal Reserve, and various billionaire “naked-shorter” individuals, as well as some monies due from the SEC for damages. I have also been involved in the representation of other payees awaiting this distribution and have, in such capacity, been in direct communication with the UK Royal Monarch. I am currently advised and understand the following: • A portion of the World Global Settlement funds have been collected and are presently held in the custody of the Bank of America in Richmond, VA. • Said funds are sufficient to cover all disbursements to be made by the authority of the Paymaster who has now spent more than eight weeks over the past three months, in Richmond, for the purpose of concluding these transfers. • The Paymaster authority has, at the direction of the Pentagon, London, et. al., recently returned to Richmond to consummate the transfers; he was advised yesterday morning at Bank of America that the bank could not allow the transfers to be made until one additional signature was obtained. • Accordingly, on May 19, 2010 an agent of Interpol began a hand-carry trip through Little Rock, Arkansas, to Charleston, South Carolina, and then on to Richmond, Virginia; the hand carried item was presented to the Bank of America officer this morning. Honorable Barack Obama President of the United States of America May 20, 2010 Page Two • The Bank of America officer then advised the Paymaster authority that Mr. Leon Panetta had instructed Bank of America that no World Global Settlement funds were to be disbursed without express personal approval from the President of the United States. • I have previously been advised that you had given specific written authorization of these transfers when you visited the Richmond Bank of America several weeks ago. As I advised yesterday in my communication to you, I am persuaded by these facts, that only your direct intervention will be efficacious in bringing this matter to conclusion. Mr. President, please provide, once again, your specific written authority and direction to those who continue to frustrate completion of these World Global Settlements. I would very much appreciate your written confirmation that you will do so without delay; accordingly, I will withhold further communication to the UK Royal Monarch and distribution of this correspondence to my clients until 4:30 PM EDT today. Mr. President, the people elected you for reasons of your promises, your apparent integrity, your conviction to help the American people uphold justice, and to return this Nation to its pre-eminent world status. I implore you to use your good offices to ensure these “Settlements” are disseminated without further delay. Sincerely, HODGES AND ASSOCIATES [Signed] A. CLIFTON HODGES ACH/gm Cc: Lindell H. Bonney, Sr. Clients Bcc: Michael Cottrell Extracted from: www.worldreports.org/news/290_real_time_intelligence_on_the_hijacked_releases |
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Post by sandi66 on Jun 26, 2010 19:01:22 GMT -5
LETTER FROM LAWYER A. CLIFTON HODGES TO GEORGE OSBORNE, BRITISH CHANCELLOR OF THE EXCHEQUER, DATED 25TH JUNE 2010: THIS LETTER CONTAINS DYNAMITE INTELLIGENCE HODGES AND ASSOCIATES A PROFESSIONAL LAW CORPORATION 4 EAST HOLLY STREET SUITE 202 PASADENA CA 91103 Telephone: (626) 564-9797 Facsimile: (626) 564-9111 A. Clifton Hodges James S. Kostas Donald W. Ricketts* Of Counsel June 25, 2010 Sent Via E-Mail and Facsimile: The Right Honorable George Osborne, MP Chancellor of the Exchequer HM Treasury Whitehall London SW1A 2HQ Fax No. 020 7270 4580 Re: U.S. Dollar Refunding Project Dear Honorable George Osborne: I write to you on a most urgent basis in furtherance of matters raised in my prior correspondence to Buckingham Palace; I understand that you have been instructed and made aware of my approach, and the various points raised in my earlier notices. Your assistance is most urgently required in addressing matters of world financial concern, and the apparent disavowal of earlier promises to accept U.S. Dollar Refunding Project agreements made and reaffirmed at earlier G-8 meetings. I most recently wrote to the Palace on May 28, 2010 to solicit the assistance of your government in securing the release of funds being held in the U.S. which are required for implementation of the U.S. Dollar Refunding Project. I write to you again in furtherance to that subject, on behalf of my clients Michael C. Cottrell, B.A., M.S., of Erie, Pennsylvania, USA, and his corporations: Pennsylvania Investments, Inc., registered in the Commonwealth of Pennsylvania, and Cottrell Securities Limited, registered in England and Wales. The events of the past few days are particularly troubling. As of the afternoon of June 25, 2010, I am advised and understand the following: World Global Settlement funds had been collected and were in the custody of the Bank of America in Richmond, Virginia. Said funds were sufficient to cover all disbursements to be made by the authority of the Paymaster for the purpose of concluding these transfers in accord with the BASEL agenda. On May 27, 2010 US President Barack Obama personally intervened in the scheduled May 27 release of funds, and instructed that the funds be held until after the U.S. Memorial Day Holiday. I personally wrote to President Obama, protesting his actions, a copy of which was also submitted to the British Royal Monarchal Power; Mr. L.H. Bonney, Sr. personally verified that a copy of the letter was submitted to, and received by, HM The Queen via MI-5 and MI-6. US Vice President Biden was also provided a copy of the May 27, 2010 letter and acknowledged the veracity of President Obama taking direction from former President G.H.W. Bush; he indicated that President Obama’s citizenship status was being used as very effective leverage against the President, and also admitted that he was personally compromised. Mr. L. H. Bonney, Sr. has confirmed at Bank of America that no communication has yet been received from President Obama regarding authorization for release of the Settlement funds. On June 23, 2010 Mr. Bonney advised that “they are letting the Obama/Bank of America people believe they are in control” giving them rope to hang themselves, and after 5:00 PM the funds will be released to his custody; he also advised that the Chinese lien-holder will act on Thursday in accord with the Special Foreclosure. Although moneys for complete payout were confirmed by the Federal Reserve/Bank of America, US Vice President Biden was at the same time advising authorities that he is ready to “move on, and out of the White House”. On Thursday, June 24, 2010 Mr. L.H. Bonney, Sr. advised that payment must be released to him by noon or there would be “hell to pay”; Vice President Biden was unable to obtain immunity such that he could “move on” even though Hilary Clinton had voiced a desire to be appointed Vice President of the United States. The Chinese lien-holder was insisting on payment release after funds had been reconfirmed, even though a further attempt was made to steal the funds by Obama’s California banker, Carlson; as a result, all of Obama’s bankers and most (if not all) of the Bushs’ bankers have now been arrested. In the evening of June 24, a video tele-conference between the “company” [the CIA] and the Connecticut Trustee, Paul Sigue, regarding the release/movement of funds was held; there is a concern that on release, stolen funds will be moved and paid to the Bush/Clinton cabal. Mr. Bonney also advised that the Foreclosure Date is not June 24, 2010 – it is actually July2, 2010; although Mr. Bonney advised that three trusts would be paid out on June 24, such payout would not include payment for the U.S. Dollar Refunding Project, or anyone associated with it; Dana Wilcox later advised that any payouts made would include all parties. [Editor: The obfuscation and redirection, confusion-maximising dialectic as usual]. As of 10:30 AM EDT this morning of June 25, 2010, the display screens at Bank of America, Richmond, Virginia were blank, indicating that the funds had been removed; no information was available to any party or payee regarding the location and/or distribution of such funds before 12:30 PM, which results in a further delay until Tuesday, June 29, 2010. Just prior to the 12:30 PM deadline, Dana Wilcox verified that at least $ 4.7 Trillion of the funds had been removed to an unknown location; accordingly, he advised Mr. Lindell H. Bonney, Sr. to call MI-6, Her Majesty the Queen, Geneva, Switzerland, and San Marino, Italy, to inform them that the FUNDS ARE MISSING and HAVE NOT BEEN PAID OUT or released to Mr. Bonney. All members and attendees at the G-8 and G-20 meetings should be made aware that THE PAYMENTS PREVIOUSLY AGREED TO AND SET FORTH ON THE BASEL LIST HAVE NOT BEEN MADE, AS A DIRECT RESULT OF THE ACTIONS OF OBAMA, ET. AL. [see above]. As of 1:15 PM EDT this afternoon, the Bank of America in Richmond is now alleging that THE PAYOUTS HAVE BEEN MADE AND RELEASED TO MR. BONNEY I am persuaded by these facts, that direct intervention of the Royal Monarchal Power through your good offices, is absolutely required to bring this matter to conclusion. To secure release of these Settlement funds, it is now imperative that this power, as a U.S. Treasury lien-holder, be exercised forcefully to effectuate resolution. Any further delay not only jeopardizes the severely stressed world financial condition, but serves to encourage those seeking even further delay. This is a matter which can now only be concluded at such time as the Royal Monarchical Power utilizes the power which has been granted; direct intervention is imperative. Thank you very kindly in advance for your help; it is truly appreciated by many, and will have significant impact on the future financial health of the world. Sincerely, HODGES AND ASSOCIATES [Signed] A. CLIFTON HODGES ACH/gm Cc: Her Majesty Queen Elizabeth II Lindell H. Bonney, Sr. Dana Wilcox Michael C. Cottrell, B.A., M.S. President Barack Obama Interpol, USNCB www.worldreports.org/news/294_hodges_correspondence_to_the_highest_levels |
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Post by sandi66 on Jul 7, 2010 14:56:53 GMT -5
Personal Perspective « Thread Started Today at 2:50pm » -------------------------------------------------------------------------------- Hi folks, I’m signing back on this board only to post my thoughts re “wolfbela” (aka Jerry K’s) recent actions and public postings. I have a personal perspective on this gentleman I feel constrained to share; please be aware that these are my views, and not necessarily Al’s. Most of you know I’ve worked for Al Hodges for a number of years and first introduced him to CMKM. I also want to state again for the record that I am not an attorney. As our office “involvement” with CMKM increased over the years part of my job (or perhaps “penance” for getting Al involved) became to talk to most (of the many) shareholders (disgruntled or otherwise) who contact the office; “wolfbela”, or Jerry K. was one such shareholder. Jerry phoned the office a few months ago demanding we initiate contact with a reporter he had talked with to do “our story”. We demurred, telling Jerry it would be unseemly for us to make the first contact but if the reporter wished to speak with us fine, he needed to contact us, we would not contact him. Jerry got very indignant, proceeded to get his knickers in a real twist and the next day started publicly bad mouthing the office. A few days later he sent Al an officious, nasty letter running me down and basically telling Al how to do his job, a letter that was so ludicrous and generally out of line that it didn’t merit a response. Since then, this meddlesome and presumptuous twit (again my words, not Al’s, and yes, this guy pisses me off) has made it his mission to foment dissention because he got his poor little feelings hurt after we didn’t jump through his hoop. The latest from him is an ill-mannered, ill considered fax to Al he felt constrained to publicly post, this after other similarly misguided missives to Cottrell and Bonney. He apparently thinks he “deserves” information attendant to litigation and moreover feels it appropriate to harass and badmouth us plus harass and threaten our contacts. I don’t recall Al or I interfering with his business or harassing and threatening his contacts; some might consider such behavior not merely churlish, boorish and/or reprehensible but perhaps actionable as well. In my view, Jerry and others demonstrating similar hubris and dissatisfaction should feel free to hire their own attorney and/or go piss up a rope (preferably both). FWIW, we are doing the best we can as fast as we can; dealing with ingrates is only an impediment. This is obviously taking longer than anyone would wish and on many levels we understand the frustrations, however from my personal point of view both as a shareholder and as a friend and employee of Al Hodges, let me leave you with this. We are not responsible for anyone’s sense of despair and frustration which have now been ongoing for some years. We have performed to the highest standards and will continue to do so; and, we will continue to provide updated information on the basis we have previously advised. In the event you are unimpressed with the progress we have made to date, please feel free to retain your own counsel. What you should not feel free to do is insert yourselves into the dynamic and threaten the participants. Regards (to most), Dennis Smith particleswaves cmkxunofficial.proboards.com/index.cgi?board=mofo&action=display&thread=5989 |
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Post by imust on Jul 7, 2010 16:09:42 GMT -5
Well stated Dennis. The vast majority of shareholders are 100% behind Al and the plaintiff effort. Please don't let the few misguided make you forget that fact. God speed in your efforts!
Imust....be a cmkx'er
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Post by sandi66 on Jul 9, 2010 10:42:15 GMT -5
A second thought or two « Thread Started Today at 9:49am » from particleswaves (Dennis Smith) -------------------------------------------------------------------------------- Ok, I’ve had a second thought or two and want to apologize, at least after a fashion, to Jerry for the nasty manner in which I went after him. I do regret the name-calling but not the general message, which was (and is) don’t meddle where you’re not wanted or needed, don’t threaten participants in something you don’t understand and don’t let your ego dictate your moves. Good intentions are one thing; bad execution of those intentions are quite another. I seem to remember something about some undesirable road to somewhere being paved with good intentions. This is not much of an excuse, but on the day I posted (7/7) I turned 70, became quite friendly with a certain Mr. Jack Daniels and proceeded to let my displeasure with Jerry (and a few other malcontents) boil over. I’ll try not to let it happen again, at least until I’m 77. Regards to all, Dennis cmkxunofficial.proboards.com/index.cgi?board=mofo&action=display&thread=6008------------------------------- reply to Dennis from wolfbela: Re: A second thought or two « Reply #8 Today at 10:32am » -------------------------------------------------------------------------------- Mr. Smith, I thank you for your candor and accept your apology... and wish you a Happy Birthday... I guess we look at my inquiries in different ways.. One sees it as meddling, the other sees it as an independent searching for the truth.. I guess on that point we will not meet.. I have always stated publicly that I supported the Hodges effort and recall sending you faxes and emails to that point. I have just recently have had great doubts which have driven me to these actions. I hope I can soon be convinced I am wrong, especially with Mr. Hodges July 12th response.. I used to be a great admirer of Mr. Daniels and still have a Willie Nelson edition bottle, but sad and happy to say.. don't drink it anymore... I don't consider myself a malcontent, just someone who has many questions that need answering.. but that is for another day.. I'm actually a pretty level-headed person that is open to many avenues in this journey, however, would like to see some transparency, at least to the plaintiffs.. We shall see.. Good Luck in your endeavors... Jerry...WolfBela cmkxunofficial.proboards.com/index.cgi?board=mofo&action=display&thread=6008 |
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Post by travelbugaz on Aug 15, 2010 11:24:40 GMT -5
Topic: Hodges and Associates INTERIM UPDATE (Read 16 times) alch11 Diamond Finder member is online ‘All that is necessary for the triumph of evil is that good men do nothing’ Joined: Aug 2006 Gender: Male Posts: 695 Location: Pasadena, CA Hodges and Associates INTERIM UPDATE « Thread Started Today at 9:18am » -------------------------------------------------------------------------------- We have, as you are now more than aware, confronted a serious headwind to obtaining Economic Receipt. Although I have previously stated that I would not provide an “update” until we had confirmation of economic receipt or, I became convinced that payment to CMKX shareholders would not be forthcoming in a timely manner, it is now apparent that several matters need to be addressed: • I am an attorney and have been retained by seven brave and exceptional shareholders that represent a cross section of the proposed class; as such, I act at all times as their counsel. • At this instant in time, I literally represent only the seven named plaintiffs; as a result, I am constrained in the types and extent of information which I can provide to putative members of the class. As we’ve said before, the status of the litigation can at all times be monitored on PACER. • As a point of fact, the recent Court hearing was utilized in part as a means of conveying to the Judge and to the defendants, some of the additional information which can [if necessary] be added to our complaint to comply with The Federal Rules of Civil Procedure. We have not been thrown out of Court; the Judge, on his own, granted additional time for us to file an amended Complaint. • If necessary [which I still believe not] we will file an amended complaint specifying in more detail exactly how the individual Commissioners caused harm of Constitutional dimension to the CMKX shareholders. This litigation will be aggressively pursued until such time as all shareholders have been paid. I remain convinced that we will prevail. The belief of some that yelling and screaming, loudly and publicly enough, can somehow “force” release of the CMKX moneys, is erroneous and misplaced; it will not. Why won’t it help, you ask; it can’t help when the core problem is the White House. I believe that the SEC is anxious for this to be over; however, it is not the SEC that holding things up, IMO. I do believe that media exposure is beneficial in the sense that it keeps the pressure on the entire financial community. Inquiring minds want to know: what is our status; what has been going on; what is holding up economic receipt; when will our money be released; and how much money is there? As before, I will address each of these questions, to the extent I am able, separately: 1. How Much Money – As I have said before, we have persuasive evidence to all of the facts alleged as such in the complaint; accordingly, there is a total of 3.87 Trillion Dollars. 2. When is Release – The CMKX distribution funds will be released within a very short time after there is confirmation of Economic Receipt. What does that mean? It means that currently in process is a massive shift of wealth within the US and the world community; that includes: pay-out of all the domestic settlements; institution of the US dollar re-funding project; pay-out of world settlements; and, distribution of funds to many other programs. This involves a total of more than $ 42 Trillion. Economic Receipt occurs when all trustees have access to all of the funds they are responsible for. 3. Our Status – As I advised in April, we are literally on the thresh-hold. This means that the “work” remaining to be finished will not consume more hours than can be accomplished within one day. We have been at this point now for more than three months [!]. 4. The Delay – Although I could write a book about what’s been going on behind the scenes [and may one day] to cause this additional delay, I’ll try to give you the condensed version: First - Please be aware and understand that there is an economic war raging in the background; this war is between those who have controlled this planet for the last hundred and fifty years, and we who think that it must stop. Second - The naked corruption that is endemic in D.C. is more than most can comprehend; it is clear that these miscreants have no regard for the US Constitution, Federal Laws and Regulations, nor even any sense of simple morality. They are convinced that they are above any constraint that might apply to lesser mortals, and that no enforcement activity will ever successfully address them. I hasten to add that such opinions are not universal; having said that, it is more widespread than not. I can add that some large number of bankers and others have now been arrested and/or indicted; this, in combination with substantial repatriation of “stolen” moneys, is having a significant impact on the balance of power shifting in our favor. Third - These miscreants are, in effect, fighting for their lives – at least that part of their lives that establishes an environment in which they can continue to lie, cheat, steal, and mortgage your progeny’s lives, all for their personal gain. Accordingly, they will fight until the doors are all closed by a power that they cannot subvert. That fight continues as I prepare this interim update. Fourth - The good news is, we are winning the battle. The circle within which these bad apples can operate draws inexorably smaller with each attempt to bribe, suborn and otherwise corrupt the system, and the people within it. Fifth – By what date will we have Economic Receipt, you ask. We will have it when this initial battle phase comes to a successful conclusion. I still believe that will be in the near future; the most recent schedule, based on communication I received, was that it should have been finished by August 13; somehow at the very last moment, the bank was not available [?] to conclude the necessary transfers. This newest problem, I’m told, is being dealt with this weekend. I want to extend my heartfelt thanks to those of you who continue to demonstrate support and encouragement for our efforts. We remain very optimistic for the long term. Rest assured that the fight will continue until we succeed. We will prevail. Al Hodges tramp2.proboards.com/index.cgi?action=display&board=general&thread=13978&page=1#88119 |
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Post by sandi66 on Sept 16, 2010 18:47:48 GMT -5
HODGES AND ASSOCIATES UPDATE SEPTEMBER 16,2010 « Thread Started Today at 7:23pm » -------------------------------------------------------------------------------- As all are by now well aware, we have been battling a serious headwind, obtaining Economic Receipt. Although I have previously stated that I would not provide an “update” until we had confirmation of economic receipt or, I became convinced that payment to CMKX shareholders would not be forthcoming in a timely manner, I believe a further update is called for due to the status of the CMKX litigation and due to the unreasonable length of time resolution is taking. Please be advised as follows: • As previously indicated, the August 2 Court hearing was utilized, in part, as a means of conveying to the Judge and to the defendants, some of the additional information which could be added to the originally filed Complaint; this information has now been included in a First Amended Complaint which, out of an abundance of caution, has been filed and served today, September 16, 2010. We will continue to aggressively pursue this matter until such time as all shareholders have been paid. • It has been a very unreasonable period of time since we first began this litigation. Shortly after filing the original Complaint, I advised you of my opinion that resolution was imminent. I am confident that many of you are now convinced that I either don’t know the meaning of that word or am certifiably non compos mentis. Unfortunately, neither is the explanation; in point of fact we, and many others involved in bringing this matter to resolution, have been consistently lied to and ‘played’ by our own government. I do remain convinced that we will prevail. I know that the SEC is anxious for this to be over; however, it is not particularly the SEC that has held things up, IMO. We are, like it or not, tied to the World Global Settlements payouts. Until that process has been concluded, I do not believe that you will receive your payment. As always, inquiring minds want to know: what is our status; what has been going on; what is holding up economic receipt; when will our money be released; etc. etc.? I will try to address some of these concerns, to the extent I am able, separately: 1. Our Status – Our status remains pretty much the same as before. We remain literally on the thresh-hold. This means that the “work” remaining to be finished will not consume more hours than can be accomplished within one day; we have been at this point now for way too many months. However, progress in consummating the World Global Settlements has been made, which is a substantial improvement. I have now been advised that nearly all of the BASEL list items [some 20 in number] have been paid out; only one or two items remain IMO. 2. When is Release – The CMKX distribution funds will be released within a very short time after there is confirmation of Economic Receipt. What does that mean? There is in process a massive shift of wealth within the US and the world community which includes: pay-out of all the domestic prosperity settlements; institution of the US dollar re-funding project; pay-out of world settlements; and, distribution of funds to many other programs. This involves a total of more than $42 Trillion. Economic Receipt occurs when all trustees have access to all of the funds they are responsible for. When the last BASEL item is paid, we will have ER and the CMKX trustees can begin distribution, IMO. 3. Goings On – What’s been going on behind the scenes is a war. As I said before, there is an economic war raging in the background; this war is between those who have controlled this planet for the last hundred and fifty years, and we who think that it must stop. It is a war which, as much due to world circumstance as anything else IMHO, we seem slowly, inexorably winning. Because the naked corruption in D.C. is so endemic, it takes time. These miscreants are, in effect, fighting for their lives – at least that part of their lives that secures an environment in which they can continue to lie, cheat, steal, and mortgage your progeny’s lives, all for their personal gain. Accordingly, they will fight until the doors are all closed by a power that they cannot subvert. The good news is, we are winning the battle. 4. When - When will it be over, you ask; when will we get paid? I have suggested dates in the past, each of which was based upon information that I had received from the people on the scene and in the trenches. I am unwilling at this point to say anything more than I believe it will be soon: 1) because of the status of the World Global Settlements; 2) because I have received anecdotal information regarding movement of CMKX funds; and 3) because of additional information received concerning the status other related payments being made. I again want to extend my heartfelt thanks to those of you who continue to demonstrate support and encouragement for our efforts; I am especially thankful for all of the IM good wishes and thank-you’s. I remain very optimistic for the long term; rest assured that the fight will continue until we succeed. We will prevail! tramp2.proboards.com/index.cgi?action=display&board=general&thread=14363&page=1#90661 |
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Post by sandi66 on Oct 18, 2010 13:34:54 GMT -5
Another Rant « Thread Started Today at 1:50pm » -------------------------------------------------------------------------------- Fellow Travelers: This is not CMKX news from the office; merely a periodic rant against the collection of crooks masquerading as a benign government agency, i.e., the cynically misnamed “Federal Reserve”. Irritating the crap out of me these days is the term “Quantitative Easing”, which in Orwellian DoubleFedSpeak means they will print even more (increasingly worthless) Federal Reserve Notes, use a raft of them to acquire real assets for their private shareholders and another raft to shower on their already obscenely wealthy cohorts. The dwindling middle class together with the working poor (and their children) are again the designated saps that will directly and indirectly pay for this latest outrage via new taxes and soaring prices for basic goods and services. The criminal central “banksters” have now successfully foisted their monopoly/fiat paper on not only Europe and the United States but on the rest of the so-called free world as well. We see the “currency war” now developing between debtor nations plagued by inabilities to control their own banker/gangsters together with the attendant printing presses the banksters use to solemnly place intricate images on trillions of pieces of paper. And, each little piece of paper with all that fancy printing, don’t you know, is solemnly declared real money. It’s mind-boggling that for nearly 100 years the banking families (and cohorts) have been able to engineer a rip-off of this magnitude with straight faces (and without being shot), all the while merrily coining smiley face euphemisms like “Quantitative Easing” as they drive our entire country down a economic rat hole, deftly picking the pockets of the poor and middle class along the way. And, thanks to modern technology, we are now treated to the relatively new phenomenon of electronic “money”; a few keyboard entries in a particular program or two does the trick quite nicely without having to bother with cumbersome plates and presses or vats of messy inks and truckloads of paper. Rarely have so few reamed so many for so long. Surprisingly, just a bakers dozen or so (mainly European) banking families control (and derive inordinate profits from) the ingeniously misnamed “Federal Reserve”, in reality a ruthless cabal of private banking interests neither “Federal” nor in possession of America’s “Reserve(s)”, unless one counts the career politicians polluting the Congress, most of whom the banksters hold in “reserve” to do their bidding. While our feckless “leaders” feathered their own nest and with our citizens otherwise occupied, out of the bowels of greed appeared a privately owned and for-profit central bank (with the unmitigated gall to call itself “Federal”) that has managed to methodically exchange their processed paper for our real wealth, leaving an increasingly desperate citizenry with a “dollar” diluted to 3% of it’s value compared to 1913, the year European bankers (with help from a few American traitors) surreptitiously insinuated their sorry asses into our economy. To boot, over 42% of our outrageous national debt is owed to these unconscionable scumbags as interest for “money” they themselves have created out of thin air and “loaned” to us. Moreover, every dime we pay in Federal income tax goes toward servicing the “debt” to the banksters and cohorts that first conceived and implemented this giant charade. These banking families together with their hired guns, politicos, and apologists are the true (and heretofore untouchable) terrorists of our time. These vermin make and break presidents and kings, buy and sell countries and politicians, and perhaps most egregious of all, fuel and finance both sides of war after war to feed their insatiable desire for inordinate wealth and omniscient power no matter what price . Even if all the above is flat wrong and the banksters at the not-so-federal Federal Reserve are really the honest and benevolent guardians of our economy as advertised, the results of their stewardship are in and because of those sorry results alone they should be summarily sacked and run out of the country. However, if even half of the above is true, just running them out of the country will not be sufficient. Some one needs to remind us again why we need these parasites in pinstripes to manage and coin the nation’s money in the first place, particularly when the Constitution specifically assigned those functions to Congress and not to an asset-sucking cabal of avaricious European/American banksters and cohorts with private agendas demonstrably antithetical to the financial health of our nation. particleswaves tramp2.proboards.com/index.cgi?action=display&board=general&thread=14631&page=1#92407 |
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Post by sandi66 on Dec 7, 2010 19:10:03 GMT -5
Litigation Update « Thread Started Today at 7:54pm » -------------------------------------------------------------------------------- Litigation Update - December 7, 2010 I understand that many are anxious to receive an update directly from the horse’s mouth regarding the litigation and the Federal Court hearing of December 6; this is it. Let me begin by quoting a post of Mona’s from Tramp’s board which I found to be cogent and to the point [the bracketed portions are mine]: The following is a MOST EXCELLENT post and the last sentence SAYS IT ALL as we move forward! Protocol: To the best of my recollection, Al mentioned to those of us standing outside the courtroom: 1. 300 people had been served [and/or being prosecuted] for financial fraud and there are more to follow with arrests. 2. Everyone wants to see proof however. The reason for the hearing was not about presenting proof but about whether the complaint that was framed and filed has legal standing in this court. a. One of the points here is that the judge and the other side have to assume that every point in the filing submitted is true. b. The test this court was constrained to rule on [consider] was that if the plaintiff (Al Hodges) goes to trial and proves everything stated in his complaint, is he entitled to a judgment/verdict?
c. This court says, NO
d. No, because we don't qualify for the takings clause. [Essentially because no prior Ninth Circuit or USSC case has so held.]
e. No, because we don't have property interest in the shares we hold. [Essentially because no prior Ninth Circuit or USSC case has so held.]
That's the current state of the law in the 9th circuit court.
Al argued yesterday that it was in fact a taking and the shareholders did hold shares considered to be property that had value.
The company (CMKM) was structured and had business rulings that rendered the shares of CMKM real and valid.
The shareholders had no other recourse or means of redress against the government and this appeal was the only means of acquiring justice and restitution. [Therefore, making this a perfect Bivens situation.]
As far as the US attorney that was there representing the defendants:
Al said this guy is the head [actually one of the Senior] US attorney in the LA office and he is very competent.
He doesn't know much of anything because his clients are not communicating with him and do not need to at this point.
So, when he stands up there to argue, he is doing so with minimal understanding of his client’s true role and culpability. They are not giving him direction or facts.
If we go along with the idea this was scripted and yielded plausible deniability for the government then it makes sense when AL says this is [should be] over by Christmas...
Yesterday’s hearing lent to logical reasoning that this has reached a conclusion.
Al can of course take this further with an appeal in 30 days which he says he will do if we are not paid.
We will see where it goes by the end of the year.
God willing, all the work behind the scenes is done and payments begin shortly!
Proto
Let me add a few other comments:
• I did have a colloquy with Mr. Staub prior to the hearing in which I confirmed that he had essentially little or no input from his individual clients and/or the SEC; he as well confirmed that he had absolutely no knowledge of any “behind-the-scenes” discussions or other activities.
• When the hearing began, I reviewed briefly for the Court the insistence of many of the original 13 states that the Bill of Rights be included in the Constitution as a condition of ratification, how the Fifth Amendment came about and what it means [e.g. it talks about all property – not just real property], the seminal decision of Marbury v. Madison (1803) and the more recent Bivens case; I also explained in some detail why the Broad case raised by defendants could not and was not controlling here; and, although I had to concede that no prior Bivens or ‘Takings’ case of any similarity could be found, I detailed for the Court the reasons why that should not stand in the way of this Court upholding the spirit of the Constitution and all the relevant Supreme Court cases decided there-under.
• The Court explained to all that the essence of the decision rested on the absence of any decided cases of similarity to this one; he did suggest that we might find a sympathetic ear in the Ninth Circuit Court of Appeals.
• I did take the opportunity to meet and speak with some of the 25 plus shareholders in attendance, after the hearing; most of the ‘quotes’ of my statements that you have seen posted are accurate; e.g. I did say that “.... if I were a betting man, I would bet that we will receive payment by Christmas.”
• I am of the opinion that we are at the last turn in the road. More straight forwardly I do believe, based upon information from many, many sources including my work on securing release of the World Global Settlement funds, that payment is imminent.
• Apparently, dismissal [one way or another] of this litigation was required by the Government as a condition of the release of CMKX payments; we shall soon see if that assessment is correct. Whether it is or not, be assured that an appeal to the Ninth Circuit [and the USSC if necessary] will be timely taken and aggressively pursued, until such time as the payments are made.
Let me also take this opportunity to correct some prior misunderstandings of some shareholders:
• It has been asserted that I am the trustee – I AM NOT.
• It has been asserted that I am pursuing litigation on behalf of Mr. Bonney and/or Mr. Cottrell [and that this is being done at the expense of CMKX] - I AM NOT. I hasten to add that I have written correspondence on their behalf in the belief that it would assist in speeding up the WGS payouts, and in turn the CMKX release.
• It has been suggested that my actions and/or lack of same is delaying receipt of payment by CMKX shareholders – IT IS NOT.
• It has been asserted that the WGS have nothing to do with, or affect CMKX – INCORRECT.
• Some seem to believe that I have instructed various plaintiffs [most of whom have their own sources of information] to go to the boards/pal-talk and release information [either for some specific purpose or to serve some ulterior agenda] – I HAVE NOT.
• Some seem to believe that my purpose here has been to mislead, string-along, etc., and is part of some ‘master-plan’ – NOT TRUE. This litigation was [and still is] meritorious and brought in good faith to assert the rights of shareholders who had been severely robbed and otherwise damaged as the direct result of Government actions which were outside of the bounds of permissible behavior; it was also believed that the filing would precipitate the kind of attention and focus required to bring this matter to conclusion.
Some will ask why I am so confident that we are about be finished with this unnecessarily lengthy travail. The only answer that I can give you at the moment is to ask you to consider how much of my time [most of it] and other resources [substantial sums of $$] have been devoted to the matters associated with CMKX during the past year. Although you can’t know for sure, most have an idea that it has been a very bizarre, complex, convoluted battle against some of the most powerful entities in the world; it’s been that and oh, so much more. At any rate, the reason I mention it at all, is as a basis for you to understand that I now receive almost daily information from FBI, CIA, NSA, Pentagon, and JCS sources, as well as a plethora of other people with whom I have established a rapport and respect, and who have met certain screening criteria. It is information assembled from these sources that persuade me.
Some will next ask if their information is so good and accurate, why were we not we paid months ago “as you indicated we would be.” The detailed answer to that question will of necessity have to wait for another day; however, the short answer is for you to look at our competition and the results of our efforts.
My very best regards to all,
Al Hodges
« Last Edit: Today at 7:58pm by alch11 »
tramp2.proboards.com/index.cgi?board=general&action=display&thread=15154 |
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Post by sandi66 on Dec 25, 2010 19:06:17 GMT -5
Re: The THANK YOU Thread « Reply #13 on Dec 21, 2010, 7:07pm » -------------------------------------------------------------------------------- We at Hodges and Associates also have thanks to give. A good many of you have become friends and acquaintances during this long journey and we are most grateful for positive feedback, good thoughts and sincere words of encouragement from our fellow travelers. CMKM has been the glue binding thousands of disparate shareholders into a collective force larger than the sum of its parts. It took every one of us to get to this point and what an incredible education we have been privileged to receive along the way. Thank you one and all. tramp2.proboards.com/index.cgi?action=display&board=general&thread=15321&page=1# |
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Post by sandi66 on Dec 28, 2010 11:09:43 GMT -5
by tokenjo:
12/21/2010 31 NOTICE OF LODGING filed re Order on Motion to Dismiss, Motion Hearing 30 (Attachments: # 1 Proposed Order)(Staub, Keith) (Entered: 12/21/2010)
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Post by sandi66 on Jan 11, 2011 18:35:45 GMT -5
Hodges and Associates 1/11/11 « Thread Started Today at 6:18pm » -------------------------------------------------------------------------------- In the interest of clarifying the water, Al Hodges will have something to say to the shareholder base sometime in the next few days, at the latest by the end of the day Friday, January 14, 2011. In the interim (and ever after) we suggest that everyone untwist their knickers and simply be kind to one another. Regards Dennis Smith millionaires.proboards.com/index.cgi?board=main&action=display&thread=36619also posted on Tramp's board: Hodges and Associates 1/11/11 « Thread Started Today at 7:17pm » -------------------------------------------------------------------------------- In the interest of clarifying the water, Al Hodges will have something to say to the shareholder base sometime in the next few days, at the latest by the end of the day Friday, January 14, 2011. In the interim (and ever after) we suggest that everyone untwist their knickers and simply be kind to one another. Regards, Dennis Smith « Last Edit: Today at 7:21pm by particleswaves » tramp2.proboards.com/index.cgi?action=display&board=general&thread=15582&page=1#98962 |
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Post by sandi66 on Feb 24, 2011 12:59:54 GMT -5
reposted here... Re: Just talked to dennis smith « Reply #97 Today at 10:17am » -------------------------------------------------------------------------------- While it is true I’m an unapologetic potty-mouthed pagan, it’s also true that (with a few exceptions), I have a genuine regard and concern for my fellow shareholders. Rather than believing a rude and disingenuous ingrate, anyone really interested in my sentiments might look at my posts over the past several years. All of which brings us to Morning Mogambo: Mogambo Guru As I was lying to my wife about where I had been when I was supposed to be home "over two hours ago", it suddenly occurred to me that this is just an example of the lying crap that comes out of your mouth when called upon to cover up something bad about yourself. For me it was that I was casually driving along, innocently on my way home to happily meet my loving family, when I saw that Lulu's Ooh La La Lounge had, I guess, gotten their license back, and was having a "Get Acquainted Sale"" the specifics being drinks "3-for-the-price-of-1" and no cover charge. Well, one thing led to another and then I was telling one of the pole-dancers named Amber that if she stuck her tongue in my ear, I would tell her how to survive the coming inflationary collapse being caused by the foul Federal Reserve creating So Freaking Much Money (SFMM). She made an ugly face and said, "Eww! Gross!" and then started struggling to break free from my loving embrace, saying, "Let me go, you stupid old man!" which alerted me that she needed, you know, more convincing. So I said, "If you don't, then I won't tell you the Big Mogambo Secret To Wealth (BMSTW), then you will be so destroyed by the inflation in prices that you will be begging me - begging me! - to let you do that tongue thing, and more! Much more! Oh, so much, much more! I am laughing diabolically at your choice! Hahahaha!" Well, the reason I got home after just two lousy hours is that I got discouraged when she said, "We all know all about your stupid Big Mogambo Secret To Wealth (BMSTW), which is to buy gold, silver and oil stocks when the Federal Reserve is creating so much money, because that means lots of inflation in prices, which will destroy the currency, the kind that you are supposed to be sticking in my G-string, but you don't, you cheap bastard!" So you can see why I was trying to lie my way out of revealing the truth. As for Ben Bernanke of the Federal Reserve, he is lying to cover up the sheer incompetence and Utter, Utter Failure (UUF) of the Federal Reserve in general since 1913, the UUF of his personal chairmanship of the Federal Reserve during the disaster of the last Five Freaking Years (FFY), and the UUF of the entire clot of neo-Keynesian econometric theoretical crapola that is still, unbelievably, all the rage amongst mainstream economists, the media and drooling morons, as entirely redundant as that is. As a result of all of that disastrous Federal Reserve creation of money, food prices have been rising horrifically, at a reported 28% worldwide over the last six months, but Ben Bernanke is certain - absolutely certain! - that it is NOT related, in any way, to the enormous amounts of money that he has been creating for the last five years In A Freaking Row (IAFR). In fact, Bernanke says that the inflation is "not a dollar effect, it's a growth effect". My immediate, overwhelming outrage at such a preposterous, nonsensical idiocy is such that my brain kind of explodes, and I cannot actually form intelligible words, barely managing a kind of spluttering, raging incoherence. My hands are clenched into fists, my neck muscles contracted into tight, stiff knots, and yet with a Mogambo Herculean Effort (MHE), I manage to contain my adrenaline-fueled need for vengeance against the Federal Reserve and their neo-Keynesian econometric theoretical stupidities, all of which have the effect of bizarrely recommending permanent inflations in the money supply, which causes inflation in prices, which is causing (at last count) 87 riots around the world. And now that people are being killed, it makes you ask, "What price monetary growth?" Easing one almost paralyzed-with-rage, ham-handed fist onto a button on the console, I will just switch you over to Dan Amoss, in his essay "The Food Crisis is a Dollar Crisis" here at The Daily Reckoning, who says, "At this week's hearing on Capitol Hill, Fed chairman Ben Bernanke demonstrated a lack of understanding about what causes inflation. His comments reflected a belief that GDP growth causes inflation." Through gritted teeth I say, "Bravo! Well said!" He goes on, "When asked about the impact of QE2 on global food prices, Bernanke responded that the destabilizing spikes are due to weather and rapid growth in demand for grains in emerging markets. What a lame excuse! As an admirer of Milton Friedman, he must know that 'inflation is always and everywhere a monetary phenomenon.' Inflation isn't a 'weather phenomenon.'" His point is that inflation in all prices can only happen as a result of creating more money, as "Without forever-growing money supplies, price spikes in one set of goods, like food, would be offset by price declines in more discretionary goods." But that ain't the way it is these days, and like I said to Amber, the stupid Big Mogambo Secret To Wealth (BMSTW) is to buy gold, silver and oil when the Federal Reserve is creating so much money, because that means lots of inflation in prices, and 4,500 years of history says that when inflation in consumer prices goes up, so do gold, silver and energy, saving the proverbial butt of those lucky enough to own them! Whee! This investing stuff is easy! Richard Daughty is general partner and COO for Smith Consultant Group, serving the financial and medical communities, and the editor of The Mogambo Guru economic newsletter - an avocational exercise to heap disrespect on those who desperately deserve it. millionaires.proboards.com/index.....1&page=5#536009 ty Liz |
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Post by imust on Feb 24, 2011 17:42:01 GMT -5
The above post as no information from Hodges office or Dennis. I am suprised and disappointed at it being put on this link. Lets stick to the listed topics mods.
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Post by sandi66 on Feb 24, 2011 19:00:27 GMT -5
imust, there are times that individuals can't access other boards, but want to see what i being said... and since this WAS supposedly from discussion with Dennis Smith... it was first put on Hodges and Associates Update, then moved here.
Sorry, you can overlook the post if it isn't applicable.
Thanks
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Post by sandi66 on Apr 14, 2011 4:53:28 GMT -5
Let's clear some air « Thread Started Today at 10:55pm » -------------------------------------------------------------------------------- Fellow Travelers, As most of you probably know, Al and I were individual shareholders long before Hodges and Associates legally entered the fray. Accordingly, we are painfully aware that this continues to be an agonizing slog for all concerned. Please be aware that we want this totally resolved (now) as much as anyone and are unconditionally committed to effectuating total resolution. Addressing the “We’ve won” post from Al, I think it reasonable, fair and safe to say we had significant input (and impact) in what turned out to be a giant “money war” that on one side included (but was not limited to) individuals and issues attendant to CMKM and on the other a macabre and malignant collection of powerful individuals and entities rotten to the core. Al, extremely well-positioned in all this, is firmly convinced that the large war is essentially “won”, and that we’re now simply (or not so simply) waiting for the spoils of war to trickle down to the troops. If the trickle down process seems agonizingly slow it’s because it has proven to be exactly that, i.e., a much slower final process than we were led to anticipate. It has fallen to me to field the plethora of daily calls and emails re CMKM directed at the office, subsequently playing 20 questions with shareholders (some desperately) seeking clarification, more information, reassurance, certainty on when and how much, comments on who said (or didn’t day) what when or why and all the rest of it. I understand the frustration because as a shareholder I’m frustrated too. Please understand however I don’t always have the time or inclination to get back to everyone (particularly repeat callers) promptly; it’s always my intention and I typically take calls and/or get back to most shareholders without ado but it doesn’t always happen and I know there are some who have made overtures to the office that I have let fall through the cracks altogether. To you I sincerely apologize. I do not however apologize to those who I deliberately ignore (or tell to stick it) who approach the office with entitlement “demands” and/or with an “attitude”. Often I do not (and will not) respond to ingrates. Most callers, I hasten to add, are not “ingrates” with an “attitude”, but are in fact just the opposite, i.e., really good people who share this dream. Unfortunately a disturbing number of those “really good people” have heart-wrenching stories and are in varying degrees of financial difficulty. While it breaks our heart that so many shareholders are on the financial (and emotional) edge, please know there is nothing either we or you can do to speed up the process. I wish we had a magic wand to wave but we don’t control the wind, all we can do is adjust our sails. We WILL persevere and we WILL prevail, however we just can’t say with absolute certitude (at least at this moment) exactly when money will hit everyone’s pockets. It could be tomorrow, the next day, next week, next month or (the gods forbid) some longer time; Murphy’s Law and the Law of Unintended Consequence are unfortunate facts of life so we might adjust our immediate expectations accordingly. Just for the record, and particularly to those who have lately (or not so lately) disparaged our efforts, you should know that Al Hodges has personally borne the lion’s share of the considerable expenditure(s) of time and money attendant to the litigation undertaken on behalf of all shareholders. Al is irrevocably committed to bringing this matter to a successful conclusion and continues to work tirelessly toward that end. Additionally, It might be instructive to know that he has not asked for nor has he taken one dime from shareholders, apart from an initial (and quite modest) retainer received from less than a handful of our lead plaintiffs. All of which, you may ask, leaves us exactly where? Without going into specifics, here’s the take-away. In our considered opinion this saga will probably resolve with everyone “getting paid” erelong (how’s that for a word because it’s already past “soon”) but the operative words are “probably” and “erelong”. Expect and hope for the best but it’s prudent to remember that there are no absolute guarantees in this life, so while you are expecting and hoping for the best you might consider preparing for the worst on the off-chance that despite our “winning” the war the disparate “Big Boys” that remain standing could conceivably continue to drag out turning over the spoils. Hope all this helps clear the general air, even a little. Keep the faith and good luck to all of us. I reiterate, we WILL persevere and we WILL prevail. Regards, particleswaves Dennis Smith Hodges and Associates millionaires.proboards.com/index.....ay&thread=38504 reposted on 102 board by subtlerise ty |
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