Post by subtlerise on Apr 13, 2011 23:38:26 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.cgi?board=main&action=display&thread=38504
« 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.cgi?board=main&action=display&thread=38504