Post by Bart on Jul 12, 2004 11:46:09 GMT -5
TEXT ;D ;D
Take for whatever it is worth:
Something very very important!!!
hybridthinker
Diamond Hunter
member is offline
Posts: 47
Something very very important!!!
« Thread started on: Today at 12:53am » <br>
--------------------------------------------------------------------------------
I think this may have gotten overlooked. Gandhi posted the link to this eariler, but it seems like more people focused on the comment that was made about what other resources we have instead of the fact of what is coming up. Here is the original post from IHUB
www.investorshub.com/boards/read_msg.asp?message_id=3533441
I've removed the comment about resources at the end, but otherwise here is the post below.
// CMKX Files by July 22 //
according to the securities and exchange act of 1934, CMKX
had to meet the following criteria to be eligible to file a form 15-12g (Termination of Duly to file reports).
a) less than 300 shareholders
or
b) less than 500 shareholders and less than $10M in assets
urban met one of these conditions, and filed a 15-12g on
July 22, 2003. sucks for the shareholders, but there werent
that many obviously. keep in mind this was right after they
bought the cybermark shell.
however, filing a 15-12g isn't a free ride forever. keep in
mind that this is a PUBLIC market, and being able to not
file indefinitely defeats the 'public' in the market.
as i read the act, i'm fairly certain it states the following two successive years CMKX will have to justify their 15-12g status by reaffirming that one of the above two conditions still exist. the only exception seems to be if they are a 'shell' with no tangible assets, and no active business.
with that in mind, i think UC -has- to file by July 22 of this year. with hundreds of shareholders in sterling's paltalk room alone, you figure UC will exceed the shareholder requirement. and if CMKX is paying a 7 figure sum to glenn for legal services, it's not hard to fathom they have $10M in assets now.
on June 4th, CMKX PR'd they want to be a fully reporting
company, probably because at some point prior they realized they HAVE to be if they still want to be public.
read the securities and exchange act yourself. i honestly
think we'll be seeing a LOT of activity prior to the 22nd!
Now, that wasn't the world's greatest bit of writing, but it has some very important facts in it. CMKM became non-reporting on July 22, 2003 www.edgar-online.com/brand/yahoo/search/?cik=1092299. We also know that Rule 12g-4 states that every subsequent year if the company does not meet the previous requirements.....presto we have to report.
www.law.uc.edu/CCL/34Act/sec13.html
So, I think we will know the O/S within the next 10 days. Good night to all!!!
cmkx.proboards34.com/index.cgi?board=general&action=display&thread=1089611587
This sounds highly likely in the near future. IMO. ;D
Take for whatever it is worth:
Something very very important!!!
hybridthinker
Diamond Hunter
member is offline
Posts: 47
Something very very important!!!
« Thread started on: Today at 12:53am » <br>
--------------------------------------------------------------------------------
I think this may have gotten overlooked. Gandhi posted the link to this eariler, but it seems like more people focused on the comment that was made about what other resources we have instead of the fact of what is coming up. Here is the original post from IHUB
www.investorshub.com/boards/read_msg.asp?message_id=3533441
I've removed the comment about resources at the end, but otherwise here is the post below.
// CMKX Files by July 22 //
according to the securities and exchange act of 1934, CMKX
had to meet the following criteria to be eligible to file a form 15-12g (Termination of Duly to file reports).
a) less than 300 shareholders
or
b) less than 500 shareholders and less than $10M in assets
urban met one of these conditions, and filed a 15-12g on
July 22, 2003. sucks for the shareholders, but there werent
that many obviously. keep in mind this was right after they
bought the cybermark shell.
however, filing a 15-12g isn't a free ride forever. keep in
mind that this is a PUBLIC market, and being able to not
file indefinitely defeats the 'public' in the market.
as i read the act, i'm fairly certain it states the following two successive years CMKX will have to justify their 15-12g status by reaffirming that one of the above two conditions still exist. the only exception seems to be if they are a 'shell' with no tangible assets, and no active business.
with that in mind, i think UC -has- to file by July 22 of this year. with hundreds of shareholders in sterling's paltalk room alone, you figure UC will exceed the shareholder requirement. and if CMKX is paying a 7 figure sum to glenn for legal services, it's not hard to fathom they have $10M in assets now.
on June 4th, CMKX PR'd they want to be a fully reporting
company, probably because at some point prior they realized they HAVE to be if they still want to be public.
read the securities and exchange act yourself. i honestly
think we'll be seeing a LOT of activity prior to the 22nd!
Now, that wasn't the world's greatest bit of writing, but it has some very important facts in it. CMKM became non-reporting on July 22, 2003 www.edgar-online.com/brand/yahoo/search/?cik=1092299. We also know that Rule 12g-4 states that every subsequent year if the company does not meet the previous requirements.....presto we have to report.
www.law.uc.edu/CCL/34Act/sec13.html
So, I think we will know the O/S within the next 10 days. Good night to all!!!
cmkx.proboards34.com/index.cgi?board=general&action=display&thread=1089611587
This sounds highly likely in the near future. IMO. ;D