Post by fastwalker on Mar 11, 2006 10:50:09 GMT -5
In the opening statement, Frizzel addresses the publicly known issues, that being…
“This office is aware that a large number of shareholders have not received their certs from their brokers. Some shareholders are being told they will not receive their certs by the current deadline of March 15, 2006.”
Now we have on the public record a statement which settles some of our concerns, while at the same time, alerts those brokerage firms still not in compliance with his corporate action taken by CMKX. The following paragrapgh is straightforward and those who are withholding, or without certs are being notified, that they will have until he 15th to comply
“The company plans to respond on March 15, 2006 by way of an official press release.”
This upcoming press release will address many of the questions that are now being asked about the need for additional time to obtain your certs. The question of adequate notification of shareholders will also be addressed. This press release will be coming from Mr. Stoecklein’s office.”
I’ve complied and numbered significant, at least in my opinion statements made by Frizzel……
1. We do not believe that the transfer agent will need additional time to finish the cert requests which have been given to her at this point. We are closely monitoring the situation with the transfer agent.
2. This office has received communications from many brokerage houses about problems they are having in complying with this request for certs. I am especially concerned about certain brokers that are withholding certs from their customers for some reason unknown to us.
3. It is apparent from recently obtained shareholder lists that certs have been issued by the transfer agent but some brokerage houses are not sending the certs to their customers. We will continue to monitor this situation.
People these are three very powerful statements specially addressed to the brokerage firms through us, the shareholders. If you think this message is being read and heard by the brokerage firms, you are not being practical in your thinking.
What these statements and the basic contest of this letter does, is effectively assigns accountability to those who are or may be stonewalling the completion of the cert pull. It also assure the shareholders without certs, that the problem isn’t with the T/A, but as we all suspected, with the brokerage firms.
4. This office has been working closely with the transfer agent in the last month or so. We have been provided with a current shareholder list based on certs issued by First Global Stock Transfer. These lists contain the names of all shareholders whose certs have been issued through the present. Our list also includes activity by certificate holders that have liquidated their positions.
5.We do not believe that the transfer agent will need additional time to finish the cert requests which have been given to her at this point. We are closely monitoring the situation with the transfer agent.
My personal comfort level has increased given this statements, Which I feel, sends a clear signal that the cert pull will be completed within the timeframe announced and further, that it does appear that they (TF, UC, Stocklien) are satisfied with the results of the cert pull so far and for whatever reason, regardless of why the cert pull was initiated (dividend distribution or more?) they apparently feel they can move forward to the next level given the data they have on hand.
It is also indicated that glitches were experienced by both the T/A and the task force, and that they were dealt with and that a conspiracy to deny shareholders of their certs was not in play, at least between the T/A and TF. With regards to their activities, I see them as being controlled by a “cause and effect” syndrome, in which the situation was exacerbated, by the frustration of the shareholders and the dismissal of the event by the brokerage firms as being serious. All which I feel just added to and enhanced the environment of chaos visited upon the shareholders by the brokerage firms, DTCC, MMs, and SEC.
The move of Frizzel’s office has some interesting implications, if one decides to view them as such.
“On February 28, 2006 action was initiated for the move, which was no doubt contemplated prior to that date. This move was to allow the TF to upgrade the fax system that was originally designed by our tech people and initiate some additionally tweaks to the system with some other minor modifications, which resulted in the fax system is working much more efficiently now.”
The move and upgrade, at least in my opinion will allow the TF, Owner’s group the ability to deal more effectively with what I believe will be, massive amounts of information and extremely large files, when the NSS issue of CMKX finally takes center stage, which again IMO will be addressed next week.
The verification / confirmation system they developed serves a multi tiered function. Not only can it confirm our (CMKX) certs, but it is also beneficial to identifying the NSS of CMKX, if it exists and allows future such tasking for “other” NSS issues as new business for the OG, a unique and ground breaking position for the OG to be in.
I found it somewhat, but not overly reassuring to note that UC is in fact handling the expenses for creating this data collection system and hiring the staff to record this data. Further that UC is expected to also cover the additional expenses. That action has gone a long way to elevate and restore a bit of my diminished confidence level in UC’s commitment to us, the shareholders, even if it is only to benefit us a dividend distribution.
DOCUMENTATION…….
is the key phrase here people. If you have not received your certs you should continue calling your broker and following up with emails and certified letters to find out why you have not received them.
In addition to the positive direction we are heading, I ‘m very pleased regarding the fact that Greg Kennedy at Entourage Mining is considering a mail out to all shareholders with an update on the progress of Entourage, that is very significant news.
I feel that his expressing a real concern for the care and feeding of the massive CMKX shareholder base that may be coming is way, is both reassuring for us as the shareholders and also indicates a smart move on his part, to solidify the transference of the most significant and loyal shareholder base the market place has ever seen, for us to become extended members of the Entourage family.
As group, make no mistake about it, we are a force to be reckoned with, even when we are fragmented we do make a lot of nosie. With focus and attention to detail, we can be a serious force to contend with, which I feel the bad guys of the market place will not be wanting to deal with.
I am also very comfortable and pleased with the fact that Frizzle wants to continue his association with us ....
“ Although his company stock has not been distributed at this time, I have offered to be of assistance to him in such an endeavor.”
People, I would really encourage you all to “not read anything” into what Frizzel has stated here….
“I get email daily from many of you wanting me to comment on various rumors that continue to circulate. I hear of new rumors each day. I am not privy to any discussions about settlements with any third parties. I do not know of any payouts or pending distributions. If there is any such activity ongoing, I am not being included in any such discussions.”
Why?.... Simply because he is telling you straight out that he isn’t aware of any such dealings being contemplated and or finalized regarding the “RUMORS” of a settlement.
Do not denigrate the man’s efforts and intelligence by suggested some “other” lame scenario that he doesn’t know what is going on. How can he until the fact are revealed to him, if in fact there are any, can he or for that matter you and I “know” what is actually going on?
It’s not fair to Frizzel and it is certainly not fair to those among us who are still some what confused as to what is happening. To make lame excuses and or offer up lame speculations , as some sort of reassurances, for the final disposition of CMKX does us all a disservice. Facts people ....they are the only reality in a given situation.
In closing Frizzel indicates that he will have more to comment on when the company releases its statement on March 15, 2006.
Again… don’t read more into what he said. IMHO, this is significant in the sense that we have been alerted there is more information coming from Frizzel, which he has withheld, for any number of reasons.
We should continue to accept that he is working in our best interest and what he has to say next week will also be in our best interest.
IMHO I feel that the NSS is a very real issue. I would hope that the NSS is a very real issue where CMKX is concerned.
I would also hope that what we will hear is a concerted effort by the TF and other Management, to fully exploit the NSS of CMKX, IF IT IS ESTABLISHED BY THE CERT PULL.
That the cert pull while clearly indicated as necessary to establish the “bonified” shareholders for the distribution of the dividends, is or can also be seen, even when not indicated by UC and company…also a “PERFECT” vehicle to establish once and for all the real NSS issues associated with the CMKX stocks and the abusive and or the recklessly negligent manner in which the DTCC lending program, the failure of the SEC to address the FTDs and the blatantly wanton criminality of the MMs / hedge fund managers and others, to manipulate and exploit a “weak” market system in the most nefarious manner, to defraud us of what should have been rightfully our profits and rewards, for our part in supporting the economical well being of America.
As I said in a recent previous post ….. Monday all shareholders should listen for what I feel will be the start of a very distinctively loud sucking action, which will clearly indicate the “puckering of those collective sphincters,” within the above indicated entities as we finalize closure of the CMKX experience.
Fw
“This office is aware that a large number of shareholders have not received their certs from their brokers. Some shareholders are being told they will not receive their certs by the current deadline of March 15, 2006.”
Now we have on the public record a statement which settles some of our concerns, while at the same time, alerts those brokerage firms still not in compliance with his corporate action taken by CMKX. The following paragrapgh is straightforward and those who are withholding, or without certs are being notified, that they will have until he 15th to comply
“The company plans to respond on March 15, 2006 by way of an official press release.”
This upcoming press release will address many of the questions that are now being asked about the need for additional time to obtain your certs. The question of adequate notification of shareholders will also be addressed. This press release will be coming from Mr. Stoecklein’s office.”
I’ve complied and numbered significant, at least in my opinion statements made by Frizzel……
1. We do not believe that the transfer agent will need additional time to finish the cert requests which have been given to her at this point. We are closely monitoring the situation with the transfer agent.
2. This office has received communications from many brokerage houses about problems they are having in complying with this request for certs. I am especially concerned about certain brokers that are withholding certs from their customers for some reason unknown to us.
3. It is apparent from recently obtained shareholder lists that certs have been issued by the transfer agent but some brokerage houses are not sending the certs to their customers. We will continue to monitor this situation.
People these are three very powerful statements specially addressed to the brokerage firms through us, the shareholders. If you think this message is being read and heard by the brokerage firms, you are not being practical in your thinking.
What these statements and the basic contest of this letter does, is effectively assigns accountability to those who are or may be stonewalling the completion of the cert pull. It also assure the shareholders without certs, that the problem isn’t with the T/A, but as we all suspected, with the brokerage firms.
4. This office has been working closely with the transfer agent in the last month or so. We have been provided with a current shareholder list based on certs issued by First Global Stock Transfer. These lists contain the names of all shareholders whose certs have been issued through the present. Our list also includes activity by certificate holders that have liquidated their positions.
5.We do not believe that the transfer agent will need additional time to finish the cert requests which have been given to her at this point. We are closely monitoring the situation with the transfer agent.
My personal comfort level has increased given this statements, Which I feel, sends a clear signal that the cert pull will be completed within the timeframe announced and further, that it does appear that they (TF, UC, Stocklien) are satisfied with the results of the cert pull so far and for whatever reason, regardless of why the cert pull was initiated (dividend distribution or more?) they apparently feel they can move forward to the next level given the data they have on hand.
It is also indicated that glitches were experienced by both the T/A and the task force, and that they were dealt with and that a conspiracy to deny shareholders of their certs was not in play, at least between the T/A and TF. With regards to their activities, I see them as being controlled by a “cause and effect” syndrome, in which the situation was exacerbated, by the frustration of the shareholders and the dismissal of the event by the brokerage firms as being serious. All which I feel just added to and enhanced the environment of chaos visited upon the shareholders by the brokerage firms, DTCC, MMs, and SEC.
The move of Frizzel’s office has some interesting implications, if one decides to view them as such.
“On February 28, 2006 action was initiated for the move, which was no doubt contemplated prior to that date. This move was to allow the TF to upgrade the fax system that was originally designed by our tech people and initiate some additionally tweaks to the system with some other minor modifications, which resulted in the fax system is working much more efficiently now.”
The move and upgrade, at least in my opinion will allow the TF, Owner’s group the ability to deal more effectively with what I believe will be, massive amounts of information and extremely large files, when the NSS issue of CMKX finally takes center stage, which again IMO will be addressed next week.
The verification / confirmation system they developed serves a multi tiered function. Not only can it confirm our (CMKX) certs, but it is also beneficial to identifying the NSS of CMKX, if it exists and allows future such tasking for “other” NSS issues as new business for the OG, a unique and ground breaking position for the OG to be in.
I found it somewhat, but not overly reassuring to note that UC is in fact handling the expenses for creating this data collection system and hiring the staff to record this data. Further that UC is expected to also cover the additional expenses. That action has gone a long way to elevate and restore a bit of my diminished confidence level in UC’s commitment to us, the shareholders, even if it is only to benefit us a dividend distribution.
DOCUMENTATION…….
is the key phrase here people. If you have not received your certs you should continue calling your broker and following up with emails and certified letters to find out why you have not received them.
In addition to the positive direction we are heading, I ‘m very pleased regarding the fact that Greg Kennedy at Entourage Mining is considering a mail out to all shareholders with an update on the progress of Entourage, that is very significant news.
I feel that his expressing a real concern for the care and feeding of the massive CMKX shareholder base that may be coming is way, is both reassuring for us as the shareholders and also indicates a smart move on his part, to solidify the transference of the most significant and loyal shareholder base the market place has ever seen, for us to become extended members of the Entourage family.
As group, make no mistake about it, we are a force to be reckoned with, even when we are fragmented we do make a lot of nosie. With focus and attention to detail, we can be a serious force to contend with, which I feel the bad guys of the market place will not be wanting to deal with.
I am also very comfortable and pleased with the fact that Frizzle wants to continue his association with us ....
“ Although his company stock has not been distributed at this time, I have offered to be of assistance to him in such an endeavor.”
People, I would really encourage you all to “not read anything” into what Frizzel has stated here….
“I get email daily from many of you wanting me to comment on various rumors that continue to circulate. I hear of new rumors each day. I am not privy to any discussions about settlements with any third parties. I do not know of any payouts or pending distributions. If there is any such activity ongoing, I am not being included in any such discussions.”
Why?.... Simply because he is telling you straight out that he isn’t aware of any such dealings being contemplated and or finalized regarding the “RUMORS” of a settlement.
Do not denigrate the man’s efforts and intelligence by suggested some “other” lame scenario that he doesn’t know what is going on. How can he until the fact are revealed to him, if in fact there are any, can he or for that matter you and I “know” what is actually going on?
It’s not fair to Frizzel and it is certainly not fair to those among us who are still some what confused as to what is happening. To make lame excuses and or offer up lame speculations , as some sort of reassurances, for the final disposition of CMKX does us all a disservice. Facts people ....they are the only reality in a given situation.
In closing Frizzel indicates that he will have more to comment on when the company releases its statement on March 15, 2006.
Again… don’t read more into what he said. IMHO, this is significant in the sense that we have been alerted there is more information coming from Frizzel, which he has withheld, for any number of reasons.
We should continue to accept that he is working in our best interest and what he has to say next week will also be in our best interest.
IMHO I feel that the NSS is a very real issue. I would hope that the NSS is a very real issue where CMKX is concerned.
I would also hope that what we will hear is a concerted effort by the TF and other Management, to fully exploit the NSS of CMKX, IF IT IS ESTABLISHED BY THE CERT PULL.
That the cert pull while clearly indicated as necessary to establish the “bonified” shareholders for the distribution of the dividends, is or can also be seen, even when not indicated by UC and company…also a “PERFECT” vehicle to establish once and for all the real NSS issues associated with the CMKX stocks and the abusive and or the recklessly negligent manner in which the DTCC lending program, the failure of the SEC to address the FTDs and the blatantly wanton criminality of the MMs / hedge fund managers and others, to manipulate and exploit a “weak” market system in the most nefarious manner, to defraud us of what should have been rightfully our profits and rewards, for our part in supporting the economical well being of America.
As I said in a recent previous post ….. Monday all shareholders should listen for what I feel will be the start of a very distinctively loud sucking action, which will clearly indicate the “puckering of those collective sphincters,” within the above indicated entities as we finalize closure of the CMKX experience.
Fw