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Post by Bart on May 10, 2005 18:03:13 GMT -5
Go proboard 32 to get the Martin 1 MP3 and Martin 2 MP3.
Thanks to gdh for recording the conversations! You can listen to the phone calls at the links below.
Martin 1 MP3
Martin 2 MP3 - Sorry it took so long to post. I was driving home.
FYI - I will be out for much of the evening. If there are further mp3 updates, I will host and link them as soon as I get back.
This is a transcript of a later conversation.
This is all cruisecontrol's work, but I cleaned it up a bit to make it easier to read. Apologies to Cruise..
"Hello everybody, this is John Martin again. I just wanted to bring everybody up to date.
The Judge was looking at a clock in the court room that was not working right she was under the impression that it was 12:30 California time, when in fact it was a couple hours later than that.
We got in just one witness, whom Mrs. Hakala questioned, her name was Suzanne Herring, she's an auditor for the Stoecklein law firm. Essentially the line of questioning was about the books.
She reported that the books were essentially non-existent, that she's been working towards getting the books together. The entire line of questioning was designed to is not a (can't make this part out) filer.
There still is not a redirect by Mr. Stoecklein or Mr. Frizzell, they chose to wait until after lunch to do that. It is my understanding that in one hour we will reconvene. The Judge seems to think that we will finish this tonight, she plans on taking this long into the evening, until we're finished. I have no idea what needs to be done, there's still a great deal of material to go through.
When I left the courtroom a minute ago, the judge, and the attorneys were meeting at the judge's seat, and catching something of interest, I was not privy to that, I'm going to go catch a bite to eat. I'll report back after the next break, we will be reconvening in about an hour.
I hope everybody's hangin' in there, I know it's a long day, there's a lot going on, a lot of positioning, from the SEC, Mr. Stoecklein, and Mr. Frizzell.
It seems as though there's going to be quite a bit of questioning by Mr. Stoecklein, and Mr. Frizzell as soon as we reconvening from lunch.
I hope everybody’s having a good day, and I'll talk to you soon"
-Word for Word From the mouth of John Martin, as promised, you read it here first!-
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Post by azesm on May 10, 2005 20:50:31 GMT -5
Thank you everyone for updates!!! Thank you Mr.&Mrs. Calminer!
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Post by hexges on May 10, 2005 21:26:08 GMT -5
Thinks judge was unbiased, cared for shareholders.
We did it! We made the company visible. We stood up for our rights and our shares and the judge "got it!"
Picking up from lunch...
Witness after Lunch: Rendell. Was questioned about UC and he said UC was working on reporting and UC said 10-12 times they would be reporting by the party. Seemed SEC was trying to prove UC was really trying all that hard.
They played 17 minutes of the Green Baron CD. They asked the courtroom if they wanted to hear it, no one did...but the Judge over ruled and they did.
Stocklein crossed Rendell, and asked who is counsel was. (Roger Glenn)
UCAD is 50/50 split with CMKX. CMKX owns the shaft...15 levels deep. UCAD has multiple processing plants in Ecuador.
Bill asked Rendell, if UCAD bought into CMKX? Yes, but Rendell couldn't remember how much cash was paid or how much stock was given...or when the investigation was started into his company?
Thejudge said Frizzell you're puting words into his mouth, and he said he was not answering and he was trying to get an answer.
Urban took the stand and plead the fifth. Urban's attorney said he didn't imply guilt by taking the fifth. The SEC tried rapid fire questions (harrassment) but he plead the fifth.
ED Donahoe was next. Stocklein tried to get Ed to give a value of the claims and the SEC argued for him not to becuase he is not a claims expert and the judge ruled for the SEC.
SEC asked if Ed had seen reports for CMKX filing, he did not.
Stockelein was trying to get a vlaue form Ed but couldn't get a streaight answer due to objections form SEC.
Mahue on stand. Explained UC asked him to join. Asked why to take the job...he came for the plight of the shareholder, never runs form challenges. Was going to surround himself with good people to bring this to reporting and he is being paid $40K per month. When asked if mahue could get the filings done, Mahue said YES.
SEC rapid fire questions to Mahue, but he did fine.
Michelle Buck, attorney for Stocklein law firm...next witness. Was asked what she is doing for the company and the form 15. Said company was working in a repsonsibile way.Mahue and UC made the decision to file form 15 together.
They hired Opus Point to do the books and is owned by Stocklein Law Firm.
Frizzell asked about activiites proviing time and money si being spent to get filings done, showing the court that they are trying and working hard to get it done.
SEC tried to get Mrs. Buck to look bad, but couldn't.
At the end the SEC tried to get an exhibit that Bill entered (a letter to Jeff the Market Maker) out of the exhibit, but Bill got the judge to keep it in.
We are gathering more statments in support of the numbers during the next couple weeks.
Bill was disappointed that the judge wouldn't admit evidence of NSS.
There is a meeting with Stocklein and the SEC tomorrow morning...but they didn't say what that is about.
John feels that the courtroom knows that the NSS is a real issue, but he REALLY thinks the judge doesn't understand the magnitude of this issue...or what it really is.
He thinks the company has proved that we have tried to report. He thinks the judge will do whatever is necessary to keep us going. She could have halted us, but did not...she must see something there.
The shareholders were a BIG part of this hearing.
It's important for us to realize that we an't be done. We need to get more faxes in of how many shares you own!
There are 60,000 shareholders documented!
We MUST concentrate on our game plan (as shareholders). There is no doubt in John's mind that once the judge sees and udnerstands there is a NS issue there...he thinks she will want an explanation of what is going on. He thinks it will be helpful to her.
Even if we are halted, delisted or even revoked for a period of time, it will trap the MM from being able to move.
end.
portrush
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Post by Bart on May 10, 2005 21:28:41 GMT -5
;D ;D
Well just listened to the final from John Martin. Said in a nut shell that all went well. UC did take the 5th at this also. That Ed testified that CMKX bought back from him the 75B shares for 2M dollars due to him in Dec. Mahue was great for us. Said he was brought on board to fix things and that is what he is going to do. Martin said that 60,000 share holders were confirmed and that no one could dispute that number. Says the judge did not halt us from trading and that is a big plus. The SEC and CMKX have a meeting in the morning. Does not know what that is about. Martin was very up beat. Says in the next two weeks we as share holders need to keep sending in the faxes about our accts. Then they will send them to the judge. The judge he said seems very fair and can not see that once she see's all these shares. Why she would not lanuch an investigation into it. After lessoning to JM it sounded to me that things went real well for us. We said that we have 1.2 million dollars invested in Ecuador and I myself heard nothing about Canada. Maybe I missed it. My broard cast was cutting in and out. But bottom line we were not halted and the 60,000 share holders are confirmed. That to me is big. Also, Mahue stated he is here to get the company straight and that is what he is going to do. To me the meeting tomorrow morning is kinda interesting. I just wonder what that is about. Just have to wait and see.
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Post by hexges on May 10, 2005 21:33:32 GMT -5
canada said 1 million claims plus 500 000 with nevada minerals thats it
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Post by Bart on May 10, 2005 21:46:04 GMT -5
;D ;D
Oh I forgot one very important thing. A letter from a peron named Jefferies an MM was allow to stay in the records per the judge. The SEC did not want it to stay in. I remember somewhere back about a letter from an x MM on how they naked shorted stocks. Not for sure if this is the same. I hope so.
;D ;D
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Post by Bart on May 10, 2005 21:50:22 GMT -5
;D ;D
From another board on the Jefferies ltr FWIW:
This is what it said " JEFF CONTINUE TO SHORT CMKX TO THE GROUND.. WE ARE THE SEC MAFIA SO DON'T WORRY...NOONE WILL GO AFTER US"
;D ;D
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Post by saturn48021 on May 11, 2005 3:33:59 GMT -5
I like this from another board part.
Subject: SEC asked for a meeting with us!!! Author: proeag Sentiment: By: jimnikon 10 May 2005, 10:32 PM EDT Msg. 211752 of 211752 Jump to msg. #
SEC asked for meeting with CMKX tomorrow morning at the end of the hearing. Per Mr. Martins interview and confirmed on paltalk.
Also, Frizzel was allowed by the judge to provide here with additional supporting information on the case including a brief containing our Share Numbers and prove a NSS in the next week or two - per Mr. Martins interview also. - - - - -
By: riter1115 10 May 2005, 10:30 PM EDT Msg. 211748 of 211748 Jump to msg. #
My take is this: We will get additional time to file, just like e-Smart Technologies.
AND I think John Martin is right, that even thought they are not allowing NSS into evidence, when she sees the numbers that will be submitted as exhibits and gets an education on NSS, that even if she doesn't allow it into evidence, she is, as an officer of the court, going to say, "Get to the bottom of this!"
AND it MAY get pulled into evidence because the SEC said ON THE RECORD that it did not believe CMKX was naked shorted.
I feel good about this.
JMO, Riter - - Saturn
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Post by liquidator on May 11, 2005 8:07:59 GMT -5
Saturn thats exactly the way I see it too. The only way the SEC can keep this from becomming a huge can of worms is to allow CMKX more time to file and settling this case that way. If they don't they risk being scrutenized and stripped of their authority, exposing a lot of information to the public that they do not want to be made transparent. If they win this case they lose, and if they settle this case they retain control of the NSS situation and keep it out of the publics view. They see clearly now just what we have to work with and cannot risk exposure of these of these elements.
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