Drymouth and DrD are saying that people should stay away from the crazy rumors that fly around the boards.
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Drymouth is sayng that if we can enough light shining on the NSS problem maybe we will get some reform.
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DrD is saying that he believes that the rewards for staying in CMKX will comes over a period of time and via different means. He is also giving specifics.
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DrD is also hoping the Frizzell count will "overtake the float" and that this would "raise the eyebrows of the judge."
Says the SEC is trying to keep everything out regarding share structure.
Drymouth says he thinks this is one of the reasons the company is happy about Frizzell's involvement -- in case this somehow becomes an issue.
Drymouth: "It is pretty clear that the SEC does not want this to go to the hearing."
Both DrD and Drymouth are saying that Frizzle was not part of the plan, but that this has become an advantage for CMKX and disadvantage for the SEC.
DrD is now bringing up E-SAMRT, as referenced by the judge, and how this may impact the outcome of the hearing. This is one reasons DrD is very confident we will do well with the judge given these circumstances.-
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DrD says the company needs to start getting some more information and/or filings out and thinks this will happen before the hearing.
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DrD doesn't see CMKX getting revoked and he is giving reasons why.
Everything is only DrD's opinion (and you will be able to hear the exact words for all of this when the MP3 is out).
Drymouth says if CMKX is revoked he thinks the shareholders will follow the assets.
However, if the company gives a reasonable time frame for filings we will come out fine and the SEC will lose.
DrD agrees with the above sentence.
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DrD is talking about a way that the share structure may be introduced into the hearing.
DrD thinks this hearing will cause CMKX to be put on a time table for filings.
Urban has spent in excess of $1,000,000 in bringing other lawyers into this -- Drymouth heard from people he thinks would know (not directly from Urban). "That's a lot of lawyers," noted Drymouth.
DrD says they are spending this kind of money because CMKX is a "long term play."
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Drymouth talking about the William's comment about July/Aug. for complying.
Also why CMKX has options, assets, etc., and CMKX should survive.
It's more a matter of how long will this take, not if it will happen.
DrD agrees.