Post by drdiamond on Nov 15, 2005 12:04:39 GMT -4
Hi everyone.
It seems like everything is moving ahead or at least in the direction that the Task Force is leading us. This is good news for all of us, IMHO. The certificate pull seems to be moving through at a rapid rate although the TA has replied that there are still many CMKX certificates left. I believe the last report I had was that nearly 100 requests per hour were going into the TA for CMKX certificates. That was last week and is to be expected as many of the shareholders around the boards and Pal Talk were right on top of the news to pull. In a surprising move we began seeing the brokers not only very cooperative, but they also took the initiative and began moving the CMKX shares into certificates before they were even being asked for. Very interesting.
I understand that it has been reported that some of the brokers are now providing this CMKM Diamonds certificate pull for “free” or at least no charge to the client for pulling the certificates. I have been asked if I thought the broker would refund the certificate transaction fee charged to those that had previously pulled their CMKM Diamond shares.
My suggestion would be to contact your broker’s customer service representative and see what can be done. Seeing that the company “required”, not “requested”, all shares to be pulled in certificate form, then the broker may be a little more lenient and absorb the fee. I believe the TA charges $16.50 for the cert unless a deal has been cut with them by the company. That meaning, IMHO, that on a “free” pull, either the TA is being paid by the company to hedge the costs of the certificate pull or the brokers are absorbing the fees themselves.
Either way you may be surprised if you can speak with your broker, you may get a reprieve on the certificate pull fee. If not, don’t be disappointed.
The company has allowed until the 31st of December 2005 for the certificate pull to be completed, so try and relax and let the Task Force do their thing. If they need us to do anything else, I am sure they will notify us.
I personally want to thank the shareholders for pulling together to accomplish this grand task that is at hand. There are still more than likely thousands of shareholders out there that may not know that a certificate pull is in effect and still others trying to get a pull from their 401K or their IRA. Let’s continue to try to assist all others in any way we can to see that every shareholder is accounted for.
As I have said before, I see no indication of a settlement taking place recently, but that doesn’t mean one has not. I would expect that they would need to wait until the bona fide shareholders are identified, before they could ever approach with any kind of an effort to get a settlement.
Some have said their CMKX shares have disappeared out of their accounts without their knowledge. My suggestion of course is to call your broker and see what transaction has taken place and who authorized it. They can’t sell them out of your account as the security is not tradable. They may have pulled them to send you a certificate without your prior knowledge. If you have any difficulties with your broker make sure you use the forms and resources from the Task Force web site to assist you and to report all necessary activity to them as well.
www.cmkmtaskforce.com
I have full confidence in the Task Force and their ability to complete the task at hand.
It is sad to hear about the incident that has taken place concerning certain shareholders and their decision to conduct a test on the CMKX shareholders trustworthiness. I feel these individuals have abused the rights and privilege that these boards extend to “all who will” or are willing to participate and should find themselves participating only on a probationary condition. It is equally sad that the 32 board (Canuck set up) that was the resting place for all of us after the bashers infiltrated the admins and took over the old CMKX board, (Not Melvin’s, which he shut down) has been handed over to one of the perpetrators. I have deleted my name from that board. That is not meant to discredit any of the good posters and DD members that are there, as I have great respect for every one of you. I have had my fill of Admins gone awry over the last 2 ½ years and to hand the Admin responsibility of the board over to one that had already offended and violated everything the boards stand for, IMHO, is ludicrous. I am not discrediting the individuals nor the contributions that they have made legitimately over the last year and a half they have been around, because that speaks for itself. But to simply say this latest action is unacceptable would be insufficient. I will not judge, there is one that judges and I am not him. We need to forgive and move on.
We should get news from Entourage on updates in the next little while.
Be well.
Success is in hand!
Dr.D
It seems like everything is moving ahead or at least in the direction that the Task Force is leading us. This is good news for all of us, IMHO. The certificate pull seems to be moving through at a rapid rate although the TA has replied that there are still many CMKX certificates left. I believe the last report I had was that nearly 100 requests per hour were going into the TA for CMKX certificates. That was last week and is to be expected as many of the shareholders around the boards and Pal Talk were right on top of the news to pull. In a surprising move we began seeing the brokers not only very cooperative, but they also took the initiative and began moving the CMKX shares into certificates before they were even being asked for. Very interesting.
I understand that it has been reported that some of the brokers are now providing this CMKM Diamonds certificate pull for “free” or at least no charge to the client for pulling the certificates. I have been asked if I thought the broker would refund the certificate transaction fee charged to those that had previously pulled their CMKM Diamond shares.
My suggestion would be to contact your broker’s customer service representative and see what can be done. Seeing that the company “required”, not “requested”, all shares to be pulled in certificate form, then the broker may be a little more lenient and absorb the fee. I believe the TA charges $16.50 for the cert unless a deal has been cut with them by the company. That meaning, IMHO, that on a “free” pull, either the TA is being paid by the company to hedge the costs of the certificate pull or the brokers are absorbing the fees themselves.
Either way you may be surprised if you can speak with your broker, you may get a reprieve on the certificate pull fee. If not, don’t be disappointed.
The company has allowed until the 31st of December 2005 for the certificate pull to be completed, so try and relax and let the Task Force do their thing. If they need us to do anything else, I am sure they will notify us.
I personally want to thank the shareholders for pulling together to accomplish this grand task that is at hand. There are still more than likely thousands of shareholders out there that may not know that a certificate pull is in effect and still others trying to get a pull from their 401K or their IRA. Let’s continue to try to assist all others in any way we can to see that every shareholder is accounted for.
As I have said before, I see no indication of a settlement taking place recently, but that doesn’t mean one has not. I would expect that they would need to wait until the bona fide shareholders are identified, before they could ever approach with any kind of an effort to get a settlement.
Some have said their CMKX shares have disappeared out of their accounts without their knowledge. My suggestion of course is to call your broker and see what transaction has taken place and who authorized it. They can’t sell them out of your account as the security is not tradable. They may have pulled them to send you a certificate without your prior knowledge. If you have any difficulties with your broker make sure you use the forms and resources from the Task Force web site to assist you and to report all necessary activity to them as well.
www.cmkmtaskforce.com
I have full confidence in the Task Force and their ability to complete the task at hand.
It is sad to hear about the incident that has taken place concerning certain shareholders and their decision to conduct a test on the CMKX shareholders trustworthiness. I feel these individuals have abused the rights and privilege that these boards extend to “all who will” or are willing to participate and should find themselves participating only on a probationary condition. It is equally sad that the 32 board (Canuck set up) that was the resting place for all of us after the bashers infiltrated the admins and took over the old CMKX board, (Not Melvin’s, which he shut down) has been handed over to one of the perpetrators. I have deleted my name from that board. That is not meant to discredit any of the good posters and DD members that are there, as I have great respect for every one of you. I have had my fill of Admins gone awry over the last 2 ½ years and to hand the Admin responsibility of the board over to one that had already offended and violated everything the boards stand for, IMHO, is ludicrous. I am not discrediting the individuals nor the contributions that they have made legitimately over the last year and a half they have been around, because that speaks for itself. But to simply say this latest action is unacceptable would be insufficient. I will not judge, there is one that judges and I am not him. We need to forgive and move on.
We should get news from Entourage on updates in the next little while.
Be well.
Success is in hand!
Dr.D