but you may have to enter a name, email, and number (takes about 20 seconds) to get the webcast. It is around 60 minutes long, but the NSS info is about 5 to 15 minutes into the webcast. The whole thing was interesting and his Attorney was there with him, so I would think he was stating what he could back up.
There was quite a bit of info, but this is what I wanted to share with the board.
USXP - CEO Richard Altomare revealed the naked short totals that got them the $700 million settlement.
It began in 1998 and the naked short position was:
"20 times" the legitimate FLOAT No totals were shared
He continued to state that the CURRENT "naked short position" being held against USXP is
"8 times the entire Authorized Shares"
The Authorized is 3.9 billion making the NSS position approx 31.2 billion - TODAY
Those that are saying that CMKX cannot possibly have a huge NSS position, may want to consider that USXP is simply one small company, with a working business, with revenue, actively growing with a settlement already won, and their NSS position is still ongoing.
USXP is 8 times the A/S -- NOT the -- O/S.
Our A/S is 800 billion and 8 times that would be 6.4 trillion. I'm not saying it is that much, only that this CEO states that USXP is 8 times NSS his entire A/S so it is "possible" that a company (thus CMKX) could have such a NSS deficit.
I simply wanted to bring in this current developing story with another pink sheet company that could somewhat be compared to CMKM Diamonds.
Universal Express Posts End of Year Webcast Wednesday December 21, 3:49 pm ET
NEW YORK--(BUSINESS WIRE)--Dec. 21, 2005--Universal Express, Inc. (OTCBB: USXP - News), has just posted its 10:30 A.M. live webcast by its chairman, Mr. Altomare as he addressed multiple corporate questions and the recent AirNet proposal for merger. This insightful 60 minute webcast may be listened to at www.usxp.com.
"This fluid non-stop question and answer session from shareholders and our Chairman is a timely and powerful piece. It certainly presents an accurate snapshot of Universal Express and its short and long term plans," said Chris Gunderson, General Counsel of Universal Express, Inc.
About Universal Express
Universal Express, Inc. is a 22 year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For additional information please visit www.usxp.com
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact: Universal Express, Inc. Mark Falk, 631-588-0263 firstname.lastname@example.org
-------------------------------------------------------------------------------- Source: Universal Express, Inc.
johmond: So proboards wants a contribution now, how about they put back 1MM's......
Feb 24, 2021 18:00:23 GMT -4
mayz: Still here and keeping the faith.
Feb 24, 2021 18:35:01 GMT -4
Jed: Did you ALL know that Proboards was collecting and selling our personal information all these years??? Scroll to the very bottom of the donation page www.proboards.com/contribute See where it says “Do Not Sell My Personal Information"
Feb 24, 2021 20:16:41 GMT -4
narvo: Wondering if anyone here ever knew the shareholder last name Ehmann from the desert area of California? He was a good man and he liked fell off the face of the Earth. I am sensing a bad feeling. He held many shares. Thx, Narvo
Feb 25, 2021 0:20:13 GMT -4
bbildman: 2 Covid Moderna vaccine shot done, nd I am still alive
Feb 25, 2021 16:14:52 GMT -4
narvo: Another link with CMKX in it.QFS Schedule: According to Military Intel Contact Tier 4B should be notified to set redemption/ exchange appointments on Mon. 1 March or Tues. 2 March,though it may happen sooner.QuantumFinancialSystem anonup.com/thread
Feb 28, 2021 0:02:28 GMT -4