I have also registered with the new transfer agent but want to know what this costs the company and why they did it. Is this to convince the world and the courts that CMKX is still a viable entity? If the $28 million judgement is collected, where does that money go? To the lawyers? Into R&D? The company updates are confusing....
I did mine this morning before I went into work! I am in lurk mode so I will be watching from the shadows! Just want to give a shout out to all my peepz from years past. I have been quiet, but I have a new found motivation that has pulled me back in!
The lawsuits I think are what brought me back, plus the International Journal entry yesterday! We are on our way. I don't believe the 24 hour window, but I believe that things are in the works and it appears that what we have heard in the past is finally coming to fruition! IMHO
Some people are saying that whatever money we could/would get would not be given through a transfer agent, so I looked at the TransferOnline.com website again to see if I could find any possible answers or to see if anything different has happened to our account. I noticed that they offer escrow services. We commonly think of escrow in relation to real estate, but when I did a search on "escrow" under wikipedia, this is one part of the definition:
"Escrow is also known in the judicial context. So-called escrow funds are commonly used to distribute money from a cash settlement in a class action or environmental enforcement action. This way the defendant is not responsible for distribution of judgment moneys to the individual plaintiffs or the court-determined use (such as environmental remediation or mitigation). The defendant pays the total amount of the judgment (or settlement) to the court-administered or appointed escrow fund, and the fund distributes the money (often reimbursing its expenses from the judgment funds)."
So, I'm thinking that if/when money does need to be distributed, it will indeed come via the transfer agent.
I had a problem with family member.. who has 3 certs. One cert was missing.
so after forth and back.. email and phone.. finnaly they found the cert, but made a new separate account for it. I dont understand why really?
why would a cert #3 be put in its own separate account? I mean, its under the same name, but it shows 2 accounts. one with first 2 certs, and then another one with the 3rd cert.
Meanwhile all my certs were right there .. showed up right away and all in same account.
At least with time things are getting straightened out and organized and better updated. It will take time for all shareholders. Even though Kevin made that update and said.. how they needed time to get the TA to get all the info.. correctly, we can see now that all the info is not updated correctly, meaning from the company to TA, so.. again this is a process ,, and some people proabably will never update their stuff.
I wonder if Tyler management has some kind of disk or list.. that is more accurate then what our present TA has.
Because if my family member with 3 certs was missing one out of those 3 on their records.. that is not a sole case of info not completely correct or updated, so there is alot of cases like that.. and its obvious as a whole.. that there are alot of blind spots .. in transfer agents records.