Franko10 ™
Kimberlite Rookie
"To accomplish great things, we must dream as well as act." -Anatole France
Posts: 10
|
Post by Franko10 ™ on Mar 30, 2006 19:28:00 GMT -4
The truth? Who knows,.. as good as any right about now I guess,.. read (from one guy I know and I think is a great person,.. )
Tell me what you think? My only post at this time....and I will not respond to anyone other than by private PM. I will have nothing more to say until after May 15th or whenever the TF officially ends to Cert pull. What the Task Force has PR'd is EXACTLY what is happening, ie Entourage at this time. There is no cash at this time and any cash will be a very long time coming if it is ever achieved, ie it would probably take years. Anyone telling you different is a complete and utter liar. Yeah yeah I said depends and all that before the revocation, but that was then and this is now. CMKX is delisted and revoked...that is reality not fantasy. If the TF can establish firm evidence of a NS, then that evidence can be presented to the SEC and it is possible the SEC may investigate. What and who they would investigate remains to be seen if it ever gets to that point. But, the TF obviously needs every possible share they can account for to build a case the NS even exists. A recent settlement regarding the SEC and another company for $800 mill. was considered "MASSIVE"...that is right...MASSIVE. To seriously think CMKX is secretly negotiating a multi multi multi billion dollar settlement is simply ILLOGICAL and IMPOSSIBLE. Mr. Casavant hoped for CMKX shareholders to at least get back their original investment via an appropriate appreciation of Entourage's PPS after the distribution. Why is Urban paying the bills? Because he is not without money and he is trying to do the right thing for CMKX shareholders. Frizzell and his people appear to being doing most of the leg work regarding the Cert pull, with Stoecklein being involved part time and Maheu involved even less, ie almost on an honorarium basis. There is no CIM IPO. There is no rights offering. There is no relation to China Media. I like the fact this board has grown toward ignoring the simply outrageous rumors as having any credibility. Challenge those out there who continue to spew crap behind some hidden alias. Cheers and best of luck to all. Sorry to those who find themselves upset over this, but at least you know who I am. I don't hide like so many of these bold chickens. Oaks (aimho)
|
|
|
Post by forevercmkx on Mar 30, 2006 19:33:29 GMT -4
Franko10,
I respectfully disagree with that assessment. If true, we've been really scammed. IMO
Peace,
Forevercmkx
|
|
loc
Kimberlite Rookie
Posts: 17
|
Post by loc on Mar 30, 2006 19:39:22 GMT -4
Nice rumor Franko
|
|
Franko10 ™
Kimberlite Rookie
"To accomplish great things, we must dream as well as act." -Anatole France
Posts: 10
|
Post by Franko10 ™ on Mar 30, 2006 19:40:23 GMT -4
This was something I had to add to the post on raging bull so I will add it here and it should answer your questions.
Well it appears that some may expect this to be good news but I can assure you it is far from the normal thing that is posted from "sources” The only reason I am posting this is cause I have gotten similar stories from two of my contacts that "should" know certain things,.. if they do or not is yet to be proven same as the money posts,.. so caution when you read this ,... this is not necessarily Franko10's opinion.. lol This person and both people I know Do know Urban Personally.
|
|
|
Post by Carats4me on Mar 30, 2006 19:40:29 GMT -4
Franko, if that is all, we really been had and Urban took our money and is a complete scam. I hope it is not.
|
|
Franko10 ™
Kimberlite Rookie
"To accomplish great things, we must dream as well as act." -Anatole France
Posts: 10
|
Post by Franko10 ™ on Mar 30, 2006 19:43:56 GMT -4
Franko, if that is all, we really been had and Urban took our money and is a complete scam. I hope it is not. I agree,. .like I said this is what I heard but I don't necessarily agree with it..
|
|
|
Post by Carats4me on Mar 30, 2006 19:58:04 GMT -4
Is Andy your source?
--------------------------------
and I will not respond to anyone other than by private PM. I will have nothing more to say until after May 15th or whenever the TF officially ends to Cert pull.
What the Task Force has PR'd is EXACTLY what is happening, ie Entourage at this time. There is no cash at this time and any cash will be a very long time coming if it is ever achieved, ie it would probably take years.
Anyone telling you different is a complete and utter liar. Yeah yeah I said depends and all that before the revocation, but that was then and this is now. CMKX is delisted and revoked...that is reality not fantasy.
If the TF can establish firm evidence of a NS, then that evidence can be presented to the SEC and it is possible the SEC may investigate. What and who they would investigate remains to be seen if it ever gets to that point. But, the TF obviously needs every possible share they can account for to build a case the NS even exists.
A recent settlement regarding the SEC and another company for $800 mill. was considered "MASSIVE"...that is right...MASSIVE. To seriously think CMKX is secretly negotiating a multi multi multi billion dollar settlement is simply ILLOGICAL and IMPOSSIBLE.
Mr. Casavant hoped for CMKX shareholders to at least get back their original investment via an appropriate appreciation of Entourage's PPS after the distribution. Why is Urban paying the bills? Because he is not without money and he is trying to do the right thing for CMKX shareholders.
Frizzell and his people appear to being doing most of the leg work regarding the Cert pull, with Stoecklein being involved part time and Maheu involved even less, ie almost on an honorarium basis.
There is no CIM IPO. There is no rights offering. There is no relation to China Media.
I like the fact this board has grown toward ignoring the simply outrageous rumors as having any credibility. Challenge those out there who continue to spew crap behind some hidden alias.
Cheers and best of luck to all. Sorry to those who find themselves upset over this, but at least you know who I am. I don't hide like so many of these bold chickens.
Oaks (aimho)
|
|
|
Post by RoNiN on Mar 30, 2006 20:07:43 GMT -4
"The more Certed shares pulled the better the chance down the road, evidence can be presented to the SEC regarding making a case re a NS. Would be up to the SEC as to whether they would pursue and who would be pursued and it would likely take years with the outcome totally unknown." Biovail shareholders suing hedge funds over alleged stock manipulation TORONTO, Mar 28, 2006 (The Canadian Press via COMTEX) -- A U.S. lawsuit filed on behalf of a Texas man who bought 340 shares of Biovail Corp. (BVF) in August 2003 then sold them 14 months later at a loss seeks $4 billion US in damages on behalf of himself and other investors. The suit, which includes many of the allegations contained in another civil suit filed last month by Biovail Corp. itself, lists a number of defendants including Banc of America Securities and hedge fund S.A.C. Capital Management. The sole named plaintiff in the suit is Guy Del Giudice, identified as a resident of Keeler, Texas, who bought 340 shares of Biovail stock on Aug. 19, 2003 at $40.91 US and sold them on Oct. 20, 2004 at $19.32 - for a loss of $7,340 US. However, if the suit is accepted as a class action, the case would be fought to compensate all shareholders, with the exception of the defendants, who lost money when Biovail's market value fell by more than half during that period. The shareholder lawsuit, filed on Friday in New Jersey where Biovail's U.S. operations are headquartered, accuses S.A.C. Capital of allegedly "paying, pressuring, and otherwise influencing purportedly independent analysts to disseminate materially false and misleading information" about Biovail as part of a "short-selling bear attack" on the company. A statement issued Tuesday on behalf of S.A.C. Capital said that "the allegations in the lawsuit, that a conspiracy involving dozens of parties manipulated its stock price, are false." "We believe the decline in Biovail's stock price resulted from its repeated failures to deliver on its own published earnings guidance and a number of other factors related to its business and the regulatory investigations regarding its accounting and disclosure practices. We will defend ourselves vigorously in court and are confident we will prevail." Other defendants named in the class-action suit include S.A.C. Capital founder Steven Cohen, Scottsdale, Ariz.-based Gradient Analytics (formerly known as Camelback Research Alliance) and Banc of America Securities analyst David Maris. Maris was the author of a highly publicized, highly critical research report on Biovail, dated Oct. 8, 2003 - a few days after Biovail announced it would miss its targets for the third quarter of 2003. A spokeswoman for Banc of America, who has said in the past that it stands behind Maris, said the firm was aware of the class-action suit but wouldn't comment until reviewing its allegations. Biovail's legal battle with its detractors has been making news, largely in the business press, since it was announced Feb. 22. It gained even wider attention with a television report by the CBS current affairs show 60 Minutes on Sunday. Gradient spokeswoman Karen Hinton issued a statement Tuesday that says the Arizona-based research firm denies any wrongdoing and accuses Biovail's investigators of intimidating current and past Gradient employees. "Gradient has been forced to defend practices both legal and appropriate because former customer or sales representatives, who were fired for malfeasance, poor performance or both, have mischaracterized and wrongly described these practices," Hinton said. "The analysts, not the sales reps, are the ones who did the work. To a person, these analysts adamantly deny that any report was anything other than their independent analytical work. Gradient did not collude with asset managers or journalists to drive down security prices nor did Gradient accept 'ghost written' reports. Anyone who says so is simply wrong," the Gradient statement says. The class-action suit was filed Friday in U.S. District Court in New Jersey, where the U.S. operations of Biovail are based, by Lampf, Lipkind, Prupis & Petigrow. The lawyer handling the case couldn't be reached for comment Monday. why wait when we can sue the sec/dtcc and borkers ourselves.....
|
|
Franko10 ™
Kimberlite Rookie
"To accomplish great things, we must dream as well as act." -Anatole France
Posts: 10
|
Post by Franko10 ™ on Mar 30, 2006 20:09:38 GMT -4
Yeah so andy just posted this on the millionaires board as well giving himself up as the guy who thought this,.. HE was one of the people I have been hearing this from,..
|
|
|
Post by velvet172 on Mar 30, 2006 20:28:04 GMT -4
"Yeah yeah I said depends and all that before the revocation, but that was then and this is now." - Andy can go F* himself after making that comment!!
Frank-0 are you serious with this? Cause this is what you said, "from one guy I know and I think is a great person"
How can you call this guy a great person? Read that comment from him, it says it all!
|
|
|
Post by Carats4me on Mar 30, 2006 20:31:41 GMT -4
Franko, I respect you, but bringing this stuff here and in other boards carry some responsibility. What do you think about Andy's posting, particularly:
There is no cash at this time and any cash will be a very long time coming if it is ever achieved, ie it would probably take years.
There is no CIM IPO. There is no rights offering. There is no relation to China Media.
I appreciate your comments.
|
|
|
Post by velvet172 on Mar 30, 2006 20:32:12 GMT -4
And further - Im not saying that these board "guru's" are right by any means, but how the hell could Andy know Jack sh*t of whats going on 5 months after he left the Company as an IR position? Give me a break! What an a$$ this guy is seriously... Talk about needing attention.
Velvet
|
|
Franko10 ™
Kimberlite Rookie
"To accomplish great things, we must dream as well as act." -Anatole France
Posts: 10
|
Post by Franko10 ™ on Mar 30, 2006 20:43:42 GMT -4
Franko, I respect you, but bringing this stuff here and in other boards carry some responsibility. What do you think about Andy's posting, particularly: There is no cash at this time and any cash will be a very long time coming if it is ever achieved, ie it would probably take years. There is no CIM IPO. There is no rights offering. There is no relation to China Media. I appreciate your comments. As far as trusting Andy I can say I know more about him personally then I know about the people posting the cash payouts so in the event I am weighing what I hear from both I will lean towards who I know more cause I can trust that person more based on the fact I know them,.. The people posting rumors who will not get to know me and or let me get to know them means to me they are hiding something,.. and if they are hiding something then what they say may or may not be true based on that alone,.. Like I said Andy is not the only person I have heard this story or type of story from before so I can tell you it is not merely based on his comments,.. And I too have back Andy when others bashed him for his character change because he was only doing what he was told to do,.. and anyone in a similar situation being told certain things would react the same way,.. if they say not then they lie,.. I think Andy is tired of being told he knows nothing and is a loser for the way his stories have changed,.. the fact he has not changed his stories now in the face of the backlash also stand well with me,.. Do I think he knows the answers? Well I am still out to lunch on that,.. like I said I trust his knowledge and can hold weight in it based on how he has opened up to me,. and I know and can verify what he says (ABOUT CERTAIN THINGS NOT THIS POST IN GENERAL) CIM is in default,.. there is not a real solid connection to China media therefore there would be no rights offerings,.. and there is zero proof of cash available,.. Only thinking in relation to actual proof at this time,.. no rumors,.. Hope this helps
|
|
|
Post by velvet172 on Mar 30, 2006 20:46:49 GMT -4
So why would he say, "grab your depends!" Frank-o, if you know him so well personally, ask him that question! Talk about a PUMP!
|
|
lulu
Diamond Explorer
Posts: 92
|
Post by lulu on Mar 30, 2006 20:57:31 GMT -4
And what about the Horizon of a lifetime Andy said and all the other post's he said that made it sound like we have won big? ??
|
|