Post by blue on Nov 13, 2005 9:04:11 GMT -4
As a very long time shareholder of over four years I have heard it all. As being mostly positive there are and can be no doubt the co has let us all down in many, many ways. We all know that and what has transpired by now.
I am not convienced that a cert pull will work and I don't even totally know if it is legal to only distribute to those who pull certs. That could be another can of worms.
The very real problem I have is the "co" has not stated how many shares they own "if any" or have they already dumped. That is really interesting to me. A tell to me is that they are getting no new shares. That just "may" be because they don't have any cmkx to roll over. They "may" have dumped all their cmkx shares.
The co has never been forthright with the shareholders and most all information even how little to actual facts have come from outside sources. We know all that for sure. He said, she said. While grasping at straws and being hopefull that we will get some reward after all these years it is very difficult at times to see things for what they are. I am 50/50 myself these days as to a sucessfull end to all this. The bashers have very good points - Lee Webb- and the shareholders have strong "faith". When dealing with the reality and the facts as known it is is evn harder to make any rational decession in regards to this co.
One thing for sure, it is late in the game and there is absoultely nothing more to lose than to go along untill the very end and just be hopefull. There has been no definete time line set forth for anything as actual and there has been no outright statements for either co in that regard. I don't even know if the new shares that "may" be distributed will be restricted.
I don't know if certs are pulled that any further distribution of any other restricted dividends will be given to those that have no shares visable in their accounts for a TA to know and verify. While presenting hope to the shareholders that there is an actual short of some size they "should" address all questions instead leaving these questions unanswered and solutions left to the bulliten boards to debate as real or not - to be or not to be.. It all just adds to further confussion pilled on top of a mountain of confussion already know over the "years".
I really truely believed after the cmkx car and the Vegas party announcement that the co was going to be big time. Too bad and for sure too sad the way things have woked out and have to this.
I have decided to go ahead and pull my certs tomorrow in any case, although I am not 100% certain it will serve any master and or be benificial. I just like dealing with known facts, straight foward talk and true statements, speculations and opinions are fine but they are not facts. Lots of shareholders hold under 3 mil shares and most won't pull certs IMO. I personally own a substancial amount of this co's stock.
The co going private was always a way in which I thought they must go to get away from the regulators. As for any IPOs down the road, more than likely IMO. As for the removal of restrictions on the distributed of dividend shares now present in our accounts, I don't know. One thing for sure it has been interesting and there is always a lot to spin good or bad. Well I could go on and on and I am soory for the length of this post, I have not posted anywhere for a very long time as I have been waiting along with others to see where this was headed and did not want to spend days and days arguing with the bashers on the boards and giving opinions and further speculations as to my personal beliefs. All I can really say at this time is, We'll see.
I am not convienced that a cert pull will work and I don't even totally know if it is legal to only distribute to those who pull certs. That could be another can of worms.
The very real problem I have is the "co" has not stated how many shares they own "if any" or have they already dumped. That is really interesting to me. A tell to me is that they are getting no new shares. That just "may" be because they don't have any cmkx to roll over. They "may" have dumped all their cmkx shares.
The co has never been forthright with the shareholders and most all information even how little to actual facts have come from outside sources. We know all that for sure. He said, she said. While grasping at straws and being hopefull that we will get some reward after all these years it is very difficult at times to see things for what they are. I am 50/50 myself these days as to a sucessfull end to all this. The bashers have very good points - Lee Webb- and the shareholders have strong "faith". When dealing with the reality and the facts as known it is is evn harder to make any rational decession in regards to this co.
One thing for sure, it is late in the game and there is absoultely nothing more to lose than to go along untill the very end and just be hopefull. There has been no definete time line set forth for anything as actual and there has been no outright statements for either co in that regard. I don't even know if the new shares that "may" be distributed will be restricted.
I don't know if certs are pulled that any further distribution of any other restricted dividends will be given to those that have no shares visable in their accounts for a TA to know and verify. While presenting hope to the shareholders that there is an actual short of some size they "should" address all questions instead leaving these questions unanswered and solutions left to the bulliten boards to debate as real or not - to be or not to be.. It all just adds to further confussion pilled on top of a mountain of confussion already know over the "years".
I really truely believed after the cmkx car and the Vegas party announcement that the co was going to be big time. Too bad and for sure too sad the way things have woked out and have to this.
I have decided to go ahead and pull my certs tomorrow in any case, although I am not 100% certain it will serve any master and or be benificial. I just like dealing with known facts, straight foward talk and true statements, speculations and opinions are fine but they are not facts. Lots of shareholders hold under 3 mil shares and most won't pull certs IMO. I personally own a substancial amount of this co's stock.
The co going private was always a way in which I thought they must go to get away from the regulators. As for any IPOs down the road, more than likely IMO. As for the removal of restrictions on the distributed of dividend shares now present in our accounts, I don't know. One thing for sure it has been interesting and there is always a lot to spin good or bad. Well I could go on and on and I am soory for the length of this post, I have not posted anywhere for a very long time as I have been waiting along with others to see where this was headed and did not want to spend days and days arguing with the bashers on the boards and giving opinions and further speculations as to my personal beliefs. All I can really say at this time is, We'll see.