CMKX Shareholders Coalition:3.87 Trillion Dollar Lawsuit

[gunner0202]

It's all over for CMKX. No trust and share holders arn't getting any money. How much more plane does it have to be for people to wake up from this lie!

[thepenrev]

@gunner0202 wow...this government does whatever it wants.......

[gunner0202]

@thepenrev

what do u mean? The the Government. There is no money

[thepenrev]

@gunner0202 was it a scam all along?

[gunner0202]

@thepenrev

Well consider that the media never took hold of it as big as it was suppose to be.

[gunner0202]

@thepenrev I don't know if it were a scam exactly. But, even today there are those who still are hoping for money that isn't there according to an official report.

[staff0flag]

@thepenrev Yes - it was a scam all along.

[staff0flag]

MOTION TO DISMISS GRANTED - bunch of wackjobs!

Nice research, asswipe.

[gunner0202]

@rbsimba That's all my inlaws listen to. I'm told to just let them have something to hope for. I just hate to see someone living a lie.

[gunner0202]

Santa Clause will show up. FOR REAL!! Before CMKX invertors see a penny. 3 trillion dollars?? What a joke! The Federal reserve only has 2 trillion. Wake up folks. There is no money.

[m4tsuy4]

LOL, is this guy serious with the wolf shirt?

[thepenrev]

@m4tsuy4 i am indeed........lol

[extacylife]

listen to recording of hodges cmkx vs SEC commissioners in court on utube here under name: CMKX in Court.wmv

[ibringmayflowers]

Ya interesting. My family has been in this share holder cmkx since i was in the 7th grade. i am now 18 and a highschool graduate. every week i been heargin we are closer and closer but we have been 'closer' for a long period of time.

[thepenrev]

@ibringmayflowers i wish your family good luck with this case.......

[staff0flag]

@thepenrev Respectfully, good luck for why? These people invested in a company not because it had a chance at a legitimate profit but because they were sold a myth that a forced cover of a naked short was coming. Trouble is, a naked short cover is only forced when a company's stock goes up, and this pathetic company was build on series of frauds that led to it being delisted and its principals criminally charged. The heart of every good con is the greed of the victim. You reap what you sow.

[riseagainst23456]

@ibringmayflowers Haha you took the words right outta my mouth. It's even worse having to go through this as a high schooler :P

[crownvic1776]

@ibringmayflowers my family too. every weekend we " are getting paid, packets are being mailed out"

[staff0flag]

It's a tough video because you have no idea what you are speaking about. For more than a decade people have deluded themselves into believing everything but the truth: they made a bad investment. Truth complete - please continue with your mendacity.

[thislife2010]

To date, the commission hasnt announced any findings of its investigation.

Pollack, the former SEC regulator, wonders why.

This isnt a trail of breadcrumbs; this audit trail is lit up like an airport runway, he said. You can see it a mile off. Subpoena e-mails. Find out who spread false rumors and also shorted the stock and youve got your manipulators.

[thislife2010]

On Sept. 17, two days after Lehman Brothers filed for Chapter 11 bankruptcy, the number of failed trades climbed to 49.7 million, 23 percent of overall volume in the stock.

The next day, the SEC announced its ban on shorting financial companies in 2008. The number of protected stocks ultimately grew to about 1,000. On Sept. 19, the commission announced a sweeping expansion of its investigation into possible market manipulation.

[thislife2010]

Bloomberg: Naked Short Sales Hint Fraud in Bringing Down Lehman

A 1986 study done by Irving Pollack, the SECs first director of enforcement in the 1970s, found the buy-in rules ineffective with regard to Nasdaq securities. The rules permit brokers to postpone deliveries indefinitely, the study found.

[thislife2010]

The SEC has linked such so-called fails-to-deliver to naked short selling, a strategy that can be used to manipulate markets. A fail-to-deliver is a trade that doesnt settle within three days.

We had another word for this in Brooklyn, said Harvey Pitt, a former SEC chairman. The word was fraud.

[thislife2010]

Failing to deliver is like issuing new stock in a company without its permission, Trimbath said. You increase the number of shares circulating in the market, and that devalues a stock. The same thing happens to a currency when a government prints more of it.

Trimbath attributes the almost ninefold growth in the value of failed trades from 1995 to 2007 to a rise in naked short sales.

[thislife2010]

Naked short sellers dont borrow before trading -- a practice that becomes evident once the stock isnt delivered. Such trades can generate unlimited sell orders, overwhelming buyers and driving down prices, said Susanne Trimbath, a trade- settlement expert and president of STP Advisory Services, an Omaha, Nebraska-based consulting firm.

[bearze34]

Good old Iron Bob was so senile at the hearing in 2005 that he thought it was 1905!!!!! ROFLMAO.

[bearze34]

Oh yeah....this group of greedy fools got taken by a second-rate huckster that used to be a prison guard and a u-haul salesman. Ask them why their lawyer cannot even serve the people he is supposedly suing. He screwed up the service two months ago and has yet to make it right. Their lawyer is an ambulance chasing fool whom is as looney as these clowns.

[ConservativeMan1776]

Holy cow! Almost $4 trillion!!!!!!!! Jeez, these people are going to get rich if the lawsuit goes through. Cliff Hodges, the first trillionaire...

[ConservativeMan1776]

@ConservativeMan1776

[thislife2010]

By Hodges #17 Plaintiffs herein are informed and believe, and based thereon allege, that at all times mentioned, the Securities and Exchange Commission reserved unto itself the sole and absolute discretion to determine when moneys collected pursuant to the scheme set forth above would and could be released for distribution.

[thislife2010]

By Hodges #16 Plaintiffs herein are further informed and believe, and based thereon allege, that said moneys, collected for the benefit of shareholders have also been placed in a trust or are otherwise now held in trust by the Depository Trust & Clearing Corporation and the United States Treasury.

[thislife2010]

By Hodges #15 Plaintiffs herein are informed and believe, and based thereon allege, that other moneys have been collected for the benefit of the shareholders of CMKM Diamonds, Inc. from the Depository Trust & Clearing Corporation, from the United States Government, and from the sale of additional assets including consent to enter into joint venture agreements with other companies holding mineral claims in Saskatchewan, Canada.

[thislife2010]

By Hodges #14 In exchange for a U. S. Government promise of no prosecution for such sales, the wrongdoers each promised to pay negotiated amounts to a frozen trust for disbursal at a later time.

[thislife2010]

By Hodges #13 During the period from March, 2004 through August, 2006, on behalf of CMKM Diamonds, Inc. Robert A.. Maheu, with assistance from Royal Canadian Mounted Police Inspector William Majcher, negotiated a settlement with the illegitimate brokers, dealers, market makers, hedge funds, and other persons and entities that had engaged in naked short selling of CMKM Diamonds Inc. stock and cellar boxing the company.

[thislife2010]

By Hodges #12 During the period from November, 2004 through April, 2005, CMKM Diamonds, Inc. negotiated the sale of some of its Saskatchewan, Canada mineral claims to three Chinese domiciled corporations with the advice and consent, inter alia, of the Securities and Exchange Commission. Proceeds from the consummation of such sales were placed into a frozen trust for disbursal at a later time.

[extacylife]

The Deep Capture Analysis - by Patrick Byrne Introduction The Setting 1.The Players (hedge funds) 2.The Pawns (journalists) 3.The Regulators The Crime 4.The Crime: Naked Short Selling 5.The Corporate Democracy Hoax 6.Ruined Firms & Looted Pensions 7.Systemic Risk The Cover-up 8.The Deep Capture Campaign 9.The Hijacking of Social Media

[dieseeelll]

thank you!

[dieseeelll]

thank you!

[thepenrev]

@dieseeelll yw:) there will be more to come later as I become more familiar with this story and learn more.....

[extacylife]

Thank you Penrev!

[thepenrev]

@extacylife yw:)

[hermannmaier0]

Great reading, thanks.

It's worth some research on Robert Maheu's background, and ask yourself if it makes sense in any other context than of the lawsuit. Robert Maheu was Co-Chairman, small exploration outfit. Why was he there? When shareholders were finally asked by Maheu to order stock certificates, and prove their share ownership, Maheu stated."Working as a united front will allow us to extract all available sources of value for distribution." He was Hughes' #1 exec, CIA, FBI

Why in cmkx?

[thepenrev]

@hermannmaier0 i just talked with a guy who is strongly connected to this case..........it is a bizarre case for sure.........lots of bad fingers in the pie..........

[joesixpack333]

I am part of the CMKX saga.. and what you have just read off is only a portion of what we have been through.. Iron Bob Maheu was Hughes right hand man in Vegas and was responsible for cleaning out the mafia from that town.. only a guy like Iron Bob could pull off the ultimate STING of the century.. makes the movie look like childs' play.. Believe it.. it brought down the markets.. it was the catalyst that provided the proof for the DOJ, and SEC to go after the bad guys..

[joesixpack333]

@joesixpack333 .. sorry.. "what you have just listened to is only a portion"

[thepenrev]

@joesixpack333 wow..........so there is much more to all of this......i'm not surprised........

[thepenrev]

@joesixpack333 i just talked with a man by the name of michael who is connected to this case.........what a crazy case!!!! i will be doing more on this..........

[larnem]

It would be shocking if the gov was involved :)

[thepenrev]

@larnem the crap is really going to hit the fan oneday...........

[OceanOfTwilight]

very strange indeed. but very interesting too. but what can i say? i actually expect something like this from my corrupt government but not like this though.

[thepenrev]

@OceanOfTwilight i have a feeling that this is just the tip of the iceberg.........