July 11, 2008
SIRS"
IT HAS BECOME APPARENT THAT THE STOCK MARKET IS IN A SAD CONDITION. LOOK AT ALL THE BANK FAILURES, BROKERS AND CLEARING HOUSES.
I AM A CMKM (CMKX) SHARE HOLDER. WE (THE SHARE HOLDERS) HAVE BEEN TAKEN ADVANTAGE OF BY CERTAIN STOCK BROKERS. THESE BROKES HAVE SOLD BILLIONS OF SHARES THAT THEY NEVER HAD ANY INTENTION OF COVERING.
THIS ILLEAGE SHORTING HAS CAUSED MANY COMPANIES TO GO BROKE. JOHN EDWARDS HAS BEEN FOUND GUILTY OF THESE SHORT SELLINGS HE HAS BEEN FINED OR ORDERED TO REPAY THE COMPANY 33 PLUS MILLION DOLLARS. NOW , THERE ARE OTHER PEOPLE INVOLVED IN THIS ISSUE, THEY NEED TO BE CHARGED WITH SHORT SELLING AS WELL, AND FINED IN THE AMOUNT OF DAMAGES AND PROFITS THAT THEY GOT BY NAKED SHORT SELLING.
THE PEOPLE OF AMERICA HAVE NO IDEAL OF WHAT HAS TRANSPIRED THROUGH CROOKED BROKEAGE FIRMS. IT HAS BEEN SAID THAT YOU HAVE A BETTER CHANCE BETTING IN LAS VEGAS AT THE CASIONS AND GETTING YOUR MONEY BACK THEN GETTING A GOOD BROKEAGE FIRM TO GET YOU STOCK.
I WOULD LIKE TO SUGGEST THAT A LAW BE INACTED, THAT LAW WOULD GIVE THE SHARE BUYER THE OPTION TO GET CERTS FROM THE BROKEARGE AT ANYTIME. IF THE BROKEARGE CANNOT PRODUCE CERTS OF STOCKS WITHIN THE 3 DAY PERIOD, HE WOULD BE COMMITNG FRAUD AND A HEAVY FINE IMPOSED ON HIM FOR THE 1ST OFFENCE, THE SECOND OFFENCE WOULD BE HANDLES BY THE LAW AND THE COURTS.
I AM ONLY ONE PERSON, BUT THERE ARE ABOUT 40000 TO 50000 OF US SHARE HOLDERS OUT THERE. I WOULD LIKE TO SEE THIS ISSUED BROUGHT TO THE ATTENTION OF CNN, CBS,FOX AND A LOT OF OTHER CHANNELS. MAYBE IF THIS TYPE OF ILLEAGLE ACTIVIES WERE BROUGHT INTO THE PUBLIC VIEW, SOMETHINGS WOULD HAVE TO CHANGE.
ALL I ASK IS FOR THE BANKERS, BROKERS AND CLEARING HOUSES BE HELD RESPONSIBLE FOR THEIR ACTIONS. AND ALL LAWS BE ENFORCED TO THE FULLEST.