Post by dianexgetisis on Jun 22, 2005 6:38:12 GMT -5
To the Owners Group members:
From: John Martin
First I would like to thank each and every one of you who have helped
support this movement. There is no doubt in my mind that without your help
our company may have already been revoked, and no one would have known any
better. Because of you all, the world knows more about naked shorting, and
they know about our plight as CMKX shareholders.
I know it was very scary at first with an attorney jumping into the scene
because, unfortunately, there are bad apples in every profession, and also
unfortunately most of us have either dealt with one or have heard bad
things.
I also understand how difficult it was with some stranger jumping in and
hiring the attorney. How dare he! Who does he think he is? I agree, I would
have thought the same thing. I commend each and every one of you though for
looking past your fears, and giving Bill a chance. You now have seen what I
knew, a nd that is, that Bill is an incredible attorney who cares about his
clients. He is also the type of attorney that will jump in with both feet
for someone. He took a very big chance in this case for me, for us. He put
his 27 year law practice on the line, virtually shutting everything down so
he could work on this case. I think you all agree with me that he has done
an incredible job for us, his clients.
I have asked Bill if he would consider continuing to work for the group. His
response to me was that he would be honored to work for us if we so desired.
I immediately went to some of the most respected posters on the boards and
asked their opinions as to whether they felt the OG would like for Bill to
continue with Phase 2, and if so, how did they think Bill should word his
agreement with everyone? Every one of them stated to me essentially the same
thing. John, as long as Bill is not going to involve us in a class action
law suit, we trust t hat he is going to do everything he can to protect our
interests, we feel he should have the liberty to do what he thinks he needs
to do.
It is important to know that Bill is very sensitive to the issue of giving
his clients something for their money. I have asked him to make another
agreement and for him to put in there the few items that he wanted to
stipulate he was going to do for the fee of 25.00 per person. The only thing
he requested of me was to make sure that everyone understands that if he has
to litigate with any entities other than with the SEC over the FOIA, (which
he would like to do right away) he will need to ask for more funds. (as you
know, Bill does not like litigation because it is expensive and time
consuming, so he will come to the shareholders first before instigating
anything of this sort).
I also want everyone to know that Bill does not consider the Phase 1
agreement to be over until the Judge makes her r uling. Bill is going to
continue updating the group, and doing everything he needs to do to continue
protecting us. He is just having to go way beyond the Phase 1 activities
now, and needs to secure the agreement with all of us for the new and
upcoming work.
There have been several hundred sign ups over the last few weeks, as well as
folks that have been donating more funds. I want to be fair to all of you
and make sure that your dollars go toward the new agreement. If you have
signed up since June 1st or donated funds since the same date, please note
this on your agreement when you fill it out and we will cross check your
info with what has come in since June 1 and include you in the new group.
I know there are going to be new members joining our family, and
unfortunately there will be those who do not wish to continue with us. For
this reason I have asked the IT GUY to make a new data base for all who sign
the new agr eement. This time we will not need your information pertaining to
your holdings, but we would like your address and phone numbers. There were
several instances in which we needed a phone number over the past few months
and were not able to contact a shareholder. Do not feel you have to supply
this information if you would prefer not to..
I realize that most of you know and appreciate all that has been done by
Bill to keep our company from being revoked. I have heard concerns from many
that know that the $25 fee probably was barely enough to pay the expenses,
and they are right.
However, I would like to talk for a second to those of you (and it is only a
few) who are going to object to my asking for everyone to chip in again. I
may as well head off the arguments right up front. I have been asked many
times to post the accounting of expenses and have decided to handle it in
this manner.
Only 4223 of the 5582 have sent in their monies from the first agreement.
Bill has not brought in 140k as is being posted.
The Law Firm has transferred all new business to other attorneys. Bill took
on no new accounts, and finished the ones he was on quickly so he could
spend 100% of his time on the Owners Group. Bill has spent probably 80 hours
per week on this case. I know because I was there most of the time. If Bill
had even come close to billing us his normal rate, he would have burned up
the cash over a month ago.
Instead, he bought the equipment he needed, hired the people he needed,
(Maintained 19 people at one time for 72 hours straight just before the
hearing) he bought the stamps and paper and envelopes needed for the mail
out, travel on two trips, the phone bill was over $1200 per month, the
electric bill was more than double, the new server upgrade, the web page was
designed and built, and on and on and on. I doubt that Bill did anyth ing but
keep his doors open at most.
Most of all, I would like you all to know that I think this group is one of
the most powerful forces in our market. We have accomplished more in a few
months than anyone ever expected. Yes Bill is a good attorney, but the
reason he is so good is because you all have rallied around him.
The power of the group comes across in his documents and his actions. You
all are the reason for our success and it is extremely important we
continue to grow stronger and larger. We can accomplish far more than we
have already, and I know we will.
The Phase 2 agreement will be up on the Owners Group site after lunch
central time tomorrow (WED 22nd) at www.cmkxownersgroup.com
Thank you again for all your support and help.
John Martin
From: John Martin
First I would like to thank each and every one of you who have helped
support this movement. There is no doubt in my mind that without your help
our company may have already been revoked, and no one would have known any
better. Because of you all, the world knows more about naked shorting, and
they know about our plight as CMKX shareholders.
I know it was very scary at first with an attorney jumping into the scene
because, unfortunately, there are bad apples in every profession, and also
unfortunately most of us have either dealt with one or have heard bad
things.
I also understand how difficult it was with some stranger jumping in and
hiring the attorney. How dare he! Who does he think he is? I agree, I would
have thought the same thing. I commend each and every one of you though for
looking past your fears, and giving Bill a chance. You now have seen what I
knew, a nd that is, that Bill is an incredible attorney who cares about his
clients. He is also the type of attorney that will jump in with both feet
for someone. He took a very big chance in this case for me, for us. He put
his 27 year law practice on the line, virtually shutting everything down so
he could work on this case. I think you all agree with me that he has done
an incredible job for us, his clients.
I have asked Bill if he would consider continuing to work for the group. His
response to me was that he would be honored to work for us if we so desired.
I immediately went to some of the most respected posters on the boards and
asked their opinions as to whether they felt the OG would like for Bill to
continue with Phase 2, and if so, how did they think Bill should word his
agreement with everyone? Every one of them stated to me essentially the same
thing. John, as long as Bill is not going to involve us in a class action
law suit, we trust t hat he is going to do everything he can to protect our
interests, we feel he should have the liberty to do what he thinks he needs
to do.
It is important to know that Bill is very sensitive to the issue of giving
his clients something for their money. I have asked him to make another
agreement and for him to put in there the few items that he wanted to
stipulate he was going to do for the fee of 25.00 per person. The only thing
he requested of me was to make sure that everyone understands that if he has
to litigate with any entities other than with the SEC over the FOIA, (which
he would like to do right away) he will need to ask for more funds. (as you
know, Bill does not like litigation because it is expensive and time
consuming, so he will come to the shareholders first before instigating
anything of this sort).
I also want everyone to know that Bill does not consider the Phase 1
agreement to be over until the Judge makes her r uling. Bill is going to
continue updating the group, and doing everything he needs to do to continue
protecting us. He is just having to go way beyond the Phase 1 activities
now, and needs to secure the agreement with all of us for the new and
upcoming work.
There have been several hundred sign ups over the last few weeks, as well as
folks that have been donating more funds. I want to be fair to all of you
and make sure that your dollars go toward the new agreement. If you have
signed up since June 1st or donated funds since the same date, please note
this on your agreement when you fill it out and we will cross check your
info with what has come in since June 1 and include you in the new group.
I know there are going to be new members joining our family, and
unfortunately there will be those who do not wish to continue with us. For
this reason I have asked the IT GUY to make a new data base for all who sign
the new agr eement. This time we will not need your information pertaining to
your holdings, but we would like your address and phone numbers. There were
several instances in which we needed a phone number over the past few months
and were not able to contact a shareholder. Do not feel you have to supply
this information if you would prefer not to..
I realize that most of you know and appreciate all that has been done by
Bill to keep our company from being revoked. I have heard concerns from many
that know that the $25 fee probably was barely enough to pay the expenses,
and they are right.
However, I would like to talk for a second to those of you (and it is only a
few) who are going to object to my asking for everyone to chip in again. I
may as well head off the arguments right up front. I have been asked many
times to post the accounting of expenses and have decided to handle it in
this manner.
Only 4223 of the 5582 have sent in their monies from the first agreement.
Bill has not brought in 140k as is being posted.
The Law Firm has transferred all new business to other attorneys. Bill took
on no new accounts, and finished the ones he was on quickly so he could
spend 100% of his time on the Owners Group. Bill has spent probably 80 hours
per week on this case. I know because I was there most of the time. If Bill
had even come close to billing us his normal rate, he would have burned up
the cash over a month ago.
Instead, he bought the equipment he needed, hired the people he needed,
(Maintained 19 people at one time for 72 hours straight just before the
hearing) he bought the stamps and paper and envelopes needed for the mail
out, travel on two trips, the phone bill was over $1200 per month, the
electric bill was more than double, the new server upgrade, the web page was
designed and built, and on and on and on. I doubt that Bill did anyth ing but
keep his doors open at most.
Most of all, I would like you all to know that I think this group is one of
the most powerful forces in our market. We have accomplished more in a few
months than anyone ever expected. Yes Bill is a good attorney, but the
reason he is so good is because you all have rallied around him.
The power of the group comes across in his documents and his actions. You
all are the reason for our success and it is extremely important we
continue to grow stronger and larger. We can accomplish far more than we
have already, and I know we will.
The Phase 2 agreement will be up on the Owners Group site after lunch
central time tomorrow (WED 22nd) at www.cmkxownersgroup.com
Thank you again for all your support and help.
John Martin
