Post by dianexgetisis on Jun 27, 2005 19:06:44 GMT -5
Dear Owners Group Members, June 27, 2005
Hello to all. It has been an interesting day hearing about all of the rumors. You can rest assured that I am not engaged in any discussions involving tender offers to shareholders of any set amount. I know of no pending dividends from the company. If such negotiations are ongoing, the parties have decided not to involve me.
I am working on the followup exhibit that I referenced in our brief. This will be filed shortly.
I have received questions from many shareholders demanding to know why the Judge has not acted on our evidence. Please understand that our proof of a naked short is compelling but there is significant resistance to our evidence. The SEC has taken a position that there is no naked short position in this company. Judge Murray is not required to evaluate our evidence to see if there is cause to demand any investigation. Her job is to decide what to do with CMKM, if we do not file our financials. It is my job as your attorney to make the most of this naked short evidence. Our work is still ongoing in this area ev en though we are confident in the numbers we have. I have every intention of presenting this information to appropriate law enforcement officials at the right time.
A meeting has been agreed to with an official on the Senate Banking Committee staff for this coming Friday (7-1-05) in Washington, D.C. I look forward to presenting our evidence on Friday.
Several of the members have asked for some clarification on the Phase 2 agreement which is now available at www.cmkxownersgroup.com I will try to clear up any questions in a short update tomorrow.
Onward,
Bill
Hello to all. It has been an interesting day hearing about all of the rumors. You can rest assured that I am not engaged in any discussions involving tender offers to shareholders of any set amount. I know of no pending dividends from the company. If such negotiations are ongoing, the parties have decided not to involve me.
I am working on the followup exhibit that I referenced in our brief. This will be filed shortly.
I have received questions from many shareholders demanding to know why the Judge has not acted on our evidence. Please understand that our proof of a naked short is compelling but there is significant resistance to our evidence. The SEC has taken a position that there is no naked short position in this company. Judge Murray is not required to evaluate our evidence to see if there is cause to demand any investigation. Her job is to decide what to do with CMKM, if we do not file our financials. It is my job as your attorney to make the most of this naked short evidence. Our work is still ongoing in this area ev en though we are confident in the numbers we have. I have every intention of presenting this information to appropriate law enforcement officials at the right time.
A meeting has been agreed to with an official on the Senate Banking Committee staff for this coming Friday (7-1-05) in Washington, D.C. I look forward to presenting our evidence on Friday.
Several of the members have asked for some clarification on the Phase 2 agreement which is now available at www.cmkxownersgroup.com I will try to clear up any questions in a short update tomorrow.
Onward,
Bill
