we have 2 pipes alone, worth 800 billion, we will be a trillion $$ company..
all by the denver race,july 17, and by july 22..its time ro rock & roll now..
SEC will warm up a place for u, bashers
// CMKX Files by July 22 //
according to the securities and exchange act of 1934, CMKX had to meet the following criteria to be eligible to file a form 15-12g (Termination of Duly to file reports).
a) less than 300 shareholders or b) less than 500 shareholders and less than $10M in assets
urban met one of these conditions, and filed a 15-12g on July 22, 2003. sucks for the shareholders, but there werent that many obviously. keep in mind this was right after they bought the cybermark shell.
however, filing a 15-12g isn't a free ride forever. keep in mind that this is a PUBLIC market, and being able to not file indefinitely defeats the 'public' in the market.
as i read the act, i'm fairly certain it states the following two successive years CMKX will have to justify their 15-12g status by reaffirming that one of the above two conditions still exist. the only exception seems to be if they are a 'shell' with no tangible assets, and no active business.
with that in mind, i think UC -has- to file by July 22 of this year. with hundreds of shareholders in sterling's paltalk room alone, you figure UC will exceed the shareholder requirement. and if CMKX is paying a 7 figure sum to glenn for legal services, it's not hard to fathom they have $10M in assets now.
on June 4th, CMKX PR'd they want to be a fully reporting company, probably because at some point prior they realized they HAVE to be if they still want to be public.
read the securities and exchange act yourself. i honestly think we'll be seeing a LOT of activity prior to the 22nd!
we have huge zinc deposits, diamonds, oil, gas, gold, silver, platinum, copper, its past gigantic, possible nickel deposts, zinc and nickel run together..we have more than anyone can imagaine..
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