|To: StockDung who wrote (2581)||3/2/2010 3:10:58 PM|
|CMKM Diamonds Kelowna litigant has more theories |
2010-03-02 13:36 ET - Street Wire
Also Street Wire (U-CMKX) CMKM Diamonds Inc
by Janice Shell
There is another legal filing by David Nelson, the Canadian shareholder of CMKM Diamonds Inc., who late last year filed a lawsuit in Kelowna against the U.S. Securities and Exchange Commission.
Following the filing of his statement of claim, Mr. Nelson provided a number of "updates" to his cult-like followers on various Internet message boards, and has appeared at one court hearing.
About three weeks ago, he submitted a lengthy affidavit to the Kelowna court. Unlike a usual affidavit, a sworn statement of fact, this ramble reads more like an amended statement of claim, that is, full of allegations, many repeated again and again. He furnished a copy of his affidavit to his online fans, using his familiar alias "Gus Jarvis." We review it below.
The SEC's lawsuit against the CMKM Diamonds perpetrators has left the company's cult-like shareholders unsatisfied. They believe they are owed large sums, though not by the actual perpetrators of the scam. These shareholders have found a fatter goose to pluck, and now demand to be "paid" by the SEC. Their earnest pleas (and constant grumbling) have resulted in the filing of two legal actions against the commission and its commissioners. Both actions are brim-full of conspiracy theories, the likes of which were a staple of the CMKM promotion.
Mr. Nelson, a shareholder, self-filed his lawsuit on Nov. 6, 2009, at the Supreme Court of British Columbia in Kelowna. A. Clifton Hodges, a Pasadena lawyer, filed his, a class-action, on Jan. 8, 2010, in U.S. Federal Court.
In Mr. Nelson's affidavit, he swears that now he, not the CMKX Shareholders Coalition for Justice, is the plaintiff: "I am the Plaintiff in this proceeding and as such have personal knowledge of the matters and facts hereinafter deposed to, save where stated to be on information and belief and where so stated I verily believe the same to be true." It comprises a few facts and a great many beliefs.
Mr. Nelson appears to have to some extent changed his mind about why he is suing the SEC. In the statement of claim, he alleged that the SEC had, through negligence, failed to stop the CMKM fraud in a timely manner, and that they further "colluded" with unnamed perpetrators in the supposed naked shortselling of CMKM stock. In the affidavit, he mentions those claims only briefly before going on to incorporate many elements of the complaint filed by Mr. Hodges in California -- the sting operation, the "frozen trusts", and of course the $3.87 trillion monetary demand -- all of which he believes to be true and well founded.
According to Mr. Nelson, all of the above has been clearly proved by Mr. Hodges, whose case "confirms CMKX was used as a vehicle in a sting operation, and statements made in the case are now confirmed by talks taking place to release the money from the frozen trust accounts between Al Hodges and the SEC and other Government entities."
As evidence he cites talks with lawyer Mr. Hodges. "In preparation for my filing I have had discussion with Al Hodges and he has confirmed directly to me that these trusts are there and the funds have been collected. His lawsuit is only to force the release of the already collected funds. Several plaintiffs who hired Al Hodges in this case have confirmed on public forums [that is, Internet message boards] that talks and actions are ongoing to release these monies, but the U.S. Government has repeatedly lied about the release of those funds, sending codes to release the money that did not work, and that money was missing out of the trust fund when access codes worked."
There follows a lengthy recitation from Mr. Hodges's complaint, which includes a number of astonishing allegations: "To fulfill the plan to criminally trap such wrongdoers, the Securities and Exchange Commission, with assistance from the Departments of Justice and Homeland Security:
"Encouraged the company to expand its promotional activities, assisted in the setup of the "racing activities" [CMKM sponsored a NASCAR Funny Car] of the company, and underwrote a substantial portion of the cost of such activities;
"Consented to, facilitated, and supported the sale of certain company [mineral claims to several foreign corporations;
"Consented to, facilitated, and supported the conferences between Robert A. Maheu and his associates on the one hand, and the wrongdoing short sellers on the other, all for the purpose of settling the potential liability of said wrongdoers with consent of the U.S. Government."
In addition, the SEC supposedly "consented" to the hiring of D. Roger Glenn, at one time CMKM's lawyer, and to the payment of stock dividends in shares of several companies related to CMKM. Both Mr. Hodges and Mr. Nelson mistakenly believe that Roger Glenn was the "drafter of [the] Sarbanes-Oxley [Act]."
"NSS" once more
Having read Mr. Hodges's allegations into the record, so to speak, Mr. Nelson mounts his favourite hobbyhorse, naked shortselling. In a breathtaking excursus on "collusion between the hedge funds, Wall Street firms, the SEC, DTCC, SIFMA [Securities Industry and Financial Markets Association], and the Federal Reserve," he veers off into a discussion of Bernie Madoff's crimes: "Bernie Madoff is just a small example of collusion that takes place on wall street, one in which the criminals made all the rules, one in which you don't even have to sell the public real shares. Here is from the Wall Street Jounal's Ianthe Jeanne Dugan, Feb. 21 2009: 'The trustee liquidating Bernard Madoff's investment firm said there was no evidence that Mr. Madoff bought any securities for clients in at least 13 years.'"
It is difficult indeed to see what Mr. Madoff's Ponzi scheme, which did not involve the actual trading of any stock, "real" or otherwise, has to do with CMKM. Mr. Nelson appears to believe that Mr. Madoff was "counterfeiting" stock (and options), rather than simply accepting money and pretending to invest it.
Mr. Nelson's concerns about "NSS" are so great that he plans to extend his suit to much of the penny stock market, "introduc[ing] dozens of examples of victim companies and how the SEC followed the same modus operandi of protecting the perpetrators at the expense of the victim companies, their employees, and the unsuspecting public who bought counterfeit shares in those companies." One of these "victim companies" is Eagletech, which was successfully sued by the SEC in 2005; its registration was revoked (like CMKM's) in 2006.
He says that now he also "seeks a full public enquiry into Canadian regulatory agreements with the SEC and a public enquiry into all thirteen Canadian Securities Regulators and the SEC themselves." That, however, may not be enough: since the RCMP, the DOJ, the FBI, the IRS, Homeland Security, and Interpol have all worked together at times, and, Mr. Nelson believes, knew the "size and scope" of the "NSS" fraud, they too, "and others to be named," should be investigated.
On Feb. 8, Mr. Nelson made his first appearance in court. The purpose of this hearing is unclear, given that the defendants have yet to be properly served in the case.
His online account of what transpired at the hearing is, alas, an imprecise narrative, but he was pleased with the outcome: "I was nervous I must admit, but I nailed a speech that asked the judge for the release of 3.87 trillion dollars to fifty thousand shareholders who are on the victim identification list handed in by CMKM Diamonds, which I produced the update from their website showing this was true."
He further reported that "the judge looked proud of me and there was an emphasis that they had looked this over, this was no normal case my friends."
Quite so. It is a most unusual case, but judges can be inscrutable, often allowing litigants to believe their case has received a favourable hearing. Sometimes even a goggle-eyed stare and a dropped jaw can be interpreted as an expression of pride.
Mr. Nelson is now accepting donations to help with his legal costs. He claims to have received more than $3000 so far, and plans to hire a lawyer to explain how to execute proper service on the SEC, something he has so far neglected to do. He has also announced his intention to issue two press releases about the suit in the very near future.
With a flash of bravado, Mr. Nelson warns: "If we are not paid by next week the heat will be turned up one hundred percent".
The saga continues.
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|From: StockDung||3/12/2010 2:21:23 PM|
|Dealing With Fraud by Denial By FLOYD NORRIS|
March 11, 2010
Years after Charles Ponzi was imprisoned for a fraud that cost victims millions of dollars in 1920, the state of Massachusetts determined it had recovered all the assets it could, and began to distribute them to victims, who stood to receive less than 30 cents for each dollar they invested.
To get the money, the victims had to turn over the notes they had received from Ponzi. But many of them refused to do so when the cash was offered in 1931.
Those who refused, wrote Donald Dunn in his book, “Ponzi: The Incredible True Story of the King of Financial Cons,” were “holding onto the belief that Ponzi somehow would yet make good on his promise of 50 percent interest.”
He did not.
That was probably not the first, and certainly not the last, example of what might be called “buyer’s denial.” It is the belief that somehow a fraud was not what it seemed to be, and that there was still a way to avoid losing the money the victim had foolishly invested.
“One has to ignore a lot of data to come to that conclusion. But that may be better than having to admit to yourself that it is over and you’re never going to get your money back,” said Dean G. Kilpatrick, the director of the National Crime Victims Research and Treatment Center and a professor at the Medical University of South Carolina. “It stands to reason that some would prefer to believe something else.”
To conclude that, it may be necessary to believe that there is some large conspiracy involving the government. Otherwise, why would prosecutors have wrongly claimed there was a huge fraud?
Perhaps the largest case of “buyer’s denial,” at least in terms of alleged damages, is in the fraud involving a tiny company known as CMKM Diamonds, which purported to have valuable diamond mining claims. In reality, what it had was a publicity machine, including the sponsorship of a car at “funny car” races around the country.
Several shareholders in CMKM — some of whom kept buying shares after the government exposed the fraud — want 10 current and former commissioners of the Securities and Exchange Commission to pay them $3.87 trillion, an amount equal to about half the United States government debt in public hands. You might think that would be enough, but the suit claims those are merely compensatory damages. They also want punitive damages, but do not cite a figure.
That is an impressive amount for a company whose last published balance sheet showed total assets of $344. That is dollars, not millions.
The tale the shareholders tell, in a lawsuit filed in January in federal district court in Santa Ana, Calif., is of a conspiracy involving not just the S.E.C., but also the Justice Department and the Department of Homeland Security.
Before getting into their view of reality, we’ll look at the record as developed in court cases filed by the S.E.C. and the Justice Department.
By their account, CMKM Diamonds illegally issued hundreds of billions of shares of stock, which insiders proceeded to sell into the market while the company issued a series of false news releases and failed to file required financial statements with the S.E.C.
With volume in the stock reaching billions of shares a day, the company needed an explanation for where all those shares came from. Disclosure that the company was simply printing them might have alarmed even the least astute investor.
CMKM came up with an explanation that would also be used later by another “pump and dump” fraud named Universal Express. It blamed “naked” short-selling by criminals who had sold shares they had not borrowed beforehand.
Eventually, the S.E.C. ordered a temporary halt to the trading, citing the lack of public information on the company. The insiders kept selling shares, earning a total profit of at least $64 million, according to the government.
The case stands as a tribute to the ineffectiveness of civil remedies against determined crooks. The S.E.C. sued the insiders in federal court in Nevada. Most of them did not bother to reply. The S.E.C. got an order requiring John Edwards, a British citizen said to be the mastermind of the fraud, to pay $55 million in restitution, damages and interest. He left the country.
Urban Casavant, the company’s chief executive and the man who ran the publicity machine, was ordered to pay almost $69 million, but did not. He moved to Canada.
Both of those men, along with four other people said to have been involved in the fraud, were indicted by a federal grand jury in Nevada. Mr. Edwards is fighting extradition from Britain. Mr. Casavant is a fugitive.
The other view of CMKM is advanced by A. Clifton Hodges, a lawyer in Pasadena, Calif. In his class-action suit representing shareholders, and in an interview, he maintained that the government had set up a sting to catch the criminals who were doing the naked shorting.
The government had, the suit says, “evidence that short-sellers were utilizing their activities to illegally launder moneys, wrongfully export moneys, avoid payment of taxes and to support foreign terrorist operations.”
The government supposedly set up a sting using the services of Robert Maheu, a former F.B.I. agent and associate of Howard Hughes, who briefly served as a director of CMKM and complained that he was not paid. Mr. Maheu has since died.
The government now should distribute to shareholders the money it made on the scheme, the suit maintains. It does not explain how it arrived at a number in the trillions.
Mr. Hodges told me he had evidence to back up his case, but would not reveal it now.
He said the suit is allowed under a 1971 Supreme Court decision that allowed victims of ostensibly improper searches by federal narcotics agents to sue the agents as individuals, even though they could not sue the government. He thinks that justifies suing everyone who was an S.E.C. member from 2004 to the present.
Mr. Hodges told me that he could produce testimony from an unnamed witness who had heard Christopher Cox, then the S.E.C. chairman, direct that no enforcement action be taken against CMKM. Mr. Cox declined to comment, citing the pending litigation, but it is worth noting that the S.E.C. did file enforcement actions against the company while Mr. Cox was at the helm.
Mr. Hodges told me he has the phone number of Mr. Casavant, the fugitive former chief executive, in the Canadian province of Saskatchewan, and had spoken to him. He would not provide the number.
While pursuing his own theory of what happened at CMKM, Mr. Hodges does not seem to have done an especially thorough job of keeping up with the official version. The federal indictment of Mr. Casavant was unsealed in September, six months ago. But when I spoke to him this week, Mr. Hodges told me that Mr. Casavant had not been indicted.
Because I had written about CMKM several years ago, several shareholders brought this suit to my attention. When I told one I believed that the suit was unlikely to succeed, another called to ask me if the government was paying me off to suppress the news.
If the suit is dismissed, those shareholders are not likely to conclude that the claim is nonsense. Instead, they probably will see the dismissal as proof of an even larger conspiracy. Buyer’s denial can be a powerful thing.
Floyd Norris comments on finance and economics in his blog at nytimes.com/norris.
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|To: DanDerr who wrote (2584)||5/13/2013 1:23:31 PM|
|Re CMKX - demand for $3.87 trillion from the SEC commissioners - May 13 2013 Petition DENIED.|
Title: David Anderson, et al., Petitioners
Christopher Cox, et al.
Docketed: March 20, 2013
Lower Ct: United States Court of Appeals for the Ninth Circuit
Case Nos.: (11-55169)
Decision Date: December 19, 2012
~~~Date~~~ ~~~~~~~Proceedings and Orders~~~~~~~~~~~~~~~~~~~~~
Mar 18 2013 Petition for a writ of certiorari filed. (Response due April 19, 2013)
Apr 16 2013 Waiver of right of respondents Christopher Cox, et al. to respond filed.
Apr 23 2013 DISTRIBUTED for Conference of May 9, 2013.
May 13 2013 Petition DENIED.
~~Name~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~Address~~~~~~~~~~~~~~~~~~ ~~Phone~~~
Attorneys for Petitioners:
A. Clifton Hodges 4510 East Thousand Oaks Blvd. (805) 371-7515
Westlake Village, CA 91362
Party name: David Anderson, et al.
Attorneys for Respondents:
Donald B. Verrilli Jr. Solicitor General (202) 514-2217
Counsel of Record United States Department of Justice
950 Pennsylvania Avenue, N.W.
Washington, DC 20530-0001
Party name: Christopher Cox, et al.
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|From: DanDerr||5/14/2013 7:21:22 PM|
|We already have been at the World Court/International Court being represented there to release our funds the past 2 years, Peter Maheu went before the US Surpreme Court to have our funds released in camera. Review where we all have been. |
Mr. Hodges has petitioned Her Majesty Queen Elizabeth the II House of Windsor to have our funds released. This is VERY IMPORTANT to know this. Her Majesty Queen Elizabeth the II House of Windsor she took and oath to protect the Common Law Rights of Common Law man(God's Law) which also includes WE THE PEOPLE as Common Law Man with Inherent Rights Why is this important?
Mr. Hodges has been operating the Bivens according to the ORGANIC/ORIGINAL CONSTITUTION and not the constitution of the corporation of the United States. The US Supreme Court has been attempting to protect the corporation of the United States under her majesty the crown corporation of London at that time, not Her Majesty Elizabeth the second of the House of Windsor. When we begin to comprehend what was done to us and the importance of TITLE/NAME the realm of jurisdiction will open our minds to the way our ForeFathers wanted things to be for us and protected those Inherent Rights and Common Law Rights.
I know this is confusing because you believe to be American's yet America still falls under the Jurisdiction of the Her Majesty Queen Elizabeth II House of Windsor. Reverse engineer American History and evidences and facts begin to reveal themselves how both united states of America was changed into the United States of America Corporation.
THERE IS ANOTHER QUEEN OF LONDON its a TITLE for the CORPORATION OF LONDON also KNOWN AS THE CROWN. When court proceedings take place and the CROWN is prosecuting they are doing so under STATUTORY LAW the lowest of law, statutory law is the lowest form of law and only operates within government and government agency, Common Law is the Highest Law of the Land which all of us both Americans and Canadians realize that this has been hidden from us through the corrupt court systems and we subject ourselves believing what the government dictates, and they use for short the CROWN to trick us and we NEVER QUESTION WHO ARE YOU?
. Just like Federal Reserve people think it is a function of the government we learned its a Private Bank/Cartel. Same goes for the CROWN it represents the CROWN CORPORATION OF QUEEN OF LONDON
Mr. Hodges has done what no other Attorney in the united states of America EVER ATTEMPTED TO DO is operate and plead out Bivens Case through the ORANGIC/ORIGINAL Constitution.
I would write more on this and perhaps I will to help teach what has been taken from all of us through the corruption of the past 100 plus years
Read more: tfant53.proboards.com
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|To: DanDerr who wrote (2586)||5/14/2013 7:55:22 PM|
|...they are doing so under STATUTORY LAW the lowest of law, statutory law is the lowest form of law and only operates within government and government agency, Common Law is the Highest Law of the Land which all of us both Americans and Canadians realize that this has been hidden from us through the corrupt court systems and we subject ourselves believing what the government dictates, and they use for short the CROWN to trick us and we NEVER QUESTION WHO ARE YOU? |
The Ignorance Quotient cannot be measured...
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|From: DanDerr||5/15/2013 9:12:34 AM|
|From: DanDerr||5/15/2013 9:10:30 AM|
| || of 3504|
|More insanity! But great for laughs...|
14 May 2013, 08:13 PM CDT
Rating: Rate this post:
|Msg. 1175199 of 1175266 |
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| BHOLLENEGG says AL was expecting this victory at the Supreme Court and now the company can move forward. this was exactly what BOB and AL were hoping for. this is the best news ever!|
14 May 2013, 08:17 PM CDT
Rating: Rate this post:
|Msg. 1175202 of 1175267 |
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| everyone in the know realizes the outcome from the Supreme Court was PERFECT!|
we got we came for. AL was hoping for the rejection since it would put SHORTY in a real bind.
BHOLLENEGG said as much when he said, don't be surprised at the outcome. many won't understand it but it will be exactly what we need to happen.
BOB and AL say, count your blessings because this is it. we won as a result of this decision and now we can move forward in the next few days. if it's not the next few days it will be a few after that. but whatever, we won and you know we won because it just feels like we kicked butttt on the Supreme Court and they know we know we won and they lost. YAHOO!! time to CELEBRATE!
| HARV knows what's what. AL did the WHAT-toosie on the Supreme Court and now they are in trouble.|
this was exactly what AL was working toward.
word is they may make AL the Supreme Court Chief Justice.
i know it's hard to believe but many insiders are saying AL's brief was so good they are thinking of replacing Justice Roberts with Justice Hodges.
once Al becomes Chief Justice we will be paid.
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|From: DanDerr||12/27/2013 12:24:30 PM|
|The Definition of Insanity - Al Hodges:|
|janice shell ||Wednesday, 12/25/13 11:45:47 PM |
|Re: 'ttotuc |
|Post # of 340432 |
He needs to be institutionalized.
Hodges and Associates - 12/25/13 "THE IMPOSSIBLE DREAM"
FIGHTING THE IMPOSSIBLE DREAM
To dream ... the impossible dream ...
To fight ... the unbeatable foe ...
To bear ... with unbearable sorrow ...
To run ... where the brave dare not go ...
To right ... the unrightable wrong ...
To love ... pure and chaste from afar ...
To try ... when your arms are too weary ...
To reach ... the unreachable star ...
This is my quest, to follow that star ...
No matter how hopeless, no matter how far ...
To fight for the right, without question or pause ...
To be willing to march into Hell, for a Heavenly cause ...
That is the real reason I became counsel for seven brave travelers of similar mind and spirit some five plus years ago. I was frustrated by all the B.S. continually being fed to the CMKM Diamonds Inc. shareholders, I was confused by the fact that no one appeared to ‘be in charge,’ and I was perplexed by so many years having already passed since I had been told by the “founders” that “.... it will all be history within no more than a year.” I was simply overcome with a compulsion to get to the bottom of what was taking place with my not insubstantial investment in this public company, CMKX. Accordingly, because I then enjoyed the luxury of time and resources, I dove in head first and was soon consumed on a full time basis with pursuing the answer to my quest; I can assure you all that it seemed at that point to be an impossible dream.
I did not begin this quest out of a sense of arrogance, power madness, or other such motive; I began this quest because of the vacuum that existed. After some reflection I began to appreciate that I might be the only substantial shareholder with the proper mix of professional skill, investigative skill, intellectual impetus and stimulus, and where-with-all to pursue it. I do not intend to recite here the efforts and travails of the intervening years; some have already been published – the rest will have to await another time.
What I do wish to discuss in this message is some of the reasons for the extremely protracted delay in achieving resolution. In that regard, please understand that circumstance still constrains what I can relate and what must remain, at least for the moment, hidden. To repeat myself again, “...I have previously stated, we have confronted, with added pressure from the ‘lien-holders,’ the vilest, most contemptible, well financed forces for evil on the planet – and we have won!” As I have previously stated, some many months later, that must seem to have been an idle boast. However, it does reflect the mighty struggle that has been raging in the shadows.
The essence of the delay relates directly to the relatively small role CMKX has played in this developing correction. I use those words specifically, and intentionally, to convey what this has been all about. It has not only been about Wall Street, or financial corruption, or fiat currency, or political corruption, or concentration of all the world’s resources in the hands of a few such that the rest of the population become slaves, or the allowance by the American public of having their Constitutional Republic craftily usurped and replaced with a Corporation, or any combination of such ‘horribles;’ it has rather been about all of these things and more. It has been about the US of A and every other civilization on this planet; it has been about returning the US of A to its rightful intended form of government; it has been about crafting a successful and transparent global financial system based on real values; it has been about agreeing with all of our neighbors to a system of trade balance such that the playing field is equally available to all and represents fairness to each; it has been about allowing the world’s resources, both natural and financial to be equitably allocated among all civilized nations; and, it has been about preparing the world for the future.
You’ve heard me state repeatedly that we’ve won; in the face of that you wonder all these many months later why I would lie to you and/or misrepresent the state of affairs. Indeed, I would not do so under any circumstance of which I can conceive, so, let me be perfectly clear: we won the battle over CMKX and our right to be compensated for those wrongs perpetrated against us . I did not mean to suggest when making that statement that the battle was over – if some were left with that impression, I apologize for the inadequacy of my expression. I tried repeatedly to make clear that the battle raged on, and would so continue, until such time as we had received ER. ER was then defined on multiple occasions as receipt by another of my clients of the BASEL approved funds due to be paid to him for the express purpose of conducting the US Dollar Refunding Project, a part of the World Global Settlements (WGS), as is the Global Currency Reset (GCR).
As I have set forth in essentially every legal document and every CMKX Update, achieving ER was a sina qua non to the CMKX shareholders being paid; the reason is a simple one – THAT’S THE WAY THE ENTIRE GAME PLAN WAS STRUCTURED. The fact that the game plan was set up that way became a great stimulus to me to get involved with the WGS and GCR; it simply became the only means available to ‘hurry up’ the CMKX pay-out. No one insisted I become involved and no one has paid me to be involved; however, I have picked up several new clients along the road, and I hope to assist them in their socially responsible efforts after these WGS/GCR programs become realized.
I tried originally to focus the attention of the shareholders on receipt of ER because I had received advice that such receipt would not only be public, but in fact would be the last item completed on the G-20 approved BASEL List of items to be accomplished necessary to support the World Global Settlements and the Global Currency Reset. Accordingly, I concluded, based upon all the information I had discovered, that the CMKX ‘packages’ would be delivered right after the receipt of ER, mostly as a result of the mandate that CMKX moneys be paid out in asset-backed currency. However, the miscreants came to the very same conclusion and have focused intensely on preventing Economic Receipt by any and all means possible.
Their efforts have involved literally every means possible; if you can conceive of it, it is a method/approach the cabal has taken advantage of and utilized. To counteract such behavior, the “sting” approach has been utilized frequently and repeatedly by the ‘good guys.’ The most recent example of this concerns the expected RV of the Iraqi Dinar [IQD] currency, part of the Global Currency Reset. Because of their high exalted status, many Congressional seat holders and other D.C. ‘bigwigs’ were originally allowed to convert their IQD holdings to Bank SKR’s, or Safe Keeping Receipts; these were originally done at various rates of expected exchange value which was in most cases substantially below the rumored $32.00 rate. These same people were recently [w/i the last six weeks] given the opportunity to convert these SKR’s to GFR’s, or Guaranteed Fund Receipts; at that same time they were generally provided approximately 10% of the GFR value in cash equivalents with the express promise that said cash would not be utilized to purchase more IQD. We are currently advised that many thousands violated such proscription almost immediately. Some of these people will be resigning their offices and some others will undoubtedly be prosecuted. Use of these continuing “sting” operations has helped to weed out those who continue to support the cabal and accede to their instructions; most of the other ‘miscreants’ have been arrested one or more times [Timothy Geithner for example has been arrested more than four times] and currently face prosecution in the near future.
The cabal is finished! Most of the high-level and medium-level people, both in and out of government, have by now either been “stung” or arrested, and now face some combination of disgrace, loss of financial advantage, loss of position of power, loss of official office, and/or near term prosecution. In my opinion, having closely monitored the events as they occurred, we have reached the position of imminent conclusion. Although it is very difficult to appreciate the length of time this has taken, I can now accept that the acts involved were necessary to accomplish the goals sought. As a result of this opinion and now having a fuller understanding of both the goals, and the accomplishments to date, I will once again stick my neck out to advise you all that your journey is all but over.
It is my opinion, based not only on what I am told each day by those at the top of the new powers that be, but more importantly on the status of the imminent Global Currency Reset. Its status is important because it cannot become a public fait accompli without the US Treasury becoming a hard-metal asset backed issuer of US currency. Accordingly, when you publicly see the Global Currency Reset you will know that we have an asset backed currency, and you will know that we have received ER. Every indication from every credible source is that the Reset will become public today, tomorrow, the next day, or certainly by January 1, 2014.
I cannot guarantee this of course, but it does represent my best opinion based on all available information. I can absolutely assure you that the wonder of what you are so soon to experience – REALITY – will mightily blow away any doubt, disbelief, bitter humor, or unhappy memories that recent experiences have encouraged and supported. As I have said in the past, “you will be paid a great deal more than any have the right to expect [based on the amount of [your] investment]. In addition, you will receive a payment for the unconscionable length of payment delay.”
Ps. Let me take this opportunity to wish each and every one of you a very Merry Christmas, Happy New Year and Joyous Holiday Season.
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