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Technology Stocks : CKCM: Click Commerce, Inc.
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To: Tom Caruthers who wrote (88)9/21/2006 1:05:29 AM
From: NightOwl   of 90
 
I see that CKCM's still on the regSHO threshold fraud list... And has been all but a handful of days since 2005. (I didn't look earlier than August).

So then... what happens at the closing when the Stock Transfer Agent reports that CKCM has over 100% of the legally outstanding shares waiting to be paid?

...Draw lots? ...Reduce the $22.75 per share payout in proportion to the percentage of FTDs still existing? ...Make the dead beats who never delivered pay the difference? <Haa><Don't Hold Breath><Hoo>

Something tells me that there won't be any last minute spikes over $22.75... but then I would have thought the thieves would have covered enough of the FTDs to drop the number remaining under regSHO's 61,000 minimum by now.
ftp://ftp.nasdaqtrader.com/symboldirectory/regsho/
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