quote:Originally posted by Upside: originally posted by Will: I'll do you one better, anyone wanna make book on how long it takes before Urban and Melvin leave the country?
Maybe both...US and Canada. Then there is South America.
posted
...and you know what Wallace? They'll be here and/or other places telling people this is just a conspiracy, a trick by the MM's in collusion with the SEC and DTC, trying to shake them, and swearing to god this is a play of a lifetime now. "Buy all you can while it's on sale at these discounted prices, I am still accummulating", and there will still be some willing to listen. The most my tuition bill can be is $350, sure would have hated to have paid $25,000+ to understand this stock, holy crap!
quote:Originally posted by Wallace#1: The very sad thing is that there were people sucked into buying because of certain posters that were trusted. They believed their rhetoric and then climbed on the bandwagon (aka witch hunt). It's not over yet, but I think it will be a very sad and hard lesson for many.
Cannot say we didn't try to warn them.
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
That is exactly what they're saying now Will. A popular theory is that the market makers and the SEC are somehow in cahoots in some huge naked short conspiracy. This gets better by the minute.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
I never tried to warn anyone. I only asked that if it is such a great play why wasn't the management more forthright and forthcoming. If you have "the goods", why do you have to be ambiguous, and borderline decpetive? There was no checking the faithful's reality. They took it personally as criticism, and lashed back with insults and efforts to embarrass.
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Don't write off your $350 just yet though Will because remember, according to ElCamino, "they got"!
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
I have movers coming tomorrow. It's my bedtime, and I'll be busy most of the day. Upman, Wallace, I'm sure you know my feelings, and I'm sure my feelings will be well represented in your posts. Sincerely I wanted to make some chaching ($), off of this stock. I knew in my heart you guys were right. I am/was skeptical, but didn't want to hear yas, I hoped for the best. It's funny that even being a doubter, I wanted to believe, and ignore your cautions, but your posts delt in reality, the faithful's in hopes, wishes, dreams, theories. Most of your facts were supported by past events, and proven. Their's dealt with the future, and when they failed to materialize they mounted a new horse and the old horse was never to be seen again, just gone and never mentioned, replaced by new more unbelievable mount. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Stop it Will, I'm crying all over my keyboard here. Goodnight all, see you all tomorrow for another CMKXtreme day! Good luck with the move Will.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
People don't change. Urban is following suit as the manipulator he is. Son of a gun this was a very expensive lesson.
Posts: 415 | From: CA | Registered: Jun 2004
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who's still going to the party???? I am not as hip nor up to speed in regards to having paltalk....are they even talking about the party and if anyone from "management" will show up?
------------------ 78.23% of all statistics are made up on the spot...The other 35% are made up later on.
Posts: 305 | From: Any Airport, Air Line Lounge or Time Zone | Registered: Apr 2004
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posted
This is just my personal opinion, but may be if you guys didn't try so hard to warn people more people would listen to you! I just can't imagine any one spending this much time warning some one about a stock. I can see giving your point of view once a day may be, but all day. Just makes the picture look funny. There must me HOTTER Stocks out there you could be actually playing with! I'm not saying this is or isn't a scam yet. If it really is a scam then you are right. It will be a hard lesson for some. As for my self, I've lost more on playing the Old Kmart shares then I will on this one if in fact you turn out to be correct on your thinking. You guys have a great day.
August Focus Stock Update
CMKM Diamonds, Inc. (CMKX)
Trading in US Canadian Minerals (a CMKX dividend stock) Temporarily Suspended Only One Day after its 3-for-1
Forward Stock Split
On Wednesday, October 27 U.S. Canadian Minerals (USCA) announced that the company’s 3-for-1 forward split had been declared effective. The former symbol for the company was UCAD. This restructuring of the company will allow for the pursuit of additional avenues of financing and future acquisitions. Rendal Williams, CEO of USCA, stated: “With the split and new symbol now effective, the company will continue pursuit of its goals as stated by the board of directors. We expect to have some exciting announcements in the next few days.”
Later that same day, USCA announced it completed the acquisition of a controlling interest in a new processing plant in Buza, Ecuador. The first stage of the facility is 95% complete. The first stage of the plant will have capacity to process approximately 70 tons of gold ore per day. When completed, the second stage of the plant will have processing capacity of approximately 400 to 500 tons of gold ore per day.
In the same announcement, Rendal Williams stated, “… Through our commitment to CMKM Diamonds and Nevada Minerals, USCA is working diligently to expand its production facilities to stay ahead of the processing requirements of the American Shaft gold ore production.”
The next morning, today Thursday October 28, trading of shares in USCA were suspended by the SEC until the end of day on Nov. 10. The SEC said it took action because of questions regarding the accuracy of publicly disseminated information regarding the company’s financing and mining activities and the value of its assets. However, The Green Baron Report expects the shares of USCA to begin trading again at some point next week based on what we believe are unfounded allegations against the company.
Strangely enough, it also came to light this morning that the Saskatchewan Financial Services Commission has delegated to the Director of the Securities Division for a special inquiry that was initiated on October 26. The officers of CMKM Diamonds including Melvin O’Neil are being asked to produce supporting documentation to evidence the possibility of trading unregistered shares of CMKM Diamonds back when the stock carried the symbol CMKI and CMKM. The individuals and related companies are being asked to provide a response by November 9, 2004.
The Green Baron Report thinks now more than ever it is obvious a short position exists in the shares of US Canadian Minerals (USCA) and CMKM Diamonds (CMKX). We strongly believe we have just witnessed a consorted all out effort to tarnish the images of CMKM Diamonds and US Canadian Minerals. On the day following a statement by CEO Rendal Williams to expect “some exciting announcements in the next few days”, and only one day before a huge CMKX/USCA shareholder appreciation event begins in Las Vegas, two separate attacks have been launched with precision. US Canadian Minerals stock had also just rallied strongly again on Wednesday to close at a split adjusted $5.65 (pre-split $16.95). Anyone short this stock would have experienced tremendous losses over the past month.
Although a formal statement has not been issued in response at this hour by either company, we expect both CMKM Diamonds and US Canadian Minerals to successfully and quickly resolve any questions that are being raised by the interested parties. U.S. Canadian Minerals just got done announcing on Tuesday October 25 that it had initiated preparations for compliance with the upcoming additional requirements under the Sarbanes-Oxley Act of 2002. The Green Baron Report notes that this is typically not the type of announcement that comes from a company that has done something wrong.
It seems very odd that the Saskatchewan Financial Services Commission chose this precise moment to inquire about trading activity that probably took place a year ago in CMKM Diamonds. The Green Baron Report is convinced there are other forces at hand that do not want CMKM Diamonds to be successful, and they chose this exact moment to launch its smear campaign.
The Green Baron Report has been told that former SEC attorney D. Roger Glenn will be involved in responding to both inquiries. Again, we are confident that Mr. Glenn’s vast experience with the SEC will resolve these issues in a very timely and professional manner. In the meantime, we will gladly wait for resolution of these matters, and for CMKM Diamonds to become what we still believe will be The Stock Play of a Lifetime.
[This message has been edited by GHOST (edited October 29, 2004).]
quote:Originally posted by highwaychild: Did anyone get their 3 to 1 forward split shares before this happened? I use Ameritrade and I didn't get mine yet. Could this be what this is really all about? Just seems like a ploy to me with the timming of this.
Not me. I use Ameritrade. I called them yesterday and they told me they were waiting for the company to tell them what kind of shares as in restricted or not. We all know they will be restricted though.
who's still going to the party???? I am not as hip nor up to speed in regards to having paltalk....are they even talking about the party and if anyone from "management" will show up?
See my post on page 23 @ 14:25 Good luck to all, Steve
Posts: 259 | From: Rogers, AR | Registered: Oct 2003
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posted
The Green Baron Report CMKM Diamonds, Inc. (CMKX)
Trading in US Canadian Minerals (a CMKX dividend stock) Temporarily Suspended Only One Day after its 3-for-1
Forward Stock Split
On Wednesday, October 27 U.S. Canadian Minerals (USCA) announced that the company's 3-for-1 forward split had been declared effective. The former symbol for the company was UCAD. This restructuring of the company will allow for the pursuit of additional avenues of financing and future acquisitions. Rendal Williams, CEO of USCA, stated: "With the split and new symbol now effective, the company will continue pursuit of its goals as stated by the board of directors. We expect
to have some exciting announcements in the next few days."
Later that same day, USCA announced it completed the acquisition of a controlling interest in a new processing plant in Buza, Ecuador. The first stage of the facility is 95% complete. The first stage of the plant will have capacity to process approximately 70 tons of gold ore per day. When completed, the second stage of the plant will have processing capacity of approximately 400 to 500 tons of gold ore per day.
In the same announcement, Rendal Williams stated, "… Through our commitment to CMKM Diamonds and Nevada Minerals, USCA is working diligently to expand its production facilities to stay ahead of the processing requirements of the American Shaft gold ore production."
The next morning, today Thursday October 28, trading of shares in USCA were suspended by the SEC until the end of day on Nov. 10. The SEC said it took action because of questions regarding the accuracy of publicly disseminated information regarding the company's financing and mining activities and the value of its assets. However, The Green Baron Report expects the shares of USCA to begin trading again at some point next week based on what we believe are unfounded allegations against the company.
Strangely enough, it also came to light this morning that the Saskatchewan Financial Services Commission has delegated to the Director of the Securities Division for a special inquiry that was initiated on October 26. The officers of CMKM Diamonds including Melvin O'Neil are being asked to produce supporting documentation to evidence the possibility of trading unregistered shares of CMKM Diamonds back when the stock carried the symbol CMKI and CMKM. The individuals and related companies are being asked to provide a response by November 9, 2004.
The Green Baron Report thinks now more than ever it is obvious a short position exists in the shares of US Canadian Minerals (USCA) and CMKM Diamonds (CMKX). We strongly believe we have just witnessed a consorted all out effort to tarnish the images of CMKM Diamonds and US Canadian Minerals. On the day following a statement by CEO Rendal Williams to expect "some exciting announcements in the next few days", and only one day before a huge CMKX/USCA shareholder appreciation event begins in Las Vegas, two separate attacks have been launched with precision. US Canadian Minerals stock had also just rallied strongly again on Wednesday to close at a split adjusted $5.65 (pre-split $16.95). Anyone short this stock would have experienced tremendous losses over the past month.
Although a formal statement has not been issued in response at this hour by either company, we expect both CMKM Diamonds and US Canadian Minerals to successfully and quickly resolve any questions that are being raised by the interested parties. U.S. Canadian Minerals just got done announcing on Tuesday October 25 that it had initiated preparations for compliance with the upcoming additional requirements under the Sarbanes-Oxley Act of 2002. The Green Baron Report notes that this is typically not the type of announcement that comes from a company that has done something wrong.
It seems very odd that the Saskatchewan Financial Services Commission chose this precise moment to inquire about trading activity that probably took place a year ago in CMKM Diamonds. The Green Baron Report is convinced there are other forces at hand that do not want CMKM Diamonds to be successful, and they chose this exact moment to launch its smear campaign.
The Green Baron Report has been told that former SEC attorney D. Roger Glenn will be involved in responding to both inquiries. Again, we are confident that Mr. Glenn's vast experience with the SEC will resolve these issues in a very timely and professional manner. In the meantime, we will gladly wait for resolution of these matters, and for CMKM Diamonds to become what we still believe will be The Stock Play of a Lifetime.
posted
NEW YORK (Dow Jones)--Canadian securities regulators in the province of Saskatchewan have issued an order temporarily enjoining insiders of CMKM Diamonds Inc. (CMKX) from selling the company stock to residents.
According to the order issued by the Saskatchewan Financial Services Commission, Urban Casavant, David Desormeau and Melvin O´Neil traded shares of CMKM Diamonds and its predecessor Casavant Mining Kimberlite International, "when they were not registered pursuant to section 27 of the Act."
The order also states that Casavant, Desormeau and O´Neil have, "with the intention of effecting trades in the securities of (Casavant Mining and CMKM) made statements which they know or ought reasonably to know are misrepresentations."
The order expires Nov. 9. It´s unclear how CMKM Diamonds and the persons named will respond to the order.
CMKM president and large shareholder Casavant wasn´t immediately available for comment. O´Neil, CMKM Diamonds´ spokesperson was also unavailable. Desormeau is named as secretary and treasurer of Casavant International Mining Corp. in the state of Nevada´s corporate database. Desormeau wasnt´ immediately available for comment either. Meanwhile, Roger Glenn, a lawyer representing CMKM Diamonds, didn´t return a telephone call seeking comment.
CMKM Diamonds has been the subject of three "In The Money" columns which highlighted its huge daily trading volume and the lack of information surrounding the company and its mineral claims. According to the corporation department of the state of Nevada, there are currently 800 billion shares of CMKM authorized.
Billions of CMKM shares trade daily but because it trades on the unregulated Pink Sheets, the company doesn´t have to provide any financial information to its shareholders.
Although CMKM has declined to say just how many shares are outstanding, a recent dividend payment related to U.S. Canadian Minerals Inc. (USCA)´s acquisition of 5% of CMKM Diamonds´ mineral claims indicated that some 780 billion shares had been issued. CMKM Diamonds shares were recently changing hands at about $0.0001, down 50% on the day.
Separately, the Securities and Exchange Commission suspended trading in the shares of U.S. Canadian Minerals earlier Thursday. The SEC said it took action because of questions regarding the accuracy of publicly disseminated information regarding U.S. Canadian Minerals´ financing and mining activities and the value of its assets. The SEC said it has been assisted in its inquiry into U.S. Canadian Minerals´ public statements by the NASD, the Saskatchewan Financial Services Commission and the United Kingdom Financial Services Authority.
U.S. Canadian Minerals and CMKM Diamonds are holding a combined party for their shareholders in Las Vegas this weekend.
(Carol S. Remond is an award-winning columnist and one of four who write the "In The Money" feature. Most recently, she shared a 2003 Best of Business Award from the Society of Business Editors and Writers for her role in Dow Jones´ team coverage of the Canary Capital mutual fund trading scandal.)
-By Carol S. Remond; Dow Jones Newswires; 201 938 2074; carol.remond@dowjones.com
posted
what the ...?? A momemt ago the bid was .0002 1 share. Now look at (from pink sheets). Best Bid: 0.0001 (5000000 shares) Best Ask: 0.0003 (9500000 shares)
Posts: 73 | Registered: Sep 2004
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posted
Let's see... USCA trading suspended concurrent with attack on CMKM diamond's managment team, this coming from Canada...
The trading suspension came the day after USCA 3/1 split when the stock was about to soar again...and both attacks occurred a day before their LV parties...the attack against the CMKX management team is on old symbol CMKI of over ayear ago??
NS holders had to take action and get their buddies at SEC to stop the run...
posted
Regarding the Halt: I'm satisfied that the MM's and the Hedgies had run out of bullets and then threw the gun at UCAS. Useless last ditch effort. They're going down, simple as that.
Posts: 43 | From: High Point, NC, USA | Registered: Jul 2004
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posted
Ok guys and girls lets see what we have CMKX probably worst news at the worst time. Next day CMKX bid up and ask up but quickly falls back hmmm I think we are seeing the sign of NSS positions slowly trying to fill but it is clearly too late. I think USCA was haulted due to the NSS position in CMKX because of all the shares of USCA that the MM's were trying to cover. The SEC is haulting USCA because their value is way too high but the reason behind the high value is the MM's trying to cover and great news for old UCAD made the run even bigger. Then UCAD did a 3-1 FS which screwed the MM's over IMO right now they have their thumbs up their
Posts: 795 | From: Brown Deer, WI 53223 | Registered: Feb 2004
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posted
1% of me believes there is this possibility. fyi.. I was able to sell some at 0002. Why wasn't IBZT halted? Don't know details.
quote:Originally posted by joeyisthebest: Ok guys and girls lets see what we have CMKX probably worst news at the worst time. Next day CMKX bid up and ask up but quickly falls back hmmm I think we are seeing the sign of NSS positions slowly trying to fill but it is clearly too late. I think USCA was haulted due to the NSS position in CMKX because of all the shares of USCA that the MM's were trying to cover. The SEC is haulting USCA because their value is way too high but the reason behind the high value is the MM's trying to cover and great news for old UCAD made the run even bigger. Then UCAD did a 3-1 FS which screwed the MM's over IMO right now they have their thumbs up their
posted
good lord, the mm's got the SEC to go along with canada to halt ucad because cmkx was shorted. is that what i'm seeing????!!!!! i hope so because if not this flashback from all the LSD i did in yrs past is a big one.......................ARE YOU PPL F"IN CRAZY??????????!!!!!!!!!!!
Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
So if I've got this straight, the market makers went to the SEC and the Canadian regulatory body and persuaded them both to investigate UCAD and CMKX for a naked short position, thereby stalling or killing a run-up in UCAD's pps, right? Just trying to develop this picture in my head, can anyone confirm that this is the current thinking?
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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