zeninvestor: CMKX PR "nothing short of PHENOMENAL"

Posted by: zeninvestor32
In reply to: None
Date:6/25/2004 3:50:59 PM
Post #of 39455

THERE'S ONLY ONE THING FLUFFY ABOUT LAST NIGHT'S PR.

And that's the brains of anyone that's trying to dismiss it. Just as I said last night, shorts will cap the momentum today. Nothing depresses morale more than making an anticipated news release seem like "the market didn't like the news." For those that understand what is going on, in my opinion the market would have liked the news a whole lot more if it wasn't shorting the snot out of this stock. But all that will be resolved IMO in the near future.

In the mean time, about the release:

1. They have used the most advanced, sophisticated equipment available today to detect these anomalies. Far more advanced than anything used before. This is the PROPER, PROFESSIONAL course of action. How can anyone dismiss this as fluff? This is the first necessary step you take when you have 1.4 million acres. And it has shown us something unbelievable.

2. HUNDREDS of anomalies. Not dozens. HUNDREDS. With an "s". That means not less than 200. Likely somewhere between 200 and 300. Now compare this to the folks at Kensington Resources who, with their JV partner Debeers, went absolutely GAGA over finding SIX anomalies in a similar aerial survey performed on their property back in January.

Read about Kensington and Debeers finds here: http://www.kensington-resources.com/s/Property.asp

SIX anomalies. We have HUNDREDS.

3. I find it hysterical that bashers are commenting on the "filtering" part because if Urban didn't put that in there, the market would question the results as "yeah, but what if those anomalies are barns or other objects". There is no issue. The results have been filtered. This statement was important and just further evidence about how bashers will twist everything to fit their needs.

4. Remember what property we are talking about here. Fort a la Corne. 1.4 million acres near the DeBeers/Kensington property. Near the Shore Gold property. ONE POINT FOUR MILLION ACRES. RIGHT NEXT DOOR. WITH HUNDREDS OF ANOMALIES. Why is DeBeers there? Why is Shore Gold there?

It should be comical that anyone called this PR "fluff". It presented in a non-hyped way a straightforward picture of what we have. Hundreds of anomalies in a region that is already being explored by DeBeers. I think the only thing that the bashers would have you believe is positive is if our geologist dug a shovel in the ground and pulled up the Hope Diamond in the first 6 inches of soil. Forget that idiocy. This first stage is critical and what we have found is nothing short of PHENOMENAL in my opinion. Anyone that disagrees can go stick it. This is the kind of news that will have some pretty big bucks investors IMO lined up to take a very close look at what CMKM is doing.

What we have is taking shape. Certain forces in the market however would prefer you not have that opinion. Those forces, also known as "securities issues" by Roger Glenn are being addressed.

It has all the classic markings of a very powerful reversal.

GO CMKX!!!!!

 

yesterday was over 6billion in volume when it goes over 4billion it reset's...

so 6+billion in volume most of it positive = 3million in real dollars$$$$$$$$.....

this play is no joke...follow the money qbid in the early day's had a $million$ plus in positive volume almost everyday. look at where it is and where it came from!!!!!

dought will rob you in the end!!!!!!

risk = reward!!!
 

GO CMKX!!!!!
 

[This message has been edited by VNGNTN1 (edited June 26, 2004).]
 

I'd love to see a buy out (private) or dividend because..
Do MMs let the pps go up even if a less O/S count is announced? Will they cover even if they have to?

-------------------------
By: stockseekerok
31 May 2004, 09:44 AM EDT
Msg. 247421 of 335557
Jump to msg. #
Yes Me and my wife met Urban,Carolyn and Jeff. Jeff alreadt knew of me because his wife joined my yahoo group,he has been in looking and reading posts and such.

Urban did say that we are going private(no time frame)he said 3 market makers were terribly short on this stock. He said that was indeed the reason for increasing the a/s to 500 bil, to allow them more rope.

I showed him pictures of core 517 , that i have blown up and asked what the dull looking piece of glass was , and he just chuckled. He told me to call Melvin and have him get confirmation from uc that it is ok to talk with me.

Thats just about all the high points , he did say some things to me and my wife that were confidential and I cannot say without blowing my credibility with him , because he reads these boards as well as has joined my yahoo group .When you join go to the photos section and look at all the pictures.

[This message has been edited by TruthTeller (edited June 26, 2004).]
 

quote:

---

he did say some things to me and my wife that were confidential and I cannot say without blowing my credibility with him

---

TruthTeller,
Are you trying to tell us that Mr. Casavant disclosed confidential information to you? Come on, you're a guy that has some stock in his company and he elected to take you into his confidence and disclose information that is not publicly known? Sorry, but I kind of doubt that. If so, post it! Let us all know the deep CMKM secrets that only you are privy to!
 

I have the same feelings as you about the credibility of the post. How amny times (LOTS) have we heard, "Melvin said this to me, BUT...I cant reveal...." or 'Urban disclosed this and that...BUT I cant reveal." To me it is just another unfounded attention getting move. I am LONG in this with only 2 million, so certainly not bashing, just realistic.

 

Only first few lines are mine. I am just trying to get all the opinions especially from the people who believe in CMKX.

EVEN IF THERE IS LESS O/S ANNOUNCED AFTER THE AUDIT, DO MMs LET THE PPS GO UP? IF THEY DON'T, WHAT MIGHT BE UC'S MOVE?

P.S: Upside, I try to be Truthful in all my posts

quote:

---

Originally posted by Upside:
Oops, you're right flash. My apologies go out to TruthTeller.

---

[This message has been edited by TruthTeller (edited June 26, 2004).]
 

[This message has been edited by TruthTeller (edited June 26, 2004).]
 

quote:

---

Originally posted by will:
Does anyone have an average volume traded per day by month begining with Jan to now?
Jan = ? shares per day
Feb = ? shares per day
etc.....

---

quote:

---

Originally posted by Upside:
Hey will, shouldn't be too hard to find. Let me see what I can do and I'll report back shortly.

---

Download This File in Excel Format
Date Close Volume
06/25/2004 0.0005 -2,136,883,956
06/24/2004 0.0005 -1,954,566,491
06/23/2004 0.0005 331,116,695
06/22/2004 0.0005 -1,032,231,283
06/21/2004 0.0006 -,652,237,268
06/18/2004 0.0006 -,476,306,727
06/17/2004 0.0007 -,607,088,573
06/16/2004 0.0006 -80,345,684
06/15/2004 0.0005 1,085,696,143
06/14/2004 0.001 1,662,583,371
06/10/2004 0.0006 602,275,516
06/09/2004 0.0007 -,741,743,369
06/08/2004 0.0008 1,390,057,011
06/07/2004 0.0008 -1,456,821,015
06/04/2004 0.0004 -,685,407,087
06/03/2004 0.0003 1,317,885,781
06/02/2004 0.0003 885,582,403
06/01/2004 0.0002 -,423,357,720
05/28/2004 0.0002 132,437,199
05/27/2004 0.0002 1,920,434,429
05/26/2004 0.0002 1,751,933,236
05/25/2004 0.0002 -2,112,989,793
05/24/2004 0.0002 1,046,216,132
05/21/2004 0.0001 1,889,962,595
05/20/2004 0.0001 1,617,862,828
05/19/2004 0.0001 1,558,520,537
05/18/2004 0.0002 2,104,934,928
05/17/2004 0.0001 -1,549,198,795
05/14/2004 0.0002 -1,753,213,488
05/13/2004 0.0001 549,754,605
05/12/2004 0.0002 1,253,721,019
05/11/2004 0.0002 960,842,826
05/10/2004 0.0001 -1,277,486,794
05/07/2004 0.0002 -1,873,346,073
05/06/2004 0.0002 -,471,450,212
05/05/2004 0.0002 -1,981,759,833
05/04/2004 0.0001 -1,359,015,302
05/03/2004 0.0001 -2,099,665,708
04/30/2004 0.0001 -,398,057,721
04/29/2004 0.0001 -,444,183,704
04/28/2004 0.0001 641,202,685
04/27/2004 0.0001 -1,238,206,571
04/26/2004 0.0001 -2,048,643,981
04/23/2004 0.0001 -1,959,266,759
04/22/2004 0.0001 -1,787,207,449
04/21/2004 0.0001 -1,420,234,874
04/20/2004 0.0001 -,837,125,135
04/19/2004 0.0001 335,350,297
04/16/2004 0.0001 979,943,149
04/15/2004 0.0001 1,892,176,781
04/14/2004 0.0001 -,347,130,381
04/13/2004 0.0001 -1,012,963,814
04/12/2004 0.0001 -,160,859,610
04/08/2004 0.0001 2,132,454,269
04/07/2004 0.0001 2,045,278,426
04/06/2004 0.0001 -,341,604,531
04/05/2004 0.0001 997,877,694
04/02/2004 0.0001 413,786,113
04/01/2004 0.0002 -,104,313,558
03/31/2004 0.0002 -,445,221,595
03/30/2004 0.0001 2,054,046,510
03/29/2004 0.0002 -2,079,163,216
03/26/2004 0.0001 -1,799,921,549
03/25/2004 0.0001 -2,139,698,465


 

[This message has been edited by highwaychild (edited June 26, 2004).]
 

[This message has been edited by will (edited June 26, 2004).]
 

quote:

---

Originally posted by Upside:
will, you have mail.

---

quote:

---

Originally posted by Upside:
If they switch transfer agents, a share count is second nature. Every share that is bought and sold eventually has to go through their transfer agent, they keep a constant count of the share amount. When a switch is made, transfer agent "a" sends all of their records to transfer agent "b". All of the shares owned by individuals, institutions, brokerage houses, etc. are all recorded. It's a pretty simple process that shouldn't take more than a couple of weeks. The new transfer agent doesn't have to call every brokerage house in America, the old transfer agent will have records of everyone who owns the stock and sends those records to the new agent.

---

No one else finds that curious? The way I read it is that the audit is finished, because Pacific has the books. Why are the results of the audit not published yet?

This is not meant to bash, only to solicite any reasonable explanations. Many positive things are specualted and explained, or supported with logic, but seldom is there an explanation of why these obvious things aren't reported. There is only so much that can be attributed to genius and cunning. I have asked this question many times, and it is simple, why not be forthright and forthcoming. OK, I accept that there maybe some politics, or poker playing involved, but can ALL these questions be answered with that?
 

Stop the BSing you have lost credibility with ma already

Informatation that i cant tell you HAHAHA

Better dream that one again.

quote:

---

Originally posted by Upside:
originally posted by TruthTeller: TruthTeller,
Are you trying to tell us that Mr. Casavant disclosed confidential information to you? Come on, you're a guy that has some stock in his company and he elected to take you into his confidence and disclose information that is not publicly known? Sorry, but I kind of doubt that. If so, post it! Let us all know the deep CMKM secrets that only you are privy to!

---

quote:

---

Originally posted by Upside:
Here's the way I understand it and it might not be correct. Let's assume that CMKX has 20 billion outstanding shares. Yet the transfer agent sees that there is ownership of 100 billion shares. That means that there is an 80 billion share naked short position. The only way that the transfer agent knows this though is if CMKX has honestly disclosed their total outstanding share count. If an audit is truly taking place, it's a simple matter of determining what their outstanding share count is versus what the ownership is. It's not a difficult process. The transfer agent is supposed to know how many shares have been issued and what the total ownership is. This is information that can be obtained in seconds, not weeks. When a changing of agents is done, the records might take a week or so to be transfered and input but it's certainly not a process that will take weeks and weeks to accomplish.

---

quote:

---

Originally posted by Upside:
Penny
That wasn't a quote from TruthTeller. I thought it was at first but flashovertx pointed out that he/she was copying and posting a post from a different board.

---

quote:

---

Originally posted by Upside:
Will,
It's the and/or part of the p/r that they're going to hang their hats on.

---

It is late and im getting lazy putting my thought to type.

quote:

---

Originally posted by Upside:
Penny
That wasn't a quote from TruthTeller. I thought it was at first but flashovertx pointed out that he/she was copying and posting a post from a different board.

---

[This message has been edited by penny-trader (edited June 27, 2004).]
 

I'm a biologist who works construction, so I may not be the sharpest knife in the drawer, but WOW. This looks good for our non-magnetic kimberlite theory. So who's got the geologic map showing us where the pourous sandstone is located? Our supposed non-magnetic anomalies are kimberlites that have been "washed" of the magnetite from the action of ground water percolation and diffusion. We've got farmland folks... and farmland should percolate and not hold water. I'd be looking at our claims West of the 150 Kimberlite and South of the Highway that runs by Smeaton. Rivers run through those areas, and should have plenty of steady groundwater to wash out the magnetite

I give it three oreo's out of five

more

Seventy four kimberlite bodies have been confirmed in the Fort à la Corne area since 1988,
making this one of the largest kimberlite fields in the world. Furthermore, diamond recovery
programs have shown these kimberlites cumulatively to be the largest macrodiamond-bearing
kimberlite field in the world, which hosts the two largest macrodiamondiferous kimberlite bodies in
the world. The Cameco/De Beers/Kensington Joint Venture currently hold 64 confirmed
kimberlite bodies. Seven kimberlite bodies are held by Shore Gold, one by Cons. Pine
Channel/Shane Resources/United Carina and two are held by Great Western Gold/War Eagle
Mining in the Candle Lake area.

----------------------
urther alteration in porous stratigraphy would almost certainly destroy the magnetite and render the kimberlite non-magnetic. Exploration methods other than magnetics have been demonstrated to be effective, raising the possibility that additional kimberlite bodies, which might be non-magnetic, may also be discovered.

[This message has been edited by Doji say what!! (edited June 27, 2004).]
 

From the recent post Gatorman sold
shares to have a free positon. He is
still 14Million long.

Had a half a dozen new posts.

Still sitting at over 1 Billion
shares. As we start to enter the next
run it would be good to get updates
from everyone.

I have buy orders in for another
2 mill.

ayguy02 200,000,000
Trippy 100,000,000
Doji Say What 78,500,000
fjean 61,000,000
BB 50,000,000
makemoney3 40,000,000
Ravenwolf00 35,000,000
WWJD-thru-me 31,000,000
sdrobert 27,500,000 *
Leardron 24,000,000
Cool1sh 22,000,000
darrenbaker 19,600,000
HarryHar 17,000,000
knee-hi-boot-gurl 16,000,000
atexan 15,700,000
ChrisNC 15,000,000
Booty Quest 15,000,000
DeadSurf 14,290,000
StarGazer 14,000,000
Gatorman 14,000,000
rsnws coworker #1 12,000,000
dawgie 11,800,000
JayT 10,595,000
rsnws coworker #2 10,000,000
Power106 10,000,000
rsnws 9,500,000
stfxcaper 8,400,000
thebilder 7,250,000
whymejc 7,000,000 **
Highwaychild 6,000,000
SpunkyJay 5,795,000
CB 5,700,000
Sgt of Arms 5,550,000
justplayin + friends 5,500,000
Earth_shaker 5,500,000
nikodemis 5,300,000
Van 5,000,000
tic_toc 5,000,000
singlemom 5,000,000
Shadow 5,000,000 **
brian2361 and brother 4,500,000
Wallace #1 4,000,000
Steve020866 4,000,000
red 4,000,000
pennywise 4,000,000
jiffer 4,000,000
Gatorman's Friend 3,800,000
RevDew1 3,725,000
Buzz357 3,600,000
Trading Wizard 3,500,000
noahltl 3,500,000 **
Winsumlosesum 3,000,000
Joeyisthebest 2,940,000
Flattop1 2,918,750
GameCock 2,745,000
sneaker68 2,500,000
GoldieStox + Family 2,500,000
Chiman34 2,500,000
lbulbu 2,465,000
skippy 2,400,000
right42day 2,400,000
Pharmdman 2,350,000
vado 2,000,000
Upside 2,000,000
tmorrismp5 2,000,000
Maximus330I 2,000,000
Joed5500 2,000,000
Having fun 2,000,000
DigDough 2,000,000
dfoster186 2,000,000
chessco 2,000,000
Buzz357 Parents 2,000,000
booboo 2,000,000
Az Cats 2,000,000
Anna 2,000,000
DueDiligence 1,750,000
Carnut 726 1,655,555
rde3 1,600,000
ludinlo 1,600,000
Wanderer 1,500,000
sduong 1,500,000
pappy 1,350,000 *
Trade Dog 1,300,000
Leeman1 1,300,000
Epic 1,300,000
DGROSS 1,250,000
bill1352 1,147,000
Jackpot 1,100,000
xj-ken 1,000,000
tahoeChris 1,000,000
Rockbats 1,000,000
pennywise family 1,000,000
penny-trader 1,000,000
mjld 1,000,000
MeShoe45 1,000,000
krecik 1,000,000
Grasshopper 1,000,000
Bialystock 1,000,000
bckibler 1,000,000
Money_Penny 920,000
JBCak47 820,000 **
moses2 725,000 *
Groover 700,000
Bigd0251 690,000
JBCak47's Father 600,000 *
Trader O 520,000
Teenage Trader 500,000
prdponce 500,000
pennykid 500,000
DMEK25 480,000 *
SmackDaddy33 473,300
Trading Wizard Relative #1 300,000
spike3113 300,000 *
stnkng1 275,000
Jimbo 250,000
Bob_dog 240,000
Teenage Trader's Dad 162,000
sneaker68's mom 143,000



Total = 1,091,274,605

 

[This message has been edited by highwaychild (edited June 27, 2004).]
 

When we contacted the Nevada Secretary of State's Office to find that number we were initially greeted with a chuckle from a representative who then explained that her office had been swamped with requests for information about CMKM. When we then asked how one might obtain copies of all amendments to the CMKM Certificate of Incorporation, we were told that, at a price of 20 cents per page, it could be costly since there had been multiple amendments and the material was "voluminous." We also were advised that it could take days to receive the material because of the numerous pending requests.

Fortunately, the Nevada Secretary of State's Office was kind enough to send the information we were requesting, quickly and free of charge. What we learned was startling. As of March 1, 2004, CMKM was authorized to issue 500 billion shares!
==================
VAN
 

[This message has been edited by flashovertx (edited June 27, 2004).]
 

By Sterling
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=29714

CMKX Update Tonight...

Tonight will be a CMKX update and discussion to begin between 09:00 to 09:30 PM CST on Paltalk.

Please go to the link below and follow the instructions to register and get Paltalk:
http://www.sterlingsclass.com/chat.htm

All is well! http://www.sterlingsclass.com/

;-)
Sterling
___________________________________________
May God Bless All.

I was in the audience of the Jon Benet Ramsey murder case in LA and learned a lot about ransom notes. People that disguise their handwriting or personalities in writing will eventually become exhausted and revert back to their normal style.

LOL! At the beginning of this guys long bash-paragraph, I couldn't read without deciphering every few words, but I decided to trudge through. All of a sudden, he became fluid! I was breezing right through it and was amazed! It hit me like a rock!

It's funny that he spells the tough words right, the words like 'doubt' that most people around here spell wrong, but butchers the simplest words. What a scammer!

You may disagree, but I suggest people use their discerning abilities around here. I've seen a lot of scams going on at QBID lately. People that spend months becoming your friends so when the time comes they can exploit that bond and get you to sell all your shares. Then they come back and try to appear nothing like that other person. some of them are very savvy and pretending to be Lotka probably gives them a thrill every time they fool us!

Here are 3 examples of people that I think would do something like this:

U4TSAF2 - $CASHTAKER$ - DragonMaster

There are others, but I won't go there. Take this for what it's worth. Agree, disagree, bash me senseless...I am tired of distrusting people. It doesn't have to be this way. GLTA)

 

This does not negate my opinion that people are being misled by UC, Melvin and others at CMKX. They may be using the naked shorting as a diversion.

[This message has been edited by Wallace#1 (edited June 27, 2004).]

[This message has been edited by Wallace#1 (edited June 27, 2004).]

[This message has been edited by Wallace#1 (edited June 27, 2004).]
 

quote:

---

Originally posted by will:
BQ:
Whatever happened to that guy on the QBID threads that solicited money for a trip? Did I hear right, he got the cash and was never heard from again?

---

That was $Cashmaker$. He begged for money day after day for weeks and people were good enough to send it to him for a trip to the Convention QBID was at. Then he asked for more money for a camera. I've seen him around a couple times, but he won't address his actions. He basically gave us no pertinent info. He very well may be Wallace now. Some people sent him over $100. He made out bigtime. He was buds with U4TSAF2.
 

quote:

---

Originally posted by shadow:
Most people are no longer posting
updates so I am not sure if it makes
sense to continue the "How many shares"
thread.

From the recent post Gatorman sold
shares to have a free positon. He is
still 14Million long.

Had a half a dozen new posts.

Still sitting at over 1 Billion
shares. As we start to enter the next
run it would be good to get updates
from everyone.

I have buy orders in for another
2 mill.

ayguy02 200,000,000
Trippy 100,000,000
Doji Say What 78,500,000
fjean 61,000,000
BB 50,000,000
makemoney3 40,000,000
Ravenwolf00 35,000,000
WWJD-thru-me 31,000,000
sdrobert 27,500,000 *
Leardron 24,000,000
Cool1sh 22,000,000
darrenbaker 19,600,000
HarryHar 17,000,000
knee-hi-boot-gurl 16,000,000
atexan 15,700,000
ChrisNC 15,000,000
Booty Quest 15,000,000
DeadSurf 14,290,000
StarGazer 14,000,000
Gatorman 14,000,000
rsnws coworker #1 12,000,000
dawgie 11,800,000
JayT 10,595,000
rsnws coworker #2 10,000,000
Power106 10,000,000
rsnws 9,500,000
stfxcaper 8,400,000
thebilder 7,250,000
whymejc 7,000,000 **
Highwaychild 6,000,000
SpunkyJay 5,795,000
CB 5,700,000
Sgt of Arms 5,550,000
justplayin + friends 5,500,000
Earth_shaker 5,500,000
nikodemis 5,300,000
Van 5,000,000
tic_toc 5,000,000
singlemom 5,000,000
Shadow 5,000,000 **
brian2361 and brother 4,500,000
Wallace #1 4,000,000
Steve020866 4,000,000
red 4,000,000
pennywise 4,000,000
jiffer 4,000,000
Gatorman's Friend 3,800,000
RevDew1 3,725,000
Buzz357 3,600,000
Trading Wizard 3,500,000
noahltl 3,500,000 **
Winsumlosesum 3,000,000
Joeyisthebest 2,940,000
Flattop1 2,918,750
GameCock 2,745,000
sneaker68 2,500,000
GoldieStox + Family 2,500,000
Chiman34 2,500,000
lbulbu 2,465,000
skippy 2,400,000
right42day 2,400,000
Pharmdman 2,350,000
vado 2,000,000
Upside 2,000,000
tmorrismp5 2,000,000
Maximus330I 2,000,000
Joed5500 2,000,000
Having fun 2,000,000
DigDough 2,000,000
dfoster186 2,000,000
chessco 2,000,000
Buzz357 Parents 2,000,000
booboo 2,000,000
Az Cats 2,000,000
Anna 2,000,000
DueDiligence 1,750,000
Carnut 726 1,655,555
rde3 1,600,000
ludinlo 1,600,000
Wanderer 1,500,000
sduong 1,500,000
pappy 1,350,000 *
Trade Dog 1,300,000
Leeman1 1,300,000
Epic 1,300,000
DGROSS 1,250,000
bill1352 1,147,000
Jackpot 1,100,000
xj-ken 1,000,000
tahoeChris 1,000,000
Rockbats 1,000,000
pennywise family 1,000,000
penny-trader 1,000,000
mjld 1,000,000
MeShoe45 1,000,000
krecik 1,000,000
Grasshopper 1,000,000
Bialystock 1,000,000
bckibler 1,000,000
Money_Penny 920,000
JBCak47 820,000 **
moses2 725,000 *
Groover 700,000
Bigd0251 690,000
JBCak47's Father 600,000 *
Trader O 520,000
Teenage Trader 500,000
prdponce 500,000
pennykid 500,000
DMEK25 480,000 *
SmackDaddy33 473,300
Trading Wizard Relative #1 300,000
spike3113 300,000 *
stnkng1 275,000
Jimbo 250,000
Bob_dog 240,000
Teenage Trader's Dad 162,000
sneaker68's mom 143,000



Total = 1,091,274,605

---

quote:

---

Originally posted by Booty Quest:
FarmBoy, you are sooo right! I think Richnessforeveryone is a total fraud! LMAO!!! I was just reading his posts on the negative CMKX thread and can see exactly what you were saying about him and how he pretends to speak poor English. This must be an old basher who changed his name and came back for more.

I was in the audience of the Jon Benet Ramsey murder case in LA and learned a lot about ransom notes. People that disguise their handwriting or personalities in writing will eventually become exhausted and revert back to their normal style.

LOL! At the beginning of this guys long bash-paragraph, I couldn't read without deciphering every few words, but I decided to trudge through. All of a sudden, he became fluid! I was breezing right through it and was amazed! It hit me like a rock!

It's funny that he spells the tough words right, the words like 'doubt' that most people around here spell wrong, but butchers the simplest words. What a scammer!

You may disagree, but I suggest people use their discerning abilities around here. I've seen a lot of scams going on at QBID lately. People that spend months becoming your friends so when the time comes they can exploit that bond and get you to sell all your shares. Then they come back and try to appear nothing like that other person. some of them are very savvy and pretending to be Lotka probably gives them a thrill every time they fool us!

Here are 3 examples of people that I think would do something like this:

U4TSAF2 - $CASHTAKER$ - DragonMaster

There are others, but I won't go there. Take this for what it's worth. Agree, disagree, bash me senseless...I am tired of distrusting people. It doesn't have to be this way. GLTA)

---

Lol, lol, lol and again lol......
If you would know a tenth of the truth and especially who I am you would fall from naked.....
Wouah I begin to write like you....
Its amazing how people try to distinguish others people which they never meet....AMAZING

Like X-files.....The truth is elsewhere
and UC plays with your (our) credibility....
but ok I respect your point of view like its not my money which is burned...

1000th's lol

I can only hope for you that you will stay long on this for the next twenty years and then perhaps you will be rewarded.....(like Melvin and UC says...lol...)
More I read you on the messages boards und besser, et meilleur devient mon anglais......
C'est génial.....
A bientôt les gars.....und wünsche euch alles bestes...

Lol...hi,hi,hi

Will go back to my tv...its Denmark/Czech Republic soccer now....its still 0:0 and its 9PM07 here in Europe....
What must I still make to convince you that I am not one paid basher.....only an European citizen which try to make money in pennystocks......
Stop to dream about paid basher.........you are so stupid...

[This message has been edited by richnessforeveryone (edited June 27, 2004).]
 

quote:

---

Originally posted by tradingpennys:
[QUOTE]Originally posted by shadow:
[b]Most people are no longer posting
updates so I am not sure if it makes
sense to continue the "How many shares"
thread.

From the recent post Gatorman sold
shares to have a free positon. He is
still 14Million long.

Had a half a dozen new posts.

Still sitting at over 1 Billion
shares. As we start to enter the next
run it would be good to get updates
from everyone.

I have buy orders in for another
2 mill.

ayguy02 200,000,000
Trippy 100,000,000
Doji Say What 78,500,000
fjean 61,000,000
BB 50,000,000
makemoney3 40,000,000
Ravenwolf00 35,000,000
WWJD-thru-me 31,000,000
sdrobert 27,500,000 *
Leardron 24,000,000
Cool1sh 22,000,000
darrenbaker 19,600,000
HarryHar 17,000,000
knee-hi-boot-gurl 16,000,000
atexan 15,700,000
ChrisNC 15,000,000
Booty Quest 15,000,000
DeadSurf 14,290,000
StarGazer 14,000,000
Gatorman 14,000,000
rsnws coworker #1 12,000,000
dawgie 11,800,000
JayT 10,595,000
rsnws coworker #2 10,000,000
Power106 10,000,000
rsnws 9,500,000
stfxcaper 8,400,000
thebilder 7,250,000
whymejc 7,000,000 **
Highwaychild 6,000,000
SpunkyJay 5,795,000
CB 5,700,000
Sgt of Arms 5,550,000
justplayin + friends 5,500,000
Earth_shaker 5,500,000
nikodemis 5,300,000
Van 5,000,000
tic_toc 5,000,000
singlemom 5,000,000
Shadow 5,000,000 **
brian2361 and brother 4,500,000
Wallace #1 4,000,000
Steve020866 4,000,000
red 4,000,000
pennywise 4,000,000
jiffer 4,000,000
Gatorman's Friend 3,800,000
RevDew1 3,725,000
Buzz357 3,600,000
Trading Wizard 3,500,000
noahltl 3,500,000 **
Winsumlosesum 3,000,000
Joeyisthebest 2,940,000
Flattop1 2,918,750
GameCock 2,745,000
sneaker68 2,500,000
GoldieStox + Family 2,500,000
Chiman34 2,500,000
lbulbu 2,465,000
skippy 2,400,000
right42day 2,400,000
Pharmdman 2,350,000
vado 2,000,000
Upside 2,000,000
tmorrismp5 2,000,000
Maximus330I 2,000,000
Joed5500 2,000,000
Having fun 2,000,000
DigDough 2,000,000
dfoster186 2,000,000
chessco 2,000,000
Buzz357 Parents 2,000,000
booboo 2,000,000
Az Cats 2,000,000
Anna 2,000,000
DueDiligence 1,750,000
Carnut 726 1,655,555
rde3 1,600,000
ludinlo 1,600,000
Wanderer 1,500,000
sduong 1,500,000
pappy 1,350,000 *
Trade Dog 1,300,000
Leeman1 1,300,000
Epic 1,300,000
DGROSS 1,250,000
bill1352 1,147,000
Jackpot 1,100,000
xj-ken 1,000,000
tahoeChris 1,000,000
Rockbats 1,000,000
pennywise family 1,000,000
penny-trader 1,000,000
mjld 1,000,000
MeShoe45 1,000,000
krecik 1,000,000
Grasshopper 1,000,000
Bialystock 1,000,000
bckibler 1,000,000
Money_Penny 920,000
JBCak47 820,000 **
moses2 725,000 *
Groover 700,000
Bigd0251 690,000
JBCak47's Father 600,000 *
Trader O 520,000
Teenage Trader 500,000
prdponce 500,000
pennykid 500,000
DMEK25 480,000 *
SmackDaddy33 473,300
Trading Wizard Relative #1 300,000
spike3113 300,000 *
stnkng1 275,000
Jimbo 250,000
Bob_dog 240,000
Teenage Trader's Dad 162,000
sneaker68's mom 143,000



Total = 1,091,274,605

---

Ohhhh you forgot
Richnessforeveryone was long 20,000,000
Now 0 shares
You can make the total...lol...
 

"Posted by: ***********
In reply to: None Date:6/8/2004 12:23:05 AM
Post #of 19309

Must Read Inside on CMKX---> To My Readers!!!

Readers, I am going to start this email in a somewhat different
way. Before I go into the trading pattern today and company outlook
(opinion only) I want you all to know I am still putting my money
behind this play. I did purchase another 5,150,000 shares of CMKX
today rounding my current holding to 769,000,000 common shares. All
these shares are bought with my own money.no paid profile or
solicitation has taken place.

Today the trading pattern was similar to the pattern last week. The
stock ran at the open with huge volume then pulled back slightly but
not enough to allow traders to scalp a trade. The offers were
getting slammed all day long with buyers building huge positions.
The stock closed .0008 with strong buying into the last minute of
trading.

Readers I am expecting follow news leading from last Friday's two
press releases. Those two press releases were just setting the stage
for what's coming. I think CMKX will continue with leader press
releases then launch a bomb press release that will catapult CMKX
stock to highs nobody expects.

Let me break down a couple events I am looking for this month to be
announced.

1. Everyone is guessing at how many shares are issued/outstanding.
My guess is between 8 billion to 15 billion shares.

This is difficult for many to believe because we know the Authorized
is 500 billion. To guess the company issued all this Authorization
is nothing but a guess. No filings are available to back this up.

Rumors floating around suggest the Market Makers have been naked
shorting for many months against the 500 billion authorization. When
the Market Makers see a company increase to this type of
authorization the immediately figure the company is a candidate for
bankruptcy. The Market Maker starts selling at the offers to all
buys naked shorted shares (Naked short shares and shares that are on
paper only, no certificates issued to back the short sell).

In addition, can't prove this, rumors say Urban and his close friends
have been buying while the Market Makers sold thinking the company
would disappear, out of business (BK). It's rumored they hold 1.2 to
1.4 trillion shares accumulative in their accounts and they know the
issued/outstanding is very low, my guess 8-15 billion shares. If
this is the case this is going to get very interesting as press
releases start getting into the numbers around this naked short.
This could be the mega short squeeze in the history of stocks.

2. Second possible press release could be about assay results from
the recently drilled holes at the Carolyn Project. Everyone knows
this is a pending press release. Rumor has it the assays are going to
be rich with Diamond content with high quality diamonds.

3. Third everyone knows this company has been actively acquiring
more claims and we are told they have in the excess of 3,000,000
acres of claims. Melvin O'Neil has put this info at the company web
site so it's no secret but we are not hearing how big these claims
are or what minerals are actually in all these claims. Rumor has it
THEY HAVE DISCOVERED THE MOTHERLOAD OF ALL DIAMOND FINDS IN THE NORTH
AMERICAN CONTENT. Rumor has it this claim makes the Carolyn Project
look like a tip of a pin in comparison. All shareholders are excited
about the Carolyn Project and we are told we will hear about this
mega big find sometime this month.

4. I am also looking for a valuation figure of some sort to be
placed on this company. If they have a huge diamond find as rumor
claims this value could easily go to $200 billion dollars or higher.

5. Also remember in the last press release, "Urban Casavant,
announces that the Law Firm of Edwards & Angell has been retained to
represent the Company in its desire to become fully reporting once
again. Lead counsel for CMKM Diamonds, Inc., D. Roger Glenn, is a
partner at the firm and has over 20 years of extensive experience in
working with public companies"
This sentence suggest CMKX is attempting to become a fully reporting
company again. To become a fully reporting company all the previous
numbered points 1-4 has to take place. We have number 5 only so look
for points 1-4 to follow soon.

In addition to the above points, Melvin O'Neal, IR, has been on
IBCradio three times telling listeners CMKX has the goods and will
deliver as he promises. He has stated this very bluntly and to the
point.

Melvin has described what is about to take place as Mt. St. Helens
erupting. He said before Mt. St. Helens erupted experts were setting
up machines all around the mountain preparing fore the eruption.
Preparation took a long time but everyone knew the mountain was going
to do something but what magnitude was questionable. WHEN MT. ST.
HELENS ERUPTED IT BLEW IT'S TOP, surprised everyone watching and
caught everyone by surprise. This is what Melvin said was going to
happen the CMKX stock as all the pieces are put into order and major
press releases start to come out. CMKX stock will explode all at once
and If Your Not Prepared You Will Miss The Explosion.

If you take into account Melvin's description of Mt. St. Helens
explosiveness and on the low side say CMKX has a valuation of $100
billion dollars of precious minerals and has 100 billion shares
issued/outstanding the per share value, with no multiplier, would be
projected value of $1.00 per share. If I increase the value to a
projected value of $200 billion and shares issued/outstanding are
only 10 billion, the per share value would be $20.00 per share. Humm
if I was write or even somewhere in between grab a hold of you chair
because Mt. St. Helens/CMKX is about to explode and the entire world
will soon fin all this out!!!!!!

READERS THIS IMO IS GOING TO BE HUGE!!! I AM LOADING UP, BUYING
DAILY AS THIS PRICE RISES PREPAIRING MY PORTFOLIO FOR A MASSIVE
EXPLOSION. THIS COULD BE A MAJOR MAJOR MAJOR STOCK PLAY!!!

Readers don't miss this one and kick your self for not owning a
position. As I am writing I know a few individuals that are hurrying
to open up new accounts to buy CMKX shares. I know others that are
transferring money to add to their positions. This could be a once in
a lifetime to good to be true deal that might come true, I think it
will come true but to what magnitude is the million dollar question
we are all looking for the answer to.

Thank you all very much,

Hal Engel aka ***********
 

quote:

---

Originally posted by Booty Quest:
thinc you may be this one butt not that make us to be more money. good you for the best to luck

---

Listen...I wish you to make a lot of money but then choice the right stocks like ISON,SPSC,CCHI,SPCK etc etc....
You are like all this peoples who join this online 'dollarblaster programms'......
The organizer is the only one who becomes rich.....now I become angry its time for me to open a bottle beer and to see quietly the soccer match on the TV....
Still 0:0...hope that the Czech....will gain.
 

quote:

---

Originally posted by tic_toc:
Now I know your lying, its just after eight O clock lolololol
Czech Reuplic will win!!!

---

You are so stupid....Europa is great and we have a few hours zones....lol
but I agree Czech will win
 

quote:

---

Originally posted by richnessforeveryone:
You are so stupid....Europa is great and we have a few hours zones....lol
but I agree Czech will win

---

quote:

---

Originally posted by noahltl:
Here's an interesting post from another site:

"Posted by: ***********
In reply to: None Date:6/8/2004 12:23:05 AM
Post #of 19309

Must Read Inside on CMKX---> To My Readers!!!

Readers, I am going to start this email in a somewhat different
way. Before I go into the trading pattern today and company outlook
(opinion only) I want you all to know I am still putting my money
behind this play. I did purchase another 5,150,000 shares of CMKX
today rounding my current holding to 769,000,000 common shares. All
these shares are bought with my own money.no paid profile or
solicitation has taken place.

Today the trading pattern was similar to the pattern last week. The
stock ran at the open with huge volume then pulled back slightly but
not enough to allow traders to scalp a trade. The offers were
getting slammed all day long with buyers building huge positions.
The stock closed .0008 with strong buying into the last minute of
trading.

Readers I am expecting follow news leading from last Friday's two
press releases. Those two press releases were just setting the stage
for what's coming. I think CMKX will continue with leader press
releases then launch a bomb press release that will catapult CMKX
stock to highs nobody expects.

Let me break down a couple events I am looking for this month to be
announced.

1. Everyone is guessing at how many shares are issued/outstanding.
My guess is between 8 billion to 15 billion shares.

This is difficult for many to believe because we know the Authorized
is 500 billion. To guess the company issued all this Authorization
is nothing but a guess. No filings are available to back this up.

Rumors floating around suggest the Market Makers have been naked
shorting for many months against the 500 billion authorization. When
the Market Makers see a company increase to this type of
authorization the immediately figure the company is a candidate for
bankruptcy. The Market Maker starts selling at the offers to all
buys naked shorted shares (Naked short shares and shares that are on
paper only, no certificates issued to back the short sell).

In addition, can't prove this, rumors say Urban and his close friends
have been buying while the Market Makers sold thinking the company
would disappear, out of business (BK). It's rumored they hold 1.2 to
1.4 trillion shares accumulative in their accounts and they know the
issued/outstanding is very low, my guess 8-15 billion shares. If
this is the case this is going to get very interesting as press
releases start getting into the numbers around this naked short.
This could be the mega short squeeze in the history of stocks.

2. Second possible press release could be about assay results from
the recently drilled holes at the Carolyn Project. Everyone knows
this is a pending press release. Rumor has it the assays are going to
be rich with Diamond content with high quality diamonds.

3. Third everyone knows this company has been actively acquiring
more claims and we are told they have in the excess of 3,000,000
acres of claims. Melvin O'Neil has put this info at the company web
site so it's no secret but we are not hearing how big these claims
are or what minerals are actually in all these claims. Rumor has it
THEY HAVE DISCOVERED THE MOTHERLOAD OF ALL DIAMOND FINDS IN THE NORTH
AMERICAN CONTENT. Rumor has it this claim makes the Carolyn Project
look like a tip of a pin in comparison. All shareholders are excited
about the Carolyn Project and we are told we will hear about this
mega big find sometime this month.

4. I am also looking for a valuation figure of some sort to be
placed on this company. If they have a huge diamond find as rumor
claims this value could easily go to $200 billion dollars or higher.

5. Also remember in the last press release, "Urban Casavant,
announces that the Law Firm of Edwards & Angell has been retained to
represent the Company in its desire to become fully reporting once
again. Lead counsel for CMKM Diamonds, Inc., D. Roger Glenn, is a
partner at the firm and has over 20 years of extensive experience in
working with public companies"
This sentence suggest CMKX is attempting to become a fully reporting
company again. To become a fully reporting company all the previous
numbered points 1-4 has to take place. We have number 5 only so look
for points 1-4 to follow soon.

In addition to the above points, Melvin O'Neal, IR, has been on
IBCradio three times telling listeners CMKX has the goods and will
deliver as he promises. He has stated this very bluntly and to the
point.

Melvin has described what is about to take place as Mt. St. Helens
erupting. He said before Mt. St. Helens erupted experts were setting
up machines all around the mountain preparing fore the eruption.
Preparation took a long time but everyone knew the mountain was going
to do something but what magnitude was questionable. WHEN MT. ST.
HELENS ERUPTED IT BLEW IT'S TOP, surprised everyone watching and
caught everyone by surprise. This is what Melvin said was going to
happen the CMKX stock as all the pieces are put into order and major
press releases start to come out. CMKX stock will explode all at once
and If Your Not Prepared You Will Miss The Explosion.

If you take into account Melvin's description of Mt. St. Helens
explosiveness and on the low side say CMKX has a valuation of $100
billion dollars of precious minerals and has 100 billion shares
issued/outstanding the per share value, with no multiplier, would be
projected value of $1.00 per share. If I increase the value to a
projected value of $200 billion and shares issued/outstanding are
only 10 billion, the per share value would be $20.00 per share. Humm
if I was write or even somewhere in between grab a hold of you chair
because Mt. St. Helens/CMKX is about to explode and the entire world
will soon fin all this out!!!!!!

READERS THIS IMO IS GOING TO BE HUGE!!! I AM LOADING UP, BUYING
DAILY AS THIS PRICE RISES PREPAIRING MY PORTFOLIO FOR A MASSIVE
EXPLOSION. THIS COULD BE A MAJOR MAJOR MAJOR STOCK PLAY!!!

Readers don't miss this one and kick your self for not owning a
position. As I am writing I know a few individuals that are hurrying
to open up new accounts to buy CMKX shares. I know others that are
transferring money to add to their positions. This could be a once in
a lifetime to good to be true deal that might come true, I think it
will come true but to what magnitude is the million dollar question
we are all looking for the answer to.

Thank you all very much,

Hal Engel aka ***********

---

Now we are in a total nonsense...
Listen if really CMKX would have found the THE MOTHERLOAD OF ALL DIAMOND FINDS IN THE NORTH AMERICAN CONTENT the pps would have already exploded since long time (depuis belle lurette) because
such a news could not remain well a long time secrete (the proof you speak
about it) Stop statements of inepties because each one of your words costs much of money has many people take all like Messiah's words...
Oh man oh man...humanity were you go
 

quote:

---

Originally posted by tic_toc:
lol, i'm in england you turkey. slow game innit?
gutted about our loss to portugal though
WE WERE ROBBED. THE REFEREE WAS TWAT [QUOTE]Originally posted by richnessforeveryone:
[b] You are so stupid....Europa is great and we have a few hours zones....lol
but I agree Czech will win

---

Your stupid guy like your stupid commercial puplicity about the France/England match on the TV (I'm not French) with riders of the middle age....you got your victory on France..ha ha ha....
England is GM...here is GM+1.....go back to scool.

[This message has been edited by richnessforeveryone (edited June 27, 2004).]
 

you been next to the french for too long loollol

UK is GM ie it 20:50
Europaaaa is +1 ie 21:50

yes that is the time

where were you in Euro 2004 anyway???

 

' People here is CMKX topic '

Lol
 

Coach
 

NEVER ENGAGE A BASHER; if you do so then YOU BECOME THE BASHER,S AID! If you feel compelled to challenge a Basher do so without mentioning his/her true alias in your response. This will make it hard for the Basher to use your post as a revenue stream. Read the news, do your own homework and make your own decisions. Get real time quotes and follow the stock for a couple of weeks. Due Diligence is key here. Know that there will be a time when the stock runs up which will be followed followed by the Bashers and those that missed the boat. The Bashers will trash the stock by saying such things as "it's a Pump and Dump" and "the company is lying" and deceiving. There goal is to scare off newbies and potential new investors by "shaking" you out of your shares. Take the time to confirm your DD ,trust your own judgement and believe in yourself, pick your point of return or loss and live with it. Don't listen to hype or Bashers trust your own judgement. Live by the rules you have created .

quote:

---

Originally posted by COACHPHILM63:
here is what you have to ask yourself. Lets say there is no reverse share split and say that the stock goes to .50 or even $1.00. ask yourself how many people can buy your shares of 10mil or even 70mil. shares, not to many people can buy 1mil. let alone 70mil shares. Remember your shares are only worth SOMETHING if someone can buy them. It may take you several months to dump your shares even at .10 a share. Yes Iam long with this company with 4.5 mil free shares. No one has entered into the idea that someone has to buy your shares when the Ship comes in. All Iam doing is making everone think of the saleability of the stock you own. You must have a seller and a buyer for you to make millions. Just some food for thaught.

Coach

---

Coach you are my friend.....
Finally somebody who makes walk his brain

2:0 for the Czech
and now 3:0 for the Czech WOOAUH
 

quote:

---

Originally posted by richnessforeveryone:
For me the final will be:
Czech - Portugal
Winner Czech....(sorry for my portugies friends)

---

quote:

---

Originally posted by noahltl:
From "Basher's Handbook" http://messageboardfools.com/bashers.htm

NEVER ENGAGE A BASHER; if you do so then YOU BECOME THE BASHER,S AID! If you feel compelled to challenge a Basher do so without mentioning his/her true alias in your response. This will make it hard for the Basher to use your post as a revenue stream. Read the news, do your own homework and make your own decisions. Get real time quotes and follow the stock for a couple of weeks. Due Diligence is key here. Know that there will be a time when the stock runs up which will be followed followed by the Bashers and those that missed the boat. The Bashers will trash the stock by saying such things as "it's a Pump and Dump" and "the company is lying" and deceiving. There goal is to scare off newbies and potential new investors by "shaking" you out of your shares. Take the time to confirm your DD ,trust your own judgement and believe in yourself, pick your point of return or loss and live with it. Don't listen to hype or Bashers trust your own judgement. Live by the rules you have created .

---

I agree to 100% so please close all message boards where bashers and pumpers work.....

 

Thanks,

Paul

quote:

---

Originally posted by Wallace#1:
For those of you who are convinced that CMKX is naked shorted, you may find the fact that Universal Express (USXP) has filed a "Memorandum" with the SEC about naked shorting by the MMs and the SEC doing nothing about it. Just do a search using Universal Express, SEC, Memorandum. Based upon that, CMKX may very well be naked shorted. However, that will do more damage than good to shareholders. Initially (if true), there may be a rise in CMKX share price with MMs trying to cover. In the long run, all will lose out.

This does not negate my opinion that people are being misled by UC, Melvin and others at CMKX. They may be using the naked shorting as a diversion.

[This message has been edited by Wallace#1 (edited June 27, 2004).]

[This message has been edited by Wallace#1 (edited June 27, 2004).]

[This message has been edited by Wallace#1 (edited June 27, 2004).]

---

Thank you for your comments now and previously. If you found and read the USXP release re naked shorting, you will see that it fully supports your positions about naked shorting. If the MMs are naked shorted to a huge amount, I think it will have a negative affect on the price of CMKX because they will be falling all over themselves trying to cover and thereby push the pps down.

Paul,

Maybe Debi has the site and can post it. I tried but the site would not post. I will try again.

PS The date of the release was 6/24/04.

[This message has been edited by Wallace#1 (edited June 27, 2004).]

[This message has been edited by Wallace#1 (edited June 27, 2004).]
 

In my Yahoo search bar, I just put in "Universal Express, SEC, Memorandum" and it came up as the first one. The site it showed is biz.yahoo.com/ic/news/contrn.html
 

[This message has been edited by PAUL (edited June 27, 2004).]
 

quote:

---

Originally posted by Booty Quest:
FarmBoy, you are sooo right! I think Richnessforeveryone is a total fraud! LMAO!!! I was just reading his posts on the negative CMKX thread and can see exactly what you were saying about him and how he pretends to speak poor English. This must be an old basher who changed his name and came back for more.

I was in the audience of the Jon Benet Ramsey murder case in LA and learned a lot about ransom notes. People that disguise their handwriting or personalities in writing will eventually become exhausted and revert back to their normal style.

LOL! At the beginning of this guys long bash-paragraph, I couldn't read without deciphering every few words, but I decided to trudge through. All of a sudden, he became fluid! I was breezing right through it and was amazed! It hit me like a rock!

It's funny that he spells the tough words right, the words like 'doubt' that most people around here spell wrong, but butchers the simplest words. What a scammer!

You may disagree, but I suggest people use their discerning abilities around here. I've seen a lot of scams going on at QBID lately. People that spend months becoming your friends so when the time comes they can exploit that bond and get you to sell all your shares. Then they come back and try to appear nothing like that other person. some of them are very savvy and pretending to be Lotka probably gives them a thrill every time they fool us!

Here are 3 examples of people that I think would do something like this:

U4TSAF2 - $CASHTAKER$ - DragonMaster

There are others, but I won't go there. Take this for what it's worth. Agree, disagree, bash me senseless...I am tired of distrusting people. It doesn't have to be this way. GLTA)

---

Booty,.. well stated!!! It's a shame that so many people are being taken in by a few frauds on here. Richness is getting worse, not better at faking his bad English (which totally supports your ransom note theory). One of the more recent examples is that one day he spells "positive" and then later spells "positif". Not once in each post so that it may be accidental, but many times within the posts.

Wallace still can't answer how he has scads of wall street experience, but a few weeks ago didn't know what MMs were or who JEFF or NITE were. All someone has to do is compare posts from throughout pages of a thread and they'll see what we're talking about.

Not to start any wars, but everyone needs to raise an eyebrow and decipher the garbage that's being posted lately.
 

This post is just for fun.
Do your own due "digilence", yo gotta love Melvin.

PAUL
 

I have not finished watching this. However it looks good so far.

Video on Kimberlite...

PAUL
 

Melvin on IBC Radio June 25 2004
Very excited about the preliminary results from the
airborne magnetic survey recently completed by Goldak
Airborne Surveys of Saskatoon, Saskatchewan "you could
place an Oreo Cookie on a map over ours and a dime on our
competition our sites are HUGE. http://cmkx.yazzi.com/melvin9.htm

OREO COOKIE BLUES BY David Pollard http://myweb.cableone.net/StratCat-51/

May God Bless All.

I don't know what that was on the site you posted. Did you just try the search using Universal Express, SEC, Memorandum?

I will look again and see if I can find another site. If anyone else can find it, I am sure Paul would appreciate it.
 

Here's another site for the USXP Memorandum.

finance.yahoo.com/q?s=USXP.OB&d=t

Just click on the blurb about "Summary" and it should come up with info + releases below.
 

Not to start any wars, but everyone needs to raise an eyebrow and decipher the garbage that's being posted lately.[/B][/QUOTE]

I find it interesting to check the posters profile and see when they became members. Most of the posters on the "hyped" threads like QBID are recent members. I still think of myself as new and I have been on here longer than most of them. (January)
Just an idea on how to check credibility

I am an owner of CMKX, long and strong, but refuse to hype anything beyond what is real. Just want the truth. If we have diamonds everything else will fall into place.

Cannot begin to tell you our price projections but believe it could hit 10 dollars within 5 years. My projections are really long.

Just to give you my take on the shorts and the law firm, let me say it is about fair value. By law the MM's cannot push the price below fair value on purpose, or to drive a company out of business.

What I believe UC is doing is setting up a very good foundation for a law suit against the MM's. Fair value is the key to the law suit.

By demonstrating that the mineral rights are worth more than .0001 through a series of pr's they will no longer be able to plead ignorance, and with each new pr, ending with OS and a diamond find of even a small magnitude, the worth of this company will be such that a reasonable businessman would know it is worth much more.

If at that point the MM's continue to keep the price lower substantially than the actual value they will become liable. If they are not liable already.

To keep themselves out of trouble they will be forced to start raising the ask. So, this is a real effort to make the MM's turn this market to reflect fair value.

I think they will do it on their own when push comes to law suit, and we will move up enough to reflect value.

I think the article pointing out the CMKX negatives like unknown OS and a lack of mineable diamonds found can be used to justify the mm's, though i'm sure they know the OS,the point is that these negatives will soon be gone and no reasonable MM could hold the price down.

I think within three weeks they will be in a position of liability and will move accordingly.

How much i'm not sure, it depends on the upcoming pr's. Certainly the last pr helps, because a lawyer could take a recent offer for those rights and present it in court. Say Debeers offered 1 billion for some rights, then a fair minimum value would thus be established. Would a large company offer more for all the rights?

I believe the MM's are liable but that will grow to the point that a law suit would become a slam dunk.

MM liability will not reach its potential until positive bulk samples confirm a mineable mine.

Look for a gradual pps rise to offset the liability.
 

[This message has been edited by highwaychild (edited June 27, 2004).]
 

Does anyone here think a major company would pay more for all the rights? It seems to me we are well under market value already. Without any new information.
 

A point was brought up that if the government doesn't enforce the rules against
naked short selling, then the MM's won't have to cover their shorts, make no butts about it.
posted June 27, 2004 21:31
--------------------------------------------------------------------------------

The only way for the stock to reach $1/share is if people buying it have sent it that high Also, the other post said that at $1/share nobody will have the money to buy one million shares, let alone seventy million shares. Major stocks such as GM have no trouble trading a million or more shares at $30/share or what ever it goes for. The point being that institutions such as major funds trade in those amounts, even though Joe Blow may only be able to buy 100 shares. Same goes for DeBeers. If CMKX, oops, when CMKX finds profitable kimberlites (and with their hugh land holding in the best kimberlite area of the world it is just a matter of time) and when major stock brokers and institutions start to notice CMKX, the price will start climbing. Of course, how high it will go will depend on the actual number of shares that are out there. But if it is in the 10's of billions it could reach .10, or even .50 or possibly higher. If the float is a billion or less, then you could see it listed in $$$. We have already reached .0011 (.0012?) once and since we have gone that high already, and now have even better PR's out and more probably coming out, I would think that it can easily reach .0011 again and eventually go a lot higher. Saturday I put in an order to sell 1/10th of my shares at .025 (which would give me a HUGH PROFIT) and still leave me with 90% of my shares in place. Today I added an order to also sell 1/10th of my shares at .0011 which would then mean that I am getting the rest of my shares for a free ride. And if I later am able to sell the other 1/10th of my shares at .025 I will still have 80% of my shares intact. And so I don't think that I will sell any shares at these low prices even though people are posting that we need to get out now, that it has reached a dead end and will only drop from here. They could be right, but I am not going to panic and dump my shares at these prices and then see it climb steadly upward. I will keep a close watch on it, so far I don't see anything that makes me want to sell, even though at .0005 it has gone up about 500% from where I bought it.

After thinking through many, many things regarding CMKX, I've reached some new directions on thinking. I base these thoughts on three key assumptions. Anyone who disagrees with these assumptions will obviously disagree with everything I say. Which is fine. I'm not here to convince anyone of anything. I'm here to share my thoughts and you can either agree or disagree but a) I don't care, and b) your agreement or disagreement won't affect the ultimate outcome of this stock anyway. So here are my three assumptions and the basis for each, then I will get into where I'm going with this.

Assumption 1:

There is a very large short position. My estimate is 100 billion. You either agree or disagree. Based on trading volume in the past year, that is my opinion.

Assumption 2:

The O/S share count is around 10 billion. Urban retired billions of shares last year. It is documented in press releases. 36.5 billion were retired between September and December in '03. I believe he was doing this for a reason. Obviously, you cannot be a successful public company with 100 billion shares. He was making a legitimate effort to take this number down to something palatable. Something investors could actually live with. We have not seen any updates on the retiring of shares, but we have seen Roger Glenn hired. I believe when Urban had everything in order with a palatable number of outstanding shares, he then approached Roger. I am choosing 10 billion and erring on the side of what I believe is conservative. It's entirely possible that Urban retired enough to take this down to under 1 billion. Who knows. I will choose conservatively and assume 10 billion.

Assumption 3:

I am guessing that when all the geology is completed and we perhaps have some further drilling results back, that we will be looking at mining potential in the range of $20-30 billion. I believe that is a very conservative estimate. I think many people are underestimating the true reach of this latest PR. This number could be as high as $100 billion+ in my opinion but I will conservatively say $20-30 billion.

Now, if at this point you are rolling your eyes and in complete disagreement with anything I've said above, then please stop reading. I really don't care if you disagree with my assumptions. These are MY thoughts and I'm allowed to have them. Much of what follows has some basis in Sterling's thoughts over on Raging Bull, which at first I thought were pretty wild, but then I began thinking them through more and more.

So my new thinking over the weekend is that I've become much fonder of the notion of a tender offer by Urban to go private. One thing that has always baffled me in this whole mix is that if they let the short covering just play itself out straight out, the results are wildly unpredictable. It is entirely possible that enough people will sell to allow the short off the hook by maybe 5 cents or 10 cents. But then again it's possible that there will be such a massive buying frenzy, that the shorts won't even be close at that point. When the sharks circle, it gets VICIOUS. It's possible that this could indeed become the mother of all squeezes reaching several dollars, maybe even in the double digits. Depending on the size of the short position, when you start getting into numbers like that, you have what I would term "chaos". Market regulators don't like chaos. And nobody likes market regulators.

So I began thinking about what the options would be to prevent complete chaos and still deliver what everyone wants. I keep coming back to the same conclusion that a tender offer to go private would be the quickest, safest, easiest method to lock in a price that burns the shorts but not the entire market, makes all the shareholders happy and does not leave anything up to chances as to how this will all resolve itself. It basically names a price and that's that. SEC can't do anything about it. DTC can't do anything about it. Shorts can't do anything about it. If Urban has the financial backing, he has every right to make a tender offer.

So now we get to tender offers. What is fair value for a tender offer. Well, in my opinion first off Urban needs financial backing to extend a tender offer. He's going to have come up with the money to make the offer. Of course, if he owns 9 billion out of the 10 billion shares left, he doesn't have to come up with the money to fund those 9 billion shares since he would, in effect, be paying himself. But unless he owns the ENTIRE float (possible given the short situation), he may still need some money. Roger just happens to be a top attorney at a law firm with perhaps the finest collection of private equity financing clients in the country. Moreover, if a true value can be attached to this property, Urban may qualify for some significant debt financing with a major bank/institution in order to perform the buyout and go private. I think Roger is here for more than just paperwork filing.

The thing that I like about the tender offer approach is that it makes everyone happy. We get a presumably nice buyout price. The shorts get torched but not in a way that the market crumbles. Urban gets his company back and can now turn around and do an IPO as a new entity to achieve proper market valuation.

So the question arises then about valuation. I believe that this process will require several things. First and foremost will be the share count. I expect that within 30 days. I am not one of the people claiming it is coming this week. I believe there will be several issues involved with verifying the number, mostly due to some rather questionable behavior by First Global in transferring their records to Pacific. And because I believe that a tender offer would have to actually have a basis for its value (otherwise the SEC could crack down on it as being market manipulation), I believe that in the next 30-60 days Roger and Urban will reveal more meaningful numbers that will allow a fairer valuation to be placed on the property. If we can demonstrate realistically that we are sitting on a property with $30 billion in potential and we have 10 billion shares outstanding and if you assume an appropriate discount based on potential, cost of mining, etc., I arrive somewhere between 50 cents and a dollar for a tender offer. Naturally this number moves up or down based on these variables. If there's 100 billion shares and the property can only be rationally assigned a value of $5 billion in potential, the tender offer could be as low as a penny. If the share count is 1 billion and the property potential is as massive as some speculate (let's say in the neighborhood of $100 billion), a tender offer could rationally be assigned of $20 per share. Who knows. These variables will indeed be key. Based on MY guesswork and assumptions above, I net out around .50-1.00 as a reasonable tender offer. I think higher than that also runs the risk of breaking the backs of too many high-powered players, thus creating the "chaos" that we want to avoid.

I found this article cited on Raging Bull to be very helpful with respect to going-private transactions. Notice that it frequently references the Sarbanes-Oxley Act of which Roger is based one of his publications on.
http://articles.corporate.findlaw.com/articles/file/00144/008504

Notice too that under Rogers bio in his Corporate Responsibilities publication, that "going-private transactions" is listed as an area of his expertise. Also, in his Edwards Angell bio, he lists "hostile and friendly tender offers" as an area of expertise.

As for a time frame, I believe all of the above will take longer than many want to hear. I'm giving it 30-60 days to develop. First off, I don't think Pacific, our TA, will be ready with its documentation for awhile. Then I think their plan of action will take some time to coordinate with respect to the valuation. If they go forward with a tender offer, in my opinion it must have SOME basis in real, actual valuation. This may take some time still to justify and develop. Clearer readings on our property, drilling results, and perhaps even geologists' consultations may be being formulated as we speak. In the mean time, there may be other news releases to give us hints that things are progressing in the right direction and to be patient regardless of how the market makers manipulate the stock.

Ultimately, if we want to go public and get a proper market valuation so the company can be looked at with a fair eye by analysts and the investment community, we must affirmatively knock the short position out. In my opinion, the tender offer does that. It then gives Urban the opportunity to go private and for Roger to then plan an IPO onto Nasdaq with FAIR valuation. The IPO could also raise significant money for the company to fund the drilling through either Roger's private equity financing contacts or possibly even large institutions. Yes, we would have to buy back into the new company, but if the tender offer was fair, we would have LOTS of money to do that. I personally do not believe that we would be issued stock or warrants for any new, future company with a tender offer since that would continue to put the shorts on the hook with the new shares and the whole point of this exercise would be to rid the company permanently of them. I could be wrong here. Roger may still see that as ok. But my guess is that this would be a clean sweep in going private with a brand spanking new entity untainted by any past securities issues that IPOs. And yes by the way, IPOs and going public are Rogers PRIMARY specialty.

The more I look at Roger's background and skill sets, the more I see why he may ultimately have been chosen for this company. Many will disagree with me that we are not going private because Urban wants to be on the big boards or Urban wants to take care of small investors or for whatever reason. And my response is that a tender offer may actually be the BEST way to properly go public and become a fully reporting company again. It resolves the nasty short issue conclusively and then sets the stage for a more viable option of a full blown IPO with media coverage and everything else. One of the disadvantages of a reverse merger or the mere transition of an otc company to the big boards is the lack of fanfare. Whereas an IPO is a big deal, putting you squarely on the map of every analyst and in front of the investment community front and center. If CMKX has the goods, this would be a very wise move.

Again, there are many variables here. And this is all just one theory. Roger probably has many creative options available to him in this situation. I truly believe that a person in Roger's position would not have taken Urban or CMKX on as a client unless he was shown that either there is massive valuation residing within CMKX or that there is conclusively a massive short position that needs to be broken, or possibly both. If all this is true, how this is resolved will be landmark lawyering on Roger's part.

Also, as for the Joint Venture theory, my opinion is that those other companies would be merged into the new entity that would ultimately go public. They'd get "bought out" for shares in the new company that equate to a fair value.

This is all speculation. Massive, rampant speculation. I am not a securities attorney. I do not know what Roger has planned. I am simply guessing at this based on logic, known facts as we have them, and the application of creative thinking. If you disagree, fine. Many will. If you want to bash this theory, bash away. I really just don't care nor will it make ANY difference on the outcome of this stock.

Speaking of which, I have become far too involved on this stock. When my personal life suffers, I know that it is time for me to step back. So, I will be limiting my involvement here. I'll spend about 1/2 hour at night reading through anything new and posting any new thoughts I might have. That's it. I think this process will take 30-60 days before it truly unfolds. I really don't care what the price does in the interim. I am very comfortable with what I've invested in. I believe as details are continually revealed, that comfort level will continue to go up. Bashers may claim "Where's zen going? Looks like he's running away." Whatever. By now, you know their mode of operation. Look for more articles to be published by stockpatrol, look for more fervent bashing. All that stuff is par for the course. In the mean time, give Roger and Urban the proper space to deliver on their words. I would much rather spend the next 30-60 days engaging in my normal life again than trying to be here to monitor every incremental piece of information. Because whether I do or don't, the end result will be the same, whatever it is.

I am still 110% behind this investment and still believe that it has the greatest potential of any penny stock I have invested in in the last 10 years. I still believe that the key securities partner at the ny office of a top tier law firm does NOT get involved with a stock trading on the pinks at .0001 for most of 2004 without some VERY BIG reasons for doing so.

Anything can happen here. Roger and Urban can run into snags nobody anticipated. On the flip side, Roger may execute this flawlessly and sooner than I expect. Who knows. I am currently in with 33M shares and I truly believe in my heart that we will be a piece of history with the outcome. I truly believe there will be a massive redistribution of wealth from the gutter slime that has savaged and brutalized companies over the last decade by naked shorting into the hands of good, upstanding investors like us that will actually do good things in the world with this money rather than simply use it to leverage more naked shorting to crush more American entrepreneurship. Time will tell. I will be a part of this ride whichever way the current takes us.

Z

As always, these are my personal opinions.

Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.

---------------------------------------------
As the author stated it is speculation. I do like what he had to say about many things. I am long in this stock and do believe there is a huge naked short position and there is value in the mineral claims. I look forward to some of that redistribution of wealth from the Robbing Hood MM's who steal from the rich and poor and give to the rich and very rich (themselves) to the new Robin Hoods who get from the Rich Robbing Hood MM's and will find many good uses for this money besides trying to ruin other companies. IMO-GLTA-DD-Debi
 

This sounds/reminds me too much of IBZT and Qbid, the potential for a power play is huge, plus long term investment.

I think I am going to get a friend of mine into this stock. She is 18, even fifty dollars into this stock, at .0005= 100k shares. If it hits:

.005 =$500
************
.01 =$1k
.03 =$3k
.05 =$5k
************
.10 =$10k

I see .03 as, in my optinion, a possible short term, perhaps three to five month target price range.

Besides, if she gets involved now, at 18, she'll be at a huge advantage in five years... The biggest reason why most young adults do not have trading accounts is that they are 'afraid' to invest/open one or don't know how to do it. If only I had opened one at age eighteen. Not saying I'd have more money, just years more of experince with finance. That alone is a huge benefit of having a trading account: knowledge...

-John
 

quote:

---

Originally posted by realperson:

Not to start any wars, but everyone needs to raise an eyebrow and decipher the garbage that's being posted lately.

---

I find it interesting to check the posters profile and see when they became members. Most of the posters on the "hyped" threads like QBID are recent members. I still think of myself as new and I have been on here longer than most of them. (January)
Just an idea on how to check credibility

[/B][/QUOTE]

Time on here does NOT reflect credibility. That's a bunch of paraniod hogwash... lol! So your saying that since I didn't start sooner I haven't any?
I just started dabbling in the stock market 3 weeks ago. I ran across this stock in my 1st week playing. And bought after reading the info here which pointed me in the directions and then some to do the DD dance. I do feel that every angle should be considered be it pos + or neg -. Screw the bashers. But one must "think" for themselves. Otherwise this board should be named "closed minded CMKX!" jmo
 

quote:

---

Originally posted by realperson:

Not to start any wars, but everyone needs to raise an eyebrow and decipher the garbage that's being posted lately.

---

I find it interesting to check the posters profile and see when they became members. Most of the posters on the "hyped" threads like QBID are recent members. I still think of myself as new and I have been on here longer than most of them. (January)
Just an idea on how to check credibility

[/B][/QUOTE]

Just because a person has recently decided to register here does not undermine their credibility. I lurked for months before I registered.

By I guess your registration date vs. mine does that make you more credible than me? Honestly I would hope no one views anyone here as credible. You just can not trust anyone "these days". Too many people with too many agendas.

Everyone needs to do their own DD and keep everyone elses *opinions* in check and need to make their decisions based on their own thinking and not anyone elses.

Of course this is all just my opinion and no one should listen to me either.

CMKX
Diamond Guru (Admin)

member is offline

Posts: 2099
Notes from chat on Paltalk...
« Thread started on: Jun 27th, 2004, 11:27pm »

--------------------------------------------------------------------------------
Notes from PalTalk:

Alot been happening with co.

Pete said Ron said were in a real critical time right now.

We must be careful with what we say.

UC is very excited.

News very, very soon.

News controlled by E&A. No confirmation on exactly when. We're going to like the news.

UC concern is shareholders, and proud of shareholders who stuck around so long.

Pete is concerned shareholders will be cashed out by co. going private. But there were no comments from Ron. Ron said we'll keep the shareholders.

Pete said, Ron said UC believes/knows there's a naked short and the lawyers are working on it.

They're working on a party for all shareholders in Las Vegas and UC wants to do this.

Ron got phone call from UC who was very excited about new things that have transpired over the weekend. It's huge! UC didn't tell Ron what it was.

Pete is going to try to make every race. He's trying to get a line pass for next race. May see him on ESPN one day

Ron can't wait to get back to Las Vegas to really talk to UC.

Sterling said, that the price didn't go up because of short position. When you see high volume and no price increase. If you shorted you make sure you have billions of shares to capture back money put into CMKX.

Company to keep shareholders....merger or dividend
shares in another stock. Reissue CIM?? To another exchange Could roll into one big pile CIM and everything else they got to next exchange?

Sterling says Topo is the man, he's very excited. He should be. Sterling is trying hard to keep his excitement down

We have a huge opportunity: lawyers, amount of land, everything else that has been made public...should have already been at .05 as per Topo.

I think we are beyond the point of needing to convince people of what I am going to call the CMKX ADVANTAGE!

1. We have the 1.4 million plus acres of mineral rights advantage
2. We have the Drill rigs and teams drilling and moving to sites already advantage
3. We have an historic Aerial Survey that no one else has ever had in diamond exploration over the Fort a la Corne region advantage
4. We have an incredibly experienced Law Firm escorting us through these difficult stages advantage
5. We have Urban and his staff of geologists that are some of the best in the world reading and interpreting the scientific data advantage
6. We have a PPS that is way undervalued at .0005 and is bound to increase to an investors advantage
7. We have already made our intentions known to become fully reporting and transparent to move up to a more reputable exchange and we know this to our advantage
8. Steps have already been taken and confirmed that what we are hearing in the ACTUAL PR's from the company is exactly what we are doing to our advantage
9. We have millions and millions of shares already in the bank at a very low PPS giving us an advantage over anyone else coming in after us
10. The MM's owe billions of shares to investors and will have to move the PPs to get the shares they need and we know this to our advantage
11. We have educated and experienced investors working with us throughout these boards to keep us informed and to help us sort out the facts so we can make wise investment decisions on our own which is a great advantage!

The CMKX ADVANTAGE is a reality, a very real opportunity, and not just a dream! It is definitely not a lottery ticket! That is the worst comparison for CMKX we could ever make! I would love to have the CMKX ADVANTAGE working for me on a lottery draw, I would have near an 80% chance or an 8 in 10 chance of winning the lottery instead of the 1 in 3 billion or so you get with the lottery!

I think back through much of my life and everytime an opportunity would arise most people would turn out to be lethargic, indecisive, pessimistic, suspicious, negative, and overall against the opportunity even though they knew absolutely nothing about it!

It is amazing how people can be so set against prosperity in whatever form it comes unless it has a 100% guarantee. In my personal opinion CMKX is about as close to a guarantee someone could get without actually getting one! And that is the great thing about the CMKX ADVANTAGE that those investors are aware of for sticking around a while! As a matter of fact one could actually say that a guarantee in CMKX is inferred by a non-existent implication.

It is like Melvin said, with CMKX and our search for diamonds used to be like fishing for fish in an ocean (or lake) and now we are fishing in a barrel. Have you ever fished in a barrel? I have, and the fishing is great!

Hundreds ( ) of magnetic anomalies in a region known to possess kimberlite that is diamondiferous 80% of the time and 50% of the time the diamonds are 1mm in size! I'm no rocket scientist but has anyone really read what the PR has said to us?

This is like getting an 80% guarantee that out of the hundreds (say 200 on the low side) of the magnetic anomalies (80%) 160 are going to be diamondiferous and (50%) 80 are going to have diamonds 1mm in size. This isn't even considering the non-magnetic anomalies!
This is not guess work this is reported and confirmed fact from the region! I used to drive to Pennsylvania to hunt deer because they were so plentious! I some times go to Alabama fishing because the fish we want to catch are so plentious and no limit on them. I'm sure very one of you go some where because the chances of getting what you want are higher. Whether it is a pair of shoes, tools, meat, clothes, etc..., we go to certain places because of the POTENTIAL that place has proven to us in having what we are looking for! Diamonds are no different! Fort a la Corne is proven itself over the years to be 80% diamondiferous in its kimberlite and 50% on 1mm size of diamonds! This just happens to be the BEST PERCENTAGES IN THE WORLD, BY FAR!

Well, that's where we are, and that's why Urban went there, and that's why he started 15 years ago gathering up mineral rights and claims!

So many out there are worried about the PPs, the share structure, and the financials, but the truth of the matter is that if Melvin told us the truth and the other anomalies on the map looked like dimes and ours looked like OREO COOKIES then it doesn't matter if we have 500 billion O/S (even though I don't believe we do) and are millions of dollars in debt (but I don't think we are) it would be irrelevant if only half of the percentages provided to us by the Canadian Government and CMKX were true!

I hope every pessimist, lethargic, indecisive, suspicious, and negative opportunists out there doesn't buy a single share of CMKX until every one of us have as many shares as we want! As I said at the beginning, we are beyond needing to try and convince anyone of CMKX and its potential.

The CMKX ADVANTAGE is only for those that have seen it, acted upon it, and have made their stand in it! The rabbit is out of the hat and if others can't see it then it is because they don't or won't see it! Maybe they are not supposed to see it, but my question is to those of you reading this:

Do you think I am reading to much into this or are we setting in an incredible position and we must be the only ones seeing this, or are we blinded to a boogey man hiding in the dark and we can't see it?

I have followed this company for nearly 19 months and I am more excited now than when I bought in at .0001 and more excited than when Carolyn was drilled and Melvin unwittingly said Mt. St. Helens was going to blow!

What do you think about our position? I know we would like an O/S and financials, but in the worst case financial and O/S scenario I still see a win, win situation!

Besides the O/S and financials, how do you read CMKX's potential as it is revealed to you right now?

Thanks in advance for your replies!

Dr.D
 

KEY GOLD CORP.

2 month chart

any input?

[This message has been edited by STAR GAZER (edited June 28, 2004).]
 

quote:

---

Originally posted by XchangeMODE:
check out KYGC

KEY GOLD CORP.

2 month chart

any input?

---

they have 41,000,000 shares as the OS!!!!
guess what i have 78,500,000 shares in CMKX myself... lol

be realistic please

rock on cmkx holders http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?t=CMKX&range=7&mgp=0&x=4&y=9&i=2&hdate=
damn number keeps going up
 

quote:

---

Originally posted by Booty Quest:
FarmBoy, you are sooo right! I think Richnessforeveryone is a total fraud! LMAO!!! I was just reading his posts on the negative CMKX thread and can see exactly what you were saying about him and how he pretends to speak poor English. This must be an old basher who changed his name and came back for more.

I was in the audience of the Jon Benet Ramsey murder case in LA and learned a lot about ransom notes. People that disguise their handwriting or personalities in writing will eventually become exhausted and revert back to their normal style.

LOL! At the beginning of this guys long bash-paragraph, I couldn't read without deciphering every few words, but I decided to trudge through. All of a sudden, he became fluid! I was breezing right through it and was amazed! It hit me like a rock!

It's funny that he spells the tough words right, the words like 'doubt' that most people around here spell wrong, but butchers the simplest words. What a scammer!

You may disagree, but I suggest people use their discerning abilities around here. I've seen a lot of scams going on at QBID lately. People that spend months becoming your friends so when the time comes they can exploit that bond and get you to sell all your shares. Then they come back and try to appear nothing like that other person. some of them are very savvy and pretending to be Lotka probably gives them a thrill every time they fool us!

Here are 3 examples of people that I think would do something like this:

U4TSAF2 - $CASHTAKER$ - DragonMaster

There are others, but I won't go there. Take this for what it's worth. Agree, disagree, bash me senseless...I am tired of distrusting people. It doesn't have to be this way. GLTA)

---

I think you are absolutely right.
For instance there are many posters around here who spell the word HUGE wrong.
They spell it HUGH.. you all should take notice.
I think they are all one and the same.
Ustaf4 was one of them and stargazer is another.

[This message has been edited by vado (edited June 28, 2004).]
 

quote:

---

Originally posted by STAR GAZER:
Upside, you brought up a point that I hadn't considered. You said that you bought most of your shares at .0002 I bought most of mine at
.0001 and so even at .0005 I have a lot of leeway. On the other hand, some of the newer people bought at prices hihgher than .0005, even as high as .001 And so looking at your post reminded me that we will probably do ok no matter what happens, but other people might not. I stated in CMKX #1 (a long time back) that when I first started looking into this stock over a year ago, that I had a VERY STRONG SUSPICION that Mr. Casavant was a shyster who was trying to sucker people into buying his stock. But I kept watching it and finally decided that enough positive things had happened that made the risk worth while to put SOME of my money into the stock. However, even now, I still have a feeling in the back of my mind that this could somehow still be a scam, and so I am keeping a close watch on it. I like what I see, but I'm trying to be careful that I don't look at it through rose colored glasses. In fact, that's why I have a sell order for 1/10th of my shares at .025 Even if it is a scam, the stock can still make a good run, and if it is a scam, Mr. Casavant will try to get it to run as high as ossible. But if it is a scam, and I have been suckered in before on other stocks, then eventually everything will fall apart, and if I can actually sell 10% of my shares at .025 I will have a hugh hugh profit
on my original investment, even if worse comes to worse. However, considering all the good things that this stock has going for it,
I will have to see something pretty convincing before I will sell my shares, and even then I will probably hold on to some of them.

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at .025 I will have a hugh hugh profit

[This message has been edited by vado (edited June 28, 2004).]
 

quote:

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Originally posted by vado:
I think you are absolutely right.
For instance there are many posters around here who spell the word HUGE wrong.
They spell it HUGH.. you all should take notice.
I think they are all one and the same.
Ustaf4 was one of them and stargazer is another.

[This message has been edited by vado (edited June 28, 2004).]

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Don't forget to look for 'looser' instead of 'loser' and 'dought' instead of 'doubt'.... interesting isn't it?!
 

quote:

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Originally posted by pharmdman:
Don't forget to look for 'looser' instead of 'loser' and 'dought' instead of 'doubt'.... interesting isn't it?!

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I am very wary of this and pther boards..most of the time I just read the posts I don't post a lot only when I have something to ad or is it add.

quote:

---

Originally posted by STAR GAZER:
Goodness, looks like I made a HUGH mistake. Oooops, I should say HUGE mistake. OK, I admit it, I am one of the worlds worst spellers.When I write these posts, I actually
have a dictionary with me. If I think that I mispelled a word ... darn, misspelled a word,
I look it up in the dictionary, but if I don't realize that I spelled a word wrong, then I won't look it up. I had no idea that I
was sspelling HUGE wrong, and so I kept on doing it. There will probably be a lot of words that I spell wrong. However, I don't think that I have ever bashed a stock or a person. In fact I've posted a lot of stocks for people to buy such as AIDO. Other people may have mentioned them before me, but if I see some new info or PR about the companies such as HIET or URMP, then I post it. Right now I am looking at other stocks such as VRMD
and CFGC. Also, I don't change from bad to good and back to bad English, and my misspelled words stay misspelled, unless I notice that some one else has spelled them differently and I check them out, but that doesn't usually happen. Well, this post is getting to be huge and off the subject of CMKX and so I will end it hear, oops, here.

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Just an observation dude.
No offense I hope.
 

[This message has been edited by Money_Penny (edited June 28, 2004).]
 

Kensington Resources Ltd.: Aggressive Evaluation Program Planned for 2004/2005
Monday June 28, 9:15 am ET

VICTORIA, British Columbia--(BUSINESS WIRE)--June 28, 2004--Kensington Resources Ltd. (TSX VENTURE:KRT - News; the "Company") announces details of the Forward Work Program for 2004/2005 presented at a meeting of the Joint Venture partners of the Fort a la Corne Diamond Project in Saskatchewan on June 16, 2004. This program, budgeted at CDN $6.0 million, has been approved by the management and Board of Directors of the Company and will cover the period from the present until March 31, 2005.
ADVERTISEMENT


Past programs have focused on assessing the resource potential for an individual kimberlite body or for a unit or units within a particular body. This approach has resulted in better geological definition of sub-units within the kimberlites and recognition that some of these sub-units have relatively higher grades. The project strategy has now been revised to focus on the higher grade units within proximally-located priority kimberlite bodies and to consider them in combination. This approach has the advantage of considerably increasing the size of the potential resource and may permit significant economy of scale to be achieved for a large scale mining operation.

Robert A. McCallum, President, stated, "This is a logical shift in strategy by the operator. The emphasis now is clearly on moving the project towards a decision regarding pre-feasibility as quickly as possible. We fully support the new approach and will work closely with our Joint Venture partners during this crucial stage of development. Given the present shortfall in the world supply of rough stones, Fort a la Corne could well become a large, long-term low cost producer."

At the Joint Venture meeting, the Company received from the operator a draft report prepared by De Beers Mineral Resource Management Department ("MRM") presenting the geological modeling and grade estimates for kimberlite bodies 140/141, 148 and 122. Grades have been estimated from microdiamonds and assume a bottom cutoff of 1.5 mm. Preliminary results indicate that the higher grade units of kimberlite bodies 140/141, 148 and 122 defined in the 2003/2004 work program range from 29 million tonnes to 156 million tonnes with average grades of 7 carats per hundred tonnes to 16 carats per hundred tonnes. The microdiamond interpretation used to estimate grade can also be used to estimate a diamond size distribution. The combination of this size distribution and value information from macrostones can be used to estimate an average diamond value. This was done for the different units in 140/141 and for body 122. The reader is cautioned that the number of macro stones used to obtain value data is very small and amounts to 155 carats for 140/141 (all units) and 17 carats for body 122. As a result, the confidence in the average diamond values per unit is low. The combined units of higher interest contain an estimated 369 million tonnes at an average modelled grade of 10 carats per hundred tonnes. Please see a more detailed technical summary of this information, as well as a copy of the latest technical report, which can be viewed on the Company's website at www.kensington-resources.com.

The reader is cautioned that the grade and value estimates are conceptual in nature and the volumes for each of the high interest zones are early estimates derived from computer-generated 3-dimensional models of kimberlite units within areas defined by drillhole intersections. Volume to tonnage estimates were calculated using a specific gravity 2.4 g/cm3 for all kimberlite units. The tonnage estimates require further delineation drilling to better ascertain lateral and vertical extents of the geological units. The Company will release a more complete summary of the MRM report as soon as the results for kimberlite 150 are completed and the report is finalized.

While these higher grade units of higher interest are physically separated by distances of 2 to 3 kilometres, there are several larger kimberlite bodies in the southern portion of the property which require further evaluation for higher grade zones. The potential of the higher grade zones within these kimberlites might then be considered in combination with the units already defined.

In order to define a potential resource as rapidly as possible, the Joint Venture partners have endorsed a substantial program for the 2004/2005 season. It is anticipated that drilling will commence in August and a second phase of drilling may be implemented as early as the second quarter of 2005.

The main initiatives of the 2004/2005 program include:

A program of large diameter (36-inch or 914 mm) mini-bulk sampling holes distributed over bodies 140/141, 148 and 122 to increase confidence levels in grade and revenue estimates. Additional HQ coreholes may be required as pilot holes for these large diameter drillholes (LDDH).
A core drilling program on three of the next most prospective kimberlite bodies in the southern portion of the claims specifically to test for higher-grade zones.
A drilling program to explore newly-defined kimberlite targets in the southern claim area from airborne magnetic and electromagnetic surveys including the large gravity anomaly to the east of body 150.
The joint venture partners have also agreed to carry out the following work immediately with unexpended funds remaining from the 2003/2004 program:

Sample existing core from Kimberlite 122 for further microdiamond recovery and grade forecasting.
Implement a broad program of sampling and analytical work providing whole rock geochemical data that will compliment detailed core logging and petrographic studies used in identification of kimberlite phases.
Conduct a trial survey of comprehensive indicator mineral chemistry and heavy mineral abun****** on Kimberlite 140/141 with the objective of validating the methodology as a potential exploration/evaluation tool for selection of priority FalC kimberlites.
Integration and modeling of geophysical data for kimberlites 122, 148, 150, and 140/141.
Conduct an expanded electro-magnetic survey (TAMT) over the 140/141 kimberlite designed to pinpoint the underlying feeder vent(s) for the body.
Brent C. Jellicoe, P.Geo. is the Qualified Person for the Company and has reviewed the technical information herein. All aspects of quality assurance, quality control and sample chain of custody for the Fort a la Corne Joint Venture are managed by De Beers Canada Exploration Inc., the project operator.

The Fort a la Corne Diamond Project is a joint venture among Kensington Resources Ltd. (42.25%), De Beers Canada Exploration Inc., a wholly owned subsidiary of De Beers (42.25%), Cameco Corporation (5.5%) and UEM Inc. (carried 10%). The 71+ kimberlite bodies of the Fort a la Corne Field form one of the largest diamondiferous clusters in the world.

ON BEHALF OF THE BOARD OF DIRECTORS

OF KENSINGTON RESOURCES LTD.

Robert A. McCallum, President

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Such factors include, among others, the risk factors contained in the Company's documents filed from time to time with the B.C. Securities Commission and the U.S. Securities and Exchange Commission.

DrDiamond
Diamond Finder

member is offline

Gender:
Posts: 58
What about these daily spikes in the PPS?
« Thread started on: Today at 11:18am »

--------------------------------------------------------------------------------
Many have asked what or why these spikes come in the PPS; such as todays .005! Some may call it a slip of the finger but knowing the MM's tactics I would call it an INTENTIONAL slip of the finger!

The MM's usually will daily intentionally spike the price in case some investors have sells placed on a STOP order! When the spike goes up it activates all of the STOP orders that were on hold and now initiates them to fill at market price!

What this means is: Lets say the PPS is .0005 and there are millions or billions of shares hanging on STOP orders up through .005. Remember that when the STOP PRICE is reached the order automatically becomes a MARKET ORDER meaning it will compete in the open market and sell at the next available price!

So the spike goes up to .005 and every STOP ORDER between .0005 and .005 are automatically kicked into the market to sell. Since it was only a spike by the MM's to jar those shares loose, immediately the .005 spike drops back to .0005 where the MM's can pick up all of these millions of shares at the market value for .0005!

Below is the definition from Ameritrade on what a STOP order is!

"A Stop order indicates that you want your order to become a Market order once a specific "stop" price has been reached. Each market center determines if the order is activated either by an execution at the stop price or the appropriate quote. For listed securities, the most common practice requires that an execution actually occur at your stop price. For Nasdaq/OTC stocks, the stop may be triggered on either an execution at that price or at the appropriate quote. For equity sell stops, the appropriate quote is the bid price; for equity buy stops, the appropriate quote is the ask price. Once the order becomes a market order, it will then seek an immediate execution, with buy orders usually executing near the current ask price and sell orders executing near the current bid price. Placing a stop order for a volatile stock does not guarantee order execution at or near the stop price. Once activated, your order competes with all current market orders. The Stop order is designed to protect against potential loss by liquidating (or covering) a position (or partial position) if the market price changes in a direction that negatively affects the position's valuation. "

This is just one reason we might see these .005 spikes or it could be a slip of the finger! Either way the MM's can call it what they want, but they still have got what they wanted. The millions or billions of shares!

Hope this helps!

Dr.D

 

LoL

I really am. I don't mind us trading sideways for a few days, it will only strengthen the run. I've been here a few times and I know we are going up.
 

So in the meantime, pretty much lurking.

------------------
~,-,-< GatorMan
 

TORONTO, June 28 /CNW/ - Both Toronto Stock Exchange and TSX Venture Exchange will be closed for the Canada Day holiday on Thursday, July 1. Both exchanges will re-open for business on Friday, July 2 and will be open on Monday, July 5, while the U.S. Markets are closed to observe the 4th of July holiday.

realityinc21
Member posted June 28, 2004 11:55
--------------------------------------------------------------------------------
THOUGHT THIS WAS CUTE!! OFF TOPIC!!
Retirement Plan:

If you had purchased $1,000.00 of Nortel stock one year ago,
it would now be worth $49.00.

With Enron, you would have $16.50 left of the original $1,000.00.

With WorldCom, you would have less than $5.00 left.

But, if you had purchased $1,000.00 worth of Beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling price, you would have $214.00.

Based on the above, current investment advice is to drink heavily and
recycle.

It's called the 401-Keg Plan

------------------
DIANA

Also, Does anyone think the MM's will be able to get the pps to dip any more? Say to around .0003 possibily .0002? Or would that only happen in the event of a bad PR, or bad news about the O/S situation?

I'm still long and strong no matter what!
Go CMKX...we believe!!!
Thanks to all. And Good Luck!!!
 

quote:

---

Originally posted by XchangeMODE:
has anybody been able to buy at 0.0004
i`m guessing it`s mostly mm`s covering

---

quote:

---

Originally posted by Str8Shooter:
Does anyone see a possible R/S with this stock in the future? If so what would be the cause? And what would be the effect on the stocks future??

Also, Does anyone think the MM's will be able to get the pps to dip any more? Say to around .0003 possibily .0002? Or would that only happen in the event of a bad PR, or bad news about the O/S situation?

I'm still long and strong no matter what!
Go CMKX...we believe!!!
Thanks to all. And Good Luck!!!

---

YOU can look at KYGC for reference last 2 months regarding r/s
0.0003 or 0.0002 only possible with negative
pr
i think mm`s are covering and holding it down
people are buying not selling today
rsi line is flat could be in for a reversal
and let`s put a bet in it closes 0.0005
just my opinion!
ihave more of it posted on the regular non member thread

 

quote:

---

Does anyone see a possible R/S with this stock in the future? If so what would be the cause? And what would be the effect on the stocks future??
Also, Does anyone think the MM's will be able to get the pps to dip any more? Say to around .0003 possibily .0002? Or would that only happen in the event of a bad PR, or bad news about the O/S situation?

---

Either one of these two scenarios could happen. I'm not saying they will but it's always a possibility with this or any stock. A reverse split could happen to get the o/s to a reasonable amount (if it's large) and to meet minimum price requirements for a NASDAQ listing.

As far as the market makers beating the price down, if the naked short theory is correct, they'll do everything in their power to beat the price down especially if they sense that there is strong upward momentum. They'll try to cover at the lowest possible price.
 

quote:

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Originally posted by Upside:
bill,
Isn't the number from Nevada the authorized amount only or has that been confirmed to be the outstanding amount also?

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The real fight in this race was the battle for second place. In the final laps the Chevrolets of Scott Franchimone and Lee Keach ran each other hard for the runner up spot. After approximately 25 laps of hard charging, Franchimone finally completed the pass on the final circuit. The Chevrolets of Scott Dodd and Ron Nava completed the top five.

In victory lane an elated Hatch had high praise for his hardworking BHRM Motorsports crew who provided a strong race truck right out of the box.

The flow of the race was slowed four times but the yellow flags had no impact at all on Hatch's race rhythm. With each ensuing restart Hatch easily pulled away from the field to again re establish his lead.

[This message has been edited by highwaychild (edited June 28, 2004).]
 

I posted last night about a lawsuit against the MM's, that at some point they must meet fair evaluation status.

My scenario was that we have a market cap at 50 Million at .0001 if we have OS at 500 Billion. Any offer for a buyout exceeding that 50 million would prove we are undervalued.

The problem is that our OS arent close to that level and our price is currently .0005. So market cap could be

.0005 times 20 billion = which lowers the valuation considerably. That would be 10 Million as our valuation. Is this stupendously low or what?

Would anyone expect 1.4 million acres, with hundreds of anomalies, is worth more than that to Debeers or another diamond giant? That is pocket change and I would expect a bid, if ten giants were to compete with each other for the rights, in the low billions.

Would they offer 2 billion for this many pipes? Probably. I can't see why not. It would be a great investment unless they could get it cheaper.

valuation then would be 2 bill/20 bill = .10

Now let's set up the law suit. To file one must first have damages. What would be the damages of MM's impeding fair value?

The purpose of stock is to raise money so you can make money. This effects the company and stockholders futures. So a price that is intentionally held down effects the ability to raise money.

When stock is authorized for sale it often remains in the treasury until funds are needed then the authorized shares are released. It is usually held and only those released are actually traded. That means say 10% is sold at set price and no more is released til more money is needed. The company can make an initial sale only once and that is the money they raised.

If the stock is held down then the amount they can raise when new stock is released is minimal, and the stock cannot produce the revenue needed. If the stock is at fair value it may produce 10, 20 or 1000 times the revenue, thus expediting the company to its goals.

Now, say the company is forced to release at .0001 times 1 billion shares, when they should be releasing at .01 times 1 billion. The difference is the damages the MM's could be held liable. Plus, say they could produce 10 billion in diamond revenue with that extra money they could also be liable for the revenue they impeded.

In my opinion the law firm will collect facts and revue fair value so that real damages can be assessed. Could be in the millions and could be in the billions. Depends upon what they find, the mood of the judge that day, etc.

The mm's would have to ask, do we set on it and make money in turn risking a substantial law suit, or let it rise and take their licks from shorting.

Doesn't matter to me, either way we reach our goals at some point. I would think taking lumps would be better for the mm's that having the liability of future earnings. That is up to them though.

I think they will sit on the stock as long as possible then jump off just before the law suit would hit. They will make big business decisions and probably come out ok.

My only goal is to serve God and care for the family, if those goals are met God can punish their dishonesty on his own time.
 

quote:

---

if the info was right that is the authorized amount. which is what a r/s would deal with. with the shares that are naked out there who knows the total # floating around. o/s would be the # of authorized shares still out there...am I correct in this?

---

bill1352,
If a reverse split happens, the company can elect to have their authorized shares split but it usually doesn't happen that way. If their authorized shares are 500 billion, chances are it would remain at 500 billion. That is up to the company. The outstanding shares (or o/s) are what would be affected.
All of the people who own shares (the o/s) would be affected by a split. The authorized shares could (and probably would be) be unaffected.
 

[This message has been edited by highwaychild (edited June 29, 2004).]
 

WWJDTM - thanks for your compliment.

Goodnight to all.
 

quote:

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Originally posted by noahltl:
Here's a list of all the MM's with telephone numbers.
http://www.otcbb.com/asp/symbol.asp?issues=MPIDs&searchby=name&searchfor=*&searc hwith=starting

---

One tiny bit of correction on your comments about a stock split. If the outstanding shares are above half of the authorized shares, there would have to be a corporate resolution increasing the authorized shares. Otherwise, you are 100% correct.

Debi,

You keep referring to that lawyer as being some sort of key to this whole thing. Not necessarily so. All WS law firms worth peanuts, have more than 1 securities expert.

Maybe the low will hit .0003 today?

Other questions that no one has addressed.
Concerning those Treasury shs that are not in fact retired if they are in the Treasury.
Who sold them (16.5 bil shs, plus)- at .0001 that's $1,65 mil plus? Who bought them? Where did the $$$$s come from and where did they go? What is the amount of Treasury shares as of this moment?

[This message has been edited by Wallace#1 (edited June 29, 2004).]

[This message has been edited by Wallace#1 (edited June 29, 2004).]
 

Here is Edwards & Angell web site:
http://www.ealaw.com/index.php
 

You keep referring to that lawyer as being some sort of key to this whole thing. Not necessarily so. All WS law firms worth peanuts, have more than 1 securities expert.

Maybe the low will hit .0003 today?

Other questions that no one has addressed.
Concerning those Treasury shs that are not in fact retired if they are in the Treasury.
Who sold them (16.5 bil shs, plus)- at .0001 that's $1,65 mil plus? Who bought them? Where did the $$$$s come from and where did they go? What is the amount of Treasury shares as of this moment?
---------------------------------------------
Wallace, I am very pleased with both the law firm and lawyerthat CMKX chose to represent their interests. I think his background is compatible with the special needs this company has. As far as the stock possibly hitting a low of .0003 goes-maybe some of our .0004 buys will get executed if it hits .0003 on the bid. If this stock was allowed to move freely it would have definitely been hitting many ticks higher and a couple of down ticks would be likely to occur. It is being unfairly manipulated and in all fairness you would have to agree. No stock has billions of shares sold day after day without budging on the ask. This is one of the main problems facing this company that our law firm will be addressing. I am looking forward to seeing this resolved.
As far as your unanswered question related to the share count. Get in line behind all the investors waiting for complete disclosure of all the share count data. I did read an excelent post today about this and will search for the link. I can't give you a thorough synopsis of it because it was difficult to follow. The poster did send away at his own expense for the records on file with the state of Nevada. He matched PR's with share activity on file and accounted for the shares you are asking about. He drew a conclusion of a very small outstanding share count. It was a link from the NIZ board at RB. I am looking forward to seeing the data on Outstanding shares and the Naked share count. I am also looking forward to the company becoming a reporting company again. At that time we will have most of our questions answered. At least the ones which all reporting companies are required to answer. IMO-GLTA-DD-Debi
 

Glad to know at least we can agree to disagree at any time without any hard feelings. YOU CAN COOK ME ICE CREAM BALLS AT ANY TIME!!!! LOL
 

Here is the link: CMKX news! just humor...
http://tinyurl.com/2egcb

 

quote:

---

Originally posted by Money_Penny:
CAUTION - I think Wallace is trying to gain popularity by acting half-way "normal", and then, at a later date, when he has wrapped some newbies around his finger, he will show his true side and start bashing again. For those who don't know Wallace, don't listen to anything he says because he is a BASHER!!! Look in the old CMKX thread for proof.

---

i know ,cooking ice cream balls sounds suspect to me
 

I do not bash a stock, however I do present information, good or bad, that I can verify.

If this upsets you perhaps you should either quit reading the message boards, or grow up and not fall in love with the stock. I am in this for the money, not a love affair. While I am interested in the fact that we might have an up and comming network, I am not blind, having been a broadcast engineer for 25 years, and put a number of radio/television/network stations on the air/cable/production facilities.

So if you cannot take the good with the bad or vice versa, perhaps you would like some cheese with that whine.

Personal attacks on myself or others do not solve the basic problem, you didn't do your own dd. That's pretty much the end of the story. It's a stock, not a friendly gathering, not a social event, and motherly love doesn't even begin to come into the mix.

Take responsibility for your own actions, I do. I make a bad decision, I own up to it and try not to make another. You would rather blame it on someone else. Doesn't work under the best of conditions. At the end of the day the only one you have to convince is the guy/girl looking at you in the mirror. Don't bother trying to convince me as I know already.

Thanks for your consideration

The DragonMaster

quote:

---

Originally posted by Booty Quest:
FarmBoy, you are sooo right! I think Richnessforeveryone is a total fraud! LMAO!!! I was just reading his posts on the negative CMKX thread and can see exactly what you were saying about him and how he pretends to speak poor English. This must be an old basher who changed his name and came back for more.

I was in the audience of the Jon Benet Ramsey murder case in LA and learned a lot about ransom notes. People that disguise their handwriting or personalities in writing will eventually become exhausted and revert back to their normal style.

LOL! At the beginning of this guys long bash-paragraph, I couldn't read without deciphering every few words, but I decided to trudge through. All of a sudden, he became fluid! I was breezing right through it and was amazed! It hit me like a rock!

It's funny that he spells the tough words right, the words like 'doubt' that most people around here spell wrong, but butchers the simplest words. What a scammer!

You may disagree, but I suggest people use their discerning abilities around here. I've seen a lot of scams going on at QBID lately. People that spend months becoming your friends so when the time comes they can exploit that bond and get you to sell all your shares. Then they come back and try to appear nothing like that other person. some of them are very savvy and pretending to be Lotka probably gives them a thrill every time they fool us!

Here are 3 examples of people that I think would do something like this:

U4TSAF2 - $CASHTAKER$ - DragonMaster

There are others, but I won't go there. Take this for what it's worth. Agree, disagree, bash me senseless...I am tired of distrusting people. It doesn't have to be this way. GLTA)

---

------------------

 

They won't hold it down forever, just be patient.
 

quote:

---

Originally posted by Money_Penny:
CAUTION - I think Wallace is trying to gain popularity by acting half-way "normal", and then, at a later date, when he has wrapped some newbies around his finger, he will show his true side and start bashing again. For those who don't know Wallace, don't listen to anything he says because he is a BASHER!!! Look in the old CMKX thread for proof.

---

The quality of the law firm and our attorney is our strongest evidence of CMKX being a legitimate company. Not the only, just the strongest. So a basher has to attack that point of strength if he is to successfully sow seeds of doubt. A look at the law firms website clearly shows that they are a major player in corporate law, stock and securities, and the Wall Street playground. We could not be represented by a more qualified firm or attorney. But what are facts to a basher?

 

quote:

---

Originally posted by emunahstock:
We should be at .05

They won't hold it down forever, just be patient.

---

[This message has been edited by cool1sh (edited June 29, 2004).]
 

Roger has over 20 years of experience in securities law. He has handled numerous IPOs and other public offerings, PIPE transactions, exchange and hostile and friendly tender offers, mergers and acquisitions involving public and private companies, private placements, Rule 144A sales, Rule 10b5-1 plans and all filings and reports required by the Securities Exchange Act of 1934.

The companies he has represented have been in the telecommunications, media, health care, financial services, technology and software industries and have had securities listed on the New York and American stock exchanges and the NASDAQ stock market.

Notable Experience

* Roger was involved in the $600 million acquisition by a major telecom company of corporations and limited liability companies holding FCC licenses.

* Roger represented another major telecom company in a cash tender offer and the $450 million outstanding high-yield debt of an acquisition target pursuant to a change-of-control indenture provision.

* He was instrumental in the acquisition of an Austrian wireless telecom company with $1 billion of assets.

* Roger handled the successful takeover of an insurance company by hostile tender offer.

* Roger represented a telecom company in the issuance of $200 million in Senior Notes in a PIPE transaction.

Recent Speaking Engagements and Publications

* The Going Public Sourcebook,co-author, a guide to the initial public offering process and ongoing reporting and other compliance obligations of a public company published by RR Donnelley Financial.

* Corporate Responsibilities of Public Companies in 2003, author, 2003.

Before Edwards & Angell

After college, Roger practiced as a Certified Public Accountant on the audit staff of Deloitte & Touche in Miami. He began his legal career with the Securities and Exchange Commission, where he conducted investigations for the enforcement division.

Besides Edwards & Angell

Roger is an enthusiastic golfer and tennis player.

Sidebar information:

Quote:

Areas of Practice
Corporate
Private Equity & Venture Capital
Securities

Industry Experience
Financial Services
Healthcare
Technology
Telecommunications

Education
University of Florida, School of Law
J.D., with honors, 1980
Executive Editor, Florida Law Review Order of the Coif
Florida State University
B.S., cum laude, 1976

Bar Admissions
Florida
New York


 

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

My apology if it is a repost.
 

quote:

---

Upside,
One tiny bit of correction on your comments about a stock split. If the outstanding shares are above half of the authorized shares, there would have to be a corporate resolution increasing the authorized shares. Otherwise, you are 100% correct.

---

Wallace,
I can see the need for that in the case of a forward split but are you sure about that in a reverse split? They would be reducing the outstanding amount so why would they need to increase the authorized?

 

You are right about a reverse split - no need to increase authorized. I mistakenly thought you were talking about a forward split.

You are also right about outstanding shares vs float. Public float is considered to be only those shares in the hands of the public. It excludes shares held by officers, directors, their families, their trusts as well as institutional holders. The reason public float is important is that it MAY be indicative of enough shares issued and outstanding so as to create or help to encourage an orderly market. Further, you are right about authorized shares plus issued and outstanding shares. Treasury shares are also issued shares...just, to my knowledge, not considered outstanding shares until they are used for some purpose and then become outstanding shares.

DragonMaster- post at 11:00
futuresobjective- post at 11:11

WELL SPOKEN!!!

[This message has been edited by Wallace#1 (edited June 29, 2004).]
 

Marleys Post was in need of it's own thread.
Good Luck Longs,
Jon

Here it is:

THIS IS JUST MY OPINION, and you certainly don't need to believe it, but I've mentioned it before on this board. I think a very low outstanding is certainly a possibility. I'm not a pumper, I'm a CPA who has worked in the financial/business world for many years. I was an auditor for many years, so I have a tendency to be skeptical. But this is the best upside potential I have ever seen with the smallest downside risk. I am willing to take this chance in a big way. The amount I have learned from other CMKX posters on various boards is worth a lot to me. So whatever happens, I won't feel like I've lost.

I have worked with many small business owners who work so hard to make it. They work so hard and often fail because of things outside their control. When they can smell victory, they know they were the ones who always believed in themselves, they had been doubted by so many others. Most of the time they did most of the work and don't feel they owe anything to others, except those who believed in them (longs). I am very strong on my feelings toward CMKX. To me, like many others have said, it appears it could be a chance of a lifetime. But this is my opinion and I'm glad Sterling is proposing an outstanding that I think is VERY POSSIBLE.

I agree with Sterling's analysis. I think there is a good chance the outstanding is very low. I also think UC KNOWS he's got something really big in CMKX, maybe far more than we could currently imagine. I think we all agree he could not have gotten Glenn unless he had something really special, and I don't think he needed Glenn, specifically, if he didn't have a fight to settle with the MM's (SEC Connections).

First of all, I believe UC found out he had some exceptional property with a lot of value. Nothing official, just based upon some confidential outside expertise that wasn't reported to the public. Then he realized he needed to get back his shares so he could get as much of the ownership as possible. Why give away millions/billions of dollars when you can buy your shares (potentially worth more than $1) back for .0001 or less. He knew his shares were ridiculously underpriced. He did all the work. Why should he give away millions of dollars. If the outstanding was 30 billion, all he needed was $3 million or less to buy it all back if the price stayed at .0001 or less. (Even today, assuming UC's property has the value, if UC wants to screw the naked shorters, why not borrow enough money to buy enough shares to get the outstanding down really low, since the price is only .0005. He knows the value of his property. They seem more than willing to keep shorting the stock. They're not playing fair. Buy the shares down to near zero and wait for the valuation.
The naked shorters will be screwed.)

Some people have posted that he comes from money, so if this is true, I think he could get that kind of money. Especially, if he had something potentially worth billions. When he started retiring shares at the end of 2003, he may have been trying to buy back the outstanding to zero so he would have total control of his dream. I know some people on this board disagreed with me on a previous post when I used share buy-back and retirement interchangably, but the only way I know to retire shares is to buy them and retire them. In any case, this is the usual way to retire them. Where else are they going to come from? To an owner who has all the stock, it doesn't matter if the outstanding is a billion shares or a 100 shares. They're all his. So I believe he may have kept buying the outstanding until he reached a point where he was real close to eliminating the outstanding and his shares were still being traded in the billions. This got him very angry and he new he needed big time help to deal with this.

He could document this and show it to Glenn. It is not hard to get all your filings and sales of stock and then get all your purchases together on a spreadsheet and give Glenn a copy of your spreadsheet along with the supporting documents and go meet with him. Take your CFO or outside accountant along for credibility. Unless he went to Glenn with a pretty locked up argument, I don't think Glenn would take the case on. UC also was able to communicate with Glenn about the value of his property, or Glenn probably wouldn't have taken on the job either. What would be the sense of taking on a potentially historic battle fighting the MM's for a valueless company. Not too likely.

As time passed UC had more info on the value of his property to obtain additional funding so I don't think he needed to sell more stock. I think he is keeping a low profile with press release information because he knows the MM's will keep shorting his stock and the price will not move as it should. I have watched level 2 for several weeks now and I know that everyday there are way more buyers of the stock than sellers, so why shouldn't the price go up. Instead, it goes down. When the price went down from .0010 to .0005 after the so called "negative" press release. I watched level 2 almost that entire day, and there was no reason, based upon supply and demand, that the price should have gone down at all. Some days it looks like on level 2 sales at the ask price outnumber sales at the bid price by10 or more to 1. Look at level 2 today, the first 80 or so sales were at .0005 and most have been at that price. Why hasn't the price gone up? What is the sense of issuing significant press releases into that?

My guess is Glenn was hired to orchestrate the whole process so the owners would get fair value for their investment and the MM's/shorters would pay for their past deeds.

I think everyone should hold their shares because it appears this info will be released soon. Please understand that an attorney like Glenn will make sure his i's are dotted and t's are crossed so delays and changes to timeframes are likely. This may be why some of the so called important dates have gone by without significant events. Glenn may be slowing things down because he wants things done a certain way. I believe you can already see some of Glenn's influence in the recent press release. The press release about the arial survey was better written and included a statement that buildings and equipment were considered in determining the number of anomalies. He was trying to to answer critics before they could ask the most likely questions. Don't get frustrated and sell before something big happens.

How many shares outstanding are there? I'm not sure and I don't know if it is final yet. I would think UC is meeting with Glenn to determine what the appropriate outstanding should be. At their level of financing, I think it is easy for them to change the outstanding to whatever they want it to be. Especially, if they have bought it down or close to zero. UC may have to sell shares to get the outstanding where he wants it. I loved Sterling's post, that UC could make the outstanding 1 share or any other number, because it should have put the naked shorters on notice. I think UC and Glenn will arrive at an estimated likely value for the company, and determine an outstanding that would put the per share price at a level that will punish the naked shorters but will not create such a hardship that paying up would be impossible. Certain naked shorters will be punished more severely. As Driller has said recently, this is a form of war!

That is my guess on what has occurred. I believe I am only connecting the dots, reading between the lines, and filling in the blanks. I'm sure there is much more to this than I am stating, but I think my guess is not too far off.

I very much doubt this is a scam because Mr. Glenn would have had to look at some pretty strong information before he risked his reputation. If we are getting scammed, so is he, and he is smarter and has access to more resources than we do. If it's not a scam, it seems it can only be a winner.

Wish you all good luck with your own theories and I believe you should do your own due diligence and come up with your own theory as to what's going on. Then decide what to do. Just don't spend the rent money because there is always a chance things will not work out until you see the price climb. I just bought 6 million more shares at .0005. I've been buying since December 2002, and I haven't sold a share yet. I am more confident now in CMKX than I ever have been before.

I hope you find this worthwhile.

John
Logged

The authorized number of shares of our common stock and the par value of
our common stock under our articles of incorporation would remain the same
following the effective time of the reverse split.

The number of shares of our common stock issued and outstanding would be
reduced following the effective time of the reverse split in accordance with the
following formula: every 1,000 shares of our common stock owned by a stockholder
will automatically be changed into and become one new share of our common stock,
with 1,000 being equal to the exchange ratio as determined by our board of
directors.

 

[This message has been edited by VNGNTN1 (edited June 29, 2004).]
 

Issued shares do not equal the float. Many shares are deducted from the issued and outstanding shares to determine the float.

Look at it this way. Hallmark Cards is a corporation with issued and outstanding shares. It is also a private company, since all the shares are owned by insiders in one form or another. There is no float whatsoever.

[This message has been edited by Wallace#1 (edited June 29, 2004).]
 

People on the boards have been mistaken often when using the term "float", and have tried to use it to define some mythical figure which is between what investors hold and the O/S. A number which because it is so fluid is near impossible to calculate let alone analyze.

Float = O/S - Shares held by insiders. http://www.moneychimp.com/glossary/float.htm
http://www.investordictionary.com/finance/dictionary/definition.aspx?def=216
http://www.winninginvesting.com/stock_market_glossary.htm#F

Hope that helps out. Be well...Bo
 

Your directed comment did not go unnoticed.
For your information, whenever a company makes application to list on an exchange, the float (public only - and that's what float is), that number of public shares is required by the exchange. They REQUIRE a count of all shares as to how many INDIVIDUAL shareholders there are, including those held in "street name" and deduct those held by insiders, insiders' families, institutions and brokers (where the brokerage companies actually own the shares). This is not new...it has been done for years. That is the only way an exchange can determine if, in the opinion of the exchange's managing personnel, that any particular company has enough shares in truly public hands so as to provide an orderly market. The NYSE's requirements are different from the Amex. The Amex is different from other exchanges...remember there are also stock exchanges in cities other than NYC. I doubt very much if a broker is fully cognizant of the specifics of listing operations and applications.
 

CMKM Diamonds Inc. Message Board Now Available
ChristianTraders steps in to provide a forum for CMKX shareholders.

(PRWEB) June 23, 2004 -- Thousand of CMKX shareholders were suddenly left without a message board Friday June 18th. The company was required to take such action due to abuse of the service by users. It is unfortunate that the actions of a few, can have such a negative effect on so many.

Not as a company representative, but as a concerned shareholder, ChristianTraders has added a CMKX message board to it's website for the benefit of all shareholders.

The message board is located at http://www.christiantraders.com or you can go directly to the message board at http://christiantrader.proboards28.com

ChristianTraders is designed for the investor that recognizes Jesus Christ is Lord, not money. A daily newsletter is available with both Christian and Financial commentary along with a number of message boards including AZCO Mining - AZMN, Desert Health Products - DHPI, and Dale Jarret's Racing Adventure - DJRT. The message boards are a new service recently added by ChristianTraders.
http://christiantrader.proboards28.com/

[This message has been edited by TradingWizard (edited June 29, 2004).]
 

CMKM DIAMONDS, INC. (Pink Sheets: CMKX) - A FAMILIAR DRILL
June 25, 2004

The volume has been deafening, and a bit odd. On Tuesday June 22, 2004, investors traded 3,262,736,128 shares of CMKM Diamonds, Inc. (Pink Sheets: CMKX). It was a record trading day for the Company, but hardly the first time billions of shares of CMKM have changed hands.

Just one day earlier, on Monday, June 21, 2004 investors traded more than 2 billion shares of CMKM - 2,147,483,600 shares according to available reports. The previous trading day, June 18, 2004, CMKM reportedly traded exactly the same number of common shares - 2,147,483,600. On those two days, the second ranking Pink Sheet stocks, in terms of volume, traded just over 200,000 and 100,000 shares, respectively. That is quite a gap.

To make matters even more puzzling, the historical trading records available on the Investors Hub website indicate that CMKM also traded 2,147,483,600 shares on each of the following dates within the last month: May 25th, June 1st, June 4th, June 7th, June 9th, June 16th and June 17th. What are the chances of that happening? David Duval was a better bet to win the US Open.

As we discovered, that recurring number is more likely the product of technical limitations than coincidence. Trading volume of 2,147,483,600 shares a day is the optimum number that reporting systems can post in the historical records available online. But while that may explain the odd repetition, it also opens the possibility that daily trading was well in excess of 2,147,483,600 on those days.

The overwhelming interest in CMKM stock is even more remarkable since it does not appear that any single brokerage firm has been driving the process. No firm has filed a Form 15c-211 to be listed as a market maker for that stock on the Pink Sheets.

While the share price for CMKM, .0006, remains microscopic, the trading volume is nonetheless noteworthy. Investors - albeit collectively - have been willing to spend almost $1.3 million a day to buy shares of CMKM, and on June 22nd they upped the ante to almost $2 million.

And billion share volume is hardly an aberration for CMKM. In recent weeks, daily trading volume for CMKM stock has repeatedly exceeded 1 billion shares. It signifies heady enthusiasm for a Company that does not file regular reports with the Securities and Exchange Commission, and whose financial condition remains a mystery.

So why are investors flocking to buy - and sell - billions of CMKM shares? They may just be searching for diamonds in the dark.

Mining in the Dark

For over a year, investors have not been privy to verifiable information concerning CMKM, its existing business, its financial status, its corporate structure, its management team, or its immediate and long-term prospects. In the absence of public filings, those details are largely unavailable. Indeed, the minimal information available about CMKM has come principally from press releases and the corporate website.

What can investors learn about CMKM's business? Far too little. CMKM's website describes it as a "new company involved in the exploration for diamonds in the Canadian province of Saskatchewan." How new? The Company, which used to be called Casavant Mining Kimberlite International, Inc. was incorporated in Nevada on April 18, 2002.

CMKM says that it holds mineral claims to more than 1.4 million acres in the Fort á la Corne area of Saskatchewan. While the Company suggests that diamonds have been discovered in Saskatchewan in general, and Fort á la Corne in particular, there is nothing to indicate that CMKM has uncovered a source of diamonds that justifies the current level of interest in its common stock.

Indeed, while CMKM recently announced the discovery of minerals that were "positive" for "diamond content," the Company has not offered any expert analysis that would indicate that there is any likelihood this will lead to the discovery of marketable diamonds.

In other words, there is no sign that this Company is, or will soon become, a revenue producing business.

The mystery surrounding CMKM emanates largely from its decision to cease providing audited financial information to shareholders and potential investors. The Company stopped filing public reports in July 2003, shortly after it failed to file its Form 10-Q report for the quarter ended March 31, 2003. On May 16, 2003, CMKM advised the SEC that the March 31st report would be filed late (but no more than five days late) because it needed "further time" to prepare financial statements. Late turned out to be never.

In the absence of current financial statements, there is no simple way for investors to determine the assets, liabilities, revenues or expenses of CMKM - or even the number of outstanding shares. Some details about CMKM, at least circa early 2003, can be culled from an "Information Statement" filed by the Company with the SEC on February 3, 2003. That Information Statement offers modest insight into CMKM's very brief history as a public company engaged in mineral exploration.

Prior to November 25, 2002, the entity now known as CMKM was involved in a completely different enterprise. The Company, which was then called Cyber Mark International, Inc., had been in the electronic game business, although without appreciable success. According to its Form 10-Q for the quarter ended September 30, 2002, Cyber Mark's assets consisted of $344 in cash. There were no operating revenues. At the time the Company had approximately 352 million shares outstanding. The balance sheet was dismal - but at least there was a financial statement for investors to review.

On the other hand, the value of Casavant at that time (and CMKM at the present) seems to be a matter of some conjecture. The Company did not file any financial reports for Casavant, either at the time of the merger or subsequently. Consequently, investors must rely upon fragmentary information in the "Information Statement," which asserts that the Casavant mineral claims were valued at $10 million "in situ" at the time of the merger, not including pre-merger expenses of $3 million. It did not say how Casavant arrived at that valuation.

The number of outstanding shares increased exponentially soon after the merger. As of January 15, 2003, more than 7.2 billion common shares were outstanding. In order to accommodate the twenty-fold increase in outstanding shares in the months immediately following the merger, the Company increased its authorized common stock from 500 million to 10 billion shares.

Most of that stock - almost 7 billion shares or 85.8% of the outstanding stock - was purportedly held by individuals, corporations and trusts who acquired their interests "in consideration of $2,000,000 in cash and the forbearance of monies due them for loans and services rendered in connection with the Casavant Mineral Claims and their assignment to the Company."

The Information Statement did not provide a specific breakdown between the amount of cash paid and the value of services rendered in exchange for the shares. It did state that none of those shareholders controlled more than 4.9% of the Company's stock - meaning that they fell short of the 5% threshold that would have required their identities to be disclosed. In this case, however, the Information Statement suggested that information about those shareholders would be revealed. It was not.

Another 770 million shares were held by CMKM's President Urban Casavant and members of his family.

According to the Information Statement, the Casavant family, and the unidentified shareholders who owned 85.8% of the Company's shares, all voted in favor of the amendments increasing the authorized shares. But how was that possible since most of their shares could not have been issued until after the amendment was approved? After all, only 500 million shares were authorized when the merger was completed, and 352 million of them had already been issued before Casavant entered the picture.

Before the Company dropped the curtain on its public filings, it revealed one other stock issuance. On May 2, 2003, the Company filed a Form S-8 Registration Statement covering more than 1 billion shares that had been issued to two consultants.

It also filed a Form 8-K on April 25, 2003, indicating that the Company's President, Urban Casavant, had agreed not to sell, pledge or otherwise dispose of his 600 million shares of CMKM stock for three years. Presumably, that eliminates Mr. Casavant as one of the parties contributing to the recent sale volume for CMKM - unless, of course, that agreement was subsequently amended or revoked.

Unfortunately, these dated details do not reveal how many shares of CMKM are outstanding today, or even how many shares are presently authorized. Has the Company increased its authorized capital beyond 10 billion shares? It would seem likely that the answer to that question is yes.

According to information available from the Pink Sheets, CMKM split its common shares 2 for 1 on September 12, 2003. Based upon the most recent figures cited by CMKM in a public filing (7.2 billion shares issued as of January 15, 2003) there would have been at least 14.4 billion shares outstanding after the stock split.

And, again according to the Pink Sheets, there was more. On September 19, 2003, one week after the stock split, the Company issued a dividend of one additional share for each share held as of that date. In other words, at least 28.8 billion shares would have been outstanding - more than double the 10 billion shares authorized in early 2003.

To make matters even more confusing, on October 10, 2003 the Company issued a press release announcing the retirement of 9,020,371,427 shares. Then, on November 6th, the Company declared that it had retired more than 20 billion shares - more than double the number of shares that had been authorized in February 2003.

So just how many shares of CMKM are floating around? Without public filings there is just no way to be certain.

News, Yes. But Newsworthy?

In the absence of public filings, information on CMKM has come via a series of press releases. Unfortunately, those press releases reveal little information that would demonstrate the viability of CMKM's business or the value of its stock.

CMKM has regularly relied upon press releases to spread snippets of news, as it did when it revealed that billions of shares had been surrendered to the Company's treasury. Those late 2003 press releases also suggested that drilling in search of diamonds was imminent, but gave no sign that it actually had commenced.

In early 2004, the Company began to issue press releases with even greater regularity - but offered little useful information for investors trying to assess the value of CMKM. Consider the following:

On February 26, 2004 the Company issued a press release announcing that it would participate, together with several other U.S. and Canadian public companies, in an airborne survey of the Fort á la Corne Canadian kimberlite fields.
The survey, according to CMKM's President, Urban Casavant, would "identify known as well as search for new potential kimberlite pipes within our claims."
What does this mean? Kimberlite occurs in "kimberlite pipes," vertical columns of rock that rise from below the earth's surface and sometimes contain diamonds. Sometime, but not always. And while the Company's press release states that another survey in the Fort á la Corne area produced "outstanding known results," it conceded that "[t]here is no guarantee, however, that the survey will identify any kimberlite or kimberlite pipes." Even if it did, the Company cautioned "there is no guarantee that any such kimberlite pipes will contain any diamonds."
And the Company might have gone on to say - but did not - even the presence of diamond "content" does not guarantee the existence of marketable diamonds.

The next two press releases, on March 2nd and 9th, revealed the Company's plan to change its trading symbol from CMKM to CMKX - hardly the sort of news that would create interest among thoughtful investors.

The next press release, issued on March 11th, announced plans to begin drilling on privately owned land where CMKM owned mineral rights. While the Company promised to provide a live video stream of the drilling, it acknowledged that there was no guarantee that the exploration or drilling would result in any economic benefit.

If the March 11th press release offered little meaningful information, the next press release, issued on March 13th, provided even less. On March 13th the Company declared that it had begun its drilling "two days ahead of schedule," targeting areas with the "highest probability of a kimberlite find." The Company did not say how it had identified those target areas. Once again, however, it reminded the public that there was no guarantee that the project would produce anything of economic value to the Company.
The March 13th press release also stated that CMKM had secured funding for "an aggressive six month drill program." It did not reveal the amount of that funding, how it had been obtained, or its terms. Consequently, shareholders and investors were once again left without significant details that might indicate the Company's financial condition.

A press release with the next drilling update appeared on March 18th. The Company stated that its exploration and drilling program was proceeding as planned, that drilling on one "target hole" had reached sufficient depth, and that samples would be analyzed. It also disclosed that CMKM had purchased certain drilling equipment, although neither the cost of that equipment nor the source of funds were revealed. The Company promised to drill more holes, but still, there was no sign that CMKM had discovered any marketable diamonds or produced any alternative source of revenue.

On March 22nd, the Company issued a press release announcing that it had acquired a 25% interest in twenty-seven mining claims for consideration of $50,000. The Company promised that $200,000 (Canadian) would be spent to develop the property over the next year, but did not specify how those funds would be raised. Once again, there was no indication that the claims had, or were likely to, produce any meaningful quantity of marketable diamonds or other valuable minerals.

The onslaught of minimally informative press releases continued the next day, March 23rd, with an announcement that video footage of the Company's drilling was now available on the corporate website.

Shortly after 11:00 am on March 29th, the Company issued a press release announcing that kimberlite ore had been discovered on property located in Saskatchewan and jointly owned by CMKM and three other companies. The Company, which said the discovery would be named "The Carolyn Pipe," after the wife of CMKM's President Urban Casavant, noted that it was "too early for specifics on the mineral content and/or the possibility of diamonds," but claimed that the preliminary test was very encouraging and noted that "the kimberlite pipe is consistent with other diamondiferous kimberlite bodies located in close proximity."

Later that day, the Company issued a press release "updating" progress on The Carolyn Pipe. What merited the intra-day bulletin? The Company said that its drilling was well past 600 feet, and still in kimberlite ore.

The following day the Company continued what was beginning to seem like its foot-by-foot progress reports. The March 30th press release declared that drilling had passed 900 feet and was still in kimberlite ore.

Then there was silence. After the frenzy of press releases issued between February 26th and March 30th, the Company stopped issuing reports for almost two months. When it resumed, there was more news on The Carolyn Pipe.

A May 27th press release stated that the Company had completed its first phase of drilling at The Carolyn Pipe, having drilled five holes, four of which intersected kimberlite. The Company said that samples from two holes had been sent to an independent laboratory for analysis.
The press release addressed some of CMKM's other pending plans. The company revealed that plans to drill on its "Green Lake" claims would be delayed because of the potential difficulty of drilling through ice. It also said that its aerial survey of the Fort á la Corne area was continuing.

On June 10th, the Company announced that the independent laboratory, identified as Saskatchewan Research Council, had reported that samples from The Carolyn Pipe were "positive" for diamond content. The press release did not elaborate on those findings or offer any comment on the value or potential marketability of the diamond content, but again warned that there is no guarantee of an economic benefit to the Company.

The Company did not say that while the presence of "diamond content" may well be a promising sign, it does not in itself signify the value of the claim. It did, however, note - once again - that "[t]here is no guarantee that further exploration or drilling will produce any economic benefit to the company or the shareholders of the company."

Between February 26, 2004 and June 11, 2004, CMKM had issued eleven press releases noting its exploration efforts, but had not revealed facts that would establish the viability of the Company, its financial condition, or the potential value of its claims.

The Company recently issued another press release worth noting. On June 3, 2004, the Company addressed an issue that had remained on the backburner for almost six months.

On December 8, 2003, CMKM had announced its intention to spin-off its subsidiary, Casavant Mining International (CSI) as a separate public company. At the time, CSI apparently was involved in mining for zinc deposits. On December 19th, CMKM provided some details of the potential spin-off, saying that it would involve a share exchange with Mirador Corporation, a company trading on the Pink Sheets.

We found no further mention of the proposed spin-off until June 3, 2004, when CMKM issued a press release stating that the Mirador transaction had been abandoned because the Company wanted to focus on its diamond drilling program. The press release also indicated that CMKM planned to change its transfer agent, although it offered no explanation for the switch.

These press releases kept CMKM in the public eye, but provided only a modicum of information, and no financial details to guide investors or comfort shareholders. Is that about to change? On June 4, 2004, the Company announced that it had retained a securities law firm and planned "to begin the process of bringing the company into full compliance in order to be fully reporting." A second press release later that day disclosed the name of the law firm, Edwards & Angell. A third announcement, on June 16th, said that the lawyers had begun to work on "securities and corporate issues faced by the company."

Exactly what "issues" does the Company face? Like so many details concerning CMKM, that remains a mystery. The June 16th press release quoted the Company's new attorney, Roger Glenn of Edwards & Angell, who stated that "[w]e have been retained by the company to resolve the problems it has been facing, and we expect to devote significant efforts immediately toward that goal. The company has advised us that it is dedicated to complying fully with all requirements on it, and we are pleased to act as counsel to it on that basis."

The press release did not enumerate those "problems."

Public filings, if they do resume, could clarify all of these "issues," and provide verifiable details of The Carolyn Pipe "diamond content" discovery. Until that happens, it is difficult to understand why investors would want to jump aboard the daily billion share volume train.

©2004 Stock Patrol.com. All rights reserved.

Source: http://www.stockpatrol.com/schlock/doghouse/u_cmkm.html

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

June 29, 2004

LAS VEGAS, Jun 29, 2004 (BUSINESS WIRE) --

CMKM Diamonds, Inc., (Pink Sheets:CMKX) Announced today that it has engaged a new transfer agent -- Pacific Stock Transfer Company , 500 E Warm Springs Road, Suite 240, Las Vegas, Nv. 89119 phone 702-361-3033. D. Roger Glenn of Edwards & Angell, attorneys for CMKM Diamonds, Inc. said "The Company is proud to announce this relationship with Pacific Stock Transfer .It has a fine reputation as a transfer agent, and the Company is looking forward to working with it in the future. The Company is confident that Pacific Stock Transfer will process transactions in the Company's stock accurately and quickly.

To view further company updates, you can go to our website located at http://www.casavantmining.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties, including, without limitation, demand and competition for the Company's products and services, the availability to the Company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from operations and the ability of the Company to manage its operations.

SOURCE: CMKM Diamonds, Inc.

CMKM Diamonds, Inc. Melvin O'Neil, 306-752-3755 or 877-752-3755 fax: 306-752-3754 ipr@sasktel.net http://www.casavantmining.com

Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com.

Copyright (C) 2004 Business Wire. All rights reserved.

 

quote:

---

Originally posted by Wallace#1:
Suggest you all go back and review that post by an atty about Edwards & Angell and how many so-called experts in that office where Glen practices. Edwards & Angell is not considered a Wall Street firm...specialty is basically insurance if I remember correctly.

---

Wallace you spelled his name incorrectly And "your" cuttin' on everybody elses spellin'.His name is D. Roger GLENN,ESQ.And far as this post get on yahoo and put his name in D. Roger Glenn. 4th one down... whats that read...SEC filing,NASDAQ?
 

You know I truly wish you all the luck in the world! You can be tough but underneath, there's a lot of sugar..."sweetie pie".

Re the ribs and tempura...any time you get near my neck of the woods, let me know. You got it!!

Here's one for you. Re the release on 6/16/02 -- Roger Glen. Part of his statement said, "The company has advised us that it is dedicated to complying with all requirements on it, and we are pleased to act as counsel to it on that basis."

As a pink sheet listed company, there are few if any "requirements" on it. They even stopped SEC filings. If counsel is acting on that basis (that is, "requirements on it"), then I must suggest that they are doing little or nothing. What do you think?

[This message has been edited by Wallace#1 (edited June 29, 2004).]

[This message has been edited by Wallace#1 (edited June 30, 2004).]
 

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CMKM Diamonds, Inc. Announces New Transfer Agent
6/29/2004 9:56:00 PM

LAS VEGAS, Jun 29, 2004 (BUSINESS WIRE) -- CMKM Diamonds, Inc., (Pink Sheets:CMKX) Announced today that it has engaged a new transfer agent -- Pacific Stock Transfer Company , 500 E Warm Springs Road, Suite 240, Las Vegas, Nv. 89119 phone 702-361-3033. D. Roger Glenn of Edwards & Angell, attorneys for CMKM Diamonds, Inc. said "The Company is proud to announce this relationship with Pacific Stock Transfer .It has a fine reputation as a transfer agent, and the Company is looking forward to working with it in the future. The Company is confident that Pacific Stock Transfer will process transactions in the Company's stock accurately and quickly.

To view further company updates, you can go to our website located at http://www.casavantmining.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties, including, without limitation, demand and competition for the Company's products and services, the availability to the Company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from operations and the ability of the Company to manage its operations.

SOURCE: CMKM Diamonds, Inc.

CMKM Diamonds, Inc.
Melvin O'Neil, 306-752-3755 or 877-752-3755
fax: 306-752-3754
ipr@sasktel.net http://www.casavantmining.com

With the audit done, Global takes over and the MM's are put on notice. PR on share count could be out anytime. It would be great to know before the long weekend coming.

 

quote:

---

Originally posted by noahltl:
Thread was nearing full. With next week being anticipated as a very active week, thought we should get started with a new thread. Bashers can use up what is left of the old one. Pumpers aren't much needed here either, because everyone is already pumped on this stock. Opinion is valued, but opinion without substance or support is a waste of our time and thread space. Let's take a professional view toward this stock this week, stop the bickering and bashing, and clearly analyze what is going on with our investment.

---

------------------

 

MY TAKE ON TONIGHT'S PR.

Second quote from Roger Glenn in a PR in 2 weeks. In fact, the entire bulk of this PR is Roger Glenn. One thing I feel very confident in is that the top securities partner in the NY office of a firm like Edwards Angell is not a promoter or a pumper. And the fact that he is here twice in two weeks being quoted in their press releases is very, very important IMHO. I have said before that everything hinges on the share count (and valuation but share count is primary given that it relates to valuation AND the short position which must first be eliminated). This is the final warning shot. A quote from the lawyer that our transfer agent is good and ready. Doesn't mean the final count has been tallied and is yet verified but my personal interpretation is we are getting exceptionally close to it.

I'm tellin' ya. Lawyers at this level don't mess around. This PR wasn't meant to promote or appease shareholders. I interpret it as the final warning before the share count is released and IMO it becomes obvious to the whole world that we have had the living bejeezus shorted out of us.

Interpret it however you want. My translation is "Gentlemen, on your marks ...."

Z

As always, these are my personal opinions.

Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with
 

quote:

---

With the audit done, Global takes over and the MM's are put on notice. PR on share count could be out anytime. It would be great to know before the long weekend coming.

---

Glad that only Cnd markets are closed on Thursday. Interesting play is now unwinding, I guess the truth will be out soon. Good luck to all of you.

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

1. Establishing more consistent communicaton between company and investors.

2. Edward and Angell have given there approval of the new transfer agent.

3. Also the Pacific Stock Transfer Co. said they would not actively become the new transfer agent until the audit was verified by the Law Firm!

4. This tells us the audit is complete!

5. The Law Firm has approved of the audit and turned it over to Pacific Stock Transfer Co.

6. Special mention of quick and accurate transfers which may indicate it was a problem with the last company!

7. This could be the first of many good PR's to come on shares structure and financials!

8. YES!

Dr.D

June 29, 2004 09:56 PM US Eastern Timezone

CMKM Diamonds, Inc. Announces New Transfer Agent

LAS VEGAS--(BUSINESS WIRE)--June 29, 2004--CMKM Diamonds, Inc., (Pink Sheets:CMKX) Announced today that it has engaged a new transfer agent -- Pacific Stock Transfer Company , 500 E Warm Springs Road, Suite 240, Las Vegas, Nv. 89119 phone 702-361-3033. D. Roger Glenn of Edwards & Angell, attorneys for CMKM Diamonds, Inc. said "The Company is proud to announce this relationship with Pacific Stock Transfer .It has a fine reputation as a transfer agent, and the Company is looking forward to working with it in the future. The Company is confident that Pacific Stock Transfer will process transactions in the Company's stock accurately and quickly.

To view further company updates, you can go to our website located at http://www.casavantmining.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties, including, without limitation, demand and competition for the Company's products and services, the availability to the Company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from operations and the ability of the Company to manage its operations.

Contacts

CMKM Diamonds, Inc.
Melvin O'Neil, 306-752-3755 or 877-752-3755
fax: 306-752-3754
ipr@sasktel.net http://www.casavantmining.com

 

Good morning!

Glad you posted that reference to Jews and Christians. You beat me to it! Peace.
 

GLTA

[This message has been edited by cool1sh (edited June 30, 2004).]
 

quote:

---

Originally posted by WWJD-thru-me:
SAMSON123
Member posted June 30, 2004 00:38
Samson wrote:

---

------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
 

Going Private
By Michael J. Levitin and Steven S. Snider

Counsel to public companies are acutely aware that the Sarbanes-Oxley Act has imposed substantial new costs and risks on officers and directors. Boards and management may ask whether any strategy exists to mitigate those risks and reduce those costs. Such a strategy exists: going private.

"Going private" is the process by which a public company ceases to be a public company. Rules of the Securities and Exchange Commission ("SEC") permit a company to de-register its securities and thereby "go private" when it has fewer than 300 stockholders of record.

This article summarizes the business and legal factors that are causing management, directors, and stockholders to consider taking their companies private. It touches briefly on some legal aspects of realizing value after a privatization. Finally, it describes three methods for going private.

The Business and Legal Climate

The business and legal climate have changed dramatically in the last year. Public companies as a whole lost $7.7 trillion in market capitalization between March 2000 and July 2002. The activities at Enron and elsewhere inspired the Sarbanes-Oxley Act and corporate governance initiatives at the stock exchanges and Nasdaq.

The collapse in market valuations has affected the economics of remaining public. In particular, while a public company should still generally be able to raise capital more easily than a private company, the advantage is diminished if the company cannot easily tap the capital markets at an acceptable price. Companies must make similar calculations when considering whether to pay for an acquisition with stock: an acquisition may be unattractive if it is too dilutive. Options are also under pressure, as regulators urge companies to recognize a compensation expense, equal to the options' fair value, at the time of grant.

There will continue to be compelling reasons for many companies to go public and to stay public. Indeed, for enterprises that require large amounts of capital, staying public is the only feasible choice. For all companies, however, recent developments have affected the costs and risks of staying public. The increased costs and risks include the following:

Independent audit costs have increased. The Wall Street Journal reports that accounting costs are likely to increase 15% to 25% this year. Among the factors driving this trend are (1) provisions in the Sarbanes-Oxley Act and new SEC requirements that are causing accountants to spend more time with audit committees and working on companies' Forms 10-K and 10-Q, and (2) the elimination of a market-participant, Arthur Andersen LLP.

The Sarbanes-Oxley Act imposes new risks on officers of public companies. Among other things, the chief executive and financial officers must certify, in each of the company's Forms 10-K and 10-Q, that the report "fairly presents, in all material respects, the financial condition and results of operations of the issuer." An officer who signs this certification, knowing the report does not comply, may be fined up to $1 million and imprisoned up to 10 years; "willful" violators may be fined up to $5 million and imprisoned up to 20 years.

Members of audit committees face new burdens. The Sarbanes-Oxley Act and corporate governance initiatives by the stock exchanges and Nasdaq generally require audit committees to oversee more actively companies' independent accountants and internal controls.

The costs of regulatory compliance have increased. Among other things, the SEC has proposed to expand significantly the circumstances that necessitate the filing of a Current Report on Form 8-K, and the Sarbanes-Oxley Act substantially shortens the period for making filings under Section 16 of the Securities Exchange Act.

The cost of directors' and officers' ("D&O") insurance is likely to increase substantially for public companies. A recent report by Willis Group Holdings, Ltd. concludes that financially strong companies face increases of 25% to 40% in D&O premiums while weaker companies can expect increases of as much as 400%.

Two financial developments have also fostered going-private transactions. First, large pools of capital are currently available for going private transactions. According to Buyouts, fourteen buyout funds raised a total of $5.54 billion in the third quarter of 2002. Second, relatively low interest rates may permit privatizations to be financed on attractive terms with borrowed funds.

Realizing Value After a Privatization

There are many ways to realize value after taking a company private. The business could be taken public again or could be acquired. Duracell is one of the better-known examples. In June 1988, KKR paid $1.8 billion for Duracell, of which $350 million was equity. In May 1991, KKR took Duracell public. Five years later, Gillette acquired Duracell for $7.8 billion. A privatized company can also be sold without first going public.

Finally, it is also possible to realize value from a privatized company by increasing its profitability and making distributions to its owners. Depending on the owners' tax-status and future plans, it may be tax-efficient to convert the newly-private corporation into a limited liability company or S-corporation. This has the effect of subjecting the company's income to only one level of U.S. federal and, depending on the jurisdiction, state income tax.

Methods for Going Private

A company can go private in a variety of ways, including a merger, a tender offer, and a reverse stock split. A privatization typically commences when a prospective buyer approaches a public company, which may form a special committee to consider the proposal. The special committee retains legal and financial advisors and negotiates with the prospective acquiror.

In a going-private merger, the parties execute a merger agreement, and the company sends its stockholders a proxy statement soliciting votes on the merger. If all conditions to the merger are satisfied, the parties file certificates of merger with the relevant states, and the public company merges with an entity formed by the buyer. As a result of the merger and by operation of law, the shares of the public company's stock (other than shares owned by the buyer) are converted into the right to assert appraisal rights or receive the merger consideration. The merger consideration is the cash or stock paid to the stockholders. A merger typically leaves the surviving corporation with one stockholder, a subsidiary of the buyer. The surviving corporation then files a Form 15 with the SEC and thereby goes private.

In a tender offer, the acquiror purchases shares directly from the public company's stockholders. The acquiror sends the stockholders a written offering document, the "offer to purchase," and a letter of transmittal, which stockholders use to tender shares. Tender offers are commonly conditioned on the buyer's holding at least 90% of each class of the company's stock following the offer. Ownership of at least 90% of the stock permits the buyer to complete a short-form merger, without a vote of stockholders or soliciting proxies. In the short-form merger, the shares that were not tendered are typically converted into the right to assert appraisal rights or receive the same consideration that was paid to the tendering stockholders. At the conclusion of the short-form merger, the company typically has one stockholder, a subsidiary of the buyer.

Companies can – but rarely do – go private through a reverse stock split. In a reverse stock split, each outstanding share is converted into a fraction of a new share, and stockholders receive certificates representing whole shares and cash in lieu of fractional shares. For example, in a 1-for-10,000 split, each stockholder who owned less than 10,000 shares would receive cash only, each stockholder who owned 10,000 shares would receive 1 new share, and each stockholder who owned more than 10,000 shares would receive 1 new share for each 10,000 shares owned and cash for the remainder of his shares. A reverse stock split is generally effected by amending the company's certificate of incorporation; this requires the company to disseminate a proxy statement and permit stockholders to vote on the amendment. A 1-for-10,000 split effectively cashes out holders of less than 10,000 shares and reduces the number of stockholders. If the number of record stockholders falls below 300, the company may go private.

Business Organizations Mergers, Acquisitions, and Reorganizations 639
Source: http://articles.corporate.findlaw.com/articles/file/00144/008504

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

Q1: What is a Stock Transfer Agent? What services does EquiServe provide to the company that I actually own stock in?

A stock transfer agent is hired by a publicly traded company to maintain records of who owns the company's stock. Duties of a stock transfer agent (i.e. EquiServe) are:

- to keep the officially recorded books of ownership for the company, including facilitating the transferring of ownership of the stock
- to make dividend payments that the company has declared and funded
- to reinvest dividends and additional cash payments for shareholders to purchase stock if the company offers an investment plan
- to mail annual meeting materials to shareholders, and tabulate proxy results

Arising from these responsibilities are many others. For instance, because we calculate and mail dividend payments, we also communicate tax reporting information. In addition, EquiServe is often called upon to facilitate and process corporate reorganization transactions (such as mergers and acquisitions), as well as administer employee stock purchase and stock option plans.

Source: http://www.equiserve.com/shs/faq/faq_stock.htm

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

Happy reading!

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

Too greedy? May be
 

quote:

---

joel on ibc radio said he just called 400 billion share outstanding cmkx

---

Was he stating an opinion or a known fact?

 

----------------------------------------
By: abadgoodgirl
30 Jun 2004, 12:38 AM EDT
Msg. 31739 of 32187
(This msg. is a reply to 31720 by RichieBoy.)
Jump to msg. #
When I spoke with Pacific, the guy told me they had gotten the documents earlier because the date was "pushed up". Said he wasn't supposed to have them until July 28.

Said he didn't get the computer disk from prior transfer agent but that she was suppose to get the software company to burn one. Otherwise they are entering data manually.

He said he does have the list of the 900 shareholders although somebody else said he said 965 shareholders.

He said around the 8th. Depends if they can get the disk. But he knows right now the number of shares outstanding. He got the list from the prior transfer agent.

He is merely going to enter information on his computer so it can track stock transactions such as retiring shares and such.

[This message has been edited by TradingWizard (edited June 30, 2004).]
 

Please, please only base this or any holdings mostly on facts.

Many others have reported calling the transfer agent, who indicated that at this time, such a number is not ready to be released.

Regardless of which of the above case is closer to the truth, may I suggest to await announcements from CMKX or Attorney Glenn regarding this or any other issue.

Also remember what I mentioned regarding the definition of the float is:
Oustanding Share minus Shares Held by Insiders of the Corporation.

Regardless of what the O/S number is, it is also important to keep in mind those shares held by insiders to determine the tradable float. Be well, Bo

[This message has been edited by Bo14172 (edited June 30, 2004).]
 

Posts: 55
Re: STERLING: "Wouldn't surprise me OS less t
« Reply #21 on: Today at 11:48am »

--------------------------------------------------------------------------------
Sometimes I have theories and sometimes I have questions. Right now, I have a question for all of you folks who are convinced the o/s is over 100 billion. Have you seen, WITH YOUR OWN EYES, documentation of CMKX having authorized 500 Billion shares? We have people looking for these papers and so far, no one has produced them. Until someone does, the only people whose theories are based on published, verifiable fact, are those people who say that Urban has bought up, and retired the float. I understand quite well, that either way, good things can happen for the company. I am just trying to base my beliefs and expectations on what is known, rather than what is conjecture. Thanks in advance for sharing what you find!

Peace!
bubbles

-------------------------------------------
Author Topic: CMKX = LOW O/S = HIGH PPS!!! (Read 102 times)
bluediamonds
New Member
Posts: 17
CMKX = LOW O/S = HIGH PPS!!!
« Thread started on: Jun 29th, 2004, 12:29pm »

--------------------------------------------------------------------------------
CMKX = LOW O/S = HIGH PPS!!!

Marley
Diamond Hunter

member is online

Posts: 12
Re: STERLING: "Wouldn't surprise me OS less than 100M
« Reply #20 on: Today at 11:41am »

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THIS IS JUST MY OPINION, and you certainly don't need to believe it, but I've mentioned it before on this board. I think a very low outstanding is certainly a possibility. I'm not a pumper, I'm a CPA who has worked in the financial/business world for many years. I was an auditor for many years, so I have a tendency to be skeptical. But this is the best upside potential I have ever seen with the smallest downside risk. I am willing to take this chance in a big way. The amount I have learned from other CMKX posters on various boards is worth a lot to me. So whatever happens, I won't feel like I've lost.

I have worked with many small business owners who work so hard to make it. They work so hard and often fail because of things outside their control. When they can smell victory, they know they were the ones who always believed in themselves, they had been doubted by so many others. Most of the time they did most of the work and don't feel they owe anything to others, except those who believed in them (longs). I am very strong on my feelings toward CMKX. To me, like many others have said, it appears it could be a chance of a lifetime. But this is my opinion and I'm glad Sterling is proposing an outstanding that I think is VERY POSSIBLE.

I agree with Sterling's analysis. I think there is a good chance the outstanding is very low. I also think UC KNOWS he's got something really big in CMKX, maybe far more than we could currently imagine. I think we all agree he could not have gotten Glenn unless he had something really special, and I don't think he needed Glenn, specifically, if he didn't have a fight to settle with the MM's (SEC Connections).

First of all, I believe UC found out he had some exceptional property with a lot of value. Nothing official, just based upon some confidential outside expertise that wasn't reported to the public. Then he realized he needed to get back his shares so he could get as much of the ownership as possible. Why give away millions/billions of dollars when you can buy your shares (potentially worth more than $1) back for .0001 or less. He knew his shares were ridiculously underpriced. He did all the work. Why should he give away millions of dollars. If the outstanding was 30 billion, all he needed was $3 million or less to buy it all back if the price stayed at .0001 or less. (Even today, assuming UC's property has the value, if UC wants to screw the naked shorters, why not borrow enough money to buy enough shares to get the outstanding down really low, since the price is only .0005. He knows the value of his property. They seem more than willing to keep shorting the stock. They're not playing fair. Buy the shares down to near zero and wait for the valuation.
The naked shorters will be screwed.)

Some people have posted that he comes from money, so if this is true, I think he could get that kind of money. Especially, if he had something potentially worth billions. When he started retiring shares at the end of 2003, he may have been trying to buy back the outstanding to zero so he would have total control of his dream. I know some people on this board disagreed with me on a previous post when I used share buy-back and retirement interchangably, but the only way I know to retire shares is to buy them and retire them. In any case, this is the usual way to retire them. Where else are they going to come from? To an owner who has all the stock, it doesn't matter if the outstanding is a billion shares or a 100 shares. They're all his. So I believe he may have kept buying the outstanding until he reached a point where he was real close to eliminating the outstanding and his shares were still being traded in the billions. This got him very angry and he new he needed big time help to deal with this.

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

quote:

---

Originally posted by Az...Cats:
Phone number for transfer agent 702-361-3033.

---

Are you calling them? lol

 

Let's wait for facts and base our discussions and investment decisions on that.
It's good he cleared this up quickly.

[This message has been edited by Bo14172 (edited June 30, 2004).]
 

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

quote:

---

Called and confirmed 400 billion

---

Az,
Are you saying that you called and they actually confirmed it? Could you tell us who you spoke with?
 

Interesting that the O/S count came from Joel. Melvin likes him, would Jeol be mistaken or it is honest finding? Lets find out.

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

By: cmkxgroup
30 Jun 2004, 01:58 PM EDT
Msg. 345158 of 345210
Jump to msg. #

Melvin said please disregard anything unless you got it from the company official PR.
http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=345158

By: hades_ny
30 Jun 2004, 01:58 PM EDT
Msg. 345161 of 345224
Jump to msg. #

MELVIN ON THE AIR HE DENIES THAT THE OS IS 400 BILLION!!!!
OHHHHHHHHHH

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=345161

[This message has been edited by TradingWizard (edited June 30, 2004).]
 

It's just that with this one, good intentioned people (95% of us) need to be careful of those out their to try to profit from speculation and their hope for the market to react emotionally.

MM's make money based on control. The only control they have is to manipulate a stock downward. There is far less control to be long in a stock for them because the public would dictate the stock price. It's called the free market, which is something they rarely let occur. The freezing of trades and slow walkdown is their control to weight on investor's emotion and decisionmaking to sell. Ploys can be be used, both subtle and blantant to create a desired effect.

Speculation and theories are rampant on this company. I follow none of that.
What is good about CMKX, is that most, if not nearly all investors are focusing on the facts as reported through CMKX, rather than theories and rumor. In fact, some theories recently have gotten so outlandish that they turned out to be a blessing in disguise. Most, if not nearly all investors are now quicker to dismiss such posts, and are grounded and focused on what is real and verifiable.

I contend facts from the company and attorney Glenn will remain the basis on which this stock is traded, now more than ever. Bo

There is a petition floating around the various boards asking signatures to a petition to the SEC on Naked Shorting. I signed it about two weeks ago, and got a notice from Earthlink that they had sent me a virus infected e-mail message that had been isolated. I posted warnings then and was called a basher. I think the regulars here know that I am not. I really believe a petition to the SEC is a good idea, that's why I signed it originally. However, it is appears to be very dangerous to let them know your e-mail address. The petition started circulating during the last "craziness" over this stock. It very well could be a good ploy by a professional basher to mess up the 'longs' computers, so just be careful if you go there. Here's what Earthlink sent me today, and it is the same as a week or so ago:

**************************************
EARTHLINK VIRUS BLOCKER MESSAGE STATUS
**************************************

MESSAGE QUARANTINED

Virus Detected: Malformed container violation

Message Details:
From: Investigatethesec.com@ns1.sohost.net
To: xxxxxxxxxx@earthlink.net
Subject: Message from investigatethesec.com regarding Naked Shorting
Date: Wed, 30 Jun 2004 07:53:17 -0700


EarthLink Virus Blocker has quarantined a message sent to
you because it contains a virus that cannot be removed or
disabled.

Quarantined messages are automatically deleted three days
after they are received.

To learn how to access quarantined messages, visit:
http://www.earthlink.net/myaccount/help/virusblocker/#quarantine


*******************
Powered by Symantec
*******************
 

quote:

---

Originally posted by Az...Cats:
Just received an email today from investigatethesec.co thanking me for signing the petition. Should I be concerned?

---

The first one I received, I just figured maybe it was something wrong at Earthlink, but now after receiving a second one without revisiting that site, I would be very careful if you don't have a good virus scanning system.

 

quote:

---

Originally posted by Upside:
If the 400 billion figure came from Global it's probably correct as they were the ones doing the audit. That's assuming that this isn't some wild hoax that's being pulled.

---

[This message has been edited by VNGNTN1 (edited June 30, 2004).]
 

quote:

---

UPSIDE
What scenario do you visualize for a hoax ?
VAN

---

I guess I don't outside of the fact this whole thing was started by one guys call into IBC radio although it appears that at least one person here has confirmed his findings. But, it's not been confirmed by CMKX yet and the current sentiment on this thread is absolutely no discussion about anything until it's the company's official word. That's why I threw the hoax disclaimer in.
 

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

quote:

---

Originally posted by Golf57:
In the next few days we should see alot of new money coming in since QBID started falling like a rock. It looks like that's the end for QBID and the beginning for CMKX.

---

Golf57 - What's the short version of the problem at QBID? I sold before the drop and have tried to keep watch, but all the bashing of Diana etc., turned me off. I haven't been there in several days, but planned to look in for the "launch", is that a dead deal?

 

Institutional Ownership Increased

Alert Message
Institutional holdings of this company increased significantly

Alert Definition
This alert signals an increase of at least 5% in institutional holdings of a company's stock.
Financial institutions like banks, insurance companies, hedge funds and pension trusts own the vast majority of shares of stocks around the world. As an example, the largest public mutual fund that only owns shares of companies in the Standard & Poor’s 500 Index -- the Vanguard Index Trust 500 Portfolio -- has less than $50 billion in assets. In contrast, the world’s financial institutions are estimated to hold more than $600 billion worth of S&P 500 stocks.

These financial institutions have the best investment research in the world available to them, and regularly visit the management team of companies in which they buy shares. Consequently, they are considered to be the "smart money" that everyone talks about.

When these institutions decide to invest in a company, the move is generally considered to put a stamp of approval on the firm’s prospects. Every time that institutional ownership increases, moreover, the stamp of approval becomes firmer.

Increasing institutional ownership has the further effect of stabilizing the price of a stock, and creating a "floor" for its value. That’s because an institution that buys 5% of a company’s outstanding stock takes those shares out of circulation for some time, diminishing the number available for others to buy. Investors who want to buy the stock subsequently must fight over a diminished supply -- a situation that tends to make the stock dearer.

By itself, however, an increase in institutional ownership is not a reason to buy or hold a stock. It is just a clue that the stock is in demand by some pretty smart folks. Their ownership can be a two-edged sword, since a stampede out of a stock by institutions can cause millions of shares of a stock to flood the market, diminishing their value.

To determine which large institutions hold this stock, check Form 13-D and Form 13-G SEC filings in Stock Research. Any owner of more than 5% of a stock must tell the government -- and, by extension, you -- of any changes in their holdings within 10 days.

Note that institutional ownership is less of a factor for small- and medium-cap stocks. Since large institutions tend to take large positions, they tend to invest in large companies.

[This message has been edited by mondayschild (edited June 30, 2004).]
 

By: diamondwon
30 Jun 2004, 04:03 PM EDT
Msg. 39335 of 39335
Jump to msg. #
Just spoke with Brian Dvorak regarding OS.

Called the TA and listened to the message. Number of 400 Billion OS was given them by 1st Global. Numbers are not verified. They are getting so many calls that they put up the message. I called Brian Dvorak and he is with the company. It will take a couple of weeks he said to verify the actual OS.He said there are some people harassing the TA and that's why they put up the message.

Have patience folks, it's all unfolding as planned.

[This message has been edited by TradingWizard (edited June 30, 2004).]
 

gaitor58
Diamond Hunter

member is online

Posts: 3
O/S................ compared to float ????
« Thread started on: Today at 4:21pm »

--------------------------------------------------------------------------------
while a low outstanding share # is what we are all hoping for, it would do wonders for the share price, I believe there is one thing many are overlooking; the float. For those that don't know; the float is the number of available shares that you and I and the rest of the world can trade day in and day out. If the company is holding (owns) let's say 90% of the O/S then the float would be 10% of the O/S. You can have a large o/s number and still have a very small float (which is good).
Just trying to help those with questions
steve
 

quote:

---

Originally posted by TradingWizard:
I mention that before that probably TA is getting fed up with all the phone calls and this may verify my assumptions, I found this on the other board:

By: diamondwon
30 Jun 2004, 04:03 PM EDT
Msg. 39335 of 39335
Jump to msg. #
Just spoke with Brian Dvorak regarding OS.

Called the TA and listened to the message. Number of 400 Billion OS was given them by 1st Global. Numbers are not verified. They are getting so many calls that they put up the message. I called Brian Dvorak and he is with the company. It will take a couple of weeks he said to verify the actual OS.He said there are some people harassing the TA and that's why they put up the message.

Have patience folks, it's all unfolding as planned.

[This message has been edited by TradingWizard (edited June 30, 2004).]

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quote:

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Have patience folks, it's all unfolding as planned.

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It's all unfolding alright but I'd debate the as planned part of it.

quote:

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Originally posted by mondayschild:
Institutional Investors...Look at the chart
http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?ticker=CMKX

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Hey there Janie!!! Good to see you waaay over here in diamond town
 

Janie

quote:

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Originally posted by Booty Quest:
Hey there Janie!!! Good to see you waaay over here in diamond town

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quote:

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Originally posted by will:
The message said 400 B?

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Will, unfortunately I cannot confirm this. But I think that TAs are getting fed up getting all these calls - I know I would be really pi$$ed and give them what they want to get them off my neck. Lol

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

I personally think there is something funny going on with that sudden 400B number released just like that to the public, but I could be wrong, and we will have no way to know if Melvin is telling the truth. I wonder if we ever be able to find out how may shares were naked shorted, but R/S is looking better and better every day - not that I wanted to look like that.

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

And may be this will shine some light at the latest rumor:

By: zen91367
30 Jun 2004, 04:20 PM EDT
Msg. 32493 of 32524
Jump to msg. #
********READ THIS***********

OKAY CALM DOWN:

1) I have been telling you guys this for two days.; I know the O/S two days ago. Please see my preceding posts.

2) This is only a record of shareholders shares. For all we know it could have been short sales. If anything this is proof that it was the victim of NSS.

3) The amount of shares issued was not disclosed. There is a BIG difference of shares authorized and shares issued.

4) The amount owned by UC was not disclosed. We KNOW he is the majority shareholder, so he owns at least 51% of this number. In addition, he has been rumored to own 87% which is pure conjecture.

5) This should be taken as positive news until proven otherwise. At the very least we have a 245 Billion share tradeable float which I personally think is WAY to HIGH.

6) OR that we have suspected is true, We have been NSS to heck and back.

Let's just wait until the audit is completed and I believe you will ALL be surprised.

BASHERS will spin the info to suit their needs. This is what they do. Don't listen. They are not saying anything new, they are simply spinning a small piece of info to suit their needs.

IMHO ONLY>

and the response to the above:

zen, they said that it was the OS. The amount of shares Urban owns is not excluded for valuation purposes. Therefore, the float only matters for liquidity purposes. If the OS is 400B (excluding naked shorts) we are screwed because you are seriously diluting this thing.

And this:
By: BATMAN444
30 Jun 2004, 04:29 PM EDT
Msg. 32502 of 32528
Jump to msg. #
OUTSTANDING SHARES DEFINED

Outstanding Shares
The number of shares that are currently owned by investors. This includes restricted shares (shares owned by the company's officers and insiders) and shares held by the public. Shares that the company has repurchased are not considered outstanding stock.

NOTICE THE LAST SENTENCE!
UB RETIRED SHARES MAY NOT HAVE BEEN REMOVED FROM THE 400B BY 1ST GLOBAL!

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller

[This message has been edited by TradingWizard (edited June 30, 2004).]
 

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'Alone we can do so little; together we can do so much.' - Helen Keller
 

[This message has been edited by TradingWizard (edited June 30, 2004).]
 

quote:

---

Originally posted by TradingWizard:
will at least you been calling a whiner, I been called names that Allstocks had to deleted. LOL But you know I learned one thing, anything can be expected on the boards, and I really don't care, I just state my opinions and if I am wrong I will be first to admit.

---

quote:

---

Originally posted by Upside:
TW,
If anything it muddies it up a little more for me. I'm trying to put this together and my cpu (brain) is working rather slow today. A couple of thoughts though and they could very well be incorrect: #1, I can't see how this supports the trillion share naked short theory. If we assume that the authorized number of 500 billion is true, wouldn't the outstanding number have to be far greater than that if there are some trillion shares floating around that don't exist? This looks to me like a company that ran it's share issuance up to an astronomical figure and is now trying to figure out what to do about it, hence the attorney. #2, I did a little bit of looking around and tried to find a p/r or corporate record where it stated that Mr. Casavant is the majority shareholder. If it's true and he holds 51%, that at minimum lops 204 billion off of the o/s count taking it down to 196 billion. If other insiders hold a bunch there is a chance the float could get down to a somewhat respectable number. I didn't however turn anything up that states his real ownership percentage or even a simple "majority shareholder" statement. Thoughts are still popping into my head as we speak so I'll end it here or else I might type all night long. Things are going to get real interesting in the next few days.

---

Upside, I think they need lawyer for #1, and #2 could be a possibility, but there are too many unknowns to play with.

 

I called back to Pacific Transfer!
« Thread started on: Today at 6:40pm »

--------------------------------------------------------------------------------
The number they are releasing is NOT YET VALIDATED by the Law firm or Pacific Transfer!

The actual accepted and standing O/S will not be released until possibly Friday or next week!

The 400 billion is the number given to them by 1st Global and is not to be considered valid until it is reported by Pacific Transfer or CMKM Diamonds!

My concern was the electronic message and it was reported that due to the incredible amounts of calls coming in they had to set up a line with the message for they could not handle the number of calls that were coming in!

I asked why the message didn't simply say "we don't have that information until it is verified by the Law Firm and Pacific Transfer"? The reply was that CMKX investors would not take that as an answer and kept tying up the phone lines and the decision was made to release what information was available at the time!

So, there you go!

At least we should have a ball park figure in this 400 billion O/S!

I'm going back to bed! Feel like refuse!

Dr.D
 

quote:

---

Originally posted by noahltl:
If my simple brain understands all of this, the 400 billion would be the total number of shares being held by anyone. It seems that if UC bought back all or nearly all of the AS, then the 400 bil would all be naked shorted shares being held primarily in brokerage accounts. So, until we have the whole picture, I don't see how we can make any judgements. If anyone can straighten me out, please do. I promise not to post any "Bashers Handbook" quotes to your answer. LOL

---

OKAY CALM DOWN:

1) I have been telling you guys this for two days.; I know the O/S two days ago. Please see my preceding posts.

2) This is only a record of shareholders shares. For all we know it could have been short sales. If anything this is proof that it was the victim of NSS.

3) The amount of shares issued was not disclosed. There is a BIG difference of shares authorized and shares issued.

4) The amount owned by UC was not disclosed. We KNOW he is the majority shareholder, so he owns at least 51% of this number. In addition, he has been rumored to own 87% which is pure conjecture.

5) This should be taken as positive news until proven otherwise. At the very least we have a 245 Billion share tradeable float which I personally think is WAY to HIGH.

6) OR that we have suspected is true, We have been NSS to heck and back.

Let's just wait until the audit is completed and I believe you will ALL be surprised.

BASHERS will spin the info to suit their needs. This is what they do. Don't listen. They are not saying anything new, they are simply spinning a small piece of info to suit their needs.

IMHO ONLY>
http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=346629
 

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

quote:

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Originally posted by TradingWizard:
noah, just a friendly note, you are reposting information that was posted earlier above on this page. But if it is with other intentions, ignore my note.

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Sorry Wiz. Been visiting so many boards this afternoon trying to get a handle on all this, that it is starting to become a blur. Sorry about the repost.

The reason I dont mind is all my buying was based on 500 billion OS. If a good diamond find is made then it is still cheap.

At 400 billion that makes Cap 200 million which would be closer to real value. Throw in a 40 billion diamond pipe or two and it is still way low.

400 Billion / 40 billion is still .10 share. Still enough to make many millionaires. If these are real shares and insiders own 51% then we are still in the .25 range with a good diamond find.

This is a worse case scenario to me. If the 400 billion are bought back but not yet recorded we are in better shape, or if they are naked shorts we are in better shape.

I realize this could drive the price down temporarily but I doubt it hurts long term. If it falls back to .0001 then UC finds diamonds, then buys back most. Still in great shape.
 

Then Upside, like you, if RaiderJR is right then I will purchase some more at 0.0001. But lets just hope that pps stay between 0.0004-0.0005 for a while to establish good grounds, otherwise too much volatility does not look good on the company. What I would like to see more is institutional buying. However, the key to all this are DIAMONDS.

[This message has been edited by TradingWizard (edited June 30, 2004).]
 

From Melvin
http://mysite.verizon.net/johnsjungle/melvin630.mp3
 

quote:

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Originally posted by Forrestgump:

Copy from RB:

From Melvin
http://mysite.verizon.net/johnsjungle/melvin630.mp3

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quote:

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Originally posted by TradingWizard:
Melvin is funny!

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http://mysite.verizon.net/johnsjungle/joel0630call1.mp3

http://mysite.verizon.net/johnsjungle/joel0630call2.mp3

http://mysite.verizon.net/johnsjungle/melvin630.mp3

May God Bless All.

 

I hope this helps everyone out

lol

 

May God Bless All.
 

I am one of those who believe the pps will drop to .0001...sooner or later. There are far too many unknowns with CMKX, too many wild statements and rumors, no apparent drilling results from a previously explored site, what appears to be ineffective management and Roger Glennnnn(enough "n's"?) who is there to help with the basics (and pink sheet co's have few if any basic requirements...and which is why they are considered huge risks).

[This message has been edited by Wallace#1 (edited June 30, 2004).]
 

Just a quick note.

Naked short shares do not exist. Therefore, I see no way the SORRY!!

Was going to make a statement here, but I now feel I must think about it more in depth.

[This message has been edited by Wallace#1 (edited June 30, 2004).]
 

quote:

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Originally posted by will:
Funny? The guy is an embarrassment. I could put lipstick on my dog and she'd be a better spokesperson.

---

You said it....he lost my credibility long time ago, I just laugh at him from now on (Yak Yaks)

 

Where is Paul anyway. I have not seen him lately, hope he is not missing much.

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller

[This message has been edited by TradingWizard (edited June 30, 2004).]
 

Sorry about my stopping in mid-sentence.

On reconsideration, I am not sure if an audit would identify naked short shares or not. When I think audit, I am thinking about accountants going into the firm and checking out financials, etc. In that case, I doubt if they would go beyond a check of the company's figure vs the issued and outstanding provided by the transfer agent.

I suppose, electronically, that naked shorted shares could be hidden merely by not reporting them to the TA. The authorized, issued and outstanding figures as determined by the TA may then very well agree with those of CMKX. As I said earlier, a breakdown of all shares held in street name would be about the only way I can see that such naked shares could be determined if in fact they exist. I do not see that they are doing that.

That is why I previously suggested (although impractical) that all holders demand their certificates physically. That would unquestionably provide better insight as to naked shorting...if it exists, there would be one hell of a scramble to account for shares held by brokers in street name.

[This message has been edited by Wallace#1 (edited June 30, 2004).]
 

However, let me speculate a bit further since we don't have the PR yet; I think we should be getting ready for the reverse split or share consolidation.

Anyone else reading this - this is speculation only, and killing time before next PR.

[This message has been edited by TradingWizard (edited June 30, 2004).]
 

[This message has been edited by Wallace#1 (edited June 30, 2004).]
 

quote:

---

Originally posted by TradingWizard:

Where is Paul anyway. I have not seen him lately, hope he is not missing much.

---

Yea,also I wonder where (or who) DQR is now as well.I think I got it narrowed down pretty close now.
 

Hopefully in trying to answer your question, many other points can be addressed, and inspire other points of view and clarification from others.

Investor's haven't flinched because what has occurred today. In reviewing L2's periodically through the afternoon, the market for CMKX trended upward slightly.

The only thing that is known is that the Issued Shares, Shares held by those defined as Insiders, and current O/S (Publically tradable float) has not been confirmed by CMKX or Attorney Glenn. Please note, the above has not been confirmed by Pacific. They reported this was the number provided to them by First Global.

The number they reported was reported by an employee of the company. No one has confirmed the position of the person that first offered this unsubstantiated number, but I think it is safe to assume it was not from the officers of Pacific.
The number did not identify what Generally Accepted Accounting Practices (GAAP) were used in First Global's protocol to account for the shares. Mr. Glenn's statement in the recent pr looking forward to ACCURACY as one of the main benefits in working with Pacific speaks volumes to this issue.
The number offered by the employee of Pacific does not indicate if this number includes naked short positions, nor when this number was determined by First Global.
If the number is not timely, does not provide the amount of shares held by insiders, and includes naked short positions, the question of when (even thought very valid) is moot.

The issue you raise of naked shorting is one that has been boiling for a time, but never has a better case presented itself. Set no dealine when the audit will be done, just be very glad that it is. The complete trading history will be revealed to Attorney Glenn and used as leverage and/or evidence in dealing with the MM's directly or through the media, or the court system as he choses.
The audited number, revelation of naked short positions and knowing the tradable public float will certainly be a benefit in itself. And, there is another positive I'm sure no one has overlooked, but I haven't seen it mentioned today. It may sound obvious, but CMKX IS AS THEY TOLD US, working to be a reporting company!

If the audited numbers and naked short position are exposed, their's (Naked Shorts) is the predicament I would not want to be in, not ours. If Mr. Glenn negociates or prosecutes an end to MM's naked short position, and CMKX releases a figure on the tradable public float is a percentage of what was announced today, it will be reflected in the market to our liking.

Be well, Bo

[This message has been edited by Bo14172 (edited June 30, 2004).]

[This message has been edited by Bo14172 (edited June 30, 2004).]
 

For you information, my experience is with more reputable markets, so I could be mistaken as to who would get the shaft...but even with the bigger markets, it seems the shareholders get stuck.

[This message has been edited by Wallace#1 (edited June 30, 2004).]

Is this audit you are talking about an audit of CMKX or an audit of the issued and outstanding shares? If it is on the I/O, then it should point out naked shorting.

[This message has been edited by Wallace#1 (edited June 30, 2004).]
 

CMKX authorizes 500 billion but only issues say 50 billion to the MM's. The demand is greater than the 50 billion because it was shorted to an unbelievably low price, but if the price rises say above .0003 the MM's lose money. Instead of letting the price move up they naked short to dilute the price bringing money to them and hoping the company folds, and they never have to cover and pay CMKX.

When an audit takes place I'm not sure if the naked shares are counted.

[This message has been edited by VNGNTN1 (edited June 30, 2004).]
 

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'Alone we can do so little; together we can do so much.' - Helen Keller
 

[This message has been edited by VNGNTN1 (edited June 30, 2004).]
 

quote:

---

Originally posted by RaiderJR:
Here is the scenario I see.

CMKX authorizes 500 billion but only issues say 50 billion to the MM's. The demand is greater than the 50 billion because it was shorted to an unbelievably low price, but if the price rises say above .0003 the MM's lose money. Instead of letting the price move up they naked short to dilute the price bringing money to them and hoping the company folds, and they never have to cover and pay CMKX.

When an audit takes place I'm not sure if the naked shares are counted.

---

You are absolutely right. There is no connection between the A/S and the NS.

As to Common Shs - Float vs Insiders,etc.
Maybe we haven't explained well enough. The actual common shares owned by everyone all have the same rights and priviledges under normal circumstances. Float is strictly shares being "freely traded" on the market by the public. If a corp. officer, family member, an institution happens to sell shares on the open market, those shares DO become part of the float. However, in most cases they keep the major part of their shares for control purposes and they do not get out to the public market and therefor do not add to the float.

Long day tomorrow and I am not getting any younger. Have a good evening.
 

I believe the 400 billion would include the shorts.
 

THOUGHTS ON TODAY'S CIRCUS 6/30.

There are 12 different versions today of who said what at what time that was heard by who. There are literally dozens of "experts" now that claim to know the outstanding share count. There are dozens of theories swirling around about how Urban will handle everything. And you know what?

Nobody knows squat.

I reiterate. You either believe that there is a plan unfolding or you don't. Today was a good gut check for those holding your shares. If your heart skipped, if you felt ill, if you felt so anxious and tense you didn't know how to handle it, then maybe you need to rethink your ability to handle this investment. Because this will get worse before it gets better IMO. While I have no idea what the true time table is, we are definitely getting closer by the day. We do know for sure that Pacific has all the files. Last night's PR with Roger's quote tells us we are moving forward "accurately and quickly" on the share count. And it will come. Soon. When? Who knows. Soon. And you bet the shorts know this. I truly look for the most violent lashing out by the shorts that we've seen up to this point as the days continue to pass. I look for further media blitzes. Further "rumors" or misinformation or possibly even false PRs. I rule out nothing at this stage. I truly believe that the share count is in the range of 10 billion. I truly believe when it comes out, it will silence ALL the bashing/naysayers up to this point. ALL OF THEM. They have been hanging their hat on that 500B AUTHORIZED number from day one without a shred of evidence as to ISSUED to back up their bogus claims of 500 bilion issued or some even claiming a trillion.

As for today's little fire drill, the only thing conclusive that I can say based on all the differing stories is that somewhere along the line the number 400 billion was mentioned by Pacific. How, and in what context, and what it meant is unknown, as we do not have the specifics of how that number was derived whatsoever. There are a million ways it could be achieved, particularly from what looks like a low-quality TA (First Global) that was affirmatively fired to be replaced by a TA that handles things "accurately" (from the PR last night). Moreover, the company (through Melvin) came out to affirmatively state that no number is accurate unless it is in an official press release. Even funnier is that today's fire drill resulted in no selloff. Apparently people are listening, and very few are reacting in a knee jerk way as the shorts might have hoped for. Again, I believe this comes from our "free riders" who literally don't care what happens for now. They are in and waiting for all the news to come out FORMALLY. They've already taken their initial investment off the table. Now it's gravy. So at .0004, why bother selling until everything from the company is known.

Today's drill: Very encouraging in the support shown for CMKX.
Forecast: Major storms ahead from the shorts.
Bottom line: We wait for all the information from the company.

To all the rumors and theories (including mine) and hints and winks and whatever, I say IT IS ALL SPECULATION. I believe the clues we need are plenty from the company's Press Releases in the past year. Study those hard. If you like what you see developing, then like me, you're in for the ride. If what you see on a daily basis is causing ulcers, you probably aren't going to make it through this ride (which is fine, hopefully anybody overinvested here DOES take money off the table).

And one last thing. I believe the trading at this point is IRRELEVANT. I believe the shorts could never cover what they need at this stage even if there was a 10 billion share dump tomorrow. So to those that need to sell, feel comfortable selling. Whatever amount is sold until the real meaty news hits IMO won't make one iota of difference to our eventual outcome. The outcome is already fated IMO. We just sit back with our popcorn and watch.

Z

As always, these are my personal opinions.
 

[Quote]Companies feel that withdrawing from DTC would eradicate the possibility of illegal naked short selling from occurring because all transactions would include an exchange of paper stock certification, instead of as a book entry in the electronic system.[Quote/]

Seems a book notation is kept and reconciliation takes place on a periodic basis.

I would think the 400 billion includes the reconciled naked shorts.

If the actual shares are below 50 billion we should do well with a diamond find.

I was thinking about revenue, if we find diamonds and the first year mine 300 million dollars in profit, divided by 50 billion X a pe ratio of 20, we still do pretty good.

Also, I think the size of the short had been taken from a trillion to 100 billion on most posts a long time ago. Very few expected a trillion. If 100 billion then 300 billion actual with much of that owned by UC or insiders. If 70% then our OS is 90 billion or so. 80% = 60 billion. etc

[This message has been edited by RaiderJR (edited July 01, 2004).]
 

From another board

I have been sitting here on the sidelines just watching everything.
Today,I finally had enough.
Most of you all know me from the official CMKX message board.
I dont hype,pump or dump.
I look at straight facts.
Then I reason out my thoughts and put them into words.
Eveyone,including some people I admired the most are shaking their heads.
Point number one even if this number is true this is from our old transfer agent.Just like a disgruntled ex-employee nothing but bad words for ex-employer.
Also,the most important point everyone is missing that there was no mention of the float what so ever.
This is the 1 most important item in my mind that every one is not talking about.
So,lets even take the this 400 billion number and work with it.
Example if UC holds 90% of O/S then the float which is what we as investors buy would only be 40 billion shares.
Why is no one talking about the float but the o/s only then?
This my friends is another way for bashers to get you to sell.
Buy low sell high.
I have always told you all that investing is a business you have to conduct yourself accordingly.
I have always told you all if you think it's going lower by all means sell.
If you think the price is to low buy.
If you think its going higher hold.
My friends I believe we are the thrid one we are in a holding pattern at the moment.
We are waiting for the official pr from the company on the share structure.
That is where I am right now and I will wait for it.
I will not sell a single share until UC,MELVIN or ROGER states what the share structure is.
Melvin on many occasions has said this is a long term investment.
I have always stated also that this is long term.
Mining doesnt happen over night,sorry.
I believe whole heartly in CMKX the reason I'm in CMKX is of my own choice.
I did my DD on this stock and on UC.
I believe that UC would not do anything to hurt us share holders.
Like I stated once before he needs us.
One to prove the naked short position on this one for starters.
Also,for future growth of his company.
There is something else also at this time I have to mention to one and all.
If you are not a newbie and understand what the float and o/s is.
Then try this one on for size.
Most stocks or better yet almost all stocks usually trade only 1/2 of 1 % of the total of the o/s amount.
If you look at CMKX we have traded anywhere from 5 to 12 billion shares a day.
Now,take even a low number of 6 billion shares double to get 1 % which is 12 billion then multiply by 100
It would be 1.2 trillion shares.
That would leave a huge very huge naked short position.
If you doubt what I'm saying look at nortel or lucent very active stocks and their 10 day average.
Look,at even your favourite stocks see if I'm right which I will be.
That on a daily bases only 1/2 of1% of the o/s gets traded.
Not the float but the o/s shares.
Here is more reasoning if you have been a long time share holder of CMKX you all know we had a 2 for 1 forward split.
If you where going to be dumping shares on the open market why do a 2 for 1 forward split.
Why not a r/s so you can have less shares and make more.
A 2 for 1 forward split is usually done when you are being shorted so that the market makers can cover and leave you alone.
In this case they didnt thats why I believe that UC got us Roger Glenn the lawyer.
He wants to prove to the world that naked shorting happpens and that it is happening to his stock.
By the way just incase bashers hit this I have shares from 0001 and 0002.
So that is where I stand.
So,I'm in from the start of this one.
I do have profits and I'm not selling.
I bought this stock for my children and grandchildren.
Thats how sure I am about this one.
It will take time as any mining stock does.
I will be the first one screaming to all of you to sell if I ever feel that this one has gone bad.
I doubt this very much but you have my word on this.
Faith is believing in something that you cant touch or feel yet but you know that it exists.
RM
These are just my thoughts and should be viewed as such
P.S. One final thought if you are selling at 0004 then who is buying at 0005?Because the past few days 60 to 90% of the stock has been at the buy or ask price

 

July 01, 2004 06:00 AM US Eastern Timezone

Zacks Sell List Highlights: Krispy Kreme, Pier 1 Imports, Knight Trading Group, and Washington Mutual

CHICAGO--(BUSINESS WIRE)--July 1, 2004--Zacks.com releases details on a group of stocks that are part of their exclusive list of Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5 (Strong Sell). Since inception in 1988 the S&P 500 has outperformed the Zacks #5 Ranked Strong Sells by 96.9% annually (12.0% vs. 6.1% respectively). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, we were telling our customers which stocks to sell in order to save themselves the misery of unrelenting losses. Among the #5 ranked stocks today we highlight the following companies: Krispy Kreme Doughnuts, Inc. (NYSE:KKD) and Pier 1 Imports, Inc. (NYSEIR). Further they announced #4 Rankings (Sell) on two other widely held stocks: Knight Trading Group, Inc. (NASDAQ:NITE) and Washington Mutual Inc. (NYSE:WM). To see the full Zacks #5 Ranked list of Stocks to Sell Now then visit: http://at.zacks.com/?id=92

Knight Trading Group, Inc. (NASDAQ:NITE) is a liquidity center that offers superior execution services to its broker-dealer and institutional clients in over-the-counter and listed equity securities, and in equity options. Last month, Knight Trading announced average daily U.S. equity trade volume in May was 714,000, which was down nearly -25% from April and down about -9% from the year-ago month. The company stated trade activity in the U.S. equity markets continued to decline during May, and is more characteristic of the seasonally slow summer months. The company went on to say that trade activity in June is off to an equally discouraging start thus far. The company has experienced some recent downward revisions from analysts, and earnings estimates for the year ending December 2004 moved lower 8 cents, or about -9%, in the past month, including a slide of 2 cents, or approximately, -2% in the past seven trading days. However, Knight Trading reported a solid first quarter in April with earnings per share that topped the consensus, and the company should be in a better condition as some of the uncertainties plaguing the market subside. But for now, investors may want to stay patient until analysts send its earnings estimates higher.

Here are some terms that I suggest everyone get to know because I believe we are going to get very particular about some of these in the near future!

“Restricted Shares” refer to a company's issued stock that cannot be bought or sold without special permission by the SEC. Usually this is the type of stock given to company employees, insiders as part of their salaries or as additional benefits. These are not counted as part of the float, but they are counted as part of the O/S. The shares I believe many think Urban and other insiders in the company have are only not counted as part of the float IF THEY ARE RESTRICTED SHARES! Even if they are RESTRICTED SHARES they are to be counted as part of the O/S. They would be counted as part of the O/S but they are restricted by the SEC!

Another word some may not understand is the “float.” This refers to a company's shares that are openly bought and sold without restrictions in the public mostly through the means of stocks trading on the exchanges. The defining difference between a “restricted share” and a share in the float is that the shares in the “float” consists of regular shares that many of us buy and sell everyday at will in the market place! Any share that is available to be openly traded in the market place is to be considered part of the float. This excludes the RESTRICTED SHARES because they have to be approved by the SEC.

“Authorized shares” is another commonly misunderstood term: simply it refers to the largest number of shares that a single corporation can issue to the market or individuals. The number of authorized shares per company is assessed at the company's creation and can only be increased and decreased through a vote by the shareholders. If at the time of incorporation the documents state that 100 shares are authorized, then only 100 shares can be issued. If they desire to raise it to 1,000,000 it has to be through a shareholders vote o increase the A/S. In our case, with CMKX, I am guessing Urban and company have a majority interests, which is great as far as I am concerned, because they have been making decisions left and right without any shareholder notice to us, meaning to me that they have a controlling interest and carry a majority vote apart from us! This is good news!

Now just because a company can issue a certain number of shares doesn't mean that it is going to issue all of these shares to the public. Typically, companies will, for many reasons, keep a portion of the shares in their own treasury. For example, CMKX issued 500 billion “authorized shares” but probably decided to maintain a controlling interest within the treasury just to ward off any hostile takeover bids or bought them up themselves for private ownership. You can set 500 billion as your “authorized shares”, which is the maximum you can issue, but you may only issue 1,000,000. This leaves a possible treasury of 499,999,000,000 shares for back up in case you need them.

Also CMKX may have wanted to have shares handy just in case it wants to sell them for excess cash (rather than borrowing). This tendency of a company to reserve some of its authorized shares leads us to the next important and related term for CMKX today: “outstanding shares”.

“Outstanding Shares” is not to be confused with authorized shares! Outstanding shares refer to the number of stocks that a company actually has issued. This number represents all the shares that can be bought and sold by the public as well as all the restricted shares that require special permission before being transacted. As we already explained, shares that can be freely bought and sold by public investors are called the “float,” and this value changes depending on if the company wishes to repurchase shares from the market or sell out more of its authorized shares within its treasury.

Let's look back at our company CMKX. From the previous example, we know that this company has 500 Billion authorized shares. If they offered 100 billion shares into the open market, gave 100 billion to the executives and retained 300 billion in the treasury, then the number of shares outstanding would be 200 billion shares (100 billion = float shares + 100 billion = restricted shares). If CMKX was doing extremely well and wanted to buy back 80 billion shares from the market, the number of outstanding shares would fall to 120 billion, the number of treasury shares would increase to 380 billion, and the float would fall to 20 billion shares since the buyback was done through the market (100 billion – 80 billion = 20 billion).

Hold on a minute though--this is not the only way that the number of outstanding shares can fluctuate. In addition to the stocks it issues to investors and executives, many companies offer stock options and warrants. These stock options and warrants are instruments that give the holder a right to purchase more stock from the company's treasury. Every time one of these instruments is activated, the float and shares outstanding increase while the number of treasury stocks decrease. For example, suppose CMKX issues 100 billion warrants. If all these warrants are activated, then CMKX will have to sell 100 billion shares from its treasury to the holders of the warrants. We are not aware or privy to warrant information since CMKX is still non-reporting at this time.

Thus, by following the most recent example, where the number of outstanding shares is 220 billion and treasury shares is 380 billion, the exercise of all the warrants would change the numbers to 220 O/S and 280 billion respectively, and the float would increase to 120. This is the terms you have heard concerning a well known process often talked about called “dilution”.

Why is all of this important?
Because the difference between the number of authorized and outstanding shares can be so large, it's important that you realize what they are and which figures the company is using.
A/S (authorized shares) are 500 billion
O/S (outstanding shares) could be 100 billion or 400 billion or 1 share (we don’t know for sure what CMKX O/S is at this time)
By knowing which is being referred to may change or make up your mind concerning an investment!

It is important to note that depending on the Transfer Agent (T/A) a different ratio may be used. One may use the basic number of outstanding shares while others may use the diluted version.

This can affect the numbers significantly and possibly change your attitude towards CMKX or any other stock you are doing DD on!
Too, by identifying the number of restricted shares as compared to the number of shares in the float, it is easier for us to gauge the level of ownership and autonomy that insiders have within the company. These are simply figures and calculations that have not as yet been made available to us!

All of these terms are important for us to understand before we make a final decision to either buy or sell. Since all of the data has not been made available from CMKX for our viewing pleasure, at this point I would not advise anyone to sell their position.

As we have said all along, with the exception of a weak moment here or there, we need to stick to the facts. And the facts are we don’t have all of the facts. Do your own calculations based on the information I have provided. I assure you my definitions above are precise and totally within the bounds of any serious investors acceptance!

This is just my opinion and I ask that you treat it as such!

Dr.D

 

[This message has been edited by VNGNTN1 (edited July 01, 2004).]

[This message has been edited by VNGNTN1 (edited July 01, 2004).]
 

FLOAT???

VALUE of the company
(huge area of area of very promising mining area)
which is the X FACTOR
but in the billions

let`s wait for the real numbers!
 

And this RUMOR:

By: marlab2
01 Jul 2004, 09:27 AM EDT
Msg. 348561 of 348589
(This msg. is a reply to 348546 by stockz1014u.)
Jump to msg. #

just in from melvin PR should be out today this is what was said. this is on the new CMKX message board here is the link
http://www.websitetoolbox.com/tool/mb/troopscott

He said that he has already been talking to melvin today and that they are working on the PR as we speak to announce the share structure. Said it should be out by the end of the day..

If they come out after the bell with a low float then this will be at .01 tomorrow. The price is figured with there being a float of 500 billion anything lower and we move up

PS-this is the same link as above but I thought I would let people know what it is about so they may be more motivated to read it.
 

Just another in my "Let's Keep It Real and Emotions Cool" Campaign.

I humbly mentioned yesterday why the number of 400B blurted out by an undisclosed employee of Pacific was flawed and incomplete.

In checking the CMKX board that re-emerged, what was posted last night if true would have us all doing cartwheels. It certainly sounds substantialed with the right names involved and the number of 4.3 Billion Tradable Float, if confirmed, would have the market doing cartwheels in a strong move.

Let's back up though. I just believe Keeping it real and our emotions cool will benefit market movement on this day in and day out.
If this poster found out this information sometime yesterday during all the misinformation that was being thrown about, why did they wait until 2:30 this morning to post? There may be a valid answer (work schedule, family schedule among others).
Next, apparently the broker he called had Brian's cell phone number. Rather than bother Brian and demand knowing his cell phone number, those that demand knowing now could ask this poster for the name and number of the broker at Fidelity he talked to.

If there are MM's that hoped yesterday's blurb would cause us to budge, they were wrong. The price ended higher and momentum was swinging slowly all afternoon to the positive.

If there are MM's who planted this 2:30 post to buoy our emotions and expectations only to be disappointed if any number higher than this came out, then let me say again...

BE GUIDED BY NEWS AND INFORMATION THAT COME FROM CMKX AND/OR ATTORNEY D. RODGER GLENN.

If the audit revealved a tradable float of any number between 5 billion and 50 billion after yesterday's blurb the market would have driven this price strongly up. (MM Naked Shorts would lose BIG TIME)
If this post was planted by MM's to raise our expectations, then the audit reveals good news which only appears bad in relation to the 4.3b figure, then MM's win again.

So let's keep cool, keep it real, and wait on pr's and other announcements from the company or their attorney.

What will help dispell or confirm this latest saga is when Brian returns after the 7th he can advise if such a conversation took place. If this post gets too much attention, then CMKX I'm sure would get in touch with Brian today, and like yesterday, will advise us the validity of the assertions made in this person's post. Be well, Bo
http://cmkx.proboards34.com/index.cgi?board=general&action=display&num=1088667354

[This message has been edited by Bo14172 (edited July 01, 2004).]
 

quote:

---

Originally posted by flashovertx:
Upside!
Wow, It is great to see a positive, forward looking statement from you... I have about as many shares as you, so for you to say that makes me a little more excited about the possibilities here

---

LOL. For the first time, he is living up to his name!

More money becomes available tomorrow. I think I am going to buy a 1/2 order tomorrow, maybe try putting one in for .0004 However If news comes out over the weekend I am only 1/2 as f*****d.lol. Choices...

I will have then reached my goal with 1.3+ million shares!!!! Yeah baby!!!

-John
-John
 

quote:

---

Originally posted by Upside:
Great, now I'm going to be accused of being a pumper.

---

quote:

---

PUMPER !!!
It all means nothing, pumper, basher, candlestick maker. Until the share structure is OFFICIAL, you're someone that owns CMKX. After the OFFICIAL PR then you'll either a disappointed investor, or a happy investor.

---

Can't say I've ever been accused of being a candlestick maker though. Give it time, I'm sure I will be.

 

I was just going to say the same thing - tomorrow (assuming the PR comes out tonight), we'll all be either WINNERS or LOSERS, nothing more, nothing less. Let's hope Upsides's new-found optimism is a good omen and we will all be winners tomorrow. You know, Will, it's not too late for you either......(with a Darth Vader voice: come and leave the dark side, Will, join us on the "Upside")

BTW, I've had waaaay too much caffeine this morning!!!
 

I heard there is a new Folgers Brand: Folgers Morning Start Cocainated Coffee Beans... for that morning zip, afternoon zip and evening rush home...

Bahhhh, I hate coffee. Just something gross about it. But that is me. I dont like Speedy things, I am not into that whole 'zippity feeling'. Downers all the way!!!heheh, where is my street PHARMicist when I need him!?!?

-John

P.S. Listen I maybe a dick for saying this but NO PR until after I buy in, infact I wanted my girl friends friend to open an account and buy this stock. Maybe I should just buy her shares and keep them in my account... I am not sure. I would love for her to buy into this and have it hit! My g/f would be pissed since she is in Qbid.. but hey, she'll have her chance soon enough...

-John
 

I am a young guy, and I have a question. Has anyone helped 'friends' (either a friend, or a Molsen 'Friend') of the oppiset sex out with stocks? I mean here is my question. I am friends with people about minus/plus five years my age. Now I am not saying I will make myself or anyone a lot of money, but there is a possibility of making some good amount of cash. Has anyone ever encountered 'problems', like if I make one person some good money, and to them it is GREAT money, has anyone ever run into, well how do I put this, romantic problems from it?

I mean I wouldn't expect this thing in a higher age group but I keep thinking, what if I make one of my girl friends (not a Molsen 'Friend', but not just a 'friend') who is like 18. Has anyone ever had to deal with new emotions from this? I mean seriously, if I made a girl like 10 grand , lets just say, and we are friends, for some reason I see something happening, on HER part, not necessarily mine. I mean money makes people do whacky sh it ... I was asking the older people and the ones who have experince in it.

I was just wondering thats all. I think I may have to fear a winner more than a loser stock, oddly enough.

-John
 

BTW, I drink tea, not coffee (if they mad coffe like that, though, I'd switch in a heartbeat!)
 

[This message has been edited by flashovertx (edited July 01, 2004).]
 

quote:

---

Originally posted by Money_Penny:
Will,

I was just going to say the same thing - tomorrow (assuming the PR comes out tonight), we'll all be either WINNERS or LOSERS, nothing more, nothing less. Let's hope Upsides's new-found optimism is a good omen and we will all be winners tomorrow. You know, Will, it's not too late for you either......(with a Darth Vader voice: come and leave the dark side, Will, join us on the "Upside")

BTW, I've had waaaay too much caffeine this morning!!!

---

She has her own brokerage account through Scottrade. I don't think I will be buying ANYONE except myself shares lol, infact i KNOW THIS!

However I talked to her friend and she is all up for opening her account. I told her that the earlier you do this, the easier it will be for you to be a winner by the time you are done with School. She isn't looking to retire, just money for School and life, and I think that can be achivied.

Yes I dont like the idea of Lawsuits and court cases, seeing that I want to go into Law...

What I was really asking was do you think if a rather large amount of money was eanred in a short time span for a person, do you think they could get false emotions? Girls have a tendency to be real clingly... I guess I just have to watch the fire when I stoke it...

-John

Wow, 2 million!!!! CONGRATS!!!! I would have had 4 million but I waited and saw .0001/.0002 go far away,lol. Serves me right, Or perhaps someone up their didnt want me making to much money too quickly. lol.

Alas... I should have just became a famous white rapper...

-John
 

What if there was a settlement offered to the MM's at .05-.50 from the company which enabled them to buy the stock from CMKX and then retire the shares since they owe it-they sold already before they bought it. So now they buy it but we keep it and the cash adds value to our company. I am thinking a settlement price times 400 Billion shares + equals enough money to put this company on a bigger exchange and make our shares worth a lot of money. I need a better calculator. They could offer us investors a recurring monthly cash dividend from that money thereby giving us a higher share value and added liquidity. The higher share price would stay constant for long enough to switch to a larger exchange. This would also give us a ton of cash on hand. It is
getting very interesting. God Bless and I will keep you posted. -Debi
---------------------------------------------
I really hadn't thought along these lines before but it makes sense to me. We will know soon either way. I am an optimist by nature so unless someone comes along with a pin my balloon is not going ot land. Have a great time everyone and Best of Luck to those we are counting on luck and God's best Blessings on those looking to Him as their source. -Debi All the above is IMO
and in the words of our very famous friend Do da due but be quick about it!!!!!
 

3rd paragraph, where it is stated, "Shares owned by Urban...company have are only not counted as part of the float IF THEY ARE RESTRICTED SHARES."

That statement is 100% incorrect. Absolutely no shares held by insiders are considered part of the float...restricted or otherwise.

6th paragraph, where a reference is made to authorized shares and Treasury shares where the example states the number of authorized shares is a certain amount and the balance are or may be Treasury shares.

That statement is 100% incorrect.
There is no such thing as a company authorizing shares and then taking any part of those authorized and unissued shares and putting them in Treasury. Further, they cannot authorize shares and then issue any directly into the Treasury. Treasury shares are shares that have been, authorized, issued and outstanding and are later returned back to the company (repurchase on the open market, repurchase from insiders, repurchase similar to a reverse private placement, acquisition of a co that had the shares, etc.). Then, and only then, do they become Treasury shares.

In no situation are Treasury shares considered part of the float unless they are reissued and end up in the public's hands.

quote:

---

Originally posted by Upside:
Well, I for one am going to get rich off of this stock either way it goes. The first one is obvious, stock goes way up, I sell, I'm rich. If it folds, here's the plan. Im gonna get all of my certificates and not just one representing all of my holdings, oh no, I want millions of one share certs all over my house. Then I'm going to package them up in 100 share stacks and sell them for 10 bucks per stack on e-bay. Gonna market them as "Casavant Brand Toilet Tissue". Use them when you have one of those CMKXtreme days on the john and your own little kimberlite pipe feels like it's burning funny car nitro fuel. Even got the marketing slogan figured out: "Always use Casavant Brand Tissue, Wipe your Pipe with Urban". Might not make me rich but a couple hundred thousand would be ok too.

---

These are the comments made by some of our petitioners
View results as : All petitioners comments. Ordered by latest entries first All petitioners comments. Ordered by Country/State/City US petitioners comments only. Ordered by State/City

Number Country State City Notes
1 United States California all 5 of the above seem to be falling under the "naked short-selling" axe.
2 United States Pennsylvania Pittsburgh The practice of naked shorting of stock either is or should be illegal. Ethical brokerages, in my opinion, do not now engage in this practice. No Brokerage should. It is harmful to the companies involved and the shareholders who own the companies. Please take action NOW to stop it -- with no exceptions.
3 United States Virginia Roanoke Absolutely ridiculous. If you don't fix this soon, I expect the whole market to crash as investor confidence further erodes when the news gets out. Where is this money going?
4 United States New Mexico Santa Fe The SEC should provide a level playing field for investors.
5 United States New York hopewell jct. This sunncomm international is being shorted to death. I reference the research being done by web site INVESTORHUB-SCMI members.

The outstanding stock is approximately 300 million shares and the "naked shorting", has about 600 million shares sold to "unsuspecting investors".

An anology would be if a piece of property worth about $90,000 is held by 3 investors, and on an A & P bulliten
board [pink sheets]one investor posts his asking price of $30,000. A stranger we call "HONEY FITZ",decides to sell "naked shorts", against the property.

He , knows the law and he sell that $90,000 parcel to 10 investors for $10,000 each. He pockets $100,000!

The 3 investor see there 1/3 investment in a $90,000 piece of property selling for $10,000. This is whats happening now and was one of the causes of the "great depression" in the United States.

please look at scmi stock. It is becomming so successful as a company, but is 's share price is being destroyed.
6 United States Ohio Akron All of us, including the SEC, must abide by the laws of the United States of America.
7 United States North Carolina Franklin Naked short practices has violated our investors confidence and faith in our finacial markets.I feel it is a curupt practice and is heavily abused to make MMs richa and push small equities into bankrupcy. Something needs to bne done the SEC is turning their head.
8 United States New Hampshire So many people are suffering because the SEC refuses to do their job.
9 United States New Hampshire The SEC is a joke.
10 United States New York Heavily shorted stock, in part by off- shore funds. Clearly criminal activity here. Shocked that this is being allowed to continue!

A. Kaubisch.

11 United States California Escondido It is completelty unfair for market makers to short stocks naked.
12 United States California Walnut Creek The real issue is the shorts are allowed to operate in the shadow world. Requirements applicable to hedge fund managers need to be on an equal footing with long fund managers.

Reporting needs to be placed on an equal footing with long trades. Up front and real time. The curtains need to be drawn back and the full light of day should be placed upon this activity. Rules governing short (hedge) funds need to be placed on an equal footing with long funds. Positions revealed and reported.

Off-shore funds should not be allowed to trade to and from NASD broker/dealers unless those funds have entered into agreements to, and have followed the rules imposed on, on-shore funds.

If short shares were reported tick by tick, these naked shares, and counterfeit shares would have long been a thing of the past.

13 United States Kansas Wichita The practice of naked shorting, particularly by large hedge funds, is used, along with slanderous statements in major publications, for market manipulation, which robs innocent people, including retirees, of their life savings. This practice of naked short selling should be stopped. Actually, all short selling should be limited to selling only the number of shares that you presently own.
14 United States California Manhattan beach Regulators;
You can always blame the cleaning house on a few bad apples and save full integrity. Blame the NSCC, as the buck stops there. But without your doing the American thing, you are compromising your own hard working law abiding citizens.
So many of us are in such pain; sleepless nights, medical illness, et. To stand by and watch the system and markets being manipulated like they are, is beyond anything I ever imagined experiencing as an American.
15 United States Connecticut West Hartford I own 1.6 million shares of this security and demand that the criminal act of naked shorting be stopped immediately!!!
16 United States California Novato Geron has 20% of its shares shorted. The market makers seem to use their shorting power to controll the call and put markets as well as the stock value when it suits it purpose. I see little MM action to support the value of the stock and provide a support during adverse news events. In other words they use their power to make money at the expense of investors.
17 United States Wisconsin Black River Falls Http://www.PennyMarkets.com
We sift through thousands of Otcbb, Pink Sheet, Nasdaq, Nyse, and AMEX traded hot penny stocks to find our readers the most relevant Hot Penny Stocks. Please visit our site frequently as we are continuously adding new hot penny stock profiles.
http://www.EquityGroups.com
EquityGroups.com opens company specific investor group & stock message boards using Yahoo Financial Groups .We put hundreds of hours into the maintenance of our company specific stock message boards. Each day we investigate each group for spam and unwanted postings. We have found a serious need to increase investor information in company specific investor groups. We saw Yahoo's Financial Groups as a perfect avenue to increase information and promote exchange of knowledge between investors. If you find a problem with our company specific investor group & stock message boards, or if you have ideas to improve our service, please contact me at jbuchen@GroupVenture.com Thanks for visiting our site and please visit again!
18 United States North Carolina Charlotte naked shorting had killed the BB stock market and as our protector and rule maker we need the SEC's help!
19 Belgium turnhout STOP STEELING OUR MONEY
20 United States Florida Naples Stop naked shorting!
21 United States Illinois Chicago Naked shorting should be illegal. Hedge funds need oversight. Sec IS responsible for the loss of billions and should be held accountable.
22 United States California It looks like certain white collar conartist criminals, as well as greedy manipulative maliscious market makers are stealing, raping, ripping off investors and companies, and lining their pockets with "our" money, by playing games with the buying and selling process, the computer trading system, shorts, volume, false recordings of buys as sells, etc. They are manipulating things. They got the inside "info" on how the "system" works, and how to use that to their benefit. They are not making "markets" to serve the companies and investors, which was their original purpose, but, instead, are making markets the way they want them to be, in order to "screw" us all out of our hard earned money. These professional white collar criminals, are "insiders" using "inside information" of how the markets work, how the computer trading systems work, and how to manipulate the markets and stocks, using this information. They match up the "buys" and the "sells" to their advance. They buy and sell, and compete against the very investors and companies they were originally supposed to serve. And, the U.S. government, SEC, and other governments and agencies, are allowing this to continue. The average investor trading online, does not know enough about what is going on, to know how much they are being "screwed" and "ripped-off." Many investors are losing their money, and are giving up on online trading because they have been victims of these white collar criminals. We need laws, rules, regulations, and protection for the investor and the companies, to protect all of us from these vicious greedy animals who are stealing our money. They are thieves. I am all for new legislation and I'm all for a Class Action Law Suit to go after these manipulative market makers. We need a big powerful law firm that will take this Class Action Law Suit on, pro bono, to get paid back by the government and the market makers, when we sue their "butts" in Supreme Court. Let's make this a fair playing field. I'm tired of seeing people getting ripped off in small caps and other stocks.
23 United States Louisiana Baton Rouge Please research the possibility of forwarding these petitions to the appropriate state Senators, Representatives and Congressmen of the state indicated on these petitions. I have done this individually, but I believe this needs to be done also on a collective basis. This is important and urgent enough to flood our elected officials with this response to the unethical and fraudulent action being conducted by the SEC.
24 United States California Paradise A level playing field is LONG overdue. Do we have the fox watching over the chicken house????
25 United States Florida Atlantic Beach Particularly in the case of CALM, short interest has EXCEEDED the shares in the float for months, indicating obvious naked short selling.
26 United States Texas Dallas I sincerely appreciate the work that you doing in trying to stop this illegal and devastating activity of naked short selling by criminals and those in power. Your work will ultimately benefit individual investors as well as the companies they invest in tremendously.

It is time we take action in order to make the SEC accountable for it's actions and inactions.

If you need any assistance in getting the word out, please do not hesitate to contact me.

Thank you and good luck!

27 United States California Santa barbara Our hard earned savings being manipulated with the help of the NSCC,goes against the grain of our Capitalistic system. Be American. Be brave. Be responsible. Just because law "breakers" have taken advantage of our law "makers", doesn't make our SEC or DTCC/NSCC wrong. Reputation will be restored once the fraud is stopped. Please, help us. Julie
28 United States Florida west palm beach to many to list. thanks phil r.
29 United States Ohio Cincinnati I am a small cap stock investor
30 United States Ohio Akron Since the SEC admits to this illegal practice of naked shorting that is going on...and they are still allowing these crooks to keep their money...they need to be investigated at once! There is still nothing protecting us from naked shorters. They can break the law...steal our money...and dont serve any jail time! 20 years should be the minimum...it is just like any other theft felony!
31 Canada Ontario Toronto Would like to see some action against the abuse of individual shareholders.
32 United States Florida Vero Beach Someone NEEDS tp look at the way these clown aka the BOB does business and how they got 1000s of investors screwed over with their tacticts as well as their cronies that where behind the...
33 United States Maine What makes me furious is that we as private shareholders and buyers of stock aren't allowed to short any stock that is not listed on a national securities exchange like the OTCBB and PINK SHEETS. If we can't do this then how can the MM's be allowed to do this? The laws should apply to all people involved and not just certain ones. It's pretty bad when a company is doing outstanding business and the MM's keeps it down to the ground in hopes it will go bankrupt. Some country we are living in. The people in this country are wondering why their jobs and the companies they work for are moving to other countries, well with the people we have running this country into the ground its a wonder. I think it is time to earn the money you make that this country pays you to keep things running the way they should, evenly for all americans and not just the ones you want like yourself. It seems like the old saying keeps running through MM's head "horray for me and to heck with you". You are probably saying the same thing or you would have done something by now. Making them pay a small fine doesn't affect them much. If they make a million or so in a month and you slap them with a 50 thousand fine do you really think that hurts them? They will just keep it up and pay the fine while they pocket the rest of the money they made. Time to get your hands dirty and do something about this for a change. That is if you can.
34 United States Fort Lauderdale Whatever this people are doing is not only unbelievable but unethical, unprofessional, illegal, downright dirty and selfish - only to name a few!!!!
35 United States Florida Davie This is stealing and we are getting no regulation from the people we pay to stop it. I feel like we are getting it from both sides. SEC needs to stop turning the other way whenever there side income is jepordized.

If we(as investors) did this they would lock the door adn throw the key away!

36 United States Washington Seattle Naked short selling is outrageous and rapes us all in the dark! We can do nothing, but watch our well thought out investments go down the toilet due to this illegal and malicious crime. Stop naked short selling and restore the fair and LAWFUL investing practices we are ALL entitled to!
37 United States Hawaii mms naked short of CMKX
38 United States Arizona Scottsdale Over the years I have had a couple of holdings and I have watched others where the short position balooned beyond the point where brokers appeared to have stock available to those shorting. There almost had to be a good number of naked shorts involved.

Problem: a company facing difficult times can get into a position where the naked shorters drive the price of the stock so low that the company is unable to engage in normal and reasonable financing options.

In one or two cases, the companies probably deserved to go away, but in other instances the company went away because those shorting the stock created the impression that things were worse than they in fact were and lenders and underwriters fled leaving the company to fail.
39 United States Washington Spokane DMXP, DTCT, BSQR and ICMH as well
40 United States Louisiana Athen The SEC could care less about us investors. What a joke the SEC is. All this crap needs to stop. But will it?? I bet not, they don't give a damn about us.

SHAME ON YOU SEC.
41 United States Pennsylvania Philadelphia Any political candidate who addresses this issue gets my vote and the votes of hundreds of thousands of others too, im sure.
42 United States Alabama Semmes It is time to stop being a horse's arse. Everyone knows that you make money on the transactions from naked shorting and you will do little or nothing to stop it. May GOD have mercy on your souls. But, you know what, he won't. Not one bit. You will reap what you've sewn here on earth and spend an eternity in HELL paying for it. So do as you hearts feel content.
43 United States Virginia Alexandria I also own BIPH, ARTX, TFCT, BTOR, but I am not sure if they are listed on Berlin exchange or are involved in naked shorting.
44 United States California Mill Valley The SEC is enabling the shorters to ruin the market for everyone else involved with it. The SEC was created in 1934 for a necessary function required to maintain a fair market. Unless we maintain this the market is not sustainable.
45 United States Illinois Chicago You call this Capitalism? Stop these thieves,this is the U.S.A.....MB
46 United States Pennsylvania IT'S REDICULOUS THAT MMS ARE ALLOWED TO GET AWAY WITH NAKED SHORTING DAY IN AND DAY OUT!!
47 United States Michigan Ypsilanti Simtek (SRAM) in particular has been subject to naked shorting on the Berlin Exchange.
48 United States Minnesota Grand Rapids I totally agree the sec is part of the problem. they have never been part of the solution.
49 United States New York New York This has got to stop. It is theft, pure and simple. It not only steals the from the new entreuprenurs in our country, but from the hard working everyday wage earner who invests in the dreams that this country was built on. It is a disgrace, and it is criminal!
50 United States Ohio Marion The United States is the greatest capitalist nation that has ever existed. It is amazing that any government agency would sit by while the American dream is snuffed and sat on by the unjust. The individual investor is being bullied and stolen from and the assigned defender sits nearby, pretending to not see it.
51 United States California Irvine Naked shorts in abundance and keeping price down. Must fix.
52 United States Colorado PRIM shorted to death
53 United Kingdom Foreign Country Stop naked short selling or investors will file national lawsuit against MMs that will make the tobaco trial look like a joke.
54 United States Michigan Monroe The SEC must stop the practice of manipulative Naked Short Selling. Even under the new introduction of Reg SHO, it will only "slow down" the continuous financial harm occurring to numerous companies and their many thousands of shareholders. The new introduction of Reg SHO should be considered as no more than a half-hearted "bandaid" that will not stop the well financed and very powerful forces that control the flow of money resulting from manipulation.

The SEC must quickly step in if they are to prevent the collapse of companies that have already found there are more naked shares short than all the existing outstanding shares of the company.

Neil Mack
Reg. Rep.
55 United States Arizona Scottsdale Please put in placer regulations to stop naked short selling!!!
56 Mexico Foreign Country This has been going on for years. I've watched legitimate companies come under attack and literally be destroyed by naked shorting and their shareholders lose significant hard-earned investment capital. DTC, transfer agents, brokers and the SEC do nothing to ensure the current rules are enforced, nevermind creating new regulations that no doubt would have the same fate. It is criminal behaviour in many cases and shameful that the regulators do nothing about it. This issue should receive national attention and the people who are responsible should be held accountable.
57 United States Oklahoma Tulsa From not processing buy orders, to walking the stock down after good p.r.s, as well as a billion illegal naked shorts, this company has been desimated by these scum bag market makers whom have stollen billions of dollars. The number one thing to help the economy would be to put an end to this corruption.
58 United States Texas colleyville I`m a Professional trader, and I am not seeing a fair and orderly market being made in this stock.

Trillions of shares being traded at the ask, and the price of the stock continues to decline.

I would really like to see the small investor get some kind of portection from this abuse.

JWK
59 United States Illinois Poplar Grove please help stop what should be an illegal practice
60 United States Florida Tallahassee Naked shorting is an issue that needs to be addressed as soon as possible. The impact that long term naked shorting has on investors is tremendous. The ability for Market Makers to inter-trade among themselves to get out of trouble because of naked shorting is outrageous also. I trust our loyal government, especially in the time of campagining, would address this issue.
61 United States Vermont Waitsfield TIDE is trying to help control the price of natural gas in North America. Naked shorting has made it very hard and costly to raise money. It is clear to anyone who has done homework on naked shorting that it is illegal CAN be policed and should be stopped RIGHT NOW. WAKE UP REGULATORS
62 United States Ravenna All I ask for is a level playing field. These market makers and clearing houses should have to abide by the same rules that I do. The SEC is definately not doing its job to protect individual investors from this market manipulation. It is a disgrace that they continue to allow the markets to be rigged against the honest investor.
63 United States California Marina Del Rey Outright theft with Goverment support.
64 United States Colorado Fort Collins Trading patterns seem very unusual and there is a strong suggestion of naked shorting. As an investor, it is frustrating that there is no way to verify or dispute this issue. It seems too easy to run a company into the ground and never having to cover a short position. We the investors are the losers in this situation and there needs to be some accountability!
65 United States Kansas CMKX is my primary concern- I cannot believe how this stock is so easily manipulated down with good PR.
66 United States Missouri Arnold A blind man can see that naked shorting is going on in this company by the market makers. What is the SEC going to do about it. If nothing, the SEC is scum.
67 Korea, Republic of Foreign Country CMKX~!! MM's are naked shorting the "bujesus' out of this stock. I'm fairly new to investing but even i can see that there is something wrong here. Especially with the MM JEFF!! This person needs to be punished for what he is doing to a hard working company!
68 United States Ohio Lancaster I, as everyone else, can't be sure that naked shorting is going on. However, I can be certain that something illegal and closely related to naked shorting is happening with this stock. There is no way that many shares are being traded with that much support and demand, and still the price remains at .0005!! It is just not possible!
69 United States New York Troy Market Makers are naked shorting CMKX a small pink sheet company..they are trying to ruin this company and force them to go out of business.....Please stop this illegal practice......us honest shareholders are losing our shirts...thank you.....Charles Grenier
70 Canada Ontario n.o.t.l. there are reports from many sources that there is a lot of naked short selling on this stock.i own a lot of shares and wondering if these mm s are keeping the price down and if you re looking at this
71 United States California Carlsbad The manipulation by hedge funds and large professional shorts is obvious. No sooner did the NASD take it upon itself to attempt to control naked shorting than we found NFI listed on the Berlin exchange with naked shorting taking place there. I, for one, would like to see a full scale investigation into the _POSSIBILITY_ that large scale hedge funds are in cahoots with certain journalists whose first amendment "rights" include the right to spin negative information about companies in tandem with short attacks. I beleive it is time to put an end to naked shorting period! I also believe that it is time to hold the financial press responsible for their actions. Freedom of the press should not be extended to permitting outright lies to be made in print and corrected the next day after major damage has been done. It's time to subpoena information, expose the payola in the financial press and put these boys out of business.
72 Canada British Columbia i am protesting against naked shorting....surely there must be something the sec or who has the authority to do something and make these naked shorters cover and not kill cos. that have a good future...
73 United States Florida Largo IMO CGPN was naked shorted when MMs thought they were going out business. The current CEO, Scott Cramer cut expenses, funded the company with his own money and has not added any shares to float for over 2 years, while still staying full reporting by timely filings.
CGPN has had the same bashers on CGPN ragingbull message board now for over 3 1/2 years, all have more post on CGPN board than any other board and none invested. Bashers Microcap_Matty, Gribbit, never_happen, surfsurf, dogsbullocks and more.
CGPN CEO scramer@cramerandassociates.com
74 United States California Lafayette The SEC is defaulting on its obligation to the security of shareholders. We WILL have justice!
75 India Foreign Country Kolkata I am shocked to learn of this.

How can any civilised government continue to permit this.

An unscientific dilution of value.

Its like going back to the medieval practices of trading when we have all the computers in place and the economists know exactly whats good for the economy and what is not.

Then again, anything can be expected in the United States, where the President is the mastermind in the plot for the greatest massacre that hits its own nation.

~Amen~

76 United States California Fullerton Stop Naked Shorting CMKX. You will be sorry in the end. Roger Glenn will make sure of that.
77 United States Texas Houston The SEC has created an environment to help the securities brokers by not making laws on naked short selling that are enforceable and protect the investor at large. This is in direct violation of why the SEC was formed. I believe that they are all crooks where money is involved and the extent of illegal activities that the SEC is involved in would be unsurprizing to anyone familiar with investing.

Respetfully,

Neil Nance
78 United States Texas Vidor holding about 4.2 million shares and this shorting has to stop now
79 United States Indiana Naked Short Selling is a detriment to American small businesses and/or brand new businesses trying to get established. The ability to buy/sell stock that you do not actually have is nothing short of theft.
80 Canada Magog, Quebec Lot of naked short
81 United States Florida Placida many more.
82 United States California Pasadena Naked shorting is a major scandal involving some very big fish. The SEC is not about to investigate itself and the DTC because they are a major source of the problem. 98% of the time short sales are never covered because the egregious dilution renderes the company bankrupt. Check out this web site for a more articulate overview. http://www.faulkingtruth.com/

83 United States Wisconsin Haugen Tired of naked shorting theres people behind bars for stealing " what part of stealing don,t i understand??? against the law. they should be behind Bars those MM,s
84 United Kingdom Darlington This practice seems to now be taking place using the Berlin SE. When I contact the Companies concerned I always get a reassuring reply that indicates that the CEO's have no real understanding of naked shorting and how it can affect their business. Please do all you can so that small investors can have a level playing field!!
85 United States Ohio ashtabula I do have specific companies that I believe I have witnessed first hand the effects of NAKED SHORTING!
My point in listing "ALL" under company names is this practice should not be tolerated in any company at any level or to any degree. It is my opinion that not only are investors stripped of their money but populations as a whole are striped of new and inovative companys and ideas.
Ultimately people the world over are stripped of jobs and opportunities. STOP NAKED SHORT SELLING
IT CREATES AN UNEVEN PLAYING FIELD
GET OVER YOURSELVES AND YOUR COMFORTS
CHANGE THE LAW!!!!!!!!!!!!!!!!!!!!!!
86 United States Rhode Island North Scituate please do not blow us off!!
87 United States Tennessee Bean Station ...or are you just taking us ALL for a ride? We the people should mean something?
88 United States Colorado Colorado Springs Unbelievable that the practice of naked short selling is legal. Inexcusable!
89 United States Oklahoma Concerned about all listed securities. Naked short selling does nothing to bring about a fair and open market. It seems the regulators need to be regulated.
90 United States California san diego this wrong i back all fellow share holders on this its just like steeling and should be pentalized
91 United States Oregon Merlin I believe naked shorting is hurting the US investor and thusly the country as a whole-Frank Clark
92 United States Texas Houston Judge Learned Hand once said, "Him who sells what isn't hisn' buys it back or goes to prison." That puts it simply enough. DTC has no business permitting naked shorting, and no company should be listed on a foreign exchange without its authorization.
93 United States New York I am appalled that this has been allowed to continue. As a taxpayer and an investor, I demand that you fulfill your responsibilities as the watchdog for unethical trading practices in this country. This scandal far exceeds anything that Enron or Martha Stewart have done.
94 Canada Alberta Forget the company names...how about the 'four or less' traders on the COMEX that are naked short more silver than exists on the COMEX...is know to exist in the world...or many times more ounces that the United States and Mexico produce in one year. This is another 'crime in progress'. See www.butlerresearch.com for more information.
95 United States New Jersey w. berlin ththf, qant, bwwwf, msitf, nnos, and atft are some of the stocks that are being sucked dry by these MM's (market Makers) they should be called MB's (market Breakers) DO SOMETHING!!! they are violating the LAW!!!!
96 United States California The more one is educated on these types of issues, the more likely one is to lose all confience in the markets. They need to be cleaned up or the people will clean them up eventually.
97 Canada Victoria B.C Stock price driven down to subpennys, reverse split 100 to 1 or 250 to 1 driving share price up only to see it driven back into subpennys again. We need class action law suits against our governments and financial institutions that we so gladly give our trust and money to. This is a real shame, this is a crime.
98 United States Washington Just an example of stocks. This crime has been going on for quite some time. The SEC in no way is protecting the little guy. You take us out of the market and see what happens. FANC, NITE, MAYF, NAIB, market makers some of the biggest players involved. SEC knows this but does nothing. Why is that? You know very well why it is. Kickbacks!
99 United States Connecticut Bethel It is time to clean this up. If you make an example of one, the others will follow.
100 United States California Westminster With CMKX it is so obvious, as you may know Dateline has a unreleased in depth report on the MMs in violation.
I sure hope you can do something about this.
Sincerely: Alvan DeGraw

 

LMAO. You might also consider wallpaper. Higher market value per certificate than even now. LOL
 

"So what," you may ask? Well, both of these are BANKRUPT companies!

Man, life ain't fair sometimes...
 

You are right on concerning some of the points that DrD made.
He adds much to the discussion, but I knew he missed the mark on the points you addressed. Good job and good post.

Up...I laughed up one side and down the other reading your post. Definitely a keeper to look back on in the future. A much needed laugh for all.
Please don't squeeze the Urban. :)
 

[This message has been edited by ali (edited July 01, 2004).]
 

CMKM NEWS, with a grain of salt, O/S 4.3 billion ?

Hey willy take this with a grain of salt but here is somethiDuring a discussion earlier today between me and my broker, I was given some information that I don't think was intended for my ears. I knew it had potential to stir up some controversy, so I decided I wasn't going to post anything about my conversation. However, after reading many of tonight's concerns regarding the O/S (fueled mostly by a few buffoons spewing their buffoonery), it didn't seem that what I had to say could do anything but help. If it turns out that I'm wrong and this only stirs things up more, I apologize. Honestly, I just want everyone to hear and consider the same information I heard, not to mention that I wouldn't mind seeing some discussion on this as well.
Ok, I was talking to a stock specialist at Fidelity, and was discussing the whole shorting issue surrounding CMKX. Long story short, he suggested I contact the transfer agent if I suspected any improprieties. I mentioned that we had just empowered a new transfer agent and it might be easier said than done. He said he had Pacific's phone number right in front of him and could could try to get to the right person for me. I was on hold for about 2 minutes, and when he came back he gave me the name of the rep handling CMKX (Brian Dvorak) and his number. Then.... he said he was told there were 4.3 billion "free trading" shares. I paused for a second, and he asked if I was still there (I had not asked for this info, so I was caught off gaurd when he threw that number out). I said yes I was still here, but had just thought there were more than 4.3 billion. He said that was the number they gave him.

I don't know if he was given this information because he was a broker, or what, but I kind of doubt I could have called Pacific, introduced myself as a shareholder, and been given this kind of information.

Now, whether I got lucky, or whether this information was correct or not, or whether they made a mistake and gave information out that they weren't supposed to, I honestly don't know. Also, by "free trading" shares, I can't be sure if that implies just the public float, or the entire balance of issued shares. This was not clarified.

After this call, I called Brian at Pacific to ask him a few unrelated questions. He was very pleasant, and was generous with his time even though he was on vacation (I think he driving in his car with his family at the time). I learned quite a bit from Brian and feel very comfortable with my position after talking with him. Even though CMKX just engaged Pacific, they have been working together with Urban for some time. I was expecting that he would just be getting up to speed on CMKX and may not be familar enough with the issue to answer my questions, but in fact it was exactly the opposite. He is very familiar with the issue, as well as present and past CMKM operations. Brian assured me that whatever the share structure situation is once it's all completely identified, that it will be addressed. Urban is committed to CMKX shareholders, which he added is evident by the fact that CMKX is now working with heavy hitters like Pacific and Edward's and Angell.

Brian also injected a few opinions of who he thought could be behind the bashing and why. I won't get into specifics on the board, but man o' man, if he's even partly correct then there would be some very big names (people/companies) getting nervous about CMKX.

I don't post much anymore, mostly because I just don't have time at the end of the day. However, because of all the talk today about the o/s, I really wanted to take the time tonight and pass this along. I'd also like to know if anyone else has talked with Brian yet or if they have heard or been given any share information similar to what I have.

Lord bless us, one and all. G'Night!

Wease
ng I found.
By: whatevr2
01 Jul 2004, 03:05 AM EDT
Msg. 347975 of 347993
,,,,,,,,,,,,,,,,,,,,,,,, http://www.stockhouse.ca/bullboards/viewmessage.asp?stat_num=8094627&all=0&t=0&archived=False&link_symbol=CMKX&link_table=LIST&navmode=1&navd=fwd&
 

[deleted]

Never mind. after digging I found this is old news. sorry.

[This message has been edited by Money_Penny (edited July 01, 2004).]
 

Thanks for the post of that information. I, unfortunately have to say that I cannot believe one word of that post, becuase of the positioning the writer states in the very last paragraph. It almost seems like the writer is stating that JUST to bring some credibility and "randomness" to the post. I want to believe it, but cant.

GUYS DONT GET ALL EXCITED ABOUT THE BLAH BLAH. WE WILL MAKE MONEY ON THIS STOCK SOON. ALL THERE PR'S ARE LEADING TO SOMETHING GOOD. JUST REMEMBER THAT. ALL THE OTHER STUFF IS BULL****.
 

quote:

---

Originally posted by JBCak47:
Well from what I understand marriage screws you over no matter what.

Alas... I should have just became a famous white rapper...

-John

---

And now Live from the back room!

Ice-Milk!

"And now Live from the back room!

Ice-Milk!
"

Hmmmmm what happens if I or a fan is lactose intollerant? Whoa, intollerence, not in this PC world. Ice sounds sorta threatning, how about Slush-Milk? In fact, Slush-Water...

lolol...

Or if CMKX hits, then I shall get Diamonds and gold from the mines and put them into my tooths (lol hehe, that is just wrong)!!!!!!

-John
 

Nice to see you again... you come back and what do we find,lol. Qbid board a mess! A mess I tells ye! lol... sighh....

Hey was that you who took a crap all over my car. I told you to stay away!

***WARNING****

DO NOT FEED THE PIGEONS!

$50 Fine/Summons. By order of Law.

-John

heheh
 

The Artist formerly knowen as Ice-Milk!

Vanilla Slush!
 

How about this more relaistic option:

For about two minutes only, proforming at the Marcey Housing Projects in NYC

Vanilla Squish:

(two minutes because that is all I have until I am shot.)

Hey WWJD Whats up... I just want to thank you for all your hard work. Thanks guys

-John
 

that's a keeper!
 

-John
---------------------------------------------
Hi John-Don't thank me yet, you might need to blame me later. I am sooooo hoping this is what we think it is. I really have tried to think of the down sides but I think this is going to be something incredible. I hope everyone has cancelled their GTC sell orders if they are under .50. I know that sounds kind of insane. But I am seriously thinking about the company offering a large (in proportion to what we are at) recurring monthly dividend of anything from .01-.10 a share. This is assuming the tradeable float is 4.3 Billion and the number Naked short shares is in the hundreds of billions. The company could offer the shares they hold for sale at a set price of .50 a share. Pay the true shareholders the dividend-we get immediate cash, liquidity, and the company gets money and still keeps their shares since the NS already sold their stock at .0001 -Now they just have to buy it. If the dividend were recurring it would force the shorts to cover since later will be more painful than sooner. The dividend would immediately get the share price up and since it is recurring the price would be stable long enough to possibly get on another exchange. THese are just the wild thoughts I have been enjoying today. A .01 dividend would be enjoyable for any of us. A recurring one -WOW-tax benefits of dividends (versus short term capital gains taxes), make you want to stay long and get long term tax benefits selling later. Billions of short shares sold would give us a lot of cash. UC and the other company employees would be enjoying dividends and the company would no doubt be getting tons of money for mining, sampling and exploration. This really could be as good as I think. We will very soon see.
IMWO-DD-GLTA-God Bless-Debi

 

here are my lyrics:

"

All the Bashers in this place can get my load on their face,

You better throw those diamonds away, and lean back, lean back.

I said all the bashers in this place can put a sigh on my face, and I hide my cmkx shares away then I lean back, lean back...

Hustling dinars for cash, sell those shares fast, while they play their games... then I lean back, lean back.

PHARMiscts are dealing, pigeons are reeling, bashers keep stealing, but I see that feeling and I... Lean back, lean back..."

That is the best I can do, and I also ripped off some rap artist on the 'lean back'. but it works for all stocks...
 

But I really need to read a book or something on naked shorting...

-John
 

member is offline

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Posts: 1080
A fat man's take on today's news...
« Thread started on: Today at 7:59pm »

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Relax about this transfer agent thing. It's simple damage control. And last time I checked, you don't do damage control unless you have a lot at stake to protect behind the scenes. Fats likes the fact we have a lot to protect.

Now don't make me have to go on PalTalk again tonight to put this fire out. Fats izza tired.

Fatboy is well!

 

The "hype" of the evening will clear itself in due time by the company or Attorney Glenn.

The mass posts of speculation and drama on other boards don't, and won't change this fact. The sun will rise and set tomorrow, and we'll have information on the status of their relationship with Pacific soon enough.

If I were to go out on a limb and predict, I understand what you're saying, but I doubt a firm of Pacific's standing was overwhelmed by any paperwork involved.

Neither speculative scenerio (still nothing confirmed yet) changes any of the potential here with our future.

If CMKX fired Pacific, I contend it is because of the trust which was broken by Pacific yesterday in releasing an inaccurate figure to the public. Whether it was negligence on the part of one employee, or a decision made by Pacific, releasing an incorrect figure to the public was wrong. The message explaining it was a figure obtained from the previous T/A doesn't change the fact that it shouldn't have been done.

If it was Pacific who feels they would receive too many calls from investors and too much attention because of their involvement, then they did us a favor if they decided not to continue the relationship. I'd rather have a T/A who is confident in their work, and can professional manage and communicate with shareholders. That's their job.

The other option is that Pacific is still doing our work, and all has been rumor by misinformed investors or planted MM's.
No one has budged, and if the last 2 days were attempts by MM's, then all I have to say to them is....STRIKE TWO. No one has budged and again momentum is slightly upward at the close.

With that said, let's sit back and see what unfolds. I like Allstocks for the DD which rivals and surpasses other boards because of the focus on value issues, and acknowledging the drama without becoming part of it or making it the focus of our discussions or decision. Be well, Bo

[This message has been edited by Bo14172 (edited July 01, 2004).]
 

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No ephelants and woozels here!

Gender:
Posts: 248
Interesting Update for CMKX as of today!
« Thread started on: Today at 8:16pm »

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We have a lot of interesting developments that may be in the works as of today!

We had a loose lipped Transfer Agent that was cut loose today. Why? My guess is for disseminating unauthorized information to unconfirmed shareholders in a way that was misleading! If that is the case then they are liable!

We picked up our boxes of information delivered from 1st Global at approx. 2:15 this afternoon and no longer do we have a T/A.

With this development also comes information from Chrysler that they were denying requests for certificates on CMKX shares! This is PARAMOUNT! This raises the playing field to a whole new level. Before anyone panics we need to consider that what could be the reasons we can no longer get certificates on CMKX!

1. They are not available because there are none left and everything in the float is naked shorts!

2. They are not available because we just got rid of our transfer agent and no one can receive the shares because the brokerage firm no longer has a T/A that can print and release the certificates to the investor!

3. This one is based upon a conversation with Brian Dvorak, where many of us were encouraged to call if we were not satisfied with the information we received from Pacific. Per that conversation I asked the question when did he expect the audit info and share structure would be released? His reply was “probably not before the new CUSIP number comes in”! I almost fell out of my seat. He said he was leaving on vacation and wouldn’t be available for information but on occasion! I believe he was affiliated with CMKX.

In any case #3 would be there would be no reason to release the certificates for CMKX shares for with a new CUSIP number coming out the certificates would have to be reissued before they could be received by the investor! This would also establish an more immediate time frame of things actually happening!

This CUSIP is exciting to me because it means we could be doing a number of different things:
1. Is we could be moving VERY SOON to an actual EXCHANGE
2. Is we could be in for a name change for various reasons
3. A new CUSIP requires accounting, clearance and replacement of all CMKX positions thus FORCING the MM’s to cover immediately.
4. We could be looking at a Merger or several other things

These are some of the biggies and good news in my book!

I am afraid this may have been part of the plan that Urban and Mr. Glenn didn’t want leaked out and Pacific Stock Transfer caught the brunt end of things first! This could be very interesting to see if the CUSIP info leaks to the MM’s then they will know that it is a forced cover!

I had the pleasure of speaking with a former MM known on the PalTalk as Shells87. He informed me that in the case of a quick cover the MM’s would have to begin contacting all MM’s with an offer to buy on any and all shares of CMKX that were available! The conversation would go something like this:
MM needing shares: I am submitting an offer for XXXX amount of shares with a bid price of .0005.
The other MM answers: I do not have any CMKX shares to sell. I am all out!

The MM needing shares would have to continue to call every single MM trying to purchase these shares and when he finds out there are no more shares, the MM then has to come to us and say NAME YOUR PRICE! That price will differ for every investor and some may go for .0025 or .05 or 1.00 or 5.00 but this would continue until all naked shorts are filled or the MM runs out of money! My understanding of what Shell87 had to say was that the MM’s would fill the naked short positions! They would not be left holding the bag!

Things are developing not on the back burner any longer in my opinion! I believe Mr. Glenn and Urban are turning up the heat!

This is just my opinion and I ask that you treat it as such!

Success to all!

This is so interesting to me. Scarry too.

Some on raging bull were saying Debeers was in on this. I could understand them shorting CMKX into bankruptcy to get the land. I don't want to start rumors and am only going by their posts.

If so then it would be a severe anti-trust violation for a company wanting to overcome that label with the SEC.

It is also Treble damages. If any anti-trust connection here then you multiply all damages by three.

If Urban owns all OS then you and I own naked shares and i'm not sure how that works. If they have to cover within three days do I have to sell in three days? What if I don't sell? What would the shares be worth after the dust settles?

I'm still thinking the TA got tired of the phone calls and we may be over reacting.

I recorded this yesterday for shareholders of all stocks, cmkx and anyone who trades pennies. It is probably some of the best 1 hour learning for advance and beginner investors you can find. It really uncovers the shorting problem today and how it effects shareholders. The last two files 1 & 2 is a discussion between investigate the sec and the former sec rep.
THIS IS GREAT STUFF AND U WILL BE HAPPY TO TAKE THE TIME OUT AND LISTEN.

Audio Recording from Sterlings Chat, Former SEC guy, Sterling,and former Marketmaker. They discuss the naked short problem and how cmkx is in a great possition to hit it big.
http://www.ideadirect.com/cmkx/3.rm.ram

http://www.ideadirect.com/cmkx/4.rm.ram

Former SEC guy Audio Recording from Sterlings Chat

http://www.sterlingsclass.com/1.rm

http://www.sterlingsclass.com/2.rm

junkyard71
Diamond Finder

member is online

Posts: 87
Re: The eyes of the Financial World from
« Reply #6 on: Today at 9:28pm »

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i would almost agree with the betrayal argument, but there are a few possible acceptible scenarios i think...

right now you can't focus on any one possible outcome here... just the potential... no matter how that potential is divided up.

we all own a piece of that potential in our shares and therefore also carry the risk of the potential being small or non existant.

we know a few things to help weigh some of that risk but without facts we can only work on scenarios of different outcomes...

the only way betrayal becomes evident is if cmkx did issue (dump) 350 billion shares on the market over the last year or less... and there is no securties problem from naked shorts or any shorts for that matter...

the likelyhood of this being the case imo is zero but as a worst case, make you worry and sell out it is proposed as an option and debated.

personally i don't doubt the 400 billion shares held by longs reported by the transfer agent. i've watch enough of the market players behavior and where information leaks from etc... that i find it plausable as accurate enough.

what this tells me is that there is a huge difference between what we expect cmkx has issued and what appears to be in the public float.

to frame-out possible explainations we need to include roger glenn's appearance on the scene 30 odd days ago, and the press laying out the facts that cmkx is moving to become a fully reporting company as quickly as possible.

roger glenn and his law firm aren't easily duped into scams i imagine... so excluding that, what would compel them to be exposed to this situation at all?

in that light it seems it has to be fairly significent... and this is where it gets difficult to explain without coming off like a raving lunitic...

cmkx could be shorted to 100% or as much as 1000% this is actually scary because hedge funds will be liquidated, bankrupted and their assets frozen... people will go to jail...

what happens if this is true depends a lot on what cmkx might be worth down the road... are their claims viable? sparce? multiple and rich?

but maybe there is no such short position and maybe cmkx has issued more shares then we can understand. but remembering roger glenn again, cmkx must have something extraordinary in their claims value... and i would have to think roger glenn has proof of this beyond monitoring internet message boards for speculation.

you have to focus on why is roger glenn here... does canada's government really identify the area as possibily the biggest diamond deposit ever found... anywhere... is the stockgate scandal real?

do we have a case where both are true?

speculating about share price seems meaningless without some hard facts to base them on, and we really have very few...

one thing for sure is that when the one in a billion longshot opportunity actually pans out, and you're there in the sub basement days taking the risk you end up being rewarded at levels beyond your wildest dreams.

cmkx as it shapes up now... today... shows all the signs of emerging as the stock of the century except it's price of .0004 x .0005 and trading volume of billions of shares a day....

cmkx still has risk... you could lose everything you invest... but be aware that once cmkx has clarified and finalized details that are already public knowledge this stock won't be nearly this low... if time passes and cmkx and roger glenn produce zip in the way of expected progress you bet this stock will slip lower...

it could slip to .0003 x .0005 for a little bit but believe me, if cmkx can fall to .0001 you don't want to own it there.. but i could also guaranteeyou that the reason for the crash will be well known public knowledge... and a proven scam...

since i've decided scam is not an option it seems to me the only way to go is long. and with enough shares that you can sell a few on every signficent leg up and still hold enough that just in case cmkx is the stock of the century you have enough to make the experience a life altering experience... financially as well as emotionally...

cmkx might be one of those stocks that turn a few thousand into secure retirement...

if i haven't said it enough though... the market is a risky place and lots of things can go wrong... be prepared to lose what you invest. just because, no matter how unlikely that may seem, it is possible...

if this goes south, you will know why in un mistakable official developments, otherwise as we make progress and cmkx stock trends up roller-coaster style be prepared for emotional distress of the stock swings in concert with every tom nice person and harry trying to make you worry enough about some unknown or another to sell some shares so they can cover shorts or just buy in a penny cheaper...

good luck all, there is nothing more fun then finding a stock like this and having it actually work out! and yes it does happen, pretty often actually, it's just knowing about them early enough etc...

i'll sell only if roger glenn resigns in embarassment... i'll also sell a few on the way up... enjoy some of the gain and take pressure off any overwhelming desire to cut and run early...

rambling on...

junk
---------------------------------------------
For the record I still long and strong in this stock and looking forward to a PR and a freely trading stock. -Debi


 

I am certainly holding cmkx long and strong after hearing it
 

Deb, your closing sentence was short but speaks volumes.

Good finds on some great DD.
Scouring other boards is great when you go into it looking for the needle (good DD) in a haystack (worthless words, theories, rumors & untruths). Again, great find.

This morning someone posted on "Sterling's Classroom" in RB challenging people to call the T/A and we would see for ourselves the truth of last evenings rumor. Knowing they wouldn't be in and I wouldn't be a further interruption to their day, I called to see what the message said. As expected, there was no enlightenment, or news. AFter many rings, the greeting message comes on, identifies their company, states their office hours, advises no agents are currently available (it's only 6am their time), and finally they would be closed on Monday in observance of the holiday.

Whether it be trivial matters such as I described, or outlandish theories proposed by Sterling, take them with the grain of salt and assume they are false. They attempt to convey them as far more than what they are, and fortunately most have seen through this.

I know you posted thoughts on what you believe may occur, which is good. Anyone reading your posts knows that 99% of the time you come at this straight on, and your motives are sound. I don't trust Sterling's motives. Anyone following SSWH in the spring can attest to why I say this. This time however, even though his modus operendi unsubstantiated and outlandish theories, he is his own worse enemy. But as a result, many seem to have more of an interest in what is real and verified. I respect him that he has started forums for discussion, which is good. Given his past record, and recent posts of grandeur, I think many are more grounded.

People can invest as they wish and believe what they wish. Just know that whether it be insignificant untruths such I confirmed this morning, or the more orchestrated, they try to convey lies, stories and rumors in the most sincere way.

I do enjoy reading you posts very much, and am looking forward to a life of service in ways similar to your goals. Be well, Bo
 

quote:

---

Originally posted by emunahstock:
I know guys waiting 4 days now to buyback at 4. If there was bigger space from bid to ask you could do it. I would be first to try but I think we are sitting too big to touch this right now especially with 4-6 days to buyback after selling at 5

---

Thanks, e! I was afraid of that! I just didn't want to be the only one missing the chance if it was possible...
 

we need to mail this chart to the mm's SAYING THE JIG IS UP
---------------------------------------------





 

quote:

---

That posting about a PR coming out yesterday was from someone's cousin's baby's momma's friend from across the street, her brother's girlfriend's co-worker's baby daddy who had posted it.

---

Doesn't sound like he should be too hard to track down. Let's find him and ask him to verify his information.
 

"Peter says that casavants and others all saying upset that all this made some sell. They want all to stay long with company. Still committed.
Looks like NOT going public at all
-

I think the easiest way to keep all this mess straight is to just say O/S are this.

If they know the O/S and can tell they should unless there is some reason they shouldn't.

In my opinion I want the games to stop. If they have diamonds it doesn't matter. If there is an investigation underway then say so because anyone short on this illegally has been on notice since Roger was hired.

This whole thing just stinks to me. I can get out with a profit right now and ruin the dreams of being retired. As a person of faith I believe you make your yes yes and your no no.

If this is on the up and up they shouldn't mind disclosing things so investors can make logical decisions with money that will supply their family.

Not everyone is a day trader who deserves getting screwed. Some are real investors. If this is a real business with real work and reward ahead then give me the facts.

Mistakes, or MM's shuffling these shares back and forth to activate some "stop orders" (not sure if this is the right term?
 

I'm just responding to the words in your post. I'm not sure which are yours or from the other post you refer to.

From calls made by IBC Radio and others to Pacific and Melvin, it seems that indeed CMKX terminated the services of Pacific yesterday. It shows that CMKX is serious about performing an audit and aligning themselves with firms they can truly trust.

Because they issued a pr of Pacific's hiring, I would expect CMKX to officially confirm this in the time frame they and Atty Glenn chose. I would think this would be in the near future.

However, I would caution in expecting to see a blow by blow activity report and reasons within the pr about the firing. In cases of termination of employees, contractors, partnerships, etc. very rarely does the employer/company reveal such detail. CMKX may do this with generic wording, but just want to temper those who expect the Pacific pr to go into much, if any detail.
A representative of the company, such as Melvin may disclose some details to shareholders in his conversations, or Urban might share with shareholders who discuss matters with him at the races. If and when they decide to announce this, I would expect it to be professional and to the point.

Bo

I agree, but we also have statements like "Beware of Wolves" and "Do not throw your jewels to swine".

We have to make everyday decisions, not just blindly follow. In this sense I want to be partners with these guys, and we shouldn't be unequally yoked. If they are people of respect then I support them 100%, but all i'm seeing right now are what appear to be legal games.

Also, not everyone is saying we fired them but maybe they fired us. Then we have a statement of 400 billion on a phone msg while the next day an attorney for the TA handling our case supposedly says 4.3 billion. How could he know this the next day and still have the 400 billion msg up?.

Could be both or neither are true. I just want an honest company so I can feel comfortable about the people. The O/S whether 400 or 4.3 is ok with a diamond find, but dishonest people I dont want to be engaged with.

I started to buy qbid before the run but don't like what they stand for.
 

So much for them getting their act together.

Call them if you do not believe...

Just called Edwards and Angell to talk
to Roger Glenn... receptionist put me through to his voice mail...

No answer today... I guess...

Anyway I left my number and my questions.

I am not going to throw more speculations on the table, but if I come up with something I will let you know. Good day!

I should do this more often, it is more exciting. LOL

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

By: careful-investor
30 Jun 2004, 08:35 PM EDT Msg. 32696 of 32700
(This msg. is a reply to 32670 by careful-investor.)
Jump to msg. # Go
The maneuver…

By: abfsloyal
30 Jun 2004, 08:25 PM EDT
Msg. 346997 of 347003
Jump to msg. #
The maneuver…

Ok, a lot of folks have talked of the “Casavant Maneuver.”

What exactly are UC’s plans? By carefully analyzing the past of Mr. C, I believe that we can draw a picture of where this is heading and even predict with some accurately, the next “move”and where we are now in this game.

Well, I have shown some history of Mr. Casavant in some earlier posts.

As I have posted before (from some research on UC), Mr. Casavant has once before done very well at acquiring claims in a ‘hot’ area and then selling these claims for some substantial gains as the frenzy of the area peaked.

And I believe that was exactly his intention this go-round as he built up his claims in the Fort a la Corne region.

He became interested in this area (as did Rick Walker) as companies like Kensington and Shore began reporting successes in the region. So I believe that he saw the opportunity to again move some claims and make some substantial gains.

Didn’t work.

Others were already too involved with their own claims/projects and he couldn’t find interest in his claims.

He spent a couple of years “saber-rattling” about drill targets, permits,buying drill equipment, etc. all aimed at building interest in the Casavant claims.

But like I said, didn’t work..

So what do you do? You have over a million acres of claims in an area that has all of the markings of a great diamond play… what do you do now?

Especially after being “snubbed” by the “big boys.”

You beat them at their own game.

After Kensington and others kept reporting more and more positives of their efforts in the area, I believe that UC came to the conclusion (with some moral and financial encouragement of some others, like Mr. Walker) that he actually could be successful at a full blown exploration of his claims. What must follow must somewhat be considered a two-pronged attack.

You must restore stockholder confidence and value while at the same moving forward with exploration efforts.

First off on the stockholder side, you must restore credibility. You announce that a full audit will be forthcoming with the goal of becoming a fully
reporting company. You announce the intent to move to a new transfer agent. You change your name. You are not any longer “Casavant Mining Kimberlite International”… you announce that the new company will be named “Casavant Diamonds”, aligning yourself much tighter with your goals
and intentions.

Now on the performance side… first and foremost, you must drill for diamonds.

But where? You schedule a full, complete magnetic survey of all of your one million plus acres to plan drill sites. To move along quicker, I believe that Casavant drilled at the Smeaton property to simply punch a hole on the land of
that had the highest likelihood of kimberlite/diamonds BASED ON THE INFORMATION THAT HE HAD AT HIS DISPOSAL.

What information? None really. Not without the survey of his claims.

But Mr. Walker had had some experience with the Smeaton property before. He knew for a fact that there was kimberlite on the land. Although the results from previous drill attempts on the Smeaton land were not too exciting, to say the least, at least kimberlite was found. And most involved considered the testing “incomplete” at best. Nobody involved ruled out the possibility of there still
being diamonds on the Smeaton property.

So, while waiting for his magnetic survey results, Mr. Casavant, ever the entrepreneur and risk-taker, started drilling on the Smeaton property.

Although deep quantities of Kimberlite were found, core results from this initial drilling were disappointing to many, although better than when the Smeaton property was previously sampled.

While waiting on the core results from the Carolyn pipe, Casavant hires one of the most well know, influential securities attorneys in the country. We hear more often in pr’s of his intent to become a fully reporting company.

Then, we hear the announcement that the magnetic survey is complete.

We now hear that the move to a new transfer agent is complete.

So let’s stand back at a distance, take a look at what has happened and try and figure out what comes next.
Maybe the best way to come up with where we’re going next is to look at all that must happen and simply eliminate what has already happened.

Here is what we need to see to complete the move to a credible, respected diamond exploration company (not in any kind of order)…

1. Complete internal audit
2. Move to new transfer agent
3. Magnetic “picture” of ALL of your claims.
4. Disclosure of share structure to your shareholders
5. Hire securities attorney to protect interests and aid
in movement(s)to become reporting and move to different exchange
6. Announce next drill target(s) based on magnetic survey
7. Announce filing of documents to move to new exchange
8. Announce successful move to OTC exchange.
9. Announcement of estimation of valuation of cmkx claims.
10. Announce drilling commencement on new drill targets.
11. Announce core samples results from core samples of latest drill.

You can figure on repeating numbers 8 and 9 as we move on in our future as a exploration company.

Ok, so let’s see what we’ve (Casavant) has done already…

1. We’ve seen the announcement of the new TA, which should mean the completion of the internal audit.
2. We have completed the magnetic survey (guys, this will turn out HUGE).
3. We have hired an outstanding securities attorney.

So what we have left is the share structure disclosure, drill targets announcement, announcement of filing docs to move to different exchange, announcement of successful move to new exchange, and drilling / results from new drill targets.

After results from targets reveal some positive results we will probably also see some sort of announcement of valuation of claims. This announcement could even come sooner, but will hold less weight and be less effective to the pps without positive drill results.

So what would logic tell us the next announcement that we see will be right now?

I believe that we will shortly hear of the share structure and or the filing of documents to move cmkx to a different trading platform. (one or other as early as this Friday night, as late as July 16 - 23)

I believe that thereafter, we will hear of the announcement of selected drill targets (after drilling actually begins).

During the time of drilling or after drilling (waiting on core results) we will hear of the
pending / completed move to a different trading exchange.

Then we will see a steady supply of drilling / core results samples and possible mergers and/or claim sales.

It’s happening now guys. You simply can’t ignore what has transpired in the past few months. And each of these future "steps" of the Casavant Maneuver will yield a surge in the floor of the pps.

And each of these steps that comes true only makes the remaining steps much, much more likely.

Don’t miss out.

Look at what has happened. Look at what is going on. Look at the people involved.

Don’t miss out.

This won’t be like QBID.

It won’t be like anything that any of us are likely to see ever again.

Don’t miss out.
http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=346997
 

Urban started this business up a couple of years ago selling a hundred thousand shares or so a day in the .01 - .05 range and was pocketing the money. Occasionally he would put out a meaningless p/r to keep the interest up. It afforded him a nice comfortable life style. Then he started putting out p/r's about diamond mining and the thing caught fire. Not just a brush fire but a raging wildfire. The demand was so great for his stock that he started pumping billions of shares onto the market and the share price tanked because of the obvious dilution. But even at .0001 when he's throwing billions out per day, he's now not just comfortable, he's rich, big time rich. All is good in his eyes as the public seems to have an insatiable need for his stock so he keeps supplying the shares. But then, questions start coming in from angry investors, they want to know what's going on, where are the results. He puts out a slew of promising p/r's but they don't lead to anything and the heat gets turned up a notch by the investors. He realizes he cannot continue to do this alone so he hires a spokesman (Melvin) to field the calls from angry investors. Melvin does a good job and assures most that things are looking good and the buying frenzy continues. In the meantime Urban has pocketed millions and millions of investors dollars and has not spent one thin dime except on some mineral claims that didn't cost all that much. People start screaming scam and threatening lawsuits so Urban realizes he has to do something to make it look like he has the investors at heart. So, he sets up an old drilling rig on land that has already been proven to be unmineable and shoots video of it as proof that he is doing his best. The reason for the unmineable land drilling is because he wants no part of an actual diamond strike. That's when real money would have to come into play for further sampling and possibly an actual mine in the future. The buying continues unabated and Urban gets richer. He decides to further show his shareholder support by sponsoring a race car thereby getting his name out in the public and attracting new investors but not a NASCAR car, that costs money. He opts for the funny car circuit where the sponsorship costs are minimal, relatively speaking. At some point he realizes he's in way over his head and sooner or later this is going to blow up in his face so what does he do? He contracts with a fairly high powered attorney to try to get him out of this mess. Sure, it might cost him a million dollars but that's peanuts compared to what he's raked in. For an exorbitant fee the attorney takes him on as a client. His first directive is to get a complete audit of the share count and to switch transfer agents. The new transfer agent sees just what kind of a mess they're dealing with and walk away from it. If you read Mr. Glenns (the attorney) statements regarding CMKX, he has never stated he is working on making them a listed reporting company. Below are the only two public statements he has made:

#1: "We have been retained by the company to resolve the problems it has been facing, and we expect to devote significant efforts immediately toward that goal. The company has advised us that it is dedicated to complying fully with all requirements on it, and we are pleased to act as counsel to it on that basis."

#2: "The Company is proud to announce this relationship with Pacific Stock Transfer .It has a fine reputation as a transfer agent, and the Company is looking forward to working with it in the future. The Company is confident that Pacific Stock Transfer will process transactions in the Company's stock accurately and quickly."

In addition to Mr Glenns reputation as a top notch attorney in assisting clients in become listed, here is another of his specialties pulled from his bio.:

Securities Litigation

Our attorneys also handle internal investigations and lawsuits involving a full range of alleged violations of federal and state securities laws, as well as the rules and requirements of self-regulatory organizations. Defense of investigations and proceedings by the SEC and other regulatory agencies are likewise within the Securities Litigation Group's areas of skills and knowledge. We have also represented clients before various regulatory agencies and self-regulatory bodies, including state securities agencies, the National Association of Securities Dealers and national stock exchanges. Because of the nature of securities enforcement actions, we are sensitive to the need for confidential internal investigations and the importance of internal compliance proceedings.

While I'm not saying this is what is going on, and I hope it isn't, there is an equal if not greater chance that this is the case. It's happened many times before with sub-penny stocks where scams are prevalent. I realize I'm probably going to get basted for posting this but if you look at it and compare it to the dollar + per share theories, it is no more far fetched and might even make a little more sense.

By: wodan11
01 Jul 2004, 03:12 PM EDT
Msg. 33398 of 34513
Jump to msg. #
UCAD: Hires Child, Sullivan & Co as Independent Auditor [delayed]
Ridgeland, MS, JUL 01, 2004 (EventX/Knobias.com via COMTEX) --
U.S. Canadian Minerals, Inc (OTCBB : UCAD) filed an 8-K on 7/1, in which the Company reported that it engaged Child, Sullivan & Company, 1284 W. Flint Meadow Drive, Suite D, Kaysville, UT 84037,to be the Company's outside independent auditor.

GET KNOBIAS IN REAL-TIME: Delivery of this proprietary Knobias alert has been delayed by at least 10 minutes. To get all Knobias alerts in real-time daily, visit http://www.knobias.com/cmtx

ABOUT KNOBIAS: Knobias is a premier financial information provider of trading and investing data covering all U.S. equities for investors and security professionals. Knobias is best described by its three major components: Real-time desktop applications providing quotes, charts, level 2, analysis etc.; Knobias RAiDAR providing thousands of real-time news stories, alerts and documents daily; Knobias fundamentals providing a comprehensive database of fundamental research information.

Knobias.com, LLC
601-978-3399
601-978-3675
info@knobias.com www.knobias.com/cmtx

 

YOU POST YOUR DOUBT DAY AFTER DAY...

UPSIDE PLEASE SHUT UP! BEACUSE YOUR POSTING IS A DOWNSIDE

SPEC U LATION STOP THROWING IT
http://cmkx.proboards34.com/index.cgi?board=general

UPSIDE IT'S BASHER FREE POSTING YOU MIGHT HAVE A PROBLEM....

[This message has been edited by Doji say what!! (edited July 03, 2004).]
 

Also, I wonder if someone actually went on the site and have monitor the drilling activities.

 

Nevada 0-25523 33-0843633
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

4955 S. Durango #216, Las Vegas, NV 89113
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (702) 433-8223
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On July 1, 2004, the registrant engaged Child, Sullivan & Company, 1284 W. Flint Meadow Drive, Suite D, Kaysville, UT 84037,to be the registrants outside independent auditor.

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto authorized.
U.S. CANADIAN MINERALS, INC.

Date: July 1, 2004 By: /s/ Rendal Williams
Rendal Williams
(Chief Executive Officer)

 

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

quote:

---

upside why do you spend so much time on this THREAD? i don't get you AT ALL
YOU POST YOUR DOUGHT DAY AFTER DAY...

---

Doji,
I don't spend all of my posting time on this thread although quite a bit of it is as this far and away the most entertaining stock I own. And its not all doubt either. Just the other day I expressed optimisim
about the potential 4.3 billion share count and before that I tried to disprove the 400 billion count. My feelings towards this stock swing both directions as the days go by and apparently today, they're on the negative side. Just posting both sides of what I perceive to be the story.

Please, you were on the right track. You bashed with unsubstantiated untruths prior to early May when you had $200 invested. At the time, like many who were wrong, the doubt you attempted to cast focused on matters of being able to sell shares, and mocking people's investment choices because it had no bid at the time. You were wrong in your posts then.

Granted, TW's post above you is awesome and you had to somehow balance that with negativity. But to do it reverting back to your old tactics isn't worth the time to read it.

In TW's post, much of the first part of the story of how this effort came to be is conjecture. However, the list of things that need to be done and are beginning to occur is simply outstanding.

One can take your entire post and shred it, but only the most important points to current activity that need corrected.

You state: "So, he sets up an old drilling rig on land that has already been proven to be unmineable and shoots video of it as proof that he is doing his best."

This is wrong. Such an enteprise didn't occur overnight and didn't involved some old drill, and if you had half the initiative some of us have who have spoken to Canadian miners or anyone in the mining business, you would understand better how costly it is to drill. This drilling operation involved a rig obviously able to drill at least 900 ft through rock and kimberlite. This operation was with the alliance of 2 JV partners. This partnership has developed since last summer into the operation it has become today. Do this for yourself tomorrow: Go to a heavy equipment and truck spring shop tomorrow and ask them for a 6" x 6" plate of high strength steel. I was going to tell you to ask them for 1/2" thick piece, but just ask them for 1/8" thick. Next, don't just buy a high grade drill bit, get the best. Get a big 3/8 inch titanium bit. Make 4 holes in it and tell me how long it takes.
It's a big operation Upside. You have no idea if the rig was "old". Through the pictures, video, pr's and results, you do know the rig did the job.

You the assert in this same comment about unminable land. I won't insult those who read Allstocks with a comment. I'll also simply refer you to the state of the art magnetic survey recently done. I saw no one else mention this, but this was very impressive and no small effort. Surveys and drilling in target areas are how you determine where to mine.

You bring up the race car sponsership like it is news. It has been an ingenious way to get national attention to what you are doing. Races are watched in many countries and the NHRA schedule has events sweeping across so many areas through the season. The timing of when this occured in your fairy tale was incorrect as well. Your statement go as far as to assume NASCAR was a consideration. Again, wrong assumption to attempt to create doubt. No where has such an option been mentioned. He obviously followed his interest in a racing association of high presence and highest quality for what they do.

You state: "For an exorbitant fee the attorney takes him on as a client. His first directive is to get a complete audit of the share count and to switch transfer agents. The new transfer agent sees just what kind of a mess they're dealing with and walk away from it."

99.999% of law is practiced unlike what you see in the high profile cases that involve celebrities and sports stars who get into trouble. I have spent 17 years in dealings in corporate law with both plaintiff and defense counsel. An attorney with the Curriculum Vitae of Roger Glenn, as part of a global law firm is simply not going to be bothered by the work you wrongly allege.
Further, as I stated before, I highly doubt a transfer agent of Pacific's standing is afraid of paperwork or a mess, as you wrongly allege. It was confirmed they are no longer the agent, and from those that spoke with Melvin on Friday that Pacific was fired. CMKX is pursuing a complete audit of their shares. This is good for all. They chose to have a T/A that is not only reputable and accurate, but can be trusted.
Melvin advised all on Wednesday that the figure they blurted was incorrect. Their attempt to mitigate their mistake by the message they left didn't excuse the fact that doing so was still wrong.

In only those statements I touched on, you made them in light of the fact you were wrong 2 months ago. You made them in light of the fact, through pr's and events which have already occurred and disproving what you say.
And, of course anyone is free to post, but for a guy who claims to have only $200 invested in this stock, you spend alot of time here and little place else if at all.

Too many times, flippers are aloud slack because they appease all views at different points in time. It is misleading, and motive driven. You have shown both sides, and in this case were wrong when your "negative side" came out before.

The re-post of Trading Wizard was outstanding and should be bumped up in our thread through the pages, as it outlines a very accurate course ahead in my opinion.
Nice post TW.
Nice try Upside.

Bo

[This message has been edited by Bo14172 (edited July 03, 2004).]

[This message has been edited by Bo14172 (edited July 03, 2004).]
 

All of my shares are free!

Wheee!!!!!!!!!!!!
 

[This message has been edited by Upside (edited July 03, 2004).]
 

quote:

---

Originally posted by Booty Quest:
I just saved 15% or more on my car insurance.

---

These guys are sitting on a gold mine
(also Diamonds....) With the amount
of money the company has made selling
shares they have had the money to proceed
at a better pace and keep the shareholders
more informed.

As for the Race Car... I think that is an
indulgence that shows the lack of respect
for the shareholders that these people have.

I have said this before I do not think
UC is a genius... I think he is over his head a bit.

I find it disheartening that the Xfer agent
that was announced on the 29th in just a couple
of days is not longer associated with CMKM.

It is indicative of some serious problems.

I do not believe that UC/Glenn are waiting
to sort out the nakedshort selling. That
problem is totally independent of providing
the information on the company O/S and structure.

The question is how do we get our little company on track?

With the 10's of millions and potentially
hundreds of millions of dollars poured into
this company by shareholders - I believe we
are entitled to better service and a more
up front approach by them.

I pick stocks for more of a long term approach
and believe this will be a good play if the
company would just pull its head out of its
orafice.

quote:

---

Originally posted by RaiderJR:
Read this at raging bull.

"Peter says that casavants and others all saying upset that all this made some sell. They want all to stay long with company. Still committed.
Looks like NOT going public at all
-

I think the easiest way to keep all this mess straight is to just say O/S are this.

If they know the O/S and can tell they should unless there is some reason they shouldn't.

In my opinion I want the games to stop. If they have diamonds it doesn't matter. If there is an investigation underway then say so because anyone short on this illegally has been on notice since Roger was hired.

This whole thing just stinks to me. I can get out with a profit right now and ruin the dreams of being retired. As a person of faith I believe you make your yes yes and your no no.

If this is on the up and up they shouldn't mind disclosing things so investors can make logical decisions with money that will supply their family.

Not everyone is a day trader who deserves getting screwed. Some are real investors. If this is a real business with real work and reward ahead then give me the facts.

---

If national promotion through being a primary sponser involved in the NHRA Funny Car Class upsets you, you're going to love this:
http://www.ccriderracing.cc/Home_2.html

Click on the team report link for a nice write-up about CMKX.
I know many have different opinions on this, but promoition that brings national television exposure and weekly presence across the country is a great positive approach. The opportunities for business contacts and those interested in offering capital venture support exist weekly as well.

And Upside, sorry, it was late and it wasn't meant to be personal in anyway. The week had enough drama, and some of the points you made I just felt were off the mark is all.

I do believe keeping the TW's post at the forefront, monitoring progress based on the near term steps laid out would be constructive.

Off to the lake with the kids and spend some time on top of the water. Be well, Bo :)

I am a little unsure STILL of the naked shorting... lol...

PS. I bought 400k shares of CMKX on Friday. I now have 1.2+ million Let's see where this goes!?!?

-John
 

Dave
 

That post was FANTASTIC!! Nice to see someone posting the ALL the possibilities...and in such an eloquent manner.

Sad to see "basher" and "shut up" from others. Good to see Debi (and I expected that) Chiman (willing to consider all points) and Will (much to my surprise) give you deserved credit.

Hell, maybe all those hundreds of anomalies are just hundreds of rabbits with key chains on their feet running around all that acreage. LOL
 

Cost to cover 1 Billion naked short shares
at: .0004 = $400,000
.01 = $10,000,000
.10 = $100,000,000

Now add a zero
Cost to cover 10 Billion naked short shares
at: .0004 = $4,000,000
.01 = $100,000,000
.10 = $1,000,000,000

Now add another zero as some MM's or their clients are said to be naked short hundreds of billions of shares.

Cost to cover 100 Billion naked short shares
at: .0004 = $40,000,000
.01 = $1,000,000,000
.10 = $10,000,000,000

With the law firm IF they have a winnable case there could be awards of triple damages in court. If they have a plan that will award us a cash dividend and get them to cover it would give the company cash to use for mining, great surplus, increased shareholder value, would reward UC, Melvin and the rest who are shareholders and us. A .01 dividend would be nice. A larger one even better. I do think that the company has indicated to us it is in the process of becoming a reporting company. As far as firing the new transfer agent goes-if there was just cause-and it looks like there may have been then we did the right thing. UC has the majority of stock in his own personal name. It benefits him for this company to be successful. He knows the plan but I believe as a majority shareholder he stands to benefit more from the increased value in this stock than he would from taking the .0001 percentage profits from any scam. This is my opinion. I think we know the mineral rights are real and have value. I think we know that the lw firm is good even if we don't all agree how good. THe lawyer is excellent and has helped write some special laws dealing with taking a public company private. This is worth noting but until we get a PR from the company nothing is official. I just want to add that anyone who did a modicom of DD before they bought this stock knew the share count was undisclosed. Should have also known it wasn't going to be revealed until the company thought it was ready to be revealed. OK-You are UC and you own at least 600+ Million shares of this stock not counting any shares you may have purchased since you stopped reporting. Now there are some shareholders with 200,000 shares or 2 million or 20 million shares jumping up and down and clamoring to know the share count and naked share count and other undisclosed information that are part of your manuever. Do you cave because they are unhappy and have some shares or do you stay on track knowing that what adds value to your shares as the big kahuna shareholder will ultimately be good for them too? I am long on this stock, (maybe a little short on patience) but willing to wait it out and hope for the best. There are major big bucks on the finish line for whoever is left standing. I do think it is a war. I don't want to be a casualty. I am believing the way I do because the MM's are guarding the share price like their firstborn son is on the line. Think about their behavior too. It is easy to look at the company and say give us the share count. What about the MM's? What are they doing? What is their behavior on this stock? Does it look to you like a freely trading stock? DO you trust them to look after your interests? I don't.
GLTA-DD-IMO-Debi
 

I am a Veteran who got shot at to protect those rights...including those of people who want to tell others to shut up, get off the message board forum, basher, etc. I have searched my genealogy, and at least 7 of my ancestors fought in the American Revolution for those same rights. Doji, if you and others have a different venue, that is your right. That does not mean anyone should be gagged or denegrated because someone does not want to hear what may also be an honest opinion. Some of you even went to the point of emailing Allstocks to try to get me removed from this forum for voicing my opinion. One, I definitely know. As to the other 2, I can make a very accurate obserbvation.

Email Allstocks, and I am willing to bet they will inform you they intended this to be a "forum". A forum is a public meeting place for open discussion...a medium for open discussion. Anyone question what "open discussion" means? A good example is a 2-way street. Be courteous and respectful enough to allow someone to pass in the opposite direction and remember, you may turn around at some time as well.

Have a safe and enjoyable 4th of July!

[This message has been edited by Wallace#1 (edited July 03, 2004).]
 

quote:

---

Originally posted by JBCak47:

How could there be more 'buys' then 'sells' or vice versa when if someone 'bought' shares someone else had to 'sell' them. Hence 1 trade= 1 buy & 1 sell. How could there be more buys? Is this then naked shorting since if it is all buys and less sells the naked shorts are the difference? Hence why they are made up out of 'air'?

I am a little unsure STILL of the naked shorting... lol...

PS. I bought 400k shares of CMKX on Friday. I now have 1.2+ million Let's see where this goes!?!?

-John

---

If I sell 100 shares and two people buy 50
shares each how does that compute?

 

Edited post since it appears to be untrue. Probably will be soon. -Debi

[This message has been edited by WWJD-thru-me (edited July 03, 2004).]
 

[This message has been edited by Money_Penny (edited July 03, 2004).]
 

Would be glad to help in any way...what would you like me to do?

I did notice, however, that we have another friend (of a friend?) involved. Besides, I don't know how credible a woman could be. Just joking. LOL

Seriously, it might be interesting to find out if other brokers held up trading at that time. Without a definitive and accurate explanation by each that was identical (or even almost the same) it should not hold much weight.
 

Thank you for your kind respect and consideration of me and my opinions. Yes, I do think CMKX is a SCAM. That is my RIGHT!!

Have a wonderful 4th!
 

Anyway, I don't feel like arguing anymore and I will go outside and catch some sun before the rain comes marching in. Everybody (you too Wallace) have a pleasant and SAFE 4th of July!!!

Hopefully we can proof Wallace wrong next week!!!
 

I see room where many things could have been released that were not which would have made the price go up in price for Urban to dump at much higher prices if these were his intentions.

If you were Urban and your goals were to really dump shares at these levels, wouldn't you had already put out all types of hype and pumping PRs to allow for you to dump at much higher prices? Wouldn't you had already issued out all of the 500 billion shares and reverse split this by now to start the process of diluting all over again? None of these negative things have happen and is never going to happen in my opinion.

I personally believe that Urban is not currently dumping shares. He might have dumped some shares a long time ago as is the norm for any company that trades on the market to raise capital when needed to jumpstart their business.

I trust the ethics of Urban and Roger Glenn in that they are putting CMKX in an official position to make all of us prosperous! I believe we are in good hands! Hang tough!

Posted by: zeninvestor32
In reply to: None Date:7/3/2004 4:31:16 PM
Post #of 44849

A FUN POSSIBILITY.

I've actually been a silent proponent of having a halt issued on trading overall anyway until the O/S is properly released. This would IMO prevent further shorting and manipulation. Now, if any of the major brokerages actually do suspend trading on CMKX (all still rumor IMO), this could in effect force the company to issue a halt on trading because the market would not be even-handed considering some could buy and/or sell and others couldn't. If this happened, IMO this would give Urban and Roger the time to properly execute their plan. I don't think we're far away from getting the O/S share count. I'd personally rather see it halted and that number released a week later than to see the continue garbage that we're seeing happen. A halt would until share count is released would mean the shorts are basically dead. Any other news items or bashing would be irrelevant as all would be known once the share count was released and the halt lifted. I'm tellin' ya. This could be history.

Wouldn't it be ironic if all the shorts' efforts to sabotage the TA backfired into a halt until the O/S was released. LOL Stock could re-open at 5 cents. Who knows. LOL

Man I need more popcorn!!!! LOL

Wheeeeeeeeeeeeeeeeeee!!!!

Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.

SOURCE: http://www.investorshub.com/boards/read_msg.asp?message_id=3481970

[This message has been edited by TradingWizard (edited July 03, 2004).]
 

By: pedro20040
03 Jul 2004, 04:11 PM EDT
Msg. 354807 of 355003
(This msg. is a reply to 354784 by chrisl582005.)
Jump to msg. #
Chris

Ameritrade has put a hold on CMKX.
No one can buy, only sell.

Ameritrade has suspended all CMKX trades until Tuesday morning, pending further information has been received.

SOURCE: http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=354807
 

So then I found this:

Posted by: MACH4U
In reply to: None Date:7/3/2004 4:03:10 PM
Post #of 44852

I just talked to an Ameritrade service rep. She told me that my CMKX are in good standing and she shows no halt in trading. I asked here if they ever halt trading while waiting for a share count. She said not to her knowledge.

Source: http://www.investorshub.com/boards/read_msg.asp?message_id=3481871

This is really fun - rumor after rumor and none from the company yet.
 

quote:

---

Originally posted by TradingWizard:
By: Axeman
03 Jul 2004, 03:13 PM EDT
Msg. 418462 of 418471
Jump to msg. #
CHECK IT OUT! Ameritrade NOT TRADING CMKX until OS is confirmed! Just spoke to rep a few minutes ago. Call 1-800-454-9272. They are not allowing CMKX to trade until CMKX OS(valuation) announcement Tuesday Morning!!! AH YA! OS might be PR'd Tuesday morning.

SOURCE: http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB00412&read=418462

---

And you believe this stupid rumor........
Have you see how many trillions of shares are traded all days ?????
The enormous CMKX O/S will hold pps low....
Its so easy to understand like A + B so please stop your ridiculous posts.
 

"Have you see how many trillions of shares are traded all days "

Ummmmm, 'all days'... I mean I know he is foreign and all but come on, you don't make any sense in some posts, then in others.

Can you understand this Euro-trash:

tree hang youself from a you should. almost like Yoda, lol..

Lol The dutch...

-John
 

No Buys/Sells Only / No Buys & No Sells

CMKX / PAYD
.AIUN / DTSNV
.IPLUN / JGMHA
INOV#
TRZA#
MSMC#
IVCO
VXEN
UGMI
SOYOE
GMZC
.AFPUN
GWDL

No Buys/Sells Only - You cannot place buy orders on this security. Only sell orders can be placed.

No Buys & No Sells - You cannot place either buy or sell orders on this security.

**Symbols with the "#" after the symbol cannot be traded online. Please contact your local branch for assistance

this was on my Scottstrade and was posted when the agent changed.

Coach

[This message has been edited by COACHPHILM63 (edited July 04, 2004).]

[This message has been edited by COACHPHILM63 (edited July 04, 2004).]
 

You cannot tell the difference. You are back to square one not knowing if it is NS or new issues being bought.
 

Very nice read,
Happy 4th
Coach
"SemperFi"

[This message has been edited by COACHPHILM63 (edited July 04, 2004).]
 

quote:

---

Originally posted by JBCak47:

Richnessforeveryone managed to divert a number of brain cells to collect words used to express this pile of garbage:

"Have you see how many trillions of shares are traded all days "

Ummmmm, 'all days'... I mean I know he is foreign and all but come on, you don't make any sense in some posts, then in others.

Can you understand this Euro-trash:

tree hang youself from a you should. almost like Yoda, lol..

Lol The dutch...

-John

---

John......you clearly understand what I mean.......

Happy Independance day to all the US citizens
 

Pacific Transfer is no longer working for
CMKM.

I use Ameritrade... tried giving them a call
but they are closed for the holiday.

quote:

---

Originally posted by COACHPHILM63:
Clearing Restrictions
Scottrade has set restrictions on the following securities due to clearing restrictions:

No Buys/Sells Only / No Buys & No Sells

CMKX / PAYD
.AIUN / DTSNV
.IPLUN / JGMHA
INOV#
TRZA#
MSMC#
IVCO
VXEN
UGMI
SOYOE
GMZC
.AFPUN
GWDL

No Buys/Sells Only - You cannot place buy orders on this security. Only sell orders can be placed.

No Buys & No Sells - You cannot place either buy or sell orders on this security.

**Symbols with the "#" after the symbol cannot be traded online. Please contact your local branch for assistance

this was on my Scottstrade and was posted when the agent changed.

Coach

[This message has been edited by COACHPHILM63 (edited July 04, 2004).]

[This message has been edited by COACHPHILM63 (edited July 04, 2004).]

---

Coach this means nothing because Scottrade has been sell only CMKX for a LONG time... you would have to be with a broker that has been trading CMKX to know for sure if trading was halted.

 

I didn't expect you to be out, I figured all the fire works and whistling bottle rockets would have you frantically flying for safer areas...heheh....

Just wanted to drop you a hello

-John
 

Under Penalty of Allstock Laws, Sec. 020. 044

DO NOT FEED THE PIGEONS.

By order of Penal Code sex. 020. 044
Penalty affixed will be $50 worth of Qbid or Cmkx shares. Or two days in an Iraqi Prision.

***************************************

Just kidding SP, I couldn't resist...lol..

-John
 

quote:

---

Originally posted by JBCak47:
Hey Stoned

I didn't expect you to be out, I figured all the fire works and whistling bottle rockets would have you frantically flying for safer areas...heheh....

Just wanted to drop you a hello

-John

---

Colors and trails a win win kinda thing

-John
 

I am still long and strong CMKX. Holding a small postion of FREE shares.

I think it is going to do well.

PAUL

------------------
A soft answer turneth away wrath: but grievous words stir up anger.
 

How positive are we on like a level of zero, being no chance to one hundred being a a sure thing? I know it is just your guess but I am interested to see what you think. I hear and read that we have no transfer agent. This will be interesting,lol...

I got my LAST shares, 400k of them on Friday around 2 or 3 pm, lol, lucky I did that, hehe... 1 million short-term, 235k long!!! Yeah baby!!!

-John
 

I think, in such cases there could be liability. Class action should be very appropriate.
 

I was a bit surprised by the response.

First he is out of the office until the 6th.
(to be expected.)

The killer was the confidentiality notice
that comes with the reply.

I would tell you what I wrote but then
they might have to do us all in... ;-)

His email address can be found at their web site.

just in case CMKX dissapoints you, you can do this:

A million pennies saved, nothing earned
Wednesday, June 30, 2004 Posted: 5:11 PM EDT (2111 GMT)

LOS ANGELES, California (Reuters) -- A California man who collected 1 million pennies for a bet is having a hard time cashing in on his $10,000 fortune.

Ron England has amassed 3.6 tons of copper in his garage in the Los Angeles suburb of Granada Hills after making a bet with his brother 30 years ago that he could collect 1 million pennies.

But neither the U.S. Mint, the U.S. Comptroller of Currency, coin collectors nor the local bank is interested in cashing in his stash -- at least without a charge.

"I've been working seriously for the past two weeks to get rid of these pennies," England, 60, told the Los Angeles Daily News. "It's kind of frustrating. Nobody will take them without charging me."

What's worse. England is still waiting for his brother to honor his side of the bet -- a meal in Paris.

"I don't remember making the wager. Am I still good for it? I'm not going to answer that question," Russ England told the Daily News.

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller

[This message has been edited by TradingWizard (edited July 04, 2004).]
 

LAS VEGAS--(BUSINESS WIRE)--Nov. 27, 2002

Formerly Cyber Mark International Corp. (OTCBB:CMKI)--Chairman Urban Casavant announced today that there are approximately eight (8) acquisitions of which all conclusive there is 1.9 million acres of mining claims which have been secured by CMKI in the world famous kimberlite area in the province of Saskatchewan, Canada, known as Fort a la Corne.

Chairman Casavant stated, "Our mining claims surround the approximate 58,000 acres of Kensington & De Beers. Recently De Beers purchased themselves back private, for a stock purchase price of 17+ Billion USD. It is a well known rumor in the area that De Beers tremendous expense of both time and money to go back private is a solid indication of the tremendous diamond wealth of the Fort a la Corne diamondnifrous kimberlites." Chairman Casavant continued by saying, "We have not assessed the "Real Value" of the 1.9 million acres currently under our control. It is also believed that De Beers may have mines on there smaller parcel valued as much as $40 Billion USD to $80 Billion USD. Although there are no guarantees that the companies mineral yields will produce any such amounts-the likelihood definitely exists."

Chairman Casavant went on to say, "If these projections are even remotely close, which we have reason to believe may very well be the case, then with the massive land coverage we have spent the last several years to tie-up at considerable expense, it only makes a whole lot of sense that the mines which may be discovered on our much larger properties will be a real force to reckon within the world of Diamonds. The Fort a la Corne area could very well be the most important diamond discovery of the century. CMKI has strategically planned more staked acreage than any of it's surrounding competitors."

"With regard to our existing board of directors," Chairman Casavant stated, "Make no mistake, we are currently interviewing worldwide notables to fill the remaining directors positions. In addition, we have commenced with organizing an executive board of directors in an effort to add credence and credibility to the existing board."

Chairman Casavant is also proud to announce the appointment of world renowned economist, Mr. Mike King to the Executive Board. Mike King has written many analyst reports on several different mining companies in Canada, more specifically diamond mining companies, including the famous Mountain Province Mining Company. He is currently in the process of constructing a business plan for our core business, created as a result of all the drilling and excavation to be done.

With the infrastructure already in place i.e. roads, utilities, readily available manpower and other resources necessary for mining the diamonds, our company is fiercely competitive on a year-a-round production basis.

CMKI's geophysist has indicated that the quantity of diamonds in the Fort a la Corne area is expected range from 1.76 to 4.90 carats per ton.

Chairman Casavant further stated, "Upon completion of the business plan our auditors will prepare our proformas and forecast to be announced," and concluded by saying, "Our mining costs and specific drilling sites are confidential, as a measure of security to protect our shareholders interest. We are well aware that our costs are far below that of any of our competitors, therefore one thing for certain is that the potential yield from these mining claims and it's profitability may be very exciting."

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

-------------------------------------------
Kensington et al. plan new mini-bulk tests
2004-06-30 11:54 ET - Street Wire
by Will Purcell

Kensington Resources Ltd. and De Beers Canada Corp. have unveiled plans for their biggest exploration push yet on their Fort a la Corne diamond project in central Saskatchewan. Word of the new program on three key kimberlites comes just a few days after their main rival in the region, Shore Gold Inc., delivered the first set of results from its Star kimberlite. Shore Gold hopes that a richer portion of Star can make the grade, and De Beers and Kensington now plan to zero in on similar zones within their best pipes, through a resumption of their large diameter drilling program. As a result, the Fort a la Corne plays should deliver a steady stream of diamond recoveries over the next year.

The new program, which carries a budget of $6-million over the next year, represents a shift in strategy according to Kensington's new president, Robert McCallum. He termed the move a logical one that would place the emphasis on quickly advancing the project toward a prefeasibility decision, and such a decision would be welcome news to speculators who have been following the play since the late 1980s.

The shift toward examining the richest parts of the mammoth pipes should accomplish Mr. McCallum's goal, although it also diminishes the scope of the project to a significant degree. In the absence of toutable grades, the Fort a la Corne promotion has survived, and occasionally flourished, over the past 16 years due to the huge size of the kimberlite bodies.

There are several hundreds of millions of tonnes of kimberlite in each of the four pipes that have been subjected close looks over the past few years, and that size potential was more than sufficient to support notions of a mammoth prairie diamond mine. The current strategy diminishes the amount of kimberlite under consideration considerably, but it still could be sufficient to support that large mine if things break the right way.

The new plan would require the high-grade sections of the three top pipes to be considered together, but that should not be a problem, due to their close proximity. The No. 148 pipe is roughly three kilometres to the northwest of No. 140/141, while No. 122 lies within 10 kilometres to the northwest of No. 140/141.

Still, coming up with an economic grade and value could be a challenge, as the zones with modelled grades in excess of 0.10 carat per tonne in the new plan account for a fairly small proportion of the kimberlite deemed to be worthy of further testing this year.

Based on the work to date, De Beers has modelled a grade of about 0.16 carat per tonne for the breccia beds within the No. 140/141 kimberlite complex. That is encouraging, as the diamonds in that zone have been calculated to be worth about $115 (U.S.) per carat, which would peg the gross value of the breccia at something close to $19 (U.S.) per tonne.

That would be more than enough to get the market's speculative juices flowing, but the current estimated tonnage for the breccia is just 29 million tonnes. Much of the hope surrounding the Fort a la Corne play involves minimizing the operating costs and the rosiest of estimates have been based on mining rates of up to 60,000 tonnes per day. At such a rate, the breccia beds in No. 140/141 would be exhausted within two years. As a result, additional quantities of economic kimberlite would be required to support a mine with a life of over 10 years.

The No. 122 kimberlite now appears capable of supplying a healthy supply of richer material. The body contains about 45 million tonnes of pyroclastic kimberlite in the upper part of the main southern zone of the 126-hectare body, and that material has been modelled to contain about 0.14 carat of diamonds per tonne. As well, a further 34 million tonnes of pyroclastic material in the lower region of the same zone has a grade that is estimated to be 0.12 carat per tonne.

In all, that would work out to nearly 80 million tonnes of kimberlite that would contain an average grade of about 0.13 carat per tonne, and the material could theoretically sustain a 60,000-tonne-per-day mine for about four more years. Little is known about the value of the diamonds, but there is reason for optimism that the stones will be at least as valuable as those in the richer parts of No. 140/141. A value comparable with the modelled value for No. 140/141 would support a rock value of a bit better than $15 (U.S.) per tonne.

The sample sizes at No. 122 are much smaller than what has come from the No. 140/141 complex, and that results in greater uncertainty about the grade and value of the No. 122 diamonds. As a result, the planned program could result in some significant changes to the modelled values.

Meanwhile, there are two much larger blocks of kimberlite that could also be of economic interest, although the modelled grades are significantly lower than the best of the zones in No. 122 and No. 140/141. Perhaps the region with the best shot of being incorporated into a future prefeasibility study is the coarse megagraded kimberlite beds within the No. 140/141 body, but an even larger zone in No. 148 is apparently worthy of a closer look as well.

The partners have identified about 105 million tonnes of the coarse material in No. 140/141, and De Beers has modelled an average grade of about 0.09 carat per tonne for the zone. The diamond value has been modelled at about $115 (U.S.) per carat, which would support a rock value of just over $10 (U.S.) per tonne, but there is still a considerable amount of uncertainty in that calculation, due to the modest recoveries so far. Additional testing this year should help narrow the uncertainties in grade and value, and an encouraging result could be sufficient to add another five years of life to a large, but still hypothetical, diamond mine.

De Beers and Kensington now estimate that about 156 million tonnes of the main pyroclastic kimberlite zone at No. 148 are worthy of additional testing. The partners have modelled a grade of 0.07 carat per tonne for that material, which would be enough to sustain a 60,000-tonne-per-day mine for about eight more years, if the combination of grade and value produce an economic combination for the rock.

If the diamonds also prove to be a match for those in No. 140/141, the richer kimberlite in No. 148 would have a gross value of about $8 (U.S.) per tonne, and that would make the main zone at No. 148 the longest shot of the four richer zones at this stage. Still, the small sample sizes to date combined with the large amount of kimberlite makes further testing worth the apparent risk.

The major component of the planned 2004 exploration program will be the large diameter drilling program on the three top pipes, but the region in the general vicinity of the bodies will also be examined in the hopes of finding additional high-grade zones in some of the existing finds.

One of those targets seems likely to be the No. 150 pipe, which was also subject to a busy core drilling program last year. The diamond counts from that work are still unavailable, and a subsequent modelling exercise based on those numbers could well identify some additional kimberlite that would be worthy of additional testing. The body is close to the centre of activity, lying a few kilometres to the west of No. 140/141 and a similar distance to the southwest of No. 148.

As well, the partners will be on the prowl for adding to their kimberlite finds over the southern half of their property. In particular, a large gravity anomaly just east of No. 150 appears encouraging, but a number of magnetic and electromagnetic geophysical anomalies are also likely to be tested in a core drilling program.

Shore Gold's bulk sample has also identified what appear to be zones with higher grades within the large Star pipe, about four kilometres to the southeast of No. 140/141. The company recovered 336 carats from nearly 5,000 tonnes of kimberlite with its first batch, which indicated a grade of about 0.07 carat per tonne.

Still, a significant part of the sample managed to deliver a grade of 0.10 carat per tonne, as 1,835 tonnes of kimberlite yielded 182 carats of diamonds. Shore still has high hopes of collecting 3,000 carats from its 25,000-tonne test, the bulk of which should come from its high-grade regions.

As a result of the new program, the coming months should be a busy time for Mr. McCallum, who was appointed to be Kensington's president in mid-May, replacing David Stone, who continues as a director. Mr. McCallum had been a vice-president of exploration for Corona Gold Corp., and he subsequently served as president of Philex Mining Corp. until he retired in 1998. He did not stay retired for long however, as he quickly popped up on the board of Miramar Mining Corp., where he served until retirement called him again in mid-2002.

Mr. McCallum was also the president of Dolphin Explorations Ltd. in the late 1980s and early 1990s. The company had some success promoting its Cape Ray gold play in Newfoundland, until a market downturn took its toll on the resource sector. Mr. McCallum was gone by the time the company was reorganized as American Gem Corp. in 1993, through a 1-for-20 rollback. In any case, he should have an easier time selling the Fort a la Corne story to speculators, due to the busy year planned in the region and Shore's continuing sample.

Kensington's share of the budget will be just over $2.5-million, based upon its 42.25-per-cent share of the project. At the end of March, the company had just over $1.8-million in working capital, but there may not be any great rush to complete a new financing, as the company has a significant number of options and warrants outstanding at prices that are in or near the money.

Kensington shed two pennies on Tuesday, closing at 77 cents.

Source: (if works) http://new.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=B-359902-C:KRT&symbol=KRT&news_region=C&name=Kensington+Resources+Ltd&title=Kensington%20et%20al.%20plan%20new%20mini- bulk%20tests

[This message has been edited by TradingWizard (edited July 04, 2004).]
 

[This message has been edited by highwaychild (edited July 05, 2004).]
 

Here is interesting repost from another site, source is on the bottom of this article.

Topic: Theory of a Tender Offer (Read 322 times)

holyguy7
Diamond Hunter
member is offline
Theory of a Tender Offer
« Thread started on: Today at 12:01am »

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Tender Offer might be in the Works
By Holyguy7

I got to thinking about why CMKX price really has not moved at all for the last month. It spiked up early in June and leveled off at .0004 and .0005. It has stayed at that level now for a few weeks now.

It seems fairly apparent that there is a big short on the stock. The MMs know this. All investors know this. Urban knows this. Roger Glenn knows this.

Interest of the stock has just increased over the past month ever since Roger Glenn got involved. Personally, I would not have touched this stock if Roger Glenn was not involved. I purchased after he got involved because it proved to me that the company was serious about solving their problems.

The MMs know that they have been beaten by now. They know if that they allow people to continue to accumulate shares of stock at these low levels that they would just be creating a bigger problem for them in the future. Why are they not letting the stock move up in price? Why not allow the stock to move up to .0015 and keep it there so that some people would sell off with a good profit and, thus, reduce down there O/S problem that they created by naked shorting?

There is a possibility that the MMs might have struck a deal with CMKX for some kind of a settlement. I remember hearing a rumor a while back (2 weeks ago) that NITE approached Glenn Rogers with some kind of settlement. There is also a rumor that CMKX is getting ready to change to a new CUSIP number.

I think there might be a settlement in the way of somewhere in the neighborhood of .50 per share. There are several advantages to this.

1. The shareholders become wealthy overnight.
2. The shorts immediately get covered.
3. The MMs will only have to pay out in the Billions rather than in the Trillions to cover.

The reason I think that this might be the case is because I believe it might be next to impossible for the shorts to truly cover completely for MANY YEARS. Think about this for a minute. If it is true that there is only 5 Billion (or so) outstanding shares and the naked shorts are close to 400-500 Billion like some suspect then it would take a long time and perhaps they might never completely cover from their shorts.

Why do I say that? Well, I own 62 Million shares. When the share price gets to, say, 50 cents I might sell off 1 Million and keep the rest for later. After all, I don't want to pay Capital Gains Tax on all 62 Million shares in one year do I? Well, others are thinking the same thing as well. *********** has, at last count, over 823 Million shares. Will he sell them all at once? Others have somewhere in between and nobody would probably sell them all at once especially knowing that we more than recouped the cost of our initial investment many times over with only a fraction of our shares. Plus, many of us are going to invest in the future of CMKX because we all know they have the best mineral claims in the world. Why not just ride it on up? Because of this, I don't think the shorts will EVER be able to cover. They know not enough investors are going to sell to get the outstanding shares down to the 5 Billion they need. They will always be short while the price continues to climb higher and higher and higher. Perhaps close to $100 per share. At this point, there is no way they could afford to pay back the shorts. Do you understand what I am saying here?

A more likely scenario is this:

1. We receive the tender off for .50 a share.
2. Price of CMKX is now 50 cents a share mostly paid for by the MMs who are covering their shorts.
3. Urban and Rogers would then do an IPO of a new ticker on the AMEX or NASDAQ allowing the existing CMKX shareholders the right to get in on the new ticker first. Some would then purchase in on the new company, others would take their earnings and retire. It is possible that those CMKXers that buy into the new company may NOT have to pay capital gains tax because they are in essence just converting from one Ticker to another (at say a 10/1 reverse split ratio making the new Ticker then going for $5 a share) and might get spared capital gains tax because it would be like just doing a reverse split with a new ticker.
I don't know enough about corporate law to say if my theory might work. Hey, but I think I know a corporate lawyer that may know . . .

Is this a possibility?

Source: http://cmkx.proboards34.com/index.cgi?board=general&action=display&num=1089003672

[This message has been edited by TradingWizard (edited July 05, 2004).]
 

By: jabberjaw521
05 Jul 2004, 10:08 AM EDT
Msg. 35314 of 35321
(This msg. is a reply to 35285 by alyssa316.)
Jump to msg. #
alyssa316, good find..!! I hope you don't mind if I took it a bit further, below...GLTY...Jab
(Notice bold underlined print)
http://www.altiusminerals.com/JV_projects.asp

Deer Lake Basin Uranium Project
Cameco Corporation, the global leader in the uranium industry, funded the 2003 exploration program on the Rocky Brook uranium-gold-silver property. The property is located within the Deer Lake Basin of western Newfoundland.
The property features unsourced boulders that have returned assays of up to 11.5% U308, 859 o.p.t. silver and 11.8 o.p.t. gold from different boulder samples. Recent geological and geophysical work has identified priority targets that may represent the source deposits for the boulders.

Two key observations have aided the identification of these targets. First, till mapping has identified that ice direction in the vicinity of the boulders are generally from north to south while most prior exploration assumed a south to north direction. Secondly, a positive magnetic signature of the mineralized boulders has been observed. A recently completed, high-resolution airborne magnetic survey has identified shallow magnetic targets in proximity to the high-grade boulder occurrences that are well situated with respect to the new exploration concepts.

The Athabasca Basin in northern Saskatchewan is the world's most important source of uranium. Cameco's McArthur River deposit, while only approximately 400,000 tonnes in size, represents a larger energy resource than all of Canada's conventional oil and gas reserves combined. The extremely high-grade nature of the mineralized boulders at Rocky Brook compares favourably with deposits from the Athabasca Basin of northern Saskatchewan and underscores the potential strategic and economic importance of the property.

A substantial sonic drill program consisting of approximately 80 shallow drill holes was completed in November and was designed to collect both surficial and bedrock samples. Knowledge of the nature and geochemistry of the surficial samples will greatly enhance understanding of the glacial history and assist in locating the potential source of the high-grade boulders. The bedrock samples will provide important information concerning lithologies and alteration zonation as well as potential mineralization. A review of the 2003 drilling results will be released when all the data becomes available expected in early March 2004.

Source: http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=35314
 

Trading scheme puts squeeze on stockholders
Monday, July 05, 2004
BY SUSAN TODD
Star-Ledger Staff
For three rattling days last month, Integrated BioPharma, a sleepy vitamin company in Hillside, had a mystery: Its stock price was plunging, while the number of shares trading whirled to levels six times the norm.

Jamie Levey, who handles the company's investor relations, fielded dozens of calls from curious and frantic shareholders. "Everyone was dismayed to have something like this happen without explanation. It was unnerving," she said.

As it turned out, Integrated BioPharma was the latest small company to be swept up in an alleged international manipulation scheme on one of Germany's obscure stock exchanges.

The scam, dubbed "StockGate" by the financial press, is the latest example of an illegal practice experts claim has cost investors hundreds of billions of dollars. And it's one more thing to rattle investors of risk-prone small-cap stocks.

The first hint Integrated BioPharma had been caught in the international intrigue came when executives were told company shares were being traded without their knowledge on the Berlin Stock Exchange.

"It was a horror certainly for the investors," said Sy Flug, a director at Integrated BioPharma and one of its largest shareholders.

In news releases over the past two months, hundreds of small U.S. companies have claimed to be victims of the scheme, attributing the unauthorized listing of their stocks on the Berlin exchange to naked short sellers, who illegally manipulate shares of thinly capitalized stocks to drive them lower so they profit.

Regular short selling of stocks, which is a bet the share price will fall, is perfectly legal. A short-seller borrows shares from a broker and sells them. Eventually, the seller must buy back the shares and return them to their owner. If their price falls on the open market, the short-seller profits.

In naked short selling, the seller never actually holds the shares and cannot deliver them. The illegal practice sometimes results in more shares being traded than are actually issued, and it can cause panic among legitimate investors once share prices start to fall.

Ordinarily, companies want their stock listed on an exchange in hopes of generating more interest in shares. But these listings may have been carried out only to satisfy naked short sellers.

"I am outraged at the listing on the Berlin Stock Exchange of our common stock and its impact," screamed a June 17 statement from Howard Ullman, chief executive of Florida-based China Direct Trading Corp.

Executives and securities experts believe Germany is the new venue for naked short sellers because the U.S. Securities and Exchange Commission now prohibits the practice. Officials at the Berlin Stock Exchange have denied the allegations, and no one has been charged with any crime.

For their part, U.S. companies said they have no proof of what is actually happening. But early last month, the SEC and National Association of Securities Dealers went to Berlin to investigate complaints.

"The SEC is not disputing that someone is manipulating the stocks," said John Nestor, a spokesman for the agency. "We just passed new rules to make that tougher."

But he said the practice of naked short selling is not concentrated in Berlin.

Flug, the director from Integrated BioPharma, said last week: "There's always a possibility there's something else going on, but from everything we know, there's not much doubt it's all tied to" naked short selling.

Seth Taube, a former SEC prosecutor and head of securities litigation at Baker Botts, a law firm in New York, said the interaction of modern technology and traditional securities practices has allowed naked short selling to flourish.

"Berlin is merely the latest source of naked short sellers," he said. "It's a place where stocks can get listed without permission. It becomes a perfect source for naked short selling activities."

Integrated BioPharma found that out the hard way.

The company, which employs 90 people, makes and markets nutritional supplements, including its own mail order brand of Vitamin Factory products. It also supplies pharmaceutical companies with paclitaxel, a vital ingredient in many cancer drugs. The company lost $1.24 million in the most recent quarter.

Its roller coaster ride began on June 22, when 41,300 shares changed hands on the American Stock Exchange, slightly above its daily average of 40,000 shares. Two days later, its trading reached avalanche-like proportions, with 264,600 shares trading -- more than six times the normal volume.

Meanwhile, its stock dropped $4.15, or 35 percent, to $8.50 a share. That represented a loss of $43.9 million in market value.

"We weren't sure what was going on," said Eric Friedman, Integrated BioPharma's chief financial officer.

One of his shareholders ultimately did.

Once Friedman was notified of a listing in Berlin by the shareholder, he contacted the American Stock Exchange, where the stock trades. After meetings with their own attorneys and conversations with the SEC, the company -- like dozens of others -- has demanded to be delisted in Berlin. Some of the first companies who made a similar demand were delisted.

A spokeswoman for the American Stock Exchange declined to comment, saying policy prohibits her from discussing regulatory investigations.

Petra Greif, a spokeswoman for the Berlin Stock Exchange, declined to comment, referring a call to a statement posted on the exchange's Web site.

In that statement, exchange officials said they examined the prices and trades of companies that had complained about possible illegal short selling.

"In some cases, the investigations revealed that stocks were either not yet introduced to trading on the Berlin Stock Exchange or that there was no trading activity at all during the relevant period," the statement said. "There is no conspiracy to circumvent short selling rules," the statement said.

Friedman, Integrated's chief financial officer, said he didn't know anything of the situation in Berlin before he got swept up in it.

"I'm not sure we'll ever know exactly who's involved," he said.

Things at the company have returned to normal. On Friday, for example, its stock gained a penny to $8.25. Just 26,100 shares were traded.

"We're not terribly concerned with the value coming back. We know it will come back," said Flug, the board member. "There's no question in our mind, we'll put this behind us."
Susan Todd can be reached at stodd@starledger.com or (973) 392-4125.
Source: http://www.nj.com/news/ledger/index.ssf?/base/news-16/108901265249070.xml

[This message has been edited by TradingWizard (edited July 05, 2004).]
 

quote:

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Originally posted by TradingWizard:
Three major players have something in Fort a la Corne, maybe CMKX will have something soon! Enjoy reading.

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I tell you something, your way of thinking is much more advanced than my is when it comes to dreaming. I own just as many shares as you do and I would love nothing more than you being right but, there is no way on earth that this stock is ever going to hit .50 cents at least not in my lifetime.

A more realistic goal is more like .01 maybe .02 max. JMO
 

Sterling has a post on uranium mining in the area.

Here is a map to gold mining NE of our claims. Notice the Seabee mine is NE of La
Ronge and our claims stop just south of La Ronge.
http://www.explorationgis.com/LR_goldbelt.html

Seem to be only 60 KM away from our claims.
 

quote:

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Originally posted by RaiderJR:
Another site on magnetic surveys.
http://www.digistar.mb.ca/minsci/finding/magnetic.htm

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Notice this from the site.

Some geophysicists propose the use of the magnetometer to detect gold placer deposits, because of their common association with black sands largely consisting of the mineral magnetite.

Seems aerial surveys can detect gold placer chemicals and thus can help find gold.

 

Other interesting post numbers (once you click on the above link, use the below numbers to read other links that I filtered out for you): 35275, 35274, 35246, 35231,
35223, 35193, 35168, 35162, 35156, 35144, 35137, 35118, 35106, 35083, 35074

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'Alone we can do so little; together we can do so much.' - Helen Keller
 

By Allison Kaplan
Knight Ridder Newspapers
June 25, 2004

Diamonds are not just a girl's best friend, as king of bling Sean "P. Diddy" Combs likes to say.

He's right. Men are in the throes of a love affair with jewelry. Blame it on athletes like Kevin Garnett, whose favorite diamond earrings are hefty enough to make J. Lo drool. Or how about Prince? Ever the innovator, he has been sporting an ear cuff adorned with sparklers.

"They are definitely a growing sector of the market," says Helena Krodel, spokeswoman for the Jewelry Information Center.

Says Helain Pesis, owner of Continental Diamond in St. Paul, Minn: "Men are buying themselves rings, bracelets, pendants, just because they like the looks of it."

The average guy is taking an understated approach, however. It starts with a signature watch, like a Rolex or trendy Ebel. Since Oprah added the chunky Philip Stein Teslar watch to her list of "favorite things," men have been as wild for the piece as women, Pesis says. Even some noncelebrity males are opting for a diamond-encrusted $2,000 model.

The next step is usually a bracelet -- something rugged, like stainless steel. Or maybe a chain. Titanium is the hot new metal. It's lightweight and much cheaper than platinum, and manufacturers are pushing it for the male market.

Cuff links, a more traditional option, are also enjoying a revival.

Source: http://www.indystar.com/articles/7/157464-7447-047.html

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'Alone we can do so little; together we can do so much.' - Helen Keller
 

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I found this on another board-- posted by mater.

Everyone should read this and make sure it's on all the other CMKX boards!

We are all to blame. We are becoming as evil to this company as the MM’s are. There are thousands of people trying to get information before the company has released it so we have something to speculate on this stupid message board.

Uraban has a plan, and he is following this plan by the letter. We CAN NOT RUSH THIS PLAN, we need to sit back and be patient. We need to let the information roll in to our laps.

Couple days ago Joel got the information from the T/A that the O/S was X amount. Melvin heard this, had to follow up, a little peeved I might add, and said sit back and wait for a PR from the company. What Joel has reviled is not true.

We as shareholders ran with this. Caused all sorts of commotion, hundreds of other people called the T/A, so many that they ended up putting a recording on their phone. This in itself is very sad.

I can not believe that us shareholders have taken this information, put it out in the publics hands, before Urban had wanted us too and have given this information to the MM’s. We gave this information to the exact people that the company and lawyers were keeping this information from. Then someone comes out and said they talked with, whoever, from the T/A, who was in his car, and said the float was Y. Again, this is information we are giving to the enemy. BEFORE THE COMPANY WANTS TO.

Why would we do this? Because we continually beg and plead for this information. We want this stock to move. We all know that this company is undervalued. We all know that this stock is not performing as it should. But sometimes the information that is being put up on these boards is information that the MM’s should not have. And we give it to them. Yes this information we received may not be true.

Now CMKM has fired this T/A that we were so proud to have on our team. Call it a hunch, but I don’t think this was in Urbans plan.

We have all heard about on Sept 6th things are really going to get big.

Do you think that what we have done has put a stick in the spokes? I do.
Are we going to make this Sept 6th deadline? Maybe.
Are we causing extra work for the company now? I think so.
Do you think that this information that we have found out was to get into the MM’s hands? Absolutely not!
Did we care? No.

We have fired the T/A because….

A. They gave out this information and they shouldn’t have. Of course we know that. And it was all true.
B. They gave out this information and they shouldn’t have. Of course we know that. And it was NOT true

We do own shares in this company, yes it is part our company.
Are we proud of this company?
Do we want this to be the biggest company ever?
Do we want the share price to be more then we can ever imagine?

Yes we do! But we need to sit back and let Urban and E&A run our company. Let Urban and E&A tell us what we need to know, when we need to know it. When we found out what lab our core samples were in, they had hundreds of calls. When we found out who our Attorney was, they had hundreds of calls. When we found out who our T/A was, they had hundreds of calls. When Joel said the T/A told him X was the O/S. They had thousands of calls.

We are causing damage to this company. We are feeding the MM’s the information they are not supposed to know. Please people, lets calm down and wait till Sept 6th. We need to let Urban and E&A run our company.

Source: http://cmkxcafe.proboards34.com/index.cgi?board=cat&action=display&num=1088736824
 

[This message has been edited by richnessforeveryone (edited July 05, 2004).]
 

quote:

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Originally posted by TradingWizard:
May be we got uranium too.

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Yes for sure.....We found too green man....lol
 

[This message has been edited by richnessforeveryone (edited July 05, 2004).]
 

quote:

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Originally posted by richnessforeveryone:
Yes for sure.....We found too green man....lol

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Please don't waste my or your time, if you don't want to read you are free to go - I am not really in the mood to argue. Because I post it, does not mean I believe in it. Others comments are strongly welcome to what I posted, but if you want to start the war, then go away. Some DD I did this weekend is just for reading only and one can interpret in any way they want. LOL

I don't even know why I am replying to your message, you lost my credibility a long time ago, like few others on this board.
 

quote:

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Originally posted by TradingWizard:
Please don't waste my or your time, if you don't want to read you are free to go - I am not really in the mood to argue. Because I post it, does not mean I believe in it. Others comments are strongly welcome to what I posted, but if you want to start the war, then go away. Some DD I did this weekend is just for reading only and one can interpret in any way they want. LOL

I don't even know why I am replying to your message, you lost my credibility a long time ago, like few others on this board.

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I will only open your eyes......perhaps I'm wrong but too many things come together here if you analyse this more closely.
Your DD's don't interest me like they are only based on rumors and on other posts from other message boards (other dreamers for me) not on facts so you lost my credibility a long time ago .....don't be afraid I will no post again like I can nothing learn here.....so the war was short but I'm sure I'm was the winner...lol

[This message has been edited by richnessforeveryone (edited July 05, 2004).]
 

Never trust the peeps from the Netherlands, with their Shiza fetishes..lol..

'Green men too' what about of Garbarg, Euro-trash...

You euro's need to take some showers and shave your women while you are at it

-John (Totally not PC today)

It is a credibility issue now.

Next, if the aerial survey shows hundreds of magnetic, non-magnetic, or elements for Gold speculation then we have the initial facts necessary to place a reasonable hope in future success.

It is true we have no real mining value yet, but keep in mind we are on the ground floor of the process, if you want to wait for the mine to start to produce then prices will have gone to a premium. You have a viable producer but your ability to make great money is diminished. If you want to wait til it is producing you can live off the dividends, but will not become rich off the stock.

So ask yourself this question, "if you were looking for a company in its beginning stages to make great money, would you pick a company who has completed a successful drill and has hundreds more to drill?

Based upon the facts of the survey, the current pps, the future possibilities, CMKX is the perfect speculative stock buy.
 

May God Bless All.
 

Well this is what I get for doing some DD. ....welcome.

Holding strong, not selling and not buying.
 

quote:

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Originally posted by Bam Bam 17:
CMKX has there owne transfer company.
http://sos.state.nv.us/corp_nme.asp?corpnum=X2004174840

May God Bless All.

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Hi Bam Bam 17, can they do this, I view this as conflict of interest.
 

Koch could kick Debeers all over Canada.

Plus it is in Kansas so they are local to me.

Hope that is true, if it is we are in good hands with backing all the way to the President GWB himself.

Also, as a transfer agent we could have revenue from doing others books.
 

May God Bless All.

quote:

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Originally posted by TradingWizard:
Hi Bam Bam 17, can they do this, I view this as conflict of interest.

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'Alone we can do so little; together we can do so much.' - Helen Keller
 

quote:

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Originally posted by Bam Bam 17:
With Glen behined CMKX I think they can. I would love to see ((.))V((.))the MM face.

May God Bless All.

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Thanks Patiently waiting for good news.
 

Peace.
 

quote:

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Originally posted by TradingWizard:
baseballmaster if this is what you think let it be, I know what I want, what I think, what I do, and I also do not blame any body - just giving insights on the stock - you must be reading it wrong somewhere to write such statements, and get off my back I really have no time for arguments.
thanks trading wizard,bits and pieces of info always help. sometimes a good read helps you to get a handle on all the speculation. as stated in your initial post this was for us poor stiffs working today.i have always believed that any investor should follow with his OWN dd rather than bust somebodies chops for posting whayever they find...2mil plus and holding long.thanks rivercity
Well this is what I get for doing some DD. ....welcome.

Holding strong, not selling and not buying.

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quote:

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Originally posted by rivercity:

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quote:

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Originally posted by TradingWizard:
baseballmaster if this is what you think let it be, I know what I want, what I think, what I do, and I also do not blame any body - just giving insights on the stock - you must be reading it wrong somewhere to write such statements, and get off my back I really have no time for arguments.

Well this is what I get for doing some DD. ....welcome.

Holding strong, not selling and not buying.

---

Oh god.....when we will discuss the negative side of CMKX than Wiz tell us
I really have no time for arguments ......ok boy than stop to pump this stock.......we want to read facts here for go again on board....no real facts,no more money from us...capito ?????

 

quote:

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Originally posted by RaiderJR:
Sterlings classroom says agent behind CMKX could be KOCH industries. The name showed up on a form. If so this is tied to big big huge backing. Bigger than huge.

Koch could kick Debeers all over Canada.

Plus it is in Kansas so they are local to me.

Hope that is true, if it is we are in good hands with backing all the way to the President GWB himself.

Also, as a transfer agent we could have revenue from doing others books.

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Again Sterling with is statements.....where he found this info....in a coffee cup.....can someone give us Koch's phone for verify.....I guess they have never ear about CMKX....
 

Dave
 

quote:

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Originally posted by TradingWizard:
Why are you back....do you have a bad day or something!
Stay in Lux please, or visit Belgium since you around the corner, or take English classes, do what ever you want...and don't come back here

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Like I told ...you have never time for speak about the negative side of CMKX....oh thanks for the Belgium tip.....nice people, nice country....come here for visit you will meet alot of good guys.....
Koch industries phone please ?????
How about french , german classes my friend ????

[This message has been edited by richnessforeveryone (edited July 05, 2004).]
 

One of the people on the Desert Transfer Company has a last name Koch but he has been traced already.

The poster on the board said the Law firm was put in contact with CMKX by Koch. Again I don't know where he got it.

It would be very important if true.
 

How would they handle it. Would this mean it was in the works prior to the change of TA's?
 

quote:

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Originally posted by richnessforeveryone:
Like I told ...you have never time for speak about the negative side of CMKX....oh thanks for the Belgium tip.....nice people, nice country....come here for visit you will meet alot of good guys.....
Koch industries phone please ?????
How about french , german classes my friend ????

[This message has been edited by richnessforeveryone (edited July 05, 2004).]

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Richness, I thought you weren't going to post here anymore, as you stated above.

 

All he did was post the companies without proving they were scams. I used to work for the president of Colortyme TV and he had businesses I think he even forgot he had.

It isn't uncommon to see such people with several ventures. He has to show more to make this a scam.

If it is I appreciate him telling me, but he hasn't shown me anything that proves it.

Long and strong til furthur notice.
 

Dr. Of Diamonds

member is offline

Posts: 116
Re: The Casvant Manuever forges on
« Reply #3 on: Today at 3:55pm »

--------------------------------------------------------------------------------
on Today at 2:42pm, Canuck wrote:Maybe because no other TA was willing to take him on as a client.

Logged

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"Words are potent weapons for all causes, good or bad."




Canuck
Dr. Of Diamonds

member is offline

Posts: 194




 

UC's company as Transfer Agent would be the worse thing there could be for shareholders.
There would be no checks or balances. It could permit untold amounts of misleading information. It is not done by reputable companies. It is not allowed by Exchanges. It would, unquestionably, be a
CONFLICT OF INTEREST!! If that happens, get out FAST! Get out even if you think it will happen.

[This message has been edited by Wallace#1 (edited July 05, 2004).]
 

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'Alone we can do so little; together we can do so much.' - Helen Keller
 

quote:

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Originally posted by Wallace#1:
Debi,

UC's company as Transfer Agent would be the worse thing there could be for shareholders.
There would be no checks or balances. It could permit untold amounts of misleading information. It is not done by reputable companies. It is not allowed by Exchanges. It would, unquestionably, be a
CONFLICT OF INTEREST!! If that happens, get out FAST! Get out even if you think it will happen.

[This message has been edited by Wallace#1 (edited July 05, 2004).]

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This would only be true if you think UC is a very dishonest person and trying to fool all of us. I'm with you Debi, I'm a beleiver and feel it is in our best interest that he is his own TA. Why are you so angry Wallace? You don't even own this stock!! Please don't tell me you are attempting to look out for all the investors that might be involved in the biggest scam in Pink history. Well big W, I'm on the other side of the fence and have true confidence and trust in UC and what he is doing with this Co. yes he has made mistakes in the past, but haven't we all made them at one time or another.
 

See other people are smarter than you give them credit for Wallace... Look at the facts:

1. YOU HOLD ZERO SHARES
2. YOU BASH/POST NEGITIVE EVERYDAY FOR WEEKS
3. A NORMAL PERSON WOULD SELL OR JUST NOT TALK ABOUT A STOCK THEY HATED SO MUCH...

You are shady because day in, day out, you post your opinions on a stock you hate and down't own... Yeah okay, you make perfect sense.. People said that about qbid...

$100 at .0001 =1,000,000 at the high of .028
=$28,000.00 hmmmmmmmmmmmmmmmm....

-John
 

quote:

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Originally posted by Az...Cats:
This would only be true if you think UC is a very dishonest person and trying to fool all of us. I'm with you Debi, I'm a beleiver and feel it is in our best interest that he is his own TA. Why are you so angry Wallace? You don't even own this stock!! Please don't tell me you are attempting to look out for all the investors that might be involved in the biggest scam in Pink history. Well big W, I'm on the other side of the fence and have true confidence and trust in UC and what he is doing with this Co. yes he has made mistakes in the past, but haven't we all made them at one time or another.

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What makes you trust him? Because you say so?
Thats some solid DD work their chief.
 

JUST POSTED BY RICHARD:

"What makes you trust him? Because you say so?
Thats some solid DD work their chief."

Yet you want others to TAKE YOUR WORD on what it is YOU claim to know... Isn't that exactly what you just said not to do??? Hmmmmm.... anyone else find anything odd with his statement?

-John
 

quote:

---

Originally posted by r:

What makes you trust him?

---

1.4 mill. acers of min. rights would be a start.
 

quote:

---

Originally posted by JBCak47:
******************

JUST POSTED BY RICHARD:

"What makes you trust him? Because you say so?
Thats some solid DD work their chief."

Yet you want others to TAKE YOUR WORD on what it is YOU claim to know... Isn't that exactly what you just said not to do??? Hmmmmm.... anyone else find anything odd with his statement?

-John

---

Definitely!
 

Listen, I may come off like an as shole at times, well thats because I can be one at times. But I just see Wallace and his posts bashing, bashing everyday. Dude get a life or go find a hole and some vasaline.....

I mean why the hard on for attacking this stock? Seriously... any normal human being would not talk about it or just go on to find another promising stock. I mean, you can be missing out on a mother load stock because Wallace, you are to busy posting bashing crap. Yes, keep bashing and wasting your time. I am in, so if it pops, guess what happens. If not, who cares, I am 23, and my hundreds would have went up in smoke, drinking or on women. So in this case, CMKX to you Beatch (in Dave Chappell's voice)...

By the way, Douche is on sale, I suggest you go use it...
 

quote:

---

Originally posted by JBCak47:
Booty, since when do you agree with a 'paid pumper' ?

Listen, I may come off like an as shole at times, well thats because I can be one at times. But I just see Wallace and his posts bashing, bashing everyday. Dude get a life or go find a hole and some vasaline.....

I mean why the hard on for attacking this stock? Seriously... any normal human being would not talk about it or just go on to find another promising stock. I mean, you can be missing out on a mother load stock because Wallace, you are to busy posting bashing crap. Yes, keep bashing and wasting your time. I am in, so if it pops, guess what happens. If not, who cares, I am 23, and my hundreds would have went up in smoke, drinking or on women. So in this case, CMKX to you Beatch (in Dave Chappell's voice)...

By the way, Douche is on sale, I suggest you go use it...

---

I've never agreed with the basher morons on this board. My response was to your question below:

"Hmmmmm.... anyone else find anything odd with his statement?"

And I said 'Definitely'. Okay, my friend?

[This message has been edited by Booty Quest (edited July 05, 2004).]
 

But I mean come on, daily for weeks... wtf is that about? Slim Shady goes by a new name, Wallace... that name itself annoys me.

-John
 

You must try to learn SOMETHING. I know that CUNY is not much of a college (if that is what you want to call it), that you have not grown up and that you have very little or no experience. TRY...maybe you will be able to enlighten some of your CMKX supporters. I can name each and every one of those "pumpers".

JB, I have noticed you seem to have a limited vocabulary...similar to others.

[This message has been edited by Wallace#1 (edited July 05, 2004).]

[This message has been edited by Wallace#1 (edited July 05, 2004).]
 

[This message has been edited by Booty Quest (edited July 05, 2004).]
 

quote:

---

Originally posted by JBCak47:
******************

JUST POSTED BY RICHARD:

"What makes you trust him? Because you say so?
Thats some solid DD work their chief."

Yet you want others to TAKE YOUR WORD on what it is YOU claim to know... Isn't that exactly what you just said not to do??? Hmmmmm.... anyone else find anything odd with his statement?

-John

---

Are you retarded? Everything I've written is on file and documented

and for that matter do you live here 24x7 I see you posts here all day and night long

you must have no friends and $$$$ muhahahah
 

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
 

Seems a worm farm used him as acting agent of inc in the State of Nevada.

How that can be tied to him being a criminal is beyond me. His name was simply on the piece of paper.

The complaint was for not filing with the State of Kentucky, it was probably an internet or flier business where they felt no need to register with Kentucky.

The contract said all litigation would be persuant to Oklahoma law but Kentucky brought the suit anyway.

I think the thesis Devereaux is a criminal is pretty lame. I dont think it ever went to court or that he was convicted of anything.
 

May God Bless All.
 

You are correct in your post, that the bashers, whatever their motives (MM's, Short Sellers, Competitors..etc), failed yet again. All they are doing is bringing more exposure to this opportunity. Their weak attempts are easily dismissed such as tonight, and it seems more positive momentum in the stock price results.

Just to add to your post, the lawsuit you referred to (which was their feeble attempt...I'm still laughing - man they are desperate) was a civil lawsuit, and not a criminal case, against a wormfarm company. There is no relevance to CMKX and it's current business plan involving their current mineral claim.

noah explained fully the circumstances behind the suit in the other thread. People with less than honest motives trying to bash, libel, and lie about a company, are so easily revealed. This was no exception.

The filing of an in house T/A on 7-1-04 in the State of Nevada is interesting, and am looking forward to the results of this process. Be well, Bo
 

Current Price: $0.0001
Estimated Outstanding Shares: 37,000,000,000

Casavant Mining Kimberlite International (CMKM.PK)

Saturday, February 21, 2004
Diamond driller targets Weirdale
BARRY GLASS/Daily Herald

A small company has made big plans for diamond exploration work in the Prince Albert region this year. Casavant Mining Kimberlite International (CMKM.PK) recently announced it purchased its own drill rig and received financing to get started.

The company holds mineral claims to more than 1.4 million acres in the province in an area stretching from north of Candle Lake down to St. Louis.

“We anticipate to start drilling up by Weirdale,” said company president Urban Casavant.Weirdale is 58 kilometres northeast of Prince Albert and close to the Fort à la Corne claims of other companies drilling for diamonds.

Casavant Mining’s drilling program should begin within a month or so. “It’s going to be an aggressive program,” said Casavant. “We figure if we have no problems we can drill a hole a week.”

He wants to drill several properties over the next two years at a cost of about $10 million. The company announced Friday a longtime individual investor in the company has put in $1.8 million US with a pledge of another $3.2 million US upon completion of a feasibility study and core sampling results. Casavant Mining is a Las Vegas-based company publicly traded in the over-the-counter securities markets.

Being located in the United States gives the company access to the money needed for its planned drilling, said the president. He said once people know how much work is involved in diamond exploration; they understand what it takes to get a mine into production. “It takes money and money and money and a little bit of luck,” he said.

The company also has interests in property near Green Lake, 180 kilometres northwest of Prince Albert. Casavant Mining will use an outside contractor for drilling in that area so its own rig can stay in the Fort à la Corne region. Casavant said he’s happy to be at this stage. “I’ve been at this prospecting and claiming land for about 15 years now,” said the self-taught prospector. “So I’ve been chasing this for a long time, and it’s finally all going to come together.”

The company is involved with many other companies in joint ventures in the area, he said, adding it also hopes to do aerial survey work in the near future.

About Casavant Mining Kimberlite International

Casavant Mining Kimberlite International Inc (CMKM.PK). is a new company involved in the exploration for diamonds in the Canadian province of Saskatchewan.

Exploration is being aggressively pursued within the Fort á la Corne area in central Saskatchewan, where the company holds mineral claims to more than 1.4 million acres.

WHY DIAMONDS IN SASKATCHEWAN ?

1) One of the largest known kimberlite clusters in the world.

2) De Beers (The largest Diamond Company in the World) in joint ventures with Kensington Resources and Shore Gold; are actively mining for Diamonds in Fort a la Corne and there has been a recent discovery of a 10 carat plus diamond. At 10.23 carats, the stone is by far the biggest to ever come out of the prairie belt project, officially kicking of the mad diamond rush.

3) 130 of the 2000 kimberlite pipes known worldwide are macro-diamond bearing. 23 of these are located in the Fort a la Corne district of Saskatchewan.

4) 80% of Saskatchewans' kimberlite pipes are diamondiferous.

5) 50% contain diamonds over one millimeter in size.

6) A high percentage of diamonds recovered are clear, inclusion-free and exhibit good crystal form.

7) Pipes said to have erupted under inland sea and therefore have not been exposed to weathering or glaciation.

8) Pipes lie within 300 feet of surface.

9) Area accessible by paved all-weather road, with water and power readily available.

10) Studies indicate cash operating costs of $10.50 per tonne, including overburden removal.

11) Saskatchewan government encourages mining in the province.

For the Latest Press Releases please visit: http://www.casavantmining.com/news.html

Investment Opportunity:

Casavant Mining (CMKM.OB) was created last year through the transformation of Cyber Mark International, and it has been quite colorful since it took up the pursuit of diamonds. The company is listed on the mighty pinks in the United States, and at last report there were billions of shares outstanding. As a result, the stock is a trader's dream with a share price that has been lingering near one-100ths of a U.S. cent, but which occasionally has spiked upwards, offering the enticement of a quick triple, or better. Casavant Mining has been retiring billions of its outstanding shares of late -- more than 13 billion at last count. Some of the Casavant claims are within 10 kilometres of Shore Gold's Star kimberlite and Kensington's No. 141 pipe, both to the west and east.

As well, some of the claims are within five kilometres to the west of Kensington's No. 150 and No. 122 pipes, which apparently remain priority pipes for the joint venture, and other claims appear to lie within the northwesterly trending lines of kimberlite finds in the region. As a result, a drill program on the Casavant ground could stir up some speculative notice, especially if Shore and Kensington can come up with toutable results from their key projects in the coming months. If or when CMKM hits pay dirt and finds Diamonds wont you be glad you own a few million shares?




 

Urban Casavant, president of Casavant Mining Kimberlite International, announced that the payable date for the 2-1 forward stock split will be Sept. 29.

That means all shareholders with CMKM stock through the Sept. 12 close of the market, will receive one additional share for every one they hold and be paid extra shares by Sept. 29.

In addition, the board of directors approved the spin-out of the corporate zinc deposits at George Lake, Saskatchewan, its wholly owned subsidiary Casavant Mining International Inc. CMKM shareholders of record through the Sept. 19 market close will receive a CMI share for every one of CMKM they hold through that date, payable Oct. 3.

Officials said the spin-out will enable CMKM to concentrate on diamond exploration and development at Forte a la Corne, Saskatchewan.

If shareholders sell their stock before Sept. 12 or 19, they will forfeit their rights to receive dividends for the stock split or CMI stock.
http://www.rgj.com/news/stories/html/2003/08/24/50127.php?sp1=rgj&sp2=Business&sp3=Business
 

24/7 there is hundreds of people talking about cmkx. I am very excited.