This is topic CMKX IV New Thread....GOT IT - HOLDIN' IT in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


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Posted by noahltl on :
 
The DIVIDEND is a turning point for CMKX. The next week will be extremely busy on the thread, so I thought we should start a new one. Most of the DD on the old one will be useless now, and new information will be extremely important as we surge ahead. CMKX - What a great stock.

July 18, 2004 04:47 AM US Eastern Timezone

CMKM Diamonds, Inc. Announces Dividend to Shareholders of Record Date and Option Agreement

DENVER--(BUSINESS WIRE)--July 18, 2004--CMKM Diamonds, Inc. (Pink Sheets:CMKX) is pleased to have reached a purchase agreement with U.S. Canadian Minerals, Inc. (OTC BB:UCAD) to which U.S. Canadian Minerals Inc. will be purchasing 5% of all mineral claims held by CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004.

In addition, UCAD has a 1 year option agreement to purchase an additional 10% interest of all mineral claims held by CMKM Diamonds, Inc. for a total of $15 million U.S. dollars payable to CMKM Diamonds, Inc. Mr. Rendall Williams, CEO for UCAD, stated: "Having the opportunity to have worked with the management of CMKM Diamonds, Inc. on the Carolyn Pipe and on the Goldak Airborne surveys, we are looking to move aggressively forward in building shareholder value for both companies."

Urban Casavant, CEO CMKM Diamonds, Inc., stated: "We are looking to move forward as a team in order to create a winning formula for success of bothe companies as well as their shareholders!" More details will be released in future news releases.

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.

CMKM Diamonds, Inc. Announces Joint Venture Option Agreement With United Carina Resources Corp. and Consolidated Pine Channel Gold Corp.
3/22/2004 9:30:00 AM
LAS VEGAS, Mar 22, 2004 (BUSINESS WIRE) -- CMKM Diamonds, Inc.(Pink Sheets:CMKX) announces option agreement with United Carina Resources Corp.(UCA) CDNX and Consolidated Pine Channel Gold Corp. (KPG) CDNX. CMKM Diamonds Inc. shall acquire 25% interest of twenty-seven (27) mineral claims, which comprise of approx. 22,447 acres and are located in the province of Saskatchewan, Canada named the Smeaton Property by the optionor. The property is located in central Saskatchewan north of Fort a la Corne and situated within the boundaries of NTS 73-H-07. The grant of option shall be made in consideration of the total payment of $50,000 U.S. and CMKM Diamonds, Inc. shall become operator of the property, shall spend or cause to be spent, an aggregate of $200,000 Cdn. on a program of exploration and development work on the property, on or before March 31, 2005. United Carina Resources Corp. shall retain 25% interest and Consolidated Pine Channel Gold Corp. will also retain 25% interest of the twenty-seven (27) mineral claims total, with the remainder 25% interest optioned out to another party.

There is no guarantee that further exploration or drilling will produce any economic benefit to the Company or the shareholders of the Company.

This Press Release contains "forward-looking" statements as that term is defined by Section 27A of the Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act"). All statements that are included in this Press Release other than statements of historical fact are "forward-looking" statements. Although Management believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward-looking statements contained in this Press Release.

SOURCE: CMKM Diamonds, Inc.

Diamonds Hotline
Melvin O'Neil, 306-752-3755 or 877-752-3755
ipr@sasktel.net

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

U.S. Canadian Minerals Announces Option
3/29/2004 11:40:00 AM
LAS VEGAS, Mar 29, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals Inc. ( UCAD ) today announced that it has signed an Option Agreement with United Carina Resources Corp. ( UCA ), Consolidated Pine Channel Gold Corp. ( KPG ), and CMKM Diamonds Inc. (Pink Sheets: CMKX).

U.S. Canadian Minerals has the right to acquire an option to purchase a 25% interest in 27 mineral claims, which are comprised of approximately 22,447 acres. These claims are located in the province of Saskatchewan, Canada and were named the Smeaton Property by the optionor. The property is located in central Saskatchewan north of Fort a la Corne and situated within the boundaries of NTS 73-H-07. The grant of option shall be made in consideration of the total payment of $50,000USD. U.S. Canadian must spend or cause to be spent, an aggregate of $200,000 Cdn. on a program of exploration and development work on the property, on or before March 31, 2005 to complete the purchase. United Carina Resources Corp. shall retain 25% interest; Consolidated Pine Channel Gold Corp. will also retain 25%, and CMKM Diamonds will retain the remainder 25% interest.

There is no guarantee that further exploration or drilling will produce any economic benefit to the company or the shareholders of the company.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.

Company Web site: www.uscanadian.net

SOURCE: U.S. Canadian Minerals, Inc.

U.S. Canadian Minerals Inc., Las Vegas
R. Williams, 702-990-3672

[This message has been edited by noahltl (edited July 18, 2004).]
 


Posted by noahltl on :
 
Well, the PR looks like a return "salvo" at the MM's. They have until August 20 to either come up with UCAD shares @ $3.40 pps, or buy back enough shares from us to cover their naked position. Chances are good, that they'll try to buy our shares.

DON'T SELL

The bashers will be here, remindinding you of the last run and drop, and trying to convince you to sell. They'll have "fatherly" advice, that you should sell enough to get your free shares.

DON'T SELL

There will be conspiracy theories galore.

DON'T SELL

As a matter of fact, if you can "GET CMKX", get more, and

DON'T SELL
 


Posted by bill1352 on :
 
i agree noah i wish i had more cash to buy with had figured on sending in more cash at the end of the month...nothing to sell because it would be at a huge loss and we still have no sure thing here just a more then likely
 
Posted by noahltl on :
 
Posted by: Casprs1
In reply to: None Date:7/18/2004 10:27:35 AM
Post #of 54973

Dividend math.... can this be correct?

500B O/S = .00005
50B O/S = .0005
5B O/S = .005

This would mean that if you hold 10M shares you would receive:

500B O/S = $500
50B O/S = $5000
5B O/S = $50000

I arrived at this by taking $25M dividend and splitting it up between all O/S.

Comments?



 


Posted by Money_Penny on :
 
How many MMs do you think are going to church this morning for the first time? hehehe
 
Posted by noahltl on :
 
UCAD O/S is 55,644,000 EOM!


 


Posted by noahltl on :
 
This is certainly not the last PR. Much more to come. This dividend deal with UCAD was not what E & A was brought on board for. Urban could have done this one on his own.
 
Posted by Money_Penny on :
 
quote:
Originally posted by noahltl:
This is certainly not the last PR. Much more to come. This dividend deal with UCAD was not what E & A was brought on board for. Urban could have done this one on his own.

Especially, since I noticed a misspelled word on it!!!


 


Posted by will on :
 
Let's eat this elephant one bite at a time.
We know there is a dividend, how much it's worth hinges on the O/S, plus the revelation of naked shorts will have an impact on the PPS. I think those two things are enough to chew on and speculate about now.

quote:
Originally posted by noahltl:
This is certainly not the last PR. Much more to come. This dividend deal with UCAD was not what E & A was brought on board for. Urban could have done this one on his own.


 


Posted by noahltl on :
 
U.S. CANADIAN MINERALS, INC.
STATEMENT OF STOCKHOLDERS' EQUITY
FOR THE MONTHS ENDED MARCH 31, 2004
(UNAUDITED)

Accumulated
Preferred A Series Preferred B Series Common Stock Additional Deficit During Total
------------------- ------------------- -------------------- Paid-In Development Stockholders'
Shares Amount Shares Amount Shares Amount Capital Stage Equity
--------- --------- --------- --------- ---------- --------- ----------- ------------- ------------
Balance at December 31, 2003 112,500 $ 113 140,000 $ 140 445,149 $ 445 $13,809,140 $(15,016,484) $(1,206,646)

Issuance of preferred stock
in satisfaction of
Company liabilities 10,000 10 -- -- -- -- 156,406 -- 156,416

Issuance of common stock
in satisfaction of
Company liabilities -- -- -- -- 13,209 13 323,599 -- 323,612

Issuance of common
stock for services,
weighted average price
of $4.81 -- -- -- -- 691,720 692 3,324,960 -- 3,325,652

Conversion of preferred
A series stock into
common stock (104,600) (105) -- -- 1,460,000 1,460 (1,355) -- --

Issuance of common stock
related to joint
venture agreement with
Nevada Minerals, Inc. -- -- -- -- 5,000,000 5,000 6,895,000 -- 6,900,000

Net loss -- -- -- -- -- -- -- (3,328,978) (3,328,978)
--------- --------- --------- --------- ---------- --------- ----------- ------------- ------------

Balance at March 31, 2004 17,900 $ 18 140,000 $ 140 7,610,078 $ 7,610 $24,507,750 $(18,345,462) $ 6,170,056
========= ========= ========= ========= ========== ========= =========== ============= ============

http://old.edgarpro.com/edgar_conv_html/2004/05/21/0001019687-04-001152.html#FIS_BALANCE_SHEET



 


Posted by bill1352 on :
 
will....i guess then we agree...you are right about the set value as in what would someone pay today but i also think that ucad got a bargin basement price because they are already a part of the rights and i also think UC and Roger were looking for a way to deal with the naked shorting...if you look at this its a easy cheap way to firce the mm's to cover it gives them a chance to cover without a huge hit to the stock market as a whole because the last thing our economy needs is a big stock market scandel (though that may still happen because of other stocks), it may give the pps a big lift and it puts a few bucks in every stockholders pocket all for 5% of our claims...if it is naked shorted by a large amount i think the pps will end up much more then 5% higher

 
Posted by will on :
 
bill,
I would be shocked if UCAD didn't get a most favorable deal, and I would also be shocked if UCAD doesn't have Urban's fingerprints all over it. I would think the next company that comes along looking to purchase claims will see that the price of poker has gone up.
 
Posted by bill1352 on :
 
ya...like debeers...i've always had an idea in the back of my mind and that article about jr mining companies sort of agreed with my idea that UC has no real plan to carry this to the finish. i think at some point a yr or 2 in the future he will sell off his stake to debeers or a large mining co. but thats just my opinion
 
Posted by bill1352 on :
 
but to do that he has to have the controling interest in this stock which means the float may not be over 200 billion if the rumor of a 400 billion o/s is true
 
Posted by will on :
 
The dividend gets divided ampungst the O/S not the float, correct?
quote:
Originally posted by bill1352:
but to do that he has to have the controling interest in this stock which means the float may not be over 200 billion if the rumor of a 400 billion o/s is true


 


Posted by RobinO on :
 
quote:
Originally posted by noahltl:
Most of the DD on the old one will be useless now, and new information will be extremely important as we surge ahead. CMKX - What a great stock.

New information? These PRs are from March. Did I miss something...

-R


 


Posted by bill1352 on :
 
will i think that is right it would apply to the o/s not the a/s as some share may not have been issued just approved to possibly be issued...also if this becomes a fully reporting company am i correct in that any insider shares become restricted and thus also not part of the float?
 
Posted by will on :
 
Sounds good to me. My point was though that the dividend is distributed to all O/S even Urban's.
quote:
Originally posted by bill1352:
will i think that is right it would apply to the o/s not the a/s as some share may not have been issued just approved to possibly be issued...also if this becomes a fully reporting company am i correct in that any insider shares become restricted and thus also not part of the float?


 


Posted by bill1352 on :
 
as to what part of the claims ucad gets i dont think its a i pick these acres and you get those...i'm in the prossess of merging with another company right now and the percenage split is based on the final total of all profits not we get the profits from these jobs and you get the profits from those jobs...all 4 companies split the 100% total by the % they have rights too
 
Posted by bill1352 on :
 
yep i think thats correct will
 
Posted by noahltl on :
 

From another board
jcglobal657
18 Jul 2004, 12:25 PM EDT
Msg. 44666 of 44668
Jump to msg. #
In praise of the management.
Do you all see what has happened here in the last couple of weeks?
Big buying yet price does not go up.
This goes on for weeks.
Then thurs / friday of last week we see a more normal trading pattern. (guess is that significant sohrts covering. big dogs finishing up eating).
PR, national exposure.
Price moves up.
PR over the weekend.
There is no pinkie that issues PR's like CMKX IMHO.
Short, to the point, factual, not pump garbage like you see with most of the pinks.
Folks, this is not just a happensatnce.
There is a well thought out professional plan here and we are in the middle of it.
This company is going places.

Someday somebody will write up a case study on this baby and it will go int Biz school text books.

(boy, that Joel juy must be kinking himdelf in the head about now huh?)

Good luck all, God Bless and fasten your seatbelts.

All above is my opinion and must be viewed as such.



 


Posted by noahltl on :
 
CMKX unofficial board re-opened.
 
Posted by Str8Shooter on :
 

There are two major questions that stick out in my mind now are:

#1. Who decides what 5% of the claims that UCAD in going to get? Do they get the pick the location that they want, and will they take the biggest hot spots. Or will CMKX be able to tell them which portion is theirs?

#2. What will UC do with the funds he now has available to him? Will this go towards his portion of the claims and the ultimate goal of finding and mining diamonds. Or will he continue to waste it on these race cars?

In any case, things are looking up again. I'm sure it will take Wallace a day or two to think of a way to put a negative spin on this news. But we all know he will find a way. He's allowed to though, its a free country.

Thanks to all, and Good Luck!!!



 


Posted by noahltl on :
 
Shareholder Speculation of the effect of the PR last night....

Stockholder
CMKX O/S Shares UCAD (2) / (1) CMKX Last Quote Our Diviend
In Exchange Position UCAD


100,000,000,000 7,500,000 0.000075 10,000,000 3.40 2,550
50,000,000,000 7,500,000 0.000150 10,000,000 3.40 5,100
2,500,000,000 7,500,000 0.003000 10,000,000 3.40 102,000
1,000,000,000 7,500,000 0.007500 10,000,000 3.40 255,000
500,000,000 7,500,000 0.015000 10,000,000 3.40 510,000
400,000,000 7,500,000 0.018750 10,000,000 3.40 637,500
300,000,000 7,500,000 0.025000 10,000,000 3.40 850,000
200,000,000 7,500,000 0.037500 10,000,000 3.40 1,275,000
100,000,000 7,500,000 0.075000 10,000,000 3.40 2,550,000


This is based on current prices.
UCAD could have a higer price depending on : the impact of last Friday claim when mkt opens on Monday, and UCAD can
face a short Squeeze also, price could move even higher.

2 means UCAD shares in Exchange ... 1 means Cmkx O/s


 


Posted by noahltl on :
 

Sorry, I couldn't get the columns to line up right on above post. To view the possibilities depending on OS please go to:
http://dallas-texas.net/StockTalkDonations/stockholder.htm
 
Posted by noahltl on :
 
From another board:

Read your original and replies...remember gang if there has been naked shorting...well the MMs are going to run wild over the next few days to cover by 20 August...men and ladies come the morning bell the clock is ticking...key here is don't SELL under any condition...we now have an old fashion case of supply and demand...MM need shares...we have them...make them name our price...we should have a nice picture one way or another because "the first bomb has been dropped"...after the meeting Wednesday in LV there might be other bombs dropped...I call this up coming week the "Restitution Week for MMs..." So be cool and watch the board as most old timers say and ask questions newtimers and don't do anything rash...we're all wearing the same uniform now of "green money"...Great News...lol for everyone...



 


Posted by tahoechris on :
 
Don't sell, but don't sell for yourselves. The mms wont be able to pick up enough shares from us, but hold for your own gain!
 
Posted by noahltl on :
 
New CMKX-treme site is up:
http://cmkx.digitalearthmedia.com/
 
Posted by flashovertx on :
 
Does anyone else see the similar relationship with these two websites??
http://www.uscanadian.net/
http://cmkx.digitalearthmedia.com/


 


Posted by finky4x2 on :
 
From Dr. D
« Thread started on: Today at 1:36pm »

-------------------------------------------------------------------------------- http://cmkxdiamonds.********s28.com/index.cgi?board=rumors&action=display&num=1090172409

This is a very well thought out move by Urban and D. Roger Glenn. The announcements in this PR show us who we have guiding this company and that they know how to get things done in the order they need to get done in. Many wondered about the R/S that UCAD had at 125 to 1 in January 2004, but it could be that Urban’s plan was already in action. UCAD and CMKM Diamonds have been side by side next door neighbors in Vegas for a while. Let me mention two important events about UCAD.
UCAD notes =

1. As of May 18, 2004, the issuer had 7,770,745 shares of common stock issued and outstanding.
(The closing value Friday is $3.40 per share) http://www.pinksheets.com/quote/quote.jsp?symbol=UCAD

2. COMMON STOCK - In January 2004, the Company approved a 125-to-1 reverse stock split of its common stock. Accordingly, the accompanying financial statements have been retroactively adjusted from inception.
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001019687%2D04%2D001152%2Etxt&FilePath=%5C2004%5C05%5C21%5C&CoName=U+S+CANADIAN+MINERALS+INC&FormType=10QSB&RcvdDate=5%2F2 1%2F2004&pdf=

Now lets take into consideration our latest PR in CMKX. We will look at it in two segments.
-----------------------------------------------------------------------------------------------------------
DENVER, Jul 18, 2004 (BUSINESS WIRE) --

CMKM Diamonds, Inc. (Pink Sheets:CMKX) is pleased to have reached a purchase agreement with U.S. Canadian Minerals, Inc. (OTC BB:UCAD) to which U.S. Canadian Minerals Inc. will be purchasing 5% of all mineral claims held by CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004.

In addition, UCAD has a 1 year option agreement to purchase an additional 10% interest of all mineral claims held by CMKM Diamonds, Inc. for a total of $15 million U.S. dollars payable to CMKM Diamonds, Inc.
--------------------------------------------------------------------------------------------
Lets see if we can get some understanding out of this thing.
1. We have reached a purchase agreement with UCAD. – This says that we have reached an agreement to purchase 7.5 million shares of UCAD for 5% of all claims held by CMKM Diamonds (CMKX). The 5% of all claims doesn’t necessarily mean we are selling and giving up any claims in particular but rather that UCAD now has 5% interest in all of our CMKX claims in totem. This is pretty well thought out because we now have about 49% of the O/S in UCAD and giving this 5% claims agreement is like paying ourselves.

Too, one of the grand parts of this is that UCAD only has about an 7.7 million O/S as of May 18, 2004 and you add another 7.5 million for CMKX and that makes it 13.2 million O/S. Not only does CMKX have 49% of UCAD but the float on an O/S of 13.2 million has to be in the thousands or 100’s of thousands. What does that mean?

That means that with the statement that came out in the PR showing CMKX’s intentions of giving these shares to the shareholders then that puts a squeeze on the market makers and brokerage firms that have naked short sold CMKX like they can’t imagine. How is that?

Lets say there are only 1 million naked short sells (although it is likely to be in the 100’s of billions) with a float of 100,000 for UCAD. The market makers and or brokerage firms will have to pay to the naked short positions any share dividend CMKX gives to their shareholders. Quite frankly they can’t do that.

The volume for UCAD in the last 6 months could be summarized like this:
1. Only 4 days of trading volume over 100 thousand
2. Only 9 total days of trading volume over 50 thousand
3. Only 12 total days of trading volume over 25 thousand
4. All of the other days of trading volume were in low thousands to only hundreds
Thus showing a potential short float of possibly 10 thousand or less.

Therefore in my opinion it would be impossible for the market makers and brokerage firms to cover the naked short shares with UCAD shares meaning they will have to COMPLETELY COVER ALL NAKED SHORT SELLS to CMKX or be exposed for all to see.

The MM’s do have another option of actually trying to buy UCAD shares at $3.40 plus per share to cover the naked short positions they would owe in share dividend to CMKXers, but we all know that isn’t going to happen.
In my absolutely humble opinion, the MM’s and brokerage firms will be scrambling to cover Monday morning and I see no way out of it at this time.

What does that mean? Depending on the total naked short sell position and any CMKXers that are crazy enough to want to sell. The short squeeze is on. The fewer that are ready to sell the higher the PPS will have to go to make the pay off for investors worth the sell. How high can it go? Depending on the number of actual Naked short sells that have to be covered and the strength of investors to hold out for more. If we do have a huge naked short position against the MM’s say in the neighborhood of 100 billion (est by many to be 1 trillion) then the float for CMKX is all the MM’s can use to cover their positions. We are the float and if we don’t sell then the PPS has to keep climbing until the float increases to the point of the MM’s paying out there 100 billion or more naked short sell positions to CMKXers.

Don’t be surprised if the PPS doesn’t jump early Monday or at all Monday! Why? Because the MM’s are going to try and disguise the fact that they are in a pickle with a naked short sell position. If they open very high to try and get the shares then others will see the dilemma is real and will begin holding out for more.

In my opinion I look for the MM’s to lay back like nothing is wrong and try and keep the PPS down as to discourage investors into believing there is no naked short position or gap up in price coming and thus deceiving them into selling. Don’t think that many won’t be fooled by this because they will.

Don’t be deceived by anything the MM’s do over the next few days. This maneuver by Urban and D. Roger Glenn is intentional, well thought out, and brilliant. Whatever you do, if you can, hold, hold, hold!

The record date of 20 Aug 2004 is just as ingenious for the MM’s now have an absolute deadline before them and all issues with naked short sold securities have to be settled by this date or else. Every one. This gives them room to cover without backing them into a corner where they can’t get out. We are not interested in killing off MM’s only putting a limp in their stride and hopefully teaching them a lesson they will never forget.

The additional comments on this first section of the PR:
“In addition, UCAD has a 1 year option agreement to purchase an additional 10% interest of all mineral claims held by CMKM Diamonds, Inc. for a total of $15 million U.S. dollars payable to CMKM Diamonds, Inc.”

This is a guaranteed wave 2 on the MM’s or anyone else that tries to hold out through the deadline. This can be exercised anytime during this set year such as on 21 Aug 2004 if the MM’s manage somehow to miraculously slip through the first deadline. Some see 10% at $15 million when the first 5% was at a net worth of 25.5 million as discouraging. That is silly. We, as CMKXers, will have 49% of the O/S of UCAD and it would be taking from the left hand to pay the right hand.

This second option on hand for another round of kicking MM and brokerage firm butt is not intended to diminish neither the long term possibilities of CMKX nor our new dividend investments in UCAD. It is what it is: A GUARANTEED ROUND 2 and then 3 and 4 if the MM’s or anyone else wants it. We all know they don’t.


Mr. Rendall Williams, CEO for UCAD, stated: "Having the opportunity to have worked with the management of CMKM Diamonds, Inc. on the Carolyn Pipe and on the Goldak Airborne surveys, we are looking to move aggressively forward in building shareholder value for both companies."

Urban Casavant, CEO CMKM Diamonds, Inc., stated: "We are looking to move forward as a team in order to create a winning formula for success of both companies as well as their shareholders!" More details will be released in future news releases.

This is another phase of the 1 - 2 punch. The key words here by Mr. Williams are “we are looking to move aggressively forward” and “in building shareholder value for both companies.” And Urbans key words are “We are looking to move forward as a team” and “in order to create a winning formula for success of both companies as well as share holders”.

We now have an incredible partner in getting the MM’s off our back and keeping the MM’s off our back. The aggressive forwardness shows that all delays are behind us and both agree the time is now to move forward with establishing sound value for both companies. Urban carries the shareholders a little closer than Mr. Williams did by calling us a “team” and thus co-creators of a winning formula for company and share holders.

This answers one of the question’s I posted early this morning about the How and When. This is only the beginning of this thing so don’t get antsy and sell. We still have incredible variables in play that can increase this soon to come boost exponentially. We all knew the naked short sell position would have to be dealt with before any true share structure and PR’s could be released with any significance so we can experience full impact of the great news ahead.

I will reiterate what I have said in the past that:

“This is not the end, this is not even the beginning of the end, but it is perhaps the end of the beginning.” Dr.D

I have to run. More thoughts will come later.

Success to all!

Dr.D

 


Posted by HarryHar on :
 
Straight Shooter

IMO, think about when the market opens Monday. With this PR out, think about which way our PPS is heading. With the new price valuations of our stock, it is exciting for us that hold...anticipating a nice increase in PPS for the next month. Without publicity, who's gonna be buying these shares from the shareholders to keep that price climbing? It's not gonna be bought up by us that are already in this from the get go. It will be bought up by new investors that are just finding out about the company and wanting in! These people will never have known the .0001-.0004 days. The investors that are going to buy our .0012 and .005 shares will most likely be the car fans that have just recently learned about CMKX amongst some of us that are still buying at that point. Urban knew that at each step of the increase in PPS, it was extremely important to have a good demand on the stock so as to support its gradual price increase. With new investors, it helps to form a base more easily. When the stock is .001, they will think that is cheap for a company like CMKX. Just like we thought .0001 was cheap when most of us bought in.

Urban did the right thing by sponsoring cars/trucks/races. This is just proves that he is smarter than most give him credit for. Without this publicity and new public interest, the price of our stocks will only go as high as people are willing to pay for it. And no one can buy it if no one knows about it! Sponsoring the races may be the best thing Urban has ever done for the shareholders next to working out the dividend. He is creating a market that will support our pps going up up up!
 


Posted by noahltl on :
 
Here's DR D's take on the new developments

This is a very well thought out move by Urban and D. Roger Glenn. The announcements in this PR show us who we have guiding this company and that they know how to get things done in the order they need to get done in. Many wondered about the R/S that UCAD had at 125 to 1 in January 2004, but it could be that Urban’s plan was already in action. UCAD and CMKM Diamonds have been side by side next door neighbors in Vegas for a while. Let me mention two important events about UCAD.
UCAD notes =

1. As of May 18, 2004, the issuer had 7,770,745 shares of common stock issued and outstanding.
(The closing value Friday is $3.40 per share) http://www.pinksheets.com/quote/quote.jsp?symbol=UCAD

2. COMMON STOCK - In January 2004, the Company approved a 125-to-1 reverse stock split of its common stock. Accordingly, the accompanying financial statements have been retroactively adjusted from inception.
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001019687%2D04%2D001152%2Etxt&FilePath=%5C2004%5C05%5C21%5C&CoName=U+S+CANADIAN+MINERALS+INC&FormType=10QSB&RcvdDate=5%2F2 1%2F2004&pdf=

Now lets take into consideration our latest PR in CMKX. We will look at it in two segments.
-----------------------------------------------------------------------------------------------------------
DENVER, Jul 18, 2004 (BUSINESS WIRE) --

CMKM Diamonds, Inc. (Pink Sheets:CMKX) is pleased to have reached a purchase agreement with U.S. Canadian Minerals, Inc. (OTC BB:UCAD) to which U.S. Canadian Minerals Inc. will be purchasing 5% of all mineral claims held by CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004.

In addition, UCAD has a 1 year option agreement to purchase an additional 10% interest of all mineral claims held by CMKM Diamonds, Inc. for a total of $15 million U.S. dollars payable to CMKM Diamonds, Inc.
--------------------------------------------------------------------------------------------
Lets see if we can get some understanding out of this thing.
1. We have reached a purchase agreement with UCAD. – This says that we have reached an agreement to purchase 7.5 million shares of UCAD for 5% of all claims held by CMKM Diamonds (CMKX). The 5% of all claims doesn’t necessarily mean we are selling and giving up any claims in particular but rather that UCAD now has 5% interest in all of our CMKX claims in totem. This is pretty well thought out because we now have about 49% of the O/S in UCAD and giving this 5% claims agreement is like paying ourselves.

Too, one of the grand parts of this is that UCAD only has about an 7.7 million O/S as of May 18, 2004 and you add another 7.5 million for CMKX and that makes it 13.2 million O/S. Not only does CMKX have 49% of UCAD but the float on an O/S of 13.2 million has to be in the thousands or 100’s of thousands. What does that mean?

That means that with the statement that came out in the PR showing CMKX’s intentions of giving these shares to the shareholders then that puts a squeeze on the market makers and brokerage firms that have naked short sold CMKX like they can’t imagine. How is that?

Lets say there are only 1 million naked short sells (although it is likely to be in the 100’s of billions) with a float of 100,000 for UCAD. The market makers and or brokerage firms will have to pay to the naked short positions any share dividend CMKX gives to their shareholders. Quite frankly they can’t do that.

The volume for UCAD in the last 6 months could be summarized like this:
1. Only 4 days of trading volume over 100 thousand
2. Only 9 total days of trading volume over 50 thousand
3. Only 12 total days of trading volume over 25 thousand
4. All of the other days of trading volume were in low thousands to only hundreds
Thus showing a potential short float of possibly 10 thousand or less.

Therefore in my opinion it would be impossible for the market makers and brokerage firms to cover the naked short shares with UCAD shares meaning they will have to COMPLETELY COVER ALL NAKED SHORT SELLS to CMKX or be exposed for all to see.

The MM’s do have another option of actually trying to buy UCAD shares at $3.40 plus per share to cover the naked short positions they would owe in share dividend to CMKXers, but we all know that isn’t going to happen.
In my absolutely humble opinion, the MM’s and brokerage firms will be scrambling to cover Monday morning and I see no way out of it at this time.

What does that mean? Depending on the total naked short sell position and any CMKXers that are crazy enough to want to sell. The short squeeze is on. The fewer that are ready to sell the higher the PPS will have to go to make the pay off for investors worth the sell. How high can it go? Depending on the number of actual Naked short sells that have to be covered and the strength of investors to hold out for more. If we do have a huge naked short position against the MM’s say in the neighborhood of 100 billion (est by many to be 1 trillion) then the float for CMKX is all the MM’s can use to cover their positions. We are the float and if we don’t sell then the PPS has to keep climbing until the float increases to the point of the MM’s paying out there 100 billion or more naked short sell positions to CMKXers.

Don’t be surprised if the PPS doesn’t jump early Monday or at all Monday! Why? Because the MM’s are going to try and disguise the fact that they are in a pickle with a naked short sell position. If they open very high to try and get the shares then others will see the dilemma is real and will begin holding out for more.

In my opinion I look for the MM’s to lay back like nothing is wrong and try and keep the PPS down as to discourage investors into believing there is no naked short position or gap up in price coming and thus deceiving them into selling. Don’t think that many won’t be fooled by this because they will.

Don’t be deceived by anything the MM’s do over the next few days. This maneuver by Urban and D. Roger Glenn is intentional, well thought out, and brilliant. Whatever you do, if you can, hold, hold, hold!

The record date of 20 Aug 2004 is just as ingenious for the MM’s now have an absolute deadline before them and all issues with naked short sold securities have to be settled by this date or else. Every one. This gives them room to cover without backing them into a corner where they can’t get out. We are not interested in killing off MM’s only putting a limp in their stride and hopefully teaching them a lesson they will never forget.

The additional comments on this first section of the PR:
“In addition, UCAD has a 1 year option agreement to purchase an additional 10% interest of all mineral claims held by CMKM Diamonds, Inc. for a total of $15 million U.S. dollars payable to CMKM Diamonds, Inc.”

This is a guaranteed wave 2 on the MM’s or anyone else that tries to hold out through the deadline. This can be exercised anytime during this set year such as on 21 Aug 2004 if the MM’s manage somehow to miraculously slip through the first deadline. Some see 10% at $15 million when the first 5% was at a net worth of 25.5 million as discouraging. That is silly. We, as CMKXers, will have 49% of the O/S of UCAD and it would be taking from the left hand to pay the right hand.

This second option on hand for another round of kicking MM and brokerage firm butt is not intended to diminish neither the long term possibilities of CMKX nor our new dividend investments in UCAD. It is what it is: A GUARANTEED ROUND 2 and then 3 and 4 if the MM’s or anyone else wants it. We all know they don’t.


Mr. Rendall Williams, CEO for UCAD, stated: "Having the opportunity to have worked with the management of CMKM Diamonds, Inc. on the Carolyn Pipe and on the Goldak Airborne surveys, we are looking to move aggressively forward in building shareholder value for both companies."

Urban Casavant, CEO CMKM Diamonds, Inc., stated: "We are looking to move forward as a team in order to create a winning formula for success of both companies as well as their shareholders!" More details will be released in future news releases.

This is another phase of the 1 - 2 punch. The key words here by Mr. Williams are “we are looking to move aggressively forward” and “in building shareholder value for both companies.” And Urbans key words are “We are looking to move forward as a team” and “in order to create a winning formula for success of both companies as well as share holders”.

We now have an incredible partner in getting the MM’s off our back and keeping the MM’s off our back. The aggressive forwardness shows that all delays are behind us and both agree the time is now to move forward with establishing sound value for both companies. Urban carries the shareholders a little closer than Mr. Williams did by calling us a “team” and thus co-creators of a winning formula for company and share holders.

This answers one of the question’s I posted early this morning about the How and When. This is only the beginning of this thing so don’t get antsy and sell. We still have incredible variables in play that can increase this soon to come boost exponentially. We all knew the naked short sell position would have to be dealt with before any true share structure and PR’s could be released with any significance so we can experience full impact of the great news ahead.

I will reiterate what I have said in the past that:

“This is not the end, this is not even the beginning of the end, but it is perhaps the end of the beginning.” Dr.D

I have to run. More thoughts will come later.

Success to all!

Dr.D

 


Posted by noahltl on :
 
Interesting theory from another board:

Pheenix11

The final piece to the puzzle?
« Thread started on: Today at 2:05pm »

--------------------------------------------------------------------------------
I'm sure some of you remember a rumor of UC saying something at a race to the effect that no buyout of shareholders would be necessary because most shareholders would be out by .61.

What if the final piece to destroy the MM's is that UC plans on exerting enormous buying pressure in the next month?

If he has some extra money from selling claims or private investors, he could buy a ton of stock, thus forcing the MM's into a double squeeze as they have to raise the price to not only get us to sell to cover the short shares but also to cover the huge buy orders coming in from UC himself?

Any shares that are sold would effectively be going right thru the hands of the MM's and into UC's hands. That could create a situation where they have to raise the bid monumentally just to get more sells than buys.

Once UC owns every single share, the dividend from UCAD effetively goes to him. All the shareholders are out (by .61). UC owns all of CMKX & most of UCAD (isn't there float only about 7.7 million anyways?).

He could then sell his 7.5 million shares of UCAD & get back the money he spent buying up all the shares, or retire CMKX & make UCAD is prime business.



 


Posted by VNGNTN1 on :
 
Dividends are paid to A/S Unissued shares are retained by corporate entity. UC shares as well as other insiders are not the same as company. This money is used to conduct business. I doubt there are any not issued.
I also doubt this cost CMKX one dime. If they hold all shares it is an internal transaction(a piece of paper changes hands for 7.5m IN 5% all claims contract out)and the MM current obligation $25.5m / 1t shr(assumed)=.0255 (a number very close to big board average of 22:1 pe)
VAN

[This message has been edited by VNGNTN1 (edited July 18, 2004).]

[This message has been edited by VNGNTN1 (edited July 18, 2004).]

[This message has been edited by VNGNTN1 (edited July 18, 2004).]
 


Posted by HarryHar on :
 
DO NOT SELL DO NOT SELL DO NOT SELL!!!

Should we start a thread that says do not sell CMKX?
 


Posted by will on :
 
Please, no more threads. It's difficult enough following 2 of them. There is no reason for more than one, it lets information fall through the cracks. Everyone will sell at a price they feel comfortable with anyway.
My sells are set already.
quote:
Originally posted by HarryHar:
DO NOT SELL DO NOT SELL DO NOT SELL!!!

Should we start a thread that says do not sell CMKX?



 


Posted by noahltl on :
 
Do we really want to know the OS, right away. Post from another board.


The closer to 20 Aug that UC waits to release OS, the higher the MMs will have to push the PPS to limit the number of UCAD shares they'll have to purchase. Given the UCAD OS, there is a max CMKX PPS they'll be willing to pay versus buying UCAD for CMKX shareholders. This also doesn't take into account the legal liability the MMs face by illegally shorting our stock.

 


Posted by VNGNTN1 on :
 
I am watching the opening signal on UCAD Monday. There will be a message there.
= = = =
NOAH
There is a mathmatical formula we should be able to apply to ratio of UCAD & CMKX that reflects how high CMKX will go ? Need some help with logic.
= = = =
VAN

[This message has been edited by VNGNTN1 (edited July 18, 2004).]

[This message has been edited by VNGNTN1 (edited July 18, 2004).]
 


Posted by will on :
 
"This also doesn't take into account the legal liability the MMs face by illegally shorting our stock."
What legal liability? No one is enforcing the law / rules. The reason this situation exists is because they are allowed to do it, there is no checks and balances right now. They short every stock that has news, and it plummets, there are no consequences, the SEC enables these pricks.
 
Posted by VNGNTN1 on :
 
WILL
What about a Civil suit ? We do have an attorney now ? Maybe its fix it before 8/20 or else?
VAN

[This message has been edited by VNGNTN1 (edited July 18, 2004).]
 


Posted by noahltl on :
 
Green Baron UPDATE, $$$$$$$$$!!!!!!
July 18th, 2004

Stock to Watch Update

CMKM Diamonds, Inc. [ CMKX ]

Last Tuesday, July 13th The Green Baron profiled CMKX as a "Stock to Watch". We strongly advised everyone to place CMKX on radar screens and to watch for new developments in the days ahead. We also stated we would send a representative of Evergreen Marketing, Inc. to Denver, Colorado to meet personally with the Chief Executive Officer and other interested parties in order to collect and confirm information.

We are pleased to announce that our representative was able to meet with CEO Urban Casavant and that we found the meetings both insightful and informative. Our representative was successful in securing a verbal agreement for a Green Baron CEO Webcast with Urban Casavant in the very near future. Evergreen Marketing will be submitting a list of questions for the webcast to CMKX legal counsel for approval.

In last week's "Stock to Watch" alert, we stated that, "One rumor of particular interest involves a...tender offer or dividend in the works". Although we used this as an example to demonstrate the potential upside in the stock, today, Sunday July 18th, CMKX seemed to confirm the company is heading in that direction by releasing the following announcement:

CMKX Diamonds, Inc Announces Dividend to Shareholders of Record Date and Option Agreement.

DENVER --(BUSINESS WIRE)--July 18, 2004--CMKM Diamonds Inc. (Pink Sheets:CMKX) is pleased to have reached a purchase agreement with U.S. Canadian Minerals, Inc. will be purchasing 5% of all mineral claims held by CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004. Read Full Story

This week we recommend to Green Baron members monitoring CMKX to watch for additional announcements by CMKX, Level II trends [particularly JEFF] and our broadcast date for CMKX's Green Baron CEO Webcast with Urban Casavant. All Green Baron CEO webcasts can be accessed by utilizing the "CEO Webcast" links on our website.

The Green Baron will continue to conduct our due diligence on all aspects of CMKX and to keep our members informed as events unfold and additional information becomes available. We would also like to inform our members that Evergreen Marketing, Inc. [parent company of The Green Baron Investors Society] will most likely increase our holdings of CMKX in the days ahead. Since events for CMKM Diamonds, Inc. may unfold quickly in the days ahead, we urge our members to monitor developments closely, watch for future Green Baron Reports with CMKX Updates and Alerts, as well as to visit our website www.TheGreenBaron.com daily for important updates.


 


Posted by shadow on :
 
Some very good points have been made regarding this PR.

1.) On or before the 20th of August we will all
know what the o/s count is based on the number of shares we are each issued of UCAD.

2.) The number of shares of UCAD per one
million shares of CMKX (assuming 400B o/s)
is 18.75.

7.5M/400B = 0.00001875 UCAD shares per CMKX shares
1,000,000 CMKX shares = 18.75 UCAD Shares
18.75 UCAD shares = $63.75 in today's dollars

3.) If the O/S is less than 400B then we
are all in much better shape...

The value per share (assuming 400B o/s)
is $510M/400B = .001275 roughly 3x
where the pps is currently.

(all of this is using worst case senario
numbers.)

4.) As Van pointed out the Book value has
essentially also been established. If 5%
of "all" claims as stated in the PR is being
purchased for $25.5M then the intrinsic value
can be assumed to be $510M.

This is not to say that the company is not
worth more. This is the value based on the
value placed on the claims sold.

Unfortunately we cannot put a P/E of 10 or 20 on the value at this point because we
do not have any earnings. IMHO


5.) As of May 18th 2004 UCAD had 7.7 Million
common shares outstanding. Initially this
might mean something but eventually this
can be diluted with the issuance of more shares...


UCAD has 100M a/s with a reverse 125:1
which occurred at the beginning of the
year...


 


Posted by noahltl on :
 
quote:
Originally posted by VNGNTN1:
I am watching the opening signal on UCAD Monday. There will be a message there.
= = = =
NOAH
There is a mathmatical formula we should be able to apply to ratio of UCAD & CMKX that reflects how high CMKX will go ? Need some help with logic.
= = = =
VAN

[This message has been edited by VNGNTN1 (edited July 18, 2004).]

[This message has been edited by VNGNTN1 (edited July 18, 2004).]



Van, I'm not sure what equation you are looking for. How high CMKX will go is relative only to supply and demand.

If you're looking for an evaluation equation, it would seem that UCAD believes that 5% of CMKX mineral rights equals 7.5 million shares of UCAD @ $3.40 per share.

That equation would be:

If "x" equals UCAD evaluation of CMKX then:

.05x = 7,500,000 times $3.40 ($25,500,000)
X = $510,000,000 (UCAD's evaluation of CMKX)

Of course we won't know share value until we know the OS.

Don't know if that's what you're looking for or not.



 


Posted by RaiderJR on :
 
Remember that would be a wholesale type value, what UCAD would pay for the right to make much more money.

CMKX claims would therefore be worth much more.
 


Posted by WorkAHolic on :
 
Does this mean that someone may want my 5mil shares at .50? I have a wedding I have to save up for. Maybe I should take that order down. Any advice? I'm easy.
 
Posted by Highwaychild on :
 
(W) Tommy Johnson Jr. (Skoal Racing Monte Carlo)0.076 5.136 295.14
(L) Jeff Arend (CMKX-treme Firebird) 0.049 8.743 101.26

Arend loses traction by 150 feet and clicks it off. Tommy Johnson Jr. with a good looking pass in the heat of the day. He has low E.T. of the session and will have lane choice over Force in the next round.
NHRA
_________________________________________________________________
Jeff's out of the race.Too bad,would have been racing John Force if he could have won.
Racing John Force would have even got alot more of attention for CMKX.



 


Posted by VNGNTN1 on :
 
NOAH
Not exactly.
The MM will be looking to reduce position using both companys
BUYERS of CMKX will be NEW buy others taking profit.
OTHERS will be calculating and buying which company when.
VAN
 
Posted by OilMan on :
 
At 400 Billion OS that would make share value .0012
quote:
Originally posted by noahltl:

Van, I'm not sure what equation you are looking for. How high CMKX will go is relative only to supply and demand.

If you're looking for an evaluation equation, it would seem that UCAD believes that 5% of CMKX mineral rights equals 7.5 million shares of UCAD @ $3.40 per share.

That equation would be:

If "x" equals UCAD evaluation of CMKX then:

.05x = 7,500,000 times $3.40 ($25,500,000)
X = $510,000,000 (UCAD's evaluation of CMKX)

Of course we won't know share value until we know the OS.

Don't know if that's what you're looking for or not.



 


Posted by booboo on :
 
This news will make for a good short play Monday.

My predications: opens at .0006 moves up to .0008 closed at .0005.
People will start locking in profits right around lunch time.
 


Posted by VNGNTN1 on :
 
RJR,WILL ,UPSIDE
To cleanup the other thread! I missed a key word "ALL" which I tried to edit all posts where calculations were made without it. Also I believe MM's will continue to short until they realize "VALUE" cannot be overcome, thru declared provable assets or dividend distributions.
CMKX will have some trouble providing distributions without transforming assets to cash.
NOW that takes care of MM
Shareholders can make some money on perception. I"m not a buy & hold guy. I buy and take profit above 10%, NO MATTER WHAT, and move to next deal. I have been holding 5 years and put more $ in recently When the numbers change I will also.
VAN
 
Posted by will on :
 
Good luck, Van, and thanks.
 
Posted by tahoechris on :
 
quote:
Originally posted by booboo:
This news will make for a good short play Monday.

My predications: opens at .0006 moves up to .0008 closed at .0005.
People will start locking in profits right around lunch time.



If I end up picking up more tomorrow I wont sell, its worth more to hold imho.

 
Posted by rivercity on :
 
just got through reading pr,AMAZING,UC JUST MIGHT PULL THIS OFF...pay date for dividend is aug. 20. does this not coincide with dateline story, i believe termed "stockgate".anyone know? i'm still checking.AMAZING, this will put a tremendous amount pressure on shorts.... already put my order in for 1mil @.oooo6. i think uc has gottem' by the gonads and boy are they going to pay.........rivercity
 
Posted by Jeremy on :
 
quote:
Originally posted by rivercity:
just got through reading pr,AMAZING,UC JUST MIGHT PULL THIS OFF...pay date for dividend is aug. 20. does this not coincide with dateline story, i believe termed "stockgate".anyone know? i'm still checking.AMAZING, this will put a tremendous amount pressure on shorts.... already put my order in for 1mil @.oooo6. i think uc has gottem' by the gonads and boy are they going to pay.........rivercity

No, the paydate is NOT the 20th. There are two dates when talking about a dividend. The date by which you must be a registered shareholder of the company, and then the payout date. These are never the same.

The 20th is the date your name must be in the books to be eligable for the dividend. The payout date will be determined later, which it even states in the PR.


 


Posted by rivercity on :
 
jeremy, thanks, i ran through the pr to fast,to much excitement,what about the dateline story? have idea? rivercity
 
Posted by Jeremy on :
 
No idea about the dateline story, I have not been following it. Heard of it, but never bothered to look into it much

 
Posted by bill1352 on :
 
i agree with doc d the pps will not rise much for at least a week it may even be into the second week of aug before it starts moving...with ucad's o/s the 3.40 price probably will drop some at first but it should make it up over a short course of time...i also agree with whoever said UC should keep the o/s unknown till the last hr...it will help hold the pps down for a while and allow more new ppl to buy in which will ultimatly make covering that much harder and thus in the week before the 20th drive the pps that much higher
 
Posted by Upside on :
 
Well, everyones singing the praises of this but, if the o/s is 400 billion and UCAD goes to 4.00 per share, I get 150 bucks for my 2 million shares, not exactly the motherload that everyones been talking about. About the only positive I see in this whole thing is that if nothing happens with the share structure between now and the dividend payable date, we will be able to figure out the o/s. Also, they have promised a share dividend in the past that never took place, the same thing could happen here. Many people are screaming "dont sell", if this stock gets to your initial sell point, sell it! There's still way too many unknowns to hang onto it.
 
Posted by STAR GAZER on :
 
Lets go with the worst case of 400B. We came up with this meaning that CMKX being worth $0.0012 (which interestingly is the previous high point for this stock) We got the .0012 value by putting in UCAD's Friday close of $3.40, however, in March & April UCAD was in the $7 area. Between now and Aug 20th The price of UCAD could go back up, especially if the MM's have also been naked shorting it as well as CMKX. So that alone could mean that CMKX's value is closer to .0025
Also, if other companies want to buy into the company, they will have to pay a lot more than UCAD did so that will add to the value that people put on CMKX. If we don't sell our shares and the people over at the Raging Bull don't sell their shares, the MM's will be forced to cover at a higher price. It was pointed out months ago, that the MM's virtually always make money and the real share holders allways loose when the MM's naked short a company except in the rare instances when the price of the company starts to advance because the company can show that it has real value. This sounds like one of those rare cases and we are lucky to be a part of it, well, not lucky, but smart enough to have bought the stock early on.

 
Posted by Upside on :
 
This dividend will have no effect on any naked shorts that might be out there. At 40 billion o/s, the dividend price per share is .0001875, at 400 billion, add another zero. If you want to see some naked covering, make the dividend something substantial. This won't do it.
 
Posted by VNGNTN1 on :
 
UPSIDE
Got to agree with you on that.
VAN
 
Posted by Money_Penny on :
 
Upside,

Wallace must be off today or he has nothing negative to say (yet), but you're doing your best to take his place!!! As always, though, you opinion is welcome.
 


Posted by noahltl on :
 
If we are only looking at what the dividend does to our current value, I agree that this isn't the bomb we've been looking for. But with the demand that will be created by new investors, old investors loading up on more, and the MM's trying to buy to cover their naked shorts, the PPS will have to rise considerably during the coming weeks. While the MM's will try to hold it down, to make it appear that this dividend does not affect them, time and the laws of supply and demand will take over.
 
Posted by noahltl on :
 
Latest thoughts from Zen

Posted by: zeninvestor32
In reply to: None Date:7/18/2004 8:29:17 PM
Post #of 55571

WHERE TO FROM HERE?

I will reiterate my earlier feelings. The market makers likely have clients (probably some very large hedge funds) who have now been served an official notice that August 20 is the first pain threshhold. This gives the market makers about 30 days to work their magic. These guys are pros. Their job now for their clients is to help their clients cover at the lowest price possible. They will now IMO control the ebb and flow of trading to facilitate this in the best way possible for their clients (additionally the MMs themselves are probably a bit worried about THEIR butts if this thing spirals out of control).

Accordingly, I expect still a lot of monkey business before we start seeing real pops. Agenda #1 from the MMs will IMO be to get the market to believe this news was "no big deal" and thus bait shareholders into selling. The bashing online will likely continue (albeit significantly weakened). I don't expect they will hold it down too long though since they know that literally any day OS could be realized and if it's low enough, it will put a sizable nail in their coffin. My guess is that Roger and Urban have many other signficant pieces of information that will "nudge" the market makers in the right direction should they try to stall out anything too long.

First area of interest will probably be .0005. Could be a 67% gain for many that bought at .0003 and a 400% gain returned to those that bought at .0001. I look for them to work that area as best they can. Next signficant area will obviously be .001 to .0012. A return to this area now puts EVERYONE that has bought in the last 60 days in the green. Many will want to take profits. TA "experts" will claim there will be a retracement (and there may be but only if the shorts decide it will be worth the risk). And many that bought on the recent downturn will want to lock in profits. Depending on how much more information is available to the public, there may be a signficant selloff at .001 simply because many people will want to lock in gains and are still in a "too good to be true" mentality. I look for them to test .001 considerably and possibly even try another rundown back to .0005. We'll see. Their time is limited. They just may not be able to do this.

After that, I have no idea how this will work. This is truly the first time I've ever seen a situation like this develop and I have no idea what to expect. Even the above is just guesswork. For all I know, we open at .001 tomorrow and never look back. But honestly, I expect the short position and MMs will act like the pros they are and work these next 30 days with an aggressive intensity to help their clients (and themselves) as best they can.

The market makers have one small advantage in this. Our fear and impatience just as always has been the case. Let's take someone that owns 10 million shares. Let's say this jumps to .005 next week. Well, hey, that's 50 grand!! Now let's say the MMs (who carefully monitor money flow and know precisely when buying has dipped and they can make a run) decide to drop it. Maybe even back down to .001. OH NO!!! My $50k is now $10k!! This feels terrible. But now when the stock eventually returns to .005, this shareholder is MUCH more in a frame of mind to "take 1/2 off the table just to be safe".

Ok, now let's ratchet the stakes up a bit. Let's say this thing gets to 5 cents! Now a shareholder with 10 million shares has 500 GRAND!!!! Buying momentarily dips, the MMs jump in and tank it back to a penny. OH MY GOD!!! MY 500 GRAND IS NOW 100 GRAND, OH PLEASE OH PLEASE GET BACK TO JUST 5 CENTS SO I CAN SELL. Do you see how this works? Do you see what is ahead?

The last 45 days have tested everyone's nerves. As the stakes increase, expect to be tested far greater than ever before. Right now, my guess is the MMs are mapping out their strategy. Whether it works or not, even they won't know. But they surely have a strategy IMO. One slight wrench in their plan of course is that more news from Urban/Roger could come at any minute. In fact, I expect it WILL come ... as "prods" and "pushes" are necessary to keep the MMs in line.

I personally don't expect much this week as I believe this first level of .0005 to .001 must be toyed with to see what's available here. But that's a full week out of the next 30 days that will be gone. Things should start picking up the pace after that IMO.

I'm excited. This will be fascinating. Today's PR IMO was truly the beginning. I believe this runs so much deeper than most anyone expects. The naked shorters literally finally got caught with their hand in a very serious cookie jar IMO. The penalty may take away a very, very, very significant percent of their profits through naked shorting over the past 8 years or so. As I said in an earlier post last week, I believe when this blows open, there will be a massive redistribution of wealth. I still believe that.


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.

 


Posted by bill1352 on :
 
noah....i think i have to agree with the re-post you added from zen...money is money and unless you have a few million in the bank if a average joe see's enough cash to pay off the morgage and all his bills or her bills they have to take it. i also don't see the pps getting to the point to pay off my bills as i have 1.2 mil shares but if UC can put the pressure on with the correct pr's as in him & the insiders own 50% or more of the o/s then we might see a unbelievable increase in the pps in the last week before the 20th...maybe even .05 is possible but i bet buying in at .0005 will be possible most of this week...swing traders will be making a killing on this stock over the next month
 
Posted by STAR GAZER on :
 
What I found interesting Friday, was that the stock spent half the day at .0004 and the rest at .0003, it never dipped even once to .0002 I bought most of my shares at .0001 and had gotten nervous, thinking, why didn't I sell 10% to 15% at .001 So Wednesday I put in an order to sell 20% at .0005 But Friday, an hour before the close, I said, wait a minute, I'm letting the MM's manipulate me into selling shares that I really didn't want to sell: MM really stands for Major Manipulators. And since it would bounce right back to .0004 every time it got to .0003, I decided that something was going on and cancelled my GTC sell order at .0005 Like you say, they will go back to manipulating the stock and try to trick people into selling their shares. But I've decided that I will wait, there are just too many good things about this stock. I will probably still be holding on to it years from now, and I think that there is a good chance that it will be worth millions at that time. OK, OK, I know that every time somebody says that it will be in the $$ range, that people say no way, but I think that there is a realistic chance that this could happen. I will keep on watching this stock, and as long as it looks like things are going in the right direction, I will continue to hold it.

 
Posted by noahltl on :
 
Van, I understand why you would want to make this a short play, it has volatility, and for day and swing trades, it may make a quick profit. That's the way we normally play, but this is not a NORMAL play.

As for the valuation theories, I post other peoples opinions when I see what I think is a good one, but not too often do I post my own feelings, but here goes one on how I 'feel' right now. You may take it as bashing or pumping, but it is just my opinion as things stand right now.

I believe that this dividend is a 'paper shuffle' between UCAD and CMKX, which really means a shuffle from Urban's right hand to his left. It's design is to put the MM's in the box, and force them to reveal their hands, and Urban didn't have to put up a dime of cash to make this happen. He has played it brilliantly. Now the MM's have to either pay up for the shares of UCAD, or buy our shares up cheap to cut their losses.

Are there really any naked shorts out there? Only the MM'x and Urban know for sure. Urban knows how many shares are outstanding and how many the company owns. If there weren't a ton of naked shorts out there, what would be the use in paying this dividend to shareholders. Think about it, why would he want to just give us that money?

Personally, I don't think he is giving us anything. I have believed for a long time that he bought up all of the authorized outstanding shares for the company, while they were at .0001. If the company holds all of the OS that's authorized, the dividend will be paid directly to CMKX and he won't have to give us a dime's worth. He is going to let the MM's pony up that amount.

They know that too, and the only way out is to buy back all of the naked shorts before August 20. How much will they pay for those naked shorts? As much as we hold out for. What other choice do they have, except buying enough UCAD at $3.40 or more to produce 'dividends' to the brokerage houses to cover all of us "nakeds".
 


Posted by hammer1home on :
 
i think you are incorect in the way you are reading the pr it says paying dividend "on" august 20 does not say as of or up until
 
Posted by Wallace#1 on :
 
Do not think I haven't been watching this. Let's just see what happens down the road. I am sure noahltl will keep the crow dish ready - just in case. Just remember this...I shot about 10 crows today. LOL
 
Posted by noahltl on :
 
Good for you Star Gazer. Hang tight. But I agree, there is a point for all of us to get out. A million dollars is a lot of money to us "po' foke". So yes there is a point where even I will get out. But let's not sell our dreams short. How many more CMKX stories will come around in a lifetime? This is one for the books, and I don't think the MM's will ever let themselves get caught in another predicament like this.
 
Posted by JBCak47 on :
 

Wallace my dear chap...

-John
 


Posted by Upside on :
 
Wallace,
I for one would be interested in hearing your take on this. What are your thoughts?
 
Posted by noahltl on :
 
Wallace, good to see you again. Somehow I knew we would. My bowl is empty right now, but "my cup runneth over". Did you shoot all those crows because they appeared happy?
 
Posted by RaiderJR on :
 
I have gone to the 10% profit rule just because I can't trade during the day. I caught myself missing a big gap, only to see it gone by the next day and falling.

I am dropping the 10% rule for this stock simple because the numbers say it will double and triple.

A good diamond pr would really be a homerun. I still think it will be a year before it reaches its stable value area.

I don't have a clue when to get out.
 


Posted by Wallace#1 on :
 
Those crows were all chomping on dead meat.

Up -

Haven't really looked at it except for a quick view of the release. Been busy helping a neighbor fix his roof and do some plumbing. Next project with him is the bath.

Frankly, on the surface it looks positive. Once I look at it a bit more carefully, I will let you know. Did someone above say you filled in for me? Just may be that I will get something out of 10,000,000 shs purchased at .0002.
 


Posted by noahltl on :
 
quote:
Originally posted by Wallace#1:
Those crows were all chomping on dead meat.

Up -

Haven't really looked at it except for a quick view of the release. Been busy helping a neighbor fix his roof and do some plumbing. Next project with him is the bath.

Frankly, on the surface it looks positive. Once I look at it a bit more carefully, I will let you know. Did someone above say you filled in for me? Just may be that I will get something out of 10,000,000 shs purchased at .0002.


Dead meat??? MM's jumping off the skyscrapers there already?


 


Posted by StonedPigeon on :
 
Ok my question is what are you going to do
with your UCAD-------hold or sell?
 
Posted by Trade Dog on :
 
Some people do not believe that this dividend will force covering of the shorts because it is such a small amount but the dividend payout is in shares of UCAD not cash so the MM's will be forced to cover the shares.The MM's can't issue us shares of UCAD those will come from CMKM the MM's can't just mysteriously deposit UCAD shares in all the shorted accounts because there is a known number of shares to be issued.
 
Posted by WorkAHolic on :
 
I think UCAD shares will go up in anticipation of UC wanting to buy more shares and possibly take contol of both. I'm new at this but it seems either way, both companies are going to start rising. I'm holding strong to .50. I have expenses.
 
Posted by Upside on :
 
Trade Dog,
I don't get your point. The value is the value and if they have to buy x amount of UCAD shares to cover, the end result is the same, much less than anyone expected.
 
Posted by Money_Penny on :
 
Wallace,

do you want to tell us that you bought at .0002 last week? phat chance!
 


Posted by noahltl on :
 
Here's a reasonably intelligent post on market valuation from another board

By: houstontex1110
18 Jul 2004, 10:29 PM EDT
Msg. 45207 of 45237
Jump to msg. #
CMKM'S MARKET VALUATION USING RELATIVITY

I repeatedly come across posts on working up the value of CMKKM. Define value? There may be 500 Billion dollars of diamonds in hundreds of kimberlites, but until you geologically prove your diamond reserves the market is unlikely to raise the pps to reflect that geo fact.

Folks, we are in competition with every other stock in the marketplace in drawing the investors' capital into our CMKM. This especially holds true with other natural resource stocks, and alternate diamond companies are in a sense our principal enemy. NO? If our CMKM's profile does not appear superior to company x, the investor will ignore CMKM. We claim CMKM is undervalued, and the following example supports that view:

One exploration company, the Otish Mountain Diamond Company(OOMDC:OTCBB), has already acquired the mining rights to 75,000 acres of mining claims - right in the heart of the new Otish Mountain diamond region. "And while the compapny"s shares may be selling for peanuts now, the first confirmation of diamonds on its property could easily send shares soaring to many times their current value."

Two weeks ago Otish Mountain was priced at .70 per share with 30million shares outstanding. This gives Otish a Market Cap of $21,000,000 CMKM's claims are reportedly 1.4 million acres; don't overlook they own options on another 1 million acres. Let's assume they eventually exercise a portion giving them 2 million acres. (For the time being ignore the UCAD 5% deal.) Divide 2million by 75,000 acres and that gives CMKM 26 times the land that Otish controls.

Therefore, CMKM ought to trade at 26 times Otish's Market Cap of 21 million resulting in $546,000,000. Wow is this coincidence with today's calculations? We calculated that CMKM and UCAD valued CMKM's minerals at $510,000,000. Folks, UC realizes what I am endeavoring to enlighten here. There is a real world out there which we must compete in and in our case the marketplace.

Notice that Otish has found NO diamonds nor conducted any drilling or aeromagnetic surveys.

Finally, if we assume CMKM OS is 50 billion with a market cap of$500,000,000 this results in a .01 share price. That is. relative to Otish we ought to fetch .01 in the competitive marketplace. Why $500 million? Because UC being an expert estimated our primary asset - mineral rights - to be fairly valued. Given Otish MKT CAP, this appears to be fairly priced.

I predict a slightly higher price due to this UCAD joint venture, CMKM's drilling, and magnetic survey. THE MMs have literally driven a .01 to.0001 and this SHORTLY will no longer be the case. If the OS is one half of my estimate then double .01 or whatever multiple applies.

In conclusion, the marketplace is the final judge of valuation and the process is mainly via a relative comparison of competitive diamond small cap stocks. Whatever you do, do NOT sell an undervalued stock. Make the MMs give us back our stolen valuation.



 


Posted by Trade Dog on :
 
There aren't a lot of UCAD shares on the market their volume Friday was only 500

quote:
Originally posted by Upside:
Trade Dog,
I don't get your point. The value is the value and if they have to buy x amount of UCAD shares to cover, the end result is the same, much less than anyone expected.


 


Posted by Upside on :
 
Trade Dog,
That may be so but I don't see how that's relevant. If all of the shares you or I own are actually naked shorted shares, the UCAD dividend will show up in our account just like all of the "real" shareholders. Again, it's a miniscule price for any market maker that is short to pay.
 
Posted by Wallace#1 on :
 
The first paragraph states they will issue those 7.5 mil shares to all shareholders of record on Aug 20, 2004. Going by what the TA leaked out as 400 bil shs (which I think just might be very close to the correct figure), it would mean each shareholder would get a miniscule number of shares of UCAD. That might be more costly than cash and it would represent a huge number of odd lot shares. It just might cost more to sell them than they are worth (assuming someone might want to do so). Normally, I would have expected that to be converted into cash and paid out in that manner. Still, I do not know where CMKX could get the cash.

There is no question that the record date is August 20, 2004. Only shareholders of record on or before that date would be entitled to any dividend. There was no mention of an x-dividend date. Further, the release states that "later will issue these shares". Whenever that "later" date is would be what is called the Payment Date, Distribution Date (or even the Effective Date). Who knows what "later" means to UC or the people at CMKX or UCAD?

I have not researched what might be the true value of UCAD or it's shares. I'm not sure, but didn't they have negative earnings and negative shareholders' equity?

I am also assuming that the deal between CMKX and UCAD is a done deal with nothing left to be determined or completed first.

Again, with no particulars, no one knows exactly which claims may be purchased, why those particular claims were selectedj, by whom they were selected or what is left.

The 1 yr. option for an add'l 10% doesn't mean much unless it is purchased by UCAD.

As to value of CMKX, I honestly feel it is too early to be trying to figure that out. Too many factors involved that are still unknown.

Someone did mention that the float might be about 200 bil if the issued and outstanding (I/O) is about 400 bil. I agree with that supposition. I do think that UC (and/or family insiders) have a controlling interest since they are very easily able to increase the authorized shares of CMKX at will.

I think someone stated that the authorized shares that are not issued would also participate in the dividend. That is incorrect. Only issued and outstanding shares participate in a dividend. I do not know how the Treasury shares (was over 20 bil) will be treated.



 


Posted by noahltl on :
 
I don't think there are, but let's say there's a forty billion OS. CMKX is only going to issue a dividend to 40 billion shareholders. If there are 500 billion naked shorted shares on top of the 40 billion "authorized" the brokerage houses are going to have to "find" 500 billion "dividends" from the MM's. If they can't produce the shares of UCAD to cover, they're in really "hot water". That's the way I see it. There aren't that many UCAD shares available, so their only choice is to buy back the naked short shares, causing the PPS to skyrocket.
 
Posted by Upside on :
 
Noah,
If you and the other naked short theorists are correct, the price should skyrocket between now and August 20th as they will have to liquidate an unprecedented short position.
 
Posted by Trade Dog on :
 
I don't believe it can work that way the dividend shares aren't issued through a MM they are issued directly from CMKM so the MM can't cover with UCAD shares, the ony choice they have is to cover the shorts.


quote:
Originally posted by Upside:
Trade Dog,
That may be so but I don't see how that's relevant. If all of the shares you or I own are actually naked shorted shares, the UCAD dividend will show up in our account just like all of the "real" shareholders. Again, it's a miniscule price for any market maker that is short to pay.


 


Posted by will on :
 
It was good news. If nothing else it will give an accounting of the O/S. The real value of the dividend and/or the comapny cannot be accurately determined until then. Y'all are getting too excited. We need the O/S.
Good night, it's been a fun day.
 
Posted by fastrunner on :
 
test
 
Posted by noahltl on :
 
I really don't see the naked short as theory, as I stated earlier, UC knows how many are authorized and how many are naked shorted. He would have had no reason to issue a dividend at this point, on a non-profit producing company, except to catch the MM's.
 
Posted by noahltl on :
 
I believe another thing we all have to keep in mind, is this stock is not going to be trading under "normal rules of trading".
 
Posted by Wallace#1 on :
 
Has anyone thought about the possibility of an MM filing bankruptcy? Or backing out like Schwab? Even on the Big Board, it was the shareholders that got socked when specialist firms (they act somewhat in the same capacity as a MM) were screwing around. Sure some had to pay fines, but that did not hurt them very much at all.

Will,

Depending upon what that "later" date is, it may not force that figure out very soon. Even then, they would not have to disclose the I/O numbers if they do not want to.

[This message has been edited by Wallace#1 (edited July 19, 2004).]
 


Posted by noahltl on :
 
Late night L2 lineup shows Nite and Jeff, the only 2 on the ask at .0004. Nobody at .0005. WIEN only at .0006 and TJAS is next at .01
 
Posted by noahltl on :
 
Wallace, in other places I have seen traders stating that the MM's are insured against such losses, but I don't know it for a fact.
 
Posted by Upside on :
 
noah,
I believe you are right that they have to carry some insurance but I have no idea how much or under what circumstances the insurance company would pay.
 
Posted by noahltl on :
 
I have also wondered about liability if the MM's tank, and would believe that the brokerage would be ultimately liable to us for value since they chose and purchased through the MM. Don't they have some responsibility to insure that our trades are "real".
 
Posted by Upside on :
 
I think that Wallace is better equipped to answer that than me but I think that the brokerages have to sell from their inventory on hand or inventory that is readily available. That might be another feather in the naked short theorists cap as many brokerages went "certificate only" with CMKX long ago.
 
Posted by RaiderJR on :
 
I think UC knows how large the short is. Let's say it is 100 Billion, and you multiply that by the dividend amount, and divide that between 2 or three MM's it isn't more than 20 million each.

They can afford it pretty easily imo. Unless the short is astronomically huge and not spread out it shouldn't be an issue.
 


Posted by bill1352 on :
 
IMO the mm's will want to cover this before the 20th maybe not till the 19th but before not because of cost on this stock but because of publicity...there are hundreds of lawsuits out there over naked shorting and nothing has changed in aug sometime dateline will air the stockgate story not because of cmkx but because they want bush out but it will shine a spotlight on the problem. if on the 21st we find that UC & insiders hold 50% or better of the probable 400 billion o/s and shareholders hold much more then 200 billion shares with the dateline story just airing it will make news and thus a probable change in the rules ending the mm's money train. this is more scary the them then and lose on cmkx but thats just IMO.
 
Posted by tradingpennys on :
 
Check this out -
UCAD bought 80% of El Capitan Precious Metals COD mine with thier stock...
________________________________________
1. COD Mine -- ECPN sold 80% of the COD Mine to U.S. Canadian Minerals Inc.( UCAD ) for 720,000 shares of UCAD stock.
ECPN will operate the property and begin to process the tailings and dumps . The revenue will be split 50-50 among the parties. The permitting process has started and it is expected that production will begin around July 1, 2004.

..............

4. The Company has declared a 200% stock dividend. The dividend, which will have the same impact on the Company's stockholders as a 3-for-1 forward stock split, will be issued to stockholders of record on July 30, 2004. Holders of the Company's common stock as of that date will each receive an additional two shares of common stock for each share they own.

http://www.elcapitanpmi.com/home.htm
_________________________________________


 


Posted by Booty Quest on :
 
Morning, all! Thanks for all the great posts. It made for some good reading.

Does anyone know if you have to still be a shareholder after the dividend date to receive it?
 


Posted by VNGNTN1 on :
 
NOAH / UPSIDE
I think Wallace post od 00:16 is right.
1-Company has no Proven value
2-UCAD financials are very negative and have no money
3-MM are not insured for short. Thier market participation is based more on size of value assets maintained.
4-A dividend declared & not paid is a very negative shareholder marketing ploy. Basically at some point after 8/20 UCAD is going to take a 7.5m share certificate, run it thru a shredder and mail it to everyone.
- - -
NOAH
This is why I maintain an open mind for the sell, this is the only way to lock in profit.
I have the same threshold of STARGAZER 10%. When I have violated it in the past it has cost me. To me this is like playing baseball against a pitcher who walks a lot of batters, I think we have the bases loaded and I don't care if we get another walk,hit,double,triple, the BLHR is very remote and we will win anyway.
VAN
- - -
BOOTY
No (at least not on big boards,who knows about pinks)I would hold at least long enough to see post on your account. A previous poster pointed out it will be very small.

[This message has been edited by VNGNTN1 (edited July 19, 2004).]

[This message has been edited by VNGNTN1 (edited July 19, 2004).]

[This message has been edited by VNGNTN1 (edited July 19, 2004).]
 


Posted by Prdponce on :
 
Can anyone post the L2
 
Posted by JBCak47 on :
 
I look foward to what negitive issues Wallace will 'find' today...

It amazes me how someone can discuss a stock as much as Wallace does on these CMKX threads, insist that he wouldn't buy unless .0001, yet feels that it is a 'scam', yet will reap profits after bilking other investors (Yeah Slim, that isn't to shady of you . Now a dividend isn't something to hoot about (rolling my eyes...)

Only time will tell, and so far, IMHO Wallace has been COMPLETELY wrong about this stock, 100 percent of the time.

He managed to stay quiet yesterday but I see he is now comming out of his hole. This nit wit will be here when the stock is at .02 , still saying the same crap, meanwhile if you bought in at .0002, .02 would be a 100 bagger ,lol..

-John
 


Posted by VNGNTN1 on :
 
TP
As I read the PR the dividend goes to EPCN not UCAD. UCAD is earning thier 50% by stripping the residue out of tailings, but look at that Platium number 1.8m ton *.3=540000oz @ 800=aprx $500m. This is a key piece for CMKX to have a refining capacity when they start mining.
VAN
 
Posted by WinsumLosesum on :
 
Ameritrade most actives shows 71,699,999 shares already traded.
 
Posted by Bialystock on :
 
CMKX
Nite & Jeff at .0004
Long line at .0005

interesting, UCAD looks to open up at 4.00
 


Posted by ali on :
 
2 left on 0.0004
Go CMKX


quote:
Originally posted by prdponce:
Can anyone post the L2


 


Posted by WWJD-thru-me on :
 
Hi All, I don't have much access up here so I will probably just post this and maybe get to check back later. My take is that there is a meeting in Las Vegas this week with other mining companies. Additional sales of some of our claims may add value to the dividend that we will ultimately receive. The MM's know they need to cover and they will need to move the price around to get as many shares as they can. They can bring it up, down, and repeat many times. By trading that way may be able to cover quite a bit of their short. We will see. I am buying more and plan to trade some, but I now want to end up with more than 35 million shares when the dust settles. I hope everyone does well. I don't think the dividend we will ultimately get is a small fraction of a penny and a mini slice of the UCAD pie. This is just my opinion but I am basing it on how I have read this stock for the last 2 months and I think I am reading it AOK.
DD-GLTA-IMO-God Bless-Debi
 
Posted by Bialystock on :
 
Only Jeff left at .0004 now

 
Posted by ali on :
 
1 left JEFF buddy
Go CMKX

 
Posted by WinsumLosesum on :
 
Sure is a lot of 9,000,000 share trades...
 
Posted by Bialystock on :
 
nite just popped ucad open up to 4.25
 
Posted by Az...Cats on :
 
Keep up with the L2's thanx
 
Posted by noahltl on :
 
Good morning everyone, glad to see Debi has limited access, I was worried about her not seeing what was happening. Well questions are about to be answered. Will the MM's let it run, or suppress it? Only time will tell. This is the start of what we've been waiting for. Are you strong enough to hold on for the entire ride? Sort of feels like a roller coaster and we're chugging up the incline about to go over the peak. HOLD ON
 
Posted by Bialystock on :
 
make that 4.50
 
Posted by noahltl on :
 
Jeff has positoned himself as the only one at .0004 all the rest are 5's
 
Posted by noahltl on :
 
half a billion volume in the first 60 seconds. WOW
 
Posted by Bialystock on :
 
BSIC jumped on the .0004 with jeff now
 
Posted by JBCak47 on :
 
900 million in three minutes

-John
 


Posted by noahltl on :
 
100 signal at .0004 "need more shares"
 
Posted by Bialystock on :
 
BSIC leaves the .0004
jeff is alone again

interesting now bsic is up at .001
 


Posted by Leardron on :
 
Well, I am back in again. Been out for a few weeks since it was .0006. Figured I would see where it goes
 
Posted by noahltl on :
 
1.5 billion in first 9 minutes, JEFF still alone sitting on .0004 with 5's lined up behind him.
 
Posted by Wallace#1 on :
 
Someone inquired about the MMs having insurance. I believe it is mandatory. Only problem I see is that if they did naked short sell CMKX, it is illegal. I expect that an insurance company would fight anything that is illegal. I do not know how that might affect shareholders or whether they might still be covered.
 
Posted by Bialystock on :
 
hope you really got all these shares i see you selling at .0004 jeff.

punk

oops, he heard me and moved to .0005
 


Posted by noahltl on :
 
JEFF's off the .0004, up to .0005
 
Posted by ali on :
 
L2 3x.0004 vs 7x.0005
 
Posted by noahltl on :
 
2 bil in first 15 minutes. Holding pretty steady at .0005, occasionally a few 4's getting through. One lucky stiff got 9 million at .0001 ?????????????? figure that one out.
 
Posted by cool1sh on :
 
I have a buy oreder at 0005, nt filling.. Ameritrade
 
Posted by lbulbu on :
 
Just filled my order at .0005
 
Posted by VNGNTN1 on :
 
Please post Bid & Ask
VAN
 
Posted by Bialystock on :
 
Hope they've been handing out a lot of those "Got CMKX" flyers at the races.
C'mon, race fans, buy up those .0005 shares!
 
Posted by Bialystock on :
 
8x.0005 ask

bid:
3x.0004
5x .0003

as far as my screen goes, but there are other mm's further "out there" on both sides
 


Posted by Wallace#1 on :
 
BQ,

You asked about after the dividend date.

I had earlier mentioned that they did not specify an x-dividend date...maybe they are using the record date (Aug 20) as the x-date.
Unless they come out with an x-date some time which is later than the Record Date, holders of record up to and including the Record Date will be entitled to the dividend.
Bear in mind that they have not specified a Payment/Distribution Date.
 


Posted by noahltl on :
 
2.5 billion in first half hour. Ask: 8 x .0005 Bid 3 x .0004
 
Posted by ali on :
 
Jul 19, 2004 7:48:37 AM

BOCA RATON, FL, Jul. 19, 2004 (MARKET WIRE via COMTEX) --

OTCPro.com announces its list of stocks to watch! These stocks are looking to move!

OTCPro.com adds US Canadian Minerals Inc (OTC BB: UCAD) to its Stock Pick List. UCAD is new to OTCPro, and just announced great news! US Canadian Minerals Inc is a multi-dimensional, mineral-based corporation headquartered in Las Vegas, Nevada. Watch this stock; it could break out on the upside in the near term! Other stocks looking to move are:

CMKM Diamonds, Inc. (OTC: CMKX) is pleased to have reached a purchase agreement with U.S. Canadian Minerals, Inc. (OTC BB: UCAD) to which U.S. Canadian Minerals Inc. will be purchasing 5% of all mineral claims held by CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004.

Invisa Inc (OTC BB: INSA). Invisa, Inc. manufactures and licenses a line of advanced electronic sensors incorporating the Company's patented presence-sensing design, InvisaShield, for Homeland Security and Safety applications. Invisa is well-positioned to grow its top-line and increase its market penetration. OTCPro has put a $2.75 share price on INSA. OTCPro.com further states that they believe this strike price will be reached within 7 trading days.

As the price of crude and oil service ETFs went higher, broad market ETFs moved lower, especially the tech-heavy Nasdaq 100 Trust (AMEX: QQQ), which closed the week down 2.5%.

About OTCPro.com

OTCPro.com is a leading investor relations firm whose primary focus is promoting awareness among brokers, investors, and others in the investment community who are interested in small and micro-cap companies. OTCPros is dedicated to helping publicly traded companies gain the exposure they need to move forward with the development of their business plans. OTCPro's goal is to feature equity investments in micro or small capitalization companies that have the potential for long-term appreciation. OTCPro provides investors with a complete suite of online interactive financial data and tools that includes quotes, charts, company profiles, news, market commentary and SEC filings, just to name a few. OTCPros offers a free financial newsletter. To subscribe or get more information, visit our home page located at www.OTCPro.com.

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More Press Releases for UCAD Print Story Return to Top




 


Posted by tarq3 on :
 
something screwy going on here guys. I have had buy in at the ask .0004 and they are not fiLLing it. Whats up with that

JUST AS I THOUGHT AMERITRADE IS ON SOME BULLSHYT. I called and what did they tell me. "we are only routing trade for this security to NITE". Man are they trying to screw us or what. I said well why would you do that when there were other MM's at cheaper prices and you as my borker is suppose to get me the best price. He tell me that they had to do it for this stock. Does that smell fishy or what. I tell you, looks like thay are all working to gething to help each other.

Melvin said to call him and let him know if anyone gets fill order problems and the brokerage tells them why.. 877-752-3755
Melvin O'Neil,
Phone: 306-752-3755 . He will forward the info on to Urban and the lawyers, if he does not answer leave a msg with you name and number
 


Posted by GatorMan on :
 
quote:
Originally posted by Wallace#1:
BQ,

You asked about after the dividend date.

I had earlier mentioned that they did not specify an x-dividend date...maybe they are using the record date (Aug 20) as the x-date.
Unless they come out with an x-date some time which is later than the Record Date, holders of record up to and including the Record Date will be entitled to the dividend.
Bear in mind that they have not specified a Payment/Distribution Date.


The e-dividend date is generally 3 days before the record date.

Also, consider this. If the O/S of CMKX is 7.5B as many believe and 7.5M shares of UCAD are being distributed then the ratio should be 1:1000. Also, I wouldn't count on the price of UCAD being uneffected. If UCAD has 7.7m shares out and the dividend adds 7.5M then the price should drop by about half. That is, assuming the value of the deal to UCAD is already reflected in the stock price, which I think it will.

I hope this deal goes through. I just got screwed by a proposed dividend that got cancelled at the last minute with GMDP.

------------------
~,-,-< GatorMan
 


Posted by Prdponce on :
 
I got my order filled at .0004 right at the openning using freetrade
 
Posted by ali on :
 
Only 5 left @ .0005
NITE JUST MOVED TO .0006

 
Posted by ali on :
 
CMKM Diamonds, Inc. [ CMKX ]

Last Tuesday, July 13th The Green Baron profiled CMKX as a "Stock to Watch". We strongly advised everyone to place CMKX on radar screens and to watch for new developments in the days ahead. We also stated we would send a representative of Evergreen Marketing, Inc. to Denver, Colorado to meet personally with the Chief Executive Officer and other interested parties in order to collect and confirm information.

We are pleased to announce that our representative was able to meet with CEO Urban Casavant and that we found the meetings both insightful and informative. Our representative was successful in securing a verbal agreement for a Green Baron CEO Webcast with Urban Casavant in the very near future. Evergreen Marketing will be submitting a list of questions for the webcast to CMKX legal counsel for approval.

In last week's "Stock to Watch" alert, we stated that, "One rumor of particular interest involves a...tender offer or dividend in the works". Although we used this as an example to demonstrate the potential upside in the stock, today, Sunday July 18th, CMKX seemed to confirm the company is heading in that direction by releasing the following announcement:

CMKX Diamonds, Inc Announces Dividend to Shareholders of Record Date and Option Agreement.

DENVER --(BUSINESS WIRE)--July 18, 2004--CMKM Diamonds Inc. (Pink Sheets:CMKX) is pleased to have reached a purchase agreement with U.S. Canadian Minerals, Inc. will be purchasing 5% of all mineral claims held by CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004. Read Full Story

This week we recommend to Green Baron members monitoring CMKX to watch for additional announcements by CMKX, Level II trends [particularly JEFF] and our broadcast date for CMKX's Green Baron CEO Webcast with Urban Casavant. All Green Baron CEO webcasts can be accessed by utilizing the "CEO Webcast" links on our website.

The Green Baron will continue to conduct our due diligence on all aspects of CMKX and to keep our members informed as events unfold and additional information becomes available. We would also like to inform our members that Evergreen Marketing, Inc. [parent company of The Green Baron Investors Society] will most likely increase our holdings of CMKX in the days ahead. Since events for CMKM Diamonds, Inc. may unfold quickly in the days ahead, we urge our members to monitor developments closely, watch for future Green Baron Reports with CMKX Updates and Alerts, as well as to visit our website www.TheGreenBaron.com daily for important updates.


 


Posted by noahltl on :
 
past 4 billion volume. Only 2 left on the .0005 then on to the sixes.
 
Posted by noahltl on :
 
Only one left at 5, guess who? JEFF
 
Posted by slpj1960 on :
 
tarq3, I just confirmed what you stated above and they told me that NITE usually gives them the best service. So I asked why if it isn;'t being filled with NITE, why it doesnt go to a MM that will fill it. I'm new at this, but it does seem to stink to me also, and it smells like "fish" to me.
 
Posted by noahltl on :
 
JEFF is gone. All sixes now.
 
Posted by noahltl on :
 
Jeff's back on the 5 with CRWN
 
Posted by FurrySound on :
 
Order @ .0005 filled just now, during the sells at .0005

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


Posted by protein3 on :
 
PCCL is where you guys need to be!!! Come over ! News on the way!!!
 
Posted by WinsumLosesum on :
 
My order just filled for .0005. I had called Ameritrade, and the rep placed me on hold while the manager called the MM. While he was on hold with the MM, my order filled. So, not sure if the phone call did it, or it was just coincidence, but thought you should know that your recourse is to ask them to have a manager call the order in to the MM.

And yes, they went through nite.

[This message has been edited by WinsumLosesum (edited July 19, 2004).]
 


Posted by jonv on :
 
Hey all. Take a second and go to Allstock's "off topic" forum and click on my post. I am trying to get some constructive feedback on another website my wife and I just launched and since I value everyone's opinion here, I figured you all would be great people to ask. ESPECIALLY women. Thanks all.
 
Posted by noahltl on :
 
From CMKX unofficial:

alloymiken1

REMEMBER THE GAME
« Thread started on: Today at 11:09am »

--------------------------------------------------------------------------------
Don't be surprised if you see the MM's take the pps down again today. They WILL and WANT to play their pscological games with us. They have to loosen shares from our hands to cover. They are being heavily squeezed right now up to including a drop dead date. Do not be fooled! See the game. It wouldn't surprise me if we even closed back at .0004. Just my opinion knowing how these jerks work. I am hopeful we tick up a measily .0001 per day for the ride. Hell in 10 days look where we'd be!

Just my opinion.

 


Posted by noahltl on :
 
Volume at 8 bil. Jeff still holding at 5
 
Posted by slpj1960 on :
 
tarq3, I just confirmed what you stated above and they told me that NITE usually gives them the best service. So I asked why if it isn;'t being filled with NITE, why it doesnt go to a MM that will fill it. I'm new at this, but it does seem to stink to me also, and it smells like "fish" to me.
 
Posted by richnessforeveryon1 on :
 
I don't believe one minute in the naked short selling theory...
Why ??????
Read last PR from Ison I copied you below...
My small finger says me after to have read all that was written here that
Wallace must be very very close to the truth...
I do not await large things from CMKX otherwise today the price would have
already increase a lot......
ONLY MY OWN OPINION...TAKE IT AS SUCH PLEASE.

Reuters
Berlin listings spark outrage among U.S. companies
Friday July 16, 2:56 pm ET
By Michael Flaherty


NEW YORK, July 16 (Reuters) - Dozens of U.S. companies are demanding to have their stocks taken off a stock exchange in Germany, saying the shares were listed without their consent.
Even worse, several executives claim that their stock's presence on the Berlin-Bremen Stock Exchange has exposed them to a form of market manipulation called naked short-selling that can potentially drive a company into the ground.


Since April, more than 200 U.S. companies have been added to the Berlin-Bremen, a small German exchange that is a fraction of the size of the Frankfurt bourse.

The surge in new additions appears to be triggered by a crackdown this spring by U.S. regulators on the stock trading tactic known as naked short-selling.

Short-sellers make their money by borrowing shares and then selling them, hoping the stock price falls. If it does, they buy them back at the lower price, return them to the lender, and pocket the difference.

In a naked short-sale, the trader sells shares without actually borrowing them. The tactic, practiced for years by crooked traders and brokers across the world, can be highly profitable for those involved, and can devastate a company's share price.

The controversy over the Berlin listings and the naked shorting allegations, dubbed "Stockgate," has snowballed since it surfaced this spring.

John Heine, a spokesman for the U.S. Securities and Exchange Commission (News - Websites) , would not say whether the agency was investigating the matter or not.

The SEC passed a series of rules beginning in April that effectively bans naked short selling in the United States.

And while no regulators have proven that naked shorting is occurring in Germany, some companies aren't so sure.

Beverage holding company Hansen Natural Corp. (NasdaqSC:HANS - News) said on Friday it saw no reason for the recent decline in its stock price and is investigating the unauthorized listing of its stock on the Berlin-Bremen exchange. The company said its common stock is listed there without its consent, and is seeking a delisting.

Isonics Corp. (NasdaqSC:ISON - News) and Miravant Medical Technologies (OTC BB:MRVT.OB - News) were among the more than 20 companies in recent weeks to offer similar statements.

Most of the U.S. companies recently added to the Berlin-Bremen are listed on the American Stock Exchange or are over-the-counter stocks with small market capitalization. These are the kind of stocks that are easier to roil, and where a small amount of trading can lead to large fluctuations in share prices.

Some financial experts believe the U.S. ban on naked shorting has pushed the practice to places beyond the SEC's reach.

"Every time a government has tried to crack down on this type of thing in one location, it tends to migrate offshore where it's obviously much harder to regulate," said Lynn Stout, a professor of securities regulation at the University of California, Los Angeles.

FOREIGN EXCHANGE

Joerg Walter, Berlin-Bremen's Chief Executive, said that in his 10 years with the exchange he has not seen a single case of naked short-selling.

"Naked short-selling, as it happens sometimes, is not possible in Germany," Walter said, adding that the country has strict rules against the practice.

Listing a company without its consent is legal in Germany.

In the case of the Berlin-Bremen, a broker will call the exchange and ask to trade a company. The exchange verifies that the stock is listed on another exchange and is in compliance with the rules there before it can begin trading, said Berlin-Bremen spokesperson, Petra Greif.

Greif said the exchange does not inform the company that they are trading, and instead leaves that up to the brokers that added them.

But Dave Gentry, an investor relations representative for several U.S. companies, said nobody told his clients that they were trading on the Berlin-Bremen.

"That was a surprise to us," Gentry said, echoing sentiments from dozens of executives and financial experts wondering how companies were not told of their listing there.

Gentry, president of the Aurelius Consultant Group, said four companies that he represents are listed on the exchange, and so far, getting the trades to stop has been difficult.

One client, a small biomedical company named Genesis Bioventures Inc. (AMEX:GBI - News), has seen its stock price cut in half since it was added to the Berlin exchange in April.

"Whether GBI's stock fall was related to the Berlin Stock Exchange, we can't be sure," Gentry said. "But it looks like there has been some manipulative activity."


Entire text visible here: http://biz.yahoo.com/rf/040716/markets_berlin_shorts_1.html

[This message has been edited by richnessforeveryon1 (edited July 19, 2004).]
 


Posted by A-R- on :
 
quote:
Originally posted by WWJD-thru-me:
Hi All, I don't have much access up here so I will probably just post this and maybe get to check back later. My take is that there is a meeting in Las Vegas this week with other mining companies. Additional sales of some of our claims may add value to the dividend that we will ultimately receive. The MM's know they need to cover and they will need to move the price around to get as many shares as they can. They can bring it up, down, and repeat many times. By trading that way may be able to cover quite a bit of their short. We will see. I am buying more and plan to trade some, but I now want to end up with more than 35 million shares when the dust settles. I hope everyone does well. I don't think the dividend we will ultimately get is a small fraction of a penny and a mini slice of the UCAD pie. This is just my opinion but I am basing it on how I have read this stock for the last 2 months and I think I am reading it AOK.
DD-GLTA-IMO-God Bless-Debi


 


Posted by Money_Penny on :
 
I see Wallace's back-up is starting to show up again with slightly modified name (must have gotten banned). I wouldn't be surprised to see our friend with the annoying laugh back as well. Get ready for those "CMKX is a scam" and "Get out while you can" threads again. I don't know about you, but I'm ready for a fight if they want one. Bring it on, suckers!!!

[This message has been edited by Money_Penny (edited July 19, 2004).]
 


Posted by richnessforeveryon1 on :
 
Now my opinion is that all this US companies take this as an excuse for explain their pps decline.....
If naket short selling was a problem you would have already intended some to speak about for a long time and not
only since 3 months.......
Soon they will explain us (to their shareholders) that the last decline in the major markets comes from the naked short selling......
If this would be true that would be the end of capitalism because a
powerful group or a powerful country could ruin the saving in a whole
continent

Make a little go your brain...

AGAIN MY OWN OPINION

[This message has been edited by richnessforeveryon1 (edited July 19, 2004).]
 


Posted by ali on :
 
With you Money!
Wallace, u wont get a palace until you get in CMKX as soon as u can

quote:
Originally posted by Money_Penny:
I see Wallace's back-up is starting to show up again with slightly modified name (must have gotten banned). I wouldn't be surprised to see our friend with the annoying laugh back as well. Get ready for those "CMKX is a scam" and "Get out while you can" threads again. I don't know about you, but I'm ready for a fight if they want one. Bring it on, suckers!!!

[This message has been edited by Money_Penny (edited July 19, 2004).]



 


Posted by noahltl on :
 

Repost from another board

adoddere
Interesting Math Speculation
« Thread started on: Today at 11:51am »

--------------------------------------------------------------------------------
I was playing around with the numbers this morning ...

I know we have no idea how many CMKX shares are actually outstanding. But for the sake of argument, let's say 5 billion, a number I hope will turn out to be high once the dust settles. At that level, the 7.5M shares of UCAD would be distributed at a rate of .0015 shares of UCAD for every 1 share of CMKX. In other words, CMKX shareholders would receive 1500 shares of UCAD for every 1 Million shares of CMKX they own. At today's present quotes (CMKX @ .0005; UCAD @ 4.25), that would mean that a $500 CMKX investment would return $6375 worth of UCAD.

Someone must REALLY think that there are a ton of outstanding shares of CMKX issued, or people would be buying CMKX like crazy at the moment. Unless there are more than 50 billion shares outstanding, the deal still results in a gain to CMKX holders who buy at .0005.

One thing is sure, it will be a lot of fun to see this all shake out, win or lose. IMO, for that alone, it's worth the dollars I've put into CMKX.



 


Posted by tahoechris on :
 
theres honestly no way that there is 5 billion shares, imho its a bit higher than that, not sure how much, but that figure is way too low.
 
Posted by ali on :
 
With you Money!
Wallace, u wont get a palace until you get in CMKX as soon as u can

quote:
Originally posted by Money_Penny:
I see Wallace's back-up is starting to show up again with slightly modified name (must have gotten banned). I wouldn't be surprised to see our friend with the annoying laugh back as well. Get ready for those "CMKX is a scam" and "Get out while you can" threads again. I don't know about you, but I'm ready for a fight if they want one. Bring it on, suckers!!!

[This message has been edited by Money_Penny (edited July 19, 2004).]



 


Posted by richnessforeveryon1 on :
 
quote:
Originally posted by Money_Penny:
I see Wallace's back-up is starting to show up again with slightly modified name (must have gotten banned). I wouldn't be surprised to see our friend with the annoying laugh back as well. Get ready for those "CMKX is a scam" and "Get out while you can" threads again. I don't know about you, but I'm ready for a fight if they want one. Bring it on, suckers!!!

[This message has been edited by Money_Penny (edited July 19, 2004).]


Money_Penny......
Don't be anxious...we (this ones with brain....hope I have some..lol) will not annoy you longer......
This was an one time reply after I saw that you will pump again.....
Wait until the 08/20/2004.......At this time we will be able to discuss who was right and which was wrong....especially with the o/s (more important then diamonds finds).
For me 'again my own opinion' UC try to sell claims he has for more $$$ he bought this ones.....he makes he's money this way.
Its what my little finger said me after I make my own DD...
For the moment rumours, rumours, rumours
Adios...see you later the 08/20/2004

[This message has been edited by richnessforeveryon1 (edited July 19, 2004).]
 


Posted by Wallace#1 on :
 
JBCak - Money_Penny,

I do not believe in banning someone who is voicing an opinion about a security or it's management. You two, however, keep attacking me personally as though you have some kind of vendetta. Then, I just might go to Allstocks and ask you two be muzzled. The people on Allstocks know what my qualifications are and probably suspect I might be able to provide important opinions and information. If either of you wishes to continue your nonesense,then, I will find it very difficult to keep ignoring your mental abilities. Obviously, no one else on this thread has the guts to tell you to stop the CRAP!

It doesn't matter to you two what I say - positive, negative or neither. You just want to play kid games.

Ali, suggest you do not join with tweedle dum and tweedle dee(aka Jeff & Mutt, aka Mutt & Jeff).

[This message has been edited by Wallace#1 (edited July 19, 2004).]
 


Posted by bill1352 on :
 
wallace & richness do not believe naked shorting is hurting pps of any companies....richness says he thinks this way because its illegal and then says use your brain.hmmm i wonder why we had enron, tyco, global and others wasn't that illegal too. now i give them the right to believe and say what they want...its a free country...but if i use my brain then i can only believe something stinks ....first...the o/s is probaly 400 billion with 100 billion in the treasury...second UC seems a bit arogant thus i would guess he would not want his company public or not to be controled by anyone..shareholder or mm thus i believe at least 50% of the o/s is gone to him & the insiders...this isn't saying he wants to scam shareholders, he just doesn't want them voting against him...the car would probably not fly in shareholders eyes for example...so by looking at it from this idea and looking at daily volume you have to wonder...i do not have access to what is buy & what is sell but others here do and 75% is on the buy side...200 billion or least open to public trading would go very fast at these volume numbers...i bet between allstock posters and friends there are 5 billion held just on this board then you've got the rb board and freinds, and just the public in general...with a 5 billion a day average and a 75% buy rate you have 3.75 billion a day buying say only 2 billion a day were holding it would only be 100 days to wipe out 200 billion and this volume has gone on a lot longer then 100 days...is the naked short enough to get the pps over .01...probably not but from .0001 to .01 you sure cant call the company a scam
 
Posted by noahltl on :
 
Did I read richness correctly? Is he talking to his little finger now? LOL
 
Posted by Wallace#1 on :
 
Bill1352

As far as I can recall, I never said what you just claimed above. As a matter of fact, I believe I did say I was not sure, but that it might be possible that the MMs could be naked short selling the stock.
Tiring of the CRAP! And no one bothers to say anything about it except for me and sometimes Debi.
 


Posted by bill1352 on :
 
wallace...sorry...that coment was directed at richness not you...in fact you & i have agreed as much as disagreed on this stock..again i'm sorry i did not explain myself there correctly
 
Posted by bill1352 on :
 
richnessforeveryon1
New Member posted July 19, 2004 11:50
--------------------------------------------------------------------------------
I don't believe one minute in the naked short selling theory...
Why ??????

 
Posted by Wallace#1 on :
 
Bill,

It's already forgotten. Don't worry about it.
 


Posted by sarki316 on :
 
The Green Baron is making a strong "Watch" recommendation on CMKX. We are not recommending our members buy CMKX at this time, although that may change in the near future. We are only suggesting our members place CMKX on their radar screens for a possible breakout in the days and weeks ahead.

CMKX is one of the most heavily traded stocks on Wall Street right now, averaging several "billion" in volume each day. It is one the most traded and most followed stocks we have ever encountered. There are also several market rumors from what we consider reliable sources, who are indicating there may be a huge run up on the share price in the days and weeks ahead.

Evergreen Marketing, Inc. [parent company of The Green Baron] will be flying a senior executive to Denver, Colorado during the week of July 12th on a fact finding mission to meet with the CEO of CMKM Diamonds. Evergreen Marketing has also offered CMKM Diamonds a Green Baron CEO Webcast. We will notify our members immediately if or when a CEO Webcast for CMKM has been scheduled. All CEO Webcasts are posted on the "CEO Webcast" page of this website.

At our meeting in Denver with the CMKX CEO, as well as with other sources, we will do our best to confirm share structure and diamond finds/yields. One "rumor" of particular interest involves an approximate 50 cent per share tender offer or dividend currently in the works. The current share price is .0003. Now you see why this could possibly be "The Stock Play of a Lifetime."

It is still early in the game but things could change rapidly. We urge our members to watch CMKX closely over the coming days for any indication the rumors are true and about to come to fruition. One such positive indicator would be the Market Maker JEFF leaving the offer, which we anticipate would happen by the end of the week. If even 1/2 the rumors we are trying to confirm are true, CMKX may indeed prove to be the stock play of a lifetime as well as possibly helping rebound the penny market after its 3 year slump. The financial windfall the hordes of CMKX shareholders would reap from a run up on this stock would no doubt have a positive "ripple effect" across the penny stock sector.

We will do our best to uncover as much Due Diligence on CMKX as fast as possible and alert our members immediately if and when we confirm our information. In the meantime, watch CMKX closely and stay tuned for CMKX updates in our Green Baron mailings and on this website. Since at this time CMKX is only a Green Baron "Stock to Watch" we will continue to monitor developments and inform our members for only as long as the stock offers our members an opportunity for profit. We may feature CMKX as a Green Baron stock play at some time in the future if certain developments occur

 


Posted by bill1352 on :
 
true is wallace i'm glad your here....for every wwjd we need a wallace#1...if everyone only say good in a stock we would all go broke....which is why i'm stuck with 250,000 shares of pccl at .0043 and its at .0018..i only saw good and everyone else agreed
 
Posted by ali on :
 
Shareholder Speculation of the effect of the PR last nigh
http://dallas-texas.net/StockTalkDonations/stockholder.htm

UCAD @ 4.50 today...sounds cool

 


Posted by noahltl on :
 
I don't doubt that there is 400 bil naked shorted, but those shares won't be getting any dividends issued by CMKX. They will only issue to those outstanding shares that were authorized. That number could very well be only 5 bil. I really wouldn't be surprised if all of the authorized shares have been bought back by UC.

[This message has been edited by noahltl (edited July 19, 2004).]
 


Posted by JBCak47 on :
 
Noah,

If that is the case, that only non-naked shorted shares get dividends, how would it ever be possible to determine WHICH shares are the orginal issued shares versus which shares where naked shorted?

If the shares from CMKX that were orginally issued,and were traded back and forth, with each trading day more and more naked short shares being added to the float, who's to say that the any shares bought back by CMKX are not some naked short shares and orginal issued shares, while some investors may have a mixture of orginal and naked shorted shares. The question arises as to CMKX being able to figure out HOW MANY shares are naked shorts, but can they determine WHICH shares are naked or orginal issue? Legally I think this would be a huge problem as some shareholders who bought in at the same time as others would not receieve dividend shares while others would. This could hardly be considered fair or ethical in anyway. Besides my 330k share purchase the other day may be orginal issue shares, while the purchase before that could be naked shorts. In either case SOMEONE is going to have to provide this dividend, if one is given to us.

-John-
 


Posted by Prdponce on :
 
tell me that there is no manipulation.

http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?ticker=CMKX
 


Posted by XchangeMODE on :
 
RICHNESS is talking from his little finger
to his BRAIN !

MY Advice is :
Try it the other way around.

o.k. seriously
I Traded the german market
i`ve seen alot of those companies listed
with the time difference
it was great idea
and as far as i know they banned the main guy responsible for listing those companies
and they were only listed in berlin
pretty much all companies in germany are listed on all exchanges
QUESTION:
Why would you want to list a company in berlin only with it`s low volume compared to frankfurt.



 


Posted by JBCak47 on :
 
Lol, I have just been called a mutt

From this moment foward Wallace, I won't say a word to you... (rolling my eyes)...

EOM.
 


Posted by singlemom on :
 
What's your take on this? Is this like tipping your hand?

It seem to make sense that the MM's would know how much of an advantage they have if they know that folks have their shares on "hold" all the way up to say $1.

____________________________________________
alloymiken1
Diamond Finder

CANCEL YOUR GTC's
« Thread started on: Today at 11:42am »

--------------------------------------------------------------------------------
Ok folks, I think while some have good intentions to piss off the MM's there's one thing many do not understand.

When you put in a GTC order, the MM's see it. They coordinate their buys/sells GTC to control and manage an effective market (this of course is when they are doing things legally).

Some are saying to put in a GTC for $1 a share. Understand this.....if they see 100 million shares with a GTC on them, they know they can short those 100 million shares all the way up until they get close to the dollar price per share. Then when it gets close to the dollar pps, they have to cover. Then and only then!

So your GTC order for $1 a share, helps them to see and plan their naked short activities.

DON'T DO IT!. Cancel your GTC orders and only put them in WHEN YOU'RE READY TO DUMP SHARES. Don't let them see [font=Verdana]TEXT[/font] plan, let them be left in the dark!
____________________________________________


--------------------------------------------
May God bless us all in our investments.

 


Posted by Wallace#1 on :
 
singlemom,

Excellent point.

Got to go help my neighbor now.
 


Posted by i'm all in on :
 
anyone daytrading this from the erratic swings from 4 to 5 or is it too clogged?


 


Posted by Money_Penny on :
 
Wallace,

Read my post again and tell me exactly in which part of it I attacked you. If you read it correctly, it was directed at richness and that "muhaha" clown, not you. You have not said anything terribly negative and unsubstantiated today and yesterday, so no need for such action against you.

BTW, you said something positive about this stock? - I must have missed that. If you did, then you have my praise!

You suggested yesterday that you just bought 10 million shares at 0.0002. Did you? If yes, great buy, since nobody else was able to buy at that level. Can you share your secret with us? My take on it is that you weren't able to buy at your pre-set limit of 0.0002 and now you're upset because this stock is gonna skyrocket with everybody on board, except you. If you're willing to stick around anyways and add value to our discussions, please be my guest, but the minute I see you starting to be your old self again, I will be ALL OVER YOU and you can take that to the bank! (but you'll have to stand in line because all the CMKX investors are in front of you cashing in on their investment).

Bottom line: I'll stay outta your hair if you stay outta mine, simple as that! Have a nice (hair) day!

[This message has been edited by Money_Penny (edited July 19, 2004).]
 


Posted by singlemom on :
 
I'm not sure I understand, it's 97% Non I-Watch (which is usually the smallest amount when I have looked) and it usually has a higher institutional/retail percentage, so does that mean that these are public investors? If so, where is the manipulation? Or is it mostly MM's and if so, how can you tell?

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

quote:
Originally posted by prdponce:
tell me that there is no manipulation.

http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?ticker=CMKX


--------------------------------------------
May God bless us all in our investments.
 


Posted by richnessforeveryon1 on :
 
quote:
Originally posted by Money_Penny:
Wallace,

Read my post again and tell me exactly in which part of it I attacked you. If you read it correctly, it was directed at richness and that "muhaha" clown, not you. [This message has been edited by Money_Penny (edited July 19, 2004).]


Ah yes...so you allow only positive thoughts here.....its the way I understand this message boards......
Poor people.....
When will you understand that you can only learn something in this world when you try to understand the dark side of the problem.......
In other words...'the truth is not were you think she is'...and I admit it I too don't know where the truth is but I have my idea and my little finger (yes...my little finger) helped me alot in my live.
I repeat, repeat and repeat it......
Good company....pps raise and MM's buy company stocks
Bad company.....pps decline and MM's short this bad company to zero....
Its really simple...why will you complicate the world ????
If cmkx pps is to date at 0.0004 and not to 0.001 or better its that MM's don't believe in this stock like they (and we all together) can not verify CMKX books......
Now make it like you want it.
Now no post from me until the 08/20/2004 so money...and others will be happy to see 'this clown (thanks for the surname)' leaving the house.....

[This message has been edited by richnessforeveryon1 (edited July 19, 2004).]
 


Posted by richnessforeveryon1 on :
 
Sorry guys...the clown is back like I forgot something.
In this deal 'let us name it so' its only UCAD's pps that will raise and not CMKX...
Why ????
I let you with this question so your brain can work a little today....
I guess I will read soon here the wrong answer.....
 
Posted by FasttrackerMo on :
 
You have to be the kidding?
Just stop! We don't want to hear from you.
I thought I made that clear on your lame thread you started.
You are wishy washy and I can't even understand your english. You points have nothing solid to them. GO AWAY.
We don't want basher or pumpers. Just solid facts period.
 
Posted by Money_Penny on :
 
You, too, richness are encouraged to post your opinions, positive or negative. Just make sure that the content does not mirror some of your last posts before your disappearance...otherwise the police chief and his detectives will have to come out again and enforce the law, LOL.

I'm not trying to be a smart a$$ here but I know that there are hundreds, if not thousands, of people reading this thread every day, and in case there is some bashing going on, I want everyone to know about it. There are so many "kids" out there who have invested a lot of their money in this stock, and I don't want them to fall prey to a basher, so I have made it my mission to 1.) point out that bashing is going on and 2.) confront the culprit.

There are many pesimists on this board but there are equally many optimists as well and we therefore have some sort of equilibrium of opinions which I don't see on other boards. That's why I'm here and I'm here to stay. I want the truth and nothing but the truth. I don't want pumping and i don't want bashing. Post good DD and back up your opinions with facts, and nobody will say a word to you except "thank you".
 


Posted by HarryHar on :
 
and the English skills do still come and go...
 
Posted by JBCak47 on :
 
Richness is leaving

As they say in Pakistan, Kushgwhar! (Wonderful day!)
--------------------------------------------
How are the execution times for .0005???

My money will be available Minyana~

I was expecting a little higher in PPS then what I have seen today however on the same note I shouldn't be surprised. I still see another factor comming into play with new shareholders money comming in within the next week or so (from the races?!?).

I plan on putting a buy order in for 1,750k shares at .0004 Who knows if it will fill or not! lol, I am hoping for it to!

.0001/2/3 I think are totally out of the equation. Even four maybe a stretch however does anyone see a big shake comming soon? There are still some investors that have 75-100 MILLION shares, while others may even have 200,300 Million. There are plenty of people who have 5-40 Million shares. I can see a big shake or at least a dip. Maybe .0003 isn't out of the question??? Any thoughts?

Remember with Qbid, they did a few big shakes to get some of the people who held enormous amounts of shares to sell off... I remember it at least (lol, I have held EVERY share since Feb. 2004 !).

Talk about nail biting,hehehhe...

The anticipation of whatever is going to happen is so much fun !!!

-John
 


Posted by richnessforeveryon1 on :
 
quote:
Originally posted by Money_Penny:
There are so many "kids" out there who have invested a lot of their money in this stock, and I don't want them to fall prey to a basher, so I have made it my mission to 1.) point out that bashing is going on and 2.) confront the culprit.


Thats the point......
Kids please NEVER NEVER NEVER invest in Pink sheet stocks.....
Your money is rare and you will need this one for other more serious things....
Invest your money in blue ships and wait 20 years or more for take your money or better invest in funds.
Don't spend your time here and go back to your books for get an good job with a regular big pay check....
Don't listen all this 'gogos' which promise you the sky and the paradise.
Believe in yourself and in your two hands.
Go away her.....this play will cost you only money....
Trust in a guy which know what he say....
So now I will leave otherwise I guess I will be banish again and than I must register 'richnessforeveryon2'...lol and again lol.
Seriously I'm not a basher just a guy which isn't so optimist like you and a guy which has some live knowledges.....
See you later....Bye

[This message has been edited by richnessforeveryon1 (edited July 19, 2004).]
 


Posted by Money_Penny on :
 
Seems the MMs are having their way today, as predicted. What's the L2 look like?
 
Posted by noahltl on :
 
quote:
Originally posted by JBCak47:
Noah,

If that is the case, that only non-naked shorted shares get dividends, how would it ever be possible to determine WHICH shares are the orginal issued shares versus which shares where naked shorted?

If the shares from CMKX that were orginally issued,and were traded back and forth, with each trading day more and more naked short shares being added to the float, who's to say that the any shares bought back by CMKX are not some naked short shares and orginal issued shares, while some investors may have a mixture of orginal and naked shorted shares. The question arises as to CMKX being able to figure out HOW MANY shares are naked shorts, but can they determine WHICH shares are naked or orginal issue? Legally I think this would be a huge problem as some shareholders who bought in at the same time as others would not receieve dividend shares while others would. This could hardly be considered fair or ethical in anyway. Besides my 330k share purchase the other day may be orginal issue shares, while the purchase before that could be naked shorts. In either case SOMEONE is going to have to provide this dividend, if one is given to us.

-John-


If UC has repurchased all of his OS, that's all he has to do. The stock that is in the company is the real shares. I think that is why he issued a dividend, he knew he already had all of the authorized shares back in. No OS, No expense. Now, that is not bad for us. The brokerages will be looking to the MM's to provide 'dividend' shares of UCAD. That means they will either have to buy millions of shares UCAD to provide us naked shorts with our dividend, or buy back all of the shares we hold, at premium prices. Either way, we win, UC wins, and the MM's lose. That's just my opinion based on UC issuing dividends on a company that has no marketable product profit being produced.


 


Posted by Money_Penny on :
 
Richnessforeveryon1 said: "Go away her.....this play will cost you only money...."

There he goes again (I can hear the sirens now).

 


Posted by Money_Penny on :
 
Noah, I'm with you now. This makes sense.
 
Posted by slpj1960 on :
 
I have had a buy order in for 2 million all day at .0004 and it hasnt filled. I think that there are even more people watching this now if that is possible and a shake will be bought up in my opinion.
 
Posted by bill1352 on :
 
ok...lets guess how many millions trade today after market close....my guess 100 million
 
Posted by bill1352 on :
 
am i wrong here...the market closes at 4 right? 100 million guess was way off more like 4 or 5 hundred million
 
Posted by Money_Penny on :
 
On commando, a .0004 sale goes through at 15:59:44. Those b@stards will have to pay sooner or later, but definitely before 8/20 .
 
Posted by HarryHar on :
 
If UC has purchased all of the float, and he is not willing to sell any of it since he wants to take the company private, how will the MM's purchase shares to cover the shorts that we possibly own? Ideally, I'd hope that Urban owns a majority of it, but that there is float in the open market so that the MM's have shares to purchase to cover the shorts that are around. Do you guys see this as a problem? How could this be solved?

====

Also, if there is a tender offer, can people refuse? What happens then? For example if the tender offer is .20 per share, and I don't want to sell it at that price, what are my options?

THanks.
 


Posted by noahltl on :
 
After a steady run of 5's somebody (Jeff?) ran a .0004 at the bell. After the bell, more .0005's. So, in reality, we are still at .0005. Don't think anyone will be able to buy at 4 in the morning. Aren't these MM's "sweethearts"?

[This message has been edited by noahltl (edited July 19, 2004).]
 


Posted by JBCak47 on :
 
Noah...

I like what you wrote

That seems pretty reasonable to me. Either option may become expensive and they will have to do one or the other, buy UCAD or Buy back our CMKX shares... God help them if UCAD issues news that is good, I mean the run up on UCAD alone could be huge...

I am glad I am in this one, hehe... To bad Scottrade wouldn't let me buy in or else I would have like 6 Million+ shares ,lol... Ohhh well... I am happy with what I have and , hopefully, what I get tomorrow !

-John-
 


Posted by richnessforeveryon1 on :
 
Money....Who is the culprit here ???'
You or I ??????
I never promised the nirvana to the kids...
If they get him..ok...I'm happy for them....but what is if the lose all their money ????'
If you have kids do you say them 'invest all your money in CMKX ??????
I guess you have twenty years and that you have still all your illusions.....
This world will soon bring you back to earth....believe me..

Harry.....you will have no other choice than to accept the tender offer....0.0001 or 0.01 or 1.00

[This message has been edited by richnessforeveryon1 (edited July 19, 2004).]
 


Posted by Money_Penny on :
 
Bill,

It is my understanding that for pinks, there is no after hours trading, and that any activity you see on your streamer after 16:00:00 are most likely trades that went through earlier in the day, but did not show up until that time.
 


Posted by VNGNTN1 on :
 
SP
Better be takin' some profits UCAD!
VAN
 
Posted by noahltl on :
 
quote:
Originally posted by JBCak47:
Noah...

I like what you wrote

That seems pretty reasonable to me. Either option may become expensive and they will have to do one or the other, buy UCAD or Buy back our CMKX shares... God help them if UCAD issues news that is good, I mean the run up on UCAD alone could be huge...

I am glad I am in this one, hehe... To bad Scottrade wouldn't let me buy in or else I would have like 6 Million+ shares ,lol... Ohhh well... I am happy with what I have and , hopefully, what I get tomorrow !

-John-


UCAD already ran up today. About 25% last time I saw a post. That avenue is going to get way too expensive for them. Buying our shares is what they have to do. How many of us want to sell early and let them off the hook? As Aug 20 gets closer, they will be in panick buy mode trying to cover. Between now and then, I think about 20 trading days left. If the naked short is 500 billion, they have to buy an average of 25 billion per day to get back all of the naked shorts. They didn't get close to that number today, so it goes up tomorrow. The longer they play, the harder it gets to close on the target.


[This message has been edited by noahltl (edited July 19, 2004).]

[This message has been edited by noahltl (edited July 19, 2004).]
 


Posted by noahltl on :
 
Here's a repost from a guy that's thinking the way I do:

Author Topic: FORGET THE DIVIDEND (Read 382 times)

alloymiken1
Dr. Of Diamonds


member is online

Posts: 106
FORGET THE DIVIDEND
« Thread started on: Today at 08:58am »

--------------------------------------------------------------------------------
The dividend is NOT the big picture here. Whether it turns out to be 50 dollars or 5000 dollars to each of us is not the important issue. Here’s what is so huge.

We are all but positive CMKX has been naked shorted. Last week Monday through Thursday, the MM’s sold 90% of the trades and bought 10% of the trades (estimate). On Friday, there was just about an even balance. Further suggestive evidence or naked shorting. Now for theory purposes lets say the stock was shorted to the tune of 200 billion shares (I believe it is much more than that). In the next 4 weeks, the MM’s have to buy back those 200 billion shares in order to hide their illegal activities. They have to buy them back (cover them) because on August 20th, the dividend will be sent out, either in a way of cash, or share exchange of UCAD. The shorted shares HAVE TO BE COVERED because shorted shares will not get a dividend payment as they are not supposed to exist. This means the MM’s have to buy 10 million shares a day (average) to cover the 200 billion shorted or they will be exposed. This is huge. And at some point during these 4 weeks, CMKX will make an announcement of the true o/s. Worse case scenario is 500 billion (as specified by Nevada law). If it’s under 100 billion, wow that’s huge too.

Now, pay particular attention to this;
IMO the MM’s will not move the pps too much today or even the next few days. They will play a psychological game with us in order to make us believe the news isn’t important. They don’t want the price to run, because they’ll have to pay more to loosen the shares from our hands. The longer each of us holds out, the higher it will run. But I believe they will try to hold things down for a bit right now. But either way, see the bigger picture here. August 20th is a drop dead date for them. Do not do anything before that and we all win! They have no choice but to cover before that date. We will see a run greater than the last one before August 20th. So make your plan but hold as long as possible. The trap was set, the bait has been taken. Now we wait for the “snap” of the trap to break their necks. We’ve waited a long time for this event. The rocket has started and countdown to launch is T minus 33 days and counting.

To da moon we go!

All is EVEN BETTER than well!

Mike




 


Posted by Money_Penny on :
 
Richness,

Where is all that crap you're saying coming from? Are you now suggesting I influenced anyone to buy this stock? Get real and take an english lesson. I am one of the more neutral people here and I have neither yahoo'ed nor boo'ed this stock, ever. I won't discuss anything further with you since I'd rather sit in a corner and talk to a rock!
 


Posted by JBCak47 on :
 

Noah,

I can't imagine how I would react if I see a pps of even .05 !!! I will hold out for much higher... I imagine .15 is not completely unreasonable or unattainable.

You know the 20th of August falls on a Friday. I imagine we will have some sort of news that weekend to super charge the share price. Well time for a smoke

-John-
 


Posted by TradingWizard on :
 
...I think once in the while we should slip in note of appreciation: noahltl you are doing great job thnx

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


Posted by noahltl on :
 
Everyone remember that UCAD has a reservation for another 10% of CMKX for 15 million. That's UC's way of saying to the MM's, "If you play with this very long, I'll issue another dividend. Try and catch that one!!!!!!!!!"
 
Posted by WWJD-thru-me on :
 
Noah-Your repost of the MM's leaving the price here for a few days looks to be the case. I expect every trick in the book. I expect bleeding heart bashers to come along with deep concern some might lose their investment. They shouldn't be investing in pink stocks at all if they are worried about it. A nice safe mutual run by (oh, I forgot the criminals run some of those too). Maybe a passbook savings account. Anyway, the access is so bad up here I don't even get all the pages of allstocks so I can't keep up with everything. That probably is a good thing since I have a low tolerance for baloney.
Hi to everyone of good will and peace. DD-IMO-GLTA-Debi PS-As long as it is still on sale I am buying. I got some at Etrade bright and early for .0004 and I don't know if freetrade filled. I left an order for .0006 and it wasn't filling earlier.
 
Posted by Wallace#1 on :
 
Here's what all of you need:

World AP

Guinea miner finds 182 ct.diamond. Not flawless. Size is about 4"x1.2" high - about the size of a computer mouse.


 


Posted by bill1352 on :
 
IMO these guesses of a 100 billion o/s and some even less are not close to right. i don't think the entire 500 billion a/s is out there but i lean to the o/s being around 400 billion as i've stated before. still i don't think this is the number that should concern us. if as many feel UC and insiders have been buying up shares and if they start reporting those shares fall into the restricted bin. then the number that matters is the float...what shares are out there to be traded everyday without an announcment as restricted shares are. this new thing with ucad will pressure the mm's but still the only thing that finishes them with cmkx is diamonds. UC doesn't even have to get to the mining point just drill a core sample that has a very good test result it doesn't even have to be great. the time for this is running out as summer up there ends in a few months, once winter hits and the ground freezes core sampling type drilling will be much harder. this new development is very good but not in the league of a pr with real diamond results.
 
Posted by noahltl on :
 
quote:
Originally posted by TradingWizard:
...I think once in the while we should slip in note of appreciation: noahltl you are doing great job thnx


Hey Wiz, Thanks


 


Posted by richnessforeveryon1 on :
 
quote:
Originally posted by noahltl:
Here's a repost from a guy that's thinking the way I do:

Author Topic: FORGET THE DIVIDEND (Read 382 times)

alloymiken1
Dr. Of Diamonds


member is online

Posts: 106
FORGET THE DIVIDEND
« Thread started on: Today at 08:58am »


Noah...hum hum
Perhaps but this post let me think that in case the pps don't raise until the 08/20 they want that you hold your shares until this date (pump).......
MM's will certainly not short again now so my concern is 'Why this thing hasn't fly today ????'...Still a lot of sell orders today, otherwise the pps would be at 0.0007...This isn't normal for a stock with big future.....On another hand UCAD got a nice run up today like here all can be verified......nevertheless this run was all like now UCAD price reflect the deal (if something can be find in the area they bought the claims).....
For me this post was another pump tentative.
Caution is asked when someone post:
To da moon we go!


[This message has been edited by richnessforeveryon1 (edited July 19, 2004).]
 


Posted by tradingpennys on :
 
Question: How many days of the multi-billion trading of our stock daily would it take to reach say 400 billion sold?
 
Posted by noahltl on :
 
Everybody note what Debi said about not being able to get buy order filled at .0006. That was while the market makers were trading at .0005. That being the case, the MM's are saying were not selling to the buying public at a price of .0006. I don't know how long she had the order in, but a trade of that price should have gone through in seconds. Anyone else have any problems buying today?
 
Posted by HarryHar on :
 
Just to clarify the repost from Alloymiken1

"They have to buy them back (cover them) because on August 20th, the dividend will be sent out, either in a way of cash, or share exchange of UCAD. "

==============

The dividends will not appear in our accounts on Aug 20. They will probably appear later. If you are holder shares AS OF Aug 20, then you will receive dividends.

==============

Does anyone know or have some theory as to what will happen with our CMI dividend shares? Those have been sittin there for a while...
 


Posted by noahltl on :
 
Well richy, call my post pump if you like, but at least I'm trying to add something intelligent to the discussion here.
 
Posted by tradingpennys on :
 
I repeat ....

quote:
Originally posted by tradingpennys:

Question: How many days of the multi-billion trading of our stock daily would it take to reach say 400 billion sold?



 


Posted by STAR GAZER on :
 
Money-Penny ignore that moron richessforeveron1. How could he even come up with that name. First of all I read that idiotic write up by Michael Flaherty when it first came up and saw that it had no substance to it. Basically it was a lot of BS. Secondly he says that unlike you (and the rest of us on this board) he is trying to protect the newbies that don't know anything about the stock market. He says trust in a guy who knows what he says (that means him) Never invest in the pinks, invest in stocks on the NYSE etc. Get off it. I invested in those stocks for years. I was lucky to make 20% a year. I came to this board and read about LBTT at $0.002/share. A real company with real products, just waitng to get their product approved in Europe, and from what I read everything was in order. I bought in at .0022 and in three months it was at .035 a gain of over 1,500% And hey look at CMKX, I got in at .0001, it's already gone up to .001/.0012 once, a +1,000% gain, you could have taken profits on 1/3 your shares and then no matter what happens you would have a very nice profit overall, or if you didn't sell, true it went down but now it's back to .0005 which is still a 500% gain. Sure, you can loose money in pink sheet stocks, so don't put all your money in one or two stocks, but hey look at all the people that lost their life savings in Enron which at the time was the 7th largest energy stock in America. Hey richessforeveron1, if you are going to post write ups from other sites, at least post something that has real facts behind it, something that would actually be useful to us and the newbies that you say you want to protect and help.
 
Posted by JBCak47 on :
 

Tell that feeble fool, Star Gazer!!!!!

lol protecting newbies... If he really is from Europe, Eurotrashforeveryone...

Crazy Dutch bas/tard! (From 'Austin Powers:Goldmember')

-John


 


Posted by HarryHar on :
 
WARNING:

Green Baron may be setting itself up to be a MM tool for later this month.
 


Posted by richnessforeveryon1 on :
 
quote:
Originally posted by STAR GAZER:
Money-Penny ignore that moron richessforeveron1. How could he even come up with that name. First of all I read that idiotic write up by Michael Flaherty when it first came up and saw that it had no substance to it. Basically it was a lot of BS. Secondly he says that unlike you (and the rest of us on this board) he is trying to protect the newbies that don't know anything about the stock market. He says trust in a guy who knows what he says (that means him) Never invest in the pinks, invest in stocks on the NYSE etc. Get off it. I invested in those stocks for years. I was lucky to make 20% a year. I came to this board and read about LBTT at $0.002/share. A real company with real products, just waitng to get their product approved in Europe, and from what I read everything was in order. I bought in at .0022 and in three months it was at .035 a gain of over 1,500% And hey look at CMKX, I got in at .0001, it's already gone up to .001/.0012 once, a +1,000% gain, you could have taken profits on 1/3 your shares and then no matter what happens you would have a very nice profit overall, or if you didn't sell, true it went down but now it's back to .0005 which is still a 500% gain. Sure, you can loose money in pink sheet stocks, so don't put all your money in one or two stocks, but hey look at all the people that lost their life savings in Enron which at the time was the 7th largest energy stock in America. Hey richessforeveron1, if you are going to post write ups from other sites, at least post something that has real facts behind it, something that would actually be useful to us and the newbies that you say you want to protect and help.

Starmachinchose...
I can live with 20%......
I too won a lot with penny stocks and lose a lot....
More you trade more you lose at the end.....
Serious people which trade SINCE YEARS will be ok with me here.
Your broker will be rich if you trade all days.....
For me I maked my DD on day trading and retired with a nice profit....(no more day trading and only one pennystock purchase pro year)
To date I hold only 1 stock and a lot in funds.
20%/year with little risk....wouahhh
Let work your brain

[This message has been edited by richnessforeveryon1 (edited July 19, 2004).]
 


Posted by noahltl on :
 
quote:
Originally posted by tradingpennys:
I repeat ....


Trading Pennys, they have roughly 20 trading days to recover the naked shares. If your guess is 400 billion, they have to trade 20 billion per day.


 


Posted by noahltl on :
 
Here's another way of saying what I was trying to say:

todpaulson
Dr. Of Diamonds


member is offline

Posts: 199
Explanation Why MM's need to cover Naked Shares
« Thread started on: Today at 09:55am »

--------------------------------------------------------------------------------
There are many questions floating around from people asking why the MM's have to cover the naked short shares. Concerns that the MM's do not need to cover because they might not ever be exposed. Will these naked shareholders receive the dividend? etc. etc.

I will try to break it down to the simplest form of understanding/explanation.

CMKX has announced that they will be issuing 7.5 millions shares of UCAD to CMKX "official" shareholders as of August 20th. On August 20th CMKX will know how many "official" shareholders exist. They will determine the payout ratio per share and at some future date these UCAD shares will be issued to the "official" shareholders. These "official" shareholders will see the UCAD shares appear in their brokerage trading accounts. All is good and they are happy.

But oh wait....what about all the "naked" shareholders. Well...the day the dividend (UCAD shares) are issued to the "official" shareholders it would be very obvious to the naked shareholders and brokerage companies that a problem exists. Why...well the naked shareholders would NOT have UCAD shares appear in their account because they have not been given UCAD shares from the CMKX company since they were not official shareholders.

Opps! Now the Market Makers have a problem....they have been exposed for shorting this stock and these naked shareholders are going to demand this dividend of UCAD shares from their brokerage companies. In return these brokerage companies who have naked shareholders are going to have to settle up with these Market Makers or there will be large legal problems all around.

The Market Makers can try and reduce their naked CMKX position by purchasing CMKX shares prior to August 20th and virtually "retire" these shares from circulation...thus reducing their exposure. This is called a short squeeze when they are now forced to cover. (I realize this is not the official definition of "short squeeze" but let's just us it for discussion purposes. LOL) In theory this should drive up the price of CMKX shares because the MM's are more or less required to buy the naked shares back from us...the shareholders. If we don't sell at a low price it should move up until people start selling.

The other option for Market Makers is to buy UCAD shares on the open market and then issue these UCAD shares to naked CMKX shareholders at a similar payout ratio of the official dividend. Therefore the MM's would be able to hide their naked CMKX shares because these naked CMKX shareholders would not realize they are "naked" since they would still receive UCAD shares in the brokerage account...only the shares came from the MM's themselves and not CMKX dividend. In theory again this could drive up the price of UCAD shares since MM's are going to have to buy up UCAD shares on the open market. The number of UCAD shares available is not that large and therefore the price could go up as demand increases.

This is my understanding in-a-nutshell. Wheww....can you follow all that?! LOL. If anyone reading this finds a glaring error or omission in my understanding please mention it so others will be properly informed.

Thanks.
todpaulson
 


Posted by richnessforeveryon1 on :
 
quote:
Originally posted by JBCak47:

Tell that feeble fool, Star Gazer!!!!!

lol protecting newbies... If he really is from Europe, Eurotrashforeveryone...

Crazy Dutch bas/tard! (From 'Austin Powers:Goldmember')

-John



Thank you for your compliment....

 


Posted by JBCak47 on :
 
Richness can you just go away...

No one is cares about your 20%. You do not hold shares and your viewpoints are just plain stupid. I am getting sick of seeing your sorry attempt at the English language... You really bother me because you are on some self imposed crusade to save investors, meanwhile if investors listened to you at .0002, now the price is .0005 a 150% increase... Hmmmm. Now see I am sure one or two people listened to you and did not buy, and now they are out a 150%... Needless to say it was as high as .0012 So 'RICHNESS' (You missed this boat) you could have put up 1000 dollars at .0001 and sold at .0012 with $12,000 hmmmmmmmmmmmmmmm.... Yes I will listen to you... (Fat Eff'in Chance)

-John-
 


Posted by bill1352 on :
 
tradingpennys
Member posted July 19, 2004 17:07
--------------------------------------------------------------------------------
I repeat ....

quote:
--------------------------------------------------------------------------------
Originally posted by tradingpennys:
Question: How many days of the multi-billion trading of our stock daily would it take to reach say 400 billion sold?

thats been my ? for a while now. if as some in here have stated and most days are 75% buys i'd have to think 400 billion is gone or close to it and how much does insiders own?....this tread sounds like the Rocky & Bullwinkle show...Will Uc & Uncle Mel get the nasty mm's? ... Will large amounts of diamonds be found? ...Will UC's car win a race?...the answers on our next show.
 


Posted by richnessforeveryon1 on :
 
quote:
Originally posted by JBCak47:
Richness can you just go away...

No one is cares about your 20%. You do not hold shares and your viewpoints are just plain stupid. I am getting sick of seeing your sorry attempt at the English language... You really bother me because you are on some self imposed crusade to save investors, meanwhile if investors listened to you at .0002, now the price is .0005 a 150% increase... Hmmmm. Now see I am sure one or two people listened to you and did not buy, and now they are out a 150%... Needless to say it was as high as .0012 So 'RICHNESS' (You missed this boat) you could have put up 1000 dollars at .0001 and sold at .0012 with $12,000 hmmmmmmmmmmmmmmm.... Yes I will listen to you... (Fat Eff'in Chance)

-John-


Stupid guy.....
If you read my last post a few weeks ago you will see THAT I WAS IN THE TRAIN....AND LEAVED AT THE STATION BEFORE THE TRAIN GOES BACK FROM WHERE HE COME...

[This message has been edited by richnessforeveryon1 (edited July 19, 2004).]
 


Posted by YOuNgFettaChini on :
 
quote:
Originally posted by richnessforeveryon1:
Starmachinchose...
I can live with 20%......
I too won a lot with penny stocks and lose a lot....
More you trade more you lose at the end.....
Serious people which trade SINCE YEARS will be ok with me here.
Your broker will be rich if you trade all days.....
For me I maked my DD on day trading and retired with a nice profit....(no more day trading and only one pennystock purchase pro year)
To date I hold only 1 stock and a lot in funds.
20%/year with little risk....wouahhh
Let work your brain

[This message has been edited by richnessforeveryon1 (edited July 19, 2004).]


Adverbs, pronouns, adjectives, predicates....all in the wrong place, all out of context....they need to stop handin' G.E.D.'s out like bubble gum......

------------------
Your mind is your greatest asset...SO use it!!!
 


Posted by bill1352 on :
 
richness....please do not start a statement like this with stupid guy

Stupid guy.....
If you read my last post a few weeks ago you will see THAT I WAS IN THE TRAIN....AT LEAVED AT THE STATION BEFORE THE TRAIN GOES BACK FROM WHERE HE COME...

an english teacher would have a heart attack...if you went to a catholic school the nuns would have your knuckles bleeding
 


Posted by TradingWizard on :
 
I been reading this thread all day....but the richness you are really starting to disturb me and everyone else. Please come back on the 20th of Aug, as you initially stated. How can we trust with your information knowing that you cannot do one thing right that is leave this board and be back on Aug 20. Thanks.

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


Posted by tradingpennys on :
 
quote:
Originally posted by bill1352:
tradingpennys
Member posted July 19, 2004 17:07

EXACTLY BILL! I should rephrase that question a little bit though. I should ask approx. how many shares have been sold in the past few months at the amount that are traded a day?
I stand by the belief that there isn't NAKED shorting. The stock maybe shorted... yeah to make some quick cash. Although the public isn't allowed from what I can gather on pinks.
All this hype about naked shorting is a bit much.
 


Posted by HarryHar on :
 
TradingPennys

How do you account for the lack of price movement with such high volume then? I am curious...
 


Posted by Upside on :
 
originally posted by HarryHar:
quote:
TradingPennys
How do you account for the lack of price movement with such high volume then? I am curious...

One possible explanation is that if the float really is 400 billion, there's no volume at all relatively speaking. If they trade 4 billion in a day, that's 1%, 8 billion, 2% and so on. That's not enough to move it.


 


Posted by Money_Penny on :
 
Yes Upside, but my question is if the buys greatly outnumber the sales, like they have been, then who is selling unless the shares are being created out of thin air?
 
Posted by HarryHar on :
 
Upside I see what you're saying. But think of how many times this 400 Billion shares has changed hands in the last couple months. If no one's selling, where are thy coming from? Plus...I think Urban is keeping half of the o/s in his piggy bank...of course its pure speculation.
 
Posted by Grasshopper on :
 
I'm still trying to read up on this whole naked shorting phenomenon and develop some understanding of the potential consequences and MM's accountability. I came acrosss this article that made a statement that I'd like to get your much more knowledgable opinions on.

It basically states that naked shorting exists solely within the DTC and any company that employs the services of a TA is impervious to being naked shorted due to their checks and balances. The concensus in here for quite a while has been that we are severely naked shorted. Are we then saying that 1st Global has been grossly negligent in their responsibilities? Wouldn't they be held liable if they allowed this to happen? I kind of remember this being discussed before, so sorry if its an old subject. I've gotta learn somehow!

http://www.ioreport.com/archive/listserv/20030518-1.html


The OTC Rebellion

The DTC, or Depository Trust Company, is responsible for the electronic transfer of billions of shares of stock in the US markets. The DTC electronically handles the delivery of stock from buyer to seller in the open market once a trade takes place. DTC handles billions of transactions annually and has a monopoly in the US markets despite being a private company.

There are about 80 microcap companies attempting to withdraw their shares from being handled by the Depository Trust Company. If successful, they go back to the old fashioned practice of having every transaction handled by the company's Transfer Agent. They believe short sellers are able to illegally create millions of shares of stock which don't exist, and are flooding the markets with these counterfeit shares. The practice only works because of flaws and loopholes in the DTC system.

In a legitimate short sale of stock, shares are borrowed by the seller against a future pledge to buy the stock back. If the shares drop in value, the short seller makes money when he closes his position with a buy transaction.

Naked short sellers flood the markets with millions of shares that simply don't exist and which have not been legitimately borrowed. Microcap companies are targeted because they don't have institutional shareholders with deep pocketswho have the conviction to take on the short sellers. Short sellers are able to bully this end of the marketplace. Furthermore, microcap companies have a much higher failure rate, giving the short sellers much greater odds of long term success.

Naked short sellers are able to sell shares which simply don't exist because the normal three day settlement rules are mostly ignored by the DTC System. As the buyer you purchase shares in the open market and pay for the purchase within the normal three day time frame. The shares show up in your account as a line item entry. However, most investors don't know that your shares might never be electronically delivered to your account in any reasonable time frame. These "open fail to delivers" can stay on the books of brokerage firms for months because the DTC system does not force them to be delivered.

This allows naked short sellers to flood the market with millions of shares which don't exist and where no shares have been pledged or loaned against the short trade.

There are two primary mechanisms short sellers use to execute these trades.

Market Makers- Market makers are allowed to go naked short stocks in which they make a market. This regulation is designed to encourage a "stable" market. Large pools of funds are pledged to market makers in the guise of trading capital which are really used to create huge excess supplies in microcap stocks, which acts to destabilizes the market.
Trading through Canada: You can execute trades with a Canadian brokerage firm simply by opening an account. The NASD regulates the actions of brokerage firms, but has no regulatory authority of Canadian brokerage firms, where huge short positions are often parked and moved or "kited" around to disguise their existence.
When a company successfully withdraws its shares from trading in the DTC system, naked short selling abuses are prevented. Once removed from DTC, every transaction is handled by the old fashioned way by the Transfer Agent. Every buyer is matched up with a seller who actually has real shares for sale. The transfer agent matches the two and short sellers cannot artificially create immense supplies of stock.
 


Posted by RaiderJR on :
 
UCAD closed up 1.10. If the dividend were today it would be 35 Mil instead of 25 Mill.

Go UCAD.


Someone said they would try to buy UCAD first to directly cover the short. Might be true. But if you throw out the last trade by Jeff we were up 20% today, almost the same as UCAD.


My buy with AT didn't go through today at .0004, probably because of the reason above.
 


Posted by RaiderJR on :
 
Doesn't this dividend guarantee our marketcap is above amex minimums, and we must now fully report.
 
Posted by Prdponce on :
 
From another post. Sound interesting

By: averageinvestoraz
19 Jul 2004, 07:13 PM EDT
Msg. 46075 of 46080
Jump to msg. #
OT: I have never pumped or bashed a stock to date...

BUT, I am going to break that record now.

Two weeks ago after missing a few I finally got around to attending the bi-weekly poker game with some old associates. I had missed the previous two frankly because I was having too much fun with our soap opera called CMKX that I have been neglecting other entertainment venues.

Or course I had to explain why I had been neglecting them so I told them why. I gave a frank accounting of the good, the bad and the rumors surrounding CMKX, which they agreed was very entertaining.

When I was telling them about the rumor side of CMKX, I of course mentioned the naked short rumor along with the high volume and suspected trade manipulations. I mentioned that the IHUB board had been keeping track of time and sales data for the last couple of months or so and it looked odd enough to make one wonder about the validity of the rumors.

Well tonight was suppose to be another poker night. I say suppose to be because from what I gather these "friends" of mine have spent the last 2 weeks researching, reading the boards, making phone calls and more....
I only learned this when I called to beg off poker that for the foreseeable future poker was on hold due to their interest in CMKX.

These "friends" of mine actually collected all the time and sales data from the IHUB postings along with data from other sources and spent a large part of their free time running the numbers through their companies mainframe (I cringed when I heard that). And I thought I was being obsessive.

Bottom line they now tell me that according to their findings they believe that the trading data supports the idea of Manipulation, they believe that approximately 80% of all trades were NOT retail trades but inter-MM trades designed to inflate the volume numbers and undermine the stock price. Hence their conclusion that a HUGH short position is evident in CMKX, between 300 and 800 billion would fit their model with 600 billion being the most likely as of this month.

Oh and of course they tell me that they have been buying in themselves since their first preliminary figures (nice friends ).

Now these guys are not stock market guru's. But they ARE computer and numbers guru's (read NERDS ) so I believe they made an accurate model with the information they had at hand.

So I guess this is my first official pump of any stock, FWIW.

Now I still believe the risk/reward over the long term for CMKX is still a good enough reason for buying the stock. But for me at least in the short term the best reason will be that the Company (and attorney) have a plan than can get the shorts and make them pay.
 


Posted by Prdponce on :
 
NEWS

U.S. Canadian Minerals Purchases Additional Interests In Saskatchewan
via COMTEX

July 19, 2004

LAS VEGAS, Jul 19, 2004 (BUSINESS WIRE) --

U.S. Canadian Minerals Inc. (OTCBB: UCAD) announced today that it has purchased an additional 20% interest in claims in Saskatchewan in the Fort a la Corne area. The company had previously acquired a 20% interest from Nevada Minerals Inc. under its Joint Venture Agreement bringing its total ownership interest to 40%. The company will exchange 100,000 shares of the company's Preferred Class A stock, which have conversion and voting rights to common shares.

Rendal Williams, CEO of U.S. Canadian, stated, "We are excited to have acquired additional interests in these claims, which we believe will increase shareholder value and may have possibilities for positive economic results. Based on information from the fly-overs conducted by Goldak's Navaho aircraft equipped with a tri-maxial magnetic gradiometer, completed in April, May and June, exploration targets will be set for the next level of operations."

- - - - -
 


Posted by Wallace#1 on :
 
Grasshopper,

I think you might have something reversed. What that article is saying is that the DTC is allowing the naked short selling...not the TAs. It is saying that if the TAs were the only ones that handled buys/sells and related transfers, naked short selling would not exist.


 


Posted by RED on :
 
Check out what else UCAD is up to.

UCAD U S Cdn Minerals Inc (OTC BB) 7/19/2004 6:41:21 PM ET

Realtime Quote $4.50 + $1.10 (+32.35%) Refresh Quote



Press Release for U S Cdn Minerals Inc


U.S. Canadian Minerals Purchases Additional Interests In Saskatchewan
7/19/2004 7:26:00 PM
LAS VEGAS, Jul 19, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals Inc. ( UCAD ) announced today that it has purchased an additional 20% interest in claims in Saskatchewan in the Fort a la Corne area. The company had previously acquired a 20% interest from Nevada Minerals Inc. under its Joint Venture Agreement bringing its total ownership interest to 40%. The company will exchange 100,000 shares of the company's Preferred Class A stock, which have conversion and voting rights to common shares.

Rendal Williams, CEO of U.S. Canadian, stated, "We are excited to have acquired additional interests in these claims, which we believe will increase shareholder value and may have possibilities for positive economic results. Based on information from the fly-overs conducted by Goldak's Navaho aircraft equipped with a tri-maxial magnetic gradiometer, completed in April, May and June, exploration targets will be set for the next level of operations."

Further details relative to this project will be forthcoming in future press releases and at http://www.uscanadian.net/.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.

SOURCE: U.S. Canadian Minerals Inc.

U.S. Canadian Minerals Inc.
Chris Hanneman, 303-220-8476

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.




 


Posted by Grasshopper on :
 
Thanks Wallace. Are you saying that even though UC is employing the services of a TA, transactions are still routed through the DTC?

 
Posted by Wallace#1 on :
 
Yes, that is my understanding. That is the electronic record keeping of trades.
 
Posted by will on :
 
Here's my take on everything up to today. Everyone is too excited over the declared dividend. Either too optimistic, or too pessimistic. No one can really know the vlaue of anything, the dividend, the compny, the PPS, until the O/S are accounted for. All this so called DD, and posting from Dr Do Little, Zenboy, Think Outside the Box boy, and any other wishful thinking windbag is nothing but supposition. Billions of shares shorted, does anyone really know that, Urban's bought all the O/S, does anyone really know that? Y'all are getting all lathered up while you're still missing the MOST important part of the equation.
 
Posted by Wallace#1 on :
 
Will,

I think you missed one. A declared dividend with a Record Date, but no Payment or Distribution Date...just a "later".
 


Posted by Highwaychild on :
 
I just wonder...If U.C. sent some kimberlite to JEFF and NITE, had them sit on it all night untill right before the bell.And come up off of it for a change.I bet they would have a diamond the size of a computer mouse.
 
Posted by bill1352 on :
 
the post about the guys punching all the numbers from i-hub into a computer makes me wonder...i believe there might be a naked short position for cmkx but 600 billion? give me a brake..if the entire o/s equals the a/s or even the 400 billion the o/s probably is that would mean that there are ppl out there that think or do own 1 to 1.1 trillion shares of cmkx stock...i'm not a stupid person i'm also not a genius but just trying to completely grasp 400 billion of anything is a bit much but 1.1 trillion?? thats saying every man, woman & child in the USA could own a few million shares even the illegal aliens...hmmm theres an idea give everyone a few million shares , make the mm's cover and the illegals can go home and we can go back to speaking english (not richness's version) again. it stock may have naked shares out there but not in numbers like that.
 
Posted by STAR GAZER on :
 
Does anyone know what this means? (From richessforeveron1) Notice how nice and polite he is. It's one thing to disagree with some one, but don't start it out by saying:
Stupid guy.....
If you read my last post a few weeks ago you will see THAT I WAS IN THE TRAIN....AND LEAVED AT THE STATION BEFORE THE TRAIN GOES BACK FROM WHERE HE COME...


 


Posted by noahltl on :
 
Zen's latest post:

Zens latest thoughts on today
« Thread started on: Today at 7:59pm »

--------------------------------------------------------------------------------
Posted by: zeninvestor32
In reply to: None Date:7/19/2004 7:53:57 PM
Post #of 56734

MY THOUGHTS ON TODAY AND MORE.

Fully expected. Anyone surprised to see JEFF was the one clinging to .0005? JEFF IMO absolutley knew that the second he released his foot from .0005, there would be 5 MMs stepping up to the bid at .0005. He kept it there and got his .0004 close (NICE paint job BTW). Why? People come home tonight, check their stock and see NO CHANGE They assume this PR must not have meant anything and "eh, maybe I just need to put my sell order in and be done with this." But now JEFF is feeling some heat. 19 trading days until he's gonna have to figure out how a (currently) unknown number of UCAD dividend shares are going to have to be placed in everyone's accounts. Still, JEFF needs to be patient and play this out accordingly. .0005 is a first level. There should be a battle royale though at .001. JEFF hopes to cover for his client significantly there. But he will likely get MORE selling by holding it here at .0005 a bit longer. Make people anxious, nervous, emotional. Now when .001 finally hits, they may act hastily, rashly and sell.

Did anyone catch UCAD however? Let this be a CLEAR warning shot. 26,000 shares moves UCAD up 33%. There are practically NO shares available. NONE. Shortie does not yet know how many shares above and beyond the 7.5 million he'd have to produce to cover the UCAD dividend he might owe, but he knows he can't get them on the UCAD open market. There just AREN'T any. The ONLY way shortie will cover is through CMKX. And by the way, my personal speculation is that UCAD will not close under $4 again. Which would be interesting since Nasdaq Small Cap requirements are a $4 share price. A reverse merger into UCAD and a listing on Nasdaq in 30 days? Possible? Maybe. Just some thought. If UCAD jumps to $5 and holds there, we could even see an application for a Nasdaq National Market listing. Personally, I think they'll sidestep the whole issue and go for AMEX through a reverse merger into UCAD after August 20.

I must repeat what I have said many times before. I do not believe Roger Glenn was brought on board to help CMKX become a reporting otcbb company. In fact, anecdotal evidence these days suggests such a move is not even possible any more. The SEC wants the otcbb to disappear completely and they seem to be not very amenable to any otcbb applications these days. No, I believe Roger was not only brought on to break a record-setting short position, but that his skill sets were uniquely qualified to position CMKX to get listed on one of the major exchanges and QUICKLY. I do not think the MMs that are short are unaware of this fact.

I believe Urban and Roger have served notice that the shorting will be over by August 20. One step at a time, we move toward that date. They may try to hold the line here for awhile. But IMO they will either have to cover or Urban/Roger will continue to drop cluster bombs on them with further updates/deals/information. I do feel the MMs are being given a "grace" period so this all happens in a more orderly fashion, but I do also think that the consequences for not respecting this grace period will be swift and severe.

Personally I believe we have the mother lode in diamonds and other resources.
Personally I believe we have a very low OS that will stun the crowd into silence.
Personally I believe we will reverse merger into UCAD (c'mon how much more obvious can this be)
Personally I believe we are headed to a higher exchange.
Personally I believe we will reach share prices where institutions will want to be a part of this company.
Personally I believe this investment will change my life forever.

We watch. We wait. Very soon I believe ... we win.


Z
 


Posted by tradingpennys on :
 
Upside
Member posted July 19, 2004 18:21
--------------------------------------------------------------------------------
originally posted by HarryHar:

quote:
--------------------------------------------------------------------------------
TradingPennys
How do you account for the lack of price movement with such high volume then? I am curious...
--------------------------------------------------------------------------------

One possible explanation is that if the float really is 400 billion, there's no volume at all relatively speaking. If they trade 4 billion in a day, that's 1%, 8 billion, 2% and so on. That's not enough to move it.
____________________________________
Thank you Upside. Well said.
 


Posted by noahltl on :
 
Will.........sorry about another Zen post, it just seemed interesting, and I have to hurry today. I'm the director of a local charity, and I have to spend the next week at our county fair, overseeing a fund raising booth. I might be able to stop in for a few minutes in the morning and late evening. With Debi and I both out of commission there are only a few longs left to post. Those of you who can, please pick up the ball and run with it while we're gone. I'm really going to miss watching this stock for such a long time, but we are making money for the handicapped and disabled here, and some things are more important than my portfolio.
 
Posted by Brad on :
 
quote:
Originally posted by noahltl:
Will.........sorry about another Zen post, it just seemed interesting, and I have to hurry today. I'm the director of a local charity, and I have to spend the next week at our county fair, overseeing a fund raising booth. I might be able to stop in for a few minutes in the morning and late evening. With Debi and I both out of commission there are only a few longs left to post. Those of you who can, please pick up the ball and run with it while we're gone. I'm really going to miss watching this stock for such a long time, but we are making money for the handicapped and disabled here, and some things are more important than my portfolio.


Good and worthy cause noahltl. Your posts will be missed while you're away. There are definitely plenty of longs left on this board but for many of us we have more to gain than to offer as far as input. We'll keep the fort held down though.

 


Posted by noahltl on :
 
One more from another board:

The BIG Picture
« Thread started on: Today at 5:58pm »

--------------------------------------------------------------------------------
I mentioned this Paltalk and wanted to reiterate it here.

We as a group need to look at these apsects of our growing company. One of the first and foremost is our brand recognition positioning in regards to racing.

We are advertising now. Establishing the Casavant name and I believe soon the Casavant Diamond. With the world heightened sense of political correctness. Conflict free has a lot of meaning.

Let's look atthe advertising for a second and i will move on to the market shortly,

We are doing this extremely cost effective. In teh open market advertising rates for a 30 second spot can cost upwards of 3 miilion. Our teams have had many 30 second spots at a rounded cost of 15k per race.

Think about this CART racing was a spin off from the F1's why?? The advertiser base was diluted and all teh money had been made. They needed more opportunities for more diverse sponsorship. To the average mnarketing manager the value is formulated by cost per viewership.

Think of ours?? We had upwards of 9 million viewers watching the drag races. ( formulated from Nielsen)
We inherently reached 9 million people, put with that the higher we go in positioning the more attention. Interviews with Casavant and spotlights on his new company.


DO we already have diamonds?? Like most of you here I most certainly believe so.

Let's look at the market.

We had a reported AS of 7.7 billion before the AS 500billion announcement came out. Let's take what urban owns of it off the table for a minute.

Show me where we had that much volume in sales in the past 60 days. Can't. It has always been my perception that dilution shares go off at the bid. How many have you seen??

Now as much as we hate and yes I said HATE the MM's we have to work with them. They make our market. Period. It is my belief that UC and Glenn will time teh PRs accoriding to how the MMS are covering. Now before yo hit me with wehad 95%+ sales today, let me counterstrike with WHAT WAS The 5th Digit??

Now do you see what is taking place?? They will hold us down, run us up and drop us off a cliff to instill market panic. Don't tell me you didn't watch the trading today and say WTF I have had it!! The MMS bank on that because they have no choice not to!!

Well L+G's this is just the beginning. You will be amazed the sells when all the longs have 300k one day and 160k 15minutes later after a walk down. If it hits 300k they will see it as a blessing form God and get the F out.
It takes the strong to survive.

One lastthing I wanted to leave you with., The TAS annoucement of 400bill. THat HAD to have been brought about by counting shareholders fo record. We didn't have an audit yet!!That proves shorts. Look at all the past filings and PRS, it cannot be true,. Urban did not come all this way to lie and lose. Glenn, wouldn't let himself be soiled.

The Tradeable float are what we need to be concerned with. No More No less. Remember UC has shares locked away for 2 more years. So he isn't getting rich on the PPS ..

WHO IS??

Be back with more later as this EPic Saga infolds.




 


Posted by noahltl on :
 
This one looks big;


Press Release Source: U.S. Canadian Minerals Inc.


U.S. Canadian Minerals Purchases Additional Interests In Saskatchewan
Monday July 19, 7:26 pm ET


LAS VEGAS--(BUSINESS WIRE)--July 19, 2004--U.S. Canadian Minerals Inc. (OTCBB: UCAD - News) announced today that it has purchased an additional 20% interest in claims in Saskatchewan in the Fort a la Corne area. The company had previously acquired a 20% interest from Nevada Minerals Inc. under its Joint Venture Agreement bringing its total ownership interest to 40%. The company will exchange 100,000 shares of the company's Preferred Class A stock, which have conversion and voting rights to common shares.
Rendal Williams, CEO of U.S. Canadian, stated, "We are excited to have acquired additional interests in these claims, which we believe will increase shareholder value and may have possibilities for positive economic results. Based on information from the fly-overs conducted by Goldak's Navaho aircraft equipped with a tri-maxial magnetic gradiometer, completed in April, May and June, exploration targets will be set for the next level of operations."

Further details relative to this project will be forthcoming in future press releases and at http://www.uscanadian.net/.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.

--------------------------------------------------------------------------------
Contact:
U.S. Canadian Minerals Inc.
Chris Hanneman, 303-220-8476
http://biz.yahoo.com/bw/040719/196028_1.html

 


Posted by noahltl on :
 

Nevada Minerals DD from Secy of State.


Type: Corporation File Number: C6199-1993 State: NEVADA Incorporated On: May 26, 1993
Status: Revoked Corp Type: Regular
Resident Agent: DONALD R. STIFFLER (Accepted)
Address: 1620 GRANITE DR.

RENO NV 89509-
President: HENRY DUBBIN
Address: 10155 COLLINS AVE. #607

BAL HARBOUR FL 33140-
Secretary: SAUNDRA PARKER
Address: 1900 SUNSET HARBOUR DRIVE
SUITE 2015
MIAMI BEACH FL 33139-
Treasurer: SAUNDRA PARKER
Address: 1900 SUNSET HARBOUR DRIVE
SUITE 2015
MIAMI BEACH FL 33139-

 


Posted by will on :
 
noah, I apologize if you took my post about so called DD personal. There are quite a few cheerleaders, and naysayers here. It's just my opinion either side, positve or negative, is getting out of control emotionally. No one, I repeat, NO ONE knows nothing until the O/S are accounted for, it's all emotional guesswork until then.
 
Posted by Grasshopper on :
 
It seems that UCAD got a sweetheart of a deal compared to the first 20% it acquired (5 mil for the first 20% and 100K for the next 20%). Must be a friendly deal based on the increased value of the original 5 mil???

Either way, UCAD seems to be making some major plays....
http://www.sec.gov/Archives/edgar/data/1104194/000101968704001152/uscanadian_10q-033104.txt

On January 20, 2004, the Company entered into joint venture agreement with Nevada Minerals, Inc. to develop up to 500,000 acres of potential Kimberlite Mineral property located in Canada. The Company was required to contribute 5,000,000 shares of its common stock as its capital contribution to the joint venture. As a result of this capital contribution, the Company shall be entitled to receive 20% of the revenue generated from the property. The value of this transaction approximates $6,900,000 based upon the fair value the said shares on the consummation of such agreement.
 


Posted by Money_Penny on :
 
will - I agree with you on this. What we need now to go forward are facts (o/s) and all this speculation is getting out of hand.

noah - Thanks for all the DD, hope you raise lots of money for the needy.

Good night all.
 


Posted by noahltl on :
 
NEW PR NEW PR NEW PR

Coming fast and furious now.

LAS VEGAS, Jul 19, 2004 (BUSINESS WIRE) -- CMKM Diamonds, Inc. (Pink
Sheets:CMKX) has agreed to invest US$1,000,000 in Casavant International Mining
referred to as (CIM). CMKM Diamonds,Inc. will receive in return a 10% lifetime
royalty on all mineral claims of CIM , specifically including the George Lake
Zinc Deposit,
(http://www.ir.gov.sk.ca/dbsearch/MinDepositQuery/Default.asp?ID=0663) In
addition to the zinc deposit royalty CMKM Diamonds, Inc. will also receive 40
billion shares of CIM stock which CMKM Diamonds, Inc. will distribute pro rata
as a dividend to all CMKM shareholders of record on August 31, 2004.

Ron Casavant CEO, and Dave Desormeau Secretary/Treasurer, of Casavant
International Mining (CIM) said, "The company plans to utilize these funds to
initiate a drill program to re-evaluate the known reserves of the George Lake
Zinc Deposit and to establish a course of action for the project. The company
also plans to become a publicly-reporting company." More details will be
released in future news releases.

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.


CONTACT: CMKM Diamonds, Inc.
Melvin O'Neil, 306-752-3755 or 877-752-3755
fax: 306-752-3754
ipr@sasktel.net

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.


 


Posted by noahltl on :
 
MM's wanna play? TAKE THAT!!!!!!!!!
 
Posted by Bialystock on :
 
Well that's a fine "how do you do?"
LOL
 
Posted by Back~in on :
 
must be a typo on the time...

Anyway how many shares will share holders get from this?
 


Posted by Wallace#1 on :
 
I saw that Nevada Minerals/UCAD release when it first came out and noticed something sounded familiar but couldn't place it.

Does anyone exactly remember the language used in connection with CMKX's release about their Goldak Navaho aircraft fly-overs and in what months they took place?
 


Posted by Back~in on :
 
OOPS, Sorry it is 2100hrs eastern time.
 
Posted by noahltl on :
 
Stock Market history in the making and we're on board. The ride ain't over yet.
 
Posted by Trade Dog on :
 
CMKM Diamonds, Inc. Announces Preliminary Results from Goldak Airborne Magnetic Survey of Saskatoon, Saskatchewan
LAS VEGAS, Jun 24, 2004 (BUSINESS WIRE) --
CMKM Diamonds, Inc. (Pink Sheets:CMKX) announced today it has just received preliminary results from the airborne magnetic survey recently completed by Goldak Airborne Surveys of Saskatoon, Saskatchewan. The survey was conducted during April, May and June 2004 using Goldak's Navaho aircraft equipped with a trimaxial magnetic gradiometer.

By employing this modern, state of the art geophysical equipment and flying a low-level, closely spaced survey, hundreds of magnetic anomalies were able to be identified. Some of these anomalies are obvious drill targets, while others will need further study by the Company's consultants.

Urban Casavant, president of the CMKM Diamonds, Inc., stated, "The company is very pleased with the results of the survey. For the first time in the history of diamond exploration in the Fort a' la Corne area, a complete and comprehensive magnetic picture of the whole area is available to the company."

The company intends to immediately pursue the most obvious targets by drill testing as soon as permitting and logistics allow. There are now more than enough targets to allow CMKX to drill continuously. On a final note, Urban Casavant stated, "These hundreds of anomalies have been filtered for elimination of farm equipment and steel buildings as a probable cause for such an impressive count of anomalies."

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, contained in this release which are not historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk 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.

Diamonds Hotline
Melvin O'Neil, 306-752-3755 or 877-752-3755
fax: 306-752-3754
ipr@sasktel.net
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.

News provided by

quote:
Originally posted by Wallace#1:
I saw that Nevada Minerals/UCAD release when it first came out and noticed something sounded familiar but couldn't place it.

Does anyone exactly remember the language used in connection with CMKX's release about their Goldak Navaho aircraft fly-overs and in what months they took place?



 


Posted by will on :
 
OK, break this one down guys, lol. "Just the facts, Mam, just the facts".
Not you though, Van, you confuse me, lol

[This message has been edited by will (edited July 19, 2004).]
 


Posted by Prdponce on :
 
is this true? CIM shares are not trading

By: rocketship0
19 Jul 2004, 09:45 PM EDT
Msg. 46201 of 46207
Jump to msg. #
Ladies & Gentlemen...Mr C and Roger are slowly tightning the nooze! This is one hell of a play. I don't think CIM shares are trading. If that is the case, how in the world can Shorty cover CMKX NSS.....Simple....they must, I repeat they must raise the PPS of CMKX in order for people to sell and for them to cover. What a brilliant move. Incredible!!!!!

We will be making history folks.

Regards,
Rocket
 


Posted by noahltl on :
 
Where do I go to buy CIM now?
 
Posted by Bialystock on :
 
I like this post from iHub, but does anyone here agree/verify the logic. I am dumb when it comes to this:
http://www.investorshub.com/boards/read_msg.asp?message_id=3600703
 
Posted by noahltl on :
 
I know the same person keeps putting out the PR's for all companies, because they keep repeating the "trimaxial" misspelling. It should be triaxial.
 
Posted by Highwaychild on :
 
There you go DARDADOG... sick 'em.
 
Posted by noahltl on :
 
You can't buy CIM shares, so how are the MM's gonna get 'em to cover the nakeds? See the play going forward.
 
Posted by Highwaychild on :
 
I see D. Glenn's been a busy man.
 
Posted by tradingpennys on :
 



Opinions, observations, and commentary from Stock Patrol and our readers. We share our thoughts on interesting issues and developments and invite readers to do the same. If you have a question or comment for Stock Patrol, please send it to you@stockpatrol.com. We will respond to questions from readers and, from time to time, we will publish some of those observations on this page. Letters may be edited for space and clarity.

SHORT STORIES OR TALL TALES? – WHAT DOES THE SEC’S NEW REGULATION SHO MEAN FOR SHORT SELLERS?
October 27, 2003

Have short sellers conspired to depress the value of dozens of over the counter companies? Or is the short selling conspiracy simply a convenient bugaboo that allows struggling companies to hide behind their own failures?

Optimists hoped that the SEC’s new short sale regulations would help investors answer those questions, but the relatively toothless SEC proposal is unlikely to end the debate.

News of the pending SEC proposal was greeted with anticipation by the champions of those self-described beleaguered OTC companies. Some even tried to spin the new proposal before details were announced – suggesting that it would herald an end to naked short selling.

Those observers were none too pleased with the SEC Staff’s proposals for Regulation SHO, which fell far short of expectations. Regulation SHO would establish new standards for short sales of exchange traded securities – those listed on the New York Stock Exchange and NASDAQ – starting with a two year experiment eliminating rules that bar short selling when a stock's price is falling. That rule, however, would not apply to over the counter stocks.

As far as the OTC markets go, the SEC proposal would make it more difficult to short-sell stocks without actually borrowing the securities, a practice known as “naked short selling.” Traders who short stocks but fail to deliver the securities at settlement would face restrictions, such as being required to pre-borrow the security before shorting it again over the next 90 days. Critics say that this would do little to deter the brokerage firms that enable short selling.

It also would be unlikely to discourage professional short sellers, particularly those who trade outside the U.S. and beyond the reach of domestic regulators.

Are the critics truly displeased – or will they breathe a sigh of relief that the SEC seems satisfied with half measures? That depends upon whether the short selling conspiracy is real or imagined. Undoubtedly, the answer to that question is not a simple yes or no.

In the past year, a host of over-the-counter companies have claimed to be victimized by these “naked” short sellers. For the most part, these companies have several things in common; they are struggling, trade at microscopic prices, have little or no business, have few, or no revenues, have few, or no assets.

In all likelihood there are some over the counter companies that have been victimized by naked short sellers. They justifiably complain that lax short selling rules have adversely affected their prospects.

But how many other companies have jumped on that bandwagon and raised the red flag of short selling to conceal their own shortcomings?

Trying to distinguish between legitimate and feigned complaints, however, is a daunting task – particularly since none of the supposedly aggrieved companies have been able to establish with certainty the alleged naked short selling.

And investors should keep in mind that some of these over the counter companies are architects of their own misfortune, even where short selling is present. Lacking assets or significant revenues, those companies become desperate for cash, and make devastating deals with financing devils. These include arrangements where the company issues massive amounts of stock to their friendly financiers, and agrees to register those shares even before they have received financing. Such arrangements encourage those financial “angels” to short the company’s stock, thereby driving down the stock price, and then cover those short positions with the registered shares they receive (often at a discount) in exchange for their financing.

It’s a win-win for the financiers, who can use proceeds from the short sales to provide the promised funding to the company – and then pocket the excess after they cover their short position by delivering the newly registered shares, which are now trading at a lower price thanks to the shorting scheme.

But it’s a losing proposition for the company, which has effectively provided its own financing, and is left with a severely depressed stock price.

That, of course, is just one scenario – but a very real one.

The naked short selling debate is made even more murky by the fact that it involves so many companies with dubious credentials, and few legitimate prospects. Their eagerness to adopt the mantle of “victim” threatens to detract attention from the handful of over the counter companies that really have suffered from this practice.
http://www.stockpatrol.com/yours/talltales.html

___________________________________________

Regulatory shortcomings have allowed short selling sharks to ply their trade without sufficient accountability. But just how many sharks swim in these waters?


It is impossible to tell since the extent of naked short selling is a matter of conjecture. Companies point to high trading volume and depressed share prices and claim that it is the work of short sellers. They blame brokers and market makers and clearing agencies like the Depository Trust Company. Investors, eager to understand why their holdings continue to plummet, are ready to accept this explanation because, after all, it sounds perfectly plausible.


And sometimes it is - but who is telling the truth?


Sure, naked short sales might account for deeply depressed stock prices - sometimes. There are, however other logical explanations which would just as easily explain these trading phenomena.


The first is also the most obvious: some of these companies have no meaningful value. If a company has few assets, no revenues, no substantial operations, and little realistic expectation of success, it should come as no surprise that its stock trades at pennies, or even a fraction of a cent.


High volume accompanying such meager stock prices is hardly an indication that Wall Street has discovered a hidden gem. Nor is it necessarily a sign that the naked shorters are loose. Think logically. If a stock is already trading at pennies, does it make sense to sell short? Just how many shares would the professional short seller have to sell for that exercise to be worthwhile?


And if the short seller is a pro, wouldn't he be savvy enough to find a more highly priced stock, where the potential spread and profit is significantly better?


Which brings us to a second, more logical explanation for the activity attributed to the short sellers: someone is dumping shares. Is it possible that a bump in trading volume signifies someone selling stock - rather than shorting shares? And are there circumstances where companies might want to avoid acknowledging that shares are being unloaded? You bet there are.


Some companies might be reluctant to admit they placed shares in the hands of the sellers who are dumping them on the marketplace. How might stock find its way into the hands of those sellers? There are a variety of ways, as the following indicates:


Some shares may have been registered on Forms S-8 and then issued to consultants, employees and attorneys who resell them immediately.

Other stock might have been sold to offshore investors under Regulation S, which provides an exemption from registration for shares issued to certain non-U.S. residents. Those offshore shareholders can then resell the shares overseas, immediately.

Shareholders who have held stock for at least one year can sell their holdings, without registration, under the exemptions provided by Rule 144.

Financiers who provide "equity-based" financing for small companies generally receive large allotments of registered stock in consideration for their investment. These investors may sell those shares short in anticipation of their registration, or simply wait until they have been registered and then liquidate their position. Either way, they would be trading in substantial volume.

Then there are PIPES, the popular acronym for private investments in public entities. These private investors receive large numbers of shares in return for providing funding to companies who are desperate for funding. If the PIPE investors are U.S.-based, the shares may be registered. If they are overseas, their shares could qualify for the Reg. S trading exemption. Either way, the investors would be in a position to introduce a large quantity of stock to the public float.

Companies who have been diluting their public shareholders by issuing stock to consultants or insiders, or on favorable terms to financing entities, may be loathe to admit that they are the source of a sudden spurt in volume. In that case, naked short sellers make for a convenient scapegoat.


The problem for investors, and ultimately for regulators, is to separate those companies that have truly been victimized by naked short selling, from those that have not. Ultimately, the public will have to determine who are the pretenders, and who is telling the truth.
http://www.stockpatrol.com/yours/toc.html


 


Posted by GoldieStox on :
 
okay nice folks, can some explain in simple terms, what the HECK is going on? new here and am a bit confused. thanks!
 
Posted by noahltl on :
 
One of the big items here is the words "pro rata". That's one for one shares. That means that OS has to be less than 40 billion. Went around the roller coaster once, climbing slowly up that big hill again. WOOOOOOOOOO Hold on!!!!!
 
Posted by tradingpennys on :
 
Noah... the word "tri-maxial" is spelled correctly. The inventor or company named it. If you do a search you will find the company that has it. If you were to spell it YOUR way... goodluck finding the company.
 
Posted by GoldieStox on :
 
doesnt pro-rata just mean your dividend is just in relation to how much cmkx you own? i dont think it means 1 for 1, no?
 
Posted by Booty Quest on :
 
quote:
Originally posted by noahltl:
One of the big items here is the words "pro rata". That's one for one shares. That means that OS has to be less than 40 billion. Went around the roller coaster once, climbing slowly up that big hill again. WOOOOOOOOOO Hold on!!!!!


pro rata

\Pro` ra"ta\ [L.] In proportion; proportionately; according to the share, interest, or liability of each.

Sounds about right, Noah. Good work, my friend. This just keeps getting better!

EDIT --> Although, Goldie makes a good case, too. Either way, we win.

FarmBoy, you out there? I hope you're not missing all the fun.

[This message has been edited by Booty Quest (edited July 19, 2004).]
 


Posted by will on :
 
pro rata: proportionately according to an exactly calculable factor (as share or liability)

[This message has been edited by will (edited July 19, 2004).]
 


Posted by noahltl on :
 
quote:
Originally posted by GoldieStox:
doesnt pro-rata just mean your dividend is just in relation to how much cmkx you own? i dont think it means 1 for 1, no?


Nope it's TRIAXIAL:
http://www.bartington.com/grad03.htm

 


Posted by Upside on :
 
Wait a minute. I'll admit that I haven't read this whole thread but I did just read their latest p/r about the CIM shares. Aren't these the same shares that we were supposed to get back in September of last year? Many people still have them in their accounts, no name attached to them, and untradeable. Is it different this time around? Are we going to get shares in a viable, publicly traded company or just more shares of nothing like last time?
 
Posted by Grasshopper on :
 
It seems we are interpreting "pro rata" differently. It sounds to me that they're simply saying they'll distribute the shares proportionately based on how many shares each investor owns.

[This message has been edited by Grasshopper (edited July 19, 2004).]
 


Posted by noahltl on :
 
quote:
Originally posted by tradingpennys:
Noah... the word "tri-maxial" is spelled correctly. The inventor or company named it. If you do a search you will find the company that has it. If you were to spell it YOUR way... goodluck finding the company.


NOPE It's TRIAXIAL
http://www.bartington.com/grad03.htm

 


Posted by will on :
 
I don't know for sure what it means, but I think in this context, it is an amount in some type ratio, could be one for one or some other ratio ???
quote:
Originally posted by Grasshopper:
It seems we are interpreting "pro rata" differently. It sounds to me that they're simply saying they'll distribute the shares proportionately based on how many shares each investor owns.

[This message has been edited by Grasshopper (edited July 19, 2004).]



 


Posted by will on :
 
Where is Van when I need him, lol.

 
Posted by Grasshopper on :
 
Noah, go directly to the surveyors website...
http://www.goldak-exploration.com/

It shows "Tri-Maxial" on their home page.
 


Posted by Booty Quest on :
 
This baby's gonna run!

(thanks, Bonz)
 


Posted by will on :
 
Been saving that one, BQ?
 
Posted by TradingWizard on :
 
quote:
Originally posted by Booty Quest:
This baby's gonna run!

(thanks, Bonz)


Okay, this is funny now.....I almost fell of the chair seeing this bo....dancing queen.

I better take her off my post....lol

[This message has been edited by TradingWizard (edited July 19, 2004).]
 


Posted by noahltl on :
 
quote:
Originally posted by Grasshopper:
It seems we are interpreting "pro rata" differently. It sounds to me that they're simply saying they'll distribute the shares proportionately based on how many shares each investor owns.

[This message has been edited by Grasshopper (edited July 19, 2004).]



Exactly Grasshopper. You can't distribute 40 billion proportionately to more than 40 billion. You'd have to be in decimals of shares if more.


 


Posted by Bialystock on :
 
Okay, obviously things just got way more complicated and way over my head, so I'll just do what I do best which is sit back and take it all in quietly.

But someone here just promise me they will announce in all caps when I can officially "flip out".

: ) thanks!
 


Posted by Booty Quest on :
 
quote:
Originally posted by will:
Been saving that one, BQ?


LOL! Nope, just stole her off the GZFX thread. She may not last long in this town, so enjoy while you can.
 


Posted by tradingpennys on :
 
Noah,
Do a search with this term:
"tri-maxial magnetic gradiometer". And you will find the company that did CMKM and UCAD.
 
Posted by noahltl on :
 
quote:
Originally posted by Bialystock:
Okay, obviously things just got way more complicated and way over my head, so I'll just do what I do best which is sit back and take it all in quietly.

But someone here just promise me they will announce in all caps when I can officially "flip out".


Bialy: when you finally see the "sell" order filled on your portfolio, and it matches the numbers of your dreams.
: ) thanks!



 


Posted by TradingWizard on :
 
I think this time we got some good pr's, since all we can talk about is terminology, tri-maxial and pro-rata - lol. Like Will said, where is Van when we need him. Van are you in your garden picking crops????
 
Posted by noahltl on :
 
quote:
Originally posted by Grasshopper:
Noah, go directly to the surveyors website...
http://www.goldak-exploration.com/

It shows "Tri-Maxial" on their home page.



OK Grasshopper, let's call this one a draw and put it to bed. The manufacturer says "Triaxial" and the flyboys call it "Trimaxial". Maybe it's that Canadian accent. LOL

 


Posted by TradingWizard on :
 
Yeah blame the Canadians lol
(just kidding)
 
Posted by will on :
 
noah:
Nows the time we need those freaking windbags to disect this PR, and give us the real dope on the pro rata blah blah.
Go find Dr Demon, Think Outside the Box boy, and Zenboy.

[This message has been edited by will (edited July 19, 2004).]
 


Posted by Grasshopper on :
 
Sorry for getting sidetracked with any unnecessary or unproductive comments. I'm just kind of thinking out loud while I try and absorb all the info being presented on this board. Not always easy for a rookie! Thanks to all for continuing to help us newbies along.

As T-Wiz said, its ALL GOOD NEWS!
 


Posted by kguts11 on :
 
The logic expressed in the referenced post is flawed or it is a blatant pump. This PR doesn't prove anything dealing with the O/S of CMKX. It is just as common to do a 1:10 or 1:100 or even 1:1000 as it is to do a 1:1 dividend or spinoff.

Kev


quote:
Originally posted by Bialystock:
I like this post from iHub, but does anyone here agree/verify the logic. I am dumb when it comes to this:
http://www.investorshub.com/boards/read_msg.asp?message_id=3600703


 


Posted by TradingWizard on :
 
Will, Noah will be gone for a while, and we need someone to do DD and read other boards - do you want to volunteer....lol I am sure everyone on this board will appreciate your contribution....
 
Posted by Upside on :
 
I just re-read the p/r and it looks like we will all be getting shares of another non-tradeable company. Same as last time. Another thing, doesn't this p/r look a little amateurish? I can't believe that Mr. Glenn was involved in this one.
 
Posted by will on :
 
I have no idea where other bords are, I just live here. No thank you, I won't visit other boards or volunteer.
quote:
Originally posted by TradingWizard:
Will, Noah will be gone for a while, and we need someone to do DD and read other boards - do you want to volunteer....lol I am sure everyone on this board will appreciate your contribution....


 


Posted by TradingWizard on :
 
quote:
Originally posted by will:
I have no idea where other bords are, I just live here. No thank you, I won't visit other boards or volunteer.

I tried Will. Yeah I live here too and lurk once in a while to see if everything is in order.....

Upside, but looks like they are re-activating the zinc project - so they are not just CIM shares, they will be worth something, imo

"Ron Casavant CEO, and Dave Desormeau Secretary/Treasurer, of Casavant
International Mining (CIM) said, "The company plans to utilize these funds to
initiate a drill program to re-evaluate the known reserves of the George Lake
Zinc Deposit and to establish a course of action for the project. The company
also plans to become a publicly-reporting company." More details will be
released in future news releases."


 


Posted by bill1352 on :
 
the pr does say that cim intends to become a reporting company....i was not around when these older cim shares were distributed and maybe thats part of the over all plan...give shares that can't be bought till after the amount whatever the split will be is deposited into an account...as the one article says there is naked shorting but most companies that claim this problem really has done themselves in...now which is cmkx? it say a quick increase in volume is a key trigger to company screw up well cmkx volume is huge and has held that for a while...maybe it is one of the few that really are naked shorted...i'd be hard pressed to believe cmkx is a scam, there are too many differant companies involved in the mines and something is funny with the volume and no pps movement but 400 billion o/s would go a long way in explaining that. i still think it depends not so much on the o/s but on how much insiders own. if the insiders know that there are large amounts of diamonds from seeing something that isn't public this would include ppl working on-site, drillers ect. then ya know they are not selling no matter what.... i can hear the announcer from the rocky & bullwinkle show in the background...tune in next time for the answers too....
 
Posted by Upside on :
 
TW,
As far as I can tell there is no Casavant International Mining (CIM) company trading on any board. Unless they register for trading on one of them, we get shares in something that for the most part is valueless, just like last time.
 
Posted by will on :
 
Ok this what was on the link a few posts back:

"THAT MEANS OUR O/S IS WAY UNDER 40 B OR ELSE WE WOULD GET A SHARE OR LESS EACH OF CIM. THIS PROVES O/S WAY UNDER 40 B. $$$$$$$$$$$$$$$$$$$$$$"

I have no idea how he figures that. Pro rata being: In proportion, according to a factor that can be calculated exactly.
OK, I can give you one share of CIM for every 10 shares of CMKX you own, now how many O/S of CMKX can there be. I do not believe pro rata means one for one, it is ratio, prorated: To divide, distribute, or assess proportionately. PROPORTINATELY. What is the proportion?
 


Posted by bill1352 on :
 
40 billion goes into 400 billion evenly doesn;t it?
 
Posted by will on :
 
10 times, so if you own 1 million CMKX you might have that plus 100,000 CIM come August 31.
Doesn't tell me a thing about O/S
quote:
Originally posted by bill1352:
40 billion goes into 400 billion evenly doesn;t it?


 


Posted by darrenbaker on :
 
Booty Quest,
I take offence to your she's going to run post.
Respectfully,
Darren

 
Posted by will on :
 
I liked it.
quote:
Originally posted by darrenbaker:
Booty Quest,
I take offence to your she's going to run post.
Respectfully,
Darren


 


Posted by bill1352 on :
 
will....don't believe anyone will find out the o/s till after aug 20th..i too would like to know this # but i'm more interested in insiders #'s because this will give clues to what is in the ground
 
Posted by TradingWizard on :
 
quote:
Originally posted by Upside:
TW,
As far as I can tell there is no Casavant International Mining (CIM) company trading on any board. Unless they register for trading on one of them, we get shares in something that for the most part is valueless, just like last time.

I guess so....

May be Urban decided to do master clean up thus to clean up the CIM non-existing shares (I think daradog is going after them), so later they don't back fire at him....imo

Good night guys...will check in the morning.
Too bad Debi is not around, would love to hear her comments on all this news.

 


Posted by VNGNTN1 on :
 
WILL
Just got back and stepped into S$$t here. Read the PR and need some time to think. This is a very complicated logic going on. I am thinking since CIM was registered a s a corp back in 9/2003 and has restricted trading does not mean they could not have parked some valuable claims there which they are now activiating without allowing trading on stock.This is new territory for me and we will need to butt heads here to figure it out.
Standby for more Gonna read that PR again!
VAN
 
Posted by will on :
 
dardadog's issue was with the broker, Etrade, i think, not CIM.
 
Posted by will on :
 
OK, Van, I'm trusting you here, buddy. You better give it to me English. Break it down like I'm a three year old, so I can understand you.
quote:
Originally posted by VNGNTN1:
WILL
Just got back and stepped into S$$t here. Read the PR and need some time to think. This is a very complicated logic going on. I am thinking since CIM was registered a s a corp back in 9/2003 and has restricted trading does not mean they could not have parked some valuable claims there which they are now activiating without allowing trading on stock.This is new territory for me and we will need to butt heads here to figure it out.
Standby for more Gonna read that PR again!
VAN


 


Posted by Upside on :
 
One last thing, CMKX paid 1 million (to his brother) for 40 billion shares of CIM? That equals a value of .000025 per share or in a nutshell, valueless.
 
Posted by will on :
 
UpMan, do you think this is about value? I hate to admit it, but these mopes just might have a plan. I know I'm confused. I have no idea what this does for them, other than what was alluded to earlier, in the way of exposing shorts. ???????????
quote:
Originally posted by Upside:
One last thing, CMKX paid 1 million (to his brother) for 40 billion shares of CIM? That equals a value of .000025 per share or in a nutshell, valueless.


 


Posted by VNGNTN1 on :
 
WILL
Check this out
CIM has a value of ??? mineral claims + $1m which will be distributed to CMKX on 8/31.
ASSUMING 400bn a/s i CMKX WHICH had a 2:1 split forward last year would mean 10% lifetime mineral rights to CMKX is = to 40bn shares CIM. (Gotta go see how they said it would be paid) but seems $1m will be slpit by a/s.
VAN
 
Posted by will on :
 
OK, so 40B shares of CMI is worth $1M..Anyone know the O/S on CIM, bet not, lol.
 
Posted by Upside on :
 
originally posted by will:
quote:
UpMan, do you think this is about value? I hate to admit it, but these mopes just might have a plan. I know I'm confused. I have no idea what this does for them, other than what was alluded to earlier, in the way of exposing shorts. ???????????

These mopes don't have a plan. Yesterdays p/r and todays don't really tell us anything. Yesterdays p/r says they will issue the UCAD shares "later" and todays says we are getting shares in a valueless, untradeable company. How this affects any naked short position or gives us any indication of the float of this company is beyond me.

 


Posted by Booty Quest on :
 
Couldn't this be a possible start to a merger? Maybe a three-way with UCAD?

Sorry, Darren. <disclaimer> The term 'three-way' in the above sentence is in no way a sexual hint. 'Three' refers to 3 companies, and 'way'...blah blah blah...

Furthermore, women's breasts are not for pleasure in ANY way 'shape' or 'form'. They are a sin, even in clothing. Especially bouncing while in cartoon form, as seen in this author's former post.

shame...shame on the Booty.
 


Posted by VNGNTN1 on :
 
WILL
After reading again, I would say that 10% or 40bn CIM shares will be split up to CMKM shareholders.
THis is another paper shuffle, It does not say whose sahre they are offering thiers ,the companys ,or ours. We never had full rights anyway. Assuming they are offering there shares (company) then Assuming a 400bn a/s CMKX shareholders could expect to see 10 shares of CIM valued @ .000001($1m / 400bn) for each 1000 shares of CMKX
VAN
 
Posted by VNGNTN1 on :
 
BULLETIN
We now have a declared value for CIM shares
VAN
 
Posted by noahltl on :
 
Upside, the value is that the MM's can't get the shares to cover the naked shorts. That's why UC is doing all of this. He's not trying to give away his money to shareholders, he's trying to make the MM's give their's away to us. Gotta keep asking yourself "WHY? is he doing what he is doing.
It's not just magnanimity. When UC and Roger do something now there will always be a partially hidden agenda.
 
Posted by Booty Quest on :
 
magnanimity

\Mag`na*nim"i*ty\, n. [F. magnanimit['e], L. magnanimitas.] The quality of being magnanimous; greatness of mind; elevation or dignity of soul; that quality or combination of qualities, in character, which enables one to encounter danger and trouble with tranquility and firmness, to disdain injustice, meanness and revenge, and to act and sacrifice for noble objects.


 


Posted by Upside on :
 
noah,
I have no idea what magnanimity means. Aside from that though, no one is being forced into a cover position until the UCAD shares are distributed and we have no idea when that will be, and the CIM shares are worth so little that they will have no effect on any market maker who might be short.
 
Posted by will on :
 
Thanks, Van. Then it isn't a one for one distribution, we don't know the distribution yet.

UpMan:
The shares will be accounted for by 8/20/04:

From the 7/18/04 PR:

CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004.

That means CMKX shares will have to be accounted for, thus exposing any shorts at that date.
 


Posted by VNGNTN1 on :
 
NOAH
You know I have not fully bought into the "naked short " theory, only that they will just short more if needed.
I must tell you that if any are short this is becoming exceedinly complicated and will cause tremendous calculations to keep it straight. If I were to bet based on the last 4 days WE WILL SEE several more PR of this nature, which will further complicate this deal.
VAN
 
Posted by will on :
 
And I thought you could complicate a toothpik, fogive me for accusing of you of being difficult, lol
quote:
Originally posted by VNGNTN1:
NOAH
You know I have not fully bought into the "naked short " theory, only that they will just short more if needed.
I must tell you that if any are short this is becoming exceedinly complicated and will cause tremendous calculations to keep it straight. If I were to bet based on the last 4 days WE WILL SEE several more PR of this nature, which will further complicate this deal.
VAN


 


Posted by f15crew on :
 
OK, As you can tell I am verrrrry new here. I have spent the last few months as an investor in this company (a humble 1.3mil shares) reading all of your posts. I have learned much here. I just want to start by thanking all of you for all of the valuable information I have acquired.

Let me first say that I have not invested any more than I am willing to lose. With that said, I am in this for the haul. I plan on selling my 300K on the way up to make some more investing money, but the remaining 1mil - I want to be worth 1mil one day.

One question I have...I am using Ameritrade. I have been under the assumption that my shares were "safe". This appears that may not be entirely true. From what I have gathered today, my shares may not be wearing any pants. If in fact my shares are naked shorted shares? I have made the decision to stick this out because what everyone hear says makes sense about the supply and demand. I we don't sell our shares, the MM's will have to let it run up a bit till they get it to a level where people are willing to sell.

Just wanted to say thanks to all here...not thanks to those (and you know who you are) that can't spell or create a sensible sentence.

Randy
 


Posted by VNGNTN1 on :
 
ANOTHER THOUGHT
UCAD gapped up to $4.50 from 3.50 this morning and did not retreat. Generaly a negative negative opening signal will retreat. My 1m @3 never executed. You will recall yesterday I thought value was flowing to UCAD.
VAN
 
Posted by Upside on :
 
originally posted by will:
quote:
CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004.

Will,
The key word in that sentence is "later". They are only saying that if you hold stock as of 8/20/04 you will participate in the dividend when we decide to pay it. That could be 1 day or 100 years from now and we will never Know how many shareholders there are until they actually pay it.

 


Posted by will on :
 
Still UP, there will be an accounting of the shares 8/20/04, whether the dividend is paid or p|ssed in the street. August 20, there will be a reckoning of shares.
quote:
Originally posted by Upside:
originally posted by will:
Will,
The key word in that sentence is "later". They are only saying that if you hold stock as of 8/20/04 you will participate in the dividend when we decide to pay it. That could be 1 day or 100 years from now and we will never Know how many shareholders there are until they actually pay it.


 


Posted by Upside on :
 
Van,
Were you really considering a 3 million dollar investment in UCAD?
 
Posted by noahltl on :
 
Sorry about the fifty cent word. Magnanimous is a commonly used word in the charity circles. I agree the CIM shares are of little value. But if you're an MM who has been naked shorting, and the brokerage houses call and tell you to produce them, a commodity that isn't available you would have to admit that you have been involved in an illegal operation. They don't want to have to do that, so they will have to buy back all naked shorts before that date. That's where we make our money. This isn't a valuation issue, it's a "squeeze play" issue.
 
Posted by HarryHar on :
 
The point is not that it will make the MM's pay money through their nose to cover or they have to buy CIM shares to give to the nakeds...the point is that they CAN'T buy CIM shares to do it...not like UCAD and how people are saying they can buy UCAD to use for "dividends" on their shorts...
 
Posted by Upside on :
 
originally posted by will:
quote:
Still UP, there will be an accounting of the shares 8/20/04, whether the dividend is paid or p|ssed in the street. August 20, there will be a reckoning of shares.

I'm treading into waters I'm not familiar with but who will be doing the accounting of the shares? My guess is the transfer agent and CMKX. Will this information be given to us?

 


Posted by will on :
 
That I don't know, but it will be a matter of record at that date, whether it will be or must be published then , I don't really know ? ? ?
quote:
Originally posted by Upside:
originally posted by will:
I'm treading into waters I'm not familiar with but who will be doing the accounting of the shares? My guess is the transfer agent and CMKX. Will this information be given to us?


 


Posted by STAR GAZER on :
 
Casavant International Mining is not listed on any of the American or Canadian exchanges and has no SEC filings, but it is supposed to have zinc properties and the price of zinc has been climbing. So it may someday be given a symbol instead of just a series of numbers. Of course we have no idea how many shares would be issued. It can't trade for under .0001 and if the CMKX share count is 400 billion we would get 1 share for each 10 CMKX shares. If our float is 40 billion or less, we get at least a 1:1 share count. If someone has 1 million CMKX shares x .0001 =
$100. If you have 10 million shares it = $1,000. But all of this is pure speculation with absolutely no facts to back anything up. Its just fun stuff plus with the out side chance that there could be some real money involved. Anyway, it seems like, if the MM's have done some naughty naked short selling, then it might give them another incentive to start putting some clothes on their naked shares. And of course, they will continue to try to manipulate people into selling their stock. CMKX was going full steam ahead to an .0005 close, up 25%, when at the very last a sale was put in at .0004 So when someone looks up to see how the stock did they will say darn, it didn't go up any today.


 


Posted by will on :
 
The dividend would be paid to O/S, not the float.

quote:
Originally posted by STAR GAZER:
Casavant International Mining is not listed on any of the American or Canadian exchanges and has no SEC filings, but it is supposed to have zinc properties and the price of zinc has been climbing. So it may someday be given a symbol instead of just a series of numbers. Of course we have no idea how many shares would be issued. It can't trade for under .0001 and if the CMKX share count is 400 billion we would get 1 share for each 10 CMKX shares. If our float is 40 billion or less, we get at least a 1:1 share count. If someone has 1 million CMKX shares x .0001 =
$100. If you have 10 million shares it = $1,000. But all of this is pure speculation with absolutely no facts to back anything up. Its just fun stuff plus with the out side chance that there could be some real money involved. Anyway, it seems like, if the MM's have done some naughty naked short selling, then it might give them another incentive to start putting some clothes on their naked shares. And of course, they will continue to try to manipulate people into selling their stock. CMKX was going full steam ahead to an .0005 close, up 25%, when at the very last a sale was put in at .0004 So when someone looks up to see how the stock did they will say darn, it didn't go up any today.



 


Posted by VNGNTN1 on :
 
PLEASE HUMOR ME FOR A RECAP
1-CMKX has activated a wholly owned subsidiary with no value to pay a paper dividend.
2-CMKX has paid $1m to CIM for 40bn shares of unreported claims.
3-CMKX has declared a dividend in the undeclared future which is derived from a "closely" held or related company for claims yet unproven.
4-Someone related to UCAD know they got a good deal.
- - - - -
NOW
- - - - -
A-With the legal representation & the UC marketing flair WHY the convoluted manuvers
B-Something must be in the works.
C-A value yet undisclosed is known to several who want it badly ????
D-Management is forcing those to jump thru hoops until ??????????
VAN


 


Posted by Upside on :
 
noah,
That's more like a 2 dollar word. I'll tuck it away and use it sometime. I will concede the fact that you have a valid point about the MM's coming up with something that doesn't exist but if it doesn't exist, how is it paid to legitimate shareholders?
 
Posted by will on :
 
UpMan, for the last time, it isn't about value. I know you are not a proponent of the naked short theory, but it sure would expose them. Can you admit that much? Is it a good move or stradegy for the clowns?
Jesus, I might have to apologize for calling them clowns, but I'll never forgive Marvin for that Mt. St. Helena, crap.
quote:
Originally posted by Upside:
noah,
That's more like a 2 dollar word. I'll tuck it away and use it sometime. I will concede the fact that you have a valid point about the MM's coming up with something that doesn't exist but if it doesn't exist, how is it paid to legitimate shareholders?


 


Posted by VNGNTN1 on :
 
quote:
Originally posted by Upside:
noah,
That's more like a 2 dollar word. I'll tuck it away and use it sometime. I will concede the fact that you have a valid point about the MM's coming up with something that doesn't exist but if it doesn't exist, how is it paid to legitimate shareholders?


The MM's are given authority to do business by the government and are so regulated( lightly in the case of naked shorting), but when they sell a share that doesn't exist they place themselves at the mercy of the underlying benefactor "the corporation". If the corporation declares "something"(dividends, splits,etc) which are paid to all legit a/s and MM's don't cover to illegal shares 1 of two things happens:
1-They file banckruptcy
2-lose privledge to operate
THEY WILL COVER
CMKX is peanuts to the big boards and profits there.
VAN


 


Posted by WinsumLosesum on :
 
Has anyone been keeping track of all the times those 10-15 9 million share trades spew forth within milliseconds? It happened today and many other days. It was happening frequently even back in the .0001 days.

Is it safe to assume they ain't orders from normal folk? When we see these trades, can we assume it's either UC or the MMs?

Plus, isn't it possible that the MMs started covering even back at .0001? After all, it's not like they didn't hear about the plans to squeeze them. Were they all so arrogant as to think they could hold their ground and win the war? Or, do you think some were actually smart enough to know when to pack up, cut their losses and move on?

I have no answers, just questions. I'm hoping this sparks some creative discussion from those who know more than I.

(1 BigTip, our resident type-A historian-- Surely you've been keeping track, no?)
 


Posted by noahltl on :
 
The shares exist Upside, and they can be assigned to CMKX shareholders by Urban. But because it isn't being traded on the open market, the MM's can't get ahold of any.
 
Posted by VNGNTN1 on :
 
WILL
EVERYTHING IS ABOUT VALUE!
EVERY STOCK,EVERY TRADE
If you don't understand this you will lose in the long haul.
Yes you swing on short term, but the swings get bigger and the risk increases. The buy low sell high(my max 10%) is a steady accumulation of wealth.
NOAH
YES very good observation,BUT they can still short in reverse proportion to dividend in CMKX.
VAN

[This message has been edited by VNGNTN1 (edited July 20, 2004).]

[This message has been edited by VNGNTN1 (edited July 20, 2004).]

[This message has been edited by VNGNTN1 (edited July 20, 2004).]
 


Posted by noahltl on :
 
I think that tomorrow, we might see the MM's sit on .0005 all day trying to convince everybody that everything is O.K.
They might........but I think tonight they saw that Urban and Roger can put them in a deeper hole if they do. For the many months that I have done DD on this stock, I'll admit that I was a little concerned at the number of businesses that Urban seemed to hold or be involved in. Now I know why, he can keep issuing cross dividends, and putting the MM's in a deeper hole with each one.
 
Posted by Upside on :
 
originally posted by will:
quote:
UpMan, for the last time, it isn't about value. I know you are not a proponent of the naked short theory, but it sure would expose them. Can you admit that much? Is it a good move or stradegy for the clowns?
Jesus, I might have to apologize for calling them clowns, but I'll never forgive Marvin for that Mt. St. Helena, crap.

Will,
Ill admit that todays p/r has a chance of exposing them but again, this is the exact same thing they did last year and it didn't expose anyone or anything so maybe at that time there was no short position? Yesterdays p/r does not specify a payable date which is when (in my opinion) any naked short position would be exposed. I believe that any accounting of the shareholders prior to the payable date would be information known only to the company so it wouldn't have any effect on the naked short position.

 


Posted by RaiderJR on :
 
UC can declare a different dividend a day til the shorts are gone. They just need to take their mdicine and get it over with cause UC isn't playing anymore.

Retire the naked shorts and go home. Give us our money. Life would be better for us all.

Now we have 35 million coming through UCAD if the price doesn't go up more, and 10% of a known zinc deposit, spun off but now back in our hands.
 


Posted by noahltl on :
 
Upside, if the dividend date comes and goes and there are no shares in my Ameritrade account, they're going to hear from me and a few thousand other shareholders wanting to know where they are. At that point I'm sure Ameritrade will be making it know to the MM's just how many there are.
 
Posted by VNGNTN1 on :
 
RJR
Patience my man !
VAN
 
Posted by VNGNTN1 on :
 
NOAH
The shares will be ther on schedule with no value, just like CIM.
This is a PAPER,ROCK SCISSORS deal
UC is desparetly trying to trump opposing positions with stock certificate shuffling.
FOLOW VALUE; FOLLOW VALUE;etc
VAN

[This message has been edited by VNGNTN1 (edited July 20, 2004).]
 


Posted by will on :
 
Van, I meant immediate value as in PPS. The value lies int he exposing the shorts.

UpMan, I can't argue, I don't knw if the will publish the findings or not.

All I know is:
There is a dividend to shareholders of 8/20/04.
There is a diviend to shareholders of 8/31/04. Allbeit in a nontrading company.
Now I'm thinking, where did the million dollars come from lol.

That's it, I had enough tonight. I worked today, and I'm tired. I'll check in the morning see if you guys have figured this out.

Noah, don't forget to get the latest theories regarding this from Dr DoLittle, Think Outside the Box boy, and ZenMaster.
 


Posted by noahltl on :
 
Van, only if there are no naked shorts.
 
Posted by noahltl on :
 
They're all being very quiet tonight. Maybe they knew you were out and about. LOL
 
Posted by RaiderJR on :
 
No value til mining begins. But the mm's have to match paying it for sorts. Where will they get cim shares?????

UC might sell them a few shares at a value price.
 


Posted by RaiderJR on :
 
It seems UC is using the shorts of CMKX to raise the value of his other companies. As their value rises our dividends become worth something.
 
Posted by Upside on :
 
originally posted by noah:
quote:
Upside, if the dividend date comes and goes and there are no shares in my Ameritrade account, they're going to hear from me and a few thousand other shareholders wanting to know where they are. At that point I'm sure Ameritrade will be making it know to the MM's just how many there are.

Noah,
I don't know when you bought into this company but last year they spun off their CIM shares just like this time. If you're on Ameritrade you can find the old p/r's relating to it by retrieving them through the company news screens. To date many shareholders (I'm not one of them) have supposed CIM shares sitting in their accounts and they are unable to trade them. All of the hollering in the world won't make any difference if the same thing happens. You will need to holler at CMKX, not Ameritrade.
 


Posted by will on :
 
Maybe their dumb asses are confused too , lol. Give em time. Actually I can't wait for the wild sh|t that comes from that bunch. LOL
quote:
Originally posted by noahltl:
They're all being very quiet tonight. Maybe they knew you were out and about. LOL

[This message has been edited by will (edited July 20, 2004).]
 


Posted by noahltl on :
 
Well goodnight everybody. Got to get some sleep, going to be standing in a county fair booth for a week. Will try to stop in tomorrow morning and evening and see if you're all playing nice.

Chief of Police LOL
Noahltl
 


Posted by f15crew on :
 
I guess this answers on of my questions. My Ameritrade shares could be naked shorts and therefore are not safe. What happens if that turns out to be true?

quote:
Originally posted by noahltl:
Upside, if the dividend date comes and goes and there are no shares in my Ameritrade account, they're going to hear from me and a few thousand other shareholders wanting to know where they are. At that point I'm sure Ameritrade will be making it know to the MM's just how many there are.


 


Posted by VNGNTN1 on :
 
WILL
pps is the function of trading emotion (at least on the pinks) so value cannot be found there, unless you are trading.
NOAH
Shorts do not affect value only perception.
VAN
 
Posted by COACHPHILM63 on :
 
Hey Gang just a reminder, the first major PR told us of a meeting with other companies in Vegas this week(viewed as wednesday). UC and Roger are giving the NSS ample notice to let this PPS raise or each day the pot thickens.

We now have UCAD div. and more spin off shares of CIM. This time Wednesday we may have other Dividends. From the other companies in the area. I can see right now that Roger and UC is in the making of weaving a web that the MM's cannot unravel. Too many companies envolved for them to cover all angles.
Remember the RUMORS of a .54 cent div. this past weekend? What if the dividend is comprised of several companies that in return will equal an aprox. .54 cent return from several different sources. Makes alot of sense and will cost cmkx very little. Remember they are the ones holding the "Oreo cookie" pictures that will show more than just diamond areas to mine. We will be meeting with other minerial companies in the area, Gold etc companies. All wanting the results of OUR over flight. Again this is just an opinion and nothing more, but sure makes alot of sense.

Happy hunting, this week should be full of new PR's..

Coach
 


Posted by Wallace#1 on :
 
Don't know whether to stay up for this or hit the sack.

Pro-rata could mean any proportion, not just 1 for 1.

BQ - really liked the young lady...took me half an hour to go on to the next post! LMAO

VAN - correct me if I am wrong, but didn't UC, with one of his companies back when, declare or suggest a dividend and later renege on it?

Upside,

You seem to be saying the very same things I was thinking when the release first came out.
I knew you would.

I cannot see much to the CIM dividend either.
No value =s no value. We also agree on the "later" statement.
---------------------------------------
If all or most of the issued and outstanding shares (other than those held by insiders and/or in Treasury) are electronic transactions with the DTC, how in hell will they be able to differentiate between the real ones and the "air shares"? Who's to say Will's are real and someone else's are "naked shorted"? Won't the TA just get what is reported to them? Then what do they do...who decides who is to get any dividends when and if they are paid? What if Upside insists his are the real ones?


The reason I brought up the question about the fly-over by Goldak's aircraft is that I think it is interesting that UCAD is claiming the same thing with another company that CMKX claimed it did with UCAD - and for the same months. Of course, what UCAD said was in a separate paragraph and they may have been referring to their fly-over with CMKX instead of the other company.
 


Posted by Wallace#1 on :
 
Before anyone mentions it, I know all the issued and outstanding would not be electronic...just showing the worst scenario.
----------------------
Further, I can just picture the DTC dumping all their records onto the laps of CMKX's TA, them throwing up their hands in disgust and confusion and laying it right back to UC.

[This message has been edited by Wallace#1 (edited July 20, 2004).]
 


Posted by STAR GAZER on :
 
Even though it is summer, the days are getting shorter for the MM's if they are actually naked shorters. The poem "Mina's Song" seems appropriate. The day has passed beyond our power. The petals close upon the flower. The light is failing in this hour Of day's last waning breath. The blackness of the night surrounds The distant souls of stars now found, Far from this world to which we're bound Of sorrow, fear and death. The gathering darkness takes our souls, Embracing us in chilling folds, Deep in a Mistress' void that holds Our fate within her hands. The strength of silence fills the sky, Its depth beyound both you and I. Into its arms our souls will fly, Our fear and sorrow within its bands.
 
Posted by TeenageTrader on :
 
Ok, I finally caught up with this thread after about 1 1/2 hours of reading. So here is my spin on the whole deal.

1. UC is "investing" in all these companies for two possible reasons.
a. He is giving all the CMKX holders lots of dividends so that they will feel the need NOT to sell our shares, making the MM's more and more desperate and therefore raise the price of CMKX. (In which case we win)
b. He is planning a merger with both companies, as booty stated earlier in the thread. Therefore issuing all these dividends and making all these deals with these companies would not matter because the $1 mill he gave to CIM for example would be given right back when the merger is made, because it is the same company. If this is the case then the MM's are STILL going to have to cover the naked shorts and it would be even harder to make people sell. (we still win)

UC is being very smart about it, he is making it to where noone would want to sell, PR after PR. Its not about how worthless the dividends are, its about the fact he is giving them to us, making us feel like we are getting something, and to people who won't read message boards as closely as us, they see all this news, and think... O man im going to hold onto this.

Also, I would like to add that on pinksheets can anyone guess the top 3 requested quotes? 1. CMKX 2. UCAD 3. CIM

We are going to get paid one way or another, its only a matter of time.

All this of course IMO.
 


Posted by tradingpennys on :
 
quote:
Originally posted by Upside:
originally posted by will:
These mopes don't have a plan. Yesterdays p/r and todays don't really tell us anything. Yesterdays p/r says they will issue the UCAD shares "later" and todays says we are getting shares in a valueless, untradeable company. How this affects any naked short position or gives us any indication of the float of this company is beyond me.

____________________________________
Your absolutely right! If I remember correctly - I saw that CIM went BK. I think it was on the Edgar web site that has the information that I read. Probly filed Ch.11.

I am NOT impressed at all with these so called dividend chump change. You can fool some of the people some of the time...

A couple pages back I posted some info. about SEC and shorting. There are some important points I think may interest some of us.

 


Posted by tradingpennys on :
 
quote:
Originally posted by tradingpennys:



The second part of my post is where alot of things CMKM is doing is blatant by these tell-tale-signs.
__________________________________

SHORT STORIES OR TALL TALES? – WHAT DOES THE SEC’S NEW REGULATION SHO MEAN FOR SHORT SELLERS?
October 27, 2003

Have short sellers conspired to depress the value of dozens of over the counter companies? Or is the short selling conspiracy simply a convenient bugaboo that allows struggling companies to hide behind their own failures?

Optimists hoped that the SEC’s new short sale regulations would help investors answer those questions, but the relatively toothless SEC proposal is unlikely to end the debate.

News of the pending SEC proposal was greeted with anticipation by the champions of those self-described beleaguered OTC companies. Some even tried to spin the new proposal before details were announced – suggesting that it would herald an end to naked short selling.

Those observers were none too pleased with the SEC Staff’s proposals for Regulation SHO, which fell far short of expectations. Regulation SHO would establish new standards for short sales of exchange traded securities – those listed on the New York Stock Exchange and NASDAQ – starting with a two year experiment eliminating rules that bar short selling when a stock's price is falling. That rule, however, would not apply to over the counter stocks.

As far as the OTC markets go, the SEC proposal would make it more difficult to short-sell stocks without actually borrowing the securities, a practice known as “naked short selling.” Traders who short stocks but fail to deliver the securities at settlement would face restrictions, such as being required to pre-borrow the security before shorting it again over the next 90 days. Critics say that this would do little to deter the brokerage firms that enable short selling.

It also would be unlikely to discourage professional short sellers, particularly those who trade outside the U.S. and beyond the reach of domestic regulators.

Are the critics truly displeased – or will they breathe a sigh of relief that the SEC seems satisfied with half measures? That depends upon whether the short selling conspiracy is real or imagined. Undoubtedly, the answer to that question is not a simple yes or no.

In the past year, a host of over-the-counter companies have claimed to be victimized by these “naked” short sellers. For the most part, these companies have several things in common; they are struggling, trade at microscopic prices, have little or no business, have few, or no revenues, have few, or no assets.

In all likelihood there are some over the counter companies that have been victimized by naked short sellers. They justifiably complain that lax short selling rules have adversely affected their prospects.

But how many other companies have jumped on that bandwagon and raised the red flag of short selling to conceal their own shortcomings?

Trying to distinguish between legitimate and feigned complaints, however, is a daunting task – particularly since none of the supposedly aggrieved companies have been able to establish with certainty the alleged naked short selling.

And investors should keep in mind that some of these over the counter companies are architects of their own misfortune, even where short selling is present. Lacking assets or significant revenues, those companies become desperate for cash, and make devastating deals with financing devils. These include arrangements where the company issues massive amounts of stock to their friendly financiers, and agrees to register those shares even before they have received financing. Such arrangements encourage those financial “angels” to short the company’s stock, thereby driving down the stock price, and then cover those short positions with the registered shares they receive (often at a discount) in exchange for their financing.

It’s a win-win for the financiers, who can use proceeds from the short sales to provide the promised funding to the company – and then pocket the excess after they cover their short position by delivering the newly registered shares, which are now trading at a lower price thanks to the shorting scheme.

But it’s a losing proposition for the company, which has effectively provided its own financing, and is left with a severely depressed stock price.

That, of course, is just one scenario – but a very real one.

The naked short selling debate is made even more murky by the fact that it involves so many companies with dubious credentials, and few legitimate prospects. Their eagerness to adopt the mantle of “victim” threatens to detract attention from the handful of over the counter companies that really have suffered from this practice.
http://www.stockpatrol.com/yours/talltales.html

___________________________________________
-> ***Second part***

Regulatory shortcomings have allowed short selling sharks to ply their trade without sufficient accountability. But just how many sharks swim in these waters?


It is impossible to tell since the extent of naked short selling is a matter of conjecture. Companies point to high trading volume and depressed share prices and claim that it is the work of short sellers. They blame brokers and market makers and clearing agencies like the Depository Trust Company. Investors, eager to understand why their holdings continue to plummet, are ready to accept this explanation because, after all, it sounds perfectly plausible.


And sometimes it is - but who is telling the truth?


Sure, naked short sales might account for deeply depressed stock prices - sometimes. There are, however other logical explanations which would just as easily explain these trading phenomena.


The first is also the most obvious: some of these companies have no meaningful value. [b]If a company has few assets, no revenues, no substantial operations, and little realistic expectation of success, it should come as no surprise that its stock trades at pennies, or even a fraction of a cent.


High volume accompanying such meager stock prices is hardly an indication that Wall Street has discovered a hidden gem. Nor is it necessarily a sign that the naked shorters are loose. Think logically. If a stock is already trading at pennies, does it make sense to sell short? Just how many shares would the professional short seller have to sell for that exercise to be worthwhile?


And if the short seller is a pro, wouldn't he be savvy enough to find a more highly priced stock, where the potential spread and profit is significantly better?


Which brings us to a second, more logical explanation for the activity attributed to the short sellers: someone is dumping shares. Is it possible that a bump in trading volume signifies someone selling stock - rather than shorting shares? And are there circumstances where companies might want to avoid acknowledging that shares are being unloaded? You bet there are.


Some companies might be reluctant to admit they placed shares in the hands of the sellers who are dumping them on the marketplace. How might stock find its way into the hands of those sellers? There are a variety of ways, as the following indicates:


Some shares may have been registered on Forms S-8 and then issued to consultants, employees and attorneys who resell them immediately.

Other stock might have been sold to offshore investors under Regulation S, which provides an exemption from registration for shares issued to certain non-U.S. residents. Those offshore shareholders can then resell the shares overseas, immediately.

Shareholders who have held stock for at least one year can sell their holdings, without registration, under the exemptions provided by Rule 144.

Financiers who provide "equity-based" financing for small companies generally receive large allotments of registered stock in consideration for their investment. These investors may sell those shares short in anticipation of their registration, or simply wait until they have been registered and then liquidate their position. Either way, they would be trading in substantial volume.

Then there are PIPES, the popular acronym for private investments in public entities. These private investors receive large numbers of shares in return for providing funding to companies who are desperate for funding. If the PIPE investors are U.S.-based, the shares may be registered. If they are overseas, their shares could qualify for the Reg. S trading exemption. Either way, the investors would be in a position to introduce a large quantity of stock to the public float.

Companies who have been diluting their public shareholders by issuing stock to consultants or insiders, or on favorable terms to financing entities, may be loathe to admit that they are the source of a sudden spurt in volume. In that case, naked short sellers make for a convenient scapegoat.


The problem for investors, and ultimately for regulators, is to separate those companies that have truly been victimized by naked short selling, from those that have not. Ultimately, the public will have to determine who are the pretenders, and who is telling the truth.
http://www.stockpatrol.com/yours/toc.html

[/B]



 


Posted by Prdponce on :
 
from another board

By: honoluludavid
20 Jul 2004, 06:57 AM EDT
Msg. 46579 of 46579
Jump to msg. #
Why the O/S is 400B...

First, let me say that I am long and strong on CMKX. In fact, I think I am a lot longer than many, because I am not going to run for the hills when the 400B O/S that I think exists becomes officially announced on 20 Aug 04. Here is my rationale:

A while back (30 Jun 04), Joel called in to IBC Radio and said that he was told by Pacific that the outstanding shares were 400B. And while others have castigated Joel for saying such, others corroborated his claims with calls of their own. The next week, Pacific was fired. Why? Perhaps because they leaked info that was not supposed to be leaked. Speculation? Of course, but how about this:

If you look at the PR dated 18 Jul 04, you will see that UCAD has a 1-year option to purchase a 10% stake in our mineral claims for $15M. Therefore, although we do not have a specific valuation on the claims yet in the form of a PR, using $150M ($15M/.10 = $150M) is as reasonable as any other estimate, particularly since it is empircally based on numbers within a PR. Obviously, the value of the claims may prove to be more in the future – MUCH more, in fact – but for now, this estimate is as logical any other posited.

Now, has anyone taken the time to find out what $150M is when divided by 400B shares? You guessed it – about .0004, the PPS where we are today. Therefore, could it be that this stock has a huge float and it takes monster volume to get it to move even one tick rather than some MM conspiracy? Why not? Speculation? Of course, but what theory isn’t? Need more? Keep reading:

Yesterday (19 Jul 04), a pro rata dividend was declared for the issuance of 40B shares of CIM to CMKX shareholders as of 31 Aug 04. The keys to this PR are NOT the value of such shares, but the fact that the dividend is pro rata and that this dividend date is after the UCAD dividend date. Let me explain:

The term "pro rata" by definition means that the numbers are proportionately divisible into exact amounts. In other words, CMKX's O/S is divisible BY or INTO 40B (the number of the CIM shares being issued as a dividend). Therefore, our O/S, for example, could be 4B (10:1 ratio of CIM:CMKX shares, where you would receive 10 CIM shares for every 1 share of CMKX you own), 10B (4:1 ratio), 20B (2:1 ratio), 40B (1:1 ratio), 80B (1:2 ratio), ... etc all the way up to 400B (1:10 ratio). Moreover, and contrary to what others have posted, a pro rata dividend can as easily be a fraction (eg, 1:10) as it can a multiple (10:1). As such, the O/S can as easily be 400B as it can 40B or 4B.

Now, given the other two pieces of circumstantial evidence above (the current PPS and confirmation of Joel’s claim regarding the number of shares issued), I believe the O/S is 400B. This would make a neat 1:10 pro rata ratio for the CIM dividend as well, where you are issued 1 share of CIM for every 10 shares of CMKX you own. Speculation? Absolutely, but here’s the final piece of the puzzle – the CIM dividend declaration date of 31 Aug 04.

See, my speculation is that once the O/S is released (which it must be on 20 Aug 04 in order for the UCAD dividend to be issued), people are going to s**t their pants because it is so much larger than everyone speculated. Well, how do you keep shareholders from running to the hills? You keep them aboard by guaranteeing them a reward for their loyalty - say, a dividend at a later date, like 31 Aug, for example. By doing so, you are providing investors incentive to not dump their millions and billions of shares on the market, which, of course, would deflate whatever gains had been achieved. But why would UC do this? Pessimistically, it could be to keep the PPS up. However, I think differently. I think he would do so because he knows we have bigger and better things to come, so while he cannot hide from the truth of the O/S being 400B, he can do whatever it takes to keep us together as a team through the announcement so that we can all benefit from the greater returns down the road.

Speculation? ALL OF IT. But for those who are ready to dismiss my premises, why are they any different from others’? They aren’t. It’s just that they aren’t “pie in the sky” predictions. That’s it. So before you write this post off as nonsense, read it and tell me I haven’t backed up my speculation with logic and numbers. You can’t.

Before I close, know that I did not go through this whole process to bash. I am 50M long on CMKX, have been in since .0001, and am not going anywhere. Why? Because I believe in the potential of this company. In the short term, I do think that MMs have naked shorted the snot out of this stock, and by declaring a dividend of a stock that is not publicly traded (CIM), it will force the MMs to cover, which alone will give us a boost. In the long term, Urbie is sitting on a million-plus acres of mineral rights on land that has turned up hundreds of magnetic anomalies. Add to the fact that he hired a top notch attorney to help oversee affairs and I think we have a winning combination. Again, LONG TERM. Therefore, the question you have to ask yourself is this: IF the O/S is 400B, are you going to sell your shares? And if so, then ask yourself why you invested in the first place. If the answer is you were looking to make a quick buck and it didn’t pan out, then so be it. But if you think you really ARE a long term believer in CMKX, then the announcement of the O/S, if it is 400B, should not throw you for a loop. In short, expect the best, but prepare for the worst, and you’ll be able to manage the swings much easier. Good luck to all.
 


Posted by sneither on :
 
originally posted by noah:

quote:
--------------------------------------------------------------------------------
Upside, if the dividend date comes and goes and there are no shares in my Ameritrade account, they're going to hear from me and a few thousand other shareholders wanting to know where they are. At that point I'm sure Ameritrade will be making it know to the MM's just how many there are.
--------------------------------------------------------------------------------

Noah,
I don't know when you bought into this company but last year they spun off their CIM shares just like this time. If you're on Ameritrade you can find the old p/r's relating to it by retrieving them through the company news screens. To date many shareholders (I'm not one of them) have supposed CIM shares sitting in their accounts and they are unable to trade them. All of the hollering in the world won't make any difference if the same thing happens. You will need to holler at CMKX, not Ameritrade.

** I am one of those who have the 'Restricted' shares sitting in my
Ameritrade account, under the name of
'Casavant Mining'.... hopefully we will
see a value, in a few months (after one year)...
The new 'Dividend'.. I think it too will
sit in our accounts for a year?
Good Luck to us all!
 


Posted by bill1352 on :
 
i agree with the post from another board about the 400 billion o/s...i don't think UC is dishonest just the opposite i think he is an honest blue collar type guy in a business areana or a duck out of water and this is where the lawyer comes in. this is his ballpark. he is at home with the market, #'s of shares, the mm's. i also think the lawyer would not have gotten involved if the diamonds were not there. IMO
 
Posted by pharmdman on :
 
quote:
Originally posted by Booty Quest:
...FarmBoy, you out there? I hope you're not missing all the fun...

Hey 'Panky!! He'e I is!

Rough week at work! Damn! I missed all the fun! or did I? Looks like thing are going to percolate over the next month


 


Posted by noahltl on :
 
Pre-open L2 looks like this:

Bid: 6 x .0004

Ask: 1 x .0005 (guess who)

 


Posted by noahltl on :
 
Pre-open L2 looks like this:

Bid: 7 x .0004

Ask: 1 x .0005 (guess who)
9 x .0006

[This message has been edited by noahltl (edited July 20, 2004).]
 


Posted by noahltl on :
 
I'm sure going to miss being on line today. Stock market "reality show", the MM's have to eat the worms, but we still win. Everybody be careful of the "bashers" I'm sure they will be out in force. And they will not just be yelling "Scam", they'll be subtle, so watch out, read carefully. Know that UC and Roger have a plan, and watch it unfold. We've already seen Act I and Act II, don't miss the rest by selling out too soon.

[This message has been edited by noahltl (edited July 20, 2004).]

[This message has been edited by noahltl (edited July 20, 2004).]
 


Posted by cool1sh on :
 
Thanks Noah.
Hopefully JEFF'll move to 0006 by 9:30

quote:
Originally posted by noahltl:
Pre-open L2 looks like this:

Bid: 6 x .0004

Ask: 1 x .0005 (guess who)
7 x .0006



 


Posted by VNGNTN1 on :
 
NOAH / COOL
Do you agree if Bid-ask begins to separate that would indicate covering ?
1-Picking up extra money
2-Hold off buying
VAN
 
Posted by richnessforeveryon1 on :
 
I read quickly today's and yesterday's posts....
No one is wonder why UC sell now 5% of he's rights on the claims he hold to UCAD.
Let ask the question otherwise....
If you know that you found the biggest diamonds finding in North America would you sell 5% of your claims???
NO AND AGAIN NO......
In my opinion UC will now try to sell his claims (this is only the beginning) to mining companies on the basis of geometric results and this is WHY HE NEED A LEGAL FIRM for represent him.....
Here is the big deal ...not for you the shareholders (again I'm not a shareholder) but for UC....(nice play UC).....
So now you know my own DD........
This explain UCAD price increase like now they have more claims on diamonds fields.
MM's aren't stupid.....so this explain too why CMKX will stay in the 0.0001-0.0005 range....
My opinion is as valid as yours and can be based on yesterday trading day......and perhaps will be valided in the future especially if UC continue to sell his claims to mining companies.....
I guess that you (the optimists) are all wrong.......but perhaps I'm too wrong.
Please stop to criticize my English knowledges and to attack European people with your verbal statements....
Never I said something bad about US people....
Enough is enough...try to be more tolerating and to accept criticisms from other persons or are you so blind men in your investments......
THE TRUTH IS ELSEWHERE

[This message has been edited by richnessforeveryon1 (edited July 20, 2004).]
 


Posted by cool1sh on :
 
I do agree, but not with CMKX.
I think buying will continue with CMKX even though there is a bid-ask spread IMO

quote:
Originally posted by VNGNTN1:
NOAH / COOL
Do you agree if Bid-ask begins to separate that would indicate covering ?
1-Picking up extra money
2-Hold off buying
VAN


 


Posted by VNGNTN1 on :
 
GEE RICHNESS
Give us a good pick !
VAN
 
Posted by richnessforeveryon1 on :
 
I readed last CMKX PR.....
Or I'm stupid or this stuff is too high for me but if I read it correctly now UC give $1,000,000 to himself......
If someone can understand this !!!!!!!
CIM or CMKX or XXX or XXXX or XXX or XXXX all UC companies...
Correct????

[This message has been edited by richnessforeveryon1 (edited July 20, 2004).]
 


Posted by Money_Penny on :
 
READ the last two pages of this thread and LEARN - you don't have to be an english major to figue this out...and even stupid people should understand .
 
Posted by Brad on :
 
For those of us that read more than we participate on this board might I suggest just skipping over any entries by richnessforeveryon1. Makes for quicker scrolling down the page.
 
Posted by Booty Quest on :
 
Hey there, FarmBoy! Welcome back to the partaaay!

Ucad closed at $4.50 yesterday and has an ask of $5.00 right now. Nice!

And now...for an encore presentation:


Try her in slow motion. Clicking on the scroll BAR on the right will pause her until you release. Keep slow-clicking to get the Baywatch effect
 


Posted by richnessforeveryon1 on :
 
quote:
Originally posted by Money_Penny:
READ the last two pages of this thread and LEARN - you don't have to be an english major to figue this out...and even stupid people should understand .

OHHHHHHHHHH Money......you are soooooooooooooooooooooo genious and I'm a poor stupid person.....
Of course you went to New-York last days for meet CMKX legal represent and now you know all..........
Be real...you post here only rumors like me.....
No one know what happent but Van is certainly close the truth (read Van's posts on page 7)

[This message has been edited by richnessforeveryon1 (edited July 20, 2004).]
 


Posted by richnessforeveryon1 on :
 
quote:
Originally posted by Upside:
TW,
As far as I can tell there is no Casavant International Mining (CIM) company trading on any board. Unless they register for trading on one of them, we get shares in something that for the most part is valueless, just like last time.

I agree.....
 


Posted by Money_Penny on :
 
My scrolling stopped with Booty's post LOL. Darren, if you're offended by that then I can't help you. That's just plain funny and not the least bit offensive.
 
Posted by thinkmoney on :
 
hmm. ucad is up today.
cmkx a measley 25 % in 2 days so far.

Whats up with ucad up ann not us?
Show me the money1
i dont care what anyone say because ultimately its the money, who gets it that counts as far as investing.
 


Posted by noahltl on :
 
Juina Mining Corporation Receives Its First Processed Gold from Yellow River Gold Mine
via COMTEX

July 20, 2004

LAS VEGAS, Jul 20, 2004 (BUSINESS WIRE) --

Juina Mining Corporation (Pink Sheets:GEMM) announced today that the Company has received in its office in Las Vegas, its first processed gold from the Yellow River Gold Mine. Juina will continue to process at Yellow River and update and expand its current facilities.

Juina Mining Corporation, a Nevada corporation, has a 49% interest in a joint venture partnership with DIAGEM International Resource Corp. (DGM) in the Brazilian company Juina Mining Mineracao, Ltd. (JMML) JMML holds an 86% working interest in the mining and mineral rights to approximately 1000 hectares (2,471 acres) of diamond bearing land in the District of Juina, Mato Grosso, Brazil -- the "Property 1000." Property 1000 is located in the District of Juina, at the southern region of the Amazon Basin.

Further details relative to this project, and other potential upcoming projects, will be forthcoming in future press releases and at http://www.juinamining.com/.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.

SOURCE: Juina Mining Corporation

Juina Mining Corporation Chris Hanneman, 303-220-8476

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.

 


Posted by richnessforeveryon1 on :
 
quote:
Originally posted by thinkmoney:
hmm. ucad is up today.
cmkx a measley 25 % in 2 days so far.

Whats up with ucad up ann not us?
Show me the money1
i dont care what anyone say because ultimately its the money, who gets it that counts as far as investing.


Its like I said (read my posts)
I can be wrong but trading activity in both positions (CMKX and UCAD) give me right...
 


Posted by noahltl on :
 
I see the UCAD run as being one of two scenarios. Either some of the MM's who are not too naked on this one are trying to get shares for the dividend. Or two, investors who want a piece of CMKX action, want a more substantial, OTC stock like UCAD to invest in. Or it's both.
 
Posted by tradingpennys on :
 
quote:
Originally posted by bill1352:
i agree with the post from another board about the 400 billion o/s...i don't think UC is dishonest just the opposite i think he is an honest blue collar type guy in a business areana or a duck out of water and this is where the lawyer comes in. this is his ballpark. he is at home with the market, #'s of shares, the mm's. i also think the lawyer would not have gotten involved if the diamonds were not there. IMO

__________________________________
I would speculate to say the lawyer is there NOT because of diamonds, But because he is getting cash money! While we get hot air! lol

 


Posted by WinsumLosesum on :
 
Has anyone been keeping track of all the times those 10-15 9 million share trades spew forth within milliseconds? It happened yesterday and many other days. It was happening frequently even back in the .0001 days.

Is it safe to assume they ain't orders from normal folk? When we see these trades, can we assume it's either UC or the MMs?

Plus, isn't it possible that the MMs started covering even back at .0001? After all, it's not like they didn't hear about the plans to squeeze them. Were they all so arrogant as to think they could hold their ground and win the war? Or, do you think some were actually smart enough to know when to pack up, cut their losses and move on?

I have no answers, just questions. I'm hoping this sparks some creative discussion from those who know more than I.

(1 BigTip, our resident type-A historian-- Surely you've been keeping track, no?)
 


Posted by Bialystock on :
 
5 MM's on .0005 ask now. I didn't expect to see that today. Wonder if someone will pop in at .0004 ?
 
Posted by tradingpennys on :
 
Please note: UCAD sold 500 shares this am. And the price of the stock jumped .50 cents. To $5.00 per share. LOL If there isn't an overabundance of CMKX stock on the market I would eat my hat!!!
 
Posted by Brad on :
 
I was able to buy another 2 mil at .0005 today. It filled in about 5 minutes.
 
Posted by Wallace#1 on :
 
Trade Dog - Forgot to do so. Thanks for posting that release on the Goldak fly-over.

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

How about leaving richnessforeveryon1 alone as he asked. He has a right to his opinions and there is not cause to demean him for his command of English or for being an European.

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

Got to go now. Another busy day.
 


Posted by tradingpennys on :
 
quote:
Originally posted by richnessforeveryon1:
I read quickly today's and yesterday's posts....
No one is wonder why UC sell now 5% of he's rights on the claims he hold to UCAD.
Let ask the question otherwise....
If you know that you found the biggest diamonds finding in North America would you sell 5% of your claims???
NO AND AGAIN NO......
In my opinion UC will now try to sell his claims (this is only the beginning) to mining companies on the basis of geometric results and this is WHY HE NEED A LEGAL FIRM for represent him.....
Here is the big deal ...not for you the shareholders (again I'm not a shareholder) but for UC....(nice play UC).....
So now you know my own DD........
This explain UCAD price increase like now they have more claims on diamonds fields.
MM's aren't stupid.....so this explain too why CMKX will stay in the 0.0001-0.0005 range....
My opinion is as valid as yours and can be based on yesterday trading day......and perhaps will be valided in the future especially if UC continue to sell his claims to mining companies.....
I guess that you (the optimists) are all wrong.......but perhaps I'm too wrong.
Please stop to criticize my English knowledges and to attack European people with your verbal statements....
Never I said something bad about US people....
Enough is enough...try to be more tolerating and to accept criticisms from other persons or are you so blind men in your investments......
[b]THE TRUTH IS ELSEWHERE

[This message has been edited by richnessforeveryon1 (edited July 20, 2004).][/B]


_________________________________________
Ahhh... Very well put! I figure and have stated here before - This company is only ligit if they are drilling for diamonds. Well they aren't! And UC is lining those BIG FAT pockets of his while singing "Screw the rest!"

 


Posted by tradingpennys on :
 
quote:
Originally posted by thinkmoney:
hmm. ucad is up today.
cmkx a measley 25 % in 2 days so far.

Whats up with ucad up ann not us?
Show me the money1
i dont care what anyone say because ultimately its the money, who gets it that counts as far as investing.


_________________________
thinkmoney,
Think about it! It is the HUNDREDS of billions of shares.
 


Posted by tradingpennys on :
 
Again - READ again!

Regulatory shortcomings have allowed short selling sharks to ply their trade without sufficient accountability. But just how many sharks swim in these waters?


It is impossible to tell since the extent of naked short selling is a matter of conjecture. Companies point to high trading volume and depressed share prices and claim that it is the work of short sellers. They blame brokers and market makers and clearing agencies like the Depository Trust Company. Investors, eager to understand why their holdings continue to plummet, are ready to accept this explanation because, after all, it sounds perfectly plausible.


And sometimes it is - but who is telling the truth?


Sure, naked short sales might account for deeply depressed stock prices - sometimes. There are, however other logical explanations which would just as easily explain these trading phenomena.


The first is also the most obvious: some of these companies have no meaningful value. [b]If a company has few assets, no revenues, no substantial operations, and little realistic expectation of success, it should come as no surprise that its stock trades at pennies, or even a fraction of a cent.


High volume accompanying such meager stock prices is hardly an indication that Wall Street has discovered a hidden gem. Nor is it necessarily a sign that the naked shorters are loose. Think logically. If a stock is already trading at pennies, does it make sense to sell short? Just how many shares would the professional short seller have to sell for that exercise to be worthwhile?


And if the short seller is a pro, wouldn't he be savvy enough to find a more highly priced stock, where the potential spread and profit is significantly better?


Which brings us to a second, more logical explanation for the activity attributed to the short sellers: someone is dumping shares. Is it possible that a bump in trading volume signifies someone selling stock - rather than shorting shares? And are there circumstances where companies might want to avoid acknowledging that shares are being unloaded? You bet there are.


Some companies might be reluctant to admit they placed shares in the hands of the sellers who are dumping them on the marketplace. How might stock find its way into the hands of those sellers? There are a variety of ways, as the following indicates:


Some shares may have been registered on Forms S-8 and then issued to consultants, employees and attorneys who resell them immediately.

Other stock might have been sold to offshore investors under Regulation S, which provides an exemption from registration for shares issued to certain non-U.S. residents. Those offshore shareholders can then resell the shares overseas, immediately.

Shareholders who have held stock for at least one year can sell their holdings, without registration, under the exemptions provided by Rule 144.

Financiers who provide "equity-based" financing for small companies generally receive large allotments of registered stock in consideration for their investment. These investors may sell those shares short in anticipation of their registration, or simply wait until they have been registered and then liquidate their position. Either way, they would be trading in substantial volume.

Then there are PIPES, the popular acronym for private investments in public entities. These private investors receive large numbers of shares in return for providing funding to companies who are desperate for funding. If the PIPE investors are U.S.-based, the shares may be registered. If they are overseas, their shares could qualify for the Reg. S trading exemption. Either way, the investors would be in a position to introduce a large quantity of stock to the public float.

Companies who have been diluting their public shareholders by issuing stock to consultants or insiders, or on favorable terms to financing entities, may be loathe to admit that they are the source of a sudden spurt in volume. In that case, naked short sellers make for a convenient scapegoat.


The problem for investors, and ultimately for regulators, is to separate those companies that have truly been victimized by naked short selling, from those that have not. Ultimately, the public will have to determine who are the pretenders, and who is telling the truth. http://www.stockpatrol.com/yours/toc.html


 


Posted by tradingpennys on :
 
CMKX has sold about a 1/2 a BILLION shares and has gone up 1 one HUNDRETH of a penny!!
UCAD still selling only 400 shares and up .50 cents. It doesn't take a rocket sceintist to "finger it out!" (I like saying finger better!) lol
 
Posted by richnessforeveryon1 on :
 
quote:
Originally posted by tradingpennys:
Again - READ again!

Regulatory shortcomings have allowed short selling sharks to ply their trade without sufficient accountability. But just how many sharks swim in these waters?


It is impossible to tell since the extent of naked short selling is a matter of conjecture. Companies point to high trading volume and depressed share prices and claim that it is the work of short sellers. They blame brokers and market makers and clearing agencies like the Depository Trust Company. Investors, eager to understand why their holdings continue to plummet, are ready to accept this explanation because, after all, it sounds perfectly plausible.


And sometimes it is - but who is telling the truth?


Sure, naked short sales might account for deeply depressed stock prices - sometimes. There are, however other logical explanations which would just as easily explain these trading phenomena.


The first is also the most obvious: some of these companies have no meaningful value. [b]If a company has few assets, no revenues, no substantial operations, and little realistic expectation of success, it should come as no surprise that its stock trades at pennies, or even a fraction of a cent.


High volume accompanying such meager stock prices is hardly an indication that Wall Street has discovered a hidden gem. Nor is it necessarily a sign that the naked shorters are loose. Think logically. If a stock is already trading at pennies, does it make sense to sell short? Just how many shares would the professional short seller have to sell for that exercise to be worthwhile?


And if the short seller is a pro, wouldn't he be savvy enough to find a more highly priced stock, where the potential spread and profit is significantly better?


Which brings us to a second, more logical explanation for the activity attributed to the short sellers: someone is dumping shares. Is it possible that a bump in trading volume signifies someone selling stock - rather than shorting shares? And are there circumstances where companies might want to avoid acknowledging that shares are being unloaded? You bet there are.


Some companies might be reluctant to admit they placed shares in the hands of the sellers who are dumping them on the marketplace. How might stock find its way into the hands of those sellers? There are a variety of ways, as the following indicates:


Some shares may have been registered on Forms S-8 and then issued to consultants, employees and attorneys who resell them immediately.

Other stock might have been sold to offshore investors under Regulation S, which provides an exemption from registration for shares issued to certain non-U.S. residents. Those offshore shareholders can then resell the shares overseas, immediately.

Shareholders who have held stock for at least one year can sell their holdings, without registration, under the exemptions provided by Rule 144.

Financiers who provide "equity-based" financing for small companies generally receive large allotments of registered stock in consideration for their investment. These investors may sell those shares short in anticipation of their registration, or simply wait until they have been registered and then liquidate their position. Either way, they would be trading in substantial volume.

Then there are PIPES, the popular acronym for private investments in public entities. These private investors receive large numbers of shares in return for providing funding to companies who are desperate for funding. If the PIPE investors are U.S.-based, the shares may be registered. If they are overseas, their shares could qualify for the Reg. S trading exemption. Either way, the investors would be in a position to introduce a large quantity of stock to the public float.

Companies who have been diluting their public shareholders by issuing stock to consultants or insiders, or on favorable terms to financing entities, may be loathe to admit that they are the source of a sudden spurt in volume. In that case, naked short sellers make for a convenient scapegoat.


The problem for investors, and ultimately for regulators, is to separate those companies that have truly been victimized by naked short selling, from those that have not. Ultimately, the public will have to determine who are the pretenders, and who is telling the truth. http://www.stockpatrol.com/yours/toc.html


Thanks for your post...Its exactly my opinion....
 


Posted by Booty Quest on :
 
So what you two geniuses are saying is to "BUY!!! Buy as much CMKX as possible!!!" Hmmm, good point. I think I will.
 
Posted by Brad on :
 
Has anyone here actually requested any CMKX certificates from their brokers? Were there any issues? I know the downside of holding the actual certificates but I'm still contemplating requesting 25%-50% of them to protect myself in case the naked shares start to be an issue with delivery. I'm long on this so hanging on to a couple of million shares worth of physical certificates doesn't really bother me. Any thoughts?
 
Posted by tradingpennys on :
 
<slapping my forehead> Buy more? of a stock that has been pumped. Remember, "To da moon"? Well the moon hasn't any diamonds, let alone it is a lonely place. Melvin had a sock put in his mouth because if he pumped any more about CMKM drilling ect. Would end up in court in more ways than one. UCAD doesn't even mention us in thier web site as a Joint Venture partner ANYMORE. They used to! The price of our stock fluctuates in hundreths of a cent with MAJOR MAJOR trading. Holy Socks! THIS STOCK IS NOT SHORTED!!
Short sighted is more like it!
 
Posted by Bob Frey on :
 
quote:
Originally posted by Brad:
I know the downside of holding the actual certificates

There is no real downside other than the cost from your broker to issue them and that you must call your broker to sell.
 


Posted by pharmdman on :
 
quote:
Originally posted by Bob Frey:
There is no real downside other than the cost from your broker to issue them and that you must call your broker to sell.

Hi Bob!

I think the downside being referred to is that you cannot 'immediately' trade the stock certificates. That's the only downside that I see. JMHO though.
 


Posted by Money_Penny on :
 
Tina,

calm down and wait a few more days. We will eventually find out what the o/s. Your bashing behavior is uncalled for! I think the MMs are manipulating right now but they cannot keep it up for too long. If nobody sells, they will have to let go. I guess time will tell.
 


Posted by tradingpennys on :
 
Look at CMKX's last financial filing with the SEC. Umm... there aren't much in the way of number's!! 0 = ZERO = nothing = nadda = Not a d*mn thing! As a matter of fact, any numbers as little as they are are listed in () which means minus!! Or in other words it means Negetive.
What has changed since then? Not much! maybe more negetive. I would venture to say. Since there is soooooooooooooo many shares out there looming around.
 
Posted by FasttrackerMo on :
 
The O/S is less than 1 Billion.
This stock is shorted.
We will see it move.

Here is a little story.

Man was in the desert with his camel and a Genie came to him and said to the man. Put sand in your bag on your camel and do not open it until you have reached the city. When you open it you will be both happy and sad. So the man thought strange, but put sand in his bag, but only half full. The next day the man arrived in the city and opened his camel bags. The sand had turned into diamonds over night! Seeing this than man immiediatly was sad that he had not put more sand into his bags, but was happy he had the liitle bit that he had.
To end this story I leave you all with this.
Don't be caught wishing you had more sand.
This will go just wait until we have reached the city.

Thank you,

FastTracker
 


Posted by TradingWizard on :
 
Noah do you mind closing the CMKX III ... thread so it does not get bump up..thnx
 
Posted by tradingpennys on :
 
LOL... Thanks Money_Penny! <taking deep breath> Whew!
 
Posted by Bob Frey on :
 
Hi Pharm,

Yes you can trade the certs but you will need to call your broker to do it since they will not be in your online account. Then like the old days you have 3 days to sign and turn them into the broker.
 


Posted by TradingWizard on :
 
quote:
Originally posted by TradingWizard:
Noah do you mind closing the CMKX III ... thread so it does not get bump up..thnx

Ohh well its done....I must be seeing things.
Who ever did it - thnx
 


Posted by Money_Penny on :
 
TradingWizard,

That thread is nowhere near the top. Try refreshing your browser!
 


Posted by TradingWizard on :
 
quote:
Originally posted by Money_Penny:
TradingWizard,

That thread is nowhere near the top. Try refreshing your browser!


Done....thnkx


 


Posted by onthemark on :
 
first thing the short sellers are not worried about the issue of 1/2 of a cent or 50 cents its all relitive its the % that matters if ucad is at 4.00 and it goes up 50 cents that would be a12.5% gain if cmkx goes up from .004 to .005 thats 25% if you had 10000 to put in one wich profit would you rather take home and wich stock has movement more times a day
 
Posted by tradingpennys on :
 
WHOA! Money_Penny... I WASN"T bashing. I am stating facts. I am in this stupid stock by approx. $14,000.00. Would a basher spend all the money they had to BASH IT? I hardly think so. I am trying to get some idea's flowing here other than the obivious and the oblivious. OBVIOUSLY almost everyone on here is deaf to anything other than hype. Give me a break!!
 
Posted by onthemark on :
 
quote:
Originally posted by onthemark:
first thing the short sellers are not worried about the issue of 1/2 of a cent or 50 cents its all relitive its the % that matters if ucad is at 4.00 and it goes up 50 cents that would be a12.5% gain if cmkx goes up from .004 to .005 thats 25% if you had 10000 to put in one wich profit would you rather take home and wich stock has movement more times a day

its not rocket science???????? do the math!!!!!!!
 


Posted by Upside on :
 
originally posted by fasttrackerMo:

quote:
Here is a little story.

Man was in the desert with his camel and a Genie came to him and said to the man. Put sand in your bag on your camel and do not open it until you have reached the city. When you open it you will be both happy and sad. So the man thought strange, but put sand in his bag, but only half full. The next day the man arrived in the city and opened his camel bags. The sand had turned into diamonds over night! Seeing this than man immiediatly was sad that he had not put more sand into his bags, but was happy he had the liitle bit that he had.
To end this story I leave you all with this.
Don't be caught wishing you had more sand.
This will go just wait until we have reached the city.

Thank you,

FastTracker


Without knowing it you've probably just started another rumor. Urban was seen in the desert around Las Vegas with a Genie! He was carrying bags of sand too but according to Sterling they were really bags of diamonds!


 


Posted by Money_Penny on :
 
Tina,

I know you're not a basher. But the tone of your posts was getting more and more negative and you were starting to sound like richness and co.

I think you are falling into their trap!!!
 


Posted by tradingpennys on :
 
Trap is CMKM. Not anyone else!
 
Posted by Brad on :
 
quote:
Originally posted by tradingpennys:
Trap is CMKM. Not anyone else!

For someone who is long in this you sure do say things that would appear as attempts to shake people's confidence in it. Which ultimately would be bad for you if people were to sell early because MM's would be able to cover sooner rather than pushing the pps up. I'm not saying you're a basher either but you're also not doing yourself any favors by saying CMKM is a "trap".
 


Posted by cool1sh on :
 
I have an idea..
Sell your cmkx and leave ..

quote:
Originally posted by tradingpennys:
Trap is CMKM. Not anyone else!


 


Posted by Money_Penny on :
 

From another board.


SMELL THE BASHERS
« Thread started on: Today at 12:42pm »

--------------------------------------------------------------------------------
For those of you who were around when we had our .0011 run, do you remember the week before?

The official CMKX website was loaded with bashers. Actually the few days before our run, there were just about as many bashers on the board as there were shareholders. It seemed like every other post was a basher strutting their stuff.

I haven't seen a lot of bashing on this board for many weeks now. However, the last couple of days, things seem to be warming up. It is without question coming to a time when we will be surrounded by the enemy.

Remember the last time. The MM's HAVE to loosen shares from our hands. They will do everything in their power including fake pr's (we saw those), terrible news comments from other websites (saw that with Janice) and loads of infiltrators sent to our boards that first gain our trust, then they send out mixed messages creating doubts in our minds. I've said it a hundred times and I'll say it again;
BEWARE OF WOLVES IN SHEEPS CLOTHING. Those we have come to respect (like Joel) might turn out to be a MM spy and setup. Use the official information to make your own rational decisions. DO NOT USE SPECULATED INFORMATION on this board or any other. You must rely on your own instincts to tell you what to do rather than follow someone else. Think about those (and I'm sure there were several) that dumped their shares when Joel dumped his. He is a perfect example of a supposed guru trusted by newbies. These types will take you down on behalf of the MM's. They are already here. Believe me when I tell you that. They will wait for the right opportunity to create doubt and distrust in CMKX.

Think hard about what is going on. Be strong. We will be tested many many times along the way over the next 4 weeks. I expect to see quick spikes and quick falls back down to make it appear that it is short lived. All we will have to compare it too is the last .0011 run and them taking it down to .0003. BUT DO NOT BE FOOLED. They cannot hold it down for any lenght of time with all that has and is going to happen. Remember they make money on both the run up and the run down. If they make enough, they can cover their losses. But if you sell, you will kick yourself (just like Joel now if he really did own shares) when it runs the other way. The **** is hitting the fan. And lots of stinky stuff is going to be flung in a lot of different directions. Put your goggles on and see through it all and guess what, YOU AND I WILL BEAT THEM!

And to coin Uncle Melvin's term; You can take it to the bank!

All is STILL better than well.

Mike
 


Posted by Flattop1 on :
 
quote:
Originally posted by tradingpennys:
Trap is CMKM. Not anyone else!

I normally sit by and read these posts and decypher truth from fiction. I intentionally give every post consideration. However, I have heard all I care to hear from some of these BASHERS and yes tradingpennys you appear to be one of the biggest bashers. If you are a basher then please stop and go away. On the flip side, if not, then provide informative supportive information in a way that we enjoy your point of view and not just scroll past it. All negatives quickly turn people off. Think about it...JMHO
Go CMKX.....Long and strong

------------------
Remember to pray for our service members everywhere.
 


Posted by futuresobjective on :
 
doesn't it bother anyone else that they are taking money from one hand and putting it into the other. Thats what I understood from the last pr... any other explanations are welcomed...
 
Posted by XchangeMODE on :
 
THE PRICE WILL MOVE WHEN THE COVERING DIMISHES
THHE QUESTION REMAINS ARE THEY NAKED OR DRESSED
AND TO THAT FALSIFIED DOCUMENT THAT STATED A BILLION SHARE COUNT.
I GUESS THAT`S WE HAVE TO WAIT LONGER BECAUSE SOME SECRETARY AT PACIFIC S.T. GOT PAID OFF
A DIVIDEND ON 400 BILLION???
I DON`T THINK SO.
 
Posted by VNGNTN1 on :
 
FASTRAK
That was a nice story,which has a point, which I interpret to be there is no city close to them thar diamonds.
VAN
 
Posted by Jhgrr2 on :
 
What are the chances anyone could sucessfully DAytrade this stock right now? buy in a 0.0004 and sell at 0.0005



 


Posted by onthemark on :
 
YEP I agree all I see here is tradingpennies foaming at the mouth do us all favor back your ignorant nonsense or just stick your head in the toilet and flush!!!
 
Posted by JBCak47 on :
 

Okay, my money cleared and I now own 2,740,000 shares of CMKX!!!

My mother bought 200k today and my father owns 600k shares as well. The family total is 3,540,000 CMKX shares!!!!

I have a buy order in for 370k more shares at .0003 just in case there is some dip, I want to be in line to get on it!!!!

Next Monday I plan on purchasing at least another two hundred dollars!!!!!!

I am so happy, 2,740k shares for me, yeahhhhhhh babbyyyy!!!!

P.S. Where are my boys Pharm and Stoned?!?!? Upto no good In my honest DD-Opinion! hehe...

-John-
 


Posted by WWJD-thru-me on :
 
Tina, I understand your concern. I have about the same amount of money invested here as you-possibly more since I am still buying. I am convinced it is naked shorted and regardless of the true outstanding share count I believe I will see a fabulous return on my investment. I think that this stock will have more bashers as the time gets closer. At some point I think the stock will have to run to shake out shares. If the price stays put I will be buying more. My funds will clear tomorrow for more so I hope the price stays the same.
As far as the CIM dividend -if that isn't available to buy then that is brilliant. That will force a cover. As much as this price has been sat on I hope it skyrockets so high and so fast as they have to cover. For everyone who has been tricked or scared into selling; I hope that the MM's lose to the same degree or more. I really hate to see anyone taken advantage of.

Noah-I liked your big word today-I didn't think it was too difficult although I was feeling a bit under the weather with a touch of pnuemonoultramicroscopicsilicovolcanoconiosis
but I am much better now. Have a prosperous week.

Hi Wallace-Glad to see you back here.

Glad to see everyone else. -GLTA-DD-IMO-Debi
 


Posted by pharmdman on :
 
quote:
Originally posted by JBCak47:
...P.S. Where are my boys Pharm and Stoned?!?!? Upto no good In my honest DD-Opinion! hehe...

-John-


¡Estoy aquí!

I'm just watching and waiting.... how've you been JB?
 


Posted by sarki316 on :
 

OTCPro.com Stock Picks for Wednesday: UCAD, CMKX, BRMN, ATNG
July 20, 2004: 8:44 a.m. EST

BOCA RATON, FL (Market Wire) - OTCPro.com announces its list of stocks to watch! These stocks are looking to move!

OTCPro.com adds US Canadian Minerals Inc (OTC BB: UCAD) to its Stock Pick List. UCAD is new to OTCPro, and just announced great news! US Canadian Minerals Inc is a multi-dimensional, mineral-based corporation headquartered in Las Vegas, Nevada. Watch this stock; it could break out on the upside in the near term! Other stocks looking to move are:

CMKM Diamonds, Inc. (OTC: CMKX) has agreed to invest US$1,000,000 in Casavant International Mining referred to as (CIM). CMKM Diamonds,Inc. will receive in return a 10% lifetime royalty on all mineral claims of CIM , specifically including the George Lake Zinc Deposit.


 


Posted by XchangeMODE on :
 
SORRY I MEANT FALSE DOCUMENT FOR
400 BILLION
SHARE COUNT OR MORE LIKELY IT WAS JUST A SECRETARY THAT GOT PAID OFF TO SAY THAT OVER THE PHONE
I TALKED TO MY FRIEND AN EX FUTURE TRADER
HE SAID OF COURSE THEY WOULD GO THAT FAR

400 BILLION OUTSTANDING SHARES IS TOTALLY OUT OF THE QUESTION!!!!!!!!!!!!!
IT DOESN`T MAKE ANY SENSE AFTER ALL THE PAST EVENTS

THE SHORT SCENARIO IS MOST LIKELY A CASE
A HIGH VOLUME MANIPULATED SECURITY IS PERFECT FOR THAT
I MEAN NOT EVEN A FOOL WOULD SHORT UCAD
AND I HOPE EVERYBODY KNOWS THAT THEIR
OFFICES IN L.V. ARE NEXT TO EACH OTHER
maybe somebody can elaborate on that


BUT WE ARE TRADING AT 400 BILLION LEVELS AS IF IT WAS 400 AND NOT 40 OR 4 BILLION
THAT IS 0.0005 OR 0.005 OR 0.05
RESPECTIVLY WITHOUT A DIAMOND FIND!
 


Posted by futuresobjective on :
 
I still don’t get it... can someone please tell me what all the excitement is over that last pr? I read it over quickly, and the way I see it, its the same as me saying I am going to take 100 dollars out of my right pocket and move it over to my left pocket. Then any money that goes into my left pocket, 10% of that will go back into my right pocket. What is the big deal about that? Either way both pockets are mine and 100% of any money in them is mine, unless I fall victim to a pickpocket trying to short me what’s mine... any opinions please?

------------------
Hind sight is 20/20
The few profit from the many
*Live as if you were to die tomorrow.
*Learn as if you were to live forever.
-Mahatma Gandhi
 


Posted by XchangeMODE on :
 
by the way i asked my brokerage ,just to asure myself again if MARKET MAKERS would short this security.

THE answer was:

M.M. would normally not short a pink sheet ,because pink sheets often trade on low volume , BUT IN THIS CASE...

IT IS VERY LIKELY ,BECAUSE OF IT`S HIGH VOLUME.
NAKED OR DRESSED (that is the question)
The naked happens if m.m. want to execute their orders in order to perform and get their commission)
SO I would say that`s a very likely scenario

BY THE WAY TECHNICALS LOOK GOOD,FINALLY
IT LOOKS LIKE A TURNAROUND

in the last month or so it always looked like a CHART THAT WANT`S
TO
BREAKOUT!!



 


Posted by cool1sh on :
 
Future-
I guess it doesn't make any diff for the company. For us also I think CIM shares are useless. But if the CMKX is naked shorted soo much, MMs will have to cover. They can not obviusly naked short CIM as they are not traded, so they have to cover CMKX.
If you want to think possitively or if you are optmistic these sentences make sense. If you are nagative or want to bash you can come to some other conclusions.
 
Posted by XchangeMODE on :
 
THIS WHOLE DIVIDEND IS ABOUT TRAPPING THE SHORTS
AND THEY ARE COVERING WHILE THEY THEY ARE TRYING TO KEEP THE PRICE DOWN.LOOKING AT SIZE AND TRADING PATTERNS
 
Posted by futuresobjective on :
 
quote:
Originally posted by cool1sh:
Future-
I guess it doesn't make any diff for the company. For us also I think CIM shares are useless. But if the CMKX is naked shorted soo much, MMs will have to cover. They can not obviusly naked short CIM as they are not traded, so they have to cover CMKX.
If you want to think possitively or if you are optmistic these sentences make sense. If you are nagative or want to bash you can come to some other conclusions.

thanks for the reply... I am kind of stuck in the middle at the moment. I have an order in at 0.0001 (I even laugh at it myself at this point, but you never know... I will probably up it to 0.0002) I see some pos. sides and neg. sides... I guess such is the game... thanks again.
 


Posted by Brad on :
 
For the life of me, I just can't figure out why the mm's aren't buying back the shorted shares. This is day 2 since the PR regarding the dividend and you would think that mm's would see the requirement to cover as inevitable. Selling still far exceeds buying as of today. Why would they do that?
 
Posted by sarki316 on :
 
Brad. Just keep a eye on this stock. Tomoorow we will see action on this. Tomorrow might be the day it hits .50!!!!!!

quote:
Originally posted by Brad:
For the life of me, I just can't figure out why the mm's aren't buying back the shorted shares. This is day 2 since the PR regarding the dividend and you would think that mm's would see the requirement to cover as inevitable. Selling still far exceeds buying as of today. Why would they do that?


 


Posted by Wallace#1 on :
 
Brad,

Bob Frey is 100% correct about still being able to trade the physical certificates.

I doubt it will make much difference in the end, but if I were you I would demand at least 50% of my holdings of CMKX in physical certificates. Then, if this is naked short sold as so many claim, you would be able to say your physical certificates are not because they would have to have come by and through CMKX's Transfer Agent. Then, there is a record with them as to those particular shares.
-------------------------------------------
Some of you may remember, I suggested that you get your physical certificates a long while back.
Two reasons:
One, your rights would be better protected.
Two, if there is a huge amount of naked short selling, it would force the issue out.
-------------------------------------------
Tradingpennys, Will, Upside, futures, and a few others -

It is nice to see some open minds on this thread.
-------------------------------------------
BQ -

Stop it!! I have a serious problem taking my eyes away from that young lady. Needless to say, I am not offended. LOL

 


Posted by jb1183 on :
 
quote:
Originally posted by sarki316:
Brad. Just keep a eye on this stock. Tomoorow we will see action on this. Tomorrow might be the day it hits .50!!!!!!


I hope you don't seriously think that.
 


Posted by Brad on :
 
quote:
Originally posted by sarki316:
Brad. Just keep a eye on this stock. Tomoorow we will see action on this. Tomorrow might be the day it hits .50!!!!!!


Not likely. I'm a realist here.


 


Posted by justplayin on :
 
Hmmm.... Just a scary thought in that I am a holder in this stock.

What if the company (a NON-reporting company)has made available the total OS and there is not any shorting?????

OUCH!!! What a terrible thought.
 


Posted by STAR GAZER on :
 
Nice, spent most of day at .0005 and never lower than .0004 Two min till close and still at .0005
 
Posted by kevy0899 on :
 
Hi everyone. I am new to posting here. I was just curious as to what price you all would consider selling at? I don't know what to do if this stock were to run. Opinions would be appreciated.
 
Posted by Money_Penny on :
 
Sarki,

Why don't you put a sock in it. You're no better than the bashers. If you don't have anything constructive to add, then please don't add anything at all.
 


Posted by DeadSurf on :
 
so anyone think we're going to see another pr come out tonight ir early this morning?
 
Posted by sarki316 on :
 
Here is the whats going to happen tomorrow. CMKX WILL HIT THE PENNY RANGE. REASON BEHIND IT IS THAT SEE HOW UCAD WENT SO HIGH UP WITH LITTLE VOLUME. IT WAS 3.40 ON FRIDAY AND NOW IT IS AT 5.00. THINK!!!!!!! THINK!!!!!!! THINK!!!!!!!


WHY DID IT MOVE SO HIGH UP ON LITTLE VOLUME EASY BUY!!!! THE KEY WORD IS BUY!!!! TOMORROW CMKX WILL PUT A BID IN AT .01 AND SOMEBODY FROM UCAD WILL BUY IT AT THAT PRICE. BOOM THERE IS YOUR .25. THE MONEY THAT WAS MADE ON UCAD WILL BE USED TO PUMP CMKX TO THE PENNY RANGE. THAT IS HOW STOCK WORK BOYS AND GIRLS. IT ALL LEADS TO THE HIGHER UP BOARD OF DIRECTORS.

THAT IS HOW A STOCK GOES UP. JUST WATCH THIS STOCK TOMORROW.
 


Posted by kjs69 on :
 
Everyone is different with different targets, myself, I have 1M @ 0.0007 so I'm waiting to get my $700 back w/200k @ 0.0035 then the rest just sit and see what happens. If it never makes it that high then I guess I'm out $700. But I'm holding for the long haul.


quote:
Originally posted by kevy0899:
Hi everyone. I am new to posting here. I was just curious as to what price you all would consider selling at? I don't know what to do if this stock were to run. Opinions would be appreciated.

------------------
kjs69

Are you addicted when Allstocks.com is your homepage?
 


Posted by Brad on :
 
quote:
Originally posted by kevy0899:
Hi everyone. I am new to posting here. I was just curious as to what price you all would consider selling at? I don't know what to do if this stock were to run. Opinions would be appreciated.


Kevy,
You should get answers ranging from getting out after a 10% gain in your investment, all the way to, wait until it's at least $1 or more to stick it to the MM's. For me, I orginally had an exit strategy that had me selling shares in this order. Roughly.

10% - .005
25% - .01
50% - .1
25% - 1.0
15% - Long term

That, to me, seemed like the safest exit strategy to steadily get back money I've invested and still see excellent profits on the way up. However, depending on the news that comes out (i.e. new PR's prior to Aug. 20th) I will probably hold all of my shares at least through that date to see what the MM's will do as they try to cover.

I truly hope I'm wrong about how high this will go before the 20th but I just don't believe it will hit the levels that everyone thinks it will during this period. Please let me be wrong because I would love to sell off my 8 mil shares at a $1 or more per share. But the bottom line is that if it climbs incrementally to that level prior to the 20th of August I won't be selling it off at the levels I oulined above. If it reached $1 I might be more inclined to sell off 75% at that point and hold 25% long.

Bottom line you'll have to do what you're
comfortable with and will allow you to sleep easy at night. JMHO
 


Posted by singlemom on :
 
I don't think he has been involved in the last 3 or 4 PR's, as a matter of fact hasn't he only done 1 or 2? It makes me wonder if he is still involved and if so at what level!

____________________________________________

quote:
Originally posted by Upside:
I just re-read the p/r and it looks like we will all be getting shares of another non-tradeable company. Same as last time. Another thing, doesn't this p/r look a little amateurish? I can't believe that Mr. Glenn was involved in this one.

--------------------------------------------
May God bless us all in our investments.

[This message has been edited by singlemom (edited July 20, 2004).]
 


Posted by BroBro on :
 
quote:
Originally posted by sarki316:
Here is the whats going to happen tomorrow. CMKX WILL HIT THE PENNY RANGE. REASON BEHIND IT IS THAT SEE HOW UCAD WENT SO HIGH UP WITH LITTLE VOLUME. IT WAS 3.40 ON FRIDAY AND NOW IT IS AT 5.00. THINK!!!!!!! THINK!!!!!!! THINK!!!!!!!


WHY DID IT MOVE SO HIGH UP ON LITTLE VOLUME EASY BUY!!!! THE KEY WORD IS BUY!!!! TOMORROW CMKX WILL PUT A BID IN AT .01 AND SOMEBODY FROM UCAD WILL BUY IT AT THAT PRICE. BOOM THERE IS YOUR .25. THE MONEY THAT WAS MADE ON UCAD WILL BE USED TO PUMP CMKX TO THE PENNY RANGE. THAT IS HOW STOCK WORK BOYS AND GIRLS. IT ALL LEADS TO THE HIGHER UP BOARD OF DIRECTORS.

THAT IS HOW A STOCK GOES UP. JUST WATCH THIS STOCK TOMORROW.


With all your ridiculous predictions in mind Sarki, we'll all keep an eye on this tomorrow. If it doesnt hit .25 or even .01 (as you said), hell, if it doesnt even hit .001, then your credibility, or whats left of it, will be nil. Agreed? OK boys and girls, Sarki says we'll all be millionaires tomorrow, start deciding on the color of your Hummer....
Hey no offense Sarki, we all like to pretend. Now finish your homework and do your chores.
 


Posted by richnessforeveryon1 on :
 
quote:
Originally posted by tradingpennys:
WHOA! Money_Penny... I WASN"T bashing. I am stating facts. I am in this stupid stock by approx. $14,000.00. Would a basher spend all the money they had to BASH IT? I hardly think so. I am trying to get some idea's flowing here other than the obivious and the oblivious. OBVIOUSLY almost everyone on here is deaf to anything other than hype. Give me a break!!

I agree....we need more people here which share with us her ideas about this stock.
people which hype (generaly 20 years old people which have still a lot to learn) we needn't.
Dreamers please leave this board...
We need here some people with serious trading background....
 


Posted by bill1352 on :
 
well i get to miss the next few weeks of our never ending soap opera at least during the day. i'm siding with the 400 billion shares point of veiw i do believe it is shorted but in no way as much as ppl want to believe. i believe this because i'm think insiders hold over 50% of the o/s and at some point in the next month or so this info will come out. i also believe this even more strongly because of the cim shares deal, give shareholders something mm's can't buy. i'm guessing the lawyer saw how UC was handling the business end of cmkx and just about puked...he told him to get cim up and running just to keep him busy & out of the way. i also think those of us with 1 or 2 million shares are going to end up with a few hundred shares because at some point a r/s will happen...i think the wallaces in here are right but i also believe the wwjd's in here are right only that both are 1/2 right...all these naked shorts and shares of other companies make for nice icing on the cake but first we need a d**n cake as in digging up a few diamonds
 
Posted by TradingWizard on :
 
I am with you BroBro

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


Posted by TradingWizard on :
 
quote:
Originally posted by richnessforeveryon1:
I agree....we need more people here which share with us her ideas about this stock.
people which hype (generaly 20 years old people which have still a lot to learn) we needn't.
Dreamers please leave this board...
We need here some people with serious trading background....

richnessforeveryon1 who are you to make such decisions - now I am really offended!!

Watch out for Allstocks, with statement like that you are discouraging new visitors.


[This message has been edited by TradingWizard (edited July 20, 2004).]
 


Posted by sarki316 on :
 
BRO BRO
Your tell me that you have no faith in CMKX????? Question?? Why do you buy a stock????? MMMMMMM to make money right. Okay then. BROBRO I really think you have no clue on how stocks work. WHY DID YOU BUY CMKX FOR??????

YOU MAKE ME LAUGH!!!!! YOU HAVE NO FAITH IN THIS STOCK.

quote:
Originally posted by BroBro:
With all your ridiculous predictions in mind Sarki, we'll all keep an eye on this tomorrow. If it doesnt hit .25 or even .01 (as you said), hell, if it doesnt even hit .001, then your credibility, or whats left of it, will be nil. Agreed? OK boys and girls, Sarki says we'll all be millionaires tomorrow, start deciding on the color of your Hummer....
Hey no offense Sarki, we all like to pretend. Now finish your homework and do your chores.


 


Posted by casico on :
 
quote:
Originally posted by tradingpennys:
Look at CMKX's last financial filing with the SEC. Umm... there aren't much in the way of number's!! 0 = ZERO = nothing = nadda = Not a d*mn thing! As a matter of fact, any numbers as little as they are are listed in () which means minus!! Or in other words it means Negetive.
What has changed since then? Not much! maybe more negetive. I would venture to say. Since there is soooooooooooooo many shares out there looming around.

Tell me this WHy are you here??
 


Posted by richnessforeveryon1 on :
 
quote:
Originally posted by Money_Penny:

From another board.


SMELL THE BASHERS
« Thread started on: Today at 12:42pm »


I want seriously to leave this board like I have other serious things to do but I have fun like a kid here......
Its amazing to see how people with brain can profit from persons credulous like you....so fortunes are build.
People you have all the facts before you and you don't see them.....
Its amazing...........
Your enfancy in trading and age explain certainly your attitude........
In a few years you will all laugh (like me I laugh now when I think how stupid I was one decade ago)about you....
Me too I thought all was easy and that the world was a paradise......
Let me tell you something...
EVERYBODY IN THE WORLD WILL ONLY ONE THING FROM YOU.....GUESS.....ITS YOUR MONEY GUYS
Your boss, your church, your grocer,your boyfriend, your neighboor, YOUR CLOSED FRIEND........and you want the money from your neighboor....ISN'T??????
And UC is not an exception..........

 


Posted by BroBro on :
 
[QUOTE]Originally posted by sarki316:
BRO BRO
Your tell me that you have no faith in CMKX????? Question?? Why do you buy a stock????? MMMMMMM to make money right. Okay then. BROBRO I really think you have no clue on how stocks work. WHY DID YOU BUY CMKX FOR??????

YOU MAKE ME LAUGH!!!!! YOU HAVE NO FAITH IN THIS STOCK.

[/QUOTE

"I really think you have no clue," regarding my entry price. Faith is healthy, bloated amateur visions are not. Everything takes time, including ones ability to notice their own immature ways. Good Luck
 


Posted by Brad on :
 
quote:
Originally posted by richnessforeveryon1:
OK ENOUGH IS ENOUGH....I LEAVE...ITS YOUR FUTURE AND YOUR MONEY.

Mark your calendars folks. I'm now in control of my own future and my own money. Whew!!!! Finally.
 


Posted by cool1sh on :
 
Thanks richness for helping people with stocks on internet without taking any money. You are like redcross.
If you have CMKX and making all these statements you are a moron. If you dont have cmkx and keep posting on this thread, you are a bigger moron.

[QUOTE]Originally posted by richnessforeveryon1:
[B] I want seriously to leave this board like I have other serious things to do but I have fun like a kid here......


 


Posted by BroBro on :
 
---THE AFTER-MARKET ARGUMENT---

Geez, without stocks to keep us entertained we turn to argument. Haha, Go CMKX?

[This message has been edited by BroBro (edited July 20, 2004).]
 


Posted by PAUL on :
 
OFF TOPIC:

Many may know that Melvins wife has been sick. A large group of investors are sending their thoughs and wishes to the family through an e-mail account set up for this purpose. These e-mails will be put into some sort of book and mailed to the family.

I would encourage you to participate. Melvins wifes name is Vicky. She willbe seeing a doctor this weekend for a group of test to determine a course of action.

send e-mails to:

getwellsoon@WGAT.org

Thank You,

I hope everyone is well.

God Bless,

Paul
 


Posted by TradingWizard on :
 
Paul welcome back, we been asking around what happen to you...

Thanks for letting us know about Melvin's wife.

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


Posted by VNGNTN1 on :
 
MP
I also have the oder of another round of bashing.
PAUL Can you post a way to help financially?
I'm sure a number of us would participate.
BOB FREY
Maybe you could put something together??
SOMEONE
With paypal or similar could hook up for donations??
VAN

[This message has been edited by VNGNTN1 (edited July 20, 2004).]
 


Posted by PAUL on :
 
Been hanging out othe places and been real busy also.

I honestly do not know how to do something for them regarding money.

I asked Melvin a little while ago if there was anything we could do for them, other than pray. He said "yes, you can tell me thank you." I did then and will later.

Again I hope all is well.

Paul

Pastor@WGAT.org
 


Posted by tradingpennys on :
 
quote:
Originally posted by justplayin:
Hmmm.... Just a scary thought in that I am a holder in this stock.

What if the company (a NON-reporting company)has made available the total OS and there is not any shorting?????

OUCH!!! What a terrible thought.


_________________________________________
Now your thinking !!!

according to my online trading screen here CMKX today :
trades = 535 volume = 1,454,675,417
Now take the volume and round it out to 1.5 billion and then figure how many days it would take at that rate to reach 400 billion.
lol


 


Posted by bill1352 on :
 
tradingpennys....i agree with you on the o/s but i also think something else is up...yesterday on my screen it went to 5 billion + then cleared and started over again, and this was before 11am..if there was less then 2 billion traded today it was a very, very slow volume day for cmkx...at least 1/2 of a normal day and this has been true for a few months...my guess is as i've stated after you remove insiders shares i think there are less then 200 billion to be owned and from differant ppl its a 75% buy most days....but of course we could all be full of it as there are not real numbers to look at
 
Posted by tradingpennys on :
 
This appearntly is NOT a forum for open discussion - It is only a forum for BS and dreamers. I was caught up in your dreams there for awhile till I started learning. Learning what Shorting actually is and these childern really need to WAKE UP.
So now some say I am a basher... LOL yeah sure whatever. It's easy to point a finger like in the witch hunt days. And it's easy to be "in with the crowd". And it's easy to turn a blind eye. Cya! Don't wanna be ya!.
I like intelligent open minded conversation be it good or bad. For you chicken sh*t's out there that can't take it... why don't YOU buzz off instead!

 
Posted by WorkAHolic on :
 
quote:
Originally posted by justplayin:
Hmmm.... Just a scary thought in that I am a holder in this stock.

What if the company (a NON-reporting company)has made available the total OS and there is not any shorting?????

OUCH!!! What a terrible thought.


I don't think you should be in this stock if you thought it was sold short. Not a good move. Stay long and we will make lots of money. Panic, and it remains anemic. I'm holding until .50. It may take 2 years, but I'm her for the long haul.


 


Posted by Money_Penny on :
 
Paul,

Can you find out more about Melvin's wife's illness? Is it serious? If it is, count me in for a donation.
 


Posted by tradingpennys on :
 
Bill,
How nice to see there's a few in here open to THINKING! You say "75% buy most days...."
Yes I have noticed that too. I haven't ever seen my online trading program go above 3 billion. But that could be the programs limitation. I do see that it adds when there's a buy and subtracts when there's a sell. It doesn't just accumilate. Which lends to to think that the daily volume says only sales on this progam.
 
Posted by darrenbaker on :
 
Vicky's illness is life threating.
 
Posted by tradingpennys on :
 
quote:
Originally posted by WorkAHolic:
I don't think you should be in this stock if you thought it was sold short. Not a good move. Stay long and we will make lots of money. Panic, and it remains anemic. I'm holding until .50. It may take 2 years, but I'm her for the long haul.


That's what I am thinking too. I planned on holding long. Just wish they would get thier poop together. And I hope it doesn't play out like CIM. History does repeat itself they say.
 


Posted by tradingpennys on :
 
-John- (Dutch Hater) do you hate jews and poles and the french too? Do you have a skinned head? LOL jerk!
 
Posted by Money_Penny on :
 
Tina,

I think the guys were a little rough on you earlier. Are you upset that you have invested a large amount of cash in this company and you're not seing any returns? Are you upset that we have had two positive PRs but the PPS went up only 25% since then (2 trading days)? Rome wasn't built in a day, woman! This company will make nobody rich in a day, a week or even a month. Things will take time to unfold, and it can turn out good or it can turn out bad! Nobody knows. Most of us here have relatively small amounts invested in this stock, and we can afford to lose this money. It's nothing more than a lottery ticket for me (and most others). If you've invested more than you can afford to lose, you have broken the golden rule of penny stock investing!!! Do us a favor, though, don't blame us, don't blame CMKX, just blame yourself! You're acting like a little kid who is kicking and screaming after putting a quarter in the gumball machine and nothing came out. I'm not going to give you any advice but I will say this. If you can't take the heat, get out of the kitchen, otherwise shut up and join us for dinner, we're having crow (LOL).
 


Posted by Upside on :
 
originally posted by sarki316:
quote:
Here is the whats going to happen tomorrow. CMKX WILL HIT THE PENNY RANGE. REASON BEHIND IT IS THAT SEE HOW UCAD WENT SO HIGH UP WITH LITTLE VOLUME. IT WAS 3.40 ON FRIDAY AND NOW IT IS AT 5.00. THINK!!!!!!! THINK!!!!!!! THINK!!!!!!!

WHY DID IT MOVE SO HIGH UP ON LITTLE VOLUME EASY BUY!!!! THE KEY WORD IS BUY!!!! TOMORROW CMKX WILL PUT A BID IN AT .01 AND SOMEBODY FROM UCAD WILL BUY IT AT THAT PRICE. BOOM THERE IS YOUR .25. THE MONEY THAT WAS MADE ON UCAD WILL BE USED TO PUMP CMKX TO THE PENNY RANGE. THAT IS HOW STOCK WORK BOYS AND GIRLS. IT ALL LEADS TO THE HIGHER UP BOARD OF DIRECTORS.

THAT IS HOW A STOCK GOES UP. JUST WATCH THIS STOCK TOMORROW.


sarki, lay off of the caffeine!


 


Posted by tradingpennys on :
 
Money_penny
"we're having crow (LOL)."
OK... OK
lmao.
 
Posted by Money_Penny on :
 
Don't forget, John, a lot of people in this country (USA) are EUROTRASH, including myself. I'm actually first generation Eurotrash, and not too long ago I was richness's neighbor! Not to say, of course, that everyone in Europe is the same. Proportionally, there are just as many idiots as there are here, but I must say I suspect a more heavily concentrated area right around richness's neighborhood .
 
Posted by Upside on :
 
originally posted by JBCak47:
quote:
What if I told you I like my girls a little dirty...

-John-


Dirty I can understand but ooohh that smell!


 


Posted by Money_Penny on :
 
quote:
Originally posted by Upside:
originally posted by JBCak47:
You'd make her shower first though wouldn't you?

An underarm shave would be in order, too!

 


Posted by Upside on :
 
originally posted by Money_Penny:
quote:
An underarm shave would be in order, too!

Legs too!



 


Posted by JBCak47 on :
 
I can deal with a funky smell (to a point) but the whole hairy armpit thing, even the legs are gross...

However then again, would it be a true French Girl if she wasen't as we just described?lol...

Besides, all of us guys know a 'dirty' girl (in any sense of the word ) when we see one... I don't know, there is just something 'attractive' when a girl is... well... dirty. hehehe...

But don't listen to me, I just go after the eighteen to twenty range!

-John-
 


Posted by Money_Penny on :
 
Paul, darren, van & others:

Even though most of us are not fond of Melvin, I would say he and his wife definitely are CMKX family and I would suggest starting a collection for Vicky via PayPal. Basically, someone we can trust (my vote goes to Paul or Darren) should set up a PayPal account (free) and we can all pitch in a little (it probably won't be much but what the hell (sorry darren), it's the thought that counts, right?). What do you guys think?
 


Posted by JBCak47 on :
 
Money, for the record my family is European too... My mom's side, WASP's, here for 200+ years stright from Ireland/England...

My dad's side, Sicilian and German (Damn Dutch!)....

Personally I went to Italy about 4 years back and can see why that part of my family left,lol... Infact there is a reason why EVERYONE that left Europe, did leave...lol...

Has anyone ever been with a German girl? I, myself would love to be with a Jewish girl... I love the Mediterrainian look... Or a Russian girl, those accents are the best. Those Russian/Eastern European girls look pretty aggrisive too.

Spanish girls are alqays great too, just a little hot temppered!

-John-


 


Posted by StonedPigeon on :
 
quote:
Originally posted by JBCak47:
I can deal with a funky smell (to a point) but the whole hairy armpit thing, even the legs are gross...

However then again, would it be a true French Girl if she wasen't as we just described?lol...

Besides, all of us guys know a 'dirty' girl (in any sense of the word ) when we see one... I don't know, there is just something 'attractive' when a girl is... well... dirty. hehehe...

But don't listen to me, I just go after the eighteen to twenty range!

-John-



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

Just remember folks there are no dirty girls
after last call!


 


Posted by Upside on :
 
originally posted by JBCak47:
quote:
Money, for the record my family is European too... My mom's side, WASP's, here for 200+ years stright from Ireland/England...
My dad's side, Sicilian and German (Damn Dutch!)....

Personally I went to Italy about 4 years back and can see why that part of my family left,lol... Infact there is a reason why EVERYONE that left Europe, did leave...lol...

Has anyone ever been with a German girl? I, myself would love to be with a Jewish girl... I love the Mediterrainian look... Or a Russian girl, those accents are the best. Those Russian/Eastern European girls look pretty aggrisive too.

Spanish girls are alqays great too, just a little hot temppered!

-John-


You got some kind of addiction? If we're voting here, mine goes in for the Asian/American mix.


 


Posted by Money_Penny on :
 
quote:
Originally posted by JBCak47:
Has anyone ever been with a German girl? I, myself would love to be with a Jewish girl... I love the Mediterrainian look... Or a Russian girl, those accents are the best. Those Russian/Eastern European girls look pretty aggrisive too.

I got the best of both worlds - I am married to a german/russian girl (german heritage, russian accent). yamommayamommayamomma
 


Posted by StonedPigeon on :
 
I'm not sure what scares me more, that dirty
girl smell or the dirty girl who thinks I'm
fooled by the fresh mountain rain!
 
Posted by tradingpennys on :
 
I figured you all were guys... LOL

I am scotch, french, danish, spanish, and half german.
I have alot of various tempers to draw from! <grin>
 


Posted by JBCak47 on :
 
Asian/American mix.

Yeah that is a REALLY hot mix, white skin with asian eyes and face...
==========================================
Do I have an addiciton? Well yeah I spend 15% of my money on weed, another 15% to Visa and the rest goes into stocks... Lol... Yeah I'd say I have an addictive Personality

==========================================

My vote? Hmmmmmm...

White, Jewish Girl, with a little spanish in her...

OR

Australian Girls Love the Nordic look of those girls too...

With those accents, not really British, lol....

-John-
 


Posted by JBCak47 on :
 
"Just remember folks there are no dirty girls
after last call! "

Spoken like a true stoned bird lol...

How are ya SP? I am doing well, I have increased my shares of cmkx today!!! I have 2.74 million muwahahahahah!

-John-

P.S.

WARNING

DO NOT FEED PIGEONS.

500 Dollar Fine/And or imprisonment.
============================================
 


Posted by Money_Penny on :
 
You can feed 'em, just don't give 'em weed.
 
Posted by JBCak47 on :
 
OFF-TOPIC:

Money_Penny
YOU LUCKY SOB!?!?!?!?!?!?!??!?!?!?!?!?!?!??!?!?!?!?:!?!?!?!


WOW!!! VERY COOL!!!HEHEHEH...
=======================================

SP:

Mountain fresh! hahahahahahah, Yummmmmmmmmmm Smells like a Summer's Eve... (not unlike the smell of two day old pork sitting in a dumpster, in the 100 degree heat, at a Chinese Take-out...)

============================================

Come on guys, How many of us here see a 'dirty' girl and smile and think about it... That thought changes when you think of your girl friend and how you would neevr touch her is she was just 10% as dirty as the 'dirty' girl,lol... Ironic to say the least...

As in the words of a great poet, Snoop Dogg once said:

But?
But what?

We don't love them ho's!
I'm going to smoke an ounce to that, G's up, ho's down, while you mofo's bounce to this...
Rollin' down the street, smokin endo (indoor), sippin' on Gin and Juice....


-John-
 


Posted by tradingpennys on :
 
CIM was the ticker for the company we are supposed to get dividends from?


 


Posted by Money_Penny on :
 
Wholly crap, I think we have this thread to ourselves tonight, everybody got offended and left, LOL. I know one thing, all this will be erased by tomorrow morning...so our souls shall be wiped clean....until the next time.
 
Posted by Upside on :
 
originally posted by tradingpennys:
quote:
CIM was the ticker for the company we are supposed to get dividends from?

There is no ticker symbol. It's a company that is not publicly traded and might not even exist, just like last time.
 


Posted by tradingpennys on :
 
Okay thanks Upside.

 
Posted by kevy0899 on :
 
I know its a complete guess, however I am just curious to see what people think the price will reach by August 20th? Any opinions? Thanks.
 
Posted by VNGNTN1 on :
 
OK GUYS
We are americans and our Canadians friends need a hand can we give it to them.
OFF TOPIC POST"LET's HELP MELVIN"
VAN
 
Posted by Money_Penny on :
 
Kevy,

My wild ass off the wall guess is .001
 


Posted by Brad on :
 
This from sterling.

****************************

From Sterling:


By: stervc
20 Jul 2004, 05:34 PM EDT
Msg. 47359 of 47466
(This msg. is a reply to 43215 by stervc.)
Jump to msg. #
CMKX-The MMs Double Short to Double Cover...

(Original Post http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=43215

The Market Makers (MMs) will not let CMKX achieve some major runs of sustainment until they Double Short to Double Cover in my opinion. The MMs may not win, but they won’t lose either. They must create a second set of naked short inventory above and beyond the first set originally created to trade parallel each other at a minimum. The MMs must match the sells of the original naked short to make this happen with the second set. This is why we are seeing so much volume going through at the ask as if the MMs are on a mission. That’s because they are and time is not on their side too. The volume is even more for the double shorting to match the recent buying of further naked shorted shares.

Here’s how the MMs will cover in my opinion to explain the huge volume with no movement. Let’s say that the naked short position is at 500,000,000,000 shares, which later will be 1 trillion. Let’s say that they originally naked shorted CMKX at an average price as indicated below:

100,000,000,000 x .05 = $5,000,000,000
100,000,000,000 x .04 = $4,000,000,000
100,000,000,000 x .03 = $3,000,000,000
100,000,000,000 x .02 = $2,000,000,000
100,000,000,000 x .01 = $1,000,000,000

These 500,000,000,000 shares are shares that equate to $15,000,000,000 of pure profit because these are naked shorted shares that did not exist that were made to exist when the MMs sold them to you and CUSIP numbers were assigned to each naked shorted share created. This is like the MMs creating $15,000,000,000 out of thin air at the expense o the company because when sold, they are absorbed into the float to create enhanced dilution unless bought back from the MMs to cover.

The MMs would need to put back the amount of profits to wash out the transaction for the naked short position. This means that they will have to get those naked shorted shares out of circulation. This means that they are going to have to capture those fake or counterfeit shares that were transformed into real shares with the assigning of a CUSIP number by increasing the bid to a price high enough to entice us to sell so they could capture our naked short shares to make them cease to exist to equate to make appear a situation as if nothing ever happening.

The amount that they need to put back to cover the naked shorted position is valued at $15,000,000,000. So now the thought would be for the MMs to see how they would be able to get $15,000,000,000 since they already have spent this long ago because they thought that CMKX was like most of your penny stocks and would not succeed in their long term business plans. This first naked shorted position of 500,000,000,000 shares equates to $15,000,000,000 that we will call the Fist Set of Inventory for a better understanding.

The MMs would need to “double short” to “double cover” to make this happen. This means that they will short CMKX for a second time to position themselves to do a double cover at much higher prices to where they not only break-even, but possibly make a profit. This is done by the MMs creating a Second Set of Inventory to use as MM leverage.

To do this they will need to make $15,000,000,000 to break-even and account for 500,000,000,000 shares of CMKX. They could have started this process at .0007 cent(s). This means that they paid $250,000,000 per the amount below to come up with the 500,000,000,000 shares:

100,000,000,000 x .0007 = $70,000,000
100,000,000,000 x .0006 = $60,000,000
100,000,000,000 x .0005 = $50,000,000
100,000,000,000 x .0004 = $40,000,000
100,000,000,000 x .0003 = $30,000,000

Again, this means that the MMs paid $250,000,000 to get a Second Set of Inventory of naked short shares to equate to their First Set of Inventory of naked short shares. Each set is 500,000,000,000 shares mirroring each other in trade. The 2 sets totaled equates to 1 trillion shares naked shorted. This is how they will “double short” to “double cover” to fix this situation.

The initial $15,000,000,000 gained from the First Set of Inventory of naked shorted shares was pure profit and the MMs are only tapping into their profits of money they never had anyway before they naked shorted to cover. So the $15,000,000,000 - $250,000,000 = $14,750,000,000 of profit after creating their Second Set of Inventory.

The MMs must get 500,000,000,000 to use as leverage to maintain their profits or at least break even. To get these shares, they create a Second Set of Inventory for 500,000,000,000 shares back to themselves. This is the same concept as to when the sold us shareholders 500,000,000,000 shares that did not exist. They are just selling them to themselves now with assigned CUSIP numbers making them real shares with real value that is in their hands now when they sell. This is a naked short position that they have now created for themselves that they can control when to cover.

Since there are 2 sets of inventory of naked short shares, this means that there are 2 sets of covering that must at least mirror themselves during the covering process. The first set of inventory for covering will be the MMs trying to get us as shareholders to sell back our 500,000,000,000 naked short shares to get them out of circulation for existing by increasing the bid to entice us to sell at the prices that are attractive to our desires for profits. When we sell, they cover naked short shares from the first set of inventory.

The second set of inventory for covering will be the MMs simply selling back to themselves 500,000,000,000 naked short shares to get those out of circulation for existing by holding and selling any shares before or lower than any of the shares sold from the first set of inventory. When they sell, they cover naked short shares from the second set of inventory. Let’s further explain how this would work…

To do this, the MMs will establish what I will call Levels of Covering. To keep things simple, let’s arbitrarily pick 5 Levels of Covering; .10 cents, .20 cents, .30 cents, .40 cents, and .50 cents. Remember, the primary goal is to get the 500,000,000,000 shares out of circulation out of our hands so they could make them go away.

They will place their second set of inventory of 500,000,000,000 at a limit to sell at .10 cents. They will now raise the price of CMKX up to .10 cents. Every share that we sell all the way up to .10 cents gets deducted from the second set of inventory because the MMs will sell the equivalent amount of shares sold to capture the lost of money used that they had to pay for our shares when we sold. Example:

Let’s say that when they first attempted to entice us to sell to get shares to cover for the first set on inventory, they only got 100,000,000,000 naked short out of circulation. This means that the most that the MMs could have paid for those shares were:

100,000,000,000 x .10 cents = $10,000,000,000

This means that they will now sell 100,000,000,000 from the second set of inventory at .10 cents back to themselves to give them back the $10,000,000,000 they spent to pay for the amount it cost for buying our 100,000,000,000 share from the first set of inventory.

This was an even wash of 100,000,000,000 naked short shares removed from both sets of inventory totaling 200,000,000,000 naked shorted shares. This reduces the 1 trillion shares naked shorted down to 800,000,000,000 shares needing to be covered. This leaves 400,000,000,000 for each set of inventory remaining to be covered.

This process will repeat at each level of the 5 levels of covering to next include the .20 cents, .30 cents, .40 cents, and .50 cents per 100,000,000,000 shares at each level. The numbers could fluctuate for what could actually transpire. The point to see is that the MMs will double cover and sell whenever we sell to make sure they at least breakeven to wash out the money that would be spent for running up the price to entice selling by increasing the bid. Some shareholders will hold and the resolution for that will take another post to explain this process. (I could explain it faster in Paltalk or on the phone.)

Again, please keep in mind, the MMs didn’t spend money to get any of the first set of inventory of naked short shares. They created these shares out of nowhere to make them exist electronically by assigning them CUSIP numbers to make them manifest in the brokerage accounts. All of this was pure profit from using our money to sell us the fictitiously created shares. This is when during the creation of the first set of inventory; the naked short shares went to the shareholders while the profits went to the MMs.

To further keep in mind, the MMs didn’t spend money to get any of the second set of inventory of naked short shares. They created these shares too out of nowhere to make them exist electronically by assigning them CUSIP numbers to make them manifest in their brokerage accounts this time. All of this was pure profit too from using no money at all to simply fictitiously create shares. This is when during the creation of the second set of inventory; the naked short shares went to the MMs this time along with the profits going to the MMs too.

So when you are wondering why we are getting all of this volume and no movement, understand that this is something that could be happening to keep the MMs from either going out of business, facing multiple class action law suits, or just simply being out of lots of money. This is how the MMs might not always win, but they won’t lose either. They will seldom ever lose.

They are here to create and maintain an orderly market and sometimes naked shorting shares was a technique used to help to establish more liquidity to a stock until enough volume was generated for that stock to trade in an orderly fashion. It has grown to another venue to harness the greed for money and power that has grown to a level to where the rich gets richer and the poor gets poorer. There is much more to this story that really should not be discussed on these message boards.

For those who are wondering where was all the volume to show 1 trillion shares traded, read the post below: http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=40793

These were only my opinions that I created as food for thought since many were hungry for an understanding. I hope their minds are full from this meal.

This is another thought/opinion as to what could explain the reasons for all of the volume while slowly downward trending. I think that we will soon see the reasons why Urban and Roger Glenn had come into the lives of each other for the benefit of all shareholders!

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

 


Posted by Upside on :
 
So now we're not just naked shorted, we're DOUBLE naked shorted! This keeps getting better and better! What's next, double dog dare ya triple naked shorted?
 
Posted by Booty Quest on :
 

I'll be nice

[This message has been edited by Booty Quest (edited July 20, 2004).]
 


Posted by TradingWizard on :
 
Well dirty boys haveing fun with dirty girls today - the bo.... dancing queen is really cracking me up.

...they are gone now...

[This message has been edited by TradingWizard (edited July 21, 2004).]
 


Posted by Money_Penny on :
 
This Sterling guy is giving me a headache (maybe it's the long island iced tea, too!)...single shorted...double shorted, what the hell! Can all this crap become any more complicated? I want facts now and I am sick of speculation. I am long and strong and I will find out if I am worth a damn sooner or later. In the meantime, let's talk dirty women!
 
Posted by shadow on :
 
Really getting tired of the BS surrounding
this company.

I had sent message(s) to Mr Glenn requesting
to look at the books... as a sharholder of
a publicly traded company. (No response)

Today I contacted the Nevada Secretary of State Securities Division to learn the
rights of a shareholder of a publicly traded
company incorporated in Nevada.

Talked with a person who directed me to someone else (who happened to be on the phone so I got to leave a message...) followed up with an e-mail with a list
of my questions in terms of investor rights.

In Southern Nevada:

State of Nevada
Secretary of State
Securities Division
555 East Washington Street
Suite 5200
Las Vegas, Nevada 89101

Phone: 702 486 2440
Fax: 702 486 2452
Email: nvsec@govmail.state.nv.us


I don't mind losing money - I am pretty
good at it. I think this is a terrible
company sitting on a gold mine... and
diamonds... zinc... silver...

The only thing that I have seen is these
guys appear to be good at looking after
their own interests and playing at the
race track... It is candid information
that is needed by investors to make good
sound decisions. I want to see this company
successful but would also like the smoke and
mirrors removed.



 


Posted by darrenbaker on :
 
I will be glad to set something up for her.
I'll post info when I get it done.
I'll call it Melvin's wife's medical fund.
Any objections?
Darren
 
Posted by tradingpennys on :
 
""The MMs would need to “double short” to “double cover” to make this happen. This means that they will short CMKX for a second time to position themselves to do a double cover at much higher prices to where they not only break-even, but possibly make a profit. This is done by the MMs creating a Second Set of Inventory to use as MM leverage.""

LMAO !! I wonder what color sterlings eye are.
 


Posted by tradingpennys on :
 
quote:
Originally posted by shadow:
Really getting tired of the BS surrounding
this company.

I had sent message(s) to Mr Glenn requesting
to look at the books... as a sharholder of
a publicly traded company. (No response)

Today I contacted the Nevada Secretary of State Securities Division to learn the
rights of a shareholder of a publicly traded
company incorporated in Nevada.

Talked with a person who directed me to someone else (who happened to be on the phone so I got to leave a message...) followed up with an e-mail with a list
of my questions in terms of investor rights.

In Southern Nevada:

State of Nevada
Secretary of State
Securities Division
555 East Washington Street
Suite 5200
Las Vegas, Nevada 89101

Phone: 702 486 2440
Fax: 702 486 2452
Email: nvsec@govmail.state.nv.us


I don't mind losing money - I am pretty
good at it. I think this is a terrible
company sitting on a gold mine... and
diamonds... zinc... silver...

The only thing that I have seen is these
guys appear to be good at looking after
their own interests and playing at the
race track... It is candid information
that is needed by investors to make good
sound decisions. I want to see this company
successful but would also like the smoke and
mirrors removed.


I wrote requesting the same info. from the company. And of course no one responded.
 


Posted by tradingpennys on :
 
oh hey Money_penny...
ya wanna take a look at one of my web sites? It's about Female Dominance and submission.
<hehehe>
 
Posted by Brad on :
 
quote:
Originally posted by shadow:
I want to see this company
successful but would also like the smoke and
mirrors removed.



My only suggestion would be to wait until August 20th. If you want them to be successful at least wait until the dividend date passes to see if the theories about the naked shorting and covering pans out.
This is it in my opinion. The ship is supposed to dock on Aug 20th. Let's have patience and see.
 


Posted by Money_Penny on :
 
quote:
Originally posted by darrenbaker:
I will be glad to set something up for her.
I'll post info when I get it done.
I'll call it Melvin's wife's medical fund.
Any objections?
Darren

Darren, as far as I am concerned, go ahead and set up the account (it's free anyways). Paypal is the most common service out there...they keep about 3-4% of the incoming money but I think it is the easiest vehicle for setting up such a collection. If you need help, let me know. Let us know the account "number" (usually an e-mail address in case of PayPal) and I will help spread the word as much as I can.
 


Posted by Money_Penny on :
 
quote:
Originally posted by tradingpennys:
oh hey Money_penny...
ya wanna take a look at one of my web sites? It's about Female Dominance and submission.
<hehehe>

Sounds funky. Where's the link???


 


Posted by bill1352 on :
 
ok this is my opinion only but i think the double shorting this sterling was talking about was tequilla in a short glass...i'm just guessing here but i'm sure he was given only 1 1/2 shots of tequilla when he paid for a full double...Paul..after you get the fund for Melvin's wife (good thing there) maybe we can set up a fund to get sterling into rehab...maybe we can all chip in 2 shares of cmkx, i mean with his figuring that would at least run into the hundreds of thousands...just my opinion...food for thought here
 
Posted by Wallace#1 on :
 
What in hell is the matter with you people?

Richness was saying something and you refuse to listen! What he was saying is that on this thread you do not need more people to hype CMKX (and he noted that most were on the young side with little experience - generally in their 20's). He stated that many were "dreamers" which is very close to the truth. Looking at the lack of experience of many posters, he is also saying that more people are needed with at least some trading experience. IMO

Cut the crap about about Euro-trash. Everyone in these United States (except for full blooded Indians) is of European descent. As to the use of the English language, certain people on this thread have absolutely no excuse to talk. Most of us do not even remember how WE sounded when learning English for the first time.

Brad, I know you are new to this. Do not let yourself get caught up in the basher sh*t. Your posts indicate you are much more intelligent than that.


[This message has been edited by Wallace#1 (edited July 20, 2004).]
 


Posted by darrenbaker on :
 
Money_penny
It's set up.
I will set up Melvins bank account for later
deposit after we have something to give them.
The email account number is: darrenbaker@opmercy.com
I would like Paul to contact me so we can use him as "accountabilty" for these funds.
I will not promote this any further as it may look self serving or "fishy".
I'll leave that up to all of you.
I pray GOD'S hand and blessings on this project. Certianly HIS healing on Vicky.

Darren Baker
 


Posted by Money_Penny on :
 
Darren, AMEN to that. Paul, let's get the word out.
 
Posted by Money_Penny on :
 
Wallace, can't you see we're trying to do some good here?

[This message has been edited by Money_Penny (edited July 20, 2004).]

[This message has been edited by Money_Penny (edited July 20, 2004).]
 


Posted by Brad on :
 
Fair enough Wallace. But it doesn't take away from the fact that richness was attempting to be constructive with his criticism of the stock. The impression is that he walks into the room acting like he knows something he doesn't. It's safe to say that tons of information on these boards is speculative. Including from richness. But there is a way to offer criticism that appears to be constructive or thought provoking (even if it's speculative) rather than condescending. Richness doesn't offer that and rubs people the wrong way, period.
 
Posted by Highwaychild on :
 
I know of someone very experienced on this sort of thing...oh, what's his name...D. Roger Glenn ,Esq. ,oh yea, that's it.

 
Posted by Brad on :
 
quote:
Originally posted by Wallace#1:
Brad, I know you are new to this. Do not let yourself get caught up in the basher sh*t. Your posts indicate you are much more intelligent than that.

Fair enough Wallace. But it doesn't take away from the fact that richness wasn't attempting to be constructive with his criticism of the stock. The impression is that he walks into the room acting like he knows something he doesn't. It's safe to say that tons of information on these boards is speculative. Including from richness. But there is a way to offer criticism that appears to be constructive or thought provoking (even if it's speculative) rather than condescending. Richness doesn't offer that and rubs people the wrong way, period.

[This message has been edited by Brad (edited July 20, 2004).]
 


Posted by Money_Penny on :
 
I don't like him rubbing me in any way, shape or form, period!
 
Posted by Booty Quest on :
 
Let's not forget that Rich is a total fraud! We've already exposed his fake bad english which has purposely gotten worse since we pointed out some excellent english posts of his/hers.

Don't be fooled by the fool. Or your foolishness... I mean your fool... well, the fool who has... uhhh... a fool and his money...? yeah...
 


Posted by Wallace#1 on :
 
Brad,

Richness just may know more than any of us about stocks and trading. His grasp of our language just is not as good as someone who grew up with it.

MP - You seem to jump on every bandwagon that comes along. As far as a room is concerned...I am not interested. However, you and your buddy seem quite cozy. He says something stupid and you second it.
 


Posted by Money_Penny on :
 
Booty, you've been hanging out with StonedPigeon too much, LOL.
 
Posted by Brad on :
 
quote:
Originally posted by Booty Quest:
Let's not forget that Rich is a total fraud! We've already exposed his fake bad english which has purposely gotten worse since we pointed out some excellent english posts of his/hers.

Don't be fooled by the fool. Or your foolishness... I mean your fool... well, the fool who has... uhhh... a fool and his money...? yeah...



Y'ah but I'm even trying to give Wallace the benefit of the doubt on his comments about richness. So even if richness was legit, he still has some table manners to improve so people will sit at the table with him.

 


Posted by Money_Penny on :
 
Tina, how about that link now???
 
Posted by Brad on :
 
quote:
Originally posted by Wallace#1:
Brad,

Richness just may know more than any of us about stocks and trading. His grasp of our language just is not as good as someone who grew up with it.

MP - You seem to jump on every bandwagon that comes along. As far as a room is concerned...I am not interested. However, you and your buddy seem quite cozy. He says something stupid and you second it.


Geez Wallace. I've been nothing but cordial on this board. Even when I disagree with richness and his approach. But now you're saying I said something "stupid". Come now. I read all of your posts. Give me some credit here. I read much more than I contribute to this board (all posts, good or bad) so at least keep me as a subscriber to what you have to say.
 


Posted by Money_Penny on :
 
Wallace,

How many shares exactly do you and richness combined own???
 


Posted by Wallace#1 on :
 
Brad,

Remember my saying your posts indicated intelligence. "Stupid" was not directed at you.
 


Posted by Money_Penny on :
 
Brad, in all fairness the "stupid" comment was not directed at you, rather at JBCake47.
 
Posted by Brad on :
 
quote:
Originally posted by Wallace#1:
Brad,

Remember my saying your posts indicated intelligence. "Stupid" was not directed at you.


Ok, you've kept me as a subscriber.

[This message has been edited by Brad (edited July 20, 2004).]
 


Posted by JBCak47 on :
 

How many MM's do we think have shorted CMKX?

We know NITE, JEFF, however what is the deal with Scottrade not allowing BUYS of cmkx, but SELLS? To me, not allowing buys and only sells, limits Scottrade on Naked shorts?

What if the MM's raise the price to .05 - .06, unload 1,000,000,000 shares, (possibly THEIR naked shorts that they control), getting like 65 million, lowering the price to sub penny, buying all the shares back, retiring the naked shorts? I am just tying to come up with some scenarios...

Money, Your a female?!??!??!? I thought you were a guy (egg on my face!) sorry for the locker room humor, I would have not said anything ,sorry... hehe...

I have heard that if you have a Cash account, your shares can not be naked shorts?

Anyone?

-John-
 


Posted by VNGNTN1 on :
 
DARREN
Great Keep in touch I don't mind promoting it. Paul will be a good person to help.
VAN
 
Posted by joeyisthebest on :
 
Upside you crack me up I seen your posts on top of page 11.
Sorry I been away for a while busy with stocks and heat of summer it was a scorcher today in Wisconsin. I still can't get a hold of melvin to talk some business with diamond drilling. What is a good time to call him? thanks. GO CMKX GO
 
Posted by Money_Penny on :
 
Wallace,

I do hope that you stay with us until the end (and give us plenty of laughing stock), but I do understand that you would want to make a quiet exit at say .05 PPS, without any shares, without any money, without any friends (oh wait there's richness...) and without any dignity. I say to you right now...farewell Wallace, may the schwartz be with you!
 


Posted by JBCak47 on :
 

Stupid: ADJ,NOUN,(Pronoun):

1. Acting or behaving in such a way that other people around you consider it to be foolish and not humorous.

2. Lacking cranial functions that inhibit clear, reasonable thought process.

3. Richnessforeveryone
=============================================

Seriously, richness is here, what four weeks or so, every day... Yet this is a bad stock, however he watches it everyday like a hawk (those damn nazi-dutch hawks!!!!)

Pigeons will ruin your car one of these days!!!

=====================================

!!!WARNING!!!

Do Not Feed the Dutch

Under Penalty of Law
50,000 CMKX Share fine or three days suspended Allstocks access
Sec 1134, Code 134

=============================================
-John-
 


Posted by Money_Penny on :
 
John,

Have you had enough to smoke? What makes you think I'm a girl? Hey, give me one of those, will ya!
 


Posted by Highwaychild on :
 
quote:
Originally posted by somebody:

Richness just may know more than any of us about stocks and trading.


But nobody knows it all.
I think few have really ever seen anything like what is going on here.
And what may or may not go on,still going to be fun to see how it all plays out in the long run.
Diamonds don't just jump up out of the ground.
With UCAD, could be an early start on getting 'em.And what ever else that my be down there.
On John Boy and Billy there was a guy on the radio today that brought in fossilized dinosaur poop from South Dakoda...wounder how much that would go for?

 


Posted by JBCak47 on :
 
I am sorry MP, I must have read it wrong,lol!!!

Well when cmkx hits, how about we have a party? You know I am in for the QBID Vegas bash... Looks like we will have to take the CMKX Party all the way to Canada...

Saskachawan, here we come!!!!!!!!

Are Saskachawan girls easy (just kidding, or am I,lololol)

-John-

P.S.

MP, Listen to this hog wash... I was outside, about to roll a blunt. I am holding a $20 bag of some excellent chronic when, imagine this, out of the clouds a pigeon swoops in, snatches my weed AND THE BLUNT!!!!!!

I didn't get a very good look at the culprit, just saw feathers and beak...

This happened like 20 mins ago... I am a little vexed...

-John-


 


Posted by WorkAHolic on :
 
quote:
Originally posted by Money_Penny:
I don't like him rubbing me in any way, shape or form, period!


Can I rub???

 


Posted by Money_Penny on :
 
In that case, Stoned, share you selfish chicken!
 
Posted by Money_Penny on :
 
quote:
Originally posted by WorkAHolic:

Can I rub???

Only if you're a massage therapist...or you look like Pamela Anderson.
 


Posted by WorkAHolic on :
 
quote:
Originally posted by WorkAHolic:

Can I rub???

Never mind...I'll just hold my 8 mil. to .50



 


Posted by tradingpennys on :
 
Money_penny -
Sorry had to step away for awhile. Can I post the link here? I am POSITIVE I will get bashed if I do. LOL So how can I give you the link?
_____________________
Brad -
You really need to get a grip doll.
_____________________
Wallace - &
richness -
I appreciate your way of thinking.
_____________________
I still firmly stand my ground that this stock is not shorted, naked or double, triple or sideways and rotating. (lol.."double" That is so off the wall, sterling must need some sleep or something!)
 
Posted by Money_Penny on :
 
I'm gonna go get some smokes now, don't let this board get run over by Eurobashers and their lovers in the meantime...
 
Posted by pharmdman on :
 
quote:
Originally posted by Booty Quest:
Let's not forget that Rich is a total fraud! We've already exposed his fake bad english which has purposely gotten worse since we pointed out some excellent english posts of his/hers.

Don't be fooled by the fool. Or your foolishness... I mean your fool... well, the fool who has... uhhh... a fool and his money...? yeah...


Well stated, BQ!
 


Posted by noahltl on :
 
Well I came back from the fair looking for what has happened to my stock today. Of course I came to my favorite, my home, Allstocks, first. As I read the posts from 9:00 am, when I had to leave, I found some interesting discussion and a little DD. But for the last page and half or so, I have seen nothing but childish bashing, racist remarks, risque and sometimes gross
discussions, one good DD, and one good idea about helping Melvin and his wife.

Frankly, I'm not your dad, the police chief, your minister, rabbi or imam, but my name is on this thread, and quite frankly I'm ashamed that it is. This is a stock board, not a playground or a blank wall to scribble graffiti on.

We have lost a number of decent and intelligent people who used to post on this thread just because of this kind of thing. They come here looking for information on their investments, serious business for some of us. They don't want to see the kind of childishness that has been posted on this board this evening. Their time and mine alike are valuable to us, and to have to wade through page after page of this kind of stuff is just overwhelming to them and it's easier to just leave and go to another board. As a result, we may lose valuable DD that they could have added to our discussion, and may have been DD that would make, or save, us money.

Now, I will admit that I too have used some thread space in confronting 'bashers'. I started to say 'wasted', but bashing is stock related. A good basher will cost you more money than erroneous DD, and is therefore stock related and an important issue to deal with. They are dangerous because they will work on your mind and emotions and may ultimately trick you into making an impetuous decision to sell too quickly.

Some say that confronting a basher is trying to only keep positive information or DD off the board. But I will tell you now, that if someone has DD that may cast a bad light on this stock, they are more than welcome here,in my opinion. I want to know
if there is some 'real' evidence that my stock may be in trouble, after all, it is my money and I need to protect it and be a good steward of what God has given me. So, yes, I want to know if there is bad news, but I want it accompanied with hard evidence or DD. Not just somebody shouting 'It's a scam, get out now." Or, UC is a crook, he's just trying to take your money."

If you have an opinion, it is welcome here too, if it is well thought out and explained, but this other stuff is just bashing, or at least a waste of everyones time, energies and thread space.

Now, I have never done this before, but I have contacted the moderator for the list and asked him to review the last couple of pages and to take action where he thinks it is warranted. I did not point specifically to any individual except richness, since he apparently sneaked back on board with a name change. He is not just a basher, he is also an agitator, that encourages others to "do battle" with him. I don't believe for a minute in his "language" difficulties, it is just a 'dodge' to get people to listen to him and feel sorry for him because of a pretended "disability". I deal every day with truly disabled people, and this is a pretty cheap shot by him. When he first came on the board, several of us went back and found old posts where his "English" was nearly perfect. But whether his English is really bad or not, is not the real question, his behavior is, and the mods have already bounced him once for it.

I really wish it hadn't come to this, because I really enjoy discussions with most of you, even those I disagree with. Yes, I even enjoy a little good natured jousting with Wallace.

But when it is all said, we're here for information about our stock. When things are slow, a little general conversation is good. But some of the things I have seen here this evening do not fall into that category.
 


Posted by pharmdman on :
 
quote:
Originally posted by Wallace#1:
...Cut the crap about about Euro-trash. Everyone in these United States (except for full blooded Indians) is of European descent...

I'm not pointing this out to purposely contradict you, Wallace, but this statement is not accurate. It only applies to 'most' white Americans. You're forgetting about descendents of Asia, Africa, Indian subcontinent, etc. They're not of European descent.
 


Posted by JBCak47 on :
 
Pharm...

Whats up Buddy? How did the Hot tub come out?

Also, FYI the Himmler, the head of the Nazi's SS, had a notion that Aryan's came from the region around India/Nepal... Their belief was that the Aryan's spread out and came into Europe, so in a sense, if this were ever true (which I don't think is) we are all Indian, well when I say we, those with Blue eyes and some Nordic features,lol...

========================================
Noah...

Yes you are 100% correct in what you wrote/said. Things are slow and a couple of us were just having a little humor and joking. By the looks of the people and number of post, we were all having a little fun... It wasen't THAT bad...

I mean Michael Jackson is having quadruplets... That is a crime!lol...

==========================================
SP: You have something of mine and I want it back, NOW!!!!

============================================

-JOHN-
 


Posted by StonedPigeon on :
 
JB you can have it back now I'm busy with a
half gallon of Cappuccino Chunky Chocolate
and a bag of chips.

Thanks for the lone!

Remember Pigeon Crossing don't look up!
 


Posted by Wallace#1 on :
 
pharmdman -

My mistake! You are right.
-------------------------------------------
noahltl -

I hadn't intended to respond to you by name, but I just changed my mind. In general, I agree with you. I disagree with your use of the word "bashers" and leaving out the word "pumpers", which is just as detrimental.

As to richnessforeveryon1, I wholeheartedly disagree with you. He should NOT be put off the board. This is a forum and he has a right to his opinions, whether he speaks a certain way on one post and differently on another post. From what I have seen, he seems to have been rather consistent.

Since you have taken a course of action which I feel is contrary to our rights as citizens (right to free speech), I too will contact Allstocks and request that he NOT be removed from posting his opinions.

Your self appointed detectives have been much more vocal, greater pumpers than he could possibly be a basher and downright disgusting. Yet, they are still here. Please start with them if you do not believe in the freedom of speech.
 


Posted by JBCak47 on :
 
Wallace,

Freedom of Speech only applies to AMERICAN CITIZENS...

Foreigners don't and should not be afford American Liberties when THEY AREN'T AMERICANS....

-John-
 


Posted by buzz357 on :
 
Regarding Melvins wife.I don't remember exactly what she has but I do remember they were trying to find somebody with her blood type but were not able to find anyone because it was so rare.Unfortunately they never specified what the type was.I do remember it was a life threatining disease.If anybody sets up a fund you can count me in for a donation.
 
Posted by Upside on :
 
originally posted by joeyisthebest:
quote:
Upside you crack me up I seen your posts on top of page 11.
Sorry I been away for a while busy with stocks and heat of summer it was a scorcher today in Wisconsin. I still can't get a hold of melvin to talk some business with diamond drilling. What is a good time to call him? thanks. GO CMKX GO

Hey Joey, good to see you back. You're right, it sure was a hot one in Wisconsin today, I'm off again this week and my wife had me putting an extension on our deck. Nice day for it. At times it felt like it was about 150 degrees. Hope all is going good with your picks, take care!

 


Posted by StonedPigeon on :
 
10 Ka-jillion birds can't be wrong!


Just keep doing those seeds till you get that
pigeon head-bob thing going!


 


Posted by Upside on :
 
originally posted by JBCak47:
quote:
Wallace,
Freedom of Speech only applies to AMERICAN CITIZENS...

Foreigners don't and should not be afford American Liberties when THEY AREN'T AMERICANS....

-John-


John,
I'd agree with your point if we were all on American soil but this is the WORLD wide web, not the American wide web.


 


Posted by JBCak47 on :
 
SP (Smart Pigeon) quawked:

"Just keep doing those seeds till you get that
pigeon head-bob thing going!"


Yes, we call girls that do this ALOT, Chicken Heads,lol... or just Piegons...

-John-
 


Posted by noahltl on :
 
Wallace, as I stated in my post, richness has already been bounced once by the mods, and that was not on my recommendation, but on their own volition. I didn't even know about it until richness commented on it. You may send a message, but I think they made up their minds last time.

If you remember, our rights of free speech do not include the right to shout "fire" in a crowded theater. So there are limitations.

I guess you might label me a "pumper", because I try to bring DD from other boards that I think people here may want to see. Most of those are positive for CMKX, but the reason for that is, because very few if any negative posts have any DD whatsoever. If I had the time, I would go back and find and repost some of my own observations where I had reservations about something on CMKX. I may have mentioned last night that I had such reservations, at one time, about UC owning so many businesses.

A "pumper" is not just someone who shares positive ideas, opinions or DD, but like the basher, comes in shouting. BUY CMKX, YOU'LL BE RICH TOMORROW. or, A FRIEND OF MINE TOLD ME THAT HE TALKED TO UC AND THE STOCK WILL BE AT $1.00 TOMORROW. The same rules apply to pumper as to bashers, bring your DD, your evidence, or a well thought out opinion, and I'll listen. If someone came in here with those "pie-in-the-sky" comments, I would be after them just as much as I go after "bashers". But please notice, if a true "pumper" has ever been here, he receives the same welcome as a basher.
 


Posted by Money_Penny on :
 
Noah,

Even a police chief must go home at some time, right. Whatever the deputies say while the chief is away, doesn't really count, does it? Look, there is nothing to do right now so some of us are being a bit silly...is that so wrong? The bashers are asleep (God bless their little hearts) and in the absence of any news, we are just shooting the "breeze" here, nothing more, nothing less. This is a community, and there are all sorts of people here, young or old, white or black, yellow or brown and so on. We all need to let out what's on our minds otherwise this would remind me of a communist country, and not a free-speech forum. There is a new generation of people here, which you may not be familiar with, but which is here to stay. So please, loosen up, open your mind and stop criticizing us for being ourselves - we can't help it! Please respect us as we respect you, simple as that.
 


Posted by tradingpennys on :
 
Wallace,
You have my respect!
 
Posted by tradingpennys on :
 
Money_penny - your back... read my question ^ up there.
 
Posted by Money_Penny on :
 
Tradingpennys: e-mail me at kaigoss@mail.com!!!
 
Posted by JBCak47 on :
 
"
John,
I'd agree with your point if we were all on American soil but this is the WORLD wide web, not the American wide web."

Just remember who gave us the whole concept for the WORLD Wide Web and even the foundation for it: United States Defense Research Programs

I am not saying there shouldn't be free speech, hell there should, I am just saying there is a differnce between giving someone rights and then American Liberties... anyway enough spoken of this.

-John-
 


Posted by Upside on :
 
originally posted by JBCak47:
quote:
Just remember who gave us the whole concept for the WORLD Wide Web and even the foundation for it: United States Defense Research Programs

I thought it was Al Gore?


 


Posted by Brad on :
 
Dr.D: SUCCESS IS OURS WITH CMKX!!!

by DrDiamond
Dr. Of Diamonds
member is offline
Gender:
Posts: 154
Is everyone hanging on and In?
« Thread started on: Today at 8:00pm »

--------------------------------------------------------------------------------
Okay everyone we now have PR’s coming out our ears. I’m not complaining believe me. Everyone was screaming for information and help from CMKX and Urban to do something with the MM’s and/or brokerage firms about their naked short positions and the holding down of our PPS.

We have plenty of ammunition on hand to get us through the end of August as far as pressuring the MM’s and brokerage firms are concerned. But do I think that is the end of it. NEVER! I firmly believe we have more coming, just as the PR stated and many I’m sure everyone has seen that we have had 4 PR’s in three days between UCAD and CMKX. They all ended with the same basic message:

UCAD July 16 = “Further details relative to this project, and other potential upcoming projects, will be forthcoming in future press releases and at http://www.uscanadian.net /.”

CMKX July 18 = “More details will be released in future news releases.”

CMKX July 19 = “More details will be released in future news releases.”

UCAD July 19 = “Further details relative to this project will be forthcoming in future press releases and at http://www.uscanadian.net/.”

In short we can expect “Further details will be released or forthcoming in future news and press releases.

When I played football we had a drill they called “The Bull in the Ring”. The drill was that you (the Bull) were placed inside a ring of fellow players that all had a number. When there particular number was called out then they would engage you (try to knock your head off) and as soon as the attack was completed the coach would call another number and another number until you were so dizzy and antsy looking in all directions because you didn’t know where the next attack would be coming from. Then just when you think you can’t take any more there would be silence for about 30 seconds, I guess to get our breath, and then the numbers would be called two at a time until the drill was over.

I believe that Urban and D. Roger Glenn are using this tactic in part by putting the MM’s and brokerage firms (The bull) into the ring. CMKX, CIM, UCAD, and any other joint venture partner or friendly company that we can utilize and pull into this to make up the ring are the players whose numbers are called out to attack. The attacks come with PR’s, dividends, options, share swaps, purchase offers, etc… and the MM’s and brokerage firms are kept reeling from one attack to the next and while they are planning to try and address the attack, another one comes. If you don’t think this is dizzying and confusing then you are out of touch with reality.

We have PR’s coming at mid night and 5 in the morning talking about purchase agreements, stock payments, future options, and stock dividends to shareholders with a deadline of 20 Aug 2004. We have more PR’s that came out with more options, purchase/investment agreements, more stock dividends to shareholders, stock payments, and on top of that all involved companies PPS is rising. And a solemn promise that more details, options, and attacks are to come.

Many think we are having a tough time figuring everything out that has been going on and we are mainly focusing on this one stock and joint venture partners. The MM’s and brokerage firms have 100’s and thousands of stocks they have to keep up with daily. They have a plan for dealing with certain difficulties with a company they have been shorting, but I believe they are brainstorming trying to figure out how to deal with this CMKX Animal because it is doing everything in the book and then some.

I have heard some claim that they have been in situations similar to this before, but I would have to see the evidence and the physical information detailed to even think that something like our CMKX GIRL has ever been spawned in the past. There is no proven test case on how to deal with a company like CMKX and Urban along with D. Roger Glenn know that. I believe they have put forth the effort to bring this to pass and I have no doubt that they are aware that they have produced and are unveiling a one of a kind company in CMKX. If need be while they are continuing to manifest the finished product in CMKX, they have the capacity to change things on the run according to preplanned options they have devised between themselves.

We have Revolving Transfer Agents, Name changes, New CUSIP numbers, Aerial Surveys, Diamond discoveries, joint venture partners, share purchases, options, share dividends, lab results coming in, becoming reporting, moving to an exchange, audits, generosity to shareholders, mineral claims, drilling, promises of more of the above, and we still have money to do car racing and new investments in companies. Show me where this has been and the potential that still is locked up in this baby?

We are doing fine and the MM’s and brokerage firms are looking for a fix. As we said before and many others on this team have reminded all over and over again that the MM and brokerage games will be conducted, but they too will end. Continue to grow in knowledge and remember that these incredible variables are coming in portions and if you sell you may miss the biggies that are to come. No one knows anything more than what the PR’s are telling us so don’t let speculation and rumors tell you anything different.

1. Write out your projected plan of investment – NOT IN YOUR HEAD – Write it out and I would do it now and place it next to your computer and remember that when you were thinking straight this was your plan and you may be at an irrational point later and try to deviate from it, so in a more rational time in your life with CMKX, you devised the proper plan and do your best to stick with it.

2. Stay close to the company and partners and stay informed about what is going on in reality with CMKX. No SPECULATION B/S. We don’t need much speculation at this point we need courage and determination to hold the line.

3. Continue to root and ground yourself in the facts, because most have left off with the real value of CMKX and its diamond potentials and are busy with MM’s, brokerage firms, dividends, options, etc… The CMKX that had incredible intrinsic value a month ago has much more now. The truth is still the truth concerning our 1.4 million acres of potentially diamondiferous kimberlitic soils along with other minerals. The aerial survey is in so we know where to look. It won’t take long to find what we are looking for so don’t get dizzy over dividends and options and miss the true variables that are yet to be factored into the PPS.

4. Stay around those that know what they are talking about and you already know who they are on this board and other boards you may visit. They stick to the facts released by the company and stay away from predicting PPS levels in the future. Stay away from rumor and speculation from those that try to get you to believe that they are in the know, because there are few in the know and Urban and Roger are the only ones who knows the ones that know.

5. The games will continue so stick to your plan and try to get away from the computer as much as possible and resume some kind of normalcy to your life. There is more to life than CMKX and I believe we have all neglected them for some time. We can do no more than hold at this point and let the plan unfold the way it is intended too. Relax and enjoy the ride. Where else could we get this kind of adventure and entertainment and get paid for it at the same time?

I believe we are on the way to true success and the battles to be fought for the success of the company is with D. Roger Glenn, Urban, and company. We can only help them by staying strong, holding as long as we can, stop rumors and speculation that is destructive to investors, don’t call anyone that is working for us at this point, leave that to the company, because anything we might find out will never make a difference to the good of the cause, it can only damage.

My sincere thanks to all of you that have taken your positions on this team and I know we are all the better because we have joined together in this most exciting cause.

I hope you hang on and hang in through these exciting times.

Success is ours.

Dr.D
http://cmkx.********s35.com/index.cgi?board=general&action=display&num=1090378855
 


Posted by tradingpennys on :
 
Money_penny - MAIL!
 
Posted by JBCak47 on :
 
"I thought it was Al Gore? "

Holy crap I stand corrected

My vote for post of the day!!!!!!!!! That post really made me smile

-John-
 


Posted by Wallace#1 on :
 
Noah,

No offense, but this thread is not a theatre where someone could yell "fire". This is an
open forum where ideas and opinions are meant to be exchanged...including the opinion that CMKX is a scam.

Suffice it to say that I have seen considerable evidence of so-called "pumping". I do not object to someone having a favorable opinion of CMKX or any other stock...just do not try to push it down someone's throat (and I am not referring to you). As far as what you say about DD, there is plenty of evidence to the contrary about CMKX, UC and all that has gone on...including with CIM and other companies with which he has been involved. It just seems to me that only certain posters will even bother to consider it. That is what I mean by "la la land" and I assume that is what richnessforeveryon1 meant when he referred to "dreamers". I do not recall that he became vulgar as did other posters. What was his offense?

Cripes, even Tradingpennys" is being called a basher. The same thing with Will, Upside and others who just might contribute DD or offer logical questions and reach logical conclusions.

Now, I know you started this and the last CMKX thread, but that does not mean you have control over it or the people that post on it. The alternative was not to start a thread with your name. What others say here does not reflect upon you or your name as far as I am concerned...and hopefully others will agree with me.

Noah, I do not mean any offense here whatsoever, so please let US not perpetuate
any of our previous nonsense. OK? Let's bury the hatchet! Let us both respect each other's opinions...negative, positive or neutral.
 


Posted by Money_Penny on :
 
Tina,

I see....you have my repect! I was really hoping for more graphics but that's OK. Now if we could only get you know who to get on board with CMKX...it would make things A LOT easier for all of us here at Alstocks, LOL.
 


Posted by tradingpennys on :
 
Wallace,
Thank you!
 
Posted by noahltl on :
 
quote:
Originally posted by Money_Penny:
Noah,

Even a police chief must go home at some time, right. Whatever the deputies say while the chief is away, doesn't really count, does it? Look, there is nothing to do right now so some of us are being a bit silly...is that so wrong? The bashers are asleep (God bless their little hearts) and in the absence of any news, we are just shooting the "breeze" here, nothing more, nothing less. This is a community, and there are all sorts of people here, young or old, white or black, yellow or brown and so on. We all need to let out what's on our minds otherwise this would remind me of a communist country, and not a free-speech forum. There is a new generation of people here, which you may not be familiar with, but which is here to stay. So please, loosen up, open your mind and stop criticizing us for being ourselves - we can't help it! Please respect us as we respect you, simple as that.


Money, I never was the police chief, but I can assure that every officer was held responsible for everything he said publicly, even while the chief was away.

As for being open-minded. I had posted before, that as a police officer there wasn't a "word" or thought that I didn't hear, see, or know of. As a result I don't get easily offended, but then there are ladies and Christians here that do get offended by some of the things that were posted here, and I don't have to repeat them. There are boards where you can go and say all of those things that you want, they are designed for that, but this one isn't.

As I stated, there has been remarks that came very close to racism. I don't consider that as having "fun".

I have heard a lot about "weed", and please believe me, that in my many years on the street, I have seen that "innocent" drug destroy many, many, lives. I know, that sounds like what a policeman would be expected to say, but I'm no longer a policeman, just a guy who has no reason to say that to those on this board who think it is "cool", other than I care, and on that matter, I am an expert.

As for being a "new generation", believe me, there's nothing "new" about the kind of things that were going on tonight on this board. And while the level of morality may continue to degenerate in this country, it's hardly an "excuse" or "reason" for offending other people.

Been on my "soapbox" too long, and as I said earlier, this is a stock board. I only wanted to appeal to my "friends" on this thread to be a little more respectful of the other people who not only post here, but to the hundreds, if not thousands, who visit here daily, hoping to find important information about their investment.


 


Posted by tradingpennys on :
 
LOL Money_Penny! About 6 yrs ago I made that web site not knowing what I was doing. I started out just making a page an hour later I was into it with many pages. I wrote some of the smut on the story pages. lol
 
Posted by Money_Penny on :
 
Wallace,

I can't figure you out! Sometimes you sound like an honest, trustworthy person and sometimes....well you know. It's almost like Dr. Jekyll and Mr. Hyde, LOL. Which one is it gonna be from here on??? Make up your friggin' mind already, LOL, there can only be ONE (sounds like a line from Highlander!) Which is it gonna be??? Friend or Foe???
 


Posted by will on :
 
Daddy loves smut!
quote:
Originally posted by tradingpennys:
LOL Money_Penny! About 6 yrs ago I made that web site not knowing what I was doing. I started out just making a page an hour later I was into it with many pages. I wrote some of the smut on the story pages. lol


 


Posted by tradingpennys on :
 
is that a hint Will?


 


Posted by JBCak47 on :
 
Noah,

I agree with what you wrote.

I do have an opinion on something you said:

"I have heard a lot about "weed", and please believe me, that in my many years on the street, I have seen that "innocent" drug destroy many, many, lives. I know, that sounds like what a policeman would be expected to say, but I'm no longer a policeman, just a guy who has no reason to say that to those on this board who think it is "cool", other than I care, and on that matter, I am an expert. "

How many homeless, drug addicted people did you see smoking weed? I live by New York City and I have never seen a homeless or other serious drug addict/begger smoking weed. I did see them smoking Packs of Cigs, drinking beers and smoking crack... Never weed...

In fact weed isn't the gateway drug, its Beer, Wine and liquor... Considering it wa sharder to get Beer in HS than it was to get Pot...

Also I don't smoke to be 'cool' or make jokes/refernces to it to be cool... The people who can relate, relate because it is something we do, something we appreciate...

Funny that pot is so dangerous, yet the processed foods we eat everyday, which is pumping COMPLETELY Harmful chemicals, worse than pot, into our bodies, but that is okay...


Perfectly fine to drink a toxin that destoys your liver, gives you mouth, throat, stomach, liver, intestinal and rectum cancer... Too bad they didn't smoke hemp in Old Europe instead of drinking... Which by the way it is much more natural to smoke then drink even wine. We were all smokin' before we were drinin' 15 thousand years ago

For some people it ruins lives, however those people who smoked pot who went onto do harder drugs like Coke, Opiates, ect, may already have been at a hightened risk since they probably have addictive personalities...

I am just saying, Pot isn't the dangerous 'Refeer Madness' of the 1930's...

I worry more about breathing in Smog...

FYI I blew most of my money I earned this month on Stocks,lol... Does this make me a Stockhead??? hehehehhe...

-John


 


Posted by tradingpennys on :
 
Money_Penny.... Wallace is "friend". He see's both sides of a coin. As in positive and negetive posibilities. UNLIKE many on here.
 
Posted by TeenageTrader on :
 
Good lord, well I have to say noah is right, this is absolutely rediculous... I come home from work to see if any good DD has been given out in regards to CMKX and all I can do is read through 2 pages of richness bashing (just ignore him, don't respond to his posts, they are idiotic and negative) sarki pumping ( again just ignore him, don't respond to his posts, they are idiotic and way to unrealistic) and JB's (still love you man, I think your sooo funny) and others perv, childish, sarcastic racism comments. Can we PLEASE keep the posts on the thread in relation to CMKX ( Melvin's wife included ) You all are acting like children and if you want to talk about off the topic stuff, go to the off the topic board. Please and thank you.

[This message has been edited by TeenageTrader (edited July 20, 2004).]
 


Posted by will on :
 
Hint? What could you mean, lol, Well, I'm sad I didn't receive an email penny.
quote:
Originally posted by tradingpennys:
is that a hint Will?


[This message has been edited by will (edited July 21, 2004).]
 


Posted by flashovertx on :
 
noah,

I for one am 100% behind you. It is hard enough trying to catch up daily on this stock without all the other non relevant and USELESS chatter. I would suggest that those that want to talk about the chicks, the drugs, the "fun stuff" go visit Yahoo and download the latest version of Yahoo Messenger. It is free and you may chat in real time to each other, its really "cool dude" Then this leaves this board open for more responsible and diligent concerns.
 


Posted by Upside on :
 
originally posted by TeenageTrader:
quote:
Good lord, well I have to say noah is right, this is absolutely rediculous... I come how from work to see if any good DD has been given out in regards to CMKX and all I can do is read through 2 pages of richness bashing (just ignore him, don't respond to his posts, they are idiotic and negative) sarki pumping ( again just ignore him, don't respond to his posts, they are idiotic and way to unrealistic) and JB's (still love you man, I think your sooo funny) and others perv, childish, sarcastic racism comments. Can we PLEASE keep the posts on the thread in relation to CMKX ( Melvin's wife included ) You all are acting like childs and if you want to talk about off the topic stuff, go to the off the topic board. Please and thank you.

Does that mean no more French women comments too?
 


Posted by JBCak47 on :
 
Okay...

I am pissing one to many friends off tonight...


Noah I am sorry... I respect you to the fullest by the way. I have much respect for Law Enforcement, hence I go to John Jay College Of Criminal Justice... Don't want to offend some of the better people... sorry boss-man. My views are generational and I understand your perspective... I personally hate to drink... I don't like that feeling, I feel way to out of control. You know how that goes.

Teen Trader:

If you hate me you must also love me,lol... I am glad I can still make a few of you laugh... You are still the bomb to me, seeing how Teen is a Teen but will totally have the one up on us (lolol!!!) and on his peers!!! You gotta love that! He maybe the smartest one here, and I mean that! You came here to find DD and found a little and a lot of laughs... What do you expect, it is Tuesday night... No new Pr's... No new rumors...

except about Michael Jackson's 4 new kids on the way (rolling my eyes)... WTF??!??

As far as CMKX? What more can we say about this stock... I love it, for all it's good and bad... I beleive in them and that is all the faith I need. UC has a lot to gain by 'winning' and if he has come this far, I do suspect he will finish the job.

The rest is up to Mother nature to provide us with some quality rock (not crack)...

-John-



 


Posted by tradingpennys on :
 
quote:
Originally posted by will:
Hint? What could you mean, lol, Well, I'm sad I didn't receive an email penny.

[This message has been edited by will (edited July 21, 2004).]


LOL ... okay MAIL !!
 


Posted by Wallace#1 on :
 
MP

There is no Jekyll or Hyde. After due consideration, I just call it as I see it.
-----------------------
Got to go now.
 


Posted by Str8Shooter on :
 
Why would all the new race car advertising be going on if there was a merger in the works. Why put the CMKX name brand out there?

And if their was a R/S planned at some point. Wouldn't that destroy any belief that this company is for real? And would The lawyer approve or be a part of that?

I also think that if the O/S count is 400billion, that approximately 3/4 of the company is still owned by UC and/or insiders. If he owns just over half of the company, I see the O/S being closer to 200billion. Just IMO after seeing posted on another board that there were around 900 investors of CMKX. Even with a seniro of around 1400 investors (not affiliated with the company) I could only see that accounting for roughly 100 billion shares tops. Maybe someone could enlighten me as to their thoughts.

I too had worried that there was no actual short problem with the MM's. From what I understood. MM's borrow large blocks of available shares at low prices, sell them off at higher prices. Pay for stocks at the agreed price with whoever was providing them, and then pocket the profits. That would coencide with the spike in early June, I thought. They bought them at .0001 in May. Sold them off between .0003-.0012 in early June and that would be it. But then there is this dividend. Why issue a dividend in a stock that the MM's can't get their hands on??? There has to be a problem right? I'm hoping so!!!

Thanks to all, and Good Luck!!!

 


Posted by Money_Penny on :
 
Noah,

I know exactly where you are coming from. However, you generation will never understand my generation, and I probably won't ever understand my son's generation when he grows up. This is just natural. In my generation "weed" is not a bad word. Neither is "alcohol" which can be a much bigger evil as far as I am concerned (if abused). In your generation, it was probably cool to hang out at the drive-in when you were a teen, in mine it was the bowling alley, and today who knows what. All I'm trying to say is open your mind and don't condem other people for acting their age. This is a comunity. There are people here from 18 - 80. Keep an open mind, please, we're all here with one goal - getting a nice return on our investment. Peace.
 


Posted by Upside on :
 
Str8Shooter,
Those 900 investors are only comprised of people who hold their actual certificates and brokerage houses that hold all other investors certificates in street name. In other words, Ameritrade would count as one investor, E-Trade would be one, so on and so forth. Ameritrade might have 1000 clients holding stock in CMKX in street name and it would still be counted as one.
 
Posted by tradingpennys on :
 
Str8Shooter
I see you are another one of the few of us that see the light. I am knew to trading and this stock has given me a crash course on "short positions". Now sterlings saying that it is double shorted... LOL How can and WHY would they naked short MICRO penny stocks? It would be a waste of time and effort with all the stocks they deal with.
It makes a heck-of-a-lot more sense they would short the bigger $ stocks. This stock DOES have billions of shares out there that they are desperate to sell before they report the financials. That's the reason (partly.. the other part is ego) for the race car promo's are for and then they give us dividends on a defunk company that is not tradable. LOL
 
Posted by Money_Penny on :
 
You people need to get a grip. So we had a few laughs tonight...so friggin' what??? There's nothing else to do, so instead of staring into empty cyberspace, there were a few jokes made on this all too friggin' serious "holy ground". Give me a break. If you may have noticed, I have also made a pledge tonight to donate money to the benefit of Melvin's dying wife, and I haven't seen anybody except Van come out and say "I do" either, so why don't all you moral apostles quit your pathetic whining and do something constructive for a change? Again, this is a public forum. If you don't like it, lock yourselves into your basements and watch the "wholy channel" all day long - I don't care. If you don't like what I'm saying or you're offended, tough $hit, this is who I am. I stand up for myself and others who can't help themselves. M_P out.
 
Posted by Money_Penny on :
 
quote:
Originally posted by tradingpennys:
Money_Penny.... Wallace is "friend". He see's both sides of a coin. As in positive and negetive posibilities. UNLIKE many on here.

Yes, Tina, and when Wallace sees the good side of the coin, I want to be the first one to know!


 


Posted by tradingpennys on :
 
Money - BEHAVE !
 
Posted by Money_Penny on :
 
quote:
Originally posted by tradingpennys:
Money - BEHAVE !

Ruff ruff. Nite all.
 


Posted by f15crew on :
 
Noah,

I am very new to stocks. I started in May, and invested a meesly (sp?) $1000 in 6 companies - CMKX, GFYF, GZFX, TSBB, WGFL, and WNMI. I have only 1300K of CMKX. I also want to say that I have only invested money that I don't care if it is lost.

I come to this board, because I feel there are a lot of smart people here that have much information to offer a newbie such as myself. I have got to disagree with you on those that post negative thoughts. I have noticed in my short time here that people that share positive thoughts are accepted and people that share negative ones are shunned. I like to hear it all. I will agree with you on the crap that was on here tonight. I usually sit back and try to absorb all that I read here, but tonight, I read for a couple of hours about CRAP. I found very little humor in any of it.

With that said, I have some questions. I may only have very little invested, but I'd still like to make some money in the end.

I use Ameritrade. I have heard a few people talk about our shares there. Some have said that Ameritrade is insured and not to worry. Others say to get certificates for proof. I have chosen not to get the certificates, because of the hassle of selling if required. Will I only know if mine are naked, when the dividend comes? If they are naked, then I am under the assumption from people here that the dividend (which is pretty irrelevent in my eyes) will not apply to me.

Again, I totally agree with you what people post here. I don't come here to read the crap that is here this evening. I don't have time to do a whole lot of my own DD, so I come here to pick up what I see in everyone else's posts. I am not speaking for anyone but myself, but if I were just starting out now, and trying to find a board to call home, I would have went on searching as a result of tonights embarrassing conversations.

Randy
 


Posted by darrenbaker on :
 
MELVINS WIFE MEDICAL FUND
I set up a web page that will link to the pay pal account. I will post it as soon as it comes on line. In the mean time you can go to pay pal and use account name
darrenbaker@opmercy.com make a donation. Who is going to be first?
DARREN
 
Posted by STAR GAZER on :
 
I came to allstocks to read about stocks. To hear the positives about a stock and also the negatives so that I would know if there was some reason to get out. If people want to shoot the bull, that's fine, but please not here. You say, well its ok because it's after hours, but if you will notice, I make my posts at these times because that is usually the only free time that I have. It is upsetting to have to wade through three pages of posts and see 90% of it involves people bad mouthing each other, or talking about underarm hair or a persons nationality. We are starting to sound like some of the other boards that we complain about.
 
Posted by HarryHar on :
 
I can see how the MM's will short this by bringing it up, walking it down and bringing it back up, and walking it down, and bringing it back up etc etc to make money during this time while they are forced to cover. I also see how they can actually make a ton of money in this next month by walking the price up, selling more naked shares, then dropping it and buying them back. This could happen a few times before Aug 20. In the midst of it, it is possible for them to retire the naked shorts little by little as they drop the price and buy back at a fraction of what they sold for when they brought the price up. Is it a good idea for us shareholders to cancel ALL our sells until after Aug 20?

[This message has been edited by HarryHar (edited July 21, 2004).]
 


Posted by GoldieStox on :
 
i have to agree. this was always my favorite board because the people were friendly, smart, open minded to different sets of opinions AND, most of all, i didnt have to deal with the BS. tonight there was a lot of it - and a bunch of inane, sexist crap too. i hate to see this board go down the drain with the others. if you want to talk sh*t - start another thread, and have a ball.
 
Posted by noahltl on :
 
Randy, I'm in the camp that believes most, if not all stocks held by us are naked shorted. However, Ameritrade had assured us that we have x-number of shares in the stock. If most or all of our shares are naked shorted, and the dividend is paid, stockholders who do not receive the dividend will be calling their brokers wanting to know why. The brokerages will then make demands on the MM's through whom they ordered your shares, to come up with the money. In the case of shares of CIM, the MM's can't come up with it, or at least enough of it to cover so many naked shorts.
Their only choice is to buy your shares. And as we get closer to Aug 21 and 30, the more they will be offering for our shares in order to cover. I suspect by then, they will be offering enough pps that we will all probably get out. Just my opinion.

[This message has been edited by noahltl (edited July 21, 2004).]
 


Posted by noahltl on :
 
Money Penny, I don't know how old you think I am, but I'm not exactly drooling on my shirt yet. I'm 58, did my college time in the mid 60's. It was my generation (though I'm not proud of it) that brought you "weed" and drug abuse in general. We did Woodstock before you were thought of. Getting stoned is not the "venue" of your generation. The only difference between your generation, and mine now, is that we grew up, had our own children, and tried our hardest to protect them from the abuses that we committed. If my "advanced" years has taught me anything, is that although "generations" change, human nature doesn't. You are looking for the same "thrills" that we did. You just don't know the costs yet.

OK, I'm not going to be involved in any "drug wars" so I'm done with it. I stand by my earlier comments.

[This message has been edited by noahltl (edited July 21, 2004).]
 


Posted by tradingpennys on :
 
quote:
Originally posted by noahltl:
Randy, I'm ion the camp that believes most, if not all stocks held by us are naked shorted. However, Ameritrade had assured us that we have x-number of shares in the stock. If most or all of our shares are naked shorted, and the dividend is paid, stockholders who do not receive the dividend will be calling their brokers wanting to know why. The brokerages will then make demands on the MM's through whom they ordered your shares, to come up with the money. In the case of shares of CIM, the MM's can't come up with it, or at least enough of it to cover so many naked shorts.
Their only choice is to buy your shares. And as we get closer to Aug 21 and 30, the more they will be offering for our shares in order to cover. I suspect by then, they will be offering enough pps that we will all probably get out. Just my opinion.

________________________________

"In the case of shares of CIM, the MM's can't come up with it, or at least enough of it to cover so many naked shorts"

That's kind of funny, not only can't the MM's come up with it, NIETHER can the company!! It is NOT tradable. lol
 


Posted by noahltl on :
 
quote:
Originally posted by tradingpennys:
________________________________

"In the case of shares of CIM, the MM's can't come up with it, or at least enough of it to cover so many naked shorts"

That's kind of funny, not only can't the MM's come up with it, NIETHER can the company!! It is NOT tradable. lol


Trading, I don't follow you here. That fact that a stock is not traded, does not prevent the company from issuing shares of stock to you. They still have stock certificates they just aren't on the boards. YET


 


Posted by HarryHar on :
 
CIM is not tradable now, but it doesn't mean that with that 1 million dollars it can't start looking for and testing for zinc deposits that make the company worth something, leading it to become a valuable company and tradable eventually. The PR did say that they are working towards being fully reporting. Not that they will for sure become that, but there's a good chance that their zinc claims are worth something. They are at least heading in the right direction for it to become a valuable company. That's all we can ask for.

[This message has been edited by HarryHar (edited July 21, 2004).]
 


Posted by XchangeMODE on :
 
I HOPE THIS THERE IS GOING TO BE LESS GARBAGE POSTED ON THIS BOARD IN THE FUTURE.

THE FACT IS THE PPS IS MOVING UP
AND THERE ARE STILL MANY QUESTIONS
ONE IS
WHAT IS THE EXACT RELATIONSHIP BETWEEN CMKX +UCAD AND DESERT STOCK TRANSFER AND MY QUESTION IS DOES ANYBODY SEE ANY PROBLEM WITH THEM BEEING THE TRANSFER AGENT .

APPARENTLY THERE WAS THIS FIASCO WITH PACIFIC STOCK TRANSFER
(I still believe in the paid secretary gving out false information ,it`s the only thing that makes any sense )

AFTER THAT INCIDENT

THE 400 BILLION SHARE COUNT IS OUT OF THE QUESTION. 50 BILLION ALWAYS MADE MORE SENSE TO ME.BUT IT COULD BE ANYTHING BUT 400 BILLION.
AND THEN THERE ARE THE RETIRED SHARES TO BE DEDUCTED
I`M PRETTY SHURE IT ALWAYS HAS BEEN SHORTED
IT IS A HIGH VOLUME STOCK
AND
NAKED SHORTED PROBABLY TOO ,WHERE IS THE VOLUME COMING FROM

NOT FROM INDIVIDUALS AND I DOUBT IT`S COMING FROM HEDGEFUNDS ALLTOUGH THE OCCASSIONAL PINK SHEET STOCK POPS UP IN THEIR PORTFOLIO
MAYBE SOON ALSO CMKX

IT`S NOT EASY TO GET YOUR ORDER EXECUTED AT A GOOD PRICE,(IT`S NOT A PERFECT DAYTRADERS STOCK)well it is but not shortterm and I`M
SHURE THAT`S WERE SOME OF THE PROFITTAKING COMES FROM
IT`S NOT LIKE EVERYBODY HERE IS TRADING IN AND OUT.
AND I`M SURE THERE ARE A FEW PEOPLE THROWING IN THE TOWEL THAT HAVE BEEN DISCOURAGED BY BASHERS AND OTHER ************

SO I`M STILL WONDERING WHERE THE ACTION IS COMING FROM
AND I WOULD SAY THE MARKETMAKERS ARE TRADING IT
AND I`M SURE IT MADE THEM A LOT OF MONEY ALREADY
AND I`M SURE A LOT OF THEM STILL DON`T SEE THIS AS COMPANY WITH A LOT OF POTENTIAL,
THEY JUST SEE THE TRADES NOT THE FACTS BEHIND THIS COMPANY
THEY DON`T DO THEIR DUE DILLIGENCE
I`M SURE THEY HAVE BEEN COVERING IN THE LAST
WEEK OR SO BUT WHEN THE PRICE MOVES UP THEY WILL PROPABLY CONTINUE THEIR GAME

BUT THEN COMES THE DIVIDEND
AND THEY WILL HAVE TO STOP
STOP AND WILL GO

AND WILL REALLY MOVE WITH THE o/s COUNT
I WOULD NOT EVEN SELL A SHARE BEFORE THE COUNT
NOT ONE
 


Posted by XchangeMODE on :
 
I HOPE THIS THERE IS GOING TO BE LESS GARBAGE POSTED ON THIS BOARD IN THE FUTURE.

THE FACT IS THE PPS IS MOVING UP
AND THERE ARE STILL MANY QUESTIONS
ONE IS
WHAT IS THE EXACT RELATIONSHIP BETWEEN CMKX +UCAD AND DESERT STOCK TRANSFER AND MY QUESTION IS DOES ANYBODY SEE ANY PROBLEM WITH THEM BEEING THE TRANSFER AGENT .

APPARENTLY THERE WAS THIS FIASCO WITH PACIFIC STOCK TRANSFER
(I still believe in the paid secretary gving out false information ,it`s the only thing that makes any sense )

AFTER THAT INCIDENT

THE 400 BILLION SHARE COUNT IS OUT OF THE QUESTION. 50 BILLION ALWAYS MADE MORE SENSE TO ME.BUT IT COULD BE ANYTHING BUT 400 BILLION.
AND THEN THERE ARE THE RETIRED SHARES TO BE DEDUCTED
I`M PRETTY SHURE IT ALWAYS HAS BEEN SHORTED
IT IS A HIGH VOLUME STOCK
AND
NAKED SHORTED PROBABLY TOO ,WHERE IS THE VOLUME COMING FROM

NOT FROM INDIVIDUALS AND I DOUBT IT`S COMING FROM HEDGEFUNDS ALLTOUGH THE OCCASSIONAL PINK SHEET STOCK POPS UP IN THEIR PORTFOLIO
MAYBE SOON ALSO CMKX

IT`S NOT EASY TO GET YOUR ORDER EXECUTED AT A GOOD PRICE,(IT`S NOT A PERFECT DAYTRADERS STOCK)well it is but not shortterm and I`M
SHURE THAT`S WERE SOME OF THE PROFITTAKING COMES FROM
IT`S NOT LIKE EVERYBODY HERE IS TRADING IN AND OUT.
AND I`M SURE THERE ARE A FEW PEOPLE THROWING IN THE TOWEL THAT HAVE BEEN DISCOURAGED BY BASHERS AND OTHER ************

SO I`M STILL WONDERING WHERE THE ACTION IS COMING FROM
AND I WOULD SAY THE MARKETMAKERS ARE TRADING IT
AND I`M SURE IT MADE THEM A LOT OF MONEY ALREADY
AND I`M SURE A LOT OF THEM STILL DON`T SEE THIS AS COMPANY WITH A LOT OF POTENTIAL,
THEY JUST SEE THE TRADES NOT THE FACTS BEHIND THIS COMPANY
THEY DON`T DO THEIR DUE DILLIGENCE
I`M SURE THEY HAVE BEEN COVERING IN THE LAST
WEEK OR SO BUT WHEN THE PRICE MOVES UP THEY WILL PROPABLY CONTINUE THEIR GAME

BUT THEN COMES THE DIVIDEND
AND THEY WILL HAVE TO STOP
STOP AND WILL GO

AND WILL REALLY MOVE WITH THE o/s COUNT
I WOULD NOT EVEN SELL A SHARE BEFORE THE COUNT
NOT ONE
 


Posted by JBCak47 on :
 
New Thread for all off topic, Politically incorrect thoughts... lol buyer beware heheh...

I welcome all, keep in mind this will cover all the stuff I got yelled at for...


http://www.allstocks.com/stockmessageboard/ubb/Forum14/HTML/000046.html
 


Posted by noahltl on :
 
Wallace, I'm willing to 'bury the hatchet' with the "Wallace" that's on the board tonight, but I'll tell ya, I have to agree with some of the people who see two different Wallaces show up here. So with reservation I say this, if that other guy shows up later, after developing a trust and following here, all bets are off.
 
Posted by XchangeMODE on :
 
SORRY FOR POSTING TWICE
I DON`T WHY IN THE PARAGRAPH THE WORD ************ GOT BLANKED OUT IT`S NOT A CURSEWORD OR IS IT !
I SPELL IT AGAIN MARKET-ACTION
 
Posted by XchangeMODE on :
 
STRANGE IT GOT CENSORED AGAIN SPELLED AS ONE WORD
 
Posted by PAUL on :
 
Good Morning,

My contact information is as follows.

Pastor@WGAT.org

To send a note of support to Melvin and Vicky.

getwellsoon@WGAT.org

Please contact me through my normal email address. I would be glad to help in any way I can.

I am sorry I did not respond sooner. I was not feeling well yesterday and wen to bed early. A friend of mine sent me an e-mail and told me of what was happening. Thank You.

Paul


I do not know this

quote:
Originally posted by darrenbaker:
Money_penny
It's set up.
I will set up Melvins bank account for later
deposit after we have something to give them.
The email account number is: darrenbaker@opmercy.com
I would like Paul to contact me so we can use him as "accountabilty" for these funds.
I will not promote this any further as it may look self serving or "fishy".
I'll leave that up to all of you.
I pray GOD'S hand and blessings on this project. Certianly HIS healing on Vicky.

Darren Baker



 


Posted by Wallace#1 on :
 
Noah,

I see two different Noahs as well. Just thought I would try. Now we both have reservations. Too bad. Now all bets ARE off.

[This message has been edited by Wallace#1 (edited July 21, 2004).]
 


Posted by Wallace#1 on :
 
Nite's Gen. Counsel resigned to join Janus Capital Group. Don't know if it had any connection to supposed naked short selling.

Also reported 2nd Qtr loss of .42.

[This message has been edited by Wallace#1 (edited July 21, 2004).]
 


Posted by Money_Penny on :
 
Morning all.

Darren, you have cash.
 


Posted by cool1sh on :
 
GO to Nasdaq.com and click on holdings summary, enter CMKX

NIAGARA INVESTMENT 2,000,000
WAGNER CAPITAL 999,999

Go CMKX
 


Posted by sarki316 on :
 
WALLACE I WANT TO KNOW TO WATCH THIS STOCK TODAY BECAUSE IT WILL MOVE. IT WILL HIT THE PENNY TODAY. TOUGH GUY!!!!
 
Posted by Money_Penny on :
 
Coolish,

That's a whooping $1500 total. To me that does not mean much.
 


Posted by cool1sh on :
 
Thats true.
I am just happy with their official presence

quote:
Originally posted by Money_Penny:
Coolish,

That's a whooping $1500 total. To me that does not mean much.



 


Posted by Brad on :
 
Here is the email response I got back from Ameritrade when I sent a message to them regarding CMKX shares being shorted. I indicated to them that I was considering requesting the actual certificates because of naked shorting theory. Here's their response to me.

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

Dear Brad:

Thank you for contacting us today regarding your CMKX shares.

Stock certificates are always available if you would like to have them. You can request a stock certificate by choosing Stock Request on the Account Services drop down menu, on the Web site.

We will charge $40 per stock certificate (not per stock) that is sent out in registered form (in the client's name). The request is sent to the transfer agent who in turn will send the registered shares directly to the client. The request will take between 2-4 weeks.

We strongly recommend against holding stock certificates in physical form due to the possibility of theft, loss, or damage. Most importantly, stock certificates in your possession can not be actively traded. Ameritrade, like all other brokerage firms, keeps its clients' certificates at the Depository Trust Company.

There are two ways you can make sure your shares are not shorted: you can remove margin from your account, or you can request stock certificates for your stock.

To have margin trading approval removed from your account, please take the following steps.

1) Any margin debit must be paid off to bring your account to 100% equity.

2) There can be no existing short or option positions, and no unsettled trades.

3) When your account meets the above requirements, please log into your Ameritrade account and send us a message using the "E-mail Us" link which can be found in the yellow bar at the left side of any page within your account. In the e-mail, you should specifically request the removal of the margin trading approval from your account. Once we receive your message, please allow 3-5 business days for the request to be processed.

*Please note that any trading activity in the account during this process will delay the conversion.

If you have further concerns or inquiries, please reply to this message.

Sincerely,

Patrice Murphy
Client Services - Ameritrade
Division of Ameritrade, Inc.
 


Posted by Money_Penny on :
 
quote:
Originally posted by sarki316:
WALLACE I WANT TO KNOW TO WATCH THIS STOCK TODAY BECAUSE IT WILL MOVE. IT WILL HIT THE PENNY TODAY. TOUGH GUY!!!!

Let's make a deal! If it hits a penny today, I'll buy you a case of champagne (or beer or moonshine or whatever you prefer). If it doesn't, you will stop posting such garbage, OK?
 


Posted by darrenbaker on :
 
quote:
Originally posted by Money_Penny:
Morning all.

Darren, you have cash.


Thanks, Thats a start!!
 


Posted by Money_Penny on :
 
Good Morning America (and the rest of the world). As you may have heard, Darren Baker has set up a collection account for the benefit of Melvin's wife Vicky, who is terminally ill. Please, please donate some money, I'm sure they can put it to good use. The account Darren set up is with Paypal (www.paypal.com). If you already have an account with PayPal, just log on, click on "send money" and enter Darren's e-mail (darrenbaker@opmercy.com) and the amount you wish to donate. If you don't have an account with Paypal, set-up is very easy. You can either have the funds drawn from your checking account or a credit card. This service is totally safe. It is used by many ebay users as the only vehicle of transferring money. I use it all the time (for ebay mostly) and I am very happy with it. Let me know if you need help with the transaction or anything else. You support will be highly appreciated.

[This message has been edited by Money_Penny (edited July 21, 2004).]
 


Posted by sarki316 on :
 
Okay!!!! I am not a person who like to talk crap. I speak the truth. This is what I hear from my boys on the floor. I called qbid

quote:
Originally posted by Money_Penny:
Let's make a deal! If it hits a penny today, I'll buy you a case of champagne (or beer or moonshine or whatever you prefer). If it doesn't, you will stop posting such garbage, OK?


 


Posted by PAUL on :
 
DarrenBaker,

Please contact me by e-mail.

Pastor@WGAT.org

Paul

A link to preview the kind thoughs so far sent to the getwellsoon@wgat.org email address.
http://www.wgat.org/getwellsoon.htm

Names have been removed from the web preview. Signaturs will not be removed from the printed version sent to Melvin and Vicky.

quote:
Originally posted by darrenbaker:
Thanks, Thats a start!!


 


Posted by VNGNTN1 on :
 
TEENAGER
I did post a topic there and it was removed; I assume the moderator feels it is a CMKX topic. Hope someday when you are older a similar situation does not plague you.
TP
I see both sides of the coin also and reject one of them. I think we have a split personality on board.(writing both sides of coin)
Let me offer a solution if all of this is ligitmate(free speech and all) 75% less posts!
VAN

[This message has been edited by VNGNTN1 (edited July 21, 2004).]
 


Posted by Booty Quest on :
 
Are you guys watching QBID? Huge gap up this morning on new carrier news.
 
Posted by VNGNTN1 on :
 
DARREN
Check your email
ALL
After thinking for a few days, would yo all agree the last 2 PR's have not helped to much, but niether have they hurt? There is also a good chance later for positive movement! No matter which side you come down on you must be evaluating PR in these terms ?????
VAN

[This message has been edited by VNGNTN1 (edited July 21, 2004).]

[This message has been edited by VNGNTN1 (edited July 21, 2004).]
 


Posted by Brad on :
 
quote:
Originally posted by VNGNTN1:

ALL
After thinking for a few days, would yo all agree the last 2 PR's have not helped to much, but neiether have they hurt? There is also a good chance later for positive movement! No matter which side you come down on you must be evaluating PR in these terms ?????
VAN


I would agree Van that the PR's didn't help the PPS over the short term but IMO it helped by putting the MM's on notice and we all now have a date to shoot for. Aug. 20 That helps me since I don't have to sit around and wonder. I'm just waiting until then.

[This message has been edited by Brad (edited July 21, 2004).]
 


Posted by PAUL on :
 
Had a friend at the races this weekend who sent me pictures. Here is the link.
http://www.akbonline.org/GETpbPIX.htm

They had a great time w/ Urban, Ron and the CMKX family.

I did not take the pix but, to my understanding.......

Top Left - Willy Wizzard
Under Saturday - RIGHT side - second down - TOPO
Left side 3 down - UCAD Pres.
Right Side - 4 down - Mrs. casavant
Very Bottom - Sterling on the Line


PLUG ; Do not ignore the banner ads on that page. They are mine! Follow the link please.


PAUL

[This message has been edited by PAUL (edited July 21, 2004).]
 


Posted by Money_Penny on :
 
Sarki, I am "glued" to my screen watching the ticker, no 2000% increase yet! When will it come? Didn't your buddy tell you, I mean he is on the floor so he should know, right?

[This message has been edited by Money_Penny (edited July 21, 2004).]
 


Posted by Money_Penny on :
 
I want to get clarification on something I read last night. The volume that shows up on our streamers, is that for total shares traded, i.e. sells plus buys, or is it for net sells, i.e. sells minus buys? Can someone clarify please? Also, why does the volume vary from service to service, where can I go to get an accurate number? Thanks.
 
Posted by VNGNTN1 on :
 
MP
It is my understanding that BUY & SELL are the same share( you can't sell unless someone buys). If you are refferring to shorting(NORMAL) there is an opposing shares in some brokers(MM) account(NAKED) The is an electronic share logged.
So if 4bn is on your streamer 4bn sold & 4bn Bought
VAN

[This message has been edited by VNGNTN1 (edited July 21, 2004).]
 


Posted by Money_Penny on :
 
LOL. I see now that was somewhat of a stupid question then. So when an MM sells a naked share, it still shows up as a sell & buy? Why do I hear then that "the buys outnumbered the sells". What creates that situation? I think I may have slept through investing 101, LOL.
 
Posted by TradingWizard on :
 
Paul/Darren
May I suggest that we create new thread for Vicky, and kindly someone can bump up to the top once in the while. The CMKX thread generates 4 pages a day and some of us may never see it - it takes 2 hours to read when it is a good stuff....

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


Posted by kguts11 on :
 
It is called Aplastic Anemia. It seems to be related to a form of Leukemia, although it is specifically a bone marrow disease.
http://www.aplastic.org/diseases.shtml

Hope this helps.

Kev

quote:
Originally posted by buzz357:
Regarding Melvins wife.I don't remember exactly what she has but I do remember they were trying to find somebody with her blood type but were not able to find anyone because it was so rare.Unfortunately they never specified what the type was.I do remember it was a life threatining disease.If anybody sets up a fund you can count me in for a donation.


 


Posted by noahltl on :
 
From another board:


alloymiken1
TERRIBLE IMBALANCE
« Thread started on: Today at 10:33am »

--------------------------------------------------------------------------------
I ran a spreadsheet on the buys versus sells this morning.

Here's is what we have as of 10:25 am. Another huge imbalance.


MM's sold 1,543,552,990 shares on 591 trades.

MM's bought 566,681,665 shares on 86 trades.

Buy versus sells - - - 74% to 26%


Guess they're still photocopying shares to sell!



 


Posted by tahoechris on :
 
hey xchange, don't type in all caps, I dont even read your posts because all caps is so annoying. Between you and diana I hate people thinking it gives them more attention.
 
Posted by pharmdman on :
 
quote:
Originally posted by kguts11:
It is called Aplastic Anemia. It seems to be related to a form of Leukemia, although it is specifically a bone marrow disease.
http://www.aplastic.org/diseases.shtml

Hope this helps.

Kev


Aplastic Anemia isn't a form of leukemia. That page refers to MDS being a pre-leukimic condition that can convert to leukemia. MDS is not related to Aplastic Anemia though. Just a clarification.....
 


Posted by noahltl on :
 
Further from another board:

gerbs

HOOLD, HOOOLD, HOOOOOOLD

--------------------------------------------------------------------------------
on Today at 09:49am, Covert $$$ wrote:This is one of the weapons in the MM's bag of dirty tricks. They trade between themselves, it keeps the volume high and the pps low. To anyone on the outside, it appears that there are plenty of free trading shares floating around in the market. This practice makes the stock look like it has no value, when in fact, we all know that it does.

If we all hold on to our shares with a death grip, in time, the MMs will succumb to the realization that in order to attract the shares they need to cover their shorts, they will have to allow the pps to climb.


Bingo! That is exactly the position we are in IMO. The slug MMs are managing the perception of the market. Problem for them is most (hopefully) shareholders have either dome their own DD or have accepted the DD done by others and are in a holding pattern for a much higher price.

Time works against the MMs.

They NEED to cover by a certain date. We DON'T NEED to sell by a certain date.

Gerbs

 


Posted by Brad on :
 
This from Dr. Diamond on another board. Apparently he's having trouble following Sterling's double naked sharing theory.

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

This is wild! http://cmkx.********s35.com/index.cgi?board=general&action=display&num=1090363677

NSS = Naked Short Shares
MM’s = Market Makers

Sterlings Scenario suggests two 500 Billion inventories as a mirror:
1st inventory = 500 billion naked short shares sold to us at $15 billion
2nd inventory = 500 billion NSS sold to MM's by MM's for $250 million

This totals 1 trillion NSS = $15 billion – $250 million = $14,750,000,000
Which has already been spent a long time ago.

Scenario says:
1st Inventory made $15 billion all profit for MM's
2nd Inventory cost $250 million expensed from profits of 1st inventory sell and is not an actual expense.
Actually the $250 million was for NSS created out of thin air so all of the profit goes right back to the MM’s so there is no cost at all and the Profit would still be $15 billion from the first sell of the NSS in the 1st Inventory. So since it was spent a long time ago the MM’s are still FLAT for the day with 1 trillion NSS in hand.

The MM’s have to get the NSS out of the market that they sold us and make them cease to exist. How? The scenario suggests $15 billion put back to wash out the old transactions and get the 1st NSS out of circulation. How? The scenario further suggests a boosting of the BID price to entice us to sell the NSS we are holding so they can be captured and extinguished.

The explanation is that the levels of covering is pretended to be .10/.20/.30/.40/.50

The 1st shaking produces 100 billion NSS kicked lose and covered for a measly .10 each or a maximum of $10 billion paid for by the MM's and is used to cover 100 billion of the 1st inventory and exterminating the 100 billion of the 500 billion NSS of the 1st Inventory

This makes the MM's $10 billion in the hole they paid out for the 100 billion shares of ours.

Now to recoup that the scenario suggests that the MM's now will sell 100 billion of its own NSS from the 2nd Inventory to none other than themselves thus recouping the $10 billion they had to pay for our 100 billion NSS from the 1st Inventory.

This makes sense:

Pay $10 billion for our shares and dispose of them
Then pay $10 billion for their own shares and dispose of them

$10 billion plus $10 billion = Zero? Wrong = $20 billion

Now the MM's are down $20 billion with the exception they just made $10 billion from themselves so they are actually only down $10 billion. But if you subtract the $10 billion they are down from the $15 billion they made as profit from the first inventory of NSS then they are actually still $5 billion ahead until you subtract the $250 million it took to buy the 2nd inventory which actually didn't cost them anything because they created NSS and sold them to themselves so they still made $250 million profit off the 2nd inventory and are still up a full $5 billion.

So they have successfully disposed of 200 Billion of a trillion naked short shares and only 800 billion NSS to go.

The MM's are looking real good. So let’s move it on up to the 2nd level of covering at .20.

We sell another 100 billion at a rather low price of .20 each and the MM's get a real bargain at only $20 billion dollars for our 2nd batch of 100 billion NSS that they can now erase from the 1st inventory and can now duplicate the sell to themselves from the 2nd inventory as in the plan of the scenario for the $20 billion they had to spend on our 1st Inventory NSS and we can recalculate our totals.

This makes sense:

Pay $20 billion for our shares and dispose of them
Then pay $20 billion for their own shares and dispose of them

$20 billion plus $20 billion = Zero? Wrong = $40 billion

Now the MM's are down $40 billion with the exception they just made $20 billion from themselves so they are actually only down $20 billion. But if you subtract the $5 billion they were up at the end of the 1st level of covering from the $20 billion they are down as a result of the 2nd level of covering from the first inventory of NSS then they are actually still only $15 billion down until you subtract the $250 million it took to buy the 2nd inventory which actually didn't cost them anything because they created NSS and sold them to themselves so they still made $250 million profit off the 2nd inventory. Now they remain at a cool "negative $15 billion"

So they have successfully retired 400 Billion of a trillion naked short shares and only 600 billion NSS to go.

As this scenario continues to unfold I believe it is obvious that:
At .30 Level of covering they lose another $30 billion dollars to cover our 100 billion shares for the 1st inventory and the second inventory is bogus. You can't sell something to yourself without paying yourself from your own funds. You don't make anything by paying yourself for something you sell to yourself!

The same can be seen at .40 and .50 as the MM's would lose another $90 bilion dollars and set them in the hole according to this scenario only $135 billion dollars to retire 1 trillion NSS shares.

I may have missed something that Sterling was saying so if I did please give me some input.

If you create NSS and sell them to yourself then you have no expense. But you don’t really have anything either. It is all profit, but it is also nothing. It doesn't matter if you pay .0005 or .0050 or .05 for the NSS, because you are selling NSS with real cusips to yourself that you created out of thin air to dispose of. You own 500 billion NSS that cost you $250 million that you didn't have to pay because all of it was profit to you. So you got nothing for nothing and that is exactly what it is, NOTHING!

You can't sell something to yourself for $10 billion (or nothing) and take that $10 billion (or nothing) as in the 2nd Inventory and therefore wipe out a $10 billion dollar expense to cover 100 billion NSS you had to pay out in cash to shareholders and dispose of them from existence in the 1st Inventory.

Sterling, I love you man, but you need to make this a lot plainer brother. I know you know better than this so I must have missed something somewhere. Anyone that knows the answer to the riddle please chime in.

Somebody help me!

Dr.D

 


Posted by VNGNTN1 on :
 
TW
I tried on OFFTOPIC yesterday and it was removed unless there were server problems at the time.
- - - - -
NSS THEORY(a test)
I Placed these column headings on paper
Trade size
Trade price
ASK(sell
BID(buy)
NSS Inventory
CASH(+/-)
---------
I then ran some trades down the rows(different trade sizes,different bid /ask combinations)
---------
At NO TIME regardless of NSS position was my CASH negative.
=========
Anyone care to reconstruct this scenario and comment ? I'm not doing this to to disprove Naked Shorting, Only satify mayself that it doesn't matter and the key is in the "SPREAD"
VAN

[This message has been edited by VNGNTN1 (edited July 21, 2004).]
 


Posted by Money_Penny on :
 
"They NEED to cover by a certain date. We DON'T NEED to sell by a certain date."

That line is worth repeating over and over again!


 


Posted by noahltl on :
 
Here's some good DD and a little math to wake up your brain this morning:

-------------------------------------------------------------------------------- http://cmkxcafe.********s34.com/index.cgi?board=cat&action=display&num=1090385232

By: itsallaboutthemoney6
20 Jul 2004, 11:18 PM EDT
Msg. 407082 of 407155
Jump to msg. #
UCAD/(CIM) DIVIDEND = 15/80,000 SH. PER 1 MILLION SH. OF CMKX.

A DIVIDEND OF 7,500,000 SHARES OF UCAD.

DIVIDED BY 500,000,000,000 AUTH. SHARES OF CMKX.

7,500,000 / 500,000,000,000 = .000015 SHARES UCAD.

.000015 SHARES UCAD FOR EVERY 1 SHARE OF CMKX YOU OWN.

.000015 UCAD * 1,000,000 CMKX = 15 SH. DIV. PER 1 MILLION.


NOW HERE IS THE INTERESTING PART!


7,500,000 SHARES OF UCAD REPRESENTS THE VALUE OF 5% OF CMKX'S MINERAL RIGHTS CLAIMS.

100% / 5% = A MULTIPLIER OF 20

CURRENT - UCAD SHARE PRICE = $4.75 PPS.

$4.75 PPS * 7,500,000 SHARES = $35,625,000.00 USD.

TOTAL CURRENT CLAIM VALUE FOR CMKX =

$35,625,000.00 USD. * 20 = $712,500,000.00 USD.

$712,500,000.00 USD. / 500,000,000,000 CMKX A/S =

CMKX PPS OF $.001425 PER SHARE WITH AN A/S OF 500B.

WE ARE CURRENTLY UNDERVALUED BY 300%


THESE CALCULATIONS ARE BASED ON A MAX. O/S OF 500B SH.!

THE O/S IS IMMATERIAL AT THIS POINT.


WE ALSO HAVE 40B SH. OF (CIM) BOUGHT @ $.000025 PPS.

WHICH WILL BE DISTRIBUTED PRO RATA TO ALL CMKX SHARE HOLDERS OF RECORD ON 8/31/04.

40,000,000,000 / 500,000,000,000 = .08 SHARES (CIM).

.08 SHARES (CIM) FOR EVERY 1 SHARE OF CMKX YOU OWN.

.08 (CIM) * 1,000,000 CMKX = 80,000 SH. DIV. PER 1 MILLION.

I FEEL THINGS ARE COMING TOGETHER JUST FINE SORRY BASHERS

I AM LOADING UP THE TRUCK IN THE A.M.! MM'S ARE SCREWED.

THE MATH IS THERE PEOPLE, BUY BUY BUY!

STRIKE.

(((((( GO CMKX ))))))
By: itsallaboutthemoney6 http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=407082 [/quote]




 


Posted by kguts11 on :
 
Thanks for the clarification. I wasn't sure. I just glanced at it and posted the link. I'm actually not in the least familiar with that particular disease.

Kev


quote:
Originally posted by pharmdman:
Aplastic Anemia isn't a form of leukemia. That page refers to MDS being a pre-leukimic condition that can convert to leukemia. MDS is not related to Aplastic Anemia though. Just a clarification.....


 


Posted by TradingWizard on :
 
quote:
Originally posted by VNGNTN1:
TW
I tried on OFFTOPIC yesterday and it was removed unless there were server problems at the time.
VAN

Thanks VAN,
May be allstocks did not wanted to run such info on their board - oh well, may be once in the while we should repost the message in this thread to make more people aware...

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


Posted by Brad on :
 
This seems to be recurring theme with all the boards. http://1millionaire.********s31.com/index.cgi?board=DRD&action=display&num=1090419523

quote:
on Jul 20th, 2004, 1:51pm, bigD wrote:I have a question for anyone who has the answer.

The theory that the dividend is a play by UC to make the shorts cover is some what confusing to me. Lets assume that the dividends are being issued in an attempt to make the MM's cover. From all the posts I have read nobody plans on selling before the issue of the dividends so how will the mm's be able to cover. If the whole point of covering the short position is to take the counterfeit shares out of the market before the dividend date and none of us sell to the mm's what will happen?

I understand how it would work if some loose hands sold before the dividend date, but if the Naked position is as large as some are saying (trillion shares) then how will the mm's possibly be able to cover that amount when the vast magority of nakes share holders are not selling? I for one do not intend to sell my shares until at least after the issue of the dividend. If the majority of shareholders are like me (I beleive they are) then what can be done to make the mm's cover? Will the SEC finaly have not other choice but to address the issue?

Any comments are appreciated.

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

Great question "Big D". You should have threaded this one.

To be pretty matter of fact about the question "Big D" there would be only one sure way for them to cover is to keep offering and adding to the PPS until they manage to get to a high enough price for the longs and shorts to sell.

How high you might ask? No one knows for sure. What we do know for sure is they cannot cover without real shares to do it with. The fact would continue that they would probably have to go through and buy ALL Available shares and settle naked share positions with them, and then do it again , and again, and again, and again, and again.......

They can only use the authorized shares of CMKX they can get their hands on to cover with and if no one is willing to sell low (.0005 to .010 then they will have to keep uping the PPS until our emotional sell button is pushed. Believe me everyone has an emotional sell button. They may say they don't, but they do!

I will leave room for others to respond.

Still a great question.

Dr.D



[This message has been edited by Brad (edited July 21, 2004).]
 


Posted by noahltl on :
 
Good morning everybody. Gotta leave here and head for the fair with all of the heat and humidity, noise and confusion, children yelling, and hawkers barking their wares, dust and dirt, winners and losers. Wait a minute that's no different than it was in here last night. LOL No wonder I like it there. See ya all this evening.
 
Posted by JBCak47 on :
 

WHOA!!!!!!!!!!!!! WAIT!!!!!!!!!!


As of 8/31/04 if we own cmkx we will ALSO be getting CIM??? I thought the CIM shares were already done...

So we are getting both UCAD AND CIM??? I know we will, hopefully, get the UCAD but I never realizied CIM shares as well...

-John-
 


Posted by VNGNTN1 on :
 
NOAH
I think there is a flaw in that logic. The value was set at time of agreement regardless of dividend date at a value; and the fact that UCAD is moving up does not affect the "LAST SALE" value. I do think that this particular deal transferred greater value to UCAD. The question is how many on this board will follow it? UCAD is pricy for those here and the financial don't indicate a pps either. I have a limit order in for $3.00
VAN
 
Posted by pharmdman on :
 
quote:
Originally posted by JBCak47:

WHOA!!!!!!!!!!!!! WAIT!!!!!!!!!!


As of 8/31/04 if we own cmkx we will ALSO be getting CIM??? I thought the CIM shares were already done...

So we are getting both UCAD AND CIM??? I know we will, hopefully, get the UCAD but I never realizied CIM shares as well...

-John-


LMAO... welcome to the here and now, JB!

Better late than never, I suppose.... But I know what you're thinking.... you're thinking, "how many shares of CIM and UCAD can I trade for 1 million IQD?"....
 


Posted by Garfield1981 on :
 
Can we see 0.0006 by the end of today?
 
Posted by JBCak47 on :
 
Taken from The Simpons:

This is a CUBE...

WHOA!!! Slow down egg head...
=============================================

SO WE WILL BE GETTING CIM SHARES????

Okay, so perhaps my mind has been clouded this morning, however Pharm I will ask you again, my friend, if we hold cmkx shares on 8/31/04 we will be getting a dividend of CIM shares PLUS UCAD???

Didn't cmkx owners already recieve CIM shares? I am still confused (does that surprise any of us here )

Wow UCAD AND CIM shares,wow... not to shabby... lol...


Now Pharm again, I ask, how is the hot tub? I expect if CMKX hits you will be having soem sort of event, perhaps a 'bash' or even a party! How far are you from Disney? Perhaps we can have a Diamond Party in Disney

Or visit the Saint Augusteins Aligator Pharm heheheh... that place was a trip,heheh...

Don't mind me, I already did a wake and bake, a pigeon stole, no, mugged me last night. I have been named as an instigator in last nights broo-haha... You know when I was in second grade, a group of us got tape across our mouths, duct tape, for talking (catholic school)...lol... puts things into perspective, when we went home and told out parents, they laughed at us and said it was our own fault it's true... Too bad they couldn't even do 10% of what was done to us, and what was done to us was 10% of how the catholic schools worked 30 years before me,lol...

-John-

-John-
 


Posted by JBCak47 on :
 
Pharm, let me tell you,

the day CMKX hits for me, Those dinars become MINE!

For 9000 you get 10 MILLION dinars... for 18k you get 20 Million

Now I am not saying I will blow 18k however if CMKX hit for me, I'd blow 9k for 10 Million dinars... Even if it only went to one cent, 100k in CASH... and that would make it just 1/33rd of the value of the Dinar BEFORE our second Invasion... hmmmmmm....


-John-
 


Posted by pharmdman on :
 
JB, Yes. You will be receiving CIM and UCAD.

If you are a shareholder as of 8/20/04, you will receive UCAD at a future, undisclosed-as-yet date.

If you are a shareholder as of 8/31/04, you will receive CIM at a prorated amount.

Granted, there is plenty of room for disappointment, but just hang tight for now.

BTW, the hot tub is fantastic! I've damn near turned myself into stew a few times! ... and I'm only a heavy hour from Disney..... If we want to do a bash with the rat, I'm in!
 


Posted by JBCak47 on :
 
Sarki...

WTF is that .25 mark, or even the .01 mark...

I have Dinars waiting for me that need to be bought!

Pharm has plans too, like a super delux hot tub, diamond encrusted dials... His car of choice? 1967 VW Hippy Van. Complete with small bed in the back. With also Disco Ball and sound system. His Plate: QBIDMNY, bumper sticker: GOT CMKX?

TeenTrader needs his suped uped Lexus, with diamond rimms that spin backwards. Diamonds everywhere, on the dials, seat belts, hell UCAD will mine the gold for his seatbelts, along with CIM, CMKX provides the Diamonds...

Teen Trader also is looking into buying a 'HOG'... Not just any typical motorcycle. He wants the one that is so big, so bulky, the one where you have to stretch your arms SO HIGH UP that you devolp back pain after 10 mins of riding... He is also looking for a model with a little side pod. TeenTraders plate: DMNDNGRLS for the Lexus
MOVBITCH for the hog... :)


Stoned just needs to watch his back. Beware of who feeds you... I know how to make a diamond look like typical bird seed... You have something of mine and I want it back!;)
No mode of transportation for SP other than wings... Hits plate: BULLSEYE (He gets a life time supply of wild bird seed)

Noah, The Commish of Allstocks. He needs a Bretta with diamond tipped bullets. Capable of piercing the thickest kimberlite protected vests.heheh...
Noah, like any member of law enforcement will be riding in a Grand Marquis, typical of his undercover enforcement days of working the beat. No flashy diamond encrusted things for him. However the kind people at UCAD gave him enough steel chrome for life!

MoneyPenny... Soon to change his screen name to MoneyDiamonds... His car of choice?
None other than a 1968 Ferarri. MP knows style and grace, hence the car. His plate: DIMNDMNY

No hog for him, He gets a Sea Ray Amberjack boat... very nice. Name of the Boat? Fishin' fo' Diamonds

=============================================
-John-

P.S. I still beleive in humor. This board can get rather dry and talking about O/S day after day after day... lol... we need some humor or we will get very moody.


 


Posted by pharmdman on :
 
quote:
pharmdman
posted June 22, 2004 12:29
I'm changing my license plate to "Sik O W8N"

VW? LMAO!.... more like an Aston Martin Vanquish....
 


Posted by Upside on :
 
John,
Sarki posts the same b/s on the QBID thread. Claims to have runners on the floor of the exchanges telling him they're both going to at least a penny today. The guys a joke.
 
Posted by JBCak47 on :
 
Sarki was almost right about qbid today but then again... going from .0064 to .009 versus from .0005 to .01 is a HUGE difference... lol...

-John-

The guy is nuts, the profit taking that would occur,lol... I mean to do a jump like that, .0005 to .01 lol... Nice to dream though...

-John-
 


Posted by JBCak47 on :
 
I forgot about upside...

With has share of diamond money, He buys himself nice little Vespa. Don't knock the Vespa... The ability to get in and out of tight places can only be achivied with the Vespa. Why the Vespa? When everyone else is sitting in Traffic at 12:45 pm, Upside quickly weaves in and out, gets home with his lunch and is able to catch a quick run up on qbid, day trading and making some profit he would otherwise have missed sitting in an SUV (TeenTrader misses that run up)...

Upsides Plate: DWNSIDE

Alas, Vespa Scooters are inexpensive. So he buys himself a nice little home, Maybe Arizona, or New Mexico if the heat is too much. You see Upside has a plan. He knows that when stocks hit big, everyone goes to Vegas. He situates himself close enough to Vegas so he can attend all parties when his stock hits big.

-John-
 


Posted by pharmdman on :
 
I think I see Booty driving the Oscar Meyer Wienermobile.... LOL... with the license plate... "Pickle 1" or "Bty Qwst"

(ok, we all know he's gonna get me back for that one... )
 


Posted by Brad on :
 
Response from Dr. D on question regarding shares.

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

quote:
on Jul 20th, 2004, 9:04pm, litlmartin wrote:
I have been a shareholder for about 6 weeks now. I still plan on buying more. If there have been so many shorts, then my purchase is probably one of them, right? So if my purchase isn't recorded, will I get the dividends? Is there any way they can screw me over? How safe are my current and future shares? Any insight would be greatly appreciated.

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


hi litlmartin

More than likely all shares in the last month have been Naked Short Shares. Unless you are on record with the company as being a shareholder THERE IS NO GUARANTEE from the company that you will get your dividend. The MM's are not responsible or accountable to us to pay any dividend, it is actually the brokerage firms and dealers that are responsible for seeing the dividend is paid to its clients. If they are holding a naked short position which will show a "failure to deliver" for a MM then they either have to get the MM's to cover the NS position and complete the naked short transaction by settling or the brokerage firm will have to do it themselves.

Most don't understand that by leaving their entire CMKX position at brokerage level they are actually leaving ALL of their CMKX shares in "Street Name" meaning that none of these individuals that have shares are known to the company as being share holders. When the shares are maintained and held in a Brokerage firm account then the shares are all kept in the "Street Name" or the brokerage firm name.

Explained:
Share holders that have their shares exclusively in Ameritrade will find that their shares are in the "Street Name" of Ameritrade and the company and Transfer Agent recognizes that Ameritrade has XXXX amount of shares, but the individual is unknown. The brokerage firm carries the responsibility then to guarantee and RECORD your position in CMKX out of the XXXXX amount of Street Name Shares it has in its possession from CMKX.

The dividend works the same way and the actual dividend payments will be made to the brokerage firm that have XXXXX amount of shares in its "Street Name" and if things don't settle for an investor client on the dividend settling date then it is the brokerage firm that will have to answer first.

I believe all will be settled by the brokerage firms and MM's, but I cannot guarantee that only time will tell. There are different options to holding your securities you may want to consider.

As an investor, you have up to three choices when it comes to holding your securities:

Physical Certificate — When you own the physical certificate for your CMKX stock it is registered in your name on the issuer's books whether it is the company, a Transfer Agent, or brokerage firm and you receive an actual printed stock certificate representing your ownership of the CMKX shares.

"Street Name" Registration — Your CMKX shares are said to be held in “Street Name” when your CMKX shares are registered in the name of your brokerage firm (the brokerage firm is the “Street” for all investor clients in their brokerage firm creating the metaphor as being for all clients that live on that “Street”) on the issuer's books, and your brokerage firm holds the CMKX shares for you in "book-entry" form. "Book-entry" simply means that you do not receive a physical certificate for your CMKX shares but instead your broker keeps a record in its books that you own a specific amount of CMKX shares.

"Direct" Registration — Another form of holding for your CMKX shares is what is referred to as “Direct Registration”. You can choose to have your CMKX shares registered in your name on the issuer's books, but permitting either the company or its transfer agent to hold all CMKX shares for you in book-entry form. One benefit of this is that "Direct Registration" can allow you to transfer your CMKX shares that you hold to another investor.


There are some advantages to having your certificates
of CMKX:

The advantages of holding an actual certificate include:

1. CMKX knows exactly how to reach you and will be able to send all company reports and other information to you directly without you waiting for the information to trickle down through other sources. This also insures the validity of the information to you.

2. If you need some extra money and decide to go to the Bank or Loan Company you will probably find it a lot easier to offer your securities as collateral for a loan if you are holding the actual certificates yourself in physical certificate form and can present them at the time of the Loan processing.

3. If you plan on holding long on CMKX or any other security, certificates make this easier because of the time and steps necessary to get them back into the market.

4. If a naked short sell position is affecting the security (such as CMKX) this will secure your holdings in the company in case of a failure of the market makers to deliver or the brokerage firms to complete the naked short sell and fail delivery on your security!

The disadvantages include:

1. One of the most obvious drawbacks to holding the physical certificate for your CMKX stock is when you want to sell your stock. If the price gets right for you to sell it could pass before you can get in a position to sell. Why? Simply put, you will have to send the actual certificate to your broker or the company's transfer agent and it has to go through their channels before you can actually execute the sale. This may make it impossible for you to sell your position quickly if you need a fast out for the process can take a few days to several weeks to accomplish.

2. If for some unseen reason you happen to lose your certificate, whether it is never received in the mail, destroyed by fire, water, stolen, or simply misplaced or lost you may be charged a fee for a replacement certificate. Although if the lost or stolen certificate is reported quickly there is a chance there may be no fee at all.

3. A not so difficult downside although needing to be mentioned is the fact that if you happen to be doing well, buy a new house and move, then you will have to contact the company with your change of address so that you do not miss any important information they may be trying to mail to you. This is not updated automatically and you will have to contact them to update the current address information.

I hope this helps.

Dr.D



 
Posted by Leardron on :
 
quote:
Originally posted by noahltl:
From another board:


alloymiken1
TERRIBLE IMBALANCE
« Thread started on: Today at 10:33am »


Well I can vouch for this. I have had a sell order in at .0005 since yesterday and they haven't processed it yet. I see Billions of shares going at .0005 but they can't squeeze in my measley little 6.5 million shares. Seems a bit rediculous to me.

[This message has been edited by Leardron (edited July 21, 2004).]
 


Posted by sarki316 on :
 
Look I am not her to talk crap. I think that CMKX will hit the penny range. I thought it would be today, but I was wrong. Look after all these transaction cmkx has done in the past days tells me it's leading into something BIG!!!!!

I WAS RIGHT ON QBID THOUGH gotta give me that. LAUNCH DATE IN SEPTEMBER.

quote:
Originally posted by JBCak47:
Sarki was almost right about qbid today but then again... going from .0064 to .009 versus from .0005 to .01 is a HUGE difference... lol...

-John-

The guy is nuts, the profit taking that would occur,lol... I mean to do a jump like that, .0005 to .01 lol... Nice to dream though...

-John-



 


Posted by tahoechris on :
 
CMKX right now, doesn't have the value to hit a penny, imo. I own a bunch, and am trying to pick up some more, but I think we have a long while before it hits a penny. Yes all the dividends are awesome news, and we might get some even better news in the next month, but after all that, we need diamonds!

[This message has been edited by tahoechris (edited July 21, 2004).]
 


Posted by kevy0899 on :
 
I am new to trading and was hoping for some input. I had a GTC sell order for CMKX sitting for over a month at $1. It was cancelled on Monday with no explanation by ETRADE. I placed the sell order again for $1 on Monday and Tuesday and the same thing happend. If they were canceling it because it was too far away from the current price, why wouldn't they have done it a month ago? Is this behavior strange to anyone? Any thoughts would be appreciated to this beginner. Thanks.
 
Posted by JBCak47 on :
 
The Great Sultan of Pharmania wrote:

"think I see Booty driving the Oscar Meyer Wienermobile.... LOL... with the license plate... "Pickle 1" or "Bty Qwst""


HAHAHAH I have a little match box wiener mobile... Perhaps these could be the Q-Mobiles?!?!?

Imagine the Wiener Mobile, with large Phalic hot dog sticking out the front of the Car with the words "The Q-Televesion Network" heheheh...

Booty Quest... How could I forget. I think Pharm hit the nail on the head. totally BTY QWST... heheheh...

Booty would also buy a Jet Ski, SeaDoo I would tend to think.

On the Back it says "Chase This Up"
=============================================

Sarki when I say you are nuts I mean it in a loving, pumper way...heheh...

A penny? Well anything is possible, I don't see a penny buy next week however, but who am I?

You were right about Qbid... so who knows,lol...

Something has been up with this stock since May or so, in my opinion... way to many gray areas to figure out, thats why I am stil buying more. I have an order in for 370k at .0003 Perhaps it will fill, probably won't but I have seen MM's do these games before in the last 8 or 9 months I have been watching the stocks...

============================================

Its 1:30 pm. Time for a 'smoke' break. I also need lunch... Maybe Ham and Swiss with mayo s/p? Yeah, the usuall...

=============================================

FYI I plan on EVENTUALLY getting a boat (provided I have the money)... I am thinking of calling it 'Diamonds in the Smoke'...

=============================================

-John-

P.S. Every day I feel more and more confidant of CMKX!


 


Posted by Upside on :
 
originally posted by pharmdman:
quote:
I think I see Booty driving the Oscar Meyer Wienermobile.... LOL... with the license plate... "Pickle 1" or "Bty Qwst"

Back in my single days I actually looked into being a wienermobile driver. Not a bad gig for a single person. It paid around 30k a year to drive a hot dog around the country. All hotels were paid for and there was a clothing and food allowance too. Nice way to see the country, from a hot dog.
 


Posted by pharmdman on :
 
quote:
Originally posted by Upside:
originally posted by pharmdman:
Back in my single days I actually looked into being a wienermobile driver. Not a bad gig for a single person. It paid around 30k a year to drive a hot dog around the country. All hotels were paid for and there was a clothing and food allowance too. Nice way to see the country, from a hot dog.

Seems to me that would be a one-eyed view of the country!
 


Posted by Upside on :
 
originally posted by pharmdman:
quote:
Seems to me that would be a one-eyed view of the country!

Now that's funny! LOL!
 


Posted by VNGNTN1 on :
 
quote:
Originally posted by kevy0899:
I am new to trading and was hoping for some input. I had a GTC sell order for CMKX sitting for over a month at $1. It was cancelled on Monday with no explanation by ETRADE. I placed the sell order again for $1 on Monday and Tuesday and the same thing happend. If they were canceling it because it was too far away from the current price, why wouldn't they have done it a month ago? Is this behavior strange to anyone? Any thoughts would be appreciated to this beginner. Thanks.

Ameritrade uses a different dictionary than the regular market. GTC means until YOU Cancel: They interpret it good thill end of following month.(YEA its a pain)
VAN


 


Posted by Money_Penny on :
 
John,

I couldn't stand the thought of you having more shares than me (lol), so I wired some money this morning and put in an order for 1.22 million at .0004. I hope it goes through!
 


Posted by Justhis1ce on :
 
Good afternoon everyone, I was hoping to find out how I can obtain a verication of CMKX stock in my name. Secondly, how can money wired to a broker be ready for use on the same day of transfer? Any help would be greatly appreciated, thank you.

------------------
MAF
 


Posted by Brad on :
 
quote:
Originally posted by Justhis1ce:
Good afternoon everyone, I was hoping to find out how I can obtain a verication of CMKX stock in my name. Secondly, how can money wired to a broker be ready for use on the same day of transfer? Any help would be greatly appreciated, thank you.


Call your broker or look up your account online to verify stock in your name. They'll tell you whether you have it or not. As far as wiring goes, I can speak for Ameritrade, as you long as you go to your bank and wire the money they consider that an immediate electronic cash trasfer of funds and are available immediately for trading from brokerage account.


 


Posted by Brad on :
 
quote:
Originally posted by kevy0899:
I am new to trading and was hoping for some input. I had a GTC sell order for CMKX sitting for over a month at $1. It was cancelled on Monday with no explanation by ETRADE. I placed the sell order again for $1 on Monday and Tuesday and the same thing happend. If they were canceling it because it was too far away from the current price, why wouldn't they have done it a month ago? Is this behavior strange to anyone? Any thoughts would be appreciated to this beginner. Thanks.


I noticed on another board that several other people using ETRADE had the same thing happened to them. And they were for GTC orders that were only 2 days old and for only .10 pps. Doesn't make sense to me but I don't use ETRADE but I at least wanted you to know it happened to someone else as well.

 


Posted by HarryHar on :
 
What Dr D says earlier in this page is not true. The MM's don't have to up the PPS until people are willing to sell their REAL shares in order for them to cover. All they have to do is create more naked shares, move the price up and sell the new naked shares. For example, they create 50 billion more naked shares. They move the price from today's .0005 to .0006 to .0007 all the way to .001 in two days (for example). The whole way up, they are selling these shares, and sell the most at .001 with MM-paid pumpers in place. After they sell the 50 billion new naked shorts, they walk the price down, in a day or two. They may even bring it under .0005 maybe to .0004 at which price all those that just bought (the newcomers) are scared and sell- to the MM's which buy it all back. Also, those that have been holding may get scared from the MM's games and sell too! Think of all the profit they make. 50 billion shares * .0003 (ave gain) is 15,000,000 dollars. Yes they are still naked on the original naked shorts, but they have 15 million dollars now to buy back real shares. If they do this 5 times in the next couple weeks, they can easily make back the money to buy back their naked shorts. Any opinions? In the end, when the shorts are covered, do you all think the price will end up around .0012? After that, it should trade according to real market demand and supply?

[This message has been edited by HarryHar (edited July 21, 2004).]
 


Posted by Wallace#1 on :
 
Re that post of "itsallaboutthemoney" reposted by noahltl at 11:22:

Those 7.5 mil shares bought only 5% of the mineral rights that UCAD thinks are valuable.
That does not mean the that the balance of CMKX's mineral rights (95%) have the same value. It could be more or it could be less...billions $$$$ or worthless looking at both extremes.

That would depend upon whether or not additional claims can produce profitable results. Therefore, it would be impossible to determine the value of CMKX based upon the deal with UCAD.
 


Posted by WinsumLosesum on :
 
Kevy-

GTC orders expire after a month. You have to renew the order.

______EDIT_____

And NOW I see that's old news, already. Sorry bout that.

Sincerely,

The Department of Redundancy Department

[This message has been edited by WinsumLosesum (edited July 21, 2004).]
 


Posted by Justhis1ce on :
 
quote:
Originally posted by Brad:
Call your broker or look up your account online to verify stock in your name. They'll tell you whether you have it or not. As far as wiring goes, I can speak for Ameritrade, as you long as you go to your bank and wire the money they consider that an immediate electronic cash trasfer of funds and are available immediately for trading from brokerage account.



Thanks Brad, very helpful.


 


Posted by HarryHar on :
 
Wallace

that is a fair and balanced statement...UCAD may have gotten the sweetest deal ever in the history of Fort A La Corne if the holes they have rights to produce a 40Billion dollar mine. 5% of 40 billion is 2 billion dollars, for the price of 15 million? But if there's a rat's butt for a diamond in the whole area they own 5% of, they may have paid 15 million for a rat's butt. I think either way, Urban gets paid through UCAD in the first scenario, or Urban gets paid through CMKX in the second scenario. My opnion.
 


Posted by FJEAN2 on :
 
I just noticed it's almost 3 pm and CMKX volume is only about 850 million, does anyone know what's up with the low volume today? Is CMKX about to blow up and everyone's just holding tight?
holding 61 million cmkx

------------------
IN SUB-PENNY WE TRUST
 


Posted by Money_Penny on :
 
quote:
Originally posted by Wallace#1:
Re that post of "itsallaboutthemoney" reposted by noahltl at 11:22:

Those 7.5 mil shares bought only 5% of the mineral rights that UCAD thinks are valuable.
That does not mean the that the balance of CMKX's mineral rights (95%) have the same value. It could be more or it could be less...billions $$$$ or worthless looking at both extremes.

That would depend upon whether or not additional claims can produce profitable results. Therefore, it would be impossible to determine the value of CMKX based upon the deal with UCAD.


My understanding is that UCAD has 5% rights on whatever CMKM finds. They did not get the full rights to a chunk of land that is 5% in size of the total. So if CMKM uncovers a mine worth 40B, then UCAD gets 5% of that which is 2B. Am I wrong?
 


Posted by Wallace#1 on :
 
Brad/Justhis1ce -

Yes, your broker is saying the stock is in your name. However, that is only in connection with the electronic recordkeeping through themselves and DTC. In essence, those shares you have are in "street name", meaning they are in the name of the broker. The Transfer Agent does not have that very same information, and therefore, would probably not have the shares in your name. To carry it beyond to the possibility of the existence of naked shorted shares (what I call "air shares"), the only way to guarantee shares are in your name is to physically get them through your broker, through DTC and then from the Transfer Agent.
 


Posted by Money_Penny on :
 
quote:
Originally posted by FJEAN2:
I just noticed it's almost 3 pm and CMKX volume is only about 850 million, does anyone know what's up with the low volume today? Is CMKX about to blow up and everyone's just holding tight?
holding 61 million cmkx


I'm showing 5.2 billion.


 


Posted by Money_Penny on :
 
quote:
Originally posted by Money_Penny:
Good Morning America (and the rest of the world). As you may have heard, Darren Baker has set up a collection account for the benefit of Melvin's wife Vicky, who is terminally ill. Please, please donate some money, I'm sure they can put it to good use. The account Darren set up is with Paypal (www.paypal.com). If you already have an account with PayPal, just log on, click on "send money" and enter Darren's e-mail (darrenbaker@opmercy.com) and the amount you wish to donate. If you don't have an account with Paypal, set-up is very easy. You can either have the funds drawn from your checking account or a credit card. This service is totally safe. It is used by many ebay users as the only vehicle of transferring money. I use it all the time (for ebay mostly) and I am very happy with it. Let me know if you need help with the transaction or anything else. You support will be highly appreciated.

[This message has been edited by Money_Penny (edited July 21, 2004).]


HAVE YOU MADE YOUR DONATIONS YET???
 


Posted by Brad on :
 
quote:
Originally posted by Wallace#1:
Brad/Justhis1ce -

Yes, your broker is saying the stock is in your name. However, that is only in connection with the electronic recordkeeping through themselves and DTC. In essence, those shares you have are in "street name", meaning they are in the name of the broker. The Transfer Agent does not have that very same information, and therefore, would probably not have the shares in your name. To carry it beyond to the possibility of the existence of naked shorted shares (what I call "air shares"), the only way to guarantee shares are in your name is to physically get them through your broker, through DTC and then from the Transfer Agent.


Agreed.


 


Posted by FJEAN2 on :
 
quote:
Originally posted by Money_Penny:
I'm showing 5.2 billion.


why such a high volume? 5.2 billion would be the highest i've seen CMKX traded since that fake pr last month.

------------------
IN SUB-PENNY WE TRUST
 


Posted by Money_Penny on :
 
Paul, you seem to know Darren so perhaps it might be in order to "vouch" for Darren being a trustworthy person in case some people feel uneasy about sending money to a stranger.
 
Posted by Wallace#1 on :
 
HH -

You could be right. If all the claims could produce (something we do not know), then, what you say would make sense. On the other hand if any, some or all are determined to be non-productive, then UC/CMKX would have valueless claims which neither UCAD nor anyone else would be interested in.

MP -

My interpretation of that release is that UCAD was buying the rights to those claims from CMKX. Once the deal was/is consumated, the only thing CMKX would get is the 7.5 mil shs. It may be that I am wrong as well.
 


Posted by Money_Penny on :
 
FJEAN,

I am not an expert on trade volume (in fact I was asking silly questions about it this morning ) but I would suspect that there is a lot of shuffling going on between MMs. Of course, we have had two positive PRs in a row so I would suspect a lot of buying to take place as well.
 


Posted by VNGNTN1 on :
 
MP
Thanks for bumping "MELVIN DONATION"
Based on list of "messages(I have not yet < but I am not good at such things) if everyone donated $100 it would be comforting rescource for Melvin.
VAN
 
Posted by Justhis1ce on :
 
quote:
Originally posted by Wallace#1:
Brad/Justhis1ce -

Yes, your broker is saying the stock is in your name. However, that is only in connection with the electronic recordkeeping through themselves and DTC. In essence, those shares you have are in "street name", meaning they are in the name of the broker. The Transfer Agent does not have that very same information, and therefore, would probably not have the shares in your name. To carry it beyond to the possibility of the existence of naked shorted shares (what I call "air shares"), the only way to guarantee shares are in your name is to physically get them through your broker, through DTC and then from the Transfer Agent.


How do I get both the transfer agent and (?)DTC to get shares in my name. Is it conceivable that I may not enjoy dividends if the shares are "street" designated?

 


Posted by Brad on :
 
quote:
Originally posted by Justhis1ce:
How do I get both the transfer agent and (?)DTC to get shares in my name. Is it conceivable that I may not enjoy dividends if the shares are "street" designated?


The only way that I know if is to request the actual certificates from your broker. They'll request them from the TA and the certificates will be mailed to you. The shares are then officially in your name. That obviously leads into another discussion (pros and cons) with holding the actual paper certificates.

 


Posted by JBCak47 on :
 
Money_Penny

Hahaha that is great! Next week I will put in at least one hundred dollars, probably more like two hundred. At these levels every dollar adds up. I saw this with IBZT, I experinced this with Qbid (I got in at .0018). Even twenty dollars here or there will add up in shares. I love it!

Healthy competition my friends
=============================================

Pharm... CMKX sports a race car.

Q-Television sports 'Q-Mobiles'....

What about a Q-Tv Race car... seriously... lol... Maybe that would be too risque'.

The Wiener mobile, v-12 engine... Nitro!
=============================================
I just changed my order to 277k shares at .0004 lets hope it goes through

=============================================
-John-
 


Posted by darrenbaker on :
 
quote:
Originally posted by Money_Penny:
HAVE YOU MADE YOUR DONATIONS YET???

http://helpmelvinswife.net

[This message has been edited by darrenbaker (edited July 21, 2004).]
 


Posted by f15crew on :
 
I called Ameritrade today about transfering funds. If you go to "Account Services" you can set up Electronic funding for your Ameritrade account. It takes anywhere from 3 days to 2 weeks. You put in your bank account number and Ameritrade deposits 2 small amounts into your account. You contact your bank to get the amounts and then go back into Ameritrade to verify. After that, you can have instant transfers from your bank that costs you nothing. Hope this helps some.

Randy
 


Posted by Money_Penny on :
 
quote:
Originally posted by f15crew:
I called Ameritrade today about transfering funds. If you go to "Account Services" you can set up Electronic funding for your Ameritrade account. It takes anywhere from 3 days to 2 weeks. You put in your bank account number and Ameritrade deposits 2 small amounts into your account. You contact your bank to get the amounts and then go back into Ameritrade to verify. After that, you can have instant transfers from your bank that costs you nothing. Hope this helps some.

Randy


Randy,

Important note: Ameritrade will put a 5-trading day hold on the funds received if you are purchasing pinks!!! 5 days is an eternity if your stock is going up. I found out the hard way.
 


Posted by Brad on :
 
quote:
Originally posted by f15crew:
I called Ameritrade today about transfering funds. If you go to "Account Services" you can set up Electronic funding for your Ameritrade account. It takes anywhere from 3 days to 2 weeks. You put in your bank account number and Ameritrade deposits 2 small amounts into your account. You contact your bank to get the amounts and then go back into Ameritrade to verify. After that, you can have instant transfers from your bank that costs you nothing. Hope this helps some.

Randy


You can have electronic transfers made to your Ameritrade from your bank account indeed. But the transfers aren't "instant" if you're trying to trade non-marginable securities. Ameritrade puts a 5 business day hold on the funds. However, you can trade marginable securities instantly. The only way to transfer funds and trade non-marginable securities with those funds "instantly" is to have the funds wired from your bank. Hope this helps.


 


Posted by VNGNTN1 on :
 
I receive a news alert at YAHOO from UCAD that spins the CMKM deal a little different.Can someone figure out out to get that to this board so I can comment ?
What I read was different from last PR
VAN
PS Who is Nevada minerals???UCAD claims purchased 20% on thier claims.Is cmkm somehow involoved ?

[This message has been edited by VNGNTN1 (edited July 21, 2004).]

[This message has been edited by VNGNTN1 (edited July 21, 2004).]
 


Posted by finky4x2 on :
 
Topic: You Guys....Read this....Re:Sterling (Read 884 times)

Canuck
God of Diamonds


member is offline

Posts: 862
You Guys....Read this....Re:Sterling
« Thread started on: Today at 12:19pm »

--------------------------------------------------------------------------------
I am not sure I understood Sterling’s post but I think he has gone nuts...

This is not rocket science although Sterling would like people to think it is.

Let’s say there are 500 cars for sale from Casavant Cars. 500 people come into the store to buy a car. The dealer (JEFF car sales) sells each one of them a car. Later that day, 200 more people come in to buy cars. He has no cars, but writes up a sale and takes their money. Now at some point he has to deliver these 200 (shorted) cars. On paper, all 700 people own a car. 500 people actually have cars, 200 think they have cars. Everyone is happy. The dealer has made a ton of free money.

Now, what the JEFF the dealer is counting on is that by the time any people from the block of 200 buyers come in to pick up their car, some of the original block of 500 would have sold the car back to JEFF the dealer at a lower price. Then he can take these cars and give them to the second block of people who has come in to get their cars.

Suddenly Casavant Cars informs all Casavant car owners that they will be receiving a free UCAD toaster for their loyalty and to pick them up at the JEFF’s dealership on Aug 20. Now JEFF the dealer is screwed because he has sold 700 cars. 700 people are coming to get their toasters. So he either has to convince 200 of the owners to sell him their cars before Aug 20, or he has to get 200 more toasters from somewhere.

So what will the dealer do? Whatever is cheaper.

Let says buying the cars back it cheaper. First he is not going to make a big deal out of the toasters because ideally he would like to buy the cars back to get his books in order. So he does what he can to convince people to sell him the cars back. If it appears that nobody is selling their cars, he will have to offer more money to convince them to sell. He will have to keep jacking up what price he is willing to buy at until he can convince 200 people out of the 700 to sell their cars. Now let say he has managed to convince (or scared) 100 people to sell their cars. But he still needs 100 more cars or has to buy 100 UCAD toasters out of his pocket.

At some point JEFF the dealer may realize it is cheaper to buy 100 more UCAD toasters to give to the people, rather than paying a premium for 100 cars. So he will buy 100 UCAD toasters to cover his shorted cars. Now he is thinking “whew, that was close.” However, he still has 100 cars that he can not deliver on.

But then, Casavant cars announce that they are providing another loyalty reward to car owners. Casavant cars have manufactured 500 special CIM car stereos for all their car owners, and to pick these up at JEFF dealership on Aug 30. Now the dealer is screwed because 600 people are going to show up to get their new CIM stereos and he only has 500, *and* the dealer can not buy extra stereos from anywhere. So the only way to stay out of jail is to do *whatever* it takes to get 100 more people to sell their cars.

I hope this makes sense. Ignore Sterling’s weird theories and ramblings. It is not rocket science, it’s simple math. (No disrespect Sterling, but give me a break.)

His double cover theory is ridiculous.

JMO.

« Last Edit: Today at 12:32pm by Canuck » Logged

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"My fear is not that pe



 


Posted by Upside on :
 
Cars, toasters, double shorts, UCAD, CIM, Funny cars, etc. Isn't the simplest theory that the company has issued 400 to 500 billion shares and is basically worthless?
 
Posted by VNGNTN1 on :
 
UPSIDE
BOY Isn't that true sure glad most 99% of my money is in "real" stock. Actually they are not doing well of late ,but that $300a a month dividend keeps me going.
VAN
 
Posted by Money_Penny on :
 
Wow, I like the analogy with the cars, toasters and car stereos! Makes perfect sense, but does it relate 100% to the real world? I mean people don't invest in cars and expect a return when they sell them 5 years down the road (unless they're oldtimers). Thoughts?
 
Posted by Upside on :
 
originally posted by Van:
quote:
UPSIDE
BOY Isn't that true sure glad most 99% of my money is in "real" stock. Actually they are not doing well of late ,but that $300a a month dividend keeps me going.
VAN

You and me both Van. But, the little bit of our assets we have in the pennys are unquestionably the most entertaining!


 


Posted by Money_Penny on :
 
Van, this one?

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

July 21, 2004 04:42 PM US Eastern Timezone

U.S. Canadian Minerals Inc. Announces Its Subsidiary, Juina Mining Corp., Has Received the First Delivery of Processed Gold from the Yellow River Gold Mine

LAS VEGAS--(BUSINESS WIRE)--July 21, 2004--U.S. Canadian Minerals Inc. (OTCBB: UCAD) announced today that its subsidiary, Juina Mining Corp. (Pink Sheets: GEMM), has received its first delivery of processed gold from the Yellow River Gold Mine. Juina will continue to process at Yellow River and update and expand its current facilities.


U.S. Canadian Minerals owns a majority interest in Juina Mining Corp., a Nevada corporation. Juina has a substantial interest in a joint venture partnership with DIAGEM International Resource Corp. (DGM) in the Brazilian company Juina Mining Mineracao, Ltd. (JMML), which holds a majority working interest in the mining and mineral rights to approximately 1,000 hectares (2,471 acres) of diamond bearing land in the District of Juina, Mato Grosso, Brazil -- the "Property 1000." Property 1000 is located in the District of Juina, at the southern region of the Amazon Basin.

Rendal Williams, CEO of U.S. Canadian Minerals, commented, "We are extremely excited that we have received this first gold shipment and believe this is indicative that deliveries will continue on a regular basis."

Further details relative to this project, and other potential upcoming projects, will be forthcoming in future press releases and at http://uscanadianminerals.com; http://www.juinamining.com/; http://yellowriver.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.

 


Posted by bill1352 on :
 
i had excepted the idea the other day the this deal with UCAD was worth 510 million because of the days pps x the number of shares but after further thought i think this is wrong...true the pps of the day was 3.40 but the date the shares will be recorded as transfered is the real value of the deal unless UCAD issued the shares to cmkx that day...i've seen this before as i'm sure others have...company a is buying company b for x number of shares valued as of x date a week or 2 in the future... what i'm saying is that to try and put a value because of this deal on cmkx you need the pps of ucad on the 20th of aug....it could be $2..it could be $20...we dont know yet
 
Posted by Brad on :
 
Ok folks, bear with me for a second. As much as I'd like to see this stock go through the roof (8 mil shares I'm holding) I try to keep my feet on the ground with all the hype. I'll admit, I've been sitting around dreaming about putting in my 2 week's notice at work and starting to build my new house.

But don't you think the MM's have been in this situation before? These aren't a couple of guys sitting in their apartments making these decisions to naked short a stock. These are huge firms. The decision to naked short a stock has to be somewhat calculated and certainly a method of recovering should the stock go up is equally as calculated. I'm just saying, these guys do this for a living. Do we honestly think they're up at night worried about what they're going to do by Aug 20th? Maybe. I have no idea. Or do they know exactly how they can recover the naked shares without causing them huge losses. I mean, c'mon, if anyone says that TENS OF BILLIONS of dollars (or more) in losses for these guys is simply chump change, you simply can't be serious. That's a big friggen deal no matter how big your company is.

I don't know that I totally buy into Sterling's theory of Double Covering the shorts but isn't it possible that some shuffling game is going on just the same that is allowing the MM's to retire shares without taking the big hit? We already know they're playing games just by looking at the trading activity everyday. The question is, do we really understand the game?

I just come from the background that says, if it sounds too good to be true, it probably is. I've always lived that way. It doesn't mean I don't take my chances sometimes hoping for the big one. Hey I buy lottery tickets too. And I've read probably every single post on 4 different boards for the past 6 weeks so I have a pretty good idea of all the theories. All of them. (At least all of them people have posted:-) )

My gut just keeps telling me to lean more towards the "too good to be true" scenario so that I won't be disappointed in the end. With that being said, I don't intend to sell my shares off early and I hope that every last shareholder can hold on as long as well. I just needed to get that off my chest and would welcome comments from the rest of you. Maybe it just comes down to faith all of you have. That's OK too.
 


Posted by Money_Penny on :
 
Van,

I think this is what you were taking about.
http://pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3D%5C2004%5C07%5C21%5CEDGARNews_0001232247-04-0000320001104194.html%26clientid%3D168%26provider%3DEDGARnews&symbol =UCAD

There is too much text to paste in here but the important sections are:

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

ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.

The Company purchased 5% of all current and future claim holdings and mineral interests of CMKM Diamonds in exchange for 7.5 million shares of common stock of U. S. Canadian. In addition, the Company acquired an option to purchase an additional 10% of such interests for $15,000,000.

The Claims are located mostly in Sasketchewan Canada.

The Company also purchased an additional 20% of the Saskatechewan claims held by Nevada Minerals, Inc. with whom the Company has a Joint Venture Agreement.

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

and (from another board)

-------------------------------------------
1: restricted shares for 1 year

"The shares exchanged hereunder shall be newly issued restricted shares under Rule 144 with a holding period of at least one year from the date of their issuance by UCAD and shall not have the holding period thereunder shortened by means of a dividend."

2. Transaction as of July 19

"Place and Time. The closing of the sale and purchase of the Assets (the Closing) shall take place at the offices of U. S. Canadian no later than the close of business on July 19, 2004, or at such other place, date and time as the parties may agree in writing. "

"Deliveries by Buyer. At the Closing, Buyer shall deliver the following to Seller:

(a) The shares as contemplated by section 1. "

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

Get out the scalpels and go to work you animals!!!
 


Posted by bill1352 on :
 
that seems to support what i was thinking MP..do you agree..today the value of cmkx would be 7.5 million X $4.75 = 35,625,000 X 20 = 712,500,000. not the 521,000,000 being used the other day and then who know what ucad's pps will be on the 19th
 
Posted by Upside on :
 
Here's a link to the full blown Rule 144:
http://www.sec.gov/about/forms/rule144.pdf

and here is the synopsis of it:

Rule 144: Selling Restricted and Control Securities
When you acquire restricted securities or hold control securities, you must find an exemption from the SEC's registration requirements to sell them in the marketplace. Rule 144 allows public resale of restricted and control securities if a number of conditions are met. This overview tells you what you need to know about selling your restricted or control securities. It also describes how to have a restrictive legend removed.

What Are Restricted and Control Securities?
Restricted securities are securities acquired in unregistered, private sales from the issuer or from an affiliate of the issuer. Investors typically receive restricted securities through private placement offerings, Regulation D offerings, employee stock benefit plans, as compensation for professional services, or in exchange for providing "seed money" or start-up capital to the company. Rule 144(a)(3) identifies what sales produce restricted securities.

Control securities are those held by an affiliate of the issuing company. An affiliate is a person, such as a director or large shareholder, in a relationship of control with the issuer. Control means the power to direct the management and policies of the company in question, whether through the ownership of voting securities, by contract, or otherwise. If you buy securities from a controlling person or "affiliate," you take restricted securities, even if they were not restricted in the affiliate's hands.

If you acquire restricted securities, you almost always will receive a certificate stamped with a "restricted" legend. The legend indicates that the securities may not be resold in the marketplace unless they are registered with the SEC or are exempt from the registration requirements. The certificates of control securities are usually not stamped with a legend.

What Are the Conditions of Rule 144?
If you want to sell your restricted or control securities to the public, you can follow the conditions set forth in Rule 144. The rule is not the exclusive means for selling restricted or control securities, but provides a "safe harbor" exemption to sellers. The rule's five conditions are summarized below:

Holding Period. Before you may sell restricted securities in the marketplace, you must hold them for at least one year. The one-year period holding period begins when the securities were bought and fully paid for. The holding period only applies to restricted securities. Because securities acquired in the public market are not restricted, there is no holding period for an affiliate who purchases securities of the issuer in the marketplace. But an affiliate's resale is subject to the other conditions of the rule.
Additional securities purchased from the issuer do not affect the holding period of previously purchased securities of the same class. If you purchased restricted securities from another non-affiliate, you can tack on that non-affiliate's holding period to your holding period. For gifts made by an affiliate, the holding period begins when the affiliate acquired the securities and not on the date of the gift. In the case of a stock option, such as one an employee receives, the holding period always begins as of the date the option is exercised and not the date it is granted.


Adequate Current Information. There must be adequate current information about the issuer of the securities before the sale can be made. This generally means the issuer has complied with the periodic reporting requirements of the Securities Exchange Act of 1934.


Trading Volume Formula. After the one-year holding period, the number of shares you may sell during any three-month period can't exceed the greater of 1% of the outstanding shares of the same class being sold, or if the class is listed on a stock exchange or quoted on Nasdaq, the greater of 1% or the average reported weekly trading volume during the four weeks preceding the filing a notice of the sale on Form 144. Over-the-counter stocks, including those quoted on the OTC Bulletin Board and the Pink Sheets, can only be sold using the 1% measurement.


Ordinary Brokerage Transactions. The sales must be handled in all respects as routine trading transactions, and brokers may not receive more than a normal commission. Neither the seller nor the broker can solicit orders to buy the securities.


Filing Notice With the SEC. At the time you place your order, you must file a notice with the SEC on Form 144 if the sale involves more than 500 shares or the aggregate dollar amount is greater than $10,000 in any three-month period. The sale must take place within three months of filing the Form and, if the securities have not been sold, you must file an amended notice.

If you are not an affiliate of the issuer and have held restricted securities for two years, you can sell them without regard to the above conditions.

Can the Securities Be Sold Publicly If the Conditions of Rule 144 Have Been Met?
Even if you have met the conditions of Rule 144, you can't sell your restricted securities to the public until you've gotten the legend removed from the certificate. Only a transfer agent can remove a restrictive legend. But the transfer agent won't remove the legend unless you've obtained the consent of the issuer—usually in the form of an opinion letter from the issuer's counsel—that the restricted legend can be removed. Unless this happens, the transfer agent doesn't have the authority to remove the legend and execute the trade in the marketplace.

To begin the process, an investor should contact the company that issued the securities, or the transfer agent of the company's securities, to ask about the procedures for removing a legend. Since removing the legend can be a complicated process, if you're considering buying or selling a restricted security, it would be wise for you to consult an attorney who specializes in securities law.

What If a Dispute Arises Over Whether I Can Remove the Legend?
If a dispute arises about whether a restricted legend can be removed, the SEC will not intervene. The removal of a legend is a matter solely in the discretion of the issuer of the securities. State law, not federal law, covers disputes about the removal of legends. Thus, the SEC will not take action in any decision or dispute about removing a restrictive legend.
http://www.sec.gov/investor/pubs/rule144.htm


--------------------------------------------------------------------------------
Home | Previous Page Modified: 10/06/2003



 


Posted by bill1352 on :
 
the way ucads pps is moving it could bring the final cost of 7.5 million shares of ucad to 1 billion and using the idea that the final cost of this deal puts a set value on cmkx's claims and using the highest o/s idea which is 400 billion our pps should be .0025...this wouldn't even take ucad's pps to its 52 week high
 
Posted by richnessforeveryon2 on :
 
Wallace I thanks for your support
Yes I was baned for the second time but no problem here I can came back as so often I want til richnessforeveyon123456789....(do you hear noah my friend ?????)
I will answer here a few questions I see on the board which was for me...
I was a shareholder with 20M in the past and sold for a nice profit in the hype a few weeks ago......
Yes I follow still CMKX (til for one two weeks) like all serious trader follow a stock he sold for learn from him and for see if he was right in selling........
Wallace now is time for me to leave this board where people talk about ladies like a merchandise and where other disavow
their European origins

I was never in the US and if you the US young people think so about women and people I'm glad to live here in europe and I'm very proud to have a french/italian origin (yes people no dutch).
Respect in women which give rise to the children is the more important in live...
THE WOMEN ARE NOT GOODS

You have a lot to learn from the French and the Italien (the best lovers in the world...lol)
Wallace i think its time for us to leave this people and to let them alone here......
Thanks again for your support....
 
Posted by bill1352 on :
 
where is the idea of the ucad shares being restricted coming from? i don't see anything in the pr like that. did i miss something?
 
Posted by VNGNTN1 on :
 
MP
Yesthat's the one.
Seems that may be the best reason UCAD is moving??
UPSIDE
This looks like something to pursue are we not very close to 1 yaer on CIM ?
VAN
 
Posted by bill1352 on :
 
good luck to ya richness i hope you find what your looking for
 
Posted by Upside on :
 
Bill,
This is from UCAD's p/r today.

quote:
1: restricted shares for 1 year

"The shares exchanged hereunder shall be newly issued restricted shares under Rule 144 with a holding period of at least one year from the date of their issuance by UCAD and shall not have the holding period thereunder shortened by means of a dividend."


I think it means that CMKX cannot distribute them for at least one year although I'm not sure of this.

[This message has been edited by Upside (edited July 21, 2004).]
 


Posted by bill1352 on :
 
i think your right upside...i think it also changes the value of the deal and thus the set value of our stocks
 
Posted by HarryHar on :
 
Brad

I think you're right. The MM's are not sweating and losing sleep. Maybe a little sleep, but not a whole lot. I still believe that:

1. they can create more naked shorts in the meantime before aug20 and manipulate the ask/bid to make more profits from naked short selling this stock

2. with the money they can make from more naked short selling, they can reduce the financial hit their companies will take

3. possibly walk away aug20 with a profit after covering all their naked shorts

Now, for all these to happen, they would have to run the price up to a point where people think that it has broken loose of the MM's. They sell their naked shorts out and pocket that money, at sells around .001 or maybe more. Then they could walk that price back down buy coming together and getting that bid/ask down to say .0004. At that point, they buy like crazy. That's money made for them. They can do this several times before Aug20, and still retire their naked shorts in the midst of making all that money. IMO this is how they will cover their butts. If the price doesn't ever run up between now and aug20 I have no idea how they're gonna get out of this thing...any thoughts? please?
 


Posted by bill1352 on :
 
hmmm...i dont have that pr in my msn money chart for ucad...only one for today is about the gold shipment
 
Posted by casico on :
 
quote:
Originally posted by richnessforeveryon2:
Wallace I thanks for your support
Yes I was baned for the second time but no problem here I can came back as so often I want til richnessforeveyon123456789....[b](do you hear noah my friend ?????)

I will answer here a few questions I see on the board which was for me...
I was a shareholder with 20M in the past and sold for a nice profit in the hype a few weeks ago......
Yes I follow still CMKX (til for one two weeks) like all serious trader follow a stock he sold for learn from him and for see if he was right in selling........
Wallace now is time for me to leave this board where people talk about ladies like a merchandise and where other disavow
their European origins

I was never in the US and if you the US young people think so about women and people I'm glad to live here in europe and I'm very proud to have a french/italian origin (yes people no dutch).
Respect in women which give rise to the children is the more important in live...
THE WOMEN ARE NOT GOODS

You have a lot to learn from the French and the Italien (the best lovers in the world...lol)
Wallace i think its time for us to leave this people and to let them alone here......
Thanks again for your support....[/B]

Lets see what have the Euro trash brought to America...Hmmm Slavery, disease( small pox)
Taxes,...Oh I could go on but what is the point..And women,,what about the custom of giving young girls to old men just to secure land rigths...F----Y--- You piece of Euro Trash
 


Posted by bill1352 on :
 
if it doesn't run up there is nothing to cover and the pps is because the o/s is 400 billion. its the only explaination possible then
 
Posted by Upside on :
 
Money_Penny,
When I click on the link you provided to the UCAD p/r, I get a forbidden message. Can you try it again?
 
Posted by bill1352 on :
 
i cant find a pr with that info at stockwatch either. yahoo has this

Form 8-K for U S CANADIAN MINERALS INC


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

21-Jul-2004

Change in Assets

ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
The Company purchased 5% of all current and future claimholdings and mineral interests of CMKM Diamonds in exchangefor 7.5 million shares of common stock of U. S. Canadian. Inaddition, the Company acquired an option to purchase an additional10% of such interests for $15,000,000.


 


Posted by bill1352 on :
 
this looks as if they already gave cmkx the shares..thus the deals value would be for the pps of the 19th or $3.40
 
Posted by Money_Penny on :
 
quote:
Originally posted by Upside:
Money_Penny,
When I click on the link you provided to the UCAD p/r, I get a forbidden message. Can you try it again?

Fixed it... no I didn't. Aaaaaarghh this is frustrating. OK do this. Go to pinksheets.com, search for UCAD, click on news, then click on second news story from top.

This message has been edited 50 friggin' times....

[This message has been edited by Money_Penny (edited July 21, 2004).]

[This message has been edited by Money_Penny (edited July 21, 2004).]

[This message has been edited by Money_Penny (edited July 21, 2004).]
 


Posted by Upside on :
 
Here's a link to the filing on the SEC site:
http://www.sec.gov/Archives/edgar/data/1104194/000123224704000032/0001232247-04-000032-index.htm
 
Posted by Upside on :
 
You struggling a bit Money?

 
Posted by Penny-Trader on :
 
still not working
quote:
Originally posted by Money_Penny:
Fixed it... no I didn't. Aaaaaarghh this is frustrating. OK do this. Click the link and them click on the second news story from the top.
http://www.pinksheets.com/quote/news.jsp?symbol=UCAD


[This message has been edited by Money_Penny (edited July 21, 2004).]

[This message has been edited by Money_Penny (edited July 21, 2004).]



 


Posted by Grasshopper on :
 
Looks like this deal also gets UC (or whomever they pick) a spot on UCAD's board...

(c) Seller shall have appointed and Buyer shall have properly accepted and added one member to the Buyers Board which shall have been chosen by Seller and whose term shall run until the next regularly scheduled Board election.
 


Posted by bill1352 on :
 
this might also mean that the shares are not distributed to us for 1 yr
 
Posted by bill1352 on :
 
the closing price of ucad on the 19th was 4.50 so the deal was worth $4.50 X 7.5mil = 33,750,000...thus this times 20 = 675,000,000 if you use the 400 billion o/s number you get a pps of .0017....i would say our pps is a bit undervalued
 
Posted by shadow on :
 
I contacted the office of the Secretary of
state for Nevada to ask them some questions.
They were very helpful and provided the
information that they had on the company.

They also pointed me to regulations that
govern all Nevada public companies.

NRS 78.257 Right of Stockholders to inspect
copy and audit financial records. The down
side is that it requires 15% of outstanding
shares to be owned or authorized in writing
by holders of such shares.

The upside is that I have requested specifically that information from Mr Glenn.
To know if I have enough shares to look at
the books I must know the number of o/s
to know if I meet the minimum requirement.

- All of this speculation is mind numbing -

Lets get some answers and determine how to
proceed.


 


Posted by Money_Penny on :
 
quote:
Originally posted by shadow:
I contacted the office of the Secretary of
state for Nevada to ask them some questions.
They were very helpful and provided the
information that they had on the company.

They also pointed me to regulations that
govern all Nevada public companies.

NRS 78.257 Right of Stockholders to inspect
copy and audit financial records. The down
side is that it requires 15% of outstanding
shares to be owned or authorized in writing
by holders of such shares.

The upside is that I have requested specifically that information from Mr Glenn.
To know if I have enough shares to look at
the books I must know the number of o/s
to know if I meet the minimum requirement.

- All of this speculation is mind numbing -

Lets get some answers and determine how to
proceed.


That would be too easy. I think they're gonna ask you how many shares you own and then they'll say no, you own less than 15%.
 


Posted by Highwaychild on :
 
Shadow,
It sure would be good in the know and I think you are on to something looking to D. Glenn man.Now he is in the know.But I doubt we'll find out much untill CIM starts to trade.
Just my guess... everyone else has one.
 
Posted by shadow on :
 
Money

The good thing is that I do not have to
provide anything... if they want to stay
in good with the state then they will have
to tell me how many shares is required to
meet the minimum. The onus would then be on
me to gather that many shares or permission
from other shareholders.

If they do not provide the information then
we get to take advantage of the awesome
government services provided by the great
state of Nevada. They can get the number
if necessary and then provide that information. If the company refuses then
penalties can ensue.

There are many agencies being paid for by
the tax payer who are ready to help anyone
for the asking.

This year the IRS found a mistake on my return. They gave me an unexpected extra
$1700 ;-)


 


Posted by WorkAHolic on :
 
I think we've been ignoring a big factor with this stock. The new buyers that are coming in from everyone talking about it. These individuals will buy legitimate 1mil-5mil shares each. This adds up and will eventually start to make itself known in the rising of the price. I repeat my previous statement that if shareholders are in this stock because it has been shortted, then they are in it for the wrong reason. I buy a stock for value,and right now, there appears to be a big return coming our way. All of this speculation makes us anxious and fretfull. We should sit back, wait for this thing to start paying big rewards. That's why we get into this thing,anyway. Unless you want a quick buck, and that's ok too, then keep the faith. Hold, hold, hold...buy if you're smart. Sell if you get scared, but don't forget your plan of attack when you got in. This in my humble opinon..

 
Posted by Str8Shooter on :
 
quote:
Originally posted by HarryHar:
Brad

I think you're right. The MM's are not sweating and losing sleep. Maybe a little sleep, but not a whole lot. I still believe that:

1. they can create more naked shorts in the meantime before aug20 and manipulate the ask/bid to make more profits from naked short selling this stock

2. with the money they can make from more naked short selling, they can reduce the financial hit their companies will take

3. possibly walk away aug20 with a profit after covering all their naked shorts

Now, for all these to happen, they would have to run the price up to a point where people think that it has broken loose of the MM's. They sell their naked shorts out and pocket that money, at sells around .001 or maybe more. Then they could walk that price back down buy coming together and getting that bid/ask down to say .0004. At that point, they buy like crazy. That's money made for them. They can do this several times before Aug20, and still retire their naked shorts in the midst of making all that money. IMO this is how they will cover their butts. If the price doesn't ever run up between now and aug20 I have no idea how they're gonna get out of this thing...any thoughts? please?


Wouldn't the above scenario be a very VERY risky one for the MM's to use to try and cover? What if they printed the additional 20billion shares. Sold them at around .0010, then tried to walk it down and nobody went for it and did not sell?
Maybe the new buyers (most likely new investors) bought for the dividend payout and for a possible big return in the future. Wouldn't they be compounding an already big problem?
My question, is there any other way they might go about trying to cover if there is such a big shorted problem? I mean they have to know that nobody is selling at .0004-.0005. So if they are soooo shorted and in need to buy back such a large volume, why aren't we sitting at .0006 - .0007 yet? It just all still seems so shady. In any case, I have not changed my stance. I'm in for the long haul no matter what. Like i said before, until we eather implode, or explode. I did not buy this thing to make a little profit, and i won't sweat if I loose a little.

Just one more thing. I have posted several times in the last week, and believe I have made some valid statements and asked some valid questions, and yet get few responces. I have seen this with other posts as well. It seems like everyone is more concerned with name calling and taking shots at one another. I hope in the future that will subside. And get back to what this type of message board is about. Friendly investors posting information, questions, concerns, and advice. And in return, get educational, and informative responses from other friendly investors.

Thanks to all, and Good Luck!!!
Go CMKX!
 


Posted by Wallace#1 on :
 
Allstocks -

If what richnessforeveryone said is true about being banned the second time, I feel that is grossly unfair. Maybe the first time was for cause...and now I think I remember what was said. That was not done or referred to the 2nd time by him and he probably recognized his mistake. We all make mistakes. If you did ban him the 2nd time, I am publicly asking you to reconsider...and I would hope others will join me in that request.

------------------------------------------------------------------------------------------
It does appear that UCAD is buying a 5% interest in the profits (and maybe expenses?) of CMKX's claims as opposed to buying the claims outright. In that case it just might be possible to conclude some kind of value for CMKX. I had interpreted that they bought the claims outright.
 


Posted by Highwaychild on :
 
If someone comes at everybody hostile all the time why should anyone care who goes.
 
Posted by Wallace#1 on :
 
Highway and others,

Richness has a problem writing English as we understand it. He is expressing opinions, ...some of which I agree with. His way of expressing them may appear hostile, but so what. I seem to recall many hostile remarks on this board - including my own retorts to things said to me.

Who cares? I DO AND HOPEFULLY OTHERS WILL!!!

I don't know if he was told why he was banned or given any explanation as to how he could make amends, but he should have that opportunity under any circumstances

[This message has been edited by Wallace#1 (edited July 21, 2004).]

[This message has been edited by Wallace#1 (edited July 21, 2004).]
 


Posted by Highwaychild on :
 
Well I don't care, if he hasn't enough sence,he shouldn't be posting.

Here's something for the board...Go to Yahoo and search Zinc...#4, click it.
For all languages.
 


Posted by Upside on :
 
After re-reading most of this thread, I agree with Wallace. I don't see a reason to ban him. He didn't attack anyone personally, just expressed his negative views on CMKX albeit in a somewhat hostile manner. If we wan't to start banning people for their views, how about a certain poster who claimed to have people on the floor of the exchanges feeding him information that both CMKX and QBID were going to a penny today? Or why not me? I've posted plenty of negative comments here and ruffled quite a few feathers. The fact of the matter is that some of us could find a reason to ban just about anyone here but it's a pretty simple thing to just ignore the posts that differ with your particular viewpoint.
 
Posted by cool1sh on :
 
What happened to Debi/WWJD? She's not posting these days. I hope she didn't sell all of her CMKX.
 
Posted by Highwaychild on :
 
He was calling everybody "you so stupid" and crap.
Not cool.
 
Posted by Upside on :
 
cool1sh,
She's on vacation. I think she said she'd be gone about a week beginning Monday.
 
Posted by cool1sh on :
 
Yeah, he was a pain in the a$$.
And lack of English is not an excuse, Allstocks is an English web site.

quote:
Originally posted by highwaychild:
He was calling everybody "you so stupid" and crap.
Not cool.


 


Posted by Upside on :
 
originally posted by highwaychild:
quote:
He was calling everybody "you so stupid" and crap.
Not cool.

Highway,
I'll admit that I didn't read every one of his posts and that is what I seem to remember him saying too but I couldn't find a single case of it. I did find quite a few posts where he said "you so smart and I so stupid" or something to that effect. Either way, not really a solid reason to boot a guy.
 


Posted by Highwaychild on :
 
Not even talkin' about neg comments.I've come to see there are many.I except them.
But do you you know what the proof is in?
 
Posted by Upside on :
 
huh?
 
Posted by Highwaychild on :
 
He said "you stupid guy" to people alot.I remember.
If he could come up with something clean it would be diferent.
 
Posted by Highwaychild on :
 
quote:
Originally posted by Upside:
huh?

the pudding.
 


Posted by Grasshopper on :
 
Well Wallace, I for one don't care that they banned his sorry a$$...not that my opinion counts for a whole lot, but I'll express it anyway.

It has nothing to do with his inability to type coherently in English or his ethnicity. Simply put, all he attempted to do was try and make people feel stupid for putting their money in this stock. It was simple (rather elementary) scare tactics. He didn’t try and validate his opinions with anything other than expressing how much experience and wisdom he possessed.

I really do try and spend most of my time on this board quietly reading and absorbing all that the veteran posters have to offer. I’ll pose a question or thought every now and then if I really feel like it and maybe get carried away once in a while. I’m appreciative of any post that is well thought out and in the best interest of the “community”, whether it be positive or negative. Expressing concern and doubt is one thing, but flat out asserting that anyone who puts their faith and money in this stock is a disillusioned dreamer, is quite another. Fact is NOBODY on these boards knows what the future holds for this stock. His posts were just as unproductive and unsubstantiated as Sarki’s. Neither should post that kind of rubbish on these boards, IMO.

 


Posted by Wallace#1 on :
 
Thank you Upside. I would hope others will also comment favorably.

I would have thought someone would have been banned for many, many obscene remarks long before richnessforeveryone was banned. Even there I told Allstocks I would not agree with such banning.

Highwaychild -

No offense, but please check out some of your remarks to or about me as well as those to osubucks30 and others.
--------------------------------------------
Some have claimed he is a fraud. I have seen no actual proof of that and refuse to accept such statements.
 


Posted by Money_Penny on :
 
LOL, seems like richness is not the only one in dire need of some English lessons . Upside, if you were banned and you had to come back, what would be your new user name? - I have a few suggestions (take it with a grain of salt, OK?):

Downside
Darkside
Flipside
Otherside
Upsidedown
Backside (you said that, not me!)
Outside

[This message has been edited by Money_Penny (edited July 21, 2004).]
 


Posted by Upside on :
 
I was considering backside.

[This message has been edited by Upside (edited July 21, 2004).]
 


Posted by Highwaychild on :
 
I never called you "stupid".
Did call you a con man because YOU was commin' at everbody all hostile as well.
Did say I wasn't big on the whole a$$ hole personality.True

I just come here lookin' for Knowledge, not a bunch of blah,blah,blah... CMKX bad bullcrap.


 


Posted by Money_Penny on :
 
quote:
Originally posted by Money_Penny:
Good Morning America (and the rest of the world). As you may have heard, Darren Baker has set up a collection account for the benefit of Melvin's wife Vicky, who is terminally ill. Please, please donate some money, I'm sure they can put it to good use. The account Darren set up is with Paypal (www.paypal.com). If you already have an account with PayPal, just log on, click on "send money" and enter Darren's e-mail (darrenbaker@opmercy.com) and the amount you wish to donate. If you don't have an account with Paypal, set-up is very easy. You can either have the funds drawn from your checking account or a credit card. This service is totally safe. It is used by many ebay users as the only vehicle of transferring money. I use it all the time (for ebay mostly) and I am very happy with it. Let me know if you need help with the transaction or anything else. You support will be highly appreciated.

[This message has been edited by Money_Penny (edited July 21, 2004).]


Checking 1...2...3...

HAVE YOU MADE YOUR DONATIONS YET???

 


Posted by pharmdman on :
 
quote:
Originally posted by Booty Quest:
Let's not forget that Rich is a total fraud! We've already exposed his fake bad english which has purposely gotten worse since we pointed out some excellent english posts of his/hers.

Don't be fooled by the fool. Or your foolishness... I mean your fool... well, the fool who has... uhhh... a fool and his money...? yeah...


This just needed a bump to the current conversation.
 


Posted by Wallace#1 on :
 
Highwaychild,

I do not recall saying what you said, but I know it was not endearing. That was the point I was making...just like you did not think righness was saying anything endearing.

Further, what do you want, all CMKX good bullcrap?

pharmdman -

Booty Quest's or anyone else's statements... I have seen no proof and what richness has shown consistently from what I have seen is a problem writing (although he may understand perfectly) the English language.

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

Maybe we have discussed this subject enough.

[This message has been edited by Wallace#1 (edited July 21, 2004).]
 


Posted by RaiderJR on :
 
if you have 100 billion os then .0068. And 20 billion =

Due for a nice run I suspect.


I think one reason they are not covering is that they do not know how much to cover. I think they will need a better figure to have a good strategy and will wait a few days to get what info they can. Maybe monday because we may report OS this weekend. IMO
 


Posted by pharmdman on :
 
quote:
Originally posted by Wallace#1:
...
pharmdman -

Booty Quest's or anyone else's statements... I have seen no proof and what richness has shown consistently from what I have seen is a problem writing (although he may understand perfectly) the English language.


Then you haven't paid particular attention to his earlier posts. It's ironic that he can't get his English together on here, but he can get it perfect on his business website. Before you say he hired someone, he hasn't. He told me so himself.
 


Posted by Brad on :
 
quote:
Originally posted by shadow:
I contacted the office of the Secretary of
state for Nevada to ask them some questions.
They were very helpful and provided the
information that they had on the company.

They also pointed me to regulations that
govern all Nevada public companies.

NRS 78.257 Right of Stockholders to inspect
copy and audit financial records. The down
side is that it requires 15% of outstanding
shares to be owned or authorized in writing
by holders of such shares.

The upside is that I have requested specifically that information from Mr Glenn.
To know if I have enough shares to look at
the books I must know the number of o/s
to know if I meet the minimum requirement.

- All of this speculation is mind numbing -

Lets get some answers and determine how to
proceed.



Shadow,
This is just my opinion but I would think that if Roger Glenn isn't ready for the O/S to be released then you won't be getting it from him until it's released publicly. Even if you're right about the Nevada regulation regarding the disclosure of the information, and even if you were at least a 15% shareholder of the O/S, your request can easily be delivered in good faith well beyond the Aug 20th date.

Meaning, Roger doesn't have to turn your request down to draw out your request till after the 20th. He could easily agree with you to deliver the information and essentially say it takes 4 to 6 weeks to process your request due to a backlog of administrative requests to his office. You have no recourse then to contact the state of Nevada for help because he hasn't denied you anything.

He's a pretty high powered attorney I think most here would agree. He's not going to give you anything that jeopardizes his plan. Especially when he can just delay your request a few weeks. That's nothing for him. JMHO

 


Posted by Upside on :
 
originally posted by Money_Penny
quote:
Checking 1...2...3...

HAVE YOU MADE YOUR DONATIONS YET???


Money,
This is probably going to be an unpopular post but some of these questions need to be asked. Do you know if anyone has done any "DD" on Melvins wife, or did he just come out one day and say "my wife has a terminal disease" and now we're sending him money? As hard as it might be to admit, Melvins every word has but one purpose, to sell more shares of CMKX. This could be a horrible attempt at getting a few sympathy buys. A get well or sympathy note seems more appropriate if you fell the need or even a monetary donation if someone knows that they are destitute and his wife really does have something life threatening.



 


Posted by VNGNTN1 on :
 
MP
Tap that mic a lttle harder !!
I spoke with Melvin once and did not feel that would be the case. How ever maybe we can have funds accumulated for a while and give time a chance to flush out more details.
Paul has a contact who might know. I will email him and put this question out there. GET BACK TO YOU ON THIS
WALLACE
I never said to much about RF, but his posts were very difficult to wade thru, it was not the english it was the attitude. This more than anything came thru "hating USA" I gave him a chance yesterday to gives us a good pick. His mission was to bash everyone.
VAN

[This message has been edited by VNGNTN1 (edited July 21, 2004).]

[This message has been edited by VNGNTN1 (edited July 21, 2004).]
 


Posted by Wallace#1 on :
 
VAN,

Do you think someone should be banned because of their attitude? We do not always agree, but somehow I would find that hard to believe of you.

As to bashing the US, maybe I missed it, I did not see it except for what might have been just 1 and only 1 time.
Yet, others did a lot of bashing in reverse.
-------------------------------------------
Thought you folks might be interested in the fact that UCAD filed an 8K today with the SEC re the deal with CMKX. It appears that they did purchase certain physical assets, but, for some reason, they were not specified. Now I am back to square 1 in the sense that it should be impossible to determine the value of CMKX based upon the 7.5 mil shs and their value. Maybe I am just reading it wrong though.

Would give you the exact site, but I seem to be having trouble doing that. Sorry.

[This message has been edited by Wallace#1 (edited July 21, 2004).]

I did see it on Edgar Online.

[This message has been edited by Wallace#1 (edited July 21, 2004).]
 


Posted by noahltl on :
 
Richnes, yes I saw your post. So has the moderator. If you think you can continue to come back by just changing your screenname, you had better study up on IP addresses. I think you have probably angered the Mod here a bit too much, and you have chosen the best path for your llfe now, leaving.
 
Posted by Wallace#1 on :
 
Re the 8K filing. I am doing this from memory so I could be wrong, but did I read that UCAD could buy up portions of that 10% option for $1.5 mil per 1%?
--------------------------------------------

Noah,

Mighty "Christian" of you. And don't give me any crap there either. Both my parents were ministers, my sister and her husband are ministers, another sister and brother went to a Bible college in KY (Asbury College) and my favorite cousin and her husband are ministers and just got back from Iraq. I know what Christian is and what Christian does.

Good night.

[This message has been edited by Wallace#1 (edited July 22, 2004).]
 


Posted by noahltl on :
 

Wallace,

It's obvious that my being a Christian has become a major "burr" under your saddle. I don't preach on this board, and don't intend to. One of the early church leaders, said, "I preach daily, sometimes I use words." Think about that.

But since you tend to obsess over it, let state very clearly that richness was a trouble maker, not because I say so, but because the moderators here said so. I had nothing to do with his first bounce. That was the mods. They decided that he was too much of a disruption to this board, not me.

The moderators are responsible for keeping order here, not me or you. When he comes in here bragging about being able to circumvent the "rules of order" then he becomes an even greater threat to all of us being able to have a board where we can discuss our investments.

Now if you are attacking me for being a person of faith, or the way I practice my faith, I think you are stepping over a line that you don't want to cross. You are beginning to show your true colors more every day. I really didn't think you could stay civil in this "re-creation" of your personna. That's why I wouldn't accept a carte blance agreement to not call your hand anymore.

You have shown tonight a little more of your true personality, and I doubt that you get very much support from the adult members here.

Now, once again, we are wasting thread space on these childish "side issues".
 


Posted by tradingpennys on :
 
BAD DAY FOR STOCK SCAMS

The Securities and Exchange Commission is taking a major step to assure that investors in tiny over-the-counter companies have access to material information about those businesses and the people who run them.


The SEC is also halting a practice that has allowed many obscure, insubstantial public companies to flood the marketplace with shares.


These developments reflect the SEC’s latest effort to increase transparency in a microcap market that has been a fertile ground for deceptive practices and stock fraud. A series of new rules are directed at public shell companies, which have used existing federal regulations and procedures to avoid disclosure and keep investors in the dark.


On the surface, shell companies can offer an appealing alternative for small private companies that want to become public but are unable to find an underwriter who is willing to handle their Initial Public Offering (IPO). See The Shell Game. They enter into a reverse-merger with the shell that leaves them in control of the surviving public entity.


There are, however, companies that choose a reverse-merger over an IPO for other reasons. These companies are seeking to avoid the exhaustive disclosure that comes with a public offering. In an IPO they would be required to file a registration statement detailing the history of their business, the background of their management team, and the identity of each controlling shareholder. That registration statement also would include extensive audited financial information. In effect, the company and its insiders would be laid naked to the world.


Not every business is eager to make those disclosures, since in some cases the information could motivate the SEC to delay or stop the offering.


Until now, the reverse-merger has enabled private companies to circumvent the disclosure process. The private company gains control of a public entity, but investors are generally flying blind. Historically, companies that merge into shells have not been required to make detailed material disclosures about their business history, management or controlling shareholders. And while public companies that file regular reports with the SEC (which would include every company listed on the OTC Bulletin Board) have been required to file a Form 8-K including audited financial information on the newly acquired private business, all too often that information is delayed, incomplete, or non-existent.


That practice is about to end, thanks to new rules proposed by the SEC on April 13, 2004. Now, after a reverse-merger, the former shell will be required to file a Form 8-K that includes all of the disclosures that would be required if it were registering a class of securities under the Securities and Exchange Act of 1934. In other words, a reverse-merger will no longer be a method for evading disclosure. The curtain will be lifted and investors will have access to material information that is likely to affect their investment decision.


It is about time.


There is yet another reason for investors to rejoice. The SEC has struck a decisive blow against an insidious tool that has been utilized by stock schemers to obtain registered shares that can easily be dumped on an unsuspecting marketplace.


Over the past several years, Form S-8 Registration Statements have been overused, misused, and often abused. The Form S-8 differs from most other registration statements in one fundamental respect – it becomes effective immediately after it is filed with the SEC. Traditional registration statements – such as those used in connection with IPOs – are subject to rigorous review by the SEC, and must be revised, sometimes several times, in response to SEC comments and concerns before they are declared effective. Until that time, the stock being registered may not be sold.


Not so with the Form S-8 – which becomes effective without any advance SEC review.


The absence of a review is even more startling in light of the abbreviated nature of a Form S-8, and the broad – vaguely defined – category of potential stock recipients. In short, a Form S-8 can be used to register shares that are issued to an “employee” under an employee benefit plan.


The real rub, however, lies in the definition of “employee,” which includes officers, directors, consultants, advisors – and yes – attorneys. The definition of “employee benefit plan” is equally broad. Rule 405 of the Securities Act of 1933 defines an “employee benefit plan” as:


any written purchase, savings, option, bonus, appreciation, profit sharing, thrift, incentive, pension or similar plan or written compensation contract solely for employees, directors, general partners, trustees (where the registrant is a business trust), officers, or consultants or advisors. However, consultants or advisors may participate in an employee benefit plan only if:

They are natural persons;

They provide bona fide services to the registrant; and

The services are not in connection with the offer or sale of securities in a capital-raising transaction, and do not directly or indirectly promote or maintain a market for the registrant's securities.


In other words, virtually anyone can fall within the definition of an “employee,” and there are few obstacles to constructing an “employee benefit plan.”


As StockPatrol.com has repeatedly noted, tiny companies with virtually no assets, no operations and no revenues utilize Forms S-8 to hand millions of shares to employees and consultants – many of whom are not even identified. Remarkably, Form S-8 does not even require the recipients of shares to be named. The company may simply register as many shares as it wishes for an employee benefit plan, and later hand them out to unnamed individuals whose identity, background, and services are never described. And while companies are supposed to amend the Form S-8, and name those new shareholders once the shares have been distributed, few ever do.


As a result, shares can be issued to company insiders, their friends and associates and so-called consultants who render no discernible services. Investors, and regulators, do not know who is receiving the stock, or if it is going into the hands of individuals who merit further scrutiny.


Some of the potential for these abuses is about to stop. Under the SEC’s newly proposed rules, shell companies will be prohibited from using Form S-8 to register shares for employee benefit plans. Consequently, those anonymous employees and consultants will no longer have a free flowing pipeline of registered stock.


These important rule changes should prove critical to investors. Former shell companies will be required to provide material information about their new operations, on a timely basis, and will be unable to use Form S-8 to register shares that can be dumped immediately after the reverse-merger. In addition, in the absence of a reverse-merger, shell companies will now be prevented from saturating the market with shares of worthless stock in an insignificant enterprise.


The new rules represent an important, even historic step for the SEC, but regulatory efforts should not stop here. The SEC must commit itself to the process of reviewing each Form 8-K and S-8 in order to assure full compliance – and companies that fail to meet these standards should have registration of their shares revoked.


In any case, the architects of stock schemes should be losing plenty of sleep over these developments.



 


Posted by Wallace#1 on :
 
Yes, noahltl, I noticed your particular attitude and how you "bury a hatchet". With qualifications, conditions and reservations so you can still grab it. You have some nerve talking about someone else's "true colors".

You are a hypocrite, a phony and a bully as far as I am concerned.

And YOU have the nerve to call richness a fraud?

You even try to come across like you know something about stock trading when, in fact, you really know very, very little. I have forgotten more than you will ever know about securities and securities trading.

Furthermore, you seem to make some kind of ownership claim to this thread just because you started it. Telling people to "carry the ball" while you are at the fair. Get real and get a life!! It is obvious why you started this and the last one. You have even posted on Allstocks more often than I...and you came on later

You say you're not a "pumper"? Just look at the title of this and the last thread you started. No question about it!

GET LOST AND DO NOT BOTHER ME ANY MORE!!!

And you can go whining to Allstocks about me as well for all I care.

[This message has been edited by Wallace#1 (edited July 22, 2004).]
 


Posted by TeenageTrader on :
 
Ok, it seems the me the most important thing (or so I seem to understand it) is what the o/s is, not how many shares have been shorted by MM's or whatever... So. Can anyone give me a time frame of when the o/s should be made public? I mean did they just say we will give out the info sometime in the future, or did they say "we will have the o/s made public before <date>"

TT
 


Posted by JBCak47 on :
 
Noah,

I thought you were Jewish to be honest

============================================

An evening of mini golf and banana pancakes...

In regards to what someone said about the MM's keeping the pps lower than what it should be, I would say that perhaps they can get people to sell based on no movement... however it is up 25%, none the less maybe they think they can shake some shares lose.

If they bring it down to low like .0001/2/3 there becomes a problem of them reshorting shares or to many buys comming in and the price reclimbs, longs would buy up the weak shares???

If they bring the price up to say .001x they will pay much more.

The best path to choose would be to keep it between .0004-6 range... perhaps weak naked shorts will sell because of lack of instant movement???

This seems to be the case. If the pps goes high now, imagine what it would be by Aug. 20th? So the each trading day they keep it between this range a certain percentage of naked shorts will sell.

To little pps and it will cause buying which could make the pps climb way up...

To high of a pps and the MM's loose more buying power, time and shares...

I think we will see this range for a couple of weeks, in my opinion...

-John-
 


Posted by JBCak47 on :
 
TeenTrader,

I would imagine we would need to know by the dividend date, but Aug 20th is only the date for people having to own shares of CMKX.

Still the big mystery...

-John-
 


Posted by PAUL on :
 
I have spoken with people that know the family on a more personal level. The information about Vicky is not NEW information. I have spoken to Melvin several times before. On one ocassion months ago the topic of family came up. I have been praying for them for a while now. The information came out the other day, that she was doing a little worse. She is heading for Washington this weekend to meet with some specalist to determine a course of action.

I have spoken with a man that was a pallbearer at Melvins sons funeral. To my understanding, his son fell to the same problems Vicky is having.

The flowers, e-mails and donations were all just responses from people that care and are trying in some way to help.

Anyone who has ever taken their wife to a specialist to consult with them about some life stealing illness probably feels the same way I did. (Been there, done that) Faith, family and friends can make a difference.

I hope for the best for them both.

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

I sure hope to see some more news after the bell today. I like what has been hapening the last few days and think some of this may come to a head pretty soon.

Just my opinion. Nothing concrete to base them on.

Everyone have a good day!


quote:
Originally posted by Upside:
originally posted by Money_Penny
Money,
This is probably going to be an unpopular post but some of these questions need to be asked. Do you know if anyone has done any "DD" on Melvins wife, or did he just come out one day and say "my wife has a terminal disease" and now we're sending him money? As hard as it might be to admit, Melvins every word has but one purpose, to sell more shares of CMKX. This could be a horrible attempt at getting a few sympathy buys. A get well or sympathy note seems more appropriate if you fell the need or even a monetary donation if someone knows that they are destitute and his wife really does have something life threatening.



Donations:
http://helpmelvinswife.net

To send thoughts to Melvin & Vicky: getwellsoon@wgat.org

[This message has been edited by PAUL (edited July 22, 2004).]
 


Posted by Brad on :
 
NEW from Dr.D

Specualtion on JEFF, O/S and more
« Thread started on: Today at 15:53:30 »

--------------------------------------------------------------------------------
We have been looking at JEFF for sometime and I can't get it out of my mind that in my communications with others and Melvin it was alluded to that JEFF is our friend.

I have dismissed this over the months because of the continual down pressure that JEFF is applying to the PPS, but you wold think enough would be enough unless a whole different scenario were in place and JEFF is acting on our behalf.

We are all waiting and desiring to know what the O/S is and as we all also know we are still waiting. The logicall question then ensues as to why? We had a 21 Feb 2004 advertisement authorized by CMKX stating the O/S was est to be 37 billion. We have an unauthorized and possibly bogus report released by telecom through Pacific Stock Transfer several weeks ago stating that 1st Global submitted to them an O/S of 400 billion.

Of course we are talking about Restricted Shares by Urban etc..., options to officers, family and friends of Urban thats been around forever and invested heavily, and the Float (all of us).

With a 500 billion A/S the O/S could be huge, but I would be concerned as to why when the O/S was est by CMKX in Feb 2004 as being 37 billion. If that is the case some heavy diluting had to have went on between Feb 21, 2004 up to when D. Roger Glenn came on board. This would be very understandable if a move had been made by DeBeers or any others to try and take over the Company after they found out there were only 37 Billion O/S with a 500 Billion A/S on the books in Feb 2004.

If that is the case then we can understand the silence on the O/S over the last many months by CMKX and D. Roger Glenn. The silence would be golden if it were a controlled silence by D. Roger Glenn as he has reversed this process and is now making Urban and others retire these shares back into the treasury.

D. Roger Glenn probably had a more effective way to protect from a DeBeers take over than to issue 100's of billions of shares into a restricted position thus increasing the O/S significantly. Thus Urban's desire to have him come on board in the first place.

Urban is great at what he does and I believe he is a very brilliant man and a part of that brilliance is to know your limitations and expertise. I believe Urban realized that and called in another expert to compliment his own brilliance and usher the transition through the barrier reefs so to speak and bring the ship safely home. That expert of course was D. Roger Glenn.

The expertise of D. Roger Glenn has shown Urban and CMKX many various ways to protect the company and safe guard from a takeover without expending so many shares in an restricted position that increasing the O/S
significantly.

With D. Roger Glenn's new plan to secure the company without the need of restricted shares the adjusted and adopted plan was put into action and progress was made to reverse the absolutely essential action Urban must have taken at the time to protect from a takeover by increasing the A/S and placing 251 billion shares in a restricted position among the faithful of CMKX. With the threat thwarted by D. Roger Glenn's new actions now a reversal of of the restricted shares would be ongoing.

In comes JEFF. To remove these we thus need an expert in restricted shares thus the expertise of Brian Dvorak. http://www.144opinionletters.com/
---------------------------------------------------------------------
"Company Profile: 144 Opinion Letters.com is the online division of Dvorak & Associates, Ltd., a law firm located in Las Vegas, Nevada. The firm has been serving its clients since 1992. The Principal of the firm, Brian Dvorak, has been practicing law in Las Vegas since February 1992, and concentrates in the area of removing restrictive legends from 144 stock."
We are a member of the Nevada State Bar Association
---------------------------------------------------------------------

Also we need a Market Maker that can get the job done and JEFF is the best when it comes to Penny Stocks. IMHO.

The restricted shares were obviously not just given to the individuals by Urban but had to be sold to them at probably a very discounted rate possibly .000075. Just a guess, don't crucify me please! So when the retirement of the restricted shares began to take place to reduce the astronomical O/S some kind of controlled flow had to be set.

Remember that this exchange would mean that now possibly 251 billion or more restricted shares issued after 21 Feb 2004 can now be retired to the treasury and the O/S is immediately reduced by that many shares.

It is only a possibility that our leaders are in the process of reducing that O/S and I believe it will be to our benefit to let them reduce it all they want to. The PPS is completely bogus right now IMO. It is being intentionally held down by JEFF for a reason.

Also Remember, Melvin said Jeff was our friend, but the only way I can imagine he could be is to be helping Urban and Glenn sell and retire shares back into the treasury because he is keeping the bid down by sitting on the ask and gobbling up the bids

If JEFF is our friend and is actually working with CMKX to retire without the other MM's knowing what is really going on then JEFF, Urban, D. Roger Glenn are thus producing money for the company, family, and friendly insiders that purchased the restricted shares at a low level and are buying them back with CMKX dollars and retiring them into the treasury.

Why hold it down? So the buyback can remain at a very low level. Remember at the time of the issuing of the restricted shares, after 21 Feb 2004 until D. Roger Glenn, we were pretty much at .0001. If the restricted shares were purchased by insiders at a rate of .000075 then a sell back to the company for .0001 - .0005 or whatever would generate income for those that helped save CMKX during the turbulent times, but would also reduce the O/S significantly thus increasing share holder value for the rest of us.

If we are in a major buy back of restricted shares into the treasury then this would account for JEFF sitting on the ask for months and not afraid to do it. It would also account for the silence of the company on the O/S, financials, and audit as a whole, plus Melvins comments that JEFF is our friend.

The reduction of the O/S can continue by CMKX until there is virtually nothing left but Naked Short Shares depending on the actual resources and availability of shares that CMKX has. This would sort of coincide with Sterlings theory of a "negative O/S" or something to that nature I read a month or so ago. At that point the only float are NSS and the MM's are in big trouble.

The MM's, not JEFF of course, would have to push the PPS astronomical trying to get shares that aren't even there and the only thing they can do is pump the PPS until they get every last CMKX NSS they have in their position. This might sound radical and outside the box thinking for sure, but it actually is a possibility. Maybe not a probability, but a definite MAYBE!

These are just my opinions and I ask that you treat them as such. Nothing here is meant to be directly related with any actual occurrence with CMKX whether inferred or implied. Please wait for PR's to bring forth any trading facts you may be looking for.

Success is ours.

Dr.D


*************************************************************
His followup post to these:

palos
Moderator
Re: Specualtion on JEFF, O/S and more
« Reply #1 on: Today at 19:13:25 »

--------------------------------------------------------------------------------
good read but still I don't see why most of the market activity is on the ASK side...should not JEFF be active on the BID to buy back shares to retire..or can they show it as a sale ? ? ? on the ASK side
Logged

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

Alex
Newbie
Re: Specualtion on JEFF, O/S and more
« Reply #2 on: Today at 20:15:07 »

--------------------------------------------------------------------------------
Doesn't UC buy from JEFF, by getting the shares at the ASK?
Logged

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

DrDiamond
Moderator
Re: Specualtion on JEFF, O/S and more
« Reply #3 on: Today at 22:17:37 »

--------------------------------------------------------------------------------
JEFF would have to stay on the ask for the sellers of the restricted shares and he would also get the buy on the other hand. Just mostly in house transfers.

But what is neat is that the MM's may be trying to push the PPS up to get us to sell so they can cover and JEFF is keeping it down retiring shares until the MM's barely have enough time to cover. The Bid would go up fast in order for them to cover fast.

It would be nice to see them getting their own medicine for a change.

Just a wild thought. Nothing more.

Dr.D
 


Posted by bill1352 on :
 
i agree with wallace, richness is not the bnrightest bulb in the box but he has a right to post his opinion just as everyone else. english is not his first language and he may not know the complete meaning of every word or phrase he uses. allstock has a www. in the front of its web addy...www stands for world wide web. i have a real problem with ppl in the usa living here and not learning english but richness does not live here. the tryth is he called everyone in allstocks stupid any person that buys penny or otc stocks was stupid according to richness but that opinion is his right and to be banned for using his rights is wrong and against everything the usa stands for. that sarki1 (what ever that morons name is) is much more of an idiot but he stays because he only say good things,,,, just my opinion
 
Posted by TradingWizard on :
 
tradingpennys I liked your post about SEC.

Paul / Darren / Money_Penny
and others doing the right thing. I can imagine what Melvin and his wife are going through, been there (I have 10 yrs old cousin who about 3 months ago was diagnosed with cancer of lymphatic system - doing well now). After then been looking at life from different angle - live every day, not tomorrow.

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


Posted by Money_Penny on :
 
Goodbye Sarki, you had it coming!
 
Posted by VNGNTN1 on :
 
WALLACE
I believe the number was $15m option
So when it is excercised it will change my assesmnet from thread III below
= = = = = =
VNGNTN1
Member posted July 18, 2004 09:55
--------------------------------------------------------------------------------
WE NOW HAVE A VALUE OF COMPANY
UCAD PPS=3.40
7.5m share = 5%
$3.40*7.5m=$25.5m = 5%
100/5=20*$25.5=$510m
- - - -
The new value will depend on pps of UCAD when done, but using 4.75 close yesterday we should have a new value of:
UCAD PPS=4.75
7.5m share+$15m = 15%
$4.75*7.5m=$35.6m+$15m=$50.625m= 15%
100/15=6.666*$50.625=$337.5m
- - - - -
I believe this has proved my point earlier that value is transferring to UCAD and is further verified by UCAD price holding.
VAN
PS
WHAT IF
CIM is or has been organized under UCAD ???
Short won't be able to touch that company until Sept,30/04 A month after Both dividends have been paid. Now this is a positive.

[This message has been edited by VNGNTN1 (edited July 22, 2004).]
 


Posted by Upside on :
 
originally posted by Paul:
quote:
I have spoken with people that know the family on a more personal level. The information about Vicky is not NEW information. I have spoken to Melvin several times before. On one ocassion months ago the topic of family came up. I have been praying for them for a while now. The information came out the other day, that she was doing a little worse. She is heading for Washington this weekend to meet with some specalist to determine a course of action.
I have spoken with a man that was a pallbearer at Melvins sons funeral. To my understanding, his son fell to the same problems Vicky is having.

The flowers, e-mails and donations were all just responses from people that care and are trying in some way to help.

Anyone who has ever taken their wife to a specialist to consult with them about some life stealing illness probably feels the same way I did. (Been there, done that) Faith, family and friends can make a difference.

I hope for the best for them both.



Thanks Paul!
 


Posted by tradingpennys on :
 
Thank you Tradingwizard.
________________________
Wallace I agree with you about richness and the donation thing. I am donating enough in the way of having bought stock. Don't think for a minute that melvin isn't getting his cut.
________________________
Looks like Dr D is seeing the possiblity also that the shares out there are in the BILLIONS. The comment that "Jeff is our friend" I take as Jeff is part of the plan of getting these shares sold that have been dumped.
_______________________

 
Posted by flashovertx on :
 
Im needing an explanation: I understand what naked shorting is, but relative to CMKX, what happens when a NSS is covered? And by "covered" does that mean sold? I dont understand that if the OS is 100 billion and there are 200 billion naked shorts, where is the value of the stock for those with "imaginary" shares??
 
Posted by tradingpennys on :
 
quote:
Originally posted by flashovertx:
Im needing an explanation: I understand what naked shorting is, but relative to CMKX, what happens when a NSS is covered?
If there was a NSS then the shares had been bought.
And by "covered" does that mean sold? No. Bought.
I dont understand that if the OS is 100 billion and there are 200 billion naked shorts, where is the value of the stock for those with "imaginary" shares??

There isn't any imaginary shares in our case there are peoples idea's that there has to be. It would take almost a year to sell off the shares that have been dumped at the rate of 1.5 billion a day.


 


Posted by VNGNTN1 on :
 
FLASH / TP
There MUST be an offsetting share in MM account or thier company CANNOT balance the books. When a share is covered that share is removed from NS inventory account.
On page 14 @ 11:21 I setup a test you can do to see how this works. You can do it by hand or setup an Excell page to do it.The summary is No matter NSS inventory + or - The cash account is always Positive. They can cover an amazing omount of short quickly by increasing spread. That is why watching Bid/Ask for spread is a good indicator.
ALL
CHARITY is a difficult concept to understand but seems to become clearer as you age(you see things ,know people,etc with huge problems and wonder what you can do) This is a small quiet voice within a person, Somehow when a situation comes up(Melvins Wife) the voice speaks and you answer. This is not for everyone and no negative thoughts or consequences occur if you disagree, but for those who do life SEEMS better.
VAN

[This message has been edited by VNGNTN1 (edited July 22, 2004).]
 


Posted by tradingpennys on :
 
Van,
"That is why watching Bid/Ask for spread is a good indicator."
On my program the bid/ask is always tight .0004 / .0005 the size states 16,960x2. The size I haven't quite gotten the grasp of how that works yet. I know that you have to add 2 zeros to the 16,960.
About the charity - I have lost many friends to cancer and other health problems. I have lost my sister recently. Prayers I think used by many work the best. Since love is all we can take with us when we leave.

 
Posted by Brad on :
 
Just FYI, the CMKM site has the latest PR on the front page.
http://www.casavantmining.com/index.html

[This message has been edited by Brad (edited July 22, 2004).]
 


Posted by Money_Penny on :
 
John,

Has your order filled yet? - Mine's still hanging out there.
 


Posted by tradingpennys on :
 
Don't Force The Shorts To Get Dressed

"Naked shorting" helps to curb hype and crime associated with microcap stocks

Business Week:
Commentary by Gary Weiss
December 8, 2003

At a time when the stock market is in a state of chronic schizophrenia, with a year's worth of gains being chipped away, one corner of the market has withstood the recent travails far better than any other: small-cap stocks. The Russell 2000 Index of such stocks is up 37% so far this year -- double the gain in the Standard & Poor's 500-stock index.

And in October, trading volume in the very smallest stocks, which are listed on the OTC Bulletin Board, climbed 400% over a year ago. Good news -- but only up to a point. Regulators have long warned that such stocks are notoriously prone to manipulation and hype.

And that is where short-sellers perform a valuable role. Shorts wager on stock price declines by borrowing stocks and then selling them, in the hope of buying them back at a lower price. So, with microcaps becoming frothy, you'd think that the Securities & Exchange Commission would be encouraging the practice. Instead it has done the exact opposite. On Oct. 29, in a move that received little attention outside the securities industry, the SEC caved in to a vociferous campaign by microcap companies and proposed a rule that would curtail the primary form of short-selling that can deflate the hype of small stocks.

The new rule is designed to stamp out what is known as "naked" short-selling. It works like this: Ordinarily, traders must borrow a stock, or determine that it can be borrowed, before they sell it short. But some professional investors and hedge funds take advantage of loopholes in the rules to sell shares without making any attempt to borrow the stock. The new rule would effectively ban such short-selling.

Critics of shorting say this move is a good idea. They maintain that thinly traded microcap stocks are vulnerable to aggressive short-selling. Gayle Essary, CEO of Investrends Inc., a research service that focuses on small companies, says naked shorting "screws shareholders. They put $3,000 into a stock they think is going to cure cancer or something, and before you know it their stock is worth $300."

But there is another side to the story. Short-sellers argue that the SEC action would eliminate the only market force against overhyped -- or even fraudulent -- small-cap and microcap stocks. And that, they maintain, would be as devastating for ordinary investors as it would be -- financially -- for the short-sellers. "It would crush the whole business of market-making and short-selling and enhance a hundredfold the crime level in these stocks," asserts one New York short-seller who -- like all shorts interviewed for this article -- requested anonymity.

There’s no doubt that shorts often drive down the prices of thinly traded stocks. The problem is that such stocks often became tempting to shorts only because they are richly priced as a result of manipulation. A good example of that took place in the mid-1990s, when several microcap brokerage firms, including Hanover Sterling & Co., collapsed after shares they had promoted to sky-high levels were attacked by aggressive shorts. Hanover brokers and managers were subsequently imprisoned for stock fraud.

Shorts argue that if naked-shorting had not taken place during the microcap crime wave of the 1990s, such stocks would have climbed even higher before they crashed. In the past, the SEC was loath to act against naked shorting, but it now has succumbed to organized pressure -- including a letter-writing campaign encouraged by more than 100 microcap companies, organized as the National Assn. Against Naked Short-Selling (NAANSS).

The arguments used by the organized opponents of naked shorting, lamenting the supposed depredations of short-sellers, are so repetitious that the SEC has categorized their comment letters -- which are piling up at the agency -- as "Letter Types A, B, C and D."

So who is behind this campaign? Calls to the NAANSS were answered at a firm called Investor Communications International, whose clients include companies attacked by shorts. Their anger is understandable. The market is a ruthless place, but it's supposed to be. The SEC should let it work -- and not cave in to this campaign to suppress the only force that can curb hype in the resurgent microcap market.


 


Posted by Money_Penny on :
 
Oh sure, now naked shorting, which is killing small legitimate companies left and right, while the MMs are getting rich off it, is a GOOD thing? Naked shorting is to protect the investors? Give me a break.
 
Posted by tradingpennys on :
 
Penny-Stock Fraud, From Both Sides Now http://www.rgm.com/articles/nytimes2.html
........
Very interesting article on how Stockpatrol.com came into being. I like the articles on that site. They are straight and to the point. Easily understood.
 
Posted by tradingpennys on :
 
quote:
Originally posted by Money_Penny:
Oh sure, now naked shorting, which is killing small legitimate companies left and right, while the MMs are getting rich off it, is a GOOD thing? Naked shorting is to protect the investors? Give me a break.

I know... I wonder who was behind the thinking on that article. lol
 


Posted by JBCak47 on :
 
"the tryth is he called everyone in allstocks stupid any person that buys penny or otc stocks was stupid according to richness but that opinion is his right and to be banned for using his rights is wrong and against everything the usa stands for"

If penny stocks and pink sheets are dumb why was he on here? That is everyone's point who wanted him gone. He made no sense what so ever to come on a penny stock forum and say penny stocks are bad. He gave no advice, no DD, no other options in stocks, except for CMKX was a scam. He did this everyday. The idiot deserves this...

-John-
 


Posted by tradingpennys on :
 
Question:
Is there anyway that CMKM could postpone filing on or by Aug 20th?
 
Posted by Wallace#1 on :
 
JBCak -

If anyone deserves to be banned, you do.
However, I would also object to that as well.

Must go now --- things to do.

[This message has been edited by Wallace#1 (edited July 22, 2004).]
 


Posted by JBCak47 on :
 
MoneyP:

Alas, the order has been in since yesterday but no, it hasen't filled... I am thinking of just changing it to let it fill at .0005 What do you guys think? I am sending over like 100 dollars tomorrow, so at the very least, if Tuesday it went down to .0004 I can still get filled.

I lose 77k shares right now if I switch the order to .0005 from .0004 To me every share counts but if it goes to .0006 I will lose even more... choices choices...

-John-
 


Posted by JBCak47 on :
 
"JBCak -
If anyone deserves to be banned, you do.
However, I would also object to that as well.

Must go now --- things to do."

Wallace,

I thought we agreed to not talk to one another... So why are you talking to me? I don't like you. I think you are a fraud who has either split personalities or split motives. Don't talk to me. I don't like you, I don't care about you, and I don't care for you. Thanks partner

-John



 


Posted by tradingpennys on :
 
Last part of this article on page : http://www.rgm.com/articles/davidson.html

The Law of accelerating returns

The Depository Trust Company is a trust company organized under the banking laws of New York State. It is owned by banks and broker-dealers. It is a custodian of securities that effects "book-entry delivery" in which "transfers of securities within the DTC system are processed by debits and credits to Participants' accounts."

In reviewing a lot of material about the DTC, which I must say is obscure and boring in the extreme, I got the distinct impression that its organizers were more concerned with effecting payment for securities than with the niceties of securities delivery. The DTC says, "DTC does not itself guarantee any funds or securities transfers which its Participants are obligated to make." The DTC is organized on the assumption that broker-dealers, market-makers and clearing agents are all operating in goodwill and need looking at mainly to ascertain that their wire transfers in payment for securities don't go astray.

Where this electronic settlement becomes an issue is when it comes to the shares of mini and small-cap companies traded on the Pink Sheets, the OTC and the Nasdaq. The rules and conventions that have arisen around electronic settlement effectively permit unscrupulous operators among the many thousands of broker-dealers to counterfeit large quantities of stock, which they can sell for payment.

Given the magnitude of the logistics problem in clearing trades, it is understandable that this could happen. It is much easier to monitor the delivery of payment than it is to authenticate the delivery of shares, especially in an electronic clearing system where every broker-dealer has the de facto capability of counterfeiting securities by simply finding a buyer for them.

Say you want to buy a million shares each of GeneMax and another small cap company. Market maker Doaks has shares of neither. But, either on behalf of some client or on his own account, he sells them to you, crediting your broker's account with 1 million shares of GeneMax and 1 million shares of the other. Your broker now has an electronic credit for those shares, against which he wires funds or nets funds against his credit at DTC to Doaks' Participant account there. Thus are counterfeit shares created and put into circulation.

Doaks or his client has pocketed a lot of money for counterfeiting shares he did not have. And your broker has an electronic credit for those shares at DTC. When another of his clients dies, the executor of his estate orders the liquidation of his account, including 500,000 shares of GeneMax. The credit for those shares originally concocted by Doaks now transfers to the account or accounts of the participating broker-dealers whose clients bought the GeneMax shares from the estate. And so on.

Ostensibly, broker-dealers have the capacity to sell securities they don't own and don't have to borrow - as you would if you were selling short - to facilitate market-making. In theory, the broker-dealers can sell quantities of stock they don't own in order to make an orderly market and prevent the price from spiking on big buy orders. In theory, abuses are limited by the requirement for the market-maker to post capital and limit "naked short sales" of any one issue to 10% of the capital account.

That is the theory. The reality is a bit more ugly. No one is really monitoring the aggregate impact of the counterfeit sales on any given issue. It is simple to confirm that payment has been rendered for a sale. When the cash credit is transferred between participants within DTC or the Fed wire hits, the issue is resolved. But in an electronic, book-entry deposit system, every credit for a share purchased is indistinguishable from an actual share issued by the company treasury, even if it was counterfeited. No one bothers to reconcile the share credits in the DTC system with the authorized, freely trading shares of the company.

Consequently, it is quite common for the effective float of small-cap companies to be inflated significantly by electronic counterfeiting. In some cases, the total effective float has been multiplied many times over.

Hence the sometimes weak performance of mini- and small-cap stocks. Their stock prices plunge because the supply of stock is artificially multiplied by naked short selling, better understood as electronic counterfeiting. Unscrupulous broker-dealers and market makers can effectively drive the prices of stocks into oblivion by selling vast quantities of stock not issued by the company.

Having come to understand this, I see an urgent need to curtail this electronic counterfeiting of the shares of small-cap companies. It not only fraudulently deprives investors in the affected companies of wealth but it is also destructive to the economy. And the news media seldom deign to report on it. Other than a few minor squibs on the news pages of The Wall Street Journal, there has been virtually no coverage of this issue.

Indeed, it is so obscure that you may not even know what I am talking about.

If so, that only underscores the need to shed more light on this predatory practice. I should also say that I am confident that this problem will be rectified. Maintenance of honest and orderly capital markets is tremendously important to the economy of the United States.

Sincerely,

Jim Davidson, for The Daily Reckoning

P.S. Having made the argument for small caps, and shed light on the potential for small cap manipulation...you should also know that small-cap stocks are more volatile and "riskier" than large-cap stocks. Small-cap companies generally are more heavily indebted relative to their income than their large-cap counterparts, meaning their earnings are more leveraged. Small-cap companies have fewer assets than large-cap companies. Small-cap companies are statistically more likely to go bankrupt than large-cap companies. So portfolio theorists calculate that the extra return you get over time is a result of investors being compensated for bearing more risks. Keep that in mind if one or more of your "high-upside" stocks bites the dust.


 


Posted by JBCak47 on :
 
Money P:

I am a whimp... I bought at .0005 222k shares of CMKX


I am now the proud owner of 2,962,000 shares muwahahahahahahahahhahaha

My goal was/is at least three million so I am now there. I suppose anything I get after this will go towards the 'long' shares. What is great now is that it will only take like maybe three hundred more dollars to satisfy my 'long' shares...

Excellent Smithers! Now release those Market Makers!

Yes, Sir!

=============================================

Am I addicted to CMKX? Yes.
Am I addicted to stocks? Totally.
Am I addicted to Allstocks? 100% Yes.
Do I mind? No, I've blown money in worse ways.

Is this an adventure? Probably one of the longest in my life... I love seeing my money go up, and even, disapper lol... (It's like Vegas but you can always have money on the table... )

-John- (aka College Boy) License Plate: TPLSGRLS

 


Posted by tradingpennys on :
 
TOXIC FUNDING

(THE FLOORLESS CONVERTIBLE SECURITY)

ALSO KNOWN AS "THE DEATH SPIRAL"

In our opinion, the biggest source of short selling and naked short selling abuses comes from the use of toxic funding strategies. These come in many forms from convertible debentures and options to simple private placements with a variable pricing structure based upon future market values. Regardless of their form, they all share one common trait. They all allow the funding source to purchase shares at a significant discount below the existing market, regardless of how low the stock price might fall. This sets the stage better than anything else for short selling abuses. A ruthless individual can literally drive a stock from over $1 to the sub penny level using toxic funding strategies and make risk-free money doing it.

Since many, if not most, toxic funding sources exist within obscure offshore corporations, it is easy for them to short sell at will, undetected and assure themselves high profitability with complete disregard for the other shareholders in the company.

Still, there are unsavory elements everywhere in business and it is up to the unscrupulous or lazy corporate executive to invite these funding strategies in before they can abuse the company.

Since the dangers of toxic funding are so widely known, only a CEO lacking any ethical foundation or one so lazy and stupid he doesn't deserve your support would enter into one of these agreements. To claim that the capital source promised or agreed not to sell and hurt the stock or not to short the stock falls into the same ignorant excuses as "the checks in the mail" and "it's only a cold sore".

Toxic funding is an invitation to short selling abuses, it is as simple as that. Blaming the system that allows naked short selling for the abuses caused by toxic funding is as stupid as blaming the lock manufacturer for your loss after giving the fox the key to your hen house.

CONCLUSION

Regardless of the outcome of the SEC's review of naked short-selling we support the elimination of floorless toxic funding strategies entirely. If you want to stop short sellers from torching a stock, take away the fuel, not the match. Loosen regulations so that companies can sell their stock privately at any discount to the market they want, just require they disclose it and publish the terms in a press release. If they want to sell stock privately for $.01 when the market price is $1.00, let them. Just make them disclose it in a press release. For the market to survive we must eliminate any opportunity for stocks to be priced at anything in the future but a fixed amount or an amount higher than the existing market price of the stock.
http://our-street.com/Shortseller_war.htm
____________________________________
IMO- UCAD will be below 3.40 on Aug. 20th. By at minimum of a dollar +.
If so, the dividend will be far less than an already anticipated low amount. That's the "neat" part of the deal for UCAD.
 


Posted by tradingpennys on :
 
Very interesting article -

STOCK FRAUD'S SILENT ACCOMPLICE

or

"Things I wish I knew before now but everyone neglected to tell me" http://our-street.com/conspiracy.htm
 


Posted by slpj1960 on :
 
My order was filled today at .0004. I have been trying to buy at this level all week.
 
Posted by Money_Penny on :
 
Do orders that have been sitting for longer have a higher probability of getting filled? (first come, first served?
 
Posted by cool1sh on :
 
I agree with you on split personalities.

quote:
Originally posted by JBCak47:
"JBCak -
If anyone deserves to be banned, you do.
However, I would also object to that as well.

Must go now --- things to do."

Wallace,

I thought we agreed to not talk to one another... So why are you talking to me? I don't like you. I think you are a fraud who has either split personalities or split motives. Don't talk to me. I don't like you, I don't care about you, and I don't care for you. Thanks partner

-John



 


Posted by slpj1960 on :
 
I have been placing my orders in the morning before market open each day, I just feel better doing it like this even though I may miss out. I do believe that it helps to have your order filled the longer that you set your "good for" times on your orders.
 
Posted by Money_Penny on :
 
Forgive me if this has been posted before, but here is an excellent article on naked shorting and its effect on micro-cap companies and their investors.

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

Naked shorting into $0.0001, or, **Cellar Boxing**
There’s a form of the securities fraud known as naked short selling that is becoming very popular and lucrative to the Market Makers that practice it. It is known as “Cellar boxing” and it has to do with the fact that the NASD and the SEC had to arbitrarily set a minimum level at which a stock can trade. This level was set at $.0001 or one-one hundredth of a penny. This level is appropriately referred to as “the cellar”. This $.0001 level can be used as a "backstop" for all kinds of market maker and naked short selling manipulations.

“Cellar boxing” has been one of the security frauds du jour since 1999 when the market went to a “decimalization” basis. In the pre-decimalization days the minimum market spread for most stocks was set at 1/8th of a dollar and the market makers were guaranteed a healthy “spread”. Since decimalization came into effect, those one-eighth of a dollar spreads now are often only a penny as you can see in Microsoft’s quote throughout the day. Where did the unscrupulous MMs go to make up for all of this lost income? They headed "south" to the OTCBB and Pink Sheets where the protective effects from naked short selling like Rule 10-a, and NASD Rules 3350, 3360, and 3370 are nonexistent.

The unique aspect of needing an arbitrary “cellar” level is that the lowest possible incremental gain above this cellar level represents a 100% spread available to MMs making a market in these securities. When compared to the typical spread in Microsoft of perhaps four-tenths of 1%, this is pretty tempting territory. In fact, when the market is no bid to $.0001 offer there is theoretically an infinite spread.

In order to participate in “cellar boxing”, the MMs first need to pummel the price per share down to these levels. The lower they can force the share price, the larger are the percentage spreads to feed off of. This is easily done via garden variety naked short selling. In fact if the MM is large enough and has enough visibility of buy and sell orders as well as order flow, he can simultaneously be acting as the conduit for the sale of nonexistent shares through Canadian co-conspiring broker/dealers and their associates with his right hand at the same time that his left hand is naked short selling into every buy order that appears through its own proprietary accounts. The key here is to be a dominant enough of a MM to have visibility of these buy orders. This is referred to as "broker/dealer internalization" or naked short selling via "desking" which refers to the market makers trading desk. While the right hand is busy flooding the victim company's market with "counterfeit" shares that can be sold at any instant in time the left hand is nullifying any upward pressure in share price by neutralizing the demand for the securities. The net effect becomes no demonstrable demand for shares and a huge oversupply of shares which induces a downward spiral in share price.

In fact, until the "beefed up" version of Rule 3370 (Affirmative determination in writing of "borrowability" by settlement date) becomes effective, U.S. MMs have been "legally" processing naked short sale orders out of Canada and other offshore locations even though they and the clearing firms involved knew by history that these shares were in no way going to be delivered. The question that then begs to be asked is how "the system" can allow these obviously bogus sell orders to clear and settle. To find the answer to this one need look no further than to Addendum "C" to the Rules and Regulations of the NSCC subdivision of the DTCC. This gaping loophole allows the DTCC, which is basically the 11,000 b/ds and banks that we refer to as "Wall Street”, to borrow shares from those investors naive enough to hold these shares in "street name" at their brokerage firm. This amounts to about 95% of us. Theoretically, this “borrow” was designed to allow trades to clear and settle that involved LEGITIMATE 1 OR 2 DAY delays in delivery. This "borrow" is done unbeknownst to the investor that purchased the shares in question and amounts to probably the largest "conflict of interest" known to mankind. The question becomes would these investors knowingly loan, without compensation, their shares to those whose intent is to bankrupt their investment if they knew that the loan process was the key mechanism needed for the naked short sellers to effect their goal? Another question that arises is should the investor's b/d who just earned a commission and therefore owes its client a fiduciary duty of care, be acting as the intermediary in this loan process keeping in mind that this b/d is being paid the cash value of the shares being loaned as a means of collateralizing the loan, all unbeknownst to his client the purchaser.

An interesting phenomenon occurs at these "cellar" levels. Since NASD Rule 3370 allows MMs to legally naked short sell into markets characterized by a plethora of buy orders at a time when few sell orders are in existence, a MM can theoretically "legally" sit at the $.0001 level and sell nonexistent shares all day long because at no bid and $.0001 ask there is obviously a huge disparity between buy orders and sell orders. What tends to happen is that every time the share price tries to get off of the cellar floor and onto the first step of the stairway at $.0001 there is somebody there to step on the hands of the victim corporation's market.


Once a given micro cap corporation is “boxed in the cellar” it doesn’t have a whole lot of options to climb its way out of the cellar. One obvious option would be for it to reverse split its way out of the cellar but history has shown that these are counter-productive as the market capitalization typically gets hammered and the post split share price level starts heading back to its original pre-split level.

Another option would be to organize a sustained buying effort and muscle your way out of the cellar but typically there will, as if by magic, be a naked short sell order there to meet each and every buy order. Sometimes the shareholder base can muster up enough buying pressure to put the market at $.0001 bid and $.0002 offer for a limited amount of time. Later the market makers will typically pound the $.0001 bids with a blitzkrieg of selling to wipe out all of the bids and the market goes back to no bid and $.0001 offer. When the weak-kneed shareholders see this a few times they usually make up their mind to sell their shares the next time that a $.0001 bid appears and to get the heck out of Dodge. This phenomenon is referred to as “shaking the tree” for weak-kneed investors and it is very effective.

At times the market will go to $.0001 bid and $.0003 offer. This sets up a juicy 200% spread for the MMs and tends to dissuade any buyers from reaching up to the "lofty" level of $.0003. If a $.0002 bid should appear from a MM not "playing ball" with the unscrupulous MMs, it will be hit so quickly that Level 2 will never reveal the existence of the bid. The $.0001 bid at $.0003 offer market sets up a "stalemate" wherein market makers can leisurely enjoy the huge spreads while the victim company slowly dilutes itself to death by paying the monthly bills with "real" shares sold at incredibly low levels. Since all of these development-stage corporations have to pay their monthly bills, time becomes on the side of the naked short sellers.

At times it almost seems that the unscrupulous market makers are not actively trying to kill the victim corporation but instead want to milk the situation for as long of a period of time as possible and let the corporation die a slow death by dilution. The reality is that it is extremely easy to strip away 99% of a victim company’s share price or market cap and to keep the victim corporation “boxed“ in the cellar, but it really is difficult to kill a corporation especially after management and the shareholder base have figured out the game that is being played at their expense.

As the weeks and months go by the market makers make a fortune with these huge percentage spreads but the net aggregate naked short positions become astronomical from all of this activity. This leads to some apprehension amongst the co-conspiring MMs. The predicament they find themselves in is that they can’t even stop naked short selling into every buy order that appears because if they do the share price will gap and this will put tremendous pressures on net capital reserves for the MMs and margin maintenance requirements for the co-conspiring hedge funds and others operating out of the more than 13,000 naked short selling margin accounts set up in Canada. And of course covering the naked short position is out of the question since they can’t even stop the day-to-day naked short selling in the first place and you can't be covering at the same time you continue to naked short sell.

What typically happens in these situations is that the victim company has to massively dilute its share structure from the constant paying of the monthly burn rate with money received from the selling of “real” shares at artificially low levels. Then the goal of the naked short sellers is to point out to the investors, usually via paid “Internet bashers”, that with the, let’s say, 50 billion shares currently issued and outstanding, that this lousy company is not worth the $5 million market cap it is trading at, especially if it is just a shell company whose primary business plan was wiped out by the naked short sellers’ tortuous interference earlier on.

The truth of the matter is that the single biggest asset of these victim companies often becomes the astronomically large aggregate naked short position that has accumulated throughout the initial “bear raid” and also during the “cellar boxing” phase. The goal of the victim company now becomes to avoid the 3 main goals of the naked short sellers, namely: bankruptcy, a reverse split, or the forced signing of a death spiral convertible debenture out of desperation. As long as the victim company can continue to pay the monthly burn rate, then the game plan becomes to make some of the strategic moves that hundreds of victim companies have been forced into doing which includes name changes, CUSIP # changes, cancel/reissue procedures, dividend distributions, amending of by-laws and Articles of Corporation, etc. Nevada domiciled companies usually cancel all of their shares in the system, both real and fake, and force shareholders and their b/ds to PROVE the ownership of the old “real” shares before they get a new “real” share. Many also file their civil suits at this time also. This indirect forcing of hundreds of U.S. micro cap corporations to go through all of these extraneous hoops and hurdles as a means to survive, whether it be due to regulatory apathy or lack of resources, is probably one of the biggest black eyes the U.S. financial systems have ever sustained. In a perfect world it would be the regulators that periodically audit the “C” and “D” sub-accounts at the DTCC, the proprietary accounts of the MMs, clearing firms, and Canadian b/ds, and force the buy-in of counterfeit shares, many of which are hiding behind altered CUSIP #s, that are detected above the Rule 11830 guidelines for allowable “failed deliveries” of one half of 1% of the shares issued. U.S. micro cap corporations should not have to periodically “purge” their share structure of counterfeit electronic book entries but if the regulators will not do it then management has a fiduciary duty to do it.

A lot of management teams become overwhelmed with grief and guilt in regards to the huge increase in the number of shares issued and outstanding that have accumulated during their “watch”. The truth however is that as long as management made the proper corporate governance moves throughout this ordeal then a huge number of resultant shares issued and outstanding is unavoidable and often indicative of an astronomically high naked short position and is nothing to be ashamed of. These massive naked short positions need to be looked upon as huge assets that need to be developed. Hopefully the regulators will come to grips with the reality of naked short selling and tactics like "Cellar boxing" and quickly address this fraud that has decimated thousands of U.S. micro cap corporations and the tens of millions of U.S. investors therein.


[This message has been edited by Money_Penny (edited July 22, 2004).]
 


Posted by cool1sh on :
 
M_P
Do you have the link? Thanks
 
Posted by tradingpennys on :
 
A couple weeks ago I wrote Melvin and asked several questions and asked if I could get a propectus from CMKM. Today I recieved a box in the mail with hundreds of prospectus booklets not from CMKM but from Dow Industrials DIAMONDS (DIA) LOL If that doesn't beat all!
 
Posted by Money_Penny on :
 
quote:
Originally posted by cool1sh:
M_P
Do you have the link? Thanks

I don't want to post is here because it's from another board. Upside said last night he got banned once for mentioning another board here, so I'm not taking any risks. Post your e-mail and I'll send it to you.
 


Posted by Kimberlystocks on :
 
IMO I feel that CMKX stocks will not move at all until after the 20th. I think the MM's will take the stock for a ride as far as they can go with it until they are forced to be accountable, if there is indeed massive shorting going on. I have been invested with CMKX for almost a year now and I am willing to ride it out all the way whether gain or loss. I could live with the loss if the company went under, more than living with dumping the stock too soon and losing a lot more if the stock went through the roof!!
 
Posted by Brad on :
 
quote:
Originally posted by Kimberlystocks:
IMO I feel that CMKX stocks will not move at all until after the 20th. I think the MM's will take the stock for a ride as far as they can go with it until they are forced to be accountable, if there is indeed massive shorting going on. I have been invested with CMKX for almost a year now and I am willing to ride it out all the way whether gain or loss. I could live with the loss if the company went under, more than living with dumping the stock too soon and losing a lot more if the stock went through the roof!!

I would agree 100%. Without an official PR between now and then everything else is pure speculation. Therefore patience is all we can exercise. The stock will move when the MM's are ready for it to move. (Until Aug 20th) That's painfully clear.
 


Posted by tradingpennys on :
 
I don't think a PR would budge this stock unless it was HUGE DIAMONDS discovered -OR- They finally file with the SEC. (Filing with the SEC could hurt or help)
 
Posted by Kimberlystocks on :
 
That is basically what I live by is the official PR's. I enjoy reading the message boards to get other opinions, and the occasional post that really explains an issue in question regarding the company. For instance, what naked shorting means, MM's, disbursement of dividends. I've learned a lot for being a newbie just reading message boards.
 
Posted by tradingpennys on :
 
quote:
Originally posted by Kimberlystocks:
That is basically what I live by is the official PR's. I enjoy reading the message boards to get other opinions, and the occasional post that really explains an issue in question regarding the company. For instance, what naked shorting means, MM's, disbursement of dividends. I've learned a lot for being a newbie just reading message boards.

Me too! But today I have learned also that BusinessWire press releases are basically paid advertisements. Same with PRwire.

Nothing is sacred! lol
 


Posted by Kimberlystocks on :
 
Paid advertisement? That's just great! I could believe that.

I also agree that basically the only movement of the stock right NOW would be a major diamond find or something else, like gold would be nice. You never know!! Time will tell. I am fairly young, so I have plenty of time to wait, lol.
 


Posted by tradingpennys on :
 
Part II On Short Selling- Illegal Naked Short Selling in Microcap Stocks


The regulators are beginning to take a hard look at the practices of short sellers. After several years of high profile cases surrounding the excesses which caused stocks to go artificially high, the extended bear market has fostered a climate wherein the regulators are examining the practices of those who benefit by illegally forcing stocks artificially low.

On April 19th I published an edition entitled "Is the SEC Pendulum Swinging? - Regulators Go After Short Sellers". I covered the recent actions the SEC took against one fund manager who used short selling in a death spiral financing to illegally enhance his profits.

Today we're looking at the issues surrounding naked short selling in microcap stocks, and how the regulatory landscape may be changing to level the playing field for small public companies and their shareholders.

About 80 small public companies have signed up for the "OTC Rebellion". To learn more, read on:
The OTC Rebellion


The DTC, or Depository Trust Company, is responsible for the electronic transfer of billions of shares of stock in the US markets. The DTC electronically handles the delivery of stock from buyer to seller in the open market once a trade takes place. DTC handles billions of transactions annually and has a monopoly in the US markets despite being a private company.

There are about 80 microcap companies attempting to withdraw their shares from being handled by the Depository Trust Company. If successful, they go back to the old fashioned practice of having every transaction handled by the company's Transfer Agent. They believe short sellers are able to illegally create millions of shares of stock which don't exist, and are flooding the markets with these counterfeit shares. The practice only works because of flaws and loopholes in the DTC system.

In a legitimate short sale of stock, shares are borrowed by the seller against a future pledge to buy the stock back. If the shares drop in value, the short seller makes money when he closes his position with a buy transaction.

Naked short sellers flood the markets with millions of shares that simply don't exist and which have not been legitimately borrowed. Microcap companies are targeted because they don't have institutional shareholders with deep pocketswho have the conviction to take on the short sellers. Short sellers are able to bully this end of the marketplace. Furthermore, microcap companies have a much higher failure rate, giving the short sellers much greater odds of long term success.

Naked short sellers are able to sell shares which simply don't exist because the normal three day settlement rules are mostly ignored by the DTC System. As the buyer you purchase shares in the open market and pay for the purchase within the normal three day time frame. The shares show up in your account as a line item entry. However, most investors don't know that your shares might never be electronically delivered to your account in any reasonable time frame. These "open fail to delivers" can stay on the books of brokerage firms for months because the DTC system does not force them to be delivered.

This allows naked short sellers to flood the market with millions of shares which don't exits and where no shares have been pledged or loaned against the short trade.

There are two primary mechanisms short sellers use to execute these trades.

Market Makers- Market makers are allowed to go naked short stocks in which they make a market. This regulation is designed to encourage a "stable" market. Large pools of funds are pledged to market makers in the guise of trading capital which are really used to create huge excess supplies in microcap stocks, which acts to destabilizes the market.
Trading through Canada: You can execute trades with a Canadian brokerage firm simply by opening an account. The NASD regulates the actions of brokerage firms, but has no regulatory authority of Canadian brokerage firms, where huge short positions are often parked and moved or "kited" around to disguise their existence.
When a company successfully withdraws its shares from trading in the DTC system, naked short selling abuses are prevented. Once removed from DTC, every transaction is handled by the old fashioned way by the Transfer Agent. Every buyer is matched up with a seller who actually has real shares for sale. The transfer agent matches the two and short sellers cannot artificially create immense supplies of stock.
http://www.ioreport.com/archive/listserv/20030518-1.html
 


Posted by tradingpennys on :
 
Goodluck Kimberly!
 
Posted by Money_Penny on :
 
Another stupid question: What are these 9 million share trades that go through in blocks every day??? Is that MMs shuffling shares back and forth?
 
Posted by tradingpennys on :
 
I have been wondering that myself Money_penny. And I see 999,999 orders then I go over to the web site "Time and sales" at freetrade and it shows up at even numbers.
999,999 = 1,000,000
 
Posted by tradingpennys on :
 
Todays volume so far is lacking horribly.
 
Posted by JBCak47 on :
 
Congrats on getting filled at .0004 !!!

I'll take .0005, what is the worst that happens it goes down a little

I'll agree witht he PR statement.

=============================================
Money P-diddy,

If anything, in my mind at least, I too see the MM's stalling on raising the price, however a thought keeps comming to my mind and that is that may let the price run up a little and take it down again, causing perhaps another round of weak naked short shares as well as long shares?

I mean if some MM's are really working as teams, for what ever reason, they could very well trade stocks equally back and forth, artificially raising the price, then dropping it. I mean like going from .0005 to like .001, then big dip down to .0006-4 levels... some longs may possibly sell at .001 to take profits? Who knows... all wild predicitions on my part, which must I add are just that, wild & predicitions.

Regardless I still stand Long and Strong!
I am buying more shares because maybe soon CMKX will win a race then BAM! Instant advertising

We shall see I suppose...
p.s. (I am almost tempted to go collect cans for the bottle deposits. One SINGLE can/bottle will fetch 100 shares of CMKX!!! (at .0005)
(Okay I am a full blown Stockhead. You will see me comming through your towns with a shoping cart that says 'CMKX Recycling' on it hahaha...


=============================================
Where is Pharm today???

I bet 1 CMKX share he's in the hot tub... Eating Cheeze Whiz on Ritz crackers.

=============================================

Anyone else buy CMKX today?

Any good rumors circulating lol...?

-John-

 


Posted by tradingpennys on :
 
9,000,000
9,000,000
9,000,000
9,000,000
9,000,000
9,000,000
9,000,000
9,000,000
as sells... looks like they are bringing the pps down.
 
Posted by HarryHar on :
 
JKCAK

I agree with you totally that the it would be a money maker and a way to cover without losing money by banning together with the other MM's to walk the price up and down, up and down. Basically, move the price instead of sitting on it, so that they can actually make some bigger profits from naked short selling, before Aug 20 when they have to cover. Doesn't it make sense for them to do this? There's money to be made?! Unless, the speculation about Jeff working for CMKX is true...I'm still 17M long and strong...
 


Posted by Kimberlystocks on :
 
Thank you Tradingpennys. Good luck to you also!!

Wouldn't you love to be a fly on the wall watching an MM do their work and what they are trying to accomplish with CMKX? If only one of us knew an MM personally that was working on another stock that could give us insight on what the end move would probably be by August 20th.
 


Posted by tradingpennys on :
 
Interestingly I went and reread the last PR re: CIM. I was reading over the link that was provided. Looking at the end of the page I saw Petra Pluc Inc mentioned. I ran a search with "Petra Pluc Inc." and up came the page that the PR gave. Hmm....
 
Posted by tradingpennys on :
 
Also,
as far as I can tell that piece of property would be great if your into mining QUARTZ !! LOL
 
Posted by sherry on :
 
Didn't they have some big meeting in Las Vagas this week? Does anyone thing we will get another PR this week?
 
Posted by Brad on :
 
Looks like we had a momentary spike to .004 today. I'm sure that was to shake loose some stop orders.
 
Posted by tradingpennys on :
 
WHOA! Okay now this is getting REAL interesting - Check out the other name on the bottom of that page and you will find the claim had been transfered to Odaat Inc. in looking for info. on that company I found SASKATCHEWAN MINERAL PROPERTIES AVAILABLE FOR OPTION AND/OR JOINT VENTURE. George Lake Zinc- Is listed AND UCAD has Fort a la Corne listed with 20 claims they want to deal. We need the actual areas of CMKM to compare which is another thing they seemed to have NOT given up for our eyes. Even though Melvin said it would be. Yeah when - the second tuesday of next week? http://www.ir.gov.sk.ca/adx/asp/adxgetmedia.asp?docid=3604,3440,3385,2936,documents&mediaid=3827&filename=optionstable_2002.pdf,,aol/
 
Posted by Money_Penny on :
 
If my order for .0004 is not filling, should I call my broker? Can they help?

Also, there has been some hype on the other boards about a PR tonight. We'll see...
 


Posted by dimndlvr on :
 
I have recently purchased a few million shares of CMKM stock and so far it has been the only thing on my mind...trying to wade through the PR reports to determine whether or not they are legitimate or bogus to see where this prospect of a stock might go. One recent hiccup came from an associate of mine who works at a law enforcement agency who also invested.
Before I continue let me insert here that I am NOT a basher.. merely an interested investor who would like to recieve any quality input from other investors.

Back to the subject at hand... so my associate tells his friend about the stock he just invested in and they do some research..who owns the company, who manages the company, CFO, etc... interestingly enough the cop recognizes one of the names and a light goes off in his head... one of these individuals (i believe he said it was Melvin or the CFO) was investigated for fraud. So now anyone he knows who has invested he wants information such as who we invested through and how many shares, etc. My associate is screaming sell sell!! And I am caught up in the middle wondering how something that seems so legitimate and possibly lucrative could be a total scam.

Please help me fellow investors... is this true what he has said? Was someone high ranking within the CMKM organization investigated for fraud before? Does this relate to our investment in any way? I can say that i'm sticking with it no matter what simply because its play money and this seems to be a solid possibility but my fellow investors locally are dying for answers... anyone know the truth?

 


Posted by tradingpennys on :
 

Odaat approves name change to Explor Resources, share consolidation

2004-01-28 21:15:00


LA RONGE, Sask. (CP) - Mining company Odaat Inc. approved wholesale changes Wednesday - including a name change to Explor Resources Inc.

After a one-for four share consolidation, the new Explor (TSXV:EXS) begins trading Thursday on the junior TSX Venture Exchange. The old Odaat shares closed Wednesday at 13 cents apiece, down two cents.

After closing $200,000 private placement, the firm also provided Canaccord Capital with rights to acquire 123,333 common shares at 15 cents each within 18 months.


-----------------------
Private placement? The plot thickens..
 


Posted by tradingpennys on :
 
quote:
Originally posted by dimndlvr:
I have recently purchased a few million shares of CMKM stock and so far it has been the only thing on my mind...trying to wade through the PR reports to determine whether or not they are legitimate or bogus to see where this prospect of a stock might go. One recent hiccup came from an associate of mine who works at a law enforcement agency who also invested.
Before I continue let me insert here that I am NOT a basher.. merely an interested investor who would like to recieve any quality input from other investors.

Back to the subject at hand... so my associate tells his friend about the stock he just invested in and they do some research..who owns the company, who manages the company, CFO, etc... interestingly enough the cop recognizes one of the names and a light goes off in his head... one of these individuals (i believe he said it was Melvin or the CFO) was investigated for fraud. So now anyone he knows who has invested he wants information such as who we invested through and how many shares, etc. My associate is screaming sell sell!! And I am caught up in the middle wondering how something that seems so legitimate and possibly lucrative could be a total scam.

Please help me fellow investors... is this true what he has said? Was someone high ranking within the CMKM organization investigated for fraud before? Does this relate to our investment in any way? I can say that i'm sticking with it no matter what simply because its play money and this seems to be a solid possibility but my fellow investors locally are dying for answers... anyone know the truth?


I have done alot of research on the subject and could not find any names that have any fruad linked to them directly. I am now in the persuit of indirect association. Of which I know a Police Officer would have any and all info. I know for a fact they can get such a detailed report on anyone that can tell you how many times you wipe your azz a day. Although Los Angeles and Riverside police depts. in southern calif. have to be careful because of thier not so good standing as I will put it. But other depts. wouldn't be so scrutinized by anyone in the dept. to look up that info.
 


Posted by Brad on :
 
quote:
Originally posted by dimndlvr:
I have recently purchased a few million shares of CMKM stock and so far it has been the only thing on my mind...trying to wade through the PR reports to determine whether or not they are legitimate or bogus to see where this prospect of a stock might go. One recent hiccup came from an associate of mine who works at a law enforcement agency who also invested.
Before I continue let me insert here that I am NOT a basher.. merely an interested investor who would like to recieve any quality input from other investors.

Back to the subject at hand... so my associate tells his friend about the stock he just invested in and they do some research..who owns the company, who manages the company, CFO, etc... interestingly enough the cop recognizes one of the names and a light goes off in his head... one of these individuals (i believe he said it was Melvin or the CFO) was investigated for fraud. So now anyone he knows who has invested he wants information such as who we invested through and how many shares, etc. My associate is screaming sell sell!! And I am caught up in the middle wondering how something that seems so legitimate and possibly lucrative could be a total scam.

Please help me fellow investors... is this true what he has said? Was someone high ranking within the CMKM organization investigated for fraud before? Does this relate to our investment in any way? I can say that i'm sticking with it no matter what simply because its play money and this seems to be a solid possibility but my fellow investors locally are dying for answers... anyone know the truth?



It's the CFO you're referring to and it was indirect association. I'll see if I can dig up the info and repost the link for you. It was discussed in this forum in the past but it was quite a while ago.

 


Posted by dimndlvr on :
 
TP~
Yes I too have done some basic internet research tryin to find news articles involving fraud charges and the names of higher ups in CMKM. I came up empty as well, it just caught me by surprise that a name seemed to stick out in this officers head. Ill let him or her do the research, IMHO if it makes me money I could care less what someone did in the past.
 
Posted by tradingpennys on :
 
quote:
Originally posted by dimndlvr:
TP~
Yes I too have done some basic internet research tryin to find news articles involving fraud charges and the names of higher ups in CMKM. I came up empty as well, it just caught me by surprise that a name seemed to stick out in this officers head. Ill let him or her do the research, IMHO if it makes me money I could care less what someone did in the past.


I agree with you 100%.

 


Posted by JBCak47 on :
 
DIMNDLVR

Yes I know what you are saying, its on a lot of peoples minds...

=============================================
Money p:

Rumor of a PR Tonight??? Glad I bought in then... What are the rumors surrounding this rumored PR,

heheh...

-John-


 


Posted by Kimberlystocks on :
 
Don't you think it is almost impossible not to find an assocation somewhere along the line of someone who had a shady past within a company? So long as CMKX is not a fraud, I'm in.
 
Posted by tradingpennys on :
 
On 21 May 1997, M. Lederhouse staked the showing as S-105626 for Petro
Pluc Inc. In March of 2002, Odaat Inc. completed a ground HLEM survey over the
deposit (AF 64E05-0032). This work remains confidential. On 3 January 2003, the
disposition was transferred to Odaat Inc. and on 6 January 2003, Odaat
transferred the property to 1018609 Alberta Ltd.
------------------------------
Alberta Ltd. Is next.
 
Posted by tradingpennys on :
 
And what comes up for Alberta Ltd.? The same page !!!!!!
 
Posted by dimndlvr on :
 
Kimberly,
Yea thats what I said. so long as the decisions I make in what to invest in are ethical and moral if anyone in the company has a shady past then so be it.
-----------------------------------------
Wasn't there supposed to be a meeting within the CMKM organization yesterday? Was there a PR anyone has found?
 
Posted by Brad on :
 
quote:
Originally posted by dimndlvr:
Please help me fellow investors... is this true what he has said? Was someone high ranking within the CMKM organization investigated for fraud before? Does this relate to our investment in any way? I can say that i'm sticking with it no matter what simply because its play money and this seems to be a solid possibility but my fellow investors locally are dying for answers... anyone know the truth?[/B]


Send me your email address dimndlvr to brad333@swbell.net and I'll send you a link on this. I'd repost the link to the whole discussion about this but I'd just rather not see it all get re-hashed again. You can make up your own mind after reading it.

[This message has been edited by Brad (edited July 22, 2004).]
 


Posted by tradingpennys on :
 
http://www.gov.sk.ca/newsrel/releases/2003/02/14-078-attachment.pdf
MEDIA BACKGROUNDER Saskatchewan Prospectors Incentive Program and ...
Saskatchewan. ODAAT Inc., La Ronge $15,526.50 Gold exploration in the Missinipe area, northern Saskatchewan. Pinehouse Business

UCAD is also mentioned as getting 52 thousand some odd dollars.
 


Posted by Brad on :
 
I just had 2.5 mil shares filled at .0004

It took about 45 minutes to fill.
 


Posted by tradingpennys on :
 
This sure does nail it that CMKM isn't doing anything -
2004 MAJOR PROJECTS INVENTORY http://www.ir.gov.sk.ca/adx/asp/adxGetMedia.asp?DocID=2967,3087,2936,Documents&MediaID=6677&Filename=2004%20%28Master%20Copy%29%20Major%20Projects.pdf
 
Posted by Brad on :
 
quote:
Originally posted by tradingpennys:
This sure does nail it that CMKM isn't doing anything -
2004 MAJOR PROJECTS INVENTORY http://www.ir.gov.sk.ca/ adx/asp/adxGetMedia.asp?DocID=2967,3087,2936,Documents&MediaID=6677&Filename=2004%20%28Master%20Copy%29%20Major%20Projects.pdf


It doesn't prove that at all. On the contrary, if you look at page 21, top line, it indicates that "Diamond Exploration" by "Multiple Companies" in "Forte a la Corne" are in "Phase 1". I'm assuming you just missed that while providing us with solid due diligence.

 


Posted by bill1352 on :
 
tradingpennys....the date for that was in march and as no mining was to be done only core sample drilling i don't think it would even register on that list. that list looked like you would have to be ready to start mining to make it. cmkx hasn't even really started the core sampling phase yet
 
Posted by tradingpennys on :
 
288 trades today
1,086,764,787 sold
closing at 0.0005
 
Posted by tradingpennys on :
 
quote:
Originally posted by Brad:

It doesn't prove that at all. On the contrary, if you look at page 21, top line, it indicates that "Diamond Exploration" by "Multiple Companies" in "Forte a la Corne" are in "Phase 1". I'm assuming you just missed that while providing us with solid due diligence.

Diamond Exploration is a COMPANY !!
Nothing to do with CMKM.
 


Posted by tradingpennys on :
 
Good to see you back richness !!
 
Posted by Brad on :
 
quote:
Originally posted by tradingpennys:
Diamond Exploration is a COMPANY !!
Nothing to do with CMKM.


Don't think so. Read it again. It states under Company Name "MULTIPLE COMPANIES" and under project it states "DIAMOND EXPLORATION".

 


Posted by tic_toc on :
 
quote:
Originally posted by tradingpennys:
Diamond Exploration is a COMPANY !!
Nothing to do with CMKM.

NO it is NOT. it clearly states 'multiple companies' under the column 'company names' and 'diamond exploration' under the column 'project'

what is your game tradingpennys??
 


Posted by Brad on :
 
quote:
Originally posted by tic_toc:
NO it is NOT. it clearly states 'multiple companies' under the column 'company names' and 'diamond exploration' under the column 'project'

what is your game tradingpennys??



Exactly. I'm just trying to be nice. Wallace doesn't like it when we accuse posters with bad information as bashers so I'm simply saying "read it again tradingpennys". I'm giving you the benefit of the doubt that you just made a mistake. Take the easy offer and just admit that you read it wrong.

 


Posted by tradingpennys on :
 
3.67% Zn - as per Pertro Plus Inc. which is another one of Casavant's co's for the one's who don't know.
 
Posted by tradingpennys on :
 
Why don't you all do some research !! LOL
 
Posted by Brad on :
 
quote:
Originally posted by tradingpennys:
Why don't you all do some research !! LOL

I'll be the first to admit if my information is wrong. But for now I have to say, what the heck are you looking at? You can't be serious. That document link you sent out clearly lists out Diamond Exploration along with Uranium, Gold, Base Medals, etc. and clearly states "Multiple Companies" next to them. Give me a break.
 


Posted by Money_Penny on :
 
Tina,

You're not doing "research", you're digging for dirt where there's little or no dirt to be found (not saying there is no dirt at all, just not where you're digging). You keep on ramming the shovel into the ice, but the ice is very thin... For your own sake, please stop!!!
 


Posted by PAUL on :
 
No more e-mail is being forwarded to Melvin and Vicky but, If you want to read what people sent....
http://www.wgat.org/getwellsoon.htm

Thank you everyone.

Paul

[This message has been edited by PAUL (edited July 22, 2004).]

[This message has been edited by PAUL (edited July 22, 2004).]
 


Posted by tradingpennys on :
 
Muliple Companies mean the joint ventures that are with that COMPANY. Like I said - Do some research. Quit barking!
 
Posted by tradingpennys on :
 
Money_penny...
Just trying to get these "individuals" sparked into uncovering new and possibly interesting info. everyone is stuck in a lul. And that ain't short for lullaby. lol
 
Posted by Brad on :
 
quote:
Originally posted by tradingpennys:
Muliple Companies mean the joint ventures that are with that COMPANY. Like I said - Do some research. Quit barking!

I provide you with a page number and quoted items out of your document to prove you're comment is wrong and you respond by saying "do some research". You're losing your credibility with everyone reading this as long as you can't back up your DD. That's ok with me.

[This message has been edited by Brad (edited July 22, 2004).]
 


Posted by pharmdman on :
 
quote:
Originally posted by JBCak47:
...Where is Pharm today???

I bet 1 CMKX share he's in the hot tub... Eating Cheeze Whiz on Ritz crackers.
...


LOL... Uh-oh! You're now minus 1 CMKX share!

I was at the beach I'm all red (and I don't mean sunburn!... I mean my damn portfolio!)
 


Posted by Money_Penny on :
 
Free PR alerts by email. I have been looking for this for a long time!
http://www.smallcapcenter.com/newsalerts.asp
 
Posted by HarryHar on :
 
Brad wrote:

I provide you with a page number and quoted items out of your document to prove you're comment is wrong and you respond by saying "do some research". You're losing your credibility with everyone reading this as long as you can't back up your DD. That's ok with me.

------------------------
true.
 


Posted by TradingWizard on :
 
quote:
Originally posted by Money_Penny:
Free PR alerts by email. I have been looking for this for a long time!
http://www.smallcapcenter.com/newsalerts.asp

I been using them, fast fast delivery....


 


Posted by Brad on :
 
quote:
Originally posted by Money_Penny:
Free PR alerts by email. I have been looking for this for a long time!
http://www.smallcapcenter.com/newsalerts.asp


I wish I could figure out how to make it send to my cell phone. I tried but in order to activiate the service you have to click on a link in a test email they send out. When I get the message on my phone there's no link.

 


Posted by TradingWizard on :
 
I wish I could figure out how to input Cnd stock symbols - I do what they say, but still does not work...if anybody figure that out, I would love to know. Thnx in advance.
 
Posted by KellieAnn on :
 
I am all very new at all of this and i have a few stupid questions:
what does o/s stand for
what does mm stand for

------------------
KellieAnn
 


Posted by will on :
 
penny,

I don't know what happened with that emial. My email account is messed up now. I scanned my computer with Norton, no virus found, if that makes you feel any better.

 


Posted by Brad on :
 
quote:
Originally posted by KellieAnn:
I am all very new at all of this and i have a few stupid questions:
what does o/s stand for
what does mm stand for



O/S = Outstanding Shares
MM = Market Makers


 


Posted by TradingWizard on :
 
http://www.allstocks.com/edu/html/internet_lingo.html
 
Posted by VNGNTN1 on :
 
KELLY
On the main page: on the left you can click on what all these things mean.
VAN

[This message has been edited by VNGNTN1 (edited July 22, 2004).]
 


Posted by JBCak47 on :
 
KelliAnn

O/S is Out standing Shares. When a company issues shares they authorize shares. Let's say 1 million as the A/S. Out of that they issue 50% or 500k shares That would be the O/S. Insiders retain 70% of those 500k shares or 350k, while the 'float' is 150k shares...

MM is Market Maker/Mover They are fund campanies, mutual,hedge, ect that create a market for the shares and fill the requested market orders. They are there to make money. NITE and JEFF as well as SWCB are some MM's that operate on penny stocks.

-John-
 


Posted by Brad on :
 
This from another board. Striking similarities to the CMKX situation.

"The Cannibals" Part I
by: tthhctws 07/21/04 08:10 pm
Msg: 250533 of 250545

There’s a new game in town and it’s just getting started. The group playing this game is called “The Cannibals.” They are a group of very opportunistic hedge funds who have decided to take advantage of a new market phenomenon - that of excessive “naked shorting.” In the past 4 or 5 years there has been an alarming increase in naked shorting, most of it illegal. It started in earnest when some of the Internet momentum players of the 90’s realized that the game was over, the bubble was bursting and they better start making money on the short side of the market running hedge funds. They soon realized that with their new power they could actually deny smaller companies access to the capital markets by shorting them into oblivion, especially those with losses ”burn rates“).They have probably destroyed hundreds of companies, some say thousands. In some cases they have collectively shorted several times the entire number of a company’s outstanding shares. As crazy as this sounds, it happens. But one person’s abuse can be another person’s opportunity, and now, along come “The Cannibals.” Their game is to identify companies which have been victimized by these shorts to the extent that their stock is now well below any objective level of intrinsic value and where certain minimal investment standards have been met. The company must have decent technology or products, adequate management, meet certain aspects of viability and have a large enough short position to provide substantial economic gain.

Information recently obtained from inside sources say that this is how the game is played. First the funds will very quietly accumulate a large number of shares at the already low price. Since the shorts would still be shorting they would look at the buy orders as “free money.” The key will be for the funds to make their initial purchases with considerable stealth until a significant position has been established. It is altogether possible that they will acquire as many or more shares as the company has outstanding, since at first, the shorts will be very accommodative. Then, once the core position has been established they will likely approach the company and consult with them about possible strategies such as delisting from the Berlin Berman Stock Exchange (which has been a hotbed of illegal shorting), declaring a stock dividend, maybe initiate a corporate maneuver requiring the issuance of new shares and probably working with outside consultants to do an in-depth “shareholder audit” to determine the extent and source of the shorting. Then comes “crunch time”! The Cannibals come out of the closet and start buying with gusto. Buy orders will be coming from every direction, on shore, off shore, hedge funds, well-heeled individual investors, chart readers, momentum players, etc. The Internet can be a useful tool in spreading the message. Once the market knows the shorts are on the run the pressure can get relentless. Unlike a soaring stock where most buyers have a choice of chasing or not, shorts have no choice but to cover at any cost as margin calls dictate the timing.

The hedge fund community is one of the most opportunistic in the world. Results over the past year or so have been sub-par which means their 20% fees aren’t being triggered. Here comes a chance for a handful of hedge funds to take advantage of a once-in-a-lifetime opportunity to strike it rich over the next year or so. The Cannibals are greed-driven and they plan to take full advantage of this unprecedented moment in market history, even if it comes at the expense of their fellow hedge funds (hence the name “Cannibals”). Some have already started to accumulate shares, but the fruits of their labors probably won’t start to show up until later this summer of early fall. Don’t be surprised to see this catch on in a big way. Once others see how the game is played there will be lots of copycats. Some of the cannibals are already planning for web sites, market letters, trading rooms, etc. It’s even possible that one or two mutual funds of “distressed stocks” will surface before this is over.

What comes around, goes around,. Now the Cannibals are coming to town to eat their young and to create a new batch of billionaires.

[This message has been edited by Brad (edited July 22, 2004).]
 


Posted by Highwaychild on :
 
quote:
Originally posted by KellieAnn:

what does mm stand for



mm=market manipulaters more like it.Ha Ha Ha
In some cases.There not all bad.


 


Posted by Wallace#1 on :
 
Brad,

Give tradingpennys a break. You should know she is just trying to dig up DD...whichever way it goes. Remember, she owns CMKX just as you do. I would be surprised if she isn't correct...based upon what I have seen her post in the past.

Wish I could pull up those sites she identified. Cannot for some odd reason...my Adobe Acrobat just won't do it and I cannot figure out why (have 5.0 on a pentium 4 and using 98SE because I like it).

tradingpennys,

Where did you see richness is back. Hope you are right!

[This message has been edited by Wallace#1 (edited July 22, 2004).]
 


Posted by WinsumLosesum on :
 
Wallace

I have a Mac, and I can download the file directly by option-clicking the link. I guess in PC land, the equivalent is alt-click (?) Once you have the file on your own hard drive, then your Acrobat should be able to open it. It's 1.4 MB.

 


Posted by Brad on :
 
quote:
Originally posted by Wallace#1:
Brad,

Give tradingpennys a break. You should know she is just trying to dig up DD...whichever way it goes. Remember, she owns CMKX just as you do. I would be surprised if she isn't correct...based upon what I have seen her post in the past.

Wish I could pull up those sites she identified. Cannot for some odd reason...my Adobe Acrobat just won't do it and I cannot figure out why (have 5.0 on a pentium 4 and using 98SE because I like it).

tradingpennys,

Where did you see richness is back. Hope you are right!

[This message has been edited by Wallace#1 (edited July 22, 2004).]



Sorry Wallace,

I sincerely try and give everyone a fair shake here regardless of their beliefs on CMKX but even you can't defend her on this one without seeing what we're debating. It's black and white. Bottom line, she can't defend her argument and hasn't attempted to do so with any facts. No breaks unless it's facts or opinions stated as such.

 


Posted by Wallace#1 on :
 
Winsomelosesum,

Thanks much. Problem is I am less than a novice with computers. I depend upon my neighbor who is knowledgeable, but he couldn't download pdfs for me either. I had tried to update to 6.0, didn't work, had 5.0 which I deleted out, and still didn't work and put 5.0 back in...and still no luck.

Brad,

Man! You are tough!!! No offense. LOL
 


Posted by Upside on :
 
Wallace,
Are you sure it's not downloading it? I have a DSL connection and it still took close to a minute before it actually downloaded the whole thing. If your on dial up it might look like it's doing nothing for a few minutes before it actually shows up.
 
Posted by Wallace#1 on :
 
Up,

Yes, I am sure. You just don't know how dumb I am when it comes to computers. I can fix clocks, repair many things on a car and do almost anything related to construction, but I seem to have a mental block with computers, incl. pdfs. I am guessing I messed it up somehow since my neighbor who is knowledgeble cannot download them for me either. Maybe I can get him to come by tonight and try again.

Since I cannot read it, what is your read on it and could you give me a synopsis?

[This message has been edited by Wallace#1 (edited July 22, 2004).]
 


Posted by Highwaychild on :
 
There seems to be a link to zinc and the U. S. Army.
Go to Yahoo and search "zinc U. S. Army".
Lots of interesting reading.
 
Posted by Upside on :
 
originally posted by Wallace#1:
quote:
Since I cannot read it, what is your read on it and could you give me a synopsis?

It's a document put out by the government of Saskatchewan listing all of the major projects going on in the province be they mining, agriculture, tourism, etc. Under the mining heading there is only one listing for diamond exploration, it is in the FALC area and it says it's being done by multiple companies with a value of 21 million. In a nutshell, I'd guess I'd say it's no news at all.



 


Posted by WinsumLosesum on :
 
Here ya go, Wallace.
http://members.aol.com/cmkxpoint0001/mining.gif

It's just the page in question.
 


Posted by Wallace#1 on :
 
Up - thanks!

Winsumlosesum - thanks, too. All I see there, under the main heading of "Company Name" is "Multiple Companies" and "Diamond Exploration" to the right.
---------------------------------------
Please don't spend any more time on it. When next I see my neighbor, I will get him to work on it.
 


Posted by Highwaychild on :
 
Anybody read it yet?HA HA HA
It sure does go on doesen't it?


 


Posted by WinsumLosesum on :
 
I screwed up. The image is huge! This one's better.
http://members.aol.com/cmkxpoint0001/mining2.gif
 
Posted by Brad on :
 
quote:
Originally posted by WinsumLosesum:
Here ya go, Wallace.
http://members.aol.com/cmkxpoint0001/mining.gif

It's just the page in question.


And just remember, this whole debate started when tradingpennys insisted this document "sure does nail it that CMKM isn't doing anything". Followed by my response "It doesn't prove that at all. On the contrary, if you look at page 21, top line, it indicates that "Diamond Exploration" by "Multiple Companies" in "Forte a la Corne" are in "Phase 1".

Everyone can see the discussion that transpired. The issue for me isn't what's in the document. The issue is that tradingpennys is letting her true colors show by continuing to defend something like this.

[This message has been edited by Brad (edited July 22, 2004).]
 


Posted by Highwaychild on :
 
http://members.aol.com/cmkxpoint0001/mining2.gif

It doesen't say proposed.
So 21 mil="We don't know yet" to me.

[This message has been edited by highwaychild (edited July 22, 2004).]
92 Yankee E4

[This message has been edited by highwaychild (edited July 22, 2004).]
 


Posted by Wallace#1 on :
 
Brad, if what I saw posted by winsumlosesum is the whole thing, I don't see anything there either. Maybe she saw something there or elsewhere we have not seen.

Let's stop with the "true colors" comments though. OK? She is an asset to the thread.
 


Posted by Str8Shooter on :
 

If the MM's are so shorted, why play the game this way? I can't imagine that anyone who has held on this long is going to be selling at these prices(.0005-.0004). Especially in the face of a dividend payout in less than a month. All anyone seems to be talking about is how many more shares they continue to buy. The MM's are working with a very Very short time period to be playing these games, When supposedly they are short a couple HUNDRED BILLION Shares!!!

These are shares that the MM's should be buying right? How is it that people are getting filled at .0004 now? Shouldn't the MM's be sucking up every last share at this price? Then walk it up a tick and continue buying? And if they are so shorted, where are the shares coming from that people are buying now??? Something is weird!!! IMO, either the problem is not as bad as everyone seems to think, or there never was a problem to begin with.

My opinion is that the pps should be at a point where buying will stop (maybe .0008-.0009). And then the MM's could slowly walk it down from that point. That would create the most selling potential IMO. As most people start to watch a 900% gain turn into 800%, and then an 800% gain turn into 700% and so on...I believe that would create a large sell off, and a huge buying opportunity for the MM's. But what do I know? I'm still fairly new. IMO the shorted problem was probabily in the hundreds of millions, Not Billions! And the jump to .0006 - .0005 may already have created enought of a profit taking sell off that the shorted problem is all but fixed.

No matter what though, I will continue to hold until the very end! I am one of the people who has added to my stash of CMKX in the last couple of days. I just wanted to voice my thoughts and concerns, and see what everyone else is thinking at this point.

Thanks to All, and GOOD LUCK!!!
 


Posted by HarryHar on :
 
Str8

I can see how that it is possible that the problem is not as bad anymore as people think. But there's too many strange things happening with the trades, the blocks, and the +'s and -'s. I am hoping that the problem is big and that they are just sitting on it to instill fear into the shareholders that the stock really will not move even on news such as dividends. It is more possible that this is happening. I also believe that it is possible for them to be shorting still, and then manipulating the price in the weeks to come, to make more money and then purchase and "retire" the naked shorted shares. They still have some time to work some tricks. I'm long 17M.
 


Posted by Brad on :
 
From Dr. D

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

"Urban's Ark"
« Thread started on: Today at 04:53am »

--------------------------------------------------------------------------------
“Urban’s Ark”

So many have been asking me how is everyone going to get through this thing alive and many keep coming back with the same question over and over again. I think we need to look at the practical solutions that are at hand. Seeing we have dividends in other companies being added to our portfolios and percentages and finances going out of CMKX to other companies then we can clearly see that valuation is taking place for CMKX. Valuation is great but it still doesn’t get everyone from point A to point B.

Point A = possibly being in a Naked Short Position wondering if they are going to be covered by the brokerage firm or the MM on their CMKX shares and share dividends
Point B = being on the other side of the Naked Short Position with share dividends in tact and CMKX value still in tact with the MM’s in our dust

We have to get outside the box a little here and realize that Urban doesn't want to bust the MM's he wants to make the investors rich and secure the company. This may rub a few people the wrong way, but I realize I sometimes have that ability. But I’ve been this way for so many years I guess this dog isn’t interested in rolling over for anyone.

Once we get out of the emotional realm where we so often tend to dwell, we can begin seeing a pattern and the potential solution to our problem. We need to first realize that an all out war with the MM’s and/or brokerage firms with the SEC refereeing isn’t a good scenario for anyone. We need to 1st except the fact that I don't see Urban ever backing the MM's into a corner he doesn't want them to get out of. He wants the money for the investors not their heads on a platter.

As much as many would love to take some of the MM’s outback and turn them over to the CMKX wolves it would not put any coin in our pockets. So the obvious question is how do we do this? I believe the answer is to be found in D. Roger Glenn. We all should love Urban and understand how much he cares for the shareholders and just how brilliant a man he is, but he is brilliant enough to also know when he is in over his head. Mining, Business deals with other mining companies, mineral claims, mineral rights, drilling, diamonds, etc… are all areas that Urban has proven himself to be proficient in. We all know the MM’s, securities, the SEC, the DTCC, etc… is an area that Urban can handle himself in, but he is wise enough to now he couldn’t take on the Big Boys by himself.

Enter, D. Roger Glenn who knows all of the above areas Urban was weak in like the back of his hand, as a matter of fact he wrote the book on it. There isn’t anyone out there better than D. Roger Glenn at knowing how to push buttons most effectively and when to push them. He knows more legal angles in these areas that would bury most of us in a matter of minutes. I don’t have to give you the credentials on him because that is part of what most of us has been holding on too for the last 4 to 6 weeks while we were waiting for some solid info.

Link to D. Roger Glenn’s info http://www.ealaw.com/index.php?link=page=attorneys|AttorneyID=39

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.

I believe with Urban and D. Roger Glenn together we will be able to push the MM’s (and their associates) to the “OH MY GOD” point with continual dividends, options to other companies, securities changes, mining explorations, lab results, etc… and then when the MM’s don’t think they can take anymore their pain will cry one final Holy $%#@!

It will be short and sweet to us and sour to them and every one that was faithful enough to stay the course with the Commander in Chief and His General will find that in a moment of time they have been guaranteed deliverance from Point A to Point B with an obvious solution.

Point A = possibly being in a Naked Short Position wondering if they are going to be covered by the brokerage firm or the MM on their CMKX shares and share dividends
Point B = being on the other side of the Naked Short Position with share dividends in tact and CMKX value still in tact with the MM’s in our dust.

The only probable solution in my mind would be that we will let them pay their way out with a set sum. We gain nothing by smashing on them until they bankrupt and then we try to get insurance companies involved, the SEC, the DTCC, and God only knows how many attorneys and frankly I believe we can all agree we don’t need these bozo’s trampling around on our dollars. The more they stomp the more we lose.

What can we do or how do we do this? Initially we need to establish a reasonable value of the company beyond its inherent intrinsic value, as is being done now, by our current operations in two separate areas.

We have basically two operations going on right now:
1. In Las Vegas, Nevada trying to create the value for the company the MM’s and brokerage firms have robbed us of (such as dividends, stock purchases, audits, options, and mineral rights and claims); also trying to protect the company from any possible attempts to be taken over; settling securities issues (with the naked short sell position CMKX has in the market place); move the company in to a reporting status to hopefully move up to a real exchange/market; and many other such like things

2. We have Saskatoon, Saskatchewan, Canada and Fort a la Corne where we have an aerial survey of all of the Fort a la Corne area, that is being gone over with a fine toothed comb to identify potential targets for drilling and core sampling; also working to secure permits for drilling on claims we already own; attempting to get too some of the targets we have already located; getting our drill rigs in place; protecting our claims; and many other such like things.

The one can very much affect the other and the outcome can be two seemingly different operations that may actually be pointing the way too our deliverance. In Las Vegas we are mounting an attack and a defense against a seemingly ruthless gang of MM’s that for some reason or another will not back off and cover their naked short position against CMKX. Why the resistance? Have they really that much to gain or lose by an open resistance and flooding of the market place against CMKX? Who really stands to gain from the CMKX demise? Urban and company? No way. The investors? No way! Our JV partners? No way. The MM’s? Maybe and seemingly they would. The DeBeers Cartel? No one would gain more than they would if CMKX fumbled the ball.

So, Urban and D. Roger Glenn are spreading out the wealth and percentages of CMKX that would cause the DeBeers Cartel or any others that think if they can TAKE CMKX out and seize on the claims now have another think coming. We have UCAD with a legal 5% of all claims of CMKX, we have our JV Partners that have 25% a piece of Smeaton Property where Carolyn Pipe is at, and God only knows what else we have out there. The message I believe is being sent to DeBeers Cartel or any others interested in seeing CMKX go down that the wealth is being spread around and you cannot get what we have by taking us down.

On the other hand, DeBeers or foes may be more afraid of the CMKX Casavant Diamond hitting the market over the years to come more than they are interested in actually seizing hold of the claims. Remember we had 52 times the mineral claims in Saskatchewan than DeBeers did when this scenario started developing a little over a year ago. Yes 52 times. Probably more like 51.7 times, but you get the idea. Our potential is therefore exponentially greater than DeBeers of becoming a continuing force in the diamond industry in the years to come seeing that these lands are the most diamondiferous and the largest in the world.

All of this going on while at the same time making a way for all investors to get through. So how do we move everyone from Point A to Point B? I see it best to come in two stages.

1st stage = Too me the logical answer in the first stage would have to be a comfortable cash dividend to the investors in the below dollar range (.10 - .20) depending on how low that Urban and D. Roger Glenn have been able to get the O/S over the last few months. We would then have to decide where the money would come from for the true O/S while at the same time the MM’s would have to cover the rest of the Naked Short Position. With the O/S definitely not “ZERO” the “float” could definitely be “ZERO”. This would mean that the entire float we are watching every day in the market place could be Naked Short Sells.

The dividend is nice and we cost the MM’s some for their slothfulness in covering, but we still are not from Point A to Point B?

Point A = possibly being in a Naked Short Position wondering if they are going to be covered by the brokerage firm or the MM on their CMKX shares and share dividends
Point B = being on the other side of the Naked Short Position with share dividends in tact and CMKX value still in tact with the MM’s in our dust.

2nd Stage. Seeing that we have all now made a considerable sum from the cash dividend and our share dividends are in tact we need a clean break from the MM’s. If we hit them too hard at the beginning some of them want be around for the second round. Now, we know that while the retiring of shares was going on early on in 2004, we were being naked short sold, and I believe that while that was going on Urban was buying up many of the naked short sells as Sterling has pointed out in many of his scenarios. Now if we can imagine that Urban had a significant amount of these Naked Short Shares then he would have made a bundle off of them from the MM’s during the modest cash dividend previously issued. One can only imagine if Sterlings calculations were correct and Urban has 87.5% of the NSS position then a little math here can go a long way. If we have a modest NSS position of 400 billion and Urban has 87.5% of that then he would have in the neighborhood of 350 billion NSS.

350 billion NSS X .10 of cash dividend from stage 1 would = $35 billion

or if we have a .20 as a 1st stage dividend

350 Billion NSS x .20 of cash dividend from stage 1 would = $70 billion

All of this is important because the MM’s are still hanging on and probably mad, hurt, and licking their wounds, but now Urban is in a position to make a tender offer from within the company of XXXXX amount per/share to get everyone on the ARK at the same time. Now we would move into a part of the 2nd stage that will run closely along with other opinions that Sterling and Zen have shared.

Now with a tender offer in place the MM’s have no recourse, the SEC or no one else can tell Urban what he is allowed to pay as a tender offer for our shares. We have already made .10 to .20 per/share off the 1st stage plus the share dividends that have came along in the process of time so the offer can be modest depending on the true O/S because what ever Urban offers will only have to be paid to the true O/S and all of the NSS position will once again have to be matched by the MM’s. this means Urban gets paid again, we all get paid again and the MM’s will have the end of their NSS position in CMKX.

Now if we can thoroughly borrow a piece of Sterling’s scenario and follow up the tender offer with an equal or sizeable share dividend based upon our CMKX holdings at the time of the tender offer, in say CIM, then we can step up into the AMEX or NYSE as an IPO with an honorable offering price significantly in tact as we would be debt free, with assets out the yang.

Why this solution? Because with a share dividend attached to the tender offer we all are carried on Urban’s Ark from Point A to Point B into a land that the MM’s can’t touch us. No questions asked. No bartering. No fear. No one is smashed to pieces, maybe some MM’s get broken a little bit, but they’ll recover and survive and all CMKXers get through victoriously without any NSS position having to be rounded up in the market place share by share by the MM’s. We are rich, Urban is ridiculously wealthy, and all involved are as well. No worrying about whether the MM’s cover or not, no court room, no SEC, no DTCC, etc... We put the coin in our pocket and the MM's have to go away.

This is a nut shell version and as I said it is outside the box, but the only viable solution to get everyone out of this thing in tact in my opinion is “Urban’s Ark”.

Just my opinion and I ask that you treat it as such.

Dr.D


 


Posted by Brad on :
 
Christian Traders Invited to Appear on "World Business Review". They mention seeking an interview with Urban.
http://www.prweb.com/releases/2004/7/prweb143462.htm
 
Posted by VNGNTN1 on :
 
ALL
I think you are missing the point with the report! I the case of FALC mining zinc is a by-product to get what your after. The Canadian Government has tested & certified a high content of zinc in the 300 ft overburden.
This has a a value of approximately$1000tn and the US galvanizies everything (in the public domain).
VAN
 
Posted by cool1sh on :
 
Cool.. I hope it happens ..

quote:
Originally posted by Brad:
Christian Traders Invited to Appear on "World Business Review". They mention seeking an interview with Urban.
http://www.prweb.com/releases/2004/7/prweb143462.htm


 


Posted by Upside on :
 
Now we get to throw an Ark into the mix along with the toasters, naked shorts, double naked shorts, funny cars, dividends in non-existent companies, etc. Some of these theories are getting to be truly ridiculous! Anyone ever hear of Occam's Razor principle of logic?
 
Posted by pharmdman on :
 
quote:
Originally posted by Wallacemyfriend:
...
Just for letting you know my username story..
Richnessforeveryon---->banned
Richnessforeveryon1--->banned
Richnessforeveryon2--->banned
Wallcebillmyfriends--->banned
...

Can't you take a hint?!
 


Posted by WWJD-thru-me on :
 
Hi Everyone!
Brad-Thanks for posting the Cannibals article. That was great and if you see any follow up on that as far as targets or funds set up maybe you can post it here and then start a thread on cannibal targets. I would like to buy some of their targets. I would imagine the returns will be huge; plus very satisfying in that they are coming from people who have profited by ruining companies and investors.
I also liked the Dr. D post. I think a lot of posters on this board are stuck in the 'this is a scam' or 'I don't trust this' category and if they feel that way I can't for the life of me figure out why they hang here so much. I think the way the price has been 'frozen' indicates something is up. There are only a few choices. Naked Shorting-which I am convinced has and is occuring and also possibly retiring shares and or selling some shares. I think a combination of all three is occurring but not at the same time.
I am looking forward to getting home and having better computer access. I did buy some shares this week and will get some more today. Still long and strong and looking forward to seeing what the post CIM dividend price will be. GLTA-DD-IMO-Debi
 
Posted by cool1sh on :
 
I am glad all those accounts are banned..

quote:
Originally posted by pharmdman:
Can't you take a hint?!


 


Posted by cool1sh on :
 
Glad toknow that you are still long strong.
So much negativity these days..

Go CMKX!!

quote:
Originally posted by WWJD-thru-me:
Hi Everyone!
Still long and strong and looking forward to seeing what the post CIM dividend price will be. GLTA-DD-IMO-Debi


 


Posted by Money_Penny on :
 
quote:
Originally posted by Brad:

I wish I could figure out how to make it send to my cell phone. I tried but in order to activiate the service you have to click on a link in a test email they send out. When I get the message on my phone there's no link.

Brad & others, it took me a while to figure it out but here's one solution:

1. Open a free "lifetime e-mail account". I used fanmail.com (but there are others). Register your free lifetime e-mail address (remember, this is the one you want to use ONLY for CMKX news so don't give this address to anybody). I chose CMKXNEWS@Army.com (they didn't have my team, oh well who cares). During registration, they will ask you which e-mail address you want all email coming in to CMKXNEWS@Army.com forwarded to. Put in the e-mail address where you currently are. Remember your password, you’ll need it later!
2. Go to http://www.smallcapcenter.com/newsalerts.asp. The e-mail address you put in is your free lifetime e-mail (for me CMKXNEWS@Army.com)
3. A confirmation e-mail will be sent from Smallcapcenter over your lifetime e-mail service to the address where you currently are. Open the e-mail from Smallcapcenter and click on the link provided in the e-mail to complete the registration process.
4. Go back to your lifetime e-mail service (Fanmail. com for me), log in (now you use the password) and change the “forward to” e-mail address to your cell phone e-mail (for me that’s something like 1234567890@vmobl.com). Done.

Possible problems. There is about a 5-minute delay caused by Fanmail.com. I have not tried other lifetime e-mail services, but I’m sure there may be a faster one. If anybody finds one, please let us know! Also, I don’t know yet if any spam will be sent by my free lifetime e-mail server to my address, which, of course, would show up as SMS messages on my cellphone. So far so good.
 


Posted by Brad on :
 
quote:
Originally posted by Money_Penny:
Brad & others, it took me a while to figure it out but here's one solution:

1. Open a free "lifetime e-mail account". I used fanmail.com (but there are others). Register your free lifetime e-mail address (remember, this is the one you want to use ONLY for CMKX news so don't give this address to anybody). I chose CMKXNEWS@Army.com (they didn't have my team, oh well who cares). During registration, they will ask you which e-mail address you want all email coming in to CMKXNEWS@Army.com forwarded to. Put in the e-mail address where you currently are. Remember your password, you’ll need it later!
2. Go to http://www.smallcapcenter.com/newsalerts.asp. The e-mail address you put in is your free lifetime e-mail (for me CMKXNEWS@Army.com)
3. A confirmation e-mail will be sent from Smallcapcenter over your lifetime e-mail service to the address where you currently are. Open the e-mail from Smallcapcenter and click on the link provided in the e-mail to complete the registration process.
4. Go back to your lifetime e-mail service (Fanmail. com for me), log in (now you use the password) and change the “forward to” e-mail address to your cell phone e-mail (for me that’s something like 1234567890@vmobl.com). Done.

Possible problems. There is about a 5-minute delay caused by Fanmail.com. I have not tried other lifetime e-mail services, but I’m sure there may be a faster one. If anybody finds one, please let us know! Also, I don’t know yet if any spam will be sent by my free lifetime e-mail server to my address, which, of course, would show up as SMS messages on my cellphone. So far so good.



Thanks Money,
You and I are on the same page. I thought about doing something like that with one of email accounts (there are several) but as you pointed out there is a delay in delivery. That delay is just enough to tick me off. I may do it anyway though. Thanks for the post though.

 


Posted by WinsumLosesum on :
 
Did anyone here get any @ .0003 yet?
 
Posted by Money_Penny on :
 
quote:
Originally posted by WinsumLosesum:
Did anyone here get any @ .0003 yet?


LOL, I'm still trying to get filled at .0004!

 


Posted by pharmdman on :
 
quote:
Originally posted by WinsumLosesum:
Did anyone here get any @ .0003 yet?

I have a GTC Sell order in for some of my shares at $1... do you think I should lower it? LMAO!
 


Posted by Money_Penny on :
 
quote:
Originally posted by WinsumLosesum:
Did anyone here get any @ .0003 yet?

I'll tkae the laugh back, a .0003 just went through. I'm changing my order to .0003.

 


Posted by WinsumLosesum on :
 
quote:
Originally posted by Money_Penny:
I'll tkae the laugh back, a .0003 just went through. I'm changing my order to .0003.

Yeah, I was wondering why you lol'd at that. I saw quite a few .0003's go by. It's probably that Debi again. Always out for a bargain.
 


Posted by JBCak47 on :
 
Guys,


Hahahhah I am a loser, I bought at .0005 yesterday and now I hear all these .0003's!?!?!?1 LOL, well you have me to thank, had I not bought yesterday it would be at .0006, I buy, in drops!

I don't care, I will have money in my account by next week again! I am hoping to pick up like 200-400k more next week depending upon how much I send/pps... However next Friday I get paid again so in like 9 days or so I can buy another large chunk of shares! All these shares go to the Long pile... and I have a feeling the pps will stay low until right before Aug 20th... we have like 28 regular days, maybe 20 trading days left... I really think I can get another 1 million shares. Or I will die trying! Holding 3 million shares!

-John-
 


Posted by pharmdman on :
 
quote:
Originally posted by JBCak47:
Guys,


Hahahhah I am a loser, I bought at .0005 yesterday and now I hear all these .0003's!?!?!?1 LOL, well you have me to thank, had I not bought yesterday it would be at .0006, I buy, in drops!

I don't care, I will have money in my account by next week again! I am hoping to pick up like 200-400k more next week depending upon how much I send/pps... However next Friday I get paid again so in like 9 days or so I can buy another large chunk of shares! All these shares go to the Long pile... and I have a feeling the pps will stay low until right before Aug 20th... we have like 28 regular days, maybe 20 trading days left... I really think I can get another 1 million shares. Or I will die trying! Holding 3 million shares!

-John-


JB, if you own IQD already, then you'll be happy... the rate is up!
 


Posted by JBCak47 on :
 
Not yet those Dinars are almost in my grasp!

What is the rate, by chance? Last time I looked it was like 1 dollar= 1450-1500 dinars...

That will be our next purchase Pharm, when cmkx hits I am expecting you buy into this, even if it is only 500k dinars...

Big Party in Bagdhad !!!

Bombs over Baghdad!

However I still stand firm on the IQD at the current level of like .0007 it is by far the 'cheapest' currency...

My sister holds 500k dinars as well as her boy friend... My best bud owns 100k and he is happy he has something I don't lol... He bought his off Ebay.

Sooner or later one of our stocks will hit Guys and we can throw these big parties... Screw it we can rent a hall or something...

EVERYONE IS ALLOWED TO CRASH AT PHARMS CASA!!! He's got a hot tub, and is minutes away from Disney! I vote we have the party at his place,heheheh...

Wallace is even invited! You see I am a nice guy,lol...
=============================================

I still stick to my notion, that CMKX will trade at this level for at least another week or so...

Lol As I write this I see it at .0004!!!! errrrrrrrrrrrrrrrrrrrrrrr lol....... I bought yesterday at .0005!!!!!!!!!!!!!!Precious shares! Gone! What a world , what a world....

-John-

[This message has been edited by JBCak47 (edited July 23, 2004).]
 


Posted by pharmdman on :
 
If this sucker hits, I'll have that party! Although, I'm only minutes from Disney if you have a rocket! LOL... It's more like a heavy hour...

I'll be in the IQD's soon, hopefully. $1=1450IQD this morning.

Of course, everyone's invited! If this sucker hits, we can ALL talk about how wrong we were on various aspects.
 


Posted by JBCak47 on :
 
Lol, I am always wrong,hehe, just like buying yesterday...

=============================================

Pharm if this hits, "forget about it" (in a brooklynites voice).

CMKX hits a dime, Fahh get about it!

QBID hits a dollar, Fahh get about it!

IQD hits three cents, Fahh get about it!

I haven't been to Disney in almost three years...

Thanks for the dinar updates!
I love you guys, I love this board!

Pharm, TeenTrader (the smartest by far out of all us sorry saps! My man will be a millionaire by the time he is 22... )

My smoking Piegon... As of today, there is no more feeding ban on Pigeons.

Booty Qwest where are you today??? lol or do I want to know?!?1 WHOA!

WWJD- Welcome back. You went away right? You didn't miss much here. Shamrocks and Shananigans thats all...lol...

Any more purchases of CMKX WWJD? The mother load of all cmkx purchasers,heheh...

Well its almost time for that afternoon smoke I shall take hits for you all,lol... I am serious though when this hits we should throw some bash, somewhere, vegas would be cool but we maybe there already for Qbid... I have never been to Canada before... what is there to do in the middle of the woods,lol? Nah, too much trouble brewing on that last statement!!!

I see it unfodling:

"Hey look our competitors Mine shaft... Hey look, 4000 cubic feet of Concrete mix! Hey look a hose "
*************************************8
CNN HEAD LINE NEWS

A group of shareholders were arrested for filling in a mineshaft with concrete they thought belonged to a competeitor company when it was in reality THEIR OWN company... for more on this story we go to Shes-Too Young, our correspondante...

-John-
 


Posted by followmypicks03 on :
 
Guys here is a real mining company that doesn't have a MM (JEFF) dumping billions on you daily:

Check out DMXP homepage: http://www.deltamine.com/index.htm .0091 x .0092 now!
 


Posted by tradingpennys on :
 


UPDATE: CMKM DIAMONDS, INC. (Pink Sheets: CMKX) - SHARING SHARES
July 23, 2004
There seems to be no shortage of entities bearing the Casavant name, and no end to their intramural transactions. CMKM Diamonds, Inc. (Pink Sheets: CMKX), was known as Casavant Mining Kimberlite International, Inc. until March 2004. Casavant Mining Kimberlite International, Inc. had operated as a private entity until its shareholders secured control of a public company by virtue of a reverse-merger with Cybermark International Corporation in January 2003.


The President and CEO of CMKM is Urban Casavant.


On July 19, 2004, CMKM announced that it had agreed to invest $1 million in a company called Casavant International Mining (CIM) – that Casavant name again. CMKM stated that, in return for its investment, it would receive “a 10% lifetime royalty on all mineral claims of CIM, specifically including the George Lake Zinc Deposit.” According to the press release, in addition to the royalty, CMKM will receive 40 billion shares of CIM stock, which will be distributed to CMKM shareholders.


The July 19th press release leaves several critical questions unanswered. Does CMKM actually have $1 million in cash, and if not, how does it plan to raise the funds? As we noted in our initial article on CMKM, the Company no longer files regular reports with the Securities and Exchange Commission, so its financial condition is a mystery. See CMKM Diamonds, Inc. - A Familiar Drill.


Equally mysterious is the number of outstanding CMKM shares. The Company is authorized to issue 500 billion shares but, here again, the absence of public filings leaves investors guessing how many shares have actually been issued. Update: CMKM Diamonds, Inc. - Less and More. In any event, billions of CMKM shares have been traded virtually every day since at least March 2004.


The number of outstanding shares is significant since it will dictate how many of those 40 billion CIM shares each CMKM stockholder will receive. On the other hand, it may ultimately make little difference; CMI is a private company and consequently there is no liquid market for those shares – and no assurance that CIM, like CMKM, will not simply issue more shares and dilute its shareholders.


Investors may also be curious about the relationship between CMKM and CIM. The July 19th press release certainly implies that CMKM and CIM are separate entities – that CMKM does not already own CIM. After all, CMKM would not have to acquire a 10% interest in CIM royalties if it already controlled those rights.


So what relationship does exist between CMKM and CIM? According to the press release, the President of CIM is Ron Casavant and the Treasurer/Secretary is Dave Desormeau. While Mr. Desormeau does not share the Casavant name, both he and Ron Casavant have had prior relationships with CMKM. A Schedule 14c Information Statement filed with the SEC at the time of the reverse-merger (before the Company ceased to file reports) disclosed that Ron Casavant owned 30 million shares of CMKI common stock (the Casavant family, including Urban Casavant, owned a total of 770 million shares at that time – which was before the Company expanded its treasury to 500 billion shares); and that Dave Desormeau had been elected as a director of CMKM.


Again, absent more recent public filings, there is no public information indicating whether Mr. Desormeau remains a director of CMKM, or how many shares of CMKM are now owned by Ron Casavant and all of the other Casavants (23 of them were listed as CMKM shareholders in that Form 14c).


On the other hand, we were able to learn some information about Casavant International Mining from Nevada’s corporate records. Those files reveal that Casavant International Mining Corporation was formed in January 2003, and that its President is Urban Casavant. Those records also indicate that the corporate secretary is Carolyn Casavant and the treasurer is Emmerson Koch.


So which Casavant really does run Casavant International Mining – and does it really matter?


And then there is this – a disquieting sense of déjà vu for those who have been following events at CMKM.


On December 8, 2003, CMKM announced


the spin-out of corporate zinc deposits at George Lake, Saskatchewan, its wholly owned subsidiary Casavant Mining International, Inc. (CMI). CMKM shareholders received a dividend of one share of CMI stock on October 3, 2003.


While the language is somewhat confusing, it suggests that (i) CMI was a wholly owned subsidiary of CMKM; and (ii) CMKM shareholders will receive CMI stock.


The December 8, 2003 press release also stated that CMI was a private company that would become public within two weeks. Apparently, CMKM intended to merge CMI with another Pink Sheet company, Mirador Corporation. That transaction, however, was later aborted.


We have found no indication that CMI ever became a public company.


Sounds confusing – Casavant Mining International and Casavant International Mining – both mining for zinc in the same vicinity. Aren’t all of these Casavants tripping over one another?


So what, if anything, is the relationship between CIM and CMI – aside from their obvious relationships with some or all of the Casavants? Based upon the Company’s announcements it would seem that both CIM and CMI are involved in the search for zinc deposits in the same area - Lake George, Saskatchewan. Why were two different companies created – and where was CMI incorporated? Is it possible that each company controls different zinc deposits at the same location? If those zinc deposits were owned and controlled by CMI, a wholly-owned subsidiary of CMKM, how were they transferred to CIM?


CMKM shareholders should be interested in the status of CMI and its zinc deposits. After all, they received CMI shares in late 2003, didn’t they?


What ever happened to CMI?

More Shares to Spare


Interestingly enough, CMKM has promised its shareholders another dividend as well – this time in shares of one of its joint venture partners. On July 18, 2004, CMKM issued a press release to announce that U.S. Canadian Minerals, Inc. (OTCBB: UCAD) had agreed to purchase 5% of CMKM’s mineral claims in exchange for 7.5 million shares of U.S. Canadian stock.


In recent days, U.S. Canadian stock has been trading at about $4.80 a share, meaning that the 7.5 million shares would be valued at more than $36 million - assuming there is a market for the stock when it eventually can be sold. It is difficult to conceive how 5% of CMKM’s royalties could possibly be worth that kingly sum. In the absence of audited financial information about CMKM, investors may be understandably skeptical about any of these valuations.


Here, again, CMKM says it plans to distribute those shares to its stockholders as a dividend. Once again, the number of outstanding CMKM shares will be critical since it will determine how many U.S. Canadian shares each CMKM investor will receive. For example, if CMKM has issued all 500 billion shares, the owner of 1 million CMKM shares would receive 15 U.S. Canadian shares.


There is a catch, however. The shares will not be registered, and the agreement between CMKM and U.S. Canadian suggests that there are impediments to their future sale. Here is what the agreement provides:


Purchase Price. Seller will sell 5% of all current and future claim holdings and mineral interests in exchange for 7.5 million shares of common stock of U. S. Canadian. The shares exchanged hereunder shall be newly issued restricted shares under Rule 144 with a holding period of at least one year from the date of their issuance by UCAD and shall not have the holding period thereunder shortened by means of a dividend. Such shares may be distributed by means of a dividend but shall not take the holding or tacking periods of the underlying shares. By this agreement between both parties, in the event such transfer is initiated, the shares shall be deemed cancelled and void and this Agreement is deemed authorizated (sic) by both parties for such cancellation (sic).


These sale restrictions are vague and somewhat confusing. At what point can the shares be cancelled, and how will that affect the CMKM shareholders who receive the dividend?


The agreement also gives U.S. Canadian a one year option to acquire an additional 10% of CMKM’s mineral claims for $15 million in cash.


While all of these numbers sound impressive, it is difficult to understand the valuations afforded to either company. Unlike CMKM, U.S. Canadian does file regular reports with the SEC – and its financial statements do not paint a pretty or promising picture. As of March 31, 2004, U.S. Canadian had $408 in cash. It claims to have an additional 6.9 million in assets based upon the value of stock it contributed to a joint venture.


As of March 31st, U.S. Canadian had issued approximately 7.6 million shares – making the Company worth more than $35 million on paper based upon the current share price. That also means that CMKM will be acquiring 50% of U.S. Canadian.


The current price of U.S. Canada shares defies logic. U.S. Canadian had no revenues for the first three months of 2004. The Company has incurred cumulative net losses of more than $18 million since its inception in December 2000.


With $408 in the bank, and no revenues, it is difficult to see how U.S. Canadian will be able to pay $15 million to CMKM within the next year. It appears unlikely that the money will come from one joint venture already being pursued by the two companies – the Carolyn Pipe. So far, that project has produced two microscopic diamond particles weighing a total of .000005 carats.


In the end, investors can only wonder why CMKM is suddenly on a binge – issuing illiquid shares of other companies as dividends. Who knows? Maybe they ran out of their own.

©2004 Stock Patrol.com. All rights reserved.

WE'RE BACK ON PATROL

http://www.stockpatrol.com/schlock/doghouse/u_cmkm3.html

 


Posted by cool1sh on :
 
TP..
Nice find. Did you sell your CMKX?
 
Posted by tradingpennys on :
 
Nope, I am waiting for the deadline. I hope I can get out of this alive. And hold some shares free. I dunno if that will be a possiblity though. The stock is tanking at the moment.
 
Posted by tradingpennys on :
 
UCAD hasnt budged at all today.
 
Posted by thinkmoney on :
 
are the mms getting what they want? fear?
 
Posted by tradingpennys on :
 
if anyone could answer this, I would appreciate it:
Can CMKM postpone filing beyond Aug. 20th?

 
Posted by tradingpennys on :
 
Oops spoke to soon UCAD did have a trade! And the pps dropped .10 cents.
 
Posted by TradingWizard on :
 
quote:
Originally posted by tradingpennys:
Penny-Stock Fraud, From Both Sides Now http://www.rgm.com/articles/nytimes2.html
........
Very interesting article on how Stockpatrol.com came into being. I like the articles on that site. They are straight and to the point. Easily understood.

Quote frome the article: "In a spare bedroom of his eight-room Georgian-style apartment on Park Avenue in Manhattan, he searches the Internet for.....

Okay which one of you is Artley T. Bernstein?
 


Posted by tradingpennys on :
 
I think it is a shame that richness had been banned. I truely feel this is quite an injustice. He was only trying to say basically the same things I have been. Instead he was ridiculed, treated horribly, for trying to voice an opinion. No wonder why the french or other countries hate the US. With this type of abuse that had been exposed in here I hate being an american. Pissing contests should be held outside! Ethnic slanderings from the people in here, those people should have been held accountable and banned instead.
That's all I have to say!
 
Posted by dodga on :
 
You need to look at the big picture my friend. You "hate being an American"??

In times like these, thats a very bold statement to make. You "hate being an American" because of a stock message board incident?

Please reconsider and look at the long, rich tradition Americans have contributed to this WORLD before making hideous statements as such.

Thank you.
 


Posted by Money_Penny on :
 
quote:
Originally posted by Brad:

Thanks Money,
You and I are on the same page. I thought about doing something like that with one of email accounts (there are several) but as you pointed out there is a delay in delivery. That delay is just enough to tick me off. I may do it anyway though. Thanks for the post though.

Brad,

I just signed up with Bigfoot.com e-mail forwarding and there is no delay.
 


Posted by cool1sh on :
 
TP..
I am pretty sure the reason is not talkin bad abt CMKX. You and me don't know what exactly he said. I am confident that Allstocks do not ban anybody for no reason. But personally, I always felt he was a pain in the a$$. I dont miss him.


quote:
Originally posted by tradingpennys:
I think it is a shame that richness had been banned. I truely feel this is quite an injustice. He was only trying to say basically the same things I have been. Instead he was ridiculed, treated horribly, for trying to voice an opinion. No wonder why the french or other countries hate the US. With this type of abuse that had been exposed in here I hate being an american. Pissing contests should be held outside! Ethnic slanderings from the people in here, those people should have been held accountable and banned instead.
That's all I have to say!

[This message has been edited by cool1sh (edited July 23, 2004).]
 


Posted by tradingpennys on :
 
Dodga -
1. You don't know me, let alone enough to call me "my friend".

2. I said "That's all I have to say".

3. I know enough about history probly more than you could possibly dream.

4. I can and WILL express myself in what ever manner I so choose!

5. My statement is just that - MY STATEMENT. It is not open for discussion nor anymore of these obsessive pissing contests I have observed too many times in here.

6. I repeat #2!

 


Posted by Wallace#1 on :
 
tradingpennys,

Now, you know why we are referred to as "the ugly Americans". I agree, it truly is sad.

It is because of attitudes like those expressed on this thread.

As to "talking bad about CMKX"...that is ridiculous! No one at Allstocks would ban someone for that!!!!!!

[This message has been edited by Wallace#1 (edited July 23, 2004).]

[This message has been edited by Wallace#1 (edited July 23, 2004).]
 


Posted by XchangeMODE on :
 
anybody here lives in vegas or goes to vegas
 
Posted by dodga on :
 
Everyone's a "know it all" in here and yet, still, its always "end of discussion". I'm friegthened to engage intellectually. You hate being an American. Ever served your country? Ever had an immediate family member serve your country? Ever had relative serve your country?

Please, humor me...
 


Posted by JBCak47 on :
 
"No wonder why the french or other countries hate the US."

As much as the Germans bother me lately, there is a reason why the Germans felt like invading the French twice in a period of roughly 30 years...

I have trouble trusting people who don't bath at least once a day... sorry...

If you get offended don't read this next statement:

There is a difference between a dirty french girl and a dirty American girl... think about it guys


=============================================

I for one do not feel bad Richness was banned... Its one thing to give negitive comments or opinions, that is Wallace, fine... richness just went overboard, calling people stupid and whatnot. Only Wallace calls me stupid and I can deal with that,lol...

If they banned Wallace I would object, a tad, but richness, he got thrown out of this place the way you throw out a french girl... quickly while shouting America's # 1

-John- (Hater of the cheese eatin' surrender Monkeys!)


 


Posted by JBCak47 on :
 
""tradingpennys,
Now, you know why we are referred to as "the ugly Americans". I agree, it truly is sad.

It is because of attitudes like those expressed on this thread. ""

You are such a foolish American. We are hated because facist Islamic Radicals and their cohorts world wide want nothing more to Abloish every thing we do. That includes this stock board and even the markets. They, and this is radical Islam I am refering too, would like nothing more than us to either die or convert.

We are hated becasue we have a value system that lets Women vote. That lets every citizen express themselves with out fear of a gas chamber or firing squad. We can read books that aren't burning.

We are allowed to follow WHATEVER form of worship we like.

We have freedom of speech and basic human rights.

---------THIS IS WHY THEY HATE US----------

NOT BECAUSE OF SOME MESSAGE BOARD


WALLACE YOU JUST PROVED HOW MUCH OF AN IDIOT YOU REALLY ARE. AFTER A STATEMENT LIKE YOURS YOU CAN NOT BE AS OLD AS YOU SAY YOU ARE, BECAUSE YOU SHOULD KNOW A LOT BETTER. THE WORLD HATES US BECAUSE WE ARE EVRYTHING THEY ARENT. IT TOOK US 227 YEARS TO REACH THIS STAGE, OTHER COUNTRIES/PEOPLES HAVE BEEN TRYING FOR 2500 YEARS AND STILL HAVE NOT ACHIEVIED 10% OF US.

RE-READ THAT LAST SENTENCE. THAT IS WHY THE WORLD HATES US.

-JOHN-(Let the world hate us, they can all go die... If Bin Laden or Saddam is in heaven, I swear to God I will pick Hell... If that is what Heaven is all about, screw it, I will gladdly go to Hell...)


 


Posted by Wallace#1 on :
 
dodga,

I served my country! I am a Veteran! I got shot at! I have traveled in Europe and throughout other continents and know what they think! Have you served this country...and I do not mean in the NG where you did nothing but get paid? Have you served during and in any kind of battle?Tradingpennys is 100% right!
 


Posted by dodga on :
 
I have to admit, i am surprised Wallace#1 chimed in with such an ignorant statement as well. I did value your opinion...until that.


 


Posted by XchangeMODE on :
 
let`s just stick with due dilligence
instead of attacking one another
on the other hand
if somebody posts false or misleading information it has to be pointed out
strangely i posted the word market-action
as one word and it got bleeped out

at the moment to me it just seems like a walkdown so the mm can cover their shares
i heard orders get still executed,but in all the orders that start with size 9 are kind of strange

this might seem like a strange theory ,what if urban retired all the o/s and now is putting some on the market .

 


Posted by tradingpennys on :
 
quote:
Originally posted by Wallace#1:
tradingpennys,

Now, you know why we are referred to as "the ugly Americans". I agree, it truly is sad.

It is because of attitudes like those expressed on this thread.

As to "talking bad about CMKX"...that is ridiculous! No one at Allstocks would ban someone for that!!!!!!

[This message has been edited by Wallace#1 (edited July 23, 2004).]

[This message has been edited by Wallace#1 (edited July 23, 2004).]


Yes, horrible attitudes. My nationality is of 5 european countries. And every single one had been attacked. I am 5th generation American. And had been proud but with current events and then this abussive behavior in here ... UGH!!!!!!!
I think I should start a new thread titled something to the effect "Open minded CMKX" or something to that effect. Someplace where you don't get ganged up on saying what you feel, find, or think!
YES Wallace, Ugly americans is quite accurate!!


 


Posted by JBCak47 on :
 
Some of our gretaest heros never fought a war, they died fighting fires at The World Trade Center on Sept. 11th...

Just ebcause you fought in a war doesn't make you better than anyone else.

I have done CPR on a dead person, helped many many sick people out, extracted a person with the Jaws of life... all before I was 20... whats YOUR point Wallace...

My point is you are a self hating American, after comments like that...

SINCE WHEN DO WE CARE WHAT EUROPE THINKS OF US?

THAT IS WHY ALL OF OUR FAMILIES LEFT... THEY HATES EUROPE... I NOW UNDERSTAND WHY.

-John-
 


Posted by dodga on :
 
I served two tours in Veitnam Wallace#1. Please enlighten me concerning your service and I you, will mine.
 
Posted by tradingpennys on :
 
Geeze! Here goes the pissing contest again!!
 
Posted by JBCak47 on :
 
tradingpennys


I am Italian, German, Dutch, English and Irish,....


Italians= No win wars, only against Africa...

Germans=Nazi's... and WW2...

Dutch=germans/Richness...

English= Well we know what they are responisble for...

Irish= Cheap Labor and easy,fun times...

Whats your point. I am an AMERICAN... I can give a rats ass about my 'HERITAGE' other than the fact I live here in AMERICA... Yes it's nice to know your history and mine goes back on the ENglish/Irish side, but in the end MY FAMILY left that place, so how strong SHOULD the ties be???!?!??

-John-
 


Posted by dodga on :
 
Funny lad, I feel I'm the one being attacked here for defending my country. I'm not being offensive, vulgar, nor using profanity?

Yet, there's so much hostility in TP and Wallace's messages to me?

I'm trying to INTELLECTUALLY discuss the issue. Don't get so hostile, please. Behave.

Some statements were made regarding my country and I'm simply trying to disect?
 


Posted by Wallace#1 on :
 
Dodga - you are 27...hardly likely you served in anything.
JBCak - 23 yr old punk. It will not be long
before I change my mind and ask that he be banned...and for better reasons than richness was banned.
 
Posted by dodga on :
 
I'm not 27 yrs old Wallace#1, i'm 55. Thats how many years I've been married to the loving, beutiful wife i have. Nice assumptive, guess, however.
 
Posted by XchangeMODE on :
 
ENOUGH NOW
i don`t want hear about vietnam ,9/11,ugly americans in here

i want to hear about CMKX

this board should not go the way of some other msg.boards

i share the frustration of the pps not moving
let`s just try to investigate the reasons
instead of letting out our frustrations


 


Posted by JBCak47 on :
 

Lol, Wallace you aren't going to scare me...

So I am forced to change my Sn... Ive seen people die. This isn't at all close to that.

I once saw a guy who flew 100feet off his motorcycle and hit the pavement with such force his helmet came off... To put what you said into perspective, you words are just that, little ones and zeros somewhere in cyber space...

This is the LAST time I am speaking to you. EOM.


 


Posted by Wallace#1 on :
 
JBCak,

Although it is many more than that, I will allow you that that is "strike two". If you are even a tiny bit more than a numbscull, you should be able to guess what "strike three" means!!
 


Posted by dodga on :
 
It's obvious I'm not going to be able to hold a civil disucssion regarding this topic. I tried.

Just so you know Wallace#1. I was a helicopter pilot, was shot down and taken POW for 9 months.

I was fed pumpkin soup for those 9 months. I can become more and more explicit if you wish.
 


Posted by JBCak47 on :
 

Any rumors of a PR tonight or this weekend?

-John-
 


Posted by XchangeMODE on :
 
does anybody know in here if the former company ,cmkm has been shorted into oblivion,before it became cmkx.
and the dividend seems to be a good thing,it could provide extra funding for exploration once the pps moves up

 
Posted by Allstocks on :
 
The company and it's stock please.
 
Posted by TradingWizard on :
 
Enough....I can't take this anymore!

This is CMKX thread - please behave.
 
Posted by Wallace#1 on :
 
dodga,

My mistake if I misunderstood what you were saying. I served in Vietnam as well.

[This message has been edited by Wallace#1 (edited July 23, 2004).]
 


Posted by JBCak47 on :
 
My post vanished...

sorry mod's... Sometimes you gotta fight dirty...

=============================================

Dodga...

Ohh my God... Wallace is instigating you, like he just did with me before. When CMKX hits he'll be gone.
=============================================

No clue if CMKM was shorted... Probably... but who knows.


-John-
 


Posted by Kimberlystocks on :
 
Well I can see we are going to be missing some people later on. I agree, let's not get in an uproar. Everyone has their own opinions, no one is going to win right now, it will only get uglier. Let's just back track a little and get to what this board is meant for CMKX. You can't assume who has served the country more, less, who is a better American, yatta yatta. My husband is serving now also in the military and has done some wonderful things, but what does that have to do with CMKX stocks, absolutely nothing. Everyone chills out, please!!!
 
Posted by Kimberlystocks on :
 
Everyone CHILL out, please!! Yea, I am a Medical Transcriptionist, oops!!
 
Posted by XchangeMODE on :
 
it would be good to know if cmkm has been shorted into oblivion ,to confirm this is a fight back,since urban owns a lot of shares
it would be perfect scenario.
when the law firm p.r. came out ,it seemed like the mm got scared for a moment and i still stand bhind my theory
with the paid secretary that released the false rumor of the 400 b. share count
 
Posted by Wallace#1 on :
 
tradingpennys,

Yesterday, you mentioned supposed connections between UC and a number of other companies. I know he was once the Pres/CEO of Petro Plus, but I could find no connection to Odatt, Explor Resources, Alberta Ltd, Canaccord Capital Corp or Saskatchewan Mineral Properties. Did I miss something you might have posted?
 


Posted by tradingpennys on :
 
Wallace -
Odaat owned the land apperantly
and now - Alberta Ltd. is the land owner of where the Zinc claim is.
I also found out there is .04% of the o/s that 2 companys own. 1 owns 2,000,000 and the other 999,999. I ran across this info. through AOL's personal finance links. The 2M co. is holding long. the other is something like medium long or something to that effect.
 
Posted by tradingpennys on :
 
I also believe that CMI or is it CIM... lol went BK. I know somewhere on either the edgar or sec sites I read that 1 of Casavants businesses filed with the words in the context "Reorganization" which I take as filing chapter 11. Although I have NOT been able to find anything in my paperchase to uphold it. Unfortunately there are parts of information that can be held in secrecy and no one can access them through one of these sites. I had done so much reading yesterday I have to regroup what I have found. Right in the middle of research I had to shut down. Fortunately I didn't lose my place where I left off. I will fill you in as I get info.
 
Posted by richnessforeveryon3 on :
 
I want to thanks Bob Frey for re activating my account....
I want too to thanks Wallace and Tina and Bill and all the others for their support....
I registred again under richnessforeveryon3 so we can forget the past...:-)
Now let us speak CMKX....
I want to thanks Tradingpenny (Tina) for their nice article find (stockpatrol)...
If you remember it was what I was saying here with my words...
I came too to this conclusion after others communicated us some DD (specialy on CMKX message board when this one was still online...an incredible source of news,rumors,DD etc with intersting people on them)... people which turned from believer in non believer after they phoned ,investigated etc etc.
One of them was ready for go to Canada for see the drill process and asked to Melvin if he could go there....It was invited to not go there with an excuse as (you needn't to come here... in 2 weeks you will know any with PR's etc)...
This was a turning point in my decision to sell like all serious company is proud to make visit its installations to a shareholder......
If this man or woman who recognizes himself, would he be kind if he is a Allstock user to post here... I would be happy..(very important for the other shareholders to know exactly what Melvin said you )......
After a few bad posts CMKX message boards was suddenly closed and til today close....so I become more and more suspicious....
Like I told you in an removed post....for me UC now try to sell his claims to interested mining company and Debeers don't jumped on this claims...don't forget that UC got this claims while Debeers forgot (or wouldn't) to renew its rights.....(but I'm not sure if this is true like I don't have phone in Canada to their province mining district affairs for verify this)


[This message has been edited by richnessforeveryon3 (edited July 23, 2004).]
 


Posted by JBCak47 on :
 
Richness,

That post about the person wanting to go to CMKX's 1,400,000 that is, and I say again, ONE MILLION FOUR HUNDRED THOUSAND ACRE Property and do what? Not to mention that person can fall down a mine shaft? Or get hurt, I wouldn't want some stranger walking around my property...share holder or not. That is called LIABILITY.

Second, if you sold on what SOME MEASSAGE board says, your a dope! Plain and simple... and you deserve to be mugged or robbed because that is what happens to very very stupid, mindless people.

Besides even if you want to CMKX's property you'd be arrested for tresspassing... It is a very valuable area of land.

-John-

P.S. Richness I thought you were leaving us until Aug 20th??? I guess not... troll...


 


Posted by richnessforeveryon3 on :
 
quote:
Originally posted by JBCak47:
Richness,

That post about the person wanting to go to CMKX's 1,400,000 that is, and I say again, ONE MILLION FOUR HUNDRED THOUSAND ACRE Property and do what? Not to mention that person can fall down a mine shaft? Or get hurt, I wouldn't want some stranger walking around my property...share holder or not. That is called LIABILITY.

Second, if you sold on what SOME MEASSAGE board says, your a dope! Plain and simple... and you deserve to be mugged or robbed because that is what happens to very very stupid, mindless people.

Besides even if you want to CMKX's property you'd be arrested for tresspassing... It is a very valuable area of land.

-John-

P.S. Richness I thought you were leaving us until Aug 20th??? I guess not... troll...


Listen....when you are a shareholder you are the owner of a part of the firm and if you ask to be able to visit the processing site you are dealt with by person who makes you visit the bus places being a shareholder you are respected like such....
Okay ?????
 


Posted by bill1352 on :
 
that fact that diamonds are in the ground of some of cmkx's claims is really not an issue...its fact that the entire area's kimberlite holds sufficent amounts of diamonds to mine...after the fly over testing ucad has moved to take on more claims not only from cmkx but another company as was stated in a pr this week...IMO the real problem is everyone is putting way too much attention on the pps & if its naked shorted even UC IMO. they did say they were close to getting the permits to do core sampling on the hot spots found during the fly over...again in my opinion this is the only thing that matters, finding the right spot to go into the second phase this will take care of the mm's, the naked shorting and the pps to a point because the only way this pps gets very high is a r/s because the o/s has to be way up there.
 
Posted by richnessforeveryon3 on :
 
I wouldn't invest in a company which ask me ' dear shareholder we needn't your presence here but your money is welcom, please stay at home, we will inform you thru PR's '
 
Posted by JBCak47 on :
 
Richness

If I owned IBM, Microsoft or Viacomm would I be able to just go right into one of their offices or Buildings? Nope, I'd be stopped by security...

The is no obligation for CMKX to show ANYONE the property and they shouldn't. A shareholder could really be working for Debeers, ect. This would be INCREDIBLY stupid...

CMKX isn't giving tours of their land. They are hunting for Diamonds and I suggest they waste no times giving stupid tours to share holders. We don't get rich or get the diamonds by walkign people around a potentially dangerous place. We get sued this way...

Secondly, you have NO rights as to being able to access ANYTHING of the companies except documents that are in the public domain. That is it. You have no right because you own 10000000 shares or just 1 to just go to a companies place of business and demand to be taken around.

If the area should only be accessed by CMKX crew, not CMKX share holders.

-John-

His posts get weaker and weaker by the day.
 


Posted by bill1352 on :
 
sorry richness but unless it was a set tour of either the property or factory i wouldn't want the ppl that are supposed to be working making the company i hold shares in taking time to show someone around nor would i expect the company to want to show around some shareholder unless this shareholder owns a major stake in the company not .001 % of the shares it just doesn't make good business sence.
 
Posted by JBCak47 on :
 
Richness garbled this :
"I wouldn't invest in a company which ask me ' dear shareholder we needn't your presence here but your money is welcom, please stay at home, we will inform you thru PR's "


Okay, you made your point, move on and leave CMKX alone. Why are you workign so hard to disprove them and their PR's? Why?

Ummmm go buy into Boeing and see if you call them up and demand to be taken to the sites where the Department of Defense Contracts are being built, to see how things are going. What do you think would be their response to your request, richness?

If you invest in Delta are you allowed to go board any of Delta's planes with out a pass or ticket? Are you allowed to go inspect Delta's cargo area? Nope, you aren't. The same applies with CMKX.

-John
 


Posted by richnessforeveryon3 on :
 
quote:
Originally posted by JBCak47:
Richness

If I owned IBM, Microsoft or Viacomm would I be able to just go right into one of their offices or Buildings? Nope, I'd be stopped by security...

The is no obligation for CMKX to show ANYONE the property and they shouldn't. A shareholder could really be working for Debeers, ect. This would be INCREDIBLY stupid...

CMKX isn't giving tours of their land. They are hunting for Diamonds and I suggest they waste no times giving stupid tours to share holders. We don't get rich or get the diamonds by walkign people around a potentially dangerous place. We get sued this way...

Secondly, you have NO rights as to being able to access ANYTHING of the companies except documents that are in the public domain. That is it. You have no right because you own 10000000 shares or just 1 to just go to a companies place of business and demand to be taken around.

If the area should only be accessed by CMKX crew, not CMKX share holders.

-John-

His posts get weaker and weaker by the day.


Sorry but I'm sure if I phone to MS I will get certainly a nice person on the phone which will say me ' Ok we will arrange a R/V....or...we will soon have open days so please you are welcom ' but they will certainly not say to me ' stay at home my friend and read PR's '....
 


Posted by JBCak47 on :
 
You're idiotic richness. I only hope when World War Three comes around, this time Europe really gets taken off the map. Maybe the third time really is a charm...

-John-

P.S.

I am sure you can go to their offices but not CMKX property... there is a BIG DIFFERNCE...

[This message has been edited by JBCak47 (edited July 23, 2004).]
 


Posted by JBCak47 on :
 
RICHNESS WHY DO YOU CARE YOU ARENT A SHARE HOLDER

-JOHN- That is check mate by the way...
 


Posted by TradingWizard on :
 
quote:
Originally posted by JBCak47:
You are an idiot richness. I only hope when World War Three comes around, this time Europe really gets taken off the map. Maybe the third time really is a charm...

-John-

P.S.

I am sure you can go to their offices but not CMKX property... there is a BIG DIFFERNCE...


you make me laugh
 


Posted by JBCak47 on :
 

Trading Penny,

I try to be amusing but I am stuck in a cross fire of stupidity (Wallace and Richness)....

Teen Trader will remember 'CrossFire' (the old school game),lol..

-John-
 


Posted by richnessforeveryon3 on :
 
Don't forget...
If you run a business a person with 1 share is as important as a person with 1 M shares....thats the ABC in business....I call this 'we respect you as shareholders and thanks you for believe in our business'....
Now the 20 august I will remember you the pps of this particular day ...no problem....nevertheless I agree I can not read in the future perhaps we will get a surprise.....
Wait and see...
See you later
 
Posted by JBCak47 on :
 
Richness pushed this out his pie hole:

"Don't forget...
If you run a business a person with 1 share is as important as a person with 1 M shares....thats the ABC in business...."

Amigo, worry about the ABC's of English before you worry about the ABC's of Bussiness

-John-
 


Posted by richnessforeveryon3 on :
 
quote:
Originally posted by JBCak47:
You are an idiot richness. I only hope when World War Three comes around, this time Europe really gets taken off the map. Maybe the third time really is a charm...

-John-

P.S.

I am sure you can go to their offices but not CMKX property... there is a BIG DIFFERNCE...


Bob please, this man told to me I'm an idiot...I was banned in the past for such words....
 


Posted by Money_Penny on :
 
Oh geeeeeeeez, richness....

You remind me of Jason from Halloween. You know, the creepy guy with the icehockey mask who gets killed at the end of each movie but then there's another sequel and Jason rises from the dead again? You know, there never is a happy ending for Jason...no matter how many time he comes back!
 


Posted by JBCak47 on :
 
I changed it from idiot to idiotic? How's that...

-John-

See now I am saying you are ACTING LIKE an idiot, but I am not calling you one...

The gray shades of legality...

[This message has been edited by JBCak47 (edited July 23, 2004).]
 


Posted by Grasshopper on :
 
Careful John, we all know how much pull Richness has around here!

Richness, I for one could care less whether you're here or not (I'm sure many would say the same about me, LOL)! It's easy to ignore your posts if I don't think you have anything useful to say.

When you do post though, how about providing links or some kind reference to the statements you make? Nobody wants you to cram your opinions down our throats without giving us a chance to look at the "evidence" you refer to. Let people form their own opinions.

Also, in the future please don't refer to people's age, inexperience, or stupidity. It is not useful or relevant to this board and will only further validate our opinion that you are here to bash (and to fill that empty void you feel in your life...)
 


Posted by Upside on :
 
Aside from all of this bickering, I would like to know where the results are from the remaining Carolyn Pipe samples that we were supposed to have weeks ago? I'm sensing a smokescreen here to make us all forget about them and apparently, it worked.
 
Posted by TruthTeller on :
 
I wouldn't post on a thread every day so many times which is created for a stock that I don't want to invest in.

quote:
Originally posted by richnessforeveryon3:
[b]I wouldn't invest in a company which ask me ' dear shareholder we needn't your presence here but your money is welcom, please stay at home, we will inform you thru PR's '[/B]


 


Posted by HarryHar on :
 
Upside

I have also been wondering about those results. But, me being the optimist, and believing in the company, I think that they are waiting for this dividend and short squeeze (if there is one) to pass so that any good news that is released will be reflected in the PPS instead of releasing the good news to a market where the MM's have tons of naked shorts floating around and possibly even more in their artillery.
 


Posted by JBCak47 on :
 
You speak very well my young grasshopper

Watch out or the young grasshopper will use the feared and deadly Kung-Foo moves!

Bashers be ware

=============================================

Question:

Do we know for a fact that 40 billion CIM shares will be given to CMKX share holders?

I have heard this number before, this is why I ask?
===========================================
Where is Pharm? Working? lol when does he work!!! lololol!!!

You know what guys? I was smoking before and a little bird, not a pigeon, a bird flew in by me and came within a foot of my ear, I heard it whisper

CMKX-KAAKOOOO, KAAAAKOOOOOOOO

Weird.... It also had a diamond in it's beak... ??? hmmmmmmmmm....

=============================================

Lol richness providing links? Lolol... this is should be fun to watch unravel...
=============================================

Anyone else buy CMKX shares today?
=============================================

-John-
 


Posted by JBCak47 on :
 
Upside, good point...

However I agree with HarrH

since any real news wouldn't support much of a pps rise... It maybe better to release good news when a 25% increase or 50% at a penny does more than a 100% or even 200% raise at .0004

I see them waiting until this dust settles, then they will release good news. I really don't think it would be wise, not until after the naked short situation is cleared away...


-John-

[This message has been edited by JBCak47 (edited July 23, 2004).]
 


Posted by Money_Penny on :