Allstocks.com's Bulletin Board: CMKX IV New Thread....GOT IT

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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

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

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.

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).]

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).]

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.

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).]

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.

OTCP, because it relies on information supplied by various third parties disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of an OTCP analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an OTCP opinion, recommendation or analysis. Information regarding companies which OTCP has opined upon is normally available from many sources including the subject company's filings with the SEC and various press releases issued by the company.

You should be aware that OTCP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating OTCP's statements regarding a company. OTCP's compensation for INSA is as follows 30,000 free trading shares from GM Capital and 50,000 free trading shares of UCAD by IB2000. OTCP's officers and directors reserve the right to buy additional shares of the company discussed in this opinion and may profit in the event those shares rise in value. When OTCP receives free trading shares as compensation for a profiled company, OTCP may sell part or all of any such shares during the period in which OTCP is performing such services.

CONTACT: www.OTCPro.com editor@otcpro.com 561-909-0139

SOURCE: OTCPro.com

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 ]

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

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 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).]

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.

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

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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.

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...
--------------------------------------------------------------------------------

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:

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

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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.

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

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).]

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.
--------------------------------------------------------------------------------

** 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).]

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.

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?

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?

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.

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?

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.

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

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!

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...

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).]

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.

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

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

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).]

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-

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).]

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

--------------------------------------------------------------------------------
"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:

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).]

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).]

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).]

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>"

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

"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

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.

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).]

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:

------------------------
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.

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?

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.

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).]

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 :

quote:
Originally posted by JBCak47:
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....

LMFAO! How much did you smoke before you saw that little bird???

I bought more today at .0004. This is enough for now, but you never know, I've been known to have a weakness for sales prices!

Posted by will on :

Ahhhhhhhh, but you see UpMan, when things aren't going well thats all there is, bickering and squabbling. The price of this stock is going to trade sideways until, we have the kind of news you're asking for, or the O/S. Until then get used to people picking the scab on the ass of humanity. (richnessforeveryone, or whatever he is now). I don't know who the bigger pain in the ass is, the scab or the ones who pick it.

quote:
Originally posted by Upside:
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 JBCak47 on :

Money P, How much? Not enough, never enough... I'll stop when I either pass out or get that throw up feeling under the tounge...lol...

You like sales huh? Weren't you the one who wired more money so you'd have more shares than me?lol... .0004 very nice

I plan on buying up to the 20th... However real soon I gotta throw another 100/200 into USCI... Big volume today over 1 billion...

-John-

Posted by Upside on :

originally posted by will:

quote:
Ahhhhhhhh, but you see UpMan, when things aren't going well thats all there is, bickering and squabbling. The price of this stock is going to trade sideways until, we have the kind of news you're asking for, or the O/S. Until then get used to people picking the scab on the ass of humanity. (richnessforeveryone, or whatever he is now). I don't know who the bigger pain in the ass is, the scab or the ones who pick it.

My vote would be the picker. A scab, if left alone, eventually disappears. A picker will insure that the scab remains.

Posted by VNGNTN1 on :

RICHNESS
A couple days ago I asked for a good pic !
Still waiting include something we can checkout.
VAN

Posted by Money_Penny on :

Allright, John, I admit I still have less than you (2.5 million)

. But my kids own about another 1.5 million, does that count, LOL. I feel good though about buying at 0.0004 today. It was a sale indeed!

Posted by Upside on :

Van,
Could be he's not comfortable making picks. I know I'm not anymore. My last one was DCUT at .10 a few months back and today it sits at .006. How's that for a pick? I hate to see people invest in something I recommend only to get wiped out.

Posted by will on :

Here's a pick, PRIM @ .0008, if/when it goes to to .0004, buy more.

quote:
Originally posted by Upside:
Van,
Could be he's not comfortable making picks. I know I'm not anymore. My last one was DCUT at .10 a few months back and today it sits at .006. How's that for a pick? I hate to see people invest in something I recommend only to get wiped out.

Posted by will on :

UpMan, I think Van was asking for a photo of the scab on the ass of humanity.

Posted by richnessforeveryon3 on :

quote:
Originally posted by VNGNTN1:
RICHNESS
A couple days ago I asked for a good pic !
Still waiting include something we can checkout.
VAN

SPCK (SUPERCLICK)

Posted by Upside on :

originally posted by will:

quote:
UpMan, I think Van was asking for a photo of the scab on the ass of humanity.

Got a nasty one on my leg, that's the best I can do!

Posted by Brad on :

I've been on a plane all day which, by the looks of what transpired on this board, is a good thing. I'm not happy to see richness back again either (especially since he said "OK ENOUGH IS ENOUGH....I LEAVE") but it's not my job to police him or others. I'll leave it to the moderators. So in an attempt to get us back on a CMKX track on this board I'm back to posting some interesting posts and other info I can find on CMKX.

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

***********
** PART I **
***********

MY JEFF/Urban/Naked Short theory:

First, we need to go back about a year:

1) Jul/03 - CMKM files "Certification and Notice of Termination of Registration" Form 15-12G with SEC. CMKM becomes a non-reporting company.

- What does this mean? Well, for one it could have been a ploy by Urban to cover up heavy dilution, and insider option/warrant grants and thus make this one of the largest pump & dumps in pink sheet history. Personally, I don’t believe that Urban could perpetrate such a scheme and have the bravado to have personal meetings with shareholders, advertise the company through a racing team, and get one of the top Securities firms on board. IMO, it was for another purpose…to disguise his actions from the MMs or hedge funds he believed were naked shorting this and in doing so brought it down to the .0001 x .0002

2) Aug/03 - CMKM announces share dividend payout for CMI.
Aug/03 - CMKM announces 2 for 1 foward stock split.

Urban’s first attempts at reconciling the Naked Short position…either there was none at the time or they completed disregarded the CMI dividend and their obligation to either obtain CMI shares or cover CMKM shares.
This is where the trading begins to get interesting, especially the volume…looking at a 2 year chart we see that beginning the end of August/Early September 2003 trading volume picks up immensely and not just because of the 2 for 1 split. It goes from 100’s of millions to billions of shares traded every day.

3)
Sept/03 - CMKM announces six billion shares are being retired back to treasury.
Nov/03 - CMKM announces over twenty billion shares have been retired back to treasury to date.
Dec/03 - CMKM announces 16.5 billion shares officially retired to treasury.

September is exactly the time that the volume picks up…probably because of all these shares being returned to the treasury. Now if the volume suddenly surged from millions to billions and its all buy volume (the company buying back its stock) then how come the price of the stock went down to NO BID x .0001 ?

Urban thinks to himself - what the hell is going on here? I’m buying tons and tons of this stock and the price is going down?

Now Urban being experienced in the market, and probably having friends who deal in securities starts to realize what’s going on…His stock is being cellar boxed by offshore hedge funds naked shorting it like crazy(thinking it will go bankrupt, underestimating the company and the FALC region).
http://www.investorshub.com/boards/read_msg.asp?message_id=2543926

It is around this time that Urban starts to concoct a plan…start buying the naked shorts, pull certs, and return them to the treasury(thus the buy backs in November/Deceember). He probably uses a MM to do this…And that MM was most likely JEFF. People who have been in this stock for a while remember JEFF being a large net buyer over the last year at the basement level(.0001)

The dilution issue: If you believe that Urban used this time to dilute than he was doing it while he was retiring shares…a little counter intuitive and if proven is grounds for showing that he in fact manipulated this stock by releasing info about a buyback while diluted this stock into oblivion. Thus, if this was proven I’d call this a scam and Urban a scam artist. BUT, I do not believe this happened because 1) I think Urban is a fairly respectable person(from what others have said) and 2) he could make a lot more money from concocting a plan to elicit one of the largest short squeezes in history.

Now, some will argue that he has been Using JEFF recently to dilute. But this as well doesn’t make sense since JEFF has kept a strong lid on the pps…if he were diluting or dumping his own shares he would allow the pps to run up over .001(we’ve certainly had the demand to do that) and raise twice as much capital, or make twice as much money.

Now, JEFF starts buying up the basement @ .0001 or maybe even less and starts accumulating 100’s of billions of naked short shares

Just look at the volume for the last 9 months or so…it has to be a couple trillion…not saying there are that many shares out, just that a massive amount have been traded…and being that dilution doesn’t seem the likely cause, than process of elimination leaves us with the short issue.

Now Urban has bought back a decent chunk of the O/S as well as a good piece of the Naked Short shares. Remember this thing was in the cellar for almost a year and there were billions of shares being traded every day – those shares were coming from somewhere; either 1) they were coming from the treasury i.e dilution 2) they are naked short shares. It can only be one or the other; either Urban diluted this into the ground or offshore hedge-funds working together with corrupt broker/dealers have shorted this into the basement trying to bankrupt it. I geuss it’s all a matter of personal opinion. If you honestly believe Urban is a dishonest person and a scam artist and had the nerve to Issue some 450 billion shares to the general public after publicly stating he was in the process of retiring shares than this whole theory is bogus. But if you don’t believe that than the only possible alternative is a large naked short position

4) June/04 - CMKM Diamonds, Inc. Announces It Has Retained D. Roger Glenn, Partner at Edwards & Angell, LLP as Securities Counsel
June/04 - CMKM Diamonds Inc. Announces It is Retaining a Large New York Law Firm to Represent Its Interests.
June/04 - CMKM Diamonds, Inc. Announces Edwards & Angell, LLP. and CMKM Diamonds Inc. Begin Work

This is the strongest evidence to support our theory of a naked short position. CMKX is a small pink sheet company that was rumored to be a scam. It blows my mind that one of the leading securities firm, and a partner of that firm, with profound experience in securities law & corporate governance would take on a client like this. Glenn’s law firm would never allow CMKX as a client unless they had ‘something’. Something that was going to overweigh the risk of taking on a pink sheet, something that would put Angell & Edwards, as well as Roger Glenn, at the forefront of the securities world.

************
** PART II **
************

I believe, that Urban bought back and returned to the treasury a good deal of the O/S through JEFF and then proceeded to buy a ton of the naked short shares. Urban knows the O/S and he knows the number of naked short shares through the transfer agent who is responsible for keeping track of the company’s stock, whether in be in cert form or in a brokerage account. Now if you were planning the largest short squeeze in history, would you want to release the O/S and the NS position to the entities you will be squeezing? Of course not, that’s your ammunition, you have one up because you know both what is real and what is fake(if any)

Now, after Urban was satisfied with what he had accumulated he then went to Roger with the certs returned to the treasury, the actual O/S(from the treasury register), and the TA’s report of the number of shares held aggregate in brokerage accounts…

The T/A was reported as saying 400 billion O/S. This is probably true but may be the OUTSTANDING and not the ISSUED. If indeed there are naked shorts than the outstanding will not be the same as the issued. Because what is aggregate in our brokerage accounts is the outstanding, but it’s not necessary what the company has issued.

Once Roger looked over the evidence he realized what he had here…a chance to make history, for himself and for his firm.

5) With Glenn at his side and probably after a lot of work hunting down the MMs and broker/dealers responsible for assigning valid cusips to bogus shares, Urban in short(excuse the pun) tells them they are royally screwed.
The MMs and broker/dealers realize the situation they are in and report back to their hedge-fund clients what’s about to happen. The hedge-funds either say ‘F you’ to the MMs and broker/dealers, saying it was their responsibility to make the affirmative determinations as to the availability of the security being sold short, or they said - please help us out here.

In any event I believe there were numerous meetings with Roger, Urban and the culpable short sellers who threatened to not cover their shorts and tie the matter up in costly litigation that could easily swing the MMs way if they were to use just a smidgen of the money created from the naked short selling to hire one of the best securities team in the legal world. Urban and Glenn did not want that, it would leave the issue in limbo giving the hedge-funds the ability to cover cheaply or continue manipulating the price.

So they come to an agreement for something of a partial covering situation by the MMs at a low price, of less than .001
They would allow them to buy back say 250 billion(random geuss) shares through the market maker JEFF at a price that would suppress demand for the stock and keep the price low giving them a chance to cover and buy a good deal of retail shares as well at these low prices.

Why would Urban let them get off so easy? 1) The MMs and guilty broker/dealers most likely threatened to tie this up in court 2) He wants to raise capital for the company: .0005 - .0001 = .0004(profit) * …billion = a lot of money for expenses, explorations, buy outs, legal fees etc. 3) He needs the market makers to be on his side in the future 4) We would still have a massive short squeeze because of the drastic decrease in supply as JEFF’s shares are being bought to cover and immediately destroyed.

5) July/20 - CMKM Diamonds, Inc., to invest in Casavant International Mining, Inc. Declares Dividend For Shareholders
July/18 - CMKM Diamonds Inc. Announces Dividend to Shareholders of Record Date and Option Agreement

Now, here it is - the deadline… either the MMs weren’t covering or Urban felt they have had enough time already so he forces them to cover by August 20th.

He allows JEFF to keep selling and keep the price down so as to allow as many new investors to buy in and old longs to add to their position. Anyone buying before August 20th is going to receive a huge dividend, a dividend that sets a value to the company, forces short positions to be covered, and gives a definite timetable to what is going on.

In conclusion; this is all merely speculation and just my opinion. I was looking back on what went on and what is going on now and it just seemed to make sense…All I know is naked short selling is a problem, and has destroyed thousands of companies. All the evidence hitherto shows a large number of shares in the publics hands… a number of shares that seems so large there are only 2 possibilities

1) Urban has issued over 400 billion shares since his last filing of doing just the opposite, making this one of the largest scams/pump & dumps/corporate printing presses in the market’s history. This in turn would create a myriad of legal action against Urban, his coconspirators, and one of largest and most prominent securities law firms in the country. I feel that if the O/S of this company is anywhere near 500 Billion this is indeed one of the largest security scams in American history, and Urban is not only a scammer but a conmen among conmen. IF he has the audacity to print up over 400 billion shares after saying just the opposite, and doing it in such secrecy he is not only a conmen of Enron-like proportions, he will be one of the most hated men in America. He has met with hundreds of shareholders face to face and put his credibility on the line numerous times; if he is in fact lying to us all I surely feel bad for him, his family, and his friends, for as it stands thousands of investors have put their trust and money in his hands and if he blatantly spits in their face there will certainty be hell to pay

2) There is in fact a large naked short position that Urban, Glenn, and JEFF have been dealing with for the last year. If this is the case this stock will make history for 2 reasons 1) it will be the largest short squeeze in history, consequently creating vast amounts of wealth for CMKX investors 2) it will mark the beginning of the end of naked short selling and offshore manipulation of American companies.

Again, this is all speculation but seems to make sense to me…If in fact what I say is only partially true then we are in for one hell of a ride and all I can say is – prepare to be astonished.

Posted by VNGNTN1 on :

OK Guys that's a disconnect!
He is not "comfortable" making a pick, but can hammer everyone on everything ?
I would be intrested in a short expose on how Europe and or the new EU is addressing trading.
VAN

[This message has been edited by VNGNTN1 (edited July 23, 2004).]

Posted by Brad on :

Latest from Zen

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

TWO POINTS TO MAKE

1. First some perspective. If all we suspect comes true, Urban will have pulled off one of the biggest financial coups in history, transforming from a .0004 stock to a mining force. Now for those that are impatient and want this to happen TOMORROW, I want to bring back some perspective. Roger signed on June 4 according to the PR. We are at July 23. I am IMPRESSED that we already have hard deadlines set for August 20 and August 31 on the dividends. This is moving at LIGHTNING, BREATHTAKING PACE. To those that are impatient and feel like the company is tortoise-like in its moves, I believe that the fact that all of this will likely conclude (or at least be mostly concluded) within a 3 month time frame from Roger's signing on is NOTHING SHORT OF ASTOUNDING. If we are right, we are talking about one of the most extraordinary, history-making, jaw-dropping events in the mining world and in the financial markets themselves. Everybody crying "why don't they just tell us the OS????" needs to step back and understand just HOW COMPLEX this behemoth of a puzzle is and how we simply MUST trust in Roger and Edwards Angell to handle this appropriately. The fact that we are going to have resolution within 3 months is a BARGAIN. It is FACT that we must have the OS by August 20 since they cannot place dividend shares in our account without the proper ratio (which can only be determined based on OS). PLEASE step back and take in some perspective whenever you feel like this is not moving quick enough. Relatively speaking, we are moving at LIGHT SPEED. Those that are not attorneys perhaps do not understand the inordinate amount of time necessary to document, research, back up, justify and support EVERY move that is being made here. Roger signed on June 4. It is now July 23rd. We should know the OS by August 20. Things should all be into place IMO by August 31. This is obviously not a one contract deal. There are obviously SIGNIFICANT pieces in place ALL of which must be addressed with time and great scrutiny. Please just keep the above in mind.

2. I STILL have a vehement disagreement with Urban being at these race events and in contact with shareholders. I am reluctantly resigned to acknoledging that this will simply be the way it is. That having been said, all I can say is to PLEEEEEEEEEEEEEEEEEEEASEEEEEEEE remember what I posted before. None of this "Urban said" garbage. If you hear or see others do it, slap them. Qualify anything and everything from the race with IMO or "I believe" or any other appropriate disclaimers. Somebody please post this on RB so that others there can see it.

I have no idea when the next PR is coming but I suspect soon. August 20 is rapidly approaching and I suspect that we will find out more details about how all this will work on an expedited basis at this stage. Good luck to us all and to us making history.

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 HarryHar on :

Did anyone that read the article about "Cannibals" consider the chance that Urban may be working with a "Cannibal" here? If they were working together, Urban would have an "insider" to market making working on his team to squeeze the other market makers. Being that the company owns rights to the minerals under 1.4 million acres, and with the evidence of hundreds of identified anomolies, Urban could in theory have teamed up with one market maker to become the "cannibal" in possibly the first multi-million or billion dollar case of Cannabalism in history, with Roger over seeing the whole thing... Does anyone remember where that article came from? Just a thought...

Posted by Upside on :

Brad,
One question regarding your theory. CMKX, had a name change (from CMKM to CMKX) and new CUSIP number assigned to it in March of this year. I'm not an expert in these matters but that is supposed to expose any short position there is as new certificates with the new # have to be issued. Why didn't it expose the massive short position then or is this just a recent development?

Posted by timberman on :

Could someone please explain to me why its so hard to know the amount of shares issued. I mean shouldnt there be records somewhere that says this number of shares issued on this date and on that?

Posted by mizzou7 on :

Anyone see this today...

Jul 23, 2004 (financialwire.net via COMTEX) -- (FinancialWire) Buyers and sellers of CMKM Diamonds, Inc. (OTC: CMKX) stock may be beginning to wonder who will be delivering their shares, according to Stock Patrol (http://www.stockpatrol.com), which partners with Investrend Information's (http://www.investrendinformation.com) Investor Resource Center.

StockPatrol had already identified the company as the all-time champion in terms of authorized shares, and said it may be on the road to becoming the first trillion share company.

StockPatrol.com stated:

At 9:56 pm on June 29, 2004, CMKM announced that it had engaged a new transfer agent, Pacific Stock Transfer Company of Las Vegas, Nevada.

At the time, the Company said that it was "looking forward to working with [Pacific Stock Transfer and] confident that Pacific Stock Transfer will process transactions in the Company's stock accurately and quickly.

On July 2, 2004, StockPatrol.com contacted Pacific Stock Transfer seeking to learn just how many of CMKM's 500 billion authorized shares had been issued. We were told to call back on July 6th, when the appropriate party would be available. When we called again on July 6th we were advised instead that Pacific Stock Transfer had ceased to act as CMKM's transfer agent as of 2:15pm on July 1st.

CMKM's relationship with Pacific Stock Transfer had lasted less than two days.

On July 8, 2004, CMKM issued a press release announcing simply that 1st Global Stock Transfer had been re-engaged as the Company's transfer agent. We contacted 1st Global to inquire about the number of outstanding shares, but were advised that only the Company can provide that information.

Will the relationship with 1st Global last this time around? The Company's principals may be hedging their bets?

On July 1, 2004, the same day the Pacific Stock Transfer association was dissolved, the "Desert Stock Transfer Company" was formed in the State of Nevada. The President, Secretary and Treasurer of Desert Stock Transfer? Urban Casavant, the President of CMKM, StockPatrol.com concluded.

For up-to-the-minute news, features and links click on http://www.financialwire.net

FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on http://www.investrend.com/contact.asp

Posted by TradingWizard on :

Yes we did, I think on page 18 or 19

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

Posted by Brad on :

quote:
Originally posted by Upside:
Brad,
One question regarding your theory. CMKX, had a name change (from CMKM to CMKX) and new CUSIP number assigned to it in March of this year. I'm not an expert in these matters but that is supposed to expose any short position there is as new certificates with the new # have to be issued. Why didn't it expose the massive short position then or is this just a recent development?

Which theory is that Upside? I'm short on theories. You may be talking about a repost of something I picked up from another board.

Posted by Upside on :

Sorry Brad, you're right. I thought your post from earlier (the one that starts out with you being on a plane all day) was actually your theory. My apologies again!

Posted by Brad on :

No sweat Upside.

Posted by thinkmoney on :

oh dear, richness is back,
this is a free country so the moderators should have kept him removed.
Ever since he has been back just idiotic posts.
I wish the member here would not respond and argue with richness because then you are just like him. Ignore works wonders.
Did I have to read all the garbage about richness

I will not address richness again, but this tiem, if you dont like CMKX move on.
Others, you support it when you give it attention.

apparently, some kids can only get negative attention sice they didint get th positive when growing up.

all they kknow is negative. so iwonder if i have to read thru so much trash jsut because richness is back on.

why the heck is he back on?

Posted by Wallace#1 on :

VAN,

How's this for a pick? CMKX Here's another. CIM LMAO

Seriously, under the circumstances, I doubt if I would give a pick either.

Posted by tradingpennys on :

Glad to see you back richness!
You mention about someone wanting to see the property in Canada.
This afternoon I was thinking the same thing. If I could afford it (and out of curiousity), I would hire that Co. that did the fly over for CMKM. That way you would see EXACTLY what we were promised by Melvin we could see pictures of. (of course we haven't seen squat). It would save alot of driving around the country side!! lol

Posted by Wallace#1 on :

Yes, WELCOME BACK richness!!! Don't let them get to you.

By the way, has anyone heard anything about D Roger Glenn? Where the h*ll is he? He wasn't even mentioned in the release re UCAD.

Posted by bill1352 on :

i think we all might be making a mistake thinking that the o/s will be announced aug 20th or even aug 30th...all the pr said was that stockholders of that date would get shares..there is no need to say anything about the o/s till whatever date they decide to place them in our accounts. they know the o/s right now so to split the shares up is not a problem. the post from zen says it has to be announced then..i don't see why. heck all they have to do is put then in our accounts, ya know they might be reading these soap opera boards and have bets going on the figureing and geniusus say they know the o/s because 15 shares times this divided by that times pie equals this....come to think of it that might be a fun way to do it..sure would give us something to talk about other then whos a moron & who isn't

Posted by JBCak47 on :

Money P-Daddy wrote: "Allright, John, I admit I still have less than you (2.5 million) . But my kids own about another 1.5 million, does that count, LOL. I feel good though about buying at 0.0004 today. It was a sale indeed!
"

yes that qualifies My parents also own 800k shares, of that my dad has 600k, my Mom 200k... lol...

It's going to be a quiet night, not like last week,lol...

-John-

Posted by Wallace#1 on :

What I cannot figure out is how they will determine who will get the dividend if there was a lot of naked short selling.

Here's the way I am looking at it:

Let's say, for example, there are 500 shares authorized. Out of that 500 shs, say 400 shs are issued and outstanding.

Now suppose UC owns 250 of the 400 issued and outstanding. That would leave 150 shs as a public float. Now, if there were an additional 50 shs naked shorted (not covered), wouldn't the DTC show a total of 200 shs in the public float?

If that is the case (200 shs pub. float, 50 of which are naked), the DTC will not know which are valid and which are naked.

Then, when the Transfer Agent contacts the DTC for a breakdown of all the holders of shares (bear in mind these would be "street name holders since the TA would already have the names of holders with physical certificates), the DTC would pass them a broken down total of 200 shs in the names of x-broker, y-broker and z-broker.

Would the naked shares be specifically identified...I don't think so, but maybe I am wrong. Any comments?

Posted by tradingpennys on :

I dont think Glenn is around. Several past Pr's have not mentioned him. Remember how he "took hold" after he was hired. That only lasted ... what 2 PR's. Kinda like how thier TA's last! LOL

Posted by bill1352 on :

wallace...i dont think the dtc, the mm's or anyone other then UC & the lawyers know how many shares UC & insiders own. remember his wife, brother (whoever that other casivite is) all have had and probably added to shares. if UC is so sure there is naked shorting and really if it turns out true i believe its because of insiders buying while on pink sheets and not declaring what they own. also just a thought there were prs about retiring shares maybe he increased the a/s just to set up the naked shorting mm's i've always had the idea UC had a conman streak in him, jacking the a/s to the roof and then not authorizing them sure would set the mm's up. either way the ucad shares go to all o/s even insiders

Posted by Upside on :

Interesting question Wallace. If you assume the naked short theory is correct, how would they know which ones were naked and which were real. Do brokerage houses have x amount of shares in inventory and anything over and above that amount would be naked shorts? Even if that was the case though, if they're all in street name, who would get the dividend and who wouldn't?

Posted by Grasshopper on :

Wow, c'mon TP! I would have thought that by this point the last thing being called into question would be the 1.4 million acres in mineral rights that WE currently own. Deosn't the fact that UCAD traded us 35.25 million dollars (as of todays PPS) for 5% of our mineral rights mean anything to you!?!

Bill, I am totally new to most of this and I'm trying to comprehend what the heck is going on.....When the company (CMKX) declares a dividend that is payable to all shareholders registered as of a certain date (in this case Aug 20th) wouldn't the shareholders legally be entitled to know exactly how many shares they are being rewarded with, even if the actual payout date is still unknown??? I have a difficult time imagining a company being allowed to announce such a thing without having some kind of accountability....

Posted by bill1352 on :

if this whole thing plays out to there really is a huge naked short and mm's are running the pps to cover and UC has been playing them like a fiddle i'd first be shocked, second tip my hat to him and third put my boot where the sun don't shine because he could have used all that energy into finding the diamonds

Posted by Wallace#1 on :

Up,

Re your post immediately above, that is exactly my point. How would they know who was really entitled to the dividend?

Re your earlier post about the name chg and the CUSIP number, I don't think that would do a thing. Shs in street name would not need or require new certifs. Physical certifs in the old name would still be valid...only if they were turned back in for the changes would the new ones be reissued.

Correction: Shs in street name would be not require changes either.

[This message has been edited by Wallace#1 (edited July 23, 2004).]

Posted by bill1352 on :

according to the deal those shares are restricted for 1 yr and it never said when it was payable. if my boss says he is giving me a 10% bonus finders fee for a job and that i'll get paid when he does how do i know what that 10% is until i see the check unless he decides to tell me the total job cost. do i have a right to know even thought its a bonus and not a part of any binding agreement?...remember cmkx is not reporting and this is legal. these shares are a bonus and not a part of what we bought when buying into cmkx. unless they plan on becoming a reporting company i don't think they will just announce the o/s withouty all the rest of the info like the insiders shares and financial info

Posted by Highwaychild on :

quote:
Originally posted by Wallace#1:

What I cannot figure out
Here's the way I am looking at it:
Let's say.
Now suppose
I don't think so, but maybe I am wrong.
Any comments?

HA HA HA
Yep,
So what your tring to say is CMKX, bad.
I got you the first time.
I can see why daytraders hate 'em,It's a daytraders nightmare.It will take time for CMKX to pay off.One thing they don't have...is time.
But me, I got all the time in the world and at the same time make it a better place(the world).I'm a construction surveyor.
The money is alot more steady then the penny market.HA HA HA,but not near as fun.
Good luck everybody.

Posted by bill1352 on :

they might not know who owns naked and who owns real shares...i don't think it would end up mattering because legally our brokers send out confirmations of our buying shares. this means they guarenty we own shares. whoever sold nakes shares would have shareholders, brokers, the sec and media all over them...can you imagine the lawyers coming out of the woodwork looking to sue?

Posted by Wallace#1 on :

highwaychild,

My post had nothing to do with CMKX being bad or good.

Posted by Acherontia styx on :

I've been following this thread with much interest for awhile now and wanted to finally contribute. I have an equation that may allow shareholders to roughly determine the O/S count once the share dividends are distributed. Please correct me if I'm wrong in my thinking. Equation:

X(Y)/Z = O/S count

X = Number of total shares held by you. (Exp. 1,000,000)
Y = Number of total shares involved in the dividend. (Exp. 7,500,000 UCAD)
Z = Number of total shares you received through dividend. (Exp. 25)

Because I don't know how stock dividends are paid if there is naked shorting, I can't offer another equation, so in my view, this is only good if there is no N.S. What do you think?

Posted by bill1352 on :

i dont really buy this naked short theory i think the o/s is huge but these last to moves make you wonder because they are set up with 2 things...first ucad has almost no shares in the market as a whole, this deal almost doubles their shares,...second cim can not be bought to cover any naked shares if as of aug 31st there are naked shares in the market...why do this and with those types of shares if somebody wasn't real sure there were huge amounts of naked shares

Posted by Upside on :

Wallace,
To my understanding, and please correct me if I'm wrong, when I buy shares through my broker (ameritrade) and they are held in street name, ameritrade has to register x amount of shares in my name in their books to prove that I'm the owner, then within a specific time period their share count is reported to the transfer agent. I'm assuming this is the case for each and every broker out there. If so, wouldn't there actually be a record of every legitimate shareholder out there? Granted it might be a nightmare to gather this information but theoretically at least it should be possible.

Posted by bill1352 on :

thats true styx...i'm sort of hoping that one day i see ucad in my account without a pr about the o/s...can ya see this board that day?...be a very interesting posting day

Posted by Upside on :

Acherontia,
That's the formula we're all going to use if /when those shares show up in our accounts. By the way, your real name wouldn't happen to be Diego would it?

Posted by Wallace#1 on :

Remember in my example, we were presupposing 50 naked shares. If the TA says there are only 150 shs out there (in public float), just who is going to come up with the 50 naked shs you and I bought? The TA? No! The Co? No! Your broker? How? They do not exist.

Posted by bill1352 on :

my lawyer...i hope...lol

Posted by Upside on :

Wallace,
Ok, in your example there are 50 shares out there that don't exist right? But, of the 150 legitimate shares that do exist, is there no way to tie those 150 shares to the legitimate holders? You know what, never mind, I just figured it out. All 200 shares even the 50 naked will have someones name tied to them.

Posted by Highwaychild on :

Okay,UCAD is @$4.70 and CMKX is @$0.0004.
If they were to do a merge would the pps be $2.3502?Would that would be the average?

[This message has been edited by highwaychild (edited July 23, 2004).]

Posted by Wallace#1 on :

Up,

Now, we're getting into an area of which I am not 100% sure. My understanding, is that, unless someone in that public float demands (asks) for their physical certificate, it is merely an electronic entry on the DTC's records under the name of the broker (meaning street name). Even with a split, I believe what happens is that shs are credited to a broker's particular account with the DTC and then the broker credits the shareholder's account. It's possible, but I doubt if physical certifs are moved around. I am just not sure how these functions are accomplished and am basically guessing here.

Talk to you later...

Posted by JBCak47 on :

I dated a Spanish girl... I understood like 35% of it

I got the jist of it...heheheheh....

No negoiations...lol...

-John-

Posted by tradingpennys on :

Grasshopper
Member posted July 23, 2004 22:52
--------------------------------------------------------------------------------
Wow, c'mon TP! I would have thought that by this point the last thing being called into question would be the 1.4 million acres in mineral rights that WE currently own. Deosn't the fact that UCAD traded us 35.25 million dollars (as of todays PPS) for 5% of our mineral rights mean anything to you!?!
_____________________________________
That 35.25 Million is only the value on paper, nothing more. UCAD has in thier bank account I think a total of $408.00 dollars.

Posted by Upside on :

originally posted by dodga:

quote:
eu desejo a todos muitos sorte e sucesso. Eu amo meus povos do companheiro com todo meu coração e desculpo-me sincerely se qualquer offended por minha conversação mais adiantada com moedas de um centavo negociando e Wallace#1. O Deus Bless América

Huh?

Posted by Acherontia styx on :

That's good to know my formula could potentially work. I never saw anyone remark about it before, and wanted to check. You never know, maybe it could have been different in this case.

Upside: Sorry, but my real name isn't Diego. It must just be coincidence if you're connecting my username with someone. I'm a fan of The Silence of the Lambs and got the name from that.

Posted by Upside on :

It did come from your user name but it's from an obscure Italain CD I used to have.

Posted by tradingpennys on :

Looking back at past PR's I am wondering what the results were on some of these PR's that mention drilling.
Like this one for instance -
Story:

Diamond driller targets Weirdale...READ READ READ...

BARRY GLASS/Daily Herald

Saturday, February 21, 2004

A small company has made big plans for diamond exploration work in the Prince Albert region this year.
Casavant Mining Kimberlite International recently announced it purchased its own drill rig and received financing to get started.

The company holds mineral claims to more than 1.4 million acres in the province in an area stretching from north of Candle Lake down to St. Louis.

“We anticipate to start drilling up by Weirdale,” said company president Urban Casavant.

Weirdale is 58 kilometres northeast of Prince Albert and close to the Fort à la Corne claims of other companies drilling for diamonds.

Casavant Mining’s drilling program should begin within a month or so.

“It’s going to be an aggressive program,” said Casavant.

“We figure if we have no problems we can drill a hole a week.”

He wants to drill several properties over the next two years at a cost of about $10 million.

The company announced Friday a longtime individual investor in the company has put in $1.8 million US with a pledge of another $3.2 million US upon completion of a feasibility study and core sampling results.

Casavant Mining is a Las Vegas-based company publicly traded in the over-the-counter securities markets.

Being located in the United States gives the company access to the money needed for its planned drilling, said the president.

He said once people know how much work is involved in diamond exploration, they understand what it takes to get a mine into production.

“It takes money and money and money and a little bit of luck,” he said.

The company also has interests in property near Green Lake, 180 kilometres northwest of Prince Albert.

Casavant Mining will use an outside contractor for drilling in that area so its own rig can stay in the Fort à la Corne region.

Casavant said he’s happy to be at this stage.

“I’ve been at this prospecting and claiming land for about 15 years now,” said the self-taught prospector. “So I’ve been chasing this for a long time, and it’s finally all going to come together.”

The company is involved with many other companies in joint ventures in the area, he said, adding it also hope to do aerial survey work in the near future.

________________________________________
1. “We anticipate to start drilling up by Weirdale,” said company president Urban Casavant.
*What was the result?

2. “It’s going to be an aggressive program,” said Casavant.
*So aggressive they are too busy to file!

3. “We figure if we have no problems we can drill a hole a week.”
*Okaaay... where are all these holes? And what was found? Alot of WEEKS have past!

4. The company also has interests in property near Green Lake, 180 kilometres northwest of Prince Albert.
*Is this the same parcel as the zinc?
If so it then we already have interests in that other Casavant co.

5. The company announced Friday a longtime individual investor in the company has put in $1.8 million US with a pledge of another $3.2 million US upon completion of a feasibility study and core sampling results.
*Who is/was & did we lose this investor because the core samples sucked?

6. Casavant Mining will use an outside contractor for drilling in that area so its own rig can stay in the Fort à la Corne region.
*And how much will this cost?
______________________________________
I too have a feeling CMKM reads these boards, If I were in thier shoes - I know I would. It seems when we are all screaming for PR's at once they cough up something. Not what we want just something to try and pacify until they try and lock us in with these weak and untradable stock dividends. Cash dividends would be a hell-of-alot more appealling.

If this company is in fact drilling I would rather the money be reinvested in to the drilling program. Instead they are out there trying to pump this already VERY well known stock in race cars. Unless of course they had dumped ALOT of shares.

The promo has NOT affected the increase in shares sold. As a matter of fact over the past week I have been noticing a slight decline day by day.

Posted by tradingpennys on :

Out of curiousity does anyone know the age of Urban Casavant?

I want to check it against some info. I have been sitting on the past couple weeks.

Posted by tradingpennys on :

CFO "Dave" Desormeau - I dug up some information under "DAVID" Desormeau which shows legal files of some illegal dealings.

COMMONWEALTH OF KENTUCKY
NELSON CIRCUIT COURT
NO. ___03-CI-00190_____
COMMONWEALTH OF KENTUCKY ex rel.
ALBERT B. CHANDLER III, ATTORNEY GENERAL
PLAINTIFF
VS. COMPLAINT
B & B WORM FARMS, INC.
RR1 BOX 163B
MEEKER, OK 74855
Serve: Secretary of State
Registered Agent:
David Desormeau
1603 Mowbray Ct
Henderson NV 89014
and
LYNN BRADLEY, Individually
DEFENDANTS
RR1 BOX 163B
MEEKER, OK 74855
Serve: Secretary of State
* * * * * * * * *
Comes the Plaintiff Commonwealth of Kentucky ex rel. Albert B. Chandler III, Attorney
General, and for its claim for relief states as follows:
I. Parties, Jurisdiction, Venue
1. Plaintiff Albert B. Chandler III is the duly elected Attorney General of the
Commonwealth of Kentucky and is authorized by KRS 367.817 and KRS 367.190 to bring this
action in the name of the Commonwealth. The Attorney General has reason to believe that the
Defendant is using, has used, or will continue to use acts or practices described by KRS 367.170
and KRS 367.805 to be unlawful. The Attorney General has determined these proceedings to be
in the public interest.
2. Defendant B & B Worm Farms, Inc. (hereinafter “B&B”) is a Nevada
Corporation with a business address of RR1 Box 163B, Meeker, Oklahoma 74855 and, as more
fully set forth hereafter, has engaged in the practice of selling or offering to sell business
opportunities throughout Kentucky including but not limited to Nelson County without
registering with Plaintiff or posting surety bond as required by law. Accordingly, jurisdiction
and venue are proper pursuant to KRS 367.190 and KRS 367.817.
3. Upon information and belief, Defendant Lynn Bradley is the acting President,
Secretary, Treasurer and is a Director of Defendant B&B and has an address of RR1 Box 163B,
Meeker, Oklahoma, 74855.
4. Service is through the Secretary of State pursuant to KRS 454.210.
5. Claims stated against Defendant arise from the transactions of business within the
Commonwealth of Kentucky.
II. Conduct
6. Defendant B&B through its late President Greg Bradley and his wife, Defendant
Lynn Bradley and others, have offered for sale to Kentucky consumers and farmers a “business
opportunity” as defined in KRS 367.801(5). The business opportunity involves the sale by
Defendants of live worms to investors who pay a required minimum consideration in excess of
$500.00 and execute a contract with B&B, an example of which is attached hereto as Exhibit A
and incorporated by reference.
The essential terms of the contract include the following provisions:
A. A minimum required purchase price paid by the consumer/farmer in the range of
$2,000.00 to $60,000.00 in exchange for a large number of “breeder worms”;
B. A “buy back” policy in which B&B commits to purchase any amount of live
worms per month from the consumer/farmer (minimum of 100 lbs.) at a
guaranteed minimum price ranging from $7.00 to $9.00 depending on the
contract.
7. Defendants, their agents and employees have represented, directly or indirectly,
that they have knowledge of the market and market demand will enable the consumer/farmer to
earn a profit from the business opportunity.
8. Defendant has failed to register with the Attorney General as a business
opportunity and provide the information required by KRS 367.805 (see affidavit of Angela M.
Rhodes, attached hereto as Exhibit “B” and incorporated by reference). Therefore, a business
opportunities registration number has not been assigned to Defendants and such could not be
displayed in any advertisements.
9. Defendants has failed to furnish to the Attorney General the bond required by
KRS 367.815 prior to offering for sale a business opportunity (see Rhodes affidavit, exhibit “B”
hereto)
10. Defendants were aware of the requirement to register and bond with the Attorney
General as there had been correspondence from the Attorney General. Nevertheless, Defendants
but sold hundreds of contracts to Kentucky consumers in willful disregard of the law. (see
Rhodes affidavit, exhibit “B” hereto).
11. Upon information and belief, Defendants have sold to more than 561 Kentucky
consumers and possibly as many as 800 or 900.
12. Upon information and belief, Defendants have made false, misleading and or
deceptive representations concerning the business opportunity which have been relied upon by
consumers/farmers who have paid Defendants to participate in the business opportunity
including the following:
A: That Defendants have obtained commitments or contracts for the sale of
worms to “end users” other than other consumers/investors sufficient to
provide financial resources to honor their commitments to all
consumers/farmers that entered into contracts with Defendants, when in
fact the only purchasers of other worms appear to be other
consumers/farmers or to be extensions of B & B but not independent end
users.
13. Upon information and belief, Defendants induced consumers/investors into
buying worms by offering to paid a commission to any enrolled worm grower who
referred another Kentucky consumer who signed a contract. The commission was
approximately 10% of the amount paid by the new enrollee to Defendants. Such
payment for referral of additional purchasers is illegal pursuant to KRS 367.350.
III. Violations of the Consumer Protection Act
14. Paragraphs 1-13 are incorporated herein.
15. KRS 367.805(1) states:
It is unlawful for any person to engage in the sale of
business opportunities unless prior to the offering the
offeror has registered with the [consumer protection]
division and has furnished a bond pursuant to KRS
367.815(2) and provided all of the following [registration
information] . . .
16. KRS 367.170 provides that “Unfair, false, misleading, or deceptive acts or
practices in the conduct of any trade or commerce are hereby declared
unlawful.”
17. KRS 367.350 states:
With respect to a credit sale, cash sale or lease to a
consumer, the seller or lessor may not give or offer to give
a rebate or discount or otherwise pay or offer to pay value
to the buyer or lessee as an inducement for a sale or lease in
consideration of his giving to the seller or lessor the names
of prospective purchasers or lessees, or otherwise aiding
the seller or lessor in making a sale or lease to another
person, if the earning of the rebate, discount or other value
is contingent upon the occurrence of an event subsequent to
the time the buyer or lessee agrees to buy or lease. If a
buyer or lessee is induced by a violation of this section to
enter into a cash or credit consumer sale or consumer lease,
the agreement is unenforceable by the seller or lessor and
the buyer or lessee, at his option, may rescind the
agreement or retain the goods delivered and the benefit of
any services performed, without any obligation to pay for
them.
18. The conduct of the Defendants described in paragraphs 6 through 13
above is in violation of KRS 367.805(1) and such violation is willful as Defendant knew
or should have known of its obligation to register and post a bond but failed to do so.
19. The conduct of the Defendant described in paragraphs 6 through 13 above
is unfair, false, misleading, or deceptive in violation of KRS 367.170 and such violation
is willful as Defendant knew or should have known of its obligations to register and post
a bond but failed to do so and knew or should have known that the representations made
to consumers/farmers were false, misleading and/or deceptive; and knew or should have
know that referral commissions were illegal.
WHEREFORE, Plaintiff respectfully requests the Court to grant the following
relief:
A. For a judgment that Defendant has engaged in the conduct described in
paragraphs 6 through 13 of the Complaint and that such conduct is in willful violation of
KRS 367.805; in willful violation of KRS 367.170; and in willful violation of KRS
367.350
B. For a restraining order, temporary injunction, and permanent injunction
restraining and enjoining Defendant, directly or indirectly, its agents, employees, and any
and all others acting in active concert or participation with it from selling or offering to
sell business opportunities to consumers/farmers in the Commonwealth of Kentucky
unless and until such time as Defendant has registered with the Attorney General and
provided the information required by KRS 367.805, has displayed the registration
number on all advertising as required by KRS 367.809, and has posted the surety bond as
required by KRS 367.815(2);
C. Pursuant to KRS 367.990, that a civil penalty be assessed against the
Defendant in the amount of $2,000.00 for each willful violation of KRS 367.170;
D. For cancellation of any contracts for sale of a business opportunity made
in Kentucky and return of funds to consumers pursuant to KRS 367.819 and 367.816(6)
at the election of each consumer/farmer who entered into any such contract and elects to
cancel their contract and seek a refund;
E. For court costs expended by Plaintiff, including costs of investigation and
reasonable attorney fees; and
F. For all other relief to which Plaintiff may be entitled.
RESPECTFULLY SUBMITTED
ALBERT B. CHANDLER III
ATTORNEY GENERAL
Wanda R. Delaplane
Assistant Attorneys General
Consumer Protection Division
1024 Capital Center Drive
Frankfort, KY 40602
(502)696-5389

___________________________________
Looks as though he had to pay out approx. 1,800,000 in fines! whew!
And this guy is our CFO. wow.

Posted by tradingpennys on :

Take notice of Dave's address in the court action and this filing are the SAME! Same person... same address. Interesting they would use the name "dave" instead of David of which I am sure is his birth name.
____________________________________
Name: CASAVANT GOLF COMPANY
Type: Corporation File Number: C184-2003 State: NEVADA Incorporated On: January 06, 2003
Status: Default Corp Type: Regular
Resident Agent: DAVID DESORMEAU (Accepted)
Address: 1603 MOWBRAY CT
HENDERSON NV 89014-

President: URBAN CASAVANT
Address: 30 PRINCIVILLE CT
LAS VEGAS NV 89113-

Secretary: DAVID DESORMEAU
Address: 1603 MOWBRAY CT
HENDERSON NV 89074-

Treasurer: DAVID DESORMEAU
Address: 1603 MOWBRAY CT
HENDERSON NV 89074-

Posted by tradingpennys on :

Another good read - About a Diamond mine stock fraud. Simularities? Interestingly enough!

ZERO DEGREES OF SEPARATION – THE LAST HURRAH?, PART I

DIAMONDS AND DUST – TEODOSIO PANGIA’S JOURNEY FROM ENVIRONMENTAL SOLUTIONS WORLDWIDE, INC. (OTCBB: ESWW) TO DIAMOND DISCOVERIES INTERNATIONAL CORP. (OTCBB: DMDD).
http://www.stockpatrol.com/schlock/articles/zero4.html

Posted by goforit72545 on :

quote:
Originally posted by tradingpennys:
Another good read - About a Diamond mine stock fraud. Simularities? Interestingly enough!
ZERO DEGREES OF SEPARATION – THE LAST HURRAH?, PART I
DIAMONDS AND DUST – TEODOSIO PANGIA’S JOURNEY FROM ENVIRONMENTAL SOLUTIONS WORLDWIDE, INC. (OTCBB: ESWW) TO DIAMOND DISCOVERIES INTERNATIONAL CORP. (OTCBB: DMDD).
http://www.stockpatrol.com/schlock/articles/zero4.html

Maybe you better go to Sterlings class and tell everyone about your finds. I'm sure the people there would appreciate all your hard work. LOL. Get lost dumper scum bag.

goforit

Posted by pharmdman on :

quote:
Originally posted by will:
... I don't know who the bigger pain in the ass is, the scab or the ones who pick it.

As a scab-picker, I'd have to vote for the scab!

Posted by pharmdman on :

quote:
Originally posted by JBCak47:
...Where is Pharm? Working? lol when does he work!!! lololol!!!
...

JB, I wasn't working, I was at Universal's Islands of Adventure yesterday.... it was hot and crowded!

I work graveyard shift, but I'm off every other week. That means, I'll be sleeping next week during the day when richness finds a way to get banned again. LOL

BTW, everyone,... richness wasn't banned for saying negative things about CMKX. He was banned because he's a fraud who's accidentally shown his true colors a few times. Just some food for thought.

Posted by Highwaychild on :

TP,
All I see is swayed info. from you up there, mostly not even about CMKX,just bashing one person that works there.
Do you think officials arn't watching them if there as bad as you say they are?
Yet,CMKX is still moving forward.
I'm sure anybody playin' CMKX play it for the tremendous upside.
You know,the early stages of a diamond mining co. getting a foothold in the world.

[This message has been edited by highwaychild (edited July 24, 2004).]

Posted by will on :

Hey pharm, you old scab picker, how are ya? I think I need a break from this thread, nothing but bullsh|t and nonsense going back and forth seeing that no one knows nothing. Can everyone say sideways .0003 to .0006 until diamonds are found or O/S are reported. Then is it's up if there is a managable amount of O/S, (which I doubt), or diamonds are found, or down if there are 400B / 500B O/S. Y'all better be praying for diamonds. Until then I have to put up with this nonsense for another month. "It's a scam, I tell ya" , "No, Urban is a genius, I tell ya" , "Roger Glenn worked a miracle, I tell ya" , "Roger Glen died in a stock fraud accident in Kentucky, I tell ya" , "Mt St Helena, I tell ya" , "Diamonds big enough for a flea's ring, I tell ya" , "A trillion naked shorts, I tell ya" , "Why would they short a .0001 stock".
Just let the PPS go up or find some godamn diamonds, so I can quit reading this crap.

Posted by Highwaychild on :

Now that's keepin' it real, Will.HA HA HA.

What I am waiting on...
1. Diamond core samples
2. O/S
3. What the h*ll is going to happen w/ CIM
4. I really hate to say it,prove bashers wrong(but it last on my list.He He.

Posted by goforit72545 on :

quote:
Originally posted by will:
Hey pharm, you old scab picker, how are ya? I think I need a break from this thread, nothing but bullsh|t and nonsense going back and forth seeing that no one knows nothing. Can everyone say sideways .0003 to .0006 until diamonds are found or O/S are reported. Then is it's up if there is a managable amount of O/S, (which I doubt), or diamonds are found, or down if there are 400B / 500B O/S. Y'all better be praying for diamonds. Until then I have to put up with this nonsense for another month. "It's a scam, I tell ya" , "No, Urban is a genius, I tell ya" , "Roger Glenn worked a miracle, I tell ya" , "Roger Glen died in a stock fraud accident in Kentucky, I tell ya" , "Mt St Helena, I tell ya" , "Diamonds big enough for a flea's ring, I tell ya" , "A trillion naked shorts, I tell ya" , "Why would they short a .0001 stock".
Just let the PPS go up or find some godamn diamonds, so I can quit reading this crap.

Get lost. your a poor excuse for a basher.

goforit

Posted by TruthTeller on :

The bashers/losers have more than you

quote:
Originally posted by Money_Penny:
Allright, John, I admit I still have less than you (2.5 million) . But my kids own about another 1.5 million, does that count, LOL. I feel good though about buying at 0.0004 today. It was a sale indeed!

Posted by will on :

....and you my friend are no better than richnessforpukeface, you don't know what your talking about either. All you have is a different end of the rope. You too are a scab on the ass of humanity.

quote:
Originally posted by goforit72545:

Get lost. your a poor excuse for a basher.
goforit

Posted by goforit72545 on :

quote:
Originally posted by highwaychild:
Now that's keepin' it real, Will.HA HA HA.
What I am waiting on...
1. Diamond core samples
2. O/S
3. What the h*ll is going to happen w/ CIM
4. I really hate to say it,prove bashers wrong(but it last on my list.He He.

You were on qbid board a while back bashing that one. You must have a very low self esteem to make a living being a loathsome paid off bashing scab. Go get a real job jerk

goforit

Posted by TruthTeller on :

All can be summed up in one line

We have too less to lose and too much to gain

quote:
Originally posted by highwaychild:
Now that's keepin' it real, Will.HA HA HA.
What I am waiting on...
1. Diamond core samples
2. O/S
3. What the h*ll is going to happen w/ CIM
4. I really hate to say it,prove bashers wrong(but it last on my list.He He.

Posted by will on :

....and all the speculation, supposition, conjecture, opinions, are not going to change the facts, and the facts of this case are not known and yet to be presented and proven.

quote:
Originally posted by TruthTeller:
All can be summed up in one line
We have too less to lose and too much to gain

Posted by goforit72545 on :

quote:
Originally posted by will:
....and all the speculation, supposition, conjecture, opinions, are not going to change the facts, and the facts of this case are not known and yet to be presented and proven.

Man you are really a piece of work. Go away you aren't fooling anyone. Quit taking up space for people who really want to get input into this company.

goforit

Posted by Highwaychild on :

I have never ever posted on any QBID thread.

And I'm not bashing CMKX, I seriously am waiting on what I wrote above.

Posted by TruthTeller on :

I agree Will.
I got in at 0002, have 5M. The chance of losing $1000 is very lass than making $1000. I already did in the past and I think we will do it again in the future IMO.
All this bickering, name calling will continue until CMKX reaches 0010+ or 0000.

Just wanted to add this.. sad (or funny??) part is people with nagative thoughts are holding this (not selling).

quote:
Originally posted by will:
....and all the speculation, supposition, conjecture, opinions, are not going to change the facts, and the facts of this case are not known and yet to be presented and proven.

[This message has been edited by TruthTeller (edited July 24, 2004).]

Posted by tradingpennys on :

hey goforit,

put up or STFU!

Posted by will on :

I'm not negative, Teller, just a realist that recognizes opinions favorable or unfavorable mean little. No one can prove their arguement, because the company has not released the facts.

quote:
Originally posted by TruthTeller:
I agree Will.
I got in at 0002, have 5M. The chance of losing $1000 is very lass than making $1000. I already did in the past and I think we will do it again in the future IMO.
All this bickering, name calling will continue until CMKX reaches 0010+ or 0000.
Just wanted to add this.. sad (or funny??) part is people with nagative thoughts are holding this (not selling).

[This message has been edited by TruthTeller (edited July 24, 2004).]

Posted by TruthTeller on :

Will,
I was talking about the people who never had anything possitive about CMKX. Always post nagative stuff more than once every day.
I am signing off now, have a nice weekend everyone.

quote:
Originally posted by will:
I'm not negative, Teller, just a realist that recognizes opinions favorable or unfavorable mean little. No one can prove their arguement, because the company has not released the facts.

Posted by Brad on :

It's worth posting the link to The Bashers Handbook again for the new people that may be reading this board. I'm not calling anyone a basher but you can read it and make up your own mind.
http://www.messageboardfools.com/bashers.htm

Here's a few excerpts that you may find particularly interesting right now. Note # 27.

Lesson 1: Remember, BASHERS NEVER Bash A BAD STOCK.

Lesson 2: BASHERS ALWAYS BRING UP OLD NEWS THAT YOU HAVE HEARD MANY TIMES.

Lesson 3: BASHERS POST MANY TIMES A DAY.

DOUBT + FEAR + LAZINESS = BAIL OUT!

Rules for Successful Bashing:

14. Don't worry about being labeled a "Basher". Newbies won't
know your history.

18. Use questions to create critical thinking.

27. Bait the Longs into personal debates putting their focus/efforts on you and not the stock or facts. Divert their attention from facts.

Posted by TradingWizard on :

Done reading today...will be back on Monday.
Just marking spot where I ended last. lol

Good weekend everyone. Take a break, I think some of us are really addicted to this site including me....but not as much as 2-3 months ago...

Will, what happened - someone is trying to pick on you

[This message has been edited by TradingWizard (edited July 24, 2004).]

Posted by will on :

Nah, just another know nothing scab on the other cheek of the ass of humanity. It is REALLY nothing.
I'm hoping for big things from CMKX, but the facts aren't available to call it good or bad, yet.
Have a good weekend Wiz.

quote:
Originally posted by TradingWizard:
Done reading today...will be back on Monday.
Just marking spot where I ended last. lol
Good weekend everyone. Take a break, I think some of us are really addicted to this site including me....but not as much as 2-3 months ago...
Will, what happened - someone is trying to pick on you
[This message has been edited by TradingWizard (edited July 24, 2004).]

Posted by finky4x2 on :

zeninvestor: NITE and NAKED SHORTING
« Thread started on: Today at 12:30pm »

--------------------------------------------------------------------------------
zeninvestor: NITE and NAKED SHORTING

Posted by: zeninvestor32
In reply to: None Date:7/24/2004 12:28:22 PM
Post #of 61690

A THOUGHT WORTH REVISITING

I posted this a few days ago and only a few commented on it. I see this as SIGNIFICANT.

From NITE's most recent quarterly results ...

" Knight's OTC and pink sheet volumes surged to more than $376 million in the second quarter, versus $47 million a year ago. Meanwhile, Knight's money derived from trading in Nasdaq and listed equities -- the most lucrative types of trades -- declined to $28.9 million from $37.3 million."
http://biz.yahoo.com/rc/040721/inancial_knight_1.html

Seems to me there are some numbers in there that should floor EVERYONE. A seven hundred percent increase in ONE YEAR in pink/otc trading? Are you kidding me Why is NITE suddenly so heavy in the pink/otc market? I could understand a 30% increase or heck, even a 100% increase, but when you jump 7x the dollar volume in an area that is supposedly such a small percentage of the overall market, WHAT IS GOING ON HERE? Then, look at the total numbers. NITE's trading volume in pinks/otcs was $376 million out of a total of $405 million from ALL equities traded. THAT'S 93 PERCENT OF THEIR TRADING VOLUME FROM PINKS/OTCS!!!!

My personal guess is that they have been running naked shorts for some very large hedge funds that have been TREMENDOUSLY successful. Success begets success and these hedge funds IMO were making a TON of money and began to get much bolder in their moves. PLUS, as we know, the SEC began to finally pass some regulations (albeit weak ones) to curb naked shorting. So those that have read up on the issues surrounding the Berlin Exchange and the use of foreign exchanges to circumvent the new shorting rules probably can make the logical assumption that I do -- the hedge funds in this second quarter put the pedal to the metal on shorting pinks/otcs since they knew this game was only going to go on for so much longer before the SEC might effectively put some REAL teeth into regulations regarding naked shorting.

The jump of 700% in NITE's pink/otc trading is STAGGERING. IMO yes it is circumstantial, but it is some of the best circumstantial evidence we've seen I think as to what is really going on here. Again, I sincerely hope that CMKX is a true market EYE OPENER on what is happening and how average America is getting brutalized by some unsavory characters out to plunder blue collar Joe of hard-earned money. All just my opinion of course but a FORCEFUL one (JMFO?).

As always, these are my personal opinions.

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

http://www.investorshub.com/boards/read_msg.asp?message_id=3642209

Posted by Wallace#1 on :

Timberman -

Re your post 7/23 20:01: The company and the TA know how many legitimately issued and outstanding shares there are at any given moment in time. There is no reason why they could not release it. Problem there is no one knows how many insider shares or Treasury shares there are. Remember, they could have reissued none, any or all of those Treasury shares back on to the market in some manner.

Up,

Re your post 7/23 at 23:40. I agree that names will be on the 50 naked shorted shares (if they do exist) in my example. However, I suspect those names would be only on the books of the brokers and not with DTC. They definitely would not be with the TA or the Co. Bottom line is the TA or Co would not be able to tell which are naked or valid.

My wife's family is Italian. Must ask her/them to read above. Some words, with a bit of Spanish, I can make out.

Posted by Brad on :

Check this site out. I was visitor #44.
http://cmkx.digitalearthmedia.com/

Have any of you seen this before now?

Posted by Brad on :

More thoughts from Zen regarding Jeff.

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

Posted by: zeninvestor32
In reply to: None Date:7/24/2004 3:26:49 PM
Post #of 61755

MY OPINION RE: JEFF

A lot of people have privately asked me what my thoughts are on JEFF's behavior and whether I think he's a friendly MM to us or if I think Roger has worked out a deal with JEFF or a number of other theories.

Here are my OPINIONS. They are my SPECULATION. They are my GUESSWORK. Take them as such since I have no actual information on what JEFF is doing.

I posted many moons ago an article that tightly tied JEFF to NITE and CRWN (basically that 2 brothers that worked together at NITE split to form JEFF and CRWN). I believe this "family of thieves" has always worked together and probably even share many of the same clients (large hedge funds with offshore accounts). I believe they work in coordination with each other and probably even a few others as well (WIEN has always been one of the usual suspects to me). Personally, while the theory is interesting that maybe Urban is using JEFF in a positive way, I don't buy it.

First off, I don't think Roger would find it appropriate to engage and coordinate with the enemy to what would essentially amount to manipulating the market. The only way I could see this happening is if Roger went to some buddies at the SEC, explained the situation and all agreed that the best way to prevent market chaos was to allow JEFF to help CMKX in a friendly way so that the covering went smoother. I HIGHLY doubt that happened. Personally, I think Roger has contacted the parties he has suspected of naked shorting and in no uncertain terms, told them that CMKX is well aware of what is going on and it would be in their best interests to stop it immediately and cover. IMO, a letter like this from a firm partner at Edwards Angell is likely a first and should have been a HUGE warning sign to them. As I said from the start, pinks and otcs RARELY (if ever) hire a law firm of any significant national reputation.

IMO when that warning letter did not work and the price remained unchanged (or actually was shorted out more), my guess is that Roger may have personally called the General Counsel for the various shorting entities to explain that CMKX was prepared to take significant legal and corporate action and that covering would be wise. This was obviously ignored again. IMO, it was ignored probably because the MMs felt they could still cover more by keeping it suppressed than by raising the bid.

So now one might ask, "Ok, Roger gave them every opportunity so why are we just 'hinting' at things and not dropping the full bomb on them?" My opinion is that even though that would WORK it would still cause greater harm to the market than a process that induces the shorts to cover one step at a time on the way up with REDUCED VOLATILITY. I genuinely believe that if they released the OS at the outset and it was as low as I suspect (10 billion or less) that such a massive level of volatility would result that (pay attention) innocent shareholders could actually be harmed by this. I believe this is being handled the way it is to protect two classes of shareholders:

1. Those that would buy in at the height of the volatility and then sell at a massive loss due to the insane volatility. Many might be swept into the volatility and then the MMs would still be shaking and juking and twisting and these innocent shareholders could suffer huge losses because they are unfamiliar with what is happening.
2. Shareholders who plan on holding long term will be less likely to do so in the event of massive volatility. If the stock were to spike to let's say 25 cents and then drop to 5 cents, you are going to have massive selloffs by even strong longs.

So, this leaves me at this point. I think Roger personally warned the naked shorters. I think they ignored his warnings. I think he still believed it was in EVERYONE's interest (and to protect many from the volatility) that CMKX give the shorts a "nudge" forward. Thus, dividend number one. It did nothing. Dividend number 2. Nothing again. I believe that right now as I said before "the MMs have a choice -- they can do this the painful way or the very painful way, and apparently they have chosen maximum pain." So now I believe we will start getting more substantive details even though it may mean greater volatility than anyone wanted. I think Roger genuinely was trying to protect shareholders and the shorts genuinely refused to cooperate. I think the blows to the shorts will get more and more signficant now. I do NOT personally believe there was ever any coordination between Roger and JEFF or any other market makers.

Now that having been said, I believe it is still possible as an end game that the short position might suddenly agree to a complete buyout to stop the pain. That remains to be seen but my guess is it would only happen if and when the shorts realize that they can NOT cover their position comfortably on the open market. I doubt they feel that way right now even if it means they have to run it into the pennies or dimes. They probably still feel confident that all their tricks and manipulations can shake out all the shares they shorted in a cheaper fashion than a straight buyout.

I used to believe that Roger had a plan to do a straight buyout and solve this whole thing cleanly and simply without relying on the open market. Obviously some things have changed my views on this. I still believe a pure buyout could happen but I don't think it is priority number one.

To recap, it is my OPINION that JEFF, NITE and others are being extremely uncooperative even though I believe Roger has given them enough time and incentive to begin covering. Given the time frame I see developing, I now believe events will become more dramatic and that we will be in for the most talked about roller coaster ride of a stock in the history of the stock market. That is my honest OPINION. By September 1, we'll see how close I was.

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 WWJD-thru-me on :

Hi Everyone, I am back and apparently didn't miss much on this board.

The number of shares traded on Friday was more than 4.8 Billion. A lot of days the numbers reported here are significantly less than actual.

TP -Give it a rest. Your constant negativity reads more like bashing than DD. The post about the worm farm was previously dicussed and dismissed. Some of us can remember further back than our last meal. As far as stock patrol goes they are fairly suspect in who and how they 'report on'. It is a tired trick. It has been hauled out too often to be effective. There are elements to CMKX that many may question but the mineral rights haven't been one in any credible way. The CIM shares may not have a monetary value but if it forces a cover we will benefit monetarily in a raised PPS.

Brad-Thank you for you substantive posts on this thread.

Money_Penny -You get my vote for the post of the day For Fridays post:

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!

---------------------------------------------
I have been thinking about JEFF on .0005, .0004 and now .0003? for what seems like forever. If he had been involved in helping UC retire shares he may be getting ready to cannibalize his friends. He could be selling shares he previously purchased at sub .0001. He is looking like he is naked shorting and he may be just window dressing so it looks like business as usual. When the time to cover is here he may be one wealthy MM. That is just a guess; for all I know he could be actually naked shorting. But something is going on. I plan to stay tuned and I guess I will be able to buy shares cheaper still.

For anyone who asks the question how or why would anyone short a .0001 stock you need to read the cellar boxing article that has been posted on this thread two times previously. It is very profitable selling electronic copies and pocketing the money. This isn't shorting like we tend to think of with stocks over $5 that may be overpriced and we can legally sell shares we don't own and then buy to cover later (at hopefully lower prices). Naked shorting is allowed as a temporary aid for market liquidity. MM's can sell electronic copies of a stock they can borrow or believe can be delivered. The shares are supposed to be a copy that can be matched to a certificate. Unfortunately for us fraud enters the picture too often. If the MM's think that a stock is going belly up and has no chance of recovery they will sometimes sell off NS shares until the stock is BK and disappears.

GLTA-DD-IMO-Debi

Posted by Spartans on :

I'm fairly new and came here to check out the possibilities for $$$...but....you guys are crazy fools...won't come back...

Posted by Brad on :

Welcome back Debi. Nice to have your input and thoughts back into the mix. Hope your time away was restfull and you're ready for the next several weeks of riding this roller coaster.

Posted by VNGNTN1 on :

D$$M I HATE THAT when someone calls me a crazy fool. I thought I was just dumb. BEARCLAW might have been the next great insight on this stock. Excuse me while I go lick a tree.
VAN

Posted by pharmdman on :

quote:
Originally posted by will:
Hey pharm, you old scab picker, how are ya? I think I need a break from this thread, nothing but bullsh|t and nonsense going back and forth seeing that no one knows nothing. Can everyone say sideways .0003 to .0006 until diamonds are found or O/S are reported. Then is it's up if there is a managable amount of O/S, (which I doubt), or diamonds are found, or down if there are 400B / 500B O/S. Y'all better be praying for diamonds. Until then I have to put up with this nonsense for another month. "It's a scam, I tell ya" , "No, Urban is a genius, I tell ya" , "Roger Glenn worked a miracle, I tell ya" , "Roger Glen died in a stock fraud accident in Kentucky, I tell ya" , "Mt St Helena, I tell ya" , "Diamonds big enough for a flea's ring, I tell ya" , "A trillion naked shorts, I tell ya" , "Why would they short a .0001 stock".
Just let the PPS go up or find some godamn diamonds, so I can quit reading this crap.

Hey will!! Same ol', same ol' here...u?

Mostly I've been working and lurking... until yesterday... I had one heck of a debate on the QBID thread.... and most of it was deleted by the moderator... LOL...

Posted by timberman on :

Thanks Wallace. I still believe that there should be records of all or any of the things you just stated. Question is(and I'll get labeled a basher for this)Does anyone want to invest in a company that has such sloppy records. Heres something else to think about. Lets say the naked shorting theory is correct. If any of us bought those shares and the SEC decides that those shares do not exist, all who (thought)they owned shares will be holding nothing. I say this because the ones who sold them won't be returning them. Just a thought.

Posted by will on :

Damn pharm, I'm sure he was referring to you
Bearclaw
Member posted July 24, 2004 16:18
--------------------------------------------------------------------------------
I'm fairly new and came here to check out the possibilities for $$$...but....you guys are crazy fools...won't come back...

See what ya did, I might have been able to sell him shares at .10, now you ran him off, lol.

Things are good by me, loosing some $, but with the condition of this market I'm sure it culd be worse.

I hardly go to the Q thread anymore, once every few weeks. I have some I'm loosing a few bucks on, as soon as it hits .01, I'll get out. I'll start swinging it again. Looks like a good buy in low .005's and then out in the .007's

quote:
Originally posted by pharmdman:
Hey will!! Same ol', same ol' here...u?
Mostly I've been working and lurking... until yesterday... I had one heck of a debate on the QBID thread.... and most of it was deleted by the moderator... LOL...

Posted by WWJD-thru-me on :

Van you get my post of the day award for Saturday. I was just listening to the tree bark; I didn't know it tasted good too.

Van wrote:
D$$M I HATE THAT when someone calls me a crazy fool. I thought I was just dumb. BEARCLAW might have been the next great insight on this stock. Excuse me while I go lick a tree.
VAN
---------------------------------------------
Brad -Thanks. I read the post about Jeff that you copied after I wrote my post and I have to say I think that he is still shorting makes more sense. I keep up with a few of my friends via email on CMKX and in the process of talking about the share count it occurred to us that if the share count is low (as I think and hope it is) and it is released as there is a forced cover we will see the maximum benefit of that information then along with any other good news. I think it is worth waiting for. If I am wrong I will be disappointed. If I am right I will be able to accomplish a lot of good that I couldn't even hope to do otherwise. I am serious about my goal of trying to help thousands of AIDS orpans in Africa thru World Vision. The $15,000 I have invested here could sponsor 4-5 kids for 10 years. I am already sponsoring 4 kids thru World Vision and have 2 more with Compassion. If this is as good as I am expecting it to be I can personally sponsor 1000 kids.

The funny thing about people who dream is that their dreams often come true. And if you look at the life of Joseph in the Bible I would add if your dream is from God it will always come true. I am not sure my dream is from God but if it is it will succeed.

If you keep your goals and hopes low you will always reach them and if you Aim low enough you may always hit your target. I am going to let my reach exceed my grasp and aim big. I may miss but I can always try again.
---------------------------------------------
An interesting side note is that World Vision was instrumental in alerting the world to the toll 'conflict diamonds' was having on the poor of South Africa and other nations. Terrorists have been financing their wars via 'blood' or 'conflict' diamonds. Terrorists had been keeping whole villages working in the mines or facing amputation of their hands and feet or their wives, children and even newborns hands and feet. The documentation of this that I have in CD and picture form from World Vision totally traumatized me. The first time I got up to speak on the behalf of the poor that World Vision helps in this area; I couldn't even get words out. I choked out some words but was practically incoherent. CMKX late last year issued a statement that they would be seeking to market laser inscribed conflict free diamonds. I thought this would be a great fit to be able to return some financial gain from conflict free diamonds to one of the main groups (along with Amnesty International) who worked so hard to make the World aware of the problem. If you want to read about what they do check out their website and also the Hope Child initiative. www.worldvision.org
GLTA-DD-IMO-Debi

Posted by WWJD-thru-me on :

Timberman wrote: Thanks Wallace. I still believe that there should be records of all or any of the things you just stated. Question is(and I'll get labeled a basher for this)Does anyone want to invest in a company that has such sloppy records. Heres something else to think about. Lets say the naked shorting theory is correct. If any of us bought those shares and the SEC decides that those shares do not exist, all who (thought)they owned shares will be holding nothing. I say this because the ones who sold them won't be returning them. Just a thought.
---------------------------------------------
---------------------------------------------
Timberman -You sure sound like a basher. The company knows it's outstanding share count. I am betting that UC can tell you to a share how many are supposed to be outstanding and can ball park how many are current out and naked shorted. If the bashers can't get them to sell by saying the company is a fraud they try to get them to be afraid the shares they bought don't really exist. That is pitiful. The DTCC allows electronic copies of shares to be sold. They definitely exist. If they are not covered they are naked. Their existence isn't in doubt. If you don't know what you are talking about why are you talking? IMO-Debi

Posted by Money_Penny on :

Welcome back Debi, we missed you!

Posted by Brad on :

quote:
Originally posted by timberman:
Thanks Wallace. I still believe that there should be records of all or any of the things you just stated. Question is(and I'll get labeled a basher for this)Does anyone want to invest in a company that has such sloppy records. Heres something else to think about. Lets say the naked shorting theory is correct. If any of us bought those shares and the SEC decides that those shares do not exist, all who (thought)they owned shares will be holding nothing. I say this because the ones who sold them won't be returning them. Just a thought.

I won't call you a basher timberman. I'll just strike your question up to being new with naked shorting. I usually give people the benefit of the doubt.

So I'll just say that the SEC can't just "decide" that the shares don't exist. Whether the shares have been naked shorted or not, the shares are real. That's why this is big deal to the MM's if it's true because they will, without a doubt, have to cover them or face who knows what. Bankruptcy, lawsuits, or all of the above.

Posted by Brad on :

Latest from Dr. D

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

Certificates, NSS Position, O/S est and Shareholders

We have been this route before on talking about Certificates and many months ago most every one was afraid they couldn’t sell fast enough if the PPS shot way up. Now many are seeing that a long position is in store for CMKX. Urban has reportedly agreed that certificates would be incredible leverage against the MM’s. But he too doesn’t believe the shareholders will do it. Is this a sign of slight disappointment from our leader because we refuse to do this thing?

I believe as many of us here know the SHAREHOLDERS CAN FORCE A COVER by the MM’s if we could get everyone to order Certificates. I also am smart enough to know that not everyone wants too, neither will everyone do it. We have all talked about writing to our Representatives, Dateline, the SEC, and everything else when the truth is, as much as some are going to not like this, we as shareholders WILL NOT DO the one thing that Urban and D. Roger Glenn can’t do for us, and that is request our certificates and force the MM’s to cover.

I am not sure why Urban has not came right out and asked the shareholders to request certificates. For in my opinion if he did, at least 70% of the investors would get them. What would that mean? Lets take a brief look at it.

Say we have a 500 billion O/S that matches our current 500 billion A/S. We all agree this is a ridiculous number, but it is the worst case scenario. Say we have a matching 500 billion NSS position. What would happen if everyone ordered their certs? Of a possible 500 billion O/S and A/S, CMKX would have to have 251 billion in restricted and probably already in certificate form. That would drop the O/S to 249 billion that the NSS position of the MM’s and brokerage firms could use to cover with. I personally know of individuals totaling in the billions that have certificates already, so we will take say 10% of the remaining O/S (249 billion) out as already certificated, leaving us with
249 billion – 24.9 billion = 224.1 billion call it 224 billion.
Take away from that everyone that is in the “float” that is holding long on CMKX or will not sell into the market place and it gets very interesting.

Most companies have a relatively small float in comparison to their actual outstanding shares. Some are 1% others are 3-5%, but few are above 6%. So lets go beyond the norm and say CMKX has a 10% float on our O/S. Just for examples sake. If our O/S is the extremely high figure of 500 billion (not counting NSS) then a float at 10% would be 50 billion. I know our float is nowhere near this, but please stay with me. I hope you will be able to see how powerful we as shareholders can be with this tool we possess.

If CMKX had a huge float of 50 billion and an O/S of 500 billion and a NSS position of 500 billion we would have 1 trillion shares that could potentially be certificated. We would only need only 50% of these to request certificates to produce an incredible scenario. Why do I say a 500 billion NSS position? Actually 500 billion NSS position is to conservative. We probably still have 1trillion or more. Let me explain!

We can by looking at our daily trading volume clearly understand that the NSS position is actually near 1 trillion by percentages standards. Meaning our daily trading volume over a 30 day period can give you an indicator of the company’s O/S based on market standards. For example:

stock, daily volume, O/S, ratio
Msft, 37million, 10.8 billion, .34%
intel, 56million, 6.5 billion, .87%
GE, 22million, 10.55 billion, .2%
Cisco, 60million, 6.8 billion, .89%

Using these companies stats it is easy to see that a 2.00% daily volume to O/S ratio would be well within the standard if used for CMKX. Our average daily trading volume has ranged from 15 billion to near 3 billion over the last 30 days so we will use 5 billion as a generic daily volume although the medium on this 15 billion high and the 3 billion low would be 9 billion almost double my calculations. Using 5 billion daily volume as 2% of CMKX’s O/S we would arrive at 250 Billion outstanding shares of CMKX. Even at 15 billion as CMKX’s highest volume day, the O/S would be 750 billion at 2%.

If we go the other direction and 5 billion daily volume is only say .2% of the O/S then we get a number of near 2.5 trillion O/S or even .4% would be a 1.25 trillion O/S. We only have 500 billion A/S so how can we possibly have a 2.5 trillion or a 1.25 trillion calculated O/S on daily volume? There is only one answer? Naked short share position! Even at these conservative calculations the NSS position would have to be near 2 trillion to 750 billion at the very least, in my opinion. I know that is a phenomenal number, but the 30 day volume average to the O/S is a clear indicator that someone has NSS CMKX “TO DA MOON”.

With this in mind we could speculate that this is what the scenario could look like if 50% of the shares were requested in certificates based on 500 billion O/S and only a 500 billion NSS position.

1 Trillion potential certificated shares at 50% would be 500 billion shares in requests for certificates. This is actually equivalent to the entire A/S and would force the MM’s to cover the 500 billion NSS position with a float of only 50 billion. This would generate the same effects on the PPS if at anytime the MM’s were forced to cover. The MM’s can do a lot of things, but they cannot produce certificates. They have to cover their NSS position in order for the brokers to be able to release those certificates to the owner. So what does all of this mean?

The MM’s then have to go in and get the shares as quick as they can before all of the orders for certificates are finalized. Once the request goes in to get the certificates then the MM’s have no choice, but to satisfy that position with a real share. So if they need to cover 500 billion NSS position with a 50 billion float before the orders go in for the certificates, they will have to launch a PPS large enough to have you withdraw your order for certificates and sell to them before their NSS position is exposed by the incredible amount of Certificates requested to the Transfer Agent.

Remember 500 billion is only 50% of the share position that would need to be covered by the MM’s.

With a current PPS of .0005 and a float of 50 billion the MM’s would have to drive the PPS up enough to cause every single share of the float to be bought and sold 10 times to cover the demand. This means:
If they get 10 billion shares from the float at .0005 to .0010 they have to use those shares to cover their NSS positions to 10 billion shares owned by others.
Then if they get another 10 billion shares from the float at .0011 - .0020 they have to use those shares to cover their NSS positions to 10 billion shares owned by others. They would still owe 480 billion shares and would have to do this another 48 times. But, the problem with that is that it would take to long and CMKXers would catch onto that in a heart beat after the first few go a rounds and the gaps in the PPS would get larger and larger.

The obvious answer for the MM’s would be to jump the PPS to .005 or .01 and try to snag 50 billion or the entire float all at once. Why? Because this is about the only way the MM’s would freeze the further orders of investors from going in for certificates. That is necessary because if they don’t freeze the requests for certificates, they can’t possibly cover quick enough. Now, those shares have to be issued to 50 billion shares of those requesting certificates and the MM’s have bought some time through the gap up on the PPS and freezing the certificate requests.

They have to move quick now or the requests will continue. Why the freeze? Because if investors see the PPS climbing at phenomenal rates they will begin thinking they can sell into the market on this peak and then buy back in when it falls. Problem is it won’t fall and you will be out of shares. Why? Because the MM’s know you think that way and they will jack the PPS and hold it, freezing other investors that are now thinking their out on the next peek. With requests frozen the MM’s now slow down the PPS gaps and only shoot the next move from .005 and .01 to a new level of .0075 and .015.

In this they would evaluate how many shares they are pulling and if the freeze is still in effect on the certificate requests from investors. If this isn’t effective enough they will boost it again until the freeze on certificates from investors holds. This is a scenario that the MM’s would have to do a minimum of 10 times just to cover 50% of the potential certificate requests that could go forth. All of the time this is strengthening the PPS because the NSS position that has held the market value down is being removed certificate request by certificate request and the float is dropping with every cover.

These effects could be phenomenal if only 50% of the share holders got involved in requesting the certificates and actually put the request to the broker for them.

Please don’t email me with your hard lines against certificates because I have heard more than enough already. The only reason not to get certificates is if you are going to short sell CMKX on the spikes and try to buy back in on the lulls. That is fine, if you want to play that way, I understand. But at least lets work together to get the spikes going so you can sell and take your own gamble that we will have some lulls that you can buy back in on.

Requests Monday morning for 50% of the shares in CMKX would rock the MM’s world in a bad way and CMKXers in a great way.

Can we get an organized effort to do it? We have met resistance every time by investors screaming don’t do it, you’ll be left out on the runs. The Pinks are to volatile a market to hold certificates on (meaning that it may take a few hours or days to get your certs in position to sell) and this is a clear indicator that those that say such things are wanting to do such things. I am in CMKX for the long haul and I have many millions in certificates and I have more that are not. I will try to get a hold of Urban or Roger and if they say that regardless of the timing of the dividends go ahead and do it, then as of Monday morning I am calling Ameritrade and requesting all of my certificates to be delivered immediately. I hope others will join me in this effort to support CMKX, Urban, D. Roger Glenn, and one another.

As I stated earlier in this post, “Urban has reportedly agreed that certificates would be incredible leverage against the MM’s.” But he too doesn’t believe the shareholders will do it. Is this a sign of slight disappointment from our leader because we refuse to do this thing? I would have to say, yes! He has done everything he can to help us and the one thing we can do to help him and ourselves, we don’t do. What is wrong with this picture?

I believe we need to ask CMKX, Urban, or Roger if they would like for us to request our certificates for CMKX shares. This is not illegal to ask! If Urban and company says it will help and our brokers assure us that our dividends will not be jeopardized by the certificate request or there shouldn’t be any confusion on getting paid, then we should all go for it. Lets force these sorry MM’s to cover and make them regret the day they ever naked short sold the first share of CMKX.

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

Dr.D

Posted by Wallace#1 on :

Timberman,

As sloppy as the CMKX people may be, their records probably do show the correct shs issued and outstanding. My point was that I do not think the records of DTC (as a result of trades made and reported by brokers) would be the same as CMKX's if there is a large number of naked shorted shares out there.

Debi,

Nice to see you back.

[This message has been edited by Wallace#1 (edited July 24, 2004).]

Posted by Wallace#1 on :

Brad,

What was the date on that "Latest from DD"?

Posted by Brad on :

quote:
Originally posted by Wallace#1:
Brad,
What was the date on that "Latest from DD"?

Today. I should have included the header below.

Certificate, NSS, O/S and shareholders
« Thread started on: Today at 5:10pm »

Posted by RaiderJR on :

Welcome back WWJD and all. Here is an article on hedge funds and how they work.
http://www.deanlebaron.com/book/ultimate/chapters/hedge.html

It is too long to paste. Interesting part of this is that shorting is usually done with borrowed money, and it puts the funds and underlying financial institutions at risk.

Posted by finky4x2 on :

Topic: Naked Shorting 101: Its Harm. Written By Attorney (Read 205 times)

CDLIC
Diamondologist

member is offline

Posts: 266
Naked Shorting 101: Its Harm. Written By Attorney
« Thread started on: Today at 10:47am »

--------------------------------------------------------------------------------
Hi All,

This is a letter to the SEC from a well-known attorney, Frederick D. Lipman, Esq. regarding naked shorting. (see his resume below and a list of the fifteen books he has written or you can go to the following link to view his entire information http://www.blankrome.com/attorneys/attydetail.asp?AttNum=121).

By reading Lipman's letter to the SEC, you can quickly get the bottom line on naked shorting. If you want to "get righ into it" start reading at the 3rd paragraph.

Ciao,

CDLIC

********************************************
Letter To The SEC from Frederick D. Lipman, Esq.June 10, 2004

The proposed rule would be appropriate only after the Commission has adopted effective methods to prevent naked short-selling and has devoted sufficient resources to enforcing the prohibitions that the Commission actually adopts to prevent naked short-selling. At this point the Commission has not adopted Exchange Act Release No. 48709 October 28, 2003, 68 FR 62972 November 6, 2003, and it is not clear its proposal to prevent naked short-selling will be effective and, even if effective, will be enforced by the Commission.

Therefore, it is premature to adopt prohibitions on issuer action to avoid the deleterious effect of naked short-selling on public companies and their equity holders.

The deleterious effects of naked short-selling are extremely serious, particularly for smaller public companies. The following is a list of the serious harm caused by naked short-sellers:

1. Naked short-sellers depress the price of the stock held by existing investors by artificially increasing the supply of stock offered for sale. The depressed price of the public company stock prevents the public company from raising needed growth capital and undermines equity incentives granted to motivate employees of the public company.

2. By selling shares that do not exist, naked short-sellers undermine the authority of the board of directors under state law to control the number of outstanding shares. State corporate laws typically permit corporations to establish the number of authorized shares in their certificates or articles of incorporation and authorize the board of directors to issue those shares. Naked short-sellers can effectively increase the supply of shares beyond what is authorized by the board of directors and even beyond what is authorized in the certificates or articles of incorporation. Naked short-sellers violate the public policy set forth in the corporate statutes of the various states which permit only the board of directors to control the number of outstanding shares.

3. Naked short-sellers are incentivised to manipulate the price of the stock downward in order to maximize their profits when they cover their short-sale. Unscrupulous naked short-sellers will post false information about the company in Internet chat-rooms, spread false rumors and do everything within their power to cause harm to the company. Indeed, the ultimate triumph of a naked short-seller is to drive the company out of business, with the consequence that all of the employees would lose their jobs. The Commission does not have the resources to prevent this type of unscrupulous activity by naked short-sellers.

Although I recognize the need to promote the integrity and efficiency of the U. S. clearance and settlement system, this desirable public policy must be weighed against the evil of permitting the continuation of naked short-selling. Until the Commission develops an effective program to prevent naked short-selling, it should not interfere with the effort of small public companies to attempt to prevent this activity by restricting transfers to or from securities intermediaries.

Frederick D. Lipman, Esq.June 10, 2004

Lipman resume:

Mr. Lipman frequently appears on CNN, CNBC, and Bloomberg television as a national commentator on initial public offerings, venture capital, mergers and acquisitions, and stock options. He currently teaches venture capital in the MBA program at the Wharton School of Business and has taught corporate finance for ten years at the University of Pennsylvania Law School.

Publications (not all):
"The Complete Guide To Employee Stock Options" (published April 2001 by Prima Publishing and distributed nationally to bookstores)
"The Complete Guide to Valuing and Selling Your Business" (published by Prima Publishing in February 2001 and distributed nationally to bookstores)
"Audit Committees" (published by The Bureau of National Affairs, Inc. in 1995 and updated in 2000) -- lead author. Cited in Blue Ribbon Committee Report
"The Complete Going Public Handbook," subtitled "Everything You Need to Know to Turn a Private Enterprise into a Publicly Traded Company" (published April 2000 by Prima Publishing and distributed nationally to bookstores)
"Financing Your Business With Venture Capital," subtitled "Strategies to Grow Your Enterprise With Outside Investors" (published November 1998 by Prima Publishing and distributed nationally to bookstores)
"How Much Is Your Business Worth? A Step-By-Step Guide to Selling and Ensuring the Maximum Sale Value of Your Business" (published July 1996 by Prima Publishing and distributed nationally to bookstores)
"Venture Capital and Junk Bond Transactions" (published June 1996 by the American Law Institute-American Bar Association)
"Going Public" (published February 1994 by Prima Publishing and distributed nationally to bookstores). Designated by Fortune Book Club, a division of the Book of the Month Club. Selected as one of ten best business books for 1994.
"Being Public" -- The Personal Duties of Directors, Officers and Principal Stockholders Under the Securities Exchange Act of 1934 and Rule 144 of the Securities Act of 1933." -- Packard Press, 1997
"Alternatives to Incorporating in Delaware" - New York Law Journal, November 6, 1997
"The Best Way to Launch An Initial Public Offering" - The National Law Journal, April 17, 1995
"What Should the Audit Committee Do?" The Corporate Governance Advisor, March - April, 1995
"Accounting Principles and Economic Growth" - Venture Capital Journal, November 1994
"Advanced Planning Needed for Your IPO" - The Small Business Controller, Fall 1994
The Quality Pursuit (1989) published by the American Bar Association: author of chapters entitled "Legal Opinions" and "Responding to Auditor's Letters."

« Last Edit: Today at 4:09pm by CDLIC » Logged

--------------------------------------------------------------------------------
"The harder the conflict, the more glo

Posted by Highwaychild on :

edit.

[This message has been edited by highwaychild (edited July 24, 2004).]

Posted by Wallace#1 on :

Finky4x2

Excellent post.

Posted by RaiderJR on :

Its official we have another diamond mine. Got this from RB.

http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_March_5/ai_98373658

Casavant Mining Kimberlite International Announces Acquisition of Claim and Aerial Survey Update
Business Wire, March 5, 2003

Business Editors

LAS VEGAS--(BUSINESS WIRE)--March 5, 2003

Casavant Mining Kimberlite International, Las Vegas (OTCBB: CMKM), has reached an agreement to the terms of an acquisition for the Snowden Kimberlite Pipe with Anglo Minerals Ltd. Claim S-133707 (Section 5, Twp 52, Rge 18, W2). This claim is one of many targeted by Casavant Mining, and Claim S-133707 is currently surrounded by Commando/Buckshot Holdings which recently was acquired by Casavant Mining Kimberlite International.

Saskatchewan Energy and Mines' open files record contains the following information (SEM open File 73HO7-0018) for informational purposes only.

-- Three drill holes were completed by Rhonda Mining Corp. in 1993, located 5 km southeast of Snowden, in Section 5, Twp 52, Rge 18, W2, adjacent to a large kimberlite body on Cameco/De Beers/Kensington ground to the north.

-- Rhonda drillhole OFS93-02 encountered 15 m of tufaceous/detrital kimberlite immediately below the overburden, from 102 m to 117 m. End of hole was at 160.6 m depth.

-- OFS93-03 cut 9 m of eruptive and detrital kimberlite material immediately below the overburden, from 95.12 m to 104.05 m. End of hole was at 154.8 m.

-- OFS93-04 intersected 14 m of mainly tufaceous kimberlite immediately below the overburden, from 94.4 m to 108.4 m. End of hole was at 160.6 m. Indicator mineral chemistry and micro diamond analyses were performed on kimberlite core samples. A total of 21 micro diamonds were reported from approximately 100 kg of kimberlite (100 kg equals approximately 220 pounds). (SEM Open File 73H07-0018).

Fugro Airborne Survey Update

We are pleased to inform that the Fugro Airborne Survey has been launched and is currently underway. Casavant Mining has received updates as to progress of the aerial survey on the 700,000 acres at the Fort A La Corne Project. On Feb. 26 and 27 Fugro crew was mobilized and approximately 892 kms of data was collected of the 11,380 kms contracted at this time. Fugro Airborne Surveys is currently using advanced Geotem Technology to identify any kimberlite presence on the company's claims.

Casavant Mining shall be informed, on a daily basis, in respect to the progress of the survey; the shareholders shall also be informed as to updates on a frequent basis.

There is no guarantee, however, that the survey will identify kimberlite pipes. Even if numerous kimberlite pipes are identified, there is no guarantee that any such kimberlite pipes will contain diamonds.

Investor Relations

In addition to investor relations in Las Vegas for Casavant Mining Kimberlite International, a Saskatchewan Diamonds Hotline has now been opened. The purpose for this office is to give shareholders an opportunity to speak with a representative from the Fort A La Corne area.

The division will be headed by Melvin O'Neil, a 50-year resident and a well-known member of the community.

O'Neil is familiar with the mining and mineral industry and has first-hand knowledge of the development of the Fort A La Corne area.

Saskatchewan Diamond Hotline Contact information:

Melvin O'Neil Office Tel.: 306/752-3755 Toll free in U.S./Canada: 877/752-3755 Fax: 306/752-3754 E-mail: ipr@sasktel.net

Casavant Mining Kimberlite International Inc. Contact information:

Investor Relations 1489 W. Warm Springs Rd., Suite 110 Las Vegas, NV 89014 Tel: 702/946-6746 (please note new number) Fax: 702/946-6767 Contact persons: James Kenny/Ginger Gutierrez

The office is open 9 a.m. to 4 p.m. Monday through Friday.

Correction

Press releases on Feb. 19 and 20 mentioned "claims surrounding the De Beers diamond mine at Fort A La Corne"; in fact, they should have read "De Beers diamond exploration project."

Forward-Looking Statements

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 Act of 1934, as amended (the "Exchange Act"). All statements that are included in the press release other than statements of historical fact are forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be 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.

Posted by RaiderJR on :

21 micro-diamonds in 220lbs of kimberlite.

yaaaaahooooooooo

Posted by Brad on :

quote:
Originally posted by RaiderJR:
Its official we have another diamond mine. Got this from RB.

Hmmm, this is a bit old don't you think Raider? March 2003?

Posted by RaiderJR on :

yep, sounds like they have been sitting on the info. First I heard of it.

Posted by Highwaychild on :

Just wanted to bring it back to the top.
These are what they call red flags for spotting bashers.
If you feel mad,guilty,or combative at this post then you probably are one.
***********************************************************************
1.Someone who hyper-posts on only one stock.

2.Someone who uses multiple identities.

3.Some who repeatedly attacks or belittles others on a stock's message boards.

4.Someone who emerges as the stock's moderator, or even the leader of the discussion group on that stock.

5.Someone, with a short history in their member profile, who suddenly shows up during a stock run-up, and appears to know "all about" the company.

6.Someone who is nearly always the first to respond to company developments.

7.Someone who continuously hints at upcoming news and unannounced contracts.

8.Someone who hypes the company during the run-up and then "changes" his/her mind and begins attacking the company, its insiders and the project.

9.Someone who goes out of their way to find bad news about the company and makes a "case" out of it.

Posted by RaiderJR on :

Is this the same as the caroline pipe? Drilled earlier? If so the diamond count of 2 diamonds would be bogus.

I have to figure this out. I dont know if it is Caroline or not.

Posted by RaiderJR on :

According to recent pr, Carolyn confirmed to be diamond ferious. How could recent results confirm what was tested and confirmed years earlier?

This can't be the same pipe. Is Carolyn North of Debeers as this is?

Recent PR

CMKM Diamonds Inc. Announces 'Carolyn Pipe' Lab Results Confirm Diamondiferous Kimberlite
Thursday June 10, 6:26 pm ET

LAS VEGAS--(BUSINESS WIRE)--June 10, 2004--CMKM Diamonds Inc. (Pink Sheets: CMKX - News) is very excited to announce that the "Carolyn Pipe" is confirmed to be diamondiferous.
Saskatchewan Research Council (SRC), an independent lab located in Saskatoon, Saskatchewan reported to the company today that the core samples from the "Carolyn Pipe" has come back positive for diamond content. The "Carolyn Pipe" is located on the jointly owned Smeaton property in Saskatchewan, Canada held by CMKM Diamonds Inc., being the primary operator of the claims, United Carina Resources Corp. (CDNX: UCA - News), Consolidated Pine Channel Gold Corp. (CDNX: KPG - News) and U.S. Canadian Minerals Inc. (OTCBB: UCAD - News).

Posted by Highwaychild on :

I remember reading the 2 count was bogus anyway.The report was supposed to be content from only a short sample, and only 1/2 of 1 short sample.In that was only 2.Sounded like a B.S. report in the first place to me.
But if there was 2 diamonds in the sample...
I've read.Where there are babies(diamonds) there is mommas(diamonds).

Posted by Upside on :

What are you guys getting all excited about? This a p/r from March of 2003 and they're talking about three holes that were drilled in 1993. I don't understand what the big deal is.

Posted by Bam Bam 17 on :

CMKXtreme Seattle Race Pictures
http://www.tcdjs.com/cmkx.htm

May God Bless All.

Posted by Highwaychild on :

If anybody want's, type in Yahoo.com and search "Zinc diamonds kimberlite pipe".
There is a large link to zinc and diamonds there.Enough there to read you to sleep.
================================================----------Highwaychild

Posted by will on :

LOL. Hey! It's only 16 months old. Told ya UpMan, this is the quality of the information you will be looking at until there is real news. Old crap, and costant reminders that there is a basher behind every tree. If you don't have blind faith in CMKX, and aren't willing to be cruxified for the greater good of the believers here, then you're a basher. Be patient, everything will come together if/when it suppose to happen. Until then settle in for a diet of what you been reading the last 6 or 8 pages, maybe more, I quit counting, I'm numb to it all.

quote:
Originally posted by Upside:
What are you guys getting all excited about? This a p/r from March of 2003 and they're talking about three holes that were drilled in 1993. I don't understand what the big deal is.

Posted by Upside on :

How's this for a picture of our professional looking, polished, corporate spokesman, Melvin.
http://www.tcdjs.com/images/cmkx/day2/seattle22.jpg

Melvin's the second from the left, his wife is to his left, Urban and his wife are on either end.

Posted by WWJD-thru-me on :

Wallace wrote: Debi,

Nice to see you back.

Would you please explain to me how you figure naked shorted shares really exist? If there are 10 shs issued and outstanding and an MM has naked short traded 5 more shares making a total of 15 shs, how could the add'l 5 shs exist? They certainly do not exist with the TA or the Company. Do you see something I do not? Isn't that the whole concept of naked shorted shares?
---------------------------------------------
---------------------------------------------
Hi Wallace -In your example the 15 shares are now in existance but only 10 can be matched to a certificate-the others are electronic copies; but they are still shares that were bought and paid for and tradeable. If there were no outside intervention the 15 shares could be in play for the life of the company or until bought and retired by the naked shorter. It would hurt the supply and demand to some extent but might never be an issue. However if the company issued a cash dividend all 15 shares would be paid. The 5 bogus would get theirs from whoever sold it to them. We have electronic copies of most of our OTCBB stocks. We probably have a large percent as naked shorts. If we knew the true extent we would probably stop trading. I just about have. Time will show us how bad this situation is with this stock. The forcing to cover with CMKX hasn't happened yet. If September 3 (or whatever the settlement date for the CIM stock dividend is) rolls by and we don't see a cover then I will believe that this has not been naked shorted. I seriously doubt that that will occur. I am truly looking forward to watching this. I think it will be eye opening, historic and profitable.

That is my opinion anyway. Good night-I am happy to be back home and looking forward to sleeping in my own bed. -Debi

Posted by Highwaychild on :

Thanks Bam Bam17,
Worth a thousand words.
http://www.tcdjs.com/images/cmkx/day2/seattle30.jpg

[This message has been edited by highwaychild (edited July 24, 2004).]

Posted by Bam Bam 17 on :

Your welcome!

May God Bless All.

quote:
Originally posted by highwaychild:
Thanks Bam Bam17,
Worth a thousand words.
http://www.tcdjs.com/images/cmkx/day2/seattle30.jpg
[This message has been edited by highwaychild (edited July 24, 2004).]

Posted by RaiderJR on :

Also from Sterlings it seems there are some numbered claims in Saskatchewan for both gold and uranium.

Here is the answer to a direct question to urban.
http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=51008

quote:

CMKX numbered claims information. Read #9354 on this forum
GOLD!!
Urban has Confirmed, to me, that the Numbered Claims in Saskatchewan are ours. I asked him specifically about this claim. he said yes that was ours.. He also said that all the Numbered claims In Saskatchewan are ours (CMKX)
Here is the link to the gold claim I asked specifically about.
http://www.explorationgis.com/LR_goldbelt.html

I told Urban that I was planning a trip, on June 21st, to see the Carolyn pipe and the equipment there, that this would be part of my family vacation. He told me I should make other plans for my vacation, that information would be out BEFORE then, a trip up there would not be necessary.

Is it true we have 2 diamond pipes now, gold, zinc, and uranium. I used to consider it hype, but it seems to be true

Posted by VNGNTN1 on :

DEBI
The 5 shares exist because MM has power to log them into his inventory log.
= = = = =
SHORTING
5 shares sold @.0001
5sh into inventory log
$.0005 into bank account
= = = =
COVERING
5 share bought at$.0002
5shares subtracted from inventory log
$.001 subtracted from bank account
= = = =
VAN
PS RJR
If I am not mistaken that post from RB came from Allstocks RicPic !

[This message has been edited by VNGNTN1 (edited July 25, 2004).]

Posted by Wallace#1 on :

Debi,

I think you are mistaken. Yes, the 10 shares do match certificates, but would also be the total issued and outstanding in my example. The 5 shares are imaginary, do not match certificates and are not issued and outstanding shares. Therefore, they do not exist. When it comes to getting anything like a dividend, split shares, spin off, etc., anyone who bought those shares would not be entitled. The problem is the TA and the Company would have no record and when/if they got an accounting from the DTC, their issued and outstanding would show 10 shs (as factual) and 5 shs that actually do not exist (they would be the naked shorted shs).
Who do you think will have to account for those 5 shs? Even if the company has enough shs authorized, the TA could not issue them and thereby pay dividends, etc. The company would not do so because they are both illegal and because it would negatively affect their balance sheet and earnings. Neither the DTC, the broker nor the SEC could force anything to be done re the 5 imaginary or bogus shares. That would end up in the courts if it got that far. However, every one of us OK'd an agreement that it would be arbitrated...and guess who is going to be part of the arbitration board.

Will talk to you later.

Posted by Money_Penny on :

Wallace#1 said: "every one of us OK'd an agreement that it would be arbitrated..."

"us"?

Does that mean you now own CMKX shares?

Posted by Bam Bam 17 on :

CMKXtreme Seattle Race Pictures and last knight the new MAP for CMKX uploaded take a look.

http://www.tcdjs.com/cmkx.htm

May God Bless All.

Posted by Brad on :

quote:
Originally posted by Wallace#1:
Debi,
I think you are mistaken. Yes, the 10 shares do match certificates, but would also be the total issued and outstanding in my example. The 5 shares are imaginary, do not match certificates and are not issued and outstanding shares. Therefore, they do not exist. When it comes to getting anything like a dividend, split shares, spin off, etc., anyone who bought those shares would not be entitled. The problem is the TA and the Company would have no record and when/if they got an accounting from the DTC, their issued and outstanding would show 10 shs (as factual) and 5 shs that actually do not exist (they would be the naked shorted shs).
Who do you think will have to account for those 5 shs? Even if the company has enough shs authorized, the TA could not issue them and thereby pay dividends, etc. The company would not do so because they are both illegal and because it would negatively affect their balance sheet and earnings. Neither the DTC, the broker nor the SEC could force anything to be done re the 5 imaginary or bogus shares. That would end up in the courts if it got that far. However, every one of us OK'd an agreement that it would be arbitrated...and guess who is going to be part of the arbitration board.
Will talk to you later.

Wallace, I'm afraid I'm just not following you. Regardless of the number of shares sold, (naked or otherwise) the shares do exist and none of them are "imaginary". If the MM's sold them then they made them real. Even if the MM's fraudulently created and sold them (which is why it's illegal). Each shareholder's shares look the same either being held in their name with actual certificates or being held electronically at your broker in the street name. Every share is entitled to the same dividend payout. Yes, the company will only pay out against the 10 shares in your example but the MM's either have to buy the other 5 shares back or pay the dividend for those 5 or face the legal backlash. IMO it's not in their best interest to ever let that happen.

Posted by The Wanderer on :

Thanks for the pictures Bam, those were great. Looks like you had a good time too. It sure helps at least seeing something that I (we) are investing in. I would like to go to a race someday soon too. Thanks again!

Posted by Bam Bam 17 on :

Pic's taken by TJanvil he went to the race. TJanvil is a PalTalk member.

quote:
Originally posted by The Wanderer:
Thanks for the pictures Bam, those were great. Looks like you had a good time too. It sure helps at least seeing something that I (we) are investing in. I would like to go to a race someday soon too. Thanks again!

Posted by VNGNTN1 on :

UPSIDE
What you are describing would only be true in a worst case scenario. The MM would have file bankruptcy and discontinue business. Then your broker and thier insurance would come into play. Yes we all signed and "probably" didn't read ALL the fine print. We have no control over how/who they fill and order.Some brokers have sister MM operations. My guess is those that do are much more careful.
IF this came about it would affect the whole market beyond imagination.
AMO
VAN

[This message has been edited by VNGNTN1 (edited July 25, 2004).]

Posted by bill1352 on :

i agree the broker (ameritrade, ect) will not cover any naked shares but they are libal because they send a conformation either electronically or in paper form...this say the trade you made was completed...they got the shares from a mm and listed them in a street account with your name attached. on aug 20th every broker with cmkx in a street account will 1st add up the shares, 2nd list each owner & the number they hold, third send this list to the TA. the TA will then add up all shares held by all brokers. if this number is bigger then the companies o/s they will then trace back to the mm's they came from. each mm is authorized a certain number of shares to trade, any mm over their a/s will have to cover because the brokers will force them too. IMO if this turns out to happen at what level do the mm's cover? in business a company has what they call bluesky or a point of value that could reasonably be met for cmkx this is based on diamonds not yet found, for ucad this is that plus other mining interests. we know mm's will not be able to cover many ucad shares because there aren't many out there. the pr stated that both companies wanted to quickly increase shareholder value. maybe UC knows for a fact that cmkx is naked shorted and gave ucad proof, thus this deal and just to show he is serious added shares of a company mm's can not get. either way the ppl to force all shares naked or not to be covered are the brokers. in the long run it might be good to have naked shares and who knows UC might have proof of the bluesky value of cmkx. bottom line any naked shareholders will have the brokers on their side forcing mm's to cover, that is if its naked shorted which right now is still a guessing games at best.

Posted by RaiderJR on :

Wallace i'm not sure who started the info about uranium and Gold, I just got it at Sterlings.

It doesn't matter to me because the maps tell the story. If the numbered claims are CMKX then this company has a lot of assets to explore and a lot more potential value than thought.

1. Our connection to UCAD gives us access to the junia mines Gold production. This just began and provides instant cash

2. The zinc mine is drilled but not fully explored, but could be brought to production for 30 million dollars. That is the asset value of Cameco's zinc operation. The Junia Gold will provide this capital pretty easily. Then you have two sources of cash.

3. The uranium claim I know nothing about, it maybe it is discovered through radiation tests and is unexplored.

4. We have two known diamondferious pipes around the Debeers property, neither has been bulk sampled to our knowledge.

5. Hundreds of other anomalies.

With the assets we now have it is just a matter of time before this hits big. Days, weeks, years, who knows.

Posted by RaiderJR on :

quote:
Originally posted by Upside:
What are you guys getting all excited about? This a p/r from March of 2003 and they're talking about three holes that were drilled in 1993. I don't understand what the big deal is.

The big deal is that if this is different than Carolyn then we have a pipe with proven diamond content beyond Carolyn, if the same as Carolyn then earlier testing provided greater diamond content than the two diamonds found in recent testing.

It is good either way.

Posted by RaiderJR on :

An interesting thought on the CIM dividend. It is not worth much now, but if the property is sold then the value of the shares will be based on the sell price. Say it is sold for 1 billion. Then 1/40 = .025 per share.

If the dividend is 1/1 then it would make people wealthy if they own a lot of CMKX.

Posted by Justhis1ce on :

Having read religiously the cmkx thread for at least two weeks, I've come to the realization that, as knowledgable as the most veteran penny stock traders giving their opinions here are, it must be said that credence is in short supply. Given the fact that anyone posting can be either villainously for or against, anyone holding CMKX (of which I am one and quite happy to be) has to ask him/herself wtf are they going on about? Facts and figures scroll dryly on with self serving statistics regardless of having all the salient facts required for accuracy. Rude dismissals as well as eager acceptance of analyses are rampant Having had to wade through the muck and mire of HO'S as a neophyte penny trader (first time ever), I did manage however, to come away with a positive feel and will hold my shares which are, alongside some of you, a mere pittance. I owe my decision to hold 'long' to both bashers and bolsterers of the stock and would like to thank both. I've not bet anything approaching the farm, but if it hits I will have more than I've ever had in my 57 years. Apart from the venom and the veneration, I've learned a thing or two about traders but mostly about human nature. Many of you on both sides are just whack but it is from you that I've learned the most and it is to you that I am most grateful. Thank you.

Posted by tradingpennys on :

Finky.... good post!

_________________________

quote:
Originally posted by finky4x2:
zeninvestor: NITE and NAKED SHORTING
« Thread started on: Today at 12:30pm »

Posted by VNGNTN1 on :

quote:
Originally posted by VNGNTN1:
D$$M I HATE THAT when someone calls me a crazy fool. I thought I was just dumb. BEARCLAW might have been the next great insight on this stock. Excuse me while I go lick a tree.
VAN

1-BEARCLAW
2-JUSTthis1ce
My Tongue is getting raw !!

[This message has been edited by VNGNTN1 (edited July 25, 2004).]

Posted by will on :

Good post!

quote:
Originally posted by Justhis1ce:
Having read religiously the cmkx thread for at least two weeks, I've come to the realization that, as knowledgable as the most veteran penny stock traders giving their opinions here are, it must be said that credence is in short supply. Given the fact that anyone posting can be either villainously for or against, anyone holding CMKX (of which I am one and quite happy to be) has to ask him/herself wtf are they going on about? Facts and figures scroll dryly on with self serving statistics regardless of having all the salient facts required for accuracy. Rude dismissals as well as eager acceptance of analyses are rampant Having had to wade through the muck and mire of HO'S as a neophyte penny trader (first time ever), I did manage however, to come away with a positive feel and will hold my shares which are, alongside some of you, a mere pittance. I owe my decision to hold 'long' to both bashers and bolsterers of the stock and would like to thank both. I've not bet anything approaching the farm, but if it hits I will have more than I've ever had in my 57 years. Apart from the venom and the veneration, I've learned a thing or two about traders but mostly about human nature. Many of you on both sides are just whack but it is from you that I've learned the most and it is to you that I am most grateful. Thank you.

Posted by STAR GAZER on :

Vol 90 No. 20 July 9-15 2004 edition of The Northern Miner, a Canadian weekly newspaper that has been in existance since 1915 talked about Shore Gold which has a land position in the Fort a' la Corne diamond area in Saskatchewan, the same area that CMKX has its claims. Shore Gold recovered 338 carats of diamonds consisting of 3,355 stones exceeding a 1.18 mm square mesh screen from an initial treament of 4,913 tons from it Star kimberlite, for a diamond content of 7 carats per 100 tons. An additional 352 diamonds collectively weighing 6 carats were recovered down to 0.85 mm square mesh. This was similar to the neighbouring kimberlites from the joint Kensington Resources, DeBeers and Cameco joint venture and which in addition have higher grade sections grading 7 to 16 carats per 100 tons for a total of 369 million tons having an average grade of 10 carats per 100 tons. The color and clarity of the diamonds is impressive. The Shore Gold site states: The Star Diamond Project contains a bulk tonnage diamond-bearing kimberlite 100% owned by Shore Gold Inc. The geophysical signature and early stage drilling have indicated a kimberlite body in the 500 million tonne range. Shore is currently undertaking a 25,000 tonne bulk sample to better determine carat values.

Location and Access

The Star Diamond project is located approximately 60 kilometres east of Prince Albert, Saskatchewan, a major supply centre for Northern Saskatchewan. A paved highway, gravel road grid system, and an extensive network of forestry roads provide excellent year round access to Shore’s property. The Star Kimberlite is situated in a burned portion of the Fort a la Corne forest, 2 kilometres north of the Saskatchewan River and 21kilometres to the west of a 25 Kilovolt power line.

The project area consists of 15 contiguous mineral dispositions totalling 4,608 hectares and is 100% owned by Shore. The Company also holds 108 claims covering 23,126 hectares for a total land position of 123 claims covering 27,734 hectares.

Fort a la Corne

The Fort a la Corne area of Saskatchewan hosts one of the most extensive kimberlite fields in the world. Over 70 kimberlites exist in the Fort a la Corne province and over 70 percent of these have been shown to contain diamonds. The deposition and erosional history at Fort a la Corne is such that the crater portions of the volcanic eruptive events have been preserved and not scraped away by glaciation, as is the case with most kimberlites. As a result, the crater portion of the kimberlite has significant geographic extent. The Star deposit averages 88 meters in thickness and covers an area over four square kilometres. The kimberlite is covered by 90 meters of overburden, consisting mostly of sand, mudstone and glacial till. Shore was the first company in the Fort a la Corne district to locate a root zone beneath the kimberlite crater when drill hole Star 20 intersected 539 metres of continuous kimberlite. This is the longest intersection of continuous kimberlite from a vertical drill hole ever reported in North America.

Previous Exploration

After acquiring the key claims in late 1995, Shore completed an airborne geophysical survey in the Spring of 1996 and followed up several magnetic anomalies with a ground magnetic survey. In the fall of 1996 three NQ (48mm diameter) core holes were drilled in an anomaly now known as the Star Kimberlite. These holes were followed up and confirmed by the results from two PQ (85mm diameter) core holes drilled in 1997. Encouraged by these results, Shore has subsequently drilled an additional 29 NQ holes, one PQ hole and one large diameter (24") reverse circulation hole.

Bulk Sample Program

The several seasons of drilling indicated a reasonably homogeneous deposit of consistent diamond content that supported a bulk tonnage scenario. Interpretation of the results confirmed to Shore management that the true value of the deposit could only be determined from a large parcel (3000 carats) of diamonds recovered from a bulk sample. The ore value in a diamond mine is determined as a combination of carat values (US$/carat) and grade (carats/tonne). Once the diamond value is known, detailed drilling can be undertaken to evaluate an average diamond grade and thus develop a dollar value per tonne. A study of sampling methods quickly indicated that a large parcel of diamonds could be recovered most efficiently and cost effectively by way of an underground bulk sample.

Shore is currently well advanced in this program, which is designed to process 25,000 tonnes of kimberlite and recover a minimum of 3000 carats for stone valuation purposes. The 14.5 metre diameter exploration shaft is being sunk to the 250 metre level. To prevent the shaft from caving in while sinking through sand, a ring of holes was drilled to allow the freezing of the ground to 120 metres.

A 10 tonne/hour modular Dense Media Separation Plant will process the kimberlite on site. The sinking of the shaft to 250 metres will produce approximately 5000 tonnes of kimberlite. Lateral drifting from the shaft, on more than one level, will produce an additional 20,000 tonnes of kimberlite for a total bulk sample of 25,000 tonnes Processing of kimberlite will occur during the first quarter of 2004. The diamond concentrate will be forwarded to an independent lab for final diamond picking, after which the stones will be subject to independent valuation.

The shaft and drifts will provide access and internal infrastructure for on going underground drilling that will assist in reserve calculations in the future.

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

300-224 4th Ave. South
Saskatoon, SK
Canada S7K 5M5
Tel: 306-664-2202
Fax: 306-664-7181

©Shore Gold Inc. 2004

Posted by bill1352 on :

i think the only thing we can call fact is that in the kimberlite on cmkx claims there are diamonds and enough to mine as everywhere in the entire area it is true. by the dates of each step of shore mining i think its also fact that cmkx is at least 3 yrs from getting to the point of starting a mining proccess and the cost of getting to that point is big but remember there are 4 companies to share the cost. hopefully these last 2 prs will put an end to the concerns of naked shorting and somebody can get busy mining diamonds

Posted by STAR GAZER on :

On Sterlings board over at the Raging Bull site, they also think that CMKX has found diamonds big time. Potential is good! but mineable results (diamonds) are better! In my opinion Glen and company came on board because some of the core results were obviously excellent! I Dont believe Glenn would come on board for potential alone. I believe we have core results so excellent that it has given Urban, Glenn and company all the confidence in the world to purchase additional equipment, finance the drag racing and do whatever other exploration deemed appropriate at this time. I dont think this conficence shown by all the latest action is on potential alone, I believe this confidence and action is the outward sign of knowing we have struck diamonds BIG TIME!

Posted by STAR GAZER on :

bill1352, you are right, we have a long way to go before we will be producing diamonds, but like you say, the costs will be shared four ways. Also, according to articles that I have read, the price of a company's stock is very low during its initial exploration and evaluation of a metal or diamond site, but as results come in and as steps are taken to secure funding and then actually start mining and selling the diamonds the price of the stock can rise dramatically. We are in the early beginning stages, but for people that hold for the long run, this could be one of those stocks that people can normally only dream about, and we are in it at the beginning of its climb.

Posted by WWJD-thru-me on :

Bill - I agree with most of what you posted on the naked shorted issue. The point where my opinion diverges is where you said CMKX's worth is based on diamonds not yet found. The value will be the total number of acres of mineral rights and surveys already done indicating minerals and their supply. This could include gold and uranium and definitely zinc. We can make the gold a definite if those numbered claims are ours via a PR. We also own cash and shares in at least 2 companies. We have not been reporting and may have already had sales of some minerals. We also may have sales or offers of certain claims. What has been issued in PR's over the last 18 months if taken as truth and looked at as pieces of a picture indicate we may already have agreements and pieces of as many as 8 companies and will recieve shares from each of those. I think we have only seen the beginning of the dividend PR's. Here is a copy of a post that has a PR about receiving spin off dividends the reasons for them:

By: elvis-is-here
15 Jul 2004, 10:59 AM EDT
Msg. 41533 of 51016
Jump to msg. #
(CMKX)-The Plan-IMO
Check this old pr from cmkx re: naked shorts. Very interesting. Maybe they planned to do this scenario but it was too complicated so they hired an attorney.

By the way (SCHB) Schwab Capital Markets, is quitting as mm.

Casavant Mining Kimberlite International Announces
Business Wire, Jan 7, 2003

Business Editors

LAS VEGAS--(BUSINESS WIRE)--Jan. 7, 2003

Casavant Mining Kimberlite International Inc. (OTCBB:CMKI) announced today a series of corporate initiatives in advance of the January 15, 2003 majority shareholder meeting to be held in Las Vegas, NV.

First, CMKI is encouraging every shareholder to hold his shares in certificate form and if the shares are held in street name to make sure that he registers the shares in his own name to make sure the shareholder is properly identified in the official shareholder's audit that is being conducted by the Company and its Transfer Agent. The purpose of the audit is to make sure that every shareholder of record is identified for purposes of the CMKI's mandatory share and cash dividend policy. The share and cash dividend policy is explained below in fuller detail.

Second, CMKI will be contacting the broker-dealer and market maker community to request their cooperation in the shareholder audit. In this regard, CMKI has identified the following market-makers who are active in the Company's shares based on information obtained on January 6, 2003 at www.otc.bb.com, as follows:

AGIS Aegis Capital Corp.
BAMM Brokerage America, Inc.
BMAS BMA Securities
BPAT Baird, Patrick & Co., Inc.
CLYN Carlin Equities Corp.
DOMS Domestic Securities, Inc.
FRAN Wm. V. Frankel & Co., Inc.
GNET Globenet Securities, Inc. (1)
GNLN Gunallen Financial, Inc.
GVRC GVR Company LLC
HILL Hill Thompson Magid, L.P.
JEFF Jeffries & Company, Inc.
LTCO Ladenburg, Thalman & Co., Inc.
MAYF May Financial Corporation
MHMY M. H. Meyerson & Co., Inc.
NAIB Global Partners Securities Inc.
NATL National Securities Corporation
NITE Knight Securities, L.P.
PGON Paragon Capital Markets, Inc.
PILL Phillip Louis Trading Corp.
PRGM Program Trading Corp.
PUGS Puglisi & Co.
QUIN Park Financial Group, Inc.
SCHB Schwab Capital Markets, L.P.
SEAB Seabord Securities, Inc.
TDCM T.D. Waterhouse Capital Markets
VFIN Vfinance Investments, Inc.
(1) Globenet Securities, Inc. was an active market maker during part of the trading day on January 6, 2003, but later "excused" itself from market making activities.

Third, CMKI has been informed that majority shareholders plan on holding their shares in certificate form indefinitely if it helps the Company combat "naked short selling". Under a naked short sale, short positions are not declared, shares are not borrowed to cover the short sale, and the shares are sold without delivering the stock to the purchaser. Real shareholder ownership is undermined by naked short sales of stock and failed deliveries of real certificates that artificially inflate ownership and devalue the price of the securities.

Fourth, CMKI, as previously announced, plans on approving at its majority shareholder meeting a mandatory share and cash dividend policy. The share dividend policy reflects the Company's acquisition strategy that identifies undervalued take-over targets in mineral resource and related businesses. The Company is currently evaluating 7 companies each of whom will benefit from new managerial economic assessment, asset appraisals, accounting peer review and legal restructuring.

Fifth, CMKI believes that its shareholders and the targeted company's shareholders will best benefit from a "cross-dividend" policy. For example, if CMKI acquires a new target company in an exchange of shares, CMKI will pay its shareholders a mandatory 8% dividend of the total number of shares exchanged with the new target company. The shareholders of the new target company will be treated with the same fairness and therefore will be entitled to receive a mandatory 8% dividend of the total number of CMKI shares exchanged with the new target company. Since the mining and mineral resources business is highly fragmented, CMKI believes that its acquisition strategy will provide a way to leverage its assets into a larger more diversified portfolio of companies.

Sixth, CMKI believes that its cross-dividend policy will result in share dividends being issued in the 3Q03. The legal audit of its shareholders of record will speed up this process. Further, CMKI has structured its mandatory 10% cash dividend policy (which is based on its net earnings) to benefit those shareholders of record on the declared dividend date.

Seventh, CMKI believes that its acquisition strategy, spearheaded by the Casavant Family, will require the addition of a seasoned management team. Accordingly, the Board of Directors has nominated Jay McFadden to become Vice-Chairman and Chief Executive Officer, David Bending as President and Chief Operation Officer, and Rick Taulli as Secretary. Messrs. McFadden, Bending and Taulli are currently affiliated with Juina Mining Corporation. See www.juinamining.com. The Board of Directors has nominated David DeSorneau as Treasurer. Mr. DeSorneau was previously a consultant to CMKI. See December 3, 2002 Press Release. The nominations will be voted upon by the majority shareholders at the January 15, 2003 meeting.
---------------------------------------------
I have read so much about CMKX pro and con over the last few months and when I think about a man who has spent many years trying to put together a mining company, and owns the mineral rights to at least 1.4 acres of the most coveted, mineral rich land in North America and possibly the world, and has retained a quality law firm and lawyer to assist in reporting, has asked for audits and done them it does not add up to a scam. Why spend so many years and line up everything that could help you succeed to pull off a scam? I know some people would but UC is said to be a straight shooter by a large number of credible people who have met him. And UC does make himself accessible at the races to any investors. I intend to go to one of the races on the East Coast one of these days and talk with him myself. Anyway, we all make our decisions based on what we know after filtering it through everything we have seen and lived through. I don't see this as a scam. I know some have tried to enlighten me but they have fallen far short. Still long and strong and looking to spend the big bucks in September.
GLTA-DD-IMO-Debi PS I have asked for some of my shares in certificates and will be asking for more but keeping plenty liquid. I have 16 million+ with Freetrade and they will not issue certificates for these or possibly any stocks. Also, all their accounts are margin so I assume they are borrowing against stock all day long. Our dollars at work. IMO-Debi

Posted by cool1sh on :

I hope the negative minded people go to these races and post here what they see instead of saying this is a scam or finding some old s**t (calling it DD).

May be they will say "The race is a scam, there is no race" ??

Go CMKX!!
_______________________________

Debi Posted:
And UC does make himself accessible at the races to any investors. I intend to go to one of the races on the East Coast one of these days and talk with him myself. Anyway, we all make our decisions based on what we know after filtering it through everything we have seen and lived through. I don't see this as a scam.

Posted by Wallace#1 on :

Re the naked short sold shares - assuming they exist and that it is a large number. I will add that I am not convinced either way.

Some of you seem to be saying that those naked short sold shares actually exist. As I said before, I do not agree.

I refer you to a post by finky4x2 on p.22, 7/24 at 21:39. This was an article by Frederick D Lipman, Esq as of 6/10/2004.

Item 1 states "Naked short-sellers...artificially increasing the supply of stock...sales."

Item 2 states "By selling shares that do not exist, naked short-sellers undermine the authority...to control the number of outstanding shares."

Please note the words "artificially" and "shares that do not exist" above.

Now go to Debi's post above at 19:03 which is an old release dated Jan.7, 2003 and read the 2nd paragraph beginning with "First,".
CMKI is basically saying the same thing.

As far as trading is concerned, naked short sold shares do exist in a way because they are being bought and sold along with valid shares, and, anyone could be trading them.

However, when it comes to a distribution of any kind (dividend, split, spin off, etc.), those shares do not exist. They are not authorized shares. They would not be entitled to participate in any distributions from the TA's or the Company's point of view.
If it were a question of shareholders voting on a proposal, the naked short shares would not be able to participate there either...and, yes, I know public shareholders of CMKX do not have that right as of now.

In my previous example of 10 shs I/O and 5 shs naked shorted, making a total of 15 shs being "traded", only 10 shs would participate in a distribution. I am sure that is a fact.

Holders of the non-existing 5 shs would have to fight someone for any distribution and that would start with your broker who also had you OK an "arbitration agreement". Arbitration boards are generally made up of a majority of other brokers...that's why they had you OK the agreement. It is weighted in their favor.

Let's say you are lucky and they rule in your favor -- that you are entitled to the distribution or some other form of compensation. That compensation, would have to come from the broker, the DTC or the MM.
Definitely not the TA or the Company. How any holders would fare is unknown, but it might be costly in the case of CMKX, UCAD and CIM. I would lay odds that it would be (and again, if ruled in your favor) in cash.

If brokers can delay crediting their client accounts with distribution shares, they might be able to cover by buying both UCAD and/or CIM shs. With the same delay by the brokers, the MMs (who are working with the brokers) might be able to cover. Why? Margin accounts from which they can borrow immediately after the distribution when and if paid. If it is not paid, they do not have to worry about it, since nothing happens until the Payment/Distribution Date.
Meanwhile, between the Record Date and the Payment or Distribution Date, the MMs will be doing everything possible to cover their shorts by buying shares at the lowest prices possible.

[This message has been edited by Wallace#1 (edited July 25, 2004).]

Posted by bill1352 on :

i agree with you wallace any naked shares do not exist and yes arbitration is what would happen at the same time the brokers reputation would be on the line. if it turns out that there is naked shares but the number isn't very big both the brokers & the mm's may want to cover on the side to keep it quite but if the number is large like some believe the media would have to cover it thus putting the companies that the public deals with in jeopardy. the average joe may know of and what a mm is but the ppl that need joe's money is the broker. yes its not weighted in our favor but public perception and media coverage is a strong force.

Posted by Upside on :

Wallace,
Forgive me if this is an ignorant question but, using your example of 10 o/s, let's say you own all 10 of them and I own 5 naked shorted ones. Then a per share distribution of some type comes along from the company. How do they know that your 10 are valid and my 5 are not?

Posted by Wallace#1 on :

Bill,

I did not say naked shares do not exist. As to that, I am unsure...neither yes nor no.

Posted by Wallace#1 on :

Up,

I do not think either the company or the TA would know which were valid.

Remember I am not sure of the exact process, what I think might happen is the Co/TA will say to themselves, we have 10 shs I/O and pass the dividend (lump sum form) on to the DTC which will in turn pass that dividend on to the brokers who credit the shareholder accounts.

Some shareholders will say, I did not get my distribution, or, it will be spotted by brokers or the DTC before it gets to that stage.

Somewhere along the way (if the stock is shorted to any great amount) some serious questions will be raised with the MMs.

If there is such serious and major short shares selling, as Bill stated above, it would probably get public somehow...even if the brokers and MMs tried to hush it up.
-----

[This message has been edited by Wallace#1 (edited July 25, 2004).]
-------------------------------------------
In my post above, I stated that only 10 shs would participate in any distribution. That would be true only from the perspective of the TA and the Company. Theoretically, the broker or the MMs could provide or be forced to provide the equivalent in cash or securities.

[This message has been edited by Wallace#1 (edited July 25, 2004).]

Posted by WWJD-thru-me on :

Wallace -The naked short shares exist in our accounts once they are created and function the same as any other share that is matched to a certificate as far as trading goes. We trade naked short shares all the time. The only time it becomes an issue is when a dividend needs to be paid or some other intervention that forces a cover.

Bill is absolutely correct when he says it is in the brokerage house's and MM's best interest to cover the naked short shares. The cost of not doing so in harm to their reputation, the market, the lawsuits plus the hassle from every customer they have would be intolerable.

I am looking forward to seeing how this all plays out. I expect the Naked Short problem to be handled by our expert legal team in a way that benefits the shareholders. That includes all who bought in good faith through a broker.

I used to write contracts for disability insurance. I studied some very basic insurance law to pass some insurance exams. There are so many laws that come into play in every aspect of contracts including the buying and selling of securities that we are protected in many ways we may never even have considered. These one sided contracts that we sign with our brokers set up responsibilities for the sellers that have the public trust. They cannot take our money and not provide what we bought in good faith. There seems to be a theme on this board that thinks that the broker can at the last minute say Oh! it was naked short and Oh golly I don't have the money to pay. That will not fly in the court of public opinion, common sense or any court of law. That is my opinion and it is based on how I read responsibilities of brokers and all who are entrusted to deliver securities that are sold. The responsibility to deliver is with them -not with us. We can ask for certificates if we are worried about our shares. But we should not have to question the validity of shares we buy through legitimate brokers-that is the whole point of the SEC and DTCC. They tell us there is no such thing as naked shorting and so do most brokers. Like I said previously-this is going to be real interesting, educational and IMO profitable. GLTA-DD-IMO-Debi

Posted by Wallace#1 on :

Debi,

Agree with everything you said except the 3rd paragraph about "our legal expert". Assuming that it is Glenn to whom you are referring, I'm not sure he will be or get involved. Just don't know.

This really is interesting and unusual. Do you think it will ever play itself out?

Got to hit the sack now. Spent most of the day helping my neighbor again - put up facia boards and gutters on the house. Very tired.
Good night.

[This message has been edited by Wallace#1 (edited July 25, 2004).]

Posted by tradingpennys on :

They don't own the property.
They own the claims.

quote:
Originally posted by RaiderJR:
An interesting thought on the CIM dividend. It is not worth much now, but if the property is sold then the value of the shares will be based on the sell price. Say it is sold for 1 billion. Then 1/40 = .025 per share.
If the dividend is 1/1 then it would make people wealthy if they own a lot of CMKX.

Posted by WWJD-thru-me on :

Good Morning All, I have to go to traffic court this AM for the appeal of my speeding ticket that I got a long time ago. If the officer who wrote the ticket doesn't show up I automatically win my case. I am hoping he is pulling a detail with Democratic National Convention in Boston and I can save myself enough money to get 3 million more shares. The ticket is only $175 but the rating it would create will add about $1000 to my insurance. Here is a post I liked today which speaks to Urbans charcacter as assessed by Greggdog whose posts I have read many times. I think it echoes what most longs have said in meeting him and I intend to meet him myself in the near future.

My Report From the Seattle Races

by diamondogg11

member is offline

Posts: 606
My Report From the Seattle Races
« Thread started on: Today at 12:57am »

--------------------------------------------------------------------------------
I am partially writing this in defense of Dr. D (even though I know he doesn't need this)..

I personally was at the races this weekend in Seattle..I had a chance to meet with Urban face to face for about 15 minutes..for the record Urban was very professional and did not reveal any inside information..but after my conversation with him I did debate on whether or not ALL that I heard would be appropriate for the main board..not because I don't trust all the wonderful longs here, but because there are hundreds if not thousands who lurk here on a daily basis and Lord only knows who they are..not to be paranoid but some market makers or others who would like to possibly harm cmkx could potentially manipulate what would otherwise be positive information for us to digest.

I myself debated what would be the best way to share my observations and quite frankly I decided against just posting for public consumption..I believe Dr. D had the same concerns when he asked for personal messages but obviously because so many people respect Dr. D's insight and posts, this quickly got out of hand.

Dr. D understands the sensitive time we are in and he has always been an asset to this board..

I also understand what kind of situation the moderators are in because they are trying to keep some sense of order..I'm sure they meant no disrespect to Dr. D.

Again, my hesitation to publicly post my experience was because anything with Urban's name attatched to it could be easily manipulated..and in light of what happened last weekend things can get out of control very quickly..

At this point, I will briefly share my experience at the Seattle races but I will not give any information that I believe would be helpful to anyone who is NOT a supporter of cmkx.

I went on Saturday, and for Seattle weather it was HOT..when I first approached the cmkx pit area Ron was there and we chatted briefly. I got one of the pr packets (with the poker chip and map)..and from what I could tell the map was not significantly different from what I have seen before..but this was not a surprise to me..Ron said that Urban was still at the track and that he did not know where Melvin was at..

When I came back a little later, I ran into a well known poster of this board (I will not mention his name right now without his permission)..and he said other investors were also there..including Topo and someone else we know (and I'm not talking about Sterling )..someone else from this board. This respected poster (IMO) said he hung out with a market maker on Friday night. This market maker confirmed the short based on their experience. Like I said, some other interesting details were discussed but really no reason to put things out there that could be read and used by those who want to hurt cmkx.

Soon afterwards, I was able to talk with Urban. Funny cars on both sides of us were revving their engines so we had to just stand there for a couple minutes without saying a word..I told myself that if I was able to meet UC that I would do two things..1. Try to size him up as an individual and 2. Try to concentrate on just one subject of interest..

I started out slow, asking him if he liked to golf like Melvin and UC simply said that the cars were his thing..then he quickly showed me Melvin's name on the side of the car..

I asked UC about the short situation and whether or not he was surprised about the pps movement after the announcement of both dividends..he responded that cmkx was working on a solution to the short problem, and that this is a problem that has been going on for some time..

Urban was very confident when he spoke to me but I hesitate to even say whether he was highly confident or less confident because again..there is no reason for those who would wish harm on cmkx to have any more information than that..

The value of my time with Urban was not in the details he shared with me (again, he shared no secret information)..but it was the sincerety in which he expressed a caring for the shareholder. He mentioned nothing to me that is not already public knowledge, but hearing it from the man himself was a confidence builder.

After my conversation with Urban, Melvin soon afterwards drove up in a golf cart..he looked a little tired to me..

Because I felt so good about my conversation with Urban I felt no need to bother Melvin. I simply went up to him and shook his hand..I told him that we all were praying for his wife and he looked grateful for the sentiment. I think he was surprised a little that I didn't even want to ask a question. For some reason, it just felt good to shake his hand, smile and then walk away.

My experience at the Seattle races was a good one. My goal of sizing up the man who is leading cmkx through this amazing time was successful imo. In my mind I just confirmed what many others before me have reported. Urban seemed genuinely concerned for the shareholders and confident that cmkx would be successful..and one more thing..

This is just my observation from all those around me at the races..this does seem to be a special time for cmkx..

Let's all hope for the best. Diamondogg

---------------------------------------------
Hi Wallace, I expect this to play out with an eventual cover. More likely after the second dividend (CIM) since it can't be purchased to pass on to shorted shares. I also expect that we may see more dividends including cash which will add additional pressure (possibly the most to date). I also expect things to get very ugly on both sides with the MM's using every trick in the book-another stock patrol article this AM which I think will not do the trick-it had nothing new to say IMO. I think the price will be yanked around a lot. I left a buy order at .0003 and when I get back if it filled I will try for some .0002 if it is available. They are whistling in the wind IMO. The short position has been claimed by CMKX for at least a year and it is getting to the time when both sides will be forced to show their hand. I am betting that CMKX will ultimately win. I don't think it will be easy but they seem to have the goods.

One other thing - they had announced they bought 1.9 Million acres of mineral rights back in 2002. I wonder if they sold some rights after they stopped reporting and got some cash for those too. Like I have said many times-this will be interesting.
GLTA-DD-IMO-Debi

Posted by noahltl on :

Welcome back Debi. Finishing up my booth work at the fair today. Looking forward to getting back on board tomorrow.

Posted by VNGNTN1 on :

DEBI
Three posts back ! I am having trouble with the logic on why you disagree with bill. Several sentences later you said "believe more dividend PR's to come". Since dividendes flow from value, wether or not the shareholders know or have been informed, A value MUST exist for these companys to be offering cash or shares to get some of the "VALUE".
VAN

Posted by Bialystock on :

Seemed like lots of volume going through at .0004 this morning. But then all of my other boards are dead, so maybe cmkx just "looks" busy...

Posted by Garfield1981 on :

People gave up on CMKX?

quote:
Originally posted by Bialystock:
Seemed like lots of volume going through at .0004 this morning. But then all of my other boards are dead, so maybe cmkx just "looks" busy...

Posted by Bialystock on :

No, it's mostly buys at .0004 from what I can see. All through MM Jeff. Hope they're "real" heh-heh.

Posted by WinsumLosesum on :

Ameritrade has just responded to my inquiry as to the validity of my CMKX shares. I've added the bold.

Thank you for contacting us today regarding CMKX.

At this time, we have no reason to believe that the shares showing in your account are a result of a purchase from a naked short sell. However, the company trades as a "Pink Sheet" and is subject to less stringent reporting requirements, so it is impossible for Ameritrade to guarantee that good delivery of the purchased shares will be made.

Recently, the company announced a distribution of shares to qualified shareholders. Again, we have no reason to believe that you will not be entitled to the distributed shares, provided you are holding a position at the market open on the ex-dividend date, or have a settled position on the record date if not quoted ?ex? by the NASD.

Only shares held in a margin account with a debit balance can be loaned (to short sell) or hypothecated (to secure a loan). However, the Federal Reserve Board (FRB) has not deemed CMKX Diamonds a marginable stock, so these shares may not be loaned to short sell regardless of the account type.

You have several options available. You may continue to hold your shares at Ameritrade. Shares in your Ameritrade account are held electronically with The Depository Trust Company (DTC) or registered to Ameritrade directly as custodian For Benefit Of (FBO) your account. This is common industry practice known as "Street Name." While you hold your shares at Ameritrade, you may continue to trade them as you normally would.

Or, it may be possible to hold the physical certificates representing your position in the company. You would then be on record directly with the company's transfer agent, and a certificate would be mailed to you. In order to negotiate the shares, you would need to endorse the certificate and mail it to Ameritrade.

Stock certificate requests may be made online only if issued with a title identical to that of the account holder(s). To request a stock certificate online, you would need to log into your account and click on the tab that reads "Account Services". Under "Withdrawals", requesting a stock certificate is the last choice in this list.

A $40 fee is assessed for the physical mailing of the stock certificate(s) as issued by the company in which the shares were purchased. If the request requires registration to a third party (special registration), the fee is $60, and the request can only be made with a Letter of Instruction signed by all account holders.

These fees along with additional service fees can be found on the last page of the Ameritrade Trading Account Handbook.

Please allow 4 to 8 weeks for processing and delivery by mail.

Again, thank you for choosing Ameritrade. Please feel free to respond to this e-mail or contact us at 800-669-3900 with any questions.

If you have further concerns or inquiries, please reply to this message.

Sincerely,

Scott Bornhoft
Apex Reorganization and Safekeeping, Ameritrade
Division of Ameritrade, Inc.

Posted by Wallace#1 on :

Debi,

Good luck on beating the ticket!

Bill,

Re your post 7/25 @ 21:45 and mine on 7/25 @ 21:55. Sorry, but I misread your post. Thought you were saying I agreed with there being a lot of naked short selling as opposed to naked short shares existing. We are in agreement.

Posted by Wallace#1 on :

Winsum,

Great post! Very meaningful.

Posted by WinsumLosesum on :

quote:
Originally posted by Wallace#1:
Winsum,
Great post! Very meaningful.

Meaningful, yes. Comforting, no.

I just emailed again, asking how or if I would be protected in a worst-case scenario. I'll post the reply.

Posted by Money_Penny on :

Okay okay okay (in an annoying Joe Pesci tone). What is all this debating over??? Aren't you making this way toop complicated??? I myself tend to look at things in a much more simplistic way. Now tell me if I'm wrong.

I purchased X amount of CMKX shares on the open market, through a legit broker, and I now hold those shares in my account. I have records from my broker that I have purchsed X amount of shares and that I own those shares (street name). If those shares were sold legally or if they were created out of mid air (naked short) does not really concern me, since I have "real" CMKX shares in my account, period. NOBODY can take those shares out of my account except me, when I sell them!!!

In the future, when the PPS has increased to a point where I feel I want to sell part of or all of my shares, I put in a sell order and those shares will be sold on the open market and I my account will be credited with the sold amount. End of story.

The only question in my mind, after reading all of this BS, is will I get the dividend shares since the TA may not have a record of my shares if they were naked shorted. You know what, screw the dividend shares!!! I couldn't care less about a few untradeable UCAD & CIM shares. I am here for CMKX and that's where I will make my money.

Am I wrong???

Posted by JBCak47 on :

Also if you have a cash account and used cash to purchase, you shares CAN NOT be naked shorted, as per my understanding. Only Margin accounts can be shorted.

Legally if you purchase x company share at x price, and if the cash is transfered, you have an execution number, the shares electronically show up in your account and you get the documents showing your sells/buys, which they are legally required to send you at tax time.

All those seller/buyer agreements, plus existing secuirities laws would make it totally illegal for brokerages NOT to give you a dividend, even if you do hold naked shorts. Understand the potential windfall that would occur due to undermining the value of our exchanges as well as brokerages being hurt from bad publicity would be scandalous.

Any brokerage that does not want to hurt their consumer and their public perception would legally force any MM to comply with the dividend.

There are no ways around that. Each share holder bought in GOOD FAITH that they were buying into CMKX. That is the legality of the law. You purchased something in which you are now entitled, legally to (WHEN they issue the dividend).

I think, in my opinion, that the O/S will be 40 billion with an A/S of 400 Billion but with like 250-400 Billion naked shorts...

They will issue the shares to the 40 Billion O/S. This is what CMKX is LEGALLY obligied to do. That is what THEIR books, as well as any SEC books (when they report) will say. So legally they only have to issue to the 40 Billion O/S.

HOWEVER

Now legally the MM's who sold the naked shorts sold us legal CMKX shares.

Our brokerages did just that, broker the sale and hold the shares in trust.

They WILL turn to the MM's, not the company CMKX to provide any dividends.

The MM's will now have to cover.

Either buy the shares back or buy UCAD for EVERY dividend.

Keep in mind this falls on a number of MM's so it will be distributed among a number of Mm's not just a single enitity.

In the end it will be cheaper to just buy back CMKX from as many people as possible... Not a problem except:

CMKX RACE CAR

The race car will bring in new potential investors. The MM's now have the added responisbility of buying back the naked shorts but issuing shares to these new investors.

If the CMKX Race car wins a race, and it will have 12 chances to do so, there maybe more long term buying pressure, in a small, but forceful way, lowering the 'float' and making more shares 'longterm' shares. At the same time buying pressure will either drive up stock price or at the very least cause MM'S to work even harder, they can buy back naked shorts, but will they issue the new investors, who may have only cash accounts, not margin accounts, real non naked shorted shares?

You see, buying pressure, lower 'float', dividend to force cover, many shares being 'long term', diamonds, minerals, plus mineral rights on 1.4 million acres= HUGE PPS in theory at least.

However that area Canada has already been found to contain diamonds....

-John-

Posted by HarryHar on :

Is it or is it not our brokers (Ameritrade, Etrade, etc) responsibility to make sure that after three days, our pink sheet buys are settled? If so, then we should have nothing to worry about. They will be held responisible if they are acting with negligience. They may even be perpetuating the naked short selling which makes them just as guilty as the MM's that are making the fake shares. If they are not responsible for making sure that pink sheet stocks that are bought are settled, then who is? It worries me to have to think about this. I would like to believe that Glenn and Urban would not execute the plan unless they were ready to do it without burning the stockholders. I also would like to believe that they already know how this will play out and that they have it planned out to the T. But now, I'm wondering if I should really get them in certificate. What if this really IS the only way to be safe?

Debi do you hold certificates, and if so, what % of your total CMKX investment, if you don't mind me asking?

Posted by HarryHar on :

Does anyone know...

How will our company keep track of the # of naked shares that are retired by MM's purchasing to retire? Sure, they may buy UCAD and issue us dividends, but after the dividend, we would still be holding naked shares. Anyone know how this situation would be tallied? Does anyone know who's gonna keep track, and make sure that the # naked shares that exists is 0? How? I am not turning pessimistic on this stock. I would like to know some more answers if they are out there, regarding this situation. Since this type of situation has really never happened before in Pink Sheet History, there are so many unknowns and so many heads to the beast. Any opnions, dd, is greatly appreciated. 17M+ long and strong...

Posted by WWJD-thru-me on :

Hi All, I am back, I won my speeding ticket appeal on the technicality I was hoping for: the officer who gave me the ticket failed to show up-an automatic win for me. (and an answer to a specific prayer).

Wallace-I was agreeing with all of what Bill posted except that the value of our company would only come from diamonds when mined. I was attempting to say the mineral rights claims we own have a huge value in and of themselves. Those claims are rumored to be available for sale with some of the proceeds to be given to the shareholders as cash dividends. We also have other minerals and other companies per various PR's over the last 18 months.

I wanted to post a link to anyone who wants to read what Melvin had to say on Paltalk. It is mostly a Heartfelt Thank you to all the
CMKX shareholders who cared enough to write and send flowers, prayers or get well wishes. It is about 10 minutes long-so I will supply the link:
http://1millionaire.********s31.com/index.cgi?board=general&action=display&num=1090860390

Winsum thanks for yout post and everyone else thanks for your contributions here.
GLTA-IMO-DD-Debi

Posted by GatorMan on :

JBCak47, the race car will do nothing for us. Win or loose. It's a waste of company money. Companies who advertise in this mannor are advertising a PRODUCT, not INVESTMENT. But, as I've said before, maybe the investment IS the product, and that would be pretty scary for us longs.

I'm sure Urban feels fully justifed in supporting a racing team and calling it advertising. IMO it's no more than an indulgence in his passion for racing at shareholders expense.

Just wanted to put in my 50 shares worth.

------------------
~,-,-< GatorMan

Posted by WWJD-thru-me on :

CLSI won their case against a basher. Please don't take that as an implication that anyone here is one but I hope this board doesn't attract them like RB and some others do.

SI Clancy`s Judgment Against Basher Upheld

July 26, 2004 12:19:00 (ET)

DENVER, Jul 26, 2004 (BUSINESS WIRE) -- Clancy Systems International, Inc. (CLSI, Trade), a leading developer of parking enforcement solutions, was notified on Friday that it's judgment against a basher who had harassed the company for almost three years at various chat room sites, including Raging Bull, was upheld by the Massachusetts Supreme Court. The Company intends to pursue the judgment award.

In a case originally filed with the Superior Court of the Trial Court of the Commonwealth of Massachusetts in September of 2000, the Company sought the identities of John Does 1-10 and filed a claim for damages. This was done as a result of an ongoing barrage of false, defamatory and slanderous remarks about the Company, its officers, its employees and shareholders that were made on Raging Bull and other chat room sites. The persons who perpetrated these falsehoods did so by posting their remarks under alias identities. Once the true identities were disclosed, the individuals were notified to cease and desist their actions. One individual continued his activities which included profanities and death threats. As the postings by this individual did not cease, the Company pursued the case.

The Company was awarded a judgment against the defendant on October 31, 2001. The defendant then began a process of filing appeals through the Massachusetts Court System. The final appeal to the Massachusetts Supreme Court was filed in June 2004.

Throughout this lengthy process, the defendant never provided proof that he at any time owned shares of the Company. He never contacted the Company directly to verify information. It appears that this was a recreational activity. There were over 5,000 posts during the period, and on some days the posts were continual for 10 to 12 hours.

While the Company feels the verdict is just, Company officials expressed sadness that they were forced to take this matter to the courts in the first place. "It has been a terrible ordeal for the Company and its shareholders. We have spent a great deal of time on this matter and wasted valuable Company financial resources. While we understand that a forum like Raging Bull offers an opportunity for favorable and unfavorable comments about publicly held companies, this individual violated all terms of service and went beyond the acceptable rules for posting," stated L. Wolfson, a Company spokesperson.

This press release contains projections and other forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. These projections and statements reflect the Company's current views with respect to future events and financial performance. No assurance can be given, however, that these events will occur or that these projections will be achieved and actual results could differ materially from those projected as a result of certain factors. A discussion of these factors is included in the Company's periodic reports filed with the Securities and Exchange Commission.

SOURCE: Clancy Systems International, Inc.

Posted by Wallace#1 on :

Debi,

Fantastic!!!! You must be one smart kid figuring out the cop might not show because of the convention. I have heard they don't always show when it's their day off too.

Did you misunderstand what I was saying to Bill? I responded incorrectly to one of his posts, not to anything you might have posted.

As to value of CMKX, I agree that the value will come from diamonds...but must add "when and IF found".

Again, extremely happy at least one lawless person beat the rap! LOL

Posted by sherry on :

can repost the link to what Melvin said this morning the one you posted does not work

Posted by tahoechris on :

Heres what he said
"First thing he said on Paltalk (approximate quote): "I'm only going to say one thing about CMKX. Take it from Uncle Melvie (chuckle): There is definitely bigger and bigger things that are going to happen."

"I've never met so many caring and loving people"

"All Urban wants is for us to be one big happy RICH family...and believe me, it will come to that."

"I'd like to personally thank each and every one of you. I'd like to give you all a big hug, but I can't, and that hurts. But there are certain people that have meant a lot to me (you all have, but certain people...) Judy, God bless you... Peter and his wife"

(voice really getting emotional now)

"For the emails, flowers, the most beautiful time in the world I've ever spent, Vicki and I, God bless each and every one of you. We HAVE become a family. I'll never forget any of you, regardless of what happens to this stock."

"I'm going to leave you people with something that is near and dear to Vicki and my heart. 12 years ago we lost our son. We're not the only people who've ever lost a loved one....whatever happened, God made happen for a reason. What I'm about to tell you is the honest truth. I want you to sit back, enjoy a cup of coffee, and listen to me.."

"the year is 1991, Vancouver CA. A 9-yr-old boy sitting in a hospital room isolation ward, chemo, radiation is about to kill him. He goes through a bone-marrow transplant (devastating). 14 days after my marrow was given to Jeff, they did a bone marrow biopsy...that's where they take some marrow from his back..."

(pauses to talk to someone)

"My other two sons are back in Sask. because we didn't want to bring them, because of the stress..anyway, the day we did the biopsy, we wanted the results as quick as possible. The Dr. Spent all day in the lab making sure to get the results. That night, 10pm, 1/17, he came to our room at 10pm...I want you people to picture this...beautiful night, snow, all's quite, Jeff's looking out the window...Dr. comes in, big smile on his face.

1st thing he said: the transplant's working. Well, you know what we thought. We all broke up, Jeff started to smile, we talked for a few minutes, the Dr. left.

My wife and I have made a promise to one another, if this transplant worked, we'd get the other boys, and we decided to do that. I was going to fly home and get the boys and bring them back. We chatted, Jeff was getting tired, so we decided to let him sleep. When we did that and we were saying our goodbyes, Jeff looked at the both of us and said, "Dad...when you go home tomorrow, will you do me a favor? Can you thank the people back home for helping me get my life back?" A 9-yr-old boy wanted to say thank you from teh bottom of his heart to folks for giving his life back.

Point: I want to thank all of you, shareholders, everyone who's had anything to do with CMKX, I want to say this...same thing. I want to think each and every one of you...for the kindness, respect, goodness, everyone has shown. I'll never forget, vicki will never forget, as long as she's on this earth (may be 6 months, a year, 10 years, we don't know), she literally broke down and cried in that room, and she doesn't do that often. I just wanted to thank you.

A while back I said, if this thing takes off, all I want is a thank you. But what I want to say now is that I want to thank each and every one of you for what you've done. If there's anything I can do for YOU, I'm always here for you. Thanks's folks"

Posted by sherry on :

thank you tahoechris for your posting of what melin said.

Posted by Money_Penny on :

I ask again:

1. I purchased X amount of shares
2. X shares are in my brokerage account
3. NOBODY can take those shares away from me
4. The shares remain in my account until I sell.
5. When I sell, somebody will pay real money for them, and that money will get credited to my account.

Am I wrong???

Posted by GatorMan on :

quote:
Originally posted by Money_Penny:
I ask again:
1. I purchased X amount of shares
2. X shares are in my brokerage account
3. NOBODY can take those shares away from me
4. The shares remain in my account until I sell.
5. When I sell, somebody will pay real money for them, and that money will get credited to my account.
Am I wrong???

I think you are pretty much right. I'll admit I don't know but I wonder if the book work doesn't go something like this:

A MM sells shares short (naked). The TA gets notice and adds the shares under your name and deducts the shares under the MM's name, which will now show a negative amount. When the dividend is due the TA sends out the dividend to everyone with a positive balance (i.e., you) and sets up a negative share account for the MM (i.e., he owes the TA shares of the dividend stock just like he does of the original stock). So now the dividend stock is also shorted by the MM.

Again, I have no reason to beleive it happens this way but it seems like a reasonable way to handle it. If this is the case perhpas the MMs don't really have to come up with the shares of the dividend stock or cover the shorts. They just become short in the dividend stock.

If they can create the original stock out of thin air why can't they do the same with the dividend stock?

------------------
~,-,-< GatorMan

Posted by VNGNTN1 on :

MP
My opinion on safety priority:
1-Hold Certicates
2-Trade from "CASH" account
3-Trade from "MARGIN" account
VAN

Posted by Wallace#1 on :

GatorMan,

No offense, but it looks like you need a new book. It just does not work that way. The TA is not involved with normal trades.

A buys stock through broker C
B sells stock through broker D

MMs either sell themselves to C for A or buy themselves from D for B, or, they match the trades of A-C (buy) and B-D (sell).

Under normal circumstances, the TA is not informed of these trades...whether naked or real shares are involved. The only way I can think of the TA being involved is if A requests his certificate through C. Even then, I cannot see where the MM would be involved.

[This message has been edited by Wallace#1 (edited July 26, 2004).]

Posted by Wallace#1 on :

VAN,

As I have said before, the only guarantee that you hold valid shares (where there is a huge amount of naked short selling) is to hold the physical certificates. Then, and only then, will the TA have your name on it's records...and that is because the TA would have been the only entity that recorded and sent that physical certificate to you through your broker.

Posted by GatorMan on :

quote:
Originally posted by Wallace#1:
GatorMan,
No offense, but it looks like you need a new book. It just does not work that way. The TA is not involved with normal trades.
A buys stock through broker C
B sells stock through broker D
MMs either sell themselves to C for A or buy themselves from D for B, or, they match the trades of A-C (buy) and B-D (sell).
Under normal circumstances, the TA is not informed of these trades...whether naked or real shares are involved. The only way I can think of the TA being involved is if A requests his certificate through C. Even then, I cannot see where the MM would be involved.

[This message has been edited by Wallace#1 (edited July 26, 2004).]

As I said, my scenario was speculation. But I still think the TA does more than issue certificates. I think they are the ones who keep track of who owns the stock for the record. So when a MM sells you stock they notify the TA tha x shares were sold from their position to yours and the TA makes the book entry. If not, how does any company determine who is the stock holder of record? I doubt they go to each brokerage and MM and ask them. To many chances for missing someone or down right fraud. The TA is, I beleive, the record keeper for the stock.

You are absolutly correct about how the MMs match up the buys and sells. But it's the TA that keeps track of who owns the stock.

Once again, this is how I see it happening and I may be 100% wrong (wow, that would be a first! ) It would be something interesting to research.

------------------
~,-,-< GatorMan

Posted by Money_Penny on :

L2 at 3:50

From another board

BID ASK

11@.0003 1@.0004 (JEFF)
6@.0002 6@.0005
None@.0001 4@.0006

Posted by Wallace#1 on :

No, GatorMan, the MM would not be informing the TA of his trades. The MM is an electronic market maker...strictly debits and credits. His dealings are with the broker who keeps a record for the shareholder. There is no way the TA would be recording each and every trade in any particular security.

If you hold the physical certificate, yes, the TA has you recorded as the owner of valid shares.

As to distributions of any kind (and here, I reiterate, I am not sure) I suspect that the distribution is sent to the DTC in some kind of lump form and that is distributed to the brokers who record in the shareholders' accounts. Remember, as far as that distribution is concerned, the TA absolutely DOES know how many issued and outstanding shares there are. Say there are 10 shares total issued and outstanding. The TA would then provide the DTC with another 10 shs for a 2x1 split (and here, again, I am not sure how it is done) to distribute to the brokers and then to the shareholders. This is precisely why I say any naked shares sold (such as 5 in my example) would create problems. The TA could not provide the DTC with more shares than legally should exist. Therefore, 5 shs would remain invalid. Problem also comes in the fact that all shares are mixed together during trading, so the valid vs the invalid cannot be sorted out as far as I can determine. I do think some innocents could get hurt. That is why I have been suggesting demanding the physical certificates.
--------------------------------------------
Remember, this dilema will exist only if there is a large quantity of naked shorted shares sold by the MMs. Some posters here insist that is the case. Others, say that it is not the case. I sure as hell do not know!
-------------------------------------

Must go now...a few things to do at home.

[This message has been edited by Wallace#1 (edited July 26, 2004).]

Posted by bill1352 on :

i just got off the phone with ameritrade..the 800 number listed on line....the girl i talked to never heard of such a thing so she went to talk to her supervisor, when she came back she asked if i was asking because of a certain stock...i said yes and told her it was cmkx...she said she thought so, that the ppl in charge have been discussing it and yes ameritrade would not want any of its customers to have this happen to them because of their reputation. of course she didn't go into detail but they knew about cmkx and they were discussing the posibbility from the way she talked. she did say they have no plan in place if this was to happen and she believed that ameritrade would stand up for their customers if such an event did happen

Posted by VNGNTN1 on :

BILL
How nice of them ??
VAN

Posted by bill1352 on :

from what i've read and from my call to ameritrade the only person that knows you have shares is your broker. the ta just records total amounts to keep a continus count against the o/s. if a mm is naked shorting he would not let the ta know as at some point it would if deeply shorted run the buys over the o/s and he would be caught...the broker would never know (from call to ameritrade) and the ta would never know. if a stock is naked shorted the way ppl think cmkx is the ta would have more listed shares sold then the o/s which they would have to know. if it turns out that it is naked shorted come whatever date they pass out the ucad & cim shares then all records & names would have to be pulled and matched up and any shares that didn't match would have to be erased from the account they are held in or covered by the mm at fault. when all is said and done the number of shares held in street name at all brokers can not go over the o/s and if your shares fall into that list you will not be able to trade them.

Posted by Money_Penny on :

Sorry bill, but I don't see how:

1. Shares can be erased from an account
2. Shares in your account can be deemed untradeable

No way in hell!!!

Posted by Upside on :

I'm assuming that this huge naked short position, if real, is a fairly recent development? Remember, in September of last year there was a 2 for 1 forward split followed by a CMI dividend in October of last year and then a name change and new CUSIP # assigned in March of this year. All of these events, according to some, will force a short position cover yet at no time during these three did we see it happen. Does that mean that this massive short position was built up since March of this year or at the latest, September/October of last year?

Posted by GatorMan on :

Source: http://www.sec.gov/answers/transferagent.htm

Note function #1.

Transfer Agents
Companies that have publicly traded securities typically use transfer agents to keep track of the individuals and entities that own their stocks and bonds. Most transfer agents are banks or trust companies, but sometimes a company acts as its own transfer agent.

Transfer agents perform three main functions:

1. Issue and cancel certificates to reflect changes in ownership. For example, when a company declares a stock dividend or stock split, the transfer agent issues new shares. Transfer agents keep records of who owns a company’s stocks and bonds and how those stocks and bonds are held—whether by the owner in certificate form, by the company in book-entry form, or by the investor’s brokerage firm in street name. They also keep records of how many shares or bonds each investor owns.

2. Act as an intermediary for the company. A transfer agent may also serve as the company’s paying agent to pay out interest, cash and stock dividends, or other distributions to stock- and bondholders. In addition, transfer agents act as proxy agent (sending our proxy materials), exchange agent (exchanging a company’s stock or bonds in a merger), tender agent (tendering shares in a tender offer), and mailing agent (mailing the company’s quarterly, annual, and other reports).

3. Handle lost, destroyed, or stolen certificates. Transfer agents help shareholders and bondholders when a stock or bond certificate has been lost, destroyed, or stolen. If this has happened to you, read our search key topic, Stock Certificates, Lost, Stolen. Also, if you hold securities in your own name and want to transfer or sell them, you may need to get your signature "guaranteed" before a transfer agent will accept the transaction. For information about transferring your securities, please read "Signature Guarantees: Preventing the Unauthorized Transfer of Securities" in our Fast Answers databank.
In many cases, you can find out which transfer agent a company uses by visiting the investor relations section of the company's website. You also can find general information about transfer agents on the Securities Transfer Association website, a private trade organization. Please note that the STA is not equipped to respond to individual inquiries via the telephone, mail, or e-mail. Shareholders with transfer related inquiries, even if they are general in nature, would be best served by speaking to the transfer agent or issuer for the security in question or their broker-dealer.

------------------
~,-,-< GatorMan

Posted by Money_Penny on :

I must say the bashers are doing a good job. They have completely diverted our attention and they've now got us worried about the shares in our accounts not being legit. They are saying "order certificates if you want to be safe". They know this will not affect us longs (as we have nothing to lose), but any newbie or lurker reading this discussion will definitely think twice about keeping this stock. Think about it!!!

Posted by GatorMan on :

quote:
Originally posted by Money_Penny:
I must say the bashers are doing a good job. They have completely diverted our attention and they've now got us worried about the shares in our accounts not being legit. They are saying "order certificates if you want to be safe". They know this will not affect us longs (as we have nothing to lose), but any newbie or lurker reading this discussion will definitely think twice about keeping this stock. Think about it!!!

Well, I'm trying my best to counter some of that by trying to understand EXACTLY how the system works. For some of us getting the physical certificate is not an option. My shares are in an IRA and I think getting the certificates would amount to a distribution.

For those who offer statements on how things work without stating that they are guessing or speculation I'd suggest a link to your source.

------------------
~,-,-< GatorMan

Posted by Money_Penny on :

Thanks Gatorman,

Now we know the TAs know how many shares each of us own. When it's dividend time, we won't be forgotten, even if our shares were naked shorted. This confirms what I've said earlier...the shares in our accounts are REAL. NOBODY (besides us) can touch them. As far as I'm concerned, any further discussion on this topic, casting any doubts over these FACTS, should be regarded as bashing.

Posted by rivercity on :

gatorman, thanks great info. i to have spoken to ameritrade,their broker assured me that if you have a cash account,not margin,you most definitely will receive any and all dividends. he also stated that cash accounts could NOT be short sold. also,stated that you have actual shares in a cash account. and finally he said that YES they have been getting a lot questions about cmkx..........rivercity

Posted by bill1352 on :

gator man..i stand corrected...but i still dont see the mm's letting the ta know how many shares they have traded if a bunch was naked shorted, at some point it would pass the o/s, that is if cmkx is naked shorted by as much as some ppl believe. they would then be busted and game over. plus if when the dividend is paid and all accounts are increased by x number of ucad shares and if there are ppl with cmkx shares but no ucad and its over the o/s those would not be legal shares thus they never existed how can a broker let you sell something that doesn't exist? the broker would have to go back to the ta who would go to the mm and thats the only person you could be allowed to sell those naked shares to...the person that created them out of thin air. but not on the open market.

Posted by Upside on :

River, Money, & Gator,
I dont know, the way I read function # 1 is that the TA keeps the records in three different ways. Let's say the 4 of us all used Ameritrade and we each had 1 million shares, held by Ameritrade on our behalf (street name). I believe the TA's records would show Ameritrade holding 4 million shares in street name but would not have our personal names attached to them.

Posted by dimndlvr on :

Now all this discussion about covering naked shorts due to the amount of O/S is very clarifying for us "newbies" one question still remains... If they are concerned about there being such a large number of O/S so that the dividend will be small or difficult to spread out to so many shares who decides and how easy would a reverse split be? I have heard of that happening in the past. Does anyone have any input on: a. how likely that would be, b. what the impact on current shareholders would be? and c. who has the final decision to make this happen? It seems that if what the majority concensus is saying is true..that CMKM is undervalued, that would be a sure way to increase the value of the stock without having to find the "motherload". Anyone have any input on this?

Posted by Money_Penny on :

quote:
Originally posted by Upside:
River, Money, & Gator,
I dont know, the way I read function # 1 is that the TA keeps the records in three different ways. Let's say the 4 of us all used Ameritrade and we each had 1 million shares, held by Ameritrade on our behalf (street name). I believe the TA's records would show Ameritrade holding 4 million shares in street name but would not have our personal names attached to them.

Upside, read the last sentence of function #1 again. Now that's pretty clear to me.

[This message has been edited by Money_Penny (edited July 26, 2004).]

Posted by GatorMan on :

quote:
Originally posted by Upside:
River, Money, & Gator,
I dont know, the way I read function # 1 is that the TA keeps the records in three different ways. Let's say the 4 of us all used Ameritrade and we each had 1 million shares, held by Ameritrade on our behalf (street name). I believe the TA's records would show Ameritrade holding 4 million shares in street name but would not have our personal names attached to them.

I'd say you are absolutly correct. So when the TA sees that Ameritrade is holding 4 million shares they send the dividends to Ameritrade who then distrinbutes them to the proper accounts.

------------------
~,-,-< GatorMan

Posted by finky4x2 on :

Ran across this on another board:

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

By: schmedrick
26 Jul 2004, 02:11 PM EDT
Msg. 51826 of 51863
Jump to msg. #
The Cert Pulling Circus is in Town

I was wondering how long it would take before the old cert pulling circus would roll into town. Well it has finally arrived in full force, and everyone is jumping on the bandwagon. It never ceases to amaze me how so many people think that pulling their certificates is going to do something positive for the the stock price, and yet with so many hundreds of stocks and their shareholders attempting to do this time after time, it has never once accomplished anything.

Actually I stand corrected, it does accomplish one thing, it takes each shareholder completely out of the market and they are no longer able to trade their stock should a run or a tank in the stock price occur. I find it very interesting how this cert pulling phenomenon continues to resurface and gathers steam over time only to die out later on, and then resurfaces again. It is also curious how so many traders overlook the main item that actually causes a stock price to rise, and that is "value" of the company. Without value under the stock, there is virtually no reason for the stock price to rise. If there were 100M shares O/S and there were another 100M shares naked short, without any value, there is no reason that the stock price should rise. Once value is placed under the stock, only then can a price per share be applied to each "legitimate" share in the marketplace. Without this value placed under the stock, nothing from nothing still equals nothing. The MM's and offshore hedge funds are well aware of this, and that is the primary reason they short different stocks into oblivion, because they know without real value, they have nothing to worry about.

A prime example of this is sometime back in 2003 when Urban released a PR urging all the shareholders to pull their certificates to combat the alleged naked shorting problem the company was experiencing. Looking back in retrospect we can now see this was completely ineffective, why? because the key ingredient was still missing, and that was "value". As time progressed forward a number of other tactics were used by the company to combat the naked short problem such as a stock symbol change, a CUSIP change and a few other things, but guess what? they were all ineffective, they accomplished absolutely nothing, why? because the key ingredient was still missing, value.

Over the weekend a few conversations were held with Urban at the Seattle races, and the cert pulling frenzy has been kicking into full swing once again. The truth behind these conversations has been twisted and contorted in so many different ways it is amazing we are still talking about the same subject by now. The truth of the conversation was, somebody asked Urban if it would do any good for the shareholders to start pulling their certificates? Urban replied by saying "I believe it would help what we are trying to accomplish" He never said "I urge all shareholders to pull their certificates" that statement never happened, why? because he tried that back in 2003 and it didn't work, why would he try it again?.

So a few shareholders who are caught up in the hysteria of being able to participate in what could be categorized as the stock play of a lifetime, and from the looks of the PR's released over the last 5 weeks or so, this may indeed be the case. One thing people need to realize is that we are dealing with very sophisticated individuals that go around naked shorting stocks, as well as the individuals who facilitate those trades. These folks have financial, informational and legal resources that are far beyond what most of us can comprehend, and if we all really knew the truth as to these resources we would quickly understand why it is a futile attempt to play the cert pulling game. Now, enter Roger Glenn, here is one of the world's foremost authorities in securities enforcement and corporate governance working on our behalf. This should be a very strong indicator to all of us as to the lengths a company must go to in order to bust the naked short sellers, and the people who facilitate the naked short sales. When all of the shareholders start trying to help Roger Glenn by pulling their certificates and causing all kinds of other chaos, they are actually making Roger's job more difficult by muddying up the waters with certs flying back and forth between shareholders and their brokerage firms, not to mention the DTC.

People need to chill out and let the man do his job, Roger is THE only person that can resolve the issues we are facing if there is indeed a large naked short position here. Neither you, me or anybody else can take care of this problem, the complexity of everything it takes to resolve the issue is far beyond anybody's comprehension. Everybody has two stock dividends coming their way near the end of August. Kick back, wait for it to come to you, and try not to stress out so much because it won't do you any good, how far has it gotten you in the last 3 weeks? It is easy to see the company is moving forward by the string of PR's that have been released over the last 5-6 weeks. Building a company and providing value takes time, it doesn't happen overnight, so we all had better get used to it. It would also be nice if we discontinued twisting other people's words around to suit our fantasies of becoming fabulously wealthy, if it is to happen, it will happen when the company is ready to make it happen. You may have good intentions of helping everyone out but in fact you are only compounding the problems the company and Roger Glenn are trying to solve for us. So in other words, CHILL OUT and quit making this more complicated than it needs to be!

These are just my opinions.
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=51826

Posted by tahoechris on :

Im not getting certificates. I am confident that great things are coming out of cmkx, but there really isn't a single stock out there that one can be 100% sure in, therefore, no reason to get certs. Good things are coming, I like many of you cannot wait.

Posted by Upside on :

Originally posted by Gatorman:

quote:
I'd say you are absolutly correct. So when the TA sees that Ameritrade is holding 4 million shares they send the dividends to Ameritrade who then distrinbutes them to the proper accounts.

Agreed. At least to the best of my knowledge that's how it would work.

Posted by Money_Penny on :

Well, I don't know why you guys are not reading this sentence ("They also keep records of how many shares or bonds each investor owns.") but in the end, you are right that Ameritrade, or whoever the broker may be, will distribute the shares on a pro-rata basis.

Posted by Highwaychild on :

Dim,the last split cmkx had was a 2 to 1, foward direction.Heard no talk of anything backwards.

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

Posted by WWJD-thru-me on :

HI Wallace -I am assuming the lawless comment was a joke. I will receive the atta girl and say you guessed correctly I am smart, good at reading between the lines and seeing the big picture.
---------------------------------------------
After going round and round on the Naked short issue-certificates etc. and reading countless message boards I have finally come to the conclusion that we will all be OK if our stock purchases have passed the settlement date (we have owned our shares more than 3 days when the proverbial meadow muffins hit the fan). Whether they are naked shorted or not we have the firms who sold them to us accountable. They have the MM's who sold them to them accountable. The MM's have insurance, the brokerages have insurance and if any firms go bankrupt there is the SIPC who I called today and as near as I can tell after speaking with one of their staff lawyers understand that they only come into play when a broker can no longer meet their obligations (as in going bankrupt). I do have 5 million shares in certificates but unless the company requests us to get ours in cert form that will do it for me.

I don't expect to spend much time wondering and listening to the spinning of what ifs on the issue. The shares exist in my account regardless of their state of dress-nekid or clothed.

JEFF will move off the price and cover eventually or take his chances with the SEC, and when they are through then the shareholder and class action lawsuits assuming he is naked shorting. And if he is and continues to do so maybe he will move off the price in handcuffs.

Hope everyone has a seat belt handy. As Bette Davis said 'It's going to be a bumpy night'.
---------------------------------------------
IMO-DD-GLTA-Debi

Posted by Wallace#1 on :

Up,

You are very much correct!

As to what happened in the case of CIM, I do not know much about it, except that it was much the same kind of talk, etc. and now is not traded and considered to be worthless. Just a thought, the worthless part may be why the question never came up.

I'm giving up on trying to explain this. Already some seem to be suggesting that explaining the facts, even up to a certain point that one knows is factual, is bashing.

Guess I will take a nap and check in later to review all the wild stories and accusations.

Posted by Highwaychild on :

I think Ameritrade has probably got lawers that would make Johnny Cochran look like Marsha Clark.If some mm want's to try Ameritrade I would love to see what happens.I think alot of 'em, good severice.I would take payment plans, or however they get me my money.I'm in no hurry.It would be a history maker, it's never happened before so that would be something to see.

Posted by Wallace#1 on :

Debi,

Of course the lawless part was a joke! Didn't I put LOL after it? If not, I meant to.

Nap time. Bye.

Posted by Money_Penny on :

quote:
Originally posted by Wallace#1:
Up,
You are very much correct!
As to what happened in the case of CIM, I do not know much about it, except that it was much the same kind of talk, etc. and now is not traded and considered to be worthless. Just a thought, the worthless part may be why the question never came up.
I'm giving up on trying to explain this. Already some seem to be suggesting that explaining the facts, even up to a certain point that one knows is factual, is bashing.
Guess I will take a nap and check in later to review all the wild stories and accusations.

You are giving up because we have countered your bogus argument with irrefutable facts.

Posted by HarryHar on :

DIMNDLVR

In my opinion, it is not likely that a R/S happens. Urban can't afford to make shareholders question him anymore. A lot of us have been invested in CMKX for over a year, and are really going to be on tilt if the pps stays under .0005 by the end of the year. If it was to happen, it would be, in the case of CMKX, decided by Urban and/or Roger Glenn.

Even if a R/S happened, it would not suddenly increase the value of the company, as you said in your post above. There would be less amount of shares outstanding and in float. The market cap of the company would not change.

------------------
Howcome it's bashing to try and find out some opinions on the security of our holdings? That's completely ridiculous. Because I care so much about my holdings in this company, I want to cover my bases when this stock does start to fly. I don't see anything wrong with that and would actually call you a bit near-sighted if you aren't trying to find out as much information about the security of your holdings as possible. This type of situation has never happened before. You can't be too safe because no one knows how this will turn out (even if the price goes crazy!) in the end. I have 17M and holding long.

Posted by Money_Penny on :

Harry,

Nobody said YOU were bashing. However, more than likely a basher put us up to all this, and the whole discussion just spun out of control. You just got caught up in it. Now we know that our shares are safe. The TA knows what we own, and dividends will be distributed to all of us. END OF DISCUSSION.

Posted by goforit72545 on :

Take this for what it's worth!PAID BASHER CONFESS!! READ!!
(post from another board today)

Posted By: islandtime Msg# 48538 of 52036

Post Reply Post New Message >

By Tom Martin
aka “Steve Tracy”
aka “Firebird_1965”

Today I want to come clean about something I
feel very badly about. I cannot undo some of
the things I have done, but hopefully this
message will prevent other such occurrences in
the future.

I am a paid basher.

Yes, it is true. Today is my last day at this
company; I’m moving on to a new job. But before
I go, I want to explain a few things because
this just isn’t right and I won’t feel good
about myself until I expose this sham. It’s
hurt too many people and I don’t want it on my
conscience anymore. I can no longer live with a
lie.

I work for a company called Franklin, Andrews,
Kramer & Edelstein in Stamford, CT. Basically,
it’s a Boiler Room much like the one in the
movie of the same name. The idea behind my
group is to bash the price of a company’s stock
down low enough to where the group of investors
who retained our company’s services can buy the
stock really cheap and perhaps even take it
over all together.

There are approximately 70 people at the
company divided into several groups. My group,
consisting of 5 people, is responsible for
BIFS. While I probably shouldn’t give any names
of anyone working here now, what the heck, I’m
leaving here, so what can they do – sue me? Ha!
I can tell you that GUTTWRENCH was part of my
group until he left last week, as was
Richardphx. Others who have been part of this
include early bashers like Epiphonics and
Simontaz. You may be interested to know that
some hypsters, such as Amato7 and BIFWATCHER,
have also been part of the scam (more on that
later).

There are several companies engaged in the
bashing business – ours is not the only one.
However, I can tell you that not every basher
in here is a paid basher. Having done this for
two years, I can usually tell who is a paid
basher and who is merely someone having a
little fun. While unpaid bashers have a
different motive than someone like me, they can
be unwilling accomplices to helping me achieve
my ultimate goal and they also spread rumor and
confusion throughout a room, which also helps
me.

What is that goal? Well, I am merely a cog in a
much larger machine, so my bosses never really
explained the big picture to me, but I’d say
essentially, GUTTWRENCH was right. There are
several companies who are quite familiar with
SWOMI and who are deathly afraid of it.

There are three types of bashers here at
Franklin, Andrews, Kramer & Edelstein:
Advanced, Intermediate and Beginner. An
Advanced-level basher (also known as a Silver
Tongued Devil) would spread false or misleading
information about the company. They would deal
in facts, countering every longs post with
articles, news reports and opinion surveys that
gave a negative impression about the company.

An Intermediate-level basher (also known as a
Serpent) would try to weasel their way into the
confidence of longs and create doubt using
rumor or innuendo.

Finally, a Beginner-level basher (also known as
a Pitchfork) would attempt to create confusion
in the room by distracting other posters with
satire, name calling and pointless arguments.
The idea was to make sure no serious discussion
of the stock could take place. A Pitchfork was
usually a basher, but not always. Sometimes, we
would throw in a hypster Pitchfork such as
Amato7 or BIFSWATCHER to create the illusion of
an argument going on. What was really funny (in Advertisement:
a perverse way, I guess) was that Amato7 and I [Image] [Image] [Image]
sat next to each other, laughing the whole
time.

I was a Pitchfork. I was paid a base wage of
$12 an hour for my services. I was given a $1
bonus for every post over 100 per day as well
as a monthly bonus of $100 for every penny the
stock had dropped from the previous month. I
was also paid a bonus for bashing on weekends.
While this may not sound like much, I made a
decent, though dishonorable, paycheck.

Each of us sat in a small half-cubicle in a
cluster with our teammates. Each group (usually
five people) was made of three beginners (two
who would bash and one who would hype), one
intermediate and one advanced level basher.
Occasionally for some of the hotter stocks, one
of the beginners would be replaced by an
intermediate depending on how much the stock
was rising. BIFS was a low-level stock, meaning
it got the 3-1-1 configuration. Somehow, I get
the feeling that JPACK2 may have worked for a
basher company or knows someone who does
because the “Basher Handbook” he occasionally
posts is eerily similar to the one we actually
use. While not a word-for-word match, I’d say
it is about 90 percent the same. We do have
certain rules that we follow.

First, we have to develop a character and stay
within that character in order to build a
“following.” My character, “Firebird_1965,” was
a sarcastic, obnoxious supporter of free
speech, but only when it came to bashers.

Next, we had to follow certain guidelines on
what we could say. We were urged to have an
“answer” to every long’s question, but we were
to frame that answer in a way that ridiculed
the questioner for asking such a question.
However, we were never to use profanity or
vulgarity because that would cause people to
ignore us. We were to make fun of people, but
in a civil way. The idea was to get “play,”
i.e. – reaction from other posters. The more
play we got, the more the room would be
disrupted. Ignored posters get no play. One
exception would be the hypster – since they
were “defending” the stock against our
onslaught, they got a little more leeway.
People would side with the hypster because they
thought he was real since he appeared to be on
their side, but was really on ours, setting us
up to disrupt the room. Padelcars is quite good
at this and gets paid very well.

I’ve worked on BIFS for about three months now.
In addition to the Firebird_1965 alias, I’ve
used a few others on the BIFS and several other
boards as well. I stuck with Firebird_1965
because it was the one that got the most play
from other posters.

In closing, I feel absolutely terrible about
this. It’s just awful how I’ve been part of a
scam designed to cheat honest, hard-working
people out of their investments all for the
benefit of a few wealthy people who already
have enough money to last a lifetime. These
greedy people MUST be stopped. That’s why I’m
posting this before I leave. I want to make up
for some of the damage I’ve done. I can’t live
with this lie anymore. You can’t imagine how
hard it is to look at myself in the mirror each
morning knowing my job is to cheat and lie.

I have to go now, I’m too broken up to
continue. I hope this confession can make up
for my sordid deeds; I would urge everyone who
reads this to copy and repost it as many times
as you can. Only by shining the light of truth
can we drive these rats back into the darkness
from whence they came. Believe me, they don’t
want publicity.

I hope all of you can forgive me and save me a
seat on that BIFS rocket to the moon. If this
helps, let me leave you with this…

GO BIFS!!!!

With fervent remorse,

Tom Martin
aka “Steve Tracy”
aka “Firebird_1965

Posted by will on :

I kind of remember the requesting of shares was suggested by folks who are the biggest supporters of CMKX.

quote:
Originally posted by Money_Penny:
Harry,
Nobody said YOU were bashing. However, more than likely a basher put us up to all this, and the whole discussion just spun out of control. You just got caught up in it. Now we know that our shares are safe. The TA knows what we own, and dividends will be distributed to all of us. END OF DISCUSSION.

Posted by RaiderJR on :

Getting certs doesn't change the number of real shares you have. If they are real now they will be real then.

What it can do is inform you of your position. If I applied for certs and could not get any then I would worry.

If I then dumped my shares on another unsuspecting trader I would be liable because I knowingly passed on illegal shares.

If part are naked and part real you could tell your broker to sell specific cusip numbers to dump the nakeds but then you and they become liable, knowingly selling naked shares.

Ignorance is bliss.

Posted by Trade Dog on :

Franklin, Andrews, Kramer & Edelstein
F A K E

Posted by Upside on :

goforit,
That thing has circulated before and hasbeen pretty much debunked. Take a look at the first letters of each of the firm names partners. It spells FAKE.

Posted by Money_Penny on :

goforit,

great find. Anyone care to confess?

Posted by will on :

LOL, leave him alone, he belives anything. He tried to convince me CDVJ would be .25 by the end of the week a month ago. We need folks like that, when it is time to find a "greater fool" hopefully they will be around.

quote:
Originally posted by Upside:
goforit,
That thing has circulated before and hasbeen pretty much debunked. Take a look at the first letters of each of the firm names partners. It spells FAKE.

Posted by Money_Penny on :

FAKE? Aaaargh..I fell for it, LOL.

Posted by Prdponce on :

CMKM Diamonds Inc. Acquires Additional Interests in Saskatchewan
7/26/2004 7:57:00 PM

LAS VEGAS, Jul 26, 2004 (BUSINESS WIRE) -- CMKM Diamonds Inc. (Pink Sheets: CMKX) announced today that it has agreed to acquire a 60%, undivided interest in 500,000 acres of potential Kimberlite mineral property in Saskatchewan, Canada. The property is currently owned by Nevada Minerals Inc., a private company unrelated to CMKM. The property is being developed by a joint venture between Nevada Minerals Inc. and U.S. Canadian Minerals Inc. CMKM will acquire the interest in the property in exchange for 75 billion shares of restricted Rule 144 stock of CMKM. In order to reduce the dilution to CMKM's shareholders as a result of this transaction, Urban Casavant, CMKM's CEO, has agreed to contribute 40 billion shares owned by himself in exchange for an agreement from CMKM stating that Casavant will be paid only if the acquired property actually yields a profit. According to the agreement, Casavant will be paid one-half of the net proceeds from any mining on the property, after paying all associated expenses, up to a maximum aggregate total of US$62 million. CMKM will issue 35 billion new shares of the company to Nevada Minerals Inc. to complete the transaction.

As announced earlier, U.S. Canadian Minerals Inc. recently issued 7.5 million shares of the company's stock to CMKM in exchange for certain mineral rights. Those shares have been issued to CMKM and will be distributed to shareholders of record of CMKM on Aug. 20, 2004. Due to Casavant's share contribution to the property acquisition by CMKM occurring prior to the Aug. 20, 2004, date, Casavant will not receive this or any subsequent dividend.

Casavant stated, "We are delighted to make the acquisition of this property, which is covered by our proprietary Goldak Airbourne surveys. We will be traveling to Saskatchewan in August with executives from U.S. Canadian Minerals Inc. to view the property owned by CMKM with the intent of planning a drilling schedule." The drilling will be performed with Rick Walker and United Carina Resources Corp. (CA:UCA), Consolidated Pine Channel Gold Corp. (CA:KPG) and Shane Resources Ltd. (CDNX: SEI).

D. Roger Glenn, CMKM's counsel, stated, "I will be traveling to Saskatchewan with the company's management to expand my knowledge of the company and its business in order to facilitate the company becoming fully reporting." www.casavantmining.com

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 (the "Securities Act"), as amended, and Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act"), as amended. 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.

CMKM Diamonds Inc.
877-752-3755
Diamonds Hotline: Melvin O'Neil
306-752-3755 or 877-752-3755
Fax: 306-752-3754

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.

[This message has been edited by prdponce (edited July 27, 2004).]

Posted by Money_Penny on :

NEWS!!!

July 26, 2004 07:57 PM US Eastern Timezone

CMKM Diamonds Inc. Acquires Additional Interests in Saskatchewan

LAS VEGAS--(BUSINESS WIRE)--July 26, 2004--CMKM Diamonds Inc. (Pink Sheets: CMKX) announced today that it has agreed to acquire a 60%, undivided interest in 500,000 acres of potential Kimberlite mineral property in Saskatchewan, Canada. The property is currently owned by Nevada Minerals Inc., a private company unrelated to CMKM. The property is being developed by a joint venture between Nevada Minerals Inc. and U.S. Canadian Minerals Inc. CMKM will acquire the interest in the property in exchange for 75 billion shares of restricted Rule 144 stock of CMKM. In order to reduce the dilution to CMKM's shareholders as a result of this transaction, Urban Casavant, CMKM's CEO, has agreed to contribute 40 billion shares owned by himself in exchange for an agreement from CMKM stating that Casavant will be paid only if the acquired property actually yields a profit. According to the agreement, Casavant will be paid one-half of the net proceeds from any mining on the property, after paying all associated expenses, up to a maximum aggregate total of US$62 million. CMKM will issue 35 billion new shares of the company to Nevada Minerals Inc. to complete the transaction.

Casavant stated, "We are delighted to make the acquisition of this property, which is covered by our proprietary Goldak Airbourne surveys. We will be traveling to Saskatchewan in August with executives from U.S. Canadian Minerals Inc. to view the property owned by CMKM with the intent of planning a drilling schedule." The drilling will be performed with Rick Walker and United Carina Resources Corp. (CDNX: UCA), Consolidated Pine Channel Gold Corp. (CDNX: KPG) and Shane Resources Ltd. (CDNX: SEI).

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

Posted by TradingWizard on :

Okay we got all night, lets make some positive analysis.
I remember someone said why is the law firm not in the picture - I think last PR, well here they are.
The corporate image of CMKX is slowly forming IMHO.

Posted by Wallace#1 on :

Will,

You don't have to worry about that. They're all around...even coming in the windows!
Soon they will be climbing up the stairs. Just shut the door. LOL

Posted by will on :

Yea, issueed another 35B, just what this stocks needs, more shares lol.

Posted by WinsumLosesum on :

quote:
Originally posted by will:
Yea, issueed another 35B, just what this stocks needs, more shares lol.

Since they had to issue another 35B, does that mean there were no "unused" authorized shares ? (Or whatever the word for that is) In other words, does that mean that all the authorized shares were outstanding?

Is that significant? Good or bad?

Posted by WinsumLosesum on :

Wow! UC is betting 40 BILLION of his own shares on this one! That's either very encouraging for us or he needed a tax write-off.

Posted by Brad on :

quote:
Originally posted by RaiderJR:

If part are naked and part real you could tell your broker to sell specific cusip numbers to dump the nakeds but then you and they become liable, knowingly selling naked shares.
Ignorance is bliss.

Raider, just to clarify, you can't tell the broker to sell "specific" cusip numbers since they are all the same for CMKX.

[This message has been edited by Brad (edited July 26, 2004).]

Posted by Highwaychild on :

Oh, baby.See there a alot of ways this could be going.This is a good direction.D. Glenn man still on the case."In order to reduce dulution cmkx's shareholders".
Wally...?
Thought you were asleep.
Can't get enough of it can you.

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

Posted by Wallace#1 on :

And I was planning to take some profits tomorrow. Now the d*mn thing will probably go down again. Oh well, at least I knew enough to get my physical certificates. Wonder what speculation this latest release will bring on?

Posted by Money_Penny on :

Now we know what the meeting was about.

Posted by WinsumLosesum on :

Actually, I'm just killing time, while all the smart people finish typing up their posts.

Lah deeeee dee de deeee ...

Why don't we use this time for a word from our sponsor?

GOT CMKX?

(My apologies to those who posted right before I did. You're smart, too.)

[This message has been edited by WinsumLosesum (edited July 26, 2004).]

Posted by Brad on :

This should also eliminate the rumor that Roger Glenn is out of the picture. Many have speculated that he wasn't representing CMKM anymore since we haven't heard from him in a PR. This PR shatters that rumor.

Posted by Wallace#1 on :

highwaychild,

I was asleep, but the clamor of a maddening crowd woke me up! Had to find out what was happening so I could get out of the way of the bulls!!!!! LOL

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

Did I say "bulls"? Meant to say "bull".

[This message has been edited by Wallace#1 (edited July 26, 2004).]

Posted by TradingWizard on :

quote:
Originally posted by Brad:
This should also eliminate the rumor that Roger Glenn is out of the picture. Many have speculated that he wasn't representing CMKM anymore since we haven't heard from him in a PR. This PR shatters that rumor.

agree

I found this from others, kind of funny: http://www.rallymonkey.com/video/kenindex.swf

I have new rumor, now we know that Wallace#1 owns CMKX shares - welcome on board....

Posted by HarryHar on :

I am happy to see the name Roger D Glenn once again. For the bashers that said he was gone already...nice try...

Now for some analysis...

ASSUMING that our land is as valuable as their land...

60% of 500,000 acres = 300,000 acres for 75 billion shares.

5% of 1,400,000 acres = 70,000 acres for (7.5 million shares from dividend as of aug 20 at $5.20 per share, which is today's closing price) $39,000,000

300,000acres divided by 70,000acres = 4.286

$39,000,000 the price of 5% of our land multiply by 4.286 = $167,154,000

$167,154,000 divided by 75,000,000,000 shares = .0022287 value per share

This is pure speculation, and assuming our land is like their land.

Posted by Highwaychild on :

HA HA HA

Posted by bill1352 on :

uc is looking to get .00155 per share for the 40 billion shares...hmmmm

Posted by Wallace#1 on :

Will talk to all you nice, kind, thoughtful, down-to-earth and wonderful folks later. Must go to dinner.

Posted by HarryHar on :

They didn't say anything about authorizing another 35 billion shares, just issuing. So we KNOW that all the authorized are not issued. That's GREAT news!

Posted by roger7485 on :

Congratulations, you just convinced yourself that 35 billion shares issued was a positive.

Posted by Prdponce on :

so, we can assume that UC owned at least 51% plus another 40b = 291b of 500 b A/S.

How many more shares does he own? my guess is a lot more, i hope

Posted by bill1352 on :

As announced earlier, U.S. Canadian Minerals Inc. recently issued 7.5 million shares of the company's stock to CMKM in exchange for certain mineral rights. Those shares have been issued to CMKM and will be distributed to shareholders of record of CMKM on Aug. 20, 2004. Due to Casavant's share contribution to the property acquisition by CMKM occurring prior to the Aug. 20, 2004, date, Casavant will not receive this or any subsequent dividend.

Does this mean that all UC owned of cmkx was 40 billion shares? He gave up all shares in cmkx for this 60% of 500,000 acres? sure put a chink in the idea he was buying up huge blocks of shares. IMO it also hurts the idea of it being naked shorted because the o/s is probably 400 billion. still i find it hard to believe he only had 10% of all shares.

Posted by slpj1960 on :

With all of these companies dealing with each others interests as stated in all of the latest PR's. What do you all think of the possibility of a "mega" merger happening? It sure does seem like a good possibility to me!

Posted by Prdponce on :

There were three (UCAD, CMKX and Nevada Mineral), now there are only two.

CMKX 60% + UCAD 40%

Look more like a merger with every PR's

Coincedence? same headlines

CMKM Diamonds Inc. Acquires Additional Interests in Saskatchewan
Monday July 26, 7:57 pm ET

LAS VEGAS--(BUSINESS WIRE)--July 26, 2004--CMKM Diamonds Inc. (Pink Sheets: CMKX - News) announced today that it has agreed to acquire a 60%, undivided interest in 500,000 acres of potential Kimberlite mineral property in Saskatchewan, Canada. The property is currently owned by Nevada Minerals Inc., a private company unrelated to CMKM. The property is being developed by a joint venture between Nevada Minerals Inc. and U.S. Canadian Minerals Inc. CMKM will acquire the interest in the property in exchange for 75 billion shares of restricted Rule 144 stock of CMKM. In order to reduce the dilution to CMKM's shareholders as a result of this transaction, Urban Casavant, CMKM's CEO, has agreed to contribute 40 billion shares owned by himself in exchange for an agreement from CMKM stating that Casavant will be paid only if the acquired property actually yields a profit. According to the agreement, Casavant will be paid one-half of the net proceeds from any mining on the property, after paying all associated expenses, up to a maximum aggregate total of US$62 million. CMKM will issue 35 billion new shares of the company to Nevada Minerals Inc. to complete the transaction.

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

Posted by WinsumLosesum on :

quote:
Originally posted by HarryHar:
They didn't say anything about authorizing another 35 billion shares, just issuing. So we KNOW that all the authorized are not issued. That's GREAT news!

"CMKM will issue 35 billion new shares of the company"

What does "new" mean?

Posted by Highwaychild on :

From D. Glenn mans home page.(I guess...there was a picture of him.)

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

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

Notable Experience

Roger was involved in the $600 million acquisition by a major telecom company of corporations and limited liability companies holding FCC licenses.
Roger represented another major telecom company in a cash tender offer and the $450 million outstanding high-yield debt of an acquisition target pursuant to a change-of-control indenture provision.
He was instrumental in the acquisition of an Austrian wireless telecom company with $1 billion of assets.
Roger handled the successful takeover of an insurance company by hostile tender offer.
Roger represented a telecom company in the issuance of $200 million in Senior Notes in a PIPE transaction.

Recent Speaking Engagements and Publications

The Going Public Sourcebook,co-author, a guide to the initial public offering process and ongoing reporting and other compliance obligations of a public company published by RR Donnelley Financial.
Corporate Responsibilities of Public Companies in 2003, author, 2003.

Before Edwards & Angell

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

Posted by bill1352 on :

nevada sold 40% of 100% to ucad...cmkx got 60% of nevada's 60%...my brain is way too tired to try & figure what % of the total that is...but both ucad's & cmkx's pr's brought up the fly-by testing...ucad said they wanted to look at the results a bit more then bought from nevada and the cmkx...must have been something seen in that fly-by...also back in 03 UC said he wanted to bring a bunch of JR mining companies together, with the other 2 in the first 1.4 million acres this now has 5 companies...maybe UC is looking to add the one thing missing from this soap opera....REAL hands on value

Posted by Money_Penny on :

Prdonce,

I like your math. It adds up.

Posted by Wallace#1 on :

Winsum,

Whatever they are calling the shares being issued for the Nevada interests, they still have to be coming from the authorized and unissued shares. Upon issuance they become issued and outstanding. If the authorized at the time of issuance is 500 bil, then it is a reduction from that 500 bil. However, since there is no information publicly available and because UC + family probably control, they certainly could have authorized more shares...even another 500 bil.

Posted by Highwaychild on :

Rule 144
******** http://www.sec.gov/investor/pubs/rule144.htm

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

Posted by Money_Penny on :

quote:
Originally posted by Wallace#1:
Winsum,
Whatever they are calling the shares being issued for the Nevada interests, they still have to be coming from the authorized and unissued shares. Upon issuance they become issued and outstanding. If the authorized at the time of issuance is 500 bil, then it is a reduction from that 500 bil. However, since there is no information publicly available and because UC + family probably control, they certainly could have authorized more shares...even another 500 bil.

I could have sworn I read somewhere that 500 billion was the max. allowable A/S the state of Nevada would allow. How could they possibly have authorized more shares? Another 500 billion? Are you serious? Please back up this bogus claim with FACTS.

Posted by WinsumLosesum on :

Thanks, Wallace. That was a well-worded explanation. I actually understood it. I'm sure it helped a few others here, too. Authorized ==> Issued ==> Outstanding

I think my confusion stems from not understanding what "authorized shares" are. I picture them as shares locked up in a vault somewhere. The company chooses to release (issue) a certain amount of shares from the vault, which are then the "outstanding shares." Now, if additional shares are released (issued) from the vault, I wouldn't call them "new", since they already existed in the vault.

However, if "authorized shares" is more like a license to print a certain amount of shares, then more shares printed (issued) from that amount could very well be referred to as "new".

"CMKM will issue 35 billion new shares of the company"

Man, I hope that made sense...

Posted by Wallace#1 on :

Here's the part of that Nevada Minerals deal I really like:

"In order to reduce the dilution to CMKM's shareholders as a result of this transaction, Urban Casavant, CMKM's CEO, has agreed to contribute 40 billion shares owned by himself...profit."

Please note the "contribute".

"According to the agreement, Casavant will be paid one half of the net proceeds from any mining on the property...up to a maximum aggregate total of US $62 million.

Now that's some contribution on behalf of not diluting shareholders' interests! LMAO
Let's see, 40 billion shares at today's close of .0004 =s $16,000. And all for a tiny potential of $62 million for UC. WOW!!!!! Some contribution...and so as not to dilute shareholders' interests!

Posted by Wallace#1 on :

Winsum,

Were you kidding or did I just confuse you all the more? If I confused, I will try to explain again, and hopefully, more clearly.

Posted by Money_Penny on :

According to my calulator, it is $16 million, but that's just my calculator....

Posted by Brad on :

quote:
Originally posted by Wallace#1:

Now that's some contribution on behalf of not diluting shareholders' interests! LMAO
Let's see, 40 billion shares at today's close of .0004 =s $16,000. And all for a tiny potential of $62 million for UC. WOW!!!!! Some contribution...and so as not to dilute shareholders' interests!

You should check your calculator Wallace. Mine says that's a $16 million dollar contribution by UC not $16 thousand. And that's at today's closing .0004 which most longs here believe is a way under-priced bargain. Sounds like an unselfish move by UC by my book.

[This message has been edited by Brad (edited July 26, 2004).]

Posted by Wallace#1 on :

I stand corrected.

Posted by Upside on :

originally posted by Money_Penny:

quote:
I could have sworn I read somewhere that 500 billion was the max. allowable A/S the state of Nevada would allow. How could they possibly have authorized more shares?

Money,
I thought I read that somewhere too. I'll try to dig it up and post it if I find it.

Posted by WinsumLosesum on :

quote:
Originally posted by Wallace#1:
Winsum,
Were you kidding or did I just confuse you all the more? If I confused, I will try to explain again, and hopefully, more clearly.

No, no, no, Wallace. I wasn't kidding. I like how you explained it. The way you said it was just the right way for my brain to conceive it.

My confusion didn't arise because of your explanation, but rather remains in spite of your explanation.

Which of my two descriptions of "authorized shares" is more accurate? I'm just stuck on explaining why they used the adjective, "new", to describe the shares.

Posted by Brad on :

Interesting comments from another board.

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

By: houstontex1110
26 Jul 2004, 09:29 PM EDT
Msg. 52250 of 52335
Jump to msg. #
MATHEMATICAL ANALYSIS I LOVE IT

1. CMKM is acquiring 60% of the undivided min. rts to 500,000 acres. Undivided means our rights extends across every square inch of the property. We therefore net 100% of 300,000 acres.

2. OK, but is it a good buy or did we get hosed? CMKM shareholders are paying out 35billion shares and receiving 50% of the income. Income is what it is all about...bottom line stuff. UC for his 40billion shares receives a maximum amount, so I understand, and then is cut out of the profit distribution. That implies we the shareholders steps into his position and receives his prior profit flow as well.

3. So for 35 billion shares eventually you will receive 100% of the income, therefore we just bought 300,000 acres for 35billion shares times the close of .0005 equals $17,500,000. Debeers values a measly 58,000 acres at 40 to 50 billion dollars. We just purchased nearly 6 times as much for a song and dance-$17,500,000.

4. I apologize if the numbers are off. Ordinarily I would take hours to run these numbers, but posters are screaming for an analysis. Oh, you should add on the I believe $67,000,000 Equals $84,500,000. The $67,000,000 Is Uc's total profit. Folks, we just pulled off a grand deal. We do not actually dillute our stock by a total of $84.5million, we just lose $67million out of perhaps 10 billion. Can you live with that?

5. UC has demonstrated that he is above all...A DEAL MAKER, as Donald Trump wrote, The Art Of The Deal.

6. Not only is it a bargain price, it diversifies our land holdings. You never know where that mega giant mineral discovery will come through. You must have a sizable piece of the action across a broad expanse. UC is attempting to ensure we will find the next company maker.

7. Finally we are paying a little over $60 per acre for 100% of the mineral rights covering a net 300,000 acres.

8. Therefore, do not raise the objection of dillution. Dillution is only relevant when you get burned. We just bought a 100 acre ranch for $6000, figuratively speaking.

Posted by kguts11 on :

Sorry, too slow.

Kev

[This message has been edited by kguts11 (edited July 26, 2004).]

Posted by Wallace#1 on :

Up,

I am not an expert on Nevada Corporate law so I could have been incorrect as to an additional 500 bil. Don't bother yourself if you do not feel like it. Excluding something like that (state of inc. law) UC + other controlling shareholders can do almost anything they wish to do with the company and it's shares.

Posted by VNGNTN1 on :

The 40bn shares UC is using are part of the ones he restricted last year. The 35bn are in the treasury.
SO
We are beginning to get a piecmeal inventory.
Can anyone remember how many shares UC restricted?
1-UC restricted shares=40bn+??
2-35bn in treasury
3-??bn retired(35bn may be part of this number)
VAN

Posted by rivercity on :

wallace, you left some items out,UC gets paid only if property is profitable and after expenses. so not only do they have to mine this property, it has to be profitable after expenses....all the facts please... rivercity

Posted by WWJD-thru-me on :

This PR sounds good to me. I think the pieces of the puzzle are coming together. I am positive on the company and UC and think we will be seeing a mining company to reckon with applying for listing with full disclosure in the near future (30-90 days?)put together and filed by Roger Glenn. I predict the price will be better than .0005. At least that's how I am reading it. Still buying if it's still on sale. GLTA-DD-IMO-Debi -Good Night

Wallace -Hi -You have mail. -Debi

Posted by Wallace#1 on :

Winsum,

Try to look at as a brand new company starting out with no shares and in it's most simple form.

Board of Directors "authorizes" 10,000,000 shares to be issued for various purposes or at the discretion of management. At this point none are issued.

Subsequently, 6,000,000 shs are "issued" (may also be called "new shares") to controlling people who put up the monies to start the business. Now you would have 10,000,000 authorized shs of which 6,000,000 shares are both "issued and outstanding".

Next, suppose they have a public offering of 4,000,000 shs. Now you would have 10,000,000 shs "authorized, issued and outstanding". Generally speaking (and there are qualifications), the 4,000,000 shares sold publically would be refered to as "float" or "public float".

Now, suppose they want to acquire a company for 1,000,000 shs. In order to do so the Board of Directors would have to authorize an additional 1,000,000 shares. Once issued in exchange for the acquisition, that 1 mil shs also becomes part of the authorized, issued and outstanding. Depending upon the circumstances (to whom it is going), it may or may not become part of the public float.

Hope I have not confused you more.

Posted by Wallace#1 on :

Let's not get too smart rivercity. When you quote something, three dots (...) incorporate whatever is there into the quote. It just saves repeating the whole thing. If you go back and look at the release you will see just where I put the three dots and, therefore, left out no facts.
Besides, I figured all of you read the release.

Posted by rivercity on :

wallace, no intention of getting to smart,your staement was out of context,my misunderstanding, you intended to skip some of the info,thanks rivercity

Posted by Wallace#1 on :

No problem rivercity.

Posted by Brad on :

quote:
Originally posted by Wallace#1:
Let's not get too smart rivercity. When you quote something, three dots (...) incorporate whatever is there into the quote. It just saves repeating the whole thing. If you go back and look at the release you will see just where I put the three dots and, therefore, left out no facts.
Besides, I figured all of you read the release.

Wallace, rivercity was making a good point. You were certainly dishing out a dose of sarcasm by saying that UC was only contributing $16K worth of stock in exchange for $62 million potential. Ending your comment with "LMAO". Which we've already determined was incorrect math on your part.

Rivercity was then simply pointing out that he can't even get the return on his investment unless the property turns out to be profitable and only after all expenses are paid.

Rivercity,
Good point and thanks for making note of it.

Posted by rivercity on :

brad you're welcome,wallace,i was not trying to get smart,more so trying to be polite,but brad is correct you were being sarcastic,which is ok with me. thanks again brad,UC gets nothing until after expenses and then only up to 62mil. after that it goes to share holders. not to bad if the minerals are there in large quantities,jmo.....rivercity

Posted by Money_Penny on :

Wallace,

In case you haven't noticed, your credibility is quickly fading (just in case there is any left). You have made two incorrect statements with mal intent tonight (and you were caught on both of them), and your favorite "scare tactic" from the last two days - the bogus discussion about naked shorted shares and the alleged illigitamacy (spelling ?) of our shares - was shattered with one post by Gatorman stating the FACTS about what the TA's know about us and our accounts. So before the hole you have started to dig for yourself gets any bigger, why don't you just call it quits? Think about it, this here will be a fairly painless exit for you, but should you continue spreading such unmistakable innuendo across OUR board, with the sole intent to harm this company and its shareholders, the "BOARD POLICE" will be all over you, and we outnumber you, and we are younger, stronger and much much smarter and we have night sticks and guns, LOL, and we can make your stay here a living hell...so don't let it come this far...bail out while you still can!!!

[This message has been edited by Money_Penny (edited July 27, 2004).]

Posted by WinsumLosesum on :

Wallace

So you're saying, out of my two descriptions of "authorized shares", the more accurate one is the one that describes it as a license to print X amount of shares?

At this point, I am tempted to take this off-line, but I believe I'm not the only one who can learn from this discussion.

Thanks.

(By the way, may I take a moment to say that even though I don't understand what is going on, I am getting incredibly positive vibes from what I'm hearing? I own stock in a company that I don't even know still exists (USCI). I own numerous companies of which I hear of nothing but delay after delay. But CMKX is wheeling and dealing, and something's going on here that is beyond me, and I'm thinking a few years from now, I'm going to have a story that people won't be able to stop me from telling over and over.

[This message has been edited by WinsumLosesum (edited July 27, 2004).]

Posted by JBCak47 on :

Wallace will soon be left speachless

If this new area of land does contain diamonds, and, wow, sure enough it is next to our 1.4 million claim that we have the aerial survery to... hmmmmmmmmm.....

UC is helping to cushion the blow of the shares with using his own. I like that. Hey I invested into a company that is willing to take some risks, but spread out on all levels. I like that

Now is a reason to load up... now don't we all see what is happening???

To get any part of this dividend you will have to hold shares... now this couls take what, upto a year to pan out!!!!!!!!! WOW, HOW MANY OF US NOW WILL HOLD FOR OVER A YEAR?!?!? I WILL

I have 3 million shares... Now at the very most I will only sell 1 million short-term. I plan on getting at least 750k-1 million more by Aug 14th...

SO..... the MM's have to cover, and now if this deal pans out, and I think it will be profitable since we have the magnetic surveys, the MM's will have to cover and buy back any naked shorts... What happens when people wont sell them shares? The price goes up... Well they now can not just cover and pay dividends to every naked shorted share... they gotta get them back, now it will be too expensive, espically if the new exploration turns out to be profitable...

Does anyone else see what is happening ?!?!??!

CMKX is forcing the MM's to cover by issuing US dividends, one in CIM, one in UCAD now a POSSIBLE cash dividend for the new property.

At the same time he is attracting new investors with the Race Car...

He is also forcing investors to hold long in order to get any possible pay out, the first being Ucad.... then the next being CIM and then the new property...

This will all play an important role in our PPS.... If it hits .05, .1 .2 will we sell since if this land is truely worth what debeers is worth, we would be at over .40-.50 or so... You see?!?!

-John-

Posted by tahoechris on :

Your still assuming there is a naked short position, which seems to be not as large, after this pr, IMO. Other than that you make good points.

Posted by JBCak47 on :

Even with no naked shorts CMKX will be worth as bundle if they can produce diamonds/minerals...

-John-

Posted by Money_Penny on :

quote:
Originally posted by tahoechris:
Your still assuming there is a naked short position, which seems to be not as large, after this pr, IMO. Other than that you make good points.

What makes you think that naked shorting is less of an issue now???

Posted by WorkAHolic on :

You can bet there are naked shorts. With this volume and little movement, it's there. Not only is it there, I'll bet....hmmm (I've already bet), the MMs are getting a bit nervous. There's too much coming out for this thing to stay down. Hold, hold, hold....IMO

Posted by WorkAHolic on :

I would like to see the CMKM DIAMONDS, INK web site updated and the new message board up and running. That would sharpen discussions, I believe.

Posted by tahoechris on :

I'm not saying there isnt naked shorting, because I really don't know, but I think its not as big as it was made out to be. I do think we have a big OS, and i think the # of shares out there keeps it from moving at the time being. I think big mergers are in the works though..

Posted by JBCak47 on :

Here is the question...

In one years time we shall be reaping the benefits of any diamond finds..

However, will we sell out at .05, .1, .25, .5 or even one dollar???

Seriously...

We have to hold long for any of the dividends, espically the newest one in the works...

How on earth would I be able to NOT sell 1 million of my shares at .3 or even .2??

I really hope this ends up being my 'worst' effin problem of the next year! If I should sell at .2 or wait for .3 Ouch...

Lol...

-John-

Posted by noahltl on :

Shares are rule 144 shares. Here's rule 144, note the need for a TA company. Seems like we own one.....

Securities Act Rule 144
Selling restricted or control securities in the marketplace can be a complicated process. This is because the sales are so close to the interests of the issuing company that the law might require them to be registered. Under Section 5 of the Securities Act of 1933, all offers and sales of securities must be registered with the SEC or qualify for some exemption from the registration requirements. If you have acquired restricted securities or hold control securities and want to publicly sell them, you may need to make special efforts to show that your public sales are exempt from registration.

Rule 144 provides an exemption and permits the public resale of restricted or control securities if a number of conditions are met, including how long the securities are held, the way in which they are sold, and the amount that can be sold at any one time. But even if you’ve met the conditions of the rule, you can’t sell your restricted securities to the public until you’ve gotten a transfer agent to remove the legend.

For more information about selling your restricted or control securities, read our overview, Rule 144: Selling Restricted and Control Securities.
http://www.sec.gov/answers/rule144.htm

Posted by Prdponce on :

For those concerned with the lack of drilling equipment, we just came up with some.

Posted by Grasshopper on :

Just a quick question as I don't have any time right now (or maybe just too lazy!) to look it up...Are these rule-144 restricted shares eligible for the dividend pay outs?

I guess I have another question. I'm assuming that with CMKM able to dish out 75 billion shares, they will still have the majority interest by holding at least another 75+ billion shares. Do the remaining shares that UC/CMKM holds have to be oustanding shares to retain their controlling interest or would authorized shares also count towards the 51% they need to hold (i.e., would we have to now assume that there are a minimum of 150 billion shares issued and outstanding or perhaps just the 75 bil Nevada Minerals is getting)?

Thanks all! Looking forward to an interesting day and some informative posts. GLTA

Posted by Grasshopper on :

Ok, I guess I did have a little time to answer my own questions! Here's more info on terminology for us wannabes!
http://www.investopedia.com/articles/basics/03/030703.asp

Financial lingo is very important for anybody interested or invested in products like stocks, bonds, or mutual funds. Many of the financial ratios used in fundamental analysis include things like outstanding shares and the float. Let's go through these terms so that next time you come across them, you can know their significance.

Restricted and Float
When you look a little closer at the quotes for a company, you may see some obscure terms that you've never encountered before. For instance, restricted shares refer to a company's issued stock that cannot be bought or sold without special permission by the SEC. Often, this type of stock is given to insiders as part of their salaries or as additional benefits. Another term that you may encounter is “float.” This refers to a company's shares that are freely bought and sold without restrictions in the public. Denoting the greatest proportion of stocks trading on the exchanges, the float consists of regular shares that many of us will hear or read about in the news.

Authorized Shares
Authorized shares refer to the largest number of shares that a single corporation can issue. The number of authorized shares per company is assessed at the company's creation and can only be increased and decreased through a vote by the shareholders. If at the time of incorporation the documents state that 100 shares are authorized, then only 100 shares can be issued.

Now just because a company can issue a certain number of shares doesn't mean that it is going to issue all of these shares to the public. Typically, companies will, for many reasons, keep a portion of the shares in their own treasury. For example, CTC may decide to maintain a controlling interest within the treasury just to ward off any hostile takeover bids. On the other hand, the company may have shares handy just in case it wants to sell them for excess cash (rather than borrowing). This tendency of a company to reserve some of its authorized shares leads us to the next important and related term: outstanding shares.

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

Let's look back at our company CTC. From the previous example, we know that this company has 1000 authorized shares. If they offered 300 shares in an IPO, gave 150 to the executives and retained 550 in the treasury, then the number of shares outstanding would be 450 shares (300 float shares + 150 restricted shares). If after a couple years CTC was doing extremely well and wanted to buy back 100 shares from the market, the number of outstanding shares would fall to 350, the number of treasury shares would increase to 650, and the float would fall to 200 shares since the buyback was done through the market (300 – 100).

Hold on a minute though--this is not the only way that the number of outstanding shares can fluctuate. In addition to the stocks it issues to investors and executives, many companies offer stock options and warrants. These stock options and warrants are instruments that give the holder a right to purchase more stock from the company's treasury. Every time one of these instruments is activated, the float and shares outstanding increase while the number of treasury stocks decrease. For example, suppose CTC issues 100 warrants. If all these warrants are activated, then Cory's Tequila Corporation will have to sell 100 shares from its treasury to the holders of the warrants. Thus, by following the most recent example, where the number of outstanding shares is 350 and treasury shares is 650, the exercise of all the warrants would change the numbers to 450 and 550 respectively, and the float would increase to 300. This effect is known as dilution.

Why is it important?
Because the difference between the number of authorized and outstanding shares can be so large, it's important that you realize what they are and which figures the company is using. Different ratios may use the basic number of outstanding shares while others may use the diluted version. This can affect the numbers significantly and possibly change your attitude towards a particular investment; furthermore, by identifying the number of restricted shares versus the number of shares in the float, investors can gauge the level of ownership and autonomy that insiders have within the company. All these scenarios are important for investors to understand before they make a decision to buy or sell.

Posted by StonedPigeon on :

So what your saying is that UC is acting as
the banker in this venture. He buys the
rights and we split the profit or loss.

No money down for us!

Gota love it!

Posted by TruthTeller on :

Thats what Wallace is only good at. He makes incorrect comments and when he get caught, he tries to skip it. Last time when he get caught he left for some time, came back as if he is changed man. After all Wallace is Wallace.

quote:
Originally posted by Brad:
Wallace, rivercity was making a good point. You were certainly dishing out a dose of sarcasm by saying that UC was only contributing $16K worth of stock in exchange for $62 million potential. Ending your comment with "LMAO". Which we've already determined was incorrect math on your part.
Rivercity was then simply pointing out that he can't even get the return on his investment unless the property turns out to be profitable and only after all expenses are paid.
Rivercity,
Good point and thanks for making note of it.

Posted by Leardron on :

Okay, I am not sure if someone already said this but I am trying to follow the ball here and this is what I see.

1. If UC gave up 40 Billion of his own shares without giving up contolling interest in CMKX then he must have at least 76 Million more shares left after this deal. If 400 Billion was the estimate before this deal and now that will increase to 435 Billion with Nevada holding 75 Billion of those shares which is about 17% of the O/S total. UC would have to control a little more than the 75 Million shares in order to maintain controlling interest (Unless he is giving up controlling interest with this deal).
2. Everybody was wondering what the heck those 40 Billion share of CIM is that we were going to get. Well what if UC is going to start another mining company with this new purchased land and call it Cassavant Internation Mining Inc. Or he could be leaving CMKX all together (thus why he is giving up controlling interest) and starting this new company with new land. In any event, if that is the case, it looks like he is taking the CMKX shareholders with him.

This is just wild speculation and I am sure alot of holes will be shot in my theory but it does seem strange that he gave up 40 Billion of his own shares and that just so happens to be the exact amount of shares that will be given out of this CIM stock.

Posted by VNGNTN1 on :

help me get this up -to date
= = = = = = = = =
We are beginning to get a piecmeal inventory.
Can anyone remember how many shares UC restricted?
1-UC restricted shares=40bn+??
2-35bn in treasury
3-??bn retired(35bn may be part of this number)
4-ALLSTOCK BOARDMEMBERS(Shadow list)1bn
5-??tn-Shares retired from float
VAN[/B][/QUOTE]
= = = = = = = = =
VAN

Posted by Brad on :

Latest from Zen 7/27

>>>>>The Master Plan....BY ZEN<<<<<<<<
« Thread started on: Today at 09:06:41 »

--------------------------------------------------------------------------------
THE MASTER PLAN

There’s a lot to sort out here. And just when you think you’ve got a handle on things, one more variable pops into your head that sends it all spinning. Believe me, I won’t claim to understand everything that is happening. I’m going to take my best stab at this but please understand that we are trying to guess Roger and Urban’s master plan and that is obviously under wraps.

First things first. Where I was BEFORE this release. My belief was that Roger and Urban were going to divvy up CMKX’s rights and claims and transfer them all to other vehicles. Cleaner vehicles free of shorting. Basically I believed the plan was to effectively “gut” CMKX and transfer ownership of everything into many, many, many different vehicles. First I believed that Urban would distribute every claim piece by piece – gold, zinc, uranium, copper, oil/gas, potash, etc. Whether it was CIM or UCAD or another entity (possibly a partnership with DeBeers?), I believed that in the end one other company would “buy out” their only remaining rights – diamonds. Effectively this would have distributed all rights to us the shareholders across a broad base of dividends and effectively stairstepped the value of the company, and screwed the short position blow by blow until their complete capitulation with the diamond rights. And then the vehicle which bought the diamond rights would be the one to go public so that Urban continues to be king of diamonds. Anyway enough of that. Things change.

What have we learned from this PR?

Urban is indeed giving. He is giving up 40 billion shares and is refusing to take a dividend on them while refusing payment for them except when the mining is profitable. I think we will continue to see his “giving” nature.

Roger is not only on board but actively partaking in the company’s plan. I must stress that a partner of this level becoming intimately involved enough to take trips of this nature means Roger is not simply filing paperwork. No, he is ACTIVELY engaged in this process. This is bigger than many can imagine.

There was something of significant value on that aerial survey in those 500,000 acres. Otherwise, Urban wouldn’t be wasting his or our time on them. Remember that this is THE MOST ADVANCED, DETAILED SURVEY DONE ON THIS PROPERTY.

This release tells me NOTHING about the trading float. It tells me there are restricted shares. It tells me Urban owned at least 40 billion shares. It tells me there will be 35 billion shares paid over to Nevada Minerals (who is owned by cmkx and UCAD now (who by the way is owned 49% by CMKX) but more on this later). Still I’m left not knowing the trading float. And I think that’s for a reason (more on that too in a bit).

This release tells me that Urban and Roger are very acquisitive.

This release tells me there are so many pieces in place and remaining to be put in place that we need to sit back and watch it all unfold.

THE EMPIRE

For starters, I believe we are on the edge of an empire in mining. There are some that dismiss our mining claims as puffery or horse manure. I believe nothing could be further from the truth. I believe the aerial survey is not simply a “rough idea” of this area’s deposits. I believe it displayed loud and clear the most impressive array of mining rights and claims probably ever seen before. I think well find out more detail about these “anomalies” in due time, possibly with some drilling results contained in a secured warehouse : ) . But I believe Roger didn’t step into the ring for real until that survey was completed and it confirmed everything that was suspected about this property – namely that it may be one of, if not THE, wealthiest properties ever witnessed.

So how do you just one day build an empire. Do you wave a flag and say “Here we are!! Come and get us” Not really. It’s just not that simple. Particularly when DeBeers is probably flanking you with a potential assault and the hedge funds are slapping your stock price around like a ragdoll. Enter Roger Glenn. Now a master plan for the empire must be assembled. The shorts must be eliminated. An appropriate vehicle or vehicles must be established to handle an empire’s worth of operations. And quite frankly, a pink sheeted CMKX shorted into the ground ain’t gonna cut it!!

IMO what is now becoming more obvious with each release is that a collection of juniors are conglomerating to form a unified empire of rights and claims. UCAD is giving us half ownership of their company. Now we’re giving UCAD a piece of CMKX. We’re all acquiring Nevada Minerals. UCAD owns a majority interest in Juina. I’m guessing United Carina is not far off. I’m guessing Consolidated Pine Channel is not far off. Shane Resources too. Not so sure about Shore Gold but possible. When it’s all said and done, UCAD is looking like a very tasty vehicle to hold an awfully large percentage of our claims … if not perhaps all of them. And what better name for a North American major to be formed than UCAD … U.S. Canadian Minerals, Inc. So, my thoughts today are that this release is yet another step in the direction of bringing all intended claims under the fold of a separate entity. Nevada Minerals held a biggie. 500k acres. Yeah, that’s a monster, and I’m guessing based on the aerial survey, it’s a bigger monster than any of us expect. I think this release was CRITICAL in acquiring a piece of property of this potential value at this stage. It is all part of the plan to bring these companies and properties together as one.

What else is in store? My thoughts lead me to the PR on December 29, 2003 talking about 2 public companies looking to buyout certain rights and claims from CMKX. Supposedly those buyouts were to be done by the end of January but mysteriously they were put on hold. I believe it was around this time that the REAL plan was actually begun and the talks for any buyouts were scrapped until far greater pieces were in place. And now they are. What are these other claims to be bought out? My best guesses lead me to a buyout of our potash, uranium and oil/gas rights. Someone mentioned POT (NYSE) the other day. Maybe. Our area is also widely known as highly rich in uranium. Others have hinted at map claims that seem to indicate we hold uranium rights. I don’t doubt that uranium would be a wonderful right to sell off for a huge cash infusion given that it is probably so highly regulated I doubt anyone in this new company would care to deal with THAT particular element. And as for oil/gas, I’m guessing that would be another great right to sell off as it doesn’t seem to fit what is developing to be a “precious metals” profile. I’m sure there would be suitors aplenty for all of these rights.

Ok, so back to the PR. Yeah, what about that PR? I offer all of the above as reason enough to say that if you overanalyze this PR you will make yourself ill. There is clearly something MASSIVE going on here. You don’t do the corporate shuffle at this level unless you are bracing for something significant. Roger Glenn does not sit around late at night devising clever corporate ways to burn through Urban’s money just so that he can get his legal fees. No, this is part of a master plan. And if anyone here (including myself) is arrogant enough to think they can get it correct, they are idiots. All we can do is guess and try to keep our eye on the forest and not the trees. Still, a few trees are forming.

INSIGHT #1: IMO we don’t know the OS yet because it wouldn’t do us any good. Anyone noticed how shares are flying back and forth fast and furious between companies? IMO until Urban has stopped giving, THE OS WILL NOT BE KNOWN. It does no good to release it today if it is going to restructure itself every other day. Just yesterday if they put out an OS release it would have read “The OS is X, with Urban owning Y.” Already that has changed. Pay attention to all the swapping going on. It’s incestuous! And until it all settles out and the landscape is clearer, I think we’re going to be waiting for that final OS. My guess is that by the CIM dividend, a LOT more things will have happened. It’s possible we may own many more companies by then. We may have cash dividends. We may receive more shares. We may give more shares. Who knows. Sit back and enjoy. It’s not very often you get to have front row seats to an empire being built IMO.

INSIGHT #2: We own 60% of Nevada Minerals now. UCAD owns 40%. We own 49%ish of UCAD after the dividend. Nevada Minerals owned 5 million shares of UCAD (29% of UCAD). UCAD owns 40 billion shares of us. Are you lost? I sure am. I’d need a degree in Calculus I think to figure out whether we even PAID for this 500k acre property. What I do know is that this property is dirt cheap when you factor in the fact that our right hand is feeding our left hand. What all of this is saying though is that we are becoming a more and more integrated unit with each release. And this is key.

INSIGHT #3: Urban is sending a very loud message to all shareholders. The same man that was retiring billions and billions of shares last year to help us is again helping us. He is paying for this with his shares, giving up his dividends, and refusing to take payment until the property turns a profit. All this horse pucky about Urban dumping on shareholders and diluting shareholders in the market is pure nonsense IMO. First off, he ain’t gonna be doing that in front of Roger or Roger would never have agreed to take him on as a client. And second, he is going out of his way to demonstrate time and again that he WANTS TO HELP US. I’m really believing that all the fanfare from the races about his giving nature is just simply true.

Ok, this is exhausting. The end game IMO is a simultaneous division and amalgamation of companies and claims. I believe the end game is to have at least one major holding company under which most claims will be held. I believe right now that vehicle is most likely UCAD. It is tightly held. Probably a near zero float. And if it continues to rise and stay above the $5 mark, I may start suspecting a nasdaq or nyse listing in the future (6-12 months from now? But maybe with a filing for listing earlier?). I believe though that Roger still has much more information to reveal to us before we see UCAD in its final form. CIM puzzles me a little. I’m not sure if they are simply planning on bringing it public as a zinc company or what. I don’t really have an answer as to that one. I do think we’ll sell some claims. That money may go into the company’s coffers to finance drilling and further acquisitions or it may turn into a cash dividend. I don’t know. Will De Beers join in on this dance? I don’t know. I do find it odd that they filed their corporate articles on May 28 and about 5 weeks later the listing was noted as DQ or in default. Peculiarly, another company using DeBeers’ very same transfer agent popped up within 48 hours of the DQ designation on July 6 under the name Crystalline Minerals (crystalline minerals being diamonds). Is this the entity with which DeBeers plans on doing something with CMKX? Who knows. Just guesswork.

In fact, it’s all guesswork. And that’s probably my final observation. I think there is just no way to know where or how the next move will be made. But I take great comfort in believing that law firms like EdwardsAngell don’t go to these lengths to a) hide a scam, b) cover up wrongdoings, c) get CMKX to the otcbb or d) to do anything for mere POTENTIAL claims. No I believe we are on the cusp of an empire. The pieces are being laid down methodically IMO. One by one, I believe questions will be answered. I also believe a LOT of this will NOT be understood. And that’s fine. Corporate law can be a huge, honking mess particularly when you are attempting to structure what may become a MASSIVE entity. Not everyone is a corporate attorney. And not everyone will understand every move. But again, see the forest instead of the trees. They are clearly pulling together a lot of resources from a lot of companies with a clear plan in mind.

My confidence level is back up over 90% (deductions still for Urban appearing at races – LOL). Jeez, anyone claiming scam at this point is barking in the wind. You just don’t assemble pieces like this unless something real is happening. Scams are hidden and secretive and usually accompanied by a ton of really fluffy press releases. We are seeing NONE of that any more. Straight forward. Dense. Meaty press releases. So dense in fact, that it’s nearly impossible to figure out the weight of each sentence.

Sorry this is so long. The above is all big, huge, flapping, gaping speculation. But I hope it gives some food for thought. They are my best effort at giving an overview of where I see things right now. Each successive PR has caught me offguard so it’s all subject to change once again. I am honestly more excited than I have ever been before. I think we’ll see many more pieces very soon. And I believe I will be in on the ground floor of an empire being built. This next sentence may hurt but it shouldn’t. I believe this may take a year. Don’t get scared. I just think that I’ll have the opportunity to exit in the near future (within a few months) at a massive profit. In fact, enough profit to possibly take care of me for the rest of my life. But I believe if I hang around a bit longer to see this empire reach its full potential, I believe I’ll be able to take care of my kids and their grandkids for the rest of their lives in addition to just myself. It may take a year, but that would be fine by me. That’s just my opinion.

As for the naked shorts, they simply can never survive this assault IMO. Ever. Whenever it is that they fold, good riddance. I think they are simply a bonus that has allowed us to enter at these absurd prices. Man did they ever get snookered. And pay for it royally they will IMO. But I’ve actually stopped caring about them much now. After today’s PR and when I really stopped to think about it, there’s much more going on here that is far more exciting than whenever it is that JEFF is going to get sledgehammered. Believe me I’ll be thrilled to see him go and it will be a great victory against an evil force in the market. But equally as important is watching a true empire take shape. Whether you’re in for 2 months, 6 months, or a year, I think this is going to be the most breathtaking, exhilarating experience you could ever hope to be a part of in the financial markets. I am stocking up on popcorn. Bigtime.

As always, these are my personal opinions.

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

http://www.investorshub.com/boards/read_msg.asp?message_id=3658513

Posted by Bialystock on :

I'm not sure how accurately my L2 reflect what's really going on but it seems like already this morning over a billion shares have been traded? And most are people buying at .0004 and JEFF is the only one that has shown that price...has that billion come from Jeff alone? Is it unusual for a MM to stand alone for 1 billion in volume in the first few minutes of trading on any one stock? Why don't the others jump in?

Posted by TruthTeller on :

There is no answer for this question, happens all the time with JEFF. It's been going on for the past few days.

Two possibilities IMO
1 He is Naked shorting
2 UC (or someone from CMKX) selling

quote:
Originally posted by Bialystock:
I'm not sure how accurately my L2 reflect what's really going on but it seems like already this morning over a billion shares have been traded? And most are people buying at .0004 and JEFF is the only one that has shown that price...has that billion come from Jeff alone? Is it unusual for a MM to stand alone for 1 billion in volume in the first few minutes of trading on any one stock? Why don't the others jump in?

[This message has been edited by TruthTeller (edited July 27, 2004).]

Posted by WWJD-thru-me on :

Brad -Thanks for the Zen post. There is a lot of food for thought in there. He has some very well thought out and valid points. This is very difficult to sort out. I believe the Naked Short postition in CMKX is huge and that JEFF is in big trouble and stuck. I actually feel sorry for him. He is in a major mess. I think the NS baloney in the market drove UC to take these extreme measures to get this company up and running. I think it is nothing short of brilliant. Roger Glenn is a very good lawyer and does not come cheaply. We are going to end up with a great company and I definitely am long with most of my stock. I used to dimiss the idea of value in many other minerals besides diamonds. I knew we had zinc (by official PR). I thought maybe some gold. I still doubt the oil but I think Uranium and Potash are good possibilities. I agree with Zen that the share structure is changing frequently. I think it will continue to change and when we finally get the company filing we will be amazed at what UC and team has accomplished. I am trusting UC, Melvin and Roger-that is probably naive but we all make decisions about who we will trust and why. I will usually trust a person unless they give me a reason not to. UC seems straitforward. What you see is what you get. Melvin seems the same way. I would rather have an unsophisticated man with integrity represent the company than a polished con man who will say all the right things while stealing our wallets. Roger Glenn working to put this together really is a clue that they are creating something that out of the ordinary-his expertise is required. He has expertise in mergers and financing as his legal specialty. Good luck to all and I really need to not be in love with this stock. It is unhealthy to do so. But it is compelling. IMO-DD-Debi

Posted by VNGNTN1 on :

PLAYING AROUND with my MM trading model posted a few days ago, to prove there is profit in naked shorting. One scenario that might cause losses is:
Do the MM's pay the SEC charge WE see on our confirmations? for trades they buy & sell to each other or themselves? This would make it impossible to do in stocks trading less than about $.015
VAN

Posted by TradingWizard on :

Debi, well said. ty

In general, just ask yourself a question, if you know that you have something valuable (product, idea, mineral rights) wouldn't you get legal advice? Well, think of UC, with all these dealings and wheelings, and mineral rights, he needs legal advice left and right, he is working with few companies - the process may be too complicated, to ensure that everyone is happy, and on the end he needs to protect himself and CMKM Diamonds......I am starting to believe more and more that profitable diamonds are to be found soon as they start drilling - when I don't know, but I can wait.

[This message has been edited by TradingWizard (edited July 27, 2004).]

Posted by Wallace#1 on :

Let's see -- Money_Penny, JBCak, Truth Teller, Brad (?) and rivercity (?). Same posters time after time with the same old vendetta. Suppose, according to you, I started it this time as well. SIUYFA

And, by the way, if there is a large number of naked short sold shares, there's is also a HUGE PROBLEM for shareholders! FACT !!!!

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

Posted by Justhis1ce on :

Anyone notice the absence of bashers posting lately?

Posted by TruthTeller on :

I guess you said it cpl of seconds early

quote:
Originally posted by Justhis1ce:
Anyone notice the absence of bashers posting lately?

Posted by Upside on :

I've said this before but it needs to be said again. There is a BIG difference between bashing a stock versus attempting to point out some potentially negative aspects. Lately, if anyone says one negative word here, they're instantly labled a basher and ripped to shreds. I swear, this company could put out a p/r stating that Urban went through 40 billion of his shares last week wiping his back side with them and some here would say its his ingenious way of reducing the float, all part of the master plan. It gets tiring having to constantly defend a position when this forum is supposed to be OPEN for discussion, both positive and negative.

Posted by TradingWizard on :

************ Inc.: Burgeoning Bulletin Board Stocks: BESR, ITCV, DFRC, ARSK, CMKX
via COMTEX

July 27, 2004

Jul 27, 2004 (M2 PRESSWIRE via COMTEX) --

Stocks in the News: Itec Environmental Group Incorporated (OTCBB: ITCV), Diversified Financial Resources Corporation (OTCBB: DFRC), ARS Networks Incorporated (OTCBB: ARSK) and CMKM Diamonds Incorporated (OTC: CMKX).

Itec Environmental Group Incorporated (OTCBB: ITCV) shares traded with over two times the average trading volume on Monday. Itec Environmental Group, Inc develops and commercializes technologies that are economically and environmentally sound. The company has developed a cleaning system utilizing liquid carbon dioxide for cleaning recyclable plastic, oil and pesticide containers.

Bentley Sports Incorporated (OTC: BESR) traded strong with above average volume on Monday as share prices surged 20% at $0.06. Keep an eye on this company as it recently finalized plans to unveil its patented Kinetic Swing System(tm), an Internet based golf education system resulting from 15+ years of research that has proven to enhance the performance of beginning and amateur golfers, as well as the world's top players.

Diversified Financial Resources Corporation (OTCBB: DFRC) shares traded strong Monday with incredible above average volume trading and a 40% increase in share price at $0.0007. The company announced earlier this year that it was unable to complete the announced agreement to acquire a controlling interest in Impact Beverages Inc.

ARS Networks Incorporated (OTCBB: ARSK) shares rose 20% yesterday to close at $0.0006 on incredible above average volume. For the fiscal year ended 01/04, revenues rose 27% to $40 thousand while net loss from continuing operations totaled $2.9 million, up from $925 thousand.

CMKM Diamonds Incorporated (OTC: CMKX) shares remained unchanged despite trading 3,775,940,864 shares yesterday. The company announced Monday that it has agreed to acquire a 60%, undivided interest in 500,000 acres of potential Kimberlite mineral property in Saskatchewan, Canada.

As has been the case these past few weeks, the three major indices posted early gains only to lose ground as the day went on. The market closed on a lackluster note as the Dow traded sideways yesterday with no change while the Nasdaq and S&P 500 decreased a respective 0.54% and 0.20% as technology, health care, retail, material, and homebuilding posted significant losses, forcing the market lower.

Posted by JBCak47 on :

Wallace wrote: --------------------------------------------------------------------------------
Let's see -- Money_Penny, JBCak, Truth Teller, Brad (?) and rivercity (?). Same posters time after time with the same old vendetta. Suppose, according to you, I started it this time as well. SIUYFA

Hey a$$... I haven't spoken to you in days, infact I have restrained myself to the maximum point. If you are going to bring me up and talk smack about me then our little deal is off and I make four hundred thousand posts of things I could do with your wife and daughter... remember that post and what came from it? I beleive I worked you up into such a frenzy you contacted the admins... lol... Like a picked on loser kid in the third grade, go run to the nearest school official...

Keep trying your hardest to lower our pps by a tick... My money should be in next week, by Monday, another couple of hundred dollars !!!!

-John-

[This message has been edited by JBCak47 (edited July 27, 2004).]

Posted by Money_Penny on :

JEFF moved up to .0005 for now.

Posted by VNGNTN1 on :

AM I THE ONLY ONE
noticing a change in status of the last PR ?
We own 60% of 500,000 acres(curious not in hectares) not claims LAND!
VAN

Posted by JBCak47 on :

vggnn

How do you mean? What would be the change in status? You lost me (which isn't that hard to do,lol)...

-John-

Posted by timberman on :

Please people lets not attack each other. We don't want this to get like RB or Yahoo boards. These Pink and OTC companys are bad enough to deal with without us doing this to each other. Love thy neighbor is not always easy but is best. So if someone says something or labels you as something, let it go. Thanks timberman

Posted by Brad on :

I agree timberman. Let's stay away from the name calling. Stick to the subject of CMKX. Regardless of whether it's good or bad news as long as it's backed up with facts or opinions stated as such. If it's opinions though be prepared to back up why you think the way you do.

Posted by VNGNTN1 on :

quote:
Originally posted by JBCak47:
vggnn
How do you mean? What would be the change in status? You lost me (which isn't that hard to do,lol)...
-John-

ALL previous PR's have been about ownership of CLAIMS. This appears to me to be LAND. Claims gives you the right to minerals, but land gives you much more(mainly cheaper access) This must be why UC was willing to ponyup his sahres as a gaurantee?
VAN

PS
UCAD up 7+% today

[This message has been edited by VNGNTN1 (edited July 27, 2004).]

Posted by JBCak47 on :

vGNGTN

I see what you are saying. Yeah having the land and mineral rights does go much further then just mineral rights.

So now we have 1.9 (ONE-POINT-NINE-MILLION-ACRES) of land that we have mineral rights to! Yeahhhh babbyyyy, yeahhhh, groovy!

heheheh...

I wish I had more money to put into cmkx, however I am happy to be on board at stops .0004-.0008 lol... That works for me!!!lol...

-John-

Posted by CS on :

I would like to hear they are drilling. No one really knows what anything is worth till they find something! And that something better be worth it! I own 7 and a half million and I will not buy more till I hear that they are drilling! This other co DMXP is doing it and has diamonds and look at the share price and they are not 50 cents! Also I think with all the MMs controlling PPS it will be hard for it to go up. I just wanted to know what other share holders think! I mean isn't this common sense! We would all like to be rich but who knows when? I'm not selling but waiting to hear if this is worth it!

Posted by buzz357 on :

UCAD just hit $6.00

Posted by rde3 on :

By the way it looks on my time and sales, JEFF is just buying and selling shares.....

The sells equal the buys

rde3

Posted by rde3 on :

UCAD at 6.50 up 25%

rde3

Posted by WinsumLosesum on :

Sorry to open this subject back up, but I'm now a bit more puzzled than usual. I just received Ameritrade's reply to my follow-up email. (For the original email, see page 24 at 10:35) I've added the bold.

• My email:

Thank you for your speedy reply. In a worst-case scenario, how would I, the customer, be protected?

Thank you

• Ameritrade's reply:

Thank you for giving me the opportunity to assist you today.

Ameritrade is unable to guarantee the shares that you purchased of CMKX as indicated in the previous correspondence.

If you have further concerns or inquiries, please reply to this message.

Sincerely,

Laurie Wake
Reorganization and Safekeeping, Ameritrade
Division of Ameritrade, Inc.

Posted by Upside on :

originally posted by Van:

quote:
AM I THE ONLY ONE
noticing a change in status of the last PR ?
We own 60% of 500,000 acres(curious not in hectares) not claims LAND!
VAN

Van,
If its a part of these 500,000 acres that UCAD bought into earlier this year it's only claims. Don't know if they're one and the same though.

LAS VEGAS, Feb 20, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals Inc. ( UCAD ) announced today that the company has reached its targeted goal with its joint venture partner, Nevada Minerals Inc., as previously stated, to acquire 500,000 acres of rights for mineral development and recovery. The physical location of these staked rights is the east and northwest side of Fort al la Corne, Prince Albert, province of Saskatchewan, Canada.

Posted by Justhis1ce on :

UCAD @ $7.35

Posted by Leardron on :

quote:
Originally posted by Justhis1ce:
UCAD @ $7.35

Geez, you would think that it would have some kind of residual effect on the pps for CMKX.

Posted by Brad on :

quote:
Originally posted by Leardron:
Geez, you would think that it would have some kind of residual effect on the pps for CMKX.

It would if someone weren't deliberately screwing around with it IMO. I think the fact that CMKX isn't moving more in price makes me seem more inclined to believe that the MM's are in charge of it right now. But that too should change by the end of August I hope.

Posted by Justhis1ce on :

Does anyone care to postulate as to why UCAD activity has no impact on CMKX at this point?

Posted by Brad on :

quote:
Originally posted by Justhis1ce:
Does anyone care to postulate as to why UCAD activity has no impact on CMKX at this point?

See my post above. I believe "no impact" means that it is deliberately being held by the MM's at it's current level. No true supply and demand trading is going on which could drive the price up. Not far up maybe because I know that people still need to know the O/S in order to properly valuate the company.

[This message has been edited by Brad (edited July 27, 2004).]

Posted by HitMe101 on :

.0006 for a second.Must've been a glitch!

[This message has been edited by HitMe101 (edited July 27, 2004).]

Posted by Upside on :

originally posted by Justthis1ce:

quote:
Does anyone care to postulate as to why UCAD activity has no impact on CMKX at this point?

As I'm typing this, UCAD is at 6.70, up almost 29% today. CMKX is at .0005, up 25% today. Seems to me it has had the proper impact.

Posted by WWJD-thru-me on :

Hi Van-Thanks for two good posts today - one the question about the SEC fee and do the MM's pay it? I have no clue. I was hoping someone would answer that who knows for sure. My guess is they couldn't since they sell .0001 stocks all the time. The other was about the PR mentioning land. I hadn't noticed that and think it may just be a mistatement. If not that is really something. But UC handed over 40 Billion shares, present value at the time $16 million. He will not be paid back until it is profitably mined. So UC thought it was a buy.

There have been quite a few questions about when we will be drilling. I thought I read the post here but maybe it was on another board that the new land will be drilled with multiple companies and will start soon. I will try to find the link and post it. I bought some more today unfrotunately I didn't get it at the open I put in an order just as the price was going up. I was trying get some MLON at a good price and it didn't fill so I changed my order to CMKX.
GLTA-DD-IMO-Debi

Posted by WinsumLosesum on :

July 27, 2004 03:35 PM US Eastern Timezone

CMKM Diamonds Inc. Receives First $3,000,000 from UCAD Option

LAS VEGAS--(BUSINESS WIRE)--July 27, 2004--CMKM Diamonds Inc. (Pink Sheets: CMKX) announced today that it has received this day $3,000,000 from U.S. Canadian Minerals Inc. as the first exercise of a purchase option agreed to last week between the parties. Under the agreement reached last week, UCAD has a one-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.

Urban Casavant, president of CMKX, stated, "We are thrilled that UCAD has begun exercising its option as this frees additional cash for our expanding operations and exploration. As we move toward our meeting in Saskatchewan next week with all parties involved, an action plan will be directed to the future for all."
www.casavantmining.com

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

Posted by Prdponce on :

Debi

Here is the post. It is stated in the latest PR

For those concerned with the lack of drilling equipment, we just came up with some.

Posted by Prdponce on :

For those concerned with the lack of drilling equipment, we just came up with some.

Posted by Money_Penny on :

New NEWS:

July 27, 2004 03:35 PM US Eastern Timezone

CMKM Diamonds Inc. Receives First $3,000,000 from UCAD Option

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

Posted by HarryHar on :

15 million dollars can get us some decent equipment probably. Hopefully, they rent so that they can drill multiple sites at the same time instead of having to wait for one site to be done before moving on to the next. This seems to be good news. It is to me at least. I like how the companies are all intertwining, and the land that they collectively own is huge. The fact that the surveys were recently done with the most advanced technology to date leaves me to think that our team of mining companies that we are working with (possibly merging with) have extremely valuable land in terms of results from the surveying done. Everyone is interested in everyone else's land here...there must have been some eye opening discoveries made with that survey. I am starting to think that even without the naked shorting, our pps will be very very nice in about a year or so. At first, I was hyped up on the naked shorts, and how the pps would fly when they have to cover. Sure, that's true. But I think that when a mineable site or sites are discovered, we will see some real value in our company, and some REAL price movement. I am optimistic...long and strong!!

Posted by CHIMAN34 on :

Just lurking. Another nice pr today. Looks to me like this is for real, and less bashers are out these days.

Dave

Posted by sarki316 on :

listen the 3 million dollars is not for drilling equipment. I dont know who said that. read this taken from the last PR.

will be traveling to Saskatchewan in August with executives from U.S. Canadian Minerals Inc. to view the property owned by CMKM with the intent of planning a drilling schedule." The drilling will be performed with Rick Walker and United Carina Resources Corp. (CA:UCA), Consolidated Pine Channel Gold Corp. (CA:KPG) and Shane Resources Ltd.
CDNX: SEI).[/B][/QUOTE]

CMKM will not be doing the drilling.

lol!!! kids!!!! GUYS CMKX IS FOR REAL!!!!!!!

Posted by Prdponce on :

Urban Casavant, president of CMKX, stated, "We are thrilled that UCAD has begun exercising its option as this frees additional cash for our expanding operations and exploration. As we move toward our meeting in Saskatchewan next week with all parties involved, an action plan will be directed to the future for all."

Action plan will be directed to the future for all." = merger?

Big anticipation next week

Posted by JBCak47 on :

They'll be back, I am sure they are sitting down trying to come up with 'new issues' about these past two PR's. Understand they are working very hard,lol... the bashers I mean...

Well the count down continues... I need more shares damn it! only 3 million! wahhhhhhh! Every dollar and penny into this now!!!lol... I have to find out where a couple of old savings bonds of mine are, I know they matured!

I have a dead line now of getting One million shares by Aug 13th...

I found twenty dollars in my room, so that is now (at .0005) 40k shares.... I have two hundred that will be there on Monday morning... at these current levels that is 400k... so I have, hopefully 440k POTENTIAL... Still 560k to go...

Pharm, Money P, bigtip I need support!!!lol...

Maybe there is something I can hawk on ebay... lol...

-John-

Posted by Money_Penny on :

John,

As you suggested before, you can always start collecting aluminum cans...100 shares per can, lol.

Posted by sarki316 on :

They will use the money for the more testing on the core samples of the krimbrilte they found a few months ago. I don't think they will spend all that money to purchase drilling equipment.

John you don't have 1 million shares of CMKX!!!! I CAN'T BELIEVE IT. with all the fighting you do with Wallace#1. WOW!!!!!

YOU BETTER GET IT TO ATLEAST 1 MILLION SOON BUDDY.

quote:
Originally posted by prdponce:
Urban Casavant, president of CMKX, stated, "We are thrilled that UCAD has begun exercising its option as this frees additional cash for our expanding operations and exploration. As we move toward our meeting in Saskatchewan next week with all parties involved, an action plan will be directed to the future for all."

Action plan will be directed to the future for all." = merger?
Big anticipation next week

Posted by WWJD-thru-me on :

JBCak -You are getting as bad as me. Are you falling in love with this stock? That isn't good. I understand though. The first symptom is you think 3 million shares are not enough. The case gets worse and worse until you think 39 million shares are not enough. Eventually we will be like JEFF who thought 500 Billion was not enough and apparently created more. That is only my opinion. He certainly looks to be naked shorting. Have a good night and I really am not sure my 39 million shares are enough but I feel confident that your 3 million are enough for you. It must be the disease. I think the cure will be a cash dividend or a freely trading stock. Whichever comes first.
GLTA-DD-IMO-Debi

Posted by Brad on :

quote:
CMKM Diamonds Inc. Receives First $3,000,000 from UCAD Option
Tuesday July 27, 3:35 pm ET
Urban Casavant, president of CMKX, stated, "We are thrilled that UCAD has begun exercising its option as this frees additional cash for our expanding operations and exploration. As we move toward our meeting in Saskatchewan next week with all parties involved, an action plan will be directed to the future for all."

----------------------------------------
Meeting next week sounds good don't you think. "All parties involved". "Action plan will be directed to the future for all". That may or may not mean we could know more following their meeting IMO.

[This message has been edited by Brad (edited July 27, 2004).]

Posted by bill1352 on :

i think i missed something in last nights pr..said we got 60% of nevada it didnt say we got 100% of nevada's claims or land...ucad has 40% of the 100% nevada had now we get 60%...60 & 40 equal 100 yes but is the 60% we got all of nevada's 60% it seems to me we got 60% of what they had left...it would also figure because then cmkx, ucad & nevada all have a piece of each other which would cut down on any back stabbing as each owned part of the other ...also the pr stated UC would not be getting any of the ucad shares as this deal was done prior to aug 20th. it didn't say he would not be getting ucad on this 40 billion shares, it said not be getting any which would be saying he gave up all his shares in cmkx...i do find it hard to believe he would give all his shares up but his wife and kids have shares too. it also says by getting the 63 million for 40 billion shares if & when he gets paid he sold 40 billion shares for a .00155 pps. it sure seems as if real good things are in the future with these moves but as always it leaves a few real ?'s

Posted by Brad on :

We've heard about this meeting that was requested but Christian Traders is mentioning it again. Note - "CMKX is rapidly becoming the biggest story ever to hit Wall Street, trading more shares per day than Microsoft, Cisco and Intel combined." http://www.prweb.com/releases/2004/7/inktomi143462.php

Interview With CEO Urban Casavant Of CMKM Diamonds Inc. - CMKX, Requested By Christian Traders CEO Prior to Appearing on "World Business Review"
The weekly television series hosted by General Alexander Haig, Secretary of State during the Reagan administration, and directed by Emmy Award winning Alan Levy, invites Christian Traders CEO to appear on a special upcoming series - "Innovative Investment Philosophies".

Phoenix, AZ (PRWEB) July 27, 2004 -- Christian Traders, the internet's fastest growing faith-based online investment community, is pleased to announce an exciting development which will enable the company to share it's corporate vision worldwide, via a highly respected, award winning television news program.

World Business Review is currently broadcast over CNN, BRAVO, TECH TV, and ASIA TELEVISION to an audience in excess of 140 million households. It is also available to 112 million internet subscribers and is shown in-flight on American Airlines. Due to its high quality content, it has been developed into a full curriculum for college and university level courses. There are 90+ educational institutions who currently use "World Business Review" in a variety of business and technology courses, within their business libraries, and on-campus TV networks.

DeWayne Reeves, CEO of Christian Traders, stated,"We are extremely flattered to be approached by WBR at such an early stage in our company's growth. We are currently in the final phase of our proprietary software development, which will enable us to provide "Real-Time" data delivery to every internet connected computer in the world. We have also requested a meeting with Mr. Urban Casavant, CEO of CMKM Diamonds Inc. CMKX is rapidly becoming the biggest story ever to hit Wall Street, trading more shares per day than Microsoft, Cisco and Intel combined. The press release issued by CMKX last night has left thousands of shareholders extremely concerned. Since we have profiled CMKX on our site with a special disclaimer, it is imperative that we be able to meet with Mr. Casavant before formally accepting the invitation to be interviewed by former Nasdaq President, Al Berkley. In the event we are unable to meet the production deadline based on these issues, we hope the Associate Producer of WBR, Mr. Robert Stalzer, will extend his gracious invitation again in the near future."

Other Company News

Christian Traders recently announced that is has successfully finalized negotiations with Barchart.com Inc., to form a strategic alliance whereby, Barchart will implement, maintain, and provide data feed for the company's recently launched Financial Portal.

RECENT COMPANY HEADLINES -
A Modern Day 'David vs. Goliath', Battle on Wall Street

Online Financial Community "Prosperity for God's People"

CMKM Diamonds Inc. Message Board Now Available

You can view current CT profiles and daily trading alerts at the
Christian Traders Online Forum
Current profiles include AZMN- Azco Mining, DHPI- Desert Health Products, and DJRT- Dale Jarrett's Racing Adventure.

Company Info -
Christian Traders Inc.
911 W Woodland Ave
Phoenix AZ 85007
1.800.357.5953
602.252.4903 (fax) http://christiantraders.com
To visit our online community: http://christiantraders.com/forum

Posted by JBCak47 on :

Money P:

You know the can thing is getting tempting, I would have to wait until recycling day, which I think is thursday, so wensday night...

If I get 1200 cans, bottles I will get 60 dollars... at these prices thats 120k shares... Uhhhh I think Wens. night I won't be around. lol... I don't know though, I would have only like 4 or 5 hours to do this... Maybe... I mean even getting 50 dollars maybe worth it. I live on Long Island, so it's nothing but homes.

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

WWJD- Yes I am. I know it's a bad thing but I look at qbid and at these levels, the thirty dollars I may collect in the cans would be worth alot more if it hits .03-.1 on a huge climb up... I mean I love the fact you have so many, I think that is pretty spectacular to be honest! I figure by Aug 7-10th, that will be my last days of being able to send money seeing how the next week the price will climb, in my opinion...

If I can get one million more, I would feel more comfortable,lol...if that makes sense. 1.5 million short term, 1.25 million after a year+, then I still hold 1.25 million for years+... VERY long term.

There is so much going on with smaller mining companies that it amazes me. This could be what is necessary for all these small companies to survive next to and in competetion to Debeers/Ect...

Now if I could just find those savings bonds!

-John-

Posted by RockBats on :

Wouldn't we love to see a PR from CMKX like this in the near future?...
http://www.cbsnews.com/stories/2004/07/19/world/main630575.shtml

... or, at least until after John gets his 3 million shares. ;-)

Good Luck To All!!

Posted by VNGNTN1 on :

BILL
60/40 of a particular 500,000 acres.
VAN

Posted by will on :

UpMan:
I'm proud of you. and second your opinion. It has become so onesided that if there is a question in someone's mind that just might reflect negatively on the "I BELIEVE" crowds posts people get whacked and labeled basher. There are some serious questions regarding this company. I just read that repost from that zenboy windbag, and can't believe how people line up behind it, and take it as gospel, and CMKX partyline. As I think about it though, if I had $10K, $20K $30K and more of this stock I would want the sheep in line too.
The PR at first I didn't like because of the 35B additional shares issued. They weren't issued for some bullcrap worthless consultant, but for something that just might have value, so I have reconciled it, and like the idea much more after thinking about it.

quote:
Originally posted by Upside:
I've said this before but it needs to be said again. There is a BIG difference between bashing a stock versus attempting to point out some potentially negative aspects. Lately, if anyone says one negative word here, they're instantly labled a basher and ripped to shreds. I swear, this company could put out a p/r stating that Urban went through 40 billion of his shares last week wiping his back side with them and some here would say its his ingenious way of reducing the float, all part of the master plan. It gets tiring having to constantly defend a position when this forum is supposed to be OPEN for discussion, both positive and negative.

Posted by JBCak47 on :

ROCK

Hahah, I have the three million, it's the remaining one million that I feel like a rat in a maze, attempting to get to the finish line before the electric shock hits!

Or just a mouse on a wheel! hehe...

Nice story, I remember reading that last week... crazy crazy stuff. I mean if you were one of those guys who found it, turning it in you get nothing,lol but how do you unload it??? That is crazy...

Personally if it shot up before I get my last million, ohhh well, booo hoooo...

-John-

[This message has been edited by JBCak47 (edited July 27, 2004).]

Posted by VNGNTN1 on :

BILL
The 35bn Are privately placed out of O/S, The 40bn are privately placed out of UC restricted O/S. AND UC has said first $60m go to company!
VAN

Posted by JBCak47 on :

Money P/Pharm Update

I cleaned out my car, my room and the area around the washer and dryer and (including the $20 I found earlier in my room and adding up all spare/loose change) I have $31 at .0005 thats 62k shares hehehe...

Watch out for the CMKX 'Bum', I will be comming through your town in my Ghetto racer ( a shopping cart with three wheels) filled with cans and copper,lol...

-John-

Do you think my parents would get mad if I sold there cars?lol...

Posted by roparker on :

CMKX.PK)
Current Price: $0.0004
Approximate Daily Volume: 5 Billion Shares

A small company has made big plans for diamond exploration in the Prince Albert region this year. CMKM Diamonds, Inc (CMKX.PK) recently announced the acquisition of 500,000 more acres as well as a stock dividend to its shareholders of record as of August 20th.

Unheard of in the micro-cap world!
With yesterday’s announcement the company holds mineral claims to more than 1.9 million acres in the area stretching from north of Candle Lake down to St. Louis.

CMKM Diamonds drilling program began in earnest a few months ago and the company has found kimberlite, the mineral that Diamonds like to hide in. Could Diamonds be far behind? “It’s going to be an aggressive program,” said Casavant. “We figure if we have no problems we can drill a hole a week.”

He wants to drill several properties over the next two years at a cost of about $10 million. The company has been financed by individual investors who have put in $1.8 million US with a pledge of another $3.2 million upon completion of a feasibility study and core samples. CMKM Diamonds is a Las Vegas-based company publicly traded in the over-the-counter securities markets.

Being located in the United States gives the company access to the money needed for its planned drilling, said the president.

Once people know how much work is involved in diamond exploration; they understand what it takes to get a mine into production. “It takes money and money and money and a little bit of luck,” he said.

Don’t bet against Casavant finding Diamonds, the man is downright lucky. If you go to Las Vegas you might just see his picture hanging in the Orleans after he won $59,000 on the slots!

The company also has interests in property near Green Lake, 180 kilometres northwest of Prince Albert. CMKX will use an outside contractor for drilling in that area so its own rig can stay in the Fort à la Corne region. Casavant said he’s happy to be at this stage. “I’ve been at this prospecting and claiming land for about 15 years now,” said the self-taught prospector. “So I’ve been chasing this for a long time, and it’s finally all going to come together.”

The company is involved with many other companies in joint ventures in the area, he said, adding it also hopes to do aerial survey work in the near future.

CMKM Diamonds (CMKX.OB) was created last year through the transformation of Cyber Mark International, and it has been quite colorful since it took up the pursuit of diamonds. The company is listed on the mighty pinks in the United States, and at last report there were billions of shares outstanding. As a result, the stock is a trader's dream with a share price that has been lingering near one-200ths of a U.S. cent, but which occasionally has spiked upwards offering the enticement of a quick triple, or better. The high recently was .0012, which was an almost 1000% gain. Casavant announced the retiring billions of its outstanding shares of late -- more than 13 billion we have been told at last count.

Some of the Casavant claims are within 10 kilometers of Shore Gold's Star kimberlite and Kensington's No. 141 pipe, both to the west and east. As well, some of the claims are within five kilometers to the west of Kensington's No. 150 and No. 122 pipes, which apparently remain priority pipes for the joint venture, and other claims appear to lie within the northwesterly trending lines of kimberlite finds in the region. As a result, a drill program on the Casavant ground could stir up some speculative notice, especially if Shore and Kensington can come up with toutable results from their key projects in the coming months. If or when CMKX hits pay dirt and finds Diamonds wont you be glad you own a few million shares or a few billion?

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

WHY DIAMONDS IN SASKATCHEWAN?

One of the largest known kimberlite clusters in the world!

De Beers (The largest Diamond Company in the World) in joint ventures with Kensington Resources and Shore Gold; are actively mining for Diamonds in Fort a la Corne and there has been a recent discovery of a 10 carat plus diamond. At 10.23 carats, the stone is by far the biggest to ever come out of the prairie belt project, officially kicking of the mad diamond rush.

130 of the 2000 kimberlite pipes known worldwide are macro-diamond bearing. 23 of these are located in the Fort a la Corne district of Saskatchewan.

80% of Saskatchewans' kimberlite pipes are diamondiferous.

50% contain diamonds over one millimeter in size.

A high percentage of diamonds recovered are clear, inclusion-free and exhibit good crystal form.

Pipes said to have erupted under inland sea and therefore have not been exposed to weathering or glaciation.

Pipes lie within 300 feet of surface.

Area accessible by paved all-weather road, with water and power readily available.

Studies indicate cash operating costs of $10.50 per tonne, including overburden removal.

Saskatchewan government encourages mining in the province.

Disclaimer

The purpose of this advertisement is to provide publicity for the advertised company, its products or services. This advertisement is not a solicitation or recommendation to buy, sell or hold securities and does not provide an analysis of the financial position of the company. TN is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. TN accepts no liability for any loss arising from an investor's reliance on or use of this report. An investment in CMKX is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. An affiliate of TN has been hired by PartTime Management, Inc for the publication and circulation of this report, and received 500 million free trading shares of common stock of CMKX by PartTime Management, Inc and TN and affiliates have no other relationship to PartTime Management, Inc. TN intends to sell all or a portion of the CMKX stock at or about the time of publication of this report. Subsequently TN may buy or sell shares of CMKX stock in the open market. Since an affiliate of TN has been compensated there is an inherent conflict of interest. This report contains forward-looking statements, which involve risks, and uncertainties that may cause actual results to differ materially from those set forth in the forward-looking statements. For further details concerning these risks and uncertainties, see the SEC filings of CMKX including the company's most recent annual and quarterly reports.

Trader's Nation
20423 SR 7, Suite 490
Boca Raton, Fl. 33498

http://www.google.com/search?q=ixxfbgaamff@avvrojll.leteder.com

Posted by Upside on :

Traders Nation, another wonderful pump factory. Read their disclaimer, they were given 500 million shares for this piece of garbage, half of which is pulled right from the CMKX website.

Posted by pharmdman on :

quote:
Originally posted by JBCak47:
Money P/Pharm Update
I cleaned out my car, my room and the area around the washer and dryer and (including the $20 I found earlier in my room and adding up all spare/loose change) I have $31 at .0005 thats 62k shares hehehe...
Watch out for the CMKX 'Bum', I will be comming through your town in my Ghetto racer ( a shopping cart with three wheels) filled with cans and copper,lol...
-John-
Do you think my parents would get mad if I sold there cars?lol...

LOL, JB... with the price of gasoline, you'd probably save more from not driving than from selling your car! Just think... it's 4000-5000 shares of CMKX for what you pay for a gallon of gas! My last fill-up cost me 85,000 shares!

Posted by pharmdman on :

quote:
Originally posted by WinsumLosesum:
...Ameritrade is unable to guarantee the shares that you purchased of CMKX as indicated in the previous correspondence...

This really makes me less than comfortable!

Thanks for posting it though, Winsum!!

Posted by WinsumLosesum on :

quote:
Originally posted by pharmdman:
This really makes me less than comfortable!
Thanks for posting it though, Winsum!!

Yo, pharm! Been trying to break the Allstock addiction again today?

I'm surprised no one else was troubled by that little piece of information...

Posted by Highwaychild on :

This from last nights P/R ...

...makes more sense after the latest news.
I guess he WOULD be traveling to Saskatchewan.

clipped from todays P/R...

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

Posted by pharmdman on :

quote:
Originally posted by WinsumLosesum:
Yo, pharm! Been trying to break the Allstock addiction again today?
I'm surprised no one else was troubled by that little piece of information...

It's the drugs! I'll have to stop passing them out to everyone!

Yeah, I was on for opening bell, but then paid bills and went to bed right after.... ironically, this is the first day I've made any money in a while! LOL

Posted by WWJD-thru-me on :

Upside -I value your comments on this thread because you actually contribute DD and understand some of the negative issues. You are able to present them in a straightforward manner that makes any thinking person consider what you have to say.
------------------------------------------------------------------------------------------
Will -I have a hard time with your posts because I don't think you actually understand what is going on with this company that is good. I also think you see negatives where there aren't any.

I can understand the frustration factor with this company. If all the cards were on the table with this stock the price would be significantly higher than it is. I can easily believe .01-.10 but it may be more in the .50-.61+ range. Guess what? When we know so will everyone else and if the value of this stock is .50-.51 the price of the stock will be close to that not .00?

I am certain there is large naked short on CMKX. There may be a large number of shares out but I think we are seriously undervalued even if we had 500 Billion shares outstanding. I don't know the share count but I think we are getting value for our shares so our float may be tiny. CMKX does have some issues but I think it is pretty clear that they are addressing them. I look at your posts and bearly read the ones that call Zen an old windbag-What does that make you? A young one? I think to myself it is just Will ragging on CMKX again. You would be more credible if you had a little more substance to what you say other than ragging on the obvious. IF you wanted to provide a pro and con to CMKX that was balanced that would be great.

For example the negatives I see are:
We still don't know the share count.
We haven't been given the results of all the samples.
We still haven't filed to be reporting.
We haven't been given the results of the audit.
We are back at .0005 after being up to .0011
(There may be more legitimate ones)

The positives I see are:
The lawyer is working on the filings as evidenced by a correction filed July 14, 2004 with the state of Nevada.
CMKX is issuing dividends and attempting to straighten out a severely naked shorted stock. This position is based on the PR's the company has issued over the last 12+ months and connecting the dots.
The company is communicating with the shareholders in a timely manner. The debateable part of this is we still have less into than we want. The positives can claim that we will soon know and will benefit from the non reporting time the company went through.
The company has money and then more money-the positives will say we will soon see the sources of income. The negatives say UC is dumping shares.
CMKX has obviously added much value recently. Shares of UCAD and a large percentage of a new large mineral claim. We also just got a wad of cash. And there will be more IMO.
The positives who believe there is a huge naked short position also believe it will soon be taken care of. One way or the other. We think we have a good legal team, law firm and head lawyer.

All in all I think the flavor on this board tips more toward the negative than the positive. That would be fine if the stock deserved it. I don't think it does. We will soon see. I don't need the satisfaction of saying I told you so if I am right. I will be too busy writing checks to gloat. If you are right 1000 kudos. 10,000 if you are right and can use DD to prove it beforehand. Not afterwards. Sorry to rag on you for ragging on CMKX but it is a little tired. If you hate the stock you don't have to hang around the company board where the investors who are happy about some good news like to talk with each other. Not trying to chase you away but why waste your time if you don't like it?

I do like to hear opposing views that can look at both sides of an issue. To just cheer or rag without supplying the reasoning via link, post, or even thoughtful supposition just wastes everyones time. I like CMKX a lot and try not to be too much of a cheerleader but I really do think this is the real deal.

For What it's worth. I like Zen's posts. He is a little out there sometimes but when the dust settles I will bet he will turn out to be more right than wrong. We should all be so lucky.

GLTA-IMO-DD-Debi

Posted by Wallace#1 on :

Winsum,

Their minds are locked on one thing only ---

GREED

Posted by bill1352 on :

VNG...i understand that part but it seems that ppl believe that nevada is now divided up between ucad & cmkx 60 - 40 and i read it differant as in nevada sold 60 % of the 60% they still held...so now that 500,000 acres is slpit something like 40% ucad, 40% cmkx & 20% nevada....also i know where the shares came from i'm wondering about the fact it says UC will get no ucad shares...the ucad shares will be divided up to all o/s...any shares UC owns are part of the o/s. i commented on it last night & someone else said the same today...if UC gets no ucad shares then he only held 40 billion shares also it puts the naked shares therory in a bigger question as a main point to the therory is that UC has been buying up shares over the last yr...he had that 40 billion a yr ago if i'm not mistaken..it also adds weight to the pps being as it is because of a huge o/s and mm manipulation not naked shorting...the pps should be in the .oox not .0005

Posted by HarryHar on :

500,000,000 that's five hundred million shares given to that pump company to pump cmkx. At today's closing price of .0005, that equates to $250,000 worth of shares. Why on God's green earth would anyone surrender $250,000 worth of anything for that pump? I don't understand that...

Posted by WWJD-thru-me on :

Winsum - I went round and round on the Naked short shares issue and wasn't going to talk about it again but because it is you I will.

Is Ameritrade just saying they can't guarantee that your shares aren't naked shorted or that they can't guarantee your shares that they sold you? I would imagine they are catching on to the fact that they can't guarantee that they are not naked shorted because they are. That doesn't mean that they are not responsible to make sure they are somehow honored. Especially if and since they are continuing to sell them. They are legally on the hook even more so for continuing to buy and sell stock that they doubt can be delivered. That is a lawsuit in the making IMO and you should probably contact CMKX and their counsel on this.

The conclusion I finally came to is regardless of what type of shares we have in our accounts they will be honored if they have safely passed their settlement dates and we will be able to sell them. The MM's, and the brokerage houses have insurance and if they fail because of BKcy the SIPC kicks in with more money to honor their obligations. So I am not losing sleep over it but am buying more. I have a small number of certificates but am not even ordering more. GLTY-IMO-DD-Debi

Posted by bill1352 on :

wwjd...i'm all for cmkx...i belive one day it will be a huge pay day but i'm afraid you may be one of the ones that get paid and not me...you have i think 39 million shares? i have 1.2 million and i still see no proof that this is naked shorted ucad moves like it does because the o/s is very small, we move the way we do because the o/s is huge...the mm's can make good money because of the low price and huge o/s...the interest and possibilities of cmkx sells huge amounts of shares thus allowing the mm's to make money on fractional movement..could there be some naked shares? sure i'd bet on some but not enough to do much for our pps...i'm long on cmkx if i had 10 grand for investing i'd buy a huge stake in cmkx but unfortunatly the irs has its hooks in me so not much to add to my account

Posted by Wallace#1 on :

I would suggest that all you folks that claim you do DD go about doing some on Nevada Minerals Inc., a private company.

Who owns it? Any one or a group of Casavants or other insiders? Is there any conflict of interests? Was the deal with CMKX completely arm's length?

Posted by will on :

Debi:
I hope you're right, that your position will be vindicated. My problem with everyone that is gungho on CMKX is that they belive any concocted theory if it is favorable. Negatives are brushed under the carpet, and people that question these theories, suppositions, conjecture...on and on are lambasted and labeled bashers. I am not a basher, I just questioned from the very beginning the "Master Plan", and the "Urban genius legend", and the fact the company is/was never forthright and forthcoming.
Again these ppl that have $30K+ invested in this stock hate hearing ANYTHING negative, even if it is a question that haunts them. I am glad to see you recognize there are some serious questions remaining with CMKX that you listed in your negatives.
One thing I really understand is PPS.

Posted by WWJD-thru-me on :

Bill -I think that even a small amount of CMKX shares will be a good investment. I added to my position because as I learned more and more about the company I believed the value here is much greater than .0005, or .0011. I don't know the actual value but my worst case scenario with 500 Billion shares came out to .016 per share. I don't believe the lack of price movement has anything to do with the number of shares. I don't think this stock has been allowed to trade freely. That is my opinion and is based on what I have observed over the last few months together with the PR by the company which seem valid from my perspective. I think that point of view is valid enough that I filed a complaint with the SEC as have many other investors. Some brokerage houses are aware there is a short. Schwab admitted the markets need an integrity injection not more rules. We don't know the share structure yet; so it is hard to know what the final outcome will be. But even someone with 50,000 shares would be happy if this hits .01. That would be $500 and I think their cost would be $50 at .001 and $5 at .0001. That is a great return. I think it should have hit .01 already.

I have the number of shares that I have because I am hoping to be able to give away a huge amount of money. I don't need that much money. I live in a house that my church owns. I am married to a Pastor. He used to make big bucks as an Actuary and switched careers to become a Pastor. We have food and cars and clothes so the rest is gravy. I work as a singer and am affiliated with World Vision. During my concerts I talk about the kids who need help. I try to get kids living in desperate poverty sponsored so they can have a better life. I don't think I could do that work and live like a Queen knowing that most of the kids in Africa sleep on a dirt floor and go to bed hungry every night. If they have one living parent they are blessed. AIDS is wiping out the continent. So if I had 2 million shares for myself that would be good. I do think this is what I have said all along and I see it as an opportunity to get more kids sponsored than I could otherwise. So I will be buying as long as it is on sale. It may be greedy but I think it is smart. I don't know if I can call it greed if it is motivated by love.

I hope you do well with this stock and can use it for good in your life -IMO-DD-Debi

Posted by Highwaychild on :

I'm not in this for a quick buck.
I'm in it for long BUCKS.(or something)
CMKX acquires more mineral rights.500,000
Did they see something they liked? Mabey.
Do they have more team players?Looks like it.
It could be of some help.
With De B you know who in the area and all.

Posted by Upside on :

quote:
I'm not in this for a quick buck.
I'm in it for long BUCKS.(or something)

Quick, long, short, fat, as long as they're big, that's all that matters!

Posted by Highwaychild on :

Yep,big would be nice.HA HA HA

Posted by Wallace#1 on :

Winsum,

My vested interest in CMKX is of little consequence. Yours may be significant based upon your finances. If you truly wish to protect yourself, get the certificates. You
were told by Ameritrade, they could not guarantee anything if there is truly a naked short sales condition. That is also what I have been saying all along with reference to a considerable naked short situation. I am not sure either way if such a situation exists...yes or no, and have seen nothing to substantiate such a situation's existing. I do know as a FACT that if you get the shares in physical certificate form, that at least they will be considered valid by Ameritrade, CMKX and CMKX's Transfer Agent. Then, if there is any question as to entitlement to those shares and/or any declared and paid dividends or distributions, there will be NO QUESTION as to your ownership. I DO know what I am talking about!

Posted by Highwaychild on :

naked shorts=theft.
Maybe grand theft, I'm no lawer.
But I do know,nobody(mm's) wants there a$$ in a sling.
If they don't cover and want to go to jail, then I guess that's where I think there naked butts will go.

Posted by bill1352 on :

wwjd...i think what your doing is great...from re-reading my last post i see i forgot to add why i think my 1.2 will end up a profit but not much or lets say not a grand slam...the only way this pps hits it big is a r/s...yes i think the pps is manipulated by the mm's. i think they sell & or buy to keep it where it is and because of a huge o/s its easy to do. at some point in the future my 1.2 million will end up 120 or 1200 but unless i see something very differant from what i've seen i will be holding 1.2 mil on the r/s day and who knows by the time UC is done wheelin & dealin i might also own shares in 3 or 4 other companies

Posted by Highwaychild on :

What about a consolidation with 3or 4 other companies Mr. positive.
Alot of ways pps could move.Good or bad.
Right now to me it looks like we are moving forward,and that's a good direction.

Posted by will on :

I suspected Urban's fingerprints all over UCAD after that first lease deal, it was a sweetheart of a deal.

quote:
Originally posted by highwaychild:
What about a consolidation with 3or 4 other companies Mr. positive.
Alot of ways pps could move.Good or bad.
Right now to me it looks like we are moving forward,and that's a good direction.

[This message has been edited by will (edited July 27, 2004).]

Posted by Highwaychild on :

quote:
Originally posted by will:
I suspected Urban's fingerprints all over UCAD after that first lease deal, it was a sweetheart of a deal.

http://www.tcdjs.com/images/cmkx/day2/seattle30.jpg

Looks pretty good on the back glass too.HA HA HA

Posted by Upside on :

The only place I see us headed right now is into a massive state of confusion. Look at what's transpired in the last few days:

UCAD buys 5% of CMKXs claims for 7.5 million shares, CMKX says they will issue those shares to the shareholders as a dividend, CMKX invests 1 million in CIM for a 10% lifetime royalty on all of their claims plus 40 billion shares of their stock, which doesn't exist at this time, CMKX says it will issue these 40 billion non-existant shares to shareholders as a dividend, CMKX buys a 60% interest in Nevada Minings claims (which are also part owned by UCAD) for 75 billion shares of restricted stock 40 billion of which are Mr. Casavants and 35 billion are "new" shares, UCAD invests an additional 3 million for an additional 2% of the 10% of CMKXs claims. The CMKX funny car loses another few races.

Can anyone keep this straight?

Posted by Highwaychild on :

No help here...this is a job for D. Glenn man.

Posted by Doctoall on :

Trying to do some research on UCAD and the Urban ties.
U = Urban Casavant
C = Carolyn Casavant (his wife)
A = ** not sure is this the first initial
of his daughter or another partner
D = David Desormeau a name mentioned in many
of Urban's other business dealings
Just a huntch, mere speculation, but could it be !!!!!!!!!!!!

------------------
"If We Agree To Disagree, Then We Can Remain friends"

Posted by Doctoall on :

I remember seeing somewhere that both Urban's daughter and son joined the company after they graduated from university, maybe in 2003 or so. Maybe someone can research the company filings to try to locate other principals who have the first initial of "A" or "D" to try to put this theory together

Posted by Wallace#1 on :

Up,

And one more thing. What is the relationship of Nevada Minerals to CMKX, UCAD or any of the other partners of CMKX --
or to any of the major shareholders of each.

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

Posted by Upside on :

Wallace,
Take a look at this.
http://www.sec.gov/Archives/edgar/data/1277506/000127750604000001/xslF345X02/primary_doc.xml

What do you think?

Posted by Upside on :

Can anyone supply a link to the list of companies that Urban owns? It was posted here a few weeks ago when the transfer agent fiasco was going on. Thanks.

Posted by will on :

LOL, the T/A fiasco. No negatives here, right. There's so many goofy things I forget them all until someone mentions one of them. Just another error in judgement swept undr the rug. I guess I find negatives where there aren't any. Hey! Just throw a dart, you'll find one.

Posted by WWJD-thru-me on :

Upside -The percentages of the different companies and interrelationships is extremely hard to follow. I think I would need to sit down and graph it all out to have it make any sense. If anyone has the time to map it out that would be a visual worth looking at. All the different percentages etc, and dividends would make me not want to be short in this.

Bill -I have higher expectations for this stock than you do I think. I am hoping that UC announces some kind of cash dividend before anyone I know sells any too cheaply. I would hate for anyone to miss out on that if CMKX is going to do that. The meeting next week should give us more insight. I noticed the IRS part at the end of your post. I hope this can help you out with them. Not a group you want to be at odds with.

Wallace - I think I can agree with you about the certificates. I got some and after talking with Etrade yesterday decided not to get more. But I probably should get some more. I am long with most of them anyway so I may as well.

GLTA-DD-IMO-DD-Good Night -Debi

Posted by will on :

UpMan:
Correct me if I'm wrong. When the "T/A fiasco", ocurred, (which by the way, is what Marvin called it too), was happening, weren't the Think Outside the Boxers and the rha rha boys protecting their investment telling everyone it was a stroke of genius, and it turned out to be an embarrassment?

[This message has been edited by will (edited July 27, 2004).]

Posted by f15crew on :

quote:
Originally posted by Upside:
Can anyone supply a link to the list of companies that Urban owns? It was posted here a few weeks ago when the transfer agent fiasco was going on. Thanks.

I searched back to June 23 and here is what was posted. This is the link to the Nevada Secretary of State Corporate Information.http://sos.state.nv.us/ofcsrh3.asp I just typed in Urban Casavant and here is what it showed.

URBAN CASAVANT CAROLYN CASAVANT EMMERSON KOCH CASAVANT INTERNATIONAL MINING CORPORATION
URBAN CASAVANT CORY KLASSEN CORY KLASSEN CMKM DIAMONDS INC.
URBAN CASAVANT DAVID DESORMEAU DAVID DESORMEAU CASAVANT GOLF COMPANY
URBAN CASAVANT URBAN CASAVANT URBAN CASAVANT DESERT STOCK TRANSFER COMPANY

Hope this helps.

Randy

Posted by Upside on :

Thanks Randy!

Posted by Doctoall on :

Still One Missing Piece Of The Puzzle:

U = Urban Casavant

C = Carolyn Casavant

A = ??????? (Dtr)

D = David Desormeau

Who will find what or whom the "A" stands for. IMO there is a definate connection between Urban and UCAD and thus makes the transfer of stocks and money very easy between both companies.

------------------
"If We Agree To Disagree, Then We Can Remain friends"

Posted by Upside on :

Ok, here's what I've found out so far. Urban is President of both CMKX and CIM so the 1 million dollar CMKX "investment" in CIM is meaningless. It's nothing more that Urban investing in Urban. Also found out that Nevada Minerals is an owner of UCAD so UCADs investment in Nevada Minerals is relatively meaningless also. The missing link is the connection between CMKX and UCAD. It might be there somewhere but I haven't found it yet. I actually hope there is no ownership connection there because if there is, all of these companies are doing nothing more than putting out meaningless p/r's to artificially inflate their stock price. That could spell disaster.

Posted by tahoechris on :

according to melvin, CIM will become publicly traded

Posted by f15crew on :

I found the names of all Casavant Shareholders in the 14C filed in Jan, 2003. There are a lot of family members here.

(5) The Casavant Family consists of 22 members who are related to Urban Casavant. Their respective share holdings are reported separately from Urban Casavant. As a Group, the Casavant Family holds 10.7% of the Company's shares. Of this amount 100% are Rule 144 shares. There is no Casavant Family share pooling agreement, voting trust and/or other agreements relating to the shares in effect at this time. The Casavant Family includes: Albert Casavant (3,000,000); Brandy Casavant (2,000,000); Brad Casavant (500,000); Chantelle Casavant (2,000,000); Craig Casavant (2,000,000); Dale Casavant (50,000,000);Denise Casavant (30,000,000); Felix & Marlene Casavant (1,000,000); Gerry & Betty Casavant (300,000); Harvey & Gloria Casavant (1,000,000); Justin Casavant (2,000,000); Kyle Casavant (500,000); Marina Casavant (500,000); Max Casavant (10,000,000); Ray Casavant (3,000,000); Ron Casavant (30,000,000); Ryan Casavant (500,000); Trevor Casavant (2,000,000); and Vic Casavant (30,000,000).

There is an Albert Casavant, am still trying to find more about him.

Randy

Posted by f15crew on :

Don't remember seeing this...I know it's a few weeks old and if you've seen it, please disregard. More drag racing advertising for CMKX

PARTNER BEGINNING IN 2005
(7-14-2004) - Jim Dunn Racing has signed CMKM Diamonds, Inc., as its primary marketing partner beginning in 2005. The multi-year agreement serves notice to the competition that the new CMKX / Lucas Oil Funny Car will race to win during the entire NHRA POWERade series.
To demonstrate the strength of this new partnership, CMKM has obtained a prominent Associate-level spot on the K&N Filters / Lucas Oil Funny Car for the remainder of the 2004 season. In doing so, CMKM is proud to be associated with some of the most respected names in the automotive aftermarket industry.
Team Owner Jim Dunn stated, "We couldn't be more pleased to be making this announcement at the half-way point of the season. With CMKM coming aboard early, it allows us to build our relationship and develop a high-impact campaign for the coming year. Starting in 2005, we'll be known as the CMKX / Lucas Oil Funny Car."
CMKM founder and Chairman of the Board, Urban Casavant, is a veteran in the precious metals industry, having almost 20 years of experience. He commented, "I'm excited to be associated with Jim Dunn Racing. This is a first-class operation, and with 'Big Jim's' know-how, our team will be in the winner's circle soon. In my opinion, our first big win will equal the excitement of discovering a new minerals claim."
CMKM Diamonds, Inc., is a mining and exploration company with abundant mineral claims in central Canada. The company has over one-million acres claimed in the Saskatchewan Province of Canada. A great new alliance has been formed and all parties are ready for action!

Randy

Posted by JBCak47 on :

WWJD
"It may be greedy but I think it is smart."

There is nothing greedy at all with what you are doing. I have my own ideas on what I plan to do with some of my money. I truely feel that God will deliver to you as long as you do good with it. There is nothing wrong with keeping two million, in fact keep three so as you can hold on to some more money to attempt to make more with it to do even greater good... follow your heart but just remember NT/OT God is just that, polarization of being forceful and of being loving... apply it to the stock market
Good night/Sweet dreams

=============================================
Pharm...

OMG 80K+ Terrible, makes me want to cry...

Well I will have saved up another 10 tomorrow by skipping lunch/breakfast and just eating two bagles then get home and eat dinner...

So we are upto like $41 (The number may change,lol...) 102k or so Muwahahahahah!

There's gotta be something I can sell on ebay that I have no use for. hmmmmm....

My mission... to acquire 1.05 million shares of CMKX buy Aug 13th. I have 16 days to come up with some money. Guys root me on!
This will be fun to watch pan out. I wonder if I can do this! Only one way to find out!

-John-

Posted by thecwexperience on :

i am pretty new & want to say hello again...i would like any feedback reference stock certificates or the type of acct held...the subj was touched on briefly by a couple of members...wondering if they're necessary in my case...please forgive any redundancy...keeping in mind our situation with the cmkx sharecount, here is where i'm at:

-i have a little over 1mil shares
-i use trading direct (i went to the bbb website & trading direct has only had 1 complaint that was resolved in 2003, i believe)
-i have a cash account only...would this exclude me from being somehow 'shorted' since i'm not allowed to margin trade,ect..however i don't want to be pennywise & pound foolish

thanks for the help in advance!

------------------
"One cannot counterfeit anything that does not exist"

[This message has been edited by thecwexperience (edited July 28, 2004).]

Posted by Bialystock on :

I received this Green Baron email update on CMKX today. Not sure if it was already posted here or not. I don't see the same report on their website but maybe they send this to subscribers first and update their site after that? I'm a new Green Baron sub so I dunno. Anyway, that's why there's no link to insert here, sorry.

"The Green Baron Report

July 27, 2004

Stock to Watch Update

CMKM Diamonds, Inc. (CMKX)

CMKM Diamonds is rapidly becoming the stock play we had originally envisioned – The Stock Play of a Lifetime. Based on press releases announced on Monday, July 26 and Tuesday, July 27, The Green Baron Report is telling our members once again to seriously watch this stock right now. The only thing keeping us from fully profiling CMKX on our home page is the fact that the company still has not released its total issued and outstanding share count. However, we anticipate this number will be released within weeks.

Since we began coverage onJuly 13, 2004 , CMKX stock price has only moved slightly higher from an offer price of .0003 to .0005 despite news regarding the distribution of stock dividends, an investment in more prospective mining property, and the receipt of cash from US Canadian Minerals (UCAD). CMKX stock continues to be one of the most heavily traded stocks on Wall Street, and appears to be held down each day over the past several weeks by the market maker JEFF as he seems ever present on the offer. Please note that JEFF went to the bid side mid-day on Tuesday July 27 at .0004, and may finally indicate a change in his positioning going forward.

Last week The Green Baron Report forwarded a list of about 15 questions to be asked for an upcoming Green Baron webcast interview with CEO Urban Casavant. Although Urban expressed strong interest in conducting the webcast now, attorneys on his behalf have asked him to delay the interview until after the company becomes fully reporting. We will alert our members when we secure a firm date for the interview and its release.

On Monday July 25, CMKM Diamonds announced it had acquired a 60% undivided interest in 500,000 acres of potential Kimberlite mineral property inSaskatchewan,Canadafrom Nevada Minerals. CMKX now has an interest in nearly 2 million acres of land in mineral rich areas ofCanada.

On Tuesday, July 26, CMKM Diamonds received its first $3,000,000 from U.S. Canadian Minerals Inc. as the first exercise of a purchase option agreed to last week between the parties. The Green Baron Report views this announcement as extremely positive for two reasons: one, this confirms that CMKX has cash on hand and should not be in any need of selling shares to raise money as has been suggested by nay-sayers; and two, UCAD’s speedy option exercise seems to clearly indicate that CMKX is sitting on very valuable property.

One final note: As announced onJuly 18, 2004 , shareholders of recordAugust 20, 2004 will receive a stock dividend of US Canadian Minerals (UCAD). Although we are still awaiting more specific details concerning this dividend, UCAD stock has rallied in recent weeks from about $3.00 per share to as high as $7.35. Regardless of how many shares of UCAD that CMKX shareholders will receive, it appears that investors in UCAD view recent developments very positively."

Posted by tradingpennys on :

Harryhar :"Howcome it's bashing to try and find out some opinions on the security of our holdings? That's completely ridiculous. Because I care so much about my holdings in this company, I want to cover my bases when this stock does start to fly. I don't see anything wrong with that and would actually call you a bit near-sighted if you aren't trying to find out as much information about the security of your holdings as possible. This type of situation has never happened before. You can't be too safe because no one knows how this will turn out (even if the price goes crazy!) in the end. I have 17M and holding long."

Well said ..well spoken!

Posted by tradingpennys on :

quote:
Originally posted by Upside:
I've said this before but it needs to be said again. There is a BIG difference between bashing a stock versus attempting to point out some potentially negative aspects. Lately, if anyone says one negative word here, they're instantly labled a basher and ripped to shreds. I swear, this company could put out a p/r stating that Urban went through 40 billion of his shares last week wiping his back side with them and some here would say its his ingenious way of reducing the float, all part of the master plan. It gets tiring having to constantly defend a position when this forum is supposed to be OPEN for discussion, both positive and negative.

Again, well said... well spoken

Posted by ali on :

U.S. Canadian Minerals Inc. Exercises Initial Purchase of CMKM Diamonds Inc.'s Mineral Claims for $3,000,000 USD
via COMTEX

July 28, 2004

LAS VEGAS, Jul 28, 2004 (BUSINESS WIRE) --

U.S. Canadian Minerals Inc. (OTCBB: UCAD) announced today that it has exercised its initial purchase under an option with CMKM Diamonds Inc. (Pink Sheets: CMKX). The option, agreed to last week between the two parties, has been exercised for an additional 2% interest in all of CMKX's mineral claims for $3,000,000 USD. Under the agreement reached last week, UCAD has a one-year option agreement to purchase an additional 10% interest in all of the mineral claims held by CMKX for an aggregate total of $15 million USD payable to CMKM Diamonds Inc.

Rendal Williams, CEO of UCAD, stated, "This is only the first purchase that the company expects to exercise as we move forward, increasing our holdings, asset base and the acquisition of potentially high-revenue properties."

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:

SOURCE: U.S. Canadian Minerals Inc.

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

Posted by Highwaychild on :

Ali your fast.
I like statment Rendal Williams,UCAD CEO,made.
Moving forward sounds good to me.

Posted by XchangeMODE on :

BASHING=FALSE RUMOURS!

Posted by XchangeMODE on :

STOCK CERTIFICATES=FALSE RUMOUR

i guess there is a snake on this thread

What a brilliant idea
let`s scare people from buying cmkx
or from trading it
and have them buy certificates

certs you can put on a wall or in a safe
there are no longer in your tradingaccount

and could you imagine ameritrade having all these lawsuits of private investors owning naked shares
and ameritrade sueing the MM`s for selling them naked shares.

NOBODY OWN`S NAKED SHARES,

it`s like borrowing something you don`t own

if the shares are in your account
THEY ARE YOURS!!!!!!!

THE Marketmaker has to find them
TO COVER
and that is called a SHORTSQUEEZE

Posted by XchangeMODE on :

YOU can call anybody at AMERITRADE and they will tell you the same thing
the shares are in your account they are yours

SO the conclusion is we have to deal with
PAID BASHING
WE all know there is lot`s of money to be made with naked short selling and people will get PAID to fascilitate this activity

a PAID secretary to spread a false rumour about a 400 Billion O/S ( the transfer agent fiasco)
that was very effective

and stock certs is a brilliant way to scare investors

if would be a paid basher on this one i would take my money and go long on this one
and say to hell with my boss

Posted by ali on :

Divident post from another board....

UCAD currently trading at $6.90! We are getting free UCAD Shares as CMKX Holders - 7.5 million total. But with last nights PR, we have learned that UC will NOT be taking part in this dividend. Thus, he will not himself reap any free shares of UCAD, but will give all 7.5 million out to other shareholders. Now, Melvin was on PalTalk today, and again reiterated that the OS is NOT 400 Billion and not to believe it. Don't listen to anything about the OS until an official PR comes out! But, let's just say worst-case scenario is true, and the OS IS 400 Billion. Now, Urban has to own AT LEAST 200 Billion of these shares to keep control of CMKM Diamonds. Obviously if he didn't, Debeers or whoever else could buy them out in a matter of days. So again, lets say worst case scenario, UC Holds Just over 200 Billion to maintain control of CMKX, leaving other shareholders, including insiders mind you, with just short of 200 Billion shares. 200,000,000,000 (Shares to receive UCAD) divided by...
7,500,000 (UCAD Shares to be given away AUG. 20th), is approximatly 26,667. Thus, for every 26,667 shares of CMKX you own, you get 1 free share of UCAD. Again, this is WORST case scenario here folks. Thus, we'll say that you get 38 shares of UCAD, for every million you own of CMKX. Not bad at all, when the company is trading at nearly $7? 38 Shares x 6.90 (Current UCAD PPS) is $262 FREE, for every million shares of CMKX you own. Of course these are restricted for a year, but let's be honest....UCAD will go up much higher within a year's time. Joint ventures, buyouts, dividends...they have to know something here people. Again, this is the absolute WORST any of us can do, assuming the OS is the absolute highest...400 Billion. For every 10,000,000 shares of CMKX you own, your getting about $2,600 free in UCAD Shares. Just thought I'd post that to prove everyone just how good last nights PR really was. UCAD & CMKX are sitting on a lot of acres, full of a whole lot of Kimberlite and diamonds. Both companies PPS will increase over the next year IMO, if not explode! GLTA

[This message has been edited by ali (edited July 28, 2004).]

Posted by cool1sh on :

This may not be 100% acurate as someone typed while listening..

Paltalk transcript (with Melvin)

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

Q: Any concerns about SEC or insider info getting out? Does not want to put company in jeopardy.
A: Don’t worry about me as far as the SEC goes. This is the World wide web obviously I can be on any message board I want. I choose where I want to be on and I am thrilled. UC is fine as long as I don’t say anything stupid or am a jerk. Don’t worry everything is cool.

Q: Can shareholders do anything to help CMKX?
A: real easy. Continue to do what we are doing. Having patience and faith in us.

Q: What are your thoughts on a message board on new site.
A: my thoughts are no. Sterling’s board is home. Everyone on this board has CMKX in common. Board run well. People know what they are doing and understand CMKX

Q: Any timeframe for shareholders when we will see the big picture? Year, months?
A: I have some ideas but I’m leery about giving time frames.

Q: Are we expecting remaining core sample results from Carolyn?
A: yes we are. First core sample was tested for just diamonds. 2nd sample is testing for other stuff. That’s all I’m gonna say about that.

Q: where do you see CMKX in 5 years?
A: depends on what we accomplish in next 5 years. Good example is Shore Gold. One of biggest in FALC in 5 years. Let me check my crystal ball.

Q: When is actual dividend cutoff date? 18th? Will PR specify details?
A: Not exactly sure. Possible 3 day grace period so the 17th. Ratio is still being worked on I assume PR will lay it out in layman’s terms.

Q: What race will you be at next.
A: I don’t know.

Q: What about leases that expire in 2012
A: leases are the least of our worries. Easy to renew.

Q: 15-12G non reporting. Any comment on filing shortly? Do we have more than $10 million in assets? How often do you speak with Urban.
A: I will reserve judgement until share structure comes out. I talk to Urban everyday at least.

Q: Are you ready to give tours up there?
A: Everyone is always welcome. Because we moved the rig, formal tours are not set. You are welcome to come but all you will see is a drilling rig in a field.

Q: Will we be receiving a cash dividend?
A: I mentioned that this morning. As far as I know yes. I don’t know when. Could be a month from now, six months from now.

Q: How long have you been with the company?
A: since march 2003. I currently have another job. My boss is friends with UC and UC was having trouble with Investor relations. I was a shareholder first. The past IR person was rude and ignorant. Urban found out and my boss mentioned me since my interest in diamond mining. UC was hesitant but gave me a shot.

Q: Do you know anything about green baron?
A: I do not know anything about the green baron.

Q: How many rigs do we have along with JV partners?
A: right now 1. If I had my way we would have 10 of them. We will need 10 of them.

Q: How long does it take to get a core sample and can you tell visually the content?
A: Depends on how fast the lab works. I can’t tell visually but a trained geologist can. Kimberlite is very soft like clay. I can’t see diamonds but a trained geologist can.

Q: Are you aware of stock patrol?
A: yes, I think I will send them the “Bad Boys” CD as well.

Q: When are we getting a race boat?
A: Urban already has one and it is fast.

Q: Could you talk about the non-magnetic kimberlites. Are you expecting diamonds out of that. UC seemed pretty convinced something is there. Can you comment on size?
A: non-magnetic kimberlite is just as likely to have diamonds as magnetic. 25-30 years ago they could only find magnetic kimberlite. Newer technology shows us this. How big? We won’t know for sure until drilling but based on aerial survey… how big is Rhode Island… no that’s not right. It is a very good size. Let’s just put it this way, when you say big, that would be understatement. Depth is just as important as surface. Compared to DeBeers star 140/141 it is a heck of a lot bigger.

Q: Our price at .0005 seems undervalued.
A: yeah. MM’s seem to have control. We put faith in UC and he will do everything in his power. Be patient. Bigger and better things are going to come.

Q: If someone has 30-50 million shares and wants to double their position, is it pointless if they are just naked short shares.
A: Here is what I think. All shares will be honored. They are good shares and worth a lot of money very shortly. Purchasing more shares is totally up to you. I won’t give advice on buying shares.

Q: How is the relationship with the Sask. Government?
A: The gov’t has been very good to us. They want open pit mines badly. Produce revenue, jobs, infrastructure.

Q: Does CMKM diamonds own Juina?
A: I haven’t heard of Juina for the last year and a half so no comment.

Q: With such a vast area, how do you determine where these minerals are found… gold, zinc, topsoil, uranium, etc.
A: all of the above.

Q: You mentioned our shares would be worth a good bit of money very soon. What is soon? Should we refer to the PR? Is that before 8/20? Will JEFF covering prior boost our price?
A: Revert back to every PR this company issued. Read the PR, that is what we are doing. Whether it is this recent one or from 9/1, we all make assumptions. We should all read the PR’s carefully.

Q: Can you explain the TA issue:
A: We moved to Pacific and due to some problems and the volume of calls we renegotiated with Global and went back. UC was going to start his own but it was too much of a pain.

Q: Will you be retiring shares before the OS is announced?
A: The answer is yes. We have been retire shares for a long long time and will continue to retire shares.

Q: Will we see another PR this week?
A: I don’t know.

Q: Did Roger Glenn give you the clearance to post here?
A: No. I don’t think Roger or Urban would care. In fact UC would be glad I was here this late working.

Q: Can you recap your last conversation with Joel?
A: No. It would probably shut down this board. You don’t want to know.

Q: Has Melvin met roger glen?
A: no. Roger will be in Sask next week. Not sure if I will be invited to the meeting. I can’t say why they are meeting.

Q: Status of aerial results?
A: no sense in releasing since they are in geological terms right now.

Q: Any plans for a party in Las Vegas?
A: I’m gonna leave that wide open and not touch it with a ten foot pole. This will be a surprise for everybody.l

Q: What are significance of new claims near prince albert.
A: insider. Can’t answer.

Q: What date do we get our UCAD dividend?
A: I couldn’t tell ya.

Q: FALC has been known for 20 years. Anyone doing any viable mining right now. Why so long?
A: known for about 30 years. Discovered by De Beers. Not mined to keep supply of diamonds low. Other smaller companies have come and gone. DeBeers utilizing other mines around the world currently. More economical for them to sit on mine and wait until other mine goes dry then open up FALC and mine for next 50 years. Shore Gold got lucky. 2 kids in the sandbox now and they don’t get along. Shore Gold realizes this. They are going gung ho and they don’t care what DeBeers/Kensington (same company) does. We are going to go at our pace and ability. DB and Ken. Need to catch up. Now out of nowhere comes CMKX. Now 3 people in the sandbox but 1 person holds a lot of land. Other 2 kids wonder, either we got bigger or the sandbox got smaller. The 3rd kid owns all the sand. Here is this big fat kid we’ll call Uncle Melvie. Why would he do that? Maybe we missed something 25 years ago cause we couldn’t detect non-magnetic kimberlite. Maybe we should make friends with this fat kid. No, we’re the largest diamond mining company in the world. Little do they know this fat kid is doing business on its terms, the shareholder support. Now the fat kid starts to rumble. One of these days this big fat guy will blow up and spew diamonds and the other kids won’t have any diamonds. Perhaps the other kids will run and the big fat kid will pick up their pipes. Who’s to say. A lot of things can happen. If you think about it that is the kind of thing going on at FALC.

Q: When is the new site going to be up and running?
A: should be Monday or Tuesday next week.

Q: Do you feel CMKX could be the next diamond empire?
A: you are right. I can not emphasize enough the magnitude. This thing is so huge. Compare FALC area to Microsoft. Started from back of garage and look where it is today. That is the kind of comparison we are looking at here at FALC. UC desperately wants to control that. We have big players that won’t just walk away. Like the movie Independence Day when President talked to aliens. “Can we coexist?” yes. There is enough for everyone.

Q: Are we working on a partnership with Shore Gold?
A: Not now. In the future, who knows.

Q: Rumor that DeBeers has kimberlite mostly on our property. Any idea when new maps with new kimberlite might be finished?
A: Map at races done in June. New web site will show updated 3-D kimberlite pipe map. Can zoom in and interact with map. Don’t quote me I’m not positive. I want this done on the new site.

Q: How many employees? Do employees drill or contractors?
A: Own crew. 2 drillers per shift x 2 shifts 24 hours 7 days a week. Paid by CMKX. Ron is foreman. Ralph Newdson (sp?) is geologist. About 20 total employees.

Q: Can you clarify the $40-$80 billion value of land?
A: We don’t own the land. We have the mineral rights. I think they are talking about just mineral rights. The figure I am assuming is the potential of the minerals is worth that amount.

Q: Back to the sandbox. Isn’t the logical after the 2 kids fuss, wouldn’t they just decide to join the fat kid.
A: yesiree bob. That is one scenario. If you can’t lick em, join em.

Q: Is the Amex urbans goal?
A: I can’t tell you at this time.

Q: How will winter affect drilling?
A: It won’t.

Q: Is it a goal for UC to make us millionaires.
A: Yes it is. Urban wants to make millionaires out of all of us.

Q: Anything new with Carina, Pine.
A: No I can’t comment.

Q: You stated on IBC that you would ask UC to do 3 things. What happened to those?
A: They are being done. 1. bring share structure. That is being worked on. 2. start drilling. 3. if naked shorted, let’s do something about it. Can’t do #1 until #3 is addressed.

Q: Do our JV partners also have rigs and are working?
A: No, not to my knowledge. Don’t quote me. I will verify with UC tomorrow. We’re working on getting more rigs because we will need them.

Posted by MiggyTrader on :

If CMKX and UCAD merge, is it good or bad for CMKX shareholders?

Posted by Brad on :

Interesting comment from Zen.
------------------------------------------

Posted by: zeninvestor32
In reply to: None Date:7/27/2004 10:53:53 PM
Post #of 64463

SUPREMELY CONFIDENT

I am very, very, very confident that within the next 3 days we will see a very hard-hitting negative article by the short interests that will attempt to blindside shareholders. I base this on a very limited window of opportunity. 2 PRs came out last week on a monday and tuesday night. We have had 2 PRs this week on a monday and tuesday night. CMKX has shown a propensity in the past for thursday and friday night press releases. August 20 is rapidly approaching and the news gets better each time. So this leaves wednesday and thursday as the most obvious times to strike. This is just a hunch after years of watching these things. I think they may have just enough ammo for one more guerilla raid.

Keep your eyes peeled. Be vigilant. I hope I am wrong but I think they sense a potential lull for wednesday and thursday. I am guessing they will try to exploit it.

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 rde3 on :

I just purchase another 1 million shares
@ 0.0005

Posted by Back~in on :

More Good News!!!

U.S. Canadian Minerals Inc. Exercises Initial Purchase of CMKM Diamonds Inc.'s Mineral Claims for $3,000,000 USD
Business Wire - July 28, 2004 05:30

LAS VEGAS, Jul 28, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals Inc. (OTCBB: UCAD) announced today that it has exercised its initial purchase under an option with CMKM Diamonds Inc. (Pink Sheets: CMKX). The option, agreed to last week between the two parties, has been exercised for an additional 2% interest in all of CMKX's mineral claims for $3,000,000 USD. Under the agreement reached last week, UCAD has a one-year option agreement to purchase an additional 10% interest in all of the mineral claims held by CMKX for an aggregate total of $15 million USD payable to CMKM Diamonds Inc.

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:

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.

Posted by sarki316 on :

Brad any good brooker would know not to listen to any negative things about CMKX. The people that listen to basher don't know anything about stocks.

CMKX IS FOR REAL!!!!!!!!!!!!!!!

quote:
Originally posted by Brad:
Interesting comment from Zen.

Posted by Jeffrey on :

Hi Everyone,

I've been reading up the last week and after a good advice from a friend of mine I bought 1.6 million shares. It's quite an interesting development. I've been doing some math, there are speculations that there is for about 80 billion $ worth of diamonds in the claimed land. So in worst case scenario suppose that there are 400 billion outstanding shares, that means at a price of 0.0005 it would be worth 250 milion $ !!! That really makes no sence for a starting company that says it needs 10 million for the drilling in the upcoming 2 years or so. So I think it would be resonable that there at most 40 to 100 billion outstanding shares, for a value of 25 million till =/- 65 million. When there is for about 80 billion of assets that at a level of 40 a reasonable price would be 80/40 = 2$ a piece or with more shares 80/100 makes .8$ a piece. So i think there is a lot of potential in the stock, just have to wait till they find the rocks!!

Posted by Brad on :

quote:
Originally posted by Jeffrey:
Hi Everyone,
I've been reading up the last week and after a good advice from a friend of mine I bought 1.6 million shares. It's quite an interesting development. I've been doing some math, there are speculations that there is for about 80 billion $ worth of diamonds in the claimed land. So in worst case scenario suppose that there are 400 billion outstanding shares, that means at a price of 0.0005 it would be worth 250 milion $ !!! That really makes no sence for a starting company that says it needs 10 million for the drilling in the upcoming 2 years or so. So I think it would be resonable that there at most 40 to 100 billion outstanding shares, for a value of 25 million till =/- 65 million. When there is for about 80 billion of assets that at a level of 40 a reasonable price would be 80/40 = 2$ a piece or with more shares 80/100 makes .8$ a piece. So i think there is a lot of potential in the stock, just have to wait till they find the rocks!!

Welcome Jeffrey. As long as you maintain some patience through this you'll see most of us believe as you do that the company is undervalued. Although there are some on this board that think something still stinks but the bottom line you'll have to look at all the information and do what makes you the most comfortable. I'm personally comfortable with the 8 million shares I'm holding and I sleep fine at night with the confidence that the price will continue to rise based on all the facts at hand.

And when you see people bad-mouthing Jeff, don't get a complex, it's not about you. ;-)

Take care and welcome again.

[This message has been edited by Brad (edited July 28, 2004).]

Posted by Wallace#1 on :

Jeffrey,

No offense, but that is not the first time I have heard that "speculations" are worth something.

Up,

Looks like the deal between Nevada Minerals and UCAD is not an arm's length agreement since Nevada is a beneficial owner of 10% or more of UCAD's stock. I wonder who owns Nevada Minerals. Dhonau is Pres., but a Pres. could be appointed by anyone who owns or controls Nevada. Interesting that Nevada Minerals also has an address in Las Vegas, NV -- exactly where all the others have addresses. Has anyone been able to get a listing of the major shareholders of UCAD?
We now know that Nevada Minerals is probably one of them.

Posted by Upside on :

Wallace,
Here's a link to all of their SEC filings.
http://www.sec.gov/cgi-bin/browse-edgar?company=U+S+CANADIAN+MINERALS&CIK=&filenum=&State=&SIC=&owner=include&action=getcompany

Scroll down to the one form 4 and the bunch of form 3 filings for a list of some of the owners.

Posted by Money_Penny on :

Since this thread was about to disappear from the "radar screen" and in the absence of anything to talk about regarding CMKX, how about a little off-topic political humor? - This is really good, check it out!
www.jibjab.com

Posted by WinsumLosesum on :

That's the funniest thing I've seen in a long time!

Good DD.

Thanks for the pick-me-up, MP.

Posted by HarryHar on :

i saw the creators of this jibjab on tv, they're getting pretty famous now...

Posted by Garfield1981 on :

Last trade at 0.0003.

Posted by will on :

Ooops!
That was great. I usually don't look at many of those things, but I really liked that one. Thanks Money P.

quote:
Originally posted by Money_Penny:
Since this thread was about to disappear from the "radar screen" and in the absence of anything to talk about regarding CMKX, how about a little off-topic political humor? - This is really good, check it out!
www.jibjab.com

[This message has been edited by will (edited July 28, 2004).]

Posted by XchangeMODE on :

SPECULATIONS is all there IS

that`s why this is called the stockmarket

and from experience the biggest gains are made from worst case scenarios

cmkx is trading at worst case scenario levels
or actually way below that

i would not listen to people who try to be your friend and then stab you in the back

they get paid for every post they post!

Posted by Money_Penny on :

0.0003 at 16:00:00

Coincidence, you may ask? - I don't think so. This is manipulation at its finest. They're shaking the tree a little harder now, but who's letting go? Not me, not any of us. The only thing coming down are coconuts the size of watermelons (UCAD & CIM), but if that doesn't stop them and they continue, it'll be raining handcuffs and orange jumpsuits!!!

Posted by singlemom on :

You know, I was wondering when someone was going to say something or if it was even noticed. I have asked several questions as well and have received no response. I just thought I wasn't in the "in" crowd.

So I just continue to check in even less now and hope maybe one day someone else will ask the same questions and I might be lucky enough to finally learn from the hopeful but educational responses.

quote:
Originally posted by Str8Shooter:

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! [/B]

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

Posted by JBCak47 on :

Shake all they want, I need shares,heheh... But I ain't selling until AT LEAST .10 That is A DIME You retched MM's

Muwahahahah!

So I am upto 45 dollars saved! I'll have those shares by Tuesday of next week Shake and bake My friends...

-John- (Poor broke soul )

[This message has been edited by JBCak47 (edited July 28, 2004).]

Posted by HarryHar on :

JB

It's funny because I was walking down the street here in LA and saw someone picking up cans and thought instantly of you hahah...and then I thought, what if some homeless guy really did collect a bunch of cans and invested it in cmkx. It could be the story of a lifetime!!

Posted by JBCak47 on :

Harr:

LOLOL HAHAHAH

That is to funny!

It would be a story...
============================================
-John-

Posted by JBCak47 on :

Harr:

LOLOL HAHAHAH

That is to funny!

It would be a story...
============================================
-John-

Posted by XchangeMODE on :

Are the MM`S shaking the tree???
partly yes!
but they are still trading naked shares
it doesn`t stop from one day to another ,until the BIG BANG !!!

the question remains is U.C. retiring shares
or are they covering the naked positions
maybe both!
one answer remains for shure ,
as long as there are naked positions
the price will remain manipulated!

hey
i`m not complaining
it creates a huge opportunity

and as we know this company is fighting back

against naked shorting + cellar boxing

name change ,dividends,tender offers ,are methods fighting back against these illegal practices

and as the past has shown a split is the least effective,so we don`t have to look forward to that

BUT I`M LOOKING FORWARD TO EVERYTHING ELSE

Posted by VNGNTN1 on :

SINGLEMOM
Don't ge discouraged. Post your thoughts & questions. Many of my posts are not answered either. IF you post a good quetion someone will answer & just ignore all the crap. I would respond more to quetions, but try not to get into too many arguments. I know a number of others are doing same thing. There are a lot of shareholders of this stock who are quiet and waiting. Some come out after a PR. If a lot of people discuss legitamate ideas and COMPLETELY ignore the idiots, the board will go back to what it was.
Go ahead and repost your questions !
VAN

[This message has been edited by VNGNTN1 (edited July 28, 2004).]

Posted by bill1352 on :

sometimes after reading zen's comment i get the idea he needs to wipe after typing.i'm very positive about cmkx and after reading uncle mel i'm thinking maybe i'm wrong in my idea the o/s is huge. but zen says the UC is giving up his ucad shares for us..this is wrong according to the pr

Due to Casavant's share contribution to the property acquisition by CMKM occurring prior to the Aug. 20, 2004, date, Casavant will not receive this or any subsequent dividend.

the only reason he will not recieve this dividend according to the pr is no shares. now maybe they stated or worded this wrong but it says this or any subsequent dividend. if the o/s was 400 billion i got to believe UC had more then 10%...if UC is big hearted and says lets cut the insiders out of the dividends and just issue them to the public shareholders say so in a pr...you want to advertize tell me a better way then that...EMS's around the country would be over loaded from CEO's choking on their dinners after reading that....but the way this pr is worded he is not getting the dividend because he doesn't have any shares or am i having a flashback and reading this wrong?

Posted by JBCak47 on :

Single mom, what is your question?

I am sorry, I must have missed the times you asked it when scrawling through...

-John-

Posted by XchangeMODE on :

The theory could still be true that JEFF is our friend and NITE our foe
maybe JEFF brought the price down to 0.0003
in one trade at closing after all the trades went trough at 0.0004

URBAN C. has to retire his shares through somebody so maybe it is jeff

SO don`t panic because JEFF brought the price down
in the END in will be in our best interest!!

Posted by Brad on :

quote:
Originally posted by bill1352:

the way this pr is worded he is not getting the dividend because he doesn't have any shares or am i having a flashback and reading this wrong?

bill,
I'm having trouble following what point you're making. I know it's me so help me a little. I would agree with your last sentence though that the belief is that UC gave up his UCAD dividend as it pertained to his 40 billion shares of CMKX he "donated". I don't think it had anything to do with any other insiders so I wasn't following your logic.

Posted by Brad on :

quote:
Originally posted by singlemom:
You know, I was wondering when someone was going to say something or if it was even noticed. I have asked several questions as well and have received no response. I just thought I wasn't in the "in" crowd.
So I just continue to check in even less now and hope maybe one day someone else will ask the same questions and I might be lucky enough to finally learn from the hopeful but educational responses.

Singlemom,
I, as you do, read more on this board than I post. I really joined it to learn, not to teach. I felt I was certainly the student. However, I've since found that I enjoy participating in the discussions but sometimes don't necessarily get all my questions answered. Honestly, I participate in several boards now so that I can get a broader picture of facts and opinions as they come.

Also, some of my participation includes challenging people when their facts aren't backed up so that people like yourself that don't post very often understand that there may be desenting views and to not take everything you read as gospel. I do believe that there are paid bashers on the site and their job is to make you uncomfortable as a stock holder, sell your shares early, and ultimately drive the price of the stock into the ground. I don't begin to postulate openly on who I think those bashers are but if you don't challenge something you don't believe to be true then someone may take it as the truth.

All that being said, I hope you stick around. Your opinions and views are appreciated and if someone doesn't answer your question the first time perhaps consider posting it again. It's possible that it was overlooked. I've seen money-penny post questions several times when no response is made. You're encouraged to do the same.

Good luck.

[This message has been edited by Brad (edited July 28, 2004).]

Posted by Upside on :

originally posted by Brad:

quote:
bill,
I'm having trouble following what point you're making. I know it's me so help me a little. I would agree with your last sentence though that the belief is that UC gave up his UCAD dividend as it pertained to his 40 billion shares of CMKX he "donated". I don't think it had anything to do with any other insiders so I wasn't following your logic.

I belive the point he's making (and correct me if I'm wrong Bill) is that Urban isn't just cutting himself out of the UCAD dicidend out of the goodness of his heart. The p/r says Urban will not be receiving the UCAD dividend because of his share donation to the Nevada Mineral acquisition. The only reason Urban would not be entitled to the dividend is if he is no longer a shareholder. Is the 40 billion he is using for the Nevada deal all of the shares he has?

Posted by tahoechris on :

July 28, 2004. (FinancialWire) The Depository Trust and Clearing Corp. has been sued again, this time along with Anthony Elgindy, Schwab Capital Markets (NYSE: SCH), Ameritrade Holding Corp. (NASDAQ: AMTD), ETrade Group, Inc. (NYSE: ET), and Bear Stearns (NYSE: BSC), for a total of $49 million.
In other StockGate activities, the NASD has expelled Ryan & Company, LP (RYCO) of West Conshohoken, PA, for failure to cooperate in an ongoing investigation into whether Ryan and the firm engaged in a widespread scheme of impermissible short selling activity on behalf of three hedge fund clients, and Track Data Securities of Brooklyn has been censured and fined $15,000 for accepting customer short sale orders in certain securities and, for each order, ?failing to
make/annotate an affirmative determination that the firm would receive delivery of the security on behalf of the customer or that the firm could borrow the security on behalf of the customer for delivery by settlement date.?
The lawsuit, #04-CV-80403, Capece v. Elgindy, et al, was filed in the Southern District of Florida in West Palm Beach. The plaintiff is Louis R. Capece Jr., represented by Robert Charles Stone. It has been assigned to Judge Kenneth L. Ryskamp and is expected to be heard by a jury.
In addition to those named, defendants include THE ELGINDY SITES, ROBERT HANSEN ELGINDY, BRADLEY ABELOW, MICHAEL C. BODSON, JONATHAN E. BEYMAN, FRANK J. BISIGNANO, STEPHENS P. CASPER, JILL M. CONSIDINE, PAUL F. COSTELLO, DONALD F. DONAHUE, MARY M. FENOGLIO, GEORGE HRABOVSHY, RONALD J. KESSLER, CATHERINE KINNEY, PETER B. MADOFF, EILEEN K. MURRAY,.JAMES P. PALERMO, THOMAS J. PERNA, RONALD PURPORA, DOUGLAS SHULMAN, ROBERT H. SILVER, DENNIS J. DIRKS, THOMPSON M. SWAYNE;
Also, KNIGHT SECURITIES, LP, SCHWAB CAPITAL MARKETS, L.P., LEEDS AND KELLOG, M. H. MYERSON, MORGAN STANLEY, GLOBAL SECURITIES OF CANADA, E-TRADE, FIERO BROTHERS, TD-WATERHOUSE, JEFFERIES & COMPANY , INC., BEAR STEARNS & CO., INC., Holly Robin Skolnick, Eliot Pedrosa, David E. Koropp, FLORIDA DISCOUNT BROKERS, PACIFIC SECURITIES OF CANADA, FLEET TRADING, INSTINET CORP., GRUNTAL & COMPANY, ARCHIPELAGO LLC, ING BARINGS FURMAN SELZ, FIRST BERMUDA, DLJ, DATEK, SHERWOOD SECURITIES, and DREYFUS BROKERAGE SERVICES.

Posted by Money_Penny on :

It is true that some of my questions go unanswered from time to time (maybe because they were really dumb?

). If I can't find the answer here, I go elsewhere to find them. The answers are out there, you just have to find them.

Posted by noahltl on :

Singlemom,
Sometimes we just don't know the answers. If I could remember any question you asked, I wouldn't be surprised if they are the same questions we all have. There are many.

Posted by bill1352 on :

exactly upside...after all this stuff about nakes shares and UC buying up shares this pr says he doesnt get ucad bec ause of no shares...so what happened to him buying up shares? did he just retire them as melvin said? i know that the idea of UC buying up shares came from ppl like Dr D & Zen...ppl like that..i thought in my mind he would be buying up shares myself...it doesn't change my opinion about the final outcome of cmkx but it makes me wonder why UC would give up all of his cmkx shares.

Posted by TradingWizard on :

quote:
Originally posted by Money_Penny:
Since this thread was about to disappear from the "radar screen" and in the absence of anything to talk about regarding CMKX, how about a little off-topic political humor? - This is really good, check it out!
www.jibjab.com

Holy pop ups!!!!

Posted by Brad on :

quote:
Originally posted by bill1352:
exactly upside...after all this stuff about nakes shares and UC buying up shares this pr says he doesnt get ucad bec ause of no shares...so what happened to him buying up shares? did he just retire them as melvin said? i know that the idea of UC buying up shares came from ppl like Dr D & Zen...ppl like that..i thought in my mind he would be buying up shares myself...it doesn't change my opinion about the final outcome of cmkx but it makes me wonder why UC would give up all of his cmkx shares.

I would agree it leaves you wondering why UC would trade all his shares this way (assuming we're reading the PR correctly) but as far as the theories from Dr. D and Zen, that's all they are. As is 90% of the information posted on the board with the footer (IMO) attached to it. We just don't know what we don't know. Hopefully the light will come on when this is all over and we can look back and finally understand what all went on.

Posted by HarryHar on :

from the PR regarding lawsuit:

for accepting customer short sale orders in certain securities and, for each order, ?failing to
make/annotate an affirmative determination that the firm would receive delivery of the security on behalf of the customer or that the firm could borrow the security on behalf of the customer for delivery by settlement date.?

=========
being that Ameritrade was named in this, that makes me wonder. So they will probably be making sure of the settlements now that they are being sued, right? They woudln't let this happen again would they? Good thing this is all happening BEFORE Aug 20 or whenever we should really see the naked short situation resolved.

Posted by Brad on :

quote:
Originally posted by HarryHar:
from the PR regarding lawsuit:
=========
being that Ameritrade was named in this, that makes me wonder. So they will probably be making sure of the settlements now that they are being sued, right? They woudln't let this happen again would they? Good thing this is all happening BEFORE Aug 20 or whenever we should really see the naked short situation resolved.

I want Ameritrade to be as accountable as possible especially since they're my broker. However, I think the key here IMO is that this is Pink Sheet stock and even Ameritrade warns you when purchasing Pinks that there are certain risks not usually assumed when trading normal stocks. Bottom line, everyone should be aware of the risks in trading Pinks and never trade with more money than you're willing to lose. Hey, the stock market is a gamble anyway, certainly even moreso when you're dealing with Pinks. You have to have the stomach to wait it out. If you can't sleep at night worried about your investment, you've invested too much IMHO.

Posted by TradingWizard on :

quote:
If you can't sleep at night worried about your investment, you've invested too much IMHO.

That's me! And never mind the penny stocks only.

Posted by JBCak47 on :

If a dividend is issued and you bought using a CASH account, your shares CAN NOT be naked shorted. Margin accounts CAN BE shorted...

Understand, risks aside, if you OWN a stock, that you bought using your money in your account and you have all the copies and notifications, tax records to prove you own it, and that company issues a dividend that you do not recieve, SOMEONE, not YOU is resposnible for those dividend shares. That is your broker. Penny stock trading aside, they have a legal contract to provide trading 'services'. The dividend falls under these services. If you bought using cash, YOU ARE LEGALLY ENTITLED TO THE DIVIDEND...

There are NO ways around that. You bought using good faith through an established, licensed brooker. By not providing you an entitlement that you are entitled to, fraud is being committed.

No one can turn around and say," well you bought five thousand dollars of CMKX nine months ago but you won't recieve your dividend, while other investors who bought in at the same time or after you, will."

That is a serious infringment upon working ethics and laws. Are they not issuing you shares absed on what? Skin color? Street address? Income? THEY MUST ISSUE THOSE DIVIDEND SHARES TO US... NO WAY AROUND THIS.

Foxnews will gladly report this serious fraud so as to beat out CNN to the punch...

Let our Brookerages handle the pointing of fingers

-John-

Posted by TradingWizard on :

Anybody knows how to be a paid basher, I need more money. Hints...

Posted by noahltl on :

Sorry about the long post, so if you prefer, just scroll past it.

Well everybody, good to be back after a week's absence. That week has given me a chance to do a lot of thinking about this stock without distraction. Let me share a few of those thoughts with you. Notice I said thoughts, not facts. So this is heavily, IMO.

One of my main stumbling blocks all along has been the OS, along with most of you. Why not release it? I'm sure all of the auditing has been done by now and the numbers are known to Urban. We don't know, so we can throw out any number. 400 million, 40 billion, 400 billion, you name it. Whatever it is, why not release it to the shareholders so we can do some evaluations of our investment, and the value of the dividends, etc.? If it were any of the numbers above, of course, the lower the better for us. Would you get out if it were any of those numbers? No, I don't think most mature investors would throw away the opportunity here for pennies. So again, why wouldn't Urban release the numbers if it really won't make much difference to the shareholders decisions to sell or not? This is what I pondered all week.

The only thing I could come up with that makes sense, is that my original idea that there is little or no outstanding shares makes the most sense. Here is why. I believe the last number we had to work with was 500 billion authorized. Now I also had to give Urban credit for being a pretty sharp cookie, and I don't think he would release more than 49% of his AS, and give deBeers an opportunity to take control of his company after securing all the mineral rights from under their noses. So it wouldn't make sense for him to release more than 249 billion shares to the market.

That kind of release would have presented itself to the MM's as an opportunity to naked short the company into bankruptcy and make a "big" score. Or deBeers could have gotten one of the MM's to act as agent for it, pushing the price down and giving them an opportunity to buy up controlling interest, not knowing that Urban never released a controlling amount of shares. But for whatever reason, the price was forced down to .0001, and held there for several months, when many of us were buying them up as well.

Now if Urban had in fact released 249 billion onto the market at, let's say, a low average number of .0005, he would have collected $124,500,000. When they had been driven down to .0001, he could have repurchased them back for $24,900,000. That's nearly a 100 million dollar profit for the company. Why wouldn't he do it? I know I sure would have. And now he has an opportunity to get even with the MM's whom he notices are still selling shares by the billions, to US !!!!!

By this time, he has found diamonds, even if miniscule, and has the promise of much more. So he sees what he has, he sees what the MM's are doing (for whatever reason) and he has already made enought money (100 million) to move on. He contacts E&A and shows them what he has and the proof of what's going on with naked shorting. Roger has their investigative division to check out everything that Urban has claimed, ( a necessity for a company like E & A ). They find everything to be true and agree to take on the case, and begin advising Urban on a plan to take this to the limit, not just for money, but also to stop the naked shorting industry wide.

How do you do this? What is the necessary strategy to make all of this work? You issue a dividend. Why not, if you own all of the true AS? If you've got them all, all you're doing is putting the dividend back in your own pocket. But it forces the MM's to make good on the dividend for all of the naked shares, or buy them all back at whatever price the shareholders want. So, just issue a share dividend from a company you already control. That way the MM's will have to either try to buy those dividend shares from the 'sister' company in order to meet the dividend date, which we are seeing in the climbing value of UCAD; or they have to buy back investor shares that are naked. Now if they take the latter, they have to manipulate the share price down again, which we have been seeing for the last couple of weeks.

Knowing that they might try to get as many shares of UCAD as they could, he immediately throws another bomb in, and issues a dividend in shares that they can't buy (privately held and not public CIM shares), meaning they still have to make good on buying back the naked shares. And I suspect, that if they continue to try and manipulate the PPS for their advantage, Urban will throw out a cash dividend to all shareholders that will break their backs.

Now that is what I see is the Cassavant Maneuver. The MM's, if they have been grossly naked shorting CMKX shares, have committed not just a civil breach, but also a criminal breach for which they can go to Federal Prison. Now that would not be the MM's first choice.

So that brings me back to why not issue the OS? Because if he did, and that amount is zero, the naked short position would be very public and very loud, and Federal Investigators would be moving in very quicly to make arrests, and none of us win, at least immediately. That is the only reason I can see why he isn't making that public. He's trying to give the MM's time to cover their naked shorts and avoid arrest and imprisonment, and leaving them in business to take care of future business that we need them for. And for those investors who are loyal enough to see it though, a chance to make a "million, millionaires."

Well, sorry for the rambling, but like I said, I've been quiet for a week, and I have to catch up. LOL

Posted by noahltl on :

Here's some good info from another board.

Got Bottomline Answer From Our T/A Re: Certs/Divid
« Thread started on: Today at 3:52pm »

--------------------------------------------------------------------------------
Hi All,

I called CMKM’s transfer agent, 1st Global Transfer, LLC. at 702-656-4919, and spoke with Jeff (I hope no relationship to the JEFF). [see Investopedia's definition of a transfer agent at http://www.investopedia.com/terms/t/transferagent.asp

Jeff is THE MAN that physically puts all the numbers on our CMKX stock certificates indicating how many shares we own; we want to be really nice to Jeff…eh? [As a side note, there had been some posts that various brokers said that when ordering certificates the certificates could only hold ‘7’ numbers. I asked Jeff how many shares he could issue on one certificate and he said 999,999,999 share, thus ending the rumor one would have to order more than one certificate if one had more than 9,999,999 shares]. Jeff seems to be a very nice person and appears to pay attention to detail.

The purpose of my call to 1st Global Transfer LLC. (1stGT) was to ask several questions regarding securing certificates. Below are my questions and Jeff’s answers.

Q: Are you the transfer agent (t/a) for CMKM and CMKX stock?

A: Yes, we are.

Q: If I order stock certificates for CMKX from my broker, Ameritrade, what is the path such an order takes from Ameritrade down the line.

A: Ameritrade sends a request to the Depository Trust Corporation (DTC); the DTC sends in an order for CMKX certificates to us, 1stGT.; then 1stGT cuts the certificates, records the name of the shareholder in the CMKM corporate ledger under persons name owning the stock; we then return the certificates to the DTC; then DTC returns the certificates to Ameritrade and Ameritrade sends the certificates to the shareholder.

Q: Who writes in all those little numbers on each CMKX stock certificate?

A: I do. It is NOT and automated process. I enter the numbers. I can enter in nine numbers, i.e., issue 999,999,999 shares of stock on one certificate.

Q: How long is your turn-around time from when you receive a request from the DTC and when the requested certificates are returned to the DTC?

A: Between twenty-four and forty-eight hours.

Q: How do you do it so fast?

A: Yes, we have the fastest turn-around time of any transfer agent that I know.

Q: As you might know, CMKM has declared a dividend to be issued to all of CMKMs’ shareholders with an Ex-dividend date of August 20, 2004. So my question is this: If I have not received my certificates by the Ex-dividend date because they are in “transit/process”, will I still receive the dividend when paid?

A: Yes! As long as Ameritrade has you as the HOLDER of the shares, i.e., a record that you purchased the stock prior to the Ex-dividend date, less three days prior to Ex-dividend date, you will receive your dividend.

Q: Okay, let me get this really clear. If I DO NOT have physical possession of my CMKX certificates three days prior to CMKM’s Ex-dividend date of Aug 20, 2004, because they are in limbo, you are telling me that I WILL still receive my dividend from CMKM for my CMKX stock via Ameritrade because Ameritrade has me recorded in their records at the HOLDER of CMKX, I will receive the dividend? Is that correct?

A: Yes! As long as Ameritrade has you on record as the HOLDER of the CMKX shares three days prior to Ex-dividend date, you will receive your dividends.

Q: How long is an average turn-around time for receiving one’s certificates in the entire loop, from broker request to DTC and DTC request to 1st GT and back to me?

A: Well it varies from four, five, six, seven days to many weeks. I have found that E-Trade is rather fast. In fact, I use E-trade for my own stock trades and have used them for years. I even have recommended E-trade to people because of E-trades efficiency in the certificate process.

Q: Are others asking for certificates?

A: Oh yes, I am quite busy.

Q: Jeff, one last question. You wouldn’t happen to know how many CMKX shares are outstanding, do you (the big o/s question)

A: [PAUSE…and then says very seriously] That is confidential information I cannot give out.

And I said, Jeff, just joking, just joking.

I said goodbye and that was it.

I hope this answers some important questions for everyone.

Ciao for now,

CDLIC

Posted by Brad on :

quote:
Originally posted by noahltl:
Sorry about the long post, so if you prefer, just scroll past it.

Good theory Noah. Nice to have you back.

Posted by cool1sh on :

New UCAD PR
http://biz.yahoo.com/bw/040728/286020_1.html

U.S. Canadian Minerals Inc. Purchases Juina Mining Corp.'s Interest in Yellow River Mining S.A.
Wednesday July 28, 7:05 pm ET

LAS VEGAS--(BUSINESS WIRE)--July 28, 2004--U.S. Canadian Minerals Inc. (OTCBB: UCAD - News) announced today that it has purchased all of the interest in Yellow River Mining S.A. held by Juina Mining Corp. (Pink Sheets: GEMM - News), which is majority owned by UCAD. UCAD exchanged 50,000 shares of its common stock for 80% of Yellow River Mining S.A. as part of the initial steps to reorganize its corporate structure.
Rendal Williams, CEO of UCAD, stated, "This is only the first step in our efforts to have revenue produced in UCAD and to maximize the value of the assets we have already purchased."

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

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

Posted by noahltl on :

Worried about the MM's not covering? Here's a good opinion from another board. He seems to be pretty "street wise" about the politics of this situation.

Pheenix11
Who is behind this fear of not covering
« Thread started on: Today at 4:05pm »

--------------------------------------------------------------------------------
Do you know who is behind this fear of the MM's not covering & the anxiety over whether to order certs or not?

The MM's are.

They figure if they can't scare you into selling with doubt about the company then they will try creating doubt over whether they will cover to get you to sell.

Don't be a sucker. They will pay up.

You can all call Ameritrade 1000 times and like any other corporation in America, you will get 1000 different answers. They are all irrelevant.

If the MM's do not pay up, then Ameritrade, E Trade, Scott trade and all the rest of them will cease to exist. They cannot afford the coverage that will result when other investors, local consumer reporters, investigative reporters, 60 minutes, Dateline, major newspapers & news channels find out about this robbery.

The whole system & market as we know it would collapse & the economy would go into a recession as people ran to their brokers to pull their money out of their accounts.

Do you really think they will let this happen? Just like they bailed out the S&L's, they would bail out the MM's. Or quite possibly the billionaires who actually run the market behind the scenes will pick one MM to take the fall for the rest of them. Sacrifice 1 for the good of them all.

Too many people make way too much money to let something like this take them all down.

So relax, all this anxiety is merely created by the MM's as a last ditch effort to shake you.

Don't let them do it.

Posted by singlemom on :

Thanks Van and company, I reposted one of my questions below. I did notice there were still some people on recent pages talking about setting their selling point at $1 but I still wondered if that was like tipping your hand.

P.S. Van I really liked your story about buying the wedding ring first and then finding the woman that fits it just right. That was romantic and even more so that you have been married for almost 40 years.......man I just don't meet men like that, I'll just keep dreaming like I do about this stock!

posted July 19, 2004 13:44
--------------------------------------------------------------------------------
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).

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

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

quote:
Originally posted by VNGNTN1:
SINGLEMOM
Don't ge discouraged. Post your thoughts & questions. Many of my posts are not answered either. IF you post a good quetion someone will answer & just ignore all the crap. I would respond more to quetions, but try not to get into too many arguments. I know a number of others are doing same thing. There are a lot of shareholders of this stock who are quiet and waiting. Some come out after a PR. If a lot of people discuss legitamate ideas and COMPLETELY ignore the idiots, the board will go back to what it was.
Go ahead and repost your questions !
VAN
[This message has been edited by VNGNTN1 (edited July 28, 2004).]
[This message has been edited by VNGNTN1 (edited July 28, 2004).]

Posted by noahltl on :

NEW UCAD PR Note that they are planning some "corporate structure reorganization"

U.S. Canadian Minerals Inc. Purchases Juina Mining Corp.'s Interest in Yellow River Mining S.A.
Wednesday July 28, 7:05 pm ET

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

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

Posted by noahltl on :

Another thought on the
GTC pricing. Some time back, someone posted that if for some reason,(though he has said he wouldn't) if there was a reverse split, and your number of shares were reduced but the price upped to $1.00, you would have sold them all at effectively that day's pps.

[This message has been edited by noahltl (edited July 28, 2004).]

Posted by bill1352 on :

didn't ucad's last sec report say they had less then $500?... i know these last few deals except the 10% of cmkx were stock trade deals but operating expence isn't cheap. they sure ran into a lot of money in a short time.

Posted by noahltl on :

Bill, I think they ran into a lot of money in the past week as their stock pps has about doubled.

Posted by noahltl on :

The CMKX unofficial board is being bombarded by "bashers" today. I am troubled that we rarely ever see true professionals. Are we just a second rate board? LOL All we ever get are amateurs. Well, with only two weeks left until the 'moment of truth' I expect we will see activity pick up with people trying to "save" us from our ignorant selves, and shake loose a few more shares for the MM's to cover with.

[This message has been edited by noahltl (edited July 28, 2004).]

Posted by Upside on :

originally posted by noahltl:

quote:
Bill, I think they ran into a lot of money in the past week as their stock pps has about doubled.

But how does the company see benefit from that unless they're dumping shares?

Posted by noahltl on :

Up, I think I remember that they had 100 million AS on the record, and the shares used in paying bills was something around 20 - 30 million shares. That would leave them potentially 70-80 million shares, less what they gave us, to sell now at around 6.50 - 7.00 per share. If they sold a couple million shares this week, I wouldn't blame them at this price.

Posted by Wallace#1 on :

Just so you folks know, that Aug 20th date for a dividend is the Record Date, not the Ex-Dividend date as was stated. Unless specified by the company or determined by NASD, the ex-dividend date is normally 3 bus days prior to the Record date. Remember, also, that no payment date was given (just "later" - which could be the 12th of never).

Up,

Checked out that site re UCAD, and found it most interesting. I seem to remember (and I did not recheck it in those SEC filings) that someone said UCAD had around 7 plus million shs outstanding. I noticed that in one of those filings, it stated Rendal Williams owned, 10,910,904 shs and a Michael Kaufman (former Pres.) owned 1,100,000.

Interesting note - UCAD was formerly Barrington Foods and prior to that was known as E-Bait Inc. Wonder what that was?

Here are a few answers.

IB2000 Inc, 9087 Fawn Grove Dr., Las Vegas, NV, owns 5,000,000 shs of UCAD along with Nevada Minerals of that same address and phone number. That might be a controlling interest if the numbers of 7 mil shs I/O are correct. If the 10,910,904 shs listed above is correct, either Williams owns IB2000 and Nevada Minerals or I/O is incorrect somewhere.

There is also a Convertible Pfd A with a conversion factor of 100 Common for 1 Pfd. I didn't pay much attention to that but it could have a bearing on who controls UCAD.
I did note that there were 1 mil Pfd shs authorized and if all are I/O, that's another 100 mil commons shs that could become outstanding.

IB2000 and Nevada Minerals combined own 10% or more of UCAD.

Rendal Williams, Pres/CEO and a Director owns 10% or more of UCAD.

A Thomas Moses Mercer of Miamitown is a beneficial owner and a Director. I didn't note it but think owns 10% or more.

A John S Woodward, Las Vegas, NV is a beneficial owner of 10% or more.

Magic Crystals Inc owns 10% or more and has the same phone number as Woodward above.
------------------------------------------
It appears that Michael Allen Kaufman,Esq. owned a Co named M Power Inc which previously controlled E-Bait which became Barrington Foods. At one point in time Williams was listed as CEO and Kaufman was Pres. Kaufman resigned and Williams became Pres/CEO.
--------------------------------------------
It appears that both IB2000 and Nevada Minerals are probably owned/controlled by the same person(s) -- and I am GUESSING Rendal Williams, but could be wrong.

I do have ph numbers and might try them on Fri.
--------------------------------------------
Since all this thread ever gets is amateurs and bashers, I am not about to try further and, you sir, must also be an amateur since you have been trading most of your adult life. LOL

Posted by JBCak47 on :

"Since all this thread ever gets is amateurs and bashers, I am not about to try further and, you sir, must also be an amateur since you have been trading most of your adult life. LOL"

I forgot you are the self appointed king of S H I T?!?!?

You keep refering to other investors as amatures and 'newbies' or bashers... I forgot you are the Wall Steet genius of capatalism...

You are too much fun

( about as fun as 265 pound stripper named Cookie)
=============================================
Pharm... I crashed from 7-9 pm and now I am all dazed, in that twilight zone feeling of being sleepy headed...lol...

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

-John-

[This message has been edited by JBCak47 (edited July 28, 2004).]

Posted by Brad on :

quote:
Originally posted by Wallace#1:
Just so you folks know, that Aug 20th date for a dividend is the Record Date, not the Ex-Dividend date as was stated. Unless specified by the company or determined by NASD, the ex-dividend date is normally 3 bus days prior to the Record date. Remember, also, that no payment date was given (just "later" - which could be the 12th of never).

Agreed.

Posted by Wallace#1 on :

singlemom,

Now there's one you should totally ignore. There are others. All part of the sewer crew.

Posted by Money_Penny on :

"Remember, also, that no payment date was given (just "later" - which could be the 12th of never)."

Always that derogatory hint at the end of a seemingly normal paragraph. Makes me wonder.

Posted by Wallace#1 on :

singlemom,

And another.

Posted by JBCak47 on :

Ignore me?

Why?

I have been around since december you Wit-nit!

I've done well with Qbid... I did some pretty good Detecive work and managed to show everyone on this board what the Q-Television Network Chocalate coins looked like five days before people saw them at the New Orleans Convention all because I managed to take a trip to the GotChocolates.com store owner... I posed pics of what they looked like... Many people appreciated that gesture since many investors wanted to know what the QTV coins looked like... That was around May1st Wallace...

Secondly, I started the thread about the New Iraqi Dinar... that thread has caused much interest among other people on this board. Buying currency that trades for .00067 for every dinar. That isn't a good stock/Investment Tip? I think it is and so do the people who bought Dinars after reading the thread I started to Inform other investors...

Wallace, why don't you offer some suggestions for BETTER investments...

I've given people other options when they ask for tips to invest. I have NEVER seen you give any other stock tickers out, just here every day trying to disprove CMKX as best as you can.

You may call me what you like but in the end I have provided people with alternative sources of investment avenues. Have you? Or have you just bashed CMKX too much today to try? I mean you have given good DD, but you sit here and take shots at me, Money, Noah, Pharm, Brad, ect and try to magnify our trading experince when you yourself are afraid to take a chance in a penny stock... some investor you cliam to be... Yet you'll post 25 times a day to our CMKX thread... just by the stock already

-John-

P.S.

Honestly go back and examine Wallace's posts... No useful information regarding BETTER possible choices for CMKX, just him TRYING to discredit it. I am not Wallace and I am not going to take people's intelligence for granted... Everyday that passes Wallace looks more and more like The Real Slim Shady...

-John-

Posted by Money_Penny on :

Remember this one, Wallace?

posted by Wallace#1 on June 26, 2004 20:20
--------------------------------------------------------------------------------
Osubucks,
If it looks like a SCAM;
If it talks like a SCAM;
If it acts like a SCAM,
Then, IT IS A SCAM!

QUACK! QUACK! LOL

It has been holding a long time at .0005, which cannot be sustained. Monday - .0004. That is where it is likely to go and close...it has already been seriously chomping at that figure. Obviously, someone must be looking at the entire picture.

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

Go on, let your true colors shine through!!!

Posted by JBCak47 on :

Excellent huntin' Money P

Hahahah It's the bahser Sniper
Money P!

-John-

Posted by Money_Penny on :

Here's some investment advice Wallace gave a board newbie today:

posted July 28, 2004 15:46
--------------------------------------------------------------------------------
krose,
You might try to follow some of the recommendations (not just the PRs) of people like Glassman and Dardadog, among others.
I don't post tips because of bad experiences on the CMKX thread. By the way, would not recommend CMKX...too much confusion and too many unknowns surrounding it.
-------------------------------------

Funny, hundreds, if not thousands of penny stocks out there, but he SLAMS CMKX...go figure!

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

Posted by JBCak47 on :

Wallace wrote:

"I don't post tips because of bad experiences on the CMKX thread. By the way, would not recommend CMKX...too much confusion and too many unknowns surrounding it."

Funny You say you wont RECOMMEND Stock tips yet you seem to work into the last few sentences that you do NOT recommend CMKX, but again you fail to give ANY other stocks...hmmmmmm.... yet you made a RECOMMENDATION NOT to buy CMKX...LOL... FRAUD!

Good work Money P. Sooner or later this fraud will go crawl into the septic system from where he came! Go back to Paris, Wallace...

Posted by Money_Penny on :

Who owns who and what? Here's a flow chart from another board:
http://img.photobucket.com/albums/v260/thefamilyguy/FlowChartforCMKX.gif

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

Posted by VNGNTN1 on :

MP
Just about to start that very chart. Saved me a lot of work.
SM
I buy out of a cash account
VAN

Posted by Upside on :

Why is there such an anti-Wallace crusade going on here? I know he can be abrasive at times but come on, he does bring a lot of knowledge to this thread and others. You guys have claimed he only posts here but click on his profile and do a search of his posts. He's all over allstocks including the off topic section and he's offered up quite a bit of advice on the general investing board. To say he's a paid basher is ridiculous. I'd like to offer up a suggestion. If you guys need to argue back and forth (and it does seem to go both ways) why don't you start a thread in the off topic board and take it there and fight to your hearts content? It's really not needed here.

Posted by noahltl on :

quote:
Originally posted by JBCak47:
"Since all this thread ever gets is amateurs and bashers, I am not about to try further and, you sir, must also be an amateur since you have been trading most of your adult life. LOL"
I forgot you are the self appointed king of S H I T?!?!?
You keep refering to other investors as amatures and 'newbies' or bashers... I forgot you are the Wall Steet genius of capatalism...
You are too much fun
( about as fun as 265 pound stripper named Cookie)
=============================================
Pharm... I crashed from 7-9 pm and now I am all dazed, in that twilight zone feeling of being sleepy headed...lol...
=============================================
-John-
[This message has been edited by JBCak47 (edited July 28, 2004).]

John

I posted the comments about bashers, that was the subject. I was referring to all we get is "amateur" bashers, not amateur posters. I am an amateur investor, never pretended to be anything else.

Posted by Bam Bam 17 on :

CMKXtreme Seattle Race Pictures Up Date.

http://www.tcdjs.com/cmkx.htm

May God Bless All.

Posted by rivercity on :

wallace, i for one believe you are here just to beat up this stock, but you could be here because you're paid to be here. each time you post it's to knock cmkx down,argue with other posters,and generally try to convince others that you are the man to listen to,and when they won't or they disagree you try make them feel inferior.i have read many of your posts,and the message i keep getting is you don't want anyone to enjoy investing their money in this stock. why in the world would anyone base their investment knowledge on someone like you,constantly knocking people down on this thread will not get you any respect. you get your respect by being unbiased and emoting the truth. i could be wrong,but i don't think so right now..... rivercity

Posted by Wallace#1 on :

Speaking of amateurs, someone previously posted, "If a dividend is issued and you bought using a CASH account, your shares CAN NOT be naked shorted."

WRONG!!!!!

Whether you buy for cash or buy on margin, those shares purchased just might have been naked shorted. The amateur who posted that should have said "shares in a cash account cannot be used to cover short sales of stock.

rivercity,

I would suggest again, you find out just who is knocking who. Further, I am not interested in what you think. I have seen you jump on their bandwagon before.

Further, if you look back, no usernames were mentioned -- just that certain persons "put the shoe on".

[This message has been edited by Wallace#1 (edited July 28, 2004).]

Posted by noahltl on :

You know, with all this paid basher talk, it occured to me that if the MM's are illegally shorting CMKX and there is a federal investigation in the future for criminal activity, it's possible that paid professional bashers who have received paychecks from these guys, could be prosecuted as well for conspiring with the MM's. Just a thought.

Posted by Grasshopper on :

Putting the dividend in perspective...

Based on the today's closing PPS of UCAD ($6.00) and CMKX (.0003), the dividends from the transaction with UCAD would provide any new investors with an automatic 30% return on their investment come Aug 20th. And that is based on the worst case scenario of 500 billion O/S!

7.5 mil shares UCAD / 500 bil CMKX = .000015 = 15 shares UCAD per 1 mil of CMKX
15 shares UCAD * $6 PPS = $90
1 mil shares CMKX = $300
$90 / $300 = 30% return
or buying at .0004 PPS still = 22.5% return

Where can a person go wrong with that!?!

Posted by Wallace#1 on :

Wonder what they do to "paid pumpers".

Bye

Posted by StonedPigeon on :

magic crystals and E-bait why didn't I think
of that?

Posted by JBCak47 on :

The people at Scottrade and at ChoiceTrade told me that my shares were bought in cash, in a cash account and that they are not naked shorted shares, they told me this twice and that they can not be shorted due to my account not being marginable.

Again Wallace, call me an amature. You are proving yourself more and more with every post. You are now attacking people who have less 'experince'(whatever that means and however you determine that through the Internet is beyond me) than you. You are taking on some sort of self promoted 'God-like' personality.

For all we know you can be some fat over weight slob (I'd bet 10k CMKX shares you are)... You have pointed out the 'inexperince' of some individuals on this board, why? So new investors should trust you? Why is this so? What makes you so much more credible, seeing how you have yet to make a stock recommendation, other than not buying CMKX

Lol, again, sell yourself like a French whore, I am sure it runs in your blood. Back to Paris with you!

-John-

Posted by noahltl on :

CMKX "pumpers" get paid by the share, like when it hits .50 Come to think of it, we'll get paid by the MM's as well. They just didn't know they were going to have to pay us. LOL

Posted by JBCak47 on :

If I am 'paid pumper' Wallace I wouldn't be gathering change in my car to buy CMKX now owuld I

muwahahahah

watch out for Daddy Wallace bucks hahaha

Daddy Wallace Bucks = Old Fat Redneck hick from the Ozarks of Arkansas... Three teeth, two on bottom one on top. The top is is Pop/Beer can 'popper'! He can rest his can between his man-boobies ! Whoa!!! Wallace's Man-Boobies 0i0 (The i is the beer can )

Lol... Wallace they say it takes millions of years for Diamonds to form under the intense pressure and heat of the Earth however I bet if we put a lump of coal next to one of your Hemoroids, your fat coolo would turn that into a Pink Diamond in no time... No need to mine anything in Canada! They'll pay you double what you are getting now for each bashing post for each diamond produced, does this sound good?

-John-

[This message has been edited by JBCak47 (edited July 28, 2004).]

Posted by Upside on :

Grasshopper,
The only thing that could be wrong with your scenario is that no one knows when the UCAD dividend will be paid. The August 20th date is the shareholder of record date only. The p/r from the company only says that they will be distributed "later".

Posted by noahltl on :

Here's a good one, couldn't happen to a nicer bunch of people. Note: Scwab, Jeff, Nite, all involved.

July 28, 2004. (FinancialWire) The Depository Trust and Clearing Corp. has been sued again, this time along with Anthony Elgindy, Schwab Capital Markets (NYSE: SCH), Ameritrade Holding Corp. (NASDAQ: AMTD), ETrade Group, Inc. (NYSE: ET), and Bear Stearns (NYSE: BSC), for a total of $49 million.
In other StockGate activities, the NASD has expelled Ryan & Company, LP (RYCO) of West Conshohoken, PA, for failure to cooperate in an ongoing investigation into whether Ryan and the firm engaged in a widespread scheme of impermissible short selling activity on behalf of three hedge fund clients, and Track Data Securities of Brooklyn has been censured and fined $15,000 for accepting customer short sale orders in certain securities and, for each order, ?failing to
make/annotate an affirmative determination that the firm would receive delivery of the security on behalf of the customer or that the firm could borrow the security on behalf of the customer for delivery by settlement date.?
The lawsuit, #04-CV-80403, Capece v. Elgindy, et al, was filed in the Southern District of Florida in West Palm Beach. The plaintiff is Louis R. Capece Jr., represented by Robert Charles Stone. It has been assigned to Judge Kenneth L. Ryskamp and is expected to be heard by a jury.
In addition to those named, defendants include THE ELGINDY SITES, ROBERT HANSEN ELGINDY, BRADLEY ABELOW, MICHAEL C. BODSON, JONATHAN E. BEYMAN, FRANK J. BISIGNANO, STEPHENS P. CASPER, JILL M. CONSIDINE, PAUL F. COSTELLO, DONALD F. DONAHUE, MARY M. FENOGLIO, GEORGE HRABOVSHY, RONALD J. KESSLER, CATHERINE KINNEY, PETER B. MADOFF, EILEEN K. MURRAY,.JAMES P. PALERMO, THOMAS J. PERNA, RONALD PURPORA, DOUGLAS SHULMAN, ROBERT H. SILVER, DENNIS J. DIRKS, THOMPSON M. SWAYNE;
Also, KNIGHT SECURITIES, LP, SCHWAB CAPITAL MARKETS, L.P., LEEDS AND KELLOG, M. H. MYERSON, MORGAN STANLEY, GLOBAL SECURITIES OF CANADA, E-TRADE, FIERO BROTHERS, TD-WATERHOUSE, JEFFERIES & COMPANY , INC., BEAR STEARNS & CO., INC., Holly Robin Skolnick, Eliot Pedrosa, David E. Koropp, FLORIDA DISCOUNT BROKERS, PACIFIC SECURITIES OF CANADA, FLEET TRADING, INSTINET CORP., GRUNTAL & COMPANY, ARCHIPELAGO LLC, ING BARINGS FURMAN SELZ, FIRST BERMUDA, DLJ, DATEK, SHERWOOD SECURITIES, and DREYFUS BROKERAGE SERVICES

Posted by WWJD-thru-me on :

Hi Everyone -Wow, lots to read.

Moneypenny -I was just going to post that same link. I think it missed one company but it's a good start.

Noah -Great to see you back. I like your posts.

SingleMom and Str8shooter -lots of posts go unanswered. Sometimes it's that we don't know the answer. Other times it's just busy and then forget to get back to it. Also some people tend to like to talk back and forth. Just keep hopping in and post the same question later on if half a day goes by without an answer.

Wallace, You are right that Naked shorted shares can show up in a cash account. The naked shorting is done at the time the MM is selling the shares to us (I know you know that -this is for others' benefit). It is an electronic copy and not matched to available shares.

JBCak -I think it was you who mentioned the cash account and naked shorting. Regular shorting -the borrowing of stocks selling for greater than $5 a share cannot be borrowed by your brokerage firm using shares in your cash account. If you use margin they can and do borrow those to short. I am not a big fan of regular shorting but can see it's usefulness. I hate to see people having a vested interest in a stock tanking. I loathe Naked shorting and it has ruined this market IMO.

Everyone -I read an interesting rumor on the unofficial CMKX board that tomorrow AM on the pink sheets will be some updated info on CMKX. It could be the share count. I thought that was what was being alluded to.

Lots of craziness going on with this stock. The share count could help dispel some of that. I am kind of glad the price has been flat. I have been able to purchase a lot of shares. If it moves I may be able to try for some free ones. That would be refreshing. If it goes lower I plan on getting tons more. This is my favorite stock. It has so much going for it. Not just the minerals and spin off dividends but the drama and entertainment value is better than most stocks. I can't think of another that is this entertaining.

Good night and catch you in the AM-Lord willing. IMO-DD-GLTA-Debi

Posted by JBCak47 on :

Now here is the real kicker...

What if cmkx soars WAY before the dividend date, like lets just say that we have to hold cmkx for lets say at leats six months after until Feb 2005 to get any dividend, however what if by then its upto .1 or .15? I know I will sell out some of my shares at that range... Hmmmm.... Now they don't have to issue me as many shares and the people who buy my shares don't get ANY dividends either. More dividends overall for everyone else who holds...

Now mutiply this by hundreds of thousands of investors... If we like theories and conjectures how about this: UC causes such a squeeze that the prices climb to .15 or .2, new buyers come in and support that level, however a good 50% of us sold at least 1/3 of our shares so we lose on the total number of dividends paid. If that is the case CMKX longs who did not sell would COMPLETELY benefit?!? Hmmmm... I do see some holes in my idea, but it's midnight,lol...

-John-

Posted by JBCak47 on :

Wow, rumor of share count?!?!?

Whawwwwwwww! I am SITTING on my 50 dollars (I added more) I am sweating guys...Mixed emotions! Ahhhhhh happy but sad if I have to buy at higher prices, but happy for people when they make money!??! Lol!!!

Thanks WWJD for this update, however you are not helping this Stockhead lol... I will be up all night now! Errrrrr!!!hehehe...

I'll buy all the way upto like .0015 or so... After that I am not throwing the type of money that makes a huge dent. Other .000x stocks out there

I'd be cool to see this hit soon and then Load up on like 20 million USCI shares,lol... Which wouldn't be too hard but if CMKX hits like I think it will, QBID too, the pinks are going to have a lot of money flowing into them in about six months to one years time... Lets hope

-John-

Posted by noahltl on :

Looks like that Green Baron interview of Urban is being delayed by our attorneys. This from Zen on another board.

THIS IS SIGNIFICANT

From the Green Baron Report
http://investorshub.com/boards/read_msg.asp?message_id=3666695

"Last week The Green Baron Report forwarded a list of about 15 questions to be asked for an upcoming Green Baron webcast interview with CEO Urban Casavant. Although Urban expressed strong interest in conducting the webcast now, attorneys on his behalf have asked him to delay the interview until after the company becomes fully reporting. We will alert our members when we secure a firm date for the interview and its release."

Hmmm. Straightforward press releases. An attorney refusing interviews for the company. Melvin no longer even commenting on any issues of significance. Not behaving like the standard pink sheet/otc any more is she? Which is no coincidence since other pinks/otc never (as least as far as I've seen) hire lawyers from top law firms. I can't remember who it was that said it but somebody on here astutely pointed out that promoters are the ones that are barking loudly about their claims while those that actually have hit paydirt are the ones that are quiet. The gag order in effect here speaks volumes. Refusing interviews speaks volumes. (By the way, thank god they are refusing interviews - it has taken cmkx awhile to get Melvin and Urban fully in the "mouths zipped" mode and I expect it will take awhile to coach Urban on how to respond to the media and analysts).

I am pleased as punch that the Green Baron has said this. This confirms a lot for me. Nothing against the Green Baron but I stated before that I don't think we need some penny stock promoter interviewing Urban. I said if this stock has real value, we just don't need to be on that level any more. It is nice that those thoughts are being validated. 99% of other pinks/otcs jump at those opportunities.

IMO we are about to rock.

Posted by darrenbaker on :

And now for some GOOD news.
I just returned from overseas and found
the Pay Pal account I started for WWW.helpmelvinswife.net
has $1741.44 in it as of this posting!!
I will be contacting Melvin Thursday to make arrangments to transfer the funds to him to help with his medical expences for his wife.
Thank you to all who gave and a special thank you to Money_Penny for the idea.

GOD BLESS,

Darren Baker

[This message has been edited by darrenbaker (edited July 29, 2004).]

Posted by VNGNTN1 on :

WALLACE
I think you are misleading people on the cash account situation! You are only half right(that being those shares may be shorted), but with a cash account your broker has entered into an agreement where you put up cash & and they put up certificates in three days. This would be like buying a car for $25m and going back 3 days to pick it up and them telling you there is no car.
A margin account is much different in that you are using the brokers more to extend your position beyond YOUR means, this could result in them cancelling out your credit on that trade because they have no certificates(an additional risk of trading)
= = = = =
For those of you who found the chart below handy to keep track of CMKX and intend to keep it updated as PR's come in. I think some correction is necessary:
1-The 40bn label to CIM should be "= CMKX A/S(because it was a forward 1:1 spinoff)
2-The arrow should be changed on UCAD to YRM
3-An arrow should be added pointing from YRM to GEMM
4-The arrow & 80% label from UCAD to GEMM should be removed.
MO

quote:
Originally posted by Money_Penny:
Who owns who and what? Here's a flow chart from another board:
http://img.photobucket.com/albums/v260/thefamilyguy/FlowChartforCMKX.gif
[This message has been edited by Money_Penny (edited July 28, 2004).]

= = = = = =
JB
The dividend is declared three days before 8/20(ex-dividend date)and regardless of when they decide to pay they will owe it to you.
NOAH
Better than a PR
DARREN
Paul has some funds also
VAN

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

Posted by darrenbaker on :

VAN, Yes he told me, Thank you.

Posted by Money_Penny on :

Darren: Excellent!

Posted by Money_Penny on :

Van,

The chart has been updated. I haven't looked if the corrections you suggested were made. I suspect not since it's coming from another board.
http://img.photobucket.com/albums/v400/dragonheartt/flowchart.gif

Posted by Wallace#1 on :

VAN

I have not misled people even a tiny bit.
Those shares in a cash account either may or may not be the result of someone having purchased shares that were naked short sold.
The broker does not get certificates for a shareholder, but only gets an electronic entry that the shares were purchased for a buyer's account. At that point, the broker records those shares as being in the buyer's name, but only on the broker's records. They are not physical certificates. Even the broker would not know if the MM had naked short traded those shares the buyer purchased. If the buyer demands his/her physical shares and gets them, then and only then, can the buyer be assured they are valid shares.

A lot of you people on this thread seem to be very confused about such things as naked shorted shares, authorized, issued, outstanding, float, record dates, ex-dividend dates, payment dates and other important securities trading matters. The problem is, many make statements that are 100% incorrect and few on this thread know enough to try to make corrections and then the wrong information is perpetuated. That is what misleads others and is a disservice to any novice who is trying to learn.

UP,

Almost everyone on this thread has been abrasive at times, including yourself.

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

Posted by Brad on :

Anyone notice something new here? Like an address change.
http://pinksheets.com/quote/company_profile.jsp?symbol=CMKX

Posted by Upside on :

originally posted by Wallace#1:

quote:
UP,
Almost everyone on this thread has been abrasive at times, including yourself.

Yep.

Posted by tahoechris on :

dunno if this has been posted, havent seen it, new map http://members.cox.net/igneouschris/CMKXMap2.jpg

Posted by Justhis1ce on :

Good morning all. I have a question regarding the sale of CMKX shares. Does anyone have an opinion as to when he or she thinks there is a price at which shares will be unsellabe after the mines start producing and, is this a stupid question?

Posted by Brad on :

quote:
Originally posted by Justhis1ce:
Good morning all. I have a question regarding the sale of CMKX shares. Does anyone have an opinion as to when he or she thinks there is a price at which shares will be unsellabe after the mines start producing and, is this a stupid question?

I'm not sure I'm following you. Why would they become "unsellable"?

Posted by kjs69 on :

quote:
Originally posted by Justhis1ce:
Good morning all. I have a question regarding the sale of CMKX shares. Does anyone have an opinion as to when he or she thinks there is a price at which shares will be unsellabe after the mines start producing and, is this a stupid question?

If CMKX starts a mine and starts producing, it would be very attractive to investors and the stock would be able to be sold with no problem.

------------------
kjs69

Are you addicted when Allstocks.com is your homepage?

Posted by JBCak47 on :

VNGNTN

Thanks for the info
=============================================

Hahahah Pharm, Money P! Good news!

I saved up the 50 dollars and I found a whopping 350 in one of my bank accounts... Now I can't blow ALL the 400 however I have a strong feeling that 200 will be sent over today!!! Hahahaha and I get paid next friday again! So there is another Two hundred! I am soooooo estatic!

I am PRAYING that cmkx stays at .0004 or even .0003 (If I am a realllllyyyyy good boy!)

I'll take 500k shares On Monday or Tuesday! That works for me!

Muwahahahahhaah!!!

Good afternoon Pharm, Money P, Noah, BigTip, VgNgTn, booty quest!

How's cmkx looking today? I am at work and haven't even checked it!lol...

I am sooooooo happy, more shares for the Stockhead!

-John-

Posted by JBCak47 on :

Pay off my visa bill or buy CMKX?!?!Lol... what do you guys think I am going to do!hehehe...

-John-

Posted by foolio on :

Sorry if this question is a repost.

Which brokerages have issued stock certificates? I am having trouble with Ameritrade (margin account).

Also, has anyone received certificates from retirement accounts? Are there ramifications in regards to early withdrawal penalties and subjecting future gains to capital gains tax once certificates are issued?

Posted by WWJD-thru-me on :

Hello Everyone, I saw the update on Pinksheets. Not exactly what I was hoping for.
---------------------------------------------
Wallace -I do agree that the explanation of Naked short shares in a cash account that you are describing is correct.
---------------------------------------------
I don't care what kind of shares they sell me. Give me more of those naked short shares. They can buy them back later and put some clothes on them. If they are selling them, I am buying them. I don't think I would be able to buy this many shares of this stock if it weren't for their help. And I wouldn't be buying these Naked Short shares if I didn't think there was a plan to force a cover.

Buying a stock with tons of Naked short shares would be foolhardy unless the company had the means and the desire to force a cover. The means in CMKX's case are the goods. Shares in multiple mining companies with proven values, cash on hand for drilling, Millions of acres of mineral rights in a highly prized area, a business plan expressing the desire to return value to the shareholders, hundreds of kimberlite pipes of which some are guaranteed to be diamondiferous, and a good quality law firm and lawyer who is helping the company become fully reporting and will help the shareholders get value for their shares-Naked shorted or otherwise. Some of their loyal investors have shares which are Naked shorted and the company is not going to toss them to the curb without seeing them taken care of. I am basing this on the fact that the company is aware there is a naked short problem and has told investors to go ahead and buy. Buy all they can. For some this means they are selling and dumping shares and the low share price is a reflection of that. For others they believe that the float of available shares is relatively small. Who is selling at this price? Most of the people in at .0001 who were going to sell sold higher than the present .0004 and are holding free shares. The newer investors are still buying and the .0011 (me) are still holding those and buying more.
---------------------------------------------
Here is a link describing what a Petroleum company now selling for $39 a share did which is similar to what UC is doing. I am not saying this will be $39 a share and neither is the link but it is worth reading.
http://cmkx.********s35.com/index.cgi?board=general&action=display&num=1091120530
---------------------------------------------
Hope everyone is doing well. I haven't looked at the board since I started this post 2+ hours ago. Time flies when you're having fun. GLTA-DD-IMO-Debi

Posted by Brad on :

Debi, some part of the link got deleted in your post regarding the article.

Posted by HarryHar on :

WWJD

Can you post what the update was on Pink Sheets? I can't find anything...Thanks!

Posted by JBCak47 on :

Debi,

Good morning Thanks for all the great info! Naked or clothed I expect my shares to be worth Money! heheh...

I 'found' another 150 in addition to the 50 I have been able to save over the last few days! Hopefully at least 500k shares, maybe even more on Tuesday/Monday!!! Then pay check on Friday! Double dipping!hehehe...

I may just be able to crack 4 million shares within the next twelve days! Screw it, lets up the ante, to 4.25 MILLION!!!! Screw 4 million... I am playing with the big boys, CMKX/UCAD/El Captain are playing rough, well maybe I should too! That is it, it is official, I have to get 1.25 million shares in the next twelve days or so... Is it normal to WANT extra stress in one's own life?!?!? lol...

I am willing to take a chance!

GO CMKX!

It was as if it was alreayd determined that money would be in that account to buy more shares! lol! I love it! Thanks everyone! lol... I love Allstocks and all of you (except for Wallace, I don't love him)

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

Pharm! You pill popper/pusher! I suggest you send me some Valium, I need to relax and get my finger off the 'BUY' icon!

I am addicited to stocks and it gets worse by the day...lol! I love it!

How's the ol' waterin' hole treating you? Hopefully we will be partying it up soon. We need to have an Allstocks party, even if we don't make money (we'll All need to celebrate regardless,lol)!

My parents and sister went away for the next two weeks so it is just me at the homestead!!!

Uhhhooo, scantly clad eighteen and nine-teen year old hoties, stoned birds and stoned Jbcak47 running around!!! Whoa! Call the Police! Pronto!

-John-

Posted by Brad on :

quote:
Originally posted by HarryHar:
WWJD
Can you post what the update was on Pink Sheets? I can't find anything...Thanks!
HH

It was an address change. http://pinksheets.com/quote/company_profile.jsp?symbol=CMKX

Posted by HarryHar on :

Thanks Brad

Posted by VNGNTN1 on :

I get a forbbidden blah,blah blah at that site.
I am working on a project. Does anyone know where I can see a list of all CMKX PR's since
07/03 ?
VAN

Posted by Upside on :

Van,
http://www.pinksheets.com/quote/news.jsp?symbol=CMKX

Good luck!

Posted by Upside on :

Forget that one Van, you'll get another forbidden message. I'll post a different one shortly.

Posted by WWJD-thru-me on :

Van -If you go to the ihub board and look for CMKX there on the first page under the pictures is a chronological listing of the PR's for about 12+ months. Good place to look for those. They just list the PR topic and then you have to find it. The pink sheet site sometimes has some of them and then you could ask someone to post if you cannot find a copy.

The missing word on my link was .********s35.. The posts do not transfer from there well. Some posts I copy and email to self to reverse the negative like a phot proof and that sometimes works. I will try to copy it.

The subject matter was a Petroleum baby company who bought up all the mineral rights-oil rights I don't know if there is a distinction. It was selling for $1.39 a share when the poster purchased. They made deals with the Bib Oil boys because they had all the land sewed up. Still that way if anyone wants a deal they need to knock on their door. The other thing they did was the deals were that the Big Folks drilled at their expense and for a portion of the profits. We are looking to be a big player as far as sewing up all the rest of the mineral rights in the hot spots for diamonds.

GLTA-DD-IMO-Debi

Posted by tahoechris on :

http://biz.yahoo.com/cnw/040729/shore_gold_star_proj_1.html
shore gold found a 19.7 carat diamond!

Posted by Upside on :

Try this one Van:
http://www.investorshub.com/boards/quotes.asp?ticker=cmkx

It will give you a quote and the most current p/r's. Click on news right above the quote box and it'll bring up the archive.

[This message has been edited by Upside (edited July 29, 2004).]

Posted by Money_Penny on :

Folks, our DIRECT NEIGHBORS just found a 19 CARAT DIAMOND (among others)!!! Reality check...we are going to be RICH!!!

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

Shore Gold Inc. - Star Diamond Project - 19.7 carat diamond recovered in 230 carat parcel
7/29/04

SASKATOON, SK, Jul 29, 2004 (Canada NewsWire via COMTEX) --
George H. Read, P. Geo., Senior Vice President Exploration, is pleased to announce that the third set of diamond recoveries from the Star Kimberlite includes the largest diamond yet discovered in Saskatchewan. These results are for five kimberlite batches of a total of some 80 to 100 kimberlite batches that will be processed as part of the bulk sampling program on the Star Diamond Project, the aim of which is to recover a parcel of some 3,000 carats for valuation purposes. A total of 1,459 commercial sized diamonds (greater than 1.18 millimetre square mesh screen), collectively weighing 227.6 carats, has been recovered from the treatment of 1,572.6 dry tonnes of kimberlite. Thirty-three diamonds greater than one carat have been recovered and the four largest stones are: 19.71, 7.48, 5.61, 4.67 carats, respectively. In addition, 180 diamonds (3.1 carats) were recovered down to 0.85 millimetre square mesh. The colour of over 80 percent of these diamonds has been classified as white, with a further 13 percent classified as off-white.
These kimberlite batches have been mined from two areas:

1.) Kimberlite from the upper part of the shaft (Batch 4), which is consistent with Late Joli Fou equivalent kimberlite. 2.) Kimberlite from the Southeast drive (Batches 12, 13, 14, and 15A), developed from the 235 metre shaft station, which is within the Early Joli Fou equivalent kimberlite.
The Star Kimberlite consists predominantly of two stratigraphically defined kimberlite types: the Early Joli Fou equivalent kimberlite and the Late Joli Fou equivalent kimberlite. Results to date indicate that significantly higher diamond grades are associated with the Early Joli Fou equivalent kimberlite. Present kimberlite volume estimates, based on drilling, underground mapping and whole rock geochemistry, suggest that the higher grade Early Joli Fou kimberlite accounts for at least 80 percent of the volume of the Star Kimberlite while the lower grade Late Joli Fou kimberlite accounts for less than 20 percent of the volume. Cross sections illustrating the relationships of these two major kimberlite types will be available on the Shore Gold website at: www.shoregold.com. The diamond results included in this news release confirm higher diamond grades are associated with the Early Joli Fou equivalent kimberlite. To date, some 14,500 tonnes of kimberlite have been extracted from Star as part of the bulk sampling program.

Batch 8 (Shaft) and Batches 15B, 16A, 16B, 17, 18 and 19 (from 235 metre level) have all been processed on-site and the concentrates dispatched to the sorting laboratory for final diamond recovery. Results from these batches are pending. All batches processed to date are classified as crater facies volcaniclastic kimberlites.

Kimberlite processed and diamond results for five sample batches are listed in the table below. Grades are expressed in carats per hundred tonnes (cpht).

------------------------------------------------------------------------- Diamonds Largest Batch Location Dry Number of Total Grade Stone No. (metres below surface) Tonnes Stones (carats) (cpht) (carats) ------------------------------------------------------------------------- 4 Shaft: 140.6 - 161.5 463.44 147 7.77 1.68 0.39 ------------------------------------------------------------------------- 12 235 m Level: SE drive 394.27 458 63.00 15.98 7.48 ------------------------------------------------------------------------- 13 235 m Level: SE drive 350.32 579 68.62 19.59 4.67 ------------------------------------------------------------------------- 14 235 m Level: SE drive 232.03 275 71.23 30.70 19.71 ------------------------------------------------------------------------- 15A 235 m Level: SE drive 132.54 180 20.01 15.10 1.67 ------------------------------------------------------------------------- Total 1,572.6 1,639 230.63 14.67 19.71 -------------------------------------------------------------------------
The four largest stones are: 19.71 (Batch 14, White), 7.48 (Batch 12, White), 5.61 (Batch 14, Off-white) and 4.67 (Batch 13, White) carats, respectively. Thirteen diamonds exceed two carats and 33 diamonds exceed one carat, of which 21 are white, 7 are off-white, 2 are brown, 1 is yellow, 1 is amber, and 1 is grey. A total of 74 diamonds exceed 0.5 carat. Over 80 percent of the total diamond parcel is classified white in colour, with a further 13 percent classified as off-white. The diamond parcel includes 25 yellow, 10 pink and 7 amber stones. Over 98 percent of the carat weight of this parcel occurs in diamonds greater than 1.18 millimetre square mesh. These results support what appears to be a fundamental diamond grade difference between the Early (Batches 12, 13, 14 and 15A) and Late (Batch 4) Joli Fou equivalent kimberlites. All results to date exhibit higher grades for samples from the Early Joli Fou kimberlites.

Senior Vice President Exploration, George Read, states: "We are most encouraged that the kimberlite grade and stone size continue to improve and that our recent kimberlite volume calculations have shown that the higher grade Early Joli Fou kimberlite accounts for approximately 80 percent of Star".

The diamond recovery procedure includes on site processing of kimberlite through the modular dense media separator (DMS), after which DMS concentrates are batch fed through an X-ray Flow-sort. In order to ensure the recovery of low luminosity diamonds, the Flow-sort tailings are processed over a grease table. Flow-sort and grease table concentrates are transported by a secure carrier to SGS Lakefield Research for final diamond recovery. The SGS Lakefield Research process includes drying, screening, magnetic separation, manual sorting and diamond weighing and description. SGS Lakefield Research is accredited to the ISO/IEC 17025 standard by the Standards Council of Canada as a testing laboratory for specific tests.

Grease table tailings and samples of the DMS light fraction have been sent to Rio Tinto's Thunder Bay Mineral Processing Laboratory for audit. These tailings fractions will be audited for both free and locked diamonds down to 0.85 millimetre square mesh. The audit process includes screening, drying, magnetic separation, crushing and manual sorting. Grease table tailings audits for free diamonds have been completed for Batch 1 and Batch 6. Low diamond recoveries from the audit samples confirm the integrity of the processing plant. Most of the diamonds recovered from the audits are small (1.18 - 1.70 millimetre square mesh) and poor quality (brown or grey in colour). Audit sample processing continues and results will be integrated with final results. The Thunder Bay Mineral Processing Laboratory is accredited to the ISO/IEC 17025 standard by the Standards Council of Canada as a testing laboratory for specific tests.

Senior Vice President Exploration, George Read, Professional Geoscientist in the Provinces of Saskatchewan and British Columbia, is the Qualified Person responsible for the verification and quality assurance of analytical results.

The Star Diamond Project is designed to recover a parcel of at least 3,000 carats of diamonds to enable an accurate valuation of the stones. Up to 25,000 tonnes of kimberlite will be recovered from the shaft and drifts and processed on site to produce this diamond parcel. Shore is a Canadian based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Company trade on the TSX Venture Exchange under the trading symbol "SGF".

"The TSX Venture Exchange has not reviewed and does not accept

responsibility for the adequacy or accuracy of this release"

VIEW ADDITIONAL COMPANY-SPECIFIC INFORMATION: http://www.newswire.ca/en/releases/orgDisplay.cgi?okey=14555

For further information: Kenneth E. MacNeill, President & C.E.O., George Sanders, Vice President Corporate Development or George H. Read, P. Geo., Vice President Exploration at (306) 664-2202

News release via Canada NewsWire, Calgary 403-269-7605

[This message has been edited by Money_Penny (edited July 29, 2004).]

Posted by WinsumLosesum on :

Cmkm Diamond Inc (OTHER OTC: CMKX) Last Update: 2:26:00 PM ET Jul 29, 2004

CMKM Diamonds Inc. Purchases 25% of Juina Mining

LAS VEGAS, Jul 29, 2004 (BUSINESS WIRE) -- CMKM Diamonds Inc. (Pink Sheets: CMKX) announced today that it has purchased common stock equating to 25% of the outstanding shares of Juina Mining Corp. (Pink Sheets: GEMM) for $500,000.

In addition, GEMM has issued an option to CMKX to purchase shares equivalent to an additional 24% of the outstanding shares in GEMM for an additional $500,000.

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.

Further developments and other information on the company may be viewed at our Web site, http://www.casavantmining.com.

SOURCE: CMKM Diamonds Inc.

CMKM Diamonds Inc.Melvin O'Neil, 306-752-3755877-752-3755Fax: 306-752-3754ipr@sasktel.net

Posted by WinsumLosesum on :

Time to update that chart again. Man, I can't wait to see the movie about this...

[This message has been edited by WinsumLosesum (edited July 29, 2004).]

Posted by tahoechris on :

wont be long before we own shore gold too

Posted by WinsumLosesum on :

Confirmation from the other side:

July 29, 2004 02:37 PM US Eastern Timezone

Juina Mining Corp. Receives $500,000 USD Funding

LAS VEGAS--(BUSINESS WIRE)--July 29, 2004--Juina Mining Corp. (Pink Sheets: GEMM) announced today that it has received financing in the amount of $500,000 USD through the sale of common stock to CMKM Diamonds Inc. (Pink Sheets: CMKX). This sale gives CMKX ownership of approximately 25% of GEMM.

In addition, GEMM has issued an option to CMKX to purchase shares equivalent to an additional 24% of the outstanding shares in GEMM for an additional $500,000 USD. GEMM is currently a subsidiary of U.S. Canadian Minerals Inc. (OTCBB: UCAD).

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

Posted by GatorMan on :

OK, so a network of mining companies is being put together. WHEN ARE ANY OF THEM GOING TO START MINING???? Where's the revenue?

------------------
~,-,-< GatorMan

Posted by Money_Penny on :

quote:
Originally posted by WinsumLosesum:
[B]Time to update that chart again. Man, I can't wait to see the movie about this...

Too much content already for a two hour movie. Remember Dynasty???

Posted by skippy on :

Can someone list hte ticker symbol for Shore Gold
Thanks

Posted by TradingWizard on :

CMKM Diamonds Inc. Purchases 25% of Juina Mining
via COMTEX

July 29, 2004

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

CMKM Diamonds Inc. (Pink Sheets: CMKX) announced today that it has purchased common stock equating to 25% of the outstanding shares of Juina Mining Corp. (Pink Sheets: GEMM) for $500,000.

In addition, GEMM has issued an option to CMKX to purchase shares equivalent to an additional 24% of the outstanding shares in GEMM for an additional $500,000.

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.

Further developments and other information on the company may be viewed at our Web site, http://www.casavantmining.com.

SOURCE: CMKM Diamonds Inc.

CMKM Diamonds Inc. Melvin O'Neil, 306-752-3755 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.

Posted by WinsumLosesum on :

IS ANYBODY BUYING GEMM RIGHT NOW???

Sorry, I mean...

Excuse me, but I was wondering if any of you were considering buying GEMM at the present moment. Thank you so much.

[This message has been edited by WinsumLosesum (edited July 29, 2004).]

Posted by TradingWizard on :

I think we need a map who owns who and owns what....I am getting lost slowly.

Posted by TradingWizard on :

Juina Mining Corp. Receives $500,000 USD Funding
via COMTEX

July 29, 2004

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

Juina Mining Corp. (Pink Sheets: GEMM) announced today that it has received financing in the amount of $500,000 USD through the sale of common stock to CMKM Diamonds Inc. (Pink Sheets: CMKX). This sale gives CMKX ownership of approximately 25% of GEMM.

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

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

SOURCE: Juina Mining Corp.

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.

Posted by Brad on :

quote:
Originally posted by TradingWizard:
I think we need a map who owns who and owns what....I am getting lost slowly.

There's already one out. Look back at some of the earlier posts. It's there.

Posted by TradingWizard on :

quote:
Originally posted by Brad:
There's already one out. Look back at some of the earlier posts. It's there.

Yes I saw it, thanks, I guess we need updates now. 2 prs in 11 minutes - at least that is what I got.

I reposted one by accident, sorry guys.

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

Posted by Money_Penny on :

quote:
Originally posted by TradingWizard:
Yes I saw it, thanks, I guess we need updates now. 2 prs in 3 minutes.

Looks like it's already updated.
http://img.photobucket.com/albums/v400/dragonheartt/flowchart.gif

[This message has been edited by Money_Penny (edited July 29, 2004).]

Posted by WinsumLosesum on :

TW-

My Streamer's faster than your Streamer.

Nyah, nyah...

Posted by TradingWizard on :

Thanks guys a lot

And I just got my self a super fast computer - must be all the antivirus protection that my husband put it on ha ha but the cool thing is that with my new monitor software all the anoying pop ups disappear in seconds...cool

Posted by HarryHar on :

I see CMKX owning 25% of Juina Gemm and UCAD owning 80% of Juina Gemm for a total of 105%.

So what do you guys all think about this intertwining? Looks like one big orgy going on!

Posted by WWJD-thru-me on :

Gator Man - There is some mining going on with the JV companies holdings. More tracking needing to be done. This is going to be impossible to hold back by the dividend dates IMO.

Company Profile:

Juina Mining Corporation (GEMM), a Nevada corporation, has a 49% interest in a joint venture partnership with Emerging Africa Gold, Inc. (EAG) in the Brazilian Company Juina Mining Mineracao, Ltda. 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.

Juina is located approximately 550 km (342 miles) north of the city of Cuiaba by air charter or 724 km (450 miles) by road. With a population of about one million, Cuiaba is a major urban center in southern Mato Grosso, and is serviced with regular flights from Sao Paulo and Brasilia. Rio de Janeiro is about 1800 km (1,119 miles) southeast of Juina. The Property is located within the Aripuana - Juina Kimberlite Province, the largest diamond producing area in Brazil.

Kimberlites are the principal source of primary diamond deposits, and an occurrence of Kimberlite is shown on government geology maps to be in the vicinity of the boundary of Property 1000. Substantial alluvial diamond deposits have been identified by De Beers and others in the Juina region.

Several active diamond recovery facilities are operating in the area, mainly placer and river dredging operations. The operations range in size and scope from small groups engaged in recreational type mining to large mining companies with fullscale operations.

Diamonds in the Juina district fall into two categories; 1) Industrial to near gem quality diamonds ranging from US $20 per carat to US $200 per carat; 2) Larger gems, top white and fancy colored diamonds ranging from US $300 to thousands of dollars per carat.

De Beers initially organized exploration in the Juina area in 1978 through their Brazilian company, Mineracao Itapena S.A. ("Itapena") which held most, if not all, of the Juina District mining rights. By 1982, Itapena identified three main areas of interest, reduced their vast landholdings, and began detailed evaluations of these areas. The Property 1000 was one of the three claims targeted by De Beers.

By 1984, Itapena had partially covered one of their nearby targeted properties with detailed gravel mapping, trenching and bulk sampling. Initial limited sampling by Itapena, indicated a "measured reserve" of approximately one million carats of alluvial diamonds on this property.

Itapena also calculated an additional 3/4 of a million carats of diamonds as "indicated and inferred reserves." Limited sampling in 1996 in their nearby property not intensely explored or sampled by Itapena indicated virgin gravel and a much higher grade of terrace gravel not included in their original "inferred reserves" calculations. These areas of virgin gravel will increase substantially the inferred reserves. The recovery techniques used by Itapena produced inefficiencies of between 30-40% over techniques to be used by Juina Mining.

Numerous large and valuable diamonds have been recovered from either the Property 912 or from the immediate vicinity during the last 10 years and include: diamonds as large as 452 carats, recovered in 1994; 312 and 280 carats, recovered in 1996 and 1987 respectively: and another stone of 252 carats recovered in 1992.

Since 1997 Juina Mining Corporation has been involved in an on-going exploration of the "Property 1000". An auger drilling program conducted in 1998 through 1999 outlined a potential gravel resource of 1,000,000 cubic meters which representing only 20% of the "Property 1000". Simultaneously a geomagnetic survey was conducted identifying four anomalies with kimberlite like type profiles. In 1999 Juina Mining Corporation constructed a gravitational processing pilot plant incorporating the use of magnetic separators and laser sortex recovery equipment. 3,000 carats of diamonds were recovered during the initial testing stages of the pilot plant. In 2000 management made the decision to enter into a joint venture partnership to further develop the "Property 1000." In October of 2000, Juina Mining executed a Joint Venture Agreement with Emerging African Gold.

Posted by TradingWizard on :

quote:
Originally posted by HarryHar:
I see CMKX owning 25% of Juina Gemm and UCAD owning 80% of Juina Gemm for a total of 105%.
So what do you guys all think about this intertwining? Looks like one big orgy going on!

Well then Juina under exists by 5%

Posted by WWJD-thru-me on :

This is quite the incestuous lot of companies. Very hard to untangle with many intertwined percentages. Roger Glenn will be earning his money on this one. This is exactly what UC described doing in a PR from about a year ago. With 7 companies. Each owning a little of each other and creating a force to reckon with. Takeover targeting CMKX will cause rashes and headaches. Naked Shorting will cause your shorts to get so twisted you will rue the day. That last part is IMO. The first was in PR's and recently posted here I think. Maybe last 5 pages or so.

I should know this but what is the shortcut to finding info on Allstocks from previous posts?

John-JB-hope you still can get your 4 Million. My brother in law is out of the country and I had his secretart wire funds to buy 10-12 million shares yesterday and the wire got goofed up and it won't be in til tomorrow. That kept me busy all morning and gave me a headache. Hopefully they can get 10 million more at least. They have about 2.

GLTA-DD-IMO-Debi

Posted by WinsumLosesum on :

Debi

"Search" link at top of the page.

Posted by HarryHar on :

WWJD

Wiring money is the fastest, am I mistaken? How much does this cost? How can I go about doing it the cheapest/fastest way possible? Or anyone who's done this? THanks!

Posted by Brad on :

quote:
Originally posted by HarryHar:

So what do you guys all think about this intertwining? Looks like one big orgy going on!

You crack me up Harry.

Posted by WWJD-thru-me on :

Money Penny-good post on the large diamond finds by our neighbors. Can't wait till we see those reports with our company name on it.

The address change didn't mean too much to me but I am wondering if there is a super Saskatchewan Diamonds coming into existence with an office in an undisclosed as yet location. Next week is the meeting and we have gotten all these little PR's. Can't wait for the whole enchilada. Yo pareso muy buenissimo, or Muinto Bane, Tres Bien, Bodzo Dubja or however you want to $ay it.
GLTA-DD-IMO-Debi

Posted by WinsumLosesum on :

OK, I look at this chart to see what CMKM owns, right?

What if we look at this chart, and ask ourselves, "Wow, look how much UCAD owns?!" Hmmmm....

Isn't diversion a standard tactic for magicians? I wonder if this whole story is about UCAD, after all.

Does anyone else think that this time next year, we will be the proud owners of U.S. Canadian Minerals Inc.?

I like the sound of that.

quote:
Originally posted by Money_Penny:
Looks like it's already updated.
http://img.photobucket.com/albums/v400/dragonheartt/flowchart.gif
]

Posted by Brad on :

quote:
Originally posted by HarryHar:
WWJD
Wiring money is the fastest, am I mistaken? How much does this cost? How can I go about doing it the cheapest/fastest way possible? Or anyone who's done this? THanks!
HH

I did it through my bank. Cost me $15 and the funds were available for trading almost immediately. Like minutes.

Posted by WWJD-thru-me on :

Winsum -I think that is in the realm of possibility but another entity altogether might be created. I am glad we have Roger Glenn on this. He is the man at putting together companies and financing. UC is the Donald Trump of the Mineral Rights crowd.

Harry -Wiring in is usually about $15-$25 depending on your bank or credit union. The account names sending and receiving have to match identically or it will be rejected. If you wire now it may be tradeable in the AM. Sometimes it takes 1/2 day to be available. Depends on when your bank sends out the wires.

Gator Man - here is a post that DaDog put up regarding Juina on another thread: Shows the mining is ongoing and the money should be flowing.

2004-07-20 05:30:06

Juina Mining Corporation Receives Its First Processed Gold from Yellow River Gold Mine

***

Business Editors LAS VEGAS--(BUSINESS WIRE)--GEMM-- 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. KEYWORD: NEVADA INDUSTRY KEYWORD: MINING/METALS SOURCE: Juina Mining Corporation CONTACT INFORMATION: Juina Mining Corporation Chris Hanneman, 303-220-8476

------------------
Due Da Due......But Be Quick About It!!!!!

DaDog

Posted by rde3 on :

GEMM was as high as .25 in late April....

Do the Due

Posted by rde3 on :

GEMM is inching up !!!!

Posted by GatorMan on :

quote:
Originally posted by WWJD-thru-me:
Winsum -I think that is in the realm of possibility but another entity altogether might be created. I am glad we have Roger Glenn on this. He is the man at putting together companies and financing. UC is the Donald Trump of the Mineral Rights crowd.
Harry -Wiring in is usually about $15-$25 depending on your bank or credit union. The account names sending and receiving have to match identically or it will be rejected. If you wire now it may be tradeable in the AM. Sometimes it takes 1/2 day to be available. Depends on when your bank sends out the wires.
Gator Man - here is a post that DaDog put up regarding Juina on another thread: Shows the mining is ongoing and the money should be flowing.
2004-07-20 05:30:06
Juina Mining Corporation Receives Its First Processed Gold from Yellow River Gold Mine

Thanks. I spoke in haste. It just seems to me CMKX is making a lot of deals and I'm just wondering when they will get down the the buisiness of mining diamonds.

And, cynic that I am, I note the above PR doesn't state how MUCH gold was delivered. It could be 5 ounces for all we know.

Sorry, I like hard numbers. Total ounces in this case. In the case of ownership not % but how many shares out of how many autorized. Like an earlier post said it looks like 105% of Juina Mining is owned by someone and we can buy another 24%! That 80% was probably diluted though.

------------------
~,-,-< GatorMan

Posted by VNGNTN1 on :

SOME of you may be realizing that we may need to be "PICKING" the correct company!
My project is to map (TW request) where value is flowing. One problem : I have a job out of town till 8/15.
VAN

Posted by WWJD-thru-me on :

Here is a breakdown of UCAD's share structure. Found on another board. Looks good to me. -Debi

UCAD's OS is 26,000,000 as of yesterday. I spoke with their IR rep and got the following breakdown

7,770,000 baseline as of May 04
720,000 El Capitan acquisition (restricted)
7,500,000 CMKX dividend (restricted)
10,000,000 Nevada Minerals (100k pref'd conv to 10mm comm)
----------------
26,000,000 OS fully diluted
===========

AS = 100,000,000
float = 700,000 approx.

Gerbs
---------------------------------------------
Bob some of the posts from **you*know**where* the link that get blotted out have very good DD but will not copy at all. I use the edit feature and and copy but when pasting nothing happens. It has something to do with their site. So hopefully on the important ones the link can go thru. I am not trying to advertise the other site but trying to bring some great DD here. Thanks -Debi

Posted by TradingWizard on :

quote:
Originally posted by VNGNTN1:
SOME of you may be realizing that we may need to be "PICKING" the correct company!
My project is to map (TW request) where value is flowing. One problem : I have a job out of town till 8/15.
VAN

You will do that for me!
(just kidding)
Good luck with your job. Hope its as much fun as we have on this board.

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

Posted by rde3 on :

Look Out !!! 0.0005 !!!!

Go CMKX !!!!!

Posted by Money_Penny on :

JEFF is at 0.0005. Is he giving in to the pressure???

Posted by JBCak47 on :

My money is in the mail, It should be available Monday, tuesday the latest...

No wire for me, it's thirty effin dollars!! Yikes, 3.95 for priority mail!

WWJD! Thanks for the pick me up, good luck on those 10 million shares! I wish I had 10% of that!lol...

Well guys lets see what happens, My money is gone into the system and I have to catch a train in 9 mins! Later guys! Talk to you in like two hours...

-John-

Posted by GatorMan on :

Somebody can check my math, but I think that Juina Mining will need to issue more stock equivilant to 33% of their current outstanding to bring CMKX up to a 25% share. This will lower UCAD's percentage to around 60%.

Anyone know how many shares GEMM currently has outstanding (before the CMKX purchase)? It would really be nice if these numbers were in shares of stock and we knew the outstatnding.

------------------
~,-,-< GatorMan

Posted by lilmama on :

do you think she will break .0005 anytime soon. It seems like forever since we have seen anything above this.

Posted by Brad on :

quote:
Originally posted by lilmama:
do you think she will break .0005 anytime soon. It seems like forever since we have seen anything above this.

If you consider less than a month soon, then the answer is yes. I think it will break .0005 and then some.

Posted by WinsumLosesum on :

Here's the story Debi was trying to post:
http://cmkx.pro*boards35.com/index.cgi?board=general&action=display&num=1091120530
(Take out the asterisk*)

By: houstontex1110
29 Jul 2004, 11:52 AM EDT
Msg. 54434 of 54449
Jump to msg. #
TO CLEAR UP SOME CONFUSION
I got in on the ground floor of Ultra Petroleum at $1.50 and it now trades on the AMEX at around $39. Here was their game Plan:
1. Buy land, buy more land, buy up everything they could afford because eventually, all the good stuff will be gone forever.
2. During number 1. they drilled 2 wells, one success and one failure.
3. Suddenly out of the blue, they were cutting deals with the BIG BOYS. Ever hear of Haliburton? And the typical arrangement was the BIG investors put up all the drilling money and only received 15% of the net income. Of course this varied slightly from deal to deal.
4. What is going on here? The industry realized that Ultra Pet. had locked up all the choice land, and if you want a piece of the action, Ultra is the door to knock on. Since the gas wells were quite economical in regards to the time for paying back the drilling costs, the large investors were willing to do it.
5. Within a year, UP had around 6 deals cut, and drilling all over the place.
6 UC is locking up all the territory he can before its all gone.
7. Read the next 5 steps, that is our future.
He is still setting up the stage before the real production gets underway. How soon you naysayers forget our past. Just in Feb 2004, the map did not even show CMKM as owning anything. That is, I was told by Melvin that the numbered sections are our land. What? Why no name? It had scam written all over it. We had no drill rig, and did not a merger was even being considered. No Roger Glen and only one funny car and everyone was screaming that is where all our money is going.
I argued, "If we are a scam, why are so many junior mining companies joint venturing with us? Are they also part of the scam?"
UC's plan is unfolding before your eyes. Stop worrying. Evidently the people with money like what he has accomplished so far. It appears UCAD had just committed to paying us $15 million, and in the future, larger investors with deeper pockets will be knocking on CMKMs door. MARK MY WORDS.
W
Look how far we have progressed in 5 months. In the next 5 months, we will be rolling along like UP, and you will kick yourself for not buying more stock.

[This message has been edited by WinsumLosesum (edited July 29, 2004).]

Posted by lilmama on :

thank you Brad. I guess I needed some encouraging words. I bought this stock and was hopeful and excited-went on vacation and the price droped and got me antsy.

Posted by WWJD-thru-me on :

Gator Man -I understand your cynicism. I can be that way occasionally. I have chosen to take this company at face value because I am buying the what you see is what you get from UC and Melvin -put together with the lawyer and the scammy, scuzzy pink and OTCBB market and Naked short situation and thinking this is going to be sweet in a big way. The percentage of Juina that we bought was 25% of the OUTSTANDING shares. That word can make the necessary adjustment to the numbers to equal less than 105% sold. I am hoping and thinking that after the meetings in Canada next week we will get the disclosure on the share structure and filing. Unless there is some surprise in store for the group of companies. So maybe the paperwork is set to file and this is to get signatures and be together for a big announcement. Time will tell. I think CMKX is demonstrating that they are the real deal with their PR's and follow thru on previous PR's. It is coming together.

Van -I think CMKX is the one to buy. That doesn't mean it won't roll into something else but UC has said no R/S. He has placed a value of .50-.61 cents on this. Talked of spin offs and Melvin when asked about when a cash dividend would come answered on Paltalk 'he didn't know maybe 1 to 6 months' not a denial of a cash div or a that hasn't been decided. So I think this is the one. I think people will do well with some of the others but this is the one I think will do best % wise.

GLTA-DD-IMO-Debi

Posted by bill1352 on :

you got to think roger is behind all these deals...UC is more a blue collar guy from differant things ppl have said about him & his history. probably has some business savey but not the law knowledge to put all these deals together....as i've said i'm not one of the huge naked short believers i've believed the o/s was huge...when the pr about UC not getting any ucad because he gave up his cmkx shares it bothered me...he doesn't seem the type to let anyone have a chance at taking control of anything he is so involved with from him...i had believed he had been buying up shares by the truck load..then uncle mel said that they had been retiring shares for the last yr..someone mentioned debeers buying up enough shares to enforce a hostile take over, its everything but a given that there are enough diamonds in the cmkx claims to mine...you wont find diamonds in some of the kimberlite and not all the stuff surrounding it and then why wouldn't someone that wanted lots of diamonds just buy huge amounts of cmkx and end up with a controling interest in the company..it would make sence that UC would not want that to be possible and maybe melvin is right, maybe they have retired 1/2 the a/s thus securing the company add to that all these companies buying pieces of each other thus ensuring someone was watching their back and making the cost of getting to the goods in the ground easier to come up with....all this stuff is just guessing and if it offends anyone i'm sorry but its why this stock is so much fun sort of like that game (can't think of the name) who murdered whom in what room with what weapon..lol

Posted by skippy on :

clue

Posted by Upside on :

I hate you guys. Mr. negative here finally caved in to the pressure and pulled what is probably his dumbest move yet! Doubled up today. Yep, went from 2 to 4 million, darn near doubled my average per share price, man am I proud of myself, doing everything I know shouldn't be done. One smart cookie here. Thanks a lot folks.

Posted by GatorMan on :

quote:
Originally posted by skippy:
clue

Yeah, I haven't got one as to what is REALLY going on.

------------------
~,-,-< GatorMan

Posted by WinsumLosesum on :

Up-

What price could you possibly put on all this excitement and intrigue? Oh yeah... and diamonds?

[This message has been edited by WinsumLosesum (edited July 29, 2004).]

Posted by GatorMan on :

quote:
Originally posted by Upside:
I hate you guys. Mr. negative here finally caved in to the pressure and pulled what is probably his dumbest move yet! Doubled up today. Yep, went from 2 to 4 million, darn near doubled my average per share price, man am I proud of myself, doing everything I know shouldn't be done. One smart cookie here. Thanks a lot folks.

Hey, I did the same kind of thing. Sold off a bunch at .0005 to get my money out and keep free shares. So what did I do after the first dividend announcement? Bought most of them back at .0005. And was thinking of buying more today. It remains to be seen if I've done something utterly stupid like I did with GMDP. Just not near as much at risk ---- yet.

------------------
~,-,-< GatorMan

Posted by VNGNTN1 on :

TW
I was pfhisng for help !!
I think if we can follow step by step where the value is moving to, then we can be in the right place at the right time.
VAN

Posted by cool1sh on :

I am happy for you man

Keep the negatives coming tho. You're one of the negative people I trust.

Go CMKX!

quote:
Originally posted by Upside:
I hate you guys. Mr. negative here finally caved in to the pressure and pulled what is probably his dumbest move yet! Doubled up today. Yep, went from 2 to 4 million, darn near doubled my average per share price, man am I proud of myself, doing everything I know shouldn't be done. One smart cookie here. Thanks a lot folks.

Posted by HarryHar on :

Speaking of things that shouldn't be done, last year was the first year I opened a Roth Ira. I went ahead and liquidated my holdings in that and purchased 6M shares two weeks ago of guess what...tha's right CMKX...some small decisions may change the rest of our lives...Hopefully that was one of them!

Posted by WinsumLosesum on :

You can say THAT again!

Posted by will on :

Damnit! I submitted my post before I wrote it, you have me all shook up UpMan, lol.
YOU BOUGHT at .0004?
I have to confess I put a buy order in for another million, but it wasn't at .0004, I didn't get filled though.
Things are looking good, but very confusing. I don't really care that we own everyone and everyone owns us. Still waiting for that PR dealing with O/S, the one about core samples, the one about CMKX being a reporting company, and FINALLY the one that says WE GOTS DIAMONDS folks!
Hope they're on their way.

quote:
Originally posted by Upside:
I hate you guys. Mr. negative here finally caved in to the pressure and pulled what is probably his dumbest move yet! Doubled up today. Yep, went from 2 to 4 million, darn near doubled my average per share price, man am I proud of myself, doing everything I know shouldn't be done. One smart cookie here. Thanks a lot folks.

[This message has been edited by will (edited July 29, 2004).]

Posted by TruthTeller on :

These PR's are bringing a lot of attention and excitement to CMKXers (to both pumpers and bashers IMO). Its all confusing many people including Dr.D, Sterling and Zen - they are posting less lately. I guess Will is happy with that

This CMKX is going to be either a huge scam or a huge success. With the things I can see right now, I will say HUGE gain for us.

Good luck to every one, GO CMKX.

Posted by Upside on :

originally posted by will:

quote:
Damnit! I submitted my post before I wrote it, you have me all shook up UpMan, lol.
YOU BOUGHT at .0004?
I have to confess I put a buy order in for another million, but it wasn't at .0004, I didn't get filled though.
Things are looking good, but very confusing. I don't really care that we own everyone and everyone owns us. Still waiting for that PR dealing with O/S, the one about core samples, the one about CMKX being a reporting company, and FINALLY the one that says WE GOTS DIAMONDS folks!
Hope they're on their way.

.0005. Hate myself. Gotta go make myself sit in the corner now with my dunce cap on. I'll check back later.

Posted by WorkAHolic on :

OK Partners, here's the scoop. We tell everyone we know and love to buy 1mil shares of this stock and hold on tight. We should all now just sit back and hold. The little money you will make moving up the ladder is going to be peanuts compared to the big picture if we hold, hold, hold. I'm convinced that this will be something you will be able to brag about and the ones that don't buy in will be the ones that watch us go to the top. No kidding. I do not believe any of the negative talk will be able to stop this train. If you're not in for the long haul, you will kick yourself, later. IMO, there's diamonds, gold, zink and tons of other minerals that will be mined out of here and we will be a part of it. This is the "I told you so" stock. I like what I've read and heard and if this stock doesn't produce big for us, it will shock me and I'm sure many others. Is it speculative, of course. Can this fall apart at any time, you bet. Could this be the mother load of all mother loads, I'm 8 million shares counting on it. I'm holding until my nerves shatter. Right now, my nerves are like steel. I hope all of your's are, too. IMO..

Posted by WWJD-thru-me on :

Upside wrote: I hate you guys. Mr. negative here finally caved in to the pressure and pulled what is probably his dumbest move yet! Doubled up today. Yep, went from 2 to 4 million, darn near doubled my average per share price, man am I proud of myself, doing everything I know shouldn't be done. One smart cookie here. Thanks a lot folks.
---------------------------------------------
No! Upside, No! Not you! don't drink the kool aid!!!! -Just kidding. I have been drinking rather heavily at the kool aid fountain. I really do think this is the real McCoy. I talked to Melvin today. (Oh brother -not one of those posts). I talked with him for about 10 minutes about something barely related to CMKX. I was not asking about share counts or any info on dividends or cash. Didn't ask a single CMKX stock question. No dates, times, amounts, etc. What I did come away with is this man is as sincere as I am. I may have a lot of faults but insincerity is not one of them. What you see is what you get. It ain't always pretty but it is always real. I don't believe Melvin would be in CMKX if he thought for a second it was a scam. I wouldn't either. I already had confidence that Melvin was a straight shooter from previous short conversations and feedback from trusted friends who know him. So I just wanted to pass on that opinion. It isn't DD. But I can be a good judge of character. You know how you cross the street to avoid what looks like trouble coming down the sidewalk? Street smarts. They don't teach it at school and you either have them or you don't. I think I do. When ever we get around to having the Ultimate CMKX shareholder party stop and say hi and ask me about some of my street smarts stories. They will curl your hair -or strighten it if that is the look you are going for. GLTA-DD-IMO-Debi

Posted by will on :

Debi:
UpMan paid too much for his KoolAid. I'm waiting for the .0002 cent KoolAid, lol. I know, I know, it isn't gonna see .0002 again....but I just might get lucky.
Matter of fact, I think I'll up that order to 2M.

Posted by Money_Penny on :

New map. Everything circled in dark blue is us. I can't help but feel positive looking at this.
http://www.investorshub.com/boards/read_msg.asp?message_id=3667111

Posted by VNGNTN1 on :

quote:
Originally posted by HarryHar:
Speaking of things that shouldn't be done, last year was the first year I opened a Roth Ira. I went ahead and liquidated my holdings in that and purchased 6M shares two weeks ago of guess what...tha's right CMKX...some small decisions may change the rest of our lives...Hopefully that was one of them!

Should have rolled to a broker that would let you buy CMKX.
I hold 5.5m in Roth
Ain't it sweet ?
VAN

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

Posted by tradingpennys on :

quote:
Originally posted by Justhis1ce:
Anyone notice the absence of bashers posting lately?

Hell! If you don't wanna be in LA LA land like the rest of you, you are considered a basher. This must be a paid CMKX PUMPER board. Because of the narrow minded individuals on here that can't think beyond misguided posts from each other and from other boards. Looking at all sides of a situation is much more fun and quite the learning experience, GOD FORBID! You all do that here! Anything that might hint in any way shape or form of something you don't want to hear, you turn tail and run. Only to return with name calling and wanting to chase in packs the person who may have poked a hole in your air-heads. LOL I have never seen such a bunch of closed minded, crosseyed scared rabbits. Cya - Don't wanna be ya.

Posted by darrenbaker on :

AAAHHH....
Thats better.

Posted by Brad on :

quote:
Originally posted by tradingpennys:
You all do that here! Anything that might hint in any way shape or form of something you don't want to hear, you turn tail and run. Cya - Don't wanna be ya.

I'm not running from any information. Good or bad. I want to hear all sound information that is backed up with facts. So don't just spout off. Keep to the subject. What do you have to discuss regarding CMKX?

Posted by HarryHar on :

Van

I use Ameritrade. I didn't take the money out of the Roth, just sold my other holdings to purchase the 6M cmkx...feels gooooood....

Posted by WWJD-thru-me on :

Just to be well rounded I will post about what I hate about CMKX.

1) I hate that it might put me in a new tax bracket and I probably will have to go to the bank more often with dividend checks.

2) I hate that they keep putting out PR's about us buying shares in other companies that add value to CMKX and I have to try to keep them all straight. So much easier when they didn't say anything.

3) I hate that there is talk of a shareholder party and I don't have anything to wear.

4) I hate that some people may get paid for saying good things about CMKX and I do it for free. If I got paid I could buy more CMKX and hate it even more.

We wouldn't want the board to be just one sided. Just trying to do my part.
IMO-DD-GLTA-Debi

Posted by TradingWizard on :

Damm Upside, what are you doing, you told me a while ago that I am going to loose my commision and now you are buying more....lol
I am holding tight my 3.5 millions at 0.0001 and if I buy more I will up my average which I don't want to do because this is the only green stock I have now.
Will me and you, I will wait for 0.0002 with you (probably never see that day - fine with me because I am happy with my investment for now) and in the mean time I will spend my sisters money.

I must say that CMKX is a bumpy road, I think we are going up the hill again....
Things are looking good....VAn I think we are in the right place, and the right time is coming. Got any idea for skunk hunt - now I know why the rabbit is gone!

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

Posted by Brad on :

quote:
Originally posted by WWJD-thru-me:
Just to be well rounded I will post about what I hate about CMKX.
1) I hate that it might put me in a new tax bracket and I probably will have to go to the bank more often with dividend checks.
2) I hate that they keep putting out PR's about us buying shares in other companies that add value to CMKX and I have to try to keep them all straight. So much easier when they didn't say anything.
3) I hate that there is talk of a shareholder party and I don't have anything to wear.
4) I hate that some people may get paid for saying good things about CMKX and I do it for free. If I got paid I could buy more CMKX and hate it even more.
We wouldn't want the board to be just one sided. Just trying to do my part.
IMO-DD-GLTA-Debi

Well balanced Debi. Good job.

Posted by will on :

I like what is going on with all the deals being made, but don't get too high.
Remember there are still some questions that need answering:

O/S
Sample results

Being the most important.

That is in no way bashing, just trying to keep things real, and two important issues outfront.

Posted by Upside on :

originally posted by will:

quote:
I like what is going on with all the deals being made, but don't get too high.
Remember there are still some questions that need answering:
O/S
Sample results
Being the most important.
That is in no way bashing, just trying to keep things real, and two important issues outfront.

BASHER, BASHER, BASHER! Don't you have anything better to do than to bash this wonderful stock and Urbans grand master plan? Come on guy, find something else to do!

You know I'm just kidding you right? I still love ya man!

Posted by Upside on :

Debi,
If it hits like we all hope it does, # 3 shouldn't be a problem anymore.

Posted by TradingWizard on :

quote:
Originally posted by will:
I like what is going on with all the deals being made, but don't get too high.
Remember there are still some questions that need answering:
O/S
Sample results
Being the most important.
That is in no way bashing, just trying to keep things real, and two important issues outfront.

Good point Will!

I can sense the hype coming soon like the one we had last time when it hit 0.0012.
I just hope that they will not surprise us with the core samples after all this to make us slide down again. The best think is to stay neutral and hold, I think the potential is there, and may be more than potential.
I like Debi's previous post about buying land (some Petrolum company), and this may be Urban's strategy for now. Well, I like the excitment. And Debi, liked your last post a lot, I am sure that you will find the right dress - simple is the best.

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

Posted by Highwaychild on :

UPMAN,I'm rollin'.HA HA HA HA HA

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

Posted by will on :

I know you're jagging me, UpMan, but they are important outstanding questions without answers yet.

quote:
Originally posted by Upside:
originally posted by will:
BASHER, BASHER, BASHER! Don't you have anything better to do than to bash this wonderful stock and Urbans grand master plan? Come on guy, find something else to do!
You know I'm just kidding you right? I still love ya man!

Posted by Upside on :

One thing that bothers me is that I seem to have a knack for picking scams. Not saying this is one but, anyone here old enough to remember ZZZZ Best? I was in that one. How about Centennial Tecnologies? I was in that one too. Profited greatly from both (although I put a big chunk of our daughters retirement money into Centennial and lost it all) but I'm hoping this one is the real deal because being involved in a scam can be nerve racking, especially when the truth comes to light. Don't really need to go through it all again.

Posted by will on :

SELL! You're a black cat. LOL

quote:
Originally posted by Upside:
One thing that bothers me is that I seem to have a knack for picking scams. Not saying this is one but, anyone here old enough to remember ZZZZ Best? I was in that one. How about Centennial Tecnologies? I was in that one too. Profited greatly from both (although I put a big chunk of our daughters retirement money into Centennial and lost it all) but I'm hoping this one is the real deal because being involved in a scam can be nerve racking, especially when the truth comes to light. Don't really need to go through it all again.

Posted by noahltl on :

Upside, does this mean you're going to become one of us "pumpers"? LOL

Posted by TradingWizard on :

I have not seen Paul around.
And whatever happen to vado, I had some interesting conversation with him once, obviously meaningless.

Posted by Upside on :

originally posted by noahltl:

quote:
Upside, does this mean you're going to become one of us "pumpers"? LOL

If something good happens, sure, I'll switch allegiances at the drop of a hat. I'll even take a trip to visit Melvin and apologize to him for saying he looks like a goblin. But for now, the dark side is still strong in this one, it's the smart side that appears to be weak.

Posted by WWJD-thru-me on :

Will - I agree the outstanding share count is definitely important. The results of all the samples mega important. What I think is going to happen is worth nada if they don't have value. Value can come from diamonds or other valuable minerals, it can come from sales of claims, It can come from ownership in various other mining companies and reaping the benefits of their mines. CMKX definitely has to deliver the goods. They have to become fully reporting. With Roger Glenn on board and the flurry of activity it is easy to believe this is coming together.

Upside - I have been scammed before but I think I have learned a lot. This is almost the reverse of a scam. Usually a stock with this much noise would have already run up to a dollar or more and then tank down to .0342 or less. This one hasn't really run. Sitting there day after day at .0004 or .0005 isn't that inspiring. They went out and hired a lawyer which is an odd way to get a scam hopping. If it is is one I have never seen before.

Good night all. GL_DD_IMO-Debi

Posted by will on :

Another important question you bring up, "become fully reporting".
So we have three major issues needing resolution, O/S, Samples, Reporting.

quote:
Originally posted by WWJD-thru-me:
Will - I agree the outstanding share count is definitely important. The results of all the samples mega important. What I think is going to happen is worth nada if they don't have value. Value can come from diamonds or other valuable minerals, it can come from sales of claims, It can come from ownership in various other mining companies and reaping the benefits of their mines. CMKX definitely has to deliver the goods. They have to become fully reporting. With Roger Glenn on board and the flurry of activity it is easy to believe this is coming together.
Upside - I have been scammed before but I think I have learned a lot. This is almost the reverse of a scam. Usually a stock with this much noise would have already run up to a dollar or more and then tank down to .0342 or less. This one hasn't really run. Sitting there day after day at .0004 or .0005 isn't that inspiring. They went out and hired a lawyer which is an odd way to get a scam hopping. If it is is one I have never seen before.
Good night all. GL_DD_IMO-Debi

Posted by PAUL on :

Hit and run, I hope all is well.

A chart I am working on for CMKX information.

You will need to hit the "zoom?" button on yor screen to make i tlook good. It is a BIG JPG. There is an ORANGE button that shows up on your screen from the browser. Click on it to make the pic look better.

http://www.akbonline.org/slide1.jpg

The mystry man is Willy Wizard.

PAUL

Pastor@WGAT.org

1993.00 raised for Vicky so far. Good job.

[This message has been edited by PAUL (edited July 29, 2004).]

Posted by rivercity on :

will i agree,fully reporting gives us more credibility.personally i think reporting brings in bigger/better investors. ibelieve i saw in a previous pr d.roger glenn was traveling to the next meeting in canada to become more aquainted with the mining process,something about understanding more about mining would help him to complete the reporting process. all three issues answered and we just might have a major move in pps.
i enjoy your post you have a knack for seeing the bits and pieces that a lot of us miss. good work........rivercity

Posted by TeenageTrader on :

I don't know if any of you noticed, but everyone remember Shore Gold finding those diamonds and then releasing the PR on it? Well did anyone look at where Shore Gold's land is and where CMKX land is? Shore Gold in like stuck in the middle of us, surely if they found diamonds we will find diamonds... O course we will have to wait for CMKX to get in gear and start drilling, but if any of you didn't see the chart, here it is again. http://www.investorshub.com/boards/read_msg.asp?message_id=3667111

Posted by Brad on :

quote:
Originally posted by TeenageTrader:
I don't know if any of you noticed, but everyone remember Shore Gold finding those diamonds and then releasing the PR on it? Well did anyone look at where Shore Gold's land is and where CMKX land is? Shore Gold in like stuck in the middle of us, surely if they found diamonds we will find diamonds... O course we will have to wait for CMKX to get in gear and start drilling, but if any of you didn't see the chart, here it is again. http://www.investorshub.com/boards/read_msg.asp?message_id=3667111

Thanks Teenage but yes, this was posted and discussed earlier in the day. And yes, most everyone thinks it can be significant for us given the proximity. Lot's of good discussion took place today when this information came out. Take a look at the earlier posts from the day.

Posted by JBCak47 on :

WWJD

Can I suggest a Toga Party? I've been to Vegas growing up as a kid from ages ten until now even! However what are the top three hotels in Las Vegas? I've stayed at like 3 star stuff maybe even a 4 star but what are the TOP hotels? Thanks if anyone knows from experince

I agree totally with what you hate about CMKX... I want more shares! Grrrrr!!!! lol... Now from us owning into these other companies, their PR's affect us, vice versa, I love it!

This has been such an interesting time, almost two months now since I first invested into CMKX Diamonds! Good night Pharm, Money P, and all others...

Thanks also for the link to what we and Debeers own... That was really interesting. You know I got a fax today, oddly enough at where I work, it was about investing in a Gold Mining Company... I want to say African, not 100% sure. Symbol is RIRI. At .19 Cents a share?!?! I have no clue at all to this lead, it is simply that guys... Do your DD... I haven't bought into this stock, only got a fax about it. (and committ a lewd act like diverting CMKX funds? NEVER!)

Hey if this pays off maybe we can really get into mining companies. I mean I already own CMKX, I will be owning as per the PR, UCAD shares as well as CIM shares. Three different companied. Now also GEMM/Juian Minning (is that right? I am half asleep?!) Is in the picture as well as others. You know if Cmkx hits that many of these other companies will get in influx of OUR cash into there own. Espically if some of these mining companies, Like UCAD with a relitively low A/S,O/S can go much higer, in my opinion, than seven dollars or so, provided they prove minerals...
=============================================

-John- Sweet dreams everyone...

Posted by JBCak47 on :

Ahhh TeenTrader, that was you who posted that!

Thanks! Hope you've been loading up on a couple of cmkx shares

-John-

Posted by XchangeMODE on :

IS some IDIIOT BASHER saying here

that there will be a SHORTSQUEZE in my

AMERITRADE ACCOUNT, because i own NAKED SHARES

Maybe we should all call a transfer agent,so we can verify that an electronic entry into a trading account is enough to garanty you are the owner of your shares.

but i`m suspecting there is team of at least 2 PEOPLE on THIS BOARD that are working together .
These 2 people seem be WORKING TOGETHER with

the MARKET MAKERS to COVER the NAKED SHARES

that THEY SOLD US

OR DOES somebody know of any ANY CASE WHERE SOMEBODY OWNED NAKED SHARES IN THEIR TRADING ACCOUNT????????

P.S.: NAKED SHORTING happens in many penny stocks since the late nineties

Posted by XchangeMODE on :

thanks for the map MONEY-PENNY

I think we CONTROL

FORT DE LA CORNE

is that red circle de beers

this is HUGE!

Posted by ali on :

Well, the mega-merger seems to all be coming together. I want to give you a few predictions that will happen in the near future as press releases come out.

1. We will dish out the 500,000 to purchase the remaining 24% of Juina. (I am almost positive on this one.)
2. We will purchase though cash or stock swap the remaining 20% of Yellow River.
3. We will purchase though cash or stock swap the remaining 20% of COD Mine.

According to the last Press Release, we have an 'option' to purchase the additional 24% of Juine for $500,000. The thing that seems odd about this is that we just got done purchasing 25% for $500,000 and will pay the SAME PRICE for 24% more. This, to me, makes it obvious that it was all prearranged that way.

Now, follow me here. When we get done purchasing Juina, UCAD and CMKX will together own quite a few companies. Let me break this down:

Juina- 51% owned by UCAD, 49% owned by CMKX after option of purchase is placed.
Nevada Magnetics- 100% owned by UCAD
Yellow River- 80% owned by UCAD
COD Mine- 80% owned by UCAD
Nevada Minerals- 40% owned by UCAD, 60% owned by CMKX.
CIM- CMKX has 10% royalties on minerals.

It appears pretty obvious that there is going to be a merger between CMKX and UCAD. This will mean:

Juina, Nevada Magnetics, Nevada Minerals, UCAD and CMKX will become ONE MEGA-MINING CORPORATION.

You can possibly add in there Yellow River and COD Mine as well if CMKX or UCAD gets 20% ownership of those claims.

Why is CMKX the one that spearheaded this MEGA-MERGER? There are a few reasons that come to mind.

1. CMKX has apparently GOOD financial backing to afford to do this.
2. CMKX has the majority of the land claims. At 1.5 million acres, they have the vast majority of claims in the region.
3. CMKX paid for the expensive arial surveys. These were not cheap and were definitely 7 figures to do. Millions of dollars to accomplish. Thus, they know exactly where the best places to pool resources to get maximum profits.
4. CMKX has hired one of the best corporate lawyers (D. Roger Glenn) in the country to do this.
5. CMKX has a genius via Urban Casavant as CEO.

These small companies are not stupid. Why limp along mining for years and years to come? Why not ride the gravy train by pooling resources and joining forces? United we stand, Divided we fall.

One more thing. Don't expect to get the share structure announced until after the MEGA-MERGER is accomplished. Why? Well, think about it. The share structure will then be announced as ONE UNIFIED COMPANY.

Things are definetly getting exciting.

Posted by Brad on :

This letter is in regards to shares in your brokerage account being "loaned" out for shorting if you have a margin account. This is a letter someone from another board received and the way I read it is that even if you have a margin account, as long as you don't hold a debit balance and your security is not a marginable security, your shares wouldn't be loaned out for shorting purposes. I think people need to distinguish between this issue and whether your shares were being sold to you illegally by the MM's by naked shorting. Two different issues.

Issue 1 - You may have purchased shares of CMKX that were illegally naked shorted by the MM's. Regardless, your shares you now own are just as real as the next guy's and the MM's will have to make good on it eventually.

Issue 2 - Can your shares in your account be shorted (or loaned out) for trading purposes which is legal. The way I read the letter the answer is no, regardless of your account type since CMKX is not a marginable security. Read the letter and you decide.

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

Dear ------------------------:

Thank you for contacting us today concerning CMKX.

At this time, CMKX trades as a ?Pink Sheet.? Ameritrade does accept orders for
securities Pink Sheet, and other Non-listed securities, sometimes referred to as
Over the Counter Bulletin Board (OTCBB) securities. Because investing in OTCBB
securities can be risky, please review "Ameritrade's OTCBB Securities Trading
Rules" carefully to determine if this is an appropriate strategy for your
investment goals, financial resources, risk tolerance and experience. To find
the OTCBB rules log on to your account to access our help center and click
?Bulletin Board Stock Trading Restrictions.?

Only shares held in a margin account with a debit balance can be loaned (to
short sell) or to secure a loan. Since CMKX is not a marginable stock, shares
may not be loaned to short sell regardless of the account type. This also means
that you cannot sell CMKX short in your account.

If you place an order to be executed, Ameritrade will send your order to a
market maker for execution. Because OTCBB orders are a manual process, the
market information for these securities cannot be guaranteed. OTCBB securities
are also frequent targets for fraud or market manipulation. Not only because of
their generally low price, but also because the reporting requirements for these
securities are less stringent than for listed or NASDAQ® securities. You should
carefully review all of the information regarding any company you want to invest
in, prior to making a trade. Please report any suspected occurrences of fraud to
your state securities administrator, the NASD or the SEC.

Recently, CMKX announced a distribution of shares to qualified shareholders.
Generally, qualified shareholders are entitled to the distributed shares if they
are holding a position at the market open on the ex-dividend date, or have a
settled position on the record date if not quoted ?ex? by the NASD. At this
time, we don?t have any further details on the distribution from the transfer
agent.

Shares in your Ameritrade® account are held electronically with The Depository
Trust Company (DTC) or are registered to Ameritrade directly as custodian For
Benefit Of (FBO) your account. This is common industry practice known as
"Street Name." Shares held in street name may be traded pursuant to the terms
and conditions governing the account.

You can request stock certificates online, as long as they?re issued with a
title identical to that of the account owner?s. To request a stock certificate
online, log on to your account and click the "Account Services" tab. Under
"Withdrawals,", click ?Requesting a Stock Certificate.?

There are several market makers who make a market in this type of a secuirty.
There is not just one.

If you have further concerns or inquiries, please reply to this message.

Sincerely,

Laurie Wake
Apex Reorganization and Safekeeping, Ameritrade
Division of Ameritrade, Inc.

[This message has been edited by Brad (edited July 30, 2004).]

Posted by rde3 on :

Lots a buys at 0.0005

Posted by JBCak47 on :

"These small companies are not stupid. Why limp along mining for years and years to come? Why not ride the gravy train by pooling resources and joining forces? United we stand, Divided we fall."

See! See! This is what I am thinking! Debeers wants all these people out of business and for them to sell their cliams...

If all the little guys band togther, they save their businesses and retain control, giving up some amounts but in the end they are doing it for survival... They can beat out Debeers and still make everyone money, versus Debeer's plan where NO one except Debeers makes money.

-John-

Posted by WWJD-thru-me on :

I am not sure who posted the newer visual aid to the flow of companies maybe Paul. That was great. Thanks and Hi Paul. Nice to hear from you. I bought more today at .0005. The meetings in Canada next week with our various partners may result in us getting the full picture. That would be share structure, samples reports and filing and fully reporting. This is my opinion and a bit of wishful thinking -but not unrealistic with Roger Glenn in attendance.

Catch me in concert tonight in Southbury, CT at the Cosmic Glue Cafe -134 Main Street-The hours are 7:30-11:00 PM. It is a Christian Coffeehouse and I will be doing lots of original music like 'The Refrigerator Polka' and 'Vinyl Siding' and other great Christian songs. I'm kind of a folkie type singer with pretty good lyrics if I say so myself. I'm leaving Massachusetts early to beat the Friday traffic so I hope everyone has a good weekend. IMO-DD-GLTA-Debi

Posted by JBCak47 on :

Hey goodluck Debi! Sounds interesting, I am on Long Island, a swim away from CT!

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

I love these merger/acquisitions of companies!

Congrats on getting more shares... keep it up and we will label you a Market Maker, symbol WWJD

Lol...

Question, Nevada Magnetics, owned by UCAD. What exactly is this subsidiary about? Thanks in advance.

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

Money P/ Pharm

Good morning I am sick today, under the 'weather' or some stoamch/ebola type virus ! Whoa! contimanted shares?!?!?

Yuck.... oh well it could be worse...

I hope all is well by you. It's been so peaceful with out a specifiic member posting his needless negitivity about our stock! asswall....

-John-

Posted by noahltl on :

From another board

IT ALL COMES DOWN TO THIS
« Thread started on: Today at 10:52am »

--------------------------------------------------------------------------------
With D-Day coming (T minus 15 days and counting) the MM’s will pull out everything they have in their toolbox to make their losses as little as possible. Over the next two weeks we will see things happening that many of us never experienced before in trading business. The losses to the MM’s could potentially be in the billions fo dollars and, they will not take it lightly.

I just read a post about etrade notifying customers of canceling their NMCX accounts and stating the necessity for those customers to reply and decide what they will do with their shares. Two days ago, we saw a huge panic on this board with the Ameritrade issue. The post was probably the highest viewed and highest responded post ever on this board. Yesterday PalTalk was in a state of panic over the etrade responses about CMKX. Clearly all of this information has created a “nervousness” amongst the CMKX investment community.

This is the beginnings of attempts by MM’s to disrupt confidence and create havoc to us. Many different companies stock prices run and fall based on investor confidence. Ours is no different. The MM’s have played their mind games with us (6 positive pr’s and no pps movement). Their psychological games will get even more deceiving. They must do things to try to shake even the wisest and longest CMKX shareholder. Their liabilities for naked shorting this stock are more severe than anything they have ever done before. Hence the belief that CMKX will be the stock of a lifetime. It will take down several MM’s I believe while making many of us a lot of money.

Over the last month, we’ve seen one of our board “guru’s” sell off (Joel) and try to create fear about our company. Joel was highly respected by many, and I’m sure some were shaken and sold off their shares when he made his announcement. IMO Joel was a setup from the beginning. I also am confident there are others waiting for the right moment to take over where Joel left off. I am sure we will see some we have come to respect to jump ship and continue implementing the fear tactic the MM’s want to use. This is just one of the things I believe we’ll see.

We have seen the confusion between Pacific and Global. In that confusion we heard about a fake letter and fake pr. IMO we will see fake letters and/or pr’s again. It worked before and they’ll use it again.

We have seen an increase in the amount of bashers on the board. Know this; just before CMKX ran to .0011, there were more bashers on the official board than there were shareholders. Watch for that. It is a great tell. I actually welcome them. It means something is coming. When you read something on a board, look at how many post is credited to the poster. But also note the poster might be a basher in disguise. Someone that has many post to their credit and now is “switching” their opinion of our stock.

We will see other sites posting opinionated news (like stockwatch, baron, etc) that will put a negative spin on things about CMKX. They will plant seeds of doubt with their speculations. None of us know who owns these sites or who pays what to get something on them. Take what you read with a grain of salt, unless it comes from an official pr from our company. The MM’s will use the media as another outlet to cause fear and doubt. Remember fear and doubt is what makes the market. Feelings are what drive the price of shares up or down. The stronger you feel, the better position you’ll be in to make correct decisions. We will soon be tested like never before. They will fling as much **** against the fan as they can to loosen shares from your hands. Hold long, see the bigger picture, accept the fact that it may take time, but ultimately we will be greatly rewarded. Keep the confidence in this stock positive. We are bigger and stronger today, than we ever were. We will win.

All is STILL better than well.

Mike

Posted by noahltl on :

here's the EASY TO READ CLAIM MAP POSTED BY JON_E_OG @ I hUB

be sure to put your sursor on the lower right corner until the icon appears, then click it, to enlarge the image for better viewing
http://titangold.com/CMKXMap2.jpg

WHITE = DeBeers

RED = SHORE Gold & Short STAR Diamond Project

BLUE = CMKX

GRAY "OTHER" = Nevada Minerals' 500,000 acres, incl Candle Lake
--------------------------------------------------------------------

REVIEW: ALL THE "OTHER" AREA IN GREY WAS THE PROPERTY OF NEVADA MINERALS INC - NOW ONWED 40% by UCAD & 60% by CMKX.

SO, AN UPDATED EASY TO READ CLAIM MAP WOULD IMHO ALSO INCLUDE ALL OF THE GREY AREA INSIDE THE "BLUE" LINE since it is majority owned by CMKX

The PRs for Nevada Minerals substantiate the above areas chaded in grey and labeled "Candle Lake" are the 500,000 acres previously owned by Nevada Minerals
http://tinyurl.com/6atap
http://tinyurl.com/3tlde
http://tinyurl.com/47jg2
http://biz.yahoo.com/bw/040726/266016_1.html

Posted by noahltl on :

Melvin announces he will not participate in PalTalk during 'market hours'.

Someone complained that any talk he may put out there, could be considered insider information since not every shareholder listens there.

It was just a b.s. complaint, but Melvin will pull out during those hours to avoid "making waves"

Posted by TradingWizard on :

I reviewed the map, and looks like there is no room for expansion for other folks surrounded by CMKX - big sqeeze

John this one for you . Read your last post, but someone locked up. Hope your investment pays out, your'e young and future is looking bright....just adding my cherry to the pie.

Posted by HarryHar on :

Testing

Posted by noahltl on :

Interesting Info from Ameritrade and another board.

CashinIn
Ameritrade Users!
« Thread started on: 07/29/2004 at 16:29:51 »

--------------------------------------------------------------------------------
I called Ameritrade today and talked with a lady named Susan. Here is what I asked and her answers.

Q: Once UCAD goes into my account will there be a fee for holding restricted shares for 1 year?

A: No fee for holding them, but there will be a $250 fee once the year is up and the shares of UCAD are able to be sold.

Q: What about CIM, they are not even a traded company. Will I have a fee for this?

A: To hold them no, but again once they become sellable there will be a $250 fee.

Q: What if I want to hold my CMKX, but don't want my dividends. Do I have to have these dividends?

A: Yes.

She told me to call her back in 2 weeks and she will have more info. on how many dividends I will have and if it's worth keeping. She was really nice and helpful. Thanks, CashinIn

Posted by noahltl on :

It pays to look back: I think UC's strategy outlined about 18 months ago is coming to fruition. Look at these two sections of an old PR. He seems to be following his original plan. Maybe some of the smart people here can make some good predictions if this continues to play out.

Casavant Mining Kimberlite International Announces

Business Editors

LAS VEGAS--(BUSINESS WIRE)--Jan. 7, 2003

"..... Fourth, CMKI, as previously announced, plans on approving at its majority shareholder meeting a mandatory share and cash dividend policy. The share dividend policy reflects the Company's acquisition strategy that identifies undervalued take-over targets in mineral resource and related businesses. The Company is currently evaluating 7 companies each of whom will benefit from new managerial economic assessment, asset appraisals, accounting peer review and legal restructuring.

Posted by JBCak47 on :

Does anyone think Debeers has, was or is trying to put Cmkx out of business along with perhaps others in that area?

I know this is some outlandish theory but if Debeers values their 55k acres of land at 40 Billion, would it not behove Debeers to try anything possible to 'corner the marker'?

Guys Debeers has already been fined for doing this in diamond trading and if they did it there is it not possible they may have just applied their position to monopolize not just one part of the diamond industry but others as well. Buy controling this land, they would gain in the ability to accomplish just that. If they tried to control one area, I honestly think they may have tried to put some of these smaller mining companies out of business.

Does anyone know if Debeers is connected to any or some of the already sued trading firms/Market Makers and the ones that handle CMKX?

A simple way to put a penny stock out of business would be to naked short it, apperently in theory as we have learned over these last couple of months.

I am not making any cliams here, just posting a thought...

Anyone care to disect?

-John-

P.s.

Thanks so much for those sweet comments I really hope everyone on here suceeds in what we are doing, individually and collectively!

[This message has been edited by JBCak47 (edited July 30, 2004).]

Posted by noahltl on :

John

I wouldn't be surprised if deBeers may have been a client of the MM's who have been naked shorting. It may have been for deBeers instead of themselves. I had posted once before that IMO, after UC slicked them on the mineral rights, they may have tried to take over the company by shorting the OS, driving the price down to .0001 where they may have attempted a take over. All IMO and I don't think we can get the evidence. I don't think deBeers would have made their favorite MM public information. But I think one thing is for certain, they would sure like to have our holdings now.

Posted by bill1352 on :

well i guess there is a charge of $250 to sell...i called and the first guy said no but just to be sure i tryed again and this time they said yes there is a $250 charge to sell the shares after 1 yr because of the cost to move the shares around thus there probably is also 1 for cim...cim better be worth it and unless we get enough shares of ucad it may not even be a break even dividend

[This message has been edited by bill1352 (edited July 30, 2004).]

Posted by JBCak47 on :

Noah,

If that is truely the case I wont sell now until at least a dollar lol...

-John-

Posted by WinsumLosesum on :

quote:
Originally posted by bill1352:
well i guess there is a charge of $250 to sell...i .]

Reminds me of a Seinfeld episode where George gets two free tickets to a play. He calculates that in addition to the play, there's the cost of dinner, drinks afterward and cab fare both ways. He then waves the tickets in the air and exclaims, "Jerry, what I'm holdin' here, is a BILL for 200 dollars!"

I doubt that this will be the case...

Posted by CS on :

Someone who claims to have spoken with Melvin and asked re drilling. Melvin replied there is "no drilling at present moment" because of strict gov't regulations as they are on crown land. Asked re: Green lake drilling by second party answer "NO" sooo who knows when they will start drilling?? Summer is almost over!, I don't know if this guy on Ragging Bull site {Sterlings site} is telling the truth but I think I have enough shares for now. So if this is true what does this mean? I guess it means it will be a while if they ever find anything.

Posted by tahoechris on :

they can drill year round, relax. its not like summer is the only season to drill.

Posted by Pieman99 on :

quote:
Originally posted by tahoechris:
they can drill year round, relax. its not like summer is the only season to drill.

Yeah! also...24hrs a day 7 days a week

Posted by TradingWizard on :

Must be a dinner time.

Posted by tic_toc on :

just reposting this here as the other threads screwing my browser up and I cant read it without scrolling sideways...

DrDiamond
Merger has always been a possibility
« Thread started on: Today at 11:08am »

--------------------------------------------------------------------------------
We have always mentioned that a merger was a possibility and a probability for CMKX for many reasons. Although some recent poster is trying to make a claim to fame of coming up with the idea of a merger for CMKX you would have to go back a couple of years to get the first mention of this for CMKX. And more recently over the last few months, others of us have mentioned the real possibility of a merger, but held back due to the sensitivity of the information to the possible plan. So I will attempt to be as generalized as possible in this post.

Some things to consider are that Merger news tends to make investors crazy. Sometimes the acquisition efforts pan out, sometimes they don't. Sometimes the acquirer's stock fades on the news while the target company advances; sometimes they both fall. The factors in a merger that can cause price movement are endless. Usually investors first want to know if the acquiring company, whether CMKX or another is going to dilute its stock by issuing a ton of new shares to make the purchase. If the deal is for stock, then the acquiring company's shares will typically fall on the news. If the deal is for cash, then investors might fear that the acquirer is overpaying or facing a burdensome debt load another which would be another reason some might decide to punish its stock and drive the PPS down by selling.

Shares in the target company, such as CIM or UCAD would obviously rise on merger news when the bid comes in at a substantial premium to their current price. Occasionally the bid is not much of a premium, indicating that the acquirer thinks shareholders will be willing to sell out at almost any reasonable price. In those cases, the shares will often fall sharply in value. In any event, despite grand pronouncements by companies, Investors are usually dubious of the merits of acquisitions: The acquirer is often considered guilty of over stepping its abilities until proven innocent. The announcement of a merger should be neither a reason to buy or sell a stock. Find the acquiring company's press release and SEC forms, and thoroughly read them to determine whether it will enhance the value of your shares or not.

Often mergers take months to consummate, so you won't have to act right away. Study all available materials closely before deciding whether to stay in your shares, sell, or buy more. Mergers are not always received well by both companies but there is another option that takes the sting out of the merger equation.

Since mergers have been brought up again we might as well take a look at a very real possibility that lies before us. This is an option that has not been taken into consideration by many when looking to a merger and that is the possibility of a form of what I would call a “strategic merger”. The strategic merger I am referring to has been given a term called a “reverse merger”. This is not a very familiar term to the average investors but it is a very useful tool if CMKX chooses to utilize it. CMKX could use this and may very well have a plan set up for the use of this technique. UCAD may not fit the build perfectly but could be used or some other company we relate too, such as CIM, could very well be a prime candidate for a "reverse merger" with the exception that CIM is non-reporting at this time. A situation that could quickly be remedied or could be IPOed at an upcoming date.

A reverse merger is a process or method by which a company such as CMKX can use to go public or reach an exchange. Let’s take a brief look at what we can find in a reverse merger. In a perfectly situated reverse merger, a private company (non-reporting) merges with a public listed company with no assets or liabilities similar to CIM. This type of a public company is also called a "shell" corporation. The reason that this publicly traded corporation is called a "shell" since all that exists of the original company is its corporate shell structure.

By CMKX merging into such an entity, the company could become available on an exchange very quickly with very little hangover possibility. With all assets in tact CMKX could emerge from a non-reporting status in the Pink Sheets to a fully reporting status on the OTCBB, AMEX, etc…

In this scenario CMKX would merge into a fully reporting company and obtains the majority of its stock (usually 90%) and would also normally change the name of the shell corporation (often to its own name) and will appoint and elect its management and Board of Directors. The new fully reporting corporation has a base of shareholders sufficient to meet the 300 shareholder requirement for admission to quotation on the AMEX or the NASDAQ SmallCap Market.

The advantages of CMKX becoming fully reporting and moving to exchange trading status is notable including the possibility of commanding a higher price for a later offering of the company's securities in an IPO. Going fully reporting through a reverse merger allows a company to achieve these desired results typically at a lesser cost and with less stock dilution than through an initial public offering (IPO). While the process of going newly public and raising capital is combined in an IPO, in a reverse merger (also know as a "blind pool" merger) these two functions are unbundled; a company can accomplish these goals without raising additional capital. Through this unbundling process, the process of going newly public is simplified greatly.

If CMKX chooses to go this route then they obtain the benefits of the newly public trading of its securities on its own exchange, namely:
• Increased liquidity of the ownership shares of the company
• Higher share price and thus higher company valuation
• Greater access to the capital markets through the possibilities of a future stock offering
• The ability of the company to make more effective acquisitions of other companies using the company's stock minimizing dilution on a purchase
• The ability to use stock incentive plans to attract and retain key employees
The benefits of going newly public through a reverse merger, as opposed to an IPO, are the following:
• The costs are significantly less than the costs required for an initial public offering
• The time required is considerably less than for an IPO
• Additional risk is involved in an IPO in that the IPO may be withdrawn due to an unstable market condition even after most of the up-front costs have been expended
• IPOs generally require greater attention from top management
• While an IPO requires a relatively long and stable earning history, the lack of an earning history does not normally keep a privately-held or non-reporting company from completing a reverse merger
• The company does not require an underwriter
• There is less dilution of ownership control
• You will receive a higher valuation for your company
Requirements prior to entering into a reverse merger are the following:
• A private or non-reporting company will require approval of the majority of its stockholders for a merger with a fully reporting public corporation even if it is a shell company
Once a company is taken newly public through a reverse merger the financial markets hold the following future prospects in the capital markets for the newly public corporation:
• The market value of a public company is often substantially higher than a private or non-reporting company with the same structure in the same industry
• Capital is easier to raise for because the stock has an established and proven market value and can be readily traded
• The public trading price of the public company's securities serves as a benchmark for the offer price of a subsequent public or private securities offering
• Form S-8 stock can be issued for officers, directors and consultants
• If the stock dividend distribution included warrants, the new company can receive proceeds from the exercise of those warrants if the trading price of its common stock exceeds the exercise (strike) price of warrants.
(source for reverse merger information can be seen at http://www.ipo-merge.com/reverse.html)

Helping us stay informed.

Just opinions and speculations and I ask that you treat them as such.

Dr.D

Posted by tic_toc on :

same applies....

holyguy7
MEGA-MERGER PREDICTIONS
« Thread started on: Today at 03:48:10 »

--------------------------------------------------------------------------------
MEGA-MERGER PRIDICTIONS
By Holguy7

Well, the mega-merger seems to all be coming together. I want to give you a few predictions that will happen in the near future as press releases come out.

Now, follow me here. When we get done purchasing Juina, UCAD and CMKX will together own quite a few companies. Let me break this down:

It appears pretty obvious that there is going to be a merger between CMKX and UCAD. This will mean:

Juina, Nevada Magnetics, Nevada Minerals, UCAD and CMKX will become ONE MEGA-MINING CORPORATION.

You can possibly add in there Yellow River and COD Mine as well if CMKX or UCAD gets 20% ownership of those claims.

Why is CMKX the one that spearheaded this MEGA-MERGER? There are a few reasons that come to mind.

These small companies are not stupid. Why limp along mining for years and years to come? Why not ride the gravy train by pooling resources and joining forces? United we stand, Divided we fall.

Things are definetly getting exciting.

Posted by STAR GAZER on :

major .. MAJOR .. MAAAJJOOORRR DEVELOPEMENT
I just got my renewal notice for the Rim of Fire International investment publication, a $135/year service, so you know its not a fly by night service. In order to entice people to renew their subscription without having to send them multiple renewal notices they said that for the people that renew now, and not for the people that renew later on they will send them information on a special situation. Quote: "This is anything but a normal Rim of Fire Investment Alert which are far more conservative. Our regular investments go up 64% to 172%. This is good money, but if you're like most investors, you probably yearn for even more explosive profit opportunities. Mini-penny mining stocks offer profit potential that's next to impossible to top. With mini-penny gold and diamond mining stocks, you can get the potential for a profit of $100,000 or even $1,000,000 with only a few hundred dollars at risk. Today is similar to the time in the '70's when penny gold stocks were dynamite. As intriguing as these mini-penny mining stocks are, they are mostly traded on the Australian Stock Exchange and you would need a broker able to trade Aussie stocks. But if you renew your subscripton before September 15th I will give you a write up about a Canadian diamond mining stock with a land position in Saskatchewan. You can buy 1,000,000 shares for $500 at .0005/share, and there is a good chance that you will make $1,000,000. Even if it only goes up to 10 cents a share, you will make $100,000. The results from this company will start filtering into the market over the coming months. As excitement builds, the stock could take off at anytime. Sure this is a long shot, but what's the downside with so little at risk?"
To me that sounds like he is talkeing about CMKX, in fact, as far as I know, there are no other diamond stocks in Saskatchewan that trade at .0005/share. The Rim of Fire does not feature fly by nite stocks, they solidly research the companies that they feature. Hey, this is the start of wall street starting to notice our stock. People have said that we are a bunch of pumpers and bashers but that none of us really know what we are saying and anyway who will really beleive or listen to us. Well now we have confirmation. Other people/services are starting to notice and talk about CMKX. I will renew my subscription and see what they send. Should be interesting/informative.

Posted by Damian on :

hey StarGazer... what is the name of this newsletter companies website...???

Can you tell me please?

Thx

Posted by TradingWizard on :

StarGazer thanks for sharing this with us.

Posted by TradingWizard on :

Just posting what neighbours are finding:

More Diamonds From Saskatchewan Sampling

By Ketan Tanna Posted: 7/30/2004 1:37 AM

(Rapaport...July 30,2004) Shore Gold Inc. has recovered its third set of diamonds from the company's Star Diamond project in Saskatchewan. This includes the “the largest diamond yet discovered in Saskatchewan,” according to a company press release issued on July 29.

These results came from five kimberlite batches of a total of 80 to 100 kimberlite batches that are going to be processed as part of the Star Diamond project's bulk sampling program. A total of 1,459 commercial-size diamonds weighing 227.56 carats have been recovered from the treatment of 1,572.6 dry tons of kimberlite.
http://www.diamonds.net/news/newsitem.asp?num=10080&type=all&topic=all

Posted by TradingWizard on :

This is interesting read for tonight, if some of you are still around:

Topic: ECPN could be the next target of CMKX... (Read 1025 times)
driller
Diamondologist
member is offline
Gender:
Posts: 459
ECPN could be the next target of CMKX...
« Thread started on: Today at 1:43pm »

--------------------------------------------------------------------------------
UCAD struck a deal with them on May 14th.

The Chinese are buying their iron ore originally set a tonnage of 1,800,000 tons. They just put out a PR on the 28th that the Chinese upped their tonnage contract to 3 million tons out of the Capitan,NM site. That site has another estimated 22 million tons of iron ore in reserve after that deal.

ECPN also owns the COD complex of mines near Kingman,AZ... that are going to be an instant cash cow from the tailings ponds they will have GOLD AND SILVER in the next 30-60 days that was back on may 13th. That puts them into production right about now.

They also have copper,lead and zinc.

UCAD supplied a 3 person crew, operating capital for 90 days,fuel, equipment and the the maintenance. ECPN manages the operations relating to the ponds.

In exchange UCAD gets 50% of the revenue from the tailing ponds of gold and silver that should be coming anyday now since they should be in production already.

Now get this... UCAD acquired 80% ownership of the mining claims of the COD mines in AZ in exchange of 720,000 shares.

Now since this PR was dated May 13th and UCAD's contract runs out after 90 days (which is August 13th just 7 days before the dividends will be distributed to CMKX shareholders) with the tailings pond for gold and silver which is already in production more than likely by now... look for CMKX to be cutting a deal with them too.

Remember what I was telling all of you months ago that they would be exchanging equity into other projects and companies that are operating bringing in immediate cash flows both foreign and domestic.

Have anyone of you found out what the spot price of a ton of iron ore is? Have none of you noticed those PR's of tonnage of ECPN's Chinese iron ore deals have no valuations of the iron ore on them? The iron ore spot market is at least $40-45 a ton.. that's right! So that deal with the Chinese is worth are you ready for this .....
$150,000,000 dollars and there is another 22 million estimated tons left of iron ore in Capitan,NM... that means the mine could be worth up to $990,000,000!

That doesn't includes the testing that is showing up that includes traces of palladium and others.

Now get this UCAD also struck a deal to be a consultant to UPCN for 2 years with an option to buy 1,000,000 shares at .43 cents and get this.. to study and identify merger ventures acquisitons,jv's and strategic alliances.

Can you say cash cow for gold and silver which is already probably bringing in revenues as we speak, mega iron ore deals and other in demand minerals at 2 different sites in NM and AZ worth over a billion dollars right off the top for starters.

This has Urban written all over it.

Today is the last day you can buy shares before the 3-1 forward split takes place. They will be free trading and will not be restricted and should be in mine account by next week I was told. The AS will be increased from 50 Million to 100.. so the pps will dip maybe half of it's value.. but it will be temporary and should bounce right back up with all of the good news coming soon like minings tailing gold and silver being delivered, iron ore valuation in the hundreds of millions of dollars, in my opinion CMKX becoming a partner this will all come out after the 3-1 split in my opinion and with that news it will go back up.

The end result is that i think Urban will have a cash cow to join his ranks of growing companies and this one will bring in huge valuations with instant cash flow and sustained profits for years to come.

Driller http://c m k x . p r o b o a r d s 3 5.com/index.cgi?board=general&action=display&num=1091213010

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

Posted by TradingWizard on :

Its quite here tonight, bet some of you will come out in the morning to read, so here yah go:

Posted by: zeninvestor32
In reply to: None Date:7/30/2004 9:50:51 PM
Post #of 66960

WHAT TO EXPECT??

2 news releases last week.
3 news releases this week.
How many news releases next week?

I believe this will continue to accelerate as the end of the month approaches.

Anyone notice Shore Gold's and Kensington's performances over the past 2 days? The FALC region is hot and seems to be getting hotter.

Roger formally stepped on board just under 2 months ago. IMO we are just beginning to see the tip of his master plan. I reiterate that empire building is not a hasty process. The fact that we are already seeing the plan unfold is impressive. No we didn't get Xmas in July but I think things are progressing towards a blistering hot August. When you increase the heat one degree at a time, eventually water boils. I don't know what event will tip us past the boiling point, but I still firmly believe it will happen before September 1. My guess is that JEFF and his buddies are betting against that. Very bad bet IMO.

As always, these are my personal opinions.

Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
http://www.i n v e s t o r s h u b . c o m /boards/read_msg.asp?message_id=3697657

Posted by TradingWizard on :

Q: How does a diamond feel when it wakes up in the morning?
A: Shiny and bright.

Q: What did the ruby say to the diamond?
A: You're so clear you make me blush!

Q: A man asked his girlfriend to marry him by getting down on his knees and offering her one beautiful diamond earring. She accepted happily but asked why her engagement gift was only a single earring.
A: He replied, "I'm on a lobe budget."

Q: What do you call it when a dog eats your wedding ring?
A: A Diamond in the "Ruff."

Q: Why do diamonds last forever?
A: Because they are hard.

Posted by darrenbaker on :

Because they are hard.
Thats FUNNY!!!!!!!!!!!!

[This message has been edited by darrenbaker (edited July 30, 2004).]

Posted by noahltl on :

It's definitely a slow night here with that kind of humor. LOL

Posted by newbe on :

Anyone see being able to buy at .0003 Monday morning 8/2

Posted by noahltl on :

newbe, can't forsee anything that would allow that to happen. Maybe if you were an MM, but that would be the only way IMO.

Posted by noahltl on :

This topic is being discussed on another board, what's everybody here think?

This weekend, lets speculate on why
« Thread started on: Jul 30th, 2004, 8:14pm »

--------------------------------------------------------------------------------
This weekend, lets speculate on why D. Roger Glenn, (our attorney bigwig), is going to Canada with management. (as announced in the PR on buying the new land). The announced reason for management to make the trip is to 'view the site, and plan a drilling schedule',Glenn is going along ' to expand his knowledge of the company and operations, to help in becoming fully reporting'.
If Glenn is just going along to look at trees, (what else is there for a layman to see), why announce it ?
If management AND their lawyer, go somewhere, there is usually am Important reason for it. Speculation?

Posted by newbe on :

quote:
Originally posted by noahltl:
newbe, can't forsee anything that would allow that to happen. Maybe if you were an MM, but that would be the only way IMO.

PinkSheets lists the BEST BID @ .0003 for 1000000shares what does that that mean then.
They know all about the situation too?

[This message has been edited by newbe (edited July 31, 2004).]

Posted by noahltl on :

Newbe, MM's can / and do trade in the 5th digit. e.g. .00034, which would show up on Pink sheets as .0003. But we can't deal in that fifth digit, so we have to bid at the next 10 thousandth. MM's also have special 'deals' between themselves for raising and lowering prices. Since the MM's seem to be in complete control of the price at this time,they can do pretty much whatever they want. If you're trying to get in on this very volatile stock, the difference between buying at .0003 and .0004 (where you might have a chance)is only a hundred dollars per million shares. If you're just looking for a bargain take a shot at it, but if you really want in, I wouldn't play around for a hundred bucks. This stock could take off at any time and then you would be chasing it to get in. All of this is only my opinion, and it is your decision to make. I'm just tryting to tell you the way I see it.

Posted by noahltl on :

Interesting DD from RB on OS. (If you were new to this game, you'd never figure that sentence out. LOL

By: pedro20040
30 Jul 2004, 10:15 PM EDT
Msg. 55745 of 55864
Jump to msg. #
Information on O/S that may be of interest.

I was rereading the SEC purchase contract filed by UCAD.

A lot of people questioned about UC holding more than 50% of the outstanding shares of CMKM.

I believe I may have proof that this is true.

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

I believe we are all aware that corporate decisions must be approved by:
1. The Board of Directors , and
2. A majority shareholder approval (51%).

In order for CMKM to approve the sales of assets to UCAD, both items above must have been approved at some unknown meeting.

I was never mailed any voting ballots nor have I signed a proxy allowing another individual to vote on my behalf.

So let’s stick with item 2 above “A majority shareholder approval (51%).”

Under Nevada Corporate Law any decisions to buy and/or sell assets of the corporation must be approved by a majority shareholder vote.

NRS 78A.070 Shareholders’ agreements: Authority to enter; effect; amendment.
1. All shareholders of a close corporation who are entitled to vote may agree in writing to regulate the exercise of the corporate powers and the management of the business and affairs of the corporation or the relationship among the shareholders of the corporation.
http://www.leg.state.nv.us/NRS/NRS-078A.html#NRS078ASec080

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

I was reviewing the UCAD purchase agreement and discovered something very interesting. (Section 5..)

5.1 Organization of Seller; Authorization. Seller is a
corporation duly organized, validly existing and in good standing
under the laws of Nevada with full corporate power and authority to
execute and deliver this Agreement as it pertains to any
representations or untertakings of Seller. The execution,
delivery and performance of this Agreement has been duly
authorized by all necessary corporate actions of Seller and this
Agreement constitutes a valid and binding obligation of Seller,
enforceable against it in accordance with its terms.
http://www.sec.gov/Archives/edgar/data/1104194/000123224704000032/enio12.txt

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

At some time there was a meeting held about the sale of assets to UCAD.

At this meeting CMKM Board of Directors voted and approved the sell of assets to UCAD.

At this meeting a majority interest (more than 51%) of CMKM Shareholders voted and approved the sell of assets to UCAD.

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

The same scenario is used for the purchase of “25% of Juina Mining.”

At some time there was a meeting held about the purchase assets in Juina Mining.

At this meeting CMKM Board of Directors voted and approved the purchase of assets in Juina Mining.

At this meeting a majority interest (more than 51%) of CMKM Shareholders voted and approved the purchase of assets in Juina Mining.

/
/
/
/
/

What this is saying is that no matter “what” the issued and O/S of CMKM shares, UC and the CMKM Board of Directors have always maintained a 51% shareholder voting privilege.

Posted by STAR GAZER on :

Back again. Damian, when I resubscribe this time, I'm going to do it with their e-mail service. Right now all I have is their address and phone number:
Rim of Fire Investment Alert
268 W. Coleman Blvd. Suite 2C
Mount Pleasant, South Carolina 29464-5650 USA
Open 7 days a week, 24 hours a day at 1-843-388-1572 States for fastest service call Elaine at 1-866-500-6746

Posted by tahoechris on :

Melvin will be on Paltalk tomorrow at noon with an announement.
richinfolsum passed along:
SEC is monitoring the room. Informed by Ron C. and Sterling.
Urban suffered a stroke this weekend. Pretty serious but he is doing well

Posted by STAR GAZER on :

TradingWizard, on Thursday, on the Stocks over 0.10 board I brought up ECPN and that anyone that bought shares on Friday 07-30-04 would receive a 3 for 1 forward stock split. Friday I bought 2,295 shares at 0.60 and now my Ameritrade account says that I have 6,885 shares. Of course, they are now only worth 0.20/share, but my experience with stocks that do a forward stock split is that they tend to edge back up to their previous price because people are used to seeing them at a higher price. Hopefully I didn't get this backward, but stocks that I have bought after a reverse split have always gone down, partially because people were used to seeing them at a lower price. On the other hand, with fewer shares, it is easier for buying pressure to increase the price of the stock, and if it has strong fundamentals it will eventually go up. I just brought this up because you mentioned ECPN.

Posted by STAR GAZER on :

It's nice tonight. Nobody bad mouthing other people, just bringing up or discussing information about CMKX. Sorry to hear that about Urban. Hopefully he will have a complete recovery.

Posted by STAR GAZER on :

On the Sterling Raging Bull site it says that Urban only had a mild stroke and that he is recovering fine.

Posted by STAR GAZER on :

Some people were also complaining that it was costing the company big bucks to sponcer a racing car. But other people brought up that it appears that CMKX has been able to come up with big bucks and that the only reason that they could do this is because our land package must be worth big bucks, which will bode well for us. And since they have the money, they can afford to go into the car racing business. Besides, it keeps the name of our company in the limelight. Hopefully the limelight doesn't make us look green.

Posted by STAR GAZER on :

All in all, it looks like things are really starting to fall into place. I liked Brads write up a day or two ago that explained we are becoming an Empire.

Posted by STAR GAZER on :

Since Urban had a stroke I thought that I would mention EDTA, which some people thinks helps clean out the veins and arteries and thus help prevent heart attacks and strokes. From what I have read in my research, you need to take around 1,000mg a day for it to really be effective. Most companies that make EDTA have a bunch of other herbs etc added to their product, but only about 100mg of EDTA, so you would need to take 10 tablets/capsules a day to = 1,000mg Wonder Labs makes 625mg EDTA capsules, so one in the morning and one at night would give you your 1,000mg, plus some. A bottle of 250 capsules only costs $12 Of course, you would need to talk to your doctor before taking any. I wonder if anyone could tell Mr. Urban about this. He might think that it is bunk and get upset, but on the other hand he might say, Wow, thanks.
EDTA chelation is a therapy by which repeated administrations of a weak synthetic amino acid (EDTA, ethylenediamine tetra-acetic acid) gradually reduce atherosclerotic plaque and other mineral deposits throughout the cardiovascular system by literally dissolving them away.

EDTA chelation has frequently been compared to a "Roto-Rooter" in the cardiovascular system, because it removes plaque and returns the arterial system to a smooth, healthy, pre-atherosclerotic state. A better metaphor might be "Liquid-Plumr," because, where Roto-Rooter violently scrapes deposits off the interior surfaces of your plumbing with a rapidly rotating blade, Liquid-Plumr simply dissolves them away.

Roto-Rooter is a far better metaphor for conventional medical treatments for heart disease, all of which are closely tied to the concept of the cardiovascular system as plumbing. When a pipe/artery gets clogged, simply ream it out or flatten the deposits (angioplasty). If that doesn't work, just cut away the bad section(s) and replace it (them) with a new piece of pipe (coronary artery bypass graft, or CABG). It's the same basic strategy older cities use for replacing their century-old water mains. And we know how successful that is!

It is commonplace for physicians who regularly prescribe EDTA chelation to encounter heart disease patients who have failed all the standard treatments but who make remarkable - even unbelievable - recoveries once given EDTA. While the jury is still out on EDTA Oral Chelation Therapy for improved circulation, better cardiovascular funtion, and general overall circulatory system and heart health, the signs all point to some positive results for EDTA use.

All Available Sizes of this Item
Size Item No. Retail Discount Our Price
120 Capsules 9761 15.90 60% 6.35
250 Capsules 9762 30.65 60% 12.25

EDTA Chelation
The Real "Miracle" Therapy for Vascular Disease

The story of EDTA chelation therapy is as much political as it is medical. Consider these facts:

EDTA chelation may be one of the most effective, least expensive, and safest treatments for heart disease ever developed, yet it is practiced by perhaps only 2,000 physicians in the United States.
EDTA chelation is not typically covered by medical insurance, even though insurance companies would save billions of dollars each year if they did.
Although they save far more lives than conventional treatments for heart disease and other chronic degenerative diseases at a fraction of the cost, physicians who practice and promote EDTA chelation for these uses have been harassed, vilified, smeared, and, in some cases, driven from their profession by powerful medical societies and government agencies that practice and promote conventional medical treatments.
What Is EDTA Chelation?
EDTA chelation is a therapy by which repeated administrations of a weak synthetic amino acid (EDTA, ethylenediamine tetra-acetic acid) gradually reduce atherosclerotic plaque and other mineral deposits throughout the cardiovascular system by literally dissolving them away.

"Because EDTA is so effective at removing unwanted minerals and metals from the blood, it has been the standard 'FDA-approved' treatment for lead, mercury, aluminum and cadmium poisoning for more than 50 years."

CABG, known affectionately in the medical profession as "cabbage," is the most frequently performed surgery in the United States. At up to $50,000 per procedure, that indeed amounts to a lot of "cabbage," not only for cardiac surgeons but also for hospitals. As we shall see, these figures provide a powerful incentive for physicians to reject an effective, but inexpensive and unpatentable treatment like EDTA chelation.

It is commonplace for physicians who regularly prescribe EDTA chelation to encounter heart disease patients who have failed all the standard treatments but who make remarkable - even unbelievable - recoveries once given EDTA. Other patients, on waiting lists for CABG surgery, found they did not need the surgery following a series of EDTA chelation treatments.

EDTA exerts its beneficial effects on the body because this molecule is extremely proficient at chemically bonding with mineral and metal ions. This bonding process, known as chelation, is a natural and essential physiologic process that goes on constantly in the body. EDTA's chelating abilities make it ideal for many tasks:

Because EDTA is so effective at removing unwanted minerals and metals from the blood, it has been the standard "FDA-approved" treatment for lead, mercury, aluminum and cadmium poisoning for more than 50 years. EDTA normalizes the distribution of most metallic elements in the body.
Because it is so safe and effective, EDTA is also used widely as a stabilizer for packaged food. Minute amounts of EDTA (33-800 PPM) added to food help to preserve flavor and color and to retard spoilage and rancidity. (Read your food labels.)
Because EDTA inhibits blood clotting so well, it is routinely added to blood samples that are drawn for testing purposes.*
EDTA improves calcium and cholesterol metabolism by eliminating metallic catalysts that can damage cell membranes by producing oxygen free radicals.
Thanks to these and probably other effects of EDTA, it has been reported to have a wide variety of benefits.

*If you followed the O.J. Simpson trial, you probably know that EDTA was featured prominently. The defense contended that EDTA, supposedly found in certain of "The Juice's" blood drops at the murder scene, indicated that that blood had spent some time in a collection tube before being "planted" by the LAPD. If there was EDTA in Simpson's blood, though, it may well have come from the meal he ate on the plane ride from Chicago to LA.

EDTA Chelation vs. Conventional Therapy for Vascular Disease
Researchers first started to notice EDTA in the days during and after World War II when men who worked in battery factories or painted ships with lead-based paint began coming down with lead poisoning from their high exposure in these jobs. EDTA was found to be extremely effective for removing the lead from the men's bodies, but what really made people sit up and take notice was an apparent reduction in symptoms of heart disease in many of these men.

The first systematic study of EDTA in people with atherosclerosis was published in 1956.1 When the researchers gave 20 patients with confirmed heart disease a series of 30 I.V. EDTA treatments, 19 of the patients experienced improvement, as measured by an increase in physical activity. Another study 4 years later in a similar population found that 3 months of EDTA infusions resulted in decreases in the severity and frequency of anginal episodes, reduced use of nitroglycerin (a common anti-angina drug), increased work capacity and improved ECG (electrocardiogram) findings.2

It soon became clear from these and later studies that EDTA treatments result in progressive and widespread improvement and stabilization of cardiovascular function. This is in contrast to standard treatments, such as angioplasty or CABG, which instantaneously restore normal function in the few treated arteries, but leave the rest of the body completely untreated (there's every reason to believe that if arteries are clogged in the heart, they're also clogged in other vital organs, like the kidneys and brain). High-tech treatments for heart disease, such as angioplasty and CABG, long hailed as medical breakthroughs, are in fact, oversold, overpriced, and ineffective, especially when compared with EDTA chelation. The truth of this assertion has been demonstrated on numerous occasions over the last 2 decades:

The average mortality for CABG surgery is 4% to 10%.3,4 In fact, CABG has no overall effect on improving survival. According to one study published in the New England Journal of Medicine, "As compared with medical therapy, coronary artery bypass surgery appears neither to prolong life nor to prevent myocardial infarction in patients who have mild angina or who are asymptomatic after infarction in the five-year period after coronary angiography."5 By contrast, mortality rates for EDTA chelation, when carried out according to accepted protocols, approaches 0%.6
Grafted coronary arteries are more than 10 times as likely to close up again within 3 years compared with coronary arteries that are not replaced with a graft.7 Improved blood flow following EDTA chelation therapy is permanent as long as regular EDTA therapy (either oral or I.V.) is maintained.
Significant cerebral dysfunction, especially in older patients, is commonly seen following CABG.8 Because EDTA chelation restores blood flow to the brain, it often results in improved cognition and memory.9
Atherosclerosis is typically a body-wide disease. If your coronary arteries are occluded, it's a safe bet that arteries in your brain, kidneys, lungs, and other vital organs are also occluded. Angioplasty or CABG can clean out only a few arteries supplying the heart. Another surgical procedure, endarterectomy, is commonly used to clear out the carotid arteries that supply the brain. When patients who have undergone carotid endarterectomy are treated with EDTA afterwards, the degree of subsequent restenosis (re-occlusion) drops by 10%.10
Despite the danger and costs associated with these procedures, they are often only temporary fixes. Restenosis of treated coronary arteries occurs within 6 months in as many as one in three cases.11 By contrast, EDTA chelation permanently removes blood vessel obstructions throughout the body without dangerous and expensive surgery. How well does EDTA chelation work? Virtually every study that has looked at the efficacy of EDTA chelation in vascular disease has demonstrated significant improvements. Here is a brief sampling of a few of the major results:
A 1993 meta-analysis of 19 studies of 22,765 patients receiving EDTA chelation therapy for vascular disease found measurable improvement in 87%.12
In a study of 2,870 patients with various degrees of degenerative diseases, especially vascular disease, almost 90% of the patients showed excellent improvement, as measured by walking distance, ECG, and Doppler changes.13
A small, blinded, crossover study of patients with peripheral vascular disease found significant improvements in walking distance and ankle/brachial blood flow.14
In 30 patients with carotid artery stenosis, there was a 30% improvement in blood flow after EDTA treatment.15
Using retinal photographs in patients with macular degeneration, one researcher demonstrated significant improvement following EDTA treatment.16
EDTA chelation treatment was evaluated in patients with carotid and coronary disease using technetium 99 isotope techniques. Significant improvement in arterial blood flow and ejection fraction (a measure of heart pumping ability) was reported.17,18
When 65 patients on the waiting list for CABG surgery for a mean of 6 months were treated with EDTA chelation therapy, the symptoms in 89% (58) improved so much they were able to cancel their surgery. In the same study, of 27 patients recommended for limb amputation due to poor peripheral circulation, EDTA chelation resulted in saving 24 limbs.19
Negative Results?
Of course there have been a few studies that did not (at first) seem to support the efficacy of EDTA chelation therapy. The most prominent apparently well-controlled studies have been two Danish trials 20,21 and a New Zealand trial,22 all of which reported no apparent benefits. A close analysis of these studies, however, revealed problems with both the controls and the interpretation of the data.

"Because EDTA chelation restores blood flow to the brain, it often results in improved cognition and memory."

As noted by Chappell and Janson,6 the standard EDTA chelation treatment protocol was not followed in these trials. They all included primarily smokers (notoriously poor responders) with severe vascular disease who received only 20 I.V. treatments. With such patients, 30 to 40 treatments are normally required before a significant effect is typically seen. Although the New Zealand trial was supposedly placebo-controlled, the "placebo" used actually had chelating properties of its own. Thus, the fact that the differences from "placebo" were small is meaningless.

When the raw data from the New Zealand study were examined, it was found that 26% of the EDTA-treated patients compared with only 12% of the "placebo" controls achieved an improvement of greater than 100% in walking distance; among nonsmokers or smokers who had quit, 66% of the EDTA-treated group increased their walking distance an average of 86% compared with 45% of the controls, who improved by just 56%. Reduced blood flow, as measured by the ankle/brachial index, was found in 6% of the EDTA-treated patients and 35% of the controls. Although the authors of these studies reached negative conclusions, in fact, their data actually supported the use of EDTA chelation.

How Safe Is EDTA Chelation?
EDTA, is a safe, nontoxic substance. The LD50 (so called when the dose will kill 50% of experimental animals) for EDTA is 2000 mg/kg body weight, which makes it about 3.5 times less toxic than aspirin. Although the FDA refuses to approve it for treating vascular disease, EDTA chelation has been the approved treatment for lead or other heavy metal poisoning for 50 years. When administered according to the treatment protocol developed by the American College for Advancement in Medicine (ACAM), I.V. chelation is more than 300 times safer than CABG surgery. Most side effects of treatment involve minor discomfort (eg, nausea, dizziness, headache) that resolves quickly.

The greatest risks occur when an infusion is given too rapidly or in too large a dose. These risks virtually vanish when EDTA is administered by a properly trained physician who follows the ACAM protocol. To the extent that oral EDTA is a completely noninvasive therapy, it is even safer than I.V. EDTA.

I.V. or Oral EDTA?
Most chelation therapy carried out today involves I.V. administration of EDTA, however, oral EDTA, which has a history at least as long as its I.V. cousin, is an option that is only now starting to be appreciated. Clinical experience suggests that oral chelation provides some, but not all, of the benefits of I.V. therapy. Overall, the difference in benefits is more one of degree and speed than of quality.

I.V. therapy has a direct and powerful effect on the body almost instantaneously. An I.V. session usually lasts about 3 to 4 hours, during which about 1500 mg to 3000 mg of EDTA (plus vitamin C and other nutrients) are administered. The number of treatments necessary (generally about 20-50 sessions) depends on the individual's condition. Candidates for I.V. chelation are people that have been diagnosed with serious atherosclerosis, heavy metal poisoning, or symptoms of vascular occlusion or significant calcification of tissues. Only about 3% to 8% of an oral dose of EDTA is absorbed, compared with 100% of an I.V. dose. Therefore, the time and dosage required to achieve the same benefits with the oral form are quite different. What can be achieved in only a few hours with I.V. EDTA chelation may take several weeks or months with oral EDTA chelation. However, oral EDTA may be appropriate for people whose condition does not demand rapid action. For example, oral chelation can be used to:

avoid complications and diseases that result from heavy metals and calcification
prevent the formation of blood clots, thus reducing your chance of a heart attack or stroke
lower the level of blood cholesterol
help thin the blood
aid in reducing lipid peroxidation, a major cause of atherosclerosis
protect the body against certain carcinogens, pathogens and other toxins that can reduce the quality of health
Oral EDTA is not meant to replace I.V. therapy for those people who have serious vascular disease. It is very useful, though, for people who have completed an I.V. course and want to stay on a maintenance program, for people who "for whatever reason" are unable or unwilling to undergo I.V. chelation, and for those whose I.V. treatments may have been interrupted.

The Politics of EDTA Chelation
Organizations like the American Heart Association and the American Medical Association, which condemn EDTA chelation as ineffective for treating vascular disease, often quote the Danish and New Zealand studies, mentioned earlier, to support their position.20-22 What they fail to mention is that the Danish studies were criticized by the Danish Committee for Investigation into Scientific Dishonesty because of improper randomization and double-blinding, as well as premature breaking of the blinding code, which amounted to a deliberate bias. When the results of the New Zealand study were examined by two independent statisticians, it was concluded that the trial actually supported the efficacy of EDTA.23

"Virtually every study that has looked at the efficacy of EDTA chelation in vascular disease has demonstrated significant improvements."

It is unlikely that any other issue in modern medicine has been more highly politicized than that of EDTA chelation therapy, and it is clear that most of the opposition to EDTA is due to the threat this therapy represents, not to patients' health but to the bank balances of orthodox physicians, pharmaceutical companies, and hospitals. Treating cardiovascular diseases is big business in the United States (and the rest of the Western world), bringing in tens of billions of dollars each year.

As Garry Gordon, MD, DO, the "Father of Chelation Therapy" has pointed out, "Every time a surgeon does a heart bypass, he takes home a luxury sports car." Each CABG procedure costs between $25,000 and $50,000; each angioplasty costs about $15,000; drugs for reducing cholesterol, lowering high blood pressure, and normalizing heart rhythm bring the pharmaceutical industry hundreds of millions of dollars each year. And these are just the most common examples. What happens when you add EDTA chelation therapy to this mix?

A course of I.V. EDTA chelation therapy costs between $2000 and $4000; oral EDTA is even less costly. To the degree that these therapies reduce the need for the more expensive conventional therapies - a large degree, indeed - they threaten to diminish the income of a significant portion of the medical establishment. Consider this one example: As noted earlier, in a study of 65 patients who were treated with I.V. EDTA while they were waiting for CABG surgery, 58 (89%) no longer required the procedure.19 At $50,000 per procedure not done, that means that surgeons and hospitals gave up nearly $3 million just for these few patients. Now remember, that CABG is the most common surgical procedure performed in the US (368,000 in 1989).24

Given these figures, it's not hard to understand why the medical profession is so in love with CABG and related procedures. As one physician noted, "It pays the bills." So enamored are they of these procedures that they perform them even when they are not necessary. In an article published in no less prestigious a publication than the Journal of the American Medical Association, the authors concluded that only 56% of the surgeries performed were for appropriate reasons, 30% for equivocal reasons, and 14% for inappropriate reasons. The percentage of appropriate surgeries varied from 37% in some hospitals to 78% in others.25 When you consider that even when it is "appropriate," CABG surgery is no better than conventional medical treatments for improving survival,5 you have to wonder whether the real "miracle" of heart surgery does not entail bringing people back from death's door, as much as turning a common chronic degenerative disease into a source of outrageous fortune. If you needed one example of why the cost of health care has gone into earth orbit, you need look no further than the conventional treatment of heart disease.

"If you needed one example of why the cost of health care has gone into earth orbit, you need look no further than the conventional treatment of heart disease."

Given these figures, it's also not very hard to understand why the medical profession has reacted so violently against physicians who practice chelation therapy, often attempting, in the words of that great seeker of medical truth (that's a joke folks), Dr. Victor Herbert, "to put them out of business." Because EDTA has long been approved for treating heavy metal poisoning, and because physicians are free to use any "approved" medication for any use they see fit, as long it does not endanger the patient, EDTA chelation therapy is perfectly legal. This has not stopped medical boards in a number of states from bringing charges against physicians who prescribe EDTA chelation for vascular disease, smearing them as "quacks," and attempting to restrict the use of this therapy. Fortunately, most of these attempts have failed.23

You can be certain that if EDTA had a large pharmaceutical company advocating its use, these problems wou quickly evaporate. But since the patent for EDTA ran out nearly 30 years ago, there are no huge profits to be made from marketing it. With no pot of gold at the end of the EDTA rainbow, no one is going to put up the hundreds of millions of dollars required to do the randomized, double-blind, placebo-controlled clinical trials required to get the FDA to approve EDTA for vascular disease. And with few large, randomized, double-blind, placebo-controlled clinical trials to refer to, the conventional medical establishment feels justified in condemning EDTA therapy as "unproven." It's a familiar "Catch 22" that faces all natural or unpatentable therapies.

Conclusion
While most American physicians choose to remain blind to the benefits of EDTA, those who prescribe it are free to witness its life-enhancing benefits on a daily basis. One of those physicians is Dr. Garry Gordon, whose own life was saved by EDTA and who has been a leader in chelation therapy since the early 1960s. "I have taken on patients who were inoperable, who had already had every known form of bypass surgery, who had no more veins in their legs to strip out and put into their heart, and who were sent home to die, and I could get those people back to full functioning," says Dr. Gordon.

For an interview with Dr. Garry Gordon, see Exclusive Interview with Garry Gordon, M.D., D.O.: Oral Chelation for Improved Heart Function - Apr. 1997

POTENTIAL BENEFITS OF EDTA CHELATION
Prevents cholesterol deposits
Reduces blood cholesterol levels
Lowers high blood pressure
Avoids by-pass surgery
Avoids angioplasty
Reserves digitalis toxicity
Removes calcium from atherosclerotic plaques
Dissolves intra-arterial blood clots
Normalizes cardiac arrythmias
Has an anti-aging effect
Reduces excessive heart contractions
Increases intracellular potassium
Reduces heart irritability
Improves heart function
Removes mineral and drug deposits
Dissolves kidney stones
Reduces serum iron levels
Reduces heart valve calcification
Reduces varicose veins Heals calcified necrotic ulcers
Reduces intermittent claudication
Improves vision in diabetic retinopathy
Decreases macular degeneration
Dissolves small cataracts
Eliminates heavy metal toxicity
Makes arterial walls more flexible
Prevents osteoarthritis
Reduces rheumatoid arthritis symptoms
Lowers diabetics' insulin needs
Reduces Alzheimer-like symptoms
Reverses senility
Reduce stroke/heart attack after-effects
Prevents cancer
Improves memory
Reverses diabetic gangrene
Restores impaired vision
Detoxifies snake and spider venoms
Adapted from Walker M., Gordon G., Douglass W.C. The Chelation Answer

References
1. Clarke NE, Clarke CN, Mosher RE. Treatment of angina pectoris with disodium ethylene diamine tetraacetic acid. Am J Med Sci. 1956;December:654-666.
2. Meltzer LE, Ural E, Kitchell JR. The treatment of coronary artery heart disease with disodium EDTA. In: Seven M, ed. Metal-Binding in Medicine. Philadelphia: JB Lippincott; 1960.
3. Edmunds LH, Stephenson LW, Edie RN, Ratcliffe MB. Open-heart surgery in octogenarians. N Engl J Med. 1988;319:131-136.
4. CASS Principal Investigators and the Associates. Coronary artery surgery study (CASS): a randomized trial of coronary artery bypass surgery: Survival data. Circulation. 1983;68:939-950.
5. CASS Principal Investigators and the Associates. Myocardial infarction and mortality in the Coronary Artery Surgery Study randomized trial. N Engl J Med. 1984;310:750-758.
6. Chappell LT, Janson M. EDTA chelation therapy in the treatment of vascular disease. J Cardiovasc Nurs. 1996;10:78-86.
7. Cashin WL, Sanmarco ME, Nessim SA, Blankenhorn DH. Accelerated progression of atherosclerosis in coronary vessels with minimal lesions that are bypassed. N Engl J Med. 1984;311:824-828.
8. Arom KV, Cohen DE, Strobl FT. Effect of intraoperative intervention on neurological outcome based on electroencephalographic monitoring during cardiopulmonary bypass. Ann Thorac Surg. 1988;48:476-483.
9. Olszewer E, Carter JP. EDTA chelation therapy in chronic degenerative disease. Med Hypotheses. 1988;27:41-49.
10. Holliday HJ. Carotid restenosis: A case for EDTA chelation. J Adv Med. 1996;9.
11. Parisi AF, Folland ED, Hartigan PA. Comparison of angioplasty with medical therapy in the treatment of single-vessel coronary artery disease. N Engl J Med. 1992;326:10-16.
12. Chappell LT, Stahl JP. The correlation between EDTA chelation therapy and improvement in cardiovascular function: a meta-analysis. J Adv Med. 1993;6:139-160.
13. Olszewer E, Carter JP. EDTA chelation therapy in chronic degenerative disease. Med Hypotheses. 1988;27:41-49.
14. Olszewer E, Sabbag FC, Carter JP. A pilot double-blind study of sodium-magnesium EDTA in peripheral vascular disease. J Natl Med Assoc. 1990;82:173-174.
15. Rudolph CJ, McDonagh EW, Barber RK. A non-surgical approach to obstructive carotid stenosis using EDTA chelation. J Adv Med. 1991;4:157-166.
16. Rudolph CJ, Samuels RT, McDonagh EW. Visual field evidence of macular degeneration reversal using a combination of EDTA chelation and multiple vitamin and trace mineral therapy. J Adv Med. 1994;7:203-212.
17. Casdorph HR. EDTA chelation therapy, II: efficacy in brain disorders. J Holist Med. 1981;3:101-117.
18. Casdorph HR. EDTA chelation therapy: efficacy in arteriosclerotic heart disease. J Holist Med. 1981;3:53-59.
19. Hancke C, Flytie K. Benefits of EDTA chelation therapy on arteriosclerosis. J Adv Med. 1993;6:161-172.
20. Sloth-Nielsen J, Guldager B, Mouritzen C, et al. Arteriographic findings in EDTA chelation therapy on peripheral arteriosclerosis. Am J Surg. 1991;162:122-125.
21. Guldager B, Jelnes R, Jorgensen SJ, et al. EDTA treatment of intermittent claudication - a double-blind, placebo-controlled study. J Intern Med. 1992;231:261-267.
22. van Rij AM, Solomon C, Packer SGK, Hopkins WG. Chelation therapy for intermittent claudication: a double-blind, randomized, controlled trial. Circulation. 1994;90:1194-1199.
23. Schachter MB. Overview, historical background and current status of EDTA chelation therapy for atherosclerosis. J Adv Med. 1996;9:159-177.
24. Gundy P. Cardiovascular diseases remain nation's leading cause of death. JAMA. 1992;267:335-336.
25. Winslow CM, Kosecoff JB, Chassin M, Kanouse DE, Brook RH. The appropriateness of performing coronary artery bypass surgery. JAMA. 1988;260:505-509.

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Posted by STAR GAZER on :

I seem to be the only one around,for a while now, but then again, it is 2AM and only idiots like me are up. I think it's time to go to bed. And, oh yah, dream about CMKX. Geeze, get a life.

Posted by rickp on :

Does anyone think that CMKX played the part in the 7.5 Million share buy to catch the MM's with their pants down in order to count naked shares? I mean if they did look at it this way, if they give out 7.5 Million shares to all stock holders then those holding naked shares would be calling and saying what happened to my part of the 7.5? CMKX could count the naked shares this way to prove that they were naked shorted right?? Does anyone have any thoughts on this ?? I am holding 4.3 Million on CMKX and am long till $1.00

Posted by WWJD-thru-me on :

Good Morning Everyone,

Trading Wizard -Great Posts-ECPN-Great Find -wish I had been around more yesterday to buy some before the split. Waaah! CMKX looks to be positioning itself to be a mining mega power. I think regardless of what our ultimate share structure is, we will have a present value of .10 a share minimum based on current share structure. UC has been quoted as saying this is worth .50-.61 a share and that was a while ago and not considering any naked short squeeze.

This is very exciting. I do think the posts about MM tricks as we count down these last weeks are right. I hope posters who own CMKX understand the potential by now and do not sell too cheaply. I think getting a free share position is worthwhile if you don't have to give up to many shares to do so. I have 45+ Million shares now and would probably sell 5 Million at .01 not all at once but try to swing trade some shares in the .005-.03 range if we get there preannouncement. It would be fun to be able to lock in some profit and have lots of free shares. This has not been allowed to run and getting free shares may not be possible if the price continues to be sat on till September 3. In that case I am keeping all my risk but the possibility of a major life altering return is pretty good. It is a high risk. But a calculated one that I feel comfortable taking and not because I am rolling in dough. I trust the DD I have done on this stock. Thanks to all who have contributed valuable info and well considered opinions both pro and con. There have been good posts made with both views. Not all of them obviously, but keeping us aware of the unsubstantiated portion of what is posted is correct. Unfortunately this is a stock where we are basing a lot of our opinions on how we read the integrity of the people. Difficult to gauge in a fully reporting company. Much more difficult here. But UC has been available to meet and interact with at the races, Melvin has been very available via phone and certainly many long time shareholders believe UC to be a man of integrity and vision. We are almost there. GLTA-DD-IMO and I have to say God Bless. If this does come to pass I will see this as a blessing from God, ultimately He is my source regardless of what He uses to bless with.

Noah -Great posts as ususal

I have seen a few posts mentioning a large fee for selling the dividend after a year. If you (we) aren't able to profitably sell it after the fee we could hold it indefinitely and never pay a fee. It will either grow to something worthwhile or tank so low it would eventually disappear. I am thinking it will be good. I suppose if someone has a low number of shares it might not be worth trading. I think some of the value of the dividends especially CIM is to force a cover of the Naked short position.

GLTA-DD-IMO-Debi

Posted by Brad on :

quote:
Originally posted by rickp:
Does anyone think that CMKX played the part in the 7.5 Million share buy to catch the MM's with their pants down in order to count naked shares? I mean if they did look at it this way, if they give out 7.5 Million shares to all stock holders then those holding naked shares would be calling and saying what happened to my part of the 7.5? CMKX could count the naked shares this way to prove that they were naked shorted right?? Does anyone have any thoughts on this ?? I am holding 4.3 Million on CMKX and am long till $1.00

Rickp, you're speculation fits most people's speculation on this board in that we believe the 7.5 million share dividend was meant to force the hand of the MM's shorting the stock. IMO it doesn't mean that CMKM would be "counting" the naked shares though, it would mean that the MM's would have to cover the naked shares. The MM's are the one's that know how many shares have been sold illegally and they are the ones that have a vested interest in not having it exposed. Way too much legal risk IMO.

Posted by WWJD-thru-me on :

A 25 Carat Diamond found along with more by one of our companies JV parners -Second Batch and there were plenty apparently. This post is a copy from another board.
IMO-Debi

**DIAGEM SHIPS DIAMONDS**...Juinas' JV partner...

From UCADs' 10QSB May 21st '04...

The Company believes that acquiring Juina Mining will provide it with revenuesbased upon Juina's existing joint venture with DIAGEM International ResourceCorporation, a Canadian corporation, in the Juina Mining Mineracao, Ltd., a firmthat owns 86% of the mining and mineral rights to approximately 1000 hectares(2,477 acres approximately) of potential diamond bearing land in the province ofJuina Mato Grosso, Brazil. The property is located 342 miles north of the cityof Cuiaba by air or 450 miles by road near the major urban center of MatoGrosso. The area is serviced by air and land transportation.

From Diagems' web site...notice this is the only Alluvial Diamond Mining Program they have in Brazil..
http://www DOT diagem DOT com/todo/alluvialindex DOT htm

NOW...this article i just came across...Notice it says "second batch"...and the date on this article is July 26th '04.

Diagem prepares to sell diamonds recovered from Alluvial Diamond project in Mato Gross State, Brazil

Diagem International Resource Corp. announces that it has successfully completed its second export of Diamonds this year. This second export of 3,990 carats brings the total on hand to 7,438 carats. The diamonds were recovered from the Company's on-going Alluvial Diamond Project in Mato Gross State Brazil.

The diamonds are now being cleaned and prepared for sale. A detailed evaluation of the various parcels will be conducted once the cleaning process has been completed. This will represent the Company's first eagerly awaited sale of diamonds from its current projects this year and is expected to take place after the summer holidays in Antwerp.

Jacky Lewy, a Principal of Natural Diamond Corporation, the Company's strategic marketing partner, commented on the higher than expected proportion of good quality diamonds, that clearly demonstrates the significant potential of the Juina Diamond Province. He was particularly impressed by a 25 carat diamond.

Natural Diamond Corporation is a pre-eminent rough and polished diamond marketing company based in Antwerp, Belgium. Mr. Lewy, also a director of Diagem, is a founder of Natural Diamond with over 30 years experience in the diamond industry including the marketing of rough and polished diamonds.

Posted by WinsumLosesum on :

STAR GAZER

Thanks for the "MAAAJJOOORRR DEVELOPEMENT" [sic] post.

I googled "rim of fire investment" and got only one result from a high school alumni directory:

Robert W. CZESCHIN [modified: 1-1998] invalid email
Hong Kong, SAR

Editor of two investment publications: "Czeschin's Oil & Energy Investment Report" and "The Rim of Fire Investment Alert," which are now read by 32,000 paid subscribers in 83 countries. Also author of the book titled: "The Last Wave: Oil, War & Financial Upheaval in the Final Days of the 20th Century," Shot Tower Books, (7th edition 1995).
___ http://www.laduealum.com/class1970.html
___
Do you mean to say that in the newsletters you must have already received, there is no mention of their website? Is any of the above confirmed in the newsletters?

Either way, maybe soon, some SERIOUS investors may be finding out about CMKX, as opposed to just race fans.

Posted by WinsumLosesum on :

Man, some of you were busy bees last night. Thanks for the posts. Made for a nice time with my cup of coffee.

Star, thanks for the off-topic EDTA post. Man, we complain about not trusting PRs and CEOs, but what's really tragic is that when someone goes to the doctor with heart issues, they trust HIM when he says, "You need surgery immediately, or you may die," and never mentions alternative remedies. After all, how else can the doc get his new Beamer?

Funny thing is, I wonder if anyone will scan that post Monday morning, read the section that says,
"EDTA Chelation
The Real "Miracle" Therapy for Vascular Disease"
and hastily put a buy order in for E-Data Corp (EDTA)

Posted by STAR GAZER on :

Winsumlosesum. This is my first computer. I'm not used to thinking about how a computer affects me in real life. I never even thought about getting my subscription via e-mail instaed of by mail. If it said anything about an e-mail site, I probably just skipped over it without it really registering in my brain. Allstocks is my first computer site. I used to go to the library to look up magazines etc when I would research stocks. However I'm learning to think Computer.

Posted by STAR GAZER on :

If they do buy some stock in EDTA, then they need to take some to clean out the arteries feeding blood to their brain. .......well maybe not, since you've brought it up, now I'm going to have to research the stock or I will never get it out of my brain. It'll keep nagging at me like one of those songs that you keep humming. Maybe I'll buy me a Hummer and hum on down to the library.

Posted by Grasshopper on :

For what it's worth, here is someone's (joseph7410) recap of Melvin on Paltalk today...

Melvins Paltalk Conversation...Reposted for you easyanswers... with my opinion kept out.
Facts only.

Melvin on Paltalk @ 12:00ish Saturday.... I'm taking notes while listening...

1st. Urban DID end up in the hospital - diagnosed with very mild stroke... MRI and catscan done, everything is positive and ok. Urban sends his love, and he is pretty much back to normal.

2. The reason Melvin wanted to be here - yesterday Melvin spoke to a shareholder who seemed to not want Melvin on ANY message board. After speaking with him, they concluded that it's ok that Melvin goes on Sterlings board, but not during market hours. He's taken it one step further... rumor has it this person phoned a lawyer, got lawyer to call Melvin and demand that Melvin stay OFF ALL message boards - this in intirely FALSE... NO LAWYER HAS CALLED MELVIN. Same person started rumor that SEC called melvin and told him the same, this is also a rumor... not at all true, nobody of authority has called PERIOD.
So, with these rumors started, Vicky and Melvin have decided this: Between the 2 of them theyve decided that Melvin will NO LONGER participate on paltalk AT ALL. So this is Melvins LAST TRANSMISION ON PALTALK. Only way to talk to Melvin now is by phone.
There is no way that Melvin is going to jepordise cmkx or hurt one hair on any shareholders head IF it means Melvin not participating on this board for the betterment of cmkx, then thats the way it's going to be.

Posted by Highwaychild on :

Sometimes things are better left unsaid.
A little less talk and alot more action would be allright by me.
Besides with all the P/Rs latly, and the odd times they put them out, mornings are like a kid waking up on Christmas.
Every morning when I get up,I'm checking under my tree(news out yet?).

Posted by Brad on :

Awfully quiet out here today. That's good. Maybe everyone took this oppurtunity to get reacquanted with their families and loved ones.

Posted by CHIMAN34 on :

Yeah, like shopping with the wife all day when it's really nice outside.

Dave

Posted by JBCak47 on :

Chinm

Not to worry... When you become rich she'll just take the credit card and call a limo serice... until then you are held in captivity at the mall lol...

-John-

Posted by Brad on :

Impressive little publication item here that D. Roger Glenn has for his resume'. Wouldn't you agree?

CORPORATE RESPONSIBILITIES OF PUBLIC COMPANIES IN 2003 by D. Roger Glenn

Including information on THE SARBANES-OXLEY ACT OF 2002
http://www.rrdfin.com/download/services/pub_pdf_html_files/Corporate_Responsibilities/38331.htm#tx331_2

[This message has been edited by Brad (edited July 31, 2004).]

Posted by bill1352 on :

concerning noah's post about uc having control of 51%...i have always thought that he would have 51% under his control until the giving up ucad shares for 40 billion shares. i'm wondering and I hope someone here will know...its true that any reporting company must have a shareholder vote about any major change including increasing the a/s or o/s, also buying or merging with another company. things like a r/s. but i don't remember seeing a vote happen for a dividend. i'm also wondering if because cmkx is not reporting can they make these kind of moves without a shareholder vote. i mean since no one except maybe a few insiders know the o/s can they skate by with these latest moves without a vote?...if not then the poster noah quoted may have a very good point. 51% of the o/s may be retired. this would give the board the right to do as they wanted without a shareholder vote and still account of the pr about UC and no ucad or any subsequent dividend. as we know from the nevada state board there are 500 billion shares in the a/s thus over 250 billion would need to be retired and with the volume and 75% of the volume being buys it would sure seem to add strength for the naked share idea.

[This message has been edited by bill1352 (edited July 31, 2004).]

Posted by bill1352 on :

on a sort of cool personal note..my brother-in-law was quoted in a companies pr...ZAZP (stock symbol)...he is bringing a daimler chrysler car into the US..its called the smart car, he attached one to a Hummer and drove it around LA...it was for a show

Posted by RaiderJR on :

I think Pedro on sterlings board showed the law that a vote must take place, or a majority shareholder must exist. So it is probably true that UC owns 51% plus, even after the 40 billion he owns a majority, so OS is below 170 billion, that is worst case imo.

Posted by Money_Penny on :

Bill, if 51% of the shares are retired, are they eligible for the dividend? If not, then that may explain the statement in the dividend PR that UC does not get any UCAD dividend shares. Thoughts?

Posted by noahltl on :

A recap of recent events from another board.

bluediamonds
>>>> A rousing recap of recent events... <<<<
« Thread started on: Today at 8:33pm »

--------------------------------------------------------------------------------
A rousing recap of recent events...

"What's this all mean? It means that August may be one of the most exciting months of our entire lives."

By: bill19336
31 Jul 2004, 07:48 PM EDT
Msg. 12140 of 12142
Jump to msg. #
A recap of recent events...

*Brazilian gold embargo ends
*Yellow River ships gold
*Diagem ships diamonds
*Shore Gold strikes a quality diamond vein (finds a 19.7 carat diamond)
*UCAD pays CMKX 3 million $US
*Numerous partnership deals are announced (see flow chart)
*Two dividends are given to CMKX holders (UCAD, CIM)
*A meeting of all the partners in Saskatchewan is planned
*The general partner in a respected Wall Street firm goes sight seeing to Saskatchewan
*The month of July ends as MMs balance their books (price was suppressed?)
*JEFF the MM finally leaves the ask for more than an minute 7/30/04
*NITE the MM stays on the bid for longer than a minute 7/30/04
*SBSH the MM (Citicorp) returns to action and befuddles the other MMs with their pre market moves on Friday 7/30/04
*A new MM joins the party

SPECULATION, RUMOR AND INNUENDO:

*Drilling is ready to begin on a third site (rumor)
*New drilling permits will be acquired by Ron C. next week (rumor)
*Ron Casavant and our geologist continue to perform ground surveys on areas targeted by the aerial surveys
of the last few months.(rumor)
*A cash dividend has been rumored since a Jan 2003 PR. (rumor)
*An outside contractor is drilling at Green Lake (rumor)
*We will use JUINA's equipment to accelerate our drilling program (rumor)
*We will use UCAD's mining contacts to manage and engineer our finds.(rumor)
*We will use the packaging and sale of our claims to fund the expansion of CMKX's business model (i.e., exploration, production, distribution and marketing). (rumor)
*We will use our Racing contacts to market & distribute our branded diamonds, clothing and misc. items (rumor)
*We will use Urban's high public profile to insure that the world knows of Shorty's crooked dealings should they try to avoid paying us. (rumor)
*Melvin quits Pal Talk (rumor)
*Pal Talk is being monitored by the SEC (rumor)

And don't forget what the partners of our (Nevada Minerals, Nevada Magnetics, UCAD, JUINA, etc.) are doing in Africa, South America, Canada, the United States and who knows where else.

What's this all mean? It means that August may be one of the most exciting months of our entire lives.

Good Luck and feel free to add anything I've missed

*NOTES:

1. Look for updated charts because all of the following information will be outdated by the end of
next week (Friday - 8/6/04). IMHO

2. This is a flow chart of our current partnerships. http://img.photobucket.com/albums/v400/dragonheartt/flowchart.gif

3. This is a map of CMKX's holdings prior to last week.
KEY: CMKX property has a blue outline, Shore Gold (white outline) and DeBeers (red outline). http://titangold. com/CMKXMap2.jpg (close space)

4. Don't let the inaccuracies in the map fool you, it is rumored we are only a stones throw away from Shore Gold's latest strike
(they have a pit 15' deep x 1,000' wide). That is where Shore Gold found a 19.7 carat diamond last week.

5. All the information presented here is publicly available to anyone doing detailed DD.

6. The speculation is my personal opinion and reflects my assessment of the facts as I see them.

7. Hope you "Got CMKX"
- - - - -
View Replies »

Posted by TradingWizard on :

quote:
Originally posted by Brad:
Awfully quiet out here today. That's good. Maybe everyone took this oppurtunity to get reacquanted with their families and loved ones.

Yeah, I been literally glued to the computer this week, need a break.
FYI, Monday is civic holiday in Canada - I think stock market is closed (the TSX) and I sure hope so otherwise it wouldn't be a holiday.

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

Posted by TradingWizard on :

For those that like racing: http://www.racingwest.com/news/story.php3/9343/

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

Posted by TradingWizard on :

I got this in my email box. For those who are new, Melvin's wife Vicky is ill and hopefully she will recover from this illness soon. And now UC suffered from mild stroke, so I though I will include this here. I think that was Daren on this board with couple others who created paypal account for Melvin and Vicky and we raised about 1,700 dollars.

Global Prayer Chain For Vicky
Dear Member,

We all know about her health issues. As Believers, we know prayer
works. My challenge to you, is put your faith to work.

James wrote "Faith without works, is dead"

Let's get busy doing what will work. Make it a point once a day to go
to the Prayer Board here, click on the topic, Global Prayer Chain, and
post a prayer for her.

It doesn't have to be long or fancy. Just simple and sincere. Never
prayed in public? Here's a good way to get started.

Sometimes I watch the Raging Bull board just for kicks, where there's a
post a minute, because it's all about the money.

Let's show the world that while we aren't opposed to making a few $'s,
we really do have a different agenda here at Christian Traders.

The link to the topic is http:// c h r i s t i a n t r a d e r . p r o b o a r d s28.com/index.cgi?board=prayer&action=display&num=1091239780
Feel free to forward this to every Prayer Warrior you know! Let's storm
Heaven's Gates until Vicky gets the Victory!

Blessings
CT

ps / the music is nice also

Regards,

The Team http:// c h r i s t i a n t r a d e r . p roboards28.com/index.cgi

(remove spaces if you want to view the thread - I hope I don't get in trouble for this)

[This message has been edited by TradingWizard (edited July 31, 2004).]

Posted by JBCak47 on :

Good evening TradingWhiz

How are things by you?

Terrible news about U.C. however from what the rumors are saying he isn't in horrible shape so that is at least good news. This whole thing must be extremely trying on him. Makes you wonder what he knows/what is up there that has his nerves on end...

Lets hope for the best

Anything else happening? Any new leads,lol?

I got a fax about an African Gold company, RIRI the fax said it trades at .25, when I looked Thursday it was at like .19-.2

Maybe worth looking at just to look at.

RIRI

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

Pharm!!! Where are you?!?lol...

Hey guys if anyone has HBO check out this show: The Ollie G Show... This show is so effin funny!!! lololol... This guy has interviewd alot of people, politicians, professors, doctors, but he is nuts and his whole 'setup' is just so witty and amusing...

He does this impersonation of a Policitican from Khazakstan doing a film documentary in America. He fools a real Mississippi Politician into doing the interview and going out in public with him. He puts on a fake accent and get up, its so funny. He basicallly gets this Politician to say on camera that the Jews are going to Hell... I knwo it's f'ed up but it is none the less funny to see how he can just 'trap' these people... He manages to get people to stand for ten minutes in silence in honor of a massacre in Khazakstan, in a US Court everyone is standing..lol...

He tells this woman :"I like you, I like to make romance inside of you. But no force, only if you say it is okay.." (imagine it in a accent from Khazakstan/Russia)

lol...

Hahahahh....

-John-

Posted by TradingWizard on :

Hi John, thanks for asking I am doing fine. The UCs stroke suprised me. UCs job is stressful and he must take care of himself. Sometime we take our health for granted and we forget what is important when leading a busy business life. On the other hand just going through my junk mail - I am actually reading it just for fun. Nothing much in leads, but I been seating on this stock USCI (oil equipment comp) for couple of months, got in for 0.0006 (200 k shares) and now is trading at 0.0001-2 so I put this on my close watch - looks like something may be coming out. Take care and have a good weekend, may be back on Monday but its holiday here in Canada. Got to go for a walk.

Posted by lbulbu on :

Just sitting here reading the board. In mail today I got letter from company wanting
me to subscribe to there invesment magazine.
If I subscribe they will send me a special investment report. In the report will tell of a extraordinary company no bodys heard off. It says this company just unlocked the single largest deposit of oil anywhere on the face of the earth.It says there is more oil in this country than in Kuait iran and even Iraq. I found this interesting cause this country is Canada and this company is in Canadas Alberta Province. IMO I found
this very interesting and thought to share
with you all.

Posted by bill1352 on :

any retired shares will not be a part of any dividend as they would not be part of the o/s. the o/s could be as high as 249,999,999,999 if they retired enough of the o/s to give controling interest. but this number would need to be adjusted by the shares insiders hold.

Posted by Money_Penny on :

quote:
Originally posted by bill1352:
any retired shares will not be a part of any dividend as they would not be part of the o/s. the o/s could be as high as 249,999,999,999 if they retired enough of the o/s to give controling interest. but this number would need to be adjusted by the shares insiders hold.

So I take it UC was holding 40 billion shares personally and he gave them up in the UCAD dividend deal and that's why he does not get any dividend shares but he still has the majority vote since he is CEO and company holds 51%? Anywho, this explains why he is not getting the dividend IMO.

Posted by bill1352 on :

i'm thinking that way to money penny. from the pr about junia it would seem that he personally owned 40 billion and if the company controled 51% of the stock then the board could do all the voting without stockholders permission. but the rest of the board could own any part of the 51% and thus give the board the controling vote so it doesn't really narrow down the possible o/s but it does narrow the float as any board owned shares would be concidered restricted for a fully reporting company. the float would have to be less then 250 billion. this is why i'm wondering if there is a loophole for a pink sheet stock. shareholders would probably vote ok for these last moves but the car might not fly.

Posted by kjs69 on :

I know this is off topic, but I thought I'd share with you.

I'm working in the Fort McMurray Oilsands industry. There are mainly leases with rich oilsands in the area. Syncrude, Suncor, Petro Canada, Shell, Canadian Natural Resources, Deer Creek Energy, OptiNexen, etc. I'm working for Canadian Natural Resources as a consultant. The lease has just started construction for the mine site. Deer Creek Enegry, just went public, currently a SAGD operation with plans to have a open mine. You can all read about it on their web pages.

Deer Creek Energy (DCE-TSX) is at 9.28 (or close to), and after a mine starts up, if you look at Suncor, it trades for $40/share and thats with a higher o/s than DCE has. That's a good investment opertunity....

Now back to CMKX....

GO CMKX!!

1M and holding

quote:
Originally posted by lbulbu:
Just sitting here reading the board. In mail today I got letter from company wanting
me to subscribe to there invesment magazine.
If I subscribe they will send me a special investment report. In the report will tell of a extraordinary company no bodys heard off. It says this company just unlocked the single largest deposit of oil anywhere on the face of the earth.It says there is more oil in this country than in Kuait iran and even Iraq. I found this interesting cause this country is Canada and this company is in Canadas Alberta Province. IMO I found
this very interesting and thought to share
with you all.

------------------
kjs69

Are you addicted when Allstocks.com is your homepage?

Posted by will on :

Can anyone tell me the REAL average daily volume of CMKX? Just over the last few months.

Posted by noahltl on :

Here'some good Sunday afternoon reading from Zeninvestor

repost: THE MASTER PLAN by zeninvestor

But equally as important is watching a true (CMKX) empire take shape. Whether you’re in for 2 months, 6 months, or a year, I think this is going to be the most breathtaking, exhilarating experience you could ever hope to be a part of in the financial markets.

Posted by: zeninvestor32
In reply to: None Date:7/27/2004 8:18:04 AM
Post #of 67142

THE MASTER PLAN

What have we learned from this PR?

This release tells me that Urban and Roger are very acquisitive.

This release tells me there are so many pieces in place and remaining to be put in place that we need to sit back and watch it all unfold.

THE EMPIRE

So how do you just one day build an empire. Do you wave a flag and say “Here we are!! Come and get us???” Not really. It’s just not that simple. Particularly when DeBeers is probably flanking you with a potential assault and the hedge funds are slapping your stock price around like a ragdoll. Enter Roger Glenn. Now a master plan for the empire must be assembled. The shorts must be eliminated. An appropriate vehicle or vehicles must be established to handle an empire’s worth of operations. And quite frankly, a pink sheeted CMKX shorted into the ground ain’t gonna cut it!!

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 WWJD-thru-me on :

Hi Everyone, It has been quiet here. I think we will have a flurry of activity soon enough. I have been getting reaquainted with my loved ones and it is nice to not be glued to the computer. The stage is set and the lines are drawn. We really cannot do anything to affect the price. We can hang on to our stock and watch what transpires. I have gone back over some posts and lots of boards and one I liked was that Roger Glenn is very respected-wrote the Oxley-Sarbonnes act and is not very likely to be with CMKX if they were not going to do something big. I read the article and thought-I need to buy some more shares on Monday. I know JBCak can relate to that feeling. Have a great day. GLTA-DD-IMO-Debi

Posted by noahltl on :

On another board, the question was raised as to the security of our investments in the event of an attack on the SEC, DTC etc. While our first concern should be for the lives that might be lost, and their families, the following was a good explanation of what would occur with the data.

--------------------------------------------------------------------------------
on Today at 4:13pm, Pheenix11 wrote:I know I'm paranoid, but humor me. This new terror alert has me wondering.

What effect if any would this have on stock holdings if terrorists attacked & destroyed the DTC (Depository Trust Company)?

The DTC is basically a very large data center, part of their job is to "dematerialize" shares, that is make them nothing more than computer entries. That being said, all large data centers, as well as most others, have what is called a disaster recovery strategy, part of which includes a hot backup capability at another data center. In fact, all data is stored at two locations; the primary and the backup site. This is called data mirroring.

Certain companies, such as IBM and Sungard, specialize in the delivery of these types services, including both the data mirroring and hot site. These sites are massive; hundreds of thousands of square feet of raised floor and just as much regular offce space. Installed in these facilities is the necessary computers and networks to rapidly take over operations, usually in a matter of hours.

In the event of a disaster that impairs the ability of the center to perform its' function, operations can be swiftly relocated to the hot site. Even the networks communcations are swiftly swung over to the hot site. Most companies perform a full practice of disaster scenarios at least once a year, some do it twice and some even more. Many of these scenarios include rapid staff replacement.

When the first WTC bombing took place in the early 90's, about a dozen banks and trading companies actually relocated to these massive hot sites in a matter of hours. The Comptroller of the currency and the Fed demand that all financial institutions have hot backup.

So I would doubt that a hit on the DTC would have much of an impact on data operations. Perhaps a few hours of interruption, but probably no loss of data.

I hope this answers your questions and your concerns

Posted by JBCak47 on :

WWJD/TradingWhiz,

Hey guys. Ahhhhh its been a pretty bad weekend for me Listen, if you guys could, just say a quick 1 second prayer for me... I could use any/all spiritual support I can use right now (Family problems that are not directly affecting me)

If I could subtract all this, I would be in much better shape.

Better news is that I saved 10% on my car insurance by switching to Gieco...

I also will be buying another round CMKX shares on monday or tuesday!!! LOLOL!!

I wonder how todays Terrorism news will play out?!?

-John-

Shout out to Pharm, TeenTrader, Stoned Pigeon , Noah, Booty quest, Debi and of course the lovely Trading Whiz heheh...And to all others I have forgotten due to this bad head ache

Posted by RaiderJR on :

I do a little counseling every now and then, if you have any questions that I can help with let me know.

The best one.

"Love covers a multitude of sins"

Second

"Money cures all evils" (This one isn't in the bible)

Posted by Highwaychild on :

quote:
Originally posted by JBCak47:

I wonder how todays Terrorism news will play out?

I think CMKXers should be fine,I've seen many people tring to terrorize us out of our shares since I've been in this thing.Go CMKX.

But most importantly...GO USA.
If we're hit again it's really going to pi$$ off The Big Red White & Blue.
And then the gloves will be off.

Posted by WWJD-thru-me on :

Hi JBCak -I'm sorry to hear things weren't going well this weekend. I did pray for you and happy to anytime. God Bless -Debi

Posted by WWJD-thru-me on :

Also praying against any terrorism attacks. I would expect if something did happen the stock market in general would tank since the market hates uncertainty. Then it would slowly recover. Since diamonds and minerals have actual values CMKX could recover with the other stocks or even more quickly especially since the plan appears to be progressing rapidly and the short cover dates are set. Nothing is ever certain but I feel as comfortable in this stock as anything else. GLTA-DD-IMO-Debi

Posted by STAR GAZER on :

ibulbu, you must be talking about the Alaskan Athabaska oil sands. Many advisors have been talking about Suncor company. I think that URMP would be a better buy. You can see my write up on the Raging Bull site, URMP post # 512 and my latest post #550. I have also discussed the stock on allstocks. It is speculative and may be worthless in the long run, but on the other hand, as I said in my latest post, it could go uo 100,000%

Posted by STAR GAZER on :

Tradingwizard, I bought over a half million shares of USCI at .0015. For months now, I have not been able to find out anything that is going on. I will look again. If it turns out to be a viable company, we could both be rich.

Posted by will on :

God, I don't feel bad now, I only have 400K at .0006.

quote:
Originally posted by STAR GAZER:
Tradingwizard, I bought over a half million shares of USCI at .0015. For months now, I have not been able to find out anything that is going on. I will look again. If it turns out to be a viable company, we could both be rich.

Posted by noahltl on :

Good dividend info:
http://www.investopedia.com/articles/02/110802.asp

Declaration, Ex-dividend, and Record Date Defined
Investopedia Staff

Printer friendly version

Have the workings of dividends and dividend distributions mystified you too? Chances are it's not the concept of dividends that confuses you; the ex-dividend date and date of record are the tricky factors. In this article we'll sort through the dividend payment process and explain on what date the buyer of the stock gets to keep the dividend.

Before we explain how it all works, let's go over some of the basics to ensure we have the proper foundation to understand the more complex issues. Some investment terms are thrown around more often than frisbees on a hot summer day, so it's important that we define exactly what we're talking about.
Different Types of Dividends
The decision to distribute a dividend is made by a company's board of directors. There is nothing requiring a company to pay a dividend, even if the company has paid dividends in the past. However, many investors view a steady dividend history as an important indicator of a good investment, so most companies are reluctant to reduce or stop their dividend payments. For more information on buying dividend paying stocks, see the articles "Back in Vogue: Dividend Strategies" and "Don't Forget about Dividends."

Dividends can be paid in various different forms, but there are two major categories: cash and stock. The most popular are cash dividends. This is money paid to stockholders, normally out of the corporation's current earnings or accumulated profits. For example, suppose you own 100 shares of Cory's Brewing Company (ticker: CBC). Cory has made record sales this year thanks to an unusually high demand for his unique peach flavored beer. The company therefore decides to share some of this good fortune with the stockholders and declares a dividend of $0.10 per share. This means that you will receive a check from Cory's Brewing Company for $10.00 ($0.10*100). In practice, companies that pay dividends usually do so on a regular basis of four times a year. A one-time dividend such as the one we just described is referred to as an extra dividend.

The stock dividend, the second most common dividend paying method, pays additional shares rather than cash. Suppose that Cory's Brewing Company wishes to issue a dividend but doesn't have the necessary cash available to pay everyone. He does, however, have enough treasury stock to meet the requirements of the dividend payout. So instead of paying cash, Cory decides to issue a dividend of 0.05 new shares of CBC for every existing one. This means that you will receive five shares of CBC for every 100 shares that you own. If any fractional shares are left over, the dividend is paid as cash (because stocks can't trade fractionally).

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

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Another type of dividend is the property dividend, but it is used rarely. This type of allocation is a physical transfer of a tangible asset from the company to the investors. For instance, if Cory's Brewing Company was still insistent on paying out dividends but didn't have enough treasury stock or enough money to pay out all investors, the company could look for something physical (property) to distribute. In this case, Cory might decide that his unique peach beer would be the best substitute, so he could distribute a couple of six-packs to all the shareholders.

The Important Dates of a Dividend
There are four major dates in the process of a company paying dividends:

Declaration date – This is the date on which the board of directors announces to shareholders and the market as a whole that the company will pay a dividend.

Ex-date or Ex-dividend date – On (or after) this date the security trades without its dividend. If you buy a dividend paying stock one day before the ex-dividend you will still get the dividend, but if you buy on the ex-dividend date, you won't get the dividend. Conversely, if you want to sell a stock and still receive a dividend that has been declared you need to sell on (or after) the ex-dividend day. The ex-date is the second business day before the date of record.

Date of record – This is the date on which the company looks at its records to see who the shareholders of the company are. An investor must be listed as a "holder of record" to ensure the right of a dividend payout.

Date of payment (payable date) – This is the date the company mails out the dividend to the holder of record. This date is generally a week or more after the date of record so that the company has sufficient time to ensure that it accurately pays all those who are entitled.

Why All These Dates?
Ex-dividend dates are used to make sure dividend checks go to the right people. In today's market, settlement of stocks is a T+3 process, which means that when you buy a stock, it takes three days from the transaction date (T) for the change to be entered into the company's record books. As mentioned, if you are not in the company's record books on the date of record, you won't receive the dividend payment. To ensure that you are in the record books, you need to buy the stock at least three days before the date of record, which also happens to be the day before the ex-dividend date.

As you can see by the diagram above, if you buy on the ex-dividend date (Tuesday), which is only two days before the date of record, you will not receive the dividend because your name will not appear in the company's record books until Friday. If you want to buy the stock and receive the dividend, you need to buy it on Monday. (When the stock is trading with the dividend the term "cum dividend" is used). But, if you want to sell the stock and still receive the dividend, you need to sell on or after Tuesday the 6th.

*Note: Different rules apply if the dividend is 25% or greater of the value of the security. For details see the NASD notice (PDF file) explaining dividend issues.

A Money Machine?
Now that we understand that a dividend can be received by purchasing the stock before the ex-date, can we make more money? Nope, it's not that easy. Remember, everybody knows when the dividend is going to be paid, and the market sees the dividend payout as a time when the company is giving out a part of its profits (reducing its cash). So the price of the stock will drop approximately by the amount of the dividend on the ex-dividend date. The word "approximately" is crucial here. Due to tax considerations and other happenings in the market, the actual drop in price may be slightly different. In any case, the point is that you can't make free profits on the ex-dividend date.

Conclusion
The reasons for and effects of all these dates are by no means easy to grasp. It's important to clear up any confusion between ex-dividend and record dates. But always keep in mind that when you're investing in a dividend paying stock, it's more crucial to consider the quality of the company than the date on which you buy in.

Cheers,

Investopedia Staff

Posted by Highwaychild on :

In the Tuesdays July 27, 3:35 pm ET pr

Urban Casavant, president of CMKX, stated, "We are thrilled that UCAD has begun exercising its option as this frees additional cash for our expanding operations and exploration. As we move toward our meeting in Saskatchewan next week with all parties involved, an action plan will be directed to the future for all."
______________________________________________________________
The "next weeks" meeting in the Saskatchewan could be tomarrow.
I'm thinking a pr should come sometime soon.

Posted by cool1sh on :

Off topic,, kinda related
http://www.chicagotribune.com/technology/columnists/chi-0203040011mar04,0,4056353.colu mn

[This message has been edited by cool1sh (edited August 01, 2004).]

Posted by JBCak47 on :

Thanks everyone,

I think all of your prayers have helped because it is almost 10:30 and so far things have been quiet. Thank you...

=============================================
-John-

Posted by WWJD-thru-me on :

Glad to hear it John-Good Night-Debi

Oh, I have to change that to Good Night John Boy! (My husband loved to watch the Waltons)

Posted by JBCak47 on :

Lol, very funny you say that my 8th grade teacher would say that too. You are more than welcomed to call me John boy, lol...

That actually works in many ways, lol...

Thanks again everyone...

A BIG MIDDLE FINGER TO OUR FOES, AL-QEADA! AMERICA WILL CRUSH YOU...

Markets open in seven hours thirty minutes

Sweet dreams to all!

-John-

Posted by maniladreamin on :

quote:
Originally posted by noahltl:
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).]

I'll pass on this one

Posted by noahltl on :

What's your point, manila?

Posted by noahltl on :

Well, here they come. Manila,above, joins Allstocks on July 31, and then graces us with his presence today, to repost the DD on the dividend, only to tell us that he is going to pass on it. The first wrong assumption is that we would care whether he is passing on it or not. The only investor who might get excited by his comment would be a "newbie". The second wrong assumption is that he could come in here, try to plant seeds of doubt, and not be immediately exposed for what he is.

Sorry if I am starting the morning off negatively, but this kind of stuff is just ridiculous.

Posted by WWJD-thru-me on :

Good Morning Everyone.

This link is for a slide show prepared by Kensington diamonds presenting all kinds of useful information and views of aerial surveys, core samples and more. There are a lot of slides and you will know the last one because it tells you. If you saw the cover to the program from the races 2 weeks ago you will recognize the magnetic survey map on that cover is the same type that is shown. If anyone has that link a post would be helpful. Our results will astound all of us. I just put in an order for more stock. Another point to consider is that Kensington has indicated open pit mining is possible with some of their claims shown here. We may have already had some diamonds mined in this fashion. Kensington had a .77 diamond that more or less fell out of their sample. If you remember Melvin talking about our geologist's eyes growing big at our sample it is easy to understand how that could occur. There is a lot of hearsay that I give some credence to about the geologists comments. When our sample results with diamonds forced a PR for our Canadian partners so they could resume trading there was a big price decline. The results given were so much less than expected. I don't think that those were our best results. When CMKX wants to reveal its' share structure and become fully reporting the full extent of what has been sampled and the full results will be revealed. Here is the link to the silde show: God Bless and IMO -Debi

Slide Presentation of Diamond Rich Kimberlite In CMKMs area. De Beers Properties
http://www.kensington-resources.com/presentation_2004AGM/slide1.htm

Noah -I think that you just offered Manilla dreaming the left foot of fellowship instead of your right hand. I get those 2 mixed up sometimes too. Have a great Day! The tide will turn for this stock in the very near future and I think your DD will prove out. We should do very well with this stock. I keep buying more and I have a ridiculous amount. After I looked at the slide show I thought we have more than 1.9 Million acres of similar mineral rich land. The stock is selling at .0004. I cannot think of a better bargain. -IMO-Debi

Posted by pharmdman on :

quote:
Originally posted by JBCak47:
...Shout out to Pharm, TeenTrader, Stoned Pigeon , Noah, Booty quest, Debi and of course the lovely Trading Whiz heheh...And to all others I have forgotten due to this bad head ache

Hey JB! I'm here, sort of. My other half was hospitalized after a spider bite. All's well now, but that was my last week ordeal. Today, I'm still wading my way out of the house since my water heater was hit by terrorists! I hope all is well with you, but I'm going to spend the rest of my day stroking a wet vac!

I guess the bright side is that I won't get to see the stock market crap that's bound to happen today from the terror warnings. Ya' know, sooner or later they should run out of suicide bombers... don'tcha think?!

Posted by WorkAHolic on :

Noah,

Thanks for the heads up.

Here they come. The negative, cutting remarks with nothing to back it up. Someone wants us to dump. I'm buying. This is going to be a fun ride. Win or lose, this is the best bet in town. I'm having a Million dollar good time. Let's hold until we're over our greedyness and have enough money. IMO, this will skyrocket in the next 2 or 3 months. I have been impressed with all of the PR and legitimate information submitted on these posts. Sometimes I find it difficult to separate the crap from the truth. Good or bad, I investigate each statement and accusations of impropriety. I am convinced that this will be something we can tell our grandkids about (even though I don't have grandkids, yet). Hold, hold, hold.

Posted by TradingWizard on :

JBCak47 you just got the right person to pray for, whatever it is you got my prayers.
Hope it works out. Be strong. TW

Posted by TradingWizard on :

quote:
Originally posted by STAR GAZER:
Tradingwizard, I bought over a half million shares of USCI at .0015. For months now, I have not been able to find out anything that is going on. I will look again. If it turns out to be a viable company, we could both be rich.

Yeah me and you will be rich , there is a rumor that something is up in the air and the web is going to be activated soon. But this is just a rumor for now.
Been very patien with this stock, expecially when I had a total failure with SRCI Serac Holdings .

Posted by CHIMAN34 on :

Hope all is better Pharm and also for you JBcake.

Dave

Posted by Brad on :

Since it's slow news day so far I thought I'd throw this back out there since it hasn't been brought up in a while. I'm still wondering if there is any significance to Debeers settling their lawsuit with the U.S. Government. Is it concidental that they decided to settle after all these years? Especially considering the Government's case against them was "weak" according to the PR. Why would they do that? Yes, it allows them to do business in the U.S. But can there be more to it? Could it have something to do with CMKX?

Even if it doesn't have anything to do with CMKX the topic will have to go into the movie of this saga someday. Just because it made us wonder so much.

Posted by CHIMAN34 on :

That is interesting Brad. We may never know that answer, but it's a good thought for us all to think about. Why would they do it now, that's the ?

Dave

Posted by tahoechris on :

http://www.exn.ca/video/?Video=exn20021205-diamonds.asx

Posted by WWJD-thru-me on :

Hi Again-Since it is a slow day I will repost the slide show Kensington put together. If you have not looked at it is is very worthwhile. Right down to the last slide. We have a lot in common with them and these slides look a lot like what we have. GLTA-DD-IMO-Debi

Slide Presentation of Diamond Rich Kimberlite In CMKMs area. De Beers Properties http://www.kensington-resources.com/presentation_2004AGM/slide1.htm

Posted by JBCak47 on :

Trading Whiz:

Thanks so much ! I really feel all of your prayers have helped... About half an hour after I posted that things calmed down, so Thank you all...

How are things by you TW? Do you work at home/office? I am curious that is all. I am at work right now (I took off a few days last week,lol, I am such a lazy butt)

You mentioned you had a husband, any children? Dogs, cats or Chinchilla's??? (Chinchilla's make great pets but can be rather dusty, they take 'dust' baths, which require you to buy, yes, you guessed it, Dust... You buy cans of this dust powder and they 'bathe' by rolling around in dust... It coats you, your room, everything... but the chinchilla is happy...)

WWJD: Thank you Hun!Nuff said!

Chim: Thanks buddy ! I appreciate it!

Pharm: Awwwwwww, yeah spider bites are horrible, did the area around his bite get puffy and whatnot? Any Hives? Blasted spiders...

Water Terroists? I wonder what happened? Its all that hot water for your watering hole... It's killing you!lol...

Sorry to hear you will miss the red today... Lol wet vac... Poor Pharm... my man needs more rest not more vacuming... lol...

Posted by pharmdman on :

Chiman, thanks!!

JB, you're a nut! LOL.... It was a nasty bite on his arm. His forearm swelled to almost twice it's normal diameter and the tissue around the bite was starting to die. Thought it may have been a brown recluse bite at first, but the doc said it wasn't. He was admitted to the hospital for IV abx and surgery to cut it open and suck out the pus and remove the dead tissue. Fun, Fun! NOT!

I've stopped production on the ark, since I've replaced the water heater. It's like a monsoon here, so I can't open things up and let them dry out. I'm gonna lose a ton of stuff!! Oh well, that's what homeowner's insurance is for, I guess. I think I might have to spend the rest of the day in that new hot tub!

Back on CMKX though... I'm sorry if it's been covered to death, but I've been keeping up with the last week's worth of posts... however, any good guesses as to when we'll see some PR regarding WHEN we'll be getting those other shares? I'm going to try to catch up during the week, but you know how that goes!

Posted by WinsumLosesum on :

Cmkm Diamond Inc (OTHER OTC: CMKX) Last Update: 1:05:00 PM ET Aug 2, 2004

CMKM Diamonds Inc. Announces Dividend of Juina Mining Shares

LAS VEGAS, Aug 2, 2004 (BUSINESS WIRE) -- CMKM Diamonds Inc. (PinkSheets: CMKX) announced today that it has elected to distribute the 95,502,027 shares of Juina Mining Corp. (Pink Sheets: GEMM) which were recently purchased by the company as a dividend to its shareholders.

The company has chosen Oct. 1, 2004, as the record and distribution date for this latest dividend to its shareholders.

In addition, GEMM has issued a 60-day option to CMKX to purchase shares equivalent to an additional 24% of the outstanding shares in GEMM for an additional $500,000 USD. When exercised, the company has elected to distribute this additional 127,336,036 as a dividend on the same record and distribution date.

Urban Casavant, president and CEO of CMKX, stated, "This continues our expansion into known diamond-bearing fields throughout the world. This expansion is an important step as the company continues to seek to provide additional value for its shareholders. We are excited that this addition to our company's holdings will increase our ability to more rapidly move into the active mining and processing of diamonds. Juina has a history of producing large and colored diamonds whose demand is rapidly expanding in the current world market."

Further updates on this transaction will be made in press releases and on both companies' Web sites.
www.casavantmining.com

Posted by glassman on :

i am going to be interested to see how they will split these shares up to give the dividend.....
10? billion shares of CMKX?? 95 million shares of GEMM.......

Posted by WinsumLosesum on :

The extra 24% looks like a given, judging by the wording:

"In addition, GEMM has issued a 60-day option to CMKX to purchase shares equivalent to an additional 24% of the outstanding shares in GEMM for an additional $500,000 USD. When exercised, the company has elected to distribute this additional 127,336,036 as a dividend on the same record and distribution date."

Seems they've already decided when to distribute the additional shares, even though they haven't formally exercised the option yet.

Posted by cool1sh on :

COOL..

Somebody said we will have divident with Oct date so that many share holders do not sell after Sep 1st if they come to know of a high O/S count.

Anyways who cares .. Keep them dividends coming.. I ain't selling a single CMKX share.. just added another 2M at 0004.

Come on Aug 20th and then Sep 1st and Oct 1st... and more.......

Posted by WWJD-thru-me on :

Sends a message doesn't it? 60 Days from now you will need to buy more Juina to issue to your shorts. IMO-Debi

Does anyone know if the restricted shares we get in UCAD have a special number to identify it? Am I correct in thinking the naked shorted cover shares of UCAD stock would not have that number? Should be interesting how many get shares that will be tradeable immediately. GLTA-IMO-DD-Debi

Posted by cool1sh on :

If CMKX has 400B O/S the dividends for 1M CMKX are..

18.75 UCAD
557 GEMM
100000 CIM

Correct?

(Based on 222.8M GEMM dividend)

Spreadsheet created by Canusk on CMKX board http://www.bigskysoftware.net/CMKX/OS.htm

[This message has been edited by cool1sh (edited August 02, 2004).]

Posted by HarryHar on :

Picking up more this morning...

JB yo I tried replying to your message a couple days ago but they obviously didn't like to herbage talk. Anyways, I said I was from Oakland, smo....

Posted by HarryHar on :

so everyone who was in at .0001 will have all free shares with the UCAD dividend...at today's pps for UCAD, that is...

Posted by WorkAHolic on :

Coolish:

I, too, just bought another 2mil shares. This will be fun. Am I crazy to feel such excitement. I repeat, I'm having a million dollar good time. Thanks to UC, Melvin and all the CMKX people for getting my blood circulating. Damn, this is fun. Bring on the dividends. I figure that if there are 400 Billion shares outstanding, divided into 95Mill shares of GEMM give me .0002375 shares of GEMM for each share of CMKX. Multiply my 10,000,000 shares time .0002375 and I will get 2,375 shares at the current rate of .06 gives me a value of $142.50 for the dividend. Not bad. Now, if I could just quit reading this stuff and get back to work. This is FUN!

Posted by GatorMan on :

There is one thing about the latest PR (GEMM dividend) I don't understand. If all the shares are dividended to the CMKX shareholders how does this statement apply:

"Urban Casavant, president and CEO of CMKX, stated, "This continues our expansion into known diamond-bearing fields throughout the world. This expansion is an important step as the company continues to seek to provide additional value for its shareholders. We are excited that this addition to our company's holdings will increase our ability to more rapidly move into the active mining and processing of diamonds. Juina has a history of producing large and colored diamonds whose demand is rapidly expanding in the current world market." "

It seems CMKX will not gain any property holdings from this transaction unless somehow while they still own the shares the property will be transfered to CMKX (and probably UCAD since they also hold a good percentage of GEMM) either directly or by transfer of the Yellow River and Junina Mining Mincracad Ltda (JMML) stock. It makes me wonder what GEMM will still own when transfered to us.

I don't mind this kind of wheeling and dealing but it would be nice to be up front about it. I think there is more going on behind the sceans, not necessiarly bad for us CMKX holders.

Any thoughts?

------------------
~,-,-< GatorMan

Posted by HarryHar on :

With this newest Dividend, we know the record date and issue date. They are one and the same at Oct 1. We don't know what the issue date is with UCAD yet right? How about CIM or CMI, whatever it is..

Posted by glassman on :

i'm wondering also, if they disburse ALL of the shares acquired, then there is no corporate ACQUISITION, is there??? it's simply Urban Casavante buying shares of stock for the shareholders of CMKX......once those shares are disbursed, the de facto result is that CMKX shareholder are now shareholders of other companies......this is good if CMKX maintains it's PPS....

Posted by HarryHar on :

Glass

I'm curious about that too. Infact, CMKX will not own any interest in those companies in which us shareholders are receiving stock dividends. It is CMKX share holders that will own those companies. If we sell out of CMKX, then it's not going to be CMKX or CMKX shareholders who own those companies...Unless not all the stocks received by the company are disbursed...maybe only a portion? Doesn't seem to be the case though, according to the PR's.

[This message has been edited by HarryHar (edited August 02, 2004).]

Posted by GatorMan on :

Well, as I said, I wonder if the assest are going to be stripped and all that we will get is the shell.

------------------
~,-,-< GatorMan

Posted by JBCak47 on :

***********
Pharm...

I am sorry to hear about that... What is his name, if I may ask. And how come he isn't on here, or is it just you that like stocks?hehe...

Yeah after that whole week I'd say you need to be in the Hot Tub...

Now you have a reason, the new CMKX PR!!!Lol

Nut? I am a nut? Lol... maybe in a past life I lived in the ground in a shell... Until that evil, evil wretched Planters Peanuts came for me... Then I came back as some corn but got turned into Ethanol fuel... Lol... Its been hell ever since

Well I hope his arm feels better... You both are lucky it wasen't worse... Could it have been a scorpion bite you think? They are in Florida correct?
P.s. Pharm what is your real name? Or is that on a need-to-know basis?!?!lol...

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

Harr yeah they cut that thread, lol...

Hey where is Wallace Maybe someone needs to email this new part of the 'scam' to him,lol...

Cali huh? Sweet, a stones throw from Vegas! I am at work right now,2 o clock, just another two hours...

They don't like any 'herb' talk so if you want we can just call it 'getting byrd'/byrded...lol... in honor of a special pigeon
=============================================
Ughhhhh guys say a prayer for that poor woman from Utah... Lori... My thoughts are with her and her family...

=============================================
-John-

Posted by Upside on :

Did anyone else notice that in addition to page 36 being removed, the last 12 hours worth of posts on this page are now gone?

Posted by will on :

JB is responsible for this! LOL

Posted by will on :

Quality posts too, lol.

quote:
Originally posted by Upside:
Did anyone else notice that in addition to page 36 being removed, the last 12 hours worth of posts on this page are now gone?

Posted by Upside on :

This thread will be back to page one before we know it. I wonder if the pps will revert back to then as well?

Posted by Money_Penny on :

OK, this is getting silly. Good night guys.

Posted by will on :

If it does i'm selling at .001 and rebuying at .0003 / .0004.

quote:
Originally posted by Upside:
This thread will be back to page one before we know it. I wonder if the pps will revert back to then as well?

Posted by Upside on :

Bob Frey,
Please take us back to late April/early May!

Posted by HarryHar on :

What the heck is going on? Allstocks time warp!

Posted by Upside on :

Gotta go to bed now. Hopefully I'll wake up and it will be the beginning of summer all over again.

Posted by Bam Bam 17 on :

CMKX NEW MAP.
http://titangold.com/CMKXMap2.jpg

May God Bless All.

Posted by StonedPigeon on :

All together now!

Old McStoney had a farm C-M-K-X

and on this farm there grew some diamonds
C-M-K-X

With a Diamond over here and a Dividend over
there.

Here a (Divid) their and (End) everywhere a
Dividend!

Old McStoney had a farm C-M-K-X

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

And remember folks

Just Say No!

Posted by Bob Frey on :

Trying to help this thread is way out of our league...

Posted by StonedPigeon on :

Just go with it bob!

It's all good!

Posted by glassman on :

quote:
Originally posted by Bob Frey:
Trying to help this thread is way out of our league...

this thread is kind of like the company---nothing ever quite adds up--LOL

Posted by Bam Bam 17 on :

CMKXtreme Seattle Race.
http://www.tcdjs.com/seattle.htm

May God Bless All.

Posted by glassman on :

http://www.tcdjs.com/images/cmkx/day2/seattle25.jpg
the diamonds are over there...LOL

Posted by Bam Bam 17 on :

CMKXtreme Sonoma Race Pictures
http://www.tcdjs.com/sonoma.htm

May God Bless All.

Posted by JBCak47 on :

Money P:

Lol two more weeks than the real headaches start, this thread will be a frenzy by then!

How are you doing? I hope all is well. Any exciting events in the land of Money P?

lol... serious question by the way.

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

Pharm,

Well that is good that it is nothing too serious. Not to put fearful ideas into your head but that spider bite took place outside right ?!?!?!?

100% DEET! (It's still around)
(no! Not DD-Seven, the powerful 1980's- as seen on Nickelodeon and other cable channels- stain remover)...

When I was a kid, like maybe four or five years old, there was this insecticide spraying company that would spray the trees and bushes with, well, God knows what type of chemicals... uckkk.... what were my parents thinking...lol... The truck was just like a home heating oil truck, not as big as a commercial gas tanker but like a Home heating oil truck, but filled with this crap. Granted there were no bugs
but who knows what long term health damage that caused! uhhhhh.... I would assume that stuff was DEET...

Hear any new tips? rumors about any stocks,lol... I have one for you, I will post it for you guys tomorrow, its a stock at .25 a little out of my price range, ya know, (JBCak47<----Almost broke ) It is called skinnywater or something... From my understanding, water that helps you lose weight... I don't know the symbol, I just heard of this tip today. I have it at work and will post it around 11am or so.

Good night and talk to you tomorrow.
==========================================
Trading Whizadress (A female wizard perhaps?????)

Again thank you guys. Things were better today with some of my family members... My sister and her husband, my brother in law, bought the house next door to my parents (very convienient, like a big extended family practically together...) and are having some rough times but things are like 200% better then like 32 hours ago

But again thank you.

So we are getting yet another dividend. Lol... I bet you 2 shares of cmkx that we will get dividends causing us to 'hold' until like at least Jan. 2005. Now this is PURE sepculation on my part but it seems like now they want you to hold until at least October xx, I wouldn't be surprised if we get more PR's like this soon, or perhaps a major one in or around Thanksgiving and Christmas. Now, I know you are thinking why, but perhaps he can get the price up high but continue having a lower float to help support those 'high' levels (plug whatever number you guys think is 'high'). If everyone is holding for dividends that will occur later on, and more and more people buy in FOR the chance of dividends, the racing car attracting potential investors, the NS situation, the merging of companies through stock buy-in/outs, property acquistion, gold mines, silver, zink, CIM, UCAD, GEMM, Junia, CMKX, the high profile lawyer, Debeer's 55k acre, 40 Billion dollar claim in the middle of our 1.9 million acres of rights!, ECPN, and what ever lies ahead may just be able to support a 'high' price.

Imagine if everyone is holding for BIGGER and BETTER dividends, or, ohhh man, a CASH dividend, or even a dividend of a small diamond (IMAGINE!?!?)

Now what if we get moved off the pink sheet listing and onto something a little better? I would imagine a new wave of investors...

Higher PPS?

Now add up all those things I listed, now we have all these interests working together to make us money, not only the diamonds but that IS our bread , the other stuff is our butter...

-John-

P.S. Sweet dreams all,eight hours until the bell

Posted by Prdponce on :

From another board.

By: brainunit
03 Aug 2004, 12:16 AM EDT
Msg. 57593 of 57623
Jump to msg. #
Answers from Fidelity... CMKX, Shorty, Certs!!

Today, my Fidelity broker really cleared up some questions a lot of us are asking tonight. I own all of my shares of CMKX in my 401k brokerage link account. He told me that there is no need to get certificates for my shares based on the reason of certify the authenticy of them; even if I owned "Naked Shorted Shares." According to Fidelity, if my shares are in my account, they are real. If the float is gone and all thats left is "Naked Shorts", Shorty won't need to cover, becuase he can't buy back shares that are not real.There won't be a short-sqeeze. Shorty will just have to pay money back to the company and not recieve anything in return. I was told that nobody can short a retirement account in the first place. Second, The dividend will indeed force Shorty to pay the company. It doesn't make any differance if it is a stock or money dividend. Shorty will be effected either way. On August 20th,I will own shares in UCAD. If there is indeed a huge short. Shorty will be paying CMKX some money and if We continue to recieve more dividends, Shorty will be helping CMKX finance it.

My biggest hope is that DR. Glen gives us a valuation of CMKX that will blow us away and UC gives us a money dividend that will make us set for life. Shorty will just have to take the loss and payout every last share He shorted.

Part of my theory is that it seems that the goal for CMKX is to become a reporting company on a higher board. All companies involved will remain individual companies all owning parts of each other. The big picture is the total valuation of the combined mineral rights and assets owned by each company. If we use DeBeers property in Canada as a model of valuation, We are looking at hundreds of billions of dollars as a total valuation. I think UC will do just as the 01/07/03 article describes about "the share and cash dividend and SHORTY policy." He will use divedends to help keep shareholders from selling and increase value in the company. This will eventually cause Shorty to payback shares shorted.
http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_Jan_7/ai_96198036

Posted by jah14 on :

************ Inc.: Focus Stocks August 3, 2004: SPSC, AUML, BESR, IVHO, CMKX

Aug 03, 2004 (M2 PRESSWIRE via COMTEX) -- Stocks in the News: Spectrum Sciences & Software Holdings Corporation (OTC: SPSC), Auction Mills Incorporated (OTC: AUML), Bentley Sports Incorporated (OTC: BESR), Innovation Holdings (OTC: IVHO) and CMKM Diamonds Incorporated (OTC: CMKX).
Spectrum Sciences & Software Holdings Corporation (OTC: SPSC) shares gained 2.65% on Monday to close the day at $1.16. SPSC, an emerging leader in homeland security, recently announced the company has expanded and is fully operational in a newly acquired manufacturing facility providing 33,000 more square feet of space.

Auction Mills Incorporated (OTC: AUML) shares surged 21.95% yesterday to close at $2.50 with 1,419,474 traded. The company announced that franchise interest has been greater than anticipated. Auction Mills Inc. supplies the public with a convenient, professional and confidential approach to participating in the eBay online marketplace.

Bentley Sports Incorporated (OTC: BESR) - Keep an eye on this company as it recently finalized plans to unveil its patented Kinetic Swing System(tm), an Internet based golf education system resulting from 15+ years of research that has proven to enhance the performance of beginning and amateur golfers, as well as the world's top players.

Innovation Holdings (OTC: IVHO) shares did not change yesterday despite above average volume trading. The company announced last month that it has signed a preliminary letter of intent to acquire a 49% equity interest in Ironwood Furnishings, Inc., a Nevada corporation.

CMKM Diamonds Incorporated (OTC: CMKX) shares remained unchanged in yesterday`s market despite 3,900,841,472 shares traded on Monday. The company announced last week that it purchased common stock equating to 25% of the outstanding shares of Juina Mining Corp. CMKX plants to distribute the 95,502,027 shares of Juina Mining Corp. as a dividend to its shareholders.

The market closed with slight gains after recouping from opening losses after the US government warned of a possible terrorist attack against financial institutions. The Dow, Nasdaq and S&P 500 climbed through out the day to end up 0.39%,0.25% and 0.44%, respectively, due in part to a stellar report from Procter & Gamble (PG 53.35 +1.20), which gave the Dow a boost. Oil prices opened the day down about 30 cents, but the September crude oil futures contract closed up 2 cents...the10-year note rose 6/32 to yield 4.45%.

Keep the Alerts On!

************ has put a Money Alert on these companies. To understand what these alerts mean go to http://www.***************/. Also, check out the ************ performance page at http://***************.gosynapse.com/default.asp?c=1808 to chart our impressive track record with clients. For direct response in regards to the current release please contact chris@***************.

Posted by tic_toc on :

Strangely my post concerning the cheap aquisition of the Juina shares has been wiped.

Again.....

500,000 / 95,502,027 = .0052

500,000 / 127,336,036 = .0039

Juina trades at 0.06. It was probably 0.05 when this deal was struck, so why does CMKX get the shares at more than 10 times cheaper than the trading value?

Can somebody, put this into the equation somewhere?

Posted by Money_Penny on :

From another board - It reminded me of some people here!

CMKX is the next CRACK
« Thread started on: Today at 01:28am »

--------------------------------------------------------------------------------
I don't know about you folks, but I have been investing the last 5 years and this is my first sub-penny stock. Its been a ride so far.

It has become quite an addiction. Soon Ill be selling everything I own to get more, tweak when its not arouind or not trading, start picking sores when it doesnt go up, sleepless nights, and most of all, I may have to start stealing to get more.

CMKX, the next CRACK

Posted by Bam Bam 17 on :

CMKX JV brake down.
http://akbonline.org/Sub-Chart.pps

May God Bless All.

Posted by Money_Penny on :

quote:
Originally posted by Bam Bam 17:
CMKX JV brake down.
http://akbonline.org/Sub-Chart.pps
May God Bless All.

LOL. High aspirin consumption in CMKX land today!

Posted by JBCak47 on :

top of the morning to ye!

Okay, I placed an order for 666k (Mark of the beast!) shares of cmkx at .0003 From what I have read on the L2's there are like 10-12 MM's on .0003 today So maybe I will fill

I have until 4pm, a baggie full of byrd and all some fruit punch. I can wait longer than they can!!! Lol...

Well looks like I am out of Fruit punch.... I gotta go to the store guys, be back in a little bit...

-John-

Posted by WWJD-thru-me on :

Hi Money and Bam Bam -Can you copy the map or whatever is on that link? I am very careful about downloading anything. Even with all the firewalls and virus protection software I still am careful.

Money_Penny-I can relate. This stock is a roller coaster. I am buying more today and have an order in for .0003. I bought 1/2 of what my brother in law wants for his account today at .0004 and will try for some .0003 for him too. He is up to 12 Million shares now. He barely trades and he has CMKX fever.

It is funny but the more I learn about this company the more I want to buy the stock. I think that we do not know the share count yet from the OTCBB dividend post, but if the dividend date for UCAD is in late September the MM's; will the MM's have a lot of time to cover? I will have to check the CIM dividend date. The dividend award date for UCAD may be that far in the future since we will be able to know the exact share count when it is awarded. So we have a definite by no later than date to know the outstanding share count. Hopefully, the share structure will be released by that time too or I will have a meltdown (also known as a hissy fit-I lived down south for a few years and my vocabulary is so much richer for the experience-I'm the onliest (pronounced own-lee-ist) one in my family fluent in 'Suthern' and Northern speech).
IMO-GLTA-DD-Debi

Posted by Bam Bam 17 on :

A member at PalTalk made the map I just go to the link and I printed a copy.

May God Bless All.

quote:
Originally posted by WWJD-thru-me:
Hi Money and Bam Bam -Can you copy the map or whatever is on that link? I am very careful about downloading anything. Even with all the firewalls and virus protection software I still am careful.
Money_Penny-I can relate. This stock is a roller coaster. I am buying more today and have an order in for .0003. I bought 1/2 of what my brother in law wants for his account today at .0004 and will try for some .0003 for him too. He is up to 12 Million shares now. He barely trades and he has CMKX fever.
It is funny but the more I learn about this company the more I want to buy the stock. I think that we do not know the share count yet from the OTCBB dividend post, but if the dividend date for UCAD is in late September the MM's; will the MM's have a lot of time to cover? I will have to check the CIM dividend date. The dividend award date for UCAD may be that far in the future since we will be able to know the exact share count when it is awarded. So we have a definite by no later than date to know the outstanding share count. Hopefully, the share structure will be released by that time too or I will have a meltdown (also known as a hissy fit-I lived down south for a few years and my vocabulary is so much richer for the experience-I'm the onliest (pronounced own-lee-ist) one in my family fluent in 'Suthern' and Northern speech).
IMO-GLTA-DD-Debi

Posted by Candydish on :

Sorry, I have never worked with dividends like this etc...
If we are getting a dividend, is that money or stock shares? What does it equate out to being?
example: for every million shares of CMKX, what is it that we get.... I'm soooooo confused.

Posted by Money_Penny on :

Debi,

If you have good virus protection software and firewall, clicking on a link won't hurt your computer.

Posted by Upside on :

Candydish,
You will be getting shares of stock in different companies. So far you will be recieving shares of UCAD, GEMM, and CMI. Of those three, UCAD and GEMM are publicly traded companies, CMI is not so those shares are basically worthless unless CMI goes public. Also the UCAD shares will have a one year trading restriction on them where you won't be able to sell them for a year and then there might be fees involved. No one can answer how many of each you will receive because the outstanding share count of CMKX has not been released yet.

Posted by Money_Penny on :

quote:
Originally posted by Candydish:
Sorry, I have never worked with dividends like this etc...
If we are getting a dividend, is that money or stock shares? What does it equate out to being?
example: for every million shares of CMKX, what is it that we get.... I'm soooooo confused.
CD

Here you go Candy: http://www.bigskysoftware.net/CMKX/OS.htm

Posted by JBCak47 on :

Candy Dish

I love that screen name by the way!

Okay, I am probably on the next rung up on our ladder but I will try my best to describe it.

With the dividend we will get shares of CIM, a subsidary of CMKX. They will be the company used in the George Lake Zinc Deposit...

UCAD shares and now GEMM shares...

How many shares we will recieve is based upon the total OS/AS of CMKX... which we do not really know how much. It is clear it is over 100 billion, some say 500 billion, some 400 billion, others 250 so lets say 250-500 billion shares...

So if there are 500 Billion authorized shares, lets just say,

the ucad dividend of 7.5 million shares equals for every 1 share of cmkc you get .000015 of UCAD, so 1 million shares of cmkx=15 shares of UCAD

the GEMM=like 225 million shares (provided we buy the other 25%) so that would equal1 million cmkx shares gets you 562 shares of GEMM

But those numbers chage if the A/S O/S is less than 500 billion. If it it 'only' 250 billion, then double the dividend numbers...

I hope this helps Candydish...

-John-

[This message has been edited by JBCak47 (edited August 03, 2004).]

Posted by TradingWizard on :

quote:
Originally posted by JBCak47:
Trading Whiz:
Thanks so much ! I really feel all of your prayers have helped... About half an hour after I posted that things calmed down, so Thank you all...
How are things by you TW? Do you work at home/office? I am curious that is all. I am at work right now (I took off a few days last week,lol, I am such a lazy butt)
You mentioned you had a husband, any children? Dogs, cats or Chinchilla's??? (Chinchilla's make great pets but can be rather dusty, they take 'dust' baths, which require you to buy, yes, you guessed it, Dust... You buy cans of this dust powder and they 'bathe' by rolling around in dust... It coats you, your room, everything... but the chinchilla is happy...)

Good morning! I am back after long weekend Good to hear from you JB - I noticed few honorable calls of my name around here....
JBCak47 glad things work out. Looks like lot of work with chinchilla, and dust I don't know if I can take it. I am not much a animal lover, but boy the animals like me - dogs run after me, we got 3 skunks on the back yard after the rabbit moved out and a bunch of birds. I got rid off my snail after my 3 guppies died, and I got Chinese fighting fish from my brother as a gift (I am not really ready for another death in my fish tank). Oh well....something to keep me busy around the house. And to answer few of your questions, no kids yet, and I do work from home (in the process of setting up an internet business)....I quit working for someone else last year in Dec, and after exhausting year (long hours, lots of mental managing work and long drives) I did almost nothing for couple of months...I started looking into investing a bit because I had some money sitting around, and here I am. I just bought more USCI for 0.0001 - hope its a deal.

Back to CMKX - very steady ride so far, but waiting patiently for returns hopefully in the near future.

Looks like I missed some interesting piece of thread that got deleted earlier....so who did it this time....

The Trading Wizardess - JB I did not think about this - I wonder if I ask Bob Frey, may be he can do some modifications.

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

Posted by JBCak47 on :

Trading Whiz/Wizardress

Congrats on the home business A skunk?!?! Three?!?! That must be really amusing to watch. Are they social animals? Rabbits are great! My ex girlfriend had one named Buniculla (A name from a cartoon she watched in School about a Vampire Bunny who sucked the juice from carots)

USCI is a good bet at .0001 I got in at .0015 but couldn't avergae down anything until like .0008 I think or .0007 and because of CMKX there is no money for USCI. I really should just throw another 50 dollars, sooner or later it will ahve a run up to at least the .0015 level... if real news is happening like the rumors and whispers of news comming is true, I would not doubt .002x as being possible seeing how the stock has reached these levels previously, not that the past dictates anything but it is helpful...

Like I said, at .0001 you really have little risk, as far as the penny stocks go. You know what I mean? If anything, when CMKX hits we may still be able to secure a pretty large position at these overall inexpensive levels...

That is what I am day dreaming about. Then we can be like these people who have insanely large share postions... Ohhh no... Is my measely 3 million shares a reflection of my man hood admists power players (Not the 'player' type as in Pharm lol...j/k) of 20, 50, 100 million shares!?!?!?!? Lol...

SHARE ENVY!!!!!!!!!!!!!!!!!!!!!!!

=============================================
So I can't get into Choice trade,lol... anyone else having difficulties signing on? Errrrrrrrrrrrrr !!!

=============================================
-John-

[This message has been edited by JBCak47 (edited August 03, 2004).]

Posted by TradingWizard on :

John even 3 million of shares can give you a nice return, I have 3.5 (at 0.0001) and just going to sit on it, not buying and not SELLING. I like stocks in these price ranges, because they can spike up high and also disappear right down, that way I don't have to watch them painfully....the skuns are nice as long you don't attack them. They do some damage to the grass digging, but since I sprinkle some chilli pepers and black peper they been hovering on the neighbour's property....the laws are tough here so we cannot do anything not even relocate them pass 1 kilometer.

Anyway, I think CMKX may be a long term wait, so hoping that USCI will spike soon....

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

Posted by newbe on :

I noticed some people trying to boy @.0003.
I tried yesterday at that price for 1.5mil shares--no fill. Today I filled @.0004.

If anyone fills at .0003 please post it?

GOOH CMKX

Posted by VNGNTN1 on :

A THOUGHT
I have taken this opportunity (based on apparent CMKX strategy) to buy some GEMM & ECPN. I especially like the ECPN deal:
1-Fe SOLD
2-Au & Ag always good
3-Pt High content
VAN

[This message has been edited by VNGNTN1 (edited August 03, 2004).]

Posted by WWJD-thru-me on :

Hi, I am too busy this week to get to post as much as I would like. I saw this on another board and thought it was very worthwhile. I bought more at .0004 today. I didn't see any threes go thru yet. I amy try for some tomorrow. I can never wait for the better price -I just want to buy more and get it in my account. IMO-DD-GLTA-Debi

Some UCAD PR things most may have missed
« Thread started on: Jul 21st, 2004, 6:05pm »

--------------------------------------------------------------------------------
Some UCAD PR things most may have missed

From the UCAD filing today and the PR.

This is a great PR people.

I'll lay off for now on the obvious everyone else is pointing out.

I found this very interesting. It seems that most may have overlooked it.

5.4 No litigation against the company – Good News! We know we are not being sued or have any outstanding court battles going on over any of our claims or properties involved with all of CMKX because the deal was for 5% of all and this statement of 5.4 says all is well on the litigation front.

5.5 No material Adverse change in the company – Good News! We are financially stable, even if it was only meant to cover a week, that is good news. We know that we are not diving down the hill financially and wondering how we’re going to get things paid for. Plus we have not sold off anything significant, such as more claims or mineral rights, etc…

5.6 No Brokers or Finders Fees lingering over our heads – Good News. Pretty self explanatory.

5.7 Seller and its Subsidiaries do not engage in business with any Person in which any of Seller's directors or officers has a material equity interest. No director or officer of Seller owns any property, asset or right which is material to the business of Seller and its Subsidiaries, taken as a whole. This would sort of discharge the rumors that Urban or any other CMKX officer had a percentage interest in UCAD prior to this transaction.

I have heard so many people including Sterling speculate that Urban or CMKX owned a substantial part of UCAD and this sort of dispels all of that with one little near unobservable statement in this PR. Too I talked with Melvin earlier today for a while and he said he did not know of any relationship, partnership, or ownership anyone with CMKX had before this deal. I know that is not his area of expertise, but I did hear him personally and he is still our I.R.

Plus Melvin is taking his wife to Seattle today for treatments. She did receive blood this morning to give her strength for the journey. Keep them all in our prayers.

The sections are listed below in their entirety and here is the new edited link if you want to look at it.
http://tinyurl.com/6ycmn

I just thought this was all interesting and useful as more DD we can add to the table. Thanks for reading.

Dr.D

5.4 Litigation. There is no action, suit, inquiry, proceeding or investigation by or before any court or Governmental Body pending or threatened in writing against or involving Seller or any of its Subsidiaries which is likely to have a material adverse effect on the business or financial condition of Seller and its Subsidiaries, taken as whole, or which would require a payment by Seller or its subsidiaries in excess of $2,000.00 in aggregate or which questions or challenges the validity of this Agreement. Neither Seller nor any or its Subsidiaries is subject to any judgment, order or decree that is likely to have a material adverse effect on the business or financial condition of Seller and its Subsidiaries, taken as a whole, or which would require a payment by Seller or its subsidiaries in excess of $2,000.00 in aggregate.
5.5 No Material Adverse Change. Since the date of the Asset List attached hereto as Exhibit 1, there has not been any material adverse change in the business or financial condition of Seller and its Subsidiaries taken as a whole, other than changes resulting from economic conditions prevailing in the United States.
5.6 Brokers or Finders. Seller has not employed any broker or finder or incurred any liability for any brokerage or finder's fees or commissions or similar payments in connection with the sale of the Assets to Buyer.
5.7 Transactions with Directors and Officers. Seller and its Subsidiaries do not engage in business with any Person in which any of Seller's directors or officers has a material equity interest. No director or officer of Seller owns any property, asset or right which is material to the business of Seller and its Subsidiaries, taken as a whole.

[This message has been edited by WWJD-thru-me (edited August 03, 2004).]

Posted by noahltl on :

Well, here's the latest from another board. Seems OTC BB is publishing and verifying the OS on CMKX. Some speculation that the numbers are coming from the AS, but OTC BB is verifying that CMKX supplied the numbers. Use your own judgement on believing or not. By the way, NOTE, noahltl is posting possibly negative DD:->

This is from Gerbs:

Fine, I called. Found a telephone number on the OTCBB website - see below. Spoke with a rep who confirmed the accuracy of the dividend, .0000155 shares of UCAD for each share of CMKX. Said the information came from CMKX. Read the text below and you can see why the data HAD to be supplied. Regulations state that notification must be sent 10 calendar days prior to record date. Based upon my short converation, and the conviction in the reps voice, I would have to say the OS truly is 483,870,967,742. Not what I wanted to hear of course. Also, the "+" that appears before "stk" means nothing more than to look below to see the multiplier for calculation of the payout.

Gerbs

*************************************
http://www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=08/20/2004&sDateType=Record_date

REPORTING STOCK SPLITS AND DIVIDENDS

Pursuant to Exchange Act Rule 10b-17, issuers must send notification of stock splits, reverse splits, dividends, and rights or other subscription offerings at least ten [calendar] days prior to the record date to the OTCBB Coordinator at the address below. Symbols may not be reserved for OTCBB issues.

OTC Bulletin Board Coordinator
Nasdaq Market Operations
80 Merritt Boulevard
Trumbull, CT 06611

Please contact Market Data Integrity at (203) 375-9609 with any questions regarding these notifications.

[This message has been edited by noahltl (edited August 03, 2004).]

Posted by noahltl on :

Since I may have posted negative DD, let me not leave it on that note. Here's another opinion:

diamondgolf
Diamond Finder

member is offline

Gender:
Posts: 76
Don't neglect the Float...Theory:
« Thread started on: Today at 2:02pm »

--------------------------------------------------------------------------------
If I believe the 483B O/S number - which at this point I think I have to give it some serious consideration because I trust Gerbs call to the OTCBB...then take into consideration that UC must own 51% of that - I would have to believe.

That leaves 200+B out there....I think the vloume we've been seeing is UC buying back and retiring these shares from JEFF, so that when it's time to announce the share structure, the Float is the low number we've been looking for...(10-25B)

Then UC has the very real option of buying that float back from us at $.01?...$.05...$.25 and taking the company private...leaving us with a fat check and a bunch of other shares in affiliated companies.

Anybody else think this is a very real possibility based on how this has been trading? Who else is buying BILLIONS of shares a day and not wanting the price to go up? UC!!!....so he can get full control, go private, and get his shareholders what they want in the process?

- golf

Posted by cool1sh on :

So the dividend date (Sep 24) is correct as well? 483B O/S is very high even if CMKX is retiring shares (if they are retiring).

[This message has been edited by cool1sh (edited August 03, 2004).]

Posted by Upside on :

483 billion is astronomical, and I think probably unprecedented in the history of the market. On a positive note, it appears Melvin was not lying about the o/s and it appears that CMKX really did retire the 16.5 billion shares late last year to knock the o/s down to where it is today.

Posted by noahltl on :

Much conversation on boards about this OTC report. Some are saying it is a false "planting" of info. Who knows? Like Melvin and UC are saying, don't believe it til you see the PR.

Here's some retirement DD

Casavant Mining Kimberlite International Announces Retirement of 1.8 Billion Shares
Jan 9 2004 10:05AM ET

Casavant Mining Kimberlite International Announces Retirement of 6 Billion CMKM Shares of Stock
Sep 30 2003 9:01AM ET

Casavant Mining Kimberlite International Announces Retirement of 9,020,371,427 CMKM Shares of Stock
Oct 10 2003 10:51AM ET

Casavant Mining Kimberlite International Announces Retirement of Another 4.4 Billion Shares for a Total of 13,420,371,427 CMKM Shares of Stock to Date
Oct 20 2003 8:30AM ET

Casavant Mining Kimberlite International Announces Update of Magnetic Work for Drilling and Retires over 20 Billion Shares of CMKM Stock to Date
Nov 6 2003 11:32AM ET

Casavant Mining Kimberlite International Announces That the Company Has Officially Retired 16.5 Billion Shares Back to the Treasury
Dec 17 2003 4:17PM ET

Posted by sarki316 on :

Guys Just relax with all your speculation of the O/S. We will find out soon and JUST LIKE MELVIN SAID IT WILL MAKE US RICH!!!!! VERY RICH!!!!!!!

Posted by Candydish on :

John,
Thank you regarding info on dividends.
Candydish is a screen "name" I have had for amny years. Came about because it was my CB radio "handle".
Again thank you,
CD
(aka Brenda)

Posted by Money_Penny on :

Well, it appears the OTC BB info is credible and until a PR proves otherwise, we'll have to assume the info is correct.

Posted by cool1sh on :

I hope they surprise non-believers (I am acting like one today) with less than 200B O/S. Oct 1st is the distribution date already announced (for GEMM). We should know O/S by then if not before.
(if they distribute dividend)

Still long and strong..

quote:
Originally posted by Upside:
483 billion is astronomical, and I think probably unprecedented in the history of the market. On a positive note, it appears Melvin was not lying about the o/s and it appears that CMKX really did retire the 16.5 billion shares late last year to knock the o/s down to where it is today.

Posted by ali on :

Lets wait for a official press release regarding the OS....and who knows may come below 300B...

UCAD holding well today...above $6 now...

Go Merger

Posted by Upside on :

cool1sh,
I've got to give you credit. To be able to say still long and strong is something else at this point. This makes my blood boil when I think about it, not from a financial standpoint, but when I think of the nerve of the company issuing that many shares, and if it's true let's face it, they purposely hid it from us, and then to think that I fell for it, well again, it makes me boil over.

Posted by Grasshopper on :

Well, this may be another good opportunity for you old pros to teach some of us a thing or two. What is the link between the OTCBB and the Pink Sheets that would make CMKX required to report anything to the OTCBB and follow their regulations?

Here's an excerpt from the OTCBB website:

The OTCBB is separate and distinct from The Nasdaq Stock Market.

The OTCBB is distinct from the Pink Sheets. The Pink Sheets are not owned or operated by The Nasdaq Stock Market, Inc. or the NASD. The Pink Sheets LLC is a privately owned company whose Electronic Quotation Service provides an Internet-based, real-time quotation service for OTC equities and bonds.

Posted by TradingWizard on :

Oh well I invested enough that I am quite neutral - not buying and not selling and waiting long and strong. I cannot speak for anyone but it is very obvious that CMKX is covering the O/S count - what does it take to let us know! At least we are getting something in return (dividents), they obviously trying to fix something that went wrong....

So everyone should get few chances in life to suceed...go cmkx go!

Posted by Upside on :

Grasshopper,
I believe (not 100% sure) that they have to report it because the dividend we will be receiving is in a reporting companys stock.

Posted by Brad on :

quote:
Originally posted by Upside:
This makes my blood boil when I think about it, not from a financial standpoint, but when I think of the nerve of the company issuing that many shares, and if it's true let's face it, they purposely hid it from us, and then to think that I fell for it, well again, it makes me boil over.

With all due respect Upside why let your shorts get bundled up? You say yourself in your post, "if it's true", which is exactly the basis for the wait and see approach. We all believe that the O/S will be known soon enough, (hopefully be the end of this month) so take a little comfort in that and just wait and see. Bottom line, we simply don't know that the information on otcbb.com is true. Until it's released officially it's simply speculation for all of us. IMO

Posted by cool1sh on :

I am long because I still think CMKX will go up. I definitely do not want to sell without the dividends (if they really issue).

quote:
Originally posted by Upside:
cool1sh,
I've got to give you credit. To be able to say still long and strong is something else at this point. This makes my blood boil when I think about it, not from a financial standpoint, but when I think of the nerve of the company issuing that many shares, and if it's true let's face it, they purposely hid it from us, and then to think that I fell for it, well again, it makes me boil over.

Posted by noahltl on :

quote:
Originally posted by Upside:
cool1sh,
I've got to give you credit. To be able to say still long and strong is something else at this point. This makes my blood boil when I think about it, not from a financial standpoint, but when I think of the nerve of the company issuing that many shares, and if it's true let's face it, they purposely hid it from us, and then to think that I fell for it, well again, it makes me boil over.

EASY Upside, it's just rumor til we see the PR. With Urban giving away 40 billion of his shares, he must surely own a tremendous amount of the OS. He would definitely not let more than 50% of the company shares be in anyone else's hands. It may be outstanding, but I think most of it "standing out" in Urbans account. Be patient, look at the things that have occured over the past few months. They know what they're doing and they're putting it all together. I know you want to know everything right now, but some information just cannot be made public on our desired timing. You have to trust UC and Roger or there is no reason to be in this.

[This message has been edited by noahltl (edited August 03, 2004).]

Posted by noahltl on :

UCAD suddenly moving up in volume and PPS. May precede a PR. You know, a little "insider trading"???? PPS 6.185

Posted by noahltl on :

If the OTC info was truly submitted by Roger, then we would have to have a PR now from him. I can't think that he would make such a release to a stock board without posting to his shareholders. The only exception would be if this was a "strategic" move. Don't ask me what it would be, I don't have any idea, but I still believe that there would be a good reason, and all we could do is watch it play out.

Posted by Upside on :

Brad, cool1sh, noah, etc,
You guys are of course right but even the staunchest supporter right now has to admit that the information looks credible and it is not what we wanted to hear, especially secondhand, instead of straight from the horses mouth so to speak. As far as Urbans holdings go, the latest speculation is that he owns none as he is not entitled to the UCAD dividend due to his contributing his 40 billion shares. No, I'm not selling at this point either as there is still hope but as of right now, this doesn't look too good.

Posted by Money_Penny on :

And the plot thickens...from another board:

-------------------------------------------
tmash
Diamond in the Rough

Joined: 18 Jun 2004
Posts: 4

On pal6talk today

Dugg called OTCBB and had them look up the actual notice sent to them. They said that the numbers were given to them by a "D R Glenn". Dugg contacted Melvin whom inturn contacted UC. Dugg was told that the PR was untrue and that they (anybody from CMKX or Glenn's office) did not give that info out. Also, they appear to be "pissed" off about it.

This what I heard on Pal talk FWIW.

Posted by TradingWizard on :

I wonder who is the 'prankster' - if there is a one. :d

Posted by Money_Penny on :

I have to admit, if I loose all my money, I'll still feel good about it because this is the best $1200 I ever spent!!!

Posted by Meatcliff_buxtable on :

Hello All,
I just wanted to say thanx. I have been a what you call "Lurker" for the past few weeks (about a month and a half actually), after I received this CMKX stock tip from my motgage broker. I knew absolutely nothing about the stock market, but you guys have helped to increase my knowledge of stock dealings ten-fold. Reading your messages about this stock have been the most exciting thing that I have done in weeks. Your speculations leave me every day with my heart in my hands ...so to speak. Well long story short I have since gotten a few of my friends to buy the stock and we are about 6 Million strong. So again I say thank you and good luck.... although it really is looking like there is none needed...... I don't care what has been "leaked" out as the o/s count.

------------------
If heaven had a height .... You would be that tall.

Posted by tic_toc on :

I'm going to bring this up again....anyone?????

quote:
Originally posted by tic_toc:
Strangely my post concerning the cheap aquisition of the Juina shares has been wiped.
Again.....
500,000 / 95,502,027 = .0052
500,000 / 127,336,036 = .0039
Juina trades at 0.06. It was probably 0.05 when this deal was struck, so why does CMKX get the shares at more than 10 times cheaper than the trading value?
Can somebody, put this into the equation somewhere?

Posted by bill1352 on :

1....retired shares are not part of the o/s
thus if they did retire what they said in 2003 they re-issued them. which also means that nevada mining owns more of cmkx then cmkx does
2....UC does not own any shares of cmkx or he would be getting the same dividends as us. the pr said in plain english...because the deal was before the 20th he would not be getting the dividend, it didn't say he coose to give it up even though he still owned shares.
3...with an o/s like that its easy to see why the pps has not gone up. the volume could be 4 billion a day for yrs and it wouldn't move
4...i guess melvin didn't lie about the o/s being 400 billion...it was way over...still don't understand how he would think we would be very happy

Posted by Brad on :

quote:
Originally posted by Money_Penny:
And the plot thickens...from another board:

I saw this too but didn't repost it here because this whole thing just sounds to fishy to continue to speculate. Too many second, third or forth hand comments being made IMO.

Posted by noahltl on :

quote:
Originally posted by tic_toc:
I'm going to bring this up again....anyone?????

[QUOTE]Originally posted by tic_toc:
[b]Strangely my post concerning the cheap aquisition of the Juina shares has been wiped.
Again.....
500,000 / 95,502,027 = .0052
500,000 / 127,336,036 = .0039
Juina trades at 0.06. It was probably 0.05 when this deal was struck, so why does CMKX get the shares at more than 10 times cheaper than the trading value?
Can somebody, put this into the equation somewhere?

[/B][/QUOTE]

Tic Toc I am very curious why your post keeps getting wiped. Contact the moderator and find out why. This is very curious indeed.

Posted by Brad on :

quote:
Originally posted by bill1352:
1....if they did retire what they said in 2003 they re-issued them. which also means that nevada mining owns more of cmkx then cmkx does
2....UC does not own any shares of cmkx or he would be getting the same dividends as us. the pr said in plain english...because the deal was before the 20th he would not be getting the dividend, it didn't say he coose to give it up even though he still owned shares.
3...with an o/s like that its easy to see why the pps has not gone up. the volume could be 4 billion a day for yrs and it wouldn't move
4...i guess melvin didn't lie about the o/s being 400 billion...it was way over...still don't understand how he would think we would be very happy

Let's make sure we qualify your statements here.
My answers to your bullets

1...Speculation, not fact.

2...Speculation, not fact. The PR was not as clear as you state.

3...Not fact. Even if the O/S was 500 billion, at 4 billion a day you would be sold out at 125 trading days. Not years. By the way, many days in the past few weeks we've seen volumes in the 6 to 8 billion.

4...Sarcasm

JMHO

Posted by bill1352 on :

well now we have one call saying the o/s at the otc is true and one saying untrue...lol
if it does prove to be untrue i'd have to say the mm's are in real trouble. if the otc ever traces back to where that came from there will be h**l to pay...if it is true i can understand no pr, after everything melvin has been saying, i'd want it to leak out too. even more so after the t/a mess.

Posted by HarryHar on :

Let's just wait and see...don't tell me the ending to the movie, it's just begun!

Posted by tic_toc on :

It was only wiped the once, all i want to know is the answer to my question about the shares of juina being bought for 10 times less than the trading value. lol nobody seems intrested thoigh lol.

quote:
Originally posted by noahltl:

Tic Toc I am very curious why your post keeps getting wiped. Contact the moderator and find out why. This is very curious indeed.

Posted by VNGNTN1 on :

quote:
Originally posted by VNGNTN1:
A THOUGHT
I have taken this opportunity (based on apparent CMKX strategy) to buy some GEMM & ECPN. I especially like the ECPN deal:
1-Fe SOLD
2-Au & Ag always good
3-Pt High content
VAN
[This message has been edited by VNGNTN1 (edited August 03, 2004).]

NO COMMENT ????
TIC-TOC
Been thinking about this no immediate ideas, I did buy some though.
- - - - -
PERSONALLY
I think things are just fine the PPS is holding regardless af all the B$$S, The dividends though small tend to reduce trading by longs:
1- to get the dividend
2- Creating a wait to overcome broker charges for restricted shares.
= = = =
ONE MORE TIME
The PR re ECPN has "VALUE" consider what this means !
VAN

[This message has been edited by VNGNTN1 (edited August 03, 2004).]

Posted by Brad on :

quote:
Originally posted by tic_toc:
I'm going to bring this up again....anyone?????

[QUOTE]Originally posted by tic_toc:
[b]Strangely my post concerning the cheap aquisition of the Juina shares has been wiped.
Again.....
500,000 / 95,502,027 = .0052
500,000 / 127,336,036 = .0039
Juina trades at 0.06. It was probably 0.05 when this deal was struck, so why does CMKX get the shares at more than 10 times cheaper than the trading value?
Can somebody, put this into the equation somewhere?

[/B][/QUOTE]

I can't answer your question but I can tell you about 12 hours worth of posts from last night got wiped from the board. I think yours was in that time period as I was on it at the time the wipe happened. It was wierd.

Posted by HarryHar on :

ok maybe let's just spoil the movie...

How does one verify to OTCBB that they are actually R D GLENN? Maybe one of us should try calling and saying...This is Roger Glenn, a lawyer appointed by CMKX to release public information regarding CMKX. I would like to disclose a new dividend payment on Sept 12. This will be an all cash dividend of .005 per common share of CMKX. BLAH BLAH BLAH...

It could have been anyone, you think?

Posted by tic_toc on :

no worries guys, im sure it will all fall into place

Posted by noahltl on :

By the way, the link above, to the OTC BB, doesn't lead to CMKX OS information any more. 'Spose Roger gave them a call? If anybody else can work that Board, you might see if the info is completely gone.

Posted by VNGNTN1 on :

BRAD
Exactly what are you thinking about the "wipe" Was it just a server problem or was there posts that violated some protocal ?
BRAD
There was a PR that stated UC was using 40m from his restricted shares that he would not take any profit on till ???
VAN

[This message has been edited by VNGNTN1 (edited August 03, 2004).]

Posted by bill1352 on :

brad...i've been holding and recommending freinds buy cmkx...#2 is fact, read the pr...#1 is also fact..if the o/s is 483 billion then the company has 17 billion in the treasury nevada got 75 billion..i might be wrong but i think 75 is more then 17 and if you add up the prs from 2003 it equals more then 17 billion and as the nevada state board was checked not long ago, less then 1 month and it said 500 billion as the a/s you add it up...next melvin was on the radio and paltalk saying everyone was wrong about the o/s being 400 billion. he even called joel a liar...so tell me again how wrong what i posted is if it turns out that it is a true post on the otc board.

Posted by VNGNTN1 on :

BILL
Please your mind is running way ahead of your fingers please restate.
VAN

Posted by noahltl on :

Strange things going on. The link to OTC BB was changed in my post. I have replaced the correct link. Let's see how long it lasts.

Posted by Brad on :

quote:
Originally posted by VNGNTN1:
BRAD
Exactly what are you thinking about the "wipe" Was it just a server problem or was there posts that violated some protocal ?
VAN

I don't recall anything out of the ordinary as far as the content of the posts so I can't imagine that the moderators would have deliberately wiped it away. I have to believe it was a server burp during that time. There were actually some good posts during that time IMO.

Posted by Upside on :

Noah,
The link that was posted yesterday is gone and I don't see one in your post but here it is:
http://www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=08/20/2004&sDateType=Record_date

The information is still there.

Posted by VNGNTN1 on :

quote:
Originally posted by Brad:
I don't recall anything out of the ordinary as far as the content of the posts so I can't imagine that the moderators would have deliberately wiped it away. I have to believe it was a server burp during that time. There were actually some good posts during that time IMO.

It may not be impossible someone is hacking the site, maybe BF could comment and put this speculation to rest ?
VAN

Posted by Brad on :

quote:
Originally posted by bill1352:
brad...i've been holding and recommending freinds buy cmkx...#2 is fact, read the pr...#1 is also fact..if the o/s is 483 billion then the company has 17 billion in the treasury nevada got 75 billion..i might be wrong but i think 75 is more then 17 and if you add up the prs from 2003 it equals more then 17 billion and as the nevada state board was checked not long ago, less then 1 month and it said 500 billion as the a/s you add it up...next melvin was on the radio and paltalk saying everyone was wrong about the o/s being 400 billion. he even called joel a liar...so tell me again how wrong what i posted is if it turns out that it is a true post on the otc board.

Sorry bill. I'm not trying to be difficult but I don't know of any other way to put it than what I posted in my earlier response to your comments. I stand behind them.

Posted by noahltl on :

Well here's some well thought out "speculations" from another board. Worth the read.

CDLIC
Diamondologist

member is offline

Posts: 443
FLASH! IHub Poster Figured Out UC's Master Plan!
« Thread started on: Today at 3:23pm »

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Hi All,

Well, I must say this is one of the most logical explanatons I have ever read regarding UC's Master Plan. The logic in this rings well. And, some is specualtion, nevertheless, IMHO, well founded speculation.

This is from the Investorshub.com board and was posted today.

Let me know your thoughts.

Ciao for now,

CDLIC

From: Drex Tuesday, Aug 3, 2004 12:37 PM
View Replies (1) / Respond to of 1608

I like this one! (take note I believe this is also a "race attending" person, going on my memory)
Written by: Coreton Posted here 07.28.04

I will try to Explain the actions of JEFF this past few weeks and the connections it will have to the OS, UCAD, Nevada Minerals and CMKX.
First of all there are a few things you must Know or have a good Idea about.

1) Nevada Minerals Held 66% of UCAD on 7/17/2004 (Fact)

2) UCAD had 8.5m shares in the float (Fact)

3) Urban Casavant and or friends held the entire OS Plus some shorted shares (I will use 300billion as the Number of shorted shares) (speculation)

4) Nevada Minerals will hold 75 billion shares of CMKX (fact)

5) the Public Float for CMKX will be 40b (speculation)

6) Urban will hold 120b CMKX (speculation)

Now with these things in mind, lets see how they fit together.

The following will be what I SPECULATE may be or could happen.

To explain JEFF and his actions of late we must speculate that UC had in his possession 300b or more of the short issue. This gave Urban some pretty good leverage. I believe that Urban, at some point, sold 200b shares of CMKX to Nevada Minerals for $20m. As part of the agreement Nevada Minerals agreed to sell the shares back to UC at no more than .0004 depending on the pps at the time of buyback. Part of the agreement also gave Urban the exclusive Voting rights to those 200b shares (Proxy). I believe that this is when the AS was raised to 500b.

I think that D. Roger Glenn and E&A were then hired to help Urban Move the 200b from Nevada Minerals and the 300b shorted shares in a manner that would do the least amount of harm to the company and CMKX shareholders.

UC through E&A comes to an agreement with the DTC, SEC and MMs for the MMs to purchase back the 300b shorted shares he holds @.0004. He then Buys back the 200b shares from Nevada Minerals at .0004. Then he retires 160b shares and gives the remaining 40b to the MMs to use to cover what is left of the Shorted issues. All these transactions needed to go through the open market for accountability reasons.

Now a little math here to see how dividends and Racing could be paid for without UC spending a dime.

First the original 200b shares he gave Nevada Minerals for $20million

Then he sold back the 300b shorted shares he bought at .0001 for .0004 a profit of $90 million

Now he buys back the 200 billion from Nevada Minerals at .0004 $80million

That's a net profit of $30million for CMKX and a net Profit for Nevada Minerals of $60 million both of which are non reporting. one is a pink sheet and the other is a Private company. Both are now on the Funny car.

Now then, Lets work on the Share structure. First lets look at Nevada minerals and UCAD.

On 7/17/2004 Nevada Minerals Owned 66% of UCAD I estimate that Nevada minerals held 17 million shares of UCAD with a float of 8.5 million.

On 7/19/2004 UCAD Issued 7.5 million shares to CMKX. Now Nevada Minerals holds only 51.5% but still controlling interest.

Now some speculation based on my own DD on UCAD.

UCAD is in the process of moving to a bigger board and will need to increase their Float to be liquid enough to trade freely. I believe that a forward split of 3-1 will be needed. this will make the float+shares issued to CMKX 48million and Nevada minerals holdings 51 million the AS for UCAD is 100million so as you can see this would only leave 1 million of the AS.

After the 3-1 forward split (which I believe will happen before the August 20th div date) CMKX will now hold 22.5m shares of UCAD for Div . as stated in one of the latest PRs, "Due to Casavant's share contribution to the property acquisition by CMKM occurring prior to the Aug. 20, 2004, date, Casavant will not receive this or any subsequent dividend." ( I believe that this is all inclusive) Urban has taken his shares completely out of the picture for the purposes of computing any and all Dividends.

Now we know that Nevada Minerals is going to get 75 billion shares And I believe based on the Number of CIM/CMI shares that are being pledged that our Float will be 40billion so for Urban to hold the company he would have to have more than 115billion shares.

Now with the shares eligible for the dividend at 115 billion and using 22.5 million dividend shares you get 195 shares per Million CMKX. now 75b shares of CMKX held by Nevada Minerals x 195per 1 million CMKX comes to 14.6 million shares add that to the 51 million currently held by Nevada Minerals and they now have 65.6 million shares. WOW is that not where they started with the remaining 1 million of the AS that was not issued that gives Nevada Minerals back their 66% ownership in UCAD but now they have 5 to 15% joint ownership of all of CMKX Claims. that means that UCAD increased their position in the mining world at ZERO cost.

Ok So what's in this for CMKX?? well it is simple in addition to the 60% interest in the 500k acres, if Nevada Minerals still has the 75 billion CMKX shares on August 31st then we have to divide the CIM/CMI shares (40billion) up between 115b shares. This just simply won't do, IMO, Both UCAD, Nevada Minerals and CMKX want CMKX shares to go up in value. I think Between the August 20th and August 31st date you will see a PR stating that Mr. Casavant has agreed to repurchase the 75billion shares from Nevada Minerals to be retired or that Nevada Minerals has agreed to forgo any further dividend on their restricted CMKX shares possibly even retire them. Thus taking them out of the equation for computing Div. so each CMKX share will get 1 Share of CIM/CMI.

This has been a Speculative look at My own DD that I am willing to share with you. please remember that this is only MY OPINION and nothing more

GLTA

Coreton

Posted by HarryHar on :

Bill

You have to consider the huge possibility that insiders such as family members may own over 51% of the company. And, I also think that the PR in regards to UC receiving dividends in UCAD are unclear. You are making an assumption, IMO, that all he had was 40 billion shares. It can be read both ways, the way you say it is supposed to be read, and also in a way where it can be seen as Urban won't be getting any UCAD shares for those 40 billion shares he's given up.

I would bet 200k shares of my cmkx that Urban and his insiders still own at least 51% of the company's stock. Any takers?

[This message has been edited by HarryHar (edited August 03, 2004).]

Posted by bill1352 on :

vng...i'm just adding up the pr's from the company and have listened to mel on the radio. everything melvin said has been posted here including the links to the radio when he called melvin a liar. now if it turns out that someone has done something that would be illegal such as calling otc and acting as if they were roger then of course none of this would be true but if the otc post is correct then eveything i stated would be true unless of course the 4 or 5 ppl that posted what they said about calling the nevada state board was a lie but that would mean the a/s is more then 500 billion. i just bought 900 thousand shares yesterday to bring my total over 2 milliom because i believed the o/s was close to 400 billion and thus these shares would not add up to much with the 1.2 million i had. unless UC too k the last 1 million he got from ucad and has been buying shares like crazy the last week our pps is going to take something huge to move up

Posted by TradingWizard on :

Geeze what a bumpy road today, I cannot keep up with you guys

....FYI every story has ending, and we are not there yet.

Posted by Brad on :

quote:
Originally posted by noahltl:
Well here's some well thought out "speculations" from another board. Worth the read.
CDLIC
Diamondologist

member is offline
Posts: 443
FLASH! IHub Poster Figured Out UC's Master Plan!
« Thread started on: Today at 3:23pm »

Wow!!! How does somebody have the time to sit down and come up with a theory like that. No clue as to how close it is to being correct but fun to read anyway.

Posted by VNGNTN1 on :

SPECULATION PLEASE (Especially SToned Pigeon)
Should we be buying UCAD ???
VAN

Posted by TradingWizard on :

quote:
Originally posted by VNGNTN1:
SPECULATION PLEASE (Especially SToned Pigeon)
Should we be buying UCAD ???
VAN

Van I wish I could help you, but I don't know. Just noticed you been calling for some stock buying advice lately.

Posted by Upside on :

quote:
I would bet 200k shares of my cmkx that Urban and his insiders still own at least 51% of the company's stock. Any takers?

Define "Urbans insiders" first.

Posted by VNGNTN1 on :

quote:
Originally posted by VNGNTN1:
SPECULATION PLEASE (Especially SToned Pigeon)
Should we be buying UCAD ???
VAN

PS
From long business experience, anytime there is this much manuvering. The people who are "DEEP THINKERS" will win( those that can folow multiple levels of action) We certainly are at a position where this is true. Many of you are here to learn, but a few of you can "mentally" handle the DEEP THINKING which could benefit everyone.
I always felt I was a deep thinker and have proved so in the past, this is a new challenge for me and I need help !!. I will be off board from 8/6-8-14.

Posted by VNGNTN1 on :

Sorry Double Post

[This message has been edited by VNGNTN1 (edited August 03, 2004).]

Posted by Brad on :

Van, you're deep alright. ;-)

Posted by bill1352 on :

IMO i will be suprised if by the middle of sept the o/s is 483 billion...i believed it was high but also had a feeling UC wanted to reduce it greatly without a r/s by retiring shares in some way. why i feel this way i'm not sure maybe in part because of ppl on this board maybe because of listening to melvin but any investor that know even very little about the market knows that a 483 billion o/s is stupid...100 billion dollars worth of diamonds gives us a pps value of .05 a far cry from making a million millionaires unless you have millions of shares. i will be disappointed if it ends up this way because my gut instinct was wrong. even though my last posts are negitive i still hold hope but the fact is that a 483 billion o/s is very negitive.

Posted by VNGNTN1 on :

quote:
Originally posted by TradingWizard:
Van I wish I could help you, but I don't know. Just noticed you been calling for some stock buying advice lately.

TW
I have a great deal of experience and part of that is I know that I DON'T KNOW IT ALL, The people here ,working together, can be winners.
VAN

Posted by VNGNTN1 on :

BILL
.05 you must be very young. If I see that I will be very happy and you will be much longer for a $1.
VAN

Posted by Brad on :

Just for fun from Zen

-------------------------------------------
http://www.investorshub.com/boards/read_msg.asp?message_id=3720981

NUMBERS WE CAN ALL RELATE TO.

Let's simply look at this as a business proposition. Let's assume that bashers have induced selling from approximately 400 millon shares held by weak or newbie investors (I doubt the number is that high but let's just say it is). Now let's say all the good news we hope for hits and shorts have to cover. And let's say it takes the price to a conservative 5 cents. Now if we take the actual number of Ms Shell's bashing hours, averaging 50 hours per week for the past 8 weeks (400 total hours) we can deduce the following Return on Investment equation.

Sold shares = 400 million x .0004 = $160,000
Price at which shorts would have HAD to cover = .05 x 400M = $20 million
Cost saved = $20 million - $160,000 = $19,840,000
Per hour return = $19,840,000 divided by 400 hours = $49,600 per hour

Now THAT would be a wise investment in resources and perhaps would help some to understand possible motives for the appearance of certain invidividuals here. As a business proposition, it just makes sense. We believe CMKX is a wise investment. And I believe that whoever may be backing Ms Shell and her merry band may also view their investment as wise. The above figures, if true, would certainly support that.

PLEASE NOTE: I do not believe the above. This is called humor, albeit subtle. (However, I do believe that the bashers probably did only induce 400M or less shares of selling among the 10s of billions traded in the past few weeks.)

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 VNGNTN1 on :

ALL
Just a Thought !!
Most of you are PennyPeople and that OK. So when someone comments on a $6 stock(UCAD) it may immediately turn you off. That's ok too!
For those of you who are willing to look into the (VALUE,MATH) of this, and never doubt that just because you OWN CMKX that all these other "kinda related companys" don't matter !?!?!?! They are intamately related and the strategic purchase and/or sale of those MAY be MORE important than the PPS of CMKX. or maybe not. My experience tells me if you are unwilling to do the "DUE" you may not come out on top later. That's ok also becuase you may help me make MORE money.
Like I say "just a thought"
VAN

Posted by HarryHar on :

Upside

Insiders to me means people that would grant Urban the voting rights associated with their share position.

Posted by VNGNTN1 on :

HARRY
Insiders are those(anyone) who has information not immediately available to public
1-R.Glenn
2-UC
3-Melvin
4-Partners
5-B O D
- - - -
VAN

Posted by Acherontia styx on :

quote:
Originally posted by Upside:
Noah,
The link that was posted yesterday is gone and I don't see one in your post but here it is:
http://www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=08/20/2004&sDateType=Record_da te
The information is still there.

Upside,

Can you tell me how to find that information on OTCBB for myself? I go to the OTCBB Daily List page, enter "CMKX" under Search Criteria, then I select Dividends - Record Date under Category, and use 08/20/2004 as the date range, but CMKX does not come up. What am I doing wrong? Also, what does this mean from your link under Notes, "Will not be quoted Ex."? Thanks.

Posted by HarryHar on :

Van

I gotta hedge my bet somehow...hahah

Posted by HarryHar on :

Van

I gotta hedge my bet somehow...hahah

Posted by RaiderJR on :

I have my own deep thoughts.

1. If it is true that UC made a deal to sell back shorts to Jeff at .0004, couldnt he take those proceeds and buyback an equal number of real shares at the same price.

Thus a short position of 500 billion would retire 500 billion real shares. 300 billion would retire 300 etc.

The MM's could be retiring all of our shares. Except the ones I own of course.

I believe the 483 billion OS includes all naked shorts. Some DD posted earlier showed how MM's logged them and recorded them.

Of that 483 billion how many would be real shares? That is the issue.

Also no one has shown where a pink company has to provide OS when the dividend is from a reporting company. One post last night stated the OTC.BB could receive the info from either company or MM.

So the MM's could have provided the info. In so doing the MM's may have provided Naked shares as well.

I am of the opinion that OS is not a concern because at .0001 all can be retired for 50 million.In one quick push of the button it can go from 500 billion to 1 billion or less as they work out the details of this company going forward.

What matters is where we end up. If we have diamonds in quantity we will be big winners, period.

Posted by Upside on :

originally posted by Acherontia styx:

quote:
Upside,
Can you tell me how to find that information on OTCBB for myself? I go to the OTCBB Daily List page, enter "CMKX" under Search Criteria, then I select Dividends - Record Date under Category, and use 08/20/2004 as the date range, but CMKX does not come up. What am I doing wrong? Also, what does this mean from your link under Notes, "Will not be quoted Ex."? Thanks.

To answer the 2nd part of your question first, this is what I'm assuming they mean. When a stock declares a dividend, an Ex.-dividend date is usually attached to the symbol when you look up a quote on it. The date is to inform you of when you have to own the stock by in order to recieve the dividend. After that date (the Ex-dividend date) the date tag is dropped and the stock is quoted as normal. I'm assuming they're saying CMKX will not be quoted with the Ex. date attatched, possibly because it is a pink sheet stock. To answer the first part, I was not able to enter the proper search criteria either to make it work. I copied the link from another board. What you can do though is copy only the first part of the link, right up to and including the ? after .asp. Paste it into your address bar and it will take you to the otcbb site and it will bring up every company that has declared a dividend of any type. Be patient if you do it though, it takes a long time to load because it is huge! CMKX is about 22nd or 23rd on the list. Last night they were at # 10 so I'm assuming as new companies report, the older ones are pushed down.

Posted by WWJD-thru-me on :

Wow, Busy Day. For the record, I am still Long and Strong and did buy more today and will be buying more tomorrow. I aksed a question on one board about if the OTCBB paperwork could have been filed by the ocmpany using the Authorized share number and be legal. I didn't see an answer. I can't remember where I posted the question. Oh Well. I liked the CDLIC post. For some it may too out there. For me this stock is stranger than fiction and I am convinced it is going to do very well. I know they had a naked short problem. I know Roger Glenn is a smart man and we needed and need a smart man to get us through these shark infested waters. I trust this company (and not because I am a naive Pollyanna). I am basing that trust on talking with Melvin about four times and getting a glimpse of his personal integrity. Talking with people who know him and trust him. Reading the Sarbonne Oxley act and catching a glimpse of Roger Glenn's integrity. How many here have read that? The person who drafted that is calling for integrity. UC has made himself available to shareholders at the races. He is said to be a straight up 'what you see is what you get' kind of man. He is not the typical silver tongued con man. He is a loveable Grandfather type who wants to do good. he has worked 17 years putting this together. No one I know works 17 years to get this kind of deal together with these kind of mineral rights and players to make it a con. Playing it straight will make him wealthy beyond his dreams. OK-so that is why I am trusting this company. They have been telling us to wait for the share structure. I admit I do not want to wait. The second I thought I could figure it out I had to leave the house for a long drive and I was doing the Math in my head. No small accomplishment IMO. I came up with the correct number. I had to do it a few times-maybe more because I didn't like the answer, than any other reason. Anyway because I do trust this company I have not had a crazy acid indegestion kind of day. I trust the DD that I have done. I don't know what the ultimate share count is going to be. I had said at the beginning if this only goes to .01 I would be upset. At .05 I stll will be less than happy even though I will have over 2 million dollars. I am still expecting this to be better than a nickle. I have an appreciation for what a couple of million dollars can do but I want to sponsor 1000 Hope Child kids thru World Vision and pay 10 years up front. These will be AIDS orphans and their communities in Africa. It costs $30 a month times 12 months for $360 time 10 years for $3600 times 1000 kids equals $3.6 million. With taxes and a few other things I want to do I can't possibly squeak by with less than $10 Million.

Based on how this stock has traded or not traded as the case may be, Based on the number of complaints made to the SEC-I made one (Am I hearing echoes), and based on the PR's that have been released, the naked short shares were easy to see. UC probably did buy a gaggle of them at .0001 and that is proably how he got Roger Glenn's attention. The SEC and other groups (DTC), (others).probably did devise a plan and it may look like or similar to CDLIC's post. The .0004 price is not natural. This has not been freely trading. The company has not issued PR's that would force a cover although they could have and maybe should have (we would expect them to). How easy would it be to issue a PR? Lots of longs are not upset if the share count is 483 Billion. The last purchase at a cost of 40 Billion shares was a good value. UC isn't running a papermill. If there is a large number of shares I believe we will have a large value. I am not telling anyone to buy, sell, or hold. But think about if this has really run or not. I don't think it is trading freely. I can only see 3 possibilities. UC is dumping shares. I rule that one out but don't rule out the CDLIC scenario of using NS to buy some of these companies and then they can sell them to the MM's to cover the short. The second one is: this is continuing to be Naked Shorted-finding that possible but strange the company and lawyer wouldn't step in once they have the proof unless we will benefit by waiting. Scenario three. The short shares are being somehow retired. If this is true and the price is frozen here I don't see how this arranged price could be bad. Bottom line. I don't know how this will ultimately play out but I do think we will be in the gravy. We have the goods. We have a good team. I am still buying tomorrow. GLTA-DD-IMO-Debi

Posted by WWJD-thru-me on :

Raider JR-Good post. I actually thought that was easy to follow the sell back of naked short shares could retire legitimate shares. So the short buy back will retire some real shares and increase shareholder value. It is possible. I don't know how this will ultimately play out but I do believe we will be very pleased in the end.
GLTA-DD-IMO-Debi

Posted by Money_Penny on :

Oooooooh my....

On another board, they have identified a single person at Jeffries Industries (JEFF) who they claim is responsible for naked shorting CMKX and holding back the PPS. They have a picture, a phone number and an e-mail address. Let the madness begin.....

Posted by Money_Penny on :

This guy is toast. Now they have posted his home address.

Posted by will on :

Y'all wanna have some fun:

The next CMKX " REAG "

See what y'all can find, not much happening with CMKX latelty anyway.

Posted by Bigrod40 on :

Hey Money, what board did you see this on ????

Posted by HarryHar on :

yeah what board!?

Posted by Money_Penny on :

quote:
Originally posted by Bigrod40:
Hey Money, what board did you see this on ????

Can't mention other boards on this forum. Anywho, the thread I was referring to has been deleted by the mods.

Posted by noahltl on :

They took the thread down on this Jeff guy, and I am glad. Until we have all the facts about Jeff's involvement, we have no idea what part this guy played, if any. There are some idiots on other boards who would pay this guy a visit.

Posted by VNGNTN1 on :

Does this imply that with this information made public we will now see a normal trading enviroment?
I would think that CMKX should be trading @ about $.002-.005 with a volume of 5-10m daily
and climbing with good PR's
VAN

[This message has been edited by VNGNTN1 (edited August 03, 2004).]

Posted by VNGNTN1 on :

quote:
Originally posted by TradingWizard:
Van I wish I could help you, but I don't know. Just noticed you been calling for some stock buying advice lately.

TW
SP owns this stock & may be up to speed on companys financials. That is why I mention this in post.
NOAH
Can you elaborate a bit more on this JEFF situation on other board ?
MP
Please fill in all details on this, if it has been purged none of the rest of us will see it. any little detail can spark an idea.
VAN

[This message has been edited by VNGNTN1 (edited August 03, 2004).]

Posted by Money_Penny on :

Van,

I will not carry that kind of info over to this board. Someone picked this guy from Jeffry's website, and there is no way to know that he is the ONE. And if he was, I would not want to share the info either because I want no part in any possible illegal activity resulting from this. No way.

Posted by RaiderJR on :

answer on the junia numbers problem from another board

quote:
Div of GEMM 25% and 24% mixed up?
If I take the 127.336.036 as the 1st dividend.
if 25% = 127,336,036 then that is 1/4 of 509,344,144 right?
if we subtract 127,336,036 from 509,344,144 it then leaves us with 382,008,108
so if we then divide 382,008,108 by 4 (roughly 24%) then we get 95502027
calculating this way, the numbers in the PR are correct, and also the 1% missing is because of UCAD is the majority owner, so UCAD has to own at least 51%.
please correct me if I'm wrong.

Posted by noahltl on :

Somebody identified the guy who works for JEFF and does the CMKX trading, or at least that is the rumor. Others added his picture, home TX, home address. That's about it, guess they wanted to harass this guy. Kind of shows the intelligence level on some of the other boards.

Posted by Upside on :

Raider,
That part of it might make sense but the main question posed by tic_toc is how did they get these shares for $500,000.00? That equates to about 1/10 of the current per share price of GEMM.

Posted by VNGNTN1 on :

TIC-TOC
One possible answer to this dilema is that UC put a previous impossible deal together and thus "earned" the deal. In the past I have been involved with some deal where no one had a solution to a problem where a known quantity of goods was waitng for someone to act. Sometimes a complicated deal can make very good money. That is what I saw in the ECPN deal and bought some shares. If developements prove this to be true then confidence will build in regards to UC.
I realize ECPN & GEMM are different companys but they are owned by same company. Certainly the close relationship between CMKX & UCAD would favor UCAD being receptive to a solution of a large problem and would be in a position to create an unusual payment.
VAN

[This message has been edited by VNGNTN1 (edited August 03, 2004).]

Posted by cool1sh on :

Kidding or typo? 5-10 Million or Billion?

I will be VERY happy when I see CMKX trading more than 0020, but won't be surprised.

GLTA

quote:
Originally posted by VNGNTN1:
Does this imply that with this information made public we will now see a normal trading enviroment?
I would think that CMKX should be trading @ about $.002-.005 with a volume of 5-10m daily
and climbing with good PR's
VAN
[This message has been edited by VNGNTN1 (edited August 03, 2004).]

Posted by Highwaychild on :

GEMM,now that is a good stock symbol.Makes one think gems.Anyway
Yea Van, I'm with ya.Now that we have an O/S?...,I think,maybe.It leaves us as to what's next on the agenda...the core samples?

Posted by VNGNTN1 on :

COOL
5m-10m
Once outside influence is gone and value is reinstated. People will have some good facts to use thru reporting, there is no reason I can see for the huge volume we have experienced. It is my belief that once the speculators determine the swing ability is gone, the real investor mentality will take over. Nothing wrong with the swingers that's reality, but reality changes.
VAN

[This message has been edited by VNGNTN1 (edited August 03, 2004).]

Posted by Upside on :

Van,
Are you basing this on the assumption that the 480billion o/s figure is correct?

Posted by VNGNTN1 on :

HIGHWAY
Maybe
Consider that UC is a wheeler /dealer and may not be comfortable in the day to day operation of a mine. I am waiting for the inevitable annoucement that they have hired a bussiness type manager to run the deals UC loves to make. Then you will see some real acceleration. (maybe I should send up a resume)
VAN

Posted by cool1sh on :

Okay, seems like 5-10M volume is very less with no R/S.

As per pps, I think it won't be less than 0003 (Knock on wood) even with this 483B O/S. We can't do anything but wait until Sep/Oct to see good or bad IMO.

Good luck to everyone. Good night all..

quote:
Originally posted by VNGNTN1:
COOL
5m-10m
Once outside influence is gone and value is reinstated. People will have some good facts to use thru reporting, there is no reason I can see for the huge volume we have experienced. It is my belief that once the speculators determine the swing ability is gone, the real investor mentality will take over. Nothing wrong with the swingers that's reality, but reality changes.
VAN
[This message has been edited by VNGNTN1 (edited August 03, 2004).]

Posted by VNGNTN1 on :

quote:
Originally posted by Upside:
Van,
Are you basing this on the assumption that the 480billion o/s figure is correct?

NO
Iam not assuming anything. Not sure we have really verified that number. In anycase it is my belief that shareholders are not trading 4t shares a day and once confidence in all facets of the operation are reported on a regular basis shareholder will tend to hold longer. This will take some time and we may go thru a tough time if the O/S is high.If solid verifible facts are released I think you will see a brief 2-3week buying period, regardless of o/s.
VAN

Posted by Highwaychild on :

I am sensing a pattern.He does have the mineral rights.I don't know how he got 'em, but he does.Now CMKX is getting in good with some miners.
Van,I'm a limestone mine surveyor(sometimes). We'll both put in a resume.

Posted by Brad on :

quote:
Originally posted by noahltl:
Somebody identified the guy who works for JEFF and does the CMKX trading, or at least that is the rumor. Others added his picture, home TX, home address. That's about it, guess they wanted to harass this guy. Kind of shows the intelligence level on some of the other boards.

That's just scary. I'm glad they took the post down. Those people on the board have no idea whether that guy has anything to do with this stock or not. Have they ever heard of innocent until proven guilty?

Posted by Upside on :

originally posted by noahltl:

quote:
Somebody identified the guy who works for JEFF and does the CMKX trading, or at least that is the rumor. Others added his picture, home TX, home address. That's about it, guess they wanted to harass this guy. Kind of shows the intelligence level on some of the other boards.

They posted his home address?! That guy better move, like tonight. Guilty or not, some nut is bound to pay him a visit.

Posted by noahltl on :

Check out Pedro's take on the OS

Posted by: Pedro2004
In reply to: None Date:8/3/2004 8:18:08 PM
Post #of 69884

Information on O/S that may be of interest.