Originally posted by dwman:
2.77 seems like we were better off on "gray sheets".
On the last thread you said you could live with your spelling shortcomings. LOL From someone who also could not live without a spell check, I fully understand. We just have to be careful when placing our limit orders. Wouldn't want to spell .002 instead of .0002 when placing buy orders. lol
Don
quote:
Originally posted by dwman:
WillOn the last thread you said you could live with your spelling shortcomings. LOL From someone who also could not live without a spell check, I fully understand. We just have to be careful when placing our limit orders. Wouldn't want to spell .002 instead of .0002 when placing buy orders. lol
Don
=======================================
not sure either, looked at pinkshheets & nothing about a halt there. otcbb normally has pinks as they are part of otcbb. would think they would have something listed though about trade resuming or god forbid a pr from ucad
What are you crazy ?
[This message has been edited by will (edited November 11, 2004).]
[This message has been edited by will (edited November 11, 2004).]
[This message has been edited by will (edited November 11, 2004).]
[This message has been edited by will (edited November 11, 2004).]
quote:
Originally posted by bill1352:
spoke too soon...lol back to $2...lol
quote:
Originally posted by bill1352:
1,000 shares is moving it $1 either way. i'd say thats not real normal. it's o/s was just increased by 3. shouldn't move that much on so little share trade.
[This message has been edited by will (edited November 11, 2004).]
quote:
Originally posted by bckibler:
Will, I think they're trading so I think RG has got them in great shape and for whatever reason you can't stand it. What is your sole purpose in posting anyway? If you think you're helping me with my USCA/CMKX investment you're not!!
===========================================
the reason we post is we own shares. after a while you get very tired of the games these companies play. its at a point of either waiting till it disappears & take a complete bath or hold & gripe. at the hold & gripe point right now...lol
quote:
Originally posted by ed19363:
Correct me if my thinking is skewed, but didnt we have a 3 for 1 split right before trading halted?? Should that not make the price be approximately 1/3 of what it was before the split?? If I remember correctly the last pre-split trade was somewhere around $12.....ergo, $4 now is about right??
Ed
quote:
Originally posted by ed19363:
Correct me if my thinking is skewed, but didnt we have a 3 for 1 split right before trading halted?? Should that not make the price be approximately 1/3 of what it was before the split?? If I remember correctly the last pre-split trade was somewhere around $12.....ergo, $4 now is about right??
Ed
It was climbing when SEC halted trading. They took the wind out of the sail period!
quote:
Originally posted by ed19363:
Well, ya gotta admit, the resumption of trading has to be a bright spot in an otherwise dismal time....
What happens when the ten-day suspension period ends? Will the SEC issue a statement about the status of the company after the suspension has ended?
No. The SEC will not comment publicly on the status of a company when the ten-day suspension ends because the company may still have serious legal problems. For instance, the SEC may continue to investigate a company to determine whether it has defrauded investors. The public will not know if the SEC is continuing its investigation until the SEC publicly announces an enforcement action against the company.
quote:
Originally posted by Upside:
The last sale of UCAD before the split was 14.75 making the post split price about 4.92 or so. Also the resumption of trading doesn't mean anything other than that the 10 day suspension has passed. This is copied from the SEC FAQ about trading suspensions:What happens when the ten-day suspension period ends? Will the SEC issue a statement about the status of the company after the suspension has ended?
No. The SEC will not comment publicly on the status of a company when the ten-day suspension ends because the company may still have serious legal problems. For instance, the SEC may continue to investigate a company to determine whether it has defrauded investors. The public will not know if the SEC is continuing its investigation until the SEC publicly announces an enforcement action against the company.
quote:
Originally posted by Upside:
According to what I'm reading, yes, that's just how it happens.
chris
quote:
Originally posted by bckibler:
Geez, what doom and gloom Will and Upside are. What would you be doing if the suspension had been extended? Handing out the koolaid with the cyanide in it to each other?
quote:
Originally posted by will:
OK, I will buy into that, but wouldn't it be more comforting and give you a little more confidence if you KNEW the outcome was favorable to us. Are you saying because it resumed trading that should be good news enough for an investor?
Is that acceptable to everyone, or is it more, "they can't expose their hand to the evil MM's and competitors, at this point"
quote:
Originally posted by ed19363:
Relatively speaking, its a bright spot. Geez, dont take ALL our hope away....I'd love to see a P/R from anybody, but it looks like they are still playing it close to the vest...
There may still be ongoing investigations, requirements to produce additional documents, incomplete audits, etc. before the conclusion.
Suspension of trading is for 10 days. Reopening of trading does not mean that an investigation is not still ongoing.
If USCA was cleared it would be unwise to announce such. If the investigation is ongoing it would be unwise to comment on anything.
If USCA issued a simple fluff statement to shareholders that everything was going well,
many would complain about the lack of details. If they issue a PR stating that they were cleared, the SEC would come down on them. If they issued a PR stating that the investigation was ongoing, it would be misconstrued as some element of guilt since they weren't immediately cleared.
PRing at this point is a Catch 22. Wrong if you do, wrong if you don't.
Once again, shareholders have to be patient and await the results. There just isn't any other choice.
quote:
Originally posted by legaleagle:
The SEC does not look favorably on a company issuing a PR concerning hearings under suspension. Regardless of what the results were.There may still be ongoing investigations, requirements to produce additional documents, incomplete audits, etc. before the conclusion.
Suspension of trading is for 10 days. Reopening of trading does not mean that an investigation is not still ongoing.
If USCA was cleared it would be unwise to announce such. If the investigation is ongoing it would be unwise to comment on anything.
If USCA issued a simple fluff statement to shareholders that everything was going well,
many would complain about the lack of details. If they issue a PR stating that they were cleared, the SEC would come down on them. If they issued a PR stating that the investigation was ongoing, it would be misconstrued as some element of guilt since they weren't immediately cleared.PRing at this point is a Catch 22. Wrong if you do, wrong if you don't.
Once again, shareholders have to be patient and await the results. There just isn't any other choice.
Then you admit the resumption of trading isn't a stroke of genius or magic by RG, just routine.
Just trying to debunk the euphoria over RG's superlegal prowess.
It should answer most of your questions.
quote:
Originally posted by dwman:
legal, if the temporary suspension was allowed to expire without being extended, why might there still be ongoing investigations? That seems odd to me. Why would they allow trading knowing that their investigation might possibly turn up evidence of some terrible nature only to discover that it is too late and shareholders have lost everything? Not arguing here. Just wondering.
Don
If the SEC had found any serious wrongdoing on the part of USCA, there would have been an enforcement action taken. Remember, that a suspension follows an investigation. There has probably been an ongoing investigation for some time. Once the suspension was imposed, I would presume that Roger Glenn acted promptly to supply the needed documentation and exhibits to answer the SEC questions. So upon presentation of the required information the SEC investigator/s began verification.
By the time of the hearing, all investigations were complete, and the presentation began on both sides. If during that hearing the SEC sought any document/s that they wished to observe in support of either side's arguments, then the investigation phase would continue, until that document or evidence was produced. In short, a technicality.
If however, the bulk of the evidence were against USCA, the SEC would have taken enforcement action immediately.
So trading is good news. With the bulk of all documentation, investigatory reports, and other evidence, no enforcement action has been taken to date.
Is it possible that something lurks in the required documents? Of course. But it is not likely that counsel withheld anything of any substance. All in my opinion.
quote:
Originally posted by dwman:
lol.... don't know will. I'll see if I can find that post and repost it here.
quote:
Originally posted by zippycal:
Funny thing is I have had buy orders in for usca at $2, $2.5, $3, and $3.5 and none of them have filled.
chris
Zippy
We are trading as gray sheets now, not the pinks.
Other OTC
Or otherwise known as the "Grey Market" is the trading of a security that is not listed on any stock exchange or quoted on the Pink Sheets or the OTCBB. Other OTC trades are reported to the NASD so investors can track price and volume, however bids and offers are not collected in a central spot so Best Execution of orders is difficult.
[This message has been edited by legaleagle (edited November 11, 2004).]
quote:
Originally posted by Upside:
There is no such thing as the gray sheets.
Upside, the quote above was taken from the OTCBB Website. Line 4
http://www.otcbb.com/FAQs/otcbb_faq.stm
If trading, but not on any board, it is considered to be trading on the gray market and are referred to in the trade as "gray sheets".
[This message has been edited by legaleagle (edited November 11, 2004).]
quote:
Originally posted by legaleagle:
Upside, the quote above was taken from the OTCBB Website. Line 4
http://www.otcbb.com/FAQs/otcbb_faq.stmIf trading, but not on any board, it is considered to be trading on the gray market and are referred to in the trade as "gray sheets".
Here is the way it was stated when I looked just now...
quote:
As well, there are many OTC securities that are not quoted on either the OTCBB or the Pink Sheets; however, they have trading symbols assigned to them so NASD members can comply with trade reporting obligations and report transactions in these securities. These securities are sometimes said to be on the "gray market".
quote:
Originally posted by dwman:
2.77 seems like we were better off on "gray sheets".
Down over 50%...why is that better?
quote:[/QUOTE]
Originally posted by safeguard:
Here is the way it was stated when I looked just now...[QUOTE]As well, there are many OTC securities that are not quoted on either the OTCBB or the Pink Sheets; however, they have trading symbols assigned to them so NASD members can comply with trade reporting obligations and report transactions in these securities. These securities are sometimes said to be on the "gray market".
Tne gray market is normally used to establish trade for a new company just before they go on a board. And occasionally it is used in a circumstance like this, while the MM's file their paperwork etc. With the SEC closed today, I would expect this situation to be corrected tomorrow.
quote:
Originally posted by safeguard:
Down over 50%...why is that better?
quote:
Originally posted by Upside:
Again, there is no such thing as the gray sheets. The phrase "gray market" is used to define a certain category of stocks but there is no quote service known as gray sheets. I also cannot find your copied quote from the link you provided. Not saying it isn't there, I just was unable to find it.
Well if the paper is old enough it could have faded from pink to gray.
The pink sheets got their name because they were actually printed on pink paper. Guess the gray sheets got their name the same way.
But what I really don't understand is why we are arguing over semantics.
quote:
But what I really don't understand is why we are arguing over semantics.
Because it's a small part of a bigger, still developing picture.
quote:
Originally posted by Justhis1ce:
Legaleagle
Don't waste your time on it; dosen't pay to get into it because some people here get off on wanting to be right all the time and challenge inanely any intelligent posts. I appreciate your posts and take them as educated opinion and no more.
Thank you Justhisice, anything I say here is just my opinion, regardless of whether some want me to commit futher.
quote:
Originally posted by will:
You know, earlier you complained that I posted the PPS. Everyone interested in this situation was looking at it. The posts were only facts. Now UpMan posts some facts regarding the lifting of the suspension, and you complain about that, and throw in a personal nasty remark.
You're a waste of my time, go with the abused, martyred, and foolish, whereever it is they gather. Now for the last time, nicely, leave me be.
Oh Will. It sounds like you are the self proclaimed Anti-Guru of CMKX on this board.
I will leave you alone because you have absolutely nothing of value to say. There are some downsides to these stocks. I challenge you to show me the perfect company that doesn't have some sort of downside. There are also positives and value to the shareholders of CMKX/UCAD. You write of nothing but the negatives. If it looks like, sounds like and smells like a BASHER, then it must surely be a BASHER!
quote:
Originally posted by will:
CMKX 0.0001 -0.0001
.0002 on both sides of it.
quote:
Originally posted by bckibler:
Oh Will. It sounds like you are the self proclaimed Anti-Guru of CMKX on this board.
I will leave you alone because you have absolutely nothing of value to say. There are some downsides to these stocks. I challenge you to show me the perfect company that doesn't have some sort of downside. There are also positives and value to the shareholders of CMKX/UCAD. You write of nothing but the negatives. If it looks like, sounds like and smells like a BASHER, then it must surely be a BASHER!
quote:
Originally posted by legaleagle:
.0002 on both sides of it.
[This message has been edited by will (edited November 11, 2004).]
quote:
Originally posted by will:
Closed at .0001 is what I see.
USCA 2.9000 -2.7500
Can't challenge those facts.
[This message has been edited by will (edited November 11, 2004).]
Some folks see devastation at these prices, some see opportunity. Funny world isn't it?
quote:
Originally posted by legaleagle:
Some folks see devastation at these prices, some see opportunity. Funny world isn't it?
quote:
Originally posted by Upside:
Legal,
Do you happen to remember the name of the person you spoke with at the Saskatchewan Securities Commission?
And CMKX could file for BK tomorrow just as easily. That just might be another easy way out. With their earnings picture such a move is not out of the question. Also just might provide the 3 stooges some personal protection.
I'll bet there are many of the shareholders of CMKX that do not find it too funny right now.
The facts surrounding CMKX were far less than acceptable prior to the Commission taking action. Now, they are worse...much worse.
quote:
Originally posted by legaleagle:
Two options: BUY SELL
No kidding? LOL
BUY is no option unless someone is having fun throwing their money down a waste disposal.
As far as SELL is concerned, haven't you been reading what some who are trying to sell are experiencing now? Sell at .0001? A pitance compared to what they probably paid. So, the third option is HOLD/HOPE.
[This message has been edited by Wallace#1 (edited November 11, 2004).]
quote:
Originally posted by legaleagle:
1.3 billion shares traded today
Over 100 billion in last 30 days disagree with you.
Meaningless!
quote:
Two options: BUY SELL
What about hold?
quote:
Originally posted by Upside:
originally posted by legaleagle:
What about hold?
Always room for the "undecided" vote as well.
quote:
Originally posted by legaleagle:
Always room for the "undecided" vote as well.
HOLD is a valid decision under certain circumstances and not necessarily indicative of "indecision". In the case of CMKX as it now appears, HOLD is about the only decision that makes any sense at all. Only a fool would BUY. No level to SELL. Might as well hold and hope for the best. Hell, it's at .0001 right now. Cannot lose much more if they go BK. With a far off remote possibility that it might go back up a bit above .0002+, HOLD "IS" the only logical decision.
quote:
Originally posted by BCmouser:
USCA CEO Rendall Williams is probably happy to see the shares trading again. He has 88,000 shares left to unload. Between June 04 and Sept 21 04 he has unloaded most of his holdings for a staggering $485,000. Not bad for the CEO of a company with no revenues and only 1300 and change in cash.Which leaves the other question " who are the suckers buying up his shares?" LOL
Good to see you again, BC.
It appears, as you said a long time ago, that both UCAD/USCA and CMKX are both a losing deal.
GLTY
[This message has been edited by Wallace#1 (edited November 11, 2004).]
quote:
Originally posted by BCmouser:
USCA CEO Rendall Williams is probably happy to see the shares trading again. He has 88,000 shares left to unload. Between June 04 and Sept 21 04 he has unloaded most of his holdings for a staggering $485,000. Not bad for the CEO of a company with no revenues and only 1300 and change in cash.Which leaves the other question " who are the suckers buying up his shares?" LOL
I guess I am one of those "suckers". $485,000 is not a lot for ownership of Yellow River, Juina Mining, Nevada Magnetics, and the COD Mine; not to mention partnerships with the El Capitan Mine and Casavant Mining.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
U.S. Canadian Minerals (USCA) is a multi-dimensional, mineral-based corporation headquartered in Las Vegas, Nevada. On its own and through Joint Ventures, USCA is looking to expand and develop mining properties throughout the world. USCA has already begun work on several projects, all of which are in various stages of development.
USCA has acquired a 20% revenue interest in 500,000 acres of Kimberlitic-likely land in Saskatchewan, Canada and an option to purchase a 25% interest in 27 claims, comprised of approximately 22,447 acres located near Smeaton, Saskatchewan, Canada . Initial drilling on the Smeaton property indicates the presence of Kimberlitic rock. Previous drilling by earlier operators had the same indications.
In addition, USCA has acquired a controlling interest in Juina Mining Corporation. Juina has a 49% interest in a joint venture partnership with DIAGEM International Resource Corp. (DGM) in the Brazilian company Juina Mining Mineracao, Ltd. (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. Juina has recently signed an agreement, subject to due diligence, to acquire Yellow River Mining, S.A. which operates the Yellow River Gold Mine in southwest Ecuador.
USCA has also acquired 100% of Nevada Magnetic Material, Inc. Nevada Magnetic Material, Inc. is focused on the production of Nickel Sulfide Anode Bars. The Anode Bars contain approximately 76.3% nickel, 1.4% silver, 1.7% gold and 20.6% residual materials according the Company's most current Assay Report.
In May 2004, USCA acquired 80% of the COD Mine just outside of Kingman AZ. El Capitan Precious Metals, Inc. will operate the property and begin to process the trailings and dumps. The revenue from such operations will be split 50/50 among the parties.
USCA has signed an agreement with Sonic Technologies International (STI) for joint research and development. STI is based in Las Vegas, Nevada. STI possesses specialized technology for separating various minerals.
http://www.uscanadian.net/index.asp
[This message has been edited by legaleagle (edited November 11, 2004).]
[This message has been edited by legaleagle (edited November 11, 2004).]
quote:
Originally posted by will:
It's funny how the first thing this morning the fact that USCA resumed trading was acredited to RG legal prowess, then only to find out later the resumption was routine and customary. They always inflate and glorify any little thing attached to this crap.
It's only "routine and customary" if no enforcement action is taken. The lack of enforcement action is owing to Roger Glenn's "prowess".
[This message has been edited by legaleagle (edited November 11, 2004).]
[This message has been edited by legaleagle (edited November 11, 2004).]
quote:
Originally posted by legaleagle:
It's only "routine and customary" if no enforcement action is taken. The lack of enforcement action is owing to Roger Glenn's "prowess".[This message has been edited by legaleagle (edited November 11, 2004).]
[This message has been edited by legaleagle (edited November 11, 2004).]
quote:
Originally posted by BCmouser:
Legaleagle I fnd it amazing that you can put a positive spin on the CEO selling out. Think for a minute- this was still Barrington Foods in Jan 04 , they were penniless owed, millions of dollars and had absolutely nothing going on. Suddenly they become mining experts and dole out millions of dollars for JV in companies all over North and South America. Not one of these companies files SEC reports. So we know the millions of dollars they are spending is not coming from the CEO -he is unloading- where is all this cash coming from. I think perhaps this is one of the questions the SEC is putting to USCA . Their Q report is due any day now -it should be a very interesting read.
3Q due out Monday from what I have heard today. Guess we'll just have to wait and see.
[This message has been edited by legaleagle (edited November 12, 2004).]
[This message has been edited by legaleagle (edited November 12, 2004).]
quote:
Originally posted by BCmouser:
Legaleagle I fnd it amazing that you can put a positive spin on the CEO selling out. Think for a minute- this was still Barrington Foods in Jan 04 , they were penniless owed, millions of dollars and had absolutely nothing going on. Suddenly they become mining experts and dole out millions of dollars for JV in companies all over North and South America. Not one of these companies files SEC reports. So we know the millions of dollars they are spending is not coming from the CEO -he is unloading- where is all this cash coming from. I think perhaps this is one of the questions the SEC is putting to USCA . Their Q report is due any day now -it should be a very interesting read.
------------------
If heaven had a height .... You would be that tall.
quote:
Originally posted by Upside:
No, we don't know that. A 10 day suspension is just that, a suspension that lasts 10 days. The investigation could still be ongoing which could result in any number of actions. We won't know until the SEC makes a public statement. I would think that if they were free and clear of all charges we would have known that by now.
Up, thanks again for the sec link you gave me yesterday. I think I read that no public statement will be made by sec if no problems are found. If problems are found then they will issue some sort of action against them. If all is well, I would not expect a public statement. Please correct me if I misinterpreted the info found on that link. BTW, good morning to you.
Don
legaleagle
Member posted November 10, 2004 22:00
--------------------------------------------------------------------------------
"I fully understand an investigation is not guilt, but I also understand it isn't a good thing."
It can be a very good thing to go through an analytical review by the SEC, and come out the other side without an enforcement action. It amounts to getting the blessing of the SEC,if you are investigated and cleared.
While it may cause a short term deflation of the price per share, the long term effect will be a new confindence by shareholders. I would dare to say that being cleared by the SEC is what this stock needs.
legaleagle
Member posted November 11, 2004 11:37
--------------------------------------------------------------------------------
The SEC does not look favorably on a company issuing a PR concerning hearings under suspension. Regardless of what the results were.
There may still be ongoing investigations, requirements to produce additional documents, incomplete audits, etc. before the conclusion.
Suspension of trading is for 10 days. Reopening of trading does not mean that an investigation is not still ongoing.
If USCA was cleared it would be unwise to announce such. If the investigation is ongoing it would be unwise to comment on anything.
If USCA issued a simple fluff statement to shareholders that everything was going well,
many would complain about the lack of details. If they issue a PR stating that they were cleared, the SEC would come down on them. If they issued a PR stating that the investigation was ongoing, it would be misconstrued as some element of guilt since they weren't immediately cleared.
PRing at this point is a Catch 22. Wrong if you do, wrong if you don't.
Once again, shareholders have to be patient and await the results. There just isn't any other choice."
So again, conveniently this is left wide open, and can take a favorable spin either way. Thats how it's done. Surely these are open and honest opinions, might even be factual, but you see how convenient it is. One could choose either post to build his next positive spin. Be great if they were cleared, but the SEC doesn't say anything, and they'll get spanked if they do. So, it could go on forever without us knowing the truth.
quote:
Originally posted by Upside:
Morning Don,
I think you're right, if they're cleared the SEC won't say anything but I would think that if they had been pronounced clean, USCA and all would be screaming it from the high heavens by now. My guess is that if and when they're cleared, we'll know about it within 60 seconds tops.
"The SEC does not look favorably on a company issuing a PR concerning hearings under suspension. Regardless of what the results were. There may still be ongoing investigations, requirements to produce additional documents, incomplete audits, etc. before the conclusion."
quote:
Originally posted by Upside:
I don't understand why the SEC would frown on a company issuing a p/r once the investigation was complete and the company was cleared. That doesn't make sense. During an investigation I can understand but once closed and cleared I would think they'd give it their blessing.
There is the possibility that I am reading it wrong. Maybe you can interpret better than I can. ???
[This message has been edited by will (edited November 12, 2004).]
[This message has been edited by will (edited November 12, 2004).]
quote:
There is the possibility that I am reading it wrong. Maybe you can interpret better than I can. ???
Not even going to try.
quote:
Originally posted by will:
Well, that part is difficult to sort out. See it says "regardless what the results are", and also "before the conclusion".
It's a word game, you're safe, and can be right either way. That's how lies are avoided but half truths published. You walk on bohtsides of the street at the same time. Could be it was meant to say something else, and it wasn't written clear. Only the author would know his intent. Surely he wouldn't capitalize on being open ended after the fact."The SEC does not look favorably on a company issuing a PR concerning hearings under suspension. Regardless of what the results were. There may still be ongoing investigations, requirements to produce additional documents, incomplete audits, etc. before the conclusion."
There is the possibility that I am reading it wrong. Maybe you can interpret better than I can. ???
[This message has been edited by will (edited November 12, 2004).][This message has been edited by will (edited November 12, 2004).]
My intent was to show all possibilities of what could occur. What else can be done until the case is concluded and published? What are your intentions in alleging that I am lying through "half truths"? Please point them out.
[This message has been edited by legaleagle (edited November 12, 2004).]
------------------
"If We Agree To Disagree, Then We Can Remain friends"
OT: FYI Zoomingstocks
« Thread started on: Today at 10:53am »
--------------------------------------------------------------------------------
an email i received
-------------------------------------
Zoomingstocks.com Announces
Changes in partnerships...
San Diego, CA Nov 12, 2004
Andrew Hill resigns as partner at Zoomingstocks.com
Martha "Marty" Estes joins Zoomingstocks.com as partner
Changes in management
Zoomingstocks.com is sad to announce the departure of one of its principle partners, Mr. Andrew Hill. Mr. Hill has been instrumental in launching Zoomingstocks.com and has resigned his position. Andrew "Andy" Hill also known as "Oaks" or "Okanagan" has accepted a new Investor Relations position with another company and will no longer represent Zoomingstocks.com in any capacity.
Mr. Hill would like to thank everyone who supported Zoomingstocks.com in its initial weeks and wishes everyone much luck with his or her investments
Succeeding Mr. Hill in his position as a principle partner at Zoomingstocks.com is Mrs. Martha "Marty" Estes. Mrs. Estes comes to Zoomingstocks.com with experience in the securities fields and excels in marketing, event planning, customer service and business development. Her skills will contribute significantly in the daily operations of this company. Welcome aboard Marty!
From Zoomingstocks.com, we wish Mr. Hill success in his new job and God speed. Jose Davila Marty Estes
About Zoomingstocks.com
ZoomingStocks.com is the premier OTCBB Stock Analysis company. It's goal, to provide you with rapid and timely information is well suited to your investment needs. Zoom your way to wealth!
Website: Zoomingstocks.com http://www.zoomingstocks.com
Zoomingstocks.com
Jose Davila
email: jdavila@zoomingstocks.com
phone: (760) 715-3737 Zoomingstocks.com
Marty Estes
email: info@zoomingstocks.com
phone: (760) 715-3737
quote:
FWIW, Andrew Hill is the new IR guy of CMKX. (from another board)
WHAT??? They didn't get rid of Melvin did they? That would be one more blow for the investors, at least this investor. The last source of amusement from this company might be gone? Say it ain't so!
quote:
Originally posted by Upside:
originally posted by TruthTeller:
WHAT??? They didn't get rid of Melvin did they? That would be one more blow for the investors, at least this investor. The last source of amusement from this company might be gone? Say it ain't so!
quote:
Originally posted by Upside:
originally posted by TruthTeller:
WHAT??? They didn't get rid of Melvin did they? That would be one more blow for the investors, at least this investor. The last source of amusement from this company might be gone? Say it ain't so!
quote:
Melvin was given another role. I don't know what else he can do.
Chief Financial Officer?
cmkxir@yahoo.com ?? AT YAHOO DOT COM??
http://casavantmining.com/profile_contact.asp
CMKM Diamonds Inc.
Diamonds Hotline:
Toll free in U.S./Canada: 877-752-3755
Andrew Hill
Phone: 306-752-3755
Email: cmkxir@yahoo.com
[This message has been edited by TruthTeller (edited November 12, 2004).]
Yeah .
quote:
Originally posted by Upside:
Chief Financial Officer?
quote:
Originally posted by TruthTeller:
or he can take Andrew's job at zoomingstocks. CMKXers are already excited about this..
Read my earlier post. His job at zoomingstocks has already been filled.
quote:
Originally posted by dwman:
If I'm not mistaken, UC stated that Melvin would always have a job with the company. I hope Peter's Principal is not at work. I kinda like Melvin.
dwman,
Surprised your background might have included knowing about the "Peter Principal".
Impressive...no kidding!
Problem with Melvin is that he never qualified for application of the "Principal".
quote:
Originally posted by Wallace#1:
dwman,Surprised your background might have included knowing about the "Peter Principal".
Impressive...no kidding!Problem with Melvin is that he never qualified for application of the "Principal".
Wallace, my friend, I'll have you know that I have an eighth grade education. Went there directly from first grade. Couldn't handle it so I became a meteorologist.
The Peter Principle was first introduced by L. Peter in a humoristic book (of the same title) describing the pitfalls of bureaucratic organization. The original principle states that in a hierarchically structured administration, people tend to be promoted up to their "level of incompetence". The principle is based on the observation that in such an organization new employees typically start in the lower ranks, but when they prove to be competent in the task to which they are assigned, they get promoted to a higher rank. This process of climbing up the hierarchical ladder can go on indefinitely, until the employee reaches a position where he or she is no longer competent. At that moment the process typically stops, since the established rules of bureacracies make that it is very difficult to "demote" someone to a lower rank, even if that person would be much better fitted and more happy in that lower position. The net result is that most of the higher levels of a bureaucracy will be filled by incompetent people, who got there because they were quite good at doing a different (and usually, but not always, easier) task than the one they are expected to do.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
From: "Pankratz, Vic SFSC" <vpankratz@sfsc.gov.sk.ca> FPRIVATE "TYPE=PICT;ALT=Add to Address Book" Add to Address Book
To: XXXXXXXXXXXXXXXXXXXX
Subject: RE: CMKM / CMKX
Date: Fri, 12 Nov 2004 10:56:04 -0600
&& &&&&&
There was no hearing because a hearing was not requested. All I can tell you is that we have been in communication with the company.
Vic Pankratz
-----Original Message-----
From: XXXXXXXXXXXXXXXXXX
Sent: Thursday, November 11, 2004 10:09 PM
To: vpankratz@sfsc.gov.sk.ca
Subject: CMKM / CMKX
Mr. Pankrantz
I am a shareholder of CMKM / CMKX and have been following the developments there concerning the halt of the company. The original date set for a hearing was Nov. 9, yet it has been postponed or something now. Could you explain why there was no hearing on the 9th? Did the company respond in any way? Did they ask for a continuance of the matter, or what?
Your response would be greatly appreciated.
Thank you in advance
oh boy back up to .0002, can't buy at .0001 i bet & can't sell at .0002....another fine mess you've got me into stanley.
"Wallace, my friend, I'll have you know that I have an eighth grade education. Went there directly from first grade. Couldn't handle it so I became a meteorologist."
*************************************
dwman, LMAO!! Glad you did not take my post the wrong way.
There was no hearing because a hearing was not requested. All I can tell you is that we have been in communication with the company.
Vic Pankratz
==================================
well at least they are talking to somebody...lol
quote:
Originally posted by bill1352:
maybe we just got a clue to melvins new job...lol
What's that Bill, US President?
quote:
Originally posted by Upside:
Jeez, don't sugar coat it or anything Will!
quote:
Originally posted by Upside:
You are a kind soul, aren't you?
quote:
Originally posted by Upside:
So how do you really feel?
quote:
Originally posted by Upside:
So how do you really feel?
LOL, Up. I think he is going to pick a scab.
quote:
Originally posted by will:
Be clear then. Will/can the company publish the outcome of the investigation without fear of retaliation from SEC or not?
Seems you say it would be good if they were cleared, but the SEC would frown on them publishing the results of the investigation if favorable. Leaving investors in the dark regarding the outcome.
Just asking which is it?
Rather that doing your Due Diligence for you let me direct you to a repost list of companies that have been suspended, and returned to trading. Since there are so many reasons why USCA may not be issuing a PR, I thought it better to let you examine how other companies have returned to the market, and how that compares to USCA.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
james55702
Diamondoligist
member is offline
Posts: 257
3 out of 150 return to OTCBB after being suspended
« Thread started on: Nov 11th, 2004, 7:13pm »
--------------------------------------------------------------------------------
From poosta over at IHUB:
http://investorshub.com/boards/read_msg.asp?message_id=4546187
No, no expert on USCA, I do have some experience in the experience though. I ask you step back into reality and check out the list of suspended OTCBB stocks since 1995 and tell me how many of them relisted back to the OTCBB. http://www.sec.gov/litigation/suspensions.shtml
Answer: 3 out of 105
Next, what was the average time frame it took for the 3 to return?
It took econnect 18 months and Golden Eagle 28 months. No data on the third.
Having Roger might help, I know Golden Eagle had their own SEC Attorney and it took 28 months to be relisted and that was even after the CEO beat the SEC in court.
http://tinyurl.com/5l2jb
The point I was trying to make, based on the suspension list and experience dustybutler is that the SEC does not just hand out suspensions unless there are either serious problems or the SEC has a grudge against someone in that Company.
I honestly and truly hope USCA makes history and resumes trading promptly because of my disdain for the SEC and the fact that innocent people (we shareholders) are getting screwed.
Best to you.
------------------------------------------------------------------
. Certainly don't have to wonder about what's on his mind but I think that's a good thing.
Just kidding of course.
quote:
Certainly don't have to wonder about what's on his mind but I think that's a good thing.
I've had some experience talking to Mr. Will and you're right dw, you dont want to go there. That's one Pandora's Box best kept closed and fully locked!
We have already spoken. Hope he and his wife are not too far into CMKX or USCA.
Are you picking on my friend Will again? He has a "bear trap" mind, so be careful! LOL
quote:
Originally posted by will:
If I told you how I really felt I wouodn't be allowed to post here anymore.
Please, tell us how you really feel so you won't be allowed to post here anymore!! Now that would be some good news!
quote:
Originally posted by Wallace#1:
RATTLE! RATTLE! RATTLE! Right, legaleagle?
Huh?
bluediamonds
Family Member
--------------------------------------------------------------------------------
Posts: 16
Registered: 28-10-2004
Member Is Offline
posted on 13-11-2004 at 03:59 AM
Time to put everything into perspective!! by brown1972
Time to put everything into perspective!! by brown1972
Diamond Hunter
member is offline
Posts: 28
Time to put everything into perspective!!
« Thread started on: Nov 12th, 2004, 1:57pm »
--------------------------------------------------------------------------------
Like everyone here, I have been watching the daily soap opera that is CMKX/USCA. Lately, we have all been bogged down by a disappointing party and the USCA halt as well as the CMKX halt in Sask. and let's not forget the dismal PPS or the fact that we have not seen news from either company in 16 days.
But we all knew going into this that it would be an uphill battle. And one that I am confident we will win. So instead of heading into the weekend depressed by what we have experienced this month, let us look at important facts that have not gotten their proper attention.
I think the biggest news of the year just came out the past few weeks and too many of us did not fully realize its importance. I am speaking of news from Shore Gold and Debeers/Kensington. Shore Gold announces that they will be concluding their sampling program with the last batches of dirt and their geologists are very confident that they will reach and/or exceed their 3,000 carat goal. Let's remember who they are right next to folks. CMKX. In addition, the ever elusive and secretive Debeers has announced that they are forming an action committee to analyze the feasability of a diamond mine on their property. They have already pledged a boatload of money for further exploration in this area for the coming year. Once again, what was the name of that company that they are right next door to?? Oh yeah, CMKX.
For those on the boards who are having their doubts as of late, just take a look at the neighbors and see how green their grass is growing. I must give credit to Sterling. Many months ago in a post on his board he basically stated that "If your neighbor's property was worth billions of dollars, wouldn't you stick around to see if yours is also worth as much" That my friends is how I feel about CMKX and I think it is something we should all keep focused on. Rendal Willimas did state at the races for many to hear that CMKX "Has got the goods." Even the Greenbaron as of last night, who was also at the race where Rendal made this statement, declares their belief that CMKX "Has got the goods"
Now as of today we learn some more good news. CMKX has decided to step up their level of professionalism by bringing Andy Hill on board as IR person. We all have different opinions of Melvin and it is my belief he will be utilized in the future by UC for a good purpose. But we certainly need to reach a higher standard which Chris at USCA has exhibited for sometime now. I also think that this move is a way to end all of this PalTalk garbage which an IR person has no business conducting.
Folks, we are going to move to the big leagues one day soon, and we can not have the kindergarten come with us when we do. I wish Andy Hill the best of luck and feel confident that he will do his best for all of us.
One other thing. Hats off again to Driller and his awesome DD and posts. I must say that when he posts it is always quality and never to waste our time. Thank you Driller for all that you do for us here. His post today regarding the American Mine and what it means to CMKX and USCA is a very poignant piece. In a nutshell folks, we are making money and going forward. This is monumental for a pinksheet company.
Lastly, keep in mind everyone that we are still waiting on a most delicious pile of PRs. With the latest halt in trading in news, it can only mean that PRs are backed up and waiting to go. Think of it like a line of 747s just waiting for clearance to land at the airport. You can see them in a line in the sky.
I wish everyone the best going forward.
IMVHO
Brown1972
http://cmkx.********s35.com/index.cgi?board=general&action=display&num=1100285828
[This message has been edited by legaleagle (edited November 13, 2004).]
You wrote:
"I don't like reposting, but occasionally you find an inteliigent one out there that is neither "pump" nor "bash", and worth reposting, like this one."
**************************************
That most certainly was not a "bash" you reposted. Disagree as to the "pump" part!! LOL
Not accustomed to reposting...Don't like to do it? LMAO That's OK. You were always welcome here.
[This message has been edited by Wallace#1 (edited November 13, 2004).]
quote:
Originally posted by Wallace#1:
legaleagle,You wrote:
"I don't like reposting, but occasionally you find an inteliigent one out there that is neither "pump" nor "bash", and worth reposting, like this one."
**************************************That most certainly was not a "bash" you reposted. Disagree as to the "pump" part!! LOL
Not accustomed to reposting...Don't like to do it? LMAO That's OK. You were always welcome here.
[This message has been edited by Wallace#1 (edited November 13, 2004).]
You seem to be trying to make a point. While I think I know what it is, I don't make presumptions. Please be clear and precise about what you are saying, so that I can respond.
[This message has been edited by legaleagle (edited November 13, 2004).]
Wallace/We have common grounds in train & Northern Prophet. First, I purchased yesterday at auction six nice Lionel items. Five of the items were in original boxes with inserts(nos. 362,352,252 & 140).
My expertise is in oil & energy stocks. I see your interest is here also. Be very careful, especially with oil stocks. Some present pink sheet stocks which do not have reservoir volumes worth pumping. Stocks with two million are worthless. I own one oil stock using secondary recovery methods to recover reservoir capacity at one hundred million plus an independent source rated it at one hundred & ninety million BBLs. Company spokesperson states that they are conservatives and the estimate is twenty-six times.
quote:
Originally posted by bill1352:
[B] i'd love to find 1 real positive piece of info about cmkx not someones guesses or fabricated story lines. i don't like kool-aide even when i make it. cmkx has 779 billion shares out and the dividend split is proof until cmkx can prove its not. hoping & guessing that its not isn't worth the time it takes to type out in here. no amount of diamonds, uranium, gold, silver or whatever will make 779 billion shares worth more then .0002 or .0003 period.it is not naked shorted because you cant buy restricted shares to cover a dividend. period. mm's can not buy CIM shares in any form as they are not real yet. period. end of naked shorted theory.B]
If everything is as simple as that, and you think there isn't a shortage. CMKX was worth .0002-.0003 before the gold news,right?
779 billion x .0002 = $155,800,000
779 billion x .0003 = $223,700,000
So why wouldn't "diamonds, uranium, gold, silver or whatever " move it?
Rule 351. Transmittal of Documents to Secretary; Record Index; Certification.
(a) Transmittal From Hearing Officer to Secretary of Partial Record Index. The hearing officer may, at any time, transmit to the Secretary motions,exhibits or any other original documents filed with or accepted into evidence by the hearing officer, together with an index of such documents. The hearing officer, may, by order, require the interested division or other persons to assist in promptly transporting such documents from the hearing location to the Office of the Secretary.
(b) Preparation, Certification of Record Index. Promptly after the close of the hearing, the hearing officer shall transmit to the Secretary an index of the originals of any motions, exhibits or any other documents filed with or accepted into evidence by the hearing officer that have not been previously transmitted to the Secretary, and the Secretary shall prepare a record index. Prior to issuance of an initial decision, or if no initial decision is to be prepared, within 30 days of the close of the hearing, the Secretary shall transmit the record index to the hearing officer and serve a copy of the record index on each party. Any person may file proposed corrections to the record index with the hearing officer within 15 days of service of the record index. The hearing officer shall, by order, direct whether any corrections to the record index shall be made. The Secretary shall make such corrections, if any, and issue a revised record index. If an initial decision is to be issued, the initial decision shall include a certification that the record consists of the items set forth in the record index or revised record index issued by the Secretary.
(c) Final Transmittal of Record Items to the Secretary. After the close of the hearing, the hearing officer shall transmit to the Secretary originals of any motions, exhibits or any other documents filed with, or accepted into evidence by, the hearing officer, or any other portions of the record that have not already been transmitted to the Secretary. Prior to service of the initial decision by the Secretary, or if no initial decision is to be issued, within 60 days of the close of the hearing, the Secretary shall inform the hearing officer if any portions of the record are not in the Secretary's custody.
Comment: The Office of the Secretary is responsible for custody and safekeeping of administrative proceedings records. Hearings, however, are often held away from the Commission's Headquarters in Washington. Exhibits introduced at such hearings or filings made directly with the hearing officer (see Rule 151) may be voluminous. Rule 350 establishes procedures to facilitate and safeguard the transfer to the Secretary of motions, exhibits or other record items filed with the hearing officer. Parties and otherpersons are afforded a specific opportunity to object if they believe that the certified record is incomplete.
Rule 360. Initial Decision of Hearing Officer.
(a)(1) When Required. Unless the Commission directs otherwise, the hearing officer shall prepare an initial decision in any proceeding in which the Commission directs a hearing officer to preside at a hearing, provided, however, that an initial decision may be waived by the parties with the consent of the hearing officer pursuant to Rule 202.
(2) Time Period for Filing Initial Decision. In the order instituting proceedings, the Commission will specify a time period in which the hearing officer's initial decision must be filed with the Secretary. In the Commission's discretion, after consideration of the nature, complexity and urgency of the subject matter, and with due regard for the public interest and the protection of investors, this time period will be either 120, 210 or 300 days from the date of service of the order. Under the 300-day timeline, the hearing officer shall issue an order providing that there shall be approximately 4 months from the order instituting the proceeding to the hearing, approximately 2 months for the parties to obtain the transcript and submit briefs, and approximately 4 months after briefing for the hearing officer to issue an initial decision. Under the 210-day timeline, the hearing officer shall issue an order providing that there shall be approximately 2 1/2 months from the order instituting the proceeding to the hearing, approximately 2 months for the parties to review the transcript and submit briefs, and approximately 2 1/2 months after briefing for the hearing officer to issue an initial decision. Under the 120-day timeline, the hearing officer shall issue an order providing that there shall be approximately 1 month from the order instituting the proceeding to the hearing, approximately 2 months for the parties to review the transcript and submit briefs, and approximately 1 month after briefing for the hearing officer to issue an initial decision. These deadlines confer no substantive rights on respondents.
(3) Motion for Extension. In the event that the hearing officer presiding over the proceeding determines that it will not be possible to issue the initial decision within the specified period of time, the hearing officer should consult with the Chief Administrative Law Judge. Following such consultation, the Chief Administrative Law Judge may determine, in his or her discretion, to submit a motion to the Commission requesting an extension of the time period for filing the initial decision. This motion must be filed no later than 30 days prior to the expiration of the time specified in the order for issuance of an initial decision. The motion will be served upon all parties in the proceeding, who may file with the Commission statements in support of or in opposition to the motion. If the Commission determines that additional time is necessary or appropriate in the public interest, the Commission shall issue an order extending the time period for filing the initial decision.
(b) Content. An initial decision shall include: findings and conclusions, and the reasons or basis therefor, as to all the material issues of fact, law or discretion presented on the record and the appropriate order, sanction, relief, ordenial thereof. The initial decision shall also state the time period, not to exceed 21 days after service of the decision, except for good cause shown, within which a petition for review of the initial decision may be filed. The reasons for any extension of time shall be stated in the initial decision. The initial decision shall also include a statement that, as provided in paragraph (d) of this rule:
(1) the initial decision shall become the final decision of the Commission as to each party unless a party files a petition for review of the initial decision or the Commission determines on its own initiative to review the initial decision as to a party; and
(2) if a party timely files a petition for review or the Commission takes action to review as to a party, the initial decision shall not become final with respect to that party.
(c) Filing, Service and Publication. The hearing officer shall file the initial decision with the Secretary. The Secretary shall promptly serve the initial decision upon the parties and shall promptly publish notice of the filing thereof in the SEC News Digest. Thereafter, the Secretary shall publish the initial decision in the SEC Docket; provided, however, that in nonpublic proceedings no notice shall be published unless the Commission otherwise directs.
Rule 351. Transmittal of Documents to Secretary; Record Index; Certification.
(a) Transmittal From Hearing Officer to Secretary of Partial Record Index. The hearing officer may, at any time, transmit to the Secretary motions,exhibits or any other original documents filed with or accepted into evidence by the hearing officer, together with an index of such documents. The hearing officer, may, by order, require the interested division or other persons to assist in promptly transporting such documents from the hearing location to the Office of the Secretary.
(b) Preparation, Certification of Record Index. Promptly after the close of the hearing, the hearing officer shall transmit to the Secretary an index of the originals of any motions, exhibits or any other documents filed with or accepted into evidence by the hearing officer that have not been previously transmitted to the Secretary, and the Secretary shall prepare a record index. Prior to issuance of an initial decision, or if no initial decision is to be prepared, within 30 days of the close of the hearing, the Secretary shall transmit the record index to the hearing officer and serve a copy of the record index on each party. Any person may file proposed corrections to the record index with the hearing officer within 15 days of service of the record index. The hearing officer shall, by order, direct whether any corrections to the record index shall be made. The Secretary shall make such corrections, if any, and issue a revised record index. If an initial decision is to be issued, the initial decision shall include a certification that the record consists of the items set forth in the record index or revised record index issued by the Secretary.
(c) Final Transmittal of Record Items to the Secretary. After the close of the hearing, the hearing officer shall transmit to the Secretary originals of any motions, exhibits or any other documents filed with, or accepted into evidence by, the hearing officer, or any other portions of the record that have not already been transmitted to the Secretary. Prior to service of the initial decision by the Secretary, or if no initial decision is to be issued, within 60 days of the close of the hearing, the Secretary shall inform the hearing officer if any portions of the record are not in the Secretary's custody.
Comment: The Office of the Secretary is responsible for custody and safekeeping of administrative proceedings records. Hearings, however, are often held away from the Commission's Headquarters in Washington. Exhibits introduced at such hearings or filings made directly with the hearing officer (see Rule 151) may be voluminous. Rule 350 establishes procedures to facilitate and safeguard the transfer to the Secretary of motions, exhibits or other record items filed with the hearing officer. Parties and otherpersons are afforded a specific opportunity to object if they believe that the certified record is incomplete.
Rule 360. Initial Decision of Hearing Officer.
(a)(1) When Required. Unless the Commission directs otherwise, the hearing officer shall prepare an initial decision in any proceeding in which the Commission directs a hearing officer to preside at a hearing, provided, however, that an initial decision may be waived by the parties with the consent of the hearing officer pursuant to Rule 202.
(2) Time Period for Filing Initial Decision. In the order instituting proceedings, the Commission will specify a time period in which the hearing officer's initial decision must be filed with the Secretary. In the Commission's discretion, after consideration of the nature, complexity and urgency of the subject matter, and with due regard for the public interest and the protection of investors, this time period will be either 120, 210 or 300 days from the date of service of the order. Under the 300-day timeline, the hearing officer shall issue an order providing that there shall be approximately 4 months from the order instituting the proceeding to the hearing, approximately 2 months for the parties to obtain the transcript and submit briefs, and approximately 4 months after briefing for the hearing officer to issue an initial decision. Under the 210-day timeline, the hearing officer shall issue an order providing that there shall be approximately 2 1/2 months from the order instituting the proceeding to the hearing, approximately 2 months for the parties to review the transcript and submit briefs, and approximately 2 1/2 months after briefing for the hearing officer to issue an initial decision. Under the 120-day timeline, the hearing officer shall issue an order providing that there shall be approximately 1 month from the order instituting the proceeding to the hearing, approximately 2 months for the parties to review the transcript and submit briefs, and approximately 1 month after briefing for the hearing officer to issue an initial decision. These deadlines confer no substantive rights on respondents.
(3) Motion for Extension. In the event that the hearing officer presiding over the proceeding determines that it will not be possible to issue the initial decision within the specified period of time, the hearing officer should consult with the Chief Administrative Law Judge. Following such consultation, the Chief Administrative Law Judge may determine, in his or her discretion, to submit a motion to the Commission requesting an extension of the time period for filing the initial decision. This motion must be filed no later than 30 days prior to the expiration of the time specified in the order for issuance of an initial decision. The motion will be served upon all parties in the proceeding, who may file with the Commission statements in support of or in opposition to the motion. If the Commission determines that additional time is necessary or appropriate in the public interest, the Commission shall issue an order extending the time period for filing the initial decision.
(b) Content. An initial decision shall include: findings and conclusions, and the reasons or basis therefor, as to all the material issues of fact, law or discretion presented on the record and the appropriate order, sanction, relief, ordenial thereof. The initial decision shall also state the time period, not to exceed 21 days after service of the decision, except for good cause shown, within which a petition for review of the initial decision may be filed. The reasons for any extension of time shall be stated in the initial decision. The initial decision shall also include a statement that, as provided in paragraph (d) of this rule:
(1) the initial decision shall become the final decision of the Commission as to each party unless a party files a petition for review of the initial decision or the Commission determines on its own initiative to review the initial decision as to a party; and
(2) if a party timely files a petition for review or the Commission takes action to review as to a party, the initial decision shall not become final with respect to that party.
(c) Filing, Service and Publication. The hearing officer shall file the initial decision with the Secretary. The Secretary shall promptly serve the initial decision upon the parties and shall promptly publish notice of the filing thereof in the SEC News Digest. Thereafter, the Secretary shall publish the initial decision in the SEC Docket; provided, however, that in nonpublic proceedings no notice shall be published unless the Commission otherwise directs.
Rule 351. Transmittal of Documents to Secretary; Record Index; Certification.
(a) Transmittal From Hearing Officer to Secretary of Partial Record Index. The hearing officer may, at any time, transmit to the Secretary motions,exhibits or any other original documents filed with or accepted into evidence by the hearing officer, together with an index of such documents. The hearing officer, may, by order, require the interested division or other persons to assist in promptly transporting such documents from the hearing location to the Office of the Secretary.
(b) Preparation, Certification of Record Index. Promptly after the close of the hearing, the hearing officer shall transmit to the Secretary an index of the originals of any motions, exhibits or any other documents filed with or accepted into evidence by the hearing officer that have not been previously transmitted to the Secretary, and the Secretary shall prepare a record index. Prior to issuance of an initial decision, or if no initial decision is to be prepared, within 30 days of the close of the hearing, the Secretary shall transmit the record index to the hearing officer and serve a copy of the record index on each party. Any person may file proposed corrections to the record index with the hearing officer within 15 days of service of the record index. The hearing officer shall, by order, direct whether any corrections to the record index shall be made. The Secretary shall make such corrections, if any, and issue a revised record index. If an initial decision is to be issued, the initial decision shall include a certification that the record consists of the items set forth in the record index or revised record index issued by the Secretary.
(c) Final Transmittal of Record Items to the Secretary. After the close of the hearing, the hearing officer shall transmit to the Secretary originals of any motions, exhibits or any other documents filed with, or accepted into evidence by, the hearing officer, or any other portions of the record that have not already been transmitted to the Secretary. Prior to service of the initial decision by the Secretary, or if no initial decision is to be issued, within 60 days of the close of the hearing, the Secretary shall inform the hearing officer if any portions of the record are not in the Secretary's custody.
Comment: The Office of the Secretary is responsible for custody and safekeeping of administrative proceedings records. Hearings, however, are often held away from the Commission's Headquarters in Washington. Exhibits introduced at such hearings or filings made directly with the hearing officer (see Rule 151) may be voluminous. Rule 350 establishes procedures to facilitate and safeguard the transfer to the Secretary of motions, exhibits or other record items filed with the hearing officer. Parties and otherpersons are afforded a specific opportunity to object if they believe that the certified record is incomplete.
Rule 360. Initial Decision of Hearing Officer.
(a)(1) When Required. Unless the Commission directs otherwise, the hearing officer shall prepare an initial decision in any proceeding in which the Commission directs a hearing officer to preside at a hearing, provided, however, that an initial decision may be waived by the parties with the consent of the hearing officer pursuant to Rule 202.
(2) Time Period for Filing Initial Decision. In the order instituting proceedings, the Commission will specify a time period in which the hearing officer's initial decision must be filed with the Secretary. In the Commission's discretion, after consideration of the nature, complexity and urgency of the subject matter, and with due regard for the public interest and the protection of investors, this time period will be either 120, 210 or 300 days from the date of service of the order. Under the 300-day timeline, the hearing officer shall issue an order providing that there shall be approximately 4 months from the order instituting the proceeding to the hearing, approximately 2 months for the parties to obtain the transcript and submit briefs, and approximately 4 months after briefing for the hearing officer to issue an initial decision. Under the 210-day timeline, the hearing officer shall issue an order providing that there shall be approximately 2 1/2 months from the order instituting the proceeding to the hearing, approximately 2 months for the parties to review the transcript and submit briefs, and approximately 2 1/2 months after briefing for the hearing officer to issue an initial decision. Under the 120-day timeline, the hearing officer shall issue an order providing that there shall be approximately 1 month from the order instituting the proceeding to the hearing, approximately 2 months for the parties to review the transcript and submit briefs, and approximately 1 month after briefing for the hearing officer to issue an initial decision. These deadlines confer no substantive rights on respondents.
(3) Motion for Extension. In the event that the hearing officer presiding over the proceeding determines that it will not be possible to issue the initial decision within the specified period of time, the hearing officer should consult with the Chief Administrative Law Judge. Following such consultation, the Chief Administrative Law Judge may determine, in his or her discretion, to submit a motion to the Commission requesting an extension of the time period for filing the initial decision. This motion must be filed no later than 30 days prior to the expiration of the time specified in the order for issuance of an initial decision. The motion will be served upon all parties in the proceeding, who may file with the Commission statements in support of or in opposition to the motion. If the Commission determines that additional time is necessary or appropriate in the public interest, the Commission shall issue an order extending the time period for filing the initial decision.
(b) Content. An initial decision shall include: findings and conclusions, and the reasons or basis therefor, as to all the material issues of fact, law or discretion presented on the record and the appropriate order, sanction, relief, ordenial thereof. The initial decision shall also state the time period, not to exceed 21 days after service of the decision, except for good cause shown, within which a petition for review of the initial decision may be filed. The reasons for any extension of time shall be stated in the initial decision. The initial decision shall also include a statement that, as provided in paragraph (d) of this rule:
(1) the initial decision shall become the final decision of the Commission as to each party unless a party files a petition for review of the initial decision or the Commission determines on its own initiative to review the initial decision as to a party; and
(2) if a party timely files a petition for review or the Commission takes action to review as to a party, the initial decision shall not become final with respect to that party.
(c) Filing, Service and Publication. The hearing officer shall file the initial decision with the Secretary. The Secretary shall promptly serve the initial decision upon the parties and shall promptly publish notice of the filing thereof in the SEC News Digest. Thereafter, the Secretary shall publish the initial decision in the SEC Docket; provided, however, that in nonpublic proceedings no notice shall be published unless the Commission otherwise directs.
Rule 351. Transmittal of Documents to Secretary; Record Index; Certification.
(a) Transmittal From Hearing Officer to Secretary of Partial Record Index. The hearing officer may, at any time, transmit to the Secretary motions,exhibits or any other original documents filed with or accepted into evidence by the hearing officer, together with an index of such documents. The hearing officer, may, by order, require the interested division or other persons to assist in promptly transporting such documents from the hearing location to the Office of the Secretary.
(b) Preparation, Certification of Record Index. Promptly after the close of the hearing, the hearing officer shall transmit to the Secretary an index of the originals of any motions, exhibits or any other documents filed with or accepted into evidence by the hearing officer that have not been previously transmitted to the Secretary, and the Secretary shall prepare a record index. Prior to issuance of an initial decision, or if no initial decision is to be prepared, within 30 days of the close of the hearing, the Secretary shall transmit the record index to the hearing officer and serve a copy of the record index on each party. Any person may file proposed corrections to the record index with the hearing officer within 15 days of service of the record index. The hearing officer shall, by order, direct whether any corrections to the record index shall be made. The Secretary shall make such corrections, if any, and issue a revised record index. If an initial decision is to be issued, the initial decision shall include a certification that the record consists of the items set forth in the record index or revised record index issued by the Secretary.
(c) Final Transmittal of Record Items to the Secretary. After the close of the hearing, the hearing officer shall transmit to the Secretary originals of any motions, exhibits or any other documents filed with, or accepted into evidence by, the hearing officer, or any other portions of the record that have not already been transmitted to the Secretary. Prior to service of the initial decision by the Secretary, or if no initial decision is to be issued, within 60 days of the close of the hearing, the Secretary shall inform the hearing officer if any portions of the record are not in the Secretary's custody.
Comment: The Office of the Secretary is responsible for custody and safekeeping of administrative proceedings records. Hearings, however, are often held away from the Commission's Headquarters in Washington. Exhibits introduced at such hearings or filings made directly with the hearing officer (see Rule 151) may be voluminous. Rule 350 establishes procedures to facilitate and safeguard the transfer to the Secretary of motions, exhibits or other record items filed with the hearing officer. Parties and otherpersons are afforded a specific opportunity to object if they believe that the certified record is incomplete.
Rule 360. Initial Decision of Hearing Officer.
(a)(1) When Required. Unless the Commission directs otherwise, the hearing officer shall prepare an initial decision in any proceeding in which the Commission directs a hearing officer to preside at a hearing, provided, however, that an initial decision may be waived by the parties with the consent of the hearing officer pursuant to Rule 202.
(2) Time Period for Filing Initial Decision. In the order instituting proceedings, the Commission will specify a time period in which the hearing officer's initial decision must be filed with the Secretary. In the Commission's discretion, after consideration of the nature, complexity and urgency of the subject matter, and with due regard for the public interest and the protection of investors, this time period will be either 120, 210 or 300 days from the date of service of the order. Under the 300-day timeline, the hearing officer shall issue an order providing that there shall be approximately 4 months from the order instituting the proceeding to the hearing, approximately 2 months for the parties to obtain the transcript and submit briefs, and approximately 4 months after briefing for the hearing officer to issue an initial decision. Under the 210-day timeline, the hearing officer shall issue an order providing that there shall be approximately 2 1/2 months from the order instituting the proceeding to the hearing, approximately 2 months for the parties to review the transcript and submit briefs, and approximately 2 1/2 months after briefing for the hearing officer to issue an initial decision. Under the 120-day timeline, the hearing officer shall issue an order providing that there shall be approximately 1 month from the order instituting the proceeding to the hearing, approximately 2 months for the parties to review the transcript and submit briefs, and approximately 1 month after briefing for the hearing officer to issue an initial decision. These deadlines confer no substantive rights on respondents.
(3) Motion for Extension. In the event that the hearing officer presiding over the proceeding determines that it will not be possible to issue the initial decision within the specified period of time, the hearing officer should consult with the Chief Administrative Law Judge. Following such consultation, the Chief Administrative Law Judge may determine, in his or her discretion, to submit a motion to the Commission requesting an extension of the time period for filing the initial decision. This motion must be filed no later than 30 days prior to the expiration of the time specified in the order for issuance of an initial decision. The motion will be served upon all parties in the proceeding, who may file with the Commission statements in support of or in opposition to the motion. If the Commission determines that additional time is necessary or appropriate in the public interest, the Commission shall issue an order extending the time period for filing the initial decision.
(b) Content. An initial decision shall include: findings and conclusions, and the reasons or basis therefor, as to all the material issues of fact, law or discretion presented on the record and the appropriate order, sanction, relief, ordenial thereof. The initial decision shall also state the time period, not to exceed 21 days after service of the decision, except for good cause shown, within which a petition for review of the initial decision may be filed. The reasons for any extension of time shall be stated in the initial decision. The initial decision shall also include a statement that, as provided in paragraph (d) of this rule:
(1) the initial decision shall become the final decision of the Commission as to each party unless a party files a petition for review of the initial decision or the Commission determines on its own initiative to review the initial decision as to a party; and
(2) if a party timely files a petition for review or the Commission takes action to review as to a party, the initial decision shall not become final with respect to that party.
(c) Filing, Service and Publication. The hearing officer shall file the initial decision with the Secretary. The Secretary shall promptly serve the initial decision upon the parties and shall promptly publish notice of the filing thereof in the SEC News Digest. Thereafter, the Secretary shall publish the initial decision in the SEC Docket; provided, however, that in nonpublic proceedings no notice shall be published unless the Commission otherwise directs.
lionelbuff,
Sounds like you got some nice buys. You missed little at the York show. All dealers compalining about lack of sales.
Thanks for the info on oil stocks.
[This message has been edited by Wallace#1 (edited November 13, 2004).]
quote:
Originally posted by ed19363:
It's still all pumping, bashing and BS, until a PR comes out. This thread is rapidly becomming worthless as a source of information.
Ed, the problem is that there is no information out there. Has nothing to do with the thread.
quote:
Originally posted by legaleagle:
I don't like reposting, but occasionally you find an inteliigent one out there that is neither "pump" nor "bash", and worth reposting, like this one.
bluediamondsFamily Member
quote:
Originally posted by Upside:
No new information, true. Any new speculation or theories?
NEWS!!!!
sterling just spec-o-lated that they found dinosaur eggs worth millions in the carolyn pipes. Lab results are going on right now.. expect a pr shortly...
tru da roooof!
CMKM Diamonds, Inc. (CMKX)
http://*************.com/Latest%20Update.htm
CMKX dividend stock US Canadian Minerals (USCA) began trading again today for the first time since it was halted the morning of October 28. Although no formal press release has been issued yet to explain the results of any questions from the SEC, trading has resumed in the shares of USCA. Today the shares of USCA were being traded through the Grey Sheets mostly around $3.00 per share post its 3-for-1 stock split. The Green Baron Report believes that due to the Veterans Day holiday that no new 15c-211 filings by market makers could be accepted so that USCA could retain its Bulletin Board listing. We expect to see USCA trade on the OTC Bulletin Board once again within the next few trading sessions.
Our primary focus is on CMKM Diamonds. Although some people remain concerned that the Saskatchewan Financial Services Commission has extended its special inquiry that was initiated on October 26, The Green Baron Report believes there is nothing to worry about. We have the utmost confidence that CMKX attorney D. Roger Glenn is helping satisfy any concerns initiated by this commission.
We have stated time and time again that we believe Mr. Glenn’s continued involvement with CMKX is not only vital, but lends serious validity to this Company. As many of our members that own CMKX stock, we would like a full explanation of everything NOW. However, we believe that Mr. Glenn is helping guide the directors of CMKM Diamonds to unveil the entire plan in a way that will be most beneficial to CMKX shareholders in the long term. We trust Mr. Glenn is the right man for this job, and that we will all be thankful by the results of his work very soon.
The Green Baron Report maintains its belief that CMKM Diamonds has “the goods”. Positive projections and increased budgets for mining activity in and around the Fort a La Corne area only confirm our belief that CMKM Diamonds could hold mineral rights to some of the most valuable property in the world. The stock remains pegged at .0002 on the offer, and it shocks us to see CMKX trade at this low price especially since well over 90% of all transactions and volume continue to be executed on the offer side. We remain convinced that CMKX will be The Stock Play of a Lifetime.
Please note: The Green Baron Report has made a special offer to CMKM Diamonds and its related companies to conduct periodic Green Baron webcasts at our expense. CMKX CEO Urban Casavant and USCA CEO Rendal Williams agreed to provide updates through this venue about every two weeks. The offer remains open to CMKM Diamonds, but we do not expect a new CEO webcast to occur until all inquiries have been completely resolved.
quote:
Originally posted by Upside:
Tradingpennys,
I agree with you that it doesn't matter if they're right next door to the producing pipes. I live within 5 miles of a mineral mine, they pull all kinds of things out of the ground, but, if I stick a shovel in the ground in my back yard guess what I pull up? Dirt! Just because I'm within close proximity to a producing mine doesn't mean my yard holds anything similar, just dirt.
quote:
Originally posted by Upside:
Tradingpennys,
I agree with you that it doesn't matter if they're right next door to the producing pipes. I live within 5 miles of a mineral mine, they pull all kinds of things out of the ground, but, if I stick a shovel in the ground in my back yard guess what I pull up? Dirt! Just because I'm within close proximity to a producing mine doesn't mean my yard holds anything similar, just dirt.
Up, maybe you need a larger yard. lol
quote:
Originally posted by dwman:
Up, maybe you need a larger yard. lol
LOL!Yea Upman,and just how big a shovel are ya using?
Don't you know anything about mining?
First you have to do a core sample.You'll need to get a good cordless drill,charge it up overnight,and boom,you're ready for phase one by in the morning.LOL!
From what Bill posted November 11, 2004 17:07
quote:
--------------------------------------------------------------------------------
Originally posted by bill1352:
[B] i'd love to find 1 real positive piece of info about cmkx not someones guesses or fabricated story lines. i don't like kool-aide even when i make it. cmkx has 779 billion shares out and the dividend split is proof until cmkx can prove its not. hoping & guessing that its not isn't worth the time it takes to type out in here. no amount of diamonds, uranium, gold, silver or whatever will make 779 billion shares worth more then .0002 or .0003 period.it is not naked shorted because you cant buy restricted shares to cover a dividend. period. mm's can not buy CIM shares in any form as they are not real yet. period. end of naked shorted theory.B]
--------------------------------------------------------------------------------
If everything is as simple as that, and you think there isn't a shortage. CMKX was worth .0002-.0003 before the gold news,right?
779 billion x .0002 = $155,800,000
779 billion x .0003 = $223,700,000
So why wouldn't "diamonds, uranium, gold, silver or whatever " move it?
============================================
779 billion o/s. they would need a mountain of gold the size of everest to move that
quote:
Originally posted by bill1352:
779 billion o/s. they would need a mountain of gold the size of everest to move that
I just don't understand I guess.
If the pps is what it is without the revenue coming in from the Portoviejo gold mine ( http://www.cmkxpics.com/ecuador2/pages/IMG_2454_JPG.htm ).Why wouldn't the pps move after the revenue from it starts coming in?
Because so many people there to sell thier shares?
I remember when the old diamondiferous word came out last time, it moved then.
quote:
Originally posted by highwaychild:
I just don't understand I guess.
If the pps is what it is without the revenue coming in from the Portoviejo gold mine ( http://www.cmkxpics.com/ecuador2/pages/IMG_2454_JPG.htm ).Why wouldn't the pps move after the revenue from it starts coming in?
Because so many people there to sell thier shares?I remember when the old diamondiferous word came out last time, it moved then.
The 779 bil was a distribution number for dividends. Normally that would show the number of shares O/S, but this is not a normal stock. Yet.
We can speculate all day, but there will be no solid answers until CMKX is reporting, and the share structure has been established, and the PR's released.
How ridiculous would it be to make announcements about major finds while still on "pinks"?
When our JV's were halted, we issued the "diamondiferous" sample report. It was issued to permit the JV's to trade again, and that was it's only intended purpose.
It caused the pps to jump, but it was immediately manipulated back down. The same would happen again if they released any substantial finds while still on the 'pinks'.
Guess, pump, bash, whatever you chose to do, but it is all a waste of time until everything can come forward. IMO
"I remember when the old diamondiferous word came out last time, it moved then."
*****************************************
Don't you think that was when shareholders and potential buyers were believing everything anyone at CMKX or promoting CMKX had to say? Now, most (even some of the formerly faithful) seem to be saying, "I don't care what you say! When you PROVE it, only THEN will I believe it!"
In short, they have lost 99% of their credibility.
You wrote:
1) The 779 bil was a distribution number for dividends. Normally that would show the number of shares O/S, but this is not a normal stock.
Q: If the distribution number of dividend shares came out to 779 billion (or more), how can you argue that number is incorrect (except that maybe UC did not particapate) which would make the O/S more than 779 billion?
2) How ridiculous would it be to make announcements about major finds while still on "pinks"?
Q: What difference does being on the pinks vs anywhere else make as to making announcements? Would it not improve the pps so they could move to better markets?
3) When our JV's were halted, we issued the "diamondiferous" sample report. It was issued to permit the JV's to trade again, and that was it's only intended purpose.
Q: Isn't what you are saying here just the reverse of what actually happened? Maybe I am wrong, but didn't CMKX make it's release prior to the JVs being halted? It was then that the JVs were halted and had to produce their own PRs?
4) It caused the pps to jump, but it was immediately manipulated back down. The same would happen again if they released any substantial finds while still on the 'pinks'.
Q: As to the "manipulation", just who do you contend is doing that now/still? The MMs? Brokers? SEC? Bashers? The world at large?
NOTE: Just a few more obvious questions for you to answer while you contemplate how to answer previously unanswered questions.
Thanking you in advance for your response. We are looking forward to CLEAR, CONCISE and SUBSTANTIVE answers. Will and can you deliver?
"3) When our JV's were halted, we issued the "diamondiferous" sample report. It was issued to permit the JV's to trade again, and that was it's only intended purpose.
Q: Isn't what you are saying here just the reverse of what actually happened? Maybe I am wrong, but didn't CMKX make it's release prior to the JVs being halted? It was then that the JVs were halted and had to produce their own PRs?"
You're absolutely right Wallace. Old loud mouth Melvin was spouting off about Mt. St. Helens previous to the daiamondferous PR. They released an open ended ambiguous PR that had peoeple speculating like crazy, because of Melvins misleading touts.
The Canadian authorities halted, then UCAD, and another one or two JV's, and that is when it became clear that there were two micro diamonds in the sample. Together they weren't large enough to make an earing for a flea.
LMAO!!!
quote:
Originally posted by YngNvstor12:
i don't want to be a basher but why is everyone still tlaking about this stock. I am 16 and i started on this board back in AUGUst when the stock was at .0004 and thats all everyone talked about, now the stock is still tlaked about and its at .0002. I dont understand it theres just so many better pennies to play than cmkx
Probably because this is the most unusual and fascinating stock ever to be flushed down the toilet! LOL
its easy, by the way you may want to hire a high profile lawyer to help you with this. that seems to be the way to do it successfully.
quote:
Originally posted by highwaychild:
LOL!Yea Upman,and just how big a shovel are ya using?
Don't you know anything about mining?
First you have to do a core sample.You'll need to get a good cordless drill,charge it up overnight,and boom,you're ready for phase one by in the morning.LOL!
quote:
Originally posted by highwaychild:
Don't tell me it's the same dog from the last thread.I think that dogs been thru enough.HA HA HA
Geeze, highway, that was spectacular!!! Really LMAO!
[This message has been edited by Binky (edited November 15, 2004).]
[This message has been edited by bill1352 (edited November 14, 2004).]
quote:
Originally posted by highwaychild:
If it were that easy,why wouldn't everybody be doing it?Way to be optimistic there Penny.
Some people have morals.
[This message has been edited by Binky (edited December 16, 2004).]
quote:
Originally posted by tradingpennys:
Some people have morals.
I have morals.In fact I got your morals right here.LOL
I was under the impression that UC's son was pres. of CIM and that UC's brother was involved with either SGGM or GEMM. No?
Guess it really doesn't matter. Someone got a nice piece of change.
[This message has been edited by Wallace#1 (edited November 14, 2004).]
quote:
Originally posted by Wallace#1:
legal,You wrote:
1) The 779 bil was a distribution number for dividends. Normally that would show the number of shares O/S, but this is not a normal stock.
Q: If the distribution number of dividend shares came out to 779 billion (or more), how can you argue that number is incorrect (except that maybe UC did not particapate) which would make the O/S more than 779 billion?
2) How ridiculous would it be to make announcements about major finds while still on "pinks"?
Q: What difference does being on the pinks vs anywhere else make as to making announcements? Would it not improve the pps so they could move to better markets?
3) When our JV's were halted, we issued the "diamondiferous" sample report. It was issued to permit the JV's to trade again, and that was it's only intended purpose.
Q: Isn't what you are saying here just the reverse of what actually happened? Maybe I am wrong, but didn't CMKX make it's release prior to the JVs being halted? It was then that the JVs were halted and had to produce their own PRs?
4) It caused the pps to jump, but it was immediately manipulated back down. The same would happen again if they released any substantial finds while still on the 'pinks'.
Q: As to the "manipulation", just who do you contend is doing that now/still? The MMs? Brokers? SEC? Bashers? The world at large?
NOTE: Just a few more obvious questions for you to answer while you contemplate how to answer previously unanswered questions.
Thanking you in advance for your response. We are looking forward to CLEAR, CONCISE and SUBSTANTIVE answers. Will and can you deliver?
Note item 2: "We can speculate all day, but there will be no solid answers until CMKX is reporting."
While you may want me to speculate so that you and yours can ridicule any answer, I have already told you that I will not play that game.
Declaration Date: --
Ex Date: --
Record Date: 10/01/2004
Payment Date: 11/15/2004
Dividend Type:
Stock Div. payable in another company
Dividend Amount: +stk
Notes:+Approximately .00012267 of a restricted share
of Juina Mining Corp (OTC: GEMM) for each share held.
Will not be quoted Ex.
quote:
Originally posted by Upside:
Just a little charred around the edges. He's a dingo, likes to think he's tough. He can take it. He might not take too kindly to us digging up his stash though.
LOL. Hey Up, you can dig with greater precision if you use a sharp shooter. Corn scoops don't work too well for digging.
[This message has been edited by dwman (edited November 15, 2004).]
"While you may want me to speculate so that you and yours can ridicule any answer..."
*******************************************
I wrote:
"Thanking you in advance for your response. We are looking forward to CLEAR, CONCISE and SUBSTANTIVE answers. Will and can you deliver?"
*****************************************
Which of the words "CLEAR, CONCISE and SUBSTANTIVE" refers to the "speculate" you mentioned?
I distinctly remember noahltl making a statement about ridiculing his answers too.
You two seem to have a lot in common.
Still, I always believed he had a friendly and intelligent side. His only problem was that he seemed to be misled and misinformed as to CMKX, associated companies and related events.
Nice to have you on board anyway, legal.
That was a very dumb question. Legal could write back with a clear and concise answer but as he stated he would have to speculate with his answer which would not meet all the requirements you set out Wallace. He would not meet your substantive requirement.
From Dictionary.com
sub·stan·tive ( P ) Pronunciation Key (sbstn-tv)
adj.
Not imaginary; actual; real.
Legal your posts are very informative. Keep them up. There isn't much going on right now and having to read through Upsides/Wallace/Will/Pennys inane posts every day gets a little boring.
quote:
Originally posted by netsec:
********************************************
Which of the words "CLEAR, CONCISE and SUBSTANTIVE" refers to the "speculate" you mentioned?
********************************************
There isn't much going on right now and having to read through Upsides/Wallace/Will/Pennys inane posts every day gets a little boring.
"I distinctly remember noahltl making a statement about ridiculing his answers too.
You two seem to have a lot in common.
Still, I always believed he had a friendly and intelligent side. His only problem was that he seemed to be misled and misinformed as to CMKX, associated companies and related events."
Wallace...my friend...do you wear red well? LOL. I don't. So I sure hope it's not my face that is red when this whole thing shakes out. LOL OH NO! I should never have said "shakes out". Here come the MMs.
quote:
OH NO!!!! Those guys are my heros.
Heros? I don't think so. You just seem to be a little more tolerant of our inanity. Is that a word?
quote:
Originally posted by netsec:
********************************************
Which of the words "CLEAR, CONCISE and SUBSTANTIVE" refers to the "speculate" you mentioned?
********************************************That was a very dumb question. Legal could write back with a clear and concise answer but as he stated he would have to speculate with his answer which would not meet all the requirements you set out Wallace. He would not meet your substantive requirement.
From Dictionary.com
sub·stan·tive ( P ) Pronunciation Key (sbstn-tv)
adj.
Not imaginary; actual; real.Legal your posts are very informative. Keep them up. There isn't much going on right now and having to read through Upsides/Wallace/Will/Pennys inane posts every day gets a little boring.
Thank you netsec, I couldn't have said it better myself, if I were myself. Wait a minute, I am myself unless someone else is my self. Well, now I am confused.
I liked noahltl's posts here, including those of many other longs. It saved me a lot of 'surfing' of the other boards to find various opinions.
I read noahltl's, Debi's, Van's, and others' opinions at CT, now.
Yesterday, I had the occasion to converse with noahltl on another board, by IM. He still visits this board occasionally, and is quite entertained now by Wallace1's posts lately. Noah is a nice guy, maybe wears his faith on his sleeve a lttle too much. When I mentioned this to him, he said that normally he does not, but incessant attacks on faith here, necessitated him responding frequently.
It is the lack of those peoples' posts, and some others, no longer here that led me to finally post.
I have read both sides here, in the past, but of late it is all very one sided.
The problem, as I have seen it, is the "shorts" here, have no real evidence in support of their negative views. They have apparently searched the Web and other sources, trying desperately to find something concrete in support of their views, but have been unable to. So they resort to ridiculing those that have differing opinions.
The longs, have some evidence in support of their views, and formerly posted it here. However, neither side has the proofs that everyone would like to see. But as I posted above, that will not happen until the company informs us of what plans they have been carrying out.
In the meantime, all that we have is opinion, based on Due Dilligence, to discuss. The level of discussion shouldn't, and doesn't have to decline all of the time, into personal assault. There are many things happening out there relevant to this stock, that are not getting to this board, because all of those who would have reported are no longer here.
As an example, Schwab and E-trade is telling their investors that they still don't have the split shares to distribute. Why would that be, considering most brokerages have made the distribution? Not enough shares to go around? Why not? The TA has reported that all dividend shares were distribted some time ago. This is the type of post that should be here, not the "beastiality" posts of a little over a week ago.
We are supposed to be investors here. Information should flow freely from both sides. Posters can disagree with each other, but personal attacks will only escalate, until the intelligent posters just don't come around anymore.
Then we have what we have seen for about a month now; a vacuum of information to analyze. A one-sided demolition team, ready to attack anyone who brings a positive attitude to this board, is self-destructive. Soon you have no one to attack but yourselves, and the occasional errant "newbie" who comes in for a first time post of their exuberance with their investment. But it never fails, they are "flamed" before they ever get started.
I enjoy this stock, more than any other in my portfolio. Will it run? Maybe yes maybe no. Is their a NS position? More than likely from my research, but still unproven. At least to the investors. If it was, it is a serious NS position. Schwab and E-trade may have very well been the last brokerages on the totem pole, and that would be a huge block of stocks.
All I am saying, is that it would be a very nice place to visit for opinion, if we could return to the days when we only discussed the stock like rational, intelligent people.
[This message has been edited by legaleagle (edited November 15, 2004).]
[This message has been edited by legaleagle (edited November 15, 2004).]
[This message has been edited by legaleagle (edited November 15, 2004).]
[This message has been edited by legaleagle (edited November 15, 2004).]
-- Ex Date:
-- Record Date:
10/01/2004 Payment Date:
11/15/2004
Dividend Type:
Stock Div. payable in another company Dividend Amount:
+stk
Notes:
+Approximately .00012267 of a restricted share of Juina Mining Corp (OTC: GEMM) for each share held. Will not be quoted Ex.
quote:
Originally posted by Upside:
originally posted by dwman:
Heros? I don't think so. You just seem to be a little more tolerant of our inanity. Is that a word?
No Upside, it's true. You guys bash with class. Just kidding. Seriously... heros, no. Friends, yes. I hope.
quote:
Originally posted by bill1352:
i know everyone has 1 of 2 opinions about this stock but facts are facts. you can't sell at .0002 thus it has to be between .00015 & .0002. thus with almost 2 billion traded today its either 50 - 50 on buys & sells or the o/s is so high 2 billion shares traded won't move it either way. also today is the pay date for the first dividend of gemm with the second due on the 30th. the otcbb site has yet to post anything about the second dividend & of course no word from cmkx if there is a change. so again we can sit & wait to see how it plays. i wish i could lie to myself like the faithful but since i have a thing about honesty i can't.
If 75 - 90% of the trades are in-house, between MMs, in order to suppress movement, the other 10% to 25% of real trades won't do much to move it.
Knobias has it payable today, and Ameritrade is reporting that it will be posted to our accounts today.
CMKX: Goes Ex-Dividend Monday, Nov 15; stock
Friday , November 12, 2004 06:58 ET
According to the NASDAQ Dividend List, CMKM Diamonds, Inc (OTC: CMKX) are expected to go ex-dividend on November 15, 2004. This stock dividend was originally declared on September 28, 2004.
DECL-DATE X-DATE REC-DATE PAY-DATE----------- ----------- ----------- ----------- 09/28/2004 11/15/2004 10/01/2004 11/15/2004
AMOUNT: stockFREQUENCY: N/ACHANGE: N/A
ADDITIONAL INFO: +Approximately .00012267 of a restricted share of Juina Mining Corp (OTC: GEMM) for each share held. Will not be quoted Ex.
Knobias may issue additional reminder alerts to track the important dates surrounding this corporate action.
quote:
No Upside, it's true. You guys bash with class. Just kidding. Seriously... heros, no. Friends, yes. I hope.
Hey, I like that! That's going to be my new slogan, "I bash with class". Going to have to replace my old one "Will bash for cash". That ones getting a little tired. Friends, yes.
quote:
Originally posted by bill1352:
here's another quick change from cmkx...notice my above post, has gemm shares restricted. if i remember correctly these shares were never pr'ed as restricted. the second is not pr'ed as restricted. so 2 dividends restricted & unless cmkx pays the freight it will cost us money to sell if the restriction ever gets removed & 1 dividend that is restricted for a non-public company. thanks cmkx
quote:
Originally posted by bill1352:
here's another quick change from cmkx...notice my above post, has gemm shares restricted. if i remember correctly these shares were never pr'ed as restricted. the second is not pr'ed as restricted. so 2 dividends restricted & unless cmkx pays the freight it will cost us money to sell if the restriction ever gets removed & 1 dividend that is restricted for a non-public company. thanks cmkx
If the shares were purchased by CMKX with restrictions, then our dividends would be restricted as well, as they were passed on to shareholders, as purchased.
They are free shares. Where is your complaint. You don't have to sell them, and they didn't cost you anything. If you didn't own enough shares of CMKX to receive a dividend worth selling later, then it is not the company's fault.
[This message has been edited by legaleagle (edited November 15, 2004).]
quote:
Originally posted by Upside:
It's fun to be inane.
in·ane ( P ) Pronunciation Key (n-n)
adj. in·an·er, in·an·est
One that lacks sense or substance: interrupting with inane comments; angry with my inane roommate.
inane
\In*ane"\, a. [L. inanis.] Without contents; empty; void of sense or intelligence; purposeless; pointless; characterless; useless.
inane
\In*ane"\, n. That which is void or empty. [R.]
inane
adj : complacently or inanely foolish [syn: asinine, fatuous, mindless, vacuous]
quote:
in·ane ( P ) Pronunciation Key (n-n)
adj. in·an·er, in·an·estadj : complacently or inanely foolish [syn: asinine, fatuous, mindless, vacuous]
I'll go with this one. It pretty much sums me up!
quote:
Originally posted by Upside:
originally posted by netsec:
I'll go with this one. It pretty much sums me up!
I have yet to see you post a positive, a negative or even a humorous reply of any kind.
You put me in very good company but did leave out at least 5 more people that should have been included.
How about something other than personal attacks? Are you capable of contributing anything other than "inane" assaults? So far, that has been YOUR track record.
quote:
Originally posted by Wallace#1:
netsec,I have yet to see you post a positive, a negative or even a humorous reply of any kind.
You put me in very good company but did leave out at least 5 more people that should have been included.
How about something other than personal attacks? Are you capable of contributing anything other than "inane" assaults? So far, that has been YOUR track record.
Sorry Wallace, just don't have time on my hands like a few of you do apparently. I'd like you to post some of my "personal attacks" though, I'd like you to find some. There aren't any...I call people out when they say something they know they shouldn't say. I don't insult them. I might call your questions dumb, but that in no means is a personal attack...remember, I didn't call you dumb...just your question.
And if when you say "personal attacks" you are refering to the "inane" comment...please Wallace, with an open mind, go back and read a lot of the posts posted by Will/Upside/Pennys at 10pm/11pm/12am routinely on this thread. Seriously, if you just need to chat could you not take it to personal email rooms. A lot of people who read these threads don't have time to read through a lot of the "inane" posts you people psst all hours of the night. This thread is supposed to be for CMKX...not about your personal lives.
"Well, now I am confused."
*************************************
I knew that!!! LOL
--------------------------------------
netsec,
Go take a cold shower!
If you can't do this, you are a huge fan of cmkx. Only bashers can do this.
WHILE SITTING AT YOUR DESK, LIFT YOUR RIGHT FOOT OFF THE
FLOOR AND MAKE CLOCKWISE CIRCLES.
NOW WHILE DOING THIS, DRAW THE NUMBER "6" IN THE AIR WITH
YOUR RIGHT HAND.
IF YOU ARE A CMKX FAN YOUR FOOT WILL CHANGE DIRECTIONS AND THERE IS NOTHING YOU
CAN DO ABOUT IT. BASHERS CAN DO THIS.
You just made me the world's happiest person!
I AM NOT A BASHER!!!
I AM A CMKX CULT FAN!!!
By the way, which way is clockwise? Never heard of a wise clock. Just a wiseguy named dwman! LOL
PS: I wonder just how many posters tried that as well. Bet quite a few.
[This message has been edited by Wallace#1 (edited November 15, 2004).]
"...you people psst all hours of the night."
*****************************************
Wait until you get to be my age, netsec. You will be pssting all hours of the night too.
Got to go for now. Talk to you later novice.
[This message has been edited by Wallace#1 (edited November 15, 2004).]
quote:
Wait until you get to be my age, netsec. You will be pssting all hours of the night too.
Now that was funny!! Inane, but funny.
0001104194
If the shares were purchased by CMKX with restrictions, then our dividends would be restricted as well, as they were passed on to shareholders, as purchased.
They are free shares. Where is your complaint. You don't have to sell them, and they didn't cost you anything. If you didn't own enough shares of CMKX to receive a dividend worth selling later, then it is not the company's fault.
============================================
Lets see i own 2,062,500 shares at the .00012667 payout that's 253 gemm shares. gemm's pps is .08 so that $20.24. add the second pay out which will be a few more & rounding up lets say $50 for all the gemm shares. being restricted this restriction has to be lifted in the correct manor according to ameritrade as in the company paying the cost of exchanging the restricted shares for unrestricted. if they don't ameritrade charges $250. plus $10.99 to sell. lets round things off & say both together is 550 total shares & we will let the IRS taxes on dividends go as if they looked at this would probably just give us the hardship exemption. gemm's pps needs to hit .50 to break even. now this is free stuff agreed but in the normal stock market world a dividend is a positive payment to a shareholder i.e. something of value. true nothing is final as of today & at some point a yr or more in the future it may be of value but the track record does not suggest this happening
[This message has been edited by bill1352 (edited November 15, 2004).]
quote:
Originally posted by legaleagle:
GEMM Dividends have posted to Ameritrade accounts.
quote:
Originally posted by bill1352:
legaleagle
Member posted November 15, 2004 15:10
The amount per shareholder is underwhelming I will admit. So knowing that some shareholders would have this attitude, why do you suppose Urban didn't just keep it for himself? This was millions of dollars for the company. ($3.2 mil) Distributed only to have investors ungrateful? Or distributed as part of a much maligned plan to trap the shorts?
[This message has been edited by legaleagle (edited November 15, 2004).]
Any news form RiverRat?
quote:
Originally posted by mdec:
WallaceAny news form RiverRat?
No, let's not tweek his tail.
quote:
Originally posted by dwman:
Wallace, let me recommend saw palmetto. lol
dwman, I wouldn't use a Bowie Knife, let alone a Palmetto Saw. It's all I have left to work with.
quote:
Originally posted by dwman:
Wallace
I'm gonna miss you when I make millions on this stock and stop messin with pennies. lol
quote:
Originally posted by legaleagle:
The amount per shareholder is underwhelming I will admit. So knowing that some shareholders would have this attitude, why do you suppose Urban didn't just keep it for himself? This was millions of dollars for the company. ($3.2 mil) Distributed only to have investors ungrateful? Or distributed as part of a much maligned plan to trap the shorts?
GOING CONCERN - The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company is in the development stage, has no operating revenue and has incurred cumulative net losses of approximately $18,911,000 since inception.
These conditions give rise to substantial doubt about the Company's ability to continue as a going concern. The financial statements do not include adjustments relating to the recoverability and classification of reported asset amounts or the amount and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The Company's continuation as a going concern is dependent upon its ability to obtain additional financing, successfully develop its contemplated plan of operations, and transition, ultimately, to the attainment of profitable operations. Also, the Company's new business calls for the acquisition of various types of mining claims of precious metals. Management believes its due diligence procedures will assure the acquisition of the rights to profitable operational means that will enable them to maintain positive cash flow from its operations in the near future.
The Company plans to raise operating capital via debt and equity offerings in order to continue as a going concern and has been successful in raising some capital for future acquisitions (see note 12). However, there are no assurances that such offerings will be successful or sufficient to fund the operations of the Company. In the event the offerings are insufficient, the Company has not formulated a plan to continue as a going concern.
USE OF ESTIMATES - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the
========================================
Juina Mining Corporation
On March 23, 2004, the Company acquired approximately 85% of the outstanding capital stock of Juina Mining Corporation, a Nevada corporation ("Juina"). The Company acquired the stock from James D. McFadden, Mark Hutchison and Richard Taulli in exchange for 833,334 shares, 179,091 shares and 150,000 shares respectively, of the Company's common stock and for a $200,000 private placement. At the time of this acquisition, there was an understanding between the Company and Mr. Hutchison that he would become a Director of the Company. The Company has the rights, exercisable in whole or in part at the option of the Company, for one year from the date of exchange in the case of Messrs. McFadden and Hutchison and 120 days from the date of exchange in the case of Messr. Taulli to repurchase the shares of its common stock issued to each of Messrs. McFadden, Hutchison and Taulli, at a price of $1.33 per share.
Juina owns 49% of a joint venture called Juina Mining Mineracao, Ltda. ("JMML"). The remaining 51% of JMML is owned by DIAGEM International Resources Corp., a Canadian corporation ("DIAGEM").
The sole asset of JMML is an 86% working interest in the mineral and mining rights to 2,471 acres of land in the District of Juina, Mato Grosso, Brazil ("Property 1000") as well as the equipment and processing facility appurtenant thereto.
--------------------------------------------------------------------------------
At present, there are no operations being conducted by JMML because, among other considerations, the required permits have not been issued by the relevant governmental agencies. There is no assurance that any such permits ever will be issued. Moreover, JMML is controlled by Diagem, which has publicly disclosed that it considers the company to be inactive
=========================================
LIQUIDITY AND CAPITAL RESOURCES
Since its inception the Company has had limited operating capital, and has relied heavily on debt and equity financing. During June, July, August and September of 2004, Mr. Urban Casavant, who is a Director and the Chief Executive Officer of CMKM Diamonds, Inc., and four other persons related to him by blood or marriage, purchased 9,000,000 shares of the Company's common stock at a price of $1.67 per share in a private placement exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act"). The proceeds were used to exercise the Company's option to acquire mineral rights from CMKM Diamonds, Inc., as described above, and for general corporate purposes.
On August 20, 2004, the Company signed an agreement with Langley Investment Trust, PLC a London investment trust to exchange 5,142,000 restricted shares of the Company for 4,958,896 shares of Langley which are freely tradable on the London Stock Exchange. Langley entered into a "lock up" agreement with the Company pursuant to which it agreed not to trade the Company's shares it will receive as a result of this transaction for a period of two years from the closing date. The issuance of the Company's common stock to Langley was exempt from the registration provisions of the Securities Act pursuant to Regulations S. Fifty percent of Langley's shares issued to the Company will be held in escrow for two years following their issuance and in the event the per share market price the Company's common stock at such time is less than the per share value of the Company's stock at the time of the closing, Langley shall be entitled to the return out of escrow a percentage of Langley's shares equal to the market value of such decline. The remaining shares held in escrow shall be released to the Company at the time of any such release back to Langley.
===================================
The opinion of the Company's independent auditor for the financial statements as of and for the period ended on September 30, 2004 expressed their substantial doubt as to the Company's ability to continue as a going concern. Without additional capital, it is unlikely that the Company can continue as a going concern. The Company plans to raise operating capital via debt and equity offerings. However, there are no assurances that such offerings will be successful or sufficient to fund the operations of the Company. In the event the offerings are insufficient, the Company has not formulated a plan to continue as a going concern. Moreover, if such offerings are successful, they may result in substantial dilution to the existing shareholders.
Since its inception the Company has had limited operating capital, and has relied heavily on debt and equity financing. During June, July, August and September of 2004, Mr. Urban Casavant, who is a Director and the Chief Executive Officer of CMKM Diamonds, Inc., and four other persons related to him by blood or marriage, purchased 9,000,000 shares of the Company's common stock at a price of $1.67 per share in a private placement exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act"). The proceeds were used to exercise the Company's option to acquire mineral rights from CMKM Diamonds, Inc., as described above, and for general corporate purposes.
Scam huh? i'm still long and strong....
EAT SH*T AND DIE
At present, there are no operations being conducted by JMML because, among other considerations, the required permits have not been issued by the relevant governmental agencies. There is no assurance that any such permits ever will be issued. Moreover, JMML is controlled by Diagem, which has publicly disclosed that it considers the company to be inactive
quote:
Originally posted by Wallace#1:
Hope no one overlooked or ignored this:At present, there are no operations being conducted by JMML because, among other considerations, the required permits have not been issued by the relevant governmental agencies. There is no assurance that any such permits ever will be issued. Moreover, JMML is controlled by Diagem, which has publicly disclosed that it considers the company to be inactive
Wallace, we don't need to drill. Purpose of drilling is to determine if enough diamonds are there to mine. They are there and we have numerous shareholders with their shovels...I think Upside is up there with his corn scoop...digging like crazy. Me...I'm smart. I'm going up there and just pick up what falls off the shovels.
LOL I thought Upside was brighter than that!
Probably searching for corn instead. That makes more sense.
quote:
Originally posted by dwman:
Oh that was corny. LOL Just kidding.
I laughed.
This damn computer of mine is driving me crazy. Does all kinds of weird things. Am on the Nov 17th CMKX thread and when I hit "Back", it always goes to Oct 27th. Pain in the butt!
quote:
Originally posted by dwman:
On second thought, Wallace, corn is yellow like gold and actually was the medium for commercial transactions at one time in the U.S. (that,afterall, is where the expression "shelling out" came from.)
Now see, Upside is really smarter than you thought!! LOL
quote:
Now see, Upside is really smarter than you thought!! LOL
No he's not.
In July, 2004, 5% of CMKM was valued at $33,750,000. That's 1/20th of CMKM value. 20 x 33,750,000 = $675,000,000 valuation for CMKM. With a $675,000,000 evaluation, we are still back to the same question for CMKM: What is the real OS?
[This message has been edited by legaleagle (edited November 16, 2004).]
If it would just go there that would be a nice percentage profit for me.
-------------------------------------
Yellow River Mining
The Company owns 80% of Yellow River Mining S.A., which owns the Yellow River processing plant in the Provincia Del Oro (Province of Gold) in southwest Ecuador. This area has been actively mined since the 1600s. The Yellow River processing plant extracts gold from ore taken from mines in the area. The capacity of the processing plant is presently being expanded to 40 tons per day of ore. Yellow River S.A. receives 50% of the gold it extracts at its plant. To date, the Yellow river processing plant has produced only negligible revenues. The other 20% of Yellow River Mining S.A. is owned by an individual who is an Ecuadorian resident, from whom the Company acquired its 80% interest.
CMKM Diamonds, Inc., owns a producing mine shaft near the Yellow River processing plant. The Company has an agreement with CMKM diamonds pursuant to which CMKM diamonds must use the Yellow river processing plant to extract the gold from the ore from that mine except to the extent the production of such ore exceeds the processing plant's capacity. CMKM diamonds pays Nevada Minerals a fee equal to 20% of the revenues from that mine.
quote:
Originally posted by safeguard:
Well, if 800 billion is correct then that would be a pps of at least .0008 - MAN ARE WE UNDERVALUED OR WHAT!!! LOLIf it would just go there that would be a nice percentage profit for me.
Note that the value was as of July 2004. Much has occured since then.
We still must have the CMKM filing before we can conclude anything as to evaluation or OS.
[This message has been edited by legaleagle (edited November 16, 2004).]
quote:
Originally posted by ed19363:
Am I blind, or are you?
This is one of the worst financial reports I have ever seen!!! Fort a La Corne-no kimberlites worth anything. Lincoln County- big zero. Smeaton- big zero. Juina- not operating. Yellow river- negligible revenue. Nevada Magnetic- evaluating. COD- at best a maybe. 18 million loss. How in hell do you people see ANYTHING positive in this? USCA has nothing, is worth nothing, and doesnt even know if it can continue to BE nothing. Doesnt take a ton of bricks hitting me on the head to see that this is going nowhere.
27,000,000 shares of CMKX, also worth NOTHING!!!!!!!!
Come on, Ed, put some spin on it and it will look a whole lot better! LOL
quote:
Originally posted by ed19363:
Am I blind, or are you?
This is one of the worst financial reports I have ever seen!!! Fort a La Corne-no kimberlites worth anything. Lincoln County- big zero. Smeaton- big zero. Juina- not operating. Yellow river- negligible revenue. Nevada Magnetic- evaluating. COD- at best a maybe. 18 million loss. How in hell do you people see ANYTHING positive in this? USCA has nothing, is worth nothing, and doesnt even know if it can continue to BE nothing. Doesnt take a ton of bricks hitting me on the head to see that this is going nowhere.
27,000,000 shares of CMKX, also worth NOTHING!!!!!!!!
Yet they have managed to make, spend or invest nearly $74,000,000 so far this year and increase mineral rights assets to $62,000,000.
Viability somewhere.
[This message has been edited by legaleagle (edited November 16, 2004).]
quote:
Originally posted by legaleagle:
Yet they have managed to make, spend or invest nearly $74,000,000 so far this year.
Viability somewhere.
LIQUIDITY AND CAPITAL RESOURCES
Since its inception the Company has had limited operating capital, and has
relied heavily on debt and equity financing. During June, July, August and
September of 2004, Mr. Urban Casavant, who is a Director and the Chief Executive
Officer of CMKM Diamonds, Inc., and four other persons related to him by blood
or marriage, purchased 9,000,000 shares of the Company's common stock at a price
of $1.67 per share in a private placement exempt from the registration
requirements of the Securities Act of 1933 (the "Securities Act"). The proceeds
were used to exercise the Company's option to acquire mineral rights from CMKM
Diamonds, Inc., as described above, and for general corporate purposes.
quote:
Originally posted by ya ya:
NO BUYS ON THIS STOCK JUST SELLS.TAKE YOUR LOSES AND MOVE ON
Why are you shouting ya ya?
Yeeshh...
Wallace, others, have been parked here for MONTHS! I read your posts when you first came on this thread, pre-JULY! Why haven't some of you just 'moved on' if you don't own stock??
Then you (wallace#1) cried because bird and others cracked some jokes at your expense. Heheheh.
It was funny watching you get all excited and upset.
lolol...
Anyways, regardless of what posters WANT you to think, CMKX is not the 'sea of fire' that they want you to think it is. Just ask yourself, why would people work so hard on a message board NOT TO GET ME TO BUY...
As suspicious or more then a stock pumper...
CMKX will rise soon, regardless of the Basher Triangle
quote:
Originally posted by rde3:
What do you bashers think now ? uh huhScam huh? i'm still long and strong....
EAT SH*T AND DIE
quote:
Originally posted by Upside:
I really liked this part. Pretty sweet deal for Urban and family.LIQUIDITY AND CAPITAL RESOURCES
Since its inception the Company has had limited operating capital, and has
relied heavily on debt and equity financing. During June, July, August and
September of 2004, Mr. Urban Casavant, who is a Director and the Chief Executive
Officer of CMKM Diamonds, Inc., and four other persons related to him by blood
or marriage, purchased 9,000,000 shares of the Company's common stock at a price
of $1.67 per share in a private placement exempt from the registration
requirements of the Securities Act of 1933 (the "Securities Act"). The proceeds
were used to exercise the Company's option to acquire mineral rights from CMKM
Diamonds, Inc., as described above, and for general corporate purposes.
"Mr. Urban Casavant, who is a Director and the Chief Executive
Officer of CMKM Diamonds, Inc., and four other persons related to him by blood
or marriage, purchased 9,000,000 shares of the Company's common stock at a price
of $1.67 per share in a private placement exempt from the registration
requirements of the Securities Act of 1933 (the "Securities Act"). The proceeds
were used to exercise the Company's option to acquire mineral rights from CMKM
Diamonds, Inc., as described above, and for general corporate purposes."
[This message has been edited by will (edited November 16, 2004).]
quote:
Originally posted by will:
......and what shell is the pea under?
......Where is the black Queen, you have a 33% of guessing right, unless I palmed it.
Well, at least they reported. Down 15%, but they reported.
Anyone sell at that .0003? Anyone sell at .0002?
BTW, I love this part:"Mr. Urban Casavant, who is a Director and the Chief Executive
Officer of CMKM Diamonds, Inc., and four other persons related to him by blood
or marriage, purchased 9,000,000 shares of the Company's common stock at a price
of $1.67 per share in a private placement exempt from the registration
requirements of the Securities Act of 1933 (the "Securities Act"). The proceeds
were used to exercise the Company's option to acquire mineral rights from CMKM
Diamonds, Inc., as described above, and for general corporate purposes."
[This message has been edited by will (edited November 16, 2004).]
While you may see it as a "shell game", others see it as a family who took a little over $15 million out of their pocket to give to CMKX shareholders. Remember it was we who received the benefits of this deal, not Urban Casavant et al.
He got the shares of UCAD that he purchased, but we got the benefits of the swap as dividends.
[This message has been edited by legaleagle (edited November 16, 2004).]
[This message has been edited by TruthTeller (edited November 16, 2004).]
quote:
Originally posted by dwman:
Gemm date now 11/29
http://www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=10/01/2004&sDateType=Record_da te
"While you may see it as a "shell game", others see it as a family who took a little over $15 million out of their pocket to give to CMKX shareholders. Remember it was we who received the benefits of this deal, not Urban Casavant et al."
**************************************
I see it as a family that took a hell of a lot more out of the pockets of CMKX shareholders. Benefits? Yeah, for the family! Shareholders got the bones.
RATTLE! RATTLE! RATTLE!
Weren't you supposed to 'go away' (cough, cough) like two months ago?
You make me laugh, you camp out on this message thread, knocking CMKX any chance you get.
I can only hope you get what is comming to you in this life, the absence of breath.
Wallace, it's been F I V E long months, you are whacked... get a life bro,ohhh wait I forgot, you can't hehehe
quote:
Originally posted by legaleagle:
Last time I looked at my portfolio I still have more money in CMKX than I paid, plus three nice dividends that didn't cost me a dime.
Sure you do!
CUNY sucks! It's a school for idiots and parasites who want to live off the public.
[This message has been edited by Wallace#1 (edited November 16, 2004).]
quote:
Originally posted by Wallace#1:
Sure you do!
Didn't you post some time back that you had "snagged" an insider trade at .0001 and walked with a considerable sum of investors money?
quote:
Originally posted by legaleagle:
Last time I looked at my portfolio I still have more money in CMKX than I paid, plus three nice dividends that didn't cost me a dime.
Actually, noahltl, I lost money on CMKX once ($410) and made money on it twice.
As I told you before, it was never an "insider trade". "Snagged"...if that's what YOU want to call it, just a private arrangement. "Considerable sum"? -- I suppose to you something around $1000 seems like a considerable sum.
Just think, noahltl, maybe that investor was you! LOL
[This message has been edited by Wallace#1 (edited November 16, 2004).]
quote:
Originally posted by ed19363:
Try selling them....remember you have absolutely nothing until you can convert it to cash. The you will know who has made the killing, and who got killed.
Ed
Why would anyone want to sell now?
I do beleive you have it.
"Just think, noahltl, maybe that investor was you! LOL"
quote:
Originally posted by Wallace#1:
"Didn't you post some time back that you had "snagged" an insider trade at .0001 and walked with a considerable sum of investors money?"
*************************************Actually, noahltl, I lost money on CMKX once ($410) and made money on it twice.
As I told you before, it was never an "insider trade". "Snagged"...if that's what YOU want to call it, just a private arrangement. "Considerable sum"? -- I suppose to you something around $1000 seems like a considerable sum.
Just think, noahltl, maybe that investor was you! LOL
[This message has been edited by Wallace#1 (edited November 16, 2004).]
Paranoia is not attractive. Are you seeing noahltls behind every bush?
[This message has been edited by legaleagle (edited November 16, 2004).]
[This message has been edited by legaleagle (edited November 16, 2004).]
So the way I see it I profited $1100 and retained 11 million free shares which are currently worth $2200. I also have the divis.
So to the bashers FU .
chris
Bought CMKX at .0001...may even be free now but I doubt it. Pps is .0002. In his mind that adds up to a profit of .0001 per share. Problem is he cannot sell it at that!
In addition to that he has stock in the form of dividends that as of now is absolutely worthless or does not trade at all. Glad my bank does not use the same accounting methods. The do resemble those of CMKX though, don't they?
quote:
Originally posted by Wallace#1:
Here's how legaleagle counts his benefits:Bought CMKX at .0001...may even be free now but I doubt it. Pps is .0002. In his mind that adds up to a profit of .0001 per share. Problem is he cannot sell it at that!
In addition to that he has stock in the form of dividends that as of now is absolutely worthless or does not trade at all. Glad my bank does not use the same accounting methods. The do resemble those of CMKX though, don't they?
Been peeking in my portfolio again????
Not really! You, however, stand out like a sore thumb. LOL
quote:
Originally posted by legaleagle:
While you may see it as a "shell game", others see it as a family who took a little over $15 million out of their pocket to give to CMKX shareholders. Remember it was we who received the benefits of this deal, not Urban Casavant et al.He got the shares of UCAD that he purchased, but we got the benefits of the swap as dividends.
[This message has been edited by legaleagle (edited November 16, 2004).]
[This message has been edited by bill1352 (edited November 16, 2004).]
quote:
those that bought at .0001 before the run a few months ago & sold some to make money & sit on free share have nothing to complain about. personally i did not find cmkx till that run & bought at the high side of that run & have since averaged down to .0004. this was before all the o/s stuff came out. ppl in mu situation do have things to complain about & those dividends are not yet free money and may never be.
And then there are people like me who initially bought 2 million way way back in 2003 for .0002, then as time went on became more and more convinced this company was not on the up and up, began to question their every word, and tried to discredit them in every possible way. What would a smart person do in that situation? Upside doubles up at .0005. Hows that for sound investment practices? 
quote:
Originally posted by legaleagle:
Why would anyone want to sell now?
quote:
Originally posted by ed19363:
It doesnt matter if you WANT to sell or not.
Reality check: YOU CAN'T SELL. None of the dividends is worth a penny. If people quit counting POSSIBLE gains and get real, they'd be out of this thing at breakeven just to get away from it.
My other stocks pay MONEY dividends (you know, the kind you can buy groceries with?).
The "shorts" and "big money" people love that kind of thinking.
quote:
Originally posted by bill1352:
ya know up...it gets me that a few in here keep lighty pumping cmkx when they sit on free shares. ppl like us would love to be sitting on free shares. but when it closes probably between .00025 & .0003 but you can't sell at .0002 for a 50% loss how can even ppl on free shares say all is good. it would be great if the pps rose but i'm betting it will be back at .0002 in the morning. it would be great if the faithful could run the pps up close to .001 again & us unfaithful could get out with a profit. i know i'd be gone.
If you really want it to run up, so that you can get out, why do you keep posting "dread scenarios" and trying to scare people out or away?
[This message has been edited by legaleagle (edited November 16, 2004).]
quote:
Originally posted by Upside:
Legal,
A question for you. You seem to be a proponent of the naked short theory. Assume for a minute that it's not true. Would you be a buyer of this stock on its or its partners fundamentals alone?
If it weren't naked shorted I would have grabbed my profits and run, just like Urban Casavant would have.
And we don't know CMKX's fundamentals yet.
[This message has been edited by legaleagle (edited November 16, 2004).]
quote:
Originally posted by Upside:
Ok then, based upon what we do know about the company and its partners, would you be buying or recommending it?
I'll be buying USCA in the morning, as soon as I think it has bottomed.
I never recommend pink sheet stocks to anyone without experience, otherwise they end up crying about how unfair they are.
When CMKX ran before it was potential news that fizzled. If it had been real it would have run much longer.
If CMKX runs based on assets known through a filing I believe it will last. Selling at .001 might be to early this time. Maybe the first buyback opportunity would be .005 or more. Depending on the news.
Right now it seems the USCA filing is helping CMKX.
1. USCA being cash flow positive shows it can sustain what it is doing.
2. Though no profit yet, revenues from Ecuador seem to be helping.
Do you have any teeth left or have you pulled them all out hoping for the tooth fairy?
"1. USCA being cash flow positive shows it can sustain what it is doing."
***************************************
I believe you just might be mistaken about the above statement.
quote:
Originally posted by Upside:
I'm not trying to rope you into anything here legal, just trying to get a feel for what people really think about this stock. My initial purchase was based on the off chance of them actually finding diamonds of value. That was long before the 800 billion share story came out, the naked short theory, the buy out theory, and all the other ones. Lately though it seems that everyone is only focusing on the naked short theory once again, and diamonds have become a thing of the past. By the way, what did you see in the 10-Q that makes you want to buy USCA?
POTENTIAL + Low PPS = BUY
[This message has been edited by legaleagle (edited November 16, 2004).]
[This message has been edited by legaleagle (edited November 16, 2004).]
[This message has been edited by legaleagle (edited November 16, 2004).]
quote:
POTENTIAL + Low PPS = BUY
Potential is debatable but the pps is anything but low. Based on todays close it's at a split adjusted $9.30. That's up there.
[This message has been edited by highwaychild (edited November 16, 2004).]
quote:
Originally posted by Upside:
originally posted by legaleagle:
Potential is debatable but the pps is anything but low. Based on todays close it's at a split adjusted $9.30. That's up there.
I expect it to trace lower tomorrow morning. $9.30 is down $6.00 from it's pre-split high.
If CMKX runs based on assets known through a filing I believe it will last. Selling at .001 might be to early this time. Maybe the first buyback opportunity would be .005 or more. Depending on the news.
Right now it seems the USCA filing is helping CMKX.
1. USCA being cash flow positive shows it can sustain what it is doing.
2. Though no profit yet, revenues from Ecuador seem to be helping."
Sorry there was no revenue or profits!!!! THIS IS FROM THE Q report"The Company has achieved no significant revenue or profits to date, and the
Company anticipates that it will continue to incur net losses for the
foreseeable future. The Company incurred a net loss of approximately $ 3,895,131
for the nine months ended September 30, 2004, compared with a net loss of $
2,108,333 for the nine months ended September 30, 2003. The Company is in the
third year of product development, with an accumulated net loss during the
development stage of approximately $ 18,911,615. .
The quarter's activities were financed primarily through sale of restricted
common stock. "
quote:
Originally posted by highwaychild:
Aside from the purported revenue from the gold,CMKX said they were tring to get fully reporting in pr's.I'm NOT telling any one buy by any means,but insted of worring how high you got in CMKX.Why wouldn't you want to average down?
Upman it cracked me up that day you bought more CMKX @.0005.All those days(some posts classy,some posts not so classy.lol) you spent bashing this stock when it was @.0001.
In a sence,I go on my gut alot of time with stocks.When I want to puke is when I like to buy.
And when alot of people were pukin' on CMKX is when I got in on CMKX @.0001.Ofcorse it's a risk,but I bought in for the long haul.And yea 1/2 my shares are free,give or take.I haven't much to lose.But since I got in, I learned alot via CMKX.Wich has been worth more to me then the divvys.
Good luck everybody.
[This message has been edited by highwaychild (edited November 16, 2004).]
It's been a learning experience for those who were supposed to already be knowledgeable, brokerages, MM's, Wallace1, etc.
[This message has been edited by legaleagle (edited November 16, 2004).]
quote:
Originally posted by BCmouser:
I will be shorting this one as soon as possible. Ridiclously high valuation- if youn read the Qreport you find they have been issuing shares to beat the band. This stocks valuation is probably around 100, 000,000 . If you dont see something wrong with that picture you are looking the wrong way or you dont know how to read a filing. Seems they are valuing their minerals rights at 63 million or so. I guess if you pay that much for worthless claims then they are still worth what you paid for them, according to their accountants anyway. LOL
Please come back and let us know how that works out for you.
You wrote:
"It's been a learning experience for those who were supposed to already be knowledgeable, brokerages, MM's, Wallace1, etc."
********************************
LMAO, legal. Surely there must be many more who have learned through my wisdom. LOL I told you a long time ago that I thought the whole thing was a SCAM, remember? Now, you need to be taught the lesson twice by buying into USCA? Man, you learn the hard way! LOL
Here's a good one for you and IMO you are not likely to lose your badge.
VFinance Inc (VFIN). Net Income for the 3rd Q was down due to natural factors and the poor economy, but they did not lose money. For the 9 mos., Net Income was up to $2mil+ (.07/sh) vs $8.9K (.00/sh). It closed today at .19...went lower but climbed back up.
Acid test ratio is about 2.5:1...sitting there with $4+ mil in cash. No notes payable or long term debt...they paid off $1.5 mil. Shareholders' equity quadrupled.
It's 52 wk high was around $.55.
Try it, you might like it!
Must leave now after dropping that pearl!
[This message has been edited by Wallace#1 (edited November 16, 2004).]
SCAM SCAM SCAM!!!!
Now go spec-o-late that
Whats so funny is all the rationalizations that went over.... "Why would there be a shareholders party if there is no news...".... "geologists eyes lit up.." ... "mt st helens...." "the divedends is like free cash(to bad they ain't worth JACK and will be worth less than jack if the restrictions are ever lifted)" "we have uranium!!!" "for all the million millionares we are giving away a free kia ..." " oreo cookie" "Urban loves his shareholders..."
LOL you stoooges got burned!!!! and I told you so way back in June! IDIOTS.. if we were all going to be millionares back in June why the HELL does Melvins wife need a fund setup to pay for treatment??? simple.. SCAM!
Not one iota of info other than bull**** shell deals between family members were money is paid to a member that turns around and reinvests in the company... S C A M!!!
The most credible partner cmkx has was halted and is now a pinkie with HUGE operational losses.. SCAM
dormant shell company all of a sudden coughs up huge cash out of nowhere... SCAM
Not a single PR on what the hell cmkx is doing... S C A M!
Carolyn second results in 2 weeks ... now 3 months later.. S C A M
Second core samples locked away and results will be given soon ... now 7 months later... S C A M
original results are diamond ferous... oh yeah but the diamonds were micromillimeters... S C A M O L A as it proves what a bunch a lying scum bags those idiots are..
god damn they run their operations out of a abondoned address in Nevada S C A M!!!!!!!!!
BTW...Do you even own one share of cmkx or any of its partners? Just wondering?
"Even my friend Wallace who is perhaps the most negative poster here would not insist that this is a scam...at least I don't think he would. Correct me if I'm wrong Wallace."
******************************************
Just a quickie, dwman (my good friend), to answer your statement. Then, must go help a neighbor put in a hot water heater.
1) "...perhaps the most negative poster"
How can you say that when legaleagle is around? LOL
2) CMKX sure as hell looks like a scam, but have no absolute proof yet...except for their track record.
3) USCA is beginning more and more to look like they are in that same bed, especially if Dhonau is the key stockholder. Nothing about that company that I have seen warrants a pps little more than CMKX's. Again, it's the track record of both the company and it's people.
4) Those JVs that are involved with as well as companies they both have made deals with appear to be in the same boat from a financial and ownership point of view.
I just cannot get any more positive that that. Sure wish, for your sake and many others, I could see the whole thing differently.
PS: In all fairness to "ohsnap", I think I might have been known to say I feel they are scams. Unless they (the companies and their owners/management) prove to the contrary, I see no way such a conclusion can be ignored.
Have a wonderful and profitable day, dwman.
quote:
Originally posted by Wallace#1:
dwman wrote:Have a wonderful and profitable day, dwman.
Wallace you basher!!!! LOL
BTW, my faith in you being a good guy is sustained by your willingness to help your neighbor.
PS... I sure hope that water heater doesn't explode on you like cmkx is about to. LOL
http://www.sec.gov/investor/pubs/rule144.htm
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
[This message has been edited by legaleagle (edited November 17, 2004).]
[This message has been edited by legaleagle (edited November 17, 2004).]
quote:
Originally posted by dwman:
Osnap... you're a little stirred up there aren't you? You have a right to your opinion. However, as far as I know, you are not an officer of the company so most of what you claim to be scam is just your opinion. You are speculating as to the legitimacy of this company. Some of us are speculating as to it's value. Let us dream. Most of us only put cookie jar money in this and can afford to lose it. I have been entertained by this stock to the nth degree.BTW...Do you even own one share of cmkx or any of its partners? Just wondering?
and you are a nobody that seems to be to respond to my posts in 30 minutes like a pizza boy.. ciao Mr. Nobody.
quote:
--------------------------------------------------------------------------------
Originally posted by bill1352:
ya know up...it gets me that a few in here keep lighty pumping cmkx when they sit on free shares. ppl like us would love to be sitting on free shares. but when it closes probably between .00025 & .0003 but you can't sell at .0002 for a 50% loss how can even ppl on free shares say all is good. it would be great if the pps rose but i'm betting it will be back at .0002 in the morning. it would be great if the faithful could run the pps up close to .001 again & us unfaithful could get out with a profit. i know i'd be gone.
--------------------------------------------------------------------------------
If you really want it to run up, so that you can get out, why do you keep posting "dread scenarios" and trying to scare people out or away?
[This message has been edited by legaleagle (edited November 16, 2004).]
===================================
sorry i missed this post when it happened. to answer your question it's called honesty. it's best friends are truth & reality
quote:
Originally posted by ohsnap:
and you are a nobody that seems to be to respond to my posts in 30 minutes like a pizza boy.. ciao Mr. Nobody.
How did you know I deliver pizzas? Wow!!
BTW...do you own shares of cmkx?
Record Date: 10/01/2004
Payment Date: 11/29/2004
Approx .00012267 of a restricted share of Juina Mining Corp (OTC: GEMM)
But we already got GEMM divy.
I read on other boards that T/A said GEMM divy is not paid yet. More confusion ...
===========================================
GOING CONCERN - The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company is in the development stage, has no operating revenue and has incurred cumulative net losses of approximately $18,911,000 since inception.
These conditions give rise to substantial doubt about the Company's ability to continue as a going concern. The financial statements do not include adjustments relating to the recoverability and classification of reported asset amounts or the amount and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The Company's continuation as a going concern is dependent upon its ability to obtain additional financing, successfully develop its contemplated plan of operations, and transition, ultimately, to the attainment of profitable operations. Also, the Company's new business calls for the acquisition of various types of mining claims of precious metals. Management believes its due diligence procedures will assure the acquisition of the rights to profitable operational means that will enable them to maintain positive cash flow from its operations in the near future.
=========================================
Juina Mining Corporation
On March 23, 2004, the Company acquired approximately 85% of the outstanding capital stock of Juina Mining Corporation, a Nevada corporation ("Juina"). The Company acquired the stock from James D. McFadden, Mark Hutchison and Richard Taulli in exchange for 833,334 shares, 179,091 shares and 150,000 shares respectively, of the Company's common stock and for a $200,000 private placement. At the time of this acquisition, there was an understanding between the Company and Mr. Hutchison that he would become a Director of the Company. The Company has the rights, exercisable in whole or in part at the option of the Company, for one year from the date of exchange in the case of Messrs. McFadden and Hutchison and 120 days from the date of exchange in the case of Messr. Taulli to repurchase the shares of its common stock issued to each of Messrs. McFadden, Hutchison and Taulli, at a price of $1.33 per share.
Juina owns 49% of a joint venture called Juina Mining Mineracao, Ltda. ("JMML"). The remaining 51% of JMML is owned by DIAGEM International Resources Corp., a Canadian corporation ("DIAGEM").
The sole asset of JMML is an 86% working interest in the mineral and mining rights to 2,471 acres of land in the District of Juina, Mato Grosso, Brazil ("Property 1000") as well as the equipment and processing facility appurtenant thereto.
--------------------------------------------------------------------------------
At present, there are no operations being conducted by JMML because, among other considerations, the required permits have not been issued by the relevant governmental agencies. There is no assurance that any such permits ever will be issued. Moreover, JMML is controlled by Diagem, which has publicly disclosed that it considers the company to be inactive
quote:
Originally posted by bill1352:
780 billion times wouldn't change it much. it baffles me in how 3 dividends split to all shares comes out around 780 billion 1 is twice that yet ppl still say they need to wait & hear from cmkx as to the o/s. cmkx has told us the o/s 3 times with dividends.
Bill, is it possible that UC may be planning to retire a whole bunch of shares at the last minute and is leaving the impression of 780 to throw off the MMs?
quote:
Originally posted by dwman:
Bill, is it possible that UC may be planning to retire a whole bunch of shares at the last minute and is leaving the impression of 780 to throw off the MMs?
quote:
Originally posted by will:
dw:
Why would you think that UC is going to retire billions of shres? You really think he has our interest at heart? To throw off the MM's? To throw them off of what?
I don't see these guys doing anything, for anyone, but themselves.
quote:
Originally posted by bill1352:
if the cmkx race car has kool-aid ad's on it next year watch out.
LOL
quote:
Originally posted by Bigrod40:
Has anyone who deals with RBC in Canada recieved thier 3-1 split yet??
I am with TD Waterhouse in Canada, and I got the 3-1 split (since last week) - hope it helps.
quote:
Originally posted by bill1352:
dw...i do hope i'm wrong for your sake & mine. i hate lossing money & i hate having something i have recommended in the past turn out the way it seems this is. there is a part of me that says don't sell no matter what, just hold & hope. but then reality sets in & i look at the small info we do have & holding seems foolish. after ucads report it seems even more foolish as this report states no mineable kimberlite yet found in canada. the air survey was supposed to show at least 100 target spots yet they are only drilling 1 hole at a time as of the last pr. cmkx hasn't said anything about anything in quite a while. we just found out they excerised an option on gemm, a mine that the majority owner calls inactive because they can't get permits. cmkx bought into an uranium mine that might have something mineable but again it has been looked at by a few companies in the past with no real results. the only positive info is a gold mine that is supposed to be a working mine but with 780 billion shares it won't help much. as for retiring shares, uc would have to buy off the market any that hasn't been sold yet. with only 1 gold mine bringing in money he would have to buy the o/s down to less then 1 billion to bring any value & then reduce the a/s to that point or dilution would be possible all over again & that would take $156 million to do according to the dividend split numbers. i don't see that as possible.
Excellent points bill. I too recommended this stock to friends. My fear is that they may have invested money that they need even though I warned them strongly that this would be an extremely high risk stock. I can afford to lose what I paid for my 18 million shares but I worry about them. My prayer is that cmkx will do well and they can prepare for their young children's college. I keep telling myself that we were told that some big investors were standing on the side awaiting our having a fully reporting status. Bill, I want to tell you how much I have enjoyed being able to draw on your knowledge as I have with Will and several others on this board. I include wallace in this statement of appreciation also. Don't give up completely. Stranger things have happened. I just can't remember them right now. lol
Just finished up on the hot water heater. Ran into all kinds of problems, including running new hot and cold water lines, redoing the gas line, removing moldings and moving the furnace a bit to get the damn thing in. 12 stinking hours! They have 4 kids so really needed it.
Saw your note of appreciation. Thank you.
Guess there is no new news on CMKX since none was posted.
As for USCA, a lot of that information you saw in their recent 10Q also appeared in previous filings as well. That was the reason I felt very uneasy about it from the beginning. However, some seem to have made money from it.
quote:
Anybody else think a R/S would solve a few problems??
Depends on what the actual float is. If it turns out to be the full 800 billion, that is absolutely what they need to do. Shareholders will scream but in my opinion it would lend them an air of credibility. Face it, Nevada is an unregulated state, they can continue to raise their authorized and issued to whatever ridiculous amount they want but each increase will only deteriorate what little bit of shareholder confidence there is left in this company. A reverse on the other hand, if done properly, just might send a message that they are for real.
You wrote: "A reverse on the other hand, if done properly, just might send a message that they are for real."
***********************************
I do not understand what you mean by "if done properly". At this point, I see nothing that could convince me they could ever be "for real"...R/S or otherwise. I truly believe they are beyond any redemption whatsoever. Hope I am wrong for so many of you.
Must go. Absolutely bushed!
quote:
Originally posted by Upside:
originally posted by ed19363:
Depends on what the actual float is. If it turns out to be the full 800 billion, that is absolutely what they need to do. Shareholders will scream but in my opinion it would lend them an air of credibility. Face it, Nevada is an unregulated state, they can continue to raise their authorized and issued to whatever ridiculous amount they want but each increase will only deteriorate what little bit of shareholder confidence there is left in this company. A reverse on the other hand, if done properly, just might send a message that they are for real.
Deteriotate??? You need to be bathing in koolaid to have any faith in CMKX after they went from 500 BILLLLION to 800 Billion to what now 1 trillion!! CMKX mgmt == 3 stooges of wall street ... if they get away with it they'll keep doing it again and again....
quote:
Originally posted by Wallace#1:
dwman,Just finished up on the hot water heater. Ran into all kinds of problems, including running new hot and cold water lines, redoing the gas line, removing moldings and moving the furnace a bit to get the damn thing in. 12 stinking hours! They have 4 kids so really needed it.
.
12 hours of hard work for you, Wallace, but a lifetime of gratitude from the 4 little kids. Good for you!!! I salute you, sir.
Don
[This message has been edited by dwman (edited November 18, 2004).]
quote:
Originally posted by bill1352:
its the second gemm dividend truth. the first was from the first deal second is from the option which they just exercised a month ago. what has me wondering is the option called for 30 million or so more shares yet the split number is the same but of course 30 million split 780 billion times wouldn't change it much. it baffles me in how 3 dividends split to all shares comes out around 780 billion 1 is twice that yet ppl still say they need to wait & hear from cmkx as to the o/s. cmkx has told us the o/s 3 times with dividends.
quote:
Originally posted by dwman:
Really quite around here. I gues Upside is still digging in his back yard. Don't know where Will and Bill are...probably trying to convince Upside those aren't diamonds he's digging up and Wallace gave up and is now a water heater repair man. Just kidding guys.
quote:
I guess Upside is still digging in his back yard.
quote:
I get first dibs on any Kryptonite found.
I'm smelling a joint venture here. We'll issue a p/r after market close right before a long weekend:
"Upsides yard found to be Kryptoniferous"
It comes once every couple of months
quote:
Originally posted by bill1352:
hey folks,...been working all day. i found more diamonds in my vacuum equipment then cmkx has today. that is if its real. i should go to canada & plant it on cmkx land see what kind of pr we get out of that find...lol. founnd coins, rosary's, fake jewlery & 1 looks to be diamond ring. was from a church return duct system, floor vents. still worth more then what cmkx has found...lol
quote:
Originally posted by Upside:
originally posted by killpack:
I'm smelling a joint venture here. We'll issue a p/r after market close right before a long weekend:"Upsides yard found to be Kryptoniferous"
Joint venture? Did someone say joint? I that part of the ... what was it .... crack that bill talked about...or was that not bill? LOL
August Focus Stock Update
CMKM Diamonds, Inc. (CMKX)
“Christmas in December”
Since we elevated our opinion of CMKM Diamonds to our storied home page in August prior to any dividend record dates, The Green Baron Report has maintained that it was just a matter of time before the company would become fully reporting, and valuation of its mineral rights would surface. However, we did not think it would take quite so long for CMKM Diamonds to complete its filing that would divulge many closely held secrets. We still await the Company to reveal the exact total number of shares issued and outstanding, as well as results over rumored large diamond and other mineral finds that might dictate the potential huge value of the mining rights on its properties.
Many may wonder why a company would so desperately hang on to such information. The answer may lie in the macro trend of diamond hunting that has just taken on dramatic developments over the past several months in the Fort a la Corne area of Saskatchewan, Canada. Until just recently, it was virtually unknown whether this area contained the potential substance to maintain the expense of a world class diamond mine. However, news recently delivered by Shore Gold and the Kensington/De Beers projects in the Fort a la Corne area seem to indicate that this area may contain the biggest diamond bonanza in the world.
A company owning the mineral rights to land all around these new finds would want to expose its own findings in a methodical and specific way, particularly if its public stock was also being manipulated. The Green Baron Report maintains that CMKM Diamonds respected attorney D. Roger Glenn knows precisely how to manage the flow of information, and the timing of when this information will be exposed. We find it very curious that the last dividend announced so far (the second Juina Mining allotment - GEMM) will be paid on November 30. If a bear trap has been set, in our opinion the time to spring this trap would be just after all previously announced dividends have been paid.
The Green Baron Report would love to predict that CMKM Diamonds will begin its move higher in December. We originally thought that the “Christmas in July” rumors were hogwash, and the “Santa is arriving in August” was a little premature. The Green Baron Report itself even thought September would ring in the Holidays early based on the idea that CMKX naked shorts (its existence now appears widely accepted) would need to cover prior to the US Canadian Minerals (UCAD/USCA) dividend payout. Instead, we all saw what happened to the price of UCAD when these shorts decided not to cover CMKX and try to pay out the UCAD dividend.
So now Thanksgiving is just about upon us, and Christmas truly is right around the corner. We would love to tell our members that CMKM Diamonds stock will provide you with the best Christmas ever, but the only thing we can predict with certainty is that Christmas will indeed be in December. However, if we all just try to take a moment this time of the year and do something kind for another in need, perhaps by the time we hit the New Year we might discover that CMKM Diamonds is The Stock Play of a Lifetime (that is, unless you are short).
CMKX dividend stock US Canadian Minerals ended its suspension by the SEC with little fanfare on Thursday, November 12. Although USCA by rule was demoted to the Grey/Pink Sheets, we believe this exchange listing is only temporary and its listing on the Bulletin Board will soon be reinstated. USCA also filed its 10Q early yesterday morning. The Green Baron Report will not comb through the report as our focus is on CMKM Diamonds. We have a few questions, but there is nothing we have seen in the report that causes us any alarm or concern. USCA stock had little reaction one way or another to this filing. We believe the real answers await us in the CMKX filing.
Finally, CMKM Diamonds has hired Mr. Andrew Hill to be its new head of investor relations. Mr. Hill has a 30 year background in banking, finance, sales and communications. The Green Baron Report welcomes Mr. Hill to this position, and we anticipate he will handle his duties professionally and with integrity. The new CMKX investor relations contact will only be able to answer questions about publicly released information. We do not suggest asking questions that obviously can not or will not be answered. If you should have a need to contact him you can send an email to cmkxir@casavantmining.com.
The Green Baron Report itself even thought September would ring in the Holidays early based on the idea that CMKX naked shorts (its existence now appears widely accepted) would need to cover prior to the US Canadian Minerals (UCAD/USCA) dividend payout. Instead, we all saw what happened to the price of UCAD when these shorts decided not to cover CMKX and try to pay out the UCAD dividend.
this dividend was for restricted shares of ucad. does anyone know how you buy restricted shares of any stock without transfering the cert. itself?? if i have X number of restricted shares for company YYY in hand i can transfer them on the back of the paper share but i can't sell them on the open market. when company YYY issued me those restricted shares they had their t/a issue them because they are differant then common shares. now here i am, ameritrade,company yyy's t/a transfers a bunch of restricted shares into my street account for a dividend pay out. i'm putting restricted dividend shares from company yyy into my clients accounts and low & behold mm jeff transfers a bunch of common shares of company yyy into my street account to pass out for the dividend. do i (A) put these shares into my clients accounts & just mark them restricted (B) call company yyy's t/a & ask whats up or (C) call mm jeff & ask whats up. if i do A i'm part of the plot & if i do B its on the front page os SEC news the next day & C postpones the news by a day or so. if cmkx was naked shorted we would know it by now, proof solid. cnn would be covering it & blaming george w bush. i won't even start on how a mm covers CIM. its a non story, is not true period. unless someone knows a way to cover restricted shares with common shares.
[This message has been edited by bill1352 (edited November 18, 2004).]
Seriously, I believe the current thinking is that the halt on USCA was orchestrated by Roger Glenn so that the SEC would discover the naked short problem on their own. Some are claiming that they have still not received their UCAD/USCA split shares yet and the SEC would discover this during the investigation. So, what I believe they are saying is that there have been no unrestricted shares put into our accounts disguised as restricted, there just wasn't enough restricted shares to go around, hence the orchestrated halt also referred to as "the bear trap". How this ties in with UCAD's run up is beyond my level of thinking though as are most of these theories.
"The Green Baron Report will not comb through the report as our focus is on CMKM Diamonds. We have a few questions, but there is nothing we have seen in the report that causes us any alarm or concern."
*****************************************
"Now, isn't that special?"
I am especially impressed with the part about "nothing causing alarm or concern". Talk about being in the dark!! What a bunch of crap!! Anyone who could write or believe that garbage has some real problems with reality.
More diversion from CMKX by talking about USCA, Glenn, etc. Not one bit of which said anything meaningful.
[This message has been edited by Wallace#1 (edited November 18, 2004).]
Vroom,Vroom.Errrrrrrrrrrr! http://www.cmkxtreme.com/
I Hope they got something
else besidses horsepower.
quote:
Originally posted by highwaychild:
Website update...Vroom,Vroom.Errrrrrrrrrrr! http://www.cmkxtreme.com/
I Hope they got something
else besidses horsepower.
I'm back from Pomona, 2004 race season over! Glad to be home for a solid couple months...
Anyone hear about the great billboard (I saw 4 on the highway, 2 at the track) ads in Vegas for CMKXtreme? Huge dollars blown on that course of action.
Did anyone notice that after the BIG announcement for 2005 sponsorships, 2 races ago, Arend has failed to qualify (after a consistent multi race run). What a turn of events. Blew up a bunch of stuff, too. Fate?
Also, I haven't seen Mr. Casavant at the start line since Sonoma, CA, in July. His brother's always there, plus MANY soldiers. Seem to be having a grand ol' time.
This is really funny.. friends of mine told me at Vegas one of these CMKX soldiers, who wrangled them in the pits, told them they're making a Hollywood MOVIE about CMKX! Urban's life story! The guy was SERIOUS!
GEEZ.
Guess what kind of $$$$ UC has going to 3 race teams next year... in excess of 2.6M! Rumor perhaps, but it seems accurate. I've been in the biz a long time. 3 teams, probably way understated. And that's not even including his SpeedTruck series sponsorship.
I am truly stunned. Woulda, shoulda, coulda. Brilliant. Big smokey burn-outs.
[This message has been edited by lanebro (edited November 19, 2004).]
quote:
Originally posted by Upside:
Sorry for responding the way I did legal. However, you seem to know what you're talking about here so maybe you should post all of the information. The suspension was over then and the stock was trading again so he's free to sell if he wants. Also it was a code "s" sale so since it didn't show up in the daily volume it was a private sale. Also, if you look at the form 4, all of his sales and purchaes go through at something other than market price. On March 22nd he sold 31,900 shares at $6.78 when the stock was at $2.40. In July he sold a total of 50,000 between $2.57 and $5.53 when the stock was in a range between .90 and $2.45. His few purchases have been the same way, all well above the market price. It happens all the time and to isolate one example to validate the conspiracy theory is bending the truth a bit, don't you agree?
Upside, the suspension was over by two days but we do not know if the investigation was ongoing or not. And for the major shareholder of the company to unload that many shares just two days after, is to invite a run on that company, or a reopeining of the investigation, if closed.
My answer was in response to bill1352's question: "its a non story, is not true period. unless someone knows a way to cover restricted shares with common shares."
The better way to cover restricted shares is to buy them from the company, or a major corporate shareholder.
And we know that a major corporate shareholder was placing a private sale just two days after his company was suspended from trading.
I was only trying to answer his question with a possible scenario.
To accuse me of "bending the truth" to validate your opinion that there is no NS positon is a little unfair as well.
quote:
Originally posted by pennykid:
hey lanebro,
Do you do track racing or drag racing. I always wanted to be a race car driver and am saving up for racing school in arizona. I'll be taking a grand prix racing course. It is a 4 day thing but it costs $4,000 + airfair to get there. If all goes well i can get my SCAA racing license and have some real fun. jsut now i could only do drag racing or amature racing. How did you start?
It is pretty consuming. Prepare yourself.
Go for your dreams Kid, whatever floats your boat. Having fun is most important.
quote:
Originally posted by bill1352:
legel,....let me get this straight, the SEC told ucad it was ok to sell shares to mm's to cover a naked short a month after the pay date??? and a company that is partnered with cmkx said ok i'll do that, lets hide a naked short even more. let me guess there wasn't enough shares around to buy so by having a 3-1 forward split that gave him enough shares to do it with. i'm sure the same goes for the gemm split. ok tell me how the SEC stuck it to us with CIM.
You seem to be adding a lot of words to what I said. The shares in many accounts are only "markers". That is now a proven fact, that the brokerages are doing this.
I think the MM's are scurrying to cover all dividends that they are short on. And I don't pretend to know how they are doing it. You asked how it was possible, and I answered. UCAD was the first that needed to be covered. I doubt they have even started to cover the split shares.
Do you know that the CIM in your account is real? Or any of the dividends? I haven't ordered certs yet so I don't know. But when it was discovered that the GEMM shares are only markers, I think we have to begin wondering about all of the dividends.
It is possible that "markers" were placed on all of them, thinking that they had a year to make them good.
CIM, however, is not restricted and real shares can only be obtained from Casavant. It appears the pressure is on and the brokerages don't know how to handle it.
quote:
To accuse me of "bending the truth" to validate your opinion that there is no NS positon is a little unfair as well.
That's not what I did. My post had nothing to do with my belief or disbelief in the short theory. I was simply stating facts that you elected to omit, to apparently lend credence to your position.
Upside, sorry I can't help you dig until I get back. One thing about it... I don't think I'll have to worry about cmkx running while I'm gone. LOL
Keep the faith.
quote:
Upside, sorry I can't help you dig until I get back.
I'll save some prime yard space for you. Enjoy your trip.
quote:
Originally posted by Bob Frey:
Anyone get CASAZZ shares from cmkx?
I had some but sold them to JBCak in a private sale. He'd buy anything remotely related to CMKX! LOL
quote:
Originally posted by Bob Frey:
Anyone get CASAZZ shares from cmkx?
Never heard of it.
[This message has been edited by legaleagle (edited November 19, 2004).]
Heads up from Dr. Diamond (part 1)
Global Moderator
Posts: 689
A heads up for CMKXers
« Thread started on: Today at 10:59:13 »
--------------------------------------------------------------------------------
In light of the upcoming news and events we are seeing an increase in the basher movement against not only CMKX but also UCAD. It seems that Stock Patrol has either some new competition or a new accomplice in their attacks of CMKX and management in StockLemon.com. I believe we all expected a step up in the assault after the UCAD dividend distribution date arrived and we have not been disappointed.
For a heads up, there are several individuals disguising themselves as well meaning CMKX investors that are grouping together to try and discourage CMKXers from holding and are attempting to rally others against CMKX and partners. These individuals are using the boards and the Pal Talk rooms to try and spread their disparaging advice. Newbies, please follow the lead of the experienced longs and admins when dealing with these negatively opportunistic individuals as they will try and appeal to your sense of fairness and will desire you to be sympathetic with their situation all intended to bring about your demise.
We are at a very critical place with CMKX and the journey to exchange-hood and success and these next 2 weeks should be very important indeed. This is further evidenced by the pressure that our joint venture partners and allies are feeling in the market place as the heat by the manipulators turns on them as well to try and discredit the value of our dividends. In my opinion, “Shorty” is in trouble on UCAD and the marker shares in our accounts from the dividend are going to have to be settled. As of This morning the DTC had not yet delivered the actual shares certificate to Ameritrade and have no idea when they will be delivered, per my phone conversation with Brian in client services and Mr. Johnson in the reorganization department. A.G. Edwards reportedly has not posted the UCAD dividend in any of their shareholder accounts either.
Many have misinformation that shorty skated through the UCAD distribution unscathed but the reality is that they are having big problems. Rendal Williams added to the complexities by the UCAD 3:1 forward and we can see the manipulators disapproval in the market place since the announcement. If, and I do say if, shorty had to place naked short UCAD shares or short UCAD shares in CMKX NSS client accounts then there will have to be a UCAD cover at least temporarily as the Oct 25 record date for the UCAD 3:1 forward split is approaching. It also has been reported that instead of placing NSS of UCAD some firms are placing free trading market shares of UCAD into some accounts.
The DTC evidently is having problems figuring out where all of the shares are going to come from to distribute to all of the CMKX shareholders since the 6th of Oct and now that problem is tripled. Any legitimate share of UCAD will be multiplied, but the shares they have not already obtained from UCAD to cover with will not be multiplied and the plot thickens.
A phone call to your brokerage firms and inquiring about the UCAD shares being truly delivered into your account could yield some interesting information. They will say they have been posted to your account, but as I have found out if you try to withdraw them in certificate form it is denied because the true certificates have not been delivered by the DTC to the brokerage firms Street Name. Meaning, they have no restricted UCAD shares to send us at this time. Speak to the reorganization Department at your broker and ask them specifically about the time frame for the UCAD delivery so you can withdraw your UCAD certificates, whether you intend to or not.
A heads up for CMKXers (continued)
« Thread started on: Today at 10:59:13 »
CIM is on the starting block and things are just now starting to get good and GEMM is in the system for the near future. Cudos go out to Roger, Urban, Rendal, and Ed Dhonau for their combined efforts in swinging the tide and bringing CMKX in control of the direction that the securities conflict is traveling. This is just my opinion, but I believe the tide has changed and we are on the offensive now and taking the game to the MM’s on a different level.
The market on our partners (SGGM, UCAD and GEMM) are refreshing themselves or have took a rest and will rally later today and hopefully Monday on the webcast news coming forth from Urban and Rendal. Many are hoping for the fully reporting news to come out this weekend, but I think the Big bomb will be methodically placed by Roger at exactly the right time and place to yield the most benefit to all concerned. We are talking about share structure, valuation, financials, etc… and this will not be done over a web cast in my opinion. I believe we may get the information that the papers have been filed and we are waiting for a response from the SEC, but I don’t necessarily see a fully reporting announcement coming at this time. I could be wrong and hope I am, but I believe it will be better placed immediately following (within a week or so) the CIM dividend distribution instead of preceding it.
I have been long enough and will not stretch this out any further. Hold on to your shares and wait for the company to bring forth the PR’s and the info that will better equip the company to make its steps forward.
Success is at hand.
These are just my opinions and I ask that you treat them as such.
P.S. George did you find the CMKX offices in Vegas?TIA
Dr.D
Part 2:
A heads up for CMKXers (continued)
« Thread started on: Today at 10:59:13 »
CIM is on the starting block and things are just now starting to get good and GEMM is in the system for the near future. Cudos go out to Roger, Urban, Rendal, and Ed Dhonau for their combined efforts in swinging the tide and bringing CMKX in control of the direction that the securities conflict is traveling. This is just my opinion, but I believe the tide has changed and we are on the offensive now and taking the game to the MM’s on a different level.
The market on our partners (SGGM, UCAD and GEMM) are refreshing themselves or have took a rest and will rally later today and hopefully Monday on the webcast news coming forth from Urban and Rendal. Many are hoping for the fully reporting news to come out this weekend, but I think the Big bomb will be methodically placed by Roger at exactly the right time and place to yield the most benefit to all concerned. We are talking about share structure, valuation, financials, etc… and this will not be done over a web cast in my opinion. I believe we may get the information that the papers have been filed and we are waiting for a response from the SEC, but I don’t necessarily see a fully reporting announcement coming at this time. I could be wrong and hope I am, but I believe it will be better placed immediately following (within a week or so) the CIM dividend distribution instead of preceding it.
I have been long enough and will not stretch this out any further. Hold on to your shares and wait for the company to bring forth the PR’s and the info that will better equip the company to make its steps forward.
Success is at hand.
These are just my opinions and I ask that you treat them as such.
P.S. George did you find the CMKX offices in Vegas?TIA
Dr.D
[This message has been edited by legaleagle (edited November 19, 2004).]
this is what my ameritrade account has for cmkx
[This message has been edited by legaleagle (edited November 19, 2004).]
quote:
Originally posted by bill1352:
well legel i'm not sure where dr. d got his info & i do understand it is an old posting but this morning i was told by ameritrade reorganization dept. that both CIM & ucad were delievered into their street accounts. he called it a bulk delievery or 1 cert to cover all shares needed. if what you were saying & dr. d is saying is true then it was covered and it did nothing to benifit us. dr.d is one of the most fantastic story tellers involved in cmkx. i do find it interesting the volume has dropped dramatically, not close to 1 billion yet today
You may want to call them back to see if they would deliver certs on those shares, whether you order them or not. I haven't yet, but it might be interesting, since many brokerages are turning down clients requests.
REVISION-1: CMKX/USCA-Seeking True Valuation...
Here’s what I see, but try not to fall asleep while reading this because you got to really read the whole thing for a complete understanding to see how CMKX is currently worth .03069 cents per share, in my opinion! I made a few revisions along the way to add more clarity.
Heck, since the USCA filings have already been out for a while, somebody might have already brought out these points. So my apologies if this is a repeat of topics that were already discussed. I’m pressed for time and will not be able to read the boards to get caught up again, but I felt it important to create this post to make sure I am seeing the same thing you all are seeing.
So, we now have a little more facts to go with than what we had before. The information I’m pulling from the recent USCA 10QSB filed with the SEC are considered facts substantiated from the SEC and not by me. In my opinion, the SEC knew what USCA was about to release for their filings and if they had any problems with them, they would not have allowed them to return to trading. This moves us even more slightly away from spec-o-lation and more towards substance derived from doing reverse math to determine an anticipated CMKX valuation at a discounted price and not at a premium price.
Let’s first list the USCA facts from the filing and some other facts we know of:
The USCA Filing as of 16 Nov 04: http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=3096088&doc=1&total=&back=1&g=&attach=on
Fact: USCA Outstanding Shares (OS) is 63,603,066 Shares
Fact: The Consolidated Statement of Operations used 16,656,760 Shares for the OS
Fact: CMKX OS ≤800,000,000,000 Shares
Fact: USCA Total Assets went from $6,430 to $73,834,515 in less than 1 Year
Fact: USCA went from a Total Stockholder’s Deficit of ($1,206,646) to Equity of $72,219,018
Fact: USCA went from a Total Liabilities and Stockholder’s Equity of $6,430 to Equity of $73,834,515 (Same as Total Assets above.)
Fact: Net Loss went from ($210,199) to ($1,225,741) with the bulk coming from “Consulting and Professional Fees” and “General and Administrative Expenses”
Fact: Currently Cash Flow Positive from negative ($28,110) to now $950,524 in less than a year
Discussion about the above Facts:
Taking your company from Total Liabilities and Stockholder’s Equity/Total Assets of $6,430 to $73,834,515 in less than a year is a huge sign of growth that should not be overlooked in my opinion. This phenomenal! This is very apparent that the forward split was done to increase more liquidity in their stock for anticipated growth in my opinion.
There was an increase in the Net Loss by ($1,015,542), but would you spend $1,015,542 to get $73,834,515 in Equity? No doubt! The question should be: Who wouldn’t? Let’s talk about why, but let me first put this into a better perspective for an understanding. Know too that Equity is important because Equity is used to help you capture Revenues.
Assets - Liabilities = Equity
Equity ÷ Outstanding Shares = Book Value (BV)
I have seen where many stocks trade at prices much lower than their BV. I have seen where a stock had a BV of $8.00+ and was trading below .01 cent with no intentions of ever going up in price. At one time ago, I thought that such meant that the stock was undervalued. Not necessarily so. Those were some tough lessons learned for those who knew me way back then. All it just meant was that the stock was not making money with their Assets.
The Fundamental Valuation that is used to determine where a stock should be trading at is predicated upon the Earnings Per Share (EPS) and not the Book Value (BV). So all the stuff we just talked about in having a BV as good as we have in USCA is good, but all it shows is growth. It does not justify share price.
It’s not significant as to show support as to why a stock should or should not be trading at a certain level. This growth in Equity is good in the sense because you can position yourself for Equity Financing to use as collateral to position the company towards generating Revenue (amongst other things too). Currently, we have no Revenues.
Why is all this important? Well…
Revenue - Expenses = Net Income
Net Income ÷ OS = EPS
Since USCA has a Net Loss instead of Net Income, this is not a positive considering the goals they are trying to achieve of becoming a profitable company, but this 10QSB shows huge promise in my opinion of where we are heading. The goal is to have a positive EPS to reflect Net Income. Still, significant growth was revealed in my opinion to show that USCA is positioning itself to becoming a profitable force to be reckoned with in the market in my opinion.
So now everyone has got to be wondering: How does all this plays in with CMKX and the price of apples? As far as with the price of apples, I’m not sure, but with CMKX we might have some things that are being subliminally revealed. Keep in mind that this is not me talking. This is USCA talking from being approved by the SEC to speak since they were previously silenced, but now allowed to resume trading. So don’t start any of this; Sterling is trying to hype stuff, or start rumors! LOL
Here is the key piece from the filing that we must first observe:
”On July 18, 2004, the Company acquired 5% of all mineral holdings of CMKM Diamonds, Inc. ("CMKM") for 22,000,000 shares of common stock of the Company.”
This shows me that a deal was cut that had USCA feeling that they were paying a certain amount for the 5% claims of CMKX at a discounted price. At that time, USCA was UCAD and was trading at around $4.50 per share. That is the amount that has been confirmed as a discounted amount in the eyes of USCA and apparently the SEC at such time.
The SEC is dealing with “the now” or with “what is” with the current valuation in my opinion with USCA since the halt/suspension was now and not done back then. I will use the price of USCA at the time of the halt/suspension and the total shares of 22,000,000 shares (post split 3-1 split adjusted) given at the time of the halt/suspension because that is what I believe the SEC was using for consideration. The price was $4.65 per share at such time. This is how I will base my figures on the “the now” or the “what is” for determination. If I was to revert back to the pre-split adjusted price I would have to use ($4.65 x 3) x 7,500,000 shares. Instead, I will use the post split price at the time of the halt/suspension of $4.65 per share and the post split adjusted amount of shares of 22,000,000 which is the amount listed in the filings. I’m not sure what happened to the other 500,000 shares for the difference.
This means that currently, USCA’s 5% that was screened by the SEC is equivalent to below:
$4.65 x 22,000,000 = $102,300,000 USCA’s 5% Worth of CMKX Claims
In my opinion, this is also the belief of the SEC from USCA proving such to them. Again, or they would not have allowed them to resume trading.
So, this $102,300,000 as a discounted price is what I think the SEC had under scrutiny for consideration to being worth 5% of all CMKX claims at least at a discount as confirmed by USCA and the SEC. It looks like all was proven that was in need of being proven in my opinion.
To get the value of CMKX let’s do this with some quick math. Just double the 5% amount to equal 10% then multiply by 10 to get the total piece of CMKX valuation at a minimum.
So,
$102,300,000 x 2 = $204,600,000 as the 10% Portion of CMKX Claims
Then,
$204,600,000 x 10 = $2,046,000,000 as the 100% Portion of CMKX Claims
(Or just slide the commas to the right one position.)
Now with using this $2,046,000,000 as our Intrinsic Valuation to determine valuation as Income, let’s determine our EPS. Let’s also assume that our Gold, Uranium, and other ventures will at least pay the bills to cover the Expenses that we are leaving out for this calculation. I think this is a fair assumption to say the least as it probably would contribute to a much higher share price. Let’s also max out the OS for CMKX to being 800,000,000,000 Shares. Please observe below:
Net Income ÷ OS = EPS
$2,046,000,000 ÷ 800,000,000,000 = .0025575 EPS
The .0025575 is the EPS and is not the BV. It is not Equity. In the mining field, Revenues are represented as the company’s resources in the ground. In the mining field, our resources that we pull out of the ground is our valuation that is reflected as our Revenue. Please go to the link below to see the major market mining stocks listed to read how they do this to file as their Revenues. You will then see why it is safe to consider such as I did Revenues. Earlier you read what I did with the expenses. http://biz.yahoo.com/p/metalsconameu.html
Equity/Assets are used to help you generate Revenue. Example: Your machines used for drilling can be worth $2 Billion, but would not show up as Revenues. They would be considered your Assets/Equity used to help you generate Revenues/Income. Now, the Revenues would be what those Assets will be either going to pull out of the ground or what they have already pulled out of the ground.
Since we are still in infant stages in our growth as a mining company with CMKX, it is fair to use the valuation that is made prevalent as the Intrinsic Value that is to be what is in the ground to be taken out to be as Revenues. This I considered as Intrinsic Valuation just to eliminate the debate about valuation of what is revealed, but still in the ground even if it is not pulled out yet, but proven that it is there. This is the 5% value of CMKX Claims purchased by USCA.
To better know how to view the 5% value, imagine there being 10 pieces to a pie and each piece costs .10 cents. Now, if you only had 1 piece of that pie, are you telling me you could not figure out the total value of that pie from only having 1 piece of that pie and knowing that .10 cents was the cost of that 1 piece of pie you have? I think you would see that it is at least safe to think that the pie could be valued at the minimum price of $1.00 for total valuation.
Let’s now determine the fundamental share price of CMKX from the information verified. To do this, we must look at the PE Ratio logic of determination. Some of this I posted before so a refresher shouldn’t hurt for a repeat since it has been a long while ago.
Normally in the market, somewhere between 10 and 15 seems to be a conservative PE Ratio to use as a multiple for today's normal growth expectancy. So that is why I will use 12 in the below example. Keep in mind that the PE Ratio is generally within the 25 to 30 PE Ratio range for mining stocks.
Many use the PE Ratio with stocks that either possess or have the potential to posses Earnings Per Share (EPS). The PE Ratio is often considered the minimum price investors are fundamentally willing to pay for a stock when multiplied by the EPS. The PE Ratio is used to examine the relationship between a company's price per share and EPS determined by:
Share Price ÷ EPS = PE Ratio
Using the PE Ratio as a multiple to determine stock prices conveys that the PE Ratio is a general growth expectancy rate determined from an average from the top 20 to 30 companies in that particular exchange/industry.
It is assumed that each company within that exchange/industry will grow with the same expectancy rate under certain Fundamental Principles in relation with a company's Revenue, Expenses, and Outstanding Share structure.
Those supporting a low PE ratio believe that the lower a PE ratio, the more undervalued that stock is within the market as compared to normal growth expectancy rates from companies trading within their market. (The OTCBB is considered being within the realm of the NASDAQ.) The low PE Ratio is considered an indicator that the stock is overlooked within the market. The denominator is the variable we need to consider for determining what price levels a stock should be fundamentally trading. This is why many are concerned about the OS here with CMKX.
Those supporting a high PE ratio believe that the higher a PE ratio, the more growth potential it has within the market because it's showing growth higher than the average conservative market PE ratio. It is assumed that the company would continue its normal expectant growth rate. The numerator is the variable we need to consider for determining what levels a stock should be fundamentally trading.
Here is a link to add about PE Ratio info: http://www.investopedia.com/terms/p/price-earningsratio.asp
The Earnings Per Share (EPS) is the amount of money that a company will give you, as a shareholder, the per share amount if the company was to distribute all net earnings to its shareholders multiplied by the normal growth expectancy ratio of price to earnings (PE Ratio) for that market.
Let's use the conservative PE Ratio of 12 for our calculations below. Let’s use basic algebra to convert the above results to find the share price that CMKX should be trading at as of now from what’s subliminally revealed:
CMKX Share Price = PE Ratio x EPS
CMKX Share Price = 12 x .0025575
CMKX Share Price = .03069 cents per share
So in my opinion, according to what was derived from the recent USCA 10QSB filed with the SEC and approved by the SEC to be legitimate, CMKX is still a discount to buy even if it was trading at .03069 cents per share.
We say at a minimum because the thought is that USCA is getting a deal at bargain basement prices for what they paid for the 5% of CMKX claims for becoming part of the CMKX foundation. So actually, the valuation is considered to being much higher.
This means that CMKX is significantly undervalued at its current share price in my opinion up until it reaches at least the .03069 cents per share area. With the valuation that I have shown above, this USCA filing is as good as a CMKX filing to show a total valuation $2,046,000,000 for the minimum valuation of the CMKX claims at a discounted price. Again, this is not Sterling’s opinion alone, but the SEC’s too as fact the way I see it!
All is well! http://www.sterlingsclass.com/
;-)
Sterling
=============================
i hate to disagree ed but you have to be drugged out to follow sterling. the is no finacial anything in his post. notice he left out the parts about being 18+ million in the hole. the parts about nothing but 1 mine is producing & not much hope of any others starting up. the fact that even though the rachel property is tied up in court they didn't have any money to move forward anyway. the fact that UC & family bought shares so they had some money to buy UC's 5%. in short he left out all the important stuff & dreamed up the rest.
------------------
78.23% of all statistics are made up on the spot...The other 35% are made up later on.
Zoomingstocks analysis of USCA 10q
U. S. Canadian Minerals (OTCBB: USCA)
San Diego, CA. November 17, 2004, the long awaited 10QSB filing for U. S. Canadian Minerals is on the street. Shareholders have been expecting this report with anticipation ever since the suspension of the company by the SEC in response to complaints filed by unknown person(s).
A couple of days have now passed since the 10QSB appeared and Zoomingstocks.com is prepared to bring you an in-depth analysis on the report. Our attempt is to simplify the 55+ pages into digestible morsels for the average shareholder.
In reviewing the report, it is best to begin with the previous quarter’s report for U. S. Canadian Minerals, then symbol UCAD. Here are some highlights of that report to provide a baseline for comparison.
2nd Quarter 10QSB – Aug 23, 2004
What it was
Category
Value
Current Assets
$1,321.00
Liabilities
$1,528,875
Investments
0
Stock Holder’s Equity
$5,757,390
Cash Status
$1,321.00
Fixed Assets
$3,144
Mineral Rights
$7,370,250
Net Income (Loss)
$(339,399)
Shares Authorized
100,000,000
Shares Outstanding and Issued
9,007,494
The overall conclusion on the previous report showed a developmental stage company with limited operating capital, hardly any cash at all and issued a going concern notice stating that unless the perceived value of their claims is realized through drilling and exploration they would continue to operate at a loss.
To quote the report:
“GOING CONCERN - The accompanying financial statements have been prepared on a
going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company is in the development stage, has no operating revenue and has incurred cumulative net losses of approximately $17,700,000 since inception.” (UCAD 2d Quarter 10QSB filing)
As we have seen in recent months, U. S. Canadian Minerals has been severely dragged over the coals and called “penniless” and without prospects. I think we may be in for a surprise as we dissect the 3rd Quarter report.
Now let us take a look at the 3rd Quarter report and see if things have improved any. Keeping in mind that in accounting the accrual method is what you see in the 10QSB, here Zoomingstocks.com is doing apples to apples comparison of the 2nd quarter to the 3rd Quarter. The 10QSB reflects an accrual from the end of 2003 to date.
3rd Quarter 10QSB Nov 15, 2004
What it is now
Category
Value
+/- %
Current Assets
$11,634,524
Skewed 88K+
Liabilities
$1,465,497
-4.14
Investments
10,684,000
--
Stock Holder’s Equity
$72,219,018
1154
Cash Status
$950,524
Skewed 72K+
Fixed Assets
$18,191
479
Mineral Rights
$62,120,250
743
Net Income (Loss)
$(1,225,741)
-461
Shares Authorized
100,000,000
--
Shares Outstanding and Issued**
21,646,171
140
Looking at the percentage differences it is clear that U. S. Canadian Minerals has grown in some areas in the past quarter. We not only see that we have a significant basis for comparison between the two quarters but we also see that this developmental stage company is growing rapidly.
In breaking down the report to determine how these figures correlate to actual activities that occurred in that quarter, we see that after reconciling cash flow back to net income the difference in cash on hand is $950,524 compared to the 2nd Quarter cash of $1,321. Having cash on the balance sheet is an indication of that the company’s Debt to Equity ratio is under control. In this case, that ratio is .002%, significantly low since the acquisition of assets and investments have been through stock and equity financing deals. Remembering that there was a large carryforward net loss from Barrington Foods, U. S. Canadian Minerals is quickly emerging from their deficit. Additionally, Investments have also jumped significantly from zero to $10, 684,000.
The culmination of investments and consolidation including the recent Joint Ventures accomplished by the company are listed below.
Company
Current Value
Nevada Minerals
$5,175,000
Exploration
$300,000
Juina Mining Corporation
$200,000
Yellow River Mining S.A.
$150,000
Nevada Magnetic Minerals
$206,250
El Capitan ****
$1,539,000
Smeaton
$50,000
COD Mine
$60,000
CMKM Diamonds
$3,000,000
Option 1
$2,500,000
Option 2
$8,000,000
Total in invested properties
$21,180,250.00
Langley Park Investments
$183,914,543
Current value of this 4,958,896 shares of stock is based on London Stock Exchange quote in GBX 20.00 at the close of trading, Nov 16, 2004
**** USCA provided outside commercial appraisal of the estimated value of the property as $5,000,000 and an eventual recovery of $120,000,000 in Revenues
Lincoln County “Rachel Property” option was not exercised by the company due to litigation procedures with Nevada Minerals
Having raw data to evaluate these reports is either insufficient for the novice or expert to develop a well-informed conclusion of the viability of this company. One of the most important things to remember when evaluating a company’s filing is not to “park your brain” solely on the numbers. Other things require your consideration in determining the business as a going concern. In the 3rd Quarter filing, as reported in the previous quarter the issuance of a Going Concern notice indicated that the company is in the development stage, has no operating revenue and has incurred cumulative net losses of approximately $17,700,000 since inception. This quarter that number increased to $18,911,000 a difference of $1,211,000 or 6%.
Considering the total Stockholder’s equity in the company and the Current total assets this does not constitute cause for worry as a going concern. The company’s ability to be liquid is only 7.94% taking current assets divided into the current liabilities, another small number once again reflecting little concern about the company’s viability. However, the filing clearly shows that the company has limited operating capital. This is true since cash is only $950,524, but we see the bottom line growing and can begin to determine based on the raw data that this company is growing itself out of these concerns rapidly.
This information is important for investors because the thousands of words written in the report which go hand-in-hand with the financial data and are a key to determining if the company is in trouble or solvent.
There are many things to look for and take into account in reading these reports. The policy statements, history and summaries, investments and joint ventures and business combinations, explanations of accounts payable activities tell you where monies are being spent or how far the company has leveraged itself. Stockholder’s equity, income taxes, commitments, contingencies, and management plan of operations all give you an indication of how the company conducts its business.
Significant to this report and the mining sector is the fact that the Emerging Issues Task Force has allowed mineral rights to be considered tangible assets when filing financial reports. (EITF Issue No. 04.2). The applicable date of this issue is April 29, 2004 and U. S. Canadian Minerals has elected early application of this guidance.
It is evident that U. S. Canadian Minerals has little problem in acquiring financing to continue operations. Of note, this reporting period was a private placement by Urban Casavant, CEO of CMKM Diamonds Inc and his relatives. Additionally, the stock equity deal with Langley Park Investments, GBS: LPI trading on the London Exchange, who exchanged shares with U. S. Canadian Minerals to the tune of a purported $183 plus dollars that they are free to trade at a price of their choosing. What more can a company need than the ability to liquidate assets and continue its daily operation.
From a fundamental accounting perspective, this is a development stage company with limited operating capital but also with tremendous potential. Zoomingstocks.com realizes that potential and believes that U. S. Canadian Minerals 4th Quarter report will be even more anticipated than this one.
What is next for U. S. Canadian Minerals? After the unexpected suspension and subsequent delisting, the company returned to trading after the 10-day suspension was over. U. S. Canadian Minerals now has to file with the OTCBB and NASD to be quoted as an OTCBB stock again. This action is performed by a broker/dealer “market maker” and requires the filing of a form 15c211. It is Zoomingstocks.com understands that this action is being completed and that USCA will return to the OTCBB and continue its business plan.
For further information about U. S. Canadian Minerals, visit them at http://www.uscanadianminerals.com or quote tem on the OTCBB, symbol USCA.
U.S. Canadian Minerals, Inc.
4955 S. Durango Rd. #216
Las Vegas, NV 89113
United States
U.S. Canadian Minerals (USCA) is a multi-dimensional, mineral-based corporation headquartered in Las Vegas, Nevada. On its own and through Joint Ventures, USCA is looking to expand and develop mining properties throughout the world. USCA has already begun work on several projects, all of which are in various stages of development.
This has been an independent assessment provided to the public by Zoomingstocks.com and no compensation has been received for profiling or assessing this report. The opinions expressed in this report are that of Zoomingstocks.com and does not reflect the opinions or U. S. Canadian Minerals, their representatives or any of the other companies mentioned in this report.
To subscribe to this report, visit our website at http://www.Zoomingstocks.com. Refer your friends and help them zoom their way to wealth.
Enter supporting content here
Zoomingstocks.com
Email: info@zoomingstocks.com
Copyright (c) 2004, All Rights Reserved
[This message has been edited by legaleagle (edited November 19, 2004).]
[This message has been edited by Wallace#1 (edited November 19, 2004).]
1. before the last spike there was an influx of bashers on msg boards abroad.
2. the price bounced back and forth from 0.0001 - 0.0002 for about 2 weeks when previously had no heartbeat.
3. a lack of news from company.
these three occurances are building daily and I would guess that soon (1-2weeks) we will see a run up to 0.001
Of those options previously discussed, HOLD is the only logical course of action at this point in time. Not much difference between -.0001 and BK, if that's the way it happens to go.
Talk to you later.
[This message has been edited by highwaychild (edited November 20, 2004).]
{"With 10% of CMKX going to UCAD for $111,750,000 one would tend to
believe that at the very least CMKX would have a "market value" of
$1,117,500,000 dollars or .00143 + per share price."}
CMKX Spin Off's
« Thread started on: Today at 5:04pm »
It is a pleasure to be able to share information with everyone on
the board. This is just a thought I was kicking around this morning.
I would like to bring to light an observation and some information
that others may have possibly overlooked. This has to do with CMKX
value, shareholder value, and market values. I am no accountant by
any stretch of the imagination so be gentle. If CMKX is dispensing
all of the shares they are receiving from UCAD, GEMM, and CIM then
the company is not increasing in value, but rather decreasing
because they are giving up cash and percentages of the company and
retaining little in return. In short, we as shareholders actually
receive the increase of the value that the company has decreased in
value.
Usually a dividend is paid out of revenue generated by the operation
of the company and not a sell off of the company's assets. Dividends
typically come from revenue generated, but when it comes out of the
company's capital it is considered differently. If it is revenue
being distributed then the company does not decrease in value but is
actually sharing the profits generated. We are actually receiving
Spin Off's from CMKX which can easily be confirmed by your broker. A
Spin Off by definition occurs by a corporate action through which
the corporation divests an asset or assets by distributing part or
all of the asset(s) to its shareholders. These assets are typically
equity ownership in another entity such as the 7.5 million shares of
UCAD that CMKX received in payment for 10 percent of the company.
What would be expected with a Spin Off would be the same with other
forms of similar corporate distributions and that being that the
value of the shareholder's original shares is reduced by the value
of the asset received. The market value of the shareholder's total
investment, however, remains unchanged.
Typically a Spin Off will reduce the share value in the market place
for the company releasing the assets to the shareholders, but the
shareholders value remains the same due to the value of the assets
received.
For example, in a typical Spin Off we will assume that there are
100,000 shares of URBAN Co. common stock outstanding and that each
share has a market value of $100 per share. The total market value
of URBAN Co. is $10,000,000.
100,000 O/S X $100 per share market value = $10,000,000 Total Market
Value
On top of this let us assume that URBAN Co. owns 100,000 shares of
MELVINS Resources, Inc., valued at $30 each. URBAN Co.'s equity
investment in MELVINS Resources, Inc. is worth $3,000,000
100,000 shares X $30 per share market value = $3,000,000 Total
Market Value
URBAN's Co $10,000,000 market value includes the $3,000,000 TMV from
MELVINS Resources Inc.
A Spin Off from URBAN's Co., of its MELVIN's Resources Inc. shares
held to it's shareholders would reduce the market value of Urban's
Co by $3,000,000. This would be seen in the market place as a
reduction in the PPS of URBAN's Co., from $100 per share to $70 per
share because of the $30 per share valuation reduction by the spin
off.
In CMKX's case this is really being manipulated by the market
makers. Currently we have a market valuation of .0002 per share of
CMKX. CMKX received 7.5 million shares of UCAD for a 10% buy in.
These UCAD shares are trading in the market place as of close Friday
at $14.90 per share. The value of this Spin Off could be calculated
to have a value of: 7,500,000 x $14.90 = $111,750,000
If the Spin Off ratio were correct (I don't believe it was) then we
could calculate an O/S for CMKX of near 779 billion. CMKX is trading
at .0002 in the market place as of the close Friday. The market
value of CMKX would be estimated to be:
779,000,000,000 x .0002 = $155,800,000 total market value for CMKX
This means we watched CMKX give out over 60% of its total market
value through the UCAD dividend and the market value of CMKX did not
drop an hundredth of a cent. If we are seeing a normal market flow
then the CMKX market value ($155,800,000) would have been reduced by
the $111,750,000 given away in the Spin Off. If the O/S of CMKX were
558,755,000,000 or less then CMKX would have given away over 100% of
its market value. Something is definitely wrong on Wall Street.
With 10% of CMKX going to UCAD for $111,750,000 one would tend to
believe that at the very least CMKX would have a "market value" of
$1,117,500,000 dollars or .00143 + per share price.
Add to that the CIM Spin Off, the GEMM Spin Off, and the SGGM 200
billion restricted shares in the company's possession, and 1.9
million acres of mineral rights per my conversation with Melvin two
days ago, then we can easily see that CMKX is way undervalued in the
market place based on the value and percentages from the Spin Off's
alone and the adjustment will come very soon in my opinion.
CMKX is under heavy market manipulation in my opinion and will begin
to break loose in the near future as the CMKX plan continues to
unfold.
These are just my opinions and I hope that you treat them as such.
Success is at hand.
Dr.D
----------------------------------------------------------------------------
33 reasons...
correct & after the sec deal took >>> 10 days expect at
least that long w/the clock ticking after the sec deal was over and
not knowing the details of that situation I expect no sooner than
late next week maybe mid following that week but who knows? i am
trying to take advantage of the low price for extended period of
time and accumulate during this period...been here for 2 years can
wait some more...look back at the beginning of the year and ask
yourself what has changed...
1. JV's enetered into
2. Extensive survey completed w/hundreds of targets(filtered)
3. Uranium
4. ESPN & racing exposure via National TV
5. Shareholder base building...huge!
6. USCA Dividends
7. 3/1 USCA Dividends
8. GEMM Dividends
9. Millions of dollars for further exploration
10. Company aquires 200 BILLION shares of SGGM (why)!
11. CIM dividend
12. Party w/news but maybe holding off for moment
13. SEC clears USCA for trading(approval stamp)?
14. CMKX volume huge no halt
15. CMKX runs to .0012 within days
16. Roger Glenn comes on board (HUGE)!
17. South America Gold production announced w/JV
18. Roger Glenn announces working to become fully reporting
19. Zinc find looming?
20. Other minerals to follow
21. DeBeers & partners find huge diamonds nearby
22. Discovery Channell shows the promise of diamonds/Sask
23. Oreo size pipe or pipes referred as?
24. Carolyn pipe sampled w/results still to follow
25. More rigs purchased
26. Further drilling at new site/sites ongoing 24/7 ??
27. Additional crews to follow?
28. Bashers coming out of woodwork to save us from .0002
29. New IR person...way to go Oaks
30. another day passes and drills are still drilling
31. o/s and float are held tight as aces in the hole
32. HOLDING 1.9 MILLION ACRES m/l
33. One uptick = 50% gain from this level.
If I missed anything I wouldn't be suprised...lol
If you looked at this as an investment instead of a quick play you
might say WOW , has any other mining co. moved so fast in a one year
period or hold so much potential !!!!$$$$ You can bet many players
are watching...IMHO
HOLD TIGHT--IT WILL PAYOFF!!!
=========================================================================
And this...
There is MUCH debate as to whether this ratio is
1) for the SECOND GEMM distribution which was previously announced
to be distributed on 30 Nov 04'
- OR -
2) a REVISION of the FIRST DISTRIBUTION ratio with a DELAYED
distribution date (due to the fact that some allege that the
Traansfer Agent is supposed to have said that they have NOT yet sent
out the dividend shares - further meaning that the designations for
RESTRICTED GEMM shares in the accounts of CMKX holders are merely
electronic markers -
here is the thread at Cunuck's started by George Burns:
*CRAPCON : 1*
I am going to try to sum up what is all running through my head
right now of what MIGHT be happening.
*
Melvin. lol. He has been right about a lot of things. If you don't
believe me... run through the post history on this board an look at
some of the things Melvin has said that came out to be true. This
post is not really about Melvin... please don't respond to that part.
*
I THINK the lack of news and progress is because of the Saskatchewan
halt. (partially caused by melvin... I think this wasn't thought to
be a problem by the company as we are pinksheet in the US... and
exempt from regulation FD. I don't think the company had thought
about the possibility of this happening in SASK)
ORDER
"1. Pursuant to clause 134(1)(d) of the Act that trading in all
securities by and of
The Respondents cease forthwith up to and including November 9,
2004; and
2. Pursuant to clause 134(1)(a) of the Act, that the exemptions
contained in sections 38, 39,
39.1, 81, 82 and 102 of the Act and the exemptions contained in The
Securities
Regulations, R.R.S., c. S-42.2 Reg 1, which provide for exemptions
from the
requirements of sections 27, 58, 71 or 104 to 109 of the Act, shall
not apply forthwith up
to and including November 9, 2004, with respect to any trade in
securities by the
Respondents."
I THINK that something in Saskatchewan requiring a transfer of CMKM
shares to some other companies is required for completion of
the "secret master plan." lol I said it... secret master plan. I
think CMKM calls it, "Integrated Business Plan."
*
With USCA... what happened?
We gave them stock via Nevada Minerals. 75 million for 60% of claims.
Urban and the family bought 3 million shares from USCA.
USCA used the funds to exercise the option with CMKM.
USCA gave CMKM 7.5 million shares for the initial purchase of CMKM
claims.
Sums up to... CMKM acquiring Majority interest in USCA via private
placement and stock exchange.
When the Saskatchewan halt of trading is over...
I THINK... CMKM will gain controlling (or some) interest of Shane
Resources, Consolidate Pine Channel, and United Carina via private
placement and stock exchange. A stock exchange which can not occur
at this time because of the Saskatchewan order. The private
placement has already occured.
04 NOV 04 United Carina flow-through, non-flow-through financing
Cons Pine closes $200,000 private placement
10 NOV 04 Cons Pine closes $200,000 private placement
04 NOV 04 Cons Pine Channel flow-through, NFT private placement http://www.sedar.com/csfsprod/data49/filings/00690510/00000001/u%3A%
5CNRshane.pdf
I THINK there are other companies that will be in a similar
situation with CMKM in the near future. I will not disclose their
names at this time. (The above companies I can't buy. The other
companies I can, so I won't disclose until after I purchase. (I made
that mistake before)) Of ... course.... this is all just stuff in my
head. These are my nutty thoughts and are complete crap until proven
otherwise. I KNOW NOTHING.
You can look at the PRs for more information.
1/7/2003 CMKM PR:
"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."
"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
(Where do these guys work now?)
1/8/2003 CMKM PR
"After acquiring Juina Mining Corporation, it became clear to all of
us at CMKI that these gentlemen were first team. I look forward to
working with them on all of our current mining projects and
acquisitions in the future."
(AFTER?) lol
*
The current share structure sucks or I THINK it does.
Way too many shares. Reverse split... I don't THINK so.
Share buyback and retirement... I think yes. Retiring shares from
the current O/S. Buying back shares from the current float.
The dividends we have seen on the otcbb website have been correct
and will be correct. CIM was given pro-rata in the sense that it is
half now and half later. They could not have given the full amount
as the DTC would have rejected it and given it back to the company.
20 billion now... 20 billion later. Anybody that has said that they
are giving CIM to the naked shorts is crazy. Including myself, who
thought that in the past. They give dividends based on the books.
Naked shorts are not in the books.
The dividend record dates and distribution rates make it looks as
follows for the O/S:
08/20/2004 782,710,706,860
08/31/2004 781,250,000,000
10/01/2004 778,527,977,501
This includes the round up shares for UCAD and the pro rata dividend
of CIM.
Slowly reducing the O/S in size. I think this was a slight
indication as to what has been happening since the last dividend
record date that we know the ratio for that we know was real.
Remember... The first GEMM has not been distributed. The second GEMM
hasn't either. Second GEMM or Second CIM are going to be slammers I
THINK. Go to www.investopedia.com and read about issued and
outstanding. When can the issued and outstanding differ?
*
Why would CMKM not go ahead and file? When they file... EVERYTHING
has to be in that filing... not just the O/S. Things aren't that
simple. The filing is going to be awesome, I THINK.
I THINK the filing will show...
HUGE share buyback and retirement.
MANY acquisitions.
Profits.
*
I was originally in this play for the short squeeze. I have since
started looking at the mining aspects and values of them. I am
longer now than before. I THINK the short squeeze is going to
happen, no sweat. Now I am switching my DD mode from short squeeze
to mining and acquisitions.
*
I THINK Crystalix will be the physical retail front for Casavant
Diamonds. (possibly the folks use the laser to put the serial number
in the diamonds too, so the world knows they are from Canada.)
I THINK (XXXXXXXXXX) will be the internet retail front for Casavant
Diamonds.
*
I am a craptoligist.
-burns
----------------------------------------------------------------
burns said: {"The first GEMM has not been distributed."}
How can that be? Me and several others already did get a GEMM
dividend according to the published rates. Up till this moment they
are in my account. Strange?
-------------------------------------------------------------------
According to what george wrote and the company has PR'd The buyback
has been going on for over a year. So this would mean that the 778
billion current O/S of 10/1/04 contains what is left of Company real
shares and the MM's NSS and there are probably a lot more NSS in
that number than Company shares.
Jim
(JMO)
and that probably makes Melvin correct when he said "we're shorted
out the begeeeeeeeesus."
-------------------------------------------------------------------
by Fire_Hawk:
I like everthing your saying george, but what makes little sense to
me is the following;
If a major (or significant) share buyback & retirement is going on,
the MMs should notice a significant buying pressure and if they
truly are worried, the PPS would slowly give way. In the past month
we have been stuck at .0002.
Are you suggesting that either:
1) MMs are clearly retarded and continue to sell their long shares
at these levels regardless of the large buying pressure
or
2) MMs continue shorting us, despite the buying pressure.
This doesnt seem to add up, the MMs arent stupid.
Your thoughts on this.
-------------------------------------------------------------------
by burns:
It didn't make since to me .... until...
Wrote that a while back so some of my views have probably changed...
but it shows how a float buy back could happen while keeping the PPS
down.
--------------------------------------------------------------------
to a reply pointing out the first GEMM Div is ALREADY distributed,
burns says that the FIRST GEMM DIV has NOT been distirbuted
{"But it hasn't. (per the otcbb and the transfer agent)"}
I am saying... your borker doesn't have certificates for GEMM
because they were never sent by the transfer agent to the DTC. The
company changed the distribution date.
http://www.otcbb.com/asp/dividend.asp?sym_id=cmkx
the top blue box is the new dividend information for the FIRST GEMM
dividend.
The second box is the old information for the FIRST GEMM dividend.
There is no information for the SECOND GEMM dividend.
-------------------------------------------------------------------
GB: Thanks for the quick and to-the-point answer. As I interpret
what the OTCBB and Transfer Agent have been saying, the SECOND divi
of GEMM hasn't been paid yet. Assuming for the sake of analysis that
I'm right, does it change your opinion as to what is transpiring? I
don't think it does, but I would be interested in hearing what you
think. Thanks in advance.
------------------------------------------------------------------
by burns: No it doesn't change what I think is transpiring.
NEITHER GEMM Dividends have been distributed yet.
---------------------------------------------------------------------
see thread for more replies continuing the discussion & debate
===================================================================
[quote author=georgeburns
link=board=general&num=1100854102&start=7#0 date=1100856518]
I think the share buyback from the float has been going on for a
while and since 10/1/04. Retirement can be done in one day.
[/quote]
BINGO!!, YOUR BRIANIAC-NE$$ !!
suppose that CMKX becomes fully reporting and puts out news sometime
between the close on Thursday 25 Nov and the open of Tuesday 30 Nov
2004 which discloses the OS
Now, suppose that Dr Diamond has been speculating CORRECTLY that the
true CMKX OS is somewhere around 200 Billion - He had been saying
186 Billion to be precise, before the USCA halt before the Vegas
Party.
What does that mean?
That means that all the dividends distributed to date are only 25%
of those yet to be distributed - for each stock: USCA + "CIM" +
GEMM - if I understand Dr D correctly.
That would mean that we would need to multiply our current dividend
share holdings by 4 to arrive at a correct number for the
distributions ALREADY ANNOUNCED in PREVIOUS PRESS RELEASES.
The above would be IN ADDITION to the PPs of CMKX probably ZOOOMING
somewhere close to the $0.0025 number some (like Sterling & our own
Burnsie here) have derived from the USCA 10QSB released 16 Nov 04.
From $0.0002 a CMKX move to $0.0025 = a Gain of 1150%
PLUS 3x OUR current DIVIDEND SHARES IN ADDITION TO THOSE ALREADY
DISTRIBUTED.
--------------------------------------------------------------------------
And this...
MESSAGE TO ALL
MARKET MANIPULATION...A HUMAN ACTIVITY OF ALL AGES
This is a post I expected to never compose. By this date, I felt
certain, the great and historic price rise would already be
underway. Every where I surf, the question pops up...is this pup
ever going to rise? I find human psychology fascinating along with
history. The 2 are connected and the connection will never break.
Do you know why history repeats itself? Historical events repeat
because human behavior continues to bring about the same type of
events, century after century, generation after generation...mistake
after mistake. Why? Each generation fails to heed the lessons of the
prior generation and as the saying goes, fail to learn from the past
and you are condemned to repeat the past mistakes. And the stock
market is not immune to this tragedy.
CMKXers are in this manipulated security and sort of feel that this
criminal activity is sort of unique to the 21st century. We need to
face the reality that our present state is just another instance of
market manipulation, and once recognized as such, perhaps we can
learn from the past.
I will extensively quote from How To Make The Stock Market Make
Money For You by Ted Warren. Ted Warren learned from hard knocks
being that he was not blessed with a formal education in investments
such as at Wharton or Harvard. "My education and understanding of
market manipulation and the psychology of the public came from the
many years of speculating in commodities. During this struggle to
success, using charts from which I formed my opinions in initiating
a trade, my worst enemy was my emotions. When mine and my wife's
hard earned money was involved, fear became my master. Too often
fear caused me to take losses because I feared having to take larger
ones. Fear can come under different disguises and the masters of
manipulation are experts at instilling fears." These words he wrote
back in 1965 about his experiences before the 1930 market crash. He
experienced market situations have common features with CMKX. So
listen to his words and learn from a man who eventually made
millions adjusted for inflation.
"What I had not learned was that the public will sell at any price
when they are scared or when they are pressed by margin calls, or
for many normal reasons when they are in dire need for cash." This
week we have good reason to believe that CMKX shareholders dumped
their shares the day UCAD opened after the halt. If they were aware
of the following they could have learned from a real pro who
invested in stocks before the 1930s and up to 1966. Listen and learn
and do not repeat the mistakes of investors in the 30s, 40s, 50s,
and 60s!
"A base is formed during a period of accumulation. This is when the
insiders and others in the know are buying the stock at bargain
prices. Sound bases are easily seen when the prices of stocks have
been extremely quiet in a low range for a period of at least three
years." Ted never invested in pennies, and we know that the time
line for a penny is abbreviated. "A stock is never a bargain unless
it is in a range where it is changing from weak hands to strong
hands, changing to those who KNOW what they are doing, and why."
"But few people realize that a quiet base of many years is the
foundation for a high rise, not for a mere rally. These foundations
and their built-in strength is derived from inducing the public to
sell out. The higher percentage that are sold out, the sounder the
base." What does a base look like on a chart?:
x x
x x
x x
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
The xs represent prices, prices declining into a base and the
eventual breakout. During the base, investors ask,"Will this pup
ever rise?" You are falling prey to: "When a stock appears unable to
rise above an apparent resistance level, this is almost positive
proof that it eventually will because this action induces public
selling." I have been preaching to people that they ought to be glad
the price is lagging down at this .0002 level because it bestows
upon them the privilege of buying bargain shares. Three weeks ago I
snapped up another 6 million shares and plan on buying another 4-6
million in the next 7 days. How can I be so confident? Due Diligence
and the knowledge you are gaining in this treatise on market
manipulation.
"During these long quiet periods the manipulators are quietly buying
while the public are selling their stock from fear that they will go
lower, or in disgust-at a loss. These bases have been forming
periodically over the years, but few people recognize them as such.
Note that the bases of Powdrell and Alexander ending in 1954 are
almost identical in action and period of time involved. PDR
developed a fourteen month resistance level that as usual proved to
be false. These two charts should convince you that very often stock
price actions are only history repeating itself. A base similar to
these and others that are pictured as strong bases will be just as
sound and reliable fifty years from in other stocks as they were in
the past." He is speaking to us, CMKXers in 2004.
"To be a successful investor you must learn to recognize what kind
of action is discouraging and then form a contrary opinion. You must
learn to ward off the pessimistic sentiment that is bound to rub off
on you. A milestone in yuour life will be the time when you have
learned to immunize yourself against the influence of market actions
and are able to think in terms that are opposite to the general
public." In several posts I pointed out to people to stop focusing
on the price and focus on the progress or lack thereof. Why? Because
shorty is a pro at whipping up your emotions and manipulating you
into selling through dropping the price and bashers.
"There is no better proof that a stock will go up, than when it acts
as if it can't. To the average market addict my explanations seem
contrary to popular opinion. After giving my version of why certain
long range actions(bases)give the stock technical strength, he will
invariably ask, What makes you think the stock will go up? He looks
at quiet bottom actions with suspicion. He looks for a fundamental
reason for it being so low. Is the company's business dropping off?
Maybe they are going to cut their dividend?" I got a kick out of
cutting the dividend! Maybe that is why CMKX isn't rising?!!!
The above chart pattern is also called a saucer bottom due to its
resemblance to a saucer. You naturally should ask me, "What proof do
you have that CMKX is under accumulation which occurs during this
basing period?" There is a web site which clearly shows CMKX is
indeed under accumulation. Perhaps someone can post that for me. And
question number 2, "How do we know the smart money is buying during
this accumulation period?" Just tonight someone posted the
institutions currently having positions in CMKX. In October and
November, the number leaped to 7 or 8. The word is getting out about
CMKX, and the real professionals are conducting their own DD, and
are demonstrating that posters like myself, Bill, Sterling, etc must
be on the right track with our confidence. These money managers are
true professionals, on the level of Dr. Diamond, and they know how
to dig up facts that 99.99% of investors lack the ability.
The bashers continue to spout their outrageous comments, and more of
you like amateurs are, out of emotional distress, are selling.
Whenever you have doubts just focus on the facts that evidently, the
professional money managers rate as pivotal:
1. 1.9 million acres.
2. Our JV partners.
3. Glen and Co.
4. The gold mine in Ecuador which is now in production.
5. The Brazilian diamond concession which has already experienced
extensive drilling by Debeers, proving about 4 billion dollars in
diamonds.
6. The bargain basement price.
7. A short position which imo is absolutely proven to exist.
8.etc.
Do not repeat the mistakes of prior investors who were shaken out of
the above 2 stock examples just prior to their impressive breakouts
and subsequent rises. This time, become part of the smart money who
knows about saucer bottoms, market manipulators, and most
importantly conducts extensive due diligence.
========================================================================
And this,hell I'm king of the reposters tonight...
How long will CMKX continue to trade at the artificially suppressed
price we currently sit at? To be perfectly honest, I don't see
things changing anytime soon. Until Urban and Roger have moved
beyond the regulatory phase and into the valuation phase, I don't
believe it is in our best interests for the company to release any
information of impact. It would be too easy for the manipulators to
push CMKX back down to the cellar.
Using Urban's business model as an outline, I have separated CMKX's
key events into a series of ongoing phases. Doing so has made it
easier for me to see the following:
a) The Big Picture.
b) The importance of each phase.
c) That each phase builds upon the preceding one.
d) That each phase MUST be taken in order.
e) The tremendous progress to date.
f) The need for continued patience.
In my opinion, the coming chapters of the CMKX saga will be much
more exciting and profitable than the current one. Thus, it is
critical that we allow events to unfold in their natural order and
we should not attempt to accelerate the pace at which things unfold.
Furthermore, I believe most of us long ago decided that CMKX was not
a scam and it's important that we now recommit ourselves to staying
the course. Personally, I am willing to give the company additional
time to accomplish our common goals because I can actually see the
progress that has been made. Review the following list to get a
rough idea of where we've been, where we are and where we're going.
So, what phase are we in?
I... ACCUMULATION PHASE
The goal of this phase should be to implement a long term
acquisition strategy to package for sale, or jointly mine parcels of
pre-tested mineral rights.
Steps:
1) Acquire mineral rights in world class locales (FALC, Althabasca,
Portavello).
2) Use state of the art technology to map the holdings.
3) Attract partners & form equity stake partnerships.
4) Enter into joint ventures with appropriate partners.
II.. REGULATORY PHASE
The goal of this phase should be to complete the paperwork required
by the SEC and become fully reporting with audited financials. A
secondary goal would be to make the SEC aware of the NSS situation
and place the onus squarely on the regulators shoulders. In other
words, ignorance by the SEC is no longer an excuse.
Steps:
1) Focus on the balance sheet.
2) Audit share structure.
3) Prepare & audit financial statements.
4) File papers to become fully reporting.
5) Make regulators aware of the NSS situation.
6) Elect a board of directors filled with credible individuals who
are beyond reproach.
7) Handle any misc. regulatory issues (i.e., SASKATCHEWAN)
lll...VALUATION PHASE
The primary goal of this phase should be to provide enough
information to allow the market to make a fair and accurate
valuation of the company's assets.
Steps:
1) Focus on the income statement.
2) Issue results of drilling.
3) Release results of joint exploration ventures (FALC, Althabasca)
4) Present results of ongoing mining operations (American Mine in
Ecuador).
5) Accelerate the drilling and exploration programs.
6) Update valuation models created by renowned geologists Mark
Huchison.
IV...TRADING PHASE
The goal of this phase should be to maintain an orderly market in
the trading of CMKX shares which will result in a steady upward
climb for the share price.
Steps:
1) Move to another exchange beyond the manipulators reach.
2) Release a steady stream of pent up press releases.
3) Keep current on audited financial statements and regulatory
filings.
4) Bring in outside appraisers to update the company's holdings
(TACY?).
V...CORPORATE MISSION
Steps:
1) Bring economies of scale to the corporate structure.
2) Apply synergy to the corporate entity.
3) Use the power of roll-ups.
4) Introduce efficiency to the operating process (add new
technology).
In closing, I know many will criticize the blind and unconditional
faith I have placed in Urban, however, I am convinced that I have no
other choice than to back the decision my research has led me to.
I'm not saying that I am right, I'm only saying that if Urban is
being honest and "CMKX has the goods", all will be very well.
Good Luck and it's all speculation
[This message has been edited by highwaychild (edited November 20, 2004).]
[This message has been edited by legaleagle (edited November 20, 2004).]
quote:
Originally posted by legaleagle:
Is that the longest post ever??? My index finger went numb scrolling.[This message has been edited by legaleagle (edited November 20, 2004).]
quote:
Originally posted by ed19363:
Would have been easier to just post where to find it.
Some info was sent in my Email.Not giving you my password now ED.LOL
Alot of info I thought people might want to read.Long time till monday.Plenty of time for scrolling.
Sorry about the finger Legal.LOL
I found this interesting...
http://tinyurl.com/7yrmd
[This message has been edited by highwaychild (edited November 20, 2004).]
quote:
Originally posted by highwaychild:
Some info was sent in my Email.Not giving you my password now ED.LOL
Alot of info I thought people might want to read.Long time till monday.Plenty of time for scrolling.
Sorry about the finger Legal.LOLI found this interesting...
<A HREF="http://tinyurl.com/7yrmd" TARGET=_blank>http://tinyurl.com/7yrmd[/URL]</A>[This message has been edited by highwaychild (edited November 20, 2004).]
No problem highwaychild, just having a little fun. Actually there was some good reading in there.
[This message has been edited by legaleagle (edited November 20, 2004).]
[This message has been edited by legaleagle (edited November 20, 2004).]
From CBS Marketwatch... http://tinyurl.com/4pe4n
member is offline
Gender:
Posts: 730
Where I think we are now
« Thread started on: Nov 19th, 2004, 9:51pm »
--------------------------------------------------------------------------------
HI everyone. It has been a while since I have posted a thread. We have been waiting for information to come out like everyone else has been. The USCA fiasco brought about by the shorts has sort of kept everyone on edge, but as most already know Roger Glenn has everything under control. IMO.
CMKX is still the main focus of my attention although one cannot very easily overlook the direct relationship between USCA and CMKX. We have recently seen that Urban and family bought in to USCA and that generated the capital for USCA/UCAD to purchase some of the options on CMKX. The relationship is close to say the least. It is still unclear to all of us, just how close of a relationship there is between the two, but when USCA was halted CMKX became closed mouthed as well. Too, we understand that the halt on USCA was joined by accusations and a halt on CMKX in Saskatchewan by regulating authorities in that province. This is a little more than coincidental in my opinion.
I would like to bring everyone back for a moment to Oct 6, 2004 when the UCAD share dividend distribution from CMKX began being distributed. It was chaotic and still is today well over a month later. Why? Because the UCAD shares delivered to the brokerage firms were nowhere near enough to cover the CMKX shareholders that had UCAD dividends coming because of the naked short position that the manipulators have. The UCAD shares needed by the manipulators to cover with are restricted and have to come through the company (UCAD/USCA). If they approach the company then the admission of the naked short position on CMKX is all but public so the manipulators are in a catch 22, IMO. (Danged if you do and danged if you don’t). Therefore the marker shares are still in place and the brokerage firms are betting that we will not ask for our UCAD shares in certificate forms and they can continue to float the marker shares until the restrictions are to be lifted and they can cover in the market place and no one is the wiser. Then they can charge us for lifting restrictions on shares that never had restrictions in the first place and make money coming and going. JMHO.
Soon following the UCAD distribution to CMKXers (25 Oct 2004 I believe), a 3:1 forward split by UCAD is issued. Normally there would be no problem, yet 3 weeks later many still have not received the 3:1 forward and brokerage firms are asking clients if they can delete the entries and stating the UCAD/USCA shares are worthless. Why? Same as above yet multiplied 3 times over now. Add to the shortage of UCAD/USCA shares to cover the CMKX dividend and the 3:1 forward split the fact that UCAD/USCA was being shorted by NAAB Investment Group and others at pre-split prices and many around the pre-split $3 to $4 range. So as the stock began to rise they shorted all the more waiting for the fall to come and it didn’t. It kept rising to $18.50. Oh My! We have a double shortage in play by combining the legitimate short positions on UCAD/USCA that are in trouble with the UCAD dividend to NSS CMKXers shortage that is very huge in my opinion.
MM’s are having brokers contact their clients (i.e. us) to see if they will sell their CMKX or USCA positions at market price to the market makers. Why? Market makers that are short on USCA/UCAD or naked short on CMKX are contacting brokers and recruiting them to contact clients to see if the client will sell their CMKX or USCA/UCAD positions to the MM’s out of the market place at market prices so as to not be noticeably seen in a short or NSS position by those looking on, IMO. One of the MM’s mentioned as reportedly doing this was NITE.
Casavant International Mining share dividend is distributed to CMKXers and another chaotic event takes place and one we are still not sure of exactly what is taking place. Why? Same as the USCA/UCAD situation with the exception being there is no market for Casavant International Mining at this time and cannot be legitimately shorted or naked shorted in any way shape size or fashion. The company (CIM) has to be approached to obtain these shares and CIM is a wholly owned subsidiary of CMKX and Urban is the one the MM’s will have to communicate with to get the shares they need. My estimate would be they need about 40 to 80 billion shares or more to cover the CIM share dividend to the CMKXers because of the NSS position.
We are all getting different stories from our brokerage firms and many of the shareholders that have the same brokers are getting differing stories. Are the brokerage firms ignorant, incompetent, confused, or what? And Why? Possibly all of the above. I am very disappointed in the responses we have been receiving from the brokerage firms over these dividend situations. It is sad to think that most every brokerage firm involved has displayed these lacking qualities. IMO the brokerage firms are having to scramble for themselves because they cannot get the MM’s to cooperate with them either and nerves are on end. The ones in the company that know what is going on isn’t telling the ones answering the questions the truth about what is going on because they would all probably lose their jobs, be fined, and go to jail. I believe the sharks are beginning to circle and turn on themselves to some degree. Someone is being left holding the bag here and they are not planning on going down alone. IMO.
Immediately following the 3:1 forward on UCAD and approximately 2 days prior to the long awaited Vegas Party a halt is issued by the SEC based upon claims and/or complaints from UCAD/USCA shareholders about the company? Why? Are we too believe that the shareholders are upset because they are making too much money? Or they didn’t want a 3:1 forward split on the security? Maybe they disliked the PPs rise from $2.50 to $18.50 in a few weeks time? What is going on? It is sad to think that “SHORTY” could manipulate the SEC into bringing a halt against UCAD/USCA, but in my opinion that is exactly what happened, because I refuse to believe that the SEC is in on the short position against CMKX and UCAD/USCA. The August 10QSB reported by UCAD really provided no information that would support the actions they took such as purchasing in on CMKM Diamonds mineral rights, processing plants in Ecuador, etc… This was not enough to bring a halt itself, but I believe that “SHORTY” (possibly NAAB posing as legitimate share holders) blew the whistle to some SEC watchdog organizations and embellished the claims against UCAD and bashed UCAD as being a pump and dump, fraudulent, rip off, no mineral rights/claims, over stating their assets/holdings, etc… and as an added bonus tacked on the accusation that more fraudulent claims were going to be made at a shareholder party in Vegas in just a few days that could push the PPS up even higher. SEC steps in and brings the halt. This served SHORTY in at least two ways IMO. One = USCA/UCAD just got a black eye and the company would automatically be delisted to the pinks and the gray market if they could satisfy the SEC’s questions. This gave SHORTY 10 days to reorganize and get help. Also it would automatically drop the PPS of USCA/UCAD down and stop the momentum so that SHORTY could begin covering and shorting the security trying to drive it lower and lower.
TWO = It would take Roger Glenn’s attentions away from assisting CMKX in becoming fully reporting, which is the big fear for SHORTY. It was a double whammy. With cooperation from their cohorts in Saskatchewan, SHORTY managed to halt USCA/UCAD stopping their momentum and pull Roger Glenn off of CMKX’s focused fully reporting push tying both companies up for more than 3 weeks already. Is CMKX that close that SHORTY would drop to these extremes? Next question!
Urban in the Webcast in mid October with Green Baron was confident that he would be able to give an approximate fully reporting and/or filing date for CMKX by the end of October? Why? Because he knew where the auditors, accountants, and attorneys were with the filing. It was well within his opinion that by the end of October he would be able to share that information with us. The announcement on the webcast by Urban sent SHORTY into a panic and very possibly provoked the attack on both companies. Of course it wasn’t Urban’s fault, but I believe this shows us how close SHORTY has and is watching what is going on. The timing of the Webcast, the UCAD/USCA halt, the Saskatchewan CMKX halt, and the accusations against Urban, Melvin and Dave are simply to coincidental. If I am correct the news released in the webcast shook shorty.
The good news is that Urban still has that information and if the announcement could have been made by the end of October as to a filing or probable reporting date, then here we are 3 weeks or more later and I believe the information is more than complete and ready to be announced at the first opportunity. JMHO!
Rendal Williams was confident and PRed just prior to the Vegas party that exciting news would be coming out for USCA in the next few days (end of October). Why? Obviously because he knew they had exciting news that would be released in the next few days. This too spooked SHORTY and helped move them into action, but the good news is that the news that Rendal Williams had to release that was so exciting, he still has and can release it at the next opportune time and that time is very close at hand IMO. Some speculate that it has to do with the Sarbanes Oxley Advisory Board and it very well could be, but the truth is that none of us know for sure, but we will soon and SHORTY is still going to be in trouble. Possibly even more trouble than before seeing that SHORTY has more than likely pissed off the very ones that could have helped them out of their dilemma. JMHO.
USCA answered the SEC questions from the halt and the company began trading again on 11 Nov 2004, the day immediately following the halt termination. Why? This should be a great confidence builder for all in USCA/UCAD and CMKX especially after reading the Nov 10QSB. Roger Glenn and company flat out pulled off an incredible job and everyone should send a fax or email of support and thanks for the accomplishment. This is and could be qualified as phenomenal in my book knowing that this can oftentimes takes many months and sometimes years. Thank you Roger, Rendal, Ed Dhonau, Urban, and all others involved with the companies! SALUTE! Too, I believe it is needed to note that the recent 10Q was only through Sep 30, 2004 and more recent info was needed IMO to settle the questions of the SEC and by all appearances USCA/UCAD came through with flying colors. This means there are good things to come in the very near future for USCA/UCAD and us as shareholders. Yes we are still waiting for the 15C2-11 and the move back to the OTCBB or beyond, but we will take what we have now and be very grateful. Plus I believe the 15C2-11 is probably complete and may already be filed as I believe this is very important to the company and I would think any number of MM’s would be ready to file it for them.
Since the CMKX halt on trading in Saskatchewan the volume and accuracy of trades in the market for CMKX has leveled off and are reasonable for a change.
I know this has been long and I thank you for reading. These are just my opinions and I hope you treat them as such. I believe success is at hand. Don’t be fooled by SHORTy or any of their henchmen/henchwomen. SHORTY has had their turn and they failed, now our turn is coming and I believe we can all agree that we hope SHORTY gets what is coming to them with both barrels (CMKX and USCA/UCAD).
Dr.D
http://cmkxdiamond.********s32.com/index.cgi?board=general&action=display&num=1100922661
quote:
Originally posted by legaleagle:
DrDiamond
Global Moderatormember is offline
Gender:
Posts: 730
Where I think we are now
« Thread started on: Nov 19th, 2004, 9:51pm »
i hadn't seen this, new info?
« Thread started on: Today at 12:38pm »
--------------------------------------------------------------------------------
on Today at 12:36pm, junkyard71 wrote aragraph on map @:
http://www casavantmining com/SaskAreaMappdf pdf
the company now has over 1,000,000(one million) acres claimed in saskatchewan which include forte s la corne claims and green lake claims. cmkm diamonds inc. recently initiated a drill program with the confirmed results of one of the thickest kimberlite bodies found to date in the fort a la corne area. Initial geological reports indicate a high probability of locating diamonds on this land as the kimberlite pipes (the material in which diamonds are generally found) are in abundance on a number of the claims in the area. reports show that these kimberlite pipes are approximately twenty times larger than normally found. additional targets are scheduled for diamond core sampling for the rest of 2004/2005. while continuing to focus on forte a la corne. cmkx diamonds inc. is remaining proactive in expanding their asset base through target aquisition elsewhere in canada and around the world.
sounds good to me!
junk
http://cmkxdiamond ********s32 com/index cgi?board=general&action=display&num=1100975928
_________________
"Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father (God), but by me" (John 14:6). http://tinyurl com/24h3d
I'm going to go on all of these boards and register under the name of "Kimberlite" and pump the living snot out of this stock. After making a name for myself maybe I'll start up a "Kimberlites Klassroom" just like Sterlings. Next comes a newsletter, "Kimberlites Kanadian Kash Kows" to tout CMKX. I could even have a little section of it just for Urban, "Kasavants Korner".
Sooner or later they'd notice and start throwing freebies my way for all of my efforts. Like I've said before, one way or the other I will profit from this train wreck of a stock.
quote:
Originally posted by Upside:
You know who's making money off of this stock? Guys like Sterling who has admitted to being the recipient of millions of shares for his "hard work". ElCamino of Paltalk fame who has now started his own "newsletter" called Zoomingstocks which is there strictly for CMKX. Dr. D is probably getting paid for his efforts too.I'm going to go on all of these boards and register under the name of "Kimberlite" and pump the living snot out of this stock. After making a name for myself maybe I'll start up a "Kimberlites Klassroom" just like Sterlings. Next comes a newsletter, "Kimberlites Kanadian Kash Kows" to tout CMKX. I could even have a little section of it just for Urban, "Kasavants Korner".
Sooner or later they'd notice and start throwing freebies my way for all of my efforts. Like I've said before, one way or the other I will profit from this train wreck of a stock.
****************************************** ****************************************
Current:
CMKM Diamonds
* Pink Sheets Company
* Non-Reporting
* Joint Venture Partnerships with:
United Carina (UCA.V), Shane Resources, Consolidated Pine Channel Gold (KPG.V),
United States Canadian Minerals (UCAD), Minera Nevada S.A., etc…
* Wholly owned subsidiaries or Obvious links with Casavant International Mining (CIM),
Juina Mining (GEMM), St. George Metals (SGGM), Nevada Minerals, CMKXtreme, American Mine, Minera Nevada S.A., UCAD, etc…
* Management Team and Associates include: Urban Casavant, Ron Casavant, Roger Glenn, Ed Dhonau, Rendall Williams, John Woodward, Rick Kusmirski, Rick Walker,
Ralph Newsome, Dr. Mark Hutchinson, etc…
* Mineral right acreage and such:1.9 Million Acres of Mineral rights in Saskatchewan; hundreds of magnetic and non magnetic anomalies showing minerals; known
Diamondiferous Kimberlite Pipe; Uranium mine in the Athabasca Basin; and one revenue producing gold mine; 10% lifetime royalties in CIM and Green Lake Project; 200 Billion shares of SGGM
* 800 billion A/S with no known share structure indicating legit O/S and float with a highly probable NSS position equal to or more than the entire O/S
* A shareholder base of over 42,000 investors
* Currently 3 share dividends in place: UCAD 9.6 shares/million (+ 3:1 forward split record date of 25 Oct 2004); CIM (25,600 shares/million); GEMM (Possibly 2 distributions: one as of record date Oct 1, 2004 at 122.67 per million on Nov 15, 2004 and the second one as of record date Oct 29, 2004 at per million on Nov 30, 2004
http://analist.be/component/option,com_simpleboard/Itemid,48/func,view/id,706/catid,6/[/ URL]
Barrick says it had no contact whatsoever with the president at the time of the rules change.[1] There was always a place in Barrick’s heart for the older Bush—and a place on its payroll. In 1995, Barrick hired the former president as Honorary Senior Advisor to the Toronto company’s International Advisory Board. Bush joined at the suggestion of former Canadian prime minister Brian Mulroney, who, like Bush, had been ignominiously booted from office. I was a bit surprised that the president had signed on. When Bush was voted out of the White House, he vowed never to lobby or join a corporate board. The chairman of Barrick openly boasts that granting the title “Senior Advisor” was a sly maneuver to help Bush tiptoe around this promise.
[URL=http://www.gregpalast.com/detail.cfm?artid=207&row=4]http://www.gregpalast.com/detail.cfm?artid=207&row=4
[This message has been edited by legaleagle (edited November 21, 2004).]
[This message has been edited by legaleagle (edited November 21, 2004).]
[This message has been edited by Binky (edited December 16, 2004).]
quote:
Originally posted by ed19363:
Too many IMOs and JMHOs to make this believable. This clown doesnt know any more than we do.
Come on, CMKX, release some news. Put all these ridiculous speculations to rest. Tell your shareholders what is going on, and in the process, shut up all the pumpers and bashers. Dr.D. Sterling, and the bunch have held these boards hostage long enough. Time for some REAL news.
ED
Here's all the real news and PR you are going to hear from CMKX from here on.... all NHRA news. This particular one cracks me up... Don Schumacher is a severely wealthy man who OWNS many cars, not just a sponsor, I find the comparison absurd.
Wonder what they paid the schmuck at ESPN to write that trash.
http://sports.espn.go.com/rpm/news/story?id=1919468
[This message has been edited by highwaychild (edited November 21, 2004).]
I'd say anybody writing for ESPN probably isn't worried about getting paid Lanebro.
---
Bill, congrats.Hope you get a .0001 this week for every game you won today.It'd be a good start anyway.
[This message has been edited by highwaychild (edited November 21, 2004).]
quote:
well i hit my parley card for 5 teams today & if i had guts it would have been 7. maybe i can get lucky with cmkx this week...lol. if only cmkx was as easy as a 5 game parley card.
Make a real bet Bill. Take your parley winnings and buy CMKX.
quote:
Cohen will be riding a new state-of-the-art Suzuki GSXR 1000.
"Thanks to Urban and Ron Casavant and the support of CMKXtreme Racing, we've had a chance to get a taste of what it takes to run the full tour this season," Cohen said.
Wait a minute, didn't she forget someone? How about the 40,000+ shareholders who paid the bill? A little gratitude would be appreciated here Ms. Cohen.
quote:
Originally posted by Upside:
Time to bury her eh? Dang, I'm gonna miss the old girl.
Me too!
[This message has been edited by highwaychild (edited November 23, 2004).]
quote:
Originally posted by ed19363:
Anybody notice that the prices of ALL the stocks involved with CMKX are dropping like a ton of bricks??
Ed
24
<PAGE>
In November 2004, the Company entered into a Stock Purchase Agreement (the
"Agreement") with a private investor, CMKX-treme, Inc. Pursuant to the
Agreement, CMKX-treme, Inc. agreed to purchase 12,500,000 shares of common stock
for a purchase price of $1,750,000. Under the terms of the Agreement,
CMKX-treme, Inc. initially purchased 3,571,428 shares of common stock for
$500,000, and it is required to purchase the remaining 8,928,572 shares of
common stock for $1,250,000 by December 31, 2004.
on a less positive note closing at .0001 again. and a company i should have bought with everything i had 3 weeks ago at $1.20 closed at $3.87 with a $4.57 high and has a 3 for 1 forward split coming dec 18th because their business is going to triple now that my brother-in-laws import car passed EPA tests. he told me a month ago the car was here by me for final tests but i didn't listen
[This message has been edited by bill1352 (edited November 23, 2004).]
Look for the first paragraph on page 24.
TRU DA ROOOOF!!!!
7. PARKER HUNTER INC/PA = 625,000 shares of CMKX held
LOL!!! SPEEEC- OOOO LATION TIME COME ON!! do dee doot de doot de doooot COME ON! SPEEEEEEEC-o-lation time COMEON!!!
(hum that to the "celebration" song)
By: stervc (The Institutions are Coming)
23 Nov 2004, 02:40 AM EST
Msg. 122167 of 122180
Jump to msg. #
The Institutions Are Coming...
Something that I think we are really over looking is another subliminal message that is being revealed right before our very eyes as to something very very powerful is in the mix with CMKX and TEAM and have been for some time. Someone posted these links the other day and I am just piggybacking on some thoughts that were already brought out that I think have not been given as much attention as I felt a few days ago.
With CMKX, as of 23 Nov 04, we now have a total of 8 Institutions that have taken positions into CMKX. The amount is a conservative position, but makes a statement nonetheless for any Institution to be taking a position in us in my opinion. Well, maybe not my opinion, but a fact.
Out of the 8 Institutional positions, 5 have taken new positions, but all of them have a Report Date of 30 Sep 04 as indicated in the link below: http://quotes.nasdaq.com/reference/comlookup.stm
(Type in CMKX then click on a quote, then click the first scroll menu and scroll down to “Institutional Holdings” and click to see them.)
The Report Date is the effective date of the filing of the Form 13F documents. The Form 13F is what these major Institutions use to file the information of their Institutional share positions with the Securities and Exchange Commission in the link below: http://www.secinfo.com/$/SEC/Filings.asp?CUSIP=125809103
Major Institutions are defined as firms or individuals that exercise investment discretion, over the assets of others, in excess of $100 Million. The 8 major Institutions that have invested into CMKX are listed below with their positions held:
1. MEAD ADAM & CO INC /OH = 10,000,000 shares of CMKX held
2. BEATY HAYNES & PATTERSON INC = 6,000,000 shares of CMKX held
3. NIAGARA INVESTMENT ADVISORS INC/NY = 2,000,000 shares of CMKX held
4. NATIONAL CITY CORP = 1,250,000 shares of CMKX held
5. GREYLIN INVESTMENT MANGEMENT INC = 1,000,000 shares of CMKX held
6. WAGNER CAPITAL MANAGEMENT CORP = 999,999 shares of CMKX held
7. PARKER HUNTER INC/PA = 625,000 shares of CMKX held
8. OLD DOMINION CAPITAL MANAGEMENT INC = 614,000 shares of CMKX held
There are certain criteria that an Institution has for taking a position in a particular stock. For any Institution to take a position in a stock, they must have already done their due diligence (DD). I’m talking about some real DD and not like the stuff we do. No offence to us, but keep in mind, we are the Pawns in this game. Also, remember that your Pawns could often be your most important pieces as well as your least as the situation dictates.
For any of these Institutions to consider CMKX in their portfolios means that they are placing CMKX on the same plateau as the other companies within their portfolios.
CMKX is the biggest position of shares of all the Institutions in their portfolios. The thing to keep in mind is that these Institutions are very conservative in nature and the position they have in CMKX is considered what they deem to be enough to meet their standards from doing their DD in comparison to the other positions in their portfolios although it might seem low to us. Remember, it’s a privilege for CMKX to even be in these major Institutions’ portfolios.
quote:
Originally posted by ohsnap:
LOL this sterlin is an idiot!!! His latest is institutions are coming to invest in CMKX. Lol look the numbers he posts.. Yes insitutions are coming and investing only $500.00TRU DA ROOOOF!!!!
7. PARKER HUNTER INC/PA = 625,000 shares of CMKX heldLOL!!! SPEEEC- OOOO LATION TIME COME ON!! do dee doot de doot de doooot COME ON! SPEEEEEEEC-o-lation time COMEON!!!
(hum that to the "celebration" song)
By: stervc (The Institutions are Coming)
23 Nov 2004, 02:40 AM EST
Msg. 122167 of 122180
Jump to msg. #
The Institutions Are Coming...Something that I think we are really over looking is another subliminal message that is being revealed right before our very eyes as to something very very powerful is in the mix with CMKX and TEAM and have been for some time. Someone posted these links the other day and I am just piggybacking on some thoughts that were already brought out that I think have not been given as much attention as I felt a few days ago.
With CMKX, as of 23 Nov 04, we now have a total of 8 Institutions that have taken positions into CMKX. The amount is a conservative position, but makes a statement nonetheless for any Institution to be taking a position in us in my opinion. Well, maybe not my opinion, but a fact.
Out of the 8 Institutional positions, 5 have taken new positions, but all of them have a Report Date of 30 Sep 04 as indicated in the link below: http://quotes.nasdaq.com/reference/comlookup.stm
(Type in CMKX then click on a quote, then click the first scroll menu and scroll down to “Institutional Holdings” and click to see them.)The Report Date is the effective date of the filing of the Form 13F documents. The Form 13F is what these major Institutions use to file the information of their Institutional share positions with the Securities and Exchange Commission in the link below: http://www.secinfo.com/$/SEC/Filings.asp?CUSIP=125809103
Major Institutions are defined as firms or individuals that exercise investment discretion, over the assets of others, in excess of $100 Million. The 8 major Institutions that have invested into CMKX are listed below with their positions held:
1. MEAD ADAM & CO INC /OH = 10,000,000 shares of CMKX held
2. BEATY HAYNES & PATTERSON INC = 6,000,000 shares of CMKX held
3. NIAGARA INVESTMENT ADVISORS INC/NY = 2,000,000 shares of CMKX held
4. NATIONAL CITY CORP = 1,250,000 shares of CMKX held
5. GREYLIN INVESTMENT MANGEMENT INC = 1,000,000 shares of CMKX held
6. WAGNER CAPITAL MANAGEMENT CORP = 999,999 shares of CMKX held
7. PARKER HUNTER INC/PA = 625,000 shares of CMKX held
8. OLD DOMINION CAPITAL MANAGEMENT INC = 614,000 shares of CMKX heldThere are certain criteria that an Institution has for taking a position in a particular stock. For any Institution to take a position in a stock, they must have already done their due diligence (DD). I’m talking about some real DD and not like the stuff we do. No offence to us, but keep in mind, we are the Pawns in this game. Also, remember that your Pawns could often be your most important pieces as well as your least as the situation dictates.
For any of these Institutions to consider CMKX in their portfolios means that they are placing CMKX on the same plateau as the other companies within their portfolios.
CMKX is the biggest position of shares of all the Institutions in their portfolios. The thing to keep in mind is that these Institutions are very conservative in nature and the position they have in CMKX is considered what they deem to be enough to meet their standards from doing their DD in comparison to the other positions in their portfolios although it might seem low to us. Remember, it’s a privilege for CMKX to even be in these major Institutions’ portfolios.
quote:
Originally posted by ohsnap:
So much nonsense from that nitwit and people STILL flock to his classroom.. which tells me all those people are knucklehead rednecks that do not have the slightest clue about anything
I don't think that is necessarily true. Forget about everything else he wrote, just focus in on him highlighting the investments made by the institutions. This is rather interseting info..it might not mean anything, but it is at least something new to read. I know someone made a reference to the amount of shares being bought equaling a cup of coffee (or something a long those lines) but you cannot look at it like that. Ask yourself, why an institution, that has the resources available to investigate and invest in numerous other stocks all of a sudden decides to invest into a small non-existant mining company listed with the pink sheets? Forget about the whole "they are just speculating" argument. No financial instituation with resources available to it is going to invest in a company with an O/S of 780 billion outstanding shares and only buy 1million to 10million shares. They know something we don't. As much as a lot of you think you know what is going on, to put it simply, you don't (neither do I). We won't until we get a PR telling us what is...and calling people rednecks for listening to someones opinion is ignorant and inane.
[This message has been edited by Binky (edited December 16, 2004).]
They are investments on people's behalf... institutions are not running to CMKX... unless you mean mental institutions...
quote:[/B][/QUOTE]
Originally posted by Binky:
[QUOTE]Originally posted by ohsnap:
[b]So much nonsense from that nitwit and people STILL flock to his classroom.. which tells me all those people are knucklehead rednecks that do not have the slightest clue about anything
thats what I thought....
i think urban casavant is a very clever man and perhaps very intelligent who will always be several steps ahead where any stock holder will be. he seems to be a master at reading and doing what will keep the fires of interest in his company burning.
though it was against my better judgement i bought a small position before the "double up special" and sold to get free shares on the the huge surprise run it made months ago. i'd have to say that i have gotten lot's of great entertainment trying to figure out what is going to happen next. even sherlock would have a tough time with this one.
there is a long complex trail of paper leading to the drag racing, and even though i grew up in motown and had a few street rods, i never in my wildest dreams thought that my initial investment in a diamond exploration company would lead back to drag racing. based on the o/s i suspect my free shares represent .000001 second of the tire smoke from a burn out. i humbly bow to you urban for keeping this alive no matter where it takes us. like jerry garcia said, "what a long strange trip it's been".
happy thanksgiving to you all and best of luck through the rest of Q4.
quote:
Originally posted by ohsnap:
what funny is people on the do-do boards are claiming bashers are trying to lower the bid to .0001 so they can sell when it goes back up to .0002.... IDIOTS... they have no IDEA what a bid/ask is.. the inbreds just see .0002 and think they can buy and sell for that price....
I check out these boards regularly and have NEVER gotten that idea from them. There are some real smart people you call IDIOTS. I think most of them are a lot smarter than that you could ever be.
Careful when you smack someone and can't back it up. Sure, there are new investors that ask questions, but to apply the term IDIOT to any of them make you look like one.
It's real interesting how some on this board claim to be the judge and jury of peoples character by reading a few words on these boards.
I love it when i'm right!!!
-------------------------------------------------------
Does CMKX have the largest diamond find in the world?
our anomolies are twenty times the other anomolies in FALC.
Well, I was talkin to another poster.. Rogue.
He hopes we have the heart or the tree trunk of the kimberlite pipes while Debeers and Shore have the branches.
The way I understand it is a glacial sheer long ago 'sheered' off the top of a volcano and that the sheered off pieces could be on DeBeers and Shores properties while CMKX property retained the main body. [is this the "caldera" part houston?]
This diamond find is probably going to be the largest diamond find in the world.
Imagine our anomolies are twenty times the size of DeBeers' and Shore's anomolies.
This could explain the urgency with which DeBeers has focused its immediate attention to FALC. DeBeers transferred an Exec.VP who was in Africa for 20 years to FALC awhile back.
Furthermore, DeBeers announced its spending 90% of its budget on Canada.
Also, DeBeers wants to do business in the US and after ten years paid a ten million dollar fine to the US.
Also, DeBeers has on its website that the FALC project is one of three major projects.
Perhaps we actually have the MAIN pipe. The heart of the kimberlite pipe i.e. the tree trunk and not the branches.
(Voluntary Disclosure: Position- Long)
=======================================================================
and...
Notice the timing of sudden substantial volume in the trading of CMKX as it compares to the timing of DeBeers' conclusion of drilling in mid November 2003.
I'd say it safe to presume one or more of the core samples was pulled out of the ground in September since they drilled fourty-eight holes.
Now look at the trading volume of CMKX stock. It goes from trading a handful of shares for the first eight months of 2003 to billions in the month of September 2003 and it hasn't stopped since.
http://stockcharts.com/def/servlet/SC.web?c=CMKX,uu[h,a]daclyiay[de][pb50!b200][vc60][iUb14!La12,26,9]&pref=G (you may need to cut and paste this link)
Here's the deal:
In 2003 DeBeers had its own crew do a ground gravity survey accompanied by differential GPS to re-examine certain areas.
A large gravity anomaly of significant amplitude was delineated immediately east of, and contiguous to, the 150 kimberlite.
The anomaly covered an area approximately three times that of the known 150 kimberlite of kimberlite. DeBeers said that if the anomaly does represent a substantial body, then it could be the largest body identified in the entire Kimberlite Field.
DeBeers drilled a bunch of holes and when the drilling concluded in mid November 2003 it was determined that significant intersections of prospective kimberlite were encountered in each of the kimberlite bodies investigated.
DeBeers said, "Sufficient coverage of the bodies from this program and previous drilling will permit construction of geological models."
What a coincidence. DeBeers had discovered, as I already pointed out in my previous posts, that not all kimberlites retain magnetic properties.
Therefore, new survey methods, not available BEFORE Urban Casavant snatched the claims, revealed many more anomolies than originally discovered with the aero-magnetic surveys normally used to discover kimberlite anomolies.
The timing of the increased volume in CMKX stock and the sense of urgency with which DeBeers increased its diamond efforts in the FALC region is remarkable.
(Voluntary Disclosure: Position- Long)
quote:
Originally posted by KellieAnn:
Where did everyone go? How come no one is talking. I'm bored and I don't have anything to read. C'mon somebody...say something!!!
Well, KellieAnn, I went to Puerto Rico. Just got back. Had a great time.
Hellow Wallace, Upside, Bill, Will and all. Before I left I saw a filing of 684 mill o/s for cmkx on another board. No doubt that was bogus or very old. Right?
Don
quote:
Originally posted by Upside:
Time to bury her eh? Dang, I'm gonna miss the old girl.
LOL... Upside, maybe you can bury her in one of those holes you dug in your back yard.
CMKX has 100+ anomolies, some very large. 80% of all Kimberlites in the region have diamonds. 50% have macrodiamonds.
If out of 100+ kimberlites we find 2 good kimberlites we will be worth a lot.
Even with max OS, if we have 20 billion of total worth in all 100 kimberlites I will be rich.
20 billion/800 billion = .025/share
2 billion/800 billion = .0025/share
I think this stock is a no brainer. If the company gets off the ground and off the pinks, and if the realize just a fraction of their potential this is a 20 bagger.
If as people are speculating that one pipe could be worth 20 billion then this has the potential of 100 billion or more.
[This message has been edited by Binky (edited December 16, 2004).]
Would rather be broke.
quote:
Originally posted by RaiderJR:
I couldn't invest in QBID for moral reasons. I just dont think supporting that is worth getting rich over.Would rather be broke.
Actually I respect that! Furthermore I hope CMKX hits the motherload eventhough I'm not on it. Believe me I've had a few that rested on the bottom & that crap isn't fun.
Good luck to you.
------------------
whizknock
Q is solid.
all i know is i will see money from Q in this lifetime and i have half as many shares as i do of CMKX I don't feel that i will see anything from here for a long long long long and i mean long time.
the sad part is you cant even sell this crap cause everyone has some and don't want any more. so we are stuck as investors. i know i can sell my Q at anytime. people want it.
I'm here to make money. I will buy my own race car thank you.
quote:
Originally posted by highwaychild:
Actually I think CMKX allready has alot of that QBID money.Alot of Q lovers has put in there long lost last run money.
Q blows.
[This message has been edited by Binky (edited December 16, 2004).]
quote:
Originally posted by Binky:
Hi all
Has anyone got any good info about the status of the Carolyn pipe and the smeaton Kimberlite where it is situated.According to the Sask govt.site, it is shown as open for staking and it has shown this as being open all of Nov./04.
http://www.ir.gov.sk.ca/files/geomines/1to250k_maps/73h.dwfTo view the Sask. Maps go to this site and download their viewer http://usa.autodesk.com/adsk/servlet/index?siteID=123112&id=2404513
Also http://www.explorationgis.com/falc_detail2.html
shows the claims as open on Nov.1 and now on their Nov.17/04 update.I was wondering about this because some people are still saying that the Carolyn pipe is the motherlode of diamonds that the company is keeping secret. If they have let the claims lapse then this rumour is definitely not true.
[This message has been edited by Binky (edited November 29, 2004).]
United Carina, Consolidated Pine recover Smeaton claims
2004-11-02 13:59 ET - News Release
Also News Release (C-KPG) Consolidated Pine Channel Gold Corp
Mr. Rick Walker reports
United Carina Resources Corp. and Consolidated Pine Channel Gold Corp. advise that four lapsed mineral claims that formed part of a joint venture property in the Smeaton area of Saskatchewan have been reacquired by staking on Nov. 1, 2004. The four claims were staked by Seagrove Capital Corp. on behalf of the companies and form part of a 27-claim joint venture with CMKM Diamonds Inc. and U.S. Canadian Minerals.
The companies also acquired by staking three other claims to the northwest of the Fort a la Corne area of Saskatchewan.
[This message has been edited by Binky (edited December 16, 2004).]
[This message has been edited by dwman (edited November 29, 2004).]
quote:
Originally posted by Upside:
You know, this is just what I expected. Anyone here who had a negative opinion of this stock was told to leave so others wouldn't have to sift through our "inane" posts to get to the real research that others post, so we did. Now this is one dead thread. Where is all of this great dd that was talked about? It appears that no one is stepping up to the plate so the way I see it, we now have carte blanche to post as much negative, inane garbage as we see fit, right? That being the case, anyone wanna fight?
quote:
Originally posted by Upside:
You know, this is just what I expected. Anyone here who had a negative opinion of this stock was told to leave so others wouldn't have to sift through our "inane" posts to get to the real research that others post, so we did. Now this is one dead thread. Where is all of this great dd that was talked about? It appears that no one is stepping up to the plate so the way I see it, we now have carte blanche to post as much negative, inane garbage as we see fit, right? That being the case, anyone wanna fight?
quote:
DD? WTF are you talking about? There isn't any REAL DD connected to this POS. There are just wild speculative theories copied and posted from the over zealous who were paid with free shares, or faithful who listened to those pumpers and are now stuck.
DD? It would take you two minutes to DD this POS, and most factual results would be negative.
I just knew that Mr. Compassionate was still luking around here.
-
- http://tinyurl.com/4l6wn
- http://www.uscanadian.net/photo1.asp
-
-
Here's one I know Upside'll like...
http://www.nfl.com/teams/news/GB
quote:
Originally posted by TruthTeller:
Remember we are in a quiet period
quote:
Are you still bashing with with class Upman?LOL
bash this...
-
- http://tinyurl.com/4l6wn
- http://www.uscanadian.net/photo1.asp
-
-
Here's one I know Upside'll like... http://www.nfl.com/teams/news/GB
Didn't care for your first two links at all. 3rd one was great though!
[This message has been edited by highwaychild (edited November 30, 2004).]
quote:
Originally posted by Upside:
Does anyone here play the commodities markets? A year or so ago there was talk about starting up diamond futures trading and if it happened we should all be betting on a huge price drop coming soon. According to the latest rumor the Carolyn pipe is actually not a dead, diamond free pipe but it's actually the queen mother of all pipes and the company is keeping the real results secret as part of the master plan. Possibly to avoid unstabilizing the diamond market?
thats the pipe that they let the rights lapse. united carina picked them back up a few weeks after they lapsed. anyone could have claimed them during that time. if it had that much in diamonds it would have never lapsed. still they did pick them up & not cmkx. transfering rights out of cmkx???? maybe we should have chipped in and bought them, got some shovels & started digging. might be our only hope of getting paid in this deal...lol
[This message has been edited by bill1352 (edited November 30, 2004).]
Where's wallace? I bet he jumped off a tall building. No, I take that back. Don't want to lose a friend. Well, maybe just a small building like a well house.
quote:
Originally posted by dwman:
Hey folk!!! I sold 9 million shares for .0017 today. NOT. lolWhere's wallace? I bet he jumped off a tall building. No, I take that back. Don't want to lose a friend. Well, maybe just a small building like a well house.
“Upside
Member posted November 30, 2004 19:23 In one fell swoop Sir Wallace
smote the lot of the faithful and banished them from the CMKX thread for all eternity.
And there was much rejoicing.”
dwman - no tall building, just trying to find another outhouse to move. Looks like the sh:t is pretty much over on this one!! LOL Bet you didn't know those old outhouses had to be moved every so often, did you?
Will, Upside - you two guys just did too much bashing and got a BAD rep. I was much nicer about it!!!! LOL
"Inane"!!
Sure did get rough at times, huh?
[This message has been edited by Wallace#1 (edited November 30, 2004).]
[This message has been edited by dwman (edited November 30, 2004).]
quote:
Originally posted by Upside:
In one fell swoop Sir Wallace smote the lot of the faithful and banished them from the CMKX thread for all eternity. And there was much rejoicing.
Not all of us Up. I'm buying more tomorrow. I like losing money.
Crystalix Group International Inc. Launches National Retail Program with Sears Portrait Studios & CPI Corp.
Crystalix Group International Inc. Launches National Retail Program with Sears Portrait Studios & CPI Corp.
Tuesday November 30, 2:52 pm ET
LAS VEGAS--(BUSINESS WIRE)--Nov. 30, 2004--Crystalix Group International Inc. (CGI) (OTCBB: CYXG - News) has confirmed that the company has completed the national rollout of their "Crystal Portraits(TM)" retail program in more than 900+ Sears Portrait Studio locations throughout the United States and Puerto Rico. The company also developed the looping DVD infomercial featuring the unique process and 3D technology that will be looped on the Sears Portrait Studios sales monitors and computer stations.
ADVERTISEMENT
"Sears Portrait Studios continue to lead the billion-dollar portrait photography and photo imaging industry in development of new technology, bringing the finest services and cutting-edge products to their valued customers. We believe the addition of these products continues to reinforce our commitment to developing and bringing sought-after products and collectables to our discriminating and educated customers," stated Jack Krings, president of CPI Corp.
"CPI Corp. and its Sears Portrait Studio locations is the first national portrait photography retailer to capitalize on the excitement created by our 2D & 3D patented subsurface laser etching inside of crystal and glass products. CGI is creating lifetime heirlooms through our unique imaging process and have launched this wonderful program with Sears in time for the exhilarating Fall/Holiday 2004 season," stated Kevin T. Ryan, CGI CEO.
"CGI continues to develop its integrated marketing, advertising and sales plan that was adopted by its board of directors and believes that we are well positioned for revenue growth and profitability through implementation of our business plan," stated John J. Lais, III. "CGI's critical focus is to nurture and enter into strategic relationships with market share leaders by industry/category that bring name recognition, brand awareness, anticipated volume, national & international distribution as well as daily consumer activity to the company," stated Lais.
About CPI Corp.
CPI Corp. is a long-standing leader in professional portrait photography of young children and families. From the single studio opened by its predecessor company in 1942, it has grown to 1,026 studios throughout the United States, Canada and Puerto Rico under the banner of Sears Portrait Studios. The company has provided professional portrait photography for Sears' customers since 1959 under license agreements with Sears Roebuck and Co. It has been the exclusive Sears portrait studio operator since 1986. searsphotos.com is the company's vehicle for online products and services, including portrait reorders, portrait sharing via e-mail and photo processing. CPI is a Delaware corporation that made its initial public offering in 1982. It is traded on the New York Stock Exchange under the symbol CPY.
About Crystalix Group International Inc.
Crystalix Group International Inc. is the leading manufacturer, distributor and marketer of laser subsurface engraved optical-quality glass products. Its principal product is a personalized three-dimensional engraved crystal that features the facial image of one or more persons or other three-dimensional images. Crystalix kiosks are owned by its marketing partners in retail shopping malls, resorts, promenades, casinos, and theme parks where its crystals are engraved and sold. Its engraving process involves the use of a high-resolution digital camera, a laser image scanner, and a laser that is configured together by a standard desktop personal computer, using its proprietary software and a Windows operating system. The laser image scanner converts images from the digital camera, a customer's digital image, or a hard copy photograph into a three-dimensional or two-dimensional digitally formatted image that will be engraved into the center of the crystal by the laser. CGI is a Nevada corporation and it is traded on the OTCBB as CYXG. Please visit us at: www.crystalix.com.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by the lead-in "Looking Forward." These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions. No assurance can be given that these are all the factors that could cause actual results to vary materially from the forward-looking statement.
--------------------------------------------------------------------------------
Contact:
Crystalix Group International Inc.
John J. Lais, III, 702-740-4616
or
CPI Corp.
Jane Nelson, 314-231-1575
Web site: http://www.cpicorp.com
or
Financial Relations Board
Diane Hettwer, 312-640-6760
[This message has been edited by highwaychild (edited November 30, 2004).]
I am truly impressed with your knowledge of outhouse lore. LOL
highwaychild,
How are you doing guy? Speaking of outhouse lore, you must know how vaulable your CMKX certs. would have been back then! LOL
How do you like that? Dwman just mentions Sears and highwaychild finds a connection!!!
Damn, he's good! LOL j/k
[This message has been edited by Wallace#1 (edited November 30, 2004).]
Talk to you all another time.
Booowwooooooosheeeeeaaaaaa!!!!
hehhehe
I called this a scam back in June..wheres all the millionares and pps at .50
dim wits.
quote:
Originally posted by Wallace#1:
dwman,I am truly impressed with your knowledge of outhouse lore. LOL
highwaychild,
How are you doing guy? Speaking of outhouse lore, you must know how vaulable your CMKX certs. would have been back then! LOL
How do you like that? Dwman just mentions Sears and highwaychild finds a connection!!!
Damn, he's good! LOL j/k[This message has been edited by Wallace#1 (edited November 30, 2004).]
LOL... Wallace you get the post of day award vote from me. By the way, Wallace, in Oklahoma we used corn cobs. First a red one. Then a white one to see if we needed another red one.
quote:
Originally posted by ohsnap:
F*L*U*S*H
Booowwooooooosheeeeeaaaaaa!!!!hehhehe
I called this a scam back in June..wheres all the millionares and pps at .50dim wits.
They are just around the next bend, osnap. I'm glad you won't be losing any money on this scam since you don't own shares and are so much more intelligent than us "Dim Wits". Man, you sure get personal.
quote:
Originally posted by stockfreak:
how come i keep seeing sells going through for .0002 with blocks of 1,500,000
Markt makers are dealing in more digits than we can use. Could be something like .00015.
Soon the new A/s count will be in the trillions
and that stupid nut Urban will be laughing all the way to the bank
how is carolyn these days?
quote:
Originally posted by Upside:
What does Booowwooooooosheeeeeaaaaaa mean?
quote:
Originally posted by dwman:
[QUOTE]Originally posted by Upside:
[b]What does Booowwooooooosheeeeeaaaaaa mean?
[/B][/QUOTE]
Like I said, osnap, you sure do get personal. Do you ever stop and think how you come across? UC is stupid but he is laughing all the way to the bank. I don't know too many rich stupid people.
quote:
Originally posted by ohsnap:
Dilution....Soon the new A/s count will be in the trillions
and that stupid nut Urban will be laughing all the way to the bankhow is carolyn these days?
Like I said, osnap, you sure do get personal. Do you ever stop and think how you come across? UC is stupid but he is laughing all the way to the bank. I don't know too many rich stupid people.
Am I, Did I, miss something?
Anyone have any ideas? I just find it sort of odd, that it woudl go almost a full week and no trade activity...
Thanks.
Before I discuss what I would like to see happen with CMKX and why GEMM might be important, let's first get one thing straight. Until we have enough of the facts at hand, all we have is what we think. This is the due diligence (DD) we find that is somewhat related to our stock that we are researching. These are the thoughts that lead us to speculate to determine why we should buy, sell, or hold a stock.
Without facts, then without speculation, why else do you buy a stock in the penny world? How is your DD done? Do you buy now because someone said so? Do you just close your eyes or blindfold yourself to play "Stock-Roulette" to pick what to buy? Remember that this is not the NASDAQ, AMEX, NYSE, or any major market where facts are given to the investor to make a rational decision to invest (usually through an SEC filing). These facts are usually positive or negative in nature and sometime might portray a picture that is not correct for viewing.
This so-called speculation and sometimes anticipated valuation is the hope and reason why you personally buy a stock to take the risk.
Often we have no choice but to pull and derive information from facts elsewhere or speculation to make a decision when we don't have the facts at hand. Just because we might not agree with each other's thoughts of speculation does not mean that it should not transpire.
When you are first made known of a ticker, why do you buy? In the penny stock world, it's mostly not because of knowing the facts, but on rumors, speculation, related facts, etc. Anyone not seeing this has definitely made the choice to blindfold themselves! Ok, enough of this, so back to some rational speculation.
Remember, these are not confirmed facts that I am about to discuss. They are only theories. Please don't give any more merit of substance to these thoughts than what should be given until officially confirmed.
So why do we have frames in our accounts to mark the position of shares we are to have for our dividends? Giving us frames could serve as twofold. The first is to mark the accounts to see where the unfriendly shareholders of CMKX are located. This would help them to make sure they don't give shares to the wrong people. This is done by placing frames of the dividends in our accounts to mirror the proportioned dividends to be distributed to the naked shorted shares and non-naked shorted shares of CMKX as we have previously talked about in some older posts and in Paltalk.
When the dust clears, I think that only those legitimate shareholders will have "pictures" placed in their "frames" and the hedge fund shares and the accounts of other unfriendlies will be left with only the frames to be eventually removed. The illegitimate shareholders will not be given any dividend shares and would not complain about receiving any because if they did, it would allow for them to be publicly revealed. This could be part of a deal to rectify the situation too. I see no need to explain that through speculation.
These naked shorted and non-naked shorted shares of CMKX is the number given to CMKX from the DTC that is confirmed by the OTCBB and Roger Glenn as indicated in those OTCBB links with the distribution ratio indicated. This is that 779+ Billion shares that we see pop up for being the outstanding shares (OS). This then assists them to know who to not pay the dividends out to, such as those hedge funds and other unfriendlies as indicated within that total number of CMKX shares transacted as such at a specific time. These illegitimate positions are marked for extermination to be given out proportionally to those holding legitimate positions.
This is the "distribution to redistribution" process that is taking place between the dividends. This means that if this is true, then we should see an increase in the amount of USCA shares we currently have in our accounts when the dust clears. Maybe our GEMM shares too. Or for that matter, all of our dividend shares.
To some, that above thought was a bit far fetched. No problem, I understand. So let's figure that if the above does not transpire, then maybe the second reason for giving us frames would hold merit.
Let's go back to the distribution of our first dividend, UCAD now USCA. USCA is now a merger candidate for many major market stocks because of the acquired shareholder base from CMKX. Let's go one step further. Ok, a few steps further.
When brokerage companies such as Etrade, Fidelity, etc. inform shareholders that USCA is in the process of merging, I can't help but see why such should be given the 50/50 logic for reasoning. That could be why we have frames in our accounts for dividends right now. Maybe that's why we have two different pay dates with GEMM. Maybe USCA will merge with GEMM to make sure USCA go back to capture the 70,000+ shareholder's base that was much lower from the original USCA dividend distribution of 42,000+ shareholders. Maybe not, but let's stick to maybe for this post.
At such time of the date of record for the USCA dividend shares, USCA acquired somewhere over 42,000+ shareholders. Well guess what??? They would become even more attracted as a merger candidate if they could somehow capture the now 70,000+ shareholder base of CMKX since the original UCAD/USCA dividend distribution that I think we have. This is where the frames of GEMM would come in at, but wait...
Even more powerful, the 70,000+ CMKX shareholder's base that I think we now have, coupled with the filing of the 10QSB and the Form 211 under Rule 15c2-11 for getting USCA and CMKX back to the OTCBB (or higher board) will probably take us way over a 200,000+ shareholder's base of loyal CMKX shareholders as a new and consistent base just for starters.
http://www.otcbb.com/aboutOTCBB/forms/formsindex.stm
This would bring in a whole new group of major investors that have been sitting on the fence waiting to take their long term positions in CMKX and to further market CMKX to bring in even more shareholders. This is why it is very important that USCA and CMKX both get off of the pinks and on to at least the OTCBB. A base of 200,000+ shareholders would be a minimum if any of the anticipated news is released. I must commend us all for getting the word out. In my opinion, I think we should continue.
So really, why would a major market stock be so interested in this??? Because of a few reasons. Understand that it’s all about capturing our loyal CMKX shareholder base. If you go into a room of 5 people to tell them about buying your stock, you might think that you have done well from getting 100% participation for buying. Now imagine going into a room of 70,000+ people, or 200,000+ people. Even the slightest of participation for buying your would surpass the lesser number for bringing awareness to your stock. The greater the number of investors, the greater the opportunity for growth and shareholders. This is a fact.
This could transform a major market stock into an "Instant Microsoft" with having the shareholder base of CMKX. So, with USCA merging with GEMM to pick up the CMKX shareholder base, this makes USCA an even more outstanding candidate for a merger with a major market stock that need shareholders to add volume, liquidity, and protection. I won't talk about the protection for now, but still, all of this is very important to attract major market stocks to participate in our dividend distribution program that is prevalent for success. We would welcome with open arms any dividend in any major market stock and they would welcome us. It's just a matter of presentation to the major market stocks to show them how they need us for continued growth.
These giving of these small dividends are nothing more than making sure the process is already organized and down pack to make for smooth dividend transactions for the major market dividends that I think we will be having coming soon in my opinion. The list is very long, but here is a list of some major market stocks that we could considered as participants from the major markets in the link below just for starters: http://biz.yahoo.com/p/metalsconameu.html
One might say that the CMKX shareholder base would not have the same money to invest as the Microsoft shareholder base. Well, if things transpire and the price of CMKX goes up as anticipated, you would want to already want your stock to be positioned as a received dividend for the newly grown major investors that we would be transformed into. We CMKX shareholders would always probably keep a position in CMKX, but we would also be looking to diversify our portfolios into something that was already brought to our attention as another stock of our family of stocks that we would feel as being indirectly related to our wealth.
Do you think CMKX shareholders would have ever invested into UCAD back when it was at $2 to $4 pre-split before later running to $18+ per share, or GEMM from .02 cents to .18 cents, or SGGM from .01 cent to .70 cents? Well I was not as fortunate to take advantage of all of those gains, but the company gain great recognition through obtaining the CMKX shareholder base. Imagine what we would do if CMKX matures to bring us the profits we are anticipating for a major market stock.
Some of those major market stocks that are within that link above that I posted also give out quarterly cash dividends which would attract us CMKX shareholders even more for taking a newly long term position in them as an addition to CMKX as one of our nest eggs in our portfolio.
Another reason why I think one of those major market stocks would be interested in creating such a relationship is because of "Overcapitalization." This is because many of them are making more money than they know what to do with. To keep from being heavily taxed they must get creative with what they must do with the Income they are generating or find themselves in a hostile takeover or something for their multi-billion assets/valuation. Many of those companies are offering Spin-offs, Cash Dividends, Conciliator Proposals, construction of plants for creating permanent jobs, and more.
Since many of these companies would be fortunate to have any volume over 50,000 shares daily, they would welcome the liquidity of trading that the CMKX shareholder base would bring to the table. Especially if the shares awarded are free trading share. It would not hurt them one bit because of their already established position of value within the market. These companies would be taking a chance to invest in us as they believe we would invest in them to catapult their stock to the next few levels of growth in share price from the extra positive volume. The only other option would be for them to remain at their current levels of stagnation.
This could be another way that Urban has chosen to accept as another medium for helping shareholders. It could be viewed as giving out shares in a major market stock to be sold in the form of a dividend to shareholders that are viewed as less fortunate because of the market they are trading in. That’s us down here in penny stock land. This will place the major market stock in a position where they could implement a "Circular Flow Model of Economics" within their own construct of their company.
Doing a forward split would still probably not increase liquidity into these major market stocks because there would be no selling of any significant amount of shares due to the type of investors that are in these stocks. New investors would be the only option for significance growth from its stagnant levels.
These would be your well conservative and well off type of investors that would usually invest for long-term reasons that are already locked into these stocks. Think about it. If you had a long term position in one of these major stocks and they were awarding you the things I mentioned above, would you sell any shares? Probably not many shares if any shares at all. This would be one of your nest eggs in your long term portfolio.
A major market stock would consider taking this route too if they knew that their stock was getting primed for some more major movement from some anticipated major announcement. If you had huge news and nobody knew, the power of your stock movement would be minimal. If lots of people knew, the power would be maximized.
So with all of these dividends and mergers that could be taking place all around CMKX, what would be needed to jumpstart CMKX to keep a harmonious growth in CMKX and all the array of related stocks?
One of the things has already been going on as mentioned in previous PRs. I think CMKX will be informing us of a certain amount of shares that have been retired. There are two ways to retire shares. Then after retiring them, there are two actions you can do with them. Read the link below to get an understanding of how it works: http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=60961
Now, I think that it would be important for CMKX do a share buyback to remove shares off of the open market. Again, this ties in with the above link concerning the retirement of shares, but it makes a huge statement as a show of confidence if tactically done. This could be what they are positioning themselves for doing to realign with the 5 Jan 05 date for the new naked short rule, Regulation Sho.
They must position themselves days to weeks ahead of time to allow for key planning in my opinion without certain delays and a smooth trap to be sprung. This is why I think that we will be seeing a few powerful things of a huge magnitude released in December. Again, I have no facts and this is only speculation.
Let's see. I think CMKX will file their 10QSB well before the end of the year to make sure all kinks are knocked out for CMKX being on the OTCBB. This publicly reflects the official share structure and publicly forces an accountability of shares to be governed to a finite number. Any naked short position could be orchestrated to be easily proven.
We would also have the restricted shares amount officially and publicly accounted for from the OS. This makes it publicly known for what's the public float in need of being bought off the open market.
Since the company has been stating that they have been retiring shares for quite some time now, maybe they will be announcing not just them doing a share buyback, but the amount of shares that have already been bought back to have been officially accounted for. Maybe an official public short squeeze could be in the process of being revealed right before the governing authority's eyes. The only alternative would be for the MMs to trade CMKX correctly from the generated Supply vs Demand. With the Float being bought up, it would have the same market effects as a short squeeze because when the shares are gone, the shares are gone.
Major investors will pour in by the masses with the filing of the 10QSB and the announcement of a huge share buyback program to eliminate the Float.
So, for those who are complaining, I think you need to at least wait until the Sho Rule of 5 Jan 05 takes effect. Today the SEC called me to confirm that my thoughts were correct about the Regulation Sho Rule that is schedule to take effect 5 Jan 05. The pilot rule was extended until May 05.
Any previous naked shorted issues will not be retroactive. Meaning that what was done in the past is just that, in the past. The new rule will deal with "what is" or the "now" for resolving naked short issues that will be justified as valid on or after 5 Jan 05. They see that it will be too much to go back to fix what was broken due to the naked shorting issues. Heck, the markets would probably close and too many individuals would be going to jail which would be a huge slap in their faces for allowing for such to go on for years.
This is why I think that the time is now nearing for closure to be put on this saga and huge forward movement should follow. I expect powerful events building to a climax to continue growing with something huge released on or soon after 5 Jan 05 to keep any major run going.
The beauty behind all of this mixed with the above thoughts concerning accountability is that it will force “a dealing with” of the illegitimate float from those shares that will be left behind if CMKX does a share buyback. If CMKX buys back all of the shares needed to be bought to show accountability of the AS, OS, and the legitimate Float then those frames left behind marked to be given dividends will allow for the proof of naked shorting to stick out like a sore thumb.
The ultimate goal is to force the MMs to trade CMKX correctly once news of a huge magnitude is released since there will be nothing for the MMs to cover since they will be given a clean sleight from Regulation Sho when and if it ever kicks in. You must also be a fully reporting company trading on the OTCBB before your case is even considered too.
Now these thoughts are only my opinions as to what I see could be transpiring mixed with a little bit of what I would do from the outside looking in. I have confirmed none of the information above as facts and all should only be considered as food for thought to stimulate some thoughts to be considered as options and nothing more.
PS - This is a rough draft so see it as such. Thanks!
All is well! http://www.sterlingsclass.com/
quote:
Originally posted by firmbatch:
If you think the stocks are worthless.... why are you concerned about them??? Personally I believe this company will take off... I have held my shares for over a year and will continue until it explodes...Thanks.
I am holding on to them because I don't think selling at this point is a viable option, I would be selling for a pretty significant loss. I too am holding and hoping that it goes up in the near future, my concern is that I have yet to receive any part of the GEMM dividend, which I believe I should have had by now. Please correct me if I am wrong.
I just can't read it all. I know the faithful will critisize me for not gobbling up all the Sterling puke, but I just can't. In the first 5 or 6 paragraphs there was enough double talk to confuse the best and brightest diplomat or politician.
"let's just suppose he's an alien" !!!
quote:
Originally posted by Upside:
I think in a nutshell he was trying to say "we're going to be rich". Not 100% sure of that but that's pretty much what his theorys come down to.
quote:
I'm willing to bet there was a "nutshell" very close to where he was born, like laying right next to his new born self. Nutcase be more like it.
LOL! Now that's funny. Be careful though, this is one of the favored sons of the CMKX elite we're talking about here. Don't want to cast ourselves in a bad light in their eye.
quote:
Originally posted by Upside:
originally posted by Will:
LOL! Now that's funny. Be careful though, this is one of the favored sons of the CMKX elite we're talking about here. Don't want to cast ourselves in a bad light in their eye.
[This message has been edited by will (edited December 01, 2004).]
quote:
Originally posted by bill1352:
ya think sterling is an ozzy clone without the drugs??? all the bum's in washington couldn't come up with all that double talk. my eyes hurt after 3 paragraphs & i think i heard my brain tell me to f off. as for the second gemm as i posted right now according to ameritrade there is none scheduled the 15th was pushed back to the 28th if that makes any sence. i did try talking to the rep in the restructure dept. but she said pr's are useless, the only thing that matters is what the t/a tells them. it doesn't really matter being they are restricted. if the companies do not remove the restriction it will cost more to sell then its worth so we got nothing for free. wait a yr & watch sterlings stories about restrictions being removed & how the naked shorts are stopping it from happening.
quote:
Originally posted by will:
God! UpMan, I read Sterling puke up to the first URL he posted in his long drawn out. "let's suppose puke".
This is convenient:
"The illegitimate shareholders will not be given any dividend shares and would not complain about receiving any because if they did, it would allow for them to be publicly revealed."
This is revealing and crystal clear:
"distribution to redistribution", WTF is that nonsense?
"frames"
Reminds me of that HP commercial where the guy puts the frames around his neck.I just can't read it all. I know the faithful will critisize me for not gobbling up all the Sterling puke, but I just can't. In the first 5 or 6 paragraphs there was enough double talk to confuse the best and brightest diplomat or politician.
"let's just suppose he's an alien" !!!
I am one of the HOPEFUL, with a feeling of DISPAIR deep in my gut. It's good to be one of the faithful as long as you're not selling unreal nonsense to the wide eyed, want to be rich, play of the lifetime searchers. Nothing wrong in believing in the impossible or improbable, but to ignore it and sell it as a lock play is wrong.
Hey! Good you don't recognize this guys crap as having any reality based factual content.
Be faithful, hold long and strong. I commend you for your convictions, and applaud you for your Sterling judgement.
=============================================
sorry will but i do have some pride. i couldn't spew that crap with a straight face even if i could read it enough to figure out what he is saying. & if i did understand it i'd seek professional help quickly (i hope)
[This message has been edited by bill1352 (edited December 01, 2004).]
quote:
Originally posted by bill1352:
ed...forgot about that myself...just call ameritrade from the info they have only 1 gemm div. coming & we got it. the date of 11/15 was changed to 11/29 at the last minute thus many got the div. paid on the 15...13 days early. there is no second gemm div. scheduled according to ameritrade. sure not what cmkx seems to have said in the pr's
quote:
Originally posted by lanebro:
I have to ask this...
How on earth can a company with no
verifiable assets, nor prospects,
as to which they tout,
sell stock in that product?
[This message has been edited by lanebro (edited December 01, 2004).]
quote:
Originally posted by DIGDOUGH:
Sterling should explain why Urban cant be up in Canada digging on all those big bad anomolies that are sitting there
QUOTE]Originally posted by ed19363:
Since we all seem to agree that Sterling is a paid pumper, and an idiot to boot, why do we keep posting his drivel on this board. Anyone who thinks the man is sane can read his quotes on his own board. Personally, I wouldnt believe a word from his mouth if he handed me a bag full of diamonds.
Ed [/QUOTE]
quote:
Originally posted by Upside:
Anything for you old buddy.
quote:
Originally posted by will:
Esteban:I am one of the HOPEFUL, with a feeling of DISPAIR deep in my gut. It's good to be one of the faithful as long as you're not selling unreal nonsense to the wide eyed, want to be rich, play of the lifetime searchers. Nothing wrong in believing in the impossible or improbable, but to ignore it and sell it as a lock play is wrong.
Hey! Good you don't recognize this guys crap as having any reality based factual content.
Be faithful, hold long and strong. I commend you for your convictions, and applaud you for your Sterling judgement.
Hi Will,
I like your words better than mine. As of now I am HOPEFUL with a whole damn bunch of DISPAIR. Yeah, I like that better. Thanks.
I will save the word faithful for my marriage committmet.<G>
Steve
quote:
Originally posted by ed19363:
Since we all seem to agree that Sterling is a paid pumper, and an idiot to boot, why do we keep posting his drivel on this board. Anyone who thinks the man is sane can read his quotes on his own board. Personally, I wouldnt believe a word from his mouth if he handed me a bag full of diamonds.
Ed
Because his nonsense is the only positive thing going for this stock... EVER..
So yes don't despair MAJOR!!!!! institutions are coming with $500 to drop on CMKX... tru da rooof!
quote:
Originally posted by will:
Esteban:I commend you for your convictions, and applaud you for your Sterling judgement.
"sterling" judgement? sterling? Silver? Where? Where? Go CMKX!!!
lol
quote:
Originally posted by will:
That was Upside who posted that crap. Then he claims to be concerned about my heart bursting, knowing full well that post would ignite me. See things were slow for a week or so, then the "inane" took over for a bit, dw using red and white corncob wipes, Sears, Montgomery Ward....., Wallace being tied to a race car's bumper, blah blah blah. Well that wasn't good enough for my good friend UpMan, so he had to go find Sterlings latest "pukefication of repukefication", theory, and get everything started up again. Which, by the way, I thank him for, because without it, this place is DEAD. Give me more to b*tch about, I like it !QUOTE]Originally posted by ed19363:
[b]Since we all seem to agree that Sterling is a paid pumper, and an idiot to boot, why do we keep posting his drivel on this board. Anyone who thinks the man is sane can read his quotes on his own board. Personally, I wouldnt believe a word from his mouth if he handed me a bag full of diamonds.
Ed
[/B][/QUOTE]
LOL will... Here's something to bi*ch about... two dirty white corn cobs.
quote:
LOL will... Here's something to bi*ch about... two dirty white corn cobs.
So what do you grab for next, another white one or a red one, or do you flip one of the white ones over and try again? I'd think conservation has to come in to play at some point unless of course it was a banner white corn harvest.
quote:
Originally posted by Upside:
originally posted by dwman:
So what do you grab for next, another white one or a red one, or do you flip one of the white ones over and try again? I'd think conservation has to come in to play at some point unless of course it was a banner white corn harvest.
LOL... as someone pointed out, you start eating more fiber.
Wallace... I'm not bragging but I am buying more this morning. Look for an order for 200,000,000 to go through at .0002. That will be me. LOL No, seriously, I will try to pick up more this morning. My feeling is that the company will not go belly-up and if it only goes to .004 in the next two years, 80,000 bucks will be a nice profit. I have not invested more than I can afford to lose.
quote:
Originally posted by JEAL:
Yahoo shows that SGF.V has not traded since Nov 25 - this was shortly after their latest release on diamond updates....Am I, Did I, miss something?
Anyone have any ideas? I just find it sort of odd, that it woudl go almost a full week and no trade activity...
quote:
--------------------------------------------------------------------------------
Originally posted by JEAL:
Yahoo shows that SGF.V has not traded since Nov 25 - this was shortly after their latest release on diamond updates....
Am I, Did I, miss something?
Anyone have any ideas? I just find it sort of odd, that it woudl go almost a full week and no trade activity...
--------------------------------------------------------------------------------
not sure who that is jeal. i dont know that trading symbol. they aren't part of cmkx that i know of.
Somewhere along the line, someone had pointed out the Shore GOld was some how involved with this circus. I just know they are on my Yahoo watch list, and they ar in the same general area as CMKX and others.
SHortly after this press release ( below ) trading has not taken place
Shore Gold Inc. - Star Diamond Project: Over 2,394 carats to date - More large diamonds in 273 carat parcel
Wednesday November 24, 5:18 pm ET
Stock Symbol: SGF: TSX-VEN
SASKATOON, SK, Nov. 24 /CNW/ - George H. Read, P. Geo., Senior Vice President Exploration, is pleased to announce the tenth set of diamond recoveries from the Star Kimberlite. The diamond recoveries to date total 2,394.35 carats from 17,928 dry tonnes processed. These results are for six 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 2,138 commercial sized diamonds (greater than 1.18 millimetre square mesh screen), collectively weighing 270.15 carats, has been recovered from the treatment of 1,721.07 dry tonnes of kimberlite. Thirty-four diamonds greater than one carat have been recovered and the four largest stones are: 5.40, 4.93, 4.10 and 4.09 carats, respectively. In addition, 228 diamonds (3.51 carats) were recovered down to 0.85 millimetre square mesh. The colour of 69 percent of these diamonds has been classified as white, with a further 10 percent classified as off-white.
These six kimberlite batches (of a total of 56 processed) have been mined from the Southeast drive (Batches 42A, 42B and 43) and the North drive (Batch 39, 41 and 44) developed from the 235 metre shaft station. All of these kimberlite batches have been recovered from within the Early Joli Fou equivalent kimberlite. Results to date have shown that higher diamond grades are associated with the Early Joli Fou equivalent kimberlite than with the Late Joli Fou equivalent kimberlite. The relationships between these two kimberlites types are illustrated in cross sections available on the Shore Gold website: www.shoregold.com.
Batches 45A, 45B, 46, 47, 48, 49, 50, 51A, 51B and 52 (all from 235 metre level) have been processed on-site and the concentrates dispatched to the sorting laboratory for final diamond recovery. Results from these batches are pending. A total of 21,000 dry tonnes has been processed through the on-site DMS plant. All batches processed to date are classified as crater facies volcaniclastic kimberlites.
Kimberlite processed and diamond results for six sample batches are listed in the table below. Grades are expressed in carats per hundred tonnes (cpht).
-------------------------------------------------------------------------
Location Diamonds Largest
Batch (metres below Dry Number of Total Grade Stone
No. surface) Tonnes Stones (carats) (cpht) (carats)
-------------------------------------------------------------------------
39 235 m Level: N drive 285.13 447 41.25 14.47 4.09
-------------------------------------------------------------------------
41 235 m Level: N drive 338.90 427 59.78 17.64 4.10
-------------------------------------------------------------------------
42A 235 m Level: SE drive 278.32 489 57.13 20.53 5.40
-------------------------------------------------------------------------
42B 235 m Level: SE drive 184.32 289 26.75 14.51 2.11
-------------------------------------------------------------------------
43 235 m Level: SE drive 344.69 326 42.14 12.23 3.39
-------------------------------------------------------------------------
44 235 m Level: N drive 289.71 388 46.61 16.09 4.93
-------------------------------------------------------------------------
Total 1,721.07 2,366 273.66 15.90
-------------------------------------------------------------------------
The four largest stones are: 5.40 (Batch 42A, Yellow), 4.93 (Batch 44,
Grey), 4.10 (Batch 41, Brown) and 4.09 (Batch 39, Off white) carats,
respectively. Sixteen diamonds exceed two carats and 34 diamonds exceed one
carat, of which 17 are white, 8 are off-white, 5 are grey, 3 are brown and one
is yellow. A total of 94 diamonds exceed 0.5 carat. Sixty-nine percent of the
total diamond parcel is classified white in colour, with a further 10 percent
classified as off-white. The diamond parcel includes 9 yellow, 3 pink, and 1
amber stone. Ninety-nine percent of the carat weight of this parcel occurs in
diamonds greater than 1.18 millimetre square mesh.
Senior Vice President Exploration, George Read, states: "These results
continue to confirm the abundance of large stones and the significant
proportion of white goods in the diamond population recovered from the Star
kimberlite. The largest stone reported in these results is a 5.40 carat,
transparent yellow octahedron. To date, bulk sample processing has produced a
parcel of 2,394 carats of which 20 percent are greater than two carats,
31 percent are greater than one carat and 43 percent are greater than
0.5 carat. In preparation for diamond valuation, a parcel of 2,025 carats has
been acid cleaned in Antwerp, Belgium and the parcel has been returned to
Canada where the valuation will take place. Arrangements have been confirmed
with a number of independent diamond valuators who will examine the diamond
parcel."
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.
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 was designed to recover a parcel of at least
3,000 carats of diamonds to enable an accurate valuation of the stones. Shore
is a Canadian based corporation engaged in the acquisition, exploration and
development of mineral properties.
http://www.newswire.ca/en/releases/orgDisplay.cgi?okey=14555
For further information
please contact: 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.
quote:
Originally posted by bill1352:
JEAL
Member posted December 02, 2004 10:00
Stock Symbol: SGF: TSX-VEN
SASKATOON, SK, Nov. 23 /CNW/ - Kenneth E. MacNeill, President and Chief Executive Officer of Shore Gold Inc. ("Shore"), is pleased to announce that Shore's application to the Toronto Stock Exchange (the "Exchange") for listing of its common shares has been accepted by the Exchange. Effective November 26, 2004, Shore's common shares will commence trading on the Exchange under the symbol "SGF" and will no longer trade on the TSX Venture Exchange.
try sgf.to...new symbol
Thanks.....
( I even remember reading that too. )
quote:
Originally posted by bill1352:
Shore announces the listing of its common shares on the Toronto Stock Exchange
Tuesday November 23, 5:23 pm ET
Stock Symbol: SGF: TSX-VEN
SASKATOON, SK, Nov. 23 /CNW/ - Kenneth E. MacNeill, President and Chief Executive Officer of Shore Gold Inc. ("Shore"), is pleased to announce that Shore's application to the Toronto Stock Exchange (the "Exchange") for listing of its common shares has been accepted by the Exchange. Effective November 26, 2004, Shore's common shares will commence trading on the Exchange under the symbol "SGF" and will no longer trade on the TSX Venture Exchange.
try sgf.to...new symbol
BREAKING NEWS!!! BREAKING NEWS!!!
If your corn cob is red, you are using it the wrong way!!! Try the long way instead of the end...that's what I was told. LOL
quote:
If your corn cob is red, you are using it the wrong way!!!
Ouch!
quote:
Originally posted by mextrader:
I am holding on to them because I don't think selling at this point is a viable option, I would be selling for a pretty significant loss. I too am holding and hoping that it goes up in the near future, my concern is that I have yet to receive any part of the GEMM dividend, which I believe I should have had by now. Please correct me if I am wrong.
Mextrader,
I have received my first GEMM dividend into my E*Trade account. I do not know who you use but some brokerages have/are not posting them yet. I do not know why.
quote:
Originally posted by bill1352:
JEAL
Member posted December 02, 2004 10:00
Bill,
Shore Gold is one of CMKX's Joint Venture partners.
quote:
Originally posted by Upside:
What are you trying to get for them?
quote:
--------------------------------------------------------------------------------
Originally posted by bill1352:
JEAL
Member posted December 02, 2004 10:00
--------------------------------------------------------------------------------
Bill,
Shore Gold is one of CMKX's Joint Venture partners.
=======================================
shore gold is an independent. they are on 1 side of the claims with debeers on the other. shore gold would not be involved with cmkx
you can sell them....at .0001
quote:
Originally posted by bill1352:
nick5leo
New Member posted December 02, 2004 17:31
quote:
Originally posted by Upside:
Isn't that the one that Urban himself started? Someone asked him when they should sell their shares and he replied "not under .50".
quote:
Originally posted by nick5leo:
why can't I sell my CMKX shares?
You can't sell your shares because CMKX is a "one way" tranaction. You can buy, but can never sell for more than you bought them for. Actually you can sell at 0.0001.
Some of us have just given up on this stock, can't sell it so it will die in our accounts. Nothing more than pipe deams to get rich on this one. No future or potential unless you name is Urban or Rodger. I can't believe that people still post on this forum, I thought that it was buried months ago. Just My Opinion.
------------------
"If We Agree To Disagree, Then We Can Remain friends"
Weren't you one of the faithful not long ago?
People will and should always post opinions about this stock as long as people like Sterling and the rest of the faithful are pumping the heck out of it. There just maybe a few peoeple left that might believe their pumping.
quote:
Originally posted by will:
Doctoall:Weren't you one of the faithful not long ago?
People will and should always post opinions about this stock as long as people like Sterling and the rest of the faithful are pumping the heck out of it. There just maybe a few peoeple left that might believe their pumping.
Will: the answer is yes I was one of the misguided who believed in this stock. I still hold about 12mil shares at 0.0001, and it was bought with fun money. But bought in blindness with all the pumping of Melvin, Sterling and Dr Diamond. Just would not like to see others taken in thats all.
------------------
"If We Agree To Disagree, Then We Can Remain friends"
wow now THATS a shareholder's party!!!
15th March - Arrive at Hilton Hawaiian Village Beach Resort & Spa ~ - ~ 16th March - Leisure Day ~ - ~ 17th March - Meet the Troops (This is a free flow day where members drop in for a chat with other PIPS members and staff. Refreshments are free flow all day. Start time at 8:30am and end at 5:00pm) ~ - ~ 18th March - Convention Day 8:30am Registration 9:00am VIP Arrival 9:15am - 9:30am Open Convention 9:30am - 11:00am Presentations 11:00am - 11:30am Coffee Break 11:30am - 1:00pm Presentations 1:00pm - 2:00pm Lunch 2:00pm - 3:15pm Presentations 3:15pm - 3:45pm Coffee Break 3:45pm - 5:00pm Presentation Plus Q & A Session ~ - ~ 19th March - Golf (144 Players Max) 7:30pm Guests Arrival 8:00pm Welcome Speech 8:15pm Dinner is Served (Cultural Type Performance During Dinner) 9:15pm Golf and Other Trophy Presentations 9:30pm Cabaret Entertainment 10:30pm / 11:00pm Start Dancing 1:00am Close ~ - ~ 20th March - Transfer To Big Island, Hilton Waikoloa Village ~ - ~ 21st - 22nd March - Leisure Time ~ - ~ 23rd March - Farewell Party 7:30pm Guest Arrival 8:00pm Welcome Speech 8:15pm Dinner is Served (Cultural Type Performance During Dinner) 9:30pm Cabaret Entertainment 10:30pm / 11:00pm Start Dancing 1:00am Close ~ - ~ 24th March - Return Home
Got sippy cups kidz???
Glad to see you are still around and check in once in a while.
You wrote:
"Just would not like to see others taken in thats all."
Sterling, Dr D, Melvin and Green Baron aren't the only ones that took in people on CMKX. There are quite a few on the CT site that did the same on a more consistent basis.
That, to me, is more the pity. Then, when anyone showed the REAL facts and projected future results, they were ripped into unmercifully...and by almost all of those very same people on the CT board. Even the blind leading the blind do a better job of accomplishing positive goals!
------------------
"If We Agree To Disagree, Then We Can Remain friends"
[This message has been edited by legaleagle (edited December 03, 2004).]
according to ameritrade there is no second divy coming. that is as of Wedn. when i called. the 28th is the date the 15th was pushed back too. ameritrade gave it out on the 15th but should have held it till the 28th. there is no second divy coming as far as they know.
quote:
Originally posted by legaleagle:
If all you ever hear is negative, then you will become negative as well. Some of us look at both sides before reaching a verdict.[This message has been edited by legaleagle (edited December 03, 2004).]
legal,
Just substitute "positive" for "negative" in your above post and that is the harm done in the case of CMKX. Facts were facts and so many refused to acknowledge them. Instead, they speculated on "potential" or opinionated pumpers who saw all kinds of diamonds in that worthless Carolyn pipe and fly overs with 100s of anamolies.
quote:
Originally posted by legaleagle:
If all you ever hear is negative, then you will become negative as well. Some of us look at both sides before reaching a verdict.[This message has been edited by legaleagle (edited December 03, 2004).]
Some of us have been on both sides and it looks the same from all angles. We loose and Urban and Gang get richer. Before I look at this stock positive, they (Urban) will have to show me something better than he already has. I could be wrong, but as I said "show me the proof" and things may get brighter for me. So far I feel that I have been burnt as have many others. "Don't invest more than you can afford to loose in this stock".
Some of you who post in this room may remember my positive post in the past and i was not always negative until I got burnt.
People need to make up their own minds about buying this stock, all I want them to know that it looks better than what it actually is or at least has played out thus far.
------------------
"If We Agree To Disagree, Then We Can Remain friends"
quote:
Originally posted by Doctoall:
Some of us have been on both sides and it looks the same from all angles. We loose and Urban and Gang get richer. Before I look at this stock positive, they (Urban) will have to show me something better than he already has. I could be wrong, but as I said "show me the proof" and things may get brighter for me. So far I feel that I have been burnt as have many others. "Don't invest more than you can afford to loose in this stock".Some of you who post in this room may remember my positive post in the past and i was not always negative until I got burnt.
People need to make up their own minds about buying this stock, all I want them to know that it looks better than what it actually is or at least has played out thus far.
"at least has played out thus far." Those are the key words "Doc".
We haven't seen the whole play yet. IMO I am hearing that the last witness was just deposed on Wednesday at the SEC. Unless there is more "investigation" warranted, that should be the completion of it, freeing up USCA's MM to file a 211 for moving back to OTCBB or possibly higher. With that done, partner CMKX would be free to move on it's filing, which I think will be simultaneously submitted in Sask. All IMO.
I am waiting patiently like everyone else. But we don't have to "chew off our own leg" while waiting.
[This message has been edited by legaleagle (edited December 03, 2004).]
quote:
Originally posted by bill1352:
i think i hear a lady singing somewhere and she doesn't sound skinny
quote:
Originally posted by bill1352:
i think i hear a lady singing somewhere and she doesn't sound skinny
Yep she has been practicing for months and soon will belch out her tune to mark the end. I hope that I am wrong but not much evidence to prove different.
------------------
"If We Agree To Disagree, Then We Can Remain friends"
[This message has been edited by Doctoall (edited December 03, 2004).]
quote:
Originally posted by wnycowboy:
It's been a long time since that last press release. Anyone got a guess on what the next one will be and when?
urban pr's "ooops!!! i'm sorry but thanks for the free hummer and a racecars!!"
quote:
Originally posted by ohsnap:
urban pr's "ooops!!! i'm sorry but thanks for the free hummer and a racecars!!"
Next PR "When Hell Freezes Over And The Devil Learns To Skate". Does anyone know if Urban or Glenn know how to skate? If they do then maybe it will be soon
------------------
"If We Agree To Disagree, Then We Can Remain friends"
[This message has been edited by Doctoall (edited December 03, 2004).]
quote:
Originally posted by ed19363:
Okay, rumors are flying on some of the other boards that the date for the second GEMM divy has been pushed back to Dec. 10.
I dont know where this info came from or who started it. I imagine one of these days CMKX will open it's mouth and more than air will come out. We are so desperate for a PR, that most of us are running in circles.
LOL
No rumor. http://www.otcbb.com/asp/dividend.asp?sym_id=CMKX&sDateType=ex_dt
quote:
Originally posted by dwman:
No rumor. http://www.otcbb.com/asp/dividend.asp?sym_id=CMKX&sDateType=ex_dt
[This message has been edited by SmokingUSA (edited December 03, 2004).]
quote:
Originally posted by SmokingUSA:
Steve:
I hope not because then I would get 0 because I just received
mine from last month today!
J000820 JUINA MINING CORP (NEW)
RESTRICTEdSmoking, I just pulled my Ameritrade account, I show 471 shares of Restricted stock. It has been in my account for almost a month. The way I read the report I will receive another 471 on 12-15-04. I still haven't determined what the restriction is. Ameritrade claims they don't know either!
Steve
[This message has been edited by SmokingUSA (edited December 03, 2004).]
quote:
Originally posted by Esteban:
Oops, my bad! I meant to say 12-10-04 in both previous posts.
Steve
quote:
Originally posted by Wallace#1:
Hey Doc,Glad to see you are still around and check in once in a while.
You wrote:
"Just would not like to see others taken in thats all."Sterling, Dr D, Melvin and Green Baron aren't the only ones that took in people on CMKX. There are quite a few on the CT site that did the same on a more consistent basis.
That, to me, is more the pity. Then, when anyone showed the REAL facts and projected future results, they were ripped into unmercifully...and by almost all of those very same people on the CT board. Even the blind leading the blind do a better job of accomplishing positive goals!
The past couple days I have been talking to a class action attny about another stock I had seen on the class action list. I mentioned to this attny about CMKX and how I lost BIG time $ as with many others. I also stated that if there is a class action against them that I would love to be lead plantif. And that if anyone were to look at the canadian court records about urban and his manipulating past they may find some dirt. The attny responded that they are going to look into it and thanked me for the tip.
Hopefully we can get back some cash!!
Mighty interesting response you got from that attorney. Please keep us informed as to anything you might learn. GLTY
Goodnight. Sleep tight!
[This message has been edited by SmokingUSA (edited December 04, 2004).]
quote:
Originally posted by dwman:
No rumor. http://www.otcbb.com/asp/dividend.asp?sym_id=CMKX&sDateType=ex_dt
quote:
Hopefully we can get back some cash!! [/B]
Trading, you are being a bit presumptious. I don't want you speaking for me. Nor do I want you doing anything to further delay the culmination of whatever might become of cmkx. If it only goes .004 in the next two years, I figure 40,000 dollars per year for those two years will be worth the fun money I invested. If you want to consult an attorney, do it on your own. Leave my investment alone please.
[This message has been edited by dwman (edited December 04, 2004).]
--------------------------------------------
"LAS VEGAS--(BUSINESS WIRE)--Aug. 2, 2004--CMKM Diamonds Inc.
(Pink Sheets: CMKX - News) announced today that it has elected to distribute
the 95,502,027 shares of Juina Mining Corp. (Pink Sheets: GEMM - News)
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."
--------------------------------------------
Note that the number of shares to distribute in the first dividend is 95,502,027.
The number of shares for the second dividend is 127,336,036.
Unless there was an increase in the OS that exactly duplicated the percentage of rise in the number of divy 2 shares distributed, you would not get exactly the same distribution rate of .00012267
Call your broker, I think you will discover that they have not yet received the certs for the first dividend, and have not credited your account with 'real' shares.
If that doesn't work, call the TA, you will find that they have not yet sent the certs for the first dividend yet.
[This message has been edited by highwaychild (edited December 04, 2004).]
If on the other hand the company is legit, the cost and time involved in defending itself could pretty much wipe it out as well. It's a no win situation by getting attorneys involved.
quote:
Thanks Upside. You get two more days of free digging from me. lol
Just might have to take you up on that as I'm converging on a new back yard drill site. Using the latest magnetic resonating technology, I tied a huge, powerful magnet to my dogs collar and sent him out to pace the back yard. After about 10 minutes his head was pulled to the ground with such force it almost knocked him out and the magnetic signature was so strong he couldn't free himself, he was stuck. Looks like a huge pipe to me! Here there be kimberlite!
quote:
Originally posted by Upside:
originally posted by dwman:
Just might have to take you up on that as I'm converging on a new back yard drill site. Using the latest magnetic resonating technology, I tied a huge, powerful magnet to my dogs collar and sent him out to pace the back yard. After about 10 minutes his head was pulled to the ground with such force it almost knocked him out and the magnetic signature was so strong he couldn't free himself, he was stuck. Looks like a huge pipe to me! Here there be kimberlite!
Was that an "air BONE" survey? LOL
quote:
Upside
Was that an "air BONE" survey? LOL
Now that's funny! LOL!
quote:
Originally posted by tradingpennys:
The past couple days I have been talking to a class action attny about another stock I had seen on the class action list. I mentioned to this attny about CMKX and how I lost BIG time $ as with many others. I also stated that if there is a class action against them that I would love to be lead plantif. And that if anyone were to look at the canadian court records about urban and his manipulating past they may find some dirt. The attny responded that they are going to look into it and thanked me for the tip.
Hopefully we can get back some cash!!
Tradingpennys, you might also ask him what the ramifications of a counter suit may be to you and your class.
And remember that if you separate yourself out as a minority "class" and take actions that hinder or impede the rest of the shareholders from benefiting from their ownership rights, you may invite yet another counter suit from the "longs" as well. All IMO
[This message has been edited by legaleagle (edited December 04, 2004).]
[This message has been edited by legaleagle (edited December 04, 2004).]
http://www.investorshub.com/boards/read_msg.asp?message_id=3667111
[This message has been edited by legaleagle (edited December 04, 2004).]
[This message has been edited by Upside (edited December 04, 2004).]
quote:
Originally posted by Upside:
You're right legal, they might own claims to a lot of the land but just like my back yard, there's nothing there. Take a look at the kimberlite cluster path, that's where everyone is concentrated, not miles away where there's probably just dirt. Another thing, the map that you linked is straight from CMKX, it's their promotional map that they give away at the races. On the official map located here, http://www.explorationgis.com/pa_falc_claims.html you can see that as usual there is no mention of CMKX. The claims that CMKX says they own are listed with a number for the claim holder.[This message has been edited by Upside (edited December 04, 2004).]
Upside wrote:Take a look at the kimberlite cluster path, that's where everyone is concentrated, not miles away where there's probably just dirt.
To me that cluster path seems to be pointing right to Candle Lake.CMKXs' claim numbers surounds it along with Navada Minerals it looks like.
Reminds me of the story of Chuck Fipke and how he discovered diamonds in the Canadian arctic.He found his diamonds by staying upside of the glacier movment of where DeBeers was located.
quote:
Originally posted by Upside:
[B] On the official map located here, http://www.explorationgis.com/pa_falc_claims.html you can see that as usual there is no mention of CMKX. The claims that CMKX says they own are listed with a number for the claim holder. [B]
[This message has been edited by highwaychild (edited December 04, 2004).]
quote:
Originally posted by Upside:
You're right legal, they might own claims to a lot of the land but just like my back yard, there's nothing there. Take a look at the kimberlite cluster path, that's where everyone is concentrated, not miles away where there's probably just dirt. Another thing, the map that you linked is straight from CMKX, it's their promotional map that they give away at the races. On the official map located here, http://www.explorationgis.com/pa_falc_claims.html you can see that as usual there is no mention of CMKX. The claims that CMKX says they own are listed with a number for the claim holder.[This message has been edited by Upside (edited December 04, 2004).]
Upside the "kimberlite cluster path" that you reference was established from reports by the mining companies. We have not reported on anything other than one sample at Carolyn Pipe. Are you trying to say that the only "pipes" or clusters are just the ones indicated?
I don't think we yet know where all of the "trunks" are located. Those clusters could just be the "branches" of the pipe, with the trunk located right in the middle of CMKX claims. We won't know until our exploration is completed.
As to the maps, "maps are maps". I don't see any major differences between the Sask maps and the company map.
As to whom the claims belong, the use of a number or the name of a company is irrelevant. What is important is the name Emerson Koch.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Entity No: 101047025
Entity Name: 101047025 SASKATCHEWAN LTD. As of: 15-Nov-2004
________________________________________
Entity Name: 101047025 SASKATCHEWAN LTD. KOCH, EMERSON
Entity Number: 101047025
Status as of Profile date: Active
________________________________________
Entity Type: BUSINESS CORPORATION
Entity Sub Type: SASKATCHEWAN CORPORATION
________________________________________
Incorporation Date: 30-Jul-2003
Home Jurisdiction: SASKATCHEWAN
Annual Return/Renewal Date: 31-Aug-2005
Nature of Business: HOLDING COMPANY
________________________________________
Registered Office:
Name: 101047025 SASKATCHEWAN LTD.
Address: 350 LANGDON CRESCENT
City/Province: MOOSE JAW, SK
Country/Postal Code: CANADA, S6H0X4
Attention: GEORGE W. PATTERSON
________________________________________
Mailing Address:
Name: 101047025 SASKATCHEWAN LTD.
Address: 350 LANGDON CRESCENT
City/Province: MOOSE JAW, SK
Country/Postal Code: CANADA, S6H0X4
Attention: GEORGE W. PATTERSON
________________________________________
Allowable Number of Directors: Min: 1 Max: 10
________________________________________
Director/Officer/Shareholder Information:
Dir Became: 30-Jul-2003
Name: KOCH, EMERSON Director: YES
Address: BOX 63 Officer Position: PRESIDENT & SECRETARY-TREASURER
City/Province: TUXFORD, SK Shareholder: YES
Country/Postal Code: CANADA, S0H4C0
Resident Canadian: YES
Class Name: COMMON A
Shares Held: 1000.00
________________________________________
Share Structure:
Class Voting Rights Authorized Number Issued Number
COMMON A YES UNLIMITED 1000.00
COMMON B YES UNLIMITED .00
COMMON C NO UNLIMITED .00
PREF E NO UNLIMITED .00
PREF F YES UNLIMITED .00
PREF G NO UNLIMITED .00
PREF H YES UNLIMITED .00
SPEC D YES UNLIMITED .00
Total Number of Shares issued: 1000
________________________________________
General Information:
Licensed with Consumer Protection Branch: NO
________________________________________
Event History:
Event Date
INCORPORATION (Filed on the Web) 30-Jul-2003
GENERAL INFORMATION (Filed on the Web) 08-Aug-2003
ANNUAL RETURN (Filed on the Web) 11-Aug-2004
******************************************************************************************
Claim Holder
Total Area (acres)
All "numbered" companies
101012190 SASK. LTD. 100%
101023310 SASKATCHEWAN LTD. 100%
101027101 SASK. LTD. 100%
101047025 SASKATCHEWAN LTD. 100% (contains Smeaton claims)
101050803 SASKATCHEWAN LTD. 100%
101053292 SASK. LTD. 100%
1,089,895 Nevada Minerals, Inc.
283,608 Debeers
55,707 Uravan
31,743 Consolidated Pine
16,430 Shane Resources
14,866
***********************************************************************************************************************
And who is Emerson Koch?
"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."
http://www.stockpatrol.com/article/key/u_cmkm3
KIND OF MAKES YA WISH YA HAD MORE CIM, HUH?
You mean the non-existant company that was suppose to go public in 2003? CMI CIM whats the difference its all BULLSH1T...
You kidz got burned ... enjoy!! =)
quote:
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."
Here's a link to CIMs current list of officers. No Emmerson Koch. Type in "Casavant" then click the middle selection (CIM) then click on "view selection.
http://sos.state.nv.us/corpsrch.asp
[This message has been edited by Upside (edited December 04, 2004).]
quote:
Originally posted by Esteban:
[QUOTE]Originally posted by Upside:
[b]originally posted by dwman:
Just might have to take you up on that as I'm converging on a new back yard drill site. Using the latest magnetic resonating technology, I tied a huge, powerful magnet to my dogs collar and sent him out to pace the back yard. After about 10 minutes his head was pulled to the ground with such force it almost knocked him out and the magnetic signature was so strong he couldn't free himself, he was stuck. Looks like a huge pipe to me! Here there be kimberlite!
[/B][/QUOTE]
ONLY IF THEY WERE FREE SHARES !!!
I wouldn't give these pigs another dime until what you speculate about is confirmed or denied. They have NEVER been forthright or forthcoming, no one knows squat about what these clowns have, are, or do for real. My vote is they are liars and thieves until they prove me wrong with facts not speculation from the rabid hopeful.
quote:
Originally posted by will:
"KIND OF MAKES YA WISH YA HAD MORE CIM, HUH?"ONLY IF THEY WERE FREE SHARES !!!
I wouldn't give these pigs another dime until what you speculate about is confirmed or denied. They have NEVER been forthright or forthcoming, no one knows squat about what these clowns have, are, or do for real. My vote is they are liars and thieves until they prove me wrong with facts not speculation from the rabid hopeful.
Great post Will, I shall print it out and hang it above my monitor.
Steve
quote:
Originally posted by Upside:
originally posted by legaleagle:
Here's a link to CIMs current list of officers. No Emmerson Koch. Type in "Casavant" then click the middle selection (CIM) then click on "view selection.
http://sos.state.nv.us/corpsrch.asp
[This message has been edited by Upside (edited December 04, 2004).]
Upside, I am sure you know that the Nevada SOS site is rarely up to date. I guess we have to leave this one until Monday morning when they can be contacted directly.
However, my link to the information was "Stock Patrol", the flagship of "basher" media. Surely you don't think for one minute that they didn't check their information and sources before going to print do you? 
Note that in Canada, holding companies incorporate under numbers and name. As posted:
101012190 SASK. LTD. 100%
101023310 SASKATCHEWAN LTD. 100%
101027101 SASK. LTD. 100%
101047025 SASKATCHEWAN LTD. 100% (contains Smeaton claims)
101050803 SASKATCHEWAN LTD. 100%
101053292 SASK. LTD. 100%
Thus (number) Saskatchewan Ltd. are various holdings each identified by a different number. These are filed by an attorney for the company in order to maintain privacy of the identity of the owner. This is essential in negotiations and filings, and are found frequently for companies dealing in natural resources; oil and gas, minerals, etc. It is sort of like if John Doe comes and offers to purchase your home, vs. McDonalds approaching you to buy your home. Chances are you would set a much higher price for the latter.
If CMKX is negotiating and filing in a diamond rich environment, they do not want to announce to the world what they are doing, and who they are. Makes "red flags" go up prematurely.
So they approach an attorney, who forms a holding company such as 1023456 Saskatchewan Ltd. and purchase the mineral rights. On the second deal they use a different number 1367478 Saskatchewan Ltd., and so on.
Now if this is the case that CIM, CMKX or USCA want to purchase mineral rights they may appear as any differnt numbers of Saskatchewan Ltd.
That being said, if everything is legitimate we should find an address for an attorney being used for these deals. Lets try: 350 Langdon Crescent, the address listed for Emerson Koch and our holdings, and we get:
George Patterson Grayson & Co.
350 Langdon Crescent <<<<<<<<<<<<<<<<<<<<<<<
Box 908
Moose Jaw, SK. S6H 4P6
Ph: (306) 693-6176
Fax: (306) 693-1515 http://www.collabsask.com/moose.html
So you say we can't prove ownership by CMKX or it's JVs. You are right, after all, that was the way they planned it.
However, if they didn't really own all of those mineral rights don't you think that maybe someone would object to their claims. Say someone like DeBeers.
quote:
Originally posted by will:
"KIND OF MAKES YA WISH YA HAD MORE CIM, HUH?"ONLY IF THEY WERE FREE SHARES !!!
I wouldn't give these pigs another dime until what you speculate about is confirmed or denied. They have NEVER been forthright or forthcoming, no one knows squat about what these clowns have, are, or do for real. My vote is they are liars and thieves until they prove me wrong with facts not speculation from the rabid hopeful.
Uhhh it was free shares.
quote:
Originally posted by legaleagle:
Uhhh it was free shares.
quote:
Originally posted by bill1352:
CIM is IMO the dark horse here but as with everything in cmkx it has a hook. its restricted. cmkx's o/s is stupid. there is nothing that can make it run. when it ran in april nobody had a clue about the o/s, in 2003 it was hundreds of millions. chances are it was also naked shorted & thus needed covering. add to that a .0001 to .0002 pps & with the hype ppl were buying 10 milion at a time. today we know the o/s is hundreds of billions so nobody but the foolish are buying 10's of millions at a time. if someone bought 1 billion shares it wouldn't move more then .0001. thus CIM. the divy had to be cut in half by the split number results, 4 divy numbers & its twice 3 of them. its the only realistic answer. if cmkx ever finds something worth mining it can be folded into CIM & go from hundreds of billions to 10's of billions of shares. still not good but better. but unless it gets unrestricted by the company in a way that we don't get charged its still worthless
quote:
Originally posted by will:
So, if I understand you correctly, you are saying it is worthless, and you would only want more if they were ABSOLUTELY FREE.
How would anyone know if any of these company or divy shares are worthless. We have no "proof", either way. CMKX and Roger Glenn have the answers, and they are not telling us yet. I strongly suspect there is good reason for that.
Yes, I know, "they're not telling us because "they are all a bunch of crooks".
Well that answer would require that Roger
Glenn, is now complicit in a crime. That he has sacrificed his career, his reputation, and that of his company.
It would require that the attorney in Saskatchewan who was creating our "******* Saskatchewan Ltd. holdings was complicit and sacrificing his reputation and career.
It is estimated that there are 45-70,000 sharholders watching every move this company and law firm makes. If this company folds up it's tents and goes away, there will be a "hue and cry" sweep across this country, unequaled since Enron, and maybe exceed it. Glenn knew this going in. His research department knew every aspect of this company and its stock before the senior partners sat around that oak table. And viewing the research, they decided that this was a good case to involve themselves in.
I am sure you will say they only got into it to get a big retainer fee. Well, it doesn't work that way. No company with the reputation, assets and income of Edwards & Angell will place themselves at public risk for a fee.
Right now, IMO, Roger Glenn is facing challenges from the SEC, DTCC, the power and weight of the MM's who are "naked" on this one. He is defending on challenges from the Sask Commission, and still trying to finish up the USCA case with the SEC, and get them back up to OTCBB or higher, while still preparing to get CMKX reporting and on a higer board. He is being bombarded by shareholders calling his office and e-mailing him with demands on this stock and the timing that they want to see. Well, too bad, he will move when the time is right and not before. You see those who are questioning his strategy are not professionals, he is.
Because of the public interest in this stock, he must ultimately answer, either to us or Federal investigators. This cannot just slip away into the darkness of night. There will be an answer. The only question now is, will you be patient enough to see that answer? Will you be a professional investor or an amateur clamoring for answers when you want them instead of when the time is right? Who can sell at .0001 or .0002, when there is so much potential for owning a piece of what could be, and what appears to be taking shape, a Precious Metals Empire.
You can bash the company day and night, but the fact remains that you still do not have any hard evidence of any wrongdoing by this company in it's current position. Because like those who are 'long', we don't have any evidence either, because the company hasn't announced anything yet.
I know, "BUT WE HAVE AN OS OF 800 BILLION". I have heard that over and over here. But the fact remains that you do not know that. You base that on the 'divy' ratios reported by the OTCBB. Has anything been "normal" about the divy distribution and rates reported by the OTCBB? Where is the second distribution of GEMM? Why does the distribution ratio of CIM indicate that there is 1.5 trillion shares outstanding? If you believe that that distribution rate is correct, then you have to admit to a naked short of at least 700 billion. You can't selectively choose the ratios offered by the OTCBB, and say there is my proof of an 800 billion OS. Urban Casavant stated in one of the divy PRs that he wanted "every shareholder" to get a divy. That means even the naked shorted shareholders were to receive a dividend. So, that being a fact, we still cannot use OTCBB numbers as a basis for establishing the true "float".
You see, the divy confusion results from the number of shareholders out there. That is why you are only seeing "markers" placed in your accounts. They don't have enough dividends to go around.
It was all part of Roger Glenn's plan to trap "shorty", IMO, whether that be MM or 'hedge fund'. They are trapped. And the only way to see the whole thing play out is to wait.
All of the crying shareholders, all of the bashers trying to instill panic, fear and worthlessness in this stock will not hasten that conclusion. We have a professional at the helm, and this ship is nearing port. All of the above, in my humble opinion.
[This message has been edited by legaleagle (edited December 05, 2004).]
[This message has been edited by legaleagle (edited December 05, 2004).]
[This message has been edited by legaleagle (edited December 05, 2004).]
StockGate: SEC Paper Presented at SIA Symposium Calls Counterfeiting 'Pervasive'
Nov 29, 2004 (financialwire.net via COMTEX) -- (FinancialWire) The recent Securities Industry of America symposium on Regulation SHO, which was supposed to curtail illegal naked short selling, only further deepened the U.S. Securities and Exchange Commission divide as a dramatic ' some say startling ' new 22-page working paper, "Strategic Delivery Failures in U.S. Equity Markets," was published.
Moderators at the symposium included Steven Kessler, Associate General Counsel for Goldman Sachs & Co. (GS), and Deborah Mittelman, Deputy Director of Global Compliance for Reuters' (RTRSY) Instinet. Panelists included Jeffrey Bernstein, Senior Managing Director of Bear Stearns (BSC), and Robert O'Connor, Executive Director of the Law Department for Morgan Stanley (MWD).
The referenced working paper by University of New Mexico Professor Leslie Boni was initiated while the author was visiting financial economist at the SEC.
She termed the "failures to deliver," which litigants have called "counterfeiting," as being "pervasive."
The full report is published at http://www.investrendinformation.com
Dave Patch, editor of "Stockgate Today," credited the SEC with "putting members on notice that the settlement failure issues presently floating in the markets must be changed."
Patch quoted Boni as noting that "strategic failures" occur "when the short sellers choose not to deliver shares that would be too expensive to borrow". Her analysis of Regulation SHO was that, "pre-Regulation SHO, equity and options market makers strategically failed to deliver shares that were expensive to borrow or impossible to borrow".
Boni said "strategic fails (i.e. naked short sales) likely accounted for a higher percentage of short interest pre-Regulation SHO than previously understood".
The professor said that a whopping 42% of listed stocks at the New York Stock Exchange, NASDAQ and AMEX, and 47% of unlisted stocks in the OTCBB and Pink Sheets had persistent fails of 5 days or more with 4% being above the SEC's threshold limits for failures.
Balance of the article at: http://www.investors.com/breakingnews.asp?journalid=24169752&brk=1
[This message has been edited by legaleagle (edited December 05, 2004).]
DiamondDiver
Dr. Of Diamonds
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200 more dollars for your CMKX Shares
« Thread started on: Today at 2:23pm »
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than the market makers will give for 5,000,000 shares of CMKX. Perferable someone with an Ameritrade Account.
I will give you a total of $700.00 for 5,000,000 CMKX shares.
Also, would like to purchase a Casavant diamond for my lovely wife, does anyone know if this is possible?
TIA
Logged
http://cmkxdiamond.********s32.com/index.cgi?board=general&action=display&num=11022746 06
[This message has been edited by legaleagle (edited December 05, 2004).]
[This message has been edited by legaleagle (edited December 05, 2004).]
quote:
Originally posted by highwaychild:
I wish it all the companies would go CIM somehow.It would make everything ALOT simpler to follow.LOL
Now that's downright laughable and a bit pathetic. Got burned? How do you figure that unless someone bought much higher. I sure haven't gotten burned. Also, if your really believe that cmkx will go belly up then how do you justify that thought. You don't have anymore information than the rest of us. Seems to me you would be wiser to hold these kinds of statements until this thing plays out in a filing or bankrupt. I am underwhelmed by your bashing talents, osnap. jmo.
quote:
Originally posted by ohsnap:
CIM??You mean the non-existant company that was suppose to go public in 2003? CMI CIM whats the difference its all BULLSH1T...
You kidz got burned ... enjoy!! =)
What they did is take their family claims and rolled it over into a company called CMKX.
Urban has a vote
The Casavants have a vote collectively
Majority Shareholders have a vote.
Thus it is impossible unless a riff between the casavants to take over the company. Even if you become a majority shareholder you only have one vote with Casavants holding the other two.
What is also neat about the setup is the claims themselves cannot be used to settle debt in case of a bankruptcy. It is cool how they protected the rights for the Casavant family.
This is a family venture.
Before people start with the "then just sell your shares and leave us alone" comments....Its ok to feel fustrated with a stock. Doesnt mean Im willing to sell, yet. Though I did add to my shares when the CMKX was .0004, So I could sell those claim the loss then buy them back Jan 1st at .0002.
Anyways the point is, for the past 3 years ALOT of promises have been made from urban. Not all pinks act this way.
Dman
Mr. R. Glenn,
As promised in Tuesday's email. Our group has initiated a "sell off" at .0001 of roughly 16 Billion Shares. We have sold 1.6 Billion CMKX shares so far at .0001 which is roughly 10% of our holdings. We are only "Routing Threw NITE, JEFF, SCHB & CRWN". We will continue to "Route Threw NITE, JEFF, SCHB & CRWN"" until all 16 Billion shares are exhausted.
As Promised, the continued lies and no news from "All" CEO's involved have forced a "Large" shareholder group to take action on behalf of all CMKX shareholders. We are currently working with other CMKX shareholder groups to route only threw "NITE, JEFF, SCHB & CRWN".
When all of the lies Urban, Rendal, Ed and Melvin told us never came true, As a group we decided that it was time to take action. Today, December 3, 2004 The CMKX shareholders are supplying the "Request" of the Sask. Financial Services Commission and the U.S.A. Security Exchange Commission Enforcement agency with "Information they requested" from shareholders.
Here are just a few of the Lies we were told by Urban, Rendal, Ed, and Melvin repeatedly. Shareholders were told 5 months ago "Core samples due out Friday" still no results. We were told the O/S would be PR'ed 9 Months ago...still no o/s. We were told a CMKX Filing for OTCBB months ago, we are still a "Non reporting pink sheet stock. Urban told us CMKX would be $3 a share very soon, 6 months ago. We were told 100 times Urban was retiring shares yet he increased the a/s to 800 Billion shares so far. Ed Dhonau told us Cash dividend on Monday "5 months ago". Rendal Williams got us shareholders to buy UCAD because it was going to $25 then 3 for 1 split then run it up again, end result, USCA was halted, then once halt was lifted Ed Dhonau sold 200K at $4.10 and now the stock is $2 a share.
It looks really good when a "New Exploration" Company trying to raise money has it's CEO's Bailing left and right, before and after a SEC halt.
We as shareholders have had enough of the Race cars, Race Bikes, Lies of o/s, Lies of Filings, Lies of Cash dividends, Lies of Share Retirement and tired of watching our CEO's bail with {Millions of Dollars} of our Money.
We are Certain that the Sask. SEC and U.S.A. SEC can ensure us shareholders are treated fairly.
We gave our word that "No Action" on the companies part by Wednesday December 3,2004 then Shareholders would act on our own behalf. Too bad it had to come to this. I expect Massive selling off followed by 14 Class action Law suits from our various groups against "All" CEO's involved next week.
Over the next week we will continue Selling at .0001 and routing threw "NITE, JEFF, SCHB & CRWN". Today Shareholders have begun Mailing back there CIM, CMKX & UCAD Certificates.
**All we ever asked of Urban was Audited Financials and an O/S. Nothing more.
Sincerely,
Angry Shareholder Group
- - - - -
planefun
God of Diamonds
member is offline
UC, wake me up when you are ready to PR BIG NEWS
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Re: Angry Shareholders Help Covering + Lose in pro
« Reply #10 on: Dec 5th, 2004, 08:17am »
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on Dec 5th, 2004, 02:13am, nicolasraage wrote:I dont necessarily disagree with him being upset at the info not given to us as promised. I think the lawsuit threat is a bit premature, and rediculous.
The funny thing is, if we do get a pr now, he will think it is because of his letter.
Well, boys and girls, not only is the lawsuit threat ridiculous ("14 class-action lawsuits") ---- sorry, IF there were to be ANY .... the judge would throw out 13 of them and consolidate all "claims" into just 1 class-action lawsuit, so, IMO, the "Angry Shareholder Group" would be wasting lawyer's fees filing separate class-action lawsuits...... but I guess the "author" of this so-called email/letter to RG isn't smart enough to figure that out for himself....
..... oh, I forgot, "they" have 16 billion shares to sell at .0001 "threw" NITE, JEFF, CRWN, etc. .... so they must have the money ......
oh, wait, they're "supposed" to be dumping 1.6 billion shares at .0001 every day for the next 10 trading days starting "Wednesday, Dec. 3" ......
well, Wed. was Dec. 1 (not the 3rd) ---- Friday was Dec. 3, however, none of the past 3 trading days had transaction volume at .0001 anywhere near approaching a billion shares .... it was more like a hundred million shares traded at .0001 (at most).... at that rate, the "Angry Shareholder Group" would need about 160 trading days (i.e., 8 months) to "dump" their 16 billion shares at .0001 ......
yeah, right ......... it ain't happening boys and girls
the whole letter is a hoax, just like the "stolen" Carolyn report ..... ROFLMAO .... I have to admit these folks are getting more and more "creative" all the time .....
BUT NOBODY BELIEVES ANY OF THE CRAP-OLA ! ! !
IMO, the real entertainment starts very soon ..... just you wait ...... after CMKX announces their filing, valuation, share structure, and begins PR'ing their drilling results, and much more ...... we'll all be giddy ..... just like kids at Christmas
quote:
Originally posted by will:
"KIND OF MAKES YA WISH YA HAD MORE CIM, HUH?"ONLY IF THEY WERE FREE SHARES !!!
I wouldn't give these pigs another dime until what you speculate about is confirmed or denied. They have NEVER been forthright or forthcoming, no one knows squat about what these clowns have, are, or do for real. My vote is they are liars and thieves until they prove me wrong with facts not speculation from the rabid hopeful.
you didn't mention burning up your money with race cars instead of drilling with it. i mentioned before that i used to drag race in my youth (60s) and it was expensive THEN. anyone who didn't get their basis back out when they could is learning a tough lesson. this has never been a real company. if they were they would report to their shareholders. it has been a story laden lesson that if it sounds too good to be true, it usually is.
thanks up...lol
Dwman - ?????????? GLTY
Bill - wouldn't have bothered me if you sold it all! Never a need to feel guilty if you have an opinion about a stock but do not own it. The sages on WS do it all the time.
History...
[This message has been edited by Allstocks (edited December 07, 2004).]
Besides, noahltl has now done what he had to do to feel comfortable and dwman is a big person with a thick skin...got it from those outhouse catalogs. Man, if you have never experienced that one in the middle of a cold winter night with the outhouse some distance away, you don't know what you are missing. This guy will flake right off him like the empty sockets of a corn cob.
quote:
Originally posted by Upside:
Used to visit my Grandfather in Mt. Gilead, Ohio every winter. He had indoor plumbing but he also kept an outhouse. As a youngster, I used to love getting up in the middle of the night, freezing my little guys off, and run outside and use the outhouse. He always had a stack of newspaper, catalogs, and other assorted stuff there but I always assumed it was reading material as there was toilet paper there also. Now I know better. Last year my wife and I went back there to visit (the land is still in the family) and was disappointed to find that the outhouse was long gone.
quote:
Originally posted by bill1352:
i put $1,011 in & got $197 back...lol. at least at a casino i would have seen a bunch of short skirts & low cut tops....lol but then casino's dont give you bedtime stories like zen, dr.d & sterling
LOL...
Bill, be serious for a moment here and give me an honest opinion. Do you really and truely think that UC and RG et al will walk away from this company leaving a shell or declare bankruptcy? The reason I ask, is because, as I see it, that would be the only way I could lose everything I invested. As I said before, what I invested was money that I put in with the expectation that I might lose every .01 cent.
quote:
Originally posted by Upside:
Your right Wallace but that's all this guy does is attack people. He's the same one who delighted in posting Noahs real name and now he's trying to belittle anyone and everyone here. Got no use for him here or any other thread.
Upside, you are exactly right. He called Noah a cripple. That should tell you something about the guy. Absolutely no class and apparantly no upbringing. Yes, osnap, I ended a sentence with a dangling participle. People whould call others names and make personal attacks exhibit a lack of social skills. That is why, he will always be here attacking us. I just consider the source. JMO about osnap.
quote:
Originally posted by Wallace#1:
If he is that same person, he does seem to have calmed down considerably.Man, if you have never experienced that one in the middle of a cold winter night with the outhouse some distance away, you don't know what you are missing. This guy will flake right off him like the empty sockets of a corn cob.
LOL LOL LOL ... Brrrrrr. I'm freezing at the thought of it. Hey all you Canadians, I thought you might be interested to know they have outhouses in Canada too. I remember when my kids were small, we traveled to Alaska via the Alcan highway. On the top of one mountain ( I think it was Steamboat ) we had to take the kids to the bathroom. You guessed it. The little gas station didn't have indoor facilities. Had to hold our little girl up over the outhouse seat. Got her jeans wet and instantly froze. Thawed out in the car. Wow! Was that ever a trip. LOL
CMKX - How quiet is a quiet period?
San Diego, CA. December 6, 2004 - In researching quiet periods, Zoomingstocks.com has uncovered some very interesting information. Previous research conducted by individuals from the Sloan School of Management at MIT, suggests that legal liability is potentially a strong determinant of corporate disclosure policies and the content of corporate disclosures. They have studied the influence of pre- earnings announcement quiet periods on legal liability and the affect of Regulation FD (Fair Disclosure) on corporation's use of quiet periods. Regulation FD relates to three issues:
Selective disclosure by issuers of material non- public information
When insider trading liability arises in in connections with a trader's "use" or "knowing" possession" of material nonpublic information; and
When the breach of a duty of trust or confidence in a family or other non-business relationship gives rise to liability under the misappropriation theory of insider trading.
(Source: http://www.sec.gov/news/extra/seldsfct.htm)
For months, CMKM Diamonds has indicated in news releases and interviews, their intent to become a fully reporting company. Along with this has been a diversification effort to fill their corporate portfolio with assets from various regions around the globe, where either diamonds or precious minerals are prominently found. It is safe to conclude then that CMKM Diamonds is attempting to provide significant value to its report when they do finally file. In other words, they are going to show some earnings to provide legitimacy to the company.
In a September 24, 2004 news release, D. Roger Glenn, a noted SEC attorney whose accomplishments include drafting the Sarbanes-Oxley Act, was quoted with this statement concerning CMKM Diamonds, Inc., "The Company's accountants are working to complete the audit of the company's financial statements. When that has been accomplished, the company will be well on its way to becoming a reporting company again." The question we need to ask ourselves is this, when does a company begin to act like a fully reporting company? After they have filed or before? If you want to be a successful person then you associate with successful people and you dress for success. In the case of CMKM then, is it not safe to conclude that they are acting like a fully reporting company by imposing a pre-earnings quite period? Keeping this quote in context and recalling Mr. Glenn's involvement in SEC law, we can surmise that CMKM is indeed soon to come out of this quiet period and emerge as a fully reporting company under the counsel and guidance of their noted SEC Attorney. Taking Regulation FD into account we realize that based on the criteria summarized previously, CMKM must act in compliance with this regulation and protect itself from any perceptions of insider trading issues.
Over the past year CMKM Diamonds, its CEO, Urban Casavant and a host of others have been quite visible on the NHRA racing scene while sponsoring the CMKXtreme Funny Car. At these events, Mr. Casavant spoke with thousands of shareholders as he shared many of his visions and desires for the future of the company. A ritual that became widely expected as the season unfolded. In mid-summer, Mr. Casavant suffered a mild stroke, which prevented him from attending any more races. It appears that this afforded Mr. Casavant the opportunity to back out of his race appearances, giving him the needed advantage to begin compliance of Regulation FD. If in fact, all of the press releases, joint ventures, land acquisitions and claims and any other potential deals mentioned in previous news releases are going to happen for this company then the need for secrecy and compliance has never been more necessary.
Therefore, what do we see in the immediate future for CMKM Diamonds Inc.? Since it appears that they are doing their job to ensure the future of the company and the value to their shareholders then we should see nothing other than what has been previously disclosed in press releases. The investment community is anxiously awaiting their return to fully reporting status by years end, but will have to realize that situations such as these, which include SEC reviews and scrutiny, take time. It is evident by what has been reported that the company is on its way to becoming a fully reporting company and CEO Urban Casavant in his October 18, 2004, webcast with The Green Baron asked shareholders to be patient "just one more time" as preparations are concluded to make this long awaited event a reality for shareholders.
While many CMKX followers are focusing on the upcoming enforcement date for Regulation SHO, which deals with the reform of short sales regulations in the U.S., many have overlooked the obvious reasons for CMKM's pre-earnings quiet period. There are many reasons for CMKX to become fully reporting and obviously, Regulation SHO is one of those reasons that CMKX must make its way to listed exchange status in order to be afforded full protection by this new regulation. The compliance date for this regulation is January 3, 2005.
Zoomingstocks.com along with CMKX shareholders remains optimistic and expectant of what is to come at the end of this "quiet period". At a minimum, a fully reporting company will emerge with earnings and value. At a maximum, the true value of what is represented by over one million mineral claims in Saskatchewan, Canada and a gold producing mine in Ecuador. The future looks very bright for this development stage, diamond exploration company and Zoomingstocks.com will be there to report as events unfold.
For details on Regulation SHO and FD, visit the Securities and Exchange Commission website at http://www.sec.gov
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Just a note and some reasons to hold on
« Thread started on: Dec 6th, 2004, 9:38pm »
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Hi everyone. I am sure everyone is looking forward to information coming through the channels as soon as reasonably possible. I can assure you that the company is very eager to share information that is in their possession, just as much as we are wanting to hear it.
The need for information to be exchanged between the company and the shareholders is vital to any industry for market success. I have heard from many around the boards and Pal Talk that investor spirit is running low due to the no information policy currently in effect for USCA and CMKX. This is not unbelievable as many are looking and have been looking for movement in the PPS and their portfolio’s for some time now. During this waiting period for information I am sure that the word “SOON” has become a different type of 4 letter word.
I would only mention that these things do take time and it is in the best interest of the company and all affiliated companies to produce information asap. We are in a quiet time of necessity and not choice at this time. I believe the word came from Urban that when you pay professionals as much money as we are paying to do a particular job and counsel you then you’d better believe we are going to listen to their advice. If they say that we are all to be quiet and say nothing at all then we will be quiet and say nothing. That is where we are for now and it is in the best interest of all involved in CMKX and USCA.
I know most all of the rebuttals that could come such as why not PR you can’t say anything; or why not PR you have a new IR person; or why not PR where Melvin went; or why not give a drilling update; etc… If this information were more vital to the company and the shareholders than being quiet then I am sure we would have received that information. As I have shared before about CMKX and USCA, we actually have plenty of information, just not everything we want.
One of the last known communications we received came through the Green Baron Webcst with Urban Casavant and Rendal Williams and the date of it was prior to the Vegas party and the SEC and Saskatchewan halt. I believe these halts have brought the quiet period, but it hasn’t disannulled the information that was, is and will be gathered for release to all of us in the immediate future.
In the webcast it was released by Rendal and Urban that:
1. They would like to do webcasts every few weeks – As another note I spoke with Ed Miller (Green Baron) last week and he said he had spoken with the company and they were and are still very interested in getting together for another webcast as soon as the situation permits (In my words and not a Ed Miller quote).
2. Both CEO’s wanted an open stream of communication between the CEO’s/Company and the investors to disclose necessary information and to dispel rumors before they could have any damaging effects.
3. Also as a note to #1 above the idea of having a webcast every few weeks was Rendal and Urban’s idea
4. The companies insisted that there would be no forward information unless it came through a PR first. Unless it comes out in a PR wait for the PR or the company to confirm any information before you give it any credibility. (Personally I could comment on many situations that were never PRed on that came out to be true, but the PRed information is the communication channel for the company to confirm or inform us and the company can be held accountable for information they release.) Basically PR’s are the official source and choice of disclosure for the company along with filings of course.
5. Urban in the webcast made the incredible statement that there would be a reporting of an anticipated date for CMKX to become fully reporting by the end of the month (October). That information is still in the process of coming forth and we know by the comment of Urban in the webcast that he had the necessary information to make that comment then and that by the end of October he would be able to give us a probable or anticipated date of being fully reporting. So, here we are 6 weeks later and I am most positive in my own mind that the information Urban had then has not been made null and void, but has probably become more solidified in all reality to absoluteness instead of a more questionable position.
6. We were also told that more steps and transactions were being taken to enhance shareholder value and regardless of any lack of information coming forth this does not dictate inactivity or inaction by the company in these matters of shareholder value. As a matter of fact I would believe they would work even harder now that they have went on record as making these statements. Whether it is Saskatchewan, Brazil, Peru, Ecuador, Vegas, etc… I believe they are at work and building shareholder value that will be reported, yes, soon.
7. We were told that the drilling was going well in Saskatchewan with approximately 300 feet of overburden and they were planning on going down to 1500 feet or so.
8. Roger Glenn is on board to see that everything is done right and to bring us to a fully reporting status as soon as possible. I believe he has done and is doing an excellent job and would love to have a major accomplishment under his belt with CMKX by the end of the year for everyone involved. Too, I believe that when all is said and done we will see some major accomplishment s that Roger has pulled of for all of us this year and we knew nothing about it.
9. Urban asked for us all to be patient one more time and this is exactly the words we needed to hear from him in light of the developments over the last 6 weeks. Unfortunately many shareholders have not heard him. The key words in that statement for me was that he said “one more time”. He is very aware of the difficulties we are experiencing as shareholders with little to know current knowledge of what is going on, so I guess he is really asking us to trust him.
10. In a PR just prior to the USCA halt we were told by Rendal that there would be some very important news released for the company in the next few days and I am pretty sure he wasn’t talking about the halt. I believe it may have had something to do with shareholder value transactions they were making and possibly information peretaining to the compliance to the Sarbanes Oxley act.
Just to stretch this out a little more I will mention that there is an apparent collective effort by some a few investment management companies to “short”, not naked short, USCA and GEMM into downward spirals for nearly a year. I am very confident that the companies and Roger Glenn are very much aware of these activities especially NAAB Trade that actually sent the information out in newsletters to their investors or clients. We have seen the drop in USCA, GEMM, and SGGM as a joint effort by the shorts to undermine the shareholders, but they will fail if we can keep the faith and hold. They are believing they can short until the restrictions run out and then everyone of the CMKX shareholders will be so disappointed because the prices are down so low that we will sell our share at a fraction of what they are worth. We cannot let that happen. The filing for USCA to return to the OTCBB is way overdue and I would think the gears are turning to expedite that matter to its completion asap.
I have full confidence that USCA will return to the OTCBB and then make a move to the NASDAQ in the very near future. I also believe that CMKX will become fully reporting and initiate a short squeeze on the naked short position being held against it. I also believe we have significant diamondiferous kimberlites and various and numerous other minerals in the Saskatchewan province that will yield the faithful shareholders of CMKX a very sizable return on their investment in the short – mid – and long term.
Be patient a little while longer and know that the rest of us are hanging in here with you. Some loose hands have been selling over the last week or so and more probably will over the short period ahead so it may be a good time to pick some more up while the price is still in the sub penny levels.
Thanks for reading. Just my opinions and I ask that you treat them as such.
Success is at hand.
Dr.D
Also, earlier I expressed an opinion about osnap. I feel bad about having done that. My apology osnap. Sometimes I should keep my opinions to myself.
quote:
Originally posted by bill1352:
[but to get a $1 pps you'd want $400 billion worth of diamonds. thats found, mined & cut for sale. [/B]
Bill, if you google "mining valuation techniques" you will find that appraised claims figure into valuations as does, I believe, even "good will" whatever that means.
Perhaps something like this
Reserves are worth more than Resources
Minefinders announced audited resource calculation results for the Dolores deposit in August 2002. The feasibility study currently underway is intended to upgrade the resource to a reserve, as defined by the US and Canadian regulatory bodies. A reserve is a mineral occurrence which has been well defined by drilling or other sampling, AND which may be profitably and legally extracted. A bankable feasibility consists of an audited resource calculation, mine plan based on that resource, and the supporting engineering work required to fully establish project capital and operating costs. It is a complete independent economic analysis of the project of sufficient rigor to allow a lending institution to use the study as a basis for arranging mine financing.
The completion of a bankable feasibility is important in at least two respects. First, calculation of reserves (rather than resources) allows the project to be listed as an asset under US GAAP, which has a dramatic impact on the financial statements of the company. Second, a complete, favorable bankable feasibility study allows a company to arrange mine financing, so the project can go into production and generate cash flow and profits for the Company. Both of these could have a dramatic positive impact on the company share price http://www.minefinders.com/Investor/value.html
Grasping for straws?
quote:
Also, earlier I expressed an opinion about osnap. I feel bad about having done that.
I don't.
quote:
Originally posted by Upside:
originally posted by dwman:
I don't.
That's ok Upside, one of us has to keep him honest.
I am impressed by your reconsideration. The "snapper" might not even be the same person.
Up,
There were others just as cruel, if not more so. Remember?
Anyone looked at VIVI now? I saw it way back in Nov and decided against it. DUMB!!!!!!
[This message has been edited by Wallace#1 (edited December 07, 2004).]
No problem dw. It's only a problem when it dangles all the time. LOL
quote:
Originally posted by Wallace#1:
[B]dwman,I am impressed by your reconsideration. The "snapper" might not even be the same person.
Well, Wallace, if you don't mind, I'm still keeping my dangling participles out of his reach. LOL
Just wanted to pop my head in and say "hello". I am still long and strong and nothing will change that. Actually, the last time I checked the PPS was about 2 months ago....and I have no desire to check it today since I believe that this company will ultimately produce a good (if not fantastic) return on my investment.
Take care,
M_P
quote:
Originally posted by right42day:
Is anyone still buying??? Or are you just waiting in limbo??? I have been waiting in limbo but, after seeing MLON it makes me wonder... if at this price is it worth to get a few more shares. Have been in since May with 2.4 million shares average about .0005. Just wondering if I should go for it and average down a little more just incase... Own a flowershop and it would be nice to retire. Sick of working every holiday, have young children and would like to enjoy the holidays with them while they are still young. Just thinking out loud, usually just lurk. Going back to lurking.
GLTA
Laurie
I have positions in both stocks Laurie, and right now I am more confident in CMKX, than I am in MLON sustaining its position.
quote:
Originally posted by right42day:
Is anyone still buying??? Or are you just waiting in limbo??? I have been waiting in limbo but, after seeing MLON it makes me wonder... if at this price is it worth to get a few more shares. Have been in since May with 2.4 million shares average about .0005. Just wondering if I should go for it and average down a little more just incase... Own a flowershop and it would be nice to retire. Sick of working every holiday, have young children and would like to enjoy the holidays with them while they are still young. Just thinking out loud, usually just lurk. Going back to lurking.
GLTA
Laurie
I'm buying more tomorrow.
I am NOT bashing CMKX, but I would not touch it with either a 10' pole or a dangling participle! Seriously! Please do not waste your money.
Anyone who tells you to buy is misleading you. Look at the REAL FACTS, not the sentiment and someone pushing their venue because they own the stock and want it to increase in pps by getting more buyers into the soup. That is a disservice. What concrete positive information can you find out about CMKX? NOTHING!!!
What a pity that some are still considering it at all. Haven't you been reading this thread instead of listening to the last couple of posters? No offense intended.
dwman,
You wrote: "Well, Wallace, if you don't mind, I'm still keeping my dangling participles out of his reach. LOL"
LMAO at that one. Good idea!
Buying more CMKX? Not so good an idea.
Will, Up, Ed, Bill, Others - please fill Laurie in on the real facts.
[This message has been edited by Wallace#1 (edited December 07, 2004).]
***A skeletal outline of Urban's business model ***
Start with Urban's dream and move to a...
STRATEGY
1. Work with TACY to create a bold marketing strategy that takes the diamond industry from a Monopoly (De Beers) to a Free Market.
CLAIMS
2. Purchase CLAIMS quietly and over a period of many years in a mineral rich area (FALC is world class).
FINANCING
3. Line up financing with silent partners early in the plan. This is why financing has never been a problem for CMKX (Ed, Rick, BSIC, etc.).
EXPLORATION
4. Fund the most technologically advanced aerial survey ever completed in the area. By targeting surveyed areas you can efficiently map a kimberlite pipe at a fraction of the time and money.
LEGAL
5. Bring in well known and respected legal representation (Roger Glenn & Associates). Roger's experience as an accountant will also come in handy when laying the infrastructure of an empire. As I've said before, he was not brought in to end the De Beers and MMs dynasties, he was brought in to construct the Casavant Empire.
MARKETING
6. Create a marketing plan that targets one of THE LARGEST growing demographic groups in the country (auto racing fans).
HOLDING COMPANY
7. Create a holding company that will be beyond the reach of manipulation (CIM?) and hand feed it into health.
PARTNERS
8(a). Move UCAD and GEMM away from manipulation where they can trade on their own merits (gold, silver, etc., etc.).
8(b) Allow partners to add financing & infrastructure prior to next move. ***WE ARE HERE***
8(c) Continue to add partners who will eventually stream their revenues into the CMKX barrel (remember, we're an exploration and financial company).
MINING
9. Create a series of partnerships to add the operational management and talent needed to manage a growing stable of companies (UCAD and it's talented management is critical - R. Williams, etc.)
POLISH & CUT
10. Form a partnership that will allow you to polish and cut Casavant Diamonds (Diagem).
ETCH BRAND NAME
11. Find a partner who can use a special process to etch the Casavant Diamonds (Nevada). Diamonds will be marketed as conflict free ("PURE CASAVANT" = PC Diamonds). Imagine, you could build an entire marketing strategy around "PURE" blood free diamonds. They could be marketed as politically correct "PC" diamonds, sounds kind of cool to me, but what do I know.
DISTRIBUTE
12(a) Set up a distribution network to retail the larger and more expensive "Pure Casavant" brand diamonds in a fancy setting (Diagem).
12(b) Create an internet site to wholesale the inexpensive smaller diamonds along with the CMKXtreme merchandise.
12(c) Distribute kimberlite fertilizer to retail outlets along with other innovative products (TACY again?).
In summary, several things strike me about the plan unfolding before our eyes. First, Urban has built his plan around synergy and economies of scale? Second, Urban's plan is all encompassing and complete. Lastly, his plan took 15 years to get to where we are today. Stick around for the great unveiling, it's going to be spectacular and it's going to be soon.
Good Luck and BE PATIENT!!!
http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=74061
quote:
Originally posted by right42day:
Thanks Wallace, I have read this thread everyday since May, I also read a few other major pumping threads, but I like this one because it gives you both the good and the bad. Thanks for your concern. Goodnight all.
Pleased you did not take offense.
quote:
Originally posted by Wallace#1:
Buying more CMKX? Not so good an idea.[This message has been edited by Wallace#1 (edited December 07, 2004).]
Wallace, I believe that if you and I lived in the same town and I needed help, you would be glad to come to my aid as in helping me repair plumbing ( not the outside kind ). In my books, that constitutes friendship. I would do the same for you ( with exception of digging new hole for outhouse ) lol. Howsomeever, (how's that for a word?) it's gonna broke my heart to told you this but I do think you are too negative on cmkx. I used to think you were a basher but you say you are not so your word is good enough for me. Actually, though, you don't have anymore facts than the the rest of us and from all of the PRs one can gleen enough information ( perhaps lies... but I pays my money and takes my chance )to judge whether to put discretionary funds into the stock. I'm still long and strong.
[This message has been edited by dwman (edited December 08, 2004).]
quote:
Originally posted by dwman:
posted by georgeburns on another board
http://cmkxdiamond.********s32.com/index.cgi?board=general&action=display&num=11024835 76
DW - Link doesnt' seem to work. Please cut/paste.
thanks,
Cowboy
[This message has been edited by dwman (edited December 08, 2004).]
quote:
Originally posted by dwman:
Cowboy, it is much too long to paste. It would comprise several pages of thread. It came from one of the ********s. Here is the link to the board. The post is up near the top and is entitled something like saskat claims update. It is said that all the numbered claims belong to cmkx. Notice how many debeers has and how many we have. Can't argue with debeers wisdom of investing in Canada. By extended logic, neither can one argue with cmkx wisdom for the claims they hold.
http://cmkxdiamond.********s32.com/index.cgi?board=general[This message has been edited by dwman (edited December 08, 2004).]
DW,
Thanks for the info. Holding long/strong. I've held for a year. Can't wait for this to strike. lol.
Cowboy
You wrote:
"Actually, though, you don't have anymore facts than the the rest of us and from all of the PRs one can gleen enough information..."
****************************
dw, you are absolutely right about having no more information than you and many others have. The difference is that the the contrary information far outweighs the opposing information. I guess it's just a matter of how we interpret it as to how it reflects on CMKXs value and potential.
As far as your money is concerned, I also agree. It is yours to spend as you wish.
No offense intended. Sorry. Maybe I had better stick to outhouses or dangling participles.
quote:
Originally posted by Wallace#1:
dwman,You wrote:
"Actually, though, you don't have anymore facts than the the rest of us and from all of the PRs one can gleen enough information..."
****************************dw, you are absolutely right about having no more information than you and many others have. The difference is that the the contrary information far outweighs the opposing information. I guess it's just a matter of how we interpret it as to how it reflects on CMKXs value and potential.
As far as your money is concerned, I also agree. It is yours to spend as you wish.
No offense intended. Sorry. Maybe I had better stick to outhouses or dangling participles.
No Wallace, I never meant to convey the idea of disagreement...just, as you said, different interpretations. You have more skill than to spend you life as an outhouse builder. lol Don't stop offering your opinions. Somehow I don't figure you will.
quote:
Originally posted by dwman:
I know that bob. I placed spaces so the word got posted for a few seconds but then was deleted. Cowboy, did you have time to see it?
DW, Yeh, I am on board with that info. I hope they are working hard to be fully reporting by the end of the year. That would be sweet.IMHO.
Cowboy
quote:
Originally posted by Upside:
Legal,
I'd love to go over your copied and pasted post point by point with you tomorrow but one question, in part # 1, (strategy) who or what is TACY?
TACY is Tacy Ltd. They are a consulting firm for the "conflict free" diamond industry, based in Tel Aviv. Basically they aid the diamond industry in circumventing the DeBeers monopoly.
[This message has been edited by legaleagle (edited December 08, 2004).]
quote:
Originally posted by wnycowboy:
It's been a long time since that last press release. Anyone got a guess on what the next one will be and when?
I'm back, can't stand to leave here for long. You all are such a kick to read.
Next press release? I'll bet a big buck it will be two weeks before the NHRA Pomona,CA opener on Feb. 10! Gotta sell more stuff at the track, ya know. Too bad the racing is on hiatus until then. Kind of boring for you all.
Me,I'm waiting on far more than racing season.Like the low down on this,for starters.
From the PORTOVELO, Ecuador--(BUSINESS WIRE)--Oct. 19, 2004 pr
CEO Urban Casavant and his advisory team accompanied by the company's SEC attorney Roger Glenn successfully concluded the major ownership acquisition of the established American Mine here in Portovelo today. CMKM Diamonds and its operating partner Minera Nevada SA a subsidiary of Nevada Minerals, Inc. of Las Vegas, Nevada will manage a major corridor of gold production inside this region. The current yield coming through the American Mine is 40 tons of gold ore on a daily average. Alejandro Diaz, President of Minera Nevada SA exclaims, "Within the next 6 working weeks the production will raise to a steady 80 tons of gold ore per work day as we start our second shift of underground mining team." Diaz continues, "All will be done to ramp the mining production to complete our obligations to Yellow River and US Canadian Minerals, Inc.
quote:
Originally posted by highwaychild:
Nope,at least I'm not bored.According to this site... http://subpennyman.nventure.com/CMKX%20Interlocking904.gif
Kind of tells me the racing is nothing but advertising.
All that link tells me is that UC and Co. have created such a twisted web of confusion (I'd like to say conspiracy) that the feds will take years to unravel it. Can you not see that these companies have made no money MINING, to date? Hmmm
Yes, race sponsorship is advertising, and 100% tax write off. It is also a great venue to sucker the uneducated who have sponsor loyalty. Surely you know PR releases are written by their PR people. Same happens at the track, sports writers have the easiest job, simply edit a prewritten release.
quote:
Originally posted by FireInside:
What's the point in buying low if it's not going to sell at any price?
BB
quote:
Originally posted by pappy:
JUST HIT 20 BILLION TRADED. THIS MUST BE A ALL TIME RECORD
Pappy, wow-makes my 6mil shares look like chump change. Still holding for some news. It seems things move before us common folks get the scoop.
Cowboy
(hrm.. not the new BB who posted above)
quote:
Originally posted by betting babe:
this one has me stumped, so im just holding out of curiosity.
hi volume. no movement. trapped in it anyway.
curiosity killed the cat, but it had 8 more lives rite? =)
~BB(hrm.. not the new BB who posted above)
Bett'n Babe - Same here. Just holding. The skinny I heard is that the company is in a quiet period in order to complete audit compliancy. But, I'm sure that is one of many rumors. IMHO.
Cowboy
looking forward to more unusual, as usual. LOL.
~BB
quote:
Originally posted by Upside:
Ameritrade's doing the same thing. It's counting up 9,999,999 shares at a time.
ameritrade stopped at last trade 16:33
volume 989357517
~BB
I missed all the fun tho. how many traded? one cmkx board said over 34 billion??? what???
quote:
Has anyone checked Nevada and the amount of authorized shares lately? Maybe it has been increased and they are dumping more?
Haven't checked with them in a while Wallace. I'll do it right now though and report back.
quote:
Originally posted by pappy:
SOMETHINGS UP SOME KIND OF BUY BACK MY GUESS. MAYBE URBAN IS DOING A BUY BACK, THATS WHY THEY BEEN SO QUIET. THAT WOULD BE A NICE SUPRISE. A COUPLE OF DAYS OF THIS WOULD PUT A DENT IN O/S. IMHO GETTING READY TO START REPORTING.
Pappy, a friend of mine said he was talking to his neighbor and was told that the neighbors uncle lived next door to the buyer of all those shares. I think he said the guy's name was Wallace. Where's wallace when we need him?
To da moon! cheese.
quote:
Originally posted by Upside:
Just got off the phone with them. Current a/s is 7569641244651421149772211258977512.
Just kidding, it's still 800 billion.
it's like PI without the decimal......just keeps going and going....
WOW!
GEMM divvy tomarrow.Right?
[This message has been edited by TruthTeller (edited December 09, 2004).]
Above average vol. today to say the least.LOL
Nothing even close to this since before the UCAD/USCA divvy OCT 6th.
Even then, not even close to what todays was.
[This message has been edited by highwaychild (edited December 09, 2004).]
How'd you figure out my secret that I was the buyer of all those CMKX shares? Figured with all the "faithful followers" I would finance UC a bit.
Up,
That figure is well above the trillions. Wonder what it would be called.
quote:
Up,That figure is well above the trillions. Wonder what it would be called.
I thought I read somewhere that there was a computer dedicated to calculating Pi out to the last decimal point. They should do the same thing with CMKX's o/s.
CMKX - just heard D.Patch, Dr.D, G.Burns for 3 hours >>>>
By: inthenow1
10 Dec 2004, 12:39 AM EST
Msg. 129327 of 129345
Jump to msg. #
CMKX - just heard D.Patch, Dr.D, G.Burns for 3 hours >>>>
*SEC SHO gets very high mark B+ from Patch who roasted SEC
*Dr.D asked tough ?'s, DP answered all, all high on top Min'ls and expected high valuations and inevitable pps increases early Jan. and for a long time to come - that promising IMO
*1/3/05 SHO clock starts and from 1/5 on forever powerful protective rules help all of us - no bull cr@p tricks here!!
*filing important but no penalty if a bit late. Key, not too early - silent cool wait till clock ticks - after 1/3 no NSS without huge penalties to parties - B/S settle in three days
*present naked shares all grandfathered after 1/3. Say pps rises major, I sell 10%, they're naked shares, MM or Brkr pays to buy real shares and settles - clean, nobody with NSS gets screwed.
*IMO foolish to sell before 1/5 no matter what MM's do before then - believe 39 billion shares traded, 1.7 recalled
most thinkers feel this signals good to come .. and foolish to sell too much too soon because we have a huge tree with lots of fruit for decades to come IMO.
*heard many say they had partial fills today - filled @.0001 limit for Day, ALL OR NONE (AON) with Ameritrade .. I don't like partials, do you? It may slow the trade but it filled.
*the heat will be on MM's, their hey day is over, they know it and they won't be able to drive PPS down as they've done after 1/5/05 the SEC has seen to that, many believers here.
*been a lot of negative fearful bellowing not befit any TEAM member, not judging, just "how can a TEAM win if many complain and discourage and say the sky is falling or such"
GROW UP for pete's sake (he seems to refuse) so he can follow and grow really rich!! This is way beyond pump or bash, this is the real thing .. check the slope on Microsoft IMO we have have one here - if you can't find hope, gratitude and joy - just lay back a few weeks and watch the Eagle fly.
Just my opinion - all over the place - there's meanness around - just protecting my sublime audacity!! LOL
http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=129327
This MP3 is free online at http://cmkxdiamond.********s32.com/index.cgi?board=audio&action=display&num=1096907537
Logged
How'd you figure out my secret that I was the buyer of all those CMKX shares? Figured with all the "faithful followers" I would finance UC a bit.
Did it through good DD that I learned from you wallace.
quote:
Originally posted by Wallace#1:
dwman,How'd you figure out my secret that I was the buyer of all those CMKX shares? Figured with all the "faithful followers" I would finance UC a bit.
Up,
That figure is well above the trillions. Wonder what it would be called.
Will,
The magic date for you is Jan 5th now
P.S: Didn't mean to bash anyone just having some fun
[This message has been edited by TruthTeller (edited December 10, 2004).]
Anyone confirm or deny?
quote:
Originally posted by betting babe:
nooo im waiting for my fund$ to settle!!!
want more .0001
~BB
BB Are diamonds really a girls best friend?
yeah, another wacked out volume day.
at 11:30 volume reads 2,138,976,059
~BB
quote:
Originally posted by DIGDOUGH:
BB Are diamonds really a girls best friend?
quote:
Originally posted by betting babe:
they're better friends than big hunks of metal that go vroom vroom around a pavement circle...yeah, another wacked out volume day.
at 11:30 volume reads 2,138,976,059
~BB
That would be a pavement circle at the mansion. Cute answer.
At what price?
quote:
Originally posted by TruthTeller:
I placed a buy order at 12:38:00 PM EST, for 3M. Not filled.. Ameritrade..
Dunno if this is fer real but it's pretty slick.
http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=716918
DUE TO OVERWHELMING RESPONSE HERE IT IS:
DEAR FELLOW CMKM INVESTORS,
Some posters are really guessing and some are very close to figuring out what will truly be known as the Casavant Maneuver. We are trusting you will appreciate the following information about CMKM and it will provide with confidence as the next stage begins.
We also wish to state that neither of us work for CMKM or have ever received any form of compensation either directly or indirectly.
Thanks in Advance! Good luck and we hope you enjoy the ride up!!$$
__________________________________________________________________________
CMKM INFORMATION FOR YOUR CONSIDERATION:
DID YOU KNOW:
CMKM has more claims than what is being released for public knowledge? This recent acquisition should be PR'd soon. As if the older claims weren't a Great Find, the new CMKM claims were expressed by a now EX-DeBeers Geologist who now has examined the claims and prognosis thereof said...
"on a scale from 1 to 10, the DeBeers claims are rated at a 6. The Casavant claims, however, are rated a 9 out of a possible 10. The only reason I can't give it a 10 is because no one has ever seen a 10 before."
The reason for all the Volume Actives is NOT the MM's flipping and it is NOT buys and sells? 85-95% of all Volume Actives everyday are the due to Share Retirement Program!!! The most recent PR about "Share Retirement" PALES to the reality. THE O/S IS BEING ABSORBED!!! It will also be PR'ed that with the new Joint Venture's coming in , there were stipulations attached to absorb the OS due to the "swapping" of shares going into these contracts!!! What a headfake! People are so confused they are either selling out or buying in and they don't know why! Precisely our reasons for issuing this communication..to provide you with some clarity!
There is a "Changing of the Guards" at CMKM and Mr.C will be sort of pushed into the shadows?? This is a Command and is not flexible.
We are NOT drilling at Green Lake? The first targets are going to be in FALC and it is possible that drilling is starting as soon as this week. Drilling the core samples will only take 7-10 days and results will be examined and PR'ed a few days thereafter. This will happen very fast!
The "BOSS" (not Mr. C.) wants PPS at .01 prior to any Power PR's? This will expose CMKM (name change & new symbol due) as a "True to God" PowerHouse within the Diamond Industry and the Investment Community will finally see the Incredible Value held within their claims. This might happen as soon as this Thursday or Friday. The reason for the .01 target is that it is always easier to move from .01 to .50-$3.00 than it is to move from .0001 to .50-$3.00.
There is a new Promotional Company coming onboard That is when all hell is gonna break loose!!! If this company's compensation is structured properly, they HAVE TO get the PPS up or they don't make a dime.
Thank you for your Trust and Keep the Faith
The OTC Analyst Group
TPaul and Okanagan
DISCLAIMER:
Please be advised that The OTC Analyst Group is not affiliated with any broker or dealer. We are not offering securities for sale or a solicitation of any offer to buy securities. An offer to buy securities can be made only with the accompanying disclosure documents and only in the states and provinces for which they are approved. The information contained in the profiles reflects the personal opinions of the authors. The information contained is gathered by researching extensively from company news, SEC/SEDAR filings, brokerages, other research sites, business contacts, electronic databases and various other forms of information media.
In addition, we do not accept any liability for the accuracy of the data contained on this recommendation and the data is subject to change without any further notice. Information in these profiles is provided to us by management and is not audited unless indicated. Readers are advised to do their own investment research and verify all claims to make the best decision. We are not in any way responsible for any profits or losses resulting from acting upon the recommendations. We reserve the right to buy or sell our position in any company we profile at any time.
Any forms of compensation received will be fully disclosed by The OTC Analyst Group.
Other important information:
We encourage our readers to use caution when investing and educate themselves at the web sites of the Securities and Exchange Commission ("SEC") at http://www.sec.gov and/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at http://www.sec.gov/consumer/cyberfr.htm. Readers can review all public filings by companies at the SEC EDGAR page. The NASD has published information on how to invest carefully at its web site.
quote:
Originally posted by dwman:
Schwab closed on $1.85 ask today. I had discounted the following as rumor but in view of the crazy last two days, I wonder.Dunno if this is fer real but it's pretty slick.
http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=716918DUE TO OVERWHELMING RESPONSE HERE IT IS:
DEAR FELLOW CMKM INVESTORS,
Some posters are really guessing and some are very close to figuring out what will truly be known as the Casavant Maneuver. We are trusting you will appreciate the following information about CMKM and it will provide with confidence as the next stage begins.
We also wish to state that neither of us work for CMKM or have ever received any form of compensation either directly or indirectly.
Thanks in Advance! Good luck and we hope you enjoy the ride up!!$$
__________________________________________________________________________
CMKM INFORMATION FOR YOUR CONSIDERATION:
DID YOU KNOW:
CMKM has more claims than what is being released for public knowledge? This recent acquisition should be PR'd soon. As if the older claims weren't a Great Find, the new CMKM claims were expressed by a now EX-DeBeers Geologist who now has examined the claims and prognosis thereof said...
"on a scale from 1 to 10, the DeBeers claims are rated at a 6. The Casavant claims, however, are rated a 9 out of a possible 10. The only reason I can't give it a 10 is because no one has ever seen a 10 before."The reason for all the Volume Actives is NOT the MM's flipping and it is NOT buys and sells? 85-95% of all Volume Actives everyday are the due to Share Retirement Program!!! The most recent PR about "Share Retirement" PALES to the reality. THE O/S IS BEING ABSORBED!!! It will also be PR'ed that with the new Joint Venture's coming in , there were stipulations attached to absorb the OS due to the "swapping" of shares going into these contracts!!! What a headfake! People are so confused they are either selling out or buying in and they don't know why! Precisely our reasons for issuing this communication..to provide you with some clarity!
There is a "Changing of the Guards" at CMKM and Mr.C will be sort of pushed into the shadows?? This is a Command and is not flexible.
We are NOT drilling at Green Lake? The first targets are going to be in FALC and it is possible that drilling is starting as soon as this week. Drilling the core samples will only take 7-10 days and results will be examined and PR'ed a few days thereafter. This will happen very fast!
The "BOSS" (not Mr. C.) wants PPS at .01 prior to any Power PR's? This will expose CMKM (name change & new symbol due) as a "True to God" PowerHouse within the Diamond Industry and the Investment Community will finally see the Incredible Value held within their claims. This might happen as soon as this Thursday or Friday. The reason for the .01 target is that it is always easier to move from .01 to .50-$3.00 than it is to move from .0001 to .50-$3.00.
There is a new Promotional Company coming onboard That is when all hell is gonna break loose!!! If this company's compensation is structured properly, they HAVE TO get the PPS up or they don't make a dime.
Thank you for your Trust and Keep the Faith
The OTC Analyst Group
TPaul and Okanagan
DISCLAIMER:
Please be advised that The OTC Analyst Group is not affiliated with any broker or dealer. We are not offering securities for sale or a solicitation of any offer to buy securities. An offer to buy securities can be made only with the accompanying disclosure documents and only in the states and provinces for which they are approved. The information contained in the profiles reflects the personal opinions of the authors. The information contained is gathered by researching extensively from company news, SEC/SEDAR filings, brokerages, other research sites, business contacts, electronic databases and various other forms of information media.
In addition, we do not accept any liability for the accuracy of the data contained on this recommendation and the data is subject to change without any further notice. Information in these profiles is provided to us by management and is not audited unless indicated. Readers are advised to do their own investment research and verify all claims to make the best decision. We are not in any way responsible for any profits or losses resulting from acting upon the recommendations. We reserve the right to buy or sell our position in any company we profile at any time.
Any forms of compensation received will be fully disclosed by The OTC Analyst Group.
Other important information:
We encourage our readers to use caution when investing and educate themselves at the web sites of the Securities and Exchange Commission ("SEC") at http://www.sec.gov and/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at http://www.sec.gov/consumer/cyberfr.htm. Readers can review all public filings by companies at the SEC EDGAR page. The NASD has published information on how to invest carefully at its web site.
quote:
Originally posted by JEAL:
TTAt what price?
"THE O/S IS BEING ABSORBED!!!"
quote:
Originally posted by Upside:
Travman, don't buy based on the post that dwman copied and pasted here. Take a good look at it. It's not real. It came from a site full of both pumpers and bashers who try to outdo each other. I'd be willing to bet there is no such thing as "The OTC Analyst Group".
I agree but all the crazy stuff the last two days made me wonder a bit. It may be old stuff but seems to have been updated to include recent wild volumn. JMO
ps. it really was not meant to pump.
quote:
Originally posted by Upside:
Good job dw.
Up, I done plum good didn't I?
quote:
Originally posted by ed19363:
I do believe the number you are looking for is "quadrillions", followed by "quintillions", which is where we are headed. Someday we may even reach a googleplex.
Ed
quote:
Originally posted by travman:
I am sure "quadrillions" will become much more common with Bush in for a second term - as it will become necessary to measure our Debt as well as the total spent on the Iraq war.
IMO
December 10th has come and gone. Has anyone received or heard any news whatsoever about the second GEMM divy. I'm still positive we are supposed to receive two.
Ed
Travman,If you have money that can be tied up for a while,then let her ride.If you want it all to happen yesterday,may want to find another stock.
Myself,I bought in knowing it could take a while for CMKX to get off the ground.While hoping it'll be soon.But it has been alot of fun waiting.By the way,not big on Bush,sure not Kerry.I'd have to do a write-in.Urban Casavant.LOL
Dwman wrote:
Did it through good DD that I learned from you wallace. Thanks bud! Wonder if that was a half-azzed bash? LOL
And wrote:
Hey wallace, does that last post qualify me as a pumper or did you read it and run to the store for a new sears catalog?
No, you are no pumper, but it does qualify for a catalog!
And wrote:
I already tried to get in at 0.0001 with no luck, I was figuring I would to put it in for 0.0002 if I have any hopes of it filling.
Try buying 1 mil for .001 and shake the sh:t out of the faithful. I can just imagine the fluff, spin and hype from them then.
Up,
Keep my friend dwman a little more reserved please.
Where the hell is Will? Missing him!
Ed,
Enjoyed the bush, dick and colon.
Bye for now. Must pay more attention to my stocks...year end coming, you know...taxes.
Need to find losses!!! LOL I do have that one of $410 on CMKX. Took another bitty one today. Don't you just love it?
quote:
Where the hell is Will? Missing him!
Will is a curmudgeon and only sticks his head in now when he's having a real bad day so he can spread some of that Will sunshine on all of us. He'll be back sooner or later.
quote:
Originally posted by TruthTeller:
The faithful are chanting the SHO mantra these days ..Will,
The magic date for you is Jan 5th nowP.S: Didn't mean to bash anyone just having some fun
[This message has been edited by TruthTeller (edited December 10, 2004).]
quote:
--------------------------------------------------------------------------------
Where the hell is Will? Missing him!
--------------------------------------------------------------------------------
Will is a curmudgeon and only sticks his head in now when he's having a real bad day so he can spread some of that Will sunshine on all of us. He'll be back sooner or later.
Well, well, well, you guys do love me. I look in every so often. Been busy. I pretty much took last year off, and didn't grow my business. I feel guilty, and I am being a bit more aggressive getting ready for next year.
I like the word "curmudgeon" especially during the Christmas Holidays. But, really guys, whatelse can be said about this train wreck that hasn't been. Makes no difference how logic and good reason points to a problematic stock, these rabid faithful who are stuck for $25K + will think up some sort of nonsesne to bring the foolish, unsuspecting into their circle jerk of misery. Anyone who falls for it, and invests one dime will eventually get where many of us are now. Hoping, hoping, hoping, wishing, wishing, wishing, that the managemant of this POS will be forthright and forthcoming some day. These thieves need all the prayers that are being said for them. I should remind the faithful to say a few prayers for themselves, and ask for a divine tip on breaking even or making a buck. The "divine tip" certainly won't have CMKX in its name.
No, wallace, I would never bash you. Remember, you promised to help me dig my next outhouse but I'm gonna let you do most of the digging cause I'm digging in Upsides yard. LOL
quote:
Remember, you promised to help me dig my next outhouse but I'm gonna let you do most of the digging cause I'm digging in Upsides yard. LOL
And not doing a very good job of it I might add! Last I checked you were 4' deep and hadn't intersected kimberlite yet and I know it's there.
Welcome back Will. Sorry about the curmudgeon remark but it is kind of fitting, don't you think?
No problem, call a spade a spade. You're right. Some days I like being contemptible, it's good for the soul.
By: houstontex1110
10 Dec 2004, 10:19 PM EST
Msg. 129981 of 129982
Jump to msg. #
MESSAGE TO ALL
TRILLIONS AND TRILLIONS OF DOLLARS
Earlier in the year I typed up a post about trillion dollar mineral discoveries, and had misplaced one source. Over the past several weeks, investors in CMKX have become more and more depressed DUE TO THE LOW PRICE. This is extremely important. No where is anyone pointing out a change in the fundamentals upon which this company will succeed or fail.
Years ago I read in a commodity futures analysis that, "Isn't it funny how we all become bulls when the price is rising and bears as the price is falling." You may exclaim So! Actually upon analyzing this bit of psychology, there are immensely useful lessons to put into practice in your life. For example:
1. It is a well known fact that the public will be the main buyers at the top of a bull market in a commodity, and they sell out at the bottom of a bear market. As a commodity's price reaches the very top of its run, there will be far ranging price spikes as the public rushes in and buys. The spiking behavior occurs at the bottom of a bear market as well. What causes these buying frenzies? GREED and selling dumps? FEAR.
2. In contrast, the smart money buys at the bottom of a bear market and is distributing its contracts or shares to the emotional public at the top. As a matter of fact, there are indicators built around these phenomena. For example,they plot on a chart the number of contracts that the public holds long versus the short interest in contracts of the commercials (The firms who actually conduct business in the commodity such as a cereal company or enterprises who grow the corn for instance.) Whenever there exists the largest difference between these 2 groups during the last 4 years, be prepared to follow the commercials since they are the market and are usually correct.
My point is that the public is usually wrong in their timing choices and the smart money correctly times its selling or buying behavior. The public believes that a rise in price to lofty levels authenticates that the stock is a quality company. After all, everyone else is buying it, it must be good...the blind being led by the blind...the herd mentality. The public needs the price to vindicate its choice instead of the fundamentals behind the stock or commodity doing such. Similarly, at a low price, the public contends there must be a problem or else why is it so low? As a point in fact, often they are right. Take a look at all the trash in the pink sheets that are at .0001. But the pros have the ability to search through the trash and find a company such as CMKX with solid fundamentals or sidestep a firm that is all hype.
The smart money (commercials) realizes there are indeed bargains in the stock market and the lower the price the better! I have noticed as the pps of CMKX dropped back to no bid, I read posts that said, "looks like we are maybe finished or a scam?" What an AMATEUR! When Warren Buffet buys a company, he and his team of experts tear it apart using the bible on fundamental analysis written by Benjamin Graham. Once he concludes the security is fundamentally sound, and the price falls even more, he still buys. He considers what great luck.
The pros attempt to determine the reality behind a stock, and the public focuses on price. Price dropping, something must be wrong. Price soaring, company really must be doing great things. Actually, both statements can be true, but the professional looks beyond just pricing behavior.
The fundamentals of CMKX did not drop by 75% over the past 4 months as price dropped from ask of .0004 to .0001. But the mood of more than a few of the investors suggest this company is on the way out! Stop focusing on the price and look at the fundamentals. And the most critical fundamental is 1.9 million acres surrounding Debeers mineral estate. And could our diamonds, gold, silver, platinum and copper be worth a $trillion? Of course, however it may take 20 years to determine that value through thousands of drill holes.
As a comparison read the following: "In the far northern reaches of Canada's Alberta Province, is a vast deposit of sandy, tar-like goo the size of Lake Ontario. Petroleum geologists now agree that these oil sands contain as much as 1.6 trillion barrels of oil-far greater than the rest of the world's oil reserves, combined.
This isn't a new discovery. In the 20th century, oil and automobile companies began lusting after this huge deposit of oil. But one company after another -- beginning with a consortium headed by Henry Ford in the 1930s -- broke its lance against the problem of exploiting it. It was too expensive. You have to process two tons of sand to get a barrel of oil."
Now this little-known company's pioneering technology is unlocking this oil
"This company has been trying to figure out how to extract oil profitably for the last 36 years. It took them a long time, but they did it by adapting techniques used by successful modern mining companies for processing huge volumes of ore.
Faced with this hard evidence, "Oil and Gas Journal" and the industry yearbook "2003 Global Oil Trends" made it official: They jumped Canada's oil reserves from 6 billion barrels to 181 billion" Oil and Energy Investment Report
If the oil industry ultimately proves out the l.6 trillion barrels of oil, at $50 per barrel, that works out to $80 TRILLION. And the discovery is already worth $8.75 trillion.
Just one of our giant oreos could be valued at least $100 billion or more if our diamond grade is equivalent to that of the Australian diamond mine which is currently the most valuable in the world. Why? Our giant oreos are the largest IN THE WORLD, and I am ignoring the fact that gold, copper and silver deposits are associated with volcanic eruptions including kimberlites.
And all it takes is for just one to prove economic out of dozens? Actually we have several hundred anomalies, and I see little problem with our mineral resources valued at 500 billion. Just look at the comparison. The oil sands might be worth $80 trillion. $500 billion is 1/160th of $80 trillion. They have already proven almost $9 trillion which is 18 times my prediction.
My point is this. I read posters who are having a tough time realizing what the potential of our locking up the Sask diamond field. People, I have seen it over and over again in a hot area play. One company rushes in and leases as the saying goes, "the fairway of the play". And that is CMKX.
And over and over again I hear, "Well, if the O/S is $800 billion, I guess we are screwed." Why? Divide 800 billion by $500 billion and the result is over .60 pps. Hey, if we just prove out $50 billion we come in at .06 pps. We may be surprised with a much lower O/S. I expect an O/S of less than 500 billion which could grant us a buck per share someday.
Fundamentally, we just might have the greatest land package in the world. I have researched, reviewed or studied hundreds of mining company's mineral packages, and ours appears to be at least 10 times the best I have ever reviewed.
So stop having fits over the price manipulation that is being jerked around by whom? whom? The smart money, that is whom. They see us as morons or fools who they can control through price adjustments which does not have any connection whatsoever to the underlying fundamentals...the diamonds, gold, silver, copper and platinum in the ground.
Start acting like a pro and focus on the real business of this business and that is mining. Stop worrying about the price. The price will adjust accordingly once we get our share structure worked out. Then, enjoy the growth of an international mining company. Just talk you say. Really? We already have one gold producing mine and 2 more are nearing start up. And the diamond property in Brazil looks very promising and just that one mine will ten times our current .0002. And the net from our upcoming platinum mine appears to be around $4 billion. That too will be a company maker.
UC has nailed down so many possibilities that we virtually can not fail if we can raise the financing and I think that is already in place. Focus on the fundamentals and the financing and forget the price.
By the way, I do not want to come across as someone who is always balanced. I too have emotional swings, and must refocus on the fundamentals. Guess what? The mms are human too and over the past few weeks, they are having very big emotional swings. The key difference between us and them? We got the fundamentals...they got the bashers! And time is on our side as we bring in mine after mine, and time is running out for mms now that Sho is coming down the expressway.
http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=129981
quote:
Originally posted by Upside:
originally posted by dwman:
And not doing a very good job of it I might add! Last I checked you were 4' deep and hadn't intersected kimberlite yet and I know it's there.Welcome back Will. Sorry about the curmudgeon remark but it is kind of fitting, don't you think?
Yes I did Upside. I'm just keeping it a secret. Gonna drop the bomb soon. Upside Mining Corp TO DA MOON!!!
I owned a curmudgeon once but was never able to figure out what it was so I gave it away. Later I learned how valuable those things are.
[This message has been edited by dwman (edited December 11, 2004).]
quote:
That darned curmudgeon bit me twice a day.
Typically a curmudgeon bite is harmless (painful though) but in Wills case, hoo boy, no telling what you'd come down with!
The mm's aren't in trouble with CMKX. They have hedges that protect them.
This also explains how MM's and others can legally short a pink sheet stock, which many in these forums have said is illegal. They don't understand the concepts in this article.
http://www.yillionaire.com/ssf_20.htm
quote:
Originally posted by Upside:
originally posted by dwman:
Typically a curmudgeon bite is harmless (painful though) but in Wills case, hoo boy, no telling what you'd come down with!
LOL (but not at will's expense)
quote:
Originally posted by buyondip:
Question for anyone who can answer: Does anyone know the volume for Thursday and Friday? Also, was it sells or buys?
from stockwatch... http://tinyurl.com/6v5vv
member is online
Gender:
Posts: 25
Why CMKX is so secretive.
« Thread started on: Dec 11th, 2004, 5:04pm »
--------------------------------------------------------------------------------
In spite of all the PR’s, dividends, IR guys, and the shareholder party, the most distinctive impression I have of this company is that it has been very secretive of its share structure and valuation. I don’t see how anyone can call CMKX a pump and dump stock. On the contrary, many of us have wished that Urban would tell a good “lie” every once in awhile, just to keep the stock from tanking.
What is the reason for all the prolonged secrecy? That is the 64 trillion dollar question that has continued to puzzle me for months. My theory, based upon a few clues that we have been given, such as:
- Back when there was an official CMKX board, and Melvin was answering questions as best as he could. shareholders were always asking him tough questions we knew he couldn’t answer. One time, when he got frustrated at being asked for the millionth time why Urban wouldn’t reveal the share structure or why the a/s had been raised to 500 billion, Melvin lost his temper and said something to the effect of “you would do the same thing if someone were trying to steal your company.”
I think Melvin may have given us an important clue with this outburst, but who might he be referring to, DeBeers? Naked Shorters? Both? Depending upon who it is, the reasons for secrecy may differ.
If he was referring to DeBeers or any other company who might attempt a takeover, Urban may wanted to keep valuation and share structure secret to discourage heavy investment in the company until the company was ready for it. As long as there is uncertainty about CMKX valuation and share structure, the whale buyers are not going to jump in with both feet. If Urban and Roger have all their ducks lined up before that information gets out, the chances are better that the share price will move up so fast that it will catch the whale buyers off guard. The company may become too expensive for them before they have time to react.
If he was referring to naked shorters, he may have meant “destroy your company” instead of “steal your company”. Regardless, Urban has known for a long time, IMO, that a grand opportunity for a huge short squeeze exists with CMKX. He may have hired Roger Glenn for the purpose of building a bear trap for the shorters. We may have been witnessing the development of that bear trap, with the issuing of the dividends and the connections being made with other companies. Now, with the effective date of SHO approaching, we may get to see the trap spring shut. Obviously, in order that the trap be effective, there would also be a need for great secrecy here.
The naked shorters would never have shorted CMKX as much as they did if they suspected that there was huge valuation in the company. After rumors of that valuation came out, it was too late for them. They were hundreds of billions of shares in the hole. Now, they seem to feel that they have no choice but to continue shorting in order to suppress the share price. A serious upward trend in the pps would probably ruin them. Their time is running out, however, because SHO will soon put an end to their nonsense. Assuming CMKX becomes fully reporting, by December 23, the company will probably be identified as a threshold security on January 3, the effective date of SHO. Beginning January 3, naked shorts will have to be covered within 3 days or the shorter will no longer be able to trade in the security.
So, things are starting to fall in place. Once we are fully reporting, the whale buyers will take notice, so it will be important to bring out all the power PR’s to boost the share price quickly beyond the reach of whale takeovers. Don’t want somebody “stealing” the company. For these reasons, I expect to see a lot of things happening quickly, one announcement right after another. I don’t think we will see a gradual rise in the pps. I think it will be dramatic and historic.
Think about it: a heavily shorted stock, selling for .0001 - .0002, becomes reporting and reveals huge valuation, along with a lower than expected o/s. The whales will rush in after shares. The shorters will panic and also be grabbing at shares like a drowning person, trying to cover before the rocket ship passes the moon. Our associated companies (USCA, GEMM, JV partners) will also be going crazy for the same reasons. And, to make it even sweeter: other deals will continue to surface: SGGM, CIM, uranium, South America mining, and whatever else Urban and Roger have conjured up.
Bashers are going to ask how I know that there will be a huge valuation and lower than expected o/s. Well, I don’t know, but that’s what I expect. Probability is very much on our side with regards to the valuation, due to the size & location of our claims and the results of the aerial surveys. If the valuation is as huge as I expect, the o/s may not matter that much, but my hunch is that the o/s will be lower than generally expected. My hunch is based upon Urban’s stated desire to retire shares, continued rumors and PR's of shares being retired, and what I would do if I were in Urban’s place and I wanted to rock the shorters’ world.
According to the information I have, it appears there should have been 3 distributions so far if you owned CMKX stock as of 10/01/04: I got one distribution on 11/15/04, but have not received any since. Maybe tomorrow.
Did anyone get a second distribution of GEMM at the end of November?
My information is found at: http://www.otcbb.com/asp/dividend.asp?sym_id=cmkx
CORPORATIONS BRANCH
Corporate Registry
Profile Report
Entity No: 101059217
Entity Name: CMKM DIAMONDS INC. As of: 12-Dec-2004
Entity Name: CMKM DIAMONDS INC.
Entity Number: 101059217
Status as of Profile date: Active
Entity Type: BUSINESS CORPORATION
Entity Sub Type: SASKATCHEWAN CORPORATION
Incorporation Date: 06-Jul-2004
Home Jurisdiction: SASKATCHEWAN
Annual Return/Renewal Date: 31-Aug-2005
Nature of Business: EXPLORATION OF DIAMONDS
Registered Office:
Name: CMKM DIAMONDS INC.
Address: 1335B - 2ND AVE. W
City/Province: PRINCE ALBERT, SK
Country/Postal Code: CANADA, S6V5B2
Mailing Address:
Name: BALON KRISHAN LAW FIRM
Address: 1335B - 2ND AVE. W
City/Province: PRINCE ALBERT, SK
Country/Postal Code: CANADA, S6V5B2
Allowable Number of Directors: Min: 1 Max: 9
Director/Officer/Shareholder Information:
Dir Became: 06-Jul-2004
Name: CASAVANT, URBAN
Director: YES
Address: BOX 29M RR#5, SITE 18
City/Province: PRINCE ALBERT, SK
Country/Postal Code: CANADA, S6V5R3
Resident Canadian: YES
Share Structure:
Class -- Voting Rights -- Authorized Number -- Issued Number
A YES UNLIMITED .00
B NO UNLIMITED .00
C NO UNLIMITED .00
D YES UNLIMITED .00
Total Number of Shares issued: 0
General Information:
Licensed with Consumer Protection Branch: NO
Event History:
Event Date
INCORPORATION 06-Jul-2004 http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=718677
"legaleagle
Member posted December 12, 2004 14:45
--------------------------------------------------------------------------------
SkipperGas
Diamond Hunter"
******************************************
Skipper Gas should have "skipped" all the "gas"!
[This message has been edited by Binky (edited December 16, 2004).]
10.6 Smeaton Property
CMKM Diamonds Inc., 25%, operator; United
Carina Resources Corp., 25%; Consolidated Pine
Channel Gold Corp, 25%; US Canadian Minerals
Inc, 25%
The operator completed a five hole drilling program
on the Smeaton kimberlite, which was discovered in
1996. The operator re-named the body the “Carolyn”
kimberlite. Kimberlite thicknesses ranged from 63 to
130 metres in four of the holes. Two of the holes
were split and sampled for microdiamond recovery
by caustic fusion and returned two microdiamonds.
In addition to drilling, a triaxial magnetic
gradiometer survey was flown over the joint
venture’s properties. A number of drill targets have
been identified with a high priority target northwest
of the Fort à la Corne joint venture’s 122 kimberlite.
quote:
Originally posted by buyondip:
hey guys, this may have already been discussed, but what's up with the volume for Thursday and Friday? Anybody have any theories? It was like 39 bill Thursday and 13 bill on Friday. I am not as seasoned as most, but that can't be normal. I'd like to hear the good and bad theories! I do own and am hopeful, but I'm not blind.
georgeburns
God of Diamonds
member is offline
Craptomologist Extraordinaire, M.D.
Gender:
Posts: 3703
*Week in Review (--12 Dec 04)
« Thread started on: Today at 05:02am »
--------------------------------------------------------------------------------
Week in review...
This one is going to be brief. My head hurts.
Volume
The volume issue has been driving me absolutely nuts. Here is what we know...There is huge volume on the day before a stock dividend is paid. 40 billion day before GEMM, 13 billion on day of GEMM. 16 Billion day before UCAD 14 Billion on UCAD. 16 Billion day before CIM. 13 Billion day of CIM. Its really odd. Especially the time between the UCAD and CIM payment date. Take a look: (Volume isn't 100% correct...best I got...within 5%)
12/10/2004 13,118,500,699 GEMM Payment date
12/9/2004 39,651,063,181
12/8/2004 1,146,715,977
12/7/2004 3,050,718,041
12/6/2004 1,585,921,970
12/3/2004 1,448,465,576
12/2/2004 1,395,330,568
12/1/2004 1,713,719,107
11/30/2004 1,631,115,363
11/29/2004 1,616,851,865
11/26/2004 1,290,764,052
11/24/2004 1,185,381,206
11/23/2004 1,213,524,396
11/22/2004 2,053,858,284
11/19/2004 1,439,159,811
11/18/2004 2,228,745,035
11/17/2004 1,655,708,938
11/16/2004 1,307,542,642
11/15/2004 2,118,025,244
11/12/2004 1,018,385,358
11/11/2004 1,307,112,650
11/10/2004 1,818,573,738
11/9/2004 2,269,371,765
11/8/2004 2,184,480,546
11/5/2004 3,599,248,434
11/4/2004 1,713,902,551
11/3/2004 2,556,788,862
11/2/2004 3,703,021,482
11/1/2004 4,777,039,352
10/29/2004 6,005,799,786
10/28/2004 6,464,743,544
10/27/2004 7,545,779,316
10/25/2004 7,899,025,010
10/22/2004 7,451,803,401.00
10/21/2004 5,826,050,940.00
10/20/2004 6,541,494,869.00
10/19/2004 12,097,133,652.00
10/18/2004 13,098,033,776.00 CIM Payment date
10/15/2004 16,119,767,711.00
10/14/2004 14,770,182,549.00
10/13/2004 17,605,571,590.00
10/12/2004 12,198,049,570.00
10/11/2004 6,808,554,735.00
10/8/2004 12,508,637,168.00
10/7/2004 1,432,690,681.00
10/6/2004 14,838,183,007.00 UCAD Payment date
10/5/2004 16,615,152,695.00
10/4/2004 4,853,359,087.00
10/1/2004 6,078,129,119.00 Record Date for GEMM
9/30/2004 4,294,580,136.00
9/29/2004 2,525,294,490.00
9/28/2004 5,213,844,234.00 Record Date T3 for GEMM
9/27/2004 3,656,459,965.00
9/24/2004 1,834,010,126.00
OPTIONS:
1. Urban and company dumping shares.
2. Some major holder dumping shares.
3. Something else.
1.
Urban dumping? I don't think so. Absolutely nutty.
If Urban is dumping for profit, that means CMKX is a scam. If CMKX is a scam, Urban is a very, very intelligent man. He got me. He got D. Roger Glenn and everybody else that is associated with CMKM.
If Urban were to dump shares and CMKM is a scam, he would be smart enough to dump them over a long period of time as opposed to a huge chunk in a couple of days. That's stupid. I would like to think Urban is smarter than that. Dumping them in one or two days would not bring in as much money as dumping them over a few months and keeping up the buying pressure.
2.
A major holder dumping shares?... maybe.
There were some major deals about a year ago with Durama Enterprises was probably paid in shares and could possibly dumped theirs since the restriction was removed. If it is them. I think they don't have this much. I would also be impressed with the fact that there is buy pressure to cover this... more than 4 million dollars worth of buy pressure...wonder where that came from. A cordinated 4 million dollars of buy pressure during a 40 billion share dump. hmmmmm doesn't sound right.
3.
I think it has to do with moving naked short shares before the dividend payment date. The following paragraphs are from the NSCC rules. Remember a couple of days ago... all the .0001 sales but then they got cancelled? Retail investors with automatic buy orders set for .0001 were cleared out. These folks aren't sitting at their computer everyday to notice that they have been cleared and their trade reversed. This makes room for a massive share move with less retail buy pressure. It's pretty wierd. Any who... read on.
SEC. 8. After receipt of notice by the Corporation that the issuer of a CNS Security
has declared a stock or cash dividend on such security or has authorized a stock-split or a
distribution of rights or other property with respect to a CNS Security, the Corporation will
issue a Record Date Report which will show each Member's record date Long or Short
Position in the security at the close of business on the Record Date (herein called "Record
Position").
(b) On the payable date for a stock dividend (or, if the payable date is not a
settlement day, then on the settlement day immediately following such payable date), the
securities position of each Member shall be adjusted to reflect the Member's obligation to
deliver the amount of the stock dividend on any Short Position included in the Member's
Record Date Position to the Corporation or to reflect the Member's right to receive the
amount of the stock dividend on any Long Position included in the Member's Record Date
Position from the Corporation. Fractional shares shall not be added to any Short or Long
Position in respect of any stock dividend or other distribution. In lieu thereof, the Corporation
shall credit or debit, as the case may be, an amount of cash in respect of fractional shares
based on the Current Market Price of the security.
(d) An "as of" trade entered at least two settlement days prior to the payable date in
respect of a cash or stock dividend or other distribution not trading with due bills after the
record date, provided the original trade date for the trade is before the ex-dividend date for
such dividend, will be subject to the same procedures as those set forth above; an "as of"
trade entered at least one settlement day prior to the Due Bill Redemption Date in respect of
other distributions which trade with due bills after the record date will be subject to the same
procedures as those set forth above. Any such trades entered less than two settlement days
or one business day, as the case may be, prior to the payable date or the Due Bill
Redemption Date shall not be accorded dividend protection in the CNS System.
(e) When a dividend or distribution in securities which are not CNS Securities is
declared on a CNS Security or rights which are not CNS Securities are issued in respect of
a CNS Security, the items will be reported to each Member having a Long or Short Position
in the CNS Security on the close of business on Record Date. Such dividends, distributions
or rights shall not, however, be settled in the CNS System; the Corporation shall match the
Short and Long Positions in respect thereof in that manner which the Corporation in its
discretion may provide and issue receive and deliver security orders in respect thereof,
which orders shall have the same status as security balance orders issued in connection
with the Balance Order Accounting Operation and will be subject to those provisions of these
Rules pertaining to such security balance orders unless otherwise specified by the
Corporation.
Interesting
http://tinyurl.com/6ekd9
Dhonau is apparently the new director of a company that just did a reverse triangular merger with Voyager Entertainment International. They have a cool website... something about a ferris wheel: http://www.voyager-ent.com/
A company registered to him per the Nevada SOS, "Dokota subsidiary" is the surviving company. Common shares of Voyager bought before the merger time will be exchanged for Preferred series A of the new company which will be called "Voyager" until a mutually agreed name is decided by the new board of directors. Not sure If I read it right, but that is my take.
Not sure if the merger is complete yet, but I am guessing we could see some news on this soon from somewhere. Maybe another filing. Apparently nothing has been happening with this company since April. It looks like a shell to me. No idea what it's for though. Or maybe Dhonau likes ferris wheels...ALOT. lol He was involved somehow before any of this happened.
85 Seperate magnetic anomolies.
According to the SEDAR MD&A filing by Shane resources... they have decided to start calling their "10% option in 82 mineral claims of CMKM"....85 Seperate magnetic anomolies. This was the biggest news I think we have had in a long time. http://tinyurl.com/4xcfv
SHO
The time is near.
If you have any questions on anything related to CMKX... let me know. Sorry this one is short. That's all I got.
-burns
Was this you wallace?
"bashers on ebay, thats a new one and a goodie.. have to put that one in the hall of fame.. not ours, their s*thouse."
They listed Carolyn Pipe on ebay.
it might be early but i submit this as post of the week...lol
quote:
Originally posted by bill1352:
ucad owns a peice of them
And I talked upside into contracting with them to haul off all the dirt we are digging up in his back yard. LOL BTW, real dirt since Up is a good guy.
quote:
Upside, did Wallace ever pay you for that last load of dirt?
If you consider a million shares of CMKX a form of payment then yes, he did.
quote:
Originally posted by Upside:
originally posted by dwman:
If you consider a million shares of CMKX a form of payment then yes, he did.
Don't know where you got those CMKX shs Up, but someone is dumping. I don't want your damn dirt! LOL
dwman,
No, not me on that ebay sale, but it seems to be a good idea. How much is it going for?
quote:
Originally posted by Upside:
Count me in Bill!
Thought you might have learned by now!!! LOL
quote:
Thought you might have learned by now!!! LOL
You can fool some of the people some of the time but apparently you can fool Upside all of the time!
LMAO!!!!!!
Who is seagrove?
I thought these claims had been re-established.
quote:
Originally posted by Upside:
This company just never ceases to amaze me. The p/r's leading up to the drilling of the pipe, the daily p/r's about the progress of the drilling, video on the website, hopes raised to a fevered pitch, then six months later the damn thing is for sale on ebay. Unbelievable.
Could someone please post a link to the EBay site. Thanks, Steve
That pipe for sale on E-Bay is almost as funny as CMKX shareholders bashing MLON.
Bruce Johnstone
Saskatchewan News Network
November 2, 2004
REGINA -- A Regina-based mining exploration company says the province's system for staking lapsed or re-opened mineral claims on Crown lands is unfair, costly and favours larger mining companies.
"It's a silly process," said Shaun Spelliscy of Seagrove Capital Corp., a junior resource company that explores for diamonds, gold, base metals and uranium in Saskatchewan. "It's an unfair process."
On Monday, Seagrove successfully staked seven claims that had been optioned to Nevada-based company, CMKM Diamonds, which failed to do the required assessment work, causing the property in the Fort a la Corne area near Prince Albert to lapse.
CMKM Diamonds and its predecessor company, Casavant Mining Kimberlite International, and three of its officers and directors, were slapped with a cease trading order last week by the Saskatchewan Financial Services Commission. The commission said the companies failed to file a prospectus in the province and have no right to sell securities to Saskatchewan residents.
Spelliscy said he had to hire a security company, Ground Zero Security, to hold his place in line at the Saskatchewan Industry and Resources Sub-surface Geological Laboratory for nearly two weeks.
(clipped rest of story)
--------------------
2004-11-02 13:59 ET - News Release
Also News Release (C-KPG) Consolidated Pine Channel Gold Corp
Mr. Rick Walker reports
United Carina Resources Corp. and Consolidated Pine Channel Gold Corp. advise that four lapsed mineral claims that formed part of a joint venture property in the Smeaton area of Saskatchewan have been reacquired by staking on Nov. 1, 2004. The four claims were staked by Seagrove Capital Corp. on behalf of the companies and form part of a 27-claim joint venture with CMKM Diamonds Inc. and U.S. Canadian Minerals.
The companies also acquired by staking three other claims to the northwest of the Fort a la Corne area of Saskatchewan.
quote:
Originally posted by Upside:
originally posted by dwman:
If you consider a million shares of CMKX a form of payment then yes, he did.
LOL
quote:
Originally posted by Wallace#1:
Don't know where you got those CMKX shs Up, but someone is dumping. I don't want your damn dirt! LOLdwman,
No, not me on that ebay sale, but it seems to be a good idea. How much is it going for?
My ebay bid is .000005 Wallace.
quote:
Originally posted by Wallace#1:
dwman,No, not me on that ebay sale, but it seems to be a good idea. How much is it going for?
Be careful, you just might get stuck with a pipe full of muck! Aren't you offering too much? LOL
quote:
Originally posted by ed19363:
To me, this is just another example of CMKX p**s-poor management. They tell us nothing, and end up losing the claims. I am not normally a basher, but this looks more and more like a scam everyday. Not so much as a "hang in there" from the company. I'm sorry, but quiet period or no quiet period, they owe us SOME kind of an explanation for this kind of thing. I will continue to hold, since it isnt worth selling, and hope that something positive will come out of this rat's nest.
Ed
There was an answer from the company yesterday through JV United Carina and Rick Walker. Read the last paragraph.
United Carina and Cons Pine return Peace River results
2004-12-13 17:01 ET - News Release
Also News Release (C-KPG) Consolidated Pine Channel Gold Corp
Mr. Richard Walker of United Carina reports
UPDATE ON HEAVY MINERAL SAMPLING RESULTS UCA / KPG JOINT VENTURE IN THE PEACE RIVER - BUFFALO HILLS DIAMOND PLAY
United Carina Resources Corp. and Consolidated Pine Channel Gold Corp. have provided the initial results from the processing of five regional heavy mineral samples. Two of the samples were from surface till and the later three were stream sediments from within the North Heart River drainage. The till samples only produced one pyrope garnet, while the stream sediments produced 13 pyrope garnets of similar G-9 composition to those previously obtained by United Carina near Carmon Lake. In addition, 11 chrome diopsides were also obtained along with numerous olivine grains. The kimberlite indicators are similar in composition to those reported by Ashton in the Buffalo Hills. The presence of the kimberlitic indicators within the North Heart River drainage demonstrates the prospective nature of the United Carina/Consolidated Pine Channel property.
United Carina and its 50/50 joint venture partner, Consolidated Pine Channel, acquired by staking 138,240 hectares (341,586 acres) approximately 70 kilometres southwest of Ashton Mining of Canada's K296 kimberlite pipe located in the Buffalo Hills of Northern Alberta. Ashton's exploration in the area has discovered 38 kimberlites, of which 25 are diamondiferous.
The United Carina/Consolidated Pine Channel property is situated along several parallel northeast/southwest-trending basement linear features, which transect Ashton's Buffalo Hills block, which extend southwest into the vicinity of previously, located kimberlitic indicator minerals within overburden whose source remains unknown. The previous indicator mineral gain morphology (surface condition) tended to show a relatively short transport distance. The discovery of kimberlitic indicators within stream sediments shows that the North Heart River drainage likely hosts kimberlitic intrusives.
Microprobe analysis for these samples was conducted by SRC, an ISO1725-certified laboratory for specific testing. The qualified person for the property is Paul A. Hawkins, PEng. A program to review indicator mineral occurrences and airborne geophysical data is under way.
Title to seven claims that the companies contracted to be staked on Nov. 1, 2004, is now under dispute. The claims were to be added to a joint venture the companies have with CMKM Diamonds and United States Canadian Minerals (UCAD bulletin board). The companies feel that all their contractual obligations to obtain these claims have been met and that title to the claims will be obtained by the companies.
quote:
There was an answer from the company yesterday through JV United Carina and Rick Walker. Read the last paragraph.
And why did that explanation have to come through United Carina and not CMKX who supposedly is the operator of these claims? Wait, I already know the answer, quiet period, right?
quote:
Originally posted by Upside:
originally posted by legaleagle:
And why did that explanation have to come through United Carina and not CMKX who supposedly is the operator of these claims? Wait, I already know the answer, quiet period, right?
quote:
Originally posted by Upside:
originally posted by legaleagle:
And why did that explanation have to come through United Carina and not CMKX who supposedly is the operator of these claims? Wait, I already know the answer, quiet period, right?
Because CMKX is in a self-imposed "quiet" period, until fully reporting. It is important, it is effective, and it is necessary; to remain quiet during this time. It may irritate impatient shareholders, but the attorney will still do what is wise and prudent for the company to achieve their goals of full reporting status.
too PRIME for primetime...LOL
awesome post.....
i volunteer to asist in the free bikini waxing...
[This message has been edited by glassman (edited December 14, 2004).]
quote:
Originally posted by legaleagle:
Because CMKX is in a self-imposed "quiet" period, until fully reporting. It is important, it is effective, and it is necessary; to remain quiet during this time. It may irritate impatient shareholders, but the attorney will still do what is wise and prudent for the company to achieve their goals of full reporting status.
Hello bredren!! I also say this five times a day while kneeling towards Saskatchewan. Urban be merciful, your praise be upon us.
Classmates here talk about Quiet Periods (QP) quite often and speak with a lot of authority. But no one can seem to define a "Quiet Period", determine its length, or the reasons for it. No one knows whether there is a mandatory QP or voluntary QP or both. Better yet, do both exist? I think you will be surprised by the answer.
ZoomingStocks recently pointed us to a great educational tool on Quiet Periods. Go to this site: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=304486 and download the paper at the bottom of the page. (31 pages). Your assignment is to quickly skim it if not read it entirely. The following points are some facts from the paper and is not my opinion.
1] Definition: "A pre-earnings announcement quiet period is the interval immediately prior to a company’s earnings announcement during which company officials abstain from comments on the upcoming earnings release."
2] When does it start: "This period of non-disclosure usually begins immediately prior to the end of the fiscal quarter and ends at the time of the earnings announcement." (Note: our last PR came immediately prior to the last fiscal quarter on 10/27!)
3] How long?: As you can see above in #2 it lasts until earnings are filed. But typically: "A survey of 324 firms with quiet periods by NIRI, 2001, finds the mean (median) length of this time period is 25 (21) days."
4] Mandaroty or Elective?: The most debated question is whether this Quiet is imposed by the SEC or voluntary. Answer: "Because the SEC does not require pre-earnings announcement quiet periods, use of quiet periods is voluntary in the U.S." It naturally follows that we are voluntarily quiet and that no company is mandated to be silent by the SEC.
5] Why be silent then you ask?: Well you will need to read the paper above for an "A" answer. But in short "By increasing the scope of illegal disclosure-related actions, FD has likely increased the legal costs of disclosure immediately prior to earnings announcements. In response, firms may be more likely to adopt quiet period policies or decline to comment prior to an earnings release." In other words... Regulation FD imposes liabilities for un-fair disclosure. So they just shut up alltogether. In fact... here is an exerpt from a comment letter on the Regulation FD: "By requiring companies to make rapid-fire legal judgements about whether any given communication is “material,” thereby triggering regulatory obligations, the rule may be more likely to deter companies from transmitting information to the markets than to foster more information."
My opinion (and only my lay person opinion): The quiet period is voluntary but is prudent legally to protect the company from suits from your fellow disgruntled shareholders who, looking back, realize that they made bad trading decisions. They want to blame someone. Regulation FD makes CMKX liable if they don't be quiet. Further... (In my opinion) we cannot guage the timing of the filing by the Quiet Period because there is no set period. Perhaps this analysis is only meant to apply to earnings statements... but the paper seems (to me) to indicate these facts relate to ALL QP’s.
Disclaimer: I am making this post based solely on the information in the paper provided above. This is a springboard for discussion and I welcome debate and DD contributions by others on this topic. I have quoted the paper extensively and the rest is only my opinion. I am not an investment advisor.
quote:
Because CMKX is in a self-imposed "quiet" period, until fully reporting. It is important, it is effective, and it is necessary;
And it is a load of crap.
quote:
Originally posted by Upside:
originally posted by legaleagle:
And it is a load of crap.
I can't argue with that kind of Due Diligence.
quote:
I can't argue with that kind of Due Diligence.
No you can't argue it because it's true. Just like the gag order, the naked short theory, etc., it's another shareholder created comfort story to avoid facing what is most likely the truth about this company.
=================================
this pr has nothing to do with cmkx..uca & consolidated were in business long before they joined any claims with cmkx. notice the 50/50 joint venture part??? or doesn't that count just like dividend splits into 780 billion shares doesn't equal the o/s???
2. Quiet periods give a company a reason to hide things that shareholders should know.
3. A quiet period should not preclude the company from issuing a PR stating "We are still drilling", "We are still in existence", or "We are still alive and breathing."
4. It's all a load of convoluted crap until someone affiliated DIRECTLY with the company comes out and says something. All the rumors and speculation in the world doesnt make a hill of beans.
5. The length of this quiet period greatly exceeds a reasonable amount of time, and makes the shareholders think it's a shady company with something to hide.
6. I dare anyone WITH CMKX to deny any of the above. Otherwise, issue a damned PR and let us know if we've been had or not. Just a simple request requiring a simple answer from someone who KNOWS instead of GUESSES.
7. IMO, IMHO, BULL****!!!!
CDLIC
Global Moderator
CMKMs Many Company Holdings & Partners as 8/16/04
« Thread started on: Aug 15th, 2004, 04:46am »
--------------------------------------------------------------------------------
CMKM Company Holdings and Partners As of 8/16/04
Below is a list of CMKM's holdings as of 8/14/04. This list was not 1/3 it is today a month ago. Mr. Casavant is rapidly building a compnay with the assistance E & A, his law firm, and Mr. D. Roger Glenn, his attorney and partner in E & A. I believe this list will continue to grow over the next few weeks an months. Stay tuned!
Enjoy the read,
CDLIC
******************************************
CMKM's Holdings Listed Below
Go to the following link and view a chart of all of CMKM's holdings, partnerships, investments, etc. This is current as of 10-16-04:
Go to: http://subpennyman.nventure.com/CMKX%20Interlocking904.gif
******************************************
- Owns 25% of GEMM
- Has option to purchase 24% more ownership in GEMM (Diamonds, Gold)
- Owns 60% interest on 500,000 acre parcel in Saskatchewan (Diamonds)
- Owns 95% interest overall in 1.9 million acres of claims (Diamonds)
- Shareholders will own 49% of UCAD (8/20/2004, various)
- Shareholders will recieve 40 billion shares of CIM(8/31/2004, mining)
- Recieved US $3,000,000 from UCAD for additional 2% interest
United Canadian Minerals (UCAD)
- Owns 51% of GEMM
- Owns 100% of Nevada Magnetics
- Owns 20% interest on 500,000 acre parcel in Saskatchewan
- Owns 80% of the COD mine in Arizona, El Capitan operates the machinery
- Owns 5% interest overall in 1.9 million acres of claims
- Owns additional 2% interest in 1.9 million acres of claims (total = 7%)
- Has option to purchase 8% more interest in 1.9 million acres of claims
- Has option to purchase 25% in 27 claims near Smeaton property
Casavant Interenational Mining (CIM)
- Recieved US $1,000,000 from CMKX for equipment and drilling
Junia Mining (GEMM)
- Has a 49% interest in a joint venture with CA:YEG and JMML (Diamonds)
- Recently signed agreement to fully acquire Yellow River Mining (Gold)
- Owns portion of Diagem (Diamonds)
Junia Mining Minceracao (JMML)
- Has a 86% working interest in mining and mineral rights of 1,000 hectacres in Brazil (Diamonds)
Diagem International (CA-DGM)
- Mines diamonds in Brazil, the largest being a 100 carat pink diamond so far
Emerging Africa Gold (CA-YEG)
- Has a joint venture with JMML on 1,000 hectacres in Brazil (Diamonds)
Nevada Magnetics
- Raw material processing (Nickel Sulfide Anode Bars)
El Capitan Precious Metals (ECPN)
- Revenue from COD mine will be split 50/50 with UCAD (Precious Minerals)
quote:
Originally posted by Wallace#1:
dwman,Be careful, you just might get stuck with a pipe full of muck! Aren't you offering too much? LOL
Wallace, are you saying those pipes may be old outhouse holes? lol
quote:
Originally posted by Upside:
originally posted by legaleagle:
No you can't argue it because it's true. Just like the gag order, the naked short theory, etc., it's another shareholder created comfort story to avoid facing what is most likely the truth about this company.
OH UPSIDE!!!! Don't say things like that when I'm standing on top of my outhouse ready to jump.
quote:
Because they do not answer our "whining", they must be a scam, right?.
Yes, it might mean just that and your use of the word "whining" is a cheap attempt on your part to make the investors who are demanding answers appear to be childish and ill-informed and that's not the case. These are legitimate questions that have persisted for well over a year now and the company has used every convoluted theory that inexperienced investors have conjured up as an excuse to avoid answering them.
[This message has been edited by Upside (edited December 14, 2004).]
quote:
Originally posted by Upside:
originally posted by legaleagle:
Yes, it might mean just that and your use of the word "whining" is a cheap attempt on your part to make the investors who are demanding answers appear to be childish and ill-informed and that's not the case. These are legitimate questions that have persisted for well over a year now and the company has used every convoluted theory that inexperienced investors have conjured up as an excuse to avoid answering them.[This message has been edited by Upside (edited December 14, 2004).]
quote:
Originally posted by Upside:
originally posted by legaleagle:
Yes, it might mean just that and your use of the word "whining" is a cheap attempt on your part to make the investors who are demanding answers appear to be childish and ill-informed and that's not the case. These are legitimate questions that have persisted for well over a year now and the company has used every convoluted theory that inexperienced investors have conjured up as an excuse to avoid answering them.[This message has been edited by Upside (edited December 14, 2004).]
I want answers just as much as you do. The difference is, that I know I have to wait until Roger Glenn is done with the negotiations. You may say that you are demanding answers, however, you have no right to demand answers because they have no obligation to give you any. It is a pink sheet stock for now. They don't have to answer. And in Roger Glenn's case he cannot give us answers until he has completed negotiations with the SEC and the Market Makers. He is dealing with the SEC investigation of UCAD / USCA, he is attempting to make us a fully reporting company before the Jan 3, SHO and move us up to a higher exchange. He is supervising an audit, rules and regulations compliance, the entire CMKX et alia companies, calculations of NS positions and how to prevent a collapse of the Market Making system during the changes. Every Market Maker involved in the short, has a securities attorney who is calling him every day with recommendations and demands. He has a battery of politicians hounding him all of the time for their favorite "player". He has folks like Spelliscy and Seagrove, poking him with sticks. He has a full team of JV's each wanting to go their own way, and do their own thing. He has law firm partners who are always giving him suggestions and requiring him to report to the senior partners how this thing is proceeding. And those partners are being pressured from the same sources. At the same time, CMKX is proceeding on with their acquisitions and investments; all under some cover for security reasons. He must supervise those activities as well, to keep the company functional and progressive.
All of this to say, he already has "demands" being placed on him, by people with more than a couple of hundred dollars tied up. He has real demands on him, and sorry, when you stay in here day after day, making "demands" on a person with these kinds of responsiblities; it looks a whole lot like "whining". Yes, it even looks "childish" and "ill-informed". All IMO
[This message has been edited by legaleagle (edited December 14, 2004).]
quote:
Originally posted by Upside:
The entire CMKX et alia companies? Now that's funny! You're making CMKX out to be a huge multi-national corporation with ties all over the world when in fact they are a fly by the seat of their pants pink sheet company with revenues that probably don't rival the weekly allowance your parents used to give you. I'll grant you that Mr. Glenn might be an upper echelon attorney and he has an important job to do but it isn't for our benefit. To believe that Mr. Glenn is going to bring about the demise of naked shorting through CMKX is a fools folly at best and yes, something a very inexperienced investor would choose to believe.
I posted the list of the the JV partners above. They may not be Microsoft, but they have needs and concerns that Roger Glenn must address.
And we do have holdings in three countries, and possibl more.
But unlike you, I cannot address the revenues yet because they have not been reported.
What benefits CMKX and JV's does benefit me as a shareholder.
I didn't state that Glenn or CMKX would bring about the demise of naked shorting, but I do believe that if a deal were not being cut behind the scenes, and this stock ran, it could financially bankrupt a couple of the MMs.
quote:
Originally posted by Upside:
The deal being cut behind the scenes, I think I've read about that one. Is that the one where billions of shares are being given to the mm's so they can minimize their pain as CMKX's pps rises above .50 or so? I seem to remember they were coming from Nevada Minerals inventory of shares or something like that?
I strongly suspect that we will never know the terms of the deal, only see the impact.
quote:
Originally posted by legaleagle:
he is attempting to make us a fully reporting company before the Jan 3, SHO and move us up to a higher exchange.
[This message has been edited by TruthTeller (edited December 14, 2004).]
This kind of nonsense makes me laugh:
"And in Roger Glenn's case he cannot give us answers until he has completed negotiations with the SEC and the Market Makers. He is dealing with the SEC investigation of UCAD / USCA, he is attempting to make us a fully reporting company before the Jan 3, SHO and move us up to a higher exchange."
Some piss ant worthless company that doesn't have diamond one suddenly is negotiating with the SEC and MM's. Give me a f*cking break, will ya ! Negotiating with the SEC and MM's to square a NSS of the century is done all the time, don't you know that? It's routine, it's customary, it's bull****, is what it is. Quiet period, I have to hear that puke again. These fools that subscribe to the Sterling/DrD/Zen, ect..school of nonsense will just keep coming up with this kind of bullcrap, and when they can't think of anything else they will just go back a couple of months and resurrect some failed theory and give it a new date. It is getting embarrassing for the faithful to be hanging onto, and promoting this insanity. The management of this company are liars, cheats, and thieves, and when the padlock goes on the door these fools can have a fund set up for their sorry losing asses, they just can't get enough of what ails them. When it crashes around everyone's head they will have a web address where you can send your money to help UC out, hopefully out of jail. These theories are getting laughable.
quote:
Originally posted by Upside:
We'll never know the terms of the deal because I strongly suspect there is no such deal nor is the naked short position real.
And I will continue to "whine" until several things happen that I normally associate with honest stocks.
1. Fully reporting
2. share structure
3. PRs that say something except "maybe"
4. $1.00 a share without a reverse split, or my death, whichever comes first (not much hope for this one).
The rest of you can keep quoting and dreaming, I'm a bit of a realist, and I dont think this is going anywhere but down the drain.
- http://www.tacyltd.com/Research_Materials_Full.asp?id=53751
-http://www.ealaw.com/index.php?stuff=page=att|AttorneyID=39
-you have to do a search his name,but this is some of what it says about him...
Roger has over 20 years of experience in securities law. He has handled numerous IPOs and other public offerings, PIPE transactions, exchange and hostile and friendly tender offers, mergers and acquisitions involving public and private companies, private placements, Rule 144A sales, Rule 10b5-1 plans and all filings and reports required by the Securities Exchange Act of 1934.
The companies he has represented have been in the telecommunications, media, health care, financial services, technology and software industries and have had securities listed on the New York and American stock exchanges and the NASDAQ stock market.
Notable Experience
• Roger was involved in the $600
million acquisition by a major
telecom company of corporations and
limited liability companies holding
FCC licenses.
• Roger represented another major
telecom company in a cash tender
offer and the $450 million
outstanding high-yield debt of an
acquisition target pursuant to a
change-of-control indenture
provision.
• He was instrumental in the
acquisition of an Austrian wireless
telecom company with $1 billion of
assets.
• Roger handled the successful takeover
of an insurance company by hostile
tender offer.
• Roger represented a telecom company
in the issuance of $200 million in
Senior Notes in a PIPE transaction.
Recent Speaking Engagements and Publications
• The Going Public
Sourcebook,co-author, a guide to
the initial public offering process
and ongoing reporting and other
compliance obligations of a public
company published by RR Donnelley
Financial.
• Corporate Responsibilities of
Public Companies in 2003,
author, 2003.
Before Edwards & Angell
After college, Roger practiced as a Certified Public Accountant on the audit staff of Deloitte & Touche in Miami. He began his legal career with the Securities and Exchange Commission, where he conducted investigations for the enforcement division.
[This message has been edited by highwaychild (edited December 14, 2004).]
quote:
Originally posted by tic_toc:
ROFL
THIS SHOULD BE AT THE TOP OF EACH PAGE OF ANY CMKX THREAD.
[This message has been edited by will (edited December 14, 2004).]
quote:
Originally posted by will:
Yes indeed UpMan, there is no deal, you are absolutely correct.This kind of nonsense makes me laugh:
"And in Roger Glenn's case he cannot give us answers until he has completed negotiations with the SEC and the Market Makers. He is dealing with the SEC investigation of UCAD / USCA, he is attempting to make us a fully reporting company before the Jan 3, SHO and move us up to a higher exchange."
Some piss ant worthless company that doesn't have diamond one suddenly is negotiating with the SEC and MM's. Give me a f*cking break, will ya ! Negotiating with the SEC and MM's to square a NSS of the century is done all the time, don't you know that? It's routine, it's customary, it's bull****, is what it is. Quiet period, I have to hear that puke again. These fools that subscribe to the Sterling/DrD/Zen, ect..school of nonsense will just keep coming up with this kind of bullcrap, and when they can't think of anything else they will just go back a couple of months and resurrect some failed theory and give it a new date. It is getting embarrassing for the faithful to be hanging onto, and promoting this insanity. The management of this company are liars, cheats, and thieves, and when the padlock goes on the door these fools can have a fund set up for their sorry losing asses, they just can't get enough of what ails them. When it crashes around everyone's head they will have a web address where you can send your money to help UC out, hopefully out of jail. These theories are getting laughable.
Like I said.
[This message has been edited by highwaychild (edited December 14, 2004).]
quote:
Originally posted by highwaychild:
Either CMKX will become fully reporting or they won't.
Either they have the goods or they don't.
Nothing is proven yet.
There are other stocks out there that dig up diamonds that don't get this much attention.I mean seriously,I know some people have alot of money on the line on this,but being that it's so cheap,how can people take this so serious?
I mean,I want this to go up as much as anybody,but if it don't,whatever.But if they become fully reporting,and have the goods,well then...it's a whole different ballgame,isn't it?[This message has been edited by highwaychild (edited December 14, 2004).]
quote:
Originally posted by Upside:
legaleagle,
Do you really believe they will be a fully reporting, listed company by early January?
quote:
Originally posted by Upside:
legaleagle,
Do you really believe they will be a fully reporting, listed company by early January?
Certainly. If this were a scam Urban would have been out long ago; selling 800 billion shares at some average like .0005. Netting 40 million dollars, he would have said "oops" no diamonds found in our claims, and been gone. Instead he hired Roger Glenn, who never would have taken the case without some chance of winning. Nor would his partners have allowed him to. They have a valuable reputation to protect.
If, as some believe, Urban just retained him to get him out of trouble; then why are they buying gold mines and uranium mines, and who knows what other mineral properties and claims, as well as accumulating Joint Venture partners as witnesses?
If Roger Glenn wants to get the company reporting in time to be covered by SHO on Jan 3, he needs to be fully reporting no later than Dec 23. Each day he delays leaves CMKX exposed to naked shorting of the company stock.
I am not date setting. There can be many legal issues yet to be resolved. But IMO Roger Glenn has already handled those and reporting is imminnent. I won't set a date on "imminent", that would be too much like "soon".
ALL IMO
[This message has been edited by legaleagle (edited December 14, 2004).]
[This message has been edited by legaleagle (edited December 14, 2004).]
quote:
Certainly. If this were a scam Urban would have been out long ago; selling 800 billion shares at some average like .0005.
But how can you be so sure that's not exactly what he did do, then said oops after realizing the mess he created, then hired Mr. Glenn?
------------------
"If We Agree To Disagree, Then We Can Remain friends"
[This message has been edited by Doctoall (edited December 14, 2004).]
Instead he has gone on with the accumulation, both before and after Roger Glenn.
He showed Roger Glenn the "goods" or he would not have involved himself and his company. All the talk of just doing it "for the money" is just uneducated talk when it comes to reputable law firms. They are getting plenty of money. And they get it because of their reputations.
He could have gotten an (as some may call it) "ambulance chaser"; but not Edwards and Angell or Roger Glenn. IMO
quote:
Originally posted by Doctoall:
Legal; I for one have lost any faith that this company will rebound and become something of value to us shareholders. I still have 12 mil shares at 0.0001 that are all but worthless. So while I have no reason to believe in CMKX after all the crap that has gone on, I hope that you are right, but I would not invest one more cent in this stock nor would I encourage others to do so. Until I see some positive results in this stock I remain unmoved by your posts. Show Me The Money (Diamonds) And I May Start To Believe Again.
I am not in the business of promoting stocks. If I were, it would not be one like CMKX. There is much risk in this one, but we all know that is the source of gain. If that is how you feel, if that is all you want to invest in this "gamble" then you have reached the place you want to be. I wouldn't recommend that you buy one more share.
Personally, I obtained a few more last week at .0001 on the high volume day. I am now waiting to see if they make it three days without being reversed. I think that was today, and they are still there. But I am not promoting this stock, I just answer questions with my opinion. That opinion is based on many months of DD on the company before jumping in. I have seen the good and the bad on this company and Urban Casavant. I think the good far outweighs the bad. I know Roger Glenn has a strategy, that is what he gets paid to do, and I am anxious to see it play out, because at a minimum it will be "very interesting".
IMO
[This message has been edited by legaleagle (edited December 15, 2004).]
quote:
Because there was an easier out, as I stated. Just say "We didn't find anything and close up shop." As a pink sheet he didn't have to answer any questions.
But would that really have been an easier out? If those 400/800 billion shares were in the hands of shareholders, don't you think some noise would have been made? Enough to start an SEC investigation? Enough to start multiple lawsuits? To me, the easy out is to hire an attorney who is familiar with the SEC from a firm that has proven itself capable of defending officers of publicly owned companies in shareholder lawsuits. Wouldn't that only enhance their reputation with their target audience?
quote:
Originally posted by Upside:
originally posted by legaleagle:
But would that really have been an easier out? If those 400/800 billion shares were in the hands of shareholders, don't you think some noise would have been made? Enough to start an SEC investigation? Enough to start multiple lawsuits? To me, the easy out is to hire an attorney who is familiar with the SEC from a firm that has proven itself capable of defending officers of publicly owned companies in shareholder lawsuits. Wouldn't that only enhance their reputation with their target audience?
For this to have been a scam, Urban would have needed to announce some type of success at finding diamonds when he had not. CMKX was a diamond exploration company. If you "explore" and people "bet" on you, and you don't find anything, then you haven't done anything wrong.
We know he accumulated target claims. If there wasn't anything on those claims, and he is forced to close up, then there is no harm done. He carried out his responsiblity to "explore". There was no guarantee of success. He would have to file bankruptcy to avoid shareholder claims; but that is a fairly simple task for a bankruptcy attorney. Ask "The Donald". IMO
[This message has been edited by legaleagle (edited December 15, 2004).]
[This message has been edited by legaleagle (edited December 15, 2004).]
quote:
For this to have been a scam, Urban would have needed to announce some type of success at finding diamonds when he had not. CMKX was a diamond exploration company. If you "explore" and people "bet" on you, and you don't find anything, then you haven't done anything wrong.
That's true when looked at in black and white, but when you throw in all of the ambiguous p/r's, oughtright lies by their company spokesman on message boards and so on, it becomes a different situation.
Answer one question if you will. The p/r they issued that the Carolyn pipe was found to be diamondiferous was released on a Thursday after market close when the U.S. markets were closed the following day for President Reagans funeral. They claimed to have the results from the Saskatchewan lab. Those results were disappointing at best. Why then did they release a p/r that inflated the hopes of every investor and at the same time cause harm to come to their Canadian partners?
quote:
Originally posted by Upside:
originally posted by legaleagle:
That's true when looked at in black and white, but when you throw in all of the ambiguous p/r's, oughtright lies by their company spokesman on message boards and so on, it becomes a different situation.Answer one question if you will. The p/r they issued that the Carolyn pipe was found to be diamondiferous was released on a Thursday after market close when the U.S. markets were closed the following day for President Reagans funeral. They claimed to have the results from the Saskatchewan lab. Those results were disappointing at best. Why then did they release a p/r that inflated the hopes of every investor and at the same time cause harm to come to their Canadian partners?
The "diamondiferous" PR, released by CMKX on June 10, 2004 was based on samples which were analyzed and tested by a Laboratory. They proved that the samples were diamondiferous. There were five holes drilled at Carolyn, with 12 core samples in total. The first samples from two of the holes were stored in a secure warehouse, and half of the samples were sent for this analysis. Following this, three more holes were drilled. So we have a report on only two of the twelve samples. The remaining ten are still the subject of much speculation as to what they contained.
In addition, any laboratory test results are sent to the Sask government, and are available to anyone, including our competition. i.e. DeBeers.
All of these samples were examined by our geologist in the "warehouse" and the samples to be examined were "chosen". The rest apparently stored in the secure facility for later analysis.
What I am proposing, is that with a prior geologist examination of core samples, the company can obtain the results that they want by submitting the samples that produce those results.
Imagine for a moment that they actually had samples with larger diamonds, and send those for analysis. The information is immediately out to everyone, that CMKX has made a "major" find. As a result there is heavy demand for CMKX shares and the price starts to run. However, with a NS position, the MMs would hold down the price by further shorting into the run.
The only way to prevent this would be to hold up the best results until the company moves off the pinks, to a higher exchange.
Moving to a higher exchange was exactly what Urban went to Roger Glenn to accomplish. Roger joined the company right after the results were made known.
This is a long way around to answer your question.
The "diamondiferous" PR was issued to inform shareholders that Carolyn contained "something" of hope, without announcing the results of the remaining core samples.
After the release, the market was closed for Reagans funeral. The Canadian exchange was open, and the JVs were halted to avoid giving them an advantage while the US markets were closed.
The following Monday, I believe it was, the JV's issued the "micro" PR in order to be re-placed on the exchange for trade. No harm was done to the JVs, they were just not allowed a trading advantage over CMKX.
I suspect that we will know what the results of Carolyn are, only after we are reporting and move up to an exchange where positive results can benefit the company PPS without any interference from the MMs. All IMO
[This message has been edited by legaleagle (edited December 15, 2004).]
[This message has been edited by Binky (edited December 16, 2004).]
[This message has been edited by legaleagle (edited December 15, 2004).]
Have you been following UAHC? It's now up to 6.70! Talk to you later.
[This message has been edited by bill1352 (edited December 15, 2004).]
NSDM has reached agreement with a very well known Canadian joint venture partner. More details of this agreement will be announced when regulatory approval is received. Walter Stunder, President of NSDM explained that this partnership will add significant resources to an immediate kick-off of the 2005 exploration program without compromising or diluting share holder value. The drilling program can now be executed for 2005.
...Hope it's CMKX.If it is or if it isn't,it sure leaves alot out there to the imagination.Especially to me since I own some of each.
----------------------------------------------------------------
Ed,you da man.I enjoy your posts.Keep 'em comin'.
Weather or not everyone here knows everything or not,it's still the biggest wait and see I've ever seen.
I get a big kick out of this thread.Sometimes in the head.LOL
Sure is fun though.
[This message has been edited by highwaychild (edited December 15, 2004).]
By: wodan11
15 Dec 2004, 05:46 PM EST
Msg. 131554 of 131564
Jump to msg. #
CMKX !!!! URANIUM claim ????
http://www.antenna.nl/wise/uranium/ucomp.html
owning uranium claim, tenement, property,
- - - - -
In good spirits, Craig
quote:
Originally posted by Newpaper:
I have been losing money ever since I bought cmkx at .0009. And even though my monetary value went down, the entertainment value increased. I feel it's a wash so for. I thank everyone for their input -even the negative ones...smiling. The joy this site and thread has given me is money well spent......LOLIn good spirits, Craig
[This message has been edited by TruthTeller (edited December 15, 2004).]
Mondayschild's(nice name) info is impressive as well.
Up,
I hope you are right.
quote:
Originally posted by highwaychild:
No Truth,I haven't seen 'em,but knew they should be rollin' in soon.They say a picture is worth a 1000 words.So thats worth 66,000 words.But just to save bandwidth,I see 2 gold ore processing plants there in Portovelo,and going on memory,one in Las Vegas.Going on the CMKX October 19th P.R. they should be churning out a steady 80 tons of gold ore per work day by now.Mondayschild's(nice name) info is impressive as well.
[This message has been edited by TruthTeller (edited December 15, 2004).]
[This message has been edited by Binky (edited December 16, 2004).]
[This message has been edited by Binky (edited December 16, 2004).]
As far as Glenn is concerned, I stated months ago that his resume did not appear so impressive to me...and I stand by that statement. Just a few deals specified and no names. Hell, a junior lawyer on Wall St. has a better CV than that! Go check out the background of a Sam Butler at Cravath, Swaine & Moore and you will see a real securities lawyer's background. By now, he may have retired. He had about 7 or 8 junior lawyers working with him that would make Glenn shake in his muddy Carolyn pipe boots!! Then there was Sam himself...one hell of an honest, fair but hard-as-nails tough outside corporate counsel. Enough of the BS about Glenn!!
Scroll down to see CMKM DiamondsOnly one problem.... the website would not work when I clicked on CMKM Diamonds. It is probably something posted in cmkx website now but it is said to be down along with USCA website.
http://www.antenna.nl/wise/uranium/ucomp.html
quote:
Originally posted by Wallace#1:
IMO, IMHO, AISI (as I see it), MTL (more than likely), etc.As far as Glenn is concerned, I stated months ago that his resume did not appear so impressive to me...and I stand by that statement. Just a few deals specified and no names. Hell, a junior lawyer on Wall St. has a better CV than that! Go check out the background of a Sam Butler at Cravath, Swaine & Moore and you will see a real securities lawyer's background. By now, he may have retired. He had about 7 or 8 junior lawyers working with him that would make Glenn shake in his muddy Carolyn pipe boots!! Then there was Sam himself...one hell of an honest, fair but hard-as-nails tough outside corporate counsel. Enough of the BS about Glenn!!
Wallace, IHTTLATIEWBISCOTYAB ( I have tried to look at this in every way but it stil comes out that you are bashing.) LOL Just kidding wallace, don't stop digging.
Dwman -- Glenn's CV shows something like 6 to 8 accomplishments...incl 1 IPO. That is no record to brag about!
tic-toc -- If I gave Will credit for that Minister of Information thing when it was due you...sorry. However, why not let Will enjoy it since he seems to be in another of his sour moods! LOL
quote:
Originally posted by Wallace#1:
highwaychild -- As I suggested, look up Sam Butler's CV. He handled more securities deals in a week than Glenn handled in a year.Dwman -- Glenn's CV shows something like 6 to 8 accomplishments...incl 1 IPO. That is no record to brag about!
tic-toc -- If I gave Will credit for that Minister of Information thing when it was due you...sorry. However, why not let Will enjoy it since he seems to be in another of his sour moods! LOL
Wallace, my friend, tell the whole story. http://www.ealaw.com/index.php?link=page=attorneys|AttorneyID=39
quote:
Originally posted by Bottomliner:
Any news on the GEMM share distribution that was announced several weeks ago? Supposed to be 3 distributions for owners of CMKX as of 10/01/04: We got one but nothing since. Any facts will be appreciated.
[This message has been edited by pappy (edited December 16, 2004).]
quote:
Originally posted by Wallace#1:
Just read through the last two pages of posts. The best parts were Will's post about the Minister of Information and Up's telling legaleagle he seemed to know what he was talking about! LMAO Doubt Up was right about CMKX having another run in store for the hopeful and the faithful. Oblivion (as in CIM) is more likely. IMO, IMHO, AISI (as I see it), MTL (more than likely), etc.As far as Glenn is concerned, I stated months ago that his resume did not appear so impressive to me...and I stand by that statement. Just a few deals specified and no names. Hell, a junior lawyer on Wall St. has a better CV than that! Go check out the background of a Sam Butler at Cravath, Swaine & Moore and you will see a real securities lawyer's background. By now, he may have retired. He had about 7 or 8 junior lawyers working with him that would make Glenn shake in his muddy Carolyn pipe boots!! Then there was Sam himself...one hell of an honest, fair but hard-as-nails tough outside corporate counsel. Enough of the BS about Glenn!!
"Enough of the BS about Glenn!! "
You are the one who is constantly bringing him up. For someone who doesn't like the stock, you have nothing better to talk about...
Not for nothing but you seem to enjoy watching yourself type (speak), IMHO, YBU (You Ben-Wah user)
quote:
Originally posted by pappy:
ABOUT A MNTH AGO MY GEMM SHARES DOUBELED. SORRY ABOUT THE SPELLING[This message has been edited by pappy (edited December 16, 2004).]
So it has probably been 25 years since Mr. Butler actually "fought" for a client.
Mr Butler is now 74 years of age, so I guess he would have quite a case volume, even if most did occur during the Eisenhower administration.
[This message has been edited by legaleagle (edited December 16, 2004).]
Press Release Source: U.S. Canadian Minerals Inc.
U.S. Canadian Minerals Inc. Brings New Processing Online
Thursday December 16, 7:13 pm ET
LAS VEGAS--(BUSINESS WIRE)--Dec. 16, 2004--U.S. Canadian Minerals Inc. (OTCBB: USCA - News) announced today that its second Yellow River, Ecuador, processing facility has commenced operations and has begun extracting gold from ore 24 hours a day. This second facility increases the ore processing capacity of the company's Yellow River Mining subsidiary (of which the company owns 80%) to more than 40 tons of ore per day. The company presently has sources that produce that amount of ore per day, but there can be no assurance that this supply will be sustained. Moreover, the amount of gold contained in ore varies, and there can be no assurance that the company will continue to be able to obtain ore for processing that contains gold in commercial quantities. The continued operation of the processing facilities depends upon a number of local factors, including the continued availability of satisfactory labor.
Further information can be found at http://www.uscanadian.net/.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.
--------------------------------------------------------------------------------
Contact:
U.S. Canadian Minerals Inc.
Chris Hanneman, 303-220-8476
--------------------------------------------------------------------------------
Source: U.S. Canadian Minerals Inc.
quote:
!!!!!!!!!THE QUIET PERIOD IS OVER!!!!!!!!!!!
ALLRIGHT!!! NOW THE PPS WILL SYROCKET, RIGHT?
quote:
Originally posted by Upside:
originally posted by legaleagle:
ALLRIGHT!!! NOW THE PPS WILL SYROCKET, RIGHT?
Upside, the PR restates all of the information from the last one. The PR is to announce two things, one written, one not. Written: USCA OTCBB (15c211) Not written: "The quiet period is over; we passed SEC scrutiny". ALL IMO OF COURSE
LAS VEGAS--(BUSINESS WIRE)--Dec. 16, 2004--U.S. Canadian Minerals Inc. (OTCBB: USCA - News)
Is USCA an OTCBB stock?
quote:
Originally posted by legaleagle:
!!!!!!!!!THE QUIET PERIOD IS OVER!!!!!!!!!!!
Shows you how little you know about how WS lawyers operate…incl CEOs. He was rough and tumble from the 60’s right up to his retirement from Cravath. Just more of your IMO, IMO, IMO without any real information or knowledge. You are speculating...I AM NOT!!! I knew the man and worked both with and against him for years. Still, Sam was “fighting for his clients (the various huge publicly traded companies), not the shareholders, just as Glenn is “fighting for CMKX and UC...not the CMKX shareholders. No offense, but you are seriously mistaken.
Dwman,
Glenn’s CV has been posted time and time again. That is why I did not post it again…even though it would take just a few minutes to type it out, let alone copy and paste it.
quote:
ed19363, I'm just curious... If cmkx files and shows a value of 100 million gazillion and an outstanding share count of 1 share outstanding and the pps goes to 5 trillion gazillion dollars per share, will you still bash this stock?
Can't speak for Ed but I probably will.
quote:
ALLRIGHT!!! NOW THE PPS WILL SYROCKET, RIGHT?
What the heck is a syrocket?
back in june or around that time when the lawyer PR came out we went to .0013.
now...many of you say "well big deal OTC, or oh wow a filing" but if a PR about roger glenn moves us to .0013 then i think a filing, or gold revenue PR even a small diamond find less than expected would put it back up there.
now, i have 18,350,000 shares i bought at .0001. at .0013 thats 23,855 dollars, which is probably a lot bigger gain than many doubters on here are making with perhaps a few exceptions.
with an even higher than hoped for O/S count i think it will hit .002 or .005 to be safe. thats without diamond valuation...is this not a real prediction to some?
many forget that even if a company fails there is much money to be made it in, and many did make money already in this. at .0001 this company has only one direction to go and thats up. i suggest many of those who exhibit uncontrolable amounts of pessimism invest in it, or otherwise show me another company at this price with greater potential to make a buck.
has anyone else bought a pink sheet on here that gave them so many different dividends? and i dont want to hear "oh so what cash they are restricted blah blah"
i dont care i still have them....do you? didnt think so. the CIM dividend is going to be sweet gravy for some of us when it IPOs in the future.
Merry christmas from Ar Ramadi
------------------
CashCow
ive seen many intelligent and humble investors on this board. as we say in my battlion "keep up the fire"
im increasing my position to 40 million shares next week if the PPS allows me to.
40 mil X .005= 200,000
i really hate to bring up military in post topics but ill make this the last one.
military generals and commanders dont look at a situation as in probably or probablities. say...it probably wont happen or probably will. they look at the scenario as if "CAN it happen, or cant it?"
CAN cmkx happen?
YES!
------------------
CashCow
quote:
Originally posted by dwman:
ed19363, I'm just curious... If cmkx files and shows a value of 100 million gazillion and an outstanding share count of 1 share outstanding and the pps goes to 5 trillion gazillion dollars per share, will you still bash this stock?
quote:
Originally posted by ed19363:
If there is only one outstanding share, where the hell are my other 26,999,999??
LOL. Sorry Ed. I thought you were one who said they didn't own any of cmkx. My bad.
quote:
Originally posted by CashCowMoo:ive seen many intelligent and humble investors on this board. as we say in my battlion "keep up the fire"
im increasing my position to 40 million shares next week if the PPS allows me to.
40 mil X .005= 200,000
i really hate to bring up military in post topics but ill make this the last one.
military generals and commanders dont look at a situation as in probably or probablities. say...it probably wont happen or probably will. they look at the scenario as if "CAN it happen, or cant it?"CAN cmkx happen?
YES!
Welcome back Moooooooooooo. I'm not one of those intelligent and humble investors but you and I have about the same number. I had 21 mill but gave 3 mill away to family...
Long and strong.
quote:
Originally posted by dwman:
LOL. Sorry Ed. I thought you were one who said they didn't own any of cmkx. My bad.
quote:
Originally posted by ed19363:
Nope, I'm long and strong too. I hate to come off like a basher, all I really want is some info from the company. One or two decent PRs saying we still have a chance would do it.
Ed
quote:
Originally posted by Upside:
So you actually think they'll still be around a year from now Will?
NMC, Inc. -- Nevada Mining Company, Inc. -- Announces Appointment of New Chief Executive Officer; Company Prepares to Release Five Years of Financial Statements During Week of 12/20/04
12/17/2004 6:00:00 AM
LAS VEGAS, Dec 17, 2004 (BUSINESS WIRE) -- NMC, Inc. (Pink Sheets:NMCX) announced today that Michael D. Sheppard, former CEO and Director of Atkinson Technology (Nashville, Tenn.), has been named chief executive officer and chairman of the board of Nevada Mining Company (NMC, Inc.). Maurice Furlong, co-founder of the Company, has resigned as chief executive officer and chairman of the board, effective immediately. Sheppard has over 30 years' experience in top-level executive positions with both private and public companies, including Kidpower, Inc. and Thomas Nelson Publishers. A nationally known speaker on financial matters, Sheppard is a sales, marketing and management specialist, whose expertise has been credited with a number of corporate turnarounds and record profitability. He has an MBA in business administration from Wright State University, and obtained a BS in engineering technology from Miami University (Ohio).
"We are pleased to welcome Mike to NMC. He has a history of working hard and smart to optimize results, and his energy and his depth of knowledge will be value added in the execution of NMC's business plan," said Furlong.
"With 30 years of management experience and 15 years serving as chief executive and/or president, I am no stranger to the tough decisions that have to be made along the way as our company emerges from development stage to become a revenue-generating enterprise. I look forward to leading NMC in a new era in which all of our efforts will be directed toward capitalizing on our properties and maximizing shareholder value in the realization of the shared vision," said Sheppard.
Furlong also announced that the Company is expecting to release financial statements for the years 1999 through 2003 next week. The five years of financial statements were prepared by an office of Pannell Kerr Forster International.
Mr. Sheppard's bio and the NMC's onsite operations video may be viewed on the Company's new website at www.nmcinc.com.
NMC, Inc., through its wholly owned subsidiary, Peeples Mining, Inc., has interests in mining and ore processing. In addition to its Skull Valley (Ariz.) claims, the company owns 7 mining claims of 20 acres each in Mesquite, Nev. and 17 mining claims on 340 acres in San Bernardino County, Calif., in all of which it owns 100% of the mineral rights
But also hope there won't be a CMKX ticker next year.Casavant Mining International could be a wild card in this.Not just for another name change,but a company that puts the mining in Casavant Mining International and has somthing behind it.
quote:
Originally posted by highwaychild:
Hope I'm not dead Will.But also hope there won't be a CMKX ticker next year.Casavant Mining International could be a wild card in this.Not just for another name change,but a company that puts the mining in Casavant Mining International and has somthing behind it.
quote:
Well, you have a chance to see it, "play out", in your old age if you just celebrated your 3rd birthday.
Let's say highwaychild is 3 right now and lives to be 80 years old. That's 77 years from now. What do you figure the o/s will be by then?
quote:
Originally posted by highwaychild:
3.What a number you through out there.
As in how many processing plants?
gold price up.$441.90. Up $4.69 today.
OT: Tony.Bet you been watching PLNI.Am I right?
[This message has been edited by highwaychild (edited December 17, 2004).]
quote:
Originally posted by CashCowMoo:ive seen many intelligent and humble investors on this board. as we say in my battlion "keep up the fire"
im increasing my position to 40 million shares next week if the PPS allows me to.
40 mil X .005= 200,000
i really hate to bring up military in post topics but ill make this the last one.
military generals and commanders dont look at a situation as in probably or probablities. say...it probably wont happen or probably will. they look at the scenario as if "CAN it happen, or cant it?"CAN cmkx happen?
YES!
DrDiamond
Global Moderator
Check the FALC out this weekend...
« Thread started on: Today at 03:42am »
You may want to check the FALC (Fort a la Corne) Region out this weekend if you have some spare time. Over the NET of course. Some interesting developments are occuring.
The FALC region and Saskatchewan are extremely hot areas in the minerals industry and continuing to grow more interestingly exciting day by day. From Diamonds to Uranium you can find it in Saskatchewan and not just in small quantities, we are talking about the largest diamond and uranium deposits on the face of the earth.
Shore Gold and Kensington/DeBeers are ready to make their determination to mine or not to mine public in the near future and I believe we should all know the answer to that one already. The truth is that they have known for sometime that the feasibility of mining in FALC on their current mining projects were a win/win situation over a year ago. Project surround headed up by CMKM Diamonds, United Carina, Consolidated Pine Channel Gold, Shane Resources, United States Canadian Minerals, and others we can’t mention just yet, are on the same target kimberlitic clusters that Shore Gold and Kensington/DeBeers is on and from all of the evidence I have seen, we got the bigger pipes and more of them.
Jovan Silic, Dr. Mark Hutchinson, and Ralph Newsome have been around for a while in the FALC (Fort a la Corne) region and I would venture to say very few know the area any better than these geologists and geophysicists. These are just some of the team members on board with our project surround and info has suggested that there could be as many as 25 other members on board. CMKX and companions have a very bright and promising future in this very mineral plenty region of the world and we are right in the middle of it with them.
Think good thoughts and have a great weekend.
Dr.D
[This message has been edited by legaleagle (edited December 18, 2004).]
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.
--------------------------------------------------------------------------------
Contact:
CMKM Diamonds, Inc.
Andrew Hill, 306-752-3755 or 877-752-3755
cmkxir@casavantmining.com
[This message has been edited by Upside (edited December 18, 2004).]
quote:
Originally posted by Upside:
So does this mean that we no longer own 60% of their 500,000 acres in Saskatchewan?[This message has been edited by Upside (edited December 18, 2004).]
We bought the percentage of holdings with shares of CMKX; we bought back the shares with $200k cash and a promissory note for $2 mil. Wouldn't have any impact on the holdings. IMO
quote:
Originally posted by TruthTeller:
First of all I am just happy for a PR.
Second, its a good PR. But we still have many questions unanswered as always..
I think those answers are coming soon, TruthTeller. This one was just about reducing the OS before filing. IMO And my guess is, it will be much lower than many think. If it was 800 billion, why even bother about announcing 75 billion less. It wouldn't do very much good.
quote:
Originally posted by legaleagle:
I think those answers are coming soon, TruthTeller. This one was just about reducing the OS before filing. IMO And my guess is, it will be much lower than many think. If it was 800 billion, why even bother about announcing 75 billion less. It wouldn't do very much good.
quote:
"Being able to reacquire these shares for this price is a great opportunity for the Company," said Urban Casavant, the Company's CEO.
It sure is a great opportunity when you consider that's a price slightly less than .00003 per share. Wonder if they'll be dumped on the market at .0001 yielding a quick 7.5 million for a 2.2 million investment?
If you could get the float down though, you could get this hot rod rollin'.
Hopefully this PR was just like the pre-run burnout, before a strong qualifying pass that gets CMKX in the next race.LOL
[This message has been edited by highwaychild (edited December 19, 2004).]
[/B][/QUOTE]
quote:
Originally posted by highwaychild:
Will you got the 1000th post.Top page too.
Turning chicken salad into chicken sh*t.
j/k.Pretty funny stuff.
quote:
Upside, do you post on another board as Upside NJ?
Thanks,
Steve
No I don't Steve. This is about the only place I post. Lurk a little here and there but that's about it.
quote:
Originally posted by Upside:
It sure is a great opportunity when you consider that's a price slightly less than .00003 per share. Wonder if they'll be dumped on the market at .0001 yielding a quick 7.5 million for a 2.2 million investment?
. This company cracks me up.
quote:
Originally posted by TruthTeller:
look at the time of the PR, Sat at 8pm
With so many shareholders, chat rooms, and message boards it takes a long time to get it distributed, disected, and digested before Monday morning. LOL
I hope they don't go back to 50 day quiet period.
quote:
Originally posted by legaleagle:
With so many shareholders, chat rooms, and message boards it takes a long time to get it distributed, disected, and digested before Monday morning. LOL
------------------
CashCow
quote:
Originally posted by highwaychild:
I'll probably regret this(lol),but what did you think of the PR Will?
I'm new to the whole pennies game, but can someone offer any advice...what determines if it will drop to .0001?
ANy help would be appreciated.
Declaration Date: --
Ex Date: --
Record Date: 10/01/2004
Payment Date: 12/10/2004
Dividend Type: Stock Div. payable in another company.
Dividend Amount: +stk
Notes:
Refer to the D/L of 11/16, 2nd revision of P/D by Co. +Approx .00012267 of a restricted share of Juina Mining Corp (OTC: GEMM) for each share held. Will not be quoted Ex.
From this old PR...
CMKM Diamonds, Inc. Announces Purchase/Dividend of Juina Mining Shares
10/16/2004 3:19:00 AM
LAS VEGAS, Oct 16, 2004 (BUSINESS WIRE) -- CMKM Diamonds, Inc. (Pink Sheets:CMKX), announced today that it has exercised its option to purchase an additional 127,336,036 shares of Juina Mining Corp. (Pink Sheets:GEMM) for $500,000 USD. The Company has elected to purchase these shares to issue as a dividend to all CMKX shareholders as of the October 29,2004 record date .The distribution date for this latest dividend is set for November 30, 2004.
Further updates will be made in press releases and on both companies' websites.
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 website, http://www.casavantmining.com.
SOURCE: CMKM Diamonds, Inc.
CMKM Diamonds, Inc.
Melvin O'Neil, 306-752-3755 or 877-752-3755
ipr@sasktel.net
[This message has been edited by safeguard (edited December 20, 2004).]
quote:
Originally posted by skrewball:
I put in a limit order for 4.5mil at .0001. Of course it hasn't been filled. The ask never goes lower than .0002, yet people are able to sell at .0001.I'm new to the whole pennies game, but can someone offer any advice...what determines if it will drop to .0001?
ANy help would be appreciated.
------------------
~,-,-< GatorMan
"Any help would be appreciated."
screwball...
Why would you even consider buying this (CMKX) cement anchor? Suggest you look elsewhere if you do not want to lose your money.
quote:
Originally posted by bill1352:
i see sggm has now joined cmkx at .0001. & ed i'd be very suprised if they were retired. they paid .00003 each for them. i'm sure enough made in back into the market to cover the cost at least. of course whats 75 million to an o/s with hundreds of billions
quote:
Originally posted by JEAL:
That is 75 billion not million
quote:
Originally posted by will:
Yea, less than a wopping 1% of 790 billion, billion, million makes little difference with that O/S count.
quote:
Originally posted by Trade Dog:
[QUOTE]Originally posted by will:
[b]Yea, less than a wopping 1% of 790 billion, billion, million makes little difference with that O/S count.
quote:
Originally posted by will:
That be correct at 75 billion, dogface. The man said 75 million, and it still makes little diffrence. Oh wait, maybe that PPS will soar to .0002 and hold there for an hour. Besides, it isn't retired, it's another freaking foolish faithful's rumor. The only thing these guys intend to retire is your $ from your pocket.Will,
this day this hit's huge (and it most certainly will) I am going to come and laugh at you for hours on end for being such an idiot!!!!!! GO CMKX
quote:
Originally posted by will:
Yea, less than a wopping 1% of 790 billion, billion, million makes little difference with that O/S count.
quote:
Originally posted by JEAL:
Sorry - but that is actually 9.46% not 1%
This just shows how stupid some of these people really are. It is hard to believe anyone would entertain anything they have to say. It is kind of amazing someone that mathematically challanged can even use a computer much less be in the stock market.
quote:
Originally posted by Vinny:
Do you guys know the difference between million and billion?? perhaps not?? GO CMKX
quote:
Do you guys know the difference between million and billion?? perhaps not?? GO CMKX
I do! I certainly know the difference between let's say 800 million and 800 billion anyway. The difference is that a company with 800 million outstanding has a slight chance of going somewhere. A company with 800 billion outstanding does not.
quote:
FYi.. the boards are a buzz with rumors of a filing today or sometime this week to fall in compliance with SHO in January.
I'd love to make a bet on that.
OS will be so low, your mouth will drop to the floor............
P.S. Melvin is still employed by Urban Casavant
quote:
Originally posted by rde3:
The 75B were definitely "retired" per Andy Hill, IR guy. Urban has been retiring shares all along..... filings have been administratively pushed thru to the SEC and should be coming out any day now.......OS will be so low, your mouth will drop to the floor............
P.S. Melvin is still employed by Urban Casavant
D
quote:
Originally posted by Upside:
originally posted by Vinny:
I do! I certainly know the difference between let's say 800 million and 800 billion anyway. The difference is that a company with 800 million outstanding has a slight chance of going somewhere. A company with 800 billion outstanding does not.
quote:
Originally posted by will:
You mind backing that up with some facts?
quote:
Originally posted by boised:
When dividends are calcuated the OS is used correct? In that case from the divs. already released the OS is around 7xx Billionish.. a retiring of 75 Billion is not going to do much of anything. IMHO.
Browsing another site I picked this up:"
Why did Cmkx buy the Ecuador mine? Why diversify into
another country when the belief that diamonds and other
minerals are available on our claims? There are many
gold mines in Ecuador. Why did we spend the money to
send Roger over there and start a project that is on a
tangent from the diamonds? Was the mine being worked
before we bought it? Gold is up in price. Who would
sell a mine that was producing at a profit? Was it a
quick fix to show profit for some strategic reasons to
satisfy the SEC? It confuses me. Wouldn't the money be
better spent to locate diamonds with additional
drilling rigs in Canada? There is gold in Canada also.
Are we in the process of building a giant mineral
consortium? A lot of questions to answer that I don't
understand. Add the uranium mine that we have
supposedly acquired also. Not being negative in any
way. Just trying to figure out the mindset of our
(Cmkx) company! Any ideas?? Sincerely, John
so cmkx is a gold and diamond company now ? OI POLOI!
quote:
Originally posted by boised:
When dividends are calcuated the OS is used correct? In that case from the divs. already released the OS is around 7xx Billionish.. a retiring of 75 Billion is not going to do much of anything. IMHO.
quote:
upside,
I love how you and will always point out as FACT that the os is 800 billion. The last time I checked the AS is 800 billion and we are all waiting to see what the OS is. I respect your posts (for the most part) but please if you are going to spit out numbers at least have the correct terminology. No one knows the OS THAT IS A FACT.
D
Point taken D. It is a bit of speculation on my part but it does appear to be in the neighborhood of 800 billion based on the dividend distriburion rates.
Upside, where is wallace? Haven't seen hide nor hair of him. Hope he didn't fall into a hole somewhere.
How are you, my fine friend? Hope you and all posters here have a Merry Christmas, Happy Holidays, a safe New Years and a prosperous and healthy 2005!
[This message has been edited by Wallace#1 (edited December 21, 2004).]
"I thought the answer to that question "why did cmkx buy the ecuador gold mine was answered well. It was purchased for the cash flow it generates and that is necessary for filing."
**********************************
For some reason I doubt you or anyone else will see much (if any cash flow) from that gold mine. You will be lucky if you ever see an SEC filing if that is to what you are referring. It is more likely just another diversion away from diamonds where they can play with stockholders' money all the more.
[This message has been edited by highwaychild (edited December 21, 2004).]
[/B][/QUOTE]
Wish you would stay on the ball, my friend. LOL Is that guy's name legaleagle or is he just one of the regular faithful followers? LOL j/k
quote:
Originally posted by Wallace#1:
Will, you wrote:
"Sorry a couple of posts late."
************************Wish you would stay on the ball, my friend. LOL Is that guy's name legaleagle or is he just one of the regular faithful followers? LOL j/k
quote:
Originally posted by Upside:
And how was your dinner Will?
Bet he didn't eat crow!!!
Goodnight.
quote:
Originally posted by Upside:
And how was your dinner Will?
"Merrell lynch was notified on thursday that cmkx was in a "Admistrative push". The dtc notified them. The push means that cmkx was putting all their filings through at once last thursday and friday."
Also, Dr. Diamond said that several of his trusted sources lead him to believe very strongly that we will see something from the company this week. (the filing, I suppose).
there is a differance here highway. the feds stop 10% of the drugs coming into this country. is there a shortage of drugs where you live??? not around my area. stock pps is a supply & demand world. the supply of cmkx shares is too great to be effected by a missing 75 billion. to expand on that point you would need to add the o/s of about 75 of the fortune 100 companies together to reach the 75 billion cmkx might have retired. in fact the total o/s of the fortune 500 is about the same as cmkx's o/s minus those 75 billion.
quote:How are you, my fine friend? Hope you and all posters here have a Merry Christmas, Happy Holidays, a safe New Years and a prosperous and healthy 2005!
[This message has been edited by Wallace#1 (edited December 21, 2004).][/B]
Hey Wallace... good to see you are still around. I'm doing good and a very Merry Christmas to you and all posters here.
quote:
Originally posted by Wallace#1:
dwman, you wrote:"I thought the answer to that question "why did cmkx buy the ecuador gold mine was answered well. It was purchased for the cash flow it generates and that is necessary for filing."
**********************************For some reason I doubt you or anyone else will see much (if any cash flow) from that gold mine. You will be lucky if you ever see an SEC filing if that is to what you are referring. It is more likely just another diversion away from diamonds where they can play with stockholders' money all the more.
Perhaps you are right, Wallace. Time will tell. What I have in cmkx, I can afford to lose. If you are wrong, my 18.8 mil will be glad I held them. So will I.
quote:
Originally posted by Upside:
And how was your dinner Will?
Will, I sure hope your next dinner is crow and be sure to invite my friend wallace. LOL
Just kidding.
quote:
Originally posted by dwman:
Will, I sure hope your next dinner is crow and be sure to invite my friend wallace. LOL
Just kidding.
quote:
Upman can clean the crow bones we discard.
Give them to my dog.
"Upman can clean the crow bones we discard."
*********************************
Now that IS a real "boner"!!! LOL
Talk to you all later.
Lastly, Dr D also reported he was abducted by aliens, probed and prodded for hours before they released him, brainless,returning to his fantastic postings.
quote:
Originally posted by will:
I hope so too, but the chances are slim and none, and slim was last seen running down the street. If by some miracle a crow dinner is inorder, not only will I eat it greedily, but I will buy for Wallace and myself. Upman can clean the crow bones we discard.
LOL... He can bury them in all those holes in his back yard. When I was a kid, I used to go fishing with an old man who was really funny and a very good story teller. He once told me that he killed a crow and took it home, dressed it, and told his wife it was a duck. She cooked it and they ate it. LOL
quote:
LOL... He can bury them in all those holes in his back yard.
That's all my back yard is now dw, one big hole. Thanks for the help digging but what about the filling and reseeding now?
The Securities and Exchange Commission (SEC) really has been on our TEAM all along. For years we thought as investors that we were out there all alone in the market because of years and years of many people being on the losing end from stocks being manipulated.
I received a very important phone call from the SEC that was very powerful. The info is so powerful that I deemed it would be selfish for me to not share such with those in here since our goals have always been to help each other as much as possible. What I am about to share might be known by some, but I am sure that it is not understood by most. This is concerning the true power and intentions behind Regulation Sho. There is more that I have not heard discussed by people and I think there are some things we are not seeing correctly by normally seeing the SEC unsuccessful attempts so often in the past.
What you are about to read are not my opinions. It is what I was told by the SEC and was given permission to share this information with you for a better understanding. I was told that they want our feedback so they will want to know if it worked or not in fixing what they knew was broke for years, but just recently discovered how to resolve.
The pressure is on the Market Makers (MMs) to do what is right because all eyes will be placed on them. There will be many key Federal Authorities, Economists, Mathematicians, etc. that are already lined up to be performing certain studies for historical purposes. All the MMs have to do to not make matters worse is to do what is right and fix what they had broken for years with any fully reporting company that’s a threshold security as soon as possible. Let me explain a bit further to show you how this will work.
First understand that the SEC always wanted to help us shareholders, but never knew how to do so. They had always received many complaints, but never knew how they could trap the MMs to simply do what was right. The shorting and naked shorting had gotten out of hand as I will explain both.
The Naked Shorting
With the implementation of Regulation Sho, the MMs will be forced to close out their open naked short position on all stocks that meet the Regulation Sho requirements for coverage. They will have to do this everyday by midnight beginning on 3 Jan 05.
This leads us to talk about the requirements as some are already familiar. A stock must be fully reporting and considered a threshold security. A threshold security is one where .5% of its outstanding shares (OS) have been proven to have been naked shorted for 5 consecutive trading days and where the MMs have failed to close out those positions for five consecutive trading days.
Example: If stock ABCD had 2,000,000 shares outstanding and was a fully reporting company as of 3 Jan 05, the MMs would need to fail to close out the open naked shorted position of .5% of 2,000,000 shares which would equate to 10,000 shares not being “completely” covered for 5 consecutive trading days. This means that the MMs would need to make sure they don’t allow 5 consecutive days to happen where they leave any balance remaining of the 10,000 naked shorted shares as an open account of stock ABCD. They must “completely” close all open accounts of naked shorted positions.
For proper accountability of all of this to work, the SEC will have to have a coordinated TEAM effort from key entities within the market as authorities. The SEC, Depository Trust Company (DTC), brokerage companies, all market exchanges, the fully reporting companies, and their transfer agents will all be working together to make sure all the proper coordination take place for Regulation Sho to work.
Coordination will take place with the fully reporting company (and their transfer agent if they have one) to make sure there is a full accountability of what’s their OS. The facts will be reflected in the company’s SEC filing which is why it is essential for them to be a fully reporting company.
The DTC will be responsible for informing the SEC where the open sales exist as in the amount of shares existing that have transacted through them that they placed into our brokerage accounts. This was a problem before because many relied on the DTC to give them more than this information to help resolve this issue sooner.
This is where the brokerage companies come in along with the help from the exchanges. The SEC will be further detailing and defining their information of transacted shares from the DTC by having revealed to them the guilty MM that have transacted the naked short position from information received from the brokerage companies and all of the market exchanges. This is proving to be something bigger than what many of us had realized. Let me explain why.
All of this brings us back to something I discussed earlier. When the supply of shares of a stock is zero, the supply is zero. It doesn’t matter how you get there, be it by a naked short position or by the float being absorbed. This is where it all starts as a short squeeze will now be formed and grows as demand to purchase shares increase. This is where the misperception exists with Regulation Sho. People think that a new naked short position has to be created as of 3 Jan 05 in order for a stock to be eligible for protection and rectification under Regulation Sho. This is not true. It’s even better. All naked short positions of the past will not go away and must be dealt with. The clock begins ticking for covering on 3 Jan 05 for fully reporting companies. PERIOD!!! This means that any stock that has been naked shorted will automatically start out in a forced short squeeze mode that will only escalate the longer the MMs wait to cover.
Any buying pressure will cause the increase of the naked shorted position to grow to begin approaching the 5 day consecutive window of not getting covered by the MMs. After the 5 days transpire where the MMs have failed to deliver and close the open naked shorted position, that stock in which they failed to deliver will be placed on a Threshold Security List for the public to view. This is where it starts to get awesome.
Logged
spaz
God of Diamonds
member is offline
PM
Posts: 1843
Re: Sterlings new post SEC
« Reply #2 on: Today at 2:20pm »
CONT.
Example: Let’s say stock ABCD, a fully reporting company, was trading at .01 cent and had an OS of 1,000,000 shares. Let’s say that stock ABCD have been naked shorted by 1,000,000 shares over the OS/float of 1,000,000 shares. Come 3 Jan 05 the MMs will not be forced to “possibly” immediately cover the 1,000,000 naked shorted shares. Here’s the beauty of this and where the MMs are currently mad at everyone about. Don’t worry, they will make money, but in a different way as we might talk about later.
With no buying pressure, they won’t have to cover as soon as one might have hoped as shares are sold exceeding the amount of shares being bought for stock ABCD. Still, if they don’t cover the “entire” 1,000,000 naked short position for 5 consecutive days, stock ABCD will show up on the Threshold Security List for the public to view on 10 Jan 05. After such, the MMs have 13 days to close out the “entire” naked shorted position or face being suspended and/or shut down from that security and other penalties to possibly put that MM out of business. The end result will still be the supply being zero and the stock would be forced to be traded correctly based on supply and demand with an already dried up supply. This means the creation of an instant short squeeze!
What I anticipate happening, and the SEC, is that in the above example with stock ABCD, the MMs will need to get the 1,000,000 naked shorted shares out of circulation by increasing the bid to entice shareholders to sell. The problem comes when they allow for the buying to outweigh the selling due to increased demand for the stock. As orders are placed to buy shares, they must be filled by the MMs. This will worsen their problem when nobody is selling. As the MMs make the mistake and allow for any stock to be placed on the Threshold Security List, it will publicly reveal where the MMs are already having a problem in covering. Us as shareholders will see this list and contribute with forcing the short squeezes for every stock on the list.
If they raised stock ABCD to .50 cents and there was more buying than selling than no ground would have been gained by the MMs. They only gain ground when there is more selling than buying that exists.
IMPORTANT: So where is the “Threshold Security List” that we all will be looking for? This is how we all get a chance to help the MMs reap what they sowed. Go to…
www.nasdaq.com
… to see the Threshold Security list beginning on 10 Jan 05 and review it daily. Any stock that you see on that list “should” immediately present a wonderful buying opportunity by being in an instant short squeeze scenario. The MM guilty of the naked shorting will have a hard time from not generating enough selling by enticing the bid high enough for shareholders to sell to out weigh the buying to allow for a covering to transpire.
Again, I do not believe that all MMs are bad and I am not posting this to lead some type of crusade against the MMs. Remember, all we ever wanted was for the MMs to trade the stocks we invest into fairly as investor/traders in the market. Without the MMs, there would not be a market and all the SEC is doing is making sure the MMs create and maintain an orderly market, fairly. This Regulation Sho is something that is long over due.
The Shorting
The shorting of stocks are referring to the Pilot Program that was delayed to begin on 2 May 05 and will last for one year through 2 May 06. This is where they will be selecting 1,000 stocks to use for an SEC experiment that they call the “Tick Test.”
Example: Imagine stock ABCD trading at $10.00 per share. Let’s say you now decide to short stock ABCD at $10.00 per share by buying through shorting 1,000 shares. You really just borrowed $10,000 to short stock ABCD to buy 1,000 shares. Two days later, let’s say stock ABCD drops to trade at $8.00 per share. You now decide to cover your short in stock ABCD and sell your 1,000 shares back to the market to have them delivered at $8.00 per share for a total of $8,000. You cover by paying back the 1,000 shares you borrowed, but since the price dropped down to $8.00 per share, your cost for paying back the 1,000 shares of stock ABCD will be $8,000. Since it’s mostly all about the share amount and not the dollar amount for covering in the eyes of the MM, you would profit the $2,000 difference from using the proper timing for delivery of the 1,000 shares.
The SEC will be doing a study on 1,000 stocks while examining these stocks to see how and why certain problems have existed throughout the market with the delivery of the shorted positions. What they have come to find out is that there is a problem that exists with somebody shorting a stock as reflected above and never delivering the funds to cover the shorted position whether the stock goes up or down. They have come to find out that somewhere and somehow the intentions to later deliver never existed. The Pilot program is being designed to get to the bottom of this.
The opportunity that we have here with the rectification of the naked shorting and shorting of stocks is something that will go down in history for the better in fixing something that was broke for a long time. The primary objective is to have an orderly and fair market for those stocks that are legitimate and trying to actually grow to trade fairly on its own merit of supply and demand principles and not on manipulation of choice.
Bottom line, any stock falling under the protection umbrella of Regulation Sho will automatically begin trading under a short squeeze scenario due to its supply of shares immediately being zero. How huge the short squeeze materializes is predicated upon how soon or how long the MM that is guilty of naked shorting decides to take for covering. Whenever the “demand for buying” exceeds the “demand for selling” within that naked shorted security, the MM will have a very difficult time in covering by the mandated time frames allocated. Added buying pressure will only compound the dilemma for the MM.
I am expecting Jan 05 to be the best month in the history of the market for opportunities for prosperity because of Regulation Sho. We are about to be part of a positive piece of history. I hope the above info have helped many to see what is the importance of making sure you are positioned and well planned for strategic moves to be made in the market to capture the opportunity for prosperity. We all must prepare and plan now if we can afford to do so. People don’t plan on failing, they fail to plan. May we all become prosperous!
All is well! http://www.sterlingsclass.com/
;-)
Sterling
quote:
Originally posted by Upside:
originally posted by dwman:
That's all my back yard is now dw, one big hole. Thanks for the help digging but what about the filling and reseeding now?
Upside, don't worry. We can reseed. We're gonna have gold seeds, diamond seeds, radioactive seeds (from the Uranium), and just plain ole seeds like me. LOL
quote:
Upside, don't worry. We can reseed. We're gonna have gold seeds, diamond seeds, radioactive seeds (from the Uranium), and just plain ole seeds like me. LOL
Appreciate the offer but I now have a big frozen hole for a back yard. Poor dog, every time he goes out to do his duty he falls into it. I'll take you up on it in Spring though. Might be interesting to see what those plain ole seeds sprout.
Baby CMKXs?????
God bless all and Merry Christmas and Happy New year. By: my69z
24 Dec 2004, 09:09 PM EST
.....What a Web We Weave.....
I hinted back in Sept that Urban sat on Explor Resources.But not until today did I start to see some hidden things thanks to a link Willhub from Investors Hub stumbled across....(Thanks Will)
http://investorshub.com/boards/read_msg.asp?message_id=4777816
Click on Team Trading :
* Owners are Cindy & Wesley Casavant
* Affiliated with J-Pacific Gold
Click on Explor Resources :
* Beverly Casavant
* Duane & Randall Studer
* Ayotte
Duane & Randall :
* Founders/owners of Durama Interprises
* Durama received the $3 million drill contract from CMKI on Aug.27th '03
* Father is Vernon Studer
Vernon Studer :
* Owns North Sask-Ventures
* Sold 25 claims to CMKI on Sept. 3, 2003
* Received 80k shares...$8k..from Explor on 1-28-04 http://www2.cdn-news.com/newsnet/2004/01/28/0128122n.html?cp=baystreet2
Look under Consilidated Abaddon resources for "Mr.Vernon"..
http://finance.lycos.com/qc/news/story.aspx?symbols=CCN:100&story=200411232121_CCN_1123118n
Mr.Ayotte :
* Explor Resources Board of Directors
* CEO/Pres of Normabec Mining Resources Ltd
* St-Bruno, Quebec, September 10, 2002-- Normabec Mining Resources Limited (NORMABEC) and SOQUEM announce the outline of a wide platinum-palladium (Pd-Pt) anomalous zone (1,600 meters by 150 meters) on the Albanel property and the completion of 32 trenches on the Dompierre Property. SOQUEM and Normabec are equal joint venture partners on both of these concessions.
* April 7, 2003-- Normabec Mining Resources Limited (NORMABEC) and SOQUEM INC. (SOQUEM) wish to announce the signature of a letter of intent for an association in the Desjardins Property where significant gold values have already been intersected by drilling.
* -- Normabec may acquire its 50 % interest in the Desjardins Property by conducting a total of 250,000 in exploration before December 31, 2004
* May 28th,2004....Explor Resources signs option agreement for La Morandiere
La Morandiere :
* Copper-Zinc-Silver property
* This mineralized zone was discovered in 1970-1971 by a "SOQUEM"-New Jersey Zinc joint venture
* Remained unexplored for base metals from 1972 to 1998
* " volcanogenic massive sulphides "
* " confirmed that this locality hosted a new and unexplored target for VMS.
* Drilled by R. J. Tremblay
http://www.mbendi.co.za/a_sndmsg/news_view.asp?I=59540&PG=15
Moussea Tremblay :
* Was Executive Vice-President of SOQUEM for 5 yrs
* Pres/CEO of Diagem
* From the McFauld’s Lake Project.." massive sulphides discovered in the James Bay Lowlands...
http://www2.cdn-news.com/newsnet/2003/07/31/0731028n.html?cp=ccnmatthews
** Are the 2 Tremblay's related?? I don't know.But Mousseau Tremblay tried for 20 yrs to raise money for the James Bay Lowlands.
Did he also have his eye on this dormant property..??
La Morandiere
Just brainstormin,
gltua
Chris
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&board=CLB01219&read=135679&startfrom=&numposts=60
cmkx on pinksheet
pick this up on ihub and looked into it and on the page now has unsolicited if you click on that you will find this i have hi lihgted what may be a key.
Unsolicited Quote
An unsolicited quote is one which represents an "Unsolicited Customer Order". Publishing unsolicited quotes allows a broker/dealer to meet and exception to Rule 15c2-11, which requires a broker to have in its possession current information, including financial information, about the issuer of the securities . To avail itself of this exception to SEC Rule 15c2-11, an NASD member firm must ensure that the quotation published or submitted: (1) is solely on behalf of a customer; (2) represents the customer's indication of interest; and (3) does not involve the solicitation of the customer's interest.
may mean that we are very close to filing
tony
quote:
Originally posted by right42day:
What's up with GEMM today? Up 789% to .40 any body got any ideas?
A wrong print or MM's srewed up a trade.
Livios
quote:
Originally posted by dwman:
I'm having wallace, upside, bill, and will withdrawal pains. Where are you guys? I thought the board had shut down.
quote:
I'm here, and that guy is blowing smoke up your ass. That dd sucks!
Good to see Mr. Kindness is still around.
quote:
Originally posted by Upside:
originally posted by Will:
Good to see Mr. Kindness is still around.
quote:
Originally posted by Upside:
Congratulations Will! That must have been a good Christmas present. I'm sure you've already got the little guy on the road to financial freedom right? What's he got now, about a million CMKX shares in his name?
LMAO, picturing; "I'm here, and that guy is blowing smoke up your ass."
How close are you two guys? LOL
quote:
Originally posted by Upside:
originally posted by Will:
Good to see Mr. Kindness is still around.
Will acts tough but he's a good guy.
quote:
Originally posted by will:
Hey UpMan, how are you? Was Santa good to you? I had a new grandson a week before Christmas, nice present.
Congrats will!!!! Nothing like grandsons. I have three and one on the way. I sure like knowing what they will be. I have seven sisters and cannot get a grandaughter. Go figure. You would think one of my children would have girls.
quote:
Originally posted by will:
Yea, but his mother folded it in his diaper, and two pointed it in the trash! Oh wait! That wasn't a million shares of CMKX, sure did look like it though!
LOL That has to be the post of the year.
quote:
Originally posted by Wallace#1:
Hey dwman,LMAO, picturing; "I'm here, and that guy is blowing smoke up your ass."
How close are you two guys? LOL
LOL Wallace.... No smoke load. Remember I have the keys to the corn crib. Cobs make good stoppers.
[/B][/QUOTE]
quote:
Originally posted by boised:
Wow dec 28th and still no filing for SHO . Wonder what excuse the faithful/idiots will say when Jan 3rd comes and goes and the date is feb 3 2005... all these pumpers/idiots should be tarred and feathered but since they lost their pants.. it's good enough for me! Sho Sho SHO!! merry christmas!!
quote:
Originally posted by Upside:
Dang boised,
I'm not a believer in this stock either but the final whistle hasn't blown yet and even if you think it has, it doesn't seem right to be happy that a lot of people "lost their pants".
no no what I meant was people like Sterling and people that run Paltalk and send out bogus rumors and information some of which makes no sense as well as well as their rabid followers that are wide-eyed in awe over everything they say instead of thinking things through. Real investors on the other hand should of been smart NOT to invest more than they can afford to lose. With all the lying and deceit surrounding carolyn I don't believe CMKX has anything and the stock is not being naked shorted as the A/S has been confirmed to be pushed to 800 Billion by Urban with no news on explanation. Welcome to the pinkies 
Occy's Razor
Dr. Of Diamonds
member is offline
All I know is that RG has been getting paid for a long time with nothing to show for it. This is making me think more and more that he wasn't brought on to make CMKX reporting, but rather to put together all the fine print on the deals with the JVs. After all, all the share swapping and dealing started after he came onboard, and we have yet to hear anything from the company about share structure.
They could explain the raise in A/S last August, or the missing 2nd GEMM divvy, or the Sask suspension, etc without filing. A PR that contains actual valuable shareholder information would work. Maybe a drilling update? Shouldn't they be analyzine more core samples by now? What was the purpose of the SGGM deal? When will the spin-off shares get listed? Who is funding the funny car, shareholders or UC himself? Who paid for the H2? How many rigs do we have now? What happened to the remaining Carolyn samples? What were the anomolies spotted from the aerial survey? What kind of revenue is the Ecuador mine producing? Were they successful at increasing the output from the mine? Did UC get dividends on his shares or not? And if so, from which issuance?
Every PR leads to more unanswered questions.... with this type of disorganization and unprofessionalism, I can only hope that they'll uncover a huge vein of diamonds while doing donuts in the fields of Smeaton in the CMKXtreme car.... but of course we wouldn't find out about it if they did unless somebody attends the races and overhears a conversation about a guy who knows an MM, who knows a geologist, who knows the IR guy, that heard it from a talking cow, that just happened to be eating chud in that area.
quote:
Originally posted by boised:
Wow dec 28th and still no filing for SHO . Wonder what excuse the faithful/idiots will say when Jan 3rd comes and goes and the date is feb 3 2005... all these pumpers/idiots should be tarred and feathered but since they lost their pants.. it's good enough for me! Sho Sho SHO!! merry christmas!!
LOL Boised.... We'll say "all these bashers (but not idiots) should be quiet for awhile." You really like that word idiot, don't you?
quote:
Originally posted by dwman:
LOL Boised.... We'll say "all these bashers (but not idiots) should be quiet for awhile." You really like that word idiot, don't you?
When theories about double cover shorts or theories of Insitutions coming to cmkx (when all they did was have orders in for $700 dollars) ... are we suppose to call that person a genius?
quote:
Originally posted by Upside:
The only time I had to double cover my shorts was when I was a little kid and had an "accident" and didn't want my mom to find out. Then I'd pull the old double cover in the garbage routine. And now that you mention it, at the time I did believe I was a genius for thinking it up!
quote:
Stop yourself, Man.
It was a joke you old crotch, take it easy. I do have two things for you though. One, a new date has been set for the squeeze of the century and it's somewhere around January 17th or so, approx. 2 weeks after regulation SHO kicks in. Secondly, joeyisthebest is still waiting to hear from us.
quote:
Originally posted by Upside:
originally posted by Will:
It was a joke you old crotch, take it easy. I do have two things for you though. One, a new date has been set for the squeeze of the century and it's somewhere around January 17th or so, approx. 2 weeks after regulation SHO kicks in. Secondly, joeyisthebest is still waiting to hear from us.
[This message has been edited by will (edited December 28, 2004).]
quote:
Originally posted by Upside:
What about joeyisthebest?
------------------------------------------
Not announcing the filing was an excellent gift
« Thread started on: Today at 19:10:46 »
I was disappointed that we didn't have news of the filing or a cash dividend for Christmas. But now I see that keeping quiet until January 3 is the smartest way to go.
The MM's have to cover every failed settlement after January 3. So our 'grandfathered' shares that we sell will trigger a failure. And any new buys not backed by a cert will fail.
If we file or announce we have filed on January 3 then buying pressure will increase. Those buys need to settle. The price will go up as buying comes along, since there is no longer an endless supply of stock.
Now we can get our news and/or a cash buyout offer from Urban. The shorts don't have to play nice but UC can offer .10 a share ( or .25, or .34 or .56 or .61) on such and such a day and if the price is .0004 and UC is offering .10 then buying will be off the hook crazy. All those trades need to settle.
If the price goes up and people sell: then any naked shorted shares sold will trigger a failure that must be settled.
So by holding off on giving us news and information the company is actually helping us more; than if they told us anything now, that would not budge the price.
We all know the company has news and now the writing is on the wall on why they have held it back. We need Volume buying after the filing to trigger settlement failure for 5 straight days. If we get news of the filing and then subsequent news of uranium sales, gold sales, diamond finds. etc. The price will go through the roof.
This is IMOO and it makes sense with everything I understand about SHO, CMKX, the market makers and the SEC/DTCC.
I can't wait to hear comments on this. Fire away if you can shoot holes in it. Thanks in advance. -Debi
quote:
Originally posted by TruthTeller:
Here is a post from Debi. Like I said this afternoon, whatever happens is part of a masterplan (this time excellent gift to put in exact words). If we file, its an excellent gift and if we don't file, its still an excellent gift.
Seriously its time to put up or shutup... actually i think its way past that time but at any rate.....
quote:
Originally posted by bckibler:
Good grief Will, I don't lurk here for a month and when I do you're still spouting the same ol' bashing about CMKX?? For gosh sakes, go out and find some aluminum cans to turn in for recycling money and buy yourself some shares so you too can make some cash when, and I repeat when, CMKX files and the share price reflects that filing. Gawd you are pathetic. I'll be back around the end of January to see some of your same old posts I'm sure of that!
[This message has been edited by Wallace#1 (edited December 28, 2004).]
quote:
Originally posted by Wallace#1:
Go get'em Will. What really amazes me is the fearless faithful!
Saw you message on that other thread and got my ass over here. You seem able to "hold your own" with any of the newer posters here.
Glass,
As far as being "right" is concerned, they just might be "right" out of their minds!
quote:
Originally posted by glassman:
you know wallace, they might be right.....
by the way, the green colored kool-aid is great
they have even started using mlon prs in the fantasy land theories
quote:
Here is a post from Debi. Like I said this afternoon, whatever happens is part of a masterplan (this time excellent gift to put in exact words). If we file, its an excellent gift and if we don't file, its still an excellent gift.
Truth,
I'll defend Debi till the end. She is one of the few that used to post here that was capable of intelligently defending her position and could carry on a rational discussion with anyone without it being dragged into the mud. I for one miss seeing her here along with the others that have left. Not saying I agree with her position but it sure made for interesting conversation along with Noah, Van, and others that have left. Nowadays if there's a disagreement on this stock it turns into someone shouting F-you, go to hell, or some other garbage that contributes nothing. This used to be a good thread because those people were here and now sadly, it's just a bunch of nothing.
quote:
Originally posted by Upside:
originally posted by TruthTeller:
Truth,
I'll defend Debi till the end. She is one of the few that used to post here that was capable of intelligently defending her position and could carry on a rational discussion with anyone without it being dragged into the mud. I for one miss seeing her here along with the others that have left. Not saying I agree with her position but it sure made for interesting conversation along with Noah, Van, and others that have left. Nowadays if there's a disagreement on this stock it turns into someone shouting F-you, go to hell, or some other garbage that contributes nothing. This used to be a good thread because those people were here and now sadly, it's just a bunch of nothing.
Should do the trick.
Couldn't resist
SMBDH
[This message has been edited by Upside (edited December 29, 2004).]
[This message has been edited by highwaychild (edited December 29, 2004).]
quote:
Originally posted by Upside:
The only time I had to double cover my shorts was when I was a little kid and had an "accident" and didn't want my mom to find out. Then I'd pull the old double cover in the garbage routine. And now that you mention it, at the time I did believe I was a genius for thinking it up!
LOL Upside.... I love it.
quote:
Originally posted by boised:
When theories about double cover shorts or theories of Insitutions coming to cmkx (when all they did was have orders in for $700 dollars) ... are we suppose to call that person a genius?
Nope, not genius. I reserve that word for folks who have more than one or two adjectives in their vocabulary.
quote:
Originally posted by Wallace#1:
Go get'em Will. What really amazes me is the fearless, foolish, faithful![This message has been edited by Wallace#1 (edited December 28, 2004).]
Wallace, my friend... I love the alliteration! Now that is genius.
Ed
"alliteration"
Stop using words like that...makes people have to look them up!! LOL
quote:
Originally posted by Wallace#1:
dwman,"alliteration"
Stop using words like that...makes people have to look them up!! LOL
LOL... somehow I doubt you had to look that one up Wallace.
Got UPSD?
quote:
Originally posted by Upside:
Hey highway, check this out! Dadog was checking me out as recently as October!
http://www.allstocks.com/stockmessageboard/ubb/Forum8/HTML/009675.html
Got UPSD?
Got UPSD?
Got UPSD?
[This message has been edited by Upside (edited December 29, 2004).]
------------------
Got UPSD?
quote:
Originally posted by CashCowMoo:
dfw i prob saw you there i flew into dallas fort worth yesterday from iraq for my R&R leave...thanks for showin up!
Cashcowmoo... I wasn't with the group of greeters yesterday. I was there this morning. We expected and had goodie bags for about 300 but as it turned out there were only 139 troops. Screaming, yelling, waving flags, hugs from the women, a few had family members there.... It was fantastic. You could pick out the ones where were dads. They shook all the little kids hands and gave high fives. One soldier reached in his pocket and gave one kid a coin. I couldn't help think about those who returned home from Nam and found things so much different. God bless America. God bless Canada. God bless the world. Oh, BTW, I haven't said this in a long time but GO CMKX!!!!!
quote:
Originally posted by bill1352:
on a side note...good for you DW, glad to hear folks showing up in support of our troops. i want to give you my personal thanks for that effort.
It was easy bill. Thanks.
------------------
Got UPSD?
quote:
Originally posted by Upside:
originally posted by TruthTeller:
Truth,
I'll defend Debi till the end. She is one of the few that used to post here that was capable of intelligently defending her position and could carry on a rational discussion with anyone without it being dragged into the mud. I for one miss seeing her here along with the others that have left. Not saying I agree with her position but it sure made for interesting conversation along with Noah, Van, and others that have left. Nowadays if there's a disagreement on this stock it turns into someone shouting F-you, go to hell, or some other garbage that contributes nothing. This used to be a good thread because those people were here and now sadly, it's just a bunch of nothing.
quote:
Originally posted by Upside:
No offense was taken Truth. I was just pointing out that the believers that left here were at least capable of discussing the stock rationally, a lot of the believers here now don't have that same capability.
Discuss the stock rationally? Rational? I'm rational. Who said I ain't rational? All ya'll that don't think cmkx is going to DSA Moon are the ones that ain't rational. This stock is gonna hit $2.25 by close of business tomorrow. See? I'm rational. My HONEST opinion is that before this time a year from now it will be sellin for $600 a share. Did Wallace tell you I ain't rational?
Oh BTW...above is JMO.
what has been goin on and what is this stock UPSD? seen a lot of talk about it.
oh DWMAN to answer your questions i am in the army. i am an infantryman and have neevr been stationed to a stateside unit yet, but i am highly looking forward to it after my tour in iraq is done. i went straight to korea after basic and straight from korea to the big sandbox.
the cmkx thread on allstocks ill never forget about cause it always makes me laugh. i dont get to check on it much but i try. there is always good info and then hilarious arguments usually with bill, upside, glassman, or wallace...you guys are a hoot you know.
20 million shares strong baby whoooo!!!!!!!!
------------------
CashCow
------------------
Got UPSD?
------------------
"If We Agree To Disagree, Then We Can Remain friends"
why not? almost everything else about cmkx is negitive, the volume might as well be too...lol
1813 trades
quiet day
http://www.stockwatch.com/swnet/utilit/utilit_snapsh_result.aspx
quote:
Originally posted by Upside:
No offense was taken Truth. I was just pointing out that the believers that left here were at least capable of discussing the stock rationally, a lot of the believers here now don't have that same capability.
Up, with all due respect, I disagree with your statement about rationality.
Those very same people:
Speculated on the amount of property leased as to potential results which is an irrational position;
Took a sample of two miniscule diamonds and irrationally built them into the find of the last 100 centuries;
Irrationally took a lawyer's insignificant CV and have him walking on water;
Took a statement about getting CMKX to a fully reporting mode and irrationally ran with it, knowing that CMKX never fully reported anything in the past;
Willingly jumped on the NSS bandwagon and irrationally blamed the MMs for anything that was happening to the stock pps.
Saw the authorized shares being increased ridiculously and irrationally found it to be a favorable situation;
Witnessed the past performance of UC and cohorts and made one irrational excuse after another for their lack of results, and,
I could go on and on about their irrational behavior which they are still spewing out about CMKX.
Name one statement made by any of them that was based upon fact and supported therby and I can name many, many more that were strictly irrational and based on hype, rumor and hope.
Could they talk up a storm? Yes!!! Could they post incessantly and accuse others of doing the same? Yes!!! Could they be grossly offensive? Yes!!! Did they wrongfully attract newbies into misguidedly buying into CMKX? Yes!!!
Have a really good time back here at home.
Please stay as safe as possible both here and in Iraq.
Nice to see you appreciated some of my input!
LOL
dwman,
No, that was my cousin who bought at .0009. Damn fool was trying to get the dog's butt up and moving! Should have known it was close to being dead. LOL
==================================
just imagine being a broker or the t/a for this stock...lol all the invester calls you'd have to deal with...lol. i guess filing by yr end is out though i'm sure some are sitting believing that by days end they will file. i'm thinking that clause about the stock having potential is the hold up. cmkx might have that potential but only if the o/s was not over 100 million maybe even 500 million. the sec is not going to qualify any stock with a 700 or even a 400 billion o/s as one with potential & it doesn't matter what they do in their business. microsoft would be below .01 with a 400 billion o/s & cmkx isnt anywhere near to getting the income of microsoft even if they found huge amounts of diamonds. if cmkx wants to be a honest, real company making money & treating shareholders fairly they first need an r/s of epic size. get the a/s below 500 million & the o/s below that. then report all info to the shareholders in a honest businesslike manor. where are the remaining core samples, are they really worth testing. have the drill sites, if they are still drilling, showing anything. are there any indicator minerals being found. what is UCA doing at the uranium claims if anything. until this is done cmkx does not qualify for SHO.
[This message has been edited by right42day (edited December 31, 2004).]
quote:
Originally posted by right42day:
I found this on another board I didn't know if this has been posted here.
http://cmkxshareholders.com/[This message has been edited by right42day (edited December 31, 2004).]
quote:
Originally posted by Upside:
Hey Happy New Year to all here! Hope you enjoy it. My wife and I are staying in and the neighbors are coming over later. I'm in the process right now of grilling a 6 lb. prime rib. Should be good unless I screw it all up and turn it into 6 lbs of shoe leather. My neighbor's going to come over with a bottle of Bombay Saphire gin so it could get a little ugly later. Sometime after midnight you just might see the drunker side of Upside! Enjoy the evening all!
What, no chicken salad?
Cashcowmooooo,
Good to see ya back,that ain't no jack
Keep it real,and say what ya feel.
I appreciate what ya do,don't cut no slack
Again to ya thanks man,and that's a fact.
Yea I'm Wack!
I'll be back!
Happy NEW YEAR folks.
------------------
Got UPSD?
quote:
Originally posted by Upside:
Funny, I had heard you were a crackerjack of a weatherman dw.
Up, I get so embarrassed when my wife tells people that.
HAPPY NEW YEAR ALL!!!!
quote:
Originally posted by Upside:
There is no such thing as the gray sheets.
My new year resolution.....
I ain't never gonna call em gray sheets again.
quote:
Originally posted by dwman:
My new year resolution.....I ain't never gonna call em gray sheets again.
What will you call them dwman? UPsheets.
OTC equity securities can be quoted on the Pink Sheets Electronic Quotation Service, and/or, if the securities are registered with the SEC and their issuers are current in their reporting obligation, on the OTC Bulletin Board. Some OTC securities are not quoted on either the Pink Sheets or the OTC Bulletin Board; these securities are sometimes referred to as gray market or "Other-OTC" securities.
[This message has been edited by legaleagle (edited January 01, 2005).]
Up late doing some...uh...D.D. huh?
Now that's what I call D.D....damn drunk.LOL
--------------------------------------------------------------
In the south,old people used to tell me that on New Year day, you were suposed to eat black-eyed-peas for good luck,and cabbage for money.Think I'm going to eat good today.lol
quote:
Originally posted by legaleagle:
What will you call them dwman? UPsheets.OTC equity securities can be quoted on the Pink Sheets Electronic Quotation Service, and/or, if the securities are registered with the SEC and their issuers are current in their reporting obligation, on the OTC Bulletin Board. Some OTC securities are not quoted on either the Pink Sheets or the OTC Bulletin Board; these securities are sometimes referred to as gray market or "Other-OTC" securities.
[This message has been edited by legaleagle (edited January 01, 2005).]
LOL I know that legal... That was for my friend Upside's benefit. I remembered the ongoing discussion you guys had and went back and found his quote. I thought he might smile at that but instead he threw a shovel of dirt on me while we were digging in his back yard.
quote:
Originally posted by dwman:
LOL I know that legal... That was for my friend Upside's benefit. I remembered the ongoing discussion you guys had and went back and found his quote. I thought he might smile at that but instead he threw a shovel of dirt on me while we were digging in his back yard.
LOL... watch that old people comment. I always have black eyed peas on new years day. Never heard the one about cabbage. Guess that's why I have lots of cabbage and no money.
quote:
Originally posted by dwman:
LOL... watch that old people comment. I always have black eyed peas on new years day. Never heard the one about cabbage. Guess that's why I have lots of cabbage and no money.
LOL,sorry.What I ment to say was, elders Dwman.LOL
quote:
Originally posted by highwaychild:
Upside wrote(at 4:47AM his time):
wqofhfuirhiHEDBIGDFLNCnfowhfehfhfefefnOpnprmu7vhe9hf9oewjhfUp late doing some...uh...D.D. huh?
Now that's what I call D.D....damn drunk.LOL
[This message has been edited by Wallace#1 (edited January 02, 2005).]
Yes, Up, I understand. It's really not your fault! It's just your affinity with the faithful. Just ask Will and he can straighten you out. And, I know dwman is praying for your recovery. LOL
BTW... ain't nobody faithful around here cept me. I am holding all shares until cmkx hits $325 per share and then I'm buying a house with indoor plumbing.
quote:
Originally posted by dwman:
OOOPS... Sent myself to the books. I guess in the context of your post, affinity with will work fine Wallace. You smart rascal.
quote:
Just ask Will and he can straighten you out.
I've gotta seek out Will for help? Oh man, I really am in trouble. And just for the record, highwaychild had it wrong. My "lskjsdutrnhrew" post came through at 2:47 A.M. my time. By 4:47 I was sleeping like a baby.
[This message has been edited by Upside (edited January 02, 2005).]
Hope the FALC lands are froze hard as a rock by now,
and CMKX has the motor runnin' hot and hard on those drills.
quote:
Originally posted by will:
Why don't you and Wallace get a room? LOL
quote:
Out with the old,in with the new.No offense Dwman.lol
[/B]
quote:
It was stated on here before that the NHRA was a tax write-off.Wonder how much $ CMKX will be getting back?
How is it a tax write off? It's not a charitable venture. If they are under the Casavant corporate umbrella and lost money they can write those losses off but if it's a personal hobby of Urbans I don't see how it could be then. The losses on the drilling program could be written off but what would that amount to. Spend a couple thousand on drilling, find two diamonds worth a total of 50 cents, you've got a write off of $1950.50 total. Maybe we'll get it back as a cash dividend, lol!
quote:
Originally posted by lanebro:
All that link tells me is that UC and Co. have created such a twisted web of confusion (I'd like to say conspiracy) that the feds will take years to unravel it. Can you not see that these companies have made no money MINING, to date? HmmmYes, race sponsorship is advertising, and 100% tax write off. It is also a great venue to sucker the uneducated who have sponsor loyalty. Surely you know PR releases are written by their PR people. Same happens at the track, sports writers have the easiest job, simply edit a prewritten release.
Besides,back to the old big question,Why a NHRA team?
Other than advertising,what does that have to do with the cost of (a diamond mining company) business?
[This message has been edited by highwaychild (edited January 02, 2005).]
------------------
Got UPSD?
quote:
Originally posted by Upside:
I don't believe that's true though. We spend a lot of money on advertising at my business and it's not deductible. It's a necessary cost of doing business.
quote:
Originally posted by Upside:
I saw dwman walking off with huge sakes of my dirt, possibly because they're diamondiferous after all.
You were not supposed to see that. You said you were going in to take a nap.
quote:
Originally posted by compound cash:
wait, I'm waiting for cmkx to have another spurt and then sell it, is that waht yall are waitin on?
Depends on what causes the spurt.
I have some sells set if it's a good one.But I'll hold on to 1/2 mine very long term no matter what since 1/2 mine(basicly) are free anyway from the last spurt...
quote:
Originally posted by Upside:
We'll probably be the first team to race an AMC Pacer though. But, we've already got the advertising down....GOT USPD?
Hey I say,I'm from the south,so I need a car that can at least run on some moonshine.That AMC Pacer won't cut it.I need a vett.And no not a http://www.chevettes.com/ , I need a http://www.corvettemuseum.com/ .
[This message has been edited by Wallace#1 (edited January 02, 2005).]
quote:
Originally posted by dwman:
OOOPS... Sent myself to the books. I guess in the context of your post, affinity with will work fine Wallace. You smart rascal.
I must admit, I did ponder that one for a while and left it with "with". Thanks for the oversight! LOL
Will,
You had better be quiet or I will arrange to burn the world's supply of pallets! LOL
Man, am I glad I didn't misspell "pallets" to "palets" (a small, hard or temporary bed often on the floor). That would have really given you the perfect opportunity!
[This message has been edited by Wallace#1 (edited January 02, 2005).]
quote:
Originally posted by dwman:
I was able to pick up 3 million more shares at .0001 this morning.
quote:
Originally posted by dwman:
I was able to pick up 3 million more shares at .0001 this morning.
WHY????
------------------
"If We Agree To Disagree, Then We Can Remain friends"
Looks like the clock gave you a few more days to play at the computer huh?
Wallace, your Depends under garments and liners have been left at your door.
P.S. Sorry I drank all your prune juice.
[This message has been edited by stalkandsnipe (edited January 03, 2005).]
quote:
Originally posted by Doctoall:
WHY????
Well, unless one is convinced that the company is about to go belly-up, it seems to me that it is sensible to pick up shares at .0001 since it cannot go lower (unless of course it does go belly-up). If it goes to .0006, my 23 million shares are worth 13800 and my cost is 4600 for the 23 mil. What's wrong that? Do you not think the pps will see .0006?
quote:
Originally posted by dwman:
I'm just curious doctoall. Are you just posting here or do you own shares of cmkx?
Yes I still own shares, I have 11.5 mil at 0.0001. I bought them way back before the run up to 0.0010. However, I have very little faith in this company and am not holding any hope of making any money with this stock.
As some of the folks in this chat will remember I use to be big on this stock, but as I said I have lost all faith and now am being more reserve with this position. Show me the goods and show me pps that will rise and that will convince me.
Until then I will hold the shares that I have but will not advise others to buy as I have done in the past.
Good Luck with your holdings.
------------------
"If We Agree To Disagree, Then We Can Remain friends"
quote:
Before someone reminds me of the difference between the o/s of St. George and CMKX.... yes I know.
Dang! Too slow again Upside!
------------------
Got UPSD?
quote:
Originally posted by ed19363:
Ummmm...beg pardon, but advertising as a cost of business IS a tax deduction AS a cost of business. Better check that one with a good accountant, cause my business takes the deduction every year.
Ed
Thanks Ed. Saved me the trouble of typing that. It is a write-off in as much as there are no taxes paid on the amount spent on advertising. So, you'll save whatever your bracket may be. We look at it as having spent only 1/2 on whatever we spent that year on advertising, due to being in a VERY HIGH bracket. Not bad for what we gain. Better than paying Uncle Sam I'll tell ya.
quote:
Originally posted by highwaychild:
I don't know,why I asked.Guess it's another one for D. Glenn man.But Lanebro had stated that he was/has been involved in the NHRA for quite some time.Besides,back to the old big question,Why a NHRA team?
Other than advertising,what does that have to do with the cost of (a diamond mining company) business?
Once again, may I repeat, UC loves his drag racing! CMKM is just a way for him to have earned enough to do so; someone elses money. We figure at this point, he's into sponsorships for 2005 = $2.5M or more.
Now, this does not include all the incidental costs. All those great handout packs, hospitality, hot dawgs, beer, hotels, airfare, etc.(multiply that by 23/ the number of events) The 2.5M he hands straight to the car owners. The rest is his additional burden. And he does do a topnotch job. They spare no expense from what I see out there.
In CMKX's case granted they are advertising if you go strictly by definition but what exactly are they advertising? Shares of stock? I have a hard time believing that a massive write off like you're proposing would fly in light of the fact that there is no product and the only new "customers" their ads would generate would be new investors.
quote:
Originally posted by Upside:
originally posted by dwman:
Dang! Too slow again Upside!
Rendell has sold ALL his shares.. time to bail!!!!
No person has better INSIDE information than ED RENDELL does...!!
HE IS SELLING...!!
If he expected 'good' things from the company, he would NOT be selling...!!
WATCH MY LIPS...
THIS IS NOT GOOD...!!
[This message has been edited by boised (edited January 03, 2005).]
"Go down the bottom above Rendall's signature and read what you see in green print."
Explanation of Responses:
1. The Common Stock was transferred as payment of a fee to a marketing consultant under contract for the benefit of the Issuer. No monetary value was attributed to the stock under the terms of the consulting agreement.
2. The Amounts of Securities Beneficially Owned listed in the Reports on Form 4 filed on 4/29/04 and 10/22/04 by the Reporting Person are overstated by 50,000 shares due to the failure to timely file the transaction reported herein.
http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=3104563&doc=1&total=&back=2&g=&attach=on
[This message has been edited by dwman (edited January 03, 2005).]
quote:
Originally posted by Upside:
That's true as long as it passes the litmus test for advertising, promoting greater sales of your product or drawing in new customers. My "advertising" does not pass that test, I have to have informational catalogs printed and distributed mainly to existing customers as well as some new ones.In CMKX's case granted they are advertising if you go strictly by definition but what exactly are they advertising? Shares of stock? I have a hard time believing that a massive write off like you're proposing would fly in light of the fact that there is no product and the only new "customers" their ads would generate would be new investors.
Do you realize you just summed it all up in a nutshell? No product...just investors.
When I saw the ticker tape paint job on the first Arend car; that's all I needed to see.
Also, the guv isn't as picky as you may think. It IS advertising. Dare them to prove it's not worthwhile. It increased gross revenue! That's pretty sufficient I'd say.
quote:
Also, the guv isn't as picky as you may think. It IS advertising. Dare them to prove it's not worthwhile. It increased gross revenue! That's pretty sufficient I'd say.
Now that's funny. When you look at it that way I guess I'd have to agree with you. What's the purpose of any advertising? Increase the bottom line. They certainly did that. Got CMKX?
example...From their website
DIAMONDS IN SASKATCHEWAN
-One of the largest known kimberlite clusters in the world.
-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.
[This message has been edited by highwaychild (edited January 03, 2005).]
quote:
Originally posted by highwaychild:
Kind of states the obvious.
People aren't investing in them because they are selling diamonds.I think people are investing because they are looking to find diamonds to sell.After all,it does take money to make money.
Alright, good point, but why CMK? It's lottery ticket mentality.
If you believe they are so close to mega finds, why not buy adjacent Shore Gold? DeBeers? Why'd we pick these guys? Get rich quick, right? They are working our utmost, deepest desire to become filthy rich.
A great Cinderella story unfolds...
Millions of happy customers.
I'm tellin' ya, if nothing else, UC et al, are brilliant.
But, to make matters a bit disturbing, they have attracted the attention of the strongest growing economy in America: blue collar. And guess what? These fine folks go to dragraces in the hundreds of thousands! NHRA is working that as well; perhaps UC hit it on the head first! That's pretty damn hysterical! (inside joke)
That, my friends, will be CMKX cashcow for a long time!
He don't need no damn diamonds.
quote:
Originally posted by Upside:
That's true as long as it passes the litmus test for advertising, promoting greater sales of your product or drawing in new customers. My "advertising" does not pass that test, I have to have informational catalogs printed and distributed mainly to existing customers as well as some new ones.
In re-reading this, Upside, you may do well by getting additional advice from a financial planner.
I don't know what state you incorporated in, but I would tend to think, increased rev or not, you're entitled to an non-taxable advertising benefit.
Perhaps you also need a new marketer. LOL. Just kidding.
quote:
Originally posted by lanebro:
Alright, good point, but why CMKX? It's lottery ticket mentality.If you believe they are so close to mega finds, why not buy adjacent Shore Gold? DeBeers? Why'd we pick these guys? Get rich quick, right? They are working our utmost, deepest desire to become filthy rich.
DeBeers is private.Shore Gold did find a monster diamond a while back.But it was most all the CMKX JV's that were going thruogh the roof in Oct.
I do own NSDM, there claims are close to Saskatchewan.
quote:
Originally posted by highwaychild:
DeBeers is private.Shore Gold did find a monster diamond a while back.But it was most all the CMKX JV's that were going thruogh the roof in Oct.
I do own NSDM, there claims are close to Saskatchewan.
I had a feeling Debeers was private. You must catch my drift, though.
I don't know you well enough to speak particulars, but I, personally, just FEEL this SO strongly; UC hit on something BIG here in the NHRA.
His sense of things (to be) huge is enough for me to bow backwards. Diamonds or not.
Okay, Just Maybe...
Best luck with NSDM.
I don't know who's into motorhomes, but this is the coolest thing I've seen:
http://www.airstream.com/product_line/motorhomes/skydeck_home.html
[This message has been edited by TruthTeller (edited January 04, 2005).]
quote:
Originally posted by TruthTeller:
knock. knock!!
Quiet period?[This message has been edited by TruthTeller (edited January 04, 2005).]
no kidding... was it something I said?
PTN wrote:
We should have seen our stock PPS go up. Even though I don't believe in charting for pinks but something is still fishy.
Here are the links again in a simpler format.
CMKX chart: http://tinyurl.com/6alxc
QBID chart: http://tinyurl.com/3nuz7
GEMM chart: http://tinyurl.com/4v833
------------------------------------------------------------
The accumulation for CMKX has been mind boggling sice the end of Aug. with nothing to SHOw for it.
quote:
Originally posted by lanebro:
no kidding... was it something I said?
quote:
Originally posted by dwman:
Bill, Will, Upside, Wallace, and others... I spoke with noahltl in paltalk today. He asked me to say hello for him. Hello from noahltl.
Thanks dwman. I am sure noahltl communicates here under another name we see here quite often with lengthy posts.
We also see JBCak, byrdturd, etc., etc, etc. posting under a new alias...."stalk and snipe". Now there's the world's biggest piece of human garbage! Wouldn't surprise me if he really is a stalker - from a legal point of view!! Legaleagle should have noticed something unusually strange and sick about him.
[This message has been edited by Wallace#1 (edited January 04, 2005).]
quote:
Originally posted by highwaychild:
Hi Noahltl,good to hear from ya.Hope your Colts go down this weekend,j/k,but not really.lol
Long and strong Broncos fan.Elway,please come back.lol
The Colts??? The Broncos??? Steeler Fan Here
------------------
"If We Agree To Disagree, Then We Can Remain friends"
quote:
Originally posted by bill1352:
thanks DW...say hi when ya see him.........watchin the game not a fan of either but would like to see OU beat USC if only cause U of M s**ks in the Rose Bowl...lol
Having grown up in Oklahoma, guess who I rooting for. lol
quote:
Come on you guys. It's time for the Eagles.
However, I'm not crazy about their purposely losing the last 2 games. Time they won the Super Bowl!!!
Uh-uh. Nope. Not this year. Not gonna happen. If they have to hook up with Green Bay again this year they are in trouble. Big revenge factor from last years playoffs even though the Packers shot themselves in the foot. Philly was just the beneficiary.
Up, when the Packers could beat the Eagles, your CMKX shares are going to be at .50...never happen!! They've already had their noses wiped on the turf by the Eagles and Farve is getting to be an old fart like the three of us...you, dwman and myself.
quote:
Up, when the Packers could beat the Eagles, your CMKX shares are going to be at .50...never happen!! They've already had their noses wiped on the turf by the Eagles and Farve is getting to be an old fart like the three of us...you, dwman and myself.
Old fart? Me? Heck, compared to you and dwman I'm just a wet behind the ears young whippersnapper!
quote:Yes sir ree young feller and don't you forget it.
Originally posted by Upside:
originally posted by Wallace #1:
Old fart? Me? Heck, compared to you and dwman I'm just a wet behind the ears young whippersnapper!
By: jfarn
05 Jan 2005, 12:37 PM EST
Msg. 139592 of 139592
Jump to msg. #
Just spoke with USCA rep:
1. HUDSON SECURITIES...sponsored 15c211
2. Paperwork was Fed Ex'd
3. Once submitted takes 5-10 business days
4. Ed D. and R. Williams are in Ecuador...hopeful to have news upon their return
5. Would not be specific about the 672,000 shares...mentioned about sale of shares to be used as an operational loan
JF
NASD Member Firm HUDSON SECURITIES,INC.
CRD Number 10467
SEC Number 8-030639
Applicant Name on Form BD HUDSON SECURITIES,INC.
Prior Business Names ARIEL SECURITIES
WIEN SECURITIES CORP.
Business Phone Number 201-216-0100
Main Office Located in NASD District: 9-Woodbridge
Main Office Address 525 WASHINGTON BLVD
SUITE 3600
JERSEY CITY, NJ 07310
Mailing Address 525 WASHINGTON BLVD.
JERSEY CITY, NJ 07310-1609
[This message has been edited by Upside (edited January 05, 2005).]
quote:
Originally posted by Upside:
A little off topic but is anyone here invested in MLON? Just noticed they have a new pumper on board that some here are familiar with. Guys name is Sterling. Anyone ever hear of him? Check out the MLON thread for his first theory "Parallel Valuation". What could be next? "Marios Perfect Sicilian Storm"? Gotta love it. Will, if you're around, check it out! I know you'll appreciate it![This message has been edited by Upside (edited January 05, 2005).]
Posted by: Mach1cobra
In reply to: None
Date:1/5/2005 3:49:35 PM
Post #of 26418
CMKX: I had called UC's cell number several time in the last few days and guess what, he called me back today.
First he said he is fine from the medical problems he just had and is feeling good. He also seemed very upbeat like always.
Said he could not give me a time frame and wished he could tell me more but cannot but did say all in past PR's and they are working hard on that and he could tell me that because it is in PR's. We need to read them again looks like.
He also stated they were working very hard with the SEC to get everything right and again said I wish I could tell you more.
I said to him you seem very positve still and he said, yes very positive.
I also said to him seems like we would have been shut down months ago by the SEC if something wrong and he said YES.
We talked briefly about the shorting issue and he had no comment in general.
I am glad to hear he is feeling so well and on a final note to me he said he would like to talk to me again in a month, whatever that may mean?
My Opinion on CMKX? I like it as good as ever and with the very low volume today and the bid and ask building is sweet.
I encourage all to read RBI post on my board last night.
Good luck everyone and does sound like Gemm Divvies are coming in, hmmm..
Mach Cobra
quote:
Originally posted by dwman:
www.investorshub.com/boards/read_msg.asp?message_id=5022280Posted by: Mach1cobra
In reply to: None
Date:1/5/2005 3:49:35 PM
Post #of 26418CMKX: I had called UC's cell number several time in the last few days and guess what, he called me back today.
First he said he is fine from the medical problems he just had and is feeling good. He also seemed very upbeat like always.
Said he could not give me a time frame and wished he could tell me more but cannot but did say all in past PR's and they are working hard on that and he could tell me that because it is in PR's. We need to read them again looks like.
He also stated they were working very hard with the SEC to get everything right and again said I wish I could tell you more.
I said to him you seem very positve still and he said, yes very positive.
I also said to him seems like we would have been shut down months ago by the SEC if something wrong and he said YES.
We talked briefly about the shorting issue and he had no comment in general.
I am glad to hear he is feeling so well and on a final note to me he said he would like to talk to me again in a month, whatever that may mean?
My Opinion on CMKX? I like it as good as ever and with the very low volume today and the bid and ask building is sweet.
I encourage all to read RBI post on my board last night.
Good luck everyone and does sound like Gemm Divvies are coming in, hmmm..
Mach Cobra
quote:
Originally posted by will:
"Parallel Pukefication" Glad I'm not holding any MLON, but maybe I should be. He does have a way of making chicken salad from chicken sh*t. Then again, the PPS never reflects his chicken salad pie-in-the-sky bullcrap.
[This message has been edited by TruthTeller (edited January 06, 2005).]
quote:
....and what would you expect him to say? No, I'm not positive, I have been printing and dumping shares like crazy, just send money. Reminds me of an Edsel salesman, car leaking oil on the showroom floor, door tied shut, and he's telling how wonderful it is.
BULLCRAP !!!
Nice going dwman, now you've gone and got him riled.
quote:
Originally posted by will:
....and what would you expect him to say? No, I'm not positive, I have been printing and dumping shares like crazy, just send money. Reminds me of an Edsel salesman, car leaking oil on the showroom floor, door tied shut, and he's telling how wonderful it is.
BULLCRAP !!!
quote:
Originally posted by ed19363:
Hey, I always kinda liked Edsels.....
quote:
Originally posted by Upside:
Come on Will, let's buy some MLON just so we can keep tabs on Sterling. And of course so I can watch you get hair pulling, chest grabbing mad when he posts a new theory.
quote:
Originally posted by Upside:
It's on page 1 of the current MLON thread. He's not posting here himself, it was copied and pasted here by whizknock. Posted at 12:42. The authors name is stervc. That's Sterling. It's a must read!
quote:
Originally posted by Upside:
Ok but check back in when you're done reading it so I know you didn't have a grabber. I know how you get. Maybe we should check with Doctoall and see if he lives near you just in case.
[/B][/QUOTE]
quote:
Originally posted by Upside:
Ed,
I believe the talk you're hearing about phantom shares are what the naked short theorists believe. I think the theory is that Urban has bought up almost the entire o/s of "real shares" and everything that everyone else holds are the phantom or naked shorted shares. I'm describing it in simplistic terms but I think thats the gist of it.
If this has already been posted please forgive.
MAJJ.PK closed yesterday $1.92 did not trade all day until right before close. I copied down two bids...there were so many... one was for $2450 per share. One was for $3505 and the stock closed at $2808.
KNTF.OB closed yesterday at .0001 and opened today at .50 and closed at $2.60.
MAJJ.PK closed yesterday $1.92 did not trade all day until right before close. I copied down two bids...there were so many... one was for $2450 per share. One was for $3505 and the stock closed at $2808.
KNTF.OB closed yesterday at .0001 and opened today at .50 and closed at $2.60.
======================================
?????????????????????? KNTF is at .65 with 1 trade today for 100 shares & according to what i can tell almost every share is owned by the company or its parent company. MAJJ had no trades in days but is at $655. it had no data about the company
quote:
Originally posted by Upside:
Ed,
I believe the talk you're hearing about phantom shares are what the naked short theorists believe. I think the theory is that Urban has bought up almost the entire o/s of "real shares" and everything that everyone else holds are the phantom or naked shorted shares. I'm describing it in simplistic terms but I think thats the gist of it.
its done through of shore accounts. naked shorting is a real problem. but no matter which o/s you go by why naked short a company with hundreds of billions of shares. anyway for SHO to have any effect you'd first have to report your o/s
quote:
Originally posted by jackpot:
This stock is a joke. Boy does UC have everyone snowballed. I was at first, but no more. This stock bounces 100% up and down everyother day. It's got to be a scam.
Just because it bounces up and down 100% everyday doesn't make it a scam. I just wish they would put out a PR that either says "we are a scam" or "sorry, we've been busy trying to get to a better exchange, and as of this PR we are now listed on the big board and yes we do have a naked stock issue to the tune of 700billion shares being naked short stocks. All your shares will have to be covered by the evil MM's and when you combine that with the $400billion worth of diamonds we just found inside Carolyn's pipe should make each share of CMKX worth roughly $25-30. Thank you for believing in CMKX!"
Either one of those PR's would be fine by me.
[This message has been edited by mydogsky (edited January 06, 2005).]
quote:
Originally posted by jackpot:
This stock is a joke. Boy does UC have everyone snowballed. I was at first, but no more. This stock bounces 100% up and down everyother day. It's got to be a scam.
Surely you must be kidding. There are far too many very bright people investing in this stock. The fact that it bounces between .0001 and .0002 does not in any way prove it to be a scam. Get real.
quote:
Originally posted by Upside:
Ed,
To answer your questions in reverse order, that is pretty much the definition of naked shorting, selling shares that don't exist. At some point the market makers are forced to "cover", or, come up with the non-existent shares when required to. When there is a large naked short position on a stock, that's when you'll see the typical short squeeze, when the price is rising and a lot of the MM's are forced to cover their short position. They'll buy shares at any price in order to cover and that escalates the price. In the case of CMKX, some are saying that the entire 800 billion a/s is naked shorted and that eventually, when forced to cover, the price will rise to astronomical levels. Yes, you will be able to sell your shares whether this happens or not. Maybe not for the price you want but you'll be able to sell them. Whether the shares in your account are real or not is unknown. You could call your broker and have them deliver the actual certs to you if that makes you feel safer. Then you know they're real.
quote:
Originally posted by mydogsky:
Just because it bounces up and down 100% everyday doesn't make it a scam. I just wish they would put out a PR that either says "we are a scam" or "sorry, we've been busy trying to get to a better exchange, and as of this PR we are now listed on the big board and yes we do have a naked stock issue to the tune of 700billion shares being naked short stocks. All your shares will have to be covered by the evil MM's and when you combine that with the $400billion worth of diamonds we just found inside Carolyn's pipe should make each share of CMKX worth roughly $25-30. Thank you for believing in CMKX!"Either one of those PR's would be fine by me.
[This message has been edited by mydogsky (edited January 06, 2005).]
[This message has been edited by will (edited January 06, 2005).]
quote:
Originally posted by will:
....and thank you for believing in the tooth fairy!
[This message has been edited by will (edited January 06, 2005).]
...I hope you caught the sarcasm I was using or maybe I am not catching your sarcasm? Did you throw it?
quote:One day this week my account showed a value and tradable, the next day they were restricted again.
Originally posted by Upside:
Esteban,
I had heard that some were reporting the restriction was lifted. All I can tell you is that mine are still restricted at Ameritrade.
quote:Hey 5 Star, I was one of the ones that gave you a 5 rating (actually, the first).
Originally posted by Upside:
Ok! Got it back up to 5! Thanks someone. Oh, if you guys wouldn't mind, in the future if we might be conversing about something, please refer to me as 5 star. Thank you!
quote:Oh absolutely not Mr. no stars. It does however speak volumes about my wealth of knowledge and overall shining personality.
Hey Mr. Bigshot, 5 star Upside. Does that 5 star rating correlate to the $$$ in your trading account.
quote:
Originally posted by bill1352:
awwww will no stars??? they must be in the mail, honest, went out yesterday...lol........i'm sure there is some explaination. my signature never posted on an post ever till yesterday. i forgot it was there...lol
quote:
Originally posted by Wallace#1:
Hey, Will, maybe you and I should find another message forum where they know how to treat people who call it like it is....as opposed to every which way like "you know who"! LOL
quote:Wow, Will, you hit the nail on the head!!! Old swayback and forth! YOU ARE BRILLIANT!!!
Originally posted by will:
"you know who" ???
You mean my good buddy, kiss a$$. The old, "I hate to disagree", or "I wish those faithful would come back, I miss them" WA WA WA!!!
We don't need no stinking stars, damnit !!!
quote:
Originally posted by Wallace#1:
Hey, Will, maybe you and I should find another message forum where they know how to treat people who call it like it is....as opposed to every which way like "you know who"! LOL
![[Big Grin]](biggrin.gif)
quote:Just messing around Steve. Of course I'm not serious although I did seem to upset my two old buddies Will and Wallace. Oh well, I can handle them!
What a cruel post Upside. I was gonna' give you a good cussing for that, glad I looked at your profile first<G>
Steve
quote:
Originally posted by 5 Star:
originally posted by Esteban:
quote:Just messing around Steve. Of course I'm not serious although I did seem to upset my two old buddies Will and Wallace. Oh well, I can handle them!
What a cruel post Upside. I was gonna' give you a good cussing for that, glad I looked at your profile first<G>
Steve
quote:
Originally posted by Upside:
Dang, I'm back to being Upside again. I went to edit my profile for one post on a different thread as Upside and when I went to change it back to 5 Star it wouldn't let me do it. Hey Will, you've got stars! Only 4 of them but you're getting there!
quote:I'd never insult you guys gently or otherwise. That's no way for a 5 star poster to treat the lesser starred. I for one plan on being a 5 star role model for all of those with fewer stars. You know, someone to look up to.
I'm scared! How bout you, Wallace? Think it's time we go into a silent period to protect ourselves from 5-Star Mr. Meany? I'm not too worried he'll insult us gently, so we don't get upset. He actually loves us, Wallace. Besides we need a good arguement to liven this crap thread up again. Maybe we can argue with the faithful about all those stars they sqaundered on him.
quote:What's 800 billion divided by 33?
Are there 33 reasons to stay away?
quote:HI Highway and that was just my shares! lol
Originally posted by Highwaychild:
That's why it's only opinion Bill.But,come on, more than 1 or 2 has been stated as fact.
And this chart kills me.There has been massive buying since late Aug.
http://tinyurl.com/6alxc
quote:Click on the "my profile" tab and your messages show up there.
Thanks Upside for the dwman comment. I sent him a message. Where does mail show up here?
quote:Looks like my USCA divvy shares are worth something to somebody.If not only for a closer look by the SEC,but if they become unrestricted........worthwhile.
Originally posted by Wallace#1:
One word......worthless.
![[Smile]](smile.gif)
quote:USCA is on the same backglass of the same Funnycar as CMKX.I'd just think they're pretty close.The 2 seem to be pretty closly related in the Portovello gold mine too.Yes,I think that this could effect CMKXs' pps.
Originally posted by bill1352:
highway, yes they are partners in a few differant things but no they are not the same company.
quote:
Originally posted by dwman:
Will, correct me if I am wrong but I think in order to get on the list a company has to have filed. I know there are lots of pink sheet stocks on the list but I bet they all have a filing. I will check that out later.
quote:
Originally posted by dwman:
PS, Will, I'm still long and strong among the faithful. Perhaps I'll tell my grandchildren, "look at all of these worthless cmkx certificates. Take them out to the trash barrell and burn them or put them in the outhouse." LOL
Seriously I think you are wrong Will. I hope you are.
quote:[/QB][/QUOTE]
Originally posted by will:
[ The whole thing is left to conjecture, specualtion, and theories, published by foaming at the mouth rabid believers. [/qb]
quote:Nothing a five star guy can do about it Upside, I was ugly before I got here. LOL
Originally posted by Upside:
Getting ugly here! You need a 5 star guy to step in?
quote:
Originally posted by Wallace#1:
Upity 5 Star,
"Maybe I should go into politics. I seem to have mastered the art of no-speak in your and Wills opinion."
----------------------------------
You sure did make me laugh out loud on that one. Just might be a good idea! If I could, I'd vote for you as long as you are not a lawyer too. That way, at least we'd know exactly where you stand on major issues. No offense. LOL
quote:Businessman and politician of the Gods!
Doesn't old 5 Star remind you a bit of Cheney?
quote:
Originally posted by Wallace#1:
Hey Will,
Doesn't old 5 Star remind you a bit of Cheney?
quote:
Originally posted by Wallace#1:
Yeah, Will, I thought that photo could have used a little touching up too! Something about the face and other features just out of place.
You cannot say he "speaks with a forked tongue".
How about "speaks out of both sides of his mouth"...just like Cheney?
quote:Hey cashcowmoo... I saw a post by you on another board with an avatar I really liked. What medal is that and thanks again and again and again for serving our country.
Originally posted by CashCowMoo:
save the fighting for ramadi fellas! cmkx is real and is happening and the nay sayers shall be silenced
quote:Wallace. Stop dangling your participles. LOL
Originally posted by Wallace#1:
Hey Will,
You, Will, have such an eloquent way of expressing the truth so forcefully!
quote:
Originally posted by Wallace#1:
Will, don't you know that's all part of the "master plan"? What's the matter with you???
Don't you know that UC means "utter confusion"???
quote:How long is it now since Glenn, the Genius, has been working on getting CMKX to be a fully reporting company? Many, many months have passed since he made that wonderful, futuristic statement. A damn 12 year old grade student could have done the math!!! Assets + Liabilities = Stockholder Equity. Very simple!!! Really makes one feel confident knowing he's around to do the right thing by stockholders.
Originally posted by will:
Old Roger Glenn is there to resolve this problem, according to some old posters. The SEC gives him the remedy to prove or disprove the NSS, and he scoffs at it ??? Does that make sense to any sober, right minded person here?
quote:
Originally posted by Wallace#1:
quote:How long is it now since Glenn, the Genius, has been working on getting CMKX to be a fully reporting company? Many, many months have passed since he made that wonderful, futuristic statement A damn 12 year old grade student could have done the math!!! Assets + Liabilities = Stockholder Equity. Very simple!!! Really makes one feel confident knowing he's around to do the right thing by stockholders.
Originally posted by will:
Old Roger Glenn is there to resolve this problem, according to some old posters. The SEC gives him the remedy to prove or disprove the NSS, and he scoffs at it ??? Does that make sense to any sober, right minded person here?
quote:
Originally posted by Wallace#1:
Whoops!!! Should be Assets - Liabilities = Stockholders Equity.
quote:Just not bright enough I guess. Get it? Stars - Bright? Hell, the more I look at that "Whoops" post, the more that looks incorrect as well. Would you believe I got straight A's in Accounting while in college? Must be getting tired, so will get off this site.
Originally posted by will:
No wonder you don't have any stars. LOL
quote:
Originally posted by Wallace#1:
Whoops!!! Should be Assets - Liabilities = Stockholders Equity.
quote:Last word for tonight.............
Originally posted by will:
Sure I believe it, you just left out the fact that you went to school with Thomas Jefferson. Making you about 225/250 years old.
quote:Bob must be tweaking the board. There are several things missing and changed.
Originally posted by Upside:
Ok just what the heck is going on here? Dwman is now Don, Will used to have 4 stars and now has none and Wallace had none and now has 4. Are you two swapping stars? I didn't know you cared that much about each other.
quote:I think there are two dons on this board. I'm revising my profile again to be dwman again. The above quote was not from me. I never tease about things like that because I could not live without a spell check.
Originally posted by will:
I learned that lesson. LOL! If there's one time I eliminate distractions and concentrate it's when I'm about to click on that buy/sell button.
Hope UCAD is free to trade. Hope they came through things in good shape. I even hope more that .0003 / .0005 is real too.
We will see shortly.
quote:
Originally posted by dwman:
Will
On the last thread you said you could live with your spelling shortcomings. LOL From someone who also could not live without a spell check, I fully understand. We just have to be careful when placing our limit orders. Wouldn't want to spell .002 instead of .0002 when placing buy orders. lol
Don
quote:Cold, cold statement there buddy. Upside is officially in mourning. Should be over it by tomorrow morning though. Time to root for the Vikings.
Hey Up,
How about those Vikings, huh? Course, they didn't have much competition! LOL
quote:Except for those dangling things, huh?
Originally posted by dwman:
Well, I do sometimes tease wallace by trying to catch him in a grammatical error but he's a pretty good word smith.
quote:
Originally posted by goforit72545:
Hi everyone. CMKX is going to make many people rich. They have so many things going for them. What do they have going for them. Well let's make a list.
1.Hired high powered SEC Attorney... D. Roger Glenn (Angells & Edwards law firm).
2.Signed an agreement with another company for
mining Uranium.
3.Kimberlites are known to have Gold and Silver. With 1.9 million acres of claims. Almost a no brainer that they will have both.
4.CMKX owns Gemm (diamond mining company), which has claims in Brazil with high quality diamonds already being mined.
5. Gemm also has a 50% profit sharing agreement with Elcapitan mining co. for mining high grade iron ore. Elcapitan has signed a 10 year agreement to ship iron ore to China. Worth 10's of millions of dollars.
6.Owner of CMKX also owns a private co. called Casavant International Mining Co. (Cim) has Zinc deposits valued around $500,000,000.
7.CMKX just recently purchased a gold producing mining company in Ecuador.
8.CMKX owns a racing car. It takes Big money to be able to do this.
9.As far as the share structure goes. Let's take a closer look at this.
There are a total of 50,000 shareholders of CMKX. The average share holder owns 5,000,000 shares. Let's take just 40,000 X 5 million = 200 billion. CMKX has just recently retired back to the treasurey 75 billion. Plus the stock is naked shorted to death. I will suggest that there possibly might not be an O/S. Let's not forget that Urban Casavant has been retiring shares back to their treasurey for the last year. No one knows the share structure. It will be known soon. If you read this post and aren't convinced then I guess you'll just have pass on probably the greatest stock play of a lifetime.
Go
quote:This shareholders association is being formed by "Drymouth" the owner of Sterlings classroom at Paltalk. Large shareholders visit the boards and paltalk, and would know about this association and join. Most shareholders are in the 1 to 5 million range and don't even know about the boards, Paltalk or the association, and if they did, would probably not join. They have purchased a "lottery" ticket, and all they are waiting for is the "drawing" and they will be gone. So the association is composed of those large shareholders and so that number is shewed towards them, and cannot be used to arrive at a dependable average or OS.
Originally posted by Upside:
Goforit,
Have you seen this site?
http://cmkxshareholders.com/enrollment.asp
So far only 774 shareholders have reported their holdings and it already exceeds 41 billion. Doing the math based on 50,000 shareholders that equals an o/s of around 2.7 trillion. Unscientific and probably overstated I realize but it certainly blows your "no o/s" theory out of the water.
quote:The posts by the negative folks here is just as old. Shouldn't we be just as tired of their same old BS? Shouldn't they be "giving it up" as well? None of the posts here mean anything until the company reports. But the incessant negativism invokes the "believers" response. Speculation about the company being a "fly by night", "sucks" just as much, ed.
Originally posted by ed19363:
This list is as old as my grandmother. Dont you people ever get tired of posting the same old BS all the time. Give it a rest, it means absolutely nothing until this fly-by-night company posts a PR. Speculation sucks!!quote:
Originally posted by goforit72545:
Hi everyone. CMKX is going to make many people rich. They have so many things going for them. What do they have going for them. Well let's make a list.
1.Hired high powered SEC Attorney... D. Roger Glenn (Angells & Edwards law firm).
2.Signed an agreement with another company for
mining Uranium.
3.Kimberlites are known to have Gold and Silver. With 1.9 million acres of claims. Almost a no brainer that they will have both.
4.CMKX owns Gemm (diamond mining company), which has claims in Brazil with high quality diamonds already being mined.
5. Gemm also has a 50% profit sharing agreement with Elcapitan mining co. for mining high grade iron ore. Elcapitan has signed a 10 year agreement to ship iron ore to China. Worth 10's of millions of dollars.
6.Owner of CMKX also owns a private co. called Casavant International Mining Co. (Cim) has Zinc deposits valued around $500,000,000.
7.CMKX just recently purchased a gold producing mining company in Ecuador.
8.CMKX owns a racing car. It takes Big money to be able to do this.
9.As far as the share structure goes. Let's take a closer look at this.
There are a total of 50,000 shareholders of CMKX. The average share holder owns 5,000,000 shares. Let's take just 40,000 X 5 million = 200 billion. CMKX has just recently retired back to the treasurey 75 billion. Plus the stock is naked shorted to death. I will suggest that there possibly might not be an O/S. Let's not forget that Urban Casavant has been retiring shares back to their treasurey for the last year. No one knows the share structure. It will be known soon. If you read this post and aren't convinced then I guess you'll just have pass on probably the greatest stock play of a lifetime.
Go
quote:Wait until wallace sees this. lol
Originally posted by Upside:
This should be fun.
quote:Throwing gas on the fire is always good in my opinion.
Did I do good Upside?
quote:
Originally posted by will:
Old Roger Glenn is there to resolve this problem, according to some old posters. The SEC gives him the remedy to prove or disprove the NSS, and he scoffs at it ??? Does that make sense to any sober, right minded person here?
quote:Yes will, it does make sense. While under audit, pending reporting, they are legally bound to make no statements that could affect the perception of valuation.
Originally posted by will:
As for the importance and praises for RG. Why haven't they reported the O/S so they can resolve the NSS issue?
quote:
Originally posted by will:
Old Roger Glenn is there to resolve this problem, according to some old posters. The SEC gives him the remedy to prove or disprove the NSS, and he scoffs at it ??? Does that make sense to any sober, right minded person here?
quote:
Originally posted by legaleagle:
quote:The posts by the negative folks here is just as old. Shouldn't we be just as tired of their same old BS? Shouldn't they be "giving it up" as well? None of the posts here mean anything until the company reports. But the incessant negativism invokes the "believers" response. Speculation about the company being a "fly by night", "sucks" just as much, ed.
Originally posted by ed19363:
This list is as old as my grandmother. Dont you people ever get tired of posting the same old BS all the time. Give it a rest, it means absolutely nothing until this fly-by-night company posts a PR. Speculation sucks!!quote:
Originally posted by goforit72545:
Hi everyone. CMKX is going to make many people rich. They have so many things going for them. What do they have going for them. Well let's make a list.
1.Hired high powered SEC Attorney... D. Roger Glenn (Angells & Edwards law firm).
2.Signed an agreement with another company for
mining Uranium.
3.Kimberlites are known to have Gold and Silver. With 1.9 million acres of claims. Almost a no brainer that they will have both.
4.CMKX owns Gemm (diamond mining company), which has claims in Brazil with high quality diamonds already being mined.
5. Gemm also has a 50% profit sharing agreement with Elcapitan mining co. for mining high grade iron ore. Elcapitan has signed a 10 year agreement to ship iron ore to China. Worth 10's of millions of dollars.
6.Owner of CMKX also owns a private co. called Casavant International Mining Co. (Cim) has Zinc deposits valued around $500,000,000.
7.CMKX just recently purchased a gold producing mining company in Ecuador.
8.CMKX owns a racing car. It takes Big money to be able to do this.
9.As far as the share structure goes. Let's take a closer look at this.
There are a total of 50,000 shareholders of CMKX. The average share holder owns 5,000,000 shares. Let's take just 40,000 X 5 million = 200 billion. CMKX has just recently retired back to the treasurey 75 billion. Plus the stock is naked shorted to death. I will suggest that there possibly might not be an O/S. Let's not forget that Urban Casavant has been retiring shares back to their treasurey for the last year. No one knows the share structure. It will be known soon. If you read this post and aren't convinced then I guess you'll just have pass on probably the greatest stock play of a lifetime.
Go
quote:I gave you 5 of 'em Ed. Sooner or later they'll show up. Just hope they're not taken away like Wills were.
And even worse, I'll never earn a star now. (boo hoo)
quote:
Originally posted by legaleagle:
quote:Yes will, it does make sense. While under audit, pending reporting, they are legally bound to make no statements that could affect the perception of valuation.
Originally posted by will:
As for the importance and praises for RG. Why haven't they reported the O/S so they can resolve the NSS issue?
quote:
Originally posted by will:
Old Roger Glenn is there to resolve this problem, according to some old posters. The SEC gives him the remedy to prove or disprove the NSS, and he scoffs at it ??? Does that make sense to any sober, right minded person here?
quote:Why not?
we won't even start on how foolish this is
![[Wink]](wink.gif)
quote:
Originally posted by will:
billy,
I was on the phone with UpMan when I read that. I'm still recovering from laughing my azz off. I need to hire a good Stock Star attorney to address the problems facing my star status.
quote:Pretty much what I was thinking, thanks for the confirmation
Originally posted by bill1352:
doc..thats for usca now if you own usca stock thats not restricted it might help but it doesn't do anything for cmkx's pps. add to the fact that the bars would need to be diamond batrs to help 800 billion o/s...lol i'm thinkin .0001 to .0002 tomorrow....lol
quote:
Originally posted by CashCowMoo:
will is it true your stars are NSS
quote:37 so far.
Hey, Up, how many damn votes do you have? Compare that!!! LOL
quote:Well, you turkey Upity 5 Star, I have 9 too! I suppose 5 of those were given at 0 Ratings! LOL
Originally posted by Upside:
Jus kidding Wallace. Only have 9. I'll be issuing a p/r later today about the star situation.
quote:QUACK! QUACK! QUACK!
Originally posted by CashCowMoo:
im going to hide my stars from everyone....and then when my ducks are lined up in a row....WHAM BAM THANK YOU MAM and im going to come out with the stars ive been hiding and everyone will see how much im worth!!!
quote:
Originally posted by Upside:
Well I'll be dipped. He was naked shorted after all. I wonder if he really bought up the entire o/s (outstanding stars) count as well.
quote:For Sure, I would not doubt it
Originally posted by bill1352:
in other words it ain't over yet...lol notice the part about "others having relationships with the company" ya think that might mean cmkx & friends????....lol
quote:Thanks for the info cashcowmoo. If I said thank you a thousand times a day, it would not be enough to adequately express my gratitude for what you are doing. God bless you as you dodge the bullets and may He be your guardian. Stay safe.
Originally posted by CashCowMoo:
dwman in answer to your question a page or so back that medal/award you saw is the CIB (combat infantrymans badge)
im glad to check in on here and see everyone LOVING ONE ANOTHER SO MUCH! LOL
im really sorry i havent been able to come here and throw some DD around. Are there really people here that dont think the PPS is going up? to the moon or .0008 its going up sooner or later. if it IS a scam like many of you believe it will go up before it goes down. so there is money to be made for everyone! me, well im holding until .10 PPS
quote:It could be Cardiac Arrest time for him, we had better stand by
Originally posted by dwman:
OH MAN!!!! Cashcow, I hope wallace doesn't see that post. I dangled a participle.
quote:Hell, if you and Doc hadn't opened your big star mouths, I probably wouldn't have noticed.
Originally posted by dwman:
OH MAN!!!! Cashcow, I hope wallace doesn't see that post. I dangled a participle.
quote:Be nice. He probably invented Sars
Originally posted by compound cash:
send him sars
quote:Doing fine Doc...can't breath with this weather (even with oxygen), doctor thinks I have an ulcer now, legs ache from vericose veins, feet hurt because they're flat, eyes always feel like there's always dirt in them, prostate not improving (half hour bouts unrinating), etc., etc. LOL No such thing as the Golden Years.
Originally posted by Doctoall:
Hey Wallace: How are you doing? I was waiting for a bigger reaction
quote:Nope not at all: Remember I work with those folks who are in their Golden Years. This time of the year is hardest on that population. I truly hope that you feel better soon.
Originally posted by Wallace#1:
quote:Doing fine Doc...can't breath with this weather (even with oxygen), doctor thinks I have an ulcer now, legs ache from vericose veins, feet hurt because they're flat, eyes always feel like there's always dirt in them, prostate not improving (half hour bouts unrinating), etc., etc. LOL No such thing as the Golden Years.
Originally posted by Doctoall:
Hey Wallace: How are you doing? I was waiting for a bigger reaction
Bet you're sorry you asked!!! Good to hear from
you, Doc.
quote:What do you mean, "Stop yourself, Man!"? Why should I stop when I am on a roll? LOL
Originally posted by will:
"prostate not improving (half hour bouts unrinating), etc., etc. LOL No such thing as the Golden Years."
Stop yourself, Man!
![[Eek!]](eek.gif)
...LAS VEGAS, Oct 26, 2004 - U.S. Canadian Minerals Inc.quote:LOL.... Oh yeah you would have. I had to catch it first. I'm the only one you will spar with over stuff like that and I enjoy it.
Originally posted by Wallace#1:
quote:Hell, if you and Doc hadn't opened your big star mouths, I probably wouldn't have noticed.
Originally posted by dwman:
OH MAN!!!! Cashcow, I hope wallace doesn't see that post. I dangled a participle.
quote:Doc, wallace is getting much too mellow. We have to do something. Oh I know!!!!! CMKX will reach a pps of .15 by end of next week. JMO lol
Originally posted by Doctoall:
Hey Wallace: How are you doing? I was waiting for a bigger reaction
quote:I hope cash cow gets some stars. I want him to make general if he is career Army.
Originally posted by Wallace#1:
c-cash,
And I was just thinking about giving you some stars!
quote:DARN!!! Gotta watch you more creaflly.
Originally posted by Wallace#1:
OK, you guys, my neighbor fixed my computer and finished about 8 PM. Now get ready for me to rag on all of you!
Hey, dwman, did you notice I misspelled a word in my post to Doc? Damn!!! Must keep on your toes, buddy! .....and that nut Will brought it to everyone's attention.
quote:Wallace probably had something to do with you loosing a star. Yesterday he said that his comp had crashed and he was using a laptop. I bet he was tampering with your stars on another comp so that his IP would not be traced. Damm Wallace
Originally posted by Upside:
There seems to be a behind the scenes, private message smear campaign going on here to lower my rating so now I'm forced to mingle with the commoners here for a while. That's ok, you know the old saying "the cream always rises to the top"? I'm sure it will hold true in my case.
He stole the cream from the top
quote:And what if it's not.What will you give me?
Originally posted by boised:
Funny when good news hits UCSA then they claim a link to CMKX.. When bad news hits then they deny any link between the two.
Folks the end is near and the end credits will read
S C A M M E D.
quote:A huge cubic zirconia to go with your Kool-aid!
Originally posted by Highwaychild:
quote:And what if it's not.What will you give me?
Originally posted by boised:
Funny when good news hits UCSA then they claim a link to CMKX.. When bad news hits then they deny any link between the two.
Folks the end is near and the end credits will read
S C A M M E D.
I mean I could say the sky is orange,but that don't mean it is.
I think I'll wait and let the S.E.C. decide if that's o.k. with you.
quote:Dang tic, that's not fair. Oh well, I just gave you 5 so now you should go and do what's right, stump for some 5 star ratings for Upside here!
sorry upside I had to rate you one in feeble atempt to drag you down to my level of none. however it had no impact whatsoever. darn it, foiled again. if it wasnt for you pesky kids.
quote:Not true at all. The entertainment value alone is priceless!
man this stock is worthless
quote:I am now since the one that had their eyes lit up looking at dust flakes at Carolyn ... died. Don't you just love when JV partners have to fess up about micron size diamonds ... feel & spread the love
Originally posted by Highwaychild:
Oh,B.You forgot about the Portovello gold mine
Oh,and the uranium claims venture
Only diamond dust?LOL.Are you a official geologist?
quote:
Originally posted by boised:
MLON,GZFX,& QBID all have a product to sell ... cmkx has fairy dust particles called "diamonds" the size of sand to lure investors into paying for Urban's drag racing car.
"... management would never have a shareholders party on no news!!! ...."
S C A M M E D
quote:ILLITERATE!!
Originally posted by big d:
MORON
quote:
Originally posted by boised:
MLON,GZFX,& QBID all have a product to sell ... cmkx has fairy dust particles called "diamonds" the size of sand to lure investors into paying for Urban's drag racing car.
"... management would never have a shareholders party on no news!!! ...."
S C A M M E D
quote:
Originally posted by legaleagle:
The top two on that poll are two to one over the negs. Looks like the negs may rule the thread, but not the hearts of minds of the "faithful".
CMKX ---- will we ever see proffits off of this again?
Choose 1
Yes Definately 33% (16)
Possibly 35% (17)
Not a snowballs chance in Helll 33% (16
quote:
Originally posted by Highwaychild:
And a gold mine.And just for the record, I do not agree with what Randy Moss did.LOL
quote:A PR would be nice.But to see the wooden nickel thing,now that would be pretty cool.
Originally posted by mydogsky:
How about just a stupid lousy PR that tells us what the hell is going on? It's not like I am asking for them to stand on their heads and spit wooden nickels.
quote:
Originally posted by mydogsky:
How about just a stupid lousy PR that tells us what the hell is going on? It's not like I am asking for them to stand on their heads and spit wooden nickels.
quote:Do you think their next PR will include a Q after their symbol......CMKXQ?
Originally posted by Highwaychild:
The new IR guy has only had one PR so far,the last one,and I think we need about 10 more like it.LOL
quote:If we get the "Q" does that mean we will get their pps as well? I could make some money of this lame duck! Then I could say every 5 minutes "All we have to do is launch!"
Originally posted by Wallace#1:
quote:Do you think their next PR will include a Q after their symbol......CMKXQ?
Originally posted by Highwaychild:
The new IR guy has only had one PR so far,the last one,and I think we need about 10 more like it.LOL
Then many of you will be saying:
"GO CMKXQ!!!" Right? LOL
Based upon past and present performance, that does make a lot of sense.
quote:First, they have to find somewhere productive to dig....not your back yard.
Originally posted by Upside:
Don't you mean "All we have to do is dig"?
quote:
Originally posted by goforit72545:
There are some people on here who are paid bashers. I know a few of them. They were on QBID about 6 months ago. Wallace #1, upside, mydogsky, highwaychild, will, Bill1352. So you see right now damn near all the people postiing on here are paid bashers. This is believe it or not a good sign. When they come out in force it usually means that this stock is close to start moving up. Now don't believe all the B.S. they are saying about how long it will take before the company starts mining their minerals(diamonds, golf, silver, uranium, zinc). You can take this next statement to the bank. Mining company stocks are able to go up on just valuation alone. Plus when cmkx comes out with the land valuation and the share structure this stock will pop. We also have a huge naked short position by the market makers. If your not in this one before it starts to go up you will be chasing this one and I doubt that you will be able to catch her. I have a web site for you to look at. It has most of the press releases on cmkx. This is called Due Dilligance. Never take anyone's word on these message boards. Do your own stock research and start it by going to the following websites.
quote:$16.12?Dang you had a good month.LOL.I only got $10.12.
Originally posted by Upside:
Aw, don't leave goforit, you're a lot of fun! One question though, why lump Highwaychild in with our group of paid bashers? He's a good guy and all but come on, he works for the opposition!
quote:Who's Bo?
Man,you get Go and Bo in the same room together and that could get pretty ugly,huh?
quote:
Originally posted by Wallace#1:
What the hell are you guys talking about? I'm supposed to be a paid basher and never received one lousy penny so I could buy even a couple of shs.
Problem is, where are we going to plant when CMKX is deader than dead?
quote:Wow, "your" rather illiterate for such a big player. Note the poor grammar here folks. UC had better pay them pumpers better.
Originally posted by goforit72545:
If "your" wondering why the partnership investment is smaller than my personal one
".The" answer is that the other partners are rather frugal and don't have a very high tolerance for pain. If "your" going to be in the pennies you have to know what "your" doing or the market makers will rob you blind. Good Luck to you all.
Bob
quote:Nope you never hear anything about that shameful event, I wish I had been there when that lady went after Urban
Originally posted by Wallace#1:
Anyone notice how quickly the hype and events of the Las Vegas party died down? One hears nothing from the faithful about that fiasco and shameful event.
Actually, it would ahve been better had she been able to get at him
quote:No.
Do you ever hear any justification or explanation of any of these theories that fail to materialize?
quote:LOL.....
Originally posted by boised:
Wow how COMPLETELY stupid do you have to be to buy more shares at this point.. Please donate your money to the Tsunami funds instead of paying for Urbans racing team next season.. alteast your money will do some good!!!!!!
quote:Thanks Will for a much kinder post than boised.
Originally posted by will:
That's the good thing about "your money", it belongs to you, and you can choose how to spend it. I know at this point no more of mine will be going to CMKX, but for those who choose differently, good luck.
I just think it is insane at this point to spend one more dime on a company that won't give investors honest and forthright information. I don't believe for one second there is good reason, other then there not being any good news, that the company shouldn't be forthcoming.
quote:Well, I don't do this to anyone except wallace but lanebro, if you live in a glass house you should not throw stones. UC better pay "them" pumpers better? Where did you study grammar?
Originally posted by lanebro:
quote:Wow, "your" rather illiterate for such a big player. Note the poor grammar here folks. UC had better pay them pumpers better.
Originally posted by goforit72545:
If "your" wondering why the partnership investment is smaller than my personal one
".The" answer is that the other partners are rather frugal and don't have a very high tolerance for pain. If "your" going to be in the pennies you have to know what "your" doing or the market makers will rob you blind. Good Luck to you all.
Bob
quote:Upsid,,, you caint spel worth a flip.
Originally posted by Upside:
Dose dat mean yu wont du it to me dwmen?
quote:In all seriousness for a change, you have a good point wallace, if the person's primary language is English. I would not want someone critiquing my Spanish and German too closely. Their now. You have you're opinion. I have myne.
Originally posted by Wallace#1:
dwman,
You wrote: "Well, I don't do this to anyone except wallace....."
Don, I have been meaning to talk to you about that, but every time I try I forget what you said to p:ss me off.
I think lanebro just might have said "them" on purpose to ram the point home. It does seem to me that someone with at least a 4th grade education could write "you're" instead of "your", "their" instead of "there", and, "dragged" instead of "drug". However, maybe I am just too critical and too sensitive to someone butchering the English language.
Besides, "eye" ain't got "know" tact when "eye" donut pheel lyke it.
Up, you'd better be quiet!!!! LOL
quote:Upside you got me in trouble. I was on the floor laughing and grabbing my chest and my wife thought I was dying of a heart attack. Last time I saw her she was going out the door with my insurance policy.
Originally posted by Upside:
In all seriousness though, I've seen you guys make fun of dangling participles and you probably shouldn't. I mean, have you ever had one? Believe me, they can hurt so bad at times that you can't sit down! And if they don't hurt, they can really itch. If you've had one you know it's no laughing matter so can we please be a little more sensitive to the participle sufferers, dangling or otherwise?
quote:LOL... nope. That would re-establish you as a basher.
Originally posted by Wallace#1:
What would you say if I told you that you are insane to buy more CMKX? Would that re-establish your sanity?
quote:Must Be The "Virgin Body"
Originally posted by Wallace#1:
dwman,
Sounds like you might be a bit depressed. Cannot do that! Just remember, we cannot live without such problems...so we must look forward to them.
Speaking of alleve, had a headache while at a friend's home and they gave me some alleve. Never had it before and almost passed out on the way home.....as though driving in a dizzy fog. Had to pull over.
Must have lived through it! LOL
Not Use To Drugs
quote:MAN!!! You're a hell of a lot better than I. I would have unknowingly made the latter choice....but wrongfully so. Don't plan to get into a grammar quiz with you! Sure to lose. Damn!! I never even noticed you stuck in "your".
Originally posted by dwman:
LOL... Here's one for you wallace. Should I write, "which turkey are you referring to?" or "to which turkey are your referring?" Either way you lose grammatically?
quote:LMAO! Will is so eloquent!! Where would we be without him and his tactful way of handling a delicate situation?
Originally posted by Upside:
Yep, netsec or as Will calls him, nutsack.
quote:ROTFL.... I did indeed friend.
Originally posted by Wallace#1:
"Hay wallace...." Damn you, dwman. Did you do that on purpose?
quote:Not yours dw but certainly most of mine. By the way, knowing where you are from, I'm assuming your use of Hay instead of Hey was intentional, as in "seed" right?
Hay wallace, I think Upside just called our posting inane junk.
quote:No, my stomach gets in the way.
Was there a nutsack sighting?
quote:I have a nephew that does that all the time when he writes. Drives me crazy, but I don't correct him.....he's one I like.
Originally posted by dwman:
quote:ROTFL.... I did indeed friend.
Originally posted by Wallace#1:
"Hay wallace...." Damn you, dwman. Did you do that on purpose?
quote:really should have started as "There are Wallace,"?
Hay wallace, I think Upside just called our posting inane junk.
quote:LOL
Originally posted by Upside:
originally posted by Will:
quote:No, my stomach gets in the way.
Was there a nutsack sighting?
quote:LOL. Exactly! It should have read "There are Wallace wallace, I think..."
Originally posted by Upside:
So this sentence:
quote:really should have started as "There are Wallace,"?
Hay wallace, I think Upside just called our posting inane junk.
quote:suberp
Originally posted by dwman:
The USA is a suberb of Texas.
quote:LOL.. good one.
Originally posted by Wallace#1:
Now that's supburb!
quote:Must have missed it, what was the question?
PS: Noticed you ignored my question about Kate.
quote:
Originally posted by legaleagle:
The company never announced that anything would come out at the party. That was shareholder rumor. Most dates set by the company in a PR have materialized if they were possible. The only ones I know of in which dates were set, were in regards to the dividends. And we don't know what happened with those dividends. And that is probably related to the naked short situation and not being able to deliver on the "phony shares". That is why we still hold "markers" on them, instead of real dividends.
Not trying to go into all of that, I only point out that dates are the product of overly anxious shareholders, not the company. CMKX is still delivering on the most recent promises of becoming fully reporting. The fact that it is taking a long time only demonstrates the complexities of straightening out the naked short situation. The fact that many are frustrated with the delay has no bearing on how quickly Roger will bring this to a conclusion. He is not trying to win a popularity contest with the shareholders. He is trying to win a major battle with a corrupt and financially powerful opponent. All IMO
quote:
Originally posted by goforit72545:
Let me repeat myself just one more time to make sure all the newbies get it.
There are some people on here who are paid bashers. I know a few of them. They were on QBID about 6 months ago. Wallace #1, upside, mydogsky, highwaychild, will, Bill1352. So you see right now damn near all the people postiing on here are paid bashers. This is believe it or not a good sign. When they come out in force it usually means that this stock is close to start moving up. Now don't believe all the B.S. they are saying about how long it will take before the company starts mining their minerals(diamonds, gold, silver, uranium, zinc). You can take this next statement to the bank. Mining company stocks are able to go up on just valuation alone. Plus when cmkx comes out with the land valuation and the share structure this stock will pop. We also have a huge naked short position by the market makers. If your not in this one before it starts to go up you will be chasing this one and I doubt that you will be able to catch her. I have a web site for you to look at. It has most of the press releases on cmkx. This is called Due Dilligance. Never take anyone's word on these message boards. Do your own stock research and start it by going to the following websites.
http://www.questfordiamonds.com/
http://www.questfordiamonds.com/news.htm
quote:
Originally posted by Wallace#1:
legaleagle: The company never announced that anything would come out at the party.
Wallace#1: I seem to recall that both Glenn and UC were supposed to make statements. We do know they said they could say nothing.
Your suppositions do not amount to a PR or a company statement. As I said, it was shareholder rumor.
I will have to wait on an interpreter to answer the second half of that sentence.
legaleagle: CMKX is still delivering on the most recent promises of becoming fully reporting.
Wallace#1: Agree with Will's post above. Besides, as I previously stated, a 12 year old kid who can add or subtract could have figured out an accurate report.
I think a 12 year old kid could also explain to you that an attorney who is being paid is still doing what he promised to do publicly. And if that atorney is not being paid, he will also announce publicly that he is no longer pursuing the goals he stated.
legaleagle: He is trying to win a major battle with a corrupt and financially powerful opponent.
Wallace#1: Where's your proof for any part of the above statement? IMO, IMO, IMO, BS!!!!!
The extensive number of companies on the current SHO lists should be enough proof of that. Or:
http://tinyurl.com/5rfbv
In comments to the U.S. Securities and Exchange Commission, C. Austin Burrell, who is providing litigation support and research for the law firms, said that StockGate is more massive than anyone may have imagined. "Illegal Naked Short Selling has stripped hundreds of billions, if not TRILLIONS, of dollars from American investors," and have resulted in over 7,000 public companies having been "shorted out of existence over the past six years." Burrell said some experts believe as much as $1 trillion to $3 trillion has been lost to this practice. [/b]
quote:Those comments were well supported with DD and excellent research, Wallace1. Just as most of your comments to this board about CMKX.
Originally posted by Wallace#1:
legaleagle,
How many people have been sucked into buying CMKX by avid promoters such as yourself now and under another name? You admit you are a novice, you tried to come on as some kind of legal expert or lawyer and you state nothing that has any factual merit.
When are you going to realize that that horse's tail you are hanging on to is covering a big piece of sh:t about to be revealed?
I sure do wish I could find something of merit in what you post, but that is impossible! You have your mind closed.
quote:Ric there is a major difference between AS, Authorized Shares; and OS, Outstanding Shares. There is a commonly held belief here that they are one and the same. But ask someone for proof before you buy into that supposition.
Originally posted by Ric:
Still, what does that have to do with CMKX. With as big of O/S as they have, how could they be shorted. It makes no since to short something that has this many shares. And the article is not directed to CMKX either just a article on naked shorting in general. You need to dry up the O/S, well float before you need to short and how is it possible with a stock that has more shares then the majority of Nasdaq companies combined. Every investor in the United States would have to have millions of shares of this stock before you would even need to short it.
legaleagle:
In comments to the U.S. Securities and Exchange Commission, C. Austin Burrell, who is providing litigation support and research for the law firms, said that StockGate is more massive than anyone may have imagined. "Illegal Naked Short Selling has stripped hundreds of billions, if not TRILLIONS, of dollars from American investors," and have resulted in over 7,000 public companies having been "shorted out of existence over the past six years." Burrell said some experts believe as much as $1 trillion to $3 trillion has been lost to this practice.
quote:Wallace#1, would you please show us a link, or a PR, or some real evidence of what the true OS and float really are of CMKX? If not, then I suggest that no one knows where this stock is, or where it is going. Not your or I. Daily bashing is not productive without facts. Bring us the evidence.
Originally posted by Wallace#1:
legaleagle: Ric there is a major difference between AS, Authorized Shares; and OS, Outstanding Shares. There is a commonly held belief here that they are one and the same.
Wallace#1: Where did you get the idea that it "is a commonly held belief that they are one and the same"? That is about the wildest assumption you have made yet!
quote:Ric, if you are going to believe that article over other posters here, then you would have to believe the part about CMKX being "a reporting company"
Originally posted by Ric:
I know the difference between O/S and A/S. And I did my DD. I am very good at research and if you read the Dow Jones article above, I would believe there guess over someones on this board. I am very good at TA and FA.
from above article:
For example, CMKM Diamonds Inc. (CMKX), a Pink Sheet company with an estimated 800 billion shares outstanding,
quote:How ironic I'm coming up on my tax break.
Originally posted by ghosty:
Do people still hold this? LOL. I almost got into this last year.
quote:
Originally posted by legaleagle:
quote:Wallace#1, would you please show us a link, or a PR, or some real evidence of what the true OS and float really are of CMKX? If not, then I suggest that no one knows where this stock is, or where it is going. Not your or I. Daily bashing is not productive without facts. Bring us the evidence.
Originally posted by Wallace#1:
legaleagle: Ric there is a major difference between AS, Authorized Shares; and OS, Outstanding Shares. There is a commonly held belief here that they are one and the same.
Wallace#1: Where did you get the idea that it "is a commonly held belief that they are one and the same"? That is about the wildest assumption you have made yet!
quote:I just gave you the answer, and you know it.
Originally posted by legaleagle:
Wallace1,the same way that you continue to ignore my request for evidence of your position on this stock.
quote:Ric, I don't remember "pumping" this stock. Nor did I "pump" a naked shorting theory. I did bring evidence of a serious problem with naked shorting in the industry, suggesting that Roger Glenn is dealing with that situation. However, I also posted that we don't know yet which is true. And we won't until we get a report from the company. However for those who want to call this stock a POS, please consider their extensive involvement with USCA, which is, or was under SEC investigation, and which is deeply into their evaluation. It has been a couple of months now, don't you think the SEC would have shut them both down if CMKX was a scam?
Originally posted by Ric:
I agree, the best source guess is 800 billion but still a guess. So why come in here and pump this stock and maybe draw a new investor into a stock where the company refuses to tell even the SEC what its share count is. If they refuse to tell then the worst would be the best guess. Companies that hide information from the stockholders don't deserve our respect or new people drawn in on there misgivings. You don't withhold facts unless they are bad.
You are the one coming in and pumping a naked shorting therory when you have no proof what so ever in the hopes you can get enough people to buy this so you can sell it. And thats the truth.
quote:
Originally posted by legaleagle:
quote:Wallace#1, would you please show us a link, or a PR, or some real evidence of what the true OS and float really are of CMKX? If not, then I suggest that no one knows where this stock is, or where it is going. Not your or I. Daily bashing is not productive without facts. Bring us the evidence.
Originally posted by Wallace#1:
legaleagle: Ric there is a major difference between AS, Authorized Shares; and OS, Outstanding Shares. There is a commonly held belief here that they are one and the same.
Wallace#1: Where did you get the idea that it "is a commonly held belief that they are one and the same"? That is about the wildest assumption you have made yet!
quote:
Originally posted by Wallace#1:
They sure do, highway, and you don't know what they have been doing with those shares either. As I once stated, Treasury Shares (what you are referring to as "buyback") are still Authorized and Issued shares....they are just no longer Outstanding but the company can do so in any way THEY see fit.
quote:So let me see, you say it, therefore it is fact. As I have stated, the "dividends" have not been distributed, only markers. Care to honor us with a reason why not? Other than "I said so."
Originally posted by Wallace#1:
legaleagle, you know as well as I, that the dividends confirm the Authorized, Issued, Outstanding in relationship to the total Authorized of CMKX. You seem to be very blind to that fact. How can you continue making your delusive statements?
quote:I pretty much do that every day anyway, just not in so many words.
whoever is wrong when the time comes and truth is out...publicy announces on this board they are a Sh** bag
quote:
Originally posted by legaleagle:
quote:Ric, I don't remember "pumping" this stock. Nor did I "pump" a naked shorting theory. I did bring evidence of a serious problem with naked shorting in the industry, suggesting that Roger Glenn is dealing with that situation. However, I also posted that we don't know yet which is true. And we won't until we get a report from the company. However for those who want to call this stock a POS, please consider their extensive involvement with USCA, which is, or was under SEC investigation, and which is deeply into their evaluation. It has been a couple of months now, don't you think the SEC would have shut them both down if CMKX was a scam?
Originally posted by Ric:
I agree, the best source guess is 800 billion but still a guess. So why come in here and pump this stock and maybe draw a new investor into a stock where the company refuses to tell even the SEC what its share count is. If they refuse to tell then the worst would be the best guess. Companies that hide information from the stockholders don't deserve our respect or new people drawn in on there misgivings. You don't withhold facts unless they are bad.
You are the one coming in and pumping a naked shorting therory when you have no proof what so ever in the hopes you can get enough people to buy this so you can sell it. And thats the truth.
quote:
Originally posted by legaleagle:
quote:Wallace#1, would you please show us a link, or a PR, or some real evidence of what the true OS and float really are of CMKX? If not, then I suggest that no one knows where this stock is, or where it is going. Not your or I. Daily bashing is not productive without facts. Bring us the evidence.
Originally posted by Wallace#1:
legaleagle: Ric there is a major difference between AS, Authorized Shares; and OS, Outstanding Shares. There is a commonly held belief here that they are one and the same.
Wallace#1: Where did you get the idea that it "is a commonly held belief that they are one and the same"? That is about the wildest assumption you have made yet!
quote:Some have called them "phantom" shares, others call them markers. If your prefer, perhaps "promissory note" would be a better description. Whatever the definition, they aren't real shares, and the brokerages are threatening to remove them if they don't get certs soon.
Originally posted by Wallace#1:
Legaleagle, you mentioned markers above. Exactly what is your understanding of the word "marker" as it applies to CMKX and the USCA dividend shares? Please explain in your usual lengthy manner.
PS: You wrote: "Ric, I don't remember "pumping" this stock. Nor did I "pump" a naked shorting theory."
Strange you would say the above, since many of us remember otherwise.
quote:Quite the contrary, the truth is about to come out, so get ready to do your thing. NOT LOL.
Originally posted by Wallace#1:
Cash Cow,
"whoever is wrong when the time comes and truth is out...publicy announces on this board they are a Sh** bag and have horrible DD, with opiniona worthing nothing "
I would be happy to say I was wrong or mistaken.
Don't plan on doing the "Sh**bag" scene. LOL
By the way, it appears that most of the "truth is out", so get ready to do your thing. LOL
quote:AMEN Highwaychild. I started to comment on that but Wallace1 is already on his "noahltl" kick with me. Bringing God into our exchanges would send him into a "tizzy" about the 'faithful'.
Originally posted by Highwaychild:
P-T,
Didn't make any money on CMKX so you blame God?LOL
I think God made the diamonds,not the diamond mining companies.
God also gave man free will to hit the buy/sell button.LOL
quote:Nope no holiday pay so that is an uncompensated bash. No six cents for that one.
do i get holiday pay for bashing???
quote:legal, I don't get the impression that wallace is anti-God. Perhaps he IS anti-faithful but, imo, not even completely that.
Originally posted by legaleagle:
quote:AMEN Highwaychild. I started to comment on that but Wallace1 is already on his "noahltl" kick with me. Bringing God into our exchanges would send him into a "tizzy" about the 'faithful'.
Originally posted by Highwaychild:
P-T,
Didn't make any money on CMKX so you blame God?LOL
I think God made the diamonds,not the diamond mining companies.
God also gave man free will to hit the buy/sell button.LOL
quote:
Originally posted by legaleagle:
Penny Trader said: "CMKX IS shut down in Canada. it is a POS that is why the trading restrictions have not been lifted in the last 3 months."
CMKX is shut down in one province, Saskatchewan, for charges of unlicensed sales of stock by three individuals; and making unsubstantiated claims concerning the stock. NOTE: This is a complaint, not a conviction. Why haven't the other provinces shut down trading. Why hasn't the SEC launched an investigation of CMKX based on those charges. Could it be that there is no merit to the case? Could it be that Roger is considering it no more than a nuisance? Could it be that the impending filing has the answers to the Sask questions and that Roger is not going to make a public record concerning the company until he is ready to file?
Come on Penny Trader you can do better than that.
quote:So Lefty,
I have just returned after a long absence and notice a lot of discussion about O/S. I am a bit confused as when I was last actively watching this stock( and a coinvestor with Urban Casavant). It is now apparent a new business plan has been executed and ownership moved from Canada to USA. At the time of transfer an Attorney(sorry can't remember name) was hire to do this & paid in shares (One billion as I recall).Today I heard (maybe only a rumor) that this attorney was being asked to sign a form to allow a filng for something. If the filing for an exchange then maybe form was for a 5% insider ownership. Unfortunely I was a bit less than this amount< but MY QUESTION IS: If the legal payment of 1b shares is 5% then the maximum O/S would be 20b. This of course would be for legally authorized shares. Can someone direct me to research that would indicate different ?.
Lefty
quote:
Originally posted by Highwaychild:
P-T,
Didn't make any money on CMKX so you blame God?LOL
I think God made the diamonds,not the diamond mining companies.
God also gave man free will to hit the buy/sell button.LOL
quote:Tango, his name is Chris Jensen. He is the Las Vegas attorney that assisted Urban in transfering the Cyber Mark Inc. into CMKI. The alledged source of this information is the Transfer Agent. This occured about three days ago, and may signal the final accumulation of needed documentation to complete the filing.
Originally posted by TANGO42:
I have just returned after a long absence and notice a lot of discussion about O/S. I am a bit confused as when I was last actively watching this stock( and a coinvestor with Urban Casavant). It is now apparent a new business plan has been executed and ownership moved from Canada to USA. At the time of transfer an Attorney(sorry can't remember name) was hire to do this & paid in shares (One billion as I recall).Today I heard (maybe only a rumor) that this attorney was being asked to sign a form to allow a filng for something. If the filing for an exchange then maybe form was for a 5% insider ownership. Unfortunely I was a bit less than this amount< but MY QUESTION IS: If the legal payment of 1b shares is 5% then the maximum O/S would be 20b. This of course would be for legally authorized shares. Can someone direct me to research that would indicate different ?.
Lefty
quote:Lee Webb of Stockwatch is the antithesis of Willy Wizard and Sterling. He hangs around the CMKX IHUB site, doing research for his stories. I notice you had to go back to a Sept 24th article to find anything negative about Glenn.
Originally posted by will:
Anyone ever see this. Many of the faithful hold this stock because of the hiring of Attorney Glenn.
From Stockwatch:
"According to many of the CMKM faithful, any account of the company that does not include mention of its highly touted lawyer, D. Roger Glenn, would be seriously remiss, at best. Great weight is placed on Mr. Glenn's association with the company; indeed, some shareholders claim that he is the reason they hold the stock.
Many CMKM followers claim that Mr. Glenn is one of the top securities lawyers in the U.S., some extend that to one of the best in the world. While Mr. Glenn may indeed be a very good securities lawyer, Stockwatch has not been able to discover any publication ranking him among the top securities lawyers in the U.S. or anywhere else.
A review of SEC filings indicates that Mr. Glenn has been with three different law firms over the past five years and his name appears in SEC filings by at least 12 reporting companies over the same time period. Six of those companies are currently trading on either the OTC Bulletin Board or the pink sheets.
Mr. Glenn has not responded to a Stockwatch interview request."
quote:Upside and will, he is not a "public defender" or Civil Liberties Union attorney. He represents clients on both sides, not just what may be politically correct or popular. And apparently does very well.
Originally posted by Upside:
And these achievments were listed under Mr. Glenns area of expertise, Securities:
Litigation
• All class action claims were dismissed when we
defended a public company, its directors and
executive officers in securities fraud and insider
trading class actions, filed in New York federal
court.
• A dismissal of all derivative claims resulted from
our defense of a public company and its directors
in fiduciary duty derivative actions filed in
Delaware and Florida state courts.
• In the first securities fraud case/class action to
be tried under the Private Securities Litigation
Reform Act, we received a verdict for the
defendant, a national accounting firm, through a
jury trial.
quote:You really don't have a grasp on the enormity of this situation do you?
Originally posted by Wallace#1:
"After college, Roger practiced as a Certified Public Accountant on the audit staff of Deloitte & Touche in Miami."
******************************
And why the hell is it taking him so long to get CMKX to be fully reporting? If he has any talent at all, this should have been completed long ago.
quote:Naaah. Probably your wife.
Originally posted by will:
"You really don't have a grasp on the enormity of this situation do you? "
You the guy been sending me those male enhancemant emails?
quote:He did Wallace. Pg. 50, 2 up from the bottom.
By the way, legaleagle, how about responding to my post to you re "markers"?
quote:Circumstantial my butt!!! It's an obvious fact! Let's see if an x-cop can figure that out.
Originally posted by will:
Well, that's all circumstantial now, isn't it? Scott Peterson got the death penalty based on the same type of evidence though.
quote:"800,000,000,000 shs enormous."
Originally posted by Wallace#1:
"You really don't have a grasp on the enormity of this situation do you?"
**************************************
I sure do, legaleagle!!!
800,000,000,000 shs enormous.
No financial reports as promised for months on end.
No mining results of any significance. Instead, results disappointing.
Party that bombed and some little lady wanted to take UC apart for what has happened with CMKX.
Claims valued by insiders as opposed to independent valuations.
Stocks stopped trading and CMKX being investigated. Similar situation with associated company USCA.
Efforts diverted away from diamond mining...and still no results of any magnitude.
Questionable pasts of participant executives.
Non-arms'length transactions, conflicts of interest and rampant nepotism involving others and family members.
Non-informative, nonexistent and ambiguous PRs
quote:Let's see will, you called me "legal beagle" and attempted to make juvenile fun of my post referencing the "enormity of the situation".
Originally posted by will:
"Naaah. Probably your wife".
Now, now legal, my old friend, that wasn't very nice. We don't want to get persoanl and get family involved, do we? Besides that's below you, I'd figure you'd one of your old deputies for that kind of attack.
If you're serious though, I'll play.
quote:The "markers" are indicative of a distribution. If you research that PR, you will find that UC made reference to wanting every shareholder to receive dividends. He didn't specify "legitimate" shareholders. You do know of course that if they suspect "naked shorting" that they would be looking for an accurate count of those naked shares. I think they got it, and proved a massive NSS situation.
Originally posted by Wallace#1:
Up - Thanks. Missed it.
legaleagle,
Whatever you or anyone else may want to call them
(markers, phantom shares, etc), would you agree that they represent some kind of ratio of USCA shares to CMKX shares? By applying that ratio, do you think one just might be able to get extremely close to the number of I/O shares? Do you question the ratio that appears to be the same with all brokers that rec'd markers (as you call them)? How do you spin that?
quote:legaleagle: Confidentiality, their schedule, their agenda. You will know when they are ready to tell you. "
Originally posted by Wallace#1:
legaleagle: Confidentiality, their schedule, their agenda. You will know when they are ready to tell you. "
Wallace: Oh, yes, I forgot about your avid belief it the "Master Plan".
legaleagle: "My investment is serious business to me."
Wallace: Sad, sad, sad, that you can call CMKX an investment. That's equivalent to calling cow p:ss ginger ale.
legaleagle: "You do know of course that if they suspect "naked shorting" that they would be looking for an accurate count of those naked shares. I think they got it, and proved a massive NSS situation."
Wallace: Don't I remember just a few post back that you said you are not a proponent of NNS?
Wallace: Your comment about "legitimate" shares is little more than weasel wording.
quote:I am sure the faithful will find a way.
Originally posted by bill1352:
i see usca is no longer on the SHO list. means the short has been covered & todays close is $2.17...hmmmmm i wonder how this gets twisted into a cmkx short theory. i will say that list is getting shorter. its about 1/2 of what it was.
quote:GO Where !!!!!!!
Originally posted by Dave:
CMKX will GO...soon.
quote:
Originally posted by bill1352:
i see usca is no longer on the SHO list. means the short has been covered & todays close is $2.17...hmmmmm i wonder how this gets twisted into a cmkx short theory. i will say that list is getting shorter. its about 1/2 of what it was.
quote:dont understand how thats possible
Originally posted by compound cash:
a bunch of trades went through at .0009
quote:Don't you mean .009?
Originally posted by compound cash:
a bunch of trades went through at .0009
quote:
Originally posted by joeyisthebest:
United Carina Resources Corp. Quick Quote: UCA 0.46 (-0.02)
Acquires an Option to Earn a 100% Interest in Two Claim Blocks
11/9/04
in Northern Saskatchewan
United Carina Resources Corp. is pleased to announce that it has
acquired, subject to TSX Venture Exchange acceptance, an option to earn a
100% interest in two claim blocks in northern Saskatchewan. The claims are
located midway between Cameco's Rabbit Lake mine
and the recent discovery
at the Moore Lake property of JNR Resources Inc. The claims comprise a
total of 18,273 acres and are located along the eastern edge of the
Athabasca Basin, which hosts the world's largest and most prolific uranium
deposits, including Cigar Lake, McArthur River, McLean Lake, and Rabbit
Lake.
The property is underlain by metasediments of the Wollaston Group.
Several conductors have been identified historically on the property,
accompanied by anomalous uranium and pathfinder geochemistry. The Company
is currently reviewing data and is planning an exploration program for the
property.
The option on the claims calls for a $20,000 payment and the issuance
of 100,000 shares of United Carina Resources Corp. during the first year
and the same during the second year. At the end of the second year, the
Company will have earned a 100% interest in the property.
Mr. Dave Billard, of Saskatoon, Saskatchewan, will be the Qualified
Person for this project.
ON BEHALF OF THE BOARD
Rick Walker,
President
Capitalization Report for United Carina Resources Corp
Shares Issued: 18158102
Shares Escrow: 42188
CONTACT: TEL: (306) 664-3828 United Carina Resources Corp.
FAX: (306) 244-0042
quote:
Originally posted by Upside:
So we can only post things here now when someone asks for them? He's posting something on one of CMKX's partners, what's wrong with that?
quote:
Originally posted by will:
He posted it because they are a JV of CMKX's. I think I know what you're looking for, it's called an a$$kicking. It was a legitmate post. Only information you ask for should be posted here???
I think not.
[QUOTE]Originally posted by big d:
[QB] Why would you post this for no reason? Did somone ask for this information? Is there something we are supposed to notice? Will you please explain what it is we are looking for?
D
quote:
Originally posted by ed19363:
Back off, big d, your post was out of line. If you dont know all of CMKX's partners, IMO you should be doing DD instead of posting here.
quote:
Originally posted by will:
big d:
If your questions were truly ligitimate, then I apologize. However, it is difficult to believe that someone posting here knows that little about the CMKX Saga. Text is difficult to judge, can't see the emotions or inflections in text. I'm sure more people than I thought you were getting on joey.
I suggest you do a search on CMKX at allstocks and check out the tens of thousands of post regarding it. I don't have the time nor the inclination to explain the past year to you.
If you're thinking about buying, good luck, you wil need it.
quote:Wow, this is too much. All this arguing crap going on and then someone falls off the turnip truck.
Originally posted by beginner:
Hi everyone, this is my first post and I am trying to learn from those on the forum. I see a lot of arguing going on but my question is about CMKX. This is the first and only stock that I have ever purchased. I know as much about trading stock as I do trying to put a man on Mars. I admit I am totally ignorant to the subject of trading stocks but like everyone I thought I might possibly make a little money or have a little fun while I learn. I have $600.00 in CMKX and have had an order in to sell for several days now. One thing I want to ask is can I even sell it.I know there are a lot of different opinions out there but is there a remote chance that the price of this could go up. Thanks for any input
quote:
Originally posted by Wallace#1:
My point about the current financials, in case you missed it legaleagle, is that someone with the skills of a bookkeeper or 1st year accounting student could have had them out long, long ago!
quote:OK, Bill.....how about CMKX...postmortem?
Originally posted by bill1352:
the threads name should be....CMKX - The End Is Near???
quote:We had Tx but threw it back, just to damm many problems
Originally posted by dwman:
CMKX----- One year later.
dwman, upside, doctoall, and others of the faithful, pooled their proceeds from cmkx sales and have purchased the following states----
All, but Texas.... Of course nobody has enough money to by my state. Oh, yes, and they bought Canada too.
So we opted to give it back to Mexico